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alex321
2023-01-06
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@Elliottwave_Forecast:TESLA Provided The Short-Term Selling Opportunity At The Blue Box Area
alex321
2023-01-05
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alex321
2023-01-04
Kk
alex321
2023-01-02
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alex321
2023-01-01
Oo
alex321
2022-12-31
Ik
alex321
2022-12-30
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@TigerEvents:Join Tiger's Football Season, share the prizes worth up to US$200,000
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2022-12-30
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alex321
2022-12-29
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alex321
2022-12-28
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alex321
2022-12-27
K
alex321
2022-12-26
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alex321
2022-12-24
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alex321
2022-12-23
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alex321
2022-12-21
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alex321
2022-12-21
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alex321
2022-12-20
Kk
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2022-12-16
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2022-12-15
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2022-12-14
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In which, the decline from the 01 December 2022 high unfolded as an impulse sequence and showed a lower low sequence within the bigger cycle from November 2021 peak. Therefore, we knew that the structure of Tesla is incomplete to the downside & should see more weakness. So, we advised members to sell the bounces in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below: Tesla 1-Hour Elliott Wave Chart Tesla 1-Hour Elliott Wave Chart Here’s the 1-hour Elliott wave Chart from the 12/30/2022 update. In which, t","listText":"TESLA Provided The Short-Term Selling Opportunity At The Blue Box AreaJanuary 4, 2023ByHassan Sheikh In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of the Tesla ticker symbol: TSLA. In which, the decline from the 01 December 2022 high unfolded as an impulse sequence and showed a lower low sequence within the bigger cycle from November 2021 peak. Therefore, we knew that the structure of Tesla is incomplete to the downside & should see more weakness. So, we advised members to sell the bounces in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below: Tesla 1-Hour Elliott Wave Chart Tesla 1-Hour Elliott Wave Chart Here’s the 1-hour Elliott wave Chart from the 12/30/2022 update. In which, t","text":"TESLA Provided The Short-Term Selling Opportunity At The Blue Box AreaJanuary 4, 2023ByHassan Sheikh In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of the Tesla ticker symbol: TSLA. In which, the decline from the 01 December 2022 high unfolded as an impulse sequence and showed a lower low sequence within the bigger cycle from November 2021 peak. Therefore, we knew that the structure of Tesla is incomplete to the downside & should see more weakness. So, we advised members to sell the bounces in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below: Tesla 1-Hour Elliott Wave Chart Tesla 1-Hour Elliott Wave Chart Here’s the 1-hour Elliott wave Chart from the 12/30/2022 update. In which, 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Tiger's Football Season, share the prizes worth up to US$200,000","htmlText":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","listText":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","text":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","images":[{"img":"https://community-static.tradeup.com/news/e8c9b6ab16214df413c77708cf5957bf","width":"404","height":"707"},{"img":"https://community-static.tradeup.com/news/6f0ddb54cc9e55b9b9b59a0c9908bfb5","width":"358","height":"471"},{"img":"https://community-static.tradeup.com/news/d9cc4adf57a9972e62e94d321ecc6734","width":"402","height":"712"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963969638","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927199422,"gmtCreate":1672413444667,"gmtModify":1676538688046,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9927199422","isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9924738439,"gmtCreate":1672327211921,"gmtModify":1676538673123,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9924738439","isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9924697208,"gmtCreate":1672239081804,"gmtModify":1676538657843,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9924697208","isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925571563,"gmtCreate":1672073932052,"gmtModify":1676538630598,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925571563","isVote":1,"tweetType":1,"viewCount":3,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925850945,"gmtCreate":1671988469788,"gmtModify":1676538619067,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925850945","isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922488182,"gmtCreate":1671816942246,"gmtModify":1676538599224,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9922488182","isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922172209,"g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completes its transition to proof-of-stake, ending lucrative and energy-consuming “mining”.Correcting the Ethereum hash rate model to account for used graphics card sales accounts for Nvidia’s fiscal Q2 results.The impact of the Merge on Nvidia’s sales will be, at best, ugly.How will the Merge affect Nvidia’s expected RTX 40 series launch?Investor takeaways: Will Nvidia need to restate guidance for this quarter?vzphotos/iStock Editorial via Getty ImagesThe Ethereum Foundation, which manages the Ether cryptocurrency, has announced completion of what it calls the Merge, whereby validation of new blocks of transactions no longer takes place by \"mining\". The millions of high-end graphics cards that are used for this will no longer beneeded for the new \"proof-of-stake\" approach, so tha","listText":"Ethereum completes its transition to proof-of-stake, ending lucrative and energy-consuming “mining”.Correcting the Ethereum hash rate model to account for used graphics card sales accounts for Nvidia’s fiscal Q2 results.The impact of the Merge on Nvidia’s sales will be, at best, ugly.How will the Merge affect Nvidia’s expected RTX 40 series launch?Investor takeaways: Will Nvidia need to restate guidance for this quarter?vzphotos/iStock Editorial via Getty ImagesThe Ethereum Foundation, which manages the Ether cryptocurrency, has announced completion of what it calls the Merge, whereby validation of new blocks of transactions no longer takes place by \"mining\". The millions of high-end graphics cards that are used for this will no longer beneeded for the new \"proof-of-stake\" approach, so tha","text":"Ethereum completes its transition to proof-of-stake, ending lucrative and energy-consuming “mining”.Correcting the Ethereum hash rate model to account for used graphics card sales accounts for Nvidia’s fiscal Q2 results.The impact of the Merge on Nvidia’s sales will be, at best, ugly.How will the Merge affect Nvidia’s expected RTX 40 series launch?Investor takeaways: Will Nvidia need to restate guidance for this quarter?vzphotos/iStock Editorial via Getty ImagesThe Ethereum Foundation, which manages the Ether cryptocurrency, has announced completion of what it calls the Merge, whereby validation of new blocks of transactions no longer takes place by \"mining\". The millions of high-end graphics cards that are used for this will no longer beneeded for the new \"proof-of-stake\" approach, so tha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":70,"commentSize":70,"repostSize":2,"link":"https://ttm.financial/post/9937764209","isVote":1,"tweetType":1,"viewCount":2243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932503855,"gmtCreate":1662950880778,"gmtModify":1676537170060,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Netflix has teamed up with Ubisoft, one of Europe’s biggest video game companies, as the streaming giant seeks to bolster its fledgling gaming business.The California-based streaming service will launch three new mobile games next year based on Ubisoft’s games, including its most successful title Assassin’s Creed.The move comes as Netflix attempts to accelerate growth of its new gaming arm amid a slowdown in the company’s streaming business. The streaming group has lost more than half of its market value since April when it revealed its decade-long subscriber growth had ended.The partnership will entail the French gaming group developing the mobile games for Netflix. This will also include a game based on Ubisoft’s Mighty Quest, a castle-building and monster-looting game, and the historica","listText":"Netflix has teamed up with Ubisoft, one of Europe’s biggest video game companies, as the streaming giant seeks to bolster its fledgling gaming business.The California-based streaming service will launch three new mobile games next year based on Ubisoft’s games, including its most successful title Assassin’s Creed.The move comes as Netflix attempts to accelerate growth of its new gaming arm amid a slowdown in the company’s streaming business. The streaming group has lost more than half of its market value since April when it revealed its decade-long subscriber growth had ended.The partnership will entail the French gaming group developing the mobile games for Netflix. This will also include a game based on Ubisoft’s Mighty Quest, a castle-building and monster-looting game, and the historica","text":"Netflix has teamed up with Ubisoft, one of Europe’s biggest video game companies, as the streaming giant seeks to bolster its fledgling gaming business.The California-based streaming service will launch three new mobile games next year based on Ubisoft’s games, including its most successful title Assassin’s Creed.The move comes as Netflix attempts to accelerate growth of its new gaming arm amid a slowdown in the company’s streaming business. The streaming group has lost more than half of its market value since April when it revealed its decade-long subscriber growth had ended.The partnership will entail the French gaming group developing the mobile games for Netflix. This will also include a game based on Ubisoft’s Mighty Quest, a castle-building and monster-looting game, and the historica","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":62,"commentSize":59,"repostSize":2,"link":"https://ttm.financial/post/9932503855","isVote":1,"tweetType":1,"viewCount":1457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935199187,"gmtCreate":1663039980750,"gmtModify":1676537189727,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"After CPI data on Aug. 10 showed US inflation decelerated by more than expected, the S&P 500 briefly surged to within a hair of its 200-day moving average. But the index then lost steam, failing to recapture that threshold and coming under pressure after a fast rise in Treasury yields rattled growth shares and upended the stock market’s $7 trillion early summer rebound.The difference this time is that investor positioning is already depressed, which is a contrarian sign, according to Keith Lerner, co-chief investment officer at Truist Advisory Services. “This suggests at least some investors are already braced for bad news and will not need to take aggressive selling action since they are already somewhat hedged,” he wrote in a note to clients.Meanwhile, US consumer-price inflation is","listText":"After CPI data on Aug. 10 showed US inflation decelerated by more than expected, the S&P 500 briefly surged to within a hair of its 200-day moving average. But the index then lost steam, failing to recapture that threshold and coming under pressure after a fast rise in Treasury yields rattled growth shares and upended the stock market’s $7 trillion early summer rebound.The difference this time is that investor positioning is already depressed, which is a contrarian sign, according to Keith Lerner, co-chief investment officer at Truist Advisory Services. “This suggests at least some investors are already braced for bad news and will not need to take aggressive selling action since they are already somewhat hedged,” he wrote in a note to clients.Meanwhile, US consumer-price inflation is","text":"After CPI data on Aug. 10 showed US inflation decelerated by more than expected, the S&P 500 briefly surged to within a hair of its 200-day moving average. But the index then lost steam, failing to recapture that threshold and coming under pressure after a fast rise in Treasury yields rattled growth shares and upended the stock market’s $7 trillion early summer rebound.The difference this time is that investor positioning is already depressed, which is a contrarian sign, according to Keith Lerner, co-chief investment officer at Truist Advisory Services. “This suggests at least some investors are already braced for bad news and will not need to take aggressive selling action since they are already somewhat hedged,” he wrote in a note to clients.Meanwhile, US consumer-price inflation is","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":56,"commentSize":49,"repostSize":0,"link":"https://ttm.financial/post/9935199187","isVote":1,"tweetType":1,"viewCount":997,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934902961,"gmtCreate":1663168577153,"gmtModify":1676537218908,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"The key economic data is the US CPI for August will be released tomorrow night.Economists surveyed by Bloomberg expected headline CPI to rise 8.1% over the prior year in August, a moderation from 8.5% increase seen in July, and falling by 0.1% month-on-month. The core CPI increase by 6.1% year-on-year in August, higher than 5.9% in July and 0.3% month-on-month.However, investors expected that the Fed would raise interest rates by 75bp in September. Because the 8.1% inflation rate is still much higher than the 2% inflation target emphasized by Fed. Fed officials have been very hawkish in the past week. Traders are pricing in a 90% chance of a 75 b p rate hike at the September meeting, up from 57% a week earlier, according to CME Group's Fedwatch Tool.Wall Street looks unscrupulous. There is","listText":"The key economic data is the US CPI for August will be released tomorrow night.Economists surveyed by Bloomberg expected headline CPI to rise 8.1% over the prior year in August, a moderation from 8.5% increase seen in July, and falling by 0.1% month-on-month. The core CPI increase by 6.1% year-on-year in August, higher than 5.9% in July and 0.3% month-on-month.However, investors expected that the Fed would raise interest rates by 75bp in September. Because the 8.1% inflation rate is still much higher than the 2% inflation target emphasized by Fed. Fed officials have been very hawkish in the past week. Traders are pricing in a 90% chance of a 75 b p rate hike at the September meeting, up from 57% a week earlier, according to CME Group's Fedwatch Tool.Wall Street looks unscrupulous. There is","text":"The key economic data is the US CPI for August will be released tomorrow night.Economists surveyed by Bloomberg expected headline CPI to rise 8.1% over the prior year in August, a moderation from 8.5% increase seen in July, and falling by 0.1% month-on-month. The core CPI increase by 6.1% year-on-year in August, higher than 5.9% in July and 0.3% month-on-month.However, investors expected that the Fed would raise interest rates by 75bp in September. Because the 8.1% inflation rate is still much higher than the 2% inflation target emphasized by Fed. Fed officials have been very hawkish in the past week. Traders are pricing in a 90% chance of a 75 b p rate hike at the September meeting, up from 57% a week earlier, according to CME Group's Fedwatch Tool.Wall Street looks unscrupulous. There is","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":41,"commentSize":36,"repostSize":0,"link":"https://ttm.financial/post/9934902961","isVote":1,"tweetType":1,"viewCount":842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936681214,"gmtCreate":1662766869638,"gmtModify":1676537134770,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Investors awaited August's consumer prices (CPI) report on Tuesday for any signs that inflation may be easing. It is expected to show that prices rose at an 8.1% pace over the year in August, compared with 8.5% in July.Wells Fargo economists expect headline inflation to log its steepest monthly decline since the peak of the pandemic in April 2020, helped by a pullback in gas prices.All 11 major S&P sectors traded higher on Friday, with communication services, technology, energy and consumer discretionary leading the way.Hammered since the beginning of the year over concerns about higher interest rates, high-growth stocks rose in the week.Investors are jittery about the prospects of another outsized interest rate hike from the Federal Reserve. On Friday, Fed Governor Christopher Waller","listText":"Investors awaited August's consumer prices (CPI) report on Tuesday for any signs that inflation may be easing. It is expected to show that prices rose at an 8.1% pace over the year in August, compared with 8.5% in July.Wells Fargo economists expect headline inflation to log its steepest monthly decline since the peak of the pandemic in April 2020, helped by a pullback in gas prices.All 11 major S&P sectors traded higher on Friday, with communication services, technology, energy and consumer discretionary leading the way.Hammered since the beginning of the year over concerns about higher interest rates, high-growth stocks rose in the week.Investors are jittery about the prospects of another outsized interest rate hike from the Federal Reserve. On Friday, Fed Governor Christopher Waller","text":"Investors awaited August's consumer prices (CPI) report on Tuesday for any signs that inflation may be easing. It is expected to show that prices rose at an 8.1% pace over the year in August, compared with 8.5% in July.Wells Fargo economists expect headline inflation to log its steepest monthly decline since the peak of the pandemic in April 2020, helped by a pullback in gas prices.All 11 major S&P sectors traded higher on Friday, with communication services, technology, energy and consumer discretionary leading the way.Hammered since the beginning of the year over concerns about higher interest rates, high-growth stocks rose in the week.Investors are jittery about the prospects of another outsized interest rate hike from the Federal Reserve. On Friday, Fed Governor Christopher