GinOng personal page - To The Moon

GinOng

GinOng

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25Followers

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2023-04-19

Need to redeem your gift quick last day is 20th

2023-04-18

Tiger awesome. .... but not generous! Joe to get 1 Disney share when redemption is limited to 2?!

2023-04-17

Say with me.58' No try roll mom mum Nick ok No

2023-04-16

Sfumato gin v njgkk no n m Jin kct to on mm md to no m but I'll go u I ok

2023-04-15

Sg point try g I'm on ok B j go hhh h con m m b bd man in B n BMT

2023-04-14

2 attempts not enough to get whole number share. Could please explain such unfair limitation to redemption number to 2?

2023-04-12

This game is not really going anywhere

2023-04-11

Great to try. It's good exercise fingers! But it'stricky, will never earn 1 share, maximum is 0.9 share only. It's a scam!

2023-04-10

Great Easter game to try . Fastest fingers help

2023-04-08

Great finger's exercises

2023-04-08

Great fun!

@TigerEvents:【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher

2023-03-13

Great ariticle, would you like to share it?

@美股解毒师:流動性危機、失業率擡頭，美聯儲還會“硬着頭皮”加息嗎？

2023-01-31

Noted

@YNWIM:Finally test drove the lucid air this weekend, and it was amazing! definitely a class above all other EVs. I have driven both the Tesla model S, and the Mercedes, EQS and the Lucid outperforms and out classes them all. It turned a lot of heads as I drove around Tysons and Vienna, Virginia. There’s even a service center opening in March here at Tysons. 2023 is gonna be a big year as we see more lucid airs on the roads. I thought about canceling my order, but I’m gonna keep it now and hope that car comes real soon!As long as lucid is backed by the saudis I see it going upward from here. For multiple reasons like they’ve signed a contract in Saudi to build factories there and orders up to 10,000 lucid vehicles in Saudi alone. So I’m going bullish.$Lucid

2023-01-26

Noted

Alibaba Stock: Is Now A Good Time To Buy?

2023-01-13

Noted

SPY: Rally May Just Be Getting Started As Inflation Narrative Collapses

2023-01-12

Still choppy

Sorry, the original content has been removed

2022-12-11

Great selection

Sorry, the original content has been removed

2022-11-30

Noted good news

Singapore Shares Rise on Expectations of China Relaxing Covid Curbs

2022-11-09

Noted

U.S. Stocks Stayed Red in Morning Trading; Nasdaq Fell Over 0.6% While S&P 500 and Dow Jones Slid Over 0.4%

