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2023-02-17

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Google: Ignore The Noise, Its AI Is 3X Larger Than ChatGPT

2023-02-17

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Alibaba: Following Michael Burry

2023-02-17

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These Stocks Are Moving the Most Today: Tesla, Shopify, TravelCenters, Roku, and More

2022-09-17

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5 Warren Buffett Stocks to Buy and Never Sell

2022-08-29

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@BernardGilbert:$OLB Group Inc(OLB)$ OLB Group Inc (OLB) has gained Monday morning, with the stock adding 11.24% in pre-market trading to 1.88. OLB's short-term technical score of 89 indicates that the stock has traded more bullishly over the last month than 89% of stocks on the market. In the Software - Application industry, which ranks 134 out of 146 industries, the stock ranks higher than 97% of stocks. OLB Group Inc has risen 12.67% over the past month, closing at $1.49 on August 1. During this period of time, the stock fell as low as $1.12 and as high as $2.03. OLB has an average analyst recommendation of Strong Buy. The company has an average price target of $5.00.OLB Group Inc has a Long-Term Technical rank of 68. This means that trading over the last 200 trad

2022-08-29

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Nasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip

2022-08-25

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Is Tesla's Stock Split Good For Investors?

2022-08-24

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Elon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake

2022-08-24

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Elon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake

2022-08-23

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Pre-Bell｜U.S. Futures Edge up; Zoom Shares Tumble 11%

2022-08-22

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Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders

2022-08-19

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US STOCKS-Wall St Ends Higher, Cisco Systems Jumps After Forecast

2022-08-15

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Stocks Slump after Four Consecutive Weeks of S&P 500 Gains

2022-08-13

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4 Index Funds to Retire a Millionaire Without Lifting a Finger

