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AhTong

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2021-09-10

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Wall Street ends down after jobless claims hit 18-month low

2021-09-22

trade with caution

Wall Street ends near flat on cautious note ahead of Fed

2022-01-12

Nice to hear it

Powell Assures Americans That Fed Will Tackle High Inflation

2021-08-29

Up up up

Apple Stock: How It Could Be A Great Inflation Play

2022-01-29

Good recommdation

Sorry, the original content has been removed

2022-01-06

Tarde with precaution

Fed Minutes Flag Chance of Earlier Hikes, Balance-Sheet Rundown

2021-09-23

Thanks for update

昨夜今晨：美联储Taper将至未至！标普终结四连阴

2021-09-20

Agree

PayPal: Don't Underestimate This Fintech Leader

2022-01-05

Trade with caution

Jerome Powell’s Confirmation Hearing for Second Term Set for Jan. 11

2021-09-01

ARA worth buying

ARA logistic Trust (K2LU)growth steady with high divided yield

ARA worth buying

2021-09-01

Keep Apple

2021-08-24

Good stock

What Jackson Hole Could Mean For Apple Stock

Go to Tiger App to see more news

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recommdation&nbsp;","listText":"Good recommdation&nbsp;","text":"Good recommdation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093052233","repostId":"1126756363","repostType":4,"repost":{"id":"1126756363","kind":"news","pubTimestamp":1643433880,"share":"https://ttm.financial/m/news/1126756363?lang=&edition=fundamental","pubTime":"2022-01-29 13:24","market":"us","language":"en","title":"3 Metaverse Stocks to Buy Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1126756363","media":"Motley Fool","summary":"With last year's direct listing of Roblox and Facebook's name change to Meta Platforms, the metavers","content":"<html><head></head><body><p>With last year&#39;s direct listing of <a href=\"https://laohu8.com/S/RBLX\"><b>Roblox</b></a> and Facebook&#39;s name change to <a href=\"https://laohu8.com/S/FB\"><b>Meta Platforms</b></a>, the metaverse took a few more steps into the limelight. The growing trend is emerging as a real investment opportunity that every investor needs to pay attention to.</p><p>The metaverse is viewed as the next step of the internet, or Web 3.0. Where Web 2.0 saw the rise of mobile computing and social media platforms, Web 3.0 will see the emergence of virtual experiences, such as virtual sporting events, meeting rooms, and other immersive experiences where people communicate, play, and work. Many industries could benefit from this new technology.</p><p><b>Goldman Sachs</b> estimates the development of the metaverse will cost anywhere from $135 billion to $1.35 trillion over the next several years.</p><p>Here&#39;s why Roblox, Meta Platforms, and <a href=\"https://laohu8.com/S/MSFT\"><b>Microsoft</b></a> are my three favoritemetaverse stocks to buy right now.</p><p>1. <a href=\"https://laohu8.com/S/RBLX\"><b>Roblox</b></a></p><p>The metaverse could have a wide variety of use cases across all industries, from gaming to manufacturing. But looking at the opportunity from the entertainment side, Roblox is well-positioned to be a leader. It ended November with 49 million daily active users that can access the platform from PCs with virtual reality equipment, game consoles, and mobile devices.</p><p>Roblox makes money from a virtual currency (Robux) that is used to access new experiences and buy virtual items for personal avatars. Revenue more than doubled in the third quarter, with daily active users up 31%.</p><p>Roblox is not just about games for kids, either. Music artists are hosting live virtual concerts to connect with fans and raise awareness for new albums. <b>Netflix</b> launched an experience on the platform based on the hit show<i>Stranger Things</i>. Toward the end of last year, <b>Nike</b> unveiled Nikeland, with virtual tennis and basketball courts and other activities for users to spend time with.</p><p>Brands&#39; interest in investing in new experiences on Roblox is a great sign for the stickiness of the platform. Investments by big brands are increasing its appeal and positioning Roblox to continue growing its base of users. Management&#39;s goal is to reach billions of users. Against this long runway of growth, the recent dip in the share price looks like a good buying opportunity.</p><p>2. <a href=\"https://laohu8.com/S/FB\"><b>Meta Platforms</b></a></p><p>With 2.9 billion monthly active users on Facebook, Meta Platforms is a no-brainer metaverse stock. It&#39;s got a war chest of cash to spend on consumer products, such as Oculus virtual reality products, not to mention data centers and other necessary infrastructure to bring its metaverse ambitions to life.</p><p>Facebook has spent approximately $21 billion on data centers over the last decade to build a total of 18 in the U.S. and internationally, according to Goldman Sachs. It has plans to build as many as 70 more buildings.</p><p>Combine that with the company&#39;s move to split its financial reporting into two segments -- Family of Apps (social media) and Facebook Reality Labs (metaverse) -- and you can see how seriously CEO Mark Zuckerberg is taking this opportunity.</p><p>Meta Platforms is still putting up solid revenue and earnings growth, and thesocial media leader looks undervaluedat a forward price-to-earnings (P/E) ratio of 21.</p><p>3. <a href=\"https://laohu8.com/S/MSFT\"><b>Microsoft</b></a></p><p>Microsoft is another reasonably valued tech stock that is well positioned to benefit from the development of Web 3.0. With its growing Xbox gaming business, the company&#39;s investments in cloud infrastructure with Microsoft Azure, and the development of the HoloLens mixed-reality headset, the software giant has all the pieces in place to capitalize on this opportunity.</p><p>HoloLens has been in development for many years. It is a headset with transparent glasses that lets the user see 3D objects in real space. It&#39;s not a consumer product, but is designed for businesses using 3D design as part of the manufacturing process. Elsewhere, Microsoft has plans to turn its Teams video conferencing app into a virtual experience using virtual reality and augmented reality goggles.</p><p>Of course, gaming will be a natural extension of the metaverse. Microsoft already has a potentially valuable gaming property that behaves like a metaverse in<i>Minecraft</i>. Plus, if the pendingacquisition of <b>Activision Blizzard</b> is approved by regulators, it will significantly expand Xbox Game Studios&#39; programming talent to build the 3D environments that defines the metaverse -- something the talented folks at Blizzard are pretty good at.</p><p>Microsoft trades at a forward P/E of 32, which looks attractive against expectations for double-digit growth across its business over the next several years.</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>3 Metaverse Stocks to Buy 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 Metaverse Stocks to Buy Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-29 13:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/28/3-metaverse-stocks-to-buy-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With last year's direct listing of Roblox and Facebook's name change to Meta Platforms, the metaverse took a few more steps into the limelight. The growing trend is emerging as a real investment ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/28/3-metaverse-stocks-to-buy-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","RBLX":"Roblox Corporation"},"source_url":"https://www.fool.com/investing/2022/01/28/3-metaverse-stocks-to-buy-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126756363","content_text":"With last year's direct listing of Roblox and Facebook's name change to Meta Platforms, the metaverse took a few more steps into the limelight. The growing trend is emerging as a real investment opportunity that every investor needs to pay attention to.The metaverse is viewed as the next step of the internet, or Web 3.0. Where Web 2.0 saw the rise of mobile computing and social media platforms, Web 3.0 will see the emergence of virtual experiences, such as virtual sporting events, meeting rooms, and other immersive experiences where people communicate, play, and work. Many industries could benefit from this new technology.Goldman Sachs estimates the development of the metaverse will cost anywhere from $135 billion to $1.35 trillion over the next several years.Here's why Roblox, Meta Platforms, and Microsoft are my three favoritemetaverse stocks to buy right now.1. RobloxThe metaverse could have a wide variety of use cases across all industries, from gaming to manufacturing. But looking at the opportunity from the entertainment side, Roblox is well-positioned to be a leader. It ended November with 49 million daily active users that can access the platform from PCs with virtual reality equipment, game consoles, and mobile devices.Roblox makes money from a virtual currency (Robux) that is used to access new experiences and buy virtual items for personal avatars. Revenue more than doubled in the third quarter, with daily active users up 31%.Roblox is not just about games for kids, either. Music artists are hosting live virtual concerts to connect with fans and raise awareness for new albums. Netflix launched an experience on the platform based on the hit showStranger Things. Toward the end of last year, Nike unveiled Nikeland, with virtual tennis and basketball courts and other activities for users to spend time with.Brands' interest in investing in new experiences on Roblox is a great sign for the stickiness of the platform. Investments by big brands are increasing its appeal and positioning Roblox to continue growing its base of users. Management's goal is to reach billions of users. Against this long runway of growth, the recent dip in the share price looks like a good buying opportunity.2. Meta PlatformsWith 2.9 billion monthly active users on Facebook, Meta Platforms is a no-brainer metaverse stock. It's got a war chest of cash to spend on consumer products, such as Oculus virtual reality products, not to mention data centers and other necessary infrastructure to bring its metaverse ambitions to life.Facebook has spent approximately $21 billion on data centers over the last decade to build a total of 18 in the U.S. and internationally, according to Goldman Sachs. It has plans to build as many as 70 more buildings.Combine that with the company's move to split its financial reporting into two segments -- Family of Apps (social media) and Facebook Reality Labs (metaverse) -- and you can see how seriously CEO Mark Zuckerberg is taking this opportunity.Meta Platforms is still putting up solid revenue and earnings growth, and thesocial media leader looks undervaluedat a forward price-to-earnings (P/E) ratio of 21.3. MicrosoftMicrosoft is another reasonably valued tech stock that is well positioned to benefit from the development of Web 3.0. With its growing Xbox gaming business, the company's investments in cloud infrastructure with Microsoft Azure, and the development of the HoloLens mixed-reality headset, the software giant has all the pieces in place to capitalize on this opportunity.HoloLens has been in development for many years. It is a headset with transparent glasses that lets the user see 3D objects in real space. It's not a consumer product, but is designed for businesses using 3D design as part of the manufacturing process. Elsewhere, Microsoft has plans to turn its Teams video conferencing app into a virtual experience using virtual reality and augmented reality goggles.Of course, gaming will be a natural extension of the metaverse. Microsoft already has a potentially valuable gaming property that behaves like a metaverse inMinecraft. Plus, if the pendingacquisition of Activision Blizzard is approved by regulators, it will significantly expand Xbox Game Studios' programming talent to build the 3D environments that defines the metaverse -- something the talented folks at Blizzard are pretty good at.Microsoft trades at a forward P/E of 32, which looks attractive against expectations for double-digit growth across its business over the next several years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":853,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9002177920,"gmtCreate":1641952001296,"gmtModify":1676533665967,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Nice to hear&nbsp; it","listText":"Nice to hear&nbsp; it","text":"Nice to hear it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002177920","repostId":"1196657089","repostType":4,"repost":{"id":"1196657089","kind":"news","pubTimestamp":1641949312,"share":"https://ttm.financial/m/news/1196657089?lang=&edition=fundamental","pubTime":"2022-01-12 09:01","market":"us","language":"en","title":"Powell Assures Americans That Fed Will Tackle High Inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1196657089","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell pledged to do what’s necessary to contain an inflation surge and","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell pledged to do what’s necessary to contain an inflation surge and prolong the expansion, while steering clear of fresh details on the path of U.S. monetary policy.</p><p>“If we have to raise interest rates more over time, we will,” Powell told the Senate Banking Committee Tuesday under questioning at his confirmation hearing for a second term as central bank chief. “We will use our tools to get inflation back.”</p><p>Both Republicans and Democrats have expressed concern that the Fed is over-stimulating the economy with low rates and bond purchases as inflation runs far above officials’ 2% target. U.S. central bankers have been surprised by the persistence of inflation and want to lean against it this year without stalling out growth.</p><p>Prices rose 5.7% for the 12 months ending November as measured by the personal consumption expenditures price index, the Fed’s preferred benchmark.</p><p>Powell’s remarks were more guarded than those of some of his colleagues, who’ve called openly for the Fed to starting raising rates at their meeting in March. But the chair typically tries to avoid providing policy guidance in public before he’s had a chance to discuss matters with the Fed’s policy-setting committee, which next gathers Jan. 25-26.</p><p>While stressing that the Fed doesn’t prioritize its congressional mandate for price stability more than the goal for full employment, Powell said that the emphasis can shift and at the moment there was more focus on inflation.</p><p>‘Severe Threat’</p><p>“To get the kind of very strong labor market we want, with high participation, it is going to take a long expansion,” he said. “To get a long expansion we are going to need price stability. And so in a way, high inflation is a severe threat to the achievement of maximum employment.”</p><p>Meantime, Tuesday’s hearing underscored the bipartisan support Powell has for another term, starting next month. Senate Banking Committee Chair Sherrod Brown told Bloomberg he didn’t expect much change from the January 2018 vote that confirmed Powell for his first term. That count was 84-13.</p><p>President Joe Biden in November nominated Powell for a second term as chair and picked Fed Governor Lael Brainard to serve as vice chair. Brainard’s confirmation hearing is scheduled for Thursday. Biden is also expected to soon nominate three new governors to fill remaining vacancies on the board.</p><p>Financial markets took Powell’s remarks in their stride. Stocks erased losses, with the S&amp;P 500 and the Nasdaq 100 pushing higher while bonds fluctuated.</p><p>“The ongoing vagueness about the timing of the first rate hike contrasts with the avalanche of comments from other Fed directors circling March 2022,” said Thomas Costerg, senior U.S. economist at Pictet Wealth Management. “Bottom line: I have a sense Powell wants to calm things a bit and wants the market to digest quietly the last minutes -- not add fuel to the fire.”</p><p>Investors are betting the Fed will begin raising its benchmark federal funds rate in March, two years after cutting it to nearly zero at the onset of the pandemic in March 2020. A Labor Department report Friday showing the U.S. unemployment rate fell to 3.9% in December -- closing in on the 3.5% pre-pandemic low.</p><p>Fed officials in December said they would accelerate end of their asset purchase program, and forecast they would raise rates three times this year. Wall Street firms such as Goldman Sachs Group Inc. are forecasting as many as four increases.</p><p>Balance Sheet</p><p>Powell, asked about plans to shrink the Fed’s $8.77 trillion balance sheet, said at some point this year he and his colleagues will allow it to run off. His remarks follow comments from other Fed officials favoring a start to shrinking the balance sheet fairly soon after the central bank begins raising rates.</p><p>Noting that the U.S. economy was in a much stronger position than the last time the central bank shrank its balance sheet -- when it waited around two years between raising rates and allowing its holdings to run off, the chair said no decisions had been made but it would be quicker this time around.</p><p>“The balance sheet is much bigger and so the runoff can be faster. So I would say sooner and faster -- that much is clear,” he said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell Assures Americans That Fed Will Tackle High Inflation</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\">\nPowell Assures Americans That Fed Will Tackle High Inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-12 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/powell-says-fed-raise-rates-160850337.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell pledged to do what’s necessary to contain an inflation surge and prolong the expansion, while steering clear of fresh details on the path of U.S. monetary policy.“...</p>\n\n<a href=\"https://finance.yahoo.com/news/powell-says-fed-raise-rates-160850337.html\">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://finance.yahoo.com/news/powell-says-fed-raise-rates-160850337.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196657089","content_text":"Federal Reserve Chair Jerome Powell pledged to do what’s necessary to contain an inflation surge and prolong the expansion, while steering clear of fresh details on the path of U.S. monetary policy.“If we have to raise interest rates more over time, we will,” Powell told the Senate Banking Committee Tuesday under questioning at his confirmation hearing for a second term as central bank chief. “We will use our tools to get inflation back.”Both Republicans and Democrats have expressed concern that the Fed is over-stimulating the economy with low rates and bond purchases as inflation runs far above officials’ 2% target. U.S. central bankers have been surprised by the persistence of inflation and want to lean against it this year without stalling out growth.Prices rose 5.7% for the 12 months ending November as measured by the personal consumption expenditures price index, the Fed’s preferred benchmark.Powell’s remarks were more guarded than those of some of his colleagues, who’ve called openly for the Fed to starting raising rates at their meeting in March. But the chair typically tries to avoid providing policy guidance in public before he’s had a chance to discuss matters with the Fed’s policy-setting committee, which next gathers Jan. 25-26.While stressing that the Fed doesn’t prioritize its congressional mandate for price stability more than the goal for full employment, Powell said that the emphasis can shift and at the moment there was more focus on inflation.‘Severe Threat’“To get the kind of very strong labor market we want, with high participation, it is going to take a long expansion,” he said. “To get a long expansion we are going to need price stability. And so in a way, high inflation is a severe threat to the achievement of maximum employment.”Meantime, Tuesday’s hearing underscored the bipartisan support Powell has for another term, starting next month. Senate Banking Committee Chair Sherrod Brown told Bloomberg he didn’t expect much change from the January 2018 vote that confirmed Powell for his first term. That count was 84-13.President Joe Biden in November nominated Powell for a second term as chair and picked Fed Governor Lael Brainard to serve as vice chair. Brainard’s confirmation hearing is scheduled for Thursday. Biden is also expected to soon nominate three new governors to fill remaining vacancies on the board.Financial markets took Powell’s remarks in their stride. Stocks erased losses, with the S&P 500 and the Nasdaq 100 pushing higher while bonds fluctuated.“The ongoing vagueness about the timing of the first rate hike contrasts with the avalanche of comments from other Fed directors circling March 2022,” said Thomas Costerg, senior U.S. economist at Pictet Wealth Management. “Bottom line: I have a sense Powell wants to calm things a bit and wants the market to digest quietly the last minutes -- not add fuel to the fire.”Investors are betting the Fed will begin raising its benchmark federal funds rate in March, two years after cutting it to nearly zero at the onset of the pandemic in March 2020. A Labor Department report Friday showing the U.S. unemployment rate fell to 3.9% in December -- closing in on the 3.5% pre-pandemic low.Fed officials in December said they would accelerate end of their asset purchase program, and forecast they would raise rates three times this year. Wall Street firms such as Goldman Sachs Group Inc. are forecasting as many as four increases.Balance SheetPowell, asked about plans to shrink the Fed’s $8.77 trillion balance sheet, said at some point this year he and his colleagues will allow it to run off. His remarks follow comments from other Fed officials favoring a start to shrinking the balance sheet fairly soon after the central bank begins raising rates.Noting that the U.S. economy was in a much stronger position than the last time the central bank shrank its balance sheet -- when it waited around two years between raising rates and allowing its holdings to run off, the chair said no decisions had been made but it would be quicker this time around.“The balance sheet is much bigger and so the runoff can be faster. So I would say sooner and faster -- that much is clear,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":668,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008659107,"gmtCreate":1641435432109,"gmtModify":1676533615282,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Tarde with precaution","listText":"Tarde with precaution","text":"Tarde with precaution","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008659107","repostId":"1145850594","repostType":4,"repost":{"id":"1145850594","kind":"news","pubTimestamp":1641422572,"share":"https://ttm.financial/m/news/1145850594?lang=&edition=fundamental","pubTime":"2022-01-06 06:42","market":"us","language":"en","title":"Fed Minutes Flag Chance of Earlier Hikes, Balance-Sheet Rundown","url":"https://stock-news.laohu8.com/highlight/detail?id=1145850594","media":"Bloomberg","summary":"Report offers more details on FOMC debate over inflation pivotSome officials favor ‘significant’ run","content":"<html><head></head><body><ul><li>Report offers more details on FOMC debate over inflation pivot</li><li>Some officials favor ‘significant’ runoff of balance sheet</li></ul><p>Federal Reserve officials said a strengthening economy and higher inflation could lead to earlier and faster interest-rate increases than previously expected, with some policy makers also favoring starting to shrink the balance sheet soon after.</p><p>“Participants generally noted that, given their individual outlooks for the economy, the labor market, and inflation, it may become warranted to increase the federal funds rate sooner or at a faster pace than participants had earlier anticipated,” according to minutes published Wednesday of the Dec. 14-15 meeting of the U.S. central bank’s policy-setting Federal Open Market Committee, when it pivoted to a more aggressive inflation-fighting stance.</p><p>“Some participants also noted that it could be appropriate to begin to reduce the size of the Federal Reserve’s balance sheet relatively soon after beginning to raise the federal funds rate,” the minutes said.</p><p><img src=\"https://static.tigerbbs.com/1c0e66e6c9637acf2cba5bbb5b6f519e\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>The S&amp;P 500 stock index extended declines following the release, falling 1.9% at the close, the biggest loss since November. Yields on 10-year Treasuries rose to as high as 1.7087%, a level last seen in April, and overnight swaps markets moved to price in an 80% chance of a 25 basis-point hike at the Fed’s meeting in March.</p><p>At the conclusion of the December meeting, the FOMC announced it would wind down the Fed’s bond-buying program at a faster pace than first outlined at the previous meeting in early November, citing rising risks from inflation. The new schedule puts the central bank on track to conclude purchases in March.</p><blockquote>“The minutes showed the FOMC is coalescing around the view the economy is ready for a broad-based removal of monetary accommodation, and the omicron variant is unlikely to slow it down. We think the risk of rate liftoff at the March meeting has increased substantially, and will be watching closely Fedspeak ahead of the January meeting for further indications.”</blockquote><blockquote>-- Anna Wong, chief U.S. economist</blockquote><p>Fed officials were also unanimous in expecting they would need to begin raising rates this year, according to anonymous projections published after the meeting. That marked a shift from the previous round of forecasts in September, which had shown the FOMC at the time was evenly divided on the question.</p><p>The minutes stopped short of providing explicit guidance on the timing of liftoff following almost two years of near-zero borrowing costs.</p><p>Neil Dutta, head of U.S. economics at Renaissance Macro, took the minutes as a sign that “the Fed is on a glide path to a March rate hike.”</p><p><img src=\"https://static.tigerbbs.com/3b79c6d9533c369237fb3ca28a5d3243\" tg-width=\"1227\" tg-height=\"603\" width=\"100%\" height=\"auto\"/></p><p>“That the Fed is signaling it might be appropriate to go sooner is them giving the go-ahead for a March hike,” Dutta said. “I expect them to announce the run-off before year end.”</p><p>Fed Chair Jerome Powell, in a press conference following the December meeting, said recent inflation data informed the changes. U.S. consumer prices rose 6.8% in the 12 months through November, according to Labor Department figures, marking the fastest pace of increase in nearly four decades.</p><p>At the time of the meeting in mid-December -- before the omicron variant had surged more widely throughout the U.S. -- Fed officials generally saw the strain as adding to inflation risks, according to the minutes.</p><p><b>Omicron Impact</b></p><p>Rising housing costs and rents, more widespread wage growth and more prolonged global supply bottlenecks, “which could be exacerbated by the emergence of the Omicron variant,” fueled changes to officials’ inflation outlooks, the minutes said.</p><p>Since the meeting, omicron has spread rapidly throughout the country, disrupting airline travel and schools while also presenting challenges to restaurants and other businesses.</p><p>Fed officials received a briefing from staff members on issues related to normalization of the central bank’s $8.8 trillion balance sheet. During the last rate-hike cycle in the 2010s, the Fed waited almost two years after liftoff to begin trimming assets.</p><p>This time around, “participants judged that the appropriate timing of balance sheet runoff would likely be closer to that of policy rate liftoff than in the committee’s previous experience,” the minutes said.</p><p>In addition, “some participants judged that a significant amount of balance sheet shrinkage could be appropriate over the normalization process.”</p><p>The minutes suggest “fast and furious normalization” compared with the last round of balance-sheet runoff, said Omair Sharif, founder and president of Inflation Insights.</p><p>There are still about four million fewer Americans working than before the pandemic began. The unemployment rate fell to 4.2% in November, well below the peak of 14.8% in April 2020 but still above the 3.5% rate that prevailed in February of that year.</p><p>A Labor Department report on December employment due out Friday is expected to show employers added about 425,000 people to payrolls, while the unemployment rate fell to a new pandemic low of 4.1%, according to the median estimates of economists.</p><p>“Acknowledging that the maximum level of employment consistent with price stability may evolve over time, many participants saw the U.S. economy making rapid progress toward the committee’s maximum-employment goal,” the minutes said. “Several participants viewed labor market conditions as already largely consistent with maximum employment.”</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 Minutes Flag Chance of Earlier Hikes, Balance-Sheet Rundown</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\">\nFed Minutes Flag Chance of Earlier Hikes, Balance-Sheet Rundown\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-06 06:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/fed-minutes-flag-chance-of-earlier-hikes-balance-sheet-rundown><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Report offers more details on FOMC debate over inflation pivotSome officials favor ‘significant’ runoff of balance sheetFederal Reserve officials said a strengthening economy and higher inflation ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/fed-minutes-flag-chance-of-earlier-hikes-balance-sheet-rundown\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/fed-minutes-flag-chance-of-earlier-hikes-balance-sheet-rundown","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145850594","content_text":"Report offers more details on FOMC debate over inflation pivotSome officials favor ‘significant’ runoff of balance sheetFederal Reserve officials said a strengthening economy and higher inflation could lead to earlier and faster interest-rate increases than previously expected, with some policy makers also favoring starting to shrink the balance sheet soon after.