MINH personal page - To The Moon

MINH

MINH

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2023-04-04

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@nerdbull1669:Dividend ETF appealing to Income Investors

2022-11-12

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2022-11-12

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Top Calls on Wall Street: Apple, Nvidia, Amazon, Netflix, Coinbase and More

2022-11-12

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Nvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration

2022-09-30

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2022-09-30

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2022-09-30

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Moderna, Novavax Hit 52-Week Lows

2022-09-08

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U.S. Economy Largely Unchanged As Inflation Takes a Toll, Fed's Beige Book Says

2022-09-08

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2022-09-08

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U.S. Stocks Extended Their Gains After Apple's Big Fall iPhone Event; Nasdaq Surged Over 2% While S&P 500 and Dow Jones Rose Over 1%

2022-09-08

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U.S. Stocks Took off in Morning Trading; Dow Jones, Nasdaq and S&P 500 Jumped Over 0.8%

2022-09-08

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Play Defense With The Vanguard S&P 500 Value ETF

2022-09-08

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Play Defense With The Vanguard S&P 500 Value ETF

2022-09-08

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Apple Cuts Shipment Forecasts for New MacBook Pro up to 30%: Analyst

2022-09-08

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Starbucks' Howard Schultz Praises Incoming CEO As He Preps for Final Exit

2022-09-08

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Apple Announces iPhone 14 and iPhone 14 Plus, Apple Watch Ultra, New AirPods Pro

2022-08-29

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@特立独行Musk:看看打拼中的#馬斯克# ，你還滿足於安逸嗎？打拼創業中的馬斯克一天要工作14-16小時？這意味着你沒有時間閒聊、發微博、吃飯、從一個地方走到另一個地方或做任何其它事，你的世界只有工作……這是什麼概念？他把他的工作計劃性地安排在1個小時內——他的目標總是在每小時開始的時候開始，並盡力在每小時結束的時候完成一些任務。馬斯克曾經常睡在會議室裏，甚至睡在特斯拉生產線上機器下面的地板上……很多舊辦公區也曾是他的“陣地”。由於不良的飲食和生活習慣，馬斯克深受體重問題的困擾。因此，他現在有一個專職的營養學家負責他的所有飯食安排（包含在參加會議期間），以致此事也被人津津樂道。發推特對他來說也是工作需要，因爲他是公司信息的主要來源。他似乎也通過這一方式從公衆那裏獲取靈感與主意——你可以發現特斯拉汽車的許多特點都可以在他的推特交流上有跡可循——因爲當有人在推特上給他提出建議並得到他的回覆“Sure!”（當然好的意思）時，就意味着他會讓“它”發生！

2022-08-22

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@LISEE:$Arrival(ARVL)$kk$DraftKings Inc.(DKNG)$$Lucid Group Inc(LCID)$

2022-07-17

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估值185亿！认养一头牛IPO，1600万会员认养6万头奶牛