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14:03","market":"us","language":"en","title":"Google: Ignore The Noise, Its AI Is 3X Larger Than ChatGPT","url":"https://stock-news.laohu8.com/highlight/detail?id=2311646394","media":"Seekingalpha","summary":"SummaryGoogle recently showcased its PaLM language model in response to ChatGPT. Its product made a ","content":"<html><head></head><body><h3>Summary</h3><ul><li>Google recently showcased its PaLM language model in response to ChatGPT. Its product made a &#34;mistake&#34;, but I believe this was minor and overblown by the mainstream media.</li><li>Google&#39;s PaLm language model is close to 3 times larger than GPT-3, at a staggering 540 billion parameters, versus GPT-3 at 175 billion parameters.</li><li>Alphabet&#39;s stock is undervalued intrinsically according to my forecasts and discounted cash flow valuation model.</li></ul><p>Google or Alphabet has recently been in the headlines after the company was left playing catch up after Open AI&#39;s ChatGPT, went viral. Google called a &#34;code red&#34; and hastily showcased its PaLM AI system. This was meant to silence concerns that Google was &#34;left behind&#34;. However, after the model made a mistake in answering a question...the company was left red faced. Its share price plummeted by over 7% in a day or wiping ~$100 billion from its market capitalisation. However, before you go and sell Google stock and join the rest of the herd, let&#39;s get some facts. Firstly, Google has been working on AI for decades and created the &#34;Transformer AI&#34; architecture (which ChatGPT is built on!). Secondly, the &#34;mistake&#34; its PaLM model made was extremely minor and blown out of proportional by the mainstream press. Finally, Google&#39;s PaLM model is ~3 times larger than Open AI&#39;s GPT-3 by parameter number. In this post I&#39;m going to break down the known facts regarding the AI models (from scientific papers), before diving into the intrinsic valuation of Google stock.</p><p><img src=\"https://static.tigerbbs.com/d2540a811b87b79c3ab5e4254fa3472e\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><h2>ChatGPT Vs Google PaLM</h2><p>As mentioned in the introduction, ChatGPT or the underlying (GPT-3 model) has received all the &#34;hype&#34;, whereas Google&#39;s PaLM model is much larger. According to a graph I have annotated from a Stanford cited scientific paper. Google&#39;s PaLM has a staggering 540 billion parameters versus GPT 3 at &#34;just&#34; 175 billion parameters. Thus Google&#39;s system has close to 3 times (2.97x) more parameters which is huge. In addition, Google pioneered the &#34;Transformer&#34; AI architecture in 2017, which is the fundamental system PaLM and even GPT-3 is built upon. The company does have a habit of releasing its cutting edge research to forward the progress in science. Its brand is respected for this, but moving forward I believe the company should keep its cards close to its chest to avoid opening up to competitors, as in the case of ChatGPT and now Microsoft, which I will discuss more about later.</p><p><img src=\"https://static.tigerbbs.com/97c37d36c2f2fffe607b57546db85065\" tg-width=\"640\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/></p><p>Large Language Models (Stanford cited research paper)</p><p>Next you may ask, if Google&#39;s system is much larger, why did it make a mistake? To answer this let&#39;s analyse the &#34;mistake&#34;, because mainstream news often doesn&#39;t explain the details. Below you can see a screenshot of the &#34;mistake&#34;. The prompt question asks &#34;What new discoveries from the James Webb Space Telescope can I tell my 9 year old about?&#34;. The third answer (which I&#39;ve highlighted red), says &#34;JWST took the very first pictures of a planet outside of our own solar system&#34;. This is not correct, as the first pictures of these &#34;exoplanets&#34; were taken by the European southern observatory&#39;s telescope in 2004, as confirmed by NASA.</p><p><img src=\"https://static.tigerbbs.com/0d5d7d7748258f662bdb825df8258093\" tg-width=\"640\" tg-height=\"254\" referrerpolicy=\"no-referrer\"/></p><p>Google PaLM Mistake (Google Presentation author screenshot)</p><p>Overall, I don&#39;t deem this &#34;mistake&#34; to be major and was definitely blown out of proportional by the media, thus its stock sell off was likely unjustified. In fact, upon further research I discovered that Google search also makes the same &#34;mistake&#34;. I believe this is because, the James Webb Space Telescope &#34;first took&#34; images of planets outside of our Solar system in 2022, but was not the first to do so. Thus it is simply a word mix up and in fact one could argue that the answer is not actually a mistake. As the prompt asked specifically for &#34;new discoveries&#34;, by the JWST which led to the answer.</p><p><img src=\"https://static.tigerbbs.com/ecba11e4bc1335d123abc1144694f10a\" tg-width=\"640\" tg-height=\"563\" referrerpolicy=\"no-referrer\"/></p><p>Google Search James Webb Telescope &#34;mistake&#34; (Author Google Search)</p><p>It also makes sense to remember ChatGPT has made many mistakes in the past and these are widely known across the internet. For example the below prompt asks &#34;who can create a petition on the UK government e-petitions system&#34;. ChatGPT answers &#34;anyone&#34;, when in reality one must be a British citizen or resident for obvious reasons. In addition, ChatGPT&#39;s training data only goes up to 2021. For example, ChatGPT doesn&#39;t know Argentina won the world cup in 2022. Interestingly, we did not see many of ChatGPT&#39;s mistakes impact Open AI negatively, in fact Microsoft (MSFT) went onto to invest $10 billion into the business.</p><p><img src=\"https://static.tigerbbs.com/83d8652580bc0720c00e6b25267ac4b3\" tg-width=\"640\" tg-height=\"460\" referrerpolicy=\"no-referrer\"/></p><p>ChatGPT mistakes (Jerry Fishendens)</p><p>I believe the difference in positive/negative media coverage has really been all about expectations. Society has a high expectation of Google and the company has a huge amount of responsibility, when compared with a startup such as Open AI, which effectively had nothing to lose by releasing its system to the public in November 2022.</p><p>Google could have released its PaLM model much earlier, as it was announced in April 2022. However, the company has held back for a variety of reasons, from accuracy to safety and bias. Google has a reputation to maintain and thus must ensure its system is immensely accurate before release or its brand would be damaged. In the short term this meant the company has lost out on &#34;hype&#34;, but long term it should be better for the platform (as long as they don&#39;t wait too long). In addition, the safety element is important as the language model needs to ensure it doesn&#39;t entice acts of violence, suicide or even help others plot crimes, hack into systems etc.</p><p>Bias is also an interestingly area, as often these models may contain lots of stereotypical information regarding religion and races, which could be offensive to others. Then of course we have &#34;explainability&#34;, which is the ability of the model to explain how/why it came up with certain answers. Following on from this I noticed a gaping hole in the ChatGPT system. The system doesn&#39;t offer the &#34;source&#34; of any of its information. This means for it to be used as a &#34;search engine&#34; there could be law suits in the pipeline. For example, ChatGPT is &#34;trained&#34; on all the blog posts ever written on the internet, but doesn&#39;t credit the authors. In the traditional search world, when you reference another blog, most people then cite a source (through a backlink). This then gives credit to the original source, while also boosting their website &#34;domain authority&#34; and thus in turn making it more likely to &#34;rank&#34; higher on Google. This system works because the backlinks help generate more website traffic (through rankings), which can then be monetised through adverts and product sales. For example, I have written over 300 blog posts on Seeking Alpha, which has generated millions of views of website traffic and thus a portion of this can be monetised. If a large language model simply scraped this information with no author credit, then there would be no incentive for bloggers to write long term, which would effectively cause the internet&#39;s information to be stunted. Then of course we have plagiarism. I have tested ChatGPT to write mini blog posts on topics and upon running it through a plagiarism checker, copying was detected. Thus this means author credit issues, copyright infringement etc.</p><p>A positive for Google is the company&#39;s core business is internet search, thus the business has a greater chance of introducing sources for data and explainability into its models. In fact this type of technology is called &#34;retrieval based NLP&#34; and is really an extension of traditional search. From the graphic below from a Stanford lecture (sorry about the blur), you can see a question was asked then multiple sources were &#34;scored&#34;, before being synthesised into a single answer with links.</p><p><img src=\"https://static.tigerbbs.com/b06be1170f96dd1c49edce2ef0c81b51\" tg-width=\"640\" tg-height=\"749\" referrerpolicy=\"no-referrer\"/></p><p>Retrieval Based NLP (Stanford lecture author screenshot)</p><p>Microsoft &#34;feels&#34; ahead of Google in generative AI after its $10 billion investment into Open AI and its announced plans to integrate into Bing, Microsoft Edge and other Microsoft products. However, upon closer inspection after visiting Bing and downloading the new &#34;AI powered&#34; edge browser I still found this to be in beta mode and I had to join a waitlist.</p><p></p><p><img src=\"https://static.tigerbbs.com/ed63e1011efab437baae1f6cbafbd38f\" tg-width=\"640\" tg-height=\"233\" referrerpolicy=\"no-referrer\"/></p><p>Bing Generative AI Waitlist (Feb 13th 2023)</p><p>Bing/Microsoft Edge does enable a few stock answers to be given alongside search results, which is pretty messy (in my opinion) and the full functionality is still in the &#34;waitlist&#34; phase. Thus I wouldn&#39;t worry about Bing stealing too much market share from Google anytime soon. In fact, it may actually harm its share as users will likely visit Bing because of the AI hype but then be left disappointed (such as myself). Ironically, in the search term example Bing highlights it ranks a YouTube video at the top (which is owned by Google of course) and is the largest video search engine in the world.</p><p></p><p><img src=\"https://static.tigerbbs.com/22d3f73fddc4ce65f0d1371b8f4b6f6c\" tg-width=\"640\" tg-height=\"407\" referrerpolicy=\"no-referrer\"/></p><p>Bing Specific Search Generative AI (Bing)</p><p>I also did a review of the Google search website traffic versus Bing. Over the past three months Google has generated a staggering 259.8 billion website visits, which is astonishing. Whereas, Bing has generated &#34;just&#34; 3.464 billion website visits between November 2022 and January 2023. Interestingly enough the estimate shows Bing&#39;s search traffic actually dipped slightly from 1.16 billion visits in December 2022, to 1.148 billion in January 2023. As mentioned above, I am expecting a rise in February but if Bing doesn&#39;t show something unique and special, I doubt it will cause a significant shift in users.</p><p><img src=\"https://static.tigerbbs.com/a7280a48cd5ca947d6a584ca3f5ede74\" tg-width=\"640\" tg-height=\"204\" referrerpolicy=\"no-referrer\"/></p><p>Bing vs Google Search Website traffic (author annotation similarweb data)</p><h2>Valuation and Forecasts</h2><p>In my previous post on Google I covered its quarterly financials for the fourth quarter of 2022 in detail which you can review. Thus in this post I will just hop straight into the valuation. I have forecast 4% revenue growth for &#34;next year&#34; which in my model refers to the next four quarters. This is conservative but still slightly greater than the 1% year over year growth reported in Q4,22 at $76 billion. However, it should be noted its growth was mostly impacted by an eye watering $3 billion foreign exchange rate headwind. As on a constant currency basis, revenue actually increased by 7% year over year. The U.S dollar has started to correct down relative to the Euro very recently and thus I don&#39;t deem its impact will be as negative in 2023. This is also 1% lower than my previous post as I forecast short term competition headwinds from the new AI developments with Bing.</p><p>For years 2 to 5, I have forecast a greater 11% revenue growth per year, this is a 2% increase per year over my prior valuation model estimates. I forecast this to be driven by an improvement in the cyclical advertising market, as well as continued growth in its Cloud business which grew revenue at a solid 32% YoY in Q4,22, generating $7.3 billion. I also expect Google to improve the monetization of its popular YouTube Shorts format (TikTok equivalent), after initial technical challenges.</p><p><img src=\"https://static.tigerbbs.com/9eaf837d2fc9bf7224aae3e74817dcc6\" tg-width=\"640\" tg-height=\"300\" referrerpolicy=\"no-referrer\"/></p><p>Google stock valuation 1 (created by author Deep Tech Insights)</p><p>I have capitalized the company&#39;s R&amp;D expenses which has boosted net income. In addition, I have forecast a 33% operating margin over next 6 years, this is 1% higher than the prior forecast given AI tailwinds which I believe will drive extra revenue, once Google formally releases its PaLM AI product to the public. This may seem overly confident but the company has achieved a similar margin before in Q3,21. I forecast this to be driven by the aforementioned factors included Cloud business growth, advertising market rebound and enhanced revenue from subscription services such as YouTube premium.</p><p><img src=\"https://static.tigerbbs.com/e3c15abbb8d8b5e48ff8c68b02a101ea\" tg-width=\"640\" tg-height=\"442\" referrerpolicy=\"no-referrer\"/></p><p>Google stock valuation 2 (created by author Deep Tech Insights)</p><p>Given these forecasts I get a fair value of $145/share, the stock is currently trading at $95/share at the time of writing and thus it is over 34.6% undervalued, according to my forecasts and model.</p><p>As an extra datapoint, Alphabet trades at a forward P/E ratio equal to 18.42, which is over 31.6% cheaper than its 5 year average.</p><p><img src=\"https://static.tigerbbs.com/b5f382e0f63fa3d352f4f9266f9c4253\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><h2>Risks</h2><h4>Competition/GPT/Microsoft</h4><p>Google has dominated the search and advertising industry for decades, but now it&#39;s facing competition. As mentioned prior Microsoft&#39;s has invested $10 billion into ChatGPT and CEO Satya Nadella believes the Microsoft Edge browser can now be reborn. On an advertising front Microsoft has partnered with the world&#39;s largest streaming provider Netflix (NFLX), as its official advertising partner, which signals Microsoft&#39;s push into the advertising market.</p><p>On a technical front Microsoft (with Nvidia) has created a huge natural language model dubbed the &#34;Megatron-Turning&#34;, which has 530 billion parameters. This is 10 billion parameters less than Google&#39;s PaLM, but still pretty close. We do have the upcoming GPT-4, which many believed would be a 10X improvement with over 1 trillion parameters. However, when ChatGPT is asked the figure is closer to 175 billion parameters. Thus there is definitely misinformation going around and Open AI CEO Sam Altman debunked many of these myths. At a StricklyVC event, Altman stated that</p><blockquote>“The GPT-4 rumour mill is a ridiculous thing, I don’t know where it all comes from. It has been going for six months at this volume&#34;</blockquote><p>He also believed the hype was overblown for ChatGPT and was genuinely surprised by the viral reaction. For extra information, Google search queries are incredibly cheap for the company with the cost estimated to be one fifth of a cent. However, natural language model queries are estimated to cost ~5 times more in infrastructure expenses, according to Morgan Stanley analyst, Nowak. Therefore if half of Google&#39;s (3.3 trillion) queries were converted over to natural language models this could result in an extra $6 billion in costs. A positive for Google is I believe natural language queries will create more unique queries with different use cases in aggregate, thus the net benefit will be positive, as I&#39;ve indicated in my long term model.</p><h2>Final Thoughts</h2><p>Google is a tremendous technology company with a strong culture of innovation. I believe ChatGPT is a great &#34;product&#34; and Open AI managed to capture the initial excitement (and training data) of consumers. However, Google has been a pioneer in the AI space for decades and when it comes to search engine integration I believe the company has an edge. The advertising market is going through a cyclical downturn right now and its PaLM model &#34;mistake&#39; was definitely overblown. Given Google&#39;s stock is undervalued intrinsically (according to my forecasts and model) I believe this is just another greater buying opportunity for long term investors.</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>Google: Ignore The Noise, Its AI Is 3X Larger Than ChatGPT</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\">\nGoogle: Ignore The Noise, Its AI Is 3X Larger Than ChatGPT\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-16 14:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4578575-google-ignore-noise-ai-3x-larger-than-chatgpt><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGoogle recently showcased its PaLM language model in response to ChatGPT. Its product made a \"mistake\", but I believe this was minor and overblown by the mainstream media.Google's PaLm language...</p>\n\n<a href=\"https://seekingalpha.com/article/4578575-google-ignore-noise-ai-3x-larger-than-chatgpt\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://seekingalpha.com/article/4578575-google-ignore-noise-ai-3x-larger-than-chatgpt","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2311646394","content_text":"SummaryGoogle recently showcased its PaLM language model in response to ChatGPT. Its product made a \"mistake\", but I believe this was minor and overblown by the mainstream media.Google's PaLm language model is close to 3 times larger than GPT-3, at a staggering 540 billion parameters, versus GPT-3 at 175 billion parameters.Alphabet's stock is undervalued intrinsically according to my forecasts and discounted cash flow valuation model.Google or Alphabet has recently been in the headlines after the company was left playing catch up after Open AI's ChatGPT, went viral. Google called a \"code red\" and hastily showcased its PaLM AI system. This was meant to silence concerns that Google was \"left behind\". However, after the model made a mistake in answering a question...the company was left red faced. Its share price plummeted by over 7% in a day or wiping ~$100 billion from its market capitalisation. However, before you go and sell Google stock and join the rest of the herd, let's get some facts. Firstly, Google has been working on AI for decades and created the \"Transformer AI\" architecture (which ChatGPT is built on!). Secondly, the \"mistake\" its PaLM model made was extremely minor and blown out of proportional by the mainstream press. Finally, Google's PaLM model is ~3 times larger than Open AI's GPT-3 by parameter number. In this post I'm going to break down the known facts regarding the AI models (from scientific papers), before diving into the intrinsic valuation of Google stock.Data by YChartsChatGPT Vs Google PaLMAs mentioned in the introduction, ChatGPT or the underlying (GPT-3 model) has received all the \"hype\", whereas Google's PaLM model is much larger. According to a graph I have annotated from a Stanford cited scientific paper. Google's PaLM has a staggering 540 billion parameters versus GPT 3 at \"just\" 175 billion parameters. Thus Google's system has close to 3 times (2.97x) more parameters which is huge. In addition, Google pioneered the \"Transformer\" AI architecture in 2017, which is the fundamental system PaLM and even GPT-3 is built upon. The company does have a habit of releasing its cutting edge research to forward the progress in science. Its brand is respected for this, but moving forward I believe the company should keep its cards close to its chest to avoid opening up to competitors, as in the case of ChatGPT and now Microsoft, which I will discuss more about later.Large Language Models (Stanford cited research paper)Next you may ask, if Google's system is much larger, why did it make a mistake? To answer this let's analyse the \"mistake\", because mainstream news often doesn't explain the details. Below you can see a screenshot of the \"mistake\". The prompt question asks \"What new discoveries from the James Webb Space Telescope can I tell my 9 year old about?\". The third answer (which I've highlighted red), says \"JWST took the very first pictures of a planet outside of our own solar system\". This is not correct, as the first pictures of these \"exoplanets\" were taken by the European southern observatory's telescope in 2004, as confirmed by NASA.Google PaLM Mistake (Google Presentation author screenshot)Overall, I don't deem this \"mistake\" to be major and was definitely blown out of proportional by the media, thus its stock sell off was likely unjustified. In fact, upon further research I discovered that Google search also makes the same \"mistake\". I believe this is because, the James Webb Space Telescope \"first took\" images of planets outside of our Solar system in 2022, but was not the first to do so. Thus it is simply a word mix up and in fact one could argue that the answer is not actually a mistake. As the prompt asked specifically for \"new discoveries\", by the JWST which led to the answer.Google Search James Webb Telescope \"mistake\" (Author Google Search)It also makes sense to remember ChatGPT has made many mistakes in the past and these are widely known across the internet. For example the below prompt asks \"who can create a petition on the UK government e-petitions system\". ChatGPT answers \"anyone\", when in reality one must be a British citizen or resident for obvious reasons. In addition, ChatGPT's training data only goes up to 2021. For example, ChatGPT doesn't know Argentina won the world cup in 2022. Interestingly, we did not see many of ChatGPT's mistakes impact Open AI negatively, in fact Microsoft (MSFT) went onto to invest $10 billion into the business.ChatGPT mistakes (Jerry Fishendens)I believe the difference in positive/negative media coverage has really been all about expectations. Society has a high expectation of Google and the company has a huge amount of responsibility, when compared with a startup such as Open AI, which effectively had nothing to lose by releasing its system to the public in November 2022.Google could have released its PaLM model much earlier, as it was announced in April 2022. However, the company has held back for a variety of reasons, from accuracy to safety and bias. Google has a reputation to maintain and thus must ensure its system is immensely accurate before release or its brand would be damaged. In the short term this meant the company has lost out on \"hype\", but long term it should be better for the platform (as long as they don't wait too long). In addition, the safety element is important as the language model needs to ensure it doesn't entice acts of violence, suicide or even help others plot crimes, hack into systems etc.Bias is also an interestingly area, as often these models may contain lots of stereotypical information regarding religion and races, which could be offensive to others. Then of course we have \"explainability\", which is the ability of the model to explain how/why it came up with certain answers. Following on from this I noticed a gaping hole in the ChatGPT system. The system doesn't offer the \"source\" of any of its information. This means for it to be used as a \"search engine\" there could be law suits in the pipeline. For example, ChatGPT is \"trained\" on all the blog posts ever written on the internet, but doesn't credit the authors. In the traditional search world, when you reference another blog, most people then cite a source (through a backlink). This then gives credit to the original source, while also boosting their website \"domain authority\" and thus in turn making it more likely to \"rank\" higher on Google. This system works because the backlinks help generate more website traffic (through rankings), which can then be monetised through adverts and product sales. For example, I have written over 300 blog posts on Seeking Alpha, which has generated millions of views of website traffic and thus a portion of this can be monetised. If a large language model simply scraped this information with no author credit, then there would be no incentive for bloggers to write long term, which would effectively cause the internet's information to be stunted. Then of course we have plagiarism. I have tested ChatGPT to write mini blog posts on topics and upon running it through a plagiarism checker, copying was detected. Thus this means author credit issues, copyright infringement etc.A positive for Google is the company's core business is internet search, thus the business has a greater chance of introducing sources for data and explainability into its models. In fact this type of technology is called \"retrieval based NLP\" and is really an extension of traditional search. From the graphic below from a Stanford lecture (sorry about the blur), you can see a question was asked then multiple sources were \"scored\", before being synthesised into a single answer with links.Retrieval Based NLP (Stanford lecture author screenshot)Microsoft \"feels\" ahead of Google in generative AI after its $10 billion investment into Open AI and its announced plans to integrate into Bing, Microsoft Edge and other Microsoft products. However, upon closer inspection after visiting Bing and downloading the new \"AI powered\" edge browser I still found this to be in beta mode and I had to join a waitlist.Bing Generative AI Waitlist (Feb 13th 2023)Bing/Microsoft Edge does enable a few stock answers to be given alongside search results, which is pretty messy (in my opinion) and the full functionality is still in the \"waitlist\" phase. Thus I wouldn't worry about Bing stealing too much market share from Google anytime soon. In fact, it may actually harm its share as users will likely visit Bing because of the AI hype but then be left disappointed (such as myself). Ironically, in the search term example Bing highlights it ranks a YouTube video at the top (which is owned by Google of course) and is the largest video search engine in the world.Bing Specific Search Generative AI (Bing)I also did a review of the Google search website traffic versus Bing. Over the past three months Google has generated a staggering 259.8 billion website visits, which is astonishing. Whereas, Bing has generated \"just\" 3.464 billion website visits between November 2022 and January 2023. Interestingly enough the estimate shows Bing's search traffic actually dipped slightly from 1.16 billion visits in December 2022, to 1.148 billion in January 2023. As mentioned above, I am expecting a rise in February but if Bing doesn't show something unique and special, I doubt it will cause a significant shift in users.Bing vs Google Search Website traffic (author annotation similarweb data)Valuation and ForecastsIn my previous post on Google I covered its quarterly financials for the fourth quarter of 2022 in detail which you can review. Thus in this post I will just hop straight into the valuation. I have forecast 4% revenue growth for \"next year\" which in my model refers to the next four quarters. This is conservative but still slightly greater than the 1% year over year growth reported in Q4,22 at $76 billion. However, it should be noted its growth was mostly impacted by an eye watering $3 billion foreign exchange rate headwind. As on a constant currency basis, revenue actually increased by 7% year over year. The U.S dollar has started to correct down relative to the Euro very recently and thus I don't deem its impact will be as negative in 2023. This is also 1% lower than my previous post as I forecast short term competition headwinds from the new AI developments with Bing.For years 2 to 5, I have forecast a greater 11% revenue growth per year, this is a 2% increase per year over my prior valuation model estimates. I forecast this to be driven by an improvement in the cyclical advertising market, as well as continued growth in its Cloud business which grew revenue at a solid 32% YoY in Q4,22, generating $7.3 billion. I also expect Google to improve the monetization of its popular YouTube Shorts format (TikTok equivalent), after initial technical challenges.Google stock valuation 1 (created by author Deep Tech Insights)I have capitalized the company's R&D expenses which has boosted net income. In addition, I have forecast a 33% operating margin over next 6 years, this is 1% higher than the prior forecast given AI tailwinds which I believe will drive extra revenue, once Google formally releases its PaLM AI product to the public. This may seem overly confident but the company has achieved a similar margin before in Q3,21. I forecast this to be driven by the aforementioned factors included Cloud business growth, advertising market rebound and enhanced revenue from subscription services such as YouTube premium.Google stock valuation 2 (created by author Deep Tech Insights)Given these forecasts I get a fair value of $145/share, the stock is currently trading at $95/share at the time of writing and thus it is over 34.6% undervalued, according to my forecasts and model.As an extra datapoint, Alphabet trades at a forward P/E ratio equal to 18.42, which is over 31.6% cheaper than its 5 year average.Data by YChartsRisksCompetition/GPT/MicrosoftGoogle has dominated the search and advertising industry for decades, but now it's facing competition. As mentioned prior Microsoft's has invested $10 billion into ChatGPT and CEO Satya Nadella believes the Microsoft Edge browser can now be reborn. On an advertising front Microsoft has partnered with the world's largest streaming provider Netflix (NFLX), as its official advertising partner, which signals Microsoft's push into the advertising market.On a technical front Microsoft (with Nvidia) has created a huge natural language model dubbed the \"Megatron-Turning\", which has 530 billion parameters. This is 10 billion parameters less than Google's PaLM, but still pretty close. We do have the upcoming GPT-4, which many believed would be a 10X improvement with over 1 trillion parameters. However, when ChatGPT is asked the figure is closer to 175 billion parameters. Thus there is definitely misinformation going around and Open AI CEO Sam Altman debunked many of these myths. At a StricklyVC event, Altman stated that“The GPT-4 rumour mill is a ridiculous thing, I don’t know where it all comes from. It has been going for six months at this volume\"He also believed the hype was overblown for ChatGPT and was genuinely surprised by the viral reaction. For extra information, Google search queries are incredibly cheap for the company with the cost estimated to be one fifth of a cent. However, natural language model queries are estimated to cost ~5 times more in infrastructure expenses, according to Morgan Stanley analyst, Nowak. Therefore if half of Google's (3.3 trillion) queries were converted over to natural language models this could result in an extra $6 billion in costs. A positive for Google is I believe natural language queries will create more unique queries with different use cases in aggregate, thus the net benefit will be positive, as I've indicated in my long term model.Final ThoughtsGoogle is a tremendous technology company with a strong culture of innovation. I believe ChatGPT is a great \"product\" and Open AI managed to capture the initial excitement (and training data) of consumers. However, Google has been a pioneer in the AI space for decades and when it comes to search engine integration I believe the company has an edge. The advertising market is going through a cyclical downturn right now and its PaLM model \"mistake' was definitely overblown. Given Google's stock is undervalued intrinsically (according to my forecasts and model) I believe this is just another greater buying opportunity for long term investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954444556,"gmtCreate":1676591982975,"gmtModify":1676591985775,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090234997856730","idStr":"4090234997856730"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954444556","repostId":"2311464379","repostType":4,"repost":{"id":"2311464379","pubTimestamp":1676540726,"share":"https://ttm.financial/m/news/2311464379?lang=&edition=fundamental","pubTime":"2023-02-16 17:45","market":"us","language":"en","title":"Alibaba: Following Michael Burry","url":"https://stock-news.laohu8.com/highlight/detail?id=2311464379","media":"seekingalpha","summary":"AlexSava/iStock via Getty ImagesMichael Burry's fund Scion Capital has just released its 13F filing,","content":"<html><head></head><body><p></p><p><img src=\"https://static.tigerbbs.com/f2ca9a71c238ee6502ab070f9b40f1a4\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>AlexSava/iStock via Getty Images</p><p></p><p>Michael Burry&#39;s fund Scion Capital has just released its 13F filing, showing that the renowned fund, which became notorious for shorting the housing market in 2008, has taken a decent position in Alibaba (NYSE:BABA).</p><p>We discuss why we strongly believe Alibaba stock to be a &#39;buy&#39;, the reasoning behind why Michael Burry presumably bought his 50,000 shares in the stock, along with our own valuation model and some unique macroeconomic insights.</p><h2>As For Me, I Like Hong Kong</h2><p>Michael Burry alluded to his interest in Chinese stocks not too long ago, in a series of a few tweets. One of those tweets simply said without context:</p><blockquote>As for me, I like Hong Kong. (12/04/2022, Twitter)</blockquote><p>More importantly, he shared a statement earlier in October when the Hang Seng was heading for new lows around the 15,000 price level, the same levels at which the Hang Seng also traded in 1997. He had the following to say:</p><blockquote>Meet the new boss, same as the old boss. The Hang Seng recently hit 1997 levels. 25 years. Yet GDP multiplied 18 times during that time. 1997 valuations were 20x Earnings, 10x EV/Sales, 3x Tangible book. Now 7/1/1. Note, 3 of the last 4 Premiers served 3 terms. (10/25/2022, Twitter)</blockquote><p>He also shared the chart below, which clearly shows that the index has not changed much over the past 25 years.</p><p><img src=\"https://static.seekingalpha.com/uploads/2023/2/14/52756760-1676423859498847.jpg\" tg-width=\"640\" tg-height=\"425\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Bloomberg Terminal (Michael Burry)</p><p></p><p>To give some context: Chinese stocks seem dirt cheap. Data on Chinese indices are quite scarce, but the data that can be viewed seem to indicate that China is in a bottoming out process at current price levels.</p><p>If we look at the Hang Seng Index, as Michael Burry also pointed out, it typically trades at a P/E ratio of about 14x. And with 1 standard deviation down, it comes down to a valuation of 10x P/E. At the 7x P/E ratio he pointed out, when the index was trading around 15,000, it was trading more than 1 standard deviation below trend. That&#39;s similar to where it was trading during its lows in 1999 and 2009.</p><p>The lowest valuation we could find in modern history was a P/E ratio of 6.1x in the early 1980s. Currently, the Hang Seng is trading around a P/E ratio of 8.46 or a CAPE ratio of 9.59x (TTM).</p><p></p><p><img src=\"https://static.tigerbbs.com/05eae8b1e28726fbf7e3eca97efe8779\" tg-width=\"640\" tg-height=\"366\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Bloomberg &amp; iFAST</p><p></p><p>Which also ties in perfectly with a tweet he made earlier:</p><blockquote>China&#39;s markets are having an &#34;America in early 2009&#34; moment. Fear and uncertainty are peaking or close to it But China is too important to America, 20X Russia. America cannot effectively fight or sanction China without spiting itself nearly as severely. Just ask @KingJames (09/21/2022, Twitter)</blockquote><p>That last statement may have been directed toward LeBron James and his attitude in the past. So from a historical and relative valuation perspective, it could well be that the bottom has already been reached for China.</p><p>If we overlay the indices of the largest markets, presumably the U.S., China and Europe, they have traded relatively evenly in the past. That was mostly until about 2013, when the Hang Seng was consistently cheaper than Europe and the US. We think there is a good chance that this widening divergence will eventually reverse.</p><p></p><p><img src=\"https://static.tigerbbs.com/f54bcc4dccacf6a5e6f87a7135e7f48f\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Bloomberg</p><p></p><p>As for when Michael Burry bought his shares, the report reflects the shares he owned at the end of the fourth quarter. We can&#39;t know exactly what price Dr. Burry paid, but we do know that it was in the range of $63.15 and $94.17.</p><p>For simplicity, we take $78.87 because that was the average price range where Alibaba shares traded in Q4 2022.</p><p></p><p><img src=\"https://static.tigerbbs.com/62306af0dc157b7bd7c55261cfffbc97\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p></p><p>Just before Michael Burry started his Hedge Fund, he explained his investment strategy and applied it to case studies. In fact, Michael Burry uses Technical Analysis, but mainly for risk management and nothing too crazy.</p><p>He stated this on Technical Analysis:</p><blockquote>Nothing fancy. But I prefer to buy within 10% to 15% of a 52-week low that has shown itself to offer some price support. That&#39;s the contrarian part of me.</blockquote><p>This is where it fits perfectly with Alibaba, as it went right back to where it was in 2015/2016, bouncing perfectly off its support around $58. We think there is a chance that Dr. Burry actually bought his shares below $66, or 15% above trend, although it is mostly speculation on our side.</p><p></p><p><img src=\"https://static.tigerbbs.com/2f0ae04c0bcbff77d4cd3cf31517c133\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p></p><p>Still, we think the stock becomes a strong buy when it gets into this $66 trading range. This is for valuation reasons we will explain, and because we can buy the stock and set a stop-loss at $58 in case Alibaba breaks through that support level, and limit losses to just over -12%.</p><h2>Our Valuation Model</h2><p>Alibaba is perhaps one of the most undervalued companies we believe is currently on the market. Paradoxically, for a company that has seen its revenues grow at an average annual rate of 43.3% between 2013 and 2022, it is only trading at a Forward P/E ratio of 13.47x.</p><p></p><p><img src=\"https://static.tigerbbs.com/74854b62d1d3f1cade9a557946e97153\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p></p><p>And this analogy can be extended across the board. Alibaba has experienced astronomical growth in terms of EBITDA, with an annual growth rate of 33.8%. Free cash flow has also grown tremendously, from $1.93BN in 2013 to $14.19BN in the past 12 months.</p><p>This means that both our measures EV/EBITDA and P/FCF check out. We believe, in this case, that the rewards still far outweigh the risks by trading below 12x FCF or at a relatively normal 17x EV/EBITDA.</p><p></p><p><img src=\"https://static.tigerbbs.com/a8a15ded653c6fd4af156e1635071eab\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p></p><p>That&#39;s another reason why it would be a great buy if it gets near those all-time lows. It certainly has the same characteristics as the opportunity to buy Amazon (AMZN) in late 2008, when it also bottomed around a 10x EV/EBITDA multiple and a P/FCF multiple of 15. However, we understand that Alibaba could still bottom at lower levels, as the U.S. has always traded at a certain premium to China.</p><p></p><p><img src=\"https://static.tigerbbs.com/b4e2671e8cdb73e7af4d6ea11df5bb69\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p></p><p>For us, Alibaba seems right on both an absolute and relative valuation, based on simple measures. Since we are long-term investors, we will look at how we see Alibaba for the future and where it could be in the next 10 years.</p><p>First, revenue. Alibaba has experienced monstrous growth of more than 43% over the past 10 years, in the same exponential fashion as Amazon. There are many reasons to believe that this growth could continue for quite some time, although we have modeled our forecast more conservatively.</p><p>After all, Amazon has managed to grow its sales by more than 24% over the past decade against all odds, from the same baseline which Alibaba is at right now. We still factored in a lot of headwinds for 2023, close to the Wall Street forecasts, as short-term forecasts tend to be relatively reliable. We also factored in headwinds for EBITDA margins, but expect them to return to healthier levels.</p><p></p><p><img src=\"https://static.tigerbbs.com/de3bb042e7a9f1df676b23e1f83db58a\" tg-width=\"640\" tg-height=\"153\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author&#39;s Valuation Model</p><p></p><p>A relative measure is that Alibaba will average an EBITDA margin of 33.8% between 2015 and 2020. We expect Alibaba&#39;s cloud, which is still in its infancy at &lt;0.1% of China&#39;s GDP, to be a major driver of this growth, providing huge tailwinds in addition to domestic trade revenues, like has been the case for Amazon over the past decade.</p><p>This is also in line with the expected CAGR of 12.4% that China will experience, according to market research. From a cash flow perspective, we have also modeled headwinds for 2023. We will explain our reasoning for these headwinds and a lower growth rate in the next section of our valuation. Our cash flow estimates are based on a linear growth rate closer to 12%, compared to the CFO&#39;s 33.6% growth rate over the past decade.</p><p>In all of our models, we also consider stock-based compensation to provide a true picture of profitability, as stock-based compensation historically appears to be near 10% of revenue.</p><p></p><p><img src=\"https://static.tigerbbs.com/5595e07f92a75dff651aea220517b89c\" tg-width=\"640\" tg-height=\"137\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author&#39;s Valuation Model</p><p></p><p>Capital expenditures were also modeled accordingly and grow linearly with revenues. Our valuation shows an expected EBITDA of $70.66BN and FCFE of $40.74BN by 2032.</p><p>So on an EV/EBITDA basis, taking into account cash and debt, we arrive at a market capitalization of about $1.00T around 2032, or $372.77 per share at a 14x multiple. We chose a lower multiple of 14, compared to the average of 16x, to account for the lower valuations in China relative to the US.</p><p></p><p><img src=\"https://static.tigerbbs.com/bee84eaeeeb76c8e27809b1ec2c42405\" tg-width=\"640\" tg-height=\"124\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author&#39;s Valuation Model</p><p></p><p>On an FCFE basis, as you can see below, we think Alibaba has the potential to generate $15.16 in FCFE/share by 2032. We again chose a fairly high FCFE yield of 6%, taking into account higher interest rates and the China discount rate. We arrive at a price per share of $252.74 on an FCFE basis.</p><p></p><p><img src=\"https://static.tigerbbs.com/850dcf6f3da52f81affc926df126aff0\" tg-width=\"640\" tg-height=\"101\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author&#39;s Valuation Model</p><p></p><p>Finally, if we take both valuations together at a 50% weighting, we get our final estimate of $312.76 per share, or roughly a 200% increase over the current share price.</p><p>In an IRR calculator, that&#39;s a stunning 20.06% IRR over the next 10 years. We can&#39;t find many stocks with a higher IRR, frankly.</p><p></p><p><img src=\"https://static.tigerbbs.com/a3041e260a9c605af137c03a5317e80d\" tg-width=\"640\" tg-height=\"188\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author&#39;s Valuation Model</p><p></p><p>To us, everything fits: there is a margin of safety on a technical analysis basis and current valuation basis, trading at low multiples. Even if growth were to disappoint, at an EV/EBITDA multiplier of 12x it can be considered an attractive value stock.</p><p>In summary, the downside is relatively limited when looking at fundamentals, while the upside potential is absolutely enormous. As for the downside, there are quite a few risks.</p><h2>The Kitchen Is Heating Up</h2><p>All that growth and opportunity sounds fantastic. So why do we think Alibaba is not yet a &#34;Strong Buy&#34; at current prices. Well, there are still a lot of daunting risk factors to consider.</p><p>And getting back to Michael Burry&#39;s notion that GDP has multiplied 18 times while stocks have not really moved, we want to add some caveats. Because China&#39;s GDP and growth model can be a bit misleading. In this situation, the stock market may be the smartest one in the room, not GDP.</p><p>While China&#39;s GDP has grown astronomically, there are reasons to believe that this rise will not last forever. One such reason is China&#39;s economic model, which can essentially be described as &#34;growth at any cost.&#34; As a result, China&#39;s economy has seemingly become more credit-driven in recent history. This came to light for most people with Evergrande in late 2021, which revealed the unhealthy and unsustainable growth of China&#39;s real estate market.</p><p></p><p><img src=\"https://static.tigerbbs.com/0c1fd4ccb5691fe9c7eb653af1d65e10\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>PBOC, NBS, WSJ</p><p></p><p>And we have all seen what a credit-driven frenzy can look like, just look at Japan in 1989. Funnily enough, China&#39;s real estate to GDP ratio is about the same as Japan&#39;s in 1989, with a housing to GDP ratio of 3x.</p><p>Currently, China&#39;s debt-to-GDP ratio exceeds the U.S., although it is still smaller than Japan, which takes the crown as the global leader in debt-to-GDP ratio.</p><p></p><p><img src=\"https://static.tigerbbs.com/991d50b67f73b6f23e381ef74afc1456\" tg-width=\"602\" tg-height=\"395\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Deutsche Bank</p><p></p><p>China&#39;s model of GDP growth at all costs, at the expense of wealth, must one day come to a halt. For example, it was recently revealed that China overestimated its population by 100 million and is shrinking for the first time in 60 years, contrary to what was previously believed to be a massively growing nation.</p><p>Certain things such as China&#39;s ever-growing trade surplus over the past 25 years is also a major factor in China&#39;s economic model, although times have changed greatly since then. Will China be able to grow its surplus indefinitely, as it has in the past? We doubt it will.</p><p></p><p><img src=\"https://static.tigerbbs.com/b2737f7ac29dab11ffa229b29b422a9b\" tg-width=\"640\" tg-height=\"375\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Bloomberg</p><p></p><p>Still, even if certain elements of GDP are overestimated, there is much reason to believe that the Chinese stock market should not be where it was 25 years ago, as most people see that much progress has clearly been made since then.</p><p>There are also reasons to believe that Alibaba will benefit because it is a company the government would rather not be without. It would be about the same as the U.S. trying to shut down Amazon. Too many jobs and too many consumers depend on the company, and it is seen as one of the most valuable assets in the economy. Anyone would have too hard a time getting rid of it.</p><p>And maybe China is uninvestable. But we think Alibaba is one of the few that subverts that rule and still falls into our circle of competence, because of its sheer size, low valuation and its growth prospects. Or maybe, if investors can&#39;t stand the heat, they should stay out of the kitchen.</p><h2>The Bottom Line</h2><p>Although China may face some headwinds today and in the coming year, we think the market is in a bottoming out process and ready to trade above that Hang Seng trend line of 15,000.</p><p>In our opinion, Michael Burry also probably sees China as undervalued, having bought 50,000 shares of Alibaba and some other Chinese companies. Based on EV/EBITDA and P/FCF, it is just too cheap to ignore, and the rewards currently seem to outweigh the risks with an IRR over 20%. If the stock returns to all-time lows, we consider it a strong buy.</p><p>Those near-term headwinds, such as a macroeconomic downturn as we mentioned, or tensions such as recently with Chinese spy balloons ratcheting up tensions, should dissipate at some point in our view. And when that happens, Alibaba is poised to run.</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>Alibaba: Following Michael Burry</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\">\nAlibaba: Following Michael Burry\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-16 17:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4578529-alibaba-following-michael-burry><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AlexSava/iStock via Getty ImagesMichael Burry's fund Scion Capital has just released its 13F filing, showing that the renowned fund, which became notorious for shorting the housing market in 2008, has...</p>\n\n<a href=\"https://seekingalpha.com/article/4578529-alibaba-following-michael-burry\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","BK4122":"互联网与直销零售","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","BK4099":"汽车制造商","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU1046422090.SGD":"Fidelity Pacific A-SGD","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BABA":"阿里巴巴","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","LU0079474960.USD":"联博美国增长基金A","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","BK4523":"印度概念","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4566":"资本集团","BK4587":"ChatGPT概念","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","BK4575":"芯片概念","BK4524":"宅经济概念","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4559":"巴菲特持仓","BK4527":"明星科技股","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","09988":"阿里巴巴-W","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4526":"热门中概股","LU1688375341.USD":"贝莱德中国灵活股票基金","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD"},"source_url":"https://seekingalpha.com/article/4578529-alibaba-following-michael-burry","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2311464379","content_text":"AlexSava/iStock via Getty ImagesMichael Burry's fund Scion Capital has just released its 13F filing, showing that the renowned fund, which became notorious for shorting the housing market in 2008, has taken a decent position in Alibaba (NYSE:BABA).We discuss why we strongly believe Alibaba stock to be a 'buy', the reasoning behind why Michael Burry presumably bought his 50,000 shares in the stock, along with our own valuation model and some unique macroeconomic insights.As For Me, I Like Hong KongMichael Burry alluded to his interest in Chinese stocks not too long ago, in a series of a few tweets. One of those tweets simply said without context:As for me, I like Hong Kong. (12/04/2022, Twitter)More importantly, he shared a statement earlier in October when the Hang Seng was heading for new lows around the 15,000 price level, the same levels at which the Hang Seng also traded in 1997. He had the following to say:Meet the new boss, same as the old boss. The Hang Seng recently hit 1997 levels. 