Novice21 personal page - To The Moon

Novice21

Novice21

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2022-04-15

$Tiger Brokers(TIGR)$Hi

2022-07-12

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Good News Is Bear News for Nvidia Stock

2022-04-19

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Netflix Q1 Earnings are Coming: 3 Most Important Things to Watch

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2 ETFs Warren Buffett Owns Through Berkshire Hathaway -- Should You Buy Them Too?

2022-04-19

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Thoughts On Alibaba Following A Rerating In The Market

2022-08-20

$DUTY FREE INTERNATIONALLIMITED(5SO.SI)$S

2022-07-29

$DUTY FREE INTERNATIONALLIMITED(5SO.SI)$Hi

2022-07-28

$DUTY FREE INTERNATIONALLIMITED(5SO.SI)$Hi

2022-07-19

$DUTY FREE INTERNATIONALLIMITED(5SO.SI)$Hi

2022-07-07

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Why a Rally in Growth Stocks Could Signal "Peak" Fed Hawkishness Has Passed

2022-09-02

$Coca-Cola(KO)$Hi

2022-09-02

$Apple(AAPL)$Hi

2022-08-18

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2022-08-06

$Apple(AAPL)$Hi

2022-04-15

$Tiger Brokers(TIGR)$Hi

2022-08-22

2022-04-26

$Apple(AAPL)$Hi

2022-09-03

$Apple(AAPL)$Hi

2022-08-30

$DUTY FREE INTERNATIONALLIMITED(5SO.SI)$Yes

2022-08-22

$Apple(AAPL)$Hi

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href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Hi","text":"$Apple(AAPL)$Hi","images":[{"img":"https://community-static.tradeup.com/news/21f2de642f96df8c4f994c8ef54edeca","width":"1242","height":"2801"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9939587208","isVote":1,"tweetType":1,"viewCount":21,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9939587305,"gmtCreate":1662132800907,"gmtModify":1676537005308,"author":{"id":"4093788345983180","authorId":"4093788345983180","name":"Novice21","avatar":"https://static.tigerbbs.com/3b3d8e83705d2912d6813f4ebef6e62c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093788345983180","authorIdStr":"4093788345983180"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939587305","repostId":"9939586914","repostType":1,"repost":{"id":9939586914,"gmtCreate":1662132307638,"gmtModify":1676537005160,"author":{"id":"3583305240790225","authorId":"3583305240790225","name":"yaodong","avatar":"https://community-static.tradeup.com/news/6307e004fe9162024f6bf849821188a4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583305240790225","authorIdStr":"3583305240790225"},"themes":[],"htmlText":"Addentax shares opened at $29.53 before sliding.On Wednesday, Addentax uplisted its shares from the OTC market and offered 5M shares at $5 apiece. The shares were halted several times for volatility, eventually eventually closing at $656.54, up 8,654% from Tuesday's OTC close of $7.50.The shares reversed course on Thursday, plunging 95% to close at $30.Incorporated in Nevada, Addentax operates primarily through subsidiaries in China, providing services such as garment manufacturing, epidemic prevention supplies manufacturing and distribution, logistics and property management. The company is headquartered in Shenzhen, China.","listText":"Addentax shares opened at $29.53 before sliding.On Wednesday, Addentax uplisted its shares from the OTC market and offered 5M shares at $5 apiece. The shares were halted several times for volatility, eventually eventually closing at $656.54, up 8,654% from Tuesday's OTC close of $7.50.The shares reversed course on Thursday, plunging 95% to close at $30.Incorporated in Nevada, Addentax operates primarily through subsidiaries in China, providing services such as garment manufacturing, epidemic prevention supplies manufacturing and distribution, logistics and property management. The company is headquartered in Shenzhen, China.","text":"Addentax shares opened at $29.53 before sliding.On Wednesday, Addentax uplisted its shares from the OTC market and offered 5M shares at $5 apiece. The shares were halted several times for volatility, eventually eventually closing at $656.54, up 8,654% from Tuesday's OTC close of $7.50.The shares reversed course on Thursday, plunging 95% to close at $30.Incorporated in Nevada, Addentax operates primarily through subsidiaries in China, providing services such as garment manufacturing, epidemic prevention supplies manufacturing and distribution, logistics and property management. The company is headquartered in Shenzhen, China.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939586914","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939928072,"gmtCreate":1662044115898,"gmtModify":1676536738079,"author":{"id":"4093788345983180","authorId":"4093788345983180","name":"Novice21","avatar":"https://static.tigerbbs.com/3b3d8e83705d2912d6813f4ebef6e62c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093788345983180","authorIdStr":"4093788345983180"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Yes","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Yes","text":"$Apple(AAPL)$Yes","images":[{"img":"https://community-static.tradeup.com/news/b392d884bdd919a8febc76aeea387c98","width":"1242","height":"2448"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939928072","isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9939921837,"gmtCreate":1662044063731,"gmtModify":1676536736656,"author":{"id":"4093788345983180","authorId":"4093788345983180","name":"Novice21","avatar":"https://static.tigerbbs.com/3b3d8e83705d2912d6813f4ebef6e62c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093788345983180","authorIdStr":"4093788345983180"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/5SO.SI\">$DUTY FREE INTERNATIONALLIMITED(5SO.SI)$</a>Hi","listText":"<a href=\"https://ttm.financial/S/5SO.SI\">$DUTY FREE INTERNATIONALLIMITED(5SO.SI)$</a>Hi","text":"$DUTY FREE INTERNATIONALLIMITED(5SO.SI)$Hi","images":[{"img":"https://community-static.tradeup.com/news/a7b02bced4bbf9850d3381461f456f3c","width":"1242","height":"2498"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939921837","isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":9089426105,"gmtCreate":1650025322854,"gmtModify":1676534631030,"author":{"id":"4093788345983180","authorId":"4093788345983180","name":"Novice21","avatar":"https://static.tigerbbs.com/3b3d8e83705d2912d6813f4ebef6e62c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093788345983180","idStr":"4093788345983180"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>Hi","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>Hi","text":"$Tiger Brokers(TIGR)$Hi","images":[{"img":"https://community-static.tradeup.com/news/e3e389dc2241d022ea01c431cc8f1e4f","width":"1125","height":"2714"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089426105","isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9078357422,"gmtCreate":1657640502366,"gmtModify":1676536038170,"author":{"id":"4093788345983180","authorId":"4093788345983180","name":"Novice21","avatar":"https://static.tigerbbs.com/3b3d8e83705d2912d6813f4ebef6e62c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093788345983180","idStr":"4093788345983180"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078357422","repostId":"1193691775","repostType":4,"repost":{"id":"1193691775","pubTimestamp":1657639889,"share":"https://ttm.financial/m/news/1193691775?lang=&edition=fundamental","pubTime":"2022-07-12 23:31","market":"us","language":"en","title":"Good News Is Bear News for Nvidia Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1193691775","media":"InvestorPlace","summary":"Nvidia(NVDA) stock continues to plunge.Investors fear a fall in demand from gaming and crypto.Patien","content":"<html><head></head><body><ul><li><b>Nvidia</b>(<b><u>NVDA</u></b>) stock continues to plunge.</li><li>Investors fear a fall in demand from gaming and crypto.</li><li>Patient accumulation will be rewarded.</li></ul><p>In a bear market, good news can always be spun as bad news.<b>Nvidia</b>(NASDAQ:<b><u>NVDA</u></b>) investors were reminded of this on July 5.</p><p>The good news is that the chip shortage may be easing. Prices for used gaming cards have plunged. Young gamers who wanted a graphics card for years can now get one, at list prices and lower.</p><p>But this good news is also bad news. The new supply, from broken crypto miners, is coming as production falls.  There are reports Nvidia is cutting back orders from its manufacturing partner, <b>Taiwan Semiconductor</b>(NYSE:<b><u>TSM</u></b>).</p><p>The result is that NVDA stock, which was at $286/share in April, traded recently below $144/share.</p><p><b>Short Term Weakness</b></p><p>During the bull market, Nvidia was a ferociously expensive stock. Now it’s just pricey.</p><p>At its July 5 price, the company’s market cap of $362 billion is still almost 39 times last year’s earnings, and over 13 times last year’s sales of $27 billion.</p><p>The good news is that underestimates the company’s power. First-quarter revenue came in at$8.3 billion, up 46%from a year earlier. Non-GAAP earnings were also up 49% from a year ago. But costs from the cancelled acquisition of ARM Holdings meant GAAP earnings were down 16%.</p><p>The problem is that investors buy tomorrow, not yesterday. If prices for gaming chips continue to fall, Nvidia’s list prices will as well. That will cut earnings because a lot of the company’s revenue still comes from gamers.</p><p>Nvidia is due to report its current quarter on Aug. 24, for the three months ending in July. Analysts currently expect $1.03/share of earnings and$8.11 billion of revenue. Field reports of slowing demand, however, indicate it could fall short. The most recent chip stock to report, <b>Micron Technologies</b>(NASDAQ:<b><u>MU</u></b>), gave weak guidance. They’re expecting a storm. Nvidia’s ship is being tossed, too.</p><p><b>Long Term Strength</b></p><p>Analysts continue pounding the table for NVDA stock, even as they cut their price targets.</p><p>The reason is that lower prices open huge new opportunities. Car makers can now bring those autonomous driving features to the market. Nvidia’s artificial intelligence software can now be offered as a service, with <b>Hewlett Packard Enterprise</b>(NYSE:<b><u>HPE</u></b>) bringing it to the network edge. <b>Alphabet’s</b>(NASDAQ:<b><u>GOOGL</u></b>) cloud gaming service, Stadia, may now be able to fulfill its promise with an Nvidia upgrade.