2022-07-17

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逼空大战中，青山集团全身而退的秘密

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The truckload stocks move slightly ahead of spot rates and our analysis indicates we are close to a bottom in rates. As spot rates stabilize we expect P/E valuation to support upside for the truckload names.”</blockquote><h2>Morgan Stanley reiterates Apple as overweight</h2><p>Morgan Stanley said the wait for some ofApple’siPhones continue to rise.</p><blockquote>“iPhone 14 Pro/Pro Max lead times have risen to record highs as COVID restrictions disrupt supply, although we don’t believe the situation has worsened since Monday.”</blockquote><h2>Bank of America reiterates Amazon as buy</h2><p>Bank of America said reports of a cost cutting review at Amazon are a “positive.”</p><blockquote>“We have noted a shift in cost focus for the FANG group after disappointing 3Q results, with Meta’s recent headcount reduction the most notable cost action.”</blockquote><h2>JPMorgan downgrades Intel to underweight from overweight</h2><p>JPMorgan said in its double downgrade of the stock that a turnaround could take years.</p><blockquote>“It is important to note that our rating onINTCis a relative call vs the group, for which see a positive move over the next 12-18 months and where we see INTC participating, but we think at a slower pace due to a combination of competitive pressures, questions on the ability to execute, and macro headwinds.”</blockquote><h2>Raymond James downgrades Figs to outperform from strong buy</h2><p>Raymond James said in its downgrade of the health care apparel company that the “bad news is out of the bag.”</p><blockquote>“FIGS reported a 3Q beat on revenue, GM%, and EBITDA%, but lowered the ’22 guide (revenue +18%y/y vs +22-26% prior) and EBITDA% ~16% (16-18% prior).”</blockquote><h2>UBS reiterates Ralph Lauren as buy</h2><p>UBS said Ralph Lauren is an “attractive turnaround stock.”</p><blockquote>“We view RL as a strong turnaround stock. We believe the stock will outperform over the NTM (next twelve months) due to EPS beats and P/E expansion.”</blockquote><h2>Wedbush adds IMAX to the best ideas list</h2><p>Wedbush said the big screen movie company is well positioned.</p><blockquote>“We are adding IMAX to Wedbush’s Best Ideas List. We view IMAX as 1) the best way to play the upcoming theatrical rebound, 2) the best positioned to gain from consumers’ ongoing shift toward premium theatrical amenities.”</blockquote><h2>JPMorgan reiterates Silvergate as overweight</h2><p>JPMorgan said the crypto company’s exposure to FTX is overblown.</p><blockquote>“With that said, however, we see the sell-off in SI shares as a dramatic overreaction due to the speculation (largely being posted on Twitter) around the potential impacts to Silvergate from the recent market turmoil.”</blockquote><h2>Citi opens a negative catalyst watch on Foot Locker</h2><p>Citi said it’s concerned that there will be no Yeezy products in the company’s stores which will be a headwind for the stock.</p><blockquote>“Our checks suggest there will be no Yeezy product in stores in 4Q (FL stores boxed up the products and sent them back to Adidas). That means FL is going into the all-important holiday qtr (when the highest proportion of Yeezy/Jordan launch activity takes place) with significantly fewer Jordan Retros and no Yeezys.”</blockquote><h2>Deutsche Bank names Walmart and BJ’s as top picks</h2><p>Deutsche said it sees “further upside ahead” heading into earnings next week.</p><blockquote>“While the shares of WMT, TGT, BJ, and DLTR have enjoyed solid gains over the last three months – outperforming the SPX by 12 points – we see further upside ahead as we think there will be more evidence supporting the bull cases into 2023.”</blockquote><h2>Piper Sandler reiterates Nvidia as outperform</h2><p>Piper said investors should buy the stock heading into earnings next week.</p><blockquote>“We are buyers of NVDA into the print next week and believe that the January quarter guidance will see a resumption of growth for the data center business.”</blockquote><h2>JPMorgan reiterates Netflix as overweight</h2><p>JPMorgan said it has “increased conviction” in shares of the streaming giant.</p><blockquote>“We continue to like NFLX shares &amp; have increased conviction in the company’s ability to accelerate revenue growth, expand operating margins, &amp; increase FCF, partly driven by the launch of advertising &amp; paid sharing.”</blockquote><h2>Deutsche Bank upgrades Walgreens to buy from hold</h2><p>Deutsche Bank said it’s feeling more bullish after a meeting with company management.</p><blockquote>“We are upgrading WBA shares to Buy as we recently hosted a meeting with senior management at Walgreens (CEO, CFO, head of pharmacy), where investors’ focus was squarely on the recently announced Summit/Village MD acquisition deal, and the company’s transition to a healthcare services company.”</blockquote><h2>JPMorgan initiates GoDaddy as buy</h2><p>JPMorgan said in its initiation of the internet domain name company that it sees a sizeable market ahead for GoDaddy.</p><blockquote>“These companies provide cloud-based tools for website building and e-commerce on a global scale.”</blockquote><h2>Jefferies initiates Roku as buy</h2><p>Jefferies said it sees too much ad market uncertainty.</p><blockquote>“We initiate ROKU with a Hold rating. We appreciate the flywheel of OS, ad network, and its own channel + in early innings of linear ad dollars shifting to CTV.”</blockquote><h2>Piper Sandler downgrades Occidental to neutral from outperform</h2><p>Piper said in its downgrade of the stock that it sees better upside elsewhere.</p><blockquote>“Post recent performance, we downgradeOXYto Neutral, as we see greater upside elsewhere.”</blockquote><h2>Bank of America downgrades Lumentum to neutral from buy</h2><p>Bank of America said in its downgrade of the telecommunications equipment company that margin headwinds are mounting.</p><blockquote>“Long-term, we acknowledge LITE remains in position to benefit from datacom and telecom upgrades towards advanced, high-speed 400G/800G+ transmission solutions.”</blockquote><h2>UBS downgrades GSK to sell from neutral</h2><p>UBS said in its downgrade of the pharmaceutical company that it sees an “unattractive earnings scenario.”</p><blockquote>“At face value GSK trades on c9x ’23E PE for near double-digit EPS CAGR to ’26. Compared to the EU peer group that may not seem demanding, but we think it is.”</blockquote><h2>Piper Sandler reiterates Coinbase as overweight</h2><p>Piper said Coinbase is still well positioned for the long term.</p><blockquote>“COIN is strategically well positioned and a solid balance sheet should help them weather a prolonged ‘crypto winter.’”</blockquote><h2>Bank of America downgrades Applovin to neutral from buy</h2><p>Bank of America said in its downgrade of the software company that it sees no near-term catalysts.</p><blockquote>We downgrade APP to Neutral from Buy with a new $17 PO (down from $35 previously), as we do not see near-term catalysts despite the stock’s low valuation.</blockquote></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>Top Calls on Wall Street: Apple, Nvidia, Amazon, Netflix, Coinbase and More</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\">\nTop Calls on Wall Street: Apple, Nvidia, Amazon, Netflix, Coinbase and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-11 23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Here are Friday’s biggest calls on Wall Street:</p><h2>Citi reiterates GM as a top pick</h2><p>Citi said it sees “growth and resilience” heading into an investor day next week.</p><blockquote>“We continue to viewGM’sNov 17th Investor Day as a potential positive catalyst, as it could provide much-needed clarity across two key fronts: Growth &amp; Resilience.”</blockquote><h2>Benchmark reiterates Carvana as hold</h2><p>Benchmark said it sees too much risk to recommend the stock right now.</p><blockquote>“Carvana’sbrand recognition, in our view, is a competitive advantage and its ability to leverage the latest technology positions the company as a premium name.”</blockquote><h2>UBS upgrades Werner to buy from neutral</h2><p>UBS said it sees upside for several trucking company names.</p><blockquote>“We are upgrading three truckload names to Buy from Neutral including HTLD,WERN, and SNDR and reiterating our Buy on KNX. The truckload stocks move slightly ahead of spot rates and our analysis indicates we are close to a bottom in rates. As spot rates stabilize we expect P/E valuation to support upside for the truckload names.”</blockquote><h2>Morgan Stanley reiterates Apple as overweight</h2><p>Morgan Stanley said the wait for some ofApple’siPhones continue to rise.</p><blockquote>“iPhone 14 Pro/Pro Max lead times have risen to record highs as COVID restrictions disrupt supply, although we don’t believe the situation has worsened since Monday.”</blockquote><h2>Bank of America reiterates Amazon as buy</h2><p>Bank of America said reports of a cost cutting review at Amazon are a “positive.”</p><blockquote>“We have noted a shift in cost focus for the FANG group after disappointing 3Q results, with Meta’s recent headcount reduction the most notable cost action.”</blockquote><h2>JPMorgan downgrades Intel to underweight from overweight</h2><p>JPMorgan said in its double downgrade of the stock that a turnaround could take years.</p><blockquote>“It is important to note that our rating onINTCis a relative call vs the group, for which see a positive move over the next 12-18 months and where we see INTC participating, but we think at a slower pace due to a combination of competitive pressures, questions on the ability to execute, and macro headwinds.”</blockquote><h2>Raymond James downgrades Figs to outperform from strong buy</h2><p>Raymond James said in its downgrade of the health care apparel company that the “bad news is out of the bag.”</p><blockquote>“FIGS reported a 3Q beat on revenue, GM%, and EBITDA%, but lowered the ’22 guide (revenue +18%y/y vs +22-26% prior) and EBITDA% ~16% (16-18% prior).”</blockquote><h2>UBS reiterates Ralph Lauren as buy</h2><p>UBS said Ralph Lauren is an “attractive turnaround stock.”</p><blockquote>“We view RL as a strong turnaround stock. We believe the stock will outperform over the NTM (next twelve months) due to EPS beats and P/E expansion.”</blockquote><h2>Wedbush adds IMAX to the best ideas list</h2><p>Wedbush said the big screen movie company is well positioned.</p><blockquote>“We are adding IMAX to Wedbush’s Best Ideas List. We view IMAX as 1) the best way to play the upcoming theatrical rebound, 2) the best positioned to gain from consumers’ ongoing shift toward premium theatrical amenities.”</blockquote><h2>JPMorgan reiterates Silvergate as overweight</h2><p>JPMorgan said the crypto company’s exposure to FTX is overblown.</p><blockquote>“With that said, however, we see the sell-off in SI shares as a dramatic overreaction due to the speculation (largely being posted on Twitter) around the potential impacts to Silvergate from the recent market turmoil.”</blockquote><h2>Citi opens a negative catalyst watch on Foot Locker</h2><p>Citi said it’s concerned that there will be no Yeezy products in the company’s stores which will be a headwind for the stock.</p><blockquote>“Our checks suggest there will be no Yeezy product in stores in 4Q (FL stores boxed up the products and sent them back to Adidas). That means FL is going into the all-important holiday qtr (when the highest proportion of Yeezy/Jordan launch activity takes place) with significantly fewer Jordan Retros and no Yeezys.”</blockquote><h2>Deutsche Bank names Walmart and BJ’s as top picks</h2><p>Deutsche said it sees “further upside ahead” heading into earnings next week.</p><blockquote>“While the shares of WMT, TGT, BJ, and DLTR have enjoyed solid gains over the last three months – outperforming the SPX by 12 points – we see further upside ahead as we think there will be more evidence supporting the bull cases into 2023.”</blockquote><h2>Piper Sandler reiterates Nvidia as outperform</h2><p>Piper said investors should buy the stock heading into earnings next week.</p><blockquote>“We are buyers of NVDA into the print next week and believe that the January quarter guidance will see a resumption of growth for the data center business.”</blockquote><h2>JPMorgan reiterates Netflix as overweight</h2><p>JPMorgan said it has “increased conviction” in shares of the streaming giant.</p><blockquote>“We continue to like NFLX shares &amp; have increased conviction in the company’s ability to accelerate revenue growth, expand operating margins, &amp; increase FCF, partly driven by the launch of advertising &amp; paid sharing.”</blockquote><h2>Deutsche Bank upgrades Walgreens to buy from hold</h2><p>Deutsche Bank said it’s feeling more bullish after a meeting with company management.</p><blockquote>“We are upgrading WBA shares to Buy as we recently hosted a meeting with senior management at Walgreens (CEO, CFO, head of pharmacy), where investors’ focus was squarely on the recently announced Summit/Village MD acquisition deal, and the company’s transition to a healthcare services company.”</blockquote><h2>JPMorgan initiates GoDaddy as buy</h2><p>JPMorgan said in its initiation of the internet domain name company that it sees a sizeable market ahead for GoDaddy.</p><blockquote>“These companies provide cloud-based tools for website building and e-commerce on a global scale.”</blockquote><h2>Jefferies initiates Roku as buy</h2><p>Jefferies said it sees too much ad market uncertainty.</p><blockquote>“We initiate ROKU with a Hold rating. We appreciate the flywheel of OS, ad network, and its own channel + in early innings of linear ad dollars shifting to CTV.”</blockquote><h2>Piper Sandler downgrades Occidental to neutral from outperform</h2><p>Piper said in its downgrade of the stock that it sees better upside elsewhere.</p><blockquote>“Post recent performance, we downgradeOXYto Neutral, as we see greater upside elsewhere.”</blockquote><h2>Bank of America downgrades Lumentum to neutral from buy</h2><p>Bank of America said in its downgrade of the telecommunications equipment company that margin headwinds are mounting.</p><blockquote>“Long-term, we acknowledge LITE remains in position to benefit from datacom and telecom upgrades towards advanced, high-speed 400G/800G+ transmission solutions.”</blockquote><h2>UBS downgrades GSK to sell from neutral</h2><p>UBS said in its downgrade of the pharmaceutical company that it sees an “unattractive earnings scenario.”</p><blockquote>“At face value GSK trades on c9x ’23E PE for near double-digit EPS CAGR to ’26. Compared to the EU peer group that may not seem demanding, but we think it is.”</blockquote><h2>Piper Sandler reiterates Coinbase as overweight</h2><p>Piper said Coinbase is still well positioned for the long term.</p><blockquote>“COIN is strategically well positioned and a solid balance sheet should help them weather a prolonged ‘crypto winter.’”</blockquote><h2>Bank of America downgrades Applovin to neutral from buy</h2><p>Bank of America said in its downgrade of the software company that it sees no near-term catalysts.</p><blockquote>We downgrade APP to Neutral from Buy with a new $17 PO (down from $35 previously), as we do not see near-term catalysts despite the stock’s low valuation.</blockquote></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RL":"拉夫劳伦","NFLX":"奈飞","GM":"通用汽车","BJ":"BJ批发俱乐部","FIGS":"FIGS, Inc.","APP":"AppLovin Corporation","OXY":"西方石油","WBA":"沃尔格林联合博姿","GSK":"葛兰素史克","INTC":"英特尔","WMT":"沃尔玛","FL":"富乐客","WERN":"沃纳企业公司","CVNA":"Carvana Co.","ROKU":"Roku Inc","GDDY":"Godaddy Inc.","NVDA":"英伟达","AAPL":"苹果","COIN":"Coinbase Global, Inc.","LITE":"Lumentum Holdings Inc.","IMAX":"Imax Corp"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134587202","content_text":"Here are Friday’s biggest calls on Wall Street:Citi reiterates GM as a top pickCiti said it sees “growth and resilience” heading into an investor day next week.“We continue to viewGM’sNov 17th Investor Day as a potential positive catalyst, as it could provide much-needed clarity across two key fronts: Growth & Resilience.”Benchmark reiterates Carvana as holdBenchmark said it sees too much risk to recommend the stock right now.“Carvana’sbrand recognition, in our view, is a competitive advantage and its ability to leverage the latest technology positions the company as a premium name.”UBS upgrades Werner to buy from neutralUBS said it sees upside for several trucking company names.“We are upgrading three truckload names to Buy from Neutral including HTLD,WERN, and SNDR and reiterating our Buy on KNX. The truckload stocks move slightly ahead of spot rates and our analysis indicates we are close to a bottom in rates. As spot rates stabilize we expect P/E valuation to support upside for the truckload names.”Morgan Stanley reiterates Apple as overweightMorgan Stanley said the wait for some ofApple’siPhones continue to rise.“iPhone 14 Pro/Pro Max lead times have risen to record highs as COVID restrictions disrupt supply, although we don’t believe the situation has worsened since Monday.”Bank of America reiterates Amazon as buyBank of America said reports of a cost cutting review at Amazon are a “positive.”“We have noted a shift in cost focus for the FANG group after disappointing 3Q results, with Meta’s recent headcount reduction the most notable cost action.”JPMorgan downgrades Intel to underweight from overweightJPMorgan said in its double downgrade of the stock that a turnaround could take years.“It is important to note that our rating onINTCis a relative call vs the group, for which see a positive move over the next 12-18 months and where we see INTC participating, but we think at a slower pace due to a combination of competitive pressures, questions on the ability to execute, and macro headwinds.”Raymond James downgrades Figs to outperform from strong buyRaymond James said in its downgrade of the health care apparel company that the “bad news is out of the bag.”“FIGS reported a 3Q beat on revenue, GM%, and EBITDA%, but lowered the ’22 guide (revenue +18%y/y vs +22-26% prior) and EBITDA% ~16% (16-18% prior).”UBS reiterates Ralph Lauren as buyUBS said Ralph Lauren is an “attractive turnaround stock.”“We view RL as a strong turnaround stock. We believe the stock will outperform over the NTM (next twelve months) due to EPS beats and P/E expansion.”Wedbush adds IMAX to the best ideas listWedbush said the big screen movie company is well positioned.“We are adding IMAX to Wedbush’s Best Ideas List. We view IMAX as 1) the best way to play the upcoming theatrical rebound, 2) the best positioned to gain from consumers’ ongoing shift toward premium theatrical amenities.”JPMorgan reiterates Silvergate as overweightJPMorgan said the crypto company’s exposure to FTX is overblown.“With that said, however, we see the sell-off in SI shares as a dramatic overreaction due to the speculation (largely being posted on Twitter) around the potential impacts to Silvergate from the recent market turmoil.”Citi opens a negative catalyst watch on Foot LockerCiti said it’s concerned that there will be no Yeezy products in the company’s stores which will be a headwind for the stock.“Our checks suggest there will be no Yeezy product in stores in 4Q (FL stores boxed up the products and sent them back to Adidas). That means FL is going into the all-important holiday qtr (when the highest proportion of Yeezy/Jordan launch activity takes place) with significantly fewer Jordan Retros and no Yeezys.”Deutsche Bank names Walmart and BJ’s as top picksDeutsche said it sees “further upside ahead” heading into earnings next week.“While the shares of WMT, TGT, BJ, and DLTR have enjoyed solid gains over the last three months – outperforming the SPX by 12 points – we see further upside ahead as we think there will be more evidence supporting the bull cases into 2023.”Piper Sandler reiterates Nvidia as outperformPiper said investors should buy the stock heading into earnings next week.“We are buyers of NVDA into the print next week and believe that the January quarter guidance will see a resumption of growth for the data center business.”JPMorgan reiterates Netflix as overweightJPMorgan said it has “increased conviction” in shares of the streaming giant.“We continue to like NFLX shares & have increased conviction in the company’s ability to accelerate revenue growth, expand operating margins, & increase FCF, partly driven by the launch of advertising & paid sharing.”Deutsche Bank upgrades Walgreens to buy from holdDeutsche Bank said it’s feeling more bullish after a meeting with company management.“We are upgrading WBA shares to Buy as we recently hosted a meeting with senior management at Walgreens (CEO, CFO, head of pharmacy), where investors’ focus was squarely on the recently announced Summit/Village MD acquisition deal, and the company’s transition to a healthcare services company.”JPMorgan initiates GoDaddy as buyJPMorgan said in its initiation of the internet domain name company that it sees a sizeable market ahead for GoDaddy.“These companies provide cloud-based tools for website building and e-commerce on a global scale.”Jefferies initiates Roku as buyJefferies said it sees too much ad market uncertainty.“We initiate ROKU with a Hold rating. We appreciate the flywheel of OS, ad network, and its own channel + in early innings of linear ad dollars shifting to CTV.”Piper Sandler downgrades Occidental to neutral from outperformPiper said in its downgrade of the stock that it sees better upside elsewhere.“Post recent performance, we downgradeOXYto Neutral, as we see greater upside elsewhere.”Bank of America downgrades Lumentum to neutral from buyBank of America said in its downgrade of the telecommunications equipment company that margin headwinds are mounting.“Long-term, we acknowledge LITE remains in position to benefit from datacom and telecom upgrades towards advanced, high-speed 400G/800G+ transmission solutions.”UBS downgrades GSK to sell from neutralUBS said in its downgrade of the pharmaceutical company that it sees an “unattractive earnings scenario.”“At face value GSK trades on c9x ’23E PE for near double-digit EPS CAGR to ’26. Compared to the EU peer group that may not seem demanding, but we think it is.”Piper Sandler reiterates Coinbase as overweightPiper said Coinbase is still well positioned for the long term.“COIN is strategically well positioned and a solid balance sheet should help them weather a prolonged ‘crypto winter.’”Bank of America downgrades Applovin to neutral from buyBank of America said in its downgrade of the software company that it sees no near-term catalysts.We downgrade APP to Neutral from Buy with a new $17 PO (down from $35 previously), as we do not see near-term catalysts despite the stock’s low valuation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960556266,"gmtCreate":1668214116355,"gmtModify":1676538029044,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960556266","repostId":"2282487556","repostType":4,"repost":{"id":"2282487556","kind":"highlight","pubTimestamp":1668213017,"share":"https://ttm.financial/m/news/2282487556?lang=&edition=fundamental","pubTime":"2022-11-12 08:30","market":"us","language":"en","title":"Nvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration","url":"https://stock-news.laohu8.com/highlight/detail?id=2282487556","media":"Seeking Alpha","summary":"SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-","content":"<html><head></head><body><h2>Summary</h2><ul><li>Nvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential &#34;dovish response from the Fed&#34;.</li><li>The stock&#39;s recent gains as a result of mitigating strategies taken against the newly imposed export restrictions to China is also welcome news, underscoring investors&#39; confidence in Nvidia&#39;s longer-term prospects.</li><li>Yet, mounting macroeconomic uncertainties still remain a large overhang on the stock&#39;s near-term performance, with renewed concerns of a crypto downturn adding complexity to the Nvidia stock&#39;s outlook.</li><li>The following analysis will walk through some of the latest developments in Nvidia&#39;s operating, macro and regulatory environment, and gauge their respective implications on the stock&#39;s near-term performance.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/821a26da6fd45d4119675770e348fdbe\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>Justin Sullivan</span></p><p>The better-than-expected CPI print for October unleashed a rally in both equities and credits on Thursday (November 10), with the tech-heavy Nasdaq 100 index adding close to $1 trillion in market cap over the span of one session. Nvidia (NASDAQ:NVDA) was one of the biggest gainers, staging a 14% intra-day rally to outperform the broader PHLX Semiconductor Index (SOX).</p><p>Signs of easing financial conditions is currently a core driver of investors’ confidence, which is corroborated by the strong intra-day gains observed during Thursday’s session. Yet, the broader market climate remains fragile, as the Fed’s monetary policy tightening trajectory has yet to peak, with consumer slowdown only now becoming more prevalent.</p><p>And specific to Nvidia, the company also faces operating challenges from worsening geopolitical tensions, though its recent release of the A800 data center GPUs exclusive to the Chinese market in compliance with U.S. regulatory requirements is a step in the right direction. But renewed crypto contagion fears are now sparking fresh concerns on the near-term performance of Nvidia’s GPU segment, which is already reeling from a broader decline in global PC demand this year.</p><p>Regardless of the near-term macro and industry-specific headwinds though, Nvidia’s robust one-day gain on Thursday underscores the strength of investors’ confidence in the stock still, given the underlying business’ positive potential in benefitting from longer-term advances stemming from its massive market share across high-growth verticals spanning high-performance computing (“HPC”) to AI-driven innovations like self-driving vehicles and the metaverse. With market conditions still choppy in the months ahead, the Nvidia stock’s latest rally is likely to fizzle, creating more compelling entry opportunities than its current valuation.</p><p><b>Macro Overview</b></p><p>The Federal Reserve maintained a hawkish tone after raising 75 bps for the fourth time consecutively this year in November as inflation remains far from the desired 2% target. With the October inflation print coming in better-than-expected, market participants are becoming more optimistic that the worst of rapid price increases this year are now behind, playing favorably to desires for a more dovish monetary policy trajectory and improving financial conditions ahead.</p><p>October headline CPI came in at 7.7%, softer than the average consensus estimate of 7.9%, marking the “smallest annual advance since the start of the year”. Meanwhile, core inflation – which strips the impact of volatile food and energy prices – came in at 6.3%, which is also a welcome improvement from consensus calls for 6.5%. Equities rallied across the board in response to the softer-than-expected inflation print, as it points to early signs of a structural slowdown in pricing increases that the Federal Reserve has been looking for before considering easing its monetary policy tightening plans. The latest improvement in pricing increases is supportive of the Fed’s planned rate hike for 50 bps in December, marking possibly the first deceleration in the pace of tightening since June.</p><p>Yet, any possibility of a sustained rally on signs of easing inflation and a potential Fed pivot remains remote. At 7.7%, current price increases remain far removed from the Fed’s desired 2% target, which aligns with Fed Chair Jerome Powell’s commentary earlier this month that the terminal rate could end up being higher than previously anticipated as tightening continues into restrictive territory to ensure inflation is contained. The remarks were further reinforced by Dallas Fed President Lorie Logan on Thursday (November 10):</p><blockquote>Today’s economic conditions are complex, but they can be summarized in five words: Inflation is much too high.</blockquote><blockquote>Not only is inflation far above the FOMC’s 2 percent target, but with aggregate demand continuing to outstrip supply, inflation has repeatedly come in higher than forecasters expected. This morning’s CPI [Consumer Price Index] data were a welcome relief, but there is still a long way to go.</blockquote><blockquote>Source: Federal Reserve Bank of Dallas</blockquote><p>What this effectively means is that the demand environment for Nvidia will continue to weaken, weighing on its near-term fundamental prospects. The stock’s valuation outlook over coming months will also remain volatile to changes in interest rates, which place a direct impact on multiples that dictate the value of the underlying business’ future prospects.</p><p>Specifically, on the fundamental front, continued rate hikes and “much too high” inflation implies tightening financial conditions over coming months, especially as ongoing deterioration in consumer sentiment this year now becomes materialized into a real decline in consumer purchasing power. Average personal savings in the U.S. have declined from 3.5% in the second quarter to 3.1% in the third quarter, a far-cry from the “five-year pre-COVID average of [approximately] 7.7%”. Consumers are also increasing reliance on credit card debt to sustain spending as purchasing power declines in the face of surging inflation – consumer credit card debt is now approaching the “pre-pandemic peak of $916 billion in September”, while “real average hourly earnings decreased in October and were down 2.8% from a year earlier… falling each month since April 2021” after adjusting for inflation.</p><p>Specific to Nvidia, weakening consumer spending is largely reflected through significant underperformance in its consumer-centric Gaming segment during the fiscal second quarter. And conditions have likely remained muted or worsened in the fiscal third quarter, as global PC demand continued on a rapid decline while discretionary purchases of consumer electronics remained stagnated.</p><p>And on the commercial front, which was previously regarded as relatively recession-resistant compared to the consumer end-market, spending has become more conscious as well based on commentary during the latest third quarter earnings season. Even resilient corporate cloud investments are showing signs of a slowdown or delay amid growing macroeconomic uncertainties, risking weakness in data center investments over the near-term, which would impact the performance of Nvidia’s star segment.</p><p>And on the valuation front, continued rate hikes are bound to further weigh on multiples. The value of high growth companies like Nvidia, with much of their prospects still being “far out in the future” are becoming increasingly susceptible to heavy discounting as a result of rising capital costs. This circles back to our earlier mention that any rally in the Nvidia stock observed as a result of the latest October inflation print will likely fizzle, as the double-whammy of valuation and fundamental challenges continue to play out over coming months.</p><p><b>Implications of the A800 Data Center GPU</b></p><p>Moving on from broader market headwinds, Nvidia is also facing industry-specific challenges stemming from intensifying U.S.-China relations as of late. As discussed in detail in our previous coverage on the stock, the latest ban imposed by the U.S. government on exports of advanced semiconductor technologies to China further complexes the operating backdrop for chip makers like Nvidia, which is already reeling from unraveling demand this year. The company had previously reiterated that it does not expect a material impact on its business as a result of the newly imposed restrictions, though the implementation of said export ban could result in a $400 million headwind to fiscal third quarter results.</p><p>In the latest development, Nvidia has confirmed the production of A800 data center GPUs made exclusively for the Chinese market in response to U.S. regulatory requirements. The A800 chips will be a direct replacement for the A100 that has been effectively banned from being exported to China. The A800 chips, which are also based on Nvidia’s Ampere architecture, will include three variants offering the same specs as the A100 chips. However, the “NVIDIA NVLink” technology implemented, which enables “seamless, high-speed communication between every GPU” within a system to facilitate the compute demands of increasingly complex AI and HPC workloads, will be downgraded from the A100’s standard 600GBps to 400GBps for the A800. The A800 has received regulatory clearance from the U.S. for export to China, with the hardware’s processing speed non-programmable to exceed the 400GBps cap, and thereby “limiting their usefulness” in HPC applications to restrict China’s military advancements. However, the company has yet to provide any immediate reprieve to restricted sales of the upcoming H100 Grace data center CPUs to China as a result of the new rules, which also relies on next-generation NVLink technology capable of at least 1.5x higher performance than existing Ampere-based processors.</p><p>As analyzed in our previous coverage, we expect Nvidia’s base case 12-month PT to hover around $150 and bull case 12-month PT of $160 as a result of the newly imposed export restrictions in addition to looming macroeconomic challenges. And the recent relief brought by the introduction of the A800 chips exclusive to the Chinese market – the largest source of semiconductor demand – is viewed as a positive development to support the stock’s potential leap beyond the base case PT and approach towards the near-term bull case PT. This is further corroborated by the stock’s intra-day leap of as much as 4% to reach the $150-level on November 8th upon announcement of the A800 chip which began productions in the fiscal third quarter, which was organic to positive investors’ sentiment on the news and separate from any positive macro development.</p><p><i>i. Bull Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/69a9f8803dc4cfc1a6531cd5970e6116\" tg-width=\"640\" tg-height=\"345\" width=\"100%\" height=\"auto\"/><span>Nvidia Bull Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ce58edfb1fd144ddb4958ce28aa3068\" tg-width=\"640\" tg-height=\"367\" width=\"100%\" height=\"auto\"/><span>Nvidia Bull Case PT (Author)</span></p><p><i>ii. Base Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a48b2c2079cc21eba075a71a080240c9\" tg-width=\"640\" tg-height=\"373\" width=\"100%\" height=\"auto\"/><span>Nvidia Base Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8c8bdcb85fdca3d00f2a79a9aa1f947\" tg-width=\"640\" tg-height=\"363\" width=\"100%\" height=\"auto\"/><span>Nvidia Base Case PT (Author)</span></p><p><i>iii. Bear Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55fa52330c071632e4c5480164c6da69\" tg-width=\"640\" tg-height=\"358\" width=\"100%\" height=\"auto\"/><span>Nvidia Bear Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d24c4b920c94cd1163561b799af23cb\" tg-width=\"640\" tg-height=\"357\" width=\"100%\" height=\"auto\"/><span>Nvidia Bear Case PT (Author)</span></p><p>However, the total elimination of Chinese demand for Nvidia’s best-selling A100 data center GPUs and H100 data center CPUs will remain an overhang on the company’s near-term fundamental performance. China is still the largest buyer of chips, and with Nvidia’s heavy reliance on HPC/data center sales to make-up for the near-term downturn in its consumer-centric segments, the company is still missing out on a chunk of market share that it would have otherwise been able to capitalize on if it were not for the newly imposed rules. Yet, we see the A800 as a positive development that will not only bring some partial relief to Nvidia’s near-term fundamental performance, but also an indicator of a potential equivalent for the company’s new foray in data center CPUs with its Hopper architecture. We see this as a probable implication for a potential clawback of revenue losses that were previously thought to be permanent due to the U.S.-imposed export curbs, which would be a plus to Nvidia’s near-term valuation prospects.</p><p><b>Implications of Crypto Contagion 2.0</b></p><p>As previously discussed, lingering crypto headwinds make another overhang that is harder to gauge on Nvidia’s near-term performance. Recall that a non-disclosed portion of Nvidia’s Gaming segment sales are driven by GPU demand from crypto mining, which has experienced a material slowdown this year following the Luna/Terra death spiral (UST-USD / LUNC-USD / LUNA-USD) in May and the Ethereum Merge (ETH-USD) that took place in September.</p><p>While cryptocurrencies saw some reprieve in prices in late October, earlier hopes of an emergence from the latest crypto winter have been stymied by the latest FTX wind-down. It has been a tumultuous week for crypto. The intensifying feud last weekend between Binance (BNB-USD) founder and CEO Changpeng “CZ” Zhao and FTX founder and CEO Sam Bankman-Fried following the former’s decision to liquidate its holdings in the latter’s FTT coins (FTT-USD) had rapidly turned into a liquidity crunch for FTX.com, which later turned into a potential bailout by Binance. And within 24 hours, the relief deal soured with Binance pulling out from the non-binding bailout agreement, and FTX facing bankruptcy risks. Contagion fears are also spreading like wild fire again, with BlockFi being the latest victim in the downward spiraling situation.</p><p>Cryptocurrencies have plummeted this week as a result of the latest drama unfolding in real-time within the digital assets industry. Even Thursday’s relief rally on the back of easing inflation signals failed to restore confidence in the risky asset, with Bitcoin prices dipping below $17,000 at one point. Many Bitcoin miners have already either sold their coins or mining equipment to raise cash needed to weather the protracted crypto winter, with some even halting expansion efforts as a pre-emptive measure against rising liquidity pressures:</p><blockquote>Contagion risks in cryptocurrencies, following on from the FTX-Alameda collapse, will take a long time to work through and the market remains vulnerable…We’re going to see definite lower volumes because people are going to hold back at this moment in time.</blockquote><blockquote>Source: Bloomberg</blockquote><p>While Nvidia’s latest release of the A800 chips and the broader market rally on signs of easing inflation this week have largely overshadowed potential contagion risks to demand for its gaming / crypto-mining GPUs, we see the latest crypto rout as a new bout of challenge on the chipmaker’s already-stagnate Gaming segment. As mentioned in the earlier section, Nvidia’s Gaming segment has already seen a significant decline in sales as a result of “softness in Europe related to the war in Ukraine and COVID lockdowns in China” that have been worsened by “lower units and lower ASPs” due to deteriorating macro conditions, and inadvertently, consumer demand. The latest crypto whiplash is likely to bring about further declines in crypto mining activity, thus adding to the Gaming segment’s near-term turmoil given an undisclosed portion of its sales are still linked to crypto mining demand.</p><p>In addition to a contagion impact from the recent crypto debacle on the Gaming segment’s sales, Nvidia also risks another write-off related to its inventory of crypto-mining processors, “CMP”. Although any related amount is not expected to place a material impact on its fundamental nor valuation prospects – for perspective, Nvidia had already reported a $1.32 billion CMP inventory write-down during the fiscal second quarter – it does not bode well for the company’s profit margins, nonetheless. This makes another near-term challenge to consider ahead of its upcoming fiscal third quarter earnings release, as investors’ preference shift towards profitability over growth ahead of an increasingly uncertain market climate.</p><p><b>Final Thoughts</b></p><p>As we have previously noted – when it rains, it pours for Nvidia. The near-term operating environment for the company remains a challenge, and the market backdrop for the stock’s near-term prospects continues to be turbulent. While the latest macro development pertaining to signs of easing inflation makes a positive point for valuation multiples, it is too soon to tell if the related rally is sustainable as price increases remain far out from the Fed’s 2% target. Continued Fed monetary policy tightening into restrictive territory to ensure inflation is under control for good means further deterioration in financial conditions ahead. And the recent easing observed in China’s stringent COVID Zero policies are also adding pressure to a tightening oil market – especially as the OPEC+ slashes production this month to prevent further price declines. With a potential return of demand from the world’s largest oil importer, the tightening oil market today is unlikely to handle such a sudden influx, adding to risks of a rebound in price pressures in the near-term, which corroborates continued hawkishness in the Fed’s policy agenda.</p><p>And while Nvidia’s recent introduction of the A800 is a step in the right direction to mitigate the impact of fraying U.S.-China relations, there is still work to be done to recoup the majority of lost revenues from other verticals as a result of the latest export restrictions. The latest crypto turmoil also brings renewed pressure on the company’s already-staggering Gaming segment.</p><p>Despite a cautious sentiment over Nvidia’s near-term outlook, the company remains well-positioned to capitalize on high-growth opportunities driven by secular demand across multiple verticals in which it specifically caters to over the longer-term. Nvidia’s offerings remain a critical backbone to almost every technology used across all daily life settings today and tomorrow, from HPC applications satisfying cloud-computing demand, to AI applications addressing nascent developments like autonomous mobility and the metaverse. The steadfast confidence in the company’s long-term bullishness is further evidenced by the Nvidia stock’s outsized gains on Thursday. Although further downturns in the stock are expected within the near-term to wipe-out its impressive intra-day gains observed this week, we view them as compelling risk-reward opportunities for longer-term upside potential ahead.</p><p><i>This article is written by </i><i>Livy Investment Research</i><i> for reference only. Please note the risks.</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>Nvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration</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; 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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\">\nNvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-12 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential \"dovish response from the Fed\"....</p>\n\n<a href=\"https://seekingalpha.com/article/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration\">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/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282487556","content_text":"SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential \"dovish response from the Fed\".The stock's recent gains as a result of mitigating strategies taken against the newly imposed export restrictions to China is also welcome news, underscoring investors' confidence in Nvidia's longer-term prospects.Yet, mounting macroeconomic uncertainties still remain a large overhang on the stock's near-term performance, with renewed concerns of a crypto downturn adding complexity to the Nvidia stock's outlook.The following analysis will walk through some of the latest developments in Nvidia's operating, macro and regulatory environment, and gauge their respective implications on the stock's near-term performance.Justin SullivanThe better-than-expected CPI print for October unleashed a rally in both equities and credits on Thursday (November 10), with the tech-heavy Nasdaq 100 index adding close to $1 trillion in market cap over the span of one session. Nvidia (NASDAQ:NVDA) was one of the biggest gainers, staging a 14% intra-day rally to outperform the broader PHLX Semiconductor Index (SOX).Signs of easing financial conditions is currently a core driver of investors’ confidence, which is corroborated by the strong intra-day gains observed during Thursday’s session. Yet, the broader market climate remains fragile, as the Fed’s monetary policy tightening trajectory has yet to peak, with consumer slowdown only now becoming more prevalent.And specific to Nvidia, the company also faces operating challenges from worsening geopolitical tensions, though its recent release of the A800 data center GPUs exclusive to the Chinese market in compliance with U.S. regulatory requirements is a step in the right direction. But renewed crypto contagion fears are now sparking fresh concerns on the near-term performance of Nvidia’s GPU segment, which is already reeling from a broader decline in global PC demand this year.Regardless of the near-term macro and industry-specific headwinds though, Nvidia’s robust one-day gain on Thursday underscores the strength of investors’ confidence in the stock still, given the underlying business’ positive potential in benefitting from longer-term advances stemming from its massive market share across high-growth verticals spanning high-performance computing (“HPC”) to AI-driven innovations like self-driving vehicles and the metaverse. With market conditions still choppy in the months ahead, the Nvidia stock’s latest rally is likely to fizzle, creating more compelling entry opportunities than its current valuation.Macro OverviewThe Federal Reserve maintained a hawkish tone after raising 75 bps for the fourth time consecutively this year in November as inflation remains far from the desired 2% target. With the October inflation print coming in better-than-expected, market participants are becoming more optimistic that the worst of rapid price increases this year are now behind, playing favorably to desires for a more dovish monetary policy trajectory and improving financial conditions ahead.October headline CPI came in at 7.7%, softer than the average consensus estimate of 7.9%, marking the “smallest annual advance since the start of the year”. Meanwhile, core inflation – which strips the impact of volatile food and energy prices – came in at 6.3%, which is also a welcome improvement from consensus calls for 6.5%. Equities rallied across the board in response to the softer-than-expected inflation print, as it points to early signs of a structural slowdown in pricing increases that the Federal Reserve has been looking for before considering easing its monetary policy tightening plans. The latest improvement in pricing increases is supportive of the Fed’s planned rate hike for 50 bps in December, marking possibly the first deceleration in the pace of tightening since June.Yet, any possibility of a sustained rally on signs of easing inflation and a potential Fed pivot remains remote. At 7.7%, current price increases remain far removed from the Fed’s desired 2% target, which aligns with Fed Chair Jerome Powell’s commentary earlier this month that the terminal rate could end up being higher than previously anticipated as tightening continues into restrictive territory to ensure inflation is contained. The remarks were further reinforced by Dallas Fed President Lorie Logan on Thursday (November 10):Today’s economic conditions are complex, but they can be summarized in five words: Inflation is much too high.Not only is inflation far above the FOMC’s 2 percent target, but with aggregate demand continuing to outstrip supply, inflation has repeatedly come in higher than forecasters expected. This morning’s CPI [Consumer Price Index] data were a welcome relief, but there is still a long way to go.Source: Federal Reserve Bank of DallasWhat this effectively means is that the demand environment for Nvidia will continue to weaken, weighing on its near-term fundamental prospects. The stock’s valuation outlook over coming months will also remain volatile to changes in interest rates, which place a direct impact on multiples that dictate the value of the underlying business’ future prospects.Specifically, on the fundamental front, continued rate hikes and “much too high” inflation implies tightening financial conditions over coming months, especially as ongoing deterioration in consumer sentiment this year now becomes materialized into a real decline in consumer purchasing power. Average personal savings in the U.S. have declined from 3.5% in the second quarter to 3.1% in the third quarter, a far-cry from the “five-year pre-COVID average of [approximately] 7.7%”. Consumers are also increasing reliance on credit card debt to sustain spending as purchasing power declines in the face of surging inflation – consumer credit card debt is now approaching the “pre-pandemic peak of $916 billion in September”, while “real average hourly earnings decreased in October and were down 2.8% from a year earlier… falling each month since April 2021” after adjusting for inflation.Specific to Nvidia, weakening consumer spending is largely reflected through significant underperformance in its consumer-centric Gaming segment during the fiscal second quarter. And conditions have likely remained muted or worsened in the fiscal third quarter, as global PC demand continued on a rapid decline while discretionary purchases of consumer electronics remained stagnated.And on the commercial front, which was previously regarded as relatively recession-resistant compared to the consumer end-market, spending has become more conscious as well based on commentary during the latest third quarter earnings season. Even resilient corporate cloud investments are showing signs of a slowdown or delay amid growing macroeconomic uncertainties, risking weakness in data center investments over the near-term, which would impact the performance of Nvidia’s star segment.And on the valuation front, continued rate hikes are bound to further weigh on multiples. The value of high growth companies like Nvidia, with much of their prospects still being “far out in the future” are becoming increasingly susceptible to heavy discounting as a result of rising capital costs. This circles back to our earlier mention that any rally in the Nvidia stock observed as a result of the latest October inflation print will likely fizzle, as the double-whammy of valuation and fundamental challenges continue to play out over coming months.Implications of the A800 Data Center GPUMoving on from broader market headwinds, Nvidia is also facing industry-specific challenges stemming from intensifying U.S.