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JackBeast
11-23 00:35
Yea I gave up already. Everything was correct and oversold. But still not getting to It's rightful price. Am guessing the gamblers are all in America's stock.
Alibaba: The Steep Sell-Off Doesn't Make Much Sense
JackBeast
2021-09-02
Small impact
Virgin Galactic shares fell more than 2% in premarket trading
JackBeast
2021-09-22
Thats the correct way. Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.
Facebook overpaid FTC fine as 'quid pro quo' to protect Zuckerberg from liability, shareholders claim
JackBeast
2021-09-09
Why should we hold it in US? Is holding it on Hong Kong market better?
Most of China concepts stocks fell in premarket trading
JackBeast
2022-08-30
Wow
Elon Musk Adds Whistleblower as New Reason to Cancel $44 Billion Twitter Deal
JackBeast
2021-08-30
Alamak
Go to Tiger App to see more news
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I gave up already. Everything was correct and oversold. But still not getting to It's rightful price. Am guessing the gamblers are all in America's stock. ","listText":"Yea I gave up already. Everything was correct and oversold. But still not getting to It's rightful price. Am guessing the gamblers are all in America's stock. ","text":"Yea I gave up already. Everything was correct and oversold. But still not getting to It's rightful price. Am guessing the gamblers are all in America's stock.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373898834329712","repostId":"2485414388","repostType":2,"repost":{"id":"2485414388","pubTimestamp":1732264200,"share":"https://ttm.financial/m/news/2485414388?lang=&edition=fundamental","pubTime":"2024-11-22 16:30","market":"us","language":"en","title":"Alibaba: The Steep Sell-Off Doesn't Make Much Sense","url":"https://stock-news.laohu8.com/highlight/detail?id=2485414388","media":"Seeking Alpha","summary":"Alibaba stock has cratered recently, and buyers fled after the stock hit its peak in October 2024.The early momentum from China's stimulus measures has dissipated. However, has the market taken the sell-off too far?","content":"<html><head></head><body><ul style=\"\"><li><p>Alibaba stock has cratered recently, and buyers fled after the stock hit its peak in October 2024.</p></li><li><p>The early momentum from China's stimulus measures has dissipated. However, has the market taken the sell-off too far?</p></li><li><p>Alibaba's monetization has improved, and its cloud segment has remained profitable.</p></li><li><p>Its international e-commerce business has also performed admirably, demonstrating its ability to rejuvenate growth.</p></li><li><p>I argue why investors who didn't chase the previous surge can consider taking advantage of BABA's recent pessimism.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/462cd3697f83bcec3578c700effe99fc\" alt=\"maybefalse\" title=\"maybefalse\" tg-width=\"750\" tg-height=\"500\"/><span>maybefalse</span></p><h2 id=\"id_3948281850\">Alibaba Stock: Suffering Another Hammering</h2><p>Alibaba Group Holding Limited (NYSE:BABA) investors have endured a hammering recently, as the stock's upward momentum peaked in early October 2024. As a result, the early euphoria in BABA has given way to rationalization over its growth profile, notwithstanding its relatively attractive valuation. In my previous Alibaba article, I underscored my confidence about why China's massive stimulus package has spurred investors to return to boost BABA. However, the failed breakout above its $120 resistance zone has led to intense profit-taking over the past seven weeks, as earlier investors likely rotated out. As a result, the stock has dropped firmly into a bear market, declining more than 25% through this week's lows.</p><p>In Alibaba's fiscal second-quarter earnings release, the improved monetization in its Taobao and Tmall Group helped to stabilize its core e-commerce growth drivers. As a reminder, the e-commerce leader instituted a 0.6% software service fee, benefiting its customer management revenue. Accordingly, CMR accounted for more than 75% of its China commerce retail revenue, up 2% YoY. Hence, it mitigated the weakness in its retail segment's direct sales component, although overall revenue retail growth was flat.</p><p>Therefore, I assess that the significant downside observed over the past couple of months in BABA is likely attributed to lowered optimism on Alibaba's e-commerce growth drivers. Although management expressed confidence in stabilizing its take rates following the implementation of the service fee, further increases seem uncertain, given the intense competitive environment in China's e-commerce market. In addition, it remains to be seen whether the improved purchase momentum from China's 11.11 festival could continue through CY2025, as China's economic and consumer spending recovery has remained uneven.</p><h2 id=\"id_3860084284\">Alibaba: Needs To Diversify Its Earnings Growth Drivers Better</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/575084462c5d1ee834b9997ced1b10a0\" alt=\"Alibaba segment performance (Alibaba filings)\" title=\"Alibaba segment performance (Alibaba filings)\" tg-width=\"640\" tg-height=\"356\"/><span>Alibaba segment performance (Alibaba filings)</span></p><p>As seen above, concentration risks in Alibaba's TTG business are expected to hold back the market's confidence in its recovery prospects. Accordingly, Alibaba's TTG segment delivered an adjusted EBITA of RMB44.6B in FQ2, over and above its consolidated adjusted EBITA of RMB40.6B (after inter-segment adjustments). Therefore, Alibaba's Cloud Intelligence Group is far from gaining sufficient momentum to help diversify Alibaba's earnings risk profile. Although its international business (AIDC) posted a 29% surge in revenue growth, it remains a loss-making business.</p><p>Therefore, I assess that while Alibaba's growth initiatives in its ex-China business have delivered solid momentum, investors are expected to remain cautious about the recovery in its domestic e-commerce business prospects. Despite that, there are sufficient reasons to remain optimistic about Alibaba's overall opportunities. The company has invested significantly to bolster its AI-driven strategy, which is expected to enhance its user engagement and optimize purchase frequencies.</p><p>Hence, it should help stabilize its GMV growth momentum moving ahead. In addition, Alibaba management has telegraphed its confidence in lifting its monetization opportunities while working to scale its international e-commerce business. However, the need for BABA to manage potentially higher execution risks as it continues investing in loss-making businesses outside of its TTG platform could affect near-term investor sentiments. Given the market's tempered optimism on Alibaba's "D" growth grade, it's imperative for the company to demonstrate more resolve in lifting its operating efficiencies to drive profitability accretion.</p><h2 id=\"id_1059796580\">Alibaba: Lowered Estimates Could Intensify Near-Term Volatility</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6eed8463af529cbe118985ac77c78d92\" alt=\"Alibaba estimates (TIKR)\" title=\"Alibaba estimates (TIKR)\" tg-width=\"640\" tg-height=\"384\"/><span>Alibaba estimates (TIKR)</span></p><p>Wall Street's revenue estimates on Alibaba have been downgraded, as analysts parsed the momentum from China's stimulus on its domestic economy. Furthermore, the increased tariffs threat from Trump's return has likely weakened investor sentiments. Despite that, I assess that Alibaba's earnings drivers remain well-anchored in its domestic e-commerce segment. Therefore, I assess that the market could have overstated Alibaba's geopolitical risks.</p><p>In addition, hedge funds have also returned more favorably to holding Chinese equities in their holdings. The relative valuations between the US market and Chinese equities could also drive a market reallocation into leading companies like BABA. Moreover, management indicated that the company still has $22B remaining in its share repurchase authorization, communicating a substantial war chest for significant dip-buying opportunities.</p><h2 id=\"id_2784994552\">BABA Stock: Solid Momentum Suggests Investors Aren't Unduly Worried</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/16b6f94953087c1f429f4a15bc3622de\" alt=\"BABA Quant Grades (Seeking Alpha)\" title=\"BABA Quant Grades (Seeking Alpha)\" tg-width=\"606\" tg-height=\"316\"/><span>BABA Quant Grades (Seeking Alpha)</span></p><p>Consequently, I assess that the market remains relatively optimistic about BABA stock. As seen above, the stock boasts a "B-" momentum grade, corroborating my observation. Coupled with its relatively attractive valuation ("B-" valuation grade), the recent bear market has significantly improved BABA's appeal.</p><p>Notwithstanding my optimism, investors are urged to consider potentially more intense geopolitical headwinds between the US and China as Trump returns in January 2025. These uncertainties could weigh on near-term sentiments, although I believe the market has already priced them in.</p><p>In addition, investors should consider unanticipated headwinds to Alibaba's ex-China growth opportunities if Trump initiates a debilitating trade war. Although the company's core e-commerce growth engine should remain relatively insulated, Alibaba's growth profile could be dampened further, potentially spurring a valuation de-rating. Hence, investors must remain cautious and consider adding progressively to the stock to mitigate unanticipated downside volatility.</p><h2 id=\"id_2003119578\">Is BABA Stock A Buy, Sell, Or Hold?</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3c600f10e0ebc0ad38184e80ccfa7dbd\" alt=\"BABA price chart (weekly, medium-term, adjusted for dividends) (TradingView)\" title=\"BABA price chart (weekly, medium-term, adjusted for dividends) (TradingView)\" tg-width=\"640\" tg-height=\"394\"/><span>BABA price chart (weekly, medium-term, adjusted for dividends) (TradingView)</span></p><p>BABA's momentum has been battered recently but has not reversed decisively into a structural decline. Although the bear market has likely spooked late buyers who bought close to its October 2024 peak, its price action remains bullish.</p><p>As seen above, a series of higher-low price structures remain in play, helping to underpin BABA's uptrend continuation thesis. Therefore, the "vertical" surge observed in its late September 2024 surge has likely been resolved, affording a potentially more attractive entry point for investors who didn't chase.