Waller","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":31,"commentSize":27,"repostSize":0,"link":"https://ttm.financial/post/9936681214","isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910728881,"gmtCreate":1663687259743,"gmtModify":1676537316121,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"StarbucksStarbucks is a global coffee chain with more than 34,000 stores around the world. The company reported an encouraging set of earnings for its fiscal 2022's third quarter, with net revenue up 9% year over year to a record $8.2 billion. Comparable-store sales were up 3% globally, with the U.S. registering a 9% increase, and active Starbucks reward members climbed 13% year over year in the U.S. to 27.4 million members.During its recent biennial Investor Day, Starbucks unveiled an ambitious three-year financial roadmap to deliver annual comparable store sales growth of 7% to 9%, revenue growth of 10% to 12%, and earnings-per-share (EPS) growth of 15% to 20%. Founder and interim CEO Howard Shultz also introduced incoming CEO Laxman Narasimhan, who will assume his new role on April 1 ne","listText":"StarbucksStarbucks is a global coffee chain with more than 34,000 stores around the world. The company reported an encouraging set of earnings for its fiscal 2022's third quarter, with net revenue up 9% year over year to a record $8.2 billion. Comparable-store sales were up 3% globally, with the U.S. registering a 9% increase, and active Starbucks reward members climbed 13% year over year in the U.S. to 27.4 million members.During its recent biennial Investor Day, Starbucks unveiled an ambitious three-year financial roadmap to deliver annual comparable store sales growth of 7% to 9%, revenue growth of 10% to 12%, and earnings-per-share (EPS) growth of 15% to 20%. Founder and interim CEO Howard Shultz also introduced incoming CEO Laxman Narasimhan, who will assume his new role on April 1 ne","text":"StarbucksStarbucks is a global coffee chain with more than 34,000 stores around the world. The company reported an encouraging set of earnings for its fiscal 2022's third quarter, with net revenue up 9% year over year to a record $8.2 billion. Comparable-store sales were up 3% globally, with the U.S. registering a 9% increase, and active Starbucks reward members climbed 13% year over year in the U.S. to 27.4 million members.During its recent biennial Investor Day, Starbucks unveiled an ambitious three-year financial roadmap to deliver annual comparable store sales growth of 7% to 9%, revenue growth of 10% to 12%, and earnings-per-share (EPS) growth of 15% to 20%. Founder and interim CEO Howard Shultz also introduced incoming CEO Laxman Narasimhan, who will assume his new role on April 1 ne","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":34,"commentSize":24,"repostSize":0,"link":"https://ttm.financial/post/9910728881","isVote":1,"tweetType":1,"viewCount":710,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919475410,"gmtCreate":1663855365530,"gmtModify":1676537350329,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Nvidia plans to launch several new chips that could improve its fortunes.Meta Platforms trades at a bargain price with a still-huge global user base for its social media platforms.Moderna hopes to market its COVID-19 vaccines in China and achieve success with its omicron boosters.Analysts remain very bullish about these former big winners.Down but not out. That old adage applies to many one-time high-flying growth stocks.Some stocks have taken it on the chin more than others. But some also could rebound more strongly, too. Here are three beaten-down stocks that could soar from 58% to 88%, according to Wall Street.1. Nvidia: New chips on the wayNvidia is a former rising star that's crashing and burning this year. Shares of the graphics chipmaker have plunged close to 55% so far in 2022. Mac","listText":"Nvidia plans to launch several new chips that could improve its fortunes.Meta Platforms trades at a bargain price with a still-huge global user base for its social media platforms.Moderna hopes to market its COVID-19 vaccines in China and achieve success with its omicron boosters.Analysts remain very bullish about these former big winners.Down but not out. That old adage applies to many one-time high-flying growth stocks.Some stocks have taken it on the chin more than others. But some also could rebound more strongly, too. Here are three beaten-down stocks that could soar from 58% to 88%, according to Wall Street.1. Nvidia: New chips on the wayNvidia is a former rising star that's crashing and burning this year. Shares of the graphics chipmaker have plunged close to 55% so far in 2022. Mac","text":"Nvidia plans to launch several new chips that could improve its fortunes.Meta Platforms trades at a bargain price with a still-huge global user base for its social media platforms.Moderna hopes to market its COVID-19 vaccines in China and achieve success with its omicron boosters.Analysts remain very bullish about these former big winners.Down but not out. That old adage applies to many one-time high-flying growth stocks.Some stocks have taken it on the chin more than others. But some also could rebound more strongly, too. Here are three beaten-down stocks that could soar from 58% to 88%, according to Wall Street.1. Nvidia: New chips on the wayNvidia is a former rising star that's crashing and burning this year. Shares of the graphics chipmaker have plunged close to 55% so far in 2022. Mac","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/9919475410","isVote":1,"tweetType":1,"viewCount":542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919820109,"gmtCreate":1663774046101,"gmtModify":1676537334033,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"For equity investors sunk in gloom, the interest rate rise expected from the Federal Reserve on Wednesday may actually yield some relief.US stock markets have been feeling the heat ahead of the Fed’s meeting, with the S&P 500 and the Nasdaq 100 Indexes falling 6.2% and 7% respectively over the past six days, on the outside chance Chairman Jerome Powell could adopt an even more hawkish stance to combat scorching inflation.Yet if history is any guide, markets may be due a bounce once the meeting is done and dusted.Over the past 18 months, the S&P 500 Index has risen after eight out of 10 Fed decisions. In the days following the Fed meetings in January, March and June, stocks rose between 6% and 9%, having dropped sharply in the run-up.“Expectations are very hawkish, and the Fed can c","listText":"For equity investors sunk in gloom, the interest rate rise expected from the Federal Reserve on Wednesday may actually yield some relief.US stock markets have been feeling the heat ahead of the Fed’s meeting, with the S&P 500 and the Nasdaq 100 Indexes falling 6.2% and 7% respectively over the past six days, on the outside chance Chairman Jerome Powell could adopt an even more hawkish stance to combat scorching inflation.Yet if history is any guide, markets may be due a bounce once the meeting is done and dusted.Over the past 18 months, the S&P 500 Index has risen after eight out of 10 Fed decisions. In the days following the Fed meetings in January, March and June, stocks rose between 6% and 9%, having dropped sharply in the run-up.“Expectations are very hawkish, and the Fed can c","text":"For equity investors sunk in gloom, the interest rate rise expected from the Federal Reserve on Wednesday may actually yield some relief.US stock markets have been feeling the heat ahead of the Fed’s meeting, with the S&P 500 and the Nasdaq 100 Indexes falling 6.2% and 7% respectively over the past six days, on the outside chance Chairman Jerome Powell could adopt an even more hawkish stance to combat scorching inflation.Yet if history is any guide, markets may be due a bounce once the meeting is done and dusted.Over the past 18 months, the S&P 500 Index has risen after eight out of 10 Fed decisions. In the days following the Fed meetings in January, March and June, stocks rose between 6% and 9%, having dropped sharply in the run-up.“Expectations are very hawkish, and the Fed can c","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":13,"repostSize":0,"link":"https://ttm.financial/post/9919820109","isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936146903,"gmtCreate":1662733461003,"gmtModify":1676537129564,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.Those gains put all three major averages on pace to snap","listText":"U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.Those gains put all three major averages on pace to snap","text":"U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.Those gains put all three major averages on pace to snap","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":13,"repostSize":0,"link":"https://ttm.financial/post/9936146903","isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932017319,"gmtCreate":1662855998531,"gmtModify":1676537149959,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Is crypto dead? Investors want to know as prices struggle to regain their footing after the big crash.This is a loaded question depending on the type of crypto investor you are, however.Crypto will not likely return to its 2021 peak, but that doesn't mean the asset class is doomed.This year’s crypto market crash was the worst in the short history of the asset class. That much is true, simply given how many more people were affected in the wake of it as opposed to previous crypto crashes. But is crypto dead as a result? The answer is a bit loaded. What is certain, though, is that a fundamental change will be occurring in the crypto market for years to come.","listText":"Is crypto dead? Investors want to know as prices struggle to regain their footing after the big crash.This is a loaded question depending on the type of crypto investor you are, however.Crypto will not likely return to its 2021 peak, but that doesn't mean the asset class is doomed.This year’s crypto market crash was the worst in the short history of the asset class. That much is true, simply given how many more people were affected in the wake of it as opposed to previous crypto crashes. But is crypto dead as a result? The answer is a bit loaded. What is certain, though, is that a fundamental change will be occurring in the crypto market for years to come.","text":"Is crypto dead? Investors want to know as prices struggle to regain their footing after the big crash.This is a loaded question depending on the type of crypto investor you are, however.Crypto will not likely return to its 2021 peak, but that doesn't mean the asset class is doomed.This year’s crypto market crash was the worst in the short history of the asset class. That much is true, simply given how many more people were affected in the wake of it as opposed to previous crypto crashes. But is crypto dead as a result? The answer is a bit loaded. What is certain, though, is that a fundamental change will be occurring in the crypto market for years to come.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/9932017319","isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919431564,"gmtCreate":1663838451358,"gmtModify":1676537347261,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Nvidia plans to launch several new chips that could improve its fortunes.Meta Platforms trades at a bargain price with a still-huge global user base for its social media platforms.Moderna hopes to market its COVID-19 vaccines in China and achieve success with its omicron boosters.Analysts remain very bullish about these former big winners.Down but not out. That old adage applies to many one-time high-flying growth stocks.Some stocks have taken it on the chin more than others. But some also could rebound more strongly, too. Here are three beaten-down stocks that could soar from 58% to 88%, according to Wall Street.1. Nvidia: New chips on the wayNvidia is a former rising star that's crashing and burning this year. Shares of the graphics chipmaker have plunged close to 55% so far in 2022. Mac","listText":"Nvidia plans to launch several new chips that could improve its fortunes.Meta Platforms trades at a bargain price with a still-huge global user base for its social media platforms.Moderna hopes to market its COVID-19 vaccines in China and achieve success with its omicron boosters.Analysts remain very bullish about these former big winners.Down but not out. That old adage applies to many one-time high-flying growth stocks.Some stocks have taken it on the chin more than others. But some also could rebound more strongly, too. Here are three beaten-down stocks that could soar from 58% to 88%, according to Wall Street.1. Nvidia: New chips on the wayNvidia is a former rising star that's crashing and burning this year. Shares of the graphics chipmaker have plunged close to 55% so far in 2022. Mac","text":"Nvidia plans to launch several new chips that could improve its fortunes.Meta Platforms trades at a bargain price with a still-huge global user base for its social media platforms.Moderna hopes to market its COVID-19 vaccines in China and achieve success with its omicron boosters.Analysts remain very bullish about these former big winners.Down but not out. That old adage applies to many one-time high-flying growth stocks.Some stocks have taken it on the chin more than others. But some also could rebound more strongly, too. Here are three beaten-down stocks that could soar from 58% to 88%, according to Wall Street.1. Nvidia: New chips on the wayNvidia is a former rising star that's crashing and burning this year. Shares of the graphics chipmaker have plunged close to 55% so far in 2022. Mac","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/9919431564","isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936683542,"gmtCreate":1662766822586,"gmtModify":1676537134746,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9936683542","repostId":"2266310802","repostType":4,"repost":{"id":"2266310802","pubTimestamp":1662764647,"share":"https://ttm.financial/m/news/2266310802?lang=&edition=fundamental","pubTime":"2022-09-10 07:04","market":"us","language":"en","title":"US STOCKS-Wall Street Scores First Weekly Gain since Mid-August","url":"https://stock-news.laohu8.com/highlight/detail?id=2266310802","media":"Reuters","summary":"* Dow up 1.19%, S&P 500 up 1.53%, Nasdaq up 2.11%* Focus on U.S. inflation data next week* Kroger ri","content":"<html><head></head><body><p>* Dow up 1.19%, S&P 500 up 1.53%, Nasdaq up 2.11%</p><p>* Focus on U.S. inflation data next week</p><p>* Kroger rises on higher forecast</p><p>* Analysts attribute rise to oversold condition</p><p>U.S. stocks rallied on Friday, with the major indexes recording their first weekly gain in four weeks as investors went on a buying spree, shrugging off concerns about the economic outlook.</p><p>The gains followed a sharp sell-off that began in mid-August, triggered by concerns about the impact of tighter monetary policies and signs of an economic slowdown in Europe and China.</p><p>Analysts said this week's market recovery was more related to previous overselling as uncertainty remained high about inflation and the Federal Reserve's aggressiveness in interest rate hikes.</p><p>"It's not surprising we get a little bit of a bounce like we're getting here, as a lot of this is technical," said Jack Janasiewicz, lead portfolio strategist and portfolio manager at Natixis Investment Managers Solutions.</p><p>"I wouldn't be shocked if we started the week off with a little bit more strength and then we sort of settle down and give back a little bit as we get ready for the CPI," he added, looking ahead to next week.</p><p>Investors awaited August's consumer prices (CPI) report on Tuesday for any signs that inflation may be easing. It is expected to show that prices rose at an 8.1% pace over the year in August, compared with 8.5% in July.</p><p>Wells Fargo economists expect headline inflation to log its steepest monthly decline since the peak of the pandemic in April 2020, helped by a pullback in gas prices.</p><p>All 11 major S&P sectors traded higher on Friday, with communication services, technology, energy and consumer discretionary leading the way.</p><p>Hammered since the beginning of the year over concerns about higher interest rates, high-growth stocks rose in the week.</p><p>Investors are jittery about the prospects of another outsized interest rate hike from the Federal Reserve. On Friday, Fed Governor Christopher Waller said the Fed should be aggressive with rate hikes while the economy "can take a punch," while Kansas City Fed President Esther George said taming inflation could be a tough task.</p><p>Both remarks come after Fed Chair Jerome Powell said on Thursday that the U.S. central bank is "strongly committed" to controlling inflation.</p><p>Traders are pricing in a 90% chance of a 75 basis point rate hike at the next meeting, up from 57% a week earlier, according to CME Group's Fedwatch Tool https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html?redirect=/trading/interest-rates/fed-funds.html.</p><p>The CBOE volatility index, a gauge of investor anxiety, closed to a two-week low of 22.79 but stayed above its long-term average of about 20.</p><p>The Dow Jones Industrial Average rose 377.19 points, or 1.19%, to 32,151.71, the S&P 500 gained 61.18 points, or 1.53%, to 4,067.36 and the Nasdaq Composite added 250.18 points, or 2.11%, to 12,112.31.</p><p>For the week, the Dow advanced 2.7%, the S&P 500 climbed 3.6% and the Nasdaq gained 4.1%.</p><p>U.S. equity funds recorded outflows of $11.5 billion in the week to Wednesday, their largest outflow in 11 weeks, Bank of America Merrill said on Friday.</p><p>Volume on U.S. exchanges was 9.91 billion shares, compared with the 10.24 billion average for the full session over the last 20 trading days.</p><p>Kroger Co jumped 7.4% after the grocer raised its annual forecast.</p><p>Shares of Tapestry Inc rose 2.7% after the luxury handbag maker said it expects revenue of $8 billion by fiscal year 2025.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 5.14-to-1 ratio; on Nasdaq, a 2.58-to-1 ratio favored advancers.</p><p>The S&P 500 posted seven new 52-week highs and no new lows; the Nasdaq Composite recorded 47 new highs and 63 new lows.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Scores First Weekly Gain since Mid-August</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Scores First Weekly Gain since Mid-August\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-10 07:04 GMT+8 <a href=https://finance.yahoo.com/news/us-stocks-wall-street-scores-203410089.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>* Dow up 1.19%, S&P 500 up 1.53%, Nasdaq up 2.11%* Focus on U.S. inflation data next week* Kroger rises on higher forecast* Analysts attribute rise to oversold conditionU.S. stocks rallied on Friday, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-scores-203410089.