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Wall Street closes rollercoaster week sharply lower

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U.S. Stock Market Faces Risk of Bumpy Autumn, Wall Street Analysts Warn

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and comment thanks&nbsp;","listText":"Like and comment thanks&nbsp;","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869807722","repostId":"1103252137","repostType":4,"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887128900,"gmtCreate":1632010468000,"gmtModify":1676530684698,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093867056999920","authorIdStr":"4093867056999920"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/887128900","repostId":"2168716185","repostType":4,"repost":{"id":"2168716185","kind":"news","pubTimestamp":1631916051,"share":"https://ttm.financial/m/news/2168716185?lang=&edition=fundamental","pubTime":"2021-09-18 06:00","market":"us","language":"en","title":"Wall Street closes rollercoaster week sharply lower","url":"https://stock-news.laohu8.com/highlight/detail?id=2168716185","media":"The Straits Times","summary":"NEW YORK  - US stocks ended sharply lower in a broad sell-off on Friday , ending a week buffeted by strong economic data, corporate tax hike worries, the Delta Covid-19 variant, and possible shifts in the US Federal Reserve's timeline for tapering asset purchases.All three major US stock indexes lost ground, with the Nasdaq Composite Index's weighed down as rising US Treasury yields pressured market-leading growth stocks.They also posted weekly losses, with the S&P index suffering its biggest tw","content":"<div>\n<p>NEW YORK (REUTERS) - US stocks ended sharply lower in a broad sell-off on Friday (Sept 17), ending a week buffeted by strong economic data, corporate tax hike worries, the Delta Covid-19 variant, and ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wall-street-closes-rollercoaster-week-sharply-lower\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street closes rollercoaster week sharply lower</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street closes rollercoaster week sharply lower\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-18 06:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/wall-street-closes-rollercoaster-week-sharply-lower><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (REUTERS) - US stocks ended sharply lower in a broad sell-off on Friday (Sept 17), ending a week buffeted by strong economic data, corporate tax hike worries, the Delta Covid-19 variant, and ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wall-street-closes-rollercoaster-week-sharply-lower\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","SDS":"两倍做空标普500ETF","SPXU":"三倍做空标普500ETF","IVV":"标普500指数ETF",".SPX":"S&P 500 Index","OEX":"标普100","SH":"标普500反向ETF"},"source_url":"http://www.straitstimes.com/business/companies-markets/wall-street-closes-rollercoaster-week-sharply-lower","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168716185","content_text":"NEW YORK (REUTERS) - US stocks ended sharply lower in a broad sell-off on Friday (Sept 17), ending a week buffeted by strong economic data, corporate tax hike worries, the Delta Covid-19 variant, and possible shifts in the US Federal Reserve's timeline for tapering asset purchases.\nAll three major US stock indexes lost ground, with the Nasdaq Composite Index's weighed down as rising US Treasury yields pressured market-leading growth stocks.\nThey also posted weekly losses, with the S&P index suffering its biggest two-week drop since February.\n\"The market is struggling with prospects for tighter fiscal policy due to tax increases, and tighter monetary policy due to Fed tapering,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York.\n\"Equity markets are also a little softer due to today's weak Consumer Sentiment data,\" Carter added. \"It's triggering concerns that the Delta variant could slow economic growth.\"\nA potential hike in corporate taxes could eat into earnings also weigh on markets, with leading Democrats seeking to raise the top tax rate on corporations to 26.5 per cent from the current 21 per cent.\nWhile consumer sentiment steadied this month it remains depressed, according to a University of Michigan report, as Americans postpone purchases while inflation remains high.\nInflation is likely to be a major issue next week, when the Federal Open Markets Committee holds its two-day monetary policy meeting. Market participants will be watching closely for changes in nuance which could signal a shift in the Fed's tapering timeline.\n\"It has been a week of mixed economic data and we are focused clearly on what will come out of the Fed meeting next week,\" said Bill Northey, senior investment director at US Bank Wealth Management in Helena, Montana.\nThe Dow Jones Industrial Average fell 166.44 points, or 0.48 per cent, to 34,584.88; the S&P 500 lost 40.76 points, or 0.91 per cent, at 4,432.99; and the Nasdaq Composite dropped 137.96 points, or 0.91 per cent, to 15,043.97.\nThe S&P 500 ended below its 50-day moving average, which in recent history has proven a rather sturdy support level.\nOf the 11 major sectors in the S&P 500, all but healthcare ended in the red, with materials and utilities suffering the biggest percentage drops.\nWall Street ends rollercoaster week sharply lower\nCovid-19 vaccine manufacturers Pfizer and Moderna dropped 1.3 per cent and 2.4 per cent, respectively, as US health officials moved the debate over booster doses to a panel of independent experts.