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jimcm

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2022-09-28

👌

Sorry, the original content has been removed

2022-09-26

😁

Cloudflare: Every Cloud Has A Silver Lining

2022-08-27

👍

@Lionel8383:$Apple(AAPL)$Heading towards the next iPhone 14! Maybe I should get a new MacBook Pro M2 if it launches at the same event!

2022-05-13

Good article

Sorry, the original content has been removed

2022-03-12

Agree

Sorry, the original content has been removed

2021-08-16

Ops

BRIEF-Adage Capital Partners Takes Share Stake In Bumble, Cuts In Merck and Tesla

2021-08-11

Good call

Sorry, the original content has been removed

2021-08-04

Scam

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2021-08-04

No

Sorry, the original content has been removed

2021-08-03

Ooo

This Could Be Pfizer's Next COVID Blockbuster -- and It Isn't a Vaccine

2021-08-03

Wtf

Toplines Before US Market Open on Tuesday

2021-08-03

Wtf

Toplines Before US Market Open on Tuesday

Go to Tiger App to see more news

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Its stock price has been butchered by 74% from its all-time highs, due to the high inflation and rising interest rate environment which has compressed the valuation multiples of &#34;growth stocks&#34;. However, the business has still been growing strong and recently beat both revenue and earnings estimates in the second quarter. In this post, I&#39;m going to break down the business model, financials, and valuation, let&#39;s dive in.</p><p><img src=\"https://static.tigerbbs.com/91d10a4b9d4f76868030b810f15ebd9b\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><h2>Business Model</h2><p>Cloudflare is one of the world&#39;s most widely used Content Delivery Networks [CDNs] and Cloud Security platforms. A CDN basically consists of a network of data centers all over the world that hold a &#34;cached&#34; version of a website you are visiting. For example, imagine you&#39;re in Los Angeles, California, and want to access a website that is based in Japan. Then rather than you trying to pull the files directly from Japan, the website will likely have a copy or cached version of the website at a data center in Los Angeles. A closer data center means, the website request is likely to be executed much faster and provides a better user experience. In addition, this acts as a nice security measure which means if there is a hack or disaster in one data center, you should still be able to receive the website files from another, in networking we call this &#34;redundancy&#34;.</p><p>Cloudflare operates at a ginormous scale and the company estimates 95% of the world&#39;s population is within just 50 milliseconds of a Cloudflare data center. The business has coverage across over 100 countries and 250 cities, which includes China. Cloudflare also has plans to link over 1000 office buildings and multi-dwelling apartment buildings directly into their network.</p><p><img src=\"https://static.tigerbbs.com/b9c4bde1959385cb289810f199c486a1\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Cloudflare Map (Investor presentation 2022)</p><p>Cloudflare is not just a CDN, as you can see from the graphic below the business is using its global network or backbone to build SaaS applications and services on top. Cloudflare One is its flagship platform which provides three main services; a Zero Trust service, Network services, and applications.</p><p></p><p><img src=\"https://static.tigerbbs.com/bf80000163e62e35d26970c14eda9b0a\" tg-width=\"640\" tg-height=\"362\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Cloud Platform (Q2 Earnings)</p><p></p><p>Zero Trust is a cybersecurity framework that aims to give users on a network &#34;least privileged access&#34;. This basically means that users are only given access to the applications they need, for example; the manufacturing department is given access to an inventory database but not to finance applications. This may seem like common sense but most networks are setup in the opposite way in that once you log in you can access pretty much everything, this is really dangerous when it comes to cyberattacks as hackers can move laterally.</p><p>A Zero Trust Network Architecture can be combined with private routing can effectively offer a faster, safer alternative to a Virtual Private Network or VPN. This is especially necessary given the rise in hybrid workforces, which must access a corporate network remotely. The main competitor and market leader in Zero Trust Networks is Zscaler (ZS) a stock I have covered previously. However, due to the market size and growth Cloudflare still has an opportunity to gain traction. The Zero Trust security market was worth $23 billion in 2021 and is forecasted to grow at a compounded annual growth rate [CAGR] of 17.5% and reach nearly $100 billion by 2030.</p><p>Cloudflare&#39;s Network services consist of firewalls and wide area network [WAN] as a service. A WAN is basically used by corporations to connect different regional offices on the same network. In addition, Cloudflare offers DDoS [Distributed Denial of Services] protection which helps to prevent a popular cybersecurity attack. A DDoS attack effectively overloads the capacity of a server with multiple requests. If you have a corporate network with physical hardware it can only handle so many requests. Whereas, with the cloud, an overload is much more difficult as they would have to try and take down multiple data centers.</p><p>Cloudflare also offers applications such as DNS [Domain Name System] which translates a website name such as &#34;Google.com&#34; into the IP address of the server which hosts the website.</p><p>The cloud industry is dominated by the three main titans, Amazon (AMZN) with AWS, Microsoft Azure (MSFT), and Google Cloud (GOOG) (GOOGL). Cloudflare doesn&#39;t have anywhere near the scale or technology prowess that these businesses have. However, the business does offer a great alternative as a &#34;hybrid&#34; cloud provider as the platform can be used to integrate with AWS, Azure, and Google cloud, as well as on-premises hardware.</p><p></p><p><img src=\"https://static.tigerbbs.com/0ca81348a3898276ca0359dde99e81c5\" tg-width=\"640\" tg-height=\"640\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Cloud Market (Statista)</p><p>Hybrid cloud is more popular than you may think with 82% of IT leaders saying they have adopted the hybrid cloud, with close to half deploying between two and three public cloud providers. Thus Cloudflare is expected to have a total addressable market of $135 billion by 2024.</p><p></p><p><img src=\"https://static.tigerbbs.com/8afd7caa0ad0145c2f57e631df7da19f\" tg-width=\"640\" tg-height=\"332\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TAM (Investor Presentation 2022)</p><h2><b>Growing Financials</b></h2><p>Cloudflare generated strong financial results for the second quarter of 2022. Revenue was $234.5 million which increased by a blistering 54% year over year. This beat analyst estimates by $7 million and is even greater than their 6-year average CAGR of 51%.</p><p></p><p><img src=\"https://static.tigerbbs.com/8b46e9066c98110e006e64c41d3ac186\" tg-width=\"640\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Revenue (Cloudflare Investor Presentation)</p><p>Cloudflare&#39;s CDN operates with a freemium model which attracts many smaller website publishers (I use them for my own website). However, the company then uses a &#34;land and expand&#34; approach to up-sell to larger customers. Cloudflare defines &#34;larger customers&#34; of those with &gt;$100k of annual revenue. In the second quarter, the business added a record 212 new larger customers, to a total of 1,749 which now contribute to over 60% of total revenue.</p><p></p><p><img src=\"https://static.tigerbbs.com/14fde3c56e1a12d63af1144df0752208\" tg-width=\"640\" tg-height=\"292\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Cloudflare Customers (Investor report 2022)</p><p></p><p>The CEO exuded confidence in the Q2 earnings call, with regards to going head to head with more established competitors such as Zscaler. For example, a Fortune 500 energy company signed a $784,000 three-year deal with the business, moving from Zscaler as they found Cloudflare to be easier to use and it integrated better.</p><blockquote>&#34;We like our win rates when we go head-to-head with Zscaler and <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> because our product is better and can scale to meet the needs of complex organizations&#34; - Matthew Prince (Cloudflare founder and CEO)</blockquote><p>A key indicator to watch when analyzing any SaaS business is its Net dollar retention rate. In this case, Cloudflare had a retention rate of 126% in the second quarter which is up 2% year over year. This shows customers are finding the product &#34;sticky&#34; and spending more through upsells. This makes complete sense, as there are high switching associated with moving your website or IT services to the cloud. Most companies will have the mentality of &#34;if it is not broken don&#39;t try and fix it&#34;, which is ironically why it has taken businesses so long to move to the cloud in the first place. Therefore a land grab is happening right now in the cloud market. I envision a point in time when almost every company in the world will have at least some of their IT in the &#34;cloud&#34;. This is driven by many reasons including efficiency, flexibility and cost savings.</p><p></p><p><img src=\"https://static.tigerbbs.com/da24336d9734afa35381e5695d62586e\" tg-width=\"640\" tg-height=\"389\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Retention Rate (Q2 Earnings )</p><p>Cloudflare generated a strong gross profit of $178.7 million with a margin of 78.9% which actually increased by 20 basis points sequentially despite cost pressure.</p><p>Operating expenses as a portion of revenue increased 3% sequentially, however it did decrease by 2% year over year to 79%, which was a positive sign. The company hired aggressively in Q2 and increased its headcount by 49% year over year to over 3,000 employees.</p><p>Sales and marketing expenses were $103.9 million in the quarter, this decreased to 44% from 45% in the same quarter last year, which was a positive sign. R&amp;D expenses were $46.2 million which was flat year over year.</p><p>G&amp;A expenses were $35.8 million, which decreased by 1% year over year. Overall the business is showing signs of operating leverage as it scales which is a positive sign.</p><p>The business generated an operating loss of $891,000 which was a vast improvement over the $4 million loss produced in the equivalent quarter last year. When I dive under the hood I discovered that the business would have turned a positive profit if not for the acquisition of Area 1.</p><p><img src=\"https://static.tigerbbs.com/b895183ff281ac7b2c6d4430ab289800\" tg-width=\"640\" tg-height=\"303\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Non GAAP operating Margin (Investor Presentation August 2022)</p><p>Free Cash flow also showed improvement, with a negative $4.4 million generated vs a negative $9.8 million in the prior year. Moving forward, management guided for 47% to 48% year-over-year revenue growth to $968 million in the full year 2022. With positive operating income between $7 million and $10 million or a 1% margin for the full year 2022.</p><p><img src=\"https://static.tigerbbs.com/6dc5b377b4186739b184776346ae6eae\" tg-width=\"640\" tg-height=\"297\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Guidance (Q2 Earnings)</p><p>Cloudflare has a solid balance sheet with cash, cash equivalents and short term investments equal to $1.6 billion. In addition, the company has long term debt of approximately $1.4 billion.</p><h2><b>Advanced Valuation</b></h2><p>In order to value Cloudflare, I have plugged the latest financials into my advanced valuation model which uses the discounted cash flow method of valuation. I have forecasted 45% revenue growth for next year and 44% per year over the next 2 to 5 years, which is fairly conservative given guidance and past growth rates of over 50%.</p><p></p><p><img src=\"https://static.tigerbbs.com/39687fd678270b8992bcce40787559e2\" tg-width=\"640\" tg-height=\"303\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Cloudflare stock valuation (created by author Ben at Motivation 2 Invest)</p><p>I have forecasted the business to continue to gain market share in the cloud and its operating margin to continue to improve to 25% over the next 5 years. In addition, I have capitalized R&amp;D expenses to improve the accuracy of the valuation.</p><p><img src=\"https://static.tigerbbs.com/0f0ab207b7ee046f289f351ce3ccf095\" tg-width=\"640\" tg-height=\"470\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Cloudflare stock valuation 1 (created by author Ben at Motivation 2 Invest)</p><p>Given these factors, I get a fair value of $56/share the stock is trading at ~$54 per share at the time of writing and thus I will deem it to be &#34;fair value&#34;.</p><p>As an extra data point, Cloudflare trades at a Price to Sales Ratio = 18.4, which is cheaper than historic levels of over 100 in 2021. However, the business is trading at a slightly higher valuation than competitor Zscaler. In addition, it is much more expensive than CDN competitor Akamai (AKAM) which trades at a Price to Sales = 3.6.</p><p><img src=\"https://static.tigerbbs.com/ddd42c01e8353e648ce03a9289eba7cf\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><h2><b>Risks</b></h2><h3>Recession/IT spending slowdown</h3><p>The high inflation and rising interest rate environment have caused many analysts to forecast a recession. These recession fears may cause businesses to cut back or delay IT spending. Management highlighted signs of this in the first quarter but have adapted their strategy to focus more on an &#34;ROI driven&#34; value proposition for customers which has worked well.</p><h2><b>Final Thoughts</b></h2><p>Cloudflare is a leading CDN and is poised to become a major player in hybrid cloud and applications. The company has been growing its revenue strong and the TAM is huge. Cloudflare is &#34;fairly valued&#34; intrinsically and thus looks to be a great long term investment on the future of the internet and the cloud.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cloudflare: Every Cloud Has A Silver Lining</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\">\nCloudflare: Every Cloud Has A Silver Lining\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-26 16:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4542896-cloudflare-every-cloud-has-silver-lining><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cloudflare  is on a mission to \"build a better internet\", the company plans to do this through its vast network of data centers globally. Its stock price has been butchered by 74% from its all-time ...</p>\n\n<a href=\"https://seekingalpha.com/article/4542896-cloudflare-every-cloud-has-silver-lining\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NET":"Cloudflare, Inc."},"source_url":"https://seekingalpha.com/article/4542896-cloudflare-every-cloud-has-silver-lining","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2269416801","content_text":"Cloudflare  is on a mission to \"build a better internet\", the company plans to do this through its vast network of data centers globally. Its stock price has been butchered by 74% from its all-time highs, due to the high inflation and rising interest rate environment which has compressed the valuation multiples of \"growth stocks\". However, the business has still been growing strong and recently beat both revenue and earnings estimates in the second quarter. In this post, I'm going to break down the business model, financials, and valuation, let's dive in.Data by YChartsBusiness ModelCloudflare is one of the world's most widely used Content Delivery Networks [CDNs] and Cloud Security platforms. A CDN basically consists of a network of data centers all over the world that hold a \"cached\" version of a website you are visiting. For example, imagine you're in Los Angeles, California, and want to access a website that is based in Japan. Then rather than you trying to pull the files directly from Japan, the website will likely have a copy or cached version of the website at a data center in Los Angeles. A closer data center means, the website request is likely to be executed much faster and provides a better user experience. In addition, this acts as a nice security measure which means if there is a hack or disaster in one data center, you should still be able to receive the website files from another, in networking we call this \"redundancy\".Cloudflare operates at a ginormous scale and the company estimates 95% of the world's population is within just 50 milliseconds of a Cloudflare data center. The business has coverage across over 100 countries and 250 cities, which includes China. Cloudflare also has plans to link over 1000 office buildings and multi-dwelling apartment buildings directly into their network.Cloudflare Map (Investor presentation 2022)Cloudflare is not just a CDN, as you can see from the graphic below the business is using its global network or backbone to build SaaS applications and services on top. Cloudflare One is its flagship platform which provides three main services; a Zero Trust service, Network services, and applications.Cloud Platform (Q2 Earnings)Zero Trust is a cybersecurity framework that aims to give users on a network \"least privileged access\". This basically means that users are only given access to the applications they need, for example; the manufacturing department is given access to an inventory database but not to finance applications. This may seem like common sense but most networks are setup in the opposite way in that once you log in you can access pretty much everything, this is really dangerous when it comes to cyberattacks as hackers can move laterally.A Zero Trust Network Architecture can be combined with private routing can effectively offer a faster, safer alternative to a Virtual Private Network or VPN. This is especially necessary given the rise in hybrid workforces, which must access a corporate network remotely. The main competitor and market leader in Zero Trust Networks is Zscaler (ZS) a stock I have covered previously. However, due to the market size and growth Cloudflare still has an opportunity to gain traction. The Zero Trust security market was worth $23 billion in 2021 and is forecasted to grow at a compounded annual growth rate [CAGR] of 17.5% and reach nearly $100 billion by 2030.Cloudflare's Network services consist of firewalls and wide area network [WAN] as a service. A WAN is basically used by corporations to connect different regional offices on the same network. In addition, Cloudflare offers DDoS [Distributed Denial of Services] protection which helps to prevent a popular cybersecurity attack. A DDoS attack effectively overloads the capacity of a server with multiple requests. If you have a corporate network with physical hardware it can only handle so many requests. Whereas, with the cloud, an overload is much more difficult as they would have to try and take down multiple data centers.Cloudflare also offers applications such as DNS [Domain Name System] which translates a website name such as \"Google.com\" into the IP address of the server which hosts the website.The cloud industry is dominated by the three main titans, Amazon (AMZN) with AWS, Microsoft Azure (MSFT), and Google Cloud (GOOG) (GOOGL). Cloudflare doesn't have anywhere near the scale or technology prowess that these businesses have. However, the business does offer a great alternative as a \"hybrid\" cloud provider as the platform can be used to integrate with AWS, Azure, and Google cloud, as well as on-premises hardware.Cloud Market (Statista)Hybrid cloud is more popular than you may think with 82% of IT leaders saying they have adopted the hybrid cloud, with close to half deploying between two and three public cloud providers. Thus Cloudflare is expected to have a total addressable market of $135 billion by 2024.TAM (Investor Presentation 2022)Growing FinancialsCloudflare generated strong financial results for the second quarter of 2022. Revenue was $234.5 million which increased by a blistering 54% year over year. This beat analyst estimates by $7 million and is even greater than their 6-year average CAGR of 51%.Revenue (Cloudflare Investor Presentation)Cloudflare's CDN operates with a freemium model which attracts many smaller website publishers (I use them for my own website). However, the company then uses a \"land and expand\" approach to up-sell to larger customers. Cloudflare defines \"larger customers\" of those with >$100k of annual revenue. In the second quarter, the business added a record 212 new larger customers, to a total of 1,749 which now contribute to over 60% of total revenue.Cloudflare Customers (Investor report 2022)The CEO exuded confidence in the Q2 earnings call, with regards to going head to head with more established competitors such as Zscaler. For example, a Fortune 500 energy company signed a $784,000 three-year deal with the business, moving from Zscaler as they found Cloudflare to be easier to use and it integrated better.\"We like our win rates when we go head-to-head with Zscaler and Palo Alto Networks because our product is better and can scale to meet the needs of complex organizations\" - Matthew Prince (Cloudflare founder and CEO)A key indicator to watch when analyzing any SaaS business is its Net dollar retention rate. In this case, Cloudflare had a retention rate of 126% in the second quarter which is up 2% year over year. This shows customers are finding the product \"sticky\" and spending more through upsells. This makes complete sense, as there are high switching associated with moving your website or IT services to the cloud. Most companies will have the mentality of \"if it is not broken don't try and fix it\", which is ironically why it has taken businesses so long to move to the cloud in the first place. Therefore a land grab is happening right now in the cloud market. I envision a point in time when almost every company in the world will have at least some of their IT in the \"cloud\". This is driven by many reasons including efficiency, flexibility and cost savings.Retention Rate (Q2 Earnings )Cloudflare generated a strong gross profit of $178.7 million with a margin of 78.9% which actually increased by 20 basis points sequentially despite cost pressure.Operating expenses as a portion of revenue increased 3% sequentially, however it did decrease by 2% year over year to 79%, which was a positive sign. The company hired aggressively in Q2 and increased its headcount by 49% year over year to over 3,000 employees.Sales and marketing expenses were $103.9 million in the quarter, this decreased to 44% from 45% in the same quarter last year, which was a positive sign. R&D expenses were $46.2 million which was flat year over year.G&A expenses were $35.8 million, which decreased by 1% year over year. Overall the business is showing signs of operating leverage as it scales which is a positive sign.The business generated an operating loss of $891,000 which was a vast improvement over the $4 million loss produced in the equivalent quarter last year. When I dive under the hood I discovered that the business would have turned a positive profit if not for the acquisition of Area 1.Non GAAP operating Margin (Investor Presentation August 2022)Free Cash flow also showed improvement, with a negative $4.4 million generated vs a negative $9.8 million in the prior year. Moving forward, management guided for 47% to 48% year-over-year revenue growth to $968 million in the full year 2022. With positive operating income between $7 million and $10 million or a 1% margin for the full year 2022.Guidance (Q2 Earnings)Cloudflare has a solid balance sheet with cash, cash equivalents and short term investments equal to $1.6 billion. In addition, the company has long term debt of approximately $1.4 billion.Advanced ValuationIn order to value Cloudflare, I have plugged the latest financials into my advanced valuation model which uses the discounted cash flow method of valuation. I have forecasted 45% revenue growth for next year and 44% per year over the next 2 to 5 years, which is fairly conservative given guidance and past growth rates of over 50%.Cloudflare stock valuation (created by author Ben at Motivation 2 Invest)I have forecasted the business to continue to gain market share in the cloud and its operating margin to continue to improve to 25% over the next 5 years. In addition, I have capitalized R&D expenses to improve the accuracy of the valuation.Cloudflare stock valuation 1 (created by author Ben at Motivation 2 Invest)Given these factors, I get a fair value of $56/share the stock is trading at ~$54 per share at the time of writing and thus I will deem it to be \"fair value\".As an extra data point, Cloudflare trades at a Price to Sales Ratio = 18.4, which is cheaper than historic levels of over 100 in 2021. However, the business is trading at a slightly higher valuation than competitor Zscaler. In addition, it is much more expensive than CDN competitor Akamai (AKAM) which trades at a Price to Sales = 3.6.Data by YChartsRisksRecession/IT spending slowdownThe high inflation and rising interest rate environment have caused many analysts to forecast a recession. These recession fears may cause businesses to cut back or delay IT spending. Management highlighted signs of this in the first quarter but have adapted their strategy to focus more on an \"ROI driven\" value proposition for customers which has worked well.Final ThoughtsCloudflare is a leading CDN and is poised to become a major player in hybrid cloud and applications. The company has been growing its revenue strong and the TAM is huge. Cloudflare is \"fairly valued\" intrinsically and thus looks to be a great long term investment on the future of the internet and the cloud.","news_type":1},"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994843388,"gmtCreate":1661609292046,"gmtModify":1676536549157,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089870511727540","authorIdStr":"4089870511727540"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994843388","repostId":"9995413447","repostType":1,"repost":{"id":9995413447,"gmtCreate":1661495533391,"gmtModify":1676536530617,"author":{"id":"4113824102564902","authorId":"4113824102564902","name":"Lionel8383","avatar":"https://community-static.tradeup.com/news/816b168172cfedf6cec338c52322f186","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4113824102564902","authorIdStr":"4113824102564902"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"1\"></v-v>Heading towards the next iPhone 14! Maybe I should get a new MacBook Pro M2 if it launches at the same event!","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"1\"></v-v>Heading towards the next iPhone 14! Maybe I should get a new MacBook Pro M2 if it launches at the same event!","text":"$Apple(AAPL)$Heading towards the next iPhone 14! Maybe I should get a new MacBook Pro M2 if it launches at the same event!","images":[{"img":"https://community-static.tradeup.com/news/05ef3af493b52ed8550ff73e13177488","width":"1170","height":"2532"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995413447","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9067637839,"gmtCreate":1652452064221,"gmtModify":1676535103644,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089870511727540","authorIdStr":"4089870511727540"},"themes":[],"htmlText":"Good article&nbsp;","listText":"Good article&nbsp;","text":"Good article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9067637839","repostId":"2235411368","repostType":2,"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9036238745,"gmtCreate":1647100304986,"gmtModify":1676534195009,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089870511727540","authorIdStr":"4089870511727540"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9036238745","repostId":"2218427692","repostType":2,"isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839375794,"gmtCreate":1629124473918,"gmtModify":1676529939370,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089870511727540","authorIdStr":"4089870511727540"},"themes":[],"htmlText":"Ops","listText":"Ops","text":"Ops","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839375794","repostId":"2159224290","repostType":2,"repost":{"id":"2159224290","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1629124312,"share":"https://ttm.financial/m/news/2159224290?lang=&edition=fundamental","pubTime":"2021-08-16 22:31","market":"us","language":"en","title":"BRIEF-Adage Capital Partners Takes Share Stake In Bumble, Cuts In Merck and Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2159224290","media":"Reuters","summary":"Aug 16 (Reuters) - Adage Capital Partners GP LLC:   * ADAGE CAPITAL PARTNERS GP LLC TAKES SHARE STAK","content":"<html><body><p>Aug 16 (Reuters) - Adage Capital Partners GP LLC:</p><p>   * ADAGE CAPITAL PARTNERS GP LLC TAKES SHARE STAKE OF 75,000 SHARES IN BUMBLE INC CLASS A SHARES - SEC FILING</p><p>   * ADAGE CAPITAL PARTNERS GP LLC REPORTS SHARE STAKE OF 2.9 MILLION SHARES IN FTC SOLAR INC SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC CUTS SHARE STAKE IN MERCK &amp; CO INC BY 55.1% TO 1.5 MILLION SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC CUTS SHARE STAKE IN TESLA INC BY 15.2% TO 636,700 SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC UPS SHARE STAKE IN TWITTER INC BY 20.3% TO 1.1 MILLION SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC UPS SHARE STAKE IN PG&amp;E CORP BY 43.3% TO 5.0 MILLION SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC CUTS SHARE STAKE IN GOLDMAN SACHS GROUP INC BY 38.9% TO 198,800 SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC UPS SHARE STAKE IN NIKE INC BY 47.8% TO 1.4 MILLION CLASS B SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2021 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2021</p><p>Source for the quarter ended June 30, 2021: </p><p>Source for the quarter ended March 31, 2021: </p><p> ((Reuters.Briefs@thomsonreuters.com;))</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>BRIEF-Adage Capital Partners Takes Share Stake In Bumble, Cuts In Merck and Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-Adage Capital Partners Takes Share Stake In Bumble, Cuts In Merck and Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-16 22:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Aug 16 (Reuters) - Adage Capital Partners GP LLC:</p><p>   * ADAGE CAPITAL PARTNERS GP LLC TAKES SHARE STAKE OF 75,000 SHARES IN BUMBLE INC CLASS A SHARES - SEC FILING</p><p>   * ADAGE CAPITAL PARTNERS GP LLC REPORTS SHARE STAKE OF 2.9 MILLION SHARES IN FTC SOLAR INC SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC CUTS SHARE STAKE IN MERCK &amp; CO INC BY 55.1% TO 1.5 MILLION SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC CUTS SHARE STAKE IN TESLA INC BY 15.2% TO 636,700 SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC UPS SHARE STAKE IN TWITTER INC BY 20.3% TO 1.1 MILLION SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC UPS SHARE STAKE IN PG&amp;E CORP BY 43.3% TO 5.0 MILLION SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC CUTS SHARE STAKE IN GOLDMAN SACHS GROUP INC BY 38.9% TO 198,800 SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC UPS SHARE STAKE IN NIKE INC BY 47.8% TO 1.4 MILLION CLASS B SHARES</p><p>   * ADAGE CAPITAL PARTNERS GP LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2021 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2021</p><p>Source for the quarter ended June 30, 2021: </p><p>Source for the quarter ended March 31, 2021: </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PCG":"太平洋煤气电力","MRK":"默沙东","TWTR":"Twitter","BMBL":"Bumble Inc.","GS":"高盛","TSLA":"特斯拉","FTCI":"FTC Solar, Inc.","NKE":"耐克"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159224290","content_text":"Aug 16 (Reuters) - Adage Capital Partners GP LLC:   * ADAGE CAPITAL PARTNERS GP LLC TAKES SHARE STAKE OF 75,000 SHARES IN BUMBLE INC CLASS A SHARES - SEC FILING   * ADAGE CAPITAL PARTNERS GP LLC REPORTS SHARE STAKE OF 2.9 MILLION SHARES IN FTC SOLAR INC SHARES   * ADAGE CAPITAL PARTNERS GP LLC CUTS SHARE STAKE IN MERCK & CO INC BY 55.1% TO 1.5 MILLION SHARES   * ADAGE CAPITAL PARTNERS GP LLC CUTS SHARE STAKE IN TESLA INC BY 15.2% TO 636,700 SHARES   * ADAGE CAPITAL PARTNERS GP LLC UPS SHARE STAKE IN TWITTER INC BY 20.3% TO 1.1 MILLION SHARES   * ADAGE CAPITAL PARTNERS GP LLC UPS SHARE STAKE IN PG&E CORP BY 43.3% TO 5.0 MILLION SHARES   * ADAGE CAPITAL PARTNERS GP LLC CUTS SHARE STAKE IN GOLDMAN SACHS GROUP INC BY 38.9% TO 198,800 SHARES   * ADAGE CAPITAL PARTNERS GP LLC UPS SHARE STAKE IN NIKE INC BY 47.8% TO 1.4 MILLION CLASS B SHARES   * ADAGE CAPITAL PARTNERS GP LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2021 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2021Source for the quarter ended June 30, 2021: Source for the quarter ended March 31, 2021:  ((Reuters.Briefs@thomsonreuters.com;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892703054,"gmtCreate":1628687884578,"gmtModify":1676529821156,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089870511727540","authorIdStr":"4089870511727540"},"themes":[],"htmlText":"Good call","listText":"Good call","text":"Good call","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892703054","repostId":"2158478684","repostType":2,"isVote":1,"tweetType":1,"viewCount":688,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890055743,"gmtCreate":1628069830182,"gmtModify":1703500631932,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089870511727540","authorIdStr":"4089870511727540"},"themes":[],"htmlText":"Scam","listText":"Scam","text":"Scam","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/890055743","repostId":"1180549619","repostType":2,"isVote":1,"tweetType":1,"viewCount":697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890052446,"gmtCreate":1628069725885,"gmtModify":1703500629913,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089870511727540","authorIdStr":"4089870511727540"},"themes":[],"htmlText":"No","listText":"No","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/890052446","repostId":"1115159207","repostType":2,"isVote":1,"tweetType":1,"viewCount":884,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807918810,"gmtCreate":1627995970230,"gmtModify":1703499297403,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089870511727540","authorIdStr":"4089870511727540"},"themes":[],"htmlText":"Ooo","listText":"Ooo","text":"Ooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/807918810","repostId":"2156147918","repostType":4,"repost":{"id":"2156147918","pubTimestamp":1627994460,"share":"https://ttm.financial/m/news/2156147918?lang=&edition=fundamental","pubTime":"2021-08-03 20:41","market":"us","language":"en","title":"This Could Be Pfizer's Next COVID Blockbuster -- and It Isn't a Vaccine","url":"https://stock-news.laohu8.com/highlight/detail?id=2156147918","media":"Motley Fool","summary":"Pfizer might not have to wait very long for this product to hit the market.","content":"<p>In 2019 and 2020,&nbsp;<b>Pfizer</b>'s (NYSE:PFE) top-selling product was pneumococcal vaccine Prevnar 13. It generated over $5.8 billion in sales in both years. That's a lot of money for a very successful product.</p>\n<p>But Prevnar 13 is no longer Pfizer's top-selling product. The COVID-19 vaccine BNT162b2, developed by Pfizer and <b>BioNTech</b> (NASDAQ:BNTX), generated sales of $7.8 billion in the first half of 2021 alone. Pfizer expects the vaccine will rake in $33.5 billion over the entire year. Even with the company splitting profits with BioNTech, Pfizer should conservatively make in the ballpark of $17 billion from BNT162b2 this year.</p>\n<p>Even more money could be on the way. Pfizer is busy working on its next potential COVID-19 blockbuster -- and it isn't a vaccine.</p>\n<p><img src=\"https://static.tigerbbs.com/2e39eb3485964eb8dab974f72921be8b\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Stopping the coronavirus in its tracks</h3>\n<p>Pfizer has stated for a while that it wouldn't restrict its efforts to fight COVID-19 to only vaccines. It has also focused on developing potential treatments for the infectious disease. The company provided an update on <a href=\"https://laohu8.com/S/AONE.U\">one</a> especially promising therapy in its second-quarter conference call last week.</p>\n<p>Protease inhibitors are a class of antiviral drugs that have been effective in treating HIV and hepatitis C. These therapies bind to protease enzymes in viruses and prevent the virus from replicating.</p>\n<p>Pfizer initiated an early stage clinical study evaluating oral protease inhibitor PF-07321332 in March of this year. The company had good news to report from that study in its Q2 update.</p>\n<p>Chief scientific officer Mikael Dolsten said that in the phase 1 study, PF-07321332 exceeded the level predicted to inhibit coronavirus viral replication by more than fivefold. Dolsten also stated that the experimental protease inhibitor showed powerful antiviral activity in preclinical testing that could be effective against \"all currently known COVID-19 variants.\"</p>\n<p>So far, the experimental antiviral drug appears to have a good safety profile. Dolsten said that there haven't been any safety issues in giving doses of up to 500 milligrams twice per day over a 10-day period.</p>\n<p>Based on these encouraging results, Pfizer advanced the oral protease inhibitor into phase 2/3 testing in July. The company will evaluate PF-07321332 in five-day and 10-day treatments for individuals who have been in close contact with someone with COVID-19.</p>\n<h3>A big market opportunity</h3>\n<p>Pfizer estimates that the addressable market for its protease inhibitor could be in the hundreds of millions of patients. That doesn't seem farfetched considering the rapid spread of COVID-19 exposure due to the delta variant.</p>\n<p>The U.S. Food and Drug Administration (FDA) has already granted Emergency Use Authorization (EUA) to <b>Regeneron</b>'s (NASDAQ:REGN) antibody cocktail REGEN-COV as a treatment for hospitalized COVID-19 patients and for post-exposure prophylaxis. However, there are a few drawbacks to Regeneron's therapy.</p>\n<p>First, REGEN-COV is expensive -- more than $2,000 per dose. Second, it must be administered via infusion or subcutaneous injection. Third, the current U.S. EUA for post-exposure prophylaxis only applies to individuals who have been exposed to COVID-19 who have a high risk of developing COVID-19 and who haven't been fully vaccinated.</p>\n<p>Pfizer's PF-07321332 would be much more convenient than REGEN-COV since it's taken orally. Although the big drugmaker hasn't given any hints about what the pricing for the antiviral therapy might be should it win EUA or approval, a lower price tag could open up a wide market that might include lower-risk individuals who are exposed to COVID-19.</p>\n<h3>Coming soon?</h3>\n<p>There shouldn't be a long wait for Pfizer's next potential COVID-19 blockbuster. Assuming the phase 2/3 testing goes well, the company thinks that it will be able to file for U.S. EUA in the fourth quarter of this year.</p>\n<p>Pfizer CEO Albert Bourla said in the company's Q2 call that he's given the green light to manufacture \"significant quantities\" of the oral protease inhibitor so that large volumes of doses will be available if EUA is granted. He added that Pfizer is absorbing the risk of making this investment because \"it is the right thing to do.\"</p>\n<p>PF-07321332 probably won't be as big a catalyst for the big pharma stock as the Pfizer-BioNTech COVID-19 vaccine. However, Pfizer won't have to split the profits on the oral therapy as it does with BNT162b2. If the company's late-stage testing of the COVID-19 drug is successful, Pfizer seems very likely to have another blockbuster on its hands in 2022.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Could Be Pfizer's Next COVID Blockbuster -- and It Isn't a Vaccine</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\">\nThis Could Be Pfizer's Next COVID Blockbuster -- and It Isn't a Vaccine\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 20:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/03/this-could-be-pfizers-next-covid-blockbuster-and-i/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In 2019 and 2020, Pfizer's (NYSE:PFE) top-selling product was pneumococcal vaccine Prevnar 13. It generated over $5.8 billion in sales in both years. That's a lot of money for a very successful ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/03/this-could-be-pfizers-next-covid-blockbuster-and-i/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"source_url":"https://www.fool.com/investing/2021/08/03/this-could-be-pfizers-next-covid-blockbuster-and-i/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156147918","content_text":"In 2019 and 2020, Pfizer's (NYSE:PFE) top-selling product was pneumococcal vaccine Prevnar 13. It generated over $5.8 billion in sales in both years. That's a lot of money for a very successful product.\nBut Prevnar 13 is no longer Pfizer's top-selling product. The COVID-19 vaccine BNT162b2, developed by Pfizer and BioNTech (NASDAQ:BNTX), generated sales of $7.8 billion in the first half of 2021 alone. Pfizer expects the vaccine will rake in $33.5 billion over the entire year. Even with the company splitting profits with BioNTech, Pfizer should conservatively make in the ballpark of $17 billion from BNT162b2 this year.\nEven more money could be on the way. Pfizer is busy working on its next potential COVID-19 blockbuster -- and it isn't a vaccine.\n\nImage source: Getty Images.\nStopping the coronavirus in its tracks\nPfizer has stated for a while that it wouldn't restrict its efforts to fight COVID-19 to only vaccines. It has also focused on developing potential treatments for the infectious disease. The company provided an update on one especially promising therapy in its second-quarter conference call last week.\nProtease inhibitors are a class of antiviral drugs that have been effective in treating HIV and hepatitis C. These therapies bind to protease enzymes in viruses and prevent the virus from replicating.\nPfizer initiated an early stage clinical study evaluating oral protease inhibitor PF-07321332 in March of this year. The company had good news to report from that study in its Q2 update.\nChief scientific officer Mikael Dolsten said that in the phase 1 study, PF-07321332 exceeded the level predicted to inhibit coronavirus viral replication by more than fivefold. Dolsten also stated that the experimental protease inhibitor showed powerful antiviral activity in preclinical testing that could be effective against \"all currently known COVID-19 variants.\"\nSo far, the experimental antiviral drug appears to have a good safety profile. Dolsten said that there haven't been any safety issues in giving doses of up to 500 milligrams twice per day over a 10-day period.\nBased on these encouraging results, Pfizer advanced the oral protease inhibitor into phase 2/3 testing in July. The company will evaluate PF-07321332 in five-day and 10-day treatments for individuals who have been in close contact with someone with COVID-19.\nA big market opportunity\nPfizer estimates that the addressable market for its protease inhibitor could be in the hundreds of millions of patients. That doesn't seem farfetched considering the rapid spread of COVID-19 exposure due to the delta variant.\nThe U.S. Food and Drug Administration (FDA) has already granted Emergency Use Authorization (EUA) to Regeneron's (NASDAQ:REGN) antibody cocktail REGEN-COV as a treatment for hospitalized COVID-19 patients and for post-exposure prophylaxis. However, there are a few drawbacks to Regeneron's therapy.\nFirst, REGEN-COV is expensive -- more than $2,000 per dose. Second, it must be administered via infusion or subcutaneous injection. Third, the current U.S. EUA for post-exposure prophylaxis only applies to individuals who have been exposed to COVID-19 who have a high risk of developing COVID-19 and who haven't been fully vaccinated.\nPfizer's PF-07321332 would be much more convenient than REGEN-COV since it's taken orally. Although the big drugmaker hasn't given any hints about what the pricing for the antiviral therapy might be should it win EUA or approval, a lower price tag could open up a wide market that might include lower-risk individuals who are exposed to COVID-19.\nComing soon?\nThere shouldn't be a long wait for Pfizer's next potential COVID-19 blockbuster. Assuming the phase 2/3 testing goes well, the company thinks that it will be able to file for U.S. EUA in the fourth quarter of this year.\nPfizer CEO Albert Bourla said in the company's Q2 call that he's given the green light to manufacture \"significant quantities\" of the oral protease inhibitor so that large volumes of doses will be available if EUA is granted. He added that Pfizer is absorbing the risk of making this investment because \"it is the right thing to do.\"\nPF-07321332 probably won't be as big a catalyst for the big pharma stock as the Pfizer-BioNTech COVID-19 vaccine. However, Pfizer won't have to split the profits on the oral therapy as it does with BNT162b2. If the company's late-stage testing of the COVID-19 drug is successful, Pfizer seems very likely to have another blockbuster on its hands in 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":803,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807911385,"gmtCreate":1627995903547,"gmtModify":1703499295780,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089870511727540","authorIdStr":"4089870511727540"},"themes":[],"htmlText":"Wtf","listText":"Wtf","text":"Wtf","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807911385","repostId":"1126095878","repostType":4,"repost":{"id":"1126095878","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":1627991741,"share":"https://ttm.financial/m/news/1126095878?lang=&edition=fundamental","pubTime":"2021-08-03 19:55","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1126095878","media":"Tiger Newspress","summary":"Futures up: Dow 0.46%, S&P 0.37%, Nasdaq 0.16%.\nChinese gaming stocks listed in the U.S. slump in pr","content":"<ul>\n <li>Futures up: Dow 0.46%, S&amp;P 0.37%, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 0.16%.</li>\n <li>Chinese gaming stocks listed in the U.S. slump in premarket trading.</li>\n <li><a href=\"https://laohu8.com/S/UA.C\">Under Armour</a>, Translate Bio, <a href=\"https://laohu8.com/S/CLX\">Clorox</a> and more&nbsp;made&nbsp;the biggest moves in the premarket.</li>\n <li>Crude oil reversed earlier losses as sentiment improved in broader markets.</li>\n</ul>\n<p>(August 3)&nbsp;U.S. stock index futures rose on Tuesday, as an upbeat corporate earnings season and a pickup in global deals activity lifted demand for risky equities, although gains were capped by concerns around a surge in the Delta variant of the coronavirus.</p>\n<p>At 08:02 a.m. ET, Dow E-minis were up 159 points, or 0.46%, S&amp;P 500 E-minis were up 16&nbsp;points, or 0.37% and Nasdaq 100 E-minis rose 24.5 points, or 0.16%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/041b88ace41d9b6a718971a4da2e78b4\" tg-width=\"1242\" tg-height=\"484\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:02</span></p>\n<p>The big story overnight was <a href=\"https://laohu8.com/S/CAAS\">China</a>'s latest crackdown in which the XInhua-affiliated Economic <a href=\"https://laohu8.com/S/III\">Information</a> Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.&nbsp; \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.</p>\n<p>Not surprisingly, Chinese gaming stocks listed in the U.S. slump in premarket trading; among the biggest gaming-related stocks falling this morning, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> sinks 8.8%, Bilibili falls 6.67%, Huya declines 4.79% and <a href=\"https://laohu8.com/S/DOYU\">DouYu</a> International slides 5.12% as of 8:11am in <a href=\"https://laohu8.com/S/NWY\">New York</a>, Other large-cap Chinese stocks are also lower in U.S. premarket trading: <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> -0.94%, Pinduoduo -1.2%, Baidu -0.37%, Didi -1.25%.</p>\n<p><img src=\"https://static.tigerbbs.com/7d28ab254bf7e852d939886a935a67a2\" tg-width=\"373\" tg-height=\"642\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: <a href=\"https://laohu8.com/S/UA\">Under Armour</a>, Translate Bio, Clorox and more</b></p>\n<p><b>1)&nbsp;Under Armour(UAA)</b> – Under Armour shares jumped 4.5% in the premarket, after the athletic apparel maker beat estimates on the top and bottom lines and the company raised its full-year forecast. Under Armour reported quarterly earnings of 24 cents per share, compared to a consensus estimate of 6 cents a share.</p>\n<p><b>2)&nbsp;Translate Bio(TBIO)</b> – French drugmakerSanofi(SNY) agreed to buy the U.S.-based biotech company for $3.2 billion, or $38 per share in cash. Translate Bio specializes in mRNA technology, the type that was used to produce thePfizerandModernaCovid-19 vaccines. Translate Bio shares soared 29.6% in premarket trading.</p>\n<p><b>3)&nbsp;Clorox(CLX) </b>– Clorox tumbled 8.6% in premarket action after the household products maker missed top and bottom line estimates for its latest quarter. Clorox’s sales fell from a year ago, when consumers stocked up on its products amid the surging pandemic.</p>\n<p><b>4)&nbsp;Eli Lilly(LLY) </b>– The drugmaker’s shares lost 1.7% in premarket trading, after falling 2 cents a share shy of estimates, with quarterly earnings of $1.87 per share. Revenue beat forecasts, but Lilly’s overall results were impacted by weaker sales of Covid-19 therapies as more Americans got vaccinated.</p>\n<p><b>5)&nbsp;<a href=\"https://laohu8.com/S/MAR\">Marriott</a>(MAR)</b> – The hotel operator’s stock gained 1.8% in premarket trading after it reported quarterly earnings of 79 cents per share, compared to a 45 cents a share consensus estimate. Revenue more than doubled from a year ago thanks to a rebound in travel demand, though it did fall slightly short of Wall Street forecasts.</p>\n<p><b>6)&nbsp;<a href=\"https://laohu8.com/S/TTWO\">Take-Two</a> Interactive(TTWO)</b> – Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> lost 4.3% premarket trading after issuing a weaker-than-expected outlook and announcing delays in new releases for some of its games. The video game producer beat estimates by 12 cents a share, with quarterly profit of $1.01 per share. Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a>’s revenue also topped Wall Street forecasts.</p>\n<p><b>7)&nbsp;BP(BP)</b> – BP surged 6.3% in premarket trading after it reported better-than-expected quarterly profit and revenue, thanks to higher oil and gas prices. The energy producer also announced a 4% dividend hike and a boost to its share buyback program.</p>\n<p><b>8)&nbsp;Stellantis(STLA) </b>– Stellantis raised its full-year profit margin outlook after the automaker reported strong first-half financial results, boosted by record margins in North America. The upbeat results came despite the impact of the global chip shortage which cut production by 700,000 vehicles. The stock rallied 5.3% in the premarket.</p>\n<p><b>9)&nbsp;<a href=\"https://laohu8.com/S/MU\">Micron Technology</a>(MU)</b> – Micron instituted its first-ever dividend, with the chip maker planning to pay 10 cents per share in cash payable on October 18. Micron also said it had updated its share buyback policy to buy more when prices are low and fewer when prices are high. Micron shares gained 1.9% in the premarket.</p>\n<p><b>10)&nbsp;<a href=\"https://laohu8.com/S/SPG\">Simon Property</a> Group(SPG)</b> – Simon Property shares rose 2.8% in premarket trading after it said sales at its shopping centers returned to pre-pandemic levels in June. The largest U.S. mall owner is hoping the improved results encourage retailers to sign new leases and help it fill space vacated during the pandemic.</p>\n<p><b>11)&nbsp;<a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> Technologies(SEDG) </b>– SolarEdge reported better-than-expected earnings and revenue for its latest quarter, with the solar energy company also providing an upbeat current-quarter forecast. SolarEdge surged 11.4% in the premarket.</p>\n<p><b>12)&nbsp;Reynolds Consumer Products(REYN)</b> – Reynolds beat estimates by a penny a share, with quarterly earnings of 39 cents per share. Revenue fell short of Street forecasts, however. The maker of products like Hefty garbage bags and Reynolds Wrap said it was pleased with the results in the face of higher input costs supply chain issues. Reynolds lost 3.6% in premarket action.</p>\n<p><b>In rates,</b> treasuries drifted lower over early European session, tracking losses in bunds and gilts. The 10-year U.S. Treasury&nbsp;yield&nbsp;edged around 2bps higher after falling as low as 1.15%; the move steepened 2s10s, 5s30s by 1bp each. Higher S&amp;P futures also added pressure on rising yields, following gains across European stocks amid positive earnings results. Germany’s 10-year yield fell to its lowest since early February at -0.486%. It was last up less than a basis point at -0.47%. Its 30-year yield, which turned negative and sent the whole German yield curve into negative territory on Monday, was hovering around 0%.</p>\n<p>“There is some definite downside bias in the dollar now,” said Vasileios Gkionakis, Global Head of FX Strategy at fund manager Lombard Odier in Switzerland. “You are starting to a see a rotation of growth away from the U.S.”</p>\n<p>According to strategists the months-long advance in Treasuries which saw 10Y real yields drop to fresh record lows on Monday, points to worries that a weaker period lies ahead for the economic reopening from the health crisis, though second-quarter corporate earnings have been robust for the most part. Traders are awaiting key U.S. jobs data this week to gauge the recovery and monitoring the impact of price pressures sparked by pandemic-related disruption and bottlenecks.</p>\n<p>“I don’t think the market is concerned about delta as much as it’s concerned about how it impacts inflation,”&nbsp;Shana Sissel, Spotlight Asset Group chief investment officer, said on Bloomberg Television, referring to the coronavirus variant. “The longer we have delta spread globally, the longer the supply chain disruptions will continue.”</p>\n<p>Meanwhile, on the policy front, the tapering debate continues. Federal Reserve Governor Christopher Waller&nbsp;said&nbsp;he could back a tapering announcement by September, if the next two monthly U.S. employment reports show continued gains.</p>\n<p><b>In FX, </b>the Norwegian krone and <a href=\"https://laohu8.com/S/NGD\">New</a> Zealand’s dollar led an advance against the greenback; the Canadian dollar retreated, underperforming its peers. The euro eked out an advance to a session high of 1.1885 per dollar; the pound climbed back above $1.39 and gilts halted a three-day gain as caution reigns ahead of Bank of England’s meeting on Thursday.<b>The Australian dollar jumped after the nation’s central bank said it will stick to its tapering plan, arguing that the economy will rebound from the latest virus outbreak.</b>Traders rushed to close short positions on the Aussie after the Reserve Bank of Australia decision on Tuesday, according to Asia-based FX traders. Existing AUD/NZD flows after the RBA decision propelled New Zealand’s dollar to a new session high.</p>\n<p>Australia’s currency advanced after its central bank kept a&nbsp;plan&nbsp;to taper bond purchases despite a protracted lockdown in Sydney.</p>\n<p><b>In commodities, </b>crude oil&nbsp;reversed&nbsp;earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including in the key market of China, continues to pose a risk to demand. Brent crude was up 33 cents in London at $73.28 per barrel. U.S. crude inched up to $71.56 a barrel while gold and industrial metal copper were both slightly lower at $1,810.45 per ounce and 9,594.50 a tonne respectively.</p>\n<p>Looking at the day ahead, this morning the only data due out is the June PPI print for the Euro area. This afternoon in the US June factory orders and final June revisions for durable and capital goods orders are expected as well as July vehicle sales data. Away from that the Fed’s Bowman is due to speak this evening while it’s another busy day for earnings with the likes of BP, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>, BMW and <a href=\"https://laohu8.com/S/AMGN\">Amgen</a> amongst those reporting.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-03 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Futures up: Dow 0.46%, S&amp;P 0.37%, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 0.16%.</li>\n <li>Chinese gaming stocks listed in the U.S. slump in premarket trading.</li>\n <li><a href=\"https://laohu8.com/S/UA.C\">Under Armour</a>, Translate Bio, <a href=\"https://laohu8.com/S/CLX\">Clorox</a> and more&nbsp;made&nbsp;the biggest moves in the premarket.</li>\n <li>Crude oil reversed earlier losses as sentiment improved in broader markets.</li>\n</ul>\n<p>(August 3)&nbsp;U.S. stock index futures rose on Tuesday, as an upbeat corporate earnings season and a pickup in global deals activity lifted demand for risky equities, although gains were capped by concerns around a surge in the Delta variant of the coronavirus.</p>\n<p>At 08:02 a.m. ET, Dow E-minis were up 159 points, or 0.46%, S&amp;P 500 E-minis were up 16&nbsp;points, or 0.37% and Nasdaq 100 E-minis rose 24.5 points, or 0.16%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/041b88ace41d9b6a718971a4da2e78b4\" tg-width=\"1242\" tg-height=\"484\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:02</span></p>\n<p>The big story overnight was <a href=\"https://laohu8.com/S/CAAS\">China</a>'s latest crackdown in which the XInhua-affiliated Economic <a href=\"https://laohu8.com/S/III\">Information</a> Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.&nbsp; \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.</p>\n<p>Not surprisingly, Chinese gaming stocks listed in the U.S. slump in premarket trading; among the biggest gaming-related stocks falling this morning, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> sinks 8.8%, Bilibili falls 6.67%, Huya declines 4.79% and <a href=\"https://laohu8.com/S/DOYU\">DouYu</a> International slides 5.12% as of 8:11am in <a href=\"https://laohu8.com/S/NWY\">New York</a>, Other large-cap Chinese stocks are also lower in U.S. premarket trading: <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> -0.94%, Pinduoduo -1.2%, Baidu -0.37%, Didi -1.25%.</p>\n<p><img src=\"https://static.tigerbbs.com/7d28ab254bf7e852d939886a935a67a2\" tg-width=\"373\" tg-height=\"642\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: <a href=\"https://laohu8.com/S/UA\">Under Armour</a>, Translate Bio, Clorox and more</b></p>\n<p><b>1)&nbsp;Under Armour(UAA)</b> – Under Armour shares jumped 4.5% in the premarket, after the athletic apparel maker beat estimates on the top and bottom lines and the company raised its full-year forecast. Under Armour reported quarterly earnings of 24 cents per share, compared to a consensus estimate of 6 cents a share.</p>\n<p><b>2)&nbsp;Translate Bio(TBIO)</b> – French drugmakerSanofi(SNY) agreed to buy the U.S.-based biotech company for $3.2 billion, or $38 per share in cash. Translate Bio specializes in mRNA technology, the type that was used to produce thePfizerandModernaCovid-19 vaccines. Translate Bio shares soared 29.6% in premarket trading.</p>\n<p><b>3)&nbsp;Clorox(CLX) </b>– Clorox tumbled 8.6% in premarket action after the household products maker missed top and bottom line estimates for its latest quarter. Clorox’s sales fell from a year ago, when consumers stocked up on its products amid the surging pandemic.</p>\n<p><b>4)&nbsp;Eli Lilly(LLY) </b>– The drugmaker’s shares lost 1.7% in premarket trading, after falling 2 cents a share shy of estimates, with quarterly earnings of $1.87 per share. Revenue beat forecasts, but Lilly’s overall results were impacted by weaker sales of Covid-19 therapies as more Americans got vaccinated.