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2021-06-21

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Forget Everything You Know: Morgan Stanley Reveals The Only Metric That Determines What The Market Will Do Next

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14:55","market":"us","language":"en","title":"Forget Everything You Know: Morgan Stanley Reveals The Only Metric That Determines What The Market Will Do Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1177499959","media":"zerohedge","summary":"Traders of a certain age may recall that back in 2013, around the time the Fed's \"Taper Tantrum\" spa","content":"<p>Traders of a certain age may recall that back in 2013, around the time the Fed's \"Taper Tantrum\" sparked a surge in yields and led to a risk asset selloff, a big (if entirely artificial) debate emerged within financial media, where the Fed muppets and their media puppets would argue that \"tapering is not tightening\" while anyone with half a brain realized knew that this was total BS.</p>\n<p>Fast forward to today when Morgan Stanley's Michael Wilson opens up an old wound for clueless Fed apologists, saying in his latest Weekly Warm Up note that \"Tapering<i><b>is</b></i>Tightening\"... but then adds that contrary to the market's shocked reaction to last week's Fed meeting, tightening actually began months ago.</p>\n<p>Elaborating on this point, Wilson - who several months ago turned into Wall Street's most bearish strategist (again)-&nbsp; writes this morning that while the Fed's pivot to \"begin\" the tightening discussion caught most by surprise, in reality markets began discounting this inevitable process months ago as price action had indicated. It's exactly this discounting of the coming tightening, that is what Michael Wilson's mid-cycle transition is all about, and as the strategist adds, \"<b>fits nicely with our narrative for choppier equity markets and a 10-20% correction for the broader indices this year.\"</b></p>\n<p>Or to paraphrase Lester Burnham,<b>\"it's all downhill from here\"...</b>and as Wilson predicts, that won't change until M2 growth is done decelerating; or in other words, until the Fed unleashes another liquidity burst into the system \"<b><i>the transition is incomplete.\"</i></b></p>\n<p>Highlights aside, Wilson then elaborates on each point, noting that while last week's Fed meeting brought more uncertainty to markets one thing is becoming more obvious:<b>\"we are on the other side of the mountain with respect to monetary accommodation for this cycle.</b>\"</p>\n<p>Furthermore, having repeatedlywarned that the US is now mid-cycle...</p>\n<p><img src=\"https://static.tigerbbs.com/d95f296e4d1300cd3c95485a2333d270\" tg-width=\"906\" tg-height=\"571\" referrerpolicy=\"no-referrer\">... Wilson then takes a victory lap writing that what the Fed is doing is \"classic mid cycle transition behavior so investors really shouldn't be too surprised that the Fed would try to begin the long process of tightening.\"</p>\n<blockquote>\n After all, the US economy is booming and expected to grow close to 10 percent this year in nominal terms, a feat last witnessed in 1984. Meanwhile, no matter what one's view is on inflation being transient or not, prices are up significantly and likely higher than what the Fed, or most others were expecting 6 months ago. In other words, the facts and data have changed; therefore, so should Fed policy.\n</blockquote>\n<p>Nevertheless, as discussed here extensively, markets reacted as if this was a complete shock with both bonds and stocks trading as if the Fed had hiked rates already (instead of leaving over $2TN in QE still on deck) after the Fed meeting. Starting with bonds, both nominal 10 year yields and breakevens fell significantly. However, breakevens fell more leaving 10 year real rates higher by almost 20 bps Wednesday afternoon.</p>\n<p>While real rates did settle back a bit on Thursday and Friday, they have formed what appears to be a very solid base from which they are likely to rise as the economy continues to recover and the Fed appropriately pivots. In Wilson's view, \"<b>this looks very similar to 2013, the year after Peak Fed. Back then, Peak Fed was QE3 which was announced on September 12, 2012. This time Peak Fed was the announcement of Average Inflation Targeting last summer.\"</b></p>\n<p><img src=\"https://static.tigerbbs.com/670f9e23e34953726583276c32a7b3f9\" tg-width=\"843\" tg-height=\"445\"></p>\n<p>That said, there is one notable difference between the taper tantrum and today: in 2013 \"tapering\" QE was a novel concept to markets and it came more abruptly with Bernanke's surprise mention during his congressional testimony on May 22, 2013.<b>This time, the markets understand what tapering is and see its arrival as inevitable as the economy recovers.</b>Therefore, while the path higher for real rates is unlikely to be as dramatic as witnessed in 2013, it is still likely to be higher from here and that is a change that will affect all risk markets, including equities, in Morgan Stanley's view.</p>\n<p>Wilson makes one final observation from the chart above, which is how real rates moved substantially<b>before</b>Bernanke's testimony in May 2013, prompting Wilson to notes that \"<i>perhaps it wasn't as much of a surprise as believed, at least to markets. We think it's the same situation today.\"</i></p>\n<blockquote>\n In our view, the data has been so strong, it would be naive not to think the Fed wasn't moving closer to tapering over the past several months. In fact, the idea that the Fed hasn't been thinking and/or talking about it seems absurd. Surely the market understands this, making the events of the past week not so much of a surprise. It's all part of the mid cycle transition that has been ongoing for months and fits with the choppier price action and unstable market leadership we have been witnessing.\n</blockquote>\n<p>The underperformance of early cycle stocks is another classic signal the market \"gets it.\" Nevertheless, in talking with clients the past few days, this view is still out of consensus. Most haven't been ready for tighter monetary policy, nor did they think it's something they needed to worry about, until now.</p>\n<p>Wrapping up the Fed \"surprise\" part of his note, Wilson writes that contrary to the FOMC shock,<b>monetary tightening actually began months ago if one is looking at the right metric, which to the top Morgan Stanley equity strategist - who emerges as yet another closet Austrian - is</b><b><u>money supply growth</u></b><b>:</b></p>\n<blockquote>\n <i>In a world where all of the major developed market central banks are stuck at the zero bound, or lower,</i>\n <i><b>the primary metric that determines if monetary policy is getting more or less accommodative is Money Supply Growth.</b></i>\n</blockquote>\n<p>Realizing that to most Keynesian this will be a controversial statement to say the least, Wilson digs in and says that \"it's absolutely the case and financial markets seem to agree.\"&nbsp; He explains:</p>\n<blockquote>\n <i>When money supply is accelerating, the more speculative / riskier assets tend to outperform and when it's decelerating these assets have more trouble. As noted here several times over the past few months, the Fed's balance sheet (M1) growth peaked in mid February and that coincided with a top in many of the most expensive/speculative stocks in the equity market just like the acceleration in the Fed's balance sheet in the prior 12 months contributed to their spectacular performance. Interestingly, the recently flattening out of the growth in M1 has coincided with more stability in these stocks, although they remain well below prior highs (Exhibit 2).</i>\n</blockquote>\n<p>And visually:</p>\n<p><img src=\"https://static.tigerbbs.com/392b34be32740b00458d59adb2bb80a6\" tg-width=\"852\" tg-height=\"486\"></p>\n<p>But wait there's more, and also an explanation why the Fed has made it virtually impossible to track the weekly change in M2 (the aggregate is now updated only monthly).</p>\n<p>Taking Wilson's argument a step further,<b>M2 growth might be even more important to monitor than M1 because that's the net liquidity available to the economy</b><b><i>and</i></b><b>markets.</b>On that front, the deceleration also began at the end of February<b>but has not yet flattened out and appears to have much further to fall to a&nbsp; more \"normal\" level of annual growth</b>— i.e., 7-8%</p>\n<p><img src=\"https://static.tigerbbs.com/dd5f46571e7e27f9c00fed0a2d310a3c\" tg-width=\"610\" tg-height=\"376\"></p>\n<p>More ominously, this also suggests<b>liquidity is likely to tighten further from here whether the Fed's begins tapering later this year or next.</b></p>\n<p>Finally, when we look at M2 data on a global basis, we get the same picture.</p>\n<p><img src=\"https://static.tigerbbs.com/c77fa806a6775bc562b18346590d26c9\" tg-width=\"613\" tg-height=\"376\"></p>\n<p>Wilson concludes that even ahead of last week's \"shock\" FOMC, the market had already started to de-rate lower into a mid-cycle transition as Fed balance sheet growth has materially slowed. Meanwhile, M2 is slowing just as rapidly and has further to fall, especially when the Fed begins to taper later this year or early next. Finally, global money supply growth is also slowing from elevated levels and every major region is contributing.</p>\n<p>This to Wilson<b>\"looks reminiscent of 2014 and 2018 when markets went through a rolling correction of risky assets\"</b>and he thinks 2021 will prove to be similar in that regard with the highest beta regions falling first (Kospi, China, Japan) and ending with the most defensive (US).</p>\n<p>Putting it all together, the MS strategist writes that \"tapering is tightening but the tightening process began with the rate of change in money supply growth. The good news is that<b>the market already knows it.</b>The bad news is that<b>a majority of investors seem to be just catching on with the Fed's \"surprise\" announcement this past week.</b>This means asset prices are far from done correcting as witnessed with the more cyclical, reflationary assets taking their turn the past few weeks.\"</p>\n<p>And while we completely agree with Wilson's newly discovered Austrian view of markets - funny how on a long enough timeline everyone turns Austrian - the real question is what will catalyze the next M2 boosting cycle, how high will it push stocks, and will the Fed be forced to come out and start buying equities this time after having nationalized the bond market back in 2020.</p>\n<p>We expect that the answer will be revealed after the next 20% drop at which point all of the Fed's hawkishness will evaporate, and Powell (or his replacement Kashkari) will shift to an uber dovish mode as they prepare to unleash the final and biggest asset bubble of all...</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget Everything You Know: Morgan Stanley Reveals The Only Metric That Determines What The Market Will Do Next</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; 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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\">\nForget Everything You Know: Morgan Stanley Reveals The Only Metric That Determines What The Market Will Do Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 14:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/forget-everything-you-know-morgan-stanley-reveals-only-metric-determines-what-market-will><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Traders of a certain age may recall that back in 2013, around the time the Fed's \"Taper Tantrum\" sparked a surge in yields and led to a risk asset selloff, a big (if entirely artificial) debate ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/forget-everything-you-know-morgan-stanley-reveals-only-metric-determines-what-market-will\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/forget-everything-you-know-morgan-stanley-reveals-only-metric-determines-what-market-will","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177499959","content_text":"Traders of a certain age may recall that back in 2013, around the time the Fed's \"Taper Tantrum\" sparked a surge in yields and led to a risk asset selloff, a big (if entirely artificial) debate emerged within financial media, where the Fed muppets and their media puppets would argue that \"tapering is not tightening\" while anyone with half a brain realized knew that this was total BS.\nFast forward to today when Morgan Stanley's Michael Wilson opens up an old wound for clueless Fed apologists, saying in his latest Weekly Warm Up note that \"TaperingisTightening\"... but then adds that contrary to the market's shocked reaction to last week's Fed meeting, tightening actually began months ago.\nElaborating on this point, Wilson - who several months ago turned into Wall Street's most bearish strategist (again)-  writes this morning that while the Fed's pivot to \"begin\" the tightening discussion caught most by surprise, in reality markets began discounting this inevitable process months ago as price action had indicated. It's exactly this discounting of the coming tightening, that is what Michael Wilson's mid-cycle transition is all about, and as the strategist adds, \"fits nicely with our narrative for choppier equity markets and a 10-20% correction for the broader indices this year.\"\nOr to paraphrase Lester Burnham,\"it's all downhill from here\"...and as Wilson predicts, that won't change until M2 growth is done decelerating; or in other words, until the Fed unleashes another liquidity burst into the system \"the transition is incomplete.\"\nHighlights aside, Wilson then elaborates on each point, noting that while last week's Fed meeting brought more uncertainty to markets one thing is becoming more obvious:\"we are on the other side of the mountain with respect to monetary accommodation for this cycle.\"\nFurthermore, having repeatedlywarned that the US is now mid-cycle...\n... Wilson then takes a victory lap writing that what the Fed is doing is \"classic mid cycle transition behavior so investors really shouldn't be too surprised that the Fed would try to begin the long process of tightening.\"\n\n After all, the US economy is booming and expected to grow close to 10 percent this year in nominal terms, a feat last witnessed in 1984. Meanwhile, no matter what one's view is on inflation being transient or not, prices are up significantly and likely higher than what the Fed, or most others were expecting 6 months ago. In other words, the facts and data have changed; therefore, so should Fed policy.\n\nNevertheless, as discussed here extensively, markets reacted as if this was a complete shock with both bonds and stocks trading as if the Fed had hiked rates already (instead of leaving over $2TN in QE still on deck) after the Fed meeting. Starting with bonds, both nominal 10 year yields and breakevens fell significantly. However, breakevens fell more leaving 10 year real rates higher by almost 20 bps Wednesday afternoon.\nWhile real rates did settle back a bit on Thursday and Friday, they have formed what appears to be a very solid base from which they are likely to rise as the economy continues to recover and the Fed appropriately pivots. In Wilson's view, \"this looks very similar to 2013, the year after Peak Fed. Back then, Peak Fed was QE3 which was announced on September 12, 2012. This time Peak Fed was the announcement of Average Inflation Targeting last summer.