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EdmundSan

EdmundSan

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2023-12-13

$TSLA 20231222 230.0 PUT$ wish me luck

2023-10-31

Come n play to win $$

2022-09-21

Good info

@OptionPlus:【Options】The amount of PUT is 10 times that of CALL! Buy Puts?

2022-09-13

K

4 Growth Stocks to Buy and Hold Forever

2022-09-12

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Instagram Stumbles in Push to Mimic TikTok, Internal Documents Show

2022-09-11

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She Was the Best of Us

2022-09-10

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She Was the Best of Us

2022-09-07

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What Is Expected at Apple's "Far Out" Fall Event?

2022-09-06

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U.S. Stocks Rise As Wall Street Looks to Reverse 3-Week Losing Streak

2022-09-03

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September May Bring The S&P 500 Back To Its June Lows

2022-09-02

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August Jobs Report to Provide More Clues on Economy's Direction, Fed's Rate Path

2022-09-01

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@GPLP犀牛财经:【國際評級機構惠譽：預計2030年全球電動車銷量將突破3400萬輛中國是最大市場】9月1日消息，根據國際評級機構惠譽報告預計，到2030年，全球電動車銷量將突破3400萬輛（對應的自2021年起的年複合增長率爲20%），電動車市場份額將達到28%。假設2030年電動車在中國、歐盟和美國新車銷量中的佔比分別爲45%、52%和40%，則中國可能仍將是全球最大的電動車市場，銷量份額爲33%，而歐盟和美國將緊隨其後。（財聯社）

2022-09-01

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"Prepare for an Epic Finale": Jeremy Grantham Warns "Tragedy" Looms as "Superbubble" May Burst

2022-08-28

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Nvidia: Guidance Is A Game-Changer

2022-08-26

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Affirm, Gap, Workday, Ulta Beauty And More: U.S. Stocks to Watch

2022-08-25

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What You Need to Know about Tesla’s Stock Split

2022-08-24

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@经济观察报:南方多地高溫天氣持續川渝地區旱情嚴重部分羣衆飲水困難

2022-08-24

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SPY: Don't Trust The Rise, Trust The Numbers

2022-08-23

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US STOCKS-Wall Street Ends Sharply Lower on Fears of Aggressive Fed

2022-08-22

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Better Bear Market Buy: Apple vs. Microsoft