</p><p>Even while edge applications for Nvidia chips slow, like gaming and crypto, the cloud continues to grow. Data centers were the biggest buyers of Nvidia chips in the first quarter. Capital spending from the cloud czars, especially Google, <b>Microsoft</b>(NASDAQ:<b><u>MSFT</u></b>), and <b>Amazon</b> (NASDAQ:<b><u>AMZN</u></b>), remains strong. Lower prices may just mean they’ll buy more Nvidia graphics chips for new applications. Eventually, cloud services at the network center will spur demand for support from the network edge, as prices for things like <b>Meta Network</b>(NASDAQ:<b><u>FB</u></b>) headsets come down. Meta, by the way, has been a big buyer of Nvidia chips for its “metaverse” activities.</p><p><b>The Bottom Line for NVDA Stock</b></p><p>Bear markets end.</p><p>When they do, tech stocks will be the first to rise again. Companies like Nvidia make new money-saving ideas practical. They create new markets and growth. This has driven the economy forward for a half-century. It’s not changing.</p><p>But bear markets also require patience. It’s easy to say, “buy the dip.” The problem right now is many investors have no cash with which to do that. That means the best advice is to hold your nerve.</p><p>Nvidia may not rise again for several months. It may even go lower. No one is paying 13 times revenue for anything right now. The next few months may be brutal.</p><p>The snapback, however, when it comes, will be something to behold. You’ll want to behold it from inside the Nvidia tent rather than outside.</p></body></html>","source":"lsy1606302653667","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>Good News Is Bear News for Nvidia Stock</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\">\nGood News Is Bear News for Nvidia Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-12 23:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/nvda-stock-good-news-is-bear-news-for-nvidia/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia(NVDA) stock continues to plunge.Investors fear a fall in demand from gaming and crypto.Patient accumulation will be rewarded.In a bear market, good news can always be spun as bad news.Nvidia(...</p>\n\n<a href=\"https://investorplace.com/2022/07/nvda-stock-good-news-is-bear-news-for-nvidia/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://investorplace.com/2022/07/nvda-stock-good-news-is-bear-news-for-nvidia/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193691775","content_text":"Nvidia(NVDA) stock continues to plunge.Investors fear a fall in demand from gaming and crypto.Patient accumulation will be rewarded.In a bear market, good news can always be spun as bad news.Nvidia(NASDAQ:NVDA) investors were reminded of this on July 5.The good news is that the chip shortage may be easing. Prices for used gaming cards have plunged. Young gamers who wanted a graphics card for years can now get one, at list prices and lower.But this good news is also bad news. The new supply, from broken crypto miners, is coming as production falls.  There are reports Nvidia is cutting back orders from its manufacturing partner, Taiwan Semiconductor(NYSE:TSM).The result is that NVDA stock, which was at $286/share in April, traded recently below $144/share.Short Term WeaknessDuring the bull market, Nvidia was a ferociously expensive stock. Now it’s just pricey.At its July 5 price, the company’s market cap of $362 billion is still almost 39 times last year’s earnings, and over 13 times last year’s sales of $27 billion.The good news is that underestimates the company’s power. First-quarter revenue came in at$8.3 billion, up 46%from a year earlier. Non-GAAP earnings were also up 49% from a year ago. But costs from the cancelled acquisition of ARM Holdings meant GAAP earnings were down 16%.The problem is that investors buy tomorrow, not yesterday. If prices for gaming chips continue to fall, Nvidia’s list prices will as well. That will cut earnings because a lot of the company’s revenue still comes from gamers.Nvidia is due to report its current quarter on Aug. 24, for the three months ending in July. Analysts currently expect $1.03/share of earnings and$8.11 billion of revenue. Field reports of slowing demand, however, indicate it could fall short. The most recent chip stock to report, Micron Technologies(NASDAQ:MU), gave weak guidance. They’re expecting a storm. Nvidia’s ship is being tossed, too.Long Term StrengthAnalysts continue pounding the table for NVDA stock, even as they cut their price targets.The reason is that lower prices open huge new opportunities. Car makers can now bring those autonomous driving features to the market. Nvidia’s artificial intelligence software can now be offered as a service, with Hewlett Packard Enterprise(NYSE:HPE) bringing it to the network edge. Alphabet’s(NASDAQ:GOOGL) cloud gaming service, Stadia, may now be able to fulfill its promise with an Nvidia upgrade.Even while edge applications for Nvidia chips slow, like gaming and crypto, the cloud continues to grow. Data centers were the biggest buyers of Nvidia chips in the first quarter. Capital spending from the cloud czars, especially Google, Microsoft(NASDAQ:MSFT), and Amazon (NASDAQ:AMZN), remains strong. Lower prices may just mean they’ll buy more Nvidia graphics chips for new applications. Eventually, cloud services at the network center will spur demand for support from the network edge, as prices for things like Meta Network(NASDAQ:FB) headsets come down. Meta, by the way, has been a big buyer of Nvidia chips for its “metaverse” activities.The Bottom Line for NVDA StockBear markets end.When they do, tech stocks will be the first to rise again. Companies like Nvidia make new money-saving ideas practical. They create new markets and growth. This has driven the economy forward for a half-century. It’s not changing.But bear markets also require patience. It’s easy to say, “buy the dip.” The problem right now is many investors have no cash with which to do that. That means the best advice is to hold your nerve.Nvidia may not rise again for several months. It may even go lower. No one is paying 13 times revenue for anything right now. The next few months may be brutal.The snapback, however, when it comes, will be something to behold. You’ll want to behold it from inside the Nvidia tent rather than outside.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9088628741,"gmtCreate":1650339943500,"gmtModify":1676534700771,"author":{"id":"4093788345983180","authorId":"4093788345983180","name":"Novice21","avatar":"https://static.tigerbbs.com/3b3d8e83705d2912d6813f4ebef6e62c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093788345983180","idStr":"4093788345983180"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088628741","repostId":"1105840721","repostType":4,"repost":{"id":"1105840721","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":1650324260,"share":"https://ttm.financial/m/news/1105840721?lang=&edition=fundamental","pubTime":"2022-04-19 07:24","market":"us","language":"en","title":"Netflix Q1 Earnings are Coming: 3 Most Important Things to Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1105840721","media":"Tiger Newspress","summary":"Netflix (NASDAQ:NFLX) is scheduled to announce Q1 earnings results after market closes on Tuesday, A","content":"<html><head></head><body><p>Netflix (NASDAQ:NFLX) is scheduled to announce Q1 earnings results after market closes on Tuesday, April 19.</p><p><b>Latest Results</b></p><p>In Q4 2021, Netflix added 8.28 million net new subscribers, a bit shy of the company&#39;s own forecast for 8.5 million net adds, and about in line with the Wall Street consensus forecast at 8.3 million. The company now has 221.8 million subscribers globally.</p><p>The company generated Q4 revenue of $7.7 billion, up 16%, and in line with the company&#39;s projection at $7.7 billion. Profits were $1.33 cents a share, well ahead of analysts at 83 cents, with the outperformance mostly due to an unrealized gain tied to the company&#39;s euro denominated debt.</p><p><b>Q1 Guidance</b></p><p>Netflix&#39;s projections for Q1 2022 were even lighter. The management&#39;s guidance is projecting 2.5 million net adds. While analysts on average predict 2.81 million in Q1, and 2.64 million in Q2, according to FactSet.</p><p>It sees Q1 revenue of $7.9 billion, up 10.3%, but well shy of the Street consensus at $8.2 billion.</p><p><b>3</b> <b>Most Important Things to Watch</b></p><p>1. Subscriber additions</p><p>As always, an important focus for investors will be Netflix&#39;s net paid subscriber additions. In Q3, Netflix saw a re-acceleration in its quarterly subscriber growth, as net additions came in at 8.3 million. Though this was notably below the 8.5 million net new subscribers the company had estimated it would add during the quarter, it was still good to see a significant sequential uptick from the 4.4 million members the company added in the prior quarter.</p><p>But what likely spooked investors was management&#39;s guidance for just 2.5 million net new paid subscribers inQ1 2022. This would be down significantly from the 4.0 million the company added inQ1 2021. This weak outlook, management explained, reflects the quarter&#39;s back-end weighted content slate.</p><p>2. Commentary on competition</p><p>Another red flag for Netflix investors in Q4 was management&#39;s nod to increasing competition. In a rare acknowledgment of competition having a negative impact on the company, management said, &#34;added competition may be affecting our marginal growth some...&#34;</p><p>Investors should look to see if management doubles down on this worrisome narrative or if it brings positive data points to the table regarding how it is faring in a competitive environment. Chances are, the worrisome remarks about competition will continue. But investors should note that the stock&#39;s big decline has arguably priced in expectations for heated competition going forward.</p><p>3. Subscriber-growth guidance</p><p>Of course, another key metric to watch will be the company&#39;s guidance for subscriber growth inQ2 2022. Technically, a back-weighted content slate in Q1 should positively impact Q2. Further, it&#39;s no secret that content production has been ramping back up from periods when much of the world was facing lockdowns. So lots of new content from Netflix should provide a catalyst for reaccelerated subscriber growth, assuming increasing competition isn&#39;t providing too much negative pressure.</p><p>While it&#39;s always tough to estimate how many subscribers Netflix will guide for, it would be nice to see guidance for second-quarter subscriber levels on par with pre-COVID levels again. To do this, the company would need to guide for around 2.7 million new subscribers in Q2.