\"\n\nThat said, there is one notable difference between the taper tantrum and today: in 2013 \"tapering\" QE was a novel concept to markets and it came more abruptly with Bernanke's surprise mention during his congressional testimony on May 22, 2013.This time, the markets understand what tapering is and see its arrival as inevitable as the economy recovers.Therefore, while the path higher for real rates is unlikely to be as dramatic as witnessed in 2013, it is still likely to be higher from here and that is a change that will affect all risk markets, including equities, in Morgan Stanley's view.\nWilson makes one final observation from the chart above, which is how real rates moved substantiallybeforeBernanke's testimony in May 2013, prompting Wilson to notes that \"perhaps it wasn't as much of a surprise as believed, at least to markets. We think it's the same situation today.\"\n\n In our view, the data has been so strong, it would be naive not to think the Fed wasn't moving closer to tapering over the past several months. In fact, the idea that the Fed hasn't been thinking and/or talking about it seems absurd. Surely the market understands this, making the events of the past week not so much of a surprise. It's all part of the mid cycle transition that has been ongoing for months and fits with the choppier price action and unstable market leadership we have been witnessing.\n\nThe underperformance of early cycle stocks is another classic signal the market \"gets it.\" Nevertheless, in talking with clients the past few days, this view is still out of consensus. Most haven't been ready for tighter monetary policy, nor did they think it's something they needed to worry about, until now.\nWrapping up the Fed \"surprise\" part of his note, Wilson writes that contrary to the FOMC shock,monetary tightening actually began months ago if one is looking at the right metric, which to the top Morgan Stanley equity strategist - who emerges as yet another closet Austrian - ismoney supply growth:\n\nIn a world where all of the major developed market central banks are stuck at the zero bound, or lower,\nthe primary metric that determines if monetary policy is getting more or less accommodative is Money Supply Growth.\n\nRealizing that to most Keynesian this will be a controversial statement to say the least, Wilson digs in and says that \"it's absolutely the case and financial markets seem to agree.\"  He explains:\n\nWhen money supply is accelerating, the more speculative / riskier assets tend to outperform and when it's decelerating these assets have more trouble. As noted here several times over the past few months, the Fed's balance sheet (M1) growth peaked in mid February and that coincided with a top in many of the most expensive/speculative stocks in the equity market just like the acceleration in the Fed's balance sheet in the prior 12 months contributed to their spectacular performance. Interestingly, the recently flattening out of the growth in M1 has coincided with more stability in these stocks, although they remain well below prior highs (Exhibit 2).\n\nAnd visually:\n\nBut wait there's more, and also an explanation why the Fed has made it virtually impossible to track the weekly change in M2 (the aggregate is now updated only monthly).\nTaking Wilson's argument a step further,M2 growth might be even more important to monitor than M1 because that's the net liquidity available to the economyandmarkets.On that front, the deceleration also began at the end of Februarybut has not yet flattened out and appears to have much further to fall to a  more \"normal\" level of annual growth— i.e., 7-8%\n\nMore ominously, this also suggestsliquidity is likely to tighten further from here whether the Fed's begins tapering later this year or next.\nFinally, when we look at M2 data on a global basis, we get the same picture.\n\nWilson concludes that even ahead of last week's \"shock\" FOMC, the market had already started to de-rate lower into a mid-cycle transition as Fed balance sheet growth has materially slowed. Meanwhile, M2 is slowing just as rapidly and has further to fall, especially when the Fed begins to taper later this year or early next. Finally, global money supply growth is also slowing from elevated levels and every major region is contributing.\nThis to Wilson\"looks reminiscent of 2014 and 2018 when markets went through a rolling correction of risky assets\"and he thinks 2021 will prove to be similar in that regard with the highest beta regions falling first (Kospi, China, Japan) and ending with the most defensive (US).\nPutting it all together, the MS strategist writes that \"tapering is tightening but the tightening process began with the rate of change in money supply growth. The good news is thatthe market already knows it.The bad news is thata majority of investors seem to be just catching on with the Fed's \"surprise\" announcement this past week.This means asset prices are far from done correcting as witnessed with the more cyclical, reflationary assets taking their turn the past few weeks.\"\nAnd while we completely agree with Wilson's newly discovered Austrian view of markets - funny how on a long enough timeline everyone turns Austrian - the real question is what will catalyze the next M2 boosting cycle, how high will it push stocks, and will the Fed be forced to come out and start buying equities this time after having nationalized the bond market back in 2020.\nWe expect that the answer will be revealed after the next 20% drop at which point all of the Fed's hawkishness will evaporate, and Powell (or his replacement Kashkari) will shift to an uber dovish mode as they prepare to unleash the final and biggest asset bubble of all...","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164237507,"gmtCreate":1624206338709,"gmtModify":1703830653436,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Walao","listText":"Walao","text":"Walao","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164237507","repostId":"1141597711","repostType":4,"repost":{"id":"1141597711","pubTimestamp":1624029257,"share":"https://ttm.financial/m/news/1141597711?lang=&edition=fundamental","pubTime":"2021-06-18 23:14","market":"us","language":"en","title":"GEO Stock: Shares of Recent Reddit Play GEO Group Surge on CEO Buy-In","url":"https://stock-news.laohu8.com/highlight/detail?id=1141597711","media":"investorplace","summary":"GEO Group(NYSE:GEO) is heading higher on Friday following news that the company’s CEO acquired share","content":"<p><b>GEO Group</b>(NYSE:<b><u>GEO</u></b>) is heading higher on Friday following news that the company’s CEO acquired shares of the stock.</p>\n<p>According to a recent filing with the U.S. Securities and Exchange Commission (SEC), chairman and CEO George Zoley picked up an additional166,644 shares of GEO stock. The shares were purchase for prices ranging from $6.685 to $6.80 for an average paid price of $6.75 per share.</p>\n<p>News of the company’s CEO picking shares of GEO stock will likely excite investors betting on the company to rise higher. See, GEO has beentargeted by Redditas one of its new favorite stocks to invest in.</p>\n<p>With Reddit investing in GEO, that means shares of the company’s stock are experiencing a short-squeeze. This has investors buying and holding shares to force out hedge funds. The CEO buying more shares will likely be seen as a positive by Reddit traders.</p>\n<p>GEO Group is a company that offers rehabilitation services to prisons around the world. That includes offerings for bringing criminals back into society once their time has been served. It’s been in business since 1984 but didn’t change to its current name until 2003. You can learn more about the companyat this link.</p>\n<p>GEO stock was up 7.9% as of Friday morning.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GEO Stock: Shares of Recent Reddit Play GEO Group Surge on CEO Buy-In</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\">\nGEO Stock: Shares of Recent Reddit Play GEO Group Surge on CEO Buy-In\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/geo-stock-shares-of-recent-reddit-play-geo-group-surge-on-ceo-buy-in/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GEO Group(NYSE:GEO) is heading higher on Friday following news that the company’s CEO acquired shares of the stock.\nAccording to a recent filing with the U.S. Securities and Exchange Commission (SEC),...</p>\n\n<a href=\"https://investorplace.com/2021/06/geo-stock-shares-of-recent-reddit-play-geo-group-surge-on-ceo-buy-in/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GEO":"GEO惩教集团"},"source_url":"https://investorplace.com/2021/06/geo-stock-shares-of-recent-reddit-play-geo-group-surge-on-ceo-buy-in/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141597711","content_text":"GEO Group(NYSE:GEO) is heading higher on Friday following news that the company’s CEO acquired shares of the stock.\nAccording to a recent filing with the U.S. Securities and Exchange Commission (SEC), chairman and CEO George Zoley picked up an additional166,644 shares of GEO stock. The shares were purchase for prices ranging from $6.685 to $6.80 for an average paid price of $6.75 per share.\nNews of the company’s CEO picking shares of GEO stock will likely excite investors betting on the company to rise higher. See, GEO has beentargeted by Redditas one of its new favorite stocks to invest in.\nWith Reddit investing in GEO, that means shares of the company’s stock are experiencing a short-squeeze. This has investors buying and holding shares to force out hedge funds. The CEO buying more shares will likely be seen as a positive by Reddit traders.\nGEO Group is a company that offers rehabilitation services to prisons around the world. That includes offerings for bringing criminals back into society once their time has been served. It’s been in business since 1984 but didn’t change to its current name until 2003. You can learn more about the companyat this link.\nGEO stock was up 7.9% as of Friday morning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164233726,"gmtCreate":1624205761665,"gmtModify":1703830645266,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164233726","repostId":"2144773750","repostType":4,"repost":{"id":"2144773750","pubTimestamp":1624014000,"share":"https://ttm.financial/m/news/2144773750?lang=&edition=fundamental","pubTime":"2021-06-18 19:00","market":"us","language":"en","title":"This Under-the-Radar Payments Company Could Be a Great Investment","url":"https://stock-news.laohu8.com/highlight/detail?id=2144773750","media":"Motley Fool","summary":"While many investors chase new, highflying entrants to the financial services sector, this 46-year-old SaaS payments company might represent excellent value.","content":"<p>The financial sector is constantly evolving -- especially the payments industry, which is home to countless new companies that are trying to change the way consumers trade with merchants. But some of the most important innovations haven't come from young, exciting companies.</p>\n<p>Founded in 1975, <b>ACI Worldwide</b> (NASDAQ:ACIW) is responsible for processing over $14 trillion worth of daily transactions and does business with 19 of the world's 20 largest banks. Aside from becoming the target of an activist investor in 2020, this company is rarely a hot topic in investment circles. It hosts a modest valuation compared to some of the smaller disruptors in the sector yet has delivered solid growth recently, and is projected to continue doing so. It's definitely worth considering for your portfolio.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a2cdff04063f294d2a2063a870dbd1b\" tg-width=\"700\" tg-height=\"466\"><span>Image Source: Getty Images</span></p>\n<h2>A variety of solutions</h2>\n<p>ACI Worldwide is ambitious. It strives to be a software-driven, <a href=\"https://laohu8.com/S/AONE\">one</a>-stop payments provider for businesses of all kinds. It doesn't just process transactions; it also offers billing solutions to assist businesses with customer interactions -- and even a digital debt-collections service!</p>\n<p>It reports revenue and EBITDA in three different parts to offer clarity on the best-performing areas of its business:</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Segment</p></th>\n   <th><p>Q1 2021 Revenue (millions)</p></th>\n   <th><p>Q1 2021 EBITDA (millions)</p></th>\n   <th><p>Q1 2021 EBITDA Margin</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Banks</p></td>\n   <td><p>$95.9</p></td>\n   <td><p>$37.2</p></td>\n   <td><p>38.7%</p></td>\n  </tr>\n  <tr>\n   <td><p>Merchants</p></td>\n   <td><p>$38.7</p></td>\n   <td><p>$14.7</p></td>\n   <td><p>37.9%</p></td>\n  </tr>\n  <tr>\n   <td><p>Billers</p></td>\n   <td><p>$150.6</p></td>\n   <td><p>$34.0</p></td>\n   <td><p>22.5%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>DATA SOURCE: COMPANY FILINGS</p>\n<p>The billers segment makes up more than half of the company's revenue, but is the least profitable with the smallest EBITDA margin. Billers are typically companies that draw regular payments from customers, like a phone or utilities provider. The biggest margins come from banks, who use ACI's white-label software to run online portals and internet banking for customers. This is particularly distinctive, because most other payments companies are focused on <i>changing</i> banking and finance, not necessarily <i>serving</i> traditional banks.</p>\n<p>The company also provides merchant services, helping physical businesses build their presence online, and offers in-store payment solutions.</p>\n<p>Ultimately, ACI is helping to digitize merchants, providing them with the opportunity to harness omnichannel strategies. From in-store payments to online payments, businesses rely on ACI's software solutions, and with features like integrated machine learning-based fraud protection, they can operate with confidence.</p>\n<p>ACI runs under a software as a service (SaaS) business model, which means most of its revenue is recurring (subscription-based). The majority of its services are delivered in the cloud, making them truly mobile, which is essential when facilitating global transactions.</p>\n<p>As recently as the first-quarter 2021 earnings release, ACI flagged its search for potential acquisitions in an attempt to further supplement its current product offerings and also expand them. Acquisitions aren't new for this company. In 2019, it purchased Speedpay from <b>Western Union</b>, which it has integrated into its existing billing platform. It also added Walletron in the same year, allowing for integrations with Apple Wallet and Google Pay, to give consumers more mobile payment options.</p>\n<h2>The rule of 40</h2>\n<p>Despite growing revenues, earnings per share (EPS) have been stagnant for the last few years. However, analysts expect full-year 2021 growth of 85% driven by the company's projected ''rule of 40'' milestone. ACI has chosen to measure its performance by this metric, as it is widely recognized by investors in the SaaS space.</p>\n<p>A company passes the rule of 40 test when its revenue growth rate and profit margin add up to 40% or more. It can be achieved in different ways: A revenue growth of 20% and a 20% earnings before interest, taxes, depreciation, and amortization (EBITDA) margin is the benchmark; but 40% revenue growth and a 0% EBITDA margin would also qualify.</p>\n<p>SaaS companies that maintain the rule of 40 typically attract higher earnings multiples in the market, indicating that investors favor them over their peers, which are growing the key metrics at a slower rate.