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10-30

If Trump wins the next election, will Palantir survive?

Palantir: High Expectations, Narrow Path To Outperformance

07-02

$NVIDIA Corp(NVDA)$ Stock is resonating based on market amplification of the surge on the risk of growing fast. But Nvidia stock will eventually will rally its way up around 200ish in the coming early August as the spending pool of customers will surge in late Q3-Q4. And easing of the election battle will have some ripple but not to the customer market segments. So looking forward for Nvidia to stabilize in the next 1-2 months before its shows the fundamental truth of its valued product outcome that will boost the stock growth above 200ish🥳🥳🥳

2023-11-11

$Microsoft(MSFT)$ Rock

2023-04-11

Ok

3 Great Stocks That Are Oozing Cash Flow

2023-03-05

Ok //@kungpao:Grace Groner! Groner turned $180 into $7M by buying $Abbott Laboratories(ABT)$. She held onto them and reinvesting the dividends for over 70 years. She then donated all of her fortune. Financial success is not just about how much you earn, but also about how wisely you manage and invest your money. Happy International Women's Day, Tigresses!

@TigerEvents:[Events] Celebrate International Women's Day with Tiger

2023-03-04

Ok

C3.ai, Samsara, Zscaler, First Solar, Apple, and More Stock Market Movers Today

2023-03-04

Expected

Why Meta's Dropping Prices for Its VR Headsets

2023-03-04

Ok

Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs

2023-03-04

What 😵‍💫

Airbnb Cuts Recruiting Staff By 30%

2023-03-04

Scary

Biden Has Big Plans for Semiconductor Clusters — Will Companies Play Along?

2023-02-27

One of the best

Buffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills

2023-02-25

Ok

Hot Chinese ADRs Dropped in Morning Trading

2023-02-25

Yes

Apple Expected to Release Second-Generation Mixed-Reality Headsets in 2025: Analyst

2023-02-13

[What] [Cool] [Cry]

@ChrisColeman:$Rivian Automotive, Inc.(RIVN)$ is by far the strongest EV start up. NO competition as far as the 3 row SUV, every hot soccer mom from here to Kansas is going to have one, and they have more electric trucks than ANYONE on the road right now. $Ford(F)$ only has13,258 lightenings on the road. Seen any cyber trucks out there?

2023-02-13

Nice

@ChrisColeman:$Rivian Automotive, Inc.(RIVN)$ is by far the strongest EV start up. NO competition as far as the 3 row SUV, every hot soccer mom from here to Kansas is going to have one, and they have more electric trucks than ANYONE on the road right now. $Ford(F)$ only has13,258 lightenings on the road. Seen any cyber trucks out there?

2023-01-24

$Tesla Motors(TSLA)$ Strangled but survived

2023-01-13

Keppel news good or bad?

Singapore Stocks to Watch: UOB, Keppel Corp, Lian Beng

2023-01-13

Power

BBBY, Logitech, American Airlines, Disney and More Stock: These Stocks Are Moving the Most Thursday