2022-11-08

$Digital World Acquisition Corp(DWAC)$

Go to Tiger App to see more news

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Could please explain such unfair limitation to redemption number to 2?","listText":"2 attempts not enough to get whole number share. Could please explain such unfair limitation to redemption number to 2?","text":"2 attempts not enough to get whole number share. Could please explain such unfair limitation to redemption number to 2?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9945600137","isVote":1,"tweetType":1,"viewCount":542,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4114334263373822","authorId":"4114334263373822","name":"Cyinsect","avatar":"https://community-static.tradeup.com/news/9b037b710fae5108a203d5d651f87209","crmLevel":3,"crmLevelSwitch":0,"idStr":"4114334263373822","authorIdStr":"4114334263373822"},"content":"So easy let you get the share, tiger will bankrupt :)","text":"So easy let you get the share, tiger will bankrupt :)","html":"So easy let you get the share, tiger will bankrupt :)"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942258879,"gmtCreate":1681232936592,"gmtModify":1681232940152,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"This game is not really going anywhere&nbsp;","listText":"This game is not really going anywhere&nbsp;","text":"This game is not really going anywhere","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942258879","isVote":1,"tweetType":1,"viewCount":508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942851280,"gmtCreate":1681189010340,"gmtModify":1681189014027,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Great to try. It's good exercise fingers! But it'stricky, will never earn&nbsp;1 share, maximum is 0.9 share only. It's a scam!","listText":"Great to try. It's good exercise fingers! But it'stricky, will never earn&nbsp;1 share, maximum is 0.9 share only. It's a scam!","text":"Great to try. It's good exercise fingers! But it'stricky, will never earn 1 share, maximum is 0.9 share only. It's a scam!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9942851280","isVote":1,"tweetType":1,"viewCount":624,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3569799068046543","authorId":"3569799068046543","name":"5福临门","avatar":"https://static.tigerbbs.com/cd3cf8b50e19e24d3335ed7948b40f5d","crmLevel":3,"crmLevelSwitch":1,"idStr":"3569799068046543","authorIdStr":"3569799068046543"},"content":"Is to ask you to invite friends to register for gold","text":"Is to ask you to invite friends to register for gold","html":"Is to ask you to invite friends to register for gold"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942936756,"gmtCreate":1681099776076,"gmtModify":1681099779773,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Great Easter game to try . Fastest fingers help","listText":"Great Easter game to try . Fastest fingers help","text":"Great Easter game to try . Fastest fingers help","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942936756","isVote":1,"tweetType":1,"viewCount":706,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946169659,"gmtCreate":1680886760871,"gmtModify":1680886764700,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Great finger's exercises&nbsp;","listText":"Great finger's exercises&nbsp;","text":"Great finger's exercises","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946169659","isVote":1,"tweetType":1,"viewCount":711,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946160350,"gmtCreate":1680886519671,"gmtModify":1680886522016,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Great fun!","listText":"Great fun!","text":"Great fun!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946160350","repostId":"9943960936","repostType":1,"repost":{"id":9943960936,"gmtCreate":1679046534725,"gmtModify":1680580626622,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher","htmlText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949223253,"gmtCreate":1678700692873,"gmtModify":1678700696552,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949223253","repostId":"627766126","repostType":1,"repost":{"id":627766126,"gmtCreate":1678699871564,"gmtModify":1678699906637,"author":{"id":"3440721572920950","authorId":"3440721572920950","name":"美股解毒师","avatar":"https://community-static.tradeup.com/news/bbf0f514b8e5abb92266789b89f6e1e6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3440721572920950","authorIdStr":"3440721572920950"},"themes":[],"title":"流動性危機、失業率擡頭，美聯儲還會“硬着頭皮”加息嗎？","htmlText":"上週的宏觀事件不僅密集且重要。美聯儲主席鮑威爾剛在3月7日的國會證詞中表達了“鷹派”立場，即“未來加息幅度可能超出此前預期，且持續時間可能更長”，立馬引得市場對3月加息基數的預期從25個基點上移至50個基點（概率一度接近70%），但週五的立馬被硅谷銀行流 動性危機已出現，市場很快放棄了這種預期。目前，美聯儲政策觀察工具顯示，3月加息50個基點概率爲0，25個基點的概率96%，不加息的概率爲4%。同時，3月10日美國公佈非農就業報告的業，也暗示了一些宏觀市場情緒。非農就業人數超過市場預期，達到31.1萬人，休閒和酒店業、零售業、政府和醫療保健引領就業增長，也是一定程度上錯配的修復（2月的天氣更爲暖和，領跑的休閒和酒店就業增超10萬人），不過勞動力市場依舊火爆，招聘需求持續超過可用工人。Non-Farm Payrolls Jobs有意思的是，失業率也從3.4%上升至3.6%，且高於預期（與非農就業人數並非統一口徑）；工資增速環比放緩，平均時薪同比增長4.6%低於預期4.8%，也降低了通脹持續高企的基礎，市場此前對加碼加息的擔憂情緒有所緩和。US Unemployment RateAverage Hourly Earnings% MoM就業經濟數據是滯後指標，在給美聯儲下一次議息會議提供基礎的同時，也在不斷印證了市場此前計價的“通脹放緩”的預期。由於現在已經進入美聯儲3月FOMC議息會議的“靜默期”，本週不會有美聯儲官員表態，而週二的二月CPI數據將會成爲非常關鍵的數據。本週最大的熱點還是硅谷銀行的流動性風險問題。本質上，這是一次因美聯儲的緊縮政策（上調利率、縮表）而導致的銀行流動性危機。詳見：<a href=\"https://laohu8.com/TW/627527847\" target=\"_blank\">“硅谷銀行暴跌”背後的危機及投資要點</a>2021年全球的一個大環境是","listText":"上週的宏觀事件不僅密集且重要。美聯儲主席鮑威爾剛在3月7日的國會證詞中表達了“鷹派”立場，即“未來加息幅度可能超出此前預期，且持續時間可能更長”，立馬引得市場對3月加息基數的預期從25個基點上移至50個基點（概率一度接近70%），但週五的立馬被硅谷銀行流 動性危機已出現，市場很快放棄了這種預期。目前，美聯儲政策觀察工具顯示，3月加息50個基點概率爲0，25個基點的概率96%，不加息的概率爲4%。同時，3月10日美國公佈非農就業報告的業，也暗示了一些宏觀市場情緒。非農就業人數超過市場預期，達到31.1萬人，休閒和酒店業、零售業、政府和醫療保健引領就業增長，也是一定程度上錯配的修復（2月的天氣更爲暖和，領跑的休閒和酒店就業增超10萬人），不過勞動力市場依舊火爆，招聘需求持續超過可用工人。Non-Farm Payrolls Jobs有意思的是，失業率也從3.4%上升至3.6%，且高於預期（與非農就業人數並非統一口徑）；工資增速環比放緩，平均時薪同比增長4.6%低於預期4.8%，也降低了通脹持續高企的基礎，市場此前對加碼加息的擔憂情緒有所緩和。US Unemployment RateAverage Hourly Earnings% MoM就業經濟數據是滯後指標，在給美聯儲下一次議息會議提供基礎的同時，也在不斷印證了市場此前計價的“通脹放緩”的預期。由於現在已經進入美聯儲3月FOMC議息會議的“靜默期”，本週不會有美聯儲官員表態，而週二的二月CPI數據將會成爲非常關鍵的數據。本週最大的熱點還是硅谷銀行的流動性風險問題。本質上，這是一次因美聯儲的緊縮政策（上調利率、縮表）而導致的銀行流動性危機。詳見：<a href=\"https://laohu8.com/TW/627527847\" target=\"_blank\">“硅谷銀行暴跌”背後的危機及投資要點</a>2021年全球的一個大環境是","text":"上週的宏觀事件不僅密集且重要。美聯儲主席鮑威爾剛在3月7日的國會證詞中表達了“鷹派”立場，即“未來加息幅度可能超出此前預期，且持續時間可能更長”，立馬引得市場對3月加息基數的預期從25個基點上移至50個基點（概率一度接近70%），但週五的立馬被硅谷銀行流 動性危機已出現，市場很快放棄了這種預期。目前，美聯儲政策觀察工具顯示，3月加息50個基點概率爲0，25個基點的概率96%，不加息的概率爲4%。同時，3月10日美國公佈非農就業報告的業，也暗示了一些宏觀市場情緒。非農就業人數超過市場預期，達到31.1萬人，休閒和酒店業、零售業、政府和醫療保健引領就業增長，也是一定程度上錯配的修復（2月的天氣更爲暖和，領跑的休閒和酒店就業增超10萬人），不過勞動力市場依舊火爆，招聘需求持續超過可用工人。Non-Farm Payrolls Jobs有意思的是，失業率也從3.4%上升至3.6%，且高於預期（與非農就業人數並非統一口徑）；工資增速環比放緩，平均時薪同比增長4.6%低於預期4.8%，也降低了通脹持續高企的基礎，市場此前對加碼加息的擔憂情緒有所緩和。US Unemployment RateAverage Hourly Earnings% MoM就業經濟數據是滯後指標，在給美聯儲下一次議息會議提供基礎的同時，也在不斷印證了市場此前計價的“通脹放緩”的預期。由於現在已經進入美聯儲3月FOMC議息會議的“靜默期”，本週不會有美聯儲官員表態，而週二的二月CPI數據將會成爲非常關鍵的數據。本週最大的熱點還是硅谷銀行的流動性風險問題。本質上，這是一次因美聯儲的緊縮政策（上調利率、縮表）而導致的銀行流動性危機。詳見：“硅谷銀行暴跌”背後的危機及投資要點2021年全球的一個大環境是","images":[{"img":"https://static.tigerbbs.com/32625d11ddaa086814c252d69ab9c7a3","width":"-1","height":"-1"},{"img":"https://static.tigerbbs.com/c9c64323c2f70b9a18c7ad5247c42d26","width":"-1","height":"-1"},{"img":"https://static.tigerbbs.com/a412c09e8b48003fbf98ea1d2b4c896f","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/627766126","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955964251,"gmtCreate":1675148006873,"gmtModify":1676538979535,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955964251","repostId":"9955964000","repostType":1,"repost":{"id":9955964000,"gmtCreate":1675147688600,"gmtModify":1676538979493,"author":{"id":"3479274757881734","authorId":"3479274757881734","name":"YNWIM","avatar":"https://static.tigerbbs.com/e12248fc43aa4bba110f09266ddca4c1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3479274757881734","authorIdStr":"3479274757881734"},"themes":[],"htmlText":"Finally test drove the lucid air this weekend, and it was amazing! definitely a class above all other EVs. I have driven both the Tesla model S, and the Mercedes, EQS and the Lucid outperforms and out classes them all. It turned a lot of heads as I drove around Tysons and Vienna, Virginia. There’s even a service center opening in March here at Tysons. 2023 is gonna be a big year as we see more lucid airs on the roads. I thought about canceling my order, but I’m gonna keep it now and hope that car comes real soon!As long as lucid is backed by the saudis I see it going upward from here. For multiple reasons like they’ve signed a contract in Saudi to build factories there and orders up to 10,000 lucid vehicles in Saudi alone. So I’m going bullish.<a href=\"https://ttm.financial/S/LCID\">$Lucid </a>","listText":"Finally test drove the lucid air this weekend, and it was amazing! definitely a class above all other EVs. I have driven both the Tesla model S, and the Mercedes, EQS and the Lucid outperforms and out classes them all. It turned a lot of heads as I drove around Tysons and Vienna, Virginia. There’s even a service center opening in March here at Tysons. 2023 is gonna be a big year as we see more lucid airs on the roads. I thought about canceling my order, but I’m gonna keep it now and hope that car comes real soon!As long as lucid is backed by the saudis I see it going upward from here. For multiple reasons like they’ve signed a contract in Saudi to build factories there and orders up to 10,000 lucid vehicles in Saudi alone. So I’m going bullish.<a href=\"https://ttm.financial/S/LCID\">$Lucid </a>","text":"Finally test drove the lucid air this weekend, and it was amazing! definitely a class above all other EVs. I have driven both the Tesla model S, and the Mercedes, EQS and the Lucid outperforms and out classes them all. It turned a lot of heads as I drove around Tysons and Vienna, Virginia. There’s even a service center opening in March here at Tysons. 2023 is gonna be a big year as we see more lucid airs on the roads. I thought about canceling my order, but I’m gonna keep it now and hope that car comes real soon!As long as lucid is backed by the saudis I see it going upward from here. For multiple reasons like they’ve signed a contract in Saudi to build factories there and orders up to 10,000 lucid vehicles in Saudi alone. So I’m going bullish.$Lucid","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955964000","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952203909,"gmtCreate":1674716745301,"gmtModify":1676538954961,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952203909","repostId":"2306484325","repostType":2,"repost":{"id":"2306484325","pubTimestamp":1674699463,"share":"https://ttm.financial/m/news/2306484325?lang=&edition=fundamental","pubTime":"2023-01-26 10:17","market":"us","language":"en","title":"Alibaba Stock: Is Now A Good Time To Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2306484325","media":"Seeking Alpha","summary":"SummaryAlibaba is now valued by the market at a substantially lower P/E multiple as compared to its ","content":"<html><head></head><body><h2>Summary</h2><ul><li>Alibaba is now valued by the market at a substantially lower P/E multiple as compared to its Chinese internet peers.</li><li>I am of the view that BABA&#39;s shares will perform well going forward, as I have a favorable view of the company&#39;s cloud business segment and shareholder capital return policy.</li><li>I retain a Buy rating for Alibaba, as I think that it is a good time to buy BABA&#39;s shares.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce655ac8c48b0e74e32236b1e8649564\" tg-width=\"1080\" tg-height=\"714\" width=\"100%\" height=\"auto\"/><span>maybefalse</span></p><h2>Elevator Pitch</h2><p>I maintain my Buy rating for Alibaba Group Holding Limited&#39;s (NYSE:BABA) [9988:HK] stock at this time. BABA&#39;s shares currently represent a good buying opportunity in view of the stock&#39;s valuation discount relative to its peers, its long-termoutlook relating to future share repurchases, and the cloud business&#39; growth potential.</p><h2>Why Did Alibaba&#39;s Stock Price Jump Up Recently?</h2><p>I previously raised my investment rating for BABA from a Hold to a Buy with my earlier Q2 FY 2023 (YE March 31) earnings preview article written on November 14, 2022. Alibaba&#39;s shares have risen by +63% since then, jumping from $73.16 to $119.44 as of January 24, 2023. Notably, BABA&#39;s share price went up by +33% in the past month.</p><p>In my opinion, the significant jump in BABA&#39;s stock price in the past month is mainly attributable to the easing ofregulatory and political risks for Alibaba.</p><p>A January 4, 2023 <i>Seeking Alpha News</i> article mentioned that &#34;Chinese regulators&#34; have given the go-ahead for Ant Group to &#34;raise $1.5B for its consumer finance unit.&#34; Two years ago, Ant Group, Alibaba&#39;s fintech business arm, aborted its public listing on the Shanghai Stock Exchange in November 2020, due to the company&#39;s failure to secure the necessary regulatory approvals.</p><p>On January 10, 2023, <i>Reuters</i> reported that BABA entered into &#34;a cooperation agreement with the government of Hangzhou.&#34; Separately, the Cyberspace Administration of China took a stake in Alibaba&#39;s &#34;media and entertainment units&#34;, UC Web and Youku, in the form of &#34;golden shares&#34; which offer voting power and the ability to appoint directors as per a January 13, 2023 <i>Seeking Alpha News</i> article.</p><p>As such, it is reasonable to view the recent developments for Alibaba and Ant Group as a sign that the crackdown on the Chinese technology sector has been halted by policy makers and regulatory agencies in China.</p><p>It is understandable that investors have applied a substantial regulatory risk discount to BABA&#39;s shares in the past. But Alibaba&#39;s stock has rebounded strongly in recent times thanks to a narrowing of this regulatory risk discount.</p><h2>Is It Fairly Valued Now?</h2><p>I deem Alibaba&#39;s shares to be undervalued, rather than fairly valued or overvalued, now.</p><p>BABA is still trading at a big discount to its Chinese internet peers, even though its shares have done pretty well in the last few months. The market currently values Alibaba at a consensus forward next twelve months&#39; normalized P/E of 13.8 times as per <i>S&amp;P Capital IQ</i> data. As a comparison, Tencent Holdings Limited (OTCPK:TCEHY) (OTCPK:TCTZF) [700:HK], Pinduoduo (PDD), and JD.com (JD) trade at forward P/E ratios of 24.7 times, 24.0 times, and 21.9 times, respectively.</p><p>Also, Alibaba used to command a forward P/E multiple in the 20-30 times valuation range (source:<i>S&amp;P Capital IQ</i>) for most of 2020, before China began targeting the technology sector and related companies in late-2020. With the regulatory environment for internet companies in China turning more favorable, it is likely that BABA&#39;s forward P/E ratio can expand to 20 times or higher in time to come.</p><p>In the subsequent two sections of the article, I note that the likely absence of negative surprises when BABA announces quarterly earnings and the stock&#39;s good long-term outlook should support a positive re-rating of Alibaba&#39;s share price and valuations going forward.</p><h2>BABA Stock Key Metrics</h2><p>Alibaba is expected to disclose its financial performance for the third quarter of fiscal 2023 (fourth quarter of calendar year 2022) on February 6, 2023. Expectations for BABA&#39;s Q3 FY 2023 results are low, and the market is already looking forward to Alibaba&#39;s business recovery in fiscal 2024 (April 1, 2023 to March 31, 2024).</p><p>The key metrics to pay attention to are the sell-side analysts&#39; consensus Q3 FY 2023 and full-year FY 2024 revenue and bottom line estimates for BABA sourced from <i>S&amp;P Capital IQ</i>.</p><p>The sell-side sees Alibaba&#39;s YoY top line expansion in local currency, or RMB terms, slowing from +9.7% for Q3 FY 2022 and +3.2% for Q2 FY 2023 to +1.9% in Q3 FY 2023. The analysts also predict BABA&#39;s normalized earnings per share or EPS to decrease by -2.1% from RMB16.87 in Q3 FY 2022 to RMB16.51 for Q3 FY 2023. This compares unfavorably with Alibaba&#39;s +15.4% bottom line growth (in RMB terms) in Q2 FY 2023. Moreover, 16 and 11 analysts (out of a total of 45 analysts covering the stock) have revised their Q3 FY 2023 top line and normalized EPS projections downward in the last three months.</p><p>BABA&#39;s business operations were very likely to have been adversely affected by the COVID-zero policy in Mainland China for the third quarter of fiscal 2023. But this is already reflected in the market&#39;s consensus financial figures for the stock. Therefore, I expect Alibaba to report in-line Q3 revenue and earnings next month.</p><p>More importantly, investors should be focused on the improvement in Alibaba&#39;s financial performance for the new fiscal year as BABA benefits from China&#39;s reopening. As per the analysts&#39; consensus financial numbers, Alibaba&#39;s top line and normalized EPS are projected to increase by +11.9% and +16.2% to RMB982 billion and RMB60.90, respectively. The expected improvement in BABA&#39;s financial results for the new fiscal year are supported by a recovery in China&#39;s consumption, positive operating leverage, and the successful implementation of cost optimization measures.</p><p>In a nutshell, my view is that BABA&#39;s actual Q3 FY 2023 financial results and its forward-looking management commentary, to be revealed early next month, should be in line with the market&#39;s expectations.</p><h2>What Is The Long-Term Stock Outlook?</h2><p>I see Alibaba&#39;s stock continuing to do well in the long run, based on my evaluation of its cloud business&#39; prospects and its capital allocation approach.</p><p>At its Q3 FY 2022 earnings briefing in February last year, BABA&#39;s CEO estimated that &#34;China&#39;s cloud market will be a RMB 1 trillion ($150 billion) opportunity by 2025&#34; because &#34;industrial digitalization (in China) today is still in a very early stage.&#34;</p><p>The bullish comments made by the company&#39;s CEO regarding the long term growth potential of the Chinese cloud industry are supported by various research firms&#39; forecasts and predictions.</p><p><i>McKinsey&#39;s</i> research indicates that China&#39;s public cloud segment could expand by an impressive CAGR of +30% for the 2021-2025 period. Separately, <i>Baillie Gifford&#39;s</i> research team expects Alibaba to have close to a 50% profit share of the Chinese cloud market in 2026. In other words, digital transformation for companies in China should be a major growth driver for the Chinese cloud sector in the years ahead, while BABA remains as a key beneficiary as it is expected to still have a lion&#39;s share of the profits generated by this market.</p><p>Separately, Alibaba is generating a significant amount of free cash flow, and the company intends to allocate a meaningful proportion of its free cash flow to share repurchases. Sustained share buybacks should support a re-rating of BABA&#39;s valuations over time, as the market assigns a valuation premium to Alibaba for its shareholder-friendly capital allocation approach.</p><p>BABAincreased the size of its share repurchase program from $25 billion to $40 billion in mid-November 2022 when it announced Q2 FY 2023 results. As of November last year, Alibaba still had around $22 billion remaining from its current buyback authorization which lasts until end-March 2025. In comparison, the sell-side analysts estimate that BABA can generate about $19 billion (in USD terms) of free cash flow for FY 2024.</p><p>Assuming that Alibaba completes its share repurchase program in full by March 2025, the company would have spent roughly half of its free cash flow on buybacks in the next two years which is pretty significant. Another way to assess BABA&#39;s share repurchases is to calculate the potential shareholder return yield. If the company allocates $11 billion to buybacks every year (half of what it is left of the buyback authorization for the next two years), this works out to be a very attractive shareholder return yield of 3.5% based on Alibaba&#39;s current market capitalization.</p><h2>Is BABA Stock A Buy, Sell, or Hold?