</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Metric</p></th>\n   <th><p>2019</p></th>\n   <th><p>2020</p></th>\n   <th><p>Q1 2021</p></th>\n   <th><p>2021 Full-Year Estimate</p></th>\n   <th><p>2022 Full-Year Estimate</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Revenue (millions)</p></td>\n   <td><p>$1,258</p></td>\n   <td><p>$1,294</p></td>\n   <td><p>$285</p></td>\n   <td><p>$1,330</p></td>\n   <td><p>$1,400</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$0.57</p></td>\n   <td><p>$0.62</p></td>\n   <td><p>$0.15</p></td>\n   <td><p>$1.15</p></td>\n   <td><p>$1.28</p></td>\n  </tr>\n </tbody>\n</table>\n<p>DATA SOURCE: COMPANY FILINGS, YAHOO! FINANCE</p>\n<p>For the full-year 2020, ACI achieved a net adjusted EBITDA margin of 37% and revenue growth of 2.8%, so it was mere basis points away from achieving the rule of 40 milestone. It has projected it will reach it for the full year 2021; however, Q1 was a little sluggish, attributable to persistent COVID-related headwinds. It delivered an EBITDA margin of just 23%, and a revenue <i>contraction</i> of 2%. However, it's still early in the year, and ACI has guided for revenue to grow (sequentially) in Q2.</p>\n<p>Growth this year could be driven by the merchants segment. Although it's the smallest for the company, with businesses reopening after COVID lockdowns, there is an opportunity for ACI to capture new customers. As it's really profitable (almost as profitable as the banking segment), it could also be a big contributor to blended EBITDA margins.</p>\n<h2>A modest valuation</h2>\n<p>Financial services companies are typically given smaller valuations compared to companies in other sectors, like technology. With a $4.6 billion market cap, ACI Worldwide trades at just 3.5 times trailing 12-month revenue. But given its digital and technological focus, there is an opportunity for the company to prove itself to growth investors, and potentially attract a higher valuation by generating stronger operating performance..</p>\n<p>By comparison, payments giant <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings</b> trades at 14.3 times trailing 12-month revenue,&nbsp;although it is growing much more quickly. PayPal does operate an entirely different business model, but it has similar goals, which involve facilitating instant transacting worldwide.</p>\n<p>The rule of 40 could be the key to unlocking consistent earnings growth in the coming years as analysts are predicting. Revenue growth has been the main hurdle for ACI, and it will need to innovate to generate better results, whether organically or by acquisition. At Thursday's close, the stock was trading at pennies higher than where it opened the year, but that could change with improved results in the coming quarters.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Under-the-Radar Payments Company Could Be a Great Investment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Under-the-Radar Payments Company Could Be a Great Investment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/18/under-the-radar-payments-company-could-be-a-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The financial sector is constantly evolving -- especially the payments industry, which is home to countless new companies that are trying to change the way consumers trade with merchants. But some of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/under-the-radar-payments-company-could-be-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACIW":"ACI环球"},"source_url":"https://www.fool.com/investing/2021/06/18/under-the-radar-payments-company-could-be-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144773750","content_text":"The financial sector is constantly evolving -- especially the payments industry, which is home to countless new companies that are trying to change the way consumers trade with merchants. But some of the most important innovations haven't come from young, exciting companies.\nFounded in 1975, ACI Worldwide (NASDAQ:ACIW) is responsible for processing over $14 trillion worth of daily transactions and does business with 19 of the world's 20 largest banks. Aside from becoming the target of an activist investor in 2020, this company is rarely a hot topic in investment circles. It hosts a modest valuation compared to some of the smaller disruptors in the sector yet has delivered solid growth recently, and is projected to continue doing so. It's definitely worth considering for your portfolio.\nImage Source: Getty Images\nA variety of solutions\nACI Worldwide is ambitious. It strives to be a software-driven, one-stop payments provider for businesses of all kinds. It doesn't just process transactions; it also offers billing solutions to assist businesses with customer interactions -- and even a digital debt-collections service!\nIt reports revenue and EBITDA in three different parts to offer clarity on the best-performing areas of its business:\n\n\n\nSegment\nQ1 2021 Revenue (millions)\nQ1 2021 EBITDA (millions)\nQ1 2021 EBITDA Margin\n\n\n\n\nBanks\n$95.9\n$37.2\n38.7%\n\n\nMerchants\n$38.7\n$14.7\n37.9%\n\n\nBillers\n$150.6\n$34.0\n22.5%\n\n\n\nDATA SOURCE: COMPANY FILINGS\nThe billers segment makes up more than half of the company's revenue, but is the least profitable with the smallest EBITDA margin. Billers are typically companies that draw regular payments from customers, like a phone or utilities provider. The biggest margins come from banks, who use ACI's white-label software to run online portals and internet banking for customers. This is particularly distinctive, because most other payments companies are focused on changing banking and finance, not necessarily serving traditional banks.\nThe company also provides merchant services, helping physical businesses build their presence online, and offers in-store payment solutions.\nUltimately, ACI is helping to digitize merchants, providing them with the opportunity to harness omnichannel strategies. From in-store payments to online payments, businesses rely on ACI's software solutions, and with features like integrated machine learning-based fraud protection, they can operate with confidence.\nACI runs under a software as a service (SaaS) business model, which means most of its revenue is recurring (subscription-based). The majority of its services are delivered in the cloud, making them truly mobile, which is essential when facilitating global transactions.\nAs recently as the first-quarter 2021 earnings release, ACI flagged its search for potential acquisitions in an attempt to further supplement its current product offerings and also expand them. Acquisitions aren't new for this company. In 2019, it purchased Speedpay from Western Union, which it has integrated into its existing billing platform. It also added Walletron in the same year, allowing for integrations with Apple Wallet and Google Pay, to give consumers more mobile payment options.\nThe rule of 40\nDespite growing revenues, earnings per share (EPS) have been stagnant for the last few years. However, analysts expect full-year 2021 growth of 85% driven by the company's projected ''rule of 40'' milestone. ACI has chosen to measure its performance by this metric, as it is widely recognized by investors in the SaaS space.\nA company passes the rule of 40 test when its revenue growth rate and profit margin add up to 40% or more. It can be achieved in different ways: A revenue growth of 20% and a 20% earnings before interest, taxes, depreciation, and amortization (EBITDA) margin is the benchmark; but 40% revenue growth and a 0% EBITDA margin would also qualify.\nSaaS companies that maintain the rule of 40 typically attract higher earnings multiples in the market, indicating that investors favor them over their peers, which are growing the key metrics at a slower rate.\n\n\n\nMetric\n2019\n2020\nQ1 2021\n2021 Full-Year Estimate\n2022 Full-Year Estimate\n\n\n\n\nRevenue (millions)\n$1,258\n$1,294\n$285\n$1,330\n$1,400\n\n\nEarnings Per Share\n$0.57\n$0.62\n$0.15\n$1.15\n$1.28\n\n\n\nDATA SOURCE: COMPANY FILINGS, YAHOO! FINANCE\nFor the full-year 2020, ACI achieved a net adjusted EBITDA margin of 37% and revenue growth of 2.8%, so it was mere basis points away from achieving the rule of 40 milestone. It has projected it will reach it for the full year 2021; however, Q1 was a little sluggish, attributable to persistent COVID-related headwinds. It delivered an EBITDA margin of just 23%, and a revenue contraction of 2%. However, it's still early in the year, and ACI has guided for revenue to grow (sequentially) in Q2.\nGrowth this year could be driven by the merchants segment. Although it's the smallest for the company, with businesses reopening after COVID lockdowns, there is an opportunity for ACI to capture new customers. As it's really profitable (almost as profitable as the banking segment), it could also be a big contributor to blended EBITDA margins.\nA modest valuation\nFinancial services companies are typically given smaller valuations compared to companies in other sectors, like technology. With a $4.6 billion market cap, ACI Worldwide trades at just 3.5 times trailing 12-month revenue. But given its digital and technological focus, there is an opportunity for the company to prove itself to growth investors, and potentially attract a higher valuation by generating stronger operating performance..\nBy comparison, payments giant PayPal Holdings trades at 14.3 times trailing 12-month revenue, although it is growing much more quickly. PayPal does operate an entirely different business model, but it has similar goals, which involve facilitating instant transacting worldwide.\nThe rule of 40 could be the key to unlocking consistent earnings growth in the coming years as analysts are predicting. Revenue growth has been the main hurdle for ACI, and it will need to innovate to generate better results, whether organically or by acquisition. At Thursday's close, the stock was trading at pennies higher than where it opened the year, but that could change with improved results in the coming quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164299071,"gmtCreate":1624205248193,"gmtModify":1703830630408,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164299071","repostId":"1190435717","repostType":4,"repost":{"id":"1190435717","pubTimestamp":1624026313,"share":"https://ttm.financial/m/news/1190435717?lang=&edition=fundamental","pubTime":"2021-06-18 22:25","market":"us","language":"en","title":"General Electric Sets Date for 1-for-8 Reverse Stock Split as Aug. 2","url":"https://stock-news.laohu8.com/highlight/detail?id=1190435717","media":"thestreet","summary":"General Electric (GE) -Get Report said Friday it will proceed with its planned one-for-eight stock s","content":"<p>General Electric&nbsp;(<b>GE</b>) -Get Report&nbsp;said Friday it will proceed with its planned one-for-eight stock split on July 30, with shares trading on the adjusted basis as of August 2.</p>\n<p>GE unveiled the split plans in early May that it said would \"reduce the number of shares outstanding \"to a number more typical of companies with comparable market capitalization\". That followed a 2021 financial update that&nbsp;repeated industrial revenues will grow \"organically in the low-single-digit range\" while earnings should come in between 15 cents and 25 cents per share. Industrial free-cash flow, GE said, is forecast in the range of $2.5 billion to $4.5 billion.</p>\n<p>\"GE has divested a number of businesses over the last several years-including nearly all of GE Capital-without any corresponding adjustments to reduce our share count,\" Said CDO Carolina Dybeck. \"The reverse stock split will better align GE's number of shares outstanding with companies of our size and scope. It also marks another step in GE's transformation to be a more focused, simpler, stronger high-tech industrial company.\"</p>\n<p>General Electric shares were marked 1.5% lower in heavy early market volume Friday to change hands at $12.79 each, a move that trims the stock's year-to-date gain to around 19%.</p>\n<p>GE posted stronger-than-expected first quarter earnings of 3 cents per share in late April, as revenues jumped 16.6% to $17.1 billion, but held off on boosting its full-year profit forecast amid the ongoing hit to its aviation business from the global coronavirus pandemic.</p>\n<p>Last month, Citigroup analyst Andrew Kaplowitz pegged a $17 price target on GE, alongside a reinstated 'buy' rating, amid what he said was evidence of improvements across the whole of its business portfolio under CEO Larry' Culp's turnaround plans that could trigger \"material upside\" in GE shares.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>General Electric Sets Date for 1-for-8 Reverse Stock Split as Aug. 2</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\">\nGeneral Electric Sets Date for 1-for-8 Reverse Stock Split as Aug. 2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 22:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/general-electric-sets-1-for-8-reverse-stock-split-date-at-august-2><strong>thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electric (GE) -Get Report said Friday it will proceed with its planned one-for-eight stock split on July 30, with shares trading on the adjusted basis as of August 2.\nGE unveiled the split ...</p>\n\n<a href=\"https://www.thestreet.com/investing/general-electric-sets-1-for-8-reverse-stock-split-date-at-august-2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.thestreet.com/investing/general-electric-sets-1-for-8-reverse-stock-split-date-at-august-2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190435717","content_text":"General Electric (GE) -Get Report said Friday it will proceed with its planned one-for-eight stock split on July 30, with shares trading on the adjusted basis as of August 2.\nGE unveiled the split plans in early May that it said would \"reduce the number of shares outstanding \"to a number more typical of companies with comparable market capitalization\". That followed a 2021 financial update that repeated industrial revenues will grow \"organically in the low-single-digit range\" while earnings should come in between 15 cents and 25 cents per share. Industrial free-cash flow, GE said, is forecast in the range of $2.5 billion to $4.5 billion.\n\"GE has divested a number of businesses over the last several years-including nearly all of GE Capital-without any corresponding adjustments to reduce our share count,\" Said CDO Carolina Dybeck. \"The reverse stock split will better align GE's number of shares outstanding with companies of our size and scope. It also marks another step in GE's transformation to be a more focused, simpler, stronger high-tech industrial company.\"\nGeneral Electric shares were marked 1.5% lower in heavy early market volume Friday to change hands at $12.79 each, a move that trims the stock's year-to-date gain to around 19%.\nGE posted stronger-than-expected first quarter earnings of 3 cents per share in late April, as revenues jumped 16.6% to $17.1 billion, but held off on boosting its full-year profit forecast amid the ongoing hit to its aviation business from the global coronavirus pandemic.