“Participants generally noted that, given their individual outlooks for the economy, the labor market, and inflation, it may become warranted to increase the federal funds rate sooner or at a faster pace than participants had earlier anticipated,” according to minutes published Wednesday of the Dec. 14-15 meeting of the U.S. central bank’s policy-setting Federal Open Market Committee, when it pivoted to a more aggressive inflation-fighting stance.“Some participants also noted that it could be appropriate to begin to reduce the size of the Federal Reserve’s balance sheet relatively soon after beginning to raise the federal funds rate,” the minutes said.The S&P 500 stock index extended declines following the release, falling 1.9% at the close, the biggest loss since November. Yields on 10-year Treasuries rose to as high as 1.7087%, a level last seen in April, and overnight swaps markets moved to price in an 80% chance of a 25 basis-point hike at the Fed’s meeting in March.At the conclusion of the December meeting, the FOMC announced it would wind down the Fed’s bond-buying program at a faster pace than first outlined at the previous meeting in early November, citing rising risks from inflation. The new schedule puts the central bank on track to conclude purchases in March.“The minutes showed the FOMC is coalescing around the view the economy is ready for a broad-based removal of monetary accommodation, and the omicron variant is unlikely to slow it down. We think the risk of rate liftoff at the March meeting has increased substantially, and will be watching closely Fedspeak ahead of the January meeting for further indications.”-- Anna Wong, chief U.S. economistFed officials were also unanimous in expecting they would need to begin raising rates this year, according to anonymous projections published after the meeting. That marked a shift from the previous round of forecasts in September, which had shown the FOMC at the time was evenly divided on the question.The minutes stopped short of providing explicit guidance on the timing of liftoff following almost two years of near-zero borrowing costs.Neil Dutta, head of U.S. economics at Renaissance Macro, took the minutes as a sign that “the Fed is on a glide path to a March rate hike.”“That the Fed is signaling it might be appropriate to go sooner is them giving the go-ahead for a March hike,” Dutta said. “I expect them to announce the run-off before year end.”Fed Chair Jerome Powell, in a press conference following the December meeting, said recent inflation data informed the changes. U.S. consumer prices rose 6.8% in the 12 months through November, according to Labor Department figures, marking the fastest pace of increase in nearly four decades.At the time of the meeting in mid-December -- before the omicron variant had surged more widely throughout the U.S. -- Fed officials generally saw the strain as adding to inflation risks, according to the minutes.Omicron ImpactRising housing costs and rents, more widespread wage growth and more prolonged global supply bottlenecks, “which could be exacerbated by the emergence of the Omicron variant,” fueled changes to officials’ inflation outlooks, the minutes said.Since the meeting, omicron has spread rapidly throughout the country, disrupting airline travel and schools while also presenting challenges to restaurants and other businesses.Fed officials received a briefing from staff members on issues related to normalization of the central bank’s $8.8 trillion balance sheet. During the last rate-hike cycle in the 2010s, the Fed waited almost two years after liftoff to begin trimming assets.This time around, “participants judged that the appropriate timing of balance sheet runoff would likely be closer to that of policy rate liftoff than in the committee’s previous experience,” the minutes said.In addition, “some participants judged that a significant amount of balance sheet shrinkage could be appropriate over the normalization process.”The minutes suggest “fast and furious normalization” compared with the last round of balance-sheet runoff, said Omair Sharif, founder and president of Inflation Insights.There are still about four million fewer Americans working than before the pandemic began. The unemployment rate fell to 4.2% in November, well below the peak of 14.8% in April 2020 but still above the 3.5% rate that prevailed in February of that year.A Labor Department report on December employment due out Friday is expected to show employers added about 425,000 people to payrolls, while the unemployment rate fell to a new pandemic low of 4.1%, according to the median estimates of economists.“Acknowledging that the maximum level of employment consistent with price stability may evolve over time, many participants saw the U.S. economy making rapid progress toward the committee’s maximum-employment goal,” the minutes said. “Several participants viewed labor market conditions as already largely consistent with maximum employment.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008398077,"gmtCreate":1641354342612,"gmtModify":1676533605317,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Trade with caution","listText":"Trade with caution","text":"Trade with caution","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008398077","repostId":"1165855346","repostType":4,"repost":{"id":"1165855346","kind":"news","pubTimestamp":1641351082,"share":"https://ttm.financial/m/news/1165855346?lang=&edition=fundamental","pubTime":"2022-01-05 10:51","market":"us","language":"en","title":"Jerome Powell’s Confirmation Hearing for Second Term Set for Jan. 11","url":"https://stock-news.laohu8.com/highlight/detail?id=1165855346","media":"Bloomberg","summary":"Powell’s hearing set for Jan. 11, Brainard’s on Jan. 13President Biden still has three seats to fill","content":"<html><head></head><body><ul><li>Powell’s hearing set for Jan. 11, Brainard’s on Jan. 13</li><li>President Biden still has three seats to fill on Fed board</li></ul><p>The Senate Banking Committee will hold separate hearings next week for Jerome Powell on his nomination to a second term as Federal Reserve chair and for Lael Brainard’s elevation to vice chair.</p><p>Powell will appear by himself before the committee on Jan. 11 at 10 a.m. in Washington, the committee said in a notice on its website Tuesday. Brainard, currently a Fed governor, will testify two days later alongside Sandra Thompson, the White House nominee to head the Federal Housing Finance Agency.</p><p>President Joe Biden has three more seats to fill on the board, including a new vice chair for supervision. Those picks, along with Powell and Brainard’s four-year terms for their slots, are all subject to approval by the full Senate.</p><p>Bloomberg News reported Monday that the White House is likely to nominate economist Philip Jefferson for a seat on the Fed’s Board of Governors, according to people familiar with the matter, an appointment that would make him just the fourth Black man to hold the position in the central bank’s more than 100-year history.</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>Jerome Powell’s Confirmation Hearing for Second Term Set for Jan. 11</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\">\nJerome Powell’s Confirmation Hearing for Second Term Set for Jan. 11\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 10:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-04/powell-s-confirmation-hearing-for-second-term-set-for-jan-11?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Powell’s hearing set for Jan. 11, Brainard’s on Jan. 13President Biden still has three seats to fill on Fed boardThe Senate Banking Committee will hold separate hearings next week for Jerome Powell on...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-04/powell-s-confirmation-hearing-for-second-term-set-for-jan-11?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-04/powell-s-confirmation-hearing-for-second-term-set-for-jan-11?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165855346","content_text":"Powell’s hearing set for Jan. 11, Brainard’s on Jan. 13President Biden still has three seats to fill on Fed boardThe Senate Banking Committee will hold separate hearings next week for Jerome Powell on his nomination to a second term as Federal Reserve chair and for Lael Brainard’s elevation to vice chair.Powell will appear by himself before the committee on Jan. 11 at 10 a.m. in Washington, the committee said in a notice on its website Tuesday. Brainard, currently a Fed governor, will testify two days later alongside Sandra Thompson, the White House nominee to head the Federal Housing Finance Agency.President Joe Biden has three more seats to fill on the board, including a new vice chair for supervision. Those picks, along with Powell and Brainard’s four-year terms for their slots, are all subject to approval by the full Senate.Bloomberg News reported Monday that the White House is likely to nominate economist Philip Jefferson for a seat on the Fed’s Board of Governors, according to people familiar with the matter, an appointment that would make him just the fourth Black man to hold the position in the central bank’s more than 100-year history.","news_type":1},"isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863358413,"gmtCreate":1632360413732,"gmtModify":1676530762179,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Thanks for update","listText":"Thanks for update","text":"Thanks for update","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863358413","repostId":"1140447724","repostType":2,"repost":{"id":"1140447724","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632354999,"share":"https://ttm.financial/m/news/1140447724?lang=&edition=fundamental","pubTime":"2021-09-23 07:56","market":"us","language":"zh","title":"昨夜今晨：美联储Taper将至未至！标普终结四连阴","url":"https://stock-news.laohu8.com/highlight/detail?id=1140447724","media":"老虎资讯综合","summary":"摘要：①美股上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策，道琼斯指数收盘涨1%，结束了连续四天的下跌；②热门中概股周三收盘普涨，高途飙升逾26%；③两大原油期货大涨，供应短缺","content":"<blockquote>\n 摘要：①美股上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策，道琼斯指数收盘涨1%，结束了连续四天的下跌；②热门中概股周三收盘普涨，高途飙升逾26%；③两大原油期货大涨，供应短缺胜过一切。\n</blockquote>\n<p><b>推荐阅读：</b></p>\n<p><a href=\"https://laohu8.com/NW/2169650319\" target=\"_blank\">鲍威尔9月记者会：最早11月宣布taper，不需要超强就业就能满足开启标准</a></p>\n<p>海外市场</p>\n<p><b>1、美股“涨”声依旧、道指大涨逾330点</b></p>\n<p>美国股市上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策。</p>\n<p>道琼斯指数收盘涨1%，结束了连续四天的下跌。道琼斯指数当天早些时候一度跃升520点。标普500指数上涨1%，能源类股上涨3.2%，也是五个交易日以来首次上涨。纳斯达克综合指数上涨1%，报14896.85点。</p>\n<p><b>2、热门中概股周三收盘普涨 <a href=\"https://laohu8.com/S/GOTU\">高途</a>飙升逾26%</b></p>\n<p>热门中概股周三收盘普涨，教育股走高，高途飙升逾26%，此前公布的财报显示Q2营收同比增长35.3%，正价课付费人次同比增长4.1%。</p>\n<p><a href=\"https://laohu8.com/S/WIMI\">微美全息</a>涨超19%，比特数字涨超11%，<a href=\"https://laohu8.com/S/LITB\">兰亭集势</a>涨超10%，<a href=\"https://laohu8.com/S/DUO\">房多多</a>涨超9%，瑞幸粉单涨超7%，人人公司涨近7%，<a href=\"https://laohu8.com/S/DOYU\">斗鱼</a>、一起教育涨超6%。</p>\n<p><b>3、欧洲股市周三全线收涨 英国博彩公司大涨6.2%</b></p>\n<p>欧洲股市周三全面上涨，其中旅游休闲股指数跳升至14周高点。泛欧斯托克600指数收盘上涨4.45点，涨幅0.97%，报463.13点。</p>\n<p><b>4、两大原油期货大涨 供应短缺胜过一切</b></p>\n<p>根据<a href=\"https://laohu8.com/S/USEG\">美国能源</a>信息署周三的一份报告，美国原油库存连续第七周下降至约4.14 亿桶，美国原油库存下滑至2018年10月以来的最低水平。由于预计需求将增加，全球能源紧缩，周三油价上涨。截至收盘，美国WTI原油10月期货上涨146美分，涨幅2.07%，报71.95美元/桶；布伦特11月期货收涨155美分，涨幅2.08%，报75.91美元/桶。</p>\n<p><b>5、鲍威尔一席话引发黄金“高台大跳水”</b></p>\n<p>随着美联储主席鲍威尔谈到“逐步”缩减购债规模，同时市场淡化<a href=\"https://laohu8.com/S/03333\">中国恒大</a>对美国市场的传染效应，黄金市场回吐了早些时候的涨势，转而下跌。美市尾盘，现货黄金收报1768.14美元/盎司，下跌6.17美元或0.34%，美联储利率决议公布后一度触及1787.19美元/盎司高点，但随后很快大幅回落近23美元至1764.54美元/盎司低点。</p>\n<p>国际宏观</p>\n<p><b>1、美联储按兵不动 称可能很快就会放慢购债步伐 加息预期提前</b></p>\n<p>美联储当地时间周三将基准利率维持在近零水平，但表示加息可能会比预期早一点，同时大幅下调了美国今年的经济增长预期，并称可能很快就会放慢购买债券的步伐。</p>\n<p><b>2、鲍威尔发布会要点总结：渐进式减码或在明年中左右完成 将修改联储高官交易规则</b></p>\n<p>美联储主席鲍威尔在周三利率决议后的发布会上表示，如果经济继续取得进展，可能很快就会保障美联储开始缩减购债，渐进地减码购债将在2022年年中左右完成。但减码的时机对加息没有直接信号意义。鲍威尔还承诺，在美联储联储官员“炒股风波”后将对官员的金融交易规则“做出改变”。</p>\n<p><b>3、美国联邦公开市场委员会9月22日会议声明全文</b></p>\n<p>伴随疫苗接种取得进展和强有力的政策支持，经济活动和就业指标继续走强。受疫情不利影响最重的部门近几个月已出现好转，但新冠病例的增加导致它们复苏放缓。通货膨胀率高企，主要反映了暂时性因素。整体金融状况依然宽松，部分反映了支持经济及促进信贷流向美国居民和企业的政策措施的影响。</p>\n<p><b>4、美联储主席鲍威尔称减码或于11月启动 2022年中收官</b></p>\n<p>美联储主席杰罗姆·鲍威尔表示可能最早11月开始缩减资产购买规模，到2022年中完成这个过程。美联储官员此前透露越来越倾向于在2022年开始加息。</p>\n<p>鲍威尔在周三美联储政策会议结束后的新闻发布会上表示，“可能最早在下一次会议上宣布”减码。</p>\n<p><b>5、美国财长耶伦据悉向华尔街高管求助解决债务上限问题</b></p>\n<p>据知情人士透露，美国财政部长珍妮特·耶伦最近几天致电华尔街前几大金融公司的首席执行官，希望他们帮忙向共和党人施压，迫使后者支持提高或暂停债务上限。</p>\n<p>不愿具名讨论非公开信息的知情人士称，耶伦接触了<a href=\"https://laohu8.com/S/JPM\">摩根大通</a>的Jamie Dimon、<a href=\"https://laohu8.com/S/C\">花旗</a>的Jane Fraser、<a href=\"https://laohu8.com/S/WFC\">富国银行</a>的Charlie Scharf、<a href=\"https://laohu8.com/S/BAC\">美国银行</a>的Brian Moynihan及<a href=\"https://laohu8.com/S/GS\">高盛</a>一名高管。</p>\n<p><b>6、对冲基金表现强于大盘 大跌期间加大空头押注</b></p>\n<p>在最近的股市大跌期间，有一类投资者春风得意，这就是既能做多也能做空的对冲基金。尽管MSCI全球指数势创近一年来的最大单月跌幅，多空策略对冲基金仍表现出色。根据高盛集团主经纪商汇总的数据，截至周一 ，基于企业基本面选股的基金下跌了1％，而使用计算机模型下注的基金上涨了3％。同期基准指数下跌3％。</p>\n<p><b>7、美国政府停摆和债务上限问题日益紧迫 民主党仍有后备杀手锏</b></p>\n<p>美国民主党正在推进的旨在避免政府停摆和联邦违约的策略几乎注定要失败，从而提高了金融市场遭遇冲击的可能性，不过美国议员在市场压力下料最终将采取行动。虽然众议院周二晚间通过了一项议案，让联邦政府在9月30日财政年度结束后仍能获得运作资金，并将债务上限暂停一年以上，但共和党的反对意味着它肯定会在参议院失败。</p>\n<p>市场观点</p>\n<p><b>1、分析师：鲍威尔讲话意外鹰派 联储或从12月开始减码</b></p>\n<p>财经网站Forexlive分析师Adam Button就美联储利率决议和鲍威尔新闻发布会发表评论称，美联储主席鲍威尔表示“到2022年年中左右逐步结束购债可能是合适的。”这意味着美联储将从12月左右开始缩减200亿美元购债。Button表示，这是迄今为止市场接收到的最强有力的指引，而且这是一个鹰派的意外，鲍威尔会在必要之前就这一点提供一些明确的指导意见。</p>\n<p><b>2、CFRA Research：美联储声明暗示或更快速度加息 比预期强硬</b></p>\n<p>独立投资研究机构CFRA Research就美联储利率决议发表评论称，美联储在声明中暗示，可能会以比预期更快的速度加息。这种言辞可能比许多人预期的要强硬一些，基本上承认如果经济像我们所看到的那样继续增长，就有理由缩减购债规模。</p>\n<p><b>3、分析师：鲍威尔言论比FOMC声明更强硬也更明确</b></p>\n<p>分析师Sebastian Boyd就美联储利率决议和鲍威尔新闻发布会发表评论称，鲍威尔说其设想在明年年中逐步结束缩债。考虑到缩债最早可能在11月开始，这听起来并没有很“逐步”，也显然表明美联储提早了缩债开始的日期。</p>\n<p><b>4、</b><a href=\"https://laohu8.com/NW/2169856650\" target=\"_blank\"><b>美股牛市遭遇“担忧之墙” 标普离回调10%还远吗</b></a></p>\n<p>标普500指数自去年11月以来从未连续两个月下跌，这个历史第四长的纪录正在面临终结的风险。疫情未见拐点、美联储政策转向、财政刺激法案缩水、增税和债务上限等风险因素纷至沓来，令市场避险情绪快速升温。</p>\n<p>LPL Financial首席市场策略师德特里克结合历史数据指出，今年美股年内创历史新高次数已经创下了1995年以来之最，同时市场并没有出现像样的调整。上一次标普500指数修正5%发生在去年10月，考虑到1928年以来股指每年平均至少会出现2~3次这样幅度的回调，现在的情况并不寻常。另一方面，市场分化也在加剧，标普成份股中刷新52周低点的股票已经超过了突破新高股票的数量，风险释放似乎尚未完成。</p>\n<p><b>5、</b><a href=\"https://laohu8.com/NW/2169657023\" target=\"_blank\"><b>美国《外交》杂志：经济制裁暴露并加速美国的衰落</b></a></p>\n<p>据美国《外交》杂志（9—10月）双月刊发文称，过去10年间，经济制裁已成为美国几乎所有外交问题的首选解决方案，然而，经济制裁的效果并不明显。事实上，经济制裁暴露出美国的衰落，并加速了美国的衰落。</p>\n<p><b>6、</b><a href=\"https://laohu8.com/NW/2169657326\" target=\"_blank\"><b>穆迪：美债务违约将引发堪比大萧条时期的经济衰退</b></a></p>\n<p>美国总统拜登在试图阐述美国经济观点时，经常引用穆迪(Moody's)的研究。</p>\n<p>他应该利用穆迪首席经济学家马克·赞迪(Mark Zandi)的最新言论，强调两党政界人士就尽快达成债务上限协议的必要性所提出的任何观点。</p>\n<p><b>7、</b><a href=\"https://laohu8.com/NW/2169654284\" target=\"_blank\"><b>杰米·戴蒙警告投资者：美联储或在明年被迫采取大幅政策行动</b></a></p>\n<p>摩根大通首席执行官杰米-戴蒙警告投资者，尽管美联储竭力安抚市场对通胀和利率的担忧，但明年仍可能被迫采取大幅政策行动。美联储主席鲍威尔在杰克逊霍尔年会上已经暗示，央行将在今年年底前开始缩减货币刺激措施，他将于周三决议之后的新闻发布会上给出更多细节。届时，美联储还将公布其备受瞩目的通胀和利率预测。</p>\n<p>公司新闻</p>\n<p><b>1、</b><a href=\"https://laohu8.com/NW/2169668503\" target=\"_blank\"><b>Facebook首席技术官将离职 硬件部门负责人接任</b></a></p>\n<p>Facebook首席技术官Mike Schroepfer周三宣布将离职。到2022年，现任硬件部门Facebook Reality Labs负责人Andrew Bosworth将接替该职位。</p>\n<p>根据Facebook提交的文件，Schroepfer在周一通知Facebook，他打算辞去首席技术官一职。</p>\n<p><b>2、</b><a href=\"https://laohu8.com/NW/2169365760\" target=\"_blank\"><b>微软秋季发布会：Surface Pro 8配备雷电4接口 旗舰Laptop Studio支持三种形态</b></a></p>\n<p>当地时间周三，微软举行秋季新品发布会，在十月推送Windows 11系统前对Surface Pro等一系列产品线进行升级，包括了四款Surface电脑和最新款的折叠式手机。</p>\n<p><b>3、</b><a href=\"https://laohu8.com/NW/2169657422\" target=\"_blank\"><b>一份新报告显示苹果已经售出20亿部iPhone</b></a></p>\n<p>根据一份新的报告，苹果已经售出20亿部iPhone。2021年，苹果公司的iPhone阵容更加多样化，该公司瞄准了各种价格档次。在iPhone 13系列发布后不久，苹果公司对某些机型进行了降价，同时停产了其他机型。</p>\n<p><b>4、</b><a href=\"https://laohu8.com/NW/2169655033\" target=\"_blank\"><b>索尼推动并购 印度最大网络娱乐平台或将诞生</b></a></p>\n<p><a href=\"https://laohu8.com/S/SONY\">索尼</a>集团印度子公司SPNI和印度最大网络电视平台ZEEL周三表示，双方已签署一项非约束性协议，两家公司将合并，打造印度最大的网络娱乐平台。ZeeL在印度拥有 18% 的收视份额，索尼则拥有8%的份额，合并后新平台的全国收视份额达到26%。这可能就是为什么 ZeeL和SPNI合并后的公司将成为印度最大网络娱乐平台的原因。</p>\n<p><b>5、</b><a href=\"https://laohu8.com/NW/1133818692\" target=\"_blank\"><b>“木头姐”趁美股大跌狂扫“便宜货” 目标Coinbase和罗宾汉</b></a></p>\n<p>方舟投资掌门人、有着“女股神”之称的凯茜·伍德以在其看好的股票下跌时“逢低买入”而闻名。在周一美股遭到大幅抛售之际，这位华尔街明星基金经理抄底了数十万股Coinbase和Robinhood股票。</p>\n<p><b>6、</b><a href=\"https://laohu8.com/NW/2169657521\" target=\"_blank\"><b>特斯拉升级Autopilot辅助驾驶软件：再也不撞警车了</b></a></p>\n<p>据报道，特斯拉宣布，已经更新了自动驾驶辅助系统Autopilot，当特斯拉汽车在夜间行驶时检测到”紧急响应车辆“的灯光，可以自动放慢车速。随着2021.24.12版本软件的更新，特斯拉在其Model 3和Model Y车主手册中添加了这一信息。</p>\n<p><b>7、</b><a href=\"https://laohu8.com/NW/2169653790\" target=\"_blank\"><b>巴西阿拉比卡咖啡今年或减产近40% 为2009年以来最低</b></a></p>\n<p>巴西是全球最大咖啡生产国，但一波又一波的霜冻和干旱导致今年巴西咖啡大幅减产。据机构预测，今年巴西阿拉比卡咖啡产量可能创12年新低。</p>\n<p>以往9月份，巴西咖啡农户将丰收的咖啡豆装满仓库，运输卡车往往需要排队等上一整天才能取到货，但今年巴西咖啡产量如此小，长长的运输队伍几乎消失了。</p>\n<p><b>8、</b><a href=\"https://laohu8.com/NW/2169668728\" target=\"_blank\"><b>餐饮软件供应商Toast上市首日大涨56%</b></a></p>\n<p>当地时间周三，餐饮软件供应商Toast成功登陆纽交所，最终收盘价较IPO价格涨56.27%，市值站上300亿美元。今年上半年Toast营收翻番至7.04亿美元，但亏损亦从去年的1.25亿美元上升至2.35亿美元。</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>昨夜今晨：美联储Taper将至未至！标普终结四连阴</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n昨夜今晨：美联储Taper将至未至！标普终结四连阴\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-09-23 07:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n 摘要：①美股上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策，道琼斯指数收盘涨1%，结束了连续四天的下跌；②热门中概股周三收盘普涨，高途飙升逾26%；③两大原油期货大涨，供应短缺胜过一切。\n</blockquote>\n<p><b>推荐阅读：</b></p>\n<p><a href=\"https://laohu8.com/NW/2169650319\" target=\"_blank\">鲍威尔9月记者会：最早11月宣布taper，不需要超强就业就能满足开启标准</a></p>\n<p>海外市场</p>\n<p><b>1、美股“涨”声依旧、道指大涨逾330点</b></p>\n<p>美国股市上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策。</p>\n<p>道琼斯指数收盘涨1%，结束了连续四天的下跌。道琼斯指数当天早些时候一度跃升520点。标普500指数上涨1%，能源类股上涨3.2%，也是五个交易日以来首次上涨。纳斯达克综合指数上涨1%，报14896.85点。</p>\n<p><b>2、热门中概股周三收盘普涨 <a href=\"https://laohu8.com/S/GOTU\">高途</a>飙升逾26%</b></p>\n<p>热门中概股周三收盘普涨，教育股走高，高途飙升逾26%，此前公布的财报显示Q2营收同比增长35.3%，正价课付费人次同比增长4.1%。</p>\n<p><a href=\"https://laohu8.com/S/WIMI\">微美全息</a>涨超19%，比特数字涨超11%，<a href=\"https://laohu8.com/S/LITB\">兰亭集势</a>涨超10%，<a href=\"https://laohu8.com/S/DUO\">房多多</a>涨超9%，瑞幸粉单涨超7%，人人公司涨近7%，<a href=\"https://laohu8.com/S/DOYU\">斗鱼</a>、一起教育涨超6%。</p>\n<p><b>3、欧洲股市周三全线收涨 英国博彩公司大涨6.2%</b></p>\n<p>欧洲股市周三全面上涨，其中旅游休闲股指数跳升至14周高点。泛欧斯托克600指数收盘上涨4.45点，涨幅0.97%，报463.13点。</p>\n<p><b>4、两大原油期货大涨 供应短缺胜过一切</b></p>\n<p>根据<a href=\"https://laohu8.com/S/USEG\">美国能源</a>信息署周三的一份报告，美国原油库存连续第七周下降至约4.14 亿桶，美国原油库存下滑至2018年10月以来的最低水平。由于预计需求将增加，全球能源紧缩，周三油价上涨。截至收盘，美国WTI原油10月期货上涨146美分，涨幅2.07%，报71.95美元/桶；布伦特11月期货收涨155美分，涨幅2.08%，报75.91美元/桶。</p>\n<p><b>5、鲍威尔一席话引发黄金“高台大跳水”</b></p>\n<p>随着美联储主席鲍威尔谈到“逐步”缩减购债规模，同时市场淡化<a href=\"https://laohu8.com/S/03333\">中国恒大</a>对美国市场的传染效应，黄金市场回吐了早些时候的涨势，转而下跌。美市尾盘，现货黄金收报1768.14美元/盎司，下跌6.17美元或0.34%，美联储利率决议公布后一度触及1787.19美元/盎司高点，但随后很快大幅回落近23美元至1764.54美元/盎司低点。</p>\n<p>国际宏观</p>\n<p><b>1、美联储按兵不动 称可能很快就会放慢购债步伐 加息预期提前</b></p>\n<p>美联储当地时间周三将基准利率维持在近零水平，但表示加息可能会比预期早一点，同时大幅下调了美国今年的经济增长预期，并称可能很快就会放慢购买债券的步伐。</p>\n<p><b>2、鲍威尔发布会要点总结：渐进式减码或在明年中左右完成 将修改联储高官交易规则</b></p>\n<p>美联储主席鲍威尔在周三利率决议后的发布会上表示，如果经济继续取得进展，可能很快就会保障美联储开始缩减购债，渐进地减码购债将在2022年年中左右完成。但减码的时机对加息没有直接信号意义。鲍威尔还承诺，在美联储联储官员“炒股风波”后将对官员的金融交易规则“做出改变”。</p>\n<p><b>3、美国联邦公开市场委员会9月22日会议声明全文</b></p>\n<p>伴随疫苗接种取得进展和强有力的政策支持，经济活动和就业指标继续走强。受疫情不利影响最重的部门近几个月已出现好转，但新冠病例的增加导致它们复苏放缓。通货膨胀率高企，主要反映了暂时性因素。整体金融状况依然宽松，部分反映了支持经济及促进信贷流向美国居民和企业的政策措施的影响。</p>\n<p><b>4、美联储主席鲍威尔称减码或于11月启动 2022年中收官</b></p>\n<p>美联储主席杰罗姆·鲍威尔表示可能最早11月开始缩减资产购买规模，到2022年中完成这个过程。美联储官员此前透露越来越倾向于在2022年开始加息。</p>\n<p>鲍威尔在周三美联储政策会议结束后的新闻发布会上表示，“可能最早在下一次会议上宣布”减码。</p>\n<p><b>5、美国财长耶伦据悉向华尔街高管求助解决债务上限问题</b></p>\n<p>据知情人士透露，美国财政部长珍妮特·耶伦最近几天致电华尔街前几大金融公司的首席执行官，希望他们帮忙向共和党人施压，迫使后者支持提高或暂停债务上限。</p>\n<p>不愿具名讨论非公开信息的知情人士称，耶伦接触了<a href=\"https://laohu8.com/S/JPM\">摩根大通</a>的Jamie Dimon、<a href=\"https://laohu8.com/S/C\">花旗</a>的Jane Fraser、<a href=\"https://laohu8.com/S/WFC\">富国银行</a>的Charlie Scharf、<a href=\"https://laohu8.com/S/BAC\">美国银行</a>的Brian Moynihan及<a href=\"https://laohu8.com/S/GS\">高盛</a>一名高管。</p>\n<p><b>6、对冲基金表现强于大盘 大跌期间加大空头押注</b></p>\n<p>在最近的股市大跌期间，有一类投资者春风得意，这就是既能做多也能做空的对冲基金。尽管MSCI全球指数势创近一年来的最大单月跌幅，多空策略对冲基金仍表现出色。根据高盛集团主经纪商汇总的数据，截至周一 ，基于企业基本面选股的基金下跌了1％，而使用计算机模型下注的基金上涨了3％。同期基准指数下跌3％。</p>\n<p><b>7、美国政府停摆和债务上限问题日益紧迫 民主党仍有后备杀手锏</b></p>\n<p>美国民主党正在推进的旨在避免政府停摆和联邦违约的策略几乎注定要失败，从而提高了金融市场遭遇冲击的可能性，不过美国议员在市场压力下料最终将采取行动。虽然众议院周二晚间通过了一项议案，让联邦政府在9月30日财政年度结束后仍能获得运作资金，并将债务上限暂停一年以上，但共和党的反对意味着它肯定会在参议院失败。</p>\n<p>市场观点</p>\n<p><b>1、分析师：鲍威尔讲话意外鹰派 联储或从12月开始减码</b></p>\n<p>财经网站Forexlive分析师Adam Button就美联储利率决议和鲍威尔新闻发布会发表评论称，美联储主席鲍威尔表示“到2022年年中左右逐步结束购债可能是合适的。”这意味着美联储将从12月左右开始缩减200亿美元购债。Button表示，这是迄今为止市场接收到的最强有力的指引，而且这是一个鹰派的意外，鲍威尔会在必要之前就这一点提供一些明确的指导意见。</p>\n<p><b>2、CFRA Research：美联储声明暗示或更快速度加息 比预期强硬</b></p>\n<p>独立投资研究机构CFRA Research就美联储利率决议发表评论称，美联储在声明中暗示，可能会以比预期更快的速度加息。这种言辞可能比许多人预期的要强硬一些，基本上承认如果经济像我们所看到的那样继续增长，就有理由缩减购债规模。</p>\n<p><b>3、分析师：鲍威尔言论比FOMC声明更强硬也更明确</b></p>\n<p>分析师Sebastian Boyd就美联储利率决议和鲍威尔新闻发布会发表评论称，鲍威尔说其设想在明年年中逐步结束缩债。考虑到缩债最早可能在11月开始，这听起来并没有很“逐步”，也显然表明美联储提早了缩债开始的日期。</p>\n<p><b>4、</b><a href=\"https://laohu8.com/NW/2169856650\" target=\"_blank\"><b>美股牛市遭遇“担忧之墙” 标普离回调10%还远吗</b></a></p>\n<p>标普500指数自去年11月以来从未连续两个月下跌，这个历史第四长的纪录正在面临终结的风险。疫情未见拐点、美联储政策转向、财政刺激法案缩水、增税和债务上限等风险因素纷至沓来，令市场避险情绪快速升温。</p>\n<p>LPL Financial首席市场策略师德特里克结合历史数据指出，今年美股年内创历史新高次数已经创下了1995年以来之最，同时市场并没有出现像样的调整。上一次标普500指数修正5%发生在去年10月，考虑到1928年以来股指每年平均至少会出现2~3次这样幅度的回调，现在的情况并不寻常。另一方面，市场分化也在加剧，标普成份股中刷新52周低点的股票已经超过了突破新高股票的数量，风险释放似乎尚未完成。</p>\n<p><b>5、</b><a href=\"https://laohu8.com/NW/2169657023\" target=\"_blank\"><b>美国《外交》杂志：经济制裁暴露并加速美国的衰落</b></a></p>\n<p>据美国《外交》杂志（9—10月）双月刊发文称，过去10年间，经济制裁已成为美国几乎所有外交问题的首选解决方案，然而，经济制裁的效果并不明显。事实上，经济制裁暴露出美国的衰落，并加速了美国的衰落。</p>\n<p><b>6、</b><a href=\"https://laohu8.com/NW/2169657326\" target=\"_blank\"><b>穆迪：美债务违约将引发堪比大萧条时期的经济衰退</b></a></p>\n<p>美国总统拜登在试图阐述美国经济观点时，经常引用穆迪(Moody's)的研究。</p>\n<p>他应该利用穆迪首席经济学家马克·赞迪(Mark Zandi)的最新言论，强调两党政界人士就尽快达成债务上限协议的必要性所提出的任何观点。</p>\n<p><b>7、</b><a href=\"https://laohu8.com/NW/2169654284\" target=\"_blank\"><b>杰米·戴蒙警告投资者：美联储或在明年被迫采取大幅政策行动</b></a></p>\n<p>摩根大通首席执行官杰米-戴蒙警告投资者，尽管美联储竭力安抚市场对通胀和利率的担忧，但明年仍可能被迫采取大幅政策行动。美联储主席鲍威尔在杰克逊霍尔年会上已经暗示，央行将在今年年底前开始缩减货币刺激措施，他将于周三决议之后的新闻发布会上给出更多细节。届时，美联储还将公布其备受瞩目的通胀和利率预测。</p>\n<p>公司新闻</p>\n<p><b>1、</b><a href=\"https://laohu8.com/NW/2169668503\" target=\"_blank\"><b>Facebook首席技术官将离职 硬件部门负责人接任</b></a></p>\n<p>Facebook首席技术官Mike Schroepfer周三宣布将离职。到2022年，现任硬件部门Facebook Reality Labs负责人Andrew Bosworth将接替该职位。</p>\n<p>根据Facebook提交的文件，Schroepfer在周一通知Facebook，他打算辞去首席技术官一职。</p>\n<p><b>2、</b><a href=\"https://laohu8.com/NW/2169365760\" target=\"_blank\"><b>微软秋季发布会：Surface Pro 8配备雷电4接口 旗舰Laptop Studio支持三种形态</b></a></p>\n<p>当地时间周三，微软举行秋季新品发布会，在十月推送Windows 11系统前对Surface Pro等一系列产品线进行升级，包括了四款Surface电脑和最新款的折叠式手机。</p>\n<p><b>3、</b><a href=\"https://laohu8.com/NW/2169657422\" target=\"_blank\"><b>一份新报告显示苹果已经售出20亿部iPhone</b></a></p>\n<p>根据一份新的报告，苹果已经售出20亿部iPhone。2021年，苹果公司的iPhone阵容更加多样化，该公司瞄准了各种价格档次。在iPhone 13系列发布后不久，苹果公司对某些机型进行了降价，同时停产了其他机型。</p>\n<p><b>4、</b><a href=\"https://laohu8.com/NW/2169655033\" target=\"_blank\"><b>索尼推动并购 印度最大网络娱乐平台或将诞生</b></a></p>\n<p><a href=\"https://laohu8.com/S/SONY\">索尼</a>集团印度子公司SPNI和印度最大网络电视平台ZEEL周三表示，双方已签署一项非约束性协议，两家公司将合并，打造印度最大的网络娱乐平台。ZeeL在印度拥有 18% 的收视份额，索尼则拥有8%的份额，合并后新平台的全国收视份额达到26%。这可能就是为什么 ZeeL和SPNI合并后的公司将成为印度最大网络娱乐平台的原因。</p>\n<p><b>5、</b><a href=\"https://laohu8.com/NW/1133818692\" target=\"_blank\"><b>“木头姐”趁美股大跌狂扫“便宜货” 目标Coinbase和罗宾汉</b></a></p>\n<p>方舟投资掌门人、有着“女股神”之称的凯茜·伍德以在其看好的股票下跌时“逢低买入”而闻名。在周一美股遭到大幅抛售之际，这位华尔街明星基金经理抄底了数十万股Coinbase和Robinhood股票。</p>\n<p><b>6、</b><a href=\"https://laohu8.com/NW/2169657521\" target=\"_blank\"><b>特斯拉升级Autopilot辅助驾驶软件：再也不撞警车了</b></a></p>\n<p>据报道，特斯拉宣布，已经更新了自动驾驶辅助系统Autopilot，当特斯拉汽车在夜间行驶时检测到”紧急响应车辆“的灯光，可以自动放慢车速。随着2021.24.12版本软件的更新，特斯拉在其Model 3和Model Y车主手册中添加了这一信息。</p>\n<p><b>7、</b><a href=\"https://laohu8.com/NW/2169653790\" target=\"_blank\"><b>巴西阿拉比卡咖啡今年或减产近40% 为2009年以来最低</b></a></p>\n<p>巴西是全球最大咖啡生产国，但一波又一波的霜冻和干旱导致今年巴西咖啡大幅减产。据机构预测，今年巴西阿拉比卡咖啡产量可能创12年新低。</p>\n<p>以往9月份，巴西咖啡农户将丰收的咖啡豆装满仓库，运输卡车往往需要排队等上一整天才能取到货，但今年巴西咖啡产量如此小，长长的运输队伍几乎消失了。</p>\n<p><b>8、</b><a href=\"https://laohu8.com/NW/2169668728\" target=\"_blank\"><b>餐饮软件供应商Toast上市首日大涨56%</b></a></p>\n<p>当地时间周三，餐饮软件供应商Toast成功登陆纽交所，最终收盘价较IPO价格涨56.27%，市值站上300亿美元。今年上半年Toast营收翻番至7.04亿美元，但亏损亦从去年的1.25亿美元上升至2.35亿美元。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{"161125":"标普500","513500":"标普500ETF","PSQ":"纳指反向ETF","UDOW":"道指三倍做多ETF-ProShares",".DJI":"道琼斯","SQQQ":"纳指三倍做空ETF","UPRO":"三倍做多标普500ETF",".IXIC":"NASDAQ Composite","SDOW":"道指三倍做空ETF-ProShares","SH":"标普500反向ETF","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPY":"标普500ETF","SSO":"两倍做多标普500ETF","OEX":"标普100","QLD":"纳指两倍做多ETF","IVV":"标普500指数ETF"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140447724","content_text":"摘要：①美股上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策，道琼斯指数收盘涨1%，结束了连续四天的下跌；②热门中概股周三收盘普涨，高途飙升逾26%；③两大原油期货大涨，供应短缺胜过一切。\n\n推荐阅读：\n鲍威尔9月记者会：最早11月宣布taper，不需要超强就业就能满足开启标准\n海外市场\n1、美股“涨”声依旧、道指大涨逾330点\n美国股市上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策。\n道琼斯指数收盘涨1%，结束了连续四天的下跌。道琼斯指数当天早些时候一度跃升520点。标普500指数上涨1%，能源类股上涨3.2%，也是五个交易日以来首次上涨。纳斯达克综合指数上涨1%，报14896.85点。\n2、热门中概股周三收盘普涨 高途飙升逾26%\n热门中概股周三收盘普涨，教育股走高，高途飙升逾26%，此前公布的财报显示Q2营收同比增长35.3%，正价课付费人次同比增长4.1%。\n微美全息涨超19%，比特数字涨超11%，兰亭集势涨超10%，房多多涨超9%，瑞幸粉单涨超7%，人人公司涨近7%，斗鱼、一起教育涨超6%。\n3、欧洲股市周三全线收涨 英国博彩公司大涨6.2%\n欧洲股市周三全面上涨，其中旅游休闲股指数跳升至14周高点。泛欧斯托克600指数收盘上涨4.45点，涨幅0.97%，报463.13点。\n4、两大原油期货大涨 供应短缺胜过一切\n根据美国能源信息署周三的一份报告，美国原油库存连续第七周下降至约4.14 亿桶，美国原油库存下滑至2018年10月以来的最低水平。由于预计需求将增加，全球能源紧缩，周三油价上涨。截至收盘，美国WTI原油10月期货上涨146美分，涨幅2.07%，报71.95美元/桶；布伦特11月期货收涨155美分，涨幅2.08%，报75.91美元/桶。\n5、鲍威尔一席话引发黄金“高台大跳水”\n随着美联储主席鲍威尔谈到“逐步”缩减购债规模，同时市场淡化中国恒大对美国市场的传染效应，黄金市场回吐了早些时候的涨势，转而下跌。美市尾盘，现货黄金收报1768.14美元/盎司，下跌6.17美元或0.34%，美联储利率决议公布后一度触及1787.19美元/盎司高点，但随后很快大幅回落近23美元至1764.54美元/盎司低点。\n国际宏观\n1、美联储按兵不动 称可能很快就会放慢购债步伐 加息预期提前\n美联储当地时间周三将基准利率维持在近零水平，但表示加息可能会比预期早一点，同时大幅下调了美国今年的经济增长预期，并称可能很快就会放慢购买债券的步伐。\n2、鲍威尔发布会要点总结：渐进式减码或在明年中左右完成 将修改联储高官交易规则\n美联储主席鲍威尔在周三利率决议后的发布会上表示，如果经济继续取得进展，可能很快就会保障美联储开始缩减购债，渐进地减码购债将在2022年年中左右完成。但减码的时机对加息没有直接信号意义。鲍威尔还承诺，在美联储联储官员“炒股风波”后将对官员的金融交易规则“做出改变”。\n3、美国联邦公开市场委员会9月22日会议声明全文\n伴随疫苗接种取得进展和强有力的政策支持，经济活动和就业指标继续走强。受疫情不利影响最重的部门近几个月已出现好转，但新冠病例的增加导致它们复苏放缓。通货膨胀率高企，主要反映了暂时性因素。整体金融状况依然宽松，部分反映了支持经济及促进信贷流向美国居民和企业的政策措施的影响。\n4、美联储主席鲍威尔称减码或于11月启动 2022年中收官\n美联储主席杰罗姆·鲍威尔表示可能最早11月开始缩减资产购买规模，到2022年中完成这个过程。美联储官员此前透露越来越倾向于在2022年开始加息。\n鲍威尔在周三美联储政策会议结束后的新闻发布会上表示，“可能最早在下一次会议上宣布”减码。\n5、美国财长耶伦据悉向华尔街高管求助解决债务上限问题\n据知情人士透露，美国财政部长珍妮特·耶伦最近几天致电华尔街前几大金融公司的首席执行官，希望他们帮忙向共和党人施压，迫使后者支持提高或暂停债务上限。\n不愿具名讨论非公开信息的知情人士称，耶伦接触了摩根大通的Jamie Dimon、花旗的Jane Fraser、富国银行的Charlie Scharf、美国银行的Brian Moynihan及高盛一名高管。\n6、对冲基金表现强于大盘 大跌期间加大空头押注\n在最近的股市大跌期间，有一类投资者春风得意，这就是既能做多也能做空的对冲基金。尽管MSCI全球指数势创近一年来的最大单月跌幅，多空策略对冲基金仍表现出色。根据高盛集团主经纪商汇总的数据，截至周一 ，基于企业基本面选股的基金下跌了1％，而使用计算机模型下注的基金上涨了3％。同期基准指数下跌3％。\n7、美国政府停摆和债务上限问题日益紧迫 民主党仍有后备杀手锏\n美国民主党正在推进的旨在避免政府停摆和联邦违约的策略几乎注定要失败，从而提高了金融市场遭遇冲击的可能性，不过美国议员在市场压力下料最终将采取行动。虽然众议院周二晚间通过了一项议案，让联邦政府在9月30日财政年度结束后仍能获得运作资金，并将债务上限暂停一年以上，但共和党的反对意味着它肯定会在参议院失败。\n市场观点\n1、分析师：鲍威尔讲话意外鹰派 联储或从12月开始减码\n财经网站Forexlive分析师Adam Button就美联储利率决议和鲍威尔新闻发布会发表评论称，美联储主席鲍威尔表示“到2022年年中左右逐步结束购债可能是合适的。”这意味着美联储将从12月左右开始缩减200亿美元购债。Button表示，这是迄今为止市场接收到的最强有力的指引，而且这是一个鹰派的意外，鲍威尔会在必要之前就这一点提供一些明确的指导意见。\n2、CFRA Research：美联储声明暗示或更快速度加息 比预期强硬\n独立投资研究机构CFRA Research就美联储利率决议发表评论称，美联储在声明中暗示，可能会以比预期更快的速度加息。这种言辞可能比许多人预期的要强硬一些，基本上承认如果经济像我们所看到的那样继续增长，就有理由缩减购债规模。\n3、分析师：鲍威尔言论比FOMC声明更强硬也更明确\n分析师Sebastian Boyd就美联储利率决议和鲍威尔新闻发布会发表评论称，鲍威尔说其设想在明年年中逐步结束缩债。考虑到缩债最早可能在11月开始，这听起来并没有很“逐步”，也显然表明美联储提早了缩债开始的日期。\n4、美股牛市遭遇“担忧之墙” 标普离回调10%还远吗\n标普500指数自去年11月以来从未连续两个月下跌，这个历史第四长的纪录正在面临终结的风险。疫情未见拐点、美联储政策转向、财政刺激法案缩水、增税和债务上限等风险因素纷至沓来，令市场避险情绪快速升温。\nLPL Financial首席市场策略师德特里克结合历史数据指出，今年美股年内创历史新高次数已经创下了1995年以来之最，同时市场并没有出现像样的调整。上一次标普500指数修正5%发生在去年10月，考虑到1928年以来股指每年平均至少会出现2~3次这样幅度的回调，现在的情况并不寻常。另一方面，市场分化也在加剧，标普成份股中刷新52周低点的股票已经超过了突破新高股票的数量，风险释放似乎尚未完成。\n5、美国《外交》杂志：经济制裁暴露并加速美国的衰落\n据美国《外交》杂志（9—10月）双月刊发文称，过去10年间，经济制裁已成为美国几乎所有外交问题的首选解决方案，然而，经济制裁的效果并不明显。事实上，经济制裁暴露出美国的衰落，并加速了美国的衰落。\n6、穆迪：美债务违约将引发堪比大萧条时期的经济衰退\n美国总统拜登在试图阐述美国经济观点时，经常引用穆迪(Moody's)的研究。\n他应该利用穆迪首席经济学家马克·赞迪(Mark Zandi)的最新言论，强调两党政界人士就尽快达成债务上限协议的必要性所提出的任何观点。\n7、杰米·戴蒙警告投资者：美联储或在明年被迫采取大幅政策行动\n摩根大通首席执行官杰米-戴蒙警告投资者，尽管美联储竭力安抚市场对通胀和利率的担忧，但明年仍可能被迫采取大幅政策行动。美联储主席鲍威尔在杰克逊霍尔年会上已经暗示，央行将在今年年底前开始缩减货币刺激措施，他将于周三决议之后的新闻发布会上给出更多细节。届时，美联储还将公布其备受瞩目的通胀和利率预测。\n公司新闻\n1、Facebook首席技术官将离职 硬件部门负责人接任\nFacebook首席技术官Mike Schroepfer周三宣布将离职。到2022年，现任硬件部门Facebook Reality Labs负责人Andrew Bosworth将接替该职位。\n根据Facebook提交的文件，Schroepfer在周一通知Facebook，他打算辞去首席技术官一职。\n2、微软秋季发布会：Surface Pro 8配备雷电4接口 旗舰Laptop Studio支持三种形态\n当地时间周三，微软举行秋季新品发布会，在十月推送Windows 11系统前对Surface Pro等一系列产品线进行升级，包括了四款Surface电脑和最新款的折叠式手机。\n3、一份新报告显示苹果已经售出20亿部iPhone\n根据一份新的报告，苹果已经售出20亿部iPhone。2021年，苹果公司的iPhone阵容更加多样化，该公司瞄准了各种价格档次。在iPhone 13系列发布后不久，苹果公司对某些机型进行了降价，同时停产了其他机型。\n4、索尼推动并购 印度最大网络娱乐平台或将诞生\n索尼集团印度子公司SPNI和印度最大网络电视平台ZEEL周三表示，双方已签署一项非约束性协议，两家公司将合并，打造印度最大的网络娱乐平台。ZeeL在印度拥有 18% 的收视份额，索尼则拥有8%的份额，合并后新平台的全国收视份额达到26%。这可能就是为什么 ZeeL和SPNI合并后的公司将成为印度最大网络娱乐平台的原因。\n5、“木头姐”趁美股大跌狂扫“便宜货” 目标Coinbase和罗宾汉\n方舟投资掌门人、有着“女股神”之称的凯茜·伍德以在其看好的股票下跌时“逢低买入”而闻名。在周一美股遭到大幅抛售之际，这位华尔街明星基金经理抄底了数十万股Coinbase和Robinhood股票。\n6、特斯拉升级Autopilot辅助驾驶软件：再也不撞警车了\n据报道，特斯拉宣布，已经更新了自动驾驶辅助系统Autopilot，当特斯拉汽车在夜间行驶时检测到”紧急响应车辆“的灯光，可以自动放慢车速。随着2021.24.12版本软件的更新，特斯拉在其Model 3和Model Y车主手册中添加了这一信息。\n7、巴西阿拉比卡咖啡今年或减产近40% 为2009年以来最低\n巴西是全球最大咖啡生产国，但一波又一波的霜冻和干旱导致今年巴西咖啡大幅减产。据机构预测，今年巴西阿拉比卡咖啡产量可能创12年新低。\n以往9月份，巴西咖啡农户将丰收的咖啡豆装满仓库，运输卡车往往需要排队等上一整天才能取到货，但今年巴西咖啡产量如此小，长长的运输队伍几乎消失了。\n8、餐饮软件供应商Toast上市首日大涨56%\n当地时间周三，餐饮软件供应商Toast成功登陆纽交所，最终收盘价较IPO价格涨56.27%，市值站上300亿美元。今年上半年Toast营收翻番至7.04亿美元，但亏损亦从去年的1.25亿美元上升至2.35亿美元。","news_type":1},"isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869825822,"gmtCreate":1632273857566,"gmtModify":1676530740405,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"trade with caution","listText":"trade with caution","text":"trade with caution","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/869825822","repostId":"2169324976","repostType":4,"repost":{"id":"2169324976","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1632256994,"share":"https://ttm.financial/m/news/2169324976?lang=&edition=fundamental","pubTime":"2021-09-22 04:43","market":"us","language":"en","title":"Wall Street ends near flat on cautious note ahead of Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2169324976","media":"Reuters","summary":"NEW YORK, Sept 21  - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.Trading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.Shares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta var","content":"<p>NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over&nbsp;caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.</p>\n<p>Trading was choppy, with the Dow and S&amp;P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.</p>\n<p>Shares of Walt Disney Co&nbsp;fell 4.2% and were the biggest drag on both the S&amp;P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.