-China relations as of late. As discussed in detail in our previous coverage on the stock, the latest ban imposed by the U.S. government on exports of advanced semiconductor technologies to China further complexes the operating backdrop for chip makers like Nvidia, which is already reeling from unraveling demand this year. The company had previously reiterated that it does not expect a material impact on its business as a result of the newly imposed restrictions, though the implementation of said export ban could result in a $400 million headwind to fiscal third quarter results.In the latest development, Nvidia has confirmed the production of A800 data center GPUs made exclusively for the Chinese market in response to U.S. regulatory requirements. The A800 chips will be a direct replacement for the A100 that has been effectively banned from being exported to China. The A800 chips, which are also based on Nvidia’s Ampere architecture, will include three variants offering the same specs as the A100 chips. However, the “NVIDIA NVLink” technology implemented, which enables “seamless, high-speed communication between every GPU” within a system to facilitate the compute demands of increasingly complex AI and HPC workloads, will be downgraded from the A100’s standard 600GBps to 400GBps for the A800. The A800 has received regulatory clearance from the U.S. for export to China, with the hardware’s processing speed non-programmable to exceed the 400GBps cap, and thereby “limiting their usefulness” in HPC applications to restrict China’s military advancements. However, the company has yet to provide any immediate reprieve to restricted sales of the upcoming H100 Grace data center CPUs to China as a result of the new rules, which also relies on next-generation NVLink technology capable of at least 1.5x higher performance than existing Ampere-based processors.As analyzed in our previous coverage, we expect Nvidia’s base case 12-month PT to hover around $150 and bull case 12-month PT of $160 as a result of the newly imposed export restrictions in addition to looming macroeconomic challenges. And the recent relief brought by the introduction of the A800 chips exclusive to the Chinese market – the largest source of semiconductor demand – is viewed as a positive development to support the stock’s potential leap beyond the base case PT and approach towards the near-term bull case PT. This is further corroborated by the stock’s intra-day leap of as much as 4% to reach the $150-level on November 8th upon announcement of the A800 chip which began productions in the fiscal third quarter, which was organic to positive investors’ sentiment on the news and separate from any positive macro development.i. Bull Case Financial Forecast and Valuation Analysis:Nvidia Bull Case Financial Forecast (Author)Nvidia Bull Case PT (Author)ii. Base Case Financial Forecast and Valuation Analysis:Nvidia Base Case Financial Forecast (Author)Nvidia Base Case PT (Author)iii. Bear Case Financial Forecast and Valuation Analysis:Nvidia Bear Case Financial Forecast (Author)Nvidia Bear Case PT (Author)However, the total elimination of Chinese demand for Nvidia’s best-selling A100 data center GPUs and H100 data center CPUs will remain an overhang on the company’s near-term fundamental performance. China is still the largest buyer of chips, and with Nvidia’s heavy reliance on HPC/data center sales to make-up for the near-term downturn in its consumer-centric segments, the company is still missing out on a chunk of market share that it would have otherwise been able to capitalize on if it were not for the newly imposed rules. Yet, we see the A800 as a positive development that will not only bring some partial relief to Nvidia’s near-term fundamental performance, but also an indicator of a potential equivalent for the company’s new foray in data center CPUs with its Hopper architecture. We see this as a probable implication for a potential clawback of revenue losses that were previously thought to be permanent due to the U.S.-imposed export curbs, which would be a plus to Nvidia’s near-term valuation prospects.Implications of Crypto Contagion 2.0As previously discussed, lingering crypto headwinds make another overhang that is harder to gauge on Nvidia’s near-term performance. Recall that a non-disclosed portion of Nvidia’s Gaming segment sales are driven by GPU demand from crypto mining, which has experienced a material slowdown this year following the Luna/Terra death spiral (UST-USD / LUNC-USD / LUNA-USD) in May and the Ethereum Merge (ETH-USD) that took place in September.While cryptocurrencies saw some reprieve in prices in late October, earlier hopes of an emergence from the latest crypto winter have been stymied by the latest FTX wind-down. It has been a tumultuous week for crypto. The intensifying feud last weekend between Binance (BNB-USD) founder and CEO Changpeng “CZ” Zhao and FTX founder and CEO Sam Bankman-Fried following the former’s decision to liquidate its holdings in the latter’s FTT coins (FTT-USD) had rapidly turned into a liquidity crunch for FTX.com, which later turned into a potential bailout by Binance. And within 24 hours, the relief deal soured with Binance pulling out from the non-binding bailout agreement, and FTX facing bankruptcy risks. Contagion fears are also spreading like wild fire again, with BlockFi being the latest victim in the downward spiraling situation.Cryptocurrencies have plummeted this week as a result of the latest drama unfolding in real-time within the digital assets industry. Even Thursday’s relief rally on the back of easing inflation signals failed to restore confidence in the risky asset, with Bitcoin prices dipping below $17,000 at one point. Many Bitcoin miners have already either sold their coins or mining equipment to raise cash needed to weather the protracted crypto winter, with some even halting expansion efforts as a pre-emptive measure against rising liquidity pressures:Contagion risks in cryptocurrencies, following on from the FTX-Alameda collapse, will take a long time to work through and the market remains vulnerable…We’re going to see definite lower volumes because people are going to hold back at this moment in time.Source: BloombergWhile Nvidia’s latest release of the A800 chips and the broader market rally on signs of easing inflation this week have largely overshadowed potential contagion risks to demand for its gaming / crypto-mining GPUs, we see the latest crypto rout as a new bout of challenge on the chipmaker’s already-stagnate Gaming segment. As mentioned in the earlier section, Nvidia’s Gaming segment has already seen a significant decline in sales as a result of “softness in Europe related to the war in Ukraine and COVID lockdowns in China” that have been worsened by “lower units and lower ASPs” due to deteriorating macro conditions, and inadvertently, consumer demand. The latest crypto whiplash is likely to bring about further declines in crypto mining activity, thus adding to the Gaming segment’s near-term turmoil given an undisclosed portion of its sales are still linked to crypto mining demand.In addition to a contagion impact from the recent crypto debacle on the Gaming segment’s sales, Nvidia also risks another write-off related to its inventory of crypto-mining processors, “CMP”. Although any related amount is not expected to place a material impact on its fundamental nor valuation prospects – for perspective, Nvidia had already reported a $1.32 billion CMP inventory write-down during the fiscal second quarter – it does not bode well for the company’s profit margins, nonetheless. This makes another near-term challenge to consider ahead of its upcoming fiscal third quarter earnings release, as investors’ preference shift towards profitability over growth ahead of an increasingly uncertain market climate.Final ThoughtsAs we have previously noted – when it rains, it pours for Nvidia. The near-term operating environment for the company remains a challenge, and the market backdrop for the stock’s near-term prospects continues to be turbulent. While the latest macro development pertaining to signs of easing inflation makes a positive point for valuation multiples, it is too soon to tell if the related rally is sustainable as price increases remain far out from the Fed’s 2% target. Continued Fed monetary policy tightening into restrictive territory to ensure inflation is under control for good means further deterioration in financial conditions ahead. And the recent easing observed in China’s stringent COVID Zero policies are also adding pressure to a tightening oil market – especially as the OPEC+ slashes production this month to prevent further price declines. With a potential return of demand from the world’s largest oil importer, the tightening oil market today is unlikely to handle such a sudden influx, adding to risks of a rebound in price pressures in the near-term, which corroborates continued hawkishness in the Fed’s policy agenda.And while Nvidia’s recent introduction of the A800 is a step in the right direction to mitigate the impact of fraying U.S.-China relations, there is still work to be done to recoup the majority of lost revenues from other verticals as a result of the latest export restrictions. The latest crypto turmoil also brings renewed pressure on the company’s already-staggering Gaming segment.Despite a cautious sentiment over Nvidia’s near-term outlook, the company remains well-positioned to capitalize on high-growth opportunities driven by secular demand across multiple verticals in which it specifically caters to over the longer-term. Nvidia’s offerings remain a critical backbone to almost every technology used across all daily life settings today and tomorrow, from HPC applications satisfying cloud-computing demand, to AI applications addressing nascent developments like autonomous mobility and the metaverse. The steadfast confidence in the company’s long-term bullishness is further evidenced by the Nvidia stock’s outsized gains on Thursday. Although further downturns in the stock are expected within the near-term to wipe-out its impressive intra-day gains observed this week, we view them as compelling risk-reward opportunities for longer-term upside potential ahead.This article is written by Livy Investment Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":604,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916013395,"gmtCreate":1664486631617,"gmtModify":1676537462136,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916013395","repostId":"1152954810","repostType":4,"isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916013907,"gmtCreate":1664486618509,"gmtModify":1676537462129,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9916013907","repostId":"2271719439","repostType":4,"isVote":1,"tweetType":1,"viewCount":565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916013036,"gmtCreate":1664486600425,"gmtModify":1676537462129,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916013036","repostId":"1199226004","repostType":4,"repost":{"id":"1199226004","kind":"news","pubTimestamp":1664463766,"share":"https://ttm.financial/m/news/1199226004?lang=&edition=fundamental","pubTime":"2022-09-29 23:02","market":"us","language":"en","title":"Moderna, Novavax Hit 52-Week Lows","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226004","media":"Seeking Alpha","summary":"The shares of COVID-19 vaccine makers witnessed a sharp decline on Thursday morning, with Moderna (N","content":"<html><head></head><body><p>The shares of COVID-19 vaccine makers witnessed a sharp decline on Thursday morning, with Moderna (NASDAQ:MRNA) and <a href=\"https://laohu8.com/S/NVAX\">Novavax</a> (NASDAQ:NVAX) reaching 52-week lows.<img src=\"https://static.tigerbbs.com/f39bba4d2f0635ea35262903a7358152\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p>Its rivals in COVID-19 vaccine development, Valneva (VALN), Vaxart (VXRT), <a href=\"https://laohu8.com/S/OCGN\">Ocugen</a> (OCGN), and <a href=\"https://laohu8.com/S/INO\">Inovio Pharmaceuticals</a> (INO), have also joined the selloff, which coincided with a market-wide weakness in stocks.</p><p>Moderna (MRNA) is trading at levels not seen since January 2021, and Novavax (NVAX) has approached the lowest level since May 2020.</p><p>MRNA announced Thursday that Juan Andres, its Chief Technical Operations and Quality Officer, will take up a new role as President, Strategic Partnerships and <a href=\"https://laohu8.com/S/EBTC\">Enterprise</a> Expansion, effective Jan. 01.</p><p>“In his new role, Mr. Andres will focus on building out the Company’s organization to support its growing pipeline,” MRNA added.</p><p>Dr. Jerh Collins, who headed Head of Global <a href=\"https://laohu8.com/S/TCFCP\">Chemical</a> Operations at Novartis (NVS), will succeed Mr. Andres.</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>Moderna, Novavax Hit 52-Week 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\">\nModerna, Novavax Hit 52-Week Lows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-29 23:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3887181-mrna-stock-nvax-stock-ocgn-stock-plunge><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The shares of COVID-19 vaccine makers witnessed a sharp decline on Thursday morning, with Moderna (NASDAQ:MRNA) and Novavax (NASDAQ:NVAX) reaching 52-week lows.Its rivals in COVID-19 vaccine ...</p>\n\n<a href=\"https://seekingalpha.com/news/3887181-mrna-stock-nvax-stock-ocgn-stock-plunge\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4139":"生物科技","BK4568":"美国抗疫概念","MRNA":"Moderna, Inc.","NVAX":"诺瓦瓦克斯医药"},"source_url":"https://seekingalpha.com/news/3887181-mrna-stock-nvax-stock-ocgn-stock-plunge","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226004","content_text":"The shares of COVID-19 vaccine makers witnessed a sharp decline on Thursday morning, with Moderna (NASDAQ:MRNA) and Novavax (NASDAQ:NVAX) reaching 52-week lows.Its rivals in COVID-19 vaccine development, Valneva (VALN), Vaxart (VXRT), Ocugen (OCGN), and Inovio Pharmaceuticals (INO), have also joined the selloff, which coincided with a market-wide weakness in stocks.Moderna (MRNA) is trading at levels not seen since January 2021, and Novavax (NVAX) has approached the lowest level since May 2020.MRNA announced Thursday that Juan Andres, its Chief Technical Operations and Quality Officer, will take up a new role as President, Strategic Partnerships and Enterprise Expansion, effective Jan. 01.“In his new role, Mr. Andres will focus on building out the Company’s organization to support its growing pipeline,” MRNA added.Dr. Jerh Collins, who headed Head of Global Chemical Operations at Novartis (NVS), will succeed Mr. Andres.","news_type":1},"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938188349,"gmtCreate":1662588130681,"gmtModify":1676537091649,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938188349","repostId":"1124659863","repostType":4,"repost":{"id":"1124659863","kind":"news","pubTimestamp":1662573944,"share":"https://ttm.financial/m/news/1124659863?lang=&edition=fundamental","pubTime":"2022-09-08 02:05","market":"us","language":"en","title":"U.S. Economy Largely Unchanged As Inflation Takes a Toll, Fed's Beige Book Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1124659863","media":"Seeking Alpha","summary":"U.S. economic activity was unchanged since early July, according to the Federal Reserve's BeigeBookr","content":"<html><head></head><body><p>U.S. economic activity was unchanged since early July, according to the Federal Reserve&#39;s BeigeBookreport released on Wednesday. That compares with the &#34;modest pace&#34; indicated in the central bank&#39;s previous snapshot of the U.S. economy in July.</p><p>Five districts of the 12 that comprise the Federal Reserve system reported &#34;slight to modest growth&#34; and five others reported &#34;slight to modest softening.&#34;</p><p>Inflation is clearly taking a toll. &#34;Most districts reported steady consumer spending as households continued to trade down and to shift spending away from discretionary goods and toward food and other essential items,&#34; the report said.</p><p>Perhaps more telling, the &#34;outlook for future economic growth remained generally weak, with contacts noting expectations for further softening of demand over the next six to twelve months.&#34;</p><p>Here are some of the key points:</p><ul><li>Auto sales remained muted, due to limited inventories and elevated price.</li><li>Hospitality and tourism contacts saw &#34;solid leisure travel activity&#34; and some &#34;uptick in business and group travel.&#34;</li><li>In real estate markets, home sales in all 12 districts fell and residential construction remained constrained by input shortages. Demand for office space softened.</li><li>Labor markets remained tight for the six weeks from the previous report, but almost all districts saw some improvement in labor availability, especially in manufacturing, construction, and financial services.</li><li>Prices remained elevated, but nine districts reported some degree of moderation in the rate of increase. Substantial increases were reported across all districts, particularly with food, rent, utilities, and hospitality. Lower fuel prices helped ease cost pressures and several districts saw some tapering in prices for steel, lumber, and copper. Most contacts expected price pressure to remain for the rest of the year.</li></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>U.S. Economy Largely Unchanged As Inflation Takes a Toll, Fed's Beige Book Says</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. Economy Largely Unchanged As Inflation Takes a Toll, Fed's Beige Book Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-08 02:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3880945-us-economy-largely-unchanged-as-inflation-takes-a-toll-feds-beige-book-says><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. economic activity was unchanged since early July, according to the Federal Reserve's BeigeBookreport released on Wednesday. That compares with the \"modest pace\" indicated in the central bank's ...</p>\n\n<a href=\"https://seekingalpha.com/news/3880945-us-economy-largely-unchanged-as-inflation-takes-a-toll-feds-beige-book-says\">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/3880945-us-economy-largely-unchanged-as-inflation-takes-a-toll-feds-beige-book-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124659863","content_text":"U.S. economic activity was unchanged since early July, according to the Federal Reserve's BeigeBookreport released on Wednesday. That compares with the \"modest pace\" indicated in the central bank's previous snapshot of the U.S. economy in July.Five districts of the 12 that comprise the Federal Reserve system reported \"slight to modest growth\" and five others reported \"slight to modest softening.\"Inflation is clearly taking a toll. \"Most districts reported steady consumer spending as households continued to trade down and to shift spending away from discretionary goods and toward food and other essential items,\" the report said.Perhaps more telling, the \"outlook for future economic growth remained generally weak, with contacts noting expectations for further softening of demand over the next six to twelve months.\"Here are some of the key points:Auto sales remained muted, due to limited inventories and elevated price.Hospitality and tourism contacts saw \"solid leisure travel activity\" and some \"uptick in business and group travel.\"In real estate markets, home sales in all 12 districts fell and residential construction remained constrained by input shortages. Demand for office space softened.Labor markets remained tight for the six weeks from the previous report, but almost all districts saw some improvement in labor availability, especially in manufacturing, construction, and financial services.Prices remained elevated, but nine districts reported some degree of moderation in the rate of increase. Substantial increases were reported across all districts, particularly with food, rent, utilities, and hospitality. Lower fuel prices helped ease cost pressures and several districts saw some tapering in prices for steel, lumber, and copper. Most contacts expected price pressure to remain for the rest of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938181704,"gmtCreate":1662588109508,"gmtModify":1676537091642,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938181704","repostId":"1124659863","repostType":4,"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938181148,"gmtCreate":1662587991184,"gmtModify":1676537091625,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9938181148","repostId":"1177364290","repostType":4,"repost":{"id":"1177364290","kind":"news","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":1662576473,"share":"https://ttm.financial/m/news/1177364290?lang=&edition=fundamental","pubTime":"2022-09-08 02:47","market":"us","language":"en","title":"U.S. Stocks Extended Their Gains After Apple's Big Fall iPhone Event;  Nasdaq Surged Over 2% While S&P 500 and Dow Jones Rose Over 1%","url":"https://stock-news.laohu8.com/highlight/detail?id=1177364290","media":"Tiger Newspress","summary":"U.S. stocks extended their gains after Apple's big fall iPhone event. Nasdaq surged over 2%, S&P 500 jumped 1.77% and Dow Jones rose 1.46%.","content":"<html><head></head><body><p>U.S. stocks extended their gains after Apple&#39;s big fall iPhone event. Nasdaq surged over 2%, S&amp;P 500 jumped 1.77% and Dow Jones rose 1.46%.<img src=\"https://static.tigerbbs.com/5b7a8d38c83289ea4115002558c9056d\" tg-width=\"626\" tg-height=\"118\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks Extended Their Gains After Apple's Big Fall iPhone Event;  Nasdaq Surged Over 2% While S&P 500 and Dow Jones Rose Over 1%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Extended Their Gains After Apple's Big Fall iPhone Event;  Nasdaq Surged Over 2% While S&P 500 and Dow Jones Rose Over 1%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-08 02:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks extended their gains after Apple&#39;s big fall iPhone event. Nasdaq surged over 2%, S&amp;P 500 jumped 1.77% and Dow Jones rose 1.46%.<img src=\"https://static.tigerbbs.com/5b7a8d38c83289ea4115002558c9056d\" tg-width=\"626\" tg-height=\"118\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177364290","content_text":"U.S. stocks extended their gains after Apple's big fall iPhone event. Nasdaq surged over 2%, S&P 500 jumped 1.77% and Dow Jones rose 1.46%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938181367,"gmtCreate":1662587974359,"gmtModify":1676537091618,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938181367","repostId":"1114442415","repostType":4,"repost":{"id":"1114442415","kind":"news","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":1662564094,"share":"https://ttm.financial/m/news/1114442415?lang=&edition=fundamental","pubTime":"2022-09-07 23:21","market":"us","language":"en","title":"U.S. Stocks Took off in Morning Trading; Dow Jones, Nasdaq and S&P 500 Jumped Over 0.8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1114442415","media":"Tiger Newspress","summary":"U.S. stocks took off in morning trading; Dow Jones, Nasdaq and S&P 500 jumped over 0.8%.","content":"<html><head></head><body><p>U.S. stocks took off in morning trading; Dow Jones, Nasdaq and S&amp;P 500 jumped over 0.8%.<img src=\"https://static.tigerbbs.com/b2396906b5462a25f74f10cf0149e05f\" tg-width=\"623\" tg-height=\"114\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks Took off in Morning Trading; Dow Jones, Nasdaq and S&P 500 Jumped Over 0.8%</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 Took off in Morning Trading; Dow Jones, Nasdaq and S&P 500 Jumped Over 0.8%\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\">2022-09-07 23:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks took off in morning trading; Dow Jones, Nasdaq and S&amp;P 500 jumped over 0.8%.<img src=\"https://static.tigerbbs.com/b2396906b5462a25f74f10cf0149e05f\" tg-width=\"623\" tg-height=\"114\" width=\"100%\" height=\"auto\"/></p></body></html>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114442415","content_text":"U.S. stocks took off in morning trading; Dow Jones, Nasdaq and S&P 500 jumped over 0.8%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938183522,"gmtCreate":1662587897866,"gmtModify":1676537091602,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938183522","repostId":"1162808848","repostType":4,"repost":{"id":"1162808848","kind":"news","pubTimestamp":1662564152,"share":"https://ttm.financial/m/news/1162808848?lang=&edition=fundamental","pubTime":"2022-09-07 23:22","market":"us","language":"en","title":"Play Defense With The Vanguard S&P 500 Value ETF","url":"https://stock-news.laohu8.com/highlight/detail?id=1162808848","media":"Seeking Alpha","summary":"SummaryIt's now clear that the July/August rise in equity markets was a bear-market rally that quick","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>It&#39;s now clear that the July/August rise in equity markets was a bear-market rally that quickly fizzled out.</li><li>There are just too many headwinds to get overly bullish here: high inflation, rising interest rates, Putin&#39;s war on Ukraine that has broken global energy &amp; food supply chains, etc.</li><li>That being the case, investors who haven&#39;t already positioned their portfolio in a more defensive posture should consider the &#34;value&#34; sector of the market.</li><li>The Vanguard S&amp;P 500 Value ETF has a portfolio that is trading at a significant discount to the S&amp;P 500 and has outperformed the S&amp;P 500 by 6% over the past year.</li></ul><p>We all now know the stock market&#39;s quick jump upward from mid-June to mid-August was simply a bear-market rally that quickly fizzled out and has already given back almost all the gains. And, as mentioned in the bullets above, the macro-environment appears to just keep getting worse, with Putin now weaponizing energy supplies to the EU and China&#39;s continuing covid-19 lockdowns. As a result, it&#39;s very hard to get bullish on the markets despite the 13.7% pullback in theS&amp;P 500 so far this year. As a result, investors that are over-weight growth and/or the broad market averages should consider allocating some capital to the <b>Vanguard S&amp;P 500 Value ETF</b>(NYSEARCA:VOOV). VOOV is a relatively cost-efficient fund (0.10% fee), yields 2.1%, and has an attractive 10.8% average annual total return over the past 10-years.</p><p><b>Investment Thesis</b></p><p>The Value sector has significantly outperformed most others during the 2022 bear-market:</p><p><img src=\"https://static.tigerbbs.com/23aad53d1e08bff73a0ee04eb04c4879\" tg-width=\"615\" tg-height=\"284\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha Homepage</p><p>As shown in the graphic above, the Value Sector has outperformed all other sectors with the exception of the high dividend yield segment. While still down 7.45% over the past year - as measured by the <b>iShares Core S&amp;P U.S. Value ETF</b>(IUSV) - that is still 6% better than the S&amp;P 500.</p><p>The fact is, in times of turbulent, volatile, and weak equity markets, the value sector can add ballast to a portfolio in the same way that the <b>consumer staples</b>(XLP) or <b>utilities</b>(XLU) sectors can (those two are up 0.3% and 9.1% over the past year, respectively).</p><p>So, today let&#39;s take a closer look at the Vanguard S&amp;P 500 Value ETF to see how it has positioned investors for success going forward.</p><p><b>Top-10 Holdings</b></p><p>The top-10 holdings in the Vanguard S&amp;P 500 Value ETFare shown below and equate to only 18.4% of the entire portfolio and is therefore what I consider to be a very well diversified fund:</p><p><img src=\"https://static.tigerbbs.com/668386196af182720e4e27043ac0c821\" tg-width=\"459\" tg-height=\"489\" referrerpolicy=\"no-referrer\"/></p><p>Vanguard</p><p>The #1 holding is <b>Berkshire Hathaway Class B</b>(BRK.B) with a 3.1% weight. Berkshire is a conservative and well-diversified company whose largest current holding is <b>Apple</b>(AAPL) with a 40.8% weight (a $122.3 billion position). The top-5 holdings in Berkshire are shown below and the entire BRK portfolio can be found here, and is generally defensive in nature.</p><p><img src=\"https://static.tigerbbs.com/ca7eaa7f4d3521485451c2e6b2caeb0c\" tg-width=\"564\" tg-height=\"310\" referrerpolicy=\"no-referrer\"/></p><p>hedgefollow.com</p><p>Berkshire Hathaway currently has$146.7 billion in cash and short-term investments and is therefore ideally positioned to play offense once the markets turnaround (or tanks).</p><p>In aggregate, typically defensive healthcare stocks like <b>Johnson &amp; Johnson</b>(JNJ), <b>UnitedHealth Group</b>(UNH), and <b>Merck</b>(MRK) equate to 5.6% of the VOOV portfolio. These three stocks yield 2.78%, 1.28%, and 3.2%, respectively. The following chart shows these three stocks&#39; performance versus the S&amp;P 500 over the past year:</p><p><img src=\"https://static.tigerbbs.com/ac5aa9fb56240b0eddbc47dc964767ce\" tg-width=\"1280\" tg-height=\"877\" referrerpolicy=\"no-referrer\"/>JNJdata by YCharts</p><p>As can be seen, all three have significantly outperformed the S&amp;P 500, with UNH being the star performer: +22.5%.</p><p>The #3 and #5 holdings are integrated international major energy companies <b>Exxon</b>(XOM) and <b>Chevron</b>(CVX), with a combined weight of 3.2%. Exxon and Chevron both had monster Q2 earnings reports and generated free-cash-flow of $16.9 billion and $10.6 billion, respectively. Both these companies have global production portfolios that are ideally positioned to benefit from strong oil, natural gas, and LNG pricing.</p><p>Exxon shareholders have arguably benefited from the fact that activist hedge-fund Engine #1 won three seats on Exxon board-of-directors and has, as a result, totally changed Exxon&#39;s structure and strategy going forward. Exxon currently yields 3.68% after raising the quarterly dividend by only a penny last year, while Chevron yields 3.60% after a 6% dividend increase ($0.08/share). Both companies are using the current up-cycle to put in place significant share buyback plans (Exxon&#39;s is $30 billion by the end of 2023, Chevron&#39;s is $15 billion per year).</p><p><b>Verizon</b>(VZ) rounds out the top-10 holdings with a 1.1% weight. The good news here is that VZ yields 6.2%. The bad news is that <b>T-Mobile</b>(TMUS) is eating Verizon&#39;s lunch with a newer and arguably better performing network:</p><p><img src=\"https://static.tigerbbs.com/79f26e57bca7fb4f47b2eec073813dc9\" tg-width=\"1280\" tg-height=\"826\" referrerpolicy=\"no-referrer\"/>VZdata by YCharts</p><p>From an overall portfolio perspective, the largest allocation of capital are to the HealthCare (16.9%), Financials (14.6%), and Industrials (12.3%) sectors. Financials, in particular, typically do well in a rising rate environment because they can profit of the interest rate spread (i.e. the difference between the rate they can borrow at versus the higher rate they can lend at).</p><p><b>Performance</b></p><p>VOOV&#39;s long-term performance versus the S&amp;P 500 is shown below:</p><p><img src=\"https://static.tigerbbs.com/402388e3e886bf4ddbe7428c7d9c5f97\" tg-width=\"475\" tg-height=\"221\" referrerpolicy=\"no-referrer\"/></p><p>Vanguard</p><p>Source: Vanguard Fund Comparison Tool</p><p>VOOV&#39;s long-term 10.54% average annual return is quite attractive in a weak market considering its lower risk profile (see below in &#34;Risks&#34; section). However, the long-term returns of the <b>Vanguard S&amp;P 500 ETF</b>(VOO) are 2.3% higher and, for that reason alone, I advise investors to always own a significantly higher allocation to the VOO fund as compared to a value oriented fund like VOOV.</p><p>The graphic below compares the VOOV to some direct competitors: the <b>Vanguard Value ETF</b>(VTV), the <b>iShares Russell 1000 Value ETF</b>(IWD), and the <b>iShares Core S&amp;P Value ETF</b> over the past year:</p><p><img src=\"https://static.tigerbbs.com/90a466dfcd7514e0687d3c20e5ca0982\" tg-width=\"1280\" tg-height=\"877\" referrerpolicy=\"no-referrer\"/>VOOVdata by YCharts</p><p>Clearly the VTV ETF is the star of the show in that it is down the least amount. The VTV ETF has a significantly lower expense fee (0.04%) than does the VOOV ETF, a very similar portfolio, and a better 10-year performance track record (11.73%).</p><p><b>Risks</b></p><p>Obviously the VOOV fund is not immune to the negative headwinds from the macro-investment environment discussed earlier - after all, the ETF is still down 6.7% YTD. However, in a challenging market where rising interest rates threaten valuation levels, note that the VOOV ETF&#39;s portfolio trades at a significant discount to the overall S&amp;P 500:</p><p><img src=\"https://static.tigerbbs.com/856d4a543454bb3b4b155948be92bcc1\" tg-width=\"474\" tg-height=\"413\" referrerpolicy=\"no-referrer\"/></p><p>Vanguard</p><p>Clearly, VOOV&#39;s P/E and price-to-book ratios are significantly lower as compared to the broadS&amp;P 500 as measured by the <b>VanguardS&amp;P 500 ETF</b>. However, also note how - as expected - VOOV&#39;s ROE and EPS growth rates are also significantly lower as compared to the VOO ETF. And this is the trade-off investors make when investing in value versus the overall market and/or growth stocks.</p><p><b>Summary &amp; Conclusion</b></p><p>The VanguardS&amp;P 500 Value ETF is a sleep-well-at-night (&#34;SWAN&#34;) fund that can add ballast to a portfolio in times of weak market performance. However, as shown above, the Vanguard VTV Value ETF appears to be a superior choice with lower fees, better performance, and a similarly defensive portfolio. While VOOV is an attractive ETF (I rate it a HOLD) at the present time, the VTV ETF is the BUY.</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>Play Defense With The Vanguard S&P 500 Value ETF</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\">\nPlay Defense With The Vanguard S&P 500 Value ETF\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4539295-vanguard-s-and-p500-value-etf-play-defense?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIt's now clear that the July/August rise in equity markets was a bear-market rally that quickly fizzled out.There are just too many headwinds to get overly bullish here: high inflation, rising ...</p>\n\n<a href=\"https://seekingalpha.com/article/4539295-vanguard-s-and-p500-value-etf-play-defense?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VOOV":"Vanguard S&P 500 Value ETF","SPY":"标普500ETF","VTV":"Vanguard Value ETF"},"source_url":"https://seekingalpha.com/article/4539295-vanguard-s-and-p500-value-etf-play-defense?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162808848","content_text":"SummaryIt's now clear that the July/August rise in equity markets was a bear-market rally that quickly fizzled out.There are just too many headwinds to get overly bullish here: high inflation, rising interest rates, Putin's war on Ukraine that has broken global energy & food supply chains, etc.That being the case, investors who haven't already positioned their portfolio in a more defensive posture should consider the \"value\" sector of the market.The Vanguard S&P 500 Value ETF has a portfolio that is trading at a significant discount to the S&P 500 and has outperformed the S&P 500 by 6% over the past year.We all now know the stock market's quick jump upward from mid-June to mid-August was simply a bear-market rally that quickly fizzled out and has already given back almost all the gains. And, as mentioned in the bullets above, the macro-environment appears to just keep getting worse, with Putin now weaponizing energy supplies to the EU and China's continuing covid-19 lockdowns. As a result, it's very hard to get bullish on the markets despite the 13.7% pullback in theS&P 500 so far this year. As a result, investors that are over-weight growth and/or the broad market averages should consider allocating some capital to the Vanguard S&P 500 Value ETF(NYSEARCA:VOOV). VOOV is a relatively cost-efficient fund (0.10% fee), yields 2.1%, and has an attractive 10.8% average annual total return over the past 10-years.Investment ThesisThe Value sector has significantly outperformed most others during the 2022 bear-market:Seeking Alpha HomepageAs shown in the graphic above, the Value Sector has outperformed all other sectors with the exception of the high dividend yield segment. While still down 7.45% over the past year - as measured by the iShares Core S&P U.S. Value ETF(IUSV) - that is still 6% better than the S&P 500.The fact is, in times of turbulent, volatile, and weak equity markets, the value sector can add ballast to a portfolio in the same way that the consumer staples(XLP) or utilities(XLU) sectors can (those two are up 0.3% and 9.1% over the past year, respectively).So, today let's take a closer look at the Vanguard S&P 500 Value ETF to see how it has positioned investors for success going forward.Top-10 HoldingsThe top-10 holdings in the Vanguard S&P 500 Value ETFare shown below and equate to only 18.4% of the entire portfolio and is therefore what I consider to be a very well diversified fund:VanguardThe #1 holding is Berkshire Hathaway Class B(BRK.B) with a 3.1% weight. Berkshire is a conservative and well-diversified company whose largest current holding is Apple(AAPL) with a 40.8% weight (a $122.3 billion position). The top-5 holdings in Berkshire are shown below and the entire BRK portfolio can be found here, and is generally defensive in nature.hedgefollow.comBerkshire Hathaway currently has$146.7 billion in cash and short-term investments and is therefore ideally positioned to play offense once the markets turnaround (or tanks).In aggregate, typically defensive healthcare stocks like Johnson & Johnson(JNJ), UnitedHealth Group(UNH), and Merck(MRK) equate to 5.6% of the VOOV portfolio. These three stocks yield 2.78%, 1.28%, and 3.2%, respectively. The following chart shows these three stocks' performance versus the S&P 500 over the past year:JNJdata by YChartsAs can be seen, all three have significantly outperformed the S&P 500, with UNH being the star performer: +22.5%.The #3 and #5 holdings are integrated international major energy companies Exxon(XOM) and Chevron(CVX), with a combined weight of 3.2%. Exxon and Chevron both had monster Q2 earnings reports and generated free-cash-flow of $16.9 billion and $10.6 billion, respectively. Both these companies have global production portfolios that are ideally positioned to benefit from strong oil, natural gas, and LNG pricing.Exxon shareholders have arguably benefited from the fact that activist hedge-fund Engine #1 won three seats on Exxon board-of-directors and has, as a result, totally changed Exxon's structure and strategy going forward. Exxon currently yields 3.68% after raising the quarterly dividend by only a penny last year, while Chevron yields 3.60% after a 6% dividend increase ($0.08/share). Both companies are using the current up-cycle to put in place significant share buyback plans (Exxon's is $30 billion by the end of 2023, Chevron's is $15 billion per year).Verizon(VZ) rounds out the top-10 holdings with a 1.1% weight. The good news here is that VZ yields 6.2%. The bad news is that T-Mobile(TMUS) is eating Verizon's lunch with a newer and arguably better performing network:VZdata by YChartsFrom an overall portfolio perspective, the largest allocation of capital are to the HealthCare (16.9%), Financials (14.6%), and Industrials (12.3%) sectors. Financials, in particular, typically do well in a rising rate environment because they can profit of the interest rate spread (i.e. the difference between the rate they can borrow at versus the higher rate they can lend at).PerformanceVOOV's long-term performance versus the S&P 500 is shown below:VanguardSource: Vanguard Fund Comparison ToolVOOV's long-term 10.54% average annual return is quite attractive in a weak market considering its lower risk profile (see below in \"Risks\" section). However, the long-term returns of the Vanguard S&P 500 ETF(VOO) are 2.3% higher and, for that reason alone, I advise investors to always own a significantly higher allocation to the VOO fund as compared to a value oriented fund like VOOV.The graphic below compares the VOOV to some direct competitors: the Vanguard Value ETF(VTV), the iShares Russell 1000 Value ETF(IWD), and the iShares Core S&P Value ETF over the past year:VOOVdata by YChartsClearly the VTV ETF is the star of the show in that it is down the least amount. The VTV ETF has a significantly lower expense fee (0.04%) than does the VOOV ETF, a very similar portfolio, and a better 10-year performance track record (11.73%).RisksObviously the VOOV fund is not immune to the negative headwinds from the macro-investment environment discussed earlier - after all, the ETF is still down 6.7% YTD. However, in a challenging market where rising interest rates threaten valuation levels, note that the VOOV ETF's portfolio trades at a significant discount to the overall S&P 500:VanguardClearly, VOOV's P/E and price-to-book ratios are significantly lower as compared to the broadS&P 500 as measured by the VanguardS&P 500 ETF. However, also note how - as expected - VOOV's ROE and EPS growth rates are also significantly lower as compared to the VOO ETF. And this is the trade-off investors make when investing in value versus the overall market and/or growth stocks.Summary & ConclusionThe VanguardS&P 500 Value ETF is a sleep-well-at-night (\"SWAN\") fund that can add ballast to a portfolio in times of weak market performance. However, as shown above, the Vanguard VTV Value ETF appears to be a superior choice with lower fees, better performance, and a similarly defensive portfolio. While VOOV is an attractive ETF (I rate it a HOLD) at the present time, the VTV ETF is the BUY.","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938117918,"gmtCreate":1662587554734,"gmtModify":1676537091506,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938117918","repostId":"1162808848","repostType":4,"repost":{"id":"1162808848","kind":"news","pubTimestamp":1662564152,"share":"https://ttm.financial/m/news/1162808848?lang=&edition=fundamental","pubTime":"2022-09-07 23:22","market":"us","language":"en","title":"Play Defense With The Vanguard S&P 500 Value ETF","url":"https://stock-news.laohu8.com/highlight/detail?id=1162808848","media":"Seeking Alpha","summary":"SummaryIt's now clear that the July/August rise in equity markets was a bear-market rally that quick","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>It&#39;s now clear that the July/August rise in equity markets was a bear-market rally that quickly fizzled out.</li><li>There are just too many headwinds to get overly bullish here: high inflation, rising interest rates, Putin&#39;s war on Ukraine that has broken global energy &amp; food supply chains, etc.</li><li>That being the case, investors who haven&#39;t already positioned their portfolio in a more defensive posture should consider the &#34;value&#34; sector of the market.</li><li>The Vanguard S&amp;P 500 Value ETF has a portfolio that is trading at a significant discount to the S&amp;P 500 and has outperformed the S&amp;P 500 by 6% over the past year.</li></ul><p>We all now know the stock market&#39;s quick jump upward from mid-June to mid-August was simply a bear-market rally that quickly fizzled out and has already given back almost all the gains. And, as mentioned in the bullets above, the macro-environment appears to just keep getting worse, with Putin now weaponizing energy supplies to the EU and China&#39;s continuing covid-19 lockdowns. As a result, it&#39;s very hard to get bullish on the markets despite the 13.7% pullback in theS&amp;P 500 so far this year. As a result, investors that are over-weight growth and/or the broad market averages should consider allocating some capital to the <b>Vanguard S&amp;P 500 Value ETF</b>(NYSEARCA:VOOV). VOOV is a relatively cost-efficient fund (0.10% fee), yields 2.1%, and has an attractive 10.8% average annual total return over the past 10-years.</p><p><b>Investment Thesis</b></p><p>The Value sector has significantly outperformed most others during the 2022 bear-market:</p><p><img src=\"https://static.tigerbbs.com/23aad53d1e08bff73a0ee04eb04c4879\" tg-width=\"615\" tg-height=\"284\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha Homepage</p><p>As shown in the graphic above, the Value Sector has outperformed all other sectors with the exception of the high dividend yield segment. While still down 7.45% over the past year - as measured by the <b>iShares Core S&amp;P U.S. Value ETF</b>(IUSV) - that is still 6% better than the S&amp;P 500.</p><p>The fact is, in times of turbulent, volatile, and weak equity markets, the value sector can add ballast to a portfolio in the same way that the <b>consumer staples</b>(XLP) or <b>utilities</b>(XLU) sectors can (those two are up 0.3% and 9.1% over the past year, respectively).</p><p>So, today let&#39;s take a closer look at the Vanguard S&amp;P 500 Value ETF to see how it has positioned investors for success going forward.</p><p><b>Top-10 Holdings</b></p><p>The top-10 holdings in the Vanguard S&amp;P 500 Value ETFare shown below and equate to only 18.4% of the entire portfolio and is therefore what I consider to be a very well diversified fund:</p><p><img src=\"https://static.tigerbbs.com/668386196af182720e4e27043ac0c821\" tg-width=\"459\" tg-height=\"489\" referrerpolicy=\"no-referrer\"/></p><p>Vanguard</p><p>The #1 holding is <b>Berkshire Hathaway Class B</b>(BRK.B) with a 3.1% weight. Berkshire is a conservative and well-diversified company whose largest current holding is <b>Apple</b>(AAPL) with a 40.8% weight (a $122.3 billion position). The top-5 holdings in Berkshire are shown below and the entire BRK portfolio can be found here, and is generally defensive in nature.</p><p><img src=\"https://static.tigerbbs.com/ca7eaa7f4d3521485451c2e6b2caeb0c\" tg-width=\"564\" tg-height=\"310\" referrerpolicy=\"no-referrer\"/></p><p>hedgefollow.com</p><p>Berkshire Hathaway currently has$146.7 billion in cash and short-term investments and is therefore ideally positioned to play offense once the markets turnaround (or tanks).