</p>\n<p><b>5)&nbsp;<a href=\"https://laohu8.com/S/MAR\">Marriott</a>(MAR)</b> – The hotel operator’s stock gained 1.8% in premarket trading after it reported quarterly earnings of 79 cents per share, compared to a 45 cents a share consensus estimate. Revenue more than doubled from a year ago thanks to a rebound in travel demand, though it did fall slightly short of Wall Street forecasts.</p>\n<p><b>6)&nbsp;<a href=\"https://laohu8.com/S/TTWO\">Take-Two</a> Interactive(TTWO)</b> – Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> lost 4.3% premarket trading after issuing a weaker-than-expected outlook and announcing delays in new releases for some of its games. The video game producer beat estimates by 12 cents a share, with quarterly profit of $1.01 per share. Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a>’s revenue also topped Wall Street forecasts.</p>\n<p><b>7)&nbsp;BP(BP)</b> – BP surged 6.3% in premarket trading after it reported better-than-expected quarterly profit and revenue, thanks to higher oil and gas prices. The energy producer also announced a 4% dividend hike and a boost to its share buyback program.</p>\n<p><b>8)&nbsp;Stellantis(STLA) </b>– Stellantis raised its full-year profit margin outlook after the automaker reported strong first-half financial results, boosted by record margins in North America. The upbeat results came despite the impact of the global chip shortage which cut production by 700,000 vehicles. The stock rallied 5.3% in the premarket.</p>\n<p><b>9)&nbsp;<a href=\"https://laohu8.com/S/MU\">Micron Technology</a>(MU)</b> – Micron instituted its first-ever dividend, with the chip maker planning to pay 10 cents per share in cash payable on October 18. Micron also said it had updated its share buyback policy to buy more when prices are low and fewer when prices are high. Micron shares gained 1.9% in the premarket.</p>\n<p><b>10)&nbsp;<a href=\"https://laohu8.com/S/SPG\">Simon Property</a> Group(SPG)</b> – Simon Property shares rose 2.8% in premarket trading after it said sales at its shopping centers returned to pre-pandemic levels in June. The largest U.S. mall owner is hoping the improved results encourage retailers to sign new leases and help it fill space vacated during the pandemic.</p>\n<p><b>11)&nbsp;<a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> Technologies(SEDG) </b>– SolarEdge reported better-than-expected earnings and revenue for its latest quarter, with the solar energy company also providing an upbeat current-quarter forecast. SolarEdge surged 11.4% in the premarket.</p>\n<p><b>12)&nbsp;Reynolds Consumer Products(REYN)</b> – Reynolds beat estimates by a penny a share, with quarterly earnings of 39 cents per share. Revenue fell short of Street forecasts, however. The maker of products like Hefty garbage bags and Reynolds Wrap said it was pleased with the results in the face of higher input costs supply chain issues. Reynolds lost 3.6% in premarket action.</p>\n<p><b>In rates,</b> treasuries drifted lower over early European session, tracking losses in bunds and gilts. The 10-year U.S. Treasury&nbsp;yield&nbsp;edged around 2bps higher after falling as low as 1.15%; the move steepened 2s10s, 5s30s by 1bp each. Higher S&amp;P futures also added pressure on rising yields, following gains across European stocks amid positive earnings results. Germany’s 10-year yield fell to its lowest since early February at -0.486%. It was last up less than a basis point at -0.47%. Its 30-year yield, which turned negative and sent the whole German yield curve into negative territory on Monday, was hovering around 0%.</p>\n<p>“There is some definite downside bias in the dollar now,” said Vasileios Gkionakis, Global Head of FX Strategy at fund manager Lombard Odier in Switzerland. “You are starting to a see a rotation of growth away from the U.S.”</p>\n<p>According to strategists the months-long advance in Treasuries which saw 10Y real yields drop to fresh record lows on Monday, points to worries that a weaker period lies ahead for the economic reopening from the health crisis, though second-quarter corporate earnings have been robust for the most part. Traders are awaiting key U.S. jobs data this week to gauge the recovery and monitoring the impact of price pressures sparked by pandemic-related disruption and bottlenecks.</p>\n<p>“I don’t think the market is concerned about delta as much as it’s concerned about how it impacts inflation,”&nbsp;Shana Sissel, Spotlight Asset Group chief investment officer, said on Bloomberg Television, referring to the coronavirus variant. “The longer we have delta spread globally, the longer the supply chain disruptions will continue.”</p>\n<p>Meanwhile, on the policy front, the tapering debate continues. Federal Reserve Governor Christopher Waller&nbsp;said&nbsp;he could back a tapering announcement by September, if the next two monthly U.S. employment reports show continued gains.</p>\n<p><b>In FX, </b>the Norwegian krone and <a href=\"https://laohu8.com/S/NGD\">New</a> Zealand’s dollar led an advance against the greenback; the Canadian dollar retreated, underperforming its peers. The euro eked out an advance to a session high of 1.1885 per dollar; the pound climbed back above $1.39 and gilts halted a three-day gain as caution reigns ahead of Bank of England’s meeting on Thursday.<b>The Australian dollar jumped after the nation’s central bank said it will stick to its tapering plan, arguing that the economy will rebound from the latest virus outbreak.</b>Traders rushed to close short positions on the Aussie after the Reserve Bank of Australia decision on Tuesday, according to Asia-based FX traders. Existing AUD/NZD flows after the RBA decision propelled New Zealand’s dollar to a new session high.</p>\n<p>Australia’s currency advanced after its central bank kept a&nbsp;plan&nbsp;to taper bond purchases despite a protracted lockdown in Sydney.</p>\n<p><b>In commodities, </b>crude oil&nbsp;reversed&nbsp;earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including in the key market of China, continues to pose a risk to demand. Brent crude was up 33 cents in London at $73.28 per barrel. U.S. crude inched up to $71.56 a barrel while gold and industrial metal copper were both slightly lower at $1,810.45 per ounce and 9,594.50 a tonne respectively.</p>\n<p>Looking at the day ahead, this morning the only data due out is the June PPI print for the Euro area. This afternoon in the US June factory orders and final June revisions for durable and capital goods orders are expected as well as July vehicle sales data. Away from that the Fed’s Bowman is due to speak this evening while it’s another busy day for earnings with the likes of BP, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>, BMW and <a href=\"https://laohu8.com/S/AMGN\">Amgen</a> amongst those reporting.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/318dced6c8505427ba4c5a73eb4a7981","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126095878","content_text":"Futures up: Dow 0.46%, S&P 0.37%, Nasdaq 0.16%.\nChinese gaming stocks listed in the U.S. slump in premarket trading.\nUnder Armour, Translate Bio, Clorox and more made the biggest moves in the premarket.\nCrude oil reversed earlier losses as sentiment improved in broader markets.\n\n(August 3) U.S. stock index futures rose on Tuesday, as an upbeat corporate earnings season and a pickup in global deals activity lifted demand for risky equities, although gains were capped by concerns around a surge in the Delta variant of the coronavirus.\nAt 08:02 a.m. ET, Dow E-minis were up 159 points, or 0.46%, S&P 500 E-minis were up 16 points, or 0.37% and Nasdaq 100 E-minis rose 24.5 points, or 0.16%.\n*Source From Tiger Trade, EST 08:02\nThe big story overnight was China's latest crackdown in which the XInhua-affiliated Economic Information Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.  \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.\nNot surprisingly, Chinese gaming stocks listed in the U.S. slump in premarket trading; among the biggest gaming-related stocks falling this morning, NetEase sinks 8.8%, Bilibili falls 6.67%, Huya declines 4.79% and DouYu International slides 5.12% as of 8:11am in New York, Other large-cap Chinese stocks are also lower in U.S. premarket trading: Alibaba -0.94%, Pinduoduo -1.2%, Baidu -0.37%, Didi -1.25%.\n\nStocks making the biggest moves in the premarket: Under Armour, Translate Bio, Clorox and more\n1) Under Armour(UAA) – Under Armour shares jumped 4.5% in the premarket, after the athletic apparel maker beat estimates on the top and bottom lines and the company raised its full-year forecast. Under Armour reported quarterly earnings of 24 cents per share, compared to a consensus estimate of 6 cents a share.\n2) Translate Bio(TBIO) – French drugmakerSanofi(SNY) agreed to buy the U.S.-based biotech company for $3.2 billion, or $38 per share in cash. Translate Bio specializes in mRNA technology, the type that was used to produce thePfizerandModernaCovid-19 vaccines. Translate Bio shares soared 29.6% in premarket trading.\n3) Clorox(CLX) – Clorox tumbled 8.6% in premarket action after the household products maker missed top and bottom line estimates for its latest quarter. Clorox’s sales fell from a year ago, when consumers stocked up on its products amid the surging pandemic.\n4) Eli Lilly(LLY) – The drugmaker’s shares lost 1.7% in premarket trading, after falling 2 cents a share shy of estimates, with quarterly earnings of $1.87 per share. Revenue beat forecasts, but Lilly’s overall results were impacted by weaker sales of Covid-19 therapies as more Americans got vaccinated.\n5) Marriott(MAR) – The hotel operator’s stock gained 1.8% in premarket trading after it reported quarterly earnings of 79 cents per share, compared to a 45 cents a share consensus estimate. Revenue more than doubled from a year ago thanks to a rebound in travel demand, though it did fall slightly short of Wall Street forecasts.\n6) Take-Two Interactive(TTWO) – Take-Two lost 4.3% premarket trading after issuing a weaker-than-expected outlook and announcing delays in new releases for some of its games. The video game producer beat estimates by 12 cents a share, with quarterly profit of $1.01 per share. Take-Two’s revenue also topped Wall Street forecasts.\n7) BP(BP) – BP surged 6.3% in premarket trading after it reported better-than-expected quarterly profit and revenue, thanks to higher oil and gas prices. The energy producer also announced a 4% dividend hike and a boost to its share buyback program.\n8) Stellantis(STLA) – Stellantis raised its full-year profit margin outlook after the automaker reported strong first-half financial results, boosted by record margins in North America. The upbeat results came despite the impact of the global chip shortage which cut production by 700,000 vehicles. The stock rallied 5.3% in the premarket.\n9) Micron Technology(MU) – Micron instituted its first-ever dividend, with the chip maker planning to pay 10 cents per share in cash payable on October 18. Micron also said it had updated its share buyback policy to buy more when prices are low and fewer when prices are high. Micron shares gained 1.9% in the premarket.\n10) Simon Property Group(SPG) – Simon Property shares rose 2.8% in premarket trading after it said sales at its shopping centers returned to pre-pandemic levels in June. The largest U.S. mall owner is hoping the improved results encourage retailers to sign new leases and help it fill space vacated during the pandemic.\n11) SolarEdge Technologies(SEDG) – SolarEdge reported better-than-expected earnings and revenue for its latest quarter, with the solar energy company also providing an upbeat current-quarter forecast. SolarEdge surged 11.4% in the premarket.\n12) Reynolds Consumer Products(REYN) – Reynolds beat estimates by a penny a share, with quarterly earnings of 39 cents per share. Revenue fell short of Street forecasts, however. The maker of products like Hefty garbage bags and Reynolds Wrap said it was pleased with the results in the face of higher input costs supply chain issues. Reynolds lost 3.6% in premarket action.\nIn rates, treasuries drifted lower over early European session, tracking losses in bunds and gilts. The 10-year U.S. Treasury yield edged around 2bps higher after falling as low as 1.15%; the move steepened 2s10s, 5s30s by 1bp each. Higher S&P futures also added pressure on rising yields, following gains across European stocks amid positive earnings results. Germany’s 10-year yield fell to its lowest since early February at -0.486%. It was last up less than a basis point at -0.47%. Its 30-year yield, which turned negative and sent the whole German yield curve into negative territory on Monday, was hovering around 0%.\n“There is some definite downside bias in the dollar now,” said Vasileios Gkionakis, Global Head of FX Strategy at fund manager Lombard Odier in Switzerland. “You are starting to a see a rotation of growth away from the U.S.”\nAccording to strategists the months-long advance in Treasuries which saw 10Y real yields drop to fresh record lows on Monday, points to worries that a weaker period lies ahead for the economic reopening from the health crisis, though second-quarter corporate earnings have been robust for the most part. Traders are awaiting key U.S. jobs data this week to gauge the recovery and monitoring the impact of price pressures sparked by pandemic-related disruption and bottlenecks.\n“I don’t think the market is concerned about delta as much as it’s concerned about how it impacts inflation,” Shana Sissel, Spotlight Asset Group chief investment officer, said on Bloomberg Television, referring to the coronavirus variant. “The longer we have delta spread globally, the longer the supply chain disruptions will continue.”\nMeanwhile, on the policy front, the tapering debate continues. Federal Reserve Governor Christopher Waller said he could back a tapering announcement by September, if the next two monthly U.S. employment reports show continued gains.\nIn FX, the Norwegian krone and New Zealand’s dollar led an advance against the greenback; the Canadian dollar retreated, underperforming its peers. The euro eked out an advance to a session high of 1.1885 per dollar; the pound climbed back above $1.39 and gilts halted a three-day gain as caution reigns ahead of Bank of England’s meeting on Thursday.The Australian dollar jumped after the nation’s central bank said it will stick to its tapering plan, arguing that the economy will rebound from the latest virus outbreak.Traders rushed to close short positions on the Aussie after the Reserve Bank of Australia decision on Tuesday, according to Asia-based FX traders. Existing AUD/NZD flows after the RBA decision propelled New Zealand’s dollar to a new session high.\nAustralia’s currency advanced after its central bank kept a plan to taper bond purchases despite a protracted lockdown in Sydney.\nIn commodities, crude oil reversed earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including in the key market of China, continues to pose a risk to demand. Brent crude was up 33 cents in London at $73.28 per barrel. U.S. crude inched up to $71.56 a barrel while gold and industrial metal copper were both slightly lower at $1,810.45 per ounce and 9,594.50 a tonne respectively.\nLooking at the day ahead, this morning the only data due out is the June PPI print for the Euro area. This afternoon in the US June factory orders and final June revisions for durable and capital goods orders are expected as well as July vehicle sales data. Away from that the Fed’s Bowman is due to speak this evening while it’s another busy day for earnings with the likes of BP, ConocoPhillips, BMW and Amgen amongst those reporting.","news_type":1},"isVote":1,"tweetType":1,"viewCount":547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807913036,"gmtCreate":1627995781725,"gmtModify":1703499294483,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089870511727540","authorIdStr":"4089870511727540"},"themes":[],"htmlText":"Wtf","listText":"Wtf","text":"Wtf","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807913036","repostId":"1126095878","repostType":4,"repost":{"id":"1126095878","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":1627991741,"share":"https://ttm.financial/m/news/1126095878?lang=&edition=fundamental","pubTime":"2021-08-03 19:55","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1126095878","media":"Tiger Newspress","summary":"Futures up: Dow 0.46%, S&P 0.37%, Nasdaq 0.16%.\nChinese gaming stocks listed in the U.S. slump in pr","content":"<ul>\n <li>Futures up: Dow 0.46%, S&amp;P 0.37%, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 0.16%.</li>\n <li>Chinese gaming stocks listed in the U.S. slump in premarket trading.</li>\n <li><a href=\"https://laohu8.com/S/UA.C\">Under Armour</a>, Translate Bio, <a href=\"https://laohu8.com/S/CLX\">Clorox</a> and more&nbsp;made&nbsp;the biggest moves in the premarket.</li>\n <li>Crude oil reversed earlier losses as sentiment improved in broader markets.</li>\n</ul>\n<p>(August 3)&nbsp;U.S. stock index futures rose on Tuesday, as an upbeat corporate earnings season and a pickup in global deals activity lifted demand for risky equities, although gains were capped by concerns around a surge in the Delta variant of the coronavirus.</p>\n<p>At 08:02 a.m. ET, Dow E-minis were up 159 points, or 0.46%, S&amp;P 500 E-minis were up 16&nbsp;points, or 0.37% and Nasdaq 100 E-minis rose 24.5 points, or 0.16%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/041b88ace41d9b6a718971a4da2e78b4\" tg-width=\"1242\" tg-height=\"484\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:02</span></p>\n<p>The big story overnight was <a href=\"https://laohu8.com/S/CAAS\">China</a>'s latest crackdown in which the XInhua-affiliated Economic <a href=\"https://laohu8.com/S/III\">Information</a> Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.&nbsp; \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.</p>\n<p>Not surprisingly, Chinese gaming stocks listed in the U.S. slump in premarket trading; among the biggest gaming-related stocks falling this morning, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> sinks 8.8%, Bilibili falls 6.67%, Huya declines 4.79% and <a href=\"https://laohu8.com/S/DOYU\">DouYu</a> International slides 5.12% as of 8:11am in <a href=\"https://laohu8.com/S/NWY\">New York</a>, Other large-cap Chinese stocks are also lower in U.S. premarket trading: <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> -0.94%, Pinduoduo -1.2%, Baidu -0.37%, Didi -1.25%.</p>\n<p><img src=\"https://static.tigerbbs.com/7d28ab254bf7e852d939886a935a67a2\" tg-width=\"373\" tg-height=\"642\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: <a href=\"https://laohu8.com/S/UA\">Under Armour</a>, Translate Bio, Clorox and more</b></p>\n<p><b>1)&nbsp;Under Armour(UAA)</b> – Under Armour shares jumped 4.5% in the premarket, after the athletic apparel maker beat estimates on the top and bottom lines and the company raised its full-year forecast. Under Armour reported quarterly earnings of 24 cents per share, compared to a consensus estimate of 6 cents a share.</p>\n<p><b>2)&nbsp;Translate Bio(TBIO)</b> – French drugmakerSanofi(SNY) agreed to buy the U.S.-based biotech company for $3.2 billion, or $38 per share in cash. Translate Bio specializes in mRNA technology, the type that was used to produce thePfizerandModernaCovid-19 vaccines. Translate Bio shares soared 29.6% in premarket trading.</p>\n<p><b>3)&nbsp;Clorox(CLX) </b>– Clorox tumbled 8.6% in premarket action after the household products maker missed top and bottom line estimates for its latest quarter. Clorox’s sales fell from a year ago, when consumers stocked up on its products amid the surging pandemic.</p>\n<p><b>4)&nbsp;Eli Lilly(LLY) </b>– The drugmaker’s shares lost 1.7% in premarket trading, after falling 2 cents a share shy of estimates, with quarterly earnings of $1.87 per share. Revenue beat forecasts, but Lilly’s overall results were impacted by weaker sales of Covid-19 therapies as more Americans got vaccinated.</p>\n<p><b>5)&nbsp;<a href=\"https://laohu8.com/S/MAR\">Marriott</a>(MAR)</b> – The hotel operator’s stock gained 1.8% in premarket trading after it reported quarterly earnings of 79 cents per share, compared to a 45 cents a share consensus estimate. Revenue more than doubled from a year ago thanks to a rebound in travel demand, though it did fall slightly short of Wall Street forecasts.</p>\n<p><b>6)&nbsp;<a href=\"https://laohu8.com/S/TTWO\">Take-Two</a> Interactive(TTWO)</b> – Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> lost 4.3% premarket trading after issuing a weaker-than-expected outlook and announcing delays in new releases for some of its games. The video game producer beat estimates by 12 cents a share, with quarterly profit of $1.01 per share. Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a>’s revenue also topped Wall Street forecasts.</p>\n<p><b>7)&nbsp;BP(BP)</b> – BP surged 6.3% in premarket trading after it reported better-than-expected quarterly profit and revenue, thanks to higher oil and gas prices. The energy producer also announced a 4% dividend hike and a boost to its share buyback program.</p>\n<p><b>8)&nbsp;Stellantis(STLA) </b>– Stellantis raised its full-year profit margin outlook after the automaker reported strong first-half financial results, boosted by record margins in North America. The upbeat results came despite the impact of the global chip shortage which cut production by 700,000 vehicles. The stock rallied 5.3% in the premarket.</p>\n<p><b>9)&nbsp;<a href=\"https://laohu8.com/S/MU\">Micron Technology</a>(MU)</b> – Micron instituted its first-ever dividend, with the chip maker planning to pay 10 cents per share in cash payable on October 18. Micron also said it had updated its share buyback policy to buy more when prices are low and fewer when prices are high. Micron shares gained 1.9% in the premarket.</p>\n<p><b>10)&nbsp;<a href=\"https://laohu8.com/S/SPG\">Simon Property</a> Group(SPG)</b> – Simon Property shares rose 2.8% in premarket trading after it said sales at its shopping centers returned to pre-pandemic levels in June. The largest U.S. mall owner is hoping the improved results encourage retailers to sign new leases and help it fill space vacated during the pandemic.</p>\n<p><b>11)&nbsp;<a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> Technologies(SEDG) </b>– SolarEdge reported better-than-expected earnings and revenue for its latest quarter, with the solar energy company also providing an upbeat current-quarter forecast. SolarEdge surged 11.4% in the premarket.</p>\n<p><b>12)&nbsp;Reynolds Consumer Products(REYN)</b> – Reynolds beat estimates by a penny a share, with quarterly earnings of 39 cents per share. Revenue fell short of Street forecasts, however. The maker of products like Hefty garbage bags and Reynolds Wrap said it was pleased with the results in the face of higher input costs supply chain issues. Reynolds lost 3.6% in premarket action.</p>\n<p><b>In rates,</b> treasuries drifted lower over early European session, tracking losses in bunds and gilts. The 10-year U.S. Treasury&nbsp;yield&nbsp;edged around 2bps higher after falling as low as 1.15%; the move steepened 2s10s, 5s30s by 1bp each. Higher S&amp;P futures also added pressure on rising yields, following gains across European stocks amid positive earnings results. Germany’s 10-year yield fell to its lowest since early February at -0.486%. It was last up less than a basis point at -0.47%. Its 30-year yield, which turned negative and sent the whole German yield curve into negative territory on Monday, was hovering around 0%.</p>\n<p>“There is some definite downside bias in the dollar now,” said Vasileios Gkionakis, Global Head of FX Strategy at fund manager Lombard Odier in Switzerland. “You are starting to a see a rotation of growth away from the U.S.”</p>\n<p>According to strategists the months-long advance in Treasuries which saw 10Y real yields drop to fresh record lows on Monday, points to worries that a weaker period lies ahead for the economic reopening from the health crisis, though second-quarter corporate earnings have been robust for the most part. Traders are awaiting key U.S. jobs data this week to gauge the recovery and monitoring the impact of price pressures sparked by pandemic-related disruption and bottlenecks.</p>\n<p>“I don’t think the market is concerned about delta as much as it’s concerned about how it impacts inflation,”&nbsp;Shana Sissel, Spotlight Asset Group chief investment officer, said on Bloomberg Television, referring to the coronavirus variant. “The longer we have delta spread globally, the longer the supply chain disruptions will continue.”</p>\n<p>Meanwhile, on the policy front, the tapering debate continues. Federal Reserve Governor Christopher Waller&nbsp;said&nbsp;he could back a tapering announcement by September, if the next two monthly U.S. employment reports show continued gains.</p>\n<p><b>In FX, </b>the Norwegian krone and <a href=\"https://laohu8.com/S/NGD\">New</a> Zealand’s dollar led an advance against the greenback; the Canadian dollar retreated, underperforming its peers. The euro eked out an advance to a session high of 1.1885 per dollar; the pound climbed back above $1.39 and gilts halted a three-day gain as caution reigns ahead of Bank of England’s meeting on Thursday.<b>The Australian dollar jumped after the nation’s central bank said it will stick to its tapering plan, arguing that the economy will rebound from the latest virus outbreak.</b>Traders rushed to close short positions on the Aussie after the Reserve Bank of Australia decision on Tuesday, according to Asia-based FX traders. Existing AUD/NZD flows after the RBA decision propelled New Zealand’s dollar to a new session high.</p>\n<p>Australia’s currency advanced after its central bank kept a&nbsp;plan&nbsp;to taper bond purchases despite a protracted lockdown in Sydney.</p>\n<p><b>In commodities, </b>crude oil&nbsp;reversed&nbsp;earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including in the key market of China, continues to pose a risk to demand. Brent crude was up 33 cents in London at $73.28 per barrel. U.S. crude inched up to $71.56 a barrel while gold and industrial metal copper were both slightly lower at $1,810.45 per ounce and 9,594.50 a tonne respectively.</p>\n<p>Looking at the day ahead, this morning the only data due out is the June PPI print for the Euro area. This afternoon in the US June factory orders and final June revisions for durable and capital goods orders are expected as well as July vehicle sales data. Away from that the Fed’s Bowman is due to speak this evening while it’s another busy day for earnings with the likes of BP, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>, BMW and <a href=\"https://laohu8.com/S/AMGN\">Amgen</a> amongst those reporting.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-03 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Futures up: Dow 0.46%, S&amp;P 0.37%, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 0.16%.</li>\n <li>Chinese gaming stocks listed in the U.S. slump in premarket trading.</li>\n <li><a href=\"https://laohu8.com/S/UA.C\">Under Armour</a>, Translate Bio, <a href=\"https://laohu8.com/S/CLX\">Clorox</a> and more&nbsp;made&nbsp;the biggest moves in the premarket.</li>\n <li>Crude oil reversed earlier losses as sentiment improved in broader markets.</li>\n</ul>\n<p>(August 3)&nbsp;U.S. stock index futures rose on Tuesday, as an upbeat corporate earnings season and a pickup in global deals activity lifted demand for risky equities, although gains were capped by concerns around a surge in the Delta variant of the coronavirus.</p>\n<p>At 08:02 a.m. ET, Dow E-minis were up 159 points, or 0.46%, S&amp;P 500 E-minis were up 16&nbsp;points, or 0.37% and Nasdaq 100 E-minis rose 24.5 points, or 0.16%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/041b88ace41d9b6a718971a4da2e78b4\" tg-width=\"1242\" tg-height=\"484\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:02</span></p>\n<p>The big story overnight was <a href=\"https://laohu8.com/S/CAAS\">China</a>'s latest crackdown in which the XInhua-affiliated Economic <a href=\"https://laohu8.com/S/III\">Information</a> Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.&nbsp; \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.</p>\n<p>Not surprisingly, Chinese gaming stocks listed in the U.S. slump in premarket trading; among the biggest gaming-related stocks falling this morning, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> sinks 8.8%, Bilibili falls 6.67%, Huya declines 4.79% and <a href=\"https://laohu8.com/S/DOYU\">DouYu</a> International slides 5.12% as of 8:11am in <a href=\"https://laohu8.com/S/NWY\">New York</a>, Other large-cap Chinese stocks are also lower in U.S. premarket trading: <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> -0.94%, Pinduoduo -1.2%, Baidu -0.37%, Didi -1.25%.</p>\n<p><img src=\"https://static.tigerbbs.com/7d28ab254bf7e852d939886a935a67a2\" tg-width=\"373\" tg-height=\"642\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: <a href=\"https://laohu8.com/S/UA\">Under Armour</a>, Translate Bio, Clorox and more</b></p>\n<p><b>1)&nbsp;Under Armour(UAA)</b> – Under Armour shares jumped 4.5% in the premarket, after the athletic apparel maker beat estimates on the top and bottom lines and the company raised its full-year forecast. Under Armour reported quarterly earnings of 24 cents per share, compared to a consensus estimate of 6 cents a share.</p>\n<p><b>2)&nbsp;Translate Bio(TBIO)</b> – French drugmakerSanofi(SNY) agreed to buy the U.S.-based biotech company for $3.2 billion, or $38 per share in cash. Translate Bio specializes in mRNA technology, the type that was used to produce thePfizerandModernaCovid-19 vaccines. Translate Bio shares soared 29.6% in premarket trading.</p>\n<p><b>3)&nbsp;Clorox(CLX) </b>– Clorox tumbled 8.6% in premarket action after the household products maker missed top and bottom line estimates for its latest quarter. Clorox’s sales fell from a year ago, when consumers stocked up on its products amid the surging pandemic.</p>\n<p><b>4)&nbsp;Eli Lilly(LLY) </b>– The drugmaker’s shares lost 1.7% in premarket trading, after falling 2 cents a share shy of estimates, with quarterly earnings of $1.87 per share. Revenue beat forecasts, but Lilly’s overall results were impacted by weaker sales of Covid-19 therapies as more Americans got vaccinated.