</h2><p>I continue to rate BABA&#39;s stock as a Buy. Alibaba&#39;s shares are undervalued, and I see its stock price rising on the cloud business&#39; long term growth and the company&#39;s sustained share repurchases.</p><p><i>This article is written by The Value Pendulum for reference only. Please note the risks.</i></p></body></html>","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock: Is Now A Good Time To Buy?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock: Is Now A Good Time To Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-26 10:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4572255-alibaba-stock-is-now-good-time-to-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba is now valued by the market at a substantially lower P/E multiple as compared to its Chinese internet peers.I am of the view that BABA's shares will perform well going forward, as I ...</p>\n\n<a href=\"https://seekingalpha.com/article/4572255-alibaba-stock-is-now-good-time-to-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4572255-alibaba-stock-is-now-good-time-to-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2306484325","content_text":"SummaryAlibaba is now valued by the market at a substantially lower P/E multiple as compared to its Chinese internet peers.I am of the view that BABA's shares will perform well going forward, as I have a favorable view of the company's cloud business segment and shareholder capital return policy.I retain a Buy rating for Alibaba, as I think that it is a good time to buy BABA's shares.maybefalseElevator PitchI maintain my Buy rating for Alibaba Group Holding Limited's (NYSE:BABA) [9988:HK] stock at this time. BABA's shares currently represent a good buying opportunity in view of the stock's valuation discount relative to its peers, its long-termoutlook relating to future share repurchases, and the cloud business' growth potential.Why Did Alibaba's Stock Price Jump Up Recently?I previously raised my investment rating for BABA from a Hold to a Buy with my earlier Q2 FY 2023 (YE March 31) earnings preview article written on November 14, 2022. Alibaba's shares have risen by +63% since then, jumping from $73.16 to $119.44 as of January 24, 2023. Notably, BABA's share price went up by +33% in the past month.In my opinion, the significant jump in BABA's stock price in the past month is mainly attributable to the easing ofregulatory and political risks for Alibaba.A January 4, 2023 Seeking Alpha News article mentioned that \"Chinese regulators\" have given the go-ahead for Ant Group to \"raise $1.5B for its consumer finance unit.\" Two years ago, Ant Group, Alibaba's fintech business arm, aborted its public listing on the Shanghai Stock Exchange in November 2020, due to the company's failure to secure the necessary regulatory approvals.On January 10, 2023, Reuters reported that BABA entered into \"a cooperation agreement with the government of Hangzhou.\" Separately, the Cyberspace Administration of China took a stake in Alibaba's \"media and entertainment units\", UC Web and Youku, in the form of \"golden shares\" which offer voting power and the ability to appoint directors as per a January 13, 2023 Seeking Alpha News article.As such, it is reasonable to view the recent developments for Alibaba and Ant Group as a sign that the crackdown on the Chinese technology sector has been halted by policy makers and regulatory agencies in China.It is understandable that investors have applied a substantial regulatory risk discount to BABA's shares in the past. But Alibaba's stock has rebounded strongly in recent times thanks to a narrowing of this regulatory risk discount.Is It Fairly Valued Now?I deem Alibaba's shares to be undervalued, rather than fairly valued or overvalued, now.BABA is still trading at a big discount to its Chinese internet peers, even though its shares have done pretty well in the last few months. The market currently values Alibaba at a consensus forward next twelve months' normalized P/E of 13.8 times as per S&P Capital IQ data. As a comparison, Tencent Holdings Limited (OTCPK:TCEHY) (OTCPK:TCTZF) [700:HK], Pinduoduo (PDD), and JD.com (JD) trade at forward P/E ratios of 24.7 times, 24.0 times, and 21.9 times, respectively.Also, Alibaba used to command a forward P/E multiple in the 20-30 times valuation range (source:S&P Capital IQ) for most of 2020, before China began targeting the technology sector and related companies in late-2020. With the regulatory environment for internet companies in China turning more favorable, it is likely that BABA's forward P/E ratio can expand to 20 times or higher in time to come.In the subsequent two sections of the article, I note that the likely absence of negative surprises when BABA announces quarterly earnings and the stock's good long-term outlook should support a positive re-rating of Alibaba's share price and valuations going forward.BABA Stock Key MetricsAlibaba is expected to disclose its financial performance for the third quarter of fiscal 2023 (fourth quarter of calendar year 2022) on February 6, 2023. Expectations for BABA's Q3 FY 2023 results are low, and the market is already looking forward to Alibaba's business recovery in fiscal 2024 (April 1, 2023 to March 31, 2024).The key metrics to pay attention to are the sell-side analysts' consensus Q3 FY 2023 and full-year FY 2024 revenue and bottom line estimates for BABA sourced from S&P Capital IQ.The sell-side sees Alibaba's YoY top line expansion in local currency, or RMB terms, slowing from +9.7% for Q3 FY 2022 and +3.2% for Q2 FY 2023 to +1.9% in Q3 FY 2023. The analysts also predict BABA's normalized earnings per share or EPS to decrease by -2.1% from RMB16.87 in Q3 FY 2022 to RMB16.51 for Q3 FY 2023. This compares unfavorably with Alibaba's +15.4% bottom line growth (in RMB terms) in Q2 FY 2023. Moreover, 16 and 11 analysts (out of a total of 45 analysts covering the stock) have revised their Q3 FY 2023 top line and normalized EPS projections downward in the last three months.BABA's business operations were very likely to have been adversely affected by the COVID-zero policy in Mainland China for the third quarter of fiscal 2023. But this is already reflected in the market's consensus financial figures for the stock. Therefore, I expect Alibaba to report in-line Q3 revenue and earnings next month.More importantly, investors should be focused on the improvement in Alibaba's financial performance for the new fiscal year as BABA benefits from China's reopening. As per the analysts' consensus financial numbers, Alibaba's top line and normalized EPS are projected to increase by +11.9% and +16.2% to RMB982 billion and RMB60.90, respectively. The expected improvement in BABA's financial results for the new fiscal year are supported by a recovery in China's consumption, positive operating leverage, and the successful implementation of cost optimization measures.In a nutshell, my view is that BABA's actual Q3 FY 2023 financial results and its forward-looking management commentary, to be revealed early next month, should be in line with the market's expectations.What Is The Long-Term Stock Outlook?I see Alibaba's stock continuing to do well in the long run, based on my evaluation of its cloud business' prospects and its capital allocation approach.At its Q3 FY 2022 earnings briefing in February last year, BABA's CEO estimated that \"China's cloud market will be a RMB 1 trillion ($150 billion) opportunity by 2025\" because \"industrial digitalization (in China) today is still in a very early stage.\"The bullish comments made by the company's CEO regarding the long term growth potential of the Chinese cloud industry are supported by various research firms' forecasts and predictions.McKinsey's research indicates that China's public cloud segment could expand by an impressive CAGR of +30% for the 2021-2025 period. Separately, Baillie Gifford's research team expects Alibaba to have close to a 50% profit share of the Chinese cloud market in 2026. In other words, digital transformation for companies in China should be a major growth driver for the Chinese cloud sector in the years ahead, while BABA remains as a key beneficiary as it is expected to still have a lion's share of the profits generated by this market.Separately, Alibaba is generating a significant amount of free cash flow, and the company intends to allocate a meaningful proportion of its free cash flow to share repurchases. Sustained share buybacks should support a re-rating of BABA's valuations over time, as the market assigns a valuation premium to Alibaba for its shareholder-friendly capital allocation approach.BABAincreased the size of its share repurchase program from $25 billion to $40 billion in mid-November 2022 when it announced Q2 FY 2023 results. As of November last year, Alibaba still had around $22 billion remaining from its current buyback authorization which lasts until end-March 2025. In comparison, the sell-side analysts estimate that BABA can generate about $19 billion (in USD terms) of free cash flow for FY 2024.Assuming that Alibaba completes its share repurchase program in full by March 2025, the company would have spent roughly half of its free cash flow on buybacks in the next two years which is pretty significant. Another way to assess BABA's share repurchases is to calculate the potential shareholder return yield. If the company allocates $11 billion to buybacks every year (half of what it is left of the buyback authorization for the next two years), this works out to be a very attractive shareholder return yield of 3.5% based on Alibaba's current market capitalization.Is BABA Stock A Buy, Sell, or Hold?I continue to rate BABA's stock as a Buy. Alibaba's shares are undervalued, and I see its stock price rising on the cloud business' long term growth and the company's sustained share repurchases.This article is written by The Value Pendulum for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958056093,"gmtCreate":1673593278612,"gmtModify":1676538861556,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9958056093","repostId":"2303849999","repostType":2,"repost":{"id":"2303849999","pubTimestamp":1673592924,"share":"https://ttm.financial/m/news/2303849999?lang=&edition=fundamental","pubTime":"2023-01-13 14:55","market":"us","language":"en","title":"SPY: Rally May Just Be Getting Started As Inflation Narrative Collapses","url":"https://stock-news.laohu8.com/highlight/detail?id=2303849999","media":"Seeking Alpha","summary":"SummaryThe monthly December CPI came in line with expectations.We highlight why a soft landing scena","content":"<html><head></head><body><h2>Summary</h2><ul><li>The monthly December CPI came in line with expectations.</li><li>We highlight why a soft landing scenario in the economy appears likely.</li><li>A discussion of key Q4 earnings season themes to watch.</li><li>We&#39;re bullish on SPY and expect more upside.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b2575fbb5ede03ff2aeda547bf8c469\" tg-width=\"750\" tg-height=\"615\" referrerpolicy=\"no-referrer\"/><span>epicurean/E+ via Getty Images</span></p><p>The December CPI came in at an annual rate of 6.5%, in line with the consensus, but also down from 7.1% in November. This was the lowest print since October 2021 echoing the trend in the &#34;core&#34; indicator at 5.7%, which excludes the impact of food and energy, also moving in the right direction.</p><p>More importantly, the monthly headline rate declined by -0.1%, surprising to the downside, compared to the flat estimate. If we consider the average monthly inflation over the last six months at just 0.15%, the pace implies an annualized forward rate for the CPI at just 2%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/105bd299436a0b1feb4f22995db6fa38\" tg-width=\"640\" tg-height=\"214\" referrerpolicy=\"no-referrer\"/><span>source: BLS</span></p><p>The setup has significant implications for the next steps in Fed policy. An FOMC meeting is coming up in less than three weeks, with some new flexibility for Powell and company to start making adjustments to its uber-hawkish messaging that was the staple for much of 2022 because the data now justifies it.</p><p>We&#39;ve been calling it through several notes published here in recent months and on the right side of this trade considering the impressive rally already in stocks. The S&amp;P 500 (NYSEARCA:SPY) is up nearly 15% from its October low and even compared to levels in May eight months ago. From here, we see several reasons to stay bullish and expect more upside.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81f00ad1df9b2de188b219fed33aa54c\" tg-width=\"635\" tg-height=\"371\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><h2>Collapsing Inflationary Pressures</h2><p>Going through the CPI data, a couple of points are worth diving into. The &#34;food&#34; price category posted a monthly increase of just +0.3%, the smallest increase since January 2021, nearly two years ago. The sense is that the combination of normalizing demand from skewed pandemic dynamics, easing supply chain pressures, and lower commodity input prices are starting to stabilize this high-profile category.</p><p>That&#39;s also the setup in core items like &#34;new vehicles&#34;, and &#34;used cards&#34; where prices are dropping as inventory improves. The one stubborn component is &#34;shelter&#34; which still has room to fall, in our view, into the headlines of a slower housing market with the more direct impact of higher rates.</p><p>Lower energy prices are also helping based on broader global macro trends. On this point, most people will be aware of the sharp correction in oil and gas prices reflected in the &#34;energy commodities&#34; category declining by -4.5% on the month and up just 0.4% higher year-over-year. Beyond the daily volatility in crude oil (USO), what&#39;s encouraging is the turn lower in &#34;fuel oil&#34; prices, down -17% m/m, which has been one of the hottest items over the past year. This implies the spread to oil is narrowing, again based on those same normalizing global supply chains.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a95b5c29039e5ba1699679594f1505d3\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/><span>source: BLS</span></p><p>The point here is to say that there are plenty of indications inflation as we saw it in 2022 is effectively over. Entering 2023 with the January and February data, the CPI will start hitting tough comps from the first half of 2022. A headline inflation rate under 3% by the end of this year could be in the cards as a very bullish turn of events.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1ad7e41a4fca238308cb9e3cf0c805dc\" tg-width=\"640\" tg-height=\"340\" referrerpolicy=\"no-referrer\"/><span>source: tradingeconomics</span></p><h2>Bullish On Stocks</h2><p>As it relates to the Fed, it&#39;s not &#34;mission accomplished&#34; just yet, but it&#39;s clear to us that the data has progressed better than expected, and it may not be necessary for many more rate hikes.</p><p>One of our talking points has been that the Fed played it extra cautiously, in the face of damaged credibility following its missteps in 2021. In other words, they may have underpromised last year through the fire and brimstone messaging to make room to eventually over-deliver. That&#39;s the trajectory we believe is taking place.</p><p>Whether the next Fed Meeting set for February 1st features a 50 basis point hike, or now the more likely a 25 basis point increase; we&#39;re one step closer to reaching that terminal rate. Into the second half of the year, a scenario where it&#39;s evident forward inflation expectations are firmly anchored in the low single digits can place a decision for a possible rate cut on the table.</p><p>This of course would work to jumpstart investment sentiment with a boost to economic activity as a strong tailwind for risk assets. We&#39;re already seeing that with the action in Treasuries as yields pull back with a rally in bonds in recent months. This is the market&#39;s inference for where Fed policy is headed going forward.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86c4de05c8efce00317cb28f15529e3d\" tg-width=\"640\" tg-height=\"306\" referrerpolicy=\"no-referrer\"/><span>source: cnbc</span></p><p>The biggest change today is that the latest data sort of forces a reckoning by investors in the large segment of the market that came into 2023 with a baseline of &#34;higher for longer&#34; in terms of interest rates, or even those that thought that inflation was poised to re-accelerate higher. This also ties into the otherwise resilient labor market data which has posted continued job gains even as wage pressures slow.</p><p>Any calls for surging unemployment and a deeper economic collapse are moving more toward the side of dangerously contrarian. At the end of the day, the Fed may achieve its goal of stabilizing consumer prices without causing a deep recession which is a nugget many believed to be impossible.</p><p>What we&#39;re counting on is a clearer path for a &#34;soft landing&#34; in the U.S. economy where despite the volatile conditions last year, the economy emerges relatively unscathed, where the higher plateau for interest rates is manageable. The next stage in the cycle could be marked by good-news is good-news with several soft and hard indicators suggesting a broader macro rebound. A lot of that will be tied directly to the easing inflation.</p><ul><li>Corporate margins and earnings benefit from lower cost pressures.</li><li>Consumer sentiment gets a lift.</li><li>Manufacturing and Services PMI bounce from near record lows.</li><li>Stabilizing interest rates provide a floor to the housing market.</li><li>China reopening leads to a rebound in trade activity.</li><li>Further improvements to supply chains.</li></ul><p>Maybe the biggest development in recent months has been the weakening of the U.S. Dollar corresponding to the pullback in bond yields, along with the specific trends towards the Euro as the large component of the Dollar Index. The message we have is that while higher interest rates represent a form of monetary tightening, the weaker Dollar and now lower inflation expectation help to balance those impacts. A resurgence of global growth including momentum in emerging markets also ends up being positive for the macro backdrop.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9af6010455eca8f64896d7a1ef0862a5\" tg-width=\"640\" tg-height=\"283\" referrerpolicy=\"no-referrer\"/><span>source: finviz</span></p><h2>Q4 Earnings Season Preview</h2><p>The next major market catalyst will be the upcoming Q4 earnings season which kicks off with the big banks reporting Friday, January 13th while most mega-cap leaders come later this month.</p><p>The data we&#39;re looking at suggests earnings estimates have trended lower in recent months which is in the context of what until a few weeks ago was extreme pessimism and now a low base of expectations. According to FactSet, the S&amp;P 500 EPS is on track to post an annual decline of -4.1%. This is against the historically strong Q4 2021, with weakness, particularly from consumer discretionary names and also tech.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3c257c25e0f10dfce0d406f9e737606f\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/><span>source: FactSet</span></p><p>At the same time, consider that the sectors facing the biggest earnings headwinds have also lagged with a case to be made that their poor performance suggests that some of the earnings weakness has already been priced in.</p><p>Major companies like Amazon.com (AMZN) previously cited inflation and logistics costs as one of its biggest challenges last year, which is encouraging considering those factors are reversing now. We&#39;ve called AMZN a big winner from the November CPI report and the latest December data further supports that view.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a314d0c09c9c348e10b13c7544da0032\" tg-width=\"635\" tg-height=\"568\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p>There is also a thought that efforts toward cost-cutting and driving financial efficiencies can play a bigger role going forward. That&#39;s the case with <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, Inc. (META), among the worst performers in the S&amp;P 500 but notably gaining momentum with a rally.