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href=\"https://ttm.financial/OPT/TSLA 20231222 230.0 PUT\">$TSLA 20231222 230.0 PUT$&nbsp;</a>wish me luck","listText":"<a href=\"https://ttm.financial/OPT/TSLA 20231222 230.0 PUT\">$TSLA 20231222 230.0 PUT$&nbsp;</a>wish me luck","text":"$TSLA 20231222 230.0 PUT$ wish me luck","images":[{"img":"https://community-static.tradeup.com/news/d1716ea285b6b1d3cd68a0ddae7e45c4","width":"696","height":"1122"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/251456162222344","isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":236141403513056,"gmtCreate":1698684522131,"gmtModify":1698684526645,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"Come n play to win $$","listText":"Come n play to win $$","text":"Come n play to win $$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/236141403513056","isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910776773,"gmtCreate":1663694445392,"gmtModify":1676537317191,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"Good info&nbsp;","listText":"Good info&nbsp;","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910776773","repostId":"9910148395","repostType":1,"repost":{"id":9910148395,"gmtCreate":1663584812018,"gmtModify":1676537295706,"author":{"id":"3527667591235607","authorId":"3527667591235607","name":"OptionPlus","avatar":"https://static.tigerbbs.com/e8009c23927adcf8b5e1e1d101178392","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667591235607","authorIdStr":"3527667591235607"},"themes":[],"title":"【Options】The amount of PUT is 10 times that of CALL! Buy Puts?","htmlText":"All eyes on another sizable rate hike from the Fed this week.According to CME Fedwatch tool, financial markets have priced in a 80%probability, 75 basis points increase to the target rate on Wednesday,, and the probability of raising interest rates by 100bp is 20%.Wall Street turned its attention to the final rate of this round of interest rate hikes.According to CME Fedwatch tool, the benchmark interest rate range in March 2023 moved up to 4.25%-4.75%, which is 0.5% up than the market expectation of 3.75%-4.25% before Jackson Hole.Otherwise, Wall Street also take its cue from Fed Chair Jerome Powell’s speech in the aftermath of the event, along with economic projections of U.S. central bank members and the latest dot plot showing each official’s forecast for the central bank's key short-t","listText":"All eyes on another sizable rate hike from the Fed this week.According to CME Fedwatch tool, financial markets have priced in a 80%probability, 75 basis points increase to the target rate on Wednesday,, and the probability of raising interest rates by 100bp is 20%.Wall Street turned its attention to the final rate of this round of interest rate hikes.According to CME Fedwatch tool, the benchmark interest rate range in March 2023 moved up to 4.25%-4.75%, which is 0.5% up than the market expectation of 3.75%-4.25% before Jackson Hole.Otherwise, Wall Street also take its cue from Fed Chair Jerome Powell’s speech in the aftermath of the event, along with economic projections of U.S. central bank members and the latest dot plot showing each official’s forecast for the central bank's key short-t","text":"All eyes on another sizable rate hike from the Fed this week.According to CME Fedwatch tool, financial markets have priced in a 80%probability, 75 basis points increase to the target rate on Wednesday,, and the probability of raising interest rates by 100bp is 20%.Wall Street turned its attention to the final rate of this round of interest rate hikes.According to CME Fedwatch tool, the benchmark interest rate range in March 2023 moved up to 4.25%-4.75%, which is 0.5% up than the market expectation of 3.75%-4.25% before Jackson Hole.Otherwise, Wall Street also take its cue from Fed Chair Jerome Powell’s speech in the aftermath of the event, along with economic projections of U.S. central bank members and the latest dot plot showing each official’s forecast for the central bank's key short-t","images":[{"img":"https://static.tigerbbs.com/e0adfb18f85d4fb7a8bf2462126e5dfe","width":"2208","height":"1382"},{"img":"https://static.tigerbbs.com/8e4065068115feae2389dc8e80450fd2","width":"2190","height":"1290"},{"img":"https://static.tigerbbs.com/03145d03fc343b58ac40639b38837dfc","width":"2196","height":"1410"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910148395","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":586,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935352175,"gmtCreate":1663035957797,"gmtModify":1676537188447,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9935352175","repostId":"2266325053","repostType":4,"repost":{"id":"2266325053","pubTimestamp":1663035105,"share":"https://ttm.financial/m/news/2266325053?lang=&edition=fundamental","pubTime":"2022-09-13 10:11","market":"us","language":"en","title":"4 Growth Stocks to Buy and Hold Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2266325053","media":"Motley Fool","summary":"Buying when these stocks are low could be the investment move of a lifetime.","content":"<html><head></head><body><p>Who doesn&#39;t love a great growth stock? Consider what a $10,000 investment made in <b>Tesla</b> 10 years ago would be worth today: a cool $1.62 million.</p><p>It&#39;s this potential for explosive returns that leads many to include growth stocks in a balanced portfolio. Because you never know which one might turn out to be the next Tesla.</p><p>So let&#39;s look at a few stocks with serious potential: Perhaps not the potential to match Tesla&#39;s insane 16,000% return over 10 years but still stocks worth owning nonetheless.</p><h2>1. <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></h2><p>When it comes to growth stocks worth owning and holding forever, <a href=\"https://laohu8.com/S/MSFT\">Microsoft </a> is near the top of my list. The software giant has diversified in recent years, building a thriving cloud services business, expanding its gaming division, and buying business-networking site LinkedIn.</p><p>The company has an astounding 46% return on equity, operating margins of 42%, and nearly $200 billion in revenue over the last 12 months. Those impressive figures more than justify its price-to-earnings (P/E) ratio of 27.4, which is a good deal higher than the <b>S&amp;P 500</b> average of 20.5.</p><p>Microsoft has long earned a premium from the market -- its five-year average P/E is over 35. Smart investors might use the recent market swoon as an opportunity to load up on one of the world&#39;s premier companies -- before its valuation bounces higher.</p><h2>2. <a href=\"https://laohu8.com/S/SPOT\">Spotify</a></h2><p>After years of decline, music industry revenue has surged to its highest level in more than 20 years. The reason? Music streaming companies like <b>Spotify</b>.</p><p><img src=\"https://static.tigerbbs.com/cfba0c37d379e16f6fcabe26efcf82f4\" tg-width=\"1200\" tg-height=\"1200\" referrerpolicy=\"no-referrer\"/></p><p>While physical and digital music sales have continued to wane, audio streaming has exploded over the last seven years and now accounts for over $15 billion of music industry revenue. Moreover, Spotify isn&#39;t satisfied with just delivering great music to its users. The company has invested in podcasts and audiobooks, landing exclusive deals with celebrities as varied as Joe Rogan and Meghan Markle.</p><p>Operationally, the company is firing on all cylinders. In its most recent quarterly report, Spotify announced a 19% year-over-year increase in daily average users (DAUs) to 433 million and a 14% jump in paid subscribers to 188 million. The company is expanding its international user base, and it specifically called out blistering growth among Gen Z users in Latin America. Just as video streaming disrupted traditional TV and movies, streaming has done the same to audio. Smart investors should take note and load up on Spotify shares now.</p><h2>3. <a href=\"https://laohu8.com/S/RBLX\">Roblox</a></h2><p>My third recommendation is <a href=\"https://laohu8.com/S/RBLX\">Roblox</a>. As I&#39;ve noted before, owning Roblox is one way for investors to participate in the growth of Web3. As the internet continues to evolve, more and more individuals will start to own virtual assets: digital currencies, non-fungible tokens, and many other forms of property.</p><p>Roblox, as the operator of an online metaverse-style gaming network, has a first-mover advantage when it comes to Web3. It has some 58.5 million DAUs. In July alone, its users spent more than 4.7 billion hours exploring its platform. This size and scale, along with the brand loyalty and network effect that results from such a large pool of users, means Roblox has a leg up on other companies that want to &#34;own&#34; the metaverse. Yes, I&#39;m looking at you,<b><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></b>.</p><p>While Meta Platforms is spending billions of dollars to develop its own version of the metaverse, Roblox has already captured the hearts and minds of millions of users, many of them under the age of 18. And while this year has seen Roblox stock tumble as it came up against incredibly difficult year-over-year comparisons to its lockdown-fueled 2021, the company continues to steadily grow its user base.</p><p>In time, those users (and their billions of hours spent on the platform) <i>will be monetized</i>. Investors who are willing to ride out this admittedly volatile name should be rewarded for their patience.</p><h2>4. <a href=\"https://laohu8.com/S/ABNB\">Airbnb</a></h2><p>The fourth stock to buy and hold forever is <a href=\"https://laohu8.com/S/ABNB\">Airbnb</a>. If there&#39;s one thing everyone can agree on, it&#39;s this: After the last two years, it seems everyone has needed a vacation this year. And as the world largely rolled back pandemic restrictions and travel picked up, Airbnb was there to provide a place for eager tourists to stay.</p><p>But the company is so much more than just a play on reopening economies. CEO Brian Chesky made waves when he announced in May of this year that, &#34;The office, as we know it, is over.&#34; Chesky seems to be right on the money. Airbnb has reported that close to half of its bookings are for stays of seven days or more, and 19% are for stays of 28 days or more.</p><p>Airbnb is capitalizing on the new work-from-home reality. And it&#39;s bringing a sense of whimsy to travel by offering exotic accommodations like castles, windmills, caves, and treehouses.</p><p>The analyst community is convinced. Wall Street expects Airbnb to record $8.3 billion in revenue this year, a jump of 38% from 2021. For the following year, it expects revenue to surpass $9.5 billion.</p><p>So for investors looking to add growth to their portfolio, Airbnb is a stock worth adding to their wish list.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Growth Stocks to Buy and Hold Forever</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Growth Stocks to Buy and Hold Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-13 10:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/12/4-growth-stocks-to-buy-and-hold-forever/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Who doesn't love a great growth stock? Consider what a $10,000 investment made in Tesla 10 years ago would be worth today: a cool $1.62 million.It's this potential for explosive returns that leads ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/12/4-growth-stocks-to-buy-and-hold-forever/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎","MSFT":"微软","SPOT":"Spotify Technology S.A.","RBLX":"Roblox Corporation"},"source_url":"https://www.fool.com/investing/2022/09/12/4-growth-stocks-to-buy-and-hold-forever/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266325053","content_text":"Who doesn't love a great growth stock? Consider what a $10,000 investment made in Tesla 10 years ago would be worth today: a cool $1.62 million.It's this potential for explosive returns that leads many to include growth stocks in a balanced portfolio. Because you never know which one might turn out to be the next Tesla.So let's look at a few stocks with serious potential: Perhaps not the potential to match Tesla's insane 16,000% return over 10 years but still stocks worth owning nonetheless.1. MicrosoftWhen it comes to growth stocks worth owning and holding forever, Microsoft  is near the top of my list. The software giant has diversified in recent years, building a thriving cloud services business, expanding its gaming division, and buying business-networking site LinkedIn.The company has an astounding 46% return on equity, operating margins of 42%, and nearly $200 billion in revenue over the last 12 months. Those impressive figures more than justify its price-to-earnings (P/E) ratio of 27.4, which is a good deal higher than the S&P 500 average of 20.5.Microsoft has long earned a premium from the market -- its five-year average P/E is over 35. Smart investors might use the recent market swoon as an opportunity to load up on one of the world's premier companies -- before its valuation bounces higher.2. SpotifyAfter years of decline, music industry revenue has surged to its highest level in more than 20 years. The reason? Music streaming companies like Spotify.While physical and digital music sales have continued to wane, audio streaming has exploded over the last seven years and now accounts for over $15 billion of music industry revenue. Moreover, Spotify isn't satisfied with just delivering great music to its users. The company has invested in podcasts and audiobooks, landing exclusive deals with celebrities as varied as Joe Rogan and Meghan Markle.Operationally, the company is firing on all cylinders. In its most recent quarterly report, Spotify announced a 19% year-over-year increase in daily average users (DAUs) to 433 million and a 14% jump in paid subscribers to 188 million. The company is expanding its international user base, and it specifically called out blistering growth among Gen Z users in Latin America. Just as video streaming disrupted traditional TV and movies, streaming has done the same to audio. Smart investors should take note and load up on Spotify shares now.3. RobloxMy third recommendation is Roblox. As I've noted before, owning Roblox is one way for investors to participate in the growth of Web3. As the internet continues to evolve, more and more individuals will start to own virtual assets: digital currencies, non-fungible tokens, and many other forms of property.Roblox, as the operator of an online metaverse-style gaming network, has a first-mover advantage when it comes to Web3. It has some 58.5 million DAUs. In July alone, its users spent more than 4.7 billion hours exploring its platform. This size and scale, along with the brand loyalty and network effect that results from such a large pool of users, means Roblox has a leg up on other companies that want to \"own\" the metaverse. Yes, I'm looking at you,Meta Platforms.While Meta Platforms is spending billions of dollars to develop its own version of the metaverse, Roblox has already captured the hearts and minds of millions of users, many of them under the age of 18. And while this year has seen Roblox stock tumble as it came up against incredibly difficult year-over-year comparisons to its lockdown-fueled 2021, the company continues to steadily grow its user base.In time, those users (and their billions of hours spent on the platform) will be monetized. Investors who are willing to ride out this admittedly volatile name should be rewarded for their patience.4. AirbnbThe fourth stock to buy and hold forever is Airbnb. If there's one thing everyone can agree on, it's this: After the last two years, it seems everyone has needed a vacation this year. And as the world largely rolled back pandemic restrictions and travel picked up, Airbnb was there to provide a place for eager tourists to stay.But the company is so much more than just a play on reopening economies. CEO Brian Chesky made waves when he announced in May of this year that, \"The office, as we know it, is over.\" Chesky seems to be right on the money. Airbnb has reported that close to half of its bookings are for stays of seven days or more, and 19% are for stays of 28 days or more.Airbnb is capitalizing on the new work-from-home reality. And it's bringing a sense of whimsy to travel by offering exotic accommodations like castles, windmills, caves, and treehouses.The analyst community is convinced. Wall Street expects Airbnb to record $8.3 billion in revenue this year, a jump of 38% from 2021. For the following year, it expects revenue to surpass $9.5 billion.So for investors looking to add growth to their portfolio, Airbnb is a stock worth adding to their wish list.","news_type":1},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932759390,"gmtCreate":1662995382510,"gmtModify":1676537179089,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9932759390","repostId":"2266326133","repostType":4,"repost":{"id":"2266326133","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":1662993275,"share":"https://ttm.financial/m/news/2266326133?lang=&edition=fundamental","pubTime":"2022-09-12 22:34","market":"us","language":"en","title":"Instagram Stumbles in Push to Mimic TikTok, Internal Documents Show","url":"https://stock-news.laohu8.com/highlight/detail?id=2266326133","media":"Dow Jones","summary":"Meta Platforms Inc. Chief Executive Mark Zuckerberg is betting the social-media giant's near-term fu","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. Chief Executive Mark Zuckerberg is betting the social-media giant&#39;s near-term future on Instagram Reels, the short-video feature he is touting as the company&#39;s answer to TikTok.</p><p>The company&#39;s internal research shows that Meta has a lot of catching up to do.</p><p>Instagram users cumulatively are spending 17.6 million hours a day watching Reels, less than one-tenth of the 197.8 million hours TikTok users spend each day on that platform, according to a document reviewed by The Wall Street Journal that summarizes internal Meta research.</p><p>The document, titled &#34;Creators x Reels State of the Union 2022,&#34; was published internally in August. It said that Reels engagement had been falling -- down 13.6% over the previous four weeks -- and that &#34;most Reels users have no engagement whatsoever.&#34;</p><p>One reason is that Instagram has struggled to recruit people to make content. Roughly 11 million creators are on the platform in the U.S., but only about 2.3 million of them, or 20.7%, post on that platform each month, the document said.</p><p>Meta spokeswoman Devi Narasimhan characterized the data about viewing hours as outdated and not global in scope, but declined to disclose other numbers. She said Reels engagement currently is up, on a month-to-month basis.</p><p>&#34;We still have work to do,&#34; she said. &#34;But creators and businesses are seeing promising results, and our monetization growth is faster than we expected as more people are watching, creating and connecting through Reels than ever before.&#34;</p><p>The shift to Reels has taken on urgency following a tough year for the social-media company. In July, Meta reported its first ever decline in revenue, in part because changes made by Apple Inc. to the iPhone&#39;s operating system put a major dent in Meta&#39;s ability to deliver personalized ads. The company also has had trouble retaining teenage users attracted to competitors such as TikTok. As of Friday, Meta&#39;s market value had declined by more than $620 billion since peaking more than a year ago.</p><p>Meta has said that Reels, which was launched in the U.S. in August 2020, accounts for a fifth of the time people spend on Instagram, and that the time users spent engaging with Reels on Instagram and Facebook had risen more than 30% during the second quarter.</p><p>&#34;We&#39;re seeing good promise in the rollout of Reels, good adoption,&#34; Instagram Chief Operating Officer Justin Osofsky said in an interview. &#34;But with that said, we know we also have work to do.&#34;</p><p>He said Reels make up more than half of the content that Instagram users share with each other in private messages. The ease with which users can share Reels with friends differentiates the service from others, he said.</p><p>The internal document showed that nearly one-third of Reels videos are created on another platform, usually TikTok, and include a watermark or border identifying them as such. Meta said it &#34;downranks&#34; these videos, meaning it shows them to smaller audiences to reduce the incentives for those that post them, but they continue to proliferate. For Reels users, the result is that often they are shown videos recycled from another, more popular platform.</p><p>&#34;People have told us they want original high-quality content,&#34; Mr. Osofsky said.</p><p>Landen Purifoy, a 22-year-old creator in Plano, Texas, makes videos for TikTok and other platforms, mostly of him using a device called a talk box to make funny sounds and music. Many of his posts get more than a million views on TikTok.</p><p>This spring, Mr. Purifoy posted the same video across TikTok, YouTube Shorts, Snapchat&#39;s Spotlight and Instagram Reels. The video received millions of views on every platform except Instagram. There, it got less than 100,000.</p><p>&#34;Nobody&#39;s going to make original content for Instagram,&#34; Mr. Purifoy said. &#34;It just doesn&#39;t make any sense.&#34;</p><p>To encourage users like Mr. Purifoy to post more, Meta announced last year that it was launching a fund to pay creators a total of $1 billion by the end of this year. The internal document said that Instagram Reels thus far has paid out $120 million.</p><p>&#34;Meta&#39;s suite of monetization product offerings is largely in-line with competitive offerings, though limited product scale results in fewer paid creators / low % of payouts,&#34; the document said.</p><p>The Meta spokeswoman said this payout number is outdated and doesn&#39;t include separate payments to Facebook creators that the fund also covers.</p><p>TikTok announced its own creators fund in August 2020 that it said would pay out $1 billion over the next three years.</p><p>Meta&#39;s ad business is still a behemoth, generating far more revenue per user than TikTok. In 2021, Facebook and Instagram generated revenue in the U.S. market of $32 billion and more than $21 billion, respectively, compared with $3 billion for TikTok, according to estimates in an August report by Bernstein Research.</p><p>But Meta&#39;s advertising operation faces headwinds, notably from the privacy-related changes from Apple rolled out last year. The company previously said it anticipated a $10 billion hit to revenue this year due to the changes.</p><p>Meta also continues to battle negative perceptions among users, documents show. Meta has long surveyed users about their perceptions of its business, converting their answers into percentage scores. The portion of Instagram users who think the company &#34;cares about&#34; them fell from nearly 70% in 2019 to roughly 20% earlier this summer. On the question of whether the product was &#34;good for the world,&#34; the score fell from more than 60% in 2019 to slightly over 45%.</p><p>The Meta spokeswoman said that didn&#39;t reflect the company&#39;s internal data, but declined to elaborate.</p><p>The company has also been polling users on a separate question that in many ways gets to the heart of the tech giant&#39;s current predicament: &#34;Would you say that Meta&#39;s best days are ahead of it or behind it?&#34; The company declined to disclose how users responded to that question.</p><p>At least some of the issues affecting Meta reflect shifting views about social media more broadly. TikTok and other platforms also have sparked concerns about their unhealthy aspects and effects on young users.</p><p>Other social-media companies have had their business models upended, too. <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>., maker of the popular Snapchat app, said late last month it was laying off 20% of its staff, halting work on several projects and reorganizing its operations.</p><p>Meta, which essentially pioneered social media when Mr. Zuckerberg launched Facebook out of his Harvard dorm in 2004, has long been the industry&#39;s 800-pound gorilla.</p><p>Over the years, the company has been resilient, executing several strategy shifts to address changes in the competitive landscape. In 2012, Mr. Zuckerberg made mobile-first products a priority for Facebook, which was founded for desktop users. Several years later, the company launched disappearing-posts features, starting with Instagram Stories, leading to criticism that it essentially copied one of Snapchat&#39;s features.</p><p>While it took some time for Stories to catch on, both moves ultimately proved prescient, helping the company maintain a dominant position in social media for almost two decades and briefly reach a market value of more than $1 trillion.</p><p>TikTok&#39;s explosion in popularity presents a big challenge. The app, owned by Beijing-based ByteDance Ltd., launched in the U.S. less than five years ago. It has drawn scrutiny and criticism related to its Chinese ownership, but that has done little to stem its popularity.</p><p>TikTok posted a 67% gain in average daily hours spent per user in the U.S. from 2018 to 2021, a growth rate that far exceeded that of its rivals, according to Bernstein&#39;s August report. Facebook and Instagram were up 9% and 11%, respectively, during that period.</p><p>As TikTok has grown, so too has the popularity of short-form video as a format, leading Bernstein Research analysts to write: &#34;The 2020s are the SFV decade.&#34;</p><p>After TikTok soared in popularity amid Covid-19 lockdowns in early 2020, both Meta and YouTube, which is owned by Google, launched short-form video products of their own. Mr. Zuckerberg has touted Reels as the company&#39;s fastest-growing content format, but TikTok has maintained its lead.</p><p>&#34;Creators still think of TikTok as being synonymous with SFV and prioritize it for the broad discoverability it brings them,&#34; said the internal Meta document.</p><p>Meta&#39;s challenges with Reels are significant because the service is central to an effort to reinvent the way the company operates.</p><p>Meta&#39;s products -- first the main Facebook app, then Instagram -- succeeded by showing users content from their friends, family and others they know and choose to follow. TikTok succeeded by doing the opposite, showing users content from accounts recommended by an algorithm that figures out what kind of videos users want based on what they spend time watching. It pushes a feed of content personalized to people&#39;s interests, helping them discover new things they never knew they wanted or would enjoy.</p><p>This summer, Instagram accelerated a push to be more like TikTok by launching a service it internally called Panavision. Like TikTok, it served content, including a hefty dose of Reels, to users from accounts they don&#39;t follow.</p><p>There was a swift backlash from users, including from celebrities Kim Kardashian and Kylie Jenner. Ms. Jenner reposted a card to her Instagram story that said &#34;Make Instagram Instagram again (stop trying to be tiktok i just want to see cute photos of my friends.) Sincerely, everyone.&#34;</p><p>Within days, Instagram said it would reduce the amount of content shown to users from accounts that they don&#39;t already follow, at least for now. But Mr. Zuckerberg and Instagram head Adam Mosseri have made clear that is the direction the company is moving.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Instagram Stumbles in Push to Mimic TikTok, Internal Documents Show</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\">\nInstagram Stumbles in Push to Mimic TikTok, Internal Documents Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-12 22:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. Chief Executive Mark Zuckerberg is betting the social-media giant&#39;s near-term future on Instagram Reels, the short-video feature he is touting as the company&#39;s answer to TikTok.</p><p>The company&#39;s internal research shows that Meta has a lot of catching up to do.</p><p>Instagram users cumulatively are spending 17.6 million hours a day watching Reels, less than one-tenth of the 197.8 million hours TikTok users spend each day on that platform, according to a document reviewed by The Wall Street Journal that summarizes internal Meta research.</p><p>The document, titled &#34;Creators x Reels State of the Union 2022,&#34; was published internally in August. It said that Reels engagement had been falling -- down 13.6% over the previous four weeks -- and that &#34;most Reels users have no engagement whatsoever.&#34;</p><p>One reason is that Instagram has struggled to recruit people to make content. Roughly 11 million creators are on the platform in the U.S., but only about 2.3 million of them, or 20.7%, post on that platform each month, the document said.</p><p>Meta spokeswoman Devi Narasimhan characterized the data about viewing hours as outdated and not global in scope, but declined to disclose other numbers. She said Reels engagement currently is up, on a month-to-month basis.</p><p>&#34;We still have work to do,&#34; she said. &#34;But creators and businesses are seeing promising results, and our monetization growth is faster than we expected as more people are watching, creating and connecting through Reels than ever before.&#34;</p><p>The shift to Reels has taken on urgency following a tough year for the social-media company. In July, Meta reported its first ever decline in revenue, in part because changes made by Apple Inc. to the iPhone&#39;s operating system put a major dent in Meta&#39;s ability to deliver personalized ads. The company also has had trouble retaining teenage users attracted to competitors such as TikTok. As of Friday, Meta&#39;s market value had declined by more than $620 billion since peaking more than a year ago.</p><p>Meta has said that Reels, which was launched in the U.S. in August 2020, accounts for a fifth of the time people spend on Instagram, and that the time users spent engaging with Reels on Instagram and Facebook had risen more than 30% during the second quarter.</p><p>&#34;We&#39;re seeing good promise in the rollout of Reels, good adoption,&#34; Instagram Chief Operating Officer Justin Osofsky said in an interview. &#34;But with that said, we know we also have work to do.&#34;</p><p>He said Reels make up more than half of the content that Instagram users share with each other in private messages. The ease with which users can share Reels with friends differentiates the service from others, he said.</p><p>The internal document showed that nearly one-third of Reels videos are created on another platform, usually TikTok, and include a watermark or border identifying them as such. Meta said it &#34;downranks&#34; these videos, meaning it shows them to smaller audiences to reduce the incentives for those that post them, but they continue to proliferate. For Reels users, the result is that often they are shown videos recycled from another, more popular platform.</p><p>&#34;People have told us they want original high-quality content,&#34; Mr. Osofsky said.</p><p>Landen Purifoy, a 22-year-old creator in Plano, Texas, makes videos for TikTok and other platforms, mostly of him using a device called a talk box to make funny sounds and music. Many of his posts get more than a million views on TikTok.</p><p>This spring, Mr. Purifoy posted the same video across TikTok, YouTube Shorts, Snapchat&#39;s Spotlight and Instagram Reels. The video received millions of views on every platform except Instagram. There, it got less than 100,000.</p><p>&#34;Nobody&#39;s going to make original content for Instagram,&#34; Mr. Purifoy said. &#34;It just doesn&#39;t make any sense.&#34;</p><p>To encourage users like Mr. Purifoy to post more, Meta announced last year that it was launching a fund to pay creators a total of $1 billion by the end of this year. The internal document said that Instagram Reels thus far has paid out $120 million.</p><p>&#34;Meta&#39;s suite of monetization product offerings is largely in-line with competitive offerings, though limited product scale results in fewer paid creators / low % of payouts,&#34; the document said.</p><p>The Meta spokeswoman said this payout number is outdated and doesn&#39;t include separate payments to Facebook creators that the fund also covers.</p><p>TikTok announced its own creators fund in August 2020 that it said would pay out $1 billion over the next three years.</p><p>Meta&#39;s ad business is still a behemoth, generating far more revenue per user than TikTok. In 2021, Facebook and Instagram generated revenue in the U.S. market of $32 billion and more than $21 billion, respectively, compared with $3 billion for TikTok, according to estimates in an August report by Bernstein Research.</p><p>But Meta&#39;s advertising operation faces headwinds, notably from the privacy-related changes from Apple rolled out last year. The company previously said it anticipated a $10 billion hit to revenue this year due to the changes.</p><p>Meta also continues to battle negative perceptions among users, documents show. Meta has long surveyed users about their perceptions of its business, converting their answers into percentage scores. The portion of Instagram users who think the company &#34;cares about&#34; them fell from nearly 70% in 2019 to roughly 20% earlier this summer. On the question of whether the product was &#34;good for the world,&#34; the score fell from more than 60% in 2019 to slightly over 45%.</p><p>The Meta spokeswoman said that didn&#39;t reflect the company&#39;s internal data, but declined to elaborate.</p><p>The company has also been polling users on a separate question that in many ways gets to the heart of the tech giant&#39;s current predicament: &#34;Would you say that Meta&#39;s best days are ahead of it or behind it?&#34; The company declined to disclose how users responded to that question.</p><p>At least some of the issues affecting Meta reflect shifting views about social media more broadly. TikTok and other platforms also have sparked concerns about their unhealthy aspects and effects on young users.</p><p>Other social-media companies have had their business models upended, too. <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>., maker of the popular Snapchat app, said late last month it was laying off 20% of its staff, halting work on several projects and reorganizing its operations.</p><p>Meta, which essentially pioneered social media when Mr. Zuckerberg launched Facebook out of his Harvard dorm in 2004, has long been the industry&#39;s 800-pound gorilla.</p><p>Over the years, the company has been resilient, executing several strategy shifts to address changes in the competitive landscape. In 2012, Mr. Zuckerberg made mobile-first products a priority for Facebook, which was founded for desktop users. Several years later, the company launched disappearing-posts features, starting with Instagram Stories, leading to criticism that it essentially copied one of Snapchat&#39;s features.</p><p>While it took some time for Stories to catch on, both moves ultimately proved prescient, helping the company maintain a dominant position in social media for almost two decades and briefly reach a market value of more than $1 trillion.</p><p>TikTok&#39;s explosion in popularity presents a big challenge. The app, owned by Beijing-based ByteDance Ltd., launched in the U.S. less than five years ago. It has drawn scrutiny and criticism related to its Chinese ownership, but that has done little to stem its popularity.</p><p>TikTok posted a 67% gain in average daily hours spent per user in the U.S. from 2018 to 2021, a growth rate that far exceeded that of its rivals, according to Bernstein&#39;s August report. Facebook and Instagram were up 9% and 11%, respectively, during that period.</p><p>As TikTok has grown, so too has the popularity of short-form video as a format, leading Bernstein Research analysts to write: &#34;The 2020s are the SFV decade.&#34;</p><p>After TikTok soared in popularity amid Covid-19 lockdowns in early 2020, both Meta and YouTube, which is owned by Google, launched short-form video products of their own. Mr. Zuckerberg has touted Reels as the company&#39;s fastest-growing content format, but TikTok has maintained its lead.</p><p>&#34;Creators still think of TikTok as being synonymous with SFV and prioritize it for the broad discoverability it brings them,&#34; said the internal Meta document.</p><p>Meta&#39;s challenges with Reels are significant because the service is central to an effort to reinvent the way the company operates.</p><p>Meta&#39;s products -- first the main Facebook app, then Instagram -- succeeded by showing users content from their friends, family and others they know and choose to follow. TikTok succeeded by doing the opposite, showing users content from accounts recommended by an algorithm that figures out what kind of videos users want based on what they spend time watching. It pushes a feed of content personalized to people&#39;s interests, helping them discover new things they never knew they wanted or would enjoy.</p><p>This summer, Instagram accelerated a push to be more like TikTok by launching a service it internally called Panavision. Like TikTok, it served content, including a hefty dose of Reels, to users from accounts they don&#39;t follow.</p><p>There was a swift backlash from users, including from celebrities Kim Kardashian and Kylie Jenner. Ms. Jenner reposted a card to her Instagram story that said &#34;Make Instagram Instagram again (stop trying to be tiktok i just want to see cute photos of my friends.) Sincerely, everyone.&#34;</p><p>Within days, Instagram said it would reduce the amount of content shown to users from accounts that they don&#39;t already follow, at least for now. But Mr. Zuckerberg and Instagram head Adam Mosseri have made clear that is the direction the company is moving.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266326133","content_text":"Meta Platforms Inc. Chief Executive Mark Zuckerberg is betting the social-media giant's near-term future on Instagram Reels, the short-video feature he is touting as the company's answer to TikTok.The company's internal research shows that Meta has a lot of catching up to do.Instagram users cumulatively are spending 17.6 million hours a day watching Reels, less than one-tenth of the 197.8 million hours TikTok users spend each day on that platform, according to a document reviewed by The Wall Street Journal that summarizes internal Meta research.The document, titled \"Creators x Reels State of the Union 2022,\" was published internally in August. It said that Reels engagement had been falling -- down 13.6% over the previous four weeks -- and that \"most Reels users have no engagement whatsoever.\"One reason is that Instagram has struggled to recruit people to make content. Roughly 11 million creators are on the platform in the U.S., but only about 2.3 million of them, or 20.7%, post on that platform each month, the document said.Meta spokeswoman Devi Narasimhan characterized the data about viewing hours as outdated and not global in scope, but declined to disclose other numbers. She said Reels engagement currently is up, on a month-to-month basis.\"We still have work to do,\" she said. \"But creators and businesses are seeing promising results, and our monetization growth is faster than we expected as more people are watching, creating and connecting through Reels than ever before.\"The shift to Reels has taken on urgency following a tough year for the social-media company. In July, Meta reported its first ever decline in revenue, in part because changes made by Apple Inc. to the iPhone's operating system put a major dent in Meta's ability to deliver personalized ads. The company also has had trouble retaining teenage users attracted to competitors such as TikTok. As of Friday, Meta's market value had declined by more than $620 billion since peaking more than a year ago.Meta has said that Reels, which was launched in the U.S. in August 2020, accounts for a fifth of the time people spend on Instagram, and that the time users spent engaging with Reels on Instagram and Facebook had risen more than 30% during the second quarter.\"We're seeing good promise in the rollout of Reels, good adoption,\" Instagram Chief Operating Officer Justin Osofsky said in an interview. \"But with that said, we know we also have work to do.\"He said Reels make up more than half of the content that Instagram users share with each other in private messages. The ease with which users can share Reels with friends differentiates the service from others, he said.The internal document showed that nearly one-third of Reels videos are created on another platform, usually TikTok, and include a watermark or border identifying them as such. Meta said it \"downranks\" these videos, meaning it shows them to smaller audiences to reduce the incentives for those that post them, but they continue to proliferate. For Reels users, the result is that often they are shown videos recycled from another, more popular platform.\"People have told us they want original high-quality content,\" Mr. Osofsky said.Landen Purifoy, a 22-year-old creator in Plano, Texas, makes videos for TikTok and other platforms, mostly of him using a device called a talk box to make funny sounds and music. Many of his posts get more than a million views on TikTok.This spring, Mr. Purifoy posted the same video across TikTok, YouTube Shorts, Snapchat's Spotlight and Instagram Reels. The video received millions of views on every platform except Instagram. There, it got less than 100,000.\"Nobody's going to make original content for Instagram,\" Mr. Purifoy said. \"It just doesn't make any sense.\"To encourage users like Mr. Purifoy to post more, Meta announced last year that it was launching a fund to pay creators a total of $1 billion by the end of this year. The internal document said that Instagram Reels thus far has paid out $120 million.\"Meta's suite of monetization product offerings is largely in-line with competitive offerings, though limited product scale results in fewer paid creators / low % of payouts,\" the document said.The Meta spokeswoman said this payout number is outdated and doesn't include separate payments to Facebook creators that the fund also covers.TikTok announced its own creators fund in August 2020 that it said would pay out $1 billion over the next three years.Meta's ad business is still a behemoth, generating far more revenue per user than TikTok. In 2021, Facebook and Instagram generated revenue in the U.S. market of $32 billion and more than $21 billion, respectively, compared with $3 billion for TikTok, according to estimates in an August report by Bernstein Research.But Meta's advertising operation faces headwinds, notably from the privacy-related changes from Apple rolled out last year. The company previously said it anticipated a $10 billion hit to revenue this year due to the changes.Meta also continues to battle negative perceptions among users, documents show. Meta has long surveyed users about their perceptions of its business, converting their answers into percentage scores. The portion of Instagram users who think the company \"cares about\" them fell from nearly 70% in 2019 to roughly 20% earlier this summer. On the question of whether the product was \"good for the world,\" the score fell from more than 60% in 2019 to slightly over 45%.The Meta spokeswoman said that didn't reflect the company's internal data, but declined to elaborate.The company has also been polling users on a separate question that in many ways gets to the heart of the tech giant's current predicament: \"Would you say that Meta's best days are ahead of it or behind it?\" The company declined to disclose how users responded to that question.At least some of the issues affecting Meta reflect shifting views about social media more broadly. TikTok and other platforms also have sparked concerns about their unhealthy aspects and effects on young users.Other social-media companies have had their business models upended, too. Snap Inc., maker of the popular Snapchat app, said late last month it was laying off 20% of its staff, halting work on several projects and reorganizing its operations.Meta, which essentially pioneered social media when Mr. Zuckerberg launched Facebook out of his Harvard dorm in 2004, has long been the industry's 800-pound gorilla.Over the years, the company has been resilient, executing several strategy shifts to address changes in the competitive landscape. In 2012, Mr. Zuckerberg made mobile-first products a priority for Facebook, which was founded for desktop users. Several years later, the company launched disappearing-posts features, starting with Instagram Stories, leading to criticism that it essentially copied one of Snapchat's features.While it took some time for Stories to catch on, both moves ultimately proved prescient, helping the company maintain a dominant position in social media for almost two decades and briefly reach a market value of more than $1 trillion.TikTok's explosion in popularity presents a big challenge. The app, owned by Beijing-based ByteDance Ltd., launched in the U.S. less than five years ago. It has drawn scrutiny and criticism related to its Chinese ownership, but that has done little to stem its popularity.TikTok posted a 67% gain in average daily hours spent per user in the U.S. from 2018 to 2021, a growth rate that far exceeded that of its rivals, according to Bernstein's August report. Facebook and Instagram were up 9% and 11%, respectively, during that period.As TikTok has grown, so too has the popularity of short-form video as a format, leading Bernstein Research analysts to write: \"The 2020s are the SFV decade.\"After TikTok soared in popularity amid Covid-19 lockdowns in early 2020, both Meta and YouTube, which is owned by Google, launched short-form video products of their own. Mr. Zuckerberg has touted Reels as the company's fastest-growing content format, but TikTok has maintained its lead.\"Creators still think of TikTok as being synonymous with SFV and prioritize it for the broad discoverability it brings them,\" said the internal Meta document.Meta's challenges with Reels are significant because the service is central to an effort to reinvent the way the company operates.Meta's products -- first the main Facebook app, then Instagram -- succeeded by showing users content from their friends, family and others they know and choose to follow. TikTok succeeded by doing the opposite, showing users content from accounts recommended by an algorithm that figures out what kind of videos users want based on what they spend time watching. It pushes a feed of content personalized to people's interests, helping them discover new things they never knew they wanted or would enjoy.This summer, Instagram accelerated a push to be more like TikTok by launching a service it internally called Panavision. Like TikTok, it served content, including a hefty dose of Reels, to users from accounts they don't follow.There was a swift backlash from users, including from celebrities Kim Kardashian and Kylie Jenner. Ms. Jenner reposted a card to her Instagram story that said \"Make Instagram Instagram again (stop trying to be tiktok i just want to see cute photos of my friends.) Sincerely, everyone.\"Within days, Instagram said it would reduce the amount of content shown to users from accounts that they don't already follow, at least for now. But Mr. Zuckerberg and Instagram head Adam Mosseri have made clear that is the direction the company is moving.","news_type":1},"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932039326,"gmtCreate":1662854432365,"gmtModify":1676537149441,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932039326","repostId":"2266415879","repostType":4,"repost":{"id":"2266415879","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":1662773640,"share":"https://ttm.financial/m/news/2266415879?lang=&edition=fundamental","pubTime":"2022-09-10 09:34","market":"us","language":"en","title":"She Was the Best of Us","url":"https://stock-news.laohu8.com/highlight/detail?id=2266415879","media":"Dow Jones","summary":"ByAndrew RobertsMr. Roberts is the author, most recently, of \"The Last King of America: The Misunder","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/8fb38370e84ba1fea7d758c98f97d645\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/><i>ByAndrew Roberts</i></p><p><i>Mr. Roberts is the author, most recently, of &#34;The Last King of America: The Misunderstood Reign of George III&#34; and a royal commentator for NBC News.</i></p><p>We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.</p><p>The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96243ab593f31f43979c5b0356e3e1f3\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.</span></p><p>In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.</p><p>The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. &#34;Why did no one see it coming?&#34; she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. &#34;Why would anyone want the job?&#34; she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. &#34;Grief is the price we pay for love,&#34; she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.</p><p>Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c415ea69257bd5839a78c9d5e0eca6f1\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.</span></p><p>Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a <a href=\"https://laohu8.com/S/ZM\">Zoom</a> call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn&#39;t strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn&#39;t understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn&#39;t know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.</p><p>Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen&#39;s reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn&#39;t been plain sailing.</p><p>Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn&#39;t exaggerating when she perceptively said that the Queen was &#34;the rock upon which modern Britain was built.&#34;</p><p>Although she was a small &#34;c&#34; conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer&#39;s public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.</p><p>More than a century separated the births of The Queen&#39;s first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.</p><p>A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/874414f0f61b424aaf7b94a980470613\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.</span></p><p>We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband&#39;s uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family&#39;s all-too-public traumas.</p><p>She did all of it, and in 70 years she never once complained. She was the best of us.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>She Was the Best of Us</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\">\nShe Was the Best of Us\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-10 09:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/8fb38370e84ba1fea7d758c98f97d645\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/><i>ByAndrew Roberts</i></p><p><i>Mr. Roberts is the author, most recently, of &#34;The Last King of America: The Misunderstood Reign of George III&#34; and a royal commentator for NBC News.</i></p><p>We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.</p><p>The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96243ab593f31f43979c5b0356e3e1f3\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.</span></p><p>In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.</p><p>The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. &#34;Why did no one see it coming?&#34; she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. &#34;Why would anyone want the job?&#34; she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. &#34;Grief is the price we pay for love,&#34; she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.</p><p>Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c415ea69257bd5839a78c9d5e0eca6f1\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.</span></p><p>Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a <a href=\"https://laohu8.com/S/ZM\">Zoom</a> call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn&#39;t strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn&#39;t understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn&#39;t know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.</p><p>Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen&#39;s reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn&#39;t been plain sailing.</p><p>Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn&#39;t exaggerating when she perceptively said that the Queen was &#34;the rock upon which modern Britain was built.&#34;</p><p>Although she was a small &#34;c&#34; conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer&#39;s public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.</p><p>More than a century separated the births of The Queen&#39;s first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.</p><p>A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/874414f0f61b424aaf7b94a980470613\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.</span></p><p>We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband&#39;s uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family&#39;s all-too-public traumas.</p><p>She did all of it, and in 70 years she never once complained. She was the best of us.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266415879","content_text":"ByAndrew RobertsMr. Roberts is the author, most recently, of \"The Last King of America: The Misunderstood Reign of George III\" and a royal commentator for NBC News.We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. \"Why did no one see it coming?\" she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. \"Why would anyone want the job?\" she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. \"Grief is the price we pay for love,\" she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a Zoom call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn't strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn't understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn't know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen's reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn't been plain sailing.Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn't exaggerating when she perceptively said that the Queen was \"the rock upon which modern Britain was built.\"Although she was a small \"c\" conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer's public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.More than a century separated the births of The Queen's first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband's uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family's all-too-public traumas.She did all of it, and in 70 years she never once complained. She was the best of us.","news_type":1},"isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936515889,"gmtCreate":1662781637542,"gmtModify":1676537140427,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9936515889","repostId":"2266415879","repostType":4,"repost":{"id":"2266415879","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":1662773640,"share":"https://ttm.financial/m/news/2266415879?lang=&edition=fundamental","pubTime":"2022-09-10 09:34","market":"us","language":"en","title":"She Was the Best of Us","url":"https://stock-news.laohu8.com/highlight/detail?id=2266415879","media":"Dow Jones","summary":"ByAndrew RobertsMr. Roberts is the author, most recently, of \"The Last King of America: The Misunder","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/8fb38370e84ba1fea7d758c98f97d645\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/><i>ByAndrew Roberts</i></p><p><i>Mr. Roberts is the author, most recently, of &#34;The Last King of America: The Misunderstood Reign of George III&#34; and a royal commentator for NBC News.</i></p><p>We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.</p><p>The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96243ab593f31f43979c5b0356e3e1f3\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.</span></p><p>In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.</p><p>The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. &#34;Why did no one see it coming?&#34; she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. &#34;Why would anyone want the job?&#34; she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. &#34;Grief is the price we pay for love,&#34; she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.</p><p>Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c415ea69257bd5839a78c9d5e0eca6f1\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.</span></p><p>Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a <a href=\"https://laohu8.com/S/ZM\">Zoom</a> call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn&#39;t strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn&#39;t understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn&#39;t know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.</p><p>Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen&#39;s reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn&#39;t been plain sailing.</p><p>Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn&#39;t exaggerating when she perceptively said that the Queen was &#34;the rock upon which modern Britain was built.&#34;</p><p>Although she was a small &#34;c&#34; conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer&#39;s public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.</p><p>More than a century separated the births of The Queen&#39;s first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.</p><p>A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/874414f0f61b424aaf7b94a980470613\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.</span></p><p>We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband&#39;s uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family&#39;s all-too-public traumas.</p><p>She did all of it, and in 70 years she never once complained. She was the best of us.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>She Was the Best of Us</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\">\nShe Was the Best of Us\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-10 09:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/8fb38370e84ba1fea7d758c98f97d645\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/><i>ByAndrew Roberts</i></p><p><i>Mr. Roberts is the author, most recently, of &#34;The Last King of America: The Misunderstood Reign of George III&#34; and a royal commentator for NBC News.</i></p><p>We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.</p><p>The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96243ab593f31f43979c5b0356e3e1f3\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.</span></p><p>In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.</p><p>The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. &#34;Why did no one see it coming?&#34; she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. &#34;Why would anyone want the job?&#34; she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. &#34;Grief is the price we pay for love,&#34; she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.</p><p>Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c415ea69257bd5839a78c9d5e0eca6f1\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.</span></p><p>Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a <a href=\"https://laohu8.com/S/ZM\">Zoom</a> call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn&#39;t strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn&#39;t understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn&#39;t know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.</p><p>Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen&#39;s reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn&#39;t been plain sailing.</p><p>Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn&#39;t exaggerating when she perceptively said that the Queen was &#34;the rock upon which modern Britain was built.&#34;</p><p>Although she was a small &#34;c&#34; conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer&#39;s public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.</p><p>More than a century separated the births of The Queen&#39;s first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.</p><p>A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/874414f0f61b424aaf7b94a980470613\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.</span></p><p>We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband&#39;s uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family&#39;s all-too-public traumas.</p><p>She did all of it, and in 70 years she never once complained. She was the best of us.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266415879","content_text":"ByAndrew RobertsMr. Roberts is the author, most recently, of \"The Last King of America: The Misunderstood Reign of George III\" and a royal commentator for NBC News.We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. \"Why did no one see it coming?\" she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. \"Why would anyone want the job?\" she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. \"Grief is the price we pay for love,\" she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a Zoom call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn't strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn't understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn't know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen's reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn't been plain sailing.Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn't exaggerating when she perceptively said that the Queen was \"the rock upon which modern Britain was built.\"Although she was a small \"c\" conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer's public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.More than a century separated the births of The Queen's first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband's uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family's all-too-public traumas.She did all of it, and in 70 years she never once complained. She was the best of us.","news_type":1},"isVote":1,"tweetType":1,"viewCount":632,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938000365,"gmtCreate":1662516272257,"gmtModify":1676537078428,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938000365","repostId":"2265403013","repostType":4,"repost":{"id":"2265403013","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1662521565,"share":"https://ttm.financial/m/news/2265403013?lang=&edition=fundamental","pubTime":"2022-09-07 11:32","market":"us","language":"en","title":"What Is Expected at Apple's \"Far Out\" Fall Event?","url":"https://stock-news.laohu8.com/highlight/detail?id=2265403013","media":"Reuters","summary":"Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other prod","content":"<html><head></head><body><p>Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.</p><p>The event, &#34;Far Out&#34;, will begin at 1700 GMT at the Steve Jobs Theater in Apple&#39;s headquarters in Cupertino, California. It is the company&#39;s first indoor event since the pandemic.</p><p>Based on reports, here are some of the expected announcements:</p><p><b>IPHONE 14</b></p><p>Apple usually launches new iPhones at the September event. The latest device is expected to include updates to the camera, storage and design, as well as satellite network connectivity.</p><p>The &#34;mini&#34; version of the iPhone may be discontinued, according to reports.