\nLast month, Citigroup analyst Andrew Kaplowitz pegged a $17 price target on GE, alongside a reinstated 'buy' rating, amid what he said was evidence of improvements across the whole of its business portfolio under CEO Larry' Culp's turnaround plans that could trigger \"material upside\" in GE shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164207894,"gmtCreate":1624205177518,"gmtModify":1703830628308,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/164207894","repostId":"1103331073","repostType":4,"repost":{"id":"1103331073","pubTimestamp":1624029560,"share":"https://ttm.financial/m/news/1103331073?lang=&edition=fundamental","pubTime":"2021-06-18 23:19","market":"fut","language":"en","title":"Commodities Bulls Nurse Their Wounds But Fight’s Not Over Yet","url":"https://stock-news.laohu8.com/highlight/detail?id=1103331073","media":"bloomberg","summary":"The commodities boom has taken a knock this month, and while there are many reasons to still bet on ","content":"<p>The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.</p>\n<p>Vast amounts of stimulus, economies reopening from the pandemic and strong Chinese demand have driven a surge in raw-material prices this year, some to record highs. Yet they’ve slumped in the past two weeks -- with somewiping outgains for the year -- on a more hawkish U.S. monetary policy tone, China’s bid to cool inflation pressures and better weather for crops.</p>\n<p>While that’s blown away some of the speculative froth from the market, the big question is whether the latest commodities bull run has passed its peak or is just taking a breather.</p>\n<p>Either way, the direction may not be broad based, with each market having its own individual levers pushing and pulling. Copper traders need to balance a short-term cooling in China with long-termgreen-energy prospects. Oil’s dip could be limited by falling stockpiles and supply concerns, iron ore is being whipsawed by Chinese policies, while gold will largely be at the mercy of when Federal Reserve tapering starts.</p>\n<p><img src=\"https://static.tigerbbs.com/98efbaaf8487a164efed6c727959a5c7\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>“I can still see a lot of inflationary pressures in the supply chain, and the reality is that it’s going up,” said Michael Widmer, head of metals research at Bank of America Merrill Lynch in London. “From a commodity-price perspective, I can see the structural argument still for prices to stay elevated or go higher going forward.”</p>\n<p>Copper</p>\n<p>Theyear-longrally to a record in May was sparked by surging Chinese demand, but there are signs orders from manufacturers are starting to wane.</p>\n<p>Bulls are confident that the rest of the world will pick up the slack as renewable energy and electric-vehicle investment creates a step-change in demand in Europe and North America. Still, it could be a while before that spending makes its way to factory order books, and softer demand in the meantime could embolden bears who say current high prices aren’t justified by fundamentals.</p>\n<p><img src=\"https://static.tigerbbs.com/745940226f45fbf407b0a9ea989a0be7\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Iron Ore</p>\n<p>It might be particularly hard to predict the trajectory for iron ore, themost volatilecommodity right now. It surged to a record, collapsed into a bear market and then rebounded back into a bull market within a matter of weeks traders grappled with the murky outlook for demand in top consumer China.</p>\n<p>Both bulls and bears are keeping a close eye on China’s simultaneous goals to contain the inflationary pressures stemming from high commodity prices and to make its vast steel sector greener. The country’s steel output is still on track to smashanother recordthis year, which might prompt further actions from authorities to restrict production and whipsaw iron ore yet again.</p>\n<p><img src=\"https://static.tigerbbs.com/a6d580e34388bde0a0fb1107839fb589\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Agriculture</p>\n<p>Showers across the U.S. corn belt and uncertainty over biofuel policy have helped send crop markets tumbling lately, but much more rain will be needed to ensure bumper harvests in one of the world’s top suppliers. More than a third of America’s corn and soybean area is suffering fromdrought, afterrecord-breakingheatwaves.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e23a5f18610ffc4fb2d6982a70a67f4\" tg-width=\"1000\" tg-height=\"692\" referrerpolicy=\"no-referrer\"><span>Showers are set to span the U.S. Corn Belt on Saturday</span></p>\n<p>It’s a China story on the demand side, with the nation’s huge imports sending crop and hog futures soaring in the past year. Major traders like Cargill Inc. and Viterra say crop markets are in a “mini-supercycle” that could last half a decade, driven by increased biofuel demand and continued Chinese buying.</p>\n<p>Oil</p>\n<p>Focus is already turning to how sharply demand will recover over the summer. While there are signs the U.S. is leading the way as western economies reopen, the spread of the delta variant of the coronavirus, first identified in India, is raising renewed concern about the path for consumption in parts of Asia.</p>\n<p>For now, it looks as though the market is going to need extra supply in the second half of the year. The OPEC+ group is yet to confirm plans for production beyond July, while U.S. shale producers continue to preach discipline as they’remaking moneyagain. All the more reason then, that the focus is so intense on when the market will see Iranian supply return astalks with the U.S.continue.</p>\n<p>Gold</p>\n<p>Bullion is more susceptible to Federal Reserve actions than perhaps any other commodity. It tumbled to the lowest since early May after the U.S. central bank signaledmonetary policy tighteningcould start earlier than expected and the dollar jumped.</p>\n<p><img src=\"https://static.tigerbbs.com/06544f6db5b2c483c4ee6c03141f9d21\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>Although the precious metal is often bought as a hedge against inflation, the Fed signaled this week that higher-than-expected inflation would not be allowed to persist, opening up the door for faster stimulus tapering. That weighs on the appeal of non-interest bearing gold. UBS Group AG forecasts prices at $1,600 an ounce by year-end, compared with about $1,780 now.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Commodities Bulls Nurse Their Wounds But Fight’s Not Over Yet</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\">\nCommodities Bulls Nurse Their Wounds But Fight’s Not Over Yet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.\nVast amounts of stimulus, economies ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103331073","content_text":"The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.\nVast amounts of stimulus, economies reopening from the pandemic and strong Chinese demand have driven a surge in raw-material prices this year, some to record highs. Yet they’ve slumped in the past two weeks -- with somewiping outgains for the year -- on a more hawkish U.S. monetary policy tone, China’s bid to cool inflation pressures and better weather for crops.\nWhile that’s blown away some of the speculative froth from the market, the big question is whether the latest commodities bull run has passed its peak or is just taking a breather.\nEither way, the direction may not be broad based, with each market having its own individual levers pushing and pulling. Copper traders need to balance a short-term cooling in China with long-termgreen-energy prospects. Oil’s dip could be limited by falling stockpiles and supply concerns, iron ore is being whipsawed by Chinese policies, while gold will largely be at the mercy of when Federal Reserve tapering starts.\n\n“I can still see a lot of inflationary pressures in the supply chain, and the reality is that it’s going up,” said Michael Widmer, head of metals research at Bank of America Merrill Lynch in London. “From a commodity-price perspective, I can see the structural argument still for prices to stay elevated or go higher going forward.”\nCopper\nTheyear-longrally to a record in May was sparked by surging Chinese demand, but there are signs orders from manufacturers are starting to wane.\nBulls are confident that the rest of the world will pick up the slack as renewable energy and electric-vehicle investment creates a step-change in demand in Europe and North America. Still, it could be a while before that spending makes its way to factory order books, and softer demand in the meantime could embolden bears who say current high prices aren’t justified by fundamentals.\nIron Ore\nIt might be particularly hard to predict the trajectory for iron ore, themost volatilecommodity right now. It surged to a record, collapsed into a bear market and then rebounded back into a bull market within a matter of weeks traders grappled with the murky outlook for demand in top consumer China.\nBoth bulls and bears are keeping a close eye on China’s simultaneous goals to contain the inflationary pressures stemming from high commodity prices and to make its vast steel sector greener. The country’s steel output is still on track to smashanother recordthis year, which might prompt further actions from authorities to restrict production and whipsaw iron ore yet again.\nAgriculture\nShowers across the U.S. corn belt and uncertainty over biofuel policy have helped send crop markets tumbling lately, but much more rain will be needed to ensure bumper harvests in one of the world’s top suppliers. More than a third of America’s corn and soybean area is suffering fromdrought, afterrecord-breakingheatwaves.\nShowers are set to span the U.S. Corn Belt on Saturday\nIt’s a China story on the demand side, with the nation’s huge imports sending crop and hog futures soaring in the past year. Major traders like Cargill Inc. and Viterra say crop markets are in a “mini-supercycle” that could last half a decade, driven by increased biofuel demand and continued Chinese buying.\nOil\nFocus is already turning to how sharply demand will recover over the summer. While there are signs the U.S. is leading the way as western economies reopen, the spread of the delta variant of the coronavirus, first identified in India, is raising renewed concern about the path for consumption in parts of Asia.\nFor now, it looks as though the market is going to need extra supply in the second half of the year. The OPEC+ group is yet to confirm plans for production beyond July, while U.S. shale producers continue to preach discipline as they’remaking moneyagain. All the more reason then, that the focus is so intense on when the market will see Iranian supply return astalks with the U.S.continue.\nGold\nBullion is more susceptible to Federal Reserve actions than perhaps any other commodity. It tumbled to the lowest since early May after the U.S. central bank signaledmonetary policy tighteningcould start earlier than expected and the dollar jumped.\n\nAlthough the precious metal is often bought as a hedge against inflation, the Fed signaled this week that higher-than-expected inflation would not be allowed to persist, opening up the door for faster stimulus tapering. That weighs on the appeal of non-interest bearing gold. UBS Group AG forecasts prices at $1,600 an ounce by year-end, compared with about $1,780 now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164204003,"gmtCreate":1624205139502,"gmtModify":1703830626370,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164204003","repostId":"2144218770","repostType":4,"repost":{"id":"2144218770","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":1624060559,"share":"https://ttm.financial/m/news/2144218770?lang=&edition=fundamental","pubTime":"2021-06-19 07:55","market":"us","language":"en","title":"Ex-Tesla president sold stocks worth $247 million since June 10-SEC filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2144218770","media":"Reuters","summary":"BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc executive and president Jerome Guillen, wh","content":"<p>BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc&nbsp;executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a>.</p>\n<p>The filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on June 14, and 90,111 stocks worth $55 million on June 10.</p>\n<p>\"It could raise some eyebrows for investors,\" Wedbush Securities analyst Daniel Ives said, adding that investors are going to watch closely to see if he sells more.</p>\n<p>Guillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company's entire vehicles business before being named president of the Tesla Heavy Trucking unit in March. He left the company on June 3.</p>\n<p>The departure of Guillen, <a href=\"https://laohu8.com/S/AONE\">one</a> of Tesla's top four leaders, including CEO Elon Musk, has sparked market concerns about Tesla's future vehicle programs like the Semi electric trucks and new batteries called 4680 cells.</p>\n<p>Stock options give employees and executives the right to buy their company's stock at a specified price for a certain period of time. When share prices rise above the exercise price, they can buy the stocks at discounted prices.</p>\n<p>It was not immediately known how much Guillen paid to exercise the options.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ex-Tesla president sold stocks worth $247 million since June 10-SEC filing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEx-Tesla president sold stocks worth $247 million since June 10-SEC filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-19 07:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc&nbsp;executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a>.</p>\n<p>The filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on June 14, and 90,111 stocks worth $55 million on June 10.</p>\n<p>\"It could raise some eyebrows for investors,\" Wedbush Securities analyst Daniel Ives said, adding that investors are going to watch closely to see if he sells more.</p>\n<p>Guillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company's entire vehicles business before being named president of the Tesla Heavy Trucking unit in March. He left the company on June 3.</p>\n<p>The departure of Guillen, <a href=\"https://laohu8.com/S/AONE\">one</a> of Tesla's top four leaders, including CEO Elon Musk, has sparked market concerns about Tesla's future vehicle programs like the Semi electric trucks and new batteries called 4680 cells.</p>\n<p>Stock options give employees and executives the right to buy their company's stock at a specified price for a certain period of time. When share prices rise above the exercise price, they can buy the stocks at discounted prices.</p>\n<p>It was not immediately known how much Guillen paid to exercise the options.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144218770","content_text":"BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission $(SEC.UK)$.\nThe filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on June 14, and 90,111 stocks worth $55 million on June 10.\n\"It could raise some eyebrows for investors,\" Wedbush Securities analyst Daniel Ives said, adding that investors are going to watch closely to see if he sells more.\nGuillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company's entire vehicles business before being named president of the Tesla Heavy Trucking unit in March. He left the company on June 3.\nThe departure of Guillen, one of Tesla's top four leaders, including CEO Elon Musk, has sparked market concerns about Tesla's future vehicle programs like the Semi electric trucks and new batteries called 4680 cells.\nStock options give employees and executives the right to buy their company's stock at a specified price for a certain period of time. When share prices rise above the exercise price, they can buy the stocks at discounted prices.