</p><p>However, I've not determined a bullish reversal price action yet, suggesting near-term volatility shouldn't be ruled out. Despite that, BABA's constructive upward momentum is consistent with improved sentiments, as indicated earlier. Furthermore, Alibaba's domestically focused e-commerce earnings profile should help mitigate the uncertainties linked to worsened geopolitical challenges between the US and China.</p><p><em>Rating: Maintain Buy.</em></p><p><em>Important note: Investors are reminded to do their due diligence and not rely on the information provided as financial advice. Consider this article as supplementing your required research. Please always apply independent thinking. Note that the rating is not intended to time a specific entry/exit at the point of writing unless otherwise specified.</em></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>Alibaba: The Steep Sell-Off Doesn't Make Much Sense</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: The Steep Sell-Off Doesn't Make Much Sense\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 16:30 GMT+8 <a href=https://seekingalpha.com/article/4739283-alibaba-the-steep-sell-off-doesnt-make-much-sense><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba stock has cratered recently, and buyers fled after the stock hit its peak in October 2024.The early momentum from China's stimulus measures has dissipated. However, has the market taken the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4739283-alibaba-the-steep-sell-off-doesnt-make-much-sense\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","BK4548":"巴美列捷福持仓","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","BK4565":"NFT概念","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BABA":"阿里巴巴","LU2226246903.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT4\" (HKD) ACC","BK4554":"元宇宙及AR概念","BK4531":"中概回港概念","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0072913022.USD":"UBS (LUX) EQUITY FUND - GREATER CHINA \"P\" (USD) ACC","BK4534":"瑞士信贷持仓","09988":"阿里巴巴-W","BK4585":"ETF&股票定投概念","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","BK4575":"芯片概念","LU0067412154.USD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY \"P\" (USD) ACC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4558":"双十一","BK4587":"ChatGPT概念","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","LU0918141705.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AM\" (HKD) INC","BK4524":"宅经济概念","LU1152091754.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" (HKD) INC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC NC","BK4220":"综合零售","LU1282648689.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AMG\" (USD) INC","BK4527":"明星科技股","BK4538":"云计算","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1152091168.USD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" INC","LU1008478684.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY \"P\" (HKD) ACC","BK4579":"人工智能","LU0797268264.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (HKD) ACC","BK4588":"碎股","BK4526":"热门中概股","LU1046421795.USD":"富达环球科技A-ACC","BK4503":"景林资产持仓","LU0918141887.USD":"安联亚洲实际收益股票基金","BK4505":"高瓴资本持仓","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU1051768304.USD":"贝莱德新兴市场股票收益A6","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","BK4504":"桥水持仓","LU1046422090.SGD":"Fidelity Pacific A-SGD"},"source_url":"https://seekingalpha.com/article/4739283-alibaba-the-steep-sell-off-doesnt-make-much-sense","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2485414388","content_text":"Alibaba stock has cratered recently, and buyers fled after the stock hit its peak in October 2024.The early momentum from China's stimulus measures has dissipated. However, has the market taken the sell-off too far?Alibaba's monetization has improved, and its cloud segment has remained profitable.Its international e-commerce business has also performed admirably, demonstrating its ability to rejuvenate growth.I argue why investors who didn't chase the previous surge can consider taking advantage of BABA's recent pessimism.maybefalseAlibaba Stock: Suffering Another HammeringAlibaba Group Holding Limited (NYSE:BABA) investors have endured a hammering recently, as the stock's upward momentum peaked in early October 2024. As a result, the early euphoria in BABA has given way to rationalization over its growth profile, notwithstanding its relatively attractive valuation. In my previous Alibaba article, I underscored my confidence about why China's massive stimulus package has spurred investors to return to boost BABA. However, the failed breakout above its $120 resistance zone has led to intense profit-taking over the past seven weeks, as earlier investors likely rotated out. As a result, the stock has dropped firmly into a bear market, declining more than 25% through this week's lows.In Alibaba's fiscal second-quarter earnings release, the improved monetization in its Taobao and Tmall Group helped to stabilize its core e-commerce growth drivers. As a reminder, the e-commerce leader instituted a 0.6% software service fee, benefiting its customer management revenue. Accordingly, CMR accounted for more than 75% of its China commerce retail revenue, up 2% YoY. Hence, it mitigated the weakness in its retail segment's direct sales component, although overall revenue retail growth was flat.Therefore, I assess that the significant downside observed over the past couple of months in BABA is likely attributed to lowered optimism on Alibaba's e-commerce growth drivers. Although management expressed confidence in stabilizing its take rates following the implementation of the service fee, further increases seem uncertain, given the intense competitive environment in China's e-commerce market. In addition, it remains to be seen whether the improved purchase momentum from China's 11.11 festival could continue through CY2025, as China's economic and consumer spending recovery has remained uneven.Alibaba: Needs To Diversify Its Earnings Growth Drivers BetterAlibaba segment performance (Alibaba filings)As seen above, concentration risks in Alibaba's TTG business are expected to hold back the market's confidence in its recovery prospects. Accordingly, Alibaba's TTG segment delivered an adjusted EBITA of RMB44.6B in FQ2, over and above its consolidated adjusted EBITA of RMB40.6B (after inter-segment adjustments). Therefore, Alibaba's Cloud Intelligence Group is far from gaining sufficient momentum to help diversify Alibaba's earnings risk profile. Although its international business (AIDC) posted a 29% surge in revenue growth, it remains a loss-making business.Therefore, I assess that while Alibaba's growth initiatives in its ex-China business have delivered solid momentum, investors are expected to remain cautious about the recovery in its domestic e-commerce business prospects. Despite that, there are sufficient reasons to remain optimistic about Alibaba's overall opportunities. The company has invested significantly to bolster its AI-driven strategy, which is expected to enhance its user engagement and optimize purchase frequencies.Hence, it should help stabilize its GMV growth momentum moving ahead. In addition, Alibaba management has telegraphed its confidence in lifting its monetization opportunities while working to scale its international e-commerce business. However, the need for BABA to manage potentially higher execution risks as it continues investing in loss-making businesses outside of its TTG platform could affect near-term investor sentiments. Given the market's tempered optimism on Alibaba's \"D\" growth grade, it's imperative for the company to demonstrate more resolve in lifting its operating efficiencies to drive profitability accretion.Alibaba: Lowered Estimates Could Intensify Near-Term VolatilityAlibaba estimates (TIKR)Wall Street's revenue estimates on Alibaba have been downgraded, as analysts parsed the momentum from China's stimulus on its domestic economy. Furthermore, the increased tariffs threat from Trump's return has likely weakened investor sentiments. Despite that, I assess that Alibaba's earnings drivers remain well-anchored in its domestic e-commerce segment. Therefore, I assess that the market could have overstated Alibaba's geopolitical risks.In addition, hedge funds have also returned more favorably to holding Chinese equities in their holdings. The relative valuations between the US market and Chinese equities could also drive a market reallocation into leading companies like BABA. Moreover, management indicated that the company still has $22B remaining in its share repurchase authorization, communicating a substantial war chest for significant dip-buying opportunities.BABA Stock: Solid Momentum Suggests Investors Aren't Unduly WorriedBABA Quant Grades (Seeking Alpha)Consequently, I assess that the market remains relatively optimistic about BABA stock. As seen above, the stock boasts a \"B-\" momentum grade, corroborating my observation. Coupled with its relatively attractive valuation (\"B-\" valuation grade), the recent bear market has significantly improved BABA's appeal.Notwithstanding my optimism, investors are urged to consider potentially more intense geopolitical headwinds between the US and China as Trump returns in January 2025. These uncertainties could weigh on near-term sentiments, although I believe the market has already priced them in.In addition, investors should consider unanticipated headwinds to Alibaba's ex-China growth opportunities if Trump initiates a debilitating trade war. Although the company's core e-commerce growth engine should remain relatively insulated, Alibaba's growth profile could be dampened further, potentially spurring a valuation de-rating. Hence, investors must remain cautious and consider adding progressively to the stock to mitigate unanticipated downside volatility.Is BABA Stock A Buy, Sell, Or Hold?BABA price chart (weekly, medium-term, adjusted for dividends) (TradingView)BABA's momentum has been battered recently but has not reversed decisively into a structural decline. Although the bear market has likely spooked late buyers who bought close to its October 2024 peak, its price action remains bullish.As seen above, a series of higher-low price structures remain in play, helping to underpin BABA's uptrend continuation thesis. Therefore, the \"vertical\" surge observed in its late September 2024 surge has likely been resolved, affording a potentially more attractive entry point for investors who didn't chase.However, I've not determined a bullish reversal price action yet, suggesting near-term volatility shouldn't be ruled out. Despite that, BABA's constructive upward momentum is consistent with improved sentiments, as