25 years. Yet GDP multiplied 18 times during that time. 1997 valuations were 20x Earnings, 10x EV/Sales, 3x Tangible book. Now 7/1/1. Note, 3 of the last 4 Premiers served 3 terms. (10/25/2022, Twitter)He also shared the chart below, which clearly shows that the index has not changed much over the past 25 years.Bloomberg Terminal (Michael Burry)To give some context: Chinese stocks seem dirt cheap. Data on Chinese indices are quite scarce, but the data that can be viewed seem to indicate that China is in a bottoming out process at current price levels.If we look at the Hang Seng Index, as Michael Burry also pointed out, it typically trades at a P/E ratio of about 14x. And with 1 standard deviation down, it comes down to a valuation of 10x P/E. At the 7x P/E ratio he pointed out, when the index was trading around 15,000, it was trading more than 1 standard deviation below trend. That's similar to where it was trading during its lows in 1999 and 2009.The lowest valuation we could find in modern history was a P/E ratio of 6.1x in the early 1980s. Currently, the Hang Seng is trading around a P/E ratio of 8.46 or a CAPE ratio of 9.59x (TTM).Bloomberg & iFASTWhich also ties in perfectly with a tweet he made earlier:China's markets are having an \"America in early 2009\" moment. Fear and uncertainty are peaking or close to it But China is too important to America, 20X Russia. America cannot effectively fight or sanction China without spiting itself nearly as severely. Just ask @KingJames (09/21/2022, Twitter)That last statement may have been directed toward LeBron James and his attitude in the past. So from a historical and relative valuation perspective, it could well be that the bottom has already been reached for China.If we overlay the indices of the largest markets, presumably the U.S., China and Europe, they have traded relatively evenly in the past. That was mostly until about 2013, when the Hang Seng was consistently cheaper than Europe and the US. We think there is a good chance that this widening divergence will eventually reverse.BloombergAs for when Michael Burry bought his shares, the report reflects the shares he owned at the end of the fourth quarter. We can't know exactly what price Dr. Burry paid, but we do know that it was in the range of $63.15 and $94.17.For simplicity, we take $78.87 because that was the average price range where Alibaba shares traded in Q4 2022.Data by YChartsJust before Michael Burry started his Hedge Fund, he explained his investment strategy and applied it to case studies. In fact, Michael Burry uses Technical Analysis, but mainly for risk management and nothing too crazy.He stated this on Technical Analysis:Nothing fancy. But I prefer to buy within 10% to 15% of a 52-week low that has shown itself to offer some price support. That's the contrarian part of me.This is where it fits perfectly with Alibaba, as it went right back to where it was in 2015/2016, bouncing perfectly off its support around $58. We think there is a chance that Dr. Burry actually bought his shares below $66, or 15% above trend, although it is mostly speculation on our side.Data by YChartsStill, we think the stock becomes a strong buy when it gets into this $66 trading range. This is for valuation reasons we will explain, and because we can buy the stock and set a stop-loss at $58 in case Alibaba breaks through that support level, and limit losses to just over -12%.Our Valuation ModelAlibaba is perhaps one of the most undervalued companies we believe is currently on the market. Paradoxically, for a company that has seen its revenues grow at an average annual rate of 43.3% between 2013 and 2022, it is only trading at a Forward P/E ratio of 13.47x.Data by YChartsAnd this analogy can be extended across the board. Alibaba has experienced astronomical growth in terms of EBITDA, with an annual growth rate of 33.8%. Free cash flow has also grown tremendously, from $1.93BN in 2013 to $14.19BN in the past 12 months.This means that both our measures EV/EBITDA and P/FCF check out. We believe, in this case, that the rewards still far outweigh the risks by trading below 12x FCF or at a relatively normal 17x EV/EBITDA.Data by YChartsThat's another reason why it would be a great buy if it gets near those all-time lows. It certainly has the same characteristics as the opportunity to buy Amazon (AMZN) in late 2008, when it also bottomed around a 10x EV/EBITDA multiple and a P/FCF multiple of 15. However, we understand that Alibaba could still bottom at lower levels, as the U.S. has always traded at a certain premium to China.Data by YChartsFor us, Alibaba seems right on both an absolute and relative valuation, based on simple measures. Since we are long-term investors, we will look at how we see Alibaba for the future and where it could be in the next 10 years.First, revenue. Alibaba has experienced monstrous growth of more than 43% over the past 10 years, in the same exponential fashion as Amazon. There are many reasons to believe that this growth could continue for quite some time, although we have modeled our forecast more conservatively.After all, Amazon has managed to grow its sales by more than 24% over the past decade against all odds, from the same baseline which Alibaba is at right now. We still factored in a lot of headwinds for 2023, close to the Wall Street forecasts, as short-term forecasts tend to be relatively reliable. We also factored in headwinds for EBITDA margins, but expect them to return to healthier levels.Author's Valuation ModelA relative measure is that Alibaba will average an EBITDA margin of 33.8% between 2015 and 2020. We expect Alibaba's cloud, which is still in its infancy at <0.1% of China's GDP, to be a major driver of this growth, providing huge tailwinds in addition to domestic trade revenues, like has been the case for Amazon over the past decade.This is also in line with the expected CAGR of 12.4% that China will experience, according to market research. From a cash flow perspective, we have also modeled headwinds for 2023. We will explain our reasoning for these headwinds and a lower growth rate in the next section of our valuation. Our cash flow estimates are based on a linear growth rate closer to 12%, compared to the CFO's 33.6% growth rate over the past decade.In all of our models, we also consider stock-based compensation to provide a true picture of profitability, as stock-based compensation historically appears to be near 10% of revenue.Author's Valuation ModelCapital expenditures were also modeled accordingly and grow linearly with revenues. Our valuation shows an expected EBITDA of $70.66BN and FCFE of $40.74BN by 2032.So on an EV/EBITDA basis, taking into account cash and debt, we arrive at a market capitalization of about $1.00T around 2032, or $372.77 per share at a 14x multiple. We chose a lower multiple of 14, compared to the average of 16x, to account for the lower valuations in China relative to the US.Author's Valuation ModelOn an FCFE basis, as you can see below, we think Alibaba has the potential to generate $15.16 in FCFE/share by 2032. We again chose a fairly high FCFE yield of 6%, taking into account higher interest rates and the China discount rate. We arrive at a price per share of $252.74 on an FCFE basis.Author's Valuation ModelFinally, if we take both valuations together at a 50% weighting, we get our final estimate of $312.76 per share, or roughly a 200% increase over the current share price.In an IRR calculator, that's a stunning 20.06% IRR over the next 10 years. We can't find many stocks with a higher IRR, frankly.Author's Valuation ModelTo us, everything fits: there is a margin of safety on a technical analysis basis and current valuation basis, trading at low multiples. Even if growth were to disappoint, at an EV/EBITDA multiplier of 12x it can be considered an attractive value stock.In summary, the downside is relatively limited when looking at fundamentals, while the upside potential is absolutely enormous. As for the downside, there are quite a few risks.The Kitchen Is Heating UpAll that growth and opportunity sounds fantastic. So why do we think Alibaba is not yet a \"Strong Buy\" at current prices. Well, there are still a lot of daunting risk factors to consider.And getting back to Michael Burry's notion that GDP has multiplied 18 times while stocks have not really moved, we want to add some caveats. Because China's GDP and growth model can be a bit misleading. In this situation, the stock market may be the smartest one in the room, not GDP.While China's GDP has grown astronomically, there are reasons to believe that this rise will not last forever. One such reason is China's economic model, which can essentially be described as \"growth at any cost.\" As a result, China's economy has seemingly become more credit-driven in recent history. This came to light for most people with Evergrande in late 2021, which revealed the unhealthy and unsustainable growth of China's real estate market.PBOC, NBS, WSJAnd we have all seen what a credit-driven frenzy can look like, just look at Japan in 1989. Funnily enough, China's real estate to GDP ratio is about the same as Japan's in 1989, with a housing to GDP ratio of 3x.Currently, China's debt-to-GDP ratio exceeds the U.S., although it is still smaller than Japan, which takes the crown as the global leader in debt-to-GDP ratio.Deutsche BankChina's model of GDP growth at all costs, at the expense of wealth, must one day come to a halt. For example, it was recently revealed that China overestimated its population by 100 million and is shrinking for the first time in 60 years, contrary to what was previously believed to be a massively growing nation.Certain things such as China's ever-growing trade surplus over the past 25 years is also a major factor in China's economic model, although times have changed greatly since then. Will China be able to grow its surplus indefinitely, as it has in the past? We doubt it will.BloombergStill, even if certain elements of GDP are overestimated, there is much reason to believe that the Chinese stock market should not be where it was 25 years ago, as most people see that much progress has clearly been made since then.There are also reasons to believe that Alibaba will benefit because it is a company the government would rather not be without. It would be about the same as the U.S. trying to shut down Amazon. Too many jobs and too many consumers depend on the company, and it is seen as one of the most valuable assets in the economy. Anyone would have too hard a time getting rid of it.And maybe China is uninvestable. But we think Alibaba is one of the few that subverts that rule and still falls into our circle of competence, because of its sheer size, low valuation and its growth prospects. Or maybe, if investors can't stand the heat, they should stay out of the kitchen.The Bottom LineAlthough China may face some headwinds today and in the coming year, we think the market is in a bottoming out process and ready to trade above that Hang Seng trend line of 15,000.In our opinion, Michael Burry also probably sees China as undervalued, having bought 50,000 shares of Alibaba and some other Chinese companies. Based on EV/EBITDA and P/FCF, it is just too cheap to ignore, and the rewards currently seem to outweigh the risks with an IRR over 20%. If the stock returns to all-time lows, we consider it a strong buy.Those near-term headwinds, such as a macroeconomic downturn as we mentioned, or tensions such as recently with Chinese spy balloons ratcheting up tensions, should dissipate at some point in our view. And when that happens, Alibaba is poised to run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954444337,"gmtCreate":1676591512130,"gmtModify":1676591516714,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090234997856730","idStr":"4090234997856730"},"themes":[],"htmlText":"A","listText":"A","text":"A","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954444337","repostId":"1152864867","repostType":2,"repost":{"id":"1152864867","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1676590083,"share":"https://ttm.financial/m/news/1152864867?lang=&edition=fundamental","pubTime":"2023-02-17 07:28","market":"us","language":"en","title":"These Stocks Are Moving the Most Today: Tesla, Shopify, TravelCenters, Roku, and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1152864867","media":"Dow Jones","summary":"Stocks fell as fresh economic data raised concerns on Wall Street that the Federal Reserve would hav","content":"<html><head></head><body><p>Stocks fell as fresh economic data raised concerns on Wall Street that the Federal Reserve would have to hold interest rates higher for longer.</p><p>These stocks made moves Thursday:</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> will recall cars equipped with its highest level of self-driving software. It will affect 362,758 cars, according to the National Highway Traffic Safety Administration. The stock declined 5.7%.</p><p><a href=\"https://laohu8.com/S/TA\">TravelCenters of America</a> soared 71% after oil company BP (BP) said it was acquiring the fuel and service center operator in a deal with a total equity value of about $1.3 billion.</p><p><a href=\"https://laohu8.com/S/CYH\">Community Health Systems</a> reported fourth-quarter adjusted earnings that beat Wall Street estimates and the stock surged more than 53%.</p><p><a href=\"https://laohu8.com/S/RNG\">RingCentral</a> issued revenue guidance for 2023 that missed Wall Street expectations. Shares of the cloud-based communications provider fell 24%.</p><p><a href=\"https://laohu8.com/S/TOST\">Toast</a> fell 23% after the cloud-based company reported a wider-than-expected loss for its fourth quarter.</p><p><a href=\"https://laohu8.com/S/QS\">QuantumScape</a> fell 17% even after the electric-vehicle battery start-up posted a fourth-quarter loss that was narrower than analysts expected.</p><p><a href=\"https://laohu8.com/S/SHOP\">Shopify</a> declined 16% after the e-commerce software company issued softer-than-expected guidance for the first quarter.</p><p><a href=\"https://laohu8.com/S/SAM\">Boston Beer</a> slumped 15% after the brewer of Samuel Adams posted a surprise loss in the fourth quarter. Boston Beer said it expects earnings in 2023 of between $6 and $10 a share, below analysts’ expectations of $10.94.</p><p><a href=\"https://laohu8.com/S/TWLO\">Twilio</a> jumped 14% after reporting a narrower-than-expected loss in the fourth quarter and revenue that topped estimates. The board of the text app developer platform also authorized the company to buy back $1 billion of stock. Twilio announced Monday it was cutting 17% of its workforce.</p><p><a href=\"https://laohu8.com/S/SGEN\">Seagen </a> rose 13% after the biotech company posted a narrower-than-expected fourth-quarter loss. The stock was upgraded to Strong Buy from Outperform by analysts at Raymond James and to Outperform from In Line at Evercore ISI.</p><p>Shares of <a href=\"https://laohu8.com/S/ROKU\">Roku</a> rose 11% after the streaming platform company posted a narrower-than-expected fourth-quarter loss and revenue that beat analysts’ estimates. Roku added a higher-than-expected 4.6 million new active accounts in the quarter.</p><p><a href=\"https://laohu8.com/S/DOCU\">DocuSign</a> said it was reducing staff by about 10% as part of a broader restructuring plan. The stock rose 1.8%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These Stocks Are Moving the Most Today: Tesla, Shopify, TravelCenters, Roku, and More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nThese Stocks Are Moving the Most Today: Tesla, Shopify, TravelCenters, Roku, and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-02-17 07:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks fell as fresh economic data raised concerns on Wall Street that the Federal Reserve would have to hold interest rates higher for longer.</p><p>These stocks made moves Thursday:</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> will recall cars equipped with its highest level of self-driving software. It will affect 362,758 cars, according to the National Highway Traffic Safety Administration. The stock declined 5.7%.</p><p><a href=\"https://laohu8.com/S/TA\">TravelCenters of America</a> soared 71% after oil company BP (BP) said it was acquiring the fuel and service center operator in a deal with a total equity value of about $1.3 billion.</p><p><a href=\"https://laohu8.com/S/CYH\">Community Health Systems</a> reported fourth-quarter adjusted earnings that beat Wall Street estimates and the stock surged more than 53%.</p><p><a href=\"https://laohu8.com/S/RNG\">RingCentral</a> issued revenue guidance for 2023 that missed Wall Street expectations. Shares of the cloud-based communications provider fell 24%.</p><p><a href=\"https://laohu8.com/S/TOST\">Toast</a> fell 23% after the cloud-based company reported a wider-than-expected loss for its fourth quarter.</p><p><a href=\"https://laohu8.com/S/QS\">QuantumScape</a> fell 17% even after the electric-vehicle battery start-up posted a fourth-quarter loss that was narrower than analysts expected.</p><p><a href=\"https://laohu8.com/S/SHOP\">Shopify</a> declined 16% after the e-commerce software company issued softer-than-expected guidance for the first quarter.</p><p><a href=\"https://laohu8.com/S/SAM\">Boston Beer</a> slumped 15% after the brewer of Samuel Adams posted a surprise loss in the fourth quarter. Boston Beer said it expects earnings in 2023 of between $6 and $10 a share, below analysts’ expectations of $10.94.</p><p><a href=\"https://laohu8.com/S/TWLO\">Twilio</a> jumped 14% after reporting a narrower-than-expected loss in the fourth quarter and revenue that topped estimates. The board of the text app developer platform also authorized the company to buy back $1 billion of stock. Twilio announced Monday it was cutting 17% of its workforce.</p><p><a href=\"https://laohu8.com/S/SGEN\">Seagen </a> rose 13% after the biotech company posted a narrower-than-expected fourth-quarter loss. The stock was upgraded to Strong Buy from Outperform by analysts at Raymond James and to Outperform from In Line at Evercore ISI.</p><p>Shares of <a href=\"https://laohu8.com/S/ROKU\">Roku</a> rose 11% after the streaming platform company posted a narrower-than-expected fourth-quarter loss and revenue that beat analysts’ estimates. Roku added a higher-than-expected 4.6 million new active accounts in the quarter.</p><p><a href=\"https://laohu8.com/S/DOCU\">DocuSign</a> said it was reducing staff by about 10% as part of a broader restructuring plan. The stock rose 1.8%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc","ROKU":"Roku Inc","TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152864867","content_text":"Stocks fell as fresh economic data raised concerns on Wall Street that the Federal Reserve would have to hold interest rates higher for longer.These stocks made moves Thursday:Tesla will recall cars equipped with its highest level of self-driving software. It will affect 362,758 cars, according to the National Highway Traffic Safety Administration. The stock declined 5.7%.TravelCenters of America soared 71% after oil company BP (BP) said it was acquiring the fuel and service center operator in a deal with a total equity value of about $1.3 billion.Community Health Systems reported fourth-quarter adjusted earnings that beat Wall Street estimates and the stock surged more than 53%.RingCentral issued revenue guidance for 2023 that missed Wall Street expectations. Shares of the cloud-based communications provider fell 24%.Toast fell 23% after the cloud-based company reported a wider-than-expected loss for its fourth quarter.QuantumScape fell 17% even after the electric-vehicle battery start-up posted a fourth-quarter loss that was narrower than analysts expected.Shopify declined 16% after the e-commerce software company issued softer-than-expected guidance for the first quarter.Boston Beer slumped 15% after the brewer of Samuel Adams posted a surprise loss in the fourth quarter. Boston Beer said it expects earnings in 2023 of between $6 and $10 a share, below analysts’ expectations of $10.94.Twilio jumped 14% after reporting a narrower-than-expected loss in the fourth quarter and revenue that topped estimates. The board of the text app developer platform also authorized the company to buy back $1 billion of stock. Twilio announced Monday it was cutting 17% of its workforce.Seagen  rose 13% after the biotech company posted a narrower-than-expected fourth-quarter loss. The stock was upgraded to Strong Buy from Outperform by analysts at Raymond James and to Outperform from In Line at Evercore ISI.Shares of Roku rose 11% after the streaming platform company posted a narrower-than-expected fourth-quarter loss and revenue that beat analysts’ estimates. Roku added a higher-than-expected 4.6 million new active accounts in the quarter.DocuSign said it was reducing staff by about 10% as part of a broader restructuring plan. The stock rose 1.8%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937637835,"gmtCreate":1663416102527,"gmtModify":1676537267757,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090234997856730","idStr":"4090234997856730"},"themes":[],"htmlText":"GS","listText":"GS","text":"GS","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9937637835","repostId":"2267698524","repostType":2,"repost":{"id":"2267698524","pubTimestamp":1663373406,"share":"https://ttm.financial/m/news/2267698524?lang=&edition=fundamental","pubTime":"2022-09-17 08:10","market":"us","language":"en","title":"5 Warren Buffett Stocks to Buy and Never Sell","url":"https://stock-news.laohu8.com/highlight/detail?id=2267698524","media":"Motley Fool","summary":"These highly profitable companies offer sustainable competitive advantages that make them no-brainer buys.","content":"<html><head></head><body><p>When <b>Berkshire Hathaway</b> CEO Warren Buffett buys or sells shares of a company, investors wisely pay attention. That&#39;s because the Oracle of Omaha has generated a jaw-dropping total return of 3,641,613% for his Class A shareholders (BRK.A) since taking the reins of Berkshire Hathaway more than 57 years ago.</p><p>Considering Buffett&#39;s penchant for buying high-quality stocks and hanging onto them for the long run, riding the Oracle of Omaha&#39;s coattails has proven quite profitable for decades. It&#39;s an especially smart time for investors to go shopping for Buffett stocks, with the <b>S&amp;P 500</b> and <b>Nasdaq Composite</b> plunging into a bear market.</p><p>What follows are five Warren Buffett stocks investors can confidently buy right now and never have to sell.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9dff3932ab34c4852ce5e15e7b312f41\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.</span></p><h2>Amazon</h2><p>The first Buffett stock that can be bought without investors losing any sleep is e-commerce leader <b>Amazon</b>. Although Amazon&#39;s leading online marketplace is susceptible to weakness during recessions, this top revenue segment isn&#39;t the key to the company potentially tripling its operating cash flow over the next four years.</p><p>Even though Amazon is estimated to bring in nearly 40% of all U.S. online retail sales in 2022, it&#39;s the company&#39;s higher-margin ancillary operating segments that are driving its profitability and cash flow. For example, the popularity of Amazon&#39;s marketplace has helped the company sign up more than 200 million Prime members worldwide. Amazon is bringing in approximately $35 billion in annual run-rate sales from subscription services, which is allowing it to reinvest in its vast logistics network and other high-growth initiatives.</p><p>The other heavy-hitter is cloud infrastructure services segment Amazon Web Services (AWS). According to a recent report from Canalys, AWS brought in an estimated 31% of cloud-service spending during the second quarter. Even though AWS only accounts for a sixth of Amazon&#39;s net sales, it&#39;s been consistently producing more than half of the company&#39;s operating income. With cloud growth still in its early innings and AWS growing into a larger percentage of Amazon&#39;s total sales, the company looks cheaper than ever, relative to its future cash flow-generating potential.</p><h2>Visa</h2><p>The second Warren Buffett stock investors can buy and never have to consider selling is payment processor <b>Visa</b>. Despite being cyclical, Visa&#39;s sustainable competitive advantages make it a no-brainer stock to hold for the long term.</p><p>To begin with, Visa accounted for a whopping 54% of U.S. credit card network purchase volume in 2020. The U.S. is the leading market for consumption in the world, and Visa holds a 31-percentage-point lead over its next-closest competitor. To boot, it&#39;s the only payment processor that significantly expanded its share of the U.S. processing market following the Great Recession (2007-2009).</p><p>To add to the above, the vast majority of global transactions are still being conducted with cash. This should give Visa ample opportunity to organically expand into underbanked markets, such as the Middle East, Africa, and Southeastern Asia, and to make acquisitions to further its reach.</p><p>It&#39;s also worth noting that Visa doesn&#39;t act as a lender. By only focusing on payment processing, Visa doesn&#39;t have to worry about possible loan delinquencies, and therefore isn&#39;t required to set aside capital to cover potential loan losses. This is a big reason why Visa&#39;s profit margin is usually at or above 50%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/119223042d623151afc6d0a8e0774989\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"/><span>The GMC Hummer EV is one of 30 electric vehicles GM is releasing by the end of 2025. Image source: General Motors.</span></p><h2>General Motors</h2><p>A third Warren Buffett stock to buy and never sell is Detroit auto giant <b>General Motors</b>. Though economic weakness and historically high inflation threaten to sap auto sales in the short run, the long-awaited growth catalyst for General Motors has arrived.</p><p>The electrification of autos for consumers and enterprise fleets is the multidecade opportunity the auto industry has been waiting for. With most developed countries angling to reduce their carbon footprints, electric vehicles (EVs) are viewed as a sustainable growth story.</p><p>General Motors intends to spend $35 billion on EVs, autonomous vehicles, and battery research through the midpoint of the decade. The expectation, according to CEO Mary Barra, is for GM to roll out 30 new EVs by the end of 2025. The company should have two fully devoted battery plants up and running by the end of next year, with over 1 million EVs produced annually in North America in 2025.</p><p>What&#39;s more, GM has a sizable presence in China, the world&#39;s No. 1 auto market. General Motors has sold 2.9 million vehicles in back-to-back years in China, and should have the opportunity to gobble up market share in China&#39;s still-nascent EV industry.</p><h2>Bank of America</h2><p>The fourth Warren Buffett stock that can be bought hand over fist and never sold is financial juggernaut <b>Bank of America</b>. To keep with the prevailing theme of this list, short-term recessionary concerns should take a back seat to BofA&#39;s numerous long-term advantages.</p><p>The beauty of bank stocks is that they benefit from the natural expansion of the U.S. economy. The disproportionate amount of time the economy spends expanding, relative to contracting, allows Bank of America to grow its loan portfolio and deposits, which boosts its net-interest income over the long run.</p><p>Something else worth noting about Bank of America is that it&#39;s the most interest-sensitive money-center bank. With the Federal Reserve aggressively hiking interest rates in order to tame inflation, outstanding variable-rate loans are becoming more profitable for banks and credit unions without them having to lift a proverbial finger. Since the federal funds target rate is coming off an extended period where it was effectively at 0%, the implication is that BofA can expect a sizable uptick in net-interest income in the years ahead.</p><p>This is also a company that&#39;s done a phenomenal job of encouraging its customers to bank digitally. As of the end of June, 43 million active users were banking online or via mobile, with 48% of all sales being completed digitally.  Because digital transactions are considerably cheaper than in-person and phone interactions for banks, this digital push has allowed BofA to consolidate some of its physical branches and reduce its noninterest expenses.</p><h2>Berkshire Hathaway</h2><p>The fifth and final Warren Buffett stock you can buy and never sell is (cue ironic music) ...Berkshire Hathaway. Over the past four years, there&#39;s no stock Warren Buffett has spent more money buying than his own company.</p><p>What makes Berkshire Hathaway such a rock-solid performer is Buffett&#39;s affinity for cyclical businesses and his love of dividend stocks.</p><p>As I&#39;ve pointed to throughout this list, cyclical companies benefit from the substantially longer amount of time the U.S. and global economy spend expanding. Instead of trying to guess when these economic downturns will occur, Buffett has packed Berkshire Hathaway&#39;s investment portfolio with companies that thrive off the natural growth of U.S. and global gross domestic product over time. Tech stocks, financials (banks, insurers, and payment processors), and energy stocks (oil companies) all benefit immensely from extended bull markets.</p><p>Additionally, Berkshire Hathaway is on track to collect approximately $6.07 billion in dividend income over the next 12 months. Income stocks are usually profitable, have navigated their way through prior recessions, and offer an extensive history of outperformance when compared to their non-paying peers.</p><p>With Warren Buffett overseeing a 20.1% average annual return for his company&#39;s Class A shares over the past 57 years (ended Dec. 31, 2021), investors probably can&#39;t go wrong adding Berkshire Hathaway to their own portfolios.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Warren Buffett Stocks to Buy and Never Sell</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Warren Buffett Stocks to Buy and Never Sell\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-17 08:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/16/5-warren-buffett-stocks-to-buy-and-never-sell/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When Berkshire Hathaway CEO Warren Buffett buys or sells shares of a company, investors wisely pay attention. That's because the Oracle of Omaha has generated a jaw-dropping total return of 3,641,613%...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/16/5-warren-buffett-stocks-to-buy-and-never-sell/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","BRK.B":"伯克希尔B","V":"Visa","GM":"通用汽车","BAC":"美国银行","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2022/09/16/5-warren-buffett-stocks-to-buy-and-never-sell/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267698524","content_text":"When Berkshire Hathaway CEO Warren Buffett buys or sells shares of a company, investors wisely pay attention. That's because the Oracle of Omaha has generated a jaw-dropping total return of 3,641,613% for his Class A shareholders (BRK.A) since taking the reins of Berkshire Hathaway more than 57 years ago.Considering Buffett's penchant for buying high-quality stocks and hanging onto them for the long run, riding the Oracle of Omaha's coattails has proven quite profitable for decades. It's an especially smart time for investors to go shopping for Buffett stocks, with the S&P 500 and Nasdaq Composite plunging into a bear market.What follows are five Warren Buffett stocks investors can confidently buy right now and never have to sell.Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.AmazonThe first Buffett stock that can be bought without investors losing any sleep is e-commerce leader Amazon. Although Amazon's leading online marketplace is susceptible to weakness during recessions, this top revenue segment isn't the key to the company potentially tripling its operating cash flow over the next four years.Even though Amazon is estimated to bring in nearly 40% of all U.S. online retail sales in 2022, it's the company's higher-margin ancillary operating segments that are driving its profitability and cash flow. For example, the popularity of Amazon's marketplace has helped the company sign up more than 200 million Prime members worldwide. Amazon is bringing in approximately $35 billion in annual run-rate sales from subscription services, which is allowing it to reinvest in its vast logistics network and other high-growth initiatives.The other heavy-hitter is cloud infrastructure services segment Amazon Web Services (AWS). According to a recent report from Canalys, AWS brought in an estimated 31% of cloud-service spending during the second quarter. Even though AWS only accounts for a sixth of Amazon's net sales, it's been consistently producing more than half of the company's operating income. With cloud growth still in its early innings and AWS growing into a larger percentage of Amazon's total sales, the company looks cheaper than ever, relative to its future cash flow-generating potential.VisaThe second Warren Buffett stock investors can buy and never have to consider selling is payment processor Visa. Despite being cyclical, Visa's sustainable competitive advantages make it a no-brainer stock to hold for the long term.To begin with, Visa accounted for a whopping 54% of U.S. credit card network purchase volume in 2020. The U.S. is the leading market for consumption in the world, and Visa holds a 31-percentage-point lead over its next-closest competitor. To boot, it's the only payment processor that significantly expanded its share of the U.S. processing market following the Great Recession (2007-2009).To add to the above, the vast majority of global transactions are still being conducted with cash. This should give Visa ample opportunity to organically expand into underbanked markets, such as the Middle East, Africa, and Southeastern Asia, and to make acquisitions to further its reach.It's also worth noting that Visa doesn't act as a lender. By only focusing on payment processing, Visa doesn't have to worry about possible loan delinquencies, and therefore isn't required to set aside capital to cover potential loan losses. This is a big reason why Visa's profit margin is usually at or above 50%.The GMC Hummer EV is one of 30 electric vehicles GM is releasing by the end of 2025. Image source: General Motors.General MotorsA third Warren Buffett stock to buy and never sell is Detroit auto giant General Motors. Though economic weakness and historically high inflation threaten to sap auto sales in the short run, the long-awaited growth catalyst for General Motors has arrived.The electrification of autos for consumers and enterprise fleets is the multidecade opportunity the auto industry has been waiting for. With most developed countries angling to reduce their carbon footprints, electric vehicles (EVs) are viewed as a sustainable growth story.General Motors intends to spend $35 billion on EVs, autonomous vehicles, and battery research through the midpoint of the decade. The expectation, according to CEO Mary Barra, is for GM to roll out 30 new EVs by the end of 2025. The company should have two fully devoted battery plants up and running by the end of next year, with over 1 million EVs produced annually in North America in 2025.What's more, GM has a sizable presence in China, the world's No. 1 auto market. General Motors has sold 2.9 million vehicles in back-to-back years in China, and should have the opportunity to gobble up market share in China's still-nascent EV industry.Bank of AmericaThe fourth Warren Buffett stock that can be bought hand over fist and never sold is financial juggernaut Bank of America. To keep with the prevailing theme of this list, short-term recessionary concerns should take a back seat to BofA's numerous long-term advantages.The beauty of bank stocks is that they benefit from the natural expansion of the U.S. economy. The disproportionate amount of time the economy spends expanding, relative to contracting, allows Bank of America to grow its loan portfolio and deposits, which boosts its net-interest income over the long run.Something else worth noting about Bank of America is that it's the most interest-sensitive money-center bank. With the Federal Reserve aggressively hiking interest rates in order to tame inflation, outstanding variable-rate loans are becoming more profitable for banks and credit unions without them having to lift a proverbial finger. Since the federal funds target rate is coming off an extended period where it was effectively at 0%, the implication is that BofA can expect a sizable uptick in net-interest income in the years ahead.This is also a company that's done a phenomenal job of encouraging its customers to bank digitally. As of the end of June, 43 million active users were banking online or via mobile, with 48% of all sales being completed digitally.  Because digital transactions are considerably cheaper than in-person and phone interactions for banks, this digital push has allowed BofA to consolidate some of its physical branches and reduce its noninterest expenses.Berkshire HathawayThe fifth and final Warren Buffett stock you can buy and never sell is (cue ironic music) ...Berkshire Hathaway. Over the past four years, there's no stock Warren Buffett has spent more money buying than his own company.What makes Berkshire Hathaway such a rock-solid performer is Buffett's affinity for cyclical businesses and his love of dividend stocks.As I've pointed to throughout this list, cyclical companies benefit from the substantially longer amount of time the U.S. and global economy spend expanding. Instead of trying to guess when these economic downturns will occur, Buffett has packed Berkshire Hathaway's investment portfolio with companies that thrive off the natural growth of U.S. and global gross domestic product over time. Tech stocks, financials (banks, insurers, and payment processors), and energy stocks (oil companies) all benefit immensely from extended bull markets.Additionally, Berkshire Hathaway is on track to collect approximately $6.07 billion in dividend income over the next 12 months. Income stocks are usually profitable, have navigated their way through prior recessions, and offer an extensive history of outperformance when compared to their non-paying peers.With Warren Buffett overseeing a 20.1% average annual return for his company's Class A shares over the past 57 years (ended Dec. 31, 2021), investors probably can't go wrong adding Berkshire Hathaway to their own portfolios.","news_type":1},"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997826881,"gmtCreate":1661782164045,"gmtModify":1676536577765,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090234997856730","idStr":"4090234997856730"},"themes":[],"htmlText":"G","listText":"G","text":"G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997826881","repostId":"9997861582","repostType":1,"repost":{"id":9997861582,"gmtCreate":1661780986655,"gmtModify":1676536577454,"author":{"id":"9000000000000685","authorId":"9000000000000685","name":"BernardGilbert","avatar":"https://static.tigerbbs.com/bc939ac6fbcb8985885a8a5671929aec","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"9000000000000685","idStr":"9000000000000685"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OLB\">$OLB Group Inc(OLB)$</a> OLB Group Inc (OLB) has gained Monday morning, with the stock adding 11.24% in pre-market trading to 1.88. OLB's short-term technical score of 89 indicates that the stock has traded more bullishly over the last month than 89% of stocks on the market. In the Software - Application industry, which ranks 134 out of 146 industries, the stock ranks higher than 97% of stocks. OLB Group Inc has risen 12.67% over the past month, closing at $1.49 on August 1. During this period of time, the stock fell as low as $1.12 and as high as $2.03. OLB has an average analyst recommendation of Strong Buy. The company has an average price target of $5.00.OLB Group Inc has a Long-Term Technical rank of 68. This means that trading over the last 200 trad","listText":"<a href=\"https://laohu8.com/S/OLB\">$OLB Group Inc(OLB)$</a> OLB Group Inc (OLB) has gained Monday morning, with the stock adding 11.24% in pre-market trading to 1.88. OLB's short-term technical score of 89 indicates that the stock has traded more bullishly over the last month than 89% of stocks on the market. In the Software - Application industry, which ranks 134 out of 146 industries, the stock ranks higher than 97% of stocks. OLB Group Inc has risen 12.67% over the past month, closing at $1.49 on August 1. During this period of time, the stock fell as low as $1.12 and as high as $2.03. OLB has an average analyst recommendation of Strong Buy. The company has an average price target of $5.00.OLB Group Inc has a Long-Term Technical rank of 68. This means that trading over the last 200 trad","text":"$OLB Group Inc(OLB)$ OLB Group Inc (OLB) has gained Monday morning, with the stock adding 11.24% in pre-market trading to 1.88. OLB's short-term technical score of 89 indicates that the stock has traded more bullishly over the last month than 89% of stocks on the market. In the Software - Application industry, which ranks 134 out of 146 industries, the stock ranks higher than 97% of stocks. OLB Group Inc has risen 12.67% over the past month, closing at $1.49 on August 1. During this period of time, the stock fell as low as $1.12 and as high as $2.03. OLB has an average analyst recommendation of Strong Buy. The company has an average price target of $5.00.OLB Group Inc has a Long-Term Technical rank of 68. This means that trading over the last 200 trad","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997861582","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":604,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997821764,"gmtCreate":1661781935360,"gmtModify":1676536577725,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090234997856730","idStr":"4090234997856730"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997821764","repostId":"2262162956","repostType":2,"repost":{"id":"2262162956","pubTimestamp":1661786631,"share":"https://ttm.financial/m/news/2262162956?lang=&edition=fundamental","pubTime":"2022-08-29 23:23","market":"us","language":"en","title":"Nasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2262162956","media":"Motley Fool","summary":"These fast-paced companies with unmatched innovative capacity are screaming buys following a peak decline of 34% in the Nasdaq Composite.","content":"<html><head></head><body><p>This year has served as a kick-in-the-pants reminder that the stock market doesn&#39;t rise in a straight line -- even if 2021 gave off the impression that it did. Since hitting their respective all-time highs between mid-November and the first week of January, the iconic <b>Dow Jones Industrial Average</b>, benchmark <b>S&amp;P 500</b>, and growth-focused <b>Nasdaq Composite</b>, plunged by as much as 19%, 24%, and 34%. The greater than 20% declines in the S&amp;P 500 and Nasdaq firmly placed both indexes in a bear market.</p><p>To not beat around the bush, bear markets can be scary. The velocity and unpredictability of downside moves can truly test the resolve of investors. But if history has a say, bear markets are also the perfect time to put your money to work. That&#39;s because every major stock market decline throughout history has, eventually, been erased by a bull market.</p><p>With the Nasdaq Composite getting hit harder than the other indexes, it looks like the ideal time to invest in growth stocks with unmatched innovative capacity and sustainable competitive advantages. What follows are five unsurpassable growth stocks you&#39;ll regret not buying on the Nasdaq bear market dip.</p><h2><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></h2><p>The first phenomenal growth stock you&#39;ll be kicking yourself over if you don&#39;t buy it during the Nasdaq bear market dip is social media giant <b>Meta Platforms</b>. Meta is the company formerly known as Facebook.</p><p>Although advertising spending has been hit hard in 2022 as historically high inflation and back-to-back quarters of U.S. gross domestic product declines suppress discretionary spending, Meta remains well-positioned to capitalize on disproportionately long periods of economic expansion. Facebook, WhatsApp, Instagram, and Facebook Messenger, are consistently among the most-downloaded apps worldwide. With 3.65 billion people visiting its sites on a monthly basis (that&#39;s over half the global adult population), Meta is in prime position to command strong ad-pricing power.</p><p>The other reason to like Meta is the company&#39;s aggressive investments in the &#34;metaverse&#34; -- i.e., the next iteration of the internet which&#39;ll allow connected users the ability to interact with each other and their environments in a 3D virtual world. Though it&#39;ll take a few more years before the metaverse is ready to be meaningfully monetized, Meta fixes to be a key on-ramp to this multitrillion-dollar opportunity.</p><p>Shares of Meta Platforms are cheaper than they&#39;ve ever been on a forward-earning basis as a publicly traded company. That makes this social-media maven a screaming buy at the moment.</p><h2><a href=\"https://laohu8.com/S/PUBM\">PubMatic</a></h2><p>A second stellar growth stock begging to be bought as the Nasdaq Composite plunges is cloud-based programmatic adtech company <b>PubMatic</b>. Although PubMatic is contending with same advertising spending weakness as Meta, it&#39;s on track to grow by a considerably faster rate.</p><p>PubMatic is what&#39;s known as a sell-side provider (SSPs) in the adtech space. This is a fancy way of saying that it specializes in selling digital display space for publishers. Because there aren&#39;t many SSPs for publishers to choose from, and ad dollars have been steadily shifting to digital formats, such as video, mobile, and over-the-top streaming, PubMatic has consistently delivered organic growth of at least twice the industry average.</p><p>Perhaps the best aspect of PubMatic is its internally designed cloud infrastructure platform. Rather than relying on a third party for its platform. PubMatic built its infrastructure. While costly in the beginning, handling its own infrastructure should result in substantially higher operating margins than its peers as revenue scales.</p><p>If you need one more solid reason to trust in PubMatic, consider this: The company ended June with $183 million in cash, cash equivalents, and marketable securities, and <i>no debt</i>!</p><h2><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies</a></h2><p>The third unsurpassable growth stock worth buying on the Nasdaq bear market dip is artificial intelligence (AI)-driven data-mining company <b>Palantir Technologies</b>. Palantir&#39;s valuation used to be its biggest obstacle. But following a greater than 80% retracement in its share price, it&#39;s now ripe for the picking.</p><p>What makes Palantir such an intriguing investment for long-term growth investors is that there&#39;s no other company offering what it does at scale. The company&#39;s AI-based Gotham platform helps government agencies with missions and data gathering. Meanwhile, the Foundry platform is focused on helping businesses streamline their operations by making sense of large amounts of data.</p><p>For the past couple of years, Gotham has been Palantir&#39;s primary growth driver. Being awarded large government contracts that can span four or more years has helped the company grow its sales by 30% or more on a consistent basis. But looking ahead, Foundry is Palantir&#39;s golden ticket. Whereas not all governments can utilize Palantir&#39;s proprietary software, Foundry&#39;s ceiling is <i>much</i> higher. As of June 30, 2022, Palantir had 119 commercial customers, which was up 250% from the prior-year period.</p><p>Though recurring profitability could be a few years away, Palantir&#39;s superb topline growth and niche industry positioning can send shares significantly higher.</p><h2><a href=\"https://laohu8.com/S/LOVE\">Lovesac</a></h2><p>A fourth exceptional growth stock you&#39;ll be mad at yourself for not buying on the Nasdaq bear market decline is furniture company <b>Lovesac</b>. <i>Yes</i>, I really said &#34;growth&#34; and &#34;furniture company&#34; in the same sentence.</p><p>Whereas most brick-and-mortar furniture companies are slow-growing, stodgy businesses, Lovesac is turning the industry on its head in two key ways.</p><p>First off, its furniture is unique. The company&#39;s &#34;sactionals&#34; -- a sactional is a modular couch that can be rearranged dozens of ways to fit most living spaces -- account for nearly 88% of net sales and incorporate function, choice, and ecofriendly materials. Sactionals can be upgraded to include surround-sound systems and wireless charging stations, and they have over 200 cover choices. Further, the yarn used in these covers is made entirely from recycled plastic water bottles.</p><p>Secondly, Lovesac&#39;s omnichannel sales platform has led it to success. Despite having 162 retail locations in 40 states, the company&#39;s substantially higher margins are a reflection of its direct-to-consumer emphasis, as well as pop-up showrooms and brand-name partnerships.  With less inventory needed in physical retail stores, Lovesac&#39;s overhead expenses are considerably lower than its peers.</p><h2>Alphabet</h2><p>The fifth and final unsurpassable growth stock you&#39;ll regret not buying during the Nasdaq bear market dip is FAANG stock <b>Alphabet</b>. Alphabet is the parent of internet search engine Google, streaming platform YouTube, and autonomous car company Waymo.</p><p>The no-brainer reason to pile into Alphabet is the company&#39;s absolutely dominant internet search engine, Google. According to data from GlobalStats, Google has accounted for no less than 91% of worldwide internet search share for the trailing 24 months. With an 88-percentage-point lead over its next-closest competitor, it should come as no surprise that Alphabet is able to command exceptional ad-pricing power.</p><p>But what Wall Street and investors are most-excited about is what Alphabet is doing with its available cash and operating cash flow. For instance, investments in YouTube have paid off handsomely. Easily one of the best acquisitions in history (Google acquired YouTube for $1.65 billion in 2006), YouTube has become the second most-visited social site in the world. As you can imagine, this has helped tremendously with ad and subscription revenue.</p><p>There&#39;s also Google Cloud, which has vaulted to the No. 3 spot in cloud-service market share. Cloud infrastructure spending is still in its early innings, which means Google Cloud could become a key driver of operating cash flow for parent company Alphabet by as soon as mid-decade.</p><p>Like Meta Platforms, Alphabet has simply never been cheaper as a publicly traded company.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-29 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/28/nasdaq-bear-market-5-growth-stocks-regret-not-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This year has served as a kick-in-the-pants reminder that the stock market doesn't rise in a straight line -- even if 2021 gave off the impression that it did. Since hitting their respective all-time ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/28/nasdaq-bear-market-5-growth-stocks-regret-not-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc.","GOOG":"谷歌","PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2022/08/28/nasdaq-bear-market-5-growth-stocks-regret-not-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262162956","content_text":"This year has served as a kick-in-the-pants reminder that the stock market doesn't rise in a straight line -- even if 2021 gave off the impression that it did. Since hitting their respective all-time highs between mid-November and the first week of January, the iconic Dow Jones Industrial Average, benchmark S&P 500, and growth-focused Nasdaq Composite, plunged by as much as 19%, 24%, and 34%. The greater than 20% declines in the S&P 500 and Nasdaq firmly placed both indexes in a bear market.To not beat around the bush, bear markets can be scary. The velocity and unpredictability of downside moves can truly test the resolve of investors. But if history has a say, bear markets are also the perfect time to put your money to work. That's because every major stock market decline throughout history has, eventually, been erased by a bull market.With the Nasdaq Composite getting hit harder than the other indexes, it looks like the ideal time to invest in growth stocks with unmatched innovative capacity and sustainable competitive advantages. What follows are five unsurpassable growth stocks you'll regret not buying on the Nasdaq bear market dip.Meta PlatformsThe first phenomenal growth stock you'll be kicking yourself over if you don't buy it during the Nasdaq bear market dip is social media giant Meta Platforms. Meta is the company formerly known as Facebook.Although advertising spending has been hit hard in 2022 as historically high inflation and back-to-back quarters of U.S. gross domestic product declines suppress discretionary spending, Meta remains well-positioned to capitalize on disproportionately long periods of economic expansion. Facebook, WhatsApp, Instagram, and Facebook Messenger, are consistently among the most-downloaded apps worldwide. With 3.65 billion people visiting its sites on a monthly basis (that's over half the global adult population), Meta is in prime position to command strong ad-pricing power.The other reason to like Meta is the company's aggressive investments in the \"metaverse\" -- i.e., the next iteration of the internet which'll allow connected users the ability to interact with each other and their environments in a 3D virtual world. Though it'll take a few more years before the metaverse is ready to be meaningfully monetized, Meta fixes to be a key on-ramp to this multitrillion-dollar opportunity.Shares of Meta Platforms are cheaper than they've ever been on a forward-earning basis as a publicly traded company. That makes this social-media maven a screaming buy at the moment.PubMaticA second stellar growth stock begging to be bought as the Nasdaq Composite plunges is cloud-based programmatic adtech company PubMatic. Although PubMatic is contending with same advertising spending weakness as Meta, it's on track to grow by a considerably faster rate.PubMatic is what's known as a sell-side provider (SSPs) in the adtech space. This is a fancy way of saying that it specializes in selling digital display space for publishers. Because there aren't many SSPs for publishers to choose from, and ad dollars have been steadily shifting to digital formats, such as video, mobile, and over-the-top streaming, PubMatic has consistently delivered organic growth of at least twice the industry average.Perhaps the best aspect of PubMatic is its internally designed cloud infrastructure platform. Rather than relying on a third party for its platform. PubMatic built its infrastructure. While costly in the beginning, handling its own infrastructure should result in substantially higher operating margins than its peers as revenue scales.If you need one more solid reason to trust in PubMatic, consider this: The company ended June with $183 million in cash, cash equivalents, and marketable securities, and no debt!Palantir TechnologiesThe third unsurpassable growth stock worth buying on the Nasdaq bear market dip is artificial intelligence (AI)-driven data-mining company Palantir Technologies. Palantir's valuation used to be its biggest obstacle. But following a greater than 80% retracement in its share price, it's now ripe for the picking.What makes Palantir such an intriguing investment for long-term growth investors is that there's no other company offering what it does at scale. The company's AI-based Gotham platform helps government agencies with missions and data gathering. Meanwhile, the Foundry platform is focused on helping businesses streamline their operations by making sense of large amounts of data.For the past couple of years, Gotham has been Palantir's primary growth driver. Being awarded large government contracts that can span four or more years has helped the company grow its sales by 30% or more on a consistent basis. But looking ahead, Foundry is Palantir's golden ticket. Whereas not all governments can utilize Palantir's proprietary software, Foundry's ceiling is much higher. As of June 30, 2022, Palantir had 119 commercial customers, which was up 250% from the prior-year period.Though recurring profitability could be a few years away, Palantir's superb topline growth and niche industry positioning can send shares significantly higher.LovesacA fourth exceptional growth stock you'll be mad at yourself for not buying on the Nasdaq bear market decline is furniture company Lovesac. Yes, I really said \"growth\" and \"furniture company\" in the same sentence.Whereas most brick-and-mortar furniture companies are slow-growing, stodgy businesses, Lovesac is turning the industry on its head in two key ways.First off, its furniture is unique. The company's \"sactionals\" -- a sactional is a modular couch that can be rearranged dozens of ways to fit most living spaces -- account for nearly 88% of net sales and incorporate function, choice, and ecofriendly materials. Sactionals can be upgraded to include surround-sound systems and wireless charging stations, and they have over 200 cover choices. Further, the yarn used in these covers is made entirely from recycled plastic water bottles.Secondly, Lovesac's omnichannel sales platform has led it to success. Despite having 162 retail locations in 40 states, the company's substantially higher margins are a reflection of its direct-to-consumer emphasis, as well as pop-up showrooms and brand-name partnerships.  With less inventory needed in physical retail stores, Lovesac's overhead expenses are considerably lower than its peers.AlphabetThe fifth and final unsurpassable growth stock you'll regret not buying during the Nasdaq bear market dip is FAANG stock Alphabet. Alphabet is the parent of internet search engine Google, streaming platform YouTube, and autonomous car company Waymo.The no-brainer reason to pile into Alphabet is the company's absolutely dominant internet search engine, Google. According to data from GlobalStats, Google has accounted for no less than 91% of worldwide internet search share for the trailing 24 months. With an 88-percentage-point lead over its next-closest competitor, it should come as no surprise that Alphabet is able to command exceptional ad-pricing power.But what Wall Street and investors are most-excited about is what Alphabet is doing with its available cash and operating cash flow. For instance, investments in YouTube have paid off handsomely. Easily one of the best acquisitions in history (Google acquired YouTube for $1.65 billion in 2006), YouTube has become the second most-visited social site in the world. As you can imagine, this has helped tremendously with ad and subscription revenue.There's also Google Cloud, which has vaulted to the No. 3 spot in cloud-service market share. Cloud infrastructure spending is still in its early innings, which means Google Cloud could become a key driver of operating cash flow for parent company Alphabet by as soon as mid-decade.Like Meta Platforms, Alphabet has simply never been cheaper as a publicly traded company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995148620,"gmtCreate":1661434994462,"gmtModify":1676536517861,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090234997856730","idStr":"4090234997856730"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995148620","repostId":"2262018006","repostType":4,"repost":{"id":"2262018006","pubTimestamp":1661419523,"share":"https://ttm.financial/m/news/2262018006?lang=&edition=fundamental","pubTime":"2022-08-25 17:25","market":"us","language":"en","title":"Is Tesla's Stock Split Good For Investors?