</p><p><b>Analyst Opinions</b></p><p>Truist analyst Matthew Thornton cut the price target of Netflix to $409 from $470.Thornton said in a research note that based on mobile app downloads, he believes the company&#39;s subscriber numbers in the first quarter will top expectations but thatQ2 outlook will come in below estimates, with consensus paid member adds being a &#34;slightly high hurdle,&#34; based on prior reports.</p><p>Stifel analyst Scott Devittmaintained a“Buy” rating and a $460 price target on Netflix’s shares. Devitt noted the loss of subscribers in Russia and ongoing disruption in EMEA may limit the upside to subscriber growth. And looking past the first quarter, Devitt is tempering his estimates for 2022 and beyond as he takes a more conservative approach to the subscriber and ARPU growth on worsening macro conditions and continued uncertainty.</p><p>JPMorgan analyst Doug Anmuth issued an “Overweight” rating and a $605 price target on Netflix’s shares. Anmuth was continuing to believe Netflix has meaningful room for further global subscriber penetration. And Anmuth believed Netflix is currently 29% penetrated among the approximately 776 million global broadband subscribers, 33% penetrated among the approximately 675 million current global pay-TV subscribers, and 31% penetrated among the approximately 712 million maximum global pay-TV subscribers.</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>Netflix Q1 Earnings are Coming: 3 Most Important Things to Watch</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\">\nNetflix Q1 Earnings are Coming: 3 Most Important Things to Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-19 07:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Netflix (NASDAQ:NFLX) is scheduled to announce Q1 earnings results after market closes on Tuesday, April 19.</p><p><b>Latest Results</b></p><p>In Q4 2021, Netflix added 8.28 million net new subscribers, a bit shy of the company&#39;s own forecast for 8.5 million net adds, and about in line with the Wall Street consensus forecast at 8.3 million. The company now has 221.8 million subscribers globally.</p><p>The company generated Q4 revenue of $7.7 billion, up 16%, and in line with the company&#39;s projection at $7.7 billion. Profits were $1.33 cents a share, well ahead of analysts at 83 cents, with the outperformance mostly due to an unrealized gain tied to the company&#39;s euro denominated debt.</p><p><b>Q1 Guidance</b></p><p>Netflix&#39;s projections for Q1 2022 were even lighter. The management&#39;s guidance is projecting 2.5 million net adds. While analysts on average predict 2.81 million in Q1, and 2.64 million in Q2, according to FactSet.</p><p>It sees Q1 revenue of $7.9 billion, up 10.3%, but well shy of the Street consensus at $8.2 billion.</p><p><b>3</b> <b>Most Important Things to Watch</b></p><p>1. Subscriber additions</p><p>As always, an important focus for investors will be Netflix&#39;s net paid subscriber additions. In Q3, Netflix saw a re-acceleration in its quarterly subscriber growth, as net additions came in at 8.3 million. Though this was notably below the 8.5 million net new subscribers the company had estimated it would add during the quarter, it was still good to see a significant sequential uptick from the 4.4 million members the company added in the prior quarter.</p><p>But what likely spooked investors was management&#39;s guidance for just 2.5 million net new paid subscribers inQ1 2022. This would be down significantly from the 4.0 million the company added inQ1 2021. This weak outlook, management explained, reflects the quarter&#39;s back-end weighted content slate.</p><p>2. Commentary on competition</p><p>Another red flag for Netflix investors in Q4 was management&#39;s nod to increasing competition. In a rare acknowledgment of competition having a negative impact on the company, management said, &#34;added competition may be affecting our marginal growth some...&#34;</p><p>Investors should look to see if management doubles down on this worrisome narrative or if it brings positive data points to the table regarding how it is faring in a competitive environment. Chances are, the worrisome remarks about competition will continue. But investors should note that the stock&#39;s big decline has arguably priced in expectations for heated competition going forward.</p><p>3. Subscriber-growth guidance</p><p>Of course, another key metric to watch will be the company&#39;s guidance for subscriber growth inQ2 2022. Technically, a back-weighted content slate in Q1 should positively impact Q2. Further, it&#39;s no secret that content production has been ramping back up from periods when much of the world was facing lockdowns. So lots of new content from Netflix should provide a catalyst for reaccelerated subscriber growth, assuming increasing competition isn&#39;t providing too much negative pressure.</p><p>While it&#39;s always tough to estimate how many subscribers Netflix will guide for, it would be nice to see guidance for second-quarter subscriber levels on par with pre-COVID levels again. To do this, the company would need to guide for around 2.7 million new subscribers in Q2.</p><p><b>Analyst Opinions</b></p><p>Truist analyst Matthew Thornton cut the price target of Netflix to $409 from $470.Thornton said in a research note that based on mobile app downloads, he believes the company&#39;s subscriber numbers in the first quarter will top expectations but thatQ2 outlook will come in below estimates, with consensus paid member adds being a &#34;slightly high hurdle,&#34; based on prior reports.</p><p>Stifel analyst Scott Devittmaintained a“Buy” rating and a $460 price target on Netflix’s shares. Devitt noted the loss of subscribers in Russia and ongoing disruption in EMEA may limit the upside to subscriber growth. And looking past the first quarter, Devitt is tempering his estimates for 2022 and beyond as he takes a more conservative approach to the subscriber and ARPU growth on worsening macro conditions and continued uncertainty.</p><p>JPMorgan analyst Doug Anmuth issued an “Overweight” rating and a $605 price target on Netflix’s shares. Anmuth was continuing to believe Netflix has meaningful room for further global subscriber penetration. And Anmuth believed Netflix is currently 29% penetrated among the approximately 776 million global broadband subscribers, 33% penetrated among the approximately 675 million current global pay-TV subscribers, and 31% penetrated among the approximately 712 million maximum global pay-TV subscribers.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105840721","content_text":"Netflix (NASDAQ:NFLX) is scheduled to announce Q1 earnings results after market closes on Tuesday, April 19.Latest ResultsIn Q4 2021, Netflix added 8.28 million net new subscribers, a bit shy of the company's own forecast for 8.5 million net adds, and about in line with the Wall Street consensus forecast at 8.3 million. The company now has 221.8 million subscribers globally.The company generated Q4 revenue of $7.7 billion, up 16%, and in line with the company's projection at $7.7 billion. Profits were $1.33 cents a share, well ahead of analysts at 83 cents, with the outperformance mostly due to an unrealized gain tied to the company's euro denominated debt.Q1 GuidanceNetflix's projections for Q1 2022 were even lighter. The management's guidance is projecting 2.5 million net adds. While analysts on average predict 2.81 million in Q1, and 2.64 million in Q2, according to FactSet.It sees Q1 revenue of $7.9 billion, up 10.3%, but well shy of the Street consensus at $8.2 billion.3 Most Important Things to Watch1. Subscriber additionsAs always, an important focus for investors will be Netflix's net paid subscriber additions. In Q3, Netflix saw a re-acceleration in its quarterly subscriber growth, as net additions came in at 8.3 million. Though this was notably below the 8.5 million net new subscribers the company had estimated it would add during the quarter, it was still good to see a significant sequential uptick from the 4.4 million members the company added in the prior quarter.But what likely spooked investors was management's guidance for just 2.5 million net new paid subscribers inQ1 2022. This would be down significantly from the 4.0 million the company added inQ1 2021. This weak outlook, management explained, reflects the quarter's back-end weighted content slate.2. Commentary on competitionAnother red flag for Netflix investors in Q4 was management's nod to increasing competition. In a rare acknowledgment of competition having a negative impact on the company, management said, \"added competition may be affecting our marginal growth some...\"Investors should look to see if management doubles down on this worrisome narrative or if it brings positive data points to the table regarding how it is faring in a competitive environment. Chances are, the worrisome remarks about competition will continue. But investors should note that the stock's big decline has arguably priced in expectations for heated competition going forward.3. Subscriber-growth guidanceOf course, another key metric to watch will be the company's guidance for subscriber growth inQ2 2022. Technically, a back-weighted content slate in Q1 should positively impact Q2. Further, it's no secret that content production has been ramping back up from periods when much of the world was facing lockdowns. So lots of new content from Netflix should provide a catalyst for reaccelerated subscriber growth, assuming increasing competition isn't providing too much negative pressure.While it's always tough to estimate how many subscribers Netflix will guide for, it would be nice to see guidance for second-quarter subscriber levels on par with pre-COVID levels again. To do this, the company would need to guide for around 2.7 million new subscribers in Q2.Analyst OpinionsTruist analyst Matthew Thornton cut the price target of Netflix to $409 from $470.Thornton said in a research note that based on mobile app downloads, he believes the company's subscriber numbers in the first quarter will top expectations but thatQ2 outlook will come in below estimates, with consensus paid member adds being a \"slightly high hurdle,\" based on prior reports.Stifel analyst Scott Devittmaintained a“Buy” rating and a $460 price target on Netflix’s shares. Devitt noted the loss of subscribers in Russia and ongoing disruption in EMEA may limit the upside to subscriber growth. And looking past the first quarter, Devitt is tempering his estimates for 2022 and beyond as he takes a more conservative approach to the subscriber and ARPU growth on worsening macro conditions and continued uncertainty.JPMorgan analyst Doug Anmuth issued an “Overweight” rating and a $605 price target on Netflix’s shares. Anmuth was continuing to believe Netflix has meaningful room for further global subscriber penetration. And Anmuth believed Netflix is currently 29% penetrated among the approximately 776 million global broadband subscribers, 33% penetrated among the approximately 675 million current global pay-TV subscribers, and 31% penetrated among the approximately 712 million maximum global pay-TV subscribers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9078357232,"gmtCreate":1657640488226,"gmtModify":1676536038155,"author":{"id":"4093788345983180","authorId":"4093788345983180","name":"Novice21","avatar":"https://static.tigerbbs.com/3b3d8e83705d2912d6813f4ebef6e62c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093788345983180","idStr":"4093788345983180"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078357232","repostId":"2250793776","repostType":4,"repost":{"id":"2250793776","pubTimestamp":1657639817,"share":"https://ttm.financial/m/news/2250793776?lang=&edition=fundamental","pubTime":"2022-07-12 23:30","market":"us","language":"en","title":"2 ETFs Warren Buffett Owns Through Berkshire Hathaway -- Should You Buy Them Too?","url":"https://stock-news.laohu8.com/highlight/detail?id=2250793776","media":"Motley Fool","summary":"Not all of the stocks in Berkshire's portfolio are shares of individual companies.