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Coffeenuts

Coffeenuts

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2021-09-11

Not surprising

Wall Street ends down, Apple sinks on app store ruling

2021-09-03

$Tiger Brokers(TIGR)$moving up?

2021-09-02

Wow

Focus Universal Inc. shares surged nearly 230%

2021-09-02

$SEMBCORP MARINE LTD(S51.SI)$how?

2021-09-01

$ChargePoint Holdings Inc.(CHPT)$cry

2021-09-01

$SEMBCORP MARINE LTD-RIGHTS(Y5VR.SI)$ what am i suppose to do with this?

2021-08-29

Pls like

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2021-08-28

Looking forward

Sorry, the original content has been removed

2021-08-25

Yes

Sorry, the original content has been removed

2021-08-24

Huge potential

Li Auto's DCF: I See Significant Upside Potential In The Share Price

2021-08-22

Focus

Buy the pullback in chip stocks — and focus on these 6 companies for the long haul

2021-08-21

Agree

Sorry, the original content has been removed

2021-08-21

Make sense

Sorry, the original content has been removed

2021-08-16

$DiDi Global Inc.(DIDI)$stay above 8 please

2021-08-16

$NIO Inc.(NIO)$pls dont fall too much...

2021-08-08

Great

India approves J&J COVID-19 vaccine for emergency use

2021-08-07

Like please

US IPO Week Ahead: 2 banks test the waters amid annual summer slowdown

2021-08-07

Fully agree

Sorry, the original content has been removed

2021-08-05

$SINGAPORE POST LIMITED(S08.SI)$when can you starting rising?