</p>\n<p>Investors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.</p>\n<p>Officials will reveal new projections as investors also are on alert for any timing on rate tightening.</p>\n<p>The Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&amp;P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.</p>\n<p>S&amp;P 500 industrials&nbsp;led losses among sectors.</p>\n<p>Adding to late-day bearishness, shares of American Airlines Group Inc&nbsp;and JetBlue Airways Corp&nbsp;fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.</p>\n<p>The S&amp;P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.</p>\n<p>Analysts say a breach of the index's 200-day moving average may now be in sight.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.</p>\n<p>Volume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends near flat on cautious note ahead of Fed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends near flat on cautious note ahead of Fed\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-22 04:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over&nbsp;caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.</p>\n<p>Trading was choppy, with the Dow and S&amp;P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.</p>\n<p>Shares of Walt Disney Co&nbsp;fell 4.2% and were the biggest drag on both the S&amp;P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.</p>\n<p>Investors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.</p>\n<p>Officials will reveal new projections as investors also are on alert for any timing on rate tightening.</p>\n<p>The Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&amp;P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.</p>\n<p>S&amp;P 500 industrials&nbsp;led losses among sectors.</p>\n<p>Adding to late-day bearishness, shares of American Airlines Group Inc&nbsp;and JetBlue Airways Corp&nbsp;fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.</p>\n<p>The S&amp;P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.</p>\n<p>Analysts say a breach of the index's 200-day moving average may now be in sight.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.</p>\n<p>Volume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","TQQQ":"纳指三倍做多ETF","DJX":"1/100道琼斯","SH":"标普500反向ETF","SQQQ":"纳指三倍做空ETF","IVV":"标普500指数ETF","QLD":"纳指两倍做多ETF","DOG":"道指反向ETF","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","SPY":"标普500ETF","PSQ":"纳指反向ETF","SDOW":"道指三倍做空ETF-ProShares",".DJI":"道琼斯","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite","SDS":"两倍做空标普500ETF","OEX":"标普100","DDM":"道指两倍做多ETF",".SPX":"S&P 500 Index","DXD":"道指两倍做空ETF","QID":"纳指两倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169324976","content_text":"NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.\nTrading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.\nShares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.\nInvestors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.\nOfficials will reveal new projections as investors also are on alert for any timing on rate tightening.\nThe Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.\nS&P 500 industrials led losses among sectors.\nAdding to late-day bearishness, shares of American Airlines Group Inc and JetBlue Airways Corp fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.\nThe S&P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.\nAnalysts say a breach of the index's 200-day moving average may now be in sight.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.\nThe S&P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.\nVolume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887728451,"gmtCreate":1632101310173,"gmtModify":1676530700462,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/887728451","repostId":"1102380475","repostType":4,"repost":{"id":"1102380475","kind":"news","pubTimestamp":1632099431,"share":"https://ttm.financial/m/news/1102380475?lang=&edition=fundamental","pubTime":"2021-09-20 08:57","market":"us","language":"en","title":"PayPal: Don't Underestimate This Fintech Leader","url":"https://stock-news.laohu8.com/highlight/detail?id=1102380475","media":"Seeking Alpha","summary":"Summary\n\nThere is room for multiple winners in Fintech, and PayPal is a strong leader.\nDespite the w","content":"<p><b>Summary</b></p>\n<ul>\n <li>There is room for multiple winners in Fintech, and PayPal is a strong leader.</li>\n <li>Despite the well known name, this is a dynamic and innovative company with a high growth trajectory and a large total addressable market opportunity.</li>\n <li>PayPal's robust free cash flow allows it to continually innovate and expand to meet the growing adoption of digital payments in the US and across geographies.</li>\n <li>Fintech is a powerful secular trend. PayPal will continue to benefit handsomely.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe3dc2c83929d964b1f881764459ee81\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>serg3d/iStock Editorial via Getty Images</span></p>\n<p>Fintech is a massive growing secular trend, and PayPal (PYPL) will continue to benefit. Despite its more established brand name, PayPal has a very healthy growth rate (as compared to various other fintech companies, as you can see in the chart below). And PayPal's high-cash-flow business will allow it to continually expand into new and valuable digital commerce offerings. In this report, we review the health of PayPal's business, its growth prospects, valuation, risks and then conclude with our opinion on investing.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/070d627d5d8bd5c770ab0d87ce5ec329\" tg-width=\"1097\" tg-height=\"451\" width=\"100%\" height=\"auto\"><span>image source: Our Top 10 Fintech Stocks, Secular Behemoths in the Making</span></p>\n<p><b>Overview</b></p>\n<p>PayPal Holdings (PYPL) is a digital payments company and a technology platform that enables digital and mobile payments on behalf of consumers and merchants worldwide. The company facilitates digital payments through its proprietary payment platforms, including the core PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle and Hyperwallet products and services; person-to-person (P2P) payments through PayPal, Venmo and Xoom; and offers personalized shopping experiences for consumers through the Honey Platform. The following is a snapshot of the PayPal family of brands.</p>\n<p><img src=\"https://static.tigerbbs.com/0fc9bf8e3b21be20c65361e155f4dc85\" tg-width=\"726\" tg-height=\"773\" width=\"100%\" height=\"auto\"></p>\n<p>As of 2Q21, PayPal had 403 million active accounts, including 32 million active merchant accounts, on its platform. It processed more than $1.1 trillion of total payment volume (TPV) and generated $23.8 billion in revenues in the last twelve months to June 2021 (2020 revenues were $21.5 billion). The company conducts its operations in more than 200 countries around the globe - the US and UK are its two largest geographies, accounting for 51% and 11% of its revenues.</p>\n<p><b>Compelling, Two-Sided Network</b></p>\n<p>Through a continuous focus on research and development and an aggressive approach to acquiring companies (that fit into its portfolio of offerings), PayPal has built a compelling two-sided network of end-to-end product offerings that enables it to offer a compelling value proposition to consumers and merchants alike. This is unlike most digital payments companies that cater to either the consumer or the merchant.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1662f9fa5dfac6bdb6632a876f953de8\" tg-width=\"640\" tg-height=\"354\" width=\"100%\" height=\"auto\"><span>Source: PayPal 2020 Annual Report</span></p>\n<p>Consumers use PayPal's solutions to fulfill a variety of their digital, mobile and in-store payment needs. This includes safely sending payments for online and offline purchases to merchants using a variety of funding sources (such as bank account, PayPal Cash or Cash Plus account balance, Venmo account balance, consumer credit products, debit or credit cards, or other stored value products such as coupons, gift cards and eligible credit card rewards), as well as domestic and international P2P fund transfers. Consumers in certain markets such as the US, UK, France and Germany also have access to PayPal Credit products, which they can use as potential funding source for payments at checkout. The Credit products allow the company to increase engagement with consumers and merchants on its two-sided network.</p>\n<p>Merchants, on the other hand, get access to a fully integrated omni-channel digital commerce experience. The platform powers all aspects of a merchants' digital checkout capability, and as it employs a technology and platform-agnostic approach, merchants of all sizes can easily provide digital checkout online, on mobile devices and in-store across all platforms and devices, and can securely receive payments from their customers. Merchants also benefit from other helpful tools and services such as access to credit solutions, fraud prevention and risk management solutions, proprietary protection programs against losses, and data analytics that help them attract new customers and improve sales conversions.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d87b7084febf3b390fecedb887d3333f\" tg-width=\"640\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>* Updated to reflect the most rent number of active accounts Source: Investor Day Presentation, 2021</span></p>\n<p>Having such a two-sided network brings in immense benefits to PayPal, of which the most important is the visibility that the company has over both parties in every transaction. This enables PayPal to gain critical insights into both the demand side of consumers and the supply side of merchants, and it helps PayPal cross sell a number of products and services by matching their individual needs. Further, having millions of users on both the sides of the network creates a magnetic effect of attracting even more new consumers and new merchants on the platform, making it all the more valuable. For that matter, the number of active users, both consumers and merchants, as well as the TPV on PayPal's platform have grown at a staggering pace over the years, and are expected keep up the pace of growth in the future, as we can see from the following charts.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1b880f609acbf7530fab422e4397c9c\" tg-width=\"532\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>Source: Investor Day Presentation, 2021, 2Q21 10-Q</span></p>\n<p>Worth noting, the number of payment transactions per active account has also continued to increase, showcasing the enhanced levels of customer engagement on PayPal's platform (all as a result of the platform's strong value proposition).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f460835a5508f40552c5b63b381c6087\" tg-width=\"640\" tg-height=\"247\" width=\"100%\" height=\"auto\"><span>Source: Investor Day Presentation, 2021, 2Q21 10-Q</span></p>\n<p><b>Massive TAM, Robust Growth Roadmap</b></p>\n<p>PayPal estimates that it has a massive Total Addressable Market (TAM) opportunity of ~$110 trillion in TPV, spread across a broad spectrum of service areas, including online and in-store retail, P2P, B2C, etc.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/43f9b7844b9034f442abe34658891f38\" tg-width=\"640\" tg-height=\"297\" width=\"100%\" height=\"auto\"><span>Source: Investor Day Presentation 2021</span></p>\n<p>The growth of e-commerce and the increasing merchant adoption of new modes of payments such as e-wallets, QR codes and mobile apps, have caused the use of cash to decline steadily over the past decade. This trend was further accelerated in 2020 (as we can see from the chart below) as the COVID-19 pandemic advanced digital penetration by a few years and caused an unprecedented increase in online spending. PayPal, with its technology, massive scale and brand image has been at the forefront of cashing in on this trend.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/645a580d14b3b92068f6145337974fa4\" tg-width=\"640\" tg-height=\"271\" width=\"100%\" height=\"auto\"><span>Source: Investor Day Presentation, 2021</span></p>\n<p>Looking ahead, PayPal has a number of opportunities to keep benefiting from the aforementioned secular trend and to grow in its massive market to keep its robust growth intact. Driving the longer-term growth would be the consumer super app, through which PayPal aims to offer a host of consumer services under one roof, beyond just mobile payments. To name a few, these would include basic consumer financial services such as high-yield savings, bill pay, subscription management, budgeting tool sets, and direct deposit capabilities, to name a few.; enhanced commerce facilities for merchants; as well as crypto support, subscription management, and buy now, pay later (BNPL) functionality.</p>\n<p>Venmo, PayPal's P2P payments app, which currently accounts for only under 4% of the company's total revenues, has been rapidly evolving into a multifaceted platform with the introduction of a number of new offerings such as credit card, business card, as well as share and crypto trading. Venmo primarily targets the millennial population and already has a high market share of this demographic area. As it becomes the digital wallet of the future, it has immense opportunities to monetize the new functionalities, and have a higher share in PayPal's total revenues and contribute more to the bottom line in the future. At the&nbsp;Bank of America Merrill Lynch 2021 Global Technology Conference, the company's CEO Dan Schulman pointed out:</p>\n<blockquote>\n <i>Venmo is like a nascent PayPal of like 5 or 6 years ago. If you look at a TPV annualized of Venmo and you look at the TPV of PayPal 5 or 6 years ago, they are equivalent. And the ability to monetize that user base, that growth rate is so exciting for us. I mean, we are just scratching the surface right now.</i>\n</blockquote>\n<p>Pay-in-4, PayPal's BNPL product, which lets consumers pay for any item priced between $30 and $600 in four installments in six weeks, without interest, is another offering that provides immense growth opportunities for PayPal, partly due to the sheer number of users on PayPal's platform. Since its initial launch in mid-2020, 650k merchants and 7 million consumers have taken part in more than 20 million BNPL transactions, generating ~$3.5 billion of TPV for the company.</p>\n<p>To further bolster its BNPL offering, PayPal recently&nbsp;announced the acquisition of Paidy, a pioneer of buy now, pay later in Japan, for $2.7 billion. The acquisition puts PayPal in a very strong position to capture additional market share in this evolving space, while also expanding PayPal's capabilities, distribution and relevance in the domestic payments market in Japan, the third largest ecommerce market in the world. Paidy already has over six million registered users, more than 700K merchants, and is accepted by most e-commerce sites including Amazon (AMZN), Shopify (SHOP) and Rakuten(OTCPK:RKUNY)&nbsp;in Japan.</p>\n<p>Additionally, PayPal is the first foreign payments company to 100% own domestic payments license inside China. It has already built productive relationships with financial institutions and players inside China, such as China Post, China UnionPay, some of the banks, as well as with tech companies such as Alibaba (BABA). Given the sheer volume of e-commerce in China, PayPal has an immense growth opportunity in the largest retail market in the world.</p>\n<p><b>eBay Migration a Long-Anticipated One-Off Negative Impact, Core Growth Metrics and Margins on Track</b></p>\n<p>TheeBay marketplace is exiting from the PayPal platform as it has been migrating to its own payment solutions, with Adyen as its primary payments processing partner. PayPal stopped serving theeBay marketplaces during 2Q21, and has now become just one of the payment options oneBay. While PayPal has always accounted for the impact of the loss of business fromeBay, the loss was larger than anticipated during 2Q21 (eBay had ~8 percentage point headwind on 2Q21 revenue growth). Even the outlook for the next quarter is pointing towards a deceleration in revenue growth -eBay is expected to have a meaningful 8.5 percentage point headwind to revenue growth in 3Q21.</p>\n<p>Nonetheless, the company's core growth metrics remain strong, as it raised its TPV growth outlook for 2021 to 33% to 35%, and continues to expect a robust 20% revenue growth in 2021 (despite ~7 percentage point headwind to revenue growth fromeBay). For that matter, the TPV fromeBay is now under 4% of PayPal's total TPV vs. over 17% in 2016, and is expected to fall to less than 3% by the end of the year. Given the already low volumes, any further declines in volumes, if at all, will have minimal impact on PayPal's revenues. Also worth noting,eBay has been a drag on PayPal's growth historically, as shown by the following charts.</p>\n<p><img src=\"https://static.tigerbbs.com/ea8b42f2941d4c6cf9f170d877aaf690\" tg-width=\"640\" tg-height=\"158\" width=\"100%\" height=\"auto\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9c147852657a7d8c586f539e3b8e387\" tg-width=\"640\" tg-height=\"182\" width=\"100%\" height=\"auto\"><span>Source: 2Q21 Investor Presentation</span></p>\n<p>On the margin front, migration fromeBay has had a positive impact on the operating margins, as noted by management in&nbsp;2Q21 earnings call:</p>\n<blockquote>\n <i>As eBay's contribution to our revenue declined from 22% to 13%, we've expanded our operating margin 500 basis points given the accelerated pace of migration in 2021. There is a more pronounced effect on our operating margin and earnings growth profile this year.</i>\n</blockquote>\n<p>Going forward, PayPal continues to expect flat to marginal improvements in its operating margins, as investing for growth remains its key focus area.</p>\n<blockquote>\n <i>We said this year that we expect to have flat, maybe some marginal improvement in our margins. But as we noted at our Investor Day earlier this year, our margins will go up over time, but we want to invest for growth and invest to be that leading digital company, payments company that we know we can be.</i>\n</blockquote>\n<p><b>Solid Balance Sheet, Robust Free Cash Flows</b></p>\n<p>PayPal has a solid balance sheet with $19.4 billion of cash and $8.9 billion long-term debt as of the end of 2Q21. Despite the headwinds from the loss ofeBay business, it continues to expect to generate more than $5 billion in free cash flows in 2021, and double it to $10 billion in 2025. This strong financial position allows it to not only invest incrementally to become an integrated platform in digital commerce, but also to pursue acquisitions that nicely fit into its business model. It also uses its solid cash position to return capital to shareholders in the form of share buybacks. In fact, it has returned over $10 billion in capital to shareholders since its separation fromeBay in 2015.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/43433fe061f08e884c6514d959b34751\" tg-width=\"548\" tg-height=\"288\" width=\"100%\" height=\"auto\"><span>Source: 2Q21 Investor Presentation</span></p>\n<p><b>Valuation</b></p>\n<p>PayPal currently trades at 10.5x forward sales, which we view as very reasonable as compared to its long-term high-growth opportunities.</p>\n<p>For comparison, we have compared PayPal to another attractive digital payments company, Square (SQ), as you can see in the following charts.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e8f4464b8e4a048e6f12526dd3513ef\" tg-width=\"640\" tg-height=\"667\" width=\"100%\" height=\"auto\"><span>image source: YCharts</span></p>\n<p>Both stocks are attractive, but PayPal is the more established player with higher margins (especially after the change in eBay business), higher book value and revenues and market cap.</p>\n<p>Like many tech stocks, PayPal experienced a price surge over the past eighteen months. And after relatively subdued performance in 2Q21 (due toeBay headwinds), its share price still sits below previous highs.</p>\n<p><img src=\"https://static.tigerbbs.com/74fd720d6923b0ff080aa08918900765\" tg-width=\"640\" tg-height=\"408\" width=\"100%\" height=\"auto\"></p>\n<p>Wall street analysts also have a bullish outlook on PayPal, with 87% assigning it a buy or an equivalent rating. The Street's consensus price target of $330 represents ~14% upside potential from the current price.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c5e68df4b7f8a4307c10b0f20c38723\" tg-width=\"640\" tg-height=\"198\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p>\n<p>Risks</p>\n<p><b>Competition:</b>PayPal faces fierce competition from a number of companies in the global payments industry, including established large tech conglomerates such as Google(NASDAQ:GOOG)(GOOGL), Apple (AAPL), Amazon, and Facebook (FB), as well as from digital payment tech companies like Square and Stripe (private) to name a few. Despite the competition, PayPal enjoys a strong competitive position due to its massive scale of operations focused on online payments and digital wallets, plus its strong financial profile.</p>\n<p><b>Extensive Government Regulations and Oversight:</b>Given the nature and geographic reach of PayPal's business, it is subject to complex regulatory requirements, including for banking, credit, deposit taking, cross-border and domestic money transmission, digital payments, cryptocurrency, data protection and AML. Any failure to comply with the laws and regulations may subject it to significant fines and penalties.</p>\n<p><b>Risks from Credit Products:</b>As PayPal offers various credit products to a wide range of consumers and merchants in a number of geographies, it is exposed to the risk of default. Should some of the consumers/merchants default on payment, PayPal's revenues and profits would be negatively impacted.</p>\n<p><b>Conclusion</b></p>\n<p>Fintech currently presents massive secular growth opportunities (as we wrote about in our recent report,3 Top Fintech Stocks: Secular Behemoths in the Making), and PayPal will continue to benefit. Specifically, PayPal has a powerful, high-free-cash-flow business that is growing rapidly and with a large total addressable market opportunity. It also trades at a reasonably attractive valuation as compared to its growth. As such, we've placed PayPal high on our&nbsp;watchlist&nbsp;and may add shares in the near future.</p>\n<p>If you are a growth-oriented investor, PayPal is worth considering for a spot in your prudently concentrated portfolio. As always, disciplined, goal-focused, long-term investing is a winning strategy.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PayPal: Don't Underestimate This Fintech Leader</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\">\nPayPal: Don't Underestimate This Fintech Leader\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-20 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4455985-paypal-pypl-stock-fintech-leader><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThere is room for multiple winners in Fintech, and PayPal is a strong leader.\nDespite the well known name, this is a dynamic and innovative company with a high growth trajectory and a large ...</p>\n\n<a href=\"https://seekingalpha.com/article/4455985-paypal-pypl-stock-fintech-leader\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"source_url":"https://seekingalpha.com/article/4455985-paypal-pypl-stock-fintech-leader","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102380475","content_text":"Summary\n\nThere is room for multiple winners in Fintech, and PayPal is a strong leader.\nDespite the well known name, this is a dynamic and innovative company with a high growth trajectory and a large total addressable market opportunity.\nPayPal's robust free cash flow allows it to continually innovate and expand to meet the growing adoption of digital payments in the US and across geographies.\nFintech is a powerful secular trend. PayPal will continue to benefit handsomely.\n\nserg3d/iStock Editorial via Getty Images\nFintech is a massive growing secular trend, and PayPal (PYPL) will continue to benefit. Despite its more established brand name, PayPal has a very healthy growth rate (as compared to various other fintech companies, as you can see in the chart below). And PayPal's high-cash-flow business will allow it to continually expand into new and valuable digital commerce offerings. In this report, we review the health of PayPal's business, its growth prospects, valuation, risks and then conclude with our opinion on investing.\nimage source: Our Top 10 Fintech Stocks, Secular Behemoths in the Making\nOverview\nPayPal Holdings (PYPL) is a digital payments company and a technology platform that enables digital and mobile payments on behalf of consumers and merchants worldwide. The company facilitates digital payments through its proprietary payment platforms, including the core PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle and Hyperwallet products and services; person-to-person (P2P) payments through PayPal, Venmo and Xoom; and offers personalized shopping experiences for consumers through the Honey Platform. The following is a snapshot of the PayPal family of brands.\n\nAs of 2Q21, PayPal had 403 million active accounts, including 32 million active merchant accounts, on its platform. It processed more than $1.1 trillion of total payment volume (TPV) and generated $23.8 billion in revenues in the last twelve months to June 2021 (2020 revenues were $21.5 billion). The company conducts its operations in more than 200 countries around the globe - the US and UK are its two largest geographies, accounting for 51% and 11% of its revenues.\nCompelling, Two-Sided Network\nThrough a continuous focus on research and development and an aggressive approach to acquiring companies (that fit into its portfolio of offerings), PayPal has built a compelling two-sided network of end-to-end product offerings that enables it to offer a compelling value proposition to consumers and merchants alike. This is unlike most digital payments companies that cater to either the consumer or the merchant.\nSource: PayPal 2020 Annual Report\nConsumers use PayPal's solutions to fulfill a variety of their digital, mobile and in-store payment needs. This includes safely sending payments for online and offline purchases to merchants using a variety of funding sources (such as bank account, PayPal Cash or Cash Plus account balance, Venmo account balance, consumer credit products, debit or credit cards, or other stored value products such as coupons, gift cards and eligible credit card rewards), as well as domestic and international P2P fund transfers. Consumers in certain markets such as the US, UK, France and Germany also have access to PayPal Credit products, which they can use as potential funding source for payments at checkout. The Credit products allow the company to increase engagement with consumers and merchants on its two-sided network.\nMerchants, on the other hand, get access to a fully integrated omni-channel digital commerce experience. The platform powers all aspects of a merchants' digital checkout capability, and as it employs a technology and platform-agnostic approach, merchants of all sizes can easily provide digital checkout online, on mobile devices and in-store across all platforms and devices, and can securely receive payments from their customers. Merchants also benefit from other helpful tools and services such as access to credit solutions, fraud prevention and risk management solutions, proprietary protection programs against losses, and data analytics that help them attract new customers and improve sales conversions.\n* Updated to reflect the most rent number of active accounts Source: Investor Day Presentation, 2021\nHaving such a two-sided network brings in immense benefits to PayPal, of which the most important is the visibility that the company has over both parties in every transaction. This enables PayPal to gain critical insights into both the demand side of consumers and the supply side of merchants, and it helps PayPal cross sell a number of products and services by matching their individual needs. Further, having millions of users on both the sides of the network creates a magnetic effect of attracting even more new consumers and new merchants on the platform, making it all the more valuable. For that matter, the number of active users, both consumers and merchants, as well as the TPV on PayPal's platform have grown at a staggering pace over the years, and are expected keep up the pace of growth in the future, as we can see from the following charts.\nSource: Investor Day Presentation, 2021, 2Q21 10-Q\nWorth noting, the number of payment transactions per active account has also continued to increase, showcasing the enhanced levels of customer engagement on PayPal's platform (all as a result of the platform's strong value proposition).\nSource: Investor Day Presentation, 2021, 2Q21 10-Q\nMassive TAM, Robust Growth Roadmap\nPayPal estimates that it has a massive Total Addressable Market (TAM) opportunity of ~$110 trillion in TPV, spread across a broad spectrum of service areas, including online and in-store retail, P2P, B2C, etc.\nSource: Investor Day Presentation 2021\nThe growth of e-commerce and the increasing merchant adoption of new modes of payments such as e-wallets, QR codes and mobile apps, have caused the use of cash to decline steadily over the past decade. This trend was further accelerated in 2020 (as we can see from the chart below) as the COVID-19 pandemic advanced digital penetration by a few years and caused an unprecedented increase in online spending. PayPal, with its technology, massive scale and brand image has been at the forefront of cashing in on this trend.\nSource: Investor Day Presentation, 2021\nLooking ahead, PayPal has a number of opportunities to keep benefiting from the aforementioned secular trend and to grow in its massive market to keep its robust growth intact. Driving the longer-term growth would be the consumer super app, through which PayPal aims to offer a host of consumer services under one roof, beyond just mobile payments. To name a few, these would include basic consumer financial services such as high-yield savings, bill pay, subscription management, budgeting tool sets, and direct deposit capabilities, to name a few.; enhanced commerce facilities for merchants; as well as crypto support, subscription management, and buy now, pay later (BNPL) functionality.