indicated earlier. Furthermore, Alibaba's domestically focused e-commerce earnings profile should help mitigate the uncertainties linked to worsened geopolitical challenges between the US and China.Rating: Maintain Buy.Important note: Investors are reminded to do their due diligence and not rely on the information provided as financial advice. Consider this article as supplementing your required research. Please always apply independent thinking. Note that the rating is not intended to time a specific entry/exit at the point of writing unless otherwise specified.","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997712686,"gmtCreate":1661854663347,"gmtModify":1676536591130,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586156816377281","authorIdStr":"3586156816377281"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997712686","repostId":"1111470011","repostType":2,"repost":{"id":"1111470011","pubTimestamp":1661854396,"share":"https://ttm.financial/m/news/1111470011?lang=&edition=fundamental","pubTime":"2022-08-30 18:13","market":"us","language":"en","title":"Elon Musk Adds Whistleblower as New Reason to Cancel $44 Billion Twitter Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1111470011","media":"Bloomberg","summary":"Whistle-blower claimed he raised questions about user dataLawyers for both Musk and Twitter have subpoenaed ZatkoElon MuskPhotographer: Carina Johansen/AFP/Getty ImagesElon Musk has cited the recent a","content":"<html><head></head><body><ul><li>Whistle-blower claimed he raised questions about user data</li><li>Lawyers for both Musk and Twitter have subpoenaed Zatko</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1fe6f11316acee86972109d524d3128b\" tg-width=\"1000\" tg-height=\"750\" width=\"100%\" height=\"auto\"/><span>Elon MuskPhotographer: Carina Johansen/AFP/Getty Images</span></p><p>Elon Musk has cited the recent accusations from a Twitter Inc. whistle-blower as a new reason to terminate the $44 billion takeover of the social media platform.</p><p>Tesla shares rose 2% while Twitter shares fell 3% in premarket trading.</p><p>Peiter Zatko, Twitter’s ex-head of security, claimed he raised questions about severe shortcomings in the social media company’s handling of users’ personal data, including running out-of-date software and that executives had withheld information about breaches and lack of protections for user data.</p><p>In a filing on Tuesday, lawyers on behalf of Musk said the allegations by Zatko, including “egregious deficiencies” in the platform’s defenses against hackers and privacy issues, meant that Twitter had breached the conditions in the merger agreement.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e31dfecdf853fe27052da2b0330fd9db\" tg-width=\"1000\" tg-height=\"688\" width=\"100%\" height=\"auto\"/><span>Peiter ZatkoPhotographer: Matt McClain/The Washington Post/Getty Images</span></p><p>Lawyers for both Musk and Twitter have subpoenaed Zatko, who also said the social-media platform’s officials didn’t know or care to find out how many accounts were spam or robot accounts.</p><p>Musk is seeking testimony from Zatko to bolster his legal argument he can walk away from the Twitter, who sued Musk in July to force him to complete his proposed acquisition. Since then, more than 100 people, banks, funds and other firms have been subpoenaed in the Delaware suit, with a trial scheduled to begin Oct. 17.</p><p>A Twitter spokesperson could not be reached for comment. The company has previously called Zatko’s complaint “a false narrative about Twitter and our privacy and data security practices that is riddled with inconsistencies and inaccuracies and lacks important context.”</p><p>Musk sent a letter in July claiming that the company’s inability to prove how many bots and spam accounts were on its service was a reason to back out of the deal.</p><p>The new findings add to his claim, according to the letter published Tuesday, showing that Twitter is in “material noncompliance” with obligations around data privacy and consumer protection laws and that the company is vulnerable to data center failures and malicious actors.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Adds Whistleblower as New Reason to Cancel $44 Billion Twitter 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\">\nElon Musk Adds Whistleblower as New Reason to Cancel $44 Billion Twitter Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-30 18:13 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-08-30/elon-musk-sends-letter-to-twitter-adding-reasons-to-terminate-deal><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Whistle-blower claimed he raised questions about user dataLawyers for both Musk and Twitter have subpoenaed ZatkoElon MuskPhotographer: Carina Johansen/AFP/Getty ImagesElon Musk has cited the recent ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-30/elon-musk-sends-letter-to-twitter-adding-reasons-to-terminate-deal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-30/elon-musk-sends-letter-to-twitter-adding-reasons-to-terminate-deal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111470011","content_text":"Whistle-blower claimed he raised questions about user dataLawyers for both Musk and Twitter have subpoenaed ZatkoElon MuskPhotographer: Carina Johansen/AFP/Getty ImagesElon Musk has cited the recent accusations from a Twitter Inc. whistle-blower as a new reason to terminate the $44 billion takeover of the social media platform.Tesla shares rose 2% while Twitter shares fell 3% in premarket trading.Peiter Zatko, Twitter’s ex-head of security, claimed he raised questions about severe shortcomings in the social media company’s handling of users’ personal data, including running out-of-date software and that executives had withheld information about breaches and lack of protections for user data.In a filing on Tuesday, lawyers on behalf of Musk said the allegations by Zatko, including “egregious deficiencies” in the platform’s defenses against hackers and privacy issues, meant that Twitter had breached the conditions in the merger agreement.Peiter ZatkoPhotographer: Matt McClain/The Washington Post/Getty ImagesLawyers for both Musk and Twitter have subpoenaed Zatko, who also said the social-media platform’s officials didn’t know or care to find out how many accounts were spam or robot accounts.Musk is seeking testimony from Zatko to bolster his legal argument he can walk away from the Twitter, who sued Musk in July to force him to complete his proposed acquisition. Since then, more than 100 people, banks, funds and other firms have been subpoenaed in the Delaware suit, with a trial scheduled to begin Oct. 17.A Twitter spokesperson could not be reached for comment. The company has previously called Zatko’s complaint “a false narrative about Twitter and our privacy and data security practices that is riddled with inconsistencies and inaccuracies and lacks important context.”Musk sent a letter in July claiming that the company’s inability to prove how many bots and spam accounts were on its service was a reason to back out of the deal.The new findings add to his claim, according to the letter published Tuesday, showing that Twitter is in “material noncompliance” with obligations around data privacy and consumer protection laws and that the company is vulnerable to data center failures and malicious actors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869637513,"gmtCreate":1632278666832,"gmtModify":1676530741968,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586156816377281","authorIdStr":"3586156816377281"},"themes":[],"htmlText":"Thats the correct way. Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.","listText":"Thats the correct way. Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.","text":"Thats the correct way. Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869637513","repostId":"2169658327","repostType":4,"repost":{"id":"2169658327","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1632278040,"share":"https://ttm.financial/m/news/2169658327?lang=&edition=fundamental","pubTime":"2021-09-22 10:34","market":"us","language":"en","title":"Facebook overpaid FTC fine as 'quid pro quo' to protect Zuckerberg from liability, shareholders claim","url":"https://stock-news.laohu8.com/highlight/detail?id=2169658327","media":"Dow Jones","summary":"Lawsuits claim directors protected CEO from being held personally liable for Cambridge Analytica bre","content":"<p>Lawsuits claim directors protected CEO from being held personally liable for Cambridge Analytica breach</p>\n<p>Facebook Inc. overpaid billions of dollars to the Federal Trade Commission as part of an agreement to keep CEO Mark Zuckerberg from being personally sued, shareholders claim in a pair of lawsuits.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> separate groups of Facebook (FB) shareholders filed suit Tuesday, Politico first reported, alleging that Facebook's board approved an over-payment on its settlement with the FTC over the Cambridge Analytica scandal to protect Zuckerberg.</p>\n<p>One of the lawsuits claimed that in early 2019, a draft complaint from the FTC named both Facebook and Zuckerberg as defendants.</p>\n<p>The suit cited minutes from a subsequent Facebook board meeting, and claimed \"Zuckerberg, [COO Sheryl] Sandberg, and other Facebook directors agreed to authorize a multi-billion settlement with the FTC as an express quid pro quo to protect Zuckerberg from being named in the FTC's complaint, made subject to personal liability, or even required to sit for a deposition.\"</p>\n<p>Also read:Facebook to review its practice of separate rules for high-profile users</p>\n<p>In July 2019, Facebook agreed to pay the FTC a record fine of $5 billion to settle the investigation into the Cambridge Analytics data breach.</p>\n<p>The suit was filed on behalf of the Employees' Retirement System of Rhode Island and the City of Warwick (R.I.) Retirement System.</p>\n<p>The second lawsuit also claimed Facebook has failed in its obligation to protect the private data of its users, and alleged that the Cambridge Analytics' data scraping was a \"destined consequence\" of Facebook's business plan.</p>\n<p>Plaintiffs in that suit include the California State Teachers' Retirement System, New York's construction and laborers' Local No. 79 general fund, the City of Birmingham (Ala.) retirement system and Firemen's Retirement System of St. Louis.</p>\n<p>Facebook did not immediately respond for a request for comment Tuesday night.</p>\n<p>Facebook shares have fallen 5% over the past week, following a revelatory series of investigations by the Wall Street Journal, which the company called a collection of \"mischaracterizations.