</p><p>In aggregate, typically defensive healthcare stocks like <b>Johnson &amp; Johnson</b>(JNJ), <b>UnitedHealth Group</b>(UNH), and <b>Merck</b>(MRK) equate to 5.6% of the VOOV portfolio. These three stocks yield 2.78%, 1.28%, and 3.2%, respectively. The following chart shows these three stocks&#39; performance versus the S&amp;P 500 over the past year:</p><p><img src=\"https://static.tigerbbs.com/ac5aa9fb56240b0eddbc47dc964767ce\" tg-width=\"1280\" tg-height=\"877\" referrerpolicy=\"no-referrer\"/>JNJdata by YCharts</p><p>As can be seen, all three have significantly outperformed the S&amp;P 500, with UNH being the star performer: +22.5%.</p><p>The #3 and #5 holdings are integrated international major energy companies <b>Exxon</b>(XOM) and <b>Chevron</b>(CVX), with a combined weight of 3.2%. Exxon and Chevron both had monster Q2 earnings reports and generated free-cash-flow of $16.9 billion and $10.6 billion, respectively. Both these companies have global production portfolios that are ideally positioned to benefit from strong oil, natural gas, and LNG pricing.</p><p>Exxon shareholders have arguably benefited from the fact that activist hedge-fund Engine #1 won three seats on Exxon board-of-directors and has, as a result, totally changed Exxon&#39;s structure and strategy going forward. Exxon currently yields 3.68% after raising the quarterly dividend by only a penny last year, while Chevron yields 3.60% after a 6% dividend increase ($0.08/share). Both companies are using the current up-cycle to put in place significant share buyback plans (Exxon&#39;s is $30 billion by the end of 2023, Chevron&#39;s is $15 billion per year).</p><p><b>Verizon</b>(VZ) rounds out the top-10 holdings with a 1.1% weight. The good news here is that VZ yields 6.2%. The bad news is that <b>T-Mobile</b>(TMUS) is eating Verizon&#39;s lunch with a newer and arguably better performing network:</p><p><img src=\"https://static.tigerbbs.com/79f26e57bca7fb4f47b2eec073813dc9\" tg-width=\"1280\" tg-height=\"826\" referrerpolicy=\"no-referrer\"/>VZdata by YCharts</p><p>From an overall portfolio perspective, the largest allocation of capital are to the HealthCare (16.9%), Financials (14.6%), and Industrials (12.3%) sectors. Financials, in particular, typically do well in a rising rate environment because they can profit of the interest rate spread (i.e. the difference between the rate they can borrow at versus the higher rate they can lend at).</p><p><b>Performance</b></p><p>VOOV&#39;s long-term performance versus the S&amp;P 500 is shown below:</p><p><img src=\"https://static.tigerbbs.com/402388e3e886bf4ddbe7428c7d9c5f97\" tg-width=\"475\" tg-height=\"221\" referrerpolicy=\"no-referrer\"/></p><p>Vanguard</p><p>Source: Vanguard Fund Comparison Tool</p><p>VOOV&#39;s long-term 10.54% average annual return is quite attractive in a weak market considering its lower risk profile (see below in &#34;Risks&#34; section). However, the long-term returns of the <b>Vanguard S&amp;P 500 ETF</b>(VOO) are 2.3% higher and, for that reason alone, I advise investors to always own a significantly higher allocation to the VOO fund as compared to a value oriented fund like VOOV.</p><p>The graphic below compares the VOOV to some direct competitors: the <b>Vanguard Value ETF</b>(VTV), the <b>iShares Russell 1000 Value ETF</b>(IWD), and the <b>iShares Core S&amp;P Value ETF</b> over the past year:</p><p><img src=\"https://static.tigerbbs.com/90a466dfcd7514e0687d3c20e5ca0982\" tg-width=\"1280\" tg-height=\"877\" referrerpolicy=\"no-referrer\"/>VOOVdata by YCharts</p><p>Clearly the VTV ETF is the star of the show in that it is down the least amount. The VTV ETF has a significantly lower expense fee (0.04%) than does the VOOV ETF, a very similar portfolio, and a better 10-year performance track record (11.73%).</p><p><b>Risks</b></p><p>Obviously the VOOV fund is not immune to the negative headwinds from the macro-investment environment discussed earlier - after all, the ETF is still down 6.7% YTD. However, in a challenging market where rising interest rates threaten valuation levels, note that the VOOV ETF&#39;s portfolio trades at a significant discount to the overall S&amp;P 500:</p><p><img src=\"https://static.tigerbbs.com/856d4a543454bb3b4b155948be92bcc1\" tg-width=\"474\" tg-height=\"413\" referrerpolicy=\"no-referrer\"/></p><p>Vanguard</p><p>Clearly, VOOV&#39;s P/E and price-to-book ratios are significantly lower as compared to the broadS&amp;P 500 as measured by the <b>VanguardS&amp;P 500 ETF</b>. However, also note how - as expected - VOOV&#39;s ROE and EPS growth rates are also significantly lower as compared to the VOO ETF. And this is the trade-off investors make when investing in value versus the overall market and/or growth stocks.</p><p><b>Summary &amp; Conclusion</b></p><p>The VanguardS&amp;P 500 Value ETF is a sleep-well-at-night (&#34;SWAN&#34;) fund that can add ballast to a portfolio in times of weak market performance. However, as shown above, the Vanguard VTV Value ETF appears to be a superior choice with lower fees, better performance, and a similarly defensive portfolio. While VOOV is an attractive ETF (I rate it a HOLD) at the present time, the VTV ETF is the BUY.</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>Play Defense With The Vanguard S&P 500 Value ETF</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\">\nPlay Defense With The Vanguard S&P 500 Value ETF\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4539295-vanguard-s-and-p500-value-etf-play-defense?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIt's now clear that the July/August rise in equity markets was a bear-market rally that quickly fizzled out.There are just too many headwinds to get overly bullish here: high inflation, rising ...</p>\n\n<a href=\"https://seekingalpha.com/article/4539295-vanguard-s-and-p500-value-etf-play-defense?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VOOV":"Vanguard S&P 500 Value ETF","SPY":"标普500ETF","VTV":"Vanguard Value ETF"},"source_url":"https://seekingalpha.com/article/4539295-vanguard-s-and-p500-value-etf-play-defense?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162808848","content_text":"SummaryIt's now clear that the July/August rise in equity markets was a bear-market rally that quickly fizzled out.There are just too many headwinds to get overly bullish here: high inflation, rising interest rates, Putin's war on Ukraine that has broken global energy & food supply chains, etc.That being the case, investors who haven't already positioned their portfolio in a more defensive posture should consider the \"value\" sector of the market.The Vanguard S&P 500 Value ETF has a portfolio that is trading at a significant discount to the S&P 500 and has outperformed the S&P 500 by 6% over the past year.We all now know the stock market's quick jump upward from mid-June to mid-August was simply a bear-market rally that quickly fizzled out and has already given back almost all the gains. And, as mentioned in the bullets above, the macro-environment appears to just keep getting worse, with Putin now weaponizing energy supplies to the EU and China's continuing covid-19 lockdowns. As a result, it's very hard to get bullish on the markets despite the 13.7% pullback in theS&P 500 so far this year. As a result, investors that are over-weight growth and/or the broad market averages should consider allocating some capital to the Vanguard S&P 500 Value ETF(NYSEARCA:VOOV). VOOV is a relatively cost-efficient fund (0.10% fee), yields 2.1%, and has an attractive 10.8% average annual total return over the past 10-years.Investment ThesisThe Value sector has significantly outperformed most others during the 2022 bear-market:Seeking Alpha HomepageAs shown in the graphic above, the Value Sector has outperformed all other sectors with the exception of the high dividend yield segment. While still down 7.45% over the past year - as measured by the iShares Core S&P U.S. Value ETF(IUSV) - that is still 6% better than the S&P 500.The fact is, in times of turbulent, volatile, and weak equity markets, the value sector can add ballast to a portfolio in the same way that the consumer staples(XLP) or utilities(XLU) sectors can (those two are up 0.3% and 9.1% over the past year, respectively).So, today let's take a closer look at the Vanguard S&P 500 Value ETF to see how it has positioned investors for success going forward.Top-10 HoldingsThe top-10 holdings in the Vanguard S&P 500 Value ETFare shown below and equate to only 18.4% of the entire portfolio and is therefore what I consider to be a very well diversified fund:VanguardThe #1 holding is Berkshire Hathaway Class B(BRK.B) with a 3.1% weight. Berkshire is a conservative and well-diversified company whose largest current holding is Apple(AAPL) with a 40.8% weight (a $122.3 billion position). The top-5 holdings in Berkshire are shown below and the entire BRK portfolio can be found here, and is generally defensive in nature.hedgefollow.comBerkshire Hathaway currently has$146.7 billion in cash and short-term investments and is therefore ideally positioned to play offense once the markets turnaround (or tanks).In aggregate, typically defensive healthcare stocks like Johnson & Johnson(JNJ), UnitedHealth Group(UNH), and Merck(MRK) equate to 5.6% of the VOOV portfolio. These three stocks yield 2.78%, 1.28%, and 3.2%, respectively. The following chart shows these three stocks' performance versus the S&P 500 over the past year:JNJdata by YChartsAs can be seen, all three have significantly outperformed the S&P 500, with UNH being the star performer: +22.5%.The #3 and #5 holdings are integrated international major energy companies Exxon(XOM) and Chevron(CVX), with a combined weight of 3.2%. Exxon and Chevron both had monster Q2 earnings reports and generated free-cash-flow of $16.9 billion and $10.6 billion, respectively. Both these companies have global production portfolios that are ideally positioned to benefit from strong oil, natural gas, and LNG pricing.Exxon shareholders have arguably benefited from the fact that activist hedge-fund Engine #1 won three seats on Exxon board-of-directors and has, as a result, totally changed Exxon's structure and strategy going forward. Exxon currently yields 3.68% after raising the quarterly dividend by only a penny last year, while Chevron yields 3.60% after a 6% dividend increase ($0.08/share). Both companies are using the current up-cycle to put in place significant share buyback plans (Exxon's is $30 billion by the end of 2023, Chevron's is $15 billion per year).Verizon(VZ) rounds out the top-10 holdings with a 1.1% weight. The good news here is that VZ yields 6.2%. The bad news is that T-Mobile(TMUS) is eating Verizon's lunch with a newer and arguably better performing network:VZdata by YChartsFrom an overall portfolio perspective, the largest allocation of capital are to the HealthCare (16.9%), Financials (14.6%), and Industrials (12.3%) sectors. Financials, in particular, typically do well in a rising rate environment because they can profit of the interest rate spread (i.e. the difference between the rate they can borrow at versus the higher rate they can lend at).PerformanceVOOV's long-term performance versus the S&P 500 is shown below:VanguardSource: Vanguard Fund Comparison ToolVOOV's long-term 10.54% average annual return is quite attractive in a weak market considering its lower risk profile (see below in \"Risks\" section). However, the long-term returns of the Vanguard S&P 500 ETF(VOO) are 2.3% higher and, for that reason alone, I advise investors to always own a significantly higher allocation to the VOO fund as compared to a value oriented fund like VOOV.The graphic below compares the VOOV to some direct competitors: the Vanguard Value ETF(VTV), the iShares Russell 1000 Value ETF(IWD), and the iShares Core S&P Value ETF over the past year:VOOVdata by YChartsClearly the VTV ETF is the star of the show in that it is down the least amount. The VTV ETF has a significantly lower expense fee (0.04%) than does the VOOV ETF, a very similar portfolio, and a better 10-year performance track record (11.73%).RisksObviously the VOOV fund is not immune to the negative headwinds from the macro-investment environment discussed earlier - after all, the ETF is still down 6.7% YTD. However, in a challenging market where rising interest rates threaten valuation levels, note that the VOOV ETF's portfolio trades at a significant discount to the overall S&P 500:VanguardClearly, VOOV's P/E and price-to-book ratios are significantly lower as compared to the broadS&P 500 as measured by the VanguardS&P 500 ETF. However, also note how - as expected - VOOV's ROE and EPS growth rates are also significantly lower as compared to the VOO ETF. And this is the trade-off investors make when investing in value versus the overall market and/or growth stocks.Summary & ConclusionThe VanguardS&P 500 Value ETF is a sleep-well-at-night (\"SWAN\") fund that can add ballast to a portfolio in times of weak market performance. However, as shown above, the Vanguard VTV Value ETF appears to be a superior choice with lower fees, better performance, and a similarly defensive portfolio. While VOOV is an attractive ETF (I rate it a HOLD) at the present time, the VTV ETF is the BUY.","news_type":1},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938114601,"gmtCreate":1662587518003,"gmtModify":1676537091489,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938114601","repostId":"1150599799","repostType":4,"repost":{"id":"1150599799","kind":"news","pubTimestamp":1662563145,"share":"https://ttm.financial/m/news/1150599799?lang=&edition=fundamental","pubTime":"2022-09-07 23:05","market":"us","language":"en","title":"Apple Cuts Shipment Forecasts for New MacBook Pro up to 30%: Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1150599799","media":"Seeking Alpha","summary":"Apple (NASDAQ:AAPL) has reportedly cut shipment forecasts for its new MacBook Pro laptops up to 30% ","content":"<html><head></head><body><p>Apple (NASDAQ:AAPL) has reportedly cut shipment forecasts for its new MacBook Pro laptops up to 30% before the computer has gone into mass production, a top analyst said on Wednesday.</p><p>TF International Securities analyst Ming-Chi Kuo tweeted that the tech giant cut orders for both the 14-inch and 16-inch versions of the computer, which is expected to be announced later this year. Kuo called the development a &#34;structural risk&#34; to component suppliers.</p><p>&#34;It is infrequent for Apple to cut orders before the peak season/new product mass production, which means that the demand is significantly lower than Apple’s expectations, so MacBook shipments may continue to decline [year-over-year] at least in [first-half of 2023],&#34; Kuo wrote in a blog post.</p><p>Kuo added that the global economic weakness and decline in employees working from home are the &#34;main reasons&#34; for the order cut and the negative effects should last anywhere between six and nine months.</p><p>Apple (AAPL) shares fell less than 0.5% to $153.96 on Wednesday.</p><p>Kuo also pointed out that the new 14-inch and 16-inch MacBook Pros are expected to have new processors, which would be the &#34;main upgrade&#34; from past versions of the computer.</p><p>&#34;The biggest selling point of the MacBook Pro is the Apple processor (adopting high-end ABF substrate) and Mini-LED display, so the significantly lower-than-expected demand for MacBook Pro is a structural risk to the high-end ABF substrate and Mini-LED sectors,&#34; Kuo explained.</p><p>The analyst pointed out that while Apple&#39;s (AAPL) MacBook order cut is smaller than its competitors, it means its high-end products are &#34;not immune&#34; to the economic weakening.</p><p>Cupertino, California-based Apple (AAPL) is set to host a product event today, where it is widely expected to announce new versions of its iPhone, Apple Watch and AirPods.</p><p>On Tuesday, research firm Appsumer reported that Apple (AAPL) has seen a &#34;significant boost&#34;in its advertising business following the release of its App Tracking Transparency initiatives.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Cuts Shipment Forecasts for New MacBook Pro up to 30%: Analyst</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 Cuts Shipment Forecasts for New MacBook Pro up to 30%: Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 23:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3880884-apple-cuts-shipment-forecasts-for-new-macbook-pro-up-to-30-analyst><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) has reportedly cut shipment forecasts for its new MacBook Pro laptops up to 30% before the computer has gone into mass production, a top analyst said on Wednesday.TF International ...</p>\n\n<a href=\"https://seekingalpha.com/news/3880884-apple-cuts-shipment-forecasts-for-new-macbook-pro-up-to-30-analyst\">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://seekingalpha.com/news/3880884-apple-cuts-shipment-forecasts-for-new-macbook-pro-up-to-30-analyst","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150599799","content_text":"Apple (NASDAQ:AAPL) has reportedly cut shipment forecasts for its new MacBook Pro laptops up to 30% before the computer has gone into mass production, a top analyst said on Wednesday.TF International Securities analyst Ming-Chi Kuo tweeted that the tech giant cut orders for both the 14-inch and 16-inch versions of the computer, which is expected to be announced later this year. Kuo called the development a \"structural risk\" to component suppliers.\"It is infrequent for Apple to cut orders before the peak season/new product mass production, which means that the demand is significantly lower than Apple’s expectations, so MacBook shipments may continue to decline [year-over-year] at least in [first-half of 2023],\" Kuo wrote in a blog post.Kuo added that the global economic weakness and decline in employees working from home are the \"main reasons\" for the order cut and the negative effects should last anywhere between six and nine months.Apple (AAPL) shares fell less than 0.5% to $153.96 on Wednesday.Kuo also pointed out that the new 14-inch and 16-inch MacBook Pros are expected to have new processors, which would be the \"main upgrade\" from past versions of the computer.\"The biggest selling point of the MacBook Pro is the Apple processor (adopting high-end ABF substrate) and Mini-LED display, so the significantly lower-than-expected demand for MacBook Pro is a structural risk to the high-end ABF substrate and Mini-LED sectors,\" Kuo explained.The analyst pointed out that while Apple's (AAPL) MacBook order cut is smaller than its competitors, it means its high-end products are \"not immune\" to the economic weakening.Cupertino, California-based Apple (AAPL) is set to host a product event today, where it is widely expected to announce new versions of its iPhone, Apple Watch and AirPods.On Tuesday, research firm Appsumer reported that Apple (AAPL) has seen a \"significant boost\"in its advertising business following the release of its App Tracking Transparency initiatives.","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938114317,"gmtCreate":1662587497439,"gmtModify":1676537091481,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938114317","repostId":"1177571176","repostType":4,"repost":{"id":"1177571176","kind":"news","pubTimestamp":1662559768,"share":"https://ttm.financial/m/news/1177571176?lang=&edition=fundamental","pubTime":"2022-09-07 22:09","market":"us","language":"en","title":"Starbucks' Howard Schultz Praises Incoming CEO As He Preps for Final Exit","url":"https://stock-news.laohu8.com/highlight/detail?id=1177571176","media":"Seeking Alpha","summary":"Starbucks Corporation (NASDAQ:SBUX) CEO Howard Schultz told CNBC on Wednesday morning that he does n","content":"<html><head></head><body><p>Starbucks Corporation (NASDAQ:SBUX) CEO Howard Schultz told CNBC on Wednesday morning that he does not plan to return to the company after serving out his current stint as interim CEO.</p><p>Schultz first served at Starbucks from 1986 to 2000 after he bought the retail unit of the existing chain. He returned to Starbucks again from 2008 to 2017 to lead the company and then again in April of 2022 in his third stint as CEO.</p><p>In turning over the reins again, Schultz said Starbuck (SBUX) has found the right person to lead the coffee chain giant with the hiring of Laxman Naramsimhan, who is currently the CEO of Lysol owner Reckitt.</p><p>Last week, the new CEO at Starbucks was given high marks by analysts.</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>Starbucks' Howard Schultz Praises Incoming CEO As He Preps for Final Exit</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\">\nStarbucks' Howard Schultz Praises Incoming CEO As He Preps for Final Exit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 22:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3880854-starbucks-howard-schultz-praises-incoming-ceo-as-he-preps-for-final-exit><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Starbucks Corporation (NASDAQ:SBUX) CEO Howard Schultz told CNBC on Wednesday morning that he does not plan to return to the company after serving out his current stint as interim CEO.Schultz first ...</p>\n\n<a href=\"https://seekingalpha.com/news/3880854-starbucks-howard-schultz-praises-incoming-ceo-as-he-preps-for-final-exit\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"https://seekingalpha.com/news/3880854-starbucks-howard-schultz-praises-incoming-ceo-as-he-preps-for-final-exit","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177571176","content_text":"Starbucks Corporation (NASDAQ:SBUX) CEO Howard Schultz told CNBC on Wednesday morning that he does not plan to return to the company after serving out his current stint as interim CEO.Schultz first served at Starbucks from 1986 to 2000 after he bought the retail unit of the existing chain. He returned to Starbucks again from 2008 to 2017 to lead the company and then again in April of 2022 in his third stint as CEO.In turning over the reins again, Schultz said Starbuck (SBUX) has found the right person to lead the coffee chain giant with the hiring of Laxman Naramsimhan, who is currently the CEO of Lysol owner Reckitt.Last week, the new CEO at Starbucks was given high marks by analysts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938115574,"gmtCreate":1662587461299,"gmtModify":1676537091465,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938115574","repostId":"1167636448","repostType":4,"repost":{"id":"1167636448","kind":"news","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":1662570556,"share":"https://ttm.financial/m/news/1167636448?lang=&edition=fundamental","pubTime":"2022-09-08 01:09","market":"us","language":"en","title":"Apple Announces iPhone 14 and iPhone 14 Plus, Apple Watch Ultra, New AirPods Pro","url":"https://stock-news.laohu8.com/highlight/detail?id=1167636448","media":"Tiger Newspress","summary":"Applejust wrapped up its big fall iPhone event where it announced new iPhones, AirPods and Apple Watches. Here’s what it announced:iPhone 14 and iPhone 14 PlusiPhone 14 Pro and iPhone 14 Pro MaxSatell","content":"<html><head></head><body><p>Apple just wrapped up its big fall iPhone event where it announced new iPhones, AirPods and Apple Watches. Here’s what it announced:</p><ul><li>iPhone 14 and iPhone 14 Plus</li><li>iPhone 14 Pro and iPhone 14 Pro Max</li><li>Satellite emergency service for iPhones</li><li>Apple Watch Ultra</li><li>New AirPods Pro</li><li>Apple Watch Series 8</li><li>The new Apple Watch SE</li></ul><p>The new iPhones will be available to order on Friday, and Apple didn’t increase the prices as some analysts had expected. The new Apple Watches will be available to order on Wednesday and the new AirPods Pro launch on Sept. 23.</p><p><b>New Apple Watch Series 8, Apple Watch SE and Apple Watch Ultra</b></p><p>The new device will be called the Series 8, Apple COO Jeff Williams said. It’s more durable than previous models and has a new temperature sensor the company will use to help track women’s health including ovulation.</p><p>It will come in four colors in aluminum — black, gold, aluminum, and red — and three colors in stainless steel. It costs at least $399 for an aluminum model and $499 for one with cellular connectivity.</p><p>Apple says that the device is designed to keep data secure and private and that health data will only be shared with explicit permission from the user.</p><p>Apple also added new safety features powered by two motion sensors. The new car crash detection that can detect if you were in a severe car crash and automatically call emergency services.</p><p>A new mode on Apple Watches can extend the Apple Watch battery life from 18 hours to 36 hours by temporarily disabling the always-on display and workout notifications.</p><p>Cook started by airing a video highlighting letters people have written to him about how the wearable has helped them get help in emergency situations.</p><p>Moreover, Apple has announced a redesigned Apple Watch SE, which is a lower-cost version of its mainline Series 8.</p><p>This year’s model includes:</p><ul><li>A bigger screen</li><li>A new plastic design on the underside of the watch</li><li>Heart rate notifications</li><li>Fall detection</li></ul><p>It will retail for either $249 or $299 starting on Sept. 16. Apple is marketing it as a device for children who might not need their own iPhone.</p><p>Also, it announced the Apple Watch Ultra, new high-end watch with a new design, bigger screen, and titanium case. The product is aimed at outdoor athletes.</p><p>It will cost at least $799 and will hit store shelves on Sept. 23. Preorders are available on Wednesday.</p><p>It comes with a new watch face with more information, including a compass. It also has a new orange “action” button for quick use while working out or wearing gloves. It can also show how deep the user is diving under the water while swimming.</p><p>Apple says that the watch can get as many as 60 hours of battery life with a software update this fall.</p><p>“Every detail has been engineered to make the most rugged and capable than ever,” Apple COO Jeff Williams said in a promo video.</p><p><b>AirPods Pro</b></p><p>Apple CEO Tim Cook announced a new model of Apple’s AirPods Pro, which wireless earbuds with noise-cancelling.</p><p>They cost $249 and will go on sale on Sept 23.</p><p>They have better sound quality and clarity, Apple said, due to an Apple H2 chip on the inside, an upgrade from the earlier model’s H1.</p><p>New features include:</p><ul><li>New touch control to adjust volume</li><li>Longer battery life with up to 6 hours listening time</li><li>A smaller extra-small ear tip</li><li>A speaker added to the case</li><li>Can be charged with MagSafe chargers.</li></ul><p>Apple said that the noise cancellation on the new models is twice as good as before.</p><p><b>iPhone 14,</b> <b>14</b> <b>Plus</b> <b>and</b> <b>14</b> <b>Pro</b></p><p>Apple CEO Tim Cook announced the iPhone 14. So far, Apple has announced two new models— an iPhone 14 Plus and an iPhone 14.</p><p>The iPhone 14 Plus replaces the older “iPhone 13 mini” model with a bigger model with a 6.7-inch screen.</p><p>The iPhone 14 will start at $799 and the Plus will cost $899. Preorders start on Sept 9 and the smaller version will go on sale on Sept. 16. The Plus model won’t ship until October, though.</p><p>Apple said that all U.S. iPhone 14 models will no longer use physical SIM cards, replacing them with a digital eSIM that can support multiple phone numbers and is better for security.</p><p>Features of the iPhone 14 include:</p><ul><li>True -tone OLED display</li><li>Five colors including a new light blue</li><li>Improved battery life</li><li>Ceramic screens that are more durable</li><li>Better low-light performance on the front-facing camera</li><li>Action Mode that stabilizes video</li><li>Safety service called Emergency SOS via Satellite that can connect to emergency services even if the user is outside of cellular or wi-fi range. It’s free for iPhone 14 users in the U.S. and Canada and launches in Canada.</li></ul><p>It announced a long-rumored capability to connect its iPhone 14 series to satellites for emergency services during its event on Wednesday.</p><p>The feature is designed to connect an iPhone 14′s antennas directly to a satellite, to send a message in areas unconnected by cell towers.</p><p>Apple’s manager of satellite modeling and simulation Ashley Williams said an algorithm in the phone compresses text messages to a size that will “take less than 15 seconds to send” to a satellite, before its relayed to a ground station and on to an emergency service provider.</p><p>The emergency satellite service launches in November, and is included free for two years with an iPhone 14.</p><p>Satellite communications — which has several existing networks that support specialized, purpose-built phones — is undergoing a new era of investment. Companies including Elon Musk’s SpaceX and AST SpaceMobile have previously announced partnerships with mobile service providers, with a similar goal of providing similar satellite services directly to traditional consumer smartphones.</p><p>Also, Apple CEO Tim Cook announced the iPhone 14 pro, the high-end models for this year.</p><p>The smaller model with a 6.1-inch screen is called the iPhone 14 Pro. The bigger model will be called the iPhone 14 Max.</p><p>The iPhone 14 Pro will start at $999, and the bigger model starts at $1099. That’s the same price as last year’s models. They go up for preorder on Friday and will ship next week.</p><p>These devices have a new front design with a smaller cutout for the front-facing camera which expands the device’s screen. Apple calls the cutout a “dynamic island” and it can essentially display notifications or other system information, such as baseball scores.</p><p>The iPhone 14 Pro has a lot of new features:</p><ul><li>An always-on display which doesn’t turn off when it’s not in use.</li><li>Apple also introduced a new low-power mode to make the battery life last longer.</li><li>It uses Apple’s latest A16 Bionic chip, which Apple says was built on a 4-nanometer process.</li><li>A 48-megapixel camera thanks to a bigger sensor.</li><li>Better low-light photography.</li><li>Redesigned flash.</li></ul><p>It comes in four colors, space black, silver, gold, and deep purple.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Announces iPhone 14 and iPhone 14 Plus, Apple Watch Ultra, New AirPods Pro</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 Announces iPhone 14 and iPhone 14 Plus, Apple Watch Ultra, New AirPods Pro\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\">2022-09-08 01:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Apple just wrapped up its big fall iPhone event where it announced new iPhones, AirPods and Apple Watches. Here’s what it announced:</p><ul><li>iPhone 14 and iPhone 14 Plus</li><li>iPhone 14 Pro and iPhone 14 Pro Max</li><li>Satellite emergency service for iPhones</li><li>Apple Watch Ultra</li><li>New AirPods Pro</li><li>Apple Watch Series 8</li><li>The new Apple Watch SE</li></ul><p>The new iPhones will be available to order on Friday, and Apple didn’t increase the prices as some analysts had expected. The new Apple Watches will be available to order on Wednesday and the new AirPods Pro launch on Sept. 23.</p><p><b>New Apple Watch Series 8, Apple Watch SE and Apple Watch Ultra</b></p><p>The new device will be called the Series 8, Apple COO Jeff Williams said. It’s more durable than previous models and has a new temperature sensor the company will use to help track women’s health including ovulation.</p><p>It will come in four colors in aluminum — black, gold, aluminum, and red — and three colors in stainless steel. It costs at least $399 for an aluminum model and $499 for one with cellular connectivity.</p><p>Apple says that the device is designed to keep data secure and private and that health data will only be shared with explicit permission from the user.</p><p>Apple also added new safety features powered by two motion sensors. The new car crash detection that can detect if you were in a severe car crash and automatically call emergency services.</p><p>A new mode on Apple Watches can extend the Apple Watch battery life from 18 hours to 36 hours by temporarily disabling the always-on display and workout notifications.</p><p>Cook started by airing a video highlighting letters people have written to him about how the wearable has helped them get help in emergency situations.</p><p>Moreover, Apple has announced a redesigned Apple Watch SE, which is a lower-cost version of its mainline Series 8.</p><p>This year’s model includes:</p><ul><li>A bigger screen</li><li>A new plastic design on the underside of the watch</li><li>Heart rate notifications</li><li>Fall detection</li></ul><p>It will retail for either $249 or $299 starting on Sept. 16. Apple is marketing it as a device for children who might not need their own iPhone.</p><p>Also, it announced the Apple Watch Ultra, new high-end watch with a new design, bigger screen, and titanium case. The product is aimed at outdoor athletes.</p><p>It will cost at least $799 and will hit store shelves on Sept. 23. Preorders are available on Wednesday.</p><p>It comes with a new watch face with more information, including a compass. It also has a new orange “action” button for quick use while working out or wearing gloves. It can also show how deep the user is diving under the water while swimming.</p><p>Apple says that the watch can get as many as 60 hours of battery life with a software update this fall.</p><p>“Every detail has been engineered to make the most rugged and capable than ever,” Apple COO Jeff Williams said in a promo video.</p><p><b>AirPods Pro</b></p><p>Apple CEO Tim Cook announced a new model of Apple’s AirPods Pro, which wireless earbuds with noise-cancelling.</p><p>They cost $249 and will go on sale on Sept 23.</p><p>They have better sound quality and clarity, Apple said, due to an Apple H2 chip on the inside, an upgrade from the earlier model’s H1.</p><p>New features include:</p><ul><li>New touch control to adjust volume</li><li>Longer battery life with up to 6 hours listening time</li><li>A smaller extra-small ear tip</li><li>A speaker added to the case</li><li>Can be charged with MagSafe chargers.</li></ul><p>Apple said that the noise cancellation on the new models is twice as good as before.</p><p><b>iPhone 14,</b> <b>14</b> <b>Plus</b> <b>and</b> <b>14</b> <b>Pro</b></p><p>Apple CEO Tim Cook announced the iPhone 14. So far, Apple has announced two new models— an iPhone 14 Plus and an iPhone 14.</p><p>The iPhone 14 Plus replaces the older “iPhone 13 mini” model with a bigger model with a 6.7-inch screen.</p><p>The iPhone 14 will start at $799 and the Plus will cost $899. Preorders start on Sept 9 and the smaller version will go on sale on Sept. 16. The Plus model won’t ship until October, though.</p><p>Apple said that all U.S. iPhone 14 models will no longer use physical SIM cards, replacing them with a digital eSIM that can support multiple phone numbers and is better for security.</p><p>Features of the iPhone 14 include:</p><ul><li>True -tone OLED display</li><li>Five colors including a new light blue</li><li>Improved battery life</li><li>Ceramic screens that are more durable</li><li>Better low-light performance on the front-facing camera</li><li>Action Mode that stabilizes video</li><li>Safety service called Emergency SOS via Satellite that can connect to emergency services even if the user is outside of cellular or wi-fi range. It’s free for iPhone 14 users in the U.S. and Canada and launches in Canada.</li></ul><p>It announced a long-rumored capability to connect its iPhone 14 series to satellites for emergency services during its event on Wednesday.</p><p>The feature is designed to connect an iPhone 14′s antennas directly to a satellite, to send a message in areas unconnected by cell towers.</p><p>Apple’s manager of satellite modeling and simulation Ashley Williams said an algorithm in the phone compresses text messages to a size that will “take less than 15 seconds to send” to a satellite, before its relayed to a ground station and on to an emergency service provider.</p><p>The emergency satellite service launches in November, and is included free for two years with an iPhone 14.</p><p>Satellite communications — which has several existing networks that support specialized, purpose-built phones — is undergoing a new era of investment. Companies including Elon Musk’s SpaceX and AST SpaceMobile have previously announced partnerships with mobile service providers, with a similar goal of providing similar satellite services directly to traditional consumer smartphones.</p><p>Also, Apple CEO Tim Cook announced the iPhone 14 pro, the high-end models for this year.</p><p>The smaller model with a 6.1-inch screen is called the iPhone 14 Pro. The bigger model will be called the iPhone 14 Max.</p><p>The iPhone 14 Pro will start at $999, and the bigger model starts at $1099. That’s the same price as last year’s models. They go up for preorder on Friday and will ship next week.</p><p>These devices have a new front design with a smaller cutout for the front-facing camera which expands the device’s screen. Apple calls the cutout a “dynamic island” and it can essentially display notifications or other system information, such as baseball scores.</p><p>The iPhone 14 Pro has a lot of new features:</p><ul><li>An always-on display which doesn’t turn off when it’s not in use.</li><li>Apple also introduced a new low-power mode to make the battery life last longer.</li><li>It uses Apple’s latest A16 Bionic chip, which Apple says was built on a 4-nanometer process.</li><li>A 48-megapixel camera thanks to a bigger sensor.</li><li>Better low-light photography.</li><li>Redesigned flash.</li></ul><p>It comes in four colors, space black, silver, gold, and deep purple.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167636448","content_text":"Apple just wrapped up its big fall iPhone event where it announced new iPhones, AirPods and Apple Watches. Here’s what it announced:iPhone 14 and iPhone 14 PlusiPhone 14 Pro and iPhone 14 Pro MaxSatellite emergency service for iPhonesApple Watch UltraNew AirPods ProApple Watch Series 8The new Apple Watch SEThe new iPhones will be available to order on Friday, and Apple didn’t increase the prices as some analysts had expected. The new Apple Watches will be available to order on Wednesday and the new AirPods Pro launch on Sept. 23.New Apple Watch Series 8, Apple Watch SE and Apple Watch UltraThe new device will be called the Series 8, Apple COO Jeff Williams said. It’s more durable than previous models and has a new temperature sensor the company will use to help track women’s health including ovulation.It will come in four colors in aluminum — black, gold, aluminum, and red — and three colors in stainless steel. It costs at least $399 for an aluminum model and $499 for one with cellular connectivity.Apple says that the device is designed to keep data secure and private and that health data will only be shared with explicit permission from the user.Apple also added new safety features powered by two motion sensors. The new car crash detection that can detect if you were in a severe car crash and automatically call emergency services.A new mode on Apple Watches can extend the Apple Watch battery life from 18 hours to 36 hours by temporarily disabling the always-on display and workout notifications.Cook started by airing a video highlighting letters people have written to him about how the wearable has helped them get help in emergency situations.Moreover, Apple has announced a redesigned Apple Watch SE, which is a lower-cost version of its mainline Series 8.This year’s model includes:A bigger screenA new plastic design on the underside of the watchHeart rate notificationsFall detectionIt will retail for either $249 or $299 starting on Sept. 16. Apple is marketing it as a device for children who might not need their own iPhone.Also, it announced the Apple Watch Ultra, new high-end watch with a new design, bigger screen, and titanium case. The product is aimed at outdoor athletes.It will cost at least $799 and will hit store shelves on Sept. 23. Preorders are available on Wednesday.It comes with a new watch face with more information, including a compass. It also has a new orange “action” button for quick use while working out or wearing gloves. It can also show how deep the user is diving under the water while swimming.Apple says that the watch can get as many as 60 hours of battery life with a software update this fall.“Every detail has been engineered to make the most rugged and capable than ever,” Apple COO Jeff Williams said in a promo video.AirPods ProApple CEO Tim Cook announced a new model of Apple’s AirPods Pro, which wireless earbuds with noise-cancelling.They cost $249 and will go on sale on Sept 23.They have better sound quality and clarity, Apple said, due to an Apple H2 chip on the inside, an upgrade from the earlier model’s H1.New features include:New touch control to adjust volumeLonger battery life with up to 6 hours listening timeA smaller extra-small ear tipA speaker added to the caseCan be charged with MagSafe chargers.Apple said that the noise cancellation on the new models is twice as good as before.iPhone 14, 14 Plus and 14 ProApple CEO Tim Cook announced the iPhone 14. So far, Apple has announced two new models— an iPhone 14 Plus and an iPhone 14.The iPhone 14 Plus replaces the older “iPhone 13 mini” model with a bigger model with a 6.7-inch screen.The iPhone 14 will start at $799 and the Plus will cost $899. Preorders start on Sept 9 and the smaller version will go on sale on Sept. 16. The Plus model won’t ship until October, though.Apple said that all U.S. iPhone 14 models will no longer use physical SIM cards, replacing them with a digital eSIM that can support multiple phone numbers and is better for security.Features of the iPhone 14 include:True -tone OLED displayFive colors including a new light blueImproved battery lifeCeramic screens that are more durableBetter low-light performance on the front-facing cameraAction Mode that stabilizes videoSafety service called Emergency SOS via Satellite that can connect to emergency services even if the user is outside of cellular or wi-fi range. It’s free for iPhone 14 users in the U.S. and Canada and launches in Canada.It announced a long-rumored capability to connect its iPhone 14 series to satellites for emergency services during its event on Wednesday.The feature is designed to connect an iPhone 14′s antennas directly to a satellite, to send a message in areas unconnected by cell towers.Apple’s manager of satellite modeling and simulation Ashley Williams said an algorithm in the phone compresses text messages to a size that will “take less than 15 seconds to send” to a satellite, before its relayed to a ground station and on to an emergency service provider.The emergency satellite service launches in November, and is included free for two years with an iPhone 14.Satellite communications — which has several existing networks that support specialized, purpose-built phones — is undergoing a new era of investment. Companies including Elon Musk’s SpaceX and AST SpaceMobile have previously announced partnerships with mobile service providers, with a similar goal of providing similar satellite services directly to traditional consumer smartphones.Also, Apple CEO Tim Cook announced the iPhone 14 pro, the high-end models for this year.The smaller model with a 6.1-inch screen is called the iPhone 14 Pro. The bigger model will be called the iPhone 14 Max.The iPhone 14 Pro will start at $999, and the bigger model starts at $1099. That’s the same price as last year’s models. They go up for preorder on Friday and will ship next week.These devices have a new front design with a smaller cutout for the front-facing camera which expands the device’s screen. Apple calls the cutout a “dynamic island” and it can essentially display notifications or other system information, such as baseball scores.The iPhone 14 Pro has a lot of new features:An always-on display which doesn’t turn off when it’s not in use.Apple also introduced a new low-power mode to make the battery life last longer.It uses Apple’s latest A16 Bionic chip, which Apple says was built on a 4-nanometer process.A 48-megapixel camera thanks to a bigger sensor.Better low-light photography.Redesigned flash.It comes in four colors, space black, silver, gold, and deep purple.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997008791,"gmtCreate":1661723808215,"gmtModify":1676536564289,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997008791","repostId":"660800180","repostType":1,"repost":{"id":660800180,"gmtCreate":1661507545743,"gmtModify":1676536778787,"author":{"id":"4109824746466630","authorId":"4109824746466630","name":"特立独行Musk","avatar":"https://static.tigerbbs.com/a8e00bd3c5a6a27434e12b639c0d580a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109824746466630","authorIdStr":"4109824746466630"},"themes":[],"htmlText":"看看打拼中的#馬斯克# ，你還滿足於安逸嗎？打拼創業中的馬斯克一天要工作14-16小時？這意味着你沒有時間閒聊、發微博、吃飯、從一個地方走到另一個地方或做任何其它事，你的世界只有工作……這是什麼概念？他把他的工作計劃性地安排在1個小時內——他的目標總是在每小時開始的時候開始，並盡力在每小時結束的時候完成一些任務。馬斯克曾經常睡在會議室裏，甚至睡在特斯拉生產線上機器下面的地板上……很多舊辦公區也曾是他的“陣地”。由於不良的飲食和生活習慣，馬斯克深受體重問題的困擾。因此，他現在有一個專職的營養學家負責他的所有飯食安排（包含在參加會議期間），以致此事也被人津津樂道。發推特對他來說也是工作需要，因爲他是公司信息的主要來源。他似乎也通過這一方式從公衆那裏獲取靈感與主意——你可以發現特斯拉汽車的許多特點都可以在他的推特交流上有跡可循——因爲當有人在推特上給他提出建議並得到他的回覆“Sure!”（當然好的意思）時，就意味着他會讓“它”發生！","listText":"看看打拼中的#馬斯克# ，你還滿足於安逸嗎？打拼創業中的馬斯克一天要工作14-16小時？這意味着你沒有時間閒聊、發微博、吃飯、從一個地方走到另一個地方或做任何其它事，你的世界只有工作……這是什麼概念？他把他的工作計劃性地安排在1個小時內——他的目標總是在每小時開始的時候開始，並盡力在每小時結束的時候完成一些任務。馬斯克曾經常睡在會議室裏，甚至睡在特斯拉生產線上機器下面的地板上……很多舊辦公區也曾是他的“陣地”。由於不良的飲食和生活習慣，馬斯克深受體重問題的困擾。因此，他現在有一個專職的營養學家負責他的所有飯食安排（包含在參加會議期間），以致此事也被人津津樂道。發推特對他來說也是工作需要，因爲他是公司信息的主要來源。他似乎也通過這一方式從公衆那裏獲取靈感與主意——你可以發現特斯拉汽車的許多特點都可以在他的推特交流上有跡可循——因爲當有人在推特上給他提出建議並得到他的回覆“Sure!”（當然好的意思）時，就意味着他會讓“它”發生！","text":"看看打拼中的#馬斯克# ，你還滿足於安逸嗎？打拼創業中的馬斯克一天要工作14-16小時？這意味着你沒有時間閒聊、發微博、吃飯、從一個地方走到另一個地方或做任何其它事，你的世界只有工作……這是什麼概念？他把他的工作計劃性地安排在1個小時內——他的目標總是在每小時開始的時候開始，並盡力在每小時結束的時候完成一些任務。馬斯克曾經常睡在會議室裏，甚至睡在特斯拉生產線上機器下面的地板上……很多舊辦公區也曾是他的“陣地”。由於不良的飲食和生活習慣，馬斯克深受體重問題的困擾。因此，他現在有一個專職的營養學家負責他的所有飯食安排（包含在參加會議期間），以致此事也被人津津樂道。發推特對他來說也是工作需要，因爲他是公司信息的主要來源。他似乎也通過這一方式從公衆那裏獲取靈感與主意——你可以發現特斯拉汽車的許多特點都可以在他的推特交流上有跡可循——因爲當有人在推特上給他提出建議並得到他的回覆“Sure!”（當然好的意思）時，就意味着他會讓“它”發生！","images":[{"img":"https://static.tigerbbs.com/4622d2034cd331d676b5c56345ba4155","width":"563","height":"422"},{"img":"https://static.tigerbbs.com/3a61a35c7c23d86cd892a70573bd7450","width":"519","height":"389"},{"img":"https://static.tigerbbs.com/13c9595048533c9d560241d5bb2c86fe","width":"527","height":"395"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/660800180","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996926249,"gmtCreate":1661119536984,"gmtModify":1676536453343,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"noted","listText":"noted","text":"noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996926249","repostId":"9996984764","repostType":1,"repost":{"id":9996984764,"gmtCreate":1661116170661,"gmtModify":1676536452881,"author":{"id":"3583882434595540","authorId":"3583882434595540","name":"LISEE","avatar":"https://static.itradeup.com/news/04e6b0d792206cfd74830f2552f37288","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583882434595540","authorIdStr":"3583882434595540"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ARVL\">$Arrival(ARVL)$</a>kk<a href=\"https://ttm.financial/S/DKNG\">$DraftKings Inc.(DKNG)$</a><a href=\"https://ttm.financial/S/LCID\">$Lucid Group Inc(LCID)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/ARVL\">$Arrival(ARVL)$</a>kk<a href=\"https://ttm.financial/S/DKNG\">$DraftKings Inc.(DKNG)$</a><a href=\"https://ttm.financial/S/LCID\">$Lucid Group Inc(LCID)$</a><v-v data-views=\"1\"></v-v>","text":"$Arrival(ARVL)$kk$DraftKings Inc.(DKNG)$$Lucid Group Inc(LCID)$","images":[{"img":"https://community-static.tradeup.com/news/895d45f245ed1c011c154977f9de4c29","width":"720","height":"1396"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996984764","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9072690648,"gmtCreate":1658022703384,"gmtModify":1676536094399,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072690648","repostId":"2251089497","repostType":4,"repost":{"id":"2251089497","kind":"highlight","pubTimestamp":1658019829,"share":"https://ttm.financial/m/news/2251089497?lang=&edition=fundamental","pubTime":"2022-07-17 09:03","market":"us","language":"zh","title":"估值185亿！认养一头牛IPO，1600万会员认养6万头奶牛","url":"https://stock-news.laohu8.com/highlight/detail?id=2251089497","media":"华尔街见闻","summary":"还要进军牛肉和婴儿配方奶粉赛道。","content":"<html><head></head><body><p>继钟薛高后，又一家网红品牌进入了公众的视野。</p><p>或许你没有买过他家的牛奶，但多半在荧幕里、电梯间听到过那句流传甚广的广告语：<b>“奶牛养得好，牛奶才会好”</b>，也隐隐约约知道有个品牌的牛每天会<b>“听音乐”</b>。</p><p>与钟薛高的负面缠身不同，此次认养一头牛是要开启一次蜕变：冲击上市。</p><p>7月5日，认养一头牛控股集团股份有限公司（简称“认养一头牛”）预披露招股书，拟于主板挂牌上市，<a href=\"https://laohu8.com/S/600030\">中信证券</a>为独家保荐人。