\nVenmo, PayPal's P2P payments app, which currently accounts for only under 4% of the company's total revenues, has been rapidly evolving into a multifaceted platform with the introduction of a number of new offerings such as credit card, business card, as well as share and crypto trading. Venmo primarily targets the millennial population and already has a high market share of this demographic area. As it becomes the digital wallet of the future, it has immense opportunities to monetize the new functionalities, and have a higher share in PayPal's total revenues and contribute more to the bottom line in the future. At the Bank of America Merrill Lynch 2021 Global Technology Conference, the company's CEO Dan Schulman pointed out:\n\nVenmo is like a nascent PayPal of like 5 or 6 years ago. If you look at a TPV annualized of Venmo and you look at the TPV of PayPal 5 or 6 years ago, they are equivalent. And the ability to monetize that user base, that growth rate is so exciting for us. I mean, we are just scratching the surface right now.\n\nPay-in-4, PayPal's BNPL product, which lets consumers pay for any item priced between $30 and $600 in four installments in six weeks, without interest, is another offering that provides immense growth opportunities for PayPal, partly due to the sheer number of users on PayPal's platform. Since its initial launch in mid-2020, 650k merchants and 7 million consumers have taken part in more than 20 million BNPL transactions, generating ~$3.5 billion of TPV for the company.\nTo further bolster its BNPL offering, PayPal recently announced the acquisition of Paidy, a pioneer of buy now, pay later in Japan, for $2.7 billion. The acquisition puts PayPal in a very strong position to capture additional market share in this evolving space, while also expanding PayPal's capabilities, distribution and relevance in the domestic payments market in Japan, the third largest ecommerce market in the world. Paidy already has over six million registered users, more than 700K merchants, and is accepted by most e-commerce sites including Amazon (AMZN), Shopify (SHOP) and Rakuten(OTCPK:RKUNY) in Japan.\nAdditionally, PayPal is the first foreign payments company to 100% own domestic payments license inside China. It has already built productive relationships with financial institutions and players inside China, such as China Post, China UnionPay, some of the banks, as well as with tech companies such as Alibaba (BABA). Given the sheer volume of e-commerce in China, PayPal has an immense growth opportunity in the largest retail market in the world.\neBay Migration a Long-Anticipated One-Off Negative Impact, Core Growth Metrics and Margins on Track\nTheeBay marketplace is exiting from the PayPal platform as it has been migrating to its own payment solutions, with Adyen as its primary payments processing partner. PayPal stopped serving theeBay marketplaces during 2Q21, and has now become just one of the payment options oneBay. While PayPal has always accounted for the impact of the loss of business fromeBay, the loss was larger than anticipated during 2Q21 (eBay had ~8 percentage point headwind on 2Q21 revenue growth). Even the outlook for the next quarter is pointing towards a deceleration in revenue growth -eBay is expected to have a meaningful 8.5 percentage point headwind to revenue growth in 3Q21.\nNonetheless, the company's core growth metrics remain strong, as it raised its TPV growth outlook for 2021 to 33% to 35%, and continues to expect a robust 20% revenue growth in 2021 (despite ~7 percentage point headwind to revenue growth fromeBay). For that matter, the TPV fromeBay is now under 4% of PayPal's total TPV vs. over 17% in 2016, and is expected to fall to less than 3% by the end of the year. Given the already low volumes, any further declines in volumes, if at all, will have minimal impact on PayPal's revenues. Also worth noting,eBay has been a drag on PayPal's growth historically, as shown by the following charts.\n\nSource: 2Q21 Investor Presentation\nOn the margin front, migration fromeBay has had a positive impact on the operating margins, as noted by management in 2Q21 earnings call:\n\nAs eBay's contribution to our revenue declined from 22% to 13%, we've expanded our operating margin 500 basis points given the accelerated pace of migration in 2021. There is a more pronounced effect on our operating margin and earnings growth profile this year.\n\nGoing forward, PayPal continues to expect flat to marginal improvements in its operating margins, as investing for growth remains its key focus area.\n\nWe said this year that we expect to have flat, maybe some marginal improvement in our margins. But as we noted at our Investor Day earlier this year, our margins will go up over time, but we want to invest for growth and invest to be that leading digital company, payments company that we know we can be.\n\nSolid Balance Sheet, Robust Free Cash Flows\nPayPal has a solid balance sheet with $19.4 billion of cash and $8.9 billion long-term debt as of the end of 2Q21. Despite the headwinds from the loss ofeBay business, it continues to expect to generate more than $5 billion in free cash flows in 2021, and double it to $10 billion in 2025. This strong financial position allows it to not only invest incrementally to become an integrated platform in digital commerce, but also to pursue acquisitions that nicely fit into its business model. It also uses its solid cash position to return capital to shareholders in the form of share buybacks. In fact, it has returned over $10 billion in capital to shareholders since its separation fromeBay in 2015.\nSource: 2Q21 Investor Presentation\nValuation\nPayPal currently trades at 10.5x forward sales, which we view as very reasonable as compared to its long-term high-growth opportunities.\nFor comparison, we have compared PayPal to another attractive digital payments company, Square (SQ), as you can see in the following charts.\nimage source: YCharts\nBoth stocks are attractive, but PayPal is the more established player with higher margins (especially after the change in eBay business), higher book value and revenues and market cap.\nLike many tech stocks, PayPal experienced a price surge over the past eighteen months. And after relatively subdued performance in 2Q21 (due toeBay headwinds), its share price still sits below previous highs.\n\nWall street analysts also have a bullish outlook on PayPal, with 87% assigning it a buy or an equivalent rating. The Street's consensus price target of $330 represents ~14% upside potential from the current price.\nSource: Seeking Alpha\nRisks\nCompetition:PayPal faces fierce competition from a number of companies in the global payments industry, including established large tech conglomerates such as Google(NASDAQ:GOOG)(GOOGL), Apple (AAPL), Amazon, and Facebook (FB), as well as from digital payment tech companies like Square and Stripe (private) to name a few. Despite the competition, PayPal enjoys a strong competitive position due to its massive scale of operations focused on online payments and digital wallets, plus its strong financial profile.\nExtensive Government Regulations and Oversight:Given the nature and geographic reach of PayPal's business, it is subject to complex regulatory requirements, including for banking, credit, deposit taking, cross-border and domestic money transmission, digital payments, cryptocurrency, data protection and AML. Any failure to comply with the laws and regulations may subject it to significant fines and penalties.\nRisks from Credit Products:As PayPal offers various credit products to a wide range of consumers and merchants in a number of geographies, it is exposed to the risk of default. Should some of the consumers/merchants default on payment, PayPal's revenues and profits would be negatively impacted.\nConclusion\nFintech currently presents massive secular growth opportunities (as we wrote about in our recent report,3 Top Fintech Stocks: Secular Behemoths in the Making), and PayPal will continue to benefit. Specifically, PayPal has a powerful, high-free-cash-flow business that is growing rapidly and with a large total addressable market opportunity. It also trades at a reasonably attractive valuation as compared to its growth. As such, we've placed PayPal high on our watchlist and may add shares in the near future.\nIf you are a growth-oriented investor, PayPal is worth considering for a spot in your prudently concentrated portfolio. As always, disciplined, goal-focused, long-term investing is a winning strategy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883669315,"gmtCreate":1631238254737,"gmtModify":1676530504789,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/883669315","repostId":"2166426123","repostType":4,"repost":{"id":"2166426123","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1631228094,"share":"https://ttm.financial/m/news/2166426123?lang=&edition=fundamental","pubTime":"2021-09-10 06:54","market":"us","language":"en","title":"Wall Street ends down after jobless claims hit 18-month low","url":"https://stock-news.laohu8.com/highlight/detail?id=2166426123","media":"Reuters","summary":"Sept 9  - Wall Street ended lower on Thursday after weekly jobless claims fell to a near 18-month low, allaying fears of a slowing economic recovery, but also stoking worries the Fed could move sooner than expected to scale back its accommodative policies.The Labor Department said initial claims for state unemployment benefits dropped 35,000 to a seasonally adjusted 310,000 for the week ended Sept. 4, the lowest level since mid-March 2020. That suggested that job growth could be hindered by labo","content":"<p>* Lululemon jumps on strong earnings forecast</p>\n<p>* Amazon, Microsoft weigh on indexes</p>\n<p>Sept 9 (Reuters) - Wall Street ended lower on Thursday after weekly jobless claims fell to a near 18-month low, allaying fears of a slowing economic recovery, but also stoking worries the Fed could move sooner than expected to scale back its accommodative policies.</p>\n<p>The Labor Department said initial claims for state unemployment benefits dropped 35,000 to a seasonally adjusted 310,000 for the week ended Sept. 4, the lowest level since mid-March 2020. That suggested that job growth could be hindered by labor shortages rather than cooling demand for workers.</p>\n<p>Microsoft and Amazon each declined about 1%, both among the stocks weighing most on the S&amp;P 500 and Nasdaq.</p>\n<p>The S&amp;P 500 real estate and healthcare indexes each fell over 1% and were the poorest performers of 11 sectors, while financials, energy and materials made modest gains.</p>\n<p>JPMorgan, Wells Fargo, Citi Group and <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> each rose, tracking a slight rise in benchmark bond yields following the claims data.</p>\n<p>“The problem with the market these days is it’s rotating more than it’s moving. Today, because of the jobs claims report, everyone is buying cyclical stocks,\" said Jay Hatfield, chief executive of Infrastructure Capital Management in New York. “We see it as a rangebound market, between 4,400 and 4,600 (on the S&amp;P 500).”</p>\n<p>Investors have become more worried in recent sessions after a recent monthly jobs report showed a slowdown in U.S. hiring, suggesting the economic recovery may be losing steam faster than expected. Also dragging on sentiment has been uncertainty about when the U.S. Federal Reserve's will scale back massive measures enacted last year to shield the economy from the coronavirus pandemic.</p>\n<p>The Dow Jones Industrial Average fell 0.43% to end at 34,879.38 points, while the S&amp;P 500 lost 0.46% to 4,493.28.</p>\n<p>The Nasdaq Composite dropped 0.25% to 15,248.25.</p>\n<p>Lululemon Athletica soared 10% after providing a strong annual forecast, as demand for its yoga pants remains strong despite the easing of coronavirus restrictions.</p>\n<p>Reports that Beijing slowed down approval for all new online video games sent shares of U.S.-listed gaming stocks Activision Blizzard Inc, Electronic Art Inc, and <a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a> Inc down more than 1%.</p>\n<p>Digital Realty slid 5% after the data center REIT announced a public offering of 6.25 million shares.</p>\n<p>Volume on U.S. exchanges was 9.3 billion shares, compared with the 9.1 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.03-to-1 ratio; on Nasdaq, a 1.12-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 29 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 67 new highs and 38 new lows. </p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends down after jobless claims hit 18-month low</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends down after jobless claims hit 18-month low\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-10 06:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Lululemon jumps on strong earnings forecast</p>\n<p>* Amazon, Microsoft weigh on indexes</p>\n<p>Sept 9 (Reuters) - Wall Street ended lower on Thursday after weekly jobless claims fell to a near 18-month low, allaying fears of a slowing economic recovery, but also stoking worries the Fed could move sooner than expected to scale back its accommodative policies.</p>\n<p>The Labor Department said initial claims for state unemployment benefits dropped 35,000 to a seasonally adjusted 310,000 for the week ended Sept. 4, the lowest level since mid-March 2020. That suggested that job growth could be hindered by labor shortages rather than cooling demand for workers.</p>\n<p>Microsoft and Amazon each declined about 1%, both among the stocks weighing most on the S&amp;P 500 and Nasdaq.</p>\n<p>The S&amp;P 500 real estate and healthcare indexes each fell over 1% and were the poorest performers of 11 sectors, while financials, energy and materials made modest gains.</p>\n<p>JPMorgan, Wells Fargo, Citi Group and <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> each rose, tracking a slight rise in benchmark bond yields following the claims data.</p>\n<p>“The problem with the market these days is it’s rotating more than it’s moving. Today, because of the jobs claims report, everyone is buying cyclical stocks,\" said Jay Hatfield, chief executive of Infrastructure Capital Management in New York. “We see it as a rangebound market, between 4,400 and 4,600 (on the S&amp;P 500).”</p>\n<p>Investors have become more worried in recent sessions after a recent monthly jobs report showed a slowdown in U.S. hiring, suggesting the economic recovery may be losing steam faster than expected. Also dragging on sentiment has been uncertainty about when the U.S. Federal Reserve's will scale back massive measures enacted last year to shield the economy from the coronavirus pandemic.</p>\n<p>The Dow Jones Industrial Average fell 0.43% to end at 34,879.38 points, while the S&amp;P 500 lost 0.46% to 4,493.28.</p>\n<p>The Nasdaq Composite dropped 0.25% to 15,248.25.</p>\n<p>Lululemon Athletica soared 10% after providing a strong annual forecast, as demand for its yoga pants remains strong despite the easing of coronavirus restrictions.</p>\n<p>Reports that Beijing slowed down approval for all new online video games sent shares of U.S.-listed gaming stocks Activision Blizzard Inc, Electronic Art Inc, and <a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a> Inc down more than 1%.</p>\n<p>Digital Realty slid 5% after the data center REIT announced a public offering of 6.25 million shares.</p>\n<p>Volume on U.S. exchanges was 9.3 billion shares, compared with the 9.1 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.03-to-1 ratio; on Nasdaq, a 1.12-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 29 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 67 new highs and 38 new lows. </p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".DJI":"道琼斯","OEF":"标普100指数ETF-iShares","SDS":"两倍做空标普500ETF","AMZN":"亚马逊",".IXIC":"NASDAQ Composite","SH":"标普500反向ETF","OEX":"标普100",".SPX":"S&P 500 Index","IVV":"标普500指数ETF","LULU":"lululemon athletica","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","EA":"艺电","ATVI":"动视暴雪","SPXU":"三倍做空标普500ETF","COMP":"Compass, Inc.","MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166426123","content_text":"* Lululemon jumps on strong earnings forecast\n* Amazon, Microsoft weigh on indexes\nSept 9 (Reuters) - Wall Street ended lower on Thursday after weekly jobless claims fell to a near 18-month low, allaying fears of a slowing economic recovery, but also stoking worries the Fed could move sooner than expected to scale back its accommodative policies.\nThe Labor Department said initial claims for state unemployment benefits dropped 35,000 to a seasonally adjusted 310,000 for the week ended Sept. 4, the lowest level since mid-March 2020. That suggested that job growth could be hindered by labor shortages rather than cooling demand for workers.\nMicrosoft and Amazon each declined about 1%, both among the stocks weighing most on the S&P 500 and Nasdaq.\nThe S&P 500 real estate and healthcare indexes each fell over 1% and were the poorest performers of 11 sectors, while financials, energy and materials made modest gains.\nJPMorgan, Wells Fargo, Citi Group and Morgan Stanley each rose, tracking a slight rise in benchmark bond yields following the claims data.\n“The problem with the market these days is it’s rotating more than it’s moving. Today, because of the jobs claims report, everyone is buying cyclical stocks,\" said Jay Hatfield, chief executive of Infrastructure Capital Management in New York. “We see it as a rangebound market, between 4,400 and 4,600 (on the S&P 500).”\nInvestors have become more worried in recent sessions after a recent monthly jobs report showed a slowdown in U.S. hiring, suggesting the economic recovery may be losing steam faster than expected. Also dragging on sentiment has been uncertainty about when the U.S. Federal Reserve's will scale back massive measures enacted last year to shield the economy from the coronavirus pandemic.\nThe Dow Jones Industrial Average fell 0.43% to end at 34,879.38 points, while the S&P 500 lost 0.46% to 4,493.28.\nThe Nasdaq Composite dropped 0.25% to 15,248.25.\nLululemon Athletica soared 10% after providing a strong annual forecast, as demand for its yoga pants remains strong despite the easing of coronavirus restrictions.\nReports that Beijing slowed down approval for all new online video games sent shares of U.S.-listed gaming stocks Activision Blizzard Inc, Electronic Art Inc, and Take-Two Interactive Software Inc down more than 1%.\nDigital Realty slid 5% after the data center REIT announced a public offering of 6.25 million shares.\nVolume on U.S. exchanges was 9.3 billion shares, compared with the 9.1 billion average for the full session over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.03-to-1 ratio; on Nasdaq, a 1.12-to-1 ratio favored advancers.\nThe S&P 500 posted 29 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 67 new highs and 38 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816381996,"gmtCreate":1630467151615,"gmtModify":1676530311812,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"title":"ARA worth buying","htmlText":"ARA logistic Trust (K2LU)growth steady&nbsp;with high divided yield&nbsp;","listText":"ARA logistic Trust (K2LU)growth steady&nbsp;with high divided yield&nbsp;","text":"ARA logistic Trust (K2LU)growth steady with high divided yield","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816381996","isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816980448,"gmtCreate":1630460324584,"gmtModify":1676530309058,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Keep Apple","listText":"Keep Apple","text":"Keep Apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816980448","isVote":1,"tweetType":1,"viewCount":817,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813210525,"gmtCreate":1630204256867,"gmtModify":1676530242648,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Up up up","listText":"Up up up","text":"Up up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/813210525","repostId":"1162964424","repostType":4,"repost":{"id":"1162964424","kind":"news","pubTimestamp":1630111098,"share":"https://ttm.financial/m/news/1162964424?lang=&edition=fundamental","pubTime":"2021-08-28 08:38","market":"us","language":"en","title":"Apple Stock: How It Could Be A Great Inflation Play","url":"https://stock-news.laohu8.com/highlight/detail?id=1162964424","media":"TheStreet","summary":"Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.IPhone users thinking of upgrading their devices this year  should expect to reach deeper into their pockets. DigiTimes has reported that Apple’s iPhone 13 could be launched next month at a higher price due to parts inflation.Bad news for consumers could be great news for Apple stock investors. If the price increase is con","content":"<p>Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.</p>\n<p>IPhone users thinking of upgrading their devices this year (or those looking to switch to the iOS-based product) should expect to reach deeper into their pockets. DigiTimes has&nbsp;reported&nbsp;that Apple’s iPhone 13 could be launched next month at a higher price due to parts inflation.</p>\n<p>Bad news for consumers could be great news for Apple stock&nbsp;investors. If the price increase is confirmed, it provides evidence that AAPL might be a great inflation play during these times of worry over rising producer and consumer prices.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d6f4ac9ebc1b90072340731dc5c1e613\" tg-width=\"1240\" tg-height=\"698\" referrerpolicy=\"no-referrer\"><span>Figure 1: Apple's iPhone 12 Pro.</span></p>\n<p><b>What happened?</b></p>\n<p>The iPhone is already considered a pricey tech gadget that can cost as much as $1,400 for the fully loaded, higher-end 12 Pro Max model in the US (see figure below). Due to this year’s components shortage, chip maker TSMC may raise its part prices to Apple by 3% to 5%, which could lead to a similar increase in the price of the yet-to-be-announced iPhone 13.</p>\n<p>It is unlikely that one of the largest and most successful consumer product companies in the world would try to raise prices without confidence that doing so does not impact demand for the new iPhone substantially. Apple can probably afford to hike prices because the company understands the value and the appeal of its luxury brand.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0140b9b68bb9eb5dd7e88aaff384785d\" tg-width=\"707\" tg-height=\"370\" referrerpolicy=\"no-referrer\"><span>Figure 2: iPhone 12 Pro on Apple's store.</span></p>\n<p><b>A quote from Jim Cramer</b></p>\n<p>One of the most concerning headwinds to stocks in the foreseeable future is the possibility of inflation eroding corporate margins and leading to higher interest rates in 2021-2022. But should producer and consumer prices spike, not all stocks will be impacted equally.</p>\n<p>Generally speaking, companies with strong pricing power that are able to pass on the higher production costs to consumers will likely outperform. This is a point that&nbsp;Mad Money’s Jim Cramer has made recently. Here is his quote:</p>\n<blockquote>\n “When you try to think of what’s working in this market... I want you to ask yourself, would you be insensitive to a price increase if the company put one through? [What are] the companies that can raise prices without infuriating you? Go buy their stocks.”\n</blockquote>\n<p><b>The impact to the P&amp;L</b></p>\n<p>Are higher prices a good or a bad thing for a company’s financial performance? The answer is nuanced and depends on a few factors.</p>\n<p>Holding all else constant, higher prices also mean higher revenues (think of the formula for sales: price times quantity). If the increase in price is decoupled from an increase in product or operating costs, then the hike also helps to boost margins – thus profits as well.</p>\n<p>However, “holding all else constant” is not how the world really works. A change in price tends to have an impact on a few key variables, most important of which is demand. If higher prices do not impact units sold by much or at all, this is great news for revenues and, most likely, earnings.</p>\n<p>The other piece to consider is whether the price hike fully or only partially offsets higher costs. Assuming the latter, revenues can still benefit without a corresponding positive effect on margins and profits. The complexity presented by the many moving parts makes it hard to determine with certainty how a more expensive iPhone may impact Apple’s financial statements in the future.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: How It Could Be A Great Inflation Play</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: How It Could Be A Great Inflation Play\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-28 08:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/iphone/apple-stock-how-it-could-be-a-great-inflation-play><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.\nIPhone users thinking ...</p>\n\n<a href=\"https://www.thestreet.com/apple/iphone/apple-stock-how-it-could-be-a-great-inflation-play\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/iphone/apple-stock-how-it-could-be-a-great-inflation-play","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162964424","content_text":"Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.\nIPhone users thinking of upgrading their devices this year (or those looking to switch to the iOS-based product) should expect to reach deeper into their pockets. DigiTimes has reported that Apple’s iPhone 13 could be launched next month at a higher price due to parts inflation.\nBad news for consumers could be great news for Apple stock investors. If the price increase is confirmed, it provides evidence that AAPL might be a great inflation play during these times of worry over rising producer and consumer prices.\nFigure 1: Apple's iPhone 12 Pro.\nWhat happened?\nThe iPhone is already considered a pricey tech gadget that can cost as much as $1,400 for the fully loaded, higher-end 12 Pro Max model in the US (see figure below). Due to this year’s components shortage, chip maker TSMC may raise its part prices to Apple by 3% to 5%, which could lead to a similar increase in the price of the yet-to-be-announced iPhone 13.\nIt is unlikely that one of the largest and most successful consumer product companies in the world would try to raise prices without confidence that doing so does not impact demand for the new iPhone substantially. Apple can probably afford to hike prices because the company understands the value and the appeal of its luxury brand.\nFigure 2: iPhone 12 Pro on Apple's store.\nA quote from Jim Cramer\nOne of the most concerning headwinds to stocks in the foreseeable future is the possibility of inflation eroding corporate margins and leading to higher interest rates in 2021-2022. But should producer and consumer prices spike, not all stocks will be impacted equally.\nGenerally speaking, companies with strong pricing power that are able to pass on the higher production costs to consumers will likely outperform. This is a point that Mad Money’s Jim Cramer has made recently. Here is his quote:\n\n “When you try to think of what’s working in this market... I want you to ask yourself, would you be insensitive to a price increase if the company put one through? [What are] the companies that can raise prices without infuriating you? Go buy their stocks.”\n\nThe impact to the P&L\nAre higher prices a good or a bad thing for a company’s financial performance? The answer is nuanced and depends on a few factors.\nHolding all else constant, higher prices also mean higher revenues (think of the formula for sales: price times quantity). If the increase in price is decoupled from an increase in product or operating costs, then the hike also helps to boost margins – thus profits as well.\nHowever, “holding all else constant” is not how the world really works. A change in price tends to have an impact on a few key variables, most important of which is demand. If higher prices do not impact units sold by much or at all, this is great news for revenues and, most likely, earnings.\nThe other piece to consider is whether the price hike fully or only partially offsets higher costs. Assuming the latter, revenues can still benefit without a corresponding positive effect on margins and profits. The complexity presented by the many moving parts makes it hard to determine with certainty how a more expensive iPhone may impact Apple’s financial statements in the future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834276870,"gmtCreate":1629810928990,"gmtModify":1676530138351,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Good stock","listText":"Good stock","text":"Good stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834276870","repostId":"1192610173","repostType":2,"repost":{"id":"1192610173","kind":"news","pubTimestamp":1629809650,"share":"https://ttm.financial/m/news/1192610173?lang=&edition=fundamental","pubTime":"2021-08-24 20:54","market":"us","language":"en","title":"What Jackson Hole Could Mean For Apple Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1192610173","media":"TheStreet","summary":"In late August, the markets could be rocked by monetary policy news coming from Jackson Hole, Wyomin","content":"<p>In late August, the markets could be rocked by monetary policy news coming from Jackson Hole, Wyoming. Here is what Apple stock investors should expect.</p>\n<p>The week of August 23 will likely prove to be an important one in the markets. Starting on Thursday, central bank leaders from around the world will meet virtually to talk about monetary policy during a traditional&nbsp;event&nbsp;often referred to simply as “Jackson Hole”.</p>\n<p>Today, the Apple Maven discusses how the upcoming meeting of central bankers could impact Apple stock’s&nbsp;performance in the last few trading sessions of August.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb09ec199963ac68c7742982748bf7a0\" tg-width=\"1200\" tg-height=\"800\" width=\"100%\" height=\"auto\"><span>Figure 1: Federal Reserve Chair Jerome Powell in a screen display at NYSE.