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2022-04-28

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雲頂（GENTING）漲7仙至RM4.73，雲頂大馬（GENM）漲5仙至RM2.70。","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941468563","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934087363,"gmtCreate":1663161918652,"gmtModify":1676537216924,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9934087363","repostId":"1150060563","repostType":4,"repost":{"id":"1150060563","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1663159657,"share":"https://www.laohu8.com/m/news/1150060563?lang=&edition=full","pubTime":"2022-09-14 20:47","market":"us","language":"en","title":"Pre-Bell｜U.S. Stock Futures Waver After Steep Selloff; Nucor Fell 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1150060563","media":"Tiger Newspress","summary":"Wall Street futures are wavering after Wall Street suffered its worst day in more than two years.The producer price index, a gauge of prices received at the wholesale level, declined 0.1%, according t","content":"<html><head></head><body><p>Wall Street futures are wavering after Wall Street suffered its worst day in more than two years.</p><p>The producer price index, a gauge of prices received at the wholesale level, declined 0.1%, according to a Bureau of Labor Statistics report Wednesday. Excluding food, energy and trade services, core PPI increased 0.2%.</p><h2><b>Market Snapshot</b></h2><p>At 8:46 a.m. ET, Dow e-minis were up 52 points, or 0.17%, S&amp;P 500 e-minis were up 11 points, or 0.28%, and Nasdaq 100 e-minis were up 46.75 points, or 0.39%.</p><p><img src=\"https://static.tigerbbs.com/fa868522dbadd21049ebe6d29cc00e78\" tg-width=\"430\" tg-height=\"179\" width=\"100%\" height=\"auto\"/></p><h2><b>Pre-Market Movers</b></h2><p>Starbucks– Shares of Starbucks gained nearly 1% after the companyboosted its long-term forecast and said it expects double-digit growthfor revenue and earnings per share over the next three years.</p><p>Palo Alto Networks– Cybersecurity company Palo Alto Networks rose slightly following a three-for-one stock split, which took place on Tuesday. In addition,CEO Nikesh Arora told CNBCthat the company is not seeing the same macro impact slowdown on cybersecurity that other sectors are experiencing.</p><p>Nucor—Nucor fell 5% after the steel producer issued disappointing third-quarter earnings guidance. The company expects earnings per share to range between $6.30 and $6.40, well below a StreetAccount forecast of $7.56. “We expect the steel mills segment earnings to be considerably lower in the third quarter of 2022 as compared to the second quarter of 2022, due to metal margin contraction and reduced shipping volumes,” Nucor said.</p><p>Nikola— Nikola shares rose slightly after BTIG upgraded the EV maker to buy from neutral. BTIG noted that it sees “the potential for increasing demand for green hydrogen driven by increasing wind and solar power generation.”</p><p>SoFi Technologies— SoFi rose more than 2% after Bank of America upgraded the fintech stock to buy from neutral. “We see potential for a meaningful catalyst path over the next few quarters as SoFi benefits from the student loan payment moratorium ending and its high-profile NFL-aligned marketing investments drive user growth and engagement,” BofA said.</p><p>Moderna– Shares of Moderna rose 0.6% after the company’s CEO said itwould be open to supplying covid vaccines to China.</p><p>Bristol-Myers Squibb– Shares of Bristol-Myers Squibb slipped 0.7% afterBerenberg downgraded the company to hold from buy.The firm said the stock is running out of room to gain.</p><p>Merck &amp; Co– Shares of Merck rose 0.7% afterBerenberg upgraded it to buyfrom hold and boosted its price target, signaling it could climb another 17%.</p><p>Railroad stocks – Shares of railroad company stocks slumped Wednesday as the sector contends with a potential strike that could limit service.Union Pacificfell 1.9% whileCSX, Northern Southern Corp. also slipped ahead of market open.</p><h2><b>Market News</b></h2><p><b>Biden to Announce Approval of $900 Million in U.S. EV Charging Funding</b></p><p>President Joe Biden on Wednesday will announce the approval of the first $900 million in U.S. funding to build EV charging stations in 35 states as part of a $1 trillion infrastructure law approved in November.</p><p>Congress approved nearly $5 billion over five years to give grants to states to build thousands of electric vehicle charging stations. At an appearance at the Detroit auto show, Biden will also announce that U.S. government purchases of EVs have risen dramatically.</p><p><b>Johnson &amp; Johnson Announces $5 Billion Share Repurchase Program</b></p><p>Johnson &amp; Johnson (NYSE: JNJ) today announced that the Board of Directors has authorized the repurchase of up to $5 billion of the company&#39;s common stock.</p><p>“The last few years have demonstrated the resilience of Johnson &amp; Johnson. With continued confidence in our business and pipeline, the Board of Directors and management team believe that Company shares are an attractive investment opportunity,” said Joaquin Duato, Chief Executive Officer. “With our strong cash flow and lowest level of net debt in five years, we have the ability to invest in innovation, grow our dividend, execute strategic acquisitions, and take this action to deliver shareholder returns and drive long-term growth.”</p><p><b>Google Loses Most of Appeal of EU Android Decision</b></p><p>AlphabetInc.’s Google lost most of its appeal to overturn a $4.33 billion antitrust decision imposed by the European Union for allegedly using its Android operating system to squash competition—but got a roughly $215 million reduction in the fine.</p><p>The ruling on Wednesday is a vote of confidence for the European Commission, the bloc’s antitrust enforcer, which has been aggressive in targeting big U.S. tech companies over concerns about anticompetitive behavior. The Android case was the biggest of three antitrust fines totaling more than $8 billion that the Commission has levied against Google since 2017—and it focused on mobile phones, one of the company’s fastest growth areas.</p><p><b>SoftBank Considers Launching a Third Vision Fund</b></p><p>Global tech investor SoftBank Group Corp. is considering the launch of a new giant startup investment fund, part of a plan to turn a new leafafter the poor performance at its two earlier funds, according to people familiar with discussions at the company.</p><p>The Tokyo-based tech conglomerate, by far the world’s largest startup investor in recent years, would likely use its own cash for what would be the third SoftBank Vision Fund if it moves ahead with the plan, some of the people said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜U.S. Stock Futures Waver After Steep Selloff; Nucor Fell 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Stock Futures Waver After Steep Selloff; Nucor Fell 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-14 20:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street futures are wavering after Wall Street suffered its worst day in more than two years.</p><p>The producer price index, a gauge of prices received at the wholesale level, declined 0.1%, according to a Bureau of Labor Statistics report Wednesday. Excluding food, energy and trade services, core PPI increased 0.2%.</p><h2><b>Market Snapshot</b></h2><p>At 8:46 a.m. ET, Dow e-minis were up 52 points, or 0.17%, S&amp;P 500 e-minis were up 11 points, or 0.28%, and Nasdaq 100 e-minis were up 46.75 points, or 0.39%.</p><p><img src=\"https://static.tigerbbs.com/fa868522dbadd21049ebe6d29cc00e78\" tg-width=\"430\" tg-height=\"179\" width=\"100%\" height=\"auto\"/></p><h2><b>Pre-Market Movers</b></h2><p>Starbucks– Shares of Starbucks gained nearly 1% after the companyboosted its long-term forecast and said it expects double-digit growthfor revenue and earnings per share over the next three years.</p><p>Palo Alto Networks– Cybersecurity company Palo Alto Networks rose slightly following a three-for-one stock split, which took place on Tuesday. In addition,CEO Nikesh Arora told CNBCthat the company is not seeing the same macro impact slowdown on cybersecurity that other sectors are experiencing.</p><p>Nucor—Nucor fell 5% after the steel producer issued disappointing third-quarter earnings guidance. The company expects earnings per share to range between $6.30 and $6.40, well below a StreetAccount forecast of $7.56. “We expect the steel mills segment earnings to be considerably lower in the third quarter of 2022 as compared to the second quarter of 2022, due to metal margin contraction and reduced shipping volumes,” Nucor said.</p><p>Nikola— Nikola shares rose slightly after BTIG upgraded the EV maker to buy from neutral. BTIG noted that it sees “the potential for increasing demand for green hydrogen driven by increasing wind and solar power generation.”</p><p>SoFi Technologies— SoFi rose more than 2% after Bank of America upgraded the fintech stock to buy from neutral. “We see potential for a meaningful catalyst path over the next few quarters as SoFi benefits from the student loan payment moratorium ending and its high-profile NFL-aligned marketing investments drive user growth and engagement,” BofA said.</p><p>Moderna– Shares of Moderna rose 0.6% after the company’s CEO said itwould be open to supplying covid vaccines to China.</p><p>Bristol-Myers Squibb– Shares of Bristol-Myers Squibb slipped 0.7% afterBerenberg downgraded the company to hold from buy.The firm said the stock is running out of room to gain.</p><p>Merck &amp; Co– Shares of Merck rose 0.7% afterBerenberg upgraded it to buyfrom hold and boosted its price target, signaling it could climb another 17%.</p><p>Railroad stocks – Shares of railroad company stocks slumped Wednesday as the sector contends with a potential strike that could limit service.Union Pacificfell 1.9% whileCSX, Northern Southern Corp. also slipped ahead of market open.</p><h2><b>Market News</b></h2><p><b>Biden to Announce Approval of $900 Million in U.S. EV Charging Funding</b></p><p>President Joe Biden on Wednesday will announce the approval of the first $900 million in U.S. funding to build EV charging stations in 35 states as part of a $1 trillion infrastructure law approved in November.</p><p>Congress approved nearly $5 billion over five years to give grants to states to build thousands of electric vehicle charging stations. At an appearance at the Detroit auto show, Biden will also announce that U.S. government purchases of EVs have risen dramatically.</p><p><b>Johnson &amp; Johnson Announces $5 Billion Share Repurchase Program</b></p><p>Johnson &amp; Johnson (NYSE: JNJ) today announced that the Board of Directors has authorized the repurchase of up to $5 billion of the company&#39;s common stock.</p><p>“The last few years have demonstrated the resilience of Johnson &amp; Johnson. With continued confidence in our business and pipeline, the Board of Directors and management team believe that Company shares are an attractive investment opportunity,” said Joaquin Duato, Chief Executive Officer. “With our strong cash flow and lowest level of net debt in five years, we have the ability to invest in innovation, grow our dividend, execute strategic acquisitions, and take this action to deliver shareholder returns and drive long-term growth.”</p><p><b>Google Loses Most of Appeal of EU Android Decision</b></p><p>AlphabetInc.’s Google lost most of its appeal to overturn a $4.33 billion antitrust decision imposed by the European Union for allegedly using its Android operating system to squash competition—but got a roughly $215 million reduction in the fine.</p><p>The ruling on Wednesday is a vote of confidence for the European Commission, the bloc’s antitrust enforcer, which has been aggressive in targeting big U.S. tech companies over concerns about anticompetitive behavior. The Android case was the biggest of three antitrust fines totaling more than $8 billion that the Commission has levied against Google since 2017—and it focused on mobile phones, one of the company’s fastest growth areas.</p><p><b>SoftBank Considers Launching a Third Vision Fund</b></p><p>Global tech investor SoftBank Group Corp. is considering the launch of a new giant startup investment fund, part of a plan to turn a new leafafter the poor performance at its two earlier funds, according to people familiar with discussions at the company.</p><p>The Tokyo-based tech conglomerate, by far the world’s largest startup investor in recent years, would likely use its own cash for what would be the third SoftBank Vision Fund if it moves ahead with the plan, some of the people said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150060563","content_text":"Wall Street futures are wavering after Wall Street suffered its worst day in more than two years.The producer price index, a gauge of prices received at the wholesale level, declined 0.1%, according to a Bureau of Labor Statistics report Wednesday. Excluding food, energy and trade services, core PPI increased 0.2%.Market SnapshotAt 8:46 a.m. ET, Dow e-minis were up 52 points, or 0.17%, S&P 500 e-minis were up 11 points, or 0.28%, and Nasdaq 100 e-minis were up 46.75 points, or 0.39%.Pre-Market MoversStarbucks– Shares of Starbucks gained nearly 1% after the companyboosted its long-term forecast and said it expects double-digit growthfor revenue and earnings per share over the next three years.Palo Alto Networks– Cybersecurity company Palo Alto Networks rose slightly following a three-for-one stock split, which took place on Tuesday. In addition,CEO Nikesh Arora told CNBCthat the company is not seeing the same macro impact slowdown on cybersecurity that other sectors are experiencing.Nucor—Nucor fell 5% after the steel producer issued disappointing third-quarter earnings guidance. The company expects earnings per share to range between $6.30 and $6.40, well below a StreetAccount forecast of $7.56. “We expect the steel mills segment earnings to be considerably lower in the third quarter of 2022 as compared to the second quarter of 2022, due to metal margin contraction and reduced shipping volumes,” Nucor said.Nikola— Nikola shares rose slightly after BTIG upgraded the EV maker to buy from neutral. BTIG noted that it sees “the potential for increasing demand for green hydrogen driven by increasing wind and solar power generation.”SoFi Technologies— SoFi rose more than 2% after Bank of America upgraded the fintech stock to buy from neutral. “We see potential for a meaningful catalyst path over the next few quarters as SoFi benefits from the student loan payment moratorium ending and its high-profile NFL-aligned marketing investments drive user growth and engagement,” BofA said.Moderna– Shares of Moderna rose 0.6% after the company’s CEO said itwould be open to supplying covid vaccines to China.Bristol-Myers Squibb– Shares of Bristol-Myers Squibb slipped 0.7% afterBerenberg downgraded the company to hold from buy.The firm said the stock is running out of room to gain.Merck & Co– Shares of Merck rose 0.7% afterBerenberg upgraded it to buyfrom hold and boosted its price target, signaling it could climb another 17%.Railroad stocks – Shares of railroad company stocks slumped Wednesday as the sector contends with a potential strike that could limit service.Union Pacificfell 1.9% whileCSX, Northern Southern Corp. also slipped ahead of market open.Market NewsBiden to Announce Approval of $900 Million in U.S. EV Charging FundingPresident Joe Biden on Wednesday will announce the approval of the first $900 million in U.S. funding to build EV charging stations in 35 states as part of a $1 trillion infrastructure law approved in November.Congress approved nearly $5 billion over five years to give grants to states to build thousands of electric vehicle charging stations. At an appearance at the Detroit auto show, Biden will also announce that U.S. government purchases of EVs have risen dramatically.Johnson & Johnson Announces $5 Billion Share Repurchase ProgramJohnson & Johnson (NYSE: JNJ) today announced that the Board of Directors has authorized the repurchase of up to $5 billion of the company's common stock.“The last few years have demonstrated the resilience of Johnson & Johnson. With continued confidence in our business and pipeline, the Board of Directors and management team believe that Company shares are an attractive investment opportunity,” said Joaquin Duato, Chief Executive Officer. “With our strong cash flow and lowest level of net debt in five years, we have the ability to invest in innovation, grow our dividend, execute strategic acquisitions, and take this action to deliver shareholder returns and drive long-term growth.”Google Loses Most of Appeal of EU Android DecisionAlphabetInc.’s Google lost most of its appeal to overturn a $4.33 billion antitrust decision imposed by the European Union for allegedly using its Android operating system to squash competition—but got a roughly $215 million reduction in the fine.The ruling on Wednesday is a vote of confidence for the European Commission, the bloc’s antitrust enforcer, which has been aggressive in targeting big U.S. tech companies over concerns about anticompetitive behavior. The Android case was the biggest of three antitrust fines totaling more than $8 billion that the Commission has levied against Google since 2017—and it focused on mobile phones, one of the company’s fastest growth areas.SoftBank Considers Launching a Third Vision FundGlobal tech investor SoftBank Group Corp. is considering the launch of a new giant startup investment fund, part of a plan to turn a new leafafter the poor performance at its two earlier funds, according to people familiar with discussions at the company.The Tokyo-based tech conglomerate, by far the world’s largest startup investor in recent years, would likely use its own cash for what would be the third SoftBank Vision Fund if it moves ahead with the plan, some of the people said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936463908,"gmtCreate":1662805546005,"gmtModify":1676537144241,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9936463908","repostId":"1135709598","repostType":4,"repost":{"id":"1135709598","pubTimestamp":1662767710,"share":"https://www.laohu8.com/m/news/1135709598?lang=&edition=full","pubTime":"2022-09-10 07:55","market":"sg","language":"en","title":"SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1135709598","media":"smart investor","summary":"Welcome to the latest edition of top stock highlights where we write on the latest business news and","content":"<html><head></head><body><p>Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.</p><h2><b>Singapore bank deposit rates</b></h2><p>Along with surging globalinterest rates, the trio of local banks has also jacked up its deposit rates to keep up.</p><p>Promotional interest rates on Singapore dollar (S$) fixed deposits have hit as high as 2.8% for a 24-month tenor.</p><p>At this level, the rate slightly surpasses the 2.6% one-year return for the latest Singapore Savings Bond.</p><p><b>United Overseas Bank Ltd</b>(SGX: U11), or UOB, is offering an attractive interest rate of 2.6% on its one-year S$ fixed deposit.</p><p>However, due to a large surge in customers, the bank has imposed a limit of five fixed deposit placements per customer.</p><p><b>OCBC Ltd</b>(SGX: O39) wasn’t far behind as it offered a 2.3% interest rate for the same product with a similar tenor.</p><p><b>DBS Group</b>(SGX: D05), Singapore’s largest bank, has, however, kept its highest rate at 1.3% but this could change as its peers up their deposit rates to attract more funds.</p><p>Although deposit rates are on the rise, investors should still feel confident that the lenders’ net interest margin will expand as new loans can be priced at much higher rates.</p><h2><b>Nio Inc (SGX: NIO)</b></h2><p>Nio is a Chinese electric vehicle manufacturer that produces smart electric vehicles and invests in innovative charging solutions with its headquarters and global R&amp;D centre located in Shanghai.</p><p>The company released its earnings and delivery update for the second quarter of 2022 (2Q2022).</p><p>Nio delivered 25,059 vehicles in 2Q2022, up 14.4% year on year, and was in line with the 25,768 delivered in 1Q2022.</p><p>For the first half of 2022 (1H2022), deliveries jumped 21.1% year on year from 41,956 to 50,827.</p><p>Total revenue increased by 21.8% year on year to RMB 10.3 billion for the quarter.</p><p>Gross margin, however, dipped from 18.6% in 2Q2021 to 13% due to an increase in delivery volume and higher material costs per vehicle.</p><p>Operating loss more than tripled year on year to RMB 2.8 billion as expenses such as research and development and selling costs surged higher.</p><p>Net loss ballooned from RMB 587.2 million a year ago to RMB 2.7 billion.</p><p>As of 30 June 2022, the electric car manufacturer had RMB 24.5 billion of cash along with RMB 30.5 billion of short and long-term investments.</p><p>Its total debt stood at RMB 20.3 billion, giving the company a net cash position of RMB 34.7 billion.</p><p>For 3Q2022, Nio expects to deliver between 31,000 and 33,000 vehicles, which would represent a 26.8% to 35% year on year increase.</p></body></html>","source":"lsy1602567310727","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>SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings</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{ 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#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\">\nSGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-10 07:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/><strong>smart investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.Singapore bank deposit ratesAlong with surging globalinterest rates, the trio of local ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股","O39.SI":"华侨银行","NIO.SI":"蔚来","U11.SI":"大华银行","STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135709598","content_text":"Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.Singapore bank deposit ratesAlong with surging globalinterest rates, the trio of local banks has also jacked up its deposit rates to keep up.Promotional interest rates on Singapore dollar (S$) fixed deposits have hit as high as 2.8% for a 24-month tenor.At this level, the rate slightly surpasses the 2.6% one-year return for the latest Singapore Savings Bond.United Overseas Bank Ltd(SGX: U11), or UOB, is offering an attractive interest rate of 2.6% on its one-year S$ fixed deposit.However, due to a large surge in customers, the bank has imposed a limit of five fixed deposit placements per customer.OCBC Ltd(SGX: O39) wasn’t far behind as it offered a 2.3% interest rate for the same product with a similar tenor.DBS Group(SGX: D05), Singapore’s largest bank, has, however, kept its highest rate at 1.3% but this could change as its peers up their deposit rates to attract more funds.Although deposit rates are on the rise, investors should still feel confident that the lenders’ net interest margin will expand as new loans can be priced at much higher rates.Nio Inc (SGX: NIO)Nio is a Chinese electric vehicle manufacturer that produces smart electric vehicles and invests in innovative charging solutions with its headquarters and global R&D centre located in Shanghai.The company released its earnings and delivery update for the second quarter of 2022 (2Q2022).Nio delivered 25,059 vehicles in 2Q2022, up 14.4% year on year, and was in line with the 25,768 delivered in 1Q2022.For the first half of 2022 (1H2022), deliveries jumped 21.1% year on year from 41,956 to 50,827.Total revenue increased by 21.8% year on year to RMB 10.3 billion for the quarter.Gross margin, however, dipped from 18.6% in 2Q2021 to 13% due to an increase in delivery volume and higher material costs per vehicle.Operating loss more than tripled year on year to RMB 2.8 billion as expenses such as research and development and selling costs surged higher.Net loss ballooned from RMB 587.2 million a year ago to RMB 2.7 billion.As of 30 June 2022, the electric car manufacturer had RMB 24.5 billion of cash along with RMB 30.5 billion of short and long-term investments.Its total debt stood at RMB 20.3 billion, giving the company a net cash position of RMB 34.7 billion.For 3Q2022, Nio expects to deliver between 31,000 and 33,000 vehicles, which would represent a 26.8% to 35% year on year increase.","news_type":1},"isVote":1,"tweetType":1,"viewCount":722,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938190770,"gmtCreate":1662572587490,"gmtModify":1676537090564,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9938190770","repostId":"2265067759","repostType":4,"repost":{"id":"2265067759","pubTimestamp":1662564242,"share":"https://www.laohu8.com/m/news/2265067759?lang=&edition=full","pubTime":"2022-09-07 23:24","market":"us","language":"en","title":"Prediction: These 2 Growth Stocks Could Soar 500% by 2032","url":"https://stock-news.laohu8.com/highlight/detail?id=2265067759","media":"Motley Fool","summary":"These growth stocks dominate their respective industries, and that could translate into monster returns for shareholders.","content":"<html><head></head><body><p>The stock market has not been kind to investors this year. The <b>S&amp;P 500</b> had its worst first half since 1970, and the <b>Nasdaq Composite</b> is currently 28% off its high. But the market has recovered from worse in the past, and there is no reason to believe this situation is any different. Eventually, the next bull market will erase those losses.</p><p>In the meantime, many beaten-down stocks are brimming with potential, and that creates a buying opportunity for patient investors. For instance, <b>Roku</b> and <b><a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a></b> could both grow sixfold over the next decade, meaning shareholders could see a 500% return by 2032.</p><p>Here&#39;s why.</p><h2>Roku: The top streaming platform in North America</h2><p>Streaming pioneer Roku struggled in the second quarter as the macroeconomic environment continued to deteriorate. High inflation blunted consumer spending, especially on smart TVs and other discretionary electronics, and many brands cut their ad budgets to compensate for that softness. However, those headwinds are temporary, and the long-term investment thesis is still intact.</p><p>Roku is the top streaming platform in the U.S., Canada, and Mexico in terms of engagement, and engagement is a critical metric for marketers. As a result, Roku captured nearly 45% of programmatic connected TV (CTV) ad spending in North America in June 2022, while second-place <b>Samsung </b>and third-place <b>Amazon</b> held just 17% and 12% market share, respectively.</p><p>Roku is working to strengthen that sizable lead with The Roku Channel, an ad-supported streaming service that features free movies, TV shows, and live linear channels dedicated to news and sports. Roku began adding original content to the mix last year, and the reception has been quite positive so far. In the second quarter, The Roku Channel once again ranked among the top five channels on the platform in the U.S.</p><p>Despite its disappointing performance of late, Roku has still delivered solid financial results over the last three years.</p><table><thead><tr><th><p>Metric</p></th><th><p>Q2 2019</p></th><th><p>Q2 2022</p></th><th><p>CAGR</p></th></tr></thead><tbody><tr><td width=\"156\"><p>Revenue (TTM)</p></td><td width=\"156\"><p>$905.9 million</p></td><td width=\"156\"><p>$3 billion</p></td><td width=\"156\"><p>50%</p></td></tr><tr><td width=\"156\"><p>Cash from operations (TTM)</p></td><td width=\"156\"><p>$39.4 million</p></td><td width=\"156\"><p>$73.4 million</p></td><td width=\"156\"><p>23%</p></td></tr></tbody></table><p>Data source: YCharts. TTM = trailing 12 months. CAGR = compound annual growth rate.</p><p>Looking ahead, The Roku Channel could be the source of a powerful network effect. As the most popular streaming platform in North America and Mexico, Roku should naturally capture an outsized portion of CTV ad spend in those geographies. That, in turn, should enhance its ability to license and create high-quality content for The Roku Channel, which should result in greater viewer engagement, bringing more ad dollars to its platform.</p><p>Building on that, CTV ad spend is poised for dramatic growth, both because viewers are moving away from traditional TV and because CTV ads can be targeted more effectively. In fact, CTV ad spend in the U.S. alone could reach $100 billion by 2030, up from $21 billion in 2021, according to BMO Capital Markets.</p><p>With that in mind, if Roku can deliver revenue growth of 20% per year over the next decade, its market cap could increase sixfold by 2032 (assuming a reasonable price-to-sale ratio of 2.9). That&#39;s why investors should consider buying this growth stock today.</p><h2>MercadoLibre: The e-commerce leader in Latin America</h2><p>MercadoLibre is the largest e-commerce marketplace in Latin America, and it ranks as the market leader in each of the major countries in which it operates. It has reinforced that edge with value-added services like logistics, financing, digital advertising, and digital payments. That makes MercadoLibre a one-stop shop for merchants.</p><p>Its logistics business (Mercado Envíos) and its fintech business (Mercado Pago) have been particularly instrumental in its success. Mercado Envíos handled 91% of shipping volume in the most recent quarter, and nearly 80% of that volume was delivered within 48 hours. That makes for a great consumer experience, and merchants wouldn&#39;t be able to achieve that on their own.</p><p>Additionally, Mercado Pago supports digital payments both on and off the MercadoLibre marketplace, a particularly important role given that many Latin Americans lack access to a bank account and debit card. In the most recent quarter, digital wallet users rose 42% to 21.4 million, and total payment volume skyrocketed 72% to $30.2 billion.</p><p>Not surprisingly, MercadoLibre has delivered impressive financial results over the past three years.</p><table><thead><tr><th><p>Metric</p></th><th><p>Q2 2019</p></th><th><p>Q2 2022</p></th><th><p>CAGR</p></th></tr></thead><tbody><tr><td width=\"156\"><p>Revenue (TTM)</p></td><td width=\"156\"><p>$1.8 billion</p></td><td width=\"156\"><p>$8.8 billion</p></td><td width=\"156\"><p>70%</p></td></tr><tr><td width=\"156\"><p>Cash from operations (TTM)</p></td><td width=\"156\"><p>$289.7 million</p></td><td width=\"156\"><p>$1.6 billion</p></td><td width=\"156\"><p>78%</p></td></tr></tbody></table><p>Data source: YCharts. TTM = trailing-12-months. CAGR = compound annual growth rate.</p><p>Investors have good reason to believe MercadoLibre can maintain that momentum. The vast majority of its revenue comes from Argentina, Brazil, and Mexico, and all three countries rank among the 10 fastest-growing e-commerce markets in the world. More broadly, Latin America itself has one of the fastest-growing internet penetration rates in the world, and that should drive adoption of online shopping and digital payments in the years ahead.</p><p>According to Statista, e-commerce sales across all countries in which MercadoLibre operates will grow at 18% per year to reach $260 billion by 2025, and digital payments volume will grow at 15% per year to reach $510 billion by 2027. That leaves plenty of room for growth.</p><p>On that note, if MercadoLibre can grow revenue at 25% per year over the next decade, its market cap could easily increase sixfold (assuming a reasonable price-to-sales ratio of 3.1) in that time. That&#39;s why this growth stock is a smart buy for long-term investors.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prediction: These 2 Growth Stocks Could Soar 500% by 2032</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPrediction: These 2 Growth Stocks Could Soar 500% by 2032\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 23:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/06/these-2-growth-stocks-could-soar-500-by-2032/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market has not been kind to investors this year. The S&P 500 had its worst first half since 1970, and the Nasdaq Composite is currently 28% off its high. But the market has recovered from ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/06/these-2-growth-stocks-could-soar-500-by-2032/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MELI":"MercadoLibre","ROKU":"Roku Inc"},"source_url":"https://www.fool.com/investing/2022/09/06/these-2-growth-stocks-could-soar-500-by-2032/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265067759","content_text":"The stock market has not been kind to investors this year. The S&P 500 had its worst first half since 1970, and the Nasdaq Composite is currently 28% off its high. But the market has recovered from worse in the past, and there is no reason to believe this situation is any different. Eventually, the next bull market will erase those losses.In the meantime, many beaten-down stocks are brimming with potential, and that creates a buying opportunity for patient investors. For instance, Roku and MercadoLibre could both grow sixfold over the next decade, meaning shareholders could see a 500% return by 2032.Here's why.Roku: The top streaming platform in North AmericaStreaming pioneer Roku struggled in the second quarter as the macroeconomic environment continued to deteriorate. High inflation blunted consumer spending, especially on smart TVs and other discretionary electronics, and many brands cut their ad budgets to compensate for that softness. However, those headwinds are temporary, and the long-term investment thesis is still intact.Roku is the top streaming platform in the U.S., Canada, and Mexico in terms of engagement, and engagement is a critical metric for marketers. As a result, Roku captured nearly 45% of programmatic connected TV (CTV) ad spending in North America in June 2022, while second-place Samsung and third-place Amazon held just 17% and 12% market share, respectively.Roku is working to strengthen that sizable lead with The Roku Channel, an ad-supported streaming service that features free movies, TV shows, and live linear channels dedicated to news and sports. Roku began adding original content to the mix last year, and the reception has been quite positive so far. In the second quarter, The Roku Channel once again ranked among the top five channels on the platform in the U.S.Despite its disappointing performance of late, Roku has still delivered solid financial results over the last three years.MetricQ2 2019Q2 2022CAGRRevenue (TTM)$905.9 million$3 billion50%Cash from operations (TTM)$39.4 million$73.4 million23%Data source: YCharts. TTM = trailing 12 months. CAGR = compound annual growth rate.Looking ahead, The Roku Channel could be the source of a powerful network effect. As the most popular streaming platform in North America and Mexico, Roku should naturally capture an outsized portion of CTV ad spend in those geographies. That, in turn, should enhance its ability to license and create high-quality content for The Roku Channel, which should result in greater viewer engagement, bringing more ad dollars to its platform.Building on that, CTV ad spend is poised for dramatic growth, both because viewers are moving away from traditional TV and because CTV ads can be targeted more effectively. In fact, CTV ad spend in the U.S. alone could reach $100 billion by 2030, up from $21 billion in 2021, according to BMO Capital Markets.With that in mind, if Roku can deliver revenue growth of 20% per year over the next decade, its market cap could increase sixfold by 2032 (assuming a reasonable price-to-sale ratio of 2.9). That's why investors should consider buying this growth stock today.MercadoLibre: The e-commerce leader in Latin AmericaMercadoLibre is the largest e-commerce marketplace in Latin America, and it ranks as the market leader in each of the major countries in which it operates. It has reinforced that edge with value-added services like logistics, financing, digital advertising, and digital payments. That makes MercadoLibre a one-stop shop for merchants.Its logistics business (Mercado Envíos) and its fintech business (Mercado Pago) have been particularly instrumental in its success. Mercado Envíos handled 91% of shipping volume in the most recent quarter, and nearly 80% of that volume was delivered within 48 hours. That makes for a great consumer experience, and merchants wouldn't be able to achieve that on their own.Additionally, Mercado Pago supports digital payments both on and off the MercadoLibre marketplace, a particularly important role given that many Latin Americans lack access to a bank account and debit card. In the most recent quarter, digital wallet users rose 42% to 21.4 million, and total payment volume skyrocketed 72% to $30.2 billion.Not surprisingly, MercadoLibre has delivered impressive financial results over the past three years.MetricQ2 2019Q2 2022CAGRRevenue (TTM)$1.8 billion$8.8 billion70%Cash from operations (TTM)$289.7 million$1.6 billion78%Data source: YCharts. TTM = trailing-12-months. CAGR = compound annual growth rate.Investors have good reason to believe MercadoLibre can maintain that momentum. The vast majority of its revenue comes from Argentina, Brazil, and Mexico, and all three countries rank among the 10 fastest-growing e-commerce markets in the world. More broadly, Latin America itself has one of the fastest-growing internet penetration rates in the world, and that should drive adoption of online shopping and digital payments in the years ahead.According to Statista, e-commerce sales across all countries in which MercadoLibre operates will grow at 18% per year to reach $260 billion by 2025, and digital payments volume will grow at 15% per year to reach $510 billion by 2027. That leaves plenty of room for growth.On that note, if MercadoLibre can grow revenue at 25% per year over the next decade, its market cap could easily increase sixfold (assuming a reasonable price-to-sales ratio of 3.1) in that time. That's why this growth stock is a smart buy for long-term investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933579391,"gmtCreate":1662334662113,"gmtModify":1676537036848,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933579391","repostId":"1114052367","repostType":4,"repost":{"id":"1114052367","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1662260377,"share":"https://www.laohu8.com/m/news/1114052367?lang=&edition=full","pubTime":"2022-09-04 10:59","market":"us","language":"en","title":"Reminder: US Market Will be Closed for Labor Day on Monday, 5 September 2022 EDT","url":"https://stock-news.laohu8.com/highlight/detail?id=1114052367","media":"Tiger Newspress","summary":"Dear Valued Client,US Labor Day is around the corner. The U.S. market will be closed on Monday, 5 Se","content":"<html><head></head><body><p>Dear Valued Client,</p><p>US Labor Day is around the corner. The U.S. market will be closed on Monday, 5 September 2022 EDT. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p><img src=\"https://static.tigerbbs.com/617f2a63df7eacd3e0db4c21d33077ea\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p><p>Happy investing!</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: US Market Will be Closed for Labor Day on Monday, 5 September 2022 EDT</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\">\nReminder: US Market Will be Closed for Labor Day on Monday, 5 September 2022 EDT\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-04 10:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Dear Valued Client,</p><p>US Labor Day is around the corner. The U.S. market will be closed on Monday, 5 September 2022 EDT. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p><img src=\"https://static.tigerbbs.com/617f2a63df7eacd3e0db4c21d33077ea\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p><p>Happy investing!</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114052367","content_text":"Dear Valued Client,US Labor Day is around the corner. The U.S. market will be closed on Monday, 5 September 2022 EDT. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.Happy investing!","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933906919,"gmtCreate":1662189095631,"gmtModify":1676537016069,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9933906919","repostId":"1189856152","repostType":4,"repost":{"id":"1189856152","pubTimestamp":1662172832,"share":"https://www.laohu8.com/m/news/1189856152?lang=&edition=full","pubTime":"2022-09-03 10:40","market":"us","language":"en","title":"3 Penny Stocks That Could 10X by 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1189856152","media":"InvestorPlace","summary":"If you have the cash to spare and are willing to take on some risk, then the following three penny s","content":"<html><head></head><body><ul><li>If you have the cash to spare and are willing to take on some risk, then the following three penny stocks will interest you.</li><li><b>Exela Technologies</b>(<b><u>XELA</u></b>): Exela Technologies deserves a look because the business automation company has reduced debt significantly in the last few quarters.</li><li><b>Palatin Technologies</b>(<b><u>PTN</u></b>): Palatin could be a multi-bagger since it has several products that are in various clinical stages of development.</li><li><b>FlexShopper</b>(<b><u>FPAY</u></b>): FlexShopper is a new fintech startup that is becoming a great challenger in the current market.</li></ul><p>How do you find the best penny stocks? The answer may seem simple, but it’s not. Many things can affect your decision and make finding a good buy tough for even the most experienced investors.</p><p>One thing to look out for when trying to invest in penny stocks is whether or not their prices will stay low long enough before they inflate again. Second, great financials are a must. Look out for those with strong balance sheets and healthy profits. Finally, look for companies with good future prospects. This could mean they have new products or services in the pipeline or are expanding into new markets. By taking the time to research penny stocks, you can increase your chances of finding ones that will be successful investments.</p><p>Penny stocks can be very exciting. But they also come with risks and require research before investing any real capital into them. If you are ready to take the plunge, here are three penny stocks that could 10X by 2023.</p><p><b>Exela Technologies (XELA)</b></p><p><b>Exela Technologies</b>(NASDAQ:<b><u>XELA</u></b>) is a global business process automation and information management solutions provider. Headquartered in Texas, Exela serves more than4,000 customers in over 50 countries. Its platform enables customers to automate manual processes, improve data quality and compliance, and reduce costs. One company that constantly comes up when discussing penny stocks is Exela Technologies.</p><p>Why? Exela Technologies is in a good position right now. It has secured some big contract victories recently. Exela’s Exchange for Bills and Payments segment contracted an order with a total value of $136 million in June. The same division secured a three-year, $18.3 million deal, which started accruing in the third quarter of 2022.</p><p>The company has high debt levels, which poses a problem for investors. However, Exela Technologies has done well in the last few quarters, paring debt substantially. Investors should pay attention to whether the debt-EBITDA ratio will continue to lessen.</p><p>One of the brightest spots for Exela is DrySign, a proprietary e-signature platform. DrySign enables organizations to sign documents with high security and compliance electronically. Exela is well-positioned to continue its growth in this market, which is expected to grow to $42 billion by 2030.</p><p>Exela’s growth has been slowing in recent years. Blame it on intensifying competition, slower-than-expected adoption of its products, and uncertain macroeconomic conditions. However, the company has made some progress in adapting its business model to the new realities of the global business process automation software market. It is now well-positioned to capitalize on the secular tailwinds driving demand for its solutions.</p><p><b>Palatin Technologies (PTN)</b></p><p><b>Palatin Technologies</b>(NYSEMKT:<b><u>PTN</u></b>) is an up-and-coming biotech company that is based in New Jersey. Its chief product, Vyleesi, was approved by the U.S. Food and Drug Administration in June 2019 for treating HSDD (hypoactive sexual desire disorder) in premenopausal women.</p><p>PL9643, another drug in its pipeline, helps treat dry eye disease. In addition, Palatin is developing a drug that can effectively treat ulcerative colitis. Its PL8177 has passed its first-stage trials and will be going into Phase 2 testing soon, with expected results by the end of 2022.</p><p>In conclusion, Palatin holds an excellent portfolio of drugs in earlier stages of development. With several potential blockbuster drugs in its pipeline, this is a company with huge upside potential. So don’t miss out on this hidden gem. You will want to keep an eye on Palatin Technologies.</p><p><b>FlexShopper (FPAY)</b></p><p><b>FlexShopper</b>(NASDAQ:<b><u>FPAY</u></b>) is an upcoming fintech company proving to be a great challenger in the current market. Its principal business is lease-to-own furniture, which is gaining ground as consumers become affected by inflation. Its lease-to-own offerings are an appealing and practical solution because they provide a way to get the furniture without breaking the bank.</p><p>The percentage of consumers using financing or leasing programs has increased dramatically in the past year. A recent survey of 2,688 consumers in the U.S. found that nearly 58% used a financing or leasing program when buying durable goods within the past year. With inflation remaining at its highest rate in decades, the trend will not change anytime soon.</p><p>The latest results from FlexShopper illustrate the company is doing very well due to these trends. Analysts expected a loss of 5 cents per share for the second quarter, and the company blew past those numbers with a 51-cent profit. Revenues of $36.55 million also outpaced analyst estimates of $32.08 million.</p><p>Its recent performance is driven by several tailwinds. These include rising demand for its lease-to-own services, a favorable product mix and inflation. Given the company’s strong fundamentals and favorable industry trends, FlexShopper is in a great position to grow in the quarters ahead.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Penny Stocks That Could 10X by 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Penny Stocks That Could 10X by 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-03 10:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/3-penny-stocks-that-could-10x-by-2023-xela-ptn-fpay/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you have the cash to spare and are willing to take on some risk, then the following three penny stocks will interest you.Exela Technologies(XELA): Exela Technologies deserves a look because the ...</p>\n\n<a href=\"https://investorplace.com/2022/09/3-penny-stocks-that-could-10x-by-2023-xela-ptn-fpay/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XELA":"Exela Technologies, Inc.","PTN":"Palatin Technologies Inc","FPAY":"FlexShopper Inc"},"source_url":"https://investorplace.com/2022/09/3-penny-stocks-that-could-10x-by-2023-xela-ptn-fpay/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189856152","content_text":"If you have the cash to spare and are willing to take on some risk, then the following three penny stocks will interest you.Exela Technologies(XELA): Exela Technologies deserves a look because the business automation company has reduced debt significantly in the last few quarters.Palatin Technologies(PTN): Palatin could be a multi-bagger since it has several products that are in various clinical stages of development.FlexShopper(FPAY): FlexShopper is a new fintech startup that is becoming a great challenger in the current market.How do you find the best penny stocks? The answer may seem simple, but it’s not. Many things can affect your decision and make finding a good buy tough for even the most experienced investors.One thing to look out for when trying to invest in penny stocks is whether or not their prices will stay low long enough before they inflate again. Second, great financials are a must. Look out for those with strong balance sheets and healthy profits. Finally, look for companies with good future prospects. This could mean they have new products or services in the pipeline or are expanding into new markets. By taking the time to research penny stocks, you can increase your chances of finding ones that will be successful investments.Penny stocks can be very exciting. But they also come with risks and require research before investing any real capital into them. If you are ready to take the plunge, here are three penny stocks that could 10X by 2023.Exela Technologies (XELA)Exela Technologies(NASDAQ:XELA) is a global business process automation and information management solutions provider. Headquartered in Texas, Exela serves more than4,000 customers in over 50 countries. Its platform enables customers to automate manual processes, improve data quality and compliance, and reduce costs. One company that constantly comes up when discussing penny stocks is Exela Technologies.Why? Exela Technologies is in a good position right now. It has secured some big contract victories recently. Exela’s Exchange for Bills and Payments segment contracted an order with a total value of $136 million in June. The same division secured a three-year, $18.3 million deal, which started accruing in the third quarter of 2022.The company has high debt levels, which poses a problem for investors. However, Exela Technologies has done well in the last few quarters, paring debt substantially. Investors should pay attention to whether the debt-EBITDA ratio will continue to lessen.One of the brightest spots for Exela is DrySign, a proprietary e-signature platform. DrySign enables organizations to sign documents with high security and compliance electronically. Exela is well-positioned to continue its growth in this market, which is expected to grow to $42 billion by 2030.Exela’s growth has been slowing in recent years. Blame it on intensifying competition, slower-than-expected adoption of its products, and uncertain macroeconomic conditions. However, the company has made some progress in adapting its business model to the new realities of the global business process automation software market. It is now well-positioned to capitalize on the secular tailwinds driving demand for its solutions.Palatin Technologies (PTN)Palatin Technologies(NYSEMKT:PTN) is an up-and-coming biotech company that is based in New Jersey. Its chief product, Vyleesi, was approved by the U.S. Food and Drug Administration in June 2019 for treating HSDD (hypoactive sexual desire disorder) in premenopausal women.PL9643, another drug in its pipeline, helps treat dry eye disease. In addition, Palatin is developing a drug that can effectively treat ulcerative colitis. Its PL8177 has passed its first-stage trials and will be going into Phase 2 testing soon, with expected results by the end of 2022.In conclusion, Palatin holds an excellent portfolio of drugs in earlier stages of development. With several potential blockbuster drugs in its pipeline, this is a company with huge upside potential. So don’t miss out on this hidden gem. You will want to keep an eye on Palatin Technologies.FlexShopper (FPAY)FlexShopper(NASDAQ:FPAY) is an upcoming fintech company proving to be a great challenger in the current market. Its principal business is lease-to-own furniture, which is gaining ground as consumers become affected by inflation. Its lease-to-own offerings are an appealing and practical solution because they provide a way to get the furniture without breaking the bank.The percentage of consumers using financing or leasing programs has increased dramatically in the past year. A recent survey of 2,688 consumers in the U.S. found that nearly 58% used a financing or leasing program when buying durable goods within the past year. With inflation remaining at its highest rate in decades, the trend will not change anytime soon.The latest results from FlexShopper illustrate the company is doing very well due to these trends. Analysts expected a loss of 5 cents per share for the second quarter, and the company blew past those numbers with a 51-cent profit. Revenues of $36.55 million also outpaced analyst estimates of $32.08 million.Its recent performance is driven by several tailwinds. These include rising demand for its lease-to-own services, a favorable product mix and inflation. Given the company’s strong fundamentals and favorable industry trends, FlexShopper is in a great position to grow in the quarters ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939056669,"gmtCreate":1662031694954,"gmtModify":1676536636261,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939056669","repostId":"1112269042","repostType":4,"repost":{"id":"1112269042","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1662018327,"share":"https://www.laohu8.com/m/news/1112269042?lang=&edition=full","pubTime":"2022-09-01 15:45","market":"hk","language":"en","title":"Tiger Chart｜VIX Surged Over 21% in August; U.S. Stock Indexes Suffered Biggest Declines Since 2015","url":"https://stock-news.laohu8.com/highlight/detail?id=1112269042","media":"Tiger Newspress","summary":"Major stock indexes mixed in August, with S&P/ASX 200, STI Index rising slightly, U.S. major indexes","content":"<html><head></head><body><p>Major stock indexes mixed in August, with S&amp;P/ASX 200, STI Index rising slightly, U.S. major indexes suffered their biggest monthly percentage declines in August since 2015, while VIX surged 21.28%.<img src=\"https://static.tigerbbs.com/ea3b1f3c80d9fad1a6703f7e2f8246eb\" tg-width=\"746\" tg-height=\"1101\" referrerpolicy=\"no-referrer\"/>Selling pressure accelerated after Fed Chair Jerome Powell&#39;s hawkish remarks on Friday about keeping monetary policy tight &#34;for some time&#34; dashed hopes of more modest interest rate hikes, with the benchmark index down more than 5% over the past four trading sessions.</p><p>10 of the 11 sectors of the S&amp;P 500 ended in the red for August, with Information Technology the top loser. Losses in the Health Care and Real Estate sectors also dragged the index lower. The Energy sector was a standout gainer, as oil prices continue to remain elevated.</p><p><b>Can Midterm Election Year Reverse the historical performance in September?</b></p><p>September, which begins on Thursday, is historically the worst month of the year for the stock market<a href=\"http://www.cnn.com/2021/09/01/investing/stock-market-september/index.html\" target=\"_blank\">.</a></p><p>The Dow and S&amp;P 500 fell sharply in September last year and in 2020, even though the broader market rallied in both years. That doesn&#39;t mean stocks are doomed to finish this September in the red, of course. Stocks rallied in each of the three Septembers prior to the pandemic.</p><p>But here&#39;s another potentially ominous sign: This is a midterm election year. The Dow has fallen in 11 out of the last 18 pre-midterm Septembers going back to 1950.</p><p><b>Fed’s Meeting May be the key issue in September</b></p><p>Still, there&#39;s reason to be nervous.</p><p>The Fed&#39;s next meeting about rate hikes is on September 21. Several key economic reports are on tap that will give investors more clues about the health of the job market and whether inflation pressures are abating. Congress will be back in session just after Labor Day as well.</p><p>&#34;There is no question that there are a number of geopolitical concerns and economic data that could lead to volatility. Investors should be prepared for that,&#34; said Josh Emanuel, chief investment officer of Wilshire.</p><p>&#34;The historical concerns about September and October are less relevant this year. There are forces in play that are more significant,&#34; said Alex Chaloff, co-head of investment strategy at Bernstein Private Wealth Management. &#34;There are a number of potential catalysts for a fall rally.&#34;</p><p>Chaloff said that if the slowdown in inflation continues, &#34;the market will cheer that significantly&#34; and the Fed might be more likely to raise interest rates next month by just a half percentage point instead of three-quarters of a point. That could be &#34;critical in establishing momentum for a rally,&#34; Chaloff added.</p><p>So as long as the economy keeps chugging along and inflation fears move further into the rear view mirror, the market just might avoid a big September swoon.</p><p>Or an October crash. Don&#39;t get us started on 1929. Or 1987. Or 2008.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tiger Chart｜VIX Surged Over 21% in August; U.S. Stock Indexes Suffered Biggest Declines Since 2015</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\">\nTiger Chart｜VIX Surged Over 21% in August; U.S. Stock Indexes Suffered Biggest Declines Since 2015\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-01 15:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Major stock indexes mixed in August, with S&amp;P/ASX 200, STI Index rising slightly, U.S. major indexes suffered their biggest monthly percentage declines in August since 2015, while VIX surged 21.28%.<img src=\"https://static.tigerbbs.com/ea3b1f3c80d9fad1a6703f7e2f8246eb\" tg-width=\"746\" tg-height=\"1101\" referrerpolicy=\"no-referrer\"/>Selling pressure accelerated after Fed Chair Jerome Powell&#39;s hawkish remarks on Friday about keeping monetary policy tight &#34;for some time&#34; dashed hopes of more modest interest rate hikes, with the benchmark index down more than 5% over the past four trading sessions.</p><p>10 of the 11 sectors of the S&amp;P 500 ended in the red for August, with Information Technology the top loser. Losses in the Health Care and Real Estate sectors also dragged the index lower. The Energy sector was a standout gainer, as oil prices continue to remain elevated.</p><p><b>Can Midterm Election Year Reverse the historical performance in September?</b></p><p>September, which begins on Thursday, is historically the worst month of the year for the stock market<a href=\"http://www.cnn.com/2021/09/01/investing/stock-market-september/index.html\" target=\"_blank\">.</a></p><p>The Dow and S&amp;P 500 fell sharply in September last year and in 2020, even though the broader market rallied in both years. That doesn&#39;t mean stocks are doomed to finish this September in the red, of course. Stocks rallied in each of the three Septembers prior to the pandemic.</p><p>But here&#39;s another potentially ominous sign: This is a midterm election year. The Dow has fallen in 11 out of the last 18 pre-midterm Septembers going back to 1950.</p><p><b>Fed’s Meeting May be the key issue in September</b></p><p>Still, there&#39;s reason to be nervous.</p><p>The Fed&#39;s next meeting about rate hikes is on September 21. Several key economic reports are on tap that will give investors more clues about the health of the job market and whether inflation pressures are abating. Congress will be back in session just after Labor Day as well.</p><p>&#34;There is no question that there are a number of geopolitical concerns and economic data that could lead to volatility. Investors should be prepared for that,&#34; said Josh Emanuel, chief investment officer of Wilshire.</p><p>&#34;The historical concerns about September and October are less relevant this year. There are forces in play that are more significant,&#34; said Alex Chaloff, co-head of investment strategy at Bernstein Private Wealth Management. &#34;There are a number of potential catalysts for a fall rally.&#34;</p><p>Chaloff said that if the slowdown in inflation continues, &#34;the market will cheer that significantly&#34; and the Fed might be more likely to raise interest rates next month by just a half percentage point instead of three-quarters of a point. That could be &#34;critical in establishing momentum for a rally,&#34; Chaloff added.</p><p>So as long as the economy keeps chugging along and inflation fears move further into the rear view mirror, the market just might avoid a big September swoon.</p><p>Or an October crash. Don&#39;t get us started on 1929. Or 1987. Or 2008.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数",".SPX":"S&P 500 Index","HSI":"恒生指数","VIX":"标普500波动率指数","XJO.AU":"标普/澳交所 200指数",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112269042","content_text":"Major stock indexes mixed in August, with S&P/ASX 200, STI Index rising slightly, U.S. major indexes suffered their biggest monthly percentage declines in August since 2015, while VIX surged 21.28%.Selling pressure accelerated after Fed Chair Jerome Powell's hawkish remarks on Friday about keeping monetary policy tight \"for some time\" dashed hopes of more modest interest rate hikes, with the benchmark index down more than 5% over the past four trading sessions.10 of the 11 sectors of the S&P 500 ended in the red for August, with Information Technology the top loser. Losses in the Health Care and Real Estate sectors also dragged the index lower. The Energy sector was a standout gainer, as oil prices continue to remain elevated.Can Midterm Election Year Reverse the historical performance in September?September, which begins on Thursday, is historically the worst month of the year for the stock market.The Dow and S&P 500 fell sharply in September last year and in 2020, even though the broader market rallied in both years. That doesn't mean stocks are doomed to finish this September in the red, of course. Stocks rallied in each of the three Septembers prior to the pandemic.But here's another potentially ominous sign: This is a midterm election year. The Dow has fallen in 11 out of the last 18 pre-midterm Septembers going back to 1950.Fed’s Meeting May be the key issue in SeptemberStill, there's reason to be nervous.The Fed's next meeting about rate hikes is on September 21. Several key economic reports are on tap that will give investors more clues about the health of the job market and whether inflation pressures are abating. Congress will be back in session just after Labor Day as well.\"There is no question that there are a number of geopolitical concerns and economic data that could lead to volatility. Investors should be prepared for that,\" said Josh Emanuel, chief investment officer of Wilshire.\"The historical concerns about September and October are less relevant this year. There are forces in play that are more significant,\" said Alex Chaloff, co-head of investment strategy at Bernstein Private Wealth Management. \"There are a number of potential catalysts for a fall rally.\"Chaloff said that if the slowdown in inflation continues, \"the market will cheer that significantly\" and the Fed might be more likely to raise interest rates next month by just a half percentage point instead of three-quarters of a point. That could be \"critical in establishing momentum for a rally,\" Chaloff added.So as long as the economy keeps chugging along and inflation fears move further into the rear view mirror, the market just might avoid a big September swoon.Or an October crash. Don't get us started on 1929. Or 1987. Or 2008.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930280395,"gmtCreate":1661969673521,"gmtModify":1676536613621,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9930280395","repostId":"1164311011","repostType":4,"repost":{"id":"1164311011","pubTimestamp":1661959824,"share":"https://www.laohu8.com/m/news/1164311011?lang=&edition=full","pubTime":"2022-08-31 23:30","market":"us","language":"en","title":"Powell Abandons Soft Landing Goal as He Seeks Growth Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1164311011","media":"Bloomberg","summary":"Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water tortur","content":"<html><head></head><body><ul><li>Fed chief wants weak growth, soft jobs market to cut inflation</li><li>‘It’s a bit like dripping water torture,’ economist Swonk says</li></ul><p>Forget about a soft landing. Federal Reserve Chair Jerome Powell is now aiming for something much more painful for the economy to put an end to elevated inflation. The trouble is, even that may not be enough.</p><p>It’s known to economists by the paradoxical name of a “growth recession.” Unlike a soft landing, it’s a protracted period of meager growth and rising unemployment. But it stops short of an outright contraction of the economy.</p><p>Powell “buried the concept of a soft landing” with his Aug. 26 speech in Jackson Hole, Wyoming, said Diane Swonk, chief economist at KPMG LLP. Now, “the Fed’s goal is to grind inflation down by slowing growth below its potential,” which officials peg at 1.8%.</p><p>“It’s a bit like dripping water torture,” added Swonk, who attended the Fed’s annual Jackson Hole symposium last week. “It is a torturous process but less torturous and less painful than an abrupt recession.”