2021-08-04

Chinese EV stocks should stay strong

Sorry, the original content has been removed

Go to Tiger App to see more news

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surprising","listText":"Not surprising","text":"Not surprising","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881602012","repostId":"2166711943","repostType":4,"repost":{"id":"2166711943","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":1631315453,"share":"https://ttm.financial/m/news/2166711943?lang=en_US&edition=fundamental","pubTime":"2021-09-11 07:10","market":"us","language":"en","title":"Wall Street ends down, Apple sinks on app store ruling","url":"https://stock-news.laohu8.com/highlight/detail?id=2166711943","media":"Reuters","summary":"Sept 10  - Wall Street ended sharply lower on Friday as 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pressures supply chains, data showed.</p>\n<p>Sentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that she would still like the central bank to begin tapering asset purchases this year despite the weak August jobs report.</p>\n<p>The S&amp;P 500 has risen about 19% in 2021, buoyed by support from dovish central bank policies and re-opening optimism.</p>\n<p>However, Wall Street has moved sideways in recent sessions as investor digest indications of increased inflation and concerns about the Delta variant's impact on the economic recovery. Investors are also uncertain about when the Federal Reserve may begin reducing massive measures enacted last year to shield the economy from the pandemic.</p>\n<p>\"The market is taking a breather,\" said Greg Bassuk, CEO of AXS Investments. \"Investors are looking for some outsized news or information that is beyond the band of expectations, something much more outsized, positively or negatively, that will give investors better visibility into how things are going to look for the balance of the year.\"</p>\n<p>Apple dropped 3.3% after a judge struck down a core part of its App Store rules, benefiting app makers. Its drop contributed more than any other stocks to the Nasdaq and S&amp;P 500's declines.</p>\n<p>Shares of app makers rallied, with Spotify Technology&nbsp;up 0.7%, and Activision Blizzard and Electronic Arts both gaining about 2%.</p>\n<p>Losses in the three main indexes accelerated toward the end of the session.</p>\n<p>The Dow Jones Industrial Average fell 0.78% to close at 34,607.72 points, while the S&amp;P 500 lost 0.77% to 4,458.58.</p>\n<p>The Nasdaq Composite dropped 0.87% to 15,115.49.</p>\n<p>For the week, the S&amp;P 500 lost 1.7%, the Dow declined 2.15% and the Nasdaq shed 1.61%.</p>\n<p>Friday was the first time since February that the S&amp;P 500 declined five days in a row.</p>\n<p>All of the eleven S&amp;P 500 sector indexes fell, with real estate and utilities each down more than 1% and leading the declines.</p>\n<p>Affirm&nbsp;Exploded 34% on Robust Revenue Growth and Guidance, Analysts Impressive Amid Faster Than Expected Merchant and Customer Growth.</p>\n<p>Grocer Kroger Co slumped nearly 8% after it said global supply chain disruptions, freight costs, discounts and wastage would hit its profit margins.</p>\n<p>Volume on U.S. exchanges was 10.0 billion shares, compared with the 9.2 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.84-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 15 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 55 new highs and 47 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends down, Apple sinks on app store ruling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends down, Apple sinks on app store ruling\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\">2021-09-11 07:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* U.S. producer prices rise solidly in August</p>\n<p>* Apple falls after 'Fortnite' case ruling</p>\n<p>* Kroger falls as shipping woes hurt margins</p>\n<p>Sept 10 (Reuters) - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.</p>\n<p>U.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.</p>\n<p>Sentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that she would still like the central bank to begin tapering asset purchases this year despite the weak August jobs report.</p>\n<p>The S&amp;P 500 has risen about 19% in 2021, buoyed by support from dovish central bank policies and re-opening optimism.</p>\n<p>However, Wall Street has moved sideways in recent sessions as investor digest indications of increased inflation and concerns about the Delta variant's impact on the economic recovery. Investors are also uncertain about when the Federal Reserve may begin reducing massive measures enacted last year to shield the economy from the pandemic.</p>\n<p>\"The market is taking a breather,\" said Greg Bassuk, CEO of AXS Investments. \"Investors are looking for some outsized news or information that is beyond the band of expectations, something much more outsized, positively or negatively, that will give investors better visibility into how things are going to look for the balance of the year.\"</p>\n<p>Apple dropped 3.3% after a judge struck down a core part of its App Store rules, benefiting app makers. Its drop contributed more than any other stocks to the Nasdaq and S&amp;P 500's declines.</p>\n<p>Shares of app makers rallied, with Spotify Technology&nbsp;up 0.7%, and Activision Blizzard and Electronic Arts both gaining about 2%.</p>\n<p>Losses in the three main indexes accelerated toward the end of the session.</p>\n<p>The Dow Jones Industrial Average fell 0.78% to close at 34,607.72 points, while the S&amp;P 500 lost 0.77% to 4,458.58.</p>\n<p>The Nasdaq Composite dropped 0.87% to 15,115.49.</p>\n<p>For the week, the S&amp;P 500 lost 1.7%, the Dow declined 2.15% and the Nasdaq shed 1.61%.</p>\n<p>Friday was the first time since February that the S&amp;P 500 declined five days in a row.</p>\n<p>All of the eleven S&amp;P 500 sector indexes fell, with real estate and utilities each down more than 1% and leading the declines.</p>\n<p>Affirm&nbsp;Exploded 34% on Robust Revenue Growth and Guidance, Analysts Impressive Amid Faster Than Expected Merchant and Customer Growth.</p>\n<p>Grocer Kroger Co slumped nearly 8% after it said global supply chain disruptions, freight costs, discounts and wastage would hit its profit margins.</p>\n<p>Volume on U.S. exchanges was 10.0 billion shares, compared with the 9.2 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.84-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 15 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 55 new highs and 47 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","AAPL":"苹果",".DJI":"道琼斯","KR":"克罗格","DIDI":"滴滴(已退市)","SPOT":"Spotify Technology S.A.","ATVI":"动视暴雪","EA":"艺电"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166711943","content_text":"* U.S. producer prices rise solidly in August\n* Apple falls after 'Fortnite' case ruling\n* Kroger falls as shipping woes hurt margins\nSept 10 (Reuters) - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.\nU.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.\nSentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that she would still like the central bank to begin tapering asset purchases this year despite the weak August jobs report.\nThe S&P 500 has risen about 19% in 2021, buoyed by support from dovish central bank policies and re-opening optimism.\nHowever, Wall Street has moved sideways in recent sessions as investor digest indications of increased inflation and concerns about the Delta variant's impact on the economic recovery. Investors are also uncertain about when the Federal Reserve may begin reducing massive measures enacted last year to shield the economy from the pandemic.\n\"The market is taking a breather,\" said Greg Bassuk, CEO of AXS Investments. \"Investors are looking for some outsized news or information that is beyond the band of expectations, something much more outsized, positively or negatively, that will give investors better visibility into how things are going to look for the balance of the year.\"\nApple dropped 3.3% after a judge struck down a core part of its App Store rules, benefiting app makers. Its drop contributed more than any other stocks to the Nasdaq and S&P 500's declines.\nShares of app makers rallied, with Spotify Technology up 0.7%, and Activision Blizzard and Electronic Arts both gaining about 2%.\nLosses in the three main indexes accelerated toward the end of the session.\nThe Dow Jones Industrial Average fell 0.78% to close at 34,607.72 points, while the S&P 500 lost 0.77% to 4,458.58.\nThe Nasdaq Composite dropped 0.87% to 15,115.49.\nFor the week, the S&P 500 lost 1.7%, the Dow declined 2.15% and the Nasdaq shed 1.61%.\nFriday was the first time since February that the S&P 500 declined five days in a row.\nAll of the eleven S&P 500 sector indexes fell, with real estate and utilities each down more than 1% and leading the declines.\nAffirm Exploded 34% on Robust Revenue Growth and Guidance, Analysts Impressive Amid Faster Than Expected Merchant and Customer Growth.\nGrocer Kroger Co slumped nearly 8% after it said global supply chain disruptions, freight costs, discounts and wastage would hit its profit margins.\nVolume on U.S. exchanges was 10.0 billion shares, compared with the 9.2 billion average for the full session over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.84-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.\nThe S&P 500 posted 15 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 55 new highs and 47 new lows.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,"ATVI":0.9,"EA":0.9,"KR":0.9,".IXIC":0.9,"AAPL":0.9,"DIDI":0.9,"SPOT":0.9}},"isVote":1,"tweetType":1,"viewCount":3493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812795896,"gmtCreate":1630623326515,"gmtModify":1676530356714,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>moving up?","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>moving up?","text":"$Tiger Brokers(TIGR)$moving up?","images":[{"img":"https://static.tigerbbs.com/9d3d67f12b4aca125484e34f57aa1096","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812795896","isVote":1,"tweetType":1,"viewCount":1908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":816751321,"gmtCreate":1630537993563,"gmtModify":1676530331096,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/816751321","repostId":"1110351476","repostType":4,"repost":{"id":"1110351476","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":1630510441,"share":"https://ttm.financial/m/news/1110351476?lang=en_US&edition=fundamental","pubTime":"2021-09-01 23:34","market":"us","language":"en","title":"Focus Universal Inc. shares surged nearly 230%","url":"https://stock-news.laohu8.com/highlight/detail?id=1110351476","media":"Tiger Newspress","summary":"Focus Universal Inc. shares surged nearly 230%. The stock started trading on Nasdaq Capital Market y","content":"<p>Focus&nbsp;Universal&nbsp;Inc.&nbsp;shares&nbsp;surged&nbsp;nearly&nbsp;230%. The stock started trading on Nasdaq Capital Market yesterday.</p>\n<p><img src=\"https://static.tigerbbs.com/20952cc6988ab208c1e782cf45b91b1a\" tg-width=\"878\" tg-height=\"635\" referrerpolicy=\"no-referrer\">Focus Universal Inc. &nbsp;is a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G. The company has developed four disruptive patented technologies to solve the major problems facing hardware design, hardware production, software design and network communication facing both industries today. These technologies combined have potential to reduce costs, product development timelines and energy usage, while increasing range, speed, efficiency and security.</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>Focus Universal Inc. shares surged nearly 230%</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\">\nFocus Universal Inc. shares surged nearly 230%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-01 23:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Focus&nbsp;Universal&nbsp;Inc.&nbsp;shares&nbsp;surged&nbsp;nearly&nbsp;230%. The stock started trading on Nasdaq Capital Market yesterday.</p>\n<p><img src=\"https://static.tigerbbs.com/20952cc6988ab208c1e782cf45b91b1a\" tg-width=\"878\" tg-height=\"635\" referrerpolicy=\"no-referrer\">Focus Universal Inc. &nbsp;is a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G. The company has developed four disruptive patented technologies to solve the major problems facing hardware design, hardware production, software design and network communication facing both industries today. These technologies combined have potential to reduce costs, product development timelines and energy usage, while increasing range, speed, efficiency and security.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FCUV":"Focus Universal, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110351476","content_text":"Focus Universal Inc. shares surged nearly 230%. The stock started trading on Nasdaq Capital Market yesterday.\nFocus Universal Inc.  is a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G. The company has developed four disruptive patented technologies to solve the major problems facing hardware design, hardware production, software design and network communication facing both industries today. These technologies combined have potential to reduce costs, product development timelines and energy usage, while increasing range, speed, efficiency and security.","news_type":1,"symbols_score_info":{"FCUV":0.9}},"isVote":1,"tweetType":1,"viewCount":2738,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816753498,"gmtCreate":1630537970814,"gmtModify":1676530331081,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>how?","listText":"<a href=\"https://laohu8.com/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>how?","text":"$SEMBCORP MARINE LTD(S51.SI)$how?","images":[{"img":"https://static.tigerbbs.com/6d1c92fcb38a301c0e63358fbb198f2c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816753498","isVote":1,"tweetType":1,"viewCount":1773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":816272472,"gmtCreate":1630505672696,"gmtModify":1676530323929,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>cry","listText":"<a href=\"https://laohu8.com/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>cry","text":"$ChargePoint Holdings Inc.(CHPT)$cry","images":[{"img":"https://static.tigerbbs.com/13f124ff13812c378b87d7661c8e708b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816272472","isVote":1,"tweetType":1,"viewCount":1944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":816271025,"gmtCreate":1630505534867,"gmtModify":1676530323843,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Y5VR.SI\">$SEMBCORP MARINE LTD-RIGHTS(Y5VR.SI)$</a>&nbsp; &nbsp; what am i suppose to do with this?&nbsp;","listText":"<a href=\"https://laohu8.com/S/Y5VR.SI\">$SEMBCORP MARINE LTD-RIGHTS(Y5VR.SI)$</a>&nbsp; &nbsp; what am i suppose to do with this?&nbsp;","text":"$SEMBCORP MARINE LTD-RIGHTS(Y5VR.SI)$ what am i suppose to do with this?","images":[{"img":"https://static.tigerbbs.com/cc133dff51c1b08e6896c6e7a8950cc2","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/816271025","isVote":1,"tweetType":1,"viewCount":2614,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578860398815388","authorId":"3578860398815388","name":"OneC","avatar":"https://static.tigerbbs.com/d79efe8cb40ab89cc73afcebf2a58e77","crmLevel":12,"crmLevelSwitch":0,"idStr":"3578860398815388","authorIdStr":"3578860398815388"},"content":"u can sell the right unit. if not the unit remains allows u to buy the share at 0.08 per unit . u get nothing if you not sell the right unit nor not pay 0.08 per unit to buy unit","text":"u can sell the right unit. if not the unit remains allows u to buy the share at 0.08 per unit . u get nothing if you not sell the right unit nor not pay 0.08 per unit to buy unit","html":"u can sell the right unit. if not the unit remains allows u to buy the share at 0.08 per unit . u get nothing if you not sell the right unit nor not pay 0.08 per unit to buy unit"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":813234977,"gmtCreate":1630204056899,"gmtModify":1676530242584,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/813234977","repostId":"2163079604","repostType":4,"isVote":1,"tweetType":1,"viewCount":2766,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819751847,"gmtCreate":1630110017889,"gmtModify":1676530225730,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"Looking forward","listText":"Looking forward","text":"Looking forward","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819751847","repostId":"1123342356","repostType":4,"isVote":1,"tweetType":1,"viewCount":1757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837491692,"gmtCreate":1629903489416,"gmtModify":1676530168523,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"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/837491692","repostId":"2162054990","repostType":4,"isVote":1,"tweetType":1,"viewCount":2161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834592082,"gmtCreate":1629812262046,"gmtModify":1676530138988,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"Huge potential","listText":"Huge potential","text":"Huge potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834592082","repostId":"1175602248","repostType":4,"repost":{"id":"1175602248","kind":"news","pubTimestamp":1629811244,"share":"https://ttm.financial/m/news/1175602248?lang=en_US&edition=fundamental","pubTime":"2021-08-24 21:20","market":"us","language":"en","title":"Li Auto's DCF: I See Significant Upside Potential In The Share Price","url":"https://stock-news.laohu8.com/highlight/detail?id=1175602248","media":"seekingalpha","summary":"Summary\n\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Based in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the new energy vehicle market.