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-scores-203410089.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2266310802","content_text":"* Dow up 1.19%, S&P 500 up 1.53%, Nasdaq up 2.11%* Focus on U.S. inflation data next week* Kroger rises on higher forecast* Analysts attribute rise to oversold conditionU.S. stocks rallied on Friday, with the major indexes recording their first weekly gain in four weeks as investors went on a buying spree, shrugging off concerns about the economic outlook.The gains followed a sharp sell-off that began in mid-August, triggered by concerns about the impact of tighter monetary policies and signs of an economic slowdown in Europe and China.Analysts said this week's market recovery was more related to previous overselling as uncertainty remained high about inflation and the Federal Reserve's aggressiveness in interest rate hikes.\"It's not surprising we get a little bit of a bounce like we're getting here, as a lot of this is technical,\" said Jack Janasiewicz, lead portfolio strategist and portfolio manager at Natixis Investment Managers Solutions.\"I wouldn't be shocked if we started the week off with a little bit more strength and then we sort of settle down and give back a little bit as we get ready for the CPI,\" he added, looking ahead to next week.Investors awaited August's consumer prices (CPI) report on Tuesday for any signs that inflation may be easing. It is expected to show that prices rose at an 8.1% pace over the year in August, compared with 8.5% in July.Wells Fargo economists expect headline inflation to log its steepest monthly decline since the peak of the pandemic in April 2020, helped by a pullback in gas prices.All 11 major S&P sectors traded higher on Friday, with communication services, technology, energy and consumer discretionary leading the way.Hammered since the beginning of the year over concerns about higher interest rates, high-growth stocks rose in the week.Investors are jittery about the prospects of another outsized interest rate hike from the Federal Reserve. On Friday, Fed Governor Christopher Waller said the Fed should be aggressive with rate hikes while the economy \"can take a punch,\" while Kansas City Fed President Esther George said taming inflation could be a tough task.Both remarks come after Fed Chair Jerome Powell said on Thursday that the U.S. central bank is \"strongly committed\" to controlling inflation.Traders are pricing in a 90% chance of a 75 basis point rate hike at the next meeting, up from 57% a week earlier, according to CME Group's Fedwatch Tool https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html?redirect=/trading/interest-rates/fed-funds.html.The CBOE volatility index, a gauge of investor anxiety, closed to a two-week low of 22.79 but stayed above its long-term average of about 20.The Dow Jones Industrial Average rose 377.19 points, or 1.19%, to 32,151.71, the S&P 500 gained 61.18 points, or 1.53%, to 4,067.36 and the Nasdaq Composite added 250.18 points, or 2.11%, to 12,112.31.For the week, the Dow advanced 2.7%, the S&P 500 climbed 3.6% and the Nasdaq gained 4.1%.U.S. equity funds recorded outflows of $11.5 billion in the week to Wednesday, their largest outflow in 11 weeks, Bank of America Merrill said on Friday.Volume on U.S. exchanges was 9.91 billion shares, compared with the 10.24 billion average for the full session over the last 20 trading days.Kroger Co jumped 7.4% after the grocer raised its annual forecast.Shares of Tapestry Inc rose 2.7% after the luxury handbag maker said it expects revenue of $8 billion by fiscal year 2025.Advancing issues outnumbered declining ones on the NYSE by a 5.14-to-1 ratio; on Nasdaq, a 2.58-to-1 ratio favored advancers.The S&P 500 posted seven new 52-week highs and no new lows; the Nasdaq Composite recorded 47 new highs and 63 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937764886,"gmtCreate":1663509298445,"gmtModify":1676537281085,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9937764886","repostId":"1129633132","repostType":4,"repost":{"id":"1129633132","pubTimestamp":1663378125,"share":"https://ttm.financial/m/news/1129633132?lang=&edition=fundamental","pubTime":"2022-09-17 09:28","market":"us","language":"en","title":"Nvidia: Ethereum Merge Unleashes A Tsunami Of Used Graphics Cards","url":"https://stock-news.laohu8.com/highlight/detail?id=1129633132","media":"Seeking Alpha","summary":"SummaryEthereum completes its transition to proof-of-stake, ending lucrative and energy-consuming “m","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Ethereum completes its transition to proof-of-stake, ending lucrative and energy-consuming “mining”.</li><li>Correcting the Ethereum hash rate model to account for used graphics card sales accounts for Nvidia’s fiscal Q2 results.</li><li>The impact of the Merge on Nvidia’s sales will be, at best, ugly.</li><li>How will the Merge affect Nvidia’s expected RTX 40 series launch?</li><li>Investor takeaways: Will Nvidia need to restate guidance for this quarter?</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f531f7b392a181968ec72c4a8f89f8e\" tg-width=\"1080\" tg-height=\"613\" referrerpolicy=\"no-referrer\"/><span>vzphotos/iStock Editorial via Getty Images</span></p><p>The Ethereum Foundation, which manages the Ether cryptocurrency, has announced completion of what it calls the Merge, whereby validation of new blocks of transactions no longer takes place by "mining". The millions of high-end graphics cards that are used for this will no longer beneeded for the new "proof-of-stake" approach, so that most of these will likely find their way into the used card market. This will depress demand for new graphics cards just when Nvidia (NASDAQ:NVDA) is set to announce its next-generation GeForce 40 series.</p><p><b>Ethereum completes its transition to proof-of-stake, ending lucrative and energy consuming "mining"</b></p><p>The transition of Ethereum to proof-of-stake was called the Merge because it involved combining the parallel block chain that was already using proof-of-stake experimentally with the main block chain that was using traditional mining, called proof-of-work. This is shown below in this diagram from the Ethereum Foundation:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4872c823bfeb3e06182d2d3f6ab87879\" tg-width=\"640\" tg-height=\"574\" referrerpolicy=\"no-referrer\"/><span>Ethereum.org</span></p><p>Mining was really just transaction processing, in which a number of Ethereum transactions would be bundled into a block and encrypted. But the encryption process was made artificially difficult, requiring millions of high end graphics cards in the mining pool to process a block in a reasonable period of time.</p><p>In the new proof-of-stake approach, the artificial difficulty is removed, so that hardware requirements can be met by almost any computer, ending the need for graphics card processing and the attendant energy consumption. Ethereum claims this will reduce energy consumption by 99.95%.</p><p>Some miners may go to work on a "hard fork" of Ethereum, in effect, a secession of the currency into a new one called EthereumPOW. This currency will continue to use proof-of-work, but it's unclear whether mining this will be profitable.</p><p>Probably, the vast majority of cards will go on the used card market and be sold on venues such as eBay.</p><p><b>Correcting the Ethereum hash rate model to account for used graphics card sales</b></p><p>Following Nvidia's revised guidance for its fiscal 2023 Q2, I realized that I needed to revise my model of Ethereum-related sales of graphics cards. I had published an article detailing the model in July.</p><p>The problem with the model was that it only accounted for sales into the Ethereum mining pool when the pool was adding capacity, i.e., adding new cards to the pool. It worked fine as long as the pool was still growing.</p><p>However, starting in mid-May, the Ethereum mining pool hash rate, a measure of mining capacity, started to decline, as shown in the following chart from BitInfoCharts:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe36f2d53f47c0d7e5cdf964d09c67fa\" tg-width=\"640\" tg-height=\"408\" referrerpolicy=\"no-referrer\"/><span>BinInfoCharts</span></p><p>This implied that a substantial number of graphics cards were being removed from the pool. If I assumed that these cards were comparable to current generation Nvidia and AMD (AMD) cards, then it was reasonable to assume that every used card sold was a lost new card sale.</p><p>This turned out to account very well for Nvidia's fiscal Q2 results, if we assume that a normal quarterly revenue in Nvidia's Gaming segment is about $2.5 billion. During the Fiscal Q2 conference call, Nvidia specifically claimed that this would be their normal average Gaming segment revenue without crypto. In my spreadsheet calculations, it was easy to calculate the used card effect simply by allowing the change in mining pool cards to go negative, with a negative net revenue for the cards:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8223bcd7d3f44c30f5c60970c616fe0f\" tg-width=\"640\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>Mark Hibben</span></p><p>Note that the revenue impact doesn't only fall on Nvidia, but the timing of Nvidia's fiscal Q2 lined up better with the fall in Ethereum mining capacity and likely release of cards into the used card market. AMD will likely feel the impact in its Q3 results.</p><p><b>The impact of the Merge on Nvidia's sales will be, at best, ugly</b></p><p>The model provides a means of anticipating what happens when the Ethereum hash rate effectively goes to zero, post Merge. And it's not pretty. In an article on August 21, I gave my subscribers a heads-up concerning the impact of the Merge, and I further revised my model results on September 11.</p><p>If we assume that the entire mining pool consists of newer graphics cards released since September 2020 (RTX 30 series for Nvidia), then Nvidia's RTX 30 series sales for Q3 are completely wiped out, as shown in the spreadsheet calculations extended to Q3:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c00465fed542c67659f55786fcdf366b\" tg-width=\"640\" tg-height=\"358\" referrerpolicy=\"no-referrer\"/><span>Mark Hibben</span></p><p>The model deducts the hash rate contribution due to Nvidia Crypto Mining Processors (CMP). These cannot be sold into the used graphics cards market, since they lack display outputs.</p><p>This amounts to assuming that all of the cards used in mining before September 2020 (about when the RTX 30 series launched) were replaced with newer cards. This probably isn't absolutely correct, and the mining pool has consisted of a mixture of older and newer cards.</p><p>As a lower bound, we can assume that none of the older cards were replaced. These cards would not impact new card sales, since they aren't comparable to current generation cards. The model can deduct these cards from the calculated revenue impact by simply deducting the pre-September 2020 hash rate of 228.2361 terahash/sec (THASH) for the mining pool:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ac0a909d1edae7870adea14e3f987d28\" tg-width=\"640\" tg-height=\"351\" referrerpolicy=\"no-referrer\"/><span>Mark Hibben</span></p><p>So the lost revenue impact for Nvidia looks to be in the range of $2-3 billion, and it probably won't fall all in Q3 but be distributed over several quarters. The effect of the Merge is to effectively zero out Nvidia's crypto revenue over time. The revenue made during Ethereum's mining pool expansion is negated by lost revenue post Merge, with the exception of CMP revenue and revenue from older graphics cards that might still have been in the pool at the time of the Merge.</p><p><b>How will the Merge affect Nvidia's expected RTX 40 series launch?</b></p><p>Nvidia has been expected to announce its GeForce RTX 40 series cards for some time, and Nvidia posted this announcement on its website:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c5990337b62c49447e21da39a199e14\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/><span>Nvidia</span></p><p>Various tech pundits are claiming that this is the worst time for Nvidia to launch a new generation of gaming graphics cards. One important feature expected of the RTX 40 series is support for PCIE 5.0. This could be important in reducing the impact of the Ethereum Merge.</p><p>The current generation of Nvidia and AMD cards only support PCIE 4.0, the prevailing standard at the time of their introduction in late 2020. PCIE 5.0 will double the communication bandwidth compared to 4.0. It's not clear how critical that will be to gaming performance, but it should eliminate PCIE as a bottleneck, if it ever was.</p><p>Just as important, new generation CPUs will have to support PCIE 5.0, since the GPU is typically linked directly to the CPU through a built in PCIE 16 lane (x16) interface. This is the preferred architecture for maximum gaming performance, and all modern CPUs provide at least 16 lanes of PCIE for this purpose.</p><p>Intel (INTC) already supports PCIE 5.0 in its latest Alder Lake 12th generation Core series of desktop CPUs. Since Alder Lake launched early this year, there have been no PCIE 5.0 graphics cards to take advantage of the interface, but the current installed base of Alder Lake systems represents a waiting market for the new PCIE 5.0 cards.</p><p>Unfortunately, I don't have an estimate of Alder Lake sales, so I have no idea what the size of that market might be. Current generation AMD Ryzen 5000 series desktop CPUs only offer PCIE 4.0, but the Ryzen 7000 series has been announced with support for PCIE 5.0, with a launch expected in October. AMD's next-generation GPUs have only been "teased" but are expected to support PCIE 5.0 as well.</p><p>The performance desktop market (mostly gamers) is moving rapidly to PCIE 5.0, and Nvidia will have, at least for a few months, the only graphics cards that support it. Gamers tend to be early adopters and favor the highest performance technology.</p><p>Since<i>none</i>of the used cards released from the Merge will support PCIE 5.0, this may serve to somewhat isolate the RTX 40 series launch from the impact of the Merge. How much isolation is still unclear.</p><p>Most of the current population of gaming systems will only support PCIE 4.0, so this part of the market would probably not buy RTX 40 series in any case. Most 40 series sales will go into new system builds.</p><p>Certainly, the impact of the Merge will be to weaken sales of the RTX 40 series at launch. However, overall sales in the Gaming segment will probably benefit from the launch. The 40 series launch will give the segment a revenue stream it would not have had otherwise.</p><p><b>Investor takeaways: will Nvidia need to restate guidance for this quarter?</b></p><p>Nvidia guided to revenue of $5.9 billion for fiscal Q3 during the Q2 conference call, and this implies revenue in the gaming segment of about $1 billion. Did Nvidia account for the Merge in their guidance?</p><p>When asked specifically about the impact of the Merge, Nvidia management had no comment, and professed an inability to account for the crypto impact. The guidance was claimed to be due to a retail channel inventory glut.</p><p>If Nvidia really wasn't accounting for the Merge, then almost certainly it will need to restate guidance for Q3. Probably, the RTX 40 series launch will not be enough to provide the roughly $1 billion in Gaming segment revenue.</p><p>In my Nvidia integrated financial model, I'm assuming a $3 billion hit due to the Merge and another $1 billion due to inventory correction. In the model, this is distributed over the next four quarters from fiscal 2023 Q3 to fiscal 2024 Q2, with Gaming segment sales only starting to recover in fiscal 2024 Q3.</p><p>Despite this, I'm still modeling growth in the all-important Data Center segment. Nvidia's next-generation data center accelerator, the Hopper H100, is testing out to be very impressive and is in production now with deliveries expected by the end of the calendar year.</p><p>Hopper should ensure continued growth in the Data Center segment, and the advent of Grace, Nvidia's ARM architecture CPU for the data center, should further enhance growth. Data Center growth largely compensates for revenue declines expected in Gaming for this year and next, according to the model:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8026f845d3af92219bdc2bb1bc67be19\" tg-width=\"640\" tg-height=\"458\" referrerpolicy=\"no-referrer\"/><span>Mark Hibben</span></p><p>According to my long-term Discounted Cash Flow model, Nvidia has a fair value of $192. I consider Nvidia's future to be very bright, despite the impact of crypto in the near term.</p><p>Currently, I have Nvidia rated at Hold, and Nvidia has been a relatively small part of the Rethink Technology portfolio since selling most of my Nvidia shares (at a substantial profit) in April. I'm pretty close to upgrading Nvidia to Buy, but I'm waiting to see if the Merge (and possible guidance restatement) will drive Nvidia's price even lower.</p><p>Also, I'm waiting to see what Nvidia has to offer in its new 40 series on September 20. Nvidia has consistently set the performance bar in the desktop graphics card market. Most likely, Nvidia is already undervalued.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia: Ethereum Merge Unleashes A Tsunami Of Used Graphics Cards</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia: Ethereum Merge Unleashes A Tsunami Of Used Graphics Cards\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-17 09:28 GMT+8 <a href=https://seekingalpha.com/article/4541459-nvidia-ethereum-merge-unleashes-tsunami-of-used-graphics-cards?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3AAnalysis%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryEthereum completes its transition to proof-of-stake, ending lucrative and energy-consuming “mining”.Correcting the Ethereum hash rate model to account for used graphics card sales accounts for ...</p>\n\n<a href=\"https://seekingalpha.com/article/4541459-nvidia-ethereum-merge-unleashes-tsunami-of-used-graphics-cards?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3AAnalysis%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4541459-nvidia-ethereum-merge-unleashes-tsunami-of-used-graphics-cards?