</p><p>Pricing and bundling options for Apple&#39;s flagship product will be watched closely as decades-high inflation batters demand for all, but the most premium smartphones.</p><p>&#34;Apple could choose to increase the price of the Pro models and leave the lower end models unchanged,&#34; BofA Securities analyst Wamsi Mohan said.</p><p><b>SATELLITE NETWORK CONNECTIVITY</b></p><p>Satellite network connectivity was one of the test features for iPhone 14 before mass production, said TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple&#39;s product launches.</p><p>The possible feature would allow users to send emergency text messages in situations where they are without a network.</p><p><b>APPLE WATCH</b></p><p>The Watch Series 8 is expected have a bigger display and more health features, including a body-temperature sensor.</p><p>The company may also launch a Pro version of the Watch.</p><p><b>AIRPODS PRO 2</b></p><p>The new model will likely feature enhanced sound quality and more sensors. Its case is expected to be water and sweat resistant, with support for magsafe wireless charging.</p><p>Some reports suggest the case could have a type-C port.</p><p><b>AUGMENTED REALITY/VIRTUAL REALITY HEADSETS?</b></p><p>There has been curiosity among investors and fans about a mixed reality headset, but analysts do not expect the product to be launched until next year because of ongoing supply chain bottlenecks.</p><p>&#34;There could be some clues around a new AR/VR product although unlikely to be launched before 2023,&#34; BofA Securities&#39; Mohan said.</p><p>Here is a list of Apple launches at previous events:</p><table><tbody><tr><td>Past Events</td><td>Date</td><td>Products launched</td></tr><tr><td>Worldwide Developer&#39;s Conference</td><td>June 6, 2022</td><td>MacBooks with M2 chip</td></tr><tr><td>&#34;Peak Performance&#34;</td><td>March 8, 2022</td><td>iPhone SE, iPad Air, Mac Studio, Studio Display,</td></tr><tr><td>&#34;Unleashed&#34;</td><td>Oct. 18, 2021</td><td>MacBook Pro with M1 Pro and M1 Max chips, AirPods 3rd Gen</td></tr><tr><td>&#34;California Streaming&#34;</td><td>Sept. 14, 2021</td><td>iPhone 13 series, iPad with A13, iPad Mini with A15, Apple Watch Series 7</td></tr><tr><td>&#34;Spring Loaded&#34;</td><td>April 20, 2021</td><td>iPad Pro with M1, AirTag, iPhone 12 and 12 mini in purple</td></tr></tbody></table><p><b>Also Read:</b> <b>Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?</b>  Source: MarketWatch</p><p>Apple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store.</p><p>After holding steady on iPhone prices a year ago, some analysts expect that Apple will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design enhancements—as well as lingering pressure from supply costs and the strong U.S. dollar. Amid the highest inflation rates in decades, there have been concerns about consumers growing more cost-conscious — especially lower-wage earners — but Apple is expected to keep its standard iPhone models at the same starting price while increasing the base $999 and $1,199 prices on its iPhone Pro and Pro Max.</p><p>“While the base iPhone will stay at the same price we believe a $100 price increase on the iPhone 14 Pro/Pro Max is likely in store given component price increases as well as added functionality on this new release,” Wedbush analyst Daniel Ives wrote in a recent note to clients.</p><p>The company is expected to debut the new iPhone family at a Wednesday event that will kick off at 1 p.m. Eastern time. Apple’s smartphones are its biggest business by far, bringing in more than $162 billion through three quarters of the company’s fiscal year, more than 57% of Apple’s revenue total.</p><p>But The planned iPhone 14 debut comes amid uncertainty about how smartphone demand will hold up in the macroeconomic climate. IDC recently projected a 6.5% decline in global smartphone shipments this year, after shipments underperformed their estimates while declining for four quarters in a row. iPhone demand seems to have held up better than the overall market, however, and Apple Chief Executive Tim Cook said on the company’s last earnings call that he hadn’t noticed “obvious evidence of macroeconomic impact” on the iPhone.</p><p>Other than the price, the biggest news out of Apple’s event could be what isn’t mentioned, or gets taken away. Few observers expect Apple to show off its highly anticipated next product category, a headset, and Apple could be saying goodbye to the iPhone Mini and the infamous “notch.”</p><p>Apple is expected to do away with the mini version of its base iPhone, and it could add a 6.7-inch configuration for the first time, according to Bloomberg News. Also, five years after Apple introduced a “notch” at the top of its iPhone X model that wasn’t exactly a fan favorite, Bloomberg reports it could finally be going away with the iPhone 14 update in favor of “hole-punch and pill-shaped cutouts for the front camera and Face ID sensors.”</p><p>A Steve Jobs-worthy “One More Thing” that details Apple’s next big invention has long been absent from iPhone events, but his successor might have something up his sleeve that fits the bill. Apple has been developing a headset that is expected to integrate long-gestating mixed-reality technology, which Cook has long called “a big idea like the smartphone.” Experts expect it to reach consumers in 2023 at the earliest, but few analysts believe its first appearance will be at Wednesday’s event, even as Meta Platforms Inc. prepares to reveal its next-generation VR tech.</p><p>Given a lack of chatter about the device more recently, it’s perhaps unlikely that Apple is ready to trot the product out for viewing in September—or else the silence means that Apple has done a good job of keeping the wraps on its “one more thing.” Bloomberg reported in May that the company “aimed to unveil the headset as early as the end of this year or sometime next year, with a consumer release planned for 2023.”</p><p>Those holding out for foldable and flip phones like the models Samsung Electronics Co. Ltd. debuted a few weeks back will likely have to keep waiting for that sort of launch at Apple, but iPhone fans should expect a faster processor and the end of a much-mocked design element.</p><p>There could be a long awaited announcement of satellite connection technology for iPhones, which would allow people to communicate even while far off the beaten path. The move was expected last year and was not announced, and a similar setup is happening into this year, with analyst Ming-Chi Kuo writing this week that “Apple had completed hardware tests for this feature,” but “whether iPhone 14 will offer satellite communication service depends on whether Apple and operators can settle the business model.”</p><p>The iPhone Pro models are expected to get the majority of the upgrades, relative to the regular iPhone models. Bloomberg News has reported that Apple plans to introduce a 48-megapixel camera, a faster chip, and better battery life for the iPhone 14 Pro and iPhone 14 Pro Max. MacRumors notes that the enhanced camera would let more light pass through the lens, something that could allow for better image quality, including when shooting with the company’s Portrait Mode feature.</p><p>The iPhone 14 Pro could also feature the new A16 chip, which MacRumors has said may help the company power the new camera, as well as the always-on display that some Apple watchers are expecting to finally see on the latest model. While Apple is thought to be planning chip upgrades for the Pro models, 9to5Mac expects that the company could stick with the same A15 chip for the base iPhone 14 line that was used in the iPhone 13 family.</p><p>Also expected at the Wednesday event is an update to the Apple Watch lineup. Bloomberg reports that Apple is planning to introduce an Apple Watch SE featuring a faster chip, an Apple Watch Series 8 containing a body-temperature sensor, and a pro-level model. Evercore ISI analyst Amit Daryanani said that the hypothetical Apple Watch Pro could bring “more battery life, a larger screen, and new fitness features.”</p><p>Apple’s iPhone event comes a week earlier in September than its one last year, suggesting to Evercore’s Daryanani that the company might also make the phones available for purchase sooner. For investors, that means Apple’s September quarter could feature an extra week of iPhone sales relative to last year’s.</p><p>Apple stock has declined 10.9% so far this year, as the Dow Jones Industrial Average — which counts Apple among its 30 components — has declined 12.9% and the S&amp;P 500 index has fallen 16.8%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Is Expected at Apple's \"Far Out\" Fall Event?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Is Expected at Apple's \"Far Out\" Fall Event?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-07 11:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.</p><p>The event, &#34;Far Out&#34;, will begin at 1700 GMT at the Steve Jobs Theater in Apple&#39;s headquarters in Cupertino, California. It is the company&#39;s first indoor event since the pandemic.</p><p>Based on reports, here are some of the expected announcements:</p><p><b>IPHONE 14</b></p><p>Apple usually launches new iPhones at the September event. The latest device is expected to include updates to the camera, storage and design, as well as satellite network connectivity.</p><p>The &#34;mini&#34; version of the iPhone may be discontinued, according to reports.</p><p>Pricing and bundling options for Apple&#39;s flagship product will be watched closely as decades-high inflation batters demand for all, but the most premium smartphones.</p><p>&#34;Apple could choose to increase the price of the Pro models and leave the lower end models unchanged,&#34; BofA Securities analyst Wamsi Mohan said.</p><p><b>SATELLITE NETWORK CONNECTIVITY</b></p><p>Satellite network connectivity was one of the test features for iPhone 14 before mass production, said TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple&#39;s product launches.</p><p>The possible feature would allow users to send emergency text messages in situations where they are without a network.</p><p><b>APPLE WATCH</b></p><p>The Watch Series 8 is expected have a bigger display and more health features, including a body-temperature sensor.</p><p>The company may also launch a Pro version of the Watch.</p><p><b>AIRPODS PRO 2</b></p><p>The new model will likely feature enhanced sound quality and more sensors. Its case is expected to be water and sweat resistant, with support for magsafe wireless charging.</p><p>Some reports suggest the case could have a type-C port.</p><p><b>AUGMENTED REALITY/VIRTUAL REALITY HEADSETS?</b></p><p>There has been curiosity among investors and fans about a mixed reality headset, but analysts do not expect the product to be launched until next year because of ongoing supply chain bottlenecks.</p><p>&#34;There could be some clues around a new AR/VR product although unlikely to be launched before 2023,&#34; BofA Securities&#39; Mohan said.</p><p>Here is a list of Apple launches at previous events:</p><table><tbody><tr><td>Past Events</td><td>Date</td><td>Products launched</td></tr><tr><td>Worldwide Developer&#39;s Conference</td><td>June 6, 2022</td><td>MacBooks with M2 chip</td></tr><tr><td>&#34;Peak Performance&#34;</td><td>March 8, 2022</td><td>iPhone SE, iPad Air, Mac Studio, Studio Display,</td></tr><tr><td>&#34;Unleashed&#34;</td><td>Oct. 18, 2021</td><td>MacBook Pro with M1 Pro and M1 Max chips, AirPods 3rd Gen</td></tr><tr><td>&#34;California Streaming&#34;</td><td>Sept. 14, 2021</td><td>iPhone 13 series, iPad with A13, iPad Mini with A15, Apple Watch Series 7</td></tr><tr><td>&#34;Spring Loaded&#34;</td><td>April 20, 2021</td><td>iPad Pro with M1, AirTag, iPhone 12 and 12 mini in purple</td></tr></tbody></table><p><b>Also Read:</b> <b>Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?</b>  Source: MarketWatch</p><p>Apple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store.</p><p>After holding steady on iPhone prices a year ago, some analysts expect that Apple will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design enhancements—as well as lingering pressure from supply costs and the strong U.S. dollar. Amid the highest inflation rates in decades, there have been concerns about consumers growing more cost-conscious — especially lower-wage earners — but Apple is expected to keep its standard iPhone models at the same starting price while increasing the base $999 and $1,199 prices on its iPhone Pro and Pro Max.</p><p>“While the base iPhone will stay at the same price we believe a $100 price increase on the iPhone 14 Pro/Pro Max is likely in store given component price increases as well as added functionality on this new release,” Wedbush analyst Daniel Ives wrote in a recent note to clients.</p><p>The company is expected to debut the new iPhone family at a Wednesday event that will kick off at 1 p.m. Eastern time. Apple’s smartphones are its biggest business by far, bringing in more than $162 billion through three quarters of the company’s fiscal year, more than 57% of Apple’s revenue total.</p><p>But The planned iPhone 14 debut comes amid uncertainty about how smartphone demand will hold up in the macroeconomic climate. IDC recently projected a 6.5% decline in global smartphone shipments this year, after shipments underperformed their estimates while declining for four quarters in a row. iPhone demand seems to have held up better than the overall market, however, and Apple Chief Executive Tim Cook said on the company’s last earnings call that he hadn’t noticed “obvious evidence of macroeconomic impact” on the iPhone.</p><p>Other than the price, the biggest news out of Apple’s event could be what isn’t mentioned, or gets taken away. Few observers expect Apple to show off its highly anticipated next product category, a headset, and Apple could be saying goodbye to the iPhone Mini and the infamous “notch.”</p><p>Apple is expected to do away with the mini version of its base iPhone, and it could add a 6.7-inch configuration for the first time, according to Bloomberg News. Also, five years after Apple introduced a “notch” at the top of its iPhone X model that wasn’t exactly a fan favorite, Bloomberg reports it could finally be going away with the iPhone 14 update in favor of “hole-punch and pill-shaped cutouts for the front camera and Face ID sensors.”</p><p>A Steve Jobs-worthy “One More Thing” that details Apple’s next big invention has long been absent from iPhone events, but his successor might have something up his sleeve that fits the bill. Apple has been developing a headset that is expected to integrate long-gestating mixed-reality technology, which Cook has long called “a big idea like the smartphone.” Experts expect it to reach consumers in 2023 at the earliest, but few analysts believe its first appearance will be at Wednesday’s event, even as Meta Platforms Inc. prepares to reveal its next-generation VR tech.</p><p>Given a lack of chatter about the device more recently, it’s perhaps unlikely that Apple is ready to trot the product out for viewing in September—or else the silence means that Apple has done a good job of keeping the wraps on its “one more thing.” Bloomberg reported in May that the company “aimed to unveil the headset as early as the end of this year or sometime next year, with a consumer release planned for 2023.”</p><p>Those holding out for foldable and flip phones like the models Samsung Electronics Co. Ltd. debuted a few weeks back will likely have to keep waiting for that sort of launch at Apple, but iPhone fans should expect a faster processor and the end of a much-mocked design element.</p><p>There could be a long awaited announcement of satellite connection technology for iPhones, which would allow people to communicate even while far off the beaten path. The move was expected last year and was not announced, and a similar setup is happening into this year, with analyst Ming-Chi Kuo writing this week that “Apple had completed hardware tests for this feature,” but “whether iPhone 14 will offer satellite communication service depends on whether Apple and operators can settle the business model.”</p><p>The iPhone Pro models are expected to get the majority of the upgrades, relative to the regular iPhone models. Bloomberg News has reported that Apple plans to introduce a 48-megapixel camera, a faster chip, and better battery life for the iPhone 14 Pro and iPhone 14 Pro Max. MacRumors notes that the enhanced camera would let more light pass through the lens, something that could allow for better image quality, including when shooting with the company’s Portrait Mode feature.</p><p>The iPhone 14 Pro could also feature the new A16 chip, which MacRumors has said may help the company power the new camera, as well as the always-on display that some Apple watchers are expecting to finally see on the latest model. While Apple is thought to be planning chip upgrades for the Pro models, 9to5Mac expects that the company could stick with the same A15 chip for the base iPhone 14 line that was used in the iPhone 13 family.</p><p>Also expected at the Wednesday event is an update to the Apple Watch lineup. Bloomberg reports that Apple is planning to introduce an Apple Watch SE featuring a faster chip, an Apple Watch Series 8 containing a body-temperature sensor, and a pro-level model. Evercore ISI analyst Amit Daryanani said that the hypothetical Apple Watch Pro could bring “more battery life, a larger screen, and new fitness features.”</p><p>Apple’s iPhone event comes a week earlier in September than its one last year, suggesting to Evercore’s Daryanani that the company might also make the phones available for purchase sooner. For investors, that means Apple’s September quarter could feature an extra week of iPhone sales relative to last year’s.</p><p>Apple stock has declined 10.9% so far this year, as the Dow Jones Industrial Average — which counts Apple among its 30 components — has declined 12.9% and the S&amp;P 500 index has fallen 16.8%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265403013","content_text":"Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.The event, \"Far Out\", will begin at 1700 GMT at the Steve Jobs Theater in Apple's headquarters in Cupertino, California. It is the company's first indoor event since the pandemic.Based on reports, here are some of the expected announcements:IPHONE 14Apple usually launches new iPhones at the September event. The latest device is expected to include updates to the camera, storage and design, as well as satellite network connectivity.The \"mini\" version of the iPhone may be discontinued, according to reports.Pricing and bundling options for Apple's flagship product will be watched closely as decades-high inflation batters demand for all, but the most premium smartphones.\"Apple could choose to increase the price of the Pro models and leave the lower end models unchanged,\" BofA Securities analyst Wamsi Mohan said.SATELLITE NETWORK CONNECTIVITYSatellite network connectivity was one of the test features for iPhone 14 before mass production, said TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple's product launches.The possible feature would allow users to send emergency text messages in situations where they are without a network.APPLE WATCHThe Watch Series 8 is expected have a bigger display and more health features, including a body-temperature sensor.The company may also launch a Pro version of the Watch.AIRPODS PRO 2The new model will likely feature enhanced sound quality and more sensors. Its case is expected to be water and sweat resistant, with support for magsafe wireless charging.Some reports suggest the case could have a type-C port.AUGMENTED REALITY/VIRTUAL REALITY HEADSETS?There has been curiosity among investors and fans about a mixed reality headset, but analysts do not expect the product to be launched until next year because of ongoing supply chain bottlenecks.\"There could be some clues around a new AR/VR product although unlikely to be launched before 2023,\" BofA Securities' Mohan said.Here is a list of Apple launches at previous events:Past EventsDateProducts launchedWorldwide Developer's ConferenceJune 6, 2022MacBooks with M2 chip\"Peak Performance\"March 8, 2022iPhone SE, iPad Air, Mac Studio, Studio Display,\"Unleashed\"Oct. 18, 2021MacBook Pro with M1 Pro and M1 Max chips, AirPods 3rd Gen\"California Streaming\"Sept. 14, 2021iPhone 13 series, iPad with A13, iPad Mini with A15, Apple Watch Series 7\"Spring Loaded\"April 20, 2021iPad Pro with M1, AirTag, iPhone 12 and 12 mini in purpleAlso Read: Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?  Source: MarketWatchApple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store.After holding steady on iPhone prices a year ago, some analysts expect that Apple will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design enhancements—as well as lingering pressure from supply costs and the strong U.S. dollar. Amid the highest inflation rates in decades, there have been concerns about consumers growing more cost-conscious — especially lower-wage earners — but Apple is expected to keep its standard iPhone models at the same starting price while increasing the base $999 and $1,199 prices on its iPhone Pro and Pro Max.“While the base iPhone will stay at the same price we believe a $100 price increase on the iPhone 14 Pro/Pro Max is likely in store given component price increases as well as added functionality on this new release,” Wedbush analyst Daniel Ives wrote in a recent note to clients.The company is expected to debut the new iPhone family at a Wednesday event that will kick off at 1 p.m. Eastern time. Apple’s smartphones are its biggest business by far, bringing in more than $162 billion through three quarters of the company’s fiscal year, more than 57% of Apple’s revenue total.But The planned iPhone 14 debut comes amid uncertainty about how smartphone demand will hold up in the macroeconomic climate. IDC recently projected a 6.5% decline in global smartphone shipments this year, after shipments underperformed their estimates while declining for four quarters in a row. iPhone demand seems to have held up better than the overall market, however, and Apple Chief Executive Tim Cook said on the company’s last earnings call that he hadn’t noticed “obvious evidence of macroeconomic impact” on the iPhone.Other than the price, the biggest news out of Apple’s event could be what isn’t mentioned, or gets taken away. Few observers expect Apple to show off its highly anticipated next product category, a headset, and Apple could be saying goodbye to the iPhone Mini and the infamous “notch.”Apple is expected to do away with the mini version of its base iPhone, and it could add a 6.7-inch configuration for the first time, according to Bloomberg News. Also, five years after Apple introduced a “notch” at the top of its iPhone X model that wasn’t exactly a fan favorite, Bloomberg reports it could finally be going away with the iPhone 14 update in favor of “hole-punch and pill-shaped cutouts for the front camera and Face ID sensors.”A Steve Jobs-worthy “One More Thing” that details Apple’s next big invention has long been absent from iPhone events, but his successor might have something up his sleeve that fits the bill. Apple has been developing a headset that is expected to integrate long-gestating mixed-reality technology, which Cook has long called “a big idea like the smartphone.” Experts expect it to reach consumers in 2023 at the earliest, but few analysts believe its first appearance will be at Wednesday’s event, even as Meta Platforms Inc. prepares to reveal its next-generation VR tech.Given a lack of chatter about the device more recently, it’s perhaps unlikely that Apple is ready to trot the product out for viewing in September—or else the silence means that Apple has done a good job of keeping the wraps on its “one more thing.” Bloomberg reported in May that the company “aimed to unveil the headset as early as the end of this year or sometime next year, with a consumer release planned for 2023.”Those holding out for foldable and flip phones like the models Samsung Electronics Co. Ltd. debuted a few weeks back will likely have to keep waiting for that sort of launch at Apple, but iPhone fans should expect a faster processor and the end of a much-mocked design element.There could be a long awaited announcement of satellite connection technology for iPhones, which would allow people to communicate even while far off the beaten path. The move was expected last year and was not announced, and a similar setup is happening into this year, with analyst Ming-Chi Kuo writing this week that “Apple had completed hardware tests for this feature,” but “whether iPhone 14 will offer satellite communication service depends on whether Apple and operators can settle the business model.”The iPhone Pro models are expected to get the majority of the upgrades, relative to the regular iPhone models. Bloomberg News has reported that Apple plans to introduce a 48-megapixel camera, a faster chip, and better battery life for the iPhone 14 Pro and iPhone 14 Pro Max. MacRumors notes that the enhanced camera would let more light pass through the lens, something that could allow for better image quality, including when shooting with the company’s Portrait Mode feature.The iPhone 14 Pro could also feature the new A16 chip, which MacRumors has said may help the company power the new camera, as well as the always-on display that some Apple watchers are expecting to finally see on the latest model. While Apple is thought to be planning chip upgrades for the Pro models, 9to5Mac expects that the company could stick with the same A15 chip for the base iPhone 14 line that was used in the iPhone 13 family.Also expected at the Wednesday event is an update to the Apple Watch lineup. Bloomberg reports that Apple is planning to introduce an Apple Watch SE featuring a faster chip, an Apple Watch Series 8 containing a body-temperature sensor, and a pro-level model. Evercore ISI analyst Amit Daryanani said that the hypothetical Apple Watch Pro could bring “more battery life, a larger screen, and new fitness features.”Apple’s iPhone event comes a week earlier in September than its one last year, suggesting to Evercore’s Daryanani that the company might also make the phones available for purchase sooner. For investors, that means Apple’s September quarter could feature an extra week of iPhone sales relative to last year’s.Apple stock has declined 10.9% so far this year, as the Dow Jones Industrial Average — which counts Apple among its 30 components — has declined 12.9% and the S&P 500 index has fallen 16.8%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":610,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931254273,"gmtCreate":1662472114692,"gmtModify":1676537067706,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931254273","repostId":"1120803157","repostType":4,"repost":{"id":"1120803157","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":1662471156,"share":"https://ttm.financial/m/news/1120803157?lang=&edition=fundamental","pubTime":"2022-09-06 21:32","market":"us","language":"en","title":"U.S. Stocks Rise As Wall Street Looks to Reverse 3-Week Losing Streak","url":"https://stock-news.laohu8.com/highlight/detail?id=1120803157","media":"Tiger Newspress","summary":"Stock rose Tuesday as traders aimed to start the holiday-shortened week on a strong note.The Dow Jon","content":"<html><head></head><body><p>Stock rose Tuesday as traders aimed to start the holiday-shortened week on a strong note.</p><p>The Dow Jones Industrial Average gained 136 points, or 0.44%. The S&amp;P 500 and Nasdaq Composite rose 0.39% and 0.31% respectively. U.S. markets were closed Monday due to the Labor Day holiday.</p><p>CVS Health said Monday it’s buying Signify Health for roughly $8 billion, while Volkswagen shared its plan to float Porsche for an initial public offering.</p><p>On Friday, the major averages closed out their third negative week in a row. The Nasdaq Composite posted its first six-day losing streak since 2019, ending the session 1.3% lower, while the Dow erased a 370-point gain on Friday to close about 1.1% lower. The S&amp;P shed 1.1% to its lowest close since July.</p><p>In the holiday-shortened week, investors are looking ahead to speeches from Federal Reserve presidents and a fresh rate hike decision from the European Central bank due out later this week. August PMI services and ISM services data are slated for Tuesday, giving more important information about the state of the U.S. economy.</p><p>“This is the week where everyone’s back,” said Ed Moya, senior market analyst at Oanda. “Everyone’s back to school, back to trading, a lot of people are back into the office. There’s still a lot of pessimism here that we could continue to see inflation rear its ugly head and that should warrant more aggressive rate hikes by the Fed.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks Rise As Wall Street Looks to Reverse 3-Week Losing Streak</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Rise As Wall Street Looks to Reverse 3-Week Losing Streak\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-06 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stock rose Tuesday as traders aimed to start the holiday-shortened week on a strong note.</p><p>The Dow Jones Industrial Average gained 136 points, or 0.44%. The S&amp;P 500 and Nasdaq Composite rose 0.39% and 0.31% respectively. U.S. markets were closed Monday due to the Labor Day holiday.</p><p>CVS Health said Monday it’s buying Signify Health for roughly $8 billion, while Volkswagen shared its plan to float Porsche for an initial public offering.</p><p>On Friday, the major averages closed out their third negative week in a row. The Nasdaq Composite posted its first six-day losing streak since 2019, ending the session 1.3% lower, while the Dow erased a 370-point gain on Friday to close about 1.1% lower. The S&amp;P shed 1.1% to its lowest close since July.</p><p>In the holiday-shortened week, investors are looking ahead to speeches from Federal Reserve presidents and a fresh rate hike decision from the European Central bank due out later this week. August PMI services and ISM services data are slated for Tuesday, giving more important information about the state of the U.S. economy.</p><p>“This is the week where everyone’s back,” said Ed Moya, senior market analyst at Oanda. “Everyone’s back to school, back to trading, a lot of people are back into the office. There’s still a lot of pessimism here that we could continue to see inflation rear its ugly head and that should warrant more aggressive rate hikes by the Fed.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120803157","content_text":"Stock rose Tuesday as traders aimed to start the holiday-shortened week on a strong note.The Dow Jones Industrial Average gained 136 points, or 0.44%. The S&P 500 and Nasdaq Composite rose 0.39% and 0.31% respectively. U.S. markets were closed Monday due to the Labor Day holiday.CVS Health said Monday it’s buying Signify Health for roughly $8 billion, while Volkswagen shared its plan to float Porsche for an initial public offering.On Friday, the major averages closed out their third negative week in a row. The Nasdaq Composite posted its first six-day losing streak since 2019, ending the session 1.3% lower, while the Dow erased a 370-point gain on Friday to close about 1.1% lower. The S&P shed 1.1% to its lowest close since July.In the holiday-shortened week, investors are looking ahead to speeches from Federal Reserve presidents and a fresh rate hike decision from the European Central bank due out later this week. August PMI services and ISM services data are slated for Tuesday, giving more important information about the state of the U.S. economy.“This is the week where everyone’s back,” said Ed Moya, senior market analyst at Oanda. “Everyone’s back to school, back to trading, a lot of people are back into the office. There’s still a lot of pessimism here that we could continue to see inflation rear its ugly head and that should warrant more aggressive rate hikes by the Fed.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":686,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933395552,"gmtCreate":1662217942976,"gmtModify":1676537019699,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9933395552","repostId":"1184784977","repostType":4,"repost":{"id":"1184784977","pubTimestamp":1662174038,"share":"https://ttm.financial/m/news/1184784977?lang=&edition=fundamental","pubTime":"2022-09-03 11:00","market":"us","language":"en","title":"September May Bring The S&P 500 Back To Its June Lows","url":"https://stock-news.laohu8.com/highlight/detail?id=1184784977","media":"Seeking Alpha","summary":"SummaryThe S&P 500 has fallen sharply in recent days, as the dovish pivot has vanished.An FOMC meeti","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The S&amp;P 500 has fallen sharply in recent days, as the dovish pivot has vanished.</li><li>An FOMC meeting and a slew of economic data will make September very volatile.</li><li>Rising rates and uncertainty could put the June lows in play.</li></ul><p>Stocks are off to a turbulent start in September, as the Fed crushed all hopes of a dovish pivot at the Jackson Hole meeting last Friday. To make matters worse, September will hold several key economic data points and an FOMC meeting which could create even more volatility in a seasonally lousy time.</p><p>Today&#39;s job report appeared a bit weaker on the surface due to the rising unemployment rate. However, the jobs data showed that the pace of hiring in the economy is still strong, and wage growth remains elevated, despite rising slower than inflation.</p><p>The increase in unemployment was driven mainly by the number of workers not in the workforce dropping by 613,000 while the population growth increased by 172,000. This increased the civilian labor force by 786,000, with 442,000 finding work and 344,000 moving into the unemployed column. Unemployment didn&#39;t rise because people were losing jobs; unemployment increased because people were pulled into the labor force, perhaps because of solid wage growth, which increased by 5.2% year-over-year.</p><p><img src=\"https://static.tigerbbs.com/b84ce593ffddaaaf877449fe8aa645d2\" tg-width=\"640\" tg-height=\"192\" referrerpolicy=\"no-referrer\"/></p><p>BLS.GOV</p><p>More interesting is that the pace of hiring in the household survey accelerated in August and increased at its fastest rate since March 2022. None of the data from the unemployment report would suggest the Fed is likely to do anything different than it has previously indicated.</p><p><img src=\"https://static.tigerbbs.com/791401f8937b11a9c345764a956dbed6\" tg-width=\"640\" tg-height=\"338\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Meanwhile, CPI is likely still tracking above 8% for August and September, based on the Cleveland Fed estimates. Currently, estimates are for a year-over-year inflation rate of 8.3% for August, and 8.4% for September. Meanwhile, core CPI is forecast to rise by 6.25% in August and 6.6% in September. The increase in CPI for August would be slightly slower than 8.5% for July, while core CPI would be somewhat faster than the 5.9% y/y change.</p><p><img src=\"https://static.tigerbbs.com/f7e19e82ac100d02e922240146dd66a6\" tg-width=\"640\" tg-height=\"337\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>A rising core CPI and a strong employment report could push the Fed to raise rates by 75 bps in September. While markets are leaning towards a 75 bps rate hike in September, they aren&#39;t convinced, with current odds at just 62%.</p><p><img src=\"https://static.tigerbbs.com/67b0ea44418c49e83255c4d0524d70bb\" tg-width=\"640\" tg-height=\"320\" referrerpolicy=\"no-referrer\"/></p><p>CME Group</p><p>On top of that September tends to be, on average over the past 30 years, the weakest month with an average decline of -0.34%. The declines have been as much as 11%, and the gains have been as much as 8.8%.</p><p><img src=\"https://static.tigerbbs.com/779c427f3192a6ad21f8686b92e742f1\" tg-width=\"640\" tg-height=\"434\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>S&amp;P 500 Valuation Is Rich Versus Bonds</b></p><p>Data and questions around the next Fed meeting will create a lot of volatility in an already weak time of the year. Interest rates have risen dramatically since Jackson Hole, pushing the S&amp;P 500&#39;s valuation to historically high levels relative to the 10-yr yield, with a current spread between the earnings yield and the 10-yr rate now at 2.47%. But given, that spread should be widening because that is what happens when financial conditions tighten, it tells us that stocks are overvalued currently versus bonds.</p><p><img src=\"https://static.tigerbbs.com/fb5d69d23d8cf6e3e3a3fc0d6ef85286\" tg-width=\"640\" tg-height=\"235\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>With a nominal 10-Yr rate hovering around 3.25%, if the spread between the S&amp;P 500 earnings yield and the 10-Yr rate moves up to 3%, it would assume an earnings yield for the S&amp;P 500 of 6.25%, or a PE Ratio of 16, which is about 9% lower than the S&amp;P&#39;s current PE of roughly 17.6. That would equate to a value on the S&amp;P 500 of approximately 3,640 and close to the June lows.</p><p><b>June Lows Are In-Play</b></p><p>The likelihood of the S&amp;P 500 retesting those June lows seems to be increasing, and today&#39;s job data isn&#39;t likely to help. The fact of the matter is that rates are rising, and the August jobs data do not suggest the Fed should slow rate hikes or change its policy path, and the CPI data isn&#39;t likely to either. This means the Fed should remain on course to raise rates to around 4% by the middle of 2023, as the Fed Funds Futures are pricing. Given that, it will be tough for an equity rally to see a sustained advance.</p><p><img src=\"https://static.tigerbbs.com/0df38f9295305d9279da28bfae09f5b1\" tg-width=\"640\" tg-height=\"503\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>As rates continue to price higher, not only will nominal rates climb, but so will real rates, and currently, the 5-year and 10-Yr TIP rates have climbed right back to or above their cycle highs. This means that if real rates are rising, shouldn&#39;t the earnings yield of the S&amp;P 500 be rising too? After all, they have followed each other this closely for the past five years; shouldn&#39;t that continue well into the future?</p><p><img src=\"https://static.tigerbbs.com/7d089ca0d6d95c63abe24819e26ed648\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Unless, of course, you still think the Fed will make a dovish pivot.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>September May Bring The S&P 500 Back To Its June Lows</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\">\nSeptember May Bring The S&P 500 Back To Its June Lows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-03 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4538702-september-may-bring-the-s-and-p-500-back-to-its-june-lows><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe S&P 500 has fallen sharply in recent days, as the dovish pivot has vanished.An FOMC meeting and a slew of economic data will make September very volatile.Rising rates and uncertainty could ...</p>\n\n<a href=\"https://seekingalpha.com/article/4538702-september-may-bring-the-s-and-p-500-back-to-its-june-lows\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/article/4538702-september-may-bring-the-s-and-p-500-back-to-its-june-lows","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184784977","content_text":"SummaryThe S&P 500 has fallen sharply in recent days, as the dovish pivot has vanished.An FOMC meeting and a slew of economic data will make September very volatile.Rising rates and uncertainty could put the June lows in play.Stocks are off to a turbulent start in September, as the Fed crushed all hopes of a dovish pivot at the Jackson Hole meeting last Friday. To make matters worse, September will hold several key economic data points and an FOMC meeting which could create even more volatility in a seasonally lousy time.Today's job report appeared a bit weaker on the surface due to the rising unemployment rate. However, the jobs data showed that the pace of hiring in the economy is still strong, and wage growth remains elevated, despite rising slower than inflation.The increase in unemployment was driven mainly by the number of workers not in the workforce dropping by 613,000 while the population growth increased by 172,000. This increased the civilian labor force by 786,000, with 442,000 finding work and 344,000 moving into the unemployed column. Unemployment didn't rise because people were losing jobs; unemployment increased because people were pulled into the labor force, perhaps because of solid wage growth, which increased by 5.2% year-over-year.BLS.GOVMore interesting is that the pace of hiring in the household survey accelerated in August and increased at its fastest rate since March 2022. None of the data from the unemployment report would suggest the Fed is likely to do anything different than it has previously indicated.BloombergMeanwhile, CPI is likely still tracking above 8% for August and September, based on the Cleveland Fed estimates. Currently, estimates are for a year-over-year inflation rate of 8.3% for August, and 8.4% for September. Meanwhile, core CPI is forecast to rise by 6.25% in August and 6.6% in September. The increase in CPI for August would be slightly slower than 8.5% for July, while core CPI would be somewhat faster than the 5.9% y/y change.BloombergA rising core CPI and a strong employment report could push the Fed to raise rates by 75 bps in September. While markets are leaning towards a 75 bps rate hike in September, they aren't convinced, with current odds at just 62%.CME GroupOn top of that September tends to be, on average over the past 30 years, the weakest month with an average decline of -0.34%. The declines have been as much as 11%, and the gains have been as much as 8.8%.BloombergS&P 500 Valuation Is Rich Versus BondsData and questions around the next Fed meeting will create a lot of volatility in an already weak time of the year. Interest rates have risen dramatically since Jackson Hole, pushing the S&P 500's valuation to historically high levels relative to the 10-yr yield, with a current spread between the earnings yield and the 10-yr rate now at 2.47%. But given, that spread should be widening because that is what happens when financial conditions tighten, it tells us that stocks are overvalued currently versus bonds.BloombergWith a nominal 10-Yr rate hovering around 3.25%, if the spread between the S&P 500 earnings yield and the 10-Yr rate moves up to 3%, it would assume an earnings yield for the S&P 500 of 6.25%, or a PE Ratio of 16, which is about 9% lower than the S&P's current PE of roughly 17.6. That would equate to a value on the S&P 500 of approximately 3,640 and close to the June lows.June Lows Are In-PlayThe likelihood of the S&P 500 retesting those June lows seems to be increasing, and today's job data isn't likely to help. The fact of the matter is that rates are rising, and the August jobs data do not suggest the Fed should slow rate hikes or change its policy path, and the CPI data isn't likely to either. This means the Fed should remain on course to raise rates to around 4% by the middle of 2023, as the Fed Funds Futures are pricing. Given that, it will be tough for an equity rally to see a sustained advance.BloombergAs rates continue to price higher, not only will nominal rates climb, but so will real rates, and currently, the 5-year and 10-Yr TIP rates have climbed right back to or above their cycle highs. This means that if real rates are rising, shouldn't the earnings yield of the S&P 500 be rising too? After all, they have followed each other this closely for the past five years; shouldn't that continue well into the future?BloombergUnless, of course, you still think the Fed will make a dovish pivot.","news_type":1},"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939223720,"gmtCreate":1662120054560,"gmtModify":1676537002191,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939223720","repostId":"2264247910","repostType":4,"repost":{"id":"2264247910","pubTimestamp":1662110596,"share":"https://ttm.financial/m/news/2264247910?lang=&edition=fundamental","pubTime":"2022-09-02 17:23","market":"us","language":"en","title":"August Jobs Report to Provide More Clues on Economy's Direction, Fed's Rate Path","url":"https://stock-news.laohu8.com/highlight/detail?id=2264247910","media":"seekingalpha","summary":"The U.S. economy has been giving off mixed signals this year, with GDP falling for two straight quar","content":"<html><head></head><body><p>The U.S. economy has been giving off mixed signals this year, with GDP falling for two straight quarters, while the number of jobs continues to grow. Federal Reserve Chair Jerome Powell has repeatedly called the labor market unusually strong in recent months.</p><p>Markets will see how strong it was in August when the Department of Labor issues its Employment Situation Summary on Friday. Economists are expecting 293K jobs will be added to nonfarm payrolls, down from the larger-than-expected 528K added in July. Meanwhile, the unemployment rate is expected to stay at 3.5%, a 50-year low.</p><p>&#34;My expectation is that we are going to see strong employer demand for workers,&#34; said AnnElizabeth Konkel, senior economist at job-posting website Indeed, in an interview with Seeking Alpha. &#34;I don&#39;t know the magnitude of what that will be, but it will show that employers continue to hire workers.&#34;</p><p>&#34;If the consensus among economists is close to correct, the number of jobs added in August will be the lowest in over a year,&#34; said Mark Hamrick, senior economic analyst at Bankrate. &#34;At the same time, the unemployment rate sits at 3.5%, the lowest point since the pandemic, matching a decades low level.&#34;</p><p>He points out that hiring gains have averaged 471K per month this year, still strong compared with prepandemic levels. For example, from November 2019 to January 2020, about 260K jobs per month were added.</p><p><b>Trend watching: </b>&#34;The economy is growing but does seem to be slowing, which will likely mute job gains moving forward,&#34; said Glassdoor Senior Economist Daniel Zhao. &#34;Overall, the labor market is healthy but the slowing economy means it&#39;s more likely that July was a positive fluke, rather than the start of an accelerating trend.&#34;</p><p>A strong August showing means that Federal Reserve policymakers will likely be considering another 75-basis-point rate increase later this month as they seek to tamp down demand to control inflation. The central bank has increased its federal funds rate target range by 225 bps in its past four meetings, with 75-bp hikes at each of the last two.</p><p><b>&#39;The big thing&#39;:</b> Labor force participation is &#34;the big thing&#34; that Konkel will be watching when she reads the report on Friday. That figure stood at 62.1% in July, a half point lower than it was prepandemic. &#34;We are on a journey. We have not arrived at our destination,&#34; she said. &#34;I think we&#39;re getting there.&#34;</p><p>There are several reasons for the lower than desired participation rate, she said, including factors like an &#34;iffy&#34; day-care situation, people affected by long COVID, and some workers may still have the option to stay out of the workforce due to their accumulated savings. &#34;Eventually those savings are going to dwindle and they&#39;re going to rejoin the workforce,&#34; she said.</p><p><b>Sector dynamics:</b> Leisure and hospitality, one of the sectors hit the hardest by the pandemic, is expected to continue showing strength in August. &#34;My hope is that we continue to see gains in leisure and hospitality, and service in general,&#34; Indeed&#39;s Konkel said.</p><p>In manufacturing, recent indicators show hiring was robust in August, according to the ISM Manufacturing Purchasing Managers Index report. There were &#34;few indications of layoffs, hiring freezes, or head-count reductions through attrition,&#34; said Timothy Fiore, chair of the ISM Manufacturing Business Survey Committee. In addition, companies reported a lower rate of quits, he said.</p><p>Konkel will also be looking at hiring in the information sector. While there have been some high-profile announcements of layoffs in tech, that hadn&#39;t shown up in the broader July job openings and labor turnover report. There were some 11.2M job openings in the U.S. at the end of July, up from 11.0M a month earlier.</p><p>Wages, too, will be closely watched rose. Average hourly earnings are expected to rise 5.3% Y/Y, up slightly from 5.2% in July. &#34;The fact that wages haven&#39;t kept up with inflation, that puts to rest fears of the wage-price spiral,&#34; Konkel said.</p><p>Glassdoor&#39;s Zhao pointed out that in August, the Bureau of Labor Statistics released its preliminary benchmark revisions for March 2022, estimating an additional 462K jobs should be added to the March 2022 payroll number. Depending on final revisions, set to be published with the January 2023 report, &#34;the revision may be enough to bump up 2022 job gains from 6.7M to over 7M, which would easily be the largest annual payroll gain on record,&#34; he said.</p><p>Cleveland Fed President Loretta Mester expects the Fed will need to increase its key rate to over 4% and keep hold it there for all of next year.</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>August Jobs Report to Provide More Clues on Economy's Direction, Fed's Rate Path</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\">\nAugust Jobs Report to Provide More Clues on Economy's Direction, Fed's Rate Path\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-02 17:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3879054-august-jobs-report-preview><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. economy has been giving off mixed signals this year, with GDP falling for two straight quarters, while the number of jobs continues to grow. Federal Reserve Chair Jerome Powell has repeatedly...</p>\n\n<a href=\"https://seekingalpha.com/news/3879054-august-jobs-report-preview\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3879054-august-jobs-report-preview","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2264247910","content_text":"The U.S. economy has been giving off mixed signals this year, with GDP falling for two straight quarters, while the number of jobs continues to grow. Federal Reserve Chair Jerome Powell has repeatedly called the labor market unusually strong in recent months.Markets will see how strong it was in August when the Department of Labor issues its Employment Situation Summary on Friday. Economists are expecting 293K jobs will be added to nonfarm payrolls, down from the larger-than-expected 528K added in July. Meanwhile, the unemployment rate is expected to stay at 3.5%, a 50-year low.\"My expectation is that we are going to see strong employer demand for workers,\" said AnnElizabeth Konkel, senior economist at job-posting website Indeed, in an interview with Seeking Alpha. \"I don't know the magnitude of what that will be, but it will show that employers continue to hire workers.\"\"If the consensus among economists is close to correct, the number of jobs added in August will be the lowest in over a year,\" said Mark Hamrick, senior economic analyst at Bankrate. \"At the same time, the unemployment rate sits at 3.5%, the lowest point since the pandemic, matching a decades low level.\"He points out that hiring gains have averaged 471K per month this year, still strong compared with prepandemic levels. For example, from November 2019 to January 2020, about 260K jobs per month were added.Trend watching: \"The economy is growing but does seem to be slowing, which will likely mute job gains moving forward,\" said Glassdoor Senior Economist Daniel Zhao. \"Overall, the labor market is healthy but the slowing economy means it's more likely that July was a positive fluke, rather than the start of an accelerating trend.\"A strong August showing means that Federal Reserve policymakers will likely be considering another 75-basis-point rate increase later this month as they seek to tamp down demand to control inflation. The central bank has increased its federal funds rate target range by 225 bps in its past four meetings, with 75-bp hikes at each of the last two.'The big thing': Labor force participation is \"the big thing\" that Konkel will be watching when she reads the report on Friday. That figure stood at 62.1% in July, a half point lower than it was prepandemic. \"We are on a journey. We have not arrived at our destination,\" she said. \"I think we're getting there.\"There are several reasons for the lower than desired participation rate, she said, including factors like an \"iffy\" day-care situation, people affected by long COVID, and some workers may still have the option to stay out of the workforce due to their accumulated savings. \"Eventually those savings are going to dwindle and they're going to rejoin the workforce,\" she said.Sector dynamics: Leisure and hospitality, one of the sectors hit the hardest by the pandemic, is expected to continue showing strength in August. \"My hope is that we continue to see gains in leisure and hospitality, and service in general,\" Indeed's Konkel said.In manufacturing, recent indicators show hiring was robust in August, according to the ISM Manufacturing Purchasing Managers Index report. There were \"few indications of layoffs, hiring freezes, or head-count reductions through attrition,\" said Timothy Fiore, chair of the ISM Manufacturing Business Survey Committee. In addition, companies reported a lower rate of quits, he said.Konkel will also be looking at hiring in the information sector. While there have been some high-profile announcements of layoffs in tech, that hadn't shown up in the broader July job openings and labor turnover report. There were some 11.2M job openings in the U.S. at the end of July, up from 11.0M a month earlier.Wages, too, will be closely watched rose. Average hourly earnings are expected to rise 5.3% Y/Y, up slightly from 5.2% in July. \"The fact that wages haven't kept up with inflation, that puts to rest fears of the wage-price spiral,\" Konkel said.Glassdoor's Zhao pointed out that in August, the Bureau of Labor Statistics released its preliminary benchmark revisions for March 2022, estimating an additional 462K jobs should be added to the March 2022 payroll number. Depending on final revisions, set to be published with the January 2023 report, \"the revision may be enough to bump up 2022 job gains from 6.7M to over 7M, which would easily be the largest annual payroll gain on record,\" he said.Cleveland Fed President Loretta Mester expects the Fed will need to increase its key rate to over 4% and keep hold it there for all of next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930734865,"gmtCreate":1662001018059,"gmtModify":1676536622862,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9930734865","repostId":"669027977","repostType":1,"repost":{"id":669027977,"gmtCreate":1662000465304,"gmtModify":1676536622646,"author":{"id":"3488157435400312","authorId":"3488157435400312","name":"GPLP犀牛财经","avatar":"https://static.tigerbbs.com/14abc57b2bc335b01ce8f7df19813f91","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3488157435400312","authorIdStr":"3488157435400312"},"themes":[],"htmlText":"【國際評級機構惠譽：預計2030年全球電動車銷量將突破3400萬輛 中國是最大市場】9月1日消息，根據國際評級機構惠譽報告預計，到2030年，全球電動車銷量將突破3400萬輛（對應的自2021年起的年複合增長率爲20%），電動車市場份額將達到28%。假設2030年電動車在中國、歐盟和美國新車銷量中的佔比分別爲45%、52%和40%，則中國可能仍將是全球最大的電動車市場，銷量份額爲33%，而歐盟和美國將緊隨其後。（財聯社）","listText":"【國際評級機構惠譽：預計2030年全球電動車銷量將突破3400萬輛 中國是最大市場】9月1日消息，根據國際評級機構惠譽報告預計，到2030年，全球電動車銷量將突破3400萬輛（對應的自2021年起的年複合增長率爲20%），電動車市場份額將達到28%。假設2030年電動車在中國、歐盟和美國新車銷量中的佔比分別爲45%、52%和40%，則中國可能仍將是全球最大的電動車市場，銷量份額爲33%，而歐盟和美國將緊隨其後。（財聯社）","text":"【國際評級機構惠譽：預計2030年全球電動車銷量將突破3400萬輛 中國是最大市場】9月1日消息，根據國際評級機構惠譽報告預計，到2030年，全球電動車銷量將突破3400萬輛（對應的自2021年起的年複合增長率爲20%），電動車市場份額將達到28%。假設2030年電動車在中國、歐盟和美國新車銷量中的佔比分別爲45%、52%和40%，則中國可能仍將是全球最大的電動車市場，銷量份額爲33%，而歐盟和美國將緊隨其後。（財聯社）","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/669027977","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":545,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930734320,"gmtCreate":1662000985262,"gmtModify":1676536622830,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9930734320","repostId":"2264232068","repostType":4,"repost":{"id":"2264232068","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":1661990277,"share":"https://ttm.financial/m/news/2264232068?lang=&edition=fundamental","pubTime":"2022-09-01 07:57","market":"us","language":"en","title":"\"Prepare for an Epic Finale\": Jeremy Grantham Warns \"Tragedy\" Looms as \"Superbubble\" May Burst","url":"https://stock-news.laohu8.com/highlight/detail?id=2264232068","media":"Dow Jones","summary":"Jeremy Grantham, co-founder of GMO, warns that a “superbubble” now appears between its third and fin","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e30283c0fa974f75392c6e017fc03beb\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"/><span>Jeremy Grantham, co-founder of GMO, warns that a “superbubble” now appears between its third and final act.</span></p><p>A &#34;superbubble&#34; appears dangerously near its &#34;final act&#34; after the recent rally in U.S. stocks lured some investors back into the market just ahead of potential &#34;tragedy,&#34; according to Jeremy Grantham, the legendary co-founder of Boston-based investment firm GMO.</p><p>Grantham, who has repeatedly warned investors of a bubble in markets, said in a paper Wednesday that &#34;superbubbles are events unlike any others&#34; and share some common features.</p><p>&#34;One of those features is the bear-market rally after the initial derating stage of the decline but before the economy has clearly begun to deteriorate, as it always has when superbubbles burst,&#34; said Grantham. &#34;This, in all three previous cases, recovered over half the market&#39;s initial losses, luring unwary investors back just in time for the market to turn down again, only more viciously, and the economy to weaken. This summer&#39;s rally has so far perfectly fit the pattern.&#34;</p><p>The U.S. stock market tumbled during the first half of 2022 as investors anticipated soaring inflation would lead to a hawkish Federal Reserve. The S&amp;P 500 closed at a low this year of 3,666.77 on June 16, before surging over the summer along with other stock benchmarks amid investor optimism over signs that the highest inflation in decades was easing.</p><p>Fed Chair Jerome Powell recently ended that rally with his Aug. 26 speech at the Jackson Hole, Wyo., economic symposium, wiping out this month&#39;s gains as he reiterated that the central bank would keep tightening its monetary policy to tame soaring inflation. He warned that the Fed would battle inflation until the job was done, even as it may bring pain to households and businesses.</p><p>&#34;The U.S. stock market remains very expensive and an increase in inflation like the one this year has always hurt multiples, although more slowly than normal this time,&#34; Grantham said. &#34;But now the fundamentals have also started to deteriorate enormously and surprisingly: Between COVID in China, war in Europe, food and energy crises, record fiscal tightening, and more, the outlook is far grimmer than could have been foreseen in January.&#34;</p><p>Grantham had warned in a January paper that the U.S. was approaching the end of a &#34;superbubble&#34; spanning across stocks, bonds, real estate and commodities following massive stimulus during the COVID-19 pandemic.</p><p>In his paper Wednesday, Grantham said &#34;the current superbubble features an unprecedentedly dangerous mix of cross-asset overvaluation (with bonds, housing, and stocks all critically overpriced and now rapidly losing momentum), commodity shock, and Fed hawkishness.&#34;</p><p>The bursting of superbubbles has multiple stages, according to Grantham.</p><p>First the bubble forms and then a &#34;setback&#34; in valuations -- such as the one seen in the first half of 2022 -- occurs as investors come to realize &#34;perfection&#34; won&#39;t last, he said. &#34;Then there is what we have just seen -- the bear-market rally,&#34; before finally &#34;fundamentals deteriorate&#34; and the market drops to a low.</p><p>&#34;Bear-market rallies in superbubbles are easier and faster than any other rallies,&#34; he said. &#34;Investors surmise, this stock sold for $100 6 months ago, so now at $50, or $60, or $70, it must be cheap.&#34;</p><p>At the intraday peak on Aug. 16, the S&amp;P 500 had made back 58% of its losses since its June low, according to Grantham. That was &#34;eerily similar to these other historic superbubbles.&#34;</p><p>For example, &#34;from the November low in 1929 to the April 1930 high, the market rallied 46% -- a 55% recovery of the loss from the peak,&#34; he said.</p><p>He also highlighted  the &#34;speed and scale&#34; of other bear-market rallies.</p><p>&#34;In 1973, the summer rally after the initial decline recovered 59% of the S&amp;P 500&#39;s total loss from the high,&#34; he wrote. More recently, in 2000, Grantham wrote that &#34;the Nasdaq (which had been the main event of the tech bubble) recovered 60% of its initial losses in just 2 months.&#34;</p><p>U.S. stocks ended lower Wednesday, with all three major benchmarks booking a fourth straight day of declines on the final day of August. The Dow Jones Industrial Average  dropped 0.9%, while the S&amp;P 500  fell 0.8% and the technology-heavy Nasdaq Composite  slid 0.6%.</p><p>&#34;Economic data inevitably lags major turning points in the economy,&#34; said Grantham. &#34;To make matters worse, at the turn of events like 2000 and 2007, data series like corporate profits and employment can subsequently be massively revised downwards.&#34;</p><p>&#34;It is during this lag that the bear-market rally typically occurs,&#34; he said. And now the current superbubble appears to have &#34;paused between the third and final act,&#34; according to Grantham.</p><p>&#34;Prepare for an epic finale,&#34; he said. &#34;If history repeats, the play will once again be a Tragedy. We must hope this time for a minor one.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>\"Prepare for an Epic Finale\": Jeremy Grantham Warns \"Tragedy\" Looms as \"Superbubble\" May Burst</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\">\n\"Prepare for an Epic Finale\": Jeremy Grantham Warns \"Tragedy\" Looms as \"Superbubble\" May Burst\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-01 07:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e30283c0fa974f75392c6e017fc03beb\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"/><span>Jeremy Grantham, co-founder of GMO, warns that a “superbubble” now appears between its third and final act.</span></p><p>A &#34;superbubble&#34; appears dangerously near its &#34;final act&#34; after the recent rally in U.S. stocks lured some investors back into the market just ahead of potential &#34;tragedy,&#34; according to Jeremy Grantham, the legendary co-founder of Boston-based investment firm GMO.</p><p>Grantham, who has repeatedly warned investors of a bubble in markets, said in a paper Wednesday that &#34;superbubbles are events unlike any others&#34; and share some common features.</p><p>&#34;One of those features is the bear-market rally after the initial derating stage of the decline but before the economy has clearly begun to deteriorate, as it always has when superbubbles burst,&#34; said Grantham. &#34;This, in all three previous cases, recovered over half the market&#39;s initial losses, luring unwary investors back just in time for the market to turn down again, only more viciously, and the economy to weaken. This summer&#39;s rally has so far perfectly fit the pattern.