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b> has the most closely followed stock portfolio in the world, and for a few good reasons. For one thing, it&#39;s a massive collection of investments. Even after the recent stock market downturn, Berkshire&#39;s portfolio is worth about $329 billion, making up more than half of the conglomerate&#39;s entire market cap. Second, the portfolio has a long history of market-beating investments that many investors would otherwise overlook or consider &#34;boring.&#34; And last but certainly not least, many of the investments in the portfolio were hand-selected by legendary investor Warren Buffett himself.</p><p>However, a few years ago, Berkshire reported an interesting move in its portfolio. The company added shares of two exchange-traded funds, or <a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETF</a>s. And while these are relatively small investments for Berkshire, it represents Berkshire&#39;s first major index fund investments. Here&#39;s a look at Berkshire&#39;s two ETFs and why they could be some of Warren Buffett&#39;s favorite investments even though they currently make up a tiny fraction of Berkshire&#39;s overall portfolio.</p><h2>Berkshire&#39;s two ETFs</h2><p>The two ETFs in Berkshire Hathaway&#39;s stock portfolio are the <b>SPDR S&amp;P 500 ETF Trust</b> and the <b>Vanguard S&amp;P 500 ETF</b>. And they are both very similar. Both are <b>S&amp;P 500</b> index funds, which means they are designed to deliver the same long-term performance as the S&amp;P 500 index.</p><p>The basic idea is that these funds pool investors&#39; assets to buy shares of all 500 companies in the S&amp;P 500 index, and in the same weightings as the index (more shares of larger companies). Both have low expense ratios, or investment fees, with the Vanguard fund charging just 0.03% of assets as an annualized fee, while the SPDR fund has a higher but still very low 0.09% expense ratio.</p><h2>Buffett is a big fan of index funds like these</h2><p>Buffett has referred to the S&amp;P 500 as a bet on large American business, and that has historically been a good bet. In fact, a $10,000 investment in the S&amp;P 500 would grow to more than $450,000 over 40 years at the index&#39;s historic rate of return.</p><p>Not only does Buffett believe the S&amp;P 500 is an extraordinary tool for long-term investors, but he&#39;s a big fan of investing in low-cost index funds for the majority of people. Obviously, we love researching and investing in individual stocks at The Motley Fool and Buffett does as well -- but the fact is, the majority of Americans don&#39;t have the time, knowledge, or desire to do it right. Buffett has advised investors &#34;if you like spending six to eight hours per week working on investments, do it. If you don&#39;t then dollar-cost average into index funds.&#34;</p><p>Buffett has said many times that index funds are the best way to invest for most people and claims that they&#39;ll outperform most other investors over time -- including hedge fund managers. In fact, in 2007, Buffett bet hedge fund manager Ted Seides that an S&amp;P 500 index fund would beat a basket of at least five hedge funds of Seides&#39; choosing over a 10-year period. The results weren&#39;t even close. The S&amp;P 500 index fund delivered a 99% total return over the decade (which included the financial crisis), while the hedge fund basket managed just 24%.</p><p>So, although both ETF positions are small parts of Berkshire&#39;s portfolio (about $30 million total), Buffett is a big fan of these investments. In fact, he has directed that when he passes, 90% of his wife&#39;s inheritance is to be placed in a low-cost S&amp;P 500 index fund like these. And even if you&#39;re a fan of individual stock investing like I am, a simple S&amp;P 500 index fund can be an excellent &#34;backbone&#34; of any 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>2 ETFs Warren Buffett Owns Through Berkshire Hathaway -- Should You Buy Them Too?</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\">\n2 ETFs Warren Buffett Owns Through Berkshire Hathaway -- Should You Buy Them Too?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-12 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/11/2-etfs-warren-buffett-owns-through-berkshire-hatha/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway has the most closely followed stock portfolio in the world, and for a few good reasons. For one thing, it's a massive collection of investments. Even after the recent stock market ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/11/2-etfs-warren-buffett-owns-through-berkshire-hatha/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","VOO":"Vanguard标普500ETF"},"source_url":"https://www.fool.com/investing/2022/07/11/2-etfs-warren-buffett-owns-through-berkshire-hatha/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2250793776","content_text":"Berkshire Hathaway has the most closely followed stock portfolio in the world, and for a few good reasons. For one thing, it's a massive collection of investments. Even after the recent stock market downturn, Berkshire's portfolio is worth about $329 billion, making up more than half of the conglomerate's entire market cap. Second, the portfolio has a long history of market-beating investments that many investors would otherwise overlook or consider \"boring.\" And last but certainly not least, many of the investments in the portfolio were hand-selected by legendary investor Warren Buffett himself.However, a few years ago, Berkshire reported an interesting move in its portfolio. The company added shares of two exchange-traded funds, or Pacer Swan SOS Fund of Funds ETF|ETFs. And while these are relatively small investments for Berkshire, it represents Berkshire's first major index fund investments. Here's a look at Berkshire's two ETFs and why they could be some of Warren Buffett's favorite investments even though they currently make up a tiny fraction of Berkshire's overall portfolio.Berkshire's two ETFsThe two ETFs in Berkshire Hathaway's stock portfolio are the SPDR S&P 500 ETF Trust and the Vanguard S&P 500 ETF. And they are both very similar. Both are S&P 500 index funds, which means they are designed to deliver the same long-term performance as the S&P 500 index.The basic idea is that these funds pool investors' assets to buy shares of all 500 companies in the S&P 500 index, and in the same weightings as the index (more shares of larger companies). Both have low expense ratios, or investment fees, with the Vanguard fund charging just 0.03% of assets as an annualized fee, while the SPDR fund has a higher but still very low 0.09% expense ratio.Buffett is a big fan of index funds like theseBuffett has referred to the S&P 500 as a bet on large American business, and that has historically been a good bet. In fact, a $10,000 investment in the S&P 500 would grow to more than $450,000 over 40 years at the index's historic rate of return.Not only does Buffett believe the S&P 500 is an extraordinary tool for long-term investors, but he's a big fan of investing in low-cost index funds for the majority of people. Obviously, we love researching and investing in individual stocks at The Motley Fool and Buffett does as well -- but the fact is, the majority of Americans don't have the time, knowledge, or desire to do it right. Buffett has advised investors \"if you like spending six to eight hours per week working on investments, do it. If you don't then dollar-cost average into index funds.\"Buffett has said many times that index funds are the best way to invest for most people and claims that they'll outperform most other investors over time -- including hedge fund managers. In fact, in 2007, Buffett bet hedge fund manager Ted Seides that an S&P 500 index fund would beat a basket of at least five hedge funds of Seides' choosing over a 10-year period. The results weren't even close. The S&P 500 index fund delivered a 99% total return over the decade (which included the financial crisis), while the hedge fund basket managed just 24%.So, although both ETF positions are small parts of Berkshire's portfolio (about $30 million total), Buffett is a big fan of these investments. In fact, he has directed that when he passes, 90% of his wife's inheritance is to be placed in a low-cost S&P 500 index fund like these. And even if you're a fan of individual stock investing like I am, a simple S&P 500 index fund can be an excellent \"backbone\" of any portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9088628696,"gmtCreate":1650339900561,"gmtModify":1676534700755,"author":{"id":"4093788345983180","authorId":"4093788345983180","name":"Novice21","avatar":"https://static.tigerbbs.com/3b3d8e83705d2912d6813f4ebef6e62c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093788345983180","idStr":"4093788345983180"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088628696","repostId":"1176682856","repostType":4,"repost":{"id":"1176682856","pubTimestamp":1650336992,"share":"https://ttm.financial/m/news/1176682856?lang=&edition=fundamental","pubTime":"2022-04-19 10:56","market":"us","language":"en","title":"Thoughts On Alibaba Following A Rerating In The Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1176682856","media":"seekingalpha","summary":"SummaryThe Chinese tech regulation might be coming to an end, which is not news anymore.In this arti","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The Chinese tech regulation might be coming to an end, which is not news anymore.