</p><p>With banks the big question is, how have the higher interest rates impacted core lending beyond the positive income factor? One trend that will be watched is how large of loan-loss provisions the group including JPMorgan Chase &amp; Co. (JPM) chooses to take as a sign of financial concerns. On that point, we haven&#39;t seen the widescale corporate defaults defined in other recessions which is a good sign for earnings momentum from financials.</p><p>Overall, it will be important for companies to confirm conditions have remained at least stable relative to Q3 when 40% of S&amp;P 500 companies were able to beat EPS expectations. A cautiously optimistic outlook from management teams focusing on improving supply chains along with easing cost pressures as a positive for margins can go a long way for the market to climb the wall of earnings worry.</p><h2>SPY Price Forecast</h2><p>The way we see it playing out is that beyond Q4 earnings reports from major companies, the February FOMC meeting incorporating the latest CPI data could be a game changer through a new narrative in the market consensus. An environment where bears begin to slowly abandon calls for the market to make a new cycle low translates directly into a short squeeze at the margin as a tailwind for stocks to run.</p><p>A bullish positioning into this positive market momentum makes sense. We&#39;ve previously set a year-end price target for the S&amp;P at 4,777 or nearly $480 in SPY and reaffirm that call today. SPY is approaching the $400 or $4,000 at the S&amp;P 500 index level which is a key psychological level. Beaten-down names, particularly in tech and growth, are well-positioned to lead higher.</p><p>In terms of risks, we always have to bring up the ongoing Russia-Ukraine conflict which remains volatile. All it takes is a headline of some escalation into NATO territory where all bets are off. We&#39;ll consider this more of a tail-risk event but needs to be watched closely. Energy prices are also critical going forward. Even with some room for oil to rebound from here, as the sharply higher price of gasoline and fuel could drive a new wave of inflation.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4080d0ac1cfe22d25bbb5284964fd501\" tg-width=\"640\" tg-height=\"234\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p><i>This article is written by BOOX Research for reference only. Please note the risks.</i></p></body></html>","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPY: Rally May Just Be Getting Started As Inflation Narrative Collapses</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPY: Rally May Just Be Getting Started As Inflation Narrative Collapses\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-13 14:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4569608-spy-rally-may-just-be-getting-started-as-inflation-narrative-collapses><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe monthly December CPI came in line with expectations.We highlight why a soft landing scenario in the economy appears likely.A discussion of key Q4 earnings season themes to watch.We're ...</p>\n\n<a href=\"https://seekingalpha.com/article/4569608-spy-rally-may-just-be-getting-started-as-inflation-narrative-collapses\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index","VOO":"Vanguard标普500ETF","IVV":"标普500指数ETF"},"source_url":"https://seekingalpha.com/article/4569608-spy-rally-may-just-be-getting-started-as-inflation-narrative-collapses","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2303849999","content_text":"SummaryThe monthly December CPI came in line with expectations.We highlight why a soft landing scenario in the economy appears likely.A discussion of key Q4 earnings season themes to watch.We're bullish on SPY and expect more upside.epicurean/E+ via Getty ImagesThe December CPI came in at an annual rate of 6.5%, in line with the consensus, but also down from 7.1% in November. This was the lowest print since October 2021 echoing the trend in the \"core\" indicator at 5.7%, which excludes the impact of food and energy, also moving in the right direction.More importantly, the monthly headline rate declined by -0.1%, surprising to the downside, compared to the flat estimate. If we consider the average monthly inflation over the last six months at just 0.15%, the pace implies an annualized forward rate for the CPI at just 2%.source: BLSThe setup has significant implications for the next steps in Fed policy. An FOMC meeting is coming up in less than three weeks, with some new flexibility for Powell and company to start making adjustments to its uber-hawkish messaging that was the staple for much of 2022 because the data now justifies it.We've been calling it through several notes published here in recent months and on the right side of this trade considering the impressive rally already in stocks. The S&P 500 (NYSEARCA:SPY) is up nearly 15% from its October low and even compared to levels in May eight months ago. From here, we see several reasons to stay bullish and expect more upside.Data by YChartsCollapsing Inflationary PressuresGoing through the CPI data, a couple of points are worth diving into. The \"food\" price category posted a monthly increase of just +0.3%, the smallest increase since January 2021, nearly two years ago. The sense is that the combination of normalizing demand from skewed pandemic dynamics, easing supply chain pressures, and lower commodity input prices are starting to stabilize this high-profile category.That's also the setup in core items like \"new vehicles\", and \"used cards\" where prices are dropping as inventory improves. The one stubborn component is \"shelter\" which still has room to fall, in our view, into the headlines of a slower housing market with the more direct impact of higher rates.Lower energy prices are also helping based on broader global macro trends. On this point, most people will be aware of the sharp correction in oil and gas prices reflected in the \"energy commodities\" category declining by -4.5% on the month and up just 0.4% higher year-over-year. Beyond the daily volatility in crude oil (USO), what's encouraging is the turn lower in \"fuel oil\" prices, down -17% m/m, which has been one of the hottest items over the past year. This implies the spread to oil is narrowing, again based on those same normalizing global supply chains.source: BLSThe point here is to say that there are plenty of indications inflation as we saw it in 2022 is effectively over. Entering 2023 with the January and February data, the CPI will start hitting tough comps from the first half of 2022. A headline inflation rate under 3% by the end of this year could be in the cards as a very bullish turn of events.source: tradingeconomicsBullish On StocksAs it relates to the Fed, it's not \"mission accomplished\" just yet, but it's clear to us that the data has progressed better than expected, and it may not be necessary for many more rate hikes.One of our talking points has been that the Fed played it extra cautiously, in the face of damaged credibility following its missteps in 2021. In other words, they may have underpromised last year through the fire and brimstone messaging to make room to eventually over-deliver. That's the trajectory we believe is taking place.Whether the next Fed Meeting set for February 1st features a 50 basis point hike, or now the more likely a 25 basis point increase; we're one step closer to reaching that terminal rate. Into the second half of the year, a scenario where it's evident forward inflation expectations are firmly anchored in the low single digits can place a decision for a possible rate cut on the table.This of course would work to jumpstart investment sentiment with a boost to economic activity as a strong tailwind for risk assets. We're already seeing that with the action in Treasuries as yields pull back with a rally in bonds in recent months. This is the market's inference for where Fed policy is headed going forward.source: cnbcThe biggest change today is that the latest data sort of forces a reckoning by investors in the large segment of the market that came into 2023 with a baseline of \"higher for longer\" in terms of interest rates, or even those that thought that inflation was poised to re-accelerate higher. This also ties into the otherwise resilient labor market data which has posted continued job gains even as wage pressures slow.Any calls for surging unemployment and a deeper economic collapse are moving more toward the side of dangerously contrarian. At the end of the day, the Fed may achieve its goal of stabilizing consumer prices without causing a deep recession which is a nugget many believed to be impossible.What we're counting on is a clearer path for a \"soft landing\" in the U.S. economy where despite the volatile conditions last year, the economy emerges relatively unscathed, where the higher plateau for interest rates is manageable. The next stage in the cycle could be marked by good-news is good-news with several soft and hard indicators suggesting a broader macro rebound. A lot of that will be tied directly to the easing inflation.Corporate margins and earnings benefit from lower cost pressures.Consumer sentiment gets a lift.Manufacturing and Services PMI bounce from near record lows.Stabilizing interest rates provide a floor to the housing market.China reopening leads to a rebound in trade activity.Further improvements to supply chains.Maybe the biggest development in recent months has been the weakening of the U.S. Dollar corresponding to the pullback in bond yields, along with the specific trends towards the Euro as the large component of the Dollar Index. The message we have is that while higher interest rates represent a form of monetary tightening, the weaker Dollar and now lower inflation expectation help to balance those impacts. A resurgence of global growth including momentum in emerging markets also ends up being positive for the macro backdrop.source: finvizQ4 Earnings Season PreviewThe next major market catalyst will be the upcoming Q4 earnings season which kicks off with the big banks reporting Friday, January 13th while most mega-cap leaders come later this month.The data we're looking at suggests earnings estimates have trended lower in recent months which is in the context of what until a few weeks ago was extreme pessimism and now a low base of expectations. According to FactSet, the S&P 500 EPS is on track to post an annual decline of -4.1%. This is against the historically strong Q4 2021, with weakness, particularly from consumer discretionary names and also tech.source: FactSetAt the same time, consider that the sectors facing the biggest earnings headwinds have also lagged with a case to be made that their poor performance suggests that some of the earnings weakness has already been priced in.Major companies like Amazon.com (AMZN) previously cited inflation and logistics costs as one of its biggest challenges last year, which is encouraging considering those factors are reversing now. We've called AMZN a big winner from the November CPI report and the latest December data further supports that view.Data by YChartsThere is also a thought that efforts toward cost-cutting and driving financial efficiencies can play a bigger role going forward. That's the case with Meta Platforms, Inc. (META), among the worst performers in the S&P 500 but notably gaining momentum with a rally.With banks the big question is, how have the higher interest rates impacted core lending beyond the positive income factor? One trend that will be watched is how large of loan-loss provisions the group including JPMorgan Chase & Co. (JPM) chooses to take as a sign of financial concerns. On that point, we haven't seen the widescale corporate defaults defined in other recessions which is a good sign for earnings momentum from financials.Overall, it will be important for companies to confirm conditions have remained at least stable relative to Q3 when 40% of S&P 500 companies were able to beat EPS expectations. A cautiously optimistic outlook from management teams focusing on improving supply chains along with easing cost pressures as a positive for margins can go a long way for the market to climb the wall of earnings worry.SPY Price ForecastThe way we see it playing out is that beyond Q4 earnings reports from major companies, the February FOMC meeting incorporating the latest CPI data could be a game changer through a new narrative in the market consensus. An environment where bears begin to slowly abandon calls for the market to make a new cycle low translates directly into a short squeeze at the margin as a tailwind for stocks to run.A bullish positioning into this positive market momentum makes sense. We've previously set a year-end price target for the S&P at 4,777 or nearly $480 in SPY and reaffirm that call today. SPY is approaching the $400 or $4,000 at the S&P 500 index level which is a key psychological level. Beaten-down names, particularly in tech and growth, are well-positioned to lead higher.In terms of risks, we always have to bring up the ongoing Russia-Ukraine conflict which remains volatile. All it takes is a headline of some escalation into NATO territory where all bets are off. We'll consider this more of a tail-risk event but needs to be watched closely. Energy prices are also critical going forward. Even with some room for oil to rebound from here, as the sharply higher price of gasoline and fuel could drive a new wave of inflation.Seeking AlphaThis article is written by BOOX Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951496035,"gmtCreate":1673535006228,"gmtModify":1676538852527,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Still choppy","listText":"Still choppy","text":"Still choppy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9951496035","repostId":"1146997440","repostType":2,"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9929596840,"gmtCreate":1670691255880,"gmtModify":1676538418283,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Great selection&nbsp;","listText":"Great selection&nbsp;","text":"Great selection","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9929596840","repostId":"1106536306","repostType":2,"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962580248,"gmtCreate":1669806257984,"gmtModify":1676538247021,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Noted good news","listText":"Noted good news","text":"Noted good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9962580248","repostId":"1133001574","repostType":2,"repost":{"id":"1133001574","pubTimestamp":1669804016,"share":"https://ttm.financial/m/news/1133001574?lang=&edition=fundamental","pubTime":"2022-11-30 18:26","market":"sg","language":"en","title":"Singapore Shares Rise on Expectations of China Relaxing Covid Curbs","url":"https://stock-news.laohu8.com/highlight/detail?id=1133001574","media":"The Business Times","summary":"SINGAPORE shares managed to spike as trading leapt nearer to the closing bell on Wednesday (Nov 30),","content":"<div>\n<p>SINGAPORE shares managed to spike as trading leapt nearer to the closing bell on Wednesday (Nov 30), with the Straits Times Index rising 0.4 per cent or 14.13 points to 3,290.49 points.The index had ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-rise-expectations-china-relaxing\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares Rise on Expectations of China Relaxing Covid Curbs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Shares Rise on Expectations of China Relaxing Covid Curbs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-30 18:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-rise-expectations-china-relaxing><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE shares managed to spike as trading leapt nearer to the closing bell on Wednesday (Nov 30), with the Straits Times Index rising 0.4 per cent or 14.13 points to 3,290.49 points.The index had ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-rise-expectations-china-relaxing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-shares-rise-expectations-china-relaxing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133001574","content_text":"SINGAPORE shares managed to spike as trading leapt nearer to the closing bell on Wednesday (Nov 30), with the Straits Times Index rising 0.4 per cent or 14.13 points to 3,290.49 points.The index had been trading under Tuesday’s close most of the day, but spurted in the minutes before market close.Elsewhere in Asia, most key markets wrapped up trading higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987776736,"gmtCreate":1668007985926,"gmtModify":1676537998115,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9987776736","repostId":"1155942674","repostType":2,"repost":{"id":"1155942674","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":1668007736,"share":"https://ttm.financial/m/news/1155942674?lang=&edition=fundamental","pubTime":"2022-11-09 23:28","market":"us","language":"en","title":"U.S. Stocks Stayed Red in Morning Trading; Nasdaq Fell Over 0.6% While S&P 500 and Dow Jones Slid Over 0.4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1155942674","media":"Tiger Newspress","summary":"U.S. stocks stayed red in morning trading; Nasdaq tumbled 0.62%, S&P 500 crashed 0.43% while Dow Jones slid 0.42%.","content":"<html><head></head><body><p>U.S. stocks stayed red in morning trading; Nasdaq tumbled 0.62%, S&amp;P 500 crashed 0.43% while Dow Jones slid 0.42%.<img src=\"https://static.tigerbbs.com/faf1440989558bf12bb712caf4de732b\" tg-width=\"624\" tg-height=\"109\" width=\"100%\" height=\"auto\"/></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>U.S. Stocks Stayed Red in Morning Trading; Nasdaq Fell Over 0.6% While S&P 500 and Dow Jones Slid Over 0.4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Stayed Red in Morning Trading; Nasdaq Fell Over 0.6% While S&P 500 and Dow Jones Slid Over 0.4%\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\">2022-11-09 23:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks stayed red in morning trading; Nasdaq tumbled 0.62%, S&amp;P 500 crashed 0.43% while Dow Jones slid 0.42%.<img src=\"https://static.tigerbbs.com/faf1440989558bf12bb712caf4de732b\" tg-width=\"624\" tg-height=\"109\" width=\"100%\" height=\"auto\"/></p></body></html>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155942674","content_text":"U.S. stocks stayed red in morning trading; Nasdaq tumbled 0.62%, S&P 500 crashed 0.43% while Dow Jones slid 0.42%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987130706,"gmtCreate":1667849209805,"gmtModify":1676537972660,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DWAC\">$Digital World Acquisition Corp(DWAC)$</a>","listText":"<a href=\"https://ttm.financial/S/DWAC\">$Digital World Acquisition Corp(DWAC)$</a>","text":"$Digital World Acquisition Corp(DWAC)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987130706","isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9006356611,"gmtCreate":1641613105740,"gmtModify":1676533634982,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"It’s musical chair!","listText":"It’s musical chair!","text":"It’s musical chair!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006356611","repostId":"2201424321","repostType":4,"repost":{"id":"2201424321","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":1641597180,"share":"https://ttm.financial/m/news/2201424321?lang=&edition=fundamental","pubTime":"2022-01-08 07:13","market":"us","language":"en","title":"Wall St posts declines for first week of 2022; Nasdaq has worst week since Feb","url":"https://stock-news.laohu8.com/highlight/detail?id=2201424321","media":"Reuters","summary":"* U.S. nonfarm payrolls rise by 199,000 in December* GameStop jumps after report of foray into NFT, ","content":"<html><head></head><body><p>* U.S. nonfarm payrolls rise by 199,000 in December</p><p>* GameStop jumps after report of foray into NFT, crypto markets</p><p>* Indexes: Dow down 0.01%, S&amp;P 500 down 0.4%, Nasdaq down 1%</p><p>NEW YORK Jan 7 (Reuters) - Wall Street on Friday wrapped up the first week of the new year with daily and weekly losses as investors worried about looming U.S. interest-rate hikes and unfolding Omicron news.