&#34;</p><p>The U.S. stock market tumbled during the first half of 2022 as investors anticipated soaring inflation would lead to a hawkish Federal Reserve. The S&amp;P 500 closed at a low this year of 3,666.77 on June 16, before surging over the summer along with other stock benchmarks amid investor optimism over signs that the highest inflation in decades was easing.</p><p>Fed Chair Jerome Powell recently ended that rally with his Aug. 26 speech at the Jackson Hole, Wyo., economic symposium, wiping out this month&#39;s gains as he reiterated that the central bank would keep tightening its monetary policy to tame soaring inflation. He warned that the Fed would battle inflation until the job was done, even as it may bring pain to households and businesses.</p><p>&#34;The U.S. stock market remains very expensive and an increase in inflation like the one this year has always hurt multiples, although more slowly than normal this time,&#34; Grantham said. &#34;But now the fundamentals have also started to deteriorate enormously and surprisingly: Between COVID in China, war in Europe, food and energy crises, record fiscal tightening, and more, the outlook is far grimmer than could have been foreseen in January.&#34;</p><p>Grantham had warned in a January paper that the U.S. was approaching the end of a &#34;superbubble&#34; spanning across stocks, bonds, real estate and commodities following massive stimulus during the COVID-19 pandemic.</p><p>In his paper Wednesday, Grantham said &#34;the current superbubble features an unprecedentedly dangerous mix of cross-asset overvaluation (with bonds, housing, and stocks all critically overpriced and now rapidly losing momentum), commodity shock, and Fed hawkishness.&#34;</p><p>The bursting of superbubbles has multiple stages, according to Grantham.</p><p>First the bubble forms and then a &#34;setback&#34; in valuations -- such as the one seen in the first half of 2022 -- occurs as investors come to realize &#34;perfection&#34; won&#39;t last, he said. &#34;Then there is what we have just seen -- the bear-market rally,&#34; before finally &#34;fundamentals deteriorate&#34; and the market drops to a low.</p><p>&#34;Bear-market rallies in superbubbles are easier and faster than any other rallies,&#34; he said. &#34;Investors surmise, this stock sold for $100 6 months ago, so now at $50, or $60, or $70, it must be cheap.&#34;</p><p>At the intraday peak on Aug. 16, the S&amp;P 500 had made back 58% of its losses since its June low, according to Grantham. That was &#34;eerily similar to these other historic superbubbles.&#34;</p><p>For example, &#34;from the November low in 1929 to the April 1930 high, the market rallied 46% -- a 55% recovery of the loss from the peak,&#34; he said.</p><p>He also highlighted  the &#34;speed and scale&#34; of other bear-market rallies.</p><p>&#34;In 1973, the summer rally after the initial decline recovered 59% of the S&amp;P 500&#39;s total loss from the high,&#34; he wrote. More recently, in 2000, Grantham wrote that &#34;the Nasdaq (which had been the main event of the tech bubble) recovered 60% of its initial losses in just 2 months.&#34;</p><p>U.S. stocks ended lower Wednesday, with all three major benchmarks booking a fourth straight day of declines on the final day of August. The Dow Jones Industrial Average  dropped 0.9%, while the S&amp;P 500  fell 0.8% and the technology-heavy Nasdaq Composite  slid 0.6%.</p><p>&#34;Economic data inevitably lags major turning points in the economy,&#34; said Grantham. &#34;To make matters worse, at the turn of events like 2000 and 2007, data series like corporate profits and employment can subsequently be massively revised downwards.&#34;</p><p>&#34;It is during this lag that the bear-market rally typically occurs,&#34; he said. And now the current superbubble appears to have &#34;paused between the third and final act,&#34; according to Grantham.</p><p>&#34;Prepare for an epic finale,&#34; he said. &#34;If history repeats, the play will once again be a Tragedy. We must hope this time for a minor one.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","BK4504":"桥水持仓","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","SDS":"两倍做空标普500ETF","BK4559":"巴菲特持仓","BK4534":"瑞士信贷持仓",".SPX":"S&P 500 Index","IVV":"标普500指数ETF","SPY":"标普500ETF","OEX":"标普100","BK4550":"红杉资本持仓","BK4581":"高盛持仓","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","SH":"标普500反向ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264232068","content_text":"Jeremy Grantham, co-founder of GMO, warns that a “superbubble” now appears between its third and final act.A \"superbubble\" appears dangerously near its \"final act\" after the recent rally in U.S. stocks lured some investors back into the market just ahead of potential \"tragedy,\" according to Jeremy Grantham, the legendary co-founder of Boston-based investment firm GMO.Grantham, who has repeatedly warned investors of a bubble in markets, said in a paper Wednesday that \"superbubbles are events unlike any others\" and share some common features.\"One of those features is the bear-market rally after the initial derating stage of the decline but before the economy has clearly begun to deteriorate, as it always has when superbubbles burst,\" said Grantham. \"This, in all three previous cases, recovered over half the market's initial losses, luring unwary investors back just in time for the market to turn down again, only more viciously, and the economy to weaken. This summer's rally has so far perfectly fit the pattern.\"The U.S. stock market tumbled during the first half of 2022 as investors anticipated soaring inflation would lead to a hawkish Federal Reserve. The S&P 500 closed at a low this year of 3,666.77 on June 16, before surging over the summer along with other stock benchmarks amid investor optimism over signs that the highest inflation in decades was easing.Fed Chair Jerome Powell recently ended that rally with his Aug. 26 speech at the Jackson Hole, Wyo., economic symposium, wiping out this month's gains as he reiterated that the central bank would keep tightening its monetary policy to tame soaring inflation. He warned that the Fed would battle inflation until the job was done, even as it may bring pain to households and businesses.\"The U.S. stock market remains very expensive and an increase in inflation like the one this year has always hurt multiples, although more slowly than normal this time,\" Grantham said. \"But now the fundamentals have also started to deteriorate enormously and surprisingly: Between COVID in China, war in Europe, food and energy crises, record fiscal tightening, and more, the outlook is far grimmer than could have been foreseen in January.\"Grantham had warned in a January paper that the U.S. was approaching the end of a \"superbubble\" spanning across stocks, bonds, real estate and commodities following massive stimulus during the COVID-19 pandemic.In his paper Wednesday, Grantham said \"the current superbubble features an unprecedentedly dangerous mix of cross-asset overvaluation (with bonds, housing, and stocks all critically overpriced and now rapidly losing momentum), commodity shock, and Fed hawkishness.\"The bursting of superbubbles has multiple stages, according to Grantham.First the bubble forms and then a \"setback\" in valuations -- such as the one seen in the first half of 2022 -- occurs as investors come to realize \"perfection\" won't last, he said. \"Then there is what we have just seen -- the bear-market rally,\" before finally \"fundamentals deteriorate\" and the market drops to a low.\"Bear-market rallies in superbubbles are easier and faster than any other rallies,\" he said. \"Investors surmise, this stock sold for $100 6 months ago, so now at $50, or $60, or $70, it must be cheap.\"At the intraday peak on Aug. 16, the S&P 500 had made back 58% of its losses since its June low, according to Grantham. That was \"eerily similar to these other historic superbubbles.\"For example, \"from the November low in 1929 to the April 1930 high, the market rallied 46% -- a 55% recovery of the loss from the peak,\" he said.He also highlighted  the \"speed and scale\" of other bear-market rallies.\"In 1973, the summer rally after the initial decline recovered 59% of the S&P 500's total loss from the high,\" he wrote. More recently, in 2000, Grantham wrote that \"the Nasdaq (which had been the main event of the tech bubble) recovered 60% of its initial losses in just 2 months.\"U.S. stocks ended lower Wednesday, with all three major benchmarks booking a fourth straight day of declines on the final day of August. The Dow Jones Industrial Average  dropped 0.9%, while the S&P 500  fell 0.8% and the technology-heavy Nasdaq Composite  slid 0.6%.\"Economic data inevitably lags major turning points in the economy,\" said Grantham. \"To make matters worse, at the turn of events like 2000 and 2007, data series like corporate profits and employment can subsequently be massively revised downwards.\"\"It is during this lag that the bear-market rally typically occurs,\" he said. And now the current superbubble appears to have \"paused between the third and final act,\" according to Grantham.\"Prepare for an epic finale,\" he said. \"If history repeats, the play will once again be a Tragedy. We must hope this time for a minor one.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994487924,"gmtCreate":1661673027571,"gmtModify":1676536559561,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994487924","repostId":"1161837457","repostType":4,"repost":{"id":"1161837457","pubTimestamp":1661645647,"share":"https://ttm.financial/m/news/1161837457?lang=&edition=fundamental","pubTime":"2022-08-28 08:14","market":"us","language":"en","title":"Nvidia: Guidance Is A Game-Changer","url":"https://stock-news.laohu8.com/highlight/detail?id=1161837457","media":"Seeking Alpha","summary":"SummaryMassive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.Revenue guida","content":"<html><head></head><body><p>Summary</p><ul><li>Massive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.</li><li>Revenue guidance for FQ3 was a real shocker as the outlook underperformed estimates by $1.0B.</li><li>Nvidia’s FY 2023 revenue estimates are set for a major downward revision.</li></ul><p>Nvidia (NASDAQ:NVDA) finally released highly anticipated earnings for its second fiscal quarter of FY 2023. Part of the earnings report card was the outlook for Nvidia&#39;s third fiscal quarter, which was significantly worse than expected. Nvidia is seeing a massiveslowdown in its Gaming business due to weakening demand and pricing for graphics processing units which have supported the chip maker&#39;s results last year. Because of the size of the expected revenue drop-off in FQ3&#39;23, Nvidia&#39;s shares are likely set to correct further to the downside!</p><p><b>Nvidia&#39;s FQ2&#39;23 earnings card was as expected</b></p><p>Nvidia&#39;s second quarter results largely conformed with the release of preliminary results from the beginning of August. Nvidia guided for $6.7B in FQ2 revenues due to a 33% year-over-year top line decrease in the Gaming segment. Actual revenues for Nvidia&#39;s FQ2&#39;23 were indeed $6.7B, showing 3% growth year-over-year, but also a 19% drop-off compared to FQ1. Unfortunately, Nvidia&#39;s gross margins collapsed in the second fiscal quarter to 45.9%, showing a decrease of 21.1 PP quarter-over-quarter. The drop in revenues and gross margins was overwhelmingly caused by the Gaming segment which reported, as expected, a 44% quarter-over-quarter drop in revenues due toweakening demand for GPUs and declining pricing strengthfor Nvidia&#39;s graphic cards. Weakening pricing for GPUsalso affected AMDin the last quarter, but Nvidia is more reliant on GPU sales than AMD and therefore more affected than its rival by the slowdown in the industry.</p><p><img src=\"https://static.tigerbbs.com/9690c900cda9585b16d72361723e11ca\" tg-width=\"909\" tg-height=\"274\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Nvidia: Final FQ2&#39;23 Results</p><p>Nvidia&#39;s Data Center revenues soared 61% year-over-year to $3.8B in FQ2 due to growing customer uptake of Nvidia&#39;s computing platforms that support data analysis and allow for the managing and scaling of artificial intelligence applications. Nvidia&#39;s Data Center business, because of the slowdown in the GPU segment, pulled ahead of Nvidia&#39;s Gaming segment regarding revenue generation in FQ2.</p><p>While Nvidia&#39;s Gaming business saw the biggest slowdown, the firm&#39;s &#39;OEM and Other&#39; business -- which includes the sale of dedicated cryptocurrency mining processors/CMPs -- also slumped. Nvidia&#39;s CMPs are used by cryptocurrency miners to validate transactions for proof of work cryptocurrencies like Ethereum (ETH-USD).</p><p>Nvidia doesn&#39;t break out how much of its OEM revenues are related to CMP sales, but crashing cryptocurrency prices in 2022 have not been good for business, obviously. Nvidia generated just $140M of OEM and Other revenues in FQ2, showing a decline of 66% year-over-year, due chiefly to decelerating demand for dedicated cryptocurrency mining processors. For those reasons, I don&#39;t see Nvidia developing its CMP business into a multi-billion dollar revenue opportunity, aspredicted previously, in the near term.</p><p><img src=\"https://static.tigerbbs.com/021fa94ce8462c4eecb6cdfc173dd154\" tg-width=\"1058\" tg-height=\"578\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Nvidia: Segment Revenue Trends</p><p><b>Nightmarish guidance</b></p><p>The most important piece of new information in Nvidia&#39;s release was the outlook for FQ3. Nvidia expects revenues of $5.90B plus or minus $118M, which would mark another 12% quarter-over-quarter decrease in consolidated revenues, which comes on top of the 19% quarter-over-quarter drop in revenues in FQ2. On an annualized basis, FQ3 revenues are down 29% compared to the beginning of the year, which marks a massive slowdown in Nvidia&#39;s business. The revenue downgrade for FQ3 occurred as Nvidia expects the Gaming industry to adjust to lower GPU demand and work throughhigh inventory levels. Nvidia&#39;s revenue guidance of $5.9B for FQ3 compares to aconsensus FQ3 estimate of $6.9B, meaning actual guidance was a massive $1.0B below the most recent revenue prediction.</p><p>I expected a sequential down-turn in revenues, led by Gaming, and projected FQ3 revenues to be between $6.0B to $6.2B, which reflected a sequential decline of up to 10%. Apparently, the situation in the Gaming industry is even more serious for Nvidia than expected, and it will affect how the market generates revenue estimates and values the stock going forward.</p><h3>My expectations for Nvidia going forward</h3><p>I expect Nvidia to continue to expand its Data Center business as demand for cloud computing, AI applications and hyper-scale platforms is only going to grow. However, I expect growth in this segment to be overshadowed by continual declines and pricing weakness in the Gaming segment. Worldwide PC shipments are expected to decline 9.5% (according toGartner) in 2022, but I believe the drop could be even larger if a deeper US recession were to bite.</p><p>Since there is no short-term solution to getting rid of high inventories in the PC industry, I expect pricing weakness in the GPU market to weigh on Nvidia&#39;s revenue potential. I also expect the pricing trend for both NVIDIA&#39;s GeForce RTX 30 and AMD&#39;s Radeon RX 6000 to remain negative, with larger discounts to the manufacturer&#39;s suggested retail price possible. Nvidia&#39;s RTX 30 GPU was available at a 9% discount to MSRP in July. Given the high inventory levels in the PC market paired with a drop-off in GPU demand, I expect Nvidia&#39;s flagship graphics card to trade at even higher discount to the MSRP going forward.</p><p>Because of the headwinds in the Gaming business, I expect Nvidia to generate about $27B in full-year revenues in FY 2023 (down from $28B), which means the chip maker could see no year-over-year growth whatsoever this year.</p><p><img src=\"https://static.tigerbbs.com/297c23d10b4798c94de6cfa3ff793b91\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>NVDA Revenue (Quarterly YoY Growth) data by YCharts</p><p><b>Estimate and valuation risk</b></p><p>Nvidia&#39;s revenue estimates are now going to reset after the chip maker submitted a seriously bad guidance for its third fiscal quarter. As analysts incorporate Nvidia&#39;s FQ3&#39;23 revenue guidance into their projections, Nvidia is likely going to see a massive, broad-based reduction for its FY 2023 revenue predictions. Since lofty revenue expectations have been used to justify Nvidia&#39;s generous valuation, a reset of expectations has the potential to drive a downward revaluation of Nvidia&#39;s shares.</p><p>Nvidia&#39;s shares dropped 4.6% after regular trading yesterday and, I believe, the drop does not accurately reflect the seriousness of the sequential revenue downgrade. Nvidia currently has a P-S ratio of 12.2x, and if revenue estimates continue to fall, the valuation factor may even increase.</p><p><img src=\"https://static.tigerbbs.com/92263effbea15a27a9d0154ceff211d1\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>NVDA Revenue Estimates for Current Fiscal Yeardata by YCharts</p><p><b>Other risks/considerations with Nvidia</b></p><p>I see two big risks for Nvidia at this point in time. The first one is that the slowdown in the GPU market may last for quite some time, meaning Nvidia may have to deal with slowing Gaming segment revenues for more than just one more quarter. This is because thePC market is in a declinewhich affects the shipment of Nvidia&#39;s GPUs. Secondly, revenue and earnings estimates, especially after the nightmarish guidance for FQ3&#39;23, will reflect a reset of growth expectations which in itself could lead Nvidia&#39;s shares into a new down-leg.</p><p><b>Final thoughts</b></p><p>Shares of Nvidia dropped 4.6% after the market closed, but I believe the sharpness of the expected revenue decline in FQ3 is not accurately reflected in this drop. The guidance truly is a game-changer because Nvidia&#39;s period of hyper-growth is ending.</p><p>Nvidia&#39;s outlook for FQ3&#39;23 revenues was $1.0B below expectations and the company is going through a major post-pandemic reset in the GPU market… which could affect Nvidia&#39;s valuation much more severely going forward. As estimates correct to the downside, Nvidia&#39;s valuation is set to experience more pressure!</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia: Guidance Is A Game-Changer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia: Guidance Is A Game-Changer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-28 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4537353-nvidia-nvda-guidance-game-changer><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMassive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.Revenue guidance for FQ3 was a real shocker as the outlook underperformed estimates by $1.0B.Nvidia’s FY 2023 ...</p>\n\n<a href=\"https://seekingalpha.com/article/4537353-nvidia-nvda-guidance-game-changer\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4537353-nvidia-nvda-guidance-game-changer","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161837457","content_text":"SummaryMassive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.Revenue guidance for FQ3 was a real shocker as the outlook underperformed estimates by $1.0B.Nvidia’s FY 2023 revenue estimates are set for a major downward revision.Nvidia (NASDAQ:NVDA) finally released highly anticipated earnings for its second fiscal quarter of FY 2023. Part of the earnings report card was the outlook for Nvidia's third fiscal quarter, which was significantly worse than expected. Nvidia is seeing a massiveslowdown in its Gaming business due to weakening demand and pricing for graphics processing units which have supported the chip maker's results last year. Because of the size of the expected revenue drop-off in FQ3'23, Nvidia's shares are likely set to correct further to the downside!Nvidia's FQ2'23 earnings card was as expectedNvidia's second quarter results largely conformed with the release of preliminary results from the beginning of August. Nvidia guided for $6.7B in FQ2 revenues due to a 33% year-over-year top line decrease in the Gaming segment. Actual revenues for Nvidia's FQ2'23 were indeed $6.7B, showing 3% growth year-over-year, but also a 19% drop-off compared to FQ1. Unfortunately, Nvidia's gross margins collapsed in the second fiscal quarter to 45.9%, showing a decrease of 21.1 PP quarter-over-quarter. The drop in revenues and gross margins was overwhelmingly caused by the Gaming segment which reported, as expected, a 44% quarter-over-quarter drop in revenues due toweakening demand for GPUs and declining pricing strengthfor Nvidia's graphic cards. Weakening pricing for GPUsalso affected AMDin the last quarter, but Nvidia is more reliant on GPU sales than AMD and therefore more affected than its rival by the slowdown in the industry.Nvidia: Final FQ2'23 ResultsNvidia's Data Center revenues soared 61% year-over-year to $3.8B in FQ2 due to growing customer uptake of Nvidia's computing platforms that support data analysis and allow for the managing and scaling of artificial intelligence applications. Nvidia's Data Center business, because of the slowdown in the GPU segment, pulled ahead of Nvidia's Gaming segment regarding revenue generation in FQ2.While Nvidia's Gaming business saw the biggest slowdown, the firm's 'OEM and Other' business -- which includes the sale of dedicated cryptocurrency mining processors/CMPs -- also slumped. Nvidia's CMPs are used by cryptocurrency miners to validate transactions for proof of work cryptocurrencies like Ethereum (ETH-USD).Nvidia doesn't break out how much of its OEM revenues are related to CMP sales, but crashing cryptocurrency prices in 2022 have not been good for business, obviously. Nvidia generated just $140M of OEM and Other revenues in FQ2, showing a decline of 66% year-over-year, due chiefly to decelerating demand for dedicated cryptocurrency mining processors. For those reasons, I don't see Nvidia developing its CMP business into a multi-billion dollar revenue opportunity, aspredicted previously, in the near term.Nvidia: Segment Revenue TrendsNightmarish guidanceThe most important piece of new information in Nvidia's release was the outlook for FQ3. Nvidia expects revenues of $5.90B plus or minus $118M, which would mark another 12% quarter-over-quarter decrease in consolidated revenues, which comes on top of the 19% quarter-over-quarter drop in revenues in FQ2. On an annualized basis, FQ3 revenues are down 29% compared to the beginning of the year, which marks a massive slowdown in Nvidia's business. The revenue downgrade for FQ3 occurred as Nvidia expects the Gaming industry to adjust to lower GPU demand and work throughhigh inventory levels. Nvidia's revenue guidance of $5.9B for FQ3 compares to aconsensus FQ3 estimate of $6.9B, meaning actual guidance was a massive $1.0B below the most recent revenue prediction.I expected a sequential down-turn in revenues, led by Gaming, and projected FQ3 revenues to be between $6.0B to $6.2B, which reflected a sequential decline of up to 10%. Apparently, the situation in the Gaming industry is even more serious for Nvidia than expected, and it will affect how the market generates revenue estimates and values the stock going forward.My expectations for Nvidia going forwardI expect Nvidia to continue to expand its Data Center business as demand for cloud computing, AI applications and hyper-scale platforms is only going to grow. However, I expect growth in this segment to be overshadowed by continual declines and pricing weakness in the Gaming segment. Worldwide PC shipments are expected to decline 9.5% (according toGartner) in 2022, but I believe the drop could be even larger if a deeper US recession were to bite.Since there is no short-term solution to getting rid of high inventories in the PC industry, I expect pricing weakness in the GPU market to weigh on Nvidia's revenue potential. I also expect the pricing trend for both NVIDIA's GeForce RTX 30 and AMD's Radeon RX 6000 to remain negative, with larger discounts to the manufacturer's suggested retail price possible. Nvidia's RTX 30 GPU was available at a 9% discount to MSRP in July. Given the high inventory levels in the PC market paired with a drop-off in GPU demand, I expect Nvidia's flagship graphics card to trade at even higher discount to the MSRP going forward.Because of the headwinds in the Gaming business, I expect Nvidia to generate about $27B in full-year revenues in FY 2023 (down from $28B), which means the chip maker could see no year-over-year growth whatsoever this year.NVDA Revenue (Quarterly YoY Growth) data by YChartsEstimate and valuation riskNvidia's revenue estimates are now going to reset after the chip maker submitted a seriously bad guidance for its third fiscal quarter. As analysts incorporate Nvidia's FQ3'23 revenue guidance into their projections, Nvidia is likely going to see a massive, broad-based reduction for its FY 2023 revenue predictions. Since lofty revenue expectations have been used to justify Nvidia's generous valuation, a reset of expectations has the potential to drive a downward revaluation of Nvidia's shares.Nvidia's shares dropped 4.6% after regular trading yesterday and, I believe, the drop does not accurately reflect the seriousness of the sequential revenue downgrade. Nvidia currently has a P-S ratio of 12.2x, and if revenue estimates continue to fall, the valuation factor may even increase.NVDA Revenue Estimates for Current Fiscal Yeardata by YChartsOther risks/considerations with NvidiaI see two big risks for Nvidia at this point in time. The first one is that the slowdown in the GPU market may last for quite some time, meaning Nvidia may have to deal with slowing Gaming segment revenues for more than just one more quarter. This is because thePC market is in a declinewhich affects the shipment of Nvidia's GPUs. Secondly, revenue and earnings estimates, especially after the nightmarish guidance for FQ3'23, will reflect a reset of growth expectations which in itself could lead Nvidia's shares into a new down-leg.Final thoughtsShares of Nvidia dropped 4.6% after the market closed, but I believe the sharpness of the expected revenue decline in FQ3 is not accurately reflected in this drop. The guidance truly is a game-changer because Nvidia's period of hyper-growth is ending.Nvidia's outlook for FQ3'23 revenues was $1.0B below expectations and the company is going through a major post-pandemic reset in the GPU market… which could affect Nvidia's valuation much more severely going forward. As estimates correct to the downside, Nvidia's valuation is set to experience more pressure!","news_type":1},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995799145,"gmtCreate":1661512221789,"gmtModify":1676536532828,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995799145","repostId":"1105502286","repostType":4,"repost":{"id":"1105502286","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1661505602,"share":"https://ttm.financial/m/news/1105502286?lang=&edition=fundamental","pubTime":"2022-08-26 17:20","market":"us","language":"en","title":"Affirm, Gap, Workday, Ulta Beauty And More: U.S. Stocks to Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1105502286","media":"Benzinga","summary":"Gap: The clothing retailer said its customers pulled back during the recent quarter because of risin","content":"<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/GPS\">Gap</a>: The clothing retailer said its customers pulled back during the recent quarter because of rising fuel costs and other inflationary pressures, though its sales beat Wall Street forecasts. Its shares jumped 6.4% premarket.</li><li><a href=\"https://laohu8.com/S/ULTA\">Ulta Beauty</a>: The beauty-store chain reported higher revenue in the recent quarter than analysts had forecast. Its shares added 3% off hours.</li><li><a href=\"https://laohu8.com/S/WDAY\">Workday</a>: The cloud-software company&#39;s shares climbed 11% off hours after it reported higher subscription revenue and said it expects the momentum to continue in the current quarter.</li><li><a href=\"https://laohu8.com/S/AFRM\">Affirm</a>: The company posted a wider-than-expected loss for its fiscal Q4 and worse-than-projected outlook for fiscal 2023. Affirm shares plunged 15% in premarket trading.</li></ul><ul><li><a href=\"https://laohu8.com/S/DELL\">Dell Technologies</a>: The computer-equipment maker reported upbeat earnings for its second quarter, while sales missed estimates.</li><p></p></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Affirm, Gap, Workday, Ulta Beauty And More: U.S. Stocks to Watch</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\">\nAffirm, Gap, Workday, Ulta Beauty And More: U.S. Stocks to Watch\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-08-26 17:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/GPS\">Gap</a>: The clothing retailer said its customers pulled back during the recent quarter because of rising fuel costs and other inflationary pressures, though its sales beat Wall Street forecasts. Its shares jumped 6.4% premarket.</li><li><a href=\"https://laohu8.com/S/ULTA\">Ulta Beauty</a>: The beauty-store chain reported higher revenue in the recent quarter than analysts had forecast. Its shares added 3% off hours.</li><li><a href=\"https://laohu8.com/S/WDAY\">Workday</a>: The cloud-software company&#39;s shares climbed 11% off hours after it reported higher subscription revenue and said it expects the momentum to continue in the current quarter.</li><li><a href=\"https://laohu8.com/S/AFRM\">Affirm</a>: The company posted a wider-than-expected loss for its fiscal Q4 and worse-than-projected outlook for fiscal 2023. Affirm shares plunged 15% in premarket trading.</li></ul><ul><li><a href=\"https://laohu8.com/S/DELL\">Dell Technologies</a>: The computer-equipment maker reported upbeat earnings for its second quarter, while sales missed estimates.</li><p></p></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DELL":"戴尔","AFRM":"Affirm Holdings, Inc.","WDAY":"Workday","ULTA":"Ulta美容"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105502286","content_text":"Gap: The clothing retailer said its customers pulled back during the recent quarter because of rising fuel costs and other inflationary pressures, though its sales beat Wall Street forecasts. Its shares jumped 6.4% premarket.Ulta Beauty: The beauty-store chain reported higher revenue in the recent quarter than analysts had forecast. Its shares added 3% off hours.Workday: The cloud-software company's shares climbed 11% off hours after it reported higher subscription revenue and said it expects the momentum to continue in the current quarter.Affirm: The company posted a wider-than-expected loss for its fiscal Q4 and worse-than-projected outlook for fiscal 2023. Affirm shares plunged 15% in premarket trading.Dell Technologies: The computer-equipment maker reported upbeat earnings for its second quarter, while sales missed estimates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995961155,"gmtCreate":1661394756880,"gmtModify":1676536511218,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995961155","repostId":"1180554159","repostType":4,"repost":{"id":"1180554159","pubTimestamp":1661399881,"share":"https://ttm.financial/m/news/1180554159?lang=&edition=fundamental","pubTime":"2022-08-25 11:58","market":"us","language":"en","title":"What You Need to Know about Tesla’s Stock Split","url":"https://stock-news.laohu8.com/highlight/detail?id=1180554159","media":"TipRanks","summary":"Story HighlightsTesla’s upcoming stock split may offer new opportunities for investors to get in. In","content":"<div>\n<p>Story HighlightsTesla’s upcoming stock split may offer new opportunities for investors to get in. In addition, some of Tesla’s new developments may even justify staying in.The last several months for ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/what-you-need-to-know-about-teslas-nasdaqtsla-stock-split\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What You Need to Know about Tesla’s Stock Split</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat You Need to Know about Tesla’s Stock Split\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 11:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/what-you-need-to-know-about-teslas-nasdaqtsla-stock-split><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsTesla’s upcoming stock split may offer new opportunities for investors to get in. In addition, some of Tesla’s new developments may even justify staying in.The last several months for ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/what-you-need-to-know-about-teslas-nasdaqtsla-stock-split\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.tipranks.com/news/article/what-you-need-to-know-about-teslas-nasdaqtsla-stock-split","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180554159","content_text":"Story HighlightsTesla’s upcoming stock split may offer new opportunities for investors to get in. In addition, some of Tesla’s new developments may even justify staying in.The last several months for electric car maker Tesla (TSLA) have been a long, strange ride. Price changes, stock action, and the ongoing sideshow that is Twitter (TWTR) have made for a stock that has split opinions throughout the ecosystem. Tesla’s latest move, an upcoming stock split, should draw some new interest. Tesla’s newest stock split is set to arrive tomorrow, August 25. The planned stock split is a three-for-one split.Thus, anyone who owns a hundred shares of Tesla will, tomorrow, own 300. Once that kicks in, Tesla shares will start trading at the new price. The new price will be reduced by about two-thirds, at least until it starts trading in earnest.The last 12 months for Tesla shares have been as volatile as you could ask for. Nevertheless, shares are higher during the time period, as last year at this time, a share of Tesla cost just over $700.By early November, that climbed to just over $1,200. A series of drops and rallies followed, up until the low for the year, around $620. It’s recovered since and is now challenging—and likely to beat—the $900 per share mark today.Tesla can be a very attractive stock, but it’s not without its problems. The last time I talked Tesla, I shifted to neutral thanks to a potential stock split. Now that that stock split is about to be a reality, I’m going to shift once again to bullish. The move is likely to succeed at its intended purpose, at least in the short term, and getting in now may be a smart plan.Investor Sentiment isn’t Good for TSLA StockRight now, investor sentiment is not working well in Tesla’s favor. Tesla currently has a 5 out of 10 Smart Score on TipRanks, which is right around the mid-level of Neutral. That means the stock is very slightly more likely to lag the broader market than it is to outperform it.Insider trading, however, is very much cast against Tesla stock. Insider trading at Tesla is extremely sell-weighted, with virtually no buying activity seen in the last 12 months altogether. However, most of the buying activity at Tesla took place in the last three months.In the last three months, there have been two buy transactions but 14 sell transactions. The last 12 months are much more heavily sell-weighted. There were three buy transactions but 95 sell transactions.Much of what’s weighing Tesla down is CEOElon Musk, who sold stock in six different packages 16 days ago. Musk’s selling activity is largely related to the upcoming Twitter deal. If the court cases don’t go his way, he may have no choice but to buy Twitter regardless of how many bots it has in the system.Why Do Companies Split Their Stock?About three years ago, NASDAQ released a study that shows that stocks that split tend to rise immediately after that split takes place. The study found that just announcing a split gooses a stock an average of 2.5%, while the stock itself tends to outperform by about 5% after a full year.Second, the idea works on a functional level. Not only do people like the thought of getting something for nothing—which, essentially, they do in a stock split—but also, it opens up the possibility of new investment.Tesla’s share price may have driven off otherwise-interested investors. It’s hard to justify dropping $1,000 on anything, especially at a time when your job may be at risk, or you’ve got a mortgage payment to make.An economic recession—like the one we’re arguably in now—is just such a time. So for Tesla to basically announce a 66% off sale is likely to draw in interested investors who may now have the means to buy in.However, as some point out, there’s a chance this potential rally in the making may fizzle. After all, there’s not much reason to run a stock split to draw new investors, as many brokerages now allow buyers to buy fractional shares.In addition, there’s the issue of growing competition in Tesla’s primary market of electric cars. With several Chinese firms stepping in, as well as the legacy automakers like Ford (F) and General Motors (GM), Tesla has more businesses pushing to take a piece of its market share.It was one thing when Tesla was the biggest thing in electric cars, even if that was because it was the only thing. Now, electric cars are more readily available.With Tesla actively hampering its own market with all the price hikes, that’s not going to help either. Tesla’s recent price hike on Full Self-Driving software, taking it from $12,000 to $15,000, won’t endear it to potential customers.However, there’s also the matter of Tesla’s side business in electric power. Its batteries have quietly shown up, every so often, at major utilities and even in individual homes. It’s a way for customers to bridge the gap between outages in the broader grid. Tesla has already planned to launch an electricity retail arm in Texas.Given the sheer number of blackouts and brownouts seen lately, along with the rise of work-from-home, that development is certainly welcome.Is Tesla Stock a Buy?Turning to Wall Street, Tesla has a Moderate Buy consensus rating. That’s based on 18 Buys, five Holds, and six Sells assigned in the past three months. The averageTesla price targetof $921.59 implies 3.62% upside potential. Analyst price targets range from a low of $250 per share to a high of $1,580 per share.Conclusion: Short-Term Gains, Long-Term Caution for TSLA StockTesla is in a good position for gains right now, and that’s why I’m bullish. Those who buy ahead of tomorrow’s split will likely see the most out of this development. However, those who do buy in will need to watch it closely for signs of weakness. For the long term, Tesla still has several potential problems to address, but it also has some exciting positives. Given the number of possibilities, it may be worth getting in right now.That’s why I’m shifting to bullish, at least for now. There are quite a few ways to win with Tesla right now, though these may not be around for long.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992506156,"gmtCreate":1661331274677,"gmtModify":1676536498323,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992506156","repostId":"660022894","repostType":1,"repost":{"id":660022894,"gmtCreate":1661330124000,"gmtModify":1676536769575,"author":{"id":"3577852034187700","authorId":"3577852034187700","name":"经济观察报","avatar":"https://static.tigerbbs.com/f64ac2aa784ef0f271ddeb45c7dc72bc","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577852034187700","authorIdStr":"3577852034187700"},"themes":[],"title":"南方多地高溫天氣持續 川渝地區旱情嚴重 部分羣衆飲水困難","htmlText":"針對四川、重慶等地近期較爲嚴重的旱情，相關部門近日啓動四級救災應急響應，並且派出工作組赴實地查看災情，指導和協助地方做好救助工作。川渝旱情總體情況如何？目前受災最嚴重的地區在哪兒？最困難的羣體又是哪些人？ 應急管理部救災和物資保障司一級巡視員 方誌勇：川渝旱災有“一強兩少”的特點，一個是高溫極端性強，第二個是降水少、江河來水少。乾旱造成四川大概20個市125個縣600多萬人受災。目前來看，川南川東川東北等地受災嚴重，其中南充、廣元最爲嚴重，主要是山區，農業人口比較多，離水源比較遠，所以受災比較嚴重。特殊的羣體，留守老人兒童的力量很難去挑水來解決飲水困難，需要政府來提供幫助。還有類似種植業大戶和養殖業大戶，需要用水比較多，水源不夠，也面臨比較大的困難。 （來源：央視新聞客戶端）","listText":"針對四川、重慶等地近期較爲嚴重的旱情，相關部門近日啓動四級救災應急響應，並且派出工作組赴實地查看災情，指導和協助地方做好救助工作。川渝旱情總體情況如何？目前受災最嚴重的地區在哪兒？最困難的羣體又是哪些人？ 應急管理部救災和物資保障司一級巡視員 方誌勇：川渝旱災有“一強兩少”的特點，一個是高溫極端性強，第二個是降水少、江河來水少。乾旱造成四川大概20個市125個縣600多萬人受災。目前來看，川南川東川東北等地受災嚴重，其中南充、廣元最爲嚴重，主要是山區，農業人口比較多，離水源比較遠，所以受災比較嚴重。特殊的羣體，留守老人兒童的力量很難去挑水來解決飲水困難，需要政府來提供幫助。還有類似種植業大戶和養殖業大戶，需要用水比較多，水源不夠，也面臨比較大的困難。 （來源：央視新聞客戶端）","text":"針對四川、重慶等地近期較爲嚴重的旱情，相關部門近日啓動四級救災應急響應，並且派出工作組赴實地查看災情，指導和協助地方做好救助工作。川渝旱情總體情況如何？目前受災最嚴重的地區在哪兒？最困難的羣體又是哪些人？ 應急管理部救災和物資保障司一級巡視員 方誌勇：川渝旱災有“一強兩少”的特點，一個是高溫極端性強，第二個是降水少、江河來水少。乾旱造成四川大概20個市125個縣600多萬人受災。目前來看，川南川東川東北等地受災嚴重，其中南充、廣元最爲嚴重，主要是山區，農業人口比較多，離水源比較遠，所以受災比較嚴重。特殊的羣體，留守老人兒童的力量很難去挑水來解決飲水困難，需要政府來提供幫助。還有類似種植業大戶和養殖業大戶，需要用水比較多，水源不夠，也面臨比較大的困難。 （來源：央視新聞客戶端）","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/660022894","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992508489,"gmtCreate":1661331209743,"gmtModify":1676536498307,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992508489","repostId":"1132746723","repostType":4,"repost":{"id":"1132746723","pubTimestamp":1661355176,"share":"https://ttm.financial/m/news/1132746723?lang=&edition=fundamental","pubTime":"2022-08-24 23:32","market":"us","language":"en","title":"SPY: Don't Trust The Rise, Trust The Numbers","url":"https://stock-news.laohu8.com/highlight/detail?id=1132746723","media":"Seeking Alpha","summary":"SummaryAggregate earnings for the S&P 500 were more or less in line with expectations last quarter, ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Aggregate earnings for the S&amp;P 500 were more or less in line with expectations last quarter, and analysts expect +8% growth.</li><li>Today&#39;s market is at a forward price-earnings ratio of 18.4, which is higher than the historical average and contains much-unwarranted optimism.</li><li>For those with a lower risk profile, taking the last month&#39;s gain is better to increase the share of cash in the portfolio.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9139b90beddc36e6b064f57c6296df07\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>Alistair Berg</span></p><p>Market ups and downs continue to be present, but the results of the leading equity instruments can undoubtedly be considered positive, given the context in which we find ourselves. For us European investors, if we look at the situation with anoverall portfolio view, things have hardly been too bad so far. In fact, in addition to the market recovery of the last month and a half, those who have an investment with a neutral exposure would have a good part of their assets in dollars today because obviously, the companies with the highest capitalization are precisely American. Moreover, we know that the dollar has appreciated enormously against the euro over the past 12 months, contributing to the rapid recovery. But beyond the market results, like every quarter, it&#39;s interesting to understand the market situation and to be able to give some ideas for us as knowledgeable investors who don&#39;t want to be lured by market runs.</p><p><b>Better-than-expected quarter</b></p><p>To analyze the situation, I always like to start with the last quarter&#39;s results. Aggregate earnings for the S&amp;P 500 (NYSEARCA:SPY) were more or less in line with expectations. As we see from the chart, earnings have been revised upward slightly over the past few weeks, but slightly higher than expected earnings around April.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4692b7098c602c344818117c3b58692\" tg-width=\"640\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Refinitiv</span></p><p>The trend is always the same, with the market dragged by energy companies that almost quadrupled their earnings compared to the same quarter last year. In contrast, classic cyclical companies had significant declines, as we can see from the results of the consumer discretionary, financial, and communication services sectors. In fact, excluding energy, earnings growth would be negative year-on-year.</p><p><b>Margins</b></p><p>As noted in the first quarter, marginality is significantly impacted. Aggregate sales grew by more than profits, at +13.7% and +8.8%, excluding energy. From this point of view, the inflation situation certainly had an impact. And here, we can already begin to make a point. In fact, with the latest positive data for the U.S. CPI in July, people have started to snub the inflation-related issue much more in recent weeks. July was undoubtedly a positive month, but one cannot draw too many conclusions from one piece of data. In particular, the number was primarily affected by declines in energy.</p><p>From the energy point of view, the arrival of winter is also underestimated. Unfortunately, geopolitical tensions do not seem to be calming down, and Russia still has the gas weapon, which Europe will certainly still need, at least for the coming winter. In this situation, energy prices can surge again at any time, even given that the strategic oil reserves released by the United States are dwindling. Reserves have reached low levels that have not been seen since 1985. Moreover, the plan is to release these reserves by the United States may the end of next October, bringing further pressure to energy prices.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f064afb9c51f5fbb1b69a3101e118f0\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/><span>EIA</span></p><p><b>Expected profits for the next four quarters</b></p><p>In this situation, do analysts expect the situation to worsen? Not really. Indeed the expectation is for $232.6 in earnings per unit of the S&amp;P 500 over the next four quarters. In general, the expected growth in earnings is about 8% for 2022 and 2023. But we will discuss this in more detail at a later date.</p><p><b>The evaluation of the index</b></p><p>How can one think of a congruous price for the S&amp;P 500? Usually, what is done by the various analysts is to find a congruous multiple for the market, given the earnings expectations. For earnings, we have already had the first perplexities, but taking the $232 expected by analysts as good, is the current multiple precisely congruous with the market situation?</p><p>The market today is at a forward price-earnings ratio of 18.4. How can one tell whether this multiple is appropriate for the market?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/34e183160dc84a4bdbe9e7be065561df\" tg-width=\"640\" tg-height=\"132\" referrerpolicy=\"no-referrer\"/><span>Refinitiv</span></p><p>What is the multiple? The multiple is nothing more than a function of monetary policy and earnings growth:</p><ul><li>As the yield on the bond market grows, through a rise in interest rates, the yield demanded by the stock market will be higher as alternatives are created, such as bond investment.</li><li>Secondly, the country&#39;s overall economic situation, but in particular the growth of the firm&#39;s profits in the index: as with stocks, a market that grows more is more valuable than one that has stagnant or declining profits.</li></ul><p>How is the United States doing in that respect? Well, we know that interest rates have been increased aggressively. However, the 10-year remains at not excessively high levels, more or less in line with what we had been used to seeing between 2013 and 2019. Add to this an inverted yield curve for quite some time now.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/532c2780b72c7ebbf53a68555d0c1f23\" tg-width=\"640\" tg-height=\"350\" referrerpolicy=\"no-referrer\"/><span>Tradingview</span></p><p>Recall that an inverted curve at some points, in this case between 2 and 10 years, can favour depending on the duration and magnitude of a recession. Now, compared to the brief reversal in March, which was talked about so much on social media, but which had no value because of its minimal magnitude and very low duration, we are in a worse situation, with an inversion that has gone up to almost 50 basis points and the situation that has been going on for more than 40 days. On the other hand, is the current multiple justified? Today the forward multiple is at 18.2. In this chart, I show you the various levels of the S&amp;P 500, given the earnings expected by analysts and the historical average of the forward PE over the past 5, 10 and 15 years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e6ac3ab4b8e76b96aa01a5fe5622182\" tg-width=\"640\" tg-height=\"350\" referrerpolicy=\"no-referrer\"/><span>Tradingview</span></p><p>In these cases, the S&amp;P 500 would then have targets of about 4300, 3900, and 3600, respectively. So which of these three numbers can make the most sense if we believe the analysts? If we want to simplify the discussion and base it only on expected earnings growth, we see how, over the past five years, earnings have had an aggregate growth of just over 14%, while over the past ten years, an aggregate growth of 8% per year. Simplifying the whole macro discourse and relying only on expected earnings and expected growth, at present, the 10-year average seems more appropriate than a 5-year average, and this would result in a fair price of 3900 for the S&amp;P 500, still not exaggeratedly lower, a 7% lower than where we are today.</p><p>As we said, we add the risks of analysts&#39; forecasts. But, as we know, many analysts follow market moods rather than venture into projections that might deviate from the outcome. Right now, indeed, what the consensus is showing is a belief that we may get to the so-called &#34;soft landing&#34; that would allow the U.S. economy to pass through the recessionary period without too much trouble, with still expected rising profits. Obviously, with declining profits, there would be, on the one hand, an actual decline in the target price of the S&amp;P 500 and, on the other hand, a decrease in the expected multiples, precisely because of a more negative outlook than expected. This is why forward multiples and the historical average of multiples of the S&amp;P 500 should be taken with caution, especially for those with shorter time horizons.</p><p>To this, we still add the risks of a new worsening of the energy situation and more robust interest rate hikes than expected by the market, which is back in total euphoria, discounting much lighter hikes than may be possible, should inflation data not continue to fall in the coming months.</p><p><b>So what can be done?</b></p><p>To date, I really struggle to be optimistic about the next 6-12 months, and I believe that surprises and pitfalls are just around the corner. How to set up your portfolio according to these ideas is another matter. A lot will depend on your time horizon, risk profile and ability to save against the portfolio. For those with a shorter time horizon (because perhaps they are older, have little savings capacity relative to the portfolio, thus creating little &#34;new&#34; liquidity to invest), and have invested in the declines of the first half of the year, it might indeed make sense to pull the oars in the boat and take some of the gains created by this rally. This is because, in any new market decline, it would help to have part of the portfolio liquid to precisely take advantage of a decline that is certainly possible. But, on the other hand, younger and more risk-averse might stand by and watch because it might make more sense for them to accept that they could see their invested assets fall because it would still be relatively less significant for their higher savings capacity relative to the portfolio&#39;s counter value.</p><p>In short, first and foremost, there is to assess one&#39;s personal, financial and psychological situation, after which to have a strategy for the accumulation and decumulation of liquidity in a situation as volatile as the one we are experiencing in the last year. The important thing is to be clear about why you are investing and not simply try to guess whether the latest rise might be a market reversal or a bear market rally because we will only know that in retrospect anyway.</p><p>A little statistical pill before we close: the S&amp;P 500, from the post-war period to the present, after entering a bear market, and recovering more than 50% of what it had lost before, as happened precisely after this recent market rally, has never collapsed again touching new lows. Will this be the first time this statistic is disproven, or will we not reach new lows? Let me know what your idea is by leaving a comment.</p><p><i>This article was written by Davide Ravera</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPY: Don't Trust The Rise, Trust The Numbers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPY: Don't Trust The Rise, Trust The Numbers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536376-spy-dont-trust-the-rise-trust-the-numbers><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAggregate earnings for the S&P 500 were more or less in line with expectations last quarter, and analysts expect +8% growth.Today's market is at a forward price-earnings ratio of 18.4, which is...</p>\n\n<a href=\"https://seekingalpha.com/article/4536376-spy-dont-trust-the-rise-trust-the-numbers\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4536376-spy-dont-trust-the-rise-trust-the-numbers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132746723","content_text":"SummaryAggregate earnings for the S&P 500 were more or less in line with expectations last quarter, and analysts expect +8% growth.Today's market is at a forward price-earnings ratio of 18.4, which is higher than the historical average and contains much-unwarranted optimism.For those with a lower risk profile, taking the last month's gain is better to increase the share of cash in the portfolio.Alistair BergMarket ups and downs continue to be present, but the results of the leading equity instruments can undoubtedly be considered positive, given the context in which we find ourselves. For us European investors, if we look at the situation with anoverall portfolio view, things have hardly been too bad so far. In fact, in addition to the market recovery of the last month and a half, those who have an investment with a neutral exposure would have a good part of their assets in dollars today because obviously, the companies with the highest capitalization are precisely American. Moreover, we know that the dollar has appreciated enormously against the euro over the past 12 months, contributing to the rapid recovery. But beyond the market results, like every quarter, it's interesting to understand the market situation and to be able to give some ideas for us as knowledgeable investors who don't want to be lured by market runs.Better-than-expected quarterTo analyze the situation, I always like to start with the last quarter's results. Aggregate earnings for the S&P 500 (NYSEARCA:SPY) were more or less in line with expectations. As we see from the chart, earnings have been revised upward slightly over the past few weeks, but slightly higher than expected earnings around April.RefinitivThe trend is always the same, with the market dragged by energy companies that almost quadrupled their earnings compared to the same quarter last year. In contrast, classic cyclical companies had significant declines, as we can see from the results of the consumer discretionary, financial, and communication services sectors. In fact, excluding energy, earnings growth would be negative year-on-year.MarginsAs noted in the first quarter, marginality is significantly impacted. Aggregate sales grew by more than profits, at +13.7% and +8.8%, excluding energy. From this point of view, the inflation situation certainly had an impact. And here, we can already begin to make a point. In fact, with the latest positive data for the U.S. CPI in July, people have started to snub the inflation-related issue much more in recent weeks. July was undoubtedly a positive month, but one cannot draw too many conclusions from one piece of data. In particular, the number was primarily affected by declines in energy.From the energy point of view, the arrival of winter is also underestimated. Unfortunately, geopolitical tensions do not seem to be calming down, and Russia still has the gas weapon, which Europe will certainly still need, at least for the coming winter. In this situation, energy prices can surge again at any time, even given that the strategic oil reserves released by the United States are dwindling. Reserves have reached low levels that have not been seen since 1985. Moreover, the plan is to release these reserves by the United States may the end of next October, bringing further pressure to energy prices.EIAExpected profits for the next four quartersIn this situation, do analysts expect the situation to worsen? Not really. Indeed the expectation is for $232.6 in earnings per unit of the S&P 500 over the next four quarters. In general, the expected growth in earnings is about 8% for 2022 and 2023. But we will discuss this in more detail at a later date.The evaluation of the indexHow can one think of a congruous price for the S&P 500? Usually, what is done by the various analysts is to find a congruous multiple for the market, given the earnings expectations. For earnings, we have already had the first perplexities, but taking the $232 expected by analysts as good, is the current multiple precisely congruous with the market situation?The market today is at a forward price-earnings ratio of 18.4. How can one tell whether this multiple is appropriate for the market?RefinitivWhat is the multiple? The multiple is nothing more than a function of monetary policy and earnings growth:As the yield on the bond market grows, through a rise in interest rates, the yield demanded by the stock market will be higher as alternatives are created, such as bond investment.Secondly, the country's overall economic situation, but in particular the growth of the firm's profits in the index: as with stocks, a market that grows more is more valuable than one that has stagnant or declining profits.How is the United States doing in that respect? Well, we know that interest rates have been increased aggressively. However, the 10-year remains at not excessively high levels, more or less in line with what we had been used to seeing between 2013 and 2019. Add to this an inverted yield curve for quite some time now.TradingviewRecall that an inverted curve at some points, in this case between 2 and 10 years, can favour depending on the duration and magnitude of a recession. Now, compared to the brief reversal in March, which was talked about so much on social media, but which had no value because of its minimal magnitude and very low duration, we are in a worse situation, with an inversion that has gone up to almost 50 basis points and the situation that has been going on for more than 40 days. On the other hand, is the current multiple justified? Today the forward multiple is at 18.2. In this chart, I show you the various levels of the S&P 500, given the earnings expected by analysts and the historical average of the forward PE over the past 5, 10 and 15 years.TradingviewIn these cases, the S&P 500 would then have targets of about 4300, 3900, and 3600, respectively. So which of these three numbers can make the most sense if we believe the analysts? If we want to simplify the discussion and base it only on expected earnings growth, we see how, over the past five years, earnings have had an aggregate growth of just over 14%, while over the past ten years, an aggregate growth of 8% per year. Simplifying the whole macro discourse and relying only on expected earnings and expected growth, at present, the 10-year average seems more appropriate than a 5-year average, and this would result in a fair price of 3900 for the S&P 500, still not exaggeratedly lower, a 7% lower than where we are today.As we said, we add the risks of analysts' forecasts. But, as we know, many analysts follow market moods rather than venture into projections that might deviate from the outcome. Right now, indeed, what the consensus is showing is a belief that we may get to the so-called \"soft landing\" that would allow the U.S. economy to pass through the recessionary period without too much trouble, with still expected rising profits. Obviously, with declining profits, there would be, on the one hand, an actual decline in the target price of the S&P 500 and, on the other hand, a decrease in the expected multiples, precisely because of a more negative outlook than expected. This is why forward multiples and the historical average of multiples of the S&P 500 should be taken with caution, especially for those with shorter time horizons.To this, we still add the risks of a new worsening of the energy situation and more robust interest rate hikes than expected by the market, which is back in total euphoria, discounting much lighter hikes than may be possible, should inflation data not continue to fall in the coming months.So what can be done?To date, I really struggle to be optimistic about the next 6-12 months, and I believe that surprises and pitfalls are just around the corner. How to set up your portfolio according to these ideas is another matter. A lot will depend on your time horizon, risk profile and ability to save against the portfolio. For those with a shorter time horizon (because perhaps they are older, have little savings capacity relative to the portfolio, thus creating little \"new\" liquidity to invest), and have invested in the declines of the first half of the year, it might indeed make sense to pull the oars in the boat and take some of the gains created by this rally. This is because, in any new market decline, it would help to have part of the portfolio liquid to precisely take advantage of a decline that is certainly possible. But, on the other hand, younger and more risk-averse might stand by and watch because it might make more sense for them to accept that they could see their invested assets fall because it would still be relatively less significant for their higher savings capacity relative to the portfolio's counter value.In short, first and foremost, there is to assess one's personal, financial and psychological situation, after which to have a strategy for the accumulation and decumulation of liquidity in a situation as volatile as the one we are experiencing in the last year. The important thing is to be clear about why you are investing and not simply try to guess whether the latest rise might be a market reversal or a bear market rally because we will only know that in retrospect anyway.A little statistical pill before we close: the S&P 500, from the post-war period to the present, after entering a bear market, and recovering more than 50% of what it had lost before, as happened precisely after this recent market rally, has never collapsed again touching new lows. Will this be the first time this statistic is disproven, or will we not reach new lows? Let me know what your idea is by leaving a comment.This article was written by Davide Ravera","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996489979,"gmtCreate":1661210887393,"gmtModify":1676536472988,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996489979","repostId":"2261766825","repostType":4,"repost":{"id":"2261766825","pubTimestamp":1661209706,"share":"https://ttm.financial/m/news/2261766825?lang=&edition=fundamental","pubTime":"2022-08-23 07:08","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Sharply Lower on Fears of Aggressive Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2261766825","media":"Reuters","summary":"Wall Street ended sharply lower on Monday as investors fretted about a U.S. Federal Reserve gatherin","content":"<html><head></head><body><p>Wall Street ended sharply lower on Monday as investors fretted about a U.S. Federal Reserve gathering later this week in Jackson Hole, Wyoming, that is expected to reinforce a strong commitment by the central bank to stamp out inflation.</p><p>All of 11 S&amp;P 500 sector indexes fell for most of the session, led lower by technology, consumer discretionary and communication services.</p><p>Amazon.com Inc, Nvidia Corp, Microsoft Corp and Tesla Inc all tumbled as the benchmark 10-year U.S. Treasury yield rose past 3% for the first time since July 21.</p><p>Technology and other higher-growth stocks often fall when bond yields rise.</p><p>After a summer rally on Wall Street ended last week, the S&amp;P 500 remains down about 13% so far in 2022, and the Nasdaq is down more than 20%.