2023-01-10

Ok

Singapore Stocks to Watch: Olam, Tan Chong, Sats, Civmec

2023-01-08

Nice

3 Top Tech Stocks to Buy in January

Go to Tiger App to see more news

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Trump wins the next election, will Palantir survive?","listText":"If Trump wins the next election, will Palantir survive?","text":"If Trump wins the next election, will Palantir survive?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365593888784504","repostId":"2479434466","repostType":2,"repost":{"id":"2479434466","kind":"highlight","pubTimestamp":1730182659,"share":"https://ttm.financial/m/news/2479434466?lang=&edition=fundamental","pubTime":"2024-10-29 14:17","market":"sh","language":"en","title":"Palantir: High Expectations, Narrow Path To Outperformance","url":"https://stock-news.laohu8.com/highlight/detail?id=2479434466","media":"seekingalpha","summary":"Palantir’s Q3 2024 revenue is expected to fall between $697 million and $701 million, indicating roughly 26% year-over-year growth.Free cash flow margins remain solid, and capital expenditures are low","content":"<html><head></head><body><ul><li><p>Palantir’s Q3 2024 revenue is expected to fall between $697 million and $701 million, indicating roughly 26% year-over-year growth.</p></li><li><p>Free cash flow margins remain solid, and capital expenditures are low due to Palantir&#39;s software-focused business model.</p></li><li><p>Palantir’s continued expansion in the commercial sector, especially in healthcare and finance, is crucial for sustaining revenue growth.</p></li><li><p>The strongest case against Palantir is its high valuation, which requires sustained 30%+ revenue growth to justify.</p></li><li><p>I recommend holding Palantir stock until it demonstrates consistent growth in both revenue and free cash flow to justify its premium valuation.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/383efe51df7f8cfa9ebabfacdbbd0ee4\" data-align=\"center\" tg-width=\"750\" tg-height=\"500\"/><span></span></p><p></p><p>Judging by its underlying metrics, <strong><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a></strong> (NYSE:PLTR) is vastly &#34;overvalued.&#34;</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d202a534f5fc285deada32312a2ad699\" data-align=\"center\" tg-width=\"551\" tg-height=\"157\"/><span></span></p><p></p><p>However, this does not say much or provide any insight. Rather, I am more interested in determining what implicit assumptions about Palantir&#39;s future growth and profitability the market currently has. In order to find out, I&#39;ve conducted a discounted cash flow [DCF] analysis on Palantir. This involves (1) projecting free cash flows for 8 years with expected growth rates, (2) estimating the value of all future cash flows beyond year 8 using the terminal growth rate, and (3) discounting both the projected cash flows and the terminal value back to the present value using the discount rate (CAPM). Let&#39;s walk through it.</p><p>First, let&#39;s look at analyst expectations for Palantir in 2025.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/027dcd5882e190c9e249a730cf35a0fe\" data-align=\"center\" tg-width=\"250\" tg-height=\"124\"/><span></span></p><p></p><p>The free cash flow and FCF margin are implied by Palantir&#39;s market capitalization and P/FCF. Judging by historical performance (in the trailing twelve months, Palantir&#39;s FCF margin was 28.09%), these results are probably the bare minimum of what Palantir will achieve next year.</p><p>Next, I have to determine what growth rate and FCF margin give us a total estimated value that is similar to Palantir&#39;s current valuation. This reveals the implicit assumptions the market is making about Palantir&#39;s future. From there, readers can determine whether or not they think these expectations are reasonable.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/15c570bac32165cfa868dabb3b848b61\" data-align=\"center\" tg-width=\"309\" tg-height=\"264\"/><span></span></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c09d02a2e3247b4df98fbefac9b5e9f6\" data-align=\"center\" tg-width=\"250\" tg-height=\"61\"/><span></span></p><p></p><p>This actually wasn&#39;t difficult to ascertain because this is what Palantir is nearing (30% revenue growth and FCF margins). From this perspective, Palantir&#39;s valuation does not appear ludicrous. Instead, the mystery surrounds whether or not the company has the goods to deliver such results over an extended period of time. By doing so, Palantir would join very rare company - the likes of NVIDIA Corporation (NVDA), Tesla, Inc. (TSLA), Alphabet Inc. (GOOGL), Amazon.com, Inc. (AMZN), and <a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a> (META). These companies did not achieve sustained 30%+ revenue growth by mistake; they benefited from significant network effects, scalable business models, international expansion, and entry into new high-growth markets.</p><p>In Q2, Palantir&#39;s $678.13 million in revenue beat by $25.71 million and represented 27.15% YoY growth. The beat was due, in large part, to Palantir&#39;s massive US commercial growth. Recall that Palantir provides data analytics and software platforms to help organizations integrate, analyze, and visualize vast amounts of data. Its government platform, Gotham, is focused on defense and intelligence. As we have seen in the past with applications such as the internet, GPS, drones, and microwaves, technology that was initially used by the government can later be found to be useful in the market. The same appears to be occurring with Palantir&#39;s Foundry, which is intended for commercial enterprises and includes big-name clients like BP, Ferrari, and Merck, spanning many industries (energy, automotive, and pharmaceuticals, respectively). Indeed, Palantir&#39;s US commercial revenue increased 55% year-on-year. Furthermore, the government continues to find applications for Gotham, with revenues increasing 23% YoY. Cash from operations totaled $144.2 million. Capital expenditures remain low at $2.9 million. This is good for a GAAP FCF margin of 20.8% (Palantir&#39;s &#34;adjusted&#34; FCF margin was 22%). Recall that <em>FCF margin = (operating cash flow - CapEx / revenue) x 100</em>. Palantir&#39;s low CapEx is partially attributed to the nature of their software-centric business and dependency on third-party cloud infrastructures like AWS and Azure.</p><p>Palantir is expected to announce Q3 earnings on 11/4 (post-market). The current revenue estimate is $704 million with an EPS of $0.04. This would represent YoY revenue growth of 26.2%. Recall that Palantir guided Q3 revenue between $697 million and $701 million.</p><h2>Financial Health</h2><p>As of June 30, Palantir reported $512.659 million in cash and cash equivalents. Marketable securities totaled $3.485 billion. Total current assets were $4.773 billion, while total current liabilities were just $806.919 million. This implies a current ratio well over 2.0, which indicates that the company can readily cover any short-term obligations. The company is without significant long-term debt.</p><p>They are profitable and enjoy superior margins.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c0f8a4dfca23c3e72696a291d661c279\" data-align=\"center\" tg-width=\"309\" tg-height=\"77\"/><span></span></p><p></p><p>Here&#39;s a look at some key trends during the past few years:</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/eac99682270e81a7a58189df394e75cf\" data-align=\"center\" tg-width=\"635\" tg-height=\"456\"/><span></span></p><p></p><h2><strong>PLTR Stock: High Expectations, Narrow Path to Outperformance</strong></h2><p>Now valued at over $100 billion, PLTR is priced for significant performance. For PLTR to be a worthwhile investment, it has to outperform its expected annual return (derived from CAPM) of 10.29%. Let&#39;s look at how differences in growth, margins, and valuation metrics impact potential returns.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/af3dba358973b3749bb50c7fa644875b\" data-align=\"center\" tg-width=\"493\" tg-height=\"212\"/><span></span></p><p>As you can see, the path to <em>annual returns greater than expected annual returns</em> is likely to narrow at this time. Moreover, although close, Palantir has not yet demonstrated an ability to sustain 30% YoY revenue growth and 30% FCF margins. I believe these figures are major inflection points (look at how the EV jumps from $62B to $99.8B). It&#39;s also important to note that stock returns are also dependent on how the market <em>perceives</em> the stock (P/FCF), which is inherently unpredictable and can drastically change at a moment&#39;s notice. It also depends on external factors such as the economy and sector trends, but one can assume PLTR will continue to trade at a premium so long as its revenue growth outpaces the sector median of 6.19%.</p><p>Looking ahead to Q3 earnings, Palantir will need to continue to show rapid growth in the commercial segment. Growth in this segment is critical for diversifying its revenue base beyond government contracts and establishing a stronger presence in high-margin industries such as healthcare, energy, and finance, where they presumably have greater pricing power. This expansion is critical for justifying its premium multiples, particularly as competition in the AI and big data analytics space heats up. Competitors in the enterprise AI and analytics space include <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> Inc. (SNOW) and Databricks, alongside giants like Amazon, <a href=\"https://laohu8.com/S/IBM\">IBM</a>, Google, and Microsoft. Notably, companies like Google and Microsoft have the benefit of being more &#34;vertically integrated&#34; than Palantir due to their ownership of cloud infrastructure. This grants them a distinct competitive edge in cost control, scalability, and end-to-end service integration across products. Palantir does have the benefits of network effects (where the system&#39;s effectiveness grows with time and scale), reputation (from dealing with sensitive, high-stakes data problems), and AI expertise to become the next &#34;super company,&#34; and the stock rally could, feasibly, still be in its early stages. However, until the company demonstrates the ability to deliver the growth and margins required to sustain such a lofty valuation, I believe it is best to proceed with caution (&#34;hold&#34;) until, ironically, we have more data available.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir: High Expectations, Narrow Path To Outperformance</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\">\nPalantir: High Expectations, Narrow Path To Outperformance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-29 14:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4730204-palantir-high-expectations-narrow-path-to-outperformance><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir’s Q3 2024 revenue is expected to fall between $697 million and $701 million, indicating roughly 26% year-over-year growth.Free cash flow margins remain solid, and capital expenditures are low...</p>\n\n<a href=\"https://seekingalpha.com/article/4730204-palantir-high-expectations-narrow-path-to-outperformance\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4730204-palantir-high-expectations-narrow-path-to-outperformance","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2479434466","content_text":"Palantir’s Q3 2024 revenue is expected to fall between $697 million and $701 million, indicating roughly 26% year-over-year growth.Free cash flow margins remain solid, and capital expenditures are low due to Palantir's software-focused business model.Palantir’s continued expansion in the commercial sector, especially in healthcare and finance, is crucial for sustaining revenue growth.The strongest case against Palantir is its high valuation, which requires sustained 30%+ revenue growth to justify.I recommend holding Palantir stock until it demonstrates consistent growth in both revenue and free cash flow to justify its premium valuation.Judging by its underlying metrics, Palantir Technologies Inc. (NYSE:PLTR) is vastly \"overvalued.\"However, this does not say much or provide any insight. Rather, I am more interested in determining what implicit assumptions about Palantir's future growth and profitability the market currently has. In order to find out, I've conducted a discounted cash flow [DCF] analysis on Palantir. This involves (1) projecting free cash flows for 8 years with expected growth rates, (2) estimating the value of all future cash flows beyond year 8 using the terminal growth rate, and (3) discounting both the projected cash flows and the terminal value back to the present value using the discount rate (CAPM). Let's walk through it.First, let's look at analyst expectations for Palantir in 2025.The free cash flow and FCF margin are implied by Palantir's market capitalization and P/FCF. Judging by historical performance (in the trailing twelve months, Palantir's FCF margin was 28.09%), these results are probably the bare minimum of what Palantir will achieve next year.Next, I have to determine what growth rate and FCF margin give us a total estimated value that is similar to Palantir's current valuation. This reveals the implicit assumptions the market is making about Palantir's future. From there, readers can determine whether or not they think these expectations are reasonable.This actually wasn't difficult to ascertain because this is what Palantir is nearing (30% revenue growth and FCF margins). From this perspective, Palantir's valuation does not appear ludicrous. Instead, the mystery surrounds whether or not the company has the goods to deliver such results over an extended period of time. By doing so, Palantir would join very rare company - the likes of NVIDIA Corporation (NVDA), Tesla, Inc. (TSLA), Alphabet Inc. (GOOGL), Amazon.com, Inc. (AMZN), and Meta Platforms, Inc. (META). These companies did not achieve sustained 30%+ revenue growth by mistake; they benefited from significant network effects, scalable business models, international expansion, and entry into new high-growth markets.In Q2, Palantir's $678.13 million in revenue beat by $25.71 million and represented 27.15% YoY growth. The beat was due, in large part, to Palantir's massive US commercial growth. Recall that Palantir provides data analytics and software platforms to help organizations integrate, analyze, and visualize vast amounts of data. Its government platform, Gotham, is focused on defense and intelligence. As we have seen in the past with applications such as the internet, GPS, drones, and microwaves, technology that was initially used by the government can later be found to be useful in the market. The same appears to be occurring with Palantir's Foundry, which is intended for commercial enterprises and includes big-name clients like BP, Ferrari, and Merck, spanning many industries (energy, automotive, and pharmaceuticals, respectively). Indeed, Palantir's US commercial revenue increased 55% year-on-year. Furthermore, the government continues to find applications for Gotham, with revenues increasing 23% YoY. Cash from operations totaled $144.2 million. Capital expenditures remain low at $2.9 million. This is good for a GAAP FCF margin of 20.8% (Palantir's \"adjusted\" FCF margin was 22%). Recall that FCF margin = (operating cash flow - CapEx / revenue) x 100. Palantir's low CapEx is partially attributed to the nature of their software-centric business and dependency on third-party cloud infrastructures like AWS and Azure.Palantir is expected to announce Q3 earnings on 11/4 (post-market). The current revenue estimate is $704 million with an EPS of $0.04. This would represent YoY revenue growth of 26.2%. Recall that Palantir guided Q3 revenue between $697 million and $701 million.Financial HealthAs of June 30, Palantir reported $512.659 million in cash and cash equivalents. Marketable securities totaled $3.485 billion. Total current assets were $4.773 billion, while total current liabilities were just $806.919 million. This implies a current ratio well over 2.0, which indicates that the company can readily cover any short-term obligations. The company is without significant long-term debt.They are profitable and enjoy superior margins.Here's a look at some key trends during the past few years:PLTR Stock: High Expectations, Narrow Path to OutperformanceNow valued at over $100 billion, PLTR is priced for significant performance. For PLTR to be a worthwhile investment, it has to outperform its expected annual return (derived from CAPM) of 10.29%. Let's look at how differences in growth, margins, and valuation metrics impact potential returns.As you can see, the path to annual returns greater than expected annual returns is likely to narrow at this time. Moreover, although close, Palantir has not yet demonstrated an ability to sustain 30% YoY revenue growth and 30% FCF margins. I believe these figures are major inflection points (look at how the EV jumps from $62B to $99.8B). It's also important to note that stock returns are also dependent on how the market perceives the stock (P/FCF), which is inherently unpredictable and can drastically change at a moment's notice. It also depends on external factors such as the economy and sector trends, but one can assume PLTR will continue to trade at a premium so long as its revenue growth outpaces the sector median of 6.19%.Looking ahead to Q3 earnings, Palantir will need to continue to show rapid growth in the commercial segment. Growth in this segment is critical for diversifying its revenue base beyond government contracts and establishing a stronger presence in high-margin industries such as healthcare, energy, and finance, where they presumably have greater pricing power. This expansion is critical for justifying its premium multiples, particularly as competition in the AI and big data analytics space heats up. Competitors in the enterprise AI and analytics space include Snowflake Inc. (SNOW) and Databricks, alongside giants like Amazon, IBM, Google, and Microsoft. Notably, companies like Google and Microsoft have the benefit of being more \"vertically integrated\" than Palantir due to their ownership of cloud infrastructure. This grants them a distinct competitive edge in cost control, scalability, and end-to-end service integration across products. Palantir does have the benefits of network effects (where the system's effectiveness grows with time and scale), reputation (from dealing with sensitive, high-stakes data problems), and AI expertise to become the next \"super company,\" and the stock rally could, feasibly, still be in its early stages. However, until the company demonstrates the ability to deliver the growth and margins required to sustain such a lofty valuation, I believe it is best to proceed with caution (\"hold\") until, ironically, we have more data available.","news_type":1},"isVote":1,"tweetType":1,"viewCount":19,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323116579475656,"gmtCreate":1719916371104,"gmtModify":1719916374911,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> Stock is resonating based on market amplification of the surge on the risk of growing fast. But Nvidia stock will eventually will rally its way up around 200ish in the coming early August as the spending pool of customers will surge in late Q3-Q4. And easing of the election battle will have some ripple but not to the customer market segments. So looking forward for Nvidia to stabilize in the next 1-2 months before its shows the fundamental truth of its valued product outcome that will boost the stock growth above 200ish🥳🥳🥳","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> Stock is resonating based on market amplification of the surge on the risk of growing fast. But Nvidia stock will eventually will rally its way up around 200ish in the coming early August as the spending pool of customers will surge in late Q3-Q4. And easing of the election battle will have some ripple but not to the customer market segments. So looking forward for Nvidia to stabilize in the next 1-2 months before its shows the fundamental truth of its valued product outcome that will boost the stock growth above 200ish🥳🥳🥳","text":"$NVIDIA Corp(NVDA)$ Stock is resonating based on market amplification of the surge on the risk of growing fast. But Nvidia stock will eventually will rally its way up around 200ish in the coming early August as the spending pool of customers will surge in late Q3-Q4. And easing of the election battle will have some ripple but not to the customer market segments. So looking forward for Nvidia to stabilize in the next 1-2 months before its shows the fundamental truth of its valued product outcome that will boost the stock growth above 200ish🥳🥳🥳","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":44,"commentSize":1,"repostSize":283,"link":"https://ttm.financial/post/323116579475656","isVote":1,"tweetType":1,"viewCount":11607,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3569274903458035","authorId":"3569274903458035","name":"HLPA","avatar":"https://static.tigerbbs.com/07e7b987a9127c5a47dbc3ae02db548b","crmLevel":8,"crmLevelSwitch":1,"idStr":"3569274903458035","authorIdStr":"3569274903458035"},"content":"keep buying on the dips for this strong stock. Never fail to deliver profits","text":"keep buying on the dips for this strong stock. Never fail to deliver profits","html":"keep buying on the dips for this strong stock. Never fail to deliver profits"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":240241053605976,"gmtCreate":1699671741155,"gmtModify":1699671744616,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$&nbsp;</a>Rock","listText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$&nbsp;</a>Rock","text":"$Microsoft(MSFT)$ Rock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/240241053605976","isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942158414,"gmtCreate":1681168714339,"gmtModify":1681168717032,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942158414","repostId":"2326069272","repostType":4,"repost":{"id":"2326069272","kind":"highlight","pubTimestamp":1681131881,"share":"https://ttm.financial/m/news/2326069272?lang=&edition=fundamental","pubTime":"2023-04-10 21:04","market":"us","language":"en","title":"3 Great Stocks That Are Oozing Cash Flow","url":"https://stock-news.laohu8.com/highlight/detail?id=2326069272","media":"Motley Fool","summary":"These three companies are set to generate vast amounts of free cash flow in 2023.","content":"<html><head></head><body><p>There are several financial metrics that long-term investors need to monitor in the holdings they already have and the ones they are considering. Cash flow matters because it gives companies the financial flexibility to improve the business by paying down debt, making acquisitions, or funding investments. Alternatively, it can return money to investors via share buybacks or dividends.</p><p>For example, oil major <strong>Chevron</strong> (CVX -1.31%), workflow technology specialist <strong>Trimble</strong> (TRMB -0.41%), and Google owner <strong>Alphabet</strong> (GOOG 3.76%) (GOOGL 3.78%) are all set to generate a significant amount of cash flow in 2023. Here&#39;s why that makes these three attractive stocks to buy. </p><h2>1. Chevron</h2><p>There are no prizes for guessing that Chevron&#39;s revenue tends to correlate with the price of oil over time, and that&#39;s likely to be the case for the foreseeable future.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/22f155c85c609e7873680d0609a167eb\" tg-width=\"720\" tg-height=\"387\"/></p><p></p><p>Data by YCharts</p><p>However, there&#39;s something different happening this time around in the inevitable up-and-down oil price cycle with Chevron and other oil majors. As you can see in the chart below, in the upcycle of 2010-2015, Chevron (along with many other oil majors) significantly ramped capital expenditures (in absolute terms and as a share of revenue). </p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc3281b3ad850333f9d17c35ea5a7883\" tg-width=\"720\" tg-height=\"387\"/></p><p></p><p>Data by YCharts</p><p>Of course, this type of behavior often leads to supply gluts when demand turns down, and the 2015-2020 downcycle in the price of oil is evidence of that. That said, faced with a recent history of disappointment and the long-term existentialist threat coming from renewable energy, Chevron has been more constrained in its spending in the current upcycle, leading to significantly increased free cash flow generation. </p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75f4c06320e0d6487fe5bf7a20134b3d\" tg-width=\"720\" tg-height=\"387\"/></p><p></p><p>Data by YCharts</p><p>As such, Chevron uses its cash to reduce debt, buy back stock, and gradually increase spending. This means its annual $6.04 per share dividend (up from $4.48 in 2018) gives investors a 3.4% dividend yield, and management recently gave guidance for annual buybacks of $10 billion to $20 billion worth of stock (3% to 6% of the current market cap).</p><p>While there&#39;s no telling where the price of oil will go, Chevron is well-placed to generate value for investors if oil stays at $60 a barrel and above (West Texas Crude is currently $80.50), starting with the company&#39;s cash flow. </p><h2>2. Trimble</h2><p>Trimble&#39;s roots lie in precise hardware and software positioning technology. Think of geospatial positioning for mapping and surveying, or the precise location of points on construction projects, or monitoring the movement of trucking fleets or agricultural equipment. </p><p>However, Trimble&#39;s future lies in becoming an increasing part of its customers&#39; workflow by expanding its connected software applications and cloud platform services to customers -- management calls this &#34;connect and scale.&#34; The company&#39;s software solutions can generate the data to help customers make better modeling and planning decisions in real-time -- think of transportation fleets having routes optimized or the precise management of a construction or infrastructure project. </p><p></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/300f6723aa21e5e7d77ce557ead333a4\" tg-width=\"700\" tg-height=\"393\"/></p><p></p><p>Image source: Getty Images.</p><p>Trimble&#39;s agreement to buy transportation management software company Transporeon for 1.88 billion euros is part of its connect and scale strategy.</p><p>Trimble&#39;s earnings before interest, taxation, depreciation, and amortization (EBITDA) dipped in 2022, and its FCF declined significantly. Still, the latter is largely down to a change in tax legislation that pulls forward payments and an increase in inventories to ensure the delivery of products. Both issues will normalize over time, and Wall Street analysts and Trimble&#39;s management expect a substantial increase in FCF in 2023. </p><p>The cash flow will help reduce debt following the Transporeon acquisition, and trading on an estimated price-to-FCF multiple of less than 18 times FCF, Trimble looks like a good value. </p><p></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b3e1f6df03ad16959f95d343dff0d8a\" tg-width=\"700\" tg-height=\"290\"/></p><p></p><p>Data source: Wall Street analyst consensus from marketscreener.com </p><h2>3. Alphabet</h2><p>This tech giant attracted attention recently after management told employees it would be initiating cutbacks on expenses, including things like laptops, staplers, and fitness classes, after announcing 12,000 job cuts earlier in the year.</p><p></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/63d13c664bf0a04100ab58a969ae6790\" tg-width=\"700\" tg-height=\"466\"/></p><p></p><p>Image source: Getty Images.</p><p>The focus on cost-cutting is understandable in a slowing economy, particularly as weak consumer spending negatively impacts advertising spending and Google&#39;s search revenue.</p><p>That said, Alphabet is hardly in a weak cash position. Wall Street analysts expect Alphabet to end the year with $122 billion in net cash after generating $70.5 billion in FCF. That figure would put Alphabet on a forward price-to-FCF multiple of just 19 times FCF.</p><p>As such, the key question for investors is not how Alphabet can cut costs (although necessary) but how management will generate value for shareholders by investing its vast cash flows. That&#39;s what the company should focus on because it&#39;s why investors put money into a company: It should do a better job generating returns than investors could do themselves. </p><p>It&#39;s a critical issue, and if Alphabet&#39;s management doesn&#39;t find a way, the pressure will only build for the company to pay a dividend. The good news is the company has ample financial flexibility to explore all options, and the stock trades at an attractive valuation. </p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Great Stocks That Are Oozing Cash Flow</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 Great Stocks That Are Oozing Cash Flow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-10 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/04/10/3-great-stocks-that-are-oozing-cash-flow/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There are several financial metrics that long-term investors need to monitor in the holdings they already have and the ones they are considering. Cash flow matters because it gives companies the ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/04/10/3-great-stocks-that-are-oozing-cash-flow/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0082616367.USD":"摩根大通美国科技A（dist）","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0079474960.USD":"联博美国增长基金A","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4534":"瑞士信贷持仓","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4585":"ETF&股票定投概念","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4587":"ChatGPT概念","CVX":"雪佛龙","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4527":"明星科技股","BK4077":"互动媒体与服务","BK4579":"人工智能","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","BK4550":"红杉资本持仓","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU1046421795.USD":"富达环球科技A-ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0861579265.USD":"联博低波幅策略股票基金A","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4573":"虚拟现实","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","BK4581":"高盛持仓","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","GOOG":"谷歌","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0557290698.USD":"施罗德环球可持续增长基金","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU0238689110.USD":"贝莱德环球动力股票基金","BK4514":"搜索引擎","TRMB":"天宝导航","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD"},"source_url":"https://www.fool.com/investing/2023/04/10/3-great-stocks-that-are-oozing-cash-flow/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2326069272","content_text":"There are several financial metrics that long-term investors need to monitor in the holdings they already have and the ones they are considering. Cash flow matters because it gives companies the financial flexibility to improve the business by paying down debt, making acquisitions, or funding investments. Alternatively, it can return money to investors via share buybacks or dividends.For example, oil major Chevron (CVX -1.31%), workflow technology specialist Trimble (TRMB -0.41%), and Google owner Alphabet (GOOG 3.76%) (GOOGL 3.78%) are all set to generate a significant amount of cash flow in 2023. Here's why that makes these three attractive stocks to buy. 1. ChevronThere are no prizes for guessing that Chevron's revenue tends to correlate with the price of oil over time, and that's likely to be the case for the foreseeable future.Data by YChartsHowever, there's something different happening this time around in the inevitable up-and-down oil price cycle with Chevron and other oil majors. As you can see in the chart below, in the upcycle of 2010-2015, Chevron (along with many other oil majors) significantly ramped capital expenditures (in absolute terms and as a share of revenue). Data by YChartsOf course, this type of behavior often leads to supply gluts when demand turns down, and the 2015-2020 downcycle in the price of oil is evidence of that. That said, faced with a recent history of disappointment and the long-term existentialist threat coming from renewable energy, Chevron has been more constrained in its spending in the current upcycle, leading to significantly increased free cash flow generation. Data by YChartsAs such, Chevron uses its cash to reduce debt, buy back stock, and gradually increase spending. This means its annual $6.04 per share dividend (up from $4.48 in 2018) gives investors a 3.4% dividend yield, and management recently gave guidance for annual buybacks of $10 billion to $20 billion worth of stock (3% to 6% of the current market cap).While there's no telling where the price of oil will go, Chevron is well-placed to generate value for investors if oil stays at $60 a barrel and above (West Texas Crude is currently $80.50), starting with the company's cash flow. 2. TrimbleTrimble's roots lie in precise hardware and software positioning technology. Think of geospatial positioning for mapping and surveying, or the precise location of points on construction projects, or monitoring the movement of trucking fleets or agricultural equipment. However, Trimble's future lies in becoming an increasing part of its customers' workflow by expanding its connected software applications and cloud platform services to customers -- management calls this \"connect and scale.\" The company's software solutions can generate the data to help customers make better modeling and planning decisions in real-time -- think of transportation fleets having routes optimized or the precise management of a construction or infrastructure project. Image source: Getty Images.Trimble's agreement to buy transportation management software company Transporeon for 1.88 billion euros is part of its connect and scale strategy.Trimble's earnings before interest, taxation, depreciation, and amortization (EBITDA) dipped in 2022, and its FCF declined significantly. Still, the latter is largely down to a change in tax legislation that pulls forward payments and an increase in inventories to ensure the delivery of products. Both issues will normalize over time, and Wall Street analysts and Trimble's management expect a substantial increase in FCF in 2023. The cash flow will help reduce debt following the Transporeon acquisition, and trading on an estimated price-to-FCF multiple of less than 18 times FCF, Trimble looks like a good value. Data source: Wall Street analyst consensus from marketscreener.com 3. AlphabetThis tech giant attracted attention recently after management told employees it would be initiating cutbacks on expenses, including things like laptops, staplers, and fitness classes, after announcing 12,000 job cuts earlier in the year.Image source: Getty Images.The focus on cost-cutting is understandable in a slowing economy, particularly as weak consumer spending negatively impacts advertising spending and Google's search revenue.That said, Alphabet is hardly in a weak cash position. Wall Street analysts expect Alphabet to end the year with $122 billion in net cash after generating $70.5 billion in FCF. That figure would put Alphabet on a forward price-to-FCF multiple of just 19 times FCF.As such, the key question for investors is not how Alphabet can cut costs (although necessary) but how management will generate value for shareholders by investing its vast cash flows. That's what the company should focus on because it's why investors put money into a company: It should do a better job generating returns than investors could do themselves. It's a critical issue, and if Alphabet's management doesn't find a way, the pressure will only build for the company to pay a dividend. The good news is the company has ample financial flexibility to explore all options, and the stock trades at an attractive valuation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940599995,"gmtCreate":1678003332317,"gmtModify":1678003335423,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Ok //<a href=\"https://ttm.financial/U/3575091423649914\">@kungpao</a>:Grace Groner! Groner turned $180 into $7M by buying <a href=\"https://ttm.financial/S/ABT\"> $Abbott Laboratories(ABT)$</a>. She held onto them and reinvesting the dividends for over 70 years. She then donated all of her fortune. Financial success is not just about how much you earn, but also about how wisely you manage and invest your money. Happy International Women's Day, Tigresses!","listText":"Ok //<a href=\"https://ttm.financial/U/3575091423649914\">@kungpao</a>:Grace Groner! Groner turned $180 into $7M by buying <a href=\"https://ttm.financial/S/ABT\"> $Abbott Laboratories(ABT)$</a>. She held onto them and reinvesting the dividends for over 70 years. She then donated all of her fortune. Financial success is not just about how much you earn, but also about how wisely you manage and invest your money. Happy International Women's Day, Tigresses!","text":"Ok //@kungpao:Grace Groner! Groner turned $180 into $7M by buying $Abbott Laboratories(ABT)$. She held onto them and reinvesting the dividends for over 70 years. She then donated all of her fortune. Financial success is not just about how much you earn, but also about how wisely you manage and invest your money. Happy International Women's Day, Tigresses!","images":[{"img":"https://community-static.tradeup.com/news/40cd79bcef5f06f912ce3da688411f22"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":19,"commentSize":22,"repostSize":0,"link":"https://ttm.financial/post/9940599995","repostId":"9940827186","repostType":1,"repost":{"id":9940827186,"gmtCreate":1677822768645,"gmtModify":1677824970877,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"[Events] Celebrate International Women's Day with Tiger","htmlText":"Hi Tigers!In honor of International Women's Day, we would like to invite you to tell us who is your favorite female investor. You could win Tiger Coins as a prize. Moreover, you will be eligible to win a special Tiger gift.When we think of investors, we often think of men like Warren Buffett. However, there are a number of women who are making waves in the world of investing. As a matter of fact, these women are changing the way we think about investing and money in general.Here are a few examples of notable female investors:1 Abigail Johnson - Johnson is the CEO of Fidelity Investments, one of the largest asset management companies in the world. She has been with the company for over 30 years and has helped it grow to manage over $3 trillion in assets.2 Cathie Wood - Wood is the founder a","listText":"Hi Tigers!In honor of International Women's Day, we would like to invite you to tell us who is your favorite female investor. You could win Tiger Coins as a prize. Moreover, you will be eligible to win a special Tiger gift.When we think of investors, we often think of men like Warren Buffett. However, there are a number of women who are making waves in the world of investing. As a matter of fact, these women are changing the way we think about investing and money in general.Here are a few examples of notable female investors:1 Abigail Johnson - Johnson is the CEO of Fidelity Investments, one of the largest asset management companies in the world. She has been with the company for over 30 years and has helped it grow to manage over $3 trillion in assets.2 Cathie Wood - Wood is the founder a","text":"Hi Tigers!In honor of International Women's Day, we would like to invite you to tell us who is your favorite female investor. You could win Tiger Coins as a prize. Moreover, you will be eligible to win a special Tiger gift.When we think of investors, we often think of men like Warren Buffett. However, there are a number of women who are making waves in the world of investing. As a matter of fact, these women are changing the way we think about investing and money in general.Here are a few examples of notable female investors:1 Abigail Johnson - Johnson is the CEO of Fidelity Investments, one of the largest asset management companies in the world. She has been with the company for over 30 years and has helped it grow to manage over $3 trillion in assets.2 Cathie Wood - Wood is the founder a","images":[{"img":"https://community-static.tradeup.com/news/bc14c4cce3b86703addcb90b45cd17be","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940827186","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9940655373,"gmtCreate":1677893761993,"gmtModify":1677893764080,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940655373","repostId":"1104409079","repostType":4,"repost":{"id":"1104409079","kind":"news","pubTimestamp":1677893565,"share":"https://ttm.financial/m/news/1104409079?lang=&edition=fundamental","pubTime":"2023-03-04 09:32","market":"us","language":"en","title":"C3.ai, Samsara, Zscaler, First Solar, Apple, and More Stock Market Movers Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1104409079","media":"MarketWatch","summary":"Stocks were higher Friday, as investors shrugged off stronger-than-expected service data and interes","content":"<html><head></head><body><p>Stocks were higher Friday, as investors shrugged off stronger-than-expected service data and interest rate hike concerns.</p><p>These stocks made moves Friday:</p><p>C3.ai(AI), the artificial intelligence software company, posted better-than-expected fiscal third-quarter results, with the stock surging 34%.</p><p>Samsara(IOT) shares jumped 16% after an analyst at Goldman Sachs upgraded the physical-asset-tracking company’s stock to Buy from Neutral. Samsarareported that fiscal fourth-quarter revenue rose 48%.</p><p>Zscaler(ZS), the cybersecurity company, raised its revenue forecast for the fiscal year and announced it was it cutting its global workforce by 3%, or about 150 positions. The stock declined by 11% after the company said it expects billings to slow sequentially in the current fiscal third quarter.</p><p>First Solar(FSLR) shares were upgraded to Buy from Neutral by a UBS analyst. The stock gained 6%.</p><p>Broadcom(AVGO) reported fiscal first-quarter earnings that topped analysts’ estimates and the semiconductor and software company issued a revenue forecast for the second quarter that also was higher than Wall Street consensus. The stock rose 5.7%.</p><p>Marvell Technology(MRVL) fell 4.7% after its fiscal first-quarter adjusted earnings and revenue forecast missed analysts’ estimates. The chip company said “inventory corrections and resulting changes in product mix” impacted its guidance.</p><p>Victoria’s Secret(VSCO) declined 5.2% after the lingerie-maker said it expects sales in the fiscal first quarter to fall more than analysts’ had anticipated, and adjusted earnings that will come up shy of Wall Street forecasts.</p><p>Apple(AAPL) gained 3.5% after an analyst at Morgan Stanley raised his price target on the stock to $180 from $175 and reaffirmed it as a “top pick.”</p><p>Nordstrom(JWN), the upscale department-store chain, reported weaker-than-expected fourth-quarter sales and its forecasts for the current fiscal year disappointed. Nordstrom also said it would end its business in Canada. Shares gained 2.4%.</p><p>Costco Wholesale(COST) reported fiscal second-quarter earnings that beat expectations, but revenue was lower than projected. Shares fell 2.2%.</p><p>ChargePoint Holdings(CHPT) reported a fourth-quarter loss that was wider than analysts expected and sales that missed estimates. The stock slid 1.6%.</p></body></html>","source":"lsy1604288433698","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>C3.ai, Samsara, Zscaler, First Solar, Apple, and More Stock Market Movers Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nC3.ai, Samsara, Zscaler, First Solar, Apple, and More Stock Market Movers Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-04 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/stock-market-movers-a041f3a5?mod=barrons-on-marketwatch><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks were higher Friday, as investors shrugged off stronger-than-expected service data and interest rate hike concerns.These stocks made moves Friday:C3.ai(AI), the artificial intelligence software ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/stock-market-movers-a041f3a5?mod=barrons-on-marketwatch\">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","IOT":"Samsara, Inc.","MRVL":"迈威尔科技","AVGO":"博通","FSLR":"第一太阳能","VSCO":"维多利亚的秘密","JWN":"诺德斯特龙","CHPT":"ChargePoint Holdings Inc.","ZS":"Zscaler Inc.","COST":"好市多","AI":"C3.ai, Inc."},"source_url":"https://www.marketwatch.com/articles/stock-market-movers-a041f3a5?mod=barrons-on-marketwatch","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104409079","content_text":"Stocks were higher Friday, as investors shrugged off stronger-than-expected service data and interest rate hike concerns.These stocks made moves Friday:C3.ai(AI), the artificial intelligence software company, posted better-than-expected fiscal third-quarter results, with the stock surging 34%.Samsara(IOT) shares jumped 16% after an analyst at Goldman Sachs upgraded the physical-asset-tracking company’s stock to Buy from Neutral. Samsarareported that fiscal fourth-quarter revenue rose 48%.Zscaler(ZS), the cybersecurity company, raised its revenue forecast for the fiscal year and announced it was it cutting its global workforce by 3%, or about 150 positions. The stock declined by 11% after the company said it expects billings to slow sequentially in the current fiscal third quarter.First Solar(FSLR) shares were upgraded to Buy from Neutral by a UBS analyst. The stock gained 6%.Broadcom(AVGO) reported fiscal first-quarter earnings that topped analysts’ estimates and the semiconductor and software company issued a revenue forecast for the second quarter that also was higher than Wall Street consensus. The stock rose 5.7%.Marvell Technology(MRVL) fell 4.7% after its fiscal first-quarter adjusted earnings and revenue forecast missed analysts’ estimates. The chip company said “inventory corrections and resulting changes in product mix” impacted its guidance.Victoria’s Secret(VSCO) declined 5.2% after the lingerie-maker said it expects sales in the fiscal first quarter to fall more than analysts’ had anticipated, and adjusted earnings that will come up shy of Wall Street forecasts.Apple(AAPL) gained 3.5% after an analyst at Morgan Stanley raised his price target on the stock to $180 from $175 and reaffirmed it as a “top pick.”Nordstrom(JWN), the upscale department-store chain, reported weaker-than-expected fourth-quarter sales and its forecasts for the current fiscal year disappointed. Nordstrom also said it would end its business in Canada. Shares gained 2.4%.Costco Wholesale(COST) reported fiscal second-quarter earnings that beat expectations, but revenue was lower than projected. Shares fell 2.2%.ChargePoint Holdings(CHPT) reported a fourth-quarter loss that was wider than analysts expected and sales that missed estimates. The stock slid 1.6%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":527,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940655073,"gmtCreate":1677893748493,"gmtModify":1677893751888,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Expected","listText":"Expected","text":"Expected","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940655073","repostId":"2316519902","repostType":4,"repost":{"id":"2316519902","kind":"highlight","pubTimestamp":1677886210,"share":"https://ttm.financial/m/news/2316519902?lang=&edition=fundamental","pubTime":"2023-03-04 07:30","market":"us","language":"en","title":"Why Meta's Dropping Prices for Its VR Headsets","url":"https://stock-news.laohu8.com/highlight/detail?id=2316519902","media":"Yahoo Finance","summary":"Meta's (META) VR headsets are getting a major, but perhaps unavoidable, price cut, largely because c","content":"<html><head></head><body><p>Meta&#39;s (META) VR headsets are getting a major, but perhaps unavoidable, price cut, largely because consumers are, well, just not buying as many as expect.