</p><p>The Nasdaq posted its biggest weekly percentage fall since February 2021 and led declines for the day in the major indexes. Stocks fell on Friday after the December U.S. jobs report missed expectations but was still seen as strong enough to keep the Federal Reserve&#39;s tightening path in place.</p><p>Friday&#39;s Labor Department data showed the U.S. jobs market was at or near maximum employment even though employment rose far less than expected in December, when there were worker shortages.</p><p>On Wednesday, minutes released of the Fed&#39;s Dec. 14-15 policy meeting showed officials at the U.S. central bank viewed the labor market as &#34;very tight,&#34; and signaled the Fed may have to raise rates sooner than expected.</p><p>&#34;The investor takeaway is that the labor market continues to be tight despite the headline miss,&#34; said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.</p><p>&#34;Investors are concerned the Fed will be more aggressive than expected.&#34;</p><p>Consumer discretionary and and technology sectors led the way lower on the S&amp;P 500 on Friday. Big tech companies have benefited from low interest rates.</p><p>On the flip side, the S&amp;P 500 financials sector and banking index extended recent gains and reached record closing highs. The bank index rose 9.4% for the week, registering its biggest weekly percentage gain since November 2020.</p><p>The Dow Jones Industrial Average fell 4.81 points, or 0.01%, to 36,231.66, the S&amp;P 500 lost 19.02 points, or 0.41%, to 4,677.03 and the Nasdaq Composite dropped 144.96 points, or 0.96%, to 14,935.90.</p><p>For the week, the Dow fell 0.3%, the S&amp;P 500 declined 1.9% and the Nasdaq dropped 4.5%.</p><p>Banks have risen with U.S. Treasury yields, with the U.S. benchmark 10-year yield soaring to a two-year high on Friday on the outlook for Fed rate hikes.</p><p>&#34;The sentiment has turned negative,&#34; said Jack Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. &#34;Right now the market is nervous and in the mood to sell at the first hint of bad news.&#34;</p><p>Rising cases on the Omicron variant of the coronavirus also caused investor jitters this week.</p><p>Investors have been rotating out technology-heavy growth shares and into more value-oriented shares, which they think may do better in a high interest-rate environment.</p><p>The S&amp;P 500 value index added 1% this week, outperforming the S&amp;P 500 growth index which fell 4.5%, its biggest weekly percentage drop since October 2020.</p><p>The S&amp;P 500 energy sector gained sharply for the week, rising 10.6% in its best week since November 2020.</p><p>&#34;Meme stock&#34; GameStop Corp jumped 7.3% after the video game retailer said it is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency partnerships.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.01-to-1 ratio; on Nasdaq, a 1.38-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 50 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 83 new highs and 262 new lows.</p><p>Volume on U.S. exchanges was 10.21 billion shares, compared with the roughly 10.4 billion average for the full session over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St posts declines for first week of 2022; Nasdaq has worst week since Feb</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; 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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 declines for first week of 2022; Nasdaq has worst week since Feb\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-08 07:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. nonfarm payrolls rise by 199,000 in December</p><p>* GameStop jumps after report of foray into NFT, crypto markets</p><p>* Indexes: Dow down 0.01%, S&amp;P 500 down 0.4%, Nasdaq down 1%</p><p>NEW YORK Jan 7 (Reuters) - Wall Street on Friday wrapped up the first week of the new year with daily and weekly losses as investors worried about looming U.S. interest-rate hikes and unfolding Omicron news.</p><p>The Nasdaq posted its biggest weekly percentage fall since February 2021 and led declines for the day in the major indexes. Stocks fell on Friday after the December U.S. jobs report missed expectations but was still seen as strong enough to keep the Federal Reserve&#39;s tightening path in place.</p><p>Friday&#39;s Labor Department data showed the U.S. jobs market was at or near maximum employment even though employment rose far less than expected in December, when there were worker shortages.</p><p>On Wednesday, minutes released of the Fed&#39;s Dec. 14-15 policy meeting showed officials at the U.S. central bank viewed the labor market as &#34;very tight,&#34; and signaled the Fed may have to raise rates sooner than expected.</p><p>&#34;The investor takeaway is that the labor market continues to be tight despite the headline miss,&#34; said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.</p><p>&#34;Investors are concerned the Fed will be more aggressive than expected.&#34;</p><p>Consumer discretionary and and technology sectors led the way lower on the S&amp;P 500 on Friday. Big tech companies have benefited from low interest rates.</p><p>On the flip side, the S&amp;P 500 financials sector and banking index extended recent gains and reached record closing highs. The bank index rose 9.4% for the week, registering its biggest weekly percentage gain since November 2020.</p><p>The Dow Jones Industrial Average fell 4.81 points, or 0.01%, to 36,231.66, the S&amp;P 500 lost 19.02 points, or 0.41%, to 4,677.03 and the Nasdaq Composite dropped 144.96 points, or 0.96%, to 14,935.90.</p><p>For the week, the Dow fell 0.3%, the S&amp;P 500 declined 1.9% and the Nasdaq dropped 4.5%.</p><p>Banks have risen with U.S. Treasury yields, with the U.S. benchmark 10-year yield soaring to a two-year high on Friday on the outlook for Fed rate hikes.</p><p>&#34;The sentiment has turned negative,&#34; said Jack Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. &#34;Right now the market is nervous and in the mood to sell at the first hint of bad news.&#34;</p><p>Rising cases on the Omicron variant of the coronavirus also caused investor jitters this week.</p><p>Investors have been rotating out technology-heavy growth shares and into more value-oriented shares, which they think may do better in a high interest-rate environment.</p><p>The S&amp;P 500 value index added 1% this week, outperforming the S&amp;P 500 growth index which fell 4.5%, its biggest weekly percentage drop since October 2020.</p><p>The S&amp;P 500 energy sector gained sharply for the week, rising 10.6% in its best week since November 2020.</p><p>&#34;Meme stock&#34; GameStop Corp jumped 7.3% after the video game retailer said it is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency partnerships.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.01-to-1 ratio; on Nasdaq, a 1.38-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 50 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 83 new highs and 262 new lows.</p><p>Volume on U.S. exchanges was 10.21 billion shares, compared with the roughly 10.4 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201424321","content_text":"* U.S. nonfarm payrolls rise by 199,000 in December* GameStop jumps after report of foray into NFT, crypto markets* Indexes: Dow down 0.01%, S&P 500 down 0.4%, Nasdaq down 1%NEW YORK Jan 7 (Reuters) - Wall Street on Friday wrapped up the first week of the new year with daily and weekly losses as investors worried about looming U.S. interest-rate hikes and unfolding Omicron news.The Nasdaq posted its biggest weekly percentage fall since February 2021 and led declines for the day in the major indexes. Stocks fell on Friday after the December U.S. jobs report missed expectations but was still seen as strong enough to keep the Federal Reserve's tightening path in place.Friday's Labor Department data showed the U.S. jobs market was at or near maximum employment even though employment rose far less than expected in December, when there were worker shortages.On Wednesday, minutes released of the Fed's Dec. 14-15 policy meeting showed officials at the U.S. central bank viewed the labor market as \"very tight,\" and signaled the Fed may have to raise rates sooner than expected.\"The investor takeaway is that the labor market continues to be tight despite the headline miss,\" said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.\"Investors are concerned the Fed will be more aggressive than expected.\"Consumer discretionary and and technology sectors led the way lower on the S&P 500 on Friday. Big tech companies have benefited from low interest rates.On the flip side, the S&P 500 financials sector and banking index extended recent gains and reached record closing highs. The bank index rose 9.4% for the week, registering its biggest weekly percentage gain since November 2020.The Dow Jones Industrial Average fell 4.81 points, or 0.01%, to 36,231.66, the S&P 500 lost 19.02 points, or 0.41%, to 4,677.03 and the Nasdaq Composite dropped 144.96 points, or 0.96%, to 14,935.90.For the week, the Dow fell 0.3%, the S&P 500 declined 1.9% and the Nasdaq dropped 4.5%.Banks have risen with U.S. Treasury yields, with the U.S. benchmark 10-year yield soaring to a two-year high on Friday on the outlook for Fed rate hikes.\"The sentiment has turned negative,\" said Jack Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. \"Right now the market is nervous and in the mood to sell at the first hint of bad news.\"Rising cases on the Omicron variant of the coronavirus also caused investor jitters this week.Investors have been rotating out technology-heavy growth shares and into more value-oriented shares, which they think may do better in a high interest-rate environment.The S&P 500 value index added 1% this week, outperforming the S&P 500 growth index which fell 4.5%, its biggest weekly percentage drop since October 2020.The S&P 500 energy sector gained sharply for the week, rising 10.6% in its best week since November 2020.\"Meme stock\" GameStop Corp jumped 7.3% after the video game retailer said it is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency partnerships.Advancing issues outnumbered declining ones on the NYSE by a 1.01-to-1 ratio; on Nasdaq, a 1.38-to-1 ratio favored decliners.The S&P 500 posted 50 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 83 new highs and 262 new lows.Volume on U.S. exchanges was 10.21 billion shares, compared with the roughly 10.4 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839718255,"gmtCreate":1629181044277,"gmtModify":1676529956283,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"I am accumulating Alibaba. Going for long term","listText":"I am accumulating Alibaba. Going for long term","text":"I am accumulating Alibaba. Going for long term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/839718255","repostId":"2159222279","repostType":4,"isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9036004501,"gmtCreate":1646928166910,"gmtModify":1676534178624,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"EV should do well given the rising petrol&nbsp;price isn't it?!","listText":"EV should do well given the rising petrol&nbsp;price isn't it?!","text":"EV should do well given the rising petrol price isn't it?!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9036004501","repostId":"1139660818","repostType":2,"repost":{"id":"1139660818","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":1646924794,"share":"https://ttm.financial/m/news/1139660818?lang=&edition=fundamental","pubTime":"2022-03-10 23:06","market":"us","language":"en","title":"EV Stocks Tumbled in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1139660818","media":"Tiger Newspress","summary":"EV stocks tumbled in morning trading. Tesla, Rivian, Nio, Li Auto, XPeng, Faraday, Canoo, Arrival an","content":"<html><head></head><body><p>EV stocks tumbled in morning trading. Tesla, Rivian, Nio, Li Auto, XPeng, Faraday, Canoo, Arrival and Fisker fell between 1% and 11%.<img src=\"https://static.tigerbbs.com/14d7c3305f2ea3180388019c3adac97e\" tg-width=\"496\" tg-height=\"575\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/a3c71742dd4e29d8adac6ae51845b7a6\" tg-width=\"499\" tg-height=\"187\" width=\"100%\" height=\"auto\"/></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>EV Stocks Tumbled 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\">\nEV Stocks Tumbled 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\">2022-03-10 23:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>EV stocks tumbled in morning trading. Tesla, Rivian, Nio, Li Auto, XPeng, Faraday, Canoo, Arrival and Fisker fell between 1% and 11%.<img src=\"https://static.tigerbbs.com/14d7c3305f2ea3180388019c3adac97e\" tg-width=\"496\" tg-height=\"575\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/a3c71742dd4e29d8adac6ae51845b7a6\" tg-width=\"499\" tg-height=\"187\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来","RIVN":"Rivian Automotive, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139660818","content_text":"EV stocks tumbled in morning trading. Tesla, Rivian, Nio, Li Auto, XPeng, Faraday, Canoo, Arrival and Fisker fell between 1% and 11%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4090019857770890","authorId":"4090019857770890","name":"chaicka","avatar":"https://static.tigerbbs.com/c0c291a2a7983f128cf68e5b01fedd73","crmLevel":6,"crmLevelSwitch":0,"idStr":"4090019857770890","authorIdStr":"4090019857770890"},"content":"Shallow ones will think so. Many products are deveratives of petrol-chemical (eg plastics) + elements of batteries also shooting up. EV and all Automobiles will experience surge in costs!!!","text":"Shallow ones will think so. Many products are deveratives of petrol-chemical (eg plastics) + elements of batteries also shooting up. EV and all Automobiles will experience surge in costs!!!","html":"Shallow ones will think so. Many products are deveratives of petrol-chemical (eg plastics) + elements of batteries also shooting up. EV and all Automobiles will experience surge in costs!!!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094508956,"gmtCreate":1645168389705,"gmtModify":1676534005373,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Sure","listText":"Sure","text":"Sure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094508956","repostId":"2212642639","repostType":4,"repost":{"id":"2212642639","pubTimestamp":1645166332,"share":"https://ttm.financial/m/news/2212642639?lang=&edition=fundamental","pubTime":"2022-02-18 14:38","market":"us","language":"en","title":"Buffett Says Berkshire Had No Advance Word of Activision Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2212642639","media":"Bloomberg","summary":"(Bloomberg) -- Berkshire Hathaway Inc. “had no prior knowledge” of Microsoft Corp.’s plans to acquir","content":"<html><head></head><body><p>(Bloomberg) -- Berkshire Hathaway Inc. “had no prior knowledge” of Microsoft Corp.’s plans to acquire Activision Blizzard Inc. before the conglomerate took a stake in the gaming giant last year, billionaire Warren Buffett said.</p><p>The stock purchases were made by <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Berkshire’s two investment managers, Ted Weschler and Todd Combs, Buffett said in a statement. The investment was made “independently of me,” he wrote. The New York Post reported his comments earlier.</p><p>Buffett, Berkshire’s chief executive officer, is longtime friends with Bill Gates, Microsoft’s co-founder and former CEO, and a onetime Berkshire board member. Berkshire held nearly 14.7 million shares in the video-game company as of Dec. 31, according to a regulatory filing this week. The stock was purchased ahead of Activision’s $69 billion deal with Microsoft, which was announced in mid-January.</p><p>Buffett said Berkshire acquired its Activision stake at an average price of $77 a share. Activision stock jumped nearly 26% on the day of the deal’s announcement, and has climbed about 22% since the end of 2021. The shares fell less than 1% to $80.97 in New York on Thursday.</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>Buffett Says Berkshire Had No Advance Word of Activision Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuffett Says Berkshire Had No Advance Word of Activision Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-18 14:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/buffett-says-berkshire-had-no-025915124.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Berkshire Hathaway Inc. “had no prior knowledge” of Microsoft Corp.’s plans to acquire Activision Blizzard Inc. before the conglomerate took a stake in the gaming giant last year, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/buffett-says-berkshire-had-no-025915124.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ATVI":"动视暴雪","MSFT":"微软","BK4561":"索罗斯持仓","BRK.A":"伯克希尔","BK4554":"元宇宙及AR概念","BRK.B":"伯克希尔B","BK4532":"文艺复兴科技持仓"},"source_url":"https://finance.yahoo.com/news/buffett-says-berkshire-had-no-025915124.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2212642639","content_text":"(Bloomberg) -- Berkshire Hathaway Inc. “had no prior knowledge” of Microsoft Corp.’s plans to acquire Activision Blizzard Inc. before the conglomerate took a stake in the gaming giant last year, billionaire Warren Buffett said.The stock purchases were made by one of Berkshire’s two investment managers, Ted Weschler and Todd Combs, Buffett said in a statement. The investment was made “independently of me,” he wrote. The New York Post reported his comments earlier.Buffett, Berkshire’s chief executive officer, is longtime friends with Bill Gates, Microsoft’s co-founder and former CEO, and a onetime Berkshire board member. Berkshire held nearly 14.7 million shares in the video-game company as of Dec. 31, according to a regulatory filing this week. The stock was purchased ahead of Activision’s $69 billion deal with Microsoft, which was announced in mid-January.Buffett said Berkshire acquired its Activision stake at an average price of $77 a share. Activision stock jumped nearly 26% on the day of the deal’s announcement, and has climbed about 22% since the end of 2021. The shares fell less than 1% to $80.97 in New York on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093355927,"gmtCreate":1643528272871,"gmtModify":1676533829068,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Too aggressive !","listText":"Too aggressive !","text":"Too aggressive !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093355927","repostId":"1157223555","repostType":4,"repost":{"id":"1157223555","pubTimestamp":1643443466,"share":"https://ttm.financial/m/news/1157223555?lang=&edition=fundamental","pubTime":"2022-01-29 16:04","market":"us","language":"en","title":"Goldman Sachs Predicts Fed Will Raise Rates Five Times This Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1157223555","media":"Bloomberg","summary":"Goldman Sachs Group Inc.’s economists joined Wall Street peers in forecasting the Federal Reserve wi","content":"<html><head></head><body><p>Goldman Sachs Group Inc.’s economists joined Wall Street peers in forecasting the Federal Reserve will raise interest rates more aggressively than they previously expected.</p><p>Economists led by Jan Hatzius now predict the Fed will lift its near zero benchmark by 25 basis points five times this year rather than on four occasions. That would take the benchmark to 1.25%-1.5% by the end of the year.</p><p>Shifts are now seen by Goldman Sachs in March, May, July, September and December. They also expect officials to announce the start of a balance sheet reduction in June.</p><p>The switch came days after Fed Chair Jerome Powell said officials were ready to raise rates in March and left the door open to moving at every meeting if needed to curb the fastest inflation in 40 years. A government report on Friday showed the Employment Cost Index rose 4% in the year through December, the most in two decades.