</p><p>The CBOE Volatility index, Wall Street&#39;s fear gauge, rose to 24.4, its highest in over two weeks.</p><p>Focus is on Fed Chair Jerome Powell&#39;s speech on Friday at the central banking conference in Jackson Hole for further cues on how aggressively the Fed is likely to be with future interest rate hikes.</p><p>&#34;Powell is going to try to sound hawkish to tamp down inflationary expectations and tighten financial conditions. So that&#39;s most likely going to be a negative catalyst for the market,&#34; warned Jay Hatfield, chief investment officer at Infrastructure Capital Management in New York.</p><p>The Fed will probably raise interest rates by 50 basis points in September, according to economists polled by Reuters.</p><p>However, traders are split between a 50 bps hike and a 75 bps hike by the central bank after several policymakers recently pushed back against expectations of a dovish pivot and emphasized the Fed&#39;s commitment to fight against inflation.</p><p>Investors will also be looking for details on the Fed&#39;s plans to reduce its nearly $9 trillion balance sheet, a process that started in June.</p><p>According to preliminary data, the S&amp;P 500 lost 89.65 points, or 2.12%, to end at 4,138.83 points, while the Nasdaq Composite lost 320.07 points, or 2.52%, to 12,385.14. The Dow Jones Industrial Average fell 632.72 points, or 1.88%, to 33,074.02.</p><p>Slowdown fears hit markets globally. China&#39;s central bank trimmed some key lending rates on Monday in a bid to support a slowing economy and a stressed housing sector.</p><p>Also bleeding into negative sentiment on Wall Street, European shares dropped after Russia&#39;s Gazprom said last week it would halt natural gas supplies to Europe for three days at the end of August.</p><p>AMC Entertainment Holdings Inc tumbled after the cinema chain&#39;s preferred stock listing started trading and its UK-based rival Cineworld Group warned of a possible bankruptcy filing.</p><p>Signify Health Inc surged following a report on Sunday that UnitedHealth Group Inc, Amazon, CVS Health Corp and <a href=\"https://laohu8.com/S/OPCH\">Option Care Health Inc</a> were bidding to acquire the company.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Sharply Lower on Fears of Aggressive Fed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Ends Sharply Lower on Fears of Aggressive Fed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-23 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-street-ends-200110143.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street ended sharply lower on Monday as investors fretted about a U.S. Federal Reserve gathering later this week in Jackson Hole, Wyoming, that is expected to reinforce a strong commitment by the...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-ends-200110143.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-ends-200110143.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261766825","content_text":"Wall Street ended sharply lower on Monday as investors fretted about a U.S. Federal Reserve gathering later this week in Jackson Hole, Wyoming, that is expected to reinforce a strong commitment by the central bank to stamp out inflation.All of 11 S&P 500 sector indexes fell for most of the session, led lower by technology, consumer discretionary and communication services.Amazon.com Inc, Nvidia Corp, Microsoft Corp and Tesla Inc all tumbled as the benchmark 10-year U.S. Treasury yield rose past 3% for the first time since July 21.Technology and other higher-growth stocks often fall when bond yields rise.After a summer rally on Wall Street ended last week, the S&P 500 remains down about 13% so far in 2022, and the Nasdaq is down more than 20%.The CBOE Volatility index, Wall Street's fear gauge, rose to 24.4, its highest in over two weeks.Focus is on Fed Chair Jerome Powell's speech on Friday at the central banking conference in Jackson Hole for further cues on how aggressively the Fed is likely to be with future interest rate hikes.\"Powell is going to try to sound hawkish to tamp down inflationary expectations and tighten financial conditions. So that's most likely going to be a negative catalyst for the market,\" warned Jay Hatfield, chief investment officer at Infrastructure Capital Management in New York.The Fed will probably raise interest rates by 50 basis points in September, according to economists polled by Reuters.However, traders are split between a 50 bps hike and a 75 bps hike by the central bank after several policymakers recently pushed back against expectations of a dovish pivot and emphasized the Fed's commitment to fight against inflation.Investors will also be looking for details on the Fed's plans to reduce its nearly $9 trillion balance sheet, a process that started in June.According to preliminary data, the S&P 500 lost 89.65 points, or 2.12%, to end at 4,138.83 points, while the Nasdaq Composite lost 320.07 points, or 2.52%, to 12,385.14. The Dow Jones Industrial Average fell 632.72 points, or 1.88%, to 33,074.02.Slowdown fears hit markets globally. China's central bank trimmed some key lending rates on Monday in a bid to support a slowing economy and a stressed housing sector.Also bleeding into negative sentiment on Wall Street, European shares dropped after Russia's Gazprom said last week it would halt natural gas supplies to Europe for three days at the end of August.AMC Entertainment Holdings Inc tumbled after the cinema chain's preferred stock listing started trading and its UK-based rival Cineworld Group warned of a possible bankruptcy filing.Signify Health Inc surged following a report on Sunday that UnitedHealth Group Inc, Amazon, CVS Health Corp and Option Care Health Inc were bidding to acquire the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996851835,"gmtCreate":1661147978029,"gmtModify":1676536462363,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"I","listText":"I","text":"I","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996851835","repostId":"2260557300","repostType":4,"repost":{"id":"2260557300","pubTimestamp":1661147480,"share":"https://ttm.financial/m/news/2260557300?lang=&edition=fundamental","pubTime":"2022-08-22 13:51","market":"us","language":"en","title":"Better Bear Market Buy: Apple vs. Microsoft","url":"https://stock-news.laohu8.com/highlight/detail?id=2260557300","media":"Motley Fool","summary":"Which of these industry-leading tech giants will deliver better returns?","content":"<html><head></head><body><p><b>Apple</b> and <b>Microsoft</b> are two titans of the technology industry -- and two of the largest companies in the world. While Microsoft generates most of its revenue from its software businesses, Apple&#39;s bread and butter has historically been its mobile hardware products. Which of these big tech leaders is the better buy right now?</p><p>Read on to see why two Motley Fool contributors come down on different sides of the issue.</p><h2>Apple has been innovating for decades</h2><p><b>Parkev Tatevosian: </b>Apple is one of the most iconic businesses in the world. It has achieved that status by repeatedly creating innovative products, including the iPhone, iPod, iPad, Apple Watch, and AirPods. This history of innovation is one of the primary reasons to invest in Apple. It would be a less lucrative stock if its only claim to fame were the iPhone. Multiple products with billions in sales show evidence of a capability to repeatedly deliver products consumers love.</p><p>That skill has helped Apple grow from $156 billion in revenue in 2012 to $366 billion in sales in 2021. Consumers so desire its items that they command premium prices, allowing Apple&#39;s operating income to explode from $55 billion to $109 billion in that same time. An added benefit to shareholders is that Apple has developed a sticky ecosystem.</p><p>Once customers buy an iPhone and customize it to their liking, they are less likely to switch to another brand when upgrading. A switch could mean losing content, playlists, and preferences that some spend hours personalizing.</p><p>The one reason to hesitate before buying Apple stock is that its excellent prospects are no secret to the market. Apple&#39;s stock is trading at a relatively expensive valuation at a price-to-earnings ratio of 28.6 and a price-to-free-cash-flow ratio of 26.5.</p><p><img src=\"https://static.tigerbbs.com/b66087431550521193ca5f84590b8a62\" tg-width=\"720\" tg-height=\"463\" referrerpolicy=\"no-referrer\"/></p><p>AAPL Price to Free Cash Flow data by YCharts.</p><p>Those are near the higher end of its historical averages along those metrics. Still, paying a small premium for an excellent business can deliver exceptional returns for investors in the long run.</p><h2>Microsoft: The software giant is built for the future</h2><p><b>Keith Noonan: </b>Apple&#39;s hardware business, associated software ecosystem, and brand strength are undeniably fantastic, but I think that Microsoft&#39;s greater focus on software makes it a better play for the long term. Growth for cloud-based applications and services is still just getting started, and Microsoft is poised to benefit as companies carry out digital-transformation initiatives and adopt and launch new software.</p><p>Microsoft&#39;s Azure cloud infrastructure service stands as one of the largest and most profitable offerings in the category, and it has a huge runway for profitable growth over the long term. Despite the somewhat challenging macroeconomic backdrop, Microsoft reported that it added record numbers of new contracts in the greater-than-$100-million and greater-than-$1-billion categories last quarter.</p><p>Cloud infrastructure is a secular growth market, and Azure&#39;s strengths have Microsoft poised to benefit from its long-term expansion. Spending on digital transformation initiatives and migration to the cloud will still continue even if economic conditions are unfavorable in the near term, and I think this dynamic gives Microsoft an edge over Apple at today&#39;s prices.</p><p>Apple has been able to generate fantastic margins on mobile hardware, and its user base spends far more on app purchases compared to users of <b>Alphabet</b>&#39;s Android operating system. However, the company&#39;s heavy reliance on hardware sales could make growth harder to deliver going forward -- particularly if attempts to branch into new product categories don&#39;t prove successful.</p><h2>Which big tech giant should you buy today?</h2><p>For investors who are confident in the long-term growth of the technology sector, investing in both Microsoft and Apple could be the right play. Otherwise, choosing between the two tech giants should come down to which company&#39;s respective product offerings and growth opportunities you think look stronger.</p><p>If you&#39;re aiming to benefit from the evolution of cloud infrastructure and productivity software services, Microsoft is probably the better fit. However, if you see more promise in Apple&#39;s high-margin hardware and evolving software and services ecosystem, the iPhone company&#39;s stock should be an obvious portfolio addition.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Better Bear Market Buy: Apple vs. Microsoft</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\">\nBetter Bear Market Buy: Apple vs. Microsoft\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-22 13:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/20/better-bear-market-buy-apple-vs-microsoft/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple and Microsoft are two titans of the technology industry -- and two of the largest companies in the world. While Microsoft generates most of its revenue from its software businesses, Apple's ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/20/better-bear-market-buy-apple-vs-microsoft/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2022/08/20/better-bear-market-buy-apple-vs-microsoft/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260557300","content_text":"Apple and Microsoft are two titans of the technology industry -- and two of the largest companies in the world. While Microsoft generates most of its revenue from its software businesses, Apple's bread and butter has historically been its mobile hardware products. Which of these big tech leaders is the better buy right now?Read on to see why two Motley Fool contributors come down on different sides of the issue.Apple has been innovating for decadesParkev Tatevosian: Apple is one of the most iconic businesses in the world. It has achieved that status by repeatedly creating innovative products, including the iPhone, iPod, iPad, Apple Watch, and AirPods. This history of innovation is one of the primary reasons to invest in Apple. It would be a less lucrative stock if its only claim to fame were the iPhone. Multiple products with billions in sales show evidence of a capability to repeatedly deliver products consumers love.That skill has helped Apple grow from $156 billion in revenue in 2012 to $366 billion in sales in 2021. Consumers so desire its items that they command premium prices, allowing Apple's operating income to explode from $55 billion to $109 billion in that same time. An added benefit to shareholders is that Apple has developed a sticky ecosystem.Once customers buy an iPhone and customize it to their liking, they are less likely to switch to another brand when upgrading. A switch could mean losing content, playlists, and preferences that some spend hours personalizing.The one reason to hesitate before buying Apple stock is that its excellent prospects are no secret to the market. Apple's stock is trading at a relatively expensive valuation at a price-to-earnings ratio of 28.6 and a price-to-free-cash-flow ratio of 26.5.AAPL Price to Free Cash Flow data by YCharts.Those are near the higher end of its historical averages along those metrics. Still, paying a small premium for an excellent business can deliver exceptional returns for investors in the long run.Microsoft: The software giant is built for the futureKeith Noonan: Apple's hardware business, associated software ecosystem, and brand strength are undeniably fantastic, but I think that Microsoft's greater focus on software makes it a better play for the long term. Growth for cloud-based applications and services is still just getting started, and Microsoft is poised to benefit as companies carry out digital-transformation initiatives and adopt and launch new software.Microsoft's Azure cloud infrastructure service stands as one of the largest and most profitable offerings in the category, and it has a huge runway for profitable growth over the long term. Despite the somewhat challenging macroeconomic backdrop, Microsoft reported that it added record numbers of new contracts in the greater-than-$100-million and greater-than-$1-billion categories last quarter.Cloud infrastructure is a secular growth market, and Azure's strengths have Microsoft poised to benefit from its long-term expansion. Spending on digital transformation initiatives and migration to the cloud will still continue even if economic conditions are unfavorable in the near term, and I think this dynamic gives Microsoft an edge over Apple at today's prices.Apple has been able to generate fantastic margins on mobile hardware, and its user base spends far more on app purchases compared to users of Alphabet's Android operating system. However, the company's heavy reliance on hardware sales could make growth harder to deliver going forward -- particularly if attempts to branch into new product categories don't prove successful.Which big tech giant should you buy today?For investors who are confident in the long-term growth of the technology sector, investing in both Microsoft and Apple could be the right play. Otherwise, choosing between the two tech giants should come down to which company's respective product offerings and growth opportunities you think look stronger.If you're aiming to benefit from the evolution of cloud infrastructure and productivity software services, Microsoft is probably the better fit. However, if you see more promise in Apple's high-margin hardware and evolving software and services ecosystem, the iPhone company's stock should be an obvious portfolio addition.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9058678829,"gmtCreate":1654835913562,"gmtModify":1676535520350,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K//<a href=\"https://ttm.financial/U/3559581955535845\">@koolgal</a>:Happy Birthday Tiger Brokers!&nbsp; You have come a lot way and established yourself as a world class online brokerage service that rivals many of your competitors.&nbsp; Thank you for making my investing experience so rewarding and fulfilling through your excellent service and innovative Tiger App.&nbsp; Most importantly thank you for&nbsp;&nbsp;creating such&nbsp;a wonderful community of Tiger Friends.Investing is like a baby learning how to walk.&nbsp; At first the baby crawls and then take tentative steps before progressing to be able to walk.&nbsp; &nbsp;My journey with Tiger Brokers began in 2020 because a kind friend introduced me to Tiger.&nbsp; Back then I received a 100 dollars voucher to get started.&nbsp; &nbsp;","listText":"K//<a href=\"https://ttm.financial/U/3559581955535845\">@koolgal</a>:Happy Birthday Tiger Brokers!&nbsp; You have come a lot way and established yourself as a world class online brokerage service that rivals many of your competitors.&nbsp; Thank you for making my investing experience so rewarding and fulfilling through your excellent service and innovative Tiger App.&nbsp; Most importantly thank you for&nbsp;&nbsp;creating such&nbsp;a wonderful community of Tiger Friends.Investing is like a baby learning how to walk.&nbsp; At first the baby crawls and then take tentative steps before progressing to be able to walk.&nbsp; &nbsp;My journey with Tiger Brokers began in 2020 because a kind friend introduced me to Tiger.&nbsp; Back then I received a 100 dollars voucher to get started.&nbsp; &nbsp;","text":"K//@koolgal:Happy Birthday Tiger Brokers! You have come a lot way and established yourself as a world class online brokerage service that rivals many of your competitors. Thank you for making my investing experience so rewarding and fulfilling through your excellent service and innovative Tiger App. Most importantly thank you for creating such a wonderful community of Tiger Friends.Investing is like a baby learning how to walk. At first the baby crawls and then take tentative steps before progressing to be able to walk. My journey with Tiger Brokers began in 2020 because a kind friend introduced me to Tiger. Back then I received a 100 dollars voucher to get started.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":23,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058678829","repostId":"9058607649","repostType":1,"repost":{"id":9058607649,"gmtCreate":1654826090476,"gmtModify":1676535518147,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"[8th Anniversary] Share Your Story with Tiger, Win Tiger Coins","htmlText":"Hi Tigers,Tomorrow is Tiger's 8th birthday. I would like to invite you to participate in the activity. Please leave a message in the comment section of this post, and share your story with Tiger, you will Win Tiger Coins and get a chance to win a special Tiger gift.🐯🐯🐯🐯🐯🐯💡Here are our topicsLeave a message in the comment section of this post, and share your story with Tiger, Why did you choose Tiger？ What was your first post? What was the first stock you like/ traded? 🎁Prizes All Tigers who comment on this post will receive 50 Tiger Coins. All Tigers who repost and tag their friends in the comment section will receive 10 Tiger Coins for each friend who participates in this event ( Up to 30 friends). All Tigers who write posts containing more than 300 characters will receive 300 Tiger Coins","listText":"Hi Tigers,Tomorrow is Tiger's 8th birthday. I would like to invite you to participate in the activity. Please leave a message in the comment section of this post, and share your story with Tiger, you will Win Tiger Coins and get a chance to win a special Tiger gift.🐯🐯🐯🐯🐯🐯💡Here are our topicsLeave a message in the comment section of this post, and share your story with Tiger, Why did you choose Tiger？ What was your first post? What was the first stock you like/ traded? 🎁Prizes All Tigers who comment on this post will receive 50 Tiger Coins. All Tigers who repost and tag their friends in the comment section will receive 10 Tiger Coins for each friend who participates in this event ( Up to 30 friends). All Tigers who write posts containing more than 300 characters will receive 300 Tiger Coins","text":"Hi Tigers,Tomorrow is Tiger's 8th birthday. I would like to invite you to participate in the activity. Please leave a message in the comment section of this post, and share your story with Tiger, you will Win Tiger Coins and get a chance to win a special Tiger gift.🐯🐯🐯🐯🐯🐯💡Here are our topicsLeave a message in the comment section of this post, and share your story with Tiger, Why did you choose Tiger？ What was your first post? What was the first stock you like/ traded? 🎁Prizes All Tigers who comment on this post will receive 50 Tiger Coins. All Tigers who repost and tag their friends in the comment section will receive 10 Tiger Coins for each friend who participates in this event ( Up to 30 friends). All Tigers who write posts containing more than 300 characters will receive 300 Tiger Coins","images":[{"img":"https://community-static.tradeup.com/news/1ee5b312aebd6c9f5a4070ac612d3d1c","width":"1052","height":"1444"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058607649","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":632,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9084928581,"gmtCreate":1650797359243,"gmtModify":1676534794738,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K//<a href=\"https://ttm.financial/U/3566385558470298\">@Venus_M</a>:🦋 Come join @HelenJanet @JoeLeong @Soyabean89 @Enereskob @爱上投资学 @SGT @俏妞儿S @PJoo @Gackky @Wayneqq @MHh @Boo2020 @Huangyulee @Joker_Smile @RDPD富爸穷爸 @EndoGoh @SR050321 @Kaixiang @DiAngel @滚股怪 @rL @LWKJKK @breAkdaWn @Yan23 @khikho @DinoLim @Power1 @kungpao @Zaczai @Jadenkho&nbsp;@沙隆巴斯對你股票使用黑卡 @ToughCoyote @Fenger1188 @Furore @ariesyn @䛘賀worldview @StarLuck @Sheng Soon @setia100 @Sheepysheep @Bonta&nbsp;","listText":"K//<a href=\"https://ttm.financial/U/3566385558470298\">@Venus_M</a>:🦋 Come join @HelenJanet @JoeLeong @Soyabean89 @Enereskob @爱上投资学 @SGT @俏妞儿S @PJoo @Gackky @Wayneqq @MHh @Boo2020 @Huangyulee @Joker_Smile @RDPD富爸穷爸 @EndoGoh @SR050321 @Kaixiang @DiAngel @滚股怪 @rL @LWKJKK @breAkdaWn @Yan23 @khikho @DinoLim @Power1 @kungpao @Zaczai @Jadenkho&nbsp;@沙隆巴斯對你股票使用黑卡 @ToughCoyote @Fenger1188 @Furore @ariesyn @䛘賀worldview @StarLuck @Sheng Soon @setia100 @Sheepysheep @Bonta&nbsp;","text":"K//@Venus_M:🦋 Come join @HelenJanet @JoeLeong @Soyabean89 @Enereskob @爱上投资学 @SGT @俏妞儿S @PJoo @Gackky @Wayneqq @MHh @Boo2020 @Huangyulee @Joker_Smile @RDPD富爸穷爸 @EndoGoh @SR050321 @Kaixiang @DiAngel @滚股怪 @rL @LWKJKK @breAkdaWn @Yan23 @khikho @DinoLim @Power1 @kungpao @Zaczai @Jadenkho @沙隆巴斯對你股票使用黑卡 @ToughCoyote @Fenger1188 @Furore @ariesyn @䛘賀worldview @StarLuck @Sheng Soon @setia100 @Sheepysheep @Bonta","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":26,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084928581","repostId":"9084029981","repostType":1,"repost":{"id":9084029981,"gmtCreate":1650779230152,"gmtModify":1676534791946,"author":{"id":"3501196737273098","authorId":"3501196737273098","name":"Tiger_comments","avatar":"https://community-static.tradeup.com/news/227887b200e9925968650d5db4a8bfb3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3501196737273098","authorIdStr":"3501196737273098"},"themes":[],"title":"World Book Day: 3 Inspration Books I Want to Share","htmlText":"How long have you been without reading? Do you remember the last time you read a book, where was it? Is it in an elegant and fragrant coffee shop? Or at home some afternoon? How long has it been since you walked into&nbsp;a library? “I was busy with work and had a lot of things to do. Every time I was about to pick up a book, I was always interrupted by various things……”.&nbsp;Is&nbsp;that&nbsp;you？ In fact, for those who really love books, no matter when and where, they can always find a corner where they can enjoy the fragrance of books. At&nbsp;World Book Day,&nbsp;I have prepared several book lists, some of which I love, and some that I have collected and prepared to read, to share with you~ The first book: \"Poor Dad Rich Dad\" by Robert T. Kiyosaki&nbsp;and&nbsp;Sharon Lechter. This bo","listText":"How long have you been without reading? Do you remember the last time you read a book, where was it? Is it in an elegant and fragrant coffee shop? Or at home some afternoon? How long has it been since you walked into&nbsp;a library? “I was busy with work and had a lot of things to do. Every time I was about to pick up a book, I was always interrupted by various things……”.&nbsp;Is&nbsp;that&nbsp;you？ In fact, for those who really love books, no matter when and where, they can always find a corner where they can enjoy the fragrance of books. At&nbsp;World Book Day,&nbsp;I have prepared several book lists, some of which I love, and some that I have collected and prepared to read, to share with you~ The first book: \"Poor Dad Rich Dad\" by Robert T. Kiyosaki&nbsp;and&nbsp;Sharon Lechter. This bo","text":"How long have you been without reading? Do you remember the last time you read a book, where was it? Is it in an elegant and fragrant coffee shop? Or at home some afternoon? How long has it been since you walked into a library? “I was busy with work and had a lot of things to do. Every time I was about to pick up a book, I was always interrupted by various things……”. Is that you？ In fact, for those who really love books, no matter when and where, they can always find a corner where they can enjoy the fragrance of books. At World Book Day, I have prepared several book lists, some of which I love, and some that I have collected and prepared to read, to share with you~ The first book: \"Poor Dad Rich Dad\" by Robert T. Kiyosaki and Sharon Lechter. This bo","images":[{"img":"https://community-static.tradeup.com/news/6574a282101192e4bb77d40d8743437f","width":"1698","height":"2560"},{"img":"https://community-static.tradeup.com/news/776b5ee0795d668a55ae9d17af393ff3","width":"1615","height":"2440"},{"img":"https://community-static.tradeup.com/news/86608de33e9bae0f28d46c8441d84276","width":"325","height":"499"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084029981","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807807955,"gmtCreate":1628024511377,"gmtModify":1703499678991,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"Totally agreed","listText":"Totally agreed","text":"Totally agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/807807955","repostId":"1171505764","repostType":4,"repost":{"id":"1171505764","pubTimestamp":1628004619,"share":"https://ttm.financial/m/news/1171505764?lang=&edition=fundamental","pubTime":"2021-08-03 23:30","market":"us","language":"en","title":"Apple’s Advertising Business Is Bigger Than You Think. It Could Get Bigger Still.","url":"https://stock-news.laohu8.com/highlight/detail?id=1171505764","media":"MarketWatch","summary":"Apple’smove to kill off the Identifier for Advertisers system on the iPhone hasinfuriated Facebookand other companies that rely on the ability to track consumer behavior so they can sell targeted advertising.The decision has created the impression that Apple  is simply opposed to digital advertising. But that’s not actually the case. In fact, advertising is gradually becoming a material contributor to the company’s revenue base.In a research note Tuesday, Bernstein analystToni Sacconaghidoes a d","content":"<p>Apple’smove to kill off the Identifier for Advertisers system on the iPhone hasinfuriated Facebookand other companies that rely on the ability to track consumer behavior so they can sell targeted advertising.</p>\n<p>The decision has created the impression that Apple (ticker: AAPL) is simply opposed to digital advertising. But that’s not actually the case. In fact, advertising is gradually becoming a material contributor to the company’s revenue base.</p>\n<p>In a research note Tuesday, Bernstein analystToni Sacconaghidoes a deep dive into Apple’s ad business. While the company doesn’t talk about the business much andprovides little disclosure, Sacconaghi estimates that Apple will generate about $3 billion in ad revenue in the September 2021 fiscal year, up from about $300 million in fiscal 2017. He thinks the total could grow to the $7 billion-to-$10 billion-a-year range by fiscal 2023 or 2024, boosting growth in Apple’s services business as much as three percentage points.</p>\n<p>Sacconaghi notes that most of Apple’s ad business is centered on search ads in the App Store. He says growth drivers in the business include the June addition of search ads in China, higher ad loads, and the introduction of banner ads to the store in May. He also points out that Apple generates modest revenue today—likely under $500 million a year—from ads in the Apple News and Stocks apps.</p>\n<p>There are other opportunities—including Apple Maps and Apple TV. Sacconaghi estimates that Google generates about $4 billion in ad revenue a year from Maps, with a user base about four times the size, suggesting $1 billion a year in potential ad revenue. And he says that the streaming-device companyRoku (ROKU)provides “a helpful precedent” for how Apple can generate revenue from Apple TV hardware—where he sees another $1 billion-plus opportunity.</p>\n<p>The analyst adds that Apple could place ads on other properties—like Apple Fitness+ and Garage Band—but that the adoption of advertising in applications like Apple Mail, Apple TV+, or Apple’s home screens likely would “irk consumers and undermine Apple’s strongly avowed stance on privacy.”</p>\n<p>Meanwhile, Sacconaghi says, Apple’s position on Identifier for Advertisers, or IDFA, offers the company some competitive advantages. “While we believe that Apple’s move to eliminate IDFA was done in the spirit of advancing consumer privacy, it may ultimately provide Apple with an advertising platform that is competitively advantaged vs. peers who don’t have access to Apple’s richer APIs,” he writes.</p>\n<p>The analyst notes thatAmazon.com‘s (AMZN) ad business was similar in size to Apple’s in 2017—and now has a run rate north of $25 billion and is a substantial part of the investment thesis on the stock. “Along similar lines, a large and growing advertising business could help Apple accelerate its overall Services growth rate, which would likely be viewed positively by investors,” he concludes.</p>\n<p>Apple shares were up 0.1%, at $145.72, in recent trading. TheS&amp;P 500was down fractionally.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple’s Advertising Business Is Bigger Than You Think. It Could Get Bigger Still.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple’s Advertising Business Is Bigger Than You Think. It Could Get Bigger Still.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/apples-advertising-business-is-bigger-than-you-think-it-could-get-bigger-still-51628004419?mod=mw_latestnews><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple’smove to kill off the Identifier for Advertisers system on the iPhone hasinfuriated Facebookand other companies that rely on the ability to track consumer behavior so they can sell targeted ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/apples-advertising-business-is-bigger-than-you-think-it-could-get-bigger-still-51628004419?mod=mw_latestnews\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.marketwatch.com/articles/apples-advertising-business-is-bigger-than-you-think-it-could-get-bigger-still-51628004419?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1171505764","content_text":"Apple’smove to kill off the Identifier for Advertisers system on the iPhone hasinfuriated Facebookand other companies that rely on the ability to track consumer behavior so they can sell targeted advertising.\nThe decision has created the impression that Apple (ticker: AAPL) is simply opposed to digital advertising. But that’s not actually the case. In fact, advertising is gradually becoming a material contributor to the company’s revenue base.\nIn a research note Tuesday, Bernstein analystToni Sacconaghidoes a deep dive into Apple’s ad business. While the company doesn’t talk about the business much andprovides little disclosure, Sacconaghi estimates that Apple will generate about $3 billion in ad revenue in the September 2021 fiscal year, up from about $300 million in fiscal 2017. He thinks the total could grow to the $7 billion-to-$10 billion-a-year range by fiscal 2023 or 2024, boosting growth in Apple’s services business as much as three percentage points.\nSacconaghi notes that most of Apple’s ad business is centered on search ads in the App Store. He says growth drivers in the business include the June addition of search ads in China, higher ad loads, and the introduction of banner ads to the store in May. He also points out that Apple generates modest revenue today—likely under $500 million a year—from ads in the Apple News and Stocks apps.\nThere are other opportunities—including Apple Maps and Apple TV. Sacconaghi estimates that Google generates about $4 billion in ad revenue a year from Maps, with a user base about four times the size, suggesting $1 billion a year in potential ad revenue. And he says that the streaming-device companyRoku (ROKU)provides “a helpful precedent” for how Apple can generate revenue from Apple TV hardware—where he sees another $1 billion-plus opportunity.\nThe analyst adds that Apple could place ads on other properties—like Apple Fitness+ and Garage Band—but that the adoption of advertising in applications like Apple Mail, Apple TV+, or Apple’s home screens likely would “irk consumers and undermine Apple’s strongly avowed stance on privacy.”\nMeanwhile, Sacconaghi says, Apple’s position on Identifier for Advertisers, or IDFA, offers the company some competitive advantages. “While we believe that Apple’s move to eliminate IDFA was done in the spirit of advancing consumer privacy, it may ultimately provide Apple with an advertising platform that is competitively advantaged vs. peers who don’t have access to Apple’s richer APIs,” he writes.\nThe analyst notes thatAmazon.com‘s (AMZN) ad business was similar in size to Apple’s in 2017—and now has a run rate north of $25 billion and is a substantial part of the investment thesis on the stock. “Along similar lines, a large and growing advertising business could help Apple accelerate its overall Services growth rate, which would likely be viewed positively by investors,” he concludes.\nApple shares were up 0.1%, at $145.72, in recent trading. TheS&P 500was down fractionally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032157227,"gmtCreate":1647311568329,"gmtModify":1676534215432,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032157227","repostId":"2219209972","repostType":4,"repost":{"id":"2219209972","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1647297540,"share":"https://ttm.financial/m/news/2219209972?lang=&edition=fundamental","pubTime":"2022-03-15 06:39","market":"us","language":"en","title":"Tech, Growth Stocks Lead Wall Street to Lower Close as Investors Focus on Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=2219209972","media":"Reuters","summary":"* Financial shares higher* Energy shares slip as Brent falls* All eyes on Fed policy meeting* Indexe","content":"<html><head></head><body><p>* Financial shares higher</p><p>* Energy shares slip as Brent falls</p><p>* All eyes on Fed policy meeting</p><p>* Indexes: Dow flat, S&amp;P 500 down 0.7%, Nasdaq down 2%</p><p>NEW YORK, March 14 (Reuters) - Major U.S. stock indexes closed mostly lower on Monday, led by a more than 2% drop in Nasdaq, as investors sold tech and big growth names ahead of this week&#39;s Federal Reserve meeting and an expected hike in interest rates.</p><p>The Dow ended flat, with financial and healthcare shares giving the index some support.</p><p>Developments in the Ukraine-Russia conflict added to investor caution as Russian and Ukrainian delegations held a fourth round of talks on Monday, but no progress was announced, while Russian forces allowed a first convoy of cars to escape Ukraine&#39;s besieged port of Mariupol.</p><p>Apple Inc shares fell 2.7% and weighed the most on the S&amp;P 500 and Nasdaq after its supplier Hon Hai Precision Industry Co Ltd, known as Foxconn, suspended operations in China&#39;s Shenzhen amid rising COVID-19 cases.</p><p>The Fed is expected to raise interest rates for the first time in three years Wednesday in an effort to combat rising inflation.</p><p>&#34;We&#39;re seeing that rotation into value and away from growth, and a lot of that is tied to what&#39;s happening to interest rates,&#34; said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p><p>&#34;Equity markets are going to be challenged going forward, and today is yet another example of that.&#34;</p><p>The technology sector and consumer discretionary were the biggest drags on the S&amp;P 500. Higher interest rates are a negative for tech and growth stocks because their valuations rely more heavily on future cash flows.</p><p>The Dow Jones Industrial Average rose 1.05 points to 32,945.24, the S&amp;P 500 lost 31.2 points, or 0.74%, to 4,173.11 and the Nasdaq Composite dropped 262.59 points, or 2.04%, to 12,581.22.</p><p>The Russell 2000 index of small capitalization stocks fell 1.9% and was down more than 20% from its November record closing high. The Cboe volatility index, also known as Wall Street&#39;s fear gauge, rose.</p><p>The S&amp;P financial index rose 1.3% as U.S. Treasury yields jumped to 2-1/2-year highs. The healthcare sector advanced 0.7%, with UnitedHealth Group up 1%.</p><p>Energy slid 2.9%, as Brent crude fell below $110 a barrel, a week after it rose as high as $139 due to the Ukraine crisis.</p><p>Oil and other commodity prices have shot up following tough Western sanctions against Russia.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.05-to-1 ratio; on Nasdaq, a 2.97-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 11 new 52-week highs and 32 new lows; the Nasdaq Composite recorded 26 new highs and 615 new lows.</p><p>Volume on U.S. exchanges was 14.26 billion shares, compared with the 13.7 billion average for the full session over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech, Growth Stocks Lead Wall Street to Lower Close as Investors Focus on Interest Rates</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\">\nTech, Growth Stocks Lead Wall Street to Lower Close as Investors Focus on Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-03-15 06:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Financial shares higher</p><p>* Energy shares slip as Brent falls</p><p>* All eyes on Fed policy meeting</p><p>* Indexes: Dow flat, S&amp;P 500 down 0.7%, Nasdaq down 2%</p><p>NEW YORK, March 14 (Reuters) - Major U.S. stock indexes closed mostly lower on Monday, led by a more than 2% drop in Nasdaq, as investors sold tech and big growth names ahead of this week&#39;s Federal Reserve meeting and an expected hike in interest rates.</p><p>The Dow ended flat, with financial and healthcare shares giving the index some support.</p><p>Developments in the Ukraine-Russia conflict added to investor caution as Russian and Ukrainian delegations held a fourth round of talks on Monday, but no progress was announced, while Russian forces allowed a first convoy of cars to escape Ukraine&#39;s besieged port of Mariupol.</p><p>Apple Inc shares fell 2.7% and weighed the most on the S&amp;P 500 and Nasdaq after its supplier Hon Hai Precision Industry Co Ltd, known as Foxconn, suspended operations in China&#39;s Shenzhen amid rising COVID-19 cases.</p><p>The Fed is expected to raise interest rates for the first time in three years Wednesday in an effort to combat rising inflation.</p><p>&#34;We&#39;re seeing that rotation into value and away from growth, and a lot of that is tied to what&#39;s happening to interest rates,&#34; said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p><p>&#34;Equity markets are going to be challenged going forward, and today is yet another example of that.&#34;</p><p>The technology sector and consumer discretionary were the biggest drags on the S&amp;P 500. Higher interest rates are a negative for tech and growth stocks because their valuations rely more heavily on future cash flows.</p><p>The Dow Jones Industrial Average rose 1.05 points to 32,945.24, the S&amp;P 500 lost 31.2 points, or 0.74%, to 4,173.11 and the Nasdaq Composite dropped 262.59 points, or 2.04%, to 12,581.22.</p><p>The Russell 2000 index of small capitalization stocks fell 1.9% and was down more than 20% from its November record closing high. The Cboe volatility index, also known as Wall Street&#39;s fear gauge, rose.</p><p>The S&amp;P financial index rose 1.3% as U.S. Treasury yields jumped to 2-1/2-year highs. The healthcare sector advanced 0.7%, with UnitedHealth Group up 1%.</p><p>Energy slid 2.9%, as Brent crude fell below $110 a barrel, a week after it rose as high as $139 due to the Ukraine crisis.</p><p>Oil and other commodity prices have shot up following tough Western sanctions against Russia.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.05-to-1 ratio; on Nasdaq, a 2.97-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 11 new 52-week highs and 32 new lows; the Nasdaq Composite recorded 26 new highs and 615 new lows.</p><p>Volume on U.S. exchanges was 14.26 billion shares, compared with the 13.7 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","BK4079":"房地产服务","BK4581":"高盛持仓",".SPX":"S&P 500 Index","OEX":"标普100","BK4504":"桥水持仓","BK4539":"次新股","COMP":"Compass, Inc.","SDS":"两倍做空标普500ETF","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","IVV":"标普500指数ETF","BK4534":"瑞士信贷持仓","SSO":"两倍做多标普500ETF","OEF":"标普100指数ETF-iShares","SPXU":"三倍做空标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2219209972","content_text":"* Financial shares higher* Energy shares slip as Brent falls* All eyes on Fed policy meeting* Indexes: Dow flat, S&P 500 down 0.7%, Nasdaq down 2%NEW YORK, March 14 (Reuters) - Major U.S. stock indexes closed mostly lower on Monday, led by a more than 2% drop in Nasdaq, as investors sold tech and big growth names ahead of this week's Federal Reserve meeting and an expected hike in interest rates.The Dow ended flat, with financial and healthcare shares giving the index some support.Developments in the Ukraine-Russia conflict added to investor caution as Russian and Ukrainian delegations held a fourth round of talks on Monday, but no progress was announced, while Russian forces allowed a first convoy of cars to escape Ukraine's besieged port of Mariupol.Apple Inc shares fell 2.7% and weighed the most on the S&P 500 and Nasdaq after its supplier Hon Hai Precision Industry Co Ltd, known as Foxconn, suspended operations in China's Shenzhen amid rising COVID-19 cases.The Fed is expected to raise interest rates for the first time in three years Wednesday in an effort to combat rising inflation.\"We're seeing that rotation into value and away from growth, and a lot of that is tied to what's happening to interest rates,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.\"Equity markets are going to be challenged going forward, and today is yet another example of that.\"The technology sector and consumer discretionary were the biggest drags on the S&P 500. Higher interest rates are a negative for tech and growth stocks because their valuations rely more heavily on future cash flows.The Dow Jones Industrial Average rose 1.05 points to 32,945.24, the S&P 500 lost 31.2 points, or 0.74%, to 4,173.11 and the Nasdaq Composite dropped 262.59 points, or 2.04%, to 12,581.22.The Russell 2000 index of small capitalization stocks fell 1.9% and was down more than 20% from its November record closing high. The Cboe volatility index, also known as Wall Street's fear gauge, rose.The S&P financial index rose 1.3% as U.S. Treasury yields jumped to 2-1/2-year highs. The healthcare sector advanced 0.7%, with UnitedHealth Group up 1%.Energy slid 2.9%, as Brent crude fell below $110 a barrel, a week after it rose as high as $139 due to the Ukraine crisis.Oil and other commodity prices have shot up following tough Western sanctions against Russia.Declining issues outnumbered advancing ones on the NYSE by a 3.05-to-1 ratio; on Nasdaq, a 2.97-to-1 ratio favored decliners.The S&P 500 posted 11 new 52-week highs and 32 new lows; the Nasdaq Composite recorded 26 new highs and 615 new lows.Volume on U.S. exchanges was 14.26 billion shares, compared with the 13.7 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9053456431,"gmtCreate":1654576023623,"gmtModify":1676535472124,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053456431","repostId":"1156277271","repostType":4,"repost":{"id":"1156277271","pubTimestamp":1654561042,"share":"https://ttm.financial/m/news/1156277271?lang=&edition=fundamental","pubTime":"2022-06-07 08:17","market":"us","language":"en","title":"Amazon Stock Price Prediction After the Split: Where Will AMZN Go From Here?","url":"https://stock-news.laohu8.com/highlight/detail?id=1156277271","media":"investorplace","summary":"Amazon(AMZN) has enacted its highly anticipated 20-for-1 stock split.AMZN stock is cheap at under $1","content":"<html><head></head><body><ul><li><b>Amazon</b>(<b><u>AMZN</u></b>) has enacted its highly anticipated 20-for-1 stock split.</li><li>AMZN stock is cheap at under $125 currently, but experts aren&#39;t worried.</li><li>Investors now have an opportunity to own shares before Amazon rises again.</li></ul><p><img src=\"https://static.tigerbbs.com/63172eb7ac4af60360c26572dd0f690c\" tg-width=\"1600\" tg-height=\"900\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Source: Jonathan Weiss / Shutterstock.com</p><p>The summer of stock splits is off to a good start. Last Friday, <b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>) enacted its 20-for-1 stock split.</p><p>Currently, AMZN stock trades at just under $125 per share. That’s a much lower price from where it closed before the split. In fact, this is Amazon’slowest level in 25 years, although experts remain unworried. Each time shares of Amazon have split, they have come back stronger. Typically, stock splits are enacted to make shares of a given company more accessible for investors.</p><p><i>InvestorPlace</i>contributor Chris Tyler says buying Amazon stock is “anything but a split decision” now. But Tyler isn’t the only voice calling this a buying opportunity. One expert in particular is<i>quite bullish</i>on shares.</p><h2>AMZN Stock After the Split</h2><p>David Wagner is a portfolio manager atinvestment advisor firm Aptus Capital Advisors. Wagner is also an AMZN shareholder in Aptus exchange-traded funds (ETFs). Following the split, Wagner shared his insights in an email to<i>InvestorPlace</i>:</p><blockquote>“For arguably the first time in 20 years, Amazon has significant excess capacity, and we expect Retail margins to improve from recent lows as utilization scales. An uncertain consumer outlook adds risk, but with [e-commerce] at 15-20% penetration of Retail, y/y [e-commerce] growth trends likely bottoming, and the company seemingly cost focused from here, we see Amazon as well positioned for resumption of [e-commerce] penetration growth.”</blockquote><p>That isn’t the only positive mark Wagner sees for AMZN stock, either. “[T]his stock tends to outperform well when its harvesting instead of investing,” the analyst adds. “And right now, it’s finally harvesting.”</p><p>Wagner does note that stock splits aren’t a guaranteed magic pill to maximize returns for investors. However, he says that “splits lately have been a source of relative alpha.” The analyst and his firm continue to regard AMZN stock with favor, although Aptus would be willing to “pare back” if the share price grew to exceed $150.</p><h2>The Road Ahead for Amazon</h2><p>Stock splits don’t instantly create value for a company. However, they can certainly prove beneficial to investors.</p><p>Back in 2020, <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) announced a stock split,sending shares up 80%between the announcement and actual split date. That type of success has compelled Amazon and otherhigh-growth tech companies to split sharesas well.</p><p>AMZN stock may indeed reach $150 down the line. For now, though, shares are at a great price for small-scale investors looking to buy into the tech behemoth.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Stock Price Prediction After the Split: Where Will AMZN Go From Here?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Stock Price Prediction After the Split: Where Will AMZN Go From Here?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-07 08:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/amazon-stock-price-prediction-after-the-split-where-will-amzn-go-from-here/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon(AMZN) has enacted its highly anticipated 20-for-1 stock split.AMZN stock is cheap at under $125 currently, but experts aren't worried.Investors now have an opportunity to own shares before ...</p>\n\n<a href=\"https://investorplace.com/2022/06/amazon-stock-price-prediction-after-the-split-where-will-amzn-go-from-here/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://investorplace.com/2022/06/amazon-stock-price-prediction-after-the-split-where-will-amzn-go-from-here/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156277271","content_text":"Amazon(AMZN) has enacted its highly anticipated 20-for-1 stock split.AMZN stock is cheap at under $125 currently, but experts aren't worried.Investors now have an opportunity to own shares before Amazon rises again.Source: Jonathan Weiss / Shutterstock.comThe summer of stock splits is off to a good start. Last Friday, Amazon(NASDAQ:AMZN) enacted its 20-for-1 stock split.Currently, AMZN stock trades at just under $125 per share. That’s a much lower price from where it closed before the split. In fact, this is Amazon’slowest level in 25 years, although experts remain unworried. Each time shares of Amazon have split, they have come back stronger. Typically, stock splits are enacted to make shares of a given company more accessible for investors.InvestorPlacecontributor Chris Tyler says buying Amazon stock is “anything but a split decision” now. But Tyler isn’t the only voice calling this a buying opportunity. One expert in particular isquite bullishon shares.AMZN Stock After the SplitDavid Wagner is a portfolio manager atinvestment advisor firm Aptus Capital Advisors. Wagner is also an AMZN shareholder in Aptus exchange-traded funds (ETFs). Following the split, Wagner shared his insights in an email toInvestorPlace:“For arguably the first time in 20 years, Amazon has significant excess capacity, and we expect Retail margins to improve from recent lows as utilization scales. An uncertain consumer outlook adds risk, but with [e-commerce] at 15-20% penetration of Retail, y/y [e-commerce] growth trends likely bottoming, and the company seemingly cost focused from here, we see Amazon as well positioned for resumption of [e-commerce] penetration growth.”That isn’t the only positive mark Wagner sees for AMZN stock, either. “[T]his stock tends to outperform well when its harvesting instead of investing,” the analyst adds. “And right now, it’s finally harvesting.”Wagner does note that stock splits aren’t a guaranteed magic pill to maximize returns for investors. However, he says that “splits lately have been a source of relative alpha.” The analyst and his firm continue to regard AMZN stock with favor, although Aptus would be willing to “pare back” if the share price grew to exceed $150.The Road Ahead for AmazonStock splits don’t instantly create value for a company. However, they can certainly prove beneficial to investors.Back in 2020, Tesla(NASDAQ:TSLA) announced a stock split,sending shares up 80%between the announcement and actual split date. That type of success has compelled Amazon and otherhigh-growth tech companies to split sharesas well.AMZN stock may indeed reach $150 down the line. For now, though, shares are at a great price for small-scale investors looking to buy into the tech behemoth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9009499650,"gmtCreate":1640747455789,"gmtModify":1676533538742,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9009499650","repostId":"1186633322","repostType":4,"repost":{"id":"1186633322","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1640732718,"share":"https://ttm.financial/m/news/1186633322?lang=&edition=fundamental","pubTime":"2021-12-29 07:05","market":"us","language":"en","title":"S&P 500 Ends Lower after Four-Day Rally to Record High","url":"https://stock-news.laohu8.com/highlight/detail?id=1186633322","media":"Reuters","summary":"Dec 28  - The S&P 500closed slightly lower after hitting a record intraday high on Tuesday, as a four-day rally lost steam in thin trading and investors weighed Omicron-driven travel disruptions and store closures.The Centers for Disease Control and Prevention  on Monday shortened the recommended isolation time for Americans with asymptomatic cases of COVID-19 to five days from the previous guidance of 10 days.The update follows approvals for new pills and more vaccines to fight COVID-19. It hel","content":"<p>Dec 28 (Reuters) - The S&amp;P 500(.SPX)closed slightly lower after hitting a record intraday high on Tuesday, as a four-day rally lost steam in thin trading and investors weighed Omicron-driven travel disruptions and store closures.</p>\n<p>The Centers for Disease Control and Prevention (CDC) on Monday shortened the recommended isolation time for Americans with asymptomatic cases of COVID-19 to five days from the previous guidance of 10 days.</p>\n<p>The update follows approvals for new pills and more vaccines to fight COVID-19. It helped investors shrug off concerns over thousands of flight cancellations and <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc(AAPL.O)shutting its <a href=\"https://laohu8.com/S/NWY\">New York</a> stores due to surging cases, and put U.S. stocks on pace for monthly gains.</p>\n<p>\"This is a holiday-shortened week. So daily movements will likely be exaggerated because of a low relative volume,\" said Sam Stovall, chief investment strategist at CFRA Research in <a href=\"https://laohu8.com/S/NYRT\">New York</a>.</p>\n<p>Seven&nbsp;of the 11 major S&amp;P 500 sector indexes rose on Tuesday. Technology(.SPLRCT)and <a href=\"https://laohu8.com/S/JCS\">Communications</a> Services(.SPLRCL)led declines.</p>\n<p>The Dow Jones Industrial Average(.DJI)rose 95.83 points, or 0.26%, to 36,398.21; the S&amp;P 500(.SPX)lost 4.84 points, or 0.10%, to 4,786.35 and the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Composite(.IXIC)dropped 89.54 points, or 0.56%, to 15,781.72.</p>\n<p>In company news, <a href=\"https://laohu8.com/S/BA\">Boeing</a> Co(BA.N)rose 1.46% as Indonesia lifted a ban on its 737 MAX, three years after the crash of <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the aircraft and loss of all 189 people on board.</p>\n<p>Markets are in the seasonal Santa Claus rally, with CFRA Research data showing the S&amp;P 500 has on average risen 1.3% in the last five trading days of the year, and first two days of the new year since 1969.</p>\n<p>\"<a href=\"https://laohu8.com/S/ISBC\">Investors</a> are digesting the gains from the last three days, ... but there are concerns such as how will the Omicron variant affect the market? Would that end up undoing the Santa Claus rally? What about the Fed raising interest rates, could that cause challenges for the year ahead?\" Stovall said.</p>\n<p>The Federal Reserve signaled earlier this month three quarter-percentage-point interest rate hikes by the end of 2022 as the economy nears full employment and the U.S. central bank copes with an inflation surge. L1N2SZ1G5</p>\n<p>Volume on U.S. exchanges was 7.55 billion shares, compared with the 11.56 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.04-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 81 new 52-week highs and no new lows; the Nasdaq Composite recorded 105 new highs and 264 new lows.</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>S&P 500 Ends Lower after Four-Day Rally to Record High</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\">\nS&P 500 Ends Lower after Four-Day Rally to Record High\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-12-29 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dec 28 (Reuters) - The S&amp;P 500(.SPX)closed slightly lower after hitting a record intraday high on Tuesday, as a four-day rally lost steam in thin trading and investors weighed Omicron-driven travel disruptions and store closures.</p>\n<p>The Centers for Disease Control and Prevention (CDC) on Monday shortened the recommended isolation time for Americans with asymptomatic cases of COVID-19 to five days from the previous guidance of 10 days.</p>\n<p>The update follows approvals for new pills and more vaccines to fight COVID-19. It helped investors shrug off concerns over thousands of flight cancellations and <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc(AAPL.O)shutting its <a href=\"https://laohu8.com/S/NWY\">New York</a> stores due to surging cases, and put U.S. stocks on pace for monthly gains.</p>\n<p>\"This is a holiday-shortened week. So daily movements will likely be exaggerated because of a low relative volume,\" said Sam Stovall, chief investment strategist at CFRA Research in <a href=\"https://laohu8.com/S/NYRT\">New York</a>.</p>\n<p>Seven&nbsp;of the 11 major S&amp;P 500 sector indexes rose on Tuesday. Technology(.SPLRCT)and <a href=\"https://laohu8.com/S/JCS\">Communications</a> Services(.SPLRCL)led declines.</p>\n<p>The Dow Jones Industrial Average(.DJI)rose 95.83 points, or 0.26%, to 36,398.21; the S&amp;P 500(.SPX)lost 4.84 points, or 0.10%, to 4,786.35 and the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Composite(.IXIC)dropped 89.54 points, or 0.56%, to 15,781.72.</p>\n<p>In company news, <a href=\"https://laohu8.com/S/BA\">Boeing</a> Co(BA.N)rose 1.46% as Indonesia lifted a ban on its 737 MAX, three years after the crash of <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the aircraft and loss of all 189 people on board.</p>\n<p>Markets are in the seasonal Santa Claus rally, with CFRA Research data showing the S&amp;P 500 has on average risen 1.3% in the last five trading days of the year, and first two days of the new year since 1969.</p>\n<p>\"<a href=\"https://laohu8.com/S/ISBC\">Investors</a> are digesting the gains from the last three days, ... but there are concerns such as how will the Omicron variant affect the market? Would that end up undoing the Santa Claus rally? What about the Fed raising interest rates, could that cause challenges for the year ahead?\" Stovall said.</p>\n<p>The Federal Reserve signaled earlier this month three quarter-percentage-point interest rate hikes by the end of 2022 as the economy nears full employment and the U.S. central bank copes with an inflation surge. L1N2SZ1G5</p>\n<p>Volume on U.S. exchanges was 7.55 billion shares, compared with the 11.56 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.04-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 81 new 52-week highs and no new lows; the Nasdaq Composite recorded 105 new highs and 264 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPY":"标普500ETF","IVV":"标普500指数ETF",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","BK4550":"红杉资本持仓","SSO":"两倍做多标普500ETF","BK4559":"巴菲特持仓","SDS":"两倍做空标普500ETF","OEX":"标普100","BK4504":"桥水持仓","UPRO":"三倍做多标普500ETF","BK4534":"瑞士信贷持仓","OEF":"标普100指数ETF-iShares","SH":"标普500反向ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186633322","content_text":"Dec 28 (Reuters) - The S&P 500(.SPX)closed slightly lower after hitting a record intraday high on Tuesday, as a four-day rally lost steam in thin trading and investors weighed Omicron-driven travel disruptions and store closures.\nThe Centers for Disease Control and Prevention (CDC) on Monday shortened the recommended isolation time for Americans with asymptomatic cases of COVID-19 to five days from the previous guidance of 10 days.\nThe update follows approvals for new pills and more vaccines to fight COVID-19. It helped investors shrug off concerns over thousands of flight cancellations and Apple Inc(AAPL.O)shutting its New York stores due to surging cases, and put U.S. stocks on pace for monthly gains.\n\"This is a holiday-shortened week. So daily movements will likely be exaggerated because of a low relative volume,\" said Sam Stovall, chief investment strategist at CFRA Research in New York.\nSeven of the 11 major S&P 500 sector indexes rose on Tuesday. Technology(.SPLRCT)and Communications Services(.SPLRCL)led declines.\nThe Dow Jones Industrial Average(.DJI)rose 95.83 points, or 0.26%, to 36,398.21; the S&P 500(.SPX)lost 4.84 points, or 0.10%, to 4,786.35 and the Nasdaq Composite(.IXIC)dropped 89.54 points, or 0.56%, to 15,781.72.\nIn company news, Boeing Co(BA.N)rose 1.46% as Indonesia lifted a ban on its 737 MAX, three years after the crash of one of the aircraft and loss of all 189 people on board.\nMarkets are in the seasonal Santa Claus rally, with CFRA Research data showing the S&P 500 has on average risen 1.3% in the last five trading days of the year, and first two days of the new year since 1969.\n\"Investors are digesting the gains from the last three days, ... but there are concerns such as how will the Omicron variant affect the market? Would that end up undoing the Santa Claus rally? What about the Fed raising interest rates, could that cause challenges for the year ahead?\" Stovall said.\nThe Federal Reserve signaled earlier this month three quarter-percentage-point interest rate hikes by the end of 2022 as the economy nears full employment and the U.S. central bank copes with an inflation surge. L1N2SZ1G5\nVolume on U.S. exchanges was 7.55 billion shares, compared with the 11.56 billion average for the full session over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.04-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.\nThe S&P 500 posted 81 new 52-week highs and no new lows; the Nasdaq Composite recorded 105 new highs and 264 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814884424,"gmtCreate":1630806284368,"gmtModify":1676530397117,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/814884424","repostId":"1186003479","repostType":4,"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163863552,"gmtCreate":1623870613676,"gmtModify":1703822074279,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"I think Alibaba is a good coy for long term","listText":"I think Alibaba is a good coy for long term","text":"I think Alibaba is a good coy for long term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/163863552","repostId":"2143795146","repostType":4,"repost":{"id":"2143795146","pubTimestamp":1623841200,"share":"https://ttm.financial/m/news/2143795146?lang=&edition=fundamental","pubTime":"2021-06-16 19:00","market":"us","language":"en","title":"2 Risks Investors Should Know Before Buying Alibaba's Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2143795146","media":"Motley Fool","summary":"Alibaba is facing enormous competition in its e-commerce business.","content":"<p>Once the shining star of China's tech industry, <b>Alibaba</b> (NYSE:BABA) is falling back to earth. The e-commerce titan is down over 30% from peak levels, having been walloped by regulatory investigations in the U.S. and China.</p>\n<p>Investing legend Charlie Munger sees this as an opportunity. In April, Munger revealed he had bought a $37 million stake in Alibaba via the <b>Daily Journal Corporation</b> (NASDAQ: DJCO), where Munger sits as chairman. Some investors were left scratching their heads over this decision. Others wonder if they should do the same thing.