</span></p>\n<p><b>The interest rate risk</b></p>\n<p>There seems to be a consensus that Federal Reserve chairman Jerome Powell will do little to “rock the boat” this week. Easing off on monetary stimulus is widely expected to occur over the next several months, but few seem confident that Mr. Powell will announce a change in policy as early as August.</p>\n<p>Still, the risk that the Fed will start to scale back its asset purchases later this year is real. Analysts will probably dissect Jerome Powell’s keynote speech, on Friday, in search for clues on the exact timing. Comments perceived to be hawkish could send yields higher – the 10-year treasury rate is only 1.3%.</p>\n<p>If recent history can serve as a guide,climbing yields tend to be bad news&nbsp;for growth stocks. Below are the main reasons why this is the case, as previously discussed on this channel:</p>\n<blockquote>\n “First, monetary tightening is a negative for consumption, everything else held constant. Second, a higher discount rate makes Apple’s far-out financial results less valuable in present value terms.”\n</blockquote>\n<p>For instance, the 10-year rate shot up from around 1% to nearly 1.5% in February alone. Probably not a coincidence, AAPL sank 8% that same month, while the value-rich Dow index managed to reach higher.</p>\n<p><b>Brace for possible volatility</b></p>\n<p>Regardless of which way the stock market may head following the Jackson Hole symposium, volatility could rise as August comes to a close. This is the case because speculation, both on the bullish and bearish sides of the argument, tends to increase around important events like this.</p>\n<p>Volatility is both good and bad news for Apple stock. Market jitters can be uncomfortable for many investors, and some might be tempted to sell or trim their positions after a selloff. On the other hand, a possible pullback that is unrelated to the company’s fundamentals could open an opportunity to buy AAPL on weakness.</p>\n<p>This is precisely what happened in mid-June, following an important Federal Reserve meeting that the market perceived as hawkish. Those&nbsp;who bought AAPL at those levels, a move defended by the Apple Maven, saw the value of their investment rise by 14% in a matter of only about 10 weeks.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Jackson Hole Could Mean For Apple 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\">\nWhat Jackson Hole Could Mean For Apple Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 20:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/what-jackson-hole-could-mean-for-apple-stock><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In late August, the markets could be rocked by monetary policy news coming from Jackson Hole, Wyoming. Here is what Apple stock investors should expect.\nThe week of August 23 will likely prove to be ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/what-jackson-hole-could-mean-for-apple-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/news/what-jackson-hole-could-mean-for-apple-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192610173","content_text":"In late August, the markets could be rocked by monetary policy news coming from Jackson Hole, Wyoming. Here is what Apple stock investors should expect.\nThe week of August 23 will likely prove to be an important one in the markets. Starting on Thursday, central bank leaders from around the world will meet virtually to talk about monetary policy during a traditional event often referred to simply as “Jackson Hole”.\nToday, the Apple Maven discusses how the upcoming meeting of central bankers could impact Apple stock’s performance in the last few trading sessions of August.\nFigure 1: Federal Reserve Chair Jerome Powell in a screen display at NYSE.\nThe interest rate risk\nThere seems to be a consensus that Federal Reserve chairman Jerome Powell will do little to “rock the boat” this week. Easing off on monetary stimulus is widely expected to occur over the next several months, but few seem confident that Mr. Powell will announce a change in policy as early as August.\nStill, the risk that the Fed will start to scale back its asset purchases later this year is real. Analysts will probably dissect Jerome Powell’s keynote speech, on Friday, in search for clues on the exact timing. Comments perceived to be hawkish could send yields higher – the 10-year treasury rate is only 1.3%.\nIf recent history can serve as a guide,climbing yields tend to be bad news for growth stocks. Below are the main reasons why this is the case, as previously discussed on this channel:\n\n “First, monetary tightening is a negative for consumption, everything else held constant. Second, a higher discount rate makes Apple’s far-out financial results less valuable in present value terms.”\n\nFor instance, the 10-year rate shot up from around 1% to nearly 1.5% in February alone. Probably not a coincidence, AAPL sank 8% that same month, while the value-rich Dow index managed to reach higher.\nBrace for possible volatility\nRegardless of which way the stock market may head following the Jackson Hole symposium, volatility could rise as August comes to a close. This is the case because speculation, both on the bullish and bearish sides of the argument, tends to increase around important events like this.\nVolatility is both good and bad news for Apple stock. Market jitters can be uncomfortable for many investors, and some might be tempted to sell or trim their positions after a selloff. On the other hand, a possible pullback that is unrelated to the company’s fundamentals could open an opportunity to buy AAPL on weakness.\nThis is precisely what happened in mid-June, following an important Federal Reserve meeting that the market perceived as hawkish. Those who bought AAPL at those levels, a move defended by the Apple Maven, saw the value of their investment rise by 14% in a matter of only about 10 weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":883669315,"gmtCreate":1631238254737,"gmtModify":1676530504789,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/883669315","repostId":"2166426123","repostType":4,"repost":{"id":"2166426123","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1631228094,"share":"https://ttm.financial/m/news/2166426123?lang=&edition=fundamental","pubTime":"2021-09-10 06:54","market":"us","language":"en","title":"Wall Street ends down after jobless claims hit 18-month low","url":"https://stock-news.laohu8.com/highlight/detail?id=2166426123","media":"Reuters","summary":"Sept 9  - Wall Street ended lower on Thursday after weekly jobless claims fell to a near 18-month low, allaying fears of a slowing economic recovery, but also stoking worries the Fed could move sooner than expected to scale back its accommodative policies.The Labor Department said initial claims for state unemployment benefits dropped 35,000 to a seasonally adjusted 310,000 for the week ended Sept. 4, the lowest level since mid-March 2020. That suggested that job growth could be hindered by labo","content":"<p>* Lululemon jumps on strong earnings forecast</p>\n<p>* Amazon, Microsoft weigh on indexes</p>\n<p>Sept 9 (Reuters) - Wall Street ended lower on Thursday after weekly jobless claims fell to a near 18-month low, allaying fears of a slowing economic recovery, but also stoking worries the Fed could move sooner than expected to scale back its accommodative policies.</p>\n<p>The Labor Department said initial claims for state unemployment benefits dropped 35,000 to a seasonally adjusted 310,000 for the week ended Sept. 4, the lowest level since mid-March 2020. That suggested that job growth could be hindered by labor shortages rather than cooling demand for workers.</p>\n<p>Microsoft and Amazon each declined about 1%, both among the stocks weighing most on the S&amp;P 500 and Nasdaq.</p>\n<p>The S&amp;P 500 real estate and healthcare indexes each fell over 1% and were the poorest performers of 11 sectors, while financials, energy and materials made modest gains.</p>\n<p>JPMorgan, Wells Fargo, Citi Group and <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> each rose, tracking a slight rise in benchmark bond yields following the claims data.</p>\n<p>“The problem with the market these days is it’s rotating more than it’s moving. Today, because of the jobs claims report, everyone is buying cyclical stocks,\" said Jay Hatfield, chief executive of Infrastructure Capital Management in New York. “We see it as a rangebound market, between 4,400 and 4,600 (on the S&amp;P 500).”</p>\n<p>Investors have become more worried in recent sessions after a recent monthly jobs report showed a slowdown in U.S. hiring, suggesting the economic recovery may be losing steam faster than expected. Also dragging on sentiment has been uncertainty about when the U.S. Federal Reserve's will scale back massive measures enacted last year to shield the economy from the coronavirus pandemic.</p>\n<p>The Dow Jones Industrial Average fell 0.43% to end at 34,879.38 points, while the S&amp;P 500 lost 0.46% to 4,493.28.</p>\n<p>The Nasdaq Composite dropped 0.25% to 15,248.25.</p>\n<p>Lululemon Athletica soared 10% after providing a strong annual forecast, as demand for its yoga pants remains strong despite the easing of coronavirus restrictions.</p>\n<p>Reports that Beijing slowed down approval for all new online video games sent shares of U.S.-listed gaming stocks Activision Blizzard Inc, Electronic Art Inc, and <a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a> Inc down more than 1%.</p>\n<p>Digital Realty slid 5% after the data center REIT announced a public offering of 6.25 million shares.</p>\n<p>Volume on U.S. exchanges was 9.3 billion shares, compared with the 9.1 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.03-to-1 ratio; on Nasdaq, a 1.12-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 29 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 67 new highs and 38 new lows. </p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends down after jobless claims hit 18-month low</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends down after jobless claims hit 18-month low\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-10 06:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Lululemon jumps on strong earnings forecast</p>\n<p>* Amazon, Microsoft weigh on indexes</p>\n<p>Sept 9 (Reuters) - Wall Street ended lower on Thursday after weekly jobless claims fell to a near 18-month low, allaying fears of a slowing economic recovery, but also stoking worries the Fed could move sooner than expected to scale back its accommodative policies.</p>\n<p>The Labor Department said initial claims for state unemployment benefits dropped 35,000 to a seasonally adjusted 310,000 for the week ended Sept. 4, the lowest level since mid-March 2020. That suggested that job growth could be hindered by labor shortages rather than cooling demand for workers.</p>\n<p>Microsoft and Amazon each declined about 1%, both among the stocks weighing most on the S&amp;P 500 and Nasdaq.</p>\n<p>The S&amp;P 500 real estate and healthcare indexes each fell over 1% and were the poorest performers of 11 sectors, while financials, energy and materials made modest gains.</p>\n<p>JPMorgan, Wells Fargo, Citi Group and <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> each rose, tracking a slight rise in benchmark bond yields following the claims data.</p>\n<p>“The problem with the market these days is it’s rotating more than it’s moving. Today, because of the jobs claims report, everyone is buying cyclical stocks,\" said Jay Hatfield, chief executive of Infrastructure Capital Management in New York. “We see it as a rangebound market, between 4,400 and 4,600 (on the S&amp;P 500).”</p>\n<p>Investors have become more worried in recent sessions after a recent monthly jobs report showed a slowdown in U.S. hiring, suggesting the economic recovery may be losing steam faster than expected. Also dragging on sentiment has been uncertainty about when the U.S. Federal Reserve's will scale back massive measures enacted last year to shield the economy from the coronavirus pandemic.</p>\n<p>The Dow Jones Industrial Average fell 0.43% to end at 34,879.38 points, while the S&amp;P 500 lost 0.46% to 4,493.28.</p>\n<p>The Nasdaq Composite dropped 0.25% to 15,248.25.</p>\n<p>Lululemon Athletica soared 10% after providing a strong annual forecast, as demand for its yoga pants remains strong despite the easing of coronavirus restrictions.</p>\n<p>Reports that Beijing slowed down approval for all new online video games sent shares of U.S.-listed gaming stocks Activision Blizzard Inc, Electronic Art Inc, and <a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a> Inc down more than 1%.</p>\n<p>Digital Realty slid 5% after the data center REIT announced a public offering of 6.25 million shares.</p>\n<p>Volume on U.S. exchanges was 9.3 billion shares, compared with the 9.1 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.03-to-1 ratio; on Nasdaq, a 1.12-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 29 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 67 new highs and 38 new lows. </p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".DJI":"道琼斯","OEF":"标普100指数ETF-iShares","SDS":"两倍做空标普500ETF","AMZN":"亚马逊",".IXIC":"NASDAQ Composite","SH":"标普500反向ETF","OEX":"标普100",".SPX":"S&P 500 Index","IVV":"标普500指数ETF","LULU":"lululemon athletica","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","EA":"艺电","ATVI":"动视暴雪","SPXU":"三倍做空标普500ETF","COMP":"Compass, Inc.","MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166426123","content_text":"* Lululemon jumps on strong earnings forecast\n* Amazon, Microsoft weigh on indexes\nSept 9 (Reuters) - Wall Street ended lower on Thursday after weekly jobless claims fell to a near 18-month low, allaying fears of a slowing economic recovery, but also stoking worries the Fed could move sooner than expected to scale back its accommodative policies.\nThe Labor Department said initial claims for state unemployment benefits dropped 35,000 to a seasonally adjusted 310,000 for the week ended Sept. 4, the lowest level since mid-March 2020. That suggested that job growth could be hindered by labor shortages rather than cooling demand for workers.\nMicrosoft and Amazon each declined about 1%, both among the stocks weighing most on the S&P 500 and Nasdaq.\nThe S&P 500 real estate and healthcare indexes each fell over 1% and were the poorest performers of 11 sectors, while financials, energy and materials made modest gains.\nJPMorgan, Wells Fargo, Citi Group and Morgan Stanley each rose, tracking a slight rise in benchmark bond yields following the claims data.\n“The problem with the market these days is it’s rotating more than it’s moving. Today, because of the jobs claims report, everyone is buying cyclical stocks,\" said Jay Hatfield, chief executive of Infrastructure Capital Management in New York. “We see it as a rangebound market, between 4,400 and 4,600 (on the S&P 500).”\nInvestors have become more worried in recent sessions after a recent monthly jobs report showed a slowdown in U.S. hiring, suggesting the economic recovery may be losing steam faster than expected. Also dragging on sentiment has been uncertainty about when the U.S. Federal Reserve's will scale back massive measures enacted last year to shield the economy from the coronavirus pandemic.\nThe Dow Jones Industrial Average fell 0.43% to end at 34,879.38 points, while the S&P 500 lost 0.46% to 4,493.28.\nThe Nasdaq Composite dropped 0.25% to 15,248.25.\nLululemon Athletica soared 10% after providing a strong annual forecast, as demand for its yoga pants remains strong despite the easing of coronavirus restrictions.\nReports that Beijing slowed down approval for all new online video games sent shares of U.S.-listed gaming stocks Activision Blizzard Inc, Electronic Art Inc, and Take-Two Interactive Software Inc down more than 1%.\nDigital Realty slid 5% after the data center REIT announced a public offering of 6.25 million shares.\nVolume on U.S. exchanges was 9.3 billion shares, compared with the 9.1 billion average for the full session over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.03-to-1 ratio; on Nasdaq, a 1.12-to-1 ratio favored advancers.\nThe S&P 500 posted 29 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 67 new highs and 38 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869825822,"gmtCreate":1632273857566,"gmtModify":1676530740405,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"trade with caution","listText":"trade with caution","text":"trade with caution","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/869825822","repostId":"2169324976","repostType":4,"repost":{"id":"2169324976","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1632256994,"share":"https://ttm.financial/m/news/2169324976?lang=&edition=fundamental","pubTime":"2021-09-22 04:43","market":"us","language":"en","title":"Wall Street ends near flat on cautious note ahead of Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2169324976","media":"Reuters","summary":"NEW YORK, Sept 21  - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.Trading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.Shares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta var","content":"<p>NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over&nbsp;caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.</p>\n<p>Trading was choppy, with the Dow and S&amp;P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.</p>\n<p>Shares of Walt Disney Co&nbsp;fell 4.2% and were the biggest drag on both the S&amp;P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.</p>\n<p>Investors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.</p>\n<p>Officials will reveal new projections as investors also are on alert for any timing on rate tightening.</p>\n<p>The Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&amp;P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.</p>\n<p>S&amp;P 500 industrials&nbsp;led losses among sectors.</p>\n<p>Adding to late-day bearishness, shares of American Airlines Group Inc&nbsp;and JetBlue Airways Corp&nbsp;fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.</p>\n<p>The S&amp;P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.</p>\n<p>Analysts say a breach of the index's 200-day moving average may now be in sight.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.</p>\n<p>Volume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends near flat on cautious note ahead of Fed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends near flat on cautious note ahead of Fed\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-22 04:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over&nbsp;caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.</p>\n<p>Trading was choppy, with the Dow and S&amp;P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.</p>\n<p>Shares of Walt Disney Co&nbsp;fell 4.2% and were the biggest drag on both the S&amp;P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.</p>\n<p>Investors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.</p>\n<p>Officials will reveal new projections as investors also are on alert for any timing on rate tightening.</p>\n<p>The Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&amp;P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.</p>\n<p>S&amp;P 500 industrials&nbsp;led losses among sectors.</p>\n<p>Adding to late-day bearishness, shares of American Airlines Group Inc&nbsp;and JetBlue Airways Corp&nbsp;fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.</p>\n<p>The S&amp;P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.</p>\n<p>Analysts say a breach of the index's 200-day moving average may now be in sight.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.</p>\n<p>Volume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","TQQQ":"纳指三倍做多ETF","DJX":"1/100道琼斯","SH":"标普500反向ETF","SQQQ":"纳指三倍做空ETF","IVV":"标普500指数ETF","QLD":"纳指两倍做多ETF","DOG":"道指反向ETF","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","SPY":"标普500ETF","PSQ":"纳指反向ETF","SDOW":"道指三倍做空ETF-ProShares",".DJI":"道琼斯","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite","SDS":"两倍做空标普500ETF","OEX":"标普100","DDM":"道指两倍做多ETF",".SPX":"S&P 500 Index","DXD":"道指两倍做空ETF","QID":"纳指两倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169324976","content_text":"NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.\nTrading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.\nShares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.\nInvestors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.\nOfficials will reveal new projections as investors also are on alert for any timing on rate tightening.\nThe Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.\nS&P 500 industrials led losses among sectors.\nAdding to late-day bearishness, shares of American Airlines Group Inc and JetBlue Airways Corp fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.\nThe S&P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.\nAnalysts say a breach of the index's 200-day moving average may now be in sight.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.\nThe S&P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.\nVolume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9002177920,"gmtCreate":1641952001296,"gmtModify":1676533665967,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Nice to hear&nbsp; it","listText":"Nice to hear&nbsp; it","text":"Nice to hear it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002177920","repostId":"1196657089","repostType":4,"repost":{"id":"1196657089","kind":"news","pubTimestamp":1641949312,"share":"https://ttm.financial/m/news/1196657089?lang=&edition=fundamental","pubTime":"2022-01-12 09:01","market":"us","language":"en","title":"Powell Assures Americans That Fed Will Tackle High Inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1196657089","media":"Bloomberg","summary":"Federal Reserve Chair Jerome Powell pledged to do what’s necessary to contain an inflation surge and","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell pledged to do what’s necessary to contain an inflation surge and prolong the expansion, while steering clear of fresh details on the path of U.S. monetary policy.</p><p>“If we have to raise interest rates more over time, we will,” Powell told the Senate Banking Committee Tuesday under questioning at his confirmation hearing for a second term as central bank chief. “We will use our tools to get inflation back.”</p><p>Both Republicans and Democrats have expressed concern that the Fed is over-stimulating the economy with low rates and bond purchases as inflation runs far above officials’ 2% target. U.S. central bankers have been surprised by the persistence of inflation and want to lean against it this year without stalling out growth.</p><p>Prices rose 5.7% for the 12 months ending November as measured by the personal consumption expenditures price index, the Fed’s preferred benchmark.</p><p>Powell’s remarks were more guarded than those of some of his colleagues, who’ve called openly for the Fed to starting raising rates at their meeting in March. But the chair typically tries to avoid providing policy guidance in public before he’s had a chance to discuss matters with the Fed’s policy-setting committee, which next gathers Jan. 25-26.</p><p>While stressing that the Fed doesn’t prioritize its congressional mandate for price stability more than the goal for full employment, Powell said that the emphasis can shift and at the moment there was more focus on inflation.</p><p>‘Severe Threat’</p><p>“To get the kind of very strong labor market we want, with high participation, it is going to take a long expansion,” he said. “To get a long expansion we are going to need price stability. And so in a way, high inflation is a severe threat to the achievement of maximum employment.”</p><p>Meantime, Tuesday’s hearing underscored the bipartisan support Powell has for another term, starting next month. Senate Banking Committee Chair Sherrod Brown told Bloomberg he didn’t expect much change from the January 2018 vote that confirmed Powell for his first term. That count was 84-13.</p><p>President Joe Biden in November nominated Powell for a second term as chair and picked Fed Governor Lael Brainard to serve as vice chair. Brainard’s confirmation hearing is scheduled for Thursday. Biden is also expected to soon nominate three new governors to fill remaining vacancies on the board.</p><p>Financial markets took Powell’s remarks in their stride. Stocks erased losses, with the S&amp;P 500 and the Nasdaq 100 pushing higher while bonds fluctuated.</p><p>“The ongoing vagueness about the timing of the first rate hike contrasts with the avalanche of comments from other Fed directors circling March 2022,” said Thomas Costerg, senior U.S. economist at Pictet Wealth Management. “Bottom line: I have a sense Powell wants to calm things a bit and wants the market to digest quietly the last minutes -- not add fuel to the fire.”</p><p>Investors are betting the Fed will begin raising its benchmark federal funds rate in March, two years after cutting it to nearly zero at the onset of the pandemic in March 2020. A Labor Department report Friday showing the U.S. unemployment rate fell to 3.9% in December -- closing in on the 3.5% pre-pandemic low.</p><p>Fed officials in December said they would accelerate end of their asset purchase program, and forecast they would raise rates three times this year. Wall Street firms such as Goldman Sachs Group Inc. are forecasting as many as four increases.</p><p>Balance Sheet</p><p>Powell, asked about plans to shrink the Fed’s $8.77 trillion balance sheet, said at some point this year he and his colleagues will allow it to run off. His remarks follow comments from other Fed officials favoring a start to shrinking the balance sheet fairly soon after the central bank begins raising rates.</p><p>Noting that the U.S. economy was in a much stronger position than the last time the central bank shrank its balance sheet -- when it waited around two years between raising rates and allowing its holdings to run off, the chair said no decisions had been made but it would be quicker this time around.</p><p>“The balance sheet is much bigger and so the runoff can be faster. So I would say sooner and faster -- that much is clear,” he said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell Assures Americans That Fed Will Tackle High Inflation</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\">\nPowell Assures Americans That Fed Will Tackle High Inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-12 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/powell-says-fed-raise-rates-160850337.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chair Jerome Powell pledged to do what’s necessary to contain an inflation surge and prolong the expansion, while steering clear of fresh details on the path of U.S. monetary policy.“...</p>\n\n<a href=\"https://finance.yahoo.com/news/powell-says-fed-raise-rates-160850337.html\">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://finance.yahoo.com/news/powell-says-fed-raise-rates-160850337.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196657089","content_text":"Federal Reserve Chair Jerome Powell pledged to do what’s necessary to contain an inflation surge and prolong the expansion, while steering clear of fresh details on the path of U.S. monetary policy.“If we have to raise interest rates more over time, we will,” Powell told the Senate Banking Committee Tuesday under questioning at his confirmation hearing for a second term as central bank chief. “We will use our tools to get inflation back.”Both Republicans and Democrats have expressed concern that the Fed is over-stimulating the economy with low rates and bond purchases as inflation runs far above officials’ 2% target. U.S. central bankers have been surprised by the persistence of inflation and want to lean against it this year without stalling out growth.Prices rose 5.7% for the 12 months ending November as measured by the personal consumption expenditures price index, the Fed’s preferred benchmark.Powell’s remarks were more guarded than those of some of his colleagues, who’ve called openly for the Fed to starting raising rates at their meeting in March. But the chair typically tries to avoid providing policy guidance in public before he’s had a chance to discuss matters with the Fed’s policy-setting committee, which next gathers Jan. 25-26.While stressing that the Fed doesn’t prioritize its congressional mandate for price stability more than the goal for full employment, Powell said that the emphasis can shift and at the moment there was more focus on inflation.‘Severe Threat’“To get the kind of very strong labor market we want, with high participation, it is going to take a long expansion,” he said. “To get a long expansion we are going to need price stability. And so in a way, high inflation is a severe threat to the achievement of maximum employment.”Meantime, Tuesday’s hearing underscored the bipartisan support Powell has for another term, starting next month. Senate Banking Committee Chair Sherrod Brown told Bloomberg he didn’t expect much change from the January 2018 vote that confirmed Powell for his first term. That count was 84-13.President Joe Biden in November nominated Powell for a second term as chair and picked Fed Governor Lael Brainard to serve as vice chair. Brainard’s confirmation hearing is scheduled for Thursday. Biden is also expected to soon nominate three new governors to fill remaining vacancies on the board.Financial markets took Powell’s remarks in their stride. Stocks erased losses, with the S&P 500 and the Nasdaq 100 pushing higher while bonds fluctuated.“The ongoing vagueness about the timing of the first rate hike contrasts with the avalanche of comments from other Fed directors circling March 2022,” said Thomas Costerg, senior U.S. economist at Pictet Wealth Management. “Bottom line: I have a sense Powell wants to calm things a bit and wants the market to digest quietly the last minutes -- not add fuel to the fire.”Investors are betting the Fed will begin raising its benchmark federal funds rate in March, two years after cutting it to nearly zero at the onset of the pandemic in March 2020. A Labor Department report Friday showing the U.S. unemployment rate fell to 3.9% in December -- closing in on the 3.5% pre-pandemic low.Fed officials in December said they would accelerate end of their asset purchase program, and forecast they would raise rates three times this year. Wall Street firms such as Goldman Sachs Group Inc. are forecasting as many as four increases.Balance SheetPowell, asked about plans to shrink the Fed’s $8.77 trillion balance sheet, said at some point this year he and his colleagues will allow it to run off. His remarks follow comments from other Fed officials favoring a start to shrinking the balance sheet fairly soon after the central bank begins raising rates.Noting that the U.S. economy was in a much stronger position than the last time the central bank shrank its balance sheet -- when it waited around two years between raising rates and allowing its holdings to run off, the chair said no decisions had been made but it would be quicker this time around.