\nIt was not immediately known how much Guillen paid to exercise the options.","news_type":1},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164206744,"gmtCreate":1624205051988,"gmtModify":1703830624585,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164206744","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":164207894,"gmtCreate":1624205177518,"gmtModify":1703830628308,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/164207894","repostId":"1103331073","repostType":4,"repost":{"id":"1103331073","pubTimestamp":1624029560,"share":"https://ttm.financial/m/news/1103331073?lang=&edition=fundamental","pubTime":"2021-06-18 23:19","market":"fut","language":"en","title":"Commodities Bulls Nurse Their Wounds But Fight’s Not Over Yet","url":"https://stock-news.laohu8.com/highlight/detail?id=1103331073","media":"bloomberg","summary":"The commodities boom has taken a knock this month, and while there are many reasons to still bet on ","content":"<p>The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.</p>\n<p>Vast amounts of stimulus, economies reopening from the pandemic and strong Chinese demand have driven a surge in raw-material prices this year, some to record highs. Yet they’ve slumped in the past two weeks -- with somewiping outgains for the year -- on a more hawkish U.S. monetary policy tone, China’s bid to cool inflation pressures and better weather for crops.</p>\n<p>While that’s blown away some of the speculative froth from the market, the big question is whether the latest commodities bull run has passed its peak or is just taking a breather.</p>\n<p>Either way, the direction may not be broad based, with each market having its own individual levers pushing and pulling. Copper traders need to balance a short-term cooling in China with long-termgreen-energy prospects. Oil’s dip could be limited by falling stockpiles and supply concerns, iron ore is being whipsawed by Chinese policies, while gold will largely be at the mercy of when Federal Reserve tapering starts.</p>\n<p><img src=\"https://static.tigerbbs.com/98efbaaf8487a164efed6c727959a5c7\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>“I can still see a lot of inflationary pressures in the supply chain, and the reality is that it’s going up,” said Michael Widmer, head of metals research at Bank of America Merrill Lynch in London. “From a commodity-price perspective, I can see the structural argument still for prices to stay elevated or go higher going forward.”</p>\n<p>Copper</p>\n<p>Theyear-longrally to a record in May was sparked by surging Chinese demand, but there are signs orders from manufacturers are starting to wane.</p>\n<p>Bulls are confident that the rest of the world will pick up the slack as renewable energy and electric-vehicle investment creates a step-change in demand in Europe and North America. Still, it could be a while before that spending makes its way to factory order books, and softer demand in the meantime could embolden bears who say current high prices aren’t justified by fundamentals.</p>\n<p><img src=\"https://static.tigerbbs.com/745940226f45fbf407b0a9ea989a0be7\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Iron Ore</p>\n<p>It might be particularly hard to predict the trajectory for iron ore, themost volatilecommodity right now. It surged to a record, collapsed into a bear market and then rebounded back into a bull market within a matter of weeks traders grappled with the murky outlook for demand in top consumer China.</p>\n<p>Both bulls and bears are keeping a close eye on China’s simultaneous goals to contain the inflationary pressures stemming from high commodity prices and to make its vast steel sector greener. The country’s steel output is still on track to smashanother recordthis year, which might prompt further actions from authorities to restrict production and whipsaw iron ore yet again.</p>\n<p><img src=\"https://static.tigerbbs.com/a6d580e34388bde0a0fb1107839fb589\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Agriculture</p>\n<p>Showers across the U.S. corn belt and uncertainty over biofuel policy have helped send crop markets tumbling lately, but much more rain will be needed to ensure bumper harvests in one of the world’s top suppliers. More than a third of America’s corn and soybean area is suffering fromdrought, afterrecord-breakingheatwaves.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e23a5f18610ffc4fb2d6982a70a67f4\" tg-width=\"1000\" tg-height=\"692\" referrerpolicy=\"no-referrer\"><span>Showers are set to span the U.S. Corn Belt on Saturday</span></p>\n<p>It’s a China story on the demand side, with the nation’s huge imports sending crop and hog futures soaring in the past year. Major traders like Cargill Inc. and Viterra say crop markets are in a “mini-supercycle” that could last half a decade, driven by increased biofuel demand and continued Chinese buying.</p>\n<p>Oil</p>\n<p>Focus is already turning to how sharply demand will recover over the summer. While there are signs the U.S. is leading the way as western economies reopen, the spread of the delta variant of the coronavirus, first identified in India, is raising renewed concern about the path for consumption in parts of Asia.</p>\n<p>For now, it looks as though the market is going to need extra supply in the second half of the year. The OPEC+ group is yet to confirm plans for production beyond July, while U.S. shale producers continue to preach discipline as they’remaking moneyagain. All the more reason then, that the focus is so intense on when the market will see Iranian supply return astalks with the U.S.continue.</p>\n<p>Gold</p>\n<p>Bullion is more susceptible to Federal Reserve actions than perhaps any other commodity. It tumbled to the lowest since early May after the U.S. central bank signaledmonetary policy tighteningcould start earlier than expected and the dollar jumped.</p>\n<p><img src=\"https://static.tigerbbs.com/06544f6db5b2c483c4ee6c03141f9d21\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>Although the precious metal is often bought as a hedge against inflation, the Fed signaled this week that higher-than-expected inflation would not be allowed to persist, opening up the door for faster stimulus tapering. That weighs on the appeal of non-interest bearing gold. UBS Group AG forecasts prices at $1,600 an ounce by year-end, compared with about $1,780 now.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Commodities Bulls Nurse Their Wounds But Fight’s Not Over Yet</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\">\nCommodities Bulls Nurse Their Wounds But Fight’s Not Over Yet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.\nVast amounts of stimulus, economies ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103331073","content_text":"The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.\nVast amounts of stimulus, economies reopening from the pandemic and strong Chinese demand have driven a surge in raw-material prices this year, some to record highs. Yet they’ve slumped in the past two weeks -- with somewiping outgains for the year -- on a more hawkish U.S. monetary policy tone, China’s bid to cool inflation pressures and better weather for crops.\nWhile that’s blown away some of the speculative froth from the market, the big question is whether the latest commodities bull run has passed its peak or is just taking a breather.\nEither way, the direction may not be broad based, with each market having its own individual levers pushing and pulling. Copper traders need to balance a short-term cooling in China with long-termgreen-energy prospects. Oil’s dip could be limited by falling stockpiles and supply concerns, iron ore is being whipsawed by Chinese policies, while gold will largely be at the mercy of when Federal Reserve tapering starts.\n\n“I can still see a lot of inflationary pressures in the supply chain, and the reality is that it’s going up,” said Michael Widmer, head of metals research at Bank of America Merrill Lynch in London. “From a commodity-price perspective, I can see the structural argument still for prices to stay elevated or go higher going forward.”\nCopper\nTheyear-longrally to a record in May was sparked by surging Chinese demand, but there are signs orders from manufacturers are starting to wane.\nBulls are confident that the rest of the world will pick up the slack as renewable energy and electric-vehicle investment creates a step-change in demand in Europe and North America. Still, it could be a while before that spending makes its way to factory order books, and softer demand in the meantime could embolden bears who say current high prices aren’t justified by fundamentals.\nIron Ore\nIt might be particularly hard to predict the trajectory for iron ore, themost volatilecommodity right now. It surged to a record, collapsed into a bear market and then rebounded back into a bull market within a matter of weeks traders grappled with the murky outlook for demand in top consumer China.\nBoth bulls and bears are keeping a close eye on China’s simultaneous goals to contain the inflationary pressures stemming from high commodity prices and to make its vast steel sector greener. The country’s steel output is still on track to smashanother recordthis year, which might prompt further actions from authorities to restrict production and whipsaw iron ore yet again.\nAgriculture\nShowers across the U.S. corn belt and uncertainty over biofuel policy have helped send crop markets tumbling lately, but much more rain will be needed to ensure bumper harvests in one of the world’s top suppliers. More than a third of America’s corn and soybean area is suffering fromdrought, afterrecord-breakingheatwaves.\nShowers are set to span the U.S. Corn Belt on Saturday\nIt’s a China story on the demand side, with the nation’s huge imports sending crop and hog futures soaring in the past year. Major traders like Cargill Inc. and Viterra say crop markets are in a “mini-supercycle” that could last half a decade, driven by increased biofuel demand and continued Chinese buying.\nOil\nFocus is already turning to how sharply demand will recover over the summer. While there are signs the U.S. is leading the way as western economies reopen, the spread of the delta variant of the coronavirus, first identified in India, is raising renewed concern about the path for consumption in parts of Asia.\nFor now, it looks as though the market is going to need extra supply in the second half of the year. The OPEC+ group is yet to confirm plans for production beyond July, while U.S. shale producers continue to preach discipline as they’remaking moneyagain. All the more reason then, that the focus is so intense on when the market will see Iranian supply return astalks with the U.S.continue.\nGold\nBullion is more susceptible to Federal Reserve actions than perhaps any other commodity. It tumbled to the lowest since early May after the U.S. central bank signaledmonetary policy tighteningcould start earlier than expected and the dollar jumped.\n\nAlthough the precious metal is often bought as a hedge against inflation, the Fed signaled this week that higher-than-expected inflation would not be allowed to persist, opening up the door for faster stimulus tapering. That weighs on the appeal of non-interest bearing gold. UBS Group AG forecasts prices at $1,600 an ounce by year-end, compared with about $1,780 now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129697990,"gmtCreate":1624370464810,"gmtModify":1703834697155,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129697990","repostId":"1177499959","repostType":4,"repost":{"id":"1177499959","pubTimestamp":1624344919,"share":"https://ttm.financial/m/news/1177499959?lang=&edition=fundamental","pubTime":"2021-06-22 14:55","market":"us","language":"en","title":"Forget Everything You Know: Morgan Stanley Reveals The Only Metric That Determines What The Market Will Do Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1177499959","media":"zerohedge","summary":"Traders of a certain age may recall that back in 2013, around the time the Fed's \"Taper Tantrum\" spa","content":"<p>Traders of a certain age may recall that back in 2013, around the time the Fed's \"Taper Tantrum\" sparked a surge in yields and led to a risk asset selloff, a big (if entirely artificial) debate emerged within financial media, where the Fed muppets and their media puppets would argue that \"tapering is not tightening\" while anyone with half a brain realized knew that this was total BS.</p>\n<p>Fast forward to today when Morgan Stanley's Michael Wilson opens up an old wound for clueless Fed apologists, saying in his latest Weekly Warm Up note that \"Tapering<i><b>is</b></i>Tightening\"... but then adds that contrary to the market's shocked reaction to last week's Fed meeting, tightening actually began months ago.</p>\n<p>Elaborating on this point, Wilson - who several months ago turned into Wall Street's most bearish strategist (again)-&nbsp; writes this morning that while the Fed's pivot to \"begin\" the tightening discussion caught most by surprise, in reality markets began discounting this inevitable process months ago as price action had indicated. It's exactly this discounting of the coming tightening, that is what Michael Wilson's mid-cycle transition is all about, and as the strategist adds, \"<b>fits nicely with our narrative for choppier equity markets and a 10-20% correction for the broader indices this year.\"</b></p>\n<p>Or to paraphrase Lester Burnham,<b>\"it's all downhill from here\"...</b>and as Wilson predicts, that won't change until M2 growth is done decelerating; or in other words, until the Fed unleashes another liquidity burst into the system \"<b><i>the transition is incomplete.\"</i></b></p>\n<p>Highlights aside, Wilson then elaborates on each point, noting that while last week's Fed meeting brought more uncertainty to markets one thing is becoming more obvious:<b>\"we are on the other side of the mountain with respect to monetary accommodation for this cycle.</b>\"</p>\n<p>Furthermore, having repeatedlywarned that the US is now mid-cycle...</p>\n<p><img src=\"https://static.tigerbbs.com/d95f296e4d1300cd3c95485a2333d270\" tg-width=\"906\" tg-height=\"571\" referrerpolicy=\"no-referrer\">... Wilson then takes a victory lap writing that what the Fed is doing is \"classic mid cycle transition behavior so investors really shouldn't be too surprised that the Fed would try to begin the long process of tightening.\"</p>\n<blockquote>\n After all, the US economy is booming and expected to grow close to 10 percent this year in nominal terms, a feat last witnessed in 1984. Meanwhile, no matter what one's view is on inflation being transient or not, prices are up significantly and likely higher than what the Fed, or most others were expecting 6 months ago. In other words, the facts and data have changed; therefore, so should Fed policy.\n</blockquote>\n<p>Nevertheless, as discussed here extensively, markets reacted as if this was a complete shock with both bonds and stocks trading as if the Fed had hiked rates already (instead of leaving over $2TN in QE still on deck) after the Fed meeting. Starting with bonds, both nominal 10 year yields and breakevens fell significantly. However, breakevens fell more leaving 10 year real rates higher by almost 20 bps Wednesday afternoon.</p>\n<p>While real rates did settle back a bit on Thursday and Friday, they have formed what appears to be a very solid base from which they are likely to rise as the economy continues to recover and the Fed appropriately pivots. In Wilson's view, \"<b>this looks very similar to 2013, the year after Peak Fed. Back then, Peak Fed was QE3 which was announced on September 12, 2012. This time Peak Fed was the announcement of Average Inflation Targeting last summer.