</p><p><img src=\"https://static.tigerbbs.com/7890c48b572b0230d3c1d5b68836e06a\" tg-width=\"698\" tg-height=\"392\" referrerpolicy=\"no-referrer\"/>The shift in Powell’s message got the attention of Wall Street. Stock prices have swooned since the Fed chair vowed to do what it takes to rid the economy of too-high inflation.</p><p>Politicians in Washington took note too. Massachusetts Senator and former Democratic Party presidential hopeful Elizabeth Warren voiced concern that the Fed could tip the economy into a recession, while Senate Republican Party leader Mitch McConnell said a downturn was likely as the central bank raises rates to combat inflation.</p><p>In the archetypal soft landing in 1994-95, the Fed slowed the economy briefly and contained inflation through a doubling of interest rates. But unemployment never really rose. It just stopped falling for a while.</p><p>The late New York University economist Solomon Fabricant coined the term “growth recession” in research published in 1972. While such a scenario may not be as costly as an actual contraction, it poses dangers for the economy nonetheless, he suggested at the time.</p><p>A tiger contained “is not the same as a tiger loose in the streets, but neither is it a paper tiger,” he wrote.</p><p>Powell has seemingly concluded that it will take a tiger -- and not just a soft landing -- to attack America’s pernicious inflation. In his Jackson Hole speech, he said the labor market was “clearly out of balance,” with the demand for workers substantially exceeding the supply. That’s led to rapid wage rises that are incompatible with the Fed’s 2% inflation target.</p><p>“Reducing inflation is likely to require a sustained period of below-trend growth,” Powell said.  “Moreover, there will very likely be some softening of labor market conditions” -- widely seen as a euphemism for higher unemployment.</p><p>Joblessness probably held steady in August at a five-decade low of 3.5% as payroll growth slowed to 300,000 from 528,000 in July, according to the median forecast of economists surveyed by Bloomberg. The monthly data are scheduled to be released by the Labor Department on Friday.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell Abandons Soft Landing Goal as He Seeks Growth Recession</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPowell Abandons Soft Landing Goal as He Seeks Growth Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-31 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water torture,’ economist Swonk saysForget about a soft landing. Federal Reserve Chair Jerome Powell is now ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164311011","content_text":"Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water torture,’ economist Swonk saysForget about a soft landing. Federal Reserve Chair Jerome Powell is now aiming for something much more painful for the economy to put an end to elevated inflation. The trouble is, even that may not be enough.It’s known to economists by the paradoxical name of a “growth recession.” Unlike a soft landing, it’s a protracted period of meager growth and rising unemployment. But it stops short of an outright contraction of the economy.Powell “buried the concept of a soft landing” with his Aug. 26 speech in Jackson Hole, Wyoming, said Diane Swonk, chief economist at KPMG LLP. Now, “the Fed’s goal is to grind inflation down by slowing growth below its potential,” which officials peg at 1.8%.“It’s a bit like dripping water torture,” added Swonk, who attended the Fed’s annual Jackson Hole symposium last week. “It is a torturous process but less torturous and less painful than an abrupt recession.”The shift in Powell’s message got the attention of Wall Street. Stock prices have swooned since the Fed chair vowed to do what it takes to rid the economy of too-high inflation.Politicians in Washington took note too. Massachusetts Senator and former Democratic Party presidential hopeful Elizabeth Warren voiced concern that the Fed could tip the economy into a recession, while Senate Republican Party leader Mitch McConnell said a downturn was likely as the central bank raises rates to combat inflation.In the archetypal soft landing in 1994-95, the Fed slowed the economy briefly and contained inflation through a doubling of interest rates. But unemployment never really rose. It just stopped falling for a while.The late New York University economist Solomon Fabricant coined the term “growth recession” in research published in 1972. While such a scenario may not be as costly as an actual contraction, it poses dangers for the economy nonetheless, he suggested at the time.A tiger contained “is not the same as a tiger loose in the streets, but neither is it a paper tiger,” he wrote.Powell has seemingly concluded that it will take a tiger -- and not just a soft landing -- to attack America’s pernicious inflation. In his Jackson Hole speech, he said the labor market was “clearly out of balance,” with the demand for workers substantially exceeding the supply. That’s led to rapid wage rises that are incompatible with the Fed’s 2% inflation target.“Reducing inflation is likely to require a sustained period of below-trend growth,” Powell said.  “Moreover, there will very likely be some softening of labor market conditions” -- widely seen as a euphemism for higher unemployment.Joblessness probably held steady in August at a five-decade low of 3.5% as payroll growth slowed to 300,000 from 528,000 in July, according to the median forecast of economists surveyed by Bloomberg. The monthly data are scheduled to be released by the Labor Department on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997420511,"gmtCreate":1661838064136,"gmtModify":1676536588838,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997420511","repostId":"2263839127","repostType":4,"repost":{"id":"2263839127","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1661831484,"share":"https://www.laohu8.com/m/news/2263839127?lang=&edition=full","pubTime":"2022-08-30 11:51","market":"us","language":"en","title":"Ryan Cohen's Bed Bath & Beyond Stock Sales Highlight Gray Area in Disclosure","url":"https://stock-news.laohu8.com/highlight/detail?id=2263839127","media":"Dow Jones","summary":"Ryan Cohen sold his entire stake in Bed Bath & Beyond in a two-day period earlier this month.Investo","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4532bac9ffc5e33bb8afd6c1d10b1cc\" tg-width=\"860\" tg-height=\"573\" width=\"100%\" height=\"auto\"/><span>Ryan Cohen sold his entire stake in Bed Bath &amp; Beyond in a two-day period earlier this month.</span></p><p>Investor Ryan Cohen might have run afoul of disclosure guidelines in his surprise sale of Bed Bath &amp; Beyond Inc. stock this month, securities lawyers said, but regulatory action against him appears unlikely.</p><p>Mr. Cohen sold his entire stake in the home-goods retailer on Aug. 16 and 17, just months after he took a significant position in the company and pledged to force changes there. Shares tumbled after news of his sales came out on the afternoon of the 17th, but meanwhile Mr. Cohen benefited from a huge surge in volume that enabled him to sell millions of shares while prices rose.</p><p>An ownership disclosure that Mr. Cohen filed on the morning he began selling included a trivial update about the size of his holdings and said he hadn&#39;t done any trading in Bed Bath &amp; Beyond during the prior 60 days.</p><p>The SEC requires activist investors to file the ownership disclosure, known as a 13D, when they acquire at least 5% of a company&#39;s shares and plan to influence or control the company. SEC rules dictate that investors must promptly  update the form to reflect any material changes to what they first disclosed, such as new plans to buy or sell shares.</p><p>Within minutes or hours of the ownership disclosure, Mr. Cohen began selling. Individual investors &#34;have no idea he is dumping the stock against them,&#34; said Joshua Mitts, a law professor at Columbia University who specializes in analytical research on trading strategies.</p><p>The Securities and Exchange Commission could investigate whether Mr. Cohen had a plan to sell before he filed the Aug. 16 update that he should have disclosed, according to former regulators and law professors who specialize in securities law. The SEC&#39;s enforcement division hasn&#39;t contacted him, according to a person familiar with the matter.</p><p>&#34;The question here is at the time that Cohen filed that trivial update, had he firmed up his decision to sell?&#34; said Keith Higgins, a former director of the SEC division that oversees public-company disclosures. &#34;And if he did or if he had, that omission is problematic.&#34;</p><p>A person familiar with Mr. Cohen&#39;s trading said his filings complied with rules, and he didn&#39;t make any offers or seek any prices for his Bed Bath &amp; Beyond shares before making the Aug. 16 ownership disclosure update.</p><p>Many large investors don&#39;t formulate written plans to buy or sell, to avoid triggering the requirement to update the ownership disclosure, said Adam Pritchard, a securities and corporate law professor at the University of Michigan. &#34;If you are properly lawyered, you don&#39;t have a plan until you decide you are going to sell,&#34; Mr. Pritchard said.</p><p>Instead, activist investors typically disclose that they could either buy or sell, which they say satisfies their disclosure requirements while giving them room to change their minds, according to lawyers who practice in the area. In some cases, investors have disclosed plans to sell their stakes before trading.</p><p>&#34;If his intent was to truly do nothing&#34; on the morning of Aug. 16, &#34;then that is a hard enforcement case,&#34; Mr. Mitts said. &#34;If I were the SEC, I would want really clear evidence that the trading decision had been made.&#34;</p><p>The SEC sometimes brings enforcement actions when it believes investors have violated these rules. In 2008, regulators said Tracinda Corp., the holding company of famed investor Kirk Kerkorian, failed to properly reveal a plan to sell 28 million shares of General Motors Co. The settlement order said the 13D calls for determining &#34;whether additional disclosures are required before any such purchase or sale.&#34;</p><p>Tracinda settled the enforcement action without paying a penalty.</p><p>In another case settled two years ago, private-equity firm WCAS Management Corp. paid $100,000 to settle SEC claims that it failed to update its disclosures about a plan to take over <a href=\"https://laohu8.com/S/HGR\">Hanger</a> Inc. The SEC said the private-equity firm should have filed the ownership-disclosure update once it &#34;had abandoned its interest in acquiring Hanger&#34; and formed a plan to sell its shares.</p><p>Earlier this year, the SEC proposed a rule that would require investors to file updates to their ownership disclosure within one business day. The current rule says the form must be promptly updated; the SEC has never defined a prompt time frame, but its staff generally expects changes to be disclosed within several days, according to former regulators.</p><p>The SEC declined to comment.</p><p>Bed Bath &amp; Beyond stock has lost more than half its value since Mr. Cohen sold his shares. The company has selected asset manager Sixth Street Partners, a Dallas-based firm that makes loans to troubled companies, to provide new financing. Some vendors have been pulling credit to the company in recent weeks, sources have told The Wall Street Journal.</p><p>Some analysts say Mr. Cohen took advantage of the exuberance of those who favor speculative securities known as meme stocks. These investors, who call themselves &#34;apes,&#34; are among individuals who purchased a net $131 million of Bed Bath &amp; Beyond shares on Aug. 16 and 17, according to Vanda Research. Filings show Mr. Cohen sold $178 million of the stock over that period.</p><p>&#34;The apes have a target on their back,&#34; said Daniel Taylor, an accounting professor at the University of Pennsylvania&#39;s Wharton School of Business who studies insider trading. &#34;It&#39;s either the CEOs of the companies who are going to exploit that or these outside individuals like Ryan Cohen.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ryan Cohen's Bed Bath & Beyond Stock Sales Highlight Gray Area in Disclosure</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\">\nRyan Cohen's Bed Bath & Beyond Stock Sales Highlight Gray Area in Disclosure\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-08-30 11:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4532bac9ffc5e33bb8afd6c1d10b1cc\" tg-width=\"860\" tg-height=\"573\" width=\"100%\" height=\"auto\"/><span>Ryan Cohen sold his entire stake in Bed Bath &amp; Beyond in a two-day period earlier this month.</span></p><p>Investor Ryan Cohen might have run afoul of disclosure guidelines in his surprise sale of Bed Bath &amp; Beyond Inc. stock this month, securities lawyers said, but regulatory action against him appears unlikely.</p><p>Mr. Cohen sold his entire stake in the home-goods retailer on Aug. 16 and 17, just months after he took a significant position in the company and pledged to force changes there. Shares tumbled after news of his sales came out on the afternoon of the 17th, but meanwhile Mr. Cohen benefited from a huge surge in volume that enabled him to sell millions of shares while prices rose.</p><p>An ownership disclosure that Mr. Cohen filed on the morning he began selling included a trivial update about the size of his holdings and said he hadn&#39;t done any trading in Bed Bath &amp; Beyond during the prior 60 days.</p><p>The SEC requires activist investors to file the ownership disclosure, known as a 13D, when they acquire at least 5% of a company&#39;s shares and plan to influence or control the company. SEC rules dictate that investors must promptly  update the form to reflect any material changes to what they first disclosed, such as new plans to buy or sell shares.</p><p>Within minutes or hours of the ownership disclosure, Mr. Cohen began selling. Individual investors &#34;have no idea he is dumping the stock against them,&#34; said Joshua Mitts, a law professor at Columbia University who specializes in analytical research on trading strategies.</p><p>The Securities and Exchange Commission could investigate whether Mr. Cohen had a plan to sell before he filed the Aug. 16 update that he should have disclosed, according to former regulators and law professors who specialize in securities law. The SEC&#39;s enforcement division hasn&#39;t contacted him, according to a person familiar with the matter.</p><p>&#34;The question here is at the time that Cohen filed that trivial update, had he firmed up his decision to sell?&#34; said Keith Higgins, a former director of the SEC division that oversees public-company disclosures. &#34;And if he did or if he had, that omission is problematic.&#34;</p><p>A person familiar with Mr. Cohen&#39;s trading said his filings complied with rules, and he didn&#39;t make any offers or seek any prices for his Bed Bath &amp; Beyond shares before making the Aug. 16 ownership disclosure update.</p><p>Many large investors don&#39;t formulate written plans to buy or sell, to avoid triggering the requirement to update the ownership disclosure, said Adam Pritchard, a securities and corporate law professor at the University of Michigan. &#34;If you are properly lawyered, you don&#39;t have a plan until you decide you are going to sell,&#34; Mr. Pritchard said.</p><p>Instead, activist investors typically disclose that they could either buy or sell, which they say satisfies their disclosure requirements while giving them room to change their minds, according to lawyers who practice in the area. In some cases, investors have disclosed plans to sell their stakes before trading.</p><p>&#34;If his intent was to truly do nothing&#34; on the morning of Aug. 16, &#34;then that is a hard enforcement case,&#34; Mr. Mitts said. &#34;If I were the SEC, I would want really clear evidence that the trading decision had been made.&#34;</p><p>The SEC sometimes brings enforcement actions when it believes investors have violated these rules. In 2008, regulators said Tracinda Corp., the holding company of famed investor Kirk Kerkorian, failed to properly reveal a plan to sell 28 million shares of General Motors Co. The settlement order said the 13D calls for determining &#34;whether additional disclosures are required before any such purchase or sale.&#34;</p><p>Tracinda settled the enforcement action without paying a penalty.</p><p>In another case settled two years ago, private-equity firm WCAS Management Corp. paid $100,000 to settle SEC claims that it failed to update its disclosures about a plan to take over <a href=\"https://laohu8.com/S/HGR\">Hanger</a> Inc. The SEC said the private-equity firm should have filed the ownership-disclosure update once it &#34;had abandoned its interest in acquiring Hanger&#34; and formed a plan to sell its shares.</p><p>Earlier this year, the SEC proposed a rule that would require investors to file updates to their ownership disclosure within one business day. The current rule says the form must be promptly updated; the SEC has never defined a prompt time frame, but its staff generally expects changes to be disclosed within several days, according to former regulators.</p><p>The SEC declined to comment.</p><p>Bed Bath &amp; Beyond stock has lost more than half its value since Mr. Cohen sold his shares. The company has selected asset manager Sixth Street Partners, a Dallas-based firm that makes loans to troubled companies, to provide new financing. Some vendors have been pulling credit to the company in recent weeks, sources have told The Wall Street Journal.</p><p>Some analysts say Mr. Cohen took advantage of the exuberance of those who favor speculative securities known as meme stocks. These investors, who call themselves &#34;apes,&#34; are among individuals who purchased a net $131 million of Bed Bath &amp; Beyond shares on Aug. 16 and 17, according to Vanda Research. Filings show Mr. Cohen sold $178 million of the stock over that period.</p><p>&#34;The apes have a target on their back,&#34; said Daniel Taylor, an accounting professor at the University of Pennsylvania&#39;s Wharton School of Business who studies insider trading. &#34;It&#39;s either the CEOs of the companies who are going to exploit that or these outside individuals like Ryan Cohen.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居","CHWY":"Chewy, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2263839127","content_text":"Ryan Cohen sold his entire stake in Bed Bath & Beyond in a two-day period earlier this month.Investor Ryan Cohen might have run afoul of disclosure guidelines in his surprise sale of Bed Bath & Beyond Inc. stock this month, securities lawyers said, but regulatory action against him appears unlikely.Mr. Cohen sold his entire stake in the home-goods retailer on Aug. 16 and 17, just months after he took a significant position in the company and pledged to force changes there. Shares tumbled after news of his sales came out on the afternoon of the 17th, but meanwhile Mr. Cohen benefited from a huge surge in volume that enabled him to sell millions of shares while prices rose.An ownership disclosure that Mr. Cohen filed on the morning he began selling included a trivial update about the size of his holdings and said he hadn't done any trading in Bed Bath & Beyond during the prior 60 days.The SEC requires activist investors to file the ownership disclosure, known as a 13D, when they acquire at least 5% of a company's shares and plan to influence or control the company. SEC rules dictate that investors must promptly  update the form to reflect any material changes to what they first disclosed, such as new plans to buy or sell shares.Within minutes or hours of the ownership disclosure, Mr. Cohen began selling. Individual investors \"have no idea he is dumping the stock against them,\" said Joshua Mitts, a law professor at Columbia University who specializes in analytical research on trading strategies.The Securities and Exchange Commission could investigate whether Mr. Cohen had a plan to sell before he filed the Aug. 16 update that he should have disclosed, according to former regulators and law professors who specialize in securities law. The SEC's enforcement division hasn't contacted him, according to a person familiar with the matter.\"The question here is at the time that Cohen filed that trivial update, had he firmed up his decision to sell?\" said Keith Higgins, a former director of the SEC division that oversees public-company disclosures. \"And if he did or if he had, that omission is problematic.\"A person familiar with Mr. Cohen's trading said his filings complied with rules, and he didn't make any offers or seek any prices for his Bed Bath & Beyond shares before making the Aug. 16 ownership disclosure update.Many large investors don't formulate written plans to buy or sell, to avoid triggering the requirement to update the ownership disclosure, said Adam Pritchard, a securities and corporate law professor at the University of Michigan. \"If you are properly lawyered, you don't have a plan until you decide you are going to sell,\" Mr. Pritchard said.Instead, activist investors typically disclose that they could either buy or sell, which they say satisfies their disclosure requirements while giving them room to change their minds, according to lawyers who practice in the area. In some cases, investors have disclosed plans to sell their stakes before trading.\"If his intent was to truly do nothing\" on the morning of Aug. 16, \"then that is a hard enforcement case,\" Mr. Mitts said. \"If I were the SEC, I would want really clear evidence that the trading decision had been made.\"The SEC sometimes brings enforcement actions when it believes investors have violated these rules. In 2008, regulators said Tracinda Corp., the holding company of famed investor Kirk Kerkorian, failed to properly reveal a plan to sell 28 million shares of General Motors Co. The settlement order said the 13D calls for determining \"whether additional disclosures are required before any such purchase or sale.\"Tracinda settled the enforcement action without paying a penalty.In another case settled two years ago, private-equity firm WCAS Management Corp. paid $100,000 to settle SEC claims that it failed to update its disclosures about a plan to take over Hanger Inc. The SEC said the private-equity firm should have filed the ownership-disclosure update once it \"had abandoned its interest in acquiring Hanger\" and formed a plan to sell its shares.Earlier this year, the SEC proposed a rule that would require investors to file updates to their ownership disclosure within one business day. The current rule says the form must be promptly updated; the SEC has never defined a prompt time frame, but its staff generally expects changes to be disclosed within several days, according to former regulators.The SEC declined to comment.Bed Bath & Beyond stock has lost more than half its value since Mr. Cohen sold his shares. The company has selected asset manager Sixth Street Partners, a Dallas-based firm that makes loans to troubled companies, to provide new financing. Some vendors have been pulling credit to the company in recent weeks, sources have told The Wall Street Journal.Some analysts say Mr. Cohen took advantage of the exuberance of those who favor speculative securities known as meme stocks. These investors, who call themselves \"apes,\" are among individuals who purchased a net $131 million of Bed Bath & Beyond shares on Aug. 16 and 17, according to Vanda Research. Filings show Mr. Cohen sold $178 million of the stock over that period.\"The apes have a target on their back,\" said Daniel Taylor, an accounting professor at the University of Pennsylvania's Wharton School of Business who studies insider trading. \"It's either the CEOs of the companies who are going to exploit that or these outside individuals like Ryan Cohen.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997197047,"gmtCreate":1661755715891,"gmtModify":1676536573556,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997197047","repostId":"9997190035","repostType":1,"repost":{"id":9997190035,"gmtCreate":1661754062629,"gmtModify":1676536573322,"author":{"id":"4113904591642392","authorId":"4113904591642392","name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"🥳Want to Get Somewhat “Free Money” like Buffet💵💵⁉️","htmlText":"Hello fellow 🐯🐯🐯, today I’m excited to share about a topic that I’ve been researching in the AUS &amp; US stock markets for several months now-Buying Stocks Based on Company Buyouts/Mergers.After Powell’s speech &amp; the market sell-offs, I think we all need something happy/optimistic for us to look forward to😅 &amp; I hope this post will help🤓😃🤔💭How Can We Get Somewhat “Free” Money like Warren Buffet💵💵💵⁉️⭐️⭐️⭐️ The strategy is simple: Buy stocks that has a company buyout/merger offer (with strong fundamentals of course), wait for the deal to close &amp; 🥳 pocket the difference between the offer price &amp; its current stock price‼️⭐️ With the market sell-offs, it might just be the right time to buy some of these stocks if they’re going at a great price😉⭐️ Instead of looking at our red po","listText":"Hello fellow 🐯🐯🐯, today I’m excited to share about a topic that I’ve been researching in the AUS &amp; US stock markets for several months now-Buying Stocks Based on Company Buyouts/Mergers.After Powell’s speech &amp; the market sell-offs, I think we all need something happy/optimistic for us to look forward to😅 &amp; I hope this post will help🤓😃🤔💭How Can We Get Somewhat “Free” Money like Warren Buffet💵💵💵⁉️⭐️⭐️⭐️ The strategy is simple: Buy stocks that has a company buyout/merger offer (with strong fundamentals of course), wait for the deal to close &amp; 🥳 pocket the difference between the offer price &amp; its current stock price‼️⭐️ With the market sell-offs, it might just be the right time to buy some of these stocks if they’re going at a great price😉⭐️ Instead of looking at our red po","text":"Hello fellow 🐯🐯🐯, today I’m excited to share about a topic that I’ve been researching in the AUS & US stock markets for several months now-Buying Stocks Based on Company Buyouts/Mergers.After Powell’s speech & the market sell-offs, I think we all need something happy/optimistic for us to look forward to😅 & I hope this post will help🤓😃🤔💭How Can We Get Somewhat “Free” Money like Warren Buffet💵💵💵⁉️⭐️⭐️⭐️ The strategy is simple: Buy stocks that has a company buyout/merger offer (with strong fundamentals of course), wait for the deal to close & 🥳 pocket the difference between the offer price & its current stock price‼️⭐️ With the market sell-offs, it might just be the right time to buy some of these stocks if they’re going at a great price😉⭐️ Instead of looking at our red po","images":[{"img":"https://community-static.tradeup.com/news/1e4a2657bb3623a42c986397906d6a9f","width":"783","height":"812"},{"img":"https://community-static.tradeup.com/news/72c49fcfcfdf995c60752a4c980c72f7","width":"848","height":"860"},{"img":"https://community-static.tradeup.com/news/d94ef45ef96b5efebd3edca74892bb84","width":"1125","height":"1174"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997190035","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997194272,"gmtCreate":1661755672799,"gmtModify":1676536573542,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997194272","repostId":"2262118651","repostType":4,"repost":{"id":"2262118651","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1661750213,"share":"https://www.laohu8.com/m/news/2262118651?lang=&edition=full","pubTime":"2022-08-29 13:16","market":"us","language":"en","title":"Disney's New Pricing Magic: More Profit From Fewer Park Visitors","url":"https://stock-news.laohu8.com/highlight/detail?id=2262118651","media":"Dow Jones","summary":"Walt Disney used to call Disneyland his \"magic kingdom.\" These days, Walt Disney Co. has a new magic","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/a1c4cb6635c813100172f638ec1f4cfb\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/></p><p>Walt Disney used to call Disneyland his &#34;magic kingdom.&#34; These days, Walt Disney Co. has a new magic trick: wringing every last dollar out of each visitor to its profitable theme parks.</p><p>Over the past two years, as Florida&#39;s Walt Disney World Resort and Southern California&#39;s Disneyland Resort have emerged from the shadow of the coronavirus pandemic, the company has made a host of changes that have sent the cost of a visit to a Disney resort skyward.</p><p>The outcome is a bonanza for Disney: Even as the company limits the number of visitors and keeps attendance at its U.S. theme parks below prepandemic levels, they are generating record sales and profits.</p><p>The results reflect a major strategic shift on Disney&#39;s part, where the company is focused less on maximizing the quantity of visitors and more on increasing how much money each visitor spends, an approach the company refers to as yield management. Improving the visitor experience, the thinking goes, will prompt guests to spend more hours -- and therefore more money -- at the parks because they are having such a good time.</p><p>The biggest change in the past two years -- and the most lucrative for Disney -- is the introduction of a smartphone-app feature called Genie+ that costs $15 per person a day, on top of the price of admission, and allows parkgoers to skip the unreserved lines for some attractions, which the company refers to as &#34;standby.&#34; But Genie+ doesn&#39;t cover everything. To skip the standby lines at the most sought-after attractions, including some Star Wars and Guardians of the Galaxy-themed rides, reservations now cost an additional $10 to $17. Standby waits for popular attractions can last hours.</p><p>At the same time, many benefits that used to be free -- from parking for certain annual passholders to airport shuttles to MagicBand wristbands that serve as combination hotel-room keys and park passes -- have been eliminated or now come with a price. Disney has raised prices on hotel rooms, food and merchandise over the past year as inflation has climbed to record levels in the U.S.</p><p>Disney&#39;s theme-park pricing is determined by &#34;pure supply and demand,&#34; said a company spokeswoman. &#34;No different than airplanes, hotels or cruise ships.&#34;</p><p>In the quarter that ended Jan. 1, Disney&#39;s domestic parks set records in both quarterly revenue and operating income, then broke both of them six months later. For the quarter that ended July 2, the business unit that includes the theme parks also posted record revenue of $5.42 billion and record operating income of $1.65 billion.</p><p>Josh D&#39;Amaro, the chairman of Disney&#39;s parks, experiences and products division, said that the changes have given visitors more choice about how to spend their time and money at the parks, while at the same time making the parks &#34;extremely commercially successful.&#34;</p><p>In fiscal 2021, the first year that both of Disney&#39;s two main U.S. resorts had reopened following the worst of the coronavirus pandemic, attendance at Disney&#39;s U.S. parks fell by 17% compared with the previous year, the company reported, but per-capita spending by guests grew by 17%, or nearly three times the average annual growth rate during the previous decade. Disney doesn&#39;t disclose attendance for its theme parks.</p><p>At the same time, the changes driving the increases in revenue and profit have drawn the ire of what Disney calls &#34;legacy fans,&#34; or longtime parks loyalists, including annual passholders who feel they are being pushed to the side in favor of big-spending families taking once-a-year, or even a once-in-a-lifetime, vacations.</p><p>&#34;Disney has this love-hate relationship with annual passholders,&#34; said Len Testa, a computer scientist who runs Touring Plans, a travel company that offers apps to help visitors find deals and navigate their trips to Walt Disney World and publishes a popular guide to Disney theme parks.</p><p>On one hand, they provide a reliable source of revenue -- the investment bank UBS estimated early last year that annual passholders at Disneyland account for about one half of annual visits -- but on the other, annual passholders tend to spend less than other visitors per visit, Mr. Testa said.</p><p>A typical annual pass holder might ride only one ride during a visit, eat an ice cream cone and walk around for a few hours, taking up capacity that might otherwise be used by out-of-state visitors, Mr. Testa said.</p><p>&#34;Those people would have stayed all day,&#34; he said. &#34;They would have eaten multiple times in the restaurants, they may have stayed in the hotel. They would definitely be buying more merchandise.&#34;</p><p>Since its introduction in the fall of 2021, Genie+ has become an increasingly popular tool. About half of visitors to the parks pay for and use Genie+, Disney said in a recent conference call with Wall Street analysts. And of those who pay for Genie+, 70% say in post-visit surveys that they plan to do so again, Disney says.</p><p>Disney has stopped selling nearly all new annual passes to Disneyland and Walt Disney World and has done away with a host of free perks that annual passholders used to enjoy. Existing annual passholders can renew their passes, although earlier this month, the company raised the renewal price for its highest-tier annual passes to Disneyland by 14%, to $1,599 from $1,399, while at the same time introducing more blackout days when passholders can&#39;t visit, angering some of the park&#39;s most ardent fans.</p><p>The parks have grown considerably since Walt Disney World opened in 1971. Over the past decade, Disney has added rides based on popular franchises such as Star Wars, the Marvel Cinematic Universe, the Toy Story films and the 2009 film &#34;Avatar.&#34; A roller coaster at Magic Kingdom based on the Tron films is under construction.</p><p>The parks business has buoyed Disney&#39;s stock price and boosted financial results at a time when the company is losing billions on other businesses, like the popular but cost-heavy Disney+ streaming service.</p><p>Mr. D&#39;Amaro, the parks chief, is a 24-year veteran of the company who ran both Disneyland and Walt Disney World individually in previous roles.</p><p>He keeps a high profile with fans and employees, making frequent appearances at the parks outside of major events and posting about his visits on social media.</p><p>By contrast, his predecessor, Bob Chapek, who is now Disney&#39;s chief executive, walked the park grounds less frequently and wasn&#39;t as outgoing with visitors, according to Disney employees who worked under him.</p><p>On a recent, hourlong walk through Disneyland, Mr. D&#39;Amaro was stopped more than 20 times by visitors and cast members -- as Disney employees are known in company lingo -- who asked to take selfies with him and thanked him for his work. Mr. D&#39;Amaro has 144,000 followers on Instagram, where he posts pictures of himself inside the parks alongside costumed employees, riding roller coasters, brandishing lightsabers and eating soft-serve.</p><p>Mr. D&#39;Amaro said he&#39;s aware of the tension caused by rising prices and other changes, especially for annual passholders, but describes it as the inevitable result of progress, and insists that every change Disney has implemented at the parks is in service of improving visitors&#39; trips.</p><p>Other top Disney executives say the company is merely reacting to consumer behavior. &#34;Demand has not abated&#34; at the parks, Disney Chief Financial Officer Christine McCarthy told analysts in a conference call in August, explaining why the company wasn&#39;t considering opening up the parks to more days for annual passholders. The new reservation system has allowed the company to limit attendance without having to turn visitors away when the parks become overcrowded, as it occasionally did in previous years.</p><p>The company also points out that it offers frequent promotions, including discounted room rates at its hotels, packages that become more economical the more days a visitor spends at the park, and discounts for residents of Southern California and Florida.</p><p>Other theme-park operators are also reaping the benefits of increased guest spending. <a href=\"https://laohu8.com/S/SIX\">Six Flags Entertainment Corp</a>. and Cedar Fair LP, which operates Cedar Point in Ohio and Knott&#39;s Berry Farm in California, have both raised prices, while <a href=\"https://laohu8.com/S/SEAS\">SeaWorld Entertainment Inc.</a> implemented a 5% surcharge on food and beverages.</p><p>Sara Suvada, a Starbucks shift supervisor and barista from Auburn Hills, Mich., took her first trip to Walt Disney World in January, at the age of 42, along with her husband and 6-year-old daughter. She said the trip was the fulfillment of a fantasy from her childhood, when money was tight in her family.</p><p>The family spent around $5,000 -- most of it paid for by Ms. Suvada&#39;s in-laws -- on admission, meals and lodging at Disney&#39;s Saratoga Springs Resort. Ms. Suvada spent around $400 on souvenirs and concessions, while her husband told her he nearly maxed out his credit card on trinkets and snacks.</p><p>The memories made up for the price tag, though, she said. She cried when she saw Cinderella Castle for the first time. Her daughter loved riding the Space Mountain roller coaster and meeting her favorite princess, Tiana, from 2009&#39;s &#34;The Princess and the Frog.&#34; And the family savored tasting their first Dole Whip frozen treat. Ms. Suvada is already thinking about returning with her mother.</p><p>&#34;The memories are worth more than gold,&#34; she said. &#34;Even if I did suffer from overdraft fees once I got home, when the reality set in.&#34;</p><p>Some longtime fans who come to the park regularly, and aren&#39;t splurging on once-in-a-lifetime memories, complain about the new fees.</p><p>&#34;I just really resent the nickel-and-diming,&#34; said David Arone, a 50-year-old gym teacher and volleyball coach from Redondo Beach, Calif. Mr. Arone has been a Disneyland annual pass holder for five years, and says he visits the park more than 100 times a year, primarily because it reminds him of his best childhood friend, a Disney superfan who died of a heart attack in 2013.</p><p>“I know it sounds hokey, but every time I go, I feel like he’s there with me,” Mr. Arone said of his friend. Most visits, he doesn’t ride any attractions at all. Instead, he just walks around for a few hours, eats ice cream, watches fireworks and reminisces about visiting the park with his late friend.</p><p>But he chafes at recent changes. Previously, he could stop by Disneyland for a few hours after work any day he wanted. Now he can’t go on the growing number of blackout days for annual passholders.</p><p>On a recent visit, Mr. Arone sported a homemade T-shirt with the words “Chapek Killed The Magic” on it — a reference to Mr. Chapek, the CEO, who he blames for rising prices and other changes.</p><p>The company said annual passholders like Mr. Arone “are amongst our most special guests.”</p><p>This month, the company reported that ticket-price increases were offset by an “unfavorable attendance mix” at Disneyland, which many fans interpreted as a reference to annual passholders who typically spend less per visit than individual ticket-buyers. Fans recently started posting pictures of themselves at the parks on social media, wearing T-shirts reading “Unfavorable” in protest.</p><p>Disney said that “unfavorable mix” is financial parlance meant for investors, and “not a consumer term.”</p><p>In 2021, a Disneyland annual pass holder sued Disney, alleging that the company engaged in deceptive practices by artificially limiting how many of them could visit the park on certain days. In May, a U.S. District Court judge in California ruled that the suit could go forward. The plaintiff has said she is seeking class-action certification.</p><p>Even some customers who come on special annual visits say they are getting fed up with rising prices.</p><p>Renea Warren has made the pilgrimage to Walt Disney World nearly every year since 2001. But after tallying up the costs of this year’s vacation, the retail executive and mother of one said she has had enough.</p><p>On a nine-day family trip to Florida in late July with her mother and daughter, Ms. Warren tried to save money by spending just two days at Disney theme parks, instead of the usual four. Despite the family’s efforts, visits to Magic Kingdom and Epcot blew up their budget. Park passes set them back more than $800; food was about $200; and they dropped $300 on souvenirs.</p><p>Since Ms. Warren, who lives in Benton Harbor, Mich., owns a timeshare about 20 minutes’ drive from Walt Disney World, her family will likely return to central Florida next year, but they’ll consider rival attractions at Universal Studios Florida and SeaWorld, she said. Returning to Disney every year is no longer an option.</p><p>“Because of the astronomical expenses, I definitely think the magic is being taken away,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ddece4dde7a12f3dd97f5c7acc2ea5f5\" tg-width=\"700\" tg-height=\"560\" width=\"100%\" height=\"auto\"/><span>Out-of-town tourists tend to dine more at Disneyland and Walt Disney World restaurants than annual passholders.</span></p><p>The Genie+ app feature replaced a system known as FastPass that used to come free with any ticket sold at Disneyland or Walt Disney World. The new service—along with a free version, known simply as Genie—does more than make Disney money: It also helps the parks’ operators direct traffic and spread people around the parks more evenly, to reduce waiting times overall, and upsell visitors by offering them promotions on food, merchandise and ride-reservation fees.</p><p>Each park has an operation center with a “heat map” that tracks where Genie+ users are in the parks using GPS technology. Park operators can direct traffic using the app by notifying visitors where the shortest lines are and offering food and merchandise promotions to cajole them to other areas.</p><p>“If I’m seeing too much activity on the west side, I’m able to spread where I direct people to the east side,” Mr. D’Amaro said. “Our attractions will be load-balanced better, and lines will be shorter, and what that means is the experience will be better.”</p><p>In an analysis for The Wall Street Journal, Touring Plans analyzed room prices, including taxes, at three popular Walt Disney World hotels over the past decade, and found increases that far outpaced inflation, which in July hit a record high of 9.1%.</p><p>At Pop Century, a “value” hotel at the Orlando resort, the cheapest room rate rose to $168 this year from $95 in 2013. At the deluxe Animal Kingdom Lodge, a standard room now costs as much as $790 a night, versus up to $486 a decade ago.</p><p>Prices for tickets and certain food items have also climbed faster than inflation over the past decade, the Touring Plans analysis found. Disney fan blogs have noted that classic purchases at Disney parks, including the pineapple Dole Whip frozen treat ($5.99 last year, $6.99 this year at some locations) and studded Mickey Mouse-ears headbands ($29.99 last summer, now $39.99) are quickly getting costlier, outpacing inflation.</p><p>In other cases, Disney has curtailed benefits. Guests staying at Disney-owned and certain other hotels at Walt Disney World before Covid could avail themselves of Extra Magic Hours, during which hotel guests could enter certain theme parks early or stay at them later into the night.</p><p>Today, Disney offers early entry at all four of its Walt Disney World parks each day to hotel guests, but only for 30 minutes; before the pandemic, it offered an hour of early admission, but only every other day. Evening extended hours are now only available to visitors staying at the most-expensive “deluxe” tier of hotels.</p><p>Disney says some guests prefer the new arrangement.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27dc0d0d2ff25c603de836bbc848a3dd\" tg-width=\"1260\" tg-height=\"1008\" width=\"100%\" height=\"auto\"/><span>Room rates at some Disney World hotels have risen faster than inflation, according to an analysis for The Wall Street Journal.</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/85f8a1d22a244c979764798bc617bbbd\" tg-width=\"1260\" tg-height=\"1008\" width=\"100%\" height=\"auto\"/><span>Disney World discontinued a free shuttle bus that took guests at its hotels to the Orlando airport.</span></p><p>Mariana Epperson, a 29-year-old mom from Kentucky who works as an account manager for a credit-ratings firm, spent part of her honeymoon at Disneyland, and Walt Disney World is the site of some of her final happy memories with her father, who died a few weeks after she took a trip there with her family in May.</p><p>“A lot of people will say, ‘Oh, I can go to Europe for cheaper,’ ” she said. “But Disney now holds the last really good memories of my dad, so for me it’s so important. I can always make more money.”</p><p>Even so, this summer, her husband told her he needed a break from the theme parks. They’ve visited Disney resorts six times since 2017, and the parks are getting way too expensive, she said. For their family vacation next year, they are thinking about a Disney cruise. Packages for three-night cruises from San Diego or Miami start at just over $1,000. An ocean-view cabin costs more. So do between-meal snacks and excursions ashore.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Disney's New Pricing Magic: More Profit From Fewer Park Visitors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDisney's New Pricing Magic: More Profit From Fewer Park Visitors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-08-29 13:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/a1c4cb6635c813100172f638ec1f4cfb\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/></p><p>Walt Disney used to call Disneyland his &#34;magic kingdom.&#34; These days, Walt Disney Co. has a new magic trick: wringing every last dollar out of each visitor to its profitable theme parks.</p><p>Over the past two years, as Florida&#39;s Walt Disney World Resort and Southern California&#39;s Disneyland Resort have emerged from the shadow of the coronavirus pandemic, the company has made a host of changes that have sent the cost of a visit to a Disney resort skyward.</p><p>The outcome is a bonanza for Disney: Even as the company limits the number of visitors and keeps attendance at its U.S. theme parks below prepandemic levels, they are generating record sales and profits.</p><p>The results reflect a major strategic shift on Disney&#39;s part, where the company is focused less on maximizing the quantity of visitors and more on increasing how much money each visitor spends, an approach the company refers to as yield management. Improving the visitor experience, the thinking goes, will prompt guests to spend more hours -- and therefore more money -- at the parks because they are having such a good time.</p><p>The biggest change in the past two years -- and the most lucrative for Disney -- is the introduction of a smartphone-app feature called Genie+ that costs $15 per person a day, on top of the price of admission, and allows parkgoers to skip the unreserved lines for some attractions, which the company refers to as &#34;standby.&#34; But Genie+ doesn&#39;t cover everything. To skip the standby lines at the most sought-after attractions, including some Star Wars and Guardians of the Galaxy-themed rides, reservations now cost an additional $10 to $17. Standby waits for popular attractions can last hours.</p><p>At the same time, many benefits that used to be free -- from parking for certain annual passholders to airport shuttles to MagicBand wristbands that serve as combination hotel-room keys and park passes -- have been eliminated or now come with a price. Disney has raised prices on hotel rooms, food and merchandise over the past year as inflation has climbed to record levels in the U.S.</p><p>Disney&#39;s theme-park pricing is determined by &#34;pure supply and demand,&#34; said a company spokeswoman. &#34;No different than airplanes, hotels or cruise ships.&#34;</p><p>In the quarter that ended Jan. 1, Disney&#39;s domestic parks set records in both quarterly revenue and operating income, then broke both of them six months later. For the quarter that ended July 2, the business unit that includes the theme parks also posted record revenue of $5.42 billion and record operating income of $1.65 billion.</p><p>Josh D&#39;Amaro, the chairman of Disney&#39;s parks, experiences and products division, said that the changes have given visitors more choice about how to spend their time and money at the parks, while at the same time making the parks &#34;extremely commercially successful.&#34;</p><p>In fiscal 2021, the first year that both of Disney&#39;s two main U.S. resorts had reopened following the worst of the coronavirus pandemic, attendance at Disney&#39;s U.S. parks fell by 17% compared with the previous year, the company reported, but per-capita spending by guests grew by 17%, or nearly three times the average annual growth rate during the previous decade. Disney doesn&#39;t disclose attendance for its theme parks.</p><p>At the same time, the changes driving the increases in revenue and profit have drawn the ire of what Disney calls &#34;legacy fans,&#34; or longtime parks loyalists, including annual passholders who feel they are being pushed to the side in favor of big-spending families taking once-a-year, or even a once-in-a-lifetime, vacations.</p><p>&#34;Disney has this love-hate relationship with annual passholders,&#34; said Len Testa, a computer scientist who runs Touring Plans, a travel company that offers apps to help visitors find deals and navigate their trips to Walt Disney World and publishes a popular guide to Disney theme parks.</p><p>On one hand, they provide a reliable source of revenue -- the investment bank UBS estimated early last year that annual passholders at Disneyland account for about one half of annual visits -- but on the other, annual passholders tend to spend less than other visitors per visit, Mr. Testa said.</p><p>A typical annual pass holder might ride only one ride during a visit, eat an ice cream cone and walk around for a few hours, taking up capacity that might otherwise be used by out-of-state visitors, Mr. Testa said.</p><p>&#34;Those people would have stayed all day,&#34; he said. &#34;They would have eaten multiple times in the restaurants, they may have stayed in the hotel. They would definitely be buying more merchandise.&#34;</p><p>Since its introduction in the fall of 2021, Genie+ has become an increasingly popular tool. About half of visitors to the parks pay for and use Genie+, Disney said in a recent conference call with Wall Street analysts. And of those who pay for Genie+, 70% say in post-visit surveys that they plan to do so again, Disney says.</p><p>Disney has stopped selling nearly all new annual passes to Disneyland and Walt Disney World and has done away with a host of free perks that annual passholders used to enjoy. Existing annual passholders can renew their passes, although earlier this month, the company raised the renewal price for its highest-tier annual passes to Disneyland by 14%, to $1,599 from $1,399, while at the same time introducing more blackout days when passholders can&#39;t visit, angering some of the park&#39;s most ardent fans.</p><p>The parks have grown considerably since Walt Disney World opened in 1971. Over the past decade, Disney has added rides based on popular franchises such as Star Wars, the Marvel Cinematic Universe, the Toy Story films and the 2009 film &#34;Avatar.&#34; A roller coaster at Magic Kingdom based on the Tron films is under construction.</p><p>The parks business has buoyed Disney&#39;s stock price and boosted financial results at a time when the company is losing billions on other businesses, like the popular but cost-heavy Disney+ streaming service.</p><p>Mr. D&#39;Amaro, the parks chief, is a 24-year veteran of the company who ran both Disneyland and Walt Disney World individually in previous roles.</p><p>He keeps a high profile with fans and employees, making frequent appearances at the parks outside of major events and posting about his visits on social media.</p><p>By contrast, his predecessor, Bob Chapek, who is now Disney&#39;s chief executive, walked the park grounds less frequently and wasn&#39;t as outgoing with visitors, according to Disney employees who worked under him.</p><p>On a recent, hourlong walk through Disneyland, Mr. D&#39;Amaro was stopped more than 20 times by visitors and cast members -- as Disney employees are known in company lingo -- who asked to take selfies with him and thanked him for his work. Mr. D&#39;Amaro has 144,000 followers on Instagram, where he posts pictures of himself inside the parks alongside costumed employees, riding roller coasters, brandishing lightsabers and eating soft-serve.</p><p>Mr. D&#39;Amaro said he&#39;s aware of the tension caused by rising prices and other changes, especially for annual passholders, but describes it as the inevitable result of progress, and insists that every change Disney has implemented at the parks is in service of improving visitors&#39; trips.</p><p>Other top Disney executives say the company is merely reacting to consumer behavior. &#34;Demand has not abated&#34; at the parks, Disney Chief Financial Officer Christine McCarthy told analysts in a conference call in August, explaining why the company wasn&#39;t considering opening up the parks to more days for annual passholders. The new reservation system has allowed the company to limit attendance without having to turn visitors away when the parks become overcrowded, as it occasionally did in previous years.</p><p>The company also points out that it offers frequent promotions, including discounted room rates at its hotels, packages that become more economical the more days a visitor spends at the park, and discounts for residents of Southern California and Florida.</p><p>Other theme-park operators are also reaping the benefits of increased guest spending. <a href=\"https://laohu8.com/S/SIX\">Six Flags Entertainment Corp</a>. and Cedar Fair LP, which operates Cedar Point in Ohio and Knott&#39;s Berry Farm in California, have both raised prices, while <a href=\"https://laohu8.com/S/SEAS\">SeaWorld Entertainment Inc.</a> implemented a 5% surcharge on food and beverages.</p><p>Sara Suvada, a Starbucks shift supervisor and barista from Auburn Hills, Mich., took her first trip to Walt Disney World in January, at the age of 42, along with her husband and 6-year-old daughter. She said the trip was the fulfillment of a fantasy from her childhood, when money was tight in her family.</p><p>The family spent around $5,000 -- most of it paid for by Ms. Suvada&#39;s in-laws -- on admission, meals and lodging at Disney&#39;s Saratoga Springs Resort. Ms. Suvada spent around $400 on souvenirs and concessions, while her husband told her he nearly maxed out his credit card on trinkets and snacks.</p><p>The memories made up for the price tag, though, she said. She cried when she saw Cinderella Castle for the first time. Her daughter loved riding the Space Mountain roller coaster and meeting her favorite princess, Tiana, from 2009&#39;s &#34;The Princess and the Frog.&#34; And the family savored tasting their first Dole Whip frozen treat. Ms. Suvada is already thinking about returning with her mother.</p><p>&#34;The memories are worth more than gold,&#34; she said. &#34;Even if I did suffer from overdraft fees once I got home, when the reality set in.&#34;</p><p>Some longtime fans who come to the park regularly, and aren&#39;t splurging on once-in-a-lifetime memories, complain about the new fees.</p><p>&#34;I just really resent the nickel-and-diming,&#34; said David Arone, a 50-year-old gym teacher and volleyball coach from Redondo Beach, Calif. Mr. Arone has been a Disneyland annual pass holder for five years, and says he visits the park more than 100 times a year, primarily because it reminds him of his best childhood friend, a Disney superfan who died of a heart attack in 2013.</p><p>“I know it sounds hokey, but every time I go, I feel like he’s there with me,” Mr. Arone said of his friend. Most visits, he doesn’t ride any attractions at all. Instead, he just walks around for a few hours, eats ice cream, watches fireworks and reminisces about visiting the park with his late friend.</p><p>But he chafes at recent changes. Previously, he could stop by Disneyland for a few hours after work any day he wanted. Now he can’t go on the growing number of blackout days for annual passholders.</p><p>On a recent visit, Mr. Arone sported a homemade T-shirt with the words “Chapek Killed The Magic” on it — a reference to Mr. Chapek, the CEO, who he blames for rising prices and other changes.</p><p>The company said annual passholders like Mr. Arone “are amongst our most special guests.”</p><p>This month, the company reported that ticket-price increases were offset by an “unfavorable attendance mix” at Disneyland, which many fans interpreted as a reference to annual passholders who typically spend less per visit than individual ticket-buyers. Fans recently started posting pictures of themselves at the parks on social media, wearing T-shirts reading “Unfavorable” in protest.</p><p>Disney said that “unfavorable mix” is financial parlance meant for investors, and “not a consumer term.”</p><p>In 2021, a Disneyland annual pass holder sued Disney, alleging that the company engaged in deceptive practices by artificially limiting how many of them could visit the park on certain days. In May, a U.S. District Court judge in California ruled that the suit could go forward. The plaintiff has said she is seeking class-action certification.</p><p>Even some customers who come on special annual visits say they are getting fed up with rising prices.</p><p>Renea Warren has made the pilgrimage to Walt Disney World nearly every year since 2001. But after tallying up the costs of this year’s vacation, the retail executive and mother of one said she has had enough.</p><p>On a nine-day family trip to Florida in late July with her mother and daughter, Ms. Warren tried to save money by spending just two days at Disney theme parks, instead of the usual four. Despite the family’s efforts, visits to Magic Kingdom and Epcot blew up their budget. Park passes set them back more than $800; food was about $200; and they dropped $300 on souvenirs.</p><p>Since Ms. Warren, who lives in Benton Harbor, Mich., owns a timeshare about 20 minutes’ drive from Walt Disney World, her family will likely return to central Florida next year, but they’ll consider rival attractions at Universal Studios Florida and SeaWorld, she said. Returning to Disney every year is no longer an option.</p><p>“Because of the astronomical expenses, I definitely think the magic is being taken away,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ddece4dde7a12f3dd97f5c7acc2ea5f5\" tg-width=\"700\" tg-height=\"560\" width=\"100%\" height=\"auto\"/><span>Out-of-town tourists tend to dine more at Disneyland and Walt Disney World restaurants than annual passholders.</span></p><p>The Genie+ app feature replaced a system known as FastPass that used to come free with any ticket sold at Disneyland or Walt Disney World. The new service—along with a free version, known simply as Genie—does more than make Disney money: It also helps the parks’ operators direct traffic and spread people around the parks more evenly, to reduce waiting times overall, and upsell visitors by offering them promotions on food, merchandise and ride-reservation fees.</p><p>Each park has an operation center with a “heat map” that tracks where Genie+ users are in the parks using GPS technology. Park operators can direct traffic using the app by notifying visitors where the shortest lines are and offering food and merchandise promotions to cajole them to other areas.</p><p>“If I’m seeing too much activity on the west side, I’m able to spread where I direct people to the east side,” Mr. D’Amaro said. “Our attractions will be load-balanced better, and lines will be shorter, and what that means is the experience will be better.”</p><p>In an analysis for The Wall Street Journal, Touring Plans analyzed room prices, including taxes, at three popular Walt Disney World hotels over the past decade, and found increases that far outpaced inflation, which in July hit a record high of 9.1%.</p><p>At Pop Century, a “value” hotel at the Orlando resort, the cheapest room rate rose to $168 this year from $95 in 2013. At the deluxe Animal Kingdom Lodge, a standard room now costs as much as $790 a night, versus up to $486 a decade ago.</p><p>Prices for tickets and certain food items have also climbed faster than inflation over the past decade, the Touring Plans analysis found. Disney fan blogs have noted that classic purchases at Disney parks, including the pineapple Dole Whip frozen treat ($5.99 last year, $6.99 this year at some locations) and studded Mickey Mouse-ears headbands ($29.99 last summer, now $39.99) are quickly getting costlier, outpacing inflation.</p><p>In other cases, Disney has curtailed benefits. Guests staying at Disney-owned and certain other hotels at Walt Disney World before Covid could avail themselves of Extra Magic Hours, during which hotel guests could enter certain theme parks early or stay at them later into the night.</p><p>Today, Disney offers early entry at all four of its Walt Disney World parks each day to hotel guests, but only for 30 minutes; before the pandemic, it offered an hour of early admission, but only every other day. Evening extended hours are now only available to visitors staying at the most-expensive “deluxe” tier of hotels.</p><p>Disney says some guests prefer the new arrangement.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27dc0d0d2ff25c603de836bbc848a3dd\" tg-width=\"1260\" tg-height=\"1008\" width=\"100%\" height=\"auto\"/><span>Room rates at some Disney World hotels have risen faster than inflation, according to an analysis for The Wall Street Journal.</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/85f8a1d22a244c979764798bc617bbbd\" tg-width=\"1260\" tg-height=\"1008\" width=\"100%\" height=\"auto\"/><span>Disney World discontinued a free shuttle bus that took guests at its hotels to the Orlando airport.</span></p><p>Mariana Epperson, a 29-year-old mom from Kentucky who works as an account manager for a credit-ratings firm, spent part of her honeymoon at Disneyland, and Walt Disney World is the site of some of her final happy memories with her father, who died a few weeks after she took a trip there with her family in May.</p><p>“A lot of people will say, ‘Oh, I can go to Europe for cheaper,’ ” she said. “But Disney now holds the last really good memories of my dad, so for me it’s so important. I can always make more money.”</p><p>Even so, this summer, her husband told her he needed a break from the theme parks. They’ve visited Disney resorts six times since 2017, and the parks are getting way too expensive, she said. For their family vacation next year, they are thinking about a Disney cruise. Packages for three-night cruises from San Diego or Miami start at just over $1,000. An ocean-view cabin costs more. So do between-meal snacks and excursions ashore.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4524":"宅经济概念","BK4570":"地缘局势概念股","BK4551":"寇图资本持仓","BK4108":"电影和娱乐","BK4017":"黄金","BK4561":"索罗斯持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4581":"高盛持仓","BK4550":"红杉资本持仓","NGD":"New Gold","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","DIS":"迪士尼"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262118651","content_text":"Walt Disney used to call Disneyland his \"magic kingdom.\" These days, Walt Disney Co. has a new magic trick: wringing every last dollar out of each visitor to its profitable theme parks.Over the past two years, as Florida's Walt Disney World Resort and Southern California's Disneyland Resort have emerged from the shadow of the coronavirus pandemic, the company has made a host of changes that have sent the cost of a visit to a Disney resort skyward.The outcome is a bonanza for Disney: Even as the company limits the number of visitors and keeps attendance at its U.S. theme parks below prepandemic levels, they are generating record sales and profits.The results reflect a major strategic shift on Disney's part, where the company is focused less on maximizing the quantity of visitors and more on increasing how much money each visitor spends, an approach the company refers to as yield management. Improving the visitor experience, the thinking goes, will prompt guests to spend more hours -- and therefore more money -- at the parks because they are having such a good time.The biggest change in the past two years -- and the most lucrative for Disney -- is the introduction of a smartphone-app feature called Genie+ that costs $15 per person a day, on top of the price of admission, and allows parkgoers to skip the unreserved lines for some attractions, which the company refers to as \"standby.