</li>\n <li>Li Auto will most likely grow because its target market will grow. The NEV total revenue could grow at more than 40% y/y from 2021 to 2025.</li>\n <li>Li commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments.</li>\n <li>From 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y.</li>\n <li>I assumed that LI will have sales growth similar to that of Tesla and NIO. With FCF/Sales of 9% from 2025 to 2031, LI's FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b543e2d05866d87ad41b25673fb9977\" tg-width=\"1536\" tg-height=\"1152\" referrerpolicy=\"no-referrer\"><span>Bet_Noire/iStock via Getty Images</span></p>\n<p>Li Auto (LI) expects to deliver three new vehicles in 2022-2023, and is expanding to broader regions across China. With these developments, in my opinion, LI will most likely reach sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. In my view, the company is currently undervalued as many investors have failed to understand Li Auto's future free cash flow. Under my base case scenario and worst-case scenario, the company is worth $44-$100 per share, which is a higher mark than the current market price of $25-$28. I used a discount of 7%-10%, my own FCF assumptions, and FCF/Sales of 9%-10%, which are close to the figures delivered by Tesla (TSLA) and NIO (NIO).</p>\n<p><b>I Expect That Li Auto Could Grow At A Faster Pace Than The NEV Market In China</b></p>\n<p>Based in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the NEV market.</p>\n<p>In my view, in the next ten years, the company will deliver sales growth for two reasons. First, the electric vehicle market is growing in China more than anywhere else. Li Auto will most likely grow because its target market will grow. Experts from the China Association of Automobile Manufacturer are expecting that the NEV total revenue will grow at more than 40% y/y from 2021 to 2025. With this in mind, I believe that Li's sales growth shouldn't be much lower than 40% y/y in the coming future:</p>\n<blockquote>\n China's new energy vehicle sales are expected to grow more than 40% each year in the next five years, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Friday. Source:Reuters\n</blockquote>\n<p>Now, we also need to take into account that Li Auto is developing new cars. It means that we can expect Li Auto to gain market share in the EV market. According to the most recentprospectus, the company expects to deliver three new vehicles in 2022-2023. Li commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments of the NEV market. In sum, I believe that LI's sales growth could be larger than that of the market.</p>\n<p>There is something else. Since the company launched its first model in 2021, the company invested a lot of money in R&amp;D. As a result, Li made significant progress in its proprietary smart vehicle solutions. From 2022, the new cars will include Level 4 autonomous driving as a standard configuration. With the new technologies, I expect that drivers will be more interested in LI's vehicles, which could mean additional sales growth and market share:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68701f876a7ed928d9dc1bb463231b07\" tg-width=\"1158\" tg-height=\"582\" referrerpolicy=\"no-referrer\"><span>Source:Prospectus</span></p>\n<p><b>Li Auto</b></p>\n<p>The company has tons of cash to enhance R&amp;D and pay marketing efforts that will most likely enhance sales growth. As of March 31, 2021, the company reported more than $4.6 billion in cash, equivalents, and short-term investments. The company's asset/liability ratio is also equal to 4.7x, which means that the company's balance sheet appears very healthy:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b16280eaa991cb0f1f401099cb1f9e58\" tg-width=\"992\" tg-height=\"773\" referrerpolicy=\"no-referrer\"><span>Source: Prospectus</span></p>\n<p>Investors will most likely not worry about the company's financial obligations. Notice that Li Auto reports long-term borrowings of $79 million. Clearly, the management received a significant amount of cash from shareholders who believe in the project. LI didn't have to talk to banks to finance its operations:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9aeeda5dee33eb1e2995f52c728d7b57\" tg-width=\"949\" tg-height=\"556\" referrerpolicy=\"no-referrer\"><span>Source: Prospectus</span></p>\n<p><b>Base Case Scenario With Sales Growth Of 25%-35% And WACC Of 7%</b></p>\n<p>If Li Auto successfully launches three new vehicles as planned for 2022 and 2023, I believe that the company will most likely grow as NIO and Tesla did. From 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y. Notice that Li Auto is targeting the EV market in China, which is larger than that in the United States. Thus, in my base case scenario, with a large target market, Li Auto would most likely obtain as much sales growth as Tesla delivered:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/39373a60488bb878fd8a4a844c604f62\" tg-width=\"807\" tg-height=\"583\" referrerpolicy=\"no-referrer\"><span>Source:YCharts</span></p>\n<p>FCF/Sales of Tesla and NIO went from -200% to stabilize at 8%-10%, so I assumed that Li Auto would report the same profitability. As shown in the table below, I expect sales to go from CNY148 billion in 2025 to more than CNY489 billion in 2031. Finally, with FCF/Sales of 9% from 2025 to 2031, FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031. My terminal FCF is equal to CNY530 billion:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/704605e3bf7918ec5c3e5517eb9528cf\" tg-width=\"1280\" tg-height=\"167\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>Most investors are using a discount of 7% for the stock. So, in my base case scenario, I used the same discount. With that, I would expect volatility to increase the company's beta in the coming future. So, I used a discount of 10% in other case scenarios.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c3719e047b53e2c81b259e4c1ea47f34\" tg-width=\"500\" tg-height=\"367\" referrerpolicy=\"no-referrer\"><span>Source:LI WACC % | Li Auto - GuruFocus.com</span></p>\n<p>With&nbsp;Li Auto's WACC&nbsp;standing at 7%, the company's FCF at CNY41 billion, and an exit multiple of 25x FCF, the implied share price is equal to $100:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529c239c89a750c4554ab0f4c8d17007\" tg-width=\"1280\" tg-height=\"318\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>Note that my figures are not very different from that of most market analysts. Like other market analysts, I expect that the company will deliver sales of CNY54 billion in 2023 and FCF of CNY26 billion in 2023:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f7df4ec5cc1d2c8705c24aa7783ea40\" tg-width=\"897\" tg-height=\"139\" referrerpolicy=\"no-referrer\"><span>Source:Market Screener</span></p>\n<p><b>Detrimental Case Scenario With Sales Growth Of 10%-15% And WACC Of 10%</b></p>\n<p>China does not currently have the adequate private and public fast-charging infrastructure. That's not all. In my opinion, China has limited residential parking space in cities, high population density, and power grid capacity limits. As a result, the government may have difficulties in the development of private charging infrastructure. Li Auto reported the status of the infrastructure in its most recent prospectus:</p>\n<blockquote>\n As of December 31, 2020, fewer than 25% of families in first-tier cities in China had parking space suitable for installing home charging stalls, compared with over 70% of families in the United States, according to the CIC Report. As a result, a substantial number of BEV owners in China have to rely on public charging infrastructure. As of December 31, 2020, the ratio of NEV parc to public fast-charging stalls was 15.9 to 1, according to the CIC Report. This demonstrates the insufficient number of public fast-charging stalls in China to support the growth of BEVs. Source: Prospectus\n</blockquote>\n<p>With the limitations of public charging infrastructure, I believe that Li Auto may not report the sales growth of Tesla. Notice that if China does not develop its infrastructure, Li Auto may target a lower than expected electric vehicle market. Under my worst-case scenario, the company would deliver sales growth of 20% in 2026 and 10% from 2026 to 2031. The FCF/Sales would stay at 10%-8%, and the terminal FCF is equal to CNY18 billion:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98ebf9fb5b8264a162e2a583b764f936\" tg-width=\"1280\" tg-height=\"168\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>In this case scenario, I used a discount of 10%, which I believe is quite conservative. The exit multiple is also equal to 25x FCF, which I believe is acceptable for a company that delivers FCF/Sales of 8% and double-digit sales growth. Putting everything together and assuming a share count of 1 billion, the implied share price is equal to $44:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/832f134db974f8cabbc503a2d27be9a6\" tg-width=\"1280\" tg-height=\"317\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>My target price in the worst-case scenario is close to that of other analysts. The current consensus obtained from 15 analysts includes an average target price of $43 with the lowest level being at $30 and the highest mark being at $62. I believe that most market analysts expect the infrastructure in China to develop at a low rate. In any case, most of us believe that the company is a buy at its current valuation of $24-$28:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a3aeeb1224ff63850a76d67172e052cb\" tg-width=\"367\" tg-height=\"273\" referrerpolicy=\"no-referrer\"><span>Source:Market Screener</span></p>\n<p><b>Risks</b></p>\n<p>LI's success depends on the company's ability to execute its manufacturing plan as well as to deliver a large number of vehicles to drivers. The company's manufacturing facility includes a capacity of 100,000 units, and the company is working to increase its capacity to 200,000 vehicles in 2022. If the company cannot do so, I believe that Li will not be able to reach the target sales that I forecasted. As a result, future free cash flow will be lower than expected, and the company's valuation will most likely decline.</p>\n<p>Li Auto will also be affected by any disruptions to semiconductor manufacturers. The company specified clearly in its recentprospectusthat the ongoing global chip shortage that affects the automotive industry could damage LI's future production. LI's product includes a significant number of components. The shortage of any other necessary equipment would also damage the company's revenue lines and future free cash flow.</p>\n<p>Li Auto is also subject to PRC Cybersecurity Law and data protection regulations. Hence, the company invests a significant amount of money for preventing unauthorized access, security breaches, or any other damage that hackers could create. With that, new discoveries in the field of cryptography, or an increase in the level of expertise of hackers could occur. In this regard, if the company has any issue, LI's brand may be damaged, or the company may have to pay significant fines. As a result, the valuation of the company could decline.</p>\n<p><b>Conclusion</b></p>\n<p>If Li Auto successfully sells three new vehicles in 2022-2023, and the infrastructure in China is sufficiently developed, I expect sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. I assumed that LI will have sales growth similar to that of Tesla and NIO. A projection of the company's FCF for ten years and a discount rate of 7%-10% implied a fair price of $44-$100. With these figures in mind and the current valuation of $24-$28, in my opinion, there is a significant upside potential in the stock price. Once the company reaches its sales targets in 2023-2025, I believe that investors will trust the company, and the share price will creep up.</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>Li Auto's DCF: I See Significant Upside Potential In The Share Price</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\">\nLi Auto's DCF: I See Significant Upside Potential In The Share Price\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 21:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4451468-li-autos-dcf-significant-upside-potential><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the new energy vehicle market.\nLi Auto will most likely grow because its target market will ...</p>\n\n<a href=\"https://seekingalpha.com/article/4451468-li-autos-dcf-significant-upside-potential\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车"},"source_url":"https://seekingalpha.com/article/4451468-li-autos-dcf-significant-upside-potential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175602248","content_text":"Summary\n\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the new energy vehicle market.\nLi Auto will most likely grow because its target market will grow. The NEV total revenue could grow at more than 40% y/y from 2021 to 2025.\nLi commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments.\nFrom 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y.\nI assumed that LI will have sales growth similar to that of Tesla and NIO. With FCF/Sales of 9% from 2025 to 2031, LI's FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031.\n\nBet_Noire/iStock via Getty Images\nLi Auto (LI) expects to deliver three new vehicles in 2022-2023, and is expanding to broader regions across China. With these developments, in my opinion, LI will most likely reach sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. In my view, the company is currently undervalued as many investors have failed to understand Li Auto's future free cash flow. Under my base case scenario and worst-case scenario, the company is worth $44-$100 per share, which is a higher mark than the current market price of $25-$28. I used a discount of 7%-10%, my own FCF assumptions, and FCF/Sales of 9%-10%, which are close to the figures delivered by Tesla (TSLA) and NIO (NIO).\nI Expect That Li Auto Could Grow At A Faster Pace Than The NEV Market In China\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the NEV market.\nIn my view, in the next ten years, the company will deliver sales growth for two reasons. First, the electric vehicle market is growing in China more than anywhere else. Li Auto will most likely grow because its target market will grow. Experts from the China Association of Automobile Manufacturer are expecting that the NEV total revenue will grow at more than 40% y/y from 2021 to 2025. With this in mind, I believe that Li's sales growth shouldn't be much lower than 40% y/y in the coming future:\n\n China's new energy vehicle sales are expected to grow more than 40% each year in the next five years, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Friday. Source:Reuters\n\nNow, we also need to take into account that Li Auto is developing new cars. It means that we can expect Li Auto to gain market share in the EV market. According to the most recentprospectus, the company expects to deliver three new vehicles in 2022-2023. Li commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments of the NEV market. In sum, I believe that LI's sales growth could be larger than that of the market.\nThere is something else. Since the company launched its first model in 2021, the company invested a lot of money in R&D. As a result, Li made significant progress in its proprietary smart vehicle solutions. From 2022, the new cars will include Level 4 autonomous driving as a standard configuration. With the new technologies, I expect that drivers will be more interested in LI's vehicles, which could mean additional sales growth and market share:\nSource:Prospectus\nLi Auto\nThe company has tons of cash to enhance R&D and pay marketing efforts that will most likely enhance sales growth. As of March 31, 2021, the company reported more than $4.6 billion in cash, equivalents, and short-term investments. The company's asset/liability ratio is also equal to 4.7x, which means that the company's balance sheet appears very healthy:\nSource: Prospectus\nInvestors will most likely not worry about the company's financial obligations. Notice that Li Auto reports long-term borrowings of $79 million. Clearly, the management received a significant amount of cash from shareholders who believe in the project. LI didn't have to talk to banks to finance its operations:\nSource: Prospectus\nBase Case Scenario With Sales Growth Of 25%-35% And WACC Of 7%\nIf Li Auto successfully launches three new vehicles as planned for 2022 and 2023, I believe that the company will most likely grow as NIO and Tesla did. From 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y. Notice that Li Auto is targeting the EV market in China, which is larger than that in the United States. Thus, in my base case scenario, with a large target market, Li Auto would most likely obtain as much sales growth as Tesla delivered:\nSource:YCharts\nFCF/Sales of Tesla and NIO went from -200% to stabilize at 8%-10%, so I assumed that Li Auto would report the same profitability. As shown in the table below, I expect sales to go from CNY148 billion in 2025 to more than CNY489 billion in 2031. Finally, with FCF/Sales of 9% from 2025 to 2031, FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031. My terminal FCF is equal to CNY530 billion:\nSource: Author\nMost investors are using a discount of 7% for the stock. So, in my base case scenario, I used the same discount. With that, I would expect volatility to increase the company's beta in the coming future. So, I used a discount of 10% in other case scenarios.