</p><p>The company today announced that it&#39;s slashing prices for its still-new Meta Quest Pro from $1,499.99 to $999.99, while its Meta Quest 2 is dropping from $499.99 to $429.99. For the Meta Quest Pro, which was touted at its launch as being geared towards businesses, that&#39;s a roughly 33% drop – and a noteworthy fall from the fanfare with which it was launched in conjunction with support from Microsoft (MSFT) and Accenture (ACN).</p><p>Waning consumer interest isn&#39;t a Meta-specific problem – the VR market, along with the games industry at-large, saw its 2022 sales drop 2% year-over-year to $1.1 billion, according to research from NDP. But the company&#39;s even struggled to keep even new headset owners interested in the product. (Meta <a href=\"https://laohu8.com/S/VP..UK\">VP</a> of VR Mark Rabkin recently broke the news to employees, according to a Feb. 28 report by The Verge.)</p><p>“Sadly, the newer cohorts that are coming in, the people who bought it this last Christmas, they’re just not as into it, as the ones who bought it early,” he said, per The Verge.</p><p>Said IDC Research Director Ramon Llamas: &#34;The market for second-hand and refurbished devices allows consumers to swoop in at a lower price and, if we count the specter of inflation, consumers are smart and they&#39;ll find a way to get what they want for less&#34;</p><p>He added: &#34;This is part of a macro move, especially because I think it&#39;s too early for me to say that they&#39;re cleaning out Quest 2 inventory, since the Quest 3 doesn&#39;t show up until the end of the year.&#34;</p><h2>High stakes</h2><p>Meta has sunk a lot into its pursuit of VR. Reality Labs, the company&#39;s metaverse operation, has lost billions in the last year alone—it lost a staggering $13.7 billion on Reality Labs in 2022, up from the roughly $10.2 billion it lost on the division in 2021, according to its Meta&#39;s latest earnings report.</p><p>The losses aside, what Meta&#39;s spent on VR has given it &#34;a very tight grip on the VR device market,&#34; as they from holding 45% to 82% of VR market share in the course of this past year, according to Llamas. It&#39;s still a nascent market though, and if they want to retain their lead, the play for them right now, he says, is more heads in sets.</p><p>&#34;If I&#39;m Mark Zuckerberg, if I want people to come into the Meta family, the easiest way to do that is going to be lowering prices,&#34; Llamas told Yahoo Finance. &#34;The more people on board, the better.&#34;</p></body></html>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Meta's Dropping Prices for Its VR Headsets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Meta's Dropping Prices for Its VR Headsets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-04 07:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-metas-dropping-prices-for-its-vr-headsets-204637368.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meta's (META) VR headsets are getting a major, but perhaps unavoidable, price cut, largely because consumers are, well, just not buying as many as expect.The company today announced that it's slashing...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-metas-dropping-prices-for-its-vr-headsets-204637368.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://finance.yahoo.com/news/why-metas-dropping-prices-for-its-vr-headsets-204637368.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316519902","content_text":"Meta's (META) VR headsets are getting a major, but perhaps unavoidable, price cut, largely because consumers are, well, just not buying as many as expect.The company today announced that it's slashing prices for its still-new Meta Quest Pro from $1,499.99 to $999.99, while its Meta Quest 2 is dropping from $499.99 to $429.99. For the Meta Quest Pro, which was touted at its launch as being geared towards businesses, that's a roughly 33% drop – and a noteworthy fall from the fanfare with which it was launched in conjunction with support from Microsoft (MSFT) and Accenture (ACN).Waning consumer interest isn't a Meta-specific problem – the VR market, along with the games industry at-large, saw its 2022 sales drop 2% year-over-year to $1.1 billion, according to research from NDP. But the company's even struggled to keep even new headset owners interested in the product. (Meta VP of VR Mark Rabkin recently broke the news to employees, according to a Feb. 28 report by The Verge.)“Sadly, the newer cohorts that are coming in, the people who bought it this last Christmas, they’re just not as into it, as the ones who bought it early,” he said, per The Verge.Said IDC Research Director Ramon Llamas: \"The market for second-hand and refurbished devices allows consumers to swoop in at a lower price and, if we count the specter of inflation, consumers are smart and they'll find a way to get what they want for less\"He added: \"This is part of a macro move, especially because I think it's too early for me to say that they're cleaning out Quest 2 inventory, since the Quest 3 doesn't show up until the end of the year.\"High stakesMeta has sunk a lot into its pursuit of VR. Reality Labs, the company's metaverse operation, has lost billions in the last year alone—it lost a staggering $13.7 billion on Reality Labs in 2022, up from the roughly $10.2 billion it lost on the division in 2021, according to its Meta's latest earnings report.The losses aside, what Meta's spent on VR has given it \"a very tight grip on the VR device market,\" as they from holding 45% to 82% of VR market share in the course of this past year, according to Llamas. It's still a nascent market though, and if they want to retain their lead, the play for them right now, he says, is more heads in sets.\"If I'm Mark Zuckerberg, if I want people to come into the Meta family, the easiest way to do that is going to be lowering prices,\" Llamas told Yahoo Finance. \"The more people on board, the better.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940652785,"gmtCreate":1677893735647,"gmtModify":1677893739476,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940652785","repostId":"2316977187","repostType":4,"repost":{"id":"2316977187","kind":"highlight","pubTimestamp":1677887083,"share":"https://ttm.financial/m/news/2316977187?lang=&edition=fundamental","pubTime":"2023-03-04 07:44","market":"us","language":"en","title":"Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs","url":"https://stock-news.laohu8.com/highlight/detail?id=2316977187","media":"Bloomberg","summary":"Amazon.com Inc. is pausing construction on its sprawling second headquarters near Washington, a decision that coincides with the company’s deepest ever job cuts and a reassessment of office needs to a","content":"<html><head></head><body><p>Amazon.com Inc. is pausing construction on its sprawling second headquarters near Washington, a decision that coincides with the company’s deepest ever job cuts and a reassessment of office needs to account for remote work.</p><p>John Schoettler, Amazon’s real estate chief, confirmed the pause in a statement to Bloomberg News. Schoettler said the company remains committed to Arlington, Virginia, where by 2030 Amazon has committed to spend $2.5 billion and hire some 25,000 workers. But the construction moratorium will delay the online retailer’s full arrival at its biggest real estate project, and could create headaches for local developers, as well as construction and service workers banking on Amazon’s rapid expansion.</p><p>The first phase of the campus that the company calls HQ2 is nearing completion and will be finished and occupied as planned. Amazon, which says it now has more than 8,000 workers in the area, expects to start moving those employees to two newly completed office towers in a 2.1-million-square-foot development called Metropolitan Park, near the Pentagon and Ronald Reagan Washington National Airport, in June.</p><p>The delay affects a larger phase across the street. It calls for three, 22-story office towers and the 350-foot-tall (107-meter) Helix, a corporate conference center and indoor garden designed to echo the Spheres, plant-filled orbs at the heart of the company’s Seattle headquarters. Arlington officials granted the 2.8-million-square-foot project, called PenPlace, its most important approval in April.</p><p>JBG Smith Properties, the developer working on the project, dropped as much as 8% to a record low. Amazon gained almost 3% in New York.</p><p>Amazon and its developers had at one point considered starting to dig the foundations and underground parking garage of that block immediately following the vote, according to a person familiar with the plans, who requested anonymity to discuss confidential deliberations. The company says it had targeted the first months of 2023 for a formal groundbreaking.</p><p>That is now paused, and Schoettler didn’t specify a new start date.</p><p>“We’re always evaluating space plans to make sure they fit our business needs and to create a great experience for employees,” he said in a statement. “And since Met Park will have space to accommodate more than 14,000 employees, we’ve decided to shift the groundbreaking of PenPlace out a bit.”</p><p>Amazon and JBG Smith Properties had for months been discussing modifying the PenPlace plans, in part to speed construction of some elements to meet commitments the company made to provide community benefits, said the person. Those include things like hosting a high school geared toward adults and building a public plaza, bike path and retail space.</p><p>In an extended delay, Amazon will likely have to modify those arrangements. Plans for the site approved by the county require the company to meet construction and permitting milestones by April 2025, unless the officials grant an extension. The company expects roughly three years between groundbreaking and the arrival of the first employees in a completed office tower.</p><p>Arlington County Board Chair Christian Dorsey said he spoke with Amazon representatives before the delay became public Friday morning. They didn’t offer a new construction timeline, he said, but indicated that Amazon would proceed this year with permitting on the second phase of HQ2, indicating to him that they could begin construction in 2024.</p><p>He said the company is ahead of schedule on its local hiring goals and that he’s confident that Amazon will proceed with the second phase as planned, including the public benefits it has promised.</p><p>“It’s just going to take a little longer to realize,” Dorsey said.</p><p>JBG Smith Chief Executive Officer Matt Kelly said in a statement that he was encouraged by Amazon’s “recently reaffirmed commitment to its second headquarters project,” adding that related work continues on a nearby college campus and apartment units.</p><p>Amazon in 2017 announced plans for a second headquarters that would ultimately house 50,000 employees, prompting cities around North America to bid ferociously for the project. After evaluating dozens of proposals, the company announced it would split the campus between New York and Northern Virginia, but opposition from local politicians and union officials prompted executives to abandon New York. Government entities in Virginia committed to roughly $800 million in tax breaks and infrastructure improvements over 15 years in exchange for 25,000 of those workers.</p><p>Amazon grew rapidly during the pandemic, but has started to reassess real estate projects to account for the likelihood that some office roles will be performed remotely — at least part-time — for many years. The company last year froze most corporate hiring and began a round of layoffs that will ultimately total about 18,000 workers.</p><p>Meanwhile, construction projects in Bellevue, Washington, near Seattle, and in Nashville, Tennessee, were paused while Amazon teams redesigned buildings. Last month, Amazon Chief Executive Officer Andy Jassy said the company would require most employees to begin spending a minimum of three days a week in the office. That policy that takes effect in May.</p><p>“Our second headquarters has always been a multiyear project, and we remain committed to Arlington, Virginia, and the greater Capital Region – which includes investing in affordable housing, funding computer science education in schools across the region, and supporting dozens of local nonprofits,” Schoettler said. “We appreciate the support of all our partners and neighbors, and look forward to continuing to work together in the years ahead.”</p></body></html>","source":"yahoofinance_sg","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>Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs</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\">\nAmazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-04 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/amazon-pauses-construction-second-headquarters-155247825.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com Inc. is pausing construction on its sprawling second headquarters near Washington, a decision that coincides with the company’s deepest ever job cuts and a reassessment of office needs to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/amazon-pauses-construction-second-headquarters-155247825.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://finance.yahoo.com/news/amazon-pauses-construction-second-headquarters-155247825.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316977187","content_text":"Amazon.com Inc. is pausing construction on its sprawling second headquarters near Washington, a decision that coincides with the company’s deepest ever job cuts and a reassessment of office needs to account for remote work.John Schoettler, Amazon’s real estate chief, confirmed the pause in a statement to Bloomberg News. Schoettler said the company remains committed to Arlington, Virginia, where by 2030 Amazon has committed to spend $2.5 billion and hire some 25,000 workers. But the construction moratorium will delay the online retailer’s full arrival at its biggest real estate project, and could create headaches for local developers, as well as construction and service workers banking on Amazon’s rapid expansion.The first phase of the campus that the company calls HQ2 is nearing completion and will be finished and occupied as planned. Amazon, which says it now has more than 8,000 workers in the area, expects to start moving those employees to two newly completed office towers in a 2.1-million-square-foot development called Metropolitan Park, near the Pentagon and Ronald Reagan Washington National Airport, in June.The delay affects a larger phase across the street. It calls for three, 22-story office towers and the 350-foot-tall (107-meter) Helix, a corporate conference center and indoor garden designed to echo the Spheres, plant-filled orbs at the heart of the company’s Seattle headquarters. Arlington officials granted the 2.8-million-square-foot project, called PenPlace, its most important approval in April.JBG Smith Properties, the developer working on the project, dropped as much as 8% to a record low. Amazon gained almost 3% in New York.Amazon and its developers had at one point considered starting to dig the foundations and underground parking garage of that block immediately following the vote, according to a person familiar with the plans, who requested anonymity to discuss confidential deliberations. The company says it had targeted the first months of 2023 for a formal groundbreaking.That is now paused, and Schoettler didn’t specify a new start date.“We’re always evaluating space plans to make sure they fit our business needs and to create a great experience for employees,” he said in a statement. “And since Met Park will have space to accommodate more than 14,000 employees, we’ve decided to shift the groundbreaking of PenPlace out a bit.”Amazon and JBG Smith Properties had for months been discussing modifying the PenPlace plans, in part to speed construction of some elements to meet commitments the company made to provide community benefits, said the person. Those include things like hosting a high school geared toward adults and building a public plaza, bike path and retail space.In an extended delay, Amazon will likely have to modify those arrangements. Plans for the site approved by the county require the company to meet construction and permitting milestones by April 2025, unless the officials grant an extension. The company expects roughly three years between groundbreaking and the arrival of the first employees in a completed office tower.Arlington County Board Chair Christian Dorsey said he spoke with Amazon representatives before the delay became public Friday morning. They didn’t offer a new construction timeline, he said, but indicated that Amazon would proceed this year with permitting on the second phase of HQ2, indicating to him that they could begin construction in 2024.He said the company is ahead of schedule on its local hiring goals and that he’s confident that Amazon will proceed with the second phase as planned, including the public benefits it has promised.“It’s just going to take a little longer to realize,” Dorsey said.JBG Smith Chief Executive Officer Matt Kelly said in a statement that he was encouraged by Amazon’s “recently reaffirmed commitment to its second headquarters project,” adding that related work continues on a nearby college campus and apartment units.Amazon in 2017 announced plans for a second headquarters that would ultimately house 50,000 employees, prompting cities around North America to bid ferociously for the project. After evaluating dozens of proposals, the company announced it would split the campus between New York and Northern Virginia, but opposition from local politicians and union officials prompted executives to abandon New York. Government entities in Virginia committed to roughly $800 million in tax breaks and infrastructure improvements over 15 years in exchange for 25,000 of those workers.Amazon grew rapidly during the pandemic, but has started to reassess real estate projects to account for the likelihood that some office roles will be performed remotely — at least part-time — for many years. The company last year froze most corporate hiring and began a round of layoffs that will ultimately total about 18,000 workers.Meanwhile, construction projects in Bellevue, Washington, near Seattle, and in Nashville, Tennessee, were paused while Amazon teams redesigned buildings. Last month, Amazon Chief Executive Officer Andy Jassy said the company would require most employees to begin spending a minimum of three days a week in the office. That policy that takes effect in May.“Our second headquarters has always been a multiyear project, and we remain committed to Arlington, Virginia, and the greater Capital Region – which includes investing in affordable housing, funding computer science education in schools across the region, and supporting dozens of local nonprofits,” Schoettler said. “We appreciate the support of all our partners and neighbors, and look forward to continuing to work together in the years ahead.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":556,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940652499,"gmtCreate":1677893724112,"gmtModify":1677893728544,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"What 😵‍💫","listText":"What 😵‍💫","text":"What 😵‍💫","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940652499","repostId":"2316890442","repostType":4,"repost":{"id":"2316890442","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":1677886394,"share":"https://ttm.financial/m/news/2316890442?lang=&edition=fundamental","pubTime":"2023-03-04 07:33","market":"us","language":"en","title":"Airbnb Cuts Recruiting Staff By 30%","url":"https://stock-news.laohu8.com/highlight/detail?id=2316890442","media":"Reuters","summary":"Home rental firm Airbnb Inc laid off 30% of its recruiting staff this week, a company spokesperson s","content":"<html><head></head><body><p>Home rental firm Airbnb Inc laid off 30% of its recruiting staff this week, a company spokesperson said on Friday, noting that it&#39;s not an indication of more widespread layoffs.</p><p>The decision, first reported by Bloomberg News, affected less than 0.4% of the San Francisco-based company&#39;s total workforce of about 6,800, the spokesperson said.</p><p>&#34;We&#39;ve become a leaner and more focused company over the last three years,&#34; Airbnb spokesperson said in a statement, adding that the company expects to grow its headcount this year.</p><p>The company said in February it expects headcount growth in the range of 2% to 4% in 2023, compared with 11% growth last year.</p><p>In 2020, amid the COVID-19 pandemic, Airbnb laid off 25% of its workforce, or nearly 1,900 employees, after its business was hit hard as global travel came to a standstill.</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>Airbnb Cuts Recruiting Staff By 30%</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\">\nAirbnb Cuts Recruiting Staff By 30%\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\">2023-03-04 07:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Home rental firm Airbnb Inc laid off 30% of its recruiting staff this week, a company spokesperson said on Friday, noting that it&#39;s not an indication of more widespread layoffs.</p><p>The decision, first reported by Bloomberg News, affected less than 0.4% of the San Francisco-based company&#39;s total workforce of about 6,800, the spokesperson said.</p><p>&#34;We&#39;ve become a leaner and more focused company over the last three years,&#34; Airbnb spokesperson said in a statement, adding that the company expects to grow its headcount this year.</p><p>The company said in February it expects headcount growth in the range of 2% to 4% in 2023, compared with 11% growth last year.</p><p>In 2020, amid the COVID-19 pandemic, Airbnb laid off 25% of its workforce, or nearly 1,900 employees, after its business was hit hard as global travel came to a standstill.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316890442","content_text":"Home rental firm Airbnb Inc laid off 30% of its recruiting staff this week, a company spokesperson said on Friday, noting that it's not an indication of more widespread layoffs.The decision, first reported by Bloomberg News, affected less than 0.4% of the San Francisco-based company's total workforce of about 6,800, the spokesperson said.\"We've become a leaner and more focused company over the last three years,\" Airbnb spokesperson said in a statement, adding that the company expects to grow its headcount this year.The company said in February it expects headcount growth in the range of 2% to 4% in 2023, compared with 11% growth last year.In 2020, amid the COVID-19 pandemic, Airbnb laid off 25% of its workforce, or nearly 1,900 employees, after its business was hit hard as global travel came to a standstill.","news_type":1},"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940652552,"gmtCreate":1677893707077,"gmtModify":1677893711615,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Scary","listText":"Scary","text":"Scary","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940652552","repostId":"2316901789","repostType":4,"repost":{"id":"2316901789","kind":"highlight","pubTimestamp":1677892655,"share":"https://ttm.financial/m/news/2316901789?lang=&edition=fundamental","pubTime":"2023-03-04 09:17","market":"us","language":"en","title":"Biden Has Big Plans for Semiconductor Clusters — Will Companies Play Along?","url":"https://stock-news.laohu8.com/highlight/detail?id=2316901789","media":"Yahoo Finance","summary":"The Biden administration recently has laid out ambitious plans to use government money to spur at le","content":"<html><head></head><body><p>The Biden administration recently has laid out ambitious plans to use government money to spur at least two, new large-scale clusters of semiconductor manufacturing and research in the years ahead.</p><p>In an interview this week, Deputy Secretary of Commerce Don Graves outlined his department’s ambition for these projects. He said the application process for the money is designed to prod companies to “express to us their vision for how we drive economic development, how we drive competitiveness, not just at a local level, not just at a state level, but at a regional level.”</p><p>The funds come from about $53 billion put aside in the CHIPs and Science Act. The administration goal: achieving both a revitalization of the U.S. semiconductor industry— as well as broader political and economic goals that officials say will produce hundreds of thousands of jobs in the U.S.</p><p>One model? “I look to our experience in rebuilding and bringing back from the edge of complete collapse the city of Detroit” Graves said, referencing his time during the Obama administration as the leader of the federal government’s efforts after the city filed for Chapter 9 bankruptcy in 2013. He also mention a government funded network of manufacturing innovation institutes called Manufacturing USA.</p><p>But the question that remains is whether it’s possible to achieve these goals all at once. Already, some industry voices have reportedly been grumbling about the many restrictions on the money with others pointing out that the most successful projects historically have had limited instead of broader objectives.</p><p>The new law has $39 billion earmarked for semiconductor manufacturers; the application process opened this past week. An additional $11 billion is set to go to companies as well as universities and others for chip research and design beginning later this year. The law also includes an investment tax credit of up to 25% towards a manufacturer’s capital expenditures.</p><h2><b>‘We&#39;re already a hub’</b></h2><p>Another point made by those who have a stake: these hubs already exist. Thus, they hope the money from Washington will primarily service as an amplifier—not only focus on new development.</p><p>For example: In a Yahoo Finance Live interview this week, Sen. Mark Kelly (D-AZ) noted “we&#39;re already a hub for semiconductor manufacturing in the United States, this is just going to expand dramatically because of this legislation.”</p><p>Intel (INTC) already has a strong presence in Kelly&#39;s state with 12,000 employees and Taiwan Semiconductor Manufacturing Company (TSMC) recently announced plans there as well. For Kelly, a key point of the money is to help develop other companies around Intel and TSMC to help supply the giant fabrication plants to come with equipment, raw materials, and innovation in the years ahead.</p><p>It&#39;s a similar situation about 2,500 miles away in upstate New York. <a href=\"https://laohu8.com/S/IBM\">IBM</a> (IBM) and Micron (MU) are two of the big companies there. There has been years of semiconductor development in the region, which is also seen as a frontrunner for government money.</p><p>But again, an official there is quick to point out that this area is far from starting from scratch with government money likely to boost what is already there. “Today, I&#39;m talking with you from Albany NanoTech,” said Mukesh Khare, an IBM vice president, in an interview this week. Khare was also recently named to an Industrial Advisory Committee that is advising the Commerce department on the deployment of the law.</p><p>The Albany Nanotech Complex is a public private partnership that has been growing for decades and was completed in 2015 as a host for a range of companies focused on semiconductor research at the SUNY Polytechnic Institute.</p><p>Albany’s existing cluster makes good business sense, said Khare, and currently “serves the needs of companies who are here but expanding — with investment from places like CHIPS Act, the state, as well as private companies — will really have a multiplication effect.”</p><p>The research facilties in New York could be paired with burgeoning manufacturing efforts. IBM recently announced a $20 billion manufacturing plan in nearby Poughkeepsie, N.Y. During an October visit, President Biden took credit for the expansion saying the CHIPs and Science act is “a law that’s going to build the future and a proud, proud legacy not only for IBM, but for the country.”</p><p>In addition, Micron recently announced plans to invest up to $100 billion over the coming decades in Syracuse N.Y.</p><p>But Biden officials have repeatedly promised that no company or region is a shoo-in for the money. “The way that we&#39;ve structured this and what we&#39;ve been conveying to potential applicants throughout this process is that their expectation shouldn&#39;t be that we&#39;re giving a nod to any one area just simply because it already has a fab,” Deputy Secretary Graves said.</p><p>Commerce Secretary Gina Raimondo added “I expect there will be many disappointed companies&#34; and that her primary lens here &#34;is the achievement of our national security goals.”</p><h2><b>Aiming for ‘a win-win situation’</b></h2><p>The clusters to come will need to strike a balance between the financial imperatives of the semi-conductor sector and the Biden administration&#39;s larger policy goals.</p><p>In addition to economic development, the Commerce department has stressed that as a condition of applying for the money, companies will have to provide detailed financial information, not engage in stock buybacks with the money they get—and provide detailed workforce development plans down to the level of the childcare facilities they will provide.</p><p>In a recent Yahoo Finance Live interview, Secretary Raimondo defended the restrictions and said that her goal is not to impose overly burdensome requirements. “We want to work in partnership with these companies.&#34;</p><p>Advocates of the multi-pronged goals said that the incentives can be aligned so that it’s beneficial to both the private and public sectors. Speaking of the childcare provisions this week, Sen. Kelly argued “This is a win-win situation, it helps families in Arizona and in other states that are going to have these companies there, but at the same time it helps the employer.”</p><p>As for the timeline ahead, a Commerce official said the first awards will likely be for big fabrication plants - i.e. the anchors of the clusters to come. Deputy Secretary Graves said “we&#39;re hopeful that we&#39;ll be able to make our first awards by the end of the year, but it&#39;s going to depend on whether we get these strong, strategic-thinking applications.”</p><p>IBM’s Khare added his praise of the government’s rollout so far and notes that, of course, &#34;we all want it to be much faster than where we are but, that said, it&#39;s a process and it needs to be fair and transparent and accountable so we are here to help.”</p></body></html>","source":"yahoofinance_sg","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>Biden Has Big Plans for Semiconductor Clusters — Will Companies Play Along?</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\">\nBiden Has Big Plans for Semiconductor Clusters — Will Companies Play Along?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-04 09:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biden-has-big-plans-for-semiconductor-clusters--will-companies-play-along-200042981.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Biden administration recently has laid out ambitious plans to use government money to spur at least two, new large-scale clusters of semiconductor manufacturing and research in the years ahead.In ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biden-has-big-plans-for-semiconductor-clusters--will-companies-play-along-200042981.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技","IBM":"IBM","INTC":"英特尔","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/biden-has-big-plans-for-semiconductor-clusters--will-companies-play-along-200042981.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316901789","content_text":"The Biden administration recently has laid out ambitious plans to use government money to spur at least two, new large-scale clusters of semiconductor manufacturing and research in the years ahead.In an interview this week, Deputy Secretary of Commerce Don Graves outlined his department’s ambition for these projects. He said the application process for the money is designed to prod companies to “express to us their vision for how we drive economic development, how we drive competitiveness, not just at a local level, not just at a state level, but at a regional level.”The funds come from about $53 billion put aside in the CHIPs and Science Act. The administration goal: achieving both a revitalization of the U.S. semiconductor industry— as well as broader political and economic goals that officials say will produce hundreds of thousands of jobs in the U.S.One model? “I look to our experience in rebuilding and bringing back from the edge of complete collapse the city of Detroit” Graves said, referencing his time during the Obama administration as the leader of the federal government’s efforts after the city filed for Chapter 9 bankruptcy in 2013. He also mention a government funded network of manufacturing innovation institutes called Manufacturing USA.But the question that remains is whether it’s possible to achieve these goals all at once. Already, some industry voices have reportedly been grumbling about the many restrictions on the money with others pointing out that the most successful projects historically have had limited instead of broader objectives.The new law has $39 billion earmarked for semiconductor manufacturers; the application process opened this past week. An additional $11 billion is set to go to companies as well as universities and others for chip research and design beginning later this year. The law also includes an investment tax credit of up to 25% towards a manufacturer’s capital expenditures.‘We're already a hub’Another point made by those who have a stake: these hubs already exist. Thus, they hope the money from Washington will primarily service as an amplifier—not only focus on new development.For example: In a Yahoo Finance Live interview this week, Sen. Mark Kelly (D-AZ) noted “we're already a hub for semiconductor manufacturing in the United States, this is just going to expand dramatically because of this legislation.”Intel (INTC) already has a strong presence in Kelly's state with 12,000 employees and Taiwan Semiconductor Manufacturing Company (TSMC) recently announced plans there as well. For Kelly, a key point of the money is to help develop other companies around Intel and TSMC to help supply the giant fabrication plants to come with equipment, raw materials, and innovation in the years ahead.It's a similar situation about 2,500 miles away in upstate New York. IBM (IBM) and Micron (MU) are two of the big companies there. There has been years of semiconductor development in the region, which is also seen as a frontrunner for government money.But again, an official there is quick to point out that this area is far from starting from scratch with government money likely to boost what is already there. “Today, I'm talking with you from Albany NanoTech,” said Mukesh Khare, an IBM vice president, in an interview this week. Khare was also recently named to an Industrial Advisory Committee that is advising the Commerce department on the deployment of the law.The Albany Nanotech Complex is a public private partnership that has been growing for decades and was completed in 2015 as a host for a range of companies focused on semiconductor research at the SUNY Polytechnic Institute.Albany’s existing cluster makes good business sense, said Khare, and currently “serves the needs of companies who are here but expanding — with investment from places like CHIPS Act, the state, as well as private companies — will really have a multiplication effect.”The research facilties in New York could be paired with burgeoning manufacturing efforts. IBM recently announced a $20 billion manufacturing plan in nearby Poughkeepsie, N.Y. During an October visit, President Biden took credit for the expansion saying the CHIPs and Science act is “a law that’s going to build the future and a proud, proud legacy not only for IBM, but for the country.”In addition, Micron recently announced plans to invest up to $100 billion over the coming decades in Syracuse N.Y.But Biden officials have repeatedly promised that no company or region is a shoo-in for the money. “The way that we've structured this and what we've been conveying to potential applicants throughout this process is that their expectation shouldn't be that we're giving a nod to any one area just simply because it already has a fab,” Deputy Secretary Graves said.Commerce Secretary Gina Raimondo added “I expect there will be many disappointed companies\" and that her primary lens here \"is the achievement of our national security goals.”Aiming for ‘a win-win situation’The clusters to come will need to strike a balance between the financial imperatives of the semi-conductor sector and the Biden administration's larger policy goals.In addition to economic development, the Commerce department has stressed that as a condition of applying for the money, companies will have to provide detailed financial information, not engage in stock buybacks with the money they get—and provide detailed workforce development plans down to the level of the childcare facilities they will provide.In a recent Yahoo Finance Live interview, Secretary Raimondo defended the restrictions and said that her goal is not to impose overly burdensome requirements. “We want to work in partnership with these companies.\"Advocates of the multi-pronged goals said that the incentives can be aligned so that it’s beneficial to both the private and public sectors. Speaking of the childcare provisions this week, Sen. Kelly argued “This is a win-win situation, it helps families in Arizona and in other states that are going to have these companies there, but at the same time it helps the employer.”As for the timeline ahead, a Commerce official said the first awards will likely be for big fabrication plants - i.e. the anchors of the clusters to come. Deputy Secretary Graves said “we're hopeful that we'll be able to make our first awards by the end of the year, but it's going to depend on whether we get these strong, strategic-thinking applications.”IBM’s Khare added his praise of the government’s rollout so far and notes that, of course, \"we all want it to be much faster than where we are but, that said, it's a process and it needs to be fair and transparent and accountable so we are here to help.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957551991,"gmtCreate":1677434008613,"gmtModify":1677434013296,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"One of the best&nbsp;","listText":"One of the best&nbsp;","text":"One of the best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957551991","repostId":"1117520516","repostType":4,"repost":{"id":"1117520516","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1677334099,"share":"https://ttm.financial/m/news/1117520516?lang=&edition=fundamental","pubTime":"2023-02-25 22:08","market":"us","language":"en","title":"Buffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills","url":"https://stock-news.laohu8.com/highlight/detail?id=1117520516","media":"Tiger Newspress","summary":"Warren Buffett is still betting on America.Stocks and bonds slumped in 2022 after central banks rais","content":"<html><head></head><body><p>Warren Buffett is still betting on America.</p><p>Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.</p><p>“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.</p><p>Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.</p><p>Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.</p><p>The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.</p><p>As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.</p><p>“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.</p><p>Berkshire also released its results for 2022 on Saturday.</p><p>The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.</p><p>Total revenue rose 9.4% to $302.1 billion.</p><p>Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.</p><p>Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.</p><p>“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.</p><h2>Read the full letter here:</h2><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.</p><p>A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.</p><p>Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.</p><p>The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.</p><p>Who wouldn’t enjoy working for shareholders like ours?</p><h2>What We Do</h2><p>Charlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.</p><p>In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.</p><p>Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”</p><p>One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.</p><p>Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.</p><p>* * * * * * * * * * * *</p><p>At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)</p><p>Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.</p><h2>The Secret Sauce</h2><p>In August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.</p><p>The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.</p><p>American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.</p><p>These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.</p><p>Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.</p><p>The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.</p><h2>The Past Year in Brief</h2><p>Berkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:</p><p><img src=\"https://static.tigerbbs.com/69e74650656620f9fa3f1e55c15a90e5\" tg-width=\"797\" tg-height=\"207\" width=\"100%\" height=\"auto\"/></p><p>The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.</p><p>A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.</p><p>Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.</p><p>* * * * * * * * * * * *</p><p>A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.</p><p>The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.</p><p>Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?</p><p>When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).</p><p>Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.</p><p>And that is a promise we can make.</p><p>* * * * * * * * * * * *</p><p>Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.</p><p>That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.</p><h2>58 Years – and a Few Figures</h2><p>In 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.</p><p>And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.</p><p>Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.</p><p>Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&amp;P 500 Index, an elite collection of large and well-known American companies.</p><p>In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.</p><p>At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.</p><p>In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and</p><p>$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.</p><p>As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.</p><p>At Berkshire, there will be no finish line.</p><h2>Some Surprising Facts About Federal Taxes</h2><p>During the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.</p><p>Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.</p><p>The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.</p><p>And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.</p><p>* * * * * * * * * * * *</p><p>Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:</p><p>- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.</p><p>- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.</p><p>- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.</p><p>When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”</p><p>* * * * * * * * * * * *</p><p>At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.</p><p>I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.</p><h2>Nothing Beats Having a Great Partner</h2><p>Charlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.</p><p>Here are a few of his thoughts, many lifted from a very recent podcast:</p><p>- The world is full of foolish gamblers, and they will not do as well as the patient investor.</p><p>- If you don’t see the world the way it is, it’s like judging something through a distorted lens.</p><p>- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.</p><p>- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.</p><p>- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.</p><p>- You can learn a lot from dead people. Read of the deceased you admire and detest.</p><p>- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.</p><p>- A great company keeps working after you are not; a mediocre company won’t do that.</p><p>- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.</p><p>- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.</p><p>- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.</p><p>- You don’t, however, need to own a lot of things in order to get rich.</p><p>- You have to keep learning if you want to become a great investor. When the world changes, you must change.</p><p>- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.</p><p>- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”</p><p>And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.</p><p>* * * * * * * * * * * *</p><p>I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.</p><h2>A Family Gathering in Omaha</h2><p>Charlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.</p><p>From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?</p><p>I know you can’t wait to hear the specifics of last year’s hustle.</p><p>On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.</p><p>Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.</p><p>* * * * * * * * * * * *</p><p>Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.</p><p>February 25, 2023 Warren E. Buffett </p><p>Chairman of the Board</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-02-25 22:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett is still betting on America.</p><p>Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.</p><p>“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.