\" But Genie+ doesn't cover everything. To skip the standby lines at the most sought-after attractions, including some Star Wars and Guardians of the Galaxy-themed rides, reservations now cost an additional $10 to $17. Standby waits for popular attractions can last hours.At the same time, many benefits that used to be free -- from parking for certain annual passholders to airport shuttles to MagicBand wristbands that serve as combination hotel-room keys and park passes -- have been eliminated or now come with a price. Disney has raised prices on hotel rooms, food and merchandise over the past year as inflation has climbed to record levels in the U.S.Disney's theme-park pricing is determined by \"pure supply and demand,\" said a company spokeswoman. \"No different than airplanes, hotels or cruise ships.\"In the quarter that ended Jan. 1, Disney's domestic parks set records in both quarterly revenue and operating income, then broke both of them six months later. For the quarter that ended July 2, the business unit that includes the theme parks also posted record revenue of $5.42 billion and record operating income of $1.65 billion.Josh D'Amaro, the chairman of Disney's parks, experiences and products division, said that the changes have given visitors more choice about how to spend their time and money at the parks, while at the same time making the parks \"extremely commercially successful.\"In fiscal 2021, the first year that both of Disney's two main U.S. resorts had reopened following the worst of the coronavirus pandemic, attendance at Disney's U.S. parks fell by 17% compared with the previous year, the company reported, but per-capita spending by guests grew by 17%, or nearly three times the average annual growth rate during the previous decade. Disney doesn't disclose attendance for its theme parks.At the same time, the changes driving the increases in revenue and profit have drawn the ire of what Disney calls \"legacy fans,\" or longtime parks loyalists, including annual passholders who feel they are being pushed to the side in favor of big-spending families taking once-a-year, or even a once-in-a-lifetime, vacations.\"Disney has this love-hate relationship with annual passholders,\" said Len Testa, a computer scientist who runs Touring Plans, a travel company that offers apps to help visitors find deals and navigate their trips to Walt Disney World and publishes a popular guide to Disney theme parks.On one hand, they provide a reliable source of revenue -- the investment bank UBS estimated early last year that annual passholders at Disneyland account for about one half of annual visits -- but on the other, annual passholders tend to spend less than other visitors per visit, Mr. Testa said.A typical annual pass holder might ride only one ride during a visit, eat an ice cream cone and walk around for a few hours, taking up capacity that might otherwise be used by out-of-state visitors, Mr. Testa said.\"Those people would have stayed all day,\" he said. \"They would have eaten multiple times in the restaurants, they may have stayed in the hotel. They would definitely be buying more merchandise.\"Since its introduction in the fall of 2021, Genie+ has become an increasingly popular tool. About half of visitors to the parks pay for and use Genie+, Disney said in a recent conference call with Wall Street analysts. And of those who pay for Genie+, 70% say in post-visit surveys that they plan to do so again, Disney says.Disney has stopped selling nearly all new annual passes to Disneyland and Walt Disney World and has done away with a host of free perks that annual passholders used to enjoy. Existing annual passholders can renew their passes, although earlier this month, the company raised the renewal price for its highest-tier annual passes to Disneyland by 14%, to $1,599 from $1,399, while at the same time introducing more blackout days when passholders can't visit, angering some of the park's most ardent fans.The parks have grown considerably since Walt Disney World opened in 1971. Over the past decade, Disney has added rides based on popular franchises such as Star Wars, the Marvel Cinematic Universe, the Toy Story films and the 2009 film \"Avatar.\" A roller coaster at Magic Kingdom based on the Tron films is under construction.The parks business has buoyed Disney's stock price and boosted financial results at a time when the company is losing billions on other businesses, like the popular but cost-heavy Disney+ streaming service.Mr. D'Amaro, the parks chief, is a 24-year veteran of the company who ran both Disneyland and Walt Disney World individually in previous roles.He keeps a high profile with fans and employees, making frequent appearances at the parks outside of major events and posting about his visits on social media.By contrast, his predecessor, Bob Chapek, who is now Disney's chief executive, walked the park grounds less frequently and wasn't as outgoing with visitors, according to Disney employees who worked under him.On a recent, hourlong walk through Disneyland, Mr. D'Amaro was stopped more than 20 times by visitors and cast members -- as Disney employees are known in company lingo -- who asked to take selfies with him and thanked him for his work. Mr. D'Amaro has 144,000 followers on Instagram, where he posts pictures of himself inside the parks alongside costumed employees, riding roller coasters, brandishing lightsabers and eating soft-serve.Mr. D'Amaro said he's aware of the tension caused by rising prices and other changes, especially for annual passholders, but describes it as the inevitable result of progress, and insists that every change Disney has implemented at the parks is in service of improving visitors' trips.Other top Disney executives say the company is merely reacting to consumer behavior. \"Demand has not abated\" at the parks, Disney Chief Financial Officer Christine McCarthy told analysts in a conference call in August, explaining why the company wasn't considering opening up the parks to more days for annual passholders. The new reservation system has allowed the company to limit attendance without having to turn visitors away when the parks become overcrowded, as it occasionally did in previous years.The company also points out that it offers frequent promotions, including discounted room rates at its hotels, packages that become more economical the more days a visitor spends at the park, and discounts for residents of Southern California and Florida.Other theme-park operators are also reaping the benefits of increased guest spending. Six Flags Entertainment Corp. and Cedar Fair LP, which operates Cedar Point in Ohio and Knott's Berry Farm in California, have both raised prices, while SeaWorld Entertainment Inc. implemented a 5% surcharge on food and beverages.Sara Suvada, a Starbucks shift supervisor and barista from Auburn Hills, Mich., took her first trip to Walt Disney World in January, at the age of 42, along with her husband and 6-year-old daughter. She said the trip was the fulfillment of a fantasy from her childhood, when money was tight in her family.The family spent around $5,000 -- most of it paid for by Ms. Suvada's in-laws -- on admission, meals and lodging at Disney's Saratoga Springs Resort. Ms. Suvada spent around $400 on souvenirs and concessions, while her husband told her he nearly maxed out his credit card on trinkets and snacks.The memories made up for the price tag, though, she said. She cried when she saw Cinderella Castle for the first time. Her daughter loved riding the Space Mountain roller coaster and meeting her favorite princess, Tiana, from 2009's \"The Princess and the Frog.\" And the family savored tasting their first Dole Whip frozen treat. Ms. Suvada is already thinking about returning with her mother.\"The memories are worth more than gold,\" she said. \"Even if I did suffer from overdraft fees once I got home, when the reality set in.\"Some longtime fans who come to the park regularly, and aren't splurging on once-in-a-lifetime memories, complain about the new fees.\"I just really resent the nickel-and-diming,\" said David Arone, a 50-year-old gym teacher and volleyball coach from Redondo Beach, Calif. Mr. Arone has been a Disneyland annual pass holder for five years, and says he visits the park more than 100 times a year, primarily because it reminds him of his best childhood friend, a Disney superfan who died of a heart attack in 2013.“I know it sounds hokey, but every time I go, I feel like he’s there with me,” Mr. Arone said of his friend. Most visits, he doesn’t ride any attractions at all. Instead, he just walks around for a few hours, eats ice cream, watches fireworks and reminisces about visiting the park with his late friend.But he chafes at recent changes. Previously, he could stop by Disneyland for a few hours after work any day he wanted. Now he can’t go on the growing number of blackout days for annual passholders.On a recent visit, Mr. Arone sported a homemade T-shirt with the words “Chapek Killed The Magic” on it — a reference to Mr. Chapek, the CEO, who he blames for rising prices and other changes.The company said annual passholders like Mr. Arone “are amongst our most special guests.”This month, the company reported that ticket-price increases were offset by an “unfavorable attendance mix” at Disneyland, which many fans interpreted as a reference to annual passholders who typically spend less per visit than individual ticket-buyers. Fans recently started posting pictures of themselves at the parks on social media, wearing T-shirts reading “Unfavorable” in protest.Disney said that “unfavorable mix” is financial parlance meant for investors, and “not a consumer term.”In 2021, a Disneyland annual pass holder sued Disney, alleging that the company engaged in deceptive practices by artificially limiting how many of them could visit the park on certain days. In May, a U.S. District Court judge in California ruled that the suit could go forward. The plaintiff has said she is seeking class-action certification.Even some customers who come on special annual visits say they are getting fed up with rising prices.Renea Warren has made the pilgrimage to Walt Disney World nearly every year since 2001. But after tallying up the costs of this year’s vacation, the retail executive and mother of one said she has had enough.On a nine-day family trip to Florida in late July with her mother and daughter, Ms. Warren tried to save money by spending just two days at Disney theme parks, instead of the usual four. Despite the family’s efforts, visits to Magic Kingdom and Epcot blew up their budget. Park passes set them back more than $800; food was about $200; and they dropped $300 on souvenirs.Since Ms. Warren, who lives in Benton Harbor, Mich., owns a timeshare about 20 minutes’ drive from Walt Disney World, her family will likely return to central Florida next year, but they’ll consider rival attractions at Universal Studios Florida and SeaWorld, she said. Returning to Disney every year is no longer an option.“Because of the astronomical expenses, I definitely think the magic is being taken away,” she said.Out-of-town tourists tend to dine more at Disneyland and Walt Disney World restaurants than annual passholders.The Genie+ app feature replaced a system known as FastPass that used to come free with any ticket sold at Disneyland or Walt Disney World. The new service—along with a free version, known simply as Genie—does more than make Disney money: It also helps the parks’ operators direct traffic and spread people around the parks more evenly, to reduce waiting times overall, and upsell visitors by offering them promotions on food, merchandise and ride-reservation fees.Each park has an operation center with a “heat map” that tracks where Genie+ users are in the parks using GPS technology. Park operators can direct traffic using the app by notifying visitors where the shortest lines are and offering food and merchandise promotions to cajole them to other areas.“If I’m seeing too much activity on the west side, I’m able to spread where I direct people to the east side,” Mr. D’Amaro said. “Our attractions will be load-balanced better, and lines will be shorter, and what that means is the experience will be better.”In an analysis for The Wall Street Journal, Touring Plans analyzed room prices, including taxes, at three popular Walt Disney World hotels over the past decade, and found increases that far outpaced inflation, which in July hit a record high of 9.1%.At Pop Century, a “value” hotel at the Orlando resort, the cheapest room rate rose to $168 this year from $95 in 2013. At the deluxe Animal Kingdom Lodge, a standard room now costs as much as $790 a night, versus up to $486 a decade ago.Prices for tickets and certain food items have also climbed faster than inflation over the past decade, the Touring Plans analysis found. Disney fan blogs have noted that classic purchases at Disney parks, including the pineapple Dole Whip frozen treat ($5.99 last year, $6.99 this year at some locations) and studded Mickey Mouse-ears headbands ($29.99 last summer, now $39.99) are quickly getting costlier, outpacing inflation.In other cases, Disney has curtailed benefits. Guests staying at Disney-owned and certain other hotels at Walt Disney World before Covid could avail themselves of Extra Magic Hours, during which hotel guests could enter certain theme parks early or stay at them later into the night.Today, Disney offers early entry at all four of its Walt Disney World parks each day to hotel guests, but only for 30 minutes; before the pandemic, it offered an hour of early admission, but only every other day. Evening extended hours are now only available to visitors staying at the most-expensive “deluxe” tier of hotels.Disney says some guests prefer the new arrangement.Room rates at some Disney World hotels have risen faster than inflation, according to an analysis for The Wall Street Journal.Disney World discontinued a free shuttle bus that took guests at its hotels to the Orlando airport.Mariana Epperson, a 29-year-old mom from Kentucky who works as an account manager for a credit-ratings firm, spent part of her honeymoon at Disneyland, and Walt Disney World is the site of some of her final happy memories with her father, who died a few weeks after she took a trip there with her family in May.“A lot of people will say, ‘Oh, I can go to Europe for cheaper,’ ” she said. “But Disney now holds the last really good memories of my dad, so for me it’s so important. I can always make more money.”Even so, this summer, her husband told her he needed a break from the theme parks. They’ve visited Disney resorts six times since 2017, and the parks are getting way too expensive, she said. For their family vacation next year, they are thinking about a Disney cruise. Packages for three-night cruises from San Diego or Miami start at just over $1,000. An ocean-view cabin costs more. So do between-meal snacks and excursions ashore.","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994544623,"gmtCreate":1661662472064,"gmtModify":1676536557747,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994544623","repostId":"1161837457","repostType":4,"repost":{"id":"1161837457","pubTimestamp":1661645647,"share":"https://www.laohu8.com/m/news/1161837457?lang=&edition=full","pubTime":"2022-08-28 08:14","market":"us","language":"en","title":"Nvidia: Guidance Is A Game-Changer","url":"https://stock-news.laohu8.com/highlight/detail?id=1161837457","media":"Seeking Alpha","summary":"SummaryMassive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.Revenue guida","content":"<html><head></head><body><p>Summary</p><ul><li>Massive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.</li><li>Revenue guidance for FQ3 was a real shocker as the outlook underperformed estimates by $1.0B.</li><li>Nvidia’s FY 2023 revenue estimates are set for a major downward revision.</li></ul><p>Nvidia (NASDAQ:NVDA) finally released highly anticipated earnings for its second fiscal quarter of FY 2023. Part of the earnings report card was the outlook for Nvidia&#39;s third fiscal quarter, which was significantly worse than expected. Nvidia is seeing a massiveslowdown in its Gaming business due to weakening demand and pricing for graphics processing units which have supported the chip maker&#39;s results last year. Because of the size of the expected revenue drop-off in FQ3&#39;23, Nvidia&#39;s shares are likely set to correct further to the downside!</p><p><b>Nvidia&#39;s FQ2&#39;23 earnings card was as expected</b></p><p>Nvidia&#39;s second quarter results largely conformed with the release of preliminary results from the beginning of August. Nvidia guided for $6.7B in FQ2 revenues due to a 33% year-over-year top line decrease in the Gaming segment. Actual revenues for Nvidia&#39;s FQ2&#39;23 were indeed $6.7B, showing 3% growth year-over-year, but also a 19% drop-off compared to FQ1. Unfortunately, Nvidia&#39;s gross margins collapsed in the second fiscal quarter to 45.9%, showing a decrease of 21.1 PP quarter-over-quarter. The drop in revenues and gross margins was overwhelmingly caused by the Gaming segment which reported, as expected, a 44% quarter-over-quarter drop in revenues due toweakening demand for GPUs and declining pricing strengthfor Nvidia&#39;s graphic cards. Weakening pricing for GPUsalso affected AMDin the last quarter, but Nvidia is more reliant on GPU sales than AMD and therefore more affected than its rival by the slowdown in the industry.</p><p><img src=\"https://static.tigerbbs.com/9690c900cda9585b16d72361723e11ca\" tg-width=\"909\" tg-height=\"274\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Nvidia: Final FQ2&#39;23 Results</p><p>Nvidia&#39;s Data Center revenues soared 61% year-over-year to $3.8B in FQ2 due to growing customer uptake of Nvidia&#39;s computing platforms that support data analysis and allow for the managing and scaling of artificial intelligence applications. Nvidia&#39;s Data Center business, because of the slowdown in the GPU segment, pulled ahead of Nvidia&#39;s Gaming segment regarding revenue generation in FQ2.</p><p>While Nvidia&#39;s Gaming business saw the biggest slowdown, the firm&#39;s &#39;OEM and Other&#39; business -- which includes the sale of dedicated cryptocurrency mining processors/CMPs -- also slumped. Nvidia&#39;s CMPs are used by cryptocurrency miners to validate transactions for proof of work cryptocurrencies like Ethereum (ETH-USD).</p><p>Nvidia doesn&#39;t break out how much of its OEM revenues are related to CMP sales, but crashing cryptocurrency prices in 2022 have not been good for business, obviously. Nvidia generated just $140M of OEM and Other revenues in FQ2, showing a decline of 66% year-over-year, due chiefly to decelerating demand for dedicated cryptocurrency mining processors. For those reasons, I don&#39;t see Nvidia developing its CMP business into a multi-billion dollar revenue opportunity, aspredicted previously, in the near term.</p><p><img src=\"https://static.tigerbbs.com/021fa94ce8462c4eecb6cdfc173dd154\" tg-width=\"1058\" tg-height=\"578\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Nvidia: Segment Revenue Trends</p><p><b>Nightmarish guidance</b></p><p>The most important piece of new information in Nvidia&#39;s release was the outlook for FQ3. Nvidia expects revenues of $5.90B plus or minus $118M, which would mark another 12% quarter-over-quarter decrease in consolidated revenues, which comes on top of the 19% quarter-over-quarter drop in revenues in FQ2. On an annualized basis, FQ3 revenues are down 29% compared to the beginning of the year, which marks a massive slowdown in Nvidia&#39;s business. The revenue downgrade for FQ3 occurred as Nvidia expects the Gaming industry to adjust to lower GPU demand and work throughhigh inventory levels. Nvidia&#39;s revenue guidance of $5.9B for FQ3 compares to aconsensus FQ3 estimate of $6.9B, meaning actual guidance was a massive $1.0B below the most recent revenue prediction.</p><p>I expected a sequential down-turn in revenues, led by Gaming, and projected FQ3 revenues to be between $6.0B to $6.2B, which reflected a sequential decline of up to 10%. Apparently, the situation in the Gaming industry is even more serious for Nvidia than expected, and it will affect how the market generates revenue estimates and values the stock going forward.</p><h3>My expectations for Nvidia going forward</h3><p>I expect Nvidia to continue to expand its Data Center business as demand for cloud computing, AI applications and hyper-scale platforms is only going to grow. However, I expect growth in this segment to be overshadowed by continual declines and pricing weakness in the Gaming segment. Worldwide PC shipments are expected to decline 9.5% (according toGartner) in 2022, but I believe the drop could be even larger if a deeper US recession were to bite.</p><p>Since there is no short-term solution to getting rid of high inventories in the PC industry, I expect pricing weakness in the GPU market to weigh on Nvidia&#39;s revenue potential. I also expect the pricing trend for both NVIDIA&#39;s GeForce RTX 30 and AMD&#39;s Radeon RX 6000 to remain negative, with larger discounts to the manufacturer&#39;s suggested retail price possible. Nvidia&#39;s RTX 30 GPU was available at a 9% discount to MSRP in July. Given the high inventory levels in the PC market paired with a drop-off in GPU demand, I expect Nvidia&#39;s flagship graphics card to trade at even higher discount to the MSRP going forward.</p><p>Because of the headwinds in the Gaming business, I expect Nvidia to generate about $27B in full-year revenues in FY 2023 (down from $28B), which means the chip maker could see no year-over-year growth whatsoever this year.</p><p><img src=\"https://static.tigerbbs.com/297c23d10b4798c94de6cfa3ff793b91\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>NVDA Revenue (Quarterly YoY Growth) data by YCharts</p><p><b>Estimate and valuation risk</b></p><p>Nvidia&#39;s revenue estimates are now going to reset after the chip maker submitted a seriously bad guidance for its third fiscal quarter. As analysts incorporate Nvidia&#39;s FQ3&#39;23 revenue guidance into their projections, Nvidia is likely going to see a massive, broad-based reduction for its FY 2023 revenue predictions. Since lofty revenue expectations have been used to justify Nvidia&#39;s generous valuation, a reset of expectations has the potential to drive a downward revaluation of Nvidia&#39;s shares.</p><p>Nvidia&#39;s shares dropped 4.6% after regular trading yesterday and, I believe, the drop does not accurately reflect the seriousness of the sequential revenue downgrade. Nvidia currently has a P-S ratio of 12.2x, and if revenue estimates continue to fall, the valuation factor may even increase.</p><p><img src=\"https://static.tigerbbs.com/92263effbea15a27a9d0154ceff211d1\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>NVDA Revenue Estimates for Current Fiscal Yeardata by YCharts</p><p><b>Other risks/considerations with Nvidia</b></p><p>I see two big risks for Nvidia at this point in time. The first one is that the slowdown in the GPU market may last for quite some time, meaning Nvidia may have to deal with slowing Gaming segment revenues for more than just one more quarter. This is because thePC market is in a declinewhich affects the shipment of Nvidia&#39;s GPUs. Secondly, revenue and earnings estimates, especially after the nightmarish guidance for FQ3&#39;23, will reflect a reset of growth expectations which in itself could lead Nvidia&#39;s shares into a new down-leg.</p><p><b>Final thoughts</b></p><p>Shares of Nvidia dropped 4.6% after the market closed, but I believe the sharpness of the expected revenue decline in FQ3 is not accurately reflected in this drop. The guidance truly is a game-changer because Nvidia&#39;s period of hyper-growth is ending.</p><p>Nvidia&#39;s outlook for FQ3&#39;23 revenues was $1.0B below expectations and the company is going through a major post-pandemic reset in the GPU market… which could affect Nvidia&#39;s valuation much more severely going forward. As estimates correct to the downside, Nvidia&#39;s valuation is set to experience more pressure!</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia: Guidance Is A Game-Changer</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\">\nNvidia: Guidance Is A Game-Changer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-28 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4537353-nvidia-nvda-guidance-game-changer><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMassive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.Revenue guidance for FQ3 was a real shocker as the outlook underperformed estimates by $1.0B.Nvidia’s FY 2023 ...</p>\n\n<a href=\"https://seekingalpha.com/article/4537353-nvidia-nvda-guidance-game-changer\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4537353-nvidia-nvda-guidance-game-changer","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161837457","content_text":"SummaryMassive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.Revenue guidance for FQ3 was a real shocker as the outlook underperformed estimates by $1.0B.Nvidia’s FY 2023 revenue estimates are set for a major downward revision.Nvidia (NASDAQ:NVDA) finally released highly anticipated earnings for its second fiscal quarter of FY 2023. Part of the earnings report card was the outlook for Nvidia's third fiscal quarter, which was significantly worse than expected. Nvidia is seeing a massiveslowdown in its Gaming business due to weakening demand and pricing for graphics processing units which have supported the chip maker's results last year. Because of the size of the expected revenue drop-off in FQ3'23, Nvidia's shares are likely set to correct further to the downside!Nvidia's FQ2'23 earnings card was as expectedNvidia's second quarter results largely conformed with the release of preliminary results from the beginning of August. Nvidia guided for $6.7B in FQ2 revenues due to a 33% year-over-year top line decrease in the Gaming segment. Actual revenues for Nvidia's FQ2'23 were indeed $6.7B, showing 3% growth year-over-year, but also a 19% drop-off compared to FQ1. Unfortunately, Nvidia's gross margins collapsed in the second fiscal quarter to 45.9%, showing a decrease of 21.1 PP quarter-over-quarter. The drop in revenues and gross margins was overwhelmingly caused by the Gaming segment which reported, as expected, a 44% quarter-over-quarter drop in revenues due toweakening demand for GPUs and declining pricing strengthfor Nvidia's graphic cards. Weakening pricing for GPUsalso affected AMDin the last quarter, but Nvidia is more reliant on GPU sales than AMD and therefore more affected than its rival by the slowdown in the industry.Nvidia: Final FQ2'23 ResultsNvidia's Data Center revenues soared 61% year-over-year to $3.8B in FQ2 due to growing customer uptake of Nvidia's computing platforms that support data analysis and allow for the managing and scaling of artificial intelligence applications. Nvidia's Data Center business, because of the slowdown in the GPU segment, pulled ahead of Nvidia's Gaming segment regarding revenue generation in FQ2.While Nvidia's Gaming business saw the biggest slowdown, the firm's 'OEM and Other' business -- which includes the sale of dedicated cryptocurrency mining processors/CMPs -- also slumped. Nvidia's CMPs are used by cryptocurrency miners to validate transactions for proof of work cryptocurrencies like Ethereum (ETH-USD).Nvidia doesn't break out how much of its OEM revenues are related to CMP sales, but crashing cryptocurrency prices in 2022 have not been good for business, obviously. Nvidia generated just $140M of OEM and Other revenues in FQ2, showing a decline of 66% year-over-year, due chiefly to decelerating demand for dedicated cryptocurrency mining processors. For those reasons, I don't see Nvidia developing its CMP business into a multi-billion dollar revenue opportunity, aspredicted previously, in the near term.Nvidia: Segment Revenue TrendsNightmarish guidanceThe most important piece of new information in Nvidia's release was the outlook for FQ3. Nvidia expects revenues of $5.90B plus or minus $118M, which would mark another 12% quarter-over-quarter decrease in consolidated revenues, which comes on top of the 19% quarter-over-quarter drop in revenues in FQ2. On an annualized basis, FQ3 revenues are down 29% compared to the beginning of the year, which marks a massive slowdown in Nvidia's business. The revenue downgrade for FQ3 occurred as Nvidia expects the Gaming industry to adjust to lower GPU demand and work throughhigh inventory levels. Nvidia's revenue guidance of $5.9B for FQ3 compares to aconsensus FQ3 estimate of $6.9B, meaning actual guidance was a massive $1.0B below the most recent revenue prediction.I expected a sequential down-turn in revenues, led by Gaming, and projected FQ3 revenues to be between $6.0B to $6.2B, which reflected a sequential decline of up to 10%. Apparently, the situation in the Gaming industry is even more serious for Nvidia than expected, and it will affect how the market generates revenue estimates and values the stock going forward.My expectations for Nvidia going forwardI expect Nvidia to continue to expand its Data Center business as demand for cloud computing, AI applications and hyper-scale platforms is only going to grow. However, I expect growth in this segment to be overshadowed by continual declines and pricing weakness in the Gaming segment. Worldwide PC shipments are expected to decline 9.5% (according toGartner) in 2022, but I believe the drop could be even larger if a deeper US recession were to bite.Since there is no short-term solution to getting rid of high inventories in the PC industry, I expect pricing weakness in the GPU market to weigh on Nvidia's revenue potential. I also expect the pricing trend for both NVIDIA's GeForce RTX 30 and AMD's Radeon RX 6000 to remain negative, with larger discounts to the manufacturer's suggested retail price possible. Nvidia's RTX 30 GPU was available at a 9% discount to MSRP in July. Given the high inventory levels in the PC market paired with a drop-off in GPU demand, I expect Nvidia's flagship graphics card to trade at even higher discount to the MSRP going forward.Because of the headwinds in the Gaming business, I expect Nvidia to generate about $27B in full-year revenues in FY 2023 (down from $28B), which means the chip maker could see no year-over-year growth whatsoever this year.NVDA Revenue (Quarterly YoY Growth) data by YChartsEstimate and valuation riskNvidia's revenue estimates are now going to reset after the chip maker submitted a seriously bad guidance for its third fiscal quarter. As analysts incorporate Nvidia's FQ3'23 revenue guidance into their projections, Nvidia is likely going to see a massive, broad-based reduction for its FY 2023 revenue predictions. Since lofty revenue expectations have been used to justify Nvidia's generous valuation, a reset of expectations has the potential to drive a downward revaluation of Nvidia's shares.Nvidia's shares dropped 4.6% after regular trading yesterday and, I believe, the drop does not accurately reflect the seriousness of the sequential revenue downgrade. Nvidia currently has a P-S ratio of 12.2x, and if revenue estimates continue to fall, the valuation factor may even increase.NVDA Revenue Estimates for Current Fiscal Yeardata by YChartsOther risks/considerations with NvidiaI see two big risks for Nvidia at this point in time. The first one is that the slowdown in the GPU market may last for quite some time, meaning Nvidia may have to deal with slowing Gaming segment revenues for more than just one more quarter. This is because thePC market is in a declinewhich affects the shipment of Nvidia's GPUs. Secondly, revenue and earnings estimates, especially after the nightmarish guidance for FQ3'23, will reflect a reset of growth expectations which in itself could lead Nvidia's shares into a new down-leg.Final thoughtsShares of Nvidia dropped 4.6% after the market closed, but I believe the sharpness of the expected revenue decline in FQ3 is not accurately reflected in this drop. The guidance truly is a game-changer because Nvidia's period of hyper-growth is ending.Nvidia's outlook for FQ3'23 revenues was $1.0B below expectations and the company is going through a major post-pandemic reset in the GPU market… which could affect Nvidia's valuation much more severely going forward. As estimates correct to the downside, Nvidia's valuation is set to experience more pressure!","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994803722,"gmtCreate":1661586724768,"gmtModify":1676536546987,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994803722","repostId":"2262977847","repostType":4,"repost":{"id":"2262977847","pubTimestamp":1661561509,"share":"https://www.laohu8.com/m/news/2262977847?lang=&edition=full","pubTime":"2022-08-27 08:51","market":"us","language":"en","title":"Why Investors Should Ignore the Fed, Interest Rates, and Most News","url":"https://stock-news.laohu8.com/highlight/detail?id=2262977847","media":"TheStreet","summary":"The stock market often makes big moves based on short-term news. When Jerome Powell mentions that in","content":"<html><head></head><body><p>The stock market often makes big moves based on short-term news. When Jerome Powell mentions that interest rates may continue to rise to combat inflation, the Dow and Nasdaq generally drop -- unless they don&#39;t because people expected worse or assume that the news was already priced into the market.</p><p>It&#39;s an inexact science where people make reactionary moves that send markets up or down based on some sort of prevailing wisdom. Basically, people take short-term news and conflate it to have long-term meaning.</p><p>The media -- of which I have been a member for roughly 30 years -- do not generally help calm the short-term hysteria.</p><p>People don&#39;t get paid to go on cable-news channels to express<b> </b>reasoned long-term opinions. They&#39;re supposed to fire off hot takes, which make it seem as if the Fed&#39;s rate move or the monthly jobs number has a huge<b> </b>impact on the stock market.</p><p>In reality, broader economic conditions clearly have an impact on individual stocks, but that&#39;s not nearly as simple as people would have you believe.</p><p>For example, a weakening economy might be worse for <a href=\"https://laohu8.com/S/AAPL\">Apple</a>  because people might be wary of buying expensive new phones. Or the same economy could benefit Apple because consumers will hold back on vacations, new cars, and other expensive purchases and spend on more-affordable luxuries like streaming TV, music, and fitness, or maybe even a new phone, which is a lot cheaper than many vacations.</p><h2>Short-Term Stock Market Moves Don&#39;t Much Matter</h2><p>A lot of people day-trade and try to guess how the market might perform day-to-day or even hour-to-hour. Long-term investors buy good companies and hold them for years. That&#39;s how the average person can build wealth, and it&#39;s a strategy that does not depend on you trying to figure out what Federal Reserve Chairman Jerome Powell&#39;s comment or any Fed move means at a micro level.</p><p>Instead, every news report is a piece of a bigger puzzle. Yes, the country&#39;s long-term financial health tells you things about how various companies will perform, but isolated data points generally mean very little.</p><p>If we go back to looking at Apple, for example, the company&#39;s quarterly earnings reports often show double-digit growth in every category -- and the stock price falls after the report. Sometimes that&#39;s because investors expected more or analysts didn&#39;t like the outlook management described. But you can&#39;t judge companies based on one quarter.</p><p>When you assess an earnings report, you have to compare it with the company&#39;s long-term road map. Did Apple, for example, grow service revenue, something the tech giant has been working on for years? Are long-term sales goals being met even if they&#39;re not happening in exactly the way the company thought they might?</p><p>For example, when Apple introduces the new iPhone, in September, sales may be front-loaded or people may wait a few weeks, until the holiday season, before they buy. In a broader sense, many customers may wait until their current phone gets paid off. It&#39;s a 12-month cycle where the destination, not how you get there, matters.</p><h2>So Much Noise, So Little News</h2><p>It&#39;s a 24-hour/7-day-a-week news cycle, and media outlets tied to that wheel can&#39;t tell you that what&#39;s happening in the moment is one data point of many, not a meaningful, actionable item on its own.</p><p>Higher interest rates, for example, mean higher mortgage rates, which in turn could slow the housing market and bring prices down (or at least slow their growth).</p><p>That&#39;s not a simple equation. Cheaper sale prices with higher mortgage rates might increase affordability for buyers but they also slow wealth creation for sellers.</p><p>Both are interesting data points when you look at lots of different stocks, but evaluating a company&#39;s prospects is much more about how its management executes a plan while adjusting for economic conditions.</p><p><a href=\"https://laohu8.com/S/PTON\">Peloton</a> and <a href=\"https://laohu8.com/S/NFLX\">Netflix</a>, for example, have taken very different approaches to the end of the pandemic-driven boom.</p><p>Netflix always talked about how it was pulling growth forward, warning that at some point there would be quarters with slight drops. The company explained how it would get more efficient with its content spending and focus on new areas like video games to drive growth.</p><p>You can believe that strategy will work -- I&#39;m bullish on more focused content spending and I think games are lighting money on fire. But how the company executes on its clearly explained strategy means a lot more to its future than an interest rate move or whether <a href=\"https://laohu8.com/S/DIS\">Disney</a> has an Avengers movie in theaters at this exact moment.</p><p>Peloton, for its part, has never really articulated a plan for a return to growth after the pandemic pushed forward its customer acquisition. Yes, the broader economy matters more to Peloton than it does to Netflix, but you should buy, sell, or ignore the company&#39;s stock based on whether you believe in its long-term business plan, not because the cost of financing a bike just got marginally more expensive.</p><p>The media want to keep things simple. That&#39;s why the weatherperson tells you it&#39;s going to snow, how much may fall, and what the temperature will be, not the underlying science that leads to those things happening.</p><p>It&#39;s easy to conflate single data points to stock market moves because when we get data, the market moves, but those moves don&#39;t actually speak to long-term performance.</p><p>When you consider investing in a company or selling a stock you own, look at as many data points as you can, and don&#39;t make blanket assumptions that higher interest rates or a weaker economy are bad (or good) for that company.</p><p>Remember that charts, numbers, expert opinions, and everything else are tools to help you understand the bigger picture. No one of them is the last word.</p></body></html>","source":"thestreet_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Investors Should Ignore the Fed, Interest Rates, and Most News</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Investors Should Ignore the Fed, Interest Rates, and Most News\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 08:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/why-investors-should-ignore-the-fed-interest-rates-and-most-news><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market often makes big moves based on short-term news. When Jerome Powell mentions that interest rates may continue to rise to combat inflation, the Dow and Nasdaq generally drop -- unless ...</p>\n\n<a href=\"https://www.thestreet.com/investing/why-investors-should-ignore-the-fed-interest-rates-and-most-news\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.thestreet.com/investing/why-investors-should-ignore-the-fed-interest-rates-and-most-news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262977847","content_text":"The stock market often makes big moves based on short-term news. When Jerome Powell mentions that interest rates may continue to rise to combat inflation, the Dow and Nasdaq generally drop -- unless they don't because people expected worse or assume that the news was already priced into the market.It's an inexact science where people make reactionary moves that send markets up or down based on some sort of prevailing wisdom. Basically, people take short-term news and conflate it to have long-term meaning.The media -- of which I have been a member for roughly 30 years -- do not generally help calm the short-term hysteria.People don't get paid to go on cable-news channels to express reasoned long-term opinions. They're supposed to fire off hot takes, which make it seem as if the Fed's rate move or the monthly jobs number has a huge impact on the stock market.In reality, broader economic conditions clearly have an impact on individual stocks, but that's not nearly as simple as people would have you believe.For example, a weakening economy might be worse for Apple  because people might be wary of buying expensive new phones. Or the same economy could benefit Apple because consumers will hold back on vacations, new cars, and other expensive purchases and spend on more-affordable luxuries like streaming TV, music, and fitness, or maybe even a new phone, which is a lot cheaper than many vacations.Short-Term Stock Market Moves Don't Much MatterA lot of people day-trade and try to guess how the market might perform day-to-day or even hour-to-hour. Long-term investors buy good companies and hold them for years. That's how the average person can build wealth, and it's a strategy that does not depend on you trying to figure out what Federal Reserve Chairman Jerome Powell's comment or any Fed move means at a micro level.Instead, every news report is a piece of a bigger puzzle. Yes, the country's long-term financial health tells you things about how various companies will perform, but isolated data points generally mean very little.If we go back to looking at Apple, for example, the company's quarterly earnings reports often show double-digit growth in every category -- and the stock price falls after the report. Sometimes that's because investors expected more or analysts didn't like the outlook management described. But you can't judge companies based on one quarter.When you assess an earnings report, you have to compare it with the company's long-term road map. Did Apple, for example, grow service revenue, something the tech giant has been working on for years? Are long-term sales goals being met even if they're not happening in exactly the way the company thought they might?For example, when Apple introduces the new iPhone, in September, sales may be front-loaded or people may wait a few weeks, until the holiday season, before they buy. In a broader sense, many customers may wait until their current phone gets paid off. It's a 12-month cycle where the destination, not how you get there, matters.So Much Noise, So Little NewsIt's a 24-hour/7-day-a-week news cycle, and media outlets tied to that wheel can't tell you that what's happening in the moment is one data point of many, not a meaningful, actionable item on its own.Higher interest rates, for example, mean higher mortgage rates, which in turn could slow the housing market and bring prices down (or at least slow their growth).That's not a simple equation. Cheaper sale prices with higher mortgage rates might increase affordability for buyers but they also slow wealth creation for sellers.Both are interesting data points when you look at lots of different stocks, but evaluating a company's prospects is much more about how its management executes a plan while adjusting for economic conditions.Peloton and Netflix, for example, have taken very different approaches to the end of the pandemic-driven boom.Netflix always talked about how it was pulling growth forward, warning that at some point there would be quarters with slight drops. The company explained how it would get more efficient with its content spending and focus on new areas like video games to drive growth.You can believe that strategy will work -- I'm bullish on more focused content spending and I think games are lighting money on fire. But how the company executes on its clearly explained strategy means a lot more to its future than an interest rate move or whether Disney has an Avengers movie in theaters at this exact moment.Peloton, for its part, has never really articulated a plan for a return to growth after the pandemic pushed forward its customer acquisition. Yes, the broader economy matters more to Peloton than it does to Netflix, but you should buy, sell, or ignore the company's stock based on whether you believe in its long-term business plan, not because the cost of financing a bike just got marginally more expensive.The media want to keep things simple. That's why the weatherperson tells you it's going to snow, how much may fall, and what the temperature will be, not the underlying science that leads to those things happening.It's easy to conflate single data points to stock market moves because when we get data, the market moves, but those moves don't actually speak to long-term performance.When you consider investing in a company or selling a stock you own, look at as many data points as you can, and don't make blanket assumptions that higher interest rates or a weaker economy are bad (or good) for that company.Remember that charts, numbers, expert opinions, and everything else are tools to help you understand the bigger picture. No one of them is the last word.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992905596,"gmtCreate":1661236766317,"gmtModify":1676536480847,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992905596","repostId":"2261542259","repostType":4,"repost":{"id":"2261542259","pubTimestamp":1661227323,"share":"https://www.laohu8.com/m/news/2261542259?lang=&edition=full","pubTime":"2022-08-23 12:02","market":"us","language":"en","title":"3 Stocks to Avoid This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2261542259","media":"Motley Fool","summary":"These investments seem pretty vulnerable right now.","content":"<html><head></head><body><p>Things turned out pretty well for my &#34;three stocks to avoid&#34; column last week. The three stocks I thought were going to lose to the market for the week -- <b>Tesla Motors</b>, <b>Bath &amp; Body Works</b>, and <b>AMTD Digital</b> -- fell 1%, 3%, and 11%, respectively, averaging out to a 5% decline.</p><p>The <b>S&amp;P 500</b> experienced a 1.2% move lower. I was right. I have now been correct in 29 of the past 44 weeks, or nearly two-thirds of the time.</p><p>Now let&#39;s look at the week ahead. I see <b>Baozun</b>, <b>La-Z-Boy</b>, and <b>Bed Bath &amp; Beyond</b> as stocks you may want to consider steering clear of this week. Let&#39;s go over my near-term concerns with all three investments.</p><h2><b>1. Baozun</b></h2><p>Providing e-commerce solutions in China for global brands isn&#39;t as juicy a business model for Baozun as it seemed a few years ago. China&#39;s been making enemies overseas, and the economy itself in the world&#39;s most populous nation is slowing. It reports fresh financials on Tuesday morning, and it&#39;s OK to be concerned.</p><p>Analysts see Baozun&#39;s revenue clocking in 19% lower for this week&#39;s second quarter than it did a year earlier. It sees a 71% plunge in earnings per share. Momentum hasn&#39;t been kind, as Baozun has fallen short of analyst expectations in two of the last three quarters. The stock did shoot higher last time out, but that was with just a 2% decline in revenue. The market was hopeful that Baozun&#39;s business shifting from first-party sales to higher-margin services and third-party sales would help improve its margins, but we&#39;re clearly seeing the bottom line going the wrong way.</p><h2><b>2. La-Z-Boy</b></h2><p>It&#39;s not just La-Z-Boy&#39;s signature chair that&#39;s reclining these days. The furniture maker is another company likely to see its business decline later this year. La-Z-Boy is expected to post its fifth consecutive quarter of double-digit percentage growth on the top line later this week, but analysts see the trend reversing as the fiscal year plays out.</p><p>We&#39;ve already seen manufacturers and retailers of home furnishings stumble this earnings season. Folks that loaded up on making their homes more comfortable in 2020 and 2021 have moved on in this inflationary environment. They were spending money on experiences outside of the home, and now they&#39;re just earmarking more money to pay for food. La-Z-Boy can&#39;t party like it&#39;s 2021 anymore.</p><h2><b>3. Bed Bath &amp; Beyond</b></h2><p>Shares of the home goods retailer plummeted 40% on Friday after a prolific meme stock investor cashed out of his position. With a major backer gone, Bed Bath &amp; Beyond is going to have to rest on its fundamentals -- and that&#39;s not very encouraging.</p><p>Bed Bath &amp; Beyond has rattled off four consecutive quarters of year-over-year revenue declines of at least 20%. This will be its fifth straight year of losses. This is not a sustainable business without the hype that Ryan Cohen brought to the table setting, and even after a 40% haircut, the shares are highly problematic at this point.</p><p>It&#39;s going to be a bumpy road for some of these investments. If you&#39;re looking for safe stocks, you aren&#39;t likely to find them in Baozun, La-Z-Boy, and Bed Bath &amp; Beyond this week.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks to Avoid This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Avoid This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-23 12:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/22/3-stocks-to-avoid-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Things turned out pretty well for my \"three stocks to avoid\" column last week. The three stocks I thought were going to lose to the market for the week -- Tesla Motors, Bath & Body Works, and AMTD ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/22/3-stocks-to-avoid-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LZB":"La-Z-Boy家具","BBBY":"3B家居","BZUN":"宝尊电商"},"source_url":"https://www.fool.com/investing/2022/08/22/3-stocks-to-avoid-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261542259","content_text":"Things turned out pretty well for my \"three stocks to avoid\" column last week. The three stocks I thought were going to lose to the market for the week -- Tesla Motors, Bath & Body Works, and AMTD Digital -- fell 1%, 3%, and 11%, respectively, averaging out to a 5% decline.The S&P 500 experienced a 1.2% move lower. I was right. I have now been correct in 29 of the past 44 weeks, or nearly two-thirds of the time.Now let's look at the week ahead. I see Baozun, La-Z-Boy, and Bed Bath & Beyond as stocks you may want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.1. BaozunProviding e-commerce solutions in China for global brands isn't as juicy a business model for Baozun as it seemed a few years ago. China's been making enemies overseas, and the economy itself in the world's most populous nation is slowing. It reports fresh financials on Tuesday morning, and it's OK to be concerned.Analysts see Baozun's revenue clocking in 19% lower for this week's second quarter than it did a year earlier. It sees a 71% plunge in earnings per share. Momentum hasn't been kind, as Baozun has fallen short of analyst expectations in two of the last three quarters. The stock did shoot higher last time out, but that was with just a 2% decline in revenue. The market was hopeful that Baozun's business shifting from first-party sales to higher-margin services and third-party sales would help improve its margins, but we're clearly seeing the bottom line going the wrong way.2. La-Z-BoyIt's not just La-Z-Boy's signature chair that's reclining these days. The furniture maker is another company likely to see its business decline later this year. La-Z-Boy is expected to post its fifth consecutive quarter of double-digit percentage growth on the top line later this week, but analysts see the trend reversing as the fiscal year plays out.We've already seen manufacturers and retailers of home furnishings stumble this earnings season. Folks that loaded up on making their homes more comfortable in 2020 and 2021 have moved on in this inflationary environment. They were spending money on experiences outside of the home, and now they're just earmarking more money to pay for food. La-Z-Boy can't party like it's 2021 anymore.3. Bed Bath & BeyondShares of the home goods retailer plummeted 40% on Friday after a prolific meme stock investor cashed out of his position. With a major backer gone, Bed Bath & Beyond is going to have to rest on its fundamentals -- and that's not very encouraging.Bed Bath & Beyond has rattled off four consecutive quarters of year-over-year revenue declines of at least 20%. This will be its fifth straight year of losses. This is not a sustainable business without the hype that Ryan Cohen brought to the table setting, and even after a 40% haircut, the shares are highly problematic at this point.It's going to be a bumpy road for some of these investments. If you're looking for safe stocks, you aren't likely to find them in Baozun, La-Z-Boy, and Bed Bath & Beyond this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998712238,"gmtCreate":1661056364526,"gmtModify":1676536446731,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998712238","repostId":"2260785313","repostType":4,"repost":{"id":"2260785313","pubTimestamp":1661045446,"share":"https://www.laohu8.com/m/news/2260785313?lang=&edition=full","pubTime":"2022-08-21 09:30","market":"us","language":"en","title":"No, There Is No New Short-Selling Champion in Tesla Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2260785313","media":"Barrons","summary":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manag","content":"<html><head></head><body><p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.</p><p>A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.</p><p>A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.</p><p>But that isn&#39;t really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.</p><p>Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That&#39;s a long way from $4.3 billion.</p><p>It wouldn&#39;t be a good idea, though. There isn&#39;t high probability that Tesla stock will drop about $100 in the final hour of trading Friday.</p><p>(There isn&#39;t much trading volume in those contracts. It&#39;s just an example.)</p><p>Deer Park Chief Investment Officer Scott Burg told Barron&#39;s the Tesla put-options position amounted to 0.1% of his portfolio. That isn&#39;t all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.</p><p>That isn&#39;t a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn&#39;t get into contract specifics, but said the position was closed profitably. The tiny position is already gone.</p><p>Profits aren&#39;t hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.</p><p>Burg doesn&#39;t consider himself a big Tesla bear. He&#39;s says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.</p><p>The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.</p><p>Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.</p><p>What&#39;s more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn&#39;t pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It&#39;s a bearish bet.)</p><p>A Tesla holder selling a $900 call option that expires in September gets about $44. That&#39;s almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.</p><p>There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.</p><p>However, options don&#39;t indicate with certainty how someone feels about the stock that underlies the options contract.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>No, There Is No New Short-Selling Champion in Tesla Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNo, There Is No New Short-Selling Champion in Tesla Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-21 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260785313","content_text":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.But that isn't really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That's a long way from $4.3 billion.It wouldn't be a good idea, though. There isn't high probability that Tesla stock will drop about $100 in the final hour of trading Friday.(There isn't much trading volume in those contracts. It's just an example.)Deer Park Chief Investment Officer Scott Burg told Barron's the Tesla put-options position amounted to 0.1% of his portfolio. That isn't all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.That isn't a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn't get into contract specifics, but said the position was closed profitably. The tiny position is already gone.Profits aren't hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.Burg doesn't consider himself a big Tesla bear. He's says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.What's more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn't pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It's a bearish bet.)A Tesla holder selling a $900 call option that expires in September gets about $44. That's almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.However, options don't indicate with certainty how someone feels about the stock that underlies the options contract.","news_type":1},"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998712326,"gmtCreate":1661056343167,"gmtModify":1676536446715,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998712326","repostId":"2260785313","repostType":4,"repost":{"id":"2260785313","pubTimestamp":1661045446,"share":"https://www.laohu8.com/m/news/2260785313?lang=&edition=full","pubTime":"2022-08-21 09:30","market":"us","language":"en","title":"No, There Is No New Short-Selling Champion in Tesla Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2260785313","media":"Barrons","summary":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manag","content":"<html><head></head><body><p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.</p><p>A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.</p><p>A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.</p><p>But that isn&#39;t really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.</p><p>Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That&#39;s a long way from $4.3 billion.</p><p>It wouldn&#39;t be a good idea, though. There isn&#39;t high probability that Tesla stock will drop about $100 in the final hour of trading Friday.</p><p>(There isn&#39;t much trading volume in those contracts. It&#39;s just an example.)</p><p>Deer Park Chief Investment Officer Scott Burg told Barron&#39;s the Tesla put-options position amounted to 0.1% of his portfolio. That isn&#39;t all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.</p><p>That isn&#39;t a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn&#39;t get into contract specifics, but said the position was closed profitably. The tiny position is already gone.</p><p>Profits aren&#39;t hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.</p><p>Burg doesn&#39;t consider himself a big Tesla bear. He&#39;s says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.</p><p>The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.</p><p>Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.</p><p>What&#39;s more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn&#39;t pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It&#39;s a bearish bet.)</p><p>A Tesla holder selling a $900 call option that expires in September gets about $44. That&#39;s almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.</p><p>There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.</p><p>However, options don&#39;t indicate with certainty how someone feels about the stock that underlies the options contract.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>No, There Is No New Short-Selling Champion in Tesla Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNo, There Is No New Short-Selling Champion in Tesla Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-21 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260785313","content_text":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.But that isn't really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That's a long way from $4.3 billion.It wouldn't be a good idea, though. There isn't high probability that Tesla stock will drop about $100 in the final hour of trading Friday.(There isn't much trading volume in those contracts. It's just an example.)Deer Park Chief Investment Officer Scott Burg told Barron's the Tesla put-options position amounted to 0.1% of his portfolio. That isn't all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.That isn't a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn't get into contract specifics, but said the position was closed profitably. The tiny position is already gone.Profits aren't hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.Burg doesn't consider himself a big Tesla bear. He's says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.What's more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn't pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It's a bearish bet.)A Tesla holder selling a $900 call option that expires in September gets about $44. That's almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.However, options don't indicate with certainty how someone feels about the stock that underlies the options contract.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998832800,"gmtCreate":1660963084707,"gmtModify":1676536431488,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998832800","repostId":"2260323630","repostType":4,"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991163545,"gmtCreate":1660790548589,"gmtModify":1676536400414,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991163545","repostId":"2260828546","repostType":4,"repost":{"id":"2260828546","pubTimestamp":1660789962,"share":"https://www.laohu8.com/m/news/2260828546?lang=&edition=full","pubTime":"2022-08-18 10:32","market":"us","language":"en","title":"The Pros And Cons Of Investing In Tesla Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2260828546","media":"Seeking Alpha","summary":"SummaryTesla is unique in its ability to foster tribal loyalty and opposition amongst the investor community.We simply assess it as we would any other stock - consider the financial fundamentals of th","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Tesla is unique in its ability to foster tribal loyalty and opposition amongst the investor community.</li><li>We simply assess it as we would any other stock - consider the financial fundamentals of the company, and consider the emotional behavior of the stock.</li><li>We remain of the view that Tesla can move up strongly from here, and we rate the stock at Accumulate accordingly.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd646daa99c5f24b2cfbb7b48ae2d49e\" tg-width=\"1080\" tg-height=\"617\" referrerpolicy=\"no-referrer\"/><span>MF3d</span></p><p>Forget That It&#39;s Called Tesla, Just Look At The Numbers And The Chart - Then Decide</p><p>A blessing and a curse has accompanied Tesla stock since knowledge of the name migrated beyond the tonier parts of Atherton and into the wider American investor community. And that blessing, that curse, is hoopla. Never a dull moment it seems. New products announced<i>way</i>before they can be manufactured at any kind of scale, new features announced before the underlying technology is viable, Twitter feuds, a feud<i>with</i>Twitter, it&#39;s exhausting.</p><p>Fortunately help is at hand. Want to get to grips with owning Tesla stock and working out whether that is a good idea for your capital or not? Just ignore all the hyperbole. Ignore all the Musk sideshows and ignore all the Musk fanbois and Musk haters. Because none of it matters. What matters is the same as matters for all stocks. In no particular order, one, the fundamental financial performance of the underlying company and, two, the emotive chart performance of the stock.</p><p>Let&#39;s first turn to Tesla&#39;s fundamental financial performance.</p><p><b>TSLA Financials - Key Metrics</b></p><p>Here are the numbers up to and including its Q2 report.