“The balance sheet is much bigger and so the runoff can be faster. So I would say sooner and faster -- that much is clear,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":668,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813210525,"gmtCreate":1630204256867,"gmtModify":1676530242648,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Up up up","listText":"Up up up","text":"Up up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/813210525","repostId":"1162964424","repostType":4,"repost":{"id":"1162964424","kind":"news","pubTimestamp":1630111098,"share":"https://ttm.financial/m/news/1162964424?lang=&edition=fundamental","pubTime":"2021-08-28 08:38","market":"us","language":"en","title":"Apple Stock: How It Could Be A Great Inflation Play","url":"https://stock-news.laohu8.com/highlight/detail?id=1162964424","media":"TheStreet","summary":"Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.IPhone users thinking of upgrading their devices this year  should expect to reach deeper into their pockets. DigiTimes has reported that Apple’s iPhone 13 could be launched next month at a higher price due to parts inflation.Bad news for consumers could be great news for Apple stock investors. If the price increase is con","content":"<p>Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.</p>\n<p>IPhone users thinking of upgrading their devices this year (or those looking to switch to the iOS-based product) should expect to reach deeper into their pockets. DigiTimes has&nbsp;reported&nbsp;that Apple’s iPhone 13 could be launched next month at a higher price due to parts inflation.</p>\n<p>Bad news for consumers could be great news for Apple stock&nbsp;investors. If the price increase is confirmed, it provides evidence that AAPL might be a great inflation play during these times of worry over rising producer and consumer prices.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d6f4ac9ebc1b90072340731dc5c1e613\" tg-width=\"1240\" tg-height=\"698\" referrerpolicy=\"no-referrer\"><span>Figure 1: Apple's iPhone 12 Pro.</span></p>\n<p><b>What happened?</b></p>\n<p>The iPhone is already considered a pricey tech gadget that can cost as much as $1,400 for the fully loaded, higher-end 12 Pro Max model in the US (see figure below). Due to this year’s components shortage, chip maker TSMC may raise its part prices to Apple by 3% to 5%, which could lead to a similar increase in the price of the yet-to-be-announced iPhone 13.</p>\n<p>It is unlikely that one of the largest and most successful consumer product companies in the world would try to raise prices without confidence that doing so does not impact demand for the new iPhone substantially. Apple can probably afford to hike prices because the company understands the value and the appeal of its luxury brand.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0140b9b68bb9eb5dd7e88aaff384785d\" tg-width=\"707\" tg-height=\"370\" referrerpolicy=\"no-referrer\"><span>Figure 2: iPhone 12 Pro on Apple's store.</span></p>\n<p><b>A quote from Jim Cramer</b></p>\n<p>One of the most concerning headwinds to stocks in the foreseeable future is the possibility of inflation eroding corporate margins and leading to higher interest rates in 2021-2022. But should producer and consumer prices spike, not all stocks will be impacted equally.</p>\n<p>Generally speaking, companies with strong pricing power that are able to pass on the higher production costs to consumers will likely outperform. This is a point that&nbsp;Mad Money’s Jim Cramer has made recently. Here is his quote:</p>\n<blockquote>\n “When you try to think of what’s working in this market... I want you to ask yourself, would you be insensitive to a price increase if the company put one through? [What are] the companies that can raise prices without infuriating you? Go buy their stocks.”\n</blockquote>\n<p><b>The impact to the P&amp;L</b></p>\n<p>Are higher prices a good or a bad thing for a company’s financial performance? The answer is nuanced and depends on a few factors.</p>\n<p>Holding all else constant, higher prices also mean higher revenues (think of the formula for sales: price times quantity). If the increase in price is decoupled from an increase in product or operating costs, then the hike also helps to boost margins – thus profits as well.</p>\n<p>However, “holding all else constant” is not how the world really works. A change in price tends to have an impact on a few key variables, most important of which is demand. If higher prices do not impact units sold by much or at all, this is great news for revenues and, most likely, earnings.</p>\n<p>The other piece to consider is whether the price hike fully or only partially offsets higher costs. Assuming the latter, revenues can still benefit without a corresponding positive effect on margins and profits. The complexity presented by the many moving parts makes it hard to determine with certainty how a more expensive iPhone may impact Apple’s financial statements in the future.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: How It Could Be A Great Inflation Play</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: How It Could Be A Great Inflation Play\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-28 08:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/iphone/apple-stock-how-it-could-be-a-great-inflation-play><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.\nIPhone users thinking ...</p>\n\n<a href=\"https://www.thestreet.com/apple/iphone/apple-stock-how-it-could-be-a-great-inflation-play\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/iphone/apple-stock-how-it-could-be-a-great-inflation-play","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162964424","content_text":"Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.\nIPhone users thinking of upgrading their devices this year (or those looking to switch to the iOS-based product) should expect to reach deeper into their pockets. DigiTimes has reported that Apple’s iPhone 13 could be launched next month at a higher price due to parts inflation.\nBad news for consumers could be great news for Apple stock investors. If the price increase is confirmed, it provides evidence that AAPL might be a great inflation play during these times of worry over rising producer and consumer prices.\nFigure 1: Apple's iPhone 12 Pro.\nWhat happened?\nThe iPhone is already considered a pricey tech gadget that can cost as much as $1,400 for the fully loaded, higher-end 12 Pro Max model in the US (see figure below). Due to this year’s components shortage, chip maker TSMC may raise its part prices to Apple by 3% to 5%, which could lead to a similar increase in the price of the yet-to-be-announced iPhone 13.\nIt is unlikely that one of the largest and most successful consumer product companies in the world would try to raise prices without confidence that doing so does not impact demand for the new iPhone substantially. Apple can probably afford to hike prices because the company understands the value and the appeal of its luxury brand.\nFigure 2: iPhone 12 Pro on Apple's store.\nA quote from Jim Cramer\nOne of the most concerning headwinds to stocks in the foreseeable future is the possibility of inflation eroding corporate margins and leading to higher interest rates in 2021-2022. But should producer and consumer prices spike, not all stocks will be impacted equally.\nGenerally speaking, companies with strong pricing power that are able to pass on the higher production costs to consumers will likely outperform. This is a point that Mad Money’s Jim Cramer has made recently. Here is his quote:\n\n “When you try to think of what’s working in this market... I want you to ask yourself, would you be insensitive to a price increase if the company put one through? [What are] the companies that can raise prices without infuriating you? Go buy their stocks.”\n\nThe impact to the P&L\nAre higher prices a good or a bad thing for a company’s financial performance? The answer is nuanced and depends on a few factors.\nHolding all else constant, higher prices also mean higher revenues (think of the formula for sales: price times quantity). If the increase in price is decoupled from an increase in product or operating costs, then the hike also helps to boost margins – thus profits as well.\nHowever, “holding all else constant” is not how the world really works. A change in price tends to have an impact on a few key variables, most important of which is demand. If higher prices do not impact units sold by much or at all, this is great news for revenues and, most likely, earnings.\nThe other piece to consider is whether the price hike fully or only partially offsets higher costs. Assuming the latter, revenues can still benefit without a corresponding positive effect on margins and profits. The complexity presented by the many moving parts makes it hard to determine with certainty how a more expensive iPhone may impact Apple’s financial statements in the future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093052233,"gmtCreate":1643468517676,"gmtModify":1676533823478,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Good recommdation&nbsp;","listText":"Good recommdation&nbsp;","text":"Good recommdation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093052233","repostId":"1126756363","repostType":4,"isVote":1,"tweetType":1,"viewCount":853,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008659107,"gmtCreate":1641435432109,"gmtModify":1676533615282,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Tarde with precaution","listText":"Tarde with precaution","text":"Tarde with precaution","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008659107","repostId":"1145850594","repostType":4,"repost":{"id":"1145850594","kind":"news","pubTimestamp":1641422572,"share":"https://ttm.financial/m/news/1145850594?lang=&edition=fundamental","pubTime":"2022-01-06 06:42","market":"us","language":"en","title":"Fed Minutes Flag Chance of Earlier Hikes, Balance-Sheet Rundown","url":"https://stock-news.laohu8.com/highlight/detail?id=1145850594","media":"Bloomberg","summary":"Report offers more details on FOMC debate over inflation pivotSome officials favor ‘significant’ run","content":"<html><head></head><body><ul><li>Report offers more details on FOMC debate over inflation pivot</li><li>Some officials favor ‘significant’ runoff of balance sheet</li></ul><p>Federal Reserve officials said a strengthening economy and higher inflation could lead to earlier and faster interest-rate increases than previously expected, with some policy makers also favoring starting to shrink the balance sheet soon after.</p><p>“Participants generally noted that, given their individual outlooks for the economy, the labor market, and inflation, it may become warranted to increase the federal funds rate sooner or at a faster pace than participants had earlier anticipated,” according to minutes published Wednesday of the Dec. 14-15 meeting of the U.S. central bank’s policy-setting Federal Open Market Committee, when it pivoted to a more aggressive inflation-fighting stance.</p><p>“Some participants also noted that it could be appropriate to begin to reduce the size of the Federal Reserve’s balance sheet relatively soon after beginning to raise the federal funds rate,” the minutes said.</p><p><img src=\"https://static.tigerbbs.com/1c0e66e6c9637acf2cba5bbb5b6f519e\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>The S&amp;P 500 stock index extended declines following the release, falling 1.9% at the close, the biggest loss since November. Yields on 10-year Treasuries rose to as high as 1.7087%, a level last seen in April, and overnight swaps markets moved to price in an 80% chance of a 25 basis-point hike at the Fed’s meeting in March.</p><p>At the conclusion of the December meeting, the FOMC announced it would wind down the Fed’s bond-buying program at a faster pace than first outlined at the previous meeting in early November, citing rising risks from inflation. The new schedule puts the central bank on track to conclude purchases in March.</p><blockquote>“The minutes showed the FOMC is coalescing around the view the economy is ready for a broad-based removal of monetary accommodation, and the omicron variant is unlikely to slow it down. We think the risk of rate liftoff at the March meeting has increased substantially, and will be watching closely Fedspeak ahead of the January meeting for further indications.”</blockquote><blockquote>-- Anna Wong, chief U.S. economist</blockquote><p>Fed officials were also unanimous in expecting they would need to begin raising rates this year, according to anonymous projections published after the meeting. That marked a shift from the previous round of forecasts in September, which had shown the FOMC at the time was evenly divided on the question.</p><p>The minutes stopped short of providing explicit guidance on the timing of liftoff following almost two years of near-zero borrowing costs.</p><p>Neil Dutta, head of U.S. economics at Renaissance Macro, took the minutes as a sign that “the Fed is on a glide path to a March rate hike.”</p><p><img src=\"https://static.tigerbbs.com/3b79c6d9533c369237fb3ca28a5d3243\" tg-width=\"1227\" tg-height=\"603\" width=\"100%\" height=\"auto\"/></p><p>“That the Fed is signaling it might be appropriate to go sooner is them giving the go-ahead for a March hike,” Dutta said. “I expect them to announce the run-off before year end.”</p><p>Fed Chair Jerome Powell, in a press conference following the December meeting, said recent inflation data informed the changes. U.S. consumer prices rose 6.8% in the 12 months through November, according to Labor Department figures, marking the fastest pace of increase in nearly four decades.</p><p>At the time of the meeting in mid-December -- before the omicron variant had surged more widely throughout the U.S. -- Fed officials generally saw the strain as adding to inflation risks, according to the minutes.</p><p><b>Omicron Impact</b></p><p>Rising housing costs and rents, more widespread wage growth and more prolonged global supply bottlenecks, “which could be exacerbated by the emergence of the Omicron variant,” fueled changes to officials’ inflation outlooks, the minutes said.</p><p>Since the meeting, omicron has spread rapidly throughout the country, disrupting airline travel and schools while also presenting challenges to restaurants and other businesses.</p><p>Fed officials received a briefing from staff members on issues related to normalization of the central bank’s $8.8 trillion balance sheet. During the last rate-hike cycle in the 2010s, the Fed waited almost two years after liftoff to begin trimming assets.</p><p>This time around, “participants judged that the appropriate timing of balance sheet runoff would likely be closer to that of policy rate liftoff than in the committee’s previous experience,” the minutes said.</p><p>In addition, “some participants judged that a significant amount of balance sheet shrinkage could be appropriate over the normalization process.”</p><p>The minutes suggest “fast and furious normalization” compared with the last round of balance-sheet runoff, said Omair Sharif, founder and president of Inflation Insights.</p><p>There are still about four million fewer Americans working than before the pandemic began. The unemployment rate fell to 4.2% in November, well below the peak of 14.8% in April 2020 but still above the 3.5% rate that prevailed in February of that year.</p><p>A Labor Department report on December employment due out Friday is expected to show employers added about 425,000 people to payrolls, while the unemployment rate fell to a new pandemic low of 4.1%, according to the median estimates of economists.</p><p>“Acknowledging that the maximum level of employment consistent with price stability may evolve over time, many participants saw the U.S. economy making rapid progress toward the committee’s maximum-employment goal,” the minutes said. “Several participants viewed labor market conditions as already largely consistent with maximum employment.”</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 Minutes Flag Chance of Earlier Hikes, Balance-Sheet Rundown</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\">\nFed Minutes Flag Chance of Earlier Hikes, Balance-Sheet Rundown\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-06 06:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/fed-minutes-flag-chance-of-earlier-hikes-balance-sheet-rundown><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Report offers more details on FOMC debate over inflation pivotSome officials favor ‘significant’ runoff of balance sheetFederal Reserve officials said a strengthening economy and higher inflation ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/fed-minutes-flag-chance-of-earlier-hikes-balance-sheet-rundown\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/fed-minutes-flag-chance-of-earlier-hikes-balance-sheet-rundown","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145850594","content_text":"Report offers more details on FOMC debate over inflation pivotSome officials favor ‘significant’ runoff of balance sheetFederal Reserve officials said a strengthening economy and higher inflation could lead to earlier and faster interest-rate increases than previously expected, with some policy makers also favoring starting to shrink the balance sheet soon after.“Participants generally noted that, given their individual outlooks for the economy, the labor market, and inflation, it may become warranted to increase the federal funds rate sooner or at a faster pace than participants had earlier anticipated,” according to minutes published Wednesday of the Dec. 14-15 meeting of the U.S. central bank’s policy-setting Federal Open Market Committee, when it pivoted to a more aggressive inflation-fighting stance.“Some participants also noted that it could be appropriate to begin to reduce the size of the Federal Reserve’s balance sheet relatively soon after beginning to raise the federal funds rate,” the minutes said.The S&P 500 stock index extended declines following the release, falling 1.9% at the close, the biggest loss since November. Yields on 10-year Treasuries rose to as high as 1.7087%, a level last seen in April, and overnight swaps markets moved to price in an 80% chance of a 25 basis-point hike at the Fed’s meeting in March.At the conclusion of the December meeting, the FOMC announced it would wind down the Fed’s bond-buying program at a faster pace than first outlined at the previous meeting in early November, citing rising risks from inflation. The new schedule puts the central bank on track to conclude purchases in March.“The minutes showed the FOMC is coalescing around the view the economy is ready for a broad-based removal of monetary accommodation, and the omicron variant is unlikely to slow it down. We think the risk of rate liftoff at the March meeting has increased substantially, and will be watching closely Fedspeak ahead of the January meeting for further indications.”-- Anna Wong, chief U.S. economistFed officials were also unanimous in expecting they would need to begin raising rates this year, according to anonymous projections published after the meeting. That marked a shift from the previous round of forecasts in September, which had shown the FOMC at the time was evenly divided on the question.The minutes stopped short of providing explicit guidance on the timing of liftoff following almost two years of near-zero borrowing costs.Neil Dutta, head of U.S. economics at Renaissance Macro, took the minutes as a sign that “the Fed is on a glide path to a March rate hike.”“That the Fed is signaling it might be appropriate to go sooner is them giving the go-ahead for a March hike,” Dutta said. “I expect them to announce the run-off before year end.”Fed Chair Jerome Powell, in a press conference following the December meeting, said recent inflation data informed the changes. U.S. consumer prices rose 6.8% in the 12 months through November, according to Labor Department figures, marking the fastest pace of increase in nearly four decades.At the time of the meeting in mid-December -- before the omicron variant had surged more widely throughout the U.S. -- Fed officials generally saw the strain as adding to inflation risks, according to the minutes.Omicron ImpactRising housing costs and rents, more widespread wage growth and more prolonged global supply bottlenecks, “which could be exacerbated by the emergence of the Omicron variant,” fueled changes to officials’ inflation outlooks, the minutes said.Since the meeting, omicron has spread rapidly throughout the country, disrupting airline travel and schools while also presenting challenges to restaurants and other businesses.Fed officials received a briefing from staff members on issues related to normalization of the central bank’s $8.8 trillion balance sheet. During the last rate-hike cycle in the 2010s, the Fed waited almost two years after liftoff to begin trimming assets.This time around, “participants judged that the appropriate timing of balance sheet runoff would likely be closer to that of policy rate liftoff than in the committee’s previous experience,” the minutes said.In addition, “some participants judged that a significant amount of balance sheet shrinkage could be appropriate over the normalization process.”The minutes suggest “fast and furious normalization” compared with the last round of balance-sheet runoff, said Omair Sharif, founder and president of Inflation Insights.There are still about four million fewer Americans working than before the pandemic began. The unemployment rate fell to 4.2% in November, well below the peak of 14.8% in April 2020 but still above the 3.5% rate that prevailed in February of that year.A Labor Department report on December employment due out Friday is expected to show employers added about 425,000 people to payrolls, while the unemployment rate fell to a new pandemic low of 4.1%, according to the median estimates of economists.“Acknowledging that the maximum level of employment consistent with price stability may evolve over time, many participants saw the U.S. economy making rapid progress toward the committee’s maximum-employment goal,” the minutes said. “Several participants viewed labor market conditions as already largely consistent with maximum employment.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863358413,"gmtCreate":1632360413732,"gmtModify":1676530762179,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Thanks for update","listText":"Thanks for update","text":"Thanks for update","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863358413","repostId":"1140447724","repostType":2,"repost":{"id":"1140447724","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632354999,"share":"https://ttm.financial/m/news/1140447724?lang=&edition=fundamental","pubTime":"2021-09-23 07:56","market":"us","language":"zh","title":"昨夜今晨：美联储Taper将至未至！标普终结四连阴","url":"https://stock-news.laohu8.com/highlight/detail?id=1140447724","media":"老虎资讯综合","summary":"摘要：①美股上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策，道琼斯指数收盘涨1%，结束了连续四天的下跌；②热门中概股周三收盘普涨，高途飙升逾26%；③两大原油期货大涨，供应短缺","content":"<blockquote>\n 摘要：①美股上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策，道琼斯指数收盘涨1%，结束了连续四天的下跌；②热门中概股周三收盘普涨，高途飙升逾26%；③两大原油期货大涨，供应短缺胜过一切。\n</blockquote>\n<p><b>推荐阅读：</b></p>\n<p><a href=\"https://laohu8.com/NW/2169650319\" target=\"_blank\">鲍威尔9月记者会：最早11月宣布taper，不需要超强就业就能满足开启标准</a></p>\n<p>海外市场</p>\n<p><b>1、美股“涨”声依旧、道指大涨逾330点</b></p>\n<p>美国股市上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策。</p>\n<p>道琼斯指数收盘涨1%，结束了连续四天的下跌。道琼斯指数当天早些时候一度跃升520点。标普500指数上涨1%，能源类股上涨3.2%，也是五个交易日以来首次上涨。纳斯达克综合指数上涨1%，报14896.85点。</p>\n<p><b>2、热门中概股周三收盘普涨 <a href=\"https://laohu8.com/S/GOTU\">高途</a>飙升逾26%</b></p>\n<p>热门中概股周三收盘普涨，教育股走高，高途飙升逾26%，此前公布的财报显示Q2营收同比增长35.3%，正价课付费人次同比增长4.1%。</p>\n<p><a href=\"https://laohu8.com/S/WIMI\">微美全息</a>涨超19%，比特数字涨超11%，<a href=\"https://laohu8.com/S/LITB\">兰亭集势</a>涨超10%，<a href=\"https://laohu8.com/S/DUO\">房多多</a>涨超9%，瑞幸粉单涨超7%，人人公司涨近7%，<a href=\"https://laohu8.com/S/DOYU\">斗鱼</a>、一起教育涨超6%。</p>\n<p><b>3、欧洲股市周三全线收涨 英国博彩公司大涨6.2%</b></p>\n<p>欧洲股市周三全面上涨，其中旅游休闲股指数跳升至14周高点。泛欧斯托克600指数收盘上涨4.45点，涨幅0.97%，报463.13点。</p>\n<p><b>4、两大原油期货大涨 供应短缺胜过一切</b></p>\n<p>根据<a href=\"https://laohu8.com/S/USEG\">美国能源</a>信息署周三的一份报告，美国原油库存连续第七周下降至约4.14 亿桶，美国原油库存下滑至2018年10月以来的最低水平。由于预计需求将增加，全球能源紧缩，周三油价上涨。截至收盘，美国WTI原油10月期货上涨146美分，涨幅2.07%，报71.95美元/桶；布伦特11月期货收涨155美分，涨幅2.08%，报75.91美元/桶。</p>\n<p><b>5、鲍威尔一席话引发黄金“高台大跳水”</b></p>\n<p>随着美联储主席鲍威尔谈到“逐步”缩减购债规模，同时市场淡化<a href=\"https://laohu8.com/S/03333\">中国恒大</a>对美国市场的传染效应，黄金市场回吐了早些时候的涨势，转而下跌。美市尾盘，现货黄金收报1768.14美元/盎司，下跌6.17美元或0.34%，美联储利率决议公布后一度触及1787.19美元/盎司高点，但随后很快大幅回落近23美元至1764.54美元/盎司低点。</p>\n<p>国际宏观</p>\n<p><b>1、美联储按兵不动 称可能很快就会放慢购债步伐 加息预期提前</b></p>\n<p>美联储当地时间周三将基准利率维持在近零水平，但表示加息可能会比预期早一点，同时大幅下调了美国今年的经济增长预期，并称可能很快就会放慢购买债券的步伐。</p>\n<p><b>2、鲍威尔发布会要点总结：渐进式减码或在明年中左右完成 将修改联储高官交易规则</b></p>\n<p>美联储主席鲍威尔在周三利率决议后的发布会上表示，如果经济继续取得进展，可能很快就会保障美联储开始缩减购债，渐进地减码购债将在2022年年中左右完成。但减码的时机对加息没有直接信号意义。鲍威尔还承诺，在美联储联储官员“炒股风波”后将对官员的金融交易规则“做出改变”。</p>\n<p><b>3、美国联邦公开市场委员会9月22日会议声明全文</b></p>\n<p>伴随疫苗接种取得进展和强有力的政策支持，经济活动和就业指标继续走强。受疫情不利影响最重的部门近几个月已出现好转，但新冠病例的增加导致它们复苏放缓。通货膨胀率高企，主要反映了暂时性因素。整体金融状况依然宽松，部分反映了支持经济及促进信贷流向美国居民和企业的政策措施的影响。</p>\n<p><b>4、美联储主席鲍威尔称减码或于11月启动 2022年中收官</b></p>\n<p>美联储主席杰罗姆·鲍威尔表示可能最早11月开始缩减资产购买规模，到2022年中完成这个过程。美联储官员此前透露越来越倾向于在2022年开始加息。</p>\n<p>鲍威尔在周三美联储政策会议结束后的新闻发布会上表示，“可能最早在下一次会议上宣布”减码。</p>\n<p><b>5、美国财长耶伦据悉向华尔街高管求助解决债务上限问题</b></p>\n<p>据知情人士透露，美国财政部长珍妮特·耶伦最近几天致电华尔街前几大金融公司的首席执行官，希望他们帮忙向共和党人施压，迫使后者支持提高或暂停债务上限。</p>\n<p>不愿具名讨论非公开信息的知情人士称，耶伦接触了<a href=\"https://laohu8.com/S/JPM\">摩根大通</a>的Jamie Dimon、<a href=\"https://laohu8.com/S/C\">花旗</a>的Jane Fraser、<a href=\"https://laohu8.com/S/WFC\">富国银行</a>的Charlie Scharf、<a href=\"https://laohu8.com/S/BAC\">美国银行</a>的Brian Moynihan及<a href=\"https://laohu8.com/S/GS\">高盛</a>一名高管。</p>\n<p><b>6、对冲基金表现强于大盘 大跌期间加大空头押注</b></p>\n<p>在最近的股市大跌期间，有一类投资者春风得意，这就是既能做多也能做空的对冲基金。尽管MSCI全球指数势创近一年来的最大单月跌幅，多空策略对冲基金仍表现出色。根据高盛集团主经纪商汇总的数据，截至周一 ，基于企业基本面选股的基金下跌了1％，而使用计算机模型下注的基金上涨了3％。同期基准指数下跌3％。</p>\n<p><b>7、美国政府停摆和债务上限问题日益紧迫 民主党仍有后备杀手锏</b></p>\n<p>美国民主党正在推进的旨在避免政府停摆和联邦违约的策略几乎注定要失败，从而提高了金融市场遭遇冲击的可能性，不过美国议员在市场压力下料最终将采取行动。虽然众议院周二晚间通过了一项议案，让联邦政府在9月30日财政年度结束后仍能获得运作资金，并将债务上限暂停一年以上，但共和党的反对意味着它肯定会在参议院失败。</p>\n<p>市场观点</p>\n<p><b>1、分析师：鲍威尔讲话意外鹰派 联储或从12月开始减码</b></p>\n<p>财经网站Forexlive分析师Adam Button就美联储利率决议和鲍威尔新闻发布会发表评论称，美联储主席鲍威尔表示“到2022年年中左右逐步结束购债可能是合适的。”这意味着美联储将从12月左右开始缩减200亿美元购债。Button表示，这是迄今为止市场接收到的最强有力的指引，而且这是一个鹰派的意外，鲍威尔会在必要之前就这一点提供一些明确的指导意见。</p>\n<p><b>2、CFRA Research：美联储声明暗示或更快速度加息 比预期强硬</b></p>\n<p>独立投资研究机构CFRA Research就美联储利率决议发表评论称，美联储在声明中暗示，可能会以比预期更快的速度加息。这种言辞可能比许多人预期的要强硬一些，基本上承认如果经济像我们所看到的那样继续增长，就有理由缩减购债规模。</p>\n<p><b>3、分析师：鲍威尔言论比FOMC声明更强硬也更明确</b></p>\n<p>分析师Sebastian Boyd就美联储利率决议和鲍威尔新闻发布会发表评论称，鲍威尔说其设想在明年年中逐步结束缩债。考虑到缩债最早可能在11月开始，这听起来并没有很“逐步”，也显然表明美联储提早了缩债开始的日期。</p>\n<p><b>4、</b><a href=\"https://laohu8.com/NW/2169856650\" target=\"_blank\"><b>美股牛市遭遇“担忧之墙” 标普离回调10%还远吗</b></a></p>\n<p>标普500指数自去年11月以来从未连续两个月下跌，这个历史第四长的纪录正在面临终结的风险。疫情未见拐点、美联储政策转向、财政刺激法案缩水、增税和债务上限等风险因素纷至沓来，令市场避险情绪快速升温。</p>\n<p>LPL Financial首席市场策略师德特里克结合历史数据指出，今年美股年内创历史新高次数已经创下了1995年以来之最，同时市场并没有出现像样的调整。上一次标普500指数修正5%发生在去年10月，考虑到1928年以来股指每年平均至少会出现2~3次这样幅度的回调，现在的情况并不寻常。另一方面，市场分化也在加剧，标普成份股中刷新52周低点的股票已经超过了突破新高股票的数量，风险释放似乎尚未完成。</p>\n<p><b>5、</b><a href=\"https://laohu8.com/NW/2169657023\" target=\"_blank\"><b>美国《外交》杂志：经济制裁暴露并加速美国的衰落</b></a></p>\n<p>据美国《外交》杂志（9—10月）双月刊发文称，过去10年间，经济制裁已成为美国几乎所有外交问题的首选解决方案，然而，经济制裁的效果并不明显。事实上，经济制裁暴露出美国的衰落，并加速了美国的衰落。</p>\n<p><b>6、</b><a href=\"https://laohu8.com/NW/2169657326\" target=\"_blank\"><b>穆迪：美债务违约将引发堪比大萧条时期的经济衰退</b></a></p>\n<p>美国总统拜登在试图阐述美国经济观点时，经常引用穆迪(Moody's)的研究。</p>\n<p>他应该利用穆迪首席经济学家马克·赞迪(Mark Zandi)的最新言论，强调两党政界人士就尽快达成债务上限协议的必要性所提出的任何观点。</p>\n<p><b>7、</b><a href=\"https://laohu8.com/NW/2169654284\" target=\"_blank\"><b>杰米·戴蒙警告投资者：美联储或在明年被迫采取大幅政策行动</b></a></p>\n<p>摩根大通首席执行官杰米-戴蒙警告投资者，尽管美联储竭力安抚市场对通胀和利率的担忧，但明年仍可能被迫采取大幅政策行动。美联储主席鲍威尔在杰克逊霍尔年会上已经暗示，央行将在今年年底前开始缩减货币刺激措施，他将于周三决议之后的新闻发布会上给出更多细节。届时，美联储还将公布其备受瞩目的通胀和利率预测。</p>\n<p>公司新闻</p>\n<p><b>1、</b><a href=\"https://laohu8.com/NW/2169668503\" target=\"_blank\"><b>Facebook首席技术官将离职 硬件部门负责人接任</b></a></p>\n<p>Facebook首席技术官Mike Schroepfer周三宣布将离职。到2022年，现任硬件部门Facebook Reality Labs负责人Andrew Bosworth将接替该职位。</p>\n<p>根据Facebook提交的文件，Schroepfer在周一通知Facebook，他打算辞去首席技术官一职。</p>\n<p><b>2、</b><a href=\"https://laohu8.com/NW/2169365760\" target=\"_blank\"><b>微软秋季发布会：Surface Pro 8配备雷电4接口 旗舰Laptop Studio支持三种形态</b></a></p>\n<p>当地时间周三，微软举行秋季新品发布会，在十月推送Windows 11系统前对Surface Pro等一系列产品线进行升级，包括了四款Surface电脑和最新款的折叠式手机。</p>\n<p><b>3、</b><a href=\"https://laohu8.com/NW/2169657422\" target=\"_blank\"><b>一份新报告显示苹果已经售出20亿部iPhone</b></a></p>\n<p>根据一份新的报告，苹果已经售出20亿部iPhone。2021年，苹果公司的iPhone阵容更加多样化，该公司瞄准了各种价格档次。在iPhone 13系列发布后不久，苹果公司对某些机型进行了降价，同时停产了其他机型。</p>\n<p><b>4、</b><a href=\"https://laohu8.com/NW/2169655033\" target=\"_blank\"><b>索尼推动并购 印度最大网络娱乐平台或将诞生</b></a></p>\n<p><a href=\"https://laohu8.com/S/SONY\">索尼</a>集团印度子公司SPNI和印度最大网络电视平台ZEEL周三表示，双方已签署一项非约束性协议，两家公司将合并，打造印度最大的网络娱乐平台。ZeeL在印度拥有 18% 的收视份额，索尼则拥有8%的份额，合并后新平台的全国收视份额达到26%。这可能就是为什么 ZeeL和SPNI合并后的公司将成为印度最大网络娱乐平台的原因。</p>\n<p><b>5、</b><a href=\"https://laohu8.com/NW/1133818692\" target=\"_blank\"><b>“木头姐”趁美股大跌狂扫“便宜货” 目标Coinbase和罗宾汉</b></a></p>\n<p>方舟投资掌门人、有着“女股神”之称的凯茜·伍德以在其看好的股票下跌时“逢低买入”而闻名。在周一美股遭到大幅抛售之际，这位华尔街明星基金经理抄底了数十万股Coinbase和Robinhood股票。</p>\n<p><b>6、</b><a href=\"https://laohu8.com/NW/2169657521\" target=\"_blank\"><b>特斯拉升级Autopilot辅助驾驶软件：再也不撞警车了</b></a></p>\n<p>据报道，特斯拉宣布，已经更新了自动驾驶辅助系统Autopilot，当特斯拉汽车在夜间行驶时检测到”紧急响应车辆“的灯光，可以自动放慢车速。随着2021.24.12版本软件的更新，特斯拉在其Model 3和Model Y车主手册中添加了这一信息。</p>\n<p><b>7、</b><a href=\"https://laohu8.com/NW/2169653790\" target=\"_blank\"><b>巴西阿拉比卡咖啡今年或减产近40% 为2009年以来最低</b></a></p>\n<p>巴西是全球最大咖啡生产国，但一波又一波的霜冻和干旱导致今年巴西咖啡大幅减产。据机构预测，今年巴西阿拉比卡咖啡产量可能创12年新低。