\nSource:LI WACC % | Li Auto - GuruFocus.com\nWith Li Auto's WACC standing at 7%, the company's FCF at CNY41 billion, and an exit multiple of 25x FCF, the implied share price is equal to $100:\nSource: Author\nNote that my figures are not very different from that of most market analysts. Like other market analysts, I expect that the company will deliver sales of CNY54 billion in 2023 and FCF of CNY26 billion in 2023:\nSource:Market Screener\nDetrimental Case Scenario With Sales Growth Of 10%-15% And WACC Of 10%\nChina does not currently have the adequate private and public fast-charging infrastructure. That's not all. In my opinion, China has limited residential parking space in cities, high population density, and power grid capacity limits. As a result, the government may have difficulties in the development of private charging infrastructure. Li Auto reported the status of the infrastructure in its most recent prospectus:\n\n As of December 31, 2020, fewer than 25% of families in first-tier cities in China had parking space suitable for installing home charging stalls, compared with over 70% of families in the United States, according to the CIC Report. As a result, a substantial number of BEV owners in China have to rely on public charging infrastructure. As of December 31, 2020, the ratio of NEV parc to public fast-charging stalls was 15.9 to 1, according to the CIC Report. This demonstrates the insufficient number of public fast-charging stalls in China to support the growth of BEVs. Source: Prospectus\n\nWith the limitations of public charging infrastructure, I believe that Li Auto may not report the sales growth of Tesla. Notice that if China does not develop its infrastructure, Li Auto may target a lower than expected electric vehicle market. Under my worst-case scenario, the company would deliver sales growth of 20% in 2026 and 10% from 2026 to 2031. The FCF/Sales would stay at 10%-8%, and the terminal FCF is equal to CNY18 billion:\nSource: Author\nIn this case scenario, I used a discount of 10%, which I believe is quite conservative. The exit multiple is also equal to 25x FCF, which I believe is acceptable for a company that delivers FCF/Sales of 8% and double-digit sales growth. Putting everything together and assuming a share count of 1 billion, the implied share price is equal to $44:\nSource: Author\nMy target price in the worst-case scenario is close to that of other analysts. The current consensus obtained from 15 analysts includes an average target price of $43 with the lowest level being at $30 and the highest mark being at $62. I believe that most market analysts expect the infrastructure in China to develop at a low rate. In any case, most of us believe that the company is a buy at its current valuation of $24-$28:\nSource:Market Screener\nRisks\nLI's success depends on the company's ability to execute its manufacturing plan as well as to deliver a large number of vehicles to drivers. The company's manufacturing facility includes a capacity of 100,000 units, and the company is working to increase its capacity to 200,000 vehicles in 2022. If the company cannot do so, I believe that Li will not be able to reach the target sales that I forecasted. As a result, future free cash flow will be lower than expected, and the company's valuation will most likely decline.\nLi Auto will also be affected by any disruptions to semiconductor manufacturers. The company specified clearly in its recentprospectusthat the ongoing global chip shortage that affects the automotive industry could damage LI's future production. LI's product includes a significant number of components. The shortage of any other necessary equipment would also damage the company's revenue lines and future free cash flow.\nLi Auto is also subject to PRC Cybersecurity Law and data protection regulations. Hence, the company invests a significant amount of money for preventing unauthorized access, security breaches, or any other damage that hackers could create. With that, new discoveries in the field of cryptography, or an increase in the level of expertise of hackers could occur. In this regard, if the company has any issue, LI's brand may be damaged, or the company may have to pay significant fines. As a result, the valuation of the company could decline.\nConclusion\nIf Li Auto successfully sells three new vehicles in 2022-2023, and the infrastructure in China is sufficiently developed, I expect sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. I assumed that LI will have sales growth similar to that of Tesla and NIO. A projection of the company's FCF for ten years and a discount rate of 7%-10% implied a fair price of $44-$100. With these figures in mind and the current valuation of $24-$28, in my opinion, there is a significant upside potential in the stock price. Once the company reaches its sales targets in 2023-2025, I believe that investors will trust the company, and the share price will creep up.","news_type":1,"symbols_score_info":{"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":2284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832153331,"gmtCreate":1629600214123,"gmtModify":1676530076818,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"Focus","listText":"Focus","text":"Focus","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/832153331","repostId":"1151608193","repostType":4,"repost":{"id":"1151608193","kind":"news","pubTimestamp":1629728324,"share":"https://ttm.financial/m/news/1151608193?lang=en_US&edition=fundamental","pubTime":"2021-08-23 22:18","market":"us","language":"en","title":"Buy the pullback in chip stocks — and focus on these 6 companies for the long haul","url":"https://stock-news.laohu8.com/highlight/detail?id=1151608193","media":"MarketWatch","summary":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correcti","content":"<p><b>The iShares Semiconductor ETF is down over 6% from recent highs.</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b24e4a76a5d1cd0ff030cf1b0eeac0f\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>ISTOCKPHOTO</span></p>\n<p>In the rolling correction that’s running through the stock market, chip makers have been hit harder than most.</p>\n<p>The iShares Semiconductor ETF&nbsp;is down over 6% from recent highs, compared to declines of 2% or less for the S&amp;P 500,Nasdaq&nbsp;Composite&nbsp;and the Dow Jones Industrial Average.</p>\n<p>Does that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.</p>\n<p>A lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”</p>\n<p>Those are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.</p>\n<p>You’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.</p>\n<p><b>1. The wicked witch of cyclicality is dead</b></p>\n<p>“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “<a href=\"https://laohu8.com/S/FBNC\">First</a> PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like <a href=\"https://laohu8.com/S/ZM\">Zoom</a>, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.</p>\n<p>“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”</p>\n<p>He’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William&nbsp;Blair&nbsp;analyst Greg Scolaro.</p>\n<p>All of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> chip sector analyst Vivek Arya. “That’s not just our view, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> confirmed by a majority of large customers.”</p>\n<p><b>2. The players have consolidated</b></p>\n<p>All up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.</p>\n<p>In chip design software, you have Cadence Design Systems&nbsp;and Synopsys.In production equipment, companies dominate specialized niches like ASML&nbsp;in extreme ultraviolet lithography&nbsp;(EUV). Manufacturing is dominated by Taiwan Semiconductor&nbsp;and Samsung Electronics.</p>\n<p>These companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.</p>\n<p><b>3. Profitability has improved</b></p>\n<p>This more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.</p>\n<p>This has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere &amp; Co. “They are not trading at a frothy multiple.”</p>\n<p><b>The stocks to buy</b></p>\n<p>Here are six names favored by chip experts I recently checked in with.</p>\n<p><b>New management plays</b></p>\n<p>Though Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm&nbsp;and ON Semiconductor.</p>\n<p>Both have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. <a href=\"https://laohu8.com/S/ON\">ON Semiconductor</a> is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.</p>\n<p><b>A data center and gaming play</b></p>\n<p>Karazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.</p>\n<p><b>Design tool companies</b></p>\n<p>Speaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and <a href=\"https://laohu8.com/S/SNPS\">Synopsys</a>.</p>\n<p>Their software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.</p>\n<p><b>An EUV&nbsp;play</b></p>\n<p>To put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.</p>\n<p>In other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.</p>\n<p><b>Risks</b></p>\n<p>Here are some of the chief risks for chip sector investors to watch.</p>\n<p><b>Oversupply</b></p>\n<p>Chip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. <a href=\"https://laohu8.com/S/CAAS\">China</a> wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.</p>\n<p>The upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.</p>\n<p>Next, big tech companies like Alphabet,Apple&nbsp;and Ammazon.com&nbsp;are all doing their own chip design, which threatens specialized chip companies that do the same thing.</p>\n<p><b><a href=\"https://laohu8.com/S/QTM\">Quantum</a> computing</b></p>\n<p>Computers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”</p>\n<p><b>A disturbing signal</b></p>\n<p>A blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.</p>\n<p>Another cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory&nbsp;(DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.</p>\n<p>But it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.</p>\n<p>Ford,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.</p>\n<p>Paulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including <a href=\"https://laohu8.com/S/F\">Ford</a> cars.</p>","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>Buy the pullback in chip stocks — and focus on these 6 companies for the long haul</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\">\nBuy the pullback in chip stocks — and focus on these 6 companies for the long haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares ...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ON":"安森美半导体","AAPL":"苹果","SSNLF":"三星电子","GOOGL":"谷歌A","AMZN":"亚马逊","GOOG":"谷歌","SNPS":"新思科技","QCOM":"高通","TSM":"台积电","CDNS":"铿腾电子","ASML":"阿斯麦","NVDA":"英伟达","SOXX":"iShares费城交易所半导体ETF"},"source_url":"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151608193","content_text":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares Semiconductor ETF is down over 6% from recent highs, compared to declines of 2% or less for the S&P 500,Nasdaq Composite and the Dow Jones Industrial Average.\nDoes that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.\nA lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”\nThose are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.\nYou’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.\n1. The wicked witch of cyclicality is dead\n“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “First PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.\nJust look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like Zoom, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.\n“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”\nHe’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William Blair analyst Greg Scolaro.\nAll of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says Bank of America chip sector analyst Vivek Arya. “That’s not just our view, but one confirmed by a majority of large customers.”\n2. The players have consolidated\nAll up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.\nIn chip design software, you have Cadence Design Systems and Synopsys.In production equipment, companies dominate specialized niches like ASML in extreme ultraviolet lithography (EUV). Manufacturing is dominated by Taiwan Semiconductor and Samsung Electronics.\nThese companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.\n3. Profitability has improved\nThis more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.\nThis has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere & Co. “They are not trading at a frothy multiple.”\nThe stocks to buy\nHere are six names favored by chip experts I recently checked in with.\nNew management plays\nThough Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm and ON Semiconductor.\nBoth have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. ON Semiconductor is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.\nA data center and gaming play\nKarazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.\nDesign tool companies\nSpeaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and Synopsys.\nTheir software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.\nAn EUV play\nTo put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.\nIn other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.\nRisks\nHere are some of the chief risks for chip sector investors to watch.\nOversupply\nChip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. China wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.\nThe upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.\nNext, big tech companies like Alphabet,Apple and Ammazon.com are all doing their own chip design, which threatens specialized chip companies that do the same thing.\nQuantum computing\nComputers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”\nA disturbing signal\nA blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.\nAnother cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory (DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.\nBut it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.\nFord,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.\nPaulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including Ford cars.","news_type":1,"symbols_score_info":{"SSNLF":0.9,"CDNS":0.9,"AAPL":0.9,"ON":0.9,"SOXX":0.9,"GOOG":0.9,"AMZN":0.9,"SNPS":0.9,"GOOGL":0.9,"QCOM":0.9,"ASML":0.9,"TSM":0.9,"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836264213,"gmtCreate":1629501907532,"gmtModify":1676530058170,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/836264213","repostId":"2160710721","repostType":4,"isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836264915,"gmtCreate":1629501870737,"gmtModify":1676530058160,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"Make sense","listText":"Make sense","text":"Make sense","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/836264915","repostId":"2160710591","repostType":4,"isVote":1,"tweetType":1,"viewCount":648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839158639,"gmtCreate":1629128630121,"gmtModify":1676529941350,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>stay above 8 please","listText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>stay above 8 please","text":"$DiDi Global Inc.(DIDI)$stay above 8 please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839158639","isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839153141,"gmtCreate":1629128491483,"gmtModify":1676529941303,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>pls dont fall too much...","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>pls dont fall too much...","text":"$NIO Inc.(NIO)$pls dont fall too much...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839153141","isVote":1,"tweetType":1,"viewCount":534,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891154646,"gmtCreate":1628354450985,"gmtModify":1703505365198,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/891154646","repostId":"2157492839","repostType":4,"repost":{"id":"2157492839","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":1628324123,"share":"https://ttm.financial/m/news/2157492839?lang=en_US&edition=fundamental","pubTime":"2021-08-07 16:15","market":"us","language":"en","title":"India approves J&J COVID-19 vaccine for emergency use","url":"https://stock-news.laohu8.com/highlight/detail?id=2157492839","media":"Reuters","summary":"Aug 7 (Reuters) - India approved Johnson & Johnson's single-dose COVID-19 vaccine for emergency use ","content":"<p>Aug 7 (Reuters) - India approved Johnson &amp; Johnson's single-dose COVID-19 vaccine for emergency use on Saturday, health minister Mansukh Mandaviya said in a tweet.</p>\n<p>The pharmaceutical giant had applied for emergency use approval on Friday.</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>India approves J&J COVID-19 vaccine for emergency use</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{ 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{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\">\nIndia approves J&J COVID-19 vaccine for emergency use\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-07 16:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Aug 7 (Reuters) - India approved Johnson &amp; Johnson's single-dose COVID-19 vaccine for emergency use on Saturday, health minister Mansukh Mandaviya said in a tweet.</p>\n<p>The pharmaceutical giant had applied for emergency use approval on Friday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157492839","content_text":"Aug 7 (Reuters) - India approved Johnson & Johnson's single-dose COVID-19 vaccine for emergency use on Saturday, health minister Mansukh Mandaviya said in a tweet.