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262018006","media":"Seeking Alpha","summary":"This will be the second time that Tesla splits its stock. Tesla previously did a 5-for-1 stock split on Aug. 31, 2020. Shares have risen over 100% since then.Is Tesla's Stock Split Good For Investors?This is probably the most important question for most investors and also the most difficult to answer.There'ssome evidencethat companies that split their stock outperform in aggregate in the short term, perhaps in part because splitting allows some stocks to be included in indexes like the Dow and i","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>I answer some of the most common questions from investors about stock splits.</li><li>Stock splits don&#39;t matter nearly as much as fundamentals, but they&#39;re certainly not bad for investors.</li><li>I also recap Tesla&#39;s recent Q2 earnings report.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea05668b1422a0e51297e199e4d62ddc\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>Ajax9/iStock Editorial via Getty Images</span></p><p><b>Thesis</b></p><p>After Q2 earnings, I updated my price target for Tesla (NASDAQ:TSLA) stock to $765 pre-split, which implies 14% downside from the current price. As I&#39;ve shared in past articles (1,2), the key assumption inmy model is that Tesla grows at a 25% CAGR over the next decade primarily due to growth in electric vehicle sales. While the upcoming Tesla stock split isn&#39;t material to my thesis, investors may have questions about how the split works, and I&#39;ll attempt to answer some of the common ones in this article.</p><p><b>Stock Split FAQs</b></p><p>I covered Tesla&#39;s stock split in my last article, but I&#39;ll recap a few of the key questions and answers about the split here. Those who read my previous article or are experienced with stock splits can skip to the next section.</p><p><b>How Do Stock Splits Impact Your Investment?</b></p><p>The total value of your investment isn&#39;t directly impacted by the stock split because a company&#39;s market cap is unchanged by stock splits. The decrease in price per share is offset by the increase in the number of shares you own.</p><p>For example, say Tesla is worth $900 before the split and you have one share. After the split, you&#39;ll have three shares, but each will be worth $300. Either way, you have $900. Of course, the value of Tesla stock may change as the market rises and falls from day to day, but that happens whether or not there&#39;s a split going on.</p><p>It&#39;s also worth noting that the price per share and price per options contract will be lower after the split, which will make non-fractional shares and options more accessible to small investors.</p><p><b>What Happens If You Buy Tesla Before The Split?</b></p><p>Buying Tesla stock before the split is not very different from buying it after the split or any other day. You&#39;d buy 3x fewer shares before the split as you would after the split in order to keep the total amount invested the same.</p><p><b>When Will Tesla Stock Split?</b></p><p>You will get two additional shares of Tesla stock for each share you already own on Wednesday, Aug. 24, after the market closes. Shares will trade at their post-split price starting on Thursday, Aug. 25.</p><p><b>How Many Times Has Tesla Stock Split?</b></p><p>This will be the second time that Tesla splits its stock. Tesla previously did a 5-for-1 stock split on Aug. 31, 2020. Shares have risen over 100% since then.</p><p><b>Is Tesla&#39;s Stock Split Good For Investors?</b></p><p>In other words, do stock splits impact performance? This is probably the most important question for most investors and also the most difficult to answer.</p><p>There&#39;s some evidence that companies that split their stock outperform in aggregate in the short term, perhaps in part because splitting allows some stocks to be included in indexes like the Dow and increases their accessibility to retail investors. However, looking at individual stocks, there are many cases where a stock declines around the time of its split. Thus, I wouldn&#39;t recommend betting on short-term price appreciation in a single stock because of its split.</p><p>However, splits certainly aren&#39;t bad news. They usually only happen after a stock has increased in value a lot, as Tesla stock has done over the past few years. Winners tend to keep winning, so betting on companies that already have done well can be a successful strategy.</p><p>Also, companies usually won&#39;t split their stock unless they believe that their share price will keep increasing. One reason is that there are minimum share price requirements to be listed on the NYSE and Nasdaq exchanges. That said, even at the post-split price of ~$300, Tesla is a long way from falling to the current $1 per share requirement.</p><p>Relative to more important considerations like earnings growth and valuation multiples, stock splits are essentially a neutral event for long-term investors. But in a vacuum, it&#39;s clear that stock splits are more positive than negative.</p><p><b>Q2 Earnings</b></p><p>Because the stock split doesn&#39;t impact Tesla&#39;s fundamentals, I won&#39;t adjust my target market cap for Tesla as a result of the split. However, I did update my price target for Tesla since my last article in June as a result of Tesla&#39;s Q2 earnings. I shared my updated $767 target with Tech Investing Edge members after Tesla reported.</p><p>I was disappointed by the earnings, mostly because I found slowing revenue growth more disappointing than a 27% EPS beat was impressive. After management constantly talked about Tesla&#39;s ability to maintain &gt;50% revenue growth over the coming quarters, growth fell to 42% in Q2. Considering that most Tesla models are heavily backordered, management correctly blamed the slowdown on production issues rather than a lack of demand. Even so, they admitted that 50% growth would be a more difficult target to attain going forward as they work to ramp up production.</p><p>I&#39;ve never believed Tesla&#39;s 50% growth target, and model them growing at a 25% CAGR over the coming decade. Nevertheless, I did expect them to stay above 50% for at least a few more quarters considering management&#39;s bullishness and my expectation for slower growth in the back half of the decade.</p><p>Despite the slowdown this quarter, I still think that my long-term 25% CAGR target is attainable, as even 42% growth is well above that level and management guided for a re-acceleration this quarter. Thus, despite being disappointed by the earnings, I raised my price target from $714 to $767 to account for Tesla&#39;s now-larger ttm revenue and EPS.</p><p><b>Conclusion</b></p><p>Stock splits tend to get a lot of media coverage, but for long-term investors they&#39;re not a big deal. Tesla has been able to split its stock multiple times because the company and Tesla stock have done very well, but that&#39;s not a guarantee of future performance.</p><p>If Tesla continues beating analysts&#39; expectations and growing quickly, then the company and its investors will likely continue to do well. However, production issues and competition could stop Tesla from reaching this goal, and the current valuation doesn&#39;t leave much room for error. Based on my own growth estimates and profitability model, I think that Tesla is slightly overvalued going into its stock split. Nevertheless, I view Tesla stock as a hold, since ~14% overvaluation isn&#39;t extreme.</p><p><i>This article was written by Kennan Mell. </i></p><p><i>This article is for reference only. You can take what is useful to you.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Tesla's Stock Split Good For Investors?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Tesla's Stock Split Good For Investors?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 17:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536846-tesla-stock-split-good-for-investors><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryI answer some of the most common questions from investors about stock splits.Stock splits don't matter nearly as much as fundamentals, but they're certainly not bad for investors.I also recap ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536846-tesla-stock-split-good-for-investors\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4536846-tesla-stock-split-good-for-investors","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262018006","content_text":"SummaryI answer some of the most common questions from investors about stock splits.Stock splits don't matter nearly as much as fundamentals, but they're certainly not bad for investors.I also recap Tesla's recent Q2 earnings report.Ajax9/iStock Editorial via Getty ImagesThesisAfter Q2 earnings, I updated my price target for Tesla (NASDAQ:TSLA) stock to $765 pre-split, which implies 14% downside from the current price. As I've shared in past articles (1,2), the key assumption inmy model is that Tesla grows at a 25% CAGR over the next decade primarily due to growth in electric vehicle sales. While the upcoming Tesla stock split isn't material to my thesis, investors may have questions about how the split works, and I'll attempt to answer some of the common ones in this article.Stock Split FAQsI covered Tesla's stock split in my last article, but I'll recap a few of the key questions and answers about the split here. Those who read my previous article or are experienced with stock splits can skip to the next section.How Do Stock Splits Impact Your Investment?The total value of your investment isn't directly impacted by the stock split because a company's market cap is unchanged by stock splits. The decrease in price per share is offset by the increase in the number of shares you own.For example, say Tesla is worth $900 before the split and you have one share. After the split, you'll have three shares, but each will be worth $300. Either way, you have $900. Of course, the value of Tesla stock may change as the market rises and falls from day to day, but that happens whether or not there's a split going on.It's also worth noting that the price per share and price per options contract will be lower after the split, which will make non-fractional shares and options more accessible to small investors.What Happens If You Buy Tesla Before The Split?Buying Tesla stock before the split is not very different from buying it after the split or any other day. You'd buy 3x fewer shares before the split as you would after the split in order to keep the total amount invested the same.When Will Tesla Stock Split?You will get two additional shares of Tesla stock for each share you already own on Wednesday, Aug. 24, after the market closes. Shares will trade at their post-split price starting on Thursday, Aug. 25.How Many Times Has Tesla Stock Split?This will be the second time that Tesla splits its stock. Tesla previously did a 5-for-1 stock split on Aug. 31, 2020. Shares have risen over 100% since then.Is Tesla's Stock Split Good For Investors?In other words, do stock splits impact performance? This is probably the most important question for most investors and also the most difficult to answer.There's some evidence that companies that split their stock outperform in aggregate in the short term, perhaps in part because splitting allows some stocks to be included in indexes like the Dow and increases their accessibility to retail investors. However, looking at individual stocks, there are many cases where a stock declines around the time of its split. Thus, I wouldn't recommend betting on short-term price appreciation in a single stock because of its split.However, splits certainly aren't bad news. They usually only happen after a stock has increased in value a lot, as Tesla stock has done over the past few years. Winners tend to keep winning, so betting on companies that already have done well can be a successful strategy.Also, companies usually won't split their stock unless they believe that their share price will keep increasing. One reason is that there are minimum share price requirements to be listed on the NYSE and Nasdaq exchanges. That said, even at the post-split price of ~$300, Tesla is a long way from falling to the current $1 per share requirement.Relative to more important considerations like earnings growth and valuation multiples, stock splits are essentially a neutral event for long-term investors. But in a vacuum, it's clear that stock splits are more positive than negative.Q2 EarningsBecause the stock split doesn't impact Tesla's fundamentals, I won't adjust my target market cap for Tesla as a result of the split. However, I did update my price target for Tesla since my last article in June as a result of Tesla's Q2 earnings. I shared my updated $767 target with Tech Investing Edge members after Tesla reported.I was disappointed by the earnings, mostly because I found slowing revenue growth more disappointing than a 27% EPS beat was impressive. After management constantly talked about Tesla's ability to maintain >50% revenue growth over the coming quarters, growth fell to 42% in Q2. Considering that most Tesla models are heavily backordered, management correctly blamed the slowdown on production issues rather than a lack of demand. Even so, they admitted that 50% growth would be a more difficult target to attain going forward as they work to ramp up production.I've never believed Tesla's 50% growth target, and model them growing at a 25% CAGR over the coming decade. Nevertheless, I did expect them to stay above 50% for at least a few more quarters considering management's bullishness and my expectation for slower growth in the back half of the decade.Despite the slowdown this quarter, I still think that my long-term 25% CAGR target is attainable, as even 42% growth is well above that level and management guided for a re-acceleration this quarter. Thus, despite being disappointed by the earnings, I raised my price target from $714 to $767 to account for Tesla's now-larger ttm revenue and EPS.ConclusionStock splits tend to get a lot of media coverage, but for long-term investors they're not a big deal. Tesla has been able to split its stock multiple times because the company and Tesla stock have done very well, but that's not a guarantee of future performance.If Tesla continues beating analysts' expectations and growing quickly, then the company and its investors will likely continue to do well. However, production issues and competition could stop Tesla from reaching this goal, and the current valuation doesn't leave much room for error. Based on my own growth estimates and profitability model, I think that Tesla is slightly overvalued going into its stock split. Nevertheless, I view Tesla stock as a hold, since ~14% overvaluation isn't extreme.This article was written by Kennan Mell. This article is for reference only. You can take what is useful to you.","news_type":1},"isVote":1,"tweetType":1,"viewCount":497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992400486,"gmtCreate":1661348957747,"gmtModify":1676536501026,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090234997856730","idStr":"4090234997856730"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992400486","repostId":"1162343527","repostType":4,"repost":{"id":"1162343527","pubTimestamp":1661354227,"share":"https://ttm.financial/m/news/1162343527?lang=&edition=fundamental","pubTime":"2022-08-24 23:17","market":"us","language":"en","title":"Elon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1162343527","media":"Bloomberg","summary":"In a country where economic inequality has inspiredParasiteandSquid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: Lucia P","content":"<html><head></head><body><p>In a country where economic inequality has inspired <i>Parasite</i> and <i>Squid Game</i>, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c628a928019451a317d0571a52e0552b\" tg-width=\"2210\" tg-height=\"1964\" referrerpolicy=\"no-referrer\"/><span>llustration: Lucia Pham for Bloomberg Businessweek</span></p><p>Park Sunghyun and her husband sold their home in Seoul, moved into a rental apartment with their 7-year-old son, and plowed the family’s $230,000 of savings into shares of <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc.</a></p><p>They’re not alone in betting everything on Elon Musk’s electric-car maker. Throughout the pandemic, individual South Koreans thronged into Tesla stock, increasing their combined holdings more than a hundredfold, to exceed $15 billion. It makes them key stakeholders in one of the largest companies in the world by market value, with a collective share as big as those of Larry Ellison or US money manager T. Rowe Price Group Inc. They tend to be dip buyers who jump in when the stock retreats, helping curb declines.</p><p>But there’s an unhappy undercurrent to such enthusiasm: As South Korea’s wealth gap widens, many of these investors see risky bets on stocks and cryptocurrencies as their only realistic path to financial independence. Tesla is a favorite of retail traders worldwide, but Musk has generated a following in the country with something that approaches cultlike fervor among struggling wage earners. They call themselves Teslams, blending the words “Tesla” and “Islam” to show the strength of their faith in the company. Some sign off on tweets with the word “Temen,” their play on “Tesla” and “amen.”</p><p>Park and her husband—university graduates who landed jobs in the finance sector before marrying and starting a family—hadn’t planned on risking everything on Tesla. Then the already hot property market reached a boiling point when the central bank cut interest rates to a record low after the coronavirus outbreak began in 2020.</p><p><img src=\"https://static.tigerbbs.com/332ec723ed0145f8110751875c90853a\" tg-width=\"694\" tg-height=\"535\" referrerpolicy=\"no-referrer\"/></p><p>The couple had sold their home in late 2019, hoping to buy a bigger one, but were left stranded as prices accelerated beyond their borrowing capacity. The same story has played out in many countries recently, but it’s emblematic of South Korea, where the cost of apartments in the greater Seoul metropolitan area doubled over the past five years, outpacing pay increases by more than 80 percentage points. A typical three-bedroom apartment—the most popular size—costs 1.24 billion won ($924,235) in Seoul on average, according to Kookmin Bank.</p><p>“I thought I would live well by working at a good company after college, but the reality is that we are the poorest in our neighborhood,” says Park, 40, echoing the kind of frustration that helped inspire Netflix Inc.’s Korean drama Squid Game. “Living as a salaried worker, there are so many limitations.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0361d48b4cabfdf6df8321fc7520b2da\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>A driver charges his Tesla Model 3 at a charger station in Suwon.Photographer: SeongJoon Cho/Bloomberg</span></p><p>Red flags abound. There’s Musk’s high-profile disputes with regulators; his on-again, off-again bid for Twitter Inc.; and the volatility it’s caused in Tesla’s share price. But investors such as Park find excitement in the drama. Although Tesla shares have dropped more than 25% from their 2021 high, they’re still up 1,900% over the past three years. That compares with an increase of about 40% for Samsung Electronics Co.—the most widely held stock in the country—and even less for Korea’s Kospi index.</p><p>“With this man, I thought we could go all-in,” says Park, who bought at an average price of $668 a share, well below the close of $870 on Aug. 22. She and her husband see Musk as a visionary who will succeed in continuing to effect change in the auto industry. “He’s doing things that nobody was thinking of before,” she says.</p><p>Individual Koreans held about 1.6% of the company’s equity as of Aug. 17, according to calculations by Bloomberg News based on data from Korea’s central securities depository. That’s more than their combined investments in Alphabet, Apple, Microsoft, and Nvidia, the data show. There are no official figures on the total holdings of US retail traders in Tesla, which is assumed to be larger given the bigger pool of investors in its home market. Giacomo Pierantoni, head of data at Singapore-based Vanda Research, estimates that individuals globally, excluding Musk and Ellison, own about 15% of the company.</p><p>The allure of Tesla is even stronger among people in their 20s and 30s who have fewer assets to start with than couples such as Park and her husband. Younger Koreans see little opportunity to follow their parents into the property market and are increasingly worried about repeating the financial struggles of their grandparents. Despite their lifetime of slogging that transformed the economy into an export powerhouse, elderly Koreans’ poverty rate is the highest among the 38 member countries of the Organization for Economic Cooperation and Development.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00e52e1a3202d8b6f8bc6bfcfff8d397\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>A Tesla store in Seoul.Photographer: SeongJoon Cho/Bloomberg</span></p><p>“I fell into a panic that I might never be able to buy a house,” says Son Gilhun, a 27-year-old forklift driver who lives in Hanam on the southeast outskirts of the capital. “Instead of giving up, I decided to follow my older colleagues in buying stocks.” He gambled heavily on Tesla and amassed a stock portfolio worth about $100,000 during the pandemic by adopting a frugal lifestyle and channeling half his $2,000 monthly paycheck into equities. Son trimmed his Korean holdings and boosted his stake in the carmaker in June when the shares fell below $700. His immediate goal is to buy a Tesla and, if he can make enough money, eventually a house.</p><p>Musk’s recent sale of about 7.92 million shares—to accumulate cash before a trial that could force him to follow through on an agreement to acquire Twitter—has drawn mixed responses from the Teslams. Some vented their disappointment on social media. Others hoped for another dip-buying opportunity, which didn’t materialize. Son was sanguine, describing it as “not so desirable” but understandable given the situation with Twitter. Park was angry at first but is keeping faith with her choice. “Teslams like myself are not changing our investment,” she says. “We are staying firm.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake</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\">\nElon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 23:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a country where economic inequality has inspired Parasite and Squid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea\">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.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162343527","content_text":"In a country where economic inequality has inspired Parasite and Squid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: Lucia Pham for Bloomberg BusinessweekPark Sunghyun and her husband sold their home in Seoul, moved into a rental apartment with their 7-year-old son, and plowed the family’s $230,000 of savings into shares of Tesla Inc.They’re not alone in betting everything on Elon Musk’s electric-car maker. Throughout the pandemic, individual South Koreans thronged into Tesla stock, increasing their combined holdings more than a hundredfold, to exceed $15 billion. It makes them key stakeholders in one of the largest companies in the world by market value, with a collective share as big as those of Larry Ellison or US money manager T. Rowe Price Group Inc. They tend to be dip buyers who jump in when the stock retreats, helping curb declines.But there’s an unhappy undercurrent to such enthusiasm: As South Korea’s wealth gap widens, many of these investors see risky bets on stocks and cryptocurrencies as their only realistic path to financial independence. Tesla is a favorite of retail traders worldwide, but Musk has generated a following in the country with something that approaches cultlike fervor among struggling wage earners. They call themselves Teslams, blending the words “Tesla” and “Islam” to show the strength of their faith in the company. Some sign off on tweets with the word “Temen,” their play on “Tesla” and “amen.”Park and her husband—university graduates who landed jobs in the finance sector before marrying and starting a family—hadn’t planned on risking everything on Tesla. Then the already hot property market reached a boiling point when the central bank cut interest rates to a record low after the coronavirus outbreak began in 2020.The couple had sold their home in late 2019, hoping to buy a bigger one, but were left stranded as prices accelerated beyond their borrowing capacity. The same story has played out in many countries recently, but it’s emblematic of South Korea, where the cost of apartments in the greater Seoul metropolitan area doubled over the past five years, outpacing pay increases by more than 80 percentage points. A typical three-bedroom apartment—the most popular size—costs 1.24 billion won ($924,235) in Seoul on average, according to Kookmin Bank.“I thought I would live well by working at a good company after college, but the reality is that we are the poorest in our neighborhood,” says Park, 40, echoing the kind of frustration that helped inspire Netflix Inc.’s Korean drama Squid Game. “Living as a salaried worker, there are so many limitations.”A driver charges his Tesla Model 3 at a charger station in Suwon.Photographer: SeongJoon Cho/BloombergRed flags abound. There’s Musk’s high-profile disputes with regulators; his on-again, off-again bid for Twitter Inc.; and the volatility it’s caused in Tesla’s share price. But investors such as Park find excitement in the drama. Although Tesla shares have dropped more than 25% from their 2021 high, they’re still up 1,900% over the past three years. That compares with an increase of about 40% for Samsung Electronics Co.—the most widely held stock in the country—and even less for Korea’s Kospi index.“With this man, I thought we could go all-in,” says Park, who bought at an average price of $668 a share, well below the close of $870 on Aug. 22. She and her husband see Musk as a visionary who will succeed in continuing to effect change in the auto industry. “He’s doing things that nobody was thinking of before,” she says.Individual Koreans held about 1.6% of the company’s equity as of Aug. 17, according to calculations by Bloomberg News based on data from Korea’s central securities depository. That’s more than their combined investments in Alphabet, Apple, Microsoft, and Nvidia, the data show. There are no official figures on the total holdings of US retail traders in Tesla, which is assumed to be larger given the bigger pool of investors in its home market. Giacomo Pierantoni, head of data at Singapore-based Vanda Research, estimates that individuals globally, excluding Musk and Ellison, own about 15% of the company.The allure of Tesla is even stronger among people in their 20s and 30s who have fewer assets to start with than couples such as Park and her husband. Younger Koreans see little opportunity to follow their parents into the property market and are increasingly worried about repeating the financial struggles of their grandparents. Despite their lifetime of slogging that transformed the economy into an export powerhouse, elderly Koreans’ poverty rate is the highest among the 38 member countries of the Organization for Economic Cooperation and Development.A Tesla store in Seoul.Photographer: SeongJoon Cho/Bloomberg“I fell into a panic that I might never be able to buy a house,” says Son Gilhun, a 27-year-old forklift driver who lives in Hanam on the southeast outskirts of the capital. “Instead of giving up, I decided to follow my older colleagues in buying stocks.” He gambled heavily on Tesla and amassed a stock portfolio worth about $100,000 during the pandemic by adopting a frugal lifestyle and channeling half his $2,000 monthly paycheck into equities. Son trimmed his Korean holdings and boosted his stake in the carmaker in June when the shares fell below $700. His immediate goal is to buy a Tesla and, if he can make enough money, eventually a house.Musk’s recent sale of about 7.92 million shares—to accumulate cash before a trial that could force him to follow through on an agreement to acquire Twitter—has drawn mixed responses from the Teslams. Some vented their disappointment on social media. Others hoped for another dip-buying opportunity, which didn’t materialize. Son was sanguine, describing it as “not so desirable” but understandable given the situation with Twitter. Park was angry at first but is keeping faith with her choice. “Teslams like myself are not changing our investment,” she says. “We are staying firm.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992400625,"gmtCreate":1661348935970,"gmtModify":1676536501018,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090234997856730","idStr":"4090234997856730"},"themes":[],"htmlText":"A","listText":"A","text":"A","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992400625","repostId":"1162343527","repostType":4,"repost":{"id":"1162343527","pubTimestamp":1661354227,"share":"https://ttm.financial/m/news/1162343527?lang=&edition=fundamental","pubTime":"2022-08-24 23:17","market":"us","language":"en","title":"Elon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1162343527","media":"Bloomberg","summary":"In a country where economic inequality has inspiredParasiteandSquid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: Lucia P","content":"<html><head></head><body><p>In a country where economic inequality has inspired <i>Parasite</i> and <i>Squid Game</i>, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c628a928019451a317d0571a52e0552b\" tg-width=\"2210\" tg-height=\"1964\" referrerpolicy=\"no-referrer\"/><span>llustration: Lucia Pham for Bloomberg Businessweek</span></p><p>Park Sunghyun and her husband sold their home in Seoul, moved into a rental apartment with their 7-year-old son, and plowed the family’s $230,000 of savings into shares of <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc.</a></p><p>They’re not alone in betting everything on Elon Musk’s electric-car maker. Throughout the pandemic, individual South Koreans thronged into Tesla stock, increasing their combined holdings more than a hundredfold, to exceed $15 billion. It makes them key stakeholders in one of the largest companies in the world by market value, with a collective share as big as those of Larry Ellison or US money manager T. Rowe Price Group Inc. They tend to be dip buyers who jump in when the stock retreats, helping curb declines.</p><p>But there’s an unhappy undercurrent to such enthusiasm: As South Korea’s wealth gap widens, many of these investors see risky bets on stocks and cryptocurrencies as their only realistic path to financial independence. Tesla is a favorite of retail traders worldwide, but Musk has generated a following in the country with something that approaches cultlike fervor among struggling wage earners. They call themselves Teslams, blending the words “Tesla” and “Islam” to show the strength of their faith in the company. Some sign off on tweets with the word “Temen,” their play on “Tesla” and “amen.”</p><p>Park and her husband—university graduates who landed jobs in the finance sector before marrying and starting a family—hadn’t planned on risking everything on Tesla. Then the already hot property market reached a boiling point when the central bank cut interest rates to a record low after the coronavirus outbreak began in 2020.</p><p><img src=\"https://static.tigerbbs.com/332ec723ed0145f8110751875c90853a\" tg-width=\"694\" tg-height=\"535\" referrerpolicy=\"no-referrer\"/></p><p>The couple had sold their home in late 2019, hoping to buy a bigger one, but were left stranded as prices accelerated beyond their borrowing capacity. The same story has played out in many countries recently, but it’s emblematic of South Korea, where the cost of apartments in the greater Seoul metropolitan area doubled over the past five years, outpacing pay increases by more than 80 percentage points. A typical three-bedroom apartment—the most popular size—costs 1.24 billion won ($924,235) in Seoul on average, according to Kookmin Bank.</p><p>“I thought I would live well by working at a good company after college, but the reality is that we are the poorest in our neighborhood,” says Park, 40, echoing the kind of frustration that helped inspire Netflix Inc.’s Korean drama Squid Game. “Living as a salaried worker, there are so many limitations.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0361d48b4cabfdf6df8321fc7520b2da\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>A driver charges his Tesla Model 3 at a charger station in Suwon.Photographer: SeongJoon Cho/Bloomberg</span></p><p>Red flags abound. There’s Musk’s high-profile disputes with regulators; his on-again, off-again bid for Twitter Inc.; and the volatility it’s caused in Tesla’s share price. But investors such as Park find excitement in the drama. Although Tesla shares have dropped more than 25% from their 2021 high, they’re still up 1,900% over the past three years. That compares with an increase of about 40% for Samsung Electronics Co.—the most widely held stock in the country—and even less for Korea’s Kospi index.</p><p>“With this man, I thought we could go all-in,” says Park, who bought at an average price of $668 a share, well below the close of $870 on Aug. 22. She and her husband see Musk as a visionary who will succeed in continuing to effect change in the auto industry. “He’s doing things that nobody was thinking of before,” she says.</p><p>Individual Koreans held about 1.6% of the company’s equity as of Aug. 17, according to calculations by Bloomberg News based on data from Korea’s central securities depository. That’s more than their combined investments in Alphabet, Apple, Microsoft, and Nvidia, the data show. There are no official figures on the total holdings of US retail traders in Tesla, which is assumed to be larger given the bigger pool of investors in its home market. Giacomo Pierantoni, head of data at Singapore-based Vanda Research, estimates that individuals globally, excluding Musk and Ellison, own about 15% of the company.</p><p>The allure of Tesla is even stronger among people in their 20s and 30s who have fewer assets to start with than couples such as Park and her husband. Younger Koreans see little opportunity to follow their parents into the property market and are increasingly worried about repeating the financial struggles of their grandparents. Despite their lifetime of slogging that transformed the economy into an export powerhouse, elderly Koreans’ poverty rate is the highest among the 38 member countries of the Organization for Economic Cooperation and Development.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00e52e1a3202d8b6f8bc6bfcfff8d397\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>A Tesla store in Seoul.Photographer: SeongJoon Cho/Bloomberg</span></p><p>“I fell into a panic that I might never be able to buy a house,” says Son Gilhun, a 27-year-old forklift driver who lives in Hanam on the southeast outskirts of the capital. “Instead of giving up, I decided to follow my older colleagues in buying stocks.” He gambled heavily on Tesla and amassed a stock portfolio worth about $100,000 during the pandemic by adopting a frugal lifestyle and channeling half his $2,000 monthly paycheck into equities. Son trimmed his Korean holdings and boosted his stake in the carmaker in June when the shares fell below $700. His immediate goal is to buy a Tesla and, if he can make enough money, eventually a house.</p><p>Musk’s recent sale of about 7.92 million shares—to accumulate cash before a trial that could force him to follow through on an agreement to acquire Twitter—has drawn mixed responses from the Teslams. Some vented their disappointment on social media. Others hoped for another dip-buying opportunity, which didn’t materialize. Son was sanguine, describing it as “not so desirable” but understandable given the situation with Twitter. Park was angry at first but is keeping faith with her choice. “Teslams like myself are not changing our investment,” she says. “We are staying firm.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake</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\">\nElon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 23:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a country where economic inequality has inspired Parasite and Squid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea\">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.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162343527","content_text":"In a country where economic inequality has inspired Parasite and Squid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: Lucia Pham for Bloomberg BusinessweekPark Sunghyun and her husband sold their home in Seoul, moved into a rental apartment with their 7-year-old son, and plowed the family’s $230,000 of savings into shares of Tesla Inc.They’re not alone in betting everything on Elon Musk’s electric-car maker. Throughout the pandemic, individual South Koreans thronged into Tesla stock, increasing their combined holdings more than a hundredfold, to exceed $15 billion. It makes them key stakeholders in one of the largest companies in the world by market value, with a collective share as big as those of Larry Ellison or US money manager T. Rowe Price Group Inc. They tend to be dip buyers who jump in when the stock retreats, helping curb declines.But there’s an unhappy undercurrent to such enthusiasm: As South Korea’s wealth gap widens, many of these investors see risky bets on stocks and cryptocurrencies as their only realistic path to financial independence. Tesla is a favorite of retail traders worldwide, but Musk has generated a following in the country with something that approaches cultlike fervor among struggling wage earners. They call themselves Teslams, blending the words “Tesla” and “Islam” to show the strength of their faith in the company. Some sign off on tweets with the word “Temen,” their play on “Tesla” and “amen.”Park and her husband—university graduates who landed jobs in the finance sector before marrying and starting a family—hadn’t planned on risking everything on Tesla. Then the already hot property market reached a boiling point when the central bank cut interest rates to a record low after the coronavirus outbreak began in 2020.The couple had sold their home in late 2019, hoping to buy a bigger one, but were left stranded as prices accelerated beyond their borrowing capacity. The same story has played out in many countries recently, but it’s emblematic of South Korea, where the cost of apartments in the greater Seoul metropolitan area doubled over the past five years, outpacing pay increases by more than 80 percentage points. A typical three-bedroom apartment—the most popular size—costs 1.24 billion won ($924,235) in Seoul on average, according to Kookmin Bank.“I thought I would live well by working at a good company after college, but the reality is that we are the poorest in our neighborhood,” says Park, 40, echoing the kind of frustration that helped inspire Netflix Inc.’s Korean drama Squid Game. “Living as a salaried worker, there are so many limitations.”A driver charges his Tesla Model 3 at a charger station in Suwon.Photographer: SeongJoon Cho/BloombergRed flags abound. There’s Musk’s high-profile disputes with regulators; his on-again, off-again bid for Twitter Inc.; and the volatility it’s caused in Tesla’s share price. But investors such as Park find excitement in the drama. Although Tesla shares have dropped more than 25% from their 2021 high, they’re still up 1,900% over the past three years. That compares with an increase of about 40% for Samsung Electronics Co.—the most widely held stock in the country—and even less for Korea’s Kospi index.“With this man, I thought we could go all-in,” says Park, who bought at an average price of $668 a share, well below the close of $870 on Aug. 22. She and her husband see Musk as a visionary who will succeed in continuing to effect change in the auto industry. “He’s doing things that nobody was thinking of before,” she says.Individual Koreans held about 1.6% of the company’s equity as of Aug. 17, according to calculations by Bloomberg News based on data from Korea’s central securities depository. That’s more than their combined investments in Alphabet, Apple, Microsoft, and Nvidia, the data show. There are no official figures on the total holdings of US retail traders in Tesla, which is assumed to be larger given the bigger pool of investors in its home market. Giacomo Pierantoni, head of data at Singapore-based Vanda Research, estimates that individuals globally, excluding Musk and Ellison, own about 15% of the company.The allure of Tesla is even stronger among people in their 20s and 30s who have fewer assets to start with than couples such as Park and her husband. Younger Koreans see little opportunity to follow their parents into the property market and are increasingly worried about repeating the financial struggles of their grandparents. Despite their lifetime of slogging that transformed the economy into an export powerhouse, elderly Koreans’ poverty rate is the highest among the 38 member countries of the Organization for Economic Cooperation and Development.A Tesla store in Seoul.Photographer: SeongJoon Cho/Bloomberg“I fell into a panic that I might never be able to buy a house,” says Son Gilhun, a 27-year-old forklift driver who lives in Hanam on the southeast outskirts of the capital. “Instead of giving up, I decided to follow my older colleagues in buying stocks.” He gambled heavily on Tesla and amassed a stock portfolio worth about $100,000 during the pandemic by adopting a frugal lifestyle and channeling half his $2,000 monthly paycheck into equities. Son trimmed his Korean holdings and boosted his stake in the carmaker in June when the shares fell below $700. His immediate goal is to buy a Tesla and, if he can make enough money, eventually a house.Musk’s recent sale of about 7.92 million shares—to accumulate cash before a trial that could force him to follow through on an agreement to acquire Twitter—has drawn mixed responses from the Teslams. Some vented their disappointment on social media. Others hoped for another dip-buying opportunity, which didn’t materialize. Son was sanguine, describing it as “not so desirable” but understandable given the situation with Twitter. Park was angry at first but is keeping faith with her choice. “Teslams like myself are not changing our investment,” she says. “We are staying firm.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992397319,"gmtCreate":1661261069833,"gmtModify":1676536484210,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090234997856730","idStr":"4090234997856730"},"themes":[],"htmlText":"B","listText":"B","text":"B","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992397319","repostId":"1126600044","repostType":4,"repost":{"id":"1126600044","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":1661255627,"share":"https://ttm.financial/m/news/1126600044?lang=&edition=fundamental","pubTime":"2022-08-23 19:53","market":"us","language":"en","title":"Pre-Bell｜U.S. Futures Edge up; Zoom Shares Tumble 11%","url":"https://stock-news.laohu8.com/highlight/detail?id=1126600044","media":"Tiger Newspress","summary":"U.S. stock index futures ticked higher on Tuesday after a steep selloff on Wall Street in the previo","content":"<html><head></head><body><p>U.S. stock index futures ticked higher on Tuesday after a steep selloff on Wall Street in the previous session on concerns about aggressive signals from the Federal Reserve on interest rate increases, with manufacturing and services data on tap.</p><p>The S&amp;P flash composite Purchasing Managers&#39; Index (PMI) due at 9:45 a.m. ET, which would provide clues on the strength of the U.S. economy, will follow weak readings from Europe earlier in the day that compounded expectations of a recession in the region and pressured global markets.</p><p><b>Market Snapshot</b></p><p>At 07:50 a.m. ET, Dow e-minis were up 24 points, or 0.07%, S&amp;P 500 e-minis were up 4.25 points, or 0.10%, and Nasdaq 100 e-minis were up 21.25 points, or 0.16%.</p><p><img src=\"https://static.tigerbbs.com/d5f9f60d2d62deda5bc07250387d1d10\" tg-width=\"416\" tg-height=\"188\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b>Zoom Video Communications (ZM)</b> – Zoom tumbled 11.2% in the premarket after the videoconferencing company cut its full-year forecast. Zoom reported better-than-expected earnings for its latest quarter, but revenue fell short of forecasts. Zoom’s CFO said the company is having some difficulty attracting new, paying subscribers, although he added that enterprise sales are strong.</p><p><b>Palo Alto Networks (PANW)</b> – Palo Alto rallied 9.6% in premarket trading after the cybersecurity company reported better-than-expected quarterly results and issued an upbeat forecast. Palo Alto also announced its board of directors had approved a 3-for-1 stock split.</p><p><b>Macy’s (M)</b> – The retailer’s shares added 2.6% in premarket trading after it beat sales and profit forecasts for its second quarter, and comparable store sales fell less than expected. Macy’s lowered full-year guidance, however, to incorporate risks from a slowing economy.</p><p><b>Dick’s Sporting Goods </b><b>(DKS)</b> – The sporting goods retailer beat top and bottom line estimates for the second quarter and raised its full-year forecast. Comparable store sales sank by 5.1% during the quarter, but that was smaller than the 6.9% decline expected by analysts. The stock gained 0.6% in the premarket.</p><p><b>Medtronic (MDT)</b> – Medtronic gained 1% in the premarket after reporting quarterly profit and revenue that exceeded analysts’ forecasts. Revenue fell from a year ago as the medical products maker was impacted by supply chain challenges.</p><p><b>JD.com (JD)</b> – The China-based e-commerce company reported better-than-expected quarterly results and saw a 9.2% increase in active customer accounts. JD.com jumped 3.4% in premarket action.</p><p><b>XPeng (XPEV) </b>– XPeng fell 4.8% in premarket action after the China-based electric vehicle maker reported a wider-than-expected quarterly loss, although revenue exceeded analysts’ forecasts as total deliveries nearly doubled from a year earlier.</p><p><b>Pinduoduo (PDD)</b> – Pinduoduo plans to launch an international e-commerce platform next month, according to a source with direct knowledge of the matter who spoke to Reuters. Pinduoduo rose 2.8% in premarket trading.</p><p><b>Warner Bros. Discovery (WBD) </b>– Nearly 10 million viewers watched the “Game of Thrones” prequel “House of the Dragon” on the company’s HBO Max service, a record for an HBO series debut. Warner Bros. Discovery gained 1.5% in the premarket.</p><p><b>J.M. Smucker (SJM)</b> – The food producer’s stock added 1.8% in premarket trading after it reported better-than-expected quarterly profit and raised its full-year outlook.</p><p><b>Market News</b></p><p><b>Musk Seeks Documents From Jack Dorsey in Fight Over Twitter Deal</b></p><p>Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing.</p><p>Dorsey, who resigned as Twitter&#39;s chief executive in November and left the board in May, was asked for documents and communications about Musk&#39;s April agreement to buy the company and about spam accounts on the platform, according to a copy of the subpoena.</p><p><b>Apple’s New iPhone 14 to Show India Closing Tech Gap With China</b></p><p>Apple Inc. plans to begin manufacturing the iPhone 14 in India about two months after the product’s initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated.</p><p>The company has been working with suppliers to ramp up manufacturing in India and shorten the lag in production of the new iPhone from the typical six to nine months for previous launches, according to people familiar with the matter.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜U.S. Futures Edge up; Zoom Shares Tumble 11%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Futures Edge up; Zoom Shares Tumble 11%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-23 19:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures ticked higher on Tuesday after a steep selloff on Wall Street in the previous session on concerns about aggressive signals from the Federal Reserve on interest rate increases, with manufacturing and services data on tap.</p><p>The S&amp;P flash composite Purchasing Managers&#39; Index (PMI) due at 9:45 a.m. ET, which would provide clues on the strength of the U.S. economy, will follow weak readings from Europe earlier in the day that compounded expectations of a recession in the region and pressured global markets.</p><p><b>Market Snapshot</b></p><p>At 07:50 a.m. ET, Dow e-minis were up 24 points, or 0.07%, S&amp;P 500 e-minis were up 4.25 points, or 0.10%, and Nasdaq 100 e-minis were up 21.25 points, or 0.16%.</p><p><img src=\"https://static.tigerbbs.com/d5f9f60d2d62deda5bc07250387d1d10\" tg-width=\"416\" tg-height=\"188\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b>Zoom Video Communications (ZM)</b> – Zoom tumbled 11.2% in the premarket after the videoconferencing company cut its full-year forecast. Zoom reported better-than-expected earnings for its latest quarter, but revenue fell short of forecasts. Zoom’s CFO said the company is having some difficulty attracting new, paying subscribers, although he added that enterprise sales are strong.</p><p><b>Palo Alto Networks (PANW)</b> – Palo Alto rallied 9.6% in premarket trading after the cybersecurity company reported better-than-expected quarterly results and issued an upbeat forecast. Palo Alto also announced its board of directors had approved a 3-for-1 stock split.</p><p><b>Macy’s (M)</b> – The retailer’s shares added 2.6% in premarket trading after it beat sales and profit forecasts for its second quarter, and comparable store sales fell less than expected. Macy’s lowered full-year guidance, however, to incorporate risks from a slowing economy.</p><p><b>Dick’s Sporting Goods </b><b>(DKS)</b> – The sporting goods retailer beat top and bottom line estimates for the second quarter and raised its full-year forecast. Comparable store sales sank by 5.1% during the quarter, but that was smaller than the 6.9% decline expected by analysts. The stock gained 0.6% in the premarket.</p><p><b>Medtronic (MDT)</b> – Medtronic gained 1% in the premarket after reporting quarterly profit and revenue that exceeded analysts’ forecasts. Revenue fell from a year ago as the medical products maker was impacted by supply chain challenges.</p><p><b>JD.com (JD)</b> – The China-based e-commerce company reported better-than-expected quarterly results and saw a 9.2% increase in active customer accounts. JD.com jumped 3.4% in premarket action.</p><p><b>XPeng (XPEV) </b>– XPeng fell 4.8% in premarket action after the China-based electric vehicle maker reported a wider-than-expected quarterly loss, although revenue exceeded analysts’ forecasts as total deliveries nearly doubled from a year earlier.</p><p><b>Pinduoduo (PDD)</b> – Pinduoduo plans to launch an international e-commerce platform next month, according to a source with direct knowledge of the matter who spoke to Reuters. Pinduoduo rose 2.8% in premarket trading.</p><p><b>Warner Bros. Discovery (WBD) </b>– Nearly 10 million viewers watched the “Game of Thrones” prequel “House of the Dragon” on the company’s HBO Max service, a record for an HBO series debut. Warner Bros. Discovery gained 1.5% in the premarket.</p><p><b>J.M. Smucker (SJM)</b> – The food producer’s stock added 1.8% in premarket trading after it reported better-than-expected quarterly profit and raised its full-year outlook.</p><p><b>Market News</b></p><p><b>Musk Seeks Documents From Jack Dorsey in Fight Over Twitter Deal</b></p><p>Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing.</p><p>Dorsey, who resigned as Twitter&#39;s chief executive in November and left the board in May, was asked for documents and communications about Musk&#39;s April agreement to buy the company and about spam accounts on the platform, according to a copy of the subpoena.</p><p><b>Apple’s New iPhone 14 to Show India Closing Tech Gap With China</b></p><p>Apple Inc. plans to begin manufacturing the iPhone 14 in India about two months after the product’s initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated.</p><p>The company has been working with suppliers to ramp up manufacturing in India and shorten the lag in production of the new iPhone from the typical six to nine months for previous launches, according to people familiar with the matter.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PANW":"Palo Alto Networks",".IXIC":"NASDAQ Composite","DKS":"迪克体育用品","M":"梅西百货",".SPX":"S&P 500 Index","SJM":"斯马克",".DJI":"道琼斯","WBD":"Warner Bros. Discovery","JD":"京东","PDD":"拼多多","ZM":"Zoom","XPEV":"小鹏汽车","MDT":"美敦力"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126600044","content_text":"U.S. stock index futures ticked higher on Tuesday after a steep selloff on Wall Street in the previous session on concerns about aggressive signals from the Federal Reserve on interest rate increases, with manufacturing and services data on tap.The S&P flash composite Purchasing Managers' Index (PMI) due at 9:45 a.m. ET, which would provide clues on the strength of the U.S. economy, will follow weak readings from Europe earlier in the day that compounded expectations of a recession in the region and pressured global markets.Market SnapshotAt 07:50 a.m. ET, Dow e-minis were up 24 points, or 0.07%, S&P 500 e-minis were up 4.25 points, or 0.10%, and Nasdaq 100 e-minis were up 21.25 points, or 0.16%.Pre-Market MoversZoom Video Communications (ZM) – Zoom tumbled 11.2% in the premarket after the videoconferencing company cut its full-year forecast. Zoom reported better-than-expected earnings for its latest quarter, but revenue fell short of forecasts. Zoom’s CFO said the company is having some difficulty attracting new, paying subscribers, although he added that enterprise sales are strong.Palo Alto Networks (PANW) – Palo Alto rallied 9.6% in premarket trading after the cybersecurity company reported better-than-expected quarterly results and issued an upbeat forecast. Palo Alto also announced its board of directors had approved a 3-for-1 stock split.Macy’s (M) – The retailer’s shares added 2.6% in premarket trading after it beat sales and profit forecasts for its second quarter, and comparable store sales fell less than expected. Macy’s lowered full-year guidance, however, to incorporate risks from a slowing economy.Dick’s Sporting Goods (DKS) – The sporting goods retailer beat top and bottom line estimates for the second quarter and raised its full-year forecast. Comparable store sales sank by 5.1% during the quarter, but that was smaller than the 6.9% decline expected by analysts. The stock gained 0.6% in the premarket.Medtronic (MDT) – Medtronic gained 1% in the premarket after reporting quarterly profit and revenue that exceeded analysts’ forecasts. Revenue fell from a year ago as the medical products maker was impacted by supply chain challenges.JD.com (JD) – The China-based e-commerce company reported better-than-expected quarterly results and saw a 9.2% increase in active customer accounts. JD.com jumped 3.4% in premarket action.XPeng (XPEV) – XPeng fell 4.8% in premarket action after the China-based electric vehicle maker reported a wider-than-expected quarterly loss, although revenue exceeded analysts’ forecasts as total deliveries nearly doubled from a year earlier.Pinduoduo (PDD) – Pinduoduo plans to launch an international e-commerce platform next month, according to a source with direct knowledge of the matter who spoke to Reuters. Pinduoduo rose 2.8% in premarket trading.Warner Bros. Discovery (WBD) – Nearly 10 million viewers watched the “Game of Thrones” prequel “House of the Dragon” on the company’s HBO Max service, a record for an HBO series debut. Warner Bros. Discovery gained 1.5% in the premarket.J.M. Smucker (SJM) – The food producer’s stock added 1.8% in premarket trading after it reported better-than-expected quarterly profit and raised its full-year outlook.Market NewsMusk Seeks Documents From Jack Dorsey in Fight Over Twitter DealBillionaire entrepreneur Elon Musk is seeking documents from Twitter Inc co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing.Dorsey, who resigned as Twitter's chief executive in November and left the board in May, was asked for documents and communications about Musk's April agreement to buy the company and about spam accounts on the platform, according to a copy of the subpoena.Apple’s New iPhone 14 to Show India Closing Tech Gap With ChinaApple Inc. plans to begin manufacturing the iPhone 14 in India about two months after the product’s initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated.The company has been working with suppliers to ramp up manufacturing in India and shorten the lag in production of the new iPhone from the typical six to nine months for previous launches, according to people familiar with the matter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996263702,"gmtCreate":1661176956009,"gmtModify":1676536467596,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090234997856730","idStr":"4090234997856730"},"themes":[],"htmlText":"A","listText":"A","text":"A","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996263702","repostId":"2261515445","repostType":2,"repost":{"id":"2261515445","pubTimestamp":1661177189,"share":"https://ttm.financial/m/news/2261515445?lang=&edition=fundamental","pubTime":"2022-08-22 22:06","market":"us","language":"en","title":"Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders","url":"https://stock-news.laohu8.com/highlight/detail?id=2261515445","media":"Motley Fool","summary":"Tesla's stock split will take place after the close of trading on Aug. 24, but don't expect to wake up to riches overnight.