</p>\n<p><b>5)&nbsp;<a href=\"https://laohu8.com/S/MAR\">Marriott</a>(MAR)</b> – The hotel operator’s stock gained 1.8% in premarket trading after it reported quarterly earnings of 79 cents per share, compared to a 45 cents a share consensus estimate. Revenue more than doubled from a year ago thanks to a rebound in travel demand, though it did fall slightly short of Wall Street forecasts.</p>\n<p><b>6)&nbsp;<a href=\"https://laohu8.com/S/TTWO\">Take-Two</a> Interactive(TTWO)</b> – Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> lost 4.3% premarket trading after issuing a weaker-than-expected outlook and announcing delays in new releases for some of its games. The video game producer beat estimates by 12 cents a share, with quarterly profit of $1.01 per share. Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a>’s revenue also topped Wall Street forecasts.</p>\n<p><b>7)&nbsp;BP(BP)</b> – BP surged 6.3% in premarket trading after it reported better-than-expected quarterly profit and revenue, thanks to higher oil and gas prices. The energy producer also announced a 4% dividend hike and a boost to its share buyback program.</p>\n<p><b>8)&nbsp;Stellantis(STLA) </b>– Stellantis raised its full-year profit margin outlook after the automaker reported strong first-half financial results, boosted by record margins in North America. The upbeat results came despite the impact of the global chip shortage which cut production by 700,000 vehicles. The stock rallied 5.3% in the premarket.</p>\n<p><b>9)&nbsp;<a href=\"https://laohu8.com/S/MU\">Micron Technology</a>(MU)</b> – Micron instituted its first-ever dividend, with the chip maker planning to pay 10 cents per share in cash payable on October 18. Micron also said it had updated its share buyback policy to buy more when prices are low and fewer when prices are high. Micron shares gained 1.9% in the premarket.</p>\n<p><b>10)&nbsp;<a href=\"https://laohu8.com/S/SPG\">Simon Property</a> Group(SPG)</b> – Simon Property shares rose 2.8% in premarket trading after it said sales at its shopping centers returned to pre-pandemic levels in June. The largest U.S. mall owner is hoping the improved results encourage retailers to sign new leases and help it fill space vacated during the pandemic.</p>\n<p><b>11)&nbsp;<a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> Technologies(SEDG) </b>– SolarEdge reported better-than-expected earnings and revenue for its latest quarter, with the solar energy company also providing an upbeat current-quarter forecast. SolarEdge surged 11.4% in the premarket.</p>\n<p><b>12)&nbsp;Reynolds Consumer Products(REYN)</b> – Reynolds beat estimates by a penny a share, with quarterly earnings of 39 cents per share. Revenue fell short of Street forecasts, however. The maker of products like Hefty garbage bags and Reynolds Wrap said it was pleased with the results in the face of higher input costs supply chain issues. Reynolds lost 3.6% in premarket action.</p>\n<p><b>In rates,</b> treasuries drifted lower over early European session, tracking losses in bunds and gilts. The 10-year U.S. Treasury&nbsp;yield&nbsp;edged around 2bps higher after falling as low as 1.15%; the move steepened 2s10s, 5s30s by 1bp each. Higher S&amp;P futures also added pressure on rising yields, following gains across European stocks amid positive earnings results. Germany’s 10-year yield fell to its lowest since early February at -0.486%. It was last up less than a basis point at -0.47%. Its 30-year yield, which turned negative and sent the whole German yield curve into negative territory on Monday, was hovering around 0%.</p>\n<p>“There is some definite downside bias in the dollar now,” said Vasileios Gkionakis, Global Head of FX Strategy at fund manager Lombard Odier in Switzerland. “You are starting to a see a rotation of growth away from the U.S.”</p>\n<p>According to strategists the months-long advance in Treasuries which saw 10Y real yields drop to fresh record lows on Monday, points to worries that a weaker period lies ahead for the economic reopening from the health crisis, though second-quarter corporate earnings have been robust for the most part. Traders are awaiting key U.S. jobs data this week to gauge the recovery and monitoring the impact of price pressures sparked by pandemic-related disruption and bottlenecks.</p>\n<p>“I don’t think the market is concerned about delta as much as it’s concerned about how it impacts inflation,”&nbsp;Shana Sissel, Spotlight Asset Group chief investment officer, said on Bloomberg Television, referring to the coronavirus variant. “The longer we have delta spread globally, the longer the supply chain disruptions will continue.”</p>\n<p>Meanwhile, on the policy front, the tapering debate continues. Federal Reserve Governor Christopher Waller&nbsp;said&nbsp;he could back a tapering announcement by September, if the next two monthly U.S. employment reports show continued gains.</p>\n<p><b>In FX, </b>the Norwegian krone and <a href=\"https://laohu8.com/S/NGD\">New</a> Zealand’s dollar led an advance against the greenback; the Canadian dollar retreated, underperforming its peers. The euro eked out an advance to a session high of 1.1885 per dollar; the pound climbed back above $1.39 and gilts halted a three-day gain as caution reigns ahead of Bank of England’s meeting on Thursday.<b>The Australian dollar jumped after the nation’s central bank said it will stick to its tapering plan, arguing that the economy will rebound from the latest virus outbreak.</b>Traders rushed to close short positions on the Aussie after the Reserve Bank of Australia decision on Tuesday, according to Asia-based FX traders. Existing AUD/NZD flows after the RBA decision propelled New Zealand’s dollar to a new session high.</p>\n<p>Australia’s currency advanced after its central bank kept a&nbsp;plan&nbsp;to taper bond purchases despite a protracted lockdown in Sydney.</p>\n<p><b>In commodities, </b>crude oil&nbsp;reversed&nbsp;earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including in the key market of China, continues to pose a risk to demand. Brent crude was up 33 cents in London at $73.28 per barrel. U.S. crude inched up to $71.56 a barrel while gold and industrial metal copper were both slightly lower at $1,810.45 per ounce and 9,594.50 a tonne respectively.</p>\n<p>Looking at the day ahead, this morning the only data due out is the June PPI print for the Euro area. This afternoon in the US June factory orders and final June revisions for durable and capital goods orders are expected as well as July vehicle sales data. Away from that the Fed’s Bowman is due to speak this evening while it’s another busy day for earnings with the likes of BP, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>, BMW and <a href=\"https://laohu8.com/S/AMGN\">Amgen</a> amongst those reporting.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/318dced6c8505427ba4c5a73eb4a7981","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126095878","content_text":"Futures up: Dow 0.46%, S&P 0.37%, Nasdaq 0.16%.\nChinese gaming stocks listed in the U.S. slump in premarket trading.\nUnder Armour, Translate Bio, Clorox and more made the biggest moves in the premarket.\nCrude oil reversed earlier losses as sentiment improved in broader markets.\n\n(August 3) U.S. stock index futures rose on Tuesday, as an upbeat corporate earnings season and a pickup in global deals activity lifted demand for risky equities, although gains were capped by concerns around a surge in the Delta variant of the coronavirus.\nAt 08:02 a.m. ET, Dow E-minis were up 159 points, or 0.46%, S&P 500 E-minis were up 16 points, or 0.37% and Nasdaq 100 E-minis rose 24.5 points, or 0.16%.\n*Source From Tiger Trade, EST 08:02\nThe big story overnight was China's latest crackdown in which the XInhua-affiliated Economic Information Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.  \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.\nNot surprisingly, Chinese gaming stocks listed in the U.S. slump in premarket trading; among the biggest gaming-related stocks falling this morning, NetEase sinks 8.8%, Bilibili falls 6.67%, Huya declines 4.79% and DouYu International slides 5.12% as of 8:11am in New York, Other large-cap Chinese stocks are also lower in U.S. premarket trading: Alibaba -0.94%, Pinduoduo -1.2%, Baidu -0.37%, Didi -1.25%.\n\nStocks making the biggest moves in the premarket: Under Armour, Translate Bio, Clorox and more\n1) Under Armour(UAA) – Under Armour shares jumped 4.5% in the premarket, after the athletic apparel maker beat estimates on the top and bottom lines and the company raised its full-year forecast. Under Armour reported quarterly earnings of 24 cents per share, compared to a consensus estimate of 6 cents a share.\n2) Translate Bio(TBIO) – French drugmakerSanofi(SNY) agreed to buy the U.S.-based biotech company for $3.2 billion, or $38 per share in cash. Translate Bio specializes in mRNA technology, the type that was used to produce thePfizerandModernaCovid-19 vaccines. Translate Bio shares soared 29.6% in premarket trading.\n3) Clorox(CLX) – Clorox tumbled 8.6% in premarket action after the household products maker missed top and bottom line estimates for its latest quarter. Clorox’s sales fell from a year ago, when consumers stocked up on its products amid the surging pandemic.\n4) Eli Lilly(LLY) – The drugmaker’s shares lost 1.7% in premarket trading, after falling 2 cents a share shy of estimates, with quarterly earnings of $1.87 per share. Revenue beat forecasts, but Lilly’s overall results were impacted by weaker sales of Covid-19 therapies as more Americans got vaccinated.\n5) Marriott(MAR) – The hotel operator’s stock gained 1.8% in premarket trading after it reported quarterly earnings of 79 cents per share, compared to a 45 cents a share consensus estimate. Revenue more than doubled from a year ago thanks to a rebound in travel demand, though it did fall slightly short of Wall Street forecasts.\n6) Take-Two Interactive(TTWO) – Take-Two lost 4.3% premarket trading after issuing a weaker-than-expected outlook and announcing delays in new releases for some of its games. The video game producer beat estimates by 12 cents a share, with quarterly profit of $1.01 per share. Take-Two’s revenue also topped Wall Street forecasts.\n7) BP(BP) – BP surged 6.3% in premarket trading after it reported better-than-expected quarterly profit and revenue, thanks to higher oil and gas prices. The energy producer also announced a 4% dividend hike and a boost to its share buyback program.\n8) Stellantis(STLA) – Stellantis raised its full-year profit margin outlook after the automaker reported strong first-half financial results, boosted by record margins in North America. The upbeat results came despite the impact of the global chip shortage which cut production by 700,000 vehicles. The stock rallied 5.3% in the premarket.\n9) Micron Technology(MU) – Micron instituted its first-ever dividend, with the chip maker planning to pay 10 cents per share in cash payable on October 18. Micron also said it had updated its share buyback policy to buy more when prices are low and fewer when prices are high. Micron shares gained 1.9% in the premarket.\n10) Simon Property Group(SPG) – Simon Property shares rose 2.8% in premarket trading after it said sales at its shopping centers returned to pre-pandemic levels in June. The largest U.S. mall owner is hoping the improved results encourage retailers to sign new leases and help it fill space vacated during the pandemic.\n11) SolarEdge Technologies(SEDG) – SolarEdge reported better-than-expected earnings and revenue for its latest quarter, with the solar energy company also providing an upbeat current-quarter forecast. SolarEdge surged 11.4% in the premarket.\n12) Reynolds Consumer Products(REYN) – Reynolds beat estimates by a penny a share, with quarterly earnings of 39 cents per share. Revenue fell short of Street forecasts, however. The maker of products like Hefty garbage bags and Reynolds Wrap said it was pleased with the results in the face of higher input costs supply chain issues. Reynolds lost 3.6% in premarket action.\nIn rates, treasuries drifted lower over early European session, tracking losses in bunds and gilts. The 10-year U.S. Treasury yield edged around 2bps higher after falling as low as 1.15%; the move steepened 2s10s, 5s30s by 1bp each. Higher S&P futures also added pressure on rising yields, following gains across European stocks amid positive earnings results. Germany’s 10-year yield fell to its lowest since early February at -0.486%. It was last up less than a basis point at -0.47%. Its 30-year yield, which turned negative and sent the whole German yield curve into negative territory on Monday, was hovering around 0%.\n“There is some definite downside bias in the dollar now,” said Vasileios Gkionakis, Global Head of FX Strategy at fund manager Lombard Odier in Switzerland. “You are starting to a see a rotation of growth away from the U.S.”\nAccording to strategists the months-long advance in Treasuries which saw 10Y real yields drop to fresh record lows on Monday, points to worries that a weaker period lies ahead for the economic reopening from the health crisis, though second-quarter corporate earnings have been robust for the most part. Traders are awaiting key U.S. jobs data this week to gauge the recovery and monitoring the impact of price pressures sparked by pandemic-related disruption and bottlenecks.\n“I don’t think the market is concerned about delta as much as it’s concerned about how it impacts inflation,” Shana Sissel, Spotlight Asset Group chief investment officer, said on Bloomberg Television, referring to the coronavirus variant. “The longer we have delta spread globally, the longer the supply chain disruptions will continue.”\nMeanwhile, on the policy front, the tapering debate continues. Federal Reserve Governor Christopher Waller said he could back a tapering announcement by September, if the next two monthly U.S. employment reports show continued gains.\nIn FX, the Norwegian krone and New Zealand’s dollar led an advance against the greenback; the Canadian dollar retreated, underperforming its peers. The euro eked out an advance to a session high of 1.1885 per dollar; the pound climbed back above $1.39 and gilts halted a three-day gain as caution reigns ahead of Bank of England’s meeting on Thursday.The Australian dollar jumped after the nation’s central bank said it will stick to its tapering plan, arguing that the economy will rebound from the latest virus outbreak.Traders rushed to close short positions on the Aussie after the Reserve Bank of Australia decision on Tuesday, according to Asia-based FX traders. Existing AUD/NZD flows after the RBA decision propelled New Zealand’s dollar to a new session high.\nAustralia’s currency advanced after its central bank kept a plan to taper bond purchases despite a protracted lockdown in Sydney.\nIn commodities, crude oil reversed earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including in the key market of China, continues to pose a risk to demand. Brent crude was up 33 cents in London at $73.28 per barrel. U.S. crude inched up to $71.56 a barrel while gold and industrial metal copper were both slightly lower at $1,810.45 per ounce and 9,594.50 a tonne respectively.\nLooking at the day ahead, this morning the only data due out is the June PPI print for the Euro area. This afternoon in the US June factory orders and final June revisions for durable and capital goods orders are expected as well as July vehicle sales data. Away from that the Fed’s Bowman is due to speak this evening while it’s another busy day for earnings with the likes of BP, ConocoPhillips, BMW and Amgen amongst those reporting.","news_type":1},"isVote":1,"tweetType":1,"viewCount":508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":807918810,"gmtCreate":1627995970230,"gmtModify":1703499297403,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089870511727540","idStr":"4089870511727540"},"themes":[],"htmlText":"Ooo","listText":"Ooo","text":"Ooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/807918810","repostId":"2156147918","repostType":4,"isVote":1,"tweetType":1,"viewCount":803,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807911385,"gmtCreate":1627995903547,"gmtModify":1703499295780,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089870511727540","idStr":"4089870511727540"},"themes":[],"htmlText":"Wtf","listText":"Wtf","text":"Wtf","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807911385","repostId":"1126095878","repostType":4,"repost":{"id":"1126095878","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":1627991741,"share":"https://ttm.financial/m/news/1126095878?lang=&edition=fundamental","pubTime":"2021-08-03 19:55","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1126095878","media":"Tiger Newspress","summary":"Futures up: Dow 0.46%, S&P 0.37%, Nasdaq 0.16%.\nChinese gaming stocks listed in the U.S. slump in pr","content":"<ul>\n <li>Futures up: Dow 0.46%, S&amp;P 0.37%, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 0.16%.</li>\n <li>Chinese gaming stocks listed in the U.S. slump in premarket trading.</li>\n <li><a href=\"https://laohu8.com/S/UA.C\">Under Armour</a>, Translate Bio, <a href=\"https://laohu8.com/S/CLX\">Clorox</a> and more&nbsp;made&nbsp;the biggest moves in the premarket.</li>\n <li>Crude oil reversed earlier losses as sentiment improved in broader markets.</li>\n</ul>\n<p>(August 3)&nbsp;U.S. stock index futures rose on Tuesday, as an upbeat corporate earnings season and a pickup in global deals activity lifted demand for risky equities, although gains were capped by concerns around a surge in the Delta variant of the coronavirus.</p>\n<p>At 08:02 a.m. ET, Dow E-minis were up 159 points, or 0.46%, S&amp;P 500 E-minis were up 16&nbsp;points, or 0.37% and Nasdaq 100 E-minis rose 24.5 points, or 0.16%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/041b88ace41d9b6a718971a4da2e78b4\" tg-width=\"1242\" tg-height=\"484\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:02</span></p>\n<p>The big story overnight was <a href=\"https://laohu8.com/S/CAAS\">China</a>'s latest crackdown in which the XInhua-affiliated Economic <a href=\"https://laohu8.com/S/III\">Information</a> Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.&nbsp; \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.</p>\n<p>Not surprisingly, Chinese gaming stocks listed in the U.S. slump in premarket trading; among the biggest gaming-related stocks falling this morning, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> sinks 8.8%, Bilibili falls 6.67%, Huya declines 4.79% and <a href=\"https://laohu8.com/S/DOYU\">DouYu</a> International slides 5.12% as of 8:11am in <a href=\"https://laohu8.com/S/NWY\">New York</a>, Other large-cap Chinese stocks are also lower in U.S. premarket trading: <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> -0.94%, Pinduoduo -1.2%, Baidu -0.37%, Didi -1.25%.</p>\n<p><img src=\"https://static.tigerbbs.com/7d28ab254bf7e852d939886a935a67a2\" tg-width=\"373\" tg-height=\"642\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: <a href=\"https://laohu8.com/S/UA\">Under Armour</a>, Translate Bio, Clorox and more</b></p>\n<p><b>1)&nbsp;Under Armour(UAA)</b> – Under Armour shares jumped 4.5% in the premarket, after the athletic apparel maker beat estimates on the top and bottom lines and the company raised its full-year forecast. Under Armour reported quarterly earnings of 24 cents per share, compared to a consensus estimate of 6 cents a share.</p>\n<p><b>2)&nbsp;Translate Bio(TBIO)</b> – French drugmakerSanofi(SNY) agreed to buy the U.S.-based biotech company for $3.2 billion, or $38 per share in cash. Translate Bio specializes in mRNA technology, the type that was used to produce thePfizerandModernaCovid-19 vaccines. Translate Bio shares soared 29.6% in premarket trading.</p>\n<p><b>3)&nbsp;Clorox(CLX) </b>– Clorox tumbled 8.6% in premarket action after the household products maker missed top and bottom line estimates for its latest quarter. Clorox’s sales fell from a year ago, when consumers stocked up on its products amid the surging pandemic.</p>\n<p><b>4)&nbsp;Eli Lilly(LLY) </b>– The drugmaker’s shares lost 1.7% in premarket trading, after falling 2 cents a share shy of estimates, with quarterly earnings of $1.87 per share. Revenue beat forecasts, but Lilly’s overall results were impacted by weaker sales of Covid-19 therapies as more Americans got vaccinated.</p>\n<p><b>5)&nbsp;<a href=\"https://laohu8.com/S/MAR\">Marriott</a>(MAR)</b> – The hotel operator’s stock gained 1.8% in premarket trading after it reported quarterly earnings of 79 cents per share, compared to a 45 cents a share consensus estimate. Revenue more than doubled from a year ago thanks to a rebound in travel demand, though it did fall slightly short of Wall Street forecasts.</p>\n<p><b>6)&nbsp;<a href=\"https://laohu8.com/S/TTWO\">Take-Two</a> Interactive(TTWO)</b> – Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> lost 4.3% premarket trading after issuing a weaker-than-expected outlook and announcing delays in new releases for some of its games. The video game producer beat estimates by 12 cents a share, with quarterly profit of $1.01 per share. Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a>’s revenue also topped Wall Street forecasts.</p>\n<p><b>7)&nbsp;BP(BP)</b> – BP surged 6.3% in premarket trading after it reported better-than-expected quarterly profit and revenue, thanks to higher oil and gas prices. The energy producer also announced a 4% dividend hike and a boost to its share buyback program.</p>\n<p><b>8)&nbsp;Stellantis(STLA) </b>– Stellantis raised its full-year profit margin outlook after the automaker reported strong first-half financial results, boosted by record margins in North America. The upbeat results came despite the impact of the global chip shortage which cut production by 700,000 vehicles. The stock rallied 5.3% in the premarket.</p>\n<p><b>9)&nbsp;<a href=\"https://laohu8.com/S/MU\">Micron Technology</a>(MU)</b> – Micron instituted its first-ever dividend, with the chip maker planning to pay 10 cents per share in cash payable on October 18. Micron also said it had updated its share buyback policy to buy more when prices are low and fewer when prices are high. Micron shares gained 1.9% in the premarket.</p>\n<p><b>10)&nbsp;<a href=\"https://laohu8.com/S/SPG\">Simon Property</a> Group(SPG)</b> – Simon Property shares rose 2.8% in premarket trading after it said sales at its shopping centers returned to pre-pandemic levels in June. The largest U.S. mall owner is hoping the improved results encourage retailers to sign new leases and help it fill space vacated during the pandemic.</p>\n<p><b>11)&nbsp;<a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> Technologies(SEDG) </b>– SolarEdge reported better-than-expected earnings and revenue for its latest quarter, with the solar energy company also providing an upbeat current-quarter forecast. SolarEdge surged 11.4% in the premarket.</p>\n<p><b>12)&nbsp;Reynolds Consumer Products(REYN)</b> – Reynolds beat estimates by a penny a share, with quarterly earnings of 39 cents per share. Revenue fell short of Street forecasts, however. The maker of products like Hefty garbage bags and Reynolds Wrap said it was pleased with the results in the face of higher input costs supply chain issues. Reynolds lost 3.6% in premarket action.</p>\n<p><b>In rates,</b> treasuries drifted lower over early European session, tracking losses in bunds and gilts. The 10-year U.S. Treasury&nbsp;yield&nbsp;edged around 2bps higher after falling as low as 1.15%; the move steepened 2s10s, 5s30s by 1bp each. Higher S&amp;P futures also added pressure on rising yields, following gains across European stocks amid positive earnings results. Germany’s 10-year yield fell to its lowest since early February at -0.486%. It was last up less than a basis point at -0.47%. Its 30-year yield, which turned negative and sent the whole German yield curve into negative territory on Monday, was hovering around 0%.</p>\n<p>“There is some definite downside bias in the dollar now,” said Vasileios Gkionakis, Global Head of FX Strategy at fund manager Lombard Odier in Switzerland. “You are starting to a see a rotation of growth away from the U.S.”</p>\n<p>According to strategists the months-long advance in Treasuries which saw 10Y real yields drop to fresh record lows on Monday, points to worries that a weaker period lies ahead for the economic reopening from the health crisis, though second-quarter corporate earnings have been robust for the most part. Traders are awaiting key U.S. jobs data this week to gauge the recovery and monitoring the impact of price pressures sparked by pandemic-related disruption and bottlenecks.</p>\n<p>“I don’t think the market is concerned about delta as much as it’s concerned about how it impacts inflation,”&nbsp;Shana Sissel, Spotlight Asset Group chief investment officer, said on Bloomberg Television, referring to the coronavirus variant. “The longer we have delta spread globally, the longer the supply chain disruptions will continue.”</p>\n<p>Meanwhile, on the policy front, the tapering debate continues. Federal Reserve Governor Christopher Waller&nbsp;said&nbsp;he could back a tapering announcement by September, if the next two monthly U.S. employment reports show continued gains.</p>\n<p><b>In FX, </b>the Norwegian krone and <a href=\"https://laohu8.com/S/NGD\">New</a> Zealand’s dollar led an advance against the greenback; the Canadian dollar retreated, underperforming its peers. The euro eked out an advance to a session high of 1.1885 per dollar; the pound climbed back above $1.39 and gilts halted a three-day gain as caution reigns ahead of Bank of England’s meeting on Thursday.<b>The Australian dollar jumped after the nation’s central bank said it will stick to its tapering plan, arguing that the economy will rebound from the latest virus outbreak.</b>Traders rushed to close short positions on the Aussie after the Reserve Bank of Australia decision on Tuesday, according to Asia-based FX traders. Existing AUD/NZD flows after the RBA decision propelled New Zealand’s dollar to a new session high.</p>\n<p>Australia’s currency advanced after its central bank kept a&nbsp;plan&nbsp;to taper bond purchases despite a protracted lockdown in Sydney.</p>\n<p><b>In commodities, </b>crude oil&nbsp;reversed&nbsp;earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including in the key market of China, continues to pose a risk to demand. Brent crude was up 33 cents in London at $73.28 per barrel. U.S. crude inched up to $71.56 a barrel while gold and industrial metal copper were both slightly lower at $1,810.45 per ounce and 9,594.50 a tonne respectively.</p>\n<p>Looking at the day ahead, this morning the only data due out is the June PPI print for the Euro area. This afternoon in the US June factory orders and final June revisions for durable and capital goods orders are expected as well as July vehicle sales data. Away from that the Fed’s Bowman is due to speak this evening while it’s another busy day for earnings with the likes of BP, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>, BMW and <a href=\"https://laohu8.com/S/AMGN\">Amgen</a> amongst those reporting.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-03 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Futures up: Dow 0.46%, S&amp;P 0.37%, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 0.16%.</li>\n <li>Chinese gaming stocks listed in the U.S. slump in premarket trading.</li>\n <li><a href=\"https://laohu8.com/S/UA.C\">Under Armour</a>, Translate Bio, <a href=\"https://laohu8.com/S/CLX\">Clorox</a> and more&nbsp;made&nbsp;the biggest moves in the premarket.</li>\n <li>Crude oil reversed earlier losses as sentiment improved in broader markets.</li>\n</ul>\n<p>(August 3)&nbsp;U.S. stock index futures rose on Tuesday, as an upbeat corporate earnings season and a pickup in global deals activity lifted demand for risky equities, although gains were capped by concerns around a surge in the Delta variant of the coronavirus.</p>\n<p>At 08:02 a.m. ET, Dow E-minis were up 159 points, or 0.46%, S&amp;P 500 E-minis were up 16&nbsp;points, or 0.37% and Nasdaq 100 E-minis rose 24.5 points, or 0.16%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/041b88ace41d9b6a718971a4da2e78b4\" tg-width=\"1242\" tg-height=\"484\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:02</span></p>\n<p>The big story overnight was <a href=\"https://laohu8.com/S/CAAS\">China</a>'s latest crackdown in which the XInhua-affiliated Economic <a href=\"https://laohu8.com/S/III\">Information</a> Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.&nbsp; \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.</p>\n<p>Not surprisingly, Chinese gaming stocks listed in the U.S. slump in premarket trading; among the biggest gaming-related stocks falling this morning, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> sinks 8.8%, Bilibili falls 6.67%, Huya declines 4.79% and <a href=\"https://laohu8.com/S/DOYU\">DouYu</a> International slides 5.12% as of 8:11am in <a href=\"https://laohu8.com/S/NWY\">New York</a>, Other large-cap Chinese stocks are also lower in U.S. premarket trading: <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> -0.94%, Pinduoduo -1.2%, Baidu -0.37%, Didi -1.25%.</p>\n<p><img src=\"https://static.tigerbbs.com/7d28ab254bf7e852d939886a935a67a2\" tg-width=\"373\" tg-height=\"642\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: <a href=\"https://laohu8.com/S/UA\">Under Armour</a>, Translate Bio, Clorox and more</b></p>\n<p><b>1)&nbsp;Under Armour(UAA)</b> – Under Armour shares jumped 4.5% in the premarket, after the athletic apparel maker beat estimates on the top and bottom lines and the company raised its full-year forecast. Under Armour reported quarterly earnings of 24 cents per share, compared to a consensus estimate of 6 cents a share.</p>\n<p><b>2)&nbsp;Translate Bio(TBIO)</b> – French drugmakerSanofi(SNY) agreed to buy the U.S.-based biotech company for $3.2 billion, or $38 per share in cash. Translate Bio specializes in mRNA technology, the type that was used to produce thePfizerandModernaCovid-19 vaccines. Translate Bio shares soared 29.6% in premarket trading.