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8250693e10d20012fb7ff39dfecb3ded\" tg-width=\"640\" tg-height=\"409\" referrerpolicy=\"no-referrer\"/><span>TSLA Financials (TSLA SEC Filings, YCharts.com, Cestrian Analysis)</span></p><p>Growth slowed in Q2 due to some combination of China Covid lockdowns, component supply shortages, and no doubt a modest demand hiatus influenced by inflation and recession fears in the US. In Q3 we want to see the company evidence no worsening of growth, but for now, those are the numbers. So you have a business with $67bn of revenue growing that revenue base in the 60-70% pa. range, whilst achieving a low double-digit unlevered pretax free cashflow margin. That is a rare achievement indeed. That it is achieved by a company with a heavy manufacturing base is still more remarkable. The balance sheet is a fortress, with $14.5bn net cash keeping the wolf from the door.</p><p><b>Tesla Valuation</b></p><p>The market is asking you to pay 14x TTM revenue, 59x TTM EBITDA or 123x TTM unlevered pretax FCF for Tesla. It&#39;s hard to argue that on pure financial fundamentals that&#39;s a bargain. It&#39;s not. If it&#39;s free cashflow yield you are looking for, look elsewhere. But if it&#39;s a valuation that is threshold acceptable as support for the technical opportunity the chart affords you? Different story.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30d528946a8f1b720fabad7236a73837\" tg-width=\"247\" tg-height=\"333\" referrerpolicy=\"no-referrer\"/><span>TSLA Valuation (YCharts.com, Cestrian Analysis)</span></p><p><b>Tesla Stock Chart</b></p><p>This is where things get really interesting from our perspective. Specifically<i>because</i>the company inspires such visceral reactions is what makes it an attractive stock. Whether you like to play it long or short, what you can count on with TSLA is volatility. Speaking for ourselves - both our professional ratings and our staff personal account holdings - we prefer to play TSLA long though we have dabbled with the occasional short position. Yes, it&#39;s true. You can in fact be emotion-neutral with TSLA if you don a lead helmet, ignore all opinions, switch off Twitter, and just deal with the facts and the chart in front of you.</p><p>Let&#39;s take a look at the chart in the larger degree.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dee51e98999fe94fafb5c07e41c0b44f\" tg-width=\"640\" tg-height=\"294\" referrerpolicy=\"no-referrer\"/><span>TSLA Chart (TrendSpider, Cestrian Analysis)</span></p><p>Here&#39;s how we see the TSLA chart and its prospects.</p><p>From the 2019 lows, the stock puts in a 5-wave up sequence that peaks with the other growth names, and indeed the market at large, in late 2021. This 5-wave sequence tracked rather well to key Fibonacci levels. Let&#39;s zoom in for a moment just to show that. (Full page version of this chart).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9157ed0a3de97357cd57a68b5845c6be\" tg-width=\"640\" tg-height=\"280\" referrerpolicy=\"no-referrer\"/><span>TSLA Chart II (TrendSpider)</span></p><p>The Wave 1 up retreats into a Wave 2 down troughing at the 0.786 retrace; textbook Wave 2. Then the Wave 3 - whilst a<i>huge</i>version thereof - peaks at precisely the 5.618 extension of the Wave 1. And so on. Now, the reason to show this is because it is evidence of the highly emotive nature of TSLA stock. Stocks don&#39;t move up to 5.618 extensions because the underlying company is growing quickly. They move up that far because they inspire all kinds of emotions to run high. And if a stock has generated that much investor emotion in the recent past, there&#39;s a good chance it does so in the near future, in our view. Which means we think that TSLA can trade well to Fibonacci levels going forward too.</p><p><b>Pros Of Buying Tesla Stock</b></p><p>The pros of buying Tesla stock are in our view:</p><p>1 - the stock trades unrestrained by fundamentals, unconstrained by the news, and instead moves purely with sentiment. This means that the level-headed investor or trader can take advantage of the crowd - and also,</p><p>2 - whilst it is true that other EVs are also available, Tesla&#39;s brand advantage and penchant for viral marketing means that the underlying fundamentals of the company do remain strong. That may change in the future; it may be that in the end Ford or GM swallow the beast as they did niche manufacturers a century back; but for now, Tesla remains the one to beat in EVs, and EVs remain the segment with the most consumer pull and government push.</p><p>Let&#39;s take a look at the pro case. Back to the charts in order to do so.</p><p>That 5-wave up sequence forms a larger-degree Wave One in our first chart above. Wave One starts in 2019 at around $45 (adjusted for the stock splits that have taken place since that time) and peaks late in 2021 at around $1,240. The larger-degree Wave Two that follows has bottomed out at a relatively shallow 0.5 retracement of that Wave One up. At first blush one could be forgiven for expecting a further drop - after all stock after stock has already put in 0.618 or 0.786 retracements of similar moves up. But that&#39;s rather the point. To our eye it looks like the 2022 bottom may well be in, because so many big-name stocks have bottomed out at those deep retracement levels. And we take that as evidence that maybe, <i>maybe</i>- TSLA has bottomed too.</p><p>If that&#39;s the case, and we&#39;re now in a larger-degree Wave Three up, then as a function of that nuts Wave One, technically - which is to say<i>emotionally -</i>we may reasonably expect the stock to run up from here to at least the top of the Wave 1 high, and more likely to the 100% extension of that Wave One. That means a bull target of $1,245 (minimum, if we&#39;re right) and a crazy ol&#39; bullrider target of $1,805 (that&#39;s the 100% extension). We don&#39;t need to talk about the fact that most likely a Wave Three terminates at the 1.618 extension of Wave One, because that would suggest a meth-addled crack-snorting bull target of $2,534, and, honestly? We don&#39;t have the time to handle all the comments if we slapped a $2,534 stock price target on the name. But, between us? The stock is perfectly capable of achieving that target, and the only reason to disbelieve the potential is if you have yet to free your mind, and you still think that stock prices are driven primarily by fundamentals or by the news. (If you want to apply some reverse neurolinguistic programming to that mental block, take a look at a post of ours from March this year.)</p><p><b>Cons Of Buying Tesla Stock</b></p><p>Well, this one is easy. Here&#39;s a bunch of reasons to not buy Tesla stock.</p><p>1 - The valuation. 122x unlevered pretax free cashflow. Give your grandparents a quick call and ask them whether they think you should buy a stock valued at 122x cashflow. (It will be a quick call).</p><p>2 - The hoopla. If you can&#39;t ignore the hoopla, if you are compelled to watch the Elon Musk show play out live on every media forum near you, well, that&#39;s exhausting, because if you&#39;re watching it then you can&#39;t help but wonder whether the latest move will undermine your investment in Tesla stock or not.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27c40bee112220ca265e7260ecc25af6\" tg-width=\"543\" tg-height=\"199\" referrerpolicy=\"no-referrer\"/><span>The Latest (Twitter)</span></p><p>Is that good for TSLA stock? Bad for TSLA stock? Will it make no difference? You already spent too much time thinking about it. You see the problem with hoopla.</p><p>3 - The competition. It&#39;s not like Ford and VW and everyone gave up. They are behind, but spending like crazy and nobody likes a show-off, so, assume they have Tesla well in their sights.</p><p>4 - The share sales by Elon Musk. Whatever the logic, they don&#39;t build investor confidence.</p><p>The bear opinion on Tesla is mainly emotional and we think that is all best ignored. If you want to read a well-reasoned bear take on the name, read this Seeking Alpha article. The author vomited all over our last bull piece on Tesla and then wrote this, which is good work. We don&#39;t agree with the conclusions - but it&#39;s good work. Take a look.</p><p><b>Is Tesla Stock Worth Investing In?</b></p><p>In our long-run investment work we adopt the Wyckoff Cycle model. We aim to slowly accumulate a position in a stock when it is beaten down, stop buying once a certain price is reached, sit back in anticipation of the markup cycle then lifting the stock, and then distributing once a high is reached. We can&#39;t claim to do this perfectly of course, but it has worked pretty well for us through the recent Covid lows, 2020-2021 markup period and then into the 2021 highs. We sold a bunch of high beta names as their 5-wave cycles topped late last year, both in our <i>Growth Investor Pro</i>service and in staff personal accounts. Right now we have been through a period of &#39;accumulate&#39; ratings in many high beta names and we seem to be moving into a markup period. Tesla has yet to move up and out of our accumulation price zone. If you go back to that first chart above, we think a viable way to invest in Tesla without taking on undue risk is:</p><p>Accumulate - meaning build up slowly over time - a position in that green &#39;Accumulation Zone&#39; box - let&#39;s call it between $624-$902 (yes those numbers are odd boundaries to pick - they represent the Fibonacci levels that define the zone for us). If the stock does move up then you can either just wait for a Wave Three to play out and sell as it nears those targets, and/or set a trailing stop on the way up. If the stock flames out, we believe that stops set in the region below say $610 (that&#39;s a little below the recent lows) are protective without being likely to get executed on a whim. The stock remains inside our Accumulation zone so we rate the stock at, er, Accumulate.</p><p>We have invested in the stock in staff personal accounts; we rate the stock at Accumulate on a professional basis; and we think the risk-reward balance is good if you take an approach similar to the above. So for us? Yes, Tesla is worth investing in. But then we don&#39;t watch the hoopla and we wear lead helmets to work every day. You&#39;ll make the right decision for you, as always.</p><p><i>This article was written by Cestrian Capital Research. </i><i>This article is for reference only.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Pros And Cons Of Investing In Tesla Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Pros And Cons Of Investing In Tesla Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-18 10:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4535187-pros-cons-investing-tesla-stock><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla is unique in its ability to foster tribal loyalty and opposition amongst the investor community.We simply assess it as we would any other stock - consider the financial fundamentals of ...</p>\n\n<a href=\"https://seekingalpha.com/article/4535187-pros-cons-investing-tesla-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4535187-pros-cons-investing-tesla-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260828546","content_text":"SummaryTesla is unique in its ability to foster tribal loyalty and opposition amongst the investor community.We simply assess it as we would any other stock - consider the financial fundamentals of the company, and consider the emotional behavior of the stock.We remain of the view that Tesla can move up strongly from here, and we rate the stock at Accumulate accordingly.MF3dForget That It's Called Tesla, Just Look At The Numbers And The Chart - Then DecideA blessing and a curse has accompanied Tesla stock since knowledge of the name migrated beyond the tonier parts of Atherton and into the wider American investor community. And that blessing, that curse, is hoopla. Never a dull moment it seems. New products announcedwaybefore they can be manufactured at any kind of scale, new features announced before the underlying technology is viable, Twitter feuds, a feudwithTwitter, it's exhausting.Fortunately help is at hand. Want to get to grips with owning Tesla stock and working out whether that is a good idea for your capital or not? Just ignore all the hyperbole. Ignore all the Musk sideshows and ignore all the Musk fanbois and Musk haters. Because none of it matters. What matters is the same as matters for all stocks. In no particular order, one, the fundamental financial performance of the underlying company and, two, the emotive chart performance of the stock.Let's first turn to Tesla's fundamental financial performance.TSLA Financials - Key MetricsHere are the numbers up to and including its Q2 report.TSLA Financials (TSLA SEC Filings, YCharts.com, Cestrian Analysis)Growth slowed in Q2 due to some combination of China Covid lockdowns, component supply shortages, and no doubt a modest demand hiatus influenced by inflation and recession fears in the US. In Q3 we want to see the company evidence no worsening of growth, but for now, those are the numbers. So you have a business with $67bn of revenue growing that revenue base in the 60-70% pa. range, whilst achieving a low double-digit unlevered pretax free cashflow margin. That is a rare achievement indeed. That it is achieved by a company with a heavy manufacturing base is still more remarkable. The balance sheet is a fortress, with $14.5bn net cash keeping the wolf from the door.Tesla ValuationThe market is asking you to pay 14x TTM revenue, 59x TTM EBITDA or 123x TTM unlevered pretax FCF for Tesla. It's hard to argue that on pure financial fundamentals that's a bargain. It's not. If it's free cashflow yield you are looking for, look elsewhere. But if it's a valuation that is threshold acceptable as support for the technical opportunity the chart affords you? Different story.TSLA Valuation (YCharts.com, Cestrian Analysis)Tesla Stock ChartThis is where things get really interesting from our perspective. Specificallybecausethe company inspires such visceral reactions is what makes it an attractive stock. Whether you like to play it long or short, what you can count on with TSLA is volatility. Speaking for ourselves - both our professional ratings and our staff personal account holdings - we prefer to play TSLA long though we have dabbled with the occasional short position. Yes, it's true. You can in fact be emotion-neutral with TSLA if you don a lead helmet, ignore all opinions, switch off Twitter, and just deal with the facts and the chart in front of you.Let's take a look at the chart in the larger degree.TSLA Chart (TrendSpider, Cestrian Analysis)Here's how we see the TSLA chart and its prospects.From the 2019 lows, the stock puts in a 5-wave up sequence that peaks with the other growth names, and indeed the market at large, in late 2021. This 5-wave sequence tracked rather well to key Fibonacci levels. Let's zoom in for a moment just to show that. (Full page version of this chart).TSLA Chart II (TrendSpider)The Wave 1 up retreats into a Wave 2 down troughing at the 0.786 retrace; textbook Wave 2. Then the Wave 3 - whilst ahugeversion thereof - peaks at precisely the 5.618 extension of the Wave 1. And so on. Now, the reason to show this is because it is evidence of the highly emotive nature of TSLA stock. Stocks don't move up to 5.618 extensions because the underlying company is growing quickly. They move up that far because they inspire all kinds of emotions to run high. And if a stock has generated that much investor emotion in the recent past, there's a good chance it does so in the near future, in our view. Which means we think that TSLA can trade well to Fibonacci levels going forward too.Pros Of Buying Tesla StockThe pros of buying Tesla stock are in our view:1 - the stock trades unrestrained by fundamentals, unconstrained by the news, and instead moves purely with sentiment. This means that the level-headed investor or trader can take advantage of the crowd - and also,2 - whilst it is true that other EVs are also available, Tesla's brand advantage and penchant for viral marketing means that the underlying fundamentals of the company do remain strong. That may change in the future; it may be that in the end Ford or GM swallow the beast as they did niche manufacturers a century back; but for now, Tesla remains the one to beat in EVs, and EVs remain the segment with the most consumer pull and government push.Let's take a look at the pro case. Back to the charts in order to do so.That 5-wave up sequence forms a larger-degree Wave One in our first chart above. Wave One starts in 2019 at around $45 (adjusted for the stock splits that have taken place since that time) and peaks late in 2021 at around $1,240. The larger-degree Wave Two that follows has bottomed out at a relatively shallow 0.5 retracement of that Wave One up. At first blush one could be forgiven for expecting a further drop - after all stock after stock has already put in 0.618 or 0.786 retracements of similar moves up. But that's rather the point. To our eye it looks like the 2022 bottom may well be in, because so many big-name stocks have bottomed out at those deep retracement levels. And we take that as evidence that maybe, maybe- TSLA has bottomed too.If that's the case, and we're now in a larger-degree Wave Three up, then as a function of that nuts Wave One, technically - which is to sayemotionally -we may reasonably expect the stock to run up from here to at least the top of the Wave 1 high, and more likely to the 100% extension of that Wave One. That means a bull target of $1,245 (minimum, if we're right) and a crazy ol' bullrider target of $1,805 (that's the 100% extension). We don't need to talk about the fact that most likely a Wave Three terminates at the 1.618 extension of Wave One, because that would suggest a meth-addled crack-snorting bull target of $2,534, and, honestly? We don't have the time to handle all the comments if we slapped a $2,534 stock price target on the name. But, between us? The stock is perfectly capable of achieving that target, and the only reason to disbelieve the potential is if you have yet to free your mind, and you still think that stock prices are driven primarily by fundamentals or by the news. (If you want to apply some reverse neurolinguistic programming to that mental block, take a look at a post of ours from March this year.)Cons Of Buying Tesla StockWell, this one is easy. Here's a bunch of reasons to not buy Tesla stock.1 - The valuation. 122x unlevered pretax free cashflow. Give your grandparents a quick call and ask them whether they think you should buy a stock valued at 122x cashflow. (It will be a quick call).2 - The hoopla. If you can't ignore the hoopla, if you are compelled to watch the Elon Musk show play out live on every media forum near you, well, that's exhausting, because if you're watching it then you can't help but wonder whether the latest move will undermine your investment in Tesla stock or not.The Latest (Twitter)Is that good for TSLA stock? Bad for TSLA stock? Will it make no difference? You already spent too much time thinking about it. You see the problem with hoopla.3 - The competition. It's not like Ford and VW and everyone gave up. They are behind, but spending like crazy and nobody likes a show-off, so, assume they have Tesla well in their sights.4 - The share sales by Elon Musk. Whatever the logic, they don't build investor confidence.The bear opinion on Tesla is mainly emotional and we think that is all best ignored. If you want to read a well-reasoned bear take on the name, read this Seeking Alpha article. The author vomited all over our last bull piece on Tesla and then wrote this, which is good work. We don't agree with the conclusions - but it's good work. Take a look.Is Tesla Stock Worth Investing In?In our long-run investment work we adopt the Wyckoff Cycle model. We aim to slowly accumulate a position in a stock when it is beaten down, stop buying once a certain price is reached, sit back in anticipation of the markup cycle then lifting the stock, and then distributing once a high is reached. We can't claim to do this perfectly of course, but it has worked pretty well for us through the recent Covid lows, 2020-2021 markup period and then into the 2021 highs. We sold a bunch of high beta names as their 5-wave cycles topped late last year, both in our Growth Investor Proservice and in staff personal accounts. Right now we have been through a period of 'accumulate' ratings in many high beta names and we seem to be moving into a markup period. Tesla has yet to move up and out of our accumulation price zone. If you go back to that first chart above, we think a viable way to invest in Tesla without taking on undue risk is:Accumulate - meaning build up slowly over time - a position in that green 'Accumulation Zone' box - let's call it between $624-$902 (yes those numbers are odd boundaries to pick - they represent the Fibonacci levels that define the zone for us). If the stock does move up then you can either just wait for a Wave Three to play out and sell as it nears those targets, and/or set a trailing stop on the way up. If the stock flames out, we believe that stops set in the region below say $610 (that's a little below the recent lows) are protective without being likely to get executed on a whim. The stock remains inside our Accumulation zone so we rate the stock at, er, Accumulate.We have invested in the stock in staff personal accounts; we rate the stock at Accumulate on a professional basis; and we think the risk-reward balance is good if you take an approach similar to the above. So for us? Yes, Tesla is worth investing in. But then we don't watch the hoopla and we wear lead helmets to work every day. You'll make the right decision for you, as always.This article was written by Cestrian Capital Research. This article is for reference only.","news_type":1},"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991081790,"gmtCreate":1660748765612,"gmtModify":1676536391516,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991081790","repostId":"1145675545","repostType":4,"repost":{"id":"1145675545","pubTimestamp":1660742957,"share":"https://www.laohu8.com/m/news/1145675545?lang=&edition=full","pubTime":"2022-08-17 21:29","market":"us","language":"en","title":"AMC’s CEO Will Do Whatever It Takes to Keep His Company a Meme Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=1145675545","media":"Bloomberg","summary":"For most movie fans, their dream selfie with a Hollywood star never quite materializes. But on a Fri","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/60d6c00a61a62e50a7c0c72dd49d67cc\" tg-width=\"1400\" tg-height=\"1050\" referrerpolicy=\"no-referrer\"/></p><p>For most movie fans, their dream selfie with a Hollywood star never quite materializes. But on a Friday night in June, Bruce and Deborah Cooke spotted one of their favorite movie heroes, just feet away. They moved in and asked for a photo.</p><p>Adam Aron, the chairman and chief executive officer ofAMC Entertainment Holdings Inc., greeted the couple warmly, making small talk as they arranged themselves for the camera. Bruce was dressed in slacks and a button-down. Deborah wore a striking green dress. “I put my arm around you, I go to jail,” Aron, who’s 67, playfully said to Deborah, who’s 55. Everyone laughed.</p><p>Three days earlier, Aron had announced on Twitter that he would personally be hosting a screening of Pixar’s new movie,<i>Lightyear</i>, at an AMC theater in Olathe, Kan. The Cookes, who together own a small mortgage company in Sacramento, had vowed on the spot to make the pilgrimage to Kansas.</p><p><img src=\"https://static.tigerbbs.com/26d2f8d2a68830ff364ec91c9beb7be7\" tg-width=\"600\" tg-height=\"800\" referrerpolicy=\"no-referrer\"/>The entire AMC saga meant so much to them. During the onset of the pandemic, when movie theaters were hastily shuttered, they bought their first batch of AMC stock. Moviegoing, they believed, would eventually bounce back. Plus, they thought it was cruel that a subset of investors were trying to force the company into bankruptcy. So the Cookes joined a legion of outsider traders, loosely organized on the Reddit forumr/wallstreetbets, who were swarming to AMC’s down-and-out stock, driving up its share price and sticking it to the skeptical short sellers and hedge funds betting big on the company’s failure. The Cookes recruited their loved ones to join them. “We got a lot of friends involved,” Deborah says.</p><p>On social media, people started calling their pugnacious tribe theAMC Apes, as in<i>Planet of the Apes</i>, the movie about a primate uprising. By Wall Street standards, they might be primitive, but they possessed power in numbers.</p><p>Better yet, they had a fearless leader atop AMC, an alpha CEO who grunted and roared on Twitter, throwing feces, so to speak, at their enemies (recurring hashtag: #LetThemEatCrow) and beating his chest every time a movie performed well at the box office (#CHOKEonTHAT). Aron hired Nicole Kidman tostar in several AMC promotionsand bellowed tirelessly about her bravura performance, dubbing the glamorous actor “the first lady of AMC.” The whole thing had a King-Kong-palming-a-fair-maiden vibe. The Apes were ecstatic.</p><p>Now, after a flight to Dallas, a four-hour drive to Tulsa, a break for the night, several more hours on the road, and another respite at a crummy hotel, the Cookes were right where they wanted to be, standing loyally at the Silverback’s side. After capturing their trophy shot, the California couple took their seats. With a few minutes left before the start of the previews, the place was far from full—a slightly ominous development, which the Cookes would later chalk up to “the bad guys,” aka the hedge funds, who they suspected had snapped up tickets and let them go unused to make AMC look bad. Anything to drive down the company’s share price. “There’s no telling what [they] will do,” Deborah says.</p><p>“He creates a sound, a song, a whistle from his pipe that will cause people to gravitate preferentially to whatever business in the sector that he is running”</p><p>At the front of the theater, Aron got up, gave a shoutout to the Apes, and acknowledged that the pandemic had been difficult. But the vaccines were working. Movies were storming back. “Our investors are passionate,” he said. “They like AMC as a company. They don’t think I’m that bad either. But most of all, they really want to see movie theaters survive.”</p><p>At first glance, Aron, who became CEO of AMC in 2016, might not seem like a natural candidate to lead a successful investor insurgency. For much of his career he worked as a well-compensated turnaround artist, the kind of mercenary operator with the right pedigree (Harvard Business School) and right demeanor (bombastically self-assured) who gets hired to fix up a faltering company and maybe sell it off at a nice markup. If anything, Aron seemed like a well-sharpened tool of the Wall Street establishment, not of the internet masses.</p><p>But the pandemic shook up the entertainment cosmos and exposed a surprising lack of leadership in Hollywood. Amid all the halted productions and scrambled release schedules, everyone looked around for somebody to rally the American people behind the movie industry. When no compelling candidates emerged from the studios or the streaming services, Aron charged headlong into the void.</p><p>He’s spent his entire career perfecting the art of stunt marketing and the science of customer loyalty programs. Ideal training, in other words, for this weird new zeitgeist in the business world, one that favors combative, incautious, performative CEOs (see:Musk, Elon) who can draw loyal swarms of fans online and compel them to buy their products, pump up their stock price, and troll their critics. “He has an almost Pied Piper-ish ability to attract people,” says Darryl Hartley-Leonard, former CEO of Hyatt Hotels Corp., who hired Aron at Hyatt in the 1980s. “He creates a sound, a song, a whistle from his pipe that will cause people to gravitate preferentially to whatever business in the sector that he is running.”</p><p>With AMC, that whistle has taken the form of meme-y membership schemes, free-for-all earnings calls, acomical stock ticker (APE), and the bizarre acquisition of a72,000-acre gold mine. Having narrowly navigated the company through the dark days of the early pandemic and taken his followers with him on a Hollywood blockbuster-worthy ride, Aron is now facing a much more fundamental challenge: holding the entire rickety, debt-laden enterprise together during a time of rising inflation, falling stocks, accelerating economic pressure, and a troop of Apes that might finally be questioning its alpha.<img src=\"https://static.tigerbbs.com/20522e4c8b6fbdb61e5f3ebad3fe7c6b\" tg-width=\"650\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>Mission control for Aron isn’t Los Angeles or New York or even Las Vegas.AMC’s headquartersis in Kansas. The offices are housed in a sleek, glass-clad structure in Leawood, a prosperous suburb of Kansas City. The heart of the building is an open, spacious “test seating area” that doubles as a gathering spot. Throughout the workday, staffers can grab a snack and watch whatever is playing on its jumbo screen, from the latest Hollywood trailers to an afternoon Royals game.</p><p>Beginning in 2016, employees would occasionally glance up and see cable news channels airing live interviews with their new CEO, who’d arrived right after fixing up and selling off Starwood Hotels &amp; Resorts Worldwide.</p><p>Aron typically shows up at a company looking as thoroughly distressed as the properties he’s swooping in to save. The strands of his comb-over meander across his head, sometimes losing a few stragglers en route. His wardrobe, friends and former colleagues note, is remarkably beaten up for a multimillionaire executive. Even on a sunny day, he can look like a man who just parachuted in through a tempest: suit wrinkled, tie stained, shirttail flapping in the wind.</p><p>When Aron took over AMC, the entire theater business was facing mounting pressure. Shopping malls, which had long enjoyed a rich, symbiotic relationship with AMC multiplexes, were losing customers to online retail, jeopardizing foot traffic to ticket booths. Meanwhile, American viewers were growing increasingly enchanted with streaming networks such as Netflix.</p><p>Not long after joining the company, Aron met with Wang Jianlin, head of the Dalian Wanda Group, a Chinese conglomerate, then the majority owner of AMC. He proceeded to show Wang a list he’d drawn up of 10 things to better position AMC for the future. One idea was to revamp its customer loyalty program, AMC Stubs. Another was to expand the company through acquisitions. Wang particularly liked the notion of supersizing AMC.</p><p>Aron soon embarked on a $3 billion buying spree, snapping up three major theater chains in the US and Europe. By the spring of 2017 he’d made AMC into a colossus, with more than 10,000 screens in 15 countries. Aron—who has a professional wrestling promoter’s penchant for speaking in grandiose, history-in-the-making superlatives—could now brag about AMC on a planetary scale. “The largest in the US, the largest in Europe, and the largest globally,” he says.</p><p>He threw himself into every aspect of the operations, spiffing up the company’s pre-movie promos; stiff-arming a startup,MoviePass Inc., that was elbowing into the loyalty rewards market for moviegoers; and flavor-jamming AMC’s food menu with the kind of flamboyance thatGuy Fierimight relish. Before long, Aron was touting AMC’s giant new pretzel, a salty 1.5-pound behemoth dubbed the Bavarian Legend.</p><p><img src=\"https://static.tigerbbs.com/b60a0ecf9ad876f2376ae392e6e04605\" tg-width=\"600\" tg-height=\"899\" referrerpolicy=\"no-referrer\"/>Aron at AMC’s headquarters in Leawood, Kan.Photographer: Shawn Brackbill for Bloomberg Businessweek</p><p>Although he was a relative newbie to the film industry, Aron had popcorn in his blood. In the 1930s his grandfather, a convivial, politically connected businessman, co-founded a successful company called Berlo Vending. Among other things, Berlo sold all the popcorn in all the movie theaters of eastern Pennsylvania. “By the time I came around, whatever family fortune there was had pretty much been squandered,” says Aron, who grew up in a middle-class Philadelphia suburb.</p><p>Like his father, an ad man who regularly acted in an amateur theater troupe, Aron gravitated to the spotlight. By high school he was a math whiz, hockey goalie, and hammy stage performer. His comedic speeches playing up the life-altering sacrifices he’d made on behalf of his classmates won him the office of class treasurer twice. Once, as president of his high school’s Key Club, he organized a fundraiser basketball game that went on for 100 straight hours—which, according to Aron, set a Guinness World Record. When he discovered a catalog that sold slightly aged Hollywood film reels by mail, he rallied friends to construct a plywood screen in their school’s auditorium, where they charged for showings of<i>Butch Cassidy and the Sundance Kid</i>,<i>Cool Hand Luke</i>, and, of course,<i>Planet of the Apes</i>. The money poured into the coffers of the senior class. “What he was like then is what he is like now,” says Aron’s high school buddy Ashton Carter, who decades later would serve as secretary of defense under Barack Obama. “He could always convince a diverse group of people to get behind his vision.”</p><p>After graduating from Harvard in three years, Aron stayed to get his MBA. He studied marketing, was elected co-president of the school’s transportation club, and was captain of the hockey team. While many of his peers beelined for the riches of Wall Street, he took a job with the airline Pan Am, which by 1979 was well past its glory years. A top executive, Stephen Wolf, was looking for someone who could create more loyalty among the airline’s dwindling customers. “The problem is that anybody who was semi-young and had half a brain had sensibly and correctly left Pan Am long ago,” recalls Wolf, who went on to become CEO of United Airlines. “I found Adam in the bowels of the organization somewhere.”</p><p>Aron concocted Pan Am’s first frequent-flyers club and suddenly found himself on the fast track. He’d go on to create or reengineer loyalty programs for Western Airlines (TravelPass); Hyatt Hotels (Gold Passport); United Airlines (MileagePlus); Norwegian Cruise Line (NCL Latitudes); Vail Resorts (Peaks); the Philadelphia 76ers (the Franklin Club)—and, eventually, AMC (Stubs). “Adam is a pioneer of loyalty management,” says high school pal Jeffrey Sonnenfeld, now a professor at the Yale School of Management.</p><p>In the late ’80s, Hyatt Hotels CEO Hartley-Leonard hired Aron to serve as a top marketing executive. “When he came in, he really was the most disheveled human being that you’d ever seen,” Hartley-Leonard says. “The problem with Adam is that his body is deformed such that his shirt doesn’t stay in his trousers.” Aron proved to be an unusually crafty marketer who generated ideas nonstop for winning over customers from rivals and for garnering free publicity, says his former boss. He also periodically mesmerized his colleagues with stunts, like the time he floated into an executive meeting on a custom-made dirigible. “Jay Pritzker [whose family owned Hyatt] turned to me and said, ‘What the f--- did this cost?’ ” Hartley-Leonard recalls. “I said, ‘Leave Adam alone. That’s who he is.’ ”</p><p>In 1996, Apollo Global Management Inc. was in the market for someone to turn around Vail Resorts, the ski resort operator. By the time Aron left that job 10 years later, he’d diversified the company’s business model and more than quintupled revenue. “Vail was transformative,” says Marc Rowan, Apollo’s billionaire CEO. “He did an unbelievable job.”</p><p>So much so that when Rowan’s partner, billionaire Apollo co-founder Joshua Harris, led a group of investors to acquire middling NBA team the 76ers in 2011, they installed Aron, a minority owner, to usher in a franchise turnaround. Of course, his first order of business was a barrage of promotional schemes. He made the team’s dance squad larger. He added Julius Erving as a consultant. He showered fans in confetti. And even though he’d step aside as CEO only two years later following another lousy season, he still left an Aron-shaped imprint on the franchise:“Big Bella,”the world’s largest T-shirt launcher, a cartoonishly massive, 600 pound, multibarrel leviathan that looks like something Mad Max might have mounted on a battle tank.</p><p><img src=\"https://static.tigerbbs.com/788e4b080973d8a9e6c27d08e72d96b3\" tg-width=\"800\" tg-height=\"534\" referrerpolicy=\"no-referrer\"/>The 2011 press conference to announce Apollo Global Management’s acquisition of the NBA’s Philadelphia 76ers. For two years, Aron was the team’s CEO.Photo: Getty Images</p><p>As the world locked down in 2020, Aron’s acquisition binge looked disastrous. AMC, saddled with $5 billion in debt, was forced to hastily shut down 1,000 theaters worldwide. He furloughed most of roughly 26,000 workers. “You know what they don’t teach in Harvard Business School?” he says. “The zero-revenue case.”</p><p>AMC warned in a filing that it was weeks away from running out of cash. Bankruptcy seemed imminent. But Aron harbored a deep, abiding dislike for what he calls “Bankruptcy Inc.” In his 30s he’d spent months fighting off the vulturous bankruptcy professionals hungrily circling Norwegian Cruise Line. At one point, he recalls indignantly, the CEO of rival Carnival Corp. predicted publicly that Norwegian would file for bankruptcy within months—but it never happened. “I’m very pleased to have proven him wrong,” Aron says.</p><p>Seven months into the pandemic, there were whispers on Wall Street and in the press that AMC could be filing for Chapter 11 any day. Aron scrambled to buy more time, renegotiating AMC’s rent payments with its landlords and looking for some way to ride out the pandemic disruptions.</p><p>Eventually he found a lifeline in Jason Mudrick, a lantern-jawed, poker-playing graduate of Harvard Law School, who runs Mudrick Capital Management LP, a $3.4 billion hedge fund specializing in distressed businesses. Unlike financial advisers and lawyers who make money on fees when a bankruptcy is filed, Mudrick’s firm loans money to companies facing near-death circumstances. If the company recovers, the capital is repaid handsomely. If not, the fund can seize collateral or control. In December 2020, Mudrick loaned AMC $100 million, receiving an equity stake in return. Other lenders followed.</p><p>News of the loans reached retail investors just as a strange new energy began coursing through Wall Street. Thanks to some combustible mix of pandemic-induced boredom, intemperance, and ingenuity, the meme-stock phenomenon was taking off. Day traders on Reddit were identifying downtrodden, heavily shorted stocks, then piling in collectively, pushing up the share price, and hyping the frenzy on social media to rope in more buyers. It had already happened with GameStop Corp.</p><p>Then it was AMC’s turn. From January to early June it soared from $2 to more than $62. Along the way, Aron seized on the freakish moment by issuing new equity at the heightened prices, replenishing AMC’s coffers.</p><p>By June 2021, 4 million retail investors had bought up more than 80% of the company’s shares. Aron knew from his years optimizing stunts and membership schemes that first you capture their attention, then you get them hooked. “It was just as true with our shareholders in the year 2021 as it was with airline passengers in 1981,” he says. So he designed a program that bridged the meme world with the real one: Buying AMC’s stock would get you movie-related perks.</p><p>With AMC Investor Connect, after purchasing the company’s shares and signing up for its existing Stubs rewards program, you’d be given access to discounts at theaters, invitations to movie screenings with Aron, and a free tub of popcorn. The new program may have seemed gauche to the traditional Wall Street crowd, but it gave an air of exclusivity to everyman investors, even if the benefits were fairly silly. By 2022 the program would swell to more than 700,000 members.</p><p>Aron with Kidman, whom he describes as “the first lady of AMC.”Source: Adam Aron</p><p>Meanwhile, Aron began doubling down on his new AMC persona. Dating back to his time with the 76ers, he’d been an active social media user, albeit with fewer followers and more mishaps. At an investor roundtable last year, he was briefly caught on Zoom untrousered, according to a participant. In June 2021 he was doing a remoteinterview with a YouTube market influencerwhen he accidentally bumped his webcam, which swiveled downward to reveal that, once again, he wasn’t wearing pants. Some AMC fans speculated that the YouTube incident was another one of Aron’s public-relations stunts. When asked about it, Aron declined to comment. “I would be the first to admit that I can be iconoclastic,” he says.</p><p>As his audience grew, he’d spend an hour a day on Twitter, reading feedback from the Apes and crafting truculent messages. He’d quote Winston Churchill on an earnings call—“We shall fight on the beaches, we shall fight on the landing grounds”—or retweet a depiction of himself wearing a chef’s hat, holding a cleaver, and standing over a dead crow. By lacing his act with combative emotion, Aron infused AMC fandom with the kind of fervent personal identification once reserved for political parties and sports teams. Any analyst who’d dare question AMC’s prospects could expect to receive a torrent of online vitriol, even death threats, from hismore than 268,000 Twitter followers.</p><p>While the Apes ate up his bellicose energy, continuing to buy up shares and vowing to hold them long-term, Aron and AMC’s other major investors began looking to cash out. With the stock riding high, everyone from the Dalian Wanda Group to Mudrick Capital to other top AMC executives were either selling off the bulk of their shares or eyeing the exits.</p><p>Aron wasn’t going to let the opportunity pass. He enjoyed the perks of swank living as much as the next scorekeeping CEO, buying and selling over the years a portfolio of luxury properties from Beaver Creek, Colo., to Miami Beach. On Nov. 10, 2021, he revealed that for “estate planning” purposes he was unloading 625,000 AMC shares worth $25 million. The following month, he sold an additional chunk for $9.65 million. The family popcorn fortune, once squandered, was now restored. “Many of his friends went off into consulting and investment banking,” says high school friend Sonnenfeld. “Those people made more money initially. But he’s closed the gap a lot.”</p><p><img src=\"https://static.tigerbbs.com/82b063380f89c7eca208a72fd34d0a9d\" tg-width=\"600\" tg-height=\"800\" referrerpolicy=\"no-referrer\"/>Aron with Mudrick at the Hycroft gold and silver mine in Nevada.</p><p>Around midnight on Sunday, March 13, after landing at a tiny two-runway airport in rural Nevada, Aron headed to a nearby Best Western to catch a few hours of sleep. Several days earlier he’d gotten a call from Mudrick, who pitched him on an opportunity for AMC that had nothing to do with the movie business. Mudrick’s hedge fund owned a stake inHycroft Mining Holding Corp., a struggling operation in northwestern Nevada. To remain solvent, the company needed a quick cash infusion to appease its lenders. He wanted to know if AMC wanted in on a literal gold mine.</p><p>Although Aron was familiar with a long list of industries, mining wasn’t one of them. But he was an expert at financial engineering, not to mention the strange metallurgy of transforming a business crisis into a windfall—and a spectacle. In recent months he’d been toying with diversifying AMC beyond theaters. There were plans to sell movie-themed merchandise, AMC-branded nonfungible tokens (NFTs), and, maybe someday, a branded credit card and cryptocurrency. Already in the works was AMC Perfectly Popcorn, which will be sold in supermarkets across the US next year. “Watch out, Orville Redenbacher,” he said on an earnings call on March 1.</p><p>Aron told Mudrick he was interested. The hedge fund executive explained that they’d have to move fast: They had five days before the cost of the deal would significantly increase. Hycroft’s share price was rising, and Nasdaq rules required Aron to buy his stake at a share price that averaged the previous five days’ trading levels.</p><p>So Mudrick corralled a jet in Teterboro, N.J., flew to Miami, picked up AMC Lead Director Philip Lader, then fetched Aron and AMC’s general counsel, Kevin Connor, who were on a work trip in Dallas. While in the air to Nevada, Mudrick and Aron batted around the numbers and dug into dinner. Mudrick ate a steak. Aron put away a seafood medley.</p><p>Now, at 6 a.m., they arose in the dark at the hotel and set off for the mine. They drove past Winnemucca, a long-in-the-tooth railroad town where Butch Cassidy had once robbed a bank and the cellphone service was abysmal. The sun rose over the Black Rock Desert, a Martian landscape of dry playas and craggy, arid mountains. After two hours they arrived at theHycroft Mine, a dusty archipelagoof geological debris, jumbo trucks, and gaping holes in the ground—a toddler’s idea of heaven. They squeezed into a temporary office, the only place in the vicinity with Wi-Fi. For the next several hours, Aron and Mudrick took turns persuading lenders and board members to approve the sale. They inked the deal with a few minutes to spare.</p><p>On March 15, when Aron announced that AMC was acquiring 22% of the largely dormant mine for $28 million, he got roughly the same reaction he’d triggered years earlier with his dirigible. Jaws dropped. Minds reeled. Somehow a recently distressed movie theater chain, saved by a hedge fund specializing in distressed lending, pumped up by retail investors profiting on distressed stocks, was now part owner of a distressed gold and silver mine, in a water-distressed pocket of the country, on a pandemic-distressed planet. The whole thing felt like a national parable. In America in 2022, distress was the new gold—or maybe fool’s gold. It was hard to say for certain.</p><p>Much of the press and most analysts derided the move as just another gimmick, while others opined that the money should’ve been used to pay down the company’s exorbitant debt. But on Twitter, Aron was busy retweeting memes of himself draped in gold chains. His rationale for the investment, he said: Only two years earlier, AMC was in free fall; now it could deploy everything it learned to another underdog business.</p><p>The loyal Apes followed him into the mineshaft, sending the penny stock sailing and netting AMC a $30 million profit. With the share price soaring, Hycroft took a page from the AMC playbook and offered more equity. Mudrick had initially hoped to raise $20 million. Thanks to the AMC bump, they wound up raising $200 million. Says Mudrick of Aron: “He could convince an Eskimo to buy ice.”</p><p>So what exactly is AMC at this point? A legacy theater chain with a penchant for shiny objects? A precious-metals multiplex exhibitor venture fund?</p><p>Last year, in a magnanimous gesture to the Apes, Aron tweaked the format of AMC’s quarterly earnings calls, allowing consumers to pose questions directly to the company’s brass. The inquiries of amateurs, he says, are often better than the ones from the professionals. “Not to be disrespectful to security analysts, but they often use earnings calls to build their financial models,” he says, segueing into an imitation of a squeaky-voiced analyst posing a tediously small-bore question.</p><p>The stroke of populism has annoyed some of the pros. “These are the most painful calls for me to listen to of any in my career,” says Hunter Martin, an analyst at Creditsights Inc., a research shop. “The rhetoric is … very us vs. them, retail investor and common man. That’s their narrative. To their credit, they’re talking about the things that are important to those people. But it comes at a cost to more traditional investors who want to hear the numbers.”</p><p><b>The Face That Launched a Thousand Memes</b></p><p>Aron’s fans will send him homemade memes of the CEO’s face hacked onto a movie poster, which he praises and tweets to his 268,000 Twitter followers</p><p><img src=\"https://static.tigerbbs.com/32e77d080b7c7f197793148442df6b6d\" tg-width=\"400\" tg-height=\"522\" referrerpolicy=\"no-referrer\"/>Source: Twitter<img src=\"https://static.tigerbbs.com/beabe7f722197aa352c08fde8d207cf2\" tg-width=\"400\" tg-height=\"602\" referrerpolicy=\"no-referrer\"/>Source: TwitterSource: Twitter</p><p>There may be good reason to create some distractions. In a recent report, Bloomberg Intelligence projected that the 2022 domestic box-office numbers will come in at $7.5 billion, a significant boost from 2021’s $4.5 billion—but still just 66% of pre-pandemic levels. Meanwhile, 2022 has been a brutal environment for media companies, whose stock prices have tumbled across the board. The studios that supply AMC with its primary product are all facing potentially severe cutbacks of their own. Keeping the Apes amped won’t be easy. “Regardless of a brighter outlook, we fear that the 4 million-plus retail investors who have driven a 2,000%-plus surge in the stock may flip and eventually cash out, prompting more volatility,” Bloomberg Intelligence noted late last year.</p><p>For much of the summer, AMC’s share price was hovering in the $12 to $17 range. On AMC fan boards, many Apes were itching for a new rally. For months there’d been chatter about the coming Mother of All Short Squeezes—a moment, it was foretold, when the Silverback would once again rear up and smite AMC’s enemies and somehow send the share price back up. As to the timing, everyone dug through the mud of Aron’s tweets looking for buried clues.</p><p>Without any clear signs of action, frustration was evident. At AMC’s annual meeting in June, shareholders rejected the company’s executive pay plan, which in 2021 rewarded Aron with $18.9 million in total compensation. “I don’t think any of them need more money yet,” says Deborah Cooke, the AMC superfan from the Kansas screening.</p><p>Aron shook off the intra-simian setback. During the same annual meeting in June, he told shareholders that AMC would be creating a $100 million fund to invest in other businesses. First came the gold mine; who knows what could be next. “There are a number of things that we looked at that we rejected, either because it wasn’t interesting enough, or there was too much risk, or the financial returns weren’t attractive enough,” he says. “But I’m sure we’ll find other opportunities as we turn over every rock.”</p><p>AMC’s early gains on its Hycroft shares have already all but disappeared as the miner’s stock rally faded, though Aron has said he sees Hycroft as a longer-term investment, to net profits as the mine expands operations.</p><p>So what exactly is AMC at this point? A legacy theater chain with a penchant for shiny objects? A precious-metals multiplex exhibitor venture fund? Or, as Bloomberg Opinion columnistMatt Levine described it this spring, “a merchant bank that helps small companies do meme-driven at-the-market offerings and takes equity for its fee”? Aron sticks with the most anodyne of explanations: “We are a movie theater company that is looking to diversify,” he says.</p><p>In early August, with signs of Ape dissatisfaction still smoldering online, AMC reported second-quarter results that topped analysts’ estimates and revealed a plan to create a new class of preferred AMC equity, which will begin trading on the New York Stock Exchange on Aug. 22 under the new ticker “APE.” Aron promptly uncorked a tweetstorm, explaining the “game-changing” strategy, which he compared to playing “3-D chess.”</p><p>For each share of AMC Class A common stock, shareholders would be given a preferred equity unit as a dividend. Once the trading commenced, investors would be able to buy and sell them normally. In the future, at Aron’s discretion, the company would be able to issue new APE shares to raise additional money for potential moves such as paying down debt or making acquisitions. Such issuance could, of course, reduce the value of the outstanding shares that Apes cling to. Using the all-caps style often seen in the Ape vernacular, Aron summed up the slightly byzantine proceedings in terms everyone in the community could easily understand. “TODAY … WE … POUNCE,” he wrote.</p><p>While the reaction from professional analysts was mixed, the Reddit crowd went wild. By the following day, AMC gained 19%, to close at $22.18, a four-month high.</p><p>In spite of all the grim news in the broader market, things were looking up. Historically, Aron says, movie theaters have weathered economic downturns better than more expensive forms of entertainment. “I’ve been selling tickets all my life,” he says. “I’ve sold cruise tickets, lift tickets, game tickets. I’m still selling tickets.”</p><p>Over the summer he began selling something else—commemorative Thor hammersto promote Marvel’s<i>Thor: Love and Thunder</i>. For $39.99, fans could buy their very own version of the powerful god’s favorite weapon, reimagined in a handy new form: a warlike popcorn container. Aron appears almost as excited about the popcorn hammer as the gold mine. “We’ve sold 40,000 of them already.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC’s CEO Will Do Whatever It Takes to Keep His Company a Meme Forever</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\">\nAMC’s CEO Will Do Whatever It Takes to Keep His Company a Meme Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-17 21:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2022-08-17/amc-amc-stock-became-a-meme-thanks-to-adam-aron-s-antics><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For most movie fans, their dream selfie with a Hollywood star never quite materializes. But on a Friday night in June, Bruce and Deborah Cooke spotted one of their favorite movie heroes, just feet ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2022-08-17/amc-amc-stock-became-a-meme-thanks-to-adam-aron-s-antics\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.bloomberg.com/news/features/2022-08-17/amc-amc-stock-became-a-meme-thanks-to-adam-aron-s-antics","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145675545","content_text":"For most movie fans, their dream selfie with a Hollywood star never quite materializes. But on a Friday night in June, Bruce and Deborah Cooke spotted one of their favorite movie heroes, just feet away. They moved in and asked for a photo.Adam Aron, the chairman and chief executive officer ofAMC Entertainment Holdings Inc., greeted the couple warmly, making small talk as they arranged themselves for the camera. Bruce was dressed in slacks and a button-down. Deborah wore a striking green dress. “I put my arm around you, I go to jail,” Aron, who’s 67, playfully said to Deborah, who’s 55. Everyone laughed.Three days earlier, Aron had announced on Twitter that he would personally be hosting a screening of Pixar’s new movie,Lightyear, at an AMC theater in Olathe, Kan. The Cookes, who together own a small mortgage company in Sacramento, had vowed on the spot to make the pilgrimage to Kansas.The entire AMC saga meant so much to them. During the onset of the pandemic, when movie theaters were hastily shuttered, they bought their first batch of AMC stock. Moviegoing, they believed, would eventually bounce back. Plus, they thought it was cruel that a subset of investors were trying to force the company into bankruptcy. So the Cookes joined a legion of outsider traders, loosely organized on the Reddit forumr/wallstreetbets, who were swarming to AMC’s down-and-out stock, driving up its share price and sticking it to the skeptical short sellers and hedge funds betting big on the company’s failure. The Cookes recruited their loved ones to join them. “We got a lot of friends involved,” Deborah says.On social media, people started calling their pugnacious tribe theAMC Apes, as inPlanet of the Apes, the movie about a primate uprising. By Wall Street standards, they might be primitive, but they possessed power in numbers.Better yet, they had a fearless leader atop AMC, an alpha CEO who grunted and roared on Twitter, throwing feces, so to speak, at their enemies (recurring hashtag: #LetThemEatCrow) and beating his chest every time a movie performed well at the box office (#CHOKEonTHAT). Aron hired Nicole Kidman tostar in several AMC promotionsand bellowed tirelessly about her bravura performance, dubbing the glamorous actor “the first lady of AMC.” The whole thing had a King-Kong-palming-a-fair-maiden vibe. The Apes were ecstatic.Now, after a flight to Dallas, a four-hour drive to Tulsa, a break for the night, several more hours on the road, and another respite at a crummy hotel, the Cookes were right where they wanted to be, standing loyally at the Silverback’s side. After capturing their trophy shot, the California couple took their seats. With a few minutes left before the start of the previews, the place was far from full—a slightly ominous development, which the Cookes would later chalk up to “the bad guys,” aka the hedge funds, who they suspected had snapped up tickets and let them go unused to make AMC look bad. Anything to drive down the company’s share price. “There’s no telling what [they] will do,” Deborah says.“He creates a sound, a song, a whistle from his pipe that will cause people to gravitate preferentially to whatever business in the sector that he is running”At the front of the theater, Aron got up, gave a shoutout to the Apes, and acknowledged that the pandemic had been difficult. But the vaccines were working. Movies were storming back. “Our investors are passionate,” he said. “They like AMC as a company. They don’t think I’m that bad either. But most of all, they really want to see movie theaters survive.”At first glance, Aron, who became CEO of AMC in 2016, might not seem like a natural candidate to lead a successful investor insurgency. For much of his career he worked as a well-compensated turnaround artist, the kind of mercenary operator with the right pedigree (Harvard Business School) and right demeanor (bombastically self-assured) who gets hired to fix up a faltering company and maybe sell it off at a nice markup. If anything, Aron seemed like a well-sharpened tool of the Wall Street establishment, not of the internet masses.But the pandemic shook up the entertainment cosmos and exposed a surprising lack of leadership in Hollywood. Amid all the halted productions and scrambled release schedules, everyone looked around for somebody to rally the American people behind the movie industry. When no compelling candidates emerged from the studios or the streaming services, Aron charged headlong into the void.He’s spent his entire career perfecting the art of stunt marketing and the science of customer loyalty programs. Ideal training, in other words, for this weird new zeitgeist in the business world, one that favors combative, incautious, performative CEOs (see:Musk, Elon) who can draw loyal swarms of fans online and compel them to buy their products, pump up their stock price, and troll their critics. “He has an almost Pied Piper-ish ability to attract people,” says Darryl Hartley-Leonard, former CEO of Hyatt Hotels Corp., who hired Aron at Hyatt in the 1980s. “He creates a sound, a song, a whistle from his pipe that will cause people to gravitate preferentially to whatever business in the sector that he is running.”With AMC, that whistle has taken the form of meme-y membership schemes, free-for-all earnings calls, acomical stock ticker (APE), and the bizarre acquisition of a72,000-acre gold mine. Having narrowly navigated the company through the dark days of the early pandemic and taken his followers with him on a Hollywood blockbuster-worthy ride, Aron is now facing a much more fundamental challenge: holding the entire rickety, debt-laden enterprise together during a time of rising inflation, falling stocks, accelerating economic pressure, and a troop of Apes that might finally be questioning its alpha.Mission control for Aron isn’t Los Angeles or New York or even Las Vegas.AMC’s headquartersis in Kansas. The offices are housed in a sleek, glass-clad structure in Leawood, a prosperous suburb of Kansas City. The heart of the building is an open, spacious “test seating area” that doubles as a gathering spot. Throughout the workday, staffers can grab a snack and watch whatever is playing on its jumbo screen, from the latest Hollywood trailers to an afternoon Royals game.Beginning in 2016, employees would occasionally glance up and see cable news channels airing live interviews with their new CEO, who’d arrived right after fixing up and selling off Starwood Hotels & Resorts Worldwide.Aron typically shows up at a company looking as thoroughly distressed as the properties he’s swooping in to save. The strands of his comb-over meander across his head, sometimes losing a few stragglers en route. His wardrobe, friends and former colleagues note, is remarkably beaten up for a multimillionaire executive. Even on a sunny day, he can look like a man who just parachuted in through a tempest: suit wrinkled, tie stained, shirttail flapping in the wind.When Aron took over AMC, the entire theater business was facing mounting pressure. Shopping malls, which had long enjoyed a rich, symbiotic relationship with AMC multiplexes, were losing customers to online retail, jeopardizing foot traffic to ticket booths. Meanwhile, American viewers were growing increasingly enchanted with streaming networks such as Netflix.Not long after joining the company, Aron met with Wang Jianlin, head of the Dalian Wanda Group, a Chinese conglomerate, then the majority owner of AMC. He proceeded to show Wang a list he’d drawn up of 10 things to better position AMC for the future. One idea was to revamp its customer loyalty program, AMC Stubs. Another was to expand the company through acquisitions. Wang particularly liked the notion of supersizing AMC.Aron soon embarked on a $3 billion buying spree, snapping up three major theater chains in the US and Europe. By the spring of 2017 he’d made AMC into a colossus, with more than 10,000 screens in 15 countries. Aron—who has a professional wrestling promoter’s penchant for speaking in grandiose, history-in-the-making superlatives—could now brag about AMC on a planetary scale. “The largest in the US, the largest in Europe, and the largest globally,” he says.He threw himself into every aspect of the operations, spiffing up the company’s pre-movie promos; stiff-arming a startup,MoviePass Inc., that was elbowing into the loyalty rewards market for moviegoers; and flavor-jamming AMC’s food menu with the kind of flamboyance thatGuy Fierimight relish. Before long, Aron was touting AMC’s giant new pretzel, a salty 1.5-pound behemoth dubbed the Bavarian Legend.Aron at AMC’s headquarters in Leawood, Kan.Photographer: Shawn Brackbill for Bloomberg BusinessweekAlthough he was a relative newbie to the film industry, Aron had popcorn in his blood. In the 1930s his grandfather, a convivial, politically connected businessman, co-founded a successful company called Berlo Vending. Among other things, Berlo sold all the popcorn in all the movie theaters of eastern Pennsylvania. “By the time I came around, whatever family fortune there was had pretty much been squandered,” says Aron, who grew up in a middle-class Philadelphia suburb.Like his father, an ad man who regularly acted in an amateur theater troupe, Aron gravitated to the spotlight. By high school he was a math whiz, hockey goalie, and hammy stage performer. His comedic speeches playing up the life-altering sacrifices he’d made on behalf of his classmates won him the office of class treasurer twice. Once, as president of his high school’s Key Club, he organized a fundraiser basketball game that went on for 100 straight hours—which, according to Aron, set a Guinness World Record. When he discovered a catalog that sold slightly aged Hollywood film reels by mail, he rallied friends to construct a plywood screen in their school’s auditorium, where they charged for showings ofButch Cassidy and the Sundance Kid,Cool Hand Luke, and, of course,Planet of the Apes. The money poured into the coffers of the senior class. “What he was like then is what he is like now,” says Aron’s high school buddy Ashton Carter, who decades later would serve as secretary of defense under Barack Obama. “He could always convince a diverse group of people to get behind his vision.”After graduating from Harvard in three years, Aron stayed to get his MBA. He studied marketing, was elected co-president of the school’s transportation club, and was captain of the hockey team. While many of his peers beelined for the riches of Wall Street, he took a job with the airline Pan Am, which by 1979 was well past its glory years. A top executive, Stephen Wolf, was looking for someone who could create more loyalty among the airline’s dwindling customers. “The problem is that anybody who was semi-young and had half a brain had sensibly and correctly left Pan Am long ago,” recalls Wolf, who went on to become CEO of United Airlines. “I found Adam in the bowels of the organization somewhere.”Aron concocted Pan Am’s first frequent-flyers club and suddenly found himself on the fast track. He’d go on to create or reengineer loyalty programs for Western Airlines (TravelPass); Hyatt Hotels (Gold Passport); United Airlines (MileagePlus); Norwegian Cruise Line (NCL Latitudes); Vail Resorts (Peaks); the Philadelphia 76ers (the Franklin Club)—and, eventually, AMC (Stubs). “Adam is a pioneer of loyalty management,” says high school pal Jeffrey Sonnenfeld, now a professor at the Yale School of Management.In the late ’80s, Hyatt Hotels CEO Hartley-Leonard hired Aron to serve as a top marketing executive. “When he came in, he really was the most disheveled human being that you’d ever seen,” Hartley-Leonard says. “The problem with Adam is that his body is deformed such that his shirt doesn’t stay in his trousers.” Aron proved to be an unusually crafty marketer who generated ideas nonstop for winning over customers from rivals and for garnering free publicity, says his former boss. He also periodically mesmerized his colleagues with stunts, like the time he floated into an executive meeting on a custom-made dirigible. “Jay Pritzker [whose family owned Hyatt] turned to me and said, ‘What the f--- did this cost?’ ” Hartley-Leonard recalls. “I said, ‘Leave Adam alone. That’s who he is.’ ”In 1996, Apollo Global Management Inc. was in the market for someone to turn around Vail Resorts, the ski resort operator. By the time Aron left that job 10 years later, he’d diversified the company’s business model and more than quintupled revenue. “Vail was transformative,” says Marc Rowan, Apollo’s billionaire CEO. “He did an unbelievable job.”So much so that when Rowan’s partner, billionaire Apollo co-founder Joshua Harris, led a group of investors to acquire middling NBA team the 76ers in 2011, they installed Aron, a minority owner, to usher in a franchise turnaround. Of course, his first order of business was a barrage of promotional schemes. He made the team’s dance squad larger. He added Julius Erving as a consultant. He showered fans in confetti. And even though he’d step aside as CEO only two years later following another lousy season, he still left an Aron-shaped imprint on the franchise:“Big Bella,”the world’s largest T-shirt launcher, a cartoonishly massive, 600 pound, multibarrel leviathan that looks like something Mad Max might have mounted on a battle tank.The 2011 press conference to announce Apollo Global Management’s acquisition of the NBA’s Philadelphia 76ers. For two years, Aron was the team’s CEO.Photo: Getty ImagesAs the world locked down in 2020, Aron’s acquisition binge looked disastrous. AMC, saddled with $5 billion in debt, was forced to hastily shut down 1,000 theaters worldwide. He furloughed most of roughly 26,000 workers. “You know what they don’t teach in Harvard Business School?” he says. “The zero-revenue case.”AMC warned in a filing that it was weeks away from running out of cash. Bankruptcy seemed imminent. But Aron harbored a deep, abiding dislike for what he calls “Bankruptcy Inc.” In his 30s he’d spent months fighting off the vulturous bankruptcy professionals hungrily circling Norwegian Cruise Line. At one point, he recalls indignantly, the CEO of rival Carnival Corp. predicted publicly that Norwegian would file for bankruptcy within months—but it never happened. “I’m very pleased to have proven him wrong,” Aron says.Seven months into the pandemic, there were whispers on Wall Street and in the press that AMC could be filing for Chapter 11 any day. Aron scrambled to buy more time, renegotiating AMC’s rent payments with its landlords and looking for some way to ride out the pandemic disruptions.Eventually he found a lifeline in Jason Mudrick, a lantern-jawed, poker-playing graduate of Harvard Law School, who runs Mudrick Capital Management LP, a $3.4 billion hedge fund specializing in distressed businesses. Unlike financial advisers and lawyers who make money on fees when a bankruptcy is filed, Mudrick’s firm loans money to companies facing near-death circumstances. If the company recovers, the capital is repaid handsomely. If not, the fund can seize collateral or control. In December 2020, Mudrick loaned AMC $100 million, receiving an equity stake in return. Other lenders followed.News of the loans reached retail investors just as a strange new energy began coursing through Wall Street. Thanks to some combustible mix of pandemic-induced boredom, intemperance, and ingenuity, the meme-stock phenomenon was taking off. Day traders on Reddit were identifying downtrodden, heavily shorted stocks, then piling in collectively, pushing up the share price, and hyping the frenzy on social media to rope in more buyers. It had already happened with GameStop Corp.Then it was AMC’s turn. From January to early June it soared from $2 to more than $62. Along the way, Aron seized on the freakish moment by issuing new equity at the heightened prices, replenishing AMC’s coffers.By June 2021, 4 million retail investors had bought up more than 80% of the company’s shares. Aron knew from his years optimizing stunts and membership schemes that first you capture their attention, then you get them hooked. “It was just as true with our shareholders in the year 2021 as it was with airline passengers in 1981,” he says. So he designed a program that bridged the meme world with the real one: Buying AMC’s stock would get you movie-related perks.With AMC Investor Connect, after purchasing the company’s shares and signing up for its existing Stubs rewards program, you’d be given access to discounts at theaters, invitations to movie screenings with Aron, and a free tub of popcorn. The new program may have seemed gauche to the traditional Wall Street crowd, but it gave an air of exclusivity to everyman investors, even if the benefits were fairly silly. By 2022 the program would swell to more than 700,000 members.Aron with Kidman, whom he describes as “the first lady of AMC.”Source: Adam AronMeanwhile, Aron began doubling down on his new AMC persona. Dating back to his time with the 76ers, he’d been an active social media user, albeit with fewer followers and more mishaps. At an investor roundtable last year, he was briefly caught on Zoom untrousered, according to a participant. In June 2021 he was doing a remoteinterview with a YouTube market influencerwhen he accidentally bumped his webcam, which swiveled downward to reveal that, once again, he wasn’t wearing pants. Some AMC fans speculated that the YouTube incident was another one of Aron’s public-relations stunts. When asked about it, Aron declined to comment. “I would be the first to admit that I can be iconoclastic,” he says.As his audience grew, he’d spend an hour a day on Twitter, reading feedback from the Apes and crafting truculent messages. He’d quote Winston Churchill on an earnings call—“We shall fight on the beaches, we shall fight on the landing grounds”—or retweet a depiction of himself wearing a chef’s hat, holding a cleaver, and standing over a dead crow. By lacing his act with combative emotion, Aron infused AMC fandom with the kind of fervent personal identification once reserved for political parties and sports teams. Any analyst who’d dare question AMC’s prospects could expect to receive a torrent of online vitriol, even death threats, from hismore than 268,000 Twitter followers.While the Apes ate up his bellicose energy, continuing to buy up shares and vowing to hold them long-term, Aron and AMC’s other major investors began looking to cash out. With the stock riding high, everyone from the Dalian Wanda Group to Mudrick Capital to other top AMC executives were either selling off the bulk of their shares or eyeing the exits.Aron wasn’t going to let the opportunity pass. He enjoyed the perks of swank living as much as the next scorekeeping CEO, buying and selling over the years a portfolio of luxury properties from Beaver Creek, Colo., to Miami Beach. On Nov. 10, 2021, he revealed that for “estate planning” purposes he was unloading 625,000 AMC shares worth $25 million. The following month, he sold an additional chunk for $9.65 million. The family popcorn fortune, once squandered, was now restored. “Many of his friends went off into consulting and investment banking,” says high school friend Sonnenfeld. “Those people made more money initially. But he’s closed the gap a lot.”Aron with Mudrick at the Hycroft gold and silver mine in Nevada.Around midnight on Sunday, March 13, after landing at a tiny two-runway airport in rural Nevada, Aron headed to a nearby Best Western to catch a few hours of sleep. Several days earlier he’d gotten a call from Mudrick, who pitched him on an opportunity for AMC that had nothing to do with the movie business. Mudrick’s hedge fund owned a stake inHycroft Mining Holding Corp., a struggling operation in northwestern Nevada. To remain solvent, the company needed a quick cash infusion to appease its lenders. He wanted to know if AMC wanted in on a literal gold mine.Although Aron was familiar with a long list of industries, mining wasn’t one of them. But he was an expert at financial engineering, not to mention the strange metallurgy of transforming a business crisis into a windfall—and a spectacle. In recent months he’d been toying with diversifying AMC beyond theaters. There were plans to sell movie-themed merchandise, AMC-branded nonfungible tokens (NFTs), and, maybe someday, a branded credit card and cryptocurrency. Already in the works was AMC Perfectly Popcorn, which will be sold in supermarkets across the US next year. “Watch out, Orville Redenbacher,” he said on an earnings call on March 1.Aron told Mudrick he was interested. The hedge fund executive explained that they’d have to move fast: They had five days before the cost of the deal would significantly increase. Hycroft’s share price was rising, and Nasdaq rules required Aron to buy his stake at a share price that averaged the previous five days’ trading levels.So Mudrick corralled a jet in Teterboro, N.J., flew to Miami, picked up AMC Lead Director Philip Lader, then fetched Aron and AMC’s general counsel, Kevin Connor, who were on a work trip in Dallas. While in the air to Nevada, Mudrick and Aron batted around the numbers and dug into dinner. Mudrick ate a steak. Aron put away a seafood medley.Now, at 6 a.m., they arose in the dark at the hotel and set off for the mine. They drove past Winnemucca, a long-in-the-tooth railroad town where Butch Cassidy had once robbed a bank and the cellphone service was abysmal. The sun rose over the Black Rock Desert, a Martian landscape of dry playas and craggy, arid mountains. After two hours they arrived at theHycroft Mine, a dusty archipelagoof geological debris, jumbo trucks, and gaping holes in the ground—a toddler’s idea of heaven. They squeezed into a temporary office, the only place in the vicinity with Wi-Fi. For the next several hours, Aron and Mudrick took turns persuading lenders and board members to approve the sale. They inked the deal with a few minutes to spare.On March 15, when Aron announced that AMC was acquiring 22% of the largely dormant mine for $28 million, he got roughly the same reaction he’d triggered years earlier with his dirigible. Jaws dropped. Minds reeled. Somehow a recently distressed movie theater chain, saved by a hedge fund specializing in distressed lending, pumped up by retail investors profiting on distressed stocks, was now part owner of a distressed gold and silver mine, in a water-distressed pocket of the country, on a pandemic-distressed planet. The whole thing felt like a national parable. In America in 2022, distress was the new gold—or maybe fool’s gold. It was hard to say for certain.Much of the press and most analysts derided the move as just another gimmick, while others opined that the money should’ve been used to pay down the company’s exorbitant debt. But on Twitter, Aron was busy retweeting memes of himself draped in gold chains. His rationale for the investment, he said: Only two years earlier, AMC was in free fall; now it could deploy everything it learned to another underdog business.The loyal Apes followed him into the mineshaft, sending the penny stock sailing and netting AMC a $30 million profit. With the share price soaring, Hycroft took a page from the AMC playbook and offered more equity. Mudrick had initially hoped to raise $20 million. Thanks to the AMC bump, they wound up raising $200 million. Says Mudrick of Aron: “He could convince an Eskimo to buy ice.”So what exactly is AMC at this point? A legacy theater chain with a penchant for shiny objects? A precious-metals multiplex exhibitor venture fund?Last year, in a magnanimous gesture to the Apes, Aron tweaked the format of AMC’s quarterly earnings calls, allowing consumers to pose questions directly to the company’s brass. The inquiries of amateurs, he says, are often better than the ones from the professionals. “Not to be disrespectful to security analysts, but they often use earnings calls to build their financial models,” he says, segueing into an imitation of a squeaky-voiced analyst posing a tediously small-bore question.The stroke of populism has annoyed some of the pros. “These are the most painful calls for me to listen to of any in my career,” says Hunter Martin, an analyst at Creditsights Inc., a research shop. “The rhetoric is … very us vs. them, retail investor and common man. That’s their narrative. To their credit, they’re talking about the things that are important to those people. But it comes at a cost to more traditional investors who want to hear the numbers.”The Face That Launched a Thousand MemesAron’s fans will send him homemade memes of the CEO’s face hacked onto a movie poster, which he praises and tweets to his 268,000 Twitter followersSource: TwitterSource: TwitterSource: TwitterThere may be good reason to create some distractions. In a recent report, Bloomberg Intelligence projected that the 2022 domestic box-office numbers will come in at $7.5 billion, a significant boost from 2021’s $4.5 billion—but still just 66% of pre-pandemic levels. Meanwhile, 2022 has been a brutal environment for media companies, whose stock prices have tumbled across the board. The studios that supply AMC with its primary product are all facing potentially severe cutbacks of their own. Keeping the Apes amped won’t be easy. “Regardless of a brighter outlook, we fear that the 4 million-plus retail investors who have driven a 2,000%-plus surge in the stock may flip and eventually cash out, prompting more volatility,” Bloomberg Intelligence noted late last year.For much of the summer, AMC’s share price was hovering in the $12 to $17 range. On AMC fan boards, many Apes were itching for a new rally. For months there’d been chatter about the coming Mother of All Short Squeezes—a moment, it was foretold, when the Silverback would once again rear up and smite AMC’s enemies and somehow send the share price back up. As to the timing, everyone dug through the mud of Aron’s tweets looking for buried clues.Without any clear signs of action, frustration was evident. At AMC’s annual meeting in June, shareholders rejected the company’s executive pay plan, which in 2021 rewarded Aron with $18.9 million in total compensation. “I don’t think any of them need more money yet,” says Deborah Cooke, the AMC superfan from the Kansas screening.Aron shook off the intra-simian setback. During the same annual meeting in June, he told shareholders that AMC would be creating a $100 million fund to invest in other businesses. First came the gold mine; who knows what could be next. “There are a number of things that we looked at that we rejected, either because it wasn’t interesting enough, or there was too much risk, or the financial returns weren’t attractive enough,” he says. “But I’m sure we’ll find other opportunities as we turn over every rock.”AMC’s early gains on its Hycroft shares have already all but disappeared as the miner’s stock rally faded, though Aron has said he sees Hycroft as a longer-term investment, to net profits as the mine expands operations.So what exactly is AMC at this point? A legacy theater chain with a penchant for shiny objects? A precious-metals multiplex exhibitor venture fund? Or, as Bloomberg Opinion columnistMatt Levine described it this spring, “a merchant bank that helps small companies do meme-driven at-the-market offerings and takes equity for its fee”? Aron sticks with the most anodyne of explanations: “We are a movie theater company that is looking to diversify,” he says.In early August, with signs of Ape dissatisfaction still smoldering online, AMC reported second-quarter results that topped analysts’ estimates and revealed a plan to create a new class of preferred AMC equity, which will begin trading on the New York Stock Exchange on Aug. 22 under the new ticker “APE.” Aron promptly uncorked a tweetstorm, explaining the “game-changing” strategy, which he compared to playing “3-D chess.”For each share of AMC Class A common stock, shareholders would be given a preferred equity unit as a dividend. Once the trading commenced, investors would be able to buy and sell them normally. In the future, at Aron’s discretion, the company would be able to issue new APE shares to raise additional money for potential moves such as paying down debt or making acquisitions. Such issuance could, of course, reduce the value of the outstanding shares that Apes cling to. Using the all-caps style often seen in the Ape vernacular, Aron summed up the slightly byzantine proceedings in terms everyone in the community could easily understand. “TODAY … WE … POUNCE,” he wrote.While the reaction from professional analysts was mixed, the Reddit crowd went wild. By the following day, AMC gained 19%, to close at $22.18, a four-month high.In spite of all the grim news in the broader market, things were looking up. Historically, Aron says, movie theaters have weathered economic downturns better than more expensive forms of entertainment. “I’ve been selling tickets all my life,” he says. “I’ve sold cruise tickets, lift tickets, game tickets. I’m still selling tickets.”Over the summer he began selling something else—commemorative Thor hammersto promote Marvel’sThor: Love and Thunder. For $39.99, fans could buy their very own version of the powerful god’s favorite weapon, reimagined in a handy new form: a warlike popcorn container. Aron appears almost as excited about the popcorn hammer as the gold mine. “We’ve sold 40,000 of them already.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9993313429,"gmtCreate":1660623570862,"gmtModify":1676536368102,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993313429","repostId":"2259004902","repostType":4,"repost":{"id":"2259004902","pubTimestamp":1660617454,"share":"https://www.laohu8.com/m/news/2259004902?lang=&edition=full","pubTime":"2022-08-16 10:37","market":"us","language":"en","title":"2 Red-Hot Growth Stocks to Buy in 2022 and Beyond","url":"https://stock-news.laohu8.com/highlight/detail?id=2259004902","media":"Motley Fool","summary":"Shares of these companies have rallied impressively in recent weeks, and they could fly higher.","content":"<html><head></head><body><p>The stock market has given investors a difficult time in 2022, which is evident from the 10% decline in the <b>S&amp;P 500</b> so far. But this is also an opportunity for savvy investors to buy shares of some solid companies at attractive valuations.</p><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a> and <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices</a> are two such companies that have borne the brunt of the stock market sell-off. Amazon stock is down 14% so far in 2022, while shares of AMD are down 30%. However, the tech giants have been in rally mode since the beginning of July thanks to the broader stock market recovery.</p><p>Amazon stock has gained 31% since the beginning of last month, while AMD is up 37%. I think it&#39;s a good idea for investors to buy these hot growth stocks now, as they could head higher in 2022 and beyond. Let&#39;s look at the reasons why.</p><h2>1. <a href=\"https://laohu8.com/S/AMZN\">Amazon</a></h2><p>Amazon is currently trading at three times sales, which is lower than its five-year average sales multiple of 3.87. Investors shouldn&#39;t miss this opportunity to buy Amazon stock at this relatively attractive valuation given the company&#39;s latest results, which point toward better times ahead.</p><p>Amazon released its second-quarter 2022 results on July 28. Its revenue increased 7% year-over-year to $121.2 billion, beating consensus estimates of $119 billion. The tech giant followed up its better-than-expected showing with a solid outlook, forecasting sales of $125 billion to $130 billion in the current quarter. That would translate into 13% to 17% year-over-year growth, suggesting that Amazon&#39;s growth is set to pick up.</p><p>The company&#39;s diversified business streams helped it overcome the softness in the e-commerce segment last quarter. While online sales were down 4% year-over-year to $50.8 billion, strong growth in advertising, cloud, physical store sales, and subscription services led the company to stronger-than-expected results.</p><p>Amazon Web Services (AWS) revenue, for instance, was up 33% year-over-year to $19.7 billion. The segment produced 16% of the company&#39;s top line. AWS&#39; growth was driven by the addition of new products and services, which should help the company maintain its dominance in this market. More specifically, Amazon controlled 34% of the cloud infrastructure market in the second quarter.</p><p>Synergy Research Group estimates that the cloud infrastructure space has generated $203.5 billion in revenue in the trailing twelve months ending June 2022. With the cloud computing market expected to clock 17.4% annual growth through 2030, Amazon is in a solid position to record incremental revenue growth thanks to its impressive market share.</p><p>Meanwhile, the advertising business is turning out to be another key growth driver for the company. The segment generated $8.75 billion in revenue last quarter, an 18% increase over the prior year. Amazon has generated $16.6 billion from the advertising business so far this year, translating into an annual revenue run rate of over $33 billion.</p><p>There&#39;s a lot of room for growth in Amazon&#39;s advertising revenue in the long run. The company&#39;s access to the data of millions of customers and subscribers, and its massive reach across the globe, make it an ideal choice for digital advertisers. With the digital advertising market expected to clock 17% annual growth through 2027 and generate over $1 trillion in revenue, this segment could turn out to be another big money-maker for Amazon, and drive the company&#39;s long-term growth.</p><p>All these catalysts indicate why Amazon&#39;s earnings are expected to grow at an annual rate of 33% for the next five years, making it a solid growth stock to buy for the long haul.</p><h2>2. <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices</a></h2><p>AMD proved why it is a top semiconductor stock to buy following its latest quarterly report. The company&#39;s chips are used in a variety of applications ranging from computers to gaming consoles to data centers to cars. This diversification helped it deliver a solid set of results at a time when other semiconductor companies are struggling.</p><p>AMD&#39;s second-quarter revenue shot up 70% over the prior-year period to $6.6 billion. Adjusted earnings were up 67% year-over-year to $1.05 per share. More importantly, the chipmaker reiterated its full-year guidance. AMD sees revenue growth of 60% in 2022 to $26.3 billion. Analysts expect the company&#39;s earnings to increase 57% in 2022 to $4.37 per share, but don&#39;t be surprised to see AMD deliver stronger growth, as its margin profile has improved following the acquisition of Xilinx.</p><p>So AMD looks set to sustain its hot rally in 2022. That&#39;s why investors should consider buying AMD stock without further delay, as it is trading at 42 times earnings, well below its five-year average earnings multiple of 102. A forward price-to-earnings ratio of 23 points toward healthy growth in AMD&#39;s earnings.</p><p>Even better, AMD has lucrative catalysts that should help it sustain its terrific growth in the long run. The data center market is one of them. AMD&#39;s data center revenue shot up 83% year-over-year in the second quarter to $1.5 billion as demand for its server processors remained robust. AMD&#39;s server processors are used by leading cloud service providers including Amazon, <b>Microsoft</b>, <b>Baidu</b>, <b>Oracle</b>, and Google.</p><p>The server processor market is expected to hit $52 billion in 2026. AMD has generated $2.78 billion in data center revenue in the first two quarters of 2022. The potential size of the end market suggests that there is a lot of room for AMD to grow its revenue. The good part is that AMD is consistently taking market share away from <b>Intel</b> in the server CPU space.</p><p>Mercury Research reports that AMD finished the second quarter with 13.9% of the server CPU market under its control, up from 9.5% in the year-ago period. The chipmaker looks well-placed to take more share away from Intel, as it is on track to launch new server processors this year that could reportedly perform better than the latter&#39;s offerings.</p><p>All this indicates that AMD remains a resilient semiconductor bet despite the negativity around companies from this sector, and investors are getting a good deal on the stock right now that they may not want to miss.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Red-Hot Growth Stocks to Buy in 2022 and Beyond</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Red-Hot Growth Stocks to Buy in 2022 and Beyond\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-16 10:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/15/2-red-hot-growth-stocks-to-buy-in-2022-and-beyond/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market has given investors a difficult time in 2022, which is evident from the 10% decline in the S&P 500 so far. But this is also an opportunity for savvy investors to buy shares of some ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/15/2-red-hot-growth-stocks-to-buy-in-2022-and-beyond/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AMD":"美国超微公司"},"source_url":"https://www.fool.com/investing/2022/08/15/2-red-hot-growth-stocks-to-buy-in-2022-and-beyond/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2259004902","content_text":"The stock market has given investors a difficult time in 2022, which is evident from the 10% decline in the S&P 500 so far. But this is also an opportunity for savvy investors to buy shares of some solid companies at attractive valuations.Amazon and Advanced Micro Devices are two such companies that have borne the brunt of the stock market sell-off. Amazon stock is down 14% so far in 2022, while shares of AMD are down 30%. However, the tech giants have been in rally mode since the beginning of July thanks to the broader stock market recovery.Amazon stock has gained 31% since the beginning of last month, while AMD is up 37%. I think it's a good idea for investors to buy these hot growth stocks now, as they could head higher in 2022 and beyond. Let's look at the reasons why.1. AmazonAmazon is currently trading at three times sales, which is lower than its five-year average sales multiple of 3.87. Investors shouldn't miss this opportunity to buy Amazon stock at this relatively attractive valuation given the company's latest results, which point toward better times ahead.Amazon released its second-quarter 2022 results on July 28. Its revenue increased 7% year-over-year to $121.2 billion, beating consensus estimates of $119 billion. The tech giant followed up its better-than-expected showing with a solid outlook, forecasting sales of $125 billion to $130 billion in the current quarter. That would translate into 13% to 17% year-over-year growth, suggesting that Amazon's growth is set to pick up.The company's diversified business streams helped it overcome the softness in the e-commerce segment last quarter. While online sales were down 4% year-over-year to $50.8 billion, strong growth in advertising, cloud, physical store sales, and subscription services led the company to stronger-than-expected results.Amazon Web Services (AWS) revenue, for instance, was up 33% year-over-year to $19.7 billion. The segment produced 16% of the company's top line. AWS' growth was driven by the addition of new products and services, which should help the company maintain its dominance in this market. More specifically, Amazon controlled 34% of the cloud infrastructure market in the second quarter.Synergy Research Group estimates that the cloud infrastructure space has generated $203.5 billion in revenue in the trailing twelve months ending June 2022. With the cloud computing market expected to clock 17.4% annual growth through 2030, Amazon is in a solid position to record incremental revenue growth thanks to its impressive market share.Meanwhile, the advertising business is turning out to be another key growth driver for the company. The segment generated $8.75 billion in revenue last quarter, an 18% increase over the prior year. Amazon has generated $16.6 billion from the advertising business so far this year, translating into an annual revenue run rate of over $33 billion.There's a lot of room for growth in Amazon's advertising revenue in the long run. The company's access to the data of millions of customers and subscribers, and its massive reach across the globe, make it an ideal choice for digital advertisers. With the digital advertising market expected to clock 17% annual growth through 2027 and generate over $1 trillion in revenue, this segment could turn out to be another big money-maker for Amazon, and drive the company's long-term growth.All these catalysts indicate why Amazon's earnings are expected to grow at an annual rate of 33% for the next five years, making it a solid growth stock to buy for the long haul.2. Advanced Micro DevicesAMD proved why it is a top semiconductor stock to buy following its latest quarterly report. The company's chips are used in a variety of applications ranging from computers to gaming consoles to data centers to cars. This diversification helped it deliver a solid set of results at a time when other semiconductor companies are struggling.AMD's second-quarter revenue shot up 70% over the prior-year period to $6.6 billion. Adjusted earnings were up 67% year-over-year to $1.05 per share. More importantly, the chipmaker reiterated its full-year guidance. AMD sees revenue growth of 60% in 2022 to $26.3 billion. Analysts expect the company's earnings to increase 57% in 2022 to $4.37 per share, but don't be surprised to see AMD deliver stronger growth, as its margin profile has improved following the acquisition of Xilinx.So AMD looks set to sustain its hot rally in 2022. That's why investors should consider buying AMD stock without further delay, as it is trading at 42 times earnings, well below its five-year average earnings multiple of 102. A forward price-to-earnings ratio of 23 points toward healthy growth in AMD's earnings.Even better, AMD has lucrative catalysts that should help it sustain its terrific growth in the long run. The data center market is one of them. AMD's data center revenue shot up 83% year-over-year in the second quarter to $1.5 billion as demand for its server processors remained robust. AMD's server processors are used by leading cloud service providers including Amazon, Microsoft, Baidu, Oracle, and Google.The server processor market is expected to hit $52 billion in 2026. AMD has generated $2.78 billion in data center revenue in the first two quarters of 2022. The potential size of the end market suggests that there is a lot of room for AMD to grow its revenue. The good part is that AMD is consistently taking market share away from Intel in the server CPU space.Mercury Research reports that AMD finished the second quarter with 13.9% of the server CPU market under its control, up from 9.5% in the year-ago period. The chipmaker looks well-placed to take more share away from Intel, as it is on track to launch new server processors this year that could reportedly perform better than the latter's offerings.All this indicates that AMD remains a resilient semiconductor bet despite the negativity around companies from this sector, and investors are getting a good deal on the stock right now that they may not want to miss.","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9060839053,"gmtCreate":1651118011651,"gmtModify":1676534854082,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9060839053","repostId":"1188662887","repostType":4,"repost":{"id":"1188662887","pubTimestamp":1651113201,"share":"https://www.laohu8.com/m/news/1188662887?lang=&edition=full","pubTime":"2022-04-28 10:33","market":"us","language":"en","title":"Musk Tweets He’ll Buy Coca-Cola Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1188662887","media":"TheStreet","summary":"Elon Musk's addiction to continuous attention shows no signs of slowing down.The $Tesla(TSLA)$ CEO and the world’s richest man sent out another headline-grabbing tweet late Wednesday.Earlier this week","content":"<html><head></head><body><p>Elon Musk&#39;s addiction to continuous attention shows no signs of slowing down.</p><p>The <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> CEO and the world’s richest man sent out another headline-grabbing tweet late Wednesday.</p><p>Earlier this week, Musk won an agreement from <a href=\"https://laohu8.com/S/TWTR\">Twitter’s </a> board for him to buy the social media company for $44 billion. The deal won the blessing of Twitter co-founder Jack Dorsey.</p><p>Since then, Musk has offered a series of controversial tweets, seemingly unable to give up the thrill of being the constant center of attention of much of the business and governmental worlds.</p><p>In particular, he’s harped on so-called freedom of speech problems at Twitter, raising concerns that he might reinstate former president Donald Trump on the platform. Trump was permanently banned from Twitter for fears he would incite even more violence in the wake of the Jan. 6, 2021 insurrection.</p><p>Five people died as a result of the violent attempt by Trump supporters to take over the capital and stop the counting of the electoral votes and Trump was impeached for a second time as a result.</p><p>Though Musk calls himself a &#34;free speech absolutist,&#34; the Supreme Court has ruled that freedom of speech protections in the constitution do not extend to &#34;yelling &#39;fire&#39; in a crowded theater.&#34;</p><p><b>Old Coke</b>?</p><p>Not content, however, Musk lobbed out another wild idea Wednesday.</p><p>What else to make of Musk’s latest tweet in which he says “Next I’m buying Coca-Cola to put the cocaine back in.”</p><p><img src=\"https://static.tigerbbs.com/6b0613746a77f511e650965d65a2463e\" tg-width=\"622\" tg-height=\"204\" width=\"100%\" height=\"auto\"/>Venerable <a href=\"https://laohu8.com/S/KO\">Coca-Cola</a> was once made using cocaine, but the drug was removed from the recipe at the beginning of the 20th century, before the drink became a global phenomenon.</p><p>Acquiring Coca-Cola would be a much bigger task for Musk than Twitter, as its market capitalization is currently about $288 billion, equivalent to Musk’s entire net worth on any given day.</p><p>There’s another wrinkle that could get in the way as well, since Coca-Cola’s largest single shareholder is Warren Buffett, who holds about 9% of the soft drink maker through his <a href=\"https://laohu8.com/S/BRK.A\">Berkshire-Hathaway </a> investment vehicle.</p><p>Buffett made his first purchases of Coca-Cola in the wake of the 1987 stock market crash and has profited handsomely over the years.</p><p>Unlike Musk, Buffett generally takes a hands off approach to any companies he buys or holds large stakes in.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk Tweets He’ll Buy Coca-Cola 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\">\nMusk Tweets He’ll Buy Coca-Cola Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-28 10:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/musk-tweets-hell-buy-coca-cola-next><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk's addiction to continuous attention shows no signs of slowing down.The Tesla CEO and the world’s richest man sent out another headline-grabbing tweet late Wednesday.Earlier this week, Musk ...</p>\n\n<a href=\"https://www.thestreet.com/investing/musk-tweets-hell-buy-coca-cola-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","KO":"可口可乐"},"source_url":"https://www.thestreet.com/investing/musk-tweets-hell-buy-coca-cola-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188662887","content_text":"Elon Musk's addiction to continuous attention shows no signs of slowing down.The Tesla CEO and the world’s richest man sent out another headline-grabbing tweet late Wednesday.Earlier this week, Musk won an agreement from Twitter’s  board for him to buy the social media company for $44 billion. The deal won the blessing of Twitter co-founder Jack Dorsey.Since then, Musk has offered a series of controversial tweets, seemingly unable to give up the thrill of being the constant center of attention of much of the business and governmental worlds.In particular, he’s harped on so-called freedom of speech problems at Twitter, raising concerns that he might reinstate former president Donald Trump on the platform. Trump was permanently banned from Twitter for fears he would incite even more violence in the wake of the Jan. 6, 2021 insurrection.Five people died as a result of the violent attempt by Trump supporters to take over the capital and stop the counting of the electoral votes and Trump was impeached for a second time as a result.Though Musk calls himself a \"free speech absolutist,\" the Supreme Court has ruled that freedom of speech protections in the constitution do not extend to \"yelling 'fire' in a crowded theater.\"Old Coke?Not content, however, Musk lobbed out another wild idea Wednesday.What else to make of Musk’s latest tweet in which he says “Next I’m buying Coca-Cola to put the cocaine back in.”Venerable Coca-Cola was once made using cocaine, but the drug was removed from the recipe at the beginning of the 20th century, before the drink became a global phenomenon.Acquiring Coca-Cola would be a much bigger task for Musk than Twitter, as its market capitalization is currently about $288 billion, equivalent to Musk’s entire net worth on any given day.There’s another wrinkle that could get in the way as well, since Coca-Cola’s largest single shareholder is Warren Buffett, who holds about 9% of the soft drink maker through his Berkshire-Hathaway  investment vehicle.Buffett made his first purchases of Coca-Cola in the wake of the 1987 stock market crash and has profited handsomely over the years.Unlike Musk, Buffett generally takes a hands off approach to any companies he buys or holds large stakes in.","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031524925,"gmtCreate":1646618848741,"gmtModify":1676534144291,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031524925","repostId":"1107907253","repostType":4,"repost":{"id":"1107907253","pubTimestamp":1646617912,"share":"https://www.laohu8.com/m/news/1107907253?lang=&edition=full","pubTime":"2022-03-07 09:51","market":"us","language":"en","title":"Uncertain Times May Mean Opportunity With Asana Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1107907253","media":"InvestorPlace","summary":"When it comes to shares in Asana(NYSE:ASAN) over the past month, you can say it’s been a story of on","content":"<html><head></head><body><p>When it comes to shares in <b>Asana</b>(NYSE:<b><u>ASAN</u></b>) over the past month, you can say it’s been a story of one step forward, one step back. A much better situation than one step forward, two steps back of course. But it’s definitely frustrating that the ASAN stock rebound was thwarted once again by something outside its control.</p><p>I’m talking about the geopolitical crisis with Russia and Ukraine that’s currently dominating the headlines. It may have little to do with the workforce-management software provider’s fundamentals. However, this uncertainty, coupled with the existing rate hike uncertainty, brought a quick end to this stock’s attempted recovery last month.</p><p>After zooming back from just above $45 per share, up to the low $70s per share, Asana gave back this partial rebound. In a matter of days, it fell back to the high $40s per share. While it’s inched up a bit since then, it may seem as if macro issues will continue to weigh it down for now.</p><p>You may at first see this as a reason to skip out on it for now. Yet based on its still-solid long-term prospects, plus another bullish factor?</p><p>You may want to reconsider your decision.</p><p>Why ASAN Stock Can’t Seem to Recover</p><p>With Asana’s recent roller coaster ride, there’s good news, and there’s bad news. First, the good news. The performance of its underlying business has played a minimal role in its rocky performance so far this year.</p><p>In other words, it’s overarching issues that are causing ASAN stock to make wild swings. A lack of clarity on how the Federal Reserve plans to raise interest rates leaves investors unsure how to proceed. One day they’re cycling out of the sector, the next they are jumping back into it.</p><p>With the geopolitical issues, for now it seems that the Western world has found an effective way to respond. Still, it’s too early to say whether there will be any blowback from putting the squeeze on the Russian economy.</p><p>As neither of these issues directly affects Asana, it may be clear skies ahead for shares once these issues clear up. The bad news? These issues may not clear up within a week, or even within a month. It may be a while before all the fear, uncertainty, and doubt (FUD) that’s holding back this and other high-quality tech names finally dissipates.</p><p>Keep Your Focus on the Long-Term Picture</p><p>It’s easy to focus too much on the possibility of short-term losses, while discounting the chances of long-term gains. What happens if you employ this way of thinking in how you position your investment portfolio? In the long-run, you miss out on a lot of opportunities.</p><p>That may be the case here with ASAN stock. You may worry that its valuation of 20.7x projected sales for this fiscal year (ending January 2023) is too high. But its rate of projected growth may be enough to sustain it, as shares ride out today’s market conditions. As for its potential to appreciate in value over a longer timeframe? When today’s concerns and issues pass, its operating performance will resume being its main driver.</p><p>All things considered, there’s more than enough in place for it to continue delivering the types of results necessary to get itself back toward past highs. For one, Asana operates a software as a service (SaaS) that is in high demand. The increase in worker productivity produced by its coordination software more than pays for itself.</p><p>This explains why, per its last earnings release (covering the quarter ending Oct. 31, 2021), the company reported very high year-over-year (YoY) revenue growth(70%). Not to mention, another big jump in its large-customer count. As of the end of the third quarter FY22, it had 739 large customers, up 132% YoY. Going after a total addressable market (TAM)that’s well over 100x its annual revenue, it’s going to be a while before this type of growth slows down in a material way.</p><p>The Bottom Line on ASAN Stock</p><p>As I hinted at above, there is another bullish indicator with this stock: a heavy amount of insider buying. Co-founder and CEO Dustin Moskovitz has backed up the truck when it comes to Asana shares, to the tune of $1.1 billion. If that’s not a sign you should ignore how the crowd’s been acting about it, I don’t know what is.</p><p>Again, issues not directly impacting its performance, but impacting the market’s performance, could continue to weigh on the company. Even if its upcoming earnings release (scheduled for after the close on Mar. 9) comes in ahead of expectations.</p><p>Nevertheless, with a key insider buying up shares hand-over-fist, and a business set to remain in high-growth mode for years to come, you may want to take a look at ASAN stock.</p><p>ASAN stock earns a “B” rating in my <i>Portfolio Grader</i>.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uncertain Times May Mean Opportunity With Asana Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUncertain Times May Mean Opportunity With Asana Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-07 09:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/03/asan-stock-uncertain-times-may-mean-opportunity/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When it comes to shares in Asana(NYSE:ASAN) over the past month, you can say it’s been a story of one step forward, one step back. A much better situation than one step forward, two steps back of ...</p>\n\n<a href=\"https://investorplace.com/2022/03/asan-stock-uncertain-times-may-mean-opportunity/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ASAN":"阿莎娜"},"source_url":"https://investorplace.com/2022/03/asan-stock-uncertain-times-may-mean-opportunity/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107907253","content_text":"When it comes to shares in Asana(NYSE:ASAN) over the past month, you can say it’s been a story of one step forward, one step back. A much better situation than one step forward, two steps back of course. But it’s definitely frustrating that the ASAN stock rebound was thwarted once again by something outside its control.I’m talking about the geopolitical crisis with Russia and Ukraine that’s currently dominating the headlines. It may have little to do with the workforce-management software provider’s fundamentals. However, this uncertainty, coupled with the existing rate hike uncertainty, brought a quick end to this stock’s attempted recovery last month.After zooming back from just above $45 per share, up to the low $70s per share, Asana gave back this partial rebound. In a matter of days, it fell back to the high $40s per share. While it’s inched up a bit since then, it may seem as if macro issues will continue to weigh it down for now.You may at first see this as a reason to skip out on it for now. Yet based on its still-solid long-term prospects, plus another bullish factor?You may want to reconsider your decision.Why ASAN Stock Can’t Seem to RecoverWith Asana’s recent roller coaster ride, there’s good news, and there’s bad news. First, the good news. The performance of its underlying business has played a minimal role in its rocky performance so far this year.In other words, it’s overarching issues that are causing ASAN stock to make wild swings. A lack of clarity on how the Federal Reserve plans to raise interest rates leaves investors unsure how to proceed. One day they’re cycling out of the sector, the next they are jumping back into it.With the geopolitical issues, for now it seems that the Western world has found an effective way to respond. Still, it’s too early to say whether there will be any blowback from putting the squeeze on the Russian economy.As neither of these issues directly affects Asana, it may be clear skies ahead for shares once these issues clear up. The bad news? These issues may not clear up within a week, or even within a month. It may be a while before all the fear, uncertainty, and doubt (FUD) that’s holding back this and other high-quality tech names finally dissipates.Keep Your Focus on the Long-Term PictureIt’s easy to focus too much on the possibility of short-term losses, while discounting the chances of long-term gains. What happens if you employ this way of thinking in how you position your investment portfolio? In the long-run, you miss out on a lot of opportunities.That may be the case here with ASAN stock. You may worry that its valuation of 20.7x projected sales for this fiscal year (ending January 2023) is too high. But its rate of projected growth may be enough to sustain it, as shares ride out today’s market conditions. As for its potential to appreciate in value over a longer timeframe? When today’s concerns and issues pass, its operating performance will resume being its main driver.All things considered, there’s more than enough in place for it to continue delivering the types of results necessary to get itself back toward past highs. For one, Asana operates a software as a service (SaaS) that is in high demand. The increase in worker productivity produced by its coordination software more than pays for itself.This explains why, per its last earnings release (covering the quarter ending Oct. 31, 2021), the company reported very high year-over-year (YoY) revenue growth(70%). Not to mention, another big jump in its large-customer count. As of the end of the third quarter FY22, it had 739 large customers, up 132% YoY. Going after a total addressable market (TAM)that’s well over 100x its annual revenue, it’s going to be a while before this type of growth slows down in a material way.The Bottom Line on ASAN StockAs I hinted at above, there is another bullish indicator with this stock: a heavy amount of insider buying. Co-founder and CEO Dustin Moskovitz has backed up the truck when it comes to Asana shares, to the tune of $1.1 billion. If that’s not a sign you should ignore how the crowd’s been acting about it, I don’t know what is.Again, issues not directly impacting its performance, but impacting the market’s performance, could continue to weigh on the company. Even if its upcoming earnings release (scheduled for after the close on Mar. 9) comes in ahead of expectations.Nevertheless, with a key insider buying up shares hand-over-fist, and a business set to remain in high-growth mode for years to come, you may want to take a look at ASAN stock.ASAN stock earns a “B” rating in my Portfolio Grader.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9092612462,"gmtCreate":1644618592483,"gmtModify":1676533945988,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092612462","repostId":"1163392132","repostType":4,"repost":{"id":"1163392132","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1644591325,"share":"https://www.laohu8.com/m/news/1163392132?lang=&edition=full","pubTime":"2022-02-11 22:55","market":"us","language":"en","title":"Yelp Shares Surged 9% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1163392132","media":"Tiger Newspress","summary":"Yelp Shares Surged 9% in Morning Trading. Yelp's annual revenue passed $1 billion again on quarterly","content":"<html><head></head><body><p>Yelp Shares Surged 9% in Morning Trading. Yelp&#39;s annual revenue passed $1 billion again on quarterly sales, earnings beat.<img src=\"https://static.tigerbbs.com/68291c337a8405a9af0f44280ef9d3a3\" tg-width=\"858\" tg-height=\"633\" width=\"100%\" height=\"auto\"/>The online reviews site <a href=\"https://laohu8.com/S/YELP\">Yelp Inc.</a> reported fourth-quarter net income of $23 million, or 30 cents a share, compared with net income of $21 million, or a 27 cents a share, in the year-ago quarter. Net revenue leaped 17% to $273 million from $233 million a year ago.</p><p>For the fiscal year, Yelp topped $1 billion (actually, a record $1.03 billion) for the second time. It hauled in $1.014 billion in fiscal 2019 before dipping to $873 million in a pandemic-marred fiscal 2020 as small businesses retrenched.</p><p>&#34;It was a banner year with record revenue and adjusted EBITDA margin (24%) as we increased our strategic investments throughout the year,&#34; Yelp Chief Financial Officer David Schwarzbach told MarketWatch.</p><p>Advertising growth led the way. Sales from Restaurants, Retail &amp; Other (RR&amp;O) businesses increased 18% year-over-year to $377 million. Yelp achieved the results following the realignment of its go-to-market channels in 2020, including the reduction of its local sales force to approximately 50% of pre-pandemic2019 levels.</p><p>Yelp also issued 2022 net revenue guidance of between $1.16 billion and $1.18 billion, as well as adjusted EBITDA in the range of $260 million to $280 million.</p><p>Analysts surveyed by FactSet had expected earnings of 14 cents a share on revenue of $272 million for Yelp&#39;s fourth quarter and $1.03 billion for the year. Those same analysts forecast $1.158 billion in 2022 revenue.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yelp Shares Surged 9% in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nYelp Shares Surged 9% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-11 22:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Yelp Shares Surged 9% in Morning Trading. Yelp&#39;s annual revenue passed $1 billion again on quarterly sales, earnings beat.<img src=\"https://static.tigerbbs.com/68291c337a8405a9af0f44280ef9d3a3\" tg-width=\"858\" tg-height=\"633\" width=\"100%\" height=\"auto\"/>The online reviews site <a href=\"https://laohu8.com/S/YELP\">Yelp Inc.</a> reported fourth-quarter net income of $23 million, or 30 cents a share, compared with net income of $21 million, or a 27 cents a share, in the year-ago quarter. Net revenue leaped 17% to $273 million from $233 million a year ago.</p><p>For the fiscal year, Yelp topped $1 billion (actually, a record $1.03 billion) for the second time. It hauled in $1.014 billion in fiscal 2019 before dipping to $873 million in a pandemic-marred fiscal 2020 as small businesses retrenched.</p><p>&#34;It was a banner year with record revenue and adjusted EBITDA margin (24%) as we increased our strategic investments throughout the year,&#34; Yelp Chief Financial Officer David Schwarzbach told MarketWatch.</p><p>Advertising growth led the way. Sales from Restaurants, Retail &amp; Other (RR&amp;O) businesses increased 18% year-over-year to $377 million. Yelp achieved the results following the realignment of its go-to-market channels in 2020, including the reduction of its local sales force to approximately 50% of pre-pandemic2019 levels.</p><p>Yelp also issued 2022 net revenue guidance of between $1.16 billion and $1.18 billion, as well as adjusted EBITDA in the range of $260 million to $280 million.</p><p>Analysts surveyed by FactSet had expected earnings of 14 cents a share on revenue of $272 million for Yelp&#39;s fourth quarter and $1.03 billion for the year. Those same analysts forecast $1.158 billion in 2022 revenue.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"YELP":"Yelp Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163392132","content_text":"Yelp Shares Surged 9% in Morning Trading. Yelp's annual revenue passed $1 billion again on quarterly sales, earnings beat.The online reviews site Yelp Inc. reported fourth-quarter net income of $23 million, or 30 cents a share, compared with net income of $21 million, or a 27 cents a share, in the year-ago quarter. Net revenue leaped 17% to $273 million from $233 million a year ago.For the fiscal year, Yelp topped $1 billion (actually, a record $1.03 billion) for the second time. It hauled in $1.014 billion in fiscal 2019 before dipping to $873 million in a pandemic-marred fiscal 2020 as small businesses retrenched.\"It was a banner year with record revenue and adjusted EBITDA margin (24%) as we increased our strategic investments throughout the year,\" Yelp Chief Financial Officer David Schwarzbach told MarketWatch.Advertising growth led the way. Sales from Restaurants, Retail & Other (RR&O) businesses increased 18% year-over-year to $377 million. Yelp achieved the results following the realignment of its go-to-market channels in 2020, including the reduction of its local sales force to approximately 50% of pre-pandemic2019 levels.Yelp also issued 2022 net revenue guidance of between $1.16 billion and $1.18 billion, as well as adjusted EBITDA in the range of $260 million to $280 million.Analysts surveyed by FactSet had expected earnings of 14 cents a share on revenue of $272 million for Yelp's fourth quarter and $1.03 billion for the year. Those same analysts forecast $1.158 billion in 2022 revenue.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9091965161,"gmtCreate":1643765289607,"gmtModify":1676533852888,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091965161","repostId":"2208359771","repostType":4,"repost":{"id":"2208359771","pubTimestamp":1643759992,"share":"https://www.laohu8.com/m/news/2208359771?lang=&edition=full","pubTime":"2022-02-02 07:59","market":"us","language":"en","title":"Wall St Posts Gains after Choppy Session, Energy Index Hits New Peak","url":"https://stock-news.laohu8.com/highlight/detail?id=2208359771","media":"Reuters","summary":"* Exxon Mobil gains on strong results* UPS jumps on upbeat forecast* AT&T down on halving dividend* ","content":"<html><head></head><body><p>* Exxon Mobil gains on strong results</p><p>* UPS jumps on upbeat forecast</p><p>* AT&amp;T down on halving dividend</p><p>* Indexes rise: Dow 0.78%, S&amp;P 0.69%, Nasdaq 0.75%</p><p>All three Wall Street benchmarks advanced on Tuesday and the energy index closed at a record high, although seesaw trading reflected investor uncertainty about how to play the current market.</p><p>Recent sessions have been choppy, as the prospect of an aggressive rate-hike campaign by the U.S. Federal Reserve looms large and investors seek to position themselves accordingly - a task not made easy by lingering pandemic influences on the economy and geopolitical tension in Europe.</p><p>But despite losing 5.3% and 3.3% in January respectively, the S&amp;P 500 and the Dow have now recorded three straight days of gains, with the Nasdaq - which dropped 8.99% in the first month of 2022 - posting four positive sessions in the last five.</p><p>It did not look like that would happen earlier in the session, when all three benchmarks traded lower in the wake of data from the Labor Department and the ISM&#39;s purchasing managers&#39; index (PMI).</p><p>&#34;You&#39;re starting to see that there are a lot of investors who are concerned about valuations going forward, but there are others who are worried about growth, so it seems the wall of worry keeps on growing as the economy exits this pandemic,&#34; said Ed Moya, senior market analyst at OANDA.</p><p>Philadelphia Fed President Patrick Harker said on Tuesday it may be appropriate for the U.S. central bank to raise rates four times this year, while Atlanta Fed president Raphael Bostic said the Fed needs to act &#34;soon&#34; to control inflation expectations.</p><p>Traders are betting on five rate hikes this year, with some Wall Street analysts expecting seven hikes.</p><p>&#34;This will be the year when Fed will pull back support ... the markets will not be on steroids anymore and may go through a phase of detox,&#34; said Anu Gaggar, global investment strategist at Commonwealth Financial Network.</p><p>Geopolitical tensions added to market volatility, with Ukraine&#39;s president signing a decree to boost his armed forces by 100,000 troops over three years, as European leaders lined up to back him in a standoff with Russia and the United States demanded immediate Russian de-escalation.</p><p>The Dow Jones Industrial Average rose 273.38 points, or 0.78%, to 35,405.24, the S&amp;P 500 gained 30.99 points, or 0.69%, to 4,546.54 and the Nasdaq Composite added 106.12 points, or 0.75%, to 14,346.00.</p><p>Once again, energy led the major S&amp;P sectors, gaining 3.5% to close at a record high. The index is, by far, the best performer in 2022, up 23.2%, as U.S. crude hovers near a seven-year high.</p><p>Those strong energy prices helped Exxon Mobil Corp to post its biggest quarterly profit in seven years on Tuesday. Its stock jumped 6.4% as a result, to close above the $80-per-share mark for the first time since April 2019.</p><p>As of Tuesday, 184 S&amp;P 500 companies posted quarterly results, of which 78.8% reported earnings above analyst expectations, according to Refinitiv.</p><p>Google parent Alphabet Inc rose 1.7% ahead of quarterly results published after the bell. Amazon Inc and <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> Inc are also on deck later this week.</p><p>Of those which reported earlier on Tuesday, United Parcel Service Inc jumped 14.1% - its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day gain in 18 months - after projecting 2022 revenue above market expectations.</p><p>AT&amp;T Inc dropped 4.2% after saying it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery Inc and also cut its dividend by nearly half.</p><p>Volume on U.S. exchanges was 11.71 billion shares, compared with the 12.45 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted 18 new 52-week highs and one new low; the Nasdaq Composite recorded 43 new highs and 18 new lows.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St Posts Gains after Choppy Session, Energy Index Hits New Peak</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St Posts Gains after Choppy Session, Energy Index Hits New Peak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-02 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-st-posts-213756846.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>* Exxon Mobil gains on strong results* UPS jumps on upbeat forecast* AT&T down on halving dividend* Indexes rise: Dow 0.78%, S&P 0.69%, Nasdaq 0.75%All three Wall Street benchmarks advanced on Tuesday...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-st-posts-213756846.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4077":"互动媒体与服务","LABP":"Landos Biopharma, Inc.","BK4559":"巴菲特持仓","BK4538":"云计算","BK4527":"明星科技股","GOOGL":"谷歌A","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","SANA":"Sana Biotechnology, Inc.","T":"美国电话电报","LHDX":"Lucira Health, Inc.","BK4561":"索罗斯持仓","BK4504":"桥水持仓","BK4514":"搜索引擎","BK4548":"巴美列捷福持仓","CGEM":"Cullinan Therapeutics","APR":"Apria, Inc.","SPY":"标普500ETF","BK4201":"综合性石油与天然气企业","BK4516":"特朗普概念","ONTF":"ON24, Inc.","BK4023":"应用软件","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","BK4082":"医疗保健设备",".SPX":"S&P 500 Index","BK4553":"喜马拉雅资本持仓","COMP":"Compass, Inc.","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4139":"生物科技","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4007":"制药","BK4566":"资本集团","BK4196":"保健护理服务","BK4525":"远程办公概念","XOM":"埃克森美孚","GOOG":"谷歌"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-st-posts-213756846.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2208359771","content_text":"* Exxon Mobil gains on strong results* UPS jumps on upbeat forecast* AT&T down on halving dividend* Indexes rise: Dow 0.78%, S&P 0.69%, Nasdaq 0.75%All three Wall Street benchmarks advanced on Tuesday and the energy index closed at a record high, although seesaw trading reflected investor uncertainty about how to play the current market.Recent sessions have been choppy, as the prospect of an aggressive rate-hike campaign by the U.S. Federal Reserve looms large and investors seek to position themselves accordingly - a task not made easy by lingering pandemic influences on the economy and geopolitical tension in Europe.But despite losing 5.3% and 3.3% in January respectively, the S&P 500 and the Dow have now recorded three straight days of gains, with the Nasdaq - which dropped 8.99% in the first month of 2022 - posting four positive sessions in the last five.It did not look like that would happen earlier in the session, when all three benchmarks traded lower in the wake of data from the Labor Department and the ISM's purchasing managers' index (PMI).\"You're starting to see that there are a lot of investors who are concerned about valuations going forward, but there are others who are worried about growth, so it seems the wall of worry keeps on growing as the economy exits this pandemic,\" said Ed Moya, senior market analyst at OANDA.Philadelphia Fed President Patrick Harker said on Tuesday it may be appropriate for the U.S. central bank to raise rates four times this year, while Atlanta Fed president Raphael Bostic said the Fed needs to act \"soon\" to control inflation expectations.Traders are betting on five rate hikes this year, with some Wall Street analysts expecting seven hikes.