\nThe pharmaceutical giant had applied for emergency use approval on Friday.","news_type":1,"symbols_score_info":{"JNJ":0.9}},"isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893778673,"gmtCreate":1628303696692,"gmtModify":1703504823545,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like 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FinWise Bank makes loans to and takes deposits from consumers and small businesses across the US. As of 3/31/21, FinWise Bancorp had total assets of $330 million, total loans of $245 million, total deposits of $189 million, and total shareholders’ equity of $52 million.</p>\n<p>Alabama bank&nbsp;<b>Southern States Bancshares</b>(SSBK) plans to raise $40 million at a $174 million market cap. Southern States Bank is a full service community bank, serving businesses and individuals through 15 branches across Alabama and Georgia. As of 3/31/21, Southern States had total assets of $1.5 billion, total loans of $1.1 billion, total deposits of $1.3 billion, and total shareholders’ equity of $145 million.</p>\n<p><img src=\"https://static.tigerbbs.com/8919c8c9b4257f3c84869f14fa89bcab\" tg-width=\"1414\" tg-height=\"356\" width=\"100%\" height=\"auto\"></p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: 2 banks test the waters amid annual summer slowdown</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\">\nUS IPO Week Ahead: 2 banks test the waters amid annual summer slowdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-07 08:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/85076/US-IPO-Week-Ahead-2-banks-test-the-waters-amid-annual-summer-slowdown><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The IPO market is getting a breather as the August lull continues to set in, with just two banks scheduled for the week ahead.\nUtah-based digital bank FinWise Bancorp(FINW) plans to raise $58 million ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/85076/US-IPO-Week-Ahead-2-banks-test-the-waters-amid-annual-summer-slowdown\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SSBK":"Southern States Bancshares, Inc.","FINW":"Finwise Bancorp"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/85076/US-IPO-Week-Ahead-2-banks-test-the-waters-amid-annual-summer-slowdown","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157428986","content_text":"The IPO market is getting a breather as the August lull continues to set in, with just two banks scheduled for the week ahead.\nUtah-based digital bank FinWise Bancorp(FINW) plans to raise $58 million at a $183 million market cap. FinWise Bank makes loans to and takes deposits from consumers and small businesses across the US. As of 3/31/21, FinWise Bancorp had total assets of $330 million, total loans of $245 million, total deposits of $189 million, and total shareholders’ equity of $52 million.\nAlabama bank Southern States Bancshares(SSBK) plans to raise $40 million at a $174 million market cap. Southern States Bank is a full service community bank, serving businesses and individuals through 15 branches across Alabama and Georgia. As of 3/31/21, Southern States had total assets of $1.5 billion, total loans of $1.1 billion, total deposits of $1.3 billion, and total shareholders’ equity of $145 million.","news_type":1,"symbols_score_info":{"SSBK":0.9,"FINW":0.9}},"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893778031,"gmtCreate":1628303668723,"gmtModify":1703504820760,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"Fully agree","listText":"Fully agree","text":"Fully 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rising?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/890701114","isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890300010,"gmtCreate":1628080850031,"gmtModify":1703500810780,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3587028911477508","authorIdStr":"3587028911477508"},"themes":[],"htmlText":"Chinese EV stocks should stay strong","listText":"Chinese EV stocks should stay strong","text":"Chinese EV stocks should stay 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Amazon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154595371","repostId":"2149333363","repostType":4,"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891154646,"gmtCreate":1628354450985,"gmtModify":1703505365198,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/891154646","repostId":"2157492839","repostType":4,"repost":{"id":"2157492839","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":1628324123,"share":"https://ttm.financial/m/news/2157492839?lang=en_US&edition=fundamental","pubTime":"2021-08-07 16:15","market":"us","language":"en","title":"India approves J&J COVID-19 vaccine for emergency use","url":"https://stock-news.laohu8.com/highlight/detail?id=2157492839","media":"Reuters","summary":"Aug 7 (Reuters) - India approved Johnson & Johnson's single-dose COVID-19 vaccine for emergency use ","content":"<p>Aug 7 (Reuters) - India approved Johnson &amp; Johnson's single-dose COVID-19 vaccine for emergency use on Saturday, health minister Mansukh Mandaviya said in a tweet.</p>\n<p>The pharmaceutical giant had applied for emergency use approval on Friday.</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>India approves J&J COVID-19 vaccine for emergency use</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\">\nIndia approves J&J COVID-19 vaccine for emergency use\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-07 16:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Aug 7 (Reuters) - India approved Johnson &amp; Johnson's single-dose COVID-19 vaccine for emergency use on Saturday, health minister Mansukh Mandaviya said in a tweet.</p>\n<p>The pharmaceutical giant had applied for emergency use approval on Friday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157492839","content_text":"Aug 7 (Reuters) - India approved Johnson & Johnson's single-dose COVID-19 vaccine for emergency use on Saturday, health minister Mansukh Mandaviya said in a tweet.\nThe pharmaceutical giant had applied for emergency use approval on Friday.","news_type":1,"symbols_score_info":{"JNJ":0.9}},"isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893778673,"gmtCreate":1628303696692,"gmtModify":1703504823545,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/893778673","repostId":"1157428986","repostType":4,"repost":{"id":"1157428986","kind":"news","pubTimestamp":1628296262,"share":"https://ttm.financial/m/news/1157428986?lang=en_US&edition=fundamental","pubTime":"2021-08-07 08:31","market":"us","language":"en","title":"US IPO Week Ahead: 2 banks test the waters amid annual summer slowdown","url":"https://stock-news.laohu8.com/highlight/detail?id=1157428986","media":"renaissancecap...","summary":"The IPO market is getting a breather as the August lull continues to set in, with just two banks sch","content":"<p>The IPO market is getting a breather as the August lull continues to set in, with just two banks scheduled for the week ahead.</p>\n<p>Utah-based digital bank&nbsp;<b>FinWise Bancorp</b>(FINW) plans to raise $58 million at a $183 million market cap. FinWise Bank makes loans to and takes deposits from consumers and small businesses across the US. As of 3/31/21, FinWise Bancorp had total assets of $330 million, total loans of $245 million, total deposits of $189 million, and total shareholders’ equity of $52 million.</p>\n<p>Alabama bank&nbsp;<b>Southern States Bancshares</b>(SSBK) plans to raise $40 million at a $174 million market cap. Southern States Bank is a full service community bank, serving businesses and individuals through 15 branches across Alabama and Georgia. As of 3/31/21, Southern States had total assets of $1.5 billion, total loans of $1.1 billion, total deposits of $1.3 billion, and total shareholders’ equity of $145 million.</p>\n<p><img src=\"https://static.tigerbbs.com/8919c8c9b4257f3c84869f14fa89bcab\" tg-width=\"1414\" tg-height=\"356\" width=\"100%\" height=\"auto\"></p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: 2 banks test the waters amid annual summer slowdown</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\">\nUS IPO Week Ahead: 2 banks test the waters amid annual summer slowdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-07 08:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/85076/US-IPO-Week-Ahead-2-banks-test-the-waters-amid-annual-summer-slowdown><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The IPO market is getting a breather as the August lull continues to set in, with just two banks scheduled for the week ahead.\nUtah-based digital bank FinWise Bancorp(FINW) plans to raise $58 million ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/85076/US-IPO-Week-Ahead-2-banks-test-the-waters-amid-annual-summer-slowdown\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SSBK":"Southern States Bancshares, Inc.","FINW":"Finwise Bancorp"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/85076/US-IPO-Week-Ahead-2-banks-test-the-waters-amid-annual-summer-slowdown","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157428986","content_text":"The IPO market is getting a breather as the August lull continues to set in, with just two banks scheduled for the week ahead.\nUtah-based digital bank FinWise Bancorp(FINW) plans to raise $58 million at a $183 million market cap. FinWise Bank makes loans to and takes deposits from consumers and small businesses across the US. As of 3/31/21, FinWise Bancorp had total assets of $330 million, total loans of $245 million, total deposits of $189 million, and total shareholders’ equity of $52 million.\nAlabama bank Southern States Bancshares(SSBK) plans to raise $40 million at a $174 million market cap. Southern States Bank is a full service community bank, serving businesses and individuals through 15 branches across Alabama and Georgia. As of 3/31/21, Southern States had total assets of $1.5 billion, total loans of $1.1 billion, total deposits of $1.3 billion, and total shareholders’ equity of $145 million.","news_type":1,"symbols_score_info":{"SSBK":0.9,"FINW":0.9}},"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881602012,"gmtCreate":1631327616136,"gmtModify":1676530529702,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"Not surprising","listText":"Not surprising","text":"Not surprising","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881602012","repostId":"2166711943","repostType":4,"repost":{"id":"2166711943","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":1631315453,"share":"https://ttm.financial/m/news/2166711943?lang=en_US&edition=fundamental","pubTime":"2021-09-11 07:10","market":"us","language":"en","title":"Wall Street ends down, Apple sinks on app store ruling","url":"https://stock-news.laohu8.com/highlight/detail?id=2166711943","media":"Reuters","summary":"Sept 10  - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.U.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.Sentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that ","content":"<p>* U.S. producer prices rise solidly in August</p>\n<p>* Apple falls after 'Fortnite' case ruling</p>\n<p>* Kroger falls as shipping woes hurt margins</p>\n<p>Sept 10 (Reuters) - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.</p>\n<p>U.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.</p>\n<p>Sentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that she would still like the central bank to begin tapering asset purchases this year despite the weak August jobs report.</p>\n<p>The S&amp;P 500 has risen about 19% in 2021, buoyed by support from dovish central bank policies and re-opening optimism.</p>\n<p>However, Wall Street has moved sideways in recent sessions as investor digest indications of increased inflation and concerns about the Delta variant's impact on the economic recovery. Investors are also uncertain about when the Federal Reserve may begin reducing massive measures enacted last year to shield the economy from the pandemic.</p>\n<p>\"The market is taking a breather,\" said Greg Bassuk, CEO of AXS Investments. \"Investors are looking for some outsized news or information that is beyond the band of expectations, something much more outsized, positively or negatively, that will give investors better visibility into how things are going to look for the balance of the year.\"</p>\n<p>Apple dropped 3.3% after a judge struck down a core part of its App Store rules, benefiting app makers. Its drop contributed more than any other stocks to the Nasdaq and S&amp;P 500's declines.</p>\n<p>Shares of app makers rallied, with Spotify Technology&nbsp;up 0.7%, and Activision Blizzard and Electronic Arts both gaining about 2%.</p>\n<p>Losses in the three main indexes accelerated toward the end of the session.</p>\n<p>The Dow Jones Industrial Average fell 0.78% to close at 34,607.72 points, while the S&amp;P 500 lost 0.77% to 4,458.58.</p>\n<p>The Nasdaq Composite dropped 0.87% to 15,115.49.</p>\n<p>For the week, the S&amp;P 500 lost 1.7%, the Dow declined 2.15% and the Nasdaq shed 1.61%.</p>\n<p>Friday was the first time since February that the S&amp;P 500 declined five days in a row.</p>\n<p>All of the eleven S&amp;P 500 sector indexes fell, with real estate and utilities each down more than 1% and leading the declines.</p>\n<p>Affirm&nbsp;Exploded 34% on Robust Revenue Growth and Guidance, Analysts Impressive Amid Faster Than Expected Merchant and Customer Growth.</p>\n<p>Grocer Kroger Co slumped nearly 8% after it said global supply chain disruptions, freight costs, discounts and wastage would hit its profit margins.</p>\n<p>Volume on U.S. exchanges was 10.0 billion shares, compared with the 9.2 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.84-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 15 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 55 new highs and 47 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends down, Apple sinks on app store ruling</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends down, Apple sinks on app store ruling\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\">2021-09-11 07:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* U.S. producer prices rise solidly in August</p>\n<p>* Apple falls after 'Fortnite' case ruling</p>\n<p>* Kroger falls as shipping woes hurt margins</p>\n<p>Sept 10 (Reuters) - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.</p>\n<p>U.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.</p>\n<p>Sentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that she would still like the central bank to begin tapering asset purchases this year despite the weak August jobs report.</p>\n<p>The S&amp;P 500 has risen about 19% in 2021, buoyed by support from dovish central bank policies and re-opening optimism.</p>\n<p>However, Wall Street has moved sideways in recent sessions as investor digest indications of increased inflation and concerns about the Delta variant's impact on the economic recovery. Investors are also uncertain about when the Federal Reserve may begin reducing massive measures enacted last year to shield the economy from the pandemic.</p>\n<p>\"The market is taking a breather,\" said Greg Bassuk, CEO of AXS Investments. \"Investors are looking for some outsized news or information that is beyond the band of expectations, something much more outsized, positively or negatively, that will give investors better visibility into how things are going to look for the balance of the year.\"</p>\n<p>Apple dropped 3.3% after a judge struck down a core part of its App Store rules, benefiting app makers. Its drop contributed more than any other stocks to the Nasdaq and S&amp;P 500's declines.</p>\n<p>Shares of app makers rallied, with Spotify Technology&nbsp;up 0.7%, and Activision Blizzard and Electronic Arts both gaining about 2%.</p>\n<p>Losses in the three main indexes accelerated toward the end of the session.</p>\n<p>The Dow Jones Industrial Average fell 0.78% to close at 34,607.72 points, while the S&amp;P 500 lost 0.77% to 4,458.58.</p>\n<p>The Nasdaq Composite dropped 0.87% to 15,115.49.</p>\n<p>For the week, the S&amp;P 500 lost 1.7%, the Dow declined 2.15% and the Nasdaq shed 1.61%.</p>\n<p>Friday was the first time since February that the S&amp;P 500 declined five days in a row.</p>\n<p>All of the eleven S&amp;P 500 sector indexes fell, with real estate and utilities each down more than 1% and leading the declines.</p>\n<p>Affirm&nbsp;Exploded 34% on Robust Revenue Growth and Guidance, Analysts Impressive Amid Faster Than Expected Merchant and Customer Growth.</p>\n<p>Grocer Kroger Co slumped nearly 8% after it said global supply chain disruptions, freight costs, discounts and wastage would hit its profit margins.</p>\n<p>Volume on U.S. exchanges was 10.0 billion shares, compared with the 9.2 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.84-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 15 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 55 new highs and 47 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","AAPL":"苹果",".DJI":"道琼斯","KR":"克罗格","DIDI":"滴滴(已退市)","SPOT":"Spotify Technology S.A.","ATVI":"动视暴雪","EA":"艺电"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166711943","content_text":"* U.S. producer prices rise solidly in August\n* Apple falls after 'Fortnite' case ruling\n* Kroger falls as shipping woes hurt margins\nSept 10 (Reuters) - Wall Street ended sharply lower on Friday as investors weighed signs of higher inflation, while Apple Inc tumbled following an unfavorable court ruling related to its app store.\nU.S. producer prices rose solidly in August, leading to the biggest annual gain in nearly 11 years and indicating that high inflation was likely to persist as the pandemic pressures supply chains, data showed.\nSentiment also took a hit from Cleveland Federal Reserve Bank President Loretta Mester's comments that she would still like the central bank to begin tapering asset purchases this year despite the weak August jobs report.