</li><li>In this article, we will try to shed some light on the reasons behind Alibaba&#39;s lackluster revenue growth in the last quarter.</li><li>Positive developments do not always lead to positive outcomes in the short run, which is exactly what is happening with Alibaba stock in our opinion.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/492884e3128bfb566f9a5897df114a75\" tg-width=\"1536\" tg-height=\"1025\" referrerpolicy=\"no-referrer\"/><span>maybefalse/iStock Unreleased via Getty Images</span></p><p>Alibaba Group Holding Limited (NYSE:BABA) stock has declined 34% since our last article, and over the last 12 months, the stock has declined a staggering 60% due to regulatory concerns and a host of negative narratives surrounding the company and the Chinese economy. In our last article, we covered the regulatory pressures on Alibaba and concluded things will eventually get better, but unfortunately, the decision by authorities to call a truce on the crackdown has taken much longer than we anticipated. In this article, we will discuss our thoughts on the potential future direction of the stock following a rerating in the market over the last few months.</p><p><b>The Chain Of Events</b></p><p>Alibaba stock has witnessed considerable volatility over the past couple of months and it is important to get an understanding of the sequence of events that have transpired to gauge a measure of what we are dealing with here. In our opinion, investors need to understand the sensitivity of Alibaba stock price to key developments (earnings, regulatory updates, etc.) to form a data-driven opinion of where the stock is headed in the future. In this segment, we will highlight the key developments briefly to help you quickly understand where we are at.</p><p><b>Exhibit 1: BABA stock price and daily percentage change</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/090edf093c2e6a7cb384d1529cf298a0\" tg-width=\"640\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/><span>Author using Yahoo Finance data.Source: Author</span></p><table><tbody><tr><td><p><b>Date</b></p></td><td><p><b>News</b></p></td><td><p><b>Market Reaction</b></p></td></tr><tr><td><p>February 24</p></td><td><p>Alibaba posts non-GAAP EPS of RMB 16.87, beating analyst estimates for earnings. The company, however, missed the revenue guidance by more than RMB 3 billion.</p></td><td><p>Alibaba stock declined just 0.7% on the earnings release day, but the stock had already declined more than 12.3% in the 3 days leading up to the earnings report.</p></td></tr><tr><td><p>March 10</p></td><td><p>SEC hints at delisting actions.</p></td><td><p>Alibaba stock declined 23.9% over 4 days.</p></td></tr><tr><td><p>March 16</p></td><td><p>Chinese authorities confirm their support for Chinese IPOs abroad, calling for closure on the tech crackdown.</p></td><td><p>Shares gained 36.8% on March 16 and the rally continued in the days that followed.</p></td></tr><tr><td><p>March 22</p></td><td><p>Alibaba boosts its share buyback program to $25 billion from $15 billion.</p></td><td><p>Shares gained 13% post announcement.</p></td></tr></tbody></table><p>Subsequent to the promising development with share buybacks, Alibaba shares yet again witnessed selling pressure due to strict lockdown measures imposed by the Chinese government to curb the spread of new COVID-19 cases and on the news that long-standing advocate of Alibaba, Charlie Munger, trimmed his position in half.</p><p><b>What To Look Out For?</b></p><p>Despite being plagued by a host of negative developments on the external front, the critical factor an investor needs to assess is the fundamental prospects for the company going forward. Since its IPO, Alibaba was accustomed to a high level of revenue growth averaging 30-50% YoY with various new initiatives and innovations driving the company. Going forward, in the post-regulation era, we are now entering a subdued growth period for the company. This was evident in the most recent quarter as well, but to be fair, a slowdown in growth was always on the cards and it would have been irrational to expect Alibaba to grow at the same pace given the maturing nature of the company and the Chinese economy. That being said, investors were caught off-guard with the worse-than-expected deceleration of growth in the last quarter, and we believe it makes sense to determine whether Alibaba can reverse this trend or whether the company will continue to report lackluster revenue growth in the coming years, which does not bode well for growth investors.</p><p><b>Understanding The Revenue Drivers</b></p><p>For the quarter ended December 31, 2021, Alibaba reported revenue of $38 billion, an increase of 10% year-over-year. Below is a breakdown of revenue growth by segment.</p><ul><li>China commerce segment: 7%</li><li>Cloud segment: 20%</li><li>Local consumer services segment: 27%</li><li>International commerce segment: 18%</li></ul><p><b>Exhibit 2: Alibaba revenue growth by segment (last 4 quarters)</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ed0cab61730b3f252b39dd823b05acb\" tg-width=\"640\" tg-height=\"321\" referrerpolicy=\"no-referrer\"/><span>Company financials.Source: Author prepared based on company financials</span></p><p>**<b>Note</b>: &#34;Other&#34; Commerce in historical periods has been included under the Cainiao segment.</p><p>Nearly 70% of company revenue is contributed by the China Commerce segment and it is the weakness in this segment that had the biggest impact on revenue growth in the December quarter. The company management views this deceleration of growth as a result of slowing market conditions as well as competition. With a closer look at the overall revenue growth of the company and historical user growth trends, we can infer that there was a significant drop in average spending by customers in the December quarter. This supports the above theory that revenue growth deceleration is a result of challenging market conditions.</p><p><b>Exhibit 3: Alibaba quarterly revenue growth and user growth trends</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4303280a71a3fa57393ca39af311d691\" tg-width=\"640\" tg-height=\"308\" referrerpolicy=\"no-referrer\"/><span>Company financials.Source: Author prepared based on company financials</span></p><p>If we dig deeper, year-over-year growth rates of physical goods GMV for apparel and accessories and consumer electronic categories were slower than the overall average growth, while growth in the FMCG and home furnishing categories were better than the average. This granular detail also suggests that the slowdown in Chinese economic growth might have negatively impacted discretionary consumer spending, which brings us to the next segment of this analysis.</p><p><b>The Declining Private Consumption In China</b></p><p>As per the latest IMF report on China, despite average sequential headline GDP growth reaching pre-crisis levels, the level of private consumption is currently well below its pre-crisis forecast. The weakness in consumption and elevated household savings are likely the result of prolonged uncertainty surrounding the virus and vaccine efficacy as well as a soft labor market as new urban job creation is still hovering below 2019 levels. Further, we believe the Zero-COVID approach adopted by the authorities has had a considerable impact on private consumption as it creates uncertainty about what the future holds for the Chinese economy. The strict measures imposed by the government from time to time have also created a stop-and-go business activity pattern, which is not ideal for economic growth.</p><p><b>Exhibit 4: Private consumption in China</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/31e0cd0077afb6913452d40a74508508\" tg-width=\"470\" tg-height=\"394\" referrerpolicy=\"no-referrer\"/><span>The International Monetary Fund.Source: The International Monetary Fund</span></p><p>With lockdown measures imposed in Shenzhen and Shanghai in March and April, respectively, we remain cautious on the revenue prospects for Alibaba in the upcoming quarter, and we fear the company might once again disappoint investors with lackluster growth, and in the worst-case scenario, with a massive earnings miss.</p><p><b>Exhibit 5: China economic growth and outbreaks of COVID-19</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd841f5785975c40f16143e320300b9a\" tg-width=\"468\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>The International Monetary Fund.Source: The International Monetary Fund</span></p><p>As a tool to spur economic growth, China’s Central bank has been resorting to decreasing its policy rates in the past. We view the latest decision on April 15 to keep interest rates unchanged as unexpected. However, we believe further expansionary monetary policy decisions would have to be made eventually over the course of the year to support demand until private consumption recovers fully.</p><p>The Zero-COVID policy enacted by the Chinese government along with the already struggling private consumption leaves us with no doubt that Alibaba will find it difficult to grow in the next couple of quarters.</p><p><b>Takeaway</b></p><p>For close to a year, we have been monitoring Alibaba, and we have been eagerly expecting Mr. Market to focus on the fundamentals of the company instead of temporary external shocks. Today, we believe this is finally happening, aided by the Chinese regulators&#39; positive comments toward tech companies. The shift in focus from the tech crackdown to the company&#39;s financials is a positive one, but then again, Alibaba is going through a difficult period financially, so this positive development will not yield positive results just yet. However, we believe Alibaba is deeply undervalued today and that handsome returns are in the cards for investors willing to stomach this volatility. For this reason, we remain invested in Alibaba.</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>Thoughts On Alibaba Following A Rerating In The Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThoughts On Alibaba Following A Rerating In The Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-19 10:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4501914-thoughts-on-alibaba-following-a-rerating-in-the-market><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe Chinese tech regulation might be coming to an end, which is not news anymore.In this article, we will try to shed some light on the reasons behind Alibaba's lackluster revenue growth in the...