\"This will be the year when Fed will pull back support ... the markets will not be on steroids anymore and may go through a phase of detox,\" said Anu Gaggar, global investment strategist at Commonwealth Financial Network.Geopolitical tensions added to market volatility, with Ukraine's president signing a decree to boost his armed forces by 100,000 troops over three years, as European leaders lined up to back him in a standoff with Russia and the United States demanded immediate Russian de-escalation.The Dow Jones Industrial Average rose 273.38 points, or 0.78%, to 35,405.24, the S&P 500 gained 30.99 points, or 0.69%, to 4,546.54 and the Nasdaq Composite added 106.12 points, or 0.75%, to 14,346.00.Once again, energy led the major S&P sectors, gaining 3.5% to close at a record high. The index is, by far, the best performer in 2022, up 23.2%, as U.S. crude hovers near a seven-year high.Those strong energy prices helped Exxon Mobil Corp to post its biggest quarterly profit in seven years on Tuesday. Its stock jumped 6.4% as a result, to close above the $80-per-share mark for the first time since April 2019.As of Tuesday, 184 S&P 500 companies posted quarterly results, of which 78.8% reported earnings above analyst expectations, according to Refinitiv.Google parent Alphabet Inc rose 1.7% ahead of quarterly results published after the bell. Amazon Inc and Meta Platforms Inc are also on deck later this week.Of those which reported earlier on Tuesday, United Parcel Service Inc jumped 14.1% - its biggest one-day gain in 18 months - after projecting 2022 revenue above market expectations.AT&T Inc dropped 4.2% after saying it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery Inc and also cut its dividend by nearly half.Volume on U.S. exchanges was 11.71 billion shares, compared with the 12.45 billion average for the full session over the last 20 trading days.The S&P 500 posted 18 new 52-week highs and one new low; the Nasdaq Composite recorded 43 new highs and 18 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9905417531,"gmtCreate":1659924359125,"gmtModify":1703476035705,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905417531","repostId":"2257743302","repostType":4,"repost":{"id":"2257743302","pubTimestamp":1659913279,"share":"https://www.laohu8.com/m/news/2257743302?lang=&edition=full","pubTime":"2022-08-08 07:01","market":"us","language":"en","title":"Palantir, Disney, Coinbase, BioNTech, Rivian, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2257743302","media":"barrons","summary":"Second-quarter earnings season continues this week, while a pair of July inflation figures and consu","content":"<html><head></head><body><p>Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar.</p><p>On Monday, Palantir, Tyson Foods, BioNTech, AIG, and <a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a> will report. Coinbase Global, Norwegian Cruise Line Holdings, Sysco, and Ralph Lauren go on Tuesday, followed by Walt Disney and Fox Corp on Wednesday. Cardinal Health, Rivian Automotive, and <a href=\"https://laohu8.com/S/ILMN\">Illumina</a> report on Thursday, then Broadridge Financial Solutions closes the week on Friday.</p><p><img src=\"https://static.tigerbbs.com/d7365de7079bf0cabc8bf5ebaba40021\" tg-width=\"2044\" tg-height=\"1448\" referrerpolicy=\"no-referrer\"/></p><p>Economic data out this week will include the Bureau of Labor Statistics&#39; Consumer Price Index for July on Wednesday. Economists are expecting a 0.2% rise in the headline index and a 0.5% increase in the core CPI last month. On Thursday, the BLS will report the Producer Price Index for July. That&#39;s forecasted to have risen 0.3% at the index level and 0.4% for the core.</p><p>On Tuesday, the National Federation of Independent Business will release the Small Business Optimism Index for July, then the University of Michigan reports the August Consumer Sentiment Index on Friday. Both surveys have shown declining optimism in recent months.</p><p><b>Monday 8/8</b></p><p>Palantir, American International Group, Barrick Gold, BioNTech, Dominion Energy, International Flavors &amp; Fragrances, Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Interactive Software, and Tyson Foods report earnings.</p><p><b>Tuesday 8/9</b></p><p>Coinbase Global, Emerson Electric, Norwegian Cruise Line Holdings, Ralph Lauren, Sysco, <a href=\"https://laohu8.com/S/TDG\">TransDigm</a> Group, and <a href=\"https://laohu8.com/S/WELL\">Welltower</a> announce quarterly results.</p><p>Nielsen Holdings convenes a special shareholder meeting to seek approval to be acquired by a private-equity consortium led by Elliott Investment Management. The proposed deal values the TV-ratings firm at $16 billion, including debt.</p><p>The National Federation of Independent Business releases its Small Business Optimism Index for July. Consensus estimate is for a 89 reading, slightly less than June&#39;s 89.5, which is the lowest reading since early 2013. Small-business owners expecting better business conditions over the next six months were at a net negative 61% in June, the lowest level recorded in the 48-year history of the survey.</p><p>The Bureau of Labor Statistics reports preliminary employee compensation and productivity data for the second quarter. Unit labor costs are expected to increase at a seasonally adjusted annual rate of 6.7%, while productivity is seen declining 4.1%. This compares with a 12.6% jump and 7.3% decrease, respectively, in the first quarter.</p><p><b>Wednesday 8/10</b></p><p>Walt Disney releases fiscal-third quarter 2022 results.</p><p>The BLS releases the consumer price index for July. Economists forecast a 8.7% year-over-year rise, compared with a 9.1% jump in June. The core CPI, which excludes volatile food and energy prices, is seen increasing 6.1%, versus a 5.9% gain previously. The 9.1% reading was the highest since 1981, while the core CPI is off slightly from the recent peak of 6.5% in March. The S&amp;P 500 index jumped 9.1% in July, its best month since November 2020, in anticipation of a less hawkish Federal Reserve on the assumption that inflation has peaked.</p><p><b>Thursday 8/11</b></p><p>The BLS releases the producer price index for July. Consensus estimate is for a 10.4% year-over-year increase, less than June&#39;s 11.3%. The core PPI, which excludes food and energy prices, is expected to rise 7.7%, down from 8.2%.</p><p>Brookfield Asset Management, Cardinal Health, Illumina, ResMed, and Rivian Automotive hold conference calls to discuss quarterly results.</p><p><b>Friday 8/12</b></p><p>Broadridge Financial Solutions reports earnings.</p><p>The University of Michigan releases its Consumer Sentiment Index for August. The consensus call is for a 53 reading, slightly more than July&#39;s 51.5. The index is near its record low, as inflation remains top of mind for consumers.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir, Disney, Coinbase, BioNTech, Rivian, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir, Disney, Coinbase, BioNTech, Rivian, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-08 07:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/disney-coinbase-biontech-rivian-and-other-stocks-for-investors-to-watch-this-week-51659898822?mod=hp_LATEST><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar.On Monday, Palantir, ...</p>\n\n<a href=\"https://www.barrons.com/articles/disney-coinbase-biontech-rivian-and-other-stocks-for-investors-to-watch-this-week-51659898822?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","RBLX":"Roblox Corporation","U":"Unity Software Inc.","NCLH":"挪威邮轮","TSN":"泰森食品","UPST":"Upstart Holdings, Inc.","APP":"AppLovin Corporation","GOOS":"加拿大鹅","NVAX":"诺瓦瓦克斯医药","ISBC":"投资者银行","FOXA":"福克斯-A","CAH":"卡地纳健康","INO":"伊诺维奥制药",".DJI":"道琼斯","BNTX":"BioNTech SE","ILMN":"Illumina",".IXIC":"NASDAQ Composite","SYY":"西思科公司","COIN":"Coinbase Global, Inc.",".SPX":"S&P 500 Index","DIS":"迪士尼","PLTR":"Palantir Technologies Inc.","BR":"Broadridge金融解决方案","TTWO":"Take-Two Interactive Software","SAVE":"Spirit Airlines","JMIA":"Jumia Technologies AG","CPNG":"Coupang, Inc."},"source_url":"https://www.barrons.com/articles/disney-coinbase-biontech-rivian-and-other-stocks-for-investors-to-watch-this-week-51659898822?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2257743302","content_text":"Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar.On Monday, Palantir, Tyson Foods, BioNTech, AIG, and Take-Two Interactive Software will report. Coinbase Global, Norwegian Cruise Line Holdings, Sysco, and Ralph Lauren go on Tuesday, followed by Walt Disney and Fox Corp on Wednesday. Cardinal Health, Rivian Automotive, and Illumina report on Thursday, then Broadridge Financial Solutions closes the week on Friday.Economic data out this week will include the Bureau of Labor Statistics' Consumer Price Index for July on Wednesday. Economists are expecting a 0.2% rise in the headline index and a 0.5% increase in the core CPI last month. On Thursday, the BLS will report the Producer Price Index for July. That's forecasted to have risen 0.3% at the index level and 0.4% for the core.On Tuesday, the National Federation of Independent Business will release the Small Business Optimism Index for July, then the University of Michigan reports the August Consumer Sentiment Index on Friday. Both surveys have shown declining optimism in recent months.Monday 8/8Palantir, American International Group, Barrick Gold, BioNTech, Dominion Energy, International Flavors & Fragrances, Take-Two Interactive Software, and Tyson Foods report earnings.Tuesday 8/9Coinbase Global, Emerson Electric, Norwegian Cruise Line Holdings, Ralph Lauren, Sysco, TransDigm Group, and Welltower announce quarterly results.Nielsen Holdings convenes a special shareholder meeting to seek approval to be acquired by a private-equity consortium led by Elliott Investment Management. The proposed deal values the TV-ratings firm at $16 billion, including debt.The National Federation of Independent Business releases its Small Business Optimism Index for July. Consensus estimate is for a 89 reading, slightly less than June's 89.5, which is the lowest reading since early 2013. Small-business owners expecting better business conditions over the next six months were at a net negative 61% in June, the lowest level recorded in the 48-year history of the survey.The Bureau of Labor Statistics reports preliminary employee compensation and productivity data for the second quarter. Unit labor costs are expected to increase at a seasonally adjusted annual rate of 6.7%, while productivity is seen declining 4.1%. This compares with a 12.6% jump and 7.3% decrease, respectively, in the first quarter.Wednesday 8/10Walt Disney releases fiscal-third quarter 2022 results.The BLS releases the consumer price index for July. Economists forecast a 8.7% year-over-year rise, compared with a 9.1% jump in June. The core CPI, which excludes volatile food and energy prices, is seen increasing 6.1%, versus a 5.9% gain previously. The 9.1% reading was the highest since 1981, while the core CPI is off slightly from the recent peak of 6.5% in March. The S&P 500 index jumped 9.1% in July, its best month since November 2020, in anticipation of a less hawkish Federal Reserve on the assumption that inflation has peaked.Thursday 8/11The BLS releases the producer price index for July. Consensus estimate is for a 10.4% year-over-year increase, less than June's 11.3%. The core PPI, which excludes food and energy prices, is expected to rise 7.7%, down from 8.2%.Brookfield Asset Management, Cardinal Health, Illumina, ResMed, and Rivian Automotive hold conference calls to discuss quarterly results.Friday 8/12Broadridge Financial Solutions reports earnings.The University of Michigan releases its Consumer Sentiment Index for August. The consensus call is for a 53 reading, slightly more than July's 51.5. The index is near its record low, as inflation remains top of mind for consumers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9905885697,"gmtCreate":1659850085922,"gmtModify":1703767102485,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905885697","repostId":"2257173007","repostType":4,"repost":{"id":"2257173007","pubTimestamp":1659844923,"share":"https://www.laohu8.com/m/news/2257173007?lang=&edition=full","pubTime":"2022-08-07 12:02","market":"us","language":"en","title":"Apple: Is Advertising the Next Big Revenue Generator? Analyst Weighs In","url":"https://stock-news.laohu8.com/highlight/detail?id=2257173007","media":"TipRanks","summary":"The Apple (AAPL) empire might be spearheaded by its flagship product, the iPhone, but along with ple","content":"<div>\n<p>The Apple (AAPL) empire might be spearheaded by its flagship product, the iPhone, but along with plenty of other hardware offerings, its Services segment has been growing at a fast pace. There’s also ...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-advertising-next-big-revenue-171806739.html\">Web Link</a>\n\n</div>\n","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: Is Advertising the Next Big Revenue Generator? Analyst Weighs 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\">\nApple: Is Advertising the Next Big Revenue Generator? Analyst Weighs In\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-07 12:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/apple-advertising-next-big-revenue-171806739.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Apple (AAPL) empire might be spearheaded by its flagship product, the iPhone, but along with plenty of other hardware offerings, its Services segment has been growing at a fast pace. There’s also ...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-advertising-next-big-revenue-171806739.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://finance.yahoo.com/news/apple-advertising-next-big-revenue-171806739.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2257173007","content_text":"The Apple (AAPL) empire might be spearheaded by its flagship product, the iPhone, but along with plenty of other hardware offerings, its Services segment has been growing at a fast pace. There’s also talk of a “game changing” AV/VR headset and even of an Apple Car at some point.But Needham analyst Laura Martin thinks there’s also the prospect of another big revenue stream.“We believe AAPL is in the early stages of building a new mobile advertising platform,” says Martin, who thinks ad revenue could be a “material upside value driver” for the tech giant for several reasons.For one, there’s the offensive element. Apple being the largest company in the world, to keep on growing it must focus on big global TAMs (total addressable markets). As eMarketer expects the global digital advertising market to reach $600 billion this year, it certainly qualifies as one.There’s also a defensive element, as explained by Martin: “Creating a privacy-first ad platform would solve a problem for AAPL's ad-driven apps which have seen their ad revs fall after iOS replaced IDFA with ATT in 3Q21.”It also amounts to a clever tactical move. Apple operates as a “Walled Garden” and its user data is “best-in-class.” All the while, it is also reducing the tracking and transparency data accessible to other companies. This gives the company’s “pricing power” a boost.Martin is not just speculating on the matter. There’s evidence of Apple's advertising ambitions, as the company's recent job postings imply a new AdTech platform is being built. Since the early months of the year, there has been a notable increase in the company’s recruiting activity for its Ad Platform unit. Just recently, Apple put up a job opening for \"a senior manager for its DSP in its ads platforms business who will drive the design of the most privacy-forward, sophisticated demand side platform possible.\" Moreover, Apple made its presence felt during June’s Cannes Lions advertising festival. This suggests to Martin, the company is trying to “drive awareness among marketers that it is in the advertising business.”So, down to the nitty-gritty, what does it all mean for investors? Martin reiterated a Buy rating on Apple shares, backed by a $170 price target, suggesting shares are fairly valued right now.The Street’s average target is a touch higher; at $180.11, the figure leaves room for a 9% upside from current levels. All told, based on 22 Buys, 6 Holds and 1 Sell, the stock claims a Moderate Buy consensus rating.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9048399064,"gmtCreate":1656134226858,"gmtModify":1676535775047,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9048399064","repostId":"2246375209","repostType":4,"repost":{"id":"2246375209","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1656115431,"share":"https://www.laohu8.com/m/news/2246375209?lang=&edition=full","pubTime":"2022-06-25 08:03","market":"us","language":"en","title":"What Wall Street Expects in the Second Half of 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=2246375209","media":"Dow Jones","summary":"As the first half of 2022 draws to a close, Wall Street investment banks and their legions of strate","content":"<html><head></head><body><p>As the first half of 2022 draws to a close, Wall Street investment banks and their legions of strategists have been busy telling clients what they should expect in the second half of what has been an extraordinary year for markets as U.S. stocks head for their worst start in decades.</p><p>Investment banks like JP Morgan Chase &amp; Co., Barclays, UBS Group, Citigroup Inc and others have over the past week or two released their outlooks on what investors should expect in the second half of the year. MarketWatch has some of the highlights -- with one theme uniting them: uncertainty.</p><p>That&#39;s largely because markets will hinge on Federal Reserve policy. With officials signaling an intention to remain data-dependent, the direction of monetary policy inevitably will depend on how inflation develops over the coming months.</p><p>Another thing many banks agreed on was that a recession in the U.S. in the second half of the year looked unlikely -- or at the very least, not in their base case.</p><p>Here are other highlights.</p><h3>Stagflation, reflation, soft landing or slump?</h3><p>The team at UBS divided their outlook into four scenarios: &#34;stagflation,&#34; &#34;reflation,&#34; &#34;soft landing&#34; or &#34;slump,&#34; and outlined what the reaction in stocks and bonds could look like in each case.</p><p>Their best case scenario for stocks would be either a &#34;soft landing&#34; or &#34;reflation,&#34; but in each case, investors would see inflation pressures moderate while the U.S. economy avoids a recession. Under the &#34;stagflation&#34; scenario, stubborn inflation and tepid growth would drive both stocks and bonds lower, essentially marking a continuation of the trading patterns seen so far this year, where both bonds and stocks have taken a beating.</p><p>Their worst case scenario for stocks would be the economic &#34;slump,&#34; which would likely involve a recession that&#39;s severe enough to prompt a dramatic shift in expectations surrounding corporate profits. However, in this scenario, the UBS team expects the growth shock would force the Federal Reserve to consider cutting interest rates more quickly.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4b09a506a8b3c115174a93678658241\" tg-width=\"700\" tg-height=\"328\" referrerpolicy=\"no-referrer\"/><span>THE OUTLOOK FOR STOCKS AND BONDS IN THE SECOND HALF OF THE YEAR WILL DEPEND ON THE ECONOMIC BACKDROP. SOURCE: UBS</span></p><p>Mark Haefele, chief investment officer at UBS, said in the mid-year outlook that &#34;there are a lot of potential outcomes for markets, and the only near-certainty is that the path to the end of the year will be a volatile one. It can feel overwhelming for investors considering how to position their portfolios.&#34;</p><h3>Opportunity in investment grade bonds</h3><p>One of the most vexing aspects of the year to date -- at least, as far as individual investors are concerned -- is the paucity of investment strategies producing positive returns. Commodities have worked well, and any investors intrepid enough to bet against stocks, or invest in volatility-linked products, probably made money. But investors who ascribe to the rules of the 60/40 portfolio have been beset by losses in both their stock and bond portfolios.</p><p>How might investors hedge against this going forward? David Bailin, Citigroup&#39;s chief investment officer, shared some thoughts on this in &#34;investing in the afterglow of a boom,&#34; Citi Global Wealth Investment&#39;s mid-year outlook.</p><p>As negative real rates weigh on equities, while also sapping the return on bonds, Citi is pitching investment-grade bonds as a kind of happy medium.</p><p>&#34;Our view is that most of the expected US tightening is now embedded in Treasury yields. We believe it is possible that rates will peak this year, as US GDP growth decelerates rapidly. In turn, this will likely see reduced inflation readings, perhapsallowing the Fed to relax its hawkish stance. For investors, these higher yields may represent an attractive level at which to buy. We believe certain fixed-income assets now offer an &#39;antidote&#39; to the &#39;cash thief,&#39; given their higher yields,&#34; the team said.</p><p>The biggest corporate bond exchange-traded funds ended the week higher, but with the large iShares iBoxx Investment Grade Corporate Bond (ETLQD) still 16.9% lower on the year so far. The SPDR Bloomberg High Yield Bond ETF (JNK) was 15.7% lower on the year and the iShares iBoxx High Yield Corporate Bond ETF (HYG) was down 13.8%, according to FactSet.</p><p>The S&amp;P 500 index  closed higher Friday as stocks rallied, but still was down 17.9% on the year. The Dow Jones Industrial Average  was off 13.3% and the Nasdaq Composite Index  was 25.8% lower so far in 2022, according to FactSet data.</p><h3>Second-half rebound in stocks</h3><p>JP Morgan Global Research carved out a position as one of the most bullish research shops on Wall Street. The mid-year outlook from the bank&#39;s equity strategists was hardly an exception.</p><p>Simply put, the team from JP Morgan recommends buying cyclicals and shunning defensive stocks, arguing that cyclicals like the energy sector are more attractively valued at the moment. The team also sees opportunity in small cap and growth stocks.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81cca5ebedab5af10b811ce0897b98c4\" tg-width=\"700\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/><span>DEFENSIVE STOCKS LIKE UTILITIES AND CONSUMER STAPLE AREN’T AS ATTRACTIVELY VALUED AS THEIR GROWTH PEERS.</span></p><p>Defensive stocks like consumer staples and utilities, on the other hand, present less opportunity, and more risk.</p><p>&#34;...[T]hese sectors remain crowded with record relative valuation which we see as vulnerable to rotation under both a scenario of a return to mid-cycle recovery and growth...and recession.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Wall Street Expects in the Second Half of 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Wall Street Expects in the Second Half of 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-06-25 08:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>As the first half of 2022 draws to a close, Wall Street investment banks and their legions of strategists have been busy telling clients what they should expect in the second half of what has been an extraordinary year for markets as U.S. stocks head for their worst start in decades.</p><p>Investment banks like JP Morgan Chase &amp; Co., Barclays, UBS Group, Citigroup Inc and others have over the past week or two released their outlooks on what investors should expect in the second half of the year. MarketWatch has some of the highlights -- with one theme uniting them: uncertainty.</p><p>That&#39;s largely because markets will hinge on Federal Reserve policy. With officials signaling an intention to remain data-dependent, the direction of monetary policy inevitably will depend on how inflation develops over the coming months.</p><p>Another thing many banks agreed on was that a recession in the U.S. in the second half of the year looked unlikely -- or at the very least, not in their base case.</p><p>Here are other highlights.</p><h3>Stagflation, reflation, soft landing or slump?</h3><p>The team at UBS divided their outlook into four scenarios: &#34;stagflation,&#34; &#34;reflation,&#34; &#34;soft landing&#34; or &#34;slump,&#34; and outlined what the reaction in stocks and bonds could look like in each case.</p><p>Their best case scenario for stocks would be either a &#34;soft landing&#34; or &#34;reflation,&#34; but in each case, investors would see inflation pressures moderate while the U.S. economy avoids a recession. Under the &#34;stagflation&#34; scenario, stubborn inflation and tepid growth would drive both stocks and bonds lower, essentially marking a continuation of the trading patterns seen so far this year, where both bonds and stocks have taken a beating.</p><p>Their worst case scenario for stocks would be the economic &#34;slump,&#34; which would likely involve a recession that&#39;s severe enough to prompt a dramatic shift in expectations surrounding corporate profits. However, in this scenario, the UBS team expects the growth shock would force the Federal Reserve to consider cutting interest rates more quickly.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4b09a506a8b3c115174a93678658241\" tg-width=\"700\" tg-height=\"328\" referrerpolicy=\"no-referrer\"/><span>THE OUTLOOK FOR STOCKS AND BONDS IN THE SECOND HALF OF THE YEAR WILL DEPEND ON THE ECONOMIC BACKDROP. SOURCE: UBS</span></p><p>Mark Haefele, chief investment officer at UBS, said in the mid-year outlook that &#34;there are a lot of potential outcomes for markets, and the only near-certainty is that the path to the end of the year will be a volatile one. It can feel overwhelming for investors considering how to position their portfolios.&#34;</p><h3>Opportunity in investment grade bonds</h3><p>One of the most vexing aspects of the year to date -- at least, as far as individual investors are concerned -- is the paucity of investment strategies producing positive returns. Commodities have worked well, and any investors intrepid enough to bet against stocks, or invest in volatility-linked products, probably made money. But investors who ascribe to the rules of the 60/40 portfolio have been beset by losses in both their stock and bond portfolios.</p><p>How might investors hedge against this going forward? David Bailin, Citigroup&#39;s chief investment officer, shared some thoughts on this in &#34;investing in the afterglow of a boom,&#34; Citi Global Wealth Investment&#39;s mid-year outlook.</p><p>As negative real rates weigh on equities, while also sapping the return on bonds, Citi is pitching investment-grade bonds as a kind of happy medium.</p><p>&#34;Our view is that most of the expected US tightening is now embedded in Treasury yields. We believe it is possible that rates will peak this year, as US GDP growth decelerates rapidly. In turn, this will likely see reduced inflation readings, perhapsallowing the Fed to relax its hawkish stance. For investors, these higher yields may represent an attractive level at which to buy. We believe certain fixed-income assets now offer an &#39;antidote&#39; to the &#39;cash thief,&#39; given their higher yields,&#34; the team said.</p><p>The biggest corporate bond exchange-traded funds ended the week higher, but with the large iShares iBoxx Investment Grade Corporate Bond (ETLQD) still 16.9% lower on the year so far. The SPDR Bloomberg High Yield Bond ETF (JNK) was 15.7% lower on the year and the iShares iBoxx High Yield Corporate Bond ETF (HYG) was down 13.8%, according to FactSet.</p><p>The S&amp;P 500 index  closed higher Friday as stocks rallied, but still was down 17.9% on the year. The Dow Jones Industrial Average  was off 13.3% and the Nasdaq Composite Index  was 25.8% lower so far in 2022, according to FactSet data.</p><h3>Second-half rebound in stocks</h3><p>JP Morgan Global Research carved out a position as one of the most bullish research shops on Wall Street. The mid-year outlook from the bank&#39;s equity strategists was hardly an exception.</p><p>Simply put, the team from JP Morgan recommends buying cyclicals and shunning defensive stocks, arguing that cyclicals like the energy sector are more attractively valued at the moment. The team also sees opportunity in small cap and growth stocks.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81cca5ebedab5af10b811ce0897b98c4\" tg-width=\"700\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/><span>DEFENSIVE STOCKS LIKE UTILITIES AND CONSUMER STAPLE AREN’T AS ATTRACTIVELY VALUED AS THEIR GROWTH PEERS.</span></p><p>Defensive stocks like consumer staples and utilities, on the other hand, present less opportunity, and more risk.</p><p>&#34;...[T]hese sectors remain crowded with record relative valuation which we see as vulnerable to rotation under both a scenario of a return to mid-cycle recovery and growth...and recession.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNK":"债券指数ETF-SPDR Barclays高收益债","HYG":"债券指数ETF-iShares iBoxx高收益公司债","BK4521":"英国银行股","JPM":"摩根大通","LQD":"债券指数ETF-iShares iBoxx投资级公司债","C":"花旗","BCS":"巴克莱银行","UBS":"瑞银","BK4504":"桥水持仓","USB":"美国合众银行","BK4561":"索罗斯持仓","BK4207":"综合性银行","BK4118":"综合性资本市场","BK4550":"红杉资本持仓","BK4581":"高盛持仓","BK4559":"巴菲特持仓","BK4566":"资本集团","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4534":"瑞士信贷持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2246375209","content_text":"As the first half of 2022 draws to a close, Wall Street investment banks and their legions of strategists have been busy telling clients what they should expect in the second half of what has been an extraordinary year for markets as U.S. stocks head for their worst start in decades.Investment banks like JP Morgan Chase & Co., Barclays, UBS Group, Citigroup Inc and others have over the past week or two released their outlooks on what investors should expect in the second half of the year. MarketWatch has some of the highlights -- with one theme uniting them: uncertainty.That's largely because markets will hinge on Federal Reserve policy. With officials signaling an intention to remain data-dependent, the direction of monetary policy inevitably will depend on how inflation develops over the coming months.Another thing many banks agreed on was that a recession in the U.S. in the second half of the year looked unlikely -- or at the very least, not in their base case.Here are other highlights.Stagflation, reflation, soft landing or slump?The team at UBS divided their outlook into four scenarios: \"stagflation,\" \"reflation,\" \"soft landing\" or \"slump,\" and outlined what the reaction in stocks and bonds could look like in each case.Their best case scenario for stocks would be either a \"soft landing\" or \"reflation,\" but in each case, investors would see inflation pressures moderate while the U.S. economy avoids a recession. Under the \"stagflation\" scenario, stubborn inflation and tepid growth would drive both stocks and bonds lower, essentially marking a continuation of the trading patterns seen so far this year, where both bonds and stocks have taken a beating.Their worst case scenario for stocks would be the economic \"slump,\" which would likely involve a recession that's severe enough to prompt a dramatic shift in expectations surrounding corporate profits. However, in this scenario, the UBS team expects the growth shock would force the Federal Reserve to consider cutting interest rates more quickly.THE OUTLOOK FOR STOCKS AND BONDS IN THE SECOND HALF OF THE YEAR WILL DEPEND ON THE ECONOMIC BACKDROP. SOURCE: UBSMark Haefele, chief investment officer at UBS, said in the mid-year outlook that \"there are a lot of potential outcomes for markets, and the only near-certainty is that the path to the end of the year will be a volatile one. It can feel overwhelming for investors considering how to position their portfolios.\"Opportunity in investment grade bondsOne of the most vexing aspects of the year to date -- at least, as far as individual investors are concerned -- is the paucity of investment strategies producing positive returns. Commodities have worked well, and any investors intrepid enough to bet against stocks, or invest in volatility-linked products, probably made money. But investors who ascribe to the rules of the 60/40 portfolio have been beset by losses in both their stock and bond portfolios.How might investors hedge against this going forward? David Bailin, Citigroup's chief investment officer, shared some thoughts on this in \"investing in the afterglow of a boom,\" Citi Global Wealth Investment's mid-year outlook.As negative real rates weigh on equities, while also sapping the return on bonds, Citi is pitching investment-grade bonds as a kind of happy medium.\"Our view is that most of the expected US tightening is now embedded in Treasury yields. We believe it is possible that rates will peak this year, as US GDP growth decelerates rapidly. In turn, this will likely see reduced inflation readings, perhapsallowing the Fed to relax its hawkish stance. For investors, these higher yields may represent an attractive level at which to buy. We believe certain fixed-income assets now offer an 'antidote' to the 'cash thief,' given their higher yields,\" the team said.The biggest corporate bond exchange-traded funds ended the week higher, but with the large iShares iBoxx Investment Grade Corporate Bond (ETLQD) still 16.9% lower on the year so far. The SPDR Bloomberg High Yield Bond ETF (JNK) was 15.7% lower on the year and the iShares iBoxx High Yield Corporate Bond ETF (HYG) was down 13.8%, according to FactSet.The S&P 500 index  closed higher Friday as stocks rallied, but still was down 17.9% on the year. The Dow Jones Industrial Average  was off 13.3% and the Nasdaq Composite Index  was 25.8% lower so far in 2022, according to FactSet data.Second-half rebound in stocksJP Morgan Global Research carved out a position as one of the most bullish research shops on Wall Street. The mid-year outlook from the bank's equity strategists was hardly an exception.Simply put, the team from JP Morgan recommends buying cyclicals and shunning defensive stocks, arguing that cyclicals like the energy sector are more attractively valued at the moment. The team also sees opportunity in small cap and growth stocks.DEFENSIVE STOCKS LIKE UTILITIES AND CONSUMER STAPLE AREN’T AS ATTRACTIVELY VALUED AS THEIR GROWTH PEERS.Defensive stocks like consumer staples and utilities, on the other hand, present less opportunity, and more risk.\"...[T]hese sectors remain crowded with record relative valuation which we see as vulnerable to rotation under both a scenario of a return to mid-cycle recovery and growth...and recession.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049569483,"gmtCreate":1655817760642,"gmtModify":1676535710571,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049569483","repostId":"1143265344","repostType":4,"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035711461,"gmtCreate":1647679010935,"gmtModify":1676534258207,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035711461","repostId":"2220777059","repostType":4,"repost":{"id":"2220777059","pubTimestamp":1647653153,"share":"https://www.laohu8.com/m/news/2220777059?lang=&edition=full","pubTime":"2022-03-19 09:25","market":"us","language":"en","title":"Sea Limited: The Three-Headed Monster","url":"https://stock-news.laohu8.com/highlight/detail?id=2220777059","media":"seekingalpha","summary":"SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but B","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Garena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.</li><li>In addition, Shopee&#39;s losses are widening. However, the e-commerce segment is expected to be self-funded by 2025. This is achievable as take rates are trending in the right direction.</li><li>SeaMoney is also gaining traction at an unprecedented pace, a monster lurking in the shadows. Investors should pay attention as this segment could serve as Sea&#39;s second cash cow.</li><li>With a net cash position of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won&#39;t be long before Sea requires another cash infusion.</li><li>Despite unprofitability risks, Sea has a strong brand, network effects, and barriers to entry moats. The stock is trading at the lowest multiple ever - it is worth a nibble at these prices.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51b3290f2015840c5d8f754c01de8a85\" tg-width=\"750\" tg-height=\"422\" referrerpolicy=\"no-referrer\"/><span>undefined undefined/iStock via Getty Images</span></p><p>I&#39;ve been following Sea Limited ADR (NYSE:SE) for quite some time now and the stock got me interested again given the recent 75% selloff. Today, I&#39;m doing a deep dive on the three-headed monster (and each of its heads) to see if the company is a good investment opportunity at these levels. Let&#39;s get started!</p><p><b>Investment Thesis</b></p><p>Sea is at the forefront of the internet revolution in developing regions. This had many investors buying into the growth story of the company, sending shares soaring high into the sun for the better part of 2020 and 2021. However, the stock has cratered back to sea amid concerns about the company&#39;s slowing growth, especially for its only cash cow, Garena. To make matters worse, Shopee&#39;s losses are also getting worse.</p><p>The Group&#39;s cash burn rate is still high, estimated to be $(3.6) billion in FY2022. With a net cash position of $5.9 billion, future capital raises are very likely.</p><p>On the bright side, Sea still has a long growth runway ahead, solidified by its leadership positions in Southeast Asia and Latin America. SeaMoney, although still unprofitable, could also emerge as Sea&#39;s second cash cow.</p><p>Despite unprofitability and competitive risks, Sea has strong competitive moats and it is trading at the cheapest valuation multiples since its IPO.</p><p>The three-headed monster is a Buy at these levels.</p><p><b>Value Proposition</b></p><p>Founded in Singapore in 2009, Sea has grown to become the leading consumer internet company in the world, with a substantial presence in the Southeast Asian region.</p><blockquote><b>Mission</b>: To better the lives of consumers and small businesses with technology.</blockquote><p>Sea is a holding company for three core businesses: Garena, Shopee, and SeaMoney. Sea&#39;s main value proposition is providing a vertically-integrated experience through its different core businesses.</p><p><b>Garena</b></p><p>Its digital entertainment division, Garena, was Sea&#39;s first business venture. In fact, Sea was originally named Garena Interactive Holding Limited before changing its name to Sea Limited in 2017.</p><p>Garena is one of the largest online games developers and publishers, releasing some of the most successful mobile and PC games over the last decade. For example, Garena&#39;s Free Fire, its self-developed mobile battle royale game, topped the global download charts for the last three years. According to data.ai, Free Fire also ranked second globally by average monthly active users on Google Play in 2021. In Southeast Asia and Latin America, Free Fire was the highest-grossing mobile game for ten consecutive quarters, and in the US for four consecutive quarters. Based on Sensor <a href=\"https://laohu8.com/S/TWR.AU\">Tower</a>&#39;s findings, Free Fire still holds the most downloads globally as of January 2022.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa392753c19f14d60ee0d992e58c3d2f\" tg-width=\"1280\" tg-height=\"741\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p>Garena also exclusively licenses and publishes games from global partners and third-party developers. Some of these partners include Tencent (OTCPK:TCEHY), Activision (ATVI), and Arumgames. Games like Speed Drifters, Arena of Valor, and Fantasy Town fall into this category as they are co-developed with partners or licensed from partners.</p><p>In addition, Garena organizes some of the largest e-sports events from local tournaments to professional competitions at a global level. Moreover, Garena offers other entertainment content such as live-streaming, user chat, and online forums.</p><p><b>Shopee</b></p><p>Perhaps the most exciting business segment is Sea&#39;s mobile-centric e-commerce platform, Shopee. Launched in 2015, Shopee is now one of the fastest-growing e-commerce marketplaces with a strong presence in Southeast Asia, as well as growing recognition in Latin America and some European countries.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6649de846b2942b928a3f3e5d4035003\" tg-width=\"640\" tg-height=\"200\" referrerpolicy=\"no-referrer\"/><span>Source: Shopee</span></p><p>Through the Shopee platform, buyers can purchase items from sellers which are primarily small and medium businesses (or mom-and-pop stores). At the same time, larger, more established retailers like Xiaomi (OTCPK:XIACF), Microsoft (MSFT), or Samsung (OTC:SSNLF) can leverage Shopee&#39;s two premium shopping platforms, Shopee Mall and Shopee Premium.</p><p>Along with Shopee&#39;s e-commerce marketplace, Shopee also offers adjacent products and services for both buyers and sellers:</p><ul><li><b>Service by Shopee</b> - Value-added services for sellers such as integrated payment, logistics, fulfillment, seller support, inventory management, and online store operations.</li><li><b>BuyerProtection</b> - Consumer protection policies and procedures including seller verification, product listing screening, and dispute resolution. In addition, Shopee Guarantee reduces settlement risks by holding customers&#39; funds in a separate account until delivery is complete, where funds will be released to buyers.</li><li><b>Integrated Logistics Services</b>- Shopee partners with various local and regional third-party logistics service providers to provide a seamless last-mile delivery experience for both buyers and sellers. Shopee also has its own delivery service called Shopee Xpress.</li><li><b>Social Features</b> - Shopee also offers other social and gamification features, including Shopee Coins (virtual currency), Shopee Live (livestream), Shopee Games (in-app games), and Shopee Feed (similar to Instagram).</li><li><b>On-demand Services</b>- Shopee also recently launched on-demand services such as ShopeeFood, instant delivery, and groceries, competing directly with Grab (GRAB), Gojek, and Uber (UBER).</li></ul><p>Shopee&#39;s scale is unmatched and it is still growing at an unprecedented pace. According to data.ai, Shopee in Southeast Asia and Taiwan ranked first in average monthly active users and total time spent in the app in 2021. Shopee Indonesia, arguably Shopee&#39;s most important market, ranked first in the Shopping category. Shopee Brazil, which launched in October 2019, was also ranked first in the Shopping category. And globally, Shopee ranked first in the Shopping category, and is the #13 most downloaded app regardless of category, logging in 200+ million downloads in 2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3f9c550b140720336e00cc78e954d184\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p><b>SeaMoney</b></p><p>SeaMoney was launched in 2014 and is now one of the leading digital financial services providers in Sea&#39;s operating countries. SeaMoney offers mobile wallet services, payment processing, credit, and other digital financial services. These services are offered under SeaMoney&#39;s various brands including AirPay, ShopeePay, SPayLater, and other local brands depending on the country. SeaMoney was initially launched in Vietnam and Thailand but has since expanded to other regions.</p><p>Through SeaMoney&#39;s mobile wallet offerings, consumers and merchants have added flexibility in terms of payment options, whether through online or offline means. The launch of SPayLater, which is basically a &#34;buy now pay later&#34; payment option, enables consumers to purchase items without accessing credit. For those who are interested, I&#39;ve written a deep dive on Affirm (AFRM) where I discuss the main value propositions that BNPL provides.</p><p>SeaMoney has obtained bank licenses and government approvals to provide financial services in various countries. For example, Sea acquired Bank Kesejahteraan Ekonomi in Indonesia back in early 2021 as a push towards offering a digital banking solution. The company is now rebranded to SeaBank, which currently offers a high-yield savings account and virtual account.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c85c862195f86fe9d4f0f8c8beced6b\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SeaBank Website</span></p><p>SeaMoney&#39;s main value proposition lies in offering a mobile wallet and payment solutions that are integrated with Sea&#39;s other businesses, namely Garena and Shopee, enabling consumers and merchants to transact seamlessly in one vertically-integrated platform.</p><p><b>Market Opportunity</b></p><p>Sea&#39;s market opportunity is predicated around the industry outlook of each of its business segments: mobile gaming, e-commerce, and fintech. Let&#39;s take a look at each industry that Sea operates in.</p><p>First, we have the mobile gaming industry. According to data.ai, Mobile Game Consumer Spend grew from $74 billion in 2018 to $116 billion in 2021, while Mobile Game Downloads grew from 63 billion in 2018 to 83 billion in 2021. Among the Top Genres by Downloads were Hypercasual games such as Hair Challenge and Water Sort Puzzle. However, the Top Genres by Consumer Spend belong to the Strategy, RPG, and Shooting categories where Garena specializes in. For example, Free Fire was the top Shooting game by revenue in Thailand, Brazil, Mexico, and the US, in 2021. Globally, however, it is still behind PUBG Mobile, which generates the bulk of its revenue from China.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f72bda6df6bc2b7bdf8756d218f53185\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p>According to Adjust, the mobile gaming industry is expected to reach $272 billion by 2030, which is about 1.5x of 2021&#39;s total figure. Given Garena&#39;s successes in monetizing its games, Garena should continue to enjoy gaming tailwinds in the foreseeable future, provided that its games remain in trend. This is also supported by Unity&#39;s findings that the APAC region is the fastest-growing regional market, a market that Garena dominates in.</p><p>Moving on to e-commerce, we all know that e-commerce is growing rapidly and that its market share as a whole will continue to trend up from here. This is especially true for the Southeast Asian region where internet and smartphone adoption continues to increase by the day. Based on the e-Conomy SEA report, Southeast Asia now has 440 million internet users, up from 360 million in 2019. Its total population is about 589 million.</p><p>Internet Gross Merchandise Value, or GMV, for the region was $170 billion in 2021 and is expected to reach $360 billion by 2025 with e-commerce leading the charge. The shift to e-commerce is not only happening on the consumer side but also on the merchant side. Digital marketing tools, analytical tools, and digital payment solutions have accelerated business for merchants. Shopee&#39;s vertically-integrated platform also makes it easy for merchants in these developing countries to set up shop, distribute goods, and accept payments in a single platform.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fcb903aed7c0ec901fc83c4f25f18b8\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: e-Conomy SEA 2021</span></p><p>Furthermore, Sea has recently expanded its e-commerce operations to other regions such as Latin America and Europe, which further expands its market opportunity.</p><p>Lastly, we have the fintech industry pertaining to SeaMoney. In my <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> (PYPL) deep dive, I discussed the growth of mobile wallets as a payment method in both online and offline transactions. The shift to a cashless and cardless society is inevitable and that is also true for Sea&#39;s markets.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47ec896a6208b6023ae89f654704bbc7\" tg-width=\"1261\" tg-height=\"706\" referrerpolicy=\"no-referrer\"/><span>Source: Ark Invest Big Ideas 2022</span></p><p>As you can see below, mobile wallets continue to gain traction in Southeast Asia. In addition, 92% of digital merchants intend to maintain usage or increase usage of digital payments in the next 1 to 2 years. ShopeePay and SeaMoney&#39;s other brands will benefit from this trend. Also of important note, SeaMoney&#39;s expansion to buy now pay later with SPayLater will be a key GMV and revenue driver for the segment. These are the reasons why some investors are so bullish on SeaMoney and why SeaMoney is a monster lurking in the shadows.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0eb814b800c3121e3fb8cd0913f239d5\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: e-Conomy SEA 2021</span></p><p>As you can see, Sea is at the forefront of three megatrends which should propel the business forward from here. Also, combining the different verticals in the same platform would present a significant synergistic opportunity as Sea establishes itself as a SuperApp in the making.</p><p><b>Revenue Model</b></p><p>As mentioned previously, Sea operates three main business segments.</p><p><b>Digital Entertainment</b></p><p>Garena operates a freemium model whereby users can download and play games for free. The company generates revenue by selling in-game virtual items such as clothing, weaponry, or equipment.</p><p>Investors should take note of how revenue is recognized for this segment. According to Sea&#39;s 10-K:</p><blockquote>Proceeds from these sales are initially recognized as “Advances from customers” and subsequently reclassified to “Deferred revenue” when the users make in-game purchases of the virtual currencies or virtual items within the games operated by the Company and the in-game purchases are no longer refundable.</blockquote><p>Garena also licenses games from other game developers. Revenue is generated based on revenue-sharing/royalty agreements with these developers. Revenue is recognized over the performance obligation period.</p><blockquote>Such delivery obligation period is determined in accordance with the estimated average lifespan of the virtual goods sold or estimated average lifespan of the paying users of the said games or similar games.</blockquote><p><b>E-commerce</b></p><p>Shopee generates revenue through a marketplace model. Sellers on the platform pay Shopee based on paid advertisement services, transaction-based fees, logistics services, and other value-added services.</p><p>Shopee also generates revenue from goods sold directly by Shopee, which the company purchases in bulk from manufacturers or third-party suppliers.</p><p><b>Digital Financial Services</b></p><p>SeaMoney revenue consists of:</p><ul><li>Interest and fees from loans granted to commercial customers</li><li>Interest and fees from Sea&#39;s consumer credit business such as SPayLater</li><li>Commissions charged to merchants when a customer pays using SeaMoney&#39;s mobile wallet</li></ul><p><b>Income Statement</b></p><p>Let&#39;s analyze each of the business segments and then look at the entire Group as a whole.</p><p><b>Digital Entertainment</b></p><p>Garena Revenue saw a 104% increase YoY in Q4. For the full year, Garena Revenue was up 114% YoY.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/998dfbcf3f3dba11b8f8722710c36ba4\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The rapid increase in Revenue was primarily due to recognition of accumulated deferred revenue from previous quarters. Bookings—which is essentially GAAP Revenue plus the change in digital entertainment deferred revenue —actually dropped for the first time QoQ and it is now lower than Revenue. This means that gamers are spending less on in-virtual items which will lead to lower Revenue recognized in subsequent quarters. As you can see, Bookings is in a massive deceleration.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e06de5e6066b66cd5596a445cd912c98\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The drop in Bookings was due to fewer gamers in the platform as the economy reopens and people spend more time outdoors, at school, or in the office. Quarterly Active Users, or QAUs, grew only 7% in Q4 to 652 million, compared to Q3&#39;s QAUs of 729 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c5bdd570a9eb859a9fef8569c9fad10a\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As a result, Quarterly Paying Users, or QPUs, decelerated as well, which led to lower Bookings. Q4 QPUs was 77 million compared to Q3&#39;s 93 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/092c4a2f47b9336f2753b4548707b39f\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The markets reacted negatively to this slowdown in Garena growth as the gaming business acts as the lifeline for Sea&#39;s two other segments. As you can see, Garena is a high-margin business, producing Adjusted EBITDA of $2.7 billion in FY2021. Operating Margin is very high at 61% in Q4. AEBITDA margin, on the other hand, is trending downwards as QoQ adds in Bookings wither.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f28c9f35ee55afb5c7d170a80d26ebf2\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As such, the slowdown in growth for Garena is scaring investors away as it may not provide sufficient cash flow to fund the continued growth of Shopee and SeaMoney.</p><p><b>E-Commerce</b></p><p>Shopee GMV continues its upward march as e-commerce continues to gain traction in Shopee&#39;s existing and newer markets. However, we&#39;re also seeing a deceleration in growth due to tough YoY comps. GMV in FY2021 was $62.5 billion, an increase of 77%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f657f7cacc9e00bc57df0e913fdb9ae\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>GMV growth was also due to an increase in Orders in the Shopee platform, which totaled 6.1 billion in FY2021, an increase of 117%. Average Order Value, or AOV, however, is trending downwards. This may be perceived negatively as processing more lower-AOV orders meant higher logistical expenses and thus lower margins per order.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5fbc7f044de03ec379f262a5bfcdf331\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The increase in GMV translated to higher Shopee Revenue, which grew faster than GMV. Shopee Revenue grew 136% to $5.1 billion in FY2021, as compared to GMV growth of 77%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27710dc2140a6d139900819f51bd688a\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The faster growth in Revenue was due to Shopee&#39;s increasing take rate, which displays Shopee&#39;s ability to monetize its marketplace platform. This is one of the only few positive developments coming out of the most recent earnings update.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e4267bc5d33a2153e8624f73ed71540\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Despite the improving Revenue and take rate, Shopee is still suffering huge losses and it is mounting with each subsequent quarter, primarily due to the company expanding into new markets. FY2021 Shopee AEBITDA was $(2.6) billion at a -50% margin. Recall that Garena AEBITDA was $2.7 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9d27cef61bc9a9058233f7eccc5eaa1\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>AEBITDA per Order has been improving, although it flat-lined in the last few quarters. Again, this is due to the company aggressively expanding into new markets. For example, in Q4, Shopee Brazil recorded 140+ million gross orders with a $70+ million Revenue, up 400% and 326%, respectively. However, AEBITDA per Order in Brazil is still negative at $(2) per Order, despite being a 40% improvement from last year. As such, it is still a far cry from the overall AEBITDA per Order of $(0.45).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c0d6aa930a81ea4fc153b7134dbf9d3\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>On the bright side, in Southeast Asia and Taiwan, Q4 AEBITDA per Order before &#34;allocation of the headquarters’ common expenses&#34; was $(0.15), an improvement from last year&#39;s $(0.21). This shows that there is certainly hope for Shopee to be AEBITDA positive soon, which management has pointed out during the Q4 earnings call:</p><blockquote>We currently expect Shopee to achieve positive adjusted EBITDA before HQ cost allocation in Southeast Asia and Taiwan by this year. We also expect SeaMoney to achieve positive cash flow by next year. As a result, we currently expect that by 2025 cash generated by Shopee and SeaMoney proactively will enable these two businesses to substantially self-fund their own long-term growth.</blockquote><p><b>Digital Financial Services</b></p><p>SeaMoney&#39;s Mobile Wallet Total Payment Volume grew 120% YoY to $17.2 billion in FY2021 due to the increasing adoption of mobile wallets in the region.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fa5ef6efa513d9040963fda42b4b9f2\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The growth in TPV was largely driven by the growth in QAUs. As shown below, the total ending QAUs in Q4 grew 90% YoY to 45.8 million users.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9397aec066366f40ec92c24187347a44\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The real exciting part is that Revenue grew much faster than TPV and QAUs. SeaMoney Revenue is growing at a blistering pace, locking in high triple-digit growth rates over the last few years. FY2021 SeaMoney Revenue was $470 million, which is an increase of 673% from the previous year. This is due to take rates increasing from less than 1% in FY2020 to almost 4% by the end of the latest quarter.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dcaf6046cf3c27e00b233a8428eb2d75\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Furthermore, in Indonesia, over 20% of the QAUs have used more than one SeaMoney product or service, which includes credit services, digital banking, and insurance. As SeaMoney introduces more offerings, revenue should accelerate meaningfully as average revenue per user increases when people use additional products.</p><p>As SeaMoney continues to gain scale, the segment will enjoy better unit economics. As shown below, while SeaMoney&#39;s AEBITDA is still in deeply negative territories, AEBITDA Margins has continued to trend towards profitability. Management also expects SeaMoney to be cash flow positive by next year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51f0d5a1800fef748694417e8cb8fc9f\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>This is the segment that investors should pay special attention to, given that it has the potential to be Sea&#39;s second cash cow. For example, PayPal has Operating Margins of 20%+, which could be SeaMoney&#39;s long-term margin profile.</p><p><b>Group</b></p><p>With that said, let&#39;s take a look at how the business is doing as a whole.</p><p>FY2021 Revenue was $10.0 billion, an increase of 128% YoY. Due to the law of large numbers and tough YoY comps, Revenue growth should decelerate from here.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/38de60bd773f3ef7afc4b2e28aa1c08f\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Here, we can see how Revenue is distributed across the different segments.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a86e59478db8a3a4fdc85897f24410e9\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>What&#39;s encouraging is that Gross Profit Margins continue to trend upwards as the company gains economies of scale, even accounting for Shopee&#39;s aggressive expansion into new markets. FY2021 Gross Profit was $3.9 billion, up 189% YoY.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd978ba4047cc6e20ac6086ba8420a8f\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Operating Expenses, however, remain elevated as management forgoes short-term profitability for long-term market dominance. FY2021 Total Operating Expenses were $5.5 billion. Below shows the different components of Operating Expenses as a percentage of Revenue.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fbdbde2c2ae744f36f8168ed32f94d62\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Most of the Operating Expenses were used for Sales &amp; Marketing purposes. Unsurprisingly, Shopee had the highest S&amp;M burn rate. Discounts, cashback, celebrity promotions... they&#39;re everywhere.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5253f186120da17c4cd901e5c442bd1e\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As a result, Operating Profit Margins is still negative, although it is trending in the right direction.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a27b7833551107397c44acefc5ad2475\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>AEBITDA, on the other hand, is plunging. This is due to Garena&#39;s falling Bookings and Shoppe&#39;s widening losses. AEBITDA for FY2021 was $(594) million, compared to FY2020 positive AEBITDA of $107 million. This is probably the most concerning figure for investors as such a high cash burn rate is unsustainable, which may also lead to additional capital raises that are dilutive to shareholders.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d89fb95f74e23e85f8932870c0190bee\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The guidance did not help either. Garena Bookings is expected to fall to just $3 billion, which is $1.3 billion lower than FY2021&#39;s number. Management blamed the reopening of the economy as well as the ban of Free Fire in India for the expected drop in Bookings. Assuming a modest 50% AEBITDA margin, Garena would bring in just $1.5 billion of AEBITDA for Sea in FY2022.</p><p>On the other side, the other two segments are expected to continue with their immense pace of growth — Shopee and SeaMoney are expected to grow by 76% and 155%, respectively. If we assume a (50)% AEBITDA margin for both segments, Shopee and SeaMoney is expected to burn a total of about $(5.1) billion of AEBITDA. Adding Garena&#39;s estimated AEBITDA of $1.5 billion, Sea, as a Group, is expected to burn $(3.6) billion in FY2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae5e9399a838e5f841dcccaffbe673d8\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited FY2021 Q4 Investor Presentation</span></p><p>Because Garena is such an important piece of Shopee&#39;s and SeaMoney&#39;s growth story, a deceleration in Garena&#39;s business had investors reacting so negatively to Sea&#39;s latest earnings release, as now, the gaming business is incapable of covering the massive losses incurred by the other two business segments.</p><p><b>Balance Sheet</b></p><p>Sea&#39;s balance sheet position as of year-end FY2021 is at about $10.2 billion of Cash and Short Term Investments. While this may show that Sea has a substantial cushion against its short-term cash burn rate, its net cash position paints a different picture.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc30ee494abc2eda3b75434b96e4a66b\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited FY2021 Q4 Investor Presentation</span></p><p>Adjusting for Sea&#39;s debt, Sea ended the year with a net cash position of around $5.9 billion. A substantial amount of its total debt comes from its recent issuance of 0.25% Convertible Senior Notes due 2026. The notes were issued when the stock was trading at $318 per share back in September and the initial conversion price is set at $477 per share. So, yes... conversion in the next 2 to 3 years is very unlikely.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8d3d0030e6518cc4198245f624cc75e1\" tg-width=\"640\" tg-height=\"437\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>With net cash of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won&#39;t be long before Sea requires another cash infusion. Therefore, if the high cash burn rate persists for the next 2 to 3 years, investors face a major risk of increasing financial leverage and/or dilution in the form of equity raises.</p><p><b>Cash Flow Statement</b></p><p>Here is what cash flow looks like over the last few quarters. Notice how Operating Cash Flow turned negative in the last quarter. Most of the cash also comes from Financing activities.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a0aba061277a1410bb9f3dc176ea0115\" tg-width=\"640\" tg-height=\"263\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Unlike other high-flying growth companies, Sea&#39;s Share-Based Compensation expenses are relatively low.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81fa229682c8880d6edd35535ef6a747\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p><b>Competitive Moats</b></p><p>Based on my research and analysis, I identified three key competitive moats for Sea: brand, network effects, and barriers to entry. I used to think that Sea has cost advantages but as Garena becomes a smaller part of the overall business, and as losses continue to worsen, I have reason to believe that Sea no longer holds that moat.</p><p><b>Brand</b></p><p>As discussed in previous sections, Garena&#39;s games, particularly Free Fire, have consistently ranked as the most downloaded mobile game in the world. Additionally, the Shopee app has gained cross-border stardom and is now regarded as the most downloaded or fastest-trending shopping App in the countries it operates in. Lastly, SeaMoney is also gaining traction with banking licenses granted in various countries that should increase brand value and trust.</p><p><b>Network Effects</b></p><p>The sheer amount of app downloads leads to powerful network effects. Garena has 652 million QAUs, which is about 8% of the world&#39;s population. Shopee recorded 200+ million app downloads in FY2021 alone. SeaMoney QAUs topped 45.8 million in Q4 and it is still in the early stages of adoption.</p><p>With all these users in the Sea platform, cross-selling new products or services should be easier as Sea continues to scale. One such example is Shopee Brazil and Free Fire where each platform is encouraging consumers to use the other. As Sea continues to innovate and offer better experiences for its customers, the ecosystem gets bigger and tighter, leading to powerful network effects.