</p><p>Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.</p><p>Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.</p><p>The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.</p><p>As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.</p><p>“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.</p><p>Berkshire also released its results for 2022 on Saturday.</p><p>The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.</p><p>Total revenue rose 9.4% to $302.1 billion.</p><p>Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.</p><p>Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.</p><p>“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.</p><h2>Read the full letter here:</h2><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.</p><p>A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.</p><p>Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.</p><p>The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.</p><p>Who wouldn’t enjoy working for shareholders like ours?</p><h2>What We Do</h2><p>Charlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.</p><p>In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.</p><p>Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”</p><p>One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.</p><p>Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.</p><p>* * * * * * * * * * * *</p><p>At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)</p><p>Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.</p><h2>The Secret Sauce</h2><p>In August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.</p><p>The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.</p><p>American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.</p><p>These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.</p><p>Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.</p><p>The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.</p><h2>The Past Year in Brief</h2><p>Berkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:</p><p><img src=\"https://static.tigerbbs.com/69e74650656620f9fa3f1e55c15a90e5\" tg-width=\"797\" tg-height=\"207\" width=\"100%\" height=\"auto\"/></p><p>The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.</p><p>A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.</p><p>Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.</p><p>* * * * * * * * * * * *</p><p>A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.</p><p>The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.</p><p>Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?</p><p>When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).</p><p>Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.</p><p>And that is a promise we can make.</p><p>* * * * * * * * * * * *</p><p>Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.</p><p>That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.</p><h2>58 Years – and a Few Figures</h2><p>In 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.</p><p>And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.</p><p>Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.</p><p>Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&amp;P 500 Index, an elite collection of large and well-known American companies.</p><p>In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.</p><p>At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.</p><p>In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and</p><p>$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.</p><p>As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.</p><p>At Berkshire, there will be no finish line.</p><h2>Some Surprising Facts About Federal Taxes</h2><p>During the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.</p><p>Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.</p><p>The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.</p><p>And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.</p><p>* * * * * * * * * * * *</p><p>Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:</p><p>- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.</p><p>- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.</p><p>- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.</p><p>When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”</p><p>* * * * * * * * * * * *</p><p>At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.</p><p>I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.</p><h2>Nothing Beats Having a Great Partner</h2><p>Charlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.</p><p>Here are a few of his thoughts, many lifted from a very recent podcast:</p><p>- The world is full of foolish gamblers, and they will not do as well as the patient investor.</p><p>- If you don’t see the world the way it is, it’s like judging something through a distorted lens.</p><p>- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.</p><p>- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.</p><p>- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.</p><p>- You can learn a lot from dead people. Read of the deceased you admire and detest.</p><p>- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.</p><p>- A great company keeps working after you are not; a mediocre company won’t do that.</p><p>- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.</p><p>- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.</p><p>- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.</p><p>- You don’t, however, need to own a lot of things in order to get rich.</p><p>- You have to keep learning if you want to become a great investor. When the world changes, you must change.</p><p>- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.</p><p>- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”</p><p>And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.</p><p>* * * * * * * * * * * *</p><p>I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.</p><h2>A Family Gathering in Omaha</h2><p>Charlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.</p><p>From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?</p><p>I know you can’t wait to hear the specifics of last year’s hustle.</p><p>On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.</p><p>Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.</p><p>* * * * * * * * * * * *</p><p>Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.</p><p>February 25, 2023 Warren E. Buffett </p><p>Chairman of the Board</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117520516","content_text":"Warren Buffett is still betting on America.Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.Berkshire also released its results for 2022 on Saturday.The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.Total revenue rose 9.4% to $302.1 billion.Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.Read the full letter here:To the Shareholders of Berkshire Hathaway Inc.:Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.Who wouldn’t enjoy working for shareholders like ours?What We DoCharlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.* * * * * * * * * * * *At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.The Secret SauceIn August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.The Past Year in BriefBerkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.* * * * * * * * * * * *A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.And that is a promise we can make.* * * * * * * * * * * *Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.58 Years – and a Few FiguresIn 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&P 500 Index, an elite collection of large and well-known American companies.In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.At Berkshire, there will be no finish line.Some Surprising Facts About Federal TaxesDuring the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.* * * * * * * * * * * *Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”* * * * * * * * * * * *At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.Nothing Beats Having a Great PartnerCharlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.Here are a few of his thoughts, many lifted from a very recent podcast:- The world is full of foolish gamblers, and they will not do as well as the patient investor.- If you don’t see the world the way it is, it’s like judging something through a distorted lens.- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.- You can learn a lot from dead people. Read of the deceased you admire and detest.- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.- A great company keeps working after you are not; a mediocre company won’t do that.- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.- You don’t, however, need to own a lot of things in order to get rich.- You have to keep learning if you want to become a great investor. When the world changes, you must change.- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.* * * * * * * * * * * *I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.A Family Gathering in OmahaCharlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?I know you can’t wait to hear the specifics of last year’s hustle.On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.* * * * * * * * * * * *Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.February 25, 2023 Warren E. Buffett Chairman of the Board","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957294673,"gmtCreate":1677256924992,"gmtModify":1677256928730,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957294673","repostId":"1135437777","repostType":4,"repost":{"id":"1135437777","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1677250213,"share":"https://ttm.financial/m/news/1135437777?lang=&edition=fundamental","pubTime":"2023-02-24 22:50","market":"us","language":"en","title":"Hot Chinese ADRs Dropped in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1135437777","media":"Tiger Newspress","summary":"Hot Chinese ADRs dropped in morning trading Friday as Alibaba and NetEase's earnings failed to Impre","content":"<html><head></head><body><p>Hot Chinese ADRs dropped in morning trading Friday as Alibaba and NetEase&#39;s earnings failed to Impress Investors. Alibaba and Baidu fell 4%; NetEase fell 5%; Bilibili fell 9%.</p><p><img src=\"https://static.tigerbbs.com/885648f5ed0f01baa6368756b74b860a\" tg-width=\"416\" tg-height=\"742\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Chinese ADRs Dropped in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Chinese ADRs Dropped in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-02-24 22:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs dropped in morning trading Friday as Alibaba and NetEase&#39;s earnings failed to Impress Investors. Alibaba and Baidu fell 4%; NetEase fell 5%; Bilibili fell 9%.</p><p><img src=\"https://static.tigerbbs.com/885648f5ed0f01baa6368756b74b860a\" tg-width=\"416\" tg-height=\"742\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","XPEV":"小鹏汽车","NIO":"蔚来","LI":"理想汽车","PDD":"拼多多","BILI":"哔哩哔哩","BIDU":"百度","JD":"京东","NTES":"网易"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135437777","content_text":"Hot Chinese ADRs dropped in morning trading Friday as Alibaba and NetEase's earnings failed to Impress Investors. Alibaba and Baidu fell 4%; NetEase fell 5%; Bilibili fell 9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957294878,"gmtCreate":1677256908494,"gmtModify":1677256911919,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957294878","repostId":"2313577388","repostType":4,"repost":{"id":"2313577388","kind":"highlight","pubTimestamp":1677250938,"share":"https://ttm.financial/m/news/2313577388?lang=&edition=fundamental","pubTime":"2023-02-24 23:02","market":"us","language":"en","title":"Apple Expected to Release Second-Generation Mixed-Reality Headsets in 2025: Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2313577388","media":"Seeking Alpha","summary":"Apple (NASDAQ:AAPL) may be getting ready to unveil its mixed-reality headset later this year, but a ","content":"<html><head></head><body><p>Apple (NASDAQ:AAPL) may be getting ready to unveil its mixed-reality headset later this year, but a widely watched analyst said on Friday the tech giant could unveil multiple versions of the second version of the new technology.</p><p>In a blog post, TF International Securities analyst Ming-Chi Kuo said the second-generation version of the headset has two high-end models and low-end models, with both versions developed and produced by Apple (AAPL) manufacturing partners Luxcaseict and Foxconn, respectively.</p><p>&#34;The current launch schedule for both models will likely be in 2025,&#34; Kuo added.</p><p>Apple (AAPL) shares fell 2% to $146.44 in early Friday trading.</p><p>The first model of the oft-rumored, but never acknowledged headset could be unveiled as soon as June, after recent reports indicated Apple (AAPL) ran into some development issues, delaying an April unveiling.</p><p>In January, it was reported that Apple (AAPL) is working on software to help users build their own augmented reality apps for its yet-to-be released mixed-reality headset to help boost sales of the device.</p><p>Apple&#39;s (AAPL) device, unlike others in the market place, is widely expected to incorporate augmented and virtual reality technologies. Other headsets, such as <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META) Quest line of products, only utilize virtual reality.</p><p>Last year it was reported that Apple (AAPL) had increased its work on the headset - believed to cost as much as $3,000 - and changed the name of the operating system that runs the device.</p><p>Apple (AAPL) suffered a setback this week when the Biden Administration declined to overrule a ruling from the U.S. International Trade Commission that could lead to an import ban on Apple Watches.</p></body></html>","source":"seekingalpha_fund","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 Expected to Release Second-Generation Mixed-Reality Headsets in 2025: Analyst</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 Expected to Release Second-Generation Mixed-Reality Headsets in 2025: Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-24 23:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3940678-apple-release-second-generation-mixed-reality-headsets-in-2025><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) may be getting ready to unveil its mixed-reality headset later this year, but a widely watched analyst said on Friday the tech giant could unveil multiple versions of the second ...</p>\n\n<a href=\"https://seekingalpha.com/news/3940678-apple-release-second-generation-mixed-reality-headsets-in-2025\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4505":"高瓴资本持仓","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4581":"高盛持仓","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4512":"苹果概念","IE00BLSP4239.USD":"Legg Mason ClearBridge - 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Franklin US Opportunities A Acc SGD","BK4501":"段永平概念","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4588":"碎股","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0444971666.USD":"天利全球科技基金","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC"},"source_url":"https://seekingalpha.com/news/3940678-apple-release-second-generation-mixed-reality-headsets-in-2025","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2313577388","content_text":"Apple (NASDAQ:AAPL) may be getting ready to unveil its mixed-reality headset later this year, but a widely watched analyst said on Friday the tech giant could unveil multiple versions of the second version of the new technology.In a blog post, TF International Securities analyst Ming-Chi Kuo said the second-generation version of the headset has two high-end models and low-end models, with both versions developed and produced by Apple (AAPL) manufacturing partners Luxcaseict and Foxconn, respectively.\"The current launch schedule for both models will likely be in 2025,\" Kuo added.Apple (AAPL) shares fell 2% to $146.44 in early Friday trading.The first model of the oft-rumored, but never acknowledged headset could be unveiled as soon as June, after recent reports indicated Apple (AAPL) ran into some development issues, delaying an April unveiling.In January, it was reported that Apple (AAPL) is working on software to help users build their own augmented reality apps for its yet-to-be released mixed-reality headset to help boost sales of the device.Apple's (AAPL) device, unlike others in the market place, is widely expected to incorporate augmented and virtual reality technologies. Other headsets, such as Meta Platforms (META) Quest line of products, only utilize virtual reality.Last year it was reported that Apple (AAPL) had increased its work on the headset - believed to cost as much as $3,000 - and changed the name of the operating system that runs the device.Apple (AAPL) suffered a setback this week when the Biden Administration declined to overrule a ruling from the U.S. International Trade Commission that could lead to an import ban on Apple Watches.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954813977,"gmtCreate":1676218393099,"gmtModify":1676218396738,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"[What]&nbsp;[Cool]&nbsp;[Cry]&nbsp;","listText":"[What]&nbsp;[Cool]&nbsp;[Cry]&nbsp;","text":"[What] [Cool] [Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954813977","repostId":"9954819233","repostType":1,"repost":{"id":9954819233,"gmtCreate":1676217626123,"gmtModify":1676250717875,"author":{"id":"9000000000000168","authorId":"9000000000000168","name":"ChrisColeman","avatar":"https://static.tigerbbs.com/9c61226b13dc84ab3139a9fa00b20782","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000168","authorIdStr":"9000000000000168"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a> is by far the strongest EV start up. NO competition as far as the 3 row SUV, every hot soccer mom from here to Kansas is going to have one, and they have more electric trucks than ANYONE on the road right now. <a target=\"_blank\" href=\"https://ttm.financial/S/F\">$Ford(F)$ </a>only has13,258 lightenings on the road. Seen any cyber trucks out there?","listText":"<a target=\"_blank\" href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a> is by far the strongest EV start up. NO competition as far as the 3 row SUV, every hot soccer mom from here to Kansas is going to have one, and they have more electric trucks than ANYONE on the road right now. <a target=\"_blank\" href=\"https://ttm.financial/S/F\">$Ford(F)$ </a>only has13,258 lightenings on the road. Seen any cyber trucks out there?","text":"$Rivian Automotive, Inc.(RIVN)$ is by far the strongest EV start up. NO competition as far as the 3 row SUV, every hot soccer mom from here to Kansas is going to have one, and they have more electric trucks than ANYONE on the road right now. $Ford(F)$ only has13,258 lightenings on the road. Seen any cyber trucks out there?","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954819233","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954819789,"gmtCreate":1676218277641,"gmtModify":1676218280928,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954819789","repostId":"9954819233","repostType":1,"repost":{"id":9954819233,"gmtCreate":1676217626123,"gmtModify":1676250717875,"author":{"id":"9000000000000168","authorId":"9000000000000168","name":"ChrisColeman","avatar":"https://static.tigerbbs.com/9c61226b13dc84ab3139a9fa00b20782","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000168","authorIdStr":"9000000000000168"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a> is by far the strongest EV start up. NO competition as far as the 3 row SUV, every hot soccer mom from here to Kansas is going to have one, and they have more electric trucks than ANYONE on the road right now. <a target=\"_blank\" href=\"https://ttm.financial/S/F\">$Ford(F)$ </a>only has13,258 lightenings on the road. Seen any cyber trucks out there?","listText":"<a target=\"_blank\" href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a> is by far the strongest EV start up. NO competition as far as the 3 row SUV, every hot soccer mom from here to Kansas is going to have one, and they have more electric trucks than ANYONE on the road right now. <a target=\"_blank\" href=\"https://ttm.financial/S/F\">$Ford(F)$ </a>only has13,258 lightenings on the road. Seen any cyber trucks out there?","text":"$Rivian Automotive, Inc.(RIVN)$ is by far the strongest EV start up. NO competition as far as the 3 row SUV, every hot soccer mom from here to Kansas is going to have one, and they have more electric trucks than ANYONE on the road right now. $Ford(F)$ only has13,258 lightenings on the road. Seen any cyber trucks out there?","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954819233","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952122564,"gmtCreate":1674548017459,"gmtModify":1676538946043,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a> Strangled but survived","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a> Strangled but survived","text":"$Tesla Motors(TSLA)$ Strangled but survived","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952122564","isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951755589,"gmtCreate":1673571232241,"gmtModify":1676538857486,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Keppel news good or bad?","listText":"Keppel news good or bad?","text":"Keppel news good or bad?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951755589","repostId":"1169780891","repostType":2,"repost":{"id":"1169780891","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1673570401,"share":"https://ttm.financial/m/news/1169780891?lang=&edition=fundamental","pubTime":"2023-01-13 08:40","market":"sg","language":"en","title":"Singapore Stocks to Watch: UOB, Keppel Corp, Lian Beng","url":"https://stock-news.laohu8.com/highlight/detail?id=1169780891","media":"Tiger Newspress","summary":"The following companies saw new developments that may affect trading of their securities on Friday (","content":"<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Friday (Jan 13):</p><p><b>UOB (U11):</b> UOB has priced S$850 million in 5.25 per cent perpetual capital securities on Thursday (Jan 12), which will be first callable in 2028.</p><p>The capital securities will be issued under the US$30 billion global medium-term note programme, UOB said in a bourse filing on Friday (Jan 13).</p><p>The mainboard-listed company expects the capital securities will qualify as Additional Tier 1 regulatory capital for the bank.</p><p><b>Keppel Corp (BN4):</b> THE Corrupt Practices Investigation Bureau (CPIB) has issued stern warnings to six individuals who were previously senior management staff of Keppel Corporation’s Offshore &amp; Marine (O&amp;M) unit, on Thursday (Jan 12).</p><p>The warnings were issued to the six individuals in lieu of prosecution for offences punishable under the Prevention of Corruption Act (PCA). The six individuals were not named.</p><p>The offences relate to bribe payments to officials of Brazilian state-owned corporation Petróleo Brasileiro (Petrobras), pertaining to rigs building contracts which Petrobras and/or its related companies had awarded to Keppel O&amp;M.</p><p><b>Lian Beng (L03):</b> Construction and property development firm Lian Beng Group on Thursday (Jan 12) posted a 48 per cent rise in earnings to S$22 million for the first half ended November.</p><p>The increase was largely driven by revenue from its construction segment, which rose 14.1 per cent to S$354 million in H1, from S$310.1 million in the previous year.</p><p>The group attributed this to a “general improvement in the level of construction activity” during the period.</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>Singapore Stocks to Watch: UOB, Keppel Corp, Lian Beng</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\">\nSingapore Stocks to Watch: UOB, Keppel Corp, Lian Beng\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-01-13 08:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Friday (Jan 13):</p><p><b>UOB (U11):</b> UOB has priced S$850 million in 5.25 per cent perpetual capital securities on Thursday (Jan 12), which will be first callable in 2028.</p><p>The capital securities will be issued under the US$30 billion global medium-term note programme, UOB said in a bourse filing on Friday (Jan 13).</p><p>The mainboard-listed company expects the capital securities will qualify as Additional Tier 1 regulatory capital for the bank.</p><p><b>Keppel Corp (BN4):</b> THE Corrupt Practices Investigation Bureau (CPIB) has issued stern warnings to six individuals who were previously senior management staff of Keppel Corporation’s Offshore &amp; Marine (O&amp;M) unit, on Thursday (Jan 12).</p><p>The warnings were issued to the six individuals in lieu of prosecution for offences punishable under the Prevention of Corruption Act (PCA). The six individuals were not named.</p><p>The offences relate to bribe payments to officials of Brazilian state-owned corporation Petróleo Brasileiro (Petrobras), pertaining to rigs building contracts which Petrobras and/or its related companies had awarded to Keppel O&amp;M.</p><p><b>Lian Beng (L03):</b> Construction and property development firm Lian Beng Group on Thursday (Jan 12) posted a 48 per cent rise in earnings to S$22 million for the first half ended November.</p><p>The increase was largely driven by revenue from its construction segment, which rose 14.1 per cent to S$354 million in H1, from S$310.1 million in the previous year.</p><p>The group attributed this to a “general improvement in the level of construction activity” during the period.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","BN4.SI":"吉宝有限公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169780891","content_text":"The following companies saw new developments that may affect trading of their securities on Friday (Jan 13):UOB (U11): UOB has priced S$850 million in 5.25 per cent perpetual capital securities on Thursday (Jan 12), which will be first callable in 2028.The capital securities will be issued under the US$30 billion global medium-term note programme, UOB said in a bourse filing on Friday (Jan 13).The mainboard-listed company expects the capital securities will qualify as Additional Tier 1 regulatory capital for the bank.Keppel Corp (BN4): THE Corrupt Practices Investigation Bureau (CPIB) has issued stern warnings to six individuals who were previously senior management staff of Keppel Corporation’s Offshore & Marine (O&M) unit, on Thursday (Jan 12).The warnings were issued to the six individuals in lieu of prosecution for offences punishable under the Prevention of Corruption Act (PCA). The six individuals were not named.The offences relate to bribe payments to officials of Brazilian state-owned corporation Petróleo Brasileiro (Petrobras), pertaining to rigs building contracts which Petrobras and/or its related companies had awarded to Keppel O&M.Lian Beng (L03): Construction and property development firm Lian Beng Group on Thursday (Jan 12) posted a 48 per cent rise in earnings to S$22 million for the first half ended November.The increase was largely driven by revenue from its construction segment, which rose 14.1 per cent to S$354 million in H1, from S$310.1 million in the previous year.The group attributed this to a “general improvement in the level of construction activity” during the period.","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951756706,"gmtCreate":1673570993305,"gmtModify":1676538857432,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Power","listText":"Power","text":"Power","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9951756706","repostId":"1139201996","repostType":2,"repost":{"id":"1139201996","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1673566421,"share":"https://ttm.financial/m/news/1139201996?lang=&edition=fundamental","pubTime":"2023-01-13 07:33","market":"us","language":"en","title":"BBBY, Logitech, American Airlines, Disney and More Stock: These Stocks Are Moving the Most Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1139201996","media":"Dow Jones","summary":"The stock market rose Thursday after inflation data fell in line with forecasts, boosting hopes the ","content":"<html><head></head><body><p>The stock market rose Thursday after inflation data fell in line with forecasts, boosting hopes the Federal Reserve will slow the pace of interest rate hikes.</p><p>These stocks made moves Thursday:</p><p><b>Bed Bath &amp; Beyond (ticker: BBBY)</b> stock soared another 50.1% to $5.24, after the beaten-down homegoods retailer posted disappointing financial results for its fiscal third quarter. The latest news is that Bed Bath &amp; Beyond begins talks on bankruptcy loan, takeover.</p><p><b>Logitech International (LOGI)</b> fell 16.9% after the Swiss computer equipment company cut its fiscal-year outlook, saying it expects sales to decline between 13% and 15% vs. previous expectations for a sales decline of between 4% and 8%.</p><p><b>Cinemark Holdings (CNK)</b> rose 10% after an analyst at J.P. Morgan upgraded shares of the movie-theater chain to Overweight from Neutral.</p><p><b>American Airlines Group (AAL)</b> raised its fourth-quarter financial guidance Thursday. The stock jumped 9.7%.</p><p>American depositary receipts of <b>Taiwan Semiconductor Manufacturing (TSM)</b> rose 6.4% after the world’s largest contract chip maker reported record fourth-quarter profit. Taiwan Semi warned, however, ofwaning demand in 2023.</p><p><b>Lucid Group (LCID)</b> stock was up 4.8% after the electric-vehicle maker reported fourth-quarter vehicle production results that brought the total production number for 2022 over management’s guidance.</p><p><b>Walt Disney (DIS)</b> rose 3.6%. The entertainment giant is gearing up for a boardroom battle with activist investor Nelson Peltz after the company opposed the billionaire’s efforts to join its board.</p><p><b>KB Home (KBH)</b> declined 2.8% after the home builder reported weaker-than-expected fourth-quarter earnings, and net orders of 692 dropped sharply from 3,529 a year earlier and missed estimates.</p><p><b>Roku (ROKU)</b> rose 0.4% after shares of the streaming device company were downgraded to Underperform from Hold from an analyst at Jefferies. The same analyst upgraded shares of <b>Netflix (NFLX)</b> to Buy from Hold. Netflix rose 0.9%.</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>BBBY, Logitech, American Airlines, Disney and More Stock: These Stocks Are Moving the Most Thursday</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\">\nBBBY, Logitech, American Airlines, Disney and More Stock: These Stocks Are Moving the Most Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-01-13 07:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The stock market rose Thursday after inflation data fell in line with forecasts, boosting hopes the Federal Reserve will slow the pace of interest rate hikes.</p><p>These stocks made moves Thursday:</p><p><b>Bed Bath &amp; Beyond (ticker: BBBY)</b> stock soared another 50.1% to $5.24, after the beaten-down homegoods retailer posted disappointing financial results for its fiscal third quarter. The latest news is that Bed Bath &amp; Beyond begins talks on bankruptcy loan, takeover.</p><p><b>Logitech International (LOGI)</b> fell 16.9% after the Swiss computer equipment company cut its fiscal-year outlook, saying it expects sales to decline between 13% and 15% vs. previous expectations for a sales decline of between 4% and 8%.</p><p><b>Cinemark Holdings (CNK)</b> rose 10% after an analyst at J.P. Morgan upgraded shares of the movie-theater chain to Overweight from Neutral.</p><p><b>American Airlines Group (AAL)</b> raised its fourth-quarter financial guidance Thursday. The stock jumped 9.7%.</p><p>American depositary receipts of <b>Taiwan Semiconductor Manufacturing (TSM)</b> rose 6.4% after the world’s largest contract chip maker reported record fourth-quarter profit. Taiwan Semi warned, however, ofwaning demand in 2023.</p><p><b>Lucid Group (LCID)</b> stock was up 4.8% after the electric-vehicle maker reported fourth-quarter vehicle production results that brought the total production number for 2022 over management’s guidance.</p><p><b>Walt Disney (DIS)</b> rose 3.6%. The entertainment giant is gearing up for a boardroom battle with activist investor Nelson Peltz after the company opposed the billionaire’s efforts to join its board.</p><p><b>KB Home (KBH)</b> declined 2.8% after the home builder reported weaker-than-expected fourth-quarter earnings, and net orders of 692 dropped sharply from 3,529 a year earlier and missed estimates.</p><p><b>Roku (ROKU)</b> rose 0.4% after shares of the streaming device company were downgraded to Underperform from Hold from an analyst at Jefferies. The same analyst upgraded shares of <b>Netflix (NFLX)</b> to Buy from Hold. Netflix rose 0.9%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CNK":"喜满客影城","LCID":"Lucid Group Inc","DIS":"迪士尼","TSM":"台积电","NFLX":"奈飞","LOGI":"罗技","BBBY":"3B家居","AAL":"美国航空","ROKU":"Roku Inc","KBH":"KB Home"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139201996","content_text":"The stock market rose Thursday after inflation data fell in line with forecasts, boosting hopes the Federal Reserve will slow the pace of interest rate hikes.These stocks made moves Thursday:Bed Bath & Beyond (ticker: BBBY) stock soared another 50.1% to $5.24, after the beaten-down homegoods retailer posted disappointing financial results for its fiscal third quarter. The latest news is that Bed Bath & Beyond begins talks on bankruptcy loan, takeover.Logitech International (LOGI) fell 16.9% after the Swiss computer equipment company cut its fiscal-year outlook, saying it expects sales to decline between 13% and 15% vs. previous expectations for a sales decline of between 4% and 8%.Cinemark Holdings (CNK) rose 10% after an analyst at J.P. Morgan upgraded shares of the movie-theater chain to Overweight from Neutral.American Airlines Group (AAL) raised its fourth-quarter financial guidance Thursday. The stock jumped 9.7%.American depositary receipts of Taiwan Semiconductor Manufacturing (TSM) rose 6.4% after the world’s largest contract chip maker reported record fourth-quarter profit. Taiwan Semi warned, however, ofwaning demand in 2023.Lucid Group (LCID) stock was up 4.8% after the electric-vehicle maker reported fourth-quarter vehicle production results that brought the total production number for 2022 over management’s guidance.Walt Disney (DIS) rose 3.6%. The entertainment giant is gearing up for a boardroom battle with activist investor Nelson Peltz after the company opposed the billionaire’s efforts to join its board.KB Home (KBH) declined 2.8% after the home builder reported weaker-than-expected fourth-quarter earnings, and net orders of 692 dropped sharply from 3,529 a year earlier and missed estimates.Roku (ROKU) rose 0.4% after shares of the streaming device company were downgraded to Underperform from Hold from an analyst at Jefferies. The same analyst upgraded shares of Netflix (NFLX) to Buy from Hold. Netflix rose 0.9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953427704,"gmtCreate":1673312669409,"gmtModify":1676538816157,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953427704","repostId":"1180542092","repostType":4,"repost":{"id":"1180542092","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1673311955,"share":"https://ttm.financial/m/news/1180542092?lang=&edition=fundamental","pubTime":"2023-01-10 08:52","market":"sg","language":"en","title":"Singapore Stocks to Watch: Olam, Tan Chong, Sats, Civmec","url":"https://stock-news.laohu8.com/highlight/detail?id=1180542092","media":"Tiger Newspress","summary":"The following companies saw new developments that may affect trading of their securities on Tuesday ","content":"<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 10):</p><p><b>Olam (VC2):</b> Olam Group has outlined plans to list Olam Agri, its agribusiness unit, as early as H1 2023, it said on Tuesday (Jan 10).</p><p>The move will result in a primary listing in Singapore, a concurrent one in Saudi Arabia, and a demerger of Olam Agri and Olam Group through a distribution in specie of shares in Olam Agri to shareholders.</p><p>If the transaction goes through, Olam Agri’s initial public offering (IPO) will be the first dual-listing for a company on both the Singapore and Saudi Arabia stock exchanges and the first-ever listing in Saudi Arabia for a non-Gulf Cooperation Council incorporated business, Olam Group said in a press statement.</p><p><b>Tan Chong (T15):</b> Auto dealer Tan Chong International on Monday (Jan 9) said that it expects to post an unrealised loss of HK$222 million (S$37.9 million) for the financial year ended Dec 31, 2022. The loss is not expected to be reclassified to the group’s consolidated statement of profit or loss.</p><p>Over the same period a year ago, the company posted an audited unrealised loss of HK$170 million.</p><p>“The loss is due to share price changes of its listed investments, which are marked to market and therefore unrealised,” the company said.</p><p><b>Sats (S58):</b> Proxy adviser ISS Governance said that Sats shareholders should approve the proposed acquisition of air cargo handler Worldwide Flight Services (WFS) as it considers the deal an “effective investment opportunity.</p><p>In its report published Jan 5, ISS noted WFS’ expertise in the cargo handling industry, handling services and expansive global network as factors for supporting the deal.</p><p><b>Civmec (P9D):</b> Construction and engineering services provider Civmec announced on Monday (Jan 9) that it has secured a A$330 million (S$304 million) contract for mining company Rio Tinto’s Western Range Project.</p><p>The iron ore project, located at the Paraburdoo site in the Pilbara region of Western Australia, will include the construction of a new Run of Mine (ROM) pad, primary cruising facility, overland conveyancing circuit, as well as modifications to the coarse ore stockpile and downstream conveying system.</p><p>Civmec added that the package of works will utilise most of the company’s in-house capabilities.</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>Singapore Stocks to Watch: Olam, Tan Chong, Sats, Civmec</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\">\nSingapore Stocks to Watch: Olam, Tan Chong, Sats, Civmec\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-01-10 08:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 10):</p><p><b>Olam (VC2):</b> Olam Group has outlined plans to list Olam Agri, its agribusiness unit, as early as H1 2023, it said on Tuesday (Jan 10).</p><p>The move will result in a primary listing in Singapore, a concurrent one in Saudi Arabia, and a demerger of Olam Agri and Olam Group through a distribution in specie of shares in Olam Agri to shareholders.</p><p>If the transaction goes through, Olam Agri’s initial public offering (IPO) will be the first dual-listing for a company on both the Singapore and Saudi Arabia stock exchanges and the first-ever listing in Saudi Arabia for a non-Gulf Cooperation Council incorporated business, Olam Group said in a press statement.</p><p><b>Tan Chong (T15):</b> Auto dealer Tan Chong International on Monday (Jan 9) said that it expects to post an unrealised loss of HK$222 million (S$37.9 million) for the financial year ended Dec 31, 2022. The loss is not expected to be reclassified to the group’s consolidated statement of profit or loss.</p><p>Over the same period a year ago, the company posted an audited unrealised loss of HK$170 million.</p><p>“The loss is due to share price changes of its listed investments, which are marked to market and therefore unrealised,” the company said.</p><p><b>Sats (S58):</b> Proxy adviser ISS Governance said that Sats shareholders should approve the proposed acquisition of air cargo handler Worldwide Flight Services (WFS) as it considers the deal an “effective investment opportunity.</p><p>In its report published Jan 5, ISS noted WFS’ expertise in the cargo handling industry, handling services and expansive global network as factors for supporting the deal.</p><p><b>Civmec (P9D):</b> Construction and engineering services provider Civmec announced on Monday (Jan 9) that it has secured a A$330 million (S$304 million) contract for mining company Rio Tinto’s Western Range Project.</p><p>The iron ore project, located at the Paraburdoo site in the Pilbara region of Western Australia, will include the construction of a new Run of Mine (ROM) pad, primary cruising facility, overland conveyancing circuit, as well as modifications to the coarse ore stockpile and downstream conveying system.</p><p>Civmec added that the package of works will utilise most of the company’s in-house capabilities.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"S58.SI":"新翔集团有限公司","VC2.SI":"Olam Group","P9D.SI":"CIVMEC公司","T15.SI":"TAN CHONG INT'L LTD"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180542092","content_text":"The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 10):Olam (VC2): Olam Group has outlined plans to list Olam Agri, its agribusiness unit, as early as H1 2023, it said on Tuesday (Jan 10).The move will result in a primary listing in Singapore, a concurrent one in Saudi Arabia, and a demerger of Olam Agri and Olam Group through a distribution in specie of shares in Olam Agri to shareholders.If the transaction goes through, Olam Agri’s initial public offering (IPO) will be the first dual-listing for a company on both the Singapore and Saudi Arabia stock exchanges and the first-ever listing in Saudi Arabia for a non-Gulf Cooperation Council incorporated business, Olam Group said in a press statement.Tan Chong (T15): Auto dealer Tan Chong International on Monday (Jan 9) said that it expects to post an unrealised loss of HK$222 million (S$37.9 million) for the financial year ended Dec 31, 2022. The loss is not expected to be reclassified to the group’s consolidated statement of profit or loss.Over the same period a year ago, the company posted an audited unrealised loss of HK$170 million.“The loss is due to share price changes of its listed investments, which are marked to market and therefore unrealised,” the company said.Sats (S58): Proxy adviser ISS Governance said that Sats shareholders should approve the proposed acquisition of air cargo handler Worldwide Flight Services (WFS) as it considers the deal an “effective investment opportunity.In its report published Jan 5, ISS noted WFS’ expertise in the cargo handling industry, handling services and expansive global network as factors for supporting the deal.Civmec (P9D): Construction and engineering services provider Civmec announced on Monday (Jan 9) that it has secured a A$330 million (S$304 million) contract for mining company Rio Tinto’s Western Range Project.The iron ore project, located at the Paraburdoo site in the Pilbara region of Western Australia, will include the construction of a new Run of Mine (ROM) pad, primary cruising facility, overland conveyancing circuit, as well as modifications to the coarse ore stockpile and downstream conveying system.Civmec added that the package of works will utilise most of the company’s in-house capabilities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953363577,"gmtCreate":1673160598400,"gmtModify":1676538793833,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953363577","repostId":"2301920190","repostType":4,"repost":{"id":"2301920190","kind":"highlight","pubTimestamp":1673047547,"share":"https://ttm.financial/m/news/2301920190?lang=&edition=fundamental","pubTime":"2023-01-07 07:25","market":"us","language":"en","title":"3 Top Tech Stocks to Buy in January","url":"https://stock-news.laohu8.com/highlight/detail?id=2301920190","media":"Motley Fool","summary":"Down between 59% and 80%, these growth stocks are great buys this month.","content":"<html><head></head><body><p>The past year has not been kind to technology stocks. The tech-heavy <b>Nasdaq Composite</b> has fallen 33% over the last 12 months and is down 35% from its peak, putting the index deep into bear-market territory. Macroeconomic conditions have crushed valuations for many growth-dependent companies, but today&#39;s challenging market backdrop will also likely set the stage for huge returns to arrive somewhere down the line.</p><p>For long-term investors, a bear market is historically the best time to buy stocks and build positions in solid companies capable of going the distance. If you&#39;re searching for investment opportunities that have the potential to deliver big gains, read on for a look at three technology stocks that look like great buys in January.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3be6588e390076af7928e214ff225f3\" tg-width=\"700\" tg-height=\"463\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>1. Cloudflare</h2><p>While <b>Cloudflare</b> isn&#39;t as well-known as internet giants like <b>Amazon</b>, <b>Alphabet</b>, and <b>Microsoft</b>, it plays an absolutely essential role in the modern web. Between its protections against distributed denial-of-service (DDoS) attacks and content delivery network (CDN) technologies for speeding up the transmission of data across the internet, Cloudflare provides indispensable services that keep websites and applications online and performing efficiently.</p><p>Clients that were already using Cloudflare&#39;s services in the prior-year period increased their spending 24% year over year in the third quarter, and continued growth in its customer count helped the company post a 47% surge in sales.The performance pushed the company above $1 billion in annualized revenue for the first time, and the 78.1% non-GAAP (adjusted) gross margin recorded in Q3 suggests that the business should be able to expand profitably as it continues to tap into a huge addressable market opportunity.</p><p>The massive scale of Cloudflare&#39;s global network and ease of use of its software are significant competitive advantages that the company should be able to maintain going forward. The web services specialist is enabling its customers to operate with a combination of security and speed, and it&#39;s positioned to benefit from powerful demand catalysts as the internet continues to grow.</p><p>With the stock down roughly 80% from its high, Cloudflare is a strong buy for investors seeking to build positions in high-quality tech companies.</p><h2>2. Airbnb</h2><p><b>Airbnb</b> is a fantastic company, and its innovative property rentals business is positioned to benefit from a positive feedback loop that should translate into strong returns for patient shareholders.</p><p>Success for hosts makes it more likely that they will list new properties or otherwise become increasingly engaged on the platform. Good experiences for guests increase the likelihood of repeat stays through Airbnb, thereby improving opportunities for hosts. For long-term investors, there&#39;s a very attractive dynamic at play here.</p><p>Airbnb has scaled rapidly since its founding in 2008, but the company still has an incredible long-term growth opportunity ahead of it. And crucially, there are already strong signs that the company will be able to drive that growth profitably.