</p><p><b>成立仅六年时间，公司的营收已经将<a href=\"https://laohu8.com/S/600419\">天润乳业</a>、<a href=\"https://laohu8.com/S/002732\">燕塘乳业</a>、<a href=\"https://laohu8.com/S/001318\">阳光乳业</a>等一众有20年以上历史的老牌乳企甩在身后</b>，这家公司究竟有何魔力？</p><h2><b>五年营收翻三倍，估值超百亿</b></h2><p>要说认养一头牛的创业故事，还得从2012年讲起。</p><p>当时的徐晓波已经在房地产行业摸爬滚打多年，早已实现了财务自由，没曾想从香港给孩子带进口奶粉时因违背限购令被扣留，关在小黑屋里长达4个小时。</p><p>一气之下，徐晓波决定转投牛奶行业，<b>2014年投资4.6亿元在河北衡水建立了首个现代化牧场——康弘牧场</b>。</p><p>2016年，“认养一头牛”品牌正式创立，销售<b>牛奶、酸奶、奶粉、奶酪</b>等乳制品。从2016年至今，短短五年的时间公司的营收已经达到25亿余元，增长速度可谓是踩上了火箭。</p><p><img src=\"https://static.tigerbbs.com/743e680f313ff829c39c23ca1b42a7cf\" tg-width=\"692\" tg-height=\"267\" referrerpolicy=\"no-referrer\"/>图源：招股书</p><p>2019-2021年，公司分别实现营业收入8.65亿元、16.50亿元、25.66亿元，<b>年复合增长率高达72.27%。</b></p><p>实际上，以2021年的销售规模计算，认养一头牛当年的乳制品业务经营规模已经超过了多数区域性上市乳企，<b>仅次于<a href=\"https://laohu8.com/S/600887\">伊利股份</a>、<a href=\"https://laohu8.com/S/600597\">光明乳业</a>、<a href=\"https://laohu8.com/S/002946\">新乳业</a>及<a href=\"https://laohu8.com/S/600429\">三元股份</a></b>。</p><p>2017年后，认养一头牛先后拿到<b>美团龙珠、德弘资本、KKR、鲜丰水果、古茗</b>等机构的投资。</p><p>在去年的Pre-IPO轮融资中，认养一头牛更是<b>拿到了超过100亿元的估值</b>，整整翻了一倍，与光明、三元等历史超过20年的老牌企业比肩。</p><p>截至上市前，公司董事长兼总经理徐晓波直接持股38.52%，通过杭州青牛、杭州犊牛、杭州朝洋间接持股0.76%，为公司的控股股东和实际控制人；公司创始人之一王梓尧持股13.26%，为第二大股东。</p><p><img src=\"https://static.tigerbbs.com/6d62c4529d44de73d09afddced348a9d\" tg-width=\"692\" tg-height=\"183\" referrerpolicy=\"no-referrer\"/>图源：招股书</p><p>本次IPO，认养一头牛计划募集资金18.51亿元。按发行股份数量测算，<b>公司在IPO后的市值将达到185亿元</b>。</p><h2><b>增长趋缓的乳业：两大巨头寡头垄断</b></h2><p>我国乳制品行业的市场规模增速在2015年见顶，此后<b>增速从双位数逐年下滑至个位数</b>，更多依赖价格提升而非销量增长驱动，2021年市场规模为6340亿元。</p><p><img src=\"https://static.tigerbbs.com/bae4e8248af406b0e48f7c1ca49205d8\" tg-width=\"634\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/></p><p>然而，<b>对比海外地区，我国的人均乳制品消费量仍有巨大的提升空间</b>。2021年我国人均消费牛奶10.04千克，而同期日本、美国、英国分别实现32.13千克、63.08千克和92.07千克。</p><p><img src=\"https://static.tigerbbs.com/e8fd16cb5b9a5bb19b6647eacf086451\" tg-width=\"692\" tg-height=\"349\" referrerpolicy=\"no-referrer\"/></p><p>疫情发生后，民众的健康意识有所提高，逐渐对“乳制品提升免疫力”形成了共识。根据《2020中国奶商指数报告》，疫情期间56.4%的公众增加了乳制品摄入量，2021年乳制品规模增速也回升至6.18个百分点。</p><p>这是一块硕大的潜在蛋糕，问题在于谁能拿到，怎么能拿到。</p><p>食品饮料各行业的发展历程有一个共同点，那就是普遍沿着<b>渗透率提升</b>到<b>集中度提升</b>，最后到<b>利润率提升</b>的路径演变。</p><p>乳业也不例外。自2013年后，乳制品行业进一步整合，行业集中度持续提升，目前已经形成了<b>伊利、蒙牛两家全国性乳企寡头垄断</b>、光明乳业和新乳业为区域性乳企龙头、部分地方性乳企百花齐放的市场格局。</p><p>其中，在液态奶细分领域，2020年伊利的市占率达到34%，蒙牛紧随其后，市占率为25%，仅两家就占据了近60%的市场份额。</p><p><img src=\"https://static.tigerbbs.com/a9fd00976116fe253c94116125f7a215\" tg-width=\"602\" tg-height=\"503\" referrerpolicy=\"no-referrer\"/></p><p>两大巨头的成长之路大致如下：</p><p><b>蒙牛</b>首先通过大经销商模式快速做大市场，在经营逐步扩大的同时于2016年末开启深化改革，在常温、低温、奶粉和冷饮四大类别同时发力。</p><p><b>伊利</b>则采用深度分销模式，借助2007年的“万村千乡”活动强化乡镇级别的终端渗透。为应对蒙牛的崛起，2018年起伊利开始加大终端促销和广告投放，营收持续扩大。</p><p>虽然渠道策略上有所不同，两家公司的<b>产品差异却并不特别大</b>。从安慕希VS纯甄到金典VS特仑苏，伊利和蒙牛忙不迭地推出新品和复刻对方的产品，也在近期逐步向高端产品市场发力。</p><h2><b>接地气的“认养”宣传</b></h2><p>那么，在伊利蒙牛竞争如火如荼的时候，认养一头牛又做了什么？</p><p>如果用一个词来形容，那就是“另辟蹊径”，具体而言就是<b>“会讲故事”</b>。也只有如此，才能让认养一头牛在两大巨头的垄断下觅得一片“红海”。</p><p>乳制品行业可拆解为奶牛养殖、乳品加工和零售分销三大环节。然而，我国乳制品产业链的发展并不均衡，<b>中游企业加工能力强，但养殖与销售环节相对薄弱</b>。</p><p><img src=\"https://static.tigerbbs.com/034c7645e6b3c755eb4ebde6617c0e0f\" tg-width=\"692\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>2008年，震惊全国的三聚氰胺事件严重侵蚀了消费者的信任，次年全国牛奶产量首次出现了负增长，并在此后几年维持低增速。</p><p>事件过后，乳业越发重视奶源质量，一批存栏量不足20头牛的小型养殖户被迫退出，养殖场的规模化程度大大提升。截至2020年，中国的规模化牧场占比已达67%。</p><p><img src=\"https://static.tigerbbs.com/60464487fb06cd8b5e5446b1279054d0\" tg-width=\"692\" tg-height=\"349\" referrerpolicy=\"no-referrer\"/></p><p>徐晓波的创业故事从一座牧场开始，认养一头牛也是一家<b>上中游一体化同时发力</b>的乳业公司。</p><p>早在一开始，认养一头牛就在各大平台打出了这样的宣传语：“奶牛养得好，牛奶才会好”。用《小星星》的曲调哼唱出来，几乎到了“洗脑”的地步。</p><p>徐晓波力图从方方面面打造出一个“优质牧场”的形象：<b>我们的奶牛吃的是进口牧草，喝的是380米深的地下水，还要听音乐、做SPA和药浴，每天伙食费80块钱。</b></p><p>预披露招股书后的7月8日，认养一头牛在微信视频号开启了直播，向用户展示生产线的内部状况，以此执行“可溯源”的概念，让不少消费者产生了好感。</p><p><img src=\"https://static.tigerbbs.com/cc37cf7c69d806d5f52abaaf39a3f9ce\" tg-width=\"228\" tg-height=\"493\" referrerpolicy=\"no-referrer\"/>微信视频号展示的生产线内况</p><p>而你只要成为公司的会员，就可以通过<b>云认养、联名认养或实名认养</b>的方式，实现公司的核心宣传点“认养一头牛”。</p><p>其中，用户可以通过小程序与牛进行养成系的云互动，也可以购买季卡、半年卡或年卡来获取认养权，获得定期送货上门的会员服务。而在实名认养中，最高等级的会员甚至可以给奶牛取名字，并定期收到奶牛的生长数据。</p><p><img src=\"https://static.tigerbbs.com/4fcdb2d46f46e4b025a189483d764fa1\" tg-width=\"308\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/>认养一头牛云牧场微信小程序</p><p>据中新经纬报道，认养一头牛方面介绍，目前其累计购买用户超1900万，<b>会员数超1600万</b>。</p><p>认养模式不仅多多少少需要用户掏点钱，更重要的是强化了消费者与牧场的情感联结。只要消费者买账，便不可谓不是一种成功的营销手段。</p><p><b>背后的意味是，将产品品质宣传与互动营销加以糅合，用生动而接地气的方式呈现在消费者面前。</b></p><h2><b>以线上直营为主，比例逐渐扩张</b></h2><p>“新消费”，大体上是指受互联网、数字等新技术驱动，基于新媒体和新渠道进行推广和销售，采用<a href=\"https://laohu8.com/S/300959\">线上线下</a>相融合等新的商业模式，往往受到一众有升级性需求的消费者的追捧的消费行为。</p><p>前文提到，认养一头牛是较为少见的上中游同时发力的乳企。其实，<b>公司在下游销售上也下足了功夫</b>，而且采用的正是极富“新消费”特色的方式。</p><p>其中最主要的特点就是避免与伊利、蒙牛等传统乳企在线下交锋，而转<b>以线上渠道为基础</b>。</p><p>徐晓波则表示，常温乳制品因具有产品标准化程度高、购买消费频繁、保质期相对较长、可常温物流配送等特点，较为适合进行线上销售。</p><p>近三年，公司的线上销售收入分别为5.28亿元、12.46亿元和19.51亿元，<b>占主营业务收入的比例均超过60%，且呈现上升趋势，2021年这一比例已接近80%</b>。</p><p><img src=\"https://static.tigerbbs.com/7e153a5da5d5fbaa0156e4113dd8f41e\" tg-width=\"692\" tg-height=\"267\" referrerpolicy=\"no-referrer\"/>图源：招股书</p><p>在2020年和2021年的“618”与“双十一”中，认养一头牛在天猫品牌旗舰店销量排名中蝉联乳制品行业第一，2020年也在京东的“双十一”取得了乳制品品类销售额第一、会员数第一的成绩。</p><p><img src=\"https://static.tigerbbs.com/9c4c5fe4b790e644bdffcad83ad8c62b\" tg-width=\"692\" tg-height=\"547\" referrerpolicy=\"no-referrer\"/>图源：招股书</p><p>认养一头牛在线下渠道也想走出一条不一样的道路。相比于传统的商场经销， 认养一头牛在以盒马鲜生和鲜丰水果为代表的<b>新零售</b>渠道和以古茗、黑泷堂为代表的<b>新茶饮</b>品牌渠道都有布局。</p><p>不过，从线下渠道占比的下降趋势来看，公司似乎并未如招股书所言的那样“逐步向线下销售拓展”。</p><p>值得注意的是，认养一头牛还曾采用近似于微商的方式开展分销活动。</p><p>2017年，认养一头牛推出了<b>“分享家计划”</b>，发展消费者成为自己的“销售员”，售卖产品就可以获取5%-10%的佣金。此后，又陆续推出“建群卖奶收佣金”、“邀请好友得佣金”等“合伙人计划”。</p><p><img src=\"https://static.tigerbbs.com/76ea21b3a660eecc968c625fc9638023\" tg-width=\"692\" tg-height=\"266\" referrerpolicy=\"no-referrer\"/>图源：招股书</p><p>裂变式的销售令公司快速崛起，但也造成了<b>线上渠道价格混乱、产品窜货</b>等问题。2021年，认养一头牛关闭了所有的分销渠道。</p><h2><b>营销成本高，研发投入微薄</b></h2><p>“新消费”式发力的另一个特点，就是舍得在营销上投入。这也是直销尤其是电商直销的必要条件。</p><p><img src=\"https://static.tigerbbs.com/05861a71605cc5ce88f5b1b49d22afa9\" tg-width=\"692\" tg-height=\"228\" referrerpolicy=\"no-referrer\"/>IP形象营销（图源：招股书）</p><p>从余音绕耳的电梯广告到小红书、<a href=\"https://laohu8.com/S/DYIN\">抖音</a>等平台的软植入，认养一头牛逐步把握到了互联网时代的流量密码，也让公司付出了一定的代价。</p><p>这个代价就是，<b>销售规模的神话却并未延续到盈利</b>。营收爆发式增长的同时，<b>其净利润却从2020年的1.47亿元降至2021年的1.40亿元，仅为光明乳业的四分之一</b>。</p><p>一个重要原因就在于<b>营销成本高</b>。近三年，公司的销售费用分别为1.94亿元、3.03亿元和4.83亿元，销售费用率分别为22.46%、18.35%和18.82%，超出同行平均值五六个百分点。</p><p><img src=\"https://static.tigerbbs.com/ab77c2f4e0f3551532172590c9a5ced3\" tg-width=\"692\" tg-height=\"418\" referrerpolicy=\"no-referrer\"/>图源：招股书</p><p>相比之下，认养一头牛在研发方面的投入甚少，2020年和2021年研发费用仅分别为61.39万元、687.13万元，研发费用率不足0.5%，研发技术人员的比重也仅占1.17%。</p><p><img src=\"https://static.tigerbbs.com/caf1303b2a3132773c09d4ac22933b5c\" tg-width=\"693\" tg-height=\"240\" referrerpolicy=\"no-referrer\"/>图源：招股书</p><p>实际上，公司的毛利率基本保持了稳定，三年来经调整运输费用核算方法后的主营业务毛利率分别为<b>29.05%、30.79%和 28.86%</b>，2021年毛利率下降主要是生牛乳、玉米、豆粕等原料价格上涨所致。</p><p><img src=\"https://static.tigerbbs.com/eaf099f2046316e12691cb1966689cec\" tg-width=\"692\" tg-height=\"259\" referrerpolicy=\"no-referrer\"/>图源：招股书</p><p><b>这样的毛利率水平放到整个乳制品行业来说是“比上不足，比下有余”。</b></p><p><b> </b>一方面，公司三年均超过可比公司平均值，2021年仅次于伊利和阳光乳业。</p><p><img src=\"https://static.tigerbbs.com/1de7345d3ed27624f9b3152828f633bb\" tg-width=\"626\" tg-height=\"740\" referrerpolicy=\"no-referrer\"/>在此处输入图片说明</p><p>另一方面，如果加上表格中没有的蒙牛，就会发现认养一头牛的毛利率离两大巨头还是有一些差距。</p><p><img src=\"https://static.tigerbbs.com/b443b74f5bf862e1ff668193b59097cf\" tg-width=\"554\" tg-height=\"322\" referrerpolicy=\"no-referrer\"/></p><p>其中，<b>由于产品结构的持续优化，蒙牛始终保持着35%以上的毛利率</b>，大大抵消了原奶价格上涨的影响。2019年以来，蒙牛特仑苏、纯甄等高端奶产品的销售额占比稳步提升，产品提价超过了原料价格的涨幅。</p><p>不过，即使伊利在毛利率上的优势有所减弱，也凭借减少广告开支等方式控制了费用，2021年净利率反而有所上升。</p><p>相比之下，认养一头牛既没有在毛利率上占据优势，销售费用率还呈增加趋势，也就不难理解为何净利率逐年下滑了。</p><p>其实，认养一头牛也在高端产品方面有所布局。</p><p>2020年起，公司开始尝试拓展新品，陆续推出了<b>低脂纯牛奶、称能缓解乳糖不耐受的A2β酪蛋白纯牛奶、“常温风味发酵乳”和“娟姗牛奶”</b>。</p><p><img src=\"https://static.tigerbbs.com/b66d95b4a35a70dfefafc37b317f92f8\" tg-width=\"692\" tg-height=\"378\" referrerpolicy=\"no-referrer\"/>图源：招股书</p><p>其中，娟姗品类属于向高端产品的拓展，产自“娟姗牛牛乳”，具有“较高的乳蛋白含量和乳脂率”。</p><p>产品创新的结果也反映到了公司的利润表中。纯奶品类中高端奶的面世<b>直接使公司2021年的纯牛奶毛利率上升了1.3个百分点</b>，而当年其余品类的毛利率均有所下降。</p><p><img src=\"https://static.tigerbbs.com/fca379a3e974924f33c6ef5d3cbee55c\" tg-width=\"692\" tg-height=\"263\" referrerpolicy=\"no-referrer\"/>图源：招股书</p><p>不过，考虑到公司目前研发投入的微薄，要推出能支撑利润的高端单品还需要更多的努力。</p><h2><b>名副其实，还是虚有其表？</b></h2><p>这一切似乎都将认养一头牛的“网红”品牌身份暴露无遗。</p><p>实际上，让公司出圈的“认养”活动营销性质大于实际内容，招股书中也并未以此作为公司的优势点。</p><p>颇似养成类小游戏的“云认养”和与包月订奶无甚差别的“联名认养”只是徒具其名，<b>只有最高级的会员才能真的“认养一头牛”，而这需要缴纳超百万的费用</b>。</p><p>据媒体报道，目前这项权益仅向汪涵、杜海涛、陈数、罗永浩等知名人士开放。</p><p>其次，公司的宣传让消费者产生了一种错觉：我喝上的是我自己看着养的牛的牛奶。但实际上，<b>公司的“自有奶源”大量依靠外部供应商和代工厂</b>。</p><p>从奶源上来看，2017年时公司宣传一直强调，“认养一头牛”的奶源全部来自自己的牧场。实际上，到今天认养一头牛也要从外面采购生牛乳。</p><p><img src=\"https://static.tigerbbs.com/5c006a64de6a145a25a2afc8068e79e7\" tg-width=\"693\" tg-height=\"275\" referrerpolicy=\"no-referrer\"/>图源：招股书</p><p>除奶源并非全部来自自有牧场外，公司还在相当长一段时间内依赖外协生产。<b>近三年，公司的外协产量分别为2.34万吨、11.39万吨、6.21万吨</b>，占总产量的比例分别为100%、93.44%和35.67%。</p><p><img src=\"https://static.tigerbbs.com/e30b4cdca65f72a3dbfc4a3501241ea6\" tg-width=\"692\" tg-height=\"493\" referrerpolicy=\"no-referrer\"/>图源：招股书</p><p>不过，随着2020年10月起山东生产基地的投产，<b>自主生产逐渐成为认养一头牛的主要生产模式</b>。</p><p>截至目前，认养一头牛已在河北、黑龙江等地相继建立了7座现代化大型奶牛牧场，其中5座为公司自有牧场，2座为联合运营牧场，奶牛存栏数超6万头。</p><p>在产品上，认养一头牛牛奶的<b>营养成分</b>确实不错，全脂纯牛奶的蛋白质和含钙量都高于同类产品。</p><p><img src=\"https://static.tigerbbs.com/41969c72616b0474a37e9d285951eb77\" tg-width=\"404\" tg-height=\"270\" referrerpolicy=\"no-referrer\"/></p><p><img src=\"https://static.tigerbbs.com/cf46fa7ec7523e1ae9a6f39ce2bb4f74\" tg-width=\"402\" tg-height=\"272\" referrerpolicy=\"no-referrer\"/></p><p><img src=\"https://static.tigerbbs.com/994d2d4f5fb9eb6bc67284908fc00215\" tg-width=\"381\" tg-height=\"226\" referrerpolicy=\"no-referrer\"/>从上到下依次是认养一头牛、伊利、蒙牛的纯牛奶营养成分表</p><p>但就是这样一款符合消费者营养需求的产品，却常常被吐槽“奶味淡”、“像水一样”。或许，口味改善是认养一头牛应该考虑的问题。</p><p><img src=\"https://static.tigerbbs.com/b5cf82444e09194b6794d44287fe5987\" tg-width=\"440\" tg-height=\"404\" referrerpolicy=\"no-referrer\"/>认养一头牛天猫旗舰店“问大家”回答页面</p><h2><b>向牛肉和婴儿奶粉进军</b></h2><p>招股书显示，本次上市公司拟募集资金18.51亿元，其中<b>9.77亿元</b>用于投资牧场建设项目扩产，<b>5.2亿元</b>用于投资品牌建设营销推广项目，其余用于信息系统升级改造和补充运营资金。</p><p><img src=\"https://static.tigerbbs.com/21133ddff8181225ed54c614a9d25bbb\" tg-width=\"692\" tg-height=\"231\" referrerpolicy=\"no-referrer\"/>图源：招股书</p><p>一方面，可以看出徐晓波在<b>建设智慧牧场</b>上下足了功夫。招股书显示，目前公司的牧场已经应用了奶牛 SCR <a href=\"https://laohu8.com/S/5RE.SI\">智能</a>项圈、美国 DC305 牛群数智化管理系统等，实现了奶牛自动按摩、自动挤奶等全自动化管理。</p><p>另一方面，公司对营销的“执念”丝毫未减，近三分之一的募集资金都将用于营销项目。</p><p>而今年4月，市场又传出认养一头牛的新动作——<b>要进军牛肉和婴儿配方奶粉赛道</b>。随后，公司证实了这一消息。目前，认养一头牛天猫旗舰店已上新与贝因美合作推出的婴幼儿配方奶粉“致越”四段，定价249元/罐。</p><p><img src=\"https://static.tigerbbs.com/d45b43dfbaf62f7e670bf86abc82c0d9\" tg-width=\"468\" tg-height=\"468\" referrerpolicy=\"no-referrer\"/>致越婴儿奶粉（图源：天猫旗舰店）</p><p><b>2022年1月，认养一头牛成立独立于乳业板块的肉牛事业部，以独立子品牌展开运营。</b>随后，公司的首个肉牛产业园在吉林榆树市落地，与长春博瑞科技合作投资的肉牛繁育项目也在今年2月签约。</p><p>随着中国消费者消费升级的推进，牛肉或将成为我国市场的增长点，利润率相对可观，认养一头牛以此作为配套产业是一个不错的选择。</p><p>然而，婴儿配方奶粉的<b>行业竞争十分激烈</b>，前十家龙头企业的市占率近80%；加上有一定的<b>准入壁垒</b>，单是注册配方就需要三年多时间，对认养一头牛而言将会是一项不小的挑战。</p><p>作为实打实的“网红品牌”，认养一头牛成功地在六年的时间里“空手套白狼”。但等风头过去，面对巨头的稳扎稳打和新品牌的层出不穷，认养一头牛能否继续突围？</p></body></html>","source":"wallstreetcn_api","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>估值185亿！认养一头牛IPO，1600万会员认养6万头奶牛</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估值185亿！认养一头牛IPO，1600万会员认养6万头奶牛\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-17 09:03 北京时间&nbsp;&nbsp;&nbsp;<a href=https://wallstreetcn.com/articles/3664895><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>继钟薛高后，又一家网红品牌进入了公众的视野。或许你没有买过他家的牛奶，但多半在荧幕里、电梯间听到过那句流传甚广的广告语：“奶牛养得好，牛奶才会好”，也隐隐约约知道有个品牌的牛每天会“听音乐”。与钟薛高的负面缠身不同，此次认养一头牛是要开启一次蜕变：冲击上市。7月5日，认养一头牛控股集团股份有限公司（简称“认养一头牛”）预披露招股书，拟于主板挂牌上市，中信证券为独家保荐人。成立仅六年时间，公司的营收...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3664895\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4396b457c1d5240c3eccc065d25dc5e3","relate_stocks":{"IPO":"Renaissance IPO ETF"},"source_url":"https://wallstreetcn.com/articles/3664895","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251089497","content_text":"继钟薛高后，又一家网红品牌进入了公众的视野。或许你没有买过他家的牛奶，但多半在荧幕里、电梯间听到过那句流传甚广的广告语：“奶牛养得好，牛奶才会好”，也隐隐约约知道有个品牌的牛每天会“听音乐”。与钟薛高的负面缠身不同，此次认养一头牛是要开启一次蜕变：冲击上市。7月5日，认养一头牛控股集团股份有限公司（简称“认养一头牛”）预披露招股书，拟于主板挂牌上市，中信证券为独家保荐人。成立仅六年时间，公司的营收已经将天润乳业、燕塘乳业、阳光乳业等一众有20年以上历史的老牌乳企甩在身后，这家公司究竟有何魔力？五年营收翻三倍，估值超百亿要说认养一头牛的创业故事，还得从2012年讲起。当时的徐晓波已经在房地产行业摸爬滚打多年，早已实现了财务自由，没曾想从香港给孩子带进口奶粉时因违背限购令被扣留，关在小黑屋里长达4个小时。一气之下，徐晓波决定转投牛奶行业，2014年投资4.6亿元在河北衡水建立了首个现代化牧场——康弘牧场。2016年，“认养一头牛”品牌正式创立，销售牛奶、酸奶、奶粉、奶酪等乳制品。从2016年至今，短短五年的时间公司的营收已经达到25亿余元，增长速度可谓是踩上了火箭。图源：招股书2019-2021年，公司分别实现营业收入8.65亿元、16.50亿元、25.66亿元，年复合增长率高达72.27%。实际上，以2021年的销售规模计算，认养一头牛当年的乳制品业务经营规模已经超过了多数区域性上市乳企，仅次于伊利股份、光明乳业、新乳业及三元股份。2017年后，认养一头牛先后拿到美团龙珠、德弘资本、KKR、鲜丰水果、古茗等机构的投资。在去年的Pre-IPO轮融资中，认养一头牛更是拿到了超过100亿元的估值，整整翻了一倍，与光明、三元等历史超过20年的老牌企业比肩。截至上市前，公司董事长兼总经理徐晓波直接持股38.52%，通过杭州青牛、杭州犊牛、杭州朝洋间接持股0.76%，为公司的控股股东和实际控制人；公司创始人之一王梓尧持股13.26%，为第二大股东。图源：招股书本次IPO，认养一头牛计划募集资金18.51亿元。按发行股份数量测算，公司在IPO后的市值将达到185亿元。增长趋缓的乳业：两大巨头寡头垄断我国乳制品行业的市场规模增速在2015年见顶，此后增速从双位数逐年下滑至个位数，更多依赖价格提升而非销量增长驱动，2021年市场规模为6340亿元。然而，对比海外地区，我国的人均乳制品消费量仍有巨大的提升空间。2021年我国人均消费牛奶10.04千克，而同期日本、美国、英国分别实现32.13千克、63.08千克和92.07千克。疫情发生后，民众的健康意识有所提高，逐渐对“乳制品提升免疫力”形成了共识。根据《2020中国奶商指数报告》，疫情期间56.4%的公众增加了乳制品摄入量，2021年乳制品规模增速也回升至6.18个百分点。这是一块硕大的潜在蛋糕，问题在于谁能拿到，怎么能拿到。食品饮料各行业的发展历程有一个共同点，那就是普遍沿着渗透率提升到集中度提升，最后到利润率提升的路径演变。乳业也不例外。自2013年后，乳制品行业进一步整合，行业集中度持续提升，目前已经形成了伊利、蒙牛两家全国性乳企寡头垄断、光明乳业和新乳业为区域性乳企龙头、部分地方性乳企百花齐放的市场格局。其中，在液态奶细分领域，2020年伊利的市占率达到34%，蒙牛紧随其后，市占率为25%，仅两家就占据了近60%的市场份额。两大巨头的成长之路大致如下：蒙牛首先通过大经销商模式快速做大市场，在经营逐步扩大的同时于2016年末开启深化改革，在常温、低温、奶粉和冷饮四大类别同时发力。伊利则采用深度分销模式，借助2007年的“万村千乡”活动强化乡镇级别的终端渗透。为应对蒙牛的崛起，2018年起伊利开始加大终端促销和广告投放，营收持续扩大。虽然渠道策略上有所不同，两家公司的产品差异却并不特别大。从安慕希VS纯甄到金典VS特仑苏，伊利和蒙牛忙不迭地推出新品和复刻对方的产品，也在近期逐步向高端产品市场发力。接地气的“认养”宣传那么，在伊利蒙牛竞争如火如荼的时候，认养一头牛又做了什么？如果用一个词来形容，那就是“另辟蹊径”，具体而言就是“会讲故事”。也只有如此，才能让认养一头牛在两大巨头的垄断下觅得一片“红海”。乳制品行业可拆解为奶牛养殖、乳品加工和零售分销三大环节。然而，我国乳制品产业链的发展并不均衡，中游企业加工能力强，但养殖与销售环节相对薄弱。2008年，震惊全国的三聚氰胺事件严重侵蚀了消费者的信任，次年全国牛奶产量首次出现了负增长，并在此后几年维持低增速。事件过后，乳业越发重视奶源质量，一批存栏量不足20头牛的小型养殖户被迫退出，养殖场的规模化程度大大提升。截至2020年，中国的规模化牧场占比已达67%。徐晓波的创业故事从一座牧场开始，认养一头牛也是一家上中游一体化同时发力的乳业公司。早在一开始，认养一头牛就在各大平台打出了这样的宣传语：“奶牛养得好，牛奶才会好”。用《小星星》的曲调哼唱出来，几乎到了“洗脑”的地步。徐晓波力图从方方面面打造出一个“优质牧场”的形象：我们的奶牛吃的是进口牧草，喝的是380米深的地下水，还要听音乐、做SPA和药浴，每天伙食费80块钱。预披露招股书后的7月8日，认养一头牛在微信视频号开启了直播，向用户展示生产线的内部状况，以此执行“可溯源”的概念，让不少消费者产生了好感。微信视频号展示的生产线内况而你只要成为公司的会员，就可以通过云认养、联名认养或实名认养的方式，实现公司的核心宣传点“认养一头牛”。其中，用户可以通过小程序与牛进行养成系的云互动，也可以购买季卡、半年卡或年卡来获取认养权，获得定期送货上门的会员服务。而在实名认养中，最高等级的会员甚至可以给奶牛取名字，并定期收到奶牛的生长数据。认养一头牛云牧场微信小程序据中新经纬报道，认养一头牛方面介绍，目前其累计购买用户超1900万，会员数超1600万。认养模式不仅多多少少需要用户掏点钱，更重要的是强化了消费者与牧场的情感联结。只要消费者买账，便不可谓不是一种成功的营销手段。背后的意味是，将产品品质宣传与互动营销加以糅合，用生动而接地气的方式呈现在消费者面前。以线上直营为主，比例逐渐扩张“新消费”，大体上是指受互联网、数字等新技术驱动，基于新媒体和新渠道进行推广和销售，采用线上线下相融合等新的商业模式，往往受到一众有升级性需求的消费者的追捧的消费行为。前文提到，认养一头牛是较为少见的上中游同时发力的乳企。其实，公司在下游销售上也下足了功夫，而且采用的正是极富“新消费”特色的方式。其中最主要的特点就是避免与伊利、蒙牛等传统乳企在线下交锋，而转以线上渠道为基础。徐晓波则表示，常温乳制品因具有产品标准化程度高、购买消费频繁、保质期相对较长、可常温物流配送等特点，较为适合进行线上销售。近三年，公司的线上销售收入分别为5.28亿元、12.46亿元和19.51亿元，占主营业务收入的比例均超过60%，且呈现上升趋势，2021年这一比例已接近80%。图源：招股书在2020年和2021年的“618”与“双十一”中，认养一头牛在天猫品牌旗舰店销量排名中蝉联乳制品行业第一，2020年也在京东的“双十一”取得了乳制品品类销售额第一、会员数第一的成绩。图源：招股书认养一头牛在线下渠道也想走出一条不一样的道路。相比于传统的商场经销， 认养一头牛在以盒马鲜生和鲜丰水果为代表的新零售渠道和以古茗、黑泷堂为代表的新茶饮品牌渠道都有布局。不过，从线下渠道占比的下降趋势来看，公司似乎并未如招股书所言的那样“逐步向线下销售拓展”。值得注意的是，认养一头牛还曾采用近似于微商的方式开展分销活动。2017年，认养一头牛推出了“分享家计划”，发展消费者成为自己的“销售员”，售卖产品就可以获取5%-10%的佣金。此后，又陆续推出“建群卖奶收佣金”、“邀请好友得佣金”等“合伙人计划”。图源：招股书裂变式的销售令公司快速崛起，但也造成了线上渠道价格混乱、产品窜货等问题。2021年，认养一头牛关闭了所有的分销渠道。营销成本高，研发投入微薄“新消费”式发力的另一个特点，就是舍得在营销上投入。这也是直销尤其是电商直销的必要条件。IP形象营销（图源：招股书）从余音绕耳的电梯广告到小红书、抖音等平台的软植入，认养一头牛逐步把握到了互联网时代的流量密码，也让公司付出了一定的代价。这个代价就是，销售规模的神话却并未延续到盈利。营收爆发式增长的同时，其净利润却从2020年的1.47亿元降至2021年的1.40亿元，仅为光明乳业的四分之一。一个重要原因就在于营销成本高。近三年，公司的销售费用分别为1.94亿元、3.03亿元和4.83亿元，销售费用率分别为22.46%、18.35%和18.82%，超出同行平均值五六个百分点。图源：招股书相比之下，认养一头牛在研发方面的投入甚少，2020年和2021年研发费用仅分别为61.39万元、687.13万元，研发费用率不足0.5%，研发技术人员的比重也仅占1.17%。图源：招股书实际上，公司的毛利率基本保持了稳定，三年来经调整运输费用核算方法后的主营业务毛利率分别为29.05%、30.79%和 28.86%，2021年毛利率下降主要是生牛乳、玉米、豆粕等原料价格上涨所致。图源：招股书这样的毛利率水平放到整个乳制品行业来说是“比上不足，比下有余”。 一方面，公司三年均超过可比公司平均值，2021年仅次于伊利和阳光乳业。在此处输入图片说明另一方面，如果加上表格中没有的蒙牛，就会发现认养一头牛的毛利率离两大巨头还是有一些差距。其中，由于产品结构的持续优化，蒙牛始终保持着35%以上的毛利率，大大抵消了原奶价格上涨的影响。2019年以来，蒙牛特仑苏、纯甄等高端奶产品的销售额占比稳步提升，产品提价超过了原料价格的涨幅。不过，即使伊利在毛利率上的优势有所减弱，也凭借减少广告开支等方式控制了费用，2021年净利率反而有所上升。相比之下，认养一头牛既没有在毛利率上占据优势，销售费用率还呈增加趋势，也就不难理解为何净利率逐年下滑了。其实，认养一头牛也在高端产品方面有所布局。2020年起，公司开始尝试拓展新品，陆续推出了低脂纯牛奶、称能缓解乳糖不耐受的A2β酪蛋白纯牛奶、“常温风味发酵乳”和“娟姗牛奶”。图源：招股书其中，娟姗品类属于向高端产品的拓展，产自“娟姗牛牛乳”，具有“较高的乳蛋白含量和乳脂率”。产品创新的结果也反映到了公司的利润表中。纯奶品类中高端奶的面世直接使公司2021年的纯牛奶毛利率上升了1.3个百分点，而当年其余品类的毛利率均有所下降。图源：招股书不过，考虑到公司目前研发投入的微薄，要推出能支撑利润的高端单品还需要更多的努力。名副其实，还是虚有其表？这一切似乎都将认养一头牛的“网红”品牌身份暴露无遗。实际上，让公司出圈的“认养”活动营销性质大于实际内容，招股书中也并未以此作为公司的优势点。颇似养成类小游戏的“云认养”和与包月订奶无甚差别的“联名认养”只是徒具其名，只有最高级的会员才能真的“认养一头牛”，而这需要缴纳超百万的费用。据媒体报道，目前这项权益仅向汪涵、杜海涛、陈数、罗永浩等知名人士开放。其次，公司的宣传让消费者产生了一种错觉：我喝上的是我自己看着养的牛的牛奶。但实际上，公司的“自有奶源”大量依靠外部供应商和代工厂。从奶源上来看，2017年时公司宣传一直强调，“认养一头牛”的奶源全部来自自己的牧场。实际上，到今天认养一头牛也要从外面采购生牛乳。图源：招股书除奶源并非全部来自自有牧场外，公司还在相当长一段时间内依赖外协生产。近三年，公司的外协产量分别为2.34万吨、11.39万吨、6.21万吨，占总产量的比例分别为100%、93.44%和35.67%。图源：招股书不过，随着2020年10月起山东生产基地的投产，自主生产逐渐成为认养一头牛的主要生产模式。截至目前，认养一头牛已在河北、黑龙江等地相继建立了7座现代化大型奶牛牧场，其中5座为公司自有牧场，2座为联合运营牧场，奶牛存栏数超6万头。在产品上，认养一头牛牛奶的营养成分确实不错，全脂纯牛奶的蛋白质和含钙量都高于同类产品。从上到下依次是认养一头牛、伊利、蒙牛的纯牛奶营养成分表但就是这样一款符合消费者营养需求的产品，却常常被吐槽“奶味淡”、“像水一样”。或许，口味改善是认养一头牛应该考虑的问题。认养一头牛天猫旗舰店“问大家”回答页面向牛肉和婴儿奶粉进军招股书显示，本次上市公司拟募集资金18.51亿元，其中9.77亿元用于投资牧场建设项目扩产，5.2亿元用于投资品牌建设营销推广项目，其余用于信息系统升级改造和补充运营资金。图源：招股书一方面，可以看出徐晓波在建设智慧牧场上下足了功夫。招股书显示，目前公司的牧场已经应用了奶牛 SCR 智能项圈、美国 DC305 牛群数智化管理系统等，实现了奶牛自动按摩、自动挤奶等全自动化管理。另一方面，公司对营销的“执念”丝毫未减，近三分之一的募集资金都将用于营销项目。而今年4月，市场又传出认养一头牛的新动作——要进军牛肉和婴儿配方奶粉赛道。随后，公司证实了这一消息。目前，认养一头牛天猫旗舰店已上新与贝因美合作推出的婴幼儿配方奶粉“致越”四段，定价249元/罐。致越婴儿奶粉（图源：天猫旗舰店）2022年1月，认养一头牛成立独立于乳业板块的肉牛事业部，以独立子品牌展开运营。随后，公司的首个肉牛产业园在吉林榆树市落地，与长春博瑞科技合作投资的肉牛繁育项目也在今年2月签约。随着中国消费者消费升级的推进，牛肉或将成为我国市场的增长点，利润率相对可观，认养一头牛以此作为配套产业是一个不错的选择。然而，婴儿配方奶粉的行业竞争十分激烈，前十家龙头企业的市占率近80%；加上有一定的准入壁垒，单是注册配方就需要三年多时间，对认养一头牛而言将会是一项不小的挑战。作为实打实的“网红品牌”，认养一头牛成功地在六年的时间里“空手套白狼”。但等风头过去，面对巨头的稳扎稳打和新品牌的层出不穷，认养一头牛能否继续突围？","news_type":1},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9072690988,"gmtCreate":1658022673844,"gmtModify":1676536094391,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072690988","repostId":"1165343748","repostType":4,"repost":{"id":"1165343748","kind":"news","pubTimestamp":1658022395,"share":"https://ttm.financial/m/news/1165343748?lang=&edition=fundamental","pubTime":"2022-07-17 09:46","market":"hk","language":"zh","title":"逼空大战中，青山集团全身而退的秘密","url":"https://stock-news.laohu8.com/highlight/detail?id=1165343748","media":" 财富FORTUNE","summary":"北京时间3月8日下午2点08分，事态已经非常明朗，项光达重金押注镍价下跌的做法大错而特错。彼时，镍期货价格刚刚飙升至每吨10万美元以上，项光达的账面损失超过100亿美元。在这种规模的亏损面前，不仅项光","content":"<html><head></head><body><p>北京时间3月8日下午2点08分，事态已经非常明朗，项光达重金押注镍价下跌的做法大错而特错。</p><p>彼时，镍期货价格刚刚飙升至每吨10万美元以上，项光达的账面损失超过100亿美元。在这种规模的亏损面前，不仅项光达的公司面临破产危机，甚至整个金属行业都有可能受到冲击，一如当年的雷曼兄弟（Lehman Brothers）事件，伦敦金属交易所（London Metal Exchange）本身也可能因为这起事件而灰飞烟灭。</p><p>但项光达却很平静。在短短几个小时之内，已经有50多名银行家来到他的办公室，想听听他打算如何应对这场危机。他的回答很简单：“我相信我们能够战胜这场危机。”而他也确实做到了。</p><p>四个月之后的今天，镍价确实出现了下跌，一如项光达此前的预测。以摩根大通（JPMorgan Chase &amp; Co.）为首、磨刀霍霍的银行集团也拿到了自己的报偿。据熟悉项光达的人士透露，他已经平仓几乎所有的镍空头头寸，亏损约为10亿美元，考虑到他的商业帝国在其他方面获得的收益，这个数字尚在其承受范围之内。</p><p>至关重要的是：以“大佬”绰号闻名中国大宗商品圈的项光达即将从这场危机中全身而退，他旗下价值数十亿美元的矿业和炼钢公司——青山控股集团不仅完好无损，甚至还实现了进一步扩张。</p><p>虽然对项光达而言，这场危机已经是过眼云烟，有人却不得不留下来替他收拾剩下的烂摊子。项光达之所以能够逃出生天，伦敦金属交易所功不可没，面对重重质疑，该机构毅然出手干涉市场，阻止镍价进一步上涨，并暂停了镍金属交易，直至项光达与合作银行达成协议方才恢复。</p><p>受此影响，项光达的交易对手损失达数十亿美元，自然对伦敦金属交易所感到无比愤怒。在危机爆发数月之后的今天，伦敦金属交易所官司缠身、不断遭受调查，而镍金属市场也仍未恢复元气。</p><p>对冲基金集团AQR Capital Management的创始人克利夫·阿斯内斯在推特（Twitter）上发了一条充满讽刺意味的推文：“很高兴看到摩根大通和‘大佬’可以几乎毫发无损的全身而退，真是一个暖心的故事。”</p><p>这是一篇有关项光达如何从这场扰动全球金属市场的逼空大战中脱身的故事，在撰写这篇文章的过程里，我们采访了诸多亲历者，相关人士均要求匿名。对于我们发出的多次置评请求，青山集团均未作回应。</p><p><b>逼空大战</b></p><p>2021年年底至2022年年初，项光达买入了大量空头头寸，一方面为对冲风险，一方面是认为青山集团的大幅增产将会拉低镍价。但在俄乌冲突爆发后，全球市场出现震动，镍价开始攀升，起初增幅还较温和，随后进入暴走模式，两天飙升250%。</p><p>3月8日晚，一众资深银行家涌入青山集团总部，要求项光达就当前局势给出答复。无法到现场的则纷纷从伦敦或新加坡打来视频电话。在到场的银行家中，有些直到第二天上午才离开。</p><p>由于项光达持有的空头头寸涉及约十家银行和经纪商，所以当天晚上来了很多人（多年以来，青山集团一直是摩根大通等机构的优质客户）。但在3月7日镍价开始飙升之后，青山集团已经很难满足追加保证金的要求。当时，项光达欠各家机构的资金均已达到上亿美元。</p><p>在镍价触及10万美元几个小时之后，伦敦金属交易所最终选择出手干预市场，叫停镍金属交易。不仅如此，伦敦金属交易所还取消了数十亿美元的交易，将镍价拉回前一天收盘时的48078美元——项光达和青山集团的生命线。</p><p>为重启市场，伦敦金属交易所提出了一个解决方案：项光达应与多方达成协议，并按协议价平仓。但5万美元左右的价格相当于项光达买入空头头寸时的价格的两倍有余，如果接受这一提议，项光达就将损失数十亿美元。</p><blockquote>俄乌冲突爆发后，全球市场出现震动，镍价开始攀升，起初增幅还较温和，随后进入暴走模式，两天飙升250%。</blockquote><p>现年60岁出头的项光达坚决不同意接受这一方案。起家于温州的项光达，从生产汽车门窗框架开始，一步步将青山集团建设成为全球最大的镍金属和不锈钢生产商，其商业帝国版图辽阔，从中国东部沿海地区的钢铁厂一直延伸到印度尼西亚偏远岛屿上的矿山。在缔造这一帝国的过程中，他为自己赢得了“富于远见”和“喜押重注”的名声。</p><p>在此之前，项光达也曾经引起过伦敦金属交易所的注意，2019年，青山集团身处逼空战的另一方，当时，该集团从伦敦金属交易所撤出了大量镍库存，导致镍价大涨。</p><p>这一次，项光达激进交易手法造成的影响比上一次要深远得多。</p><p>镍价飙升、交易冻结对下游公司（例如不锈钢工厂和电动汽车电池制造商）造成了巨大冲击，有些干脆不再接受新订单。在伦敦金属交易所这边，交易商们竭力从那些无力支付的客户处收回欠缴的追加保证金，至少有一家公司不得不向母公司寻求资金支持。</p><p>但在整个行业空前混乱的情况下，（3月9日凌晨仍然在面对其合作的银行家的）项光达拥有一个关键优势，那就是其他人比他更为恐惧。</p><p>如果项光达拒不还钱，则债主们就将只能在印度尼西亚和中国的法院对其进行追索。此外，项光达是通过一系列公司实体进行的相关镍金属交易，比如电池制造商——瑞普能源有限公司的香港分公司，当时上述银行甚至不清楚自己是否有权没收青山集团最有价值的那部分资产。</p><p>当时在场的一位人士回忆道，那些银行家很清楚，如果与项光达的交易出现问题，他们的职业生涯也就完了。</p><p>风险敞口最大的摩根大通扮演了领导者的角色。涉足相关交易的银行包括渣打银行（Standard Chartered Bank Plc）和法国巴黎银行（BNP Paribas SA）等一些国际机构，但也有许多是中国和新加坡的银行，后者几乎没有处理这种情况的经验。</p><p><b>个人担保</b></p><p>项光达告诉聚在自己办公室的银行家，他丝毫无意在5万美元价格附近平仓。几个小时后，他向伦敦金属交易所的首席执行官马修·张伯伦传达了同样的信息。他说，青山集团实力雄厚，（在这件事情上）不会让步。</p><p>相反，项光达列出了一份自己愿意用作抵押的资产清单：若干位于印度尼西亚的镍铁工厂。但对部分在场的银行家来说，这种抵押不足以让他们安心。受新冠疫情影响，未来几周甚至几个月的时间里他们都无法对这些位于印度尼西亚的资产进行任何尽职调查，即便那些与青山集团合作非常密切的合作伙伴也已经多年未造访过这些工厂。</p><p>因此，项光达再次让步，决定提供个人担保，如果青山集团未能偿付欠款，银行家们就可以将其赶出家门，此种做法不仅意味着项光达要拿出个人财富作为抵押，还是一种中国文化上放低姿态的表示，这也是他最后开出的条件，如果不接受就意味着谈判破裂。</p><p>银行家们并没有太多的选择。3月14日，在镍市陷入混乱一周之后，青山集团宣布与相关银行达成协议，根据协议，银行同意在一段时间内不再追究该公司所欠的数十亿美元债务。作为交换，项光达同意，在镍价跌到3万美元以下后，将在一系列位置进行减仓。</p><p>两天后，镍市重启，价格走低，项光达和相关银行的压力有所减轻。此后，镍价一度跌破3万美元，青山集团也趁机减持了约20%的空头头寸。</p><p>而伦敦金属交易所面临的压力却有增无减。相关监管机构开始对该交易所的治理和监管工作进行审查。美国达拉斯联邦储备银行（Dallas Federal Reserve）和国际货币基金组织（International Monetary Fund）加入了声讨伦敦金属交易所的大军，许多对冲基金也对伦敦金属交易所取消交易的决定感到愤怒不已。</p><p>掌管着67亿美元资金的荷兰算法基金Transtrend表示：“在我们意识到真正发生了什么的时候，我们感觉以后再也不能把客户的钱委托给伦敦金属交易所了。”随着交易商纷纷离场，该交易所六大主要金属合约的可用库存降至十多年以来的最低水平。</p><p>青山集团及其合作银行每个月都会对双方达成的暂停还款协议进行审查。在最初的下跌之后，镍价有很长时间一直在33000美元左右徘徊。</p><p>那段时间，双方都绷紧了神经。由于当时青山集团仍然持有大量空头头寸，一旦镍价再次上涨（例如对俄制裁导致镍供应中断，截至目前尚未出现这种情况），青山集团及其合作银行仍然可能面临巨额亏损。</p><p>最后，在5月，由于中国的封控措施令金属市场热度大减，镍价跌穿3万美元的关键位置。此后几周，青山将其空头头寸（3月初曾经超过15万吨）减持至6万吨。</p><p>此时的镍价已经低于3月初青山集团停止追加保证金时的水平，也就是说，项光达与其合作银行间已经没有任何债务关系。于是他提议取消双方协议中个人担保的部分，认为相关规定是其身处财务困境时的无奈之举。部分合作银行愿意让步，但摩根大通表示反对，最终，双方同意，减少用作抵押的镍厂数量，但项光达仍然需要提供个人担保。摩根大通发言人拒绝对此事予以置评。</p><p>还有其他一些迹象也表明，这场危机已经损害了项光达与其合作银行之间的关系。今年6月，由于全球市场担心经济陷入衰退，项光达的空头头寸似乎将迎来转机。于是项光达要求合作银行给他一些灵活性，允许他不在协议到期时平仓，延长空头头寸持有时间。该请求再次遭到摩根大通拒绝。截至6月底，项光达已经完全平仓其在摩根大通及其他几家银行开立的头寸，剩余的空头头寸已经不到2万吨。</p><p>据知情人士估计，青山集团在相关交易中的损失约为10亿美元。对此，项光达并不在意。他手下的镍矿业务在这段时间产生的利润基本能够弥补上述亏损。相关暂停还款协议的期限原为三个月，经项光达延期后，将于7月中旬到期。</p><p>现在，“大佬”已经开始了全新生活，专注于规划青山集团（该集团去年营收达到560亿美元）的未来。至少就目前而言，他或许无法再像过去那样在伦敦金属交易所呼风唤雨，但他仍然可以在上海期货交易所进行交易。项光达仍然抱有扩张野心，不仅想在亚洲再进一步，还将目光投向了广袤的非洲大地。青山集团对镍金属市场的影响力一如既往，正如他预测的那样，镍价是否走低在相当程度上取决于其印度尼西亚工厂是否大幅增产。</p><p>不过，虽然项光达已经开启了人生的新篇章，但伦敦金属交易所仍然在收拾残局。监管机构指出，镍市出现混乱局面表明，大宗商品市场存有潜在风险，并呼吁加强对整个行业的监管。对冲基金——埃利奥特投资管理公司（Elliot Investment Management）和交易公司Jane Street已经对伦敦金属交易所发起诉讼，要求后者赔偿近5亿美元损失。</p><p>相关人士表示，镍市元气目前仍未恢复，由于许多交易商不再在合约中使用伦敦金属交易所价格，未平仓合约和交易量均远低于此前水平。据资深镍金属市场观察家、Red Door Research Ltd.的董事总经理吉姆·伦农估计，目前全球的镍产量中，只有不到25%以伦敦金属交易所价格出售，而在3月危机爆发前，这一数字为50%。</p><p>他说：“许多业内人士已经暂时退出伦敦金属交易所。目前市场仍在运转，只是情况不容乐观。”</p></body></html>","source":"lsy1651116200640","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>逼空大战中，青山集团全身而退的秘密</title>\n<style 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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逼空大战中，青山集团全身而退的秘密\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-17 09:46 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/79M5pjqy-rDZuQBH2_A6gQ><strong> 财富FORTUNE</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>北京时间3月8日下午2点08分，事态已经非常明朗，项光达重金押注镍价下跌的做法大错而特错。彼时，镍期货价格刚刚飙升至每吨10万美元以上，项光达的账面损失超过100亿美元。在这种规模的亏损面前，不仅项光达的公司面临破产危机，甚至整个金属行业都有可能受到冲击，一如当年的雷曼兄弟（Lehman Brothers）事件，伦敦金属交易所（London Metal Exchange）本身也可能因为这起事件而...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/79M5pjqy-rDZuQBH2_A6gQ\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a97f9d1022f75d1251343572e4f4b52b","relate_stocks":{},"source_url":"https://mp.weixin.qq.com/s/79M5pjqy-rDZuQBH2_A6gQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165343748","content_text":"北京时间3月8日下午2点08分，事态已经非常明朗，项光达重金押注镍价下跌的做法大错而特错。彼时，镍期货价格刚刚飙升至每吨10万美元以上，项光达的账面损失超过100亿美元。在这种规模的亏损面前，不仅项光达的公司面临破产危机，甚至整个金属行业都有可能受到冲击，一如当年的雷曼兄弟（Lehman Brothers）事件，伦敦金属交易所（London Metal Exchange）本身也可能因为这起事件而灰飞烟灭。但项光达却很平静。在短短几个小时之内，已经有50多名银行家来到他的办公室，想听听他打算如何应对这场危机。他的回答很简单：“我相信我们能够战胜这场危机。”而他也确实做到了。四个月之后的今天，镍价确实出现了下跌，一如项光达此前的预测。以摩根大通（JPMorgan Chase & Co.）为首、磨刀霍霍的银行集团也拿到了自己的报偿。据熟悉项光达的人士透露，他已经平仓几乎所有的镍空头头寸，亏损约为10亿美元，考虑到他的商业帝国在其他方面获得的收益，这个数字尚在其承受范围之内。至关重要的是：以“大佬”绰号闻名中国大宗商品圈的项光达即将从这场危机中全身而退，他旗下价值数十亿美元的矿业和炼钢公司——青山控股集团不仅完好无损，甚至还实现了进一步扩张。虽然对项光达而言，这场危机已经是过眼云烟，有人却不得不留下来替他收拾剩下的烂摊子。项光达之所以能够逃出生天，伦敦金属交易所功不可没，面对重重质疑，该机构毅然出手干涉市场，阻止镍价进一步上涨，并暂停了镍金属交易，直至项光达与合作银行达成协议方才恢复。受此影响，项光达的交易对手损失达数十亿美元，自然对伦敦金属交易所感到无比愤怒。在危机爆发数月之后的今天，伦敦金属交易所官司缠身、不断遭受调查，而镍金属市场也仍未恢复元气。对冲基金集团AQR Capital Management的创始人克利夫·阿斯内斯在推特（Twitter）上发了一条充满讽刺意味的推文：“很高兴看到摩根大通和‘大佬’可以几乎毫发无损的全身而退，真是一个暖心的故事。”这是一篇有关项光达如何从这场扰动全球金属市场的逼空大战中脱身的故事，在撰写这篇文章的过程里，我们采访了诸多亲历者，相关人士均要求匿名。对于我们发出的多次置评请求，青山集团均未作回应。逼空大战2021年年底至2022年年初，项光达买入了大量空头头寸，一方面为对冲风险，一方面是认为青山集团的大幅增产将会拉低镍价。但在俄乌冲突爆发后，全球市场出现震动，镍价开始攀升，起初增幅还较温和，随后进入暴走模式，两天飙升250%。3月8日晚，一众资深银行家涌入青山集团总部，要求项光达就当前局势给出答复。无法到现场的则纷纷从伦敦或新加坡打来视频电话。在到场的银行家中，有些直到第二天上午才离开。由于项光达持有的空头头寸涉及约十家银行和经纪商，所以当天晚上来了很多人（多年以来，青山集团一直是摩根大通等机构的优质客户）。但在3月7日镍价开始飙升之后，青山集团已经很难满足追加保证金的要求。当时，项光达欠各家机构的资金均已达到上亿美元。在镍价触及10万美元几个小时之后，伦敦金属交易所最终选择出手干预市场，叫停镍金属交易。不仅如此，伦敦金属交易所还取消了数十亿美元的交易，将镍价拉回前一天收盘时的48078美元——项光达和青山集团的生命线。为重启市场，伦敦金属交易所提出了一个解决方案：项光达应与多方达成协议，并按协议价平仓。但5万美元左右的价格相当于项光达买入空头头寸时的价格的两倍有余，如果接受这一提议，项光达就将损失数十亿美元。俄乌冲突爆发后，全球市场出现震动，镍价开始攀升，起初增幅还较温和，随后进入暴走模式，两天飙升250%。现年60岁出头的项光达坚决不同意接受这一方案。起家于温州的项光达，从生产汽车门窗框架开始，一步步将青山集团建设成为全球最大的镍金属和不锈钢生产商，其商业帝国版图辽阔，从中国东部沿海地区的钢铁厂一直延伸到印度尼西亚偏远岛屿上的矿山。在缔造这一帝国的过程中，他为自己赢得了“富于远见”和“喜押重注”的名声。在此之前，项光达也曾经引起过伦敦金属交易所的注意，2019年，青山集团身处逼空战的另一方，当时，该集团从伦敦金属交易所撤出了大量镍库存，导致镍价大涨。这一次，项光达激进交易手法造成的影响比上一次要深远得多。镍价飙升、交易冻结对下游公司（例如不锈钢工厂和电动汽车电池制造商）造成了巨大冲击，有些干脆不再接受新订单。在伦敦金属交易所这边，交易商们竭力从那些无力支付的客户处收回欠缴的追加保证金，至少有一家公司不得不向母公司寻求资金支持。但在整个行业空前混乱的情况下，（3月9日凌晨仍然在面对其合作的银行家的）项光达拥有一个关键优势，那就是其他人比他更为恐惧。如果项光达拒不还钱，则债主们就将只能在印度尼西亚和中国的法院对其进行追索。此外，项光达是通过一系列公司实体进行的相关镍金属交易，比如电池制造商——瑞普能源有限公司的香港分公司，当时上述银行甚至不清楚自己是否有权没收青山集团最有价值的那部分资产。当时在场的一位人士回忆道，那些银行家很清楚，如果与项光达的交易出现问题，他们的职业生涯也就完了。风险敞口最大的摩根大通扮演了领导者的角色。涉足相关交易的银行包括渣打银行（Standard Chartered Bank Plc）和法国巴黎银行（BNP Paribas SA）等一些国际机构，但也有许多是中国和新加坡的银行，后者几乎没有处理这种情况的经验。个人担保项光达告诉聚在自己办公室的银行家，他丝毫无意在5万美元价格附近平仓。几个小时后，他向伦敦金属交易所的首席执行官马修·张伯伦传达了同样的信息。他说，青山集团实力雄厚，（在这件事情上）不会让步。相反，项光达列出了一份自己愿意用作抵押的资产清单：若干位于印度尼西亚的镍铁工厂。但对部分在场的银行家来说，这种抵押不足以让他们安心。受新冠疫情影响，未来几周甚至几个月的时间里他们都无法对这些位于印度尼西亚的资产进行任何尽职调查，即便那些与青山集团合作非常密切的合作伙伴也已经多年未造访过这些工厂。因此，项光达再次让步，决定提供个人担保，如果青山集团未能偿付欠款，银行家们就可以将其赶出家门，此种做法不仅意味着项光达要拿出个人财富作为抵押，还是一种中国文化上放低姿态的表示，这也是他最后开出的条件，如果不接受就意味着谈判破裂。银行家们并没有太多的选择。3月14日，在镍市陷入混乱一周之后，青山集团宣布与相关银行达成协议，根据协议，银行同意在一段时间内不再追究该公司所欠的数十亿美元债务。作为交换，项光达同意，在镍价跌到3万美元以下后，将在一系列位置进行减仓。两天后，镍市重启，价格走低，项光达和相关银行的压力有所减轻。此后，镍价一度跌破3万美元，青山集团也趁机减持了约20%的空头头寸。而伦敦金属交易所面临的压力却有增无减。相关监管机构开始对该交易所的治理和监管工作进行审查。美国达拉斯联邦储备银行（Dallas Federal Reserve）和国际货币基金组织（International Monetary Fund）加入了声讨伦敦金属交易所的大军，许多对冲基金也对伦敦金属交易所取消交易的决定感到愤怒不已。掌管着67亿美元资金的荷兰算法基金Transtrend表示：“在我们意识到真正发生了什么的时候，我们感觉以后再也不能把客户的钱委托给伦敦金属交易所了。”随着交易商纷纷离场，该交易所六大主要金属合约的可用库存降至十多年以来的最低水平。青山集团及其合作银行每个月都会对双方达成的暂停还款协议进行审查。在最初的下跌之后，镍价有很长时间一直在33000美元左右徘徊。那段时间，双方都绷紧了神经。由于当时青山集团仍然持有大量空头头寸，一旦镍价再次上涨（例如对俄制裁导致镍供应中断，截至目前尚未出现这种情况），青山集团及其合作银行仍然可能面临巨额亏损。最后，在5月，由于中国的封控措施令金属市场热度大减，镍价跌穿3万美元的关键位置。此后几周，青山将其空头头寸（3月初曾经超过15万吨）减持至6万吨。此时的镍价已经低于3月初青山集团停止追加保证金时的水平，也就是说，项光达与其合作银行间已经没有任何债务关系。于是他提议取消双方协议中个人担保的部分，认为相关规定是其身处财务困境时的无奈之举。部分合作银行愿意让步，但摩根大通表示反对，最终，双方同意，减少用作抵押的镍厂数量，但项光达仍然需要提供个人担保。摩根大通发言人拒绝对此事予以置评。还有其他一些迹象也表明，这场危机已经损害了项光达与其合作银行之间的关系。今年6月，由于全球市场担心经济陷入衰退，项光达的空头头寸似乎将迎来转机。于是项光达要求合作银行给他一些灵活性，允许他不在协议到期时平仓，延长空头头寸持有时间。该请求再次遭到摩根大通拒绝。截至6月底，项光达已经完全平仓其在摩根大通及其他几家银行开立的头寸，剩余的空头头寸已经不到2万吨。据知情人士估计，青山集团在相关交易中的损失约为10亿美元。对此，项光达并不在意。他手下的镍矿业务在这段时间产生的利润基本能够弥补上述亏损。相关暂停还款协议的期限原为三个月，经项光达延期后，将于7月中旬到期。现在，“大佬”已经开始了全新生活，专注于规划青山集团（该集团去年营收达到560亿美元）的未来。至少就目前而言，他或许无法再像过去那样在伦敦金属交易所呼风唤雨，但他仍然可以在上海期货交易所进行交易。项光达仍然抱有扩张野心，不仅想在亚洲再进一步，还将目光投向了广袤的非洲大地。青山集团对镍金属市场的影响力一如既往，正如他预测的那样，镍价是否走低在相当程度上取决于其印度尼西亚工厂是否大幅增产。不过，虽然项光达已经开启了人生的新篇章，但伦敦金属交易所仍然在收拾残局。监管机构指出，镍市出现混乱局面表明，大宗商品市场存有潜在风险，并呼吁加强对整个行业的监管。对冲基金——埃利奥特投资管理公司（Elliot Investment Management）和交易公司Jane Street已经对伦敦金属交易所发起诉讼，要求后者赔偿近5亿美元损失。相关人士表示，镍市元气目前仍未恢复，由于许多交易商不再在合约中使用伦敦金属交易所价格，未平仓合约和交易量均远低于此前水平。据资深镍金属市场观察家、Red Door Research Ltd.的董事总经理吉姆·伦农估计，目前全球的镍产量中，只有不到25%以伦敦金属交易所价格出售，而在3月危机爆发前，这一数字为50%。他说：“许多业内人士已经暂时退出伦敦金属交易所。目前市场仍在运转，只是情况不容乐观。”","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":178218736,"gmtCreate":1626823330425,"gmtModify":1703765732001,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/178218736","repostId":"2152693458","repostType":4,"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034042392,"gmtCreate":1647741825667,"gmtModify":1676534262112,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Yes&nbsp;","listText":"Yes&nbsp;","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034042392","repostId":"2220772443","repostType":4,"repost":{"id":"2220772443","kind":"highlight","pubTimestamp":1647668140,"share":"https://ttm.financial/m/news/2220772443?lang=&edition=fundamental","pubTime":"2022-03-19 13:35","market":"us","language":"en","title":"Stagflation Is Raising the Risk of `Lost Decade' for 60/40 Portfolio of Stocks and Bonds, Goldman Sachs Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2220772443","media":"MarketWatch","summary":"‘The demise of the 60/40 portfolio has been a long time coming, and it’s finally here,’ says John Si","content":"<html><head></head><body><p>‘The demise of the 60/40 portfolio has been a long time coming, and it’s finally here,’ says John Silvia  of Dynamic Economic Strategy</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e6b6710679b3aae2d6e541f6cc271d9a\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Motorists lined up on Thursday for free gas at a filling station in the Humboldt Park neighborhood of Chicago after businessman Willie Wilson promised to give away $200,000 in gas at a variety of stations.</span></p><p>Rising stagflation risks in the U.S. and Europe are raising the possibility of a “lost decade” for the 60/40 portfolio mix of stocks and bonds, historically seen as a reliable investing choice for those with moderate risk appetites.</p><p>Such a “lost decade” is defined as an extended period of poor real returns, says Goldman Sachs Group Inc. portfolio strategist Christian Mueller-Glissmann and his colleagues Cecilia Mariotti and Andrea Ferrario. Since the start of 2022, 60/40 portfolios in the U.S. and Europe are down more than 10% in real terms, the Goldman team wrote in a note released Friday.</p><p>Risks of slower growth plus inflation are being amplified by the ongoing the conflict between Russia and Ukraine, and are already taking a toll on many investors. The three major U.S. stock indexes are off by 5% to 12% this year, with the tech-heavy Nasdaq Composite dropping the most. Meanwhile, bonds are also having a rough time — with the 10-year Treasury note putting in its worst year-over-year performance since 2013 as of Thursday, which has pushed its yield above 2.1%. That’s diminished the performance of the 60% allocation to equities and 40% allocation to bonds.</p><p>Signs of stagflation worries are evident in rates markets. The 10-year U.S. breakeven inflation rate, a gauge of inflation expectations, has reached its highest level since the 1990s, according to Goldman Sachs. Meanwhile, inflation-adjusted real yields remain near their lowest levels in decades, reflecting pessimism about economic growth in coming years. And the widely followed spread between 2-year and 10-year Treasury yields is inching its way closer to an inversion, typically a harbinger of recession.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8d9f2a175dd3688f27a4dc2f91b128cc\" tg-width=\"700\" tg-height=\"434\" referrerpolicy=\"no-referrer\"/><span>Datastream, Haver Analytics, Goldman Sachs Global Investment Research</span></p><p>“The No. 1 problem with the 60/40 portfolio is that the pace of inflation means real returns on the bond side will be negative,” said John Silvia, founder and chief executive of Dynamic Economic Strategy in Captiva Island, Fla. “And slower economic growth means slower profit growth, which means the stock side of the portfolio gets hit as well.”</p><p>“So the total portfolio performance will probably be disappointing relative to past years, and it could entirely last a full decade,” Silvia said via phone. “The reason is that you’ve had arbitrarily low interest rates for four to five years, and a lot of speculation in the marketplace with people reaching for yield. The demise of the 60/40 portfolio has been a long time coming, and it’s finally here.”</p><p>The lost decade envisioned by Goldman Sachs marks a turnabout from the last cycle, which benefited from what Mueller-Glissmann and colleagues call a “structural ‘Goldilocks’ regime.” That’s when low inflation and real rates boosted valuations and profit growth, despite relatively weak economic growth. Equities and bonds each performed well side-by-side — with real returns on the 60/40 mix coming in at roughly 7% to 8% each year during the last cycle, compared with a 5% long-run average, they said.</p><p>The thinking behind the 60/40 mix in the first place has been the notion that bonds can act as ballast to the riskiness inherent in equities. Private pension plans are one investor category that has continued to cling to the mix and have “rarely deviated from it,” according to Deutsche Bank researchers.</p><p>But lost decades are more common than many think, according to Mueller-Glissmann, Mariotti and Ferrario. They’ve occurred during World War I, World War II and the 1970s — following strong bull markets marked by elevated valuations. And the likelihood of a lost decade rises in the face of stagflation, they said.</p><p>The following chart reflects 1-year and 10-year drawdowns in the 60/40 portfolio through the decades.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a7e753dbfc786ce88d4949a0efd9828b\" tg-width=\"700\" tg-height=\"367\" referrerpolicy=\"no-referrer\"/><span>Datastream, Haver Analytics, Goldman Sachs Global Investment Research</span></p><p>A combination of other investments can help reduce the risk of another 60/40 lost decade for investors, the Goldman team said. They include allocations to “real assets” such as commodities, real estate and infrastructure, as well as greater diversification in overseas markets. Investors should also consider value and high-dividend-yielding stocks, as well as convertible bonds, according to Goldman.</p><p>To be sure, not everyone’s on board with the idea of a prolonged period of poor 60/40 returns. Thomas Salopek, a strategist at JPMorgan Chase &amp; Co. who warned in January that the 60/40 mix was “in danger,” says he thinks the U.S. will avoid actual stagflation. “We believe,” he said, “there will be no lost decade for the 60/40.”</p><p>“For now, the environment is still high growth and high inflation,” he wrote in an email to MarketWatch on Friday. With yields historically rising during a Fed rate-hike cycle, “there is a healthy stock vs. bond risk premium that can finally be harvested as risk aversion recedes. So stock outperformance should more than make up for bond weakness, once risk appetite recovers.”</p><p>On Friday, Treasury yields turned mixed as investors factored in the prospects of slower growth.</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stagflation Is Raising the Risk of `Lost Decade' for 60/40 Portfolio of Stocks and Bonds, Goldman Sachs Says</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\">\nStagflation Is Raising the Risk of `Lost Decade' for 60/40 Portfolio of Stocks and Bonds, Goldman Sachs Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-19 13:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stagflation-is-raising-the-risk-of-lost-decade-for-60-40-portfolio-of-stocks-and-bonds-goldman-sachs-says-11647624998?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘The demise of the 60/40 portfolio has been a long time coming, and it’s finally here,’ says John Silvia  of Dynamic Economic StrategyMotorists lined up on Thursday for free gas at a filling station ...</p>\n\n<a href=\"https://www.marketwatch.com/story/stagflation-is-raising-the-risk-of-lost-decade-for-60-40-portfolio-of-stocks-and-bonds-goldman-sachs-says-11647624998?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/stagflation-is-raising-the-risk-of-lost-decade-for-60-40-portfolio-of-stocks-and-bonds-goldman-sachs-says-11647624998?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2220772443","content_text":"‘The demise of the 60/40 portfolio has been a long time coming, and it’s finally here,’ says John Silvia  of Dynamic Economic StrategyMotorists lined up on Thursday for free gas at a filling station in the Humboldt Park neighborhood of Chicago after businessman Willie Wilson promised to give away $200,000 in gas at a variety of stations.Rising stagflation risks in the U.S. and Europe are raising the possibility of a “lost decade” for the 60/40 portfolio mix of stocks and bonds, historically seen as a reliable investing choice for those with moderate risk appetites.Such a “lost decade” is defined as an extended period of poor real returns, says Goldman Sachs Group Inc. portfolio strategist Christian Mueller-Glissmann and his colleagues Cecilia Mariotti and Andrea Ferrario. Since the start of 2022, 60/40 portfolios in the U.S. and Europe are down more than 10% in real terms, the Goldman team wrote in a note released Friday.Risks of slower growth plus inflation are being amplified by the ongoing the conflict between Russia and Ukraine, and are already taking a toll on many investors. The three major U.S. stock indexes are off by 5% to 12% this year, with the tech-heavy Nasdaq Composite dropping the most. Meanwhile, bonds are also having a rough time — with the 10-year Treasury note putting in its worst year-over-year performance since 2013 as of Thursday, which has pushed its yield above 2.1%. That’s diminished the performance of the 60% allocation to equities and 40% allocation to bonds.Signs of stagflation worries are evident in rates markets. The 10-year U.S. breakeven inflation rate, a gauge of inflation expectations, has reached its highest level since the 1990s, according to Goldman Sachs. Meanwhile, inflation-adjusted real yields remain near their lowest levels in decades, reflecting pessimism about economic growth in coming years. And the widely followed spread between 2-year and 10-year Treasury yields is inching its way closer to an inversion, typically a harbinger of recession.Datastream, Haver Analytics, Goldman Sachs Global Investment Research“The No. 1 problem with the 60/40 portfolio is that the pace of inflation means real returns on the bond side will be negative,” said John Silvia, founder and chief executive of Dynamic Economic Strategy in Captiva Island, Fla. “And slower economic growth means slower profit growth, which means the stock side of the portfolio gets hit as well.”“So the total portfolio performance will probably be disappointing relative to past years, and it could entirely last a full decade,” Silvia said via phone. “The reason is that you’ve had arbitrarily low interest rates for four to five years, and a lot of speculation in the marketplace with people reaching for yield. The demise of the 60/40 portfolio has been a long time coming, and it’s finally here.”The lost decade envisioned by Goldman Sachs marks a turnabout from the last cycle, which benefited from what Mueller-Glissmann and colleagues call a “structural ‘Goldilocks’ regime.” That’s when low inflation and real rates boosted valuations and profit growth, despite relatively weak economic growth. Equities and bonds each performed well side-by-side — with real returns on the 60/40 mix coming in at roughly 7% to 8% each year during the last cycle, compared with a 5% long-run average, they said.The thinking behind the 60/40 mix in the first place has been the notion that bonds can act as ballast to the riskiness inherent in equities. Private pension plans are one investor category that has continued to cling to the mix and have “rarely deviated from it,” according to Deutsche Bank researchers.But lost decades are more common than many think, according to Mueller-Glissmann, Mariotti and Ferrario. They’ve occurred during World War I, World War II and the 1970s — following strong bull markets marked by elevated valuations. And the likelihood of a lost decade rises in the face of stagflation, they said.The following chart reflects 1-year and 10-year drawdowns in the 60/40 portfolio through the decades.Datastream, Haver Analytics, Goldman Sachs Global Investment ResearchA combination of other investments can help reduce the risk of another 60/40 lost decade for investors, the Goldman team said. They include allocations to “real assets” such as commodities, real estate and infrastructure, as well as greater diversification in overseas markets. Investors should also consider value and high-dividend-yielding stocks, as well as convertible bonds, according to Goldman.To be sure, not everyone’s on board with the idea of a prolonged period of poor 60/40 returns. Thomas Salopek, a strategist at JPMorgan Chase & Co. who warned in January that the 60/40 mix was “in danger,” says he thinks the U.S. will avoid actual stagflation. “We believe,” he said, “there will be no lost decade for the 60/40.”“For now, the environment is still high growth and high inflation,” he wrote in an email to MarketWatch on Friday. With yields historically rising during a Fed rate-hike cycle, “there is a healthy stock vs. bond risk premium that can finally be harvested as risk aversion recedes. So stock outperformance should more than make up for bond weakness, once risk appetite recovers.”On Friday, Treasury yields turned mixed as investors factored in the prospects of slower growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960556266,"gmtCreate":1668214116355,"gmtModify":1676538029044,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960556266","repostId":"2282487556","repostType":4,"repost":{"id":"2282487556","kind":"highlight","pubTimestamp":1668213017,"share":"https://ttm.financial/m/news/2282487556?lang=&edition=fundamental","pubTime":"2022-11-12 08:30","market":"us","language":"en","title":"Nvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration","url":"https://stock-news.laohu8.com/highlight/detail?id=2282487556","media":"Seeking Alpha","summary":"SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-","content":"<html><head></head><body><h2>Summary</h2><ul><li>Nvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential &#34;dovish response from the Fed&#34;.</li><li>The stock&#39;s recent gains as a result of mitigating strategies taken against the newly imposed export restrictions to China is also welcome news, underscoring investors&#39; confidence in Nvidia&#39;s longer-term prospects.</li><li>Yet, mounting macroeconomic uncertainties still remain a large overhang on the stock&#39;s near-term performance, with renewed concerns of a crypto downturn adding complexity to the Nvidia stock&#39;s outlook.</li><li>The following analysis will walk through some of the latest developments in Nvidia&#39;s operating, macro and regulatory environment, and gauge their respective implications on the stock&#39;s near-term performance.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/821a26da6fd45d4119675770e348fdbe\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>Justin Sullivan</span></p><p>The better-than-expected CPI print for October unleashed a rally in both equities and credits on Thursday (November 10), with the tech-heavy Nasdaq 100 index adding close to $1 trillion in market cap over the span of one session. Nvidia (NASDAQ:NVDA) was one of the biggest gainers, staging a 14% intra-day rally to outperform the broader PHLX Semiconductor Index (SOX).</p><p>Signs of easing financial conditions is currently a core driver of investors’ confidence, which is corroborated by the strong intra-day gains observed during Thursday’s session. Yet, the broader market climate remains fragile, as the Fed’s monetary policy tightening trajectory has yet to peak, with consumer slowdown only now becoming more prevalent.</p><p>And specific to Nvidia, the company also faces operating challenges from worsening geopolitical tensions, though its recent release of the A800 data center GPUs exclusive to the Chinese market in compliance with U.S. regulatory requirements is a step in the right direction. But renewed crypto contagion fears are now sparking fresh concerns on the near-term performance of Nvidia’s GPU segment, which is already reeling from a broader decline in global PC demand this year.</p><p>Regardless of the near-term macro and industry-specific headwinds though, Nvidia’s robust one-day gain on Thursday underscores the strength of investors’ confidence in the stock still, given the underlying business’ positive potential in benefitting from longer-term advances stemming from its massive market share across high-growth verticals spanning high-performance computing (“HPC”) to AI-driven innovations like self-driving vehicles and the metaverse. With market conditions still choppy in the months ahead, the Nvidia stock’s latest rally is likely to fizzle, creating more compelling entry opportunities than its current valuation.</p><p><b>Macro Overview</b></p><p>The Federal Reserve maintained a hawkish tone after raising 75 bps for the fourth time consecutively this year in November as inflation remains far from the desired 2% target. With the October inflation print coming in better-than-expected, market participants are becoming more optimistic that the worst of rapid price increases this year are now behind, playing favorably to desires for a more dovish monetary policy trajectory and improving financial conditions ahead.</p><p>October headline CPI came in at 7.7%, softer than the average consensus estimate of 7.9%, marking the “smallest annual advance since the start of the year”. Meanwhile, core inflation – which strips the impact of volatile food and energy prices – came in at 6.3%, which is also a welcome improvement from consensus calls for 6.5%. Equities rallied across the board in response to the softer-than-expected inflation print, as it points to early signs of a structural slowdown in pricing increases that the Federal Reserve has been looking for before considering easing its monetary policy tightening plans. The latest improvement in pricing increases is supportive of the Fed’s planned rate hike for 50 bps in December, marking possibly the first deceleration in the pace of tightening since June.</p><p>Yet, any possibility of a sustained rally on signs of easing inflation and a potential Fed pivot remains remote. At 7.7%, current price increases remain far removed from the Fed’s desired 2% target, which aligns with Fed Chair Jerome Powell’s commentary earlier this month that the terminal rate could end up being higher than previously anticipated as tightening continues into restrictive territory to ensure inflation is contained. The remarks were further reinforced by Dallas Fed President Lorie Logan on Thursday (November 10):</p><blockquote>Today’s economic conditions are complex, but they can be summarized in five words: Inflation is much too high.</blockquote><blockquote>Not only is inflation far above the FOMC’s 2 percent target, but with aggregate demand continuing to outstrip supply, inflation has repeatedly come in higher than forecasters expected. This morning’s CPI [Consumer Price Index] data were a welcome relief, but there is still a long way to go.</blockquote><blockquote>Source: Federal Reserve Bank of Dallas</blockquote><p>What this effectively means is that the demand environment for Nvidia will continue to weaken, weighing on its near-term fundamental prospects. The stock’s valuation outlook over coming months will also remain volatile to changes in interest rates, which place a direct impact on multiples that dictate the value of the underlying business’ future prospects.</p><p>Specifically, on the fundamental front, continued rate hikes and “much too high” inflation implies tightening financial conditions over coming months, especially as ongoing deterioration in consumer sentiment this year now becomes materialized into a real decline in consumer purchasing power. Average personal savings in the U.S. have declined from 3.5% in the second quarter to 3.1% in the third quarter, a far-cry from the “five-year pre-COVID average of [approximately] 7.7%”. Consumers are also increasing reliance on credit card debt to sustain spending as purchasing power declines in the face of surging inflation – consumer credit card debt is now approaching the “pre-pandemic peak of $916 billion in September”, while “real average hourly earnings decreased in October and were down 2.8% from a year earlier… falling each month since April 2021” after adjusting for inflation.