\" But the stock is still up 31% year to date, compared to the S&P 500's 16% gain.</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>Facebook overpaid FTC fine as 'quid pro quo' to protect Zuckerberg from liability, shareholders claim</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\">\nFacebook overpaid FTC fine as 'quid pro quo' to protect Zuckerberg from liability, shareholders claim\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-22 10:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lawsuits claim directors protected CEO from being held personally liable for Cambridge Analytica breach</p>\n<p>Facebook Inc. overpaid billions of dollars to the Federal Trade Commission as part of an agreement to keep CEO Mark Zuckerberg from being personally sued, shareholders claim in a pair of lawsuits.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> separate groups of Facebook (FB) shareholders filed suit Tuesday, Politico first reported, alleging that Facebook's board approved an over-payment on its settlement with the FTC over the Cambridge Analytica scandal to protect Zuckerberg.</p>\n<p>One of the lawsuits claimed that in early 2019, a draft complaint from the FTC named both Facebook and Zuckerberg as defendants.</p>\n<p>The suit cited minutes from a subsequent Facebook board meeting, and claimed \"Zuckerberg, [COO Sheryl] Sandberg, and other Facebook directors agreed to authorize a multi-billion settlement with the FTC as an express quid pro quo to protect Zuckerberg from being named in the FTC's complaint, made subject to personal liability, or even required to sit for a deposition.\"</p>\n<p>Also read:Facebook to review its practice of separate rules for high-profile users</p>\n<p>In July 2019, Facebook agreed to pay the FTC a record fine of $5 billion to settle the investigation into the Cambridge Analytics data breach.</p>\n<p>The suit was filed on behalf of the Employees' Retirement System of Rhode Island and the City of Warwick (R.I.) Retirement System.</p>\n<p>The second lawsuit also claimed Facebook has failed in its obligation to protect the private data of its users, and alleged that the Cambridge Analytics' data scraping was a \"destined consequence\" of Facebook's business plan.</p>\n<p>Plaintiffs in that suit include the California State Teachers' Retirement System, New York's construction and laborers' Local No. 79 general fund, the City of Birmingham (Ala.) retirement system and Firemen's Retirement System of St. Louis.</p>\n<p>Facebook did not immediately respond for a request for comment Tuesday night.</p>\n<p>Facebook shares have fallen 5% over the past week, following a revelatory series of investigations by the Wall Street Journal, which the company called a collection of \"mischaracterizations.\" But the stock is still up 31% year to date, compared to the S&P 500's 16% gain.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169658327","content_text":"Lawsuits claim directors protected CEO from being held personally liable for Cambridge Analytica breach\nFacebook Inc. overpaid billions of dollars to the Federal Trade Commission as part of an agreement to keep CEO Mark Zuckerberg from being personally sued, shareholders claim in a pair of lawsuits.\nTwo separate groups of Facebook (FB) shareholders filed suit Tuesday, Politico first reported, alleging that Facebook's board approved an over-payment on its settlement with the FTC over the Cambridge Analytica scandal to protect Zuckerberg.\nOne of the lawsuits claimed that in early 2019, a draft complaint from the FTC named both Facebook and Zuckerberg as defendants.\nThe suit cited minutes from a subsequent Facebook board meeting, and claimed \"Zuckerberg, [COO Sheryl] Sandberg, and other Facebook directors agreed to authorize a multi-billion settlement with the FTC as an express quid pro quo to protect Zuckerberg from being named in the FTC's complaint, made subject to personal liability, or even required to sit for a deposition.\"\nAlso read:Facebook to review its practice of separate rules for high-profile users\nIn July 2019, Facebook agreed to pay the FTC a record fine of $5 billion to settle the investigation into the Cambridge Analytics data breach.\nThe suit was filed on behalf of the Employees' Retirement System of Rhode Island and the City of Warwick (R.I.) Retirement System.\nThe second lawsuit also claimed Facebook has failed in its obligation to protect the private data of its users, and alleged that the Cambridge Analytics' data scraping was a \"destined consequence\" of Facebook's business plan.\nPlaintiffs in that suit include the California State Teachers' Retirement System, New York's construction and laborers' Local No. 79 general fund, the City of Birmingham (Ala.) retirement system and Firemen's Retirement System of St. Louis.\nFacebook did not immediately respond for a request for comment Tuesday night.\nFacebook shares have fallen 5% over the past week, following a revelatory series of investigations by the Wall Street Journal, which the company called a collection of \"mischaracterizations.\" But the stock is still up 31% year to date, compared to the S&P 500's 16% gain.","news_type":1},"isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883002918,"gmtCreate":1631185386934,"gmtModify":1676530490247,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586156816377281","authorIdStr":"3586156816377281"},"themes":[],"htmlText":"Why should we hold it in US? Is holding it on Hong Kong market better?","listText":"Why should we hold it in US? Is holding it on Hong Kong market better?","text":"Why should we hold it in US? Is holding it on Hong Kong market better?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/883002918","repostId":"1176538965","repostType":4,"repost":{"id":"1176538965","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":1631174811,"share":"https://ttm.financial/m/news/1176538965?lang=&edition=fundamental","pubTime":"2021-09-09 16:06","market":"us","language":"en","title":"Most of China concepts stocks fell in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1176538965","media":"Tiger Newspress","summary":"(Sept 9) Most of China concepts stocks fell in premarket trading.","content":"<p>(Sept 9) Most of China concepts stocks fell in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/f1cc6e1e421893d8bebaea0dc552bf76\" tg-width=\"279\" tg-height=\"728\" width=\"100%\" height=\"auto\"></p>\n<p></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>Most of China concepts stocks fell 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; 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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\">\nMost of China concepts stocks fell 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\">2021-09-09 16:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 9) Most of China concepts stocks fell in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/f1cc6e1e421893d8bebaea0dc552bf76\" tg-width=\"279\" tg-height=\"728\" width=\"100%\" height=\"auto\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176538965","content_text":"(Sept 9) Most of China concepts stocks fell in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812807027,"gmtCreate":1630570516569,"gmtModify":1676530343333,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586156816377281","authorIdStr":"3586156816377281"},"themes":[],"htmlText":"Small impact ","listText":"Small impact ","text":"Small impact","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/812807027","repostId":"1117089044","repostType":4,"repost":{"id":"1117089044","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":1630569907,"share":"https://ttm.financial/m/news/1117089044?lang=&edition=fundamental","pubTime":"2021-09-02 16:05","market":"us","language":"en","title":"Virgin Galactic shares fell more than 2% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1117089044","media":"Tiger Newspress","summary":"Virgin Galactic shares fell more than 2% in premarket trading.\nThe U.S. Federal Aviation Administrat","content":"<p>Virgin Galactic shares fell more than 2% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/1b395990443049b36e636697c8f86ae2\" tg-width=\"883\" tg-height=\"594\" referrerpolicy=\"no-referrer\">The U.S. Federal Aviation Administration (FAA) said Wednesday it is investigating a deviation in the descent of the flight of the Virgin Galactic rocket plane that carried British billionaire Richard Branson to the edge of space on July 11.</p>\n<p>The New Yorker magazine earlier reported that the regulator was investigating an off-course descent. An FAA spokesman told Reuters the vehicle \"deviated from its Air Traffic Control clearance as it returned to Spaceport America. The FAA investigation is ongoing.\"</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>Virgin Galactic shares fell more than 2% 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\">\nVirgin Galactic shares fell more than 2% 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\">2021-09-02 16:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Virgin Galactic shares fell more than 2% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/1b395990443049b36e636697c8f86ae2\" tg-width=\"883\" tg-height=\"594\" referrerpolicy=\"no-referrer\">The U.S. Federal Aviation Administration (FAA) said Wednesday it is investigating a deviation in the descent of the flight of the Virgin Galactic rocket plane that carried British billionaire Richard Branson to the edge of space on July 11.</p>\n<p>The New Yorker magazine earlier reported that the regulator was investigating an off-course descent. An FAA spokesman told Reuters the vehicle \"deviated from its Air Traffic Control clearance as it returned to Spaceport America. The FAA investigation is ongoing.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117089044","content_text":"Virgin Galactic shares fell more than 2% in premarket trading.\nThe U.S. Federal Aviation Administration (FAA) said Wednesday it is investigating a deviation in the descent of the flight of the Virgin Galactic rocket plane that carried British billionaire Richard Branson to the edge of space on July 11.\nThe New Yorker magazine earlier reported that the regulator was investigating an off-course descent. An FAA spokesman told Reuters the vehicle \"deviated from its Air Traffic Control clearance as it returned to Spaceport America. The FAA investigation is ongoing.