\"</b></p>\n<p><img src=\"https://static.tigerbbs.com/670f9e23e34953726583276c32a7b3f9\" tg-width=\"843\" tg-height=\"445\"></p>\n<p>That said, there is one notable difference between the taper tantrum and today: in 2013 \"tapering\" QE was a novel concept to markets and it came more abruptly with Bernanke's surprise mention during his congressional testimony on May 22, 2013.<b>This time, the markets understand what tapering is and see its arrival as inevitable as the economy recovers.</b>Therefore, while the path higher for real rates is unlikely to be as dramatic as witnessed in 2013, it is still likely to be higher from here and that is a change that will affect all risk markets, including equities, in Morgan Stanley's view.</p>\n<p>Wilson makes one final observation from the chart above, which is how real rates moved substantially<b>before</b>Bernanke's testimony in May 2013, prompting Wilson to notes that \"<i>perhaps it wasn't as much of a surprise as believed, at least to markets. We think it's the same situation today.\"</i></p>\n<blockquote>\n In our view, the data has been so strong, it would be naive not to think the Fed wasn't moving closer to tapering over the past several months. In fact, the idea that the Fed hasn't been thinking and/or talking about it seems absurd. Surely the market understands this, making the events of the past week not so much of a surprise. It's all part of the mid cycle transition that has been ongoing for months and fits with the choppier price action and unstable market leadership we have been witnessing.\n</blockquote>\n<p>The underperformance of early cycle stocks is another classic signal the market \"gets it.\" Nevertheless, in talking with clients the past few days, this view is still out of consensus. Most haven't been ready for tighter monetary policy, nor did they think it's something they needed to worry about, until now.</p>\n<p>Wrapping up the Fed \"surprise\" part of his note, Wilson writes that contrary to the FOMC shock,<b>monetary tightening actually began months ago if one is looking at the right metric, which to the top Morgan Stanley equity strategist - who emerges as yet another closet Austrian - is</b><b><u>money supply growth</u></b><b>:</b></p>\n<blockquote>\n <i>In a world where all of the major developed market central banks are stuck at the zero bound, or lower,</i>\n <i><b>the primary metric that determines if monetary policy is getting more or less accommodative is Money Supply Growth.</b></i>\n</blockquote>\n<p>Realizing that to most Keynesian this will be a controversial statement to say the least, Wilson digs in and says that \"it's absolutely the case and financial markets seem to agree.\"&nbsp; He explains:</p>\n<blockquote>\n <i>When money supply is accelerating, the more speculative / riskier assets tend to outperform and when it's decelerating these assets have more trouble. As noted here several times over the past few months, the Fed's balance sheet (M1) growth peaked in mid February and that coincided with a top in many of the most expensive/speculative stocks in the equity market just like the acceleration in the Fed's balance sheet in the prior 12 months contributed to their spectacular performance. Interestingly, the recently flattening out of the growth in M1 has coincided with more stability in these stocks, although they remain well below prior highs (Exhibit 2).</i>\n</blockquote>\n<p>And visually:</p>\n<p><img src=\"https://static.tigerbbs.com/392b34be32740b00458d59adb2bb80a6\" tg-width=\"852\" tg-height=\"486\"></p>\n<p>But wait there's more, and also an explanation why the Fed has made it virtually impossible to track the weekly change in M2 (the aggregate is now updated only monthly).</p>\n<p>Taking Wilson's argument a step further,<b>M2 growth might be even more important to monitor than M1 because that's the net liquidity available to the economy</b><b><i>and</i></b><b>markets.</b>On that front, the deceleration also began at the end of February<b>but has not yet flattened out and appears to have much further to fall to a&nbsp; more \"normal\" level of annual growth</b>— i.e., 7-8%</p>\n<p><img src=\"https://static.tigerbbs.com/dd5f46571e7e27f9c00fed0a2d310a3c\" tg-width=\"610\" tg-height=\"376\"></p>\n<p>More ominously, this also suggests<b>liquidity is likely to tighten further from here whether the Fed's begins tapering later this year or next.</b></p>\n<p>Finally, when we look at M2 data on a global basis, we get the same picture.</p>\n<p><img src=\"https://static.tigerbbs.com/c77fa806a6775bc562b18346590d26c9\" tg-width=\"613\" tg-height=\"376\"></p>\n<p>Wilson concludes that even ahead of last week's \"shock\" FOMC, the market had already started to de-rate lower into a mid-cycle transition as Fed balance sheet growth has materially slowed. Meanwhile, M2 is slowing just as rapidly and has further to fall, especially when the Fed begins to taper later this year or early next. Finally, global money supply growth is also slowing from elevated levels and every major region is contributing.</p>\n<p>This to Wilson<b>\"looks reminiscent of 2014 and 2018 when markets went through a rolling correction of risky assets\"</b>and he thinks 2021 will prove to be similar in that regard with the highest beta regions falling first (Kospi, China, Japan) and ending with the most defensive (US).</p>\n<p>Putting it all together, the MS strategist writes that \"tapering is tightening but the tightening process began with the rate of change in money supply growth. The good news is that<b>the market already knows it.</b>The bad news is that<b>a majority of investors seem to be just catching on with the Fed's \"surprise\" announcement this past week.</b>This means asset prices are far from done correcting as witnessed with the more cyclical, reflationary assets taking their turn the past few weeks.\"</p>\n<p>And while we completely agree with Wilson's newly discovered Austrian view of markets - funny how on a long enough timeline everyone turns Austrian - the real question is what will catalyze the next M2 boosting cycle, how high will it push stocks, and will the Fed be forced to come out and start buying equities this time after having nationalized the bond market back in 2020.</p>\n<p>We expect that the answer will be revealed after the next 20% drop at which point all of the Fed's hawkishness will evaporate, and Powell (or his replacement Kashkari) will shift to an uber dovish mode as they prepare to unleash the final and biggest asset bubble of all...</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget Everything You Know: Morgan Stanley Reveals The Only Metric That Determines What The Market Will Do Next</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\">\nForget Everything You Know: Morgan Stanley Reveals The Only Metric That Determines What The Market Will Do Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 14:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/forget-everything-you-know-morgan-stanley-reveals-only-metric-determines-what-market-will><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Traders of a certain age may recall that back in 2013, around the time the Fed's \"Taper Tantrum\" sparked a surge in yields and led to a risk asset selloff, a big (if entirely artificial) debate ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/forget-everything-you-know-morgan-stanley-reveals-only-metric-determines-what-market-will\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/forget-everything-you-know-morgan-stanley-reveals-only-metric-determines-what-market-will","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177499959","content_text":"Traders of a certain age may recall that back in 2013, around the time the Fed's \"Taper Tantrum\" sparked a surge in yields and led to a risk asset selloff, a big (if entirely artificial) debate emerged within financial media, where the Fed muppets and their media puppets would argue that \"tapering is not tightening\" while anyone with half a brain realized knew that this was total BS.\nFast forward to today when Morgan Stanley's Michael Wilson opens up an old wound for clueless Fed apologists, saying in his latest Weekly Warm Up note that \"TaperingisTightening\"... but then adds that contrary to the market's shocked reaction to last week's Fed meeting, tightening actually began months ago.\nElaborating on this point, Wilson - who several months ago turned into Wall Street's most bearish strategist (again)-  writes this morning that while the Fed's pivot to \"begin\" the tightening discussion caught most by surprise, in reality markets began discounting this inevitable process months ago as price action had indicated. It's exactly this discounting of the coming tightening, that is what Michael Wilson's mid-cycle transition is all about, and as the strategist adds, \"fits nicely with our narrative for choppier equity markets and a 10-20% correction for the broader indices this year.\"\nOr to paraphrase Lester Burnham,\"it's all downhill from here\"...and as Wilson predicts, that won't change until M2 growth is done decelerating; or in other words, until the Fed unleashes another liquidity burst into the system \"the transition is incomplete.\"\nHighlights aside, Wilson then elaborates on each point, noting that while last week's Fed meeting brought more uncertainty to markets one thing is becoming more obvious:\"we are on the other side of the mountain with respect to monetary accommodation for this cycle.\"\nFurthermore, having repeatedlywarned that the US is now mid-cycle...\n... Wilson then takes a victory lap writing that what the Fed is doing is \"classic mid cycle transition behavior so investors really shouldn't be too surprised that the Fed would try to begin the long process of tightening.\"\n\n After all, the US economy is booming and expected to grow close to 10 percent this year in nominal terms, a feat last witnessed in 1984. Meanwhile, no matter what one's view is on inflation being transient or not, prices are up significantly and likely higher than what the Fed, or most others were expecting 6 months ago. In other words, the facts and data have changed; therefore, so should Fed policy.\n\nNevertheless, as discussed here extensively, markets reacted as if this was a complete shock with both bonds and stocks trading as if the Fed had hiked rates already (instead of leaving over $2TN in QE still on deck) after the Fed meeting. Starting with bonds, both nominal 10 year yields and breakevens fell significantly. However, breakevens fell more leaving 10 year real rates higher by almost 20 bps Wednesday afternoon.\nWhile real rates did settle back a bit on Thursday and Friday, they have formed what appears to be a very solid base from which they are likely to rise as the economy continues to recover and the Fed appropriately pivots. In Wilson's view, \"this looks very similar to 2013, the year after Peak Fed. Back then, Peak Fed was QE3 which was announced on September 12, 2012. This time Peak Fed was the announcement of Average Inflation Targeting last summer.\"\n\nThat said, there is one notable difference between the taper tantrum and today: in 2013 \"tapering\" QE was a novel concept to markets and it came more abruptly with Bernanke's surprise mention during his congressional testimony on May 22, 2013.This time, the markets understand what tapering is and see its arrival as inevitable as the economy recovers.Therefore, while the path higher for real rates is unlikely to be as dramatic as witnessed in 2013, it is still likely to be higher from here and that is a change that will affect all risk markets, including equities, in Morgan Stanley's view.\nWilson makes one final observation from the chart above, which is how real rates moved substantiallybeforeBernanke's testimony in May 2013, prompting Wilson to notes that \"perhaps it wasn't as much of a surprise as believed, at least to markets. We think it's the same situation today.\"\n\n In our view, the data has been so strong, it would be naive not to think the Fed wasn't moving closer to tapering over the past several months. In fact, the idea that the Fed hasn't been thinking and/or talking about it seems absurd. Surely the market understands this, making the events of the past week not so much of a surprise. It's all part of the mid cycle transition that has been ongoing for months and fits with the choppier price action and unstable market leadership we have been witnessing.\n\nThe underperformance of early cycle stocks is another classic signal the market \"gets it.\" Nevertheless, in talking with clients the past few days, this view is still out of consensus. Most haven't been ready for tighter monetary policy, nor did they think it's something they needed to worry about, until now.\nWrapping up the Fed \"surprise\" part of his note, Wilson writes that contrary to the FOMC shock,monetary tightening actually began months ago if one is looking at the right metric, which to the top Morgan Stanley equity strategist - who emerges as yet another closet Austrian - ismoney supply growth:\n\nIn a world where all of the major developed market central banks are stuck at the zero bound, or lower,\nthe primary metric that determines if monetary policy is getting more or less accommodative is Money Supply Growth.\n\nRealizing that to most Keynesian this will be a controversial statement to say the least, Wilson digs in and says that \"it's absolutely the case and financial markets seem to agree.\"  He explains:\n\nWhen money supply is accelerating, the more speculative / riskier assets tend to outperform and when it's decelerating these assets have more trouble. As noted here several times over the past few months, the Fed's balance sheet (M1) growth peaked in mid February and that coincided with a top in many of the most expensive/speculative stocks in the equity market just like the acceleration in the Fed's balance sheet in the prior 12 months contributed to their spectacular performance. Interestingly, the recently flattening out of the growth in M1 has coincided with more stability in these stocks, although they remain well below prior highs (Exhibit 2).\n\nAnd visually:\n\nBut wait there's more, and also an explanation why the Fed has made it virtually impossible to track the weekly change in M2 (the aggregate is now updated only monthly).\nTaking Wilson's argument a step further,M2 growth might be even more important to monitor than M1 because that's the net liquidity available to the economyandmarkets.On that front, the deceleration also began at the end of Februarybut has not yet flattened out and appears to have much further to fall to a  more \"normal\" level of annual growth— i.e., 7-8%\n\nMore ominously, this also suggestsliquidity is likely to tighten further from here whether the Fed's begins tapering later this year or next.\nFinally, when we look at M2 data on a global basis, we get the same picture.\n\nWilson concludes that even ahead of last week's \"shock\" FOMC, the market had already started to de-rate lower into a mid-cycle transition as Fed balance sheet growth has materially slowed. Meanwhile, M2 is slowing just as rapidly and has further to fall, especially when the Fed begins to taper later this year or early next. Finally, global money supply growth is also slowing from elevated levels and every major region is contributing.