</p>\n<p><b>3)&nbsp;Clorox(CLX) </b>– Clorox tumbled 8.6% in premarket action after the household products maker missed top and bottom line estimates for its latest quarter. Clorox’s sales fell from a year ago, when consumers stocked up on its products amid the surging pandemic.</p>\n<p><b>4)&nbsp;Eli Lilly(LLY) </b>– The drugmaker’s shares lost 1.7% in premarket trading, after falling 2 cents a share shy of estimates, with quarterly earnings of $1.87 per share. Revenue beat forecasts, but Lilly’s overall results were impacted by weaker sales of Covid-19 therapies as more Americans got vaccinated.</p>\n<p><b>5)&nbsp;<a href=\"https://laohu8.com/S/MAR\">Marriott</a>(MAR)</b> – The hotel operator’s stock gained 1.8% in premarket trading after it reported quarterly earnings of 79 cents per share, compared to a 45 cents a share consensus estimate. Revenue more than doubled from a year ago thanks to a rebound in travel demand, though it did fall slightly short of Wall Street forecasts.</p>\n<p><b>6)&nbsp;<a href=\"https://laohu8.com/S/TTWO\">Take-Two</a> Interactive(TTWO)</b> – Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> lost 4.3% premarket trading after issuing a weaker-than-expected outlook and announcing delays in new releases for some of its games. The video game producer beat estimates by 12 cents a share, with quarterly profit of $1.01 per share. Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a>’s revenue also topped Wall Street forecasts.</p>\n<p><b>7)&nbsp;BP(BP)</b> – BP surged 6.3% in premarket trading after it reported better-than-expected quarterly profit and revenue, thanks to higher oil and gas prices. The energy producer also announced a 4% dividend hike and a boost to its share buyback program.</p>\n<p><b>8)&nbsp;Stellantis(STLA) </b>– Stellantis raised its full-year profit margin outlook after the automaker reported strong first-half financial results, boosted by record margins in North America. The upbeat results came despite the impact of the global chip shortage which cut production by 700,000 vehicles. The stock rallied 5.3% in the premarket.</p>\n<p><b>9)&nbsp;<a href=\"https://laohu8.com/S/MU\">Micron Technology</a>(MU)</b> – Micron instituted its first-ever dividend, with the chip maker planning to pay 10 cents per share in cash payable on October 18. Micron also said it had updated its share buyback policy to buy more when prices are low and fewer when prices are high. Micron shares gained 1.9% in the premarket.</p>\n<p><b>10)&nbsp;<a href=\"https://laohu8.com/S/SPG\">Simon Property</a> Group(SPG)</b> – Simon Property shares rose 2.8% in premarket trading after it said sales at its shopping centers returned to pre-pandemic levels in June. The largest U.S. mall owner is hoping the improved results encourage retailers to sign new leases and help it fill space vacated during the pandemic.</p>\n<p><b>11)&nbsp;<a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> Technologies(SEDG) </b>– SolarEdge reported better-than-expected earnings and revenue for its latest quarter, with the solar energy company also providing an upbeat current-quarter forecast. SolarEdge surged 11.4% in the premarket.</p>\n<p><b>12)&nbsp;Reynolds Consumer Products(REYN)</b> – Reynolds beat estimates by a penny a share, with quarterly earnings of 39 cents per share. Revenue fell short of Street forecasts, however. The maker of products like Hefty garbage bags and Reynolds Wrap said it was pleased with the results in the face of higher input costs supply chain issues. Reynolds lost 3.6% in premarket action.</p>\n<p><b>In rates,</b> treasuries drifted lower over early European session, tracking losses in bunds and gilts. The 10-year U.S. Treasury&nbsp;yield&nbsp;edged around 2bps higher after falling as low as 1.15%; the move steepened 2s10s, 5s30s by 1bp each. Higher S&amp;P futures also added pressure on rising yields, following gains across European stocks amid positive earnings results. Germany’s 10-year yield fell to its lowest since early February at -0.486%. It was last up less than a basis point at -0.47%. Its 30-year yield, which turned negative and sent the whole German yield curve into negative territory on Monday, was hovering around 0%.</p>\n<p>“There is some definite downside bias in the dollar now,” said Vasileios Gkionakis, Global Head of FX Strategy at fund manager Lombard Odier in Switzerland. “You are starting to a see a rotation of growth away from the U.S.”</p>\n<p>According to strategists the months-long advance in Treasuries which saw 10Y real yields drop to fresh record lows on Monday, points to worries that a weaker period lies ahead for the economic reopening from the health crisis, though second-quarter corporate earnings have been robust for the most part. Traders are awaiting key U.S. jobs data this week to gauge the recovery and monitoring the impact of price pressures sparked by pandemic-related disruption and bottlenecks.</p>\n<p>“I don’t think the market is concerned about delta as much as it’s concerned about how it impacts inflation,”&nbsp;Shana Sissel, Spotlight Asset Group chief investment officer, said on Bloomberg Television, referring to the coronavirus variant. “The longer we have delta spread globally, the longer the supply chain disruptions will continue.”</p>\n<p>Meanwhile, on the policy front, the tapering debate continues. Federal Reserve Governor Christopher Waller&nbsp;said&nbsp;he could back a tapering announcement by September, if the next two monthly U.S. employment reports show continued gains.</p>\n<p><b>In FX, </b>the Norwegian krone and <a href=\"https://laohu8.com/S/NGD\">New</a> Zealand’s dollar led an advance against the greenback; the Canadian dollar retreated, underperforming its peers. The euro eked out an advance to a session high of 1.1885 per dollar; the pound climbed back above $1.39 and gilts halted a three-day gain as caution reigns ahead of Bank of England’s meeting on Thursday.<b>The Australian dollar jumped after the nation’s central bank said it will stick to its tapering plan, arguing that the economy will rebound from the latest virus outbreak.</b>Traders rushed to close short positions on the Aussie after the Reserve Bank of Australia decision on Tuesday, according to Asia-based FX traders. Existing AUD/NZD flows after the RBA decision propelled New Zealand’s dollar to a new session high.</p>\n<p>Australia’s currency advanced after its central bank kept a&nbsp;plan&nbsp;to taper bond purchases despite a protracted lockdown in Sydney.</p>\n<p><b>In commodities, </b>crude oil&nbsp;reversed&nbsp;earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including in the key market of China, continues to pose a risk to demand. Brent crude was up 33 cents in London at $73.28 per barrel. U.S. crude inched up to $71.56 a barrel while gold and industrial metal copper were both slightly lower at $1,810.45 per ounce and 9,594.50 a tonne respectively.</p>\n<p>Looking at the day ahead, this morning the only data due out is the June PPI print for the Euro area. This afternoon in the US June factory orders and final June revisions for durable and capital goods orders are expected as well as July vehicle sales data. Away from that the Fed’s Bowman is due to speak this evening while it’s another busy day for earnings with the likes of BP, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>, BMW and <a href=\"https://laohu8.com/S/AMGN\">Amgen</a> amongst those reporting.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/318dced6c8505427ba4c5a73eb4a7981","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126095878","content_text":"Futures up: Dow 0.46%, S&P 0.37%, Nasdaq 0.16%.\nChinese gaming stocks listed in the U.S. slump in premarket trading.\nUnder Armour, Translate Bio, Clorox and more made the biggest moves in the premarket.\nCrude oil reversed earlier losses as sentiment improved in broader markets.\n\n(August 3) U.S. stock index futures rose on Tuesday, as an upbeat corporate earnings season and a pickup in global deals activity lifted demand for risky equities, although gains were capped by concerns around a surge in the Delta variant of the coronavirus.\nAt 08:02 a.m. ET, Dow E-minis were up 159 points, or 0.46%, S&P 500 E-minis were up 16 points, or 0.37% and Nasdaq 100 E-minis rose 24.5 points, or 0.16%.\n*Source From Tiger Trade, EST 08:02\nThe big story overnight was China's latest crackdown in which the XInhua-affiliated Economic Information Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.  \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.\nNot surprisingly, Chinese gaming stocks listed in the U.S. slump in premarket trading; among the biggest gaming-related stocks falling this morning, NetEase sinks 8.8%, Bilibili falls 6.67%, Huya declines 4.79% and DouYu International slides 5.12% as of 8:11am in New York, Other large-cap Chinese stocks are also lower in U.S. premarket trading: Alibaba -0.94%, Pinduoduo -1.2%, Baidu -0.37%, Didi -1.25%.\n\nStocks making the biggest moves in the premarket: Under Armour, Translate Bio, Clorox and more\n1) Under Armour(UAA) – Under Armour shares jumped 4.5% in the premarket, after the athletic apparel maker beat estimates on the top and bottom lines and the company raised its full-year forecast. Under Armour reported quarterly earnings of 24 cents per share, compared to a consensus estimate of 6 cents a share.\n2) Translate Bio(TBIO) – French drugmakerSanofi(SNY) agreed to buy the U.S.-based biotech company for $3.2 billion, or $38 per share in cash. Translate Bio specializes in mRNA technology, the type that was used to produce thePfizerandModernaCovid-19 vaccines. Translate Bio shares soared 29.6% in premarket trading.\n3) Clorox(CLX) – Clorox tumbled 8.6% in premarket action after the household products maker missed top and bottom line estimates for its latest quarter. Clorox’s sales fell from a year ago, when consumers stocked up on its products amid the surging pandemic.\n4) Eli Lilly(LLY) – The drugmaker’s shares lost 1.7% in premarket trading, after falling 2 cents a share shy of estimates, with quarterly earnings of $1.87 per share. Revenue beat forecasts, but Lilly’s overall results were impacted by weaker sales of Covid-19 therapies as more Americans got vaccinated.\n5) Marriott(MAR) – The hotel operator’s stock gained 1.8% in premarket trading after it reported quarterly earnings of 79 cents per share, compared to a 45 cents a share consensus estimate. Revenue more than doubled from a year ago thanks to a rebound in travel demand, though it did fall slightly short of Wall Street forecasts.\n6) Take-Two Interactive(TTWO) – Take-Two lost 4.3% premarket trading after issuing a weaker-than-expected outlook and announcing delays in new releases for some of its games. The video game producer beat estimates by 12 cents a share, with quarterly profit of $1.01 per share. Take-Two’s revenue also topped Wall Street forecasts.\n7) BP(BP) – BP surged 6.3% in premarket trading after it reported better-than-expected quarterly profit and revenue, thanks to higher oil and gas prices. The energy producer also announced a 4% dividend hike and a boost to its share buyback program.\n8) Stellantis(STLA) – Stellantis raised its full-year profit margin outlook after the automaker reported strong first-half financial results, boosted by record margins in North America. The upbeat results came despite the impact of the global chip shortage which cut production by 700,000 vehicles. The stock rallied 5.3% in the premarket.\n9) Micron Technology(MU) – Micron instituted its first-ever dividend, with the chip maker planning to pay 10 cents per share in cash payable on October 18. Micron also said it had updated its share buyback policy to buy more when prices are low and fewer when prices are high. Micron shares gained 1.9% in the premarket.\n10) Simon Property Group(SPG) – Simon Property shares rose 2.8% in premarket trading after it said sales at its shopping centers returned to pre-pandemic levels in June. The largest U.S. mall owner is hoping the improved results encourage retailers to sign new leases and help it fill space vacated during the pandemic.\n11) SolarEdge Technologies(SEDG) – SolarEdge reported better-than-expected earnings and revenue for its latest quarter, with the solar energy company also providing an upbeat current-quarter forecast. SolarEdge surged 11.4% in the premarket.\n12) Reynolds Consumer Products(REYN) – Reynolds beat estimates by a penny a share, with quarterly earnings of 39 cents per share. Revenue fell short of Street forecasts, however. The maker of products like Hefty garbage bags and Reynolds Wrap said it was pleased with the results in the face of higher input costs supply chain issues. Reynolds lost 3.6% in premarket action.\nIn rates, treasuries drifted lower over early European session, tracking losses in bunds and gilts. The 10-year U.S. Treasury yield edged around 2bps higher after falling as low as 1.15%; the move steepened 2s10s, 5s30s by 1bp each. Higher S&P futures also added pressure on rising yields, following gains across European stocks amid positive earnings results. Germany’s 10-year yield fell to its lowest since early February at -0.486%. It was last up less than a basis point at -0.47%. Its 30-year yield, which turned negative and sent the whole German yield curve into negative territory on Monday, was hovering around 0%.\n“There is some definite downside bias in the dollar now,” said Vasileios Gkionakis, Global Head of FX Strategy at fund manager Lombard Odier in Switzerland. “You are starting to a see a rotation of growth away from the U.S.”\nAccording to strategists the months-long advance in Treasuries which saw 10Y real yields drop to fresh record lows on Monday, points to worries that a weaker period lies ahead for the economic reopening from the health crisis, though second-quarter corporate earnings have been robust for the most part. Traders are awaiting key U.S. jobs data this week to gauge the recovery and monitoring the impact of price pressures sparked by pandemic-related disruption and bottlenecks.\n“I don’t think the market is concerned about delta as much as it’s concerned about how it impacts inflation,” Shana Sissel, Spotlight Asset Group chief investment officer, said on Bloomberg Television, referring to the coronavirus variant. “The longer we have delta spread globally, the longer the supply chain disruptions will continue.”\nMeanwhile, on the policy front, the tapering debate continues. Federal Reserve Governor Christopher Waller said he could back a tapering announcement by September, if the next two monthly U.S. employment reports show continued gains.\nIn FX, the Norwegian krone and New Zealand’s dollar led an advance against the greenback; the Canadian dollar retreated, underperforming its peers. The euro eked out an advance to a session high of 1.1885 per dollar; the pound climbed back above $1.39 and gilts halted a three-day gain as caution reigns ahead of Bank of England’s meeting on Thursday.The Australian dollar jumped after the nation’s central bank said it will stick to its tapering plan, arguing that the economy will rebound from the latest virus outbreak.Traders rushed to close short positions on the Aussie after the Reserve Bank of Australia decision on Tuesday, according to Asia-based FX traders. Existing AUD/NZD flows after the RBA decision propelled New Zealand’s dollar to a new session high.\nAustralia’s currency advanced after its central bank kept a plan to taper bond purchases despite a protracted lockdown in Sydney.\nIn commodities, crude oil reversed earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including in the key market of China, continues to pose a risk to demand. Brent crude was up 33 cents in London at $73.28 per barrel. U.S. crude inched up to $71.56 a barrel while gold and industrial metal copper were both slightly lower at $1,810.45 per ounce and 9,594.50 a tonne respectively.\nLooking at the day ahead, this morning the only data due out is the June PPI print for the Euro area. This afternoon in the US June factory orders and final June revisions for durable and capital goods orders are expected as well as July vehicle sales data. Away from that the Fed’s Bowman is due to speak this evening while it’s another busy day for earnings with the likes of BP, ConocoPhillips, BMW and Amgen amongst those reporting.","news_type":1},"isVote":1,"tweetType":1,"viewCount":547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890052446,"gmtCreate":1628069725885,"gmtModify":1703500629913,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089870511727540","idStr":"4089870511727540"},"themes":[],"htmlText":"No","listText":"No","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/890052446","repostId":"1115159207","repostType":2,"repost":{"id":"1115159207","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":1628067303,"share":"https://ttm.financial/m/news/1115159207?lang=&edition=fundamental","pubTime":"2021-08-04 16:55","market":"us","language":"en","title":"Can Amazon stock take off again?","url":"https://stock-news.laohu8.com/highlight/detail?id=1115159207","media":"Tiger Newspress","summary":"Amazon.com, Inc. reported earnings last week and caught investors off-guard. In a seemingly rare mov","content":"<p>Amazon.com, Inc. reported earnings last week and caught investors off-guard. In a seemingly rare move, the company missed revenue estimates, sinking the stock on Friday. Amazon shares closed down 7.6%, erasing nearly $120 billion of market value.</p>\n<p>However, the real shock came when Amazon voiced its expectations of much slower sales growth in the third quarter of 2021. Gross revenues are expected to grow 10% to 16% next quarter. On the surface, that sounds great, but it's a clear slowdown indicating that perhaps the pandemic tailwind is over. Quarter-over-quarter and year-over-year comps will be difficult to beat now that people are trying to return to normal.</p>\n<p><b>The Earning report shows:</b></p>\n<p>During the three-month period ended June 30, the company reported a profit of $7.78 billion, or $15.12 per share, compared with $5.24 billion, or $10.30 a share, during the year-ago period. Revenue jumped 27% to $113.08 billion.</p>\n<p>Analysts surveyed by FactSet on average expected $115.42 billion in quarterly revenue and per-share earnings of $12.28.</p>\n<p>Amazon said that revenue will be in the range of $106 billion to $112 billion for the third quarter. Analysts were looking for $119.3 billion.</p>\n<h4>The Sequelae of Pandemic</h4>\n<p>Amazon is one of the few retailers that has prospered during the pandemic. As physical stores selling non-essential goods like clothing temporarily or permanently closed, people stuck at home turned to Amazon for everything from groceries tp cleaning supplies.</p>\n<p>Chief Financial Officer Brian Olsavsky said the slowdown in sales growth is a result of the company lapping against last year’s huge pandemic-induced COVID-19 shopping binges. The slowdown also reflects that people, particularly in Europe and the U.S., are more mobile and are doing other things besides shopping online, he added.</p>\n<p>Olsavsky noted that Amazon's revenue growth rate had hovered around 20% before the pandemic and then surged to 40% for much of the last year. By mid-May of this year, as it lapped that strong growth period and its customers began to return to their pre-pandemic routines, revenue growth fell to the mid-teens, which explains the third-quarter guidance at the same pace.</p>\n<p>Olsavsky also warned that that pattern would continue for the next few quarters due to difficult comparisons. Beyond that, however, there's another challenge facing Amazon.</p>\n<p>Amazon brought in $386 billion in revenue last year, and analysts expect the company to do close to $500 billion in revenue this year. Maintaining its 20% growth rate at that level will be a difficult feat.</p>\n<p>Growth rates tend to slow down as businesses get bigger, a rule of thumb known as the law of large numbers, and growing 20% from a $500 billion base would mean adding another $100 billion in revenue in just a year. Amazon did manage to do that last year with the help of the pandemic, but fewer than 30 companies in the U.S. generate that much in revenue annually.</p>\n<p>Currently, Amazon is the biggest company in the world by revenue behind only Walmart, and it could pass the retail giant as soon as next year. At $500 billion, Amazon will claim 2% of the roughly $25 trillion in retail sales in the world. Eventually, its growth rate will slow, though it's a testament to the company's business strategy and customer-centric approach that it's been able to grow so much so fast.</p>\n<h4>The New Hope</h4>\n<p>Even if Amazon's revenue growth falls under 20%, the stock story is shifting to profit growth. After it operated near break-even for much of its history, Amazon's high-margin businesses like Amazon Web Services, third-party marketplace, and advertising are delivering huge gains on the bottom line. Sales for the cloud unit totaled $14.8 billion in the second quarter, a 37% increase from a year earlier.</p>\n<p>Amazon has also become a dominant force in advertising behind Google and Facebook Inc. The company’s ad unit, which has been expanding at a high double-digit clip. grew 87% year-over-year in the second quarter.</p>\n<p>Its profits will ultimately determine the stock's value, and its profit growth should remain strong, given the momentum in those high-margin businesses. If earnings per share continue to surge, the stock will follow suit as the price-to-earnings ratio has already fallen under 60.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Amazon stock take off again?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan Amazon stock take off again?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-04 16:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Amazon.com, Inc. reported earnings last week and caught investors off-guard. In a seemingly rare move, the company missed revenue estimates, sinking the stock on Friday. Amazon shares closed down 7.6%, erasing nearly $120 billion of market value.</p>\n<p>However, the real shock came when Amazon voiced its expectations of much slower sales growth in the third quarter of 2021. Gross revenues are expected to grow 10% to 16% next quarter. On the surface, that sounds great, but it's a clear slowdown indicating that perhaps the pandemic tailwind is over. Quarter-over-quarter and year-over-year comps will be difficult to beat now that people are trying to return to normal.</p>\n<p><b>The Earning report shows:</b></p>\n<p>During the three-month period ended June 30, the company reported a profit of $7.78 billion, or $15.12 per share, compared with $5.24 billion, or $10.30 a share, during the year-ago period. Revenue jumped 27% to $113.08 billion.</p>\n<p>Analysts surveyed by FactSet on average expected $115.42 billion in quarterly revenue and per-share earnings of $12.28.</p>\n<p>Amazon said that revenue will be in the range of $106 billion to $112 billion for the third quarter. Analysts were looking for $119.3 billion.</p>\n<h4>The Sequelae of Pandemic</h4>\n<p>Amazon is one of the few retailers that has prospered during the pandemic. As physical stores selling non-essential goods like clothing temporarily or permanently closed, people stuck at home turned to Amazon for everything from groceries tp cleaning supplies.</p>\n<p>Chief Financial Officer Brian Olsavsky said the slowdown in sales growth is a result of the company lapping against last year’s huge pandemic-induced COVID-19 shopping binges. The slowdown also reflects that people, particularly in Europe and the U.S., are more mobile and are doing other things besides shopping online, he added.</p>\n<p>Olsavsky noted that Amazon's revenue growth rate had hovered around 20% before the pandemic and then surged to 40% for much of the last year. By mid-May of this year, as it lapped that strong growth period and its customers began to return to their pre-pandemic routines, revenue growth fell to the mid-teens, which explains the third-quarter guidance at the same pace.</p>\n<p>Olsavsky also warned that that pattern would continue for the next few quarters due to difficult comparisons. Beyond that, however, there's another challenge facing Amazon.</p>\n<p>Amazon brought in $386 billion in revenue last year, and analysts expect the company to do close to $500 billion in revenue this year. Maintaining its 20% growth rate at that level will be a difficult feat.</p>\n<p>Growth rates tend to slow down as businesses get bigger, a rule of thumb known as the law of large numbers, and growing 20% from a $500 billion base would mean adding another $100 billion in revenue in just a year. Amazon did manage to do that last year with the help of the pandemic, but fewer than 30 companies in the U.S. generate that much in revenue annually.</p>\n<p>Currently, Amazon is the biggest company in the world by revenue behind only Walmart, and it could pass the retail giant as soon as next year. At $500 billion, Amazon will claim 2% of the roughly $25 trillion in retail sales in the world. Eventually, its growth rate will slow, though it's a testament to the company's business strategy and customer-centric approach that it's been able to grow so much so fast.</p>\n<h4>The New Hope</h4>\n<p>Even if Amazon's revenue growth falls under 20%, the stock story is shifting to profit growth. After it operated near break-even for much of its history, Amazon's high-margin businesses like Amazon Web Services, third-party marketplace, and advertising are delivering huge gains on the bottom line. Sales for the cloud unit totaled $14.8 billion in the second quarter, a 37% increase from a year earlier.</p>\n<p>Amazon has also become a dominant force in advertising behind Google and Facebook Inc. The company’s ad unit, which has been expanding at a high double-digit clip. grew 87% year-over-year in the second quarter.</p>\n<p>Its profits will ultimately determine the stock's value, and its profit growth should remain strong, given the momentum in those high-margin businesses. If earnings per share continue to surge, the stock will follow suit as the price-to-earnings ratio has already fallen under 60.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115159207","content_text":"Amazon.com, Inc. reported earnings last week and caught investors off-guard. In a seemingly rare move, the company missed revenue estimates, sinking the stock on Friday. Amazon shares closed down 7.6%, erasing nearly $120 billion of market value.\nHowever, the real shock came when Amazon voiced its expectations of much slower sales growth in the third quarter of 2021. Gross revenues are expected to grow 10% to 16% next quarter. On the surface, that sounds great, but it's a clear slowdown indicating that perhaps the pandemic tailwind is over. Quarter-over-quarter and year-over-year comps will be difficult to beat now that people are trying to return to normal.\nThe Earning report shows:\nDuring the three-month period ended June 30, the company reported a profit of $7.78 billion, or $15.12 per share, compared with $5.24 billion, or $10.30 a share, during the year-ago period. Revenue jumped 27% to $113.08 billion.\nAnalysts surveyed by FactSet on average expected $115.42 billion in quarterly revenue and per-share earnings of $12.28.\nAmazon said that revenue will be in the range of $106 billion to $112 billion for the third quarter. Analysts were looking for $119.3 billion.\nThe Sequelae of Pandemic\nAmazon is one of the few retailers that has prospered during the pandemic. As physical stores selling non-essential goods like clothing temporarily or permanently closed, people stuck at home turned to Amazon for everything from groceries tp cleaning supplies.\nChief Financial Officer Brian Olsavsky said the slowdown in sales growth is a result of the company lapping against last year’s huge pandemic-induced COVID-19 shopping binges. The slowdown also reflects that people, particularly in Europe and the U.S., are more mobile and are doing other things besides shopping online, he added.\nOlsavsky noted that Amazon's revenue growth rate had hovered around 20% before the pandemic and then surged to 40% for much of the last year. By mid-May of this year, as it lapped that strong growth period and its customers began to return to their pre-pandemic routines, revenue growth fell to the mid-teens, which explains the third-quarter guidance at the same pace.\nOlsavsky also warned that that pattern would continue for the next few quarters due to difficult comparisons. Beyond that, however, there's another challenge facing Amazon.\nAmazon brought in $386 billion in revenue last year, and analysts expect the company to do close to $500 billion in revenue this year. Maintaining its 20% growth rate at that level will be a difficult feat.\nGrowth rates tend to slow down as businesses get bigger, a rule of thumb known as the law of large numbers, and growing 20% from a $500 billion base would mean adding another $100 billion in revenue in just a year. Amazon did manage to do that last year with the help of the pandemic, but fewer than 30 companies in the U.S. generate that much in revenue annually.\nCurrently, Amazon is the biggest company in the world by revenue behind only Walmart, and it could pass the retail giant as soon as next year. At $500 billion, Amazon will claim 2% of the roughly $25 trillion in retail sales in the world. Eventually, its growth rate will slow, though it's a testament to the company's business strategy and customer-centric approach that it's been able to grow so much so fast.\nThe New Hope\nEven if Amazon's revenue growth falls under 20%, the stock story is shifting to profit growth. After it operated near break-even for much of its history, Amazon's high-margin businesses like Amazon Web Services, third-party marketplace, and advertising are delivering huge gains on the bottom line. Sales for the cloud unit totaled $14.8 billion in the second quarter, a 37% increase from a year earlier.\nAmazon has also become a dominant force in advertising behind Google and Facebook Inc. The company’s ad unit, which has been expanding at a high double-digit clip. grew 87% year-over-year in the second quarter.