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Tesla shareholders voted in favor of a 3-for-1 stock split at the company&#39;s annual meeting on Aug. 4.</li><li>Shareholders will see more shares of Tesla stock in their account after the stock split takes place on Aug. 24.</li><li>The shares will trade at a split-adjusted price on Aug. 25.</li></ul><p><b>Tesla</b> is moving forward with its second stock split on Aug. 24. Shareholders approved the 3-for-1 stock split at the company&#39;s annual meeting this month.</p><p>If you&#39;re confused about stock splits, below is a breakdown of how they work, so you can set your expectations.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae15e6e1d3574d71df0833be714bce02\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p><b>Stock splits are taking over headlines in 2022</b></p><p>Large tech companies have been dominating stock-split news this year. <b>Amazon</b> pursued its first stock split since the dot-com boom, completing a 20-for-1 stock split on June 3. E-commerce giant <b>Shopify</b> completed a 10-for-1 split of its common stock on June 28. Then, the parent company of Google, <b>Alphabet</b>, wrapped up a 20-for-1 stock split on July 15.</p><p>Now, Tesla is back in the spotlight after completing a 5-for-1 stock split in 2020. The electric vehicle maker hinted at a stock split earlier this year, and now the big day is taking place this month. If you haven&#39;t been following Tesla this year, here&#39;s a look at the company&#39;s stock-split timeline.</p><ul><li><b>March 28, 2022:</b> Tesla informed the SEC about its stock-split intentions via Form 8-K.</li><li><b>June 6, 2022:</b> If you were a shareholder as of close of business on this date, you received an invitation to Tesla&#39;s annual shareholders meeting.</li><li><b>June 10, 2022:</b> Tesla filed another form with the SEC, announcing a proposed 3-for-1 stock split.</li><li><b>Aug. 4, 2022:</b> Shareholders voted in favor of the 3-for-1 stock split at the 2022 Annual Meeting of Shareholders.</li><li><b>Aug. 17, 2022:</b> Stockholders of record on this date will receive two new shares for every one share they own.</li><li><b>Aug. 24, 2022:</b> The stock split will take place after the close of trading on this date.</li><li><b>Aug. 25, 2022:</b> Tesla shares will trade at a split-adjusted price on this date.</li></ul><p>As you can see, a stock split doesn&#39;t happen overnight. A company needs to file paperwork with the SEC to express its intentions, and then shareholders must give the company the green light to move forward with the stock split.</p><p><b>What happens when a stock splits?</b></p><p>A stock split may be popular, but that doesn&#39;t mean it&#39;s profitable. A stock split in itself won&#39;t make a company&#39;s market capitalization rise or change its intrinsic value. But it does increase the number of a company&#39;s outstanding shares. You&#39;ll notice more shares of a company stock in your account, but the overall value of your shares won&#39;t change. That&#39;s why a stock split is not a taxable event in itself. It doesn&#39;t leave you with more money in your pockets.</p><p>Let&#39;s dive into Tesla&#39;s stock split. The company is doing a 3-for-1 split. That means investors will receive two extra shares of Tesla for every one share they own.</p><p>If you own five shares of Tesla, you&#39;ll wake up to 15 shares of the company after the stock split. If you own 10 shares of Tesla, you&#39;ll have 30 shares later. If you own fractional shares, you&#39;ll still have a chance to participate in the stock split. You&#39;ll just have to do the math to see how your fractional shares will multiply after the stock split.</p><p>You can think of a stock split like getting slices of pizza. If you have a whole pizza, you can slice it into three equal parts like a 3-for-1 stock split. The amount of pizza you have is still the same. When you slice it, you break it up into bite-sized pieces so it&#39;s easier to consume.</p><p>A stock split makes it easier for investors to buy whole shares of a company stock by lowering the price tag. If shares of Tesla stock are $900 before the stock split, the shares will drop to $300 after the 3-for-1 stock split.</p><p><b>Is a stock split a positive sign for a company?</b></p><p>A stock split helps make a stock with a high price tag more affordable to retail investors. But that&#39;s not a big deal in this era since many investors can get their hands on stocks by purchasing fractional shares. However, there are some investors who like the idea of grabbing a whole share of Tesla without breaking the bank. Stock splits open the doors for more investors to accumulate whole shares of a company stock in their portfolio.</p><p>Although stock splits sound fancy, they are more of a cosmetic change. It doesn&#39;t determine the long-term potential of a company. Don&#39;t fall into the trap of believing that stock splits automatically lead to profitability. Do your research before you invest in any stock -- even if the company has a stock split coming up. Review the fundamentals, evaluate management&#39;s leadership style, and do a competitor analysis to see if a company deserves a spot in your portfolio.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders</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\">\nHere's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-22 22:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSTesla shareholders voted in favor of a 3-for-1 stock split at the company's annual meeting on Aug. 4.Shareholders will see more shares of Tesla stock in their account after the stock split ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261515445","content_text":"KEY POINTSTesla shareholders voted in favor of a 3-for-1 stock split at the company's annual meeting on Aug. 4.Shareholders will see more shares of Tesla stock in their account after the stock split takes place on Aug. 24.The shares will trade at a split-adjusted price on Aug. 25.Tesla is moving forward with its second stock split on Aug. 24. Shareholders approved the 3-for-1 stock split at the company's annual meeting this month.If you're confused about stock splits, below is a breakdown of how they work, so you can set your expectations.Image source: Getty Images.Stock splits are taking over headlines in 2022Large tech companies have been dominating stock-split news this year. Amazon pursued its first stock split since the dot-com boom, completing a 20-for-1 stock split on June 3. E-commerce giant Shopify completed a 10-for-1 split of its common stock on June 28. Then, the parent company of Google, Alphabet, wrapped up a 20-for-1 stock split on July 15.Now, Tesla is back in the spotlight after completing a 5-for-1 stock split in 2020. The electric vehicle maker hinted at a stock split earlier this year, and now the big day is taking place this month. If you haven't been following Tesla this year, here's a look at the company's stock-split timeline.March 28, 2022: Tesla informed the SEC about its stock-split intentions via Form 8-K.June 6, 2022: If you were a shareholder as of close of business on this date, you received an invitation to Tesla's annual shareholders meeting.June 10, 2022: Tesla filed another form with the SEC, announcing a proposed 3-for-1 stock split.Aug. 4, 2022: Shareholders voted in favor of the 3-for-1 stock split at the 2022 Annual Meeting of Shareholders.Aug. 17, 2022: Stockholders of record on this date will receive two new shares for every one share they own.Aug. 24, 2022: The stock split will take place after the close of trading on this date.Aug. 25, 2022: Tesla shares will trade at a split-adjusted price on this date.As you can see, a stock split doesn't happen overnight. A company needs to file paperwork with the SEC to express its intentions, and then shareholders must give the company the green light to move forward with the stock split.What happens when a stock splits?A stock split may be popular, but that doesn't mean it's profitable. A stock split in itself won't make a company's market capitalization rise or change its intrinsic value. But it does increase the number of a company's outstanding shares. You'll notice more shares of a company stock in your account, but the overall value of your shares won't change. That's why a stock split is not a taxable event in itself. It doesn't leave you with more money in your pockets.Let's dive into Tesla's stock split. The company is doing a 3-for-1 split. That means investors will receive two extra shares of Tesla for every one share they own.If you own five shares of Tesla, you'll wake up to 15 shares of the company after the stock split. If you own 10 shares of Tesla, you'll have 30 shares later. If you own fractional shares, you'll still have a chance to participate in the stock split. You'll just have to do the math to see how your fractional shares will multiply after the stock split.You can think of a stock split like getting slices of pizza. If you have a whole pizza, you can slice it into three equal parts like a 3-for-1 stock split. The amount of pizza you have is still the same. When you slice it, you break it up into bite-sized pieces so it's easier to consume.A stock split makes it easier for investors to buy whole shares of a company stock by lowering the price tag. If shares of Tesla stock are $900 before the stock split, the shares will drop to $300 after the 3-for-1 stock split.Is a stock split a positive sign for a company?A stock split helps make a stock with a high price tag more affordable to retail investors. But that's not a big deal in this era since many investors can get their hands on stocks by purchasing fractional shares. However, there are some investors who like the idea of grabbing a whole share of Tesla without breaking the bank. Stock splits open the doors for more investors to accumulate whole shares of a company stock in their portfolio.Although stock splits sound fancy, they are more of a cosmetic change. It doesn't determine the long-term potential of a company. Don't fall into the trap of believing that stock splits automatically lead to profitability. Do your research before you invest in any stock -- even if the company has a stock split coming up. Review the fundamentals, evaluate management's leadership style, and do a competitor analysis to see if a company deserves a spot in your portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998997315,"gmtCreate":1660915497139,"gmtModify":1676536422634,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090234997856730","idStr":"4090234997856730"},"themes":[],"htmlText":"P","listText":"P","text":"P","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998997315","repostId":"2260636851","repostType":4,"repost":{"id":"2260636851","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":1660854213,"share":"https://ttm.financial/m/news/2260636851?lang=&edition=fundamental","pubTime":"2022-08-19 04:23","market":"us","language":"en","title":"US STOCKS-Wall St Ends Higher, Cisco Systems Jumps After Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2260636851","media":"Reuters","summary":"(Reuters) - U.S. stocks ended higher Thursday as an upbeat sales forecast from Cisco Systems helped ","content":"<html><head></head><body><p>(Reuters) - U.S. stocks ended higher Thursday as an upbeat sales forecast from <a href=\"https://laohu8.com/S/CSCO\">Cisco Systems</a> helped to lift the technology sector, while data showed the economy remained relatively strong.</p><p>Investors were still assessing Wednesday&#39;s minutes from the Federal Reserve&#39;s July meeting, which they initially saw as supporting a less aggressive stance by the central bank.</p><p>But the minutes did not clearly hint at the pace of rate increases and showed policymakers committed to raising rates to tame inflation.</p><p>&#34;We&#39;re at a point where people are trying to make a judgment about whether the inevitable higher interest rates are going to choke off the upside of the market,&#34; said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.</p><p>&#34;There are really two camps - one who feels the worst is behind us and continue to buy these selloffs, and the camp that feels the worst is ahead of us and like this is some kind of bear market rally that will retreat.&#34;</p><p>Traders expect a greater chance of a 50 basis point rise in borrowing costs in September instead of a 75 basis point increase for a third time.</p><p>Meanwhile, Cisco&#39;s stock gained 5.8% and was among the biggest positives on the three major indexes, after it provided an upbeat forecast for first-quarter sales late on Wednesday as a COVID-19 recovery in China eased supply chain shortages.</p><p>The Dow Jones Industrial Average rose 18.72 points, or 0.06%, to 33,999.04, the S&amp;P 500 gained 9.7 points, or 0.23%, to 4,283.74 and the Nasdaq Composite added 27.22 points, or 0.21%, to 12,965.34.</p><p>Volume on U.S. exchanges was last at 9.43 billion shares, which would be the lowest for the year so far.</p><p>Supporting the view that the Fed may need to be more hawkish, data Thursday showed solid momentum on the U.S. economic front.</p><p>The Philadelphia Federal Reserve&#39;s monthly manufacturing index rose to 6.2 this month from negative 12.3 in July, topping all 30 estimates in a poll of Reuters economists.</p><p>Also, a string of U.S. central bank officials said on Thursday the Fed needs to keep raising borrowing costs to bring high inflation under control, although they debated how fast and how high to lift them.</p><p>The Fed has lifted its benchmark interest rate by 225 basis points so far this year.</p><p>Focus now could turn to the Fed&#39;s annual Jackson Hole symposium late next week.</p><p>Other gainers in high-growth stocks included Nvidia , which rose 2.4%.</p><p>Among the day&#39;s decliners, shares of Kohl&#39;s Corp slid 7.7% after the retailer cut its full-year sales and profit forecasts. Target Corp fell 1.3%, adding to losses from Wednesday when it reported a bigger-than-expected 90% fall in quarterly earnings.</p><p>After a brutal start of the year, stocks have jumped since mid-June, partly because of upbeat earnings.</p><p>With the recent big move and second-quarter earnings nearly done, the market may be &#34;at a little bit of an equilibirum,&#34; Meckler said.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.36-to-1 ratio; on Nasdaq, a 1.18-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 5 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 62 new highs and 63 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Ends Higher, Cisco Systems Jumps After Forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Ends Higher, Cisco Systems Jumps After Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-19 04:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - U.S. stocks ended higher Thursday as an upbeat sales forecast from <a href=\"https://laohu8.com/S/CSCO\">Cisco Systems</a> helped to lift the technology sector, while data showed the economy remained relatively strong.</p><p>Investors were still assessing Wednesday&#39;s minutes from the Federal Reserve&#39;s July meeting, which they initially saw as supporting a less aggressive stance by the central bank.</p><p>But the minutes did not clearly hint at the pace of rate increases and showed policymakers committed to raising rates to tame inflation.</p><p>&#34;We&#39;re at a point where people are trying to make a judgment about whether the inevitable higher interest rates are going to choke off the upside of the market,&#34; said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.</p><p>&#34;There are really two camps - one who feels the worst is behind us and continue to buy these selloffs, and the camp that feels the worst is ahead of us and like this is some kind of bear market rally that will retreat.&#34;</p><p>Traders expect a greater chance of a 50 basis point rise in borrowing costs in September instead of a 75 basis point increase for a third time.</p><p>Meanwhile, Cisco&#39;s stock gained 5.8% and was among the biggest positives on the three major indexes, after it provided an upbeat forecast for first-quarter sales late on Wednesday as a COVID-19 recovery in China eased supply chain shortages.</p><p>The Dow Jones Industrial Average rose 18.72 points, or 0.06%, to 33,999.04, the S&amp;P 500 gained 9.7 points, or 0.23%, to 4,283.74 and the Nasdaq Composite added 27.22 points, or 0.21%, to 12,965.34.</p><p>Volume on U.S. exchanges was last at 9.43 billion shares, which would be the lowest for the year so far.</p><p>Supporting the view that the Fed may need to be more hawkish, data Thursday showed solid momentum on the U.S. economic front.</p><p>The Philadelphia Federal Reserve&#39;s monthly manufacturing index rose to 6.2 this month from negative 12.3 in July, topping all 30 estimates in a poll of Reuters economists.</p><p>Also, a string of U.S. central bank officials said on Thursday the Fed needs to keep raising borrowing costs to bring high inflation under control, although they debated how fast and how high to lift them.</p><p>The Fed has lifted its benchmark interest rate by 225 basis points so far this year.</p><p>Focus now could turn to the Fed&#39;s annual Jackson Hole symposium late next week.</p><p>Other gainers in high-growth stocks included Nvidia , which rose 2.4%.</p><p>Among the day&#39;s decliners, shares of Kohl&#39;s Corp slid 7.7% after the retailer cut its full-year sales and profit forecasts. Target Corp fell 1.3%, adding to losses from Wednesday when it reported a bigger-than-expected 90% fall in quarterly earnings.</p><p>After a brutal start of the year, stocks have jumped since mid-June, partly because of upbeat earnings.</p><p>With the recent big move and second-quarter earnings nearly done, the market may be &#34;at a little bit of an equilibirum,&#34; Meckler said.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.36-to-1 ratio; on Nasdaq, a 1.18-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 5 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 62 new highs and 63 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260636851","content_text":"(Reuters) - U.S. stocks ended higher Thursday as an upbeat sales forecast from Cisco Systems helped to lift the technology sector, while data showed the economy remained relatively strong.Investors were still assessing Wednesday's minutes from the Federal Reserve's July meeting, which they initially saw as supporting a less aggressive stance by the central bank.But the minutes did not clearly hint at the pace of rate increases and showed policymakers committed to raising rates to tame inflation.\"We're at a point where people are trying to make a judgment about whether the inevitable higher interest rates are going to choke off the upside of the market,\" said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.\"There are really two camps - one who feels the worst is behind us and continue to buy these selloffs, and the camp that feels the worst is ahead of us and like this is some kind of bear market rally that will retreat.\"Traders expect a greater chance of a 50 basis point rise in borrowing costs in September instead of a 75 basis point increase for a third time.Meanwhile, Cisco's stock gained 5.8% and was among the biggest positives on the three major indexes, after it provided an upbeat forecast for first-quarter sales late on Wednesday as a COVID-19 recovery in China eased supply chain shortages.The Dow Jones Industrial Average rose 18.72 points, or 0.06%, to 33,999.04, the S&P 500 gained 9.7 points, or 0.23%, to 4,283.74 and the Nasdaq Composite added 27.22 points, or 0.21%, to 12,965.34.Volume on U.S. exchanges was last at 9.43 billion shares, which would be the lowest for the year so far.Supporting the view that the Fed may need to be more hawkish, data Thursday showed solid momentum on the U.S. economic front.The Philadelphia Federal Reserve's monthly manufacturing index rose to 6.2 this month from negative 12.3 in July, topping all 30 estimates in a poll of Reuters economists.Also, a string of U.S. central bank officials said on Thursday the Fed needs to keep raising borrowing costs to bring high inflation under control, although they debated how fast and how high to lift them.The Fed has lifted its benchmark interest rate by 225 basis points so far this year.Focus now could turn to the Fed's annual Jackson Hole symposium late next week.Other gainers in high-growth stocks included Nvidia , which rose 2.4%.Among the day's decliners, shares of Kohl's Corp slid 7.7% after the retailer cut its full-year sales and profit forecasts. Target Corp fell 1.3%, adding to losses from Wednesday when it reported a bigger-than-expected 90% fall in quarterly earnings.After a brutal start of the year, stocks have jumped since mid-June, partly because of upbeat earnings.With the recent big move and second-quarter earnings nearly done, the market may be \"at a little bit of an equilibirum,\" Meckler said.Advancing issues outnumbered declining ones on the NYSE by a 1.36-to-1 ratio; on Nasdaq, a 1.18-to-1 ratio favored advancers.The S&P 500 posted 5 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 62 new highs and 63 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999412070,"gmtCreate":1660570662307,"gmtModify":1676535211721,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090234997856730","idStr":"4090234997856730"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999412070","repostId":"1196145268","repostType":4,"repost":{"id":"1196145268","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":1660570369,"share":"https://ttm.financial/m/news/1196145268?lang=&edition=fundamental","pubTime":"2022-08-15 21:32","market":"us","language":"en","title":"Stocks Slump after Four Consecutive Weeks of S&P 500 Gains","url":"https://stock-news.laohu8.com/highlight/detail?id=1196145268","media":"Tiger Newspress","summary":"U.S. equities were lower Monday, putting Wall Street on track to take a breather after another posit","content":"<html><head></head><body><p>U.S. equities were lower Monday, putting Wall Street on track to take a breather after another positive week, as traders braced for big retail earnings.</p><p>Futures tied to the Dow Jones Industrial Average fell 199 points, or 0.59%. S&amp;P 500 futures and Nasdaq 100 futures dipped 0.6% and 0.38%, respectively.</p><p>Monday’s moves come after disappointing economic data out of China overnight. The country’s central bank also cut rates unexpectedly, raising concern over China’s economic recovery.</p><p>“The clouds of recession are gathering globally. The Chinese economy contracted in 2Q. The US notched a “technical recession.” The flow of natural gas to Western Europe is restricted. In the past three months, we have revised down our forecast for global growth to 2.5%Y in 2022, which is about 50bp below consensus and 40bp lower than in May. We are edging closer to the bear scenario from our May Mid-year Outlook,” wrote Morgan Stanley’s Seth Carpenter in a note to clients Sunday.</p><p>Last week the S&amp;P 500 advanced 3.25% to notch its fourth positive week in a row and its longest winning streak since 2021. The Nasdaq Composite ended the week 3.08% higher, also for its fourth straight week. The Dow added 2.9%.</p><p>The gains came after economic data showed inflation pressures could be easing a bit. The consumer price index was flat from June to July, the producer price index showed a surprise decline and import prices fell more than expected.</p><p>That helped relax investors that have been eager to call the mid-June lows the bottom of the cycle. Just as many have been quick to call out that the data from one month doesn’t necessarily make it a reliable trend.</p><p>Investors are looking ahead to a week of earnings from big retailers including Home Depot, Walmart and Target, and listening for clues on how their businesses have been affected by inflation and other macro challenges in the most recent quarter.</p><p>Retail sales data is also scheduled to be released this week.</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>Stocks Slump after Four Consecutive Weeks of S&P 500 Gains</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\">\nStocks Slump after Four Consecutive Weeks of S&P 500 Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-15 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. equities were lower Monday, putting Wall Street on track to take a breather after another positive week, as traders braced for big retail earnings.</p><p>Futures tied to the Dow Jones Industrial Average fell 199 points, or 0.59%. S&amp;P 500 futures and Nasdaq 100 futures dipped 0.6% and 0.38%, respectively.</p><p>Monday’s moves come after disappointing economic data out of China overnight. The country’s central bank also cut rates unexpectedly, raising concern over China’s economic recovery.</p><p>“The clouds of recession are gathering globally. The Chinese economy contracted in 2Q. The US notched a “technical recession.” The flow of natural gas to Western Europe is restricted. In the past three months, we have revised down our forecast for global growth to 2.5%Y in 2022, which is about 50bp below consensus and 40bp lower than in May. We are edging closer to the bear scenario from our May Mid-year Outlook,” wrote Morgan Stanley’s Seth Carpenter in a note to clients Sunday.</p><p>Last week the S&amp;P 500 advanced 3.25% to notch its fourth positive week in a row and its longest winning streak since 2021. The Nasdaq Composite ended the week 3.08% higher, also for its fourth straight week. The Dow added 2.9%.</p><p>The gains came after economic data showed inflation pressures could be easing a bit. The consumer price index was flat from June to July, the producer price index showed a surprise decline and import prices fell more than expected.</p><p>That helped relax investors that have been eager to call the mid-June lows the bottom of the cycle. Just as many have been quick to call out that the data from one month doesn’t necessarily make it a reliable trend.</p><p>Investors are looking ahead to a week of earnings from big retailers including Home Depot, Walmart and Target, and listening for clues on how their businesses have been affected by inflation and other macro challenges in the most recent quarter.</p><p>Retail sales data is also scheduled to be released this week.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196145268","content_text":"U.S. equities were lower Monday, putting Wall Street on track to take a breather after another positive week, as traders braced for big retail earnings.Futures tied to the Dow Jones Industrial Average fell 199 points, or 0.59%. S&P 500 futures and Nasdaq 100 futures dipped 0.6% and 0.38%, respectively.Monday’s moves come after disappointing economic data out of China overnight. The country’s central bank also cut rates unexpectedly, raising concern over China’s economic recovery.“The clouds of recession are gathering globally. The Chinese economy contracted in 2Q. The US notched a “technical recession.” The flow of natural gas to Western Europe is restricted. In the past three months, we have revised down our forecast for global growth to 2.5%Y in 2022, which is about 50bp below consensus and 40bp lower than in May. We are edging closer to the bear scenario from our May Mid-year Outlook,” wrote Morgan Stanley’s Seth Carpenter in a note to clients Sunday.Last week the S&P 500 advanced 3.25% to notch its fourth positive week in a row and its longest winning streak since 2021. The Nasdaq Composite ended the week 3.08% higher, also for its fourth straight week. The Dow added 2.9%.The gains came after economic data showed inflation pressures could be easing a bit. The consumer price index was flat from June to July, the producer price index showed a surprise decline and import prices fell more than expected.That helped relax investors that have been eager to call the mid-June lows the bottom of the cycle. Just as many have been quick to call out that the data from one month doesn’t necessarily make it a reliable trend.Investors are looking ahead to a week of earnings from big retailers including Home Depot, Walmart and Target, and listening for clues on how their businesses have been affected by inflation and other macro challenges in the most recent quarter.Retail sales data is also scheduled to be released this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990602025,"gmtCreate":1660347060770,"gmtModify":1676533453401,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4090234997856730","idStr":"4090234997856730"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990602025","repostId":"2258861097","repostType":4,"repost":{"id":"2258861097","pubTimestamp":1660318203,"share":"https://ttm.financial/m/news/2258861097?lang=&edition=fundamental","pubTime":"2022-08-12 23:30","market":"us","language":"en","title":"4 Index Funds to Retire a Millionaire Without Lifting a Finger","url":"https://stock-news.laohu8.com/highlight/detail?id=2258861097","media":"Motley Fool","summary":"For many of us, becoming a millionaire is surprisingly possible.","content":"<html><head></head><body><p>So you&#39;d like to retire a millionaire. Who wouldn&#39;t? (Well, maybe billionaires.) In many ways, it all boils down to math: Invest a particular sum (ideally regularly), earn a particular return, and in a particular number of years, you&#39;ll get there.</p><p>A single lottery ticket <i>might</i> work, but really, whether you buy a ticket or not, your odds of winning a big jackpot are nearly the same. Instead, consider a much more reliable -- and <i>easy -- </i>strategy: investing in stocks over many years. Here&#39;s how to do that through index funds.</p><h2>Here&#39;s the math for becoming a millionaire</h2><p>The table below shows how you can build wealth over different multiyear periods with regular investments of various sizes. Clearly, achieving millionaire status is possible, but you&#39;ll need to be diligent to get there. And if you don&#39;t have lots of decades ahead of you, you&#39;ll want to be investing a <i>lot </i>each year.</p><table><thead><tr><th><p>Growing at 8% for...</p></th><th><p>$10,000 Invested Annually</p></th><th><p>$15,000 Invested Annually</p></th><th><p>$20,000 Invested Annually</p></th></tr></thead><tbody><tr><td width=\"145\"><p>5 years</p></td><td width=\"142\"><p>$63,359</p></td><td width=\"138\"><p>$95,039</p></td><td width=\"132\"><p>$126,718</p></td></tr><tr><td width=\"145\"><p>10 years</p></td><td width=\"142\"><p>$156,455</p></td><td width=\"138\"><p>$234,682</p></td><td width=\"132\"><p>$312,910</p></td></tr><tr><td width=\"145\"><p>15 years</p></td><td width=\"142\"><p>$293,243</p></td><td width=\"138\"><p>$439,864</p></td><td width=\"132\"><p>$586,486</p></td></tr><tr><td width=\"145\"><p>20 years</p></td><td width=\"142\"><p>$494,229</p></td><td width=\"138\"><p>$741,344</p></td><td width=\"132\"><p>$988,458</p></td></tr><tr><td width=\"145\"><p>25 years</p></td><td width=\"142\"><p>$789,544</p></td><td width=\"138\"><p>$1,184,316</p></td><td width=\"132\"><p>$1,579,088</p></td></tr><tr><td width=\"145\"><p>30 years</p></td><td width=\"142\"><p>$1,223,459</p></td><td width=\"138\"><p>$1,835,188</p></td><td width=\"132\"><p>$2,446,917</p></td></tr></tbody></table><p>Data source: Calculations by author.</p><p>That 8% annual average growth rate isn&#39;t guaranteed, either. The stock market&#39;s average annual return over long periods is close to 10%, but it will likely be at least a little higher or lower over <i>your</i> particular investing time frame, and may be a lot higher or lower.</p><p>Here are four index funds that may deliver average annual gains of 8% to 10%, on average, over your investing time frame.</p><h2>Four promising index funds</h2><h3>SPDR S&amp;P 500 ETF</h3><p>As a reminder, an index fund is a mutual fund or exchange-traded fund (ETF) that aims to deliver approximately the same returns as a particular index by holding the same securities in the same proportions. Index funds are great for most of us, with the best index funds offering solid performance, low fees, and simplicity. Buy the shares and then trust in the long-term growth of the economy.</p><p>The <b>SPDR S&amp;P 500 ETF</b> tracks the <b>S&amp;P 500</b> index of 500 of America&#39;s biggest companies, such as <b>CVS Health</b>, <b>Amazon.com</b>, <b>Johnson &amp; Johnson</b>, and <b>Pfizer</b>. There are thousands of publicly traded companies in America, but these 500 together make up around 80% of the entire market.</p><p>Lots of financial services companies offer S&amp;P 500 index funds, and there&#39;s a good chance that your company&#39;s 401(k) plan offers one, too. Any such fund, as long as it&#39;s a low-fee index fund, will be a solid candidate for your portfolio.</p><p>Over the past 10 and 15 years, the SPDR S&amp;P 500 ETF has averaged annual gains of 13.6% and 9.4%, respectively.</p><h3>Vanguard Total Stock Market ETF</h3><p>If you&#39;d rather spread your dollars (or some of your dollars) across an index that represents roughly 100% of the total U.S. market instead of just 80%, look at a &#34;total stock market&#34; index fund, like the <b>Vanguard Total Stock Market ETF</b>. It contains more than 4,000 different stocks, including lots of smaller- and small-cap companies, such as <b>BJ&#39;s Wholesale Club</b> and <b>Texas Roadhouse</b>.</p><p>Over the past 10 and 15 years, the Vanguard Total Stock Market ETF has averaged annual gains of 13.4% and 9.5%, respectively.</p><h3><a href=\"https://laohu8.com/S/VT\">Vanguard Total World Stock ETF</a></h3><p>You can do very well over the long run just by sticking with an S&amp;P 500 index fund or a total stock market fund, but for those interested, you can spread your dollars even wider by opting for a &#34;total world stock market&#34; fund. Consider the <b>Vanguard Total World Stock ETF</b>. It encompasses more than <i>9,000</i> stocks from countries around the world. Examples include <b>Taiwan Semiconductor</b>, <b>Toyota Motor</b>, <b>Royal</b> <b>Bank of Canada</b>, and of course, all those companies in the previous two index funds.</p><p>Over the past 10 years, the Vanguard Total World Stock ETF has averaged annual gains of 9.6%. It doesn&#39;t yet have a 15-year average.</p><h3>Invesco QQQ ETF</h3><p>Finally, if you&#39;d like to aim for a higher growth rate than those offered by index funds targeting much of the United States or world market, consider the <b>Invesco QQQ ETF</b>. The focus of the Invesco QQQ ETF is much narrower, as it tracks the <b>Nasdaq-100 Index</b> of the 100 largest non-financial companies listed on the Nasdaq stock exchange, based on market cap. These are mostly well-known growth stocks. Here are the recent top holdings:</p><ul><li><b>Apple</b></li><li><b>Microsoft</b></li><li>Amazon.com</li><li><b>Tesla</b></li><li><b>Alphabet</b></li><li><b><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></b></li><li><b>Nvidia</b></li><li><b>PepsiCo</b></li><li><b>Costco</b></li></ul><p>Other components include <b>Starbucks</b>, <b>Airbnb</b>, and <b>Intuitive Surgical</b>. Over the past 10 and 15 years, the Invesco QQQ ETF has averaged annual gains of 18.4% and 14.6%, respectively.</p><p>With the overall market slumping significantly in recent months, and many growth stocks being hit especially hard, this is a great time to invest in one or more index funds, as prices are low. Give these ETFs some thought and start investing in earnest if you&#39;re aiming to be a millionaire.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Index Funds to Retire a Millionaire Without Lifting a Finger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Index Funds to Retire a Millionaire Without Lifting a Finger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-12 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/11/4-index-funds-to-retire-a-millionaire/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>So you'd like to retire a millionaire. Who wouldn't? (Well, maybe billionaires.) In many ways, it all boils down to math: Invest a particular sum (ideally regularly), earn a particular return, and in ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/11/4-index-funds-to-retire-a-millionaire/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VTI":"大盘指数ETF-Vanguard MSCI","VT":"世界全股市ETF-Vanguard","SPY":"标普500ETF","QQQ":"纳指100ETF"},"source_url":"https://www.fool.com/investing/2022/08/11/4-index-funds-to-retire-a-millionaire/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258861097","content_text":"So you'd like to retire a millionaire. Who wouldn't? (Well, maybe billionaires.) In many ways, it all boils down to math: Invest a particular sum (ideally regularly), earn a particular return, and in a particular number of years, you'll get there.A single lottery ticket might work, but really, whether you buy a ticket or not, your odds of winning a big jackpot are nearly the same. Instead, consider a much more reliable -- and easy -- strategy: investing in stocks over many years. Here's how to do that through index funds.Here's the math for becoming a millionaireThe table below shows how you can build wealth over different multiyear periods with regular investments of various sizes. Clearly, achieving millionaire status is possible, but you'll need to be diligent to get there. And if you don't have lots of decades ahead of you, you'll want to be investing a lot each year.Growing at 8% for...$10,000 Invested Annually$15,000 Invested Annually$20,000 Invested Annually5 years$63,359$95,039$126,71810 years$156,455$234,682$312,91015 years$293,243$439,864$586,48620 years$494,229$741,344$988,45825 years$789,544$1,184,316$1,579,08830 years$1,223,459$1,835,188$2,446,917Data source: Calculations by author.That 8% annual average growth rate isn't guaranteed, either. The stock market's average annual return over long periods is close to 10%, but it will likely be at least a little higher or lower over your particular investing time frame, and may be a lot higher or lower.Here are four index funds that may deliver average annual gains of 8% to 10%, on average, over your investing time frame.Four promising index fundsSPDR S&P 500 ETFAs a reminder, an index fund is a mutual fund or exchange-traded fund (ETF) that aims to deliver approximately the same returns as a particular index by holding the same securities in the same proportions. Index funds are great for most of us, with the best index funds offering solid performance, low fees, and simplicity. Buy the shares and then trust in the long-term growth of the economy.The SPDR S&P 500 ETF tracks the S&P 500 index of 500 of America's biggest companies, such as CVS Health, Amazon.com, Johnson & Johnson, and Pfizer. There are thousands of publicly traded companies in America, but these 500 together make up around 80% of the entire market.Lots of financial services companies offer S&P 500 index funds, and there's a good chance that your company's 401(k) plan offers one, too. Any such fund, as long as it's a low-fee index fund, will be a solid candidate for your portfolio.Over the past 10 and 15 years, the SPDR S&P 500 ETF has averaged annual gains of 13.6% and 9.4%, respectively.Vanguard Total Stock Market ETFIf you'd rather spread your dollars (or some of your dollars) across an index that represents roughly 100% of the total U.S. market instead of just 80%, look at a \"total stock market\" index fund, like the Vanguard Total Stock Market ETF. It contains more than 4,000 different stocks, including lots of smaller- and small-cap companies, such as BJ's Wholesale Club and Texas Roadhouse.Over the past 10 and 15 years, the Vanguard Total Stock Market ETF has averaged annual gains of 13.4% and 9.5%, respectively.Vanguard Total World Stock ETFYou can do very well over the long run just by sticking with an S&P 500 index fund or a total stock market fund, but for those interested, you can spread your dollars even wider by opting for a \"total world stock market\" fund. Consider the Vanguard Total World Stock ETF. It encompasses more than 9,000 stocks from countries around the world. Examples include Taiwan Semiconductor, Toyota Motor, Royal Bank of Canada, and of course, all those companies in the previous two index funds.Over the past 10 years, the Vanguard Total World Stock ETF has averaged annual gains of 9.6%. It doesn't yet have a 15-year average.Invesco QQQ ETFFinally, if you'd like to aim for a higher growth rate than those offered by index funds targeting much of the United States or world market, consider the Invesco QQQ ETF. The focus of the Invesco QQQ ETF is much narrower, as it tracks the Nasdaq-100 Index of the 100 largest non-financial companies listed on the Nasdaq stock exchange, based on market cap. These are mostly well-known growth stocks. Here are the recent top holdings:AppleMicrosoftAmazon.comTeslaAlphabetMeta PlatformsNvidiaPepsiCoCostcoOther components include Starbucks, Airbnb, and Intuitive Surgical. Over the past 10 and 15 years, the Invesco QQQ ETF has averaged annual gains of 18.4% and 14.6%, respectively.With the overall market slumping significantly in recent months, and many growth stocks being hit especially hard, this is a great time to invest in one or more index funds, as prices are low. Give these ETFs some thought and start investing in earnest if you're aiming to be a millionaire.","news_type":1},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9992400486,"gmtCreate":1661348957747,"gmtModify":1676536501026,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992400486","repostId":"1162343527","repostType":4,"repost":{"id":"1162343527","pubTimestamp":1661354227,"share":"https://ttm.financial/m/news/1162343527?lang=&edition=fundamental","pubTime":"2022-08-24 23:17","market":"us","language":"en","title":"Elon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1162343527","media":"Bloomberg","summary":"In a country where economic inequality has inspiredParasiteandSquid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: Lucia P","content":"<html><head></head><body><p>In a country where economic inequality has inspired <i>Parasite</i> and <i>Squid Game</i>, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c628a928019451a317d0571a52e0552b\" tg-width=\"2210\" tg-height=\"1964\" referrerpolicy=\"no-referrer\"/><span>llustration: Lucia Pham for Bloomberg Businessweek</span></p><p>Park Sunghyun and her husband sold their home in Seoul, moved into a rental apartment with their 7-year-old son, and plowed the family’s $230,000 of savings into shares of <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc.</a></p><p>They’re not alone in betting everything on Elon Musk’s electric-car maker. Throughout the pandemic, individual South Koreans thronged into Tesla stock, increasing their combined holdings more than a hundredfold, to exceed $15 billion. It makes them key stakeholders in one of the largest companies in the world by market value, with a collective share as big as those of Larry Ellison or US money manager T. Rowe Price Group Inc. They tend to be dip buyers who jump in when the stock retreats, helping curb declines.</p><p>But there’s an unhappy undercurrent to such enthusiasm: As South Korea’s wealth gap widens, many of these investors see risky bets on stocks and cryptocurrencies as their only realistic path to financial independence. Tesla is a favorite of retail traders worldwide, but Musk has generated a following in the country with something that approaches cultlike fervor among struggling wage earners. They call themselves Teslams, blending the words “Tesla” and “Islam” to show the strength of their faith in the company. Some sign off on tweets with the word “Temen,” their play on “Tesla” and “amen.”</p><p>Park and her husband—university graduates who landed jobs in the finance sector before marrying and starting a family—hadn’t planned on risking everything on Tesla. Then the already hot property market reached a boiling point when the central bank cut interest rates to a record low after the coronavirus outbreak began in 2020.</p><p><img src=\"https://static.tigerbbs.com/332ec723ed0145f8110751875c90853a\" tg-width=\"694\" tg-height=\"535\" referrerpolicy=\"no-referrer\"/></p><p>The couple had sold their home in late 2019, hoping to buy a bigger one, but were left stranded as prices accelerated beyond their borrowing capacity. The same story has played out in many countries recently, but it’s emblematic of South Korea, where the cost of apartments in the greater Seoul metropolitan area doubled over the past five years, outpacing pay increases by more than 80 percentage points. A typical three-bedroom apartment—the most popular size—costs 1.24 billion won ($924,235) in Seoul on average, according to Kookmin Bank.</p><p>“I thought I would live well by working at a good company after college, but the reality is that we are the poorest in our neighborhood,” says Park, 40, echoing the kind of frustration that helped inspire Netflix Inc.’s Korean drama Squid Game. “Living as a salaried worker, there are so many limitations.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0361d48b4cabfdf6df8321fc7520b2da\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>A driver charges his Tesla Model 3 at a charger station in Suwon.Photographer: SeongJoon Cho/Bloomberg</span></p><p>Red flags abound. There’s Musk’s high-profile disputes with regulators; his on-again, off-again bid for Twitter Inc.; and the volatility it’s caused in Tesla’s share price. But investors such as Park find excitement in the drama. Although Tesla shares have dropped more than 25% from their 2021 high, they’re still up 1,900% over the past three years. That compares with an increase of about 40% for Samsung Electronics Co.—the most widely held stock in the country—and even less for Korea’s Kospi index.</p><p>“With this man, I thought we could go all-in,” says Park, who bought at an average price of $668 a share, well below the close of $870 on Aug. 22. She and her husband see Musk as a visionary who will succeed in continuing to effect change in the auto industry. “He’s doing things that nobody was thinking of before,” she says.</p><p>Individual Koreans held about 1.6% of the company’s equity as of Aug. 17, according to calculations by Bloomberg News based on data from Korea’s central securities depository. That’s more than their combined investments in Alphabet, Apple, Microsoft, and Nvidia, the data show. There are no official figures on the total holdings of US retail traders in Tesla, which is assumed to be larger given the bigger pool of investors in its home market. Giacomo Pierantoni, head of data at Singapore-based Vanda Research, estimates that individuals globally, excluding Musk and Ellison, own about 15% of the company.</p><p>The allure of Tesla is even stronger among people in their 20s and 30s who have fewer assets to start with than couples such as Park and her husband. Younger Koreans see little opportunity to follow their parents into the property market and are increasingly worried about repeating the financial struggles of their grandparents. Despite their lifetime of slogging that transformed the economy into an export powerhouse, elderly Koreans’ poverty rate is the highest among the 38 member countries of the Organization for Economic Cooperation and Development.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00e52e1a3202d8b6f8bc6bfcfff8d397\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>A Tesla store in Seoul.Photographer: SeongJoon Cho/Bloomberg</span></p><p>“I fell into a panic that I might never be able to buy a house,” says Son Gilhun, a 27-year-old forklift driver who lives in Hanam on the southeast outskirts of the capital. “Instead of giving up, I decided to follow my older colleagues in buying stocks.” He gambled heavily on Tesla and amassed a stock portfolio worth about $100,000 during the pandemic by adopting a frugal lifestyle and channeling half his $2,000 monthly paycheck into equities. Son trimmed his Korean holdings and boosted his stake in the carmaker in June when the shares fell below $700. His immediate goal is to buy a Tesla and, if he can make enough money, eventually a house.</p><p>Musk’s recent sale of about 7.92 million shares—to accumulate cash before a trial that could force him to follow through on an agreement to acquire Twitter—has drawn mixed responses from the Teslams. Some vented their disappointment on social media. Others hoped for another dip-buying opportunity, which didn’t materialize. Son was sanguine, describing it as “not so desirable” but understandable given the situation with Twitter. Park was angry at first but is keeping faith with her choice. “Teslams like myself are not changing our investment,” she says. “We are staying firm.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake</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\">\nElon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 23:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a country where economic inequality has inspired Parasite and Squid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea\">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.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162343527","content_text":"In a country where economic inequality has inspired Parasite and Squid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: Lucia Pham for Bloomberg BusinessweekPark Sunghyun and her husband sold their home in Seoul, moved into a rental apartment with their 7-year-old son, and plowed the family’s $230,000 of savings into shares of Tesla Inc.They’re not alone in betting everything on Elon Musk’s electric-car maker. Throughout the pandemic, individual South Koreans thronged into Tesla stock, increasing their combined holdings more than a hundredfold, to exceed $15 billion. It makes them key stakeholders in one of the largest companies in the world by market value, with a collective share as big as those of Larry Ellison or US money manager T. Rowe Price Group Inc. They tend to be dip buyers who jump in when the stock retreats, helping curb declines.But there’s an unhappy undercurrent to such enthusiasm: As South Korea’s wealth gap widens, many of these investors see risky bets on stocks and cryptocurrencies as their only realistic path to financial independence. Tesla is a favorite of retail traders worldwide, but Musk has generated a following in the country with something that approaches cultlike fervor among struggling wage earners. They call themselves Teslams, blending the words “Tesla” and “Islam” to show the strength of their faith in the company. Some sign off on tweets with the word “Temen,” their play on “Tesla” and “amen.”Park and her husband—university graduates who landed jobs in the finance sector before marrying and starting a family—hadn’t planned on risking everything on Tesla. Then the already hot property market reached a boiling point when the central bank cut interest rates to a record low after the coronavirus outbreak began in 2020.The couple had sold their home in late 2019, hoping to buy a bigger one, but were left stranded as prices accelerated beyond their borrowing capacity. The same story has played out in many countries recently, but it’s emblematic of South Korea, where the cost of apartments in the greater Seoul metropolitan area doubled over the past five years, outpacing pay increases by more than 80 percentage points. A typical three-bedroom apartment—the most popular size—costs 1.24 billion won ($924,235) in Seoul on average, according to Kookmin Bank.“I thought I would live well by working at a good company after college, but the reality is that we are the poorest in our neighborhood,” says Park, 40, echoing the kind of frustration that helped inspire Netflix Inc.’s Korean drama Squid Game. “Living as a salaried worker, there are so many limitations.”A driver charges his Tesla Model 3 at a charger station in Suwon.Photographer: SeongJoon Cho/BloombergRed flags abound. There’s Musk’s high-profile disputes with regulators; his on-again, off-again bid for Twitter Inc.; and the volatility it’s caused in Tesla’s share price. But investors such as Park find excitement in the drama. Although Tesla shares have dropped more than 25% from their 2021 high, they’re still up 1,900% over the past three years. That compares with an increase of about 40% for Samsung Electronics Co.—the most widely held stock in the country—and even less for Korea’s Kospi index.“With this man, I thought we could go all-in,” says Park, who bought at an average price of $668 a share, well below the close of $870 on Aug. 22. She and her husband see Musk as a visionary who will succeed in continuing to effect change in the auto industry. “He’s doing things that nobody was thinking of before,” she says.Individual Koreans held about 1.6% of the company’s equity as of Aug. 17, according to calculations by Bloomberg News based on data from Korea’s central securities depository. That’s more than their combined investments in Alphabet, Apple, Microsoft, and Nvidia, the data show. There are no official figures on the total holdings of US retail traders in Tesla, which is assumed to be larger given the bigger pool of investors in its home market. Giacomo Pierantoni, head of data at Singapore-based Vanda Research, estimates that individuals globally, excluding Musk and Ellison, own about 15% of the company.The allure of Tesla is even stronger among people in their 20s and 30s who have fewer assets to start with than couples such as Park and her husband. Younger Koreans see little opportunity to follow their parents into the property market and are increasingly worried about repeating the financial struggles of their grandparents. Despite their lifetime of slogging that transformed the economy into an export powerhouse, elderly Koreans’ poverty rate is the highest among the 38 member countries of the Organization for Economic Cooperation and Development.A Tesla store in Seoul.Photographer: SeongJoon Cho/Bloomberg“I fell into a panic that I might never be able to buy a house,” says Son Gilhun, a 27-year-old forklift driver who lives in Hanam on the southeast outskirts of the capital. “Instead of giving up, I decided to follow my older colleagues in buying stocks.” He gambled heavily on Tesla and amassed a stock portfolio worth about $100,000 during the pandemic by adopting a frugal lifestyle and channeling half his $2,000 monthly paycheck into equities. Son trimmed his Korean holdings and boosted his stake in the carmaker in June when the shares fell below $700. His immediate goal is to buy a Tesla and, if he can make enough money, eventually a house.Musk’s recent sale of about 7.92 million shares—to accumulate cash before a trial that could force him to follow through on an agreement to acquire Twitter—has drawn mixed responses from the Teslams. Some vented their disappointment on social media. Others hoped for another dip-buying opportunity, which didn’t materialize. Son was sanguine, describing it as “not so desirable” but understandable given the situation with Twitter. Park was angry at first but is keeping faith with her choice. “Teslams like myself are not changing our investment,” she says. “We are staying firm.