\nUS Steel Corp shed 8 per cent after it unveiled a US$3 billion (S$4 billion) mini-mill investment plan.\nVolume and volatility spiked toward the end of the session due to \"triple witching,\" which is the quarterly, simultaneous expiration of stock options, stock index futures, and stock index options contracts.\nVolume on US exchanges was 15.51 billion shares, compared with the 9.70 billion average over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.97-to-1 ratio; on Nasdaq, a 1.00-to-1 ratio favoured advancers.\nThe S&P 500 posted seven new 52-week highs and two new lows; the Nasdaq Composite recorded 67 new highs and 82 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":522,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885988570,"gmtCreate":1631751305290,"gmtModify":1676530624155,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093867056999920","authorIdStr":"4093867056999920"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885988570","repostId":"2167596281","repostType":4,"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882048810,"gmtCreate":1631634006530,"gmtModify":1676530596685,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093867056999920","authorIdStr":"4093867056999920"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/882048810","repostId":"2167551306","repostType":4,"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888678140,"gmtCreate":1631496413680,"gmtModify":1676530557053,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093867056999920","authorIdStr":"4093867056999920"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888678140","repostId":"1120557186","repostType":4,"isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888671284,"gmtCreate":1631496380248,"gmtModify":1676530557037,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093867056999920","authorIdStr":"4093867056999920"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888671284","repostId":"1190225456","repostType":4,"repost":{"id":"1190225456","kind":"news","pubTimestamp":1631492039,"share":"https://ttm.financial/m/news/1190225456?lang=&edition=fundamental","pubTime":"2021-09-13 08:13","market":"us","language":"en","title":"U.S. Stock Market Faces Risk of Bumpy Autumn, Wall Street Analysts Warn","url":"https://stock-news.laohu8.com/highlight/detail?id=1190225456","media":"WSJ","summary":"After a record-breaking bull run for the U.S. stock market this year, many Wall Street analysts are ","content":"<p>After a record-breaking bull run for the U.S. stock market this year, many Wall Street analysts are starting to warn that investors could be in for a bumpy ride in the coming weeks and months.</p>\n<p>Analysts at firms including Morgan Stanley, Citigroup Inc., Deutsche Bank AG and Bank of America Corp. published notes this month cautioning about current risks in the U.S. equity market. With the S&amp;P 500 already hitting 54 records this year through Thursday—the most during that period since 1995—several analysts said that they believe there is a growing possibility of a pullback or, at the least, flatter returns.</p>\n<p>Behind that cautious outlook, the researchers said, is a combination of things, including&nbsp;euphoric investment sentiment, extended valuations and anticipation that inflation and supply-chain disruptions will weigh on corporate margins.</p>\n<p>In a Wednesday note, strategists at BofA Securities said they saw little to be excited about, asking, “What good news is left?” They added, “A lot of optimism is already priced in.”</p>\n<p>In the note, the Bank of America team led by Savita Subramanian, head of U.S. equity and quantitative strategy, moved its year-end price target for the S&amp;P 500 price to 4250—a 4.7% reduction from the 4458.58 level at which the benchmark index closed Friday. For 2022, Bank of America set a 4600 price target for the end of the year.</p>\n<p>The analysts’ cautious outlook for U.S. stocks presents a contrast to the so-called TINA—or “There Is No Alternative”—motto that has dominated investors’ outlook for much of the past year. Because yields on other assets such as bonds have been so low, many investors have justified their continuous bullish positioning in stocks.Accommodative monetary policy&nbsp;from the Federal Reserve has provided a continuous boost for equities this year, too, as has the lure of big investment returns from a swath of companies, ranging from&nbsp;meme stocks&nbsp;to&nbsp;Covid-19 beneficiaries.</p>\n<p>In their September notes, however, some strategists said they were looking at other parts of the market for future gains. In a note last week, Morgan Stanley strategists wrote that they were downgrading their rating on U.S. equities to “underweight,” saying they prefer stocks in Europe and Japan and view cash as increasingly attractive to hold.</p>\n<p>“We expect an understandable level of eye-rolling as we move overweight cash,” the Morgan Stanley team including Andrew Sheets wrote in the note, adding the caveat that select international equities and other assets are attractive relative to cash. The note continued, “Morgan Stanley strategists forecast cash to outperform U.S. equities, government bonds and credit over the next 12 months.”</p>\n<p>Parts of Morgan Stanley’s forecast are being put to work at New York Life Investments, the investment arm of New York Life Insurance Co. with more than $600 billion in assets under management.