</p>\n<p>There's no doubt that Alibaba is now cheaper than it was a year ago -- but that's purely from a valuation standpoint. Investors shouldn't rush to buy the dip before knowing two of the company's biggest risks.</p>\n<h2><b>1. Alibaba's cash cow is swimming with sharks</b></h2>\n<p>Founded in 1999 as a platform for small businesses to sell their products via the internet, Alibaba has since expanded far beyond e-commerce. It's ventured into many other industries, such as cloud computing and entertainment.</p>\n<p>But make no mistake. E-commerce is by far the largest Alibaba segment, generating 87% of the group's annual revenue. This business is also highly profitable, delivering $29.7 billion in adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) in fiscal 2021.</p>\n<p>For years, many players have tried to loosen Alibaba's grip on China's e-commerce industry. The likes of <b>JD.com</b> (NASDAQ:JD), <b>Vipshop Holdings</b> (NYSE:VIPS), and <b>NetEase</b> (NASDAQ:NTES) have been formidable rivals, but never posed a serious threat. That all changed when <b>Pinduoduo</b> (NASDAQ:PDD) arrived on the scene in 2015.</p>\n<p>A few smart moves set the company up for success. From the get-go, Pinduoduo targeted users from rural areas. This meant it would avoid directly competing with industry incumbents.&nbsp;Pinduoduo also focused on being a mobile-only, social e-commerce platform. This allowed it to ride the explosion of mobile devices -- and social media -- to turbocharge its own growth. On top of that, an early partnership with <b>Tencent </b>(OTC:TCEHY), which owns a 15.6% stake in Pinduoduo, helped the company leverage WeChat to acquire users rapidly and cheaply.</p>\n<p>Today, Pinduoduo has 824 million active buyers on its platform. It hit a milestone in the fourth quarter of 2020 when it overtook Alibaba in terms of active buyers -- making it China's biggest e-commerce platform by this measure. It is also outpacing Alibaba in terms of growth. Pinduoduo's revenue surged 239% in its latest fiscal quarter, while Alibaba's commerce revenue grew 72% over the same period.</p>\n<p>For now, Alibaba is still holding on to its crown. Its e-commerce business generates over seven times as much revenue as Pinduoduo's. And Alibaba is taking on Pinduoduo by launching its own version of group-buying services and expanding its e-commerce business in rural areas.</p>\n<p>From a revenue perspective, Alibaba is still -- by far -- the elephant in the room. But Pinduoduo is a threat Alibaba can no longer ignore. If Pinduoduo continues expanding at the same rate, it will soon start eating into Alibaba's market share and growth.</p>\n<h2><b>2. Alibaba's newer ventures are mostly unprofitable</b></h2>\n<p>So far, we've addressed the bear case for Alibaba: an increasingly competitive e-commerce industry, and intensifying regulatory scrutiny in the U.S. and China. But bulls argue that Alibaba's fast-growing new businesses could transform it into China's version of Amazon&nbsp;-- a company with more than <a href=\"https://laohu8.com/S/AONE\">one</a> success story.</p>\n<p>Alibaba's business empire includes logistics division Cainiao, cloud computing service Alibaba Cloud, and streaming platform Youku.&nbsp;These ventures have shown great potential and, in the long run, could help diversify Alibaba's revenue. Some of these businesses are also growing rapidly. For example, Alicloud -- the biggest cloud infrastructure company in China -- grew revenue by 50% in fiscal 2021. Cainiao grew up even faster with revenue up 68%&nbsp;over the same period.</p>\n<p>The problem with Alibaba's side bets is that most of them are unprofitable. Some of these businesses are years away from profitability and require heavy investments before they can hit a profitable scale.</p>\n<p>In the past, Alibaba has funded these ventures with money generated by its e-commerce business. But as this segment comes under increasing pressure, Alibaba may soon need to start investing in it.&nbsp;This will reduce the amount of money Alibaba can splurge on its rising stars. The risk here is that if Alibaba is forced to slash its investments in these businesses, they may never grow big enough to become mature and profitable companies.</p>\n<p>For now, Alibaba can draw on its strong balance sheet if it needs to. The company had $72 billion in cash, cash equivalents, and short-term investments as of March 31, giving it plenty of firepower to fuel its side bets. But even then, there's no guarantee Alibaba's unprofitable businesses will ever turn a profit. And if they don't, Alibaba will ultimately need to write off these investments -- destroying shareholder value.</p>\n<h2><b>What all this means for investors</b></h2>\n<p>Alibaba is currently trading at 5.4 times trailing 12-month sales. That makes it relatively cheap, especially when you consider that Tencent -- Alibaba's archrival -- trades at almost double that multiple.</p>\n<p>But as Warren Buffett once pointed out, \"it's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.\" Just because a stock looks cheap doesn't mean it's a good investment.</p>\n<p>While I'm not suggesting that Alibaba is not a good business -- on the contrary, its e-commerce business is still incredibly profitable -- investors will need to consider the aforementioned risks before investing in Alibaba.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Risks Investors Should Know Before Buying Alibaba's Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Risks Investors Should Know Before Buying Alibaba's Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/16/2-risks-investors-should-know-before-buying-alibab/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Once the shining star of China's tech industry, Alibaba (NYSE:BABA) is falling back to earth. The e-commerce titan is down over 30% from peak levels, having been walloped by regulatory investigations ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/2-risks-investors-should-know-before-buying-alibab/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"source_url":"https://www.fool.com/investing/2021/06/16/2-risks-investors-should-know-before-buying-alibab/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143795146","content_text":"Once the shining star of China's tech industry, Alibaba (NYSE:BABA) is falling back to earth. The e-commerce titan is down over 30% from peak levels, having been walloped by regulatory investigations in the U.S. and China.\nInvesting legend Charlie Munger sees this as an opportunity. In April, Munger revealed he had bought a $37 million stake in Alibaba via the Daily Journal Corporation (NASDAQ: DJCO), where Munger sits as chairman. Some investors were left scratching their heads over this decision. Others wonder if they should do the same thing.\nThere's no doubt that Alibaba is now cheaper than it was a year ago -- but that's purely from a valuation standpoint. Investors shouldn't rush to buy the dip before knowing two of the company's biggest risks.\n1. Alibaba's cash cow is swimming with sharks\nFounded in 1999 as a platform for small businesses to sell their products via the internet, Alibaba has since expanded far beyond e-commerce. It's ventured into many other industries, such as cloud computing and entertainment.\nBut make no mistake. E-commerce is by far the largest Alibaba segment, generating 87% of the group's annual revenue. This business is also highly profitable, delivering $29.7 billion in adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) in fiscal 2021.\nFor years, many players have tried to loosen Alibaba's grip on China's e-commerce industry. The likes of JD.com (NASDAQ:JD), Vipshop Holdings (NYSE:VIPS), and NetEase (NASDAQ:NTES) have been formidable rivals, but never posed a serious threat. That all changed when Pinduoduo (NASDAQ:PDD) arrived on the scene in 2015.\nA few smart moves set the company up for success. From the get-go, Pinduoduo targeted users from rural areas. This meant it would avoid directly competing with industry incumbents. Pinduoduo also focused on being a mobile-only, social e-commerce platform. This allowed it to ride the explosion of mobile devices -- and social media -- to turbocharge its own growth. On top of that, an early partnership with Tencent (OTC:TCEHY), which owns a 15.6% stake in Pinduoduo, helped the company leverage WeChat to acquire users rapidly and cheaply.\nToday, Pinduoduo has 824 million active buyers on its platform. It hit a milestone in the fourth quarter of 2020 when it overtook Alibaba in terms of active buyers -- making it China's biggest e-commerce platform by this measure. It is also outpacing Alibaba in terms of growth. Pinduoduo's revenue surged 239% in its latest fiscal quarter, while Alibaba's commerce revenue grew 72% over the same period.\nFor now, Alibaba is still holding on to its crown. Its e-commerce business generates over seven times as much revenue as Pinduoduo's. And Alibaba is taking on Pinduoduo by launching its own version of group-buying services and expanding its e-commerce business in rural areas.\nFrom a revenue perspective, Alibaba is still -- by far -- the elephant in the room. But Pinduoduo is a threat Alibaba can no longer ignore. If Pinduoduo continues expanding at the same rate, it will soon start eating into Alibaba's market share and growth.\n2. Alibaba's newer ventures are mostly unprofitable\nSo far, we've addressed the bear case for Alibaba: an increasingly competitive e-commerce industry, and intensifying regulatory scrutiny in the U.S. and China. But bulls argue that Alibaba's fast-growing new businesses could transform it into China's version of Amazon -- a company with more than one success story.\nAlibaba's business empire includes logistics division Cainiao, cloud computing service Alibaba Cloud, and streaming platform Youku. These ventures have shown great potential and, in the long run, could help diversify Alibaba's revenue. Some of these businesses are also growing rapidly. For example, Alicloud -- the biggest cloud infrastructure company in China -- grew revenue by 50% in fiscal 2021. Cainiao grew up even faster with revenue up 68% over the same period.\nThe problem with Alibaba's side bets is that most of them are unprofitable. Some of these businesses are years away from profitability and require heavy investments before they can hit a profitable scale.\nIn the past, Alibaba has funded these ventures with money generated by its e-commerce business. But as this segment comes under increasing pressure, Alibaba may soon need to start investing in it. This will reduce the amount of money Alibaba can splurge on its rising stars. The risk here is that if Alibaba is forced to slash its investments in these businesses, they may never grow big enough to become mature and profitable companies.\nFor now, Alibaba can draw on its strong balance sheet if it needs to. The company had $72 billion in cash, cash equivalents, and short-term investments as of March 31, giving it plenty of firepower to fuel its side bets. But even then, there's no guarantee Alibaba's unprofitable businesses will ever turn a profit. And if they don't, Alibaba will ultimately need to write off these investments -- destroying shareholder value.\nWhat all this means for investors\nAlibaba is currently trading at 5.4 times trailing 12-month sales. That makes it relatively cheap, especially when you consider that Tencent -- Alibaba's archrival -- trades at almost double that multiple.\nBut as Warren Buffett once pointed out, \"it's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.\" Just because a stock looks cheap doesn't mean it's a good investment.\nWhile I'm not suggesting that Alibaba is not a good business -- on the contrary, its e-commerce business is still incredibly profitable -- investors will need to consider the aforementioned risks before investing in Alibaba.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3553301952962799","authorId":"3553301952962799","name":"Jacobie","avatar":"https://static.tigerbbs.com/5c199595c0e19f888fc71e9a08cb0c58","crmLevel":1,"crmLevelSwitch":0,"idStr":"3553301952962799","authorIdStr":"3553301952962799"},"content":"China companies are not as overvalue as US companies","text":"China companies are not as overvalue as US companies","html":"China companies are not as overvalue as US companies"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096758555,"gmtCreate":1644468576283,"gmtModify":1676533930728,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096758555","repostId":"2210563984","repostType":4,"repost":{"id":"2210563984","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1644447484,"share":"https://ttm.financial/m/news/2210563984?lang=&edition=fundamental","pubTime":"2022-02-10 06:58","market":"us","language":"en","title":"Wall Street Ends Sharply Higher, Lifted by Big Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2210563984","media":"Reuters","summary":"* CVS drops on downbeat outlook* Chipotle, Enphase Energy surge on strong results* All eyes on CPI d","content":"<html><head></head><body><p>* CVS drops on downbeat outlook</p><p>* Chipotle, <a href=\"https://laohu8.com/S/ENPH\">Enphase Energy</a> surge on strong results</p><p>* All eyes on CPI data due Thursday</p><p>* Indexes: Dow +0.86%, S&amp;P 500 +1.45%, Nasdaq +2.08%</p><p>Feb 9 (Reuters) - Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.</p><p>The benchmark 10-year U.S. Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global markets and boosting demand for growth stocks.</p><p><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> surged more than 5%, ending four sessions of deep declines that saw it lose almost a third of its value. The biggest boosts to the S&amp;P 500 came from Nvidia, up 6.4%, and Microsoft, up 2.2%.</p><p>All 11 S&amp;P 500 sector indexes rose, led by a 2.45% jump in real estate.</p><p>&#34;The bond market basically is saying there&#39;s a cap or a limit to how much the Fed is likely to raise rates, and that is very positive for stocks in general, and especially for growth stocks that tend to be valued higher,&#34; said Tim Ghriskey, senior portfolio strategist at Ingalls &amp; Snyder in New York.</p><p>Hit by worries about rising interest, the tech-heavy Nasdaq has fallen more than 7% so far this year after gaining nearly 21% in 2021. The S&amp;P 500 is down about 4% year to date.</p><p>The Dow Jones Industrial Average rose 0.86% to end at 35,768.06 points, while the S&amp;P 500 gained 1.45% to 4,587.18.</p><p>The Nasdaq Composite climbed 2.08% to 14,490.37.</p><p>Investors will watch consumer price data on Thursday for clues on the Federal Reserve&#39;s plans to hike interest rates. An unexpectedly strong jobs report last week raised concerns of a more aggressive move by the central bank.</p><p>Inflation is forecast at a four-decade high of 7.3%.</p><p>The U.S. economy may be nearing a slower pace of inflation, Atlanta Fed President Raphael Bostic said on Wednesday, though he added he is still leaning toward a slightly faster pace of interest rate increases this year.</p><p>Of the 316 companies in the S&amp;P 500 that have reported earnings to date, 78% reported above analyst expectations, according to Refinitiv data.</p><p>Chipotle Mexican Grill Inc surged 10% after beating profit and sales estimates, while KFC parent Yum Brands Inc rose 2.2% after sales beat estimates.</p><p>Enphase Energy Inc jumped 12% on upbeat results, lifting other solar stocks, with <a href=\"https://laohu8.com/S/SPWRV\">SunPower Corp</a> and SolarEdge Technologies Inc up 6.6% and 6.9%, respectively.</p><p>CVS Health Corp slipped more than 5% after its earnings forecast for 2022 fell short of Wall Street expectations.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 40 new 52-week highs and no new lows; the Nasdaq Composite recorded 53 new highs and 56 new lows.</p><p>Volume on U.S. exchanges was 10.9 billion shares, compared with a 12.3 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Ends Sharply Higher, Lifted by Big Tech</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Ends Sharply Higher, Lifted by Big Tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-02-10 06:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* CVS drops on downbeat outlook</p><p>* Chipotle, <a href=\"https://laohu8.com/S/ENPH\">Enphase Energy</a> surge on strong results</p><p>* All eyes on CPI data due Thursday</p><p>* Indexes: Dow +0.86%, S&amp;P 500 +1.45%, Nasdaq +2.08%</p><p>Feb 9 (Reuters) - Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.</p><p>The benchmark 10-year U.S. Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global markets and boosting demand for growth stocks.</p><p><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> surged more than 5%, ending four sessions of deep declines that saw it lose almost a third of its value. The biggest boosts to the S&amp;P 500 came from Nvidia, up 6.4%, and Microsoft, up 2.2%.</p><p>All 11 S&amp;P 500 sector indexes rose, led by a 2.45% jump in real estate.</p><p>&#34;The bond market basically is saying there&#39;s a cap or a limit to how much the Fed is likely to raise rates, and that is very positive for stocks in general, and especially for growth stocks that tend to be valued higher,&#34; said Tim Ghriskey, senior portfolio strategist at Ingalls &amp; Snyder in New York.</p><p>Hit by worries about rising interest, the tech-heavy Nasdaq has fallen more than 7% so far this year after gaining nearly 21% in 2021. The S&amp;P 500 is down about 4% year to date.</p><p>The Dow Jones Industrial Average rose 0.86% to end at 35,768.06 points, while the S&amp;P 500 gained 1.45% to 4,587.18.</p><p>The Nasdaq Composite climbed 2.08% to 14,490.37.</p><p>Investors will watch consumer price data on Thursday for clues on the Federal Reserve&#39;s plans to hike interest rates. An unexpectedly strong jobs report last week raised concerns of a more aggressive move by the central bank.</p><p>Inflation is forecast at a four-decade high of 7.3%.</p><p>The U.S. economy may be nearing a slower pace of inflation, Atlanta Fed President Raphael Bostic said on Wednesday, though he added he is still leaning toward a slightly faster pace of interest rate increases this year.</p><p>Of the 316 companies in the S&amp;P 500 that have reported earnings to date, 78% reported above analyst expectations, according to Refinitiv data.</p><p>Chipotle Mexican Grill Inc surged 10% after beating profit and sales estimates, while KFC parent Yum Brands Inc rose 2.2% after sales beat estimates.</p><p>Enphase Energy Inc jumped 12% on upbeat results, lifting other solar stocks, with <a href=\"https://laohu8.com/S/SPWRV\">SunPower Corp</a> and SolarEdge Technologies Inc up 6.6% and 6.9%, respectively.</p><p>CVS Health Corp slipped more than 5% after its earnings forecast for 2022 fell short of Wall Street expectations.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 40 new 52-week highs and no new lows; the Nasdaq Composite recorded 53 new highs and 56 new lows.</p><p>Volume on U.S. exchanges was 10.9 billion shares, compared with a 12.3 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4079":"房地产服务","BK4504":"桥水持仓","SPY":"标普500ETF","LABP":"Landos Biopharma, Inc.","COMP":"Compass, Inc.","ENPH":"Enphase Energy","BK4539":"次新股","CGEM":"Cullinan Therapeutics",".DJI":"道琼斯","LHDX":"Lucira Health, Inc.","BK4534":"瑞士信贷持仓","BK4147":"半导体设备","SANA":"Sana Biotechnology, Inc.",".IXIC":"NASDAQ Composite","BK4139":"生物科技","BK4007":"制药",".SPX":"S&P 500 Index","BK4196":"保健护理服务","BK4082":"医疗保健设备","NVDA":"英伟达","CVS":"西维斯健康","BK4559":"巴菲特持仓","MSFT":"微软","BK4550":"红杉资本持仓","CMG":"墨式烧烤","APR":"Apria, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2210563984","content_text":"* CVS drops on downbeat outlook* Chipotle, Enphase Energy surge on strong results* All eyes on CPI data due Thursday* Indexes: Dow +0.86%, S&P 500 +1.45%, Nasdaq +2.08%Feb 9 (Reuters) - Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.The benchmark 10-year U.S. Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global markets and boosting demand for growth stocks.Meta Platforms surged more than 5%, ending four sessions of deep declines that saw it lose almost a third of its value. The biggest boosts to the S&P 500 came from Nvidia, up 6.4%, and Microsoft, up 2.2%.All 11 S&P 500 sector indexes rose, led by a 2.45% jump in real estate.\"The bond market basically is saying there's a cap or a limit to how much the Fed is likely to raise rates, and that is very positive for stocks in general, and especially for growth stocks that tend to be valued higher,\" said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.Hit by worries about rising interest, the tech-heavy Nasdaq has fallen more than 7% so far this year after gaining nearly 21% in 2021. The S&P 500 is down about 4% year to date.The Dow Jones Industrial Average rose 0.86% to end at 35,768.06 points, while the S&P 500 gained 1.45% to 4,587.18.The Nasdaq Composite climbed 2.08% to 14,490.37.Investors will watch consumer price data on Thursday for clues on the Federal Reserve's plans to hike interest rates. An unexpectedly strong jobs report last week raised concerns of a more aggressive move by the central bank.Inflation is forecast at a four-decade high of 7.3%.The U.S. economy may be nearing a slower pace of inflation, Atlanta Fed President Raphael Bostic said on Wednesday, though he added he is still leaning toward a slightly faster pace of interest rate increases this year.Of the 316 companies in the S&P 500 that have reported earnings to date, 78% reported above analyst expectations, according to Refinitiv data.Chipotle Mexican Grill Inc surged 10% after beating profit and sales estimates, while KFC parent Yum Brands Inc rose 2.2% after sales beat estimates.Enphase Energy Inc jumped 12% on upbeat results, lifting other solar stocks, with SunPower Corp and SolarEdge Technologies Inc up 6.6% and 6.9%, respectively.CVS Health Corp slipped more than 5% after its earnings forecast for 2022 fell short of Wall Street expectations.Advancing issues outnumbered declining ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored advancers.The S&P 500 posted 40 new 52-week highs and no new lows; the Nasdaq Composite recorded 53 new highs and 56 new lows.Volume on U.S. exchanges was 10.9 billion shares, compared with a 12.3 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880476443,"gmtCreate":1631076935882,"gmtModify":1676530461160,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"Pls like. Thx","listText":"Pls like. Thx","text":"Pls like. Thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/880476443","repostId":"1148263008","repostType":4,"repost":{"id":"1148263008","pubTimestamp":1631073672,"share":"https://ttm.financial/m/news/1148263008?lang=&edition=fundamental","pubTime":"2021-09-08 12:01","market":"us","language":"en","title":"Toshiba Undecided on Privatization Amid Talks With Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1148263008","media":"Bloomberg","summary":"Board hasn’t decided on ‘most appropriate course of action’\nTroubled conglomerate gives update on it","content":"<ul>\n <li>Board hasn’t decided on ‘most appropriate course of action’</li>\n <li>Troubled conglomerate gives update on its strategic review</li>\n</ul>\n<p>Toshiba Corp.’s board is yet to reach a decision on whether the troubled conglomerate should pursue going private, as talks with investors on the company’s strategic direction continue.</p>\n<p>The board “has not yet decided on the most appropriate course of action and is continuing to explore feasible strategic alternatives,” Toshiba&nbsp;said&nbsp;Wednesday. Its panel exploring strategic alternatives has been engaged in active dialogue with potential investors, but there are “multiple issues” related to a potential privatization to be resolved, the company said.</p>\n<p>Toshiba started weighing options including privatizationin Mayafter weeks of takeover discussions sparked by private equity firm CVC Capital Partners’ $21 billion acquisition bid. Investors including 3D Investment Partners have pressured the Japanese energy-to-electronics conglomerate to conduct a full strategic review and explore any serious interest in the company to rebuild shareholder trust.</p>\n<p>Shares of Toshiba were&nbsp;little changed&nbsp;in early afternoon trading in Tokyo. They have advanced about 5% since the company kicked off the review, saying that it had appointed UBS as financial adviser and that it would consider potential offers. The company deemed the CVC proposal&nbsp;insufficiently detailed&nbsp;to evaluate.</p>\n<p>The search for a new chief executive officer is progressing, with the company saying it’ll narrow down a list of candidates in the coming months. Its previous CEO, Nobuaki Kurumatani, stepped down in April after he suffered a sharp drop in support from employees and executives. In June, shareholders voted to oust Chairman of the Board Osamu Nagayama in a rare triumph for activist investors.</p>\n<p>Once a storied name in Japan, Toshiba has faded dramatically after years of management missteps. It paid a record fine in an accounting scandal and then lost billions on a bungled foray into nuclear power. The conglomerate invented flash memory three decades ago, but was forced to sell most of its prized chip business in 2018 because of losses in its nuclear-power operation.</p>\n<p></p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toshiba Undecided on Privatization Amid Talks With Investors</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\">\nToshiba Undecided on Privatization Amid Talks With Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 12:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-08/toshiba-panel-has-evaluated-privatization-board-undecided?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Board hasn’t decided on ‘most appropriate course of action’\nTroubled conglomerate gives update on its strategic review\n\nToshiba Corp.’s board is yet to reach a decision on whether the troubled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-08/toshiba-panel-has-evaluated-privatization-board-undecided?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TOSYY":"东芝"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-08/toshiba-panel-has-evaluated-privatization-board-undecided?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148263008","content_text":"Board hasn’t decided on ‘most appropriate course of action’\nTroubled conglomerate gives update on its strategic review\n\nToshiba Corp.’s board is yet to reach a decision on whether the troubled conglomerate should pursue going private, as talks with investors on the company’s strategic direction continue.\nThe board “has not yet decided on the most appropriate course of action and is continuing to explore feasible strategic alternatives,” Toshiba said Wednesday. Its panel exploring strategic alternatives has been engaged in active dialogue with potential investors, but there are “multiple issues” related to a potential privatization to be resolved, the company said.\nToshiba started weighing options including privatizationin Mayafter weeks of takeover discussions sparked by private equity firm CVC Capital Partners’ $21 billion acquisition bid. Investors including 3D Investment Partners have pressured the Japanese energy-to-electronics conglomerate to conduct a full strategic review and explore any serious interest in the company to rebuild shareholder trust.\nShares of Toshiba were little changed in early afternoon trading in Tokyo. They have advanced about 5% since the company kicked off the review, saying that it had appointed UBS as financial adviser and that it would consider potential offers. The company deemed the CVC proposal insufficiently detailed to evaluate.\nThe search for a new chief executive officer is progressing, with the company saying it’ll narrow down a list of candidates in the coming months. Its previous CEO, Nobuaki Kurumatani, stepped down in April after he suffered a sharp drop in support from employees and executives. In June, shareholders voted to oust Chairman of the Board Osamu Nagayama in a rare triumph for activist investors.\nOnce a storied name in Japan, Toshiba has faded dramatically after years of management missteps. It paid a record fine in an accounting scandal and then lost billions on a bungled foray into nuclear power. The conglomerate invented flash memory three decades ago, but was forced to sell most of its prized chip business in 2018 because of losses in its nuclear-power operation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839851732,"gmtCreate":1629152199226,"gmtModify":1676529944055,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"Pls like. Ty","listText":"Pls like. Ty","text":"Pls like. Ty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/839851732","repostId":"2159248377","repostType":4,"isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148805678,"gmtCreate":1625965011094,"gmtModify":1703751230294,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/148805678","repostId":"2150301278","repostType":4,"repost":{"id":"2150301278","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625964941,"share":"https://ttm.financial/m/news/2150301278?lang=&edition=fundamental","pubTime":"2021-07-11 08:55","market":"us","language":"en","title":"Drought-hit New Mexico town eyes economic liftoff from Virgin Galactic space launch","url":"https://stock-news.laohu8.com/highlight/detail?id=2150301278","media":"Reuters","summary":"TRUTH OR CONSEQUENCES, N.M., July 10 (Reuters) - As the first passenger rocket plane gears up for ta","content":"<p>TRUTH OR CONSEQUENCES, N.M., July 10 (Reuters) - As the first passenger rocket plane gears up for takeoff, a sleepy desert town near Spaceport America in New Mexico is hoping for a liftoff from tourism.</p>\n<p>The oddly named town of Truth or Consequences, 30 miles from the launchpad, relies on its hot springs, healing waters, and nearby Elephant Butte reservoir for its livelihood.</p>\n<p>But tourism has evaporated with the drought, which brought the reservoir's water level toward record lows. Residents of TorC, as they call it, are looking skyward for relief.</p>\n<p>\"This is real pioneering stuff, opening up the heavens to the entire world,\" said town manager Bruce Swingle, who is organizing a watch party on Sunday for Richard Branson's launch of Virgin Galactic Holding Inc's space tourism flight.</p>\n<p>The town never expected the \"lion's share\" of revenue from activities around Spaceport America, but rather a steady stream that would grow alongside the launch facility, he added.</p>\n<p>When Val Wilkes and her partner Cydney bought a motor lodge a decade ago, she named it the Rocket Inn.</p>\n<p>\"I've always been a science fiction fan and I love living around the corner from where science fiction is becoming science fact,\" she said.</p>\n<p>Motel bookings have improved as pandemic curbs have eased, and will keep rising throughout the town, she said. Las Cruces, New Mexico, about 80 miles south, with its direct route to Spaceport America, will have little impact, she added. \"If people want to come to our town, they'll come.\"</p>\n<p>One thing that has not been rising is the reservoir, originally built for the agricultural industry, but has become a major draw for tourism in the town of 5,800. Recreational activities include boating, fishing and camping.</p>\n<p>Built from 1911 to 1916, the Elephant Butte reservoir was once 44 miles (70.81 km) long and 11 miles across. However, after years of drought, the man-made lake is now an estimated 18-20 miles long and 5 miles across.</p>\n<p>Rings around the edges show where the water once rested, and Phil King, an engineering consultant for the Elephant Butte Irrigation District said the high water mark was last reached in 1995.</p>\n<p>\"It's now in a crisis. All the reservoirs. There is no water to put in the lake. It's gotta come from snowpack. And climate projections are saying we're just not going to get what we used to get as snowpack,\" said Gary Esslinger, the Elephant Butte Irrigation District's treasurer and manager.</p>\n<p>Monsoons will bring some water, which the district will store in the empty drains that can seep into the groundwater, refilling the aquifer, Esslinger said.</p>\n<p>But that may not be enough to keep boats afloat on the reservoir much longer. Water levels have dropped so much this season that marina owner Neal Brown has had to move his floating docks to deeper waters, an expensive and labor-intensive job.</p>\n<p>As of Friday, the reservoir currently was holding 137,000 acre-feet of water, which is about 7% of its capacity, according to multiple sources. A spokesperson for the Bureau of Reclamation said the water level could reach less than 1% of capacity by the second week of August.</p>\n<p>Brown worries that if the water levels continue to drop, it will be harder for both the community and the ecosystem to recover.</p>\n<p>\"If it goes as low as they're predicting, I would have to close the marina. I wouldn't be able to float in it,\" he said, adding that the state needs to do a better job managing the waterflows that begin in Colorado and come down through New Mexico via the Rio Grande. A drought plan with a minimum pool level is also needed, Brown added.</p>\n<p>Meanwhile, the city - which renamed itself after a radio and TV quiz show in 1950 - can turn toward Spaceport to make up for any losses in water tourism though King is not optimistic.</p>\n<p>\"We'll see how many people how up for this launch,\" said King. \"But I'll tell you that on a Fourth of July weekend or a Memorial Day weekend, we can have 100,000 people show up here and I don't anticipate that that would happen for a launch.\"</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>Drought-hit New Mexico town eyes economic liftoff from Virgin Galactic space launch</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\">\nDrought-hit New Mexico town eyes economic liftoff from Virgin Galactic space launch\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-11 08:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>TRUTH OR CONSEQUENCES, N.M., July 10 (Reuters) - As the first passenger rocket plane gears up for takeoff, a sleepy desert town near Spaceport America in New Mexico is hoping for a liftoff from tourism.</p>\n<p>The oddly named town of Truth or Consequences, 30 miles from the launchpad, relies on its hot springs, healing waters, and nearby Elephant Butte reservoir for its livelihood.</p>\n<p>But tourism has evaporated with the drought, which brought the reservoir's water level toward record lows. Residents of TorC, as they call it, are looking skyward for relief.</p>\n<p>\"This is real pioneering stuff, opening up the heavens to the entire world,\" said town manager Bruce Swingle, who is organizing a watch party on Sunday for Richard Branson's launch of Virgin Galactic Holding Inc's space tourism flight.</p>\n<p>The town never expected the \"lion's share\" of revenue from activities around Spaceport America, but rather a steady stream that would grow alongside the launch facility, he added.</p>\n<p>When Val Wilkes and her partner Cydney bought a motor lodge a decade ago, she named it the Rocket Inn.</p>\n<p>\"I've always been a science fiction fan and I love living around the corner from where science fiction is becoming science fact,\" she said.</p>\n<p>Motel bookings have improved as pandemic curbs have eased, and will keep rising throughout the town, she said. Las Cruces, New Mexico, about 80 miles south, with its direct route to Spaceport America, will have little impact, she added. \"If people want to come to our town, they'll come.\"</p>\n<p>One thing that has not been rising is the reservoir, originally built for the agricultural industry, but has become a major draw for tourism in the town of 5,800. Recreational activities include boating, fishing and camping.</p>\n<p>Built from 1911 to 1916, the Elephant Butte reservoir was once 44 miles (70.81 km) long and 11 miles across. However, after years of drought, the man-made lake is now an estimated 18-20 miles long and 5 miles across.</p>\n<p>Rings around the edges show where the water once rested, and Phil King, an engineering consultant for the Elephant Butte Irrigation District said the high water mark was last reached in 1995.</p>\n<p>\"It's now in a crisis. All the reservoirs. There is no water to put in the lake. It's gotta come from snowpack. And climate projections are saying we're just not going to get what we used to get as snowpack,\" said Gary Esslinger, the Elephant Butte Irrigation District's treasurer and manager.</p>\n<p>Monsoons will bring some water, which the district will store in the empty drains that can seep into the groundwater, refilling the aquifer, Esslinger said.</p>\n<p>But that may not be enough to keep boats afloat on the reservoir much longer. Water levels have dropped so much this season that marina owner Neal Brown has had to move his floating docks to deeper waters, an expensive and labor-intensive job.</p>\n<p>As of Friday, the reservoir currently was holding 137,000 acre-feet of water, which is about 7% of its capacity, according to multiple sources. A spokesperson for the Bureau of Reclamation said the water level could reach less than 1% of capacity by the second week of August.</p>\n<p>Brown worries that if the water levels continue to drop, it will be harder for both the community and the ecosystem to recover.</p>\n<p>\"If it goes as low as they're predicting, I would have to close the marina. I wouldn't be able to float in it,\" he said, adding that the state needs to do a better job managing the waterflows that begin in Colorado and come down through New Mexico via the Rio Grande. A drought plan with a minimum pool level is also needed, Brown added.</p>\n<p>Meanwhile, the city - which renamed itself after a radio and TV quiz show in 1950 - can turn toward Spaceport to make up for any losses in water tourism though King is not optimistic.</p>\n<p>\"We'll see how many people how up for this launch,\" said King. \"But I'll tell you that on a Fourth of July weekend or a Memorial Day weekend, we can have 100,000 people show up here and I don't anticipate that that would happen for a launch.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NGD":"New Gold","SPCE":"维珍银河"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150301278","content_text":"TRUTH OR CONSEQUENCES, N.M., July 10 (Reuters) - As the first passenger rocket plane gears up for takeoff, a sleepy desert town near Spaceport America in New Mexico is hoping for a liftoff from tourism.\nThe oddly named town of Truth or Consequences, 30 miles from the launchpad, relies on its hot springs, healing waters, and nearby Elephant Butte reservoir for its livelihood.\nBut tourism has evaporated with the drought, which brought the reservoir's water level toward record lows. Residents of TorC, as they call it, are looking skyward for relief.\n\"This is real pioneering stuff, opening up the heavens to the entire world,\" said town manager Bruce Swingle, who is organizing a watch party on Sunday for Richard Branson's launch of Virgin Galactic Holding Inc's space tourism flight.\nThe town never expected the \"lion's share\" of revenue from activities around Spaceport America, but rather a steady stream that would grow alongside the launch facility, he added.\nWhen Val Wilkes and her partner Cydney bought a motor lodge a decade ago, she named it the Rocket Inn.\n\"I've always been a science fiction fan and I love living around the corner from where science fiction is becoming science fact,\" she said.\nMotel bookings have improved as pandemic curbs have eased, and will keep rising throughout the town, she said. Las Cruces, New Mexico, about 80 miles south, with its direct route to Spaceport America, will have little impact, she added. \"If people want to come to our town, they'll come.\"\nOne thing that has not been rising is the reservoir, originally built for the agricultural industry, but has become a major draw for tourism in the town of 5,800. Recreational activities include boating, fishing and camping.\nBuilt from 1911 to 1916, the Elephant Butte reservoir was once 44 miles (70.81 km) long and 11 miles across. However, after years of drought, the man-made lake is now an estimated 18-20 miles long and 5 miles across.\nRings around the edges show where the water once rested, and Phil King, an engineering consultant for the Elephant Butte Irrigation District said the high water mark was last reached in 1995.\n\"It's now in a crisis. All the reservoirs. There is no water to put in the lake. It's gotta come from snowpack. And climate projections are saying we're just not going to get what we used to get as snowpack,\" said Gary Esslinger, the Elephant Butte Irrigation District's treasurer and manager.\nMonsoons will bring some water, which the district will store in the empty drains that can seep into the groundwater, refilling the aquifer, Esslinger said.\nBut that may not be enough to keep boats afloat on the reservoir much longer. Water levels have dropped so much this season that marina owner Neal Brown has had to move his floating docks to deeper waters, an expensive and labor-intensive job.\nAs of Friday, the reservoir currently was holding 137,000 acre-feet of water, which is about 7% of its capacity, according to multiple sources. A spokesperson for the Bureau of Reclamation said the water level could reach less than 1% of capacity by the second week of August.\nBrown worries that if the water levels continue to drop, it will be harder for both the community and the ecosystem to recover.\n\"If it goes as low as they're predicting, I would have to close the marina. I wouldn't be able to float in it,\" he said, adding that the state needs to do a better job managing the waterflows that begin in Colorado and come down through New Mexico via the Rio Grande. A drought plan with a minimum pool level is also needed, Brown added.\nMeanwhile, the city - which renamed itself after a radio and TV quiz show in 1950 - can turn toward Spaceport to make up for any losses in water tourism though King is not optimistic.\n\"We'll see how many people how up for this launch,\" said King. \"But I'll tell you that on a Fourth of July weekend or a Memorial Day weekend, we can have 100,000 people show up here and I don't anticipate that that would happen for a launch.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9065613596,"gmtCreate":1652185880415,"gmtModify":1676535047565,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9065613596","repostId":"1150597099","repostType":4,"repost":{"id":"1150597099","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":1652183716,"share":"https://ttm.financial/m/news/1150597099?lang=&edition=fundamental","pubTime":"2022-05-10 19:55","market":"us","language":"en","title":"Pre-Bell｜U.S. Futures Rebound; Peloton Stock Plummets 30%","url":"https://stock-news.laohu8.com/highlight/detail?id=1150597099","media":"Tiger Newspress","summary":"U.S. stock futures pointed higher Tuesday, moving upwards after three days of heavy selling on the e","content":"<html><head></head><body><p>U.S. stock futures pointed higher Tuesday, moving upwards after three days of heavy selling on the eve of the key inflation report.</p><h2><b>Market Snapshot</b></h2><p>At 8:00 a.m. ET, Dow e-minis were up 203 points, or 0.63%, S&amp;P 500 e-minis were up 28.5 points, or 0.71%, and Nasdaq 100 e-minis were up 142 points, or 1.16%.<img src=\"https://static.tigerbbs.com/73f97b793bbbc76f6ca61c81e67a949e\" tg-width=\"476\" tg-height=\"239\" referrerpolicy=\"no-referrer\"/></p><h2><b>Pre-Market Movers</b></h2><p><a href=\"https://laohu8.com/S/PTON\">Peloton</a> – Peloton shares plunged 30% in the premarket after the fitness equipment maker reported a larger-than-expected quarterly loss and projected current-quarter revenue below estimates due to softening demand.</p><p><a href=\"https://laohu8.com/S/NVAX\">Novavax</a> – Novavax sank 23% in premarket trading after the vaccine maker missed both top and bottom line estimates for its latest quarter. The miss comes as Novavax shipped just 31 million Covid-19 vaccine doses during the quarter, putting it well off the pace of its projected 2 billion shots for 2022. Novavax reiterated its prior 2022 revenue forecast, however, saying it expected vaccine sales to accelerate during the current quarter.</p><p><a href=\"https://laohu8.com/S/VRM\">Vroom </a> – Vroom surged 38% in premarket trading after the online used-vehicle seller posted a smaller than expected quarterly loss and revenue that exceeded analyst estimates. Vroom also announced that chief operating officer Thomas Shortt would become CEO, replacing Paul Hennessey, as well as unveiling a restructuring that will eliminate about 270 jobs.</p><p><a href=\"https://laohu8.com/S/BHVN\">Biohaven Pharmaceutical </a> – The migraine drugmaker agreed to be bought by Pfizer (PFE) in a deal worth $11.6 billion, resulting in a 72% premarket surge in its shares. Biohaven shareholders will receive $148.50 per share in cash, plus half a share in a new publicly traded company that will hold some of the Biohaven drugs still in development. Pfizer, which had a 2.6% stake in Biohaven prior to the deal announcement, fell 1.4%.</p><p><a href=\"https://laohu8.com/S/ARMK\">Aramark</a> – The food services company’s shares gained 2.3% in the premarket, following news that it would separate its uniform services unit into a separate company. Separately, Aramark reported quarterly profit that matched estimates, with revenue coming in above consensus.</p><p><a href=\"https://laohu8.com/S/EPC\">Edgewell Personal Care</a> – The maker of personal care products like Schick razors and Edge shaving cream fell 6 cents a share shy of estimates, with quarterly earnings of 50 cents per share. Edgewell also raised its sales guidance for the year but lowered its earnings guidance as inflationary pressures persist.</p><p><a href=\"https://laohu8.com/S/NCLH\">Norwegian Cruise Line</a> – Norwegian shares added 1.6% in premarket trading after saying bookings were now exceeding pre-pandemic levels. Norwegian reported a quarterly loss of $1.82 per share, larger than the $1.53 loss expected by analysts.</p><p><a href=\"https://laohu8.com/S/UPST\">Upstart </a> – Upstart plummeted 51.2% in the premarket despite better-than-expected quarterly results. The decline comes as the AI-powered lending platform operator cut its outlook, saying the current macroeconomic environment is likely to negatively impact loan volume.</p><p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> – AMC rallied 6.8% in the premarket after reporting a smaller than expected quarterly loss as well as revenue that exceeded analyst forecasts. AMC was helped by the release of popular big-budget movies like “The Batman,” and noted a jump in per-patron revenue above pre-pandemic levels.</p><p><a href=\"https://laohu8.com/S/TREX\">Trex </a> – Trex gained 3.3% in premarket action after the maker of outdoor decking and railing materials reported better-than-expected quarterly results. Trex continues to benefit from elevated demand from consumers seeking to renovate outdoor spaces in their homes.</p><h2><b>Market News</b></h2><p><b>Peloton Stock Plummets After Earnings Miss</b></p><p><a href=\"https://laohu8.com/S/PTON\">Peloton Interactive</a> was plunging in premarket trading Tuesday after the company’s earnings missed Wall Street expectations.</p><p>Third-quarter revenue came in at $964.3 million, under estimates for $970 million. <a href=\"https://laohu8.com/S/PTON\">Peloton</a> reported a loss of $2.27 a share, wider than estimates calling for a loss of 83 cents a share.</p><p>The stock skyrocketed in 2020 as gyms shuttered their doors and consumers invested in Peloton’s signature home workout equipment, but with the economy reopening, the shares are down over 60% this year.</p><p><b>Tesla&#39;s Giga Shanghai Produced 10,757 Vehicles in April and Sold 1,512 Vehicles Domestically</b></p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>&#39;s Giga Shanghai produced 10,757 vehicles in April and sold 1,512 vehicles domestically, Reuters reported, citing data from the China Passenger Car Association.</p><p>The company did not export any vehicles during the month, going against the norms of focusing on exports in the first half of the quarter.</p><p><b>TSMC Revenue for April Was Approximately NT$172.56 Billion, an Increase of 55% YoY</b></p><p><a href=\"https://laohu8.com/S/TSM\">TSMC</a> today announced its net revenue for April 2022: On a consolidated basis, revenue for April 2022 was approximately NT$172.56 billion, an increase of 0.3 percent from March 2022 and an increase of 55.0 percent from April 2021.</p><p>Revenue for January through April 2022 totaled NT$663.64 billion, an increase of 40.1 percent compared to the same period in 2021.</p><p><b>Li Auto Beats Sales and Earnings Estimates</b></p><p><a href=\"https://laohu8.com/S/LI\">Li Auto</a> today announced its unaudited financial results for the quarter ended March 31, 2022.</p><p>Total revenues were RMB9.56 billion (US$1.51 billion) in the first quarter of 2022, representing an increase of 167.5% from RMB3.58 billion in the first quarter of 2021 and a decrease of 10.0% from RMB10.62 billion in the fourth quarter of 2021.</p><p>Gross profit was RMB2.16 billion (US$341.3 million) in the first quarter of 2022, representing an increase of 250.9% from RMB616.7 million in the first quarter of 2021 and a decrease of 9.1% from RMB2.38 billion in the fourth quarter of 2021.</p><p><b>Sony&#39;s Q4 Operating Profit More Than Doubles to 138.6 Billion Yen, Helped by Gaming</b></p><p>Japan&#39;s Sony Group Corp said on Tuesday its fourth-quarter operating profit more than doubled to 138.6 billion yen ($1.06 billion), helped by a strong performance at its gaming and network services business.</p><p>The profit for the three months to March 31, which compares with a profit of 66.5 billion yen a year ago, was, however, lower than an average 147 billion yen profit estimate from 10 analyst surveyed by Refinitiv.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜U.S. Futures Rebound; Peloton Stock Plummets 30%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Futures Rebound; Peloton Stock Plummets 30%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-10 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock futures pointed higher Tuesday, moving upwards after three days of heavy selling on the eve of the key inflation report.</p><h2><b>Market Snapshot</b></h2><p>At 8:00 a.m. ET, Dow e-minis were up 203 points, or 0.63%, S&amp;P 500 e-minis were up 28.5 points, or 0.71%, and Nasdaq 100 e-minis were up 142 points, or 1.16%.<img src=\"https://static.tigerbbs.com/73f97b793bbbc76f6ca61c81e67a949e\" tg-width=\"476\" tg-height=\"239\" referrerpolicy=\"no-referrer\"/></p><h2><b>Pre-Market Movers</b></h2><p><a href=\"https://laohu8.com/S/PTON\">Peloton</a> – Peloton shares plunged 30% in the premarket after the fitness equipment maker reported a larger-than-expected quarterly loss and projected current-quarter revenue below estimates due to softening demand.</p><p><a href=\"https://laohu8.com/S/NVAX\">Novavax</a> – Novavax sank 23% in premarket trading after the vaccine maker missed both top and bottom line estimates for its latest quarter. The miss comes as Novavax shipped just 31 million Covid-19 vaccine doses during the quarter, putting it well off the pace of its projected 2 billion shots for 2022. Novavax reiterated its prior 2022 revenue forecast, however, saying it expected vaccine sales to accelerate during the current quarter.</p><p><a href=\"https://laohu8.com/S/VRM\">Vroom </a> – Vroom surged 38% in premarket trading after the online used-vehicle seller posted a smaller than expected quarterly loss and revenue that exceeded analyst estimates. Vroom also announced that chief operating officer Thomas Shortt would become CEO, replacing Paul Hennessey, as well as unveiling a restructuring that will eliminate about 270 jobs.</p><p><a href=\"https://laohu8.com/S/BHVN\">Biohaven Pharmaceutical </a> – The migraine drugmaker agreed to be bought by Pfizer (PFE) in a deal worth $11.6 billion, resulting in a 72% premarket surge in its shares. Biohaven shareholders will receive $148.50 per share in cash, plus half a share in a new publicly traded company that will hold some of the Biohaven drugs still in development. Pfizer, which had a 2.6% stake in Biohaven prior to the deal announcement, fell 1.4%.</p><p><a href=\"https://laohu8.com/S/ARMK\">Aramark</a> – The food services company’s shares gained 2.3% in the premarket, following news that it would separate its uniform services unit into a separate company. Separately, Aramark reported quarterly profit that matched estimates, with revenue coming in above consensus.</p><p><a href=\"https://laohu8.com/S/EPC\">Edgewell Personal Care</a> – The maker of personal care products like Schick razors and Edge shaving cream fell 6 cents a share shy of estimates, with quarterly earnings of 50 cents per share. Edgewell also raised its sales guidance for the year but lowered its earnings guidance as inflationary pressures persist.</p><p><a href=\"https://laohu8.com/S/NCLH\">Norwegian Cruise Line</a> – Norwegian shares added 1.6% in premarket trading after saying bookings were now exceeding pre-pandemic levels. Norwegian reported a quarterly loss of $1.82 per share, larger than the $1.53 loss expected by analysts.</p><p><a href=\"https://laohu8.com/S/UPST\">Upstart </a> – Upstart plummeted 51.2% in the premarket despite better-than-expected quarterly results. The decline comes as the AI-powered lending platform operator cut its outlook, saying the current macroeconomic environment is likely to negatively impact loan volume.</p><p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> – AMC rallied 6.8% in the premarket after reporting a smaller than expected quarterly loss as well as revenue that exceeded analyst forecasts. AMC was helped by the release of popular big-budget movies like “The Batman,” and noted a jump in per-patron revenue above pre-pandemic levels.</p><p><a href=\"https://laohu8.com/S/TREX\">Trex </a> – Trex gained 3.3% in premarket action after the maker of outdoor decking and railing materials reported better-than-expected quarterly results. Trex continues to benefit from elevated demand from consumers seeking to renovate outdoor spaces in their homes.</p><h2><b>Market News</b></h2><p><b>Peloton Stock Plummets After Earnings Miss</b></p><p><a href=\"https://laohu8.com/S/PTON\">Peloton Interactive</a> was plunging in premarket trading Tuesday after the company’s earnings missed Wall Street expectations.</p><p>Third-quarter revenue came in at $964.3 million, under estimates for $970 million. <a href=\"https://laohu8.com/S/PTON\">Peloton</a> reported a loss of $2.27 a share, wider than estimates calling for a loss of 83 cents a share.</p><p>The stock skyrocketed in 2020 as gyms shuttered their doors and consumers invested in Peloton’s signature home workout equipment, but with the economy reopening, the shares are down over 60% this year.</p><p><b>Tesla&#39;s Giga Shanghai Produced 10,757 Vehicles in April and Sold 1,512 Vehicles Domestically</b></p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>&#39;s Giga Shanghai produced 10,757 vehicles in April and sold 1,512 vehicles domestically, Reuters reported, citing data from the China Passenger Car Association.</p><p>The company did not export any vehicles during the month, going against the norms of focusing on exports in the first half of the quarter.</p><p><b>TSMC Revenue for April Was Approximately NT$172.56 Billion, an Increase of 55% YoY</b></p><p><a href=\"https://laohu8.com/S/TSM\">TSMC</a> today announced its net revenue for April 2022: On a consolidated basis, revenue for April 2022 was approximately NT$172.56 billion, an increase of 0.3 percent from March 2022 and an increase of 55.0 percent from April 2021.</p><p>Revenue for January through April 2022 totaled NT$663.64 billion, an increase of 40.1 percent compared to the same period in 2021.</p><p><b>Li Auto Beats Sales and Earnings Estimates</b></p><p><a href=\"https://laohu8.com/S/LI\">Li Auto</a> today announced its unaudited financial results for the quarter ended March 31, 2022.</p><p>Total revenues were RMB9.56 billion (US$1.51 billion) in the first quarter of 2022, representing an increase of 167.5% from RMB3.58 billion in the first quarter of 2021 and a decrease of 10.0% from RMB10.62 billion in the fourth quarter of 2021.</p><p>Gross profit was RMB2.16 billion (US$341.3 million) in the first quarter of 2022, representing an increase of 250.9% from RMB616.7 million in the first quarter of 2021 and a decrease of 9.1% from RMB2.38 billion in the fourth quarter of 2021.</p><p><b>Sony&#39;s Q4 Operating Profit More Than Doubles to 138.6 Billion Yen, Helped by Gaming</b></p><p>Japan&#39;s Sony Group Corp said on Tuesday its fourth-quarter operating profit more than doubled to 138.6 billion yen ($1.06 billion), helped by a strong performance at its gaming and network services business.</p><p>The profit for the three months to March 31, which compares with a profit of 66.5 billion yen a year ago, was, however, lower than an average 147 billion yen profit estimate from 10 analyst surveyed by Refinitiv.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150597099","content_text":"U.S. stock futures pointed higher Tuesday, moving upwards after three days of heavy selling on the eve of the key inflation report.Market SnapshotAt 8:00 a.m. ET, Dow e-minis were up 203 points, or 0.63%, S&P 500 e-minis were up 28.5 points, or 0.71%, and Nasdaq 100 e-minis were up 142 points, or 1.16%.Pre-Market MoversPeloton – Peloton shares plunged 30% in the premarket after the fitness equipment maker reported a larger-than-expected quarterly loss and projected current-quarter revenue below estimates due to softening demand.Novavax – Novavax sank 23% in premarket trading after the vaccine maker missed both top and bottom line estimates for its latest quarter. The miss comes as Novavax shipped just 31 million Covid-19 vaccine doses during the quarter, putting it well off the pace of its projected 2 billion shots for 2022. Novavax reiterated its prior 2022 revenue forecast, however, saying it expected vaccine sales to accelerate during the current quarter.Vroom  – Vroom surged 38% in premarket trading after the online used-vehicle seller posted a smaller than expected quarterly loss and revenue that exceeded analyst estimates. Vroom also announced that chief operating officer Thomas Shortt would become CEO, replacing Paul Hennessey, as well as unveiling a restructuring that will eliminate about 270 jobs.Biohaven Pharmaceutical  – The migraine drugmaker agreed to be bought by Pfizer (PFE) in a deal worth $11.6 billion, resulting in a 72% premarket surge in its shares. Biohaven shareholders will receive $148.50 per share in cash, plus half a share in a new publicly traded company that will hold some of the Biohaven drugs still in development. Pfizer, which had a 2.6% stake in Biohaven prior to the deal announcement, fell 1.4%.Aramark – The food services company’s shares gained 2.3% in the premarket, following news that it would separate its uniform services unit into a separate company. Separately, Aramark reported quarterly profit that matched estimates, with revenue coming in above consensus.Edgewell Personal Care – The maker of personal care products like Schick razors and Edge shaving cream fell 6 cents a share shy of estimates, with quarterly earnings of 50 cents per share. Edgewell also raised its sales guidance for the year but lowered its earnings guidance as inflationary pressures persist.Norwegian Cruise Line – Norwegian shares added 1.6% in premarket trading after saying bookings were now exceeding pre-pandemic levels. Norwegian reported a quarterly loss of $1.82 per share, larger than the $1.53 loss expected by analysts.Upstart  – Upstart plummeted 51.2% in the premarket despite better-than-expected quarterly results. The decline comes as the AI-powered lending platform operator cut its outlook, saying the current macroeconomic environment is likely to negatively impact loan volume.AMC Entertainment – AMC rallied 6.8% in the premarket after reporting a smaller than expected quarterly loss as well as revenue that exceeded analyst forecasts. AMC was helped by the release of popular big-budget movies like “The Batman,” and noted a jump in per-patron revenue above pre-pandemic levels.Trex  – Trex gained 3.3% in premarket action after the maker of outdoor decking and railing materials reported better-than-expected quarterly results. Trex continues to benefit from elevated demand from consumers seeking to renovate outdoor spaces in their homes.Market NewsPeloton Stock Plummets After Earnings MissPeloton Interactive was plunging in premarket trading Tuesday after the company’s earnings missed Wall Street expectations.Third-quarter revenue came in at $964.3 million, under estimates for $970 million. Peloton reported a loss of $2.27 a share, wider than estimates calling for a loss of 83 cents a share.The stock skyrocketed in 2020 as gyms shuttered their doors and consumers invested in Peloton’s signature home workout equipment, but with the economy reopening, the shares are down over 60% this year.Tesla's Giga Shanghai Produced 10,757 Vehicles in April and Sold 1,512 Vehicles DomesticallyTesla's Giga Shanghai produced 10,757 vehicles in April and sold 1,512 vehicles domestically, Reuters reported, citing data from the China Passenger Car Association.The company did not export any vehicles during the month, going against the norms of focusing on exports in the first half of the quarter.TSMC Revenue for April Was Approximately NT$172.56 Billion, an Increase of 55% YoYTSMC today announced its net revenue for April 2022: On a consolidated basis, revenue for April 2022 was approximately NT$172.56 billion, an increase of 0.3 percent from March 2022 and an increase of 55.0 percent from April 2021.Revenue for January through April 2022 totaled NT$663.64 billion, an increase of 40.1 percent compared to the same period in 2021.Li Auto Beats Sales and Earnings EstimatesLi Auto today announced its unaudited financial results for the quarter ended March 31, 2022.Total revenues were RMB9.56 billion (US$1.51 billion) in the first quarter of 2022, representing an increase of 167.5% from RMB3.58 billion in the first quarter of 2021 and a decrease of 10.0% from RMB10.62 billion in the fourth quarter of 2021.Gross profit was RMB2.16 billion (US$341.3 million) in the first quarter of 2022, representing an increase of 250.9% from RMB616.7 million in the first quarter of 2021 and a decrease of 9.1% from RMB2.38 billion in the fourth quarter of 2021.Sony's Q4 Operating Profit More Than Doubles to 138.6 Billion Yen, Helped by GamingJapan's Sony Group Corp said on Tuesday its fourth-quarter operating profit more than doubled to 138.6 billion yen ($1.06 billion), helped by a strong performance at its gaming and network services business.The profit for the three months to March 31, which compares with a profit of 66.5 billion yen a year ago, was, however, lower than an average 147 billion yen profit estimate from 10 analyst surveyed by Refinitiv.","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9013123177,"gmtCreate":1648692164527,"gmtModify":1676534380878,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013123177","repostId":"1105560756","repostType":4,"repost":{"id":"1105560756","pubTimestamp":1648688437,"share":"https://ttm.financial/m/news/1105560756?lang=&edition=fundamental","pubTime":"2022-03-31 09:00","market":"us","language":"en","title":"Cathie Wood's ARK Invest Trades for 3/30: Buy Coinbase, Sell Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1105560756","media":"24/7 wall street","summary":"Markets pulled back slightly on Wednesday after just reaching levels not seen since January.ARK Invest funds took the hit as well with losses across the board.ARKX performed the best out of the group,","content":"<html><head></head><body><p>Markets pulled back slightly on Wednesday after just reaching levels not seen since January.</p><p>ARK Invest funds took the hit as well with losses across the board.