</p>\n<p>以往9月份，巴西咖啡农户将丰收的咖啡豆装满仓库，运输卡车往往需要排队等上一整天才能取到货，但今年巴西咖啡产量如此小，长长的运输队伍几乎消失了。</p>\n<p><b>8、</b><a href=\"https://laohu8.com/NW/2169668728\" target=\"_blank\"><b>餐饮软件供应商Toast上市首日大涨56%</b></a></p>\n<p>当地时间周三，餐饮软件供应商Toast成功登陆纽交所，最终收盘价较IPO价格涨56.27%，市值站上300亿美元。今年上半年Toast营收翻番至7.04亿美元，但亏损亦从去年的1.25亿美元上升至2.35亿美元。</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>昨夜今晨：美联储Taper将至未至！标普终结四连阴</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n昨夜今晨：美联储Taper将至未至！标普终结四连阴\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-09-23 07:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n 摘要：①美股上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策，道琼斯指数收盘涨1%，结束了连续四天的下跌；②热门中概股周三收盘普涨，高途飙升逾26%；③两大原油期货大涨，供应短缺胜过一切。\n</blockquote>\n<p><b>推荐阅读：</b></p>\n<p><a href=\"https://laohu8.com/NW/2169650319\" target=\"_blank\">鲍威尔9月记者会：最早11月宣布taper，不需要超强就业就能满足开启标准</a></p>\n<p>海外市场</p>\n<p><b>1、美股“涨”声依旧、道指大涨逾330点</b></p>\n<p>美国股市上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策。</p>\n<p>道琼斯指数收盘涨1%，结束了连续四天的下跌。道琼斯指数当天早些时候一度跃升520点。标普500指数上涨1%，能源类股上涨3.2%，也是五个交易日以来首次上涨。纳斯达克综合指数上涨1%，报14896.85点。</p>\n<p><b>2、热门中概股周三收盘普涨 <a href=\"https://laohu8.com/S/GOTU\">高途</a>飙升逾26%</b></p>\n<p>热门中概股周三收盘普涨，教育股走高，高途飙升逾26%，此前公布的财报显示Q2营收同比增长35.3%，正价课付费人次同比增长4.1%。</p>\n<p><a href=\"https://laohu8.com/S/WIMI\">微美全息</a>涨超19%，比特数字涨超11%，<a href=\"https://laohu8.com/S/LITB\">兰亭集势</a>涨超10%，<a href=\"https://laohu8.com/S/DUO\">房多多</a>涨超9%，瑞幸粉单涨超7%，人人公司涨近7%，<a href=\"https://laohu8.com/S/DOYU\">斗鱼</a>、一起教育涨超6%。</p>\n<p><b>3、欧洲股市周三全线收涨 英国博彩公司大涨6.2%</b></p>\n<p>欧洲股市周三全面上涨，其中旅游休闲股指数跳升至14周高点。泛欧斯托克600指数收盘上涨4.45点，涨幅0.97%，报463.13点。</p>\n<p><b>4、两大原油期货大涨 供应短缺胜过一切</b></p>\n<p>根据<a href=\"https://laohu8.com/S/USEG\">美国能源</a>信息署周三的一份报告，美国原油库存连续第七周下降至约4.14 亿桶，美国原油库存下滑至2018年10月以来的最低水平。由于预计需求将增加，全球能源紧缩，周三油价上涨。截至收盘，美国WTI原油10月期货上涨146美分，涨幅2.07%，报71.95美元/桶；布伦特11月期货收涨155美分，涨幅2.08%，报75.91美元/桶。</p>\n<p><b>5、鲍威尔一席话引发黄金“高台大跳水”</b></p>\n<p>随着美联储主席鲍威尔谈到“逐步”缩减购债规模，同时市场淡化<a href=\"https://laohu8.com/S/03333\">中国恒大</a>对美国市场的传染效应，黄金市场回吐了早些时候的涨势，转而下跌。美市尾盘，现货黄金收报1768.14美元/盎司，下跌6.17美元或0.34%，美联储利率决议公布后一度触及1787.19美元/盎司高点，但随后很快大幅回落近23美元至1764.54美元/盎司低点。</p>\n<p>国际宏观</p>\n<p><b>1、美联储按兵不动 称可能很快就会放慢购债步伐 加息预期提前</b></p>\n<p>美联储当地时间周三将基准利率维持在近零水平，但表示加息可能会比预期早一点，同时大幅下调了美国今年的经济增长预期，并称可能很快就会放慢购买债券的步伐。</p>\n<p><b>2、鲍威尔发布会要点总结：渐进式减码或在明年中左右完成 将修改联储高官交易规则</b></p>\n<p>美联储主席鲍威尔在周三利率决议后的发布会上表示，如果经济继续取得进展，可能很快就会保障美联储开始缩减购债，渐进地减码购债将在2022年年中左右完成。但减码的时机对加息没有直接信号意义。鲍威尔还承诺，在美联储联储官员“炒股风波”后将对官员的金融交易规则“做出改变”。</p>\n<p><b>3、美国联邦公开市场委员会9月22日会议声明全文</b></p>\n<p>伴随疫苗接种取得进展和强有力的政策支持，经济活动和就业指标继续走强。受疫情不利影响最重的部门近几个月已出现好转，但新冠病例的增加导致它们复苏放缓。通货膨胀率高企，主要反映了暂时性因素。整体金融状况依然宽松，部分反映了支持经济及促进信贷流向美国居民和企业的政策措施的影响。</p>\n<p><b>4、美联储主席鲍威尔称减码或于11月启动 2022年中收官</b></p>\n<p>美联储主席杰罗姆·鲍威尔表示可能最早11月开始缩减资产购买规模，到2022年中完成这个过程。美联储官员此前透露越来越倾向于在2022年开始加息。</p>\n<p>鲍威尔在周三美联储政策会议结束后的新闻发布会上表示，“可能最早在下一次会议上宣布”减码。</p>\n<p><b>5、美国财长耶伦据悉向华尔街高管求助解决债务上限问题</b></p>\n<p>据知情人士透露，美国财政部长珍妮特·耶伦最近几天致电华尔街前几大金融公司的首席执行官，希望他们帮忙向共和党人施压，迫使后者支持提高或暂停债务上限。</p>\n<p>不愿具名讨论非公开信息的知情人士称，耶伦接触了<a href=\"https://laohu8.com/S/JPM\">摩根大通</a>的Jamie Dimon、<a href=\"https://laohu8.com/S/C\">花旗</a>的Jane Fraser、<a href=\"https://laohu8.com/S/WFC\">富国银行</a>的Charlie Scharf、<a href=\"https://laohu8.com/S/BAC\">美国银行</a>的Brian Moynihan及<a href=\"https://laohu8.com/S/GS\">高盛</a>一名高管。</p>\n<p><b>6、对冲基金表现强于大盘 大跌期间加大空头押注</b></p>\n<p>在最近的股市大跌期间，有一类投资者春风得意，这就是既能做多也能做空的对冲基金。尽管MSCI全球指数势创近一年来的最大单月跌幅，多空策略对冲基金仍表现出色。根据高盛集团主经纪商汇总的数据，截至周一 ，基于企业基本面选股的基金下跌了1％，而使用计算机模型下注的基金上涨了3％。同期基准指数下跌3％。</p>\n<p><b>7、美国政府停摆和债务上限问题日益紧迫 民主党仍有后备杀手锏</b></p>\n<p>美国民主党正在推进的旨在避免政府停摆和联邦违约的策略几乎注定要失败，从而提高了金融市场遭遇冲击的可能性，不过美国议员在市场压力下料最终将采取行动。虽然众议院周二晚间通过了一项议案，让联邦政府在9月30日财政年度结束后仍能获得运作资金，并将债务上限暂停一年以上，但共和党的反对意味着它肯定会在参议院失败。</p>\n<p>市场观点</p>\n<p><b>1、分析师：鲍威尔讲话意外鹰派 联储或从12月开始减码</b></p>\n<p>财经网站Forexlive分析师Adam Button就美联储利率决议和鲍威尔新闻发布会发表评论称，美联储主席鲍威尔表示“到2022年年中左右逐步结束购债可能是合适的。”这意味着美联储将从12月左右开始缩减200亿美元购债。Button表示，这是迄今为止市场接收到的最强有力的指引，而且这是一个鹰派的意外，鲍威尔会在必要之前就这一点提供一些明确的指导意见。</p>\n<p><b>2、CFRA Research：美联储声明暗示或更快速度加息 比预期强硬</b></p>\n<p>独立投资研究机构CFRA Research就美联储利率决议发表评论称，美联储在声明中暗示，可能会以比预期更快的速度加息。这种言辞可能比许多人预期的要强硬一些，基本上承认如果经济像我们所看到的那样继续增长，就有理由缩减购债规模。</p>\n<p><b>3、分析师：鲍威尔言论比FOMC声明更强硬也更明确</b></p>\n<p>分析师Sebastian Boyd就美联储利率决议和鲍威尔新闻发布会发表评论称，鲍威尔说其设想在明年年中逐步结束缩债。考虑到缩债最早可能在11月开始，这听起来并没有很“逐步”，也显然表明美联储提早了缩债开始的日期。</p>\n<p><b>4、</b><a href=\"https://laohu8.com/NW/2169856650\" target=\"_blank\"><b>美股牛市遭遇“担忧之墙” 标普离回调10%还远吗</b></a></p>\n<p>标普500指数自去年11月以来从未连续两个月下跌，这个历史第四长的纪录正在面临终结的风险。疫情未见拐点、美联储政策转向、财政刺激法案缩水、增税和债务上限等风险因素纷至沓来，令市场避险情绪快速升温。</p>\n<p>LPL Financial首席市场策略师德特里克结合历史数据指出，今年美股年内创历史新高次数已经创下了1995年以来之最，同时市场并没有出现像样的调整。上一次标普500指数修正5%发生在去年10月，考虑到1928年以来股指每年平均至少会出现2~3次这样幅度的回调，现在的情况并不寻常。另一方面，市场分化也在加剧，标普成份股中刷新52周低点的股票已经超过了突破新高股票的数量，风险释放似乎尚未完成。</p>\n<p><b>5、</b><a href=\"https://laohu8.com/NW/2169657023\" target=\"_blank\"><b>美国《外交》杂志：经济制裁暴露并加速美国的衰落</b></a></p>\n<p>据美国《外交》杂志（9—10月）双月刊发文称，过去10年间，经济制裁已成为美国几乎所有外交问题的首选解决方案，然而，经济制裁的效果并不明显。事实上，经济制裁暴露出美国的衰落，并加速了美国的衰落。</p>\n<p><b>6、</b><a href=\"https://laohu8.com/NW/2169657326\" target=\"_blank\"><b>穆迪：美债务违约将引发堪比大萧条时期的经济衰退</b></a></p>\n<p>美国总统拜登在试图阐述美国经济观点时，经常引用穆迪(Moody's)的研究。</p>\n<p>他应该利用穆迪首席经济学家马克·赞迪(Mark Zandi)的最新言论，强调两党政界人士就尽快达成债务上限协议的必要性所提出的任何观点。</p>\n<p><b>7、</b><a href=\"https://laohu8.com/NW/2169654284\" target=\"_blank\"><b>杰米·戴蒙警告投资者：美联储或在明年被迫采取大幅政策行动</b></a></p>\n<p>摩根大通首席执行官杰米-戴蒙警告投资者，尽管美联储竭力安抚市场对通胀和利率的担忧，但明年仍可能被迫采取大幅政策行动。美联储主席鲍威尔在杰克逊霍尔年会上已经暗示，央行将在今年年底前开始缩减货币刺激措施，他将于周三决议之后的新闻发布会上给出更多细节。届时，美联储还将公布其备受瞩目的通胀和利率预测。</p>\n<p>公司新闻</p>\n<p><b>1、</b><a href=\"https://laohu8.com/NW/2169668503\" target=\"_blank\"><b>Facebook首席技术官将离职 硬件部门负责人接任</b></a></p>\n<p>Facebook首席技术官Mike Schroepfer周三宣布将离职。到2022年，现任硬件部门Facebook Reality Labs负责人Andrew Bosworth将接替该职位。</p>\n<p>根据Facebook提交的文件，Schroepfer在周一通知Facebook，他打算辞去首席技术官一职。</p>\n<p><b>2、</b><a href=\"https://laohu8.com/NW/2169365760\" target=\"_blank\"><b>微软秋季发布会：Surface Pro 8配备雷电4接口 旗舰Laptop Studio支持三种形态</b></a></p>\n<p>当地时间周三，微软举行秋季新品发布会，在十月推送Windows 11系统前对Surface Pro等一系列产品线进行升级，包括了四款Surface电脑和最新款的折叠式手机。</p>\n<p><b>3、</b><a href=\"https://laohu8.com/NW/2169657422\" target=\"_blank\"><b>一份新报告显示苹果已经售出20亿部iPhone</b></a></p>\n<p>根据一份新的报告，苹果已经售出20亿部iPhone。2021年，苹果公司的iPhone阵容更加多样化，该公司瞄准了各种价格档次。在iPhone 13系列发布后不久，苹果公司对某些机型进行了降价，同时停产了其他机型。</p>\n<p><b>4、</b><a href=\"https://laohu8.com/NW/2169655033\" target=\"_blank\"><b>索尼推动并购 印度最大网络娱乐平台或将诞生</b></a></p>\n<p><a href=\"https://laohu8.com/S/SONY\">索尼</a>集团印度子公司SPNI和印度最大网络电视平台ZEEL周三表示，双方已签署一项非约束性协议，两家公司将合并，打造印度最大的网络娱乐平台。ZeeL在印度拥有 18% 的收视份额，索尼则拥有8%的份额，合并后新平台的全国收视份额达到26%。这可能就是为什么 ZeeL和SPNI合并后的公司将成为印度最大网络娱乐平台的原因。</p>\n<p><b>5、</b><a href=\"https://laohu8.com/NW/1133818692\" target=\"_blank\"><b>“木头姐”趁美股大跌狂扫“便宜货” 目标Coinbase和罗宾汉</b></a></p>\n<p>方舟投资掌门人、有着“女股神”之称的凯茜·伍德以在其看好的股票下跌时“逢低买入”而闻名。在周一美股遭到大幅抛售之际，这位华尔街明星基金经理抄底了数十万股Coinbase和Robinhood股票。</p>\n<p><b>6、</b><a href=\"https://laohu8.com/NW/2169657521\" target=\"_blank\"><b>特斯拉升级Autopilot辅助驾驶软件：再也不撞警车了</b></a></p>\n<p>据报道，特斯拉宣布，已经更新了自动驾驶辅助系统Autopilot，当特斯拉汽车在夜间行驶时检测到”紧急响应车辆“的灯光，可以自动放慢车速。随着2021.24.12版本软件的更新，特斯拉在其Model 3和Model Y车主手册中添加了这一信息。</p>\n<p><b>7、</b><a href=\"https://laohu8.com/NW/2169653790\" target=\"_blank\"><b>巴西阿拉比卡咖啡今年或减产近40% 为2009年以来最低</b></a></p>\n<p>巴西是全球最大咖啡生产国，但一波又一波的霜冻和干旱导致今年巴西咖啡大幅减产。据机构预测，今年巴西阿拉比卡咖啡产量可能创12年新低。</p>\n<p>以往9月份，巴西咖啡农户将丰收的咖啡豆装满仓库，运输卡车往往需要排队等上一整天才能取到货，但今年巴西咖啡产量如此小，长长的运输队伍几乎消失了。</p>\n<p><b>8、</b><a href=\"https://laohu8.com/NW/2169668728\" target=\"_blank\"><b>餐饮软件供应商Toast上市首日大涨56%</b></a></p>\n<p>当地时间周三，餐饮软件供应商Toast成功登陆纽交所，最终收盘价较IPO价格涨56.27%，市值站上300亿美元。今年上半年Toast营收翻番至7.04亿美元，但亏损亦从去年的1.25亿美元上升至2.35亿美元。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{"161125":"标普500","513500":"标普500ETF","PSQ":"纳指反向ETF","UDOW":"道指三倍做多ETF-ProShares",".DJI":"道琼斯","SQQQ":"纳指三倍做空ETF","UPRO":"三倍做多标普500ETF",".IXIC":"NASDAQ Composite","SDOW":"道指三倍做空ETF-ProShares","SH":"标普500反向ETF","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPY":"标普500ETF","SSO":"两倍做多标普500ETF","OEX":"标普100","QLD":"纳指两倍做多ETF","IVV":"标普500指数ETF"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140447724","content_text":"摘要：①美股上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策，道琼斯指数收盘涨1%，结束了连续四天的下跌；②热门中概股周三收盘普涨，高途飙升逾26%；③两大原油期货大涨，供应短缺胜过一切。\n\n推荐阅读：\n鲍威尔9月记者会：最早11月宣布taper，不需要超强就业就能满足开启标准\n海外市场\n1、美股“涨”声依旧、道指大涨逾330点\n美国股市上涨，此前美联储表示，不会很快收回在疫情期间支撑美国经济的货币刺激政策。\n道琼斯指数收盘涨1%，结束了连续四天的下跌。道琼斯指数当天早些时候一度跃升520点。标普500指数上涨1%，能源类股上涨3.2%，也是五个交易日以来首次上涨。纳斯达克综合指数上涨1%，报14896.85点。\n2、热门中概股周三收盘普涨 高途飙升逾26%\n热门中概股周三收盘普涨，教育股走高，高途飙升逾26%，此前公布的财报显示Q2营收同比增长35.3%，正价课付费人次同比增长4.1%。\n微美全息涨超19%，比特数字涨超11%，兰亭集势涨超10%，房多多涨超9%，瑞幸粉单涨超7%，人人公司涨近7%，斗鱼、一起教育涨超6%。\n3、欧洲股市周三全线收涨 英国博彩公司大涨6.2%\n欧洲股市周三全面上涨，其中旅游休闲股指数跳升至14周高点。泛欧斯托克600指数收盘上涨4.45点，涨幅0.97%，报463.13点。\n4、两大原油期货大涨 供应短缺胜过一切\n根据美国能源信息署周三的一份报告，美国原油库存连续第七周下降至约4.14 亿桶，美国原油库存下滑至2018年10月以来的最低水平。由于预计需求将增加，全球能源紧缩，周三油价上涨。截至收盘，美国WTI原油10月期货上涨146美分，涨幅2.07%，报71.95美元/桶；布伦特11月期货收涨155美分，涨幅2.08%，报75.91美元/桶。\n5、鲍威尔一席话引发黄金“高台大跳水”\n随着美联储主席鲍威尔谈到“逐步”缩减购债规模，同时市场淡化中国恒大对美国市场的传染效应，黄金市场回吐了早些时候的涨势，转而下跌。美市尾盘，现货黄金收报1768.14美元/盎司，下跌6.17美元或0.34%，美联储利率决议公布后一度触及1787.19美元/盎司高点，但随后很快大幅回落近23美元至1764.54美元/盎司低点。\n国际宏观\n1、美联储按兵不动 称可能很快就会放慢购债步伐 加息预期提前\n美联储当地时间周三将基准利率维持在近零水平，但表示加息可能会比预期早一点，同时大幅下调了美国今年的经济增长预期，并称可能很快就会放慢购买债券的步伐。\n2、鲍威尔发布会要点总结：渐进式减码或在明年中左右完成 将修改联储高官交易规则\n美联储主席鲍威尔在周三利率决议后的发布会上表示，如果经济继续取得进展，可能很快就会保障美联储开始缩减购债，渐进地减码购债将在2022年年中左右完成。但减码的时机对加息没有直接信号意义。鲍威尔还承诺，在美联储联储官员“炒股风波”后将对官员的金融交易规则“做出改变”。\n3、美国联邦公开市场委员会9月22日会议声明全文\n伴随疫苗接种取得进展和强有力的政策支持，经济活动和就业指标继续走强。受疫情不利影响最重的部门近几个月已出现好转，但新冠病例的增加导致它们复苏放缓。通货膨胀率高企，主要反映了暂时性因素。整体金融状况依然宽松，部分反映了支持经济及促进信贷流向美国居民和企业的政策措施的影响。\n4、美联储主席鲍威尔称减码或于11月启动 2022年中收官\n美联储主席杰罗姆·鲍威尔表示可能最早11月开始缩减资产购买规模，到2022年中完成这个过程。美联储官员此前透露越来越倾向于在2022年开始加息。\n鲍威尔在周三美联储政策会议结束后的新闻发布会上表示，“可能最早在下一次会议上宣布”减码。\n5、美国财长耶伦据悉向华尔街高管求助解决债务上限问题\n据知情人士透露，美国财政部长珍妮特·耶伦最近几天致电华尔街前几大金融公司的首席执行官，希望他们帮忙向共和党人施压，迫使后者支持提高或暂停债务上限。\n不愿具名讨论非公开信息的知情人士称，耶伦接触了摩根大通的Jamie Dimon、花旗的Jane Fraser、富国银行的Charlie Scharf、美国银行的Brian Moynihan及高盛一名高管。\n6、对冲基金表现强于大盘 大跌期间加大空头押注\n在最近的股市大跌期间，有一类投资者春风得意，这就是既能做多也能做空的对冲基金。尽管MSCI全球指数势创近一年来的最大单月跌幅，多空策略对冲基金仍表现出色。根据高盛集团主经纪商汇总的数据，截至周一 ，基于企业基本面选股的基金下跌了1％，而使用计算机模型下注的基金上涨了3％。同期基准指数下跌3％。\n7、美国政府停摆和债务上限问题日益紧迫 民主党仍有后备杀手锏\n美国民主党正在推进的旨在避免政府停摆和联邦违约的策略几乎注定要失败，从而提高了金融市场遭遇冲击的可能性，不过美国议员在市场压力下料最终将采取行动。虽然众议院周二晚间通过了一项议案，让联邦政府在9月30日财政年度结束后仍能获得运作资金，并将债务上限暂停一年以上，但共和党的反对意味着它肯定会在参议院失败。\n市场观点\n1、分析师：鲍威尔讲话意外鹰派 联储或从12月开始减码\n财经网站Forexlive分析师Adam Button就美联储利率决议和鲍威尔新闻发布会发表评论称，美联储主席鲍威尔表示“到2022年年中左右逐步结束购债可能是合适的。”这意味着美联储将从12月左右开始缩减200亿美元购债。Button表示，这是迄今为止市场接收到的最强有力的指引，而且这是一个鹰派的意外，鲍威尔会在必要之前就这一点提供一些明确的指导意见。\n2、CFRA Research：美联储声明暗示或更快速度加息 比预期强硬\n独立投资研究机构CFRA Research就美联储利率决议发表评论称，美联储在声明中暗示，可能会以比预期更快的速度加息。这种言辞可能比许多人预期的要强硬一些，基本上承认如果经济像我们所看到的那样继续增长，就有理由缩减购债规模。\n3、分析师：鲍威尔言论比FOMC声明更强硬也更明确\n分析师Sebastian Boyd就美联储利率决议和鲍威尔新闻发布会发表评论称，鲍威尔说其设想在明年年中逐步结束缩债。考虑到缩债最早可能在11月开始，这听起来并没有很“逐步”，也显然表明美联储提早了缩债开始的日期。\n4、美股牛市遭遇“担忧之墙” 标普离回调10%还远吗\n标普500指数自去年11月以来从未连续两个月下跌，这个历史第四长的纪录正在面临终结的风险。疫情未见拐点、美联储政策转向、财政刺激法案缩水、增税和债务上限等风险因素纷至沓来，令市场避险情绪快速升温。\nLPL Financial首席市场策略师德特里克结合历史数据指出，今年美股年内创历史新高次数已经创下了1995年以来之最，同时市场并没有出现像样的调整。上一次标普500指数修正5%发生在去年10月，考虑到1928年以来股指每年平均至少会出现2~3次这样幅度的回调，现在的情况并不寻常。另一方面，市场分化也在加剧，标普成份股中刷新52周低点的股票已经超过了突破新高股票的数量，风险释放似乎尚未完成。\n5、美国《外交》杂志：经济制裁暴露并加速美国的衰落\n据美国《外交》杂志（9—10月）双月刊发文称，过去10年间，经济制裁已成为美国几乎所有外交问题的首选解决方案，然而，经济制裁的效果并不明显。事实上，经济制裁暴露出美国的衰落，并加速了美国的衰落。\n6、穆迪：美债务违约将引发堪比大萧条时期的经济衰退\n美国总统拜登在试图阐述美国经济观点时，经常引用穆迪(Moody's)的研究。\n他应该利用穆迪首席经济学家马克·赞迪(Mark Zandi)的最新言论，强调两党政界人士就尽快达成债务上限协议的必要性所提出的任何观点。\n7、杰米·戴蒙警告投资者：美联储或在明年被迫采取大幅政策行动\n摩根大通首席执行官杰米-戴蒙警告投资者，尽管美联储竭力安抚市场对通胀和利率的担忧，但明年仍可能被迫采取大幅政策行动。美联储主席鲍威尔在杰克逊霍尔年会上已经暗示，央行将在今年年底前开始缩减货币刺激措施，他将于周三决议之后的新闻发布会上给出更多细节。届时，美联储还将公布其备受瞩目的通胀和利率预测。\n公司新闻\n1、Facebook首席技术官将离职 硬件部门负责人接任\nFacebook首席技术官Mike Schroepfer周三宣布将离职。到2022年，现任硬件部门Facebook Reality Labs负责人Andrew Bosworth将接替该职位。\n根据Facebook提交的文件，Schroepfer在周一通知Facebook，他打算辞去首席技术官一职。\n2、微软秋季发布会：Surface Pro 8配备雷电4接口 旗舰Laptop Studio支持三种形态\n当地时间周三，微软举行秋季新品发布会，在十月推送Windows 11系统前对Surface Pro等一系列产品线进行升级，包括了四款Surface电脑和最新款的折叠式手机。\n3、一份新报告显示苹果已经售出20亿部iPhone\n根据一份新的报告，苹果已经售出20亿部iPhone。2021年，苹果公司的iPhone阵容更加多样化，该公司瞄准了各种价格档次。在iPhone 13系列发布后不久，苹果公司对某些机型进行了降价，同时停产了其他机型。\n4、索尼推动并购 印度最大网络娱乐平台或将诞生\n索尼集团印度子公司SPNI和印度最大网络电视平台ZEEL周三表示，双方已签署一项非约束性协议，两家公司将合并，打造印度最大的网络娱乐平台。ZeeL在印度拥有 18% 的收视份额，索尼则拥有8%的份额，合并后新平台的全国收视份额达到26%。这可能就是为什么 ZeeL和SPNI合并后的公司将成为印度最大网络娱乐平台的原因。\n5、“木头姐”趁美股大跌狂扫“便宜货” 目标Coinbase和罗宾汉\n方舟投资掌门人、有着“女股神”之称的凯茜·伍德以在其看好的股票下跌时“逢低买入”而闻名。在周一美股遭到大幅抛售之际，这位华尔街明星基金经理抄底了数十万股Coinbase和Robinhood股票。\n6、特斯拉升级Autopilot辅助驾驶软件：再也不撞警车了\n据报道，特斯拉宣布，已经更新了自动驾驶辅助系统Autopilot，当特斯拉汽车在夜间行驶时检测到”紧急响应车辆“的灯光，可以自动放慢车速。随着2021.24.12版本软件的更新，特斯拉在其Model 3和Model Y车主手册中添加了这一信息。\n7、巴西阿拉比卡咖啡今年或减产近40% 为2009年以来最低\n巴西是全球最大咖啡生产国，但一波又一波的霜冻和干旱导致今年巴西咖啡大幅减产。据机构预测，今年巴西阿拉比卡咖啡产量可能创12年新低。\n以往9月份，巴西咖啡农户将丰收的咖啡豆装满仓库，运输卡车往往需要排队等上一整天才能取到货，但今年巴西咖啡产量如此小，长长的运输队伍几乎消失了。\n8、餐饮软件供应商Toast上市首日大涨56%\n当地时间周三，餐饮软件供应商Toast成功登陆纽交所，最终收盘价较IPO价格涨56.27%，市值站上300亿美元。今年上半年Toast营收翻番至7.04亿美元，但亏损亦从去年的1.25亿美元上升至2.35亿美元。","news_type":1},"isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887728451,"gmtCreate":1632101310173,"gmtModify":1676530700462,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/887728451","repostId":"1102380475","repostType":4,"repost":{"id":"1102380475","kind":"news","pubTimestamp":1632099431,"share":"https://ttm.financial/m/news/1102380475?lang=&edition=fundamental","pubTime":"2021-09-20 08:57","market":"us","language":"en","title":"PayPal: Don't Underestimate This Fintech Leader","url":"https://stock-news.laohu8.com/highlight/detail?id=1102380475","media":"Seeking Alpha","summary":"Summary\n\nThere is room for multiple winners in Fintech, and PayPal is a strong leader.\nDespite the w","content":"<p><b>Summary</b></p>\n<ul>\n <li>There is room for multiple winners in Fintech, and PayPal is a strong leader.</li>\n <li>Despite the well known name, this is a dynamic and innovative company with a high growth trajectory and a large total addressable market opportunity.</li>\n <li>PayPal's robust free cash flow allows it to continually innovate and expand to meet the growing adoption of digital payments in the US and across geographies.</li>\n <li>Fintech is a powerful secular trend. PayPal will continue to benefit handsomely.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe3dc2c83929d964b1f881764459ee81\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>serg3d/iStock Editorial via Getty Images</span></p>\n<p>Fintech is a massive growing secular trend, and PayPal (PYPL) will continue to benefit. Despite its more established brand name, PayPal has a very healthy growth rate (as compared to various other fintech companies, as you can see in the chart below). And PayPal's high-cash-flow business will allow it to continually expand into new and valuable digital commerce offerings. In this report, we review the health of PayPal's business, its growth prospects, valuation, risks and then conclude with our opinion on investing.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/070d627d5d8bd5c770ab0d87ce5ec329\" tg-width=\"1097\" tg-height=\"451\" width=\"100%\" height=\"auto\"><span>image source: Our Top 10 Fintech Stocks, Secular Behemoths in the Making</span></p>\n<p><b>Overview</b></p>\n<p>PayPal Holdings (PYPL) is a digital payments company and a technology platform that enables digital and mobile payments on behalf of consumers and merchants worldwide. The company facilitates digital payments through its proprietary payment platforms, including the core PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle and Hyperwallet products and services; person-to-person (P2P) payments through PayPal, Venmo and Xoom; and offers personalized shopping experiences for consumers through the Honey Platform. The following is a snapshot of the PayPal family of brands.</p>\n<p><img src=\"https://static.tigerbbs.com/0fc9bf8e3b21be20c65361e155f4dc85\" tg-width=\"726\" tg-height=\"773\" width=\"100%\" height=\"auto\"></p>\n<p>As of 2Q21, PayPal had 403 million active accounts, including 32 million active merchant accounts, on its platform. It processed more than $1.1 trillion of total payment volume (TPV) and generated $23.8 billion in revenues in the last twelve months to June 2021 (2020 revenues were $21.5 billion). The company conducts its operations in more than 200 countries around the globe - the US and UK are its two largest geographies, accounting for 51% and 11% of its revenues.</p>\n<p><b>Compelling, Two-Sided Network</b></p>\n<p>Through a continuous focus on research and development and an aggressive approach to acquiring companies (that fit into its portfolio of offerings), PayPal has built a compelling two-sided network of end-to-end product offerings that enables it to offer a compelling value proposition to consumers and merchants alike. This is unlike most digital payments companies that cater to either the consumer or the merchant.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1662f9fa5dfac6bdb6632a876f953de8\" tg-width=\"640\" tg-height=\"354\" width=\"100%\" height=\"auto\"><span>Source: PayPal 2020 Annual Report</span></p>\n<p>Consumers use PayPal's solutions to fulfill a variety of their digital, mobile and in-store payment needs. This includes safely sending payments for online and offline purchases to merchants using a variety of funding sources (such as bank account, PayPal Cash or Cash Plus account balance, Venmo account balance, consumer credit products, debit or credit cards, or other stored value products such as coupons, gift cards and eligible credit card rewards), as well as domestic and international P2P fund transfers. Consumers in certain markets such as the US, UK, France and Germany also have access to PayPal Credit products, which they can use as potential funding source for payments at checkout. The Credit products allow the company to increase engagement with consumers and merchants on its two-sided network.</p>\n<p>Merchants, on the other hand, get access to a fully integrated omni-channel digital commerce experience. The platform powers all aspects of a merchants' digital checkout capability, and as it employs a technology and platform-agnostic approach, merchants of all sizes can easily provide digital checkout online, on mobile devices and in-store across all platforms and devices, and can securely receive payments from their customers. Merchants also benefit from other helpful tools and services such as access to credit solutions, fraud prevention and risk management solutions, proprietary protection programs against losses, and data analytics that help them attract new customers and improve sales conversions.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d87b7084febf3b390fecedb887d3333f\" tg-width=\"640\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>* Updated to reflect the most rent number of active accounts Source: Investor Day Presentation, 2021</span></p>\n<p>Having such a two-sided network brings in immense benefits to PayPal, of which the most important is the visibility that the company has over both parties in every transaction. This enables PayPal to gain critical insights into both the demand side of consumers and the supply side of merchants, and it helps PayPal cross sell a number of products and services by matching their individual needs. Further, having millions of users on both the sides of the network creates a magnetic effect of attracting even more new consumers and new merchants on the platform, making it all the more valuable. For that matter, the number of active users, both consumers and merchants, as well as the TPV on PayPal's platform have grown at a staggering pace over the years, and are expected keep up the pace of growth in the future, as we can see from the following charts.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1b880f609acbf7530fab422e4397c9c\" tg-width=\"532\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>Source: Investor Day Presentation, 2021, 2Q21 10-Q</span></p>\n<p>Worth noting, the number of payment transactions per active account has also continued to increase, showcasing the enhanced levels of customer engagement on PayPal's platform (all as a result of the platform's strong value proposition).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f460835a5508f40552c5b63b381c6087\" tg-width=\"640\" tg-height=\"247\" width=\"100%\" height=\"auto\"><span>Source: Investor Day Presentation, 2021, 2Q21 10-Q</span></p>\n<p><b>Massive TAM, Robust Growth Roadmap</b></p>\n<p>PayPal estimates that it has a massive Total Addressable Market (TAM) opportunity of ~$110 trillion in TPV, spread across a broad spectrum of service areas, including online and in-store retail, P2P, B2C, etc.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/43f9b7844b9034f442abe34658891f38\" tg-width=\"640\" tg-height=\"297\" width=\"100%\" height=\"auto\"><span>Source: Investor Day Presentation 2021</span></p>\n<p>The growth of e-commerce and the increasing merchant adoption of new modes of payments such as e-wallets, QR codes and mobile apps, have caused the use of cash to decline steadily over the past decade. This trend was further accelerated in 2020 (as we can see from the chart below) as the COVID-19 pandemic advanced digital penetration by a few years and caused an unprecedented increase in online spending. PayPal, with its technology, massive scale and brand image has been at the forefront of cashing in on this trend.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/645a580d14b3b92068f6145337974fa4\" tg-width=\"640\" tg-height=\"271\" width=\"100%\" height=\"auto\"><span>Source: Investor Day Presentation, 2021</span></p>\n<p>Looking ahead, PayPal has a number of opportunities to keep benefiting from the aforementioned secular trend and to grow in its massive market to keep its robust growth intact. Driving the longer-term growth would be the consumer super app, through which PayPal aims to offer a host of consumer services under one roof, beyond just mobile payments. To name a few, these would include basic consumer financial services such as high-yield savings, bill pay, subscription management, budgeting tool sets, and direct deposit capabilities, to name a few.; enhanced commerce facilities for merchants; as well as crypto support, subscription management, and buy now, pay later (BNPL) functionality.</p>\n<p>Venmo, PayPal's P2P payments app, which currently accounts for only under 4% of the company's total revenues, has been rapidly evolving into a multifaceted platform with the introduction of a number of new offerings such as credit card, business card, as well as share and crypto trading. Venmo primarily targets the millennial population and already has a high market share of this demographic area. As it becomes the digital wallet of the future, it has immense opportunities to monetize the new functionalities, and have a higher share in PayPal's total revenues and contribute more to the bottom line in the future. At the&nbsp;Bank of America Merrill Lynch 2021 Global Technology Conference, the company's CEO Dan Schulman pointed out:</p>\n<blockquote>\n <i>Venmo is like a nascent PayPal of like 5 or 6 years ago. If you look at a TPV annualized of Venmo and you look at the TPV of PayPal 5 or 6 years ago, they are equivalent. And the ability to monetize that user base, that growth rate is so exciting for us. I mean, we are just scratching the surface right now.</i>\n</blockquote>\n<p>Pay-in-4, PayPal's BNPL product, which lets consumers pay for any item priced between $30 and $600 in four installments in six weeks, without interest, is another offering that provides immense growth opportunities for PayPal, partly due to the sheer number of users on PayPal's platform. Since its initial launch in mid-2020, 650k merchants and 7 million consumers have taken part in more than 20 million BNPL transactions, generating ~$3.5 billion of TPV for the company.</p>\n<p>To further bolster its BNPL offering, PayPal recently&nbsp;announced the acquisition of Paidy, a pioneer of buy now, pay later in Japan, for $2.7 billion. The acquisition puts PayPal in a very strong position to capture additional market share in this evolving space, while also expanding PayPal's capabilities, distribution and relevance in the domestic payments market in Japan, the third largest ecommerce market in the world. Paidy already has over six million registered users, more than 700K merchants, and is accepted by most e-commerce sites including Amazon (AMZN), Shopify (SHOP) and Rakuten(OTCPK:RKUNY)&nbsp;in Japan.</p>\n<p>Additionally, PayPal is the first foreign payments company to 100% own domestic payments license inside China. It has already built productive relationships with financial institutions and players inside China, such as China Post, China UnionPay, some of the banks, as well as with tech companies such as Alibaba (BABA). Given the sheer volume of e-commerce in China, PayPal has an immense growth opportunity in the largest retail market in the world.</p>\n<p><b>eBay Migration a Long-Anticipated One-Off Negative Impact, Core Growth Metrics and Margins on Track</b></p>\n<p>TheeBay marketplace is exiting from the PayPal platform as it has been migrating to its own payment solutions, with Adyen as its primary payments processing partner. PayPal stopped serving theeBay marketplaces during 2Q21, and has now become just one of the payment options oneBay. While PayPal has always accounted for the impact of the loss of business fromeBay, the loss was larger than anticipated during 2Q21 (eBay had ~8 percentage point headwind on 2Q21 revenue growth). Even the outlook for the next quarter is pointing towards a deceleration in revenue growth -eBay is expected to have a meaningful 8.5 percentage point headwind to revenue growth in 3Q21.</p>\n<p>Nonetheless, the company's core growth metrics remain strong, as it raised its TPV growth outlook for 2021 to 33% to 35%, and continues to expect a robust 20% revenue growth in 2021 (despite ~7 percentage point headwind to revenue growth fromeBay). For that matter, the TPV fromeBay is now under 4% of PayPal's total TPV vs. over 17% in 2016, and is expected to fall to less than 3% by the end of the year. Given the already low volumes, any further declines in volumes, if at all, will have minimal impact on PayPal's revenues. Also worth noting,eBay has been a drag on PayPal's growth historically, as shown by the following charts.</p>\n<p><img src=\"https://static.tigerbbs.com/ea8b42f2941d4c6cf9f170d877aaf690\" tg-width=\"640\" tg-height=\"158\" width=\"100%\" height=\"auto\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9c147852657a7d8c586f539e3b8e387\" tg-width=\"640\" tg-height=\"182\" width=\"100%\" height=\"auto\"><span>Source: 2Q21 Investor Presentation</span></p>\n<p>On the margin front, migration fromeBay has had a positive impact on the operating margins, as noted by management in&nbsp;2Q21 earnings call:</p>\n<blockquote>\n <i>As eBay's contribution to our revenue declined from 22% to 13%, we've expanded our operating margin 500 basis points given the accelerated pace of migration in 2021. There is a more pronounced effect on our operating margin and earnings growth profile this year.</i>\n</blockquote>\n<p>Going forward, PayPal continues to expect flat to marginal improvements in its operating margins, as investing for growth remains its key focus area.</p>\n<blockquote>\n <i>We said this year that we expect to have flat, maybe some marginal improvement in our margins. But as we noted at our Investor Day earlier this year, our margins will go up over time, but we want to invest for growth and invest to be that leading digital company, payments company that we know we can be.</i>\n</blockquote>\n<p><b>Solid Balance Sheet, Robust Free Cash Flows</b></p>\n<p>PayPal has a solid balance sheet with $19.4 billion of cash and $8.9 billion long-term debt as of the end of 2Q21. Despite the headwinds from the loss ofeBay business, it continues to expect to generate more than $5 billion in free cash flows in 2021, and double it to $10 billion in 2025. This strong financial position allows it to not only invest incrementally to become an integrated platform in digital commerce, but also to pursue acquisitions that nicely fit into its business model. It also uses its solid cash position to return capital to shareholders in the form of share buybacks. In fact, it has returned over $10 billion in capital to shareholders since its separation fromeBay in 2015.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/43433fe061f08e884c6514d959b34751\" tg-width=\"548\" tg-height=\"288\" width=\"100%\" height=\"auto\"><span>Source: 2Q21 Investor Presentation</span></p>\n<p><b>Valuation</b></p>\n<p>PayPal currently trades at 10.5x forward sales, which we view as very reasonable as compared to its long-term high-growth opportunities.</p>\n<p>For comparison, we have compared PayPal to another attractive digital payments company, Square (SQ), as you can see in the following charts.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e8f4464b8e4a048e6f12526dd3513ef\" tg-width=\"640\" tg-height=\"667\" width=\"100%\" height=\"auto\"><span>image source: YCharts</span></p>\n<p>Both stocks are attractive, but PayPal is the more established player with higher margins (especially after the change in eBay business), higher book value and revenues and market cap.</p>\n<p>Like many tech stocks, PayPal experienced a price surge over the past eighteen months. And after relatively subdued performance in 2Q21 (due toeBay headwinds), its share price still sits below previous highs.</p>\n<p><img src=\"https://static.tigerbbs.com/74fd720d6923b0ff080aa08918900765\" tg-width=\"640\" tg-height=\"408\" width=\"100%\" height=\"auto\"></p>\n<p>Wall street analysts also have a bullish outlook on PayPal, with 87% assigning it a buy or an equivalent rating. The Street's consensus price target of $330 represents ~14% upside potential from the current price.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c5e68df4b7f8a4307c10b0f20c38723\" tg-width=\"640\" tg-height=\"198\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p>\n<p>Risks</p>\n<p><b>Competition:</b>PayPal faces fierce competition from a number of companies in the global payments industry, including established large tech conglomerates such as Google(NASDAQ:GOOG)(GOOGL), Apple (AAPL), Amazon, and Facebook (FB), as well as from digital payment tech companies like Square and Stripe (private) to name a few. Despite the competition, PayPal enjoys a strong competitive position due to its massive scale of operations focused on online payments and digital wallets, plus its strong financial profile.</p>\n<p><b>Extensive Government Regulations and Oversight:</b>Given the nature and geographic reach of PayPal's business, it is subject to complex regulatory requirements, including for banking, credit, deposit taking, cross-border and domestic money transmission, digital payments, cryptocurrency, data protection and AML. Any failure to comply with the laws and regulations may subject it to significant fines and penalties.