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995148620,"gmtCreate":1661434994462,"gmtModify":1676536517861,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995148620","repostId":"2262018006","repostType":4,"repost":{"id":"2262018006","pubTimestamp":1661419523,"share":"https://ttm.financial/m/news/2262018006?lang=&edition=fundamental","pubTime":"2022-08-25 17:25","market":"us","language":"en","title":"Is Tesla's Stock Split Good For Investors?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262018006","media":"Seeking Alpha","summary":"This will be the second time that Tesla splits its stock. Tesla previously did a 5-for-1 stock split on Aug. 31, 2020. Shares have risen over 100% since then.Is Tesla's Stock Split Good For Investors?This is probably the most important question for most investors and also the most difficult to answer.There'ssome evidencethat companies that split their stock outperform in aggregate in the short term, perhaps in part because splitting allows some stocks to be included in indexes like the Dow and i","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>I answer some of the most common questions from investors about stock splits.</li><li>Stock splits don&#39;t matter nearly as much as fundamentals, but they&#39;re certainly not bad for investors.</li><li>I also recap Tesla&#39;s recent Q2 earnings report.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea05668b1422a0e51297e199e4d62ddc\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>Ajax9/iStock Editorial via Getty Images</span></p><p><b>Thesis</b></p><p>After Q2 earnings, I updated my price target for Tesla (NASDAQ:TSLA) stock to $765 pre-split, which implies 14% downside from the current price. As I&#39;ve shared in past articles (1,2), the key assumption inmy model is that Tesla grows at a 25% CAGR over the next decade primarily due to growth in electric vehicle sales. While the upcoming Tesla stock split isn&#39;t material to my thesis, investors may have questions about how the split works, and I&#39;ll attempt to answer some of the common ones in this article.</p><p><b>Stock Split FAQs</b></p><p>I covered Tesla&#39;s stock split in my last article, but I&#39;ll recap a few of the key questions and answers about the split here. Those who read my previous article or are experienced with stock splits can skip to the next section.</p><p><b>How Do Stock Splits Impact Your Investment?</b></p><p>The total value of your investment isn&#39;t directly impacted by the stock split because a company&#39;s market cap is unchanged by stock splits. The decrease in price per share is offset by the increase in the number of shares you own.</p><p>For example, say Tesla is worth $900 before the split and you have one share. After the split, you&#39;ll have three shares, but each will be worth $300. Either way, you have $900. Of course, the value of Tesla stock may change as the market rises and falls from day to day, but that happens whether or not there&#39;s a split going on.</p><p>It&#39;s also worth noting that the price per share and price per options contract will be lower after the split, which will make non-fractional shares and options more accessible to small investors.</p><p><b>What Happens If You Buy Tesla Before The Split?</b></p><p>Buying Tesla stock before the split is not very different from buying it after the split or any other day. You&#39;d buy 3x fewer shares before the split as you would after the split in order to keep the total amount invested the same.</p><p><b>When Will Tesla Stock Split?</b></p><p>You will get two additional shares of Tesla stock for each share you already own on Wednesday, Aug. 24, after the market closes. Shares will trade at their post-split price starting on Thursday, Aug. 25.</p><p><b>How Many Times Has Tesla Stock Split?</b></p><p>This will be the second time that Tesla splits its stock. Tesla previously did a 5-for-1 stock split on Aug. 31, 2020. Shares have risen over 100% since then.</p><p><b>Is Tesla&#39;s Stock Split Good For Investors?</b></p><p>In other words, do stock splits impact performance? This is probably the most important question for most investors and also the most difficult to answer.</p><p>There&#39;s some evidence that companies that split their stock outperform in aggregate in the short term, perhaps in part because splitting allows some stocks to be included in indexes like the Dow and increases their accessibility to retail investors. However, looking at individual stocks, there are many cases where a stock declines around the time of its split. Thus, I wouldn&#39;t recommend betting on short-term price appreciation in a single stock because of its split.</p><p>However, splits certainly aren&#39;t bad news. They usually only happen after a stock has increased in value a lot, as Tesla stock has done over the past few years. Winners tend to keep winning, so betting on companies that already have done well can be a successful strategy.</p><p>Also, companies usually won&#39;t split their stock unless they believe that their share price will keep increasing. One reason is that there are minimum share price requirements to be listed on the NYSE and Nasdaq exchanges. That said, even at the post-split price of ~$300, Tesla is a long way from falling to the current $1 per share requirement.</p><p>Relative to more important considerations like earnings growth and valuation multiples, stock splits are essentially a neutral event for long-term investors. But in a vacuum, it&#39;s clear that stock splits are more positive than negative.</p><p><b>Q2 Earnings</b></p><p>Because the stock split doesn&#39;t impact Tesla&#39;s fundamentals, I won&#39;t adjust my target market cap for Tesla as a result of the split. However, I did update my price target for Tesla since my last article in June as a result of Tesla&#39;s Q2 earnings. I shared my updated $767 target with Tech Investing Edge members after Tesla reported.</p><p>I was disappointed by the earnings, mostly because I found slowing revenue growth more disappointing than a 27% EPS beat was impressive. After management constantly talked about Tesla&#39;s ability to maintain &gt;50% revenue growth over the coming quarters, growth fell to 42% in Q2. Considering that most Tesla models are heavily backordered, management correctly blamed the slowdown on production issues rather than a lack of demand. Even so, they admitted that 50% growth would be a more difficult target to attain going forward as they work to ramp up production.</p><p>I&#39;ve never believed Tesla&#39;s 50% growth target, and model them growing at a 25% CAGR over the coming decade. Nevertheless, I did expect them to stay above 50% for at least a few more quarters considering management&#39;s bullishness and my expectation for slower growth in the back half of the decade.</p><p>Despite the slowdown this quarter, I still think that my long-term 25% CAGR target is attainable, as even 42% growth is well above that level and management guided for a re-acceleration this quarter. Thus, despite being disappointed by the earnings, I raised my price target from $714 to $767 to account for Tesla&#39;s now-larger ttm revenue and EPS.</p><p><b>Conclusion</b></p><p>Stock splits tend to get a lot of media coverage, but for long-term investors they&#39;re not a big deal. Tesla has been able to split its stock multiple times because the company and Tesla stock have done very well, but that&#39;s not a guarantee of future performance.</p><p>If Tesla continues beating analysts&#39; expectations and growing quickly, then the company and its investors will likely continue to do well. However, production issues and competition could stop Tesla from reaching this goal, and the current valuation doesn&#39;t leave much room for error. Based on my own growth estimates and profitability model, I think that Tesla is slightly overvalued going into its stock split. Nevertheless, I view Tesla stock as a hold, since ~14% overvaluation isn&#39;t extreme.</p><p><i>This article was written by Kennan Mell. </i></p><p><i>This article is for reference only. You can take what is useful to you.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Tesla's Stock Split Good For Investors?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Tesla's Stock Split Good For Investors?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 17:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536846-tesla-stock-split-good-for-investors><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryI answer some of the most common questions from investors about stock splits.Stock splits don't matter nearly as much as fundamentals, but they're certainly not bad for investors.I also recap ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536846-tesla-stock-split-good-for-investors\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4536846-tesla-stock-split-good-for-investors","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262018006","content_text":"SummaryI answer some of the most common questions from investors about stock splits.Stock splits don't matter nearly as much as fundamentals, but they're certainly not bad for investors.I also recap Tesla's recent Q2 earnings report.Ajax9/iStock Editorial via Getty ImagesThesisAfter Q2 earnings, I updated my price target for Tesla (NASDAQ:TSLA) stock to $765 pre-split, which implies 14% downside from the current price. As I've shared in past articles (1,2), the key assumption inmy model is that Tesla grows at a 25% CAGR over the next decade primarily due to growth in electric vehicle sales. While the upcoming Tesla stock split isn't material to my thesis, investors may have questions about how the split works, and I'll attempt to answer some of the common ones in this article.Stock Split FAQsI covered Tesla's stock split in my last article, but I'll recap a few of the key questions and answers about the split here. Those who read my previous article or are experienced with stock splits can skip to the next section.How Do Stock Splits Impact Your Investment?The total value of your investment isn't directly impacted by the stock split because a company's market cap is unchanged by stock splits. The decrease in price per share is offset by the increase in the number of shares you own.For example, say Tesla is worth $900 before the split and you have one share. After the split, you'll have three shares, but each will be worth $300. Either way, you have $900. Of course, the value of Tesla stock may change as the market rises and falls from day to day, but that happens whether or not there's a split going on.It's also worth noting that the price per share and price per options contract will be lower after the split, which will make non-fractional shares and options more accessible to small investors.What Happens If You Buy Tesla Before The Split?Buying Tesla stock before the split is not very different from buying it after the split or any other day. You'd buy 3x fewer shares before the split as you would after the split in order to keep the total amount invested the same.When Will Tesla Stock Split?You will get two additional shares of Tesla stock for each share you already own on Wednesday, Aug. 24, after the market closes. Shares will trade at their post-split price starting on Thursday, Aug. 25.How Many Times Has Tesla Stock Split?This will be the second time that Tesla splits its stock. Tesla previously did a 5-for-1 stock split on Aug. 31, 2020. Shares have risen over 100% since then.Is Tesla's Stock Split Good For Investors?In other words, do stock splits impact performance? This is probably the most important question for most investors and also the most difficult to answer.There's some evidence that companies that split their stock outperform in aggregate in the short term, perhaps in part because splitting allows some stocks to be included in indexes like the Dow and increases their accessibility to retail investors. However, looking at individual stocks, there are many cases where a stock declines around the time of its split. Thus, I wouldn't recommend betting on short-term price appreciation in a single stock because of its split.However, splits certainly aren't bad news. They usually only happen after a stock has increased in value a lot, as Tesla stock has done over the past few years. Winners tend to keep winning, so betting on companies that already have done well can be a successful strategy.Also, companies usually won't split their stock unless they believe that their share price will keep increasing. One reason is that there are minimum share price requirements to be listed on the NYSE and Nasdaq exchanges. That said, even at the post-split price of ~$300, Tesla is a long way from falling to the current $1 per share requirement.Relative to more important considerations like earnings growth and valuation multiples, stock splits are essentially a neutral event for long-term investors. But in a vacuum, it's clear that stock splits are more positive than negative.Q2 EarningsBecause the stock split doesn't impact Tesla's fundamentals, I won't adjust my target market cap for Tesla as a result of the split. However, I did update my price target for Tesla since my last article in June as a result of Tesla's Q2 earnings. I shared my updated $767 target with Tech Investing Edge members after Tesla reported.I was disappointed by the earnings, mostly because I found slowing revenue growth more disappointing than a 27% EPS beat was impressive. After management constantly talked about Tesla's ability to maintain >50% revenue growth over the coming quarters, growth fell to 42% in Q2. Considering that most Tesla models are heavily backordered, management correctly blamed the slowdown on production issues rather than a lack of demand. Even so, they admitted that 50% growth would be a more difficult target to attain going forward as they work to ramp up production.I've never believed Tesla's 50% growth target, and model them growing at a 25% CAGR over the coming decade. Nevertheless, I did expect them to stay above 50% for at least a few more quarters considering management's bullishness and my expectation for slower growth in the back half of the decade.Despite the slowdown this quarter, I still think that my long-term 25% CAGR target is attainable, as even 42% growth is well above that level and management guided for a re-acceleration this quarter. Thus, despite being disappointed by the earnings, I raised my price target from $714 to $767 to account for Tesla's now-larger ttm revenue and EPS.ConclusionStock splits tend to get a lot of media coverage, but for long-term investors they're not a big deal. Tesla has been able to split its stock multiple times because the company and Tesla stock have done very well, but that's not a guarantee of future performance.If Tesla continues beating analysts' expectations and growing quickly, then the company and its investors will likely continue to do well. However, production issues and competition could stop Tesla from reaching this goal, and the current valuation doesn't leave much room for error. Based on my own growth estimates and profitability model, I think that Tesla is slightly overvalued going into its stock split. Nevertheless, I view Tesla stock as a hold, since ~14% overvaluation isn't extreme.This article was written by Kennan Mell. This article is for reference only. You can take what is useful to you.","news_type":1},"isVote":1,"tweetType":1,"viewCount":497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992400625,"gmtCreate":1661348935970,"gmtModify":1676536501018,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"A","listText":"A","text":"A","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992400625","repostId":"1162343527","repostType":4,"repost":{"id":"1162343527","pubTimestamp":1661354227,"share":"https://ttm.financial/m/news/1162343527?lang=&edition=fundamental","pubTime":"2022-08-24 23:17","market":"us","language":"en","title":"Elon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1162343527","media":"Bloomberg","summary":"In a country where economic inequality has inspiredParasiteandSquid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: Lucia P","content":"<html><head></head><body><p>In a country where economic inequality has inspired <i>Parasite</i> and <i>Squid Game</i>, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c628a928019451a317d0571a52e0552b\" tg-width=\"2210\" tg-height=\"1964\" referrerpolicy=\"no-referrer\"/><span>llustration: Lucia Pham for Bloomberg Businessweek</span></p><p>Park Sunghyun and her husband sold their home in Seoul, moved into a rental apartment with their 7-year-old son, and plowed the family’s $230,000 of savings into shares of <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc.</a></p><p>They’re not alone in betting everything on Elon Musk’s electric-car maker. Throughout the pandemic, individual South Koreans thronged into Tesla stock, increasing their combined holdings more than a hundredfold, to exceed $15 billion. It makes them key stakeholders in one of the largest companies in the world by market value, with a collective share as big as those of Larry Ellison or US money manager T. Rowe Price Group Inc. They tend to be dip buyers who jump in when the stock retreats, helping curb declines.</p><p>But there’s an unhappy undercurrent to such enthusiasm: As South Korea’s wealth gap widens, many of these investors see risky bets on stocks and cryptocurrencies as their only realistic path to financial independence. Tesla is a favorite of retail traders worldwide, but Musk has generated a following in the country with something that approaches cultlike fervor among struggling wage earners. They call themselves Teslams, blending the words “Tesla” and “Islam” to show the strength of their faith in the company. Some sign off on tweets with the word “Temen,” their play on “Tesla” and “amen.”</p><p>Park and her husband—university graduates who landed jobs in the finance sector before marrying and starting a family—hadn’t planned on risking everything on Tesla. Then the already hot property market reached a boiling point when the central bank cut interest rates to a record low after the coronavirus outbreak began in 2020.</p><p><img src=\"https://static.tigerbbs.com/332ec723ed0145f8110751875c90853a\" tg-width=\"694\" tg-height=\"535\" referrerpolicy=\"no-referrer\"/></p><p>The couple had sold their home in late 2019, hoping to buy a bigger one, but were left stranded as prices accelerated beyond their borrowing capacity. The same story has played out in many countries recently, but it’s emblematic of South Korea, where the cost of apartments in the greater Seoul metropolitan area doubled over the past five years, outpacing pay increases by more than 80 percentage points. A typical three-bedroom apartment—the most popular size—costs 1.24 billion won ($924,235) in Seoul on average, according to Kookmin Bank.</p><p>“I thought I would live well by working at a good company after college, but the reality is that we are the poorest in our neighborhood,” says Park, 40, echoing the kind of frustration that helped inspire Netflix Inc.’s Korean drama Squid Game. “Living as a salaried worker, there are so many limitations.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0361d48b4cabfdf6df8321fc7520b2da\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>A driver charges his Tesla Model 3 at a charger station in Suwon.Photographer: SeongJoon Cho/Bloomberg</span></p><p>Red flags abound. There’s Musk’s high-profile disputes with regulators; his on-again, off-again bid for Twitter Inc.; and the volatility it’s caused in Tesla’s share price. But investors such as Park find excitement in the drama. Although Tesla shares have dropped more than 25% from their 2021 high, they’re still up 1,900% over the past three years. That compares with an increase of about 40% for Samsung Electronics Co.—the most widely held stock in the country—and even less for Korea’s Kospi index.</p><p>“With this man, I thought we could go all-in,” says Park, who bought at an average price of $668 a share, well below the close of $870 on Aug. 22. She and her husband see Musk as a visionary who will succeed in continuing to effect change in the auto industry. “He’s doing things that nobody was thinking of before,” she says.</p><p>Individual Koreans held about 1.6% of the company’s equity as of Aug. 17, according to calculations by Bloomberg News based on data from Korea’s central securities depository. That’s more than their combined investments in Alphabet, Apple, Microsoft, and Nvidia, the data show. There are no official figures on the total holdings of US retail traders in Tesla, which is assumed to be larger given the bigger pool of investors in its home market. Giacomo Pierantoni, head of data at Singapore-based Vanda Research, estimates that individuals globally, excluding Musk and Ellison, own about 15% of the company.</p><p>The allure of Tesla is even stronger among people in their 20s and 30s who have fewer assets to start with than couples such as Park and her husband. Younger Koreans see little opportunity to follow their parents into the property market and are increasingly worried about repeating the financial struggles of their grandparents. Despite their lifetime of slogging that transformed the economy into an export powerhouse, elderly Koreans’ poverty rate is the highest among the 38 member countries of the Organization for Economic Cooperation and Development.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00e52e1a3202d8b6f8bc6bfcfff8d397\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>A Tesla store in Seoul.Photographer: SeongJoon Cho/Bloomberg</span></p><p>“I fell into a panic that I might never be able to buy a house,” says Son Gilhun, a 27-year-old forklift driver who lives in Hanam on the southeast outskirts of the capital. “Instead of giving up, I decided to follow my older colleagues in buying stocks.” He gambled heavily on Tesla and amassed a stock portfolio worth about $100,000 during the pandemic by adopting a frugal lifestyle and channeling half his $2,000 monthly paycheck into equities. Son trimmed his Korean holdings and boosted his stake in the carmaker in June when the shares fell below $700. His immediate goal is to buy a Tesla and, if he can make enough money, eventually a house.</p><p>Musk’s recent sale of about 7.92 million shares—to accumulate cash before a trial that could force him to follow through on an agreement to acquire Twitter—has drawn mixed responses from the Teslams. Some vented their disappointment on social media. Others hoped for another dip-buying opportunity, which didn’t materialize. Son was sanguine, describing it as “not so desirable” but understandable given the situation with Twitter. Park was angry at first but is keeping faith with her choice. “Teslams like myself are not changing our investment,” she says. “We are staying firm.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake</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\">\nElon Musk’s Many Korean Fans Have Built a $15 Billion Tesla Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 23:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a country where economic inequality has inspired Parasite and Squid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea\">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.bloomberg.com/news/articles/2022-08-23/tesla-tsla-stock-price-inspires-elon-musk-fervor-in-korea","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162343527","content_text":"In a country where economic inequality has inspired Parasite and Squid Game, retail investors hoping for a ticket to prosperity have amassed a huge position in the electric-car maker.llustration: Lucia Pham for Bloomberg BusinessweekPark Sunghyun and her husband sold their home in Seoul, moved into a rental apartment with their 7-year-old son, and plowed the family’s $230,000 of savings into shares of Tesla Inc.They’re not alone in betting everything on Elon Musk’s electric-car maker. Throughout the pandemic, individual South Koreans thronged into Tesla stock, increasing their combined holdings more than a hundredfold, to exceed $15 billion. It makes them key stakeholders in one of the largest companies in the world by market value, with a collective share as big as those of Larry Ellison or US money manager T. Rowe Price Group Inc. They tend to be dip buyers who jump in when the stock retreats, helping curb declines.But there’s an unhappy undercurrent to such enthusiasm: As South Korea’s wealth gap widens, many of these investors see risky bets on stocks and cryptocurrencies as their only realistic path to financial independence. Tesla is a favorite of retail traders worldwide, but Musk has generated a following in the country with something that approaches cultlike fervor among struggling wage earners. They call themselves Teslams, blending the words “Tesla” and “Islam” to show the strength of their faith in the company. Some sign off on tweets with the word “Temen,” their play on “Tesla” and “amen.”Park and her husband—university graduates who landed jobs in the finance sector before marrying and starting a family—hadn’t planned on risking everything on Tesla. Then the already hot property market reached a boiling point when the central bank cut interest rates to a record low after the coronavirus outbreak began in 2020.The couple had sold their home in late 2019, hoping to buy a bigger one, but were left stranded as prices accelerated beyond their borrowing capacity. The same story has played out in many countries recently, but it’s emblematic of South Korea, where the cost of apartments in the greater Seoul metropolitan area doubled over the past five years, outpacing pay increases by more than 80 percentage points. A typical three-bedroom apartment—the most popular size—costs 1.24 billion won ($924,235) in Seoul on average, according to Kookmin Bank.“I thought I would live well by working at a good company after college, but the reality is that we are the poorest in our neighborhood,” says Park, 40, echoing the kind of frustration that helped inspire Netflix Inc.’s Korean drama Squid Game. “Living as a salaried worker, there are so many limitations.”A driver charges his Tesla Model 3 at a charger station in Suwon.Photographer: SeongJoon Cho/BloombergRed flags abound. There’s Musk’s high-profile disputes with regulators; his on-again, off-again bid for Twitter Inc.; and the volatility it’s caused in Tesla’s share price. But investors such as Park find excitement in the drama. Although Tesla shares have dropped more than 25% from their 2021 high, they’re still up 1,900% over the past three years. That compares with an increase of about 40% for Samsung Electronics Co.—the most widely held stock in the country—and even less for Korea’s Kospi index.“With this man, I thought we could go all-in,” says Park, who bought at an average price of $668 a share, well below the close of $870 on Aug. 22. She and her husband see Musk as a visionary who will succeed in continuing to effect change in the auto industry. “He’s doing things that nobody was thinking of before,” she says.Individual Koreans held about 1.6% of the company’s equity as of Aug. 17, according to calculations by Bloomberg News based on data from Korea’s central securities depository. That’s more than their combined investments in Alphabet, Apple, Microsoft, and Nvidia, the data show. There are no official figures on the total holdings of US retail traders in Tesla, which is assumed to be larger given the bigger pool of investors in its home market. Giacomo Pierantoni, head of data at Singapore-based Vanda Research, estimates that individuals globally, excluding Musk and Ellison, own about 15% of the company.The allure of Tesla is even stronger among people in their 20s and 30s who have fewer assets to start with than couples such as Park and her husband. Younger Koreans see little opportunity to follow their parents into the property market and are increasingly worried about repeating the financial struggles of their grandparents. Despite their lifetime of slogging that transformed the economy into an export powerhouse, elderly Koreans’ poverty rate is the highest among the 38 member countries of the Organization for Economic Cooperation and Development.A Tesla store in Seoul.Photographer: SeongJoon Cho/Bloomberg“I fell into a panic that I might never be able to buy a house,” says Son Gilhun, a 27-year-old forklift driver who lives in Hanam on the southeast outskirts of the capital. “Instead of giving up, I decided to follow my older colleagues in buying stocks.” He gambled heavily on Tesla and amassed a stock portfolio worth about $100,000 during the pandemic by adopting a frugal lifestyle and channeling half his $2,000 monthly paycheck into equities. Son trimmed his Korean holdings and boosted his stake in the carmaker in June when the shares fell below $700. His immediate goal is to buy a Tesla and, if he can make enough money, eventually a house.Musk’s recent sale of about 7.92 million shares—to accumulate cash before a trial that could force him to follow through on an agreement to acquire Twitter—has drawn mixed responses from the Teslams. Some vented their disappointment on social media. Others hoped for another dip-buying opportunity, which didn’t materialize. Son was sanguine, describing it as “not so desirable” but understandable given the situation with Twitter. Park was angry at first but is keeping faith with her choice. “Teslams like myself are not changing our investment,” she says. “We are staying firm.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954444337,"gmtCreate":1676591512130,"gmtModify":1676591516714,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"A","listText":"A","text":"A","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954444337","repostId":"1152864867","repostType":2,"repost":{"id":"1152864867","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1676590083,"share":"https://ttm.financial/m/news/1152864867?lang=&edition=fundamental","pubTime":"2023-02-17 07:28","market":"us","language":"en","title":"These Stocks Are Moving the Most Today: Tesla, Shopify, TravelCenters, Roku, and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1152864867","media":"Dow Jones","summary":"Stocks fell as fresh economic data raised concerns on Wall Street that the Federal Reserve would hav","content":"<html><head></head><body><p>Stocks fell as fresh economic data raised concerns on Wall Street that the Federal Reserve would have to hold interest rates higher for longer.</p><p>These stocks made moves Thursday:</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> will recall cars equipped with its highest level of self-driving software. It will affect 362,758 cars, according to the National Highway Traffic Safety Administration. The stock declined 5.7%.</p><p><a href=\"https://laohu8.com/S/TA\">TravelCenters of America</a> soared 71% after oil company BP (BP) said it was acquiring the fuel and service center operator in a deal with a total equity value of about $1.3 billion.</p><p><a href=\"https://laohu8.com/S/CYH\">Community Health Systems</a> reported fourth-quarter adjusted earnings that beat Wall Street estimates and the stock surged more than 53%.</p><p><a href=\"https://laohu8.com/S/RNG\">RingCentral</a> issued revenue guidance for 2023 that missed Wall Street expectations. Shares of the cloud-based communications provider fell 24%.</p><p><a href=\"https://laohu8.com/S/TOST\">Toast</a> fell 23% after the cloud-based company reported a wider-than-expected loss for its fourth quarter.</p><p><a href=\"https://laohu8.com/S/QS\">QuantumScape</a> fell 17% even after the electric-vehicle battery start-up posted a fourth-quarter loss that was narrower than analysts expected.</p><p><a href=\"https://laohu8.com/S/SHOP\">Shopify</a> declined 16% after the e-commerce software company issued softer-than-expected guidance for the first quarter.</p><p><a href=\"https://laohu8.com/S/SAM\">Boston Beer</a> slumped 15% after the brewer of Samuel Adams posted a surprise loss in the fourth quarter. Boston Beer said it expects earnings in 2023 of between $6 and $10 a share, below analysts’ expectations of $10.94.</p><p><a href=\"https://laohu8.com/S/TWLO\">Twilio</a> jumped 14% after reporting a narrower-than-expected loss in the fourth quarter and revenue that topped estimates. The board of the text app developer platform also authorized the company to buy back $1 billion of stock. Twilio announced Monday it was cutting 17% of its workforce.</p><p><a href=\"https://laohu8.com/S/SGEN\">Seagen </a> rose 13% after the biotech company posted a narrower-than-expected fourth-quarter loss. The stock was upgraded to Strong Buy from Outperform by analysts at Raymond James and to Outperform from In Line at Evercore ISI.</p><p>Shares of <a href=\"https://laohu8.com/S/ROKU\">Roku</a> rose 11% after the streaming platform company posted a narrower-than-expected fourth-quarter loss and revenue that beat analysts’ estimates. Roku added a higher-than-expected 4.6 million new active accounts in the quarter.</p><p><a href=\"https://laohu8.com/S/DOCU\">DocuSign</a> said it was reducing staff by about 10% as part of a broader restructuring plan. The stock rose 1.8%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These Stocks Are Moving the Most Today: Tesla, Shopify, TravelCenters, Roku, and More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nThese Stocks Are Moving the Most Today: Tesla, Shopify, TravelCenters, Roku, and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-02-17 07:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks fell as fresh economic data raised concerns on Wall Street that the Federal Reserve would have to hold interest rates higher for longer.</p><p>These stocks made moves Thursday:</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> will recall cars equipped with its highest level of self-driving software. It will affect 362,758 cars, according to the National Highway Traffic Safety Administration. The stock declined 5.7%.</p><p><a href=\"https://laohu8.com/S/TA\">TravelCenters of America</a> soared 71% after oil company BP (BP) said it was acquiring the fuel and service center operator in a deal with a total equity value of about $1.3 billion.</p><p><a href=\"https://laohu8.com/S/CYH\">Community Health Systems</a> reported fourth-quarter adjusted earnings that beat Wall Street estimates and the stock surged more than 53%.</p><p><a href=\"https://laohu8.com/S/RNG\">RingCentral</a> issued revenue guidance for 2023 that missed Wall Street expectations. Shares of the cloud-based communications provider fell 24%.</p><p><a href=\"https://laohu8.com/S/TOST\">Toast</a> fell 23% after the cloud-based company reported a wider-than-expected loss for its fourth quarter.</p><p><a href=\"https://laohu8.com/S/QS\">QuantumScape</a> fell 17% even after the electric-vehicle battery start-up posted a fourth-quarter loss that was narrower than analysts expected.</p><p><a href=\"https://laohu8.com/S/SHOP\">Shopify</a> declined 16% after the e-commerce software company issued softer-than-expected guidance for the first quarter.</p><p><a href=\"https://laohu8.com/S/SAM\">Boston Beer</a> slumped 15% after the brewer of Samuel Adams posted a surprise loss in the fourth quarter. Boston Beer said it expects earnings in 2023 of between $6 and $10 a share, below analysts’ expectations of $10.94.</p><p><a href=\"https://laohu8.com/S/TWLO\">Twilio</a> jumped 14% after reporting a narrower-than-expected loss in the fourth quarter and revenue that topped estimates. The board of the text app developer platform also authorized the company to buy back $1 billion of stock. Twilio announced Monday it was cutting 17% of its workforce.</p><p><a href=\"https://laohu8.com/S/SGEN\">Seagen </a> rose 13% after the biotech company posted a narrower-than-expected fourth-quarter loss. The stock was upgraded to Strong Buy from Outperform by analysts at Raymond James and to Outperform from In Line at Evercore ISI.</p><p>Shares of <a href=\"https://laohu8.com/S/ROKU\">Roku</a> rose 11% after the streaming platform company posted a narrower-than-expected fourth-quarter loss and revenue that beat analysts’ estimates. Roku added a higher-than-expected 4.6 million new active accounts in the quarter.</p><p><a href=\"https://laohu8.com/S/DOCU\">DocuSign</a> said it was reducing staff by about 10% as part of a broader restructuring plan. The stock rose 1.8%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc","ROKU":"Roku Inc","TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152864867","content_text":"Stocks fell as fresh economic data raised concerns on Wall Street that the Federal Reserve would have to hold interest rates higher for longer.These stocks made moves Thursday:Tesla will recall cars equipped with its highest level of self-driving software. It will affect 362,758 cars, according to the National Highway Traffic Safety Administration. The stock declined 5.7%.TravelCenters of America soared 71% after oil company BP (BP) said it was acquiring the fuel and service center operator in a deal with a total equity value of about $1.3 billion.Community Health Systems reported fourth-quarter adjusted earnings that beat Wall Street estimates and the stock surged more than 53%.RingCentral issued revenue guidance for 2023 that missed Wall Street expectations. Shares of the cloud-based communications provider fell 24%.Toast fell 23% after the cloud-based company reported a wider-than-expected loss for its fourth quarter.QuantumScape fell 17% even after the electric-vehicle battery start-up posted a fourth-quarter loss that was narrower than analysts expected.Shopify declined 16% after the e-commerce software company issued softer-than-expected guidance for the first quarter.Boston Beer slumped 15% after the brewer of Samuel Adams posted a surprise loss in the fourth quarter. Boston Beer said it expects earnings in 2023 of between $6 and $10 a share, below analysts’ expectations of $10.94.Twilio jumped 14% after reporting a narrower-than-expected loss in the fourth quarter and revenue that topped estimates. The board of the text app developer platform also authorized the company to buy back $1 billion of stock. Twilio announced Monday it was cutting 17% of its workforce.Seagen  rose 13% after the biotech company posted a narrower-than-expected fourth-quarter loss. The stock was upgraded to Strong Buy from Outperform by analysts at Raymond James and to Outperform from In Line at Evercore ISI.Shares of Roku rose 11% after the streaming platform company posted a narrower-than-expected fourth-quarter loss and revenue that beat analysts’ estimates. Roku added a higher-than-expected 4.6 million new active accounts in the quarter.DocuSign said it was reducing staff by about 10% as part of a broader restructuring plan. The stock rose 1.8%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992397319,"gmtCreate":1661261069833,"gmtModify":1676536484210,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"B","listText":"B","text":"B","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992397319","repostId":"1126600044","repostType":4,"repost":{"id":"1126600044","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":1661255627,"share":"https://ttm.financial/m/news/1126600044?lang=&edition=fundamental","pubTime":"2022-08-23 19:53","market":"us","language":"en","title":"Pre-Bell｜U.S. Futures Edge up; Zoom Shares Tumble 11%","url":"https://stock-news.laohu8.com/highlight/detail?id=1126600044","media":"Tiger Newspress","summary":"U.S. stock index futures ticked higher on Tuesday after a steep selloff on Wall Street in the previo","content":"<html><head></head><body><p>U.S. stock index futures ticked higher on Tuesday after a steep selloff on Wall Street in the previous session on concerns about aggressive signals from the Federal Reserve on interest rate increases, with manufacturing and services data on tap.</p><p>The S&amp;P flash composite Purchasing Managers&#39; Index (PMI) due at 9:45 a.m. ET, which would provide clues on the strength of the U.S. economy, will follow weak readings from Europe earlier in the day that compounded expectations of a recession in the region and pressured global markets.</p><p><b>Market Snapshot</b></p><p>At 07:50 a.m. ET, Dow e-minis were up 24 points, or 0.07%, S&amp;P 500 e-minis were up 4.25 points, or 0.10%, and Nasdaq 100 e-minis were up 21.25 points, or 0.16%.</p><p><img src=\"https://static.tigerbbs.com/d5f9f60d2d62deda5bc07250387d1d10\" tg-width=\"416\" tg-height=\"188\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b>Zoom Video Communications (ZM)</b> – Zoom tumbled 11.2% in the premarket after the videoconferencing company cut its full-year forecast. Zoom reported better-than-expected earnings for its latest quarter, but revenue fell short of forecasts. Zoom’s CFO said the company is having some difficulty attracting new, paying subscribers, although he added that enterprise sales are strong.</p><p><b>Palo Alto Networks (PANW)</b> – Palo Alto rallied 9.6% in premarket trading after the cybersecurity company reported better-than-expected quarterly results and issued an upbeat forecast. Palo Alto also announced its board of directors had approved a 3-for-1 stock split.</p><p><b>Macy’s (M)</b> – The retailer’s shares added 2.6% in premarket trading after it beat sales and profit forecasts for its second quarter, and comparable store sales fell less than expected. Macy’s lowered full-year guidance, however, to incorporate risks from a slowing economy.</p><p><b>Dick’s Sporting Goods </b><b>(DKS)</b> – The sporting goods retailer beat top and bottom line estimates for the second quarter and raised its full-year forecast. Comparable store sales sank by 5.1% during the quarter, but that was smaller than the 6.9% decline expected by analysts. The stock gained 0.6% in the premarket.</p><p><b>Medtronic (MDT)</b> – Medtronic gained 1% in the premarket after reporting quarterly profit and revenue that exceeded analysts’ forecasts. Revenue fell from a year ago as the medical products maker was impacted by supply chain challenges.</p><p><b>JD.com (JD)</b> – The China-based e-commerce company reported better-than-expected quarterly results and saw a 9.2% increase in active customer accounts. JD.com jumped 3.4% in premarket action.</p><p><b>XPeng (XPEV) </b>– XPeng fell 4.8% in premarket action after the China-based electric vehicle maker reported a wider-than-expected quarterly loss, although revenue exceeded analysts’ forecasts as total deliveries nearly doubled from a year earlier.</p><p><b>Pinduoduo (PDD)</b> – Pinduoduo plans to launch an international e-commerce platform next month, according to a source with direct knowledge of the matter who spoke to Reuters. Pinduoduo rose 2.8% in premarket trading.</p><p><b>Warner Bros. Discovery (WBD) </b>– Nearly 10 million viewers watched the “Game of Thrones” prequel “House of the Dragon” on the company’s HBO Max service, a record for an HBO series debut. Warner Bros. Discovery gained 1.5% in the premarket.</p><p><b>J.M. Smucker (SJM)</b> – The food producer’s stock added 1.8% in premarket trading after it reported better-than-expected quarterly profit and raised its full-year outlook.</p><p><b>Market News</b></p><p><b>Musk Seeks Documents From Jack Dorsey in Fight Over Twitter Deal</b></p><p>Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing.</p><p>Dorsey, who resigned as Twitter&#39;s chief executive in November and left the board in May, was asked for documents and communications about Musk&#39;s April agreement to buy the company and about spam accounts on the platform, according to a copy of the subpoena.</p><p><b>Apple’s New iPhone 14 to Show India Closing Tech Gap With China</b></p><p>Apple Inc. plans to begin manufacturing the iPhone 14 in India about two months after the product’s initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated.</p><p>The company has been working with suppliers to ramp up manufacturing in India and shorten the lag in production of the new iPhone from the typical six to nine months for previous launches, according to people familiar with the matter.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜U.S. Futures Edge up; Zoom Shares Tumble 11%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Futures Edge up; Zoom Shares Tumble 11%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-23 19:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures ticked higher on Tuesday after a steep selloff on Wall Street in the previous session on concerns about aggressive signals from the Federal Reserve on interest rate increases, with manufacturing and services data on tap.</p><p>The S&amp;P flash composite Purchasing Managers&#39; Index (PMI) due at 9:45 a.m. ET, which would provide clues on the strength of the U.S. economy, will follow weak readings from Europe earlier in the day that compounded expectations of a recession in the region and pressured global markets.</p><p><b>Market Snapshot</b></p><p>At 07:50 a.m. ET, Dow e-minis were up 24 points, or 0.07%, S&amp;P 500 e-minis were up 4.25 points, or 0.10%, and Nasdaq 100 e-minis were up 21.25 points, or 0.16%.</p><p><img src=\"https://static.tigerbbs.com/d5f9f60d2d62deda5bc07250387d1d10\" tg-width=\"416\" tg-height=\"188\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b>Zoom Video Communications (ZM)</b> – Zoom tumbled 11.2% in the premarket after the videoconferencing company cut its full-year forecast. Zoom reported better-than-expected earnings for its latest quarter, but revenue fell short of forecasts. Zoom’s CFO said the company is having some difficulty attracting new, paying subscribers, although he added that enterprise sales are strong.</p><p><b>Palo Alto Networks (PANW)</b> – Palo Alto rallied 9.6% in premarket trading after the cybersecurity company reported better-than-expected quarterly results and issued an upbeat forecast. Palo Alto also announced its board of directors had approved a 3-for-1 stock split.</p><p><b>Macy’s (M)</b> – The retailer’s shares added 2.6% in premarket trading after it beat sales and profit forecasts for its second quarter, and comparable store sales fell less than expected. Macy’s lowered full-year guidance, however, to incorporate risks from a slowing economy.</p><p><b>Dick’s Sporting Goods </b><b>(DKS)</b> – The sporting goods retailer beat top and bottom line estimates for the second quarter and raised its full-year forecast. Comparable store sales sank by 5.1% during the quarter, but that was smaller than the 6.9% decline expected by analysts. The stock gained 0.6% in the premarket.</p><p><b>Medtronic (MDT)</b> – Medtronic gained 1% in the premarket after reporting quarterly profit and revenue that exceeded analysts’ forecasts. Revenue fell from a year ago as the medical products maker was impacted by supply chain challenges.</p><p><b>JD.com (JD)</b> – The China-based e-commerce company reported better-than-expected quarterly results and saw a 9.2% increase in active customer accounts. JD.com jumped 3.4% in premarket action.</p><p><b>XPeng (XPEV) </b>– XPeng fell 4.8% in premarket action after the China-based electric vehicle maker reported a wider-than-expected quarterly loss, although revenue exceeded analysts’ forecasts as total deliveries nearly doubled from a year earlier.</p><p><b>Pinduoduo (PDD)</b> – Pinduoduo plans to launch an international e-commerce platform next month, according to a source with direct knowledge of the matter who spoke to Reuters. Pinduoduo rose 2.8% in premarket trading.</p><p><b>Warner Bros. Discovery (WBD) </b>– Nearly 10 million viewers watched the “Game of Thrones” prequel “House of the Dragon” on the company’s HBO Max service, a record for an HBO series debut. Warner Bros. Discovery gained 1.5% in the premarket.</p><p><b>J.M. Smucker (SJM)</b> – The food producer’s stock added 1.8% in premarket trading after it reported better-than-expected quarterly profit and raised its full-year outlook.</p><p><b>Market News</b></p><p><b>Musk Seeks Documents From Jack Dorsey in Fight Over Twitter Deal</b></p><p>Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing.</p><p>Dorsey, who resigned as Twitter&#39;s chief executive in November and left the board in May, was asked for documents and communications about Musk&#39;s April agreement to buy the company and about spam accounts on the platform, according to a copy of the subpoena.</p><p><b>Apple’s New iPhone 14 to Show India Closing Tech Gap With China</b></p><p>Apple Inc. plans to begin manufacturing the iPhone 14 in India about two months after the product’s initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated.</p><p>The company has been working with suppliers to ramp up manufacturing in India and shorten the lag in production of the new iPhone from the typical six to nine months for previous launches, according to people familiar with the matter.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PANW":"Palo Alto Networks",".IXIC":"NASDAQ Composite","DKS":"迪克体育用品","M":"梅西百货",".SPX":"S&P 500 Index","SJM":"斯马克",".DJI":"道琼斯","WBD":"Warner Bros. Discovery","JD":"京东","PDD":"拼多多","ZM":"Zoom","XPEV":"小鹏汽车","MDT":"美敦力"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126600044","content_text":"U.S. stock index futures ticked higher on Tuesday after a steep selloff on Wall Street in the previous session on concerns about aggressive signals from the Federal Reserve on interest rate increases, with manufacturing and services data on tap.The S&P flash composite Purchasing Managers' Index (PMI) due at 9:45 a.m. ET, which would provide clues on the strength of the U.S. economy, will follow weak readings from Europe earlier in the day that compounded expectations of a recession in the region and pressured global markets.Market SnapshotAt 07:50 a.m. ET, Dow e-minis were up 24 points, or 0.07%, S&P 500 e-minis were up 4.25 points, or 0.10%, and Nasdaq 100 e-minis were up 21.25 points, or 0.16%.Pre-Market MoversZoom Video Communications (ZM) – Zoom tumbled 11.2% in the premarket after the videoconferencing company cut its full-year forecast. Zoom reported better-than-expected earnings for its latest quarter, but revenue fell short of forecasts. Zoom’s CFO said the company is having some difficulty attracting new, paying subscribers, although he added that enterprise sales are strong.Palo Alto Networks (PANW) – Palo Alto rallied 9.6% in premarket trading after the cybersecurity company reported better-than-expected quarterly results and issued an upbeat forecast. Palo Alto also announced its board of directors had approved a 3-for-1 stock split.Macy’s (M) – The retailer’s shares added 2.6% in premarket trading after it beat sales and profit forecasts for its second quarter, and comparable store sales fell less than expected. Macy’s lowered full-year guidance, however, to incorporate risks from a slowing economy.Dick’s Sporting Goods (DKS) – The sporting goods retailer beat top and bottom line estimates for the second quarter and raised its full-year forecast. Comparable store sales sank by 5.1% during the quarter, but that was smaller than the 6.9% decline expected by analysts. The stock gained 0.6% in the premarket.Medtronic (MDT) – Medtronic gained 1% in the premarket after reporting quarterly profit and revenue that exceeded analysts’ forecasts. Revenue fell from a year ago as the medical products maker was impacted by supply chain challenges.JD.com (JD) – The China-based e-commerce company reported better-than-expected quarterly results and saw a 9.2% increase in active customer accounts. JD.com jumped 3.4% in premarket action.XPeng (XPEV) – XPeng fell 4.8% in premarket action after the China-based electric vehicle maker reported a wider-than-expected quarterly loss, although revenue exceeded analysts’ forecasts as total deliveries nearly doubled from a year earlier.Pinduoduo (PDD) – Pinduoduo plans to launch an international e-commerce platform next month, according to a source with direct knowledge of the matter who spoke to Reuters. Pinduoduo rose 2.8% in premarket trading.Warner Bros. Discovery (WBD) – Nearly 10 million viewers watched the “Game of Thrones” prequel “House of the Dragon” on the company’s HBO Max service, a record for an HBO series debut. Warner Bros. Discovery gained 1.5% in the premarket.J.M. Smucker (SJM) – The food producer’s stock added 1.8% in premarket trading after it reported better-than-expected quarterly profit and raised its full-year outlook.Market NewsMusk Seeks Documents From Jack Dorsey in Fight Over Twitter DealBillionaire entrepreneur Elon Musk is seeking documents from Twitter Inc co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing.Dorsey, who resigned as Twitter's chief executive in November and left the board in May, was asked for documents and communications about Musk's April agreement to buy the company and about spam accounts on the platform, according to a copy of the subpoena.Apple’s New iPhone 14 to Show India Closing Tech Gap With ChinaApple Inc. plans to begin manufacturing the iPhone 14 in India about two months after the product’s initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated.The company has been working with suppliers to ramp up manufacturing in India and shorten the lag in production of the new iPhone from the typical six to nine months for previous launches, according to people familiar with the matter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999412070,"gmtCreate":1660570662307,"gmtModify":1676535211721,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999412070","repostId":"1196145268","repostType":4,"repost":{"id":"1196145268","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":1660570369,"share":"https://ttm.financial/m/news/1196145268?lang=&edition=fundamental","pubTime":"2022-08-15 21:32","market":"us","language":"en","title":"Stocks Slump after Four Consecutive Weeks of S&P 500 Gains","url":"https://stock-news.laohu8.com/highlight/detail?id=1196145268","media":"Tiger Newspress","summary":"U.S. equities were lower Monday, putting Wall Street on track to take a breather after another posit","content":"<html><head></head><body><p>U.S. equities were lower Monday, putting Wall Street on track to take a breather after another positive week, as traders braced for big retail earnings.</p><p>Futures tied to the Dow Jones Industrial Average fell 199 points, or 0.59%. S&amp;P 500 futures and Nasdaq 100 futures dipped 0.6% and 0.38%, respectively.</p><p>Monday’s moves come after disappointing economic data out of China overnight. The country’s central bank also cut rates unexpectedly, raising concern over China’s economic recovery.</p><p>“The clouds of recession are gathering globally. The Chinese economy contracted in 2Q. The US notched a “technical recession.” The flow of natural gas to Western Europe is restricted. In the past three months, we have revised down our forecast for global growth to 2.5%Y in 2022, which is about 50bp below consensus and 40bp lower than in May. We are edging closer to the bear scenario from our May Mid-year Outlook,” wrote Morgan Stanley’s Seth Carpenter in a note to clients Sunday.