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c641ac08707cc868b9e6004e2deaf950\" tg-width=\"1200\" tg-height=\"600\" referrerpolicy=\"no-referrer\"/><span>Source: Shopee Brazil</span></p><p><b>Barriers To Entry</b></p><p>I believe each of Sea&#39;s core businesses is operating in a winner-takes-most environment with high barriers to entry.</p><p>The mobile gaming environment requires the most talented developers to launch blockbuster games. Garena&#39;s Free Fire is certainly a blockbuster game and time in Free Fire&#39;s game means time away from other mobile games.</p><p>Just like how Amazon (AMZN) dominates in the US, the e-commerce landscape in Southeast Asia and Latin America is dominated by a few players, such as Shopee, Tokopedia, and <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a> (MELI). The scale and unit economics that these players have achieved makes it unsustainable for new entrants to compete with them.</p><p>Banking and fintech is also a highly-regulated environment. Furthermore, consumers prefer to have just one mobile wallet, such as ShopeePay, as opposed to owning several different fintech applications.</p><p><b>Valuation</b></p><p>Based on my sum-of-the-parts and comparable company valuation analysis, Sea looks to be slightly undervalued with 19% upside potential. Of course, comparables are not perfect but based on this, we can gauge where Sea stands among peers.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f2400cd917e5f6ce8c47ef74a8062093\" tg-width=\"640\" tg-height=\"353\" referrerpolicy=\"no-referrer\"/><span>Source: Author&#39;s Analysis</span></p><p>On the flip side, Sea looks extremely cheap on a historical basis. In terms of EV/Sales, Sea is trading at the lowest valuation since its IPO, trading at just 4.2x forward sales.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bed1fd805a89523bbb8fa982bee40079\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/><span>Source: Koyfin</span></p><p>In terms of EV/Gross Profit, Sea is trading even cheaper than its March 2020 lows.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdf589a808c84131e9c36aa7b65a5129\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/><span>Source: Koyfin</span></p><p>The valuation compression is warranted given that the company flew too close to the sun and now it is cratering back to the sea — not just for Sea, but almost all growth stocks took a beating. Growth is also slowing down and the macroeconomic environment looks gloomier than ever. However, this is not the end of the world; I think the markets are overreacting. Diversion from the mean goes both ways — perhaps, current prices present a good margin of safety for long-term investors.</p><p><b>Catalysts</b></p><ul><li><b>Successful International Expansion</b> — Shopee has been successful in replicating its playbook from Southeast Asia to Brazil. Recently, Shopee launched operations in India, Mexico, Chile, Colombia, Argentina, Poland, and Spain. If Shopee can take substantial market share in these new regions, Shopee&#39;s growth could turn exponential.</li><li><b>The Metaverse</b> — Sea&#39;s withering gaming division needs to be revitalized. New games and features could definitely provide the boost that it needs. For example, the metaverse is an exciting opportunity and Garena could introduce this concept to its 600+ million QAUs. Sea AI Lab (SAIL) and Sea Capital are two ventures that could accelerate the company into emerging industries, including the metaverse.</li></ul><blockquote>We will continue to encourage user-generated content by enhancing greater features and accessibility. We believe that a strong user reception to Craftland is a positive indicator of the initial success to encourage user participation in content creation and to build Free Fire into an increasingly open platform and is well aligned with major emerging industry trends such as metaverse.</blockquote><ul><li><b>Regional SuperApp</b> — Although this concept has yet to be discussed by management, launching a regional SuperApp could enhance user engagement to new levels. For example, imagine Shopee users being able to play games, shop, order food delivery, pay for services, transfer money, invest, all under one app. Imagine users being able to convert their deposited funds in ShopeePay, into ShopeeCoins, and use it to perform cross-border transactions.</li><li><b>Continued Growth In SeaMoney</b> — SeaMoney is still in its early stages and continued adoption of Sea&#39;s digital financial services offerings will be a strong addition to Sea&#39;s bull thesis. SPayLater has real potential to disrupt the consumer credit industry. SeaBank and ShopeePay have the opportunity to capture digital wallet, digital banking, and cashless society trends.</li><li><b>Free Fire India Ban Lift</b>— Garena&#39;s weak guidance factored in the headwinds coming from the ban in India. If the ban is lifted, the stock may react positively as much of Sea&#39;s cash burn problems may be eliminated.</li></ul><p><b>Risks</b></p><ul><li><b>The Pressure to Launch Blockbuster Games</b>— There will come a time when Free Fire will be dethroned as the most-played and most-downloaded game. That is just how the gaming business works. This puts a substantial risk on the cash flow generation potential of Garena. Launching blockbuster games is never easy and it requires many trials and errors along the way. For me, I would like to see Garena shift to a gaming franchise model where the company launches an updated version of an existing game every year or two, which presents a more stable and recurring revenue stream for the company. An example would be FIFA or Call of Duty.</li><li><b>Shopee India Ban</b> — With Free Fire banned in India, there&#39;s also the potential for Shoppe to be banned as well.</li><li><b>Failure to Gain Traction in International Markets</b>— Shopee pulled out of France in early March, an indication that Shoppe&#39;s business model is not replicable in other countries, especially in more developed regions. Shopee Poland and Spain may be next on the exit list as they hold a close resemblance to France.</li><li><b>Geopolitical Risks</b>— Tencent, a Chinese company, has an 18.7% equity stake in Sea. Sanctions, bans, and other restrictions on Chinese companies, given the current geopolitical environment, could spell trouble for Sea. Tencent may have to cut exposure on Sea or even dissolve its developing-publishing partnership with Garena.</li><li><b>Local Competition</b>— Local champions operating in their respective markets cannot be ignored. These include GoTo in Indonesia, MercadoLibre in Latin America, and Flipkart in India.</li></ul><p>In addition, there&#39;s a certain level of pride for consumers to see their native-born companies succeed. I&#39;m Indonesian, and it makes me really happy to see GoTo grow and grow.</p><p>GoTo, the holding company of both Indonesian tech darlings Gojek and Tokopedia, recently announced its plan to IPO in the Indonesia Stock Exchange. Here&#39;s a glance of GoTo&#39;s stats for the 12-months ended 30 September 2021:</p><ul><li>Valuation: $26.2 billion to $28.8 billion</li><li>GMV: $28.8 billion</li><li>Revenue: $1 billion</li><li>Gross Orders: 2 billion</li><li>Annual Transacting Users: 55 million</li><li>Driver Partners: 2.5 million</li><li>Merchants: 14 million</li></ul><p>The point is that there are big-time local players operating in Sea&#39;s markets that investors should never ignore. Here&#39;s a little snippet from my previous Shopee article:</p><blockquote>But with the GoTo merger, Indonesia could potentially extinguish the orange flame that charred its forest for many years. Now, GoTo could finally reclaim a good chunk of its territory that was lost to waves of competition, especially from Shopee. GoTo could finally gain more ground as the roots grew even stronger with the merger, fertilized with the synergies of value propositions, logistics, payments, and banking solutions.</blockquote><blockquote>Meanwhile, Sea Limited&#39;s stock continues to soar, ignoring the titan of an elephant in the room. And because of GoTo&#39;s integration, Shopee&#39;s vertically-integrated business model doesn&#39;t look like a strong competitive advantage anymore.</blockquote><p><b>Conclusion</b></p><p>Each of Sea&#39;s core businesses is in hypergrowth mode, propelled by megatrends in the mobile gaming, e-commerce, and fintech industry. Management understands these opportunities and therefore, is sacrificing short-term profitability for long-term market dominance. Despite being a larger business, Sea still has a massive growth runway ahead.</p><p>That is not to say that unprofitability and competition risks can and should be ignored. The biggest concern for investors is the company&#39;s unsustainable cash burn rate, which will likely lead to further capital raises in the near future.</p><p>Nonetheless, the long-term growth thesis for the three-headed monster remains intact. Strong brand, network effects, and barriers to entry moats should support the business going forward. In addition, shares of Sea are trading at the lowest valuation multiples ever, which presents a good margin of safety for an entry at these prices.</p><p>Thank you for reading my Sea Limited deep dive. If you enjoyed the article, please let me know in the comment section down below. If you have any suggestions or feedback, don&#39;t hesitate to share your thoughts as well.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited: The Three-Headed Monster</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Limited: The Three-Headed Monster\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-19 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.In addition, Shopee's losses are widening. However, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2220777059","content_text":"SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.In addition, Shopee's losses are widening. However, the e-commerce segment is expected to be self-funded by 2025. This is achievable as take rates are trending in the right direction.SeaMoney is also gaining traction at an unprecedented pace, a monster lurking in the shadows. Investors should pay attention as this segment could serve as Sea's second cash cow.With a net cash position of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won't be long before Sea requires another cash infusion.Despite unprofitability risks, Sea has a strong brand, network effects, and barriers to entry moats. The stock is trading at the lowest multiple ever - it is worth a nibble at these prices.undefined undefined/iStock via Getty ImagesI've been following Sea Limited ADR (NYSE:SE) for quite some time now and the stock got me interested again given the recent 75% selloff. Today, I'm doing a deep dive on the three-headed monster (and each of its heads) to see if the company is a good investment opportunity at these levels. Let's get started!Investment ThesisSea is at the forefront of the internet revolution in developing regions. This had many investors buying into the growth story of the company, sending shares soaring high into the sun for the better part of 2020 and 2021. However, the stock has cratered back to sea amid concerns about the company's slowing growth, especially for its only cash cow, Garena. To make matters worse, Shopee's losses are also getting worse.The Group's cash burn rate is still high, estimated to be $(3.6) billion in FY2022. With a net cash position of $5.9 billion, future capital raises are very likely.On the bright side, Sea still has a long growth runway ahead, solidified by its leadership positions in Southeast Asia and Latin America. SeaMoney, although still unprofitable, could also emerge as Sea's second cash cow.Despite unprofitability and competitive risks, Sea has strong competitive moats and it is trading at the cheapest valuation multiples since its IPO.The three-headed monster is a Buy at these levels.Value PropositionFounded in Singapore in 2009, Sea has grown to become the leading consumer internet company in the world, with a substantial presence in the Southeast Asian region.Mission: To better the lives of consumers and small businesses with technology.Sea is a holding company for three core businesses: Garena, Shopee, and SeaMoney. Sea's main value proposition is providing a vertically-integrated experience through its different core businesses.GarenaIts digital entertainment division, Garena, was Sea's first business venture. In fact, Sea was originally named Garena Interactive Holding Limited before changing its name to Sea Limited in 2017.Garena is one of the largest online games developers and publishers, releasing some of the most successful mobile and PC games over the last decade. For example, Garena's Free Fire, its self-developed mobile battle royale game, topped the global download charts for the last three years. According to data.ai, Free Fire also ranked second globally by average monthly active users on Google Play in 2021. In Southeast Asia and Latin America, Free Fire was the highest-grossing mobile game for ten consecutive quarters, and in the US for four consecutive quarters. Based on Sensor Tower's findings, Free Fire still holds the most downloads globally as of January 2022.Source: SensorTowerGarena also exclusively licenses and publishes games from global partners and third-party developers. Some of these partners include Tencent (OTCPK:TCEHY), Activision (ATVI), and Arumgames. Games like Speed Drifters, Arena of Valor, and Fantasy Town fall into this category as they are co-developed with partners or licensed from partners.In addition, Garena organizes some of the largest e-sports events from local tournaments to professional competitions at a global level. Moreover, Garena offers other entertainment content such as live-streaming, user chat, and online forums.ShopeePerhaps the most exciting business segment is Sea's mobile-centric e-commerce platform, Shopee. Launched in 2015, Shopee is now one of the fastest-growing e-commerce marketplaces with a strong presence in Southeast Asia, as well as growing recognition in Latin America and some European countries.Source: ShopeeThrough the Shopee platform, buyers can purchase items from sellers which are primarily small and medium businesses (or mom-and-pop stores). At the same time, larger, more established retailers like Xiaomi (OTCPK:XIACF), Microsoft (MSFT), or Samsung (OTC:SSNLF) can leverage Shopee's two premium shopping platforms, Shopee Mall and Shopee Premium.Along with Shopee's e-commerce marketplace, Shopee also offers adjacent products and services for both buyers and sellers:Service by Shopee - Value-added services for sellers such as integrated payment, logistics, fulfillment, seller support, inventory management, and online store operations.BuyerProtection - Consumer protection policies and procedures including seller verification, product listing screening, and dispute resolution. In addition, Shopee Guarantee reduces settlement risks by holding customers' funds in a separate account until delivery is complete, where funds will be released to buyers.Integrated Logistics Services- Shopee partners with various local and regional third-party logistics service providers to provide a seamless last-mile delivery experience for both buyers and sellers. Shopee also has its own delivery service called Shopee Xpress.Social Features - Shopee also offers other social and gamification features, including Shopee Coins (virtual currency), Shopee Live (livestream), Shopee Games (in-app games), and Shopee Feed (similar to Instagram).On-demand Services- Shopee also recently launched on-demand services such as ShopeeFood, instant delivery, and groceries, competing directly with Grab (GRAB), Gojek, and Uber (UBER).Shopee's scale is unmatched and it is still growing at an unprecedented pace. According to data.ai, Shopee in Southeast Asia and Taiwan ranked first in average monthly active users and total time spent in the app in 2021. Shopee Indonesia, arguably Shopee's most important market, ranked first in the Shopping category. Shopee Brazil, which launched in October 2019, was also ranked first in the Shopping category. And globally, Shopee ranked first in the Shopping category, and is the #13 most downloaded app regardless of category, logging in 200+ million downloads in 2021.Source: SensorTowerSeaMoneySeaMoney was launched in 2014 and is now one of the leading digital financial services providers in Sea's operating countries. SeaMoney offers mobile wallet services, payment processing, credit, and other digital financial services. These services are offered under SeaMoney's various brands including AirPay, ShopeePay, SPayLater, and other local brands depending on the country. SeaMoney was initially launched in Vietnam and Thailand but has since expanded to other regions.Through SeaMoney's mobile wallet offerings, consumers and merchants have added flexibility in terms of payment options, whether through online or offline means. The launch of SPayLater, which is basically a \"buy now pay later\" payment option, enables consumers to purchase items without accessing credit. For those who are interested, I've written a deep dive on Affirm (AFRM) where I discuss the main value propositions that BNPL provides.SeaMoney has obtained bank licenses and government approvals to provide financial services in various countries. For example, Sea acquired Bank Kesejahteraan Ekonomi in Indonesia back in early 2021 as a push towards offering a digital banking solution. The company is now rebranded to SeaBank, which currently offers a high-yield savings account and virtual account.Source: SeaBank WebsiteSeaMoney's main value proposition lies in offering a mobile wallet and payment solutions that are integrated with Sea's other businesses, namely Garena and Shopee, enabling consumers and merchants to transact seamlessly in one vertically-integrated platform.Market OpportunitySea's market opportunity is predicated around the industry outlook of each of its business segments: mobile gaming, e-commerce, and fintech. Let's take a look at each industry that Sea operates in.First, we have the mobile gaming industry. According to data.ai, Mobile Game Consumer Spend grew from $74 billion in 2018 to $116 billion in 2021, while Mobile Game Downloads grew from 63 billion in 2018 to 83 billion in 2021. Among the Top Genres by Downloads were Hypercasual games such as Hair Challenge and Water Sort Puzzle. However, the Top Genres by Consumer Spend belong to the Strategy, RPG, and Shooting categories where Garena specializes in. For example, Free Fire was the top Shooting game by revenue in Thailand, Brazil, Mexico, and the US, in 2021. Globally, however, it is still behind PUBG Mobile, which generates the bulk of its revenue from China.Source: SensorTowerAccording to Adjust, the mobile gaming industry is expected to reach $272 billion by 2030, which is about 1.5x of 2021's total figure. Given Garena's successes in monetizing its games, Garena should continue to enjoy gaming tailwinds in the foreseeable future, provided that its games remain in trend. This is also supported by Unity's findings that the APAC region is the fastest-growing regional market, a market that Garena dominates in.Moving on to e-commerce, we all know that e-commerce is growing rapidly and that its market share as a whole will continue to trend up from here. This is especially true for the Southeast Asian region where internet and smartphone adoption continues to increase by the day. Based on the e-Conomy SEA report, Southeast Asia now has 440 million internet users, up from 360 million in 2019. Its total population is about 589 million.Internet Gross Merchandise Value, or GMV, for the region was $170 billion in 2021 and is expected to reach $360 billion by 2025 with e-commerce leading the charge. The shift to e-commerce is not only happening on the consumer side but also on the merchant side. Digital marketing tools, analytical tools, and digital payment solutions have accelerated business for merchants. Shopee's vertically-integrated platform also makes it easy for merchants in these developing countries to set up shop, distribute goods, and accept payments in a single platform.Source: e-Conomy SEA 2021Furthermore, Sea has recently expanded its e-commerce operations to other regions such as Latin America and Europe, which further expands its market opportunity.Lastly, we have the fintech industry pertaining to SeaMoney. In my PayPal (PYPL) deep dive, I discussed the growth of mobile wallets as a payment method in both online and offline transactions. The shift to a cashless and cardless society is inevitable and that is also true for Sea's markets.Source: Ark Invest Big Ideas 2022As you can see below, mobile wallets continue to gain traction in Southeast Asia. In addition, 92% of digital merchants intend to maintain usage or increase usage of digital payments in the next 1 to 2 years. ShopeePay and SeaMoney's other brands will benefit from this trend. Also of important note, SeaMoney's expansion to buy now pay later with SPayLater will be a key GMV and revenue driver for the segment. These are the reasons why some investors are so bullish on SeaMoney and why SeaMoney is a monster lurking in the shadows.Source: e-Conomy SEA 2021As you can see, Sea is at the forefront of three megatrends which should propel the business forward from here. Also, combining the different verticals in the same platform would present a significant synergistic opportunity as Sea establishes itself as a SuperApp in the making.Revenue ModelAs mentioned previously, Sea operates three main business segments.Digital EntertainmentGarena operates a freemium model whereby users can download and play games for free. The company generates revenue by selling in-game virtual items such as clothing, weaponry, or equipment.Investors should take note of how revenue is recognized for this segment. According to Sea's 10-K:Proceeds from these sales are initially recognized as “Advances from customers” and subsequently reclassified to “Deferred revenue” when the users make in-game purchases of the virtual currencies or virtual items within the games operated by the Company and the in-game purchases are no longer refundable.Garena also licenses games from other game developers. Revenue is generated based on revenue-sharing/royalty agreements with these developers. Revenue is recognized over the performance obligation period.Such delivery obligation period is determined in accordance with the estimated average lifespan of the virtual goods sold or estimated average lifespan of the paying users of the said games or similar games.E-commerceShopee generates revenue through a marketplace model. Sellers on the platform pay Shopee based on paid advertisement services, transaction-based fees, logistics services, and other value-added services.Shopee also generates revenue from goods sold directly by Shopee, which the company purchases in bulk from manufacturers or third-party suppliers.Digital Financial ServicesSeaMoney revenue consists of:Interest and fees from loans granted to commercial customersInterest and fees from Sea's consumer credit business such as SPayLaterCommissions charged to merchants when a customer pays using SeaMoney's mobile walletIncome StatementLet's analyze each of the business segments and then look at the entire Group as a whole.Digital EntertainmentGarena Revenue saw a 104% increase YoY in Q4. For the full year, Garena Revenue was up 114% YoY.Source: Sea Limited Investor Relations and Author's AnalysisThe rapid increase in Revenue was primarily due to recognition of accumulated deferred revenue from previous quarters. Bookings—which is essentially GAAP Revenue plus the change in digital entertainment deferred revenue —actually dropped for the first time QoQ and it is now lower than Revenue. This means that gamers are spending less on in-virtual items which will lead to lower Revenue recognized in subsequent quarters. As you can see, Bookings is in a massive deceleration.Source: Sea Limited Investor Relations and Author's AnalysisThe drop in Bookings was due to fewer gamers in the platform as the economy reopens and people spend more time outdoors, at school, or in the office. Quarterly Active Users, or QAUs, grew only 7% in Q4 to 652 million, compared to Q3's QAUs of 729 million.Source: Sea Limited Investor Relations and Author's AnalysisAs a result, Quarterly Paying Users, or QPUs, decelerated as well, which led to lower Bookings. Q4 QPUs was 77 million compared to Q3's 93 million.Source: Sea Limited Investor Relations and Author's AnalysisThe markets reacted negatively to this slowdown in Garena growth as the gaming business acts as the lifeline for Sea's two other segments. As you can see, Garena is a high-margin business, producing Adjusted EBITDA of $2.7 billion in FY2021. Operating Margin is very high at 61% in Q4. AEBITDA margin, on the other hand, is trending downwards as QoQ adds in Bookings wither.Source: Sea Limited Investor Relations and Author's AnalysisAs such, the slowdown in growth for Garena is scaring investors away as it may not provide sufficient cash flow to fund the continued growth of Shopee and SeaMoney.E-CommerceShopee GMV continues its upward march as e-commerce continues to gain traction in Shopee's existing and newer markets. However, we're also seeing a deceleration in growth due to tough YoY comps. GMV in FY2021 was $62.5 billion, an increase of 77%.Source: Sea Limited Investor Relations and Author's AnalysisGMV growth was also due to an increase in Orders in the Shopee platform, which totaled 6.1 billion in FY2021, an increase of 117%. Average Order Value, or AOV, however, is trending downwards. This may be perceived negatively as processing more lower-AOV orders meant higher logistical expenses and thus lower margins per order.Source: Sea Limited Investor Relations and Author's AnalysisThe increase in GMV translated to higher Shopee Revenue, which grew faster than GMV. Shopee Revenue grew 136% to $5.1 billion in FY2021, as compared to GMV growth of 77%.Source: Sea Limited Investor Relations and Author's AnalysisThe faster growth in Revenue was due to Shopee's increasing take rate, which displays Shopee's ability to monetize its marketplace platform. This is one of the only few positive developments coming out of the most recent earnings update.Source: Sea Limited Investor Relations and Author's AnalysisDespite the improving Revenue and take rate, Shopee is still suffering huge losses and it is mounting with each subsequent quarter, primarily due to the company expanding into new markets. FY2021 Shopee AEBITDA was $(2.6) billion at a -50% margin. Recall that Garena AEBITDA was $2.7 billion.Source: Sea Limited Investor Relations and Author's AnalysisAEBITDA per Order has been improving, although it flat-lined in the last few quarters. Again, this is due to the company aggressively expanding into new markets. For example, in Q4, Shopee Brazil recorded 140+ million gross orders with a $70+ million Revenue, up 400% and 326%, respectively. However, AEBITDA per Order in Brazil is still negative at $(2) per Order, despite being a 40% improvement from last year. As such, it is still a far cry from the overall AEBITDA per Order of $(0.45).Source: Sea Limited Investor Relations and Author's AnalysisOn the bright side, in Southeast Asia and Taiwan, Q4 AEBITDA per Order before \"allocation of the headquarters’ common expenses\" was $(0.15), an improvement from last year's $(0.21). This shows that there is certainly hope for Shopee to be AEBITDA positive soon, which management has pointed out during the Q4 earnings call:We currently expect Shopee to achieve positive adjusted EBITDA before HQ cost allocation in Southeast Asia and Taiwan by this year. We also expect SeaMoney to achieve positive cash flow by next year. As a result, we currently expect that by 2025 cash generated by Shopee and SeaMoney proactively will enable these two businesses to substantially self-fund their own long-term growth.Digital Financial ServicesSeaMoney's Mobile Wallet Total Payment Volume grew 120% YoY to $17.2 billion in FY2021 due to the increasing adoption of mobile wallets in the region.Source: Sea Limited Investor Relations and Author's AnalysisThe growth in TPV was largely driven by the growth in QAUs. As shown below, the total ending QAUs in Q4 grew 90% YoY to 45.8 million users.Source: Sea Limited Investor Relations and Author's AnalysisThe real exciting part is that Revenue grew much faster than TPV and QAUs. SeaMoney Revenue is growing at a blistering pace, locking in high triple-digit growth rates over the last few years. FY2021 SeaMoney Revenue was $470 million, which is an increase of 673% from the previous year. This is due to take rates increasing from less than 1% in FY2020 to almost 4% by the end of the latest quarter.Source: Sea Limited Investor Relations and Author's AnalysisFurthermore, in Indonesia, over 20% of the QAUs have used more than one SeaMoney product or service, which includes credit services, digital banking, and insurance. As SeaMoney introduces more offerings, revenue should accelerate meaningfully as average revenue per user increases when people use additional products.As SeaMoney continues to gain scale, the segment will enjoy better unit economics. As shown below, while SeaMoney's AEBITDA is still in deeply negative territories, AEBITDA Margins has continued to trend towards profitability. Management also expects SeaMoney to be cash flow positive by next year.Source: Sea Limited Investor Relations and Author's AnalysisThis is the segment that investors should pay special attention to, given that it has the potential to be Sea's second cash cow. For example, PayPal has Operating Margins of 20%+, which could be SeaMoney's long-term margin profile.GroupWith that said, let's take a look at how the business is doing as a whole.FY2021 Revenue was $10.0 billion, an increase of 128% YoY. Due to the law of large numbers and tough YoY comps, Revenue growth should decelerate from here.Source: Sea Limited Investor Relations and Author's AnalysisHere, we can see how Revenue is distributed across the different segments.Source: Sea Limited Investor Relations and Author's AnalysisWhat's encouraging is that Gross Profit Margins continue to trend upwards as the company gains economies of scale, even accounting for Shopee's aggressive expansion into new markets. FY2021 Gross Profit was $3.9 billion, up 189% YoY.Source: Sea Limited Investor Relations and Author's AnalysisOperating Expenses, however, remain elevated as management forgoes short-term profitability for long-term market dominance. FY2021 Total Operating Expenses were $5.5 billion. Below shows the different components of Operating Expenses as a percentage of Revenue.Source: Sea Limited Investor Relations and Author's AnalysisMost of the Operating Expenses were used for Sales & Marketing purposes. Unsurprisingly, Shopee had the highest S&M burn rate. Discounts, cashback, celebrity promotions... they're everywhere.Source: Sea Limited Investor Relations and Author's AnalysisAs a result, Operating Profit Margins is still negative, although it is trending in the right direction.Source: Sea Limited Investor Relations and Author's AnalysisAEBITDA, on the other hand, is plunging. This is due to Garena's falling Bookings and Shoppe's widening losses. AEBITDA for FY2021 was $(594) million, compared to FY2020 positive AEBITDA of $107 million. This is probably the most concerning figure for investors as such a high cash burn rate is unsustainable, which may also lead to additional capital raises that are dilutive to shareholders.Source: Sea Limited Investor Relations and Author's AnalysisThe guidance did not help either. Garena Bookings is expected to fall to just $3 billion, which is $1.3 billion lower than FY2021's number. Management blamed the reopening of the economy as well as the ban of Free Fire in India for the expected drop in Bookings. Assuming a modest 50% AEBITDA margin, Garena would bring in just $1.5 billion of AEBITDA for Sea in FY2022.On the other side, the other two segments are expected to continue with their immense pace of growth — Shopee and SeaMoney are expected to grow by 76% and 155%, respectively. If we assume a (50)% AEBITDA margin for both segments, Shopee and SeaMoney is expected to burn a total of about $(5.1) billion of AEBITDA. Adding Garena's estimated AEBITDA of $1.5 billion, Sea, as a Group, is expected to burn $(3.6) billion in FY2021.Source: Sea Limited FY2021 Q4 Investor PresentationBecause Garena is such an important piece of Shopee's and SeaMoney's growth story, a deceleration in Garena's business had investors reacting so negatively to Sea's latest earnings release, as now, the gaming business is incapable of covering the massive losses incurred by the other two business segments.Balance SheetSea's balance sheet position as of year-end FY2021 is at about $10.2 billion of Cash and Short Term Investments. While this may show that Sea has a substantial cushion against its short-term cash burn rate, its net cash position paints a different picture.Source: Sea Limited FY2021 Q4 Investor PresentationAdjusting for Sea's debt, Sea ended the year with a net cash position of around $5.9 billion. A substantial amount of its total debt comes from its recent issuance of 0.25% Convertible Senior Notes due 2026. The notes were issued when the stock was trading at $318 per share back in September and the initial conversion price is set at $477 per share. So, yes... conversion in the next 2 to 3 years is very unlikely.Source: Sea Limited Investor Relations and Author's AnalysisWith net cash of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won't be long before Sea requires another cash infusion. Therefore, if the high cash burn rate persists for the next 2 to 3 years, investors face a major risk of increasing financial leverage and/or dilution in the form of equity raises.Cash Flow StatementHere is what cash flow looks like over the last few quarters. Notice how Operating Cash Flow turned negative in the last quarter. Most of the cash also comes from Financing activities.Source: Sea Limited Investor Relations and Author's AnalysisUnlike other high-flying growth companies, Sea's Share-Based Compensation expenses are relatively low.Source: Sea Limited Investor Relations and Author's AnalysisCompetitive MoatsBased on my research and analysis, I identified three key competitive moats for Sea: brand, network effects, and barriers to entry. I used to think that Sea has cost advantages but as Garena becomes a smaller part of the overall business, and as losses continue to worsen, I have reason to believe that Sea no longer holds that moat.BrandAs discussed in previous sections, Garena's games, particularly Free Fire, have consistently ranked as the most downloaded mobile game in the world. Additionally, the Shopee app has gained cross-border stardom and is now regarded as the most downloaded or fastest-trending shopping App in the countries it operates in. Lastly, SeaMoney is also gaining traction with banking licenses granted in various countries that should increase brand value and trust.Network EffectsThe sheer amount of app downloads leads to powerful network effects. Garena has 652 million QAUs, which is about 8% of the world's population. Shopee recorded 200+ million app downloads in FY2021 alone. SeaMoney QAUs topped 45.8 million in Q4 and it is still in the early stages of adoption.With all these users in the Sea platform, cross-selling new products or services should be easier as Sea continues to scale. One such example is Shopee Brazil and Free Fire where each platform is encouraging consumers to use the other. As Sea continues to innovate and offer better experiences for its customers, the ecosystem gets bigger and tighter, leading to powerful network effects.Source: Shopee BrazilBarriers To EntryI believe each of Sea's core businesses is operating in a winner-takes-most environment with high barriers to entry.The mobile gaming environment requires the most talented developers to launch blockbuster games. Garena's Free Fire is certainly a blockbuster game and time in Free Fire's game means time away from other mobile games.Just like how Amazon (AMZN) dominates in the US, the e-commerce landscape in Southeast Asia and Latin America is dominated by a few players, such as Shopee, Tokopedia, and MercadoLibre (MELI). The scale and unit economics that these players have achieved makes it unsustainable for new entrants to compete with them.Banking and fintech is also a highly-regulated environment. Furthermore, consumers prefer to have just one mobile wallet, such as ShopeePay, as opposed to owning several different fintech applications.ValuationBased on my sum-of-the-parts and comparable company valuation analysis, Sea looks to be slightly undervalued with 19% upside potential. Of course, comparables are not perfect but based on this, we can gauge where Sea stands among peers.Source: Author's AnalysisOn the flip side, Sea looks extremely cheap on a historical basis. In terms of EV/Sales, Sea is trading at the lowest valuation since its IPO, trading at just 4.2x forward sales.Source: KoyfinIn terms of EV/Gross Profit, Sea is trading even cheaper than its March 2020 lows.Source: KoyfinThe valuation compression is warranted given that the company flew too close to the sun and now it is cratering back to the sea — not just for Sea, but almost all growth stocks took a beating. Growth is also slowing down and the macroeconomic environment looks gloomier than ever. However, this is not the end of the world; I think the markets are overreacting. Diversion from the mean goes both ways — perhaps, current prices present a good margin of safety for long-term investors.CatalystsSuccessful International Expansion — Shopee has been successful in replicating its playbook from Southeast Asia to Brazil. Recently, Shopee launched operations in India, Mexico, Chile, Colombia, Argentina, Poland, and Spain. If Shopee can take substantial market share in these new regions, Shopee's growth could turn exponential.The Metaverse — Sea's withering gaming division needs to be revitalized. New games and features could definitely provide the boost that it needs. For example, the metaverse is an exciting opportunity and Garena could introduce this concept to its 600+ million QAUs. Sea AI Lab (SAIL) and Sea Capital are two ventures that could accelerate the company into emerging industries, including the metaverse.We will continue to encourage user-generated content by enhancing greater features and accessibility. We believe that a strong user reception to Craftland is a positive indicator of the initial success to encourage user participation in content creation and to build Free Fire into an increasingly open platform and is well aligned with major emerging industry trends such as metaverse.Regional SuperApp — Although this concept has yet to be discussed by management, launching a regional SuperApp could enhance user engagement to new levels. For example, imagine Shopee users being able to play games, shop, order food delivery, pay for services, transfer money, invest, all under one app. Imagine users being able to convert their deposited funds in ShopeePay, into ShopeeCoins, and use it to perform cross-border transactions.Continued Growth In SeaMoney — SeaMoney is still in its early stages and continued adoption of Sea's digital financial services offerings will be a strong addition to Sea's bull thesis. SPayLater has real potential to disrupt the consumer credit industry. SeaBank and ShopeePay have the opportunity to capture digital wallet, digital banking, and cashless society trends.Free Fire India Ban Lift— Garena's weak guidance factored in the headwinds coming from the ban in India. If the ban is lifted, the stock may react positively as much of Sea's cash burn problems may be eliminated.RisksThe Pressure to Launch Blockbuster Games— There will come a time when Free Fire will be dethroned as the most-played and most-downloaded game. That is just how the gaming business works. This puts a substantial risk on the cash flow generation potential of Garena. Launching blockbuster games is never easy and it requires many trials and errors along the way. For me, I would like to see Garena shift to a gaming franchise model where the company launches an updated version of an existing game every year or two, which presents a more stable and recurring revenue stream for the company. An example would be FIFA or Call of Duty.Shopee India Ban — With Free Fire banned in India, there's also the potential for Shoppe to be banned as well.Failure to Gain Traction in International Markets— Shopee pulled out of France in early March, an indication that Shoppe's business model is not replicable in other countries, especially in more developed regions. Shopee Poland and Spain may be next on the exit list as they hold a close resemblance to France.Geopolitical Risks— Tencent, a Chinese company, has an 18.7% equity stake in Sea. Sanctions, bans, and other restrictions on Chinese companies, given the current geopolitical environment, could spell trouble for Sea. Tencent may have to cut exposure on Sea or even dissolve its developing-publishing partnership with Garena.Local Competition— Local champions operating in their respective markets cannot be ignored. These include GoTo in Indonesia, MercadoLibre in Latin America, and Flipkart in India.In addition, there's a certain level of pride for consumers to see their native-born companies succeed. I'm Indonesian, and it makes me really happy to see GoTo grow and grow.GoTo, the holding company of both Indonesian tech darlings Gojek and Tokopedia, recently announced its plan to IPO in the Indonesia Stock Exchange. Here's a glance of GoTo's stats for the 12-months ended 30 September 2021:Valuation: $26.2 billion to $28.8 billionGMV: $28.8 billionRevenue: $1 billionGross Orders: 2 billionAnnual Transacting Users: 55 millionDriver Partners: 2.5 millionMerchants: 14 millionThe point is that there are big-time local players operating in Sea's markets that investors should never ignore. Here's a little snippet from my previous Shopee article:But with the GoTo merger, Indonesia could potentially extinguish the orange flame that charred its forest for many years. Now, GoTo could finally reclaim a good chunk of its territory that was lost to waves of competition, especially from Shopee. GoTo could finally gain more ground as the roots grew even stronger with the merger, fertilized with the synergies of value propositions, logistics, payments, and banking solutions.Meanwhile, Sea Limited's stock continues to soar, ignoring the titan of an elephant in the room. And because of GoTo's integration, Shopee's vertically-integrated business model doesn't look like a strong competitive advantage anymore.ConclusionEach of Sea's core businesses is in hypergrowth mode, propelled by megatrends in the mobile gaming, e-commerce, and fintech industry. Management understands these opportunities and therefore, is sacrificing short-term profitability for long-term market dominance. Despite being a larger business, Sea still has a massive growth runway ahead.That is not to say that unprofitability and competition risks can and should be ignored. The biggest concern for investors is the company's unsustainable cash burn rate, which will likely lead to further capital raises in the near future.Nonetheless, the long-term growth thesis for the three-headed monster remains intact. Strong brand, network effects, and barriers to entry moats should support the business going forward. In addition, shares of Sea are trading at the lowest valuation multiples ever, which presents a good margin of safety for an entry at these prices.Thank you for reading my Sea Limited deep dive. If you enjoyed the article, please let me know in the comment section down below. If you have any suggestions or feedback, don't hesitate to share your thoughts as well.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093952632,"gmtCreate":1643505773230,"gmtModify":1676533826306,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093952632","repostId":"1141977131","repostType":4,"repost":{"id":"1141977131","pubTimestamp":1643504687,"share":"https://www.laohu8.com/m/news/1141977131?lang=&edition=full","pubTime":"2022-01-30 09:04","market":"us","language":"en","title":"New York Snowfall Wraps Up After Storm Snarls Transportation","url":"https://stock-news.laohu8.com/highlight/detail?id=1141977131","media":"Reuters","summary":"Snow will come to an end across New York City after sunset from the powerful nor’easter that snarled","content":"<html><head></head><body><p>Snow will come to an end across New York City after sunset from the powerful nor’easter that snarled travel up and down the East Coast, dropped snow by the foot, and lashed Massachusetts with hurricane-force wind gusts that knocked out power to thousands.</p><p>New York got between 7.5 inches (19 centimeters) in Central Park to 10.3 inches at John F. Kennedy International Airport through the day, but across a large part of central and eastern Long Island totals reached above 20 inches, said Zack Taylor, a senior branch forecaster at the U.S. Weather Prediction Center. Across New Jersey there were reports of up to 18 inches, and some parts of eastern Massachusetts got two feet, the National Weather Service said. Boston has about 14.5 inches and snow should continue through midnight.</p><p>“The worst is probably over for the New York City metro area,” Taylor said. “The wind will still be an issue through tonight into the first part of tomorrow with blow and drifting snow.”</p><p>Temperatures will drop to 12 degrees Fahrenheit (-11 degrees Celsius) in Manhattan and 4 degrees in Boston, and together with the wind will feel closer to minus 5 to minus 10 overnight. “There are going to be pretty dangerous wind chills across much of the Northeast,” Taylor said.</p><p>Planes, Trains, Grids</p><p>The storm played havoc with ground, rail and air transportation across the Mid-Atlantic and Northeast. The powerful nor’easter dragged heavy snow and winds up Interstate 95 and the parallel Northeast Corridor rail route, passing over several major airports along the way. More than 6,000 flights have been canceled since Friday, including 1,057 on Sunday, according to FlightAware, an airline tracking service.</p><p>On the ground, Amtrak canceled all high-speed Acela trains between Washington, New York and Boston and is running a modified schedule for Northeast Regional trains south of Manhattan. The Long Island Rail Road suspended service, while Metro North and New Jersey Transit also modified scheduled trips while dropping some others.</p><p>Power was out for more than 130,000 customers from Florida to Maine, with Massachusetts taking the heaviest blow with 119,702 blacked out by 4 p.m. local time, according to PowerOutage.us. Observers clocked winds of 81 miles per hour on Cape Cod in Massachusetts, over the hurricane-strength threshold of 74 mph. In addition to the wind and snow, there were reports of flooding along the coast.</p><p>On Friday, Boston Mayor Michelle Wu declared a snow emergency and opened 24-hour shelters. New Jersey declared a state of emergency starting at 5 p.m. Friday in preparation for what Governor Phil Murphy called “a significant statewide snow event.” New York State followed suit at 8 p.m.</p><p>‘Some Flooding’</p><p>In addition to the warnings and watches that stretch all along the U.S. East Coast, Environment and Climate Change Canada is also warning residents in its eastern Maritime Provinces to prepare.</p><p>Taylor of the National Weather Service said the sun should reappear Sunday across much of the region. Temperatures should break freezing by Monday or Tuesday and then rain will sweep in by the end of the week throughout the Northeast.</p><p>“It is probably going to make a mess,” he said. “We have the potential for some flooding.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New York Snowfall Wraps Up After Storm Snarls Transportation</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\">\nNew York Snowfall Wraps Up After Storm Snarls Transportation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-30 09:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/york-northeast-transportation-snarled-powerful-135254719.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Snow will come to an end across New York City after sunset from the powerful nor’easter that snarled travel up and down the East Coast, dropped snow by the foot, and lashed Massachusetts with ...</p>\n\n<a href=\"https://finance.yahoo.com/news/york-northeast-transportation-snarled-powerful-135254719.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LUV":"西南航空","DAL":"达美航空","UAL":"联合大陆航空","AAL":"美国航空"},"source_url":"https://finance.yahoo.com/news/york-northeast-transportation-snarled-powerful-135254719.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141977131","content_text":"Snow will come to an end across New York City after sunset from the powerful nor’easter that snarled travel up and down the East Coast, dropped snow by the foot, and lashed Massachusetts with hurricane-force wind gusts that knocked out power to thousands.New York got between 7.5 inches (19 centimeters) in Central Park to 10.3 inches at John F. Kennedy International Airport through the day, but across a large part of central and eastern Long Island totals reached above 20 inches, said Zack Taylor, a senior branch forecaster at the U.S. Weather Prediction Center. Across New Jersey there were reports of up to 18 inches, and some parts of eastern Massachusetts got two feet, the National Weather Service said. Boston has about 14.5 inches and snow should continue through midnight.“The worst is probably over for the New York City metro area,” Taylor said. “The wind will still be an issue through tonight into the first part of tomorrow with blow and drifting snow.”Temperatures will drop to 12 degrees Fahrenheit (-11 degrees Celsius) in Manhattan and 4 degrees in Boston, and together with the wind will feel closer to minus 5 to minus 10 overnight. “There are going to be pretty dangerous wind chills across much of the Northeast,” Taylor said.Planes, Trains, GridsThe storm played havoc with ground, rail and air transportation across the Mid-Atlantic and Northeast. The powerful nor’easter dragged heavy snow and winds up Interstate 95 and the parallel Northeast Corridor rail route, passing over several major airports along the way. More than 6,000 flights have been canceled since Friday, including 1,057 on Sunday, according to FlightAware, an airline tracking service.On the ground, Amtrak canceled all high-speed Acela trains between Washington, New York and Boston and is running a modified schedule for Northeast Regional trains south of Manhattan. The Long Island Rail Road suspended service, while Metro North and New Jersey Transit also modified scheduled trips while dropping some others.Power was out for more than 130,000 customers from Florida to Maine, with Massachusetts taking the heaviest blow with 119,702 blacked out by 4 p.m. local time, according to PowerOutage.us. Observers clocked winds of 81 miles per hour on Cape Cod in Massachusetts, over the hurricane-strength threshold of 74 mph. In addition to the wind and snow, there were reports of flooding along the coast.On Friday, Boston Mayor Michelle Wu declared a snow emergency and opened 24-hour shelters. New Jersey declared a state of emergency starting at 5 p.m. Friday in preparation for what Governor Phil Murphy called “a significant statewide snow event.” New York State followed suit at 8 p.m.‘Some Flooding’In addition to the warnings and watches that stretch all along the U.S. East Coast, Environment and Climate Change Canada is also warning residents in its eastern Maritime Provinces to prepare.Taylor of the National Weather Service said the sun should reappear Sunday across much of the region. Temperatures should break freezing by Monday or Tuesday and then rain will sweep in by the end of the week throughout the Northeast.“It is probably going to make a mess,” he said. “We have the potential for some flooding.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127846490,"gmtCreate":1624844345910,"gmtModify":1703845964251,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls like and thanks","listText":"Pls like and thanks","text":"Pls like and thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/127846490","repostId":"2146007118","repostType":4,"repost":{"id":"2146007118","pubTimestamp":1624826996,"share":"https://www.laohu8.com/m/news/2146007118?lang=&edition=full","pubTime":"2021-06-28 04:49","market":"us","language":"en","title":"June jobs report, Consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2146007118","media":"Yahoo Finance","summary":"This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.However, a confluence of ","content":"<p>This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.</p>\n<p>On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.</p>\n<p>Non-farm payrolls likely grew by 700,000 in June, according to Bloomberg consensus data. This would accelerate from the 559,000 added back in May and mark the biggest rise since March. And the unemployment rate is expected to move down to 5.6% from 5.8% in May, bringing the jobless rate closer to its pre-pandemic, 50-year low of 3.5%.</p>\n<p>\"Payrolls probably surged again in June, with the pace up from the +559,000 in May,\" TD Securities strategists wrote in a note Friday. \"Some acceleration in the private sector is suggested by the Homebase data, while government payrolls probably benefited from fewer than usual end-of-school-year layoffs.\"</p>\n<p>Even with a sizable monthly payroll gain, the economy would still be well off its pre-pandemic levels of employment. Heading into June, the U.S. economy was still down by more than 7 million payrolls compared to February 2020, with the deficit most pronounced in high-contact services industries like restaurants and hotels.</p>\n<p>But both services and manufacturing companies have cited shortages of qualified workers to fill open positions, which hit a record high of over 9 million as of latest data. These supply-and-demand mismatches in the labor market – with shortages noted by firms from FedEx (FDX) to Yum Brands (YUM) — have also begun to push wages higher and created additional costs for businesses. In Friday's report, average hourly earnings are expected to jump 3.6% year-on-year for June, accelerating from May's 2% increase.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b881fe96eccc72cff61bf35b0dfa72fa\" tg-width=\"5210\" tg-height=\"3404\" referrerpolicy=\"no-referrer\"><span>SAN FRANCISCO, CALIFORNIA - JUNE 03: A pedestrian walks by a Now Hiring sign outside of a Lamps Plus store on June 03, 2021 in San Francisco, California. According to a U.S. Labor Department report, jobless claims fell for a fifth straight week to 385,000. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images</span></p>\n<p>\"Strong demand and weak supply should continue to put upward pressure on wages,\" Bank of America economist Michelle Meyer wrote in a note. \"Workers are quitting at a higher rate as they find better opportunities.\"</p>\n<p>However, a confluence of factors that have kept workers on the sidelines of the labor market may start to lessen in the coming months, some economists noted. Many have agreed that a combination of childcare concerns, fears of contracting COVID-19 and ongoing enhanced federal unemployment benefits have contributed to the still-elevated levels of joblessness, but that each of these should diminish as schools reopen, vaccinations continue and jobless benefits get phased out over the next several months.</p>\n<p>\"Labor supply may soon pick up,\" Meyer said. \"We find evidence of a quicker drop in unemployment insurance (UI) applications in states that discontinued generous federal UI benefits.\"</p>\n<p>\"Four states — Alaska, Iowa, Mississippi and Missouri — opted out in June 12 and UI applications in those states have fallen faster compared to other states, according to the latest initial jobless claims figures,\" she added. \"With another eight states opting out in the week ending June 19 and a total of 25 states by end of the summer, more workers should return to the workforce, helping to ease wage pressures and help meet the strong labor demand in the economy.\"</p>\n<h2>Consumer confidence</h2>\n<h2></h2>\n<p>Another closely watched economic data print this week will be the Conference Board's June consumer confidence index, which is expected to reflect a strong pick-up in sentiment during the recovery and heading into the summer. The report is due for release Tuesday morning.</p>\n<p>The headline index is likely to rise to 119.0 for June from 117.2 in May, according to Bloomberg consensus data. This would mark the highest level since February 2020's 132.6, which itself had been a near two-decade high.</p>\n<p>Like investors, consumers have begun to warm to the notion that inflationary pressures seen during the early stages of the economic recovery may prove transitory. This has helped raise consumers' future expectations for their spending power and boosted sentiment at large, according to other consumer sentiment surveys including the University of Michigan's Surveys of Consumers.</p>\n<p>Not only did year-ahead inflation expectations fall slightly to 4.2% in June from May's decade peak of 4.6%, consumers also believed that the price surges will mostly be temporary,\" Richard Curtin, chief economist for the Surveys of Consumers, said on Friday.</p>\n<p>\"When the pandemic first started, consumers were quite uncertain about their job and income prospects, but reported widespread declines in market prices for homes, vehicles, and household durables,\" he added. \"Those favorable price references have dropped to the most negative in a decade, and job and income prospects have improved, but not quite as favorable as in the last few years of the prior expansion.\"</p>\n<p>Still, in a sign of some downside risk in Tuesday's report from the Conference Board, the University of Michigan's June final sentiment index edged lower to 85.5, coming in below the 86.4 preliminary print, but still above May's reading of 82.9.</p>\n<h2>Economic Calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Dallas Fed Manufacturing Activity Index, June (32.5 expected, 34.9 in May)</p></li>\n <li><p><b>Tuesday: </b>FHFA House Price Index, month-on-month, April (1.7% expected, 1.4% in March); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite index, month-over-month, April (1.80% expected, 1.60% in March); S&amp;P CoreLogic Case-Shiller 20-City Composite index, year-over-year, April (13.27% in March); Conference Board Consumer Confidence, June (119.0 expected, 117.2 in May)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended June 25 (2.1% during prior week); ADP Employment Change, June (575,000 expected, 978,000 in May); MNI Chicago PMI, June (70.0 expected, 75.2 in May); Pending home sales, month-over-month, May (-1.0% expected, -4.4% in April);</p></li>\n <li><p><b>Thursday: </b>Challenger Job Cuts, year-over-year, June (-93.8% in May); Initial jobless claims, week ended June 26 (380,000 expected, 411,000 during prior week); Continuing claims, week ended June 19 (3.39 million during prior week); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> US Manufacturing PMI, June final (62.6 in prior print); Construction Spending month-over-month, May (0.5% expected 0.2% in April); ISM Manufacturing, June (61.0 expected, 61.2 in May)</p></li>\n <li><p><b>Friday: </b>Change in non-farm payrolls, June (700,000 expected, 559,000 in May); Unemployment rate, June (5.6% expected, 5.8% in May); Average hourly earnings year-over-year, June (3.6% expected, 2.0% in May); Average hourly earnings, month-over-month, June (0.4% expected, 0.5% in May); Trade balance, May (-$71.0 billion expected, -$68.9 billion in April); Factory orders, May (1.5% expected, -0.6% in April); Durable goods orders, May final (2.3% in prior print); Durable goods orders excluding transportation, May final (2.3% in prior print); Non-defense capital goods orders excluding aircraft, May final (-0.1% in April); Non-defense capital goods shipments excluding aircraft, May final (0.9% in prior print)</p></li>\n</ul>\n<h2>Earnings Calendar</h2>\n<ul>\n <li><p><b>Monday:</b> N/A</p></li>\n <li><p><b>Tuesday: </b>N/A</p></li>\n <li><p><b>Wednesday: </b>Constellation Brands (STZ), Bed Bath &amp; Beyond (BBBY), General Mills (GIS) before market open; Micron Technologies (MU) after market close</p></li>\n <li><p><b>Thursday: </b><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA) before market open</p></li>\n <li><p><b>Friday:</b> N/A</p></li>\n</ul>","source":"yahoofinance_au","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>June jobs report, Consumer confidence: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJune jobs report, Consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 04:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146007118","content_text":"This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.\nOn Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.\nNon-farm payrolls likely grew by 700,000 in June, according to Bloomberg consensus data. This would accelerate from the 559,000 added back in May and mark the biggest rise since March. And the unemployment rate is expected to move down to 5.6% from 5.8% in May, bringing the jobless rate closer to its pre-pandemic, 50-year low of 3.5%.\n\"Payrolls probably surged again in June, with the pace up from the +559,000 in May,\" TD Securities strategists wrote in a note Friday. \"Some acceleration in the private sector is suggested by the Homebase data, while government payrolls probably benefited from fewer than usual end-of-school-year layoffs.\"\nEven with a sizable monthly payroll gain, the economy would still be well off its pre-pandemic levels of employment. Heading into June, the U.S. economy was still down by more than 7 million payrolls compared to February 2020, with the deficit most pronounced in high-contact services industries like restaurants and hotels.\nBut both services and manufacturing companies have cited shortages of qualified workers to fill open positions, which hit a record high of over 9 million as of latest data. These supply-and-demand mismatches in the labor market – with shortages noted by firms from FedEx (FDX) to Yum Brands (YUM) — have also begun to push wages higher and created additional costs for businesses. In Friday's report, average hourly earnings are expected to jump 3.6% year-on-year for June, accelerating from May's 2% increase.\nSAN FRANCISCO, CALIFORNIA - JUNE 03: A pedestrian walks by a Now Hiring sign outside of a Lamps Plus store on June 03, 2021 in San Francisco, California. According to a U.S. Labor Department report, jobless claims fell for a fifth straight week to 385,000. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images\n\"Strong demand and weak supply should continue to put upward pressure on wages,\" Bank of America economist Michelle Meyer wrote in a note. \"Workers are quitting at a higher rate as they find better opportunities.\"\nHowever, a confluence of factors that have kept workers on the sidelines of the labor market may start to lessen in the coming months, some economists noted. Many have agreed that a combination of childcare concerns, fears of contracting COVID-19 and ongoing enhanced federal unemployment benefits have contributed to the still-elevated levels of joblessness, but that each of these should diminish as schools reopen, vaccinations continue and jobless benefits get phased out over the next several months.\n\"Labor supply may soon pick up,\" Meyer said. \"We find evidence of a quicker drop in unemployment insurance (UI) applications in states that discontinued generous federal UI benefits.\"\n\"Four states — Alaska, Iowa, Mississippi and Missouri — opted out in June 12 and UI applications in those states have fallen faster compared to other states, according to the latest initial jobless claims figures,\" she added. \"With another eight states opting out in the week ending June 19 and a total of 25 states by end of the summer, more workers should return to the workforce, helping to ease wage pressures and help meet the strong labor demand in the economy.\"\nConsumer confidence\n\nAnother closely watched economic data print this week will be the Conference Board's June consumer confidence index, which is expected to reflect a strong pick-up in sentiment during the recovery and heading into the summer. The report is due for release Tuesday morning.\nThe headline index is likely to rise to 119.0 for June from 117.2 in May, according to Bloomberg consensus data. This would mark the highest level since February 2020's 132.6, which itself had been a near two-decade high.