\nThe S&P 500 has risen about 19% in 2021, buoyed by support from dovish central bank policies and re-opening optimism.\nHowever, Wall Street has moved sideways in recent sessions as investor digest indications of increased inflation and concerns about the Delta variant's impact on the economic recovery. Investors are also uncertain about when the Federal Reserve may begin reducing massive measures enacted last year to shield the economy from the pandemic.\n\"The market is taking a breather,\" said Greg Bassuk, CEO of AXS Investments. \"Investors are looking for some outsized news or information that is beyond the band of expectations, something much more outsized, positively or negatively, that will give investors better visibility into how things are going to look for the balance of the year.\"\nApple dropped 3.3% after a judge struck down a core part of its App Store rules, benefiting app makers. Its drop contributed more than any other stocks to the Nasdaq and S&P 500's declines.\nShares of app makers rallied, with Spotify Technology up 0.7%, and Activision Blizzard and Electronic Arts both gaining about 2%.\nLosses in the three main indexes accelerated toward the end of the session.\nThe Dow Jones Industrial Average fell 0.78% to close at 34,607.72 points, while the S&P 500 lost 0.77% to 4,458.58.\nThe Nasdaq Composite dropped 0.87% to 15,115.49.\nFor the week, the S&P 500 lost 1.7%, the Dow declined 2.15% and the Nasdaq shed 1.61%.\nFriday was the first time since February that the S&P 500 declined five days in a row.\nAll of the eleven S&P 500 sector indexes fell, with real estate and utilities each down more than 1% and leading the declines.\nAffirm Exploded 34% on Robust Revenue Growth and Guidance, Analysts Impressive Amid Faster Than Expected Merchant and Customer Growth.\nGrocer Kroger Co slumped nearly 8% after it said global supply chain disruptions, freight costs, discounts and wastage would hit its profit margins.\nVolume on U.S. exchanges was 10.0 billion shares, compared with the 9.2 billion average for the full session over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.84-to-1 ratio; on Nasdaq, a 1.88-to-1 ratio favored decliners.\nThe S&P 500 posted 15 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 55 new highs and 47 new lows.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,"ATVI":0.9,"EA":0.9,"KR":0.9,".IXIC":0.9,"AAPL":0.9,"DIDI":0.9,"SPOT":0.9}},"isVote":1,"tweetType":1,"viewCount":3493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816751321,"gmtCreate":1630537993563,"gmtModify":1676530331096,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/816751321","repostId":"1110351476","repostType":4,"repost":{"id":"1110351476","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":1630510441,"share":"https://ttm.financial/m/news/1110351476?lang=en_US&edition=fundamental","pubTime":"2021-09-01 23:34","market":"us","language":"en","title":"Focus Universal Inc. shares surged nearly 230%","url":"https://stock-news.laohu8.com/highlight/detail?id=1110351476","media":"Tiger Newspress","summary":"Focus Universal Inc. shares surged nearly 230%. The stock started trading on Nasdaq Capital Market y","content":"<p>Focus&nbsp;Universal&nbsp;Inc.&nbsp;shares&nbsp;surged&nbsp;nearly&nbsp;230%. The stock started trading on Nasdaq Capital Market yesterday.</p>\n<p><img src=\"https://static.tigerbbs.com/20952cc6988ab208c1e782cf45b91b1a\" tg-width=\"878\" tg-height=\"635\" referrerpolicy=\"no-referrer\">Focus Universal Inc. &nbsp;is a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G. The company has developed four disruptive patented technologies to solve the major problems facing hardware design, hardware production, software design and network communication facing both industries today. These technologies combined have potential to reduce costs, product development timelines and energy usage, while increasing range, speed, efficiency and security.</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>Focus Universal Inc. shares surged nearly 230%</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\">\nFocus Universal Inc. shares surged nearly 230%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-01 23:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Focus&nbsp;Universal&nbsp;Inc.&nbsp;shares&nbsp;surged&nbsp;nearly&nbsp;230%. The stock started trading on Nasdaq Capital Market yesterday.</p>\n<p><img src=\"https://static.tigerbbs.com/20952cc6988ab208c1e782cf45b91b1a\" tg-width=\"878\" tg-height=\"635\" referrerpolicy=\"no-referrer\">Focus Universal Inc. &nbsp;is a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G. The company has developed four disruptive patented technologies to solve the major problems facing hardware design, hardware production, software design and network communication facing both industries today. These technologies combined have potential to reduce costs, product development timelines and energy usage, while increasing range, speed, efficiency and security.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FCUV":"Focus Universal, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110351476","content_text":"Focus Universal Inc. shares surged nearly 230%. The stock started trading on Nasdaq Capital Market yesterday.\nFocus Universal Inc.  is a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G. The company has developed four disruptive patented technologies to solve the major problems facing hardware design, hardware production, software design and network communication facing both industries today. These technologies combined have potential to reduce costs, product development timelines and energy usage, while increasing range, speed, efficiency and security.","news_type":1,"symbols_score_info":{"FCUV":0.9}},"isVote":1,"tweetType":1,"viewCount":2738,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816753498,"gmtCreate":1630537970814,"gmtModify":1676530331081,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>how?","listText":"<a href=\"https://laohu8.com/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>how?","text":"$SEMBCORP MARINE LTD(S51.SI)$how?","images":[{"img":"https://static.tigerbbs.com/6d1c92fcb38a301c0e63358fbb198f2c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816753498","isVote":1,"tweetType":1,"viewCount":1773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":819751847,"gmtCreate":1630110017889,"gmtModify":1676530225730,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"Looking forward","listText":"Looking forward","text":"Looking forward","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819751847","repostId":"1123342356","repostType":4,"isVote":1,"tweetType":1,"viewCount":1757,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834592082,"gmtCreate":1629812262046,"gmtModify":1676530138988,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"Huge potential","listText":"Huge potential","text":"Huge potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834592082","repostId":"1175602248","repostType":4,"repost":{"id":"1175602248","kind":"news","pubTimestamp":1629811244,"share":"https://ttm.financial/m/news/1175602248?lang=en_US&edition=fundamental","pubTime":"2021-08-24 21:20","market":"us","language":"en","title":"Li Auto's DCF: I See Significant Upside Potential In The Share Price","url":"https://stock-news.laohu8.com/highlight/detail?id=1175602248","media":"seekingalpha","summary":"Summary\n\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Based in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the new energy vehicle market.</li>\n <li>Li Auto will most likely grow because its target market will grow. The NEV total revenue could grow at more than 40% y/y from 2021 to 2025.</li>\n <li>Li commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments.</li>\n <li>From 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y.</li>\n <li>I assumed that LI will have sales growth similar to that of Tesla and NIO. With FCF/Sales of 9% from 2025 to 2031, LI's FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b543e2d05866d87ad41b25673fb9977\" tg-width=\"1536\" tg-height=\"1152\" referrerpolicy=\"no-referrer\"><span>Bet_Noire/iStock via Getty Images</span></p>\n<p>Li Auto (LI) expects to deliver three new vehicles in 2022-2023, and is expanding to broader regions across China. With these developments, in my opinion, LI will most likely reach sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. In my view, the company is currently undervalued as many investors have failed to understand Li Auto's future free cash flow. Under my base case scenario and worst-case scenario, the company is worth $44-$100 per share, which is a higher mark than the current market price of $25-$28. I used a discount of 7%-10%, my own FCF assumptions, and FCF/Sales of 9%-10%, which are close to the figures delivered by Tesla (TSLA) and NIO (NIO).</p>\n<p><b>I Expect That Li Auto Could Grow At A Faster Pace Than The NEV Market In China</b></p>\n<p>Based in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the NEV market.</p>\n<p>In my view, in the next ten years, the company will deliver sales growth for two reasons. First, the electric vehicle market is growing in China more than anywhere else. Li Auto will most likely grow because its target market will grow. Experts from the China Association of Automobile Manufacturer are expecting that the NEV total revenue will grow at more than 40% y/y from 2021 to 2025. With this in mind, I believe that Li's sales growth shouldn't be much lower than 40% y/y in the coming future:</p>\n<blockquote>\n China's new energy vehicle sales are expected to grow more than 40% each year in the next five years, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Friday. Source:Reuters\n</blockquote>\n<p>Now, we also need to take into account that Li Auto is developing new cars. It means that we can expect Li Auto to gain market share in the EV market. According to the most recentprospectus, the company expects to deliver three new vehicles in 2022-2023. Li commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments of the NEV market. In sum, I believe that LI's sales growth could be larger than that of the market.</p>\n<p>There is something else. Since the company launched its first model in 2021, the company invested a lot of money in R&amp;D. As a result, Li made significant progress in its proprietary smart vehicle solutions. From 2022, the new cars will include Level 4 autonomous driving as a standard configuration. With the new technologies, I expect that drivers will be more interested in LI's vehicles, which could mean additional sales growth and market share:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68701f876a7ed928d9dc1bb463231b07\" tg-width=\"1158\" tg-height=\"582\" referrerpolicy=\"no-referrer\"><span>Source:Prospectus</span></p>\n<p><b>Li Auto</b></p>\n<p>The company has tons of cash to enhance R&amp;D and pay marketing efforts that will most likely enhance sales growth. As of March 31, 2021, the company reported more than $4.6 billion in cash, equivalents, and short-term investments. The company's asset/liability ratio is also equal to 4.7x, which means that the company's balance sheet appears very healthy:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b16280eaa991cb0f1f401099cb1f9e58\" tg-width=\"992\" tg-height=\"773\" referrerpolicy=\"no-referrer\"><span>Source: Prospectus</span></p>\n<p>Investors will most likely not worry about the company's financial obligations. Notice that Li Auto reports long-term borrowings of $79 million. Clearly, the management received a significant amount of cash from shareholders who believe in the project. LI didn't have to talk to banks to finance its operations:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9aeeda5dee33eb1e2995f52c728d7b57\" tg-width=\"949\" tg-height=\"556\" referrerpolicy=\"no-referrer\"><span>Source: Prospectus</span></p>\n<p><b>Base Case Scenario With Sales Growth Of 25%-35% And WACC Of 7%</b></p>\n<p>If Li Auto successfully launches three new vehicles as planned for 2022 and 2023, I believe that the company will most likely grow as NIO and Tesla did. From 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y. Notice that Li Auto is targeting the EV market in China, which is larger than that in the United States. Thus, in my base case scenario, with a large target market, Li Auto would most likely obtain as much sales growth as Tesla delivered:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/39373a60488bb878fd8a4a844c604f62\" tg-width=\"807\" tg-height=\"583\" referrerpolicy=\"no-referrer\"><span>Source:YCharts</span></p>\n<p>FCF/Sales of Tesla and NIO went from -200% to stabilize at 8%-10%, so I assumed that Li Auto would report the same profitability. As shown in the table below, I expect sales to go from CNY148 billion in 2025 to more than CNY489 billion in 2031. Finally, with FCF/Sales of 9% from 2025 to 2031, FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031. My terminal FCF is equal to CNY530 billion:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/704605e3bf7918ec5c3e5517eb9528cf\" tg-width=\"1280\" tg-height=\"167\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>Most investors are using a discount of 7% for the stock. So, in my base case scenario, I used the same discount. With that, I would expect volatility to increase the company's beta in the coming future. So, I used a discount of 10% in other case scenarios.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c3719e047b53e2c81b259e4c1ea47f34\" tg-width=\"500\" tg-height=\"367\" referrerpolicy=\"no-referrer\"><span>Source:LI WACC % | Li Auto - GuruFocus.com</span></p>\n<p>With&nbsp;Li Auto's WACC&nbsp;standing at 7%, the company's FCF at CNY41 billion, and an exit multiple of 25x FCF, the implied share price is equal to $100:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529c239c89a750c4554ab0f4c8d17007\" tg-width=\"1280\" tg-height=\"318\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>Note that my figures are not very different from that of most market analysts. Like other market analysts, I expect that the company will deliver sales of CNY54 billion in 2023 and FCF of CNY26 billion in 2023:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f7df4ec5cc1d2c8705c24aa7783ea40\" tg-width=\"897\" tg-height=\"139\" referrerpolicy=\"no-referrer\"><span>Source:Market Screener</span></p>\n<p><b>Detrimental Case Scenario With Sales Growth Of 10%-15% And WACC Of 10%</b></p>\n<p>China does not currently have the adequate private and public fast-charging infrastructure. That's not all. In my opinion, China has limited residential parking space in cities, high population density, and power grid capacity limits. As a result, the government may have difficulties in the development of private charging infrastructure. Li Auto reported the status of the infrastructure in its most recent prospectus:</p>\n<blockquote>\n As of December 31, 2020, fewer than 25% of families in first-tier cities in China had parking space suitable for installing home charging stalls, compared with over 70% of families in the United States, according to the CIC Report. As a result, a substantial number of BEV owners in China have to rely on public charging infrastructure. As of December 31, 2020, the ratio of NEV parc to public fast-charging stalls was 15.9 to 1, according to the CIC Report. This demonstrates the insufficient number of public fast-charging stalls in China to support the growth of BEVs. Source: Prospectus\n</blockquote>\n<p>With the limitations of public charging infrastructure, I believe that Li Auto may not report the sales growth of Tesla. Notice that if China does not develop its infrastructure, Li Auto may target a lower than expected electric vehicle market. Under my worst-case scenario, the company would deliver sales growth of 20% in 2026 and 10% from 2026 to 2031. The FCF/Sales would stay at 10%-8%, and the terminal FCF is equal to CNY18 billion:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98ebf9fb5b8264a162e2a583b764f936\" tg-width=\"1280\" tg-height=\"168\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>In this case scenario, I used a discount of 10%, which I believe is quite conservative. The exit multiple is also equal to 25x FCF, which I believe is acceptable for a company that delivers FCF/Sales of 8% and double-digit sales growth. Putting everything together and assuming a share count of 1 billion, the implied share price is equal to $44:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/832f134db974f8cabbc503a2d27be9a6\" tg-width=\"1280\" tg-height=\"317\" referrerpolicy=\"no-referrer\"><span>Source: Author</span></p>\n<p>My target price in the worst-case scenario is close to that of other analysts. The current consensus obtained from 15 analysts includes an average target price of $43 with the lowest level being at $30 and the highest mark being at $62. I believe that most market analysts expect the infrastructure in China to develop at a low rate. In any case, most of us believe that the company is a buy at its current valuation of $24-$28:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a3aeeb1224ff63850a76d67172e052cb\" tg-width=\"367\" tg-height=\"273\" referrerpolicy=\"no-referrer\"><span>Source:Market Screener</span></p>\n<p><b>Risks</b></p>\n<p>LI's success depends on the company's ability to execute its manufacturing plan as well as to deliver a large number of vehicles to drivers. The company's manufacturing facility includes a capacity of 100,000 units, and the company is working to increase its capacity to 200,000 vehicles in 2022. If the company cannot do so, I believe that Li will not be able to reach the target sales that I forecasted. As a result, future free cash flow will be lower than expected, and the company's valuation will most likely decline.