</p>\n<p>In its investment portfolio, the firm currently has an overweight position in international developed equity. Lauren Goodwin, an economist and portfolio strategist at New York Life Investments, said there has been more economic upside in Europe and Canada—two areas in which the firm has increased its investments.</p>\n<p>Domestically, Ms. Goodwin says she believes the best days for some portions of the market are likely behind us. Still, she says it is too early for investors to go fully defensive. She said the investment firm expects some value and small-cap companies to continue to perform well.</p>\n<p>“The way we’re positioning our portfolios is that we are sticking with the reopening trade but believe...investors will have to invest more time and effort into finding quality companies that will continue to see earnings expansion,” said Ms. Goodwin.</p>\n<p>Already there have been signs of weakness within the U.S. stock market in recent trading sessions. All three major indexes declined last week and are currently down for the month. The trend, if continued, would mark the first monthly loss for the S&amp;P 500 since January. In general, September tends to be a historically weak period for the U.S. stock market. This year, in particular, investors are entering the choppy period with uncertainty.</p>\n<p>In the week ahead,&nbsp;investors will be parsing the latest inflation data that will come from the Labor Department’s consumer-price index, due out Tuesday. They will also be on the lookout for any fresh commentary from central bankers on their views of when the Fed will pull back on its asset-buying stimulus program. Some investors and analysts see the tightening of monetary policy as a potential risk for stocks.</p>\n<p>In a note last week, analysts at Citi Research said they see another risk for the market: the concern that current bullish positioning could amplify a market selloff. Such long positions on the S&amp;P 500 outnumber shorts 10 to 1, a team of analysts including Chris Montagu wrote, adding that around half of long positions would be in a loss situation if the benchmark index moved below 4435, less than 1% away from Friday’s closing level.</p>\n<p>“That means a small correction could be amplified by forced long liquidation pushing the market further down,” the Citi note said.</p>\n<p>This month’s alarm bells from analysts aren’t the first to be sounded during the current bull market. Throughout 2021, wide-ranging market observers on Wall Street have raised concerns about signs of excess in the market, and investors have periodically braced for a pullback.</p>\n<p>Still, U.S. stocks have largely kept rising, even in the midst of periodic stretches of declines. On Friday&nbsp;the S&amp;P 500 fell&nbsp;for a fifth consecutive session, its longest losing streak since February, to post a 1.7% loss for the week.</p>\n<p>The last time the benchmark index had a weekly loss around that size was the week ended June 18, when it fell 1.9% for the week. The index then went on to rally 4.9% over the next three weeks.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stock Market Faces Risk of Bumpy Autumn, Wall Street Analysts Warn</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\">\nU.S. Stock Market Faces Risk of Bumpy Autumn, Wall Street Analysts Warn\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/u-s-stock-market-faces-potentially-bumpy-autumn-wall-street-analysts-warn-11631439002?mod=hp_lead_pos1><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a record-breaking bull run for the U.S. stock market this year, many Wall Street analysts are starting to warn that investors could be in for a bumpy ride in the coming weeks and months.\n...</p>\n\n<a href=\"https://www.wsj.com/articles/u-s-stock-market-faces-potentially-bumpy-autumn-wall-street-analysts-warn-11631439002?mod=hp_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.wsj.com/articles/u-s-stock-market-faces-potentially-bumpy-autumn-wall-street-analysts-warn-11631439002?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190225456","content_text":"After a record-breaking bull run for the U.S. stock market this year, many Wall Street analysts are starting to warn that investors could be in for a bumpy ride in the coming weeks and months.\nAnalysts at firms including Morgan Stanley, Citigroup Inc., Deutsche Bank AG and Bank of America Corp. published notes this month cautioning about current risks in the U.S. equity market. With the S&P 500 already hitting 54 records this year through Thursday—the most during that period since 1995—several analysts said that they believe there is a growing possibility of a pullback or, at the least, flatter returns.\nBehind that cautious outlook, the researchers said, is a combination of things, including euphoric investment sentiment, extended valuations and anticipation that inflation and supply-chain disruptions will weigh on corporate margins.\nIn a Wednesday note, strategists at BofA Securities said they saw little to be excited about, asking, “What good news is left?” They added, “A lot of optimism is already priced in.”\nIn the note, the Bank of America team led by Savita Subramanian, head of U.S. equity and quantitative strategy, moved its year-end price target for the S&P 500 price to 4250—a 4.7% reduction from the 4458.58 level at which the benchmark index closed Friday. For 2022, Bank of America set a 4600 price target for the end of the year.