\nThis to Wilson\"looks reminiscent of 2014 and 2018 when markets went through a rolling correction of risky assets\"and he thinks 2021 will prove to be similar in that regard with the highest beta regions falling first (Kospi, China, Japan) and ending with the most defensive (US).\nPutting it all together, the MS strategist writes that \"tapering is tightening but the tightening process began with the rate of change in money supply growth. The good news is thatthe market already knows it.The bad news is thata majority of investors seem to be just catching on with the Fed's \"surprise\" announcement this past week.This means asset prices are far from done correcting as witnessed with the more cyclical, reflationary assets taking their turn the past few weeks.\"\nAnd while we completely agree with Wilson's newly discovered Austrian view of markets - funny how on a long enough timeline everyone turns Austrian - the real question is what will catalyze the next M2 boosting cycle, how high will it push stocks, and will the Fed be forced to come out and start buying equities this time after having nationalized the bond market back in 2020.\nWe expect that the answer will be revealed after the next 20% drop at which point all of the Fed's hawkishness will evaporate, and Powell (or his replacement Kashkari) will shift to an uber dovish mode as they prepare to unleash the final and biggest asset bubble of all...","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129639795,"gmtCreate":1624370509217,"gmtModify":1703834701071,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129639795","repostId":"1187133273","repostType":4,"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129639937,"gmtCreate":1624370496529,"gmtModify":1703834699934,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129639937","repostId":"1187133273","repostType":4,"repost":{"id":"1187133273","pubTimestamp":1624368780,"share":"https://ttm.financial/m/news/1187133273?lang=&edition=fundamental","pubTime":"2021-06-22 21:33","market":"us","language":"en","title":"FuboTV stock climbs after announcing Russell 3000 inclusion","url":"https://stock-news.laohu8.com/highlight/detail?id=1187133273","media":"seekingalpha","summary":"FuboTV is set to jointhe broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28.The new Russell 3000 additions were initially announced on June 4 but companies have trickled out their own press releases about the news.“We are pleased with the interest fuboTV has received from the investor community in such a short period following our listing on the New York Stock Exchange last October,” says David Gan","content":"<p>FuboTV&nbsp;is set to jointhe broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28.</p>\n<p>The new Russell 3000 additions were initially announced on June 4 but companies have trickled out their own press releases about the news.</p>\n<p>“We are pleased with the interest fuboTV has received from the investor community in such a short period following our listing on the New York Stock Exchange last October,” says David Gandler, co-founder and CEO, fuboTV. “The addition of fuboTV to the Russell 3000® Index is an important milestone for the company as we stay laser-focused on defining a new category of interactive television while delivering significant shareholder value.”</p>\n<p>FUBO shares are&nbsp;up 5.5%&nbsp;in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/48a69560a6f6cf5110a04b282d936255\" tg-width=\"658\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FuboTV stock climbs after announcing Russell 3000 inclusion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFuboTV stock climbs after announcing Russell 3000 inclusion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 21:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3708659-fubotv-stock-climbs-after-announcing-russell-3000-inclusion><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FuboTV is set to jointhe broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28.\nThe new Russell 3000 ...</p>\n\n<a href=\"https://seekingalpha.com/news/3708659-fubotv-stock-climbs-after-announcing-russell-3000-inclusion\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FUBO":"fuboTV Inc."},"source_url":"https://seekingalpha.com/news/3708659-fubotv-stock-climbs-after-announcing-russell-3000-inclusion","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1187133273","content_text":"FuboTV is set to jointhe broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28.\nThe new Russell 3000 additions were initially announced on June 4 but companies have trickled out their own press releases about the news.\n“We are pleased with the interest fuboTV has received from the investor community in such a short period following our listing on the New York Stock Exchange last October,” says David Gandler, co-founder and CEO, fuboTV. “The addition of fuboTV to the Russell 3000® Index is an important milestone for the company as we stay laser-focused on defining a new category of interactive television while delivering significant shareholder value.”\nFUBO shares are up 5.5% in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164237507,"gmtCreate":1624206338709,"gmtModify":1703830653436,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Walao","listText":"Walao","text":"Walao","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164237507","repostId":"1141597711","repostType":4,"repost":{"id":"1141597711","pubTimestamp":1624029257,"share":"https://ttm.financial/m/news/1141597711?lang=&edition=fundamental","pubTime":"2021-06-18 23:14","market":"us","language":"en","title":"GEO Stock: Shares of Recent Reddit Play GEO Group Surge on CEO Buy-In","url":"https://stock-news.laohu8.com/highlight/detail?id=1141597711","media":"investorplace","summary":"GEO Group(NYSE:GEO) is heading higher on Friday following news that the company’s CEO acquired share","content":"<p><b>GEO Group</b>(NYSE:<b><u>GEO</u></b>) is heading higher on Friday following news that the company’s CEO acquired shares of the stock.</p>\n<p>According to a recent filing with the U.S. Securities and Exchange Commission (SEC), chairman and CEO George Zoley picked up an additional166,644 shares of GEO stock. The shares were purchase for prices ranging from $6.685 to $6.80 for an average paid price of $6.75 per share.</p>\n<p>News of the company’s CEO picking shares of GEO stock will likely excite investors betting on the company to rise higher. See, GEO has beentargeted by Redditas one of its new favorite stocks to invest in.</p>\n<p>With Reddit investing in GEO, that means shares of the company’s stock are experiencing a short-squeeze. This has investors buying and holding shares to force out hedge funds. The CEO buying more shares will likely be seen as a positive by Reddit traders.</p>\n<p>GEO Group is a company that offers rehabilitation services to prisons around the world. That includes offerings for bringing criminals back into society once their time has been served. It’s been in business since 1984 but didn’t change to its current name until 2003. You can learn more about the companyat this link.</p>\n<p>GEO stock was up 7.9% as of Friday morning.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GEO Stock: Shares of Recent Reddit Play GEO Group Surge on CEO Buy-In</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\">\nGEO Stock: Shares of Recent Reddit Play GEO Group Surge on CEO Buy-In\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/geo-stock-shares-of-recent-reddit-play-geo-group-surge-on-ceo-buy-in/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GEO Group(NYSE:GEO) is heading higher on Friday following news that the company’s CEO acquired shares of the stock.\nAccording to a recent filing with the U.S. Securities and Exchange Commission (SEC),...</p>\n\n<a href=\"https://investorplace.com/2021/06/geo-stock-shares-of-recent-reddit-play-geo-group-surge-on-ceo-buy-in/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GEO":"GEO惩教集团"},"source_url":"https://investorplace.com/2021/06/geo-stock-shares-of-recent-reddit-play-geo-group-surge-on-ceo-buy-in/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141597711","content_text":"GEO Group(NYSE:GEO) is heading higher on Friday following news that the company’s CEO acquired shares of the stock.\nAccording to a recent filing with the U.S. Securities and Exchange Commission (SEC), chairman and CEO George Zoley picked up an additional166,644 shares of GEO stock. The shares were purchase for prices ranging from $6.685 to $6.80 for an average paid price of $6.75 per share.\nNews of the company’s CEO picking shares of GEO stock will likely excite investors betting on the company to rise higher. See, GEO has beentargeted by Redditas one of its new favorite stocks to invest in.\nWith Reddit investing in GEO, that means shares of the company’s stock are experiencing a short-squeeze. This has investors buying and holding shares to force out hedge funds. The CEO buying more shares will likely be seen as a positive by Reddit traders.\nGEO Group is a company that offers rehabilitation services to prisons around the world. That includes offerings for bringing criminals back into society once their time has been served. It’s been in business since 1984 but didn’t change to its current name until 2003. You can learn more about the companyat this link.\nGEO stock was up 7.9% as of Friday morning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164233726,"gmtCreate":1624205761665,"gmtModify":1703830645266,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164233726","repostId":"2144773750","repostType":4,"repost":{"id":"2144773750","pubTimestamp":1624014000,"share":"https://ttm.financial/m/news/2144773750?lang=&edition=fundamental","pubTime":"2021-06-18 19:00","market":"us","language":"en","title":"This Under-the-Radar Payments Company Could Be a Great Investment","url":"https://stock-news.laohu8.com/highlight/detail?id=2144773750","media":"Motley Fool","summary":"While many investors chase new, highflying entrants to the financial services sector, this 46-year-old SaaS payments company might represent excellent value.","content":"<p>The financial sector is constantly evolving -- especially the payments industry, which is home to countless new companies that are trying to change the way consumers trade with merchants. But some of the most important innovations haven't come from young, exciting companies.</p>\n<p>Founded in 1975, <b>ACI Worldwide</b> (NASDAQ:ACIW) is responsible for processing over $14 trillion worth of daily transactions and does business with 19 of the world's 20 largest banks. Aside from becoming the target of an activist investor in 2020, this company is rarely a hot topic in investment circles. It hosts a modest valuation compared to some of the smaller disruptors in the sector yet has delivered solid growth recently, and is projected to continue doing so. It's definitely worth considering for your portfolio.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a2cdff04063f294d2a2063a870dbd1b\" tg-width=\"700\" tg-height=\"466\"><span>Image Source: Getty Images</span></p>\n<h2>A variety of solutions</h2>\n<p>ACI Worldwide is ambitious. It strives to be a software-driven, <a href=\"https://laohu8.com/S/AONE\">one</a>-stop payments provider for businesses of all kinds. It doesn't just process transactions; it also offers billing solutions to assist businesses with customer interactions -- and even a digital debt-collections service!</p>\n<p>It reports revenue and EBITDA in three different parts to offer clarity on the best-performing areas of its business:</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Segment</p></th>\n   <th><p>Q1 2021 Revenue (millions)</p></th>\n   <th><p>Q1 2021 EBITDA (millions)</p></th>\n   <th><p>Q1 2021 EBITDA Margin</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Banks</p></td>\n   <td><p>$95.9</p></td>\n   <td><p>$37.2</p></td>\n   <td><p>38.7%</p></td>\n  </tr>\n  <tr>\n   <td><p>Merchants</p></td>\n   <td><p>$38.7</p></td>\n   <td><p>$14.7</p></td>\n   <td><p>37.9%</p></td>\n  </tr>\n  <tr>\n   <td><p>Billers</p></td>\n   <td><p>$150.6</p></td>\n   <td><p>$34.0</p></td>\n   <td><p>22.5%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>DATA SOURCE: COMPANY FILINGS</p>\n<p>The billers segment makes up more than half of the company's revenue, but is the least profitable with the smallest EBITDA margin. Billers are typically companies that draw regular payments from customers, like a phone or utilities provider. The biggest margins come from banks, who use ACI's white-label software to run online portals and internet banking for customers. This is particularly distinctive, because most other payments companies are focused on <i>changing</i> banking and finance, not necessarily <i>serving</i> traditional banks.</p>\n<p>The company also provides merchant services, helping physical businesses build their presence online, and offers in-store payment solutions.</p>\n<p>Ultimately, ACI is helping to digitize merchants, providing them with the opportunity to harness omnichannel strategies. From in-store payments to online payments, businesses rely on ACI's software solutions, and with features like integrated machine learning-based fraud protection, they can operate with confidence.</p>\n<p>ACI runs under a software as a service (SaaS) business model, which means most of its revenue is recurring (subscription-based). The majority of its services are delivered in the cloud, making them truly mobile, which is essential when facilitating global transactions.</p>\n<p>As recently as the first-quarter 2021 earnings release, ACI flagged its search for potential acquisitions in an attempt to further supplement its current product offerings and also expand them. Acquisitions aren't new for this company. In 2019, it purchased Speedpay from <b>Western Union</b>, which it has integrated into its existing billing platform. It also added Walletron in the same year, allowing for integrations with Apple Wallet and Google Pay, to give consumers more mobile payment options.</p>\n<h2>The rule of 40</h2>\n<p>Despite growing revenues, earnings per share (EPS) have been stagnant for the last few years. However, analysts expect full-year 2021 growth of 85% driven by the company's projected ''rule of 40'' milestone. ACI has chosen to measure its performance by this metric, as it is widely recognized by investors in the SaaS space.</p>\n<p>A company passes the rule of 40 test when its revenue growth rate and profit margin add up to 40% or more. It can be achieved in different ways: A revenue growth of 20% and a 20% earnings before interest, taxes, depreciation, and amortization (EBITDA) margin is the benchmark; but 40% revenue growth and a 0% EBITDA margin would also qualify.</p>\n<p>SaaS companies that maintain the rule of 40 typically attract higher earnings multiples in the market, indicating that investors favor them over their peers, which are growing the key metrics at a slower rate.</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Metric</p></th>\n   <th><p>2019</p></th>\n   <th><p>2020</p></th>\n   <th><p>Q1 2021</p></th>\n   <th><p>2021 Full-Year Estimate</p></th>\n   <th><p>2022 Full-Year Estimate</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Revenue (millions)</p></td>\n   <td><p>$1,258</p></td>\n   <td><p>$1,294</p></td>\n   <td><p>$285</p></td>\n   <td><p>$1,330</p></td>\n   <td><p>$1,400</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$0.57</p></td>\n   <td><p>$0.62</p></td>\n   <td><p>$0.15</p></td>\n   <td><p>$1.15</p></td>\n   <td><p>$1.28</p></td>\n  </tr>\n </tbody>\n</table>\n<p>DATA SOURCE: COMPANY FILINGS, YAHOO! FINANCE</p>\n<p>For the full-year 2020, ACI achieved a net adjusted EBITDA margin of 37% and revenue growth of 2.8%, so it was mere basis points away from achieving the rule of 40 milestone. It has projected it will reach it for the full year 2021; however, Q1 was a little sluggish, attributable to persistent COVID-related headwinds. It delivered an EBITDA margin of just 23%, and a revenue <i>contraction</i> of 2%. However, it's still early in the year, and ACI has guided for revenue to grow (sequentially) in Q2.