</p><p>Specific to Nvidia, weakening consumer spending is largely reflected through significant underperformance in its consumer-centric Gaming segment during the fiscal second quarter. And conditions have likely remained muted or worsened in the fiscal third quarter, as global PC demand continued on a rapid decline while discretionary purchases of consumer electronics remained stagnated.</p><p>And on the commercial front, which was previously regarded as relatively recession-resistant compared to the consumer end-market, spending has become more conscious as well based on commentary during the latest third quarter earnings season. Even resilient corporate cloud investments are showing signs of a slowdown or delay amid growing macroeconomic uncertainties, risking weakness in data center investments over the near-term, which would impact the performance of Nvidia’s star segment.</p><p>And on the valuation front, continued rate hikes are bound to further weigh on multiples. The value of high growth companies like Nvidia, with much of their prospects still being “far out in the future” are becoming increasingly susceptible to heavy discounting as a result of rising capital costs. This circles back to our earlier mention that any rally in the Nvidia stock observed as a result of the latest October inflation print will likely fizzle, as the double-whammy of valuation and fundamental challenges continue to play out over coming months.</p><p><b>Implications of the A800 Data Center GPU</b></p><p>Moving on from broader market headwinds, Nvidia is also facing industry-specific challenges stemming from intensifying U.S.-China relations as of late. As discussed in detail in our previous coverage on the stock, the latest ban imposed by the U.S. government on exports of advanced semiconductor technologies to China further complexes the operating backdrop for chip makers like Nvidia, which is already reeling from unraveling demand this year. The company had previously reiterated that it does not expect a material impact on its business as a result of the newly imposed restrictions, though the implementation of said export ban could result in a $400 million headwind to fiscal third quarter results.</p><p>In the latest development, Nvidia has confirmed the production of A800 data center GPUs made exclusively for the Chinese market in response to U.S. regulatory requirements. The A800 chips will be a direct replacement for the A100 that has been effectively banned from being exported to China. The A800 chips, which are also based on Nvidia’s Ampere architecture, will include three variants offering the same specs as the A100 chips. However, the “NVIDIA NVLink” technology implemented, which enables “seamless, high-speed communication between every GPU” within a system to facilitate the compute demands of increasingly complex AI and HPC workloads, will be downgraded from the A100’s standard 600GBps to 400GBps for the A800. The A800 has received regulatory clearance from the U.S. for export to China, with the hardware’s processing speed non-programmable to exceed the 400GBps cap, and thereby “limiting their usefulness” in HPC applications to restrict China’s military advancements. However, the company has yet to provide any immediate reprieve to restricted sales of the upcoming H100 Grace data center CPUs to China as a result of the new rules, which also relies on next-generation NVLink technology capable of at least 1.5x higher performance than existing Ampere-based processors.</p><p>As analyzed in our previous coverage, we expect Nvidia’s base case 12-month PT to hover around $150 and bull case 12-month PT of $160 as a result of the newly imposed export restrictions in addition to looming macroeconomic challenges. And the recent relief brought by the introduction of the A800 chips exclusive to the Chinese market – the largest source of semiconductor demand – is viewed as a positive development to support the stock’s potential leap beyond the base case PT and approach towards the near-term bull case PT. This is further corroborated by the stock’s intra-day leap of as much as 4% to reach the $150-level on November 8th upon announcement of the A800 chip which began productions in the fiscal third quarter, which was organic to positive investors’ sentiment on the news and separate from any positive macro development.</p><p><i>i. Bull Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/69a9f8803dc4cfc1a6531cd5970e6116\" tg-width=\"640\" tg-height=\"345\" width=\"100%\" height=\"auto\"/><span>Nvidia Bull Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ce58edfb1fd144ddb4958ce28aa3068\" tg-width=\"640\" tg-height=\"367\" width=\"100%\" height=\"auto\"/><span>Nvidia Bull Case PT (Author)</span></p><p><i>ii. Base Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a48b2c2079cc21eba075a71a080240c9\" tg-width=\"640\" tg-height=\"373\" width=\"100%\" height=\"auto\"/><span>Nvidia Base Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8c8bdcb85fdca3d00f2a79a9aa1f947\" tg-width=\"640\" tg-height=\"363\" width=\"100%\" height=\"auto\"/><span>Nvidia Base Case PT (Author)</span></p><p><i>iii. Bear Case Financial Forecast and Valuation Analysis:</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55fa52330c071632e4c5480164c6da69\" tg-width=\"640\" tg-height=\"358\" width=\"100%\" height=\"auto\"/><span>Nvidia Bear Case Financial Forecast (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d24c4b920c94cd1163561b799af23cb\" tg-width=\"640\" tg-height=\"357\" width=\"100%\" height=\"auto\"/><span>Nvidia Bear Case PT (Author)</span></p><p>However, the total elimination of Chinese demand for Nvidia’s best-selling A100 data center GPUs and H100 data center CPUs will remain an overhang on the company’s near-term fundamental performance. China is still the largest buyer of chips, and with Nvidia’s heavy reliance on HPC/data center sales to make-up for the near-term downturn in its consumer-centric segments, the company is still missing out on a chunk of market share that it would have otherwise been able to capitalize on if it were not for the newly imposed rules. Yet, we see the A800 as a positive development that will not only bring some partial relief to Nvidia’s near-term fundamental performance, but also an indicator of a potential equivalent for the company’s new foray in data center CPUs with its Hopper architecture. We see this as a probable implication for a potential clawback of revenue losses that were previously thought to be permanent due to the U.S.-imposed export curbs, which would be a plus to Nvidia’s near-term valuation prospects.</p><p><b>Implications of Crypto Contagion 2.0</b></p><p>As previously discussed, lingering crypto headwinds make another overhang that is harder to gauge on Nvidia’s near-term performance. Recall that a non-disclosed portion of Nvidia’s Gaming segment sales are driven by GPU demand from crypto mining, which has experienced a material slowdown this year following the Luna/Terra death spiral (UST-USD / LUNC-USD / LUNA-USD) in May and the Ethereum Merge (ETH-USD) that took place in September.</p><p>While cryptocurrencies saw some reprieve in prices in late October, earlier hopes of an emergence from the latest crypto winter have been stymied by the latest FTX wind-down. It has been a tumultuous week for crypto. The intensifying feud last weekend between Binance (BNB-USD) founder and CEO Changpeng “CZ” Zhao and FTX founder and CEO Sam Bankman-Fried following the former’s decision to liquidate its holdings in the latter’s FTT coins (FTT-USD) had rapidly turned into a liquidity crunch for FTX.com, which later turned into a potential bailout by Binance. And within 24 hours, the relief deal soured with Binance pulling out from the non-binding bailout agreement, and FTX facing bankruptcy risks. Contagion fears are also spreading like wild fire again, with BlockFi being the latest victim in the downward spiraling situation.</p><p>Cryptocurrencies have plummeted this week as a result of the latest drama unfolding in real-time within the digital assets industry. Even Thursday’s relief rally on the back of easing inflation signals failed to restore confidence in the risky asset, with Bitcoin prices dipping below $17,000 at one point. Many Bitcoin miners have already either sold their coins or mining equipment to raise cash needed to weather the protracted crypto winter, with some even halting expansion efforts as a pre-emptive measure against rising liquidity pressures:</p><blockquote>Contagion risks in cryptocurrencies, following on from the FTX-Alameda collapse, will take a long time to work through and the market remains vulnerable…We’re going to see definite lower volumes because people are going to hold back at this moment in time.</blockquote><blockquote>Source: Bloomberg</blockquote><p>While Nvidia’s latest release of the A800 chips and the broader market rally on signs of easing inflation this week have largely overshadowed potential contagion risks to demand for its gaming / crypto-mining GPUs, we see the latest crypto rout as a new bout of challenge on the chipmaker’s already-stagnate Gaming segment. As mentioned in the earlier section, Nvidia’s Gaming segment has already seen a significant decline in sales as a result of “softness in Europe related to the war in Ukraine and COVID lockdowns in China” that have been worsened by “lower units and lower ASPs” due to deteriorating macro conditions, and inadvertently, consumer demand. The latest crypto whiplash is likely to bring about further declines in crypto mining activity, thus adding to the Gaming segment’s near-term turmoil given an undisclosed portion of its sales are still linked to crypto mining demand.</p><p>In addition to a contagion impact from the recent crypto debacle on the Gaming segment’s sales, Nvidia also risks another write-off related to its inventory of crypto-mining processors, “CMP”. Although any related amount is not expected to place a material impact on its fundamental nor valuation prospects – for perspective, Nvidia had already reported a $1.32 billion CMP inventory write-down during the fiscal second quarter – it does not bode well for the company’s profit margins, nonetheless. This makes another near-term challenge to consider ahead of its upcoming fiscal third quarter earnings release, as investors’ preference shift towards profitability over growth ahead of an increasingly uncertain market climate.</p><p><b>Final Thoughts</b></p><p>As we have previously noted – when it rains, it pours for Nvidia. The near-term operating environment for the company remains a challenge, and the market backdrop for the stock’s near-term prospects continues to be turbulent. While the latest macro development pertaining to signs of easing inflation makes a positive point for valuation multiples, it is too soon to tell if the related rally is sustainable as price increases remain far out from the Fed’s 2% target. Continued Fed monetary policy tightening into restrictive territory to ensure inflation is under control for good means further deterioration in financial conditions ahead. And the recent easing observed in China’s stringent COVID Zero policies are also adding pressure to a tightening oil market – especially as the OPEC+ slashes production this month to prevent further price declines. With a potential return of demand from the world’s largest oil importer, the tightening oil market today is unlikely to handle such a sudden influx, adding to risks of a rebound in price pressures in the near-term, which corroborates continued hawkishness in the Fed’s policy agenda.</p><p>And while Nvidia’s recent introduction of the A800 is a step in the right direction to mitigate the impact of fraying U.S.-China relations, there is still work to be done to recoup the majority of lost revenues from other verticals as a result of the latest export restrictions. The latest crypto turmoil also brings renewed pressure on the company’s already-staggering Gaming segment.</p><p>Despite a cautious sentiment over Nvidia’s near-term outlook, the company remains well-positioned to capitalize on high-growth opportunities driven by secular demand across multiple verticals in which it specifically caters to over the longer-term. Nvidia’s offerings remain a critical backbone to almost every technology used across all daily life settings today and tomorrow, from HPC applications satisfying cloud-computing demand, to AI applications addressing nascent developments like autonomous mobility and the metaverse. The steadfast confidence in the company’s long-term bullishness is further evidenced by the Nvidia stock’s outsized gains on Thursday. Although further downturns in the stock are expected within the near-term to wipe-out its impressive intra-day gains observed this week, we view them as compelling risk-reward opportunities for longer-term upside potential ahead.</p><p><i>This article is written by </i><i>Livy Investment Research</i><i> for reference only. Please note the risks.</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>Nvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration</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; 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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\">\nNvidia: A800 Chips, Crypto Contagion 2.0, And Macro Deterioration\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-12 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential \"dovish response from the Fed\"....</p>\n\n<a href=\"https://seekingalpha.com/article/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration\">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/4556472-nvidia-a800-chips-crypto-contagion-and-macro-deterioration","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282487556","content_text":"SummaryNvidia stock staged a strong intra-day rally of 14% on Thursday after new data showed softer-than-expected price increases in October that harbingers a potential \"dovish response from the Fed\".The stock's recent gains as a result of mitigating strategies taken against the newly imposed export restrictions to China is also welcome news, underscoring investors' confidence in Nvidia's longer-term prospects.Yet, mounting macroeconomic uncertainties still remain a large overhang on the stock's near-term performance, with renewed concerns of a crypto downturn adding complexity to the Nvidia stock's outlook.The following analysis will walk through some of the latest developments in Nvidia's operating, macro and regulatory environment, and gauge their respective implications on the stock's near-term performance.Justin SullivanThe better-than-expected CPI print for October unleashed a rally in both equities and credits on Thursday (November 10), with the tech-heavy Nasdaq 100 index adding close to $1 trillion in market cap over the span of one session. Nvidia (NASDAQ:NVDA) was one of the biggest gainers, staging a 14% intra-day rally to outperform the broader PHLX Semiconductor Index (SOX).Signs of easing financial conditions is currently a core driver of investors’ confidence, which is corroborated by the strong intra-day gains observed during Thursday’s session. Yet, the broader market climate remains fragile, as the Fed’s monetary policy tightening trajectory has yet to peak, with consumer slowdown only now becoming more prevalent.And specific to Nvidia, the company also faces operating challenges from worsening geopolitical tensions, though its recent release of the A800 data center GPUs exclusive to the Chinese market in compliance with U.S. regulatory requirements is a step in the right direction. But renewed crypto contagion fears are now sparking fresh concerns on the near-term performance of Nvidia’s GPU segment, which is already reeling from a broader decline in global PC demand this year.Regardless of the near-term macro and industry-specific headwinds though, Nvidia’s robust one-day gain on Thursday underscores the strength of investors’ confidence in the stock still, given the underlying business’ positive potential in benefitting from longer-term advances stemming from its massive market share across high-growth verticals spanning high-performance computing (“HPC”) to AI-driven innovations like self-driving vehicles and the metaverse. With market conditions still choppy in the months ahead, the Nvidia stock’s latest rally is likely to fizzle, creating more compelling entry opportunities than its current valuation.Macro OverviewThe Federal Reserve maintained a hawkish tone after raising 75 bps for the fourth time consecutively this year in November as inflation remains far from the desired 2% target. With the October inflation print coming in better-than-expected, market participants are becoming more optimistic that the worst of rapid price increases this year are now behind, playing favorably to desires for a more dovish monetary policy trajectory and improving financial conditions ahead.October headline CPI came in at 7.7%, softer than the average consensus estimate of 7.9%, marking the “smallest annual advance since the start of the year”. Meanwhile, core inflation – which strips the impact of volatile food and energy prices – came in at 6.3%, which is also a welcome improvement from consensus calls for 6.5%. Equities rallied across the board in response to the softer-than-expected inflation print, as it points to early signs of a structural slowdown in pricing increases that the Federal Reserve has been looking for before considering easing its monetary policy tightening plans. The latest improvement in pricing increases is supportive of the Fed’s planned rate hike for 50 bps in December, marking possibly the first deceleration in the pace of tightening since June.Yet, any possibility of a sustained rally on signs of easing inflation and a potential Fed pivot remains remote. At 7.7%, current price increases remain far removed from the Fed’s desired 2% target, which aligns with Fed Chair Jerome Powell’s commentary earlier this month that the terminal rate could end up being higher than previously anticipated as tightening continues into restrictive territory to ensure inflation is contained. The remarks were further reinforced by Dallas Fed President Lorie Logan on Thursday (November 10):Today’s economic conditions are complex, but they can be summarized in five words: Inflation is much too high.Not only is inflation far above the FOMC’s 2 percent target, but with aggregate demand continuing to outstrip supply, inflation has repeatedly come in higher than forecasters expected. This morning’s CPI [Consumer Price Index] data were a welcome relief, but there is still a long way to go.Source: Federal Reserve Bank of DallasWhat this effectively means is that the demand environment for Nvidia will continue to weaken, weighing on its near-term fundamental prospects. The stock’s valuation outlook over coming months will also remain volatile to changes in interest rates, which place a direct impact on multiples that dictate the value of the underlying business’ future prospects.Specifically, on the fundamental front, continued rate hikes and “much too high” inflation implies tightening financial conditions over coming months, especially as ongoing deterioration in consumer sentiment this year now becomes materialized into a real decline in consumer purchasing power. Average personal savings in the U.S. have declined from 3.5% in the second quarter to 3.1% in the third quarter, a far-cry from the “five-year pre-COVID average of [approximately] 7.7%”. Consumers are also increasing reliance on credit card debt to sustain spending as purchasing power declines in the face of surging inflation – consumer credit card debt is now approaching the “pre-pandemic peak of $916 billion in September”, while “real average hourly earnings decreased in October and were down 2.8% from a year earlier… falling each month since April 2021” after adjusting for inflation.Specific to Nvidia, weakening consumer spending is largely reflected through significant underperformance in its consumer-centric Gaming segment during the fiscal second quarter. And conditions have likely remained muted or worsened in the fiscal third quarter, as global PC demand continued on a rapid decline while discretionary purchases of consumer electronics remained stagnated.And on the commercial front, which was previously regarded as relatively recession-resistant compared to the consumer end-market, spending has become more conscious as well based on commentary during the latest third quarter earnings season. Even resilient corporate cloud investments are showing signs of a slowdown or delay amid growing macroeconomic uncertainties, risking weakness in data center investments over the near-term, which would impact the performance of Nvidia’s star segment.And on the valuation front, continued rate hikes are bound to further weigh on multiples. The value of high growth companies like Nvidia, with much of their prospects still being “far out in the future” are becoming increasingly susceptible to heavy discounting as a result of rising capital costs. This circles back to our earlier mention that any rally in the Nvidia stock observed as a result of the latest October inflation print will likely fizzle, as the double-whammy of valuation and fundamental challenges continue to play out over coming months.Implications of the A800 Data Center GPUMoving on from broader market headwinds, Nvidia is also facing industry-specific challenges stemming from intensifying U.S.-China relations as of late. As discussed in detail in our previous coverage on the stock, the latest ban imposed by the U.S. government on exports of advanced semiconductor technologies to China further complexes the operating backdrop for chip makers like Nvidia, which is already reeling from unraveling demand this year. The company had previously reiterated that it does not expect a material impact on its business as a result of the newly imposed restrictions, though the implementation of said export ban could result in a $400 million headwind to fiscal third quarter results.In the latest development, Nvidia has confirmed the production of A800 data center GPUs made exclusively for the Chinese market in response to U.S. regulatory requirements. The A800 chips will be a direct replacement for the A100 that has been effectively banned from being exported to China. The A800 chips, which are also based on Nvidia’s Ampere architecture, will include three variants offering the same specs as the A100 chips. However, the “NVIDIA NVLink” technology implemented, which enables “seamless, high-speed communication between every GPU” within a system to facilitate the compute demands of increasingly complex AI and HPC workloads, will be downgraded from the A100’s standard 600GBps to 400GBps for the A800. The A800 has received regulatory clearance from the U.S. for export to China, with the hardware’s processing speed non-programmable to exceed the 400GBps cap, and thereby “limiting their usefulness” in HPC applications to restrict China’s military advancements. However, the company has yet to provide any immediate reprieve to restricted sales of the upcoming H100 Grace data center CPUs to China as a result of the new rules, which also relies on next-generation NVLink technology capable of at least 1.5x higher performance than existing Ampere-based processors.As analyzed in our previous coverage, we expect Nvidia’s base case 12-month PT to hover around $150 and bull case 12-month PT of $160 as a result of the newly imposed export restrictions in addition to looming macroeconomic challenges. And the recent relief brought by the introduction of the A800 chips exclusive to the Chinese market – the largest source of semiconductor demand – is viewed as a positive development to support the stock’s potential leap beyond the base case PT and approach towards the near-term bull case PT. This is further corroborated by the stock’s intra-day leap of as much as 4% to reach the $150-level on November 8th upon announcement of the A800 chip which began productions in the fiscal third quarter, which was organic to positive investors’ sentiment on the news and separate from any positive macro development.i. Bull Case Financial Forecast and Valuation Analysis:Nvidia Bull Case Financial Forecast (Author)Nvidia Bull Case PT (Author)ii. Base Case Financial Forecast and Valuation Analysis:Nvidia Base Case Financial Forecast (Author)Nvidia Base Case PT (Author)iii. Bear Case Financial Forecast and Valuation Analysis:Nvidia Bear Case Financial Forecast (Author)Nvidia Bear Case PT (Author)However, the total elimination of Chinese demand for Nvidia’s best-selling A100 data center GPUs and H100 data center CPUs will remain an overhang on the company’s near-term fundamental performance. China is still the largest buyer of chips, and with Nvidia’s heavy reliance on HPC/data center sales to make-up for the near-term downturn in its consumer-centric segments, the company is still missing out on a chunk of market share that it would have otherwise been able to capitalize on if it were not for the newly imposed rules. Yet, we see the A800 as a positive development that will not only bring some partial relief to Nvidia’s near-term fundamental performance, but also an indicator of a potential equivalent for the company’s new foray in data center CPUs with its Hopper architecture. We see this as a probable implication for a potential clawback of revenue losses that were previously thought to be permanent due to the U.S.-imposed export curbs, which would be a plus to Nvidia’s near-term valuation prospects.Implications of Crypto Contagion 2.0As previously discussed, lingering crypto headwinds make another overhang that is harder to gauge on Nvidia’s near-term performance. Recall that a non-disclosed portion of Nvidia’s Gaming segment sales are driven by GPU demand from crypto mining, which has experienced a material slowdown this year following the Luna/Terra death spiral (UST-USD / LUNC-USD / LUNA-USD) in May and the Ethereum Merge (ETH-USD) that took place in September.While cryptocurrencies saw some reprieve in prices in late October, earlier hopes of an emergence from the latest crypto winter have been stymied by the latest FTX wind-down. It has been a tumultuous week for crypto. The intensifying feud last weekend between Binance (BNB-USD) founder and CEO Changpeng “CZ” Zhao and FTX founder and CEO Sam Bankman-Fried following the former’s decision to liquidate its holdings in the latter’s FTT coins (FTT-USD) had rapidly turned into a liquidity crunch for FTX.com, which later turned into a potential bailout by Binance. And within 24 hours, the relief deal soured with Binance pulling out from the non-binding bailout agreement, and FTX facing bankruptcy risks. Contagion fears are also spreading like wild fire again, with BlockFi being the latest victim in the downward spiraling situation.Cryptocurrencies have plummeted this week as a result of the latest drama unfolding in real-time within the digital assets industry. Even Thursday’s relief rally on the back of easing inflation signals failed to restore confidence in the risky asset, with Bitcoin prices dipping below $17,000 at one point. Many Bitcoin miners have already either sold their coins or mining equipment to raise cash needed to weather the protracted crypto winter, with some even halting expansion efforts as a pre-emptive measure against rising liquidity pressures:Contagion risks in cryptocurrencies, following on from the FTX-Alameda collapse, will take a long time to work through and the market remains vulnerable…We’re going to see definite lower volumes because people are going to hold back at this moment in time.Source: BloombergWhile Nvidia’s latest release of the A800 chips and the broader market rally on signs of easing inflation this week have largely overshadowed potential contagion risks to demand for its gaming / crypto-mining GPUs, we see the latest crypto rout as a new bout of challenge on the chipmaker’s already-stagnate Gaming segment. As mentioned in the earlier section, Nvidia’s Gaming segment has already seen a significant decline in sales as a result of “softness in Europe related to the war in Ukraine and COVID lockdowns in China” that have been worsened by “lower units and lower ASPs” due to deteriorating macro conditions, and inadvertently, consumer demand. The latest crypto whiplash is likely to bring about further declines in crypto mining activity, thus adding to the Gaming segment’s near-term turmoil given an undisclosed portion of its sales are still linked to crypto mining demand.In addition to a contagion impact from the recent crypto debacle on the Gaming segment’s sales, Nvidia also risks another write-off related to its inventory of crypto-mining processors, “CMP”. Although any related amount is not expected to place a material impact on its fundamental nor valuation prospects – for perspective, Nvidia had already reported a $1.32 billion CMP inventory write-down during the fiscal second quarter – it does not bode well for the company’s profit margins, nonetheless. This makes another near-term challenge to consider ahead of its upcoming fiscal third quarter earnings release, as investors’ preference shift towards profitability over growth ahead of an increasingly uncertain market climate.Final ThoughtsAs we have previously noted – when it rains, it pours for Nvidia. The near-term operating environment for the company remains a challenge, and the market backdrop for the stock’s near-term prospects continues to be turbulent. While the latest macro development pertaining to signs of easing inflation makes a positive point for valuation multiples, it is too soon to tell if the related rally is sustainable as price increases remain far out from the Fed’s 2% target. Continued Fed monetary policy tightening into restrictive territory to ensure inflation is under control for good means further deterioration in financial conditions ahead. And the recent easing observed in China’s stringent COVID Zero policies are also adding pressure to a tightening oil market – especially as the OPEC+ slashes production this month to prevent further price declines. With a potential return of demand from the world’s largest oil importer, the tightening oil market today is unlikely to handle such a sudden influx, adding to risks of a rebound in price pressures in the near-term, which corroborates continued hawkishness in the Fed’s policy agenda.And while Nvidia’s recent introduction of the A800 is a step in the right direction to mitigate the impact of fraying U.S.-China relations, there is still work to be done to recoup the majority of lost revenues from other verticals as a result of the latest export restrictions. The latest crypto turmoil also brings renewed pressure on the company’s already-staggering Gaming segment.Despite a cautious sentiment over Nvidia’s near-term outlook, the company remains well-positioned to capitalize on high-growth opportunities driven by secular demand across multiple verticals in which it specifically caters to over the longer-term. Nvidia’s offerings remain a critical backbone to almost every technology used across all daily life settings today and tomorrow, from HPC applications satisfying cloud-computing demand, to AI applications addressing nascent developments like autonomous mobility and the metaverse. The steadfast confidence in the company’s long-term bullishness is further evidenced by the Nvidia stock’s outsized gains on Thursday. Although further downturns in the stock are expected within the near-term to wipe-out its impressive intra-day gains observed this week, we view them as compelling risk-reward opportunities for longer-term upside potential ahead.This article is written by Livy Investment Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":604,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9089638316,"gmtCreate":1649986484271,"gmtModify":1676534622256,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089638316","repostId":"2227671343","repostType":4,"repost":{"id":"2227671343","kind":"news","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":1649975897,"share":"https://ttm.financial/m/news/2227671343?lang=&edition=fundamental","pubTime":"2022-04-15 06:38","market":"us","language":"en","title":"U.S. Stocks Slide as Rising Bond Yields Hit Growth Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2227671343","media":"Reuters","summary":"* Twitter slips on Elon Musk's $43 bln buyout offer* Big banks beat expectations, report profit drop","content":"<html><head></head><body><p>* <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> slips on Elon Musk&#39;s $43 bln buyout offer</p><p>* Big banks beat expectations, report profit drops</p><p>* All three major U.S. stock indexes post weekly declines</p><p>* Indexes down: Dow 0.33%, S&amp;P 1.21%, Nasdaq 2.14%</p><p>NEW YORK, April 14 (Reuters) - Wall Street closed lower on Thursday at the end of a holiday-shortened week as bond yields resumed their uphill climb and investors contended with mixed earnings and economic data.</p><p>All three major U.S. stock indexes posted weekly losses ahead of the Good Friday holiday.</p><p>&#34;It’s a combination of continued worries still there,&#34; said Ryan Detrick, chief market strategist at LPL Financial in Charlotte, North Carolina. &#34;It&#39;s a mixed bag earning season so far, and that, coupled with high inflation and the hawkish Fed have led to selling ahead of the holiday weekend.&#34;</p><p>Rising 10-year Treasury yields pressured growth stocks, dragging the S&amp;P 500 and the Nasdaq deeply into negative territory, while the Dow posted a more modest loss.</p><p>&#34;The higher yields pressure higher growth stocks as their net present value ... takes a hit when yields go higher,&#34; Detrick said.</p><p>A quartet of large U.S. banks shifted the first quarter reporting season into overdrive, with Goldman Sachs Group Inc , Citigroup Inc, Morgan Stanley, and Wells Fargo &amp; Co all posting results.</p><p>While all four beat Street estimates, they also reported steep profit declines. Their share price reaction was mixed, and were last moving in the range of up 1.6% (Citigroup) to down by 4.5% (Wells Fargo). The broader S&amp;P 500 Finance index fell 1.0%.</p><p>&#34;There’s some concerns this earnings season,&#34; Detrick added. &#34;Expectations are the lowest since the recovery started and it&#39;s got investors cautious of how companies will step up to the earnings altar in the comings weeks.&#34;</p><p>A host of economic data showed spiking gasoline prices helped retail sales beat consensus and prompted the largest jump in import prices in nearly 11 years.</p><p>The data falls in lockstep with other recent indicators, which appear to cement aggressive inflation-curbing actions from the Federal Reserve in the coming months, including a series of 50 basis point interest rate hikes.</p><p>Tesla Inc Chairman Elon Musk offered to take Twitter Inc private with a $41 billion cash offer. The social media company&#39;s shares oscillated throughout the session but closed down 1.7%.</p><p>The Dow Jones Industrial Average fell 113.36 points, or 0.33%, to 34,451.23, the S&amp;P 500 lost 54 points, or 1.21%, to 4,392.59 and the Nasdaq Composite dropped 292.51 points, or 2.14%, to 13,351.08.</p><p>Of the 11 major sectors in the S&amp;P 500, tech shares fared the worst, sliding 2.5%.</p><p>The first-quarter reporting season is still in its infancy, with 34 of the companies in the S&amp;P 500 having reported.</p><p>Analysts now expect aggregate annual S&amp;P 500 earnings growth of 6.3%, less optimistic than the 7.5% growth projected at the beginning of the year.</p><p>Thursday marked the monthly expiration for options contracts, an occurrence that has in the recent past helped amplify stock market gyrations as investors make adjustments to account for millions of expiring options contracts on stocks, ETFs and indexes.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.83-to-1 ratio; on Nasdaq, a 2.02-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 33 new 52-week highs and 14 new lows; the Nasdaq Composite recorded 66 new highs and 218 new lows.</p><p>Volume on U.S. exchanges was 10.45 billion shares, compared with the 12.22 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>U.S. Stocks Slide as Rising Bond Yields Hit Growth Stocks</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 Slide as Rising Bond Yields Hit Growth Stocks\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\">2022-04-15 06:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> slips on Elon Musk&#39;s $43 bln buyout offer</p><p>* Big banks beat expectations, report profit drops</p><p>* All three major U.S. stock indexes post weekly declines</p><p>* Indexes down: Dow 0.33%, S&amp;P 1.21%, Nasdaq 2.14%</p><p>NEW YORK, April 14 (Reuters) - Wall Street closed lower on Thursday at the end of a holiday-shortened week as bond yields resumed their uphill climb and investors contended with mixed earnings and economic data.</p><p>All three major U.S. stock indexes posted weekly losses ahead of the Good Friday holiday.</p><p>&#34;It’s a combination of continued worries still there,&#34; said Ryan Detrick, chief market strategist at LPL Financial in Charlotte, North Carolina. &#34;It&#39;s a mixed bag earning season so far, and that, coupled with high inflation and the hawkish Fed have led to selling ahead of the holiday weekend.&#34;</p><p>Rising 10-year Treasury yields pressured growth stocks, dragging the S&amp;P 500 and the Nasdaq deeply into negative territory, while the Dow posted a more modest loss.</p><p>&#34;The higher yields pressure higher growth stocks as their net present value ... takes a hit when yields go higher,&#34; Detrick said.</p><p>A quartet of large U.S. banks shifted the first quarter reporting season into overdrive, with Goldman Sachs Group Inc , Citigroup Inc, Morgan Stanley, and Wells Fargo &amp; Co all posting results.</p><p>While all four beat Street estimates, they also reported steep profit declines. Their share price reaction was mixed, and were last moving in the range of up 1.6% (Citigroup) to down by 4.5% (Wells Fargo). The broader S&amp;P 500 Finance index fell 1.0%.</p><p>&#34;There’s some concerns this earnings season,&#34; Detrick added. &#34;Expectations are the lowest since the recovery started and it&#39;s got investors cautious of how companies will step up to the earnings altar in the comings weeks.&#34;</p><p>A host of economic data showed spiking gasoline prices helped retail sales beat consensus and prompted the largest jump in import prices in nearly 11 years.</p><p>The data falls in lockstep with other recent indicators, which appear to cement aggressive inflation-curbing actions from the Federal Reserve in the coming months, including a series of 50 basis point interest rate hikes.</p><p>Tesla Inc Chairman Elon Musk offered to take Twitter Inc private with a $41 billion cash offer. The social media company&#39;s shares oscillated throughout the session but closed down 1.7%.</p><p>The Dow Jones Industrial Average fell 113.36 points, or 0.33%, to 34,451.23, the S&amp;P 500 lost 54 points, or 1.21%, to 4,392.59 and the Nasdaq Composite dropped 292.51 points, or 2.14%, to 13,351.08.</p><p>Of the 11 major sectors in the S&amp;P 500, tech shares fared the worst, sliding 2.5%.</p><p>The first-quarter reporting season is still in its infancy, with 34 of the companies in the S&amp;P 500 having reported.</p><p>Analysts now expect aggregate annual S&amp;P 500 earnings growth of 6.3%, less optimistic than the 7.5% growth projected at the beginning of the year.</p><p>Thursday marked the monthly expiration for options contracts, an occurrence that has in the recent past helped amplify stock market gyrations as investors make adjustments to account for millions of expiring options contracts on stocks, ETFs and indexes.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.83-to-1 ratio; on Nasdaq, a 2.02-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 33 new 52-week highs and 14 new lows; the Nasdaq Composite recorded 66 new highs and 218 new lows.</p><p>Volume on U.S. exchanges was 10.45 billion shares, compared with the 12.22 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":{"C":"花旗","BK4139":"生物科技","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","MS":"摩根士丹利","BK4007":"制药","SPXU":"三倍做空标普500ETF","BK4534":"瑞士信贷持仓","BK4196":"保健护理服务","OEX":"标普100","BK4082":"医疗保健设备","BK4527":"明星科技股","BK4501":"段永平概念","BK4559":"巴菲特持仓","SPY":"标普500ETF","BK4550":"红杉资本持仓","LHDX":"Lucira Health, Inc.","BK4207":"综合性银行","BK4574":"无人驾驶","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF","BK4551":"寇图资本持仓","WFC":"富国银行",".SPX":"S&P 500 Index","SDS":"两倍做空标普500ETF",".IXIC":"NASDAQ Composite","BK4079":"房地产服务","BK4504":"桥水持仓","BK4581":"高盛持仓","LABP":"Landos Biopharma, Inc.",".DJI":"道琼斯","TWTR":"Twitter","BK4099":"汽车制造商","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓","SANA":"Sana Biotechnology, Inc.","TSLA":"特斯拉","BK4127":"投资银行业与经纪业","BK4539":"次新股","SH":"标普500反向ETF","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","COMP":"Compass, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2227671343","content_text":"* Twitter slips on Elon Musk's $43 bln buyout offer* Big banks beat expectations, report profit drops* All three major U.S. stock indexes post weekly declines* Indexes down: Dow 0.33%, S&P 1.21%, Nasdaq 2.14%NEW YORK, April 14 (Reuters) - Wall Street closed lower on Thursday at the end of a holiday-shortened week as bond yields resumed their uphill climb and investors contended with mixed earnings and economic data.All three major U.S. stock indexes posted weekly losses ahead of the Good Friday holiday.\"It’s a combination of continued worries still there,\" said Ryan Detrick, chief market strategist at LPL Financial in Charlotte, North Carolina. \"It's a mixed bag earning season so far, and that, coupled with high inflation and the hawkish Fed have led to selling ahead of the holiday weekend.\"Rising 10-year Treasury yields pressured growth stocks, dragging the S&P 500 and the Nasdaq deeply into negative territory, while the Dow posted a more modest loss.\"The higher yields pressure higher growth stocks as their net present value ... takes a hit when yields go higher,\" Detrick said.A quartet of large U.S. banks shifted the first quarter reporting season into overdrive, with Goldman Sachs Group Inc , Citigroup Inc, Morgan Stanley, and Wells Fargo & Co all posting results.While all four beat Street estimates, they also reported steep profit declines. Their share price reaction was mixed, and were last moving in the range of up 1.6% (Citigroup) to down by 4.5% (Wells Fargo). The broader S&P 500 Finance index fell 1.0%.\"There’s some concerns this earnings season,\" Detrick added. \"Expectations are the lowest since the recovery started and it's got investors cautious of how companies will step up to the earnings altar in the comings weeks.\"A host of economic data showed spiking gasoline prices helped retail sales beat consensus and prompted the largest jump in import prices in nearly 11 years.The data falls in lockstep with other recent indicators, which appear to cement aggressive inflation-curbing actions from the Federal Reserve in the coming months, including a series of 50 basis point interest rate hikes.Tesla Inc Chairman Elon Musk offered to take Twitter Inc private with a $41 billion cash offer. The social media company's shares oscillated throughout the session but closed down 1.7%.The Dow Jones Industrial Average fell 113.36 points, or 0.33%, to 34,451.23, the S&P 500 lost 54 points, or 1.21%, to 4,392.59 and the Nasdaq Composite dropped 292.51 points, or 2.14%, to 13,351.08.Of the 11 major sectors in the S&P 500, tech shares fared the worst, sliding 2.5%.The first-quarter reporting season is still in its infancy, with 34 of the companies in the S&P 500 having reported.Analysts now expect aggregate annual S&P 500 earnings growth of 6.3%, less optimistic than the 7.5% growth projected at the beginning of the year.Thursday marked the monthly expiration for options contracts, an occurrence that has in the recent past helped amplify stock market gyrations as investors make adjustments to account for millions of expiring options contracts on stocks, ETFs and indexes.Declining issues outnumbered advancing ones on the NYSE by a 1.83-to-1 ratio; on Nasdaq, a 2.02-to-1 ratio favored decliners.The S&P 500 posted 33 new 52-week highs and 14 new lows; the Nasdaq Composite recorded 66 new highs and 218 new lows.Volume on U.S. exchanges was 10.45 billion shares, compared with the 12.22 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019998134,"gmtCreate":1648511594773,"gmtModify":1676534347044,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Yes&nbsp;","listText":"Yes&nbsp;","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019998134","repostId":"1193943879","repostType":4,"repost":{"id":"1193943879","kind":"news","pubTimestamp":1648509325,"share":"https://ttm.financial/m/news/1193943879?lang=&edition=fundamental","pubTime":"2022-03-29 07:15","market":"other","language":"en","title":"ASX Opens 0.5pc Higher, Buoyed by Strong Gains Across the Technology Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=1193943879","media":"Australian Financial Review","summary":"Australian shares have climbed 0.5 per cent to 7446.2 in the opening minutes of trade, buoyed by str","content":"<html><head></head><body><p>Australian shares have climbed 0.5 per cent to 7446.2 in the opening minutes of trade, buoyed by strong gains across the technology sector.</p><p>Uniti Group jumped 1.9 per cent to $4.81 after receiving a revised takeover proposal from a consortium comprising HRL Morrison&amp;Co and Brookfield Infrastructure.</p><p>Crown Resorts firmed 1.1 per cent to $12.74 on news that Blackstone has received FIRB approval for its acquisition of Crown. Telstra edged 0.4 per cent higher to $2.88 after finalising the legal structure for its T22 strategy.</p><p>Telix Pharmaceuticals rose 3.6 per cent to $4.30 after signing an agreement with Xiel for the distribution of Telix’s prostate cancer investigational imaging product, Illuccix in the United Kingdom.</p><p>Square leads the market, climbing 6.3 per cent to $182.25, followed by PolyNovo which is up 4.7 per cent to $1.11, and Charter Hall, which rose 3.9 per cent to $16.36.</p></body></html>","source":"lsy1647818771712","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>ASX Opens 0.5pc Higher, Buoyed by Strong Gains Across the Technology Sector</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\">\nASX Opens 0.5pc Higher, Buoyed by Strong Gains Across the Technology Sector\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-29 07:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.afr.com/markets/equity-markets/asx-to-rise-tesla-surges-on-stock-split-tweet-20220329-p5a8rr><strong>Australian Financial Review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Australian shares have climbed 0.5 per cent to 7446.2 in the opening minutes of trade, buoyed by strong gains across the technology sector.Uniti Group jumped 1.9 per cent to $4.81 after receiving a ...</p>\n\n<a href=\"https://www.afr.com/markets/equity-markets/asx-to-rise-tesla-surges-on-stock-split-tweet-20220329-p5a8rr\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数"},"source_url":"https://www.afr.com/markets/equity-markets/asx-to-rise-tesla-surges-on-stock-split-tweet-20220329-p5a8rr","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193943879","content_text":"Australian shares have climbed 0.5 per cent to 7446.2 in the opening minutes of trade, buoyed by strong gains across the technology sector.Uniti Group jumped 1.9 per cent to $4.81 after receiving a revised takeover proposal from a consortium comprising HRL Morrison&Co and Brookfield Infrastructure.Crown Resorts firmed 1.1 per cent to $12.74 on news that Blackstone has received FIRB approval for its acquisition of Crown. Telstra edged 0.4 per cent higher to $2.88 after finalising the legal structure for its T22 strategy.Telix Pharmaceuticals rose 3.6 per cent to $4.30 after signing an agreement with Xiel for the distribution of Telix’s prostate cancer investigational imaging product, Illuccix in the United Kingdom.Square leads the market, climbing 6.3 per cent to $182.25, followed by PolyNovo which is up 4.7 per cent to $1.11, and Charter Hall, which rose 3.9 per cent to $16.36.