\nIts profits will ultimately determine the stock's value, and its profit growth should remain strong, given the momentum in those high-margin businesses. If earnings per share continue to surge, the stock will follow suit as the price-to-earnings ratio has already fallen under 60.","news_type":1},"isVote":1,"tweetType":1,"viewCount":884,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890055743,"gmtCreate":1628069830182,"gmtModify":1703500631932,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089870511727540","idStr":"4089870511727540"},"themes":[],"htmlText":"Scam","listText":"Scam","text":"Scam","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/890055743","repostId":"1180549619","repostType":2,"repost":{"id":"1180549619","pubTimestamp":1628066563,"share":"https://ttm.financial/m/news/1180549619?lang=&edition=fundamental","pubTime":"2021-08-04 16:42","market":"us","language":"en","title":"Tesla Raises Prices Again - Here Are the Changes","url":"https://stock-news.laohu8.com/highlight/detail?id=1180549619","media":"The Street","summary":"Tesla continues to raise vehicle prices. Here are the latest changes to start off August.\n\nThroughou","content":"<blockquote>\n Tesla continues to raise vehicle prices. Here are the latest changes to start off August.\n</blockquote>\n<p>Throughout the year, Tesla has consistently been raising prices across their vehicle lineup. A few days into the third quarter, the trend has continued. The latest price increases are to the<b>Model S</b>and<b>Model X</b>.</p>\n<p><b>Changes</b></p>\n<p>Long Range Model S price increased by<b>$5,000</b>, from $84,990 to $89,990.</p>\n<p>Long Range Model X price increased by<b>$5,000</b>, from $94,990 to $99,990.</p>\n<p>Tesla did not adjust pricing on the Plaid versions of S/X. Model 3 and Model Y prices were unchanged. The table below shows Tesla's price adjustments in the US this year.</p>\n<p><img src=\"https://static.tigerbbs.com/eec692db083dbbfbcaccb65bacc1a05c\" tg-width=\"700\" tg-height=\"201\" width=\"100%\" height=\"auto\"><i>Q1 adjustments are hidden due to space constraints.</i></p>\n<p>While it had not been entirely clear whether Tesla's continued price increases were due to rising costs, rising demand, or both, Tesla'sstrong Q2 earnings report&nbsp;suggests the adjustments are more of a reflection on demand. Tesla CFO Zach Kirkhorn noted that Q2 resulted in Tesla's best automotive gross margin (excluding regulatory credit sales) since the introduction of the Model 3.</p>\n<p>Tesla did acknowledge losses on the Model S and Model X lineup in both the first and second quarters of 2021, but the losses were primarily due to low levels of production as Tesla ramps up following the refresh of both vehicles.</p>\n<p>Currently, Tesla estimates new orders for Long Range Model S and Model X won't be fulfilled until February-March of next year. With such a long order backlog, Tesla is in a strong position to raise prices.</p>","source":"lsy1610613172068","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 Raises Prices Again - Here Are the Changes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n Tesla Raises Prices Again - Here Are the Changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 16:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/tesla/news/tesla-raises-prices-again-august-week-1><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla continues to raise vehicle prices. Here are the latest changes to start off August.\n\nThroughout the year, Tesla has consistently been raising prices across their vehicle lineup. A few days into ...</p>\n\n<a href=\"https://www.thestreet.com/tesla/news/tesla-raises-prices-again-august-week-1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.thestreet.com/tesla/news/tesla-raises-prices-again-august-week-1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180549619","content_text":"Tesla continues to raise vehicle prices. Here are the latest changes to start off August.\n\nThroughout the year, Tesla has consistently been raising prices across their vehicle lineup. A few days into the third quarter, the trend has continued. The latest price increases are to theModel SandModel X.\nChanges\nLong Range Model S price increased by$5,000, from $84,990 to $89,990.\nLong Range Model X price increased by$5,000, from $94,990 to $99,990.\nTesla did not adjust pricing on the Plaid versions of S/X. Model 3 and Model Y prices were unchanged. The table below shows Tesla's price adjustments in the US this year.\nQ1 adjustments are hidden due to space constraints.\nWhile it had not been entirely clear whether Tesla's continued price increases were due to rising costs, rising demand, or both, Tesla'sstrong Q2 earnings report suggests the adjustments are more of a reflection on demand. Tesla CFO Zach Kirkhorn noted that Q2 resulted in Tesla's best automotive gross margin (excluding regulatory credit sales) since the introduction of the Model 3.\nTesla did acknowledge losses on the Model S and Model X lineup in both the first and second quarters of 2021, but the losses were primarily due to low levels of production as Tesla ramps up following the refresh of both vehicles.\nCurrently, Tesla estimates new orders for Long Range Model S and Model X won't be fulfilled until February-March of next year. With such a long order backlog, Tesla is in a strong position to raise prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9036238745,"gmtCreate":1647100304986,"gmtModify":1676534195009,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089870511727540","idStr":"4089870511727540"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9036238745","repostId":"2218427692","repostType":2,"repost":{"id":"2218427692","pubTimestamp":1647093600,"share":"https://ttm.financial/m/news/2218427692?lang=&edition=fundamental","pubTime":"2022-03-12 22:00","market":"us","language":"en","title":"Why Buying A Rental Property In 2022 Could Be A Smart Investment","url":"https://stock-news.laohu8.com/highlight/detail?id=2218427692","media":"seekingalpha","summary":"LifestyleVisuals/iStock via Getty Images If you have followed my articles for a while, you probably ","content":"<html><body><p><figure><picture><img height=\"1024px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1313368796/image_1313368796.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1313368796/image_1313368796.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1313368796/image_1313368796.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1313368796/image_1313368796.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1313368796/image_1313368796.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1313368796/image_1313368796.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1313368796/image_1313368796.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1313368796/image_1313368796.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1313368796/image_1313368796.jpg?io=getty-c-w240 240w\" width=\"1536px\"/></picture><figcaption><p>LifestyleVisuals/iStock via Getty Images</p></figcaption></figure></p> <p>If you have followed my articles for a while, you probably know that I am generally against the idea of buying rental properties.</p> <p>I believe that most investors underestimate risks, overestimate returns, and forget to consider the negative impact that owning a rental property can have on your lifestyle, career, and even your health.</p><div></div> <p>Beyond that, several studies have shown that publicly listed REITs (VNQ) outperform private real estate over multi-decade time periods, and this makes sense when you consider that REITs enjoy significant economies of scale, are managed by the brightest in this industry, have better capital, relationships with tenants, and I pass on many other reasons:</p> <p><figure><picture><img loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2019/11/16/47644028-15739595671428397.png\"/></picture><figcaption><p>REITs outperform private real estate (OTC:EPRA)</p></figcaption></figure> <figure><picture><img hspace=\"6\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2019/11/16/47644028-15739595670549016.jpg\" vspace=\"6\"/></picture><figcaption><p>REITs outperform private real estate (Cambridge Research via NAREIT)</p></figcaption></figure></p> <blockquote><p><em>(To learn more about why I generally favor REITs over rentals, you can click here to read my latest article on this topic.)</em></p></blockquote> <p>But this does not mean that all rental property investments are bad per se.</p> <p>In fact, given the current world events, I think that buying a rental property may even make a great investment in 2022.</p> <p>Recently, I even bought <a href=\"https://laohu8.com/S/AONE.U\">one</a> myself. It is not exactly a rental property since I will use it as my primary residence, but I made the purchase because of the same rationale.</p> <p>Below, I present 3 reasons why you may want to buy a rental property in 2022, and after that, I present a few REIT alternatives for those of you who don't want to deal with the ugly 3 Ts: tenants, toilets, and trash.</p><div></div> <h2>Reason #1: Highly Leveraged Bet on Inflation</h2> <p>Today, we have very low interest rates, but unusually high inflation.</p> <p>This combination strongly favors highly leveraged, inflation-protected real asset investments like rental properties.</p> <p>This is the best kind of environment to be a landlord/borrower because you are buying assets that appreciate in value with debt that's depreciating in value.</p> <p>Let's look at a simple example:</p> <ul> <li><p>You buy a rental property for $200,000.</p></li> <li><p>You finance $160,000 (80%) of it with a 30-year fixed-rate mortgage.</p></li> <li><p>Your interest rate is 3.5% and your monthly rental income is $1,200.</p></li> </ul> <p>In a low inflation world, this investment wouldn't be anything exceptional. I would argue that this is a poor investment once you properly account for all the expenses and the value of your time.</p> <p>But in a high inflation world, it is a very different story.</p> <p>Today, inflation is at 7.9% and housing is appreciating by even more than that in most popular and growing cities. Assuming your rental property gains 10% in value, then you essentially earned a 50% return on equity because of your fixed-rate mortgage. The asset increases in real value, but the debt is decreasing in real value, resulting in exponential equity value growth.</p> <p>Now, your loan-to-value also drops from 80% to 73%, which lowers risks and may allow you to refinance to pull equity out of the property and reinvest it elsewhere.</p> <p>In that sense, buying a rental property with a fixed-rate mortgage is essentially a leveraged bet on inflation, and given the current world order, it is an investment that may make a lot of sense. Even if you think that inflationary pressures will cool down, it may make sense as a hedge in your portfolio in case you are wrong and inflation remains elevated for years to come. As I explain in a recent article, a rental property is a far better inflation hedge than gold.</p> <h2>Reason #2: War Or Not - People Need Housing</h2> <p>Russia's invasion of Ukraine is causing extreme uncertainty.</p> <p>It is not only a humanitarian crisis, but also an economic crisis, and the consequences are still very much unknown to most of us.</p> <p>Businesses worldwide are already suffering the pain, and this could be just the beginning. To give a few examples:</p> <p>McDonald's (MCD) had to temporarily close ~1,000 restaurants in Russia and Ukraine but will continue to pay its employees. These stores represent nearly 10% of the company's revenue so it is significant.</p><div></div> <p>MCD is not an isolated case. KFC (YUM), Starbucks (SBUX), Coca-Cola (KO), PepsiCo (PEP), Facebook (FB), Netflix (NFLX), <a href=\"https://laohu8.com/S/V\">Visa</a> (V), Mastercard (MA), etc... are all taking the same steps to protest against Russia's war crimes.</p> <p>Russia is a big market and so this is a lot of lost revenue and profit for these companies. Beyond that, the crisis is causing a spike in the cost of most natural resources, which will also impact businesses.</p> <p><strong>Could this be enough for the stock market to crash?</strong></p> <p>I don't know. I don't think that anybody knows.</p> <p>But what I know is that housing is a safe haven in this crisis because people still need a roof over their heads and what's happening in Eastern Europe has little impact on housing in the US.</p> <p>In that sense, buying a rental property in the US may serve as a hedge against the war in Ukraine. You get to secure nearly-free money through a long-dated fixed-rate mortgage and buy a defensive, inflation-protected asset that should continue to grow in value over time and throw off rental income despite the war.</p> <h2>Reason #3: The Diversification Benefits Are Becoming Increasingly Valuable</h2> <p>Now more than ever, investors need to make sure that they are properly diversified.</p> <p>Bonds (LQD) and Treasuries (IEF) yield close to nothing even as inflation is surging and stocks (SPY) have become extremely volatile. For better or worse, REITs have also become increasingly volatile, which may turn off many investors.</p> <p>Adding a rental property to your portfolio may help you diversify risks and sleep better at night knowing that you don't have all your money at the risk of a stock market crash.</p> <p>To be clear, it does not mean that a rental should be seen as a safe investment. But having some assets out of the stock market can reduce your portfolio risk during times of extreme uncertainty like today.</p> <h2>Buying a Rental vs. Buying REITs: Which is Better?</h2> <p>REITs are publicly listed real estate investment firms that allow you to invest in real estate by buying stocks. In that sense, they enjoy all the same benefits of leverage and inflation protection. You provide the equity by buying shares, and the REITs then add mortgages on your equity to buy properties and share the financial reward with you.</p> <p>To illustrate this point, consider our recent investment in BSR REIT <span>(OTCPK:BSRTF)</span>, an apartment REIT that focuses on Texan markets. We invested in the company in May 2021, and in less than one year, it has already generated a near-80% return:</p> <p><figure><img height=\"366\" hspace=\"6\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/3/10/saupload_1dee43dd8185e93c740a351b1d0e4747.png\" vspace=\"6\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure></p><div></div> <p>It was so lucrative because its balance sheet is about 50% leveraged and its properties enjoyed significant rent growth and appreciation.</p> <p>In that sense, REITs are not different from rental properties, but in addition, you also get professional management, diversification, liquidity, and likely superior long-term returns. For this reason, I favor REITs over rentals nine times out of ten. They simply offer better risk-and-hassle-adjusted returns in most cases.</p> <p>Even then, given what's happening in the world right now, there is a strong case to be made for also investing in private real estate for the extra diversification, control, and peace of mind that can come with it.</p> <p>It is not for everyone, but if you have the capacity to borrow at a low rate in a safe way, then it can provide you a good hedge against inflation and also the war in Ukraine.</p> <p>You could of course also get this hedge through the REIT market, but you can't be too diversified in this market. Russia's invasion of Ukraine does not just impact Europe, but the entire world and its REITs.</p> <p>Generally, it is a good thing to be publicly listed because it allows you to easily and cheaply buy/sell investments. But during times of extreme uncertainty like today, it is good to also have some assets that aren't susceptible to the mood of the stock market. That's where rental properties come in.</p> <h2>Bottom Line</h2> <p>Buy both: REITs and rentals.</p> <p>In most cases, I would favor REITs, but given today's extreme uncertainty, I would recommend investing in private rental properties for additional diversification.</p> <p>Today, I have 50% of my net worth in REITs/Rentals and about 90% of that is in REITs and 10% in rentals. That's the ideal mix for me.</p>\n</body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Buying A Rental Property In 2022 Could Be A Smart Investment</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\">\nWhy Buying A Rental Property In 2022 Could Be A Smart Investment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-12 22:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4494765-why-buying-rental-property-2022-smart-investment><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LifestyleVisuals/iStock via Getty Images If you have followed my articles for a while, you probably know that I am generally against the idea of buying rental properties. I believe that most investors...</p>\n\n<a href=\"https://seekingalpha.com/article/4494765-why-buying-rental-property-2022-smart-investment\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","BK4503":"景林资产持仓","BK4550":"红杉资本持仓","QNETCN":"纳斯达克中美互联网老虎指数","BK4551":"寇图资本持仓","PEP":"百事可乐","BK4573":"虚拟现实","V":"Visa","BK4581":"高盛持仓","BK4504":"桥水持仓","BK4209":"餐馆","UPRO":"三倍做多标普500ETF","BSRTF":"Bsr Real Estate Invt Tr","SH":"标普500反向ETF","IVV":"标普500指数ETF","OEF":"标普100指数ETF-iShares","NFLX":"奈飞","SSO":"两倍做多标普500ETF","BK4106":"数据处理与外包服务","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","MA":"万事达","SPXU":"三倍做空标普500ETF","BK4553":"喜马拉雅资本持仓","BK4215":"住宅房地产投资信托","YUM":"百胜餐饮集团","BK4177":"软饮料","BK4108":"电影和娱乐","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","SPY":"标普500ETF","BK4525":"远程办公概念","BK4508":"社交媒体","BK4524":"宅经济概念","BK4535":"淡马锡持仓","KO":"可口可乐",".SPX":"S&P 500 Index","MCD":"麦当劳","BK4527":"明星科技股","BK4559":"巴菲特持仓","OEX":"标普100","BK4077":"互动媒体与服务","LQD":"债券指数ETF-iShares iBoxx投资级公司债","BK4579":"人工智能","IEF":"债券指数ETF-iShares Barclays 7-10年","SDS":"两倍做空标普500ETF"},"source_url":"https://seekingalpha.com/article/4494765-why-buying-rental-property-2022-smart-investment","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2218427692","content_text":"LifestyleVisuals/iStock via Getty Images If you have followed my articles for a while, you probably know that I am generally against the idea of buying rental properties. I believe that most investors underestimate risks, overestimate returns, and forget to consider the negative impact that owning a rental property can have on your lifestyle, career, and even your health. Beyond that, several studies have shown that publicly listed REITs (VNQ) outperform private real estate over multi-decade time periods, and this makes sense when you consider that REITs enjoy significant economies of scale, are managed by the brightest in this industry, have better capital, relationships with tenants, and I pass on many other reasons: REITs outperform private real estate (OTC:EPRA) REITs outperform private real estate (Cambridge Research via NAREIT) (To learn more about why I generally favor REITs over rentals, you can click here to read my latest article on this topic.) But this does not mean that all rental property investments are bad per se. In fact, given the current world events, I think that buying a rental property may even make a great investment in 2022. Recently, I even bought one myself. It is not exactly a rental property since I will use it as my primary residence, but I made the purchase because of the same rationale. Below, I present 3 reasons why you may want to buy a rental property in 2022, and after that, I present a few REIT alternatives for those of you who don't want to deal with the ugly 3 Ts: tenants, toilets, and trash. Reason #1: Highly Leveraged Bet on Inflation Today, we have very low interest rates, but unusually high inflation. This combination strongly favors highly leveraged, inflation-protected real asset investments like rental properties. This is the best kind of environment to be a landlord/borrower because you are buying assets that appreciate in value with debt that's depreciating in value. Let's look at a simple example:  You buy a rental property for $200,000. You finance $160,000 (80%) of it with a 30-year fixed-rate mortgage. Your interest rate is 3.5% and your monthly rental income is $1,200.  In a low inflation world, this investment wouldn't be anything exceptional. I would argue that this is a poor investment once you properly account for all the expenses and the value of your time. But in a high inflation world, it is a very different story. Today, inflation is at 7.9% and housing is appreciating by even more than that in most popular and growing cities. Assuming your rental property gains 10% in value, then you essentially earned a 50% return on equity because of your fixed-rate mortgage. The asset increases in real value, but the debt is decreasing in real value, resulting in exponential equity value growth. Now, your loan-to-value also drops from 80% to 73%, which lowers risks and may allow you to refinance to pull equity out of the property and reinvest it elsewhere. In that sense, buying a rental property with a fixed-rate mortgage is essentially a leveraged bet on inflation, and given the current world order, it is an investment that may make a lot of sense. Even if you think that inflationary pressures will cool down, it may make sense as a hedge in your portfolio in case you are wrong and inflation remains elevated for years to come. As I explain in a recent article, a rental property is a far better inflation hedge than gold. Reason #2: War Or Not - People Need Housing Russia's invasion of Ukraine is causing extreme uncertainty. It is not only a humanitarian crisis, but also an economic crisis, and the consequences are still very much unknown to most of us. Businesses worldwide are already suffering the pain, and this could be just the beginning. To give a few examples: McDonald's (MCD) had to temporarily close ~1,000 restaurants in Russia and Ukraine but will continue to pay its employees. These stores represent nearly 10% of the company's revenue so it is significant. MCD is not an isolated case. KFC (YUM), Starbucks (SBUX), Coca-Cola (KO), PepsiCo (PEP), Facebook (FB), Netflix (NFLX), Visa (V), Mastercard (MA), etc... are all taking the same steps to protest against Russia's war crimes. Russia is a big market and so this is a lot of lost revenue and profit for these companies. Beyond that, the crisis is causing a spike in the cost of most natural resources, which will also impact businesses. Could this be enough for the stock market to crash? I don't know. I don't think that anybody knows. But what I know is that housing is a safe haven in this crisis because people still need a roof over their heads and what's happening in Eastern Europe has little impact on housing in the US. In that sense, buying a rental property in the US may serve as a hedge against the war in Ukraine. You get to secure nearly-free money through a long-dated fixed-rate mortgage and buy a defensive, inflation-protected asset that should continue to grow in value over time and throw off rental income despite the war. Reason #3: The Diversification Benefits Are Becoming Increasingly Valuable Now more than ever, investors need to make sure that they are properly diversified. Bonds (LQD) and Treasuries (IEF) yield close to nothing even as inflation is surging and stocks (SPY) have become extremely volatile. For better or worse, REITs have also become increasingly volatile, which may turn off many investors. Adding a rental property to your portfolio may help you diversify risks and sleep better at night knowing that you don't have all your money at the risk of a stock market crash. To be clear, it does not mean that a rental should be seen as a safe investment. But having some assets out of the stock market can reduce your portfolio risk during times of extreme uncertainty like today. Buying a Rental vs. Buying REITs: Which is Better? REITs are publicly listed real estate investment firms that allow you to invest in real estate by buying stocks. In that sense, they enjoy all the same benefits of leverage and inflation protection. You provide the equity by buying shares, and the REITs then add mortgages on your equity to buy properties and share the financial reward with you. To illustrate this point, consider our recent investment in BSR REIT (OTCPK:BSRTF), an apartment REIT that focuses on Texan markets. We invested in the company in May 2021, and in less than one year, it has already generated a near-80% return: Data by YCharts It was so lucrative because its balance sheet is about 50% leveraged and its properties enjoyed significant rent growth and appreciation. In that sense, REITs are not different from rental properties, but in addition, you also get professional management, diversification, liquidity, and likely superior long-term returns. For this reason, I favor REITs over rentals nine times out of ten. They simply offer better risk-and-hassle-adjusted returns in most cases. Even then, given what's happening in the world right now, there is a strong case to be made for also investing in private real estate for the extra diversification, control, and peace of mind that can come with it. It is not for everyone, but if you have the capacity to borrow at a low rate in a safe way, then it can provide you a good hedge against inflation and also the war in Ukraine. You could of course also get this hedge through the REIT market, but you can't be too diversified in this market. Russia's invasion of Ukraine does not just impact Europe, but the entire world and its REITs. Generally, it is a good thing to be publicly listed because it allows you to easily and cheaply buy/sell investments. But during times of extreme uncertainty like today, it is good to also have some assets that aren't susceptible to the mood of the stock market. That's where rental properties come in. Bottom Line Buy both: REITs and rentals. In most cases, I would favor REITs, but given today's extreme uncertainty, I would recommend investing in private rental properties for additional diversification. Today, I have 50% of my net worth in REITs/Rentals and about 90% of that is in REITs and 10% in rentals. That's the ideal mix for me.","news_type":1},"isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839375794,"gmtCreate":1629124473918,"gmtModify":1676529939370,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089870511727540","idStr":"4089870511727540"},"themes":[],"htmlText":"Ops","listText":"Ops","text":"Ops","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839375794","repostId":"2159224290","repostType":2,"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892703054,"gmtCreate":1628687884578,"gmtModify":1676529821156,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089870511727540","idStr":"4089870511727540"},"themes":[],"htmlText":"Good call","listText":"Good call","text":"Good call","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892703054","repostId":"2158478684","repostType":2,"repost":{"id":"2158478684","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1628521279,"share":"https://ttm.financial/m/news/2158478684?lang=&edition=fundamental","pubTime":"2021-08-09 23:01","market":"us","language":"en","title":"Amazon to end relationship with Indian seller Cloudtail","url":"https://stock-news.laohu8.com/highlight/detail?id=2158478684","media":"Reuters","summary":"NEW DELHI, Aug 9 (Reuters) - Amazon.com Inc and one of its biggest sellers in India, Cloudtail, have","content":"<p>NEW DELHI, Aug 9 (Reuters) - Amazon.com Inc&nbsp;and <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said on Monday, following years of allegations from brick-and-mortar retailers that the seller received preferential treatment.</p>\n<p>A joint venture between Amazon and India's Catamaran that controlled Cloudtail was coming up for renewal on May 19, 2022, and the two sides said in a joint statement they had mutually decided not to extend it beyond that date.</p>\n<p>The decision comes after a Reuters investigation&nbsp;in February based on Amazon documents showed the U.S. company had given preferential treatment for years to a small group of sellers, including Cloudtail, and used them to bypass Indian laws.</p>\n<p>Amazon has said it does not give preferential treatment to any seller and that it complies with the law.</p>\n<p>In their joint statement, Amazon and Catamaran did not say why they had decided to end their joint venture, but said the partnership ran successfully for seven years and made \"tremendous strides.\"</p>\n<p>Cloudtail had been controversial, with Indian brick-and-mortar retailers for years accusing Amazon of giving it preferential treatment which hurt smaller retailers.</p>\n<p>It was formed when Amazon entered a joint venture with an entity formed by one of India’s most famous tech moguls, N.R. Narayana Murthy, which was then used to create Cloudtail, which began offering goods on Amazon.in after it was set up in August 2014.</p>\n<p>The Reuters investigation in February found Amazon publicly called Cloudtail an independent seller offering goods on its marketplace website, but internal company documents revealed the U.S. company was deeply involved in expanding it and used it, among other sellers, to circumvent the country's foreign investment laws.</p>\n<p>The story had triggered calls for a ban and an investigation of Amazon, and the financial crime fighting agency was looking into its findings.</p>\n<p>Amazon also gave Cloudtail, and another seller named Appario, discounted fees, the Reuters investigation found.</p>\n<p>Amazon is also in talks with the parent of Appario to determine whether it wants to renew its joint venture next year, a source with direct knowledge told Reuters on Monday. Appario did not immediately respond to a request for comment.</p>\n<p>The source added that multiple sellers in India were likely to take over Cloudtail's share on Amazon.in over time.</p>\n<p>\"There will be challenges, but the company is fairly confident it will manage,\" the source added.</p>\n<p>Separately, India's Supreme Court on Monday ruled that Amazon and Walmart's Flipkart will have to face antitrust investigations ordered against them in India, dealing a blow to the companies in their key growth market.