</p><p>ARKX performed the best out of the group, with a 0.8% loss on the day, while ARKF did the worst, down 3.8%.</p><p>The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $2.2 billion. There was one notable trade in this fund: NO TRADES</p><p>ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $5.1 billion. Here are some notable trades in this fund: Buy 26,361 shares of Adaptive Biotechnologies, Buy 221,118 shares of Somalogic, Buy 114,371 shares of Twist Bioscience, &amp; Buy 150,051 shares of Burning Rock Biotech.</p><p>ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $16.2 billion. Here are some notable trades in this fund: Buy 80,300 shares of Coinbase &amp; Sell 381,951 shares of Twist Bioscience.</p><p>ARK Autonomous Technology &amp; Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $2.2 billion. Here are some notable trades in the fund: Buy 4,979 shares of BYD &amp; Sell 5,666 shares of Aerovironment.</p><p>ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $3.8 billion. Here are the notable trades in the fund: Buy 16,291 shares of Coinbase &amp; Sell 2,978 shares of Tesla.</p><p>Ark Space Exploration &amp; Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $468.9 million. There was one notable purchase in the fund: Buy 1,032 shares of Mynaric, Buy 35,979 shares of 3D Systems &amp; Sell 1,632 shares of Aerovironment.</p><p>Check out all the trades here:</p><p><img src=\"https://static.tigerbbs.com/651209decb561a66997e1f3b8c2348f3\" tg-width=\"955\" tg-height=\"843\" width=\"100%\" height=\"auto\"/></p></body></html>","source":"lsy1620372341666","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>Cathie Wood's ARK Invest Trades for 3/30: Buy Coinbase, Sell Tesla</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\">\nCathie Wood's ARK Invest Trades for 3/30: Buy Coinbase, Sell Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-31 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://247wallst.com/investing/2022/03/30/cathie-woods-ark-invest-trades-for-3-30/><strong>24/7 wall street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Markets pulled back slightly on Wednesday after just reaching levels not seen since January.ARK Invest funds took the hit as well with losses across the board.ARKX performed the best out of the group,...</p>\n\n<a href=\"https://247wallst.com/investing/2022/03/30/cathie-woods-ark-invest-trades-for-3-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","TSLA":"特斯拉"},"source_url":"https://247wallst.com/investing/2022/03/30/cathie-woods-ark-invest-trades-for-3-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105560756","content_text":"Markets pulled back slightly on Wednesday after just reaching levels not seen since January.ARK Invest funds took the hit as well with losses across the board.ARKX performed the best out of the group, with a 0.8% loss on the day, while ARKF did the worst, down 3.8%.The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $2.2 billion. There was one notable trade in this fund: NO TRADESARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $5.1 billion. Here are some notable trades in this fund: Buy 26,361 shares of Adaptive Biotechnologies, Buy 221,118 shares of Somalogic, Buy 114,371 shares of Twist Bioscience, & Buy 150,051 shares of Burning Rock Biotech.ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $16.2 billion. Here are some notable trades in this fund: Buy 80,300 shares of Coinbase & Sell 381,951 shares of Twist Bioscience.ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $2.2 billion. Here are some notable trades in the fund: Buy 4,979 shares of BYD & Sell 5,666 shares of Aerovironment.ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $3.8 billion. Here are the notable trades in the fund: Buy 16,291 shares of Coinbase & Sell 2,978 shares of Tesla.Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $468.9 million. There was one notable purchase in the fund: Buy 1,032 shares of Mynaric, Buy 35,979 shares of 3D Systems & Sell 1,632 shares of Aerovironment.Check out all the trades here:","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035732149,"gmtCreate":1647675490148,"gmtModify":1676534258037,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035732149","repostId":"2220777059","repostType":4,"repost":{"id":"2220777059","pubTimestamp":1647653153,"share":"https://ttm.financial/m/news/2220777059?lang=&edition=fundamental","pubTime":"2022-03-19 09:25","market":"sg","language":"en","title":"Sea Limited: The Three-Headed Monster","url":"https://stock-news.laohu8.com/highlight/detail?id=2220777059","media":"seekingalpha","summary":"SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but B","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Garena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.</li><li>In addition, Shopee&#39;s losses are widening. However, the e-commerce segment is expected to be self-funded by 2025. This is achievable as take rates are trending in the right direction.</li><li>SeaMoney is also gaining traction at an unprecedented pace, a monster lurking in the shadows. Investors should pay attention as this segment could serve as Sea&#39;s second cash cow.</li><li>With a net cash position of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won&#39;t be long before Sea requires another cash infusion.</li><li>Despite unprofitability risks, Sea has a strong brand, network effects, and barriers to entry moats. The stock is trading at the lowest multiple ever - it is worth a nibble at these prices.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51b3290f2015840c5d8f754c01de8a85\" tg-width=\"750\" tg-height=\"422\" referrerpolicy=\"no-referrer\"/><span>undefined undefined/iStock via Getty Images</span></p><p>I&#39;ve been following Sea Limited ADR (NYSE:SE) for quite some time now and the stock got me interested again given the recent 75% selloff. Today, I&#39;m doing a deep dive on the three-headed monster (and each of its heads) to see if the company is a good investment opportunity at these levels. Let&#39;s get started!</p><p><b>Investment Thesis</b></p><p>Sea is at the forefront of the internet revolution in developing regions. This had many investors buying into the growth story of the company, sending shares soaring high into the sun for the better part of 2020 and 2021. However, the stock has cratered back to sea amid concerns about the company&#39;s slowing growth, especially for its only cash cow, Garena. To make matters worse, Shopee&#39;s losses are also getting worse.</p><p>The Group&#39;s cash burn rate is still high, estimated to be $(3.6) billion in FY2022. With a net cash position of $5.9 billion, future capital raises are very likely.</p><p>On the bright side, Sea still has a long growth runway ahead, solidified by its leadership positions in Southeast Asia and Latin America. SeaMoney, although still unprofitable, could also emerge as Sea&#39;s second cash cow.</p><p>Despite unprofitability and competitive risks, Sea has strong competitive moats and it is trading at the cheapest valuation multiples since its IPO.</p><p>The three-headed monster is a Buy at these levels.</p><p><b>Value Proposition</b></p><p>Founded in Singapore in 2009, Sea has grown to become the leading consumer internet company in the world, with a substantial presence in the Southeast Asian region.</p><blockquote><b>Mission</b>: To better the lives of consumers and small businesses with technology.</blockquote><p>Sea is a holding company for three core businesses: Garena, Shopee, and SeaMoney. Sea&#39;s main value proposition is providing a vertically-integrated experience through its different core businesses.</p><p><b>Garena</b></p><p>Its digital entertainment division, Garena, was Sea&#39;s first business venture. In fact, Sea was originally named Garena Interactive Holding Limited before changing its name to Sea Limited in 2017.</p><p>Garena is one of the largest online games developers and publishers, releasing some of the most successful mobile and PC games over the last decade. For example, Garena&#39;s Free Fire, its self-developed mobile battle royale game, topped the global download charts for the last three years. According to data.ai, Free Fire also ranked second globally by average monthly active users on Google Play in 2021. In Southeast Asia and Latin America, Free Fire was the highest-grossing mobile game for ten consecutive quarters, and in the US for four consecutive quarters. Based on Sensor <a href=\"https://laohu8.com/S/TWR.AU\">Tower</a>&#39;s findings, Free Fire still holds the most downloads globally as of January 2022.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa392753c19f14d60ee0d992e58c3d2f\" tg-width=\"1280\" tg-height=\"741\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p>Garena also exclusively licenses and publishes games from global partners and third-party developers. Some of these partners include Tencent (OTCPK:TCEHY), Activision (ATVI), and Arumgames. Games like Speed Drifters, Arena of Valor, and Fantasy Town fall into this category as they are co-developed with partners or licensed from partners.</p><p>In addition, Garena organizes some of the largest e-sports events from local tournaments to professional competitions at a global level. Moreover, Garena offers other entertainment content such as live-streaming, user chat, and online forums.</p><p><b>Shopee</b></p><p>Perhaps the most exciting business segment is Sea&#39;s mobile-centric e-commerce platform, Shopee. Launched in 2015, Shopee is now one of the fastest-growing e-commerce marketplaces with a strong presence in Southeast Asia, as well as growing recognition in Latin America and some European countries.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6649de846b2942b928a3f3e5d4035003\" tg-width=\"640\" tg-height=\"200\" referrerpolicy=\"no-referrer\"/><span>Source: Shopee</span></p><p>Through the Shopee platform, buyers can purchase items from sellers which are primarily small and medium businesses (or mom-and-pop stores). At the same time, larger, more established retailers like Xiaomi (OTCPK:XIACF), Microsoft (MSFT), or Samsung (OTC:SSNLF) can leverage Shopee&#39;s two premium shopping platforms, Shopee Mall and Shopee Premium.</p><p>Along with Shopee&#39;s e-commerce marketplace, Shopee also offers adjacent products and services for both buyers and sellers:</p><ul><li><b>Service by Shopee</b> - Value-added services for sellers such as integrated payment, logistics, fulfillment, seller support, inventory management, and online store operations.</li><li><b>BuyerProtection</b> - Consumer protection policies and procedures including seller verification, product listing screening, and dispute resolution. In addition, Shopee Guarantee reduces settlement risks by holding customers&#39; funds in a separate account until delivery is complete, where funds will be released to buyers.</li><li><b>Integrated Logistics Services</b>- Shopee partners with various local and regional third-party logistics service providers to provide a seamless last-mile delivery experience for both buyers and sellers. Shopee also has its own delivery service called Shopee Xpress.</li><li><b>Social Features</b> - Shopee also offers other social and gamification features, including Shopee Coins (virtual currency), Shopee Live (livestream), Shopee Games (in-app games), and Shopee Feed (similar to Instagram).</li><li><b>On-demand Services</b>- Shopee also recently launched on-demand services such as ShopeeFood, instant delivery, and groceries, competing directly with Grab (GRAB), Gojek, and Uber (UBER).</li></ul><p>Shopee&#39;s scale is unmatched and it is still growing at an unprecedented pace. According to data.ai, Shopee in Southeast Asia and Taiwan ranked first in average monthly active users and total time spent in the app in 2021. Shopee Indonesia, arguably Shopee&#39;s most important market, ranked first in the Shopping category. Shopee Brazil, which launched in October 2019, was also ranked first in the Shopping category. And globally, Shopee ranked first in the Shopping category, and is the #13 most downloaded app regardless of category, logging in 200+ million downloads in 2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3f9c550b140720336e00cc78e954d184\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p><b>SeaMoney</b></p><p>SeaMoney was launched in 2014 and is now one of the leading digital financial services providers in Sea&#39;s operating countries. SeaMoney offers mobile wallet services, payment processing, credit, and other digital financial services. These services are offered under SeaMoney&#39;s various brands including AirPay, ShopeePay, SPayLater, and other local brands depending on the country. SeaMoney was initially launched in Vietnam and Thailand but has since expanded to other regions.</p><p>Through SeaMoney&#39;s mobile wallet offerings, consumers and merchants have added flexibility in terms of payment options, whether through online or offline means. The launch of SPayLater, which is basically a &#34;buy now pay later&#34; payment option, enables consumers to purchase items without accessing credit. For those who are interested, I&#39;ve written a deep dive on Affirm (AFRM) where I discuss the main value propositions that BNPL provides.</p><p>SeaMoney has obtained bank licenses and government approvals to provide financial services in various countries. For example, Sea acquired Bank Kesejahteraan Ekonomi in Indonesia back in early 2021 as a push towards offering a digital banking solution. The company is now rebranded to SeaBank, which currently offers a high-yield savings account and virtual account.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c85c862195f86fe9d4f0f8c8beced6b\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SeaBank Website</span></p><p>SeaMoney&#39;s main value proposition lies in offering a mobile wallet and payment solutions that are integrated with Sea&#39;s other businesses, namely Garena and Shopee, enabling consumers and merchants to transact seamlessly in one vertically-integrated platform.</p><p><b>Market Opportunity</b></p><p>Sea&#39;s market opportunity is predicated around the industry outlook of each of its business segments: mobile gaming, e-commerce, and fintech. Let&#39;s take a look at each industry that Sea operates in.</p><p>First, we have the mobile gaming industry. According to data.ai, Mobile Game Consumer Spend grew from $74 billion in 2018 to $116 billion in 2021, while Mobile Game Downloads grew from 63 billion in 2018 to 83 billion in 2021. Among the Top Genres by Downloads were Hypercasual games such as Hair Challenge and Water Sort Puzzle. However, the Top Genres by Consumer Spend belong to the Strategy, RPG, and Shooting categories where Garena specializes in. For example, Free Fire was the top Shooting game by revenue in Thailand, Brazil, Mexico, and the US, in 2021. Globally, however, it is still behind PUBG Mobile, which generates the bulk of its revenue from China.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f72bda6df6bc2b7bdf8756d218f53185\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p>According to Adjust, the mobile gaming industry is expected to reach $272 billion by 2030, which is about 1.5x of 2021&#39;s total figure. Given Garena&#39;s successes in monetizing its games, Garena should continue to enjoy gaming tailwinds in the foreseeable future, provided that its games remain in trend. This is also supported by Unity&#39;s findings that the APAC region is the fastest-growing regional market, a market that Garena dominates in.</p><p>Moving on to e-commerce, we all know that e-commerce is growing rapidly and that its market share as a whole will continue to trend up from here. This is especially true for the Southeast Asian region where internet and smartphone adoption continues to increase by the day. Based on the e-Conomy SEA report, Southeast Asia now has 440 million internet users, up from 360 million in 2019. Its total population is about 589 million.</p><p>Internet Gross Merchandise Value, or GMV, for the region was $170 billion in 2021 and is expected to reach $360 billion by 2025 with e-commerce leading the charge. The shift to e-commerce is not only happening on the consumer side but also on the merchant side. Digital marketing tools, analytical tools, and digital payment solutions have accelerated business for merchants. Shopee&#39;s vertically-integrated platform also makes it easy for merchants in these developing countries to set up shop, distribute goods, and accept payments in a single platform.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fcb903aed7c0ec901fc83c4f25f18b8\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: e-Conomy SEA 2021</span></p><p>Furthermore, Sea has recently expanded its e-commerce operations to other regions such as Latin America and Europe, which further expands its market opportunity.</p><p>Lastly, we have the fintech industry pertaining to SeaMoney. In my <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> (PYPL) deep dive, I discussed the growth of mobile wallets as a payment method in both online and offline transactions. The shift to a cashless and cardless society is inevitable and that is also true for Sea&#39;s markets.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47ec896a6208b6023ae89f654704bbc7\" tg-width=\"1261\" tg-height=\"706\" referrerpolicy=\"no-referrer\"/><span>Source: Ark Invest Big Ideas 2022</span></p><p>As you can see below, mobile wallets continue to gain traction in Southeast Asia. In addition, 92% of digital merchants intend to maintain usage or increase usage of digital payments in the next 1 to 2 years. ShopeePay and SeaMoney&#39;s other brands will benefit from this trend. Also of important note, SeaMoney&#39;s expansion to buy now pay later with SPayLater will be a key GMV and revenue driver for the segment. These are the reasons why some investors are so bullish on SeaMoney and why SeaMoney is a monster lurking in the shadows.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0eb814b800c3121e3fb8cd0913f239d5\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: e-Conomy SEA 2021</span></p><p>As you can see, Sea is at the forefront of three megatrends which should propel the business forward from here. Also, combining the different verticals in the same platform would present a significant synergistic opportunity as Sea establishes itself as a SuperApp in the making.</p><p><b>Revenue Model</b></p><p>As mentioned previously, Sea operates three main business segments.</p><p><b>Digital Entertainment</b></p><p>Garena operates a freemium model whereby users can download and play games for free. The company generates revenue by selling in-game virtual items such as clothing, weaponry, or equipment.</p><p>Investors should take note of how revenue is recognized for this segment. According to Sea&#39;s 10-K:</p><blockquote>Proceeds from these sales are initially recognized as “Advances from customers” and subsequently reclassified to “Deferred revenue” when the users make in-game purchases of the virtual currencies or virtual items within the games operated by the Company and the in-game purchases are no longer refundable.</blockquote><p>Garena also licenses games from other game developers. Revenue is generated based on revenue-sharing/royalty agreements with these developers. Revenue is recognized over the performance obligation period.</p><blockquote>Such delivery obligation period is determined in accordance with the estimated average lifespan of the virtual goods sold or estimated average lifespan of the paying users of the said games or similar games.</blockquote><p><b>E-commerce</b></p><p>Shopee generates revenue through a marketplace model. Sellers on the platform pay Shopee based on paid advertisement services, transaction-based fees, logistics services, and other value-added services.</p><p>Shopee also generates revenue from goods sold directly by Shopee, which the company purchases in bulk from manufacturers or third-party suppliers.</p><p><b>Digital Financial Services</b></p><p>SeaMoney revenue consists of:</p><ul><li>Interest and fees from loans granted to commercial customers</li><li>Interest and fees from Sea&#39;s consumer credit business such as SPayLater</li><li>Commissions charged to merchants when a customer pays using SeaMoney&#39;s mobile wallet</li></ul><p><b>Income Statement</b></p><p>Let&#39;s analyze each of the business segments and then look at the entire Group as a whole.</p><p><b>Digital Entertainment</b></p><p>Garena Revenue saw a 104% increase YoY in Q4. For the full year, Garena Revenue was up 114% YoY.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/998dfbcf3f3dba11b8f8722710c36ba4\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The rapid increase in Revenue was primarily due to recognition of accumulated deferred revenue from previous quarters. Bookings—which is essentially GAAP Revenue plus the change in digital entertainment deferred revenue —actually dropped for the first time QoQ and it is now lower than Revenue. This means that gamers are spending less on in-virtual items which will lead to lower Revenue recognized in subsequent quarters. As you can see, Bookings is in a massive deceleration.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e06de5e6066b66cd5596a445cd912c98\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The drop in Bookings was due to fewer gamers in the platform as the economy reopens and people spend more time outdoors, at school, or in the office. Quarterly Active Users, or QAUs, grew only 7% in Q4 to 652 million, compared to Q3&#39;s QAUs of 729 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c5bdd570a9eb859a9fef8569c9fad10a\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As a result, Quarterly Paying Users, or QPUs, decelerated as well, which led to lower Bookings. Q4 QPUs was 77 million compared to Q3&#39;s 93 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/092c4a2f47b9336f2753b4548707b39f\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The markets reacted negatively to this slowdown in Garena growth as the gaming business acts as the lifeline for Sea&#39;s two other segments. As you can see, Garena is a high-margin business, producing Adjusted EBITDA of $2.7 billion in FY2021. Operating Margin is very high at 61% in Q4. AEBITDA margin, on the other hand, is trending downwards as QoQ adds in Bookings wither.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f28c9f35ee55afb5c7d170a80d26ebf2\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As such, the slowdown in growth for Garena is scaring investors away as it may not provide sufficient cash flow to fund the continued growth of Shopee and SeaMoney.</p><p><b>E-Commerce</b></p><p>Shopee GMV continues its upward march as e-commerce continues to gain traction in Shopee&#39;s existing and newer markets. However, we&#39;re also seeing a deceleration in growth due to tough YoY comps. GMV in FY2021 was $62.5 billion, an increase of 77%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f657f7cacc9e00bc57df0e913fdb9ae\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>GMV growth was also due to an increase in Orders in the Shopee platform, which totaled 6.1 billion in FY2021, an increase of 117%. Average Order Value, or AOV, however, is trending downwards. This may be perceived negatively as processing more lower-AOV orders meant higher logistical expenses and thus lower margins per order.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5fbc7f044de03ec379f262a5bfcdf331\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The increase in GMV translated to higher Shopee Revenue, which grew faster than GMV. Shopee Revenue grew 136% to $5.1 billion in FY2021, as compared to GMV growth of 77%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27710dc2140a6d139900819f51bd688a\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The faster growth in Revenue was due to Shopee&#39;s increasing take rate, which displays Shopee&#39;s ability to monetize its marketplace platform. This is one of the only few positive developments coming out of the most recent earnings update.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e4267bc5d33a2153e8624f73ed71540\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Despite the improving Revenue and take rate, Shopee is still suffering huge losses and it is mounting with each subsequent quarter, primarily due to the company expanding into new markets. FY2021 Shopee AEBITDA was $(2.6) billion at a -50% margin. Recall that Garena AEBITDA was $2.7 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9d27cef61bc9a9058233f7eccc5eaa1\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>AEBITDA per Order has been improving, although it flat-lined in the last few quarters. Again, this is due to the company aggressively expanding into new markets. For example, in Q4, Shopee Brazil recorded 140+ million gross orders with a $70+ million Revenue, up 400% and 326%, respectively. However, AEBITDA per Order in Brazil is still negative at $(2) per Order, despite being a 40% improvement from last year. As such, it is still a far cry from the overall AEBITDA per Order of $(0.45).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c0d6aa930a81ea4fc153b7134dbf9d3\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>On the bright side, in Southeast Asia and Taiwan, Q4 AEBITDA per Order before &#34;allocation of the headquarters’ common expenses&#34; was $(0.15), an improvement from last year&#39;s $(0.21). This shows that there is certainly hope for Shopee to be AEBITDA positive soon, which management has pointed out during the Q4 earnings call:</p><blockquote>We currently expect Shopee to achieve positive adjusted EBITDA before HQ cost allocation in Southeast Asia and Taiwan by this year. We also expect SeaMoney to achieve positive cash flow by next year. As a result, we currently expect that by 2025 cash generated by Shopee and SeaMoney proactively will enable these two businesses to substantially self-fund their own long-term growth.</blockquote><p><b>Digital Financial Services</b></p><p>SeaMoney&#39;s Mobile Wallet Total Payment Volume grew 120% YoY to $17.2 billion in FY2021 due to the increasing adoption of mobile wallets in the region.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fa5ef6efa513d9040963fda42b4b9f2\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The growth in TPV was largely driven by the growth in QAUs. As shown below, the total ending QAUs in Q4 grew 90% YoY to 45.8 million users.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9397aec066366f40ec92c24187347a44\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The real exciting part is that Revenue grew much faster than TPV and QAUs. SeaMoney Revenue is growing at a blistering pace, locking in high triple-digit growth rates over the last few years. FY2021 SeaMoney Revenue was $470 million, which is an increase of 673% from the previous year. This is due to take rates increasing from less than 1% in FY2020 to almost 4% by the end of the latest quarter.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dcaf6046cf3c27e00b233a8428eb2d75\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Furthermore, in Indonesia, over 20% of the QAUs have used more than one SeaMoney product or service, which includes credit services, digital banking, and insurance. As SeaMoney introduces more offerings, revenue should accelerate meaningfully as average revenue per user increases when people use additional products.</p><p>As SeaMoney continues to gain scale, the segment will enjoy better unit economics. As shown below, while SeaMoney&#39;s AEBITDA is still in deeply negative territories, AEBITDA Margins has continued to trend towards profitability. Management also expects SeaMoney to be cash flow positive by next year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51f0d5a1800fef748694417e8cb8fc9f\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>This is the segment that investors should pay special attention to, given that it has the potential to be Sea&#39;s second cash cow. For example, PayPal has Operating Margins of 20%+, which could be SeaMoney&#39;s long-term margin profile.</p><p><b>Group</b></p><p>With that said, let&#39;s take a look at how the business is doing as a whole.</p><p>FY2021 Revenue was $10.0 billion, an increase of 128% YoY. Due to the law of large numbers and tough YoY comps, Revenue growth should decelerate from here.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/38de60bd773f3ef7afc4b2e28aa1c08f\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Here, we can see how Revenue is distributed across the different segments.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a86e59478db8a3a4fdc85897f24410e9\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>What&#39;s encouraging is that Gross Profit Margins continue to trend upwards as the company gains economies of scale, even accounting for Shopee&#39;s aggressive expansion into new markets. FY2021 Gross Profit was $3.9 billion, up 189% YoY.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd978ba4047cc6e20ac6086ba8420a8f\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Operating Expenses, however, remain elevated as management forgoes short-term profitability for long-term market dominance. FY2021 Total Operating Expenses were $5.5 billion. Below shows the different components of Operating Expenses as a percentage of Revenue.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fbdbde2c2ae744f36f8168ed32f94d62\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Most of the Operating Expenses were used for Sales &amp; Marketing purposes. Unsurprisingly, Shopee had the highest S&amp;M burn rate. Discounts, cashback, celebrity promotions... they&#39;re everywhere.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5253f186120da17c4cd901e5c442bd1e\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As a result, Operating Profit Margins is still negative, although it is trending in the right direction.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a27b7833551107397c44acefc5ad2475\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>AEBITDA, on the other hand, is plunging. This is due to Garena&#39;s falling Bookings and Shoppe&#39;s widening losses. AEBITDA for FY2021 was $(594) million, compared to FY2020 positive AEBITDA of $107 million. This is probably the most concerning figure for investors as such a high cash burn rate is unsustainable, which may also lead to additional capital raises that are dilutive to shareholders.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d89fb95f74e23e85f8932870c0190bee\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The guidance did not help either. Garena Bookings is expected to fall to just $3 billion, which is $1.3 billion lower than FY2021&#39;s number. Management blamed the reopening of the economy as well as the ban of Free Fire in India for the expected drop in Bookings. Assuming a modest 50% AEBITDA margin, Garena would bring in just $1.5 billion of AEBITDA for Sea in FY2022.</p><p>On the other side, the other two segments are expected to continue with their immense pace of growth — Shopee and SeaMoney are expected to grow by 76% and 155%, respectively. If we assume a (50)% AEBITDA margin for both segments, Shopee and SeaMoney is expected to burn a total of about $(5.1) billion of AEBITDA. Adding Garena&#39;s estimated AEBITDA of $1.5 billion, Sea, as a Group, is expected to burn $(3.6) billion in FY2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae5e9399a838e5f841dcccaffbe673d8\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited FY2021 Q4 Investor Presentation</span></p><p>Because Garena is such an important piece of Shopee&#39;s and SeaMoney&#39;s growth story, a deceleration in Garena&#39;s business had investors reacting so negatively to Sea&#39;s latest earnings release, as now, the gaming business is incapable of covering the massive losses incurred by the other two business segments.</p><p><b>Balance Sheet</b></p><p>Sea&#39;s balance sheet position as of year-end FY2021 is at about $10.2 billion of Cash and Short Term Investments. While this may show that Sea has a substantial cushion against its short-term cash burn rate, its net cash position paints a different picture.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc30ee494abc2eda3b75434b96e4a66b\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited FY2021 Q4 Investor Presentation</span></p><p>Adjusting for Sea&#39;s debt, Sea ended the year with a net cash position of around $5.9 billion. A substantial amount of its total debt comes from its recent issuance of 0.25% Convertible Senior Notes due 2026. The notes were issued when the stock was trading at $318 per share back in September and the initial conversion price is set at $477 per share. So, yes... conversion in the next 2 to 3 years is very unlikely.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8d3d0030e6518cc4198245f624cc75e1\" tg-width=\"640\" tg-height=\"437\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>With net cash of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won&#39;t be long before Sea requires another cash infusion. Therefore, if the high cash burn rate persists for the next 2 to 3 years, investors face a major risk of increasing financial leverage and/or dilution in the form of equity raises.</p><p><b>Cash Flow Statement</b></p><p>Here is what cash flow looks like over the last few quarters. Notice how Operating Cash Flow turned negative in the last quarter. Most of the cash also comes from Financing activities.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a0aba061277a1410bb9f3dc176ea0115\" tg-width=\"640\" tg-height=\"263\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Unlike other high-flying growth companies, Sea&#39;s Share-Based Compensation expenses are relatively low.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81fa229682c8880d6edd35535ef6a747\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p><b>Competitive Moats</b></p><p>Based on my research and analysis, I identified three key competitive moats for Sea: brand, network effects, and barriers to entry. I used to think that Sea has cost advantages but as Garena becomes a smaller part of the overall business, and as losses continue to worsen, I have reason to believe that Sea no longer holds that moat.</p><p><b>Brand</b></p><p>As discussed in previous sections, Garena&#39;s games, particularly Free Fire, have consistently ranked as the most downloaded mobile game in the world. Additionally, the Shopee app has gained cross-border stardom and is now regarded as the most downloaded or fastest-trending shopping App in the countries it operates in. Lastly, SeaMoney is also gaining traction with banking licenses granted in various countries that should increase brand value and trust.</p><p><b>Network Effects</b></p><p>The sheer amount of app downloads leads to powerful network effects. Garena has 652 million QAUs, which is about 8% of the world&#39;s population. Shopee recorded 200+ million app downloads in FY2021 alone. SeaMoney QAUs topped 45.8 million in Q4 and it is still in the early stages of adoption.</p><p>With all these users in the Sea platform, cross-selling new products or services should be easier as Sea continues to scale. One such example is Shopee Brazil and Free Fire where each platform is encouraging consumers to use the other. As Sea continues to innovate and offer better experiences for its customers, the ecosystem gets bigger and tighter, leading to powerful network effects.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c641ac08707cc868b9e6004e2deaf950\" tg-width=\"1200\" tg-height=\"600\" referrerpolicy=\"no-referrer\"/><span>Source: Shopee Brazil</span></p><p><b>Barriers To Entry</b></p><p>I believe each of Sea&#39;s core businesses is operating in a winner-takes-most environment with high barriers to entry.</p><p>The mobile gaming environment requires the most talented developers to launch blockbuster games. Garena&#39;s Free Fire is certainly a blockbuster game and time in Free Fire&#39;s game means time away from other mobile games.</p><p>Just like how Amazon (AMZN) dominates in the US, the e-commerce landscape in Southeast Asia and Latin America is dominated by a few players, such as Shopee, Tokopedia, and <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a> (MELI). The scale and unit economics that these players have achieved makes it unsustainable for new entrants to compete with them.</p><p>Banking and fintech is also a highly-regulated environment. Furthermore, consumers prefer to have just one mobile wallet, such as ShopeePay, as opposed to owning several different fintech applications.</p><p><b>Valuation</b></p><p>Based on my sum-of-the-parts and comparable company valuation analysis, Sea looks to be slightly undervalued with 19% upside potential. Of course, comparables are not perfect but based on this, we can gauge where Sea stands among peers.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f2400cd917e5f6ce8c47ef74a8062093\" tg-width=\"640\" tg-height=\"353\" referrerpolicy=\"no-referrer\"/><span>Source: Author&#39;s Analysis</span></p><p>On the flip side, Sea looks extremely cheap on a historical basis. In terms of EV/Sales, Sea is trading at the lowest valuation since its IPO, trading at just 4.2x forward sales.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bed1fd805a89523bbb8fa982bee40079\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/><span>Source: Koyfin</span></p><p>In terms of EV/Gross Profit, Sea is trading even cheaper than its March 2020 lows.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdf589a808c84131e9c36aa7b65a5129\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/><span>Source: Koyfin</span></p><p>The valuation compression is warranted given that the company flew too close to the sun and now it is cratering back to the sea — not just for Sea, but almost all growth stocks took a beating. Growth is also slowing down and the macroeconomic environment looks gloomier than ever. However, this is not the end of the world; I think the markets are overreacting. Diversion from the mean goes both ways — perhaps, current prices present a good margin of safety for long-term investors.</p><p><b>Catalysts</b></p><ul><li><b>Successful International Expansion</b> — Shopee has been successful in replicating its playbook from Southeast Asia to Brazil. Recently, Shopee launched operations in India, Mexico, Chile, Colombia, Argentina, Poland, and Spain. If Shopee can take substantial market share in these new regions, Shopee&#39;s growth could turn exponential.</li><li><b>The Metaverse</b> — Sea&#39;s withering gaming division needs to be revitalized. New games and features could definitely provide the boost that it needs. For example, the metaverse is an exciting opportunity and Garena could introduce this concept to its 600+ million QAUs. Sea AI Lab (SAIL) and Sea Capital are two ventures that could accelerate the company into emerging industries, including the metaverse.</li></ul><blockquote>We will continue to encourage user-generated content by enhancing greater features and accessibility. We believe that a strong user reception to Craftland is a positive indicator of the initial success to encourage user participation in content creation and to build Free Fire into an increasingly open platform and is well aligned with major emerging industry trends such as metaverse.</blockquote><ul><li><b>Regional SuperApp</b> — Although this concept has yet to be discussed by management, launching a regional SuperApp could enhance user engagement to new levels. For example, imagine Shopee users being able to play games, shop, order food delivery, pay for services, transfer money, invest, all under one app. Imagine users being able to convert their deposited funds in ShopeePay, into ShopeeCoins, and use it to perform cross-border transactions.</li><li><b>Continued Growth In SeaMoney</b> — SeaMoney is still in its early stages and continued adoption of Sea&#39;s digital financial services offerings will be a strong addition to Sea&#39;s bull thesis. SPayLater has real potential to disrupt the consumer credit industry. SeaBank and ShopeePay have the opportunity to capture digital wallet, digital banking, and cashless society trends.</li><li><b>Free Fire India Ban Lift</b>— Garena&#39;s weak guidance factored in the headwinds coming from the ban in India. If the ban is lifted, the stock may react positively as much of Sea&#39;s cash burn problems may be eliminated.</li></ul><p><b>Risks</b></p><ul><li><b>The Pressure to Launch Blockbuster Games</b>— There will come a time when Free Fire will be dethroned as the most-played and most-downloaded game. That is just how the gaming business works. This puts a substantial risk on the cash flow generation potential of Garena. Launching blockbuster games is never easy and it requires many trials and errors along the way. For me, I would like to see Garena shift to a gaming franchise model where the company launches an updated version of an existing game every year or two, which presents a more stable and recurring revenue stream for the company. An example would be FIFA or Call of Duty.</li><li><b>Shopee India Ban</b> — With Free Fire banned in India, there&#39;s also the potential for Shoppe to be banned as well.</li><li><b>Failure to Gain Traction in International Markets</b>— Shopee pulled out of France in early March, an indication that Shoppe&#39;s business model is not replicable in other countries, especially in more developed regions. Shopee Poland and Spain may be next on the exit list as they hold a close resemblance to France.</li><li><b>Geopolitical Risks</b>— Tencent, a Chinese company, has an 18.7% equity stake in Sea. Sanctions, bans, and other restrictions on Chinese companies, given the current geopolitical environment, could spell trouble for Sea. Tencent may have to cut exposure on Sea or even dissolve its developing-publishing partnership with Garena.</li><li><b>Local Competition</b>— Local champions operating in their respective markets cannot be ignored. These include GoTo in Indonesia, MercadoLibre in Latin America, and Flipkart in India.</li></ul><p>In addition, there&#39;s a certain level of pride for consumers to see their native-born companies succeed. I&#39;m Indonesian, and it makes me really happy to see GoTo grow and grow.</p><p>GoTo, the holding company of both Indonesian tech darlings Gojek and Tokopedia, recently announced its plan to IPO in the Indonesia Stock Exchange. Here&#39;s a glance of GoTo&#39;s stats for the 12-months ended 30 September 2021:</p><ul><li>Valuation: $26.2 billion to $28.8 billion</li><li>GMV: $28.8 billion</li><li>Revenue: $1 billion</li><li>Gross Orders: 2 billion</li><li>Annual Transacting Users: 55 million</li><li>Driver Partners: 2.5 million</li><li>Merchants: 14 million</li></ul><p>The point is that there are big-time local players operating in Sea&#39;s markets that investors should never ignore. Here&#39;s a little snippet from my previous Shopee article:</p><blockquote>But with the GoTo merger, Indonesia could potentially extinguish the orange flame that charred its forest for many years. Now, GoTo could finally reclaim a good chunk of its territory that was lost to waves of competition, especially from Shopee. GoTo could finally gain more ground as the roots grew even stronger with the merger, fertilized with the synergies of value propositions, logistics, payments, and banking solutions.</blockquote><blockquote>Meanwhile, Sea Limited&#39;s stock continues to soar, ignoring the titan of an elephant in the room. And because of GoTo&#39;s integration, Shopee&#39;s vertically-integrated business model doesn&#39;t look like a strong competitive advantage anymore.</blockquote><p><b>Conclusion</b></p><p>Each of Sea&#39;s core businesses is in hypergrowth mode, propelled by megatrends in the mobile gaming, e-commerce, and fintech industry. Management understands these opportunities and therefore, is sacrificing short-term profitability for long-term market dominance. Despite being a larger business, Sea still has a massive growth runway ahead.</p><p>That is not to say that unprofitability and competition risks can and should be ignored. The biggest concern for investors is the company&#39;s unsustainable cash burn rate, which will likely lead to further capital raises in the near future.</p><p>Nonetheless, the long-term growth thesis for the three-headed monster remains intact. Strong brand, network effects, and barriers to entry moats should support the business going forward. In addition, shares of Sea are trading at the lowest valuation multiples ever, which presents a good margin of safety for an entry at these prices.</p><p>Thank you for reading my Sea Limited deep dive. If you enjoyed the article, please let me know in the comment section down below. If you have any suggestions or feedback, don&#39;t hesitate to share your thoughts as well.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited: The Three-Headed Monster</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Limited: The Three-Headed Monster\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-19 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.In addition, Shopee's losses are widening. However, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2220777059","content_text":"SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.In addition, Shopee's losses are widening. However, the e-commerce segment is expected to be self-funded by 2025. This is achievable as take rates are trending in the right direction.SeaMoney is also gaining traction at an unprecedented pace, a monster lurking in the shadows. Investors should pay attention as this segment could serve as Sea's second cash cow.With a net cash position of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won't be long before Sea requires another cash infusion.Despite unprofitability risks, Sea has a strong brand, network effects, and barriers to entry moats. The stock is trading at the lowest multiple ever - it is worth a nibble at these prices.undefined undefined/iStock via Getty ImagesI've been following Sea Limited ADR (NYSE:SE) for quite some time now and the stock got me interested again given the recent 75% selloff. Today, I'm doing a deep dive on the three-headed monster (and each of its heads) to see if the company is a good investment opportunity at these levels. Let's get started!Investment ThesisSea is at the forefront of the internet revolution in developing regions. This had many investors buying into the growth story of the company, sending shares soaring high into the sun for the better part of 2020 and 2021. However, the stock has cratered back to sea amid concerns about the company's slowing growth, especially for its only cash cow, Garena. To make matters worse, Shopee's losses are also getting worse.The Group's cash burn rate is still high, estimated to be $(3.6) billion in FY2022. With a net cash position of $5.9 billion, future capital raises are very likely.On the bright side, Sea still has a long growth runway ahead, solidified by its leadership positions in Southeast Asia and Latin America. SeaMoney, although still unprofitable, could also emerge as Sea's second cash cow.Despite unprofitability and competitive risks, Sea has strong competitive moats and it is trading at the cheapest valuation multiples since its IPO.The three-headed monster is a Buy at these levels.Value PropositionFounded in Singapore in 2009, Sea has grown to become the leading consumer internet company in the world, with a substantial presence in the Southeast Asian region.Mission: To better the lives of consumers and small businesses with technology.Sea is a holding company for three core businesses: Garena, Shopee, and SeaMoney. Sea's main value proposition is providing a vertically-integrated experience through its different core businesses.GarenaIts digital entertainment division, Garena, was Sea's first business venture. In fact, Sea was originally named Garena Interactive Holding Limited before changing its name to Sea Limited in 2017.Garena is one of the largest online games developers and publishers, releasing some of the most successful mobile and PC games over the last decade. For example, Garena's Free Fire, its self-developed mobile battle royale game, topped the global download charts for the last three years. According to data.ai, Free Fire also ranked second globally by average monthly active users on Google Play in 2021. In Southeast Asia and Latin America, Free Fire was the highest-grossing mobile game for ten consecutive quarters, and in the US for four consecutive quarters. Based on Sensor Tower's findings, Free Fire still holds the most downloads globally as of January 2022.Source: SensorTowerGarena also exclusively licenses and publishes games from global partners and third-party developers. Some of these partners include Tencent (OTCPK:TCEHY), Activision (ATVI), and Arumgames. Games like Speed Drifters, Arena of Valor, and Fantasy Town fall into this category as they are co-developed with partners or licensed from partners.In addition, Garena organizes some of the largest e-sports events from local tournaments to professional competitions at a global level. Moreover, Garena offers other entertainment content such as live-streaming, user chat, and online forums.ShopeePerhaps the most exciting business segment is Sea's mobile-centric e-commerce platform, Shopee. Launched in 2015, Shopee is now one of the fastest-growing e-commerce marketplaces with a strong presence in Southeast Asia, as well as growing recognition in Latin America and some European countries.Source: ShopeeThrough the Shopee platform, buyers can purchase items from sellers which are primarily small and medium businesses (or mom-and-pop stores). At the same time, larger, more established retailers like Xiaomi (OTCPK:XIACF), Microsoft (MSFT), or Samsung (OTC:SSNLF) can leverage Shopee's two premium shopping platforms, Shopee Mall and Shopee Premium.Along with Shopee's e-commerce marketplace, Shopee also offers adjacent products and services for both buyers and sellers:Service by Shopee - Value-added services for sellers such as integrated payment, logistics, fulfillment, seller support, inventory management, and online store operations.BuyerProtection - Consumer protection policies and procedures including seller verification, product listing screening, and dispute resolution. In addition, Shopee Guarantee reduces settlement risks by holding customers' funds in a separate account until delivery is complete, where funds will be released to buyers.Integrated Logistics Services- Shopee partners with various local and regional third-party logistics service providers to provide a seamless last-mile delivery experience for both buyers and sellers. Shopee also has its own delivery service called Shopee Xpress.Social Features - Shopee also offers other social and gamification features, including Shopee Coins (virtual currency), Shopee Live (livestream), Shopee Games (in-app games), and Shopee Feed (similar to Instagram).On-demand Services- Shopee also recently launched on-demand services such as ShopeeFood, instant delivery, and groceries, competing directly with Grab (GRAB), Gojek, and Uber (UBER).Shopee's scale is unmatched and it is still growing at an unprecedented pace. According to data.ai, Shopee in Southeast Asia and Taiwan ranked first in average monthly active users and total time spent in the app in 2021. Shopee Indonesia, arguably Shopee's most important market, ranked first in the Shopping category. Shopee Brazil, which launched in October 2019, was also ranked first in the Shopping category. And globally, Shopee ranked first in the Shopping category, and is the #13 most downloaded app regardless of category, logging in 200+ million downloads in 2021.Source: SensorTowerSeaMoneySeaMoney was launched in 2014 and is now one of the leading digital financial services providers in Sea's operating countries. SeaMoney offers mobile wallet services, payment processing, credit, and other digital financial services. These services are offered under SeaMoney's various brands including AirPay, ShopeePay, SPayLater, and other local brands depending on the country. SeaMoney was initially launched in Vietnam and Thailand but has since expanded to other regions.Through SeaMoney's mobile wallet offerings, consumers and merchants have added flexibility in terms of payment options, whether through online or offline means. The launch of SPayLater, which is basically a \"buy now pay later\" payment option, enables consumers to purchase items without accessing credit. For those who are interested, I've written a deep dive on Affirm (AFRM) where I discuss the main value propositions that BNPL provides.SeaMoney has obtained bank licenses and government approvals to provide financial services in various countries. For example, Sea acquired Bank Kesejahteraan Ekonomi in Indonesia back in early 2021 as a push towards offering a digital banking solution. The company is now rebranded to SeaBank, which currently offers a high-yield savings account and virtual account.Source: SeaBank WebsiteSeaMoney's main value proposition lies in offering a mobile wallet and payment solutions that are integrated with Sea's other businesses, namely Garena and Shopee, enabling consumers and merchants to transact seamlessly in one vertically-integrated platform.Market OpportunitySea's market opportunity is predicated around the industry outlook of each of its business segments: mobile gaming, e-commerce, and fintech. Let's take a look at each industry that Sea operates in.First, we have the mobile gaming industry. According to data.ai, Mobile Game Consumer Spend grew from $74 billion in 2018 to $116 billion in 2021, while Mobile Game Downloads grew from 63 billion in 2018 to 83 billion in 2021. Among the Top Genres by Downloads were Hypercasual games such as Hair Challenge and Water Sort Puzzle. However, the Top Genres by Consumer Spend belong to the Strategy, RPG, and Shooting categories where Garena specializes in. For example, Free Fire was the top Shooting game by revenue in Thailand, Brazil, Mexico, and the US, in 2021. Globally, however, it is still behind PUBG Mobile, which generates the bulk of its revenue from China.Source: SensorTowerAccording to Adjust, the mobile gaming industry is expected to reach $272 billion by 2030, which is about 1.5x of 2021's total figure. Given Garena's successes in monetizing its games, Garena should continue to enjoy gaming tailwinds in the foreseeable future, provided that its games remain in trend. This is also supported by Unity's findings that the APAC region is the fastest-growing regional market, a market that Garena dominates in.Moving on to e-commerce, we all know that e-commerce is growing rapidly and that its market share as a whole will continue to trend up from here. This is especially true for the Southeast Asian region where internet and smartphone adoption continues to increase by the day. Based on the e-Conomy SEA report, Southeast Asia now has 440 million internet users, up from 360 million in 2019. Its total population is about 589 million.Internet Gross Merchandise Value, or GMV, for the region was $170 billion in 2021 and is expected to reach $360 billion by 2025 with e-commerce leading the charge. The shift to e-commerce is not only happening on the consumer side but also on the merchant side. Digital marketing tools, analytical tools, and digital payment solutions have accelerated business for merchants. Shopee's vertically-integrated platform also makes it easy for merchants in these developing countries to set up shop, distribute goods, and accept payments in a single platform.Source: e-Conomy SEA 2021Furthermore, Sea has recently expanded its e-commerce operations to other regions such as Latin America and Europe, which further expands its market opportunity.Lastly, we have the fintech industry pertaining to SeaMoney. In my PayPal (PYPL) deep dive, I discussed the growth of mobile wallets as a payment method in both online and offline transactions. The shift to a cashless and cardless society is inevitable and that is also true for Sea's markets.Source: Ark Invest Big Ideas 2022As you can see below, mobile wallets continue to gain traction in Southeast Asia. In addition, 92% of digital merchants intend to maintain usage or increase usage of digital payments in the next 1 to 2 years. ShopeePay and SeaMoney's other brands will benefit from this trend. Also of important note, SeaMoney's expansion to buy now pay later with SPayLater will be a key GMV and revenue driver for the segment. These are the reasons why some investors are so bullish on SeaMoney and why SeaMoney is a monster lurking in the shadows.Source: e-Conomy SEA 2021As you can see, Sea is at the forefront of three megatrends which should propel the business forward from here. Also, combining the different verticals in the same platform would present a significant synergistic opportunity as Sea establishes itself as a SuperApp in the making.Revenue ModelAs mentioned previously, Sea operates three main business segments.Digital EntertainmentGarena operates a freemium model whereby users can download and play games for free. The company generates revenue by selling in-game virtual items such as clothing, weaponry, or equipment.Investors should take note of how revenue is recognized for this segment. According to Sea's 10-K:Proceeds from these sales are initially recognized as “Advances from customers” and subsequently reclassified to “Deferred revenue” when the users make in-game purchases of the virtual currencies or virtual items within the games operated by the Company and the in-game purchases are no longer refundable.Garena also licenses games from other game developers. Revenue is generated based on revenue-sharing/royalty agreements with these developers. Revenue is recognized over the performance obligation period.Such delivery obligation period is determined in accordance with the estimated average lifespan of the virtual goods sold or estimated average lifespan of the paying users of the said games or similar games.E-commerceShopee generates revenue through a marketplace model. Sellers on the platform pay Shopee based on paid advertisement services, transaction-based fees, logistics services, and other value-added services.Shopee also generates revenue from goods sold directly by Shopee, which the company purchases in bulk from manufacturers or third-party suppliers.Digital Financial ServicesSeaMoney revenue consists of:Interest and fees from loans granted to commercial customersInterest and fees from Sea's consumer credit business such as SPayLaterCommissions charged to merchants when a customer pays using SeaMoney's mobile walletIncome StatementLet's analyze each of the business segments and then look at the entire Group as a whole.Digital EntertainmentGarena Revenue saw a 104% increase YoY in Q4. For the full year, Garena Revenue was up 114% YoY.Source: Sea Limited Investor Relations and Author's AnalysisThe rapid increase in Revenue was primarily due to recognition of accumulated deferred revenue from previous quarters. Bookings—which is essentially GAAP Revenue plus the change in digital entertainment deferred revenue —actually dropped for the first time QoQ and it is now lower than Revenue. This means that gamers are spending less on in-virtual items which will lead to lower Revenue recognized in subsequent quarters. As you can see, Bookings is in a massive deceleration.Source: Sea Limited Investor Relations and Author's AnalysisThe drop in Bookings was due to fewer gamers in the platform as the economy reopens and people spend more time outdoors, at school, or in the office. Quarterly Active Users, or QAUs, grew only 7% in Q4 to 652 million, compared to Q3's QAUs of 729 million.Source: Sea Limited Investor Relations and Author's AnalysisAs a result, Quarterly Paying Users, or QPUs, decelerated as well, which led to lower Bookings. Q4 QPUs was 77 million compared to Q3's 93 million.Source: Sea Limited Investor Relations and Author's AnalysisThe markets reacted negatively to this slowdown in Garena growth as the gaming business acts as the lifeline for Sea's two other segments. As you can see, Garena is a high-margin business, producing Adjusted EBITDA of $2.7 billion in FY2021. Operating Margin is very high at 61% in Q4. AEBITDA margin, on the other hand, is trending downwards as QoQ adds in Bookings wither.Source: Sea Limited Investor Relations and Author's AnalysisAs such, the slowdown in growth for Garena is scaring investors away as it may not provide sufficient cash flow to fund the continued growth of Shopee and SeaMoney.E-CommerceShopee GMV continues its upward march as e-commerce continues to gain traction in Shopee's existing and newer markets. However, we're also seeing a deceleration in growth due to tough YoY comps. GMV in FY2021 was $62.5 billion, an increase of 77%.Source: Sea Limited Investor Relations and Author's AnalysisGMV growth was also due to an increase in Orders in the Shopee platform, which totaled 6.1 billion in FY2021, an increase of 117%. Average Order Value, or AOV, however, is trending downwards. This may be perceived negatively as processing more lower-AOV orders meant higher logistical expenses and thus lower margins per order.Source: Sea Limited Investor Relations and Author's AnalysisThe increase in GMV translated to higher Shopee Revenue, which grew faster than GMV. Shopee Revenue grew 136% to $5.1 billion in FY2021, as compared to GMV growth of 77%.Source: Sea Limited Investor Relations and Author's AnalysisThe faster growth in Revenue was due to Shopee's increasing take rate, which displays Shopee's ability to monetize its marketplace platform. This is one of the only few positive developments coming out of the most recent earnings update.Source: Sea Limited Investor Relations and Author's AnalysisDespite the improving Revenue and take rate, Shopee is still suffering huge losses and it is mounting with each subsequent quarter, primarily due to the company expanding into new markets. FY2021 Shopee AEBITDA was $(2.6) billion at a -50% margin. Recall that Garena AEBITDA was $2.7 billion.Source: Sea Limited Investor Relations and Author's AnalysisAEBITDA per Order has been improving, although it flat-lined in the last few quarters. Again, this is due to the company aggressively expanding into new markets. For example, in Q4, Shopee Brazil recorded 140+ million gross orders with a $70+ million Revenue, up 400% and 326%, respectively. However, AEBITDA per Order in Brazil is still negative at $(2) per Order, despite being a 40% improvement from last year. As such, it is still a far cry from the overall AEBITDA per Order of $(0.45).Source: Sea Limited Investor Relations and Author's AnalysisOn the bright side, in Southeast Asia and Taiwan, Q4 AEBITDA per Order before \"allocation of the headquarters’ common expenses\" was $(0.15), an improvement from last year's $(0.21). This shows that there is certainly hope for Shopee to be AEBITDA positive soon, which management has pointed out during the Q4 earnings call:We currently expect Shopee to achieve positive adjusted EBITDA before HQ cost allocation in Southeast Asia and Taiwan by this year. We also expect SeaMoney to achieve positive cash flow by next year. As a result, we currently expect that by 2025 cash generated by Shopee and SeaMoney proactively will enable these two businesses to substantially self-fund their own long-term growth.Digital Financial ServicesSeaMoney's Mobile Wallet Total Payment Volume grew 120% YoY to $17.2 billion in FY2021 due to the increasing adoption of mobile wallets in the region.Source: Sea Limited Investor Relations and Author's AnalysisThe growth in TPV was largely driven by the growth in QAUs. As shown below, the total ending QAUs in Q4 grew 90% YoY to 45.8 million users.Source: Sea Limited Investor Relations and Author's AnalysisThe real exciting part is that Revenue grew much faster than TPV and QAUs. SeaMoney Revenue is growing at a blistering pace, locking in high triple-digit growth rates over the last few years. FY2021 SeaMoney Revenue was $470 million, which is an increase of 673% from the previous year. This is due