</p><p>Spurred by 29% year-over-year sales growth and a roughly 86% gross margin, Airbnb&#39;s net income rose 46% to reach roughly $1.2 billion in the third quarter.The business has also tallied about $3.3 billion in free cash flow over the trailing 12 months at a 41% margin. These are stellar results that would have likely translated into a substantial boost for the stock were it not for macroeconomic headwinds crushing the market&#39;s appetite for growth stocks.</p><p>As it stands, Airbnb shares have fallen roughly 48% over the last year and are down 59% from their peak valuation.For long-term investors seeking potentially explosive returns, I think the stock presents one of the most appealing risk-reward dynamics on the market at current prices.</p><h2>3. <a href=\"https://laohu8.com/S/META\">Meta Platforms</a></h2><p><b>Meta Platforms</b> has been struggling lately. The digital advertising market has faced headwinds and user-data changes made by Apple have made it more difficult to serve effectively targeted ads on its mobile platform. Meta stock is off 67% from its high, and its market capitalization and valuation multiples have been pushed down to eye-catching levels.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ac992dbd3044a95ac4b2e0e6d9e4230\" tg-width=\"720\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>META PE Ratio (Forward) data by YCharts</span></p><p>The company is making a huge bet on its future, and much of its long-term outlook likely hinges on to what extent it&#39;s capable of making its metaverse vision a reality. So despite the attractive valuation metrics, it&#39;s fair to say that Meta isn&#39;t a low-risk stock. On the other hand, I do think shares present a risk-reward profile that&#39;s worth considering for long-term investors at current prices.</p><p>The market remains decidedly unenthusiastic about the highly costly metaverse growth initiative, but Meta Platforms has strong foundations to work with. The company ended last quarter with roughly 3.7 billion monthly active users across Facebook, Instagram, WhatsApp, and other services, and engagement on these platforms is hardly going to dry up overnight.</p><p>Meta may wind up falling short of its massive metaverse ambitions, but its current valuation leaves room for upside if the company can make some meaningful progress on that front and continue to report solid performance for its current core services. This is a case where I think long-term investors will be rewarded for taking a contrarian position.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top Tech Stocks to Buy in January</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 Top Tech Stocks to Buy in January\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-07 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/01/06/3-top-tech-stocks-to-buy-in-january/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The past year has not been kind to technology stocks. The tech-heavy Nasdaq Composite has fallen 33% over the last 12 months and is down 35% from its peak, putting the index deep into bear-market ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/01/06/3-top-tech-stocks-to-buy-in-january/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NET":"Cloudflare, Inc.","META":"Meta Platforms, Inc.","ABNB":"爱彼迎"},"source_url":"https://www.fool.com/investing/2023/01/06/3-top-tech-stocks-to-buy-in-january/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301920190","content_text":"The past year has not been kind to technology stocks. The tech-heavy Nasdaq Composite has fallen 33% over the last 12 months and is down 35% from its peak, putting the index deep into bear-market territory. Macroeconomic conditions have crushed valuations for many growth-dependent companies, but today's challenging market backdrop will also likely set the stage for huge returns to arrive somewhere down the line.For long-term investors, a bear market is historically the best time to buy stocks and build positions in solid companies capable of going the distance. If you're searching for investment opportunities that have the potential to deliver big gains, read on for a look at three technology stocks that look like great buys in January.Image source: Getty Images.1. CloudflareWhile Cloudflare isn't as well-known as internet giants like Amazon, Alphabet, and Microsoft, it plays an absolutely essential role in the modern web. Between its protections against distributed denial-of-service (DDoS) attacks and content delivery network (CDN) technologies for speeding up the transmission of data across the internet, Cloudflare provides indispensable services that keep websites and applications online and performing efficiently.Clients that were already using Cloudflare's services in the prior-year period increased their spending 24% year over year in the third quarter, and continued growth in its customer count helped the company post a 47% surge in sales.The performance pushed the company above $1 billion in annualized revenue for the first time, and the 78.1% non-GAAP (adjusted) gross margin recorded in Q3 suggests that the business should be able to expand profitably as it continues to tap into a huge addressable market opportunity.The massive scale of Cloudflare's global network and ease of use of its software are significant competitive advantages that the company should be able to maintain going forward. The web services specialist is enabling its customers to operate with a combination of security and speed, and it's positioned to benefit from powerful demand catalysts as the internet continues to grow.With the stock down roughly 80% from its high, Cloudflare is a strong buy for investors seeking to build positions in high-quality tech companies.2. AirbnbAirbnb is a fantastic company, and its innovative property rentals business is positioned to benefit from a positive feedback loop that should translate into strong returns for patient shareholders.Success for hosts makes it more likely that they will list new properties or otherwise become increasingly engaged on the platform. Good experiences for guests increase the likelihood of repeat stays through Airbnb, thereby improving opportunities for hosts. For long-term investors, there's a very attractive dynamic at play here.Airbnb has scaled rapidly since its founding in 2008, but the company still has an incredible long-term growth opportunity ahead of it. And crucially, there are already strong signs that the company will be able to drive that growth profitably.Spurred by 29% year-over-year sales growth and a roughly 86% gross margin, Airbnb's net income rose 46% to reach roughly $1.2 billion in the third quarter.The business has also tallied about $3.3 billion in free cash flow over the trailing 12 months at a 41% margin. These are stellar results that would have likely translated into a substantial boost for the stock were it not for macroeconomic headwinds crushing the market's appetite for growth stocks.As it stands, Airbnb shares have fallen roughly 48% over the last year and are down 59% from their peak valuation.For long-term investors seeking potentially explosive returns, I think the stock presents one of the most appealing risk-reward dynamics on the market at current prices.3. Meta PlatformsMeta Platforms has been struggling lately. The digital advertising market has faced headwinds and user-data changes made by Apple have made it more difficult to serve effectively targeted ads on its mobile platform. Meta stock is off 67% from its high, and its market capitalization and valuation multiples have been pushed down to eye-catching levels.META PE Ratio (Forward) data by YChartsThe company is making a huge bet on its future, and much of its long-term outlook likely hinges on to what extent it's capable of making its metaverse vision a reality. So despite the attractive valuation metrics, it's fair to say that Meta isn't a low-risk stock. On the other hand, I do think shares present a risk-reward profile that's worth considering for long-term investors at current prices.The market remains decidedly unenthusiastic about the highly costly metaverse growth initiative, but Meta Platforms has strong foundations to work with. The company ended last quarter with roughly 3.7 billion monthly active users across Facebook, Instagram, WhatsApp, and other services, and engagement on these platforms is hardly going to dry up overnight.Meta may wind up falling short of its massive metaverse ambitions, but its current valuation leaves room for upside if the company can make some meaningful progress on that front and continue to report solid performance for its current core services. This is a case where I think long-term investors will be rewarded for taking a contrarian position.","news_type":1},"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":323116579475656,"gmtCreate":1719916371104,"gmtModify":1719916374911,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> Stock is resonating based on market amplification of the surge on the risk of growing fast. But Nvidia stock will eventually will rally its way up around 200ish in the coming early August as the spending pool of customers will surge in late Q3-Q4. And easing of the election battle will have some ripple but not to the customer market segments. So looking forward for Nvidia to stabilize in the next 1-2 months before its shows the fundamental truth of its valued product outcome that will boost the stock growth above 200ish🥳🥳🥳","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> Stock is resonating based on market amplification of the surge on the risk of growing fast. But Nvidia stock will eventually will rally its way up around 200ish in the coming early August as the spending pool of customers will surge in late Q3-Q4. And easing of the election battle will have some ripple but not to the customer market segments. So looking forward for Nvidia to stabilize in the next 1-2 months before its shows the fundamental truth of its valued product outcome that will boost the stock growth above 200ish🥳🥳🥳","text":"$NVIDIA Corp(NVDA)$ Stock is resonating based on market amplification of the surge on the risk of growing fast. But Nvidia stock will eventually will rally its way up around 200ish in the coming early August as the spending pool of customers will surge in late Q3-Q4. And easing of the election battle will have some ripple but not to the customer market segments. So looking forward for Nvidia to stabilize in the next 1-2 months before its shows the fundamental truth of its valued product outcome that will boost the stock growth above 200ish🥳🥳🥳","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":44,"commentSize":1,"repostSize":283,"link":"https://ttm.financial/post/323116579475656","isVote":1,"tweetType":1,"viewCount":11607,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3569274903458035","authorId":"3569274903458035","name":"HLPA","avatar":"https://static.tigerbbs.com/07e7b987a9127c5a47dbc3ae02db548b","crmLevel":8,"crmLevelSwitch":1,"idStr":"3569274903458035","authorIdStr":"3569274903458035"},"content":"keep buying on the dips for this strong stock. Never fail to deliver profits","text":"keep buying on the dips for this strong stock. Never fail to deliver profits","html":"keep buying on the dips for this strong stock. Never fail to deliver profits"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940599995,"gmtCreate":1678003332317,"gmtModify":1678003335423,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Ok //<a href=\"https://ttm.financial/U/3575091423649914\">@kungpao</a>:Grace Groner! Groner turned $180 into $7M by buying <a href=\"https://ttm.financial/S/ABT\"> $Abbott Laboratories(ABT)$</a>. She held onto them and reinvesting the dividends for over 70 years. She then donated all of her fortune. Financial success is not just about how much you earn, but also about how wisely you manage and invest your money. Happy International Women's Day, Tigresses!","listText":"Ok //<a href=\"https://ttm.financial/U/3575091423649914\">@kungpao</a>:Grace Groner! Groner turned $180 into $7M by buying <a href=\"https://ttm.financial/S/ABT\"> $Abbott Laboratories(ABT)$</a>. She held onto them and reinvesting the dividends for over 70 years. She then donated all of her fortune. Financial success is not just about how much you earn, but also about how wisely you manage and invest your money. Happy International Women's Day, Tigresses!","text":"Ok //@kungpao:Grace Groner! Groner turned $180 into $7M by buying $Abbott Laboratories(ABT)$. She held onto them and reinvesting the dividends for over 70 years. She then donated all of her fortune. Financial success is not just about how much you earn, but also about how wisely you manage and invest your money. Happy International Women's Day, Tigresses!","images":[{"img":"https://community-static.tradeup.com/news/40cd79bcef5f06f912ce3da688411f22"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":19,"commentSize":22,"repostSize":0,"link":"https://ttm.financial/post/9940599995","repostId":"9940827186","repostType":1,"repost":{"id":9940827186,"gmtCreate":1677822768645,"gmtModify":1677824970877,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"[Events] Celebrate International Women's Day with Tiger","htmlText":"Hi Tigers!In honor of International Women's Day, we would like to invite you to tell us who is your favorite female investor. You could win Tiger Coins as a prize. Moreover, you will be eligible to win a special Tiger gift.When we think of investors, we often think of men like Warren Buffett. However, there are a number of women who are making waves in the world of investing. As a matter of fact, these women are changing the way we think about investing and money in general.Here are a few examples of notable female investors:1 Abigail Johnson - Johnson is the CEO of Fidelity Investments, one of the largest asset management companies in the world. She has been with the company for over 30 years and has helped it grow to manage over $3 trillion in assets.2 Cathie Wood - Wood is the founder a","listText":"Hi Tigers!In honor of International Women's Day, we would like to invite you to tell us who is your favorite female investor. You could win Tiger Coins as a prize. Moreover, you will be eligible to win a special Tiger gift.When we think of investors, we often think of men like Warren Buffett. However, there are a number of women who are making waves in the world of investing. As a matter of fact, these women are changing the way we think about investing and money in general.Here are a few examples of notable female investors:1 Abigail Johnson - Johnson is the CEO of Fidelity Investments, one of the largest asset management companies in the world. She has been with the company for over 30 years and has helped it grow to manage over $3 trillion in assets.2 Cathie Wood - Wood is the founder a","text":"Hi Tigers!In honor of International Women's Day, we would like to invite you to tell us who is your favorite female investor. You could win Tiger Coins as a prize. Moreover, you will be eligible to win a special Tiger gift.When we think of investors, we often think of men like Warren Buffett. However, there are a number of women who are making waves in the world of investing. As a matter of fact, these women are changing the way we think about investing and money in general.Here are a few examples of notable female investors:1 Abigail Johnson - Johnson is the CEO of Fidelity Investments, one of the largest asset management companies in the world. She has been with the company for over 30 years and has helped it grow to manage over $3 trillion in assets.2 Cathie Wood - Wood is the founder a","images":[{"img":"https://community-static.tradeup.com/news/bc14c4cce3b86703addcb90b45cd17be","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940827186","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9964651862,"gmtCreate":1670138370356,"gmtModify":1676538309447,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"11 against 11 judged by 4 on the field witnessed by millions of fans for chasing after one piece of leather ball which no one will know whenit get netted in either goalpost. But&nbsp;the excitement moment of 90 plus minutes boils everyone into a live emotions from young to old generations. The world populations experiences trauma of heartbeat drumming their brain and entire body for one aim.... Be the winner for themoment in once 4 years🥳","listText":"11 against 11 judged by 4 on the field witnessed by millions of fans for chasing after one piece of leather ball which no one will know whenit get netted in either goalpost. But&nbsp;the excitement moment of 90 plus minutes boils everyone into a live emotions from young to old generations. The world populations experiences trauma of heartbeat drumming their brain and entire body for one aim.... Be the winner for themoment in once 4 years🥳","text":"11 against 11 judged by 4 on the field witnessed by millions of fans for chasing after one piece of leather ball which no one will know whenit get netted in either goalpost. But the excitement moment of 90 plus minutes boils everyone into a live emotions from young to old generations. The world populations experiences trauma of heartbeat drumming their brain and entire body for one aim.... Be the winner for themoment in once 4 years🥳","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":15,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/9964651862","isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927363712,"gmtCreate":1672401070136,"gmtModify":1676538685594,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Buy buy&nbsp;","listText":"Buy buy&nbsp;","text":"Buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9927363712","repostId":"2295554929","repostType":4,"repost":{"id":"2295554929","kind":"highlight","pubTimestamp":1672415137,"share":"https://ttm.financial/m/news/2295554929?lang=&edition=fundamental","pubTime":"2022-12-30 23:45","market":"us","language":"en","title":"Tesla: Buy The Bloodbath","url":"https://stock-news.laohu8.com/highlight/detail?id=2295554929","media":"Seekingalpha","summary":"SummaryTesla has seen an accelerating decline in December with the stock losing 42%.Other controversies surrounding Elon Musk have created negative sentiment overhang, resulting in a soaring short int","content":"<html><head></head><body><h3><b>Summary</b></h3><ul><li>Tesla has seen an accelerating decline in December with the stock losing 42%.</li><li>Other controversies surrounding Elon Musk have created negative sentiment overhang, resulting in a soaring short interest for Tesla.</li><li>However, Tesla has a very attractive valuation and risk profile right now.</li></ul><p>A unique buying opportunity has revealed itself for shares of electric vehicle company <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> which experienced an intensifying sell-off in December that is putting Tesla on track to its worst month ever. After Tesla lost more than $800B in market cap this year and controversy mounted over Elon Musk&#39;s time-consuming involvement with Twitter/stock sales, I believe the risk profile and the valuation are at their most attractive points in years. Considering that China&#39;s economy is reopening and that Tesla has the most mature footprint in the EV industry, I believe the valuation drop and negative sentiment overhang make Tesla very compelling as a long-term EV investment.</p><h2>Tesla is ending a terrible year with its worst monthly performance ever</h2><p>Tesla is ending FY 2022 with massive valuation losses that have yielded enormous windfall profits for short sellers that bet against the electric vehicle company at the beginning of the year. Tesla&#39;s shares have experienced a bloodbath this year, losing 68% YTD and 42% so far this month, making December 2022 potentially the worst month for the electric vehicle company ever.</p><p><img src=\"https://static.tigerbbs.com/b016866b26d76d99fd4332604cbff3fd\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><h2>Controversies are weighing on Tesla&#39;s valuation, soaring short interest</h2><p>There are multiple controversies that played a role in Tesla&#39;s stock plunge, including the extraordinary amount of time Elon Musk spends on Twitter, COVID-19 lockdowns in China that interrupted the ramp of Tesla&#39;s Model 3 and Model Y as well as his unprecedented sales of Tesla stock in order to finance the acquisition of Twitter. According to a disclosure made on December 14, 2022, Elon Musk recently sold 22M shares of Tesla between December 12 and December 14, resulting in transaction proceeds of $3.6B. Although Elon Musk later said on Twitter Spaces that he won&#39;t sell any more shares over the next 18-24 months, investors don&#39;t seem to believe it, at least for now.</p><p><img src=\"https://static.tigerbbs.com/f395d39826c8e23997eeb11280dd73cf\" tg-width=\"640\" tg-height=\"173\" referrerpolicy=\"no-referrer\"/></p><p>Source: Electrek</p><p>Additionally, a big problem for Tesla has been that short sellers took advantage of Tesla&#39;s downfall in December which resulted in a soaring short interest ratio for shares of Tesla. Soaring short interest, in my opinion, could also be seen as a contrarian indicator.</p><p><img src=\"https://static.tigerbbs.com/573fa987e96d402354e65cdec79cde4c\" tg-width=\"640\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>Source: Yahoo Finance</p><p>But putting all this noise aside, I believe investors that focus on Tesla&#39;s achievements in the EV industry and potential for long-term growth actually get really good value now.</p><h2>Tesla&#39;s factory output in China recovered and reached a fresh high</h2><p>After multiple production setbacks in FY 2022 due to factory lockdowns in China, production and deliveries at Tesla&#39;s Shanghai Gigafactory are ramping up rapidly. Tesla delivered 100,291 electric vehicles in November, showing 90% year-over-year growth. It was also a new 4-month reopening high for Tesla and it is an achievement the electric vehicle company can build on in the coming months. With about 100,000 electric vehicles produced in November, Tesla could achieve a 1.2M production volume in FY 2023, but potentially much more as I expect a ramp in production after the Gigafactory in Shanghai reopens after the Chinese New Year. The new delivery record is good news for investors, chiefly because the market ignored it and seems overly obsessed with other non-production related factors surrounding Tesla. A contrarian indicator, perhaps? I think so!</p><p></p><p><img src=\"https://static.tigerbbs.com/7d60d5fc681c7265ba2a21f440844f2e\" tg-width=\"640\" tg-height=\"289\" referrerpolicy=\"no-referrer\"/></p><p>Source: InsideEVs</p><p>The broad reopening of the Chinese economy and the easing of COVID-19 restrictions could be a catalyst for Tesla&#39;s growth in deliveries, but the real reason to buy Tesla, I believe, is the valuation: after a near-70% drawdown in the firm&#39;s valuation this year, Tesla is actually compellingly cheap, at least based off of its historical standard.</p><h2>Is Tesla&#39;s unprecedented price drop alone a reason to buy the shares?</h2><p>The 42% decline in Tesla&#39;s valuation in December and 68% decline in 2022 has reduced a lot of the premium that was built into the EV firm&#39;s valuation in the past. Since Tesla was punished for a variety of factors that were totally unrelated to Tesla&#39;s execution (Twitter distraction, stock sales) or of only temporary nature, such as China&#39;s factory lockdowns, I believe Tesla is currently extremely attractively valued based on a variety of metrics.</p><p>Tesla is the leading EV company in the world (based on output and revenues) and is currently trading at a forward P/E ratio of 20.4x and that&#39;s despite Tesla being projected to generate 34% year-over-year EPS growth in FY 2023. Compared against its historical valuation, Tesla is a bargain with its P/E ratio trading more than 50% below its 1-year average P/E ratio of 46.6x.</p><p><img src=\"https://static.tigerbbs.com/08d92a1d38d6366b57078028e1112f60\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>Given the expected launch of the Cybertruck next year and a continual recovery in China-based production volumes, I believe a change in investor sentiment could also drive an upwards revaluation of Tesla&#39;s revenue estimates. The trend for Tesla&#39;s revenue estimates was generally a positive one in FY 2022, despite production limitations and other distractions. According to Seeking Alpha-provided estimates, Tesla is expected to grow its revenues 37% in FY 2023 and 26% in FY 2024, with the Cybertruck expected to make its first revenue contributions in the second half of next year. I believe that Tesla could deliver 80-90 thousand Cybertrucks in FY 2023 before ramping deliveries up to 200 thousand by FY 2024.</p><p><img src=\"https://static.tigerbbs.com/8d3d31f4107435d218d22ae093fe331b\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>Based off of revenues, Tesla is also looking increasingly attractive with the firm&#39;s revenue potential now being cheaper than that of Lucid Group (LCID), despite Tesla already delivering millions of cars to customers.</p><p><img src=\"https://static.tigerbbs.com/abd29ac0744982704419373383495922\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>Right now, Tesla&#39;s forward P/S ratio is 56% below its 1-year average P/S ratio. Almost all of the under-performance relative to the 1-year P/S average has occurred since the end of October.</p><p><img src=\"https://static.tigerbbs.com/2f7b416c0976165ab4b552eeefb86682\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><h2>Tesla is oversold</h2><p>What makes Tesla especially attractive, I believe, is the technical sentiment reflected in the Relative Strength Index. Tesla has become widely oversold based on this index lately and shows a value of 20.2. Tesla hasn&#39;t been this technically oversold in at least a year. While I don&#39;t decide how and where to invest based on RSI, it can be seen as a contrarian indicator (in connection with Tesla&#39;s soaring short interest).</p><p><img src=\"https://static.tigerbbs.com/715da9e1d601b67ca63adac3a1600654\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><h2>Risks with Tesla</h2><p>There are many risks with Tesla including the possibility of further stock sales on the part of Elon Musk which could further depress Tesla&#39;s share price, but likely only in the near term as the recovery in Tesla&#39;s China production is a strong catalyst for delivery growth in FY 2023. Additionally, Tesla&#39;s short interest may remain high in the short term as bears seek to exploit Tesla&#39;s draw-down to the fullest. In the longer term, however, real economic concerns should take precedence for Tesla investors and I definitely see pricing and demand risks here for the electric vehicle sector. EV companies may see compressing vehicle margins as inflation continues to pressure consumers and higher raw material/battery costs represent a challenge as well. Since Tesla has the most mature production footprint in the sector, I believe Tesla is in the best position to deal with such risks.</p><h2>Final thoughts</h2><p>Tesla had a terrible December with the price of the EV firm&#39;s shares dropping 42% so far this month and December 2022 will likely end as the worst month for Tesla&#39;s shares ever. There are reasons for the decline in Tesla&#39;s market cap, but none, I believe, are related to either Tesla&#39;s execution or Tesla&#39;s growth prospects. The fact that Tesla&#39;s short interest has soared in December and short sellers piled on the EV company, resulting in oversold technical sentiment, is actually the precise reason why I like Tesla more than ever.</p><p>The market has become too fearful of Tesla due to a series of unfavorable news, but I believe all of the factors discussed here (Twitter, stock sales, production setbacks) are transitory and Tesla could soon be able to recover from this unprecedented sell-off, especially if the market&#39;s focus returns to Tesla&#39;s improving delivery growth and a reopening Chinese economy. Since the shares have a very attractive valuation and the best risk profile in years, I believe investors should lean into the fear and buy the bloodbath!</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Buy The Bloodbath</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: Buy The Bloodbath\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-30 23:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4567014-tesla-stock-bloodbath-buy><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla has seen an accelerating decline in December with the stock losing 42%.Other controversies surrounding Elon Musk have created negative sentiment overhang, resulting in a soaring short ...</p>\n\n<a href=\"https://seekingalpha.com/article/4567014-tesla-stock-bloodbath-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4567014-tesla-stock-bloodbath-buy","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2295554929","content_text":"SummaryTesla has seen an accelerating decline in December with the stock losing 42%.Other controversies surrounding Elon Musk have created negative sentiment overhang, resulting in a soaring short interest for Tesla.However, Tesla has a very attractive valuation and risk profile right now.A unique buying opportunity has revealed itself for shares of electric vehicle company Tesla which experienced an intensifying sell-off in December that is putting Tesla on track to its worst month ever. After Tesla lost more than $800B in market cap this year and controversy mounted over Elon Musk's time-consuming involvement with Twitter/stock sales, I believe the risk profile and the valuation are at their most attractive points in years. Considering that China's economy is reopening and that Tesla has the most mature footprint in the EV industry, I believe the valuation drop and negative sentiment overhang make Tesla very compelling as a long-term EV investment.Tesla is ending a terrible year with its worst monthly performance everTesla is ending FY 2022 with massive valuation losses that have yielded enormous windfall profits for short sellers that bet against the electric vehicle company at the beginning of the year. Tesla's shares have experienced a bloodbath this year, losing 68% YTD and 42% so far this month, making December 2022 potentially the worst month for the electric vehicle company ever.Data by YChartsControversies are weighing on Tesla's valuation, soaring short interestThere are multiple controversies that played a role in Tesla's stock plunge, including the extraordinary amount of time Elon Musk spends on Twitter, COVID-19 lockdowns in China that interrupted the ramp of Tesla's Model 3 and Model Y as well as his unprecedented sales of Tesla stock in order to finance the acquisition of Twitter. According to a disclosure made on December 14, 2022, Elon Musk recently sold 22M shares of Tesla between December 12 and December 14, resulting in transaction proceeds of $3.6B. Although Elon Musk later said on Twitter Spaces that he won't sell any more shares over the next 18-24 months, investors don't seem to believe it, at least for now.Source: ElectrekAdditionally, a big problem for Tesla has been that short sellers took advantage of Tesla's downfall in December which resulted in a soaring short interest ratio for shares of Tesla. Soaring short interest, in my opinion, could also be seen as a contrarian indicator.Source: Yahoo FinanceBut putting all this noise aside, I believe investors that focus on Tesla's achievements in the EV industry and potential for long-term growth actually get really good value now.Tesla's factory output in China recovered and reached a fresh highAfter multiple production setbacks in FY 2022 due to factory lockdowns in China, production and deliveries at Tesla's Shanghai Gigafactory are ramping up rapidly. Tesla delivered 100,291 electric vehicles in November, showing 90% year-over-year growth. It was also a new 4-month reopening high for Tesla and it is an achievement the electric vehicle company can build on in the coming months. With about 100,000 electric vehicles produced in November, Tesla could achieve a 1.2M production volume in FY 2023, but potentially much more as I expect a ramp in production after the Gigafactory in Shanghai reopens after the Chinese New Year. The new delivery record is good news for investors, chiefly because the market ignored it and seems overly obsessed with other non-production related factors surrounding Tesla. A contrarian indicator, perhaps? I think so!Source: InsideEVsThe broad reopening of the Chinese economy and the easing of COVID-19 restrictions could be a catalyst for Tesla's growth in deliveries, but the real reason to buy Tesla, I believe, is the valuation: after a near-70% drawdown in the firm's valuation this year, Tesla is actually compellingly cheap, at least based off of its historical standard.Is Tesla's unprecedented price drop alone a reason to buy the shares?The 42% decline in Tesla's valuation in December and 68% decline in 2022 has reduced a lot of the premium that was built into the EV firm's valuation in the past. Since Tesla was punished for a variety of factors that were totally unrelated to Tesla's execution (Twitter distraction, stock sales) or of only temporary nature, such as China's factory lockdowns, I believe Tesla is currently extremely attractively valued based on a variety of metrics.Tesla is the leading EV company in the world (based on output and revenues) and is currently trading at a forward P/E ratio of 20.4x and that's despite Tesla being projected to generate 34% year-over-year EPS growth in FY 2023. Compared against its historical valuation, Tesla is a bargain with its P/E ratio trading more than 50% below its 1-year average P/E ratio of 46.6x.Data by YChartsGiven the expected launch of the Cybertruck next year and a continual recovery in China-based production volumes, I believe a change in investor sentiment could also drive an upwards revaluation of Tesla's revenue estimates. The trend for Tesla's revenue estimates was generally a positive one in FY 2022, despite production limitations and other distractions. According to Seeking Alpha-provided estimates, Tesla is expected to grow its revenues 37% in FY 2023 and 26% in FY 2024, with the Cybertruck expected to make its first revenue contributions in the second half of next year. I believe that Tesla could deliver 80-90 thousand Cybertrucks in FY 2023 before ramping deliveries up to 200 thousand by FY 2024.Data by YChartsBased off of revenues, Tesla is also looking increasingly attractive with the firm's revenue potential now being cheaper than that of Lucid Group (LCID), despite Tesla already delivering millions of cars to customers.Data by YChartsRight now, Tesla's forward P/S ratio is 56% below its 1-year average P/S ratio. Almost all of the under-performance relative to the 1-year P/S average has occurred since the end of October.Data by YChartsTesla is oversoldWhat makes Tesla especially attractive, I believe, is the technical sentiment reflected in the Relative Strength Index. Tesla has become widely oversold based on this index lately and shows a value of 20.2. Tesla hasn't been this technically oversold in at least a year. While I don't decide how and where to invest based on RSI, it can be seen as a contrarian indicator (in connection with Tesla's soaring short interest).Data by YChartsRisks with TeslaThere are many risks with Tesla including the possibility of further stock sales on the part of Elon Musk which could further depress Tesla's share price, but likely only in the near term as the recovery in Tesla's China production is a strong catalyst for delivery growth in FY 2023. Additionally, Tesla's short interest may remain high in the short term as bears seek to exploit Tesla's draw-down to the fullest. In the longer term, however, real economic concerns should take precedence for Tesla investors and I definitely see pricing and demand risks here for the electric vehicle sector. EV companies may see compressing vehicle margins as inflation continues to pressure consumers and higher raw material/battery costs represent a challenge as well. Since Tesla has the most mature production footprint in the sector, I believe Tesla is in the best position to deal with such risks.Final thoughtsTesla had a terrible December with the price of the EV firm's shares dropping 42% so far this month and December 2022 will likely end as the worst month for Tesla's shares ever. There are reasons for the decline in Tesla's market cap, but none, I believe, are related to either Tesla's execution or Tesla's growth prospects. The fact that Tesla's short interest has soared in December and short sellers piled on the EV company, resulting in oversold technical sentiment, is actually the precise reason why I like Tesla more than ever.The market has become too fearful of Tesla due to a series of unfavorable news, but I believe all of the factors discussed here (Twitter, stock sales, production setbacks) are transitory and Tesla could soon be able to recover from this unprecedented sell-off, especially if the market's focus returns to Tesla's improving delivery growth and a reopening Chinese economy. Since the shares have a very attractive valuation and the best risk profile in years, I believe investors should lean into the fear and buy the bloodbath!","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963026262,"gmtCreate":1668556747356,"gmtModify":1676538074560,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Shifting to fight the Asia monopoly&nbsp;","listText":"Shifting to fight the Asia monopoly&nbsp;","text":"Shifting to fight the Asia monopoly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9963026262","repostId":"1133094195","repostType":4,"repost":{"id":"1133094195","kind":"news","pubTimestamp":1668556129,"share":"https://ttm.financial/m/news/1133094195?lang=&edition=fundamental","pubTime":"2022-11-16 07:48","market":"us","language":"en","title":"Apple CEO Cook Says Tech Giant Will Start Sourcing Chips From Arizona in 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=1133094195","media":"Seeking Alpha","summary":"Apple CEO Tim Cook said on Tuesday that the tech giant would source some of its chips from Arizona a","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a> CEO Tim Cook said on Tuesday that the tech giant would source some of its chips from Arizona as the company looks to diversify its supply chain, according to Bloomberg.</p><p>The news outlet, citing an internal meeting that Cook had in Germany with local engineering and retail employees, added that the Apple chieftain said the tech giant would be buying from a plant in Arizona that starts in 2024 and may also look to buy in Europe.</p><p>&#34;We’ve already made a decision to be buying out of a plant in Arizona, and this plant in Arizona starts up in ’24, so we’ve got about two years ahead of us on that one, maybe a little less,” Cook told the employees. &#34;And in Europe, I’m sure that we will also source from Europe as those plans become more apparent.&#34;</p><p>Also attending the meeting were Apple&#39;s (AAPL) services head Eddy Cue and Deirdre O&#39;Brien, its head of retail and human resources, Bloomberg added.</p><p><a href=\"https://laohu8.com/S/TSM\">Taiwan Semiconductor</a> is currently building a plant in the Grand Canyon State that is scheduled to be completed in 2024.</p><p>Earlier this month, it was reported that Taiwan Semiconductor (TSM) was planning a multi-billion dollar expansion to its Arizona factory.</p><p><a href=\"https://laohu8.com/S/INTC\">Intel</a> is also in the process of expanding its plant in Ocotillo, Arizona and recently disclosed that it had partnered with Brookfield Infrastructure Partners (BIP) (BAM) in a deal worth up to $30B to help pay for its expansion plans.</p><p>During the meeting, Cook said that 60% of the world&#39;s processors come from Taiwan, but added that &#34;regardless of what you may feel and think, 60% coming out of anywhere is probably not a strategic position.&#34;</p><p>Cook also said that he believes there will be a &#34;significant investment in capability and capacity in both the United States and Europe to try to reorient the market share of where silicon is produced.”</p><p>The U.S. government recently passed the CHIPS and Science Act aimed to spur domestic production and manufacturing of semiconductors.</p><p>Europe also recently passed its own version of the CHIPS Act.</p><p>Apple (AAPL) shares gained 1.2% to finish at $150.04.</p><p>Last week, Apple (AAPL) said that it will invest $450M to power the new Emergency SOS system available on the iPhone 14.</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>Apple CEO Cook Says Tech Giant Will Start Sourcing Chips From Arizona in 2024</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 CEO Cook Says Tech Giant Will Start Sourcing Chips From Arizona in 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-16 07:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3908309-apple-ceo-cook-says-tech-giant-will-start-sourcing-chips-from-arizona-in-2024-report><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple CEO Tim Cook said on Tuesday that the tech giant would source some of its chips from Arizona as the company looks to diversify its supply chain, according to Bloomberg.The news outlet, citing an...</p>\n\n<a href=\"https://seekingalpha.com/news/3908309-apple-ceo-cook-says-tech-giant-will-start-sourcing-chips-from-arizona-in-2024-report\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/news/3908309-apple-ceo-cook-says-tech-giant-will-start-sourcing-chips-from-arizona-in-2024-report","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133094195","content_text":"Apple CEO Tim Cook said on Tuesday that the tech giant would source some of its chips from Arizona as the company looks to diversify its supply chain, according to Bloomberg.The news outlet, citing an internal meeting that Cook had in Germany with local engineering and retail employees, added that the Apple chieftain said the tech giant would be buying from a plant in Arizona that starts in 2024 and may also look to buy in Europe.\"We’ve already made a decision to be buying out of a plant in Arizona, and this plant in Arizona starts up in ’24, so we’ve got about two years ahead of us on that one, maybe a little less,” Cook told the employees. \"And in Europe, I’m sure that we will also source from Europe as those plans become more apparent.\"Also attending the meeting were Apple's (AAPL) services head Eddy Cue and Deirdre O'Brien, its head of retail and human resources, Bloomberg added.Taiwan Semiconductor is currently building a plant in the Grand Canyon State that is scheduled to be completed in 2024.Earlier this month, it was reported that Taiwan Semiconductor (TSM) was planning a multi-billion dollar expansion to its Arizona factory.Intel is also in the process of expanding its plant in Ocotillo, Arizona and recently disclosed that it had partnered with Brookfield Infrastructure Partners (BIP) (BAM) in a deal worth up to $30B to help pay for its expansion plans.During the meeting, Cook said that 60% of the world's processors come from Taiwan, but added that \"regardless of what you may feel and think, 60% coming out of anywhere is probably not a strategic position.\"Cook also said that he believes there will be a \"significant investment in capability and capacity in both the United States and Europe to try to reorient the market share of where silicon is produced.”The U.S. government recently passed the CHIPS and Science Act aimed to spur domestic production and manufacturing of semiconductors.Europe also recently passed its own version of the CHIPS Act.Apple (AAPL) shares gained 1.2% to finish at $150.04.Last week, Apple (AAPL) said that it will invest $450M to power the new Emergency SOS system available on the iPhone 14.","news_type":1},"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9061676853,"gmtCreate":1651624656451,"gmtModify":1676534937701,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Let's hope a steady stream of growth in this month onwards for all the REIT&nbsp;shares in Singapore&nbsp;","listText":"Let's hope a steady stream of growth in this month onwards for all the REIT&nbsp;shares in Singapore&nbsp;","text":"Let's hope a steady stream of growth in this month onwards for all the REIT shares in Singapore","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9061676853","repostId":"1182365501","repostType":4,"repost":{"id":"1182365501","kind":"news","pubTimestamp":1651622656,"share":"https://ttm.financial/m/news/1182365501?lang=&edition=fundamental","pubTime":"2022-05-04 08:04","market":"sg","language":"en","title":"Soft Start Predicted For Singapore Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1182365501","media":"RTTNews","summary":"Ahead of the break for Eid-ul-Fitr, the Singapore stock market had finished higher in two straight s","content":"<html><head></head><body><p>Ahead of the break for Eid-ul-Fitr, the Singapore stock market had finished higher in two straight sessions, gathering more than 35 points or 1.1 percent along the way. The Straits Times Index now rests just above the 3,355-point plateau although it&#39;s likely to open under pressure Wednesday as it catches up on missed sentiment.</p><p>The global forecast for the Asian markets is positive on bargain hunting and sliding crude oil prices. The European and U.S. markets were up and the Asian markets figure to follow suit.</p><p>The STI finished modestly higher on Friday following gains from the plantations and mixed performances from the financials, properties and industrials.</p><p>For the day, the index gained 21.81 points or 0.65 percent to finish at 3,356.90 after trading between 3,344.68 and 3,389.64. Volume was 1.78 billion shares worth 2.02 billion Singapore dollars. There were 282 gainers and 224 decliners.</p><p>Among the actives, Ascendas REIT added 0.35 percent, while CapitaLand Investment jumped 1.68 percent, City Developments tumbled 1.95 percent, DBS Group soared 2.76 percent, Hongkong Land declined 1.26 percent, Keppel Corp rose 0.15 percent, Mapletree Commercial Trust retreated 1.06 percent, Mapletree Industrial Trust dropped 0.76 percent, Mapletree Logistics Trust advanced 0.56 percent, Oversea-Chinese Banking Corporation surged 3.60 percent, SATS plunged 2.57 percent, Singapore Exchange climbed 0.62 percent, Singapore Technologies Engineering shed 0.49 percent, SingTel fell 0.36 percent, Thai Beverage rallied 0.74 percent, United Overseas Bank sank 0.50 percent, Wilmar International accelerated 1.83 percent, Yangzijiang Financial plummeted 12.10 percent, Yangzijiang Shipbuilding spiked 2.25 percent and Comfort DelGro, Dairy Farm International, SembCorp Industries, CapitaLand Integrated Commercial Trust and Genting Singapore were unchanged.</p><p>The lead from Wall Street suggests mild upside as the major averages bounced back and forth across the unchanged line all day on Tuesday before finally ending with modest gains.