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3AAnalysis%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129633132","content_text":"SummaryEthereum completes its transition to proof-of-stake, ending lucrative and energy-consuming “mining”.Correcting the Ethereum hash rate model to account for used graphics card sales accounts for Nvidia’s fiscal Q2 results.The impact of the Merge on Nvidia’s sales will be, at best, ugly.How will the Merge affect Nvidia’s expected RTX 40 series launch?Investor takeaways: Will Nvidia need to restate guidance for this quarter?vzphotos/iStock Editorial via Getty ImagesThe Ethereum Foundation, which manages the Ether cryptocurrency, has announced completion of what it calls the Merge, whereby validation of new blocks of transactions no longer takes place by \"mining\". The millions of high-end graphics cards that are used for this will no longer beneeded for the new \"proof-of-stake\" approach, so that most of these will likely find their way into the used card market. This will depress demand for new graphics cards just when Nvidia (NASDAQ:NVDA) is set to announce its next-generation GeForce 40 series.Ethereum completes its transition to proof-of-stake, ending lucrative and energy consuming \"mining\"The transition of Ethereum to proof-of-stake was called the Merge because it involved combining the parallel block chain that was already using proof-of-stake experimentally with the main block chain that was using traditional mining, called proof-of-work. This is shown below in this diagram from the Ethereum Foundation:Ethereum.orgMining was really just transaction processing, in which a number of Ethereum transactions would be bundled into a block and encrypted. But the encryption process was made artificially difficult, requiring millions of high end graphics cards in the mining pool to process a block in a reasonable period of time.In the new proof-of-stake approach, the artificial difficulty is removed, so that hardware requirements can be met by almost any computer, ending the need for graphics card processing and the attendant energy consumption. Ethereum claims this will reduce energy consumption by 99.95%.Some miners may go to work on a \"hard fork\" of Ethereum, in effect, a secession of the currency into a new one called EthereumPOW. This currency will continue to use proof-of-work, but it's unclear whether mining this will be profitable.Probably, the vast majority of cards will go on the used card market and be sold on venues such as eBay.Correcting the Ethereum hash rate model to account for used graphics card salesFollowing Nvidia's revised guidance for its fiscal 2023 Q2, I realized that I needed to revise my model of Ethereum-related sales of graphics cards. I had published an article detailing the model in July.The problem with the model was that it only accounted for sales into the Ethereum mining pool when the pool was adding capacity, i.e., adding new cards to the pool. It worked fine as long as the pool was still growing.However, starting in mid-May, the Ethereum mining pool hash rate, a measure of mining capacity, started to decline, as shown in the following chart from BitInfoCharts:BinInfoChartsThis implied that a substantial number of graphics cards were being removed from the pool. If I assumed that these cards were comparable to current generation Nvidia and AMD (AMD) cards, then it was reasonable to assume that every used card sold was a lost new card sale.This turned out to account very well for Nvidia's fiscal Q2 results, if we assume that a normal quarterly revenue in Nvidia's Gaming segment is about $2.5 billion. During the Fiscal Q2 conference call, Nvidia specifically claimed that this would be their normal average Gaming segment revenue without crypto. In my spreadsheet calculations, it was easy to calculate the used card effect simply by allowing the change in mining pool cards to go negative, with a negative net revenue for the cards:Mark HibbenNote that the revenue impact doesn't only fall on Nvidia, but the timing of Nvidia's fiscal Q2 lined up better with the fall in Ethereum mining capacity and likely release of cards into the used card market. AMD will likely feel the impact in its Q3 results.The impact of the Merge on Nvidia's sales will be, at best, uglyThe model provides a means of anticipating what happens when the Ethereum hash rate effectively goes to zero, post Merge. And it's not pretty. In an article on August 21, I gave my subscribers a heads-up concerning the impact of the Merge, and I further revised my model results on September 11.If we assume that the entire mining pool consists of newer graphics cards released since September 2020 (RTX 30 series for Nvidia), then Nvidia's RTX 30 series sales for Q3 are completely wiped out, as shown in the spreadsheet calculations extended to Q3:Mark HibbenThe model deducts the hash rate contribution due to Nvidia Crypto Mining Processors (CMP). These cannot be sold into the used graphics cards market, since they lack display outputs.This amounts to assuming that all of the cards used in mining before September 2020 (about when the RTX 30 series launched) were replaced with newer cards. This probably isn't absolutely correct, and the mining pool has consisted of a mixture of older and newer cards.As a lower bound, we can assume that none of the older cards were replaced. These cards would not impact new card sales, since they aren't comparable to current generation cards. The model can deduct these cards from the calculated revenue impact by simply deducting the pre-September 2020 hash rate of 228.2361 terahash/sec (THASH) for the mining pool:Mark HibbenSo the lost revenue impact for Nvidia looks to be in the range of $2-3 billion, and it probably won't fall all in Q3 but be distributed over several quarters. The effect of the Merge is to effectively zero out Nvidia's crypto revenue over time. The revenue made during Ethereum's mining pool expansion is negated by lost revenue post Merge, with the exception of CMP revenue and revenue from older graphics cards that might still have been in the pool at the time of the Merge.How will the Merge affect Nvidia's expected RTX 40 series launch?Nvidia has been expected to announce its GeForce RTX 40 series cards for some time, and Nvidia posted this announcement on its website:NvidiaVarious tech pundits are claiming that this is the worst time for Nvidia to launch a new generation of gaming graphics cards. One important feature expected of the RTX 40 series is support for PCIE 5.0. This could be important in reducing the impact of the Ethereum Merge.The current generation of Nvidia and AMD cards only support PCIE 4.0, the prevailing standard at the time of their introduction in late 2020. PCIE 5.0 will double the communication bandwidth compared to 4.0. It's not clear how critical that will be to gaming performance, but it should eliminate PCIE as a bottleneck, if it ever was.Just as important, new generation CPUs will have to support PCIE 5.0, since the GPU is typically linked directly to the CPU through a built in PCIE 16 lane (x16) interface. This is the preferred architecture for maximum gaming performance, and all modern CPUs provide at least 16 lanes of PCIE for this purpose.Intel (INTC) already supports PCIE 5.0 in its latest Alder Lake 12th generation Core series of desktop CPUs. Since Alder Lake launched early this year, there have been no PCIE 5.0 graphics cards to take advantage of the interface, but the current installed base of Alder Lake systems represents a waiting market for the new PCIE 5.0 cards.Unfortunately, I don't have an estimate of Alder Lake sales, so I have no idea what the size of that market might be. Current generation AMD Ryzen 5000 series desktop CPUs only offer PCIE 4.0, but the Ryzen 7000 series has been announced with support for PCIE 5.0, with a launch expected in October. AMD's next-generation GPUs have only been \"teased\" but are expected to support PCIE 5.0 as well.The performance desktop market (mostly gamers) is moving rapidly to PCIE 5.0, and Nvidia will have, at least for a few months, the only graphics cards that support it. Gamers tend to be early adopters and favor the highest performance technology.Sincenoneof the used cards released from the Merge will support PCIE 5.0, this may serve to somewhat isolate the RTX 40 series launch from the impact of the Merge. How much isolation is still unclear.Most of the current population of gaming systems will only support PCIE 4.0, so this part of the market would probably not buy RTX 40 series in any case. Most 40 series sales will go into new system builds.Certainly, the impact of the Merge will be to weaken sales of the RTX 40 series at launch. However, overall sales in the Gaming segment will probably benefit from the launch. The 40 series launch will give the segment a revenue stream it would not have had otherwise.Investor takeaways: will Nvidia need to restate guidance for this quarter?Nvidia guided to revenue of $5.9 billion for fiscal Q3 during the Q2 conference call, and this implies revenue in the gaming segment of about $1 billion. Did Nvidia account for the Merge in their guidance?When asked specifically about the impact of the Merge, Nvidia management had no comment, and professed an inability to account for the crypto impact. The guidance was claimed to be due to a retail channel inventory glut.If Nvidia really wasn't accounting for the Merge, then almost certainly it will need to restate guidance for Q3. Probably, the RTX 40 series launch will not be enough to provide the roughly $1 billion in Gaming segment revenue.In my Nvidia integrated financial model, I'm assuming a $3 billion hit due to the Merge and another $1 billion due to inventory correction. In the model, this is distributed over the next four quarters from fiscal 2023 Q3 to fiscal 2024 Q2, with Gaming segment sales only starting to recover in fiscal 2024 Q3.Despite this, I'm still modeling growth in the all-important Data Center segment. Nvidia's next-generation data center accelerator, the Hopper H100, is testing out to be very impressive and is in production now with deliveries expected by the end of the calendar year.Hopper should ensure continued growth in the Data Center segment, and the advent of Grace, Nvidia's ARM architecture CPU for the data center, should further enhance growth. Data Center growth largely compensates for revenue declines expected in Gaming for this year and next, according to the model:Mark HibbenAccording to my long-term Discounted Cash Flow model, Nvidia has a fair value of $192. I consider Nvidia's future to be very bright, despite the impact of crypto in the near term.Currently, I have Nvidia rated at Hold, and Nvidia has been a relatively small part of the Rethink Technology portfolio since selling most of my Nvidia shares (at a substantial profit) in April. I'm pretty close to upgrading Nvidia to Buy, but I'm waiting to see if the Merge (and possible guidance restatement) will drive Nvidia's price even lower.Also, I'm waiting to see what Nvidia has to offer in its new 40 series on September 20. Nvidia has consistently set the performance bar in the desktop graphics card market. Most likely, Nvidia is already undervalued.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935190806,"gmtCreate":1663039912705,"gmtModify":1676537189702,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9935190806","repostId":"2266325053","repostType":4,"repost":{"id":"2266325053","pubTimestamp":1663035105,"share":"https://ttm.financial/m/news/2266325053?lang=&edition=fundamental","pubTime":"2022-09-13 10:11","market":"us","language":"en","title":"4 Growth Stocks to Buy and Hold Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2266325053","media":"Motley Fool","summary":"Buying when these stocks are low could be the investment move of a lifetime.","content":"<html><head></head><body><p>Who doesn't love a great growth stock? Consider what a $10,000 investment made in <b>Tesla</b> 10 years ago would be worth today: a cool $1.62 million.</p><p>It's this potential for explosive returns that leads many to include growth stocks in a balanced portfolio. Because you never know which one might turn out to be the next Tesla.</p><p>So let's look at a few stocks with serious potential: Perhaps not the potential to match Tesla's insane 16,000% return over 10 years but still stocks worth owning nonetheless.</p><h2>1. <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></h2><p>When it comes to growth stocks worth owning and holding forever, <a href=\"https://laohu8.com/S/MSFT\">Microsoft </a> is near the top of my list. The software giant has diversified in recent years, building a thriving cloud services business, expanding its gaming division, and buying business-networking site LinkedIn.</p><p>The company has an astounding 46% return on equity, operating margins of 42%, and nearly $200 billion in revenue over the last 12 months. Those impressive figures more than justify its price-to-earnings (P/E) ratio of 27.4, which is a good deal higher than the <b>S&P 500</b> average of 20.5.</p><p>Microsoft has long earned a premium from the market -- its five-year average P/E is over 35. Smart investors might use the recent market swoon as an opportunity to load up on one of the world's premier companies -- before its valuation bounces higher.</p><h2>2. <a href=\"https://laohu8.com/S/SPOT\">Spotify</a></h2><p>After years of decline, music industry revenue has surged to its highest level in more than 20 years. The reason? Music streaming companies like <b>Spotify</b>.</p><p><img src=\"https://static.tigerbbs.com/cfba0c37d379e16f6fcabe26efcf82f4\" tg-width=\"1200\" tg-height=\"1200\" referrerpolicy=\"no-referrer\"/></p><p>While physical and digital music sales have continued to wane, audio streaming has exploded over the last seven years and now accounts for over $15 billion of music industry revenue. Moreover, Spotify isn't satisfied with just delivering great music to its users. The company has invested in podcasts and audiobooks, landing exclusive deals with celebrities as varied as Joe Rogan and Meghan Markle.</p><p>Operationally, the company is firing on all cylinders. In its most recent quarterly report, Spotify announced a 19% year-over-year increase in daily average users (DAUs) to 433 million and a 14% jump in paid subscribers to 188 million. The company is expanding its international user base, and it specifically called out blistering growth among Gen Z users in Latin America. Just as video streaming disrupted traditional TV and movies, streaming has done the same to audio. Smart investors should take note and load up on Spotify shares now.</p><h2>3. <a href=\"https://laohu8.com/S/RBLX\">Roblox</a></h2><p>My third recommendation is <a href=\"https://laohu8.com/S/RBLX\">Roblox</a>. As I've noted before, owning Roblox is one way for investors to participate in the growth of Web3. As the internet continues to evolve, more and more individuals will start to own virtual assets: digital currencies, non-fungible tokens, and many other forms of property.</p><p>Roblox, as the operator of an online metaverse-style gaming network, has a first-mover advantage when it comes to Web3. It has some 58.5 million DAUs. In July alone, its users spent more than 4.7 billion hours exploring its platform. This size and scale, along with the brand loyalty and network effect that results from such a large pool of users, means Roblox has a leg up on other companies that want to "own" the metaverse. Yes, I'm looking at you,<b><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></b>.</p><p>While Meta Platforms is spending billions of dollars to develop its own version of the metaverse, Roblox has already captured the hearts and minds of millions of users, many of them under the age of 18. And while this year has seen Roblox stock tumble as it came up against incredibly difficult year-over-year comparisons to its lockdown-fueled 2021, the company continues to steadily grow its user base.</p><p>In time, those users (and their billions of hours spent on the platform) <i>will be monetized</i>. Investors who are willing to ride out this admittedly volatile name should be rewarded for their patience.</p><h2>4. <a href=\"https://laohu8.com/S/ABNB\">Airbnb</a></h2><p>The fourth stock to buy and hold forever is <a href=\"https://laohu8.com/S/ABNB\">Airbnb</a>. If there's one thing everyone can agree on, it's this: After the last two years, it seems everyone has needed a vacation this year. And as the world largely rolled back pandemic restrictions and travel picked up, Airbnb was there to provide a place for eager tourists to stay.</p><p>But the company is so much more than just a play on reopening economies. CEO Brian Chesky made waves when he announced in May of this year that, "The office, as we know it, is over." Chesky seems to be right on the money. Airbnb has reported that close to half of its bookings are for stays of seven days or more, and 19% are for stays of 28 days or more.</p><p>Airbnb is capitalizing on the new work-from-home reality. And it's bringing a sense of whimsy to travel by offering exotic accommodations like castles, windmills, caves, and treehouses.</p><p>The analyst community is convinced. Wall Street expects Airbnb to record $8.3 billion in revenue this year, a jump of 38% from 2021. For the following year, it expects revenue to surpass $9.5 billion.</p><p>So for investors looking to add growth to their portfolio, Airbnb is a stock worth adding to their wish list.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Growth Stocks to Buy and Hold Forever</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Growth Stocks to Buy and Hold Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-13 10:11 GMT+8 <a href=https://www.fool.com/investing/2022/09/12/4-growth-stocks-to-buy-and-hold-forever/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Who doesn't love a great growth stock? Consider what a $10,000 investment made in Tesla 10 years ago would be worth today: a cool $1.62 million.It's this potential for explosive returns that leads ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/12/4-growth-stocks-to-buy-and-hold-forever/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎","MSFT":"微软","RBLX":"Roblox Corporation","SPOT":"Spotify Technology S.A."