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":788,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811402206,"gmtCreate":1630334420805,"gmtModify":1676530273704,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586156816377281","authorIdStr":"3586156816377281"},"themes":[],"htmlText":"Alamak","listText":"Alamak","text":"Alamak","images":[{"img":"https://static.tigerbbs.com/28a5081807dba68fb2a5bfdbe7fb39a5","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811402206","isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":373898834329712,"gmtCreate":1732293334242,"gmtModify":1732293338246,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586156816377281","authorIdStr":"3586156816377281"},"themes":[],"htmlText":"Yea I gave up already. Everything was correct and oversold. But still not getting to It's rightful price. Am guessing the gamblers are all in America's stock. ","listText":"Yea I gave up already. Everything was correct and oversold. But still not getting to It's rightful price. Am guessing the gamblers are all in America's stock. ","text":"Yea I gave up already. Everything was correct and oversold. But still not getting to It's rightful price. Am guessing the gamblers are all in America's stock.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373898834329712","repostId":"2485414388","repostType":2,"repost":{"id":"2485414388","pubTimestamp":1732264200,"share":"https://ttm.financial/m/news/2485414388?lang=&edition=fundamental","pubTime":"2024-11-22 16:30","market":"us","language":"en","title":"Alibaba: The Steep Sell-Off Doesn't Make Much Sense","url":"https://stock-news.laohu8.com/highlight/detail?id=2485414388","media":"Seeking Alpha","summary":"Alibaba stock has cratered recently, and buyers fled after the stock hit its peak in October 2024.The early momentum from China's stimulus measures has dissipated. However, has the market taken the sell-off too far?","content":"<html><head></head><body><ul style=\"\"><li><p>Alibaba stock has cratered recently, and buyers fled after the stock hit its peak in October 2024.</p></li><li><p>The early momentum from China's stimulus measures has dissipated. However, has the market taken the sell-off too far?</p></li><li><p>Alibaba's monetization has improved, and its cloud segment has remained profitable.</p></li><li><p>Its international e-commerce business has also performed admirably, demonstrating its ability to rejuvenate growth.</p></li><li><p>I argue why investors who didn't chase the previous surge can consider taking advantage of BABA's recent pessimism.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/462cd3697f83bcec3578c700effe99fc\" alt=\"maybefalse\" title=\"maybefalse\" tg-width=\"750\" tg-height=\"500\"/><span>maybefalse</span></p><h2 id=\"id_3948281850\">Alibaba Stock: Suffering Another Hammering</h2><p>Alibaba Group Holding Limited (NYSE:BABA) investors have endured a hammering recently, as the stock's upward momentum peaked in early October 2024. As a result, the early euphoria in BABA has given way to rationalization over its growth profile, notwithstanding its relatively attractive valuation. In my previous Alibaba article, I underscored my confidence about why China's massive stimulus package has spurred investors to return to boost BABA. However, the failed breakout above its $120 resistance zone has led to intense profit-taking over the past seven weeks, as earlier investors likely rotated out. As a result, the stock has dropped firmly into a bear market, declining more than 25% through this week's lows.</p><p>In Alibaba's fiscal second-quarter earnings release, the improved monetization in its Taobao and Tmall Group helped to stabilize its core e-commerce growth drivers. As a reminder, the e-commerce leader instituted a 0.6% software service fee, benefiting its customer management revenue. Accordingly, CMR accounted for more than 75% of its China commerce retail revenue, up 2% YoY. Hence, it mitigated the weakness in its retail segment's direct sales component, although overall revenue retail growth was flat.</p><p>Therefore, I assess that the significant downside observed over the past couple of months in BABA is likely attributed to lowered optimism on Alibaba's e-commerce growth drivers. Although management expressed confidence in stabilizing its take rates following the implementation of the service fee, further increases seem uncertain, given the intense competitive environment in China's e-commerce market. In addition, it remains to be seen whether the improved purchase momentum from China's 11.11 festival could continue through CY2025, as China's economic and consumer spending recovery has remained uneven.</p><h2 id=\"id_3860084284\">Alibaba: Needs To Diversify Its Earnings Growth Drivers Better</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/575084462c5d1ee834b9997ced1b10a0\" alt=\"Alibaba segment performance (Alibaba filings)\" title=\"Alibaba segment performance (Alibaba filings)\" tg-width=\"640\" tg-height=\"356\"/><span>Alibaba segment performance (Alibaba filings)</span></p><p>As seen above, concentration risks in Alibaba's TTG business are expected to hold back the market's confidence in its recovery prospects. Accordingly, Alibaba's TTG segment delivered an adjusted EBITA of RMB44.6B in FQ2, over and above its consolidated adjusted EBITA of RMB40.6B (after inter-segment adjustments). Therefore, Alibaba's Cloud Intelligence Group is far from gaining sufficient momentum to help diversify Alibaba's earnings risk profile. Although its international business (AIDC) posted a 29% surge in revenue growth, it remains a loss-making business.</p><p>Therefore, I assess that while Alibaba's growth initiatives in its ex-China business have delivered solid momentum, investors are expected to remain cautious about the recovery in its domestic e-commerce business prospects. Despite that, there are sufficient reasons to remain optimistic about Alibaba's overall opportunities. The company has invested significantly to bolster its AI-driven strategy, which is expected to enhance its user engagement and optimize purchase frequencies.</p><p>Hence, it should help stabilize its GMV growth momentum moving ahead. In addition, Alibaba management has telegraphed its confidence in lifting its monetization opportunities while working to scale its international e-commerce business. However, the need for BABA to manage potentially higher execution risks as it continues investing in loss-making businesses outside of its TTG platform could affect near-term investor sentiments. Given the market's tempered optimism on Alibaba's "D" growth grade, it's imperative for the company to demonstrate more resolve in lifting its operating efficiencies to drive profitability accretion.</p><h2 id=\"id_1059796580\">Alibaba: Lowered Estimates Could Intensify Near-Term Volatility</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6eed8463af529cbe118985ac77c78d92\" alt=\"Alibaba estimates (TIKR)\" title=\"Alibaba estimates (TIKR)\" tg-width=\"640\" tg-height=\"384\"/><span>Alibaba estimates (TIKR)</span></p><p>Wall Street's revenue estimates on Alibaba have been downgraded, as analysts parsed the momentum from China's stimulus on its domestic economy. Furthermore, the increased tariffs threat from Trump's return has likely weakened investor sentiments. Despite that, I assess that Alibaba's earnings drivers remain well-anchored in its domestic e-commerce segment. Therefore, I assess that the market could have overstated Alibaba's geopolitical risks.</p><p>In addition, hedge funds have also returned more favorably to holding Chinese equities in their holdings. The relative valuations between the US market and Chinese equities could also drive a market reallocation into leading companies like BABA. Moreover, management indicated that the company still has $22B remaining in its share repurchase authorization, communicating a substantial war chest for significant dip-buying opportunities.</p><h2 id=\"id_2784994552\">BABA Stock: Solid Momentum Suggests Investors Aren't Unduly Worried</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/16b6f94953087c1f429f4a15bc3622de\" alt=\"BABA Quant Grades (Seeking Alpha)\" title=\"BABA Quant Grades (Seeking Alpha)\" tg-width=\"606\" tg-height=\"316\"/><span>BABA Quant Grades (Seeking Alpha)</span></p><p>Consequently, I assess that the market remains relatively optimistic about BABA stock. As seen above, the stock boasts a "B-" momentum grade, corroborating my observation. Coupled with its relatively attractive valuation ("B-" valuation grade), the recent bear market has significantly improved BABA's appeal.</p><p>Notwithstanding my optimism, investors are urged to consider potentially more intense geopolitical headwinds between the US and China as Trump returns in January 2025. These uncertainties could weigh on near-term sentiments, although I believe the market has already priced them in.</p><p>In addition, investors should consider unanticipated headwinds to Alibaba's ex-China growth opportunities if Trump initiates a debilitating trade war. Although the company's core e-commerce growth engine should remain relatively insulated, Alibaba's growth profile could be dampened further, potentially spurring a valuation de-rating. Hence, investors must remain cautious and consider adding progressively to the stock to mitigate unanticipated downside volatility.</p><h2 id=\"id_2003119578\">Is BABA Stock A Buy, Sell, Or Hold?</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3c600f10e0ebc0ad38184e80ccfa7dbd\" alt=\"BABA price chart (weekly, medium-term, adjusted for dividends) (TradingView)\" title=\"BABA price chart (weekly, medium-term, adjusted for dividends) (TradingView)\" tg-width=\"640\" tg-height=\"394\"/><span>BABA price chart (weekly, medium-term, adjusted for dividends) (TradingView)</span></p><p>BABA's momentum has been battered recently but has not reversed decisively into a structural decline. Although the bear market has likely spooked late buyers who bought close to its October 2024 peak, its price action remains bullish.</p><p>As seen above, a series of higher-low price structures remain in play, helping to underpin BABA's uptrend continuation thesis. Therefore, the "vertical" surge observed in its late September 2024 surge has likely been resolved, affording a potentially more attractive entry point for investors who didn't chase.</p><p>However, I've not determined a bullish reversal price action yet, suggesting near-term volatility shouldn't be ruled out. Despite that, BABA's constructive upward momentum is consistent with improved sentiments, as indicated earlier. Furthermore, Alibaba's domestically focused e-commerce earnings profile should help mitigate the uncertainties linked to worsened geopolitical challenges between the US and China.</p><p><em>Rating: Maintain Buy.