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon to end relationship with Indian seller Cloudtail</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon to end relationship with Indian seller Cloudtail\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-09 23:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW DELHI, Aug 9 (Reuters) - Amazon.com Inc&nbsp;and <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said on Monday, following years of allegations from brick-and-mortar retailers that the seller received preferential treatment.</p>\n<p>A joint venture between Amazon and India's Catamaran that controlled Cloudtail was coming up for renewal on May 19, 2022, and the two sides said in a joint statement they had mutually decided not to extend it beyond that date.</p>\n<p>The decision comes after a Reuters investigation&nbsp;in February based on Amazon documents showed the U.S. company had given preferential treatment for years to a small group of sellers, including Cloudtail, and used them to bypass Indian laws.</p>\n<p>Amazon has said it does not give preferential treatment to any seller and that it complies with the law.</p>\n<p>In their joint statement, Amazon and Catamaran did not say why they had decided to end their joint venture, but said the partnership ran successfully for seven years and made \"tremendous strides.\"</p>\n<p>Cloudtail had been controversial, with Indian brick-and-mortar retailers for years accusing Amazon of giving it preferential treatment which hurt smaller retailers.</p>\n<p>It was formed when Amazon entered a joint venture with an entity formed by one of India’s most famous tech moguls, N.R. Narayana Murthy, which was then used to create Cloudtail, which began offering goods on Amazon.in after it was set up in August 2014.</p>\n<p>The Reuters investigation in February found Amazon publicly called Cloudtail an independent seller offering goods on its marketplace website, but internal company documents revealed the U.S. company was deeply involved in expanding it and used it, among other sellers, to circumvent the country's foreign investment laws.</p>\n<p>The story had triggered calls for a ban and an investigation of Amazon, and the financial crime fighting agency was looking into its findings.</p>\n<p>Amazon also gave Cloudtail, and another seller named Appario, discounted fees, the Reuters investigation found.</p>\n<p>Amazon is also in talks with the parent of Appario to determine whether it wants to renew its joint venture next year, a source with direct knowledge told Reuters on Monday. Appario did not immediately respond to a request for comment.</p>\n<p>The source added that multiple sellers in India were likely to take over Cloudtail's share on Amazon.in over time.</p>\n<p>\"There will be challenges, but the company is fairly confident it will manage,\" the source added.</p>\n<p>Separately, India's Supreme Court on Monday ruled that Amazon and Walmart's Flipkart will have to face antitrust investigations ordered against them in India, dealing a blow to the companies in their key growth market.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158478684","content_text":"NEW DELHI, Aug 9 (Reuters) - Amazon.com Inc and one of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said on Monday, following years of allegations from brick-and-mortar retailers that the seller received preferential treatment.\nA joint venture between Amazon and India's Catamaran that controlled Cloudtail was coming up for renewal on May 19, 2022, and the two sides said in a joint statement they had mutually decided not to extend it beyond that date.\nThe decision comes after a Reuters investigation in February based on Amazon documents showed the U.S. company had given preferential treatment for years to a small group of sellers, including Cloudtail, and used them to bypass Indian laws.\nAmazon has said it does not give preferential treatment to any seller and that it complies with the law.\nIn their joint statement, Amazon and Catamaran did not say why they had decided to end their joint venture, but said the partnership ran successfully for seven years and made \"tremendous strides.\"\nCloudtail had been controversial, with Indian brick-and-mortar retailers for years accusing Amazon of giving it preferential treatment which hurt smaller retailers.\nIt was formed when Amazon entered a joint venture with an entity formed by one of India’s most famous tech moguls, N.R. Narayana Murthy, which was then used to create Cloudtail, which began offering goods on Amazon.in after it was set up in August 2014.\nThe Reuters investigation in February found Amazon publicly called Cloudtail an independent seller offering goods on its marketplace website, but internal company documents revealed the U.S. company was deeply involved in expanding it and used it, among other sellers, to circumvent the country's foreign investment laws.\nThe story had triggered calls for a ban and an investigation of Amazon, and the financial crime fighting agency was looking into its findings.\nAmazon also gave Cloudtail, and another seller named Appario, discounted fees, the Reuters investigation found.\nAmazon is also in talks with the parent of Appario to determine whether it wants to renew its joint venture next year, a source with direct knowledge told Reuters on Monday. Appario did not immediately respond to a request for comment.\nThe source added that multiple sellers in India were likely to take over Cloudtail's share on Amazon.in over time.\n\"There will be challenges, but the company is fairly confident it will manage,\" the source added.\nSeparately, India's Supreme Court on Monday ruled that Amazon and Walmart's Flipkart will have to face antitrust investigations ordered against them in India, dealing a blow to the companies in their key growth market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":688,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918616410,"gmtCreate":1664376137131,"gmtModify":1676537443333,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089870511727540","idStr":"4089870511727540"},"themes":[],"htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918616410","repostId":"9918172867","repostType":1,"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911656356,"gmtCreate":1664199855875,"gmtModify":1676537408380,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089870511727540","idStr":"4089870511727540"},"themes":[],"htmlText":"😁","listText":"😁","text":"😁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9911656356","repostId":"2269416801","repostType":4,"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994843388,"gmtCreate":1661609292046,"gmtModify":1676536549157,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089870511727540","idStr":"4089870511727540"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994843388","repostId":"9995413447","repostType":1,"repost":{"id":9995413447,"gmtCreate":1661495533391,"gmtModify":1676536530617,"author":{"id":"4113824102564902","authorId":"4113824102564902","name":"Lionel8383","avatar":"https://community-static.tradeup.com/news/816b168172cfedf6cec338c52322f186","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4113824102564902","idStr":"4113824102564902"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"1\"></v-v>Heading towards the next iPhone 14! Maybe I should get a new MacBook Pro M2 if it launches at the same event!","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"1\"></v-v>Heading towards the next iPhone 14! Maybe I should get a new MacBook Pro M2 if it launches at the same event!","text":"$Apple(AAPL)$Heading towards the next iPhone 14! Maybe I should get a new MacBook Pro M2 if it launches at the same event!","images":[{"img":"https://community-static.tradeup.com/news/05ef3af493b52ed8550ff73e13177488","width":"1170","height":"2532"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995413447","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9067637839,"gmtCreate":1652452064221,"gmtModify":1676535103644,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089870511727540","idStr":"4089870511727540"},"themes":[],"htmlText":"Good article&nbsp;","listText":"Good article&nbsp;","text":"Good article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9067637839","repostId":"2235411368","repostType":2,"repost":{"id":"2235411368","pubTimestamp":1652454000,"share":"https://ttm.financial/m/news/2235411368?lang=&edition=fundamental","pubTime":"2022-05-13 23:00","market":"us","language":"en","title":"Buy Fear And Sell Greed","url":"https://stock-news.laohu8.com/highlight/detail?id=2235411368","media":"seekingalpha","summary":"shapecharge/E+ via Getty Images Buy or add common shares on surprise socioeconomic events and market","content":"<html><body><p><figure><picture><img height=\"1536px\" sizes=\"(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1322205541/image_1322205541.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1322205541/image_1322205541.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1322205541/image_1322205541.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1322205541/image_1322205541.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1322205541/image_1322205541.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1322205541/image_1322205541.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1322205541/image_1322205541.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1322205541/image_1322205541.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1322205541/image_1322205541.jpg?io=getty-c-w240 240w\" width=\"1536px\"/></picture><figcaption><p>shapecharge/E+ via Getty Images</p></figcaption></figure></p> <p>Buy or add common shares on surprise socioeconomic events and market fears. Sell or reduce the shares on surprise company events and market greed.</p> <p>The intelligent value investor purchases a slice of a stable company with<span> solid fundamentals when the market retreats based on fear. Then divests or reduces the holding when the market gets greedy and overbuys the stock, despite weaker fundamentals or an inflated stock price. In other words, only when microeconomic events erode the company's financial strength or the demand for its products and services does a sell order become imminent.</span></p> <p>Buy on fear, presuming the share price is attractive, and sell on greed, assuming the stock price is above your cost basis. Unfortunately, erratic corrections such as the COVID-19 coronavirus pandemic notwithstanding, the market prefers to entertain the purchase of attractive fundamentals at high prices and narrow margins of safety. As a result, in the later stages of the post-Great Recession epic bull market, our family portfolio had evolved into more of a watch list than a buy list.</p> <h2><strong>Market Predictions Are A Fool's Game</strong></h2> <p>When the market timer is wrong-the probable outcome-in predicting a surprise market, industry, or company event, substantial assets are lost because the trader is too long or short. On the other side of the trade, the patient investor is prepared to take advantage of the surprise occurrence by allocating planned cash reserves for new or increased positions in the shares of companies with solid fundamentals.</p> <p>The disciplined investor takes advantage of depressed prices from the indiscriminate macro event. These surprise incidents, any tragedies notwithstanding, trigger a contrarian's opportunity for the thoughtful individual investor. For example, investors who held, added to, or initiated quality positions following the market crash of 1987, during the dot-com bear market of 2000-2002, or the run-up after the Great Recession of 2007-08 profited from subsequent booming portfolios.</p> <p>The market meltdown from the coronavirus pandemic produced similar opportunities for bargain hunters in March of 2020. A few did predict these events, and perhaps each benefited from a stroke of luck. But unfortunately, many investors reacted by selling depressed securities in the aftermath, and more than a few of these victimized portfolios have yet to recover.</p> <p>Nevertheless, the investor who predicts an impactful market, industry, or company event becomes intoxicated by the lucky call and begins to base their investing philosophy on the sudden perceived ability to foresee future events. Such inebriation of financial intellect induces the proverbial gazing into the crystal ball, encompassing a false state of being. The luck soon runs out with poetic justice, as does the principal on their investments.</p> <h2>Buying Is Exhilarating<strong>-</strong>Selling Is Exacerbating</h2> <p>An overlooked challenge for any investor is when to sell a holding. Execute a sell order to deliver profits with a more proactive and less reactive well-thought-out decision process. The occasional <em>it was a good idea at the time</em> investment sometimes leads to unloading the persistent underperforming equity to cut further losses.</p> <p>The fundamentals-driven value investor sells or reduces a slice of the business when it no longer supports the investment thesis.</p> <p>There was a time when I sold the stocks of companies as much as I bought them. The share prices of many of the sold-out companies are higher today. Selling a stock merely out of fear of current or future events often works against the investor's best interest. Just ask Apple (NASDAQ:AAPL) shareholders-including yours truly-who went bearish based on Wall Street analyst forecasts following the death of its founder and icon Steve Jobs in 2011.</p> <p>Hence, it is an obligation as the portfolio's innkeeper to write follow-up alerts on the common shares held as evolving fundamentals and metrics dictate. It is important to remember that long-term results are the best barometer of equity performance to the disciplined, individual investor. You don't need to chase quarterly performance, as do many of the players on Wall Street and their hordes of followers on Main Street. For this reason, patience is the value investor's best friend.</p> <h2><strong>Sell To Take Profits-Not Quell Emotions</strong></h2> <p>I sell less often nowadays, having learned that repeated buying and selling support the Wall Street fee machine more than positive returns from our family portfolio. For example, I had sold out just three stocks from the portfolio during the post-Great Recession bull market. Murphy's Law had two up significantly before the COVID-19 coronavirus correction.</p> <p>When buying enduring quality companies at reasonable prices, there are fewer incentives to sell than to perhaps finance an essential milestone in life. Take profits on a long-held common stock to finance a home purchase, pay college tuition, sponsor a wedding, underwrite a hobby, capitalize a business start-up, or fund a comfortable retirement. Your approach to investing in common stocks must be cognitive. Besides the appropriate celebration or brief pity party, there is little room for feelings and emotions in successful investing.</p> <p>During the epic 2009 to 2021 bull market, individual securities continued to show attractive fundamentals and enticing dividends; however, prices were steep concerning acceptable valuations and margins of safety. Regardless of how we measured the subjective estimation of intrinsic value, the stock prices appeared stretched. Perhaps the market would keep climbing, as it did for some time. But whoever knows?</p> <p>Counter to the heightened impatience in the Wall Street arena, practice patient risk management by waiting for prices of quality stocks to drop to acceptable levels. Avoid predicting specific macro events you have limited control over, and leave the erratic behavior to speculators who own the equities or hold the corporate bonds of companies with suspect business models.</p> <p>When the surprise event does happen, it is often a buying opportunity for the common shares of quality companies that prevail despite the temporary economic or industry downturn. The disciplined value investor is inclined to wait for the economy's macro- or company micro-events to deflate the stock to a reasonable, if not bargain, price.</p> <p>Growth markets and fads come and go; therefore, owning quality at a reasonable price is the most straightforward approach for retail-level stock pickers to potentially outperform the market or reach and exceed their personal financial goals.</p> <h2>Fear And Greed As Pricing Mechanisms</h2> <p>This article supports a value investment theory of becoming greedy from market fear by buying when a surprise macro event affects an entire economy or sector and being fearful of market greed by selling on the surprise micro event limited to a company or industry. Widely credited to Warren Buffett, the buying fear and selling greed metaphor produced the most famous value investor of our time.</p> <p>The lesson reminds the independent investor to stop market timing or stock trading and start investing or divesting as macro and microeconomic conditions dictate. Such discipline requires a contrarian's retreat from the crowd. Instead, the thoughtful value investor sticks to the tried-and-true approach of researching the fundamentals of the targeted business to determine the potential level of ownership worthiness. And, if warranted, measures the valuation multiples of the underlying stock to decide whether to initiate, add to, maintain, reduce, or sell the holding.</p> <p>The patient value investor is steadfast in waiting for random macroeconomic events that often lead to fearful retreats from stocks on Wall Street. Then, as prices drop to attractive valuations, sift your watchlist for great companies with sound fundamentals trading at attractive multiples that offer sufficient margins of safety.</p> <p>Alternatively, add dry powder, such as FDIC-insured cash, to your present holdings. Your portfolio's first and seventh ideas are perhaps a better value than a new investment opportunity presented by the market. And when greed prevails-affecting the valuation or the fundamentals of a single holding-consider reducing or eliminating your ownership in the position at a profit. On the other side of the investment, if the microeconomic event or trader-induced fears render valuations with wider safety margins, purchase a new stake or add to the position.</p> <p>In the wake of fear and greed, the value investor reemerges to take advantage of rare opportunities to initiate new positions because quality enterprises seldom trade in the bargain-basement bin except in market downturns. Then, as the bull market tide goes out, the junk equity holders are left swimming naked, as famously suggested by Buffett.</p> <p>Suppose you buy a quality company at a favorable price and the enterprise's value proposition remains intact. Then, why sell other than to fund new opportunities or finance an upcoming milestone in life? Buy and hold forever is okay, too.</p> <p>Again, the value-based long-view investor has the temperament of a contrarian.</p> <p><em>Copyright 2021 and 2022 by David J. Waldron. All rights reserved worldwide.</em></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy Fear And Sell Greed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy Fear And Sell Greed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-13 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4511196-buy-fear-and-sell-greed><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>shapecharge/E+ via Getty Images Buy or add common shares on surprise socioeconomic events and market fears. Sell or reduce the shares on surprise company events and market greed. The intelligent value...</p>\n\n<a href=\"https://seekingalpha.com/article/4511196-buy-fear-and-sell-greed\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","BK4515":"5G概念","BK4532":"文艺复兴科技持仓","BK4170":"电脑硬件、储存设备及电脑周边","BK4534":"瑞士信贷持仓","BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4566":"资本集团","BK4533":"AQR资本管理(全球第二大对冲基金)","AAPL":"苹果","BK4550":"红杉资本持仓","BK4501":"段永平概念","BK4573":"虚拟现实","BK4512":"苹果概念","BK4559":"巴菲特持仓","BK4581":"高盛持仓","BK4527":"明星科技股","BK4574":"无人驾驶","BK4579":"人工智能","BK4505":"高瓴资本持仓","BK4575":"芯片概念","BK4571":"数字音乐概念","BK4576":"AR"},"source_url":"https://seekingalpha.com/article/4511196-buy-fear-and-sell-greed","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2235411368","content_text":"shapecharge/E+ via Getty Images Buy or add common shares on surprise socioeconomic events and market fears. Sell or reduce the shares on surprise company events and market greed. The intelligent value investor purchases a slice of a stable company with solid fundamentals when the market retreats based on fear. Then divests or reduces the holding when the market gets greedy and overbuys the stock, despite weaker fundamentals or an inflated stock price. In other words, only when microeconomic events erode the company's financial strength or the demand for its products and services does a sell order become imminent. Buy on fear, presuming the share price is attractive, and sell on greed, assuming the stock price is above your cost basis. Unfortunately, erratic corrections such as the COVID-19 coronavirus pandemic notwithstanding, the market prefers to entertain the purchase of attractive fundamentals at high prices and narrow margins of safety. As a result, in the later stages of the post-Great Recession epic bull market, our family portfolio had evolved into more of a watch list than a buy list. Market Predictions Are A Fool's Game When the market timer is wrong-the probable outcome-in predicting a surprise market, industry, or company event, substantial assets are lost because the trader is too long or short. On the other side of the trade, the patient investor is prepared to take advantage of the surprise occurrence by allocating planned cash reserves for new or increased positions in the shares of companies with solid fundamentals. The disciplined investor takes advantage of depressed prices from the indiscriminate macro event. These surprise incidents, any tragedies notwithstanding, trigger a contrarian's opportunity for the thoughtful individual investor. For example, investors who held, added to, or initiated quality positions following the market crash of 1987, during the dot-com bear market of 2000-2002, or the run-up after the Great Recession of 2007-08 profited from subsequent booming portfolios. The market meltdown from the coronavirus pandemic produced similar opportunities for bargain hunters in March of 2020. A few did predict these events, and perhaps each benefited from a stroke of luck. But unfortunately, many investors reacted by selling depressed securities in the aftermath, and more than a few of these victimized portfolios have yet to recover. Nevertheless, the investor who predicts an impactful market, industry, or company event becomes intoxicated by the lucky call and begins to base their investing philosophy on the sudden perceived ability to foresee future events. Such inebriation of financial intellect induces the proverbial gazing into the crystal ball, encompassing a false state of being. The luck soon runs out with poetic justice, as does the principal on their investments. Buying Is Exhilarating-Selling Is Exacerbating An overlooked challenge for any investor is when to sell a holding. Execute a sell order to deliver profits with a more proactive and less reactive well-thought-out decision process. The occasional it was a good idea at the time investment sometimes leads to unloading the persistent underperforming equity to cut further losses. The fundamentals-driven value investor sells or reduces a slice of the business when it no longer supports the investment thesis. There was a time when I sold the stocks of companies as much as I bought them. The share prices of many of the sold-out companies are higher today. Selling a stock merely out of fear of current or future events often works against the investor's best interest. Just ask Apple (NASDAQ:AAPL) shareholders-including yours truly-who went bearish based on Wall Street analyst forecasts following the death of its founder and icon Steve Jobs in 2011. Hence, it is an obligation as the portfolio's innkeeper to write follow-up alerts on the common shares held as evolving fundamentals and metrics dictate. It is important to remember that long-term results are the best barometer of equity performance to the disciplined, individual investor. You don't need to chase quarterly performance, as do many of the players on Wall Street and their hordes of followers on Main Street. For this reason, patience is the value investor's best friend. Sell To Take Profits-Not Quell Emotions I sell less often nowadays, having learned that repeated buying and selling support the Wall Street fee machine more than positive returns from our family portfolio. For example, I had sold out just three stocks from the portfolio during the post-Great Recession bull market. Murphy's Law had two up significantly before the COVID-19 coronavirus correction. When buying enduring quality companies at reasonable prices, there are fewer incentives to sell than to perhaps finance an essential milestone in life. Take profits on a long-held common stock to finance a home purchase, pay college tuition, sponsor a wedding, underwrite a hobby, capitalize a business start-up, or fund a comfortable retirement. Your approach to investing in common stocks must be cognitive. Besides the appropriate celebration or brief pity party, there is little room for feelings and emotions in successful investing. During the epic 2009 to 2021 bull market, individual securities continued to show attractive fundamentals and enticing dividends; however, prices were steep concerning acceptable valuations and margins of safety. Regardless of how we measured the subjective estimation of intrinsic value, the stock prices appeared stretched. Perhaps the market would keep climbing, as it did for some time. But whoever knows? Counter to the heightened impatience in the Wall Street arena, practice patient risk management by waiting for prices of quality stocks to drop to acceptable levels. Avoid predicting specific macro events you have limited control over, and leave the erratic behavior to speculators who own the equities or hold the corporate bonds of companies with suspect business models. When the surprise event does happen, it is often a buying opportunity for the common shares of quality companies that prevail despite the temporary economic or industry downturn. The disciplined value investor is inclined to wait for the economy's macro- or company micro-events to deflate the stock to a reasonable, if not bargain, price. Growth markets and fads come and go; therefore, owning quality at a reasonable price is the most straightforward approach for retail-level stock pickers to potentially outperform the market or reach and exceed their personal financial goals. Fear And Greed As Pricing Mechanisms This article supports a value investment theory of becoming greedy from market fear by buying when a surprise macro event affects an entire economy or sector and being fearful of market greed by selling on the surprise micro event limited to a company or industry. Widely credited to Warren Buffett, the buying fear and selling greed metaphor produced the most famous value investor of our time. The lesson reminds the independent investor to stop market timing or stock trading and start investing or divesting as macro and microeconomic conditions dictate. Such discipline requires a contrarian's retreat from the crowd. Instead, the thoughtful value investor sticks to the tried-and-true approach of researching the fundamentals of the targeted business to determine the potential level of ownership worthiness. And, if warranted, measures the valuation multiples of the underlying stock to decide whether to initiate, add to, maintain, reduce, or sell the holding. The patient value investor is steadfast in waiting for random macroeconomic events that often lead to fearful retreats from stocks on Wall Street. Then, as prices drop to attractive valuations, sift your watchlist for great companies with sound fundamentals trading at attractive multiples that offer sufficient margins of safety. Alternatively, add dry powder, such as FDIC-insured cash, to your present holdings. Your portfolio's first and seventh ideas are perhaps a better value than a new investment opportunity presented by the market. And when greed prevails-affecting the valuation or the fundamentals of a single holding-consider reducing or eliminating your ownership in the position at a profit. On the other side of the investment, if the microeconomic event or trader-induced fears render valuations with wider safety margins, purchase a new stake or add to the position. In the wake of fear and greed, the value investor reemerges to take advantage of rare opportunities to initiate new positions because quality enterprises seldom trade in the bargain-basement bin except in market downturns. Then, as the bull market tide goes out, the junk equity holders are left swimming naked, as famously suggested by Buffett. Suppose you buy a quality company at a favorable price and the enterprise's value proposition remains intact. Then, why sell other than to fund new opportunities or finance an upcoming milestone in life? Buy and hold forever is okay, too. Again, the value-based long-view investor has the temperament of a contrarian. Copyright 2021 and 2022 by David J. Waldron. All rights reserved worldwide.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807913036,"gmtCreate":1627995781725,"gmtModify":1703499294483,"author":{"id":"4089870511727540","authorId":"4089870511727540","name":"jimcm","avatar":"https://static.tigerbbs.com/c32942224c09c28bda012467a9e0b80c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089870511727540","idStr":"4089870511727540"},"themes":[],"htmlText":"Wtf","listText":"Wtf","text":"Wtf","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807913036","repostId":"1126095878","repostType":4,"repost":{"id":"1126095878","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":1627991741,"share":"https://ttm.financial/m/news/1126095878?lang=&edition=fundamental","pubTime":"2021-08-03 19:55","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1126095878","media":"Tiger Newspress","summary":"Futures up: Dow 0.46%, S&P 0.37%, Nasdaq 0.16%.