</p><p>The Dow added 67.29 points or 0.20 percent to finish at 33,128.79, while the NASDAQ rose 27.74 points or 0.22 percent to end at 12,563.76 and the S&amp;P 500 gained 20.10 points or 0.48 percent to close at 4,175.48.</p><p>Some encouraging earnings updates and strong economic data aided sentiment ahead of the central bank&#39;s policy announcement later today.</p><table><tbody><tr></tr></tbody></table><p>The Fed is widely expected to raise interest rate by 50 basis points, the sharpest rate hike in about 22 years. The accompanying statement is eyed for clues about how aggressively the central bank plans to tighten monetary policy.</p><p>In economic news, the Commerce Department said new orders for U.S. manufactured goods spiked by more than expected in March. Also, the number of job openings in the U.S. rose by 205,000 from a month earlier to a series high of 11.549 million in March.</p><p>Crude oil prices fell sharply Tuesday on rising concerns about the outlook for energy demand. Also, fears of sharp interest rate hikes by the Federal Reserve weighed on oil prices. West Texas Intermediate Crude oil futures for June sank $2.76 or 2.6 percent at $102.41 a barrel.</p></body></html>","source":"lsy1626938412129","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>Soft Start Predicted For Singapore Stock Market</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\">\nSoft Start Predicted For Singapore Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-04 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3280832/soft-start-predicted-for-singapore-stock-market.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ahead of the break for Eid-ul-Fitr, the Singapore stock market had finished higher in two straight sessions, gathering more than 35 points or 1.1 percent along the way. The Straits Times Index now ...</p>\n\n<a href=\"https://www.rttnews.com/3280832/soft-start-predicted-for-singapore-stock-market.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3280832/soft-start-predicted-for-singapore-stock-market.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182365501","content_text":"Ahead of the break for Eid-ul-Fitr, the Singapore stock market had finished higher in two straight sessions, gathering more than 35 points or 1.1 percent along the way. The Straits Times Index now rests just above the 3,355-point plateau although it's likely to open under pressure Wednesday as it catches up on missed sentiment.The global forecast for the Asian markets is positive on bargain hunting and sliding crude oil prices. The European and U.S. markets were up and the Asian markets figure to follow suit.The STI finished modestly higher on Friday following gains from the plantations and mixed performances from the financials, properties and industrials.For the day, the index gained 21.81 points or 0.65 percent to finish at 3,356.90 after trading between 3,344.68 and 3,389.64. Volume was 1.78 billion shares worth 2.02 billion Singapore dollars. There were 282 gainers and 224 decliners.Among the actives, Ascendas REIT added 0.35 percent, while CapitaLand Investment jumped 1.68 percent, City Developments tumbled 1.95 percent, DBS Group soared 2.76 percent, Hongkong Land declined 1.26 percent, Keppel Corp rose 0.15 percent, Mapletree Commercial Trust retreated 1.06 percent, Mapletree Industrial Trust dropped 0.76 percent, Mapletree Logistics Trust advanced 0.56 percent, Oversea-Chinese Banking Corporation surged 3.60 percent, SATS plunged 2.57 percent, Singapore Exchange climbed 0.62 percent, Singapore Technologies Engineering shed 0.49 percent, SingTel fell 0.36 percent, Thai Beverage rallied 0.74 percent, United Overseas Bank sank 0.50 percent, Wilmar International accelerated 1.83 percent, Yangzijiang Financial plummeted 12.10 percent, Yangzijiang Shipbuilding spiked 2.25 percent and Comfort DelGro, Dairy Farm International, SembCorp Industries, CapitaLand Integrated Commercial Trust and Genting Singapore were unchanged.The lead from Wall Street suggests mild upside as the major averages bounced back and forth across the unchanged line all day on Tuesday before finally ending with modest gains.The Dow added 67.29 points or 0.20 percent to finish at 33,128.79, while the NASDAQ rose 27.74 points or 0.22 percent to end at 12,563.76 and the S&P 500 gained 20.10 points or 0.48 percent to close at 4,175.48.Some encouraging earnings updates and strong economic data aided sentiment ahead of the central bank's policy announcement later today.The Fed is widely expected to raise interest rate by 50 basis points, the sharpest rate hike in about 22 years. The accompanying statement is eyed for clues about how aggressively the central bank plans to tighten monetary policy.In economic news, the Commerce Department said new orders for U.S. manufactured goods spiked by more than expected in March. Also, the number of job openings in the U.S. rose by 205,000 from a month earlier to a series high of 11.549 million in March.Crude oil prices fell sharply Tuesday on rising concerns about the outlook for energy demand. Also, fears of sharp interest rate hikes by the Federal Reserve weighed on oil prices. West Texas Intermediate Crude oil futures for June sank $2.76 or 2.6 percent at $102.41 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957551991,"gmtCreate":1677434008613,"gmtModify":1677434013296,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"One of the best&nbsp;","listText":"One of the best&nbsp;","text":"One of the best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957551991","repostId":"1117520516","repostType":4,"repost":{"id":"1117520516","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1677334099,"share":"https://ttm.financial/m/news/1117520516?lang=&edition=fundamental","pubTime":"2023-02-25 22:08","market":"us","language":"en","title":"Buffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills","url":"https://stock-news.laohu8.com/highlight/detail?id=1117520516","media":"Tiger Newspress","summary":"Warren Buffett is still betting on America.Stocks and bonds slumped in 2022 after central banks rais","content":"<html><head></head><body><p>Warren Buffett is still betting on America.</p><p>Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.</p><p>“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.</p><p>Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.</p><p>Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.</p><p>The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.</p><p>As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.</p><p>“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.</p><p>Berkshire also released its results for 2022 on Saturday.</p><p>The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.</p><p>Total revenue rose 9.4% to $302.1 billion.</p><p>Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.</p><p>Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.</p><p>“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.</p><h2>Read the full letter here:</h2><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.</p><p>A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.</p><p>Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.</p><p>The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.</p><p>Who wouldn’t enjoy working for shareholders like ours?</p><h2>What We Do</h2><p>Charlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.</p><p>In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.</p><p>Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”</p><p>One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.</p><p>Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.</p><p>* * * * * * * * * * * *</p><p>At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)</p><p>Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.</p><h2>The Secret Sauce</h2><p>In August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.</p><p>The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.</p><p>American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.</p><p>These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.</p><p>Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.</p><p>The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.</p><h2>The Past Year in Brief</h2><p>Berkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:</p><p><img src=\"https://static.tigerbbs.com/69e74650656620f9fa3f1e55c15a90e5\" tg-width=\"797\" tg-height=\"207\" width=\"100%\" height=\"auto\"/></p><p>The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.</p><p>A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.</p><p>Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.</p><p>* * * * * * * * * * * *</p><p>A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.</p><p>The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.</p><p>Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?</p><p>When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).</p><p>Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.</p><p>And that is a promise we can make.</p><p>* * * * * * * * * * * *</p><p>Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.</p><p>That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.</p><h2>58 Years – and a Few Figures</h2><p>In 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.</p><p>And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.</p><p>Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.</p><p>Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&amp;P 500 Index, an elite collection of large and well-known American companies.</p><p>In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.</p><p>At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.</p><p>In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and</p><p>$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.</p><p>As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.</p><p>At Berkshire, there will be no finish line.</p><h2>Some Surprising Facts About Federal Taxes</h2><p>During the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.</p><p>Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.</p><p>The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.</p><p>And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.</p><p>* * * * * * * * * * * *</p><p>Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:</p><p>- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.</p><p>- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.</p><p>- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.</p><p>When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”</p><p>* * * * * * * * * * * *</p><p>At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.</p><p>I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.</p><h2>Nothing Beats Having a Great Partner</h2><p>Charlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.</p><p>Here are a few of his thoughts, many lifted from a very recent podcast:</p><p>- The world is full of foolish gamblers, and they will not do as well as the patient investor.</p><p>- If you don’t see the world the way it is, it’s like judging something through a distorted lens.</p><p>- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.</p><p>- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.</p><p>- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.</p><p>- You can learn a lot from dead people. Read of the deceased you admire and detest.</p><p>- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.</p><p>- A great company keeps working after you are not; a mediocre company won’t do that.</p><p>- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.</p><p>- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.</p><p>- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.</p><p>- You don’t, however, need to own a lot of things in order to get rich.</p><p>- You have to keep learning if you want to become a great investor. When the world changes, you must change.</p><p>- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.</p><p>- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”</p><p>And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.</p><p>* * * * * * * * * * * *</p><p>I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.</p><h2>A Family Gathering in Omaha</h2><p>Charlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.</p><p>From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?</p><p>I know you can’t wait to hear the specifics of last year’s hustle.</p><p>On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.</p><p>Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.</p><p>* * * * * * * * * * * *</p><p>Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.</p><p>February 25, 2023 Warren E. Buffett </p><p>Chairman of the Board</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-02-25 22:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett is still betting on America.</p><p>Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.</p><p>“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.</p><p>Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.</p><p>Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.</p><p>The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.</p><p>As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.</p><p>“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.</p><p>Berkshire also released its results for 2022 on Saturday.</p><p>The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.</p><p>Total revenue rose 9.4% to $302.1 billion.</p><p>Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.</p><p>Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.</p><p>“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.</p><h2>Read the full letter here:</h2><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.</p><p>A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.</p><p>Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.</p><p>The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.</p><p>Who wouldn’t enjoy working for shareholders like ours?</p><h2>What We Do</h2><p>Charlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.</p><p>In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.</p><p>Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”</p><p>One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.</p><p>Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.</p><p>* * * * * * * * * * * *</p><p>At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)</p><p>Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.</p><h2>The Secret Sauce</h2><p>In August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.</p><p>The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.</p><p>American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.</p><p>These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.</p><p>Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.</p><p>The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.</p><h2>The Past Year in Brief</h2><p>Berkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:</p><p><img src=\"https://static.tigerbbs.com/69e74650656620f9fa3f1e55c15a90e5\" tg-width=\"797\" tg-height=\"207\" width=\"100%\" height=\"auto\"/></p><p>The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.</p><p>A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.</p><p>Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.</p><p>* * * * * * * * * * * *</p><p>A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.</p><p>The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.</p><p>Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?</p><p>When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).</p><p>Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.</p><p>And that is a promise we can make.</p><p>* * * * * * * * * * * *</p><p>Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.</p><p>That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.</p><h2>58 Years – and a Few Figures</h2><p>In 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.</p><p>And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.</p><p>Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.</p><p>Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&amp;P 500 Index, an elite collection of large and well-known American companies.</p><p>In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.</p><p>At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.</p><p>In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and</p><p>$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.</p><p>As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.</p><p>At Berkshire, there will be no finish line.</p><h2>Some Surprising Facts About Federal Taxes</h2><p>During the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.</p><p>Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.</p><p>The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.</p><p>And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.</p><p>* * * * * * * * * * * *</p><p>Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:</p><p>- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.</p><p>- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.</p><p>- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.</p><p>When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”</p><p>* * * * * * * * * * * *</p><p>At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.</p><p>I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.</p><h2>Nothing Beats Having a Great Partner</h2><p>Charlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.</p><p>Here are a few of his thoughts, many lifted from a very recent podcast:</p><p>- The world is full of foolish gamblers, and they will not do as well as the patient investor.</p><p>- If you don’t see the world the way it is, it’s like judging something through a distorted lens.</p><p>- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.</p><p>- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.</p><p>- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.</p><p>- You can learn a lot from dead people. Read of the deceased you admire and detest.</p><p>- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.</p><p>- A great company keeps working after you are not; a mediocre company won’t do that.</p><p>- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.</p><p>- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.</p><p>- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.</p><p>- You don’t, however, need to own a lot of things in order to get rich.</p><p>- You have to keep learning if you want to become a great investor. When the world changes, you must change.</p><p>- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.</p><p>- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”</p><p>And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.</p><p>* * * * * * * * * * * *</p><p>I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.</p><h2>A Family Gathering in Omaha</h2><p>Charlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.</p><p>From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?</p><p>I know you can’t wait to hear the specifics of last year’s hustle.</p><p>On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.</p><p>Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.</p><p>* * * * * * * * * * * *</p><p>Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.</p><p>February 25, 2023 Warren E. Buffett </p><p>Chairman of the Board</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117520516","content_text":"Warren Buffett is still betting on America.Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.Berkshire also released its results for 2022 on Saturday.The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.Total revenue rose 9.4% to $302.1 billion.Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.Read the full letter here:To the Shareholders of Berkshire Hathaway Inc.:Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.Who wouldn’t enjoy working for shareholders like ours?What We DoCharlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.* * * * * * * * * * * *At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.The Secret SauceIn August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.The Past Year in BriefBerkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.* * * * * * * * * * * *A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.And that is a promise we can make.* * * * * * * * * * * *Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.58 Years – and a Few FiguresIn 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&P 500 Index, an elite collection of large and well-known American companies.In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.At Berkshire, there will be no finish line.Some Surprising Facts About Federal TaxesDuring the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.* * * * * * * * * * * *Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”* * * * * * * * * * * *At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.Nothing Beats Having a Great PartnerCharlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.Here are a few of his thoughts, many lifted from a very recent podcast:- The world is full of foolish gamblers, and they will not do as well as the patient investor.- If you don’t see the world the way it is, it’s like judging something through a distorted lens.- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.- You can learn a lot from dead people. Read of the deceased you admire and detest.- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.- A great company keeps working after you are not; a mediocre company won’t do that.- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.- You don’t, however, need to own a lot of things in order to get rich.- You have to keep learning if you want to become a great investor. When the world changes, you must change.- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.* * * * * * * * * * * *I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.A Family Gathering in OmahaCharlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?I know you can’t wait to hear the specifics of last year’s hustle.On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.* * * * * * * * * * * *Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.February 25, 2023 Warren E. Buffett Chairman of the Board","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921200441,"gmtCreate":1671062186183,"gmtModify":1676538482801,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Hope to see improvement&nbsp;","listText":"Hope to see improvement&nbsp;","text":"Hope to see improvement","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9921200441","repostId":"2291844850","repostType":4,"repost":{"id":"2291844850","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":1671058684,"share":"https://ttm.financial/m/news/2291844850?lang=&edition=fundamental","pubTime":"2022-12-15 06:58","market":"us","language":"en","title":"Wall Street Ends Lower After Latest Fed Rate Hike","url":"https://stock-news.laohu8.com/highlight/detail?id=2291844850","media":"Reuters","summary":"* Fed raises interest rates by 50 basis points* Summary of economic projections sees higher policy r","content":"<html><head></head><body><p>* Fed raises interest rates by 50 basis points</p><p>* Summary of economic projections sees higher policy rate</p><p>* Tesla falls after Goldman cuts price target</p><p>* Dow down 0.42%, S&amp;P 500 down 0.61%, Nasdaq down 0.76%</p><p><img src=\"https://static.tigerbbs.com/605a67e74e73b0af686fc3093f27837c\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Dec 14 (Reuters) - U.S. stocks closed lower in volatile trading on Wednesday following a policy announcement by the Federal Reserve that raised interest rates by an expected 50 basis points, but its economic projections see higher rates for a longer period.</p><p>The central bank raised interest rates by half a percentage point on Wednesday and projected at least an additional 75 basis points of increases in borrowing costs by the end of 2023, as well as a rise in unemployment and a near-stalling of economic growth.</p><p>The Fed&#39;s latest quarterly summary of economic projections shows U.S. central bankers see the policy rate - now in the 4.25%-to-4.5% range - at 5.1% by the end of next year, according to the median estimate of all 19 Fed policymakers, up from the 4.6% view at the end of September.</p><p>In comments after the statement, Fed Chair Jerome Powell said it was too soon to talk about cutting rates as the focus is on making the central bank&#39;s policy stance restrictive enough to push inflation down to its 2% goal.</p><p>Economic data on Tuesday, which showed cooling consumer inflation for November, had heightened expectations a move by the Fed to halt rate hikes might be on the horizon next year.</p><p>“They may be using these sort of very aggressive dot plot forecasts to take any steam out of the easing that has gone on in the last couple of months,&#34; said Rhys Williams, chief strategist at Spouting Rock Asset Management in Bryn Mawr, Pennsylvania, said of Feb policymakers.</p><p>&#34;Conditions have eased, and that is their way of jawboning they are not going to let any easing really happen until they see unemployment go up.&#34;</p><p>The Dow Jones Industrial Average fell 142.29 points, or 0.42%, to 33,966.35, the S&amp;P 500 lost 24.33 points, or 0.61%, to 3,995.32 and the Nasdaq Composite dropped 85.93 points, or 0.76%, to 11,170.89.</p><p>Nearly all of the 11 major S&amp;P sectors ended the session in negative territory, with healthcare the sole advancer. Financials, down 1.29%, were the worst performing sector.</p><p>Despite the Fed statement, U.S. Treasury yields were slightly lower after initially jumping in the wake of the announcement.</p><p>The strategy of aggressive interest rate increases by major central banks around the world this year has increased worries the global economy could be pushed into a recession and weighed heavily on riskier assets such as equities this year.</p><p>Each of the three major averages on Wall Street are on track for their first yearly decline since 2018, and their biggest yearly percentage decline since the financial crisis of 2008.</p><p>Tesla Inc slipped 2.58% after a Goldman Sachs analyst trimmed the price target for the electric-vehicle maker&#39;s stock.</p><p>Charter Communications Inc tumbled 16.38% as brokerages cut their price targets following the telecom services firm&#39;s mega-spending plans for a higher-speed internet upgrade.</p><p>Volume on U.S. exchanges was 12.15 billion shares, compared with the 10.55 billion-share average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.39-to-1 ratio; on Nasdaq, a 1.42-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted eight new 52-week highs and two new lows; the Nasdaq Composite recorded 82 new highs and 223 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Ends Lower After Latest Fed Rate Hike</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 Lower After Latest Fed Rate Hike\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-15 06:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Fed raises interest rates by 50 basis points</p><p>* Summary of economic projections sees higher policy rate</p><p>* Tesla falls after Goldman cuts price target</p><p>* Dow down 0.42%, S&amp;P 500 down 0.61%, Nasdaq down 0.76%</p><p><img src=\"https://static.tigerbbs.com/605a67e74e73b0af686fc3093f27837c\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Dec 14 (Reuters) - U.S. stocks closed lower in volatile trading on Wednesday following a policy announcement by the Federal Reserve that raised interest rates by an expected 50 basis points, but its economic projections see higher rates for a longer period.</p><p>The central bank raised interest rates by half a percentage point on Wednesday and projected at least an additional 75 basis points of increases in borrowing costs by the end of 2023, as well as a rise in unemployment and a near-stalling of economic growth.</p><p>The Fed&#39;s latest quarterly summary of economic projections shows U.S. central bankers see the policy rate - now in the 4.25%-to-4.5% range - at 5.1% by the end of next year, according to the median estimate of all 19 Fed policymakers, up from the 4.6% view at the end of September.</p><p>In comments after the statement, Fed Chair Jerome Powell said it was too soon to talk about cutting rates as the focus is on making the central bank&#39;s policy stance restrictive enough to push inflation down to its 2% goal.</p><p>Economic data on Tuesday, which showed cooling consumer inflation for November, had heightened expectations a move by the Fed to halt rate hikes might be on the horizon next year.</p><p>“They may be using these sort of very aggressive dot plot forecasts to take any steam out of the easing that has gone on in the last couple of months,&#34; said Rhys Williams, chief strategist at Spouting Rock Asset Management in Bryn Mawr, Pennsylvania, said of Feb policymakers.</p><p>&#34;Conditions have eased, and that is their way of jawboning they are not going to let any easing really happen until they see unemployment go up.&#34;</p><p>The Dow Jones Industrial Average fell 142.29 points, or 0.42%, to 33,966.35, the S&amp;P 500 lost 24.33 points, or 0.61%, to 3,995.32 and the Nasdaq Composite dropped 85.93 points, or 0.76%, to 11,170.89.</p><p>Nearly all of the 11 major S&amp;P sectors ended the session in negative territory, with healthcare the sole advancer. Financials, down 1.29%, were the worst performing sector.</p><p>Despite the Fed statement, U.S. Treasury yields were slightly lower after initially jumping in the wake of the announcement.</p><p>The strategy of aggressive interest rate increases by major central banks around the world this year has increased worries the global economy could be pushed into a recession and weighed heavily on riskier assets such as equities this year.</p><p>Each of the three major averages on Wall Street are on track for their first yearly decline since 2018, and their biggest yearly percentage decline since the financial crisis of 2008.</p><p>Tesla Inc slipped 2.58% after a Goldman Sachs analyst trimmed the price target for the electric-vehicle maker&#39;s stock.</p><p>Charter Communications Inc tumbled 16.38% as brokerages cut their price targets following the telecom services firm&#39;s mega-spending plans for a higher-speed internet upgrade.</p><p>Volume on U.S. exchanges was 12.15 billion shares, compared with the 10.55 billion-share average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.39-to-1 ratio; on Nasdaq, a 1.42-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted eight new 52-week highs and two new lows; the Nasdaq Composite recorded 82 new highs and 223 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4552":"Archegos爆仓风波概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4581":"高盛持仓","BK4127":"投资银行业与经纪业",".IXIC":"NASDAQ Composite","BK4559":"巴菲特持仓","BK4585":"ETF&股票定投概念",".DJI":"道琼斯","BK4534":"瑞士信贷持仓","BK4550":"红杉资本持仓","CHTR":"特许通讯","TSLA":"特斯拉","COMP":"Compass, Inc.","BK4539":"次新股",".SPX":"S&P 500 Index","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4079":"房地产服务","BK4504":"桥水持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2291844850","content_text":"* Fed raises interest rates by 50 basis points* Summary of economic projections sees higher policy rate* Tesla falls after Goldman cuts price target* Dow down 0.42%, S&P 500 down 0.61%, Nasdaq down 0.76%NEW YORK, Dec 14 (Reuters) - U.S. stocks closed lower in volatile trading on Wednesday following a policy announcement by the Federal Reserve that raised interest rates by an expected 50 basis points, but its economic projections see higher rates for a longer period.The central bank raised interest rates by half a percentage point on Wednesday and projected at least an additional 75 basis points of increases in borrowing costs by the end of 2023, as well as a rise in unemployment and a near-stalling of economic growth.The Fed's latest quarterly summary of economic projections shows U.S. central bankers see the policy rate - now in the 4.25%-to-4.5% range - at 5.1% by the end of next year, according to the median estimate of all 19 Fed policymakers, up from the 4.6% view at the end of September.In comments after the statement, Fed Chair Jerome Powell said it was too soon to talk about cutting rates as the focus is on making the central bank's policy stance restrictive enough to push inflation down to its 2% goal.Economic data on Tuesday, which showed cooling consumer inflation for November, had heightened expectations a move by the Fed to halt rate hikes might be on the horizon next year.“They may be using these sort of very aggressive dot plot forecasts to take any steam out of the easing that has gone on in the last couple of months,\" said Rhys Williams, chief strategist at Spouting Rock Asset Management in Bryn Mawr, Pennsylvania, said of Feb policymakers.\"Conditions have eased, and that is their way of jawboning they are not going to let any easing really happen until they see unemployment go up.\"The Dow Jones Industrial Average fell 142.29 points, or 0.42%, to 33,966.35, the S&P 500 lost 24.33 points, or 0.61%, to 3,995.32 and the Nasdaq Composite dropped 85.93 points, or 0.76%, to 11,170.89.Nearly all of the 11 major S&P sectors ended the session in negative territory, with healthcare the sole advancer. Financials, down 1.29%, were the worst performing sector.Despite the Fed statement, U.S. Treasury yields were slightly lower after initially jumping in the wake of the announcement.The strategy of aggressive interest rate increases by major central banks around the world this year has increased worries the global economy could be pushed into a recession and weighed heavily on riskier assets such as equities this year.Each of the three major averages on Wall Street are on track for their first yearly decline since 2018, and their biggest yearly percentage decline since the financial crisis of 2008.Tesla Inc slipped 2.58% after a Goldman Sachs analyst trimmed the price target for the electric-vehicle maker's stock.Charter Communications Inc tumbled 16.38% as brokerages cut their price targets following the telecom services firm's mega-spending plans for a higher-speed internet upgrade.Volume on U.S. exchanges was 12.15 billion shares, compared with the 10.55 billion-share average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.39-to-1 ratio; on Nasdaq, a 1.42-to-1 ratio favored decliners.The S&P 500 posted eight new 52-week highs and two new lows; the Nasdaq Composite recorded 82 new highs and 223 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":240241053605976,"gmtCreate":1699671741155,"gmtModify":1699671744616,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$&nbsp;</a>Rock","listText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$&nbsp;</a>Rock","text":"$Microsoft(MSFT)$ Rock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/240241053605976","isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937244974,"gmtCreate":1663461892198,"gmtModify":1676537272777,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Partially true 🧐","listText":"Partially true 🧐","text":"Partially true 🧐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9937244974","repostId":"2268672370","repostType":4,"repost":{"id":"2268672370","kind":"highlight","pubTimestamp":1663460267,"share":"https://ttm.financial/m/news/2268672370?lang=&edition=fundamental","pubTime":"2022-09-18 08:17","market":"us","language":"en","title":"Can the Fed Tame Inflation Without Further Crushing the Stock Market? What Investors Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2268672370","media":"MarketWatch","summary":"Investors should brace for more volatility with policy makers expected to deliver another jumbo rate","content":"<html><head></head><body><p>Investors should brace for more volatility with policy makers expected to deliver another jumbo rate hike</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5b4166c0ac7b0bdf7caa1837ef618a67\" tg-width=\"700\" tg-height=\"487\" width=\"100%\" height=\"auto\"/><span>Fed Chair Jerome Powell says bringing down inflation will cause pain for households and businesses.</span></p><p>The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and volatility because policy makers aren’t going to be cowed by a deepening selloff, investors and strategists said.</p><p>“I don’t think they’re necessarily trying to drive inflation down by destroying stock prices or bond prices, but it is having that effect.” said Tim Courtney, chief investment officer at Exencial Wealth Advisors, in an interview.</p><p>U.S. stocks fell sharply in the past week after hopes for a pronounced cooling in inflation were dashed by a hotter-than-expected August inflation reading. The data cemented expectations among fed-funds futures traders for a rate hike of at least 75 basis points when the Fed concludes its policy meeting on Sept. 21, with some traders and analysts looking for an increase of 100 basis points, or a full percentage point.</p><p>The Dow Jones Industrial Average logged a 4.1% weekly fall, while the S&amp;P 500 dropped 4.8% and the Nasdaq Composite suffered a 5.5% decline. The S&amp;P 500 ended Friday below the 3,900 level viewed as an important area of technical support, with some chart watchers eyeing the potential for a test of the large-cap benchmark’s 2022 low at 3,666.77 set on June 16.</p><p>A profit warning from global shipping giant and economic bellwether FedEx Corp. further stoked recession fears, contributing to stock-market losses on Friday.</p><p>Treasurys also fell, with yield on the 2-year Treasury note soaring to a nearly 15-year high above 3.85% on expectations the Fed will continue pushing rates higher in coming months. Yields rise as prices fall.</p><p>Investors are operating in an environment where the central bank’s need to rein in stubborn inflation is widely seen having eliminated the notion of a figurative “Fed put” on the stock market.</p><p>The concept of a Fed put has been around since at least the October 1987 stock-market crash prompted the Alan Greenspan-led central bank to lower interest rates. An actual put option is a financial derivative that gives the holder the right but not the obligation to sell the underlying asset at a set level, known as the strike price, serving as an insurance policy against a market decline.</p><p>Some economists and analysts have even suggested the Fed should welcome or even aim for market losses, which could serve to tighten financial conditions as investors scale back spending.</p><p>William Dudley, the former president of the New York Fed, argued earlier this year that the central bank won’t get a handle on inflation that’s running near a 40-year high unless they make investors suffer. “It’s hard to know how much the Federal Reserve will need to do to get inflation under control,” wrote Dudley in a Bloomberg column in April. “But one thing is certain: to be effective, it’ll have to inflict more losses on stock and bond investors than it has so far.”</p><p>Some market participants aren’t convinced. Aoifinn Devitt, chief investment officer at Moneta,said the Fed likely sees stock-market volatility as a byproduct of its efforts to tighten monetary policy, not an objective.</p><p>“They recognize that stocks can be collateral damage in a tightening cycle,” but that doesn’t mean that stocks “have to collapse,” Devitt said.</p><p>The Fed, however, is prepared to tolerate seeing markets decline and the economy slow and even tip into recession as it focuses on taming inflation, she said.</p><p>The Federal Reserve held the fed funds target rate at a range of 0% to 0.25% between 2008 and 2015, as it dealt with the financial crisis and its aftermath. The Fed also cut rates to near zero again in March 2020 in response to the COVID-19 pandemic. With a rock-bottom interest rate, the Dow skyrocketed over 40%, while the large-cap index S&amp;P 500 jumped over 60% between March 2020 and December 2021, according to Dow Jones Market Data.</p><p>Investors got used to “the tailwind for over a decade with falling interest rates” while looking for the Fed to step in with its “put” should the going get rocky, said Courtney at Exencial Wealth Advisors.</p><p>“I think (now) the Fed message is ‘you’re not gonna get this tailwind anymore’,” Courtney told MarketWatch on Thursday. “I think markets can grow, but they’re gonna have to grow on their own because the markets are like a greenhouse where the temperatures have to be kept at a certain level all day and all night, and I think that’s the message that markets can and should grow on their own without the greenhouse effect.”</p><p>Meanwhile, the Fed’s aggressive stance means investors should be prepared for what may be a “few more daily stabs downward” that could eventually prove to be a “final big flush,” said Liz Young, head of investment strategy at SoFi, in a Thursday note.</p><p>“This may sound odd, but if that happens swiftly, meaning within the next couple months, that actually becomes the bull case in my view,” she said. “It could be a quick and painful drop, resulting in a renewed move higher later in the year that’s more durable, as inflation falls more notably.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can the Fed Tame Inflation Without Further Crushing the Stock Market? What Investors Need to Know</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\">\nCan the Fed Tame Inflation Without Further Crushing the Stock Market? What Investors Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-18 08:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/the-fed-isnt-trying-to-wreck-the-stock-market-as-it-wrestles-with-inflation-but-it-isnt-going-to-ride-to-the-rescue-11663366540?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors should brace for more volatility with policy makers expected to deliver another jumbo rate hikeFed Chair Jerome Powell says bringing down inflation will cause pain for households and ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-fed-isnt-trying-to-wreck-the-stock-market-as-it-wrestles-with-inflation-but-it-isnt-going-to-ride-to-the-rescue-11663366540?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/the-fed-isnt-trying-to-wreck-the-stock-market-as-it-wrestles-with-inflation-but-it-isnt-going-to-ride-to-the-rescue-11663366540?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2268672370","content_text":"Investors should brace for more volatility with policy makers expected to deliver another jumbo rate hikeFed Chair Jerome Powell says bringing down inflation will cause pain for households and businesses.The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and volatility because policy makers aren’t going to be cowed by a deepening selloff, investors and strategists said.“I don’t think they’re necessarily trying to drive inflation down by destroying stock prices or bond prices, but it is having that effect.” said Tim Courtney, chief investment officer at Exencial Wealth Advisors, in an interview.U.S. stocks fell sharply in the past week after hopes for a pronounced cooling in inflation were dashed by a hotter-than-expected August inflation reading. The data cemented expectations among fed-funds futures traders for a rate hike of at least 75 basis points when the Fed concludes its policy meeting on Sept. 21, with some traders and analysts looking for an increase of 100 basis points, or a full percentage point.The Dow Jones Industrial Average logged a 4.1% weekly fall, while the S&P 500 dropped 4.8% and the Nasdaq Composite suffered a 5.5% decline. The S&P 500 ended Friday below the 3,900 level viewed as an important area of technical support, with some chart watchers eyeing the potential for a test of the large-cap benchmark’s 2022 low at 3,666.77 set on June 16.A profit warning from global shipping giant and economic bellwether FedEx Corp. further stoked recession fears, contributing to stock-market losses on Friday.Treasurys also fell, with yield on the 2-year Treasury note soaring to a nearly 15-year high above 3.85% on expectations the Fed will continue pushing rates higher in coming months. Yields rise as prices fall.Investors are operating in an environment where the central bank’s need to rein in stubborn inflation is widely seen having eliminated the notion of a figurative “Fed put” on the stock market.The concept of a Fed put has been around since at least the October 1987 stock-market crash prompted the Alan Greenspan-led central bank to lower interest rates. An actual put option is a financial derivative that gives the holder the right but not the obligation to sell the underlying asset at a set level, known as the strike price, serving as an insurance policy against a market decline.Some economists and analysts have even suggested the Fed should welcome or even aim for market losses, which could serve to tighten financial conditions as investors scale back spending.William Dudley, the former president of the New York Fed, argued earlier this year that the central bank won’t get a handle on inflation that’s running near a 40-year high unless they make investors suffer. “It’s hard to know how much the Federal Reserve will need to do to get inflation under control,” wrote Dudley in a Bloomberg column in April. “But one thing is certain: to be effective, it’ll have to inflict more losses on stock and bond investors than it has so far.”Some market participants aren’t convinced. Aoifinn Devitt, chief investment officer at Moneta,said the Fed likely sees stock-market volatility as a byproduct of its efforts to tighten monetary policy, not an objective.“They recognize that stocks can be collateral damage in a tightening cycle,” but that doesn’t mean that stocks “have to collapse,” Devitt said.The Fed, however, is prepared to tolerate seeing markets decline and the economy slow and even tip into recession as it focuses on taming inflation, she said.The Federal Reserve held the fed funds target rate at a range of 0% to 0.25% between 2008 and 2015, as it dealt with the financial crisis and its aftermath. The Fed also cut rates to near zero again in March 2020 in response to the COVID-19 pandemic. With a rock-bottom interest rate, the Dow skyrocketed over 40%, while the large-cap index S&P 500 jumped over 60% between March 2020 and December 2021, according to Dow Jones Market Data.Investors got used to “the tailwind for over a decade with falling interest rates” while looking for the Fed to step in with its “put” should the going get rocky, said Courtney at Exencial Wealth Advisors.“I think (now) the Fed message is ‘you’re not gonna get this tailwind anymore’,” Courtney told MarketWatch on Thursday. “I think markets can grow, but they’re gonna have to grow on their own because the markets are like a greenhouse where the temperatures have to be kept at a certain level all day and all night, and I think that’s the message that markets can and should grow on their own without the greenhouse effect.”Meanwhile, the Fed’s aggressive stance means investors should be prepared for what may be a “few more daily stabs downward” that could eventually prove to be a “final big flush,” said Liz Young, head of investment strategy at SoFi, in a Thursday note.