</p><p>Fed Kicks Off Most Aggressive Global Tightening in Decades</p><p>“The evidence that wage growth is running above levels consistent with the Fed’s inflation target has strengthened, and we have revised up our inflation path,” the Goldman Sachs economists said in a report to clients. “In addition, Chair Powell’s comments earlier this week made it clear that the Fed leadership is open to a more aggressive pace of tightening.”</p><p>The Fed could still switch gears if market conditions change or the economy decelerates much faster than projected, or tighten monetary policy even more than forecast if inflation remains high enough, they said.</p><p>Even as they agreed the Fed will do more than they previously bet, banks were divided this week over how aggressive policy makers would be.</p><p>Bank of America Corp. now predicts seven rate hikes in 2022 and BNP Paribas SA forecasts six, while JPMorgan Chase &amp; Co. and Deutsche Bank AG see five.</p><p>Nomura Holdings Inc. even reckons the central bank will deliver a 50 basis points increase in March, which would be the biggest move since 2000.</p><p>Bloomberg Economics is sticking with the projection of five hikes it made earlier this month, though Chief Economist Anna Wong said this week there is a risk of six increases.</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>Goldman Sachs Predicts Fed Will Raise Rates Five Times This Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nGoldman Sachs Predicts Fed Will Raise Rates Five Times This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-29 16:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/goldman-sachs-predicts-fed-raise-071350897.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs Group Inc.’s economists joined Wall Street peers in forecasting the Federal Reserve will raise interest rates more aggressively than they previously expected.Economists led by Jan ...</p>\n\n<a href=\"https://finance.yahoo.com/news/goldman-sachs-predicts-fed-raise-071350897.html\">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",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/goldman-sachs-predicts-fed-raise-071350897.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157223555","content_text":"Goldman Sachs Group Inc.’s economists joined Wall Street peers in forecasting the Federal Reserve will raise interest rates more aggressively than they previously expected.Economists led by Jan Hatzius now predict the Fed will lift its near zero benchmark by 25 basis points five times this year rather than on four occasions. That would take the benchmark to 1.25%-1.5% by the end of the year.Shifts are now seen by Goldman Sachs in March, May, July, September and December. They also expect officials to announce the start of a balance sheet reduction in June.The switch came days after Fed Chair Jerome Powell said officials were ready to raise rates in March and left the door open to moving at every meeting if needed to curb the fastest inflation in 40 years. A government report on Friday showed the Employment Cost Index rose 4% in the year through December, the most in two decades.Fed Kicks Off Most Aggressive Global Tightening in Decades“The evidence that wage growth is running above levels consistent with the Fed’s inflation target has strengthened, and we have revised up our inflation path,” the Goldman Sachs economists said in a report to clients. “In addition, Chair Powell’s comments earlier this week made it clear that the Fed leadership is open to a more aggressive pace of tightening.”The Fed could still switch gears if market conditions change or the economy decelerates much faster than projected, or tighten monetary policy even more than forecast if inflation remains high enough, they said.Even as they agreed the Fed will do more than they previously bet, banks were divided this week over how aggressive policy makers would be.Bank of America Corp. now predicts seven rate hikes in 2022 and BNP Paribas SA forecasts six, while JPMorgan Chase & Co. and Deutsche Bank AG see five.Nomura Holdings Inc. even reckons the central bank will deliver a 50 basis points increase in March, which would be the biggest move since 2000.Bloomberg Economics is sticking with the projection of five hikes it made earlier this month, though Chief Economist Anna Wong said this week there is a risk of six increases.","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802850998,"gmtCreate":1627767089514,"gmtModify":1703495499901,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Good time to bargain hunt for China&nbsp;value stocks&nbsp;","listText":"Good time to bargain hunt for China&nbsp;value stocks&nbsp;","text":"Good time to bargain hunt for China value stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/802850998","repostId":"1109883672","repostType":4,"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578631759891221","authorId":"3578631759891221","name":"keaty","avatar":"https://static.tigerbbs.com/bcf9d00e41b755619a4b4c3eb6f05541","crmLevel":6,"crmLevelSwitch":0,"idStr":"3578631759891221","authorIdStr":"3578631759891221"},"content":"make sure is really cheap. many are not really that cheap yet. remember it way chased up until very high","text":"make sure is really cheap. many are not really that cheap yet. remember it way chased up until very high","html":"make sure is really cheap. many are not really that cheap yet. remember it way chased up until very high"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177009893,"gmtCreate":1627157817712,"gmtModify":1703484815756,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Don’t chase it if you think its expensive, there are other better&nbsp;choices!","listText":"Don’t chase it if you think its expensive, there are other better&nbsp;choices!","text":"Don’t chase it if you think its expensive, there are other better choices!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/177009893","repostId":"2153989989","repostType":4,"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951496035,"gmtCreate":1673535006228,"gmtModify":1676538852527,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Still choppy","listText":"Still choppy","text":"Still choppy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9951496035","repostId":"1146997440","repostType":2,"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980264890,"gmtCreate":1665747182510,"gmtModify":1676537659143,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9980264890","repostId":"1140902779","repostType":2,"repost":{"id":"1140902779","pubTimestamp":1665761013,"share":"https://ttm.financial/m/news/1140902779?lang=&edition=fundamental","pubTime":"2022-10-14 23:23","market":"us","language":"en","title":"Inflation at 8.2%: 2 Strong Buy Dividend Stocks to Protect Your Money","url":"https://stock-news.laohu8.com/highlight/detail?id=1140902779","media":"TipRanks","summary":"Last month, the Federal Reserve implemented its fifth straight interest rate hike this year, and its third consecutive hike at 75 basis points, bringing its key funds rate up to the 3% to 3.25% range.","content":"<div>\n<p>Last month, the Federal Reserve implemented its fifth straight interest rate hike this year, and its third consecutive hike at 75 basis points, bringing its key funds rate up to the 3% to 3.25% range....</p>\n\n<a href=\"https://www.tipranks.com/news/article/inflation-at-8-2-2-strong-buy-dividend-stocks-to-protect-your-money\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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>Inflation at 8.2%: 2 Strong Buy Dividend Stocks to Protect Your Money</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\">\nInflation at 8.2%: 2 Strong Buy Dividend Stocks to Protect Your Money\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-14 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/inflation-at-8-2-2-strong-buy-dividend-stocks-to-protect-your-money><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last month, the Federal Reserve implemented its fifth straight interest rate hike this year, and its third consecutive hike at 75 basis points, bringing its key funds rate up to the 3% to 3.25% range....</p>\n\n<a href=\"https://www.tipranks.com/news/article/inflation-at-8-2-2-strong-buy-dividend-stocks-to-protect-your-money\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINE":"Alpine Income Property Trust, Inc.","CTO":"CTO Realty Growth, Inc."},"source_url":"https://www.tipranks.com/news/article/inflation-at-8-2-2-strong-buy-dividend-stocks-to-protect-your-money","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140902779","content_text":"Last month, the Federal Reserve implemented its fifth straight interest rate hike this year, and its third consecutive hike at 75 basis points, bringing its key funds rate up to the 3% to 3.25% range. The move showed that the central bank is deadly serious about taking on the stubbornly high inflation that has been plaguing the economy since the middle of 2021.The Fed’s turn toward an aggressive anti-inflationary policy may not be hard enough, however, as the September data, released this morning, showed the headline consumer price index (CPI) at an annualized rate of 8.2%, slightly lower than August’s 8.3%, but slightly higher than the 8.1% which had been forecast. There’s no good news here, and we should expect the Fed to take further aggressive rate hiking action at the next FOMC meeting on November 1 and 2.After the data release, the 2-year Treasury bond yield jumped by 16 basis points and hit 4.45%, and the 10-year note once again moved above 4%. These moves portend a shift by investors from stocks toward bonds, to lock in higher yields.For investors still intent on sticking with stocks, the logical move is find a defensive play that will provide some protection against inflation. Dividend stocks, especially the high-yield payers, are the ‘standard’ move in the defensive playbook, and we’ve used the TipRanks data to look up two that offer yields high enough to give some insulation against inflation. And even better, they both have a ‘Strong Buy’ consensus rating from the wider analyst community. Let’s take a closer look.Alpine Income Property Trust (PINE)The first high-yield div payer we’ll look at is Alpine Income Property Trust, a commercial net lease REIT with a focus on retail properties. Alpine’s portfolio is composed of open-air strip malls and stand-alone retail locations, spread across 35 states. The company is headquartered in Florida, where it has 4 properties; the state with the largest number of Alpine properties is Texas, with 25, while Ohio and New York tie for second place, each with 12 properties.Alpine has a total of 143 properties in its portfolio, a combined 3.3 million square feet of leasable space. The company boasts, justifiably, that it has a 100% occupancy rate. Revenues and earnings have been strong over the past two years, with consistent sequential gains at the top line.Alpine saw revenues of $11.3 million in 2Q22, the last quarter reported. Earnings spiked in that quarter, to $14.3 million, after coming in at just $304K one year earlier. Alpine had a diluted EPS of $1.05 in 2Q22. Of particular interest to dividend investors, Alpine reported an adjusted funds from operations (AFFO) of $0.47 for 2Q, a 20% increase year-over-year, and more than enough to fully cover the regular stock dividend.That dividend deserved a closer look. The most recent declaration, made in August, was for 27.5 cents per common share, a modest bump of 1.9% from the previous quarter – but the sixth dividend increase in the past three years. Alpine’s current common share dividend annualizes to $1.10 and gives a yield of 7%, more than triple the average dividend yield in the broader markets, and high enough to be useful as insulation against current inflation.In the eyes of Raymond James analyst RJ Milligan, who holds a 5-star ranking from TipRanks, all of this adds up to a company in a very solid position.“Investors continue to build positions in more defensive sectors (including net-lease) given concerns about a coming recession, which has helped drive the net lease sector’s YTD outperformance despite spiking rates and high inflation. We expect PINE will continue to benefit from this rotation given its high quality portfolio, discounted valuation, and well-covered dividend,” Milligan opined.Following from this upbeat stance, Milligan rates PINE shares an Outperform (i.e. Buy), and his price target of $23 implies a one-year upside potential of 44%.While this commercial REIT has only picked up 5 recent analyst reviews, those were all positive, testifying to PINE’s underlying strength and attractive qualities – and giving the stock a unanimous Strong Buy consensus rating. The shares are selling for $15.87 and their average price target of $21.25 indicates a potential gain of 33% in the next 12 months.CTO Realty Growth (CTO)Let’s stick with REITs, a sector known for its dividend champs. CTO Realty Growth is another commercial REIT with income-generating shopping mall and retail investments in 9 states. CTO has 6 properties in its home state of Florida, and 3 each in Georgia and Texas. The bulk of CTO’s assets are in the coastal Southeast or the Southwest, but the company does have a 15% ownership interest in Alpine, the stock discussed above.In recent weeks, CTO has announced two important developments that have enhanced the company’s liquidity. First was the September 21 notice that the firm had expanded its credit facility to $565 million, and that was followed on September 26 by the announcement that the company had sold off three properties in Jacksonville, Florida for a total of $34.9 million.Earlier in the summer, CTO reported its results for 2Q22, with fund from operations (FFO) coming in at $1.41 per share for the quarter, up 60% year-over-year, and adjusted FFO growing 38% to reach $1.48 per common share. These results were more than enough to support the dividend, which was declared for Q3 on August 22 and paid out on September 30. The Q3 dividend was raised by a modest 1.8% and paid out at 38 cents per common share. The dividend’s annualized rate of $1.52 gives a yield of 8.6%, which is higher than current inflation numbers and ensures a real rate of return for investors.AnalystRobert Stevenson, watching this stock for investment firm Janney Montgomery, is unabashedly bullish on CTO. He says of the company, “Our continued positive view on the stock is based on the company’s assets, high dividend yield, and ability to continue to grow earnings and dividends for shareholders… CTO is one of our favorite yield names within our REIT coverage universe.”Factoring in a discounted valuation and attractive growth potential, Stevenson rates CTO a Buy, along with a price target of $25. If his price target is achieved, investors could realize a potential total return of ~44%There are 4 recent analyst reviews on file for CTO and they are unanimously positive, to give the stock its Strong Buy analyst consensus rating. The shares are priced at $17.54 and their $25 average target matches Stevenson’s 42% upside forecast.","news_type":1},"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140773742,"gmtCreate":1625678372686,"gmtModify":1703746336308,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Buy Apple ID you have not done so! This is a medium to long term view!","listText":"Buy Apple ID you have not done so! This is a medium to long term view!","text":"Buy Apple ID you have not done so! This is a medium to long term view!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/140773742","repostId":"1101799762","repostType":4,"repost":{"id":"1101799762","pubTimestamp":1625665650,"share":"https://ttm.financial/m/news/1101799762?lang=&edition=fundamental","pubTime":"2021-07-07 21:47","market":"us","language":"en","title":"Apple Shares Gain on Samsung Profit Forecast, Treasury Bond Yield Retreat","url":"https://stock-news.laohu8.com/highlight/detail?id=1101799762","media":"Thestreet","summary":"Apple Inc. (AAPL)  shares moved higher Wednesday, and open within touching distance of the stock's J","content":"<p>Apple Inc.&nbsp;(<b>AAPL</b>) &nbsp;shares moved higher Wednesday, and&nbsp;open within touching distance of the stock's January all-time peak, following a pullback in Treasury bond yields and a bullish profit outlook at rival Samsung.</p>\n<p>South Korea-based Samsung, the world's biggest chipmaker, said June quarter profits are likely to rise by 53% from last year to 12.5 trillion won ($11 billion) with analysts betting that an increase in semiconductor shipments, as well as stronger prices for memory chips, will offset a slowdown in handset sales.</p>\n<p>Samsung's flash memory and DRAM chips are important components in Apple's global supply chain.</p>\n<p>Apple was also supported by a $5 price target boost from JPMorgan, which carries an overweight rating on the tech giant, to $170.00 per share. Analyst Samik Chatterjee said that while Apple shares have underperformed \"significantly\" this year, resilient iPhone 12 volumes, as well as historical gains linked to September launch events, are providing upside support for the shares heading into the summer months.</p>\n<p>\"The upside pressure on volumes for the iPhone 12 series, historical outperformance in the July-September time period heading into launch event, and further catalysts in relation to outperformance for iPhone 13 volumes relative to lowered investor expectations implies a very attractive set up for the shares in the second half of the year,\" Chatterjee said.</p>\n<p>\"As we look forward to the next three to six months, we see the shares set up for a strong outperformance, similar to the trends in previous years, but likely with stronger momentum on two key reasons,\" Chatterjee said, noting \"upside pressure to the current generation iPhone 12 product cycle, led by recent momentum and share gains in key geographies, including China\" and \"low expectations going into the iPhone 13 product cycle, which will likely drive an outperformance to expectations.\"</p>\n<p>Apple shares were marked 0.5% higher in pre-market trading Wednesday to indicate an opening bell price of $142.73&nbsp;each, supported in part by a pullback in Treasury bond yields to 1.343%, the lowest since early February.&nbsp;Apple hit a post-split high of $145.09 each on January 25.</p>\n<p>Apple is set to report its third quarter earnings on July 27, with CFO Luca Maestri cautioning investors in late April that the group is likely to experience a \"steeper than usual\" sequential revenue decline thanks in part to supply constraints linked to the global semiconductor shortage following Street-blasting sales of nearly $90 billion for the three months ending in March.</p>\n<p>Apple said iPhone revenues rose 65% from last year to $47.94 billion, well ahead of the $41.7 billion Street forecast, thanks to what CEO Tim Cook called \"strong demand for the iPhone 12 family\".</p>\n<p>Greater China revenues, Apple said, rose 88% from last year's pandemic trough to $17.728 billion, while overall services revenues rose 26.6% to $16.9 billion.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Shares Gain on Samsung Profit Forecast, Treasury Bond Yield Retreat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Shares Gain on Samsung Profit Forecast, Treasury Bond Yield Retreat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 21:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/apple-gains-on-samsung-profit-forecast-treasury-yield-retreat><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple Inc. (AAPL)  shares moved higher Wednesday, and open within touching distance of the stock's January all-time peak, following a pullback in Treasury bond yields and a bullish profit outlook at ...</p>\n\n<a href=\"https://www.thestreet.com/investing/apple-gains-on-samsung-profit-forecast-treasury-yield-retreat\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/investing/apple-gains-on-samsung-profit-forecast-treasury-yield-retreat","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101799762","content_text":"Apple Inc. (AAPL)  shares moved higher Wednesday, and open within touching distance of the stock's January all-time peak, following a pullback in Treasury bond yields and a bullish profit outlook at rival Samsung.