\nChinese gaming stocks listed in the U.S. slump in pr","content":"<ul>\n <li>Futures up: Dow 0.46%, S&amp;P 0.37%, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 0.16%.</li>\n <li>Chinese gaming stocks listed in the U.S. slump in premarket trading.</li>\n <li><a href=\"https://laohu8.com/S/UA.C\">Under Armour</a>, Translate Bio, <a href=\"https://laohu8.com/S/CLX\">Clorox</a> and more&nbsp;made&nbsp;the biggest moves in the premarket.</li>\n <li>Crude oil reversed earlier losses as sentiment improved in broader markets.</li>\n</ul>\n<p>(August 3)&nbsp;U.S. stock index futures rose on Tuesday, as an upbeat corporate earnings season and a pickup in global deals activity lifted demand for risky equities, although gains were capped by concerns around a surge in the Delta variant of the coronavirus.</p>\n<p>At 08:02 a.m. ET, Dow E-minis were up 159 points, or 0.46%, S&amp;P 500 E-minis were up 16&nbsp;points, or 0.37% and Nasdaq 100 E-minis rose 24.5 points, or 0.16%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/041b88ace41d9b6a718971a4da2e78b4\" tg-width=\"1242\" tg-height=\"484\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:02</span></p>\n<p>The big story overnight was <a href=\"https://laohu8.com/S/CAAS\">China</a>'s latest crackdown in which the XInhua-affiliated Economic <a href=\"https://laohu8.com/S/III\">Information</a> Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.&nbsp; \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.</p>\n<p>Not surprisingly, Chinese gaming stocks listed in the U.S. slump in premarket trading; among the biggest gaming-related stocks falling this morning, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> sinks 8.8%, Bilibili falls 6.67%, Huya declines 4.79% and <a href=\"https://laohu8.com/S/DOYU\">DouYu</a> International slides 5.12% as of 8:11am in <a href=\"https://laohu8.com/S/NWY\">New York</a>, Other large-cap Chinese stocks are also lower in U.S. premarket trading: <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> -0.94%, Pinduoduo -1.2%, Baidu -0.37%, Didi -1.25%.</p>\n<p><img src=\"https://static.tigerbbs.com/7d28ab254bf7e852d939886a935a67a2\" tg-width=\"373\" tg-height=\"642\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: <a href=\"https://laohu8.com/S/UA\">Under Armour</a>, Translate Bio, Clorox and more</b></p>\n<p><b>1)&nbsp;Under Armour(UAA)</b> – Under Armour shares jumped 4.5% in the premarket, after the athletic apparel maker beat estimates on the top and bottom lines and the company raised its full-year forecast. Under Armour reported quarterly earnings of 24 cents per share, compared to a consensus estimate of 6 cents a share.</p>\n<p><b>2)&nbsp;Translate Bio(TBIO)</b> – French drugmakerSanofi(SNY) agreed to buy the U.S.-based biotech company for $3.2 billion, or $38 per share in cash. Translate Bio specializes in mRNA technology, the type that was used to produce thePfizerandModernaCovid-19 vaccines. Translate Bio shares soared 29.6% in premarket trading.</p>\n<p><b>3)&nbsp;Clorox(CLX) </b>– Clorox tumbled 8.6% in premarket action after the household products maker missed top and bottom line estimates for its latest quarter. Clorox’s sales fell from a year ago, when consumers stocked up on its products amid the surging pandemic.</p>\n<p><b>4)&nbsp;Eli Lilly(LLY) </b>– The drugmaker’s shares lost 1.7% in premarket trading, after falling 2 cents a share shy of estimates, with quarterly earnings of $1.87 per share. Revenue beat forecasts, but Lilly’s overall results were impacted by weaker sales of Covid-19 therapies as more Americans got vaccinated.</p>\n<p><b>5)&nbsp;<a href=\"https://laohu8.com/S/MAR\">Marriott</a>(MAR)</b> – The hotel operator’s stock gained 1.8% in premarket trading after it reported quarterly earnings of 79 cents per share, compared to a 45 cents a share consensus estimate. Revenue more than doubled from a year ago thanks to a rebound in travel demand, though it did fall slightly short of Wall Street forecasts.</p>\n<p><b>6)&nbsp;<a href=\"https://laohu8.com/S/TTWO\">Take-Two</a> Interactive(TTWO)</b> – Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> lost 4.3% premarket trading after issuing a weaker-than-expected outlook and announcing delays in new releases for some of its games. The video game producer beat estimates by 12 cents a share, with quarterly profit of $1.01 per share. Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a>’s revenue also topped Wall Street forecasts.</p>\n<p><b>7)&nbsp;BP(BP)</b> – BP surged 6.3% in premarket trading after it reported better-than-expected quarterly profit and revenue, thanks to higher oil and gas prices. The energy producer also announced a 4% dividend hike and a boost to its share buyback program.</p>\n<p><b>8)&nbsp;Stellantis(STLA) </b>– Stellantis raised its full-year profit margin outlook after the automaker reported strong first-half financial results, boosted by record margins in North America. The upbeat results came despite the impact of the global chip shortage which cut production by 700,000 vehicles. The stock rallied 5.3% in the premarket.</p>\n<p><b>9)&nbsp;<a href=\"https://laohu8.com/S/MU\">Micron Technology</a>(MU)</b> – Micron instituted its first-ever dividend, with the chip maker planning to pay 10 cents per share in cash payable on October 18. Micron also said it had updated its share buyback policy to buy more when prices are low and fewer when prices are high. Micron shares gained 1.9% in the premarket.</p>\n<p><b>10)&nbsp;<a href=\"https://laohu8.com/S/SPG\">Simon Property</a> Group(SPG)</b> – Simon Property shares rose 2.8% in premarket trading after it said sales at its shopping centers returned to pre-pandemic levels in June. The largest U.S. mall owner is hoping the improved results encourage retailers to sign new leases and help it fill space vacated during the pandemic.</p>\n<p><b>11)&nbsp;<a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> Technologies(SEDG) </b>– SolarEdge reported better-than-expected earnings and revenue for its latest quarter, with the solar energy company also providing an upbeat current-quarter forecast. SolarEdge surged 11.4% in the premarket.</p>\n<p><b>12)&nbsp;Reynolds Consumer Products(REYN)</b> – Reynolds beat estimates by a penny a share, with quarterly earnings of 39 cents per share. Revenue fell short of Street forecasts, however. The maker of products like Hefty garbage bags and Reynolds Wrap said it was pleased with the results in the face of higher input costs supply chain issues. Reynolds lost 3.6% in premarket action.</p>\n<p><b>In rates,</b> treasuries drifted lower over early European session, tracking losses in bunds and gilts. The 10-year U.S. Treasury&nbsp;yield&nbsp;edged around 2bps higher after falling as low as 1.15%; the move steepened 2s10s, 5s30s by 1bp each. Higher S&amp;P futures also added pressure on rising yields, following gains across European stocks amid positive earnings results. Germany’s 10-year yield fell to its lowest since early February at -0.486%. It was last up less than a basis point at -0.47%. Its 30-year yield, which turned negative and sent the whole German yield curve into negative territory on Monday, was hovering around 0%.</p>\n<p>“There is some definite downside bias in the dollar now,” said Vasileios Gkionakis, Global Head of FX Strategy at fund manager Lombard Odier in Switzerland. “You are starting to a see a rotation of growth away from the U.S.”</p>\n<p>According to strategists the months-long advance in Treasuries which saw 10Y real yields drop to fresh record lows on Monday, points to worries that a weaker period lies ahead for the economic reopening from the health crisis, though second-quarter corporate earnings have been robust for the most part. Traders are awaiting key U.S. jobs data this week to gauge the recovery and monitoring the impact of price pressures sparked by pandemic-related disruption and bottlenecks.</p>\n<p>“I don’t think the market is concerned about delta as much as it’s concerned about how it impacts inflation,”&nbsp;Shana Sissel, Spotlight Asset Group chief investment officer, said on Bloomberg Television, referring to the coronavirus variant. “The longer we have delta spread globally, the longer the supply chain disruptions will continue.”</p>\n<p>Meanwhile, on the policy front, the tapering debate continues. Federal Reserve Governor Christopher Waller&nbsp;said&nbsp;he could back a tapering announcement by September, if the next two monthly U.S. employment reports show continued gains.</p>\n<p><b>In FX, </b>the Norwegian krone and <a href=\"https://laohu8.com/S/NGD\">New</a> Zealand’s dollar led an advance against the greenback; the Canadian dollar retreated, underperforming its peers. The euro eked out an advance to a session high of 1.1885 per dollar; the pound climbed back above $1.39 and gilts halted a three-day gain as caution reigns ahead of Bank of England’s meeting on Thursday.<b>The Australian dollar jumped after the nation’s central bank said it will stick to its tapering plan, arguing that the economy will rebound from the latest virus outbreak.</b>Traders rushed to close short positions on the Aussie after the Reserve Bank of Australia decision on Tuesday, according to Asia-based FX traders. Existing AUD/NZD flows after the RBA decision propelled New Zealand’s dollar to a new session high.</p>\n<p>Australia’s currency advanced after its central bank kept a&nbsp;plan&nbsp;to taper bond purchases despite a protracted lockdown in Sydney.</p>\n<p><b>In commodities, </b>crude oil&nbsp;reversed&nbsp;earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including in the key market of China, continues to pose a risk to demand. Brent crude was up 33 cents in London at $73.28 per barrel. U.S. crude inched up to $71.56 a barrel while gold and industrial metal copper were both slightly lower at $1,810.45 per ounce and 9,594.50 a tonne respectively.</p>\n<p>Looking at the day ahead, this morning the only data due out is the June PPI print for the Euro area. This afternoon in the US June factory orders and final June revisions for durable and capital goods orders are expected as well as July vehicle sales data. Away from that the Fed’s Bowman is due to speak this evening while it’s another busy day for earnings with the likes of BP, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>, BMW and <a href=\"https://laohu8.com/S/AMGN\">Amgen</a> amongst those reporting.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-03 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Futures up: Dow 0.46%, S&amp;P 0.37%, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 0.16%.</li>\n <li>Chinese gaming stocks listed in the U.S. slump in premarket trading.</li>\n <li><a href=\"https://laohu8.com/S/UA.C\">Under Armour</a>, Translate Bio, <a href=\"https://laohu8.com/S/CLX\">Clorox</a> and more&nbsp;made&nbsp;the biggest moves in the premarket.</li>\n <li>Crude oil reversed earlier losses as sentiment improved in broader markets.</li>\n</ul>\n<p>(August 3)&nbsp;U.S. stock index futures rose on Tuesday, as an upbeat corporate earnings season and a pickup in global deals activity lifted demand for risky equities, although gains were capped by concerns around a surge in the Delta variant of the coronavirus.</p>\n<p>At 08:02 a.m. ET, Dow E-minis were up 159 points, or 0.46%, S&amp;P 500 E-minis were up 16&nbsp;points, or 0.37% and Nasdaq 100 E-minis rose 24.5 points, or 0.16%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/041b88ace41d9b6a718971a4da2e78b4\" tg-width=\"1242\" tg-height=\"484\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:02</span></p>\n<p>The big story overnight was <a href=\"https://laohu8.com/S/CAAS\">China</a>'s latest crackdown in which the XInhua-affiliated Economic <a href=\"https://laohu8.com/S/III\">Information</a> Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.&nbsp; \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.</p>\n<p>Not surprisingly, Chinese gaming stocks listed in the U.S. slump in premarket trading; among the biggest gaming-related stocks falling this morning, <a href=\"https://laohu8.com/S/NTES\">NetEase</a> sinks 8.8%, Bilibili falls 6.67%, Huya declines 4.79% and <a href=\"https://laohu8.com/S/DOYU\">DouYu</a> International slides 5.12% as of 8:11am in <a href=\"https://laohu8.com/S/NWY\">New York</a>, Other large-cap Chinese stocks are also lower in U.S. premarket trading: <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> -0.94%, Pinduoduo -1.2%, Baidu -0.37%, Didi -1.25%.</p>\n<p><img src=\"https://static.tigerbbs.com/7d28ab254bf7e852d939886a935a67a2\" tg-width=\"373\" tg-height=\"642\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: <a href=\"https://laohu8.com/S/UA\">Under Armour</a>, Translate Bio, Clorox and more</b></p>\n<p><b>1)&nbsp;Under Armour(UAA)</b> – Under Armour shares jumped 4.5% in the premarket, after the athletic apparel maker beat estimates on the top and bottom lines and the company raised its full-year forecast. Under Armour reported quarterly earnings of 24 cents per share, compared to a consensus estimate of 6 cents a share.</p>\n<p><b>2)&nbsp;Translate Bio(TBIO)</b> – French drugmakerSanofi(SNY) agreed to buy the U.S.-based biotech company for $3.2 billion, or $38 per share in cash. Translate Bio specializes in mRNA technology, the type that was used to produce thePfizerandModernaCovid-19 vaccines. Translate Bio shares soared 29.6% in premarket trading.</p>\n<p><b>3)&nbsp;Clorox(CLX) </b>– Clorox tumbled 8.6% in premarket action after the household products maker missed top and bottom line estimates for its latest quarter. Clorox’s sales fell from a year ago, when consumers stocked up on its products amid the surging pandemic.</p>\n<p><b>4)&nbsp;Eli Lilly(LLY) </b>– The drugmaker’s shares lost 1.7% in premarket trading, after falling 2 cents a share shy of estimates, with quarterly earnings of $1.87 per share. Revenue beat forecasts, but Lilly’s overall results were impacted by weaker sales of Covid-19 therapies as more Americans got vaccinated.</p>\n<p><b>5)&nbsp;<a href=\"https://laohu8.com/S/MAR\">Marriott</a>(MAR)</b> – The hotel operator’s stock gained 1.8% in premarket trading after it reported quarterly earnings of 79 cents per share, compared to a 45 cents a share consensus estimate. Revenue more than doubled from a year ago thanks to a rebound in travel demand, though it did fall slightly short of Wall Street forecasts.</p>\n<p><b>6)&nbsp;<a href=\"https://laohu8.com/S/TTWO\">Take-Two</a> Interactive(TTWO)</b> – Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> lost 4.3% premarket trading after issuing a weaker-than-expected outlook and announcing delays in new releases for some of its games. The video game producer beat estimates by 12 cents a share, with quarterly profit of $1.01 per share. Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a>’s revenue also topped Wall Street forecasts.</p>\n<p><b>7)&nbsp;BP(BP)</b> – BP surged 6.3% in premarket trading after it reported better-than-expected quarterly profit and revenue, thanks to higher oil and gas prices. The energy producer also announced a 4% dividend hike and a boost to its share buyback program.</p>\n<p><b>8)&nbsp;Stellantis(STLA) </b>– Stellantis raised its full-year profit margin outlook after the automaker reported strong first-half financial results, boosted by record margins in North America. The upbeat results came despite the impact of the global chip shortage which cut production by 700,000 vehicles. The stock rallied 5.3% in the premarket.</p>\n<p><b>9)&nbsp;<a href=\"https://laohu8.com/S/MU\">Micron Technology</a>(MU)</b> – Micron instituted its first-ever dividend, with the chip maker planning to pay 10 cents per share in cash payable on October 18. Micron also said it had updated its share buyback policy to buy more when prices are low and fewer when prices are high. Micron shares gained 1.9% in the premarket.</p>\n<p><b>10)&nbsp;<a href=\"https://laohu8.com/S/SPG\">Simon Property</a> Group(SPG)</b> – Simon Property shares rose 2.8% in premarket trading after it said sales at its shopping centers returned to pre-pandemic levels in June. The largest U.S. mall owner is hoping the improved results encourage retailers to sign new leases and help it fill space vacated during the pandemic.</p>\n<p><b>11)&nbsp;<a href=\"https://laohu8.com/S/SEDG\">SolarEdge</a> Technologies(SEDG) </b>– SolarEdge reported better-than-expected earnings and revenue for its latest quarter, with the solar energy company also providing an upbeat current-quarter forecast. SolarEdge surged 11.4% in the premarket.</p>\n<p><b>12)&nbsp;Reynolds Consumer Products(REYN)</b> – Reynolds beat estimates by a penny a share, with quarterly earnings of 39 cents per share. Revenue fell short of Street forecasts, however. The maker of products like Hefty garbage bags and Reynolds Wrap said it was pleased with the results in the face of higher input costs supply chain issues. Reynolds lost 3.6% in premarket action.</p>\n<p><b>In rates,</b> treasuries drifted lower over early European session, tracking losses in bunds and gilts. The 10-year U.S. Treasury&nbsp;yield&nbsp;edged around 2bps higher after falling as low as 1.15%; the move steepened 2s10s, 5s30s by 1bp each. Higher S&amp;P futures also added pressure on rising yields, following gains across European stocks amid positive earnings results. Germany’s 10-year yield fell to its lowest since early February at -0.486%. It was last up less than a basis point at -0.47%. Its 30-year yield, which turned negative and sent the whole German yield curve into negative territory on Monday, was hovering around 0%.</p>\n<p>“There is some definite downside bias in the dollar now,” said Vasileios Gkionakis, Global Head of FX Strategy at fund manager Lombard Odier in Switzerland. “You are starting to a see a rotation of growth away from the U.S.”</p>\n<p>According to strategists the months-long advance in Treasuries which saw 10Y real yields drop to fresh record lows on Monday, points to worries that a weaker period lies ahead for the economic reopening from the health crisis, though second-quarter corporate earnings have been robust for the most part. Traders are awaiting key U.S. jobs data this week to gauge the recovery and monitoring the impact of price pressures sparked by pandemic-related disruption and bottlenecks.</p>\n<p>“I don’t think the market is concerned about delta as much as it’s concerned about how it impacts inflation,”&nbsp;Shana Sissel, Spotlight Asset Group chief investment officer, said on Bloomberg Television, referring to the coronavirus variant. “The longer we have delta spread globally, the longer the supply chain disruptions will continue.”</p>\n<p>Meanwhile, on the policy front, the tapering debate continues. Federal Reserve Governor Christopher Waller&nbsp;said&nbsp;he could back a tapering announcement by September, if the next two monthly U.S. employment reports show continued gains.</p>\n<p><b>In FX, </b>the Norwegian krone and <a href=\"https://laohu8.com/S/NGD\">New</a> Zealand’s dollar led an advance against the greenback; the Canadian dollar retreated, underperforming its peers. The euro eked out an advance to a session high of 1.1885 per dollar; the pound climbed back above $1.39 and gilts halted a three-day gain as caution reigns ahead of Bank of England’s meeting on Thursday.<b>The Australian dollar jumped after the nation’s central bank said it will stick to its tapering plan, arguing that the economy will rebound from the latest virus outbreak.</b>Traders rushed to close short positions on the Aussie after the Reserve Bank of Australia decision on Tuesday, according to Asia-based FX traders. Existing AUD/NZD flows after the RBA decision propelled New Zealand’s dollar to a new session high.</p>\n<p>Australia’s currency advanced after its central bank kept a&nbsp;plan&nbsp;to taper bond purchases despite a protracted lockdown in Sydney.</p>\n<p><b>In commodities, </b>crude oil&nbsp;reversed&nbsp;earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including in the key market of China, continues to pose a risk to demand. Brent crude was up 33 cents in London at $73.28 per barrel. U.S. crude inched up to $71.56 a barrel while gold and industrial metal copper were both slightly lower at $1,810.45 per ounce and 9,594.50 a tonne respectively.</p>\n<p>Looking at the day ahead, this morning the only data due out is the June PPI print for the Euro area. This afternoon in the US June factory orders and final June revisions for durable and capital goods orders are expected as well as July vehicle sales data. Away from that the Fed’s Bowman is due to speak this evening while it’s another busy day for earnings with the likes of BP, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>, BMW and <a href=\"https://laohu8.com/S/AMGN\">Amgen</a> amongst those reporting.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/318dced6c8505427ba4c5a73eb4a7981","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126095878","content_text":"Futures up: Dow 0.46%, S&P 0.37%, Nasdaq 0.16%.\nChinese gaming stocks listed in the U.S. slump in premarket trading.\nUnder Armour, Translate Bio, Clorox and more made the biggest moves in the premarket.\nCrude oil reversed earlier losses as sentiment improved in broader markets.\n\n(August 3) U.S. stock index futures rose on Tuesday, as an upbeat corporate earnings season and a pickup in global deals activity lifted demand for risky equities, although gains were capped by concerns around a surge in the Delta variant of the coronavirus.\nAt 08:02 a.m. ET, Dow E-minis were up 159 points, or 0.46%, S&P 500 E-minis were up 16 points, or 0.37% and Nasdaq 100 E-minis rose 24.5 points, or 0.16%.\n*Source From Tiger Trade, EST 08:02\nThe big story overnight was China's latest crackdown in which the XInhua-affiliated Economic Information Daily cited Tencent's \"Honor of Kings\" in an article in which it said minors were addicted to online games and called for more curbs on the industry. The broadside re-ignited investor fears about state intervention in China after Beijing had already targeted the property, education and technology sectors to curb cost pressures and reassert the primacy of socialism after years of runaway market growth.  \"They don’t believe anything is off limit and will react, sometimes overreact, to anything on state media that fits the tech crackdown narrative,” Ether Yin, partner at Trivium, a Beijing-based consultancy.\nNot surprisingly, Chinese gaming stocks listed in the U.S. slump in premarket trading; among the biggest gaming-related stocks falling this morning, NetEase sinks 8.8%, Bilibili falls 6.67%, Huya declines 4.79% and DouYu International slides 5.12% as of 8:11am in New York, Other large-cap Chinese stocks are also lower in U.S. premarket trading: Alibaba -0.94%, Pinduoduo -1.2%, Baidu -0.37%, Didi -1.25%.\n\nStocks making the biggest moves in the premarket: Under Armour, Translate Bio, Clorox and more\n1) Under Armour(UAA) – Under Armour shares jumped 4.5% in the premarket, after the athletic apparel maker beat estimates on the top and bottom lines and the company raised its full-year forecast. Under Armour reported quarterly earnings of 24 cents per share, compared to a consensus estimate of 6 cents a share.\n2) Translate Bio(TBIO) – French drugmakerSanofi(SNY) agreed to buy the U.S.-based biotech company for $3.2 billion, or $38 per share in cash. Translate Bio specializes in mRNA technology, the type that was used to produce thePfizerandModernaCovid-19 vaccines. Translate Bio shares soared 29.6% in premarket trading.\n3) Clorox(CLX) – Clorox tumbled 8.6% in premarket action after the household products maker missed top and bottom line estimates for its latest quarter. Clorox’s sales fell from a year ago, when consumers stocked up on its products amid the surging pandemic.\n4) Eli Lilly(LLY) – The drugmaker’s shares lost 1.7% in premarket trading, after falling 2 cents a share shy of estimates, with quarterly earnings of $1.87 per share. Revenue beat forecasts, but Lilly’s overall results were impacted by weaker sales of Covid-19 therapies as more Americans got vaccinated.\n5) Marriott(MAR) – The hotel operator’s stock gained 1.8% in premarket trading after it reported quarterly earnings of 79 cents per share, compared to a 45 cents a share consensus estimate. Revenue more than doubled from a year ago thanks to a rebound in travel demand, though it did fall slightly short of Wall Street forecasts.\n6) Take-Two Interactive(TTWO) – Take-Two lost 4.3% premarket trading after issuing a weaker-than-expected outlook and announcing delays in new releases for some of its games. The video game producer beat estimates by 12 cents a share, with quarterly profit of $1.01 per share. Take-Two’s revenue also topped Wall Street forecasts.\n7) BP(BP) – BP surged 6.3% in premarket trading after it reported better-than-expected quarterly profit and revenue, thanks to higher oil and gas prices. The energy producer also announced a 4% dividend hike and a boost to its share buyback program.\n8) Stellantis(STLA) – Stellantis raised its full-year profit margin outlook after the automaker reported strong first-half financial results, boosted by record margins in North America. The upbeat results came despite the impact of the global chip shortage which cut production by 700,000 vehicles. The stock rallied 5.3% in the premarket.\n9) Micron Technology(MU) – Micron instituted its first-ever dividend, with the chip maker planning to pay 10 cents per share in cash payable on October 18. Micron also said it had updated its share buyback policy to buy more when prices are low and fewer when prices are high. Micron shares gained 1.9% in the premarket.\n10) Simon Property Group(SPG) – Simon Property shares rose 2.8% in premarket trading after it said sales at its shopping centers returned to pre-pandemic levels in June. The largest U.S. mall owner is hoping the improved results encourage retailers to sign new leases and help it fill space vacated during the pandemic.\n11) SolarEdge Technologies(SEDG) – SolarEdge reported better-than-expected earnings and revenue for its latest quarter, with the solar energy company also providing an upbeat current-quarter forecast. SolarEdge surged 11.4% in the premarket.\n12) Reynolds Consumer Products(REYN) – Reynolds beat estimates by a penny a share, with quarterly earnings of 39 cents per share. Revenue fell short of Street forecasts, however. The maker of products like Hefty garbage bags and Reynolds Wrap said it was pleased with the results in the face of higher input costs supply chain issues. Reynolds lost 3.6% in premarket action.\nIn rates, treasuries drifted lower over early European session, tracking losses in bunds and gilts. The 10-year U.S. Treasury yield edged around 2bps higher after falling as low as 1.15%; the move steepened 2s10s, 5s30s by 1bp each. Higher S&P futures also added pressure on rising yields, following gains across European stocks amid positive earnings results. Germany’s 10-year yield fell to its lowest since early February at -0.486%. It was last up less than a basis point at -0.47%. Its 30-year yield, which turned negative and sent the whole German yield curve into negative territory on Monday, was hovering around 0%.\n“There is some definite downside bias in the dollar now,” said Vasileios Gkionakis, Global Head of FX Strategy at fund manager Lombard Odier in Switzerland. “You are starting to a see a rotation of growth away from the U.S.”\nAccording to strategists the months-long advance in Treasuries which saw 10Y real yields drop to fresh record lows on Monday, points to worries that a weaker period lies ahead for the economic reopening from the health crisis, though second-quarter corporate earnings have been robust for the most part. Traders are awaiting key U.S. jobs data this week to gauge the recovery and monitoring the impact of price pressures sparked by pandemic-related disruption and bottlenecks.\n“I don’t think the market is concerned about delta as much as it’s concerned about how it impacts inflation,” Shana Sissel, Spotlight Asset Group chief investment officer, said on Bloomberg Television, referring to the coronavirus variant. “The longer we have delta spread globally, the longer the supply chain disruptions will continue.”\nMeanwhile, on the policy front, the tapering debate continues. Federal Reserve Governor Christopher Waller said he could back a tapering announcement by September, if the next two monthly U.S. employment reports show continued gains.\nIn FX, the Norwegian krone and New Zealand’s dollar led an advance against the greenback; the Canadian dollar retreated, underperforming its peers. The euro eked out an advance to a session high of 1.1885 per dollar; the pound climbed back above $1.39 and gilts halted a three-day gain as caution reigns ahead of Bank of England’s meeting on Thursday.The Australian dollar jumped after the nation’s central bank said it will stick to its tapering plan, arguing that the economy will rebound from the latest virus outbreak.Traders rushed to close short positions on the Aussie after the Reserve Bank of Australia decision on Tuesday, according to Asia-based FX traders. Existing AUD/NZD flows after the RBA decision propelled New Zealand’s dollar to a new session high.\nAustralia’s currency advanced after its central bank kept a plan to taper bond purchases despite a protracted lockdown in Sydney.\nIn commodities, crude oil reversed earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including in the key market of China, continues to pose a risk to demand. Brent crude was up 33 cents in London at $73.28 per barrel. U.S. crude inched up to $71.56 a barrel while gold and industrial metal copper were both slightly lower at $1,810.45 per ounce and 9,594.50 a tonne respectively.\nLooking at the day ahead, this morning the only data due out is the June PPI print for the Euro area. This afternoon in the US June factory orders and final June revisions for durable and capital goods orders are expected as well as July vehicle sales data. Away from that the Fed’s Bowman is due to speak this evening while it’s another busy day for earnings with the likes of BP, ConocoPhillips, BMW and Amgen amongst those reporting.","news_type":1},"isVote":1,"tweetType":1,"viewCount":508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}