},"source_url":"https://www.fool.com/investing/2022/09/12/4-growth-stocks-to-buy-and-hold-forever/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266325053","content_text":"Who doesn't love a great growth stock? Consider what a $10,000 investment made in Tesla 10 years ago would be worth today: a cool $1.62 million.It's this potential for explosive returns that leads many to include growth stocks in a balanced portfolio. Because you never know which one might turn out to be the next Tesla.So let's look at a few stocks with serious potential: Perhaps not the potential to match Tesla's insane 16,000% return over 10 years but still stocks worth owning nonetheless.1. MicrosoftWhen it comes to growth stocks worth owning and holding forever, Microsoft is near the top of my list. The software giant has diversified in recent years, building a thriving cloud services business, expanding its gaming division, and buying business-networking site LinkedIn.The company has an astounding 46% return on equity, operating margins of 42%, and nearly $200 billion in revenue over the last 12 months. Those impressive figures more than justify its price-to-earnings (P/E) ratio of 27.4, which is a good deal higher than the S&P 500 average of 20.5.Microsoft has long earned a premium from the market -- its five-year average P/E is over 35. Smart investors might use the recent market swoon as an opportunity to load up on one of the world's premier companies -- before its valuation bounces higher.2. SpotifyAfter years of decline, music industry revenue has surged to its highest level in more than 20 years. The reason? Music streaming companies like Spotify.While physical and digital music sales have continued to wane, audio streaming has exploded over the last seven years and now accounts for over $15 billion of music industry revenue. Moreover, Spotify isn't satisfied with just delivering great music to its users. The company has invested in podcasts and audiobooks, landing exclusive deals with celebrities as varied as Joe Rogan and Meghan Markle.Operationally, the company is firing on all cylinders. In its most recent quarterly report, Spotify announced a 19% year-over-year increase in daily average users (DAUs) to 433 million and a 14% jump in paid subscribers to 188 million. The company is expanding its international user base, and it specifically called out blistering growth among Gen Z users in Latin America. Just as video streaming disrupted traditional TV and movies, streaming has done the same to audio. Smart investors should take note and load up on Spotify shares now.3. RobloxMy third recommendation is Roblox. As I've noted before, owning Roblox is one way for investors to participate in the growth of Web3. As the internet continues to evolve, more and more individuals will start to own virtual assets: digital currencies, non-fungible tokens, and many other forms of property.Roblox, as the operator of an online metaverse-style gaming network, has a first-mover advantage when it comes to Web3. It has some 58.5 million DAUs. In July alone, its users spent more than 4.7 billion hours exploring its platform. This size and scale, along with the brand loyalty and network effect that results from such a large pool of users, means Roblox has a leg up on other companies that want to \"own\" the metaverse. Yes, I'm looking at you,Meta Platforms.While Meta Platforms is spending billions of dollars to develop its own version of the metaverse, Roblox has already captured the hearts and minds of millions of users, many of them under the age of 18. And while this year has seen Roblox stock tumble as it came up against incredibly difficult year-over-year comparisons to its lockdown-fueled 2021, the company continues to steadily grow its user base.In time, those users (and their billions of hours spent on the platform) will be monetized. Investors who are willing to ride out this admittedly volatile name should be rewarded for their patience.4. AirbnbThe fourth stock to buy and hold forever is Airbnb. If there's one thing everyone can agree on, it's this: After the last two years, it seems everyone has needed a vacation this year. And as the world largely rolled back pandemic restrictions and travel picked up, Airbnb was there to provide a place for eager tourists to stay.But the company is so much more than just a play on reopening economies. CEO Brian Chesky made waves when he announced in May of this year that, \"The office, as we know it, is over.\" Chesky seems to be right on the money. Airbnb has reported that close to half of its bookings are for stays of seven days or more, and 19% are for stays of 28 days or more.Airbnb is capitalizing on the new work-from-home reality. And it's bringing a sense of whimsy to travel by offering exotic accommodations like castles, windmills, caves, and treehouses.The analyst community is convinced. Wall Street expects Airbnb to record $8.3 billion in revenue this year, a jump of 38% from 2021. For the following year, it expects revenue to surpass $9.5 billion.So for investors looking to add growth to their portfolio, Airbnb is a stock worth adding to their wish list.","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910721464,"gmtCreate":1663687213959,"gmtModify":1676537316105,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9910721464","repostId":"2268391042","repostType":4,"repost":{"id":"2268391042","pubTimestamp":1663663883,"share":"https://ttm.financial/m/news/2268391042?lang=&edition=fundamental","pubTime":"2022-09-20 16:51","market":"us","language":"en","title":"VOO: Fresh Lows Could Be Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2268391042","media":"Seeking Alpha","summary":"SummaryVanguard S&P 500 ETF is not offering a buying opportunity after the latest selloff.The downtr","content":"<html><head></head><body><h2>Summary</h2><ul><li>Vanguard S&P 500 ETF is not offering a buying opportunity after the latest selloff.</li><li>The downtrend is likely to accelerate in the coming months due to the looming recession and tightening monetary policies.</li><li>Investor sentiment and valuations would be impacted by a large percentage of downside earnings revisions.</li><li>The historical data also suggests that going long ahead of a recession is not a prudent strategy.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5056e902bdaef835ab02d4d345d0153e\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>ronniechua</span></p><p>The S&P 500 is on the edge of a bear market once again as the recovery from mid-June to mid-August proved to be no more than a bear market rally, in my opinion. In the last thirty days, the indexplunged around 9% and is currently only a few percentage points higher than its mid-June lows. I believe the broader market index, as well as related ETFs such as the Vanguard S&P 500 ETF (NYSEARCA:VOO), are likely to hit new lows in the coming months, and the bear trend might last longer than the recent routes. What’s more concerning is that global GDP growth and corporate earnings are projected to fall further in the next year. In addition, historical trends suggest that the market has a lot more room to fall. Therefore, buying the latest dip doesn’t look like a prudent strategy to me.</p><h2>Demand Destruction Pushing Economies into Recession</h2><h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc3c3e1aa15446ec437054d90c22084f\" tg-width=\"1236\" tg-height=\"689\" width=\"100%\" height=\"auto\"/><span>True_insights (Bloomberg)</span></p></h2><p>Economic and monetary policy directly affect stock market performance. Historically, the US stock market has faced challenges when economic numbers drop, but bull markets usually occur when monetary conditions are easy and economic growth is stable. There have been 10 official U.S. recessions since 1957 and the stock market has lost 29% on average after each recession. In economics, high prices or limited supply guides demand destruction. A number of factors are contributing to demand destruction at the moment, including high inflation, tightening monetary policies, the Russian war, and the Chinese economic slowdown.</p><p>Rating agencies and the World Bank are cutting their GDP growth forecasts for 2022 and 2023 due to the negative impact of demand destruction on business activities. Fitch, for instance, slashed its 2022 global growth forecast for the third time in nine months to 2.4%, down by 0.5% from its June forecast. For 2023, it expects the global GDP to grow by only 1.7%. It also projects the eurozone and UK will enter recession in the December quarter of 2022, and that the recession will last longer. Fitch also predicts a mild recession in the United States in mid-2023.</p><h2>Earnings Revisions</h2><p>As it appears that economies will fall into recession from the December quarter, analysts and companies are cutting earnings expectations faster. For example, FedEx (FDX), one of the world's largest air freight and logistics companies, missed earnings expectations for the first quarter by a greater margin. Additionally, the company expects the situation to worsen in the next quarter.</p><blockquote>Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S. We are swiftly addressing these headwinds, but given the speed at which conditions shifted, Q1 results are below our expectations, CEO Raj Subramaniam said.</blockquote><p>It's evident from FedEx's earnings miss that the market environment is worse than many had predicted. In the quarters ahead, industrial, materials, and real estate sectors could face massive earnings reductions as a slower economic activity directly impacts their revenue generation capacities. This trend is also reflected in Seeking Alpha's poor quant grades for a large number of key industrial stocks. In contrast, mega-cap tech stocks including Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG) (GOOGL), Amazon (AMZN), Tesla (TSLA), Meta Platforms (META), and Nvidia (NVDA) have seen an average earningsestimatedrop of 21.4% over the last 90 days, while projections for 2023 have declined 11.3%. In the case of VOO, the majority of its top 10 stock holdings, including Apple, Microsoft, Alphabet, and Amazon have seen a large number of downside earnings revisions for 2022 and 2023.</p><h2>Valuations</h2><p>The S&P 500’s forward price-to-earnings ratio eased to around 16.9 at present, down from 1.84% in the previous quarter and 8.76% in the year-ago period. When stocks hit their 2022 low in mid-June, the forward PE was around 16.</p><p>S&P 500's forward PE ratio could fall below its June lows if the bear trend intensifies in the coming months. Historically, PE ratios have fallen between 13 and 14 during recessions since 1990, with the exception of 2008 when the PE fell below 10. Further, a significant amount of earnings revisions in the coming quarters would put additional pressure on valuations. Any rally in stocks without earnings growth would make them expensive, and it appears that investors might not be willing to pay premiums ahead of a recession and tough monetary conditions.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e6a297993692762ac59f1dc1b1ea631\" tg-width=\"602\" tg-height=\"362\" width=\"100%\" height=\"auto\"/><span>yardeni.com (8 tech mega-caps forward PE)</span></p><p>There is also a big difference between the forward earnings ratio of the S&P 500 and that of mega-cap tech stocks. Tech giants like Apple, Microsoft, Alphabet, Amazon, Tesla, Meta Platforms, Netflix (NFLX), and Nvidia account for almost a quarter of the overall weight of the S&P 500 index and almost half of the S&P 500 growth index. These mega-cap tech stocks have on average a forward 12-month price-to-earnings ratio of around 25. These stocks received either a D or F Seeking Alpha quant grade on valuations. S&P 500 might face steep losses in the days ahead if sentiments turn against paying a premium for big tech stocks due to recession and earnings revisions.</p><h2>Capitulation Phase</h2><p>After hot CPI data and increasing prospects for recession, it appears that investors are selling stakes in fear of more losses, a situation known as a capitulation phase. In general, capitulation occurs during bear markets.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7939879a7b810f27e55c49b90c33d95b\" tg-width=\"592\" tg-height=\"402\" width=\"100%\" height=\"auto\"/><span>Coatue Management (Investor Presentation)</span></p><p>Coatue Management's investor presentation also hinted that the markets are in a capitulation phase where the entire stock market will fall before reaching its bottom. Philippe Laffont's investment firm held 80 percent of its portfolio in cash as of June 2022 following a large number of sales in the first half. Like the dot-com bear market, the firm says non-profitable tech stocks fell in the first phase of 2021. In the second phase, both non-profitable and profitable tech stocks plunged in the first half of 2022. In the third phase, which is called the capitulation phase, the firm predicts the entire public sector is likely to face a downtrend and this phase is likely to last longer than the first two.</p><h2>Conclusion</h2><p>It is not the right time to buy ETFs such as VOO that track the performance of the S&P 500 index in my opinion. As several indicators are sending bear market warnings, the ETF is likely to suffer more losses in the months ahead. FedEx's poor results and lower outlook have raised concerns over significant earnings revisions for the full year and 2023. Sentiment would also be impacted by the worsening economic situation, as major economic regions are likely to enter recession in the fourth quarter. Furthermore, lofty valuations and historical trends indicate downside movement.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>VOO: Fresh Lows Could Be Ahead</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\">\nVOO: Fresh Lows Could Be Ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-20 16:51 GMT+8 <a href=https://seekingalpha.com/article/4541903-voo-fresh-lows-could-be-ahead><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryVanguard S&P 500 ETF is not offering a buying opportunity after the latest selloff.The downtrend is likely to accelerate in the coming months due to the looming recession and tightening ...</p>\n\n<a href=\"https://seekingalpha.com/article/4541903-voo-fresh-lows-could-be-ahead\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VOO":"Vanguard标普500ETF"},"source_url":"https://seekingalpha.com/article/4541903-voo-fresh-lows-could-be-ahead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2268391042","content_text":"SummaryVanguard S&P 500 ETF is not offering a buying opportunity after the latest selloff.The downtrend is likely to accelerate in the coming months due to the looming recession and tightening monetary policies.Investor sentiment and valuations would be impacted by a large percentage of downside earnings revisions.The historical data also suggests that going long ahead of a recession is not a prudent strategy.ronniechuaThe S&P 500 is on the edge of a bear market once again as the recovery from mid-June to mid-August proved to be no more than a bear market rally, in my opinion. In the last thirty days, the indexplunged around 9% and is currently only a few percentage points higher than its mid-June lows. I believe the broader market index, as well as related ETFs such as the Vanguard S&P 500 ETF (NYSEARCA:VOO), are likely to hit new lows in the coming months, and the bear trend might last longer than the recent routes. What’s more concerning is that global GDP growth and corporate earnings are projected to fall further in the next year. In addition, historical trends suggest that the market has a lot more room to fall. Therefore, buying the latest dip doesn’t look like a prudent strategy to me.Demand Destruction Pushing Economies into RecessionTrue_insights (Bloomberg)Economic and monetary policy directly affect stock market performance. Historically, the US stock market has faced challenges when economic numbers drop, but bull markets usually occur when monetary conditions are easy and economic growth is stable. There have been 10 official U.S. recessions since 1957 and the stock market has lost 29% on average after each recession. In economics, high prices or limited supply guides demand destruction. A number of factors are contributing to demand destruction at the moment, including high inflation, tightening monetary policies, the Russian war, and the Chinese economic slowdown.Rating agencies and the World Bank are cutting their GDP growth forecasts for 2022 and 2023 due to the negative impact of demand destruction on business activities. Fitch, for instance, slashed its 2022 global growth forecast for the third time in nine months to 2.4%, down by 0.5% from its June forecast. For 2023, it expects the global GDP to grow by only 1.7%. It also projects the eurozone and UK will enter recession in the December quarter of 2022, and that the recession will last longer. Fitch also predicts a mild recession in the United States in mid-2023.Earnings RevisionsAs it appears that economies will fall into recession from the December quarter, analysts and companies are cutting earnings expectations faster. For example, FedEx (FDX), one of the world's largest air freight and logistics companies, missed earnings expectations for the first quarter by a greater margin. Additionally, the company expects the situation to worsen in the next quarter.Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S. We are swiftly addressing these headwinds, but given the speed at which conditions shifted, Q1 results are below our expectations, CEO Raj Subramaniam said.It's evident from FedEx's earnings miss that the market environment is worse than many had predicted. In the quarters ahead, industrial, materials, and real estate sectors could face massive earnings reductions as a slower economic activity directly impacts their revenue generation capacities. This trend is also reflected in Seeking Alpha's poor quant grades for a large number of key industrial stocks. In contrast, mega-cap tech stocks including Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG) (GOOGL), Amazon (AMZN), Tesla (TSLA), Meta Platforms (META), and Nvidia (NVDA) have seen an average earningsestimatedrop of 21.4% over the last 90 days, while projections for 2023 have declined 11.3%. In the case of VOO, the majority of its top 10 stock holdings, including Apple, Microsoft, Alphabet, and Amazon have seen a large number of downside earnings revisions for 2022 and 2023.ValuationsThe S&P 500’s forward price-to-earnings ratio eased to around 16.9 at present, down from 1.84% in the previous quarter and 8.76% in the year-ago period. When stocks hit their 2022 low in mid-June, the forward PE was around 16.S&P 500's forward PE ratio could fall below its June lows if the bear trend intensifies in the coming months. Historically, PE ratios have fallen between 13 and 14 during recessions since 1990, with the exception of 2008 when the PE fell below 10. Further, a significant amount of earnings revisions in the coming quarters would put additional pressure on valuations. Any rally in stocks without earnings growth would make them expensive, and it appears that investors might not be willing to pay premiums ahead of a recession and tough monetary conditions.yardeni.com (8 tech mega-caps forward PE)There is also a big difference between the forward earnings ratio of the S&P 500 and that of mega-cap tech stocks. Tech giants like Apple, Microsoft, Alphabet, Amazon, Tesla, Meta Platforms, Netflix (NFLX), and Nvidia account for almost a quarter of the overall weight of the S&P 500 index and almost half of the S&P 500 growth index. These mega-cap tech stocks have on average a forward 12-month price-to-earnings ratio of around 25. These stocks received either a D or F Seeking Alpha quant grade on valuations. S&P 500 might face steep losses in the days ahead if sentiments turn against paying a premium for big tech stocks due to recession and earnings revisions.Capitulation PhaseAfter hot CPI data and increasing prospects for recession, it appears that investors are selling stakes in fear of more losses, a situation known as a capitulation phase. In general, capitulation occurs during bear markets.Coatue Management (Investor Presentation)Coatue Management's investor presentation also hinted that the markets are in a capitulation phase where the entire stock market will fall before reaching its bottom. Philippe Laffont's investment firm held 80 percent of its portfolio in cash as of June 2022 following a large number of sales in the first half. Like the dot-com bear market, the firm says non-profitable tech stocks fell in the first phase of 2021. In the second phase, both non-profitable and profitable tech stocks plunged in the first half of 2022. In the third phase, which is called the capitulation phase, the firm predicts the entire public sector is likely to face a downtrend and this phase is likely to last longer than the first two.ConclusionIt is not the right time to buy ETFs such as VOO that track the performance of the S&P 500 index in my opinion. As several indicators are sending bear market warnings, the ETF is likely to suffer more losses in the months ahead. FedEx's poor results and lower outlook have raised concerns over significant earnings revisions for the full year and 2023. Sentiment would also be impacted by the worsening economic situation, as major economic regions are likely to enter recession in the fourth quarter. Furthermore, lofty valuations and historical trends indicate downside movement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932015759,"gmtCreate":1662855904071,"gmtModify":1676537149920,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9932015759","repostId":"2266415879","repostType":4,"repost":{"id":"2266415879","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1662773640,"share":"https://ttm.financial/m/news/2266415879?lang=&edition=fundamental","pubTime":"2022-09-10 09:34","market":"us","language":"en","title":"She Was the Best of Us","url":"https://stock-news.laohu8.com/highlight/detail?id=2266415879","media":"Dow Jones","summary":"ByAndrew RobertsMr. Roberts is the author, most recently, of \"The Last King of America: The Misunder","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/8fb38370e84ba1fea7d758c98f97d645\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/><i>ByAndrew Roberts</i></p><p><i>Mr. Roberts is the author, most recently, of "The Last King of America: The Misunderstood Reign of George III" and a royal commentator for NBC News.</i></p><p>We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.</p><p>The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96243ab593f31f43979c5b0356e3e1f3\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.</span></p><p>In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.</p><p>The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. "Why did no one see it coming?" she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. "Why would anyone want the job?" she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. "Grief is the price we pay for love," she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.</p><p>Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c415ea69257bd5839a78c9d5e0eca6f1\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.</span></p><p>Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a <a href=\"https://laohu8.com/S/ZM\">Zoom</a> call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn't strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn't understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn't know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.</p><p>Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen's reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn't been plain sailing.</p><p>Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn't exaggerating when she perceptively said that the Queen was "the rock upon which modern Britain was built."</p><p>Although she was a small "c" conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer's public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.</p><p>More than a century separated the births of The Queen's first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.</p><p>A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/874414f0f61b424aaf7b94a980470613\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.</span></p><p>We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband's uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family's all-too-public traumas.</p><p>She did all of it, and in 70 years she never once complained. She was the best of us.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>She Was the Best of Us</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShe Was the Best of Us\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-10 09:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/8fb38370e84ba1fea7d758c98f97d645\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/><i>ByAndrew Roberts</i></p><p><i>Mr. Roberts is the author, most recently, of "The Last King of America: The Misunderstood Reign of George III" and a royal commentator for NBC News.</i></p><p>We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.</p><p>The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96243ab593f31f43979c5b0356e3e1f3\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.</span></p><p>In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.</p><p>The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. "Why did no one see it coming?" she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. "Why would anyone want the job?" she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. "Grief is the price we pay for love," she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.</p><p>Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c415ea69257bd5839a78c9d5e0eca6f1\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.</span></p><p>Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a <a href=\"https://laohu8.com/S/ZM\">Zoom</a> call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn't strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn't understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn't know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.</p><p>Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen's reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn't been plain sailing.</p><p>Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn't exaggerating when she perceptively said that the Queen was "the rock upon which modern Britain was built."</p><p>Although she was a small "c" conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer's public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.</p><p>More than a century separated the births of The Queen's first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.</p><p>A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/874414f0f61b424aaf7b94a980470613\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.</span></p><p>We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband's uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family's all-too-public traumas.</p><p>She did all of it, and in 70 years she never once complained. She was the best of us.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266415879","content_text":"ByAndrew RobertsMr. Roberts is the author, most recently, of \"The Last King of America: The Misunderstood Reign of George III\" and a royal commentator for NBC News.We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. \"Why did no one see it coming?\" she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. \"Why would anyone want the job?\" she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. \"Grief is the price we pay for love,\" she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a Zoom call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn't strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn't understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn't know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen's reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn't been plain sailing.Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn't exaggerating when she perceptively said that the Queen was \"the rock upon which modern Britain was built.\"Although she was a small \"c\" conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer's public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.More than a century separated the births of The Queen's first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband's uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family's all-too-public traumas.She did all of it, and in 70 years she never once complained. She was the best of us.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910879312,"gmtCreate":1663602163736,"gmtModify":1676537299632,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Thx","listText":"Thx","text":"Thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9910879312","repostId":"1102128091","repostType":4,"repost":{"id":"1102128091","pubTimestamp":1663571453,"share":"https://ttm.financial/m/news/1102128091?lang=&edition=fundamental","pubTime":"2022-09-19 15:10","market":"us","language":"en","title":"5 Struggling Stocks to Buy at a Discount","url":"https://stock-news.laohu8.com/highlight/detail?id=1102128091","media":"Motley Fool","summary":"These perennial outperformers are down, but definitely not out.","content":"<html><head></head><body><h2>KEY POINTS</h2><ul><li>Money can be made in bull markets, but fortunes are made in bear markets.</li><li>So goes the Wall Street adage that's been proven right time and again.</li><li>Long-term investors should focus on five years down the road -- not five weeks or months.</li></ul><p>Looking back at investing articles from 2009 and 2020, the worst years for stocks of the Great Recession and the pandemic, the fear in the market was palpable. But there were some brave souls with the foresight to look past the headlines -- those who did have been richly rewarded, as has been the case in every market correction. Forget timing the bottom; that's a fool's errand. Incrementally buying during those down times was ridiculously profitable.</p><p>What's the lesson? Strategize long-term, dollar-cost average, and stick with fantastic companies. <b>Alphabet</b>,<b>The Trade Desk</b>, <b>Skyworks Solutions</b>, <b>Amazon</b>, and <b>Disney</b> are down more than 20% year to date (YTD) and worthy of hefty consideration.</p><h2>1. Alphabet looks like a bargain</h2><p>When a company's primary revenue driver is so popular that it becomes a verb, that's a pretty impressive sign. You might have even "Googled" to find The Motley Fool. With Alphabet's stock down nearly 23% this year, it's time for investors to sit up and take notice.</p><p>Alphabet has several profit and growth drivers. Its core Google Search service is a must for advertisers, giving it incredible pricing power. YouTube capitalizes on streaming growth, and Google Cloud is growing against tough competition.</p><p>Google's advertising business, which includes Google Search, YouTube, and Google Network, has increased sales from $95 billion to $111 billion year over year through the first half of 2022 against a challenging economic backdrop. Total operating income rose to $39.5 billion from $35.8 billion, even as management grappled with inflation and cutbacks in many advertising budgets. Increasing sales in the face of headwinds show the power of Alphabet's market stronghold.</p><p>Google Cloud competes with <b>Microsoft</b> Azure and Amazon Web Services (AWS) in the cloud market. Sales have grown nearly 40% this year, but the segment isn't profitable yet. Google Cloud is a fantastic opportunity for Alphabet to diversify its profit drivers if management can successfully scale to profitability.</p><p>Alphabet is trading at a price-to-earnings (P/E) ratio of around 21, or more than 12% lower than it traded at the start of 2019, making the stock compelling.</p><h2>2. The Trade Desk capitalizes on a massive shift</h2><p>While Alphabet has the market cornered in search advertising, The Trade Desk is making things happen in streaming. The Trade Desk offers advertisers a comprehensive platform enabling targeted advertising across several mediums, including the coveted connected television (CTV) market.</p><p>CTV refers to any content accessed through the internet, such as watching <b>Netflix</b> or Disney+ on a smart TV or using <b>Roku</b> or similar devices. It's easy to see why this market is the new must-have for advertisers.</p><p>The Trade Desk stock is down more than 25% this year after getting caught up in the growth stock euphoria in 2021. But its results are terrific. Revenue reached $1.2 billion in fiscal 2021, marking a 43% increase over the $836 million prior year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0333f709aec1a22406c2ba6504199d65\" tg-width=\"989\" tg-height=\"418\" width=\"100%\" height=\"auto\"/><span>DATA SOURCE: THE TRADE DESK. CHART BY AUTHOR.</span></p><p>The Trade Desk separates itself from other growth stocks by producing generally accepted accounting principles (GAAP) profits to the tune of $138 million in fiscal 2021, along with $379 million in cash from operations -- an impressive 32% margin.</p><p>The Trade Desk has momentum, opportunity, and execution, and the stock is now trading near its pre-pandemic price-to-sales (P/S) ratio. This could be the time to accumulate shares for the long term.</p><h2>3. Only one segment matters for Amazon's future</h2><p>Amazon stock is down 25% this year as investors fret over rising costs, logistical headaches, and labor shortages which have crushed profits in retail. But Amazon's future is not in online retail sales. Its future is AWS, the world's leading cloud services provider, and business here is booming. AWS accounts for all of the company's operating income and a significant portion of sales growth this year.</p><p>AWS sales reached a record $62.2 billion in 2021 and $72.1 billion over the past 12 months. What's better? AWS has an operating margin of over 30%. Amazon also has a burgeoning digital advertising revenue stream that made $31.2 billion in 2021 and grew 18% last quarter. While some agonize over short-term losses in retail, long-term investors can buy the stock at a discount knowing that AWS (with an advertising cherry on top) will power profits for years to come.</p><h2>4. Skyworks enables our increasingly connected world</h2><p>Have you been to a big-box store recently and seen these new smart refrigerators? Or maybe you're on the cutting edge and already own one. This is a whimsical example of what's known as the Internet of Things (IoT). IoT includes devices from cars to hearing aids. The future of our world is connected, and the semiconductors (chips) made by Skyworks are at the forefront.</p><p>Skyworks' chips are also used in conventional applications like smartphones, tablets, automobiles, and gaming platforms. The sluggish demand and expected economic slowdown have caused shares to drop more than 35% year to date. Despite the headwinds, the company increased the dividend by 11% last quarter. The forward yield is now close to 2.5% -- historically high for Skyworks. Revenue for third-quarter fiscal 2022 reached $1.2 billion on double-digit growth, and management guided for continued growth above 10% in the fiscal fourth quarter.</p><p>Chip stocks have been hit hard, but incrementally purchasing Skyworks now could pay handsomely in the future. In the meantime, investors can enjoy the yield.</p><h2>5. Don't doubt the mouse</h2><p>Disney has had a tough few years with the pandemic closing or limiting attendance, followed by inflation and fears of a recession. But the company has something up its sleeve: Pricing power. Recent articles show pricing at Disney parks rising much faster than inflation over many years. How can Disney do this? Because it has a unique product that people love and other companies can't replicate.</p><p>The stock is down about 28% this year because Wall Street is anticipating that the economy will take its toll on earnings. And they are probably right. But we don't beat the market investing for right now; we outpace the market by anticipating where a company will be in the future.</p><p>Disney has several profit drivers for the future. First, the parks are a unique experience that has been a rite of passage for generations. Revenue in this segment is up 92% so far this fiscal year, reaching $21.3 billion through three quarters. Disney+, Hulu, and ESPN+ streaming services are adding subscribers at a tremendous pace -- 14.4 million were added last quarter alone. In addition, the company believes it can capitalize on the sports betting craze with ESPN.</p><p>Some investors run for the exits when the market goes on sale. Others use a disciplined strategy to purchase great companies at a discount. If you are in the latter category, consider the terrific companies above.