</p>\n<p>Li Auto will also be affected by any disruptions to semiconductor manufacturers. The company specified clearly in its recentprospectusthat the ongoing global chip shortage that affects the automotive industry could damage LI's future production. LI's product includes a significant number of components. The shortage of any other necessary equipment would also damage the company's revenue lines and future free cash flow.</p>\n<p>Li Auto is also subject to PRC Cybersecurity Law and data protection regulations. Hence, the company invests a significant amount of money for preventing unauthorized access, security breaches, or any other damage that hackers could create. With that, new discoveries in the field of cryptography, or an increase in the level of expertise of hackers could occur. In this regard, if the company has any issue, LI's brand may be damaged, or the company may have to pay significant fines. As a result, the valuation of the company could decline.</p>\n<p><b>Conclusion</b></p>\n<p>If Li Auto successfully sells three new vehicles in 2022-2023, and the infrastructure in China is sufficiently developed, I expect sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. I assumed that LI will have sales growth similar to that of Tesla and NIO. A projection of the company's FCF for ten years and a discount rate of 7%-10% implied a fair price of $44-$100. With these figures in mind and the current valuation of $24-$28, in my opinion, there is a significant upside potential in the stock price. Once the company reaches its sales targets in 2023-2025, I believe that investors will trust the company, and the share price will creep up.</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>Li Auto's DCF: I See Significant Upside Potential In The Share Price</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\">\nLi Auto's DCF: I See Significant Upside Potential In The Share Price\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 21:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4451468-li-autos-dcf-significant-upside-potential><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the new energy vehicle market.\nLi Auto will most likely grow because its target market will ...</p>\n\n<a href=\"https://seekingalpha.com/article/4451468-li-autos-dcf-significant-upside-potential\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车"},"source_url":"https://seekingalpha.com/article/4451468-li-autos-dcf-significant-upside-potential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175602248","content_text":"Summary\n\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the new energy vehicle market.\nLi Auto will most likely grow because its target market will grow. The NEV total revenue could grow at more than 40% y/y from 2021 to 2025.\nLi commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments.\nFrom 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y.\nI assumed that LI will have sales growth similar to that of Tesla and NIO. With FCF/Sales of 9% from 2025 to 2031, LI's FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031.\n\nBet_Noire/iStock via Getty Images\nLi Auto (LI) expects to deliver three new vehicles in 2022-2023, and is expanding to broader regions across China. With these developments, in my opinion, LI will most likely reach sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. In my view, the company is currently undervalued as many investors have failed to understand Li Auto's future free cash flow. Under my base case scenario and worst-case scenario, the company is worth $44-$100 per share, which is a higher mark than the current market price of $25-$28. I used a discount of 7%-10%, my own FCF assumptions, and FCF/Sales of 9%-10%, which are close to the figures delivered by Tesla (TSLA) and NIO (NIO).\nI Expect That Li Auto Could Grow At A Faster Pace Than The NEV Market In China\nBased in China, Li Auto is a new energy passenger vehicle with a market share of more than 9% of the NEV market.\nIn my view, in the next ten years, the company will deliver sales growth for two reasons. First, the electric vehicle market is growing in China more than anywhere else. Li Auto will most likely grow because its target market will grow. Experts from the China Association of Automobile Manufacturer are expecting that the NEV total revenue will grow at more than 40% y/y from 2021 to 2025. With this in mind, I believe that Li's sales growth shouldn't be much lower than 40% y/y in the coming future:\n\n China's new energy vehicle sales are expected to grow more than 40% each year in the next five years, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Friday. Source:Reuters\n\nNow, we also need to take into account that Li Auto is developing new cars. It means that we can expect Li Auto to gain market share in the EV market. According to the most recentprospectus, the company expects to deliver three new vehicles in 2022-2023. Li commenced to deliver cars in 2021, and obtained a significant market share. I would expect that the company will obtain more market share when new models tap new segments of the NEV market. In sum, I believe that LI's sales growth could be larger than that of the market.\nThere is something else. Since the company launched its first model in 2021, the company invested a lot of money in R&D. As a result, Li made significant progress in its proprietary smart vehicle solutions. From 2022, the new cars will include Level 4 autonomous driving as a standard configuration. With the new technologies, I expect that drivers will be more interested in LI's vehicles, which could mean additional sales growth and market share:\nSource:Prospectus\nLi Auto\nThe company has tons of cash to enhance R&D and pay marketing efforts that will most likely enhance sales growth. As of March 31, 2021, the company reported more than $4.6 billion in cash, equivalents, and short-term investments. The company's asset/liability ratio is also equal to 4.7x, which means that the company's balance sheet appears very healthy:\nSource: Prospectus\nInvestors will most likely not worry about the company's financial obligations. Notice that Li Auto reports long-term borrowings of $79 million. Clearly, the management received a significant amount of cash from shareholders who believe in the project. LI didn't have to talk to banks to finance its operations:\nSource: Prospectus\nBase Case Scenario With Sales Growth Of 25%-35% And WACC Of 7%\nIf Li Auto successfully launches three new vehicles as planned for 2022 and 2023, I believe that the company will most likely grow as NIO and Tesla did. From 2012 to 2020, Tesla and NIO reported sales growth of more than 50% when the distribution of new cars commenced. Then, as the production of new cars continued, sales growth declined from 200% to less than 30%-50% y/y. Notice that Li Auto is targeting the EV market in China, which is larger than that in the United States. Thus, in my base case scenario, with a large target market, Li Auto would most likely obtain as much sales growth as Tesla delivered:\nSource:YCharts\nFCF/Sales of Tesla and NIO went from -200% to stabilize at 8%-10%, so I assumed that Li Auto would report the same profitability. As shown in the table below, I expect sales to go from CNY148 billion in 2025 to more than CNY489 billion in 2031. Finally, with FCF/Sales of 9% from 2025 to 2031, FCF would grow from CNY102 billion in 2025 to more than CNY440 billion in 2031. My terminal FCF is equal to CNY530 billion:\nSource: Author\nMost investors are using a discount of 7% for the stock. So, in my base case scenario, I used the same discount. With that, I would expect volatility to increase the company's beta in the coming future. So, I used a discount of 10% in other case scenarios.\nSource:LI WACC % | Li Auto - GuruFocus.com\nWith Li Auto's WACC standing at 7%, the company's FCF at CNY41 billion, and an exit multiple of 25x FCF, the implied share price is equal to $100:\nSource: Author\nNote that my figures are not very different from that of most market analysts. Like other market analysts, I expect that the company will deliver sales of CNY54 billion in 2023 and FCF of CNY26 billion in 2023:\nSource:Market Screener\nDetrimental Case Scenario With Sales Growth Of 10%-15% And WACC Of 10%\nChina does not currently have the adequate private and public fast-charging infrastructure. That's not all. In my opinion, China has limited residential parking space in cities, high population density, and power grid capacity limits. As a result, the government may have difficulties in the development of private charging infrastructure. Li Auto reported the status of the infrastructure in its most recent prospectus:\n\n As of December 31, 2020, fewer than 25% of families in first-tier cities in China had parking space suitable for installing home charging stalls, compared with over 70% of families in the United States, according to the CIC Report. As a result, a substantial number of BEV owners in China have to rely on public charging infrastructure. As of December 31, 2020, the ratio of NEV parc to public fast-charging stalls was 15.9 to 1, according to the CIC Report. This demonstrates the insufficient number of public fast-charging stalls in China to support the growth of BEVs. Source: Prospectus\n\nWith the limitations of public charging infrastructure, I believe that Li Auto may not report the sales growth of Tesla. Notice that if China does not develop its infrastructure, Li Auto may target a lower than expected electric vehicle market. Under my worst-case scenario, the company would deliver sales growth of 20% in 2026 and 10% from 2026 to 2031. The FCF/Sales would stay at 10%-8%, and the terminal FCF is equal to CNY18 billion:\nSource: Author\nIn this case scenario, I used a discount of 10%, which I believe is quite conservative. The exit multiple is also equal to 25x FCF, which I believe is acceptable for a company that delivers FCF/Sales of 8% and double-digit sales growth. Putting everything together and assuming a share count of 1 billion, the implied share price is equal to $44:\nSource: Author\nMy target price in the worst-case scenario is close to that of other analysts. The current consensus obtained from 15 analysts includes an average target price of $43 with the lowest level being at $30 and the highest mark being at $62. I believe that most market analysts expect the infrastructure in China to develop at a low rate. In any case, most of us believe that the company is a buy at its current valuation of $24-$28:\nSource:Market Screener\nRisks\nLI's success depends on the company's ability to execute its manufacturing plan as well as to deliver a large number of vehicles to drivers. The company's manufacturing facility includes a capacity of 100,000 units, and the company is working to increase its capacity to 200,000 vehicles in 2022. If the company cannot do so, I believe that Li will not be able to reach the target sales that I forecasted. As a result, future free cash flow will be lower than expected, and the company's valuation will most likely decline.\nLi Auto will also be affected by any disruptions to semiconductor manufacturers. The company specified clearly in its recentprospectusthat the ongoing global chip shortage that affects the automotive industry could damage LI's future production. LI's product includes a significant number of components. The shortage of any other necessary equipment would also damage the company's revenue lines and future free cash flow.\nLi Auto is also subject to PRC Cybersecurity Law and data protection regulations. Hence, the company invests a significant amount of money for preventing unauthorized access, security breaches, or any other damage that hackers could create. With that, new discoveries in the field of cryptography, or an increase in the level of expertise of hackers could occur. In this regard, if the company has any issue, LI's brand may be damaged, or the company may have to pay significant fines. As a result, the valuation of the company could decline.\nConclusion\nIf Li Auto successfully sells three new vehicles in 2022-2023, and the infrastructure in China is sufficiently developed, I expect sales of CNY114 billion in 2025 and 2025 FCF of CNY102 billion. I assumed that LI will have sales growth similar to that of Tesla and NIO. A projection of the company's FCF for ten years and a discount rate of 7%-10% implied a fair price of $44-$100. With these figures in mind and the current valuation of $24-$28, in my opinion, there is a significant upside potential in the stock price. Once the company reaches its sales targets in 2023-2025, I believe that investors will trust the company, and the share price will creep up.","news_type":1,"symbols_score_info":{"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":2284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836264213,"gmtCreate":1629501907532,"gmtModify":1676530058170,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/836264213","repostId":"2160710721","repostType":4,"isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154739952,"gmtCreate":1625544322876,"gmtModify":1703743406951,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154739952","repostId":"2149761358","repostType":4,"repost":{"id":"2149761358","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":1625542607,"share":"https://ttm.financial/m/news/2149761358?lang=en_US&edition=fundamental","pubTime":"2021-07-06 11:36","market":"us","language":"en","title":"Deutsche Bank launches indexes to track 21 emerging market currencies","url":"https://stock-news.laohu8.com/highlight/detail?id=2149761358","media":"Reuters","summary":"July 6 (Reuters) - German lender Deutsche Bank said on Tuesday it launched a new set of foreign exch","content":"<p>July 6 (Reuters) - German lender Deutsche Bank said on Tuesday it launched a new set of foreign exchange (FX) indexes to track 21 emerging market <a href=\"https://laohu8.com/S/EM\">$(EM)$</a> currencies, indicating a growing relevance and importance of developing markets in the global economy.</p>\n<p>The set of four new non-tradable FX indexes would track EMs that have over the past couple of decades seen increased global investment inflows, growing proportion of government debt issuance, and a significant jump in transaction volumes in FX.</p>\n<p>\"The new indices track both spot and carry performance of 21 emerging market currencies, serving as a comprehensive set of barometers for EM investors tracking FX,\" Deutsche Bank EM strategist Oliver Harvey said in a statement.</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>Deutsche Bank launches indexes to track 21 emerging market currencies</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\">\nDeutsche Bank launches indexes to track 21 emerging market currencies\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\">2021-07-06 11:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 6 (Reuters) - German lender Deutsche Bank said on Tuesday it launched a new set of foreign exchange (FX) indexes to track 21 emerging market <a href=\"https://laohu8.com/S/EM\">$(EM)$</a> currencies, indicating a growing relevance and importance of developing markets in the global economy.</p>\n<p>The set of four new non-tradable FX indexes would track EMs that have over the past couple of decades seen increased global investment inflows, growing proportion of government debt issuance, and a significant jump in transaction volumes in FX.</p>\n<p>\"The new indices track both spot and carry performance of 21 emerging market currencies, serving as a comprehensive set of barometers for EM investors tracking FX,\" Deutsche Bank EM strategist Oliver Harvey said in a statement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DB":"德意志银行"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149761358","content_text":"July 6 (Reuters) - German lender Deutsche Bank said on Tuesday it launched a new set of foreign exchange (FX) indexes to track 21 emerging market $(EM)$ currencies, indicating a growing relevance and importance of developing markets in the global economy.\nThe set of four new non-tradable FX indexes would track EMs that have over the past couple of decades seen increased global investment inflows, growing proportion of government debt issuance, and a significant jump in transaction volumes in FX.\n\"The new indices track both spot and carry performance of 21 emerging market currencies, serving as a comprehensive set of barometers for EM investors tracking FX,\" Deutsche Bank EM strategist Oliver Harvey said in a statement.","news_type":1,"symbols_score_info":{"DB":0.9}},"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893778031,"gmtCreate":1628303668723,"gmtModify":1703504820760,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"Fully agree","listText":"Fully agree","text":"Fully agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/893778031","repostId":"1143051031","repostType":4,"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806102111,"gmtCreate":1627637915133,"gmtModify":1703493841277,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"Will continue to stockpile","listText":"Will continue to stockpile","text":"Will continue to stockpile","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806102111","repostId":"1166392380","repostType":4,"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837491692,"gmtCreate":1629903489416,"gmtModify":1676530168523,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"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/837491692","repostId":"2162054990","repostType":4,"isVote":1,"tweetType":1,"viewCount":2161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832153331,"gmtCreate":1629600214123,"gmtModify":1676530076818,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"Focus","listText":"Focus","text":"Focus","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/832153331","repostId":"1151608193","repostType":4,"repost":{"id":"1151608193","kind":"news","pubTimestamp":1629728324,"share":"https://ttm.financial/m/news/1151608193?lang=en_US&edition=fundamental","pubTime":"2021-08-23 22:18","market":"us","language":"en","title":"Buy the pullback in chip stocks — and focus on these 6 companies for the long haul","url":"https://stock-news.laohu8.com/highlight/detail?id=1151608193","media":"MarketWatch","summary":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correcti","content":"<p><b>The iShares Semiconductor ETF is down over 6% from recent highs.