to take rates increasing from less than 1% in FY2020 to almost 4% by the end of the latest quarter.Source: Sea Limited Investor Relations and Author's AnalysisFurthermore, in Indonesia, over 20% of the QAUs have used more than one SeaMoney product or service, which includes credit services, digital banking, and insurance. As SeaMoney introduces more offerings, revenue should accelerate meaningfully as average revenue per user increases when people use additional products.As SeaMoney continues to gain scale, the segment will enjoy better unit economics. As shown below, while SeaMoney's AEBITDA is still in deeply negative territories, AEBITDA Margins has continued to trend towards profitability. Management also expects SeaMoney to be cash flow positive by next year.Source: Sea Limited Investor Relations and Author's AnalysisThis is the segment that investors should pay special attention to, given that it has the potential to be Sea's second cash cow. For example, PayPal has Operating Margins of 20%+, which could be SeaMoney's long-term margin profile.GroupWith that said, let's take a look at how the business is doing as a whole.FY2021 Revenue was $10.0 billion, an increase of 128% YoY. Due to the law of large numbers and tough YoY comps, Revenue growth should decelerate from here.Source: Sea Limited Investor Relations and Author's AnalysisHere, we can see how Revenue is distributed across the different segments.Source: Sea Limited Investor Relations and Author's AnalysisWhat's encouraging is that Gross Profit Margins continue to trend upwards as the company gains economies of scale, even accounting for Shopee's aggressive expansion into new markets. FY2021 Gross Profit was $3.9 billion, up 189% YoY.Source: Sea Limited Investor Relations and Author's AnalysisOperating Expenses, however, remain elevated as management forgoes short-term profitability for long-term market dominance. FY2021 Total Operating Expenses were $5.5 billion. Below shows the different components of Operating Expenses as a percentage of Revenue.Source: Sea Limited Investor Relations and Author's AnalysisMost of the Operating Expenses were used for Sales & Marketing purposes. Unsurprisingly, Shopee had the highest S&M burn rate. Discounts, cashback, celebrity promotions... they're everywhere.Source: Sea Limited Investor Relations and Author's AnalysisAs a result, Operating Profit Margins is still negative, although it is trending in the right direction.Source: Sea Limited Investor Relations and Author's AnalysisAEBITDA, on the other hand, is plunging. This is due to Garena's falling Bookings and Shoppe's widening losses. AEBITDA for FY2021 was $(594) million, compared to FY2020 positive AEBITDA of $107 million. This is probably the most concerning figure for investors as such a high cash burn rate is unsustainable, which may also lead to additional capital raises that are dilutive to shareholders.Source: Sea Limited Investor Relations and Author's AnalysisThe guidance did not help either. Garena Bookings is expected to fall to just $3 billion, which is $1.3 billion lower than FY2021's number. Management blamed the reopening of the economy as well as the ban of Free Fire in India for the expected drop in Bookings. Assuming a modest 50% AEBITDA margin, Garena would bring in just $1.5 billion of AEBITDA for Sea in FY2022.On the other side, the other two segments are expected to continue with their immense pace of growth — Shopee and SeaMoney are expected to grow by 76% and 155%, respectively. If we assume a (50)% AEBITDA margin for both segments, Shopee and SeaMoney is expected to burn a total of about $(5.1) billion of AEBITDA. Adding Garena's estimated AEBITDA of $1.5 billion, Sea, as a Group, is expected to burn $(3.6) billion in FY2021.Source: Sea Limited FY2021 Q4 Investor PresentationBecause Garena is such an important piece of Shopee's and SeaMoney's growth story, a deceleration in Garena's business had investors reacting so negatively to Sea's latest earnings release, as now, the gaming business is incapable of covering the massive losses incurred by the other two business segments.Balance SheetSea's balance sheet position as of year-end FY2021 is at about $10.2 billion of Cash and Short Term Investments. While this may show that Sea has a substantial cushion against its short-term cash burn rate, its net cash position paints a different picture.Source: Sea Limited FY2021 Q4 Investor PresentationAdjusting for Sea's debt, Sea ended the year with a net cash position of around $5.9 billion. A substantial amount of its total debt comes from its recent issuance of 0.25% Convertible Senior Notes due 2026. The notes were issued when the stock was trading at $318 per share back in September and the initial conversion price is set at $477 per share. So, yes... conversion in the next 2 to 3 years is very unlikely.Source: Sea Limited Investor Relations and Author's AnalysisWith net cash of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won't be long before Sea requires another cash infusion. Therefore, if the high cash burn rate persists for the next 2 to 3 years, investors face a major risk of increasing financial leverage and/or dilution in the form of equity raises.Cash Flow StatementHere is what cash flow looks like over the last few quarters. Notice how Operating Cash Flow turned negative in the last quarter. Most of the cash also comes from Financing activities.Source: Sea Limited Investor Relations and Author's AnalysisUnlike other high-flying growth companies, Sea's Share-Based Compensation expenses are relatively low.Source: Sea Limited Investor Relations and Author's AnalysisCompetitive MoatsBased on my research and analysis, I identified three key competitive moats for Sea: brand, network effects, and barriers to entry. I used to think that Sea has cost advantages but as Garena becomes a smaller part of the overall business, and as losses continue to worsen, I have reason to believe that Sea no longer holds that moat.BrandAs discussed in previous sections, Garena's games, particularly Free Fire, have consistently ranked as the most downloaded mobile game in the world. Additionally, the Shopee app has gained cross-border stardom and is now regarded as the most downloaded or fastest-trending shopping App in the countries it operates in. Lastly, SeaMoney is also gaining traction with banking licenses granted in various countries that should increase brand value and trust.Network EffectsThe sheer amount of app downloads leads to powerful network effects. Garena has 652 million QAUs, which is about 8% of the world's population. Shopee recorded 200+ million app downloads in FY2021 alone. SeaMoney QAUs topped 45.8 million in Q4 and it is still in the early stages of adoption.With all these users in the Sea platform, cross-selling new products or services should be easier as Sea continues to scale. One such example is Shopee Brazil and Free Fire where each platform is encouraging consumers to use the other. As Sea continues to innovate and offer better experiences for its customers, the ecosystem gets bigger and tighter, leading to powerful network effects.Source: Shopee BrazilBarriers To EntryI believe each of Sea's core businesses is operating in a winner-takes-most environment with high barriers to entry.The mobile gaming environment requires the most talented developers to launch blockbuster games. Garena's Free Fire is certainly a blockbuster game and time in Free Fire's game means time away from other mobile games.Just like how Amazon (AMZN) dominates in the US, the e-commerce landscape in Southeast Asia and Latin America is dominated by a few players, such as Shopee, Tokopedia, and MercadoLibre (MELI). The scale and unit economics that these players have achieved makes it unsustainable for new entrants to compete with them.Banking and fintech is also a highly-regulated environment. Furthermore, consumers prefer to have just one mobile wallet, such as ShopeePay, as opposed to owning several different fintech applications.ValuationBased on my sum-of-the-parts and comparable company valuation analysis, Sea looks to be slightly undervalued with 19% upside potential. Of course, comparables are not perfect but based on this, we can gauge where Sea stands among peers.Source: Author's AnalysisOn the flip side, Sea looks extremely cheap on a historical basis. In terms of EV/Sales, Sea is trading at the lowest valuation since its IPO, trading at just 4.2x forward sales.Source: KoyfinIn terms of EV/Gross Profit, Sea is trading even cheaper than its March 2020 lows.Source: KoyfinThe valuation compression is warranted given that the company flew too close to the sun and now it is cratering back to the sea — not just for Sea, but almost all growth stocks took a beating. Growth is also slowing down and the macroeconomic environment looks gloomier than ever. However, this is not the end of the world; I think the markets are overreacting. Diversion from the mean goes both ways — perhaps, current prices present a good margin of safety for long-term investors.CatalystsSuccessful International Expansion — Shopee has been successful in replicating its playbook from Southeast Asia to Brazil. Recently, Shopee launched operations in India, Mexico, Chile, Colombia, Argentina, Poland, and Spain. If Shopee can take substantial market share in these new regions, Shopee's growth could turn exponential.The Metaverse — Sea's withering gaming division needs to be revitalized. New games and features could definitely provide the boost that it needs. For example, the metaverse is an exciting opportunity and Garena could introduce this concept to its 600+ million QAUs. Sea AI Lab (SAIL) and Sea Capital are two ventures that could accelerate the company into emerging industries, including the metaverse.We will continue to encourage user-generated content by enhancing greater features and accessibility. We believe that a strong user reception to Craftland is a positive indicator of the initial success to encourage user participation in content creation and to build Free Fire into an increasingly open platform and is well aligned with major emerging industry trends such as metaverse.Regional SuperApp — Although this concept has yet to be discussed by management, launching a regional SuperApp could enhance user engagement to new levels. For example, imagine Shopee users being able to play games, shop, order food delivery, pay for services, transfer money, invest, all under one app. Imagine users being able to convert their deposited funds in ShopeePay, into ShopeeCoins, and use it to perform cross-border transactions.Continued Growth In SeaMoney — SeaMoney is still in its early stages and continued adoption of Sea's digital financial services offerings will be a strong addition to Sea's bull thesis. SPayLater has real potential to disrupt the consumer credit industry. SeaBank and ShopeePay have the opportunity to capture digital wallet, digital banking, and cashless society trends.Free Fire India Ban Lift— Garena's weak guidance factored in the headwinds coming from the ban in India. If the ban is lifted, the stock may react positively as much of Sea's cash burn problems may be eliminated.RisksThe Pressure to Launch Blockbuster Games— There will come a time when Free Fire will be dethroned as the most-played and most-downloaded game. That is just how the gaming business works. This puts a substantial risk on the cash flow generation potential of Garena. Launching blockbuster games is never easy and it requires many trials and errors along the way. For me, I would like to see Garena shift to a gaming franchise model where the company launches an updated version of an existing game every year or two, which presents a more stable and recurring revenue stream for the company. An example would be FIFA or Call of Duty.Shopee India Ban — With Free Fire banned in India, there's also the potential for Shoppe to be banned as well.Failure to Gain Traction in International Markets— Shopee pulled out of France in early March, an indication that Shoppe's business model is not replicable in other countries, especially in more developed regions. Shopee Poland and Spain may be next on the exit list as they hold a close resemblance to France.Geopolitical Risks— Tencent, a Chinese company, has an 18.7% equity stake in Sea. Sanctions, bans, and other restrictions on Chinese companies, given the current geopolitical environment, could spell trouble for Sea. Tencent may have to cut exposure on Sea or even dissolve its developing-publishing partnership with Garena.Local Competition— Local champions operating in their respective markets cannot be ignored. These include GoTo in Indonesia, MercadoLibre in Latin America, and Flipkart in India.In addition, there's a certain level of pride for consumers to see their native-born companies succeed. I'm Indonesian, and it makes me really happy to see GoTo grow and grow.GoTo, the holding company of both Indonesian tech darlings Gojek and Tokopedia, recently announced its plan to IPO in the Indonesia Stock Exchange. Here's a glance of GoTo's stats for the 12-months ended 30 September 2021:Valuation: $26.2 billion to $28.8 billionGMV: $28.8 billionRevenue: $1 billionGross Orders: 2 billionAnnual Transacting Users: 55 millionDriver Partners: 2.5 millionMerchants: 14 millionThe point is that there are big-time local players operating in Sea's markets that investors should never ignore. Here's a little snippet from my previous Shopee article:But with the GoTo merger, Indonesia could potentially extinguish the orange flame that charred its forest for many years. Now, GoTo could finally reclaim a good chunk of its territory that was lost to waves of competition, especially from Shopee. GoTo could finally gain more ground as the roots grew even stronger with the merger, fertilized with the synergies of value propositions, logistics, payments, and banking solutions.Meanwhile, Sea Limited's stock continues to soar, ignoring the titan of an elephant in the room. And because of GoTo's integration, Shopee's vertically-integrated business model doesn't look like a strong competitive advantage anymore.ConclusionEach of Sea's core businesses is in hypergrowth mode, propelled by megatrends in the mobile gaming, e-commerce, and fintech industry. Management understands these opportunities and therefore, is sacrificing short-term profitability for long-term market dominance. Despite being a larger business, Sea still has a massive growth runway ahead.That is not to say that unprofitability and competition risks can and should be ignored. The biggest concern for investors is the company's unsustainable cash burn rate, which will likely lead to further capital raises in the near future.Nonetheless, the long-term growth thesis for the three-headed monster remains intact. Strong brand, network effects, and barriers to entry moats should support the business going forward. In addition, shares of Sea are trading at the lowest valuation multiples ever, which presents a good margin of safety for an entry at these prices.Thank you for reading my Sea Limited deep dive. If you enjoyed the article, please let me know in the comment section down below. If you have any suggestions or feedback, don't hesitate to share your thoughts as well.","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039022402,"gmtCreate":1645847310734,"gmtModify":1676534070262,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039022402","repostId":"2214433184","repostType":4,"repost":{"id":"2214433184","pubTimestamp":1645830512,"share":"https://ttm.financial/m/news/2214433184?lang=&edition=fundamental","pubTime":"2022-02-26 07:08","market":"us","language":"en","title":"Dow Posts Biggest Gain since Nov 2020 as Wall St Rebounds Second Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2214433184","media":"Reuters","summary":"* All sectors higher, led by gains in materials* Oil prices ease* Indexes: Dow up 2.5%, S&P 500 up 2.2%, Nasdaq up 1.6% (Updates close with volume, additional quotes, details)The Dow on Friday registe","content":"<html><head></head><body><p>* All sectors higher, led by gains in materials</p><p>* Oil prices ease</p><p>* Indexes: Dow up 2.5%, S&amp;P 500 up 2.2%, Nasdaq up 1.6% (Updates close with volume, additional quotes, details)</p><p>The Dow on Friday registered its biggest daily percentage gain since November 2020 with the market rebounding for a second day from the sharp selloff leading up to Russia&#39;s invasion of Ukraine.</p><p>Oil prices fell below $100 a barrel, easing some concerns about higher energy costs, and all 11 of the major S&amp;P 500 sectors ended up on the day. The S&amp;P 500 and Nasdaq also posted gains for the week.</p><p>Russian missiles pounded Kyiv and families cowered in shelters on Friday, a day after Russia unleashed a three-pronged invasion of Ukraine in the biggest attack on a European state since World War <a href=\"https://laohu8.com/S/TWOA.U\">Two</a>.</p><p>Investors also were assessing news that Russian President Vladimir Putin told his Chinese counterpart Xi Jinping in a call that Russia was willing to hold high-level talks with Ukraine, according to China&#39;s foreign ministry.</p><p>Some strategists say stock-selling may have been overdone. The S&amp;P 500 confirmed earlier this week it was in a correction when it ended down more than 10% from its Jan. 3 record closing high.</p><p>&#34;It sure feels a lot more like we&#39;ve really exhausted sentiment in this correction,&#34; said Jim Paulsen, chief investment strategist at The Leuthold Group in Minneapolis, noting that economic fundamentals and corporate health remain favorable.</p><p>The Dow Jones Industrial Average rose 834.92 points, or 2.51%, to 34,058.75, the S&amp;P 500 gained 95.95 points, or 2.24%, to 4,384.65 and the Nasdaq Composite added 221.04 points, or 1.64%, to 13,694.62.</p><p>For the week, the Dow was down 0.1%, the S&amp;P 500 was up 0.8% and the Nasdaq was up 1.1%.</p><p>The West on Thursday unveiled new sanctions on Russia, while NATO Secretary-General Jens Stoltenberg said on Friday the alliance was deploying parts of its combat-ready response force and would continue to send weapons to Ukraine.</p><p>&#34;In general, the sanctions are going to have some bite,&#34; but investors seem to be relieved that Washington dismissed the idea of going to war with Russia, said Kristina Hooper, chief global market strategist at Invesco.</p><p>She said volatility should remain high in the coming days as events in Ukraine dictate market moves, but that focus eventually will turn back to the Federal Reserve and the outlook for interest rates.</p><p>Some strategists noted that the sanctions announced Thursday targeted Russia&#39;s banks but left its energy sector largely untouched.</p><p>Health care gave the S&amp;P 500 its biggest boost.</p><p>Shares of Johnson &amp; Johnson climbed 5% after a U.S. judge ruled that the drugmaker&#39;s subsidiary can remain in bankruptcy, preventing plaintiffs from pursuing 38,000 lawsuits against the company alleging its baby powder and other talc products cause cancer.</p><p>The Cboe Volatility index, Wall Street&#39;s fear gauge, ended down at 27.59.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 4.29-to-1 ratio; on Nasdaq, a 2.63-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 15 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 66 new lows.</p><p>Volume on U.S. exchanges was 12.47 billion shares, compared with the 12.1 billion average for the full session over the last 20 trading days.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Posts Biggest Gain since Nov 2020 as Wall St Rebounds Second Day</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Posts Biggest Gain since Nov 2020 as Wall St Rebounds Second Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-26 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-dow-posts-biggest-214015544.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>* All sectors higher, led by gains in materials* Oil prices ease* Indexes: Dow up 2.5%, S&P 500 up 2.2%, Nasdaq up 1.6% (Updates close with volume, additional quotes, details)The Dow on Friday ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-dow-posts-biggest-214015544.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDS":"两倍做空标普500ETF","COMP":"Compass, Inc.","SPY":"标普500ETF","BK4539":"次新股","OEX":"标普100",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF","SPXU":"三倍做空标普500ETF","SSO":"两倍做多标普500ETF","BK4534":"瑞士信贷持仓","SH":"标普500反向ETF","IVV":"标普500指数ETF","BK4559":"巴菲特持仓","OEF":"标普100指数ETF-iShares","BK4550":"红杉资本持仓","BK4079":"房地产服务","BK4504":"桥水持仓"},"source_url":"https://finance.yahoo.com/news/us-stocks-dow-posts-biggest-214015544.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2214433184","content_text":"* All sectors higher, led by gains in materials* Oil prices ease* Indexes: Dow up 2.5%, S&P 500 up 2.2%, Nasdaq up 1.6% (Updates close with volume, additional quotes, details)The Dow on Friday registered its biggest daily percentage gain since November 2020 with the market rebounding for a second day from the sharp selloff leading up to Russia's invasion of Ukraine.Oil prices fell below $100 a barrel, easing some concerns about higher energy costs, and all 11 of the major S&P 500 sectors ended up on the day. The S&P 500 and Nasdaq also posted gains for the week.Russian missiles pounded Kyiv and families cowered in shelters on Friday, a day after Russia unleashed a three-pronged invasion of Ukraine in the biggest attack on a European state since World War Two.Investors also were assessing news that Russian President Vladimir Putin told his Chinese counterpart Xi Jinping in a call that Russia was willing to hold high-level talks with Ukraine, according to China's foreign ministry.Some strategists say stock-selling may have been overdone. The S&P 500 confirmed earlier this week it was in a correction when it ended down more than 10% from its Jan. 3 record closing high.\"It sure feels a lot more like we've really exhausted sentiment in this correction,\" said Jim Paulsen, chief investment strategist at The Leuthold Group in Minneapolis, noting that economic fundamentals and corporate health remain favorable.The Dow Jones Industrial Average rose 834.92 points, or 2.51%, to 34,058.75, the S&P 500 gained 95.95 points, or 2.24%, to 4,384.65 and the Nasdaq Composite added 221.04 points, or 1.64%, to 13,694.62.For the week, the Dow was down 0.1%, the S&P 500 was up 0.8% and the Nasdaq was up 1.1%.The West on Thursday unveiled new sanctions on Russia, while NATO Secretary-General Jens Stoltenberg said on Friday the alliance was deploying parts of its combat-ready response force and would continue to send weapons to Ukraine.\"In general, the sanctions are going to have some bite,\" but investors seem to be relieved that Washington dismissed the idea of going to war with Russia, said Kristina Hooper, chief global market strategist at Invesco.She said volatility should remain high in the coming days as events in Ukraine dictate market moves, but that focus eventually will turn back to the Federal Reserve and the outlook for interest rates.Some strategists noted that the sanctions announced Thursday targeted Russia's banks but left its energy sector largely untouched.Health care gave the S&P 500 its biggest boost.Shares of Johnson & Johnson climbed 5% after a U.S. judge ruled that the drugmaker's subsidiary can remain in bankruptcy, preventing plaintiffs from pursuing 38,000 lawsuits against the company alleging its baby powder and other talc products cause cancer.The Cboe Volatility index, Wall Street's fear gauge, ended down at 27.59.Advancing issues outnumbered declining ones on the NYSE by a 4.29-to-1 ratio; on Nasdaq, a 2.63-to-1 ratio favored advancers.The S&P 500 posted 15 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 66 new lows.Volume on U.S. exchanges was 12.47 billion shares, compared with the 12.1 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897634138,"gmtCreate":1628911165124,"gmtModify":1676529891938,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"Pls like. Thanks","listText":"Pls like. Thanks","text":"Pls like. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/897634138","repostId":"2159215280","repostType":4,"repost":{"id":"2159215280","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1628893972,"share":"https://ttm.financial/m/news/2159215280?lang=&edition=fundamental","pubTime":"2021-08-14 06:32","market":"us","language":"en","title":"Dow, S&P close at records as Disney offsets drop in sentiment","url":"https://stock-news.laohu8.com/highlight/detail?id=2159215280","media":"Reuters","summary":"NEW YORK, Aug 13  - The Dow Industrial and S&P 500 edged up to closing records on Friday and notched a second straight week of gains, buoyed by a climb in Walt Disney shares, but a sharp drop in consumer sentiment kept gains in check.Walt Disney rose 1.00% as one of the biggest boosts to both the Dow and benchmark S&P index after its profit topped market expectations as its streaming services added more customers than expected and its pandemic-hit U.S. theme parks returned to profitability.\"That","content":"<p>* Disney boosts Dow, S&amp;P 500</p>\n<p>* S&amp;P 500, Dow close week higher</p>\n<p>* Dow up 0.04%, S&amp;P 500 up 0.16%, Nasdaq up 0.04%</p>\n<p>NEW YORK, Aug 13 (Reuters) - The Dow Industrial and S&amp;P 500 edged up to closing records on Friday and notched a second straight week of gains, buoyed by a climb in Walt Disney shares, but a sharp drop in consumer sentiment kept gains in check.</p>\n<p>Walt Disney rose 1.00% as one of the biggest boosts to both the Dow and benchmark S&amp;P index after its profit topped market expectations as its streaming services added more customers than expected and its pandemic-hit U.S. theme parks returned to profitability.</p>\n<p>But a report from the University of Michigan dented optimism after it showed the university's preliminary consumer sentiment index fell to 70.2, its lowest level in a decade, suggesting that the Delta variant of the coronavirus was impacting consumers.</p>\n<p>\"That is concerning, the consumer is by all accounts in an extremely strong position but there is this kind of COVID fatigue that is really starting to wear on people’s sentiment,\" said Ross Mayfield, investment strategist at Baird in Louisville, Kentucky.</p>\n<p>\"Regardless of lockdown or full reopen, the consumer is healthy enough to spend and kind of keep the economy afloat, it will be different names and different sectors that become the beneficiaries of it.\"</p>\n<p>The report sent the yield on the 10-year U.S. Treasury note&nbsp;lower and in turn helped lift mega-cap growth names, such as Microsoft Corp , up 1.05%, while online retail giant Amazon slipped 0.29%.</p>\n<p>The Dow Jones Industrial Average rose 15.53 points, or 0.04%, to 35,515.38, the S&amp;P 500 gained 7.17 points, or 0.16%, to 4,468 and the Nasdaq Composite added 6.64 points, or 0.04%, to 14,822.90.</p>\n<p>For the week, the Dow gained 0.87%, the S&amp;P 500 advanced 0.71% and the Nasdaq slipped 0.09%.</p>\n<p>U.S. stocks have managed to slowly grind to new highs over the past few sessions as investor confidence in economic recovery was bolstered by a strong earnings season, the passage of a large infrastructure bill and data showing inflation may be increasing at a slower pace than feared.</p>\n<p>In the wake of new data from earlier this week that showed consumer price increases slowed in July, while producer prices posted their biggest annual rise in more than a decade, investors are now looking ahead to the meeting of central bankers in Jackson Hole, Wyoming, later this month for cues on policy.</p>\n<p>In recent days, several Fed officials said it is nearly time for the central bank to begin pulling back on its monetary support, including the tapering of its asset purchases.</p>\n<p>DoorDash Inc rose 3.50% in choppy trading after the food-delivery firm's loss widened more than expected in the second quarter.</p>\n<p>Airbnb Inc gained 1.07% as it recovered from earlier declines, after it flagged a hit to its current-quarter bookings by the Delta variant and a slowing pace of U.S. vaccination.</p>\n<p>Volume on U.S. exchanges was 7.99 billion shares, compared with the 9.42 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 60 new 52-week highs and no new lows; the Nasdaq Composite recorded 87 new highs and 159 new lows.</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>Dow, S&P close at records as Disney offsets drop in sentiment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow, S&P close at records as Disney offsets drop in sentiment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-14 06:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Disney boosts Dow, S&amp;P 500</p>\n<p>* S&amp;P 500, Dow close week higher</p>\n<p>* Dow up 0.04%, S&amp;P 500 up 0.16%, Nasdaq up 0.04%</p>\n<p>NEW YORK, Aug 13 (Reuters) - The Dow Industrial and S&amp;P 500 edged up to closing records on Friday and notched a second straight week of gains, buoyed by a climb in Walt Disney shares, but a sharp drop in consumer sentiment kept gains in check.</p>\n<p>Walt Disney rose 1.00% as one of the biggest boosts to both the Dow and benchmark S&amp;P index after its profit topped market expectations as its streaming services added more customers than expected and its pandemic-hit U.S. theme parks returned to profitability.</p>\n<p>But a report from the University of Michigan dented optimism after it showed the university's preliminary consumer sentiment index fell to 70.2, its lowest level in a decade, suggesting that the Delta variant of the coronavirus was impacting consumers.</p>\n<p>\"That is concerning, the consumer is by all accounts in an extremely strong position but there is this kind of COVID fatigue that is really starting to wear on people’s sentiment,\" said Ross Mayfield, investment strategist at Baird in Louisville, Kentucky.</p>\n<p>\"Regardless of lockdown or full reopen, the consumer is healthy enough to spend and kind of keep the economy afloat, it will be different names and different sectors that become the beneficiaries of it.\"</p>\n<p>The report sent the yield on the 10-year U.S. Treasury note&nbsp;lower and in turn helped lift mega-cap growth names, such as Microsoft Corp , up 1.05%, while online retail giant Amazon slipped 0.29%.</p>\n<p>The Dow Jones Industrial Average rose 15.53 points, or 0.04%, to 35,515.38, the S&amp;P 500 gained 7.17 points, or 0.16%, to 4,468 and the Nasdaq Composite added 6.64 points, or 0.04%, to 14,822.90.</p>\n<p>For the week, the Dow gained 0.87%, the S&amp;P 500 advanced 0.71% and the Nasdaq slipped 0.09%.</p>\n<p>U.S. stocks have managed to slowly grind to new highs over the past few sessions as investor confidence in economic recovery was bolstered by a strong earnings season, the passage of a large infrastructure bill and data showing inflation may be increasing at a slower pace than feared.</p>\n<p>In the wake of new data from earlier this week that showed consumer price increases slowed in July, while producer prices posted their biggest annual rise in more than a decade, investors are now looking ahead to the meeting of central bankers in Jackson Hole, Wyoming, later this month for cues on policy.</p>\n<p>In recent days, several Fed officials said it is nearly time for the central bank to begin pulling back on its monetary support, including the tapering of its asset purchases.</p>\n<p>DoorDash Inc rose 3.50% in choppy trading after the food-delivery firm's loss widened more than expected in the second quarter.</p>\n<p>Airbnb Inc gained 1.07% as it recovered from earlier declines, after it flagged a hit to its current-quarter bookings by the Delta variant and a slowing pace of U.S. vaccination.</p>\n<p>Volume on U.S. exchanges was 7.99 billion shares, compared with the 9.42 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 60 new 52-week highs and no new lows; the Nasdaq Composite recorded 87 new highs and 159 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc.","MSFT":"微软","DIS":"迪士尼",".DJI":"道琼斯","AMZN":"亚马逊",".IXIC":"NASDAQ Composite","ABNB":"爱彼迎",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159215280","content_text":"* Disney boosts Dow, S&P 500\n* S&P 500, Dow close week higher\n* Dow up 0.04%, S&P 500 up 0.16%, Nasdaq up 0.04%\nNEW YORK, Aug 13 (Reuters) - The Dow Industrial and S&P 500 edged up to closing records on Friday and notched a second straight week of gains, buoyed by a climb in Walt Disney shares, but a sharp drop in consumer sentiment kept gains in check.\nWalt Disney rose 1.00% as one of the biggest boosts to both the Dow and benchmark S&P index after its profit topped market expectations as its streaming services added more customers than expected and its pandemic-hit U.S. theme parks returned to profitability.\nBut a report from the University of Michigan dented optimism after it showed the university's preliminary consumer sentiment index fell to 70.2, its lowest level in a decade, suggesting that the Delta variant of the coronavirus was impacting consumers.\n\"That is concerning, the consumer is by all accounts in an extremely strong position but there is this kind of COVID fatigue that is really starting to wear on people’s sentiment,\" said Ross Mayfield, investment strategist at Baird in Louisville, Kentucky.\n\"Regardless of lockdown or full reopen, the consumer is healthy enough to spend and kind of keep the economy afloat, it will be different names and different sectors that become the beneficiaries of it.\"\nThe report sent the yield on the 10-year U.S. Treasury note lower and in turn helped lift mega-cap growth names, such as Microsoft Corp , up 1.05%, while online retail giant Amazon slipped 0.29%.\nThe Dow Jones Industrial Average rose 15.53 points, or 0.04%, to 35,515.38, the S&P 500 gained 7.17 points, or 0.16%, to 4,468 and the Nasdaq Composite added 6.64 points, or 0.04%, to 14,822.90.\nFor the week, the Dow gained 0.87%, the S&P 500 advanced 0.71% and the Nasdaq slipped 0.09%.\nU.S. stocks have managed to slowly grind to new highs over the past few sessions as investor confidence in economic recovery was bolstered by a strong earnings season, the passage of a large infrastructure bill and data showing inflation may be increasing at a slower pace than feared.\nIn the wake of new data from earlier this week that showed consumer price increases slowed in July, while producer prices posted their biggest annual rise in more than a decade, investors are now looking ahead to the meeting of central bankers in Jackson Hole, Wyoming, later this month for cues on policy.\nIn recent days, several Fed officials said it is nearly time for the central bank to begin pulling back on its monetary support, including the tapering of its asset purchases.\nDoorDash Inc rose 3.50% in choppy trading after the food-delivery firm's loss widened more than expected in the second quarter.\nAirbnb Inc gained 1.07% as it recovered from earlier declines, after it flagged a hit to its current-quarter bookings by the Delta variant and a slowing pace of U.S. vaccination.\nVolume on U.S. exchanges was 7.99 billion shares, compared with the 9.42 billion average for the full session over the last 20 trading days.\nThe S&P 500 posted 60 new 52-week highs and no new lows; the Nasdaq Composite recorded 87 new highs and 159 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899783851,"gmtCreate":1628215380173,"gmtModify":1703503293023,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"Pls like. Thanks!","listText":"Pls like. Thanks!","text":"Pls like. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/899783851","repostId":"2157456017","repostType":4,"repost":{"id":"2157456017","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1628204156,"share":"https://ttm.financial/m/news/2157456017?lang=&edition=fundamental","pubTime":"2021-08-06 06:55","market":"us","language":"en","title":"Nasdaq, S&P 500, set records as jobless claims decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2157456017","media":"Reuters","summary":"* Nasdaq, S&P 500 close at record highs\n* Layoff at lowest in over 21 years\n* Healthcare and materia","content":"<p>* Nasdaq, S&amp;P 500 close at record highs</p>\n<p>* Layoff at lowest in over 21 years</p>\n<p>* Healthcare and materials sectoral losers on S&amp;P 500</p>\n<p>Aug 5 (Reuters) - The Nasdaq and S&amp;P 500 closed at record levels on Thursday after a spate of strong corporate earnings and a further decline in U.S. unemployment claims last week, as investors weighed concerns of the surge of the Delta variant ahead of Friday's job's report.</p>\n<p>Initial claims for state unemployment benefits fell by 14,000 to 385,000 in the week ended July 31, while layoffs dropped to their lowest level in more than 21 years last month as companies held on to their workers amid a labor shortage, the Labor Department's report showed.</p>\n<p>\"The directional change has continued to be improving in the last few weeks and now it's a new low since beginning the pandemic,\" said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta, Georgia. \"I think that's what (is) kind of leading to some optimism today and earnings to this point have been positive.\"</p>\n<p>Nine of the 11 major S&amp;P 500 sector indexes rose, with healthcare stocks in the red as Cigna Corp slipped 10.9% after predicting a bigger hit to full-year earnings from the pandemic.</p>\n<p>Focus will now shift to the jobs report for July on Friday. Analysts say a disappointing number might raise questions about an economic recovery, but it could also lead the Federal Reserve to remain accommodative.</p>\n<p>Meanwhile, Robinhood Markets Inc tumbled 27.6%, snapping a four-day rally fueled by interest from retail traders.</p>\n<p>ViacomCBS Inc jumped 7.1% as the company said it signed up the highest number of new streaming subscribers in the second quarter, and struck a multi-year deal with Comcast Corp's&nbsp;Sky to launch the Paramount+ streaming service in Europe.</p>\n<p>The Dow Jones Industrial Average rose 271.58 points, or 0.78%, to 35,064.25, the S&amp;P 500 gained 26.44 points, or 0.60%, to 4,429.1 and the Nasdaq Composite added 114.58 points, or 0.78%, to 14,895.12.</p>\n<p>Concerns about the pace of economic growth and higher inflation have pressured the S&amp;P 500 index, but stellar corporate earnings so far have put it on track to end the week higher.</p>\n<p>Fed Vice Chair Richard Clarida, a major architect of the central bank's new policy strategy, said on Wednesday he felt the conditions for raising interest rates could be met by the end of 2022.</p>\n<p>Volume on U.S. exchanges was 8.86 billion shares, compared with the 9.63 billion average for the full session over the last 20 trading days.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.06-to-1 ratio; on Nasdaq, a 2.26-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 52 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 111 new highs and 103 new lows.</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>Nasdaq, S&P 500, set records as jobless claims decline</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\">\nNasdaq, S&P 500, set records as jobless claims decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-06 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Nasdaq, S&amp;P 500 close at record highs</p>\n<p>* Layoff at lowest in over 21 years</p>\n<p>* Healthcare and materials sectoral losers on S&amp;P 500</p>\n<p>Aug 5 (Reuters) - The Nasdaq and S&amp;P 500 closed at record levels on Thursday after a spate of strong corporate earnings and a further decline in U.S. unemployment claims last week, as investors weighed concerns of the surge of the Delta variant ahead of Friday's job's report.</p>\n<p>Initial claims for state unemployment benefits fell by 14,000 to 385,000 in the week ended July 31, while layoffs dropped to their lowest level in more than 21 years last month as companies held on to their workers amid a labor shortage, the Labor Department's report showed.</p>\n<p>\"The directional change has continued to be improving in the last few weeks and now it's a new low since beginning the pandemic,\" said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta, Georgia. \"I think that's what (is) kind of leading to some optimism today and earnings to this point have been positive.\"</p>\n<p>Nine of the 11 major S&amp;P 500 sector indexes rose, with healthcare stocks in the red as Cigna Corp slipped 10.9% after predicting a bigger hit to full-year earnings from the pandemic.</p>\n<p>Focus will now shift to the jobs report for July on Friday. Analysts say a disappointing number might raise questions about an economic recovery, but it could also lead the Federal Reserve to remain accommodative.</p>\n<p>Meanwhile, Robinhood Markets Inc tumbled 27.6%, snapping a four-day rally fueled by interest from retail traders.</p>\n<p>ViacomCBS Inc jumped 7.1% as the company said it signed up the highest number of new streaming subscribers in the second quarter, and struck a multi-year deal with Comcast Corp's&nbsp;Sky to launch the Paramount+ streaming service in Europe.</p>\n<p>The Dow Jones Industrial Average rose 271.58 points, or 0.78%, to 35,064.25, the S&amp;P 500 gained 26.44 points, or 0.60%, to 4,429.1 and the Nasdaq Composite added 114.58 points, or 0.78%, to 14,895.12.</p>\n<p>Concerns about the pace of economic growth and higher inflation have pressured the S&amp;P 500 index, but stellar corporate earnings so far have put it on track to end the week higher.</p>\n<p>Fed Vice Chair Richard Clarida, a major architect of the central bank's new policy strategy, said on Wednesday he felt the conditions for raising interest rates could be met by the end of 2022.</p>\n<p>Volume on U.S. exchanges was 8.86 billion shares, compared with the 9.63 billion average for the full session over the last 20 trading days.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.06-to-1 ratio; on Nasdaq, a 2.26-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 52 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 111 new highs and 103 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".IXIC":"NASDAQ Composite","UPRO":"三倍做多标普500ETF","CMCSA":"康卡斯特","SSO":"两倍做多标普500ETF","SDS":"两倍做空标普500ETF",".SPX":"S&P 500 Index","OEX":"标普100","HOOD":"Robinhood","IVV":"标普500指数ETF","SPY":"标普500ETF","SPXU":"三倍做空标普500ETF","CI":"信诺保险","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯","SH":"标普500反向ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157456017","content_text":"* Nasdaq, S&P 500 close at record highs\n* Layoff at lowest in over 21 years\n* Healthcare and materials sectoral losers on S&P 500\nAug 5 (Reuters) - The Nasdaq and S&P 500 closed at record levels on Thursday after a spate of strong corporate earnings and a further decline in U.S. unemployment claims last week, as investors weighed concerns of the surge of the Delta variant ahead of Friday's job's report.\nInitial claims for state unemployment benefits fell by 14,000 to 385,000 in the week ended July 31, while layoffs dropped to their lowest level in more than 21 years last month as companies held on to their workers amid a labor shortage, the Labor Department's report showed.\n\"The directional change has continued to be improving in the last few weeks and now it's a new low since beginning the pandemic,\" said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta, Georgia. \"I think that's what (is) kind of leading to some optimism today and earnings to this point have been positive.\"\nNine of the 11 major S&P 500 sector indexes rose, with healthcare stocks in the red as Cigna Corp slipped 10.9% after predicting a bigger hit to full-year earnings from the pandemic.\nFocus will now shift to the jobs report for July on Friday. Analysts say a disappointing number might raise questions about an economic recovery, but it could also lead the Federal Reserve to remain accommodative.\nMeanwhile, Robinhood Markets Inc tumbled 27.6%, snapping a four-day rally fueled by interest from retail traders.\nViacomCBS Inc jumped 7.1% as the company said it signed up the highest number of new streaming subscribers in the second quarter, and struck a multi-year deal with Comcast Corp's Sky to launch the Paramount+ streaming service in Europe.\nThe Dow Jones Industrial Average rose 271.58 points, or 0.78%, to 35,064.25, the S&P 500 gained 26.44 points, or 0.60%, to 4,429.1 and the Nasdaq Composite added 114.58 points, or 0.78%, to 14,895.12.\nConcerns about the pace of economic growth and higher inflation have pressured the S&P 500 index, but stellar corporate earnings so far have put it on track to end the week higher.\nFed Vice Chair Richard Clarida, a major architect of the central bank's new policy strategy, said on Wednesday he felt the conditions for raising interest rates could be met by the end of 2022.\nVolume on U.S. exchanges was 8.86 billion shares, compared with the 9.63 billion average for the full session over the last 20 trading days.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.06-to-1 ratio; on Nasdaq, a 2.26-to-1 ratio favored advancers.\nThe S&P 500 posted 52 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 111 new highs and 103 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151742661,"gmtCreate":1625109621453,"gmtModify":1703736352413,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"Keep going and fly to the moon","listText":"Keep going and fly to the moon","text":"Keep going and fly to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/151742661","repostId":"1178516480","repostType":4,"repost":{"id":"1178516480","pubTimestamp":1625094708,"share":"https://ttm.financial/m/news/1178516480?lang=&edition=fundamental","pubTime":"2021-07-01 07:11","market":"us","language":"en","title":"S&P 500 notches fifth straight record closing high, fifth straight quarterly gain","url":"https://stock-news.laohu8.com/highlight/detail?id=1178516480","media":"Reuters","summary":"NEW YORK (Reuters) - The S&P 500 nabbed its fifth straight record closing high on Wednesday as inves","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.</p>\n<p>In the last session of 2021’s first half, the indexes were languid and range-bound, with the blue-chip Dow posting gains, while the Nasdaq edged lower.</p>\n<p>All three indexes posted their fifth consecutive quarterly gains, with the S&amp;P rising 8.2%, the Nasdaq advancing 9.5% and the Dow rising 4.6%. The S&amp;P 500 registered its second-best first-half performance since 1998, rising 14.5%.</p>\n<p>“It’s been a good quarter,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. “As of last night’s close, the S&amp;P has gained more than 14% year-to-date, topping the Dow and the Nasdaq. That indicates that the stock market is having a broad rally.”</p>\n<p>For the month, the bellwether S&amp;P 500 notched its fifth consecutive advance, while the Dow snapped its four-month winning streak to end slightly lower. The Nasdaq also gained ground in June.</p>\n<p>This month, investor appetite shifted away from economically sensitive cyclicals in favor of growth stocks.</p>\n<p>“Leading sectors year-to-date are what you’d expect,” Pavlik added. “Energy, financials and industrials, and that speaks to an economic environment that’s in the early stages of a cycle.”</p>\n<p>“(Investors) started the switch back to growth (stocks) after people started to buy in to (Fed Chair Jerome) Powell’s comments that focus on transitory inflation,” Pavlik added.</p>\n<p>“Some of the reopening trades have gotten a bit long in the tooth and that’s leading people back to growth.”</p>\n<p>(Graphic: Growths stocks outperform value in June, narrow YTD gap, )</p>\n<p><img src=\"https://static.tigerbbs.com/5b82b4dfdc765d913811f9d8572e60f6\" tg-width=\"964\" tg-height=\"723\" referrerpolicy=\"no-referrer\">“The overall stock market continues to be on a tear, with very consistent gains for quite some time,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “Valuations, while certainly high by historical standards, have been at a fairly consistent level, benefiting from the economic recovery.”</p>\n<p>The private sector added 692,000 jobs in June, breezing past expectations, according to payroll processor ADP. The number is 92,000 higher than the private payroll adds economists predict from the Labor Department’s more comprehensive employment report due on Friday.</p>\n<p>The Dow Jones Industrial Average rose 210.22 points, or 0.61%, to 34,502.51, the S&amp;P 500 gained 5.7 points, or 0.13%, to 4,297.5 and the Nasdaq Composite dropped 24.38 points, or 0.17%, to 14,503.95.</p>\n<p>Among the 11 major sectors in the S&amp;P, six ended the session higher, with energy enjoying the biggest percentage gain. Real estate was the day’s biggest loser.</p>\n<p>Boeing Co gained 1.6% after Germany’s defense ministry announced it would buy five of the planemaker’s P-8A maritime control aircraft, coming on the heels of United Airlines unveiling its largest-ever order for new planes.</p>\n<p>Walmart jumped 2.7% after announcing on Tuesday that it would start selling a prescription-only insulin analog.</p>\n<p>Micron Technology advanced 2.5% ahead of its quarterly earnings release, but was relatively unchanged in after-hours trading following the chipmaker’s quarterly results.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 36 new lows.</p>\n<p>Volume on U.S. exchanges was 10.85 billion shares, compared with the 11.05 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 notches fifth straight record closing high, fifth straight quarterly gain</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 notches fifth straight record closing high, fifth straight quarterly gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/sp-500-notches-fifth-straight-record-closing-high-fifth-straight-quarterly-gain-idUSKCN2E619R><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - The S&P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking ...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/sp-500-notches-fifth-straight-record-closing-high-fifth-straight-quarterly-gain-idUSKCN2E619R\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/us-usa-stocks/sp-500-notches-fifth-straight-record-closing-high-fifth-straight-quarterly-gain-idUSKCN2E619R","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178516480","content_text":"NEW YORK (Reuters) - The S&P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.\nIn the last session of 2021’s first half, the indexes were languid and range-bound, with the blue-chip Dow posting gains, while the Nasdaq edged lower.\nAll three indexes posted their fifth consecutive quarterly gains, with the S&P rising 8.2%, the Nasdaq advancing 9.5% and the Dow rising 4.6%. The S&P 500 registered its second-best first-half performance since 1998, rising 14.5%.\n“It’s been a good quarter,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. “As of last night’s close, the S&P has gained more than 14% year-to-date, topping the Dow and the Nasdaq. That indicates that the stock market is having a broad rally.”\nFor the month, the bellwether S&P 500 notched its fifth consecutive advance, while the Dow snapped its four-month winning streak to end slightly lower. The Nasdaq also gained ground in June.\nThis month, investor appetite shifted away from economically sensitive cyclicals in favor of growth stocks.\n“Leading sectors year-to-date are what you’d expect,” Pavlik added. “Energy, financials and industrials, and that speaks to an economic environment that’s in the early stages of a cycle.”\n“(Investors) started the switch back to growth (stocks) after people started to buy in to (Fed Chair Jerome) Powell’s comments that focus on transitory inflation,” Pavlik added.\n“Some of the reopening trades have gotten a bit long in the tooth and that’s leading people back to growth.”\n(Graphic: Growths stocks outperform value in June, narrow YTD gap, )\n“The overall stock market continues to be on a tear, with very consistent gains for quite some time,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “Valuations, while certainly high by historical standards, have been at a fairly consistent level, benefiting from the economic recovery.”\nThe private sector added 692,000 jobs in June, breezing past expectations, according to payroll processor ADP. The number is 92,000 higher than the private payroll adds economists predict from the Labor Department’s more comprehensive employment report due on Friday.\nThe Dow Jones Industrial Average rose 210.22 points, or 0.61%, to 34,502.51, the S&P 500 gained 5.7 points, or 0.13%, to 4,297.5 and the Nasdaq Composite dropped 24.38 points, or 0.17%, to 14,503.95.\nAmong the 11 major sectors in the S&P, six ended the session higher, with energy enjoying the biggest percentage gain. Real estate was the day’s biggest loser.\nBoeing Co gained 1.6% after Germany’s defense ministry announced it would buy five of the planemaker’s P-8A maritime control aircraft, coming on the heels of United Airlines unveiling its largest-ever order for new planes.\nWalmart jumped 2.7% after announcing on Tuesday that it would start selling a prescription-only insulin analog.\nMicron Technology advanced 2.5% ahead of its quarterly earnings release, but was relatively unchanged in after-hours trading following the chipmaker’s quarterly results.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.\nThe S&P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 36 new lows.\nVolume on U.S. exchanges was 10.85 billion shares, compared with the 11.05 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052228151,"gmtCreate":1655180945373,"gmtModify":1676535577234,"author":{"id":"3586841750312225","authorId":"3586841750312225","name":"EdmundSan","avatar":"https://static.tigerbbs.com/53c687a0d99d8a3044efdf4f8def748c","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586841750312225","authorIdStr":"3586841750312225"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052228151","repostId":"2243690068","repostType":4,"repost":{"id":"2243690068","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":1655172324,"share":"https://ttm.financial/m/news/2243690068?lang=&edition=fundamental","pubTime":"2022-06-14 10:05","market":"us","language":"en","title":"The S&P 500 Just Confirmed a Bear Market: What Investors Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2243690068","media":"Dow Jones","summary":"Close below 3,837.25 confirms the end of the pandemic bull marketThe bear is back.The S&P 500 on Mon","content":"<html><head></head><body><h2>Close below 3,837.25 confirms the end of the pandemic bull market</h2><p>The bear is back.</p><p>The S&amp;P 500 on Monday confirmed what many investors have been saying for months: The large-cap benchmark is in the grips of a bear market.</p><p>Stocks suffered sharp losses Monday after major benchmarks saw their worst week since January. Much of the weakness was attributed to the Friday reading of the May consumer-price index, which surged to 8.6% year-over-year -- a 40-year high. Investors fear the Federal Reserve will have to raise rates even more aggressively than already expected, risking recession in their effort to tame inflation.</p><p>The S&amp;P 500  fell 151.23 points, or 3.9%, to end at 3,749.63, down 21.8% from its Jan. 3 record close and surpassing the 20% pullback threshold  traditionally used to define a bear market.</p><p>Need to Know: The S&amp;P 500 is clinging to a key support level after Friday&#39;s meltdown, here&#39;s what happens if that fails</p><p>The S&amp;P 500 briefly traded below the bear-market threshold in May, but didn&#39;t close below it. Stocks subsequently bounced, but the rebound has since given way as recession fears have increased.</p><p>The Dow Jones Industrial Average  finished with a loss of 876.05 points, or 2.8%, to finish at 30,516.74, after dropping more than 1,000 points at its session low. A close below 29,439.72 would put the blue-chip gauge into a bear market. The tech-heavy Nasdaq Composite , which slumped into a bear market earlier this year, dropped 4.7% on Monday, leaving it nearly 33% below its Nov. 19, 2021, record close.</p><p>To be sure, many investors and analysts see a 20% pullback as an overly formal if not outdated metric, arguing that stocks have long been behaving in bearlike fashion.</p><p>Note that the S&amp;P 500&#39;s finish on Monday means the start of the bear market is backdated the Jan. 3 peak. A bear market is declared over once the S&amp;P 500 has risen 20% from a low.</p><p>How have stocks behaved once a bear market has been confirmed? History shows that usually more pain was in store.</p><p>There have been 17 bear -- or near-bear-- markets since World War II, said Ryan Detrick, chief market strategist for LPL Financial, in a May note. Generally speaking, the S&amp;P 500 has fallen further once a bear market begins. And, he said, bear markets have, on average, lasted about a year, producing an average peak-to-trough decline of just shy of 30%. (see table below).</p><p>Beyond the averages, there&#39;s a lot of variability in the length and depth of past bear markets. The steepest fall, a peak-to-trough decline of nearly 57%, occurred in the 17 months that marked the 17-month bear market that accompanied the 2007-2009 financial crisis. The longest was a 48.2% drop that ran for nearly 21 months in 1973-74. The shortest was the nearly 34% drop that took place over just 23 trading sessions as the onset of the COVID-19 pandemic sparked a global rout that bottomed out on March 23, 2020, and marked the start of the current bull market.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The S&P 500 Just Confirmed a Bear Market: What Investors Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe S&P 500 Just Confirmed a Bear Market: What Investors Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-06-14 10:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2>Close below 3,837.25 confirms the end of the pandemic bull market</h2><p>The bear is back.</p><p>The S&amp;P 500 on Monday confirmed what many investors have been saying for months: The large-cap benchmark is in the grips of a bear market.</p><p>Stocks suffered sharp losses Monday after major benchmarks saw their worst week since January. Much of the weakness was attributed to the Friday reading of the May consumer-price index, which surged to 8.6% year-over-year -- a 40-year high. Investors fear the Federal Reserve will have to raise rates even more aggressively than already expected, risking recession in their effort to tame inflation.</p><p>The S&amp;P 500  fell 151.23 points, or 3.9%, to end at 3,749.63, down 21.8% from its Jan. 3 record close and surpassing the 20% pullback threshold  traditionally used to define a bear market.</p><p>Need to Know: The S&amp;P 500 is clinging to a key support level after Friday&#39;s meltdown, here&#39;s what happens if that fails</p><p>The S&amp;P 500 briefly traded below the bear-market threshold in May, but didn&#39;t close below it. Stocks subsequently bounced, but the rebound has since given way as recession fears have increased.</p><p>The Dow Jones Industrial Average  finished with a loss of 876.05 points, or 2.8%, to finish at 30,516.74, after dropping more than 1,000 points at its session low. A close below 29,439.72 would put the blue-chip gauge into a bear market. The tech-heavy Nasdaq Composite , which slumped into a bear market earlier this year, dropped 4.7% on Monday, leaving it nearly 33% below its Nov. 19, 2021, record close.</p><p>To be sure, many investors and analysts see a 20% pullback as an overly formal if not outdated metric, arguing that stocks have long been behaving in bearlike fashion.</p><p>Note that the S&amp;P 500&#39;s finish on Monday means the start of the bear market is backdated the Jan. 3 peak. A bear market is declared over once the S&amp;P 500 has risen 20% from a low.</p><p>How have stocks behaved once a bear market has been confirmed? History shows that usually more pain was in store.</p><p>There have been 17 bear -- or near-bear-- markets since World War II, said Ryan Detrick, chief market strategist for LPL Financial, in a May note. Generally speaking, the S&amp;P 500 has fallen further once a bear market begins. And, he said, bear markets have, on average, lasted about a year, producing an average peak-to-trough decline of just shy of 30%. (see table below).</p><p>Beyond the averages, there&#39;s a lot of variability in the length and depth of past bear markets. The steepest fall, a peak-to-trough decline of nearly 57%, occurred in the 17 months that marked the 17-month bear market that accompanied the 2007-2009 financial crisis. The longest was a 48.2% drop that ran for nearly 21 months in 1973-74. The shortest was the nearly 34% drop that took place over just 23 trading sessions as the onset of the COVID-19 pandemic sparked a global rout that bottomed out on March 23, 2020, and marked the start of the current bull market.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","IVV":"标普500指数ETF","BK4550":"红杉资本持仓","BK4504":"桥水持仓","SSO":"两倍做多标普500ETF","BK4559":"巴菲特持仓","SDS":"两倍做空标普500ETF",".SPX":"S&P 500 Index","OEX":"标普100","SH":"标普500反向ETF","SPY":"标普500ETF","UPRO":"三倍做多标普500ETF","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","BK4534":"瑞士信贷持仓","BK4581":"高盛持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2243690068","content_text":"Close below 3,837.25 confirms the end of the pandemic bull marketThe bear is back.The S&P 500 on Monday confirmed what many investors have been saying for months: The large-cap benchmark is in the grips of a bear market.Stocks suffered sharp losses Monday after major benchmarks saw their worst week since January. Much of the weakness was attributed to the Friday reading of the May consumer-price index, which surged to 8.6% year-over-year -- a 40-year high. Investors fear the Federal Reserve will have to raise rates even more aggressively than already expected, risking recession in their effort to tame inflation.The S&P 500  fell 151.23 points, or 3.9%, to end at 3,749.63, down 21.8% from its Jan. 3 record close and surpassing the 20% pullback threshold  traditionally used to define a bear market.Need to Know: The S&P 500 is clinging to a key support level after Friday's meltdown, here's what happens if that failsThe S&P 500 briefly traded below the bear-market threshold in May, but didn't close below it. Stocks subsequently bounced, but the rebound has since given way as recession fears have increased.The Dow Jones Industrial Average  finished with a loss of 876.05 points, or 2.8%, to finish at 30,516.74, after dropping more than 1,000 points at its session low. A close below 29,439.72 would put the blue-chip gauge into a bear market. The tech-heavy Nasdaq Composite , which slumped into a bear market earlier this year, dropped 4.7% on Monday, leaving it nearly 33% below its Nov. 19, 2021, record close.To be sure, many investors and analysts see a 20% pullback as an overly formal if not outdated metric, arguing that stocks have long been behaving in bearlike fashion.Note that the S&P 500's finish on Monday means the start of the bear market is backdated the Jan. 3 peak. A bear market is declared over once the S&P 500 has risen 20% from a low.How have stocks behaved once a bear market has been confirmed? History shows that usually more pain was in store.There have been 17 bear -- or near-bear-- markets since World War II, said Ryan Detrick, chief market strategist for LPL Financial, in a May note. Generally speaking, the S&P 500 has fallen further once a bear market begins. And, he said, bear markets have, on average, lasted about a year, producing an average peak-to-trough decline of just shy of 30%. (see table below).Beyond the averages, there's a lot of variability in the length and depth of past bear markets. The steepest fall, a peak-to-trough decline of nearly 57%, occurred in the 17 months that marked the 17-month bear market that accompanied the 2007-2009 financial crisis. The longest was a 48.2% drop that ran for nearly 21 months in 1973-74. The shortest was the nearly 34% drop that took place over just 23 trading sessions as the onset of the COVID-19 pandemic sparked a global rout that bottomed out on March 23, 2020, and marked the start of the current bull market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}