\nLike investors, consumers have begun to warm to the notion that inflationary pressures seen during the early stages of the economic recovery may prove transitory. This has helped raise consumers' future expectations for their spending power and boosted sentiment at large, according to other consumer sentiment surveys including the University of Michigan's Surveys of Consumers.\nNot only did year-ahead inflation expectations fall slightly to 4.2% in June from May's decade peak of 4.6%, consumers also believed that the price surges will mostly be temporary,\" Richard Curtin, chief economist for the Surveys of Consumers, said on Friday.\n\"When the pandemic first started, consumers were quite uncertain about their job and income prospects, but reported widespread declines in market prices for homes, vehicles, and household durables,\" he added. \"Those favorable price references have dropped to the most negative in a decade, and job and income prospects have improved, but not quite as favorable as in the last few years of the prior expansion.\"\nStill, in a sign of some downside risk in Tuesday's report from the Conference Board, the University of Michigan's June final sentiment index edged lower to 85.5, coming in below the 86.4 preliminary print, but still above May's reading of 82.9.\nEconomic Calendar\n\nMonday: Dallas Fed Manufacturing Activity Index, June (32.5 expected, 34.9 in May)\nTuesday: FHFA House Price Index, month-on-month, April (1.7% expected, 1.4% in March); S&P CoreLogic Case-Shiller 20-City Composite index, month-over-month, April (1.80% expected, 1.60% in March); S&P CoreLogic Case-Shiller 20-City Composite index, year-over-year, April (13.27% in March); Conference Board Consumer Confidence, June (119.0 expected, 117.2 in May)\nWednesday: MBA Mortgage Applications, week ended June 25 (2.1% during prior week); ADP Employment Change, June (575,000 expected, 978,000 in May); MNI Chicago PMI, June (70.0 expected, 75.2 in May); Pending home sales, month-over-month, May (-1.0% expected, -4.4% in April);\nThursday: Challenger Job Cuts, year-over-year, June (-93.8% in May); Initial jobless claims, week ended June 26 (380,000 expected, 411,000 during prior week); Continuing claims, week ended June 19 (3.39 million during prior week); Markit US Manufacturing PMI, June final (62.6 in prior print); Construction Spending month-over-month, May (0.5% expected 0.2% in April); ISM Manufacturing, June (61.0 expected, 61.2 in May)\nFriday: Change in non-farm payrolls, June (700,000 expected, 559,000 in May); Unemployment rate, June (5.6% expected, 5.8% in May); Average hourly earnings year-over-year, June (3.6% expected, 2.0% in May); Average hourly earnings, month-over-month, June (0.4% expected, 0.5% in May); Trade balance, May (-$71.0 billion expected, -$68.9 billion in April); Factory orders, May (1.5% expected, -0.6% in April); Durable goods orders, May final (2.3% in prior print); Durable goods orders excluding transportation, May final (2.3% in prior print); Non-defense capital goods orders excluding aircraft, May final (-0.1% in April); Non-defense capital goods shipments excluding aircraft, May final (0.9% in prior print)\n\nEarnings Calendar\n\nMonday: N/A\nTuesday: N/A\nWednesday: Constellation Brands (STZ), Bed Bath & Beyond (BBBY), General Mills (GIS) before market open; Micron Technologies (MU) after market close\nThursday: Walgreens Boots Alliance (WBA) before market open\nFriday: N/A","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998832800,"gmtCreate":1660963084707,"gmtModify":1676536431488,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998832800","repostId":"2260323630","repostType":4,"repost":{"id":"2260323630","pubTimestamp":1660952700,"share":"https://www.laohu8.com/m/news/2260323630?lang=&edition=full","pubTime":"2022-08-20 07:45","market":"us","language":"en","title":"3 Top Stocks to Buy During a Sell-Off","url":"https://stock-news.laohu8.com/highlight/detail?id=2260323630","media":"Motley Fool","summary":"Oracle, General Mills, and LVMH are all good defensive plays.","content":"<html><head></head><body><p>The <b>S&amp;P 500</b> has rallied about 10% over the past month as declining gas prices and signs of supply chain improvements have suggested that brighter days are ahead. However, the benchmark index remains down about 10% year to date -- and rising interest rates could still trigger even steeper declines.</p><p>So instead of going all-in on the market&#39;s wobbly rebound, investors should still keep an eye on defensive stocks that can withstand its next downturn. I believe three resilient stocks fit that description: <b>Oracle</b>, <b>General Mills</b>, and <b>LVMH</b>.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48194a71051ee875b3af642e7fd4455\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>1. Oracle</h2><p>Oracle, the world&#39;s top database management software company, had once been considered an also-ran of the tech sector. Its sales of on-premise software had been cooling off across the saturated market, and cloud-based challengers like <b>Amazon</b> and <b>Microsoft </b>were threatening to disrupt its aging business.</p><p>But instead of sitting still and becoming obsolete, Oracle transformed its on-premise software into cloud-based services. It also expanded that sticky ecosystem with enterprise resource planning (ERP) tools through several big acquisitions. Those efforts were costly, but they enabled Oracle to consistently grow its revenues again and avoid becoming the next <b>IBM</b>.</p><p>Oracle&#39;s revenue growth stalled out in fiscal 2019 and 2020 (which ended in May of the calendar year) as it implemented those turnaround strategies. But its revenue subsequently rose 4% in fiscal 2021 and 5% in fiscal 2022. It expects its cloud revenues to grow 30% organically in fiscal 2023, accelerating from its 22% growth in fiscal 2022, while analysts expect its total revenue (including its recent acquisition of Cerner) to rise 17%.</p><p>Oracle&#39;s earnings per share have also risen consistently, partly driven by buybacks, and analysts expect its earnings (including Cerner) to grow 67% this year. That&#39;s an impressive growth rate for a stock that trades at less than 20 times forward earnings. It&#39;s also reduced its share count by 45% over the past 10 years and pays a decent forward dividend yield of 1.6%.</p><h2>2. General Mills</h2><p>General Mills sells over 100 brands of packaged food products, including Cheerios, Yoplait, Häagen-Dazs, Betty Crocker, Green Giant, and Pillsbury. It also sells premium pet products through its Blue Buffalo subsidiary.</p><p>General Mills is a great stock to own during a downturn for three reasons. First, its business is resistant to inflation, recessions, and other macroeconomic headwinds because people (and their pets) need to eat. For fiscal 2023 (which started this May), General Mills expects its organic sales to increase 4% to 5% and for its adjusted earnings per share (EPS) to grow 0% to 3% in constant currency terms. That stable outlook suggests it can comfortably pass on some of its inflationary costs to consumers with price hikes while protecting its bottom-line growth with tighter cost-cutting measures.</p><p>Second, it&#39;s firmly profitable and pays out nearly half its earnings to fund its forward dividend yield of 2.8%. The company and its predecessor have also paid out uninterrupted dividends for more than a century. Lastly, General Mills&#39; stock is still cheap at 19 times forward earnings. That low valuation arguably makes it more attractive than comparable packaged foods stalwarts like <b>Coca-Cola</b> and <b>PepsiCo</b>, which currently trade at 26 and 27 times forward earnings, respectively.</p><h2>3. LVMH</h2><p>Lastly, high-end luxury stocks are good defensive plays during market downturns because affluent customers are more resistant to macro headwinds. My favorite play in that sector is LVMH, the world&#39;s largest luxury company. The French conglomerate owns 75 houses across five markets -- wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and selective retailing -- and its top brands include Louis Vuitton, Dior, Fendi, Loewe, Bvlgari, Tiffany &amp; Co., Hennessy, and Sephora.</p><p>LVMH experienced a slowdown during the pandemic as it temporarily closed many of its stores. But in 2021, its revenue surged 44% as its net profit soared 156%. Relative to 2019 (which skips the pandemic-related disruptions), its revenue and profit rose 20% and 68%, respectively.</p><p>LVMH faces some near-term challenges -- including supply chain disruptions, the Russo-Ukrainian war, and intermittent COVID lockdowns in China -- but inflation shouldn&#39;t pose much of a threat because it can easily pass on its higher costs to its well-heeled consumers.</p><p>That&#39;s why analysts expect LVMH&#39;s revenue and net profit to rise 18% and 17%, respectively, this year. Its stock is reasonably valued at 25 times next year&#39;s earnings -- especially considering that its rival <b>Hermès</b> trades at 50 times forward earnings -- and it pays a decent forward yield of 1.7%.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top Stocks to Buy During a Sell-Off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Top Stocks to Buy During a Sell-Off\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-20 07:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/19/3-top-stocks-to-buy-during-a-sell-off/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 has rallied about 10% over the past month as declining gas prices and signs of supply chain improvements have suggested that brighter days are ahead. However, the benchmark index remains ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/19/3-top-stocks-to-buy-during-a-sell-off/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LVMUY":"路易威登","ORCL":"甲骨文","GIS":"通用磨坊"},"source_url":"https://www.fool.com/investing/2022/08/19/3-top-stocks-to-buy-during-a-sell-off/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260323630","content_text":"The S&P 500 has rallied about 10% over the past month as declining gas prices and signs of supply chain improvements have suggested that brighter days are ahead. However, the benchmark index remains down about 10% year to date -- and rising interest rates could still trigger even steeper declines.So instead of going all-in on the market's wobbly rebound, investors should still keep an eye on defensive stocks that can withstand its next downturn. I believe three resilient stocks fit that description: Oracle, General Mills, and LVMH.Image source: Getty Images.1. OracleOracle, the world's top database management software company, had once been considered an also-ran of the tech sector. Its sales of on-premise software had been cooling off across the saturated market, and cloud-based challengers like Amazon and Microsoft were threatening to disrupt its aging business.But instead of sitting still and becoming obsolete, Oracle transformed its on-premise software into cloud-based services. It also expanded that sticky ecosystem with enterprise resource planning (ERP) tools through several big acquisitions. Those efforts were costly, but they enabled Oracle to consistently grow its revenues again and avoid becoming the next IBM.Oracle's revenue growth stalled out in fiscal 2019 and 2020 (which ended in May of the calendar year) as it implemented those turnaround strategies. But its revenue subsequently rose 4% in fiscal 2021 and 5% in fiscal 2022. It expects its cloud revenues to grow 30% organically in fiscal 2023, accelerating from its 22% growth in fiscal 2022, while analysts expect its total revenue (including its recent acquisition of Cerner) to rise 17%.Oracle's earnings per share have also risen consistently, partly driven by buybacks, and analysts expect its earnings (including Cerner) to grow 67% this year. That's an impressive growth rate for a stock that trades at less than 20 times forward earnings. It's also reduced its share count by 45% over the past 10 years and pays a decent forward dividend yield of 1.6%.2. General MillsGeneral Mills sells over 100 brands of packaged food products, including Cheerios, Yoplait, Häagen-Dazs, Betty Crocker, Green Giant, and Pillsbury. It also sells premium pet products through its Blue Buffalo subsidiary.General Mills is a great stock to own during a downturn for three reasons. First, its business is resistant to inflation, recessions, and other macroeconomic headwinds because people (and their pets) need to eat. For fiscal 2023 (which started this May), General Mills expects its organic sales to increase 4% to 5% and for its adjusted earnings per share (EPS) to grow 0% to 3% in constant currency terms. That stable outlook suggests it can comfortably pass on some of its inflationary costs to consumers with price hikes while protecting its bottom-line growth with tighter cost-cutting measures.Second, it's firmly profitable and pays out nearly half its earnings to fund its forward dividend yield of 2.8%. The company and its predecessor have also paid out uninterrupted dividends for more than a century. Lastly, General Mills' stock is still cheap at 19 times forward earnings. That low valuation arguably makes it more attractive than comparable packaged foods stalwarts like Coca-Cola and PepsiCo, which currently trade at 26 and 27 times forward earnings, respectively.3. LVMHLastly, high-end luxury stocks are good defensive plays during market downturns because affluent customers are more resistant to macro headwinds. My favorite play in that sector is LVMH, the world's largest luxury company. The French conglomerate owns 75 houses across five markets -- wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and selective retailing -- and its top brands include Louis Vuitton, Dior, Fendi, Loewe, Bvlgari, Tiffany & Co., Hennessy, and Sephora.LVMH experienced a slowdown during the pandemic as it temporarily closed many of its stores. But in 2021, its revenue surged 44% as its net profit soared 156%. Relative to 2019 (which skips the pandemic-related disruptions), its revenue and profit rose 20% and 68%, respectively.LVMH faces some near-term challenges -- including supply chain disruptions, the Russo-Ukrainian war, and intermittent COVID lockdowns in China -- but inflation shouldn't pose much of a threat because it can easily pass on its higher costs to its well-heeled consumers.That's why analysts expect LVMH's revenue and net profit to rise 18% and 17%, respectively, this year. Its stock is reasonably valued at 25 times next year's earnings -- especially considering that its rival Hermès trades at 50 times forward earnings -- and it pays a decent forward yield of 1.7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903738513,"gmtCreate":1659070482132,"gmtModify":1676536254065,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903738513","repostId":"2255309371","repostType":4,"repost":{"id":"2255309371","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":1659047924,"share":"https://www.laohu8.com/m/news/2255309371?lang=&edition=full","pubTime":"2022-07-29 06:38","market":"us","language":"en","title":"Apple Forecasts Faster Sales Growth, Strong IPhone Demand Despite Glum Economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2255309371","media":"Reuters","summary":"July 28 (Reuters) - Apple Incon Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations a","content":"<html><head></head><body><p>July 28 (Reuters) - Apple Inc on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead.</p><p>The Silicon Valley giant&#39;s shares rose 3.5% after hours following the release of the results. Apple said it was not providing specific revenue guidance due to economic uncertainty.</p><p><img src=\"https://static.tigerbbs.com/957bf23c71c3987a2ad6bcd6a5c1b224\" tg-width=\"854\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>Though macroeconomic indicators around the world are turning negative, Chief Financial Officer Luca Maestri told Reuters there had been no slowdown in demand for iPhones. The iPhone maker&#39;s loyal and relatively affluent customer base has enabled it to weather dips better than other consumer brands in the past, and the results for Apple&#39;s fiscal third quarter suggest a similar pattern emerging.</p><p>Canalys Research analyst Runar Bjorhovde said, &#34;Apple in that sense has a certain robustness that will allow it to be impacted less than a lot of its competitors.&#34;</p><p>The slumping economy is hurting sales of advertising, accessories and home products, though, Apple&#39;s Maestri said in an interview, calling the units &#34;pockets of weakness.&#34;</p><p>&#34;Fortunately, we have a very broad portfolio, so we know we&#39;re going to be able to navigate that,&#34; he added.</p><p>Parts shortages will continue to limit Mac and iPad sales, Maestri said, though the impact has been easing. They cost Apple under $4 billion in sales in the quarter ended June 25, less than it had forecast. Maestri said the company expects the hit to diminish further in the current quarter.</p><p>Sales compared to a year ago should rise faster in the current quarter than 2% growth it posted in the just-ended quarter, Maestri said.</p><p>Overall, Apple said quarterly sales and profit were $83.0 billion and $1.20 per share, above estimates of $82.8 billion and $1.16 per share, according to Refinitiv data.</p><p>While sales of iPhones and iPads topped expectations, revenue from services, Mac computers and accessories missed Wall Street targets and sales in the crucial China market fell 1%.</p><p>The rising U.S. dollar has hit many companies such as Apple that generate substantial foreign revenue and are getting less cash back when they convert it. Apple said currency fluctuations would slash sales by 6% in the current quarter.</p><p>The most recent economic woes include supply chain disruptions that have hit production of some Apple products such as iPads and Macs whose assembly locations were clustered near regions of China that went into COVID lockdowns.</p><p>Apple, like many of its tech industry peers, is reportedly slowing hiring and cutting costs given the tough economic climate.</p><p>Apple shares closed Thursday down about 11% so far this year, slightly less than the broader S&amp;P 500 index and also less than other consumer hardware makers such as Sonos Inc and Samsung Electronics Co.</p><p>Apple said iPhone sales were $40.7 billion, up about 3% from a year earlier and well ahead of the overall global smartphone market, which fell 9% during the just-ended quarter, according to Canalys data.</p><p>Growth in the company&#39;s services business, which has provided a boost to sales and profits in recent years, was 12%, below the previous year&#39;s 33% rate and resulting in $19.6 billion in revenue, below estimates of $19.7 billion.</p><p>Apple said it now has 860 million paying subscribers on either its paid services or to paid software in its App Store, up from the previous quarter&#39;s 825 million.</p><p>Sales of iPads and Macs were $7.2 billion and $7.4 billion, compared with estimates of $6.9 billion and $8.7 billion. Mac sales represented a 10% contraction, after record sales since 2020, first from a work-from-home boost and then from Apple&#39;s new proprietary processor chips.</p><p>In its most recent fiscal year, nearly a fifth of Apple&#39;s sales came from its Greater China region after two years of struggling sales there. But now Apple is confronting slow overall economic growth in China, where its fiscal third-quarter sales were $14.6 billion, down 1%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Forecasts Faster Sales Growth, Strong IPhone Demand Despite Glum Economy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Forecasts Faster Sales Growth, Strong IPhone Demand Despite Glum Economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-29 06:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>July 28 (Reuters) - Apple Inc on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead.</p><p>The Silicon Valley giant&#39;s shares rose 3.5% after hours following the release of the results. Apple said it was not providing specific revenue guidance due to economic uncertainty.</p><p><img src=\"https://static.tigerbbs.com/957bf23c71c3987a2ad6bcd6a5c1b224\" tg-width=\"854\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>Though macroeconomic indicators around the world are turning negative, Chief Financial Officer Luca Maestri told Reuters there had been no slowdown in demand for iPhones. The iPhone maker&#39;s loyal and relatively affluent customer base has enabled it to weather dips better than other consumer brands in the past, and the results for Apple&#39;s fiscal third quarter suggest a similar pattern emerging.</p><p>Canalys Research analyst Runar Bjorhovde said, &#34;Apple in that sense has a certain robustness that will allow it to be impacted less than a lot of its competitors.&#34;</p><p>The slumping economy is hurting sales of advertising, accessories and home products, though, Apple&#39;s Maestri said in an interview, calling the units &#34;pockets of weakness.&#34;</p><p>&#34;Fortunately, we have a very broad portfolio, so we know we&#39;re going to be able to navigate that,&#34; he added.</p><p>Parts shortages will continue to limit Mac and iPad sales, Maestri said, though the impact has been easing. They cost Apple under $4 billion in sales in the quarter ended June 25, less than it had forecast. Maestri said the company expects the hit to diminish further in the current quarter.</p><p>Sales compared to a year ago should rise faster in the current quarter than 2% growth it posted in the just-ended quarter, Maestri said.</p><p>Overall, Apple said quarterly sales and profit were $83.0 billion and $1.20 per share, above estimates of $82.8 billion and $1.16 per share, according to Refinitiv data.</p><p>While sales of iPhones and iPads topped expectations, revenue from services, Mac computers and accessories missed Wall Street targets and sales in the crucial China market fell 1%.</p><p>The rising U.S. dollar has hit many companies such as Apple that generate substantial foreign revenue and are getting less cash back when they convert it. Apple said currency fluctuations would slash sales by 6% in the current quarter.</p><p>The most recent economic woes include supply chain disruptions that have hit production of some Apple products such as iPads and Macs whose assembly locations were clustered near regions of China that went into COVID lockdowns.</p><p>Apple, like many of its tech industry peers, is reportedly slowing hiring and cutting costs given the tough economic climate.</p><p>Apple shares closed Thursday down about 11% so far this year, slightly less than the broader S&amp;P 500 index and also less than other consumer hardware makers such as Sonos Inc and Samsung Electronics Co.</p><p>Apple said iPhone sales were $40.7 billion, up about 3% from a year earlier and well ahead of the overall global smartphone market, which fell 9% during the just-ended quarter, according to Canalys data.</p><p>Growth in the company&#39;s services business, which has provided a boost to sales and profits in recent years, was 12%, below the previous year&#39;s 33% rate and resulting in $19.6 billion in revenue, below estimates of $19.7 billion.</p><p>Apple said it now has 860 million paying subscribers on either its paid services or to paid software in its App Store, up from the previous quarter&#39;s 825 million.</p><p>Sales of iPads and Macs were $7.2 billion and $7.4 billion, compared with estimates of $6.9 billion and $8.7 billion. Mac sales represented a 10% contraction, after record sales since 2020, first from a work-from-home boost and then from Apple&#39;s new proprietary processor chips.</p><p>In its most recent fiscal year, nearly a fifth of Apple&#39;s sales came from its Greater China region after two years of struggling sales there. But now Apple is confronting slow overall economic growth in China, where its fiscal third-quarter sales were $14.6 billion, down 1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255309371","content_text":"July 28 (Reuters) - Apple Inc on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead.The Silicon Valley giant's shares rose 3.5% after hours following the release of the results. Apple said it was not providing specific revenue guidance due to economic uncertainty.Though macroeconomic indicators around the world are turning negative, Chief Financial Officer Luca Maestri told Reuters there had been no slowdown in demand for iPhones. The iPhone maker's loyal and relatively affluent customer base has enabled it to weather dips better than other consumer brands in the past, and the results for Apple's fiscal third quarter suggest a similar pattern emerging.Canalys Research analyst Runar Bjorhovde said, \"Apple in that sense has a certain robustness that will allow it to be impacted less than a lot of its competitors.\"The slumping economy is hurting sales of advertising, accessories and home products, though, Apple's Maestri said in an interview, calling the units \"pockets of weakness.\"\"Fortunately, we have a very broad portfolio, so we know we're going to be able to navigate that,\" he added.Parts shortages will continue to limit Mac and iPad sales, Maestri said, though the impact has been easing. They cost Apple under $4 billion in sales in the quarter ended June 25, less than it had forecast. Maestri said the company expects the hit to diminish further in the current quarter.Sales compared to a year ago should rise faster in the current quarter than 2% growth it posted in the just-ended quarter, Maestri said.Overall, Apple said quarterly sales and profit were $83.0 billion and $1.20 per share, above estimates of $82.8 billion and $1.16 per share, according to Refinitiv data.While sales of iPhones and iPads topped expectations, revenue from services, Mac computers and accessories missed Wall Street targets and sales in the crucial China market fell 1%.The rising U.S. dollar has hit many companies such as Apple that generate substantial foreign revenue and are getting less cash back when they convert it. Apple said currency fluctuations would slash sales by 6% in the current quarter.The most recent economic woes include supply chain disruptions that have hit production of some Apple products such as iPads and Macs whose assembly locations were clustered near regions of China that went into COVID lockdowns.Apple, like many of its tech industry peers, is reportedly slowing hiring and cutting costs given the tough economic climate.Apple shares closed Thursday down about 11% so far this year, slightly less than the broader S&P 500 index and also less than other consumer hardware makers such as Sonos Inc and Samsung Electronics Co.Apple said iPhone sales were $40.7 billion, up about 3% from a year earlier and well ahead of the overall global smartphone market, which fell 9% during the just-ended quarter, according to Canalys data.Growth in the company's services business, which has provided a boost to sales and profits in recent years, was 12%, below the previous year's 33% rate and resulting in $19.6 billion in revenue, below estimates of $19.7 billion.Apple said it now has 860 million paying subscribers on either its paid services or to paid software in its App Store, up from the previous quarter's 825 million.Sales of iPads and Macs were $7.2 billion and $7.4 billion, compared with estimates of $6.9 billion and $8.7 billion. Mac sales represented a 10% contraction, after record sales since 2020, first from a work-from-home boost and then from Apple's new proprietary processor chips.In its most recent fiscal year, nearly a fifth of Apple's sales came from its Greater China region after two years of struggling sales there. But now Apple is confronting slow overall economic growth in China, where its fiscal third-quarter sales were $14.6 billion, down 1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057213099,"gmtCreate":1655517215511,"gmtModify":1676535655158,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057213099","repostId":"1124164324","repostType":4,"repost":{"id":"1124164324","pubTimestamp":1655512452,"share":"https://www.laohu8.com/m/news/1124164324?lang=&edition=full","pubTime":"2022-06-18 08:34","market":"us","language":"en","title":"Warren Buffett’s Final Charity Lunch Auction Will Fetch a Record Amount — but Who Will Continue It?","url":"https://stock-news.laohu8.com/highlight/detail?id=1124164324","media":"MarketWatch","summary":"There may be no such thing as a free lunch, but $1.5 million? That’s the average paid to dine with W","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4648e8ceb1529e85f75dd1caf5c53629\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>There may be no such thing as a free lunch, but $1.5 million? That’s the average paid to dine with Warren Buffett in his annual auction to raise money for charity. Bidding for this year’s lunch, which the 91-year-old Buffett says will be his last, ends on June 17. With just a few hours to go, the leading bid on eBay topped $13 million. The previous record was $4.57 million, set in 2019.</p><p>Since starting the lunch tradition in 2000, the Berkshire Hathaway chairman and CEO has raised close to $35 million, with proceeds going to the Glide Foundation, a center promoting social justice and pathways out of poverty. Winners can bring up to seven guests for lunch with Buffett, usually at a steakhouse in New York.</p><p>The long line of winners stress that paying up delivers great value, with lasting lessons about investing and life. Examples are investors Mohnish Pabrai and Guy Spier, who together won the Buffett lunch in 2007 for $650,100.</p><p>About his time with Buffett, Pabrai told me: “Warren’s focus at these lunches is to make sure the winners think they got a bargain. He tries to set no time limits and answers questions in ways likely to have life changing impacts on the winners. It is the best $650,000 we ever spent. Massive bang for the buck.”</p><p>Spier offered this thoughtful reflection: “Lunch with Warren was transformational: It taught me that I had to stop trying to be Warren Buffett and instead become the best possible version of myself”.</p><p>While Buffett promises to end the lunch auction after this year, it’s a tradition worth keeping.  Warren got his inspiration for such charitable creativity from his late wife, Susie, and you can be sure she’d want it to go on. Logical successors are Buffett’s three children, particularly Berkshire board members Howard and Susan.</p><p>People may not bid millions of dollars to break bread with the famed investor’s offspring, at least not at first, but that was true of the early Buffett lunches. The first three went for five figures ($20,000-$25,000), the next six for six figures ($250,000-$650,000), and it wasn’t until year eight that the winning bid broke $1 million.</p><p>The Buffett children certainly have their father’s values, along with their mother’s virtue of charitable generosity. In fact, most of their inheritance is earmarked that way. Proceeds from their lunches could go to charities they support.</p><p>If the Buffetts pass on the opportunity or want to take turns, Berkshire insiders are a great option to carry the torch. Obvious choices are co-Vice Chairmen Greg Abel and Ajit Jain as well as portfolio mangers Todd Combs and Ted Weschler. All of them have Berkshire in their blood, as Buffett once put it.</p><p>Weschler would be a particularly good successor, as he is a two-time winner of the Buffett lunch — in 2010 and 2011, with bids $100 apart: $2,626,311 and the next year, $2,626,411. Shortly thereafter, Buffett offered Weschler a job at Berkshire.</p><p>Other company’s CEOs could continue the tradition as well. The best candidates would be company leaders who would attract bidders from the same loyal following Buffett does, and offer a similar high- and distinctive return on the investment.</p><p>These ideal candidates would run companies that high-quality, value-focused investors are drawn to because of uniquely appealing cultural traits and performance results.  Bids might even start low, as they did with Buffett, and grow over time. Besides investment prowess and business savvy, sought traits include humility, integrity, intelligence, patience and generosity</p><p>There will never be another Buffett, but there are resemblances to him among some top corporate leaders. Put your candidates to continue the charity lunch tradition in the comments section below; here are mine: Tom Gayner, and Prem Watsa (Fairfax Holdings).  None of these leaders is Buffett, but as Spier learned, no one is, and no one should want to be.</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett’s Final Charity Lunch Auction Will Fetch a Record Amount — but Who Will Continue It?</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\">\nWarren Buffett’s Final Charity Lunch Auction Will Fetch a Record Amount — but Who Will Continue It?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-18 08:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/a-crucial-succession-planning-question-at-berkshire-hathaway-who-will-continue-warren-buffetts-annual-charity-lunch-11655372735?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There may be no such thing as a free lunch, but $1.5 million? That’s the average paid to dine with Warren Buffett in his annual auction to raise money for charity. Bidding for this year’s lunch, which...</p>\n\n<a href=\"https://www.marketwatch.com/story/a-crucial-succession-planning-question-at-berkshire-hathaway-who-will-continue-warren-buffetts-annual-charity-lunch-11655372735?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.marketwatch.com/story/a-crucial-succession-planning-question-at-berkshire-hathaway-who-will-continue-warren-buffetts-annual-charity-lunch-11655372735?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124164324","content_text":"There may be no such thing as a free lunch, but $1.5 million? That’s the average paid to dine with Warren Buffett in his annual auction to raise money for charity. Bidding for this year’s lunch, which the 91-year-old Buffett says will be his last, ends on June 17. With just a few hours to go, the leading bid on eBay topped $13 million. The previous record was $4.57 million, set in 2019.Since starting the lunch tradition in 2000, the Berkshire Hathaway chairman and CEO has raised close to $35 million, with proceeds going to the Glide Foundation, a center promoting social justice and pathways out of poverty. Winners can bring up to seven guests for lunch with Buffett, usually at a steakhouse in New York.The long line of winners stress that paying up delivers great value, with lasting lessons about investing and life. Examples are investors Mohnish Pabrai and Guy Spier, who together won the Buffett lunch in 2007 for $650,100.About his time with Buffett, Pabrai told me: “Warren’s focus at these lunches is to make sure the winners think they got a bargain. He tries to set no time limits and answers questions in ways likely to have life changing impacts on the winners. It is the best $650,000 we ever spent. Massive bang for the buck.”Spier offered this thoughtful reflection: “Lunch with Warren was transformational: It taught me that I had to stop trying to be Warren Buffett and instead become the best possible version of myself”.While Buffett promises to end the lunch auction after this year, it’s a tradition worth keeping.  Warren got his inspiration for such charitable creativity from his late wife, Susie, and you can be sure she’d want it to go on. Logical successors are Buffett’s three children, particularly Berkshire board members Howard and Susan.People may not bid millions of dollars to break bread with the famed investor’s offspring, at least not at first, but that was true of the early Buffett lunches. The first three went for five figures ($20,000-$25,000), the next six for six figures ($250,000-$650,000), and it wasn’t until year eight that the winning bid broke $1 million.The Buffett children certainly have their father’s values, along with their mother’s virtue of charitable generosity. In fact, most of their inheritance is earmarked that way. Proceeds from their lunches could go to charities they support.If the Buffetts pass on the opportunity or want to take turns, Berkshire insiders are a great option to carry the torch. Obvious choices are co-Vice Chairmen Greg Abel and Ajit Jain as well as portfolio mangers Todd Combs and Ted Weschler. All of them have Berkshire in their blood, as Buffett once put it.Weschler would be a particularly good successor, as he is a two-time winner of the Buffett lunch — in 2010 and 2011, with bids $100 apart: $2,626,311 and the next year, $2,626,411. Shortly thereafter, Buffett offered Weschler a job at Berkshire.Other company’s CEOs could continue the tradition as well. The best candidates would be company leaders who would attract bidders from the same loyal following Buffett does, and offer a similar high- and distinctive return on the investment.These ideal candidates would run companies that high-quality, value-focused investors are drawn to because of uniquely appealing cultural traits and performance results.  Bids might even start low, as they did with Buffett, and grow over time. Besides investment prowess and business savvy, sought traits include humility, integrity, intelligence, patience and generosityThere will never be another Buffett, but there are resemblances to him among some top corporate leaders. Put your candidates to continue the charity lunch tradition in the comments section below; here are mine: Tom Gayner, and Prem Watsa (Fairfax Holdings).  None of these leaders is Buffett, but as Spier learned, no one is, and no one should want to be.","news_type":1},"isVote":1,"tweetType":1,"viewCount":21,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9027242876,"gmtCreate":1654045003596,"gmtModify":1676535384095,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027242876","repostId":"1193578784","repostType":4,"repost":{"id":"1193578784","pubTimestamp":1654044345,"share":"https://www.laohu8.com/m/news/1193578784?lang=&edition=full","pubTime":"2022-06-01 08:45","market":"us","language":"en","title":"AMZN Stock Climbs Over 4% Ahead of Planned Amazon Stock Split","url":"https://stock-news.laohu8.com/highlight/detail?id=1193578784","media":"InvestorPlace","summary":"Amazon(NASDAQ:AMZN) is about to split its stock.This important event will be happening this week on ","content":"<html><head></head><body><ul><li><b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>) is about to split its stock.</li><li>This important event will be happening this week on June 3.</li><li>AMZN stock is rising as the market catalyst draws near.</li></ul><p><b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>) is about to kick off the summer of stock splits. The e-commerce giant is gearing up to split its stock on June 3 after months of anticipation. As can be expected, the momentum surrounding this important event is pushing AMZN stock up today. Investors are excited and watching closely as Amazon gets ready to enact a 20-for-1 stock split.</p><p>AMZN stock has seen some turbulence today but it remains in the green. </p><p>Let’s take a closer look at the Amazon stock split and what investors should be watching for.</p><p><b>Stock Split Summer</b></p><p>One of this summer’s defining market trends promises to be the number of companies planning stock splits. Seven noted names in the tech sector anticipate splitting their stocks in the coming months, pending shareholder approval. <b>GameStop</b>(NYSE:<b><u>GME</u></b>) shareholders will vote on the proposed stock split on June 2. One day later, Amazon’s split will commence. Its shareholders have already voted in favor of the split.</p><p>As <i>InvestorPlace</i> writer Shrey Dua reported:</p><blockquote>“Amazon is the latest major tech company going forward with a stock split. Companies like <b>Apple</b> (NASDAQ:<b><u>AAPL</u></b>), <b>Alphabet</b> (NASDAQ:<b><u>GOOG</u></b>, NASDAQ:<b><u>GOOGL</u></b>), and <b>Berkshire Hathaway</b> (NYSE:<b><u>BRK-A</u></b>, NYSE:<b><u>BRK-B</u></b>) have conducted numerous stock splits over the years to ensure accessibility. Earlier this year Alphabet announced its own 20-for-1 stock split set for July.”</blockquote><p>Anyone curious why a company like Amazon is planning to split its stock should consider the stocks that Dua noted. All three companies have enjoyed considerable success after splitting their stocks to make shares more accessible to small-scale investors. Another noteworthy example is<b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>), which saw shares more than double since its 5-for-1 stock split in August 2020. Now the company is planning another stock split, with its shareholder voting date set for August 2022.</p><p><b>What Comes Next for AMZN Stock</b></p><p>All systems are go for the Amazon stock split, which will likely be this week’s biggest market event. Current investors will receive 20 shares of AMZN stock for everyone that they own.</p><p>While this type of stock split has no impact on Amazon’s fundamentals, it will lead to a trading frenzy, thereby pushing shares up quickly. For aspiring investors, the upcoming split date marks the perfect opportunity to buy. June 3 is an important day which everyone should be watching closely.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMZN Stock Climbs Over 4% Ahead of Planned Amazon Stock Split</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMZN Stock Climbs Over 4% Ahead of Planned Amazon Stock Split\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-01 08:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/05/amzn-stock-climbs-3-ahead-of-planned-amazon-stock-split/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon(NASDAQ:AMZN) is about to split its stock.This important event will be happening this week on June 3.AMZN stock is rising as the market catalyst draws near.Amazon(NASDAQ:AMZN) is about to kick ...</p>\n\n<a href=\"https://investorplace.com/2022/05/amzn-stock-climbs-3-ahead-of-planned-amazon-stock-split/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://investorplace.com/2022/05/amzn-stock-climbs-3-ahead-of-planned-amazon-stock-split/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193578784","content_text":"Amazon(NASDAQ:AMZN) is about to split its stock.This important event will be happening this week on June 3.AMZN stock is rising as the market catalyst draws near.Amazon(NASDAQ:AMZN) is about to kick off the summer of stock splits. The e-commerce giant is gearing up to split its stock on June 3 after months of anticipation. As can be expected, the momentum surrounding this important event is pushing AMZN stock up today. Investors are excited and watching closely as Amazon gets ready to enact a 20-for-1 stock split.AMZN stock has seen some turbulence today but it remains in the green. Let’s take a closer look at the Amazon stock split and what investors should be watching for.Stock Split SummerOne of this summer’s defining market trends promises to be the number of companies planning stock splits. Seven noted names in the tech sector anticipate splitting their stocks in the coming months, pending shareholder approval. GameStop(NYSE:GME) shareholders will vote on the proposed stock split on June 2. One day later, Amazon’s split will commence. Its shareholders have already voted in favor of the split.As InvestorPlace writer Shrey Dua reported:“Amazon is the latest major tech company going forward with a stock split. Companies like Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), and Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) have conducted numerous stock splits over the years to ensure accessibility. Earlier this year Alphabet announced its own 20-for-1 stock split set for July.”Anyone curious why a company like Amazon is planning to split its stock should consider the stocks that Dua noted. All three companies have enjoyed considerable success after splitting their stocks to make shares more accessible to small-scale investors. Another noteworthy example isTesla(NASDAQ:TSLA), which saw shares more than double since its 5-for-1 stock split in August 2020. Now the company is planning another stock split, with its shareholder voting date set for August 2022.What Comes Next for AMZN StockAll systems are go for the Amazon stock split, which will likely be this week’s biggest market event. Current investors will receive 20 shares of AMZN stock for everyone that they own.While this type of stock split has no impact on Amazon’s fundamentals, it will lead to a trading frenzy, thereby pushing shares up quickly. For aspiring investors, the upcoming split date marks the perfect opportunity to buy. June 3 is an important day which everyone should be watching closely.","news_type":1},"isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9017983741,"gmtCreate":1649736137016,"gmtModify":1676534560809,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017983741","repostId":"2226687221","repostType":4,"repost":{"id":"2226687221","pubTimestamp":1649735906,"share":"https://www.laohu8.com/m/news/2226687221?lang=&edition=full","pubTime":"2022-04-12 11:58","market":"us","language":"en","title":"3 Infrastructure Stocks You Can Buy and Hold for the Next Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2226687221","media":"Motley Fool","summary":"A mix of growth from infrastructure spending in developed and developing economies promises a bright future for stocks in the sector.","content":"<html><head></head><body><p>Demand for infrastructure comes from two primary sources. First is the need to upgrade developed world infrastructure. Second is the need for the developing world to build out new infrastructure to support economic growth. Both are powerful long-term revenue drivers and will drive growth at an infrastructure Pacer Swan SOS Fund of Funds ETF like the <b>iShares Global Infrastructure ETF</b>, a construction equipment company like <b>Caterpillar</b>, and industrial technology company <b>Trimble</b>. Here&#39;s why.</p><h2>The best infrastructure ETF to buy</h2><p>The <a href=\"https://laohu8.com/S/EGRW\">iShares</a> Global Infrastructure ETF is an excellent way to get broad-based exposure to the segment. While other infrastructure ETFs invest solely in U.S. companies or have heavy exposure to media and communications companies, the <a href=\"https://laohu8.com/S/EMDI\">iShares</a> offering focuses on global infrastructure holdings. Nearly all of its investments are in utilities, transportations stocks, and energy -- toll road companies, energy pipelines, airport operators, power companies, etc.</p><p>It&#39;s a pure-play global infrastructure investment, so it offers exposure to both of the themes outlined in the introduction. In addition, given that many infrastructure companies tend to be relatively mature and cash generative, the ETF manages to pay a healthy dividend (current yield is 2.7%) while offering the prospect of long-term capital gains. As a result, I think it&#39;s the best all-around infrastructure ETF.</p><h2>Caterpillar, infrastructure, and the long-term commodity boom</h2><p>The company is best known for its construction equipment, so the link to infrastructure investment is obvious. However, a breakout of Caterpillar&#39;s profit in 2021 shows the combination of resource industries (mining and aggregates) and energy &amp; transportation (oil &amp; gas, power generation turbines, industrial turbines, and locomotives) generated $350 million more profit than the construction industries segment.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b94860cb5e9054e8b06fb4f17215f4d5\" tg-width=\"700\" tg-height=\"334\" width=\"100%\" height=\"auto\"/><span>Data source: Caterpillar presentations.</span></p><p>It&#39;s not just about construction equipment and the commercial/government/retail construction market that drives Caterpillar&#39;s sales. If the world is going to step up investment in mining commodities, energy, and rail networks to support infrastructure development, then Caterpillar is likely to be a winner all around.</p><p>In tandem with the underlying trend of infrastructure investment, Caterpillar also has the potential to benefit from a possible long-term upcycle of investment in the mining and energy industries. Following a fall in commodities prices in 2014, many commodities companies cut spending, leading to a multiyear low in investment in, for example, oil &amp; gas spending in 2020.</p><p>Now that commodities prices have risen and the medium-term supply outlook is becoming murkier due to the war in Ukraine (Russia and Ukraine are both major commodity exporters), miners and energy companies may ramp up capital spending over an extended period, not least to play catch-up with previously forestalled investments.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c731d673880215de9fc691c5a07b0b00\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>Trimble, an under-the-radar infrastructure play</h2><p>The positioning technology might not superficially strike readers as an infrastructure play, but hear me out. Trimble&#39;s technology helps companies position, model, analyze, and manage their physical assets better. Its key end markets are transportation (for example, real-time monitoring of trucking fleets), resources and utilities (precision agriculture), geospatial (mapping and positioning), and construction (buildings and infrastructure).</p><p>The buildings and infrastructure segment was responsible for 43% of Trimble&#39;s operating income in 2021, with resources and utilities at 28% and geospatial at 23%.  A general uplift in construction, infrastructure, utilities, and energy spending will obviously benefit Trimble. Still, there&#39;s a deeper, more secular, underlying drive behind its growth in those sectors.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/283618b03116646ce7395ba3d038cb9e\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><p>Trimble&#39;s technology enables more precise positioning and, therefore, more efficient completion of construction and infrastructure projects. Given the notorious problem of cost overruns and waste in the industry, Trimble&#39;s technology can generate significant value for governments and companies investing in infrastructure. In addition, reducing waste will help customers meet their carbon emissions targets for construction -- the industry is a significant contributor to carbon emissions.</p><p>Trimble should also be included on lists of companies benefiting from infrastructure spending.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Infrastructure Stocks You Can Buy and Hold for the Next Decade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Infrastructure Stocks You Can Buy and Hold for the Next Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-12 11:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/11/3-infrastructure-stocks-you-can-buy-and-hold-for-t/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Demand for infrastructure comes from two primary sources. First is the need to upgrade developed world infrastructure. Second is the need for the developing world to build out new infrastructure to ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/11/3-infrastructure-stocks-you-can-buy-and-hold-for-t/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TRMB":"天宝导航","IGF":"全球基础设施ETF-iShares","BK4532":"文艺复兴科技持仓","CAT":"卡特彼勒","BK4520":"美国基建股"},"source_url":"https://www.fool.com/investing/2022/04/11/3-infrastructure-stocks-you-can-buy-and-hold-for-t/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2226687221","content_text":"Demand for infrastructure comes from two primary sources. First is the need to upgrade developed world infrastructure. Second is the need for the developing world to build out new infrastructure to support economic growth. Both are powerful long-term revenue drivers and will drive growth at an infrastructure Pacer Swan SOS Fund of Funds ETF like the iShares Global Infrastructure ETF, a construction equipment company like Caterpillar, and industrial technology company Trimble. Here's why.The best infrastructure ETF to buyThe iShares Global Infrastructure ETF is an excellent way to get broad-based exposure to the segment. While other infrastructure ETFs invest solely in U.S. companies or have heavy exposure to media and communications companies, the iShares offering focuses on global infrastructure holdings. Nearly all of its investments are in utilities, transportations stocks, and energy -- toll road companies, energy pipelines, airport operators, power companies, etc.It's a pure-play global infrastructure investment, so it offers exposure to both of the themes outlined in the introduction. In addition, given that many infrastructure companies tend to be relatively mature and cash generative, the ETF manages to pay a healthy dividend (current yield is 2.7%) while offering the prospect of long-term capital gains. As a result, I think it's the best all-around infrastructure ETF.Caterpillar, infrastructure, and the long-term commodity boomThe company is best known for its construction equipment, so the link to infrastructure investment is obvious. However, a breakout of Caterpillar's profit in 2021 shows the combination of resource industries (mining and aggregates) and energy & transportation (oil & gas, power generation turbines, industrial turbines, and locomotives) generated $350 million more profit than the construction industries segment.Data source: Caterpillar presentations.It's not just about construction equipment and the commercial/government/retail construction market that drives Caterpillar's sales. If the world is going to step up investment in mining commodities, energy, and rail networks to support infrastructure development, then Caterpillar is likely to be a winner all around.In tandem with the underlying trend of infrastructure investment, Caterpillar also has the potential to benefit from a possible long-term upcycle of investment in the mining and energy industries. Following a fall in commodities prices in 2014, many commodities companies cut spending, leading to a multiyear low in investment in, for example, oil & gas spending in 2020.Now that commodities prices have risen and the medium-term supply outlook is becoming murkier due to the war in Ukraine (Russia and Ukraine are both major commodity exporters), miners and energy companies may ramp up capital spending over an extended period, not least to play catch-up with previously forestalled investments.Image source: Getty Images.Trimble, an under-the-radar infrastructure playThe positioning technology might not superficially strike readers as an infrastructure play, but hear me out. Trimble's technology helps companies position, model, analyze, and manage their physical assets better. Its key end markets are transportation (for example, real-time monitoring of trucking fleets), resources and utilities (precision agriculture), geospatial (mapping and positioning), and construction (buildings and infrastructure).The buildings and infrastructure segment was responsible for 43% of Trimble's operating income in 2021, with resources and utilities at 28% and geospatial at 23%.  A general uplift in construction, infrastructure, utilities, and energy spending will obviously benefit Trimble. Still, there's a deeper, more secular, underlying drive behind its growth in those sectors.Image source: Getty Images.Trimble's technology enables more precise positioning and, therefore, more efficient completion of construction and infrastructure projects. Given the notorious problem of cost overruns and waste in the industry, Trimble's technology can generate significant value for governments and companies investing in infrastructure. In addition, reducing waste will help customers meet their carbon emissions targets for construction -- the industry is a significant contributor to carbon emissions.Trimble should also be included on lists of companies benefiting from infrastructure spending.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031606052,"gmtCreate":1646532443157,"gmtModify":1676534137232,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031606052","repostId":"1124549838","repostType":4,"repost":{"id":"1124549838","pubTimestamp":1646529909,"share":"https://www.laohu8.com/m/news/1124549838?lang=&edition=full","pubTime":"2022-03-06 09:25","market":"us","language":"en","title":"Here's How Much You'd Have Right Now If You Invested $100 In Tesla When Elon Musk Was Sued By The SEC In 2018","url":"https://stock-news.laohu8.com/highlight/detail?id=1124549838","media":"Benzinga","summary":"Investors who placed their hard-earned cash into major US indices have enjoyed respectable returns s","content":"<html><head></head><body><p>Investors who placed their hard-earned cash into major US indices have enjoyed respectable returns since fall 2018. The <b>SPDR S&amp;P 500 ETF</b>(NASDAQ:SPY),<b>Invesco QQQ Trust Series 1</b>(NASDAQ:QQQ) and <b>SPDR Dow Jones Industrial Average ETF Trust</b>(NASDAQ:DIA) have returned 48.65%, 81.55% and 27.26% respectively.</p><p>As good as investors in the major US indices have had it since 2018, investors in the broader electric vehicle (EV) space have had it that much better. Bulls that took a chance on Tesla following the fall 2018 announcement of the SEC suing the EV-giant’s CEO <b>Elon Musk</b> for securities fraud, and held through the time of publication, have cashed in big time.</p><p>For the uninitiated, Tesla investors back in 2018 experienced a very unorthodox announcement on Aug. 7, when Musk tweeted that he was considering taking the company private, with “funding secured.”</p><p>According to the SEC filing, the misleading statements made by the Tesla chief falsely indicated it was certain that he could, in fact, take Tesla private at a specified purchase price. This purchase price reflected a premium over the price of Tesla shares at the time. Additionally, Musk had not discussed, nor confirmed key deal terms with any funding source…<i>Read More</i></p><p><b>Returns on Tesla since 2018</b>: Following the years-ago lawsuit, here’s how much $100 in Tesla stock invested on Sept. 27, 2018, at a share price of $52.11, would be worth today:<b>$1,608.69 for a return of 1508.69%</b>.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's How Much You'd Have Right Now If You Invested $100 In Tesla When Elon Musk Was Sued By The SEC In 2018</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's How Much You'd Have Right Now If You Invested $100 In Tesla When Elon Musk Was Sued By The SEC In 2018\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-06 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/general/education/22/03/26007476/heres-how-much-youd-have-right-now-if-you-invested-100-in-tesla-when-elon-musk-was-sued-by-the-><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors who placed their hard-earned cash into major US indices have enjoyed respectable returns since fall 2018. The SPDR S&P 500 ETF(NASDAQ:SPY),Invesco QQQ Trust Series 1(NASDAQ:QQQ) and SPDR Dow...</p>\n\n<a href=\"https://www.benzinga.com/general/education/22/03/26007476/heres-how-much-youd-have-right-now-if-you-invested-100-in-tesla-when-elon-musk-was-sued-by-the-\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/general/education/22/03/26007476/heres-how-much-youd-have-right-now-if-you-invested-100-in-tesla-when-elon-musk-was-sued-by-the-","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124549838","content_text":"Investors who placed their hard-earned cash into major US indices have enjoyed respectable returns since fall 2018. The SPDR S&P 500 ETF(NASDAQ:SPY),Invesco QQQ Trust Series 1(NASDAQ:QQQ) and SPDR Dow Jones Industrial Average ETF Trust(NASDAQ:DIA) have returned 48.65%, 81.55% and 27.26% respectively.As good as investors in the major US indices have had it since 2018, investors in the broader electric vehicle (EV) space have had it that much better. Bulls that took a chance on Tesla following the fall 2018 announcement of the SEC suing the EV-giant’s CEO Elon Musk for securities fraud, and held through the time of publication, have cashed in big time.For the uninitiated, Tesla investors back in 2018 experienced a very unorthodox announcement on Aug. 7, when Musk tweeted that he was considering taking the company private, with “funding secured.”According to the SEC filing, the misleading statements made by the Tesla chief falsely indicated it was certain that he could, in fact, take Tesla private at a specified purchase price. This purchase price reflected a premium over the price of Tesla shares at the time. Additionally, Musk had not discussed, nor confirmed key deal terms with any funding source…Read MoreReturns on Tesla since 2018: Following the years-ago lawsuit, here’s how much $100 in Tesla stock invested on Sept. 27, 2018, at a share price of $52.11, would be worth today:$1,608.69 for a return of 1508.69%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093569108,"gmtCreate":1643674403011,"gmtModify":1676533841811,"author":{"id":"3585370461477110","authorId":"3585370461477110","name":"Jyozu","avatar":"https://static.tigerbbs.com/ac83cb007e9144d9710ce08e1d562f3b","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093569108","repostId":"2208333517","repostType":4,"repost":{"id":"2208333517","pubTimestamp":1643672792,"share":"https://www.laohu8.com/m/news/2208333517?lang=&edition=full","pubTime":"2022-02-01 07:46","market":"us","language":"en","title":"Moderna Granted Full FDA Approval for Covid-19 Vaccine","url":"https://stock-news.laohu8.com/highlight/detail?id=2208333517","media":"seekingalpha","summary":"Moderna shares rose 1.05% in extended trading following a 6.18% climb in the regular session to clos","content":"<html><head></head><body><p>Moderna shares rose 1.05% in extended trading following a 6.18% climb in the regular session to close at $169.33.</p><p>The FDA approved its Biologics License Application (BLA) for its COVID-19 vaccine. With full approval, the messenger-RNA-based shot is allowed for use under the brand name SPIKEVAX for COVID-19 prevention in those aged 18 years and above.</p><p><img src=\"https://static.tigerbbs.com/3674497241f8cfde83ab1b0c672d6fea\" tg-width=\"903\" tg-height=\"725\" referrerpolicy=\"no-referrer\"/></p><p>In December 2020, the federal agency granted the Emergency Use Authorization (EUA) for the vaccine at the 100-µg dose level. Last year, the FDA greenlighted a booster dose at the 50-µg dose level for adults aged 18 years and older.</p><p>“This is a momentous milestone in Moderna&#39;s history as it is our first product to achieve licensure in the U.S.,&#34; remarked Moderna (NASDAQ:MRNA) CEO Stéphane Bancel.</p><p>&#34;The full licensure of Spikevax in the U.S. now joins that in Canada, Japan, the European Union, the UK, Israel, and other countries, where the adolescent indication is also approved,” he added.</p><li><p>The decision comes more than five months after Moderna’s (MRNA) rivals, Pfizer (NYSE:PFE)/BioNTech (NASDAQ:BNTX), won the full FDA approval for their COVID-19 shot.</p></li></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Moderna Granted Full FDA Approval for Covid-19 Vaccine</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\">\nModerna Granted Full FDA Approval for Covid-19 Vaccine\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-01 07:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3793583-moderna-granted-full-fda-approval-for-covid-19-vaccine><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Moderna shares rose 1.05% in extended trading following a 6.18% climb in the regular session to close at $169.33.The FDA approved its Biologics License Application (BLA) for its COVID-19 vaccine. With...</p>\n\n<a href=\"https://seekingalpha.com/news/3793583-moderna-granted-full-fda-approval-for-covid-19-vaccine\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4139":"生物科技","BK4568":"美国抗疫概念","BNTX":"BioNTech SE","MRNA":"Moderna, Inc.","BK4535":"淡马锡持仓","BK4548":"巴美列捷福持仓"},"source_url":"https://seekingalpha.com/news/3793583-moderna-granted-full-fda-approval-for-covid-19-vaccine","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2208333517","content_text":"Moderna shares rose 1.05% in extended trading following a 6.18% climb in the regular session to close at $169.33.The FDA approved its Biologics License Application (BLA) for its COVID-19 vaccine. With full approval, the messenger-RNA-based shot is allowed for use under the brand name SPIKEVAX for COVID-19 prevention in those aged 18 years and above.In December 2020, the federal agency granted the Emergency Use Authorization (EUA) for the vaccine at the 100-µg dose level. Last year, the FDA greenlighted a booster dose at the 50-µg dose level for adults aged 18 years and older.“This is a momentous milestone in Moderna's history as it is our first product to achieve licensure in the U.S.,\" remarked Moderna (NASDAQ:MRNA) CEO Stéphane Bancel.\"The full licensure of Spikevax in the U.S. now joins that in Canada, Japan, the European Union, the UK, Israel, and other countries, where the adolescent indication is also approved,” he added.The decision comes more than five months after Moderna’s (MRNA) rivals, Pfizer (NYSE:PFE)/BioNTech (NASDAQ:BNTX), won the full FDA approval for their COVID-19 shot.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}