\nSouth Korea-based Samsung, the world's biggest chipmaker, said June quarter profits are likely to rise by 53% from last year to 12.5 trillion won ($11 billion) with analysts betting that an increase in semiconductor shipments, as well as stronger prices for memory chips, will offset a slowdown in handset sales.\nSamsung's flash memory and DRAM chips are important components in Apple's global supply chain.\nApple was also supported by a $5 price target boost from JPMorgan, which carries an overweight rating on the tech giant, to $170.00 per share. Analyst Samik Chatterjee said that while Apple shares have underperformed \"significantly\" this year, resilient iPhone 12 volumes, as well as historical gains linked to September launch events, are providing upside support for the shares heading into the summer months.\n\"The upside pressure on volumes for the iPhone 12 series, historical outperformance in the July-September time period heading into launch event, and further catalysts in relation to outperformance for iPhone 13 volumes relative to lowered investor expectations implies a very attractive set up for the shares in the second half of the year,\" Chatterjee said.\n\"As we look forward to the next three to six months, we see the shares set up for a strong outperformance, similar to the trends in previous years, but likely with stronger momentum on two key reasons,\" Chatterjee said, noting \"upside pressure to the current generation iPhone 12 product cycle, led by recent momentum and share gains in key geographies, including China\" and \"low expectations going into the iPhone 13 product cycle, which will likely drive an outperformance to expectations.\"\nApple shares were marked 0.5% higher in pre-market trading Wednesday to indicate an opening bell price of $142.73 each, supported in part by a pullback in Treasury bond yields to 1.343%, the lowest since early February. Apple hit a post-split high of $145.09 each on January 25.\nApple is set to report its third quarter earnings on July 27, with CFO Luca Maestri cautioning investors in late April that the group is likely to experience a \"steeper than usual\" sequential revenue decline thanks in part to supply constraints linked to the global semiconductor shortage following Street-blasting sales of nearly $90 billion for the three months ending in March.\nApple said iPhone revenues rose 65% from last year to $47.94 billion, well ahead of the $41.7 billion Street forecast, thanks to what CEO Tim Cook called \"strong demand for the iPhone 12 family\".\nGreater China revenues, Apple said, rose 88% from last year's pandemic trough to $17.728 billion, while overall services revenues rose 26.6% to $16.9 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9087476608,"gmtCreate":1651047006776,"gmtModify":1676534840364,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Consumer spending&nbsp;","listText":"Consumer spending&nbsp;","text":"Consumer spending","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9087476608","repostId":"1143890184","repostType":4,"repost":{"id":"1143890184","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":1651046734,"share":"https://ttm.financial/m/news/1143890184?lang=&edition=fundamental","pubTime":"2022-04-27 16:05","market":"us","language":"en","title":"Visa Shares Jumped 4% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1143890184","media":"Tiger Newspress","summary":"Visa Inc.'s March quarter results beat Wall Street targets, reflecting growth in payments volume and","content":"<html><head></head><body><p>Visa Inc.&#39;s March quarter results beat Wall Street targets, reflecting growth in payments volume and transactions, including the more lucrative cross-border transactions. Visa shares jumped 4% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/38d90a5a2eff69ffc812060343e90bbe\" tg-width=\"843\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>The San Francisco-based company, the largest U.S. card network, reported second-quarter profit rose to $3.65 billion, or $1.70 a Class A share, from $3.03 billion, or $1.38 a share a year earlier.</p><p>Net revenue rose to $7.19 billion from $5.73 billion a year earlier.</p><p>Analysts surveyed by FactSet expected $1.66 a share on $6.83 billion of revenue.</p><p>Client incentives rose 25% to $2.49 billion, above analysts&#39; expected $2.43 billion.</p><p>Service revenues, which are based on payment volume from the preceding quarter, rose 24% to $3.5 billion, the company said.</p><p>International transaction revenue, which is tied to cross-border spending, rose 48% to $2.2 billion.</p><p>Payments volume rose 17% in constant dollars.</p><p>Visa recorded about $60 million in charges during the quarter related to Russia and Ukraine, including about $35 million from the deconsolidation of its Russian subsidiary.</p><p>Russia accounted for about 4% of Visa&#39;s total net revenue in the most recent business year, ended in September, and Ukraine for about 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>Visa Shares Jumped 4% in Premarket 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\">\nVisa Shares Jumped 4% in Premarket 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\">2022-04-27 16:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Visa Inc.&#39;s March quarter results beat Wall Street targets, reflecting growth in payments volume and transactions, including the more lucrative cross-border transactions. Visa shares jumped 4% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/38d90a5a2eff69ffc812060343e90bbe\" tg-width=\"843\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>The San Francisco-based company, the largest U.S. card network, reported second-quarter profit rose to $3.65 billion, or $1.70 a Class A share, from $3.03 billion, or $1.38 a share a year earlier.</p><p>Net revenue rose to $7.19 billion from $5.73 billion a year earlier.</p><p>Analysts surveyed by FactSet expected $1.66 a share on $6.83 billion of revenue.</p><p>Client incentives rose 25% to $2.49 billion, above analysts&#39; expected $2.43 billion.</p><p>Service revenues, which are based on payment volume from the preceding quarter, rose 24% to $3.5 billion, the company said.</p><p>International transaction revenue, which is tied to cross-border spending, rose 48% to $2.2 billion.</p><p>Payments volume rose 17% in constant dollars.</p><p>Visa recorded about $60 million in charges during the quarter related to Russia and Ukraine, including about $35 million from the deconsolidation of its Russian subsidiary.</p><p>Russia accounted for about 4% of Visa&#39;s total net revenue in the most recent business year, ended in September, and Ukraine for about 1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"V":"Visa"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143890184","content_text":"Visa Inc.'s March quarter results beat Wall Street targets, reflecting growth in payments volume and transactions, including the more lucrative cross-border transactions. Visa shares jumped 4% in premarket trading.The San Francisco-based company, the largest U.S. card network, reported second-quarter profit rose to $3.65 billion, or $1.70 a Class A share, from $3.03 billion, or $1.38 a share a year earlier.Net revenue rose to $7.19 billion from $5.73 billion a year earlier.Analysts surveyed by FactSet expected $1.66 a share on $6.83 billion of revenue.Client incentives rose 25% to $2.49 billion, above analysts' expected $2.43 billion.Service revenues, which are based on payment volume from the preceding quarter, rose 24% to $3.5 billion, the company said.International transaction revenue, which is tied to cross-border spending, rose 48% to $2.2 billion.Payments volume rose 17% in constant dollars.Visa recorded about $60 million in charges during the quarter related to Russia and Ukraine, including about $35 million from the deconsolidation of its Russian subsidiary.Russia accounted for about 4% of Visa's total net revenue in the most recent business year, ended in September, and Ukraine for about 1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034431035,"gmtCreate":1647938334511,"gmtModify":1676534282428,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Good news finally!","listText":"Good news finally!","text":"Good news finally!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034431035","repostId":"1159494411","repostType":2,"repost":{"id":"1159494411","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":1647936616,"share":"https://ttm.financial/m/news/1159494411?lang=&edition=fundamental","pubTime":"2022-03-22 16:10","market":"us","language":"en","title":"Hot Chinese ADRs Rebounded in Premarket Trading,with Alibaba Jumping Nearly 9% and Pinduoduo Rising over 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1159494411","media":"Tiger Newspress","summary":"Hot Chinese ADRs rebounded in premarket trading, with Alibaba jumping nearly 9% and Pinduoduo rising","content":"<html><head></head><body><p>Hot Chinese ADRs rebounded in premarket trading, with Alibaba jumping nearly 9% and Pinduoduo rising over 7%.<img src=\"https://static.tigerbbs.com/aab6afa2ac58fcb5a2196129b9c719ac\" tg-width=\"310\" tg-height=\"472\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Chinese ADRs Rebounded in Premarket Trading,with Alibaba Jumping Nearly 9% and Pinduoduo Rising over 7%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Chinese ADRs Rebounded in Premarket Trading,with Alibaba Jumping Nearly 9% and Pinduoduo Rising over 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-03-22 16:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs rebounded in premarket trading, with Alibaba jumping nearly 9% and Pinduoduo rising over 7%.<img src=\"https://static.tigerbbs.com/aab6afa2ac58fcb5a2196129b9c719ac\" tg-width=\"310\" tg-height=\"472\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多","BABA":"阿里巴巴"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159494411","content_text":"Hot Chinese ADRs rebounded in premarket trading, with Alibaba jumping nearly 9% and Pinduoduo rising over 7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035786959,"gmtCreate":1647684675272,"gmtModify":1676534258533,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"I see","listText":"I see","text":"I see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035786959","repostId":"2220777059","repostType":4,"repost":{"id":"2220777059","pubTimestamp":1647653153,"share":"https://ttm.financial/m/news/2220777059?lang=&edition=fundamental","pubTime":"2022-03-19 09:25","market":"sg","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":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882274228,"gmtCreate":1631702144364,"gmtModify":1676530612765,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Tax payers have to help fund the recovery！[Angry]&nbsp;","listText":"Tax payers have to help fund the recovery！[Angry]&nbsp;","text":"Tax payers have to help fund the recovery！[Angry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/882274228","repostId":"1148341685","repostType":4,"repost":{"id":"1148341685","pubTimestamp":1631660884,"share":"https://ttm.financial/m/news/1148341685?lang=&edition=fundamental","pubTime":"2021-09-15 07:08","market":"us","language":"en","title":"U.S. stocks close lower on worries over recovery, corporate tax hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1148341685","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing","content":"<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p>\n<p>Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p>\n<p>So far this month the S&amp;P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p>\n<p>“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p>\n<p>The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p>\n<p>“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p>\n<p>The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p>\n<p>U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p>\n<p>The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p>\n<p>The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p>\n<p>All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p>\n<p>Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p>\n<p>Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p>\n<p>CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p>\n<p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks close lower on worries over recovery, corporate tax hikes</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\">\nU.S. stocks close lower on worries over recovery, corporate tax hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"content":"Tax payers have to help fund the recovery！[Angry]","text":"Tax payers have to help fund the recovery！[Angry]","html":"Tax payers have to help fund the recovery！[Angry]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911297861,"gmtCreate":1664205963653,"gmtModify":1676537410085,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9911297861","repostId":"1130437507","repostType":2,"repost":{"id":"1130437507","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":1664201633,"share":"https://ttm.financial/m/news/1130437507?lang=&edition=fundamental","pubTime":"2022-09-26 22:13","market":"us","language":"en","title":"Hot Chinese ADRs Gained in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1130437507","media":"Tiger Newspress","summary":"Hot Chinese ADRs Gained in Morning Trading.Alibaba, Baidu, Bilibili, JD.com, Li Auto, NetEase, Nio, ","content":"<html><head></head><body><p>Hot Chinese ADRs Gained in Morning Trading.</p><p>Alibaba, Baidu, Bilibili, JD.com, Li Auto, NetEase, Nio, RLX Technology and XPeng rose between 1% and 6%.<img src=\"https://static.tigerbbs.com/00447fdfd88555bb9598f7d91cf6dd93\" tg-width=\"479\" tg-height=\"585\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Chinese ADRs Gained 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\">\nHot Chinese ADRs Gained 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\">2022-09-26 22:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs Gained in Morning Trading.</p><p>Alibaba, Baidu, Bilibili, JD.com, Li Auto, NetEase, Nio, RLX Technology and XPeng rose between 1% and 6%.<img src=\"https://static.tigerbbs.com/00447fdfd88555bb9598f7d91cf6dd93\" tg-width=\"479\" tg-height=\"585\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","LI":"理想汽车"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130437507","content_text":"Hot Chinese ADRs Gained in Morning Trading.Alibaba, Baidu, Bilibili, JD.com, Li Auto, NetEase, Nio, RLX Technology and XPeng rose between 1% and 6%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9085379412,"gmtCreate":1650665613728,"gmtModify":1676534771351,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Good trend to persist?","listText":"Good trend to persist?","text":"Good trend to persist?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085379412","repostId":"1143525235","repostType":4,"repost":{"id":"1143525235","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":1650640703,"share":"https://ttm.financial/m/news/1143525235?lang=&edition=fundamental","pubTime":"2022-04-22 23:18","market":"us","language":"en","title":"U.S. Stocks Fell Sharply in Morning Trading,Dow Jones Lost Nearly 500 Points While S&P 500 Slid Over 1%","url":"https://stock-news.laohu8.com/highlight/detail?id=1143525235","media":"Tiger Newspress","summary":"U.S. stocks fell sharply in morning trading,Dow Jones lost nearly 500 points while S&P 500, Nasdaq S","content":"<html><head></head><body><p>U.S. stocks fell sharply in morning trading,Dow Jones lost nearly 500 points while S&amp;P 500, Nasdaq Slid 1.22% and 0.71% separately.<img src=\"https://static.tigerbbs.com/c7b21ede3b84dc72ab9bd42c061a49fa\" tg-width=\"515\" tg-height=\"125\" width=\"100%\" height=\"auto\"/></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>U.S. Stocks Fell Sharply in Morning Trading,Dow Jones Lost Nearly 500 Points While S&P 500 Slid Over 1% </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\">\nU.S. Stocks Fell Sharply in Morning Trading,Dow Jones Lost Nearly 500 Points While S&P 500 Slid Over 1% \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\">2022-04-22 23:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks fell sharply in morning trading,Dow Jones lost nearly 500 points while S&amp;P 500, Nasdaq Slid 1.22% and 0.71% separately.<img src=\"https://static.tigerbbs.com/c7b21ede3b84dc72ab9bd42c061a49fa\" tg-width=\"515\" tg-height=\"125\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143525235","content_text":"U.S. stocks fell sharply in morning trading,Dow Jones lost nearly 500 points while S&P 500, Nasdaq Slid 1.22% and 0.71% separately.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9097352585,"gmtCreate":1645351372973,"gmtModify":1676534020905,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Good potential!","listText":"Good potential!","text":"Good potential!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097352585","repostId":"1117918326","repostType":4,"repost":{"id":"1117918326","pubTimestamp":1645317671,"share":"https://ttm.financial/m/news/1117918326?lang=&edition=fundamental","pubTime":"2022-02-20 08:41","market":"us","language":"en","title":"3 Stocks That Could Be Worth More Than Apple by 2035","url":"https://stock-news.laohu8.com/highlight/detail?id=1117918326","media":"Motley Fool","summary":"Apple leads the market cap race with $2.8 trillion in valuation.","content":"<html><head></head><body><p><b>Key Points</b></p><ul><li>Amazon and Tesla command the fourth- and fifth-largest market caps, respectively, but they have a lot of growth left to conquer in the coming years.</li><li>Shopify is much smaller than Amazon or Tesla, but its unique e-commerce platform could make it globally dominant in a world where more and more people are working for themselves or dreaming up a side hustle.</li><li>Apple wasn&#39;t on top of the market cap hill 13 years ago. It shouldn&#39;t surprise anyone if it&#39;s not on top 13 years from now.</li></ul><p><b>Apple</b> (NASDAQ:AAPL) is a beast, and nobody is going to topple it from the king of the market cap hill anytime soon. Apple&#39;s $2.8 billion valuation is dominant right now, but the class act of Cupertino probably won&#39;t be on top forever. Go out 13 years and it wouldn&#39;t be a surprise to see someone else in that spot. Who can it be?</p><p>I think <b>Amazon</b> (NASDAQ:AMZN), <b>Tesla Motors</b> (NASDAQ:TSLA), and <b>Shopify</b> (NYSE:SHOP) have fair shots to inherit the market cap crown from Apple. Let&#39;s see why each of these three already well-known companies can be the most valuable publicly traded company come 2035.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9b0458194138e6515c5ea46da963058\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><b>Amazon.com</b></p><p>If you&#39;re like me, you lean a lot on Amazon these days. There&#39;s e-commerce, local grocery deliveries, namesake consumer electronics, and a growing slate of digital content. With its widely adopted AWS cloud platform, you&#39;re probably doing business with Amazon even when you don&#39;t realize that you&#39;re doing business with Amazon.</p><p>Amazon&#39;s a beast. Net sales rose 22% to $469.8 billion. Apple clocked in with just $365.8 billion on the top line for its fiscal 2021. Naturally, Amazon currently operates a lower-margin business. Apple deserves the better multiple. However, Amazon has been the more consistent grower. Apple&#39;s growth comes in spurts. It comes through with a fiscal year of double-digit growth in net sales, only to march in place the next two years. Really. Look up the pattern over the past decade. Amazon has a more attractive pattern. It has posted double-digit annual growth in net sales for the last two decades.</p><p>Apple has done a great job of building a high-margin services component to its business on top of its innovative premium-priced products. Apple should continue to do well over time, but it&#39;s also easy to see how Amazon&#39;s consistent big steps could make it more valuable by 2035.</p><p><b>Tesla Motors</b></p><p>This pick will be polarizing. Tesla Motors is already the fifth-most-valuable stock by market cap, and there&#39;s no shortage of bears stumped by how every larger automaker by sales volume is trading for less. I&#39;m not one of those bears, and not just because the legacy car builders often have debt-saddled balance sheets and problematic pension obligations.