</em></p><p><em>Important note: Investors are reminded to do their due diligence and not rely on the information provided as financial advice. Consider this article as supplementing your required research. Please always apply independent thinking. Note that the rating is not intended to time a specific entry/exit at the point of writing unless otherwise specified.</em></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>Alibaba: The Steep Sell-Off Doesn't Make Much Sense</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: The Steep Sell-Off Doesn't Make Much Sense\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 16:30 GMT+8 <a href=https://seekingalpha.com/article/4739283-alibaba-the-steep-sell-off-doesnt-make-much-sense><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba stock has cratered recently, and buyers fled after the stock hit its peak in October 2024.The early momentum from China's stimulus measures has dissipated. However, has the market taken the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4739283-alibaba-the-steep-sell-off-doesnt-make-much-sense\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","BK4548":"巴美列捷福持仓","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","BK4565":"NFT概念","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BABA":"阿里巴巴","LU2226246903.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT4\" (HKD) ACC","BK4554":"元宇宙及AR概念","BK4531":"中概回港概念","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0072913022.USD":"UBS (LUX) EQUITY FUND - GREATER CHINA \"P\" (USD) ACC","BK4534":"瑞士信贷持仓","09988":"阿里巴巴-W","BK4585":"ETF&股票定投概念","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","BK4575":"芯片概念","LU0067412154.USD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY \"P\" (USD) ACC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4558":"双十一","BK4587":"ChatGPT概念","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","LU0918141705.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AM\" (HKD) INC","BK4524":"宅经济概念","LU1152091754.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" (HKD) INC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC NC","BK4220":"综合零售","LU1282648689.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AMG\" (USD) INC","BK4527":"明星科技股","BK4538":"云计算","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1152091168.USD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" INC","LU1008478684.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY \"P\" (HKD) ACC","BK4579":"人工智能","LU0797268264.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (HKD) ACC","BK4588":"碎股","BK4526":"热门中概股","LU1046421795.USD":"富达环球科技A-ACC","BK4503":"景林资产持仓","LU0918141887.USD":"安联亚洲实际收益股票基金","BK4505":"高瓴资本持仓","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU1051768304.USD":"贝莱德新兴市场股票收益A6","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","BK4504":"桥水持仓","LU1046422090.SGD":"Fidelity Pacific A-SGD"},"source_url":"https://seekingalpha.com/article/4739283-alibaba-the-steep-sell-off-doesnt-make-much-sense","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2485414388","content_text":"Alibaba stock has cratered recently, and buyers fled after the stock hit its peak in October 2024.The early momentum from China's stimulus measures has dissipated. However, has the market taken the sell-off too far?Alibaba's monetization has improved, and its cloud segment has remained profitable.Its international e-commerce business has also performed admirably, demonstrating its ability to rejuvenate growth.I argue why investors who didn't chase the previous surge can consider taking advantage of BABA's recent pessimism.maybefalseAlibaba Stock: Suffering Another HammeringAlibaba Group Holding Limited (NYSE:BABA) investors have endured a hammering recently, as the stock's upward momentum peaked in early October 2024. As a result, the early euphoria in BABA has given way to rationalization over its growth profile, notwithstanding its relatively attractive valuation. In my previous Alibaba article, I underscored my confidence about why China's massive stimulus package has spurred investors to return to boost BABA. However, the failed breakout above its $120 resistance zone has led to intense profit-taking over the past seven weeks, as earlier investors likely rotated out. As a result, the stock has dropped firmly into a bear market, declining more than 25% through this week's lows.In Alibaba's fiscal second-quarter earnings release, the improved monetization in its Taobao and Tmall Group helped to stabilize its core e-commerce growth drivers. As a reminder, the e-commerce leader instituted a 0.6% software service fee, benefiting its customer management revenue. Accordingly, CMR accounted for more than 75% of its China commerce retail revenue, up 2% YoY. Hence, it mitigated the weakness in its retail segment's direct sales component, although overall revenue retail growth was flat.Therefore, I assess that the significant downside observed over the past couple of months in BABA is likely attributed to lowered optimism on Alibaba's e-commerce growth drivers. Although management expressed confidence in stabilizing its take rates following the implementation of the service fee, further increases seem uncertain, given the intense competitive environment in China's e-commerce market. In addition, it remains to be seen whether the improved purchase momentum from China's 11.11 festival could continue through CY2025, as China's economic and consumer spending recovery has remained uneven.Alibaba: Needs To Diversify Its Earnings Growth Drivers BetterAlibaba segment performance (Alibaba filings)As seen above, concentration risks in Alibaba's TTG business are expected to hold back the market's confidence in its recovery prospects. Accordingly, Alibaba's TTG segment delivered an adjusted EBITA of RMB44.6B in FQ2, over and above its consolidated adjusted EBITA of RMB40.6B (after inter-segment adjustments). Therefore, Alibaba's Cloud Intelligence Group is far from gaining sufficient momentum to help diversify Alibaba's earnings risk profile. Although its international business (AIDC) posted a 29% surge in revenue growth, it remains a loss-making business.Therefore, I assess that while Alibaba's growth initiatives in its ex-China business have delivered solid momentum, investors are expected to remain cautious about the recovery in its domestic e-commerce business prospects. Despite that, there are sufficient reasons to remain optimistic about Alibaba's overall opportunities. The company has invested significantly to bolster its AI-driven strategy, which is expected to enhance its user engagement and optimize purchase frequencies.Hence, it should help stabilize its GMV growth momentum moving ahead. In addition, Alibaba management has telegraphed its confidence in lifting its monetization opportunities while working to scale its international e-commerce business. However, the need for BABA to manage potentially higher execution risks as it continues investing in loss-making businesses outside of its TTG platform could affect near-term investor sentiments. Given the market's tempered optimism on Alibaba's \"D\" growth grade, it's imperative for the company to demonstrate more resolve in lifting its operating efficiencies to drive profitability accretion.Alibaba: Lowered Estimates Could Intensify Near-Term VolatilityAlibaba estimates (TIKR)Wall Street's revenue estimates on Alibaba have been downgraded, as analysts parsed the momentum from China's stimulus on its domestic economy. Furthermore, the increased tariffs threat from Trump's return has likely weakened investor sentiments. Despite that, I assess that Alibaba's earnings drivers remain well-anchored in its domestic e-commerce segment. Therefore, I assess that the market could have overstated Alibaba's geopolitical risks.In addition, hedge funds have also returned more favorably to holding Chinese equities in their holdings. The relative valuations between the US market and Chinese equities could also drive a market reallocation into leading companies like BABA. Moreover, management indicated that the company still has $22B remaining in its share repurchase authorization, communicating a substantial war chest for significant dip-buying opportunities.BABA Stock: Solid Momentum Suggests Investors Aren't Unduly WorriedBABA Quant Grades (Seeking Alpha)Consequently, I assess that the market remains relatively optimistic about BABA stock. As seen above, the stock boasts a \"B-\" momentum grade, corroborating my observation. Coupled with its relatively attractive valuation (\"B-\" valuation grade), the recent bear market has significantly improved BABA's appeal.Notwithstanding my optimism, investors are urged to consider potentially more intense geopolitical headwinds between the US and China as Trump returns in January 2025. These uncertainties could weigh on near-term sentiments, although I believe the market has already priced them in.In addition, investors should consider unanticipated headwinds to Alibaba's ex-China growth opportunities if Trump initiates a debilitating trade war. Although the company's core e-commerce growth engine should remain relatively insulated, Alibaba's growth profile could be dampened further, potentially spurring a valuation de-rating. Hence, investors must remain cautious and consider adding progressively to the stock to mitigate unanticipated downside volatility.Is BABA Stock A Buy, Sell, Or Hold?BABA price chart (weekly, medium-term, adjusted for dividends) (TradingView)BABA's momentum has been battered recently but has not reversed decisively into a structural decline. Although the bear market has likely spooked late buyers who bought close to its October 2024 peak, its price action remains bullish.As seen above, a series of higher-low price structures remain in play, helping to underpin BABA's uptrend continuation thesis. Therefore, the \"vertical\" surge observed in its late September 2024 surge has likely been resolved, affording a potentially more attractive entry point for investors who didn't chase.However, I've not determined a bullish reversal price action yet, suggesting near-term volatility shouldn't be ruled out. Despite that, BABA's constructive upward momentum is consistent with improved sentiments, as indicated earlier. Furthermore, Alibaba's domestically focused e-commerce earnings profile should help mitigate the uncertainties linked to worsened geopolitical challenges between the US and China.Rating: Maintain Buy.Important note: Investors are reminded to do their due diligence and not rely on the information provided as financial advice. Consider this article as supplementing your required research. Please always apply independent thinking. Note that the rating is not intended to time a specific entry/exit at the point of writing unless otherwise specified.","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812807027,"gmtCreate":1630570516569,"gmtModify":1676530343333,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586156816377281","authorIdStr":"3586156816377281"},"themes":[],"htmlText":"Small impact ","listText":"Small impact ","text":"Small impact","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/812807027","repostId":"1117089044","repostType":4,"repost":{"id":"1117089044","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":1630569907,"share":"https://ttm.financial/m/news/1117089044?lang=&edition=fundamental","pubTime":"2021-09-02 16:05","market":"us","language":"en","title":"Virgin Galactic shares fell more than 2% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1117089044","media":"Tiger Newspress","summary":"Virgin Galactic shares fell more than 2% in premarket trading.