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010300403,"gmtCreate":1648253419742,"gmtModify":1676534321458,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Yes&nbsp;","listText":"Yes&nbsp;","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010300403","repostId":"1128446842","repostType":4,"repost":{"id":"1128446842","kind":"news","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":1648221722,"share":"https://ttm.financial/m/news/1128446842?lang=&edition=fundamental","pubTime":"2022-03-25 23:22","market":"us","language":"en","title":"U.S. Stocks Mixed in Morning Trading, with Nasdaq Index Falling 0.8% and Dow Jones Rising 0.13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1128446842","media":"Tiger Newspress","summary":"U.S. Stocks Mixed in Morning Trading. Nasdaq Index fell 0.8%, Dow Jones rose 0.13% while S&P 500 sta","content":"<html><head></head><body><p>U.S. Stocks Mixed in Morning Trading. Nasdaq Index fell 0.8%, Dow Jones rose 0.13% while S&amp;P 500 stayed almost flat.<img src=\"https://static.tigerbbs.com/3604ea80bab6126fe1b5b250af56a2b1\" tg-width=\"511\" tg-height=\"142\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks Mixed in Morning Trading, with Nasdaq Index Falling 0.8% and Dow Jones Rising 0.13%</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\">\nU.S. Stocks Mixed in Morning Trading, with Nasdaq Index Falling 0.8% and Dow Jones Rising 0.13%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-03-25 23:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. Stocks Mixed in Morning Trading. Nasdaq Index fell 0.8%, Dow Jones rose 0.13% while S&amp;P 500 stayed almost flat.<img src=\"https://static.tigerbbs.com/3604ea80bab6126fe1b5b250af56a2b1\" tg-width=\"511\" tg-height=\"142\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128446842","content_text":"U.S. Stocks Mixed in Morning Trading. Nasdaq Index fell 0.8%, Dow Jones rose 0.13% while S&P 500 stayed almost flat.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808178351,"gmtCreate":1627566969773,"gmtModify":1703492527825,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Yes&nbsp;","listText":"Yes&nbsp;","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/808178351","repostId":"2155907677","repostType":4,"repost":{"id":"2155907677","kind":"highlight","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":1627566137,"share":"https://ttm.financial/m/news/2155907677?lang=&edition=fundamental","pubTime":"2021-07-29 21:42","market":"us","language":"en","title":"EV company Workhorse appoints Richard Dauch CEO","url":"https://stock-news.laohu8.com/highlight/detail?id=2155907677","media":"Reuters","summary":"July 29 (Reuters) - Electric vehicle company Workhorse Group said on Thursday it appointed Richard D","content":"<p>July 29 (Reuters) - Electric vehicle company Workhorse Group&nbsp;said on Thursday it appointed Richard Dauch as the company's chief executive officer.</p>\n<p>Effective August 2, Dauch will succeed Duane Hughes who has served as the company's CEO over the last two years. Hughes will continue to work as a consultant through the transition period, Workhorse said.</p>\n<p>Dauch previously served as the CEO of vehicle propulsion systems maker Delphi Technologies.</p>\n<p>The company also said it was withdrawing its previously stated forecast during the leadership transition, in order to give Dauch sufficient time to establish a plan to address continuing challenges.</p>\n<p>In February, the U.S. Postal Service <a href=\"https://laohu8.com/S/USPS\">$(USPS)$</a> said it will award a multibillion-dollar, 10-year contract to <a href=\"https://laohu8.com/S/OSK\">Oshkosh</a> Defense to manufacture a new generation of postal delivery vehicles.</p>\n<p>Workhorse Group filed a legal challenge in June to the USPS decision.</p>\n<p>Shares of the Cincinnati, Ohio-based company rose about 2% to $11.54 in premarket trading, after having fallen about 32% since the contract award to Oshkosh Defense.</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>EV company Workhorse appoints Richard Dauch CEO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV company Workhorse appoints Richard Dauch CEO\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\">2021-07-29 21:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 29 (Reuters) - Electric vehicle company Workhorse Group&nbsp;said on Thursday it appointed Richard Dauch as the company's chief executive officer.</p>\n<p>Effective August 2, Dauch will succeed Duane Hughes who has served as the company's CEO over the last two years. Hughes will continue to work as a consultant through the transition period, Workhorse said.</p>\n<p>Dauch previously served as the CEO of vehicle propulsion systems maker Delphi Technologies.</p>\n<p>The company also said it was withdrawing its previously stated forecast during the leadership transition, in order to give Dauch sufficient time to establish a plan to address continuing challenges.</p>\n<p>In February, the U.S. Postal Service <a href=\"https://laohu8.com/S/USPS\">$(USPS)$</a> said it will award a multibillion-dollar, 10-year contract to <a href=\"https://laohu8.com/S/OSK\">Oshkosh</a> Defense to manufacture a new generation of postal delivery vehicles.</p>\n<p>Workhorse Group filed a legal challenge in June to the USPS decision.</p>\n<p>Shares of the Cincinnati, Ohio-based company rose about 2% to $11.54 in premarket trading, after having fallen about 32% since the contract award to Oshkosh Defense.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WKHS":"Workhorse Group, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155907677","content_text":"July 29 (Reuters) - Electric vehicle company Workhorse Group said on Thursday it appointed Richard Dauch as the company's chief executive officer.\nEffective August 2, Dauch will succeed Duane Hughes who has served as the company's CEO over the last two years. Hughes will continue to work as a consultant through the transition period, Workhorse said.\nDauch previously served as the CEO of vehicle propulsion systems maker Delphi Technologies.\nThe company also said it was withdrawing its previously stated forecast during the leadership transition, in order to give Dauch sufficient time to establish a plan to address continuing challenges.\nIn February, the U.S. Postal Service $(USPS)$ said it will award a multibillion-dollar, 10-year contract to Oshkosh Defense to manufacture a new generation of postal delivery vehicles.\nWorkhorse Group filed a legal challenge in June to the USPS decision.\nShares of the Cincinnati, Ohio-based company rose about 2% to $11.54 in premarket trading, after having fallen about 32% since the contract award to Oshkosh Defense.","news_type":1},"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916013395,"gmtCreate":1664486631617,"gmtModify":1676537462136,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916013395","repostId":"1152954810","repostType":4,"repost":{"id":"1152954810","kind":"news","pubTimestamp":1664466614,"share":"https://ttm.financial/m/news/1152954810?lang=&edition=fundamental","pubTime":"2022-09-29 23:50","market":"us","language":"en","title":"Fed Officials Reinforce Rate-Hike Calls, Say Markets Got Message","url":"https://stock-news.laohu8.com/highlight/detail?id=1152954810","media":"Bloomberg","summary":"Bullard says markets have ‘digested’ message on rate hikesMester says rates are ‘still not even in r","content":"<html><head></head><body><ul><li>Bullard says markets have ‘digested’ message on rate hikes</li><li>Mester says rates are ‘still not even in restricted territory’</li></ul><p>Federal Reserve officials reiterated Thursday that they will keep raising interest rates to restrain high inflation, and that markets are now understanding the message.</p><p>“If you look at the dots, it does look like the committee is expecting a fair amount of additional moves this year,” St. Louis Fed President James Bullard told a virtual emerging-market forum, referring to the bank’s so-called dot plot of projections. “I think that that was digested by markets and does seem to be the right interpretation.”</p><p>Cleveland Fed chief Loretta Mester repeated that officials are resolute in their quest to increase rates to a level seen as restrictive.</p><p>“Real interest rates -- judged by the expectations over the next year of inflation -- have to be in positive territory and held there for a time,” she said earlier in an interview on CNBC. “We’re still not even in restricted territory on the funds rate.”</p><p><img src=\"https://static.tigerbbs.com/972431d8bf1881bb5d4349f65cfcd300\" tg-width=\"698\" tg-height=\"343\" referrerpolicy=\"no-referrer\"/>Fed officials raised interest rates by 75 basis points on Sept. 21 for the third straight meeting, bringing the target for the benchmark federal funds rate to a range of 3% to 3.25%.</p><p>Their quarterly Summary of Economic Projections, or dot plot, shows a median forecast of rates reaching 4.4% by the end of this year, implying a further 1.25 percentage points of tightening over their remaining two meetings in November and December.</p><p>Mester said her forecast is probably a bit above the median path because she sees inflation being persistent, based on her conversations with businesses, community development groups and other sources.</p><p>“In my SEP I have inflation coming down, but we have to bring interest rates up to get that downward shift in inflation,” she said, adding that the US economy has so far been able to handle the higher interest rates.</p><h3>UK Turmoil</h3><p>She drew a distinction between US markets and what is happening in the UK, where the Bank of England announced Wednesday that it would launch unlimited bond buying to address market dysfunction. When the Fed announced its bond purchases in the early months of the pandemic, it did so at a time when it was also lowering rates to support the economy, she said.</p><p>The BOE faces some communication issues because it is lifting rates but needed to purchase assets, which is typically viewed as a method for easing monetary policy, in order to support financial stability, Mester said.</p><p>“It’s a challenging situation for them,” Mester said. “For financial stability reasons and for market functioning reasons they had to go in and buy bonds.”</p><p>“Market functioning is incredibly important because you won’t be able to hit any monetary policy goals if the markets aren’t functioning,” she said. “That’s different than worrying about volatility in the markets.” Mester said that so far, there had been no sign of dysfunction in US financial markets.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed Officials Reinforce Rate-Hike Calls, Say Markets Got Message</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Officials Reinforce Rate-Hike Calls, Say Markets Got Message\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-29 23:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-29/fed-s-bullard-says-markets-have-gotten-the-message-on-rate-hikes><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bullard says markets have ‘digested’ message on rate hikesMester says rates are ‘still not even in restricted territory’Federal Reserve officials reiterated Thursday that they will keep raising ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-29/fed-s-bullard-says-markets-have-gotten-the-message-on-rate-hikes\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-09-29/fed-s-bullard-says-markets-have-gotten-the-message-on-rate-hikes","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152954810","content_text":"Bullard says markets have ‘digested’ message on rate hikesMester says rates are ‘still not even in restricted territory’Federal Reserve officials reiterated Thursday that they will keep raising interest rates to restrain high inflation, and that markets are now understanding the message.“If you look at the dots, it does look like the committee is expecting a fair amount of additional moves this year,” St. Louis Fed President James Bullard told a virtual emerging-market forum, referring to the bank’s so-called dot plot of projections. “I think that that was digested by markets and does seem to be the right interpretation.”Cleveland Fed chief Loretta Mester repeated that officials are resolute in their quest to increase rates to a level seen as restrictive.“Real interest rates -- judged by the expectations over the next year of inflation -- have to be in positive territory and held there for a time,” she said earlier in an interview on CNBC. “We’re still not even in restricted territory on the funds rate.”Fed officials raised interest rates by 75 basis points on Sept. 21 for the third straight meeting, bringing the target for the benchmark federal funds rate to a range of 3% to 3.25%.Their quarterly Summary of Economic Projections, or dot plot, shows a median forecast of rates reaching 4.4% by the end of this year, implying a further 1.25 percentage points of tightening over their remaining two meetings in November and December.Mester said her forecast is probably a bit above the median path because she sees inflation being persistent, based on her conversations with businesses, community development groups and other sources.“In my SEP I have inflation coming down, but we have to bring interest rates up to get that downward shift in inflation,” she said, adding that the US economy has so far been able to handle the higher interest rates.UK TurmoilShe drew a distinction between US markets and what is happening in the UK, where the Bank of England announced Wednesday that it would launch unlimited bond buying to address market dysfunction. When the Fed announced its bond purchases in the early months of the pandemic, it did so at a time when it was also lowering rates to support the economy, she said.The BOE faces some communication issues because it is lifting rates but needed to purchase assets, which is typically viewed as a method for easing monetary policy, in order to support financial stability, Mester said.“It’s a challenging situation for them,” Mester said. “For financial stability reasons and for market functioning reasons they had to go in and buy bonds.”“Market functioning is incredibly important because you won’t be able to hit any monetary policy goals if the markets aren’t functioning,” she said. “That’s different than worrying about volatility in the markets.” Mester said that so far, there had been no sign of dysfunction in US financial markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9060981287,"gmtCreate":1651097126164,"gmtModify":1676534846775,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9060981287","repostId":"1112905472","repostType":4,"repost":{"id":"1112905472","kind":"news","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":1651069859,"share":"https://ttm.financial/m/news/1112905472?lang=&edition=fundamental","pubTime":"2022-04-27 22:30","market":"us","language":"en","title":"Semiconductor Stocks Slid Again","url":"https://stock-news.laohu8.com/highlight/detail?id=1112905472","media":"Tiger Newspress","summary":"Semiconductor stocks slid again. Nvidia, TSMC and ASML fell more than 2%.","content":"<html><head></head><body><p>Semiconductor stocks slid again. Nvidia, TSMC and ASML fell more than 2%.</p><p><img src=\"https://static.tigerbbs.com/db455215bf23da23fa2478f3d2a0147d\" tg-width=\"420\" tg-height=\"716\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Semiconductor Stocks Slid Again</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; 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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\">\nSemiconductor Stocks Slid Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-27 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Semiconductor stocks slid again. Nvidia, TSMC and ASML fell more than 2%.</p><p><img src=\"https://static.tigerbbs.com/db455215bf23da23fa2478f3d2a0147d\" tg-width=\"420\" tg-height=\"716\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","ASML":"阿斯麦","NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112905472","content_text":"Semiconductor stocks slid again. Nvidia, TSMC and ASML fell more than 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9015128351,"gmtCreate":1649456930807,"gmtModify":1676534513521,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015128351","repostId":"1122952348","repostType":4,"repost":{"id":"1122952348","kind":"news","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":1649424960,"share":"https://ttm.financial/m/news/1122952348?lang=&edition=fundamental","pubTime":"2022-04-08 21:36","market":"us","language":"en","title":"EV Stocks Fell in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1122952348","media":"Tiger Newspress","summary":"Sono Group, $Arrival(ARVL)$, Rivian, Tesla, Faraday Future, Xpeng and Lucid slid between 1% and 5%.","content":"<html><head></head><body><p>Sono Group, <a href=\"https://laohu8.com/S/ARVL\">Arrival</a>, Rivian, Tesla, Faraday Future, Xpeng and Lucid slid between 1% and 5%.<img src=\"https://static.tigerbbs.com/1f88cae7370429fd75f16977d74746e2\" tg-width=\"406\" tg-height=\"524\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Stocks Fell in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV Stocks Fell in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-08 21:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sono Group, <a href=\"https://laohu8.com/S/ARVL\">Arrival</a>, Rivian, Tesla, Faraday Future, Xpeng and Lucid slid between 1% and 5%.<img src=\"https://static.tigerbbs.com/1f88cae7370429fd75f16977d74746e2\" tg-width=\"406\" tg-height=\"524\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122952348","content_text":"Sono Group, Arrival, Rivian, Tesla, Faraday Future, Xpeng and Lucid slid between 1% and 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9018051584,"gmtCreate":1648950935023,"gmtModify":1676534426456,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018051584","repostId":"2224324017","repostType":4,"repost":{"id":"2224324017","kind":"highlight","pubTimestamp":1648947540,"share":"https://ttm.financial/m/news/2224324017?lang=&edition=fundamental","pubTime":"2022-04-03 08:59","market":"us","language":"en","title":"Is Now the Time to Go All-In on the Stock Market?","url":"https://stock-news.laohu8.com/highlight/detail?id=2224324017","media":"Motley Fool","summary":"The sell-off has led to a slew of buying opportunities in top growth stocks.","content":"<html><head></head><body><p>The stock market has staged an epic rally in the last week or so. After briefly being down over 20% year to date (YTD), the <b>Nasdaq Composite</b> is now down less than 10% YTD. Similarly, the <b>S&amp;P</b> <b>500</b> and the <b>Dow Jones Industrial Average</b> are both down less than 5% YTD and are officially out of correction territory.</p><p>With the market processing rising interest rates, the prospect of lower inflation, and improving geopolitical risks, is now the time to go all-in on the stock market? Or is there a better alternative?</p><h2>Be greedy when others are fearful</h2><p>Warren Buffett, the CEO of <b>Berkshire Hathaway</b> ( BRK.A, BRK.B), is known for his long-term track record of beating the stock market. But he&#39;s also known for one of the most famous quotes in investing, which is &#34;to be fearful when others are greedy and greedy when others are fearful.&#34; It&#39;s a strategy that tends to keep investors out of trouble, both in recognizing when a stock is overvalued and pouncing on buying opportunities.</p><p>In the past four years, there have been three major sell-offs. In late 2018, a brief bear market happened almost entirely in the last three months of the year. But it proved to be an amazing buying opportunity, as the S&amp;P 500 proceeded to produce big gains in 2019.</p><p>The next big sell-off was the spring 2020 COVID-19-induced crash, which also proved to be a buying opportunity that led to massive gains during the rest of that year and through most of 2021. The third sell-off is the one we are still in now. And if history continues to repeat itself, it too will probably prove to be a fantastic long-term buying opportunity.</p><h2>Expect the unexpected</h2><p>You may be asking yourself: If now is a good time to buy, why not just go all-in on the U.S. stock market? Well, that&#39;s a bad idea for a number of reasons.</p><p>For starters, it&#39;s important to have an emergency fund in case unexpected medical expenses or unforeseen crises emerge. Although the stock market has been a great vehicle for fueling wealth creation over time, no one knows how it could perform in the short term. The market has staged an epic rebound, but it could give up all of those gains for a number of reasons, such as more aggressive monetary policy, a worsening geopolitical situation, or an infinite number of unknowns.</p><p>Going hard into the stock market without reserve dry powder leaves you overly exposed to short-term volatility. By putting money to work in the stock market that you don&#39;t need anytime soon, you can take the pressure off of short-term gyrations and keep a level head in case the market sell-off resumes.</p><h2>A better approach</h2><p>Yes, it sounds boring. But the best approach to investing is to simply dollar-cost average a portion of your income into stocks over time. That&#39;s the classic advice, anyway. Of course, an investor can operate with a little more wiggle room by keeping a set amount of cash on the sidelines that they only wait to deploy if there&#39;s a truly juicy buying opportunity. In that scenario, it would make sense to begin considering some of the many stocks that are on sale now.</p><p>Selectively buying great companies that go on sale is a worthwhile strategy to pair with dollar-cost averaging. In this vein, an investor can harness a sort of hybrid passive/active approach that leaves room for discipline and creativity.</p><h2>Navigating volatility</h2><p>Even if the market doesn&#39;t retest its lows and keeps surging in 2022, it is likely to suffer more corrections and bear markets in the years to come. Timing the market is difficult, and short-term price movements can be random, confusing, and grounded in nothing that has to do with the fundamental business.</p><p>Understanding that the market can do crazy, unpredictable things can help keep emotions in check during a stock market sell-off, as well as quell the urge to go all-in, even when it may be tempting to do so.</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>Is Now the Time to Go All-In on the Stock Market?</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\">\nIs Now the Time to Go All-In on the Stock Market?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-03 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/02/is-now-the-time-to-go-all-in-on-the-stock-market/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market has staged an epic rally in the last week or so. After briefly being down over 20% year to date (YTD), the Nasdaq Composite is now down less than 10% YTD. Similarly, the S&P 500 and ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/02/is-now-the-time-to-go-all-in-on-the-stock-market/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.fool.com/investing/2022/04/02/is-now-the-time-to-go-all-in-on-the-stock-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2224324017","content_text":"The stock market has staged an epic rally in the last week or so. After briefly being down over 20% year to date (YTD), the Nasdaq Composite is now down less than 10% YTD. Similarly, the S&P 500 and the Dow Jones Industrial Average are both down less than 5% YTD and are officially out of correction territory.With the market processing rising interest rates, the prospect of lower inflation, and improving geopolitical risks, is now the time to go all-in on the stock market? Or is there a better alternative?Be greedy when others are fearfulWarren Buffett, the CEO of Berkshire Hathaway ( BRK.A, BRK.B), is known for his long-term track record of beating the stock market. But he's also known for one of the most famous quotes in investing, which is \"to be fearful when others are greedy and greedy when others are fearful.\" It's a strategy that tends to keep investors out of trouble, both in recognizing when a stock is overvalued and pouncing on buying opportunities.In the past four years, there have been three major sell-offs. In late 2018, a brief bear market happened almost entirely in the last three months of the year. But it proved to be an amazing buying opportunity, as the S&P 500 proceeded to produce big gains in 2019.The next big sell-off was the spring 2020 COVID-19-induced crash, which also proved to be a buying opportunity that led to massive gains during the rest of that year and through most of 2021. The third sell-off is the one we are still in now. And if history continues to repeat itself, it too will probably prove to be a fantastic long-term buying opportunity.Expect the unexpectedYou may be asking yourself: If now is a good time to buy, why not just go all-in on the U.S. stock market? Well, that's a bad idea for a number of reasons.For starters, it's important to have an emergency fund in case unexpected medical expenses or unforeseen crises emerge. Although the stock market has been a great vehicle for fueling wealth creation over time, no one knows how it could perform in the short term. The market has staged an epic rebound, but it could give up all of those gains for a number of reasons, such as more aggressive monetary policy, a worsening geopolitical situation, or an infinite number of unknowns.Going hard into the stock market without reserve dry powder leaves you overly exposed to short-term volatility. By putting money to work in the stock market that you don't need anytime soon, you can take the pressure off of short-term gyrations and keep a level head in case the market sell-off resumes.A better approachYes, it sounds boring. But the best approach to investing is to simply dollar-cost average a portion of your income into stocks over time. That's the classic advice, anyway. Of course, an investor can operate with a little more wiggle room by keeping a set amount of cash on the sidelines that they only wait to deploy if there's a truly juicy buying opportunity. In that scenario, it would make sense to begin considering some of the many stocks that are on sale now.Selectively buying great companies that go on sale is a worthwhile strategy to pair with dollar-cost averaging. In this vein, an investor can harness a sort of hybrid passive/active approach that leaves room for discipline and creativity.Navigating volatilityEven if the market doesn't retest its lows and keeps surging in 2022, it is likely to suffer more corrections and bear markets in the years to come. Timing the market is difficult, and short-term price movements can be random, confusing, and grounded in nothing that has to do with the fundamental business.Understanding that the market can do crazy, unpredictable things can help keep emotions in check during a stock market sell-off, as well as quell the urge to go all-in, even when it may be tempting to do so.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9013557929,"gmtCreate":1648764978520,"gmtModify":1676534391627,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Yes&nbsp;","listText":"Yes&nbsp;","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013557929","repostId":"1133782424","repostType":4,"repost":{"id":"1133782424","kind":"news","pubTimestamp":1648732037,"share":"https://ttm.financial/m/news/1133782424?lang=&edition=fundamental","pubTime":"2022-03-31 21:07","market":"us","language":"en","title":"How Are Tesla Shares on Fire Again","url":"https://stock-news.laohu8.com/highlight/detail?id=1133782424","media":"CNN Business","summary":"New York (CNN Business)-Tesla shares have been on a tear in recent weeks as Elon Musk marked the company'sfirst deliveries from its new Berlin factory, easing investors' fears about whether the EV mak","content":"<html><head></head><body><p><b>New York (CNN Business) -</b> Tesla shares have been on a tear in recent weeks as Elon Musk marked the company&#39;s first deliveries from its new Berlin factory, easing investors&#39; fears about whether the EV maker would receive the necessary approvals from the German government.</p><p>&#34;I&#39;d say 30% of investors we talked to over the last six months thought Berlin was never going to open because of the red tape and bureaucracy,&#34; said Dan Ives, tech analyst at Wedbush Securities. &#34;Many investors were fearing [Tesla] would never have a beachhead in Europe and it would just be an empty factory.&#34;</p><p>The Berlin plant hosted a ceremony March 22 to mark its first deliveries as the rally in Tesla&#39;s share price was well underway.</p><p>A similar event is planned next week at Tesla&#39;sother new plant near Austin, Texas, which has already started deliveries. The two factories double the number of automotive assembly plants the company operates, joining its original plant in Fremont, California and its second factory in Shanghai.</p><p>The rally has taken Tesla (TSLA) shares from bear market territory to raging bull. On March 14 shares of the company closed at $766.37, down 36% from the high for the year, which was hit on January 3, the first trading day of 2022.</p><p>But in less than three weeks, shares have shot up, recoupingmost of the losses from the first 10 weeks of the year. Althoughshares closed narrowly lower Wednesday, they posted gains in 10 of 12 trading days since hitting that low, gaining 43% in that short stretch alone.</p><p>The rally has prompted Tesla to announce that it will ask its shareholders to approve a second stock split. Shares have more than doubled since the company&#39;s initial split, in August 2020.</p><p>Tesla has managed to buck an unfortunate industry trend, in which overall production has been markedly slowed by a shortage of computer chips and other parts.</p><p>Tesla is due to report first quarter sales in the coming days. (The company doesn&#39;t announce ahead of time the exact day it will do so.) The consensus is that global sales will come in near the 308,000 cars it sold in the fourth quarter. That would mark a 67% jump from the first quarter of 2021.</p><p>That would also be in stark contrast to the overall auto industry. US new car sales are forecast to fall about 15% from a year ago, according to both Edmunds and Cox Automotive, because of limited inventories and record high car prices.</p><p>Now that it has two new factories up and running, Tesla sales are forecast to grow even more through the rest of this year. Ives said by the end of December, Tesla should have an annual run rate of nearly 2 million cars, although the full-year total for 2022 won&#39;t hit that target. Tesla sold 936,000 cars in 2021, and fourth quarter sales pushed its year-end run rate to about 1.2 million vehicles.</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>How Are Tesla Shares on Fire Again</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\">\nHow Are Tesla Shares on Fire Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-31 21:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2022/03/30/investing/tesla-stock-rally/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business) - Tesla shares have been on a tear in recent weeks as Elon Musk marked the company's first deliveries from its new Berlin factory, easing investors' fears about whether the EV ...</p>\n\n<a href=\"https://edition.cnn.com/2022/03/30/investing/tesla-stock-rally/index.html\">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://edition.cnn.com/2022/03/30/investing/tesla-stock-rally/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133782424","content_text":"New York (CNN Business) - Tesla shares have been on a tear in recent weeks as Elon Musk marked the company's first deliveries from its new Berlin factory, easing investors' fears about whether the EV maker would receive the necessary approvals from the German government.\"I'd say 30% of investors we talked to over the last six months thought Berlin was never going to open because of the red tape and bureaucracy,\" said Dan Ives, tech analyst at Wedbush Securities. \"Many investors were fearing [Tesla] would never have a beachhead in Europe and it would just be an empty factory.\"The Berlin plant hosted a ceremony March 22 to mark its first deliveries as the rally in Tesla's share price was well underway.A similar event is planned next week at Tesla'sother new plant near Austin, Texas, which has already started deliveries. The two factories double the number of automotive assembly plants the company operates, joining its original plant in Fremont, California and its second factory in Shanghai.The rally has taken Tesla (TSLA) shares from bear market territory to raging bull. On March 14 shares of the company closed at $766.37, down 36% from the high for the year, which was hit on January 3, the first trading day of 2022.But in less than three weeks, shares have shot up, recoupingmost of the losses from the first 10 weeks of the year. Althoughshares closed narrowly lower Wednesday, they posted gains in 10 of 12 trading days since hitting that low, gaining 43% in that short stretch alone.The rally has prompted Tesla to announce that it will ask its shareholders to approve a second stock split. Shares have more than doubled since the company's initial split, in August 2020.Tesla has managed to buck an unfortunate industry trend, in which overall production has been markedly slowed by a shortage of computer chips and other parts.Tesla is due to report first quarter sales in the coming days. (The company doesn't announce ahead of time the exact day it will do so.) The consensus is that global sales will come in near the 308,000 cars it sold in the fourth quarter. That would mark a 67% jump from the first quarter of 2021.That would also be in stark contrast to the overall auto industry. US new car sales are forecast to fall about 15% from a year ago, according to both Edmunds and Cox Automotive, because of limited inventories and record high car prices.Now that it has two new factories up and running, Tesla sales are forecast to grow even more through the rest of this year. Ives said by the end of December, Tesla should have an annual run rate of nearly 2 million cars, although the full-year total for 2022 won't hit that target. Tesla sold 936,000 cars in 2021, and fourth quarter sales pushed its year-end run rate to about 1.2 million vehicles.","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808147603,"gmtCreate":1627566839302,"gmtModify":1703492520541,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/808147603","repostId":"2155003319","repostType":4,"repost":{"id":"2155003319","kind":"highlight","pubTimestamp":1627566716,"share":"https://ttm.financial/m/news/2155003319?lang=&edition=fundamental","pubTime":"2021-07-29 21:51","market":"us","language":"en","title":"3 Reasons to Buy Zoom Video Communications, and 1 Reason to Sell","url":"https://stock-news.laohu8.com/highlight/detail?id=2155003319","media":"Motley Fool","summary":"Do the video conferencing company's strengths outweigh its weaknesses?","content":"<p><b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications</b> (NASDAQ:ZM) has been an impressive growth stock since its initial public offering two years ago. The video conferencing company went public at $36 per share, and it's trading at nearly $360 at the time of this writing -- which gives it a market cap of over $100 billion.</p>\n<p>Zoom certainly became a household name during the pandemic, but is the stock still worth buying after its massive post-IPO run? Let's discuss three compelling reasons to buy Zoom -- and <a href=\"https://laohu8.com/S/AONE.U\">one</a> reason to sell it.</p>\n<h2><b>1. It's still growing like a weed</b></h2>\n<p>Zoom's simple interface, popular brand, and free tier helped it stand out in a crowded market of complicated enterprise-oriented platforms. Zoom was already growing quickly prior to the pandemic -- its revenue rose 88% to $622.7 million in fiscal 2020, which ended in January 2020, and its adjusted net income jumped 513% to $101.3 million.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05b812ad2707eb0c93227920c1df7aad\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Zoom.</span></p>\n<p>In fiscal 2021, its revenue skyrocketed 326% to $2.65 billion as it gained tens of millions of new users throughout the COVID-19 pandemic. Its adjusted net income soared 883% to $995.7 million.</p>\n<p>Zoom's growth should decelerate as the pandemic ends and more people return to work and school, but it still expects its revenue to grow 50% to 51% this year as its adjusted earnings rise 37% to 38%.</p>\n<p>Those rosy estimates indicate Zoon's growing list of competitors -- which include <b>Cisco Systems</b>'&nbsp;Webex, <b>Alphabet</b>'s Google Meet, <b>Microsoft</b>&nbsp;Teams, and<b> <a href=\"https://laohu8.com/S/FB\">Facebook</a></b>'s Messenger Rooms -- aren't gaining much ground in the video conferencing market.</p>\n<h2>2. The pandemic isn't over yet</h2>\n<p>Zoom was often called a \"pandemic stock\" last year because it benefited from remote work and stay-at-home trends. As a result, Zoom's stock pulled back from its all-time high of $588.84 per share, which it hit last October, as vaccination rates rose and more businesses reopened.</p>\n<p>Unfortunately, the recent surge in COVID-19 cases across the U.S. and other countries -- which can be attributed to the highly contagious delta variant and stagnant vaccination rates -- suggests the pandemic is far from over. If the pandemic worsens and sparks fresh lockdown measures, Zoom's full-year estimates -- which it provided in early June -- could be far too low.</p>\n<h2>3. Its ecosystem is expanding</h2>\n<p>The skeptics might claim Zoom is a one-trick pony without a competitive moat, but it's repeatedly expanded its ecosystem over the past few years. It's added new collaborative features to Zoom Rooms, integrated its services with other enterprise communication platforms, upgraded its security features, launched all-in-one Zoom Phone appliances, and invested in real-time AI-powered translation tools with its recent acquisition of the German start-up Kites.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d46562b5e11461b8555f28a2fa8740d5\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Zoom.</span></p>\n<p>Zoom also expanded its App Store, which extends its platform's functionality with third-party apps, and launched Zoom Events for large-scale live events. Its planned $14.7 billion purchase of the cloud contact center provider <b>Five9</b>&nbsp;could complement all those efforts and accelerate its long-term evolution into a diversified cloud communications giant.</p>\n<h2>The reason to sell: Its valuation</h2>\n<p>Zoom's growth rates are impressive, but the stock is undeniably expensive at 77 times forward earnings and about 27 times this year's sales.</p>\n<p>But when Zoom closed at $62 per share on its first trading day, the company was valued at nearly $16 billion -- or 26 times the revenue it actually generated in fiscal 2020. Therefore, Zoom isn't much pricier than it was at the time of its IPO, but the stock is now trading nearly 500% higher -- so investors who worried too much about its valuations over the past two years missed out on some massive gains.</p>\n<p>That said, Zoom's stock has always been priced for perfection. The pandemic helped it repeatedly beat Wall Street's expectations, and its own rosy guidance suggests it's still firing on all cylinders. But if Zoom fails to clear Wall Street's high bar just once, its stock could plunge. The bears will start growling about a post-pandemic slowdown and competing platforms again, and the bulls will rush toward the exits.</p>\n<h2>Do Zoom's strengths outweigh its weaknesses?</h2>\n<p>I was deeply skeptical of Zoom at first, but I recently bought some shares because I believe its strengths outweigh its weaknesses. The stock is certainly expensive, but its simple and streamlined approach to video conferencing has clearly disrupted a dusty and stagnant market.</p>\n<p>Zoom isn't letting its core platform languish, as Cisco did with Webex and Microsoft did with Skype, and it has clear plans for its future. If it achieves its planned transformation into a cloud communications platform, it might be worth a lot more in just a few years.</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>3 Reasons to Buy Zoom Video Communications, and 1 Reason to Sell</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons to Buy Zoom Video Communications, and 1 Reason to Sell\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 21:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/29/3-reasons-to-buy-zoom-video-communications-and-1-r/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Zoom Video Communications (NASDAQ:ZM) has been an impressive growth stock since its initial public offering two years ago. The video conferencing company went public at $36 per share, and it's trading...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/29/3-reasons-to-buy-zoom-video-communications-and-1-r/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"source_url":"https://www.fool.com/investing/2021/07/29/3-reasons-to-buy-zoom-video-communications-and-1-r/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155003319","content_text":"Zoom Video Communications (NASDAQ:ZM) has been an impressive growth stock since its initial public offering two years ago. The video conferencing company went public at $36 per share, and it's trading at nearly $360 at the time of this writing -- which gives it a market cap of over $100 billion.\nZoom certainly became a household name during the pandemic, but is the stock still worth buying after its massive post-IPO run? Let's discuss three compelling reasons to buy Zoom -- and one reason to sell it.\n1. It's still growing like a weed\nZoom's simple interface, popular brand, and free tier helped it stand out in a crowded market of complicated enterprise-oriented platforms. Zoom was already growing quickly prior to the pandemic -- its revenue rose 88% to $622.7 million in fiscal 2020, which ended in January 2020, and its adjusted net income jumped 513% to $101.3 million.\nImage source: Zoom.\nIn fiscal 2021, its revenue skyrocketed 326% to $2.65 billion as it gained tens of millions of new users throughout the COVID-19 pandemic. Its adjusted net income soared 883% to $995.7 million.\nZoom's growth should decelerate as the pandemic ends and more people return to work and school, but it still expects its revenue to grow 50% to 51% this year as its adjusted earnings rise 37% to 38%.\nThose rosy estimates indicate Zoon's growing list of competitors -- which include Cisco Systems' Webex, Alphabet's Google Meet, Microsoft Teams, and Facebook's Messenger Rooms -- aren't gaining much ground in the video conferencing market.\n2. The pandemic isn't over yet\nZoom was often called a \"pandemic stock\" last year because it benefited from remote work and stay-at-home trends. As a result, Zoom's stock pulled back from its all-time high of $588.84 per share, which it hit last October, as vaccination rates rose and more businesses reopened.\nUnfortunately, the recent surge in COVID-19 cases across the U.S. and other countries -- which can be attributed to the highly contagious delta variant and stagnant vaccination rates -- suggests the pandemic is far from over. If the pandemic worsens and sparks fresh lockdown measures, Zoom's full-year estimates -- which it provided in early June -- could be far too low.\n3. Its ecosystem is expanding\nThe skeptics might claim Zoom is a one-trick pony without a competitive moat, but it's repeatedly expanded its ecosystem over the past few years. It's added new collaborative features to Zoom Rooms, integrated its services with other enterprise communication platforms, upgraded its security features, launched all-in-one Zoom Phone appliances, and invested in real-time AI-powered translation tools with its recent acquisition of the German start-up Kites.\nImage source: Zoom.\nZoom also expanded its App Store, which extends its platform's functionality with third-party apps, and launched Zoom Events for large-scale live events. Its planned $14.7 billion purchase of the cloud contact center provider Five9 could complement all those efforts and accelerate its long-term evolution into a diversified cloud communications giant.\nThe reason to sell: Its valuation\nZoom's growth rates are impressive, but the stock is undeniably expensive at 77 times forward earnings and about 27 times this year's sales.\nBut when Zoom closed at $62 per share on its first trading day, the company was valued at nearly $16 billion -- or 26 times the revenue it actually generated in fiscal 2020. Therefore, Zoom isn't much pricier than it was at the time of its IPO, but the stock is now trading nearly 500% higher -- so investors who worried too much about its valuations over the past two years missed out on some massive gains.\nThat said, Zoom's stock has always been priced for perfection. The pandemic helped it repeatedly beat Wall Street's expectations, and its own rosy guidance suggests it's still firing on all cylinders. But if Zoom fails to clear Wall Street's high bar just once, its stock could plunge. The bears will start growling about a post-pandemic slowdown and competing platforms again, and the bulls will rush toward the exits.\nDo Zoom's strengths outweigh its weaknesses?\nI was deeply skeptical of Zoom at first, but I recently bought some shares because I believe its strengths outweigh its weaknesses. The stock is certainly expensive, but its simple and streamlined approach to video conferencing has clearly disrupted a dusty and stagnant market.\nZoom isn't letting its core platform languish, as Cisco did with Webex and Microsoft did with Skype, and it has clear plans for its future. If it achieves its planned transformation into a cloud communications platform, it might be worth a lot more in just a few years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152297279,"gmtCreate":1625294260891,"gmtModify":1703740146554,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Latest&nbsp;","listText":"Latest&nbsp;","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152297279","repostId":"1130764181","repostType":4,"repost":{"id":"1130764181","kind":"news","pubTimestamp":1625286741,"share":"https://ttm.financial/m/news/1130764181?lang=&edition=fundamental","pubTime":"2021-07-03 12:32","market":"us","language":"en","title":"Airbnb Stock: Is It A Buy? Here's What Fundamentals, ABNB Stock Chart Action Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1130764181","media":"investors","summary":"Airbnb stock has dazzled investors since its Nasdaq debut in December last year. From its initial pu","content":"<p>Airbnb stock has dazzled investors since its Nasdaq debut in December last year. From its initial public offering price of $68 per share, ABNB stock soared as much as 223%, hitting an all-time high of 219.94 on Feb. 11.</p>\n<p>Airbnb saw a nice reversal on Wednesday, turning an early mild loss into a 4.8% gain in accelerating turnover. That cut the stock's loss for the second quarter to nearly 19%. The stock also retook a key technical level on its chart: the50-day moving average.</p>\n<p>On May 24, the company unveiled more than 100 upgrades \"to refine and improve every aspect of the Airbnb service, from our website and app to our community support and policies,\" Airbnb noted in a news release. Investors liked the news. On May 27, shares surged 6.3% in triple its average volume over the past 50 sessions.</p>\n<p>That helped ABNB stock end a seven-week slump and lodge a 4.2% gain for the week ended May 28. Airbnb powered 7% higher the very next week. And the small size of weekly declines lately adds another hint that institutional investors are feasting on the beaten-down shares.</p>\n<p>On June 21, Airbnb announced that the first house designed by the renowned Catalan architect Antoni Gaudi, Casa Vicens in Barcelona, has been listed on its rental website.</p>\n<p>How would the bears view the action lately?</p>\n<p>One might take the sober view that<b>Airbnb</b>(ABNB) is still attempting a fledgling recovery after falling seven weeks in a row, trying to bottom out after posting Q1 results on May 14.</p>\n<p>Weak action replaced the uptrend, albeit a brief one, that began with a January breakout past a 175.07proper buy pointin anarrow, closet-width IPO base. Some investors may feel some frustration over how ABNB stock has made a full round trip of its gains.</p>\n<p>When a stock gives up a double-digit percentage gain from thebuy point, it triggers adefensive sell signal.</p>\n<p>For now, Airbnb stock has locked current shareholders into a narrowing trading range lately, between 130 and 160.</p>\n<p><b>Airbnb Stock: Is It A Buy Now?</b></p>\n<p>This story analyzes all facets of the innovator in leisure travel in terms of fundamentals, technicals and mutual fund ownership. All of these elements get inputted intoIBD's CAN SLIM methodology, a research-proven seven-point paradigm for successful growth stock investing.