</p><p>Tesla<i>is</i>different. Everyone is hopping on the electric vehicle trend now, but it will be hard to duplicate the proprietary Supercharger network. It will be hard to catch up to the tech at Tesla, where recalls are usually just over-the-air software updates. Speaking of updates, does your car get better every couple of months like a Tesla?</p><p>Apple turned hardware into a gusher of high-margin services, and Tesla has done the same. Tesla owners can pay $12,000 -- or $199 a month -- for full self-driving features that Elon Musk claims will become a reality later this year. Tesla&#39;s growth has been stunning, but the big mistake that bears make is assuming that the earnings potential of every Tesla that rolls off the line is the same as that of its slow-moving rivals&#39; cars.</p><p><b>Shopify</b></p><p>Let&#39;s go shopping for a third candidate to be king of the hill in 2035. Shopify is considerably smaller than Apple. It would have to appreciate 33-fold to catch up to the top dog. Shopify has also proven mortal lately, down 63% from last year&#39;s all-time high. You still don&#39;t want to bet against the fast-growing platform that is making e-commerce a reality for companies and entrepreneurs of all sizes.</p><p>Revenue rose 57% last year, including a 41% year-over-year top-line gain in the fourth-quarter results it posted this week. Guidance was a bit vague, leading investors to brace for slowing growth. However, Shopify&#39;s unique role is worth exploring. One can argue that Amazon also helps folks sell online through its giant marketplace, but Shopify provides professional stand-alone digital storefronts. Shopify also offers seamless integration into the growing number of channels to sell a product, unlike Amazon, which wants the business to go through its namesake destination.</p><p>The gig economy will continue to expand in the coming years, and Shopify will arm the creative and enterprising with instant online stores. Shopify&#39;s stock may be out of favor right now, but it has a long runway to keep thriving as a growth stock for a long time.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks That Could Be Worth More Than Apple by 2035</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks That Could Be Worth More Than Apple by 2035\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-20 08:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/18/3-stocks-that-could-be-worth-more-than-apple-by-20/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key PointsAmazon and Tesla command the fourth- and fifth-largest market caps, respectively, but they have a lot of growth left to conquer in the coming years.Shopify is much smaller than Amazon or ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/18/3-stocks-that-could-be-worth-more-than-apple-by-20/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc","TSLA":"特斯拉","AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2022/02/18/3-stocks-that-could-be-worth-more-than-apple-by-20/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117918326","content_text":"Key PointsAmazon and Tesla command the fourth- and fifth-largest market caps, respectively, but they have a lot of growth left to conquer in the coming years.Shopify is much smaller than Amazon or Tesla, but its unique e-commerce platform could make it globally dominant in a world where more and more people are working for themselves or dreaming up a side hustle.Apple wasn't on top of the market cap hill 13 years ago. It shouldn't surprise anyone if it's not on top 13 years from now.Apple (NASDAQ:AAPL) is a beast, and nobody is going to topple it from the king of the market cap hill anytime soon. Apple's $2.8 billion valuation is dominant right now, but the class act of Cupertino probably won't be on top forever. Go out 13 years and it wouldn't be a surprise to see someone else in that spot. Who can it be?I think Amazon (NASDAQ:AMZN), Tesla Motors (NASDAQ:TSLA), and Shopify (NYSE:SHOP) have fair shots to inherit the market cap crown from Apple. Let's see why each of these three already well-known companies can be the most valuable publicly traded company come 2035.IMAGE SOURCE: GETTY IMAGES.Amazon.comIf you're like me, you lean a lot on Amazon these days. There's e-commerce, local grocery deliveries, namesake consumer electronics, and a growing slate of digital content. With its widely adopted AWS cloud platform, you're probably doing business with Amazon even when you don't realize that you're doing business with Amazon.Amazon's a beast. Net sales rose 22% to $469.8 billion. Apple clocked in with just $365.8 billion on the top line for its fiscal 2021. Naturally, Amazon currently operates a lower-margin business. Apple deserves the better multiple. However, Amazon has been the more consistent grower. Apple's growth comes in spurts. It comes through with a fiscal year of double-digit growth in net sales, only to march in place the next two years. Really. Look up the pattern over the past decade. Amazon has a more attractive pattern. It has posted double-digit annual growth in net sales for the last two decades.Apple has done a great job of building a high-margin services component to its business on top of its innovative premium-priced products. Apple should continue to do well over time, but it's also easy to see how Amazon's consistent big steps could make it more valuable by 2035.Tesla MotorsThis pick will be polarizing. Tesla Motors is already the fifth-most-valuable stock by market cap, and there's no shortage of bears stumped by how every larger automaker by sales volume is trading for less. I'm not one of those bears, and not just because the legacy car builders often have debt-saddled balance sheets and problematic pension obligations.Teslaisdifferent. Everyone is hopping on the electric vehicle trend now, but it will be hard to duplicate the proprietary Supercharger network. It will be hard to catch up to the tech at Tesla, where recalls are usually just over-the-air software updates. Speaking of updates, does your car get better every couple of months like a Tesla?Apple turned hardware into a gusher of high-margin services, and Tesla has done the same. Tesla owners can pay $12,000 -- or $199 a month -- for full self-driving features that Elon Musk claims will become a reality later this year. Tesla's growth has been stunning, but the big mistake that bears make is assuming that the earnings potential of every Tesla that rolls off the line is the same as that of its slow-moving rivals' cars.ShopifyLet's go shopping for a third candidate to be king of the hill in 2035. Shopify is considerably smaller than Apple. It would have to appreciate 33-fold to catch up to the top dog. Shopify has also proven mortal lately, down 63% from last year's all-time high. You still don't want to bet against the fast-growing platform that is making e-commerce a reality for companies and entrepreneurs of all sizes.Revenue rose 57% last year, including a 41% year-over-year top-line gain in the fourth-quarter results it posted this week. Guidance was a bit vague, leading investors to brace for slowing growth. However, Shopify's unique role is worth exploring. One can argue that Amazon also helps folks sell online through its giant marketplace, but Shopify provides professional stand-alone digital storefronts. Shopify also offers seamless integration into the growing number of channels to sell a product, unlike Amazon, which wants the business to go through its namesake destination.The gig economy will continue to expand in the coming years, and Shopify will arm the creative and enterprising with instant online stores. Shopify's stock may be out of favor right now, but it has a long runway to keep thriving as a growth stock for a long time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095733459,"gmtCreate":1644985986734,"gmtModify":1676533983836,"author":{"id":"3585489224255758","authorId":"3585489224255758","name":"GinOng","avatar":"https://static.tigerbbs.com/dbc4f4af938fe9cbc71173da2486f50b","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585489224255758","authorIdStr":"3585489224255758"},"themes":[],"htmlText":"Stamina!","listText":"Stamina!","text":"Stamina!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095733459","repostId":"1114861241","repostType":4,"repost":{"id":"1114861241","pubTimestamp":1644983408,"share":"https://ttm.financial/m/news/1114861241?lang=&edition=fundamental","pubTime":"2022-02-16 11:50","market":"us","language":"en","title":"Apple Is Poised for Big Gains Amid Spring Hardware Launches","url":"https://stock-news.laohu8.com/highlight/detail?id=1114861241","media":"InvestorPlace","summary":"Apple(NASDAQ:AAPL), the most valuable global corporation, is a staple in many portfolios due to many","content":"<html><head></head><body><p><b>Apple</b>(NASDAQ:<b><u>AAPL</u></b>), the most valuable global corporation, is a staple in many portfolios due to many pulling factors. Although not a growth stock in its strictest sense, it is still considered one. And its recent quarterly results are ample proof that AAPL stock is a safe haven that can defy the odds and consistently reward investors.</p><p>The high valuation accorded to the stock is attributable to the“stickiness” of the Apple ecosystem, or its ability to retain users, Loup Funds co-founder Gene Munster said.</p><p>The active iPhone user base has swelled to 1.8 billion, the company said on its December quarter earnings call. The statistic is commendable, as it has come despite macroeconomic headwinds and speaks loudly of the strong demand for Cupertino’s products.</p><p>AAPL Stock Historically Outperforms In 2H</p><p>Historically, Apple stock performs better in the second half of the year. The reason is not hard to guess. The company has its most important hardware launch event of the year in the second half. Moreover, the company has its best sales performance in the December quarter, which encompasses the holiday selling season.</p><p>Here’s how Apple stock fared in each half the calendar years since 2014:</p><p><img src=\"https://static.tigerbbs.com/e658a081e25b1601bd423f41d39a61a9\" tg-width=\"486\" tg-height=\"248\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Source: Chart By: Shanthi Rexaline</p><p>Although there have been outlier years, typically Apple stock has done well in the second half more often than in the first half. The trailing three fiscal years have demonstrated this very clearly. Apple has been riding high on the back of an extended iPhone supercycle. Supercycle is a period of elevated sales for a product.</p><p>The current iPhone supercycle was set in motion by the introduction of the 5G-enabled iPhone 12 lineup in late 2020, and it is expected to extend through 2022.</p><p>December-quarter results reported last month showed that Apple’s iPhone sales jumped 94% quarter-over-quarter to$71.63 billion, or about 58% of the total revenues. On a year-over-year basis, the growth was 9.2%.</p><p>Why Things Can Be Different This Time for AAPL Stock</p><p>This time around, AAPL stock has some key first-half catalysts that can move the needle for the stock.<i>Bloomberg</i> columnist Mark Gurman has suggested that Apple’sfirst hardware event could come as early as March 8. Gurman has track record of predicting Apple events and launches with fairly good accuracy.</p><p>Apple will announce its next-gen iPhone SE, a low-cost, affordable phone, at the event. This first update to the iPhone SE model in two years will add 5G capabilities, an improved camera and a faster processor. An improved iPad with 5G capabilities is also in the pipeline.</p><p>Gurman is bracing for a new Mac armed with in-house Apple chips as well. Apple will also release the next iteration of its operating system – the iOS 15.4, which could come with Face ID support for people wearing masks, Gurman said. He also expects the unveil of a Universal Control that lets Apple customers use a single keypad and track pad across Apple devices.</p><p>Apple’s annual Worldwide Developers Conference will follow in June. The company will likely round off the year with more than one fall hardware launch events, wherein it would release the next-iteration of the iPhone.</p><p>Services Lynchpin For Apple’s Growth</p><p>The emergence of Apple’s Services business as one of the major profit centers has helped the company take seasonality out of its business to some extent. The share of Apple’s total revenue that Services makes up has been increasing over the recent quarters.</p><p>The Services business’s contribution to total revenues topped 20% in the third and fourth quarters of the fiscal year 2021. The share dipped to about 15% in the December quarter, as historically the holiday quarter has heavy weighting toward product sales.</p><p>Another noteworthy aspect about the business is its superior margin profile. Apple’s 10-Q filing shows the gross margin of the Services business stood at 69.7% in FY2021 compared to 35.3% for products.</p><p>The Bottom Line on AAPL Stock</p><p>Cupertino has signaled that component shortages are easing. This will likely remove supply-side bottlenecks, allowing the company to produce enough to meet the robust demand.</p><p>Wedbush analyst Daniel Ives is of the view the underlying growth factors continue to be supportive for tech stocks in 2022. The analyst sees the risk-reward for “front tech stalwarts” such as Apple and <b>Microsoft</b>(NASDAQ:<b><u>MSFT</u></b>) as “compelling … at current levels.”</p><p>Apple’s shares have shed about 3% in the year-to-date period amid macroeconomic worries and the tech sell-off. The correction has made Apple’s stock more attractive in terms of valuation. AAPL stock currently trades at 28.3 times forward earnings, only slightly higher than <b>S&amp;P 500’s</b> 24.56.</p><p>The average analysts’ price target for AAPL stock is $193.02, according to<i>TipRanks</i>. This suggests the stock has about 12% upside from current levels. Given the stock’s recent underperformance and the multiple catalysts that will likely materialize in the coming months, Apple could be ripe for picking.</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>Apple Is Poised for Big Gains Amid Spring Hardware Launches</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 Poised for Big Gains Amid Spring Hardware Launches\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 11:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/02/apple-is-poised-for-big-gains-amid-spring-hardware-launches/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple(NASDAQ:AAPL), the most valuable global corporation, is a staple in many portfolios due to many pulling factors. Although not a growth stock in its strictest sense, it is still considered one. ...</p>\n\n<a href=\"https://investorplace.com/2022/02/apple-is-poised-for-big-gains-amid-spring-hardware-launches/\">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://investorplace.com/2022/02/apple-is-poised-for-big-gains-amid-spring-hardware-launches/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114861241","content_text":"Apple(NASDAQ:AAPL), the most valuable global corporation, is a staple in many portfolios due to many pulling factors. Although not a growth stock in its strictest sense, it is still considered one. And its recent quarterly results are ample proof that AAPL stock is a safe haven that can defy the odds and consistently reward investors.The high valuation accorded to the stock is attributable to the“stickiness” of the Apple ecosystem, or its ability to retain users, Loup Funds co-founder Gene Munster said.The active iPhone user base has swelled to 1.8 billion, the company said on its December quarter earnings call. The statistic is commendable, as it has come despite macroeconomic headwinds and speaks loudly of the strong demand for Cupertino’s products.AAPL Stock Historically Outperforms In 2HHistorically, Apple stock performs better in the second half of the year. The reason is not hard to guess. The company has its most important hardware launch event of the year in the second half. Moreover, the company has its best sales performance in the December quarter, which encompasses the holiday selling season.Here’s how Apple stock fared in each half the calendar years since 2014:Source: Chart By: Shanthi RexalineAlthough there have been outlier years, typically Apple stock has done well in the second half more often than in the first half. The trailing three fiscal years have demonstrated this very clearly. Apple has been riding high on the back of an extended iPhone supercycle. Supercycle is a period of elevated sales for a product.The current iPhone supercycle was set in motion by the introduction of the 5G-enabled iPhone 12 lineup in late 2020, and it is expected to extend through 2022.December-quarter results reported last month showed that Apple’s iPhone sales jumped 94% quarter-over-quarter to$71.63 billion, or about 58% of the total revenues. On a year-over-year basis, the growth was 9.2%.Why Things Can Be Different This Time for AAPL StockThis time around, AAPL stock has some key first-half catalysts that can move the needle for the stock.Bloomberg columnist Mark Gurman has suggested that Apple’sfirst hardware event could come as early as March 8. Gurman has track record of predicting Apple events and launches with fairly good accuracy.Apple will announce its next-gen iPhone SE, a low-cost, affordable phone, at the event. This first update to the iPhone SE model in two years will add 5G capabilities, an improved camera and a faster processor. An improved iPad with 5G capabilities is also in the pipeline.Gurman is bracing for a new Mac armed with in-house Apple chips as well. Apple will also release the next iteration of its operating system – the iOS 15.4, which could come with Face ID support for people wearing masks, Gurman said. He also expects the unveil of a Universal Control that lets Apple customers use a single keypad and track pad across Apple devices.Apple’s annual Worldwide Developers Conference will follow in June. The company will likely round off the year with more than one fall hardware launch events, wherein it would release the next-iteration of the iPhone.Services Lynchpin For Apple’s GrowthThe emergence of Apple’s Services business as one of the major profit centers has helped the company take seasonality out of its business to some extent. The share of Apple’s total revenue that Services makes up has been increasing over the recent quarters.The Services business’s contribution to total revenues topped 20% in the third and fourth quarters of the fiscal year 2021. The share dipped to about 15% in the December quarter, as historically the holiday quarter has heavy weighting toward product sales.Another noteworthy aspect about the business is its superior margin profile. Apple’s 10-Q filing shows the gross margin of the Services business stood at 69.7% in FY2021 compared to 35.3% for products.The Bottom Line on AAPL StockCupertino has signaled that component shortages are easing. This will likely remove supply-side bottlenecks, allowing the company to produce enough to meet the robust demand.Wedbush analyst Daniel Ives is of the view the underlying growth factors continue to be supportive for tech stocks in 2022. The analyst sees the risk-reward for “front tech stalwarts” such as Apple and Microsoft(NASDAQ:MSFT) as “compelling … at current levels.”Apple’s shares have shed about 3% in the year-to-date period amid macroeconomic worries and the tech sell-off. The correction has made Apple’s stock more attractive in terms of valuation. AAPL stock currently trades at 28.3 times forward earnings, only slightly higher than S&P 500’s 24.56.The average analysts’ price target for AAPL stock is $193.02, according toTipRanks. This suggests the stock has about 12% upside from current levels. Given the stock’s recent underperformance and the multiple catalysts that will likely materialize in the coming months, Apple could be ripe for picking.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}