</p><p>Last week the S&amp;P 500 advanced 3.25% to notch its fourth positive week in a row and its longest winning streak since 2021. The Nasdaq Composite ended the week 3.08% higher, also for its fourth straight week. The Dow added 2.9%.</p><p>The gains came after economic data showed inflation pressures could be easing a bit. The consumer price index was flat from June to July, the producer price index showed a surprise decline and import prices fell more than expected.</p><p>That helped relax investors that have been eager to call the mid-June lows the bottom of the cycle. Just as many have been quick to call out that the data from one month doesn’t necessarily make it a reliable trend.</p><p>Investors are looking ahead to a week of earnings from big retailers including Home Depot, Walmart and Target, and listening for clues on how their businesses have been affected by inflation and other macro challenges in the most recent quarter.</p><p>Retail sales data is also scheduled to be released this week.</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>Stocks Slump after Four Consecutive Weeks of S&P 500 Gains</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\">\nStocks Slump after Four Consecutive Weeks of S&P 500 Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-15 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. equities were lower Monday, putting Wall Street on track to take a breather after another positive week, as traders braced for big retail earnings.</p><p>Futures tied to the Dow Jones Industrial Average fell 199 points, or 0.59%. S&amp;P 500 futures and Nasdaq 100 futures dipped 0.6% and 0.38%, respectively.</p><p>Monday’s moves come after disappointing economic data out of China overnight. The country’s central bank also cut rates unexpectedly, raising concern over China’s economic recovery.</p><p>“The clouds of recession are gathering globally. The Chinese economy contracted in 2Q. The US notched a “technical recession.” The flow of natural gas to Western Europe is restricted. In the past three months, we have revised down our forecast for global growth to 2.5%Y in 2022, which is about 50bp below consensus and 40bp lower than in May. We are edging closer to the bear scenario from our May Mid-year Outlook,” wrote Morgan Stanley’s Seth Carpenter in a note to clients Sunday.</p><p>Last week the S&amp;P 500 advanced 3.25% to notch its fourth positive week in a row and its longest winning streak since 2021. The Nasdaq Composite ended the week 3.08% higher, also for its fourth straight week. The Dow added 2.9%.</p><p>The gains came after economic data showed inflation pressures could be easing a bit. The consumer price index was flat from June to July, the producer price index showed a surprise decline and import prices fell more than expected.</p><p>That helped relax investors that have been eager to call the mid-June lows the bottom of the cycle. Just as many have been quick to call out that the data from one month doesn’t necessarily make it a reliable trend.</p><p>Investors are looking ahead to a week of earnings from big retailers including Home Depot, Walmart and Target, and listening for clues on how their businesses have been affected by inflation and other macro challenges in the most recent quarter.</p><p>Retail sales data is also scheduled to be released this week.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196145268","content_text":"U.S. equities were lower Monday, putting Wall Street on track to take a breather after another positive week, as traders braced for big retail earnings.Futures tied to the Dow Jones Industrial Average fell 199 points, or 0.59%. S&P 500 futures and Nasdaq 100 futures dipped 0.6% and 0.38%, respectively.Monday’s moves come after disappointing economic data out of China overnight. The country’s central bank also cut rates unexpectedly, raising concern over China’s economic recovery.“The clouds of recession are gathering globally. The Chinese economy contracted in 2Q. The US notched a “technical recession.” The flow of natural gas to Western Europe is restricted. In the past three months, we have revised down our forecast for global growth to 2.5%Y in 2022, which is about 50bp below consensus and 40bp lower than in May. We are edging closer to the bear scenario from our May Mid-year Outlook,” wrote Morgan Stanley’s Seth Carpenter in a note to clients Sunday.Last week the S&P 500 advanced 3.25% to notch its fourth positive week in a row and its longest winning streak since 2021. The Nasdaq Composite ended the week 3.08% higher, also for its fourth straight week. The Dow added 2.9%.The gains came after economic data showed inflation pressures could be easing a bit. The consumer price index was flat from June to July, the producer price index showed a surprise decline and import prices fell more than expected.That helped relax investors that have been eager to call the mid-June lows the bottom of the cycle. Just as many have been quick to call out that the data from one month doesn’t necessarily make it a reliable trend.Investors are looking ahead to a week of earnings from big retailers including Home Depot, Walmart and Target, and listening for clues on how their businesses have been affected by inflation and other macro challenges in the most recent quarter.Retail sales data is also scheduled to be released this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937637835,"gmtCreate":1663416102527,"gmtModify":1676537267757,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"GS","listText":"GS","text":"GS","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9937637835","repostId":"2267698524","repostType":2,"repost":{"id":"2267698524","pubTimestamp":1663373406,"share":"https://ttm.financial/m/news/2267698524?lang=&edition=fundamental","pubTime":"2022-09-17 08:10","market":"us","language":"en","title":"5 Warren Buffett Stocks to Buy and Never Sell","url":"https://stock-news.laohu8.com/highlight/detail?id=2267698524","media":"Motley Fool","summary":"These highly profitable companies offer sustainable competitive advantages that make them no-brainer buys.","content":"<html><head></head><body><p>When <b>Berkshire Hathaway</b> CEO Warren Buffett buys or sells shares of a company, investors wisely pay attention. That&#39;s because the Oracle of Omaha has generated a jaw-dropping total return of 3,641,613% for his Class A shareholders (BRK.A) since taking the reins of Berkshire Hathaway more than 57 years ago.</p><p>Considering Buffett&#39;s penchant for buying high-quality stocks and hanging onto them for the long run, riding the Oracle of Omaha&#39;s coattails has proven quite profitable for decades. It&#39;s an especially smart time for investors to go shopping for Buffett stocks, with the <b>S&amp;P 500</b> and <b>Nasdaq Composite</b> plunging into a bear market.</p><p>What follows are five Warren Buffett stocks investors can confidently buy right now and never have to sell.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9dff3932ab34c4852ce5e15e7b312f41\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.</span></p><h2>Amazon</h2><p>The first Buffett stock that can be bought without investors losing any sleep is e-commerce leader <b>Amazon</b>. Although Amazon&#39;s leading online marketplace is susceptible to weakness during recessions, this top revenue segment isn&#39;t the key to the company potentially tripling its operating cash flow over the next four years.</p><p>Even though Amazon is estimated to bring in nearly 40% of all U.S. online retail sales in 2022, it&#39;s the company&#39;s higher-margin ancillary operating segments that are driving its profitability and cash flow. For example, the popularity of Amazon&#39;s marketplace has helped the company sign up more than 200 million Prime members worldwide. Amazon is bringing in approximately $35 billion in annual run-rate sales from subscription services, which is allowing it to reinvest in its vast logistics network and other high-growth initiatives.</p><p>The other heavy-hitter is cloud infrastructure services segment Amazon Web Services (AWS). According to a recent report from Canalys, AWS brought in an estimated 31% of cloud-service spending during the second quarter. Even though AWS only accounts for a sixth of Amazon&#39;s net sales, it&#39;s been consistently producing more than half of the company&#39;s operating income. With cloud growth still in its early innings and AWS growing into a larger percentage of Amazon&#39;s total sales, the company looks cheaper than ever, relative to its future cash flow-generating potential.</p><h2>Visa</h2><p>The second Warren Buffett stock investors can buy and never have to consider selling is payment processor <b>Visa</b>. Despite being cyclical, Visa&#39;s sustainable competitive advantages make it a no-brainer stock to hold for the long term.</p><p>To begin with, Visa accounted for a whopping 54% of U.S. credit card network purchase volume in 2020. The U.S. is the leading market for consumption in the world, and Visa holds a 31-percentage-point lead over its next-closest competitor. To boot, it&#39;s the only payment processor that significantly expanded its share of the U.S. processing market following the Great Recession (2007-2009).</p><p>To add to the above, the vast majority of global transactions are still being conducted with cash. This should give Visa ample opportunity to organically expand into underbanked markets, such as the Middle East, Africa, and Southeastern Asia, and to make acquisitions to further its reach.</p><p>It&#39;s also worth noting that Visa doesn&#39;t act as a lender. By only focusing on payment processing, Visa doesn&#39;t have to worry about possible loan delinquencies, and therefore isn&#39;t required to set aside capital to cover potential loan losses. This is a big reason why Visa&#39;s profit margin is usually at or above 50%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/119223042d623151afc6d0a8e0774989\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"/><span>The GMC Hummer EV is one of 30 electric vehicles GM is releasing by the end of 2025. Image source: General Motors.</span></p><h2>General Motors</h2><p>A third Warren Buffett stock to buy and never sell is Detroit auto giant <b>General Motors</b>. Though economic weakness and historically high inflation threaten to sap auto sales in the short run, the long-awaited growth catalyst for General Motors has arrived.</p><p>The electrification of autos for consumers and enterprise fleets is the multidecade opportunity the auto industry has been waiting for. With most developed countries angling to reduce their carbon footprints, electric vehicles (EVs) are viewed as a sustainable growth story.</p><p>General Motors intends to spend $35 billion on EVs, autonomous vehicles, and battery research through the midpoint of the decade. The expectation, according to CEO Mary Barra, is for GM to roll out 30 new EVs by the end of 2025. The company should have two fully devoted battery plants up and running by the end of next year, with over 1 million EVs produced annually in North America in 2025.</p><p>What&#39;s more, GM has a sizable presence in China, the world&#39;s No. 1 auto market. General Motors has sold 2.9 million vehicles in back-to-back years in China, and should have the opportunity to gobble up market share in China&#39;s still-nascent EV industry.</p><h2>Bank of America</h2><p>The fourth Warren Buffett stock that can be bought hand over fist and never sold is financial juggernaut <b>Bank of America</b>. To keep with the prevailing theme of this list, short-term recessionary concerns should take a back seat to BofA&#39;s numerous long-term advantages.</p><p>The beauty of bank stocks is that they benefit from the natural expansion of the U.S. economy. The disproportionate amount of time the economy spends expanding, relative to contracting, allows Bank of America to grow its loan portfolio and deposits, which boosts its net-interest income over the long run.</p><p>Something else worth noting about Bank of America is that it&#39;s the most interest-sensitive money-center bank. With the Federal Reserve aggressively hiking interest rates in order to tame inflation, outstanding variable-rate loans are becoming more profitable for banks and credit unions without them having to lift a proverbial finger. Since the federal funds target rate is coming off an extended period where it was effectively at 0%, the implication is that BofA can expect a sizable uptick in net-interest income in the years ahead.</p><p>This is also a company that&#39;s done a phenomenal job of encouraging its customers to bank digitally. As of the end of June, 43 million active users were banking online or via mobile, with 48% of all sales being completed digitally.  Because digital transactions are considerably cheaper than in-person and phone interactions for banks, this digital push has allowed BofA to consolidate some of its physical branches and reduce its noninterest expenses.</p><h2>Berkshire Hathaway</h2><p>The fifth and final Warren Buffett stock you can buy and never sell is (cue ironic music) ...Berkshire Hathaway. Over the past four years, there&#39;s no stock Warren Buffett has spent more money buying than his own company.</p><p>What makes Berkshire Hathaway such a rock-solid performer is Buffett&#39;s affinity for cyclical businesses and his love of dividend stocks.</p><p>As I&#39;ve pointed to throughout this list, cyclical companies benefit from the substantially longer amount of time the U.S. and global economy spend expanding. Instead of trying to guess when these economic downturns will occur, Buffett has packed Berkshire Hathaway&#39;s investment portfolio with companies that thrive off the natural growth of U.S. and global gross domestic product over time. Tech stocks, financials (banks, insurers, and payment processors), and energy stocks (oil companies) all benefit immensely from extended bull markets.</p><p>Additionally, Berkshire Hathaway is on track to collect approximately $6.07 billion in dividend income over the next 12 months. Income stocks are usually profitable, have navigated their way through prior recessions, and offer an extensive history of outperformance when compared to their non-paying peers.</p><p>With Warren Buffett overseeing a 20.1% average annual return for his company&#39;s Class A shares over the past 57 years (ended Dec. 31, 2021), investors probably can&#39;t go wrong adding Berkshire Hathaway to their own portfolios.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Warren Buffett Stocks to Buy and Never Sell</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Warren Buffett Stocks to Buy and Never Sell\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-17 08:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/16/5-warren-buffett-stocks-to-buy-and-never-sell/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When Berkshire Hathaway CEO Warren Buffett buys or sells shares of a company, investors wisely pay attention. That's because the Oracle of Omaha has generated a jaw-dropping total return of 3,641,613%...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/16/5-warren-buffett-stocks-to-buy-and-never-sell/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","BRK.B":"伯克希尔B","V":"Visa","GM":"通用汽车","BAC":"美国银行","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2022/09/16/5-warren-buffett-stocks-to-buy-and-never-sell/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267698524","content_text":"When Berkshire Hathaway CEO Warren Buffett buys or sells shares of a company, investors wisely pay attention. That's because the Oracle of Omaha has generated a jaw-dropping total return of 3,641,613% for his Class A shareholders (BRK.A) since taking the reins of Berkshire Hathaway more than 57 years ago.Considering Buffett's penchant for buying high-quality stocks and hanging onto them for the long run, riding the Oracle of Omaha's coattails has proven quite profitable for decades. It's an especially smart time for investors to go shopping for Buffett stocks, with the S&P 500 and Nasdaq Composite plunging into a bear market.What follows are five Warren Buffett stocks investors can confidently buy right now and never have to sell.Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.AmazonThe first Buffett stock that can be bought without investors losing any sleep is e-commerce leader Amazon. Although Amazon's leading online marketplace is susceptible to weakness during recessions, this top revenue segment isn't the key to the company potentially tripling its operating cash flow over the next four years.Even though Amazon is estimated to bring in nearly 40% of all U.S. online retail sales in 2022, it's the company's higher-margin ancillary operating segments that are driving its profitability and cash flow. For example, the popularity of Amazon's marketplace has helped the company sign up more than 200 million Prime members worldwide. Amazon is bringing in approximately $35 billion in annual run-rate sales from subscription services, which is allowing it to reinvest in its vast logistics network and other high-growth initiatives.The other heavy-hitter is cloud infrastructure services segment Amazon Web Services (AWS). According to a recent report from Canalys, AWS brought in an estimated 31% of cloud-service spending during the second quarter. Even though AWS only accounts for a sixth of Amazon's net sales, it's been consistently producing more than half of the company's operating income. With cloud growth still in its early innings and AWS growing into a larger percentage of Amazon's total sales, the company looks cheaper than ever, relative to its future cash flow-generating potential.VisaThe second Warren Buffett stock investors can buy and never have to consider selling is payment processor Visa. Despite being cyclical, Visa's sustainable competitive advantages make it a no-brainer stock to hold for the long term.To begin with, Visa accounted for a whopping 54% of U.S. credit card network purchase volume in 2020. The U.S. is the leading market for consumption in the world, and Visa holds a 31-percentage-point lead over its next-closest competitor. To boot, it's the only payment processor that significantly expanded its share of the U.S. processing market following the Great Recession (2007-2009).To add to the above, the vast majority of global transactions are still being conducted with cash. This should give Visa ample opportunity to organically expand into underbanked markets, such as the Middle East, Africa, and Southeastern Asia, and to make acquisitions to further its reach.It's also worth noting that Visa doesn't act as a lender. By only focusing on payment processing, Visa doesn't have to worry about possible loan delinquencies, and therefore isn't required to set aside capital to cover potential loan losses. This is a big reason why Visa's profit margin is usually at or above 50%.The GMC Hummer EV is one of 30 electric vehicles GM is releasing by the end of 2025. Image source: General Motors.General MotorsA third Warren Buffett stock to buy and never sell is Detroit auto giant General Motors. Though economic weakness and historically high inflation threaten to sap auto sales in the short run, the long-awaited growth catalyst for General Motors has arrived.The electrification of autos for consumers and enterprise fleets is the multidecade opportunity the auto industry has been waiting for. With most developed countries angling to reduce their carbon footprints, electric vehicles (EVs) are viewed as a sustainable growth story.General Motors intends to spend $35 billion on EVs, autonomous vehicles, and battery research through the midpoint of the decade. The expectation, according to CEO Mary Barra, is for GM to roll out 30 new EVs by the end of 2025. The company should have two fully devoted battery plants up and running by the end of next year, with over 1 million EVs produced annually in North America in 2025.What's more, GM has a sizable presence in China, the world's No. 1 auto market. General Motors has sold 2.9 million vehicles in back-to-back years in China, and should have the opportunity to gobble up market share in China's still-nascent EV industry.Bank of AmericaThe fourth Warren Buffett stock that can be bought hand over fist and never sold is financial juggernaut Bank of America. To keep with the prevailing theme of this list, short-term recessionary concerns should take a back seat to BofA's numerous long-term advantages.The beauty of bank stocks is that they benefit from the natural expansion of the U.S. economy. The disproportionate amount of time the economy spends expanding, relative to contracting, allows Bank of America to grow its loan portfolio and deposits, which boosts its net-interest income over the long run.Something else worth noting about Bank of America is that it's the most interest-sensitive money-center bank. With the Federal Reserve aggressively hiking interest rates in order to tame inflation, outstanding variable-rate loans are becoming more profitable for banks and credit unions without them having to lift a proverbial finger. Since the federal funds target rate is coming off an extended period where it was effectively at 0%, the implication is that BofA can expect a sizable uptick in net-interest income in the years ahead.This is also a company that's done a phenomenal job of encouraging its customers to bank digitally. As of the end of June, 43 million active users were banking online or via mobile, with 48% of all sales being completed digitally.  Because digital transactions are considerably cheaper than in-person and phone interactions for banks, this digital push has allowed BofA to consolidate some of its physical branches and reduce its noninterest expenses.Berkshire HathawayThe fifth and final Warren Buffett stock you can buy and never sell is (cue ironic music) ...Berkshire Hathaway. Over the past four years, there's no stock Warren Buffett has spent more money buying than his own company.What makes Berkshire Hathaway such a rock-solid performer is Buffett's affinity for cyclical businesses and his love of dividend stocks.As I've pointed to throughout this list, cyclical companies benefit from the substantially longer amount of time the U.S. and global economy spend expanding. Instead of trying to guess when these economic downturns will occur, Buffett has packed Berkshire Hathaway's investment portfolio with companies that thrive off the natural growth of U.S. and global gross domestic product over time. Tech stocks, financials (banks, insurers, and payment processors), and energy stocks (oil companies) all benefit immensely from extended bull markets.Additionally, Berkshire Hathaway is on track to collect approximately $6.07 billion in dividend income over the next 12 months. Income stocks are usually profitable, have navigated their way through prior recessions, and offer an extensive history of outperformance when compared to their non-paying peers.With Warren Buffett overseeing a 20.1% average annual return for his company's Class A shares over the past 57 years (ended Dec. 31, 2021), investors probably can't go wrong adding Berkshire Hathaway to their own portfolios.","news_type":1},"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996263702,"gmtCreate":1661176956009,"gmtModify":1676536467596,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"A","listText":"A","text":"A","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996263702","repostId":"2261515445","repostType":2,"repost":{"id":"2261515445","pubTimestamp":1661177189,"share":"https://ttm.financial/m/news/2261515445?lang=&edition=fundamental","pubTime":"2022-08-22 22:06","market":"us","language":"en","title":"Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders","url":"https://stock-news.laohu8.com/highlight/detail?id=2261515445","media":"Motley Fool","summary":"Tesla's stock split will take place after the close of trading on Aug. 24, but don't expect to wake up to riches overnight.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Tesla shareholders voted in favor of a 3-for-1 stock split at the company&#39;s annual meeting on Aug. 4.</li><li>Shareholders will see more shares of Tesla stock in their account after the stock split takes place on Aug. 24.</li><li>The shares will trade at a split-adjusted price on Aug. 25.</li></ul><p><b>Tesla</b> is moving forward with its second stock split on Aug. 24. Shareholders approved the 3-for-1 stock split at the company&#39;s annual meeting this month.</p><p>If you&#39;re confused about stock splits, below is a breakdown of how they work, so you can set your expectations.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae15e6e1d3574d71df0833be714bce02\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p><b>Stock splits are taking over headlines in 2022</b></p><p>Large tech companies have been dominating stock-split news this year. <b>Amazon</b> pursued its first stock split since the dot-com boom, completing a 20-for-1 stock split on June 3. E-commerce giant <b>Shopify</b> completed a 10-for-1 split of its common stock on June 28. Then, the parent company of Google, <b>Alphabet</b>, wrapped up a 20-for-1 stock split on July 15.</p><p>Now, Tesla is back in the spotlight after completing a 5-for-1 stock split in 2020. The electric vehicle maker hinted at a stock split earlier this year, and now the big day is taking place this month. If you haven&#39;t been following Tesla this year, here&#39;s a look at the company&#39;s stock-split timeline.</p><ul><li><b>March 28, 2022:</b> Tesla informed the SEC about its stock-split intentions via Form 8-K.</li><li><b>June 6, 2022:</b> If you were a shareholder as of close of business on this date, you received an invitation to Tesla&#39;s annual shareholders meeting.</li><li><b>June 10, 2022:</b> Tesla filed another form with the SEC, announcing a proposed 3-for-1 stock split.</li><li><b>Aug. 4, 2022:</b> Shareholders voted in favor of the 3-for-1 stock split at the 2022 Annual Meeting of Shareholders.</li><li><b>Aug. 17, 2022:</b> Stockholders of record on this date will receive two new shares for every one share they own.</li><li><b>Aug. 24, 2022:</b> The stock split will take place after the close of trading on this date.</li><li><b>Aug. 25, 2022:</b> Tesla shares will trade at a split-adjusted price on this date.</li></ul><p>As you can see, a stock split doesn&#39;t happen overnight. A company needs to file paperwork with the SEC to express its intentions, and then shareholders must give the company the green light to move forward with the stock split.</p><p><b>What happens when a stock splits?</b></p><p>A stock split may be popular, but that doesn&#39;t mean it&#39;s profitable. A stock split in itself won&#39;t make a company&#39;s market capitalization rise or change its intrinsic value. But it does increase the number of a company&#39;s outstanding shares. You&#39;ll notice more shares of a company stock in your account, but the overall value of your shares won&#39;t change. That&#39;s why a stock split is not a taxable event in itself. It doesn&#39;t leave you with more money in your pockets.</p><p>Let&#39;s dive into Tesla&#39;s stock split. The company is doing a 3-for-1 split. That means investors will receive two extra shares of Tesla for every one share they own.</p><p>If you own five shares of Tesla, you&#39;ll wake up to 15 shares of the company after the stock split. If you own 10 shares of Tesla, you&#39;ll have 30 shares later. If you own fractional shares, you&#39;ll still have a chance to participate in the stock split. You&#39;ll just have to do the math to see how your fractional shares will multiply after the stock split.</p><p>You can think of a stock split like getting slices of pizza. If you have a whole pizza, you can slice it into three equal parts like a 3-for-1 stock split. The amount of pizza you have is still the same. When you slice it, you break it up into bite-sized pieces so it&#39;s easier to consume.</p><p>A stock split makes it easier for investors to buy whole shares of a company stock by lowering the price tag. If shares of Tesla stock are $900 before the stock split, the shares will drop to $300 after the 3-for-1 stock split.</p><p><b>Is a stock split a positive sign for a company?</b></p><p>A stock split helps make a stock with a high price tag more affordable to retail investors. But that&#39;s not a big deal in this era since many investors can get their hands on stocks by purchasing fractional shares. However, there are some investors who like the idea of grabbing a whole share of Tesla without breaking the bank. Stock splits open the doors for more investors to accumulate whole shares of a company stock in their portfolio.</p><p>Although stock splits sound fancy, they are more of a cosmetic change. It doesn&#39;t determine the long-term potential of a company. Don&#39;t fall into the trap of believing that stock splits automatically lead to profitability. Do your research before you invest in any stock -- even if the company has a stock split coming up. Review the fundamentals, evaluate management&#39;s leadership style, and do a competitor analysis to see if a company deserves a spot in your portfolio.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders</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\">\nHere's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-22 22:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSTesla shareholders voted in favor of a 3-for-1 stock split at the company's annual meeting on Aug. 4.Shareholders will see more shares of Tesla stock in their account after the stock split ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261515445","content_text":"KEY POINTSTesla shareholders voted in favor of a 3-for-1 stock split at the company's annual meeting on Aug. 4.Shareholders will see more shares of Tesla stock in their account after the stock split takes place on Aug. 24.The shares will trade at a split-adjusted price on Aug. 25.Tesla is moving forward with its second stock split on Aug. 24. Shareholders approved the 3-for-1 stock split at the company's annual meeting this month.If you're confused about stock splits, below is a breakdown of how they work, so you can set your expectations.Image source: Getty Images.Stock splits are taking over headlines in 2022Large tech companies have been dominating stock-split news this year. Amazon pursued its first stock split since the dot-com boom, completing a 20-for-1 stock split on June 3. E-commerce giant Shopify completed a 10-for-1 split of its common stock on June 28. Then, the parent company of Google, Alphabet, wrapped up a 20-for-1 stock split on July 15.Now, Tesla is back in the spotlight after completing a 5-for-1 stock split in 2020. The electric vehicle maker hinted at a stock split earlier this year, and now the big day is taking place this month. If you haven't been following Tesla this year, here's a look at the company's stock-split timeline.March 28, 2022: Tesla informed the SEC about its stock-split intentions via Form 8-K.June 6, 2022: If you were a shareholder as of close of business on this date, you received an invitation to Tesla's annual shareholders meeting.June 10, 2022: Tesla filed another form with the SEC, announcing a proposed 3-for-1 stock split.Aug. 4, 2022: Shareholders voted in favor of the 3-for-1 stock split at the 2022 Annual Meeting of Shareholders.Aug. 17, 2022: Stockholders of record on this date will receive two new shares for every one share they own.Aug. 24, 2022: The stock split will take place after the close of trading on this date.Aug. 25, 2022: Tesla shares will trade at a split-adjusted price on this date.As you can see, a stock split doesn't happen overnight. A company needs to file paperwork with the SEC to express its intentions, and then shareholders must give the company the green light to move forward with the stock split.What happens when a stock splits?A stock split may be popular, but that doesn't mean it's profitable. A stock split in itself won't make a company's market capitalization rise or change its intrinsic value. But it does increase the number of a company's outstanding shares. You'll notice more shares of a company stock in your account, but the overall value of your shares won't change. That's why a stock split is not a taxable event in itself. It doesn't leave you with more money in your pockets.Let's dive into Tesla's stock split. The company is doing a 3-for-1 split. That means investors will receive two extra shares of Tesla for every one share they own.If you own five shares of Tesla, you'll wake up to 15 shares of the company after the stock split. If you own 10 shares of Tesla, you'll have 30 shares later. If you own fractional shares, you'll still have a chance to participate in the stock split. You'll just have to do the math to see how your fractional shares will multiply after the stock split.You can think of a stock split like getting slices of pizza. If you have a whole pizza, you can slice it into three equal parts like a 3-for-1 stock split. The amount of pizza you have is still the same. When you slice it, you break it up into bite-sized pieces so it's easier to consume.A stock split makes it easier for investors to buy whole shares of a company stock by lowering the price tag. If shares of Tesla stock are $900 before the stock split, the shares will drop to $300 after the 3-for-1 stock split.Is a stock split a positive sign for a company?A stock split helps make a stock with a high price tag more affordable to retail investors. But that's not a big deal in this era since many investors can get their hands on stocks by purchasing fractional shares. However, there are some investors who like the idea of grabbing a whole share of Tesla without breaking the bank. Stock splits open the doors for more investors to accumulate whole shares of a company stock in their portfolio.Although stock splits sound fancy, they are more of a cosmetic change. It doesn't determine the long-term potential of a company. Don't fall into the trap of believing that stock splits automatically lead to profitability. Do your research before you invest in any stock -- even if the company has a stock split coming up. Review the fundamentals, evaluate management's leadership style, and do a competitor analysis to see if a company deserves a spot in your portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990602025,"gmtCreate":1660347060770,"gmtModify":1676533453401,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990602025","repostId":"2258861097","repostType":4,"repost":{"id":"2258861097","pubTimestamp":1660318203,"share":"https://ttm.financial/m/news/2258861097?lang=&edition=fundamental","pubTime":"2022-08-12 23:30","market":"us","language":"en","title":"4 Index Funds to Retire a Millionaire Without Lifting a Finger","url":"https://stock-news.laohu8.com/highlight/detail?id=2258861097","media":"Motley Fool","summary":"For many of us, becoming a millionaire is surprisingly possible.","content":"<html><head></head><body><p>So you&#39;d like to retire a millionaire. Who wouldn&#39;t? (Well, maybe billionaires.) In many ways, it all boils down to math: Invest a particular sum (ideally regularly), earn a particular return, and in a particular number of years, you&#39;ll get there.</p><p>A single lottery ticket <i>might</i> work, but really, whether you buy a ticket or not, your odds of winning a big jackpot are nearly the same. Instead, consider a much more reliable -- and <i>easy -- </i>strategy: investing in stocks over many years. Here&#39;s how to do that through index funds.</p><h2>Here&#39;s the math for becoming a millionaire</h2><p>The table below shows how you can build wealth over different multiyear periods with regular investments of various sizes. Clearly, achieving millionaire status is possible, but you&#39;ll need to be diligent to get there. And if you don&#39;t have lots of decades ahead of you, you&#39;ll want to be investing a <i>lot </i>each year.</p><table><thead><tr><th><p>Growing at 8% for...</p></th><th><p>$10,000 Invested Annually</p></th><th><p>$15,000 Invested Annually</p></th><th><p>$20,000 Invested Annually</p></th></tr></thead><tbody><tr><td width=\"145\"><p>5 years</p></td><td width=\"142\"><p>$63,359</p></td><td width=\"138\"><p>$95,039</p></td><td width=\"132\"><p>$126,718</p></td></tr><tr><td width=\"145\"><p>10 years</p></td><td width=\"142\"><p>$156,455</p></td><td width=\"138\"><p>$234,682</p></td><td width=\"132\"><p>$312,910</p></td></tr><tr><td width=\"145\"><p>15 years</p></td><td width=\"142\"><p>$293,243</p></td><td width=\"138\"><p>$439,864</p></td><td width=\"132\"><p>$586,486</p></td></tr><tr><td width=\"145\"><p>20 years</p></td><td width=\"142\"><p>$494,229</p></td><td width=\"138\"><p>$741,344</p></td><td width=\"132\"><p>$988,458</p></td></tr><tr><td width=\"145\"><p>25 years</p></td><td width=\"142\"><p>$789,544</p></td><td width=\"138\"><p>$1,184,316</p></td><td width=\"132\"><p>$1,579,088</p></td></tr><tr><td width=\"145\"><p>30 years</p></td><td width=\"142\"><p>$1,223,459</p></td><td width=\"138\"><p>$1,835,188</p></td><td width=\"132\"><p>$2,446,917</p></td></tr></tbody></table><p>Data source: Calculations by author.</p><p>That 8% annual average growth rate isn&#39;t guaranteed, either. The stock market&#39;s average annual return over long periods is close to 10%, but it will likely be at least a little higher or lower over <i>your</i> particular investing time frame, and may be a lot higher or lower.</p><p>Here are four index funds that may deliver average annual gains of 8% to 10%, on average, over your investing time frame.</p><h2>Four promising index funds</h2><h3>SPDR S&amp;P 500 ETF</h3><p>As a reminder, an index fund is a mutual fund or exchange-traded fund (ETF) that aims to deliver approximately the same returns as a particular index by holding the same securities in the same proportions. Index funds are great for most of us, with the best index funds offering solid performance, low fees, and simplicity. Buy the shares and then trust in the long-term growth of the economy.</p><p>The <b>SPDR S&amp;P 500 ETF</b> tracks the <b>S&amp;P 500</b> index of 500 of America&#39;s biggest companies, such as <b>CVS Health</b>, <b>Amazon.com</b>, <b>Johnson &amp; Johnson</b>, and <b>Pfizer</b>. There are thousands of publicly traded companies in America, but these 500 together make up around 80% of the entire market.</p><p>Lots of financial services companies offer S&amp;P 500 index funds, and there&#39;s a good chance that your company&#39;s 401(k) plan offers one, too. Any such fund, as long as it&#39;s a low-fee index fund, will be a solid candidate for your portfolio.</p><p>Over the past 10 and 15 years, the SPDR S&amp;P 500 ETF has averaged annual gains of 13.6% and 9.4%, respectively.</p><h3>Vanguard Total Stock Market ETF</h3><p>If you&#39;d rather spread your dollars (or some of your dollars) across an index that represents roughly 100% of the total U.S. market instead of just 80%, look at a &#34;total stock market&#34; index fund, like the <b>Vanguard Total Stock Market ETF</b>. It contains more than 4,000 different stocks, including lots of smaller- and small-cap companies, such as <b>BJ&#39;s Wholesale Club</b> and <b>Texas Roadhouse</b>.</p><p>Over the past 10 and 15 years, the Vanguard Total Stock Market ETF has averaged annual gains of 13.4% and 9.5%, respectively.</p><h3><a href=\"https://laohu8.com/S/VT\">Vanguard Total World Stock ETF</a></h3><p>You can do very well over the long run just by sticking with an S&amp;P 500 index fund or a total stock market fund, but for those interested, you can spread your dollars even wider by opting for a &#34;total world stock market&#34; fund. Consider the <b>Vanguard Total World Stock ETF</b>. It encompasses more than <i>9,000</i> stocks from countries around the world. Examples include <b>Taiwan Semiconductor</b>, <b>Toyota Motor</b>, <b>Royal</b> <b>Bank of Canada</b>, and of course, all those companies in the previous two index funds.</p><p>Over the past 10 years, the Vanguard Total World Stock ETF has averaged annual gains of 9.6%. It doesn&#39;t yet have a 15-year average.</p><h3>Invesco QQQ ETF</h3><p>Finally, if you&#39;d like to aim for a higher growth rate than those offered by index funds targeting much of the United States or world market, consider the <b>Invesco QQQ ETF</b>. The focus of the Invesco QQQ ETF is much narrower, as it tracks the <b>Nasdaq-100 Index</b> of the 100 largest non-financial companies listed on the Nasdaq stock exchange, based on market cap. These are mostly well-known growth stocks. Here are the recent top holdings:</p><ul><li><b>Apple</b></li><li><b>Microsoft</b></li><li>Amazon.com</li><li><b>Tesla</b></li><li><b>Alphabet</b></li><li><b><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></b></li><li><b>Nvidia</b></li><li><b>PepsiCo</b></li><li><b>Costco</b></li></ul><p>Other components include <b>Starbucks</b>, <b>Airbnb</b>, and <b>Intuitive Surgical</b>. Over the past 10 and 15 years, the Invesco QQQ ETF has averaged annual gains of 18.4% and 14.6%, respectively.</p><p>With the overall market slumping significantly in recent months, and many growth stocks being hit especially hard, this is a great time to invest in one or more index funds, as prices are low. Give these ETFs some thought and start investing in earnest if you&#39;re aiming to be a millionaire.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Index Funds to Retire a Millionaire Without Lifting a Finger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Index Funds to Retire a Millionaire Without Lifting a Finger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-12 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/11/4-index-funds-to-retire-a-millionaire/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>So you'd like to retire a millionaire. Who wouldn't? (Well, maybe billionaires.) In many ways, it all boils down to math: Invest a particular sum (ideally regularly), earn a particular return, and in ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/11/4-index-funds-to-retire-a-millionaire/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VTI":"大盘指数ETF-Vanguard MSCI","VT":"世界全股市ETF-Vanguard","SPY":"标普500ETF","QQQ":"纳指100ETF"},"source_url":"https://www.fool.com/investing/2022/08/11/4-index-funds-to-retire-a-millionaire/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258861097","content_text":"So you'd like to retire a millionaire. Who wouldn't? (Well, maybe billionaires.) In many ways, it all boils down to math: Invest a particular sum (ideally regularly), earn a particular return, and in a particular number of years, you'll get there.A single lottery ticket might work, but really, whether you buy a ticket or not, your odds of winning a big jackpot are nearly the same. Instead, consider a much more reliable -- and easy -- strategy: investing in stocks over many years. Here's how to do that through index funds.Here's the math for becoming a millionaireThe table below shows how you can build wealth over different multiyear periods with regular investments of various sizes. Clearly, achieving millionaire status is possible, but you'll need to be diligent to get there. And if you don't have lots of decades ahead of you, you'll want to be investing a lot each year.Growing at 8% for...$10,000 Invested Annually$15,000 Invested Annually$20,000 Invested Annually5 years$63,359$95,039$126,71810 years$156,455$234,682$312,91015 years$293,243$439,864$586,48620 years$494,229$741,344$988,45825 years$789,544$1,184,316$1,579,08830 years$1,223,459$1,835,188$2,446,917Data source: Calculations by author.That 8% annual average growth rate isn't guaranteed, either. The stock market's average annual return over long periods is close to 10%, but it will likely be at least a little higher or lower over your particular investing time frame, and may be a lot higher or lower.Here are four index funds that may deliver average annual gains of 8% to 10%, on average, over your investing time frame.Four promising index fundsSPDR S&P 500 ETFAs a reminder, an index fund is a mutual fund or exchange-traded fund (ETF) that aims to deliver approximately the same returns as a particular index by holding the same securities in the same proportions. Index funds are great for most of us, with the best index funds offering solid performance, low fees, and simplicity. Buy the shares and then trust in the long-term growth of the economy.The SPDR S&P 500 ETF tracks the S&P 500 index of 500 of America's biggest companies, such as CVS Health, Amazon.com, Johnson & Johnson, and Pfizer. There are thousands of publicly traded companies in America, but these 500 together make up around 80% of the entire market.Lots of financial services companies offer S&P 500 index funds, and there's a good chance that your company's 401(k) plan offers one, too. Any such fund, as long as it's a low-fee index fund, will be a solid candidate for your portfolio.Over the past 10 and 15 years, the SPDR S&P 500 ETF has averaged annual gains of 13.6% and 9.4%, respectively.Vanguard Total Stock Market ETFIf you'd rather spread your dollars (or some of your dollars) across an index that represents roughly 100% of the total U.S. market instead of just 80%, look at a \"total stock market\" index fund, like the Vanguard Total Stock Market ETF. It contains more than 4,000 different stocks, including lots of smaller- and small-cap companies, such as BJ's Wholesale Club and Texas Roadhouse.Over the past 10 and 15 years, the Vanguard Total Stock Market ETF has averaged annual gains of 13.4% and 9.5%, respectively.Vanguard Total World Stock ETFYou can do very well over the long run just by sticking with an S&P 500 index fund or a total stock market fund, but for those interested, you can spread your dollars even wider by opting for a \"total world stock market\" fund. Consider the Vanguard Total World Stock ETF. It encompasses more than 9,000 stocks from countries around the world. Examples include Taiwan Semiconductor, Toyota Motor, Royal Bank of Canada, and of course, all those companies in the previous two index funds.Over the past 10 years, the Vanguard Total World Stock ETF has averaged annual gains of 9.6%. It doesn't yet have a 15-year average.Invesco QQQ ETFFinally, if you'd like to aim for a higher growth rate than those offered by index funds targeting much of the United States or world market, consider the Invesco QQQ ETF. The focus of the Invesco QQQ ETF is much narrower, as it tracks the Nasdaq-100 Index of the 100 largest non-financial companies listed on the Nasdaq stock exchange, based on market cap. These are mostly well-known growth stocks. Here are the recent top holdings:AppleMicrosoftAmazon.comTeslaAlphabetMeta PlatformsNvidiaPepsiCoCostcoOther components include Starbucks, Airbnb, and Intuitive Surgical. Over the past 10 and 15 years, the Invesco QQQ ETF has averaged annual gains of 18.4% and 14.6%, respectively.With the overall market slumping significantly in recent months, and many growth stocks being hit especially hard, this is a great time to invest in one or more index funds, as prices are low. Give these ETFs some thought and start investing in earnest if you're aiming to be a millionaire.","news_type":1},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954444556,"gmtCreate":1676591982975,"gmtModify":1676591985775,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954444556","repostId":"2311464379","repostType":4,"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997821764,"gmtCreate":1661781935360,"gmtModify":1676536577725,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997821764","repostId":"2262162956","repostType":2,"repost":{"id":"2262162956","pubTimestamp":1661786631,"share":"https://ttm.financial/m/news/2262162956?lang=&edition=fundamental","pubTime":"2022-08-29 23:23","market":"us","language":"en","title":"Nasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2262162956","media":"Motley Fool","summary":"These fast-paced companies with unmatched innovative capacity are screaming buys following a peak decline of 34% in the Nasdaq Composite.","content":"<html><head></head><body><p>This year has served as a kick-in-the-pants reminder that the stock market doesn&#39;t rise in a straight line -- even if 2021 gave off the impression that it did. Since hitting their respective all-time highs between mid-November and the first week of January, the iconic <b>Dow Jones Industrial Average</b>, benchmark <b>S&amp;P 500</b>, and growth-focused <b>Nasdaq Composite</b>, plunged by as much as 19%, 24%, and 34%. The greater than 20% declines in the S&amp;P 500 and Nasdaq firmly placed both indexes in a bear market.</p><p>To not beat around the bush, bear markets can be scary. The velocity and unpredictability of downside moves can truly test the resolve of investors. But if history has a say, bear markets are also the perfect time to put your money to work. That&#39;s because every major stock market decline throughout history has, eventually, been erased by a bull market.</p><p>With the Nasdaq Composite getting hit harder than the other indexes, it looks like the ideal time to invest in growth stocks with unmatched innovative capacity and sustainable competitive advantages. What follows are five unsurpassable growth stocks you&#39;ll regret not buying on the Nasdaq bear market dip.</p><h2><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></h2><p>The first phenomenal growth stock you&#39;ll be kicking yourself over if you don&#39;t buy it during the Nasdaq bear market dip is social media giant <b>Meta Platforms</b>. Meta is the company formerly known as Facebook.</p><p>Although advertising spending has been hit hard in 2022 as historically high inflation and back-to-back quarters of U.S. gross domestic product declines suppress discretionary spending, Meta remains well-positioned to capitalize on disproportionately long periods of economic expansion. Facebook, WhatsApp, Instagram, and Facebook Messenger, are consistently among the most-downloaded apps worldwide. With 3.65 billion people visiting its sites on a monthly basis (that&#39;s over half the global adult population), Meta is in prime position to command strong ad-pricing power.</p><p>The other reason to like Meta is the company&#39;s aggressive investments in the &#34;metaverse&#34; -- i.e., the next iteration of the internet which&#39;ll allow connected users the ability to interact with each other and their environments in a 3D virtual world. Though it&#39;ll take a few more years before the metaverse is ready to be meaningfully monetized, Meta fixes to be a key on-ramp to this multitrillion-dollar opportunity.</p><p>Shares of Meta Platforms are cheaper than they&#39;ve ever been on a forward-earning basis as a publicly traded company. That makes this social-media maven a screaming buy at the moment.</p><h2><a href=\"https://laohu8.com/S/PUBM\">PubMatic</a></h2><p>A second stellar growth stock begging to be bought as the Nasdaq Composite plunges is cloud-based programmatic adtech company <b>PubMatic</b>. Although PubMatic is contending with same advertising spending weakness as Meta, it&#39;s on track to grow by a considerably faster rate.</p><p>PubMatic is what&#39;s known as a sell-side provider (SSPs) in the adtech space. This is a fancy way of saying that it specializes in selling digital display space for publishers. Because there aren&#39;t many SSPs for publishers to choose from, and ad dollars have been steadily shifting to digital formats, such as video, mobile, and over-the-top streaming, PubMatic has consistently delivered organic growth of at least twice the industry average.</p><p>Perhaps the best aspect of PubMatic is its internally designed cloud infrastructure platform. Rather than relying on a third party for its platform. PubMatic built its infrastructure. While costly in the beginning, handling its own infrastructure should result in substantially higher operating margins than its peers as revenue scales.</p><p>If you need one more solid reason to trust in PubMatic, consider this: The company ended June with $183 million in cash, cash equivalents, and marketable securities, and <i>no debt</i>!</p><h2><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies</a></h2><p>The third unsurpassable growth stock worth buying on the Nasdaq bear market dip is artificial intelligence (AI)-driven data-mining company <b>Palantir Technologies</b>. Palantir&#39;s valuation used to be its biggest obstacle. But following a greater than 80% retracement in its share price, it&#39;s now ripe for the picking.</p><p>What makes Palantir such an intriguing investment for long-term growth investors is that there&#39;s no other company offering what it does at scale. The company&#39;s AI-based Gotham platform helps government agencies with missions and data gathering. Meanwhile, the Foundry platform is focused on helping businesses streamline their operations by making sense of large amounts of data.</p><p>For the past couple of years, Gotham has been Palantir&#39;s primary growth driver. Being awarded large government contracts that can span four or more years has helped the company grow its sales by 30% or more on a consistent basis. But looking ahead, Foundry is Palantir&#39;s golden ticket. Whereas not all governments can utilize Palantir&#39;s proprietary software, Foundry&#39;s ceiling is <i>much</i> higher. As of June 30, 2022, Palantir had 119 commercial customers, which was up 250% from the prior-year period.</p><p>Though recurring profitability could be a few years away, Palantir&#39;s superb topline growth and niche industry positioning can send shares significantly higher.</p><h2><a href=\"https://laohu8.com/S/LOVE\">Lovesac</a></h2><p>A fourth exceptional growth stock you&#39;ll be mad at yourself for not buying on the Nasdaq bear market decline is furniture company <b>Lovesac</b>. <i>Yes</i>, I really said &#34;growth&#34; and &#34;furniture company&#34; in the same sentence.</p><p>Whereas most brick-and-mortar furniture companies are slow-growing, stodgy businesses, Lovesac is turning the industry on its head in two key ways.</p><p>First off, its furniture is unique. The company&#39;s &#34;sactionals&#34; -- a sactional is a modular couch that can be rearranged dozens of ways to fit most living spaces -- account for nearly 88% of net sales and incorporate function, choice, and ecofriendly materials. Sactionals can be upgraded to include surround-sound systems and wireless charging stations, and they have over 200 cover choices. Further, the yarn used in these covers is made entirely from recycled plastic water bottles.</p><p>Secondly, Lovesac&#39;s omnichannel sales platform has led it to success. Despite having 162 retail locations in 40 states, the company&#39;s substantially higher margins are a reflection of its direct-to-consumer emphasis, as well as pop-up showrooms and brand-name partnerships.  With less inventory needed in physical retail stores, Lovesac&#39;s overhead expenses are considerably lower than its peers.</p><h2>Alphabet</h2><p>The fifth and final unsurpassable growth stock you&#39;ll regret not buying during the Nasdaq bear market dip is FAANG stock <b>Alphabet</b>. Alphabet is the parent of internet search engine Google, streaming platform YouTube, and autonomous car company Waymo.</p><p>The no-brainer reason to pile into Alphabet is the company&#39;s absolutely dominant internet search engine, Google. According to data from GlobalStats, Google has accounted for no less than 91% of worldwide internet search share for the trailing 24 months. With an 88-percentage-point lead over its next-closest competitor, it should come as no surprise that Alphabet is able to command exceptional ad-pricing power.</p><p>But what Wall Street and investors are most-excited about is what Alphabet is doing with its available cash and operating cash flow. For instance, investments in YouTube have paid off handsomely. Easily one of the best acquisitions in history (Google acquired YouTube for $1.65 billion in 2006), YouTube has become the second most-visited social site in the world. As you can imagine, this has helped tremendously with ad and subscription revenue.