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Struggling Stocks to Buy at a Discount</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\">\n5 Struggling Stocks to Buy at a Discount\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-19 15:10 GMT+8 <a href=https://www.fool.com/investing/2022/09/18/5-struggling-stocks-to-buy-at-a-discount/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSMoney can be made in bull markets, but fortunes are made in bear markets.So goes the Wall Street adage that's been proven right time and again.Long-term investors should focus on five years ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/18/5-struggling-stocks-to-buy-at-a-discount/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼","TTD":"Trade Desk Inc.","SWKS":"思佳讯","AMZN":"亚马逊","GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2022/09/18/5-struggling-stocks-to-buy-at-a-discount/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102128091","content_text":"KEY POINTSMoney can be made in bull markets, but fortunes are made in bear markets.So goes the Wall Street adage that's been proven right time and again.Long-term investors should focus on five years down the road -- not five weeks or months.Looking back at investing articles from 2009 and 2020, the worst years for stocks of the Great Recession and the pandemic, the fear in the market was palpable. But there were some brave souls with the foresight to look past the headlines -- those who did have been richly rewarded, as has been the case in every market correction. Forget timing the bottom; that's a fool's errand. Incrementally buying during those down times was ridiculously profitable.What's the lesson? Strategize long-term, dollar-cost average, and stick with fantastic companies. Alphabet,The Trade Desk, Skyworks Solutions, Amazon, and Disney are down more than 20% year to date (YTD) and worthy of hefty consideration.1. Alphabet looks like a bargainWhen a company's primary revenue driver is so popular that it becomes a verb, that's a pretty impressive sign. You might have even \"Googled\" to find The Motley Fool. With Alphabet's stock down nearly 23% this year, it's time for investors to sit up and take notice.Alphabet has several profit and growth drivers. Its core Google Search service is a must for advertisers, giving it incredible pricing power. YouTube capitalizes on streaming growth, and Google Cloud is growing against tough competition.Google's advertising business, which includes Google Search, YouTube, and Google Network, has increased sales from $95 billion to $111 billion year over year through the first half of 2022 against a challenging economic backdrop. Total operating income rose to $39.5 billion from $35.8 billion, even as management grappled with inflation and cutbacks in many advertising budgets. Increasing sales in the face of headwinds show the power of Alphabet's market stronghold.Google Cloud competes with Microsoft Azure and Amazon Web Services (AWS) in the cloud market. Sales have grown nearly 40% this year, but the segment isn't profitable yet. Google Cloud is a fantastic opportunity for Alphabet to diversify its profit drivers if management can successfully scale to profitability.Alphabet is trading at a price-to-earnings (P/E) ratio of around 21, or more than 12% lower than it traded at the start of 2019, making the stock compelling.2. The Trade Desk capitalizes on a massive shiftWhile Alphabet has the market cornered in search advertising, The Trade Desk is making things happen in streaming. The Trade Desk offers advertisers a comprehensive platform enabling targeted advertising across several mediums, including the coveted connected television (CTV) market.CTV refers to any content accessed through the internet, such as watching Netflix or Disney+ on a smart TV or using Roku or similar devices. It's easy to see why this market is the new must-have for advertisers.The Trade Desk stock is down more than 25% this year after getting caught up in the growth stock euphoria in 2021. But its results are terrific. Revenue reached $1.2 billion in fiscal 2021, marking a 43% increase over the $836 million prior year.DATA SOURCE: THE TRADE DESK. CHART BY AUTHOR.The Trade Desk separates itself from other growth stocks by producing generally accepted accounting principles (GAAP) profits to the tune of $138 million in fiscal 2021, along with $379 million in cash from operations -- an impressive 32% margin.The Trade Desk has momentum, opportunity, and execution, and the stock is now trading near its pre-pandemic price-to-sales (P/S) ratio. This could be the time to accumulate shares for the long term.3. Only one segment matters for Amazon's futureAmazon stock is down 25% this year as investors fret over rising costs, logistical headaches, and labor shortages which have crushed profits in retail. But Amazon's future is not in online retail sales. Its future is AWS, the world's leading cloud services provider, and business here is booming. AWS accounts for all of the company's operating income and a significant portion of sales growth this year.AWS sales reached a record $62.2 billion in 2021 and $72.1 billion over the past 12 months. What's better? AWS has an operating margin of over 30%. Amazon also has a burgeoning digital advertising revenue stream that made $31.2 billion in 2021 and grew 18% last quarter. While some agonize over short-term losses in retail, long-term investors can buy the stock at a discount knowing that AWS (with an advertising cherry on top) will power profits for years to come.4. Skyworks enables our increasingly connected worldHave you been to a big-box store recently and seen these new smart refrigerators? Or maybe you're on the cutting edge and already own one. This is a whimsical example of what's known as the Internet of Things (IoT). IoT includes devices from cars to hearing aids. The future of our world is connected, and the semiconductors (chips) made by Skyworks are at the forefront.Skyworks' chips are also used in conventional applications like smartphones, tablets, automobiles, and gaming platforms. The sluggish demand and expected economic slowdown have caused shares to drop more than 35% year to date. Despite the headwinds, the company increased the dividend by 11% last quarter. The forward yield is now close to 2.5% -- historically high for Skyworks. Revenue for third-quarter fiscal 2022 reached $1.2 billion on double-digit growth, and management guided for continued growth above 10% in the fiscal fourth quarter.Chip stocks have been hit hard, but incrementally purchasing Skyworks now could pay handsomely in the future. In the meantime, investors can enjoy the yield.5. Don't doubt the mouseDisney has had a tough few years with the pandemic closing or limiting attendance, followed by inflation and fears of a recession. But the company has something up its sleeve: Pricing power. Recent articles show pricing at Disney parks rising much faster than inflation over many years. How can Disney do this? Because it has a unique product that people love and other companies can't replicate.The stock is down about 28% this year because Wall Street is anticipating that the economy will take its toll on earnings. And they are probably right. But we don't beat the market investing for right now; we outpace the market by anticipating where a company will be in the future.Disney has several profit drivers for the future. First, the parks are a unique experience that has been a rite of passage for generations. Revenue in this segment is up 92% so far this fiscal year, reaching $21.3 billion through three quarters. Disney+, Hulu, and ESPN+ streaming services are adding subscribers at a tremendous pace -- 14.4 million were added last quarter alone. In addition, the company believes it can capitalize on the sports betting craze with ESPN.Some investors run for the exits when the market goes on sale. Others use a disciplined strategy to purchase great companies at a discount. If you are in the latter category, consider the terrific companies above.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936148810,"gmtCreate":1662733424331,"gmtModify":1676537129540,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9936148810","repostId":"1102080267","repostType":4,"repost":{"id":"1102080267","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":1662730336,"share":"https://ttm.financial/m/news/1102080267?lang=&edition=fundamental","pubTime":"2022-09-09 21:32","market":"us","language":"en","title":"Dow Jumps 100 Points As Wall Street Looks to Break 3-Week Slump","url":"https://stock-news.laohu8.com/highlight/detail?id=1102080267","media":"Tiger Newspress","summary":"U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Cha","content":"<html><head></head><body><p>U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.</p><p>The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.</p><p>Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.</p><p>The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.</p><p>Those gains put all three major averages on pace to snap a three-week losing streak. Through Thursday, the Dow is up 1.45%. Meanwhile, the S&P 500 is up 2.09%, and the Nasdaq Composite is 1.99% higher.</p><p>Stocks have been volatile recently as expectations of a 0.75 percentage point rate hike this month grew on Wall Street, after the Fed chair said again that he is “strongly committed” to bringing down inflation.</p><p>“I think that people are grossly underestimating what the Fed is going to have to do to fight inflation,” Richard Bernstein Advisors CEO Richard Bernstein said Thursday on CNBC’s “Closing Bell: Overtime.”</p><p>“It’s incredibly ironic that investors are even considering a Fed pivot when the real fed funds rate remains about as most negative as it has historically been. So the Fed isn’t even really heartily fighting inflation yet. We don’t have a positive real fed funds rate. It’s hard to argue that we should turn wildly bullish anytime soon,” he added.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Jumps 100 Points As Wall Street Looks to Break 3-Week Slump</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\">\nDow Jumps 100 Points As Wall Street Looks to Break 3-Week Slump\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-09 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.</p><p>The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.</p><p>Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.</p><p>The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.</p><p>Those gains put all three major averages on pace to snap a three-week losing streak. Through Thursday, the Dow is up 1.45%. Meanwhile, the S&P 500 is up 2.09%, and the Nasdaq Composite is 1.99% higher.</p><p>Stocks have been volatile recently as expectations of a 0.75 percentage point rate hike this month grew on Wall Street, after the Fed chair said again that he is “strongly committed” to bringing down inflation.</p><p>“I think that people are grossly underestimating what the Fed is going to have to do to fight inflation,” Richard Bernstein Advisors CEO Richard Bernstein said Thursday on CNBC’s “Closing Bell: Overtime.”</p><p>“It’s incredibly ironic that investors are even considering a Fed pivot when the real fed funds rate remains about as most negative as it has historically been. So the Fed isn’t even really heartily fighting inflation yet. We don’t have a positive real fed funds rate. It’s hard to argue that we should turn wildly bullish anytime soon,” he added.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102080267","content_text":"U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.Those gains put all three major averages on pace to snap a three-week losing streak. Through Thursday, the Dow is up 1.45%. Meanwhile, the S&P 500 is up 2.09%, and the Nasdaq Composite is 1.99% higher.Stocks have been volatile recently as expectations of a 0.75 percentage point rate hike this month grew on Wall Street, after the Fed chair said again that he is “strongly committed” to bringing down inflation.“I think that people are grossly underestimating what the Fed is going to have to do to fight inflation,” Richard Bernstein Advisors CEO Richard Bernstein said Thursday on CNBC’s “Closing Bell: Overtime.”“It’s incredibly ironic that investors are even considering a Fed pivot when the real fed funds rate remains about as most negative as it has historically been. So the Fed isn’t even really heartily fighting inflation yet. We don’t have a positive real fed funds rate. It’s hard to argue that we should turn wildly bullish anytime soon,” he added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":21,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936155584,"gmtCreate":1662732731749,"gmtModify":1676537129264,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936155584","repostId":"1102080267","repostType":4,"repost":{"id":"1102080267","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":1662730336,"share":"https://ttm.financial/m/news/1102080267?lang=&edition=fundamental","pubTime":"2022-09-09 21:32","market":"us","language":"en","title":"Dow Jumps 100 Points As Wall Street Looks to Break 3-Week Slump","url":"https://stock-news.laohu8.com/highlight/detail?id=1102080267","media":"Tiger Newspress","summary":"U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Cha","content":"<html><head></head><body><p>U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.</p><p>The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.</p><p>Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.</p><p>The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.</p><p>Those gains put all three major averages on pace to snap a three-week losing streak. Through Thursday, the Dow is up 1.45%. Meanwhile, the S&P 500 is up 2.09%, and the Nasdaq Composite is 1.99% higher.</p><p>Stocks have been volatile recently as expectations of a 0.75 percentage point rate hike this month grew on Wall Street, after the Fed chair said again that he is “strongly committed” to bringing down inflation.</p><p>“I think that people are grossly underestimating what the Fed is going to have to do to fight inflation,” Richard Bernstein Advisors CEO Richard Bernstein said Thursday on CNBC’s “Closing Bell: Overtime.”</p><p>“It’s incredibly ironic that investors are even considering a Fed pivot when the real fed funds rate remains about as most negative as it has historically been. So the Fed isn’t even really heartily fighting inflation yet. We don’t have a positive real fed funds rate. It’s hard to argue that we should turn wildly bullish anytime soon,” he added.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Jumps 100 Points As Wall Street Looks to Break 3-Week Slump</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\">\nDow Jumps 100 Points As Wall Street Looks to Break 3-Week Slump\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-09 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.</p><p>The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.</p><p>Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.</p><p>The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.</p><p>Those gains put all three major averages on pace to snap a three-week losing streak. Through Thursday, the Dow is up 1.45%. Meanwhile, the S&P 500 is up 2.09%, and the Nasdaq Composite is 1.99% higher.</p><p>Stocks have been volatile recently as expectations of a 0.75 percentage point rate hike this month grew on Wall Street, after the Fed chair said again that he is “strongly committed” to bringing down inflation.</p><p>“I think that people are grossly underestimating what the Fed is going to have to do to fight inflation,” Richard Bernstein Advisors CEO Richard Bernstein said Thursday on CNBC’s “Closing Bell: Overtime.”</p><p>“It’s incredibly ironic that investors are even considering a Fed pivot when the real fed funds rate remains about as most negative as it has historically been. So the Fed isn’t even really heartily fighting inflation yet. We don’t have a positive real fed funds rate. It’s hard to argue that we should turn wildly bullish anytime soon,” he added.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102080267","content_text":"U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell’s latest comments on inflation.The Dow Jones Industrial Average rose by 221 points, or 0.69%. S&P 500 and Nasdaq 100 futures climbed 0.8% and 1.02%, respectively.Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.The Dow Jones Industrial Average jumped 193 points, or 0.61%, during the regular session on Thursday — closing higher after alternating between gains and losses throughout the day. The S&P 500 rose 0.66%, and the Nasdaq Composite advanced 0.60%.Those gains put all three major averages on pace to snap a three-week losing streak. Through Thursday, the Dow is up 1.45%. Meanwhile, the S&P 500 is up 2.09%, and the Nasdaq Composite is 1.99% higher.Stocks have been volatile recently as expectations of a 0.75 percentage point rate hike this month grew on Wall Street, after the Fed chair said again that he is “strongly committed” to bringing down inflation.“I think that people are grossly underestimating what the Fed is going to have to do to fight inflation,” Richard Bernstein Advisors CEO Richard Bernstein said Thursday on CNBC’s “Closing Bell: Overtime.”“It’s incredibly ironic that investors are even considering a Fed pivot when the real fed funds rate remains about as most negative as it has historically been. So the Fed isn’t even really heartily fighting inflation yet. We don’t have a positive real fed funds rate. It’s hard to argue that we should turn wildly bullish anytime soon,” he added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936154186,"gmtCreate":1662732766845,"gmtModify":1676537129288,"author":{"id":"4087296611744280","authorId":"4087296611744280","authorIdStr":"4087296611744280","name":"alex321","avatar":"https://community-static.tradeup.com/news/0f3ffe812c3c04227f556e75b7208e4c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087296611744280"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9936154186","repostId":"1121193410","repostType":4,"repost":{"id":"1121193410","pubTimestamp":1662736920,"share":"https://ttm.financial/m/news/1121193410?lang=&edition=fundamental","pubTime":"2022-09-09 23:22","market":"us","language":"en","title":"Tesla Just Took A Stress Test And Passed It","url":"https://stock-news.laohu8.com/highlight/detail?id=1121193410","media":"Seeking Alpha","summary":"SummaryThe past two quarters represented a stress test for Tesla.It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al.Howev","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The past two quarters represented a stress test for Tesla.</li><li>It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al.</li><li>However, its June-quarter results topped expectations largely driven by a healthy ramp-up of total deliveries despite all the challenges.</li><li>It also demonstrated its pricing muscle and showed that its production has clearly passed the pivot point of the critical scale.</li><li>Going forward, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree.</li></ul><p><b>Thesis and Background</b></p><p>Tesla (NASDAQ: TSLA) essentially took a stress test in the past two quarters. And to investors’ relief, it passed the test. Although we look more closely (which we will in the next section), there are still some lingering issues in its scorecard. But overall, its June-quarter results topped expectations despite the multitude of challenges it faced in the first half of the year, including limited production and shutdowns at its factory in Shanghai for most of the quarter, ongoing supply-chain disruptions, and rising labor and raw materials cost. Despite all these challenges, revenues for the June quarter went up 42% YoY and the total deliveries reached almost 255K (a 27% increase YoY). Looking forward, management is targeting record production in the second half of the year.</p><p>At the same time, TSLA has also demonstrated its pricing muscle amid soaring inflation. Later in the article, you will see that the average unit sale price went up by almost 10% compared to the previous quarter and by more than 16% compared to the 4thquarter of 2021. Yet, customers are still flocking to buy its cars as quickly as it can make them.