\nThe analysts’ cautious outlook for U.S. stocks presents a contrast to the so-called TINA—or “There Is No Alternative”—motto that has dominated investors’ outlook for much of the past year. Because yields on other assets such as bonds have been so low, many investors have justified their continuous bullish positioning in stocks.Accommodative monetary policy from the Federal Reserve has provided a continuous boost for equities this year, too, as has the lure of big investment returns from a swath of companies, ranging from meme stocks to Covid-19 beneficiaries.\nIn their September notes, however, some strategists said they were looking at other parts of the market for future gains. In a note last week, Morgan Stanley strategists wrote that they were downgrading their rating on U.S. equities to “underweight,” saying they prefer stocks in Europe and Japan and view cash as increasingly attractive to hold.\n“We expect an understandable level of eye-rolling as we move overweight cash,” the Morgan Stanley team including Andrew Sheets wrote in the note, adding the caveat that select international equities and other assets are attractive relative to cash. The note continued, “Morgan Stanley strategists forecast cash to outperform U.S. equities, government bonds and credit over the next 12 months.”\nParts of Morgan Stanley’s forecast are being put to work at New York Life Investments, the investment arm of New York Life Insurance Co. with more than $600 billion in assets under management.\nIn its investment portfolio, the firm currently has an overweight position in international developed equity. Lauren Goodwin, an economist and portfolio strategist at New York Life Investments, said there has been more economic upside in Europe and Canada—two areas in which the firm has increased its investments.\nDomestically, Ms. Goodwin says she believes the best days for some portions of the market are likely behind us. Still, she says it is too early for investors to go fully defensive. She said the investment firm expects some value and small-cap companies to continue to perform well.\n“The way we’re positioning our portfolios is that we are sticking with the reopening trade but believe...investors will have to invest more time and effort into finding quality companies that will continue to see earnings expansion,” said Ms. Goodwin.\nAlready there have been signs of weakness within the U.S. stock market in recent trading sessions. All three major indexes declined last week and are currently down for the month. The trend, if continued, would mark the first monthly loss for the S&P 500 since January. In general, September tends to be a historically weak period for the U.S. stock market. This year, in particular, investors are entering the choppy period with uncertainty.\nIn the week ahead, investors will be parsing the latest inflation data that will come from the Labor Department’s consumer-price index, due out Tuesday. They will also be on the lookout for any fresh commentary from central bankers on their views of when the Fed will pull back on its asset-buying stimulus program. Some investors and analysts see the tightening of monetary policy as a potential risk for stocks.\nIn a note last week, analysts at Citi Research said they see another risk for the market: the concern that current bullish positioning could amplify a market selloff. Such long positions on the S&P 500 outnumber shorts 10 to 1, a team of analysts including Chris Montagu wrote, adding that around half of long positions would be in a loss situation if the benchmark index moved below 4435, less than 1% away from Friday’s closing level.\n“That means a small correction could be amplified by forced long liquidation pushing the market further down,” the Citi note said.\nThis month’s alarm bells from analysts aren’t the first to be sounded during the current bull market. Throughout 2021, wide-ranging market observers on Wall Street have raised concerns about signs of excess in the market, and investors have periodically braced for a pullback.\nStill, U.S. stocks have largely kept rising, even in the midst of periodic stretches of declines. On Friday the S&P 500 fell for a fifth consecutive session, its longest losing streak since February, to post a 1.7% loss for the week.\nThe last time the benchmark index had a weekly loss around that size was the week ended June 18, when it fell 1.9% for the week. The index then went on to rally 4.9% over the next three weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888306772,"gmtCreate":1631429648496,"gmtModify":1676530547489,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093867056999920","authorIdStr":"4093867056999920"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888306772","repostId":"2166290377","repostType":4,"repost":{"id":"2166290377","kind":"highlight","pubTimestamp":1631415840,"share":"https://ttm.financial/m/news/2166290377?lang=&edition=fundamental","pubTime":"2021-09-12 11:04","market":"us","language":"en","title":"Should You Buy Peloton Before It Goes Back Up?","url":"https://stock-news.laohu8.com/highlight/detail?id=2166290377","media":"Motley Fool","summary":"With supply now able to keep up with demand, Peloton has a plan to boost profit margins.","content":"<p>Many investors have a hard time avoiding what's called price anchoring. People naturally want investments to at least get back to breakeven if prices drop after making a buy. Of course, timing the bottom in a market or individual stock isn't likely, and comes down to luck if it happens.</p>\n<p>Timing shouldn't matter much for long-term investors, though. But that same psychology drives the desire to buy stocks that have come down in price. And when a high-flying growth stock like <b>Peloton Interactive</b> (NASDAQ:PTON) goes through a price correction, it's worth taking a deeper look at whether it's a good idea to take advantage of the opportunity.