</p>\n\n<a href=\"https://seekingalpha.com/article/4501914-thoughts-on-alibaba-following-a-rerating-in-the-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4501914-thoughts-on-alibaba-following-a-rerating-in-the-market","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1176682856","content_text":"SummaryThe Chinese tech regulation might be coming to an end, which is not news anymore.In this article, we will try to shed some light on the reasons behind Alibaba's lackluster revenue growth in the last quarter.Positive developments do not always lead to positive outcomes in the short run, which is exactly what is happening with Alibaba stock in our opinion.maybefalse/iStock Unreleased via Getty ImagesAlibaba Group Holding Limited (NYSE:BABA) stock has declined 34% since our last article, and over the last 12 months, the stock has declined a staggering 60% due to regulatory concerns and a host of negative narratives surrounding the company and the Chinese economy. In our last article, we covered the regulatory pressures on Alibaba and concluded things will eventually get better, but unfortunately, the decision by authorities to call a truce on the crackdown has taken much longer than we anticipated. In this article, we will discuss our thoughts on the potential future direction of the stock following a rerating in the market over the last few months.The Chain Of EventsAlibaba stock has witnessed considerable volatility over the past couple of months and it is important to get an understanding of the sequence of events that have transpired to gauge a measure of what we are dealing with here. In our opinion, investors need to understand the sensitivity of Alibaba stock price to key developments (earnings, regulatory updates, etc.) to form a data-driven opinion of where the stock is headed in the future. In this segment, we will highlight the key developments briefly to help you quickly understand where we are at.Exhibit 1: BABA stock price and daily percentage changeAuthor using Yahoo Finance data.Source: AuthorDateNewsMarket ReactionFebruary 24Alibaba posts non-GAAP EPS of RMB 16.87, beating analyst estimates for earnings. The company, however, missed the revenue guidance by more than RMB 3 billion.Alibaba stock declined just 0.7% on the earnings release day, but the stock had already declined more than 12.3% in the 3 days leading up to the earnings report.March 10SEC hints at delisting actions.Alibaba stock declined 23.9% over 4 days.March 16Chinese authorities confirm their support for Chinese IPOs abroad, calling for closure on the tech crackdown.Shares gained 36.8% on March 16 and the rally continued in the days that followed.March 22Alibaba boosts its share buyback program to $25 billion from $15 billion.Shares gained 13% post announcement.Subsequent to the promising development with share buybacks, Alibaba shares yet again witnessed selling pressure due to strict lockdown measures imposed by the Chinese government to curb the spread of new COVID-19 cases and on the news that long-standing advocate of Alibaba, Charlie Munger, trimmed his position in half.What To Look Out For?Despite being plagued by a host of negative developments on the external front, the critical factor an investor needs to assess is the fundamental prospects for the company going forward. Since its IPO, Alibaba was accustomed to a high level of revenue growth averaging 30-50% YoY with various new initiatives and innovations driving the company. Going forward, in the post-regulation era, we are now entering a subdued growth period for the company. This was evident in the most recent quarter as well, but to be fair, a slowdown in growth was always on the cards and it would have been irrational to expect Alibaba to grow at the same pace given the maturing nature of the company and the Chinese economy. That being said, investors were caught off-guard with the worse-than-expected deceleration of growth in the last quarter, and we believe it makes sense to determine whether Alibaba can reverse this trend or whether the company will continue to report lackluster revenue growth in the coming years, which does not bode well for growth investors.Understanding The Revenue DriversFor the quarter ended December 31, 2021, Alibaba reported revenue of $38 billion, an increase of 10% year-over-year. Below is a breakdown of revenue growth by segment.China commerce segment: 7%Cloud segment: 20%Local consumer services segment: 27%International commerce segment: 18%Exhibit 2: Alibaba revenue growth by segment (last 4 quarters)Company financials.Source: Author prepared based on company financials**Note: \"Other\" Commerce in historical periods has been included under the Cainiao segment.Nearly 70% of company revenue is contributed by the China Commerce segment and it is the weakness in this segment that had the biggest impact on revenue growth in the December quarter. The company management views this deceleration of growth as a result of slowing market conditions as well as competition. With a closer look at the overall revenue growth of the company and historical user growth trends, we can infer that there was a significant drop in average spending by customers in the December quarter. This supports the above theory that revenue growth deceleration is a result of challenging market conditions.Exhibit 3: Alibaba quarterly revenue growth and user growth trendsCompany financials.Source: Author prepared based on company financialsIf we dig deeper, year-over-year growth rates of physical goods GMV for apparel and accessories and consumer electronic categories were slower than the overall average growth, while growth in the FMCG and home furnishing categories were better than the average. This granular detail also suggests that the slowdown in Chinese economic growth might have negatively impacted discretionary consumer spending, which brings us to the next segment of this analysis.The Declining Private Consumption In ChinaAs per the latest IMF report on China, despite average sequential headline GDP growth reaching pre-crisis levels, the level of private consumption is currently well below its pre-crisis forecast. The weakness in consumption and elevated household savings are likely the result of prolonged uncertainty surrounding the virus and vaccine efficacy as well as a soft labor market as new urban job creation is still hovering below 2019 levels. Further, we believe the Zero-COVID approach adopted by the authorities has had a considerable impact on private consumption as it creates uncertainty about what the future holds for the Chinese economy. The strict measures imposed by the government from time to time have also created a stop-and-go business activity pattern, which is not ideal for economic growth.Exhibit 4: Private consumption in ChinaThe International Monetary Fund.Source: The International Monetary FundWith lockdown measures imposed in Shenzhen and Shanghai in March and April, respectively, we remain cautious on the revenue prospects for Alibaba in the upcoming quarter, and we fear the company might once again disappoint investors with lackluster growth, and in the worst-case scenario, with a massive earnings miss.Exhibit 5: China economic growth and outbreaks of COVID-19The International Monetary Fund.Source: The International Monetary FundAs a tool to spur economic growth, China’s Central bank has been resorting to decreasing its policy rates in the past. We view the latest decision on April 15 to keep interest rates unchanged as unexpected. However, we believe further expansionary monetary policy decisions would have to be made eventually over the course of the year to support demand until private consumption recovers fully.The Zero-COVID policy enacted by the Chinese government along with the already struggling private consumption leaves us with no doubt that Alibaba will find it difficult to grow in the next couple of quarters.TakeawayFor close to a year, we have been monitoring Alibaba, and we have been eagerly expecting Mr. Market to focus on the fundamentals of the company instead of temporary external shocks. Today, we believe this is finally happening, aided by the Chinese regulators' positive comments toward tech companies. The shift in focus from the tech crackdown to the company's financials is a positive one, but then again, Alibaba is going through a difficult period financially, so this positive development will not yield positive results just yet. However, we believe Alibaba is deeply undervalued today and that handsome returns are in the cards for investors willing to stomach this volatility. For this reason, we remain invested in Alibaba.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998263807,"gmtCreate":1661006958511,"gmtModify":1676536438212,"author":{"id":"4093788345983180","authorId":"4093788345983180","name":"Novice21","avatar":"https://static.tigerbbs.com/3b3d8e83705d2912d6813f4ebef6e62c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093788345983180","idStr":"4093788345983180"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/5SO.SI\">$DUTY FREE INTERNATIONALLIMITED(5SO.SI)$</a>S","listText":"<a href=\"https://ttm.financial/S/5SO.SI\">$DUTY FREE INTERNATIONALLIMITED(5SO.SI)$</a>S","text":"$DUTY FREE 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href=\"https://ttm.financial/S/5SO.SI\">$DUTY FREE INTERNATIONALLIMITED(5SO.SI)$</a>Hi","text":"$DUTY FREE INTERNATIONALLIMITED(5SO.SI)$Hi","images":[{"img":"https://community-static.tradeup.com/news/faf6b7412a14c1e3d098f9eb1f3617d8","width":"1242","height":"2448"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903651420","isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9075111443,"gmtCreate":1658160598282,"gmtModify":1676536114594,"author":{"id":"4093788345983180","authorId":"4093788345983180","name":"Novice21","avatar":"https://static.tigerbbs.com/3b3d8e83705d2912d6813f4ebef6e62c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093788345983180","idStr":"4093788345983180"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/5SO.SI\">$DUTY FREE 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INTERNATIONALLIMITED(5SO.SI)$Hi","images":[{"img":"https://community-static.tradeup.com/news/357d52254e3ce8b4d6b600caaa54fa3c","width":"1242","height":"2448"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9075111443","isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9079255085,"gmtCreate":1657208175147,"gmtModify":1676535969798,"author":{"id":"4093788345983180","authorId":"4093788345983180","name":"Novice21","avatar":"https://static.tigerbbs.com/3b3d8e83705d2912d6813f4ebef6e62c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093788345983180","idStr":"4093788345983180"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079255085","repostId":"2249546463","repostType":4,"repost":{"id":"2249546463","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1657149693,"share":"https://ttm.financial/m/news/2249546463?lang=&edition=fundamental","pubTime":"2022-07-07 07:21","market":"us","language":"en","title":"Why a Rally in Growth Stocks Could Signal \"Peak\" Fed Hawkishness Has Passed","url":"https://stock-news.laohu8.com/highlight/detail?id=2249546463","media":"Dow Jones","summary":"If tech can sustain outperformance that will mean the market thinks the Fed has passed 'peak hawkish","content":"<html><head></head><body><p>If tech can sustain outperformance that will mean the market thinks the Fed has passed &#39;peak hawkishness,&#39; according to Sevens Report</p><p>Growth stocks have outperformed value equities recently as investors begin to question if the Federal Reserve has passed peak hawkishness already with its plans to raise rates to combat high inflation.