</p><p>There&#39;s also Google Cloud, which has vaulted to the No. 3 spot in cloud-service market share. Cloud infrastructure spending is still in its early innings, which means Google Cloud could become a key driver of operating cash flow for parent company Alphabet by as soon as mid-decade.</p><p>Like Meta Platforms, Alphabet has simply never been cheaper as a publicly traded company.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNasdaq Bear Market: 5 Unsurpassable Growth Stocks You'll Regret Not Buying on the Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-29 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/28/nasdaq-bear-market-5-growth-stocks-regret-not-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This year has served as a kick-in-the-pants reminder that the stock market doesn't rise in a straight line -- even if 2021 gave off the impression that it did. Since hitting their respective all-time ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/28/nasdaq-bear-market-5-growth-stocks-regret-not-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc.","GOOG":"谷歌","PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2022/08/28/nasdaq-bear-market-5-growth-stocks-regret-not-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262162956","content_text":"This year has served as a kick-in-the-pants reminder that the stock market doesn't rise in a straight line -- even if 2021 gave off the impression that it did. Since hitting their respective all-time highs between mid-November and the first week of January, the iconic Dow Jones Industrial Average, benchmark S&P 500, and growth-focused Nasdaq Composite, plunged by as much as 19%, 24%, and 34%. The greater than 20% declines in the S&P 500 and Nasdaq firmly placed both indexes in a bear market.To not beat around the bush, bear markets can be scary. The velocity and unpredictability of downside moves can truly test the resolve of investors. But if history has a say, bear markets are also the perfect time to put your money to work. That's because every major stock market decline throughout history has, eventually, been erased by a bull market.With the Nasdaq Composite getting hit harder than the other indexes, it looks like the ideal time to invest in growth stocks with unmatched innovative capacity and sustainable competitive advantages. What follows are five unsurpassable growth stocks you'll regret not buying on the Nasdaq bear market dip.Meta PlatformsThe first phenomenal growth stock you'll be kicking yourself over if you don't buy it during the Nasdaq bear market dip is social media giant Meta Platforms. Meta is the company formerly known as Facebook.Although advertising spending has been hit hard in 2022 as historically high inflation and back-to-back quarters of U.S. gross domestic product declines suppress discretionary spending, Meta remains well-positioned to capitalize on disproportionately long periods of economic expansion. Facebook, WhatsApp, Instagram, and Facebook Messenger, are consistently among the most-downloaded apps worldwide. With 3.65 billion people visiting its sites on a monthly basis (that's over half the global adult population), Meta is in prime position to command strong ad-pricing power.The other reason to like Meta is the company's aggressive investments in the \"metaverse\" -- i.e., the next iteration of the internet which'll allow connected users the ability to interact with each other and their environments in a 3D virtual world. Though it'll take a few more years before the metaverse is ready to be meaningfully monetized, Meta fixes to be a key on-ramp to this multitrillion-dollar opportunity.Shares of Meta Platforms are cheaper than they've ever been on a forward-earning basis as a publicly traded company. That makes this social-media maven a screaming buy at the moment.PubMaticA second stellar growth stock begging to be bought as the Nasdaq Composite plunges is cloud-based programmatic adtech company PubMatic. Although PubMatic is contending with same advertising spending weakness as Meta, it's on track to grow by a considerably faster rate.PubMatic is what's known as a sell-side provider (SSPs) in the adtech space. This is a fancy way of saying that it specializes in selling digital display space for publishers. Because there aren't many SSPs for publishers to choose from, and ad dollars have been steadily shifting to digital formats, such as video, mobile, and over-the-top streaming, PubMatic has consistently delivered organic growth of at least twice the industry average.Perhaps the best aspect of PubMatic is its internally designed cloud infrastructure platform. Rather than relying on a third party for its platform. PubMatic built its infrastructure. While costly in the beginning, handling its own infrastructure should result in substantially higher operating margins than its peers as revenue scales.If you need one more solid reason to trust in PubMatic, consider this: The company ended June with $183 million in cash, cash equivalents, and marketable securities, and no debt!Palantir TechnologiesThe third unsurpassable growth stock worth buying on the Nasdaq bear market dip is artificial intelligence (AI)-driven data-mining company Palantir Technologies. Palantir's valuation used to be its biggest obstacle. But following a greater than 80% retracement in its share price, it's now ripe for the picking.What makes Palantir such an intriguing investment for long-term growth investors is that there's no other company offering what it does at scale. The company's AI-based Gotham platform helps government agencies with missions and data gathering. Meanwhile, the Foundry platform is focused on helping businesses streamline their operations by making sense of large amounts of data.For the past couple of years, Gotham has been Palantir's primary growth driver. Being awarded large government contracts that can span four or more years has helped the company grow its sales by 30% or more on a consistent basis. But looking ahead, Foundry is Palantir's golden ticket. Whereas not all governments can utilize Palantir's proprietary software, Foundry's ceiling is much higher. As of June 30, 2022, Palantir had 119 commercial customers, which was up 250% from the prior-year period.Though recurring profitability could be a few years away, Palantir's superb topline growth and niche industry positioning can send shares significantly higher.LovesacA fourth exceptional growth stock you'll be mad at yourself for not buying on the Nasdaq bear market decline is furniture company Lovesac. Yes, I really said \"growth\" and \"furniture company\" in the same sentence.Whereas most brick-and-mortar furniture companies are slow-growing, stodgy businesses, Lovesac is turning the industry on its head in two key ways.First off, its furniture is unique. The company's \"sactionals\" -- a sactional is a modular couch that can be rearranged dozens of ways to fit most living spaces -- account for nearly 88% of net sales and incorporate function, choice, and ecofriendly materials. Sactionals can be upgraded to include surround-sound systems and wireless charging stations, and they have over 200 cover choices. Further, the yarn used in these covers is made entirely from recycled plastic water bottles.Secondly, Lovesac's omnichannel sales platform has led it to success. Despite having 162 retail locations in 40 states, the company's substantially higher margins are a reflection of its direct-to-consumer emphasis, as well as pop-up showrooms and brand-name partnerships.  With less inventory needed in physical retail stores, Lovesac's overhead expenses are considerably lower than its peers.AlphabetThe fifth and final unsurpassable growth stock you'll regret not buying during the Nasdaq bear market dip is FAANG stock Alphabet. Alphabet is the parent of internet search engine Google, streaming platform YouTube, and autonomous car company Waymo.The no-brainer reason to pile into Alphabet is the company's absolutely dominant internet search engine, Google. According to data from GlobalStats, Google has accounted for no less than 91% of worldwide internet search share for the trailing 24 months. With an 88-percentage-point lead over its next-closest competitor, it should come as no surprise that Alphabet is able to command exceptional ad-pricing power.But what Wall Street and investors are most-excited about is what Alphabet is doing with its available cash and operating cash flow. For instance, investments in YouTube have paid off handsomely. Easily one of the best acquisitions in history (Google acquired YouTube for $1.65 billion in 2006), YouTube has become the second most-visited social site in the world. As you can imagine, this has helped tremendously with ad and subscription revenue.There's also Google Cloud, which has vaulted to the No. 3 spot in cloud-service market share. Cloud infrastructure spending is still in its early innings, which means Google Cloud could become a key driver of operating cash flow for parent company Alphabet by as soon as mid-decade.Like Meta Platforms, Alphabet has simply never been cheaper as a publicly traded company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998997315,"gmtCreate":1660915497139,"gmtModify":1676536422634,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"P","listText":"P","text":"P","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998997315","repostId":"2260636851","repostType":4,"repost":{"id":"2260636851","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":1660854213,"share":"https://ttm.financial/m/news/2260636851?lang=&edition=fundamental","pubTime":"2022-08-19 04:23","market":"us","language":"en","title":"US STOCKS-Wall St Ends Higher, Cisco Systems Jumps After Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2260636851","media":"Reuters","summary":"(Reuters) - U.S. stocks ended higher Thursday as an upbeat sales forecast from Cisco Systems helped ","content":"<html><head></head><body><p>(Reuters) - U.S. stocks ended higher Thursday as an upbeat sales forecast from <a href=\"https://laohu8.com/S/CSCO\">Cisco Systems</a> helped to lift the technology sector, while data showed the economy remained relatively strong.</p><p>Investors were still assessing Wednesday&#39;s minutes from the Federal Reserve&#39;s July meeting, which they initially saw as supporting a less aggressive stance by the central bank.</p><p>But the minutes did not clearly hint at the pace of rate increases and showed policymakers committed to raising rates to tame inflation.</p><p>&#34;We&#39;re at a point where people are trying to make a judgment about whether the inevitable higher interest rates are going to choke off the upside of the market,&#34; said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.</p><p>&#34;There are really two camps - one who feels the worst is behind us and continue to buy these selloffs, and the camp that feels the worst is ahead of us and like this is some kind of bear market rally that will retreat.&#34;</p><p>Traders expect a greater chance of a 50 basis point rise in borrowing costs in September instead of a 75 basis point increase for a third time.</p><p>Meanwhile, Cisco&#39;s stock gained 5.8% and was among the biggest positives on the three major indexes, after it provided an upbeat forecast for first-quarter sales late on Wednesday as a COVID-19 recovery in China eased supply chain shortages.</p><p>The Dow Jones Industrial Average rose 18.72 points, or 0.06%, to 33,999.04, the S&amp;P 500 gained 9.7 points, or 0.23%, to 4,283.74 and the Nasdaq Composite added 27.22 points, or 0.21%, to 12,965.34.</p><p>Volume on U.S. exchanges was last at 9.43 billion shares, which would be the lowest for the year so far.</p><p>Supporting the view that the Fed may need to be more hawkish, data Thursday showed solid momentum on the U.S. economic front.</p><p>The Philadelphia Federal Reserve&#39;s monthly manufacturing index rose to 6.2 this month from negative 12.3 in July, topping all 30 estimates in a poll of Reuters economists.</p><p>Also, a string of U.S. central bank officials said on Thursday the Fed needs to keep raising borrowing costs to bring high inflation under control, although they debated how fast and how high to lift them.</p><p>The Fed has lifted its benchmark interest rate by 225 basis points so far this year.</p><p>Focus now could turn to the Fed&#39;s annual Jackson Hole symposium late next week.</p><p>Other gainers in high-growth stocks included Nvidia , which rose 2.4%.</p><p>Among the day&#39;s decliners, shares of Kohl&#39;s Corp slid 7.7% after the retailer cut its full-year sales and profit forecasts. Target Corp fell 1.3%, adding to losses from Wednesday when it reported a bigger-than-expected 90% fall in quarterly earnings.</p><p>After a brutal start of the year, stocks have jumped since mid-June, partly because of upbeat earnings.</p><p>With the recent big move and second-quarter earnings nearly done, the market may be &#34;at a little bit of an equilibirum,&#34; Meckler said.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.36-to-1 ratio; on Nasdaq, a 1.18-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 5 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 62 new highs and 63 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Ends Higher, Cisco Systems Jumps After Forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Ends Higher, Cisco Systems Jumps After Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-19 04:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - U.S. stocks ended higher Thursday as an upbeat sales forecast from <a href=\"https://laohu8.com/S/CSCO\">Cisco Systems</a> helped to lift the technology sector, while data showed the economy remained relatively strong.</p><p>Investors were still assessing Wednesday&#39;s minutes from the Federal Reserve&#39;s July meeting, which they initially saw as supporting a less aggressive stance by the central bank.</p><p>But the minutes did not clearly hint at the pace of rate increases and showed policymakers committed to raising rates to tame inflation.</p><p>&#34;We&#39;re at a point where people are trying to make a judgment about whether the inevitable higher interest rates are going to choke off the upside of the market,&#34; said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.</p><p>&#34;There are really two camps - one who feels the worst is behind us and continue to buy these selloffs, and the camp that feels the worst is ahead of us and like this is some kind of bear market rally that will retreat.&#34;</p><p>Traders expect a greater chance of a 50 basis point rise in borrowing costs in September instead of a 75 basis point increase for a third time.</p><p>Meanwhile, Cisco&#39;s stock gained 5.8% and was among the biggest positives on the three major indexes, after it provided an upbeat forecast for first-quarter sales late on Wednesday as a COVID-19 recovery in China eased supply chain shortages.</p><p>The Dow Jones Industrial Average rose 18.72 points, or 0.06%, to 33,999.04, the S&amp;P 500 gained 9.7 points, or 0.23%, to 4,283.74 and the Nasdaq Composite added 27.22 points, or 0.21%, to 12,965.34.</p><p>Volume on U.S. exchanges was last at 9.43 billion shares, which would be the lowest for the year so far.</p><p>Supporting the view that the Fed may need to be more hawkish, data Thursday showed solid momentum on the U.S. economic front.</p><p>The Philadelphia Federal Reserve&#39;s monthly manufacturing index rose to 6.2 this month from negative 12.3 in July, topping all 30 estimates in a poll of Reuters economists.</p><p>Also, a string of U.S. central bank officials said on Thursday the Fed needs to keep raising borrowing costs to bring high inflation under control, although they debated how fast and how high to lift them.</p><p>The Fed has lifted its benchmark interest rate by 225 basis points so far this year.</p><p>Focus now could turn to the Fed&#39;s annual Jackson Hole symposium late next week.</p><p>Other gainers in high-growth stocks included Nvidia , which rose 2.4%.</p><p>Among the day&#39;s decliners, shares of Kohl&#39;s Corp slid 7.7% after the retailer cut its full-year sales and profit forecasts. Target Corp fell 1.3%, adding to losses from Wednesday when it reported a bigger-than-expected 90% fall in quarterly earnings.</p><p>After a brutal start of the year, stocks have jumped since mid-June, partly because of upbeat earnings.</p><p>With the recent big move and second-quarter earnings nearly done, the market may be &#34;at a little bit of an equilibirum,&#34; Meckler said.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.36-to-1 ratio; on Nasdaq, a 1.18-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 5 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 62 new highs and 63 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260636851","content_text":"(Reuters) - U.S. stocks ended higher Thursday as an upbeat sales forecast from Cisco Systems helped to lift the technology sector, while data showed the economy remained relatively strong.Investors were still assessing Wednesday's minutes from the Federal Reserve's July meeting, which they initially saw as supporting a less aggressive stance by the central bank.But the minutes did not clearly hint at the pace of rate increases and showed policymakers committed to raising rates to tame inflation.\"We're at a point where people are trying to make a judgment about whether the inevitable higher interest rates are going to choke off the upside of the market,\" said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.\"There are really two camps - one who feels the worst is behind us and continue to buy these selloffs, and the camp that feels the worst is ahead of us and like this is some kind of bear market rally that will retreat.\"Traders expect a greater chance of a 50 basis point rise in borrowing costs in September instead of a 75 basis point increase for a third time.Meanwhile, Cisco's stock gained 5.8% and was among the biggest positives on the three major indexes, after it provided an upbeat forecast for first-quarter sales late on Wednesday as a COVID-19 recovery in China eased supply chain shortages.The Dow Jones Industrial Average rose 18.72 points, or 0.06%, to 33,999.04, the S&P 500 gained 9.7 points, or 0.23%, to 4,283.74 and the Nasdaq Composite added 27.22 points, or 0.21%, to 12,965.34.Volume on U.S. exchanges was last at 9.43 billion shares, which would be the lowest for the year so far.Supporting the view that the Fed may need to be more hawkish, data Thursday showed solid momentum on the U.S. economic front.The Philadelphia Federal Reserve's monthly manufacturing index rose to 6.2 this month from negative 12.3 in July, topping all 30 estimates in a poll of Reuters economists.Also, a string of U.S. central bank officials said on Thursday the Fed needs to keep raising borrowing costs to bring high inflation under control, although they debated how fast and how high to lift them.The Fed has lifted its benchmark interest rate by 225 basis points so far this year.Focus now could turn to the Fed's annual Jackson Hole symposium late next week.Other gainers in high-growth stocks included Nvidia , which rose 2.4%.Among the day's decliners, shares of Kohl's Corp slid 7.7% after the retailer cut its full-year sales and profit forecasts. Target Corp fell 1.3%, adding to losses from Wednesday when it reported a bigger-than-expected 90% fall in quarterly earnings.After a brutal start of the year, stocks have jumped since mid-June, partly because of upbeat earnings.With the recent big move and second-quarter earnings nearly done, the market may be \"at a little bit of an equilibirum,\" Meckler said.Advancing issues outnumbered declining ones on the NYSE by a 1.36-to-1 ratio; on Nasdaq, a 1.18-to-1 ratio favored advancers.The S&P 500 posted 5 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 62 new highs and 63 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954444441,"gmtCreate":1676592358483,"gmtModify":1676592362716,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"G","listText":"G","text":"G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954444441","repostId":"2311646394","repostType":4,"repost":{"id":"2311646394","pubTimestamp":1676527416,"share":"https://ttm.financial/m/news/2311646394?lang=&edition=fundamental","pubTime":"2023-02-16 14:03","market":"us","language":"en","title":"Google: Ignore The Noise, Its AI Is 3X Larger Than ChatGPT","url":"https://stock-news.laohu8.com/highlight/detail?id=2311646394","media":"Seekingalpha","summary":"SummaryGoogle recently showcased its PaLM language model in response to ChatGPT. Its product made a ","content":"<html><head></head><body><h3>Summary</h3><ul><li>Google recently showcased its PaLM language model in response to ChatGPT. Its product made a &#34;mistake&#34;, but I believe this was minor and overblown by the mainstream media.</li><li>Google&#39;s PaLm language model is close to 3 times larger than GPT-3, at a staggering 540 billion parameters, versus GPT-3 at 175 billion parameters.</li><li>Alphabet&#39;s stock is undervalued intrinsically according to my forecasts and discounted cash flow valuation model.</li></ul><p>Google or Alphabet has recently been in the headlines after the company was left playing catch up after Open AI&#39;s ChatGPT, went viral. Google called a &#34;code red&#34; and hastily showcased its PaLM AI system. This was meant to silence concerns that Google was &#34;left behind&#34;. However, after the model made a mistake in answering a question...the company was left red faced. Its share price plummeted by over 7% in a day or wiping ~$100 billion from its market capitalisation. However, before you go and sell Google stock and join the rest of the herd, let&#39;s get some facts. Firstly, Google has been working on AI for decades and created the &#34;Transformer AI&#34; architecture (which ChatGPT is built on!). Secondly, the &#34;mistake&#34; its PaLM model made was extremely minor and blown out of proportional by the mainstream press. Finally, Google&#39;s PaLM model is ~3 times larger than Open AI&#39;s GPT-3 by parameter number. In this post I&#39;m going to break down the known facts regarding the AI models (from scientific papers), before diving into the intrinsic valuation of Google stock.</p><p><img src=\"https://static.tigerbbs.com/d2540a811b87b79c3ab5e4254fa3472e\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><h2>ChatGPT Vs Google PaLM</h2><p>As mentioned in the introduction, ChatGPT or the underlying (GPT-3 model) has received all the &#34;hype&#34;, whereas Google&#39;s PaLM model is much larger. According to a graph I have annotated from a Stanford cited scientific paper. Google&#39;s PaLM has a staggering 540 billion parameters versus GPT 3 at &#34;just&#34; 175 billion parameters. Thus Google&#39;s system has close to 3 times (2.97x) more parameters which is huge. In addition, Google pioneered the &#34;Transformer&#34; AI architecture in 2017, which is the fundamental system PaLM and even GPT-3 is built upon. The company does have a habit of releasing its cutting edge research to forward the progress in science. Its brand is respected for this, but moving forward I believe the company should keep its cards close to its chest to avoid opening up to competitors, as in the case of ChatGPT and now Microsoft, which I will discuss more about later.</p><p><img src=\"https://static.tigerbbs.com/97c37d36c2f2fffe607b57546db85065\" tg-width=\"640\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/></p><p>Large Language Models (Stanford cited research paper)</p><p>Next you may ask, if Google&#39;s system is much larger, why did it make a mistake? To answer this let&#39;s analyse the &#34;mistake&#34;, because mainstream news often doesn&#39;t explain the details. Below you can see a screenshot of the &#34;mistake&#34;. The prompt question asks &#34;What new discoveries from the James Webb Space Telescope can I tell my 9 year old about?&#34;. The third answer (which I&#39;ve highlighted red), says &#34;JWST took the very first pictures of a planet outside of our own solar system&#34;. This is not correct, as the first pictures of these &#34;exoplanets&#34; were taken by the European southern observatory&#39;s telescope in 2004, as confirmed by NASA.</p><p><img src=\"https://static.tigerbbs.com/0d5d7d7748258f662bdb825df8258093\" tg-width=\"640\" tg-height=\"254\" referrerpolicy=\"no-referrer\"/></p><p>Google PaLM Mistake (Google Presentation author screenshot)</p><p>Overall, I don&#39;t deem this &#34;mistake&#34; to be major and was definitely blown out of proportional by the media, thus its stock sell off was likely unjustified. In fact, upon further research I discovered that Google search also makes the same &#34;mistake&#34;. I believe this is because, the James Webb Space Telescope &#34;first took&#34; images of planets outside of our Solar system in 2022, but was not the first to do so. Thus it is simply a word mix up and in fact one could argue that the answer is not actually a mistake. As the prompt asked specifically for &#34;new discoveries&#34;, by the JWST which led to the answer.</p><p><img src=\"https://static.tigerbbs.com/ecba11e4bc1335d123abc1144694f10a\" tg-width=\"640\" tg-height=\"563\" referrerpolicy=\"no-referrer\"/></p><p>Google Search James Webb Telescope &#34;mistake&#34; (Author Google Search)</p><p>It also makes sense to remember ChatGPT has made many mistakes in the past and these are widely known across the internet. For example the below prompt asks &#34;who can create a petition on the UK government e-petitions system&#34;. ChatGPT answers &#34;anyone&#34;, when in reality one must be a British citizen or resident for obvious reasons. In addition, ChatGPT&#39;s training data only goes up to 2021. For example, ChatGPT doesn&#39;t know Argentina won the world cup in 2022. Interestingly, we did not see many of ChatGPT&#39;s mistakes impact Open AI negatively, in fact Microsoft (MSFT) went onto to invest $10 billion into the business.</p><p><img src=\"https://static.tigerbbs.com/83d8652580bc0720c00e6b25267ac4b3\" tg-width=\"640\" tg-height=\"460\" referrerpolicy=\"no-referrer\"/></p><p>ChatGPT mistakes (Jerry Fishendens)</p><p>I believe the difference in positive/negative media coverage has really been all about expectations. Society has a high expectation of Google and the company has a huge amount of responsibility, when compared with a startup such as Open AI, which effectively had nothing to lose by releasing its system to the public in November 2022.</p><p>Google could have released its PaLM model much earlier, as it was announced in April 2022. However, the company has held back for a variety of reasons, from accuracy to safety and bias. Google has a reputation to maintain and thus must ensure its system is immensely accurate before release or its brand would be damaged. In the short term this meant the company has lost out on &#34;hype&#34;, but long term it should be better for the platform (as long as they don&#39;t wait too long). In addition, the safety element is important as the language model needs to ensure it doesn&#39;t entice acts of violence, suicide or even help others plot crimes, hack into systems etc.</p><p>Bias is also an interestingly area, as often these models may contain lots of stereotypical information regarding religion and races, which could be offensive to others. Then of course we have &#34;explainability&#34;, which is the ability of the model to explain how/why it came up with certain answers. Following on from this I noticed a gaping hole in the ChatGPT system. The system doesn&#39;t offer the &#34;source&#34; of any of its information. This means for it to be used as a &#34;search engine&#34; there could be law suits in the pipeline. For example, ChatGPT is &#34;trained&#34; on all the blog posts ever written on the internet, but doesn&#39;t credit the authors. In the traditional search world, when you reference another blog, most people then cite a source (through a backlink). This then gives credit to the original source, while also boosting their website &#34;domain authority&#34; and thus in turn making it more likely to &#34;rank&#34; higher on Google. This system works because the backlinks help generate more website traffic (through rankings), which can then be monetised through adverts and product sales. For example, I have written over 300 blog posts on Seeking Alpha, which has generated millions of views of website traffic and thus a portion of this can be monetised. If a large language model simply scraped this information with no author credit, then there would be no incentive for bloggers to write long term, which would effectively cause the internet&#39;s information to be stunted. Then of course we have plagiarism. I have tested ChatGPT to write mini blog posts on topics and upon running it through a plagiarism checker, copying was detected. Thus this means author credit issues, copyright infringement etc.</p><p>A positive for Google is the company&#39;s core business is internet search, thus the business has a greater chance of introducing sources for data and explainability into its models. In fact this type of technology is called &#34;retrieval based NLP&#34; and is really an extension of traditional search. From the graphic below from a Stanford lecture (sorry about the blur), you can see a question was asked then multiple sources were &#34;scored&#34;, before being synthesised into a single answer with links.</p><p><img src=\"https://static.tigerbbs.com/b06be1170f96dd1c49edce2ef0c81b51\" tg-width=\"640\" tg-height=\"749\" referrerpolicy=\"no-referrer\"/></p><p>Retrieval Based NLP (Stanford lecture author screenshot)</p><p>Microsoft &#34;feels&#34; ahead of Google in generative AI after its $10 billion investment into Open AI and its announced plans to integrate into Bing, Microsoft Edge and other Microsoft products. However, upon closer inspection after visiting Bing and downloading the new &#34;AI powered&#34; edge browser I still found this to be in beta mode and I had to join a waitlist.</p><p></p><p><img src=\"https://static.tigerbbs.com/ed63e1011efab437baae1f6cbafbd38f\" tg-width=\"640\" tg-height=\"233\" referrerpolicy=\"no-referrer\"/></p><p>Bing Generative AI Waitlist (Feb 13th 2023)</p><p>Bing/Microsoft Edge does enable a few stock answers to be given alongside search results, which is pretty messy (in my opinion) and the full functionality is still in the &#34;waitlist&#34; phase. Thus I wouldn&#39;t worry about Bing stealing too much market share from Google anytime soon. In fact, it may actually harm its share as users will likely visit Bing because of the AI hype but then be left disappointed (such as myself). Ironically, in the search term example Bing highlights it ranks a YouTube video at the top (which is owned by Google of course) and is the largest video search engine in the world.</p><p></p><p><img src=\"https://static.tigerbbs.com/22d3f73fddc4ce65f0d1371b8f4b6f6c\" tg-width=\"640\" tg-height=\"407\" referrerpolicy=\"no-referrer\"/></p><p>Bing Specific Search Generative AI (Bing)</p><p>I also did a review of the Google search website traffic versus Bing. Over the past three months Google has generated a staggering 259.8 billion website visits, which is astonishing. Whereas, Bing has generated &#34;just&#34; 3.464 billion website visits between November 2022 and January 2023. Interestingly enough the estimate shows Bing&#39;s search traffic actually dipped slightly from 1.16 billion visits in December 2022, to 1.148 billion in January 2023. As mentioned above, I am expecting a rise in February but if Bing doesn&#39;t show something unique and special, I doubt it will cause a significant shift in users.</p><p><img src=\"https://static.tigerbbs.com/a7280a48cd5ca947d6a584ca3f5ede74\" tg-width=\"640\" tg-height=\"204\" referrerpolicy=\"no-referrer\"/></p><p>Bing vs Google Search Website traffic (author annotation similarweb data)</p><h2>Valuation and Forecasts</h2><p>In my previous post on Google I covered its quarterly financials for the fourth quarter of 2022 in detail which you can review. Thus in this post I will just hop straight into the valuation. I have forecast 4% revenue growth for &#34;next year&#34; which in my model refers to the next four quarters. This is conservative but still slightly greater than the 1% year over year growth reported in Q4,22 at $76 billion. However, it should be noted its growth was mostly impacted by an eye watering $3 billion foreign exchange rate headwind. As on a constant currency basis, revenue actually increased by 7% year over year. The U.S dollar has started to correct down relative to the Euro very recently and thus I don&#39;t deem its impact will be as negative in 2023. This is also 1% lower than my previous post as I forecast short term competition headwinds from the new AI developments with Bing.</p><p>For years 2 to 5, I have forecast a greater 11% revenue growth per year, this is a 2% increase per year over my prior valuation model estimates. I forecast this to be driven by an improvement in the cyclical advertising market, as well as continued growth in its Cloud business which grew revenue at a solid 32% YoY in Q4,22, generating $7.3 billion. I also expect Google to improve the monetization of its popular YouTube Shorts format (TikTok equivalent), after initial technical challenges.</p><p><img src=\"https://static.tigerbbs.com/9eaf837d2fc9bf7224aae3e74817dcc6\" tg-width=\"640\" tg-height=\"300\" referrerpolicy=\"no-referrer\"/></p><p>Google stock valuation 1 (created by author Deep Tech Insights)</p><p>I have capitalized the company&#39;s R&amp;D expenses which has boosted net income. In addition, I have forecast a 33% operating margin over next 6 years, this is 1% higher than the prior forecast given AI tailwinds which I believe will drive extra revenue, once Google formally releases its PaLM AI product to the public. This may seem overly confident but the company has achieved a similar margin before in Q3,21. I forecast this to be driven by the aforementioned factors included Cloud business growth, advertising market rebound and enhanced revenue from subscription services such as YouTube premium.</p><p><img src=\"https://static.tigerbbs.com/e3c15abbb8d8b5e48ff8c68b02a101ea\" tg-width=\"640\" tg-height=\"442\" referrerpolicy=\"no-referrer\"/></p><p>Google stock valuation 2 (created by author Deep Tech Insights)</p><p>Given these forecasts I get a fair value of $145/share, the stock is currently trading at $95/share at the time of writing and thus it is over 34.6% undervalued, according to my forecasts and model.</p><p>As an extra datapoint, Alphabet trades at a forward P/E ratio equal to 18.42, which is over 31.6% cheaper than its 5 year average.</p><p><img src=\"https://static.tigerbbs.com/b5f382e0f63fa3d352f4f9266f9c4253\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><h2>Risks</h2><h4>Competition/GPT/Microsoft</h4><p>Google has dominated the search and advertising industry for decades, but now it&#39;s facing competition. As mentioned prior Microsoft&#39;s has invested $10 billion into ChatGPT and CEO Satya Nadella believes the Microsoft Edge browser can now be reborn. On an advertising front Microsoft has partnered with the world&#39;s largest streaming provider Netflix (NFLX), as its official advertising partner, which signals Microsoft&#39;s push into the advertising market.</p><p>On a technical front Microsoft (with Nvidia) has created a huge natural language model dubbed the &#34;Megatron-Turning&#34;, which has 530 billion parameters. This is 10 billion parameters less than Google&#39;s PaLM, but still pretty close. We do have the upcoming GPT-4, which many believed would be a 10X improvement with over 1 trillion parameters. However, when ChatGPT is asked the figure is closer to 175 billion parameters. Thus there is definitely misinformation going around and Open AI CEO Sam Altman debunked many of these myths. At a StricklyVC event, Altman stated that</p><blockquote>“The GPT-4 rumour mill is a ridiculous thing, I don’t know where it all comes from. It has been going for six months at this volume&#34;</blockquote><p>He also believed the hype was overblown for ChatGPT and was genuinely surprised by the viral reaction. For extra information, Google search queries are incredibly cheap for the company with the cost estimated to be one fifth of a cent. However, natural language model queries are estimated to cost ~5 times more in infrastructure expenses, according to Morgan Stanley analyst, Nowak. Therefore if half of Google&#39;s (3.3 trillion) queries were converted over to natural language models this could result in an extra $6 billion in costs. A positive for Google is I believe natural language queries will create more unique queries with different use cases in aggregate, thus the net benefit will be positive, as I&#39;ve indicated in my long term model.</p><h2>Final Thoughts</h2><p>Google is a tremendous technology company with a strong culture of innovation. I believe ChatGPT is a great &#34;product&#34; and Open AI managed to capture the initial excitement (and training data) of consumers. However, Google has been a pioneer in the AI space for decades and when it comes to search engine integration I believe the company has an edge. The advertising market is going through a cyclical downturn right now and its PaLM model &#34;mistake&#39; was definitely overblown. Given Google&#39;s stock is undervalued intrinsically (according to my forecasts and model) I believe this is just another greater buying opportunity for long term investors.</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>Google: Ignore The Noise, Its AI Is 3X Larger Than ChatGPT</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\">\nGoogle: Ignore The Noise, Its AI Is 3X Larger Than ChatGPT\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-16 14:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4578575-google-ignore-noise-ai-3x-larger-than-chatgpt><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGoogle recently showcased its PaLM language model in response to ChatGPT. Its product made a \"mistake\", but I believe this was minor and overblown by the mainstream media.Google's PaLm language...</p>\n\n<a href=\"https://seekingalpha.com/article/4578575-google-ignore-noise-ai-3x-larger-than-chatgpt\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://seekingalpha.com/article/4578575-google-ignore-noise-ai-3x-larger-than-chatgpt","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2311646394","content_text":"SummaryGoogle recently showcased its PaLM language model in response to ChatGPT. Its product made a \"mistake\", but I believe this was minor and overblown by the mainstream media.Google's PaLm language model is close to 3 times larger than GPT-3, at a staggering 540 billion parameters, versus GPT-3 at 175 billion parameters.Alphabet's stock is undervalued intrinsically according to my forecasts and discounted cash flow valuation model.Google or Alphabet has recently been in the headlines after the company was left playing catch up after Open AI's ChatGPT, went viral. Google called a \"code red\" and hastily showcased its PaLM AI system. This was meant to silence concerns that Google was \"left behind\". However, after the model made a mistake in answering a question...the company was left red faced. Its share price plummeted by over 7% in a day or wiping ~$100 billion from its market capitalisation. However, before you go and sell Google stock and join the rest of the herd, let's get some facts. Firstly, Google has been working on AI for decades and created the \"Transformer AI\" architecture (which ChatGPT is built on!). Secondly, the \"mistake\" its PaLM model made was extremely minor and blown out of proportional by the mainstream press. Finally, Google's PaLM model is ~3 times larger than Open AI's GPT-3 by parameter number. In this post I'm going to break down the known facts regarding the AI models (from scientific papers), before diving into the intrinsic valuation of Google stock.Data by YChartsChatGPT Vs Google PaLMAs mentioned in the introduction, ChatGPT or the underlying (GPT-3 model) has received all the \"hype\", whereas Google's PaLM model is much larger. According to a graph I have annotated from a Stanford cited scientific paper. Google's PaLM has a staggering 540 billion parameters versus GPT 3 at \"just\" 175 billion parameters. Thus Google's system has close to 3 times (2.97x) more parameters which is huge. In addition, Google pioneered the \"Transformer\" AI architecture in 2017, which is the fundamental system PaLM and even GPT-3 is built upon. The company does have a habit of releasing its cutting edge research to forward the progress in science. Its brand is respected for this, but moving forward I believe the company should keep its cards close to its chest to avoid opening up to competitors, as in the case of ChatGPT and now Microsoft, which I will discuss more about later.Large Language Models (Stanford cited research paper)Next you may ask, if Google's system is much larger, why did it make a mistake? To answer this let's analyse the \"mistake\", because mainstream news often doesn't explain the details. Below you can see a screenshot of the \"mistake\". The prompt question asks \"What new discoveries from the James Webb Space Telescope can I tell my 9 year old about?\". The third answer (which I've highlighted red), says \"JWST took the very first pictures of a planet outside of our own solar system\". This is not correct, as the first pictures of these \"exoplanets\" were taken by the European southern observatory's telescope in 2004, as confirmed by NASA.Google PaLM Mistake (Google Presentation author screenshot)Overall, I don't deem this \"mistake\" to be major and was definitely blown out of proportional by the media, thus its stock sell off was likely unjustified. In fact, upon further research I discovered that Google search also makes the same \"mistake\". I believe this is because, the James Webb Space Telescope \"first took\" images of planets outside of our Solar system in 2022, but was not the first to do so. Thus it is simply a word mix up and in fact one could argue that the answer is not actually a mistake. As the prompt asked specifically for \"new discoveries\", by the JWST which led to the answer.Google Search James Webb Telescope \"mistake\" (Author Google Search)It also makes sense to remember ChatGPT has made many mistakes in the past and these are widely known across the internet. For example the below prompt asks \"who can create a petition on the UK government e-petitions system\". ChatGPT answers \"anyone\", when in reality one must be a British citizen or resident for obvious reasons. In addition, ChatGPT's training data only goes up to 2021. For example, ChatGPT doesn't know Argentina won the world cup in 2022. Interestingly, we did not see many of ChatGPT's mistakes impact Open AI negatively, in fact Microsoft (MSFT) went onto to invest $10 billion into the business.ChatGPT mistakes (Jerry Fishendens)I believe the difference in positive/negative media coverage has really been all about expectations. Society has a high expectation of Google and the company has a huge amount of responsibility, when compared with a startup such as Open AI, which effectively had nothing to lose by releasing its system to the public in November 2022.Google could have released its PaLM model much earlier, as it was announced in April 2022. However, the company has held back for a variety of reasons, from accuracy to safety and bias. Google has a reputation to maintain and thus must ensure its system is immensely accurate before release or its brand would be damaged. In the short term this meant the company has lost out on \"hype\", but long term it should be better for the platform (as long as they don't wait too long). In addition, the safety element is important as the language model needs to ensure it doesn't entice acts of violence, suicide or even help others plot crimes, hack into systems etc.Bias is also an interestingly area, as often these models may contain lots of stereotypical information regarding religion and races, which could be offensive to others. Then of course we have \"explainability\", which is the ability of the model to explain how/why it came up with certain answers. Following on from this I noticed a gaping hole in the ChatGPT system. The system doesn't offer the \"source\" of any of its information. This means for it to be used as a \"search engine\" there could be law suits in the pipeline. For example, ChatGPT is \"trained\" on all the blog posts ever written on the internet, but doesn't credit the authors. In the traditional search world, when you reference another blog, most people then cite a source (through a backlink). This then gives credit to the original source, while also boosting their website \"domain authority\" and thus in turn making it more likely to \"rank\" higher on Google. This system works because the backlinks help generate more website traffic (through rankings), which can then be monetised through adverts and product sales. For example, I have written over 300 blog posts on Seeking Alpha, which has generated millions of views of website traffic and thus a portion of this can be monetised. If a large language model simply scraped this information with no author credit, then there would be no incentive for bloggers to write long term, which would effectively cause the internet's information to be stunted. Then of course we have plagiarism. I have tested ChatGPT to write mini blog posts on topics and upon running it through a plagiarism checker, copying was detected. Thus this means author credit issues, copyright infringement etc.A positive for Google is the company's core business is internet search, thus the business has a greater chance of introducing sources for data and explainability into its models. In fact this type of technology is called \"retrieval based NLP\" and is really an extension of traditional search. From the graphic below from a Stanford lecture (sorry about the blur), you can see a question was asked then multiple sources were \"scored\", before being synthesised into a single answer with links.Retrieval Based NLP (Stanford lecture author screenshot)Microsoft \"feels\" ahead of Google in generative AI after its $10 billion investment into Open AI and its announced plans to integrate into Bing, Microsoft Edge and other Microsoft products. However, upon closer inspection after visiting Bing and downloading the new \"AI powered\" edge browser I still found this to be in beta mode and I had to join a waitlist.Bing Generative AI Waitlist (Feb 13th 2023)Bing/Microsoft Edge does enable a few stock answers to be given alongside search results, which is pretty messy (in my opinion) and the full functionality is still in the \"waitlist\" phase. Thus I wouldn't worry about Bing stealing too much market share from Google anytime soon. In fact, it may actually harm its share as users will likely visit Bing because of the AI hype but then be left disappointed (such as myself). Ironically, in the search term example Bing highlights it ranks a YouTube video at the top (which is owned by Google of course) and is the largest video search engine in the world.Bing Specific Search Generative AI (Bing)I also did a review of the Google search website traffic versus Bing. Over the past three months Google has generated a staggering 259.8 billion website visits, which is astonishing. Whereas, Bing has generated \"just\" 3.464 billion website visits between November 2022 and January 2023. Interestingly enough the estimate shows Bing's search traffic actually dipped slightly from 1.16 billion visits in December 2022, to 1.148 billion in January 2023. As mentioned above, I am expecting a rise in February but if Bing doesn't show something unique and special, I doubt it will cause a significant shift in users.Bing vs Google Search Website traffic (author annotation similarweb data)Valuation and ForecastsIn my previous post on Google I covered its quarterly financials for the fourth quarter of 2022 in detail which you can review. Thus in this post I will just hop straight into the valuation. I have forecast 4% revenue growth for \"next year\" which in my model refers to the next four quarters. This is conservative but still slightly greater than the 1% year over year growth reported in Q4,22 at $76 billion. However, it should be noted its growth was mostly impacted by an eye watering $3 billion foreign exchange rate headwind. As on a constant currency basis, revenue actually increased by 7% year over year. The U.S dollar has started to correct down relative to the Euro very recently and thus I don't deem its impact will be as negative in 2023. This is also 1% lower than my previous post as I forecast short term competition headwinds from the new AI developments with Bing.For years 2 to 5, I have forecast a greater 11% revenue growth per year, this is a 2% increase per year over my prior valuation model estimates. I forecast this to be driven by an improvement in the cyclical advertising market, as well as continued growth in its Cloud business which grew revenue at a solid 32% YoY in Q4,22, generating $7.3 billion. I also expect Google to improve the monetization of its popular YouTube Shorts format (TikTok equivalent), after initial technical challenges.Google stock valuation 1 (created by author Deep Tech Insights)I have capitalized the company's R&D expenses which has boosted net income. In addition, I have forecast a 33% operating margin over next 6 years, this is 1% higher than the prior forecast given AI tailwinds which I believe will drive extra revenue, once Google formally releases its PaLM AI product to the public. This may seem overly confident but the company has achieved a similar margin before in Q3,21. I forecast this to be driven by the aforementioned factors included Cloud business growth, advertising market rebound and enhanced revenue from subscription services such as YouTube premium.Google stock valuation 2 (created by author Deep Tech Insights)Given these forecasts I get a fair value of $145/share, the stock is currently trading at $95/share at the time of writing and thus it is over 34.6% undervalued, according to my forecasts and model.As an extra datapoint, Alphabet trades at a forward P/E ratio equal to 18.42, which is over 31.6% cheaper than its 5 year average.Data by YChartsRisksCompetition/GPT/MicrosoftGoogle has dominated the search and advertising industry for decades, but now it's facing competition. As mentioned prior Microsoft's has invested $10 billion into ChatGPT and CEO Satya Nadella believes the Microsoft Edge browser can now be reborn. On an advertising front Microsoft has partnered with the world's largest streaming provider Netflix (NFLX), as its official advertising partner, which signals Microsoft's push into the advertising market.On a technical front Microsoft (with Nvidia) has created a huge natural language model dubbed the \"Megatron-Turning\", which has 530 billion parameters. This is 10 billion parameters less than Google's PaLM, but still pretty close. We do have the upcoming GPT-4, which many believed would be a 10X improvement with over 1 trillion parameters. However, when ChatGPT is asked the figure is closer to 175 billion parameters. Thus there is definitely misinformation going around and Open AI CEO Sam Altman debunked many of these myths. At a StricklyVC event, Altman stated that“The GPT-4 rumour mill is a ridiculous thing, I don’t know where it all comes from. It has been going for six months at this volume\"He also believed the hype was overblown for ChatGPT and was genuinely surprised by the viral reaction. For extra information, Google search queries are incredibly cheap for the company with the cost estimated to be one fifth of a cent. However, natural language model queries are estimated to cost ~5 times more in infrastructure expenses, according to Morgan Stanley analyst, Nowak. Therefore if half of Google's (3.3 trillion) queries were converted over to natural language models this could result in an extra $6 billion in costs. A positive for Google is I believe natural language queries will create more unique queries with different use cases in aggregate, thus the net benefit will be positive, as I've indicated in my long term model.Final ThoughtsGoogle is a tremendous technology company with a strong culture of innovation. I believe ChatGPT is a great \"product\" and Open AI managed to capture the initial excitement (and training data) of consumers. However, Google has been a pioneer in the AI space for decades and when it comes to search engine integration I believe the company has an edge. The advertising market is going through a cyclical downturn right now and its PaLM model \"mistake' was definitely overblown. Given Google's stock is undervalued intrinsically (according to my forecasts and model) I believe this is just another greater buying opportunity for long term investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997826881,"gmtCreate":1661782164045,"gmtModify":1676536577765,"author":{"id":"4090234997856730","authorId":"4090234997856730","name":"T.Dot","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090234997856730","authorIdStr":"4090234997856730"},"themes":[],"htmlText":"G","listText":"G","text":"G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997826881","repostId":"9997861582","repostType":1,"repost":{"id":9997861582,"gmtCreate":1661780986655,"gmtModify":1676536577454,"author":{"id":"9000000000000685","authorId":"9000000000000685","name":"BernardGilbert","avatar":"https://static.tigerbbs.com/bc939ac6fbcb8985885a8a5671929aec","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000685","authorIdStr":"9000000000000685"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OLB\">$OLB Group Inc(OLB)$</a> OLB Group Inc (OLB) has gained Monday morning, with the stock adding 11.24% in pre-market trading to 1.88. OLB's short-term technical score of 89 indicates that the stock has traded more bullishly over the last month than 89% of stocks on the market. In the Software - Application industry, which ranks 134 out of 146 industries, the stock ranks higher than 97% of stocks. OLB Group Inc has risen 12.67% over the past month, closing at $1.49 on August 1. During this period of time, the stock fell as low as $1.12 and as high as $2.03. OLB has an average analyst recommendation of Strong Buy. The company has an average price target of $5.00.OLB Group Inc has a Long-Term Technical rank of 68. This means that trading over the last 200 trad","listText":"<a href=\"https://laohu8.com/S/OLB\">$OLB Group Inc(OLB)$</a> OLB Group Inc (OLB) has gained Monday morning, with the stock adding 11.24% in pre-market trading to 1.88. OLB's short-term technical score of 89 indicates that the stock has traded more bullishly over the last month than 89% of stocks on the market. In the Software - Application industry, which ranks 134 out of 146 industries, the stock ranks higher than 97% of stocks. OLB Group Inc has risen 12.67% over the past month, closing at $1.49 on August 1. During this period of time, the stock fell as low as $1.12 and as high as $2.03. OLB has an average analyst recommendation of Strong Buy. The company has an average price target of $5.00.OLB Group Inc has a Long-Term Technical rank of 68. This means that trading over the last 200 trad","text":"$OLB Group Inc(OLB)$ OLB Group Inc (OLB) has gained Monday morning, with the stock adding 11.24% in pre-market trading to 1.88. OLB's short-term technical score of 89 indicates that the stock has traded more bullishly over the last month than 89% of stocks on the market. In the Software - Application industry, which ranks 134 out of 146 industries, the stock ranks higher than 97% of stocks. OLB Group Inc has risen 12.67% over the past month, closing at $1.49 on August 1. During this period of time, the stock fell as low as $1.12 and as high as $2.03. OLB has an average analyst recommendation of Strong Buy. The company has an average price target of $5.00.OLB Group Inc has a Long-Term Technical rank of 68. This means that trading over the last 200 trad","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997861582","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":604,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}