</p><p>Such pricing and the resilience of its integrated production system form a powerful combination. Moreover, its production has clearly passed the pivot point of the critical scale. As the Gigafactories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree as elaborated on next immediately.</p><p><b>TSLA’s stress test</b></p><p>The following chart illustrates the nature of the stress test that Tesla just took in the past two quarters. This chart shows the average CFO (cash from operations) per vehicle and also the average unit price per vehicle since 2015. To set the background, you can see very clearly that Tesla has passed the pivot point of critical scale around 2018. Since 2015, it was able to make an improving profit per vehicle while the unit price (i.e., the price tag on each vehicle) has actually been DECLINING. The average price tag for a TSLA vehicle was around $80.9K back in 2015 (when one of my friends joked that it was like driving a piece of jewelry with limited range). The average price declined to $57.5K in 2021, while the net profits soared during the same period, as you can see. And the net profit turned positive in 2018, a clear indicator of passing the breakeven point.</p><p>Then came the stress test in 2022. Due to all of the above-mentioned challenges, the business had to increase the unit price from an average of $57.5K per vehicle in 2021 to $66.5K in Q2 of 2022, a price increase of 15.6%. It is undoubtedly good news that the business has the pricing power to increase the price at such a substantial magnitude. However, the bad news is that the price increase itself is not sufficient to overcome the inflation cost, raw materials, et al. As a result, the net profit per vehicle actually decreased as seen. The average CFO per vehicle reached a peak of $12.2K in 2021 and declined to $9.23K in Q2 2022, a decline of more than 25%.</p><p>So overall, it turned in a good scorecard with some lingering issues, and we will examine these issues more next.</p><p><img src=\"https://static.tigerbbs.com/8e7881b443d2c420626b971f109ca311\" tg-width=\"640\" tg-height=\"317\" referrerpolicy=\"no-referrer\"/></p><p>Author based on Seeking Alpha data</p><p><b>TSLA’s fixed cost and variable cost</b></p><p>For a production business like TSLA, the basic economics are well-understood and shown in the following chart taken from <i>A Modern Approach to Graham and Dodd Investing</i> by Thomas P. Au. As also explained in the book,</p><blockquote><i>Profit is a function of volume, price, and cost, as shown in the next figure. Costs come in two varieties, fixed costs and the variable cost (shown as F and M * V in the figure, where M is the marginal cost of producing an additional unit and V is the production volume). Fix costs include things like plant and equipment (especially the depreciation thereon) and also most capital costs (such as interest expenses). Fixed costs were incurred upfront and do not vary with the level of output. A production business has to first pass the breakeven point to make a profit. After it breaks the critical volume of sales, the fixed costs are spread out on more and more units and profit margins will improve.</i></blockquote><p><img src=\"https://static.tigerbbs.com/f5c669923352cb292c185f41f4ea4fd9\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"/></p><p>A Modern Approach to Graham and Dodd Investing by Thomas P. Au</p><p>The next chart shows how these dynamics are playing out at TSLA. The chart shows my estimates of TSLA’s fixed cost and variable costs. The plot is made in double-logarithmic scales. The blue line shows its total revenue and the orange line shows my best fit to the model above based on its actual data.</p><p>You can see again that the break-even point occurred somewhere close to 100K vehicles (where the blue line and orange intersect). And in reality, its total vehicle deliveries exceeded 100K for the first time in 2017, corroborating the validity of the fit. By calculating the slope of the orange line, we can also determine the variable cost to be about $42,000 per vehicle for TSLA. By extrapolating the orange line to the left, you could see that the fixed cost is about $2 billion. Moreover, by extrapolating the orange line all the way to 1M vehicle delivery (which it aims to reach this year), we can project the fixed cost, the variable cost, and also the profit (i.e., the difference between the blue and orange lines).</p><p>Under a double-log scale, the difference is hard to see. So, in the next section, I will tabulate these numbers and project them into the next few years also.</p><p><img src=\"https://static.tigerbbs.com/5520e0e03cd80a27fd4c847f92439068\" tg-width=\"640\" tg-height=\"339\" referrerpolicy=\"no-referrer\"/></p><p>Author</p><p><b>TSLA Stock’s profit and return projections</b></p><p>This next table repeats the same information that I obtained from the fitting (especially, the average fixed cost, variable cost, and net profit per vehicle) shown in the chart above. Except it is presented in a tabular form this time.</p><p>Based on these parameters, we can also make projections about the TSLA’s revenues and profits going forward. To summarize, the key parameters are: A) the variable cost per vehicle is $42,000; and B) a fixed cost of $2B. Finally, I also made the assumption that: A) the operating expenses are 13% of total sales, which is consistent with its current levels; B) it can maintain the current average vehicle price tag of $66,000; and C) its annual production would grow at 30% CAGR.</p><p>As can be seen, based on these projections. Its total revenues are projected to reach about $188B. The projection is quite close to the consensus estimate of $191B in 2026 as shown below. Assuming the consensus estimates are reached by other independent methods, such agreement serves as another good sign of the validity of the above model and fitting. And a fundamental understanding of its variable cost and fixed cost can provide us with powerful insights into its profit drivers and understand future returns.</p><p>For example, right now, there is no doubt that the business is expensively valued. However, with the above fixed cost and variable cost, the table shows that it can benefit from the scale of production to a further degree going forward. Total revenues are projected to reach $188B in 2026 and EBITDA earnings are projected to reach $45B by 2026. Under the current price, price to sales ratio would be about 5.1x in 2026, the EV/sales ratio about 5.2x, and the EV/EBITDA ratio about 21x. The P/S and EV/S ratios would not be that different from the overall market by then.</p><p><img src=\"https://static.tigerbbs.com/98d10ac6399c754be5f519058eac954f\" tg-width=\"640\" tg-height=\"303\" referrerpolicy=\"no-referrer\"/></p><p>Author: TSLA’s profit and return projections</p><p><img src=\"https://static.tigerbbs.com/fcc4fe07e1d74f5be8ebf212d915aeb0\" tg-width=\"640\" tg-height=\"236\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Final thoughts and risks</b></p><p>To recap, I see the past two quarters as a stress test on Tesla and I further see it passed the test. There should no longer be any doubt about its profitability, production resilience, and pricing power after this test. Going forward, a few catalysts could further boost its profitability in the near future. As the Shanghai Gigafactory resumes operation and factories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree. Its recent advancements in full self-driving software add further optionality and upward potential for shareholders.</p><p>However, there are a few lingering issues on its scorecard. The price increase itself was not sufficient to overcome the rising costs. Profit per vehicle actually decreased by more than 25% despite an almost 16% increase in the average sales price tag per vehicle. Going forward, I see such cost control (raw materials, labor, and general inflation) challenges to persist. And finally, it is just in general difficult to predict things that grow at fast rates, which is an inherent risk with nonlinear stocks like TSLA. TSLA management repeatedly mentioned its goal and confidence of growing deliveries at 50% annual rates, while other sources’ estimates are all over the place. For example, Morning Star analysis assumes Tesla only delivers around 5.7 million vehicles by 2030, well below management’s target. While Cathie Wood believes (or believed) that Tesla can sell 20m vehicles a year by 2025. You can see such variance (and hence risks) by the huge difference in the low and high ends of the consensus estimates below. The variance is more than 2x by 2024, more than 3x by 2025, and almost 4x by 2026.</p><p><img src=\"https://static.tigerbbs.com/3880cc09103624085d81075fe424881e\" tg-width=\"640\" tg-height=\"131\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Just Took A Stress Test And Passed It</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Just Took A Stress Test And Passed It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-09 23:22 GMT+8 <a href=https://seekingalpha.com/article/4539874-tesla-stock-stress-test-passed?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe past two quarters represented a stress test for Tesla.It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al....</p>\n\n<a href=\"https://seekingalpha.com/article/4539874-tesla-stock-stress-test-passed?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4539874-tesla-stock-stress-test-passed?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121193410","content_text":"SummaryThe past two quarters represented a stress test for Tesla.It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al.However, its June-quarter results topped expectations largely driven by a healthy ramp-up of total deliveries despite all the challenges.It also demonstrated its pricing muscle and showed that its production has clearly passed the pivot point of the critical scale.Going forward, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree.Thesis and BackgroundTesla (NASDAQ: TSLA) essentially took a stress test in the past two quarters. And to investors’ relief, it passed the test. Although we look more closely (which we will in the next section), there are still some lingering issues in its scorecard. But overall, its June-quarter results topped expectations despite the multitude of challenges it faced in the first half of the year, including limited production and shutdowns at its factory in Shanghai for most of the quarter, ongoing supply-chain disruptions, and rising labor and raw materials cost. Despite all these challenges, revenues for the June quarter went up 42% YoY and the total deliveries reached almost 255K (a 27% increase YoY). Looking forward, management is targeting record production in the second half of the year.At the same time, TSLA has also demonstrated its pricing muscle amid soaring inflation. Later in the article, you will see that the average unit sale price went up by almost 10% compared to the previous quarter and by more than 16% compared to the 4thquarter of 2021. Yet, customers are still flocking to buy its cars as quickly as it can make them.Such pricing and the resilience of its integrated production system form a powerful combination. Moreover, its production has clearly passed the pivot point of the critical scale. As the Gigafactories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree as elaborated on next immediately.TSLA’s stress testThe following chart illustrates the nature of the stress test that Tesla just took in the past two quarters. This chart shows the average CFO (cash from operations) per vehicle and also the average unit price per vehicle since 2015. To set the background, you can see very clearly that Tesla has passed the pivot point of critical scale around 2018. Since 2015, it was able to make an improving profit per vehicle while the unit price (i.e., the price tag on each vehicle) has actually been DECLINING. The average price tag for a TSLA vehicle was around $80.9K back in 2015 (when one of my friends joked that it was like driving a piece of jewelry with limited range). The average price declined to $57.5K in 2021, while the net profits soared during the same period, as you can see. And the net profit turned positive in 2018, a clear indicator of passing the breakeven point.Then came the stress test in 2022. Due to all of the above-mentioned challenges, the business had to increase the unit price from an average of $57.5K per vehicle in 2021 to $66.5K in Q2 of 2022, a price increase of 15.6%. It is undoubtedly good news that the business has the pricing power to increase the price at such a substantial magnitude. However, the bad news is that the price increase itself is not sufficient to overcome the inflation cost, raw materials, et al. As a result, the net profit per vehicle actually decreased as seen. The average CFO per vehicle reached a peak of $12.2K in 2021 and declined to $9.23K in Q2 2022, a decline of more than 25%.So overall, it turned in a good scorecard with some lingering issues, and we will examine these issues more next.Author based on Seeking Alpha dataTSLA’s fixed cost and variable costFor a production business like TSLA, the basic economics are well-understood and shown in the following chart taken from A Modern Approach to Graham and Dodd Investing by Thomas P. Au. As also explained in the book,Profit is a function of volume, price, and cost, as shown in the next figure. Costs come in two varieties, fixed costs and the variable cost (shown as F and M * V in the figure, where M is the marginal cost of producing an additional unit and V is the production volume). Fix costs include things like plant and equipment (especially the depreciation thereon) and also most capital costs (such as interest expenses). Fixed costs were incurred upfront and do not vary with the level of output. A production business has to first pass the breakeven point to make a profit. After it breaks the critical volume of sales, the fixed costs are spread out on more and more units and profit margins will improve.A Modern Approach to Graham and Dodd Investing by Thomas P. AuThe next chart shows how these dynamics are playing out at TSLA. The chart shows my estimates of TSLA’s fixed cost and variable costs. The plot is made in double-logarithmic scales. The blue line shows its total revenue and the orange line shows my best fit to the model above based on its actual data.You can see again that the break-even point occurred somewhere close to 100K vehicles (where the blue line and orange intersect). And in reality, its total vehicle deliveries exceeded 100K for the first time in 2017, corroborating the validity of the fit. By calculating the slope of the orange line, we can also determine the variable cost to be about $42,000 per vehicle for TSLA. By extrapolating the orange line to the left, you could see that the fixed cost is about $2 billion. Moreover, by extrapolating the orange line all the way to 1M vehicle delivery (which it aims to reach this year), we can project the fixed cost, the variable cost, and also the profit (i.e., the difference between the blue and orange lines).Under a double-log scale, the difference is hard to see. So, in the next section, I will tabulate these numbers and project them into the next few years also.AuthorTSLA Stock’s profit and return projectionsThis next table repeats the same information that I obtained from the fitting (especially, the average fixed cost, variable cost, and net profit per vehicle) shown in the chart above. Except it is presented in a tabular form this time.Based on these parameters, we can also make projections about the TSLA’s revenues and profits going forward. To summarize, the key parameters are: A) the variable cost per vehicle is $42,000; and B) a fixed cost of $2B. Finally, I also made the assumption that: A) the operating expenses are 13% of total sales, which is consistent with its current levels; B) it can maintain the current average vehicle price tag of $66,000; and C) its annual production would grow at 30% CAGR.As can be seen, based on these projections. Its total revenues are projected to reach about $188B. The projection is quite close to the consensus estimate of $191B in 2026 as shown below. Assuming the consensus estimates are reached by other independent methods, such agreement serves as another good sign of the validity of the above model and fitting. And a fundamental understanding of its variable cost and fixed cost can provide us with powerful insights into its profit drivers and understand future returns.For example, right now, there is no doubt that the business is expensively valued. However, with the above fixed cost and variable cost, the table shows that it can benefit from the scale of production to a further degree going forward. Total revenues are projected to reach $188B in 2026 and EBITDA earnings are projected to reach $45B by 2026. Under the current price, price to sales ratio would be about 5.1x in 2026, the EV/sales ratio about 5.2x, and the EV/EBITDA ratio about 21x. The P/S and EV/S ratios would not be that different from the overall market by then.Author: TSLA’s profit and return projectionsSeeking AlphaFinal thoughts and risksTo recap, I see the past two quarters as a stress test on Tesla and I further see it passed the test. There should no longer be any doubt about its profitability, production resilience, and pricing power after this test. Going forward, a few catalysts could further boost its profitability in the near future. As the Shanghai Gigafactory resumes operation and factories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree. Its recent advancements in full self-driving software add further optionality and upward potential for shareholders.However, there are a few lingering issues on its scorecard. The price increase itself was not sufficient to overcome the rising costs. Profit per vehicle actually decreased by more than 25% despite an almost 16% increase in the average sales price tag per vehicle. Going forward, I see such cost control (raw materials, labor, and general inflation) challenges to persist. And finally, it is just in general difficult to predict things that grow at fast rates, which is an inherent risk with nonlinear stocks like TSLA. TSLA management repeatedly mentioned its goal and confidence of growing deliveries at 50% annual rates, while other sources’ estimates are all over the place. For example, Morning Star analysis assumes Tesla only delivers around 5.7 million vehicles by 2030, well below management’s target. While Cathie Wood believes (or believed) that Tesla can sell 20m vehicles a year by 2025. You can see such variance (and hence risks) by the huge difference in the low and high ends of the consensus estimates below. The variance is more than 2x by 2024, more than 3x by 2025, and almost 4x by 2026.Seeking Alpha","news_type":1},"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}