</p><p>Recent bets on fed-funds futures have pointed toward a potential pivot back to rate cuts at some point next year, while 10-year yields on U.S. government debt have fallen below 3%. Corporate bond spreads have widened as recession worries bubble up. But thedecline in Treasury yields appears to be giving a lift to technology and other growth stocks over value-oriented equities.</p><p>&#34;While it&#39;s too early to declare the value outperformance &#39;over,&#39; we do think the outperformance of tech recently is notable, because if it continues that will be a strong signal that the market is now looking past future rates hikes towards eventual rate cuts in 2023,&#34; said Tom Essaye, founder of Sevens Report Research, in a note Wednesday. &#34;If tech can mount sustained outperformance that will tell us the market thinks the Fed has passed &#39;peak hawkishness.&#39;&#34;</p><p>Long-term Treasury yields have been falling recently because investors are worried that the U.S. economy is slowing and &#34;a recession is a distinct possibility,&#34; said Tom Graff, head of investments at Facet Wealth, by phone.</p><p>The yield on the 10-year Treasury note jumped as high as about 3.482% in June, before falling Tuesday to 2.808%--the lowest since May 27 based on 3 p.m. Eastern Time levels, according to Dow Jones Market Data. That compares with a yield of about 1.5% at the end of 2021, when investors were anticipating that the Fed was gearing up to hike its benchmark rate to curb hot inflation.</p><p>The Fed raised its benchmark rate in March for the first time since 2018, lifting it a quarter percentage point from near zero while laying out plans for further increases as inflation was running at the hottest pace in 40 years. Since then, the central bank has become more hawkish, announcing larger rate hikes as the cost of living has remained stubbornly high.</p><p>That has made investors anxious that the Fed risks causing a recession by potentially being too aggressive to bring runaway inflation under control.</p><p>Read:Fed&#39;s Waller backs another jumbo 75 bp interest-rate hike in July</p><p>But now slowing growth has some investors questioning how long the Fed will continue on an aggressive path of monetary tightening, even though it began hiking rates just this year.</p><h2>Recession worries</h2><p>The yield curve spread between 10-year and 2-year Treasury rates briefly inverted on July 5 for the first time since mid-June, another sign that the U.S. may be facing a recession, although this time against a backdrop of declining rates, according to Graff. The yield curve was inverted on Wednesday afternoon, with two-year yields  slightly higher than 10-year rates , FactSet data show.</p><p>In Graff&#39;s view, the corporate bond market also has been flashing recession concerns.</p><p>&#34;Investment-grade corporate spreads are about as wide as they&#39;ve been any time&#34; outside of a  recession in the last 25 years, said Graff. That doesn&#39;t mean there&#39;s &#34;100% odds&#34; of an economic contraction, he said, &#34;but it&#39;s definitely clearly showing credit markets think there&#39;s a risk.&#34;</p><p>Spreads over Treasurys for high-yield debt, or junk bonds, have similarly increased, according to Graff.</p><p>&#34;U.S. corporate bond spreads continue to move higher even though 10-year Treasury yields peaked 3 weeks ago,&#34; said Nicholas Colas, co-founder of DataTrek Research, in a note emailed July 6. &#34;Spreads tend to rise when markets are increasingly uncertain about future corporate cash flows, and that has been the case most of this year.&#34;</p><p>Investors worry about cash flows drying up in an economic slowdown as that may hinder companies from reinvesting in their businesses, or make it more difficult for cash-strapped borrowers to meet their financial obligations.</p><p>The U.S. stock market has sunk this year after a repricing of valuations that looked stretched as rates rose. Growth stocks, including shares of technology-related companies, have taken a steep drop in 2022.The tech-heavy Nasdaq Composite plunged 29.5% during the first half of this year, while the S&amp;P 500 dropped 20.6%.</p><p>Growth stocks are particularly sensitive to rising rates as their anticipated cash flow streams are far out into the future. But with rates recently falling amid recession concerns, they&#39;ve recently been gaining ground after being trounced by value-style bets over a stretch that began late last year.</p><p>Since June 10, the Russell 1000 Growth Index  has eked out a gain of 0.5% through Wednesday,  while the Russell 1000 Value Index  dropped about 3.7% over the same period, FactSet data show.</p><p>Upcoming company earnings reports for the second quarter should give investors a &#34;clearer picture&#34; of what companies expect in terms of demand for their goods and services in the second half of 2022, as well as which direction stocks will be headed, according to Graff.</p><p>&#34;Some amount of earnings slowdown is priced in,&#34; he said of the equities market. &#34;In our view, if earnings are mildly lower in the second half but companies see them rebounding in &#39;23, that&#39;s probably a pretty good outcome for stocks.&#34;</p><p>In prior recessions, the average earnings drop for the S&amp;P 500 was 13%, with the global financial crisis, or GFC, skewing the results, according to Tony DeSpirito, BlackRock&#39;s chief investment officer for U.S. fundamental equities. A chart in his third-quarter outlook report illustrates this finding.</p><p>&#34;We are not calling for a recession, but we are cognizant that the risks of a recession are rising,&#34; DeSpirito said in the note. &#34;The Fed is tightening monetary policy, bringing an end to &#39;easy money&#39; policies,&#34; he said, while 30-year mortgage rates have about doubled since last year to nearly 6% today, inflation is starting to &#34;erode household savings&#34; and &#34;inventories of goods are elevated as both pandemic-induced supply shortages and voracious demand ease.&#34;</p><p>All three major U.S. stock benchmarks ended Wednesday higher after the release of minutes of the Fed&#39;s last policy meeting. The S&amp;P 500  gained 0.4%, while the Nasdaq Composite  rose 0.3% and the Dow Jones Industrial Average  edged up 0.2%, according to Dow Jones Market Data.</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>Why a Rally in Growth Stocks Could Signal \"Peak\" Fed Hawkishness Has Passed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy a Rally in Growth Stocks Could Signal \"Peak\" Fed Hawkishness Has Passed\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-07 07:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>If tech can sustain outperformance that will mean the market thinks the Fed has passed &#39;peak hawkishness,&#39; according to Sevens Report</p><p>Growth stocks have outperformed value equities recently as investors begin to question if the Federal Reserve has passed peak hawkishness already with its plans to raise rates to combat high inflation.</p><p>Recent bets on fed-funds futures have pointed toward a potential pivot back to rate cuts at some point next year, while 10-year yields on U.S. government debt have fallen below 3%. Corporate bond spreads have widened as recession worries bubble up. But thedecline in Treasury yields appears to be giving a lift to technology and other growth stocks over value-oriented equities.</p><p>&#34;While it&#39;s too early to declare the value outperformance &#39;over,&#39; we do think the outperformance of tech recently is notable, because if it continues that will be a strong signal that the market is now looking past future rates hikes towards eventual rate cuts in 2023,&#34; said Tom Essaye, founder of Sevens Report Research, in a note Wednesday. &#34;If tech can mount sustained outperformance that will tell us the market thinks the Fed has passed &#39;peak hawkishness.&#39;&#34;</p><p>Long-term Treasury yields have been falling recently because investors are worried that the U.S. economy is slowing and &#34;a recession is a distinct possibility,&#34; said Tom Graff, head of investments at Facet Wealth, by phone.</p><p>The yield on the 10-year Treasury note jumped as high as about 3.482% in June, before falling Tuesday to 2.808%--the lowest since May 27 based on 3 p.m. Eastern Time levels, according to Dow Jones Market Data. That compares with a yield of about 1.5% at the end of 2021, when investors were anticipating that the Fed was gearing up to hike its benchmark rate to curb hot inflation.</p><p>The Fed raised its benchmark rate in March for the first time since 2018, lifting it a quarter percentage point from near zero while laying out plans for further increases as inflation was running at the hottest pace in 40 years. Since then, the central bank has become more hawkish, announcing larger rate hikes as the cost of living has remained stubbornly high.</p><p>That has made investors anxious that the Fed risks causing a recession by potentially being too aggressive to bring runaway inflation under control.</p><p>Read:Fed&#39;s Waller backs another jumbo 75 bp interest-rate hike in July</p><p>But now slowing growth has some investors questioning how long the Fed will continue on an aggressive path of monetary tightening, even though it began hiking rates just this year.</p><h2>Recession worries</h2><p>The yield curve spread between 10-year and 2-year Treasury rates briefly inverted on July 5 for the first time since mid-June, another sign that the U.S. may be facing a recession, although this time against a backdrop of declining rates, according to Graff. The yield curve was inverted on Wednesday afternoon, with two-year yields  slightly higher than 10-year rates , FactSet data show.