“This may sound odd, but if that happens swiftly, meaning within the next couple months, that actually becomes the bull case in my view,” she said. “It could be a quick and painful drop, resulting in a renewed move higher later in the year that’s more durable, as inflation falls more notably.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038053482,"gmtCreate":1646701152349,"gmtModify":1676534152206,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Yes. Time for&nbsp;Q&amp;M to lead the pack.","listText":"Yes. Time for&nbsp;Q&amp;M to lead the pack.","text":"Yes. Time for Q&M to lead the pack.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038053482","repostId":"1150798369","repostType":2,"repost":{"id":"1150798369","kind":"news","pubTimestamp":1646699470,"share":"https://ttm.financial/m/news/1150798369?lang=&edition=fundamental","pubTime":"2022-03-08 08:31","market":"sg","language":"en","title":"Singapore Stocks to Watch: Keppel Reit, Singtel, SPH, Q&M Dental","url":"https://stock-news.laohu8.com/highlight/detail?id=1150798369","media":"businesstimes","summary":"THE following companies saw new developments that may affect trading of their securities on Tuesday ","content":"<div>\n<p>THE following companies saw new developments that may affect trading of their securities on Tuesday (Mar 8):Keppel Reit: (K71U) Its manager said it has received, from RBC Investor Services Trust ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/stocks-to-watch-keppel-reit-singtel-sph-qm-dental\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","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>Singapore Stocks to Watch: Keppel Reit, Singtel, SPH, Q&M Dental</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\">\nSingapore Stocks to Watch: Keppel Reit, Singtel, SPH, Q&M Dental\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-08 08:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/stocks/stocks-to-watch-keppel-reit-singtel-sph-qm-dental><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>THE following companies saw new developments that may affect trading of their securities on Tuesday (Mar 8):Keppel Reit: (K71U) Its manager said it has received, from RBC Investor Services Trust ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/stocks-to-watch-keppel-reit-singtel-sph-qm-dental\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数","Z74.SI":"新电信","QC7.SI":"全民","K71U.SI":"吉宝房地产信托"},"source_url":"https://www.businesstimes.com.sg/stocks/stocks-to-watch-keppel-reit-singtel-sph-qm-dental","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150798369","content_text":"THE following companies saw new developments that may affect trading of their securities on Tuesday (Mar 8):Keppel Reit: (K71U) Its manager said it has received, from RBC Investor Services Trust Singapore, a letter of intention to retire as trustee of the real estate investment trust on Tuesday. RBC is intending to cease provision of trustee services for all authorised collective investment schemes in Singapore. Units of Keppel Reit closed at S$1.16 on Monday, down S$0.02 or 1.7 percent.Singapore Telecommunications (Singtel): (Z74) Its technology services arm NCS is acquiring Australian IT services company The Dialog Group for A$325 million (S$328 million). In its bourse filing of the acquisition on Monday, Singtel noted that Dialog's net asset value as at Jun 30, 2021 was A$43 million. Singtel shares closed flat at S$2.51 on Monday, after the announcement was made.Singapore Press Holdings (SPH): (T39) The company is \"unable to comment\" on whether it will declare a special dividend in relation to the divestment of sgCarMart to Toyota. This was in response to shareholder queries in a Monday bourse filing ahead of a virtual Investors' Day on Tuesday relating to the proposed acquisition of SPH by consortium Cuscaden Peak. Shares of SPH closed unchanged at S$2.34 on Monday, before the announcement.Q&M Dental Group: (QC7) The dental service provider's chief executive officer Dr Ng Chin Siau entered into a conditional sale and purchase agreement on Monday to take a 29 percent stake in restaurant operator No Signboard Holdings for a total consideration of S$1. As a condition, Dr Ng will extend an interest-free unsecured loan of S$2.6 million to the company. Q&M closed S$0.025 or 4.6 percent lower at S$0.52 on Monday, before the announcement, while shares of Catalist-listed No Signboard are suspended.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959647720,"gmtCreate":1672980289160,"gmtModify":1676538766015,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Not suprised","listText":"Not suprised","text":"Not suprised","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9959647720","repostId":"1128856051","repostType":4,"repost":{"id":"1128856051","kind":"news","pubTimestamp":1672974368,"share":"https://ttm.financial/m/news/1128856051?lang=&edition=fundamental","pubTime":"2023-01-06 11:06","market":"us","language":"en","title":"The Many Forces Fueling Tesla’s $860 Billion Tumble","url":"https://stock-news.laohu8.com/highlight/detail?id=1128856051","media":"Bloomberg","summary":"Investors in Elon Musk’s day job are feeling a lot less excited about the future.Until fairly recent","content":"<html><head></head><body><ul><li>Investors in Elon Musk’s day job are feeling a lot less excited about the future.</li></ul><p>Until fairly recently, higher-end Tesla cars had a setting called “ludicrous mode,” which used their high-torque electric engines to achieve superfast acceleration. In the past year, ludicrous mode has also been an apt description of Tesla Inc.’s share price—except it’s been running in reverse.</p><p>From about $1.2 trillion at the start of 2022, the company’s market value has fallen more than 70%, to $340 billion. That still makes it by far the most valuable automaker in the world. Ford Motor, General Motors, Stellantis and Toyota Motor are worth about the same amount combined. But another way to put it is that Tesla’s fall has wiped out the equivalent of the value of four major car companies, more than twice over. And Chief Executive Officer Elon Musk has made history by losing more money in his personal fortune than anyone ever.</p><p>The most obvious explanation is that Tesla is an especially high-growth, high-speculation stock in a market that pumped up such companies in 2020 and 2021 before abruptly turning on them in 2022 as interest rates rose and the stock market fell overall. Musk pointed to this dynamic in a mid-December Twitter post. (More on the tweets in a moment.) He said that when people can earn higher rates without risk, they tend to move money “out of stocks into cash.”</p><p>Yet, Tesla’s decline is conspicuous even among once-frothy tech stocks. In 2022 the stock was the worst performer in the NYSE FANG+ Index—a gauge of 10 large technology companies that includes Amazon.com, Apple and Meta Platforms. That index is down about 40% over the past year, which is still much less than Tesla’s drop. The carmaker’s shares had largely traded in line with other major technology stocks last year until around September, then they diverged sharply. In the past three months, Tesla fell 59%, compared with a 6.7% loss for the FANG+ and a 6.7% rise for the S&amp;P 500.</p><p>The rest of the explanation is what Mark Stoeckle, CEO of Adams Funds, which holds Tesla shares, calls “a cocktail of misery.” As a leader, Musk has given any investor nervous about Tesla’s lofty valuation plenty of headlines to justify selling, while the company itself deals with new challenges.</p><p>Start with Musk’s Twitter adventures—both as a heavy user of the social media platform and now as the owner. The first blow came in November 2021, when he conducted a Twitter poll asking whether he should sell 10% of his stake in Tesla. Respondents said yes. Within two months, Musk had sold $16 billion of Tesla shares. Things escalated quickly in 2022 after he announced his intention to acquire Twitter Inc.</p><p>After trying to wriggle out of the deal, Musk finally had to go through with it. All along, Tesla investors worried about his needing to sell even more of his stake in the car company to pay for Twitter. Another concern was that his obvious preoccupation with the platform was distracting him from Tesla.</p><p>Musk has now sold almost $40 billion of Tesla shares since late 2021. And though he recently said he has no plans to sell more stock anytime soon, the market almost always dislikes the idea of a company insider selling, taking it as a sign of low confidence.</p><p>At the same time, Musk has stirred the pot of countless social and political controversies since taking over Twitter, with his own trolling tweets and sudden changes to moderation policies. The chaotic Twitter sideshow matters because Musk’s persona is so closely associated with Tesla. “A lot of damage has been done to the brand and the story, and the news flow may stay negative on Elon Musk for a while,” says Catherine Faddis, senior portfolio manager at Fernwood Investment Management LLC.</p><p>Still, most Tesla investors are probably more focused on the electric vehicle business—and the company has simply faced a high bar of expectations. After all, this is a stock that rose more than 1,100% over 2020 and 2021. Whereas analysts on average expect GM’s or Ford’s revenue to expand at a pace of low- to mid-single-digit percentages over the next five years, for Tesla they model an average 25% jump every year.</p><p>That thesis has started to show some cracks, after the company’s vehicle deliveries failed to meet analysts’ expectations for three straight quarters. The latest miss was reported on Jan. 2, sending the stock to its lowest since August 2020. Tesla still delivered a 40% annual increase while setting a quarterly record, but to many it was a relative disappointment that augurs a new reality for the EV industry as well as for Tesla.</p><p>Economists are warning of a possible global recession in 2023. Meanwhile, high inflation over the past year and the increased cost of financing for a car are pushing consumers to delay plans for purchasing expensive vehicles, and electric cars are typically pricier than gas-fueled ones.</p><p>Tesla rarely discounts, but it recently offered customers in the US a $7,500 yearend deal to boost deliveries. It’s also cut prices and production in China. “Our base case assumption is that year-over-year growth (while remaining impressive overall) is likely to decline each year from here on out,” JPMorgan Chase &amp; Co. analyst Ryan Brinkman wrote in a note to clients after the release of Tesla’s latest quarterly delivery numbers.</p><p>An economic slowdown will be responsible for some of that, but Brinkman also points to the rising threat from competition. Older carmakers may have been late to the electric game, but they’re planning to flood the market with a slew of EVs over the next few years. A report from S&amp;P Global Mobility in November found that Tesla’s share in EV sales was set to drop to below 20% by 2025, from a dominant 79% in 2020.</p><p>Bulls can point to how the EV market is still growing fast enough for Tesla to sell more cars even if its share drops. For now the company is still synonymous with EVs for vast groups of potential electric car buyers who haven’t made the switch. And the colossal Japanese auto industry has been slow to move on EVs.</p><p>“The current growth story for Tesla is positive, and while we’ve seen a large drop in the price of Tesla’s stock, we haven’t seen any material decline in the operations of the company,” says Brian Mulberry, client portfolio manager at Zacks Investment Management. “Sales estimates are still stable, margins are improving, and earnings are growing.”</p><p>As Tesla’s history in the bull market shows, the stock is sensitive to market psychology. Among big tech-related stocks, it’s most similar to Meta, which fell 64% last year. Both companies face specific issues—with Meta they include slipping social media revenue and CEO Mark Zuckerberg’s focus on the metaverse—but also a fierce, general mood of skepticism among investors. They’re less willing to cut managers slack today based on hopes for growth in the farther-off future. That might shift quickly again should economic data and Tesla’s results improve.</p><p>Adams Funds’ Stoeckle says Tesla stock still isn’t cheap, even at these prices. It remains an optimist’s bet. “It’s important not to simply expect that a significant drop in the price of a stock means it’s therefore attractive—so many stocks in 2022 were rerated and deserved to be,” he says. “There are enough questions about the operations of Tesla—China demand, price cuts, good competition—that makes it hard to declare the current valuation is correct.”</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>The Many Forces Fueling Tesla’s $860 Billion Tumble</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Many Forces Fueling Tesla’s $860 Billion Tumble\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-06 11:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-01-05/tesla-tsla-stock-price-reflects-multiple-headwinds><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors in Elon Musk’s day job are feeling a lot less excited about the future.Until fairly recently, higher-end Tesla cars had a setting called “ludicrous mode,” which used their high-torque ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-05/tesla-tsla-stock-price-reflects-multiple-headwinds\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-05/tesla-tsla-stock-price-reflects-multiple-headwinds","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128856051","content_text":"Investors in Elon Musk’s day job are feeling a lot less excited about the future.Until fairly recently, higher-end Tesla cars had a setting called “ludicrous mode,” which used their high-torque electric engines to achieve superfast acceleration. In the past year, ludicrous mode has also been an apt description of Tesla Inc.’s share price—except it’s been running in reverse.From about $1.2 trillion at the start of 2022, the company’s market value has fallen more than 70%, to $340 billion. That still makes it by far the most valuable automaker in the world. Ford Motor, General Motors, Stellantis and Toyota Motor are worth about the same amount combined. But another way to put it is that Tesla’s fall has wiped out the equivalent of the value of four major car companies, more than twice over. And Chief Executive Officer Elon Musk has made history by losing more money in his personal fortune than anyone ever.The most obvious explanation is that Tesla is an especially high-growth, high-speculation stock in a market that pumped up such companies in 2020 and 2021 before abruptly turning on them in 2022 as interest rates rose and the stock market fell overall. Musk pointed to this dynamic in a mid-December Twitter post. (More on the tweets in a moment.) He said that when people can earn higher rates without risk, they tend to move money “out of stocks into cash.”Yet, Tesla’s decline is conspicuous even among once-frothy tech stocks. In 2022 the stock was the worst performer in the NYSE FANG+ Index—a gauge of 10 large technology companies that includes Amazon.com, Apple and Meta Platforms. That index is down about 40% over the past year, which is still much less than Tesla’s drop. The carmaker’s shares had largely traded in line with other major technology stocks last year until around September, then they diverged sharply. In the past three months, Tesla fell 59%, compared with a 6.7% loss for the FANG+ and a 6.7% rise for the S&P 500.The rest of the explanation is what Mark Stoeckle, CEO of Adams Funds, which holds Tesla shares, calls “a cocktail of misery.” As a leader, Musk has given any investor nervous about Tesla’s lofty valuation plenty of headlines to justify selling, while the company itself deals with new challenges.Start with Musk’s Twitter adventures—both as a heavy user of the social media platform and now as the owner. The first blow came in November 2021, when he conducted a Twitter poll asking whether he should sell 10% of his stake in Tesla. Respondents said yes. Within two months, Musk had sold $16 billion of Tesla shares. Things escalated quickly in 2022 after he announced his intention to acquire Twitter Inc.After trying to wriggle out of the deal, Musk finally had to go through with it. All along, Tesla investors worried about his needing to sell even more of his stake in the car company to pay for Twitter. Another concern was that his obvious preoccupation with the platform was distracting him from Tesla.Musk has now sold almost $40 billion of Tesla shares since late 2021. And though he recently said he has no plans to sell more stock anytime soon, the market almost always dislikes the idea of a company insider selling, taking it as a sign of low confidence.At the same time, Musk has stirred the pot of countless social and political controversies since taking over Twitter, with his own trolling tweets and sudden changes to moderation policies. The chaotic Twitter sideshow matters because Musk’s persona is so closely associated with Tesla. “A lot of damage has been done to the brand and the story, and the news flow may stay negative on Elon Musk for a while,” says Catherine Faddis, senior portfolio manager at Fernwood Investment Management LLC.Still, most Tesla investors are probably more focused on the electric vehicle business—and the company has simply faced a high bar of expectations. After all, this is a stock that rose more than 1,100% over 2020 and 2021. Whereas analysts on average expect GM’s or Ford’s revenue to expand at a pace of low- to mid-single-digit percentages over the next five years, for Tesla they model an average 25% jump every year.That thesis has started to show some cracks, after the company’s vehicle deliveries failed to meet analysts’ expectations for three straight quarters. The latest miss was reported on Jan. 2, sending the stock to its lowest since August 2020. Tesla still delivered a 40% annual increase while setting a quarterly record, but to many it was a relative disappointment that augurs a new reality for the EV industry as well as for Tesla.Economists are warning of a possible global recession in 2023. Meanwhile, high inflation over the past year and the increased cost of financing for a car are pushing consumers to delay plans for purchasing expensive vehicles, and electric cars are typically pricier than gas-fueled ones.Tesla rarely discounts, but it recently offered customers in the US a $7,500 yearend deal to boost deliveries. It’s also cut prices and production in China. “Our base case assumption is that year-over-year growth (while remaining impressive overall) is likely to decline each year from here on out,” JPMorgan Chase & Co. analyst Ryan Brinkman wrote in a note to clients after the release of Tesla’s latest quarterly delivery numbers.An economic slowdown will be responsible for some of that, but Brinkman also points to the rising threat from competition. Older carmakers may have been late to the electric game, but they’re planning to flood the market with a slew of EVs over the next few years. A report from S&P Global Mobility in November found that Tesla’s share in EV sales was set to drop to below 20% by 2025, from a dominant 79% in 2020.Bulls can point to how the EV market is still growing fast enough for Tesla to sell more cars even if its share drops. For now the company is still synonymous with EVs for vast groups of potential electric car buyers who haven’t made the switch. And the colossal Japanese auto industry has been slow to move on EVs.“The current growth story for Tesla is positive, and while we’ve seen a large drop in the price of Tesla’s stock, we haven’t seen any material decline in the operations of the company,” says Brian Mulberry, client portfolio manager at Zacks Investment Management. “Sales estimates are still stable, margins are improving, and earnings are growing.”As Tesla’s history in the bull market shows, the stock is sensitive to market psychology. Among big tech-related stocks, it’s most similar to Meta, which fell 64% last year. Both companies face specific issues—with Meta they include slipping social media revenue and CEO Mark Zuckerberg’s focus on the metaverse—but also a fierce, general mood of skepticism among investors. They’re less willing to cut managers slack today based on hopes for growth in the farther-off future. That might shift quickly again should economic data and Tesla’s results improve.Adams Funds’ Stoeckle says Tesla stock still isn’t cheap, even at these prices. It remains an optimist’s bet. “It’s important not to simply expect that a significant drop in the price of a stock means it’s therefore attractive—so many stocks in 2022 were rerated and deserved to be,” he says. “There are enough questions about the operations of Tesla—China demand, price cuts, good competition—that makes it hard to declare the current valuation is correct.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9024844837,"gmtCreate":1653863731229,"gmtModify":1676535350955,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"E-commerce and Pharma still a good battle for investment","listText":"E-commerce and Pharma still a good battle for investment","text":"E-commerce and Pharma still a good battle for investment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9024844837","repostId":"2238953846","repostType":4,"repost":{"id":"2238953846","kind":"highlight","pubTimestamp":1653811796,"share":"https://ttm.financial/m/news/2238953846?lang=&edition=fundamental","pubTime":"2022-05-29 16:09","market":"us","language":"en","title":"3 Stocks That Could Easily Turn $10,000 Into $50,000 by 2030","url":"https://stock-news.laohu8.com/highlight/detail?id=2238953846","media":"Motley Fool","summary":"A 5x return isn't a slam dunk with these stocks. But it's not a farfetched proposition.","content":"<html><head></head><body><p>Quintupling just has a nice ring to it. There&#39;s not an investor around who wouldn&#39;t like to see their money grow by five times or more.</p><p>Finding stocks that can achieve the goal is easier said than done, though. That&#39;s especially the case if you&#39;re wanting huge gains within only a few years. But it&#39;s not impossible to find promising candidates. Here are three stocks that could easily turn $10,000 into $50,000 by 2030.</p><h2>1. <a href=\"https://laohu8.com/S/TDOC\">Teladoc Health</a></h2><p><a href=\"https://laohu8.com/S/TDOC\">Teladoc Health</a> could deliver a 5x return simply by returning to where its shares traded less than a year ago. Since last summer, the telemedicine stock has plunged close to 80%.</p><p>Of course, getting back to those levels isn&#39;t so simple. Teladoc must first convince investors that it&#39;s able to deliver strong revenue growth and achieve profitability. I think the company has a good shot at doing both. Despite a huge net loss and reducing its full-year guidance for 2022, Teladoc&#39;s business actually appears to be in pretty good shape.</p><p>That big loss was due to a goodwill impairment primarily related to the acquisition of Livongo. Excluding this write-off, the company&#39;s bottom line improved year over year. And although Teladoc&#39;s full-year outlook is lower than it was previously, it still expects revenue to grow in the ballpark of 20%.</p><p>Teladoc continues to win new customers. It&#39;s only in the early stages of rolling out the Primary360 virtual primary care service. The company&#39;s addressable market is massive -- over $260 billion in the U.S. alone. Teladoc certainly isn&#39;t a slam dunk to quintuple by the end of the decade. However, it isn&#39;t too far-fetched a proposition at all.</p><h2>2. <a href=\"https://laohu8.com/S/NVCR\">Novocure</a></h2><p>Turning $10,000 into $50,000 by 2030 could be too pessimistic a goal for <a href=\"https://laohu8.com/S/NVCR\">Novocure</a>. Sure, the stock is down more than 60% since last July as the company&#39;s revenue growth has slowed. But Novocure has multiple catalysts on the way.</p><p>The company has already won U.S. regulatory approval for its Tumor Treating Fields (TTFields) device in treating glioblastoma multiforme (an aggressive type of brain cancer) and mesothelioma. However, Novocure thinks that its method of using electric fields to disrupt the division of tumor cells can work in other types of cancer as well.</p><p>Results from a late-stage study of TTFields in treating non-small cell lung cancer should be announced later this year. In 2023, Novocure expects to report data from pivotal studies targeting ovarian cancer and brain metastases. The following year, results from another phase 3 study of TTFields in treating pancreatic cancer should be available.</p><p>Novocure estimates that these additional indications represent a market opportunity that&#39;s <i>14 times larger</i> than its current market opportunity in approved indications. If the company&#39;s late-stage clinical studies go well, the stock should have a pretty good shot at delivering a 5x return or greater within the next eight years.</p><h2>3. <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a></h2><p><a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a> is another beaten-down stock that still has tremendous long-term potential. Shares of the Latin American e-commerce leader have dropped close to 60% since the third quarter of 2021. However, MercadoLibre&#39;s business continues to perform well.</p><p>The company generated record net revenue in the first quarter of 2022. It posted a small profit, a huge improvement from the net losses in the previous quarter and in the prior-year period.</p><p>More importantly, MercadoLibre is only scratching the surface of its opportunity. E-commerce market penetration rates in Latin America remain low. The company&#39;s fintech business has a significant growth runway as well. Many people in the countries served by MercadoLibre have no or limited access to traditional financial services.</p><p>MercadoLibre could also grow by expanding into adjacent markets. Osvaldo Gimenez, CEO of the company&#39;s Mercado Pago unit, stated in the Q1 conference call that a pilot of a payroll service is in its early stages. He added, &#34;We&#39;re very excited about the opportunity.&#34;</p><p>Wall Street&#39;s consensus 12-month price target for MercadoLibre is nearly double its current share price. I think that the company&#39;s growth potential in e-commerce, fintech, and new businesses just might enable the stock to turn an initial investment of $10,000 into $50,000 by 2030.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks That Could Easily Turn $10,000 Into $50,000 by 2030</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 Stocks That Could Easily Turn $10,000 Into $50,000 by 2030\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-29 16:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/28/3-stocks-that-could-easily-turn-10000-into-50000-b/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quintupling just has a nice ring to it. There's not an investor around who wouldn't like to see their money grow by five times or more.Finding stocks that can achieve the goal is easier said than done...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/28/3-stocks-that-could-easily-turn-10000-into-50000-b/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4504":"桥水持仓","BK4567":"ESG概念","BK4581":"高盛持仓","TDOC":"Teladoc Health Inc.","QNETCN":"纳斯达克中美互联网老虎指数","BK4566":"资本集团","BK4122":"互联网与直销零售","BK4548":"巴美列捷福持仓","BK4167":"医疗保健技术","MELI":"MercadoLibre","BK4534":"瑞士信贷持仓"},"source_url":"https://www.fool.com/investing/2022/05/28/3-stocks-that-could-easily-turn-10000-into-50000-b/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2238953846","content_text":"Quintupling just has a nice ring to it. There's not an investor around who wouldn't like to see their money grow by five times or more.Finding stocks that can achieve the goal is easier said than done, though. That's especially the case if you're wanting huge gains within only a few years. But it's not impossible to find promising candidates. Here are three stocks that could easily turn $10,000 into $50,000 by 2030.1. Teladoc HealthTeladoc Health could deliver a 5x return simply by returning to where its shares traded less than a year ago. Since last summer, the telemedicine stock has plunged close to 80%.Of course, getting back to those levels isn't so simple. Teladoc must first convince investors that it's able to deliver strong revenue growth and achieve profitability. I think the company has a good shot at doing both. Despite a huge net loss and reducing its full-year guidance for 2022, Teladoc's business actually appears to be in pretty good shape.That big loss was due to a goodwill impairment primarily related to the acquisition of Livongo. Excluding this write-off, the company's bottom line improved year over year. And although Teladoc's full-year outlook is lower than it was previously, it still expects revenue to grow in the ballpark of 20%.Teladoc continues to win new customers. It's only in the early stages of rolling out the Primary360 virtual primary care service. The company's addressable market is massive -- over $260 billion in the U.S. alone. Teladoc certainly isn't a slam dunk to quintuple by the end of the decade. However, it isn't too far-fetched a proposition at all.2. NovocureTurning $10,000 into $50,000 by 2030 could be too pessimistic a goal for Novocure. Sure, the stock is down more than 60% since last July as the company's revenue growth has slowed. But Novocure has multiple catalysts on the way.The company has already won U.S. regulatory approval for its Tumor Treating Fields (TTFields) device in treating glioblastoma multiforme (an aggressive type of brain cancer) and mesothelioma. However, Novocure thinks that its method of using electric fields to disrupt the division of tumor cells can work in other types of cancer as well.Results from a late-stage study of TTFields in treating non-small cell lung cancer should be announced later this year. In 2023, Novocure expects to report data from pivotal studies targeting ovarian cancer and brain metastases. The following year, results from another phase 3 study of TTFields in treating pancreatic cancer should be available.Novocure estimates that these additional indications represent a market opportunity that's 14 times larger than its current market opportunity in approved indications. If the company's late-stage clinical studies go well, the stock should have a pretty good shot at delivering a 5x return or greater within the next eight years.3. MercadoLibreMercadoLibre is another beaten-down stock that still has tremendous long-term potential. Shares of the Latin American e-commerce leader have dropped close to 60% since the third quarter of 2021. However, MercadoLibre's business continues to perform well.The company generated record net revenue in the first quarter of 2022. It posted a small profit, a huge improvement from the net losses in the previous quarter and in the prior-year period.More importantly, MercadoLibre is only scratching the surface of its opportunity. E-commerce market penetration rates in Latin America remain low. The company's fintech business has a significant growth runway as well. Many people in the countries served by MercadoLibre have no or limited access to traditional financial services.MercadoLibre could also grow by expanding into adjacent markets. Osvaldo Gimenez, CEO of the company's Mercado Pago unit, stated in the Q1 conference call that a pilot of a payroll service is in its early stages. He added, \"We're very excited about the opportunity.\"Wall Street's consensus 12-month price target for MercadoLibre is nearly double its current share price. I think that the company's growth potential in e-commerce, fintech, and new businesses just might enable the stock to turn an initial investment of $10,000 into $50,000 by 2030.","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9018709599,"gmtCreate":1649084709767,"gmtModify":1676534447750,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018709599","repostId":"1149760301","repostType":4,"repost":{"id":"1149760301","kind":"news","pubTimestamp":1649075875,"share":"https://ttm.financial/m/news/1149760301?lang=&edition=fundamental","pubTime":"2022-04-04 20:37","market":"us","language":"en","title":"Price Target Changes｜Keybanc Raised Block to $180; Credit Suisse Lowered Papa John's to $150","url":"https://stock-news.laohu8.com/highlight/detail?id=1149760301","media":"Benzinga","summary":"Keybanc raised the price target on Block, Inc.SQ from $175 to $180. Block shares rose 2.8% to $137.4","content":"<html><head></head><body><p>Keybanc raised the price target on <b>Block, Inc.</b>SQ from $175 to $180. Block shares rose 2.8% to $137.42 in pre-market trading.</p><p>RBC Capital boosted the price target on <b>The Travelers Companies, Inc.</b>TRV from $170 to $190. Travelers Companies shares rose 0.4% to $186.05 in pre-market trading.</p><p>Piper Sandler lowered the price target for <b>Gilead Sciences, Inc.</b>GILD from $77 to $71. Gilead Sciences shares fell 0.1% to $59.63 in pre-market trading.</p><p>Credit Suisse lowered <b>Papa John&#39;s International, Inc.</b>PZZA price target from $154 to $150. Papa John&#39;s shares fell 0.8% to $106.00 in pre-market trading.</p><p>Wells Fargo cut <b>JPMorgan Chase &amp; Co</b> JPM price target from $180 to $150. JPMorgan shares fell 0.6% to $134.49 in pre-market trading.</p><p>Barclays lowered <b>Carrier Global Corporation</b> CARR price target from $63 to $60. Carrier Global shares rose 2.1% to $47.00 in pre-market trading.</p><p>SVB Leerink cut <b>Calithera Biosciences, Inc.</b> price target from $3 to $2. Calithera Biosciences shares rose 0.8% to $0.37 in pre-market trading.</p><p>JP Morgan cut the price target on <b>Zebra Technologies Corporation</b> ZBRA from $530 to $500. Zebra Technologies shares fell 0.1% to $413.25 in pre-market trading.</p><p>Goldman Sachs cut the price target for <b>Baxter International Inc.</b> BAX from $88 to $77. Baxter International shares fell 2% to $77.02 in pre-market trading.</p><p>Wells Fargo cut <b>Morgan Stanley</b> MS price target from $104 to $94. Morgan Stanley shares fell 0.3% to $86.75 in pre-market trading.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Price Target Changes｜Keybanc Raised Block to $180; Credit Suisse Lowered Papa John's to $150</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\">\nPrice Target Changes｜Keybanc Raised Block to $180; Credit Suisse Lowered Papa John's to $150\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-04 20:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/penny-stocks/22/04/26447085/10-biggest-price-target-changes-for-monday><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Keybanc raised the price target on Block, Inc.SQ from $175 to $180. Block shares rose 2.8% to $137.42 in pre-market trading.RBC Capital boosted the price target on The Travelers Companies, Inc.TRV ...</p>\n\n<a href=\"https://www.benzinga.com/markets/penny-stocks/22/04/26447085/10-biggest-price-target-changes-for-monday\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PZZA":"棒约翰","SQ":"Block"},"source_url":"https://www.benzinga.com/markets/penny-stocks/22/04/26447085/10-biggest-price-target-changes-for-monday","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149760301","content_text":"Keybanc raised the price target on Block, Inc.SQ from $175 to $180. Block shares rose 2.8% to $137.42 in pre-market trading.RBC Capital boosted the price target on The Travelers Companies, Inc.TRV from $170 to $190. Travelers Companies shares rose 0.4% to $186.05 in pre-market trading.Piper Sandler lowered the price target for Gilead Sciences, Inc.GILD from $77 to $71. Gilead Sciences shares fell 0.1% to $59.63 in pre-market trading.Credit Suisse lowered Papa John's International, Inc.PZZA price target from $154 to $150. Papa John's shares fell 0.8% to $106.00 in pre-market trading.Wells Fargo cut JPMorgan Chase & Co JPM price target from $180 to $150. JPMorgan shares fell 0.6% to $134.49 in pre-market trading.Barclays lowered Carrier Global Corporation CARR price target from $63 to $60. Carrier Global shares rose 2.1% to $47.00 in pre-market trading.SVB Leerink cut Calithera Biosciences, Inc. price target from $3 to $2. Calithera Biosciences shares rose 0.8% to $0.37 in pre-market trading.JP Morgan cut the price target on Zebra Technologies Corporation ZBRA from $530 to $500. Zebra Technologies shares fell 0.1% to $413.25 in pre-market trading.Goldman Sachs cut the price target for Baxter International Inc. BAX from $88 to $77. Baxter International shares fell 2% to $77.02 in pre-market trading.Wells Fargo cut Morgan Stanley MS price target from $104 to $94. Morgan Stanley shares fell 0.3% to $86.75 in pre-market trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098009685,"gmtCreate":1643954663811,"gmtModify":1676533876037,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Retailers are good buy but depends on how they diversify their growth plan and how they cannablize the customer penetrations. Walmart &amp;&nbsp;Target is another interesting outlook in this retail business. I'm going to maintain my buy on these stocks.","listText":"Retailers are good buy but depends on how they diversify their growth plan and how they cannablize the customer penetrations. Walmart &amp;&nbsp;Target is another interesting outlook in this retail business. I'm going to maintain my buy on these stocks.","text":"Retailers are good buy but depends on how they diversify their growth plan and how they cannablize the customer penetrations. Walmart & Target is another interesting outlook in this retail business. I'm going to maintain my buy on these stocks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098009685","repostId":"2208394959","repostType":4,"repost":{"id":"2208394959","kind":"highlight","pubTimestamp":1643941434,"share":"https://ttm.financial/m/news/2208394959?lang=&edition=fundamental","pubTime":"2022-02-04 10:23","market":"us","language":"en","title":"3 Stocks to Buy During a Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=2208394959","media":"Motley Fool","summary":"If the economy takes a turn for the worse, you'll be smart to consider these reliable businesses.","content":"<html><head></head><body><p>The economy today is in a strong position, but you wouldn&#39;t be able to tell that by observing the <b>S&amp;P 500</b>&#39;s 6% decline in January. With the Federal Reserve stating its intention to raise interest rates this year to pump the brakes on soaring inflation, investors could be worried that an economic slowdown is possible in the not-too-distant future. In that case, figuring out how to position your portfolio is a top priority.</p><p>Let&#39;s look at why <a href=\"https://laohu8.com/S/COST\"><b>Costco Wholesale</b> </a>, <a href=\"https://laohu8.com/S/HD\"><b>Home Depot</b> </a>, and <a href=\"https://laohu8.com/S/ORLY\">O&#39;Reilly</a> are three stocks you&#39;ll want to buy during a recession.</p><h2>1. <a href=\"https://laohu8.com/S/COST\"><b>Costco Wholesale</b> </a></h2><p>Selling everything from groceries and electronics to furniture and jewelry at some of the lowest prices around, warehouse-club operator Costco makes for an extremely low-risk investment during economic downturns, a time when people look to stretch their budgets as much as possible.</p><p>After the pandemic first struck the U.S. in March 2020, consumers flocked to their nearest Costco location to get all of their shopping done in <a href=\"https://laohu8.com/S/AONE.U\">one</a> trip. And the growth still hasn&#39;t fallen off. In the month of December, Costco grew same-store sales, or comps, 14.5% year over year.</p><p>Costco&#39;s massive scale and resulting purchasing power -- with $196 billion in fiscal 2021 revenue and 828 warehouses -- afford it the ability to negotiate favorable terms with vendors. But because the business keeps prices as low as possible, its margins on merchandise sales are intentionally slim. Costco&#39;s 62.5 million membership households (as of Nov. 21, 2021) are the solution, driving customer engagement and loyalty, and providing the company with stable, recurring revenue.</p><p>If another recession is on the horizon, I&#39;m certain that Costco will continue to be a top shopping destination. This makes it a no-brainer stock to own during tough times.</p><h2>2. <a href=\"https://laohu8.com/S/HD\"><b>Home Depot</b> </a></h2><p>Another top-notch retail stock to consider in an economic downturn is home-improvement giant Home Depot. What makes this business, which generated trailing-12-month sales of $148 billion, particularly appealing is that it serves both do-it-yourself (DIY) and professional customers extremely well.</p><p>At the onset of the pandemic, the DIY segment saw a surge in demand as people took on simpler projects. But over the past three quarters, the pro business has outpaced DIY, demonstrating homeowners&#39; renewed comfort with strangers coming into their homes to complete complex renovations. This flexibility is key when the economy takes a turn.</p><p>In a weak economy, people are less inclined to consider moving and instead will focus on renovation projects to improve their living quarters. Management&#39;s goal to &#34;lead the market down and lag going up&#34; when it comes to pricing strategy shows how the company focuses intensely on offering customers as much value as possible.</p><p>As a result, Home Depot is a safe and dependable business for investors to own in both good and bad economic times. The company is a critical part of the housing industry, reliably there for customers and whatever projects they need to complete. And the stock has been a huge winner, soaring 163% over the past five years.</p><h2>3. <a href=\"https://laohu8.com/S/ORLY\">O&#39;Reilly</a></h2><p>Perhaps the most recession-proof company on this list is O&#39;Reilly Automotive. The aftermarket auto parts chain has proven its all-weather appeal, especially during the financial crisis more than a decade ago. In 2008 and 2009, revenue jumped 41.8% and 35.5%, respectively, year over year. If another recession happens in the near future, shareholders have absolutely nothing to worry about.</p><p>People will look to extend the lives of their existing vehicles as opposed to buying new ones when the economy takes a turn for the worse. We still need to get to work and school as well as complete errands, all of which require a functioning car. This sense of customer urgency puts O&#39;Reilly and its 5,740 domestic stores in a beneficial position to serve their needs.</p><p>What&#39;s more, strong industry tailwinds should support the company&#39;s growth in the years ahead. Americans drive more miles each year, and the average age of vehicles on the road continues to climb. Both create increased wear and tear on cars, a boon for O&#39;Reilly&#39;s business.</p><p>For 2021, same-store sales are expected to rise between 10% and 12%. Meanwhile, the gross margin is expected to exceed 52% and free cash flow should top $2 billion -- superb financial metrics by any measure.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks to Buy During a Recession</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 Stocks to Buy During a Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-04 10:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/03/3-stocks-to-buy-during-a-recession/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The economy today is in a strong position, but you wouldn't be able to tell that by observing the S&P 500's 6% decline in January. With the Federal Reserve stating its intention to raise interest ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/03/3-stocks-to-buy-during-a-recession/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4214":"汽车零售","BK4567":"ESG概念","BK4155":"大卖场与超市","HD":"家得宝","BK4534":"瑞士信贷持仓","BK4550":"红杉资本持仓","BK4083":"家庭装潢零售","ORLY":"奥莱利","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4504":"桥水持仓","BK4566":"资本集团","COST":"好市多"},"source_url":"https://www.fool.com/investing/2022/02/03/3-stocks-to-buy-during-a-recession/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208394959","content_text":"The economy today is in a strong position, but you wouldn't be able to tell that by observing the S&P 500's 6% decline in January. With the Federal Reserve stating its intention to raise interest rates this year to pump the brakes on soaring inflation, investors could be worried that an economic slowdown is possible in the not-too-distant future. In that case, figuring out how to position your portfolio is a top priority.Let's look at why Costco Wholesale , Home Depot , and O'Reilly are three stocks you'll want to buy during a recession.1. Costco Wholesale Selling everything from groceries and electronics to furniture and jewelry at some of the lowest prices around, warehouse-club operator Costco makes for an extremely low-risk investment during economic downturns, a time when people look to stretch their budgets as much as possible.After the pandemic first struck the U.S. in March 2020, consumers flocked to their nearest Costco location to get all of their shopping done in one trip. And the growth still hasn't fallen off. In the month of December, Costco grew same-store sales, or comps, 14.5% year over year.Costco's massive scale and resulting purchasing power -- with $196 billion in fiscal 2021 revenue and 828 warehouses -- afford it the ability to negotiate favorable terms with vendors. But because the business keeps prices as low as possible, its margins on merchandise sales are intentionally slim. Costco's 62.5 million membership households (as of Nov. 21, 2021) are the solution, driving customer engagement and loyalty, and providing the company with stable, recurring revenue.If another recession is on the horizon, I'm certain that Costco will continue to be a top shopping destination. This makes it a no-brainer stock to own during tough times.2. Home Depot Another top-notch retail stock to consider in an economic downturn is home-improvement giant Home Depot. What makes this business, which generated trailing-12-month sales of $148 billion, particularly appealing is that it serves both do-it-yourself (DIY) and professional customers extremely well.At the onset of the pandemic, the DIY segment saw a surge in demand as people took on simpler projects. But over the past three quarters, the pro business has outpaced DIY, demonstrating homeowners' renewed comfort with strangers coming into their homes to complete complex renovations. This flexibility is key when the economy takes a turn.In a weak economy, people are less inclined to consider moving and instead will focus on renovation projects to improve their living quarters. Management's goal to \"lead the market down and lag going up\" when it comes to pricing strategy shows how the company focuses intensely on offering customers as much value as possible.As a result, Home Depot is a safe and dependable business for investors to own in both good and bad economic times. The company is a critical part of the housing industry, reliably there for customers and whatever projects they need to complete. And the stock has been a huge winner, soaring 163% over the past five years.3. O'ReillyPerhaps the most recession-proof company on this list is O'Reilly Automotive. The aftermarket auto parts chain has proven its all-weather appeal, especially during the financial crisis more than a decade ago. In 2008 and 2009, revenue jumped 41.8% and 35.5%, respectively, year over year. If another recession happens in the near future, shareholders have absolutely nothing to worry about.People will look to extend the lives of their existing vehicles as opposed to buying new ones when the economy takes a turn for the worse. We still need to get to work and school as well as complete errands, all of which require a functioning car. This sense of customer urgency puts O'Reilly and its 5,740 domestic stores in a beneficial position to serve their needs.What's more, strong industry tailwinds should support the company's growth in the years ahead. Americans drive more miles each year, and the average age of vehicles on the road continues to climb. Both create increased wear and tear on cars, a boon for O'Reilly's business.For 2021, same-store sales are expected to rise between 10% and 12%. Meanwhile, the gross margin is expected to exceed 52% and free cash flow should top $2 billion -- superb financial metrics by any measure.","news_type":1},"isVote":1,"tweetType":1,"viewCount":408,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274727372317","authorId":"3479274727372317","name":"twizzy","avatar":"https://static.tigerbbs.com/3580435900283ddd3c40a46b3de0adbc","crmLevel":1,"crmLevelSwitch":0,"idStr":"3479274727372317","authorIdStr":"3479274727372317"},"content":"Walmart & Target, just choose one. If it were me, I would choose Wal-Mart.","text":"Walmart & Target, just choose one. If it were me, I would choose Wal-Mart.","html":"Walmart & Target, just choose one. If it were me, I would choose Wal-Mart."