</p>\n<p>Notice on a daily chart how the stock is now holding above its21-day exponential moving average— bullish. Also, shares are trying to climb back above the key 50-day line, which has been sliding since mid-April.</p>\n<p>Finally, the 10-day simple moving average is rising for the first time since May. (You can set a 10-day simple moving average and21-day exponential moving averageon adaily chart at MarketSmith.)</p>\n<p>In the first quarter of 2021, San Francisco-based Airbnb reported revenue of $887 million, up 5% vs. a year ago; that marked a four-quarter slump of top-line growth and pounded the FactSet consensus view. The company also noted a 13% year-over-year rise in \"nights and experiences booked\" to 64.4 million. It recorded a net loss of $1.17 billion (-$1.95 a share) vs. a net loss of $341 million in Q1 of 2020 (-$1.30 per share).</p>\n<p>The Street had expected the company to lose $1.19 a share and post $714 million in sales, down 15% vs. a year earlier.</p>\n<p><b>ABNB Analysis: Is Relative Strength On The Mend?</b></p>\n<p>This may confuse some investors: How can a stock like Airbnb show a weakRelative Strength Ratingof 12 (on a scale of 1 to 99) when the stock has already gone up a lot from its initial offering price?</p>\n<p>One reason: ABNB has now traded 6-1/2 months in the public market, but the RS Rating covers 12-month relative price performance. In general, you want to home in on companies that show an RS Rating of 85 or higher. Why? That way you're selecting stocks already showing strength and ranking in the top 15% in terms of stock price strength.</p>\n<p>When it comes to picking high-flying growth stocks, those withsuperior price strengthtend to make new highs, then keep going higher.</p>\n<p>Also, the RS Rating places emphasis on the past three months of action. Since the start of Q2, ABNB stock in fact has fallen sharply. So that underwhelming performance also hurts its relative strength score.</p>\n<p>Keep an eye on theAccumulation/Distribution Rating, too. Right now, Airbnb gets a solid B+ grade on a scale of A to E. This proprietary IBD rating measures the amount of heavy institutional buying vs. selling. A grade of C+ or higher denotes net institutional buying over the past 13 weeks; C- or lower points to net selling.</p>\n<p>If you want a stock that is eagerly getting scooped by mutual funds, banks, college endowments and the like, prefer those with an A or B grade before you buy.</p>\n<p><b>ABNB Stock Fundamentals Today</b></p>\n<p>The San Francisco-based firm's disruptive business model: Allow house and condo owners turn their properties into short-term rentals. The idea has hatched plenty of competitors. Even large hotel chains offer similar properties in addition to their standard lodging accommodations. So, competition is truly fierce. Plus, coronavirus walloped the lodging industry in 2020. No wonder Airbnb's revenue declined in three of its four quarters last year.</p>\n<p>After a nominal pickup in the top line in the first quarter of 2020, Airbnb saw revenues fall 72%, 18% and 22% vs. year-ago levels in Q2, Q3 and Q4, respectively.</p>\n<p>Over that same time frame, Airbnb lost a total $1.74 a share. The company has 608 million shares outstanding.</p>\n<p>Will business improve in 2021?</p>\n<p>Right now, Wall Street thinks Airbnb will keep bleeding red ink, losing another $1.59 a share in 2021. However, the bottom-line consensus estimate for 2022 has turned from a net loss of 26 cents to earnings of 8 cents a share, an encouraging sign.</p>\n<p>Analysts polled by FactSet also see revenue rebounding 271% in the second quarter of this year to $1.24 billion vs. year-ago levels, then gain another 42% to $1.9 billion in Q3.</p>\n<p>So, any fresh positive guidance on both the top and bottom lines could spark renewed buying in Airbnb stock.</p>\n<p>For now, Airbnb's recent 10Earnings Per Share Ratingmeans its profit record in the near and long term is superior to only 10% of all publicly traded companies. In most cases, you'd prefer companies with an EPS score of 80 or higher. The SMR Rating, analyzing sales, profit margins and return on equity, sits at the lowest possible E grade.</p>\n<p><b>The I In CAN SLIM: Institutional Ownership</b></p>\n<p>Fortunately, mutual funds are increasingly accumulating ABNB stock.</p>\n<p>MarketSmith datashows the total number of mutual funds owning a piece of Airbnb has recently hit 734 funds at the end of the first quarter vs. 656 in Q4 2020. Top funds holding a stake include Janus Henderson Enterprise Fund (JANEX), Franklin Growth (FKGRX), MFS Growth (MFEGX) and Barron Asset Retail (BARAX).</p>\n<p>Management owns 1% of the entire company. The float, at 189 million shares, is rising. Yet, this float poses just a fraction of the 608.4 million shares outstanding. So, individual investors should prepare for secondary offerings of closely held shares that could hit the stock in the future.</p>\n<p>While the stock is now forming anew base, a bullish chart pattern has yet to emerge. Plus, the stock still trades more than 30% off its all-time peak of 219.94.</p>\n<p>This means the stock is not in the right position to stage anoutstanding breakout. However, please listen to the end of the June 15IBD Live showbroadcast for suggestions on how a trend line could be drawn on the current chart action; this trend line identifies anaggressive entry point.</p>\n<p>All in all, ABNB stock is not a buy right now. But watch for agreat baseto fully form. Patience could pay off in spades.</p>\n<p></p>","source":"lsy1610449120050","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>Airbnb Stock: Is It A Buy? Here's What Fundamentals, ABNB Stock Chart Action Say</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\">\nAirbnb Stock: Is It A Buy? Here's What Fundamentals, ABNB Stock Chart Action Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 12:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/research/airbnb-abnb-stock-buy-now/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Airbnb stock has dazzled investors since its Nasdaq debut in December last year. From its initial public offering price of $68 per share, ABNB stock soared as much as 223%, hitting an all-time high of...</p>\n\n<a href=\"https://www.investors.com/research/airbnb-abnb-stock-buy-now/?src=A00220\">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"},"source_url":"https://www.investors.com/research/airbnb-abnb-stock-buy-now/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130764181","content_text":"Airbnb stock has dazzled investors since its Nasdaq debut in December last year. From its initial public offering price of $68 per share, ABNB stock soared as much as 223%, hitting an all-time high of 219.94 on Feb. 11.\nAirbnb saw a nice reversal on Wednesday, turning an early mild loss into a 4.8% gain in accelerating turnover. That cut the stock's loss for the second quarter to nearly 19%. The stock also retook a key technical level on its chart: the50-day moving average.\nOn May 24, the company unveiled more than 100 upgrades \"to refine and improve every aspect of the Airbnb service, from our website and app to our community support and policies,\" Airbnb noted in a news release. Investors liked the news. On May 27, shares surged 6.3% in triple its average volume over the past 50 sessions.\nThat helped ABNB stock end a seven-week slump and lodge a 4.2% gain for the week ended May 28. Airbnb powered 7% higher the very next week. And the small size of weekly declines lately adds another hint that institutional investors are feasting on the beaten-down shares.\nOn June 21, Airbnb announced that the first house designed by the renowned Catalan architect Antoni Gaudi, Casa Vicens in Barcelona, has been listed on its rental website.\nHow would the bears view the action lately?\nOne might take the sober view thatAirbnb(ABNB) is still attempting a fledgling recovery after falling seven weeks in a row, trying to bottom out after posting Q1 results on May 14.\nWeak action replaced the uptrend, albeit a brief one, that began with a January breakout past a 175.07proper buy pointin anarrow, closet-width IPO base. Some investors may feel some frustration over how ABNB stock has made a full round trip of its gains.\nWhen a stock gives up a double-digit percentage gain from thebuy point, it triggers adefensive sell signal.\nFor now, Airbnb stock has locked current shareholders into a narrowing trading range lately, between 130 and 160.\nAirbnb Stock: Is It A Buy Now?\nThis story analyzes all facets of the innovator in leisure travel in terms of fundamentals, technicals and mutual fund ownership. All of these elements get inputted intoIBD's CAN SLIM methodology, a research-proven seven-point paradigm for successful growth stock investing.\nNotice on a daily chart how the stock is now holding above its21-day exponential moving average— bullish. Also, shares are trying to climb back above the key 50-day line, which has been sliding since mid-April.\nFinally, the 10-day simple moving average is rising for the first time since May. (You can set a 10-day simple moving average and21-day exponential moving averageon adaily chart at MarketSmith.)\nIn the first quarter of 2021, San Francisco-based Airbnb reported revenue of $887 million, up 5% vs. a year ago; that marked a four-quarter slump of top-line growth and pounded the FactSet consensus view. The company also noted a 13% year-over-year rise in \"nights and experiences booked\" to 64.4 million. It recorded a net loss of $1.17 billion (-$1.95 a share) vs. a net loss of $341 million in Q1 of 2020 (-$1.30 per share).\nThe Street had expected the company to lose $1.19 a share and post $714 million in sales, down 15% vs. a year earlier.\nABNB Analysis: Is Relative Strength On The Mend?\nThis may confuse some investors: How can a stock like Airbnb show a weakRelative Strength Ratingof 12 (on a scale of 1 to 99) when the stock has already gone up a lot from its initial offering price?\nOne reason: ABNB has now traded 6-1/2 months in the public market, but the RS Rating covers 12-month relative price performance. In general, you want to home in on companies that show an RS Rating of 85 or higher. Why? That way you're selecting stocks already showing strength and ranking in the top 15% in terms of stock price strength.\nWhen it comes to picking high-flying growth stocks, those withsuperior price strengthtend to make new highs, then keep going higher.\nAlso, the RS Rating places emphasis on the past three months of action. Since the start of Q2, ABNB stock in fact has fallen sharply. So that underwhelming performance also hurts its relative strength score.\nKeep an eye on theAccumulation/Distribution Rating, too. Right now, Airbnb gets a solid B+ grade on a scale of A to E. This proprietary IBD rating measures the amount of heavy institutional buying vs. selling. A grade of C+ or higher denotes net institutional buying over the past 13 weeks; C- or lower points to net selling.\nIf you want a stock that is eagerly getting scooped by mutual funds, banks, college endowments and the like, prefer those with an A or B grade before you buy.\nABNB Stock Fundamentals Today\nThe San Francisco-based firm's disruptive business model: Allow house and condo owners turn their properties into short-term rentals. The idea has hatched plenty of competitors. Even large hotel chains offer similar properties in addition to their standard lodging accommodations. So, competition is truly fierce. Plus, coronavirus walloped the lodging industry in 2020. No wonder Airbnb's revenue declined in three of its four quarters last year.\nAfter a nominal pickup in the top line in the first quarter of 2020, Airbnb saw revenues fall 72%, 18% and 22% vs. year-ago levels in Q2, Q3 and Q4, respectively.\nOver that same time frame, Airbnb lost a total $1.74 a share. The company has 608 million shares outstanding.\nWill business improve in 2021?\nRight now, Wall Street thinks Airbnb will keep bleeding red ink, losing another $1.59 a share in 2021. However, the bottom-line consensus estimate for 2022 has turned from a net loss of 26 cents to earnings of 8 cents a share, an encouraging sign.\nAnalysts polled by FactSet also see revenue rebounding 271% in the second quarter of this year to $1.24 billion vs. year-ago levels, then gain another 42% to $1.9 billion in Q3.\nSo, any fresh positive guidance on both the top and bottom lines could spark renewed buying in Airbnb stock.\nFor now, Airbnb's recent 10Earnings Per Share Ratingmeans its profit record in the near and long term is superior to only 10% of all publicly traded companies. In most cases, you'd prefer companies with an EPS score of 80 or higher. The SMR Rating, analyzing sales, profit margins and return on equity, sits at the lowest possible E grade.\nThe I In CAN SLIM: Institutional Ownership\nFortunately, mutual funds are increasingly accumulating ABNB stock.\nMarketSmith datashows the total number of mutual funds owning a piece of Airbnb has recently hit 734 funds at the end of the first quarter vs. 656 in Q4 2020. Top funds holding a stake include Janus Henderson Enterprise Fund (JANEX), Franklin Growth (FKGRX), MFS Growth (MFEGX) and Barron Asset Retail (BARAX).\nManagement owns 1% of the entire company. The float, at 189 million shares, is rising. Yet, this float poses just a fraction of the 608.4 million shares outstanding. So, individual investors should prepare for secondary offerings of closely held shares that could hit the stock in the future.\nWhile the stock is now forming anew base, a bullish chart pattern has yet to emerge. Plus, the stock still trades more than 30% off its all-time peak of 219.94.\nThis means the stock is not in the right position to stage anoutstanding breakout. However, please listen to the end of the June 15IBD Live showbroadcast for suggestions on how a trend line could be drawn on the current chart action; this trend line identifies anaggressive entry point.\nAll in all, ABNB stock is not a buy right now. But watch for agreat baseto fully form. Patience could pay off in spades.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9058378711,"gmtCreate":1654809896433,"gmtModify":1676535512299,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9058378711","repostId":"1183566224","repostType":4,"repost":{"id":"1183566224","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1654787835,"share":"https://ttm.financial/m/news/1183566224?lang=&edition=fundamental","pubTime":"2022-06-09 23:17","market":"us","language":"zh","title":"美国交通监管部门对83万辆特斯拉汽车展开调查","url":"https://stock-news.laohu8.com/highlight/detail?id=1183566224","media":"老虎资讯综合","summary":"调查重点是其自动驾驶功能Autopilot。","content":"<html><head></head><body><p>周四，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>涨幅短线回落。消息面上，美国国家公路交通安全管理局对83万辆特斯拉汽车展开调查，调查重点是其自动驾驶功能Autopilot。</p><p><img src=\"https://static.tigerbbs.com/cccdb27a9ed8c5c18cc7ca10657603c6\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>美国交通监管部门对83万辆特斯拉汽车展开调查</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美国交通监管部门对83万辆特斯拉汽车展开调查\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2022-06-09 23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>周四，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>涨幅短线回落。消息面上，美国国家公路交通安全管理局对83万辆特斯拉汽车展开调查，调查重点是其自动驾驶功能Autopilot。</p><p><img src=\"https://static.tigerbbs.com/cccdb27a9ed8c5c18cc7ca10657603c6\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b4edcd70007a48ee832e76f61e110854","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183566224","content_text":"周四，特斯拉涨幅短线回落。消息面上，美国国家公路交通安全管理局对83万辆特斯拉汽车展开调查，调查重点是其自动驾驶功能Autopilot。","news_type":1},"isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9014701474,"gmtCreate":1649717129130,"gmtModify":1676534554479,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9014701474","repostId":"2226683093","repostType":4,"repost":{"id":"2226683093","kind":"highlight","pubTimestamp":1649691304,"share":"https://ttm.financial/m/news/2226683093?lang=&edition=fundamental","pubTime":"2022-04-11 23:35","market":"us","language":"en","title":"3 of the Smartest Stocks to Buy in a Fed-Induced Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2226683093","media":"Motley Fool","summary":"A tumbling stock market is the ideal time to put your money to work in these rock-solid companies.","content":"<html><head></head><body><p>A little over a year ago, things couldn&#39;t have been better for Wall Street. The major U.S. indexes were a year removed from their pandemic bottom and had delivered <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the strongest bounces from a bear-market in history. What&#39;s more, there was abundant access to cheap capital and the Federal Reserve was intent on maintaining its dovish monetary stance.</p><p>But over the past 12 months, the wheels fell off the wagon in dramatic fashion -- and the nation&#39;s central bank may be to blame.</p><p>While no one ever said overseeing monetary policy for the largest economy in the world would be easy, in hindsight the Fed left its foot on the accelerator for far too long. A combination of historically low lending rates and ongoing quantitative easing measures designed to drive down long-term bond yields has played a big role in sending the U.S. inflation rate to a four-decade high. In fact, a good argument can be made that the growth-focused <b>Nasdaq Composite</b>&#39;s brief tumble into bear market territory was primarily Fed-induced.</p><p>Although big drops in the market can be scary at times -- especially when they&#39;re caused by the Fed shifting course -- they&#39;re historically the best time to put your money to work. That&#39;s because all notable declines are eventually erased by a bull market rally.</p><p>Below are three of the smartest stocks investors can buy in a Fed-driven bear market.</p><h2><a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway</a></h2><p>The first stock investors would be wise to buy in a Fed-induced bear market is conglomerate <b>Berkshire Hathaway</b> ( BRK.A )( BRK.B).</p><p>Berkshire may not be a household name, but its CEO, billionaire Warren Buffett, probably is. Since taking over as CEO of the company in 1965, Buffett has overseen more than $760 billion in valuation creation for shareholders (himself included), and he&#39;s led Berkshire&#39;s Class A shares (BRK.A) to an average annual gain of just over 20%. In aggregate, we&#39;re talking about an increase of 4,210,069%, as of April 7.</p><p>One of Buffett&#39;s not-so-subtle secrets to success is that he&#39;s packed Berkshire Hathaway&#39;s portfolio with cyclical companies. These are businesses that thrive when the economy is firing on all cylinders and struggle a bit when recessions strike. Instead of trying to time these inevitable downturns, Buffett has positioned Berkshire Hathaway and its investment portfolio to take advantage of long-winded expansions. After all, economic expansions last considerably longer than recessions.</p><p>Something else to consider is that a sizable percentage of Berkshire Hathaway&#39;s owned and invested assets are in the financial sector. The Fed has made clear that it intends to reduce its balance sheet (i.e., sell Treasury bonds) and raise interest rates. Higher lending rates will be a boon for bank stocks that have variable-rate outstanding loans, and it&#39;ll also allow insurance companies to generate more interest income on their float (i.e., their unused premium). In short, Berkshire Hathaway is well-positioned to navigate a rising-rate environment.</p><p>Berkshire Hathaway&#39;s success is also a function of Buffett&#39;s love for dividend stocks. Companies that pay a dividend are often profitable, time-tested, and have transparent long-term outlooks. This year, Berkshire should collect in excess of $5 billion in dividend income, with north of $4 billion coming from just a half-dozen holdings.</p><p>Long story short, riding Buffett&#39;s coattails has long been a moneymaking investment strategy.</p><p><img src=\"https://static.tigerbbs.com/258390c72eb8866a0650f6b06661fd51\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/></p><p>Image source: Getty Images.</p><h2><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings</a></h2><p>Just because the stock market is falling and the Fed is scrambling to control historically high inflation, it doesn&#39;t mean growth stocks are off-limits for patient investors. A perfect example of a fast-paced company that&#39;s a smart buy is cybersecurity stock <b>CrowdStrike Holdings</b> (CRWD).</p><p>Since the pandemic began more than two years ago, businesses have accelerated the pace at which they&#39;ve moved data online and into the cloud. Given that hackers and robots don&#39;t take time off just because Wall Street had a bad day, the onus of protecting this data is increasingly falling onto third-party providers like CrowdStrike. Put another way, cybersecurity has evolved from an optional to essential service over the past two-plus decades.</p><p>While the cybersecurity industry should be home to a number of winners, CrowdStrike really stands out for its cloud-native Falcon security platform. Falcon oversees approximately 1 trillion events <i>per day</i> and relies on artificial intelligence to grow more efficient at recognizing and responding to potential end-user threats. CrowdStrike isn&#39;t the cheapest solution in cybersecurity, but its gross retention rate of 98% suggests it&#39;s one of the best.</p><p>Additional proof of Falcon&#39;s success can be seen in CrowdStrike&#39;s subscriber figures and organic growth rate. Over the past five years, the company&#39;s subscriber count has grown by an annual average of 105%. What&#39;s more, CrowdStrike has reported 16 consecutive quarters with a dollar-based retention rate of at least 120%.  This is a fancy way of saying that existing clients spent at least 20% more on a year-over-year basis for four consecutive years (16 quarters).</p><p>As the premier name in cybersecurity, any significant pullback in a Fed-driven bear market should be viewed as a buying opportunity.</p><p><img src=\"https://static.tigerbbs.com/b13f98298635a74f4491a99bf47eeded\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/></p><p>Image source: Getty Images.</p><h2><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a></h2><p>A third exceptionally smart stock to buy during a Fed-induced bear market is pharmacy chain <b>Walgreens Boots Alliance</b> (WBA).</p><p>Generally, healthcare stocks are nearly impervious to wild vacillations in the stock market and, to some extent, the U.S. economy. Because we can&#39;t control when we get sick, there&#39;s always demand for prescription drugs, medical devices, and healthcare services.</p><p>However, Walgreens proved to be a bit of an exception to this rule during the initial stages of the COVID-19 pandemic. Since pharmacy chains are reliant on foot traffic into their stores, the pandemic put a hurting on Walgreens and its peers for a couple of quarters. With the worst of the pandemic likely in the rearview mirror, Walgreens looks poised to shine no matter what the nation&#39;s central bank does on the interest rate front.</p><p>What makes Walgreens Boots Alliance such an attractive investment is the company&#39;s multipoint strategy to lift its margins and organic growth rate. As an example, Walgreens has slashed more than $2 billion in annual operating expenses a full year ahead of schedule. At the same time, it&#39;s spent aggressively on digitization initiatives that&#39;ll promote direct-to-consumer sales. Even though its brick-and-mortar locations will remain its primary revenue driver, the convenience of online sales should have no trouble boosting the company&#39;s organic growth rate.</p><p>Speaking of organic growth, Walgreens has also partnered with and invested in VillageMD. The two have opened more than 100 full-service clinics nationwide, as of Feb. 28, 2022, with the goal of reaching at least 600 clinics in more than 30 U.S. markets by the end of 2025.  The key here is that these are full-service, physician-staffed clinics, and can therefore handle much more than administering a vaccine. The ability to court repeat clients and funnel those patients to Walgreens&#39; pharmacy should help improve brand loyalty and the company&#39;s bottom line.</p><p>With Walgreens valued at just 9 times Wall Street&#39;s forecast earnings for fiscal 2022 (ended Aug. 31, 2022), now is the perfect time to pounce.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 of the Smartest Stocks to Buy in a Fed-Induced Bear Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 of the Smartest Stocks to Buy in a Fed-Induced Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-11 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/11/3-smartest-stocks-buy-in-a-fed-induced-bear-market/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A little over a year ago, things couldn't have been better for Wall Street. The major U.S. indexes were a year removed from their pandemic bottom and had delivered one of the strongest bounces from a ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/11/3-smartest-stocks-buy-in-a-fed-induced-bear-market/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WBA":"沃尔格林联合博姿","BRK.B":"伯克希尔B","BRK.A":"伯克希尔","CRWD":"CrowdStrike Holdings, Inc."},"source_url":"https://www.fool.com/investing/2022/04/11/3-smartest-stocks-buy-in-a-fed-induced-bear-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2226683093","content_text":"A little over a year ago, things couldn't have been better for Wall Street. The major U.S. indexes were a year removed from their pandemic bottom and had delivered one of the strongest bounces from a bear-market in history. What's more, there was abundant access to cheap capital and the Federal Reserve was intent on maintaining its dovish monetary stance.But over the past 12 months, the wheels fell off the wagon in dramatic fashion -- and the nation's central bank may be to blame.While no one ever said overseeing monetary policy for the largest economy in the world would be easy, in hindsight the Fed left its foot on the accelerator for far too long. A combination of historically low lending rates and ongoing quantitative easing measures designed to drive down long-term bond yields has played a big role in sending the U.S. inflation rate to a four-decade high. In fact, a good argument can be made that the growth-focused Nasdaq Composite's brief tumble into bear market territory was primarily Fed-induced.Although big drops in the market can be scary at times -- especially when they're caused by the Fed shifting course -- they're historically the best time to put your money to work. That's because all notable declines are eventually erased by a bull market rally.Below are three of the smartest stocks investors can buy in a Fed-driven bear market.Berkshire HathawayThe first stock investors would be wise to buy in a Fed-induced bear market is conglomerate Berkshire Hathaway ( BRK.A )( BRK.B).Berkshire may not be a household name, but its CEO, billionaire Warren Buffett, probably is. Since taking over as CEO of the company in 1965, Buffett has overseen more than $760 billion in valuation creation for shareholders (himself included), and he's led Berkshire's Class A shares (BRK.A) to an average annual gain of just over 20%. In aggregate, we're talking about an increase of 4,210,069%, as of April 7.One of Buffett's not-so-subtle secrets to success is that he's packed Berkshire Hathaway's portfolio with cyclical companies. These are businesses that thrive when the economy is firing on all cylinders and struggle a bit when recessions strike. Instead of trying to time these inevitable downturns, Buffett has positioned Berkshire Hathaway and its investment portfolio to take advantage of long-winded expansions. After all, economic expansions last considerably longer than recessions.Something else to consider is that a sizable percentage of Berkshire Hathaway's owned and invested assets are in the financial sector. The Fed has made clear that it intends to reduce its balance sheet (i.e., sell Treasury bonds) and raise interest rates. Higher lending rates will be a boon for bank stocks that have variable-rate outstanding loans, and it'll also allow insurance companies to generate more interest income on their float (i.e., their unused premium). In short, Berkshire Hathaway is well-positioned to navigate a rising-rate environment.Berkshire Hathaway's success is also a function of Buffett's love for dividend stocks. Companies that pay a dividend are often profitable, time-tested, and have transparent long-term outlooks. This year, Berkshire should collect in excess of $5 billion in dividend income, with north of $4 billion coming from just a half-dozen holdings.Long story short, riding Buffett's coattails has long been a moneymaking investment strategy.Image source: Getty Images.CrowdStrike HoldingsJust because the stock market is falling and the Fed is scrambling to control historically high inflation, it doesn't mean growth stocks are off-limits for patient investors. A perfect example of a fast-paced company that's a smart buy is cybersecurity stock CrowdStrike Holdings (CRWD).Since the pandemic began more than two years ago, businesses have accelerated the pace at which they've moved data online and into the cloud. Given that hackers and robots don't take time off just because Wall Street had a bad day, the onus of protecting this data is increasingly falling onto third-party providers like CrowdStrike. Put another way, cybersecurity has evolved from an optional to essential service over the past two-plus decades.While the cybersecurity industry should be home to a number of winners, CrowdStrike really stands out for its cloud-native Falcon security platform. Falcon oversees approximately 1 trillion events per day and relies on artificial intelligence to grow more efficient at recognizing and responding to potential end-user threats. CrowdStrike isn't the cheapest solution in cybersecurity, but its gross retention rate of 98% suggests it's one of the best.Additional proof of Falcon's success can be seen in CrowdStrike's subscriber figures and organic growth rate. Over the past five years, the company's subscriber count has grown by an annual average of 105%. What's more, CrowdStrike has reported 16 consecutive quarters with a dollar-based retention rate of at least 120%.  This is a fancy way of saying that existing clients spent at least 20% more on a year-over-year basis for four consecutive years (16 quarters).As the premier name in cybersecurity, any significant pullback in a Fed-driven bear market should be viewed as a buying opportunity.Image source: Getty Images.Walgreens Boots AllianceA third exceptionally smart stock to buy during a Fed-induced bear market is pharmacy chain Walgreens Boots Alliance (WBA).Generally, healthcare stocks are nearly impervious to wild vacillations in the stock market and, to some extent, the U.S. economy. Because we can't control when we get sick, there's always demand for prescription drugs, medical devices, and healthcare services.However, Walgreens proved to be a bit of an exception to this rule during the initial stages of the COVID-19 pandemic. Since pharmacy chains are reliant on foot traffic into their stores, the pandemic put a hurting on Walgreens and its peers for a couple of quarters. With the worst of the pandemic likely in the rearview mirror, Walgreens looks poised to shine no matter what the nation's central bank does on the interest rate front.What makes Walgreens Boots Alliance such an attractive investment is the company's multipoint strategy to lift its margins and organic growth rate. As an example, Walgreens has slashed more than $2 billion in annual operating expenses a full year ahead of schedule. At the same time, it's spent aggressively on digitization initiatives that'll promote direct-to-consumer sales. Even though its brick-and-mortar locations will remain its primary revenue driver, the convenience of online sales should have no trouble boosting the company's organic growth rate.Speaking of organic growth, Walgreens has also partnered with and invested in VillageMD. The two have opened more than 100 full-service clinics nationwide, as of Feb. 28, 2022, with the goal of reaching at least 600 clinics in more than 30 U.S. markets by the end of 2025.  The key here is that these are full-service, physician-staffed clinics, and can therefore handle much more than administering a vaccine. The ability to court repeat clients and funnel those patients to Walgreens' pharmacy should help improve brand loyalty and the company's bottom line.With Walgreens valued at just 9 times Wall Street's forecast earnings for fiscal 2022 (ended Aug. 31, 2022), now is the perfect time to pounce.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019200232,"gmtCreate":1648598912095,"gmtModify":1676534360438,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Yes&nbsp;","listText":"Yes&nbsp;","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019200232","repostId":"1148772300","repostType":4,"repost":{"id":"1148772300","kind":"news","pubTimestamp":1648598431,"share":"https://ttm.financial/m/news/1148772300?lang=&edition=fundamental","pubTime":"2022-03-30 08:00","market":"sg","language":"en","title":"Win Streak Predicted To Continue For Singapore Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1148772300","media":"RTTNews","summary":"The Singapore stock market has moved higher in five straight sessions, improving more than 85 points","content":"<html><head></head><body><p>The Singapore stock market has moved higher in five straight sessions, improving more than 85 points or 2.5 percent along the way. The Straits Times Index now sits just beneath the 3,435-point plateau and it&#39;s poised to extend its gains on Wednesday.</p><p>The global forecast for the Asian markets is broadly positive on hopes for a cease fire between Russia and Ukraine. The European and U.S. markets were up and the Asian bourses figure to follow that lead.</p><p>The STI finished barely higher on Tuesday as gains from the trusts were offset by weakness from the financials and properties.</p><p>For the day, the index picked up 1.91 points or 0.06 percent to finish at 3,433.90 after trading between 3,413.35 and 3,456.09. Volume was 1.72 billion shares worth 1.4 billion Singapore dollars. There were 254 gainers and 202 decliners.</p><p>Among the actives, Ascendas REIT rallied 0.68 percent, while CapitaLand Integrated Commercial Trust collected 0.45 percent, City Developments added 0.38 percent, Comfort DelGro soared 1.35 percent, Dairy Farm International skyrocketed 5.70 percent, DBS Group shed 0.53 percent, Genting Singapore dropped 0.60 percent, Hongkong Land lost 0.20 percent, Keppel Corp and Singapore Exchange both rose 0.31 percent, Mapletree Commercial Trust advanced 0.52 percent, Mapletree Logistics Trust climbed 0.54 percent, Oversea-Chinese Banking Corporation dipped 0.16 percent, SATS tumbled 0.91 percent, SembCorp Industries gained 0.37 percent, Singapore Technologies Engineering slumped 0.48 percent, SingTel fell 0.38 percent, Thai Beverage jumped 0.71 percent, United Overseas Bank sank 0.68 percent, Wilmar International dropped 0.82 percent, Yangzijiang Shipbuilding surged 2.01 percent and Singapore Press Holdings and Singapore Airlines were unchanged.</p><p>The lead from Wall Street is solid as the major averages opened firmly higher on Tuesday and stayed that way throughout the session.</p><p>The Dow surged 338.30 points or 0.97 percent to finish at 35,294.19, while the NASDAQ soared 264.73 points or 1.84 percent to end at 14,619.64 and the S&amp;P 500 climbed 56.08 points or 1.23 percent to close at 4,631.08.</p><p>Reports about encouraging progress in a cease-fire talks between Russia and Ukraine in Turkey helped lift investor sentiment on Wall Street.</p><p>In economic news, the Labor Department said the number of job openings in the United States was little changed in February, while the S&amp;P CoreLogic Case-Shiller 20-city home price index rose 19.1 percent in January. And the Conference Board showed an unexpected improvement in U.S. consumer confidence in March.</p><p>Crude oil prices dropped on Tuesday amid easing worries about global crude supply after positive reports of the peace talks. West Texas Intermediate crude futures for May ended down by $1.72 or 1.6 percent at $104.24 a barrel.</p></body></html>","source":"lsy1626938412129","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>Win Streak Predicted To Continue For Singapore Stock Market</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\">\nWin Streak Predicted To Continue For Singapore Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-30 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3272644/win-streak-predicted-to-continue-for-singapore-stock-market.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has moved higher in five straight sessions, improving more than 85 points or 2.5 percent along the way. The Straits Times Index now sits just beneath the 3,435-point plateau...</p>\n\n<a href=\"https://www.rttnews.com/3272644/win-streak-predicted-to-continue-for-singapore-stock-market.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3272644/win-streak-predicted-to-continue-for-singapore-stock-market.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148772300","content_text":"The Singapore stock market has moved higher in five straight sessions, improving more than 85 points or 2.5 percent along the way. The Straits Times Index now sits just beneath the 3,435-point plateau and it's poised to extend its gains on Wednesday.The global forecast for the Asian markets is broadly positive on hopes for a cease fire between Russia and Ukraine. The European and U.S. markets were up and the Asian bourses figure to follow that lead.The STI finished barely higher on Tuesday as gains from the trusts were offset by weakness from the financials and properties.For the day, the index picked up 1.91 points or 0.06 percent to finish at 3,433.90 after trading between 3,413.35 and 3,456.09. Volume was 1.72 billion shares worth 1.4 billion Singapore dollars. There were 254 gainers and 202 decliners.Among the actives, Ascendas REIT rallied 0.68 percent, while CapitaLand Integrated Commercial Trust collected 0.45 percent, City Developments added 0.38 percent, Comfort DelGro soared 1.35 percent, Dairy Farm International skyrocketed 5.70 percent, DBS Group shed 0.53 percent, Genting Singapore dropped 0.60 percent, Hongkong Land lost 0.20 percent, Keppel Corp and Singapore Exchange both rose 0.31 percent, Mapletree Commercial Trust advanced 0.52 percent, Mapletree Logistics Trust climbed 0.54 percent, Oversea-Chinese Banking Corporation dipped 0.16 percent, SATS tumbled 0.91 percent, SembCorp Industries gained 0.37 percent, Singapore Technologies Engineering slumped 0.48 percent, SingTel fell 0.38 percent, Thai Beverage jumped 0.71 percent, United Overseas Bank sank 0.68 percent, Wilmar International dropped 0.82 percent, Yangzijiang Shipbuilding surged 2.01 percent and Singapore Press Holdings and Singapore Airlines were unchanged.The lead from Wall Street is solid as the major averages opened firmly higher on Tuesday and stayed that way throughout the session.The Dow surged 338.30 points or 0.97 percent to finish at 35,294.19, while the NASDAQ soared 264.73 points or 1.84 percent to end at 14,619.64 and the S&P 500 climbed 56.08 points or 1.23 percent to close at 4,631.08.Reports about encouraging progress in a cease-fire talks between Russia and Ukraine in Turkey helped lift investor sentiment on Wall Street.In economic news, the Labor Department said the number of job openings in the United States was little changed in February, while the S&P CoreLogic Case-Shiller 20-city home price index rose 19.1 percent in January. And the Conference Board showed an unexpected improvement in U.S. consumer confidence in March.Crude oil prices dropped on Tuesday amid easing worries about global crude supply after positive reports of the peace talks. West Texas Intermediate crude futures for May ended down by $1.72 or 1.6 percent at $104.24 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035085614,"gmtCreate":1647474294969,"gmtModify":1676534233820,"author":{"id":"3586859788675252","authorId":"3586859788675252","name":"MINH","avatar":"https://static.tigerbbs.com/536eb7671d76bffcba14ebf4ccd21b93","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586859788675252","authorIdStr":"3586859788675252"},"themes":[],"htmlText":"Yes&nbsp;","listText":"Yes&nbsp;","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035085614","repostId":"2219677762","repostType":4,"repost":{"id":"2219677762","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1647444300,"share":"https://ttm.financial/m/news/2219677762?lang=&edition=fundamental","pubTime":"2022-03-16 23:25","market":"us","language":"en","title":"Here's Why Popular China ETFs are on Track for Their Best One-Day Gain in History","url":"https://stock-news.laohu8.com/highlight/detail?id=2219677762","media":"Dow Jones","summary":"KraneShares China ETF soars about 30% Wednesday.The KraneShares CSI China Internet ETF was soaring o","content":"<html><head></head><body><p>KraneShares China ETF soars about 30% Wednesday.</p><p>The <a href=\"https://laohu8.com/S/KWEB\">KraneShares CSI China Internet ETF</a> was soaring on Wednesday, on track for its best daily gain, if the rally holds, in its history, as China vowed support its economy.</p><p>At last check, the KraneShares ETF<a href=\"https://laohu8.com/S/KWEB\">$(KWEB)$</a>, which tracks the performance of Chinese companies related to the internet and has over $5 billion in assets, was trading up 30%, which would mark its sharpest daily rally on record, dating back to its inception in 2013, FactSet data show.</p><p>The rally for the popular exchange-traded fund comes as all of the constituents of the fund were rallying by double-digits, including Alibaba Group Holding <a href=\"https://laohu8.com/S/09988\">$(09988)$</a>, Baidu Inc. , Pinduoduo Inc. <a href=\"https://laohu8.com/S/PDD\">$(PDD)$</a>, JD.com <a href=\"https://laohu8.com/S/JD\">$(JD)$</a>, Tencent Holdings, <a href=\"https://laohu8.com/S/00700\">$(00700)$</a> and Weibo <a href=\"https://laohu8.com/S/WB\">$(WB)$</a>, to name a few of its 55 components.</p><p>Tencent, Alibaba and JD.com are the biggest weightings in the ETF.</p><p>China said it would work to stabilize Chinese stock markets and boost economic growth in the first quarter with &#34;concrete actions,&#34; according to state-run Xinhua News Agency.</p><p>China supports overseas listing and has achieved positive progress in discussions with Washington over Chinese stocks listed in U.S. markets, the report said, adding that both sides are working to formulate a detailed cooperation plan.</p><p>The statements were enough to inject a dose of optimism in the markets that have been under pressure amid questions about Beijing oversight of Chinese internet companies, fresh lockdowns in parts of the country to limit COVID&#39;s spread, and questions about China&#39;s future role, if any, in the conflict between Russia and Ukraine.</p><p>A separate China-focused fund, the <a href=\"https://laohu8.com/S/EEME\">iShares</a> MSCI China ETF, <a href=\"https://laohu8.com/S/MCHI\">$(MCHI)$</a> which has nearly $6 billion in assets, was up over 15% on the day and headed for its best day on record, dating back to its inception in 2011.</p><p>For the year, however, both funds are substantially lower, with the <a href=\"https://laohu8.com/S/EGRW\">iShares</a> China ETF down 17% and its KraneShares counterpart off more than 21%.</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>Here's Why Popular China ETFs are on Track for Their Best One-Day Gain in History</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\">\nHere's Why Popular China ETFs are on Track for Their Best One-Day Gain in History\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\">2022-03-16 23:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>KraneShares China ETF soars about 30% Wednesday.</p><p>The <a href=\"https://laohu8.com/S/KWEB\">KraneShares CSI China Internet ETF</a> was soaring on Wednesday, on track for its best daily gain, if the rally holds, in its history, as China vowed support its economy.</p><p>At last check, the KraneShares ETF<a href=\"https://laohu8.com/S/KWEB\">$(KWEB)$</a>, which tracks the performance of Chinese companies related to the internet and has over $5 billion in assets, was trading up 30%, which would mark its sharpest daily rally on record, dating back to its inception in 2013, FactSet data show.</p><p>The rally for the popular exchange-traded fund comes as all of the constituents of the fund were rallying by double-digits, including Alibaba Group Holding <a href=\"https://laohu8.com/S/09988\">$(09988)$</a>, Baidu Inc. , Pinduoduo Inc. <a href=\"https://laohu8.com/S/PDD\">$(PDD)$</a>, JD.com <a href=\"https://laohu8.com/S/JD\">$(JD)$</a>, Tencent Holdings, <a href=\"https://laohu8.com/S/00700\">$(00700)$</a> and Weibo <a href=\"https://laohu8.com/S/WB\">$(WB)$</a>, to name a few of its 55 components.</p><p>Tencent, Alibaba and JD.com are the biggest weightings in the ETF.</p><p>China said it would work to stabilize Chinese stock markets and boost economic growth in the first quarter with &#34;concrete actions,&#34; according to state-run Xinhua News Agency.</p><p>China supports overseas listing and has achieved positive progress in discussions with Washington over Chinese stocks listed in U.S. markets, the report said, adding that both sides are working to formulate a detailed cooperation plan.</p><p>The statements were enough to inject a dose of optimism in the markets that have been under pressure amid questions about Beijing oversight of Chinese internet companies, fresh lockdowns in parts of the country to limit COVID&#39;s spread, and questions about China&#39;s future role, if any, in the conflict between Russia and Ukraine.</p><p>A separate China-focused fund, the <a href=\"https://laohu8.com/S/EEME\">iShares</a> MSCI China ETF, <a href=\"https://laohu8.com/S/MCHI\">$(MCHI)$</a> which has nearly $6 billion in assets, was up over 15% on the day and headed for its best day on record, dating back to its inception in 2011.</p><p>For the year, however, both funds are substantially lower, with the <a href=\"https://laohu8.com/S/EGRW\">iShares</a> China ETF down 17% and its KraneShares counterpart off more than 21%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","BK4124":"机动车零配件与设备","PDD":"拼多多","WB":"微博","BIDU":"百度","MCHI":"中国ETF-iShares MSCI","KWEB":"中国海外互联网ETF-KraneShares","00700":"腾讯控股","BABA":"阿里巴巴","09988":"阿里巴巴-W","TCEHY":"腾讯控股ADR","CAAS":"中汽系统"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2219677762","content_text":"KraneShares China ETF soars about 30% Wednesday.The KraneShares CSI China Internet ETF was soaring on Wednesday, on track for its best daily gain, if the rally holds, in its history, as China vowed support its economy.At last check, the KraneShares ETF$(KWEB)$, which tracks the performance of Chinese companies related to the internet and has over $5 billion in assets, was trading up 30%, which would mark its sharpest daily rally on record, dating back to its inception in 2013, FactSet data show.The rally for the popular exchange-traded fund comes as all of the constituents of the fund were rallying by double-digits, including Alibaba Group Holding $(09988)$, Baidu Inc. , Pinduoduo Inc. $(PDD)$, JD.com $(JD)$, Tencent Holdings, $(00700)$ and Weibo $(WB)$, to name a few of its 55 components.Tencent, Alibaba and JD.com are the biggest weightings in the ETF.China said it would work to stabilize Chinese stock markets and boost economic growth in the first quarter with \"concrete actions,\" according to state-run Xinhua News Agency.China supports overseas listing and has achieved positive progress in discussions with Washington over Chinese stocks listed in U.S. markets, the report said, adding that both sides are working to formulate a detailed cooperation plan.The statements were enough to inject a dose of optimism in the markets that have been under pressure amid questions about Beijing oversight of Chinese internet companies, fresh lockdowns in parts of the country to limit COVID's spread, and questions about China's future role, if any, in the conflict between Russia and Ukraine.A separate China-focused fund, the iShares MSCI China ETF, $(MCHI)$ which has nearly $6 billion in assets, was up over 15% on the day and headed for its best day on record, dating back to its inception in 2011.For the year, however, both funds are substantially lower, with the iShares China ETF down 17% and its KraneShares counterpart off more than 21%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}