</p>\n<p><b>Risks from Credit Products:</b>As PayPal offers various credit products to a wide range of consumers and merchants in a number of geographies, it is exposed to the risk of default. Should some of the consumers/merchants default on payment, PayPal's revenues and profits would be negatively impacted.</p>\n<p><b>Conclusion</b></p>\n<p>Fintech currently presents massive secular growth opportunities (as we wrote about in our recent report,3 Top Fintech Stocks: Secular Behemoths in the Making), and PayPal will continue to benefit. Specifically, PayPal has a powerful, high-free-cash-flow business that is growing rapidly and with a large total addressable market opportunity. It also trades at a reasonably attractive valuation as compared to its growth. As such, we've placed PayPal high on our&nbsp;watchlist&nbsp;and may add shares in the near future.</p>\n<p>If you are a growth-oriented investor, PayPal is worth considering for a spot in your prudently concentrated portfolio. As always, disciplined, goal-focused, long-term investing is a winning strategy.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PayPal: Don't Underestimate This Fintech Leader</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\">\nPayPal: Don't Underestimate This Fintech Leader\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-20 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4455985-paypal-pypl-stock-fintech-leader><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThere is room for multiple winners in Fintech, and PayPal is a strong leader.\nDespite the well known name, this is a dynamic and innovative company with a high growth trajectory and a large ...</p>\n\n<a href=\"https://seekingalpha.com/article/4455985-paypal-pypl-stock-fintech-leader\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"source_url":"https://seekingalpha.com/article/4455985-paypal-pypl-stock-fintech-leader","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102380475","content_text":"Summary\n\nThere is room for multiple winners in Fintech, and PayPal is a strong leader.\nDespite the well known name, this is a dynamic and innovative company with a high growth trajectory and a large total addressable market opportunity.\nPayPal's robust free cash flow allows it to continually innovate and expand to meet the growing adoption of digital payments in the US and across geographies.\nFintech is a powerful secular trend. PayPal will continue to benefit handsomely.\n\nserg3d/iStock Editorial via Getty Images\nFintech is a massive growing secular trend, and PayPal (PYPL) will continue to benefit. Despite its more established brand name, PayPal has a very healthy growth rate (as compared to various other fintech companies, as you can see in the chart below). And PayPal's high-cash-flow business will allow it to continually expand into new and valuable digital commerce offerings. In this report, we review the health of PayPal's business, its growth prospects, valuation, risks and then conclude with our opinion on investing.\nimage source: Our Top 10 Fintech Stocks, Secular Behemoths in the Making\nOverview\nPayPal Holdings (PYPL) is a digital payments company and a technology platform that enables digital and mobile payments on behalf of consumers and merchants worldwide. The company facilitates digital payments through its proprietary payment platforms, including the core PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle and Hyperwallet products and services; person-to-person (P2P) payments through PayPal, Venmo and Xoom; and offers personalized shopping experiences for consumers through the Honey Platform. The following is a snapshot of the PayPal family of brands.\n\nAs of 2Q21, PayPal had 403 million active accounts, including 32 million active merchant accounts, on its platform. It processed more than $1.1 trillion of total payment volume (TPV) and generated $23.8 billion in revenues in the last twelve months to June 2021 (2020 revenues were $21.5 billion). The company conducts its operations in more than 200 countries around the globe - the US and UK are its two largest geographies, accounting for 51% and 11% of its revenues.\nCompelling, Two-Sided Network\nThrough a continuous focus on research and development and an aggressive approach to acquiring companies (that fit into its portfolio of offerings), PayPal has built a compelling two-sided network of end-to-end product offerings that enables it to offer a compelling value proposition to consumers and merchants alike. This is unlike most digital payments companies that cater to either the consumer or the merchant.\nSource: PayPal 2020 Annual Report\nConsumers use PayPal's solutions to fulfill a variety of their digital, mobile and in-store payment needs. This includes safely sending payments for online and offline purchases to merchants using a variety of funding sources (such as bank account, PayPal Cash or Cash Plus account balance, Venmo account balance, consumer credit products, debit or credit cards, or other stored value products such as coupons, gift cards and eligible credit card rewards), as well as domestic and international P2P fund transfers. Consumers in certain markets such as the US, UK, France and Germany also have access to PayPal Credit products, which they can use as potential funding source for payments at checkout. The Credit products allow the company to increase engagement with consumers and merchants on its two-sided network.\nMerchants, on the other hand, get access to a fully integrated omni-channel digital commerce experience. The platform powers all aspects of a merchants' digital checkout capability, and as it employs a technology and platform-agnostic approach, merchants of all sizes can easily provide digital checkout online, on mobile devices and in-store across all platforms and devices, and can securely receive payments from their customers. Merchants also benefit from other helpful tools and services such as access to credit solutions, fraud prevention and risk management solutions, proprietary protection programs against losses, and data analytics that help them attract new customers and improve sales conversions.\n* Updated to reflect the most rent number of active accounts Source: Investor Day Presentation, 2021\nHaving such a two-sided network brings in immense benefits to PayPal, of which the most important is the visibility that the company has over both parties in every transaction. This enables PayPal to gain critical insights into both the demand side of consumers and the supply side of merchants, and it helps PayPal cross sell a number of products and services by matching their individual needs. Further, having millions of users on both the sides of the network creates a magnetic effect of attracting even more new consumers and new merchants on the platform, making it all the more valuable. For that matter, the number of active users, both consumers and merchants, as well as the TPV on PayPal's platform have grown at a staggering pace over the years, and are expected keep up the pace of growth in the future, as we can see from the following charts.\nSource: Investor Day Presentation, 2021, 2Q21 10-Q\nWorth noting, the number of payment transactions per active account has also continued to increase, showcasing the enhanced levels of customer engagement on PayPal's platform (all as a result of the platform's strong value proposition).\nSource: Investor Day Presentation, 2021, 2Q21 10-Q\nMassive TAM, Robust Growth Roadmap\nPayPal estimates that it has a massive Total Addressable Market (TAM) opportunity of ~$110 trillion in TPV, spread across a broad spectrum of service areas, including online and in-store retail, P2P, B2C, etc.\nSource: Investor Day Presentation 2021\nThe growth of e-commerce and the increasing merchant adoption of new modes of payments such as e-wallets, QR codes and mobile apps, have caused the use of cash to decline steadily over the past decade. This trend was further accelerated in 2020 (as we can see from the chart below) as the COVID-19 pandemic advanced digital penetration by a few years and caused an unprecedented increase in online spending. PayPal, with its technology, massive scale and brand image has been at the forefront of cashing in on this trend.\nSource: Investor Day Presentation, 2021\nLooking ahead, PayPal has a number of opportunities to keep benefiting from the aforementioned secular trend and to grow in its massive market to keep its robust growth intact. Driving the longer-term growth would be the consumer super app, through which PayPal aims to offer a host of consumer services under one roof, beyond just mobile payments. To name a few, these would include basic consumer financial services such as high-yield savings, bill pay, subscription management, budgeting tool sets, and direct deposit capabilities, to name a few.; enhanced commerce facilities for merchants; as well as crypto support, subscription management, and buy now, pay later (BNPL) functionality.\nVenmo, PayPal's P2P payments app, which currently accounts for only under 4% of the company's total revenues, has been rapidly evolving into a multifaceted platform with the introduction of a number of new offerings such as credit card, business card, as well as share and crypto trading. Venmo primarily targets the millennial population and already has a high market share of this demographic area. As it becomes the digital wallet of the future, it has immense opportunities to monetize the new functionalities, and have a higher share in PayPal's total revenues and contribute more to the bottom line in the future. At the Bank of America Merrill Lynch 2021 Global Technology Conference, the company's CEO Dan Schulman pointed out:\n\nVenmo is like a nascent PayPal of like 5 or 6 years ago. If you look at a TPV annualized of Venmo and you look at the TPV of PayPal 5 or 6 years ago, they are equivalent. And the ability to monetize that user base, that growth rate is so exciting for us. I mean, we are just scratching the surface right now.\n\nPay-in-4, PayPal's BNPL product, which lets consumers pay for any item priced between $30 and $600 in four installments in six weeks, without interest, is another offering that provides immense growth opportunities for PayPal, partly due to the sheer number of users on PayPal's platform. Since its initial launch in mid-2020, 650k merchants and 7 million consumers have taken part in more than 20 million BNPL transactions, generating ~$3.5 billion of TPV for the company.\nTo further bolster its BNPL offering, PayPal recently announced the acquisition of Paidy, a pioneer of buy now, pay later in Japan, for $2.7 billion. The acquisition puts PayPal in a very strong position to capture additional market share in this evolving space, while also expanding PayPal's capabilities, distribution and relevance in the domestic payments market in Japan, the third largest ecommerce market in the world. Paidy already has over six million registered users, more than 700K merchants, and is accepted by most e-commerce sites including Amazon (AMZN), Shopify (SHOP) and Rakuten(OTCPK:RKUNY) in Japan.\nAdditionally, PayPal is the first foreign payments company to 100% own domestic payments license inside China. It has already built productive relationships with financial institutions and players inside China, such as China Post, China UnionPay, some of the banks, as well as with tech companies such as Alibaba (BABA). Given the sheer volume of e-commerce in China, PayPal has an immense growth opportunity in the largest retail market in the world.\neBay Migration a Long-Anticipated One-Off Negative Impact, Core Growth Metrics and Margins on Track\nTheeBay marketplace is exiting from the PayPal platform as it has been migrating to its own payment solutions, with Adyen as its primary payments processing partner. PayPal stopped serving theeBay marketplaces during 2Q21, and has now become just one of the payment options oneBay. While PayPal has always accounted for the impact of the loss of business fromeBay, the loss was larger than anticipated during 2Q21 (eBay had ~8 percentage point headwind on 2Q21 revenue growth). Even the outlook for the next quarter is pointing towards a deceleration in revenue growth -eBay is expected to have a meaningful 8.5 percentage point headwind to revenue growth in 3Q21.\nNonetheless, the company's core growth metrics remain strong, as it raised its TPV growth outlook for 2021 to 33% to 35%, and continues to expect a robust 20% revenue growth in 2021 (despite ~7 percentage point headwind to revenue growth fromeBay). For that matter, the TPV fromeBay is now under 4% of PayPal's total TPV vs. over 17% in 2016, and is expected to fall to less than 3% by the end of the year. Given the already low volumes, any further declines in volumes, if at all, will have minimal impact on PayPal's revenues. Also worth noting,eBay has been a drag on PayPal's growth historically, as shown by the following charts.\n\nSource: 2Q21 Investor Presentation\nOn the margin front, migration fromeBay has had a positive impact on the operating margins, as noted by management in 2Q21 earnings call:\n\nAs eBay's contribution to our revenue declined from 22% to 13%, we've expanded our operating margin 500 basis points given the accelerated pace of migration in 2021. There is a more pronounced effect on our operating margin and earnings growth profile this year.\n\nGoing forward, PayPal continues to expect flat to marginal improvements in its operating margins, as investing for growth remains its key focus area.\n\nWe said this year that we expect to have flat, maybe some marginal improvement in our margins. But as we noted at our Investor Day earlier this year, our margins will go up over time, but we want to invest for growth and invest to be that leading digital company, payments company that we know we can be.\n\nSolid Balance Sheet, Robust Free Cash Flows\nPayPal has a solid balance sheet with $19.4 billion of cash and $8.9 billion long-term debt as of the end of 2Q21. Despite the headwinds from the loss ofeBay business, it continues to expect to generate more than $5 billion in free cash flows in 2021, and double it to $10 billion in 2025. This strong financial position allows it to not only invest incrementally to become an integrated platform in digital commerce, but also to pursue acquisitions that nicely fit into its business model. It also uses its solid cash position to return capital to shareholders in the form of share buybacks. In fact, it has returned over $10 billion in capital to shareholders since its separation fromeBay in 2015.\nSource: 2Q21 Investor Presentation\nValuation\nPayPal currently trades at 10.5x forward sales, which we view as very reasonable as compared to its long-term high-growth opportunities.\nFor comparison, we have compared PayPal to another attractive digital payments company, Square (SQ), as you can see in the following charts.\nimage source: YCharts\nBoth stocks are attractive, but PayPal is the more established player with higher margins (especially after the change in eBay business), higher book value and revenues and market cap.\nLike many tech stocks, PayPal experienced a price surge over the past eighteen months. And after relatively subdued performance in 2Q21 (due toeBay headwinds), its share price still sits below previous highs.\n\nWall street analysts also have a bullish outlook on PayPal, with 87% assigning it a buy or an equivalent rating. The Street's consensus price target of $330 represents ~14% upside potential from the current price.\nSource: Seeking Alpha\nRisks\nCompetition:PayPal faces fierce competition from a number of companies in the global payments industry, including established large tech conglomerates such as Google(NASDAQ:GOOG)(GOOGL), Apple (AAPL), Amazon, and Facebook (FB), as well as from digital payment tech companies like Square and Stripe (private) to name a few. Despite the competition, PayPal enjoys a strong competitive position due to its massive scale of operations focused on online payments and digital wallets, plus its strong financial profile.\nExtensive Government Regulations and Oversight:Given the nature and geographic reach of PayPal's business, it is subject to complex regulatory requirements, including for banking, credit, deposit taking, cross-border and domestic money transmission, digital payments, cryptocurrency, data protection and AML. Any failure to comply with the laws and regulations may subject it to significant fines and penalties.\nRisks from Credit Products:As PayPal offers various credit products to a wide range of consumers and merchants in a number of geographies, it is exposed to the risk of default. Should some of the consumers/merchants default on payment, PayPal's revenues and profits would be negatively impacted.\nConclusion\nFintech currently presents massive secular growth opportunities (as we wrote about in our recent report,3 Top Fintech Stocks: Secular Behemoths in the Making), and PayPal will continue to benefit. Specifically, PayPal has a powerful, high-free-cash-flow business that is growing rapidly and with a large total addressable market opportunity. It also trades at a reasonably attractive valuation as compared to its growth. As such, we've placed PayPal high on our watchlist and may add shares in the near future.\nIf you are a growth-oriented investor, PayPal is worth considering for a spot in your prudently concentrated portfolio. As always, disciplined, goal-focused, long-term investing is a winning strategy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008398077,"gmtCreate":1641354342612,"gmtModify":1676533605317,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Trade with caution","listText":"Trade with caution","text":"Trade with caution","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008398077","repostId":"1165855346","repostType":4,"repost":{"id":"1165855346","kind":"news","pubTimestamp":1641351082,"share":"https://ttm.financial/m/news/1165855346?lang=&edition=fundamental","pubTime":"2022-01-05 10:51","market":"us","language":"en","title":"Jerome Powell’s Confirmation Hearing for Second Term Set for Jan. 11","url":"https://stock-news.laohu8.com/highlight/detail?id=1165855346","media":"Bloomberg","summary":"Powell’s hearing set for Jan. 11, Brainard’s on Jan. 13President Biden still has three seats to fill","content":"<html><head></head><body><ul><li>Powell’s hearing set for Jan. 11, Brainard’s on Jan. 13</li><li>President Biden still has three seats to fill on Fed board</li></ul><p>The Senate Banking Committee will hold separate hearings next week for Jerome Powell on his nomination to a second term as Federal Reserve chair and for Lael Brainard’s elevation to vice chair.</p><p>Powell will appear by himself before the committee on Jan. 11 at 10 a.m. in Washington, the committee said in a notice on its website Tuesday. Brainard, currently a Fed governor, will testify two days later alongside Sandra Thompson, the White House nominee to head the Federal Housing Finance Agency.</p><p>President Joe Biden has three more seats to fill on the board, including a new vice chair for supervision. Those picks, along with Powell and Brainard’s four-year terms for their slots, are all subject to approval by the full Senate.</p><p>Bloomberg News reported Monday that the White House is likely to nominate economist Philip Jefferson for a seat on the Fed’s Board of Governors, according to people familiar with the matter, an appointment that would make him just the fourth Black man to hold the position in the central bank’s more than 100-year history.</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>Jerome Powell’s Confirmation Hearing for Second Term Set for Jan. 11</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\">\nJerome Powell’s Confirmation Hearing for Second Term Set for Jan. 11\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 10:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-04/powell-s-confirmation-hearing-for-second-term-set-for-jan-11?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Powell’s hearing set for Jan. 11, Brainard’s on Jan. 13President Biden still has three seats to fill on Fed boardThe Senate Banking Committee will hold separate hearings next week for Jerome Powell on...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-04/powell-s-confirmation-hearing-for-second-term-set-for-jan-11?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-04/powell-s-confirmation-hearing-for-second-term-set-for-jan-11?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165855346","content_text":"Powell’s hearing set for Jan. 11, Brainard’s on Jan. 13President Biden still has three seats to fill on Fed boardThe Senate Banking Committee will hold separate hearings next week for Jerome Powell on his nomination to a second term as Federal Reserve chair and for Lael Brainard’s elevation to vice chair.Powell will appear by himself before the committee on Jan. 11 at 10 a.m. in Washington, the committee said in a notice on its website Tuesday. Brainard, currently a Fed governor, will testify two days later alongside Sandra Thompson, the White House nominee to head the Federal Housing Finance Agency.President Joe Biden has three more seats to fill on the board, including a new vice chair for supervision. Those picks, along with Powell and Brainard’s four-year terms for their slots, are all subject to approval by the full Senate.Bloomberg News reported Monday that the White House is likely to nominate economist Philip Jefferson for a seat on the Fed’s Board of Governors, according to people familiar with the matter, an appointment that would make him just the fourth Black man to hold the position in the central bank’s more than 100-year history.","news_type":1},"isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816381996,"gmtCreate":1630467151615,"gmtModify":1676530311812,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"title":"ARA worth buying","htmlText":"ARA logistic Trust (K2LU)growth steady&nbsp;with high divided yield&nbsp;","listText":"ARA logistic Trust (K2LU)growth steady&nbsp;with high divided yield&nbsp;","text":"ARA logistic Trust (K2LU)growth steady with high divided yield","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816381996","isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816980448,"gmtCreate":1630460324584,"gmtModify":1676530309058,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Keep Apple","listText":"Keep Apple","text":"Keep Apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816980448","isVote":1,"tweetType":1,"viewCount":817,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834276870,"gmtCreate":1629810928990,"gmtModify":1676530138351,"author":{"id":"3583403892979837","authorId":"3583403892979837","name":"AhTong","avatar":"https://static.tigerbbs.com/6271e61474eeec93d63201296d59cb72","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583403892979837","authorIdStr":"3583403892979837"},"themes":[],"htmlText":"Good stock","listText":"Good stock","text":"Good stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834276870","repostId":"1192610173","repostType":2,"repost":{"id":"1192610173","kind":"news","pubTimestamp":1629809650,"share":"https://ttm.financial/m/news/1192610173?lang=&edition=fundamental","pubTime":"2021-08-24 20:54","market":"us","language":"en","title":"What Jackson Hole Could Mean For Apple Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1192610173","media":"TheStreet","summary":"In late August, the markets could be rocked by monetary policy news coming from Jackson Hole, Wyomin","content":"<p>In late August, the markets could be rocked by monetary policy news coming from Jackson Hole, Wyoming. Here is what Apple stock investors should expect.</p>\n<p>The week of August 23 will likely prove to be an important one in the markets. Starting on Thursday, central bank leaders from around the world will meet virtually to talk about monetary policy during a traditional&nbsp;event&nbsp;often referred to simply as “Jackson Hole”.</p>\n<p>Today, the Apple Maven discusses how the upcoming meeting of central bankers could impact Apple stock’s&nbsp;performance in the last few trading sessions of August.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb09ec199963ac68c7742982748bf7a0\" tg-width=\"1200\" tg-height=\"800\" width=\"100%\" height=\"auto\"><span>Figure 1: Federal Reserve Chair Jerome Powell in a screen display at NYSE.</span></p>\n<p><b>The interest rate risk</b></p>\n<p>There seems to be a consensus that Federal Reserve chairman Jerome Powell will do little to “rock the boat” this week. Easing off on monetary stimulus is widely expected to occur over the next several months, but few seem confident that Mr. Powell will announce a change in policy as early as August.</p>\n<p>Still, the risk that the Fed will start to scale back its asset purchases later this year is real. Analysts will probably dissect Jerome Powell’s keynote speech, on Friday, in search for clues on the exact timing. Comments perceived to be hawkish could send yields higher – the 10-year treasury rate is only 1.3%.</p>\n<p>If recent history can serve as a guide,climbing yields tend to be bad news&nbsp;for growth stocks. Below are the main reasons why this is the case, as previously discussed on this channel:</p>\n<blockquote>\n “First, monetary tightening is a negative for consumption, everything else held constant. Second, a higher discount rate makes Apple’s far-out financial results less valuable in present value terms.”\n</blockquote>\n<p>For instance, the 10-year rate shot up from around 1% to nearly 1.5% in February alone. Probably not a coincidence, AAPL sank 8% that same month, while the value-rich Dow index managed to reach higher.</p>\n<p><b>Brace for possible volatility</b></p>\n<p>Regardless of which way the stock market may head following the Jackson Hole symposium, volatility could rise as August comes to a close. This is the case because speculation, both on the bullish and bearish sides of the argument, tends to increase around important events like this.</p>\n<p>Volatility is both good and bad news for Apple stock. Market jitters can be uncomfortable for many investors, and some might be tempted to sell or trim their positions after a selloff. On the other hand, a possible pullback that is unrelated to the company’s fundamentals could open an opportunity to buy AAPL on weakness.</p>\n<p>This is precisely what happened in mid-June, following an important Federal Reserve meeting that the market perceived as hawkish. Those&nbsp;who bought AAPL at those levels, a move defended by the Apple Maven, saw the value of their investment rise by 14% in a matter of only about 10 weeks.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Jackson Hole Could Mean For Apple 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\">\nWhat Jackson Hole Could Mean For Apple Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 20:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/what-jackson-hole-could-mean-for-apple-stock><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In late August, the markets could be rocked by monetary policy news coming from Jackson Hole, Wyoming. Here is what Apple stock investors should expect.\nThe week of August 23 will likely prove to be ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/what-jackson-hole-could-mean-for-apple-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/news/what-jackson-hole-could-mean-for-apple-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192610173","content_text":"In late August, the markets could be rocked by monetary policy news coming from Jackson Hole, Wyoming. Here is what Apple stock investors should expect.\nThe week of August 23 will likely prove to be an important one in the markets. Starting on Thursday, central bank leaders from around the world will meet virtually to talk about monetary policy during a traditional event often referred to simply as “Jackson Hole”.\nToday, the Apple Maven discusses how the upcoming meeting of central bankers could impact Apple stock’s performance in the last few trading sessions of August.\nFigure 1: Federal Reserve Chair Jerome Powell in a screen display at NYSE.\nThe interest rate risk\nThere seems to be a consensus that Federal Reserve chairman Jerome Powell will do little to “rock the boat” this week. Easing off on monetary stimulus is widely expected to occur over the next several months, but few seem confident that Mr. Powell will announce a change in policy as early as August.\nStill, the risk that the Fed will start to scale back its asset purchases later this year is real. Analysts will probably dissect Jerome Powell’s keynote speech, on Friday, in search for clues on the exact timing. Comments perceived to be hawkish could send yields higher – the 10-year treasury rate is only 1.3%.\nIf recent history can serve as a guide,climbing yields tend to be bad news for growth stocks. Below are the main reasons why this is the case, as previously discussed on this channel:\n\n “First, monetary tightening is a negative for consumption, everything else held constant. Second, a higher discount rate makes Apple’s far-out financial results less valuable in present value terms.”\n\nFor instance, the 10-year rate shot up from around 1% to nearly 1.5% in February alone. Probably not a coincidence, AAPL sank 8% that same month, while the value-rich Dow index managed to reach higher.\nBrace for possible volatility\nRegardless of which way the stock market may head following the Jackson Hole symposium, volatility could rise as August comes to a close. This is the case because speculation, both on the bullish and bearish sides of the argument, tends to increase around important events like this.\nVolatility is both good and bad news for Apple stock. Market jitters can be uncomfortable for many investors, and some might be tempted to sell or trim their positions after a selloff. On the other hand, a possible pullback that is unrelated to the company’s fundamentals could open an opportunity to buy AAPL on weakness.\nThis is precisely what happened in mid-June, following an important Federal Reserve meeting that the market perceived as hawkish. Those who bought AAPL at those levels, a move defended by the Apple Maven, saw the value of their investment rise by 14% in a matter of only about 10 weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}