</p><p>In Graff&#39;s view, the corporate bond market also has been flashing recession concerns.</p><p>&#34;Investment-grade corporate spreads are about as wide as they&#39;ve been any time&#34; outside of a  recession in the last 25 years, said Graff. That doesn&#39;t mean there&#39;s &#34;100% odds&#34; of an economic contraction, he said, &#34;but it&#39;s definitely clearly showing credit markets think there&#39;s a risk.&#34;</p><p>Spreads over Treasurys for high-yield debt, or junk bonds, have similarly increased, according to Graff.</p><p>&#34;U.S. corporate bond spreads continue to move higher even though 10-year Treasury yields peaked 3 weeks ago,&#34; said Nicholas Colas, co-founder of DataTrek Research, in a note emailed July 6. &#34;Spreads tend to rise when markets are increasingly uncertain about future corporate cash flows, and that has been the case most of this year.&#34;</p><p>Investors worry about cash flows drying up in an economic slowdown as that may hinder companies from reinvesting in their businesses, or make it more difficult for cash-strapped borrowers to meet their financial obligations.</p><p>The U.S. stock market has sunk this year after a repricing of valuations that looked stretched as rates rose. Growth stocks, including shares of technology-related companies, have taken a steep drop in 2022.The tech-heavy Nasdaq Composite plunged 29.5% during the first half of this year, while the S&amp;P 500 dropped 20.6%.</p><p>Growth stocks are particularly sensitive to rising rates as their anticipated cash flow streams are far out into the future. But with rates recently falling amid recession concerns, they&#39;ve recently been gaining ground after being trounced by value-style bets over a stretch that began late last year.</p><p>Since June 10, the Russell 1000 Growth Index  has eked out a gain of 0.5% through Wednesday,  while the Russell 1000 Value Index  dropped about 3.7% over the same period, FactSet data show.</p><p>Upcoming company earnings reports for the second quarter should give investors a &#34;clearer picture&#34; of what companies expect in terms of demand for their goods and services in the second half of 2022, as well as which direction stocks will be headed, according to Graff.</p><p>&#34;Some amount of earnings slowdown is priced in,&#34; he said of the equities market. &#34;In our view, if earnings are mildly lower in the second half but companies see them rebounding in &#39;23, that&#39;s probably a pretty good outcome for stocks.&#34;</p><p>In prior recessions, the average earnings drop for the S&amp;P 500 was 13%, with the global financial crisis, or GFC, skewing the results, according to Tony DeSpirito, BlackRock&#39;s chief investment officer for U.S. fundamental equities. A chart in his third-quarter outlook report illustrates this finding.</p><p>&#34;We are not calling for a recession, but we are cognizant that the risks of a recession are rising,&#34; DeSpirito said in the note. &#34;The Fed is tightening monetary policy, bringing an end to &#39;easy money&#39; policies,&#34; he said, while 30-year mortgage rates have about doubled since last year to nearly 6% today, inflation is starting to &#34;erode household savings&#34; and &#34;inventories of goods are elevated as both pandemic-induced supply shortages and voracious demand ease.&#34;</p><p>All three major U.S. stock benchmarks ended Wednesday higher after the release of minutes of the Fed&#39;s last policy meeting. The S&amp;P 500  gained 0.4%, while the Nasdaq Composite  rose 0.3% and the Dow Jones Industrial Average  edged up 0.2%, according to Dow Jones Market Data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2249546463","content_text":"If tech can sustain outperformance that will mean the market thinks the Fed has passed 'peak hawkishness,' according to Sevens ReportGrowth stocks have outperformed value equities recently as investors begin to question if the Federal Reserve has passed peak hawkishness already with its plans to raise rates to combat high inflation.Recent bets on fed-funds futures have pointed toward a potential pivot back to rate cuts at some point next year, while 10-year yields on U.S. government debt have fallen below 3%. Corporate bond spreads have widened as recession worries bubble up. But thedecline in Treasury yields appears to be giving a lift to technology and other growth stocks over value-oriented equities.\"While it's too early to declare the value outperformance 'over,' we do think the outperformance of tech recently is notable, because if it continues that will be a strong signal that the market is now looking past future rates hikes towards eventual rate cuts in 2023,\" said Tom Essaye, founder of Sevens Report Research, in a note Wednesday. \"If tech can mount sustained outperformance that will tell us the market thinks the Fed has passed 'peak hawkishness.'\"Long-term Treasury yields have been falling recently because investors are worried that the U.S. economy is slowing and \"a recession is a distinct possibility,\" said Tom Graff, head of investments at Facet Wealth, by phone.The yield on the 10-year Treasury note jumped as high as about 3.482% in June, before falling Tuesday to 2.808%--the lowest since May 27 based on 3 p.m. Eastern Time levels, according to Dow Jones Market Data. That compares with a yield of about 1.5% at the end of 2021, when investors were anticipating that the Fed was gearing up to hike its benchmark rate to curb hot inflation.The Fed raised its benchmark rate in March for the first time since 2018, lifting it a quarter percentage point from near zero while laying out plans for further increases as inflation was running at the hottest pace in 40 years. Since then, the central bank has become more hawkish, announcing larger rate hikes as the cost of living has remained stubbornly high.That has made investors anxious that the Fed risks causing a recession by potentially being too aggressive to bring runaway inflation under control.Read:Fed's Waller backs another jumbo 75 bp interest-rate hike in JulyBut now slowing growth has some investors questioning how long the Fed will continue on an aggressive path of monetary tightening, even though it began hiking rates just this year.Recession worriesThe yield curve spread between 10-year and 2-year Treasury rates briefly inverted on July 5 for the first time since mid-June, another sign that the U.S. may be facing a recession, although this time against a backdrop of declining rates, according to Graff. The yield curve was inverted on Wednesday afternoon, with two-year yields  slightly higher than 10-year rates , FactSet data show.In Graff's view, the corporate bond market also has been flashing recession concerns.\"Investment-grade corporate spreads are about as wide as they've been any time\" outside of a  recession in the last 25 years, said Graff. That doesn't mean there's \"100% odds\" of an economic contraction, he said, \"but it's definitely clearly showing credit markets think there's a risk.\"Spreads over Treasurys for high-yield debt, or junk bonds, have similarly increased, according to Graff.\"U.S. corporate bond spreads continue to move higher even though 10-year Treasury yields peaked 3 weeks ago,\" said Nicholas Colas, co-founder of DataTrek Research, in a note emailed July 6. \"Spreads tend to rise when markets are increasingly uncertain about future corporate cash flows, and that has been the case most of this year.\"Investors worry about cash flows drying up in an economic slowdown as that may hinder companies from reinvesting in their businesses, or make it more difficult for cash-strapped borrowers to meet their financial obligations.The U.S. stock market has sunk this year after a repricing of valuations that looked stretched as rates rose. Growth stocks, including shares of technology-related companies, have taken a steep drop in 2022.The tech-heavy Nasdaq Composite plunged 29.5% during the first half of this year, while the S&P 500 dropped 20.6%.Growth stocks are particularly sensitive to rising rates as their anticipated cash flow streams are far out into the future. But with rates recently falling amid recession concerns, they've recently been gaining ground after being trounced by value-style bets over a stretch that began late last year.Since June 10, the Russell 1000 Growth Index  has eked out a gain of 0.5% through Wednesday,  while the Russell 1000 Value Index  dropped about 3.7% over the same period, FactSet data show.Upcoming company earnings reports for the second quarter should give investors a \"clearer picture\" of what companies expect in terms of demand for their goods and services in the second half of 2022, as well as which direction stocks will be headed, according to Graff.\"Some amount of earnings slowdown is priced in,\" he said of the equities market. \"In our view, if earnings are mildly lower in the second half but companies see them rebounding in '23, that's probably a pretty good outcome for stocks.\"In prior recessions, the average earnings drop for the S&P 500 was 13%, with the global financial crisis, or GFC, skewing the results, according to Tony DeSpirito, BlackRock's chief investment officer for U.S. fundamental equities. A chart in his third-quarter outlook report illustrates this finding.\"We are not calling for a recession, but we are cognizant that the risks of a recession are rising,\" DeSpirito said in the note. \"The Fed is tightening monetary policy, bringing an end to 'easy money' policies,\" he said, while 30-year mortgage rates have about doubled since last year to nearly 6% today, inflation is starting to \"erode household savings\" and \"inventories of goods are elevated as both pandemic-induced supply shortages and voracious demand ease.\"All three major U.S. stock benchmarks ended Wednesday higher after the release of minutes of the Fed's last policy meeting. The S&P 500  gained 0.4%, while the Nasdaq Composite  rose 0.3% and the Dow Jones Industrial Average  edged up 0.2%, according to Dow Jones Market Data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939560311,"gmtCreate":1662132937333,"gmtModify":1676537005337,"author":{"id":"4093788345983180","authorId":"4093788345983180","name":"Novice21","avatar":"https://static.tigerbbs.com/3b3d8e83705d2912d6813f4ebef6e62c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093788345983180","idStr":"4093788345983180"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/KO\">$Coca-Cola(KO)$</a>Hi","listText":"<a 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