\nThe U.S. Federal Aviation Administrat","content":"<p>Virgin Galactic shares fell more than 2% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/1b395990443049b36e636697c8f86ae2\" tg-width=\"883\" tg-height=\"594\" referrerpolicy=\"no-referrer\">The U.S. Federal Aviation Administration (FAA) said Wednesday it is investigating a deviation in the descent of the flight of the Virgin Galactic rocket plane that carried British billionaire Richard Branson to the edge of space on July 11.</p>\n<p>The New Yorker magazine earlier reported that the regulator was investigating an off-course descent. An FAA spokesman told Reuters the vehicle \"deviated from its Air Traffic Control clearance as it returned to Spaceport America. The FAA investigation is ongoing.\"</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>Virgin Galactic shares fell more than 2% 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\">\nVirgin Galactic shares fell more than 2% 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\">2021-09-02 16:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Virgin Galactic shares fell more than 2% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/1b395990443049b36e636697c8f86ae2\" tg-width=\"883\" tg-height=\"594\" referrerpolicy=\"no-referrer\">The U.S. Federal Aviation Administration (FAA) said Wednesday it is investigating a deviation in the descent of the flight of the Virgin Galactic rocket plane that carried British billionaire Richard Branson to the edge of space on July 11.</p>\n<p>The New Yorker magazine earlier reported that the regulator was investigating an off-course descent. An FAA spokesman told Reuters the vehicle \"deviated from its Air Traffic Control clearance as it returned to Spaceport America. The FAA investigation is ongoing.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117089044","content_text":"Virgin Galactic shares fell more than 2% in premarket trading.\nThe U.S. Federal Aviation Administration (FAA) said Wednesday it is investigating a deviation in the descent of the flight of the Virgin Galactic rocket plane that carried British billionaire Richard Branson to the edge of space on July 11.\nThe New Yorker magazine earlier reported that the regulator was investigating an off-course descent. An FAA spokesman told Reuters the vehicle \"deviated from its Air Traffic Control clearance as it returned to Spaceport America. The FAA investigation is ongoing.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":788,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869637513,"gmtCreate":1632278666832,"gmtModify":1676530741968,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586156816377281","authorIdStr":"3586156816377281"},"themes":[],"htmlText":"Thats the correct way. Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.","listText":"Thats the correct way. Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.","text":"Thats the correct way. Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869637513","repostId":"2169658327","repostType":4,"repost":{"id":"2169658327","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1632278040,"share":"https://ttm.financial/m/news/2169658327?lang=&edition=fundamental","pubTime":"2021-09-22 10:34","market":"us","language":"en","title":"Facebook overpaid FTC fine as 'quid pro quo' to protect Zuckerberg from liability, shareholders claim","url":"https://stock-news.laohu8.com/highlight/detail?id=2169658327","media":"Dow Jones","summary":"Lawsuits claim directors protected CEO from being held personally liable for Cambridge Analytica bre","content":"<p>Lawsuits claim directors protected CEO from being held personally liable for Cambridge Analytica breach</p>\n<p>Facebook Inc. overpaid billions of dollars to the Federal Trade Commission as part of an agreement to keep CEO Mark Zuckerberg from being personally sued, shareholders claim in a pair of lawsuits.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> separate groups of Facebook (FB) shareholders filed suit Tuesday, Politico first reported, alleging that Facebook's board approved an over-payment on its settlement with the FTC over the Cambridge Analytica scandal to protect Zuckerberg.</p>\n<p>One of the lawsuits claimed that in early 2019, a draft complaint from the FTC named both Facebook and Zuckerberg as defendants.</p>\n<p>The suit cited minutes from a subsequent Facebook board meeting, and claimed \"Zuckerberg, [COO Sheryl] Sandberg, and other Facebook directors agreed to authorize a multi-billion settlement with the FTC as an express quid pro quo to protect Zuckerberg from being named in the FTC's complaint, made subject to personal liability, or even required to sit for a deposition.\"</p>\n<p>Also read:Facebook to review its practice of separate rules for high-profile users</p>\n<p>In July 2019, Facebook agreed to pay the FTC a record fine of $5 billion to settle the investigation into the Cambridge Analytics data breach.</p>\n<p>The suit was filed on behalf of the Employees' Retirement System of Rhode Island and the City of Warwick (R.I.) Retirement System.</p>\n<p>The second lawsuit also claimed Facebook has failed in its obligation to protect the private data of its users, and alleged that the Cambridge Analytics' data scraping was a \"destined consequence\" of Facebook's business plan.</p>\n<p>Plaintiffs in that suit include the California State Teachers' Retirement System, New York's construction and laborers' Local No. 79 general fund, the City of Birmingham (Ala.) retirement system and Firemen's Retirement System of St. Louis.</p>\n<p>Facebook did not immediately respond for a request for comment Tuesday night.</p>\n<p>Facebook shares have fallen 5% over the past week, following a revelatory series of investigations by the Wall Street Journal, which the company called a collection of \"mischaracterizations.\" But the stock is still up 31% year to date, compared to the S&P 500's 16% gain.</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>Facebook overpaid FTC fine as 'quid pro quo' to protect Zuckerberg from liability, shareholders claim</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\">\nFacebook overpaid FTC fine as 'quid pro quo' to protect Zuckerberg from liability, shareholders claim\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-22 10:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lawsuits claim directors protected CEO from being held personally liable for Cambridge Analytica breach</p>\n<p>Facebook Inc. overpaid billions of dollars to the Federal Trade Commission as part of an agreement to keep CEO Mark Zuckerberg from being personally sued, shareholders claim in a pair of lawsuits.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> separate groups of Facebook (FB) shareholders filed suit Tuesday, Politico first reported, alleging that Facebook's board approved an over-payment on its settlement with the FTC over the Cambridge Analytica scandal to protect Zuckerberg.</p>\n<p>One of the lawsuits claimed that in early 2019, a draft complaint from the FTC named both Facebook and Zuckerberg as defendants.</p>\n<p>The suit cited minutes from a subsequent Facebook board meeting, and claimed \"Zuckerberg, [COO Sheryl] Sandberg, and other Facebook directors agreed to authorize a multi-billion settlement with the FTC as an express quid pro quo to protect Zuckerberg from being named in the FTC's complaint, made subject to personal liability, or even required to sit for a deposition.\"</p>\n<p>Also read:Facebook to review its practice of separate rules for high-profile users</p>\n<p>In July 2019, Facebook agreed to pay the FTC a record fine of $5 billion to settle the investigation into the Cambridge Analytics data breach.</p>\n<p>The suit was filed on behalf of the Employees' Retirement System of Rhode Island and the City of Warwick (R.I.) Retirement System.</p>\n<p>The second lawsuit also claimed Facebook has failed in its obligation to protect the private data of its users, and alleged that the Cambridge Analytics' data scraping was a \"destined consequence\" of Facebook's business plan.</p>\n<p>Plaintiffs in that suit include the California State Teachers' Retirement System, New York's construction and laborers' Local No. 79 general fund, the City of Birmingham (Ala.) retirement system and Firemen's Retirement System of St. Louis.</p>\n<p>Facebook did not immediately respond for a request for comment Tuesday night.</p>\n<p>Facebook shares have fallen 5% over the past week, following a revelatory series of investigations by the Wall Street Journal, which the company called a collection of \"mischaracterizations.\" But the stock is still up 31% year to date, compared to the S&P 500's 16% gain.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169658327","content_text":"Lawsuits claim directors protected CEO from being held personally liable for Cambridge Analytica breach\nFacebook Inc. overpaid billions of dollars to the Federal Trade Commission as part of an agreement to keep CEO Mark Zuckerberg from being personally sued, shareholders claim in a pair of lawsuits.\nTwo separate groups of Facebook (FB) shareholders filed suit Tuesday, Politico first reported, alleging that Facebook's board approved an over-payment on its settlement with the FTC over the Cambridge Analytica scandal to protect Zuckerberg.\nOne of the lawsuits claimed that in early 2019, a draft complaint from the FTC named both Facebook and Zuckerberg as defendants.