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940652552,"gmtCreate":1677893707077,"gmtModify":1677893711615,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Scary","listText":"Scary","text":"Scary","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940652552","repostId":"2316901789","repostType":4,"repost":{"id":"2316901789","kind":"highlight","pubTimestamp":1677892655,"share":"https://ttm.financial/m/news/2316901789?lang=&edition=fundamental","pubTime":"2023-03-04 09:17","market":"us","language":"en","title":"Biden Has Big Plans for Semiconductor Clusters — Will Companies Play Along?","url":"https://stock-news.laohu8.com/highlight/detail?id=2316901789","media":"Yahoo Finance","summary":"The Biden administration recently has laid out ambitious plans to use government money to spur at le","content":"<html><head></head><body><p>The Biden administration recently has laid out ambitious plans to use government money to spur at least two, new large-scale clusters of semiconductor manufacturing and research in the years ahead.</p><p>In an interview this week, Deputy Secretary of Commerce Don Graves outlined his department’s ambition for these projects. He said the application process for the money is designed to prod companies to “express to us their vision for how we drive economic development, how we drive competitiveness, not just at a local level, not just at a state level, but at a regional level.”</p><p>The funds come from about $53 billion put aside in the CHIPs and Science Act. The administration goal: achieving both a revitalization of the U.S. semiconductor industry— as well as broader political and economic goals that officials say will produce hundreds of thousands of jobs in the U.S.</p><p>One model? “I look to our experience in rebuilding and bringing back from the edge of complete collapse the city of Detroit” Graves said, referencing his time during the Obama administration as the leader of the federal government’s efforts after the city filed for Chapter 9 bankruptcy in 2013. He also mention a government funded network of manufacturing innovation institutes called Manufacturing USA.</p><p>But the question that remains is whether it’s possible to achieve these goals all at once. Already, some industry voices have reportedly been grumbling about the many restrictions on the money with others pointing out that the most successful projects historically have had limited instead of broader objectives.</p><p>The new law has $39 billion earmarked for semiconductor manufacturers; the application process opened this past week. An additional $11 billion is set to go to companies as well as universities and others for chip research and design beginning later this year. The law also includes an investment tax credit of up to 25% towards a manufacturer’s capital expenditures.</p><h2><b>‘We&#39;re already a hub’</b></h2><p>Another point made by those who have a stake: these hubs already exist. Thus, they hope the money from Washington will primarily service as an amplifier—not only focus on new development.</p><p>For example: In a Yahoo Finance Live interview this week, Sen. Mark Kelly (D-AZ) noted “we&#39;re already a hub for semiconductor manufacturing in the United States, this is just going to expand dramatically because of this legislation.”</p><p>Intel (INTC) already has a strong presence in Kelly&#39;s state with 12,000 employees and Taiwan Semiconductor Manufacturing Company (TSMC) recently announced plans there as well. For Kelly, a key point of the money is to help develop other companies around Intel and TSMC to help supply the giant fabrication plants to come with equipment, raw materials, and innovation in the years ahead.</p><p>It&#39;s a similar situation about 2,500 miles away in upstate New York. <a href=\"https://laohu8.com/S/IBM\">IBM</a> (IBM) and Micron (MU) are two of the big companies there. There has been years of semiconductor development in the region, which is also seen as a frontrunner for government money.</p><p>But again, an official there is quick to point out that this area is far from starting from scratch with government money likely to boost what is already there. “Today, I&#39;m talking with you from Albany NanoTech,” said Mukesh Khare, an IBM vice president, in an interview this week. Khare was also recently named to an Industrial Advisory Committee that is advising the Commerce department on the deployment of the law.</p><p>The Albany Nanotech Complex is a public private partnership that has been growing for decades and was completed in 2015 as a host for a range of companies focused on semiconductor research at the SUNY Polytechnic Institute.</p><p>Albany’s existing cluster makes good business sense, said Khare, and currently “serves the needs of companies who are here but expanding — with investment from places like CHIPS Act, the state, as well as private companies — will really have a multiplication effect.”</p><p>The research facilties in New York could be paired with burgeoning manufacturing efforts. IBM recently announced a $20 billion manufacturing plan in nearby Poughkeepsie, N.Y. During an October visit, President Biden took credit for the expansion saying the CHIPs and Science act is “a law that’s going to build the future and a proud, proud legacy not only for IBM, but for the country.”</p><p>In addition, Micron recently announced plans to invest up to $100 billion over the coming decades in Syracuse N.Y.</p><p>But Biden officials have repeatedly promised that no company or region is a shoo-in for the money. “The way that we&#39;ve structured this and what we&#39;ve been conveying to potential applicants throughout this process is that their expectation shouldn&#39;t be that we&#39;re giving a nod to any one area just simply because it already has a fab,” Deputy Secretary Graves said.</p><p>Commerce Secretary Gina Raimondo added “I expect there will be many disappointed companies&#34; and that her primary lens here &#34;is the achievement of our national security goals.”</p><h2><b>Aiming for ‘a win-win situation’</b></h2><p>The clusters to come will need to strike a balance between the financial imperatives of the semi-conductor sector and the Biden administration&#39;s larger policy goals.</p><p>In addition to economic development, the Commerce department has stressed that as a condition of applying for the money, companies will have to provide detailed financial information, not engage in stock buybacks with the money they get—and provide detailed workforce development plans down to the level of the childcare facilities they will provide.</p><p>In a recent Yahoo Finance Live interview, Secretary Raimondo defended the restrictions and said that her goal is not to impose overly burdensome requirements. “We want to work in partnership with these companies.&#34;</p><p>Advocates of the multi-pronged goals said that the incentives can be aligned so that it’s beneficial to both the private and public sectors. Speaking of the childcare provisions this week, Sen. Kelly argued “This is a win-win situation, it helps families in Arizona and in other states that are going to have these companies there, but at the same time it helps the employer.”</p><p>As for the timeline ahead, a Commerce official said the first awards will likely be for big fabrication plants - i.e. the anchors of the clusters to come. Deputy Secretary Graves said “we&#39;re hopeful that we&#39;ll be able to make our first awards by the end of the year, but it&#39;s going to depend on whether we get these strong, strategic-thinking applications.”</p><p>IBM’s Khare added his praise of the government’s rollout so far and notes that, of course, &#34;we all want it to be much faster than where we are but, that said, it&#39;s a process and it needs to be fair and transparent and accountable so we are here to help.”</p></body></html>","source":"yahoofinance_sg","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>Biden Has Big Plans for Semiconductor Clusters — Will Companies Play Along?</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\">\nBiden Has Big Plans for Semiconductor Clusters — Will Companies Play Along?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-04 09:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biden-has-big-plans-for-semiconductor-clusters--will-companies-play-along-200042981.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Biden administration recently has laid out ambitious plans to use government money to spur at least two, new large-scale clusters of semiconductor manufacturing and research in the years ahead.In ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biden-has-big-plans-for-semiconductor-clusters--will-companies-play-along-200042981.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技","IBM":"IBM","INTC":"英特尔","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/biden-has-big-plans-for-semiconductor-clusters--will-companies-play-along-200042981.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316901789","content_text":"The Biden administration recently has laid out ambitious plans to use government money to spur at least two, new large-scale clusters of semiconductor manufacturing and research in the years ahead.In an interview this week, Deputy Secretary of Commerce Don Graves outlined his department’s ambition for these projects. He said the application process for the money is designed to prod companies to “express to us their vision for how we drive economic development, how we drive competitiveness, not just at a local level, not just at a state level, but at a regional level.”The funds come from about $53 billion put aside in the CHIPs and Science Act. The administration goal: achieving both a revitalization of the U.S. semiconductor industry— as well as broader political and economic goals that officials say will produce hundreds of thousands of jobs in the U.S.One model? “I look to our experience in rebuilding and bringing back from the edge of complete collapse the city of Detroit” Graves said, referencing his time during the Obama administration as the leader of the federal government’s efforts after the city filed for Chapter 9 bankruptcy in 2013. He also mention a government funded network of manufacturing innovation institutes called Manufacturing USA.But the question that remains is whether it’s possible to achieve these goals all at once. Already, some industry voices have reportedly been grumbling about the many restrictions on the money with others pointing out that the most successful projects historically have had limited instead of broader objectives.The new law has $39 billion earmarked for semiconductor manufacturers; the application process opened this past week. An additional $11 billion is set to go to companies as well as universities and others for chip research and design beginning later this year. The law also includes an investment tax credit of up to 25% towards a manufacturer’s capital expenditures.‘We're already a hub’Another point made by those who have a stake: these hubs already exist. Thus, they hope the money from Washington will primarily service as an amplifier—not only focus on new development.For example: In a Yahoo Finance Live interview this week, Sen. Mark Kelly (D-AZ) noted “we're already a hub for semiconductor manufacturing in the United States, this is just going to expand dramatically because of this legislation.”Intel (INTC) already has a strong presence in Kelly's state with 12,000 employees and Taiwan Semiconductor Manufacturing Company (TSMC) recently announced plans there as well. For Kelly, a key point of the money is to help develop other companies around Intel and TSMC to help supply the giant fabrication plants to come with equipment, raw materials, and innovation in the years ahead.It's a similar situation about 2,500 miles away in upstate New York. IBM (IBM) and Micron (MU) are two of the big companies there. There has been years of semiconductor development in the region, which is also seen as a frontrunner for government money.But again, an official there is quick to point out that this area is far from starting from scratch with government money likely to boost what is already there. “Today, I'm talking with you from Albany NanoTech,” said Mukesh Khare, an IBM vice president, in an interview this week. Khare was also recently named to an Industrial Advisory Committee that is advising the Commerce department on the deployment of the law.The Albany Nanotech Complex is a public private partnership that has been growing for decades and was completed in 2015 as a host for a range of companies focused on semiconductor research at the SUNY Polytechnic Institute.Albany’s existing cluster makes good business sense, said Khare, and currently “serves the needs of companies who are here but expanding — with investment from places like CHIPS Act, the state, as well as private companies — will really have a multiplication effect.”The research facilties in New York could be paired with burgeoning manufacturing efforts. IBM recently announced a $20 billion manufacturing plan in nearby Poughkeepsie, N.Y. During an October visit, President Biden took credit for the expansion saying the CHIPs and Science act is “a law that’s going to build the future and a proud, proud legacy not only for IBM, but for the country.”In addition, Micron recently announced plans to invest up to $100 billion over the coming decades in Syracuse N.Y.But Biden officials have repeatedly promised that no company or region is a shoo-in for the money. “The way that we've structured this and what we've been conveying to potential applicants throughout this process is that their expectation shouldn't be that we're giving a nod to any one area just simply because it already has a fab,” Deputy Secretary Graves said.Commerce Secretary Gina Raimondo added “I expect there will be many disappointed companies\" and that her primary lens here \"is the achievement of our national security goals.”Aiming for ‘a win-win situation’The clusters to come will need to strike a balance between the financial imperatives of the semi-conductor sector and the Biden administration's larger policy goals.In addition to economic development, the Commerce department has stressed that as a condition of applying for the money, companies will have to provide detailed financial information, not engage in stock buybacks with the money they get—and provide detailed workforce development plans down to the level of the childcare facilities they will provide.In a recent Yahoo Finance Live interview, Secretary Raimondo defended the restrictions and said that her goal is not to impose overly burdensome requirements. “We want to work in partnership with these companies.\"Advocates of the multi-pronged goals said that the incentives can be aligned so that it’s beneficial to both the private and public sectors. Speaking of the childcare provisions this week, Sen. Kelly argued “This is a win-win situation, it helps families in Arizona and in other states that are going to have these companies there, but at the same time it helps the employer.”As for the timeline ahead, a Commerce official said the first awards will likely be for big fabrication plants - i.e. the anchors of the clusters to come. Deputy Secretary Graves said “we're hopeful that we'll be able to make our first awards by the end of the year, but it's going to depend on whether we get these strong, strategic-thinking applications.”IBM’s Khare added his praise of the government’s rollout so far and notes that, of course, \"we all want it to be much faster than where we are but, that said, it's a process and it needs to be fair and transparent and accountable so we are here to help.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957294878,"gmtCreate":1677256908494,"gmtModify":1677256911919,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957294878","repostId":"2313577388","repostType":4,"repost":{"id":"2313577388","kind":"highlight","pubTimestamp":1677250938,"share":"https://ttm.financial/m/news/2313577388?lang=&edition=fundamental","pubTime":"2023-02-24 23:02","market":"us","language":"en","title":"Apple Expected to Release Second-Generation Mixed-Reality Headsets in 2025: Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2313577388","media":"Seeking Alpha","summary":"Apple (NASDAQ:AAPL) may be getting ready to unveil its mixed-reality headset later this year, but a ","content":"<html><head></head><body><p>Apple (NASDAQ:AAPL) may be getting ready to unveil its mixed-reality headset later this year, but a widely watched analyst said on Friday the tech giant could unveil multiple versions of the second version of the new technology.</p><p>In a blog post, TF International Securities analyst Ming-Chi Kuo said the second-generation version of the headset has two high-end models and low-end models, with both versions developed and produced by Apple (AAPL) manufacturing partners Luxcaseict and Foxconn, respectively.</p><p>&#34;The current launch schedule for both models will likely be in 2025,&#34; Kuo added.</p><p>Apple (AAPL) shares fell 2% to $146.44 in early Friday trading.</p><p>The first model of the oft-rumored, but never acknowledged headset could be unveiled as soon as June, after recent reports indicated Apple (AAPL) ran into some development issues, delaying an April unveiling.</p><p>In January, it was reported that Apple (AAPL) is working on software to help users build their own augmented reality apps for its yet-to-be released mixed-reality headset to help boost sales of the device.</p><p>Apple&#39;s (AAPL) device, unlike others in the market place, is widely expected to incorporate augmented and virtual reality technologies. Other headsets, such as <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META) Quest line of products, only utilize virtual reality.</p><p>Last year it was reported that Apple (AAPL) had increased its work on the headset - believed to cost as much as $3,000 - and changed the name of the operating system that runs the device.</p><p>Apple (AAPL) suffered a setback this week when the Biden Administration declined to overrule a ruling from the U.S. International Trade Commission that could lead to an import ban on Apple Watches.</p></body></html>","source":"seekingalpha_fund","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 Expected to Release Second-Generation Mixed-Reality Headsets in 2025: Analyst</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 Expected to Release Second-Generation Mixed-Reality Headsets in 2025: Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-24 23:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3940678-apple-release-second-generation-mixed-reality-headsets-in-2025><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) may be getting ready to unveil its mixed-reality headset later this year, but a widely watched analyst said on Friday the tech giant could unveil multiple versions of the second ...</p>\n\n<a href=\"https://seekingalpha.com/news/3940678-apple-release-second-generation-mixed-reality-headsets-in-2025\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4505":"高瓴资本持仓","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4581":"高盛持仓","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4512":"苹果概念","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0238689110.USD":"贝莱德环球动力股票基金","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","BK4553":"喜马拉雅资本持仓","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4585":"ETF&股票定投概念","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4507":"流媒体概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0109392836.USD":"富兰克林科技股A","BK4576":"AR","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4566":"资本集团","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4573":"虚拟现实","BK4527":"明星科技股","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","AAPL":"苹果","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4501":"段永平概念","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4588":"碎股","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0444971666.USD":"天利全球科技基金","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC"},"source_url":"https://seekingalpha.com/news/3940678-apple-release-second-generation-mixed-reality-headsets-in-2025","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2313577388","content_text":"Apple (NASDAQ:AAPL) may be getting ready to unveil its mixed-reality headset later this year, but a widely watched analyst said on Friday the tech giant could unveil multiple versions of the second version of the new technology.In a blog post, TF International Securities analyst Ming-Chi Kuo said the second-generation version of the headset has two high-end models and low-end models, with both versions developed and produced by Apple (AAPL) manufacturing partners Luxcaseict and Foxconn, respectively.\"The current launch schedule for both models will likely be in 2025,\" Kuo added.Apple (AAPL) shares fell 2% to $146.44 in early Friday trading.The first model of the oft-rumored, but never acknowledged headset could be unveiled as soon as June, after recent reports indicated Apple (AAPL) ran into some development issues, delaying an April unveiling.In January, it was reported that Apple (AAPL) is working on software to help users build their own augmented reality apps for its yet-to-be released mixed-reality headset to help boost sales of the device.Apple's (AAPL) device, unlike others in the market place, is widely expected to incorporate augmented and virtual reality technologies. Other headsets, such as Meta Platforms (META) Quest line of products, only utilize virtual reality.Last year it was reported that Apple (AAPL) had increased its work on the headset - believed to cost as much as $3,000 - and changed the name of the operating system that runs the device.Apple (AAPL) suffered a setback this week when the Biden Administration declined to overrule a ruling from the U.S. International Trade Commission that could lead to an import ban on Apple Watches.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925123102,"gmtCreate":1671962862806,"gmtModify":1676538615687,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Sell😵‍💫","listText":"Sell😵‍💫","text":"Sell😵‍💫","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925123102","repostId":"2293553508","repostType":4,"repost":{"id":"2293553508","kind":"highlight","pubTimestamp":1671940807,"share":"https://ttm.financial/m/news/2293553508?lang=&edition=fundamental","pubTime":"2022-12-25 12:00","market":"us","language":"en","title":"SPY: Should You Buy Volatility Here? We Think Yes","url":"https://stock-news.laohu8.com/highlight/detail?id=2293553508","media":"Seekingalpha","summary":"ThesisThe S&P 500 has been on a roller coaster ride this year:S&P 500 Graph (The Heisenberg)We are i","content":"<html><head></head><body><h2>Thesis</h2><p>The S&amp;P 500 has been on a roller coaster ride this year:</p><p></p><p><img src=\"https://static.tigerbbs.com/fea9607ca417991b59c5dddbd068d970\" tg-width=\"640\" tg-height=\"281\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>S&amp;P 500 Graph (The Heisenberg)</p><p>We are in a bear market, but against retail investor expectations, a non-linear one. It would be easy to trade a linear down-trending bear market - just short the index or buy puts! Everybody would be making money, and the party would never stop. However, making money in the financial markets is not that simple (otherwise everybody would do it). A bear market develops over time, and bear market rallies are there to sow doubt in investors&#39; minds and create FOMO (fear of missing out). A true bear market is identified only after a couple of rallies where the market makes lower highs, and the general trend is establishing itself as being lower.</p><p>2022 has been a very tough market because just buying puts outright might have not really worked out. What do we mean? Let&#39;s say that an investor thought in January there might be weakness in the market come the new year. And let&#39;s assume said investor would have bought July 2022 SPY puts with a $400 strike. While the general direction would have been correct, unless monetized in time, the options would have expired worthless (the index ended July with a value above $400). The said investor would have benefited from the mark-to-market impact on the portfolio (i.e. smoother and less volatile returns), but would have not made money on the options.</p><p>The lesson to be learned here is that an investor cannot always get the timing and strike correctly, while they nonetheless have identified the general trend. So what is a retail investor to do? We believe that an active retail investor can generate positive results and achieve a lower standard deviation in their portfolios by looking at the less known component of options pricing, namely volatility. Instead of choosing the right strike for a put option, an investor can look at the market&#39;s volatility level and decide whether it is low or high in historic terms.</p><h2>What is the trade?</h2><p>Instead of trying to figure out where the S&amp;P 500 is going to be in 1-, 2- or 3-months and figure out the correct strike to use, an investor can look at the VIX component of options pricing:</p><p></p><p><img src=\"https://static.tigerbbs.com/8f61bb62d461d2898175f250e29783f5\" tg-width=\"640\" tg-height=\"415\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>VIX Range (Google Analytics)</p><p>The VIX index has exposed a very nice range this year, correlated with the bear market rallies. Volatility is the second most important input in options pricing, and a low VIX level means options have a low premium, while high VIX levels translate to expensive options.</p><p>We think volatility is unusually low and will spike at some point. Rather than guesstimate where the index price will be, an investor can speculate that volatility will be much higher come Q1 of 2023. The best way to monetize this view is with extremely out of the money options with low delta (i.e. the spot price does not affect them that much) but high vega figures:</p><p><img src=\"https://static.tigerbbs.com/3279688b817284e926ce78a151cfb1e1\" tg-width=\"640\" tg-height=\"235\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Matrix (MarketChameleon)</p><p>If we look at the March 31st, 2023 expiries for example, we can choose a round number, namely the $300 level. That represents a -21% spot level from current pricing. The respective option has a low &#39;Delta&#39; (i.e. sensitivity to spot prices) because it is extremely out of the money. In English, this purely means that the market has to lose a lot of money in order for that option to be triggered.</p><p>Ok, then how can we profit if we don&#39;t think the S&amp;P 500 is going to 3000? Well, what we are saying above is that we do not need the S&amp;P 500 to go to 3000, we just need volatility to spike in order to make money on this put option. Let us have a closer look:</p><p><img src=\"https://static.tigerbbs.com/58ae18814a015a58e9a9d74ffcc5243e\" tg-width=\"410\" tg-height=\"727\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Put Pricing (Author / E-Trade)</p><p>So this is roughly how the option looks today where we pay $1.33 per contract for this maturity and strike. What we are saying here is that we do not know where exactly the index is going, but we expect volatility to spike. So let&#39;s assume we are somewhere end of January 2023 and volatility has spiked, while the index has moved down in value only a little bit:</p><p><img src=\"https://static.tigerbbs.com/3a0baae5bc8bcb8a28dbf93a1c1f2b10\" tg-width=\"412\" tg-height=\"725\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Put Pricing (Author / E-Trade)</p><p>In blue we have highlighted the assumptions made (market sells off by only -2.5%, days to expiration decrease to 70, but volatility spikes to 39%). We can see how the price of the option has nonetheless doubled!</p><p>We do not need to get the strike right, or the timing here! We do not really care where the index ends up end of Q1 2023, but we do think volatility right now for the index is too low and it will end up spiking higher.</p><p>An active retail investor can target 2x or 3x the premium invested as a profit utilizing this strategy, with the caveat that it is an active trading one, not a buy and hold trade.</p><h2>Conclusion</h2><p>The S&amp;P 500 performance has not been linear this year, despite the ongoing bear market. The wave pattern exposed by the index in a larger downtrend, has resulted in a nice range for the VIX index. The VIX is an equity volatility index, and volatility is one of the main components for options pricing. While we do not know exactly where the S&amp;P 500 will be at the end of Q1 2023, we do believe volatility is too low right now. A tremendous amount of money has been lost this year by trying to guess the correct timing and strike levels for the index. We are of the opinion that this is not the correct approach, and the best way to take advantage of the current bear market is via long volatility trades. The best expression of such a trade would be buying a deep out of the money put option on the S&amp;P 500 (a $300 strike in our example) with a March 31, 2023 expiration date. An active retail investor would look for volatility to spike and for the option premium to double or triple before exiting the trade. The proposed strategy is not a buy and hold one, but a hedging trade for an active investor looking to take advantage of the unusual low levels in the VIX.</p></body></html>","source":"seekingalpha_fund","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>SPY: Should You Buy Volatility Here? We Think Yes</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\">\nSPY: Should You Buy Volatility Here? We Think Yes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-25 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4566016-spy-should-you-buy-volatility-here-we-think-yes><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ThesisThe S&P 500 has been on a roller coaster ride this year:S&P 500 Graph (The Heisenberg)We are in a bear market, but against retail investor expectations, a non-linear one. It would be easy to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4566016-spy-should-you-buy-volatility-here-we-think-yes\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/article/4566016-spy-should-you-buy-volatility-here-we-think-yes","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2293553508","content_text":"ThesisThe S&P 500 has been on a roller coaster ride this year:S&P 500 Graph (The Heisenberg)We are in a bear market, but against retail investor expectations, a non-linear one. It would be easy to trade a linear down-trending bear market - just short the index or buy puts! Everybody would be making money, and the party would never stop. However, making money in the financial markets is not that simple (otherwise everybody would do it). A bear market develops over time, and bear market rallies are there to sow doubt in investors' minds and create FOMO (fear of missing out). A true bear market is identified only after a couple of rallies where the market makes lower highs, and the general trend is establishing itself as being lower.2022 has been a very tough market because just buying puts outright might have not really worked out. What do we mean? Let's say that an investor thought in January there might be weakness in the market come the new year. And let's assume said investor would have bought July 2022 SPY puts with a $400 strike. While the general direction would have been correct, unless monetized in time, the options would have expired worthless (the index ended July with a value above $400). The said investor would have benefited from the mark-to-market impact on the portfolio (i.e. smoother and less volatile returns), but would have not made money on the options.The lesson to be learned here is that an investor cannot always get the timing and strike correctly, while they nonetheless have identified the general trend. So what is a retail investor to do? We believe that an active retail investor can generate positive results and achieve a lower standard deviation in their portfolios by looking at the less known component of options pricing, namely volatility. Instead of choosing the right strike for a put option, an investor can look at the market's volatility level and decide whether it is low or high in historic terms.What is the trade?Instead of trying to figure out where the S&P 500 is going to be in 1-, 2- or 3-months and figure out the correct strike to use, an investor can look at the VIX component of options pricing:VIX Range (Google Analytics)The VIX index has exposed a very nice range this year, correlated with the bear market rallies. Volatility is the second most important input in options pricing, and a low VIX level means options have a low premium, while high VIX levels translate to expensive options.We think volatility is unusually low and will spike at some point. Rather than guesstimate where the index price will be, an investor can speculate that volatility will be much higher come Q1 of 2023. The best way to monetize this view is with extremely out of the money options with low delta (i.e. the spot price does not affect them that much) but high vega figures:Matrix (MarketChameleon)If we look at the March 31st, 2023 expiries for example, we can choose a round number, namely the $300 level. That represents a -21% spot level from current pricing. The respective option has a low 'Delta' (i.e. sensitivity to spot prices) because it is extremely out of the money. In English, this purely means that the market has to lose a lot of money in order for that option to be triggered.Ok, then how can we profit if we don't think the S&P 500 is going to 3000? Well, what we are saying above is that we do not need the S&P 500 to go to 3000, we just need volatility to spike in order to make money on this put option. Let us have a closer look:Put Pricing (Author / E-Trade)So this is roughly how the option looks today where we pay $1.33 per contract for this maturity and strike. What we are saying here is that we do not know where exactly the index is going, but we expect volatility to spike. So let's assume we are somewhere end of January 2023 and volatility has spiked, while the index has moved down in value only a little bit:Put Pricing (Author / E-Trade)In blue we have highlighted the assumptions made (market sells off by only -2.5%, days to expiration decrease to 70, but volatility spikes to 39%). We can see how the price of the option has nonetheless doubled!We do not need to get the strike right, or the timing here! We do not really care where the index ends up end of Q1 2023, but we do think volatility right now for the index is too low and it will end up spiking higher.An active retail investor can target 2x or 3x the premium invested as a profit utilizing this strategy, with the caveat that it is an active trading one, not a buy and hold trade.ConclusionThe S&P 500 performance has not been linear this year, despite the ongoing bear market. The wave pattern exposed by the index in a larger downtrend, has resulted in a nice range for the VIX index. The VIX is an equity volatility index, and volatility is one of the main components for options pricing. While we do not know exactly where the S&P 500 will be at the end of Q1 2023, we do believe volatility is too low right now. A tremendous amount of money has been lost this year by trying to guess the correct timing and strike levels for the index. We are of the opinion that this is not the correct approach, and the best way to take advantage of the current bear market is via long volatility trades. The best expression of such a trade would be buying a deep out of the money put option on the S&P 500 (a $300 strike in our example) with a March 31, 2023 expiration date. An active retail investor would look for volatility to spike and for the option premium to double or triple before exiting the trade. The proposed strategy is not a buy and hold one, but a hedging trade for an active investor looking to take advantage of the unusual low levels in the VIX.","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964659428,"gmtCreate":1670137899065,"gmtModify":1676538309401,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Singapore is a fine city with ample of fine growth. As long equality and positive diversity stands as one United Singaporean, growth will climb beyond the mountain. But if&nbsp;treament of&nbsp;equality narrows&nbsp;then the future generation will face the biggest flop of consequences to theirnation.","listText":"Singapore is a fine city with ample of fine growth. As long equality and positive diversity stands as one United Singaporean, growth will climb beyond the mountain. But if&nbsp;treament of&nbsp;equality narrows&nbsp;then the future generation will face the biggest flop of consequences to theirnation.","text":"Singapore is a fine city with ample of fine growth. As long equality and positive diversity stands as one United Singaporean, growth will climb beyond the mountain. But if treament of equality narrows then the future generation will face the biggest flop of consequences to theirnation.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9964659428","isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988683313,"gmtCreate":1666743759833,"gmtModify":1676537798327,"author":{"id":"3583839588979540","authorId":"3583839588979540","name":"Rjn828","avatar":"https://static.tigerbbs.com/16e7a5cec19c9e23b54723e33e43d828","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583839588979540","authorIdStr":"3583839588979540"},"themes":[],"htmlText":"Very Volatile&nbsp;","listText":"Very Volatile&nbsp;","text":"Very Volatile","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9988683313","repostId":"1111459143","repostType":4,"repost":{"id":"1111459143","kind":"news","pubTimestamp":1666740851,"share":"https://ttm.financial/m/news/1111459143?lang=&edition=fundamental","pubTime":"2022-10-26 07:34","market":"us","language":"en","title":"After-Hours Stock Movers: Alphabet Falls on Miss, Microsoft Lower Despite Beat","url":"https://stock-news.laohu8.com/highlight/detail?id=1111459143","media":"Investing.com","summary":"After-Hours Stock Movers:Skechers USA (NYSE:SKX)11% LOWER; reported Q3 EPS of $0.64, $0.09 worse tha","content":"<html><head></head><body><p><b>After-Hours Stock Movers:</b></p><p>Skechers USA (NYSE:SKX)11% LOWER; reported Q3 EPS of $0.64, $0.09 worse than the analyst estimate of $0.73. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.81 billion. Skechers USA sees FY2022 revenue of $1.73-1.78 billion, versus the consensus of $1.79 billion.</p><p>Alphabet (NASDAQ:GOOGL)7% LOWER; reported Q3 EPS of $1.06, $0.22 worse than the analyst estimate of $1.28. Revenue for the quarter came in at $69.09 billion versus the consensus estimate of $71.34 billion.</p><p>Texas Instruments (NASDAQ:TXN)6% LOWER; reported Q3 EPS of $2.45, $0.06 better than the analyst estimate of $2.39. Revenue for the quarter came in at $5.24 billion versus the consensus estimate of $5.14 billion. Texas Instruments sees Q4 2022 EPS of $1.83-$2.11, versus the consensus of $2.21. Texas Instruments sees Q4 2022 revenue of $4.4-4.8 billion, versus the consensus of $4.93 billion.</p><p>Enphase Energy (NASDAQ:ENPH)5% HIGHER; reported Q3 EPS of $1.25, $0.16 better than the analyst estimate of $1.09. Revenue for the quarter came in at $634.7 million versus the consensus estimate of $614.49 million. Enphase Energy sees Q4 2022 revenue of $680-720 million, versus the consensus of $660 million.</p><p>Mattel (NASDAQ:MAT)5% LOWER; reported Q3 EPS of $0.82, $0.07 better than the analyst estimate of $0.75. Revenue for the quarter came in at $1.76 billion versus the consensus estimate of $1.78 billion. Mattel sees FY2022 EPS of $1.32-$1.42, versus prior of $1.42-$1.48 and the consensus of $1.49. Sees net sales up 8-10%</p><p>Spotify (NYSE:SPOT)5% LOWER; reported Q3 EPS of (EUR0.99), $0.11 worse than the analyst estimate of (EUR0.88). Revenue for the quarter came in at EUR3.04 billion versus the consensus estimate of EUR3.02 billion.</p><p>Meta Platforms, Inc. (META)4% LOWER; falls following Google&#39;s results.</p><p>Microsoft (NASDAQ:MSFT)3% LOWER; reported Q1 EPS of $2.35, $0.03 better than the analyst estimate of $2.32. Revenue for the quarter came in at $50.1 billion versus the consensus estimate of $49.86 billion.</p><p>Teradyne (NASDAQ:TER)2% HIGHER; reported Q3 EPS of $1.15, $0.11 better than the analyst estimate of $1.04. Revenue for the quarter came in at $827 million versus the consensus estimate of $802.22 million. Teradyne sees Q4 2022 EPS of $0.62-$0.86, versus the consensus of $0.72. Teradyne sees Q4 2022 revenue of $670-750 million, versus the consensus of $694.25 million.</p><p>Visa (NYSE:V)1% HIGHER; reported Q4 EPS of $1.93, $0.06 better than the analyst estimate of $1.87. Revenue for the quarter came in at $7.8 billion versus the consensus estimate of $7.57 billion. The board of directors increased Visa&#39;s quarterly cash dividend 20% to $0.45 per share and authorized a new $12.0B share repurchase program.</p><p>Chipotle Mexican Grill (NYSE:CMG)1% LOWER; reported Q3 EPS of $9.51, $0.34 better than the analyst estimate of $9.17. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.23 billion.</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>After-Hours Stock Movers: Alphabet Falls on Miss, Microsoft Lower Despite Beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter-Hours Stock Movers: Alphabet Falls on Miss, Microsoft Lower Despite Beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-26 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://in.investing.com/news/afterhours-stock-movers-1025-alphabet-falls-on-miss-microsoft-lower-despite-beat-432SI-3390531><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock Movers:Skechers USA (NYSE:SKX)11% LOWER; reported Q3 EPS of $0.64, $0.09 worse than the analyst estimate of $0.73. Revenue for the quarter came in at $1.88 billion versus the ...</p>\n\n<a href=\"https://in.investing.com/news/afterhours-stock-movers-1025-alphabet-falls-on-miss-microsoft-lower-despite-beat-432SI-3390531\">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","GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://in.investing.com/news/afterhours-stock-movers-1025-alphabet-falls-on-miss-microsoft-lower-despite-beat-432SI-3390531","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111459143","content_text":"After-Hours Stock Movers:Skechers USA (NYSE:SKX)11% LOWER; reported Q3 EPS of $0.64, $0.09 worse than the analyst estimate of $0.73. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.81 billion. Skechers USA sees FY2022 revenue of $1.73-1.78 billion, versus the consensus of $1.79 billion.Alphabet (NASDAQ:GOOGL)7% LOWER; reported Q3 EPS of $1.06, $0.22 worse than the analyst estimate of $1.28. Revenue for the quarter came in at $69.09 billion versus the consensus estimate of $71.34 billion.Texas Instruments (NASDAQ:TXN)6% LOWER; reported Q3 EPS of $2.45, $0.06 better than the analyst estimate of $2.39. Revenue for the quarter came in at $5.24 billion versus the consensus estimate of $5.14 billion. Texas Instruments sees Q4 2022 EPS of $1.83-$2.11, versus the consensus of $2.21. Texas Instruments sees Q4 2022 revenue of $4.4-4.8 billion, versus the consensus of $4.93 billion.Enphase Energy (NASDAQ:ENPH)5% HIGHER; reported Q3 EPS of $1.25, $0.16 better than the analyst estimate of $1.09. Revenue for the quarter came in at $634.7 million versus the consensus estimate of $614.49 million. Enphase Energy sees Q4 2022 revenue of $680-720 million, versus the consensus of $660 million.Mattel (NASDAQ:MAT)5% LOWER; reported Q3 EPS of $0.82, $0.07 better than the analyst estimate of $0.75. Revenue for the quarter came in at $1.76 billion versus the consensus estimate of $1.78 billion. Mattel sees FY2022 EPS of $1.32-$1.42, versus prior of $1.42-$1.48 and the consensus of $1.49. Sees net sales up 8-10%Spotify (NYSE:SPOT)5% LOWER; reported Q3 EPS of (EUR0.99), $0.11 worse than the analyst estimate of (EUR0.88). Revenue for the quarter came in at EUR3.04 billion versus the consensus estimate of EUR3.02 billion.Meta Platforms, Inc. (META)4% LOWER; falls following Google's results.Microsoft (NASDAQ:MSFT)3% LOWER; reported Q1 EPS of $2.35, $0.03 better than the analyst estimate of $2.32. Revenue for the quarter came in at $50.1 billion versus the consensus estimate of $49.86 billion.Teradyne (NASDAQ:TER)2% HIGHER; reported Q3 EPS of $1.15, $0.11 better than the analyst estimate of $1.04. Revenue for the quarter came in at $827 million versus the consensus estimate of $802.22 million. Teradyne sees Q4 2022 EPS of $0.62-$0.86, versus the consensus of $0.72. Teradyne sees Q4 2022 revenue of $670-750 million, versus the consensus of $694.25 million.Visa (NYSE:V)1% HIGHER; reported Q4 EPS of $1.93, $0.06 better than the analyst estimate of $1.87. Revenue for the quarter came in at $7.8 billion versus the consensus estimate of $7.57 billion. The board of directors increased Visa's quarterly cash dividend 20% to $0.45 per share and authorized a new $12.0B share repurchase program.Chipotle Mexican Grill (NYSE:CMG)1% LOWER; reported Q3 EPS of $9.51, $0.34 better than the analyst estimate of $9.17. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.23 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}