</p>\n<p>Growth this year could be driven by the merchants segment. Although it's the smallest for the company, with businesses reopening after COVID lockdowns, there is an opportunity for ACI to capture new customers. As it's really profitable (almost as profitable as the banking segment), it could also be a big contributor to blended EBITDA margins.</p>\n<h2>A modest valuation</h2>\n<p>Financial services companies are typically given smaller valuations compared to companies in other sectors, like technology. With a $4.6 billion market cap, ACI Worldwide trades at just 3.5 times trailing 12-month revenue. But given its digital and technological focus, there is an opportunity for the company to prove itself to growth investors, and potentially attract a higher valuation by generating stronger operating performance..</p>\n<p>By comparison, payments giant <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings</b> trades at 14.3 times trailing 12-month revenue,&nbsp;although it is growing much more quickly. PayPal does operate an entirely different business model, but it has similar goals, which involve facilitating instant transacting worldwide.</p>\n<p>The rule of 40 could be the key to unlocking consistent earnings growth in the coming years as analysts are predicting. Revenue growth has been the main hurdle for ACI, and it will need to innovate to generate better results, whether organically or by acquisition. At Thursday's close, the stock was trading at pennies higher than where it opened the year, but that could change with improved results in the coming quarters.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Under-the-Radar Payments Company Could Be a Great Investment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Under-the-Radar Payments Company Could Be a Great Investment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/18/under-the-radar-payments-company-could-be-a-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The financial sector is constantly evolving -- especially the payments industry, which is home to countless new companies that are trying to change the way consumers trade with merchants. But some of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/under-the-radar-payments-company-could-be-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACIW":"ACI环球"},"source_url":"https://www.fool.com/investing/2021/06/18/under-the-radar-payments-company-could-be-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144773750","content_text":"The financial sector is constantly evolving -- especially the payments industry, which is home to countless new companies that are trying to change the way consumers trade with merchants. But some of the most important innovations haven't come from young, exciting companies.\nFounded in 1975, ACI Worldwide (NASDAQ:ACIW) is responsible for processing over $14 trillion worth of daily transactions and does business with 19 of the world's 20 largest banks. Aside from becoming the target of an activist investor in 2020, this company is rarely a hot topic in investment circles. It hosts a modest valuation compared to some of the smaller disruptors in the sector yet has delivered solid growth recently, and is projected to continue doing so. It's definitely worth considering for your portfolio.\nImage Source: Getty Images\nA variety of solutions\nACI Worldwide is ambitious. It strives to be a software-driven, one-stop payments provider for businesses of all kinds. It doesn't just process transactions; it also offers billing solutions to assist businesses with customer interactions -- and even a digital debt-collections service!\nIt reports revenue and EBITDA in three different parts to offer clarity on the best-performing areas of its business:\n\n\n\nSegment\nQ1 2021 Revenue (millions)\nQ1 2021 EBITDA (millions)\nQ1 2021 EBITDA Margin\n\n\n\n\nBanks\n$95.9\n$37.2\n38.7%\n\n\nMerchants\n$38.7\n$14.7\n37.9%\n\n\nBillers\n$150.6\n$34.0\n22.5%\n\n\n\nDATA SOURCE: COMPANY FILINGS\nThe billers segment makes up more than half of the company's revenue, but is the least profitable with the smallest EBITDA margin. Billers are typically companies that draw regular payments from customers, like a phone or utilities provider. The biggest margins come from banks, who use ACI's white-label software to run online portals and internet banking for customers. This is particularly distinctive, because most other payments companies are focused on changing banking and finance, not necessarily serving traditional banks.\nThe company also provides merchant services, helping physical businesses build their presence online, and offers in-store payment solutions.\nUltimately, ACI is helping to digitize merchants, providing them with the opportunity to harness omnichannel strategies. From in-store payments to online payments, businesses rely on ACI's software solutions, and with features like integrated machine learning-based fraud protection, they can operate with confidence.\nACI runs under a software as a service (SaaS) business model, which means most of its revenue is recurring (subscription-based). The majority of its services are delivered in the cloud, making them truly mobile, which is essential when facilitating global transactions.\nAs recently as the first-quarter 2021 earnings release, ACI flagged its search for potential acquisitions in an attempt to further supplement its current product offerings and also expand them. Acquisitions aren't new for this company. In 2019, it purchased Speedpay from Western Union, which it has integrated into its existing billing platform. It also added Walletron in the same year, allowing for integrations with Apple Wallet and Google Pay, to give consumers more mobile payment options.\nThe rule of 40\nDespite growing revenues, earnings per share (EPS) have been stagnant for the last few years. However, analysts expect full-year 2021 growth of 85% driven by the company's projected ''rule of 40'' milestone. ACI has chosen to measure its performance by this metric, as it is widely recognized by investors in the SaaS space.\nA company passes the rule of 40 test when its revenue growth rate and profit margin add up to 40% or more. It can be achieved in different ways: A revenue growth of 20% and a 20% earnings before interest, taxes, depreciation, and amortization (EBITDA) margin is the benchmark; but 40% revenue growth and a 0% EBITDA margin would also qualify.\nSaaS companies that maintain the rule of 40 typically attract higher earnings multiples in the market, indicating that investors favor them over their peers, which are growing the key metrics at a slower rate.\n\n\n\nMetric\n2019\n2020\nQ1 2021\n2021 Full-Year Estimate\n2022 Full-Year Estimate\n\n\n\n\nRevenue (millions)\n$1,258\n$1,294\n$285\n$1,330\n$1,400\n\n\nEarnings Per Share\n$0.57\n$0.62\n$0.15\n$1.15\n$1.28\n\n\n\nDATA SOURCE: COMPANY FILINGS, YAHOO! FINANCE\nFor the full-year 2020, ACI achieved a net adjusted EBITDA margin of 37% and revenue growth of 2.8%, so it was mere basis points away from achieving the rule of 40 milestone. It has projected it will reach it for the full year 2021; however, Q1 was a little sluggish, attributable to persistent COVID-related headwinds. It delivered an EBITDA margin of just 23%, and a revenue contraction of 2%. However, it's still early in the year, and ACI has guided for revenue to grow (sequentially) in Q2.\nGrowth this year could be driven by the merchants segment. Although it's the smallest for the company, with businesses reopening after COVID lockdowns, there is an opportunity for ACI to capture new customers. As it's really profitable (almost as profitable as the banking segment), it could also be a big contributor to blended EBITDA margins.\nA modest valuation\nFinancial services companies are typically given smaller valuations compared to companies in other sectors, like technology. With a $4.6 billion market cap, ACI Worldwide trades at just 3.5 times trailing 12-month revenue. But given its digital and technological focus, there is an opportunity for the company to prove itself to growth investors, and potentially attract a higher valuation by generating stronger operating performance..\nBy comparison, payments giant PayPal Holdings trades at 14.3 times trailing 12-month revenue, although it is growing much more quickly. PayPal does operate an entirely different business model, but it has similar goals, which involve facilitating instant transacting worldwide.\nThe rule of 40 could be the key to unlocking consistent earnings growth in the coming years as analysts are predicting. Revenue growth has been the main hurdle for ACI, and it will need to innovate to generate better results, whether organically or by acquisition. At Thursday's close, the stock was trading at pennies higher than where it opened the year, but that could change with improved results in the coming quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164299071,"gmtCreate":1624205248193,"gmtModify":1703830630408,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164299071","repostId":"1190435717","repostType":4,"repost":{"id":"1190435717","pubTimestamp":1624026313,"share":"https://ttm.financial/m/news/1190435717?lang=&edition=fundamental","pubTime":"2021-06-18 22:25","market":"us","language":"en","title":"General Electric Sets Date for 1-for-8 Reverse Stock Split as Aug. 2","url":"https://stock-news.laohu8.com/highlight/detail?id=1190435717","media":"thestreet","summary":"General Electric (GE) -Get Report said Friday it will proceed with its planned one-for-eight stock s","content":"<p>General Electric&nbsp;(<b>GE</b>) -Get Report&nbsp;said Friday it will proceed with its planned one-for-eight stock split on July 30, with shares trading on the adjusted basis as of August 2.</p>\n<p>GE unveiled the split plans in early May that it said would \"reduce the number of shares outstanding \"to a number more typical of companies with comparable market capitalization\". That followed a 2021 financial update that&nbsp;repeated industrial revenues will grow \"organically in the low-single-digit range\" while earnings should come in between 15 cents and 25 cents per share. Industrial free-cash flow, GE said, is forecast in the range of $2.5 billion to $4.5 billion.</p>\n<p>\"GE has divested a number of businesses over the last several years-including nearly all of GE Capital-without any corresponding adjustments to reduce our share count,\" Said CDO Carolina Dybeck. \"The reverse stock split will better align GE's number of shares outstanding with companies of our size and scope. It also marks another step in GE's transformation to be a more focused, simpler, stronger high-tech industrial company.\"</p>\n<p>General Electric shares were marked 1.5% lower in heavy early market volume Friday to change hands at $12.79 each, a move that trims the stock's year-to-date gain to around 19%.</p>\n<p>GE posted stronger-than-expected first quarter earnings of 3 cents per share in late April, as revenues jumped 16.6% to $17.1 billion, but held off on boosting its full-year profit forecast amid the ongoing hit to its aviation business from the global coronavirus pandemic.</p>\n<p>Last month, Citigroup analyst Andrew Kaplowitz pegged a $17 price target on GE, alongside a reinstated 'buy' rating, amid what he said was evidence of improvements across the whole of its business portfolio under CEO Larry' Culp's turnaround plans that could trigger \"material upside\" in GE shares.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>General Electric Sets Date for 1-for-8 Reverse Stock Split as Aug. 2</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGeneral Electric Sets Date for 1-for-8 Reverse Stock Split as Aug. 2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 22:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/general-electric-sets-1-for-8-reverse-stock-split-date-at-august-2><strong>thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Electric (GE) -Get Report said Friday it will proceed with its planned one-for-eight stock split on July 30, with shares trading on the adjusted basis as of August 2.\nGE unveiled the split ...</p>\n\n<a href=\"https://www.thestreet.com/investing/general-electric-sets-1-for-8-reverse-stock-split-date-at-august-2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GE":"GE航空航天"},"source_url":"https://www.thestreet.com/investing/general-electric-sets-1-for-8-reverse-stock-split-date-at-august-2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190435717","content_text":"General Electric (GE) -Get Report said Friday it will proceed with its planned one-for-eight stock split on July 30, with shares trading on the adjusted basis as of August 2.\nGE unveiled the split plans in early May that it said would \"reduce the number of shares outstanding \"to a number more typical of companies with comparable market capitalization\". That followed a 2021 financial update that repeated industrial revenues will grow \"organically in the low-single-digit range\" while earnings should come in between 15 cents and 25 cents per share. Industrial free-cash flow, GE said, is forecast in the range of $2.5 billion to $4.5 billion.\n\"GE has divested a number of businesses over the last several years-including nearly all of GE Capital-without any corresponding adjustments to reduce our share count,\" Said CDO Carolina Dybeck. \"The reverse stock split will better align GE's number of shares outstanding with companies of our size and scope. It also marks another step in GE's transformation to be a more focused, simpler, stronger high-tech industrial company.\"\nGeneral Electric shares were marked 1.5% lower in heavy early market volume Friday to change hands at $12.79 each, a move that trims the stock's year-to-date gain to around 19%.\nGE posted stronger-than-expected first quarter earnings of 3 cents per share in late April, as revenues jumped 16.6% to $17.1 billion, but held off on boosting its full-year profit forecast amid the ongoing hit to its aviation business from the global coronavirus pandemic.\nLast month, Citigroup analyst Andrew Kaplowitz pegged a $17 price target on GE, alongside a reinstated 'buy' rating, amid what he said was evidence of improvements across the whole of its business portfolio under CEO Larry' Culp's turnaround plans that could trigger \"material upside\" in GE shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164204003,"gmtCreate":1624205139502,"gmtModify":1703830626370,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164204003","repostId":"2144218770","repostType":4,"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164206744,"gmtCreate":1624205051988,"gmtModify":1703830624585,"author":{"id":"3584749451247331","authorId":"3584749451247331","name":"JIN1808","avatar":"https://static.tigerbbs.com/bc3441abbe0bfd240d5761ec4eefda44","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584749451247331","authorIdStr":"3584749451247331"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164206744","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}