\nThe suit cited minutes from a subsequent Facebook board meeting, and claimed \"Zuckerberg, [COO Sheryl] Sandberg, and other Facebook directors agreed to authorize a multi-billion settlement with the FTC as an express quid pro quo to protect Zuckerberg from being named in the FTC's complaint, made subject to personal liability, or even required to sit for a deposition.\"\nAlso read:Facebook to review its practice of separate rules for high-profile users\nIn July 2019, Facebook agreed to pay the FTC a record fine of $5 billion to settle the investigation into the Cambridge Analytics data breach.\nThe suit was filed on behalf of the Employees' Retirement System of Rhode Island and the City of Warwick (R.I.) Retirement System.\nThe second lawsuit also claimed Facebook has failed in its obligation to protect the private data of its users, and alleged that the Cambridge Analytics' data scraping was a \"destined consequence\" of Facebook's business plan.\nPlaintiffs in that suit include the California State Teachers' Retirement System, New York's construction and laborers' Local No. 79 general fund, the City of Birmingham (Ala.) retirement system and Firemen's Retirement System of St. Louis.\nFacebook did not immediately respond for a request for comment Tuesday night.\nFacebook shares have fallen 5% over the past week, following a revelatory series of investigations by the Wall Street Journal, which the company called a collection of \"mischaracterizations.\" But the stock is still up 31% year to date, compared to the S&P 500's 16% gain.","news_type":1},"isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883002918,"gmtCreate":1631185386934,"gmtModify":1676530490247,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586156816377281","authorIdStr":"3586156816377281"},"themes":[],"htmlText":"Why should we hold it in US? Is holding it on Hong Kong market better?","listText":"Why should we hold it in US? Is holding it on Hong Kong market better?","text":"Why should we hold it in US? Is holding it on Hong Kong market better?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/883002918","repostId":"1176538965","repostType":4,"repost":{"id":"1176538965","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":1631174811,"share":"https://ttm.financial/m/news/1176538965?lang=&edition=fundamental","pubTime":"2021-09-09 16:06","market":"us","language":"en","title":"Most of China concepts stocks fell in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1176538965","media":"Tiger Newspress","summary":"(Sept 9) Most of China concepts stocks fell in premarket trading.","content":"<p>(Sept 9) Most of China concepts stocks fell in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/f1cc6e1e421893d8bebaea0dc552bf76\" tg-width=\"279\" tg-height=\"728\" width=\"100%\" height=\"auto\"></p>\n<p></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>Most of China concepts stocks fell 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; 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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\">\nMost of China concepts stocks fell 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\">2021-09-09 16:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 9) Most of China concepts stocks fell in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/f1cc6e1e421893d8bebaea0dc552bf76\" tg-width=\"279\" tg-height=\"728\" width=\"100%\" height=\"auto\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176538965","content_text":"(Sept 9) Most of China concepts stocks fell in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997712686,"gmtCreate":1661854663347,"gmtModify":1676536591130,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586156816377281","authorIdStr":"3586156816377281"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997712686","repostId":"1111470011","repostType":2,"repost":{"id":"1111470011","pubTimestamp":1661854396,"share":"https://ttm.financial/m/news/1111470011?lang=&edition=fundamental","pubTime":"2022-08-30 18:13","market":"us","language":"en","title":"Elon Musk Adds Whistleblower as New Reason to Cancel $44 Billion Twitter Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1111470011","media":"Bloomberg","summary":"Whistle-blower claimed he raised questions about user dataLawyers for both Musk and Twitter have subpoenaed ZatkoElon MuskPhotographer: Carina Johansen/AFP/Getty ImagesElon Musk has cited the recent a","content":"<html><head></head><body><ul><li>Whistle-blower claimed he raised questions about user data</li><li>Lawyers for both Musk and Twitter have subpoenaed Zatko</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1fe6f11316acee86972109d524d3128b\" tg-width=\"1000\" tg-height=\"750\" width=\"100%\" height=\"auto\"/><span>Elon MuskPhotographer: Carina Johansen/AFP/Getty Images</span></p><p>Elon Musk has cited the recent accusations from a Twitter Inc. whistle-blower as a new reason to terminate the $44 billion takeover of the social media platform.</p><p>Tesla shares rose 2% while Twitter shares fell 3% in premarket trading.</p><p>Peiter Zatko, Twitter’s ex-head of security, claimed he raised questions about severe shortcomings in the social media company’s handling of users’ personal data, including running out-of-date software and that executives had withheld information about breaches and lack of protections for user data.</p><p>In a filing on Tuesday, lawyers on behalf of Musk said the allegations by Zatko, including “egregious deficiencies” in the platform’s defenses against hackers and privacy issues, meant that Twitter had breached the conditions in the merger agreement.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e31dfecdf853fe27052da2b0330fd9db\" tg-width=\"1000\" tg-height=\"688\" width=\"100%\" height=\"auto\"/><span>Peiter ZatkoPhotographer: Matt McClain/The Washington Post/Getty Images</span></p><p>Lawyers for both Musk and Twitter have subpoenaed Zatko, who also said the social-media platform’s officials didn’t know or care to find out how many accounts were spam or robot accounts.</p><p>Musk is seeking testimony from Zatko to bolster his legal argument he can walk away from the Twitter, who sued Musk in July to force him to complete his proposed acquisition. Since then, more than 100 people, banks, funds and other firms have been subpoenaed in the Delaware suit, with a trial scheduled to begin Oct. 17.</p><p>A Twitter spokesperson could not be reached for comment. The company has previously called Zatko’s complaint “a false narrative about Twitter and our privacy and data security practices that is riddled with inconsistencies and inaccuracies and lacks important context.”</p><p>Musk sent a letter in July claiming that the company’s inability to prove how many bots and spam accounts were on its service was a reason to back out of the deal.</p><p>The new findings add to his claim, according to the letter published Tuesday, showing that Twitter is in “material noncompliance” with obligations around data privacy and consumer protection laws and that the company is vulnerable to data center failures and malicious actors.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Adds Whistleblower as New Reason to Cancel $44 Billion Twitter 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\">\nElon Musk Adds Whistleblower as New Reason to Cancel $44 Billion Twitter Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-30 18:13 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-08-30/elon-musk-sends-letter-to-twitter-adding-reasons-to-terminate-deal><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Whistle-blower claimed he raised questions about user dataLawyers for both Musk and Twitter have subpoenaed ZatkoElon MuskPhotographer: Carina Johansen/AFP/Getty ImagesElon Musk has cited the recent ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-30/elon-musk-sends-letter-to-twitter-adding-reasons-to-terminate-deal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-30/elon-musk-sends-letter-to-twitter-adding-reasons-to-terminate-deal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111470011","content_text":"Whistle-blower claimed he raised questions about user dataLawyers for both Musk and Twitter have subpoenaed ZatkoElon MuskPhotographer: Carina Johansen/AFP/Getty ImagesElon Musk has cited the recent accusations from a Twitter Inc. whistle-blower as a new reason to terminate the $44 billion takeover of the social media platform.Tesla shares rose 2% while Twitter shares fell 3% in premarket trading.Peiter Zatko, Twitter’s ex-head of security, claimed he raised questions about severe shortcomings in the social media company’s handling of users’ personal data, including running out-of-date software and that executives had withheld information about breaches and lack of protections for user data.In a filing on Tuesday, lawyers on behalf of Musk said the allegations by Zatko, including “egregious deficiencies” in the platform’s defenses against hackers and privacy issues, meant that Twitter had breached the conditions in the merger agreement.Peiter ZatkoPhotographer: Matt McClain/The Washington Post/Getty ImagesLawyers for both Musk and Twitter have subpoenaed Zatko, who also said the social-media platform’s officials didn’t know or care to find out how many accounts were spam or robot accounts.Musk is seeking testimony from Zatko to bolster his legal argument he can walk away from the Twitter, who sued Musk in July to force him to complete his proposed acquisition. Since then, more than 100 people, banks, funds and other firms have been subpoenaed in the Delaware suit, with a trial scheduled to begin Oct. 17.A Twitter spokesperson could not be reached for comment. The company has previously called Zatko’s complaint “a false narrative about Twitter and our privacy and data security practices that is riddled with inconsistencies and inaccuracies and lacks important context.”Musk sent a letter in July claiming that the company’s inability to prove how many bots and spam accounts were on its service was a reason to back out of the deal.The new findings add to his claim, according to the letter published Tuesday, showing that Twitter is in “material noncompliance” with obligations around data privacy and consumer protection laws and that the company is vulnerable to data center failures and malicious actors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811402206,"gmtCreate":1630334420805,"gmtModify":1676530273704,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586156816377281","authorIdStr":"3586156816377281"},"themes":[],"htmlText":"Alamak","listText":"Alamak","text":"Alamak","images":[{"img":"https://static.tigerbbs.com/28a5081807dba68fb2a5bfdbe7fb39a5","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811402206","isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}