</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b24e4a76a5d1cd0ff030cf1b0eeac0f\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>ISTOCKPHOTO</span></p>\n<p>In the rolling correction that’s running through the stock market, chip makers have been hit harder than most.</p>\n<p>The iShares Semiconductor ETF&nbsp;is down over 6% from recent highs, compared to declines of 2% or less for the S&amp;P 500,Nasdaq&nbsp;Composite&nbsp;and the Dow Jones Industrial Average.</p>\n<p>Does that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.</p>\n<p>A lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”</p>\n<p>Those are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.</p>\n<p>You’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.</p>\n<p><b>1. The wicked witch of cyclicality is dead</b></p>\n<p>“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “<a href=\"https://laohu8.com/S/FBNC\">First</a> PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like <a href=\"https://laohu8.com/S/ZM\">Zoom</a>, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.</p>\n<p>“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”</p>\n<p>He’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William&nbsp;Blair&nbsp;analyst Greg Scolaro.</p>\n<p>All of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> chip sector analyst Vivek Arya. “That’s not just our view, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> confirmed by a majority of large customers.”</p>\n<p><b>2. The players have consolidated</b></p>\n<p>All up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.</p>\n<p>In chip design software, you have Cadence Design Systems&nbsp;and Synopsys.In production equipment, companies dominate specialized niches like ASML&nbsp;in extreme ultraviolet lithography&nbsp;(EUV). Manufacturing is dominated by Taiwan Semiconductor&nbsp;and Samsung Electronics.</p>\n<p>These companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.</p>\n<p><b>3. Profitability has improved</b></p>\n<p>This more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.</p>\n<p>This has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere &amp; Co. “They are not trading at a frothy multiple.”</p>\n<p><b>The stocks to buy</b></p>\n<p>Here are six names favored by chip experts I recently checked in with.</p>\n<p><b>New management plays</b></p>\n<p>Though Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm&nbsp;and ON Semiconductor.</p>\n<p>Both have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. <a href=\"https://laohu8.com/S/ON\">ON Semiconductor</a> is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.</p>\n<p><b>A data center and gaming play</b></p>\n<p>Karazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.</p>\n<p><b>Design tool companies</b></p>\n<p>Speaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and <a href=\"https://laohu8.com/S/SNPS\">Synopsys</a>.</p>\n<p>Their software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.</p>\n<p><b>An EUV&nbsp;play</b></p>\n<p>To put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.</p>\n<p>In other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.</p>\n<p><b>Risks</b></p>\n<p>Here are some of the chief risks for chip sector investors to watch.</p>\n<p><b>Oversupply</b></p>\n<p>Chip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. <a href=\"https://laohu8.com/S/CAAS\">China</a> wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.</p>\n<p>The upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.</p>\n<p>Next, big tech companies like Alphabet,Apple&nbsp;and Ammazon.com&nbsp;are all doing their own chip design, which threatens specialized chip companies that do the same thing.</p>\n<p><b><a href=\"https://laohu8.com/S/QTM\">Quantum</a> computing</b></p>\n<p>Computers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”</p>\n<p><b>A disturbing signal</b></p>\n<p>A blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.</p>\n<p>Another cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory&nbsp;(DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.</p>\n<p>But it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.</p>\n<p>Ford,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.</p>\n<p>Paulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including <a href=\"https://laohu8.com/S/F\">Ford</a> cars.</p>","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>Buy the pullback in chip stocks — and focus on these 6 companies for the long haul</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\">\nBuy the pullback in chip stocks — and focus on these 6 companies for the long haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares ...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ON":"安森美半导体","AAPL":"苹果","SSNLF":"三星电子","GOOGL":"谷歌A","AMZN":"亚马逊","GOOG":"谷歌","SNPS":"新思科技","QCOM":"高通","TSM":"台积电","CDNS":"铿腾电子","ASML":"阿斯麦","NVDA":"英伟达","SOXX":"iShares费城交易所半导体ETF"},"source_url":"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151608193","content_text":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares Semiconductor ETF is down over 6% from recent highs, compared to declines of 2% or less for the S&P 500,Nasdaq Composite and the Dow Jones Industrial Average.\nDoes that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.\nA lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”\nThose are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.\nYou’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.\n1. The wicked witch of cyclicality is dead\n“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “First PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.\nJust look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like Zoom, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.\n“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”\nHe’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William Blair analyst Greg Scolaro.\nAll of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says Bank of America chip sector analyst Vivek Arya. “That’s not just our view, but one confirmed by a majority of large customers.”\n2. The players have consolidated\nAll up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.\nIn chip design software, you have Cadence Design Systems and Synopsys.In production equipment, companies dominate specialized niches like ASML in extreme ultraviolet lithography (EUV). Manufacturing is dominated by Taiwan Semiconductor and Samsung Electronics.\nThese companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.\n3. Profitability has improved\nThis more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.\nThis has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere & Co. “They are not trading at a frothy multiple.”\nThe stocks to buy\nHere are six names favored by chip experts I recently checked in with.\nNew management plays\nThough Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm and ON Semiconductor.\nBoth have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. ON Semiconductor is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.\nA data center and gaming play\nKarazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.\nDesign tool companies\nSpeaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and Synopsys.\nTheir software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.\nAn EUV play\nTo put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.\nIn other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.\nRisks\nHere are some of the chief risks for chip sector investors to watch.\nOversupply\nChip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. China wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.\nThe upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.\nNext, big tech companies like Alphabet,Apple and Ammazon.com are all doing their own chip design, which threatens specialized chip companies that do the same thing.\nQuantum computing\nComputers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”\nA disturbing signal\nA blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.\nAnother cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory (DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.\nBut it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.\nFord,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.\nPaulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including Ford cars.","news_type":1,"symbols_score_info":{"SSNLF":0.9,"CDNS":0.9,"AAPL":0.9,"ON":0.9,"SOXX":0.9,"GOOG":0.9,"AMZN":0.9,"SNPS":0.9,"GOOGL":0.9,"QCOM":0.9,"ASML":0.9,"TSM":0.9,"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801395263,"gmtCreate":1627481992652,"gmtModify":1703490859573,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"Once there are clarity at china end, these stocks will fly","listText":"Once there are clarity at china end, these stocks will fly","text":"Once there are clarity at china end, these stocks will fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/801395263","repostId":"1154854343","repostType":2,"repost":{"id":"1154854343","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":1627481786,"share":"https://ttm.financial/m/news/1154854343?lang=en_US&edition=fundamental","pubTime":"2021-07-28 22:16","market":"us","language":"en","title":"Hot Chinese concept stocks continue to rebound","url":"https://stock-news.laohu8.com/highlight/detail?id=1154854343","media":"Tiger Newspress","summary":"Hot Chinese concept stocks continue to rebound in Wednesday morning trading.Alibaba,JD.com, Pinduodu","content":"<p>Hot Chinese concept stocks continue to rebound&nbsp;in Wednesday morning trading.Alibaba,JD.com,&nbsp;Pinduoduo,Baidu,DiDi&nbsp;Global,Nio,Xpeng Motors and Li Auto&nbsp;climbed between 3% and 13%.</p>\n<p><img src=\"https://static.tigerbbs.com/8198eadc3c17e2d3fa3226a5348e1bef\" tg-width=\"359\" tg-height=\"603\" width=\"100%\" height=\"auto\"></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>Hot Chinese concept stocks continue to rebound</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Chinese concept stocks continue to rebound\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-28 22:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hot Chinese concept stocks continue to rebound&nbsp;in Wednesday morning trading.Alibaba,JD.com,&nbsp;Pinduoduo,Baidu,DiDi&nbsp;Global,Nio,Xpeng Motors and Li Auto&nbsp;climbed between 3% and 13%.</p>\n<p><img src=\"https://static.tigerbbs.com/8198eadc3c17e2d3fa3226a5348e1bef\" tg-width=\"359\" tg-height=\"603\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度","BABA":"阿里巴巴","LI":"理想汽车","DIDI":"滴滴(已退市)","XPEV":"小鹏汽车","JD":"京东","NTES":"网易","PDD":"拼多多","NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154854343","content_text":"Hot Chinese concept stocks continue to rebound in Wednesday morning trading.Alibaba,JD.com, Pinduoduo,Baidu,DiDi Global,Nio,Xpeng Motors and Li Auto climbed between 3% and 13%.","news_type":1,"symbols_score_info":{"PDD":0.9,"DIDI":0.9,"LI":0.9,"BIDU":0.9,"XPEV":0.9,"JD":0.9,"BABA":0.9,"NTES":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":616,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809977638,"gmtCreate":1627346289124,"gmtModify":1703487973133,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"Positive note","listText":"Positive note","text":"Positive note","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809977638","repostId":"1153028059","repostType":4,"repost":{"id":"1153028059","kind":"news","pubTimestamp":1627340900,"share":"https://ttm.financial/m/news/1153028059?lang=en_US&edition=fundamental","pubTime":"2021-07-27 07:08","market":"us","language":"en","title":"Tesla sales surge 98%; company boosts margins on its less-costly electric cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1153028059","media":"Reuters","summary":" -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operati","content":"<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.</p>\n<p>Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.</p>\n<p>For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.</p>\n<p>Shares of the world’s most valuable automaker rose 1.5% in extended trade.</p>\n<p>In a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.</p>\n<p>“The global chip shortage situation remains quite serious,” Musk said.</p>\n<p>Still, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.</p>\n<p>Despite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.</p>\n<p>The carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.</p>\n<p>Analysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.</p>\n<p>Excluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.</p>\n<p>Tesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.</p>\n<p>Tesla’s profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.</p>\n<p>“Tesla impressed with its numbers, as most of its revenue came from vehicle sales,” Jesse Cohen, senior analyst at Investing.com, said.</p>\n<p>Carmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.</p>\n<p>Tesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.</p>\n<p>But the company’s new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.</p>\n<p>In an aside, Musk said he “most likely will not be on earnings calls” going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.</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>Tesla sales surge 98%; company boosts margins on its less-costly electric cars</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\">\nTesla sales surge 98%; company boosts margins on its less-costly electric cars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on ...</p>\n\n<a href=\"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153028059","content_text":"(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.\nTesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.\nFor the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.\nShares of the world’s most valuable automaker rose 1.5% in extended trade.\nIn a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.\n“The global chip shortage situation remains quite serious,” Musk said.\nStill, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.\nDespite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.\nThe carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.\nAnalysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.\nExcluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.\nTesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.\nTesla’s profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.\n“Tesla impressed with its numbers, as most of its revenue came from vehicle sales,” Jesse Cohen, senior analyst at Investing.com, said.\nCarmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.\nTesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.\nBut the company’s new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.\nIn an aside, Musk said he “most likely will not be on earnings calls” going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812795896,"gmtCreate":1630623326515,"gmtModify":1676530356714,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>moving up?","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>moving up?","text":"$Tiger Brokers(TIGR)$moving up?","images":[{"img":"https://static.tigerbbs.com/9d3d67f12b4aca125484e34f57aa1096","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812795896","isVote":1,"tweetType":1,"viewCount":1908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":816271025,"gmtCreate":1630505534867,"gmtModify":1676530323843,"author":{"id":"3587028911477508","authorId":"3587028911477508","name":"Coffeenuts","avatar":"https://static.tigerbbs.com/84fff35d69396d64b0227a6d86d85721","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587028911477508","idStr":"3587028911477508"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Y5VR.SI\">$SEMBCORP MARINE LTD-RIGHTS(Y5VR.SI)$</a>&nbsp; &nbsp; what am i suppose to do with this?&nbsp;","listText":"<a href=\"https://laohu8.com/S/Y5VR.SI\">$SEMBCORP MARINE LTD-RIGHTS(Y5VR.SI)$</a>&nbsp; &nbsp; what am i suppose to do with this?&nbsp;","text":"$SEMBCORP MARINE LTD-RIGHTS(Y5VR.SI)$ what am i suppose to do with this?","images":[{"img":"https://static.tigerbbs.com/cc133dff51c1b08e6896c6e7a8950cc2","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/816271025","isVote":1,"tweetType":1,"viewCount":2614,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578860398815388","authorId":"3578860398815388","name":"OneC","avatar":"https://static.tigerbbs.com/d79efe8cb40ab89cc73afcebf2a58e77","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3578860398815388","idStr":"3578860398815388"},"content":"u can sell the right unit. if not the unit remains allows u to buy the share at 0.08 per unit . u get nothing if you not sell the right unit nor not pay 0.08 per unit to buy unit","text":"u can sell the right unit. if not the unit remains allows u to buy the share at 0.08 per unit . u get nothing if you not sell the right unit nor not pay 0.08 per unit to buy unit","html":"u can sell the right unit. if not the unit remains allows u to buy the share at 0.08 per unit . u get nothing if you not sell the right unit nor not pay 0.08 per unit to buy unit"}],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}