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eb061c256a2d67cf7e7bb159594fb00e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Image source: Getty Images.</span></p>\n<h2>A perfect storm</h2>\n<p>The connected home-fitness company was one of the darlings of the 2020 stock market, with shares returning more than 400%. It was a top stay-at-home play, as sales exploded. Total revenue doubled for its 2020 fiscal year (which ended June 30, 2020) compared to the prior fiscal year.</p>\n<p>The growth continued into 2021, as sales grew another 120% for the year ending June 30, 2021, versus the prior 12-month period. But 2021 has now seen the opposite reaction to the stock. Shares are down 32% year to date, and almost 10% just over the last month.</p>\n<p>Investors have traded stay-at-home stocks for those thought to benefit most from reopening. Add in bad publicity from the company having to recall its treadmills due to a safety issue, along with the recently announced price cut for its exercise bikes, and the perfect storm that drove last year's stock gains seems to have subsided.</p>\n<h2>Addressing a good problem</h2>\n<p>One of Peloton's biggest problems last year was one most businesses would envy. Surging demand for its products resulted in long lead times and delayed deliveries. Management quickly addressed the supply issues. In December 2020, it announced an agreement to buy Precor, one of the world's largest providers of commercial fitness equipment. That would provide added production capacity.</p>\n<p>As it worked to close that transaction, in February 2021 the company said it would invest $100 million to cover expedited air and ocean freight that would get orders delivered more quickly. By May 2021, the company had closed the acquisition of Precor, announced plans to build its first U.S. factory, and said the average wait times for its bikes were back to pre-pandemic levels.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F641436%2Fpelotonbike.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"577\" referrerpolicy=\"no-referrer\"><span>Image source: Peloton Interactive.</span></p>\n<h2>The recurring revenue stream</h2>\n<p>One of the reasons the stock dropped recently was the announcement that Peloton cut the price of its original bike by $400. But if what was perceived as a product meant for only the wealthy is now more affordable, the lower equipment revenue will eventually be replaced by recurring-subscription revenue. In the fiscal fourth quarter ended June 30, 2021, subscription revenue grew 132% year over year, versus growth of just 35% for the connected-fitness hardware.</p>\n<p>For the full fiscal year, subscription revenue represented 22% of total revenue. But that is growing: It was 30% of total revenue in the fourth fiscal quarter. And subscription revenue has a much higher gross profit margin than connected fitness hardware revenue.</p>\n<p>Management expects the faster-growing recurring revenue to help boost gross margin by 700 basis points for the 2022 fiscal year compared to the most recent quarter. And even considering the reduced hardware pricing, Peloton is guiding investors to expect a 34% jump in total revenue for its 2022 fiscal year.</p>\n<h2>Paying up for growth</h2>\n<p>It's not surprising that a growth stock like Peloton is expensive based on its current business metrics. But using its fiscal 2022 revenue guidance, the stock is trading at a price-to-sales ratio below 6. That's down from approximately 18 at the start of 2021. And considering the popularity of the product and ongoing growth rates in sales, that isn't unreasonable.</p>\n<p>But the company isn't just growing in its core business, it is also expanding into commercial equipment through the Precor acquisition. And it has just announced the launch of Peloton Apparel, a private-label line of fitness clothing.</p>\n<p>Management's strategy to grow its customer base by lowering equipment prices makes sense. Once a customer purchases a bike or treadmill, the subscription service is difficult to drop. And since subscription revenue provides higher margins, you can start to see a clear path to profitability for Peloton.</p>\n<p>With a new apparel business and hardware for commercial locations just getting started, Peloton's future looks good. Now seems like a good opportunity to take advantage of the price drop and buy in before the stock goes back up.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should You Buy Peloton Before It Goes Back Up?</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\">\nShould You Buy Peloton Before It Goes Back Up?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 11:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/11/should-you-buy-peloton-before-it-goes-back-up/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Many investors have a hard time avoiding what's called price anchoring. People naturally want investments to at least get back to breakeven if prices drop after making a buy. Of course, timing the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/11/should-you-buy-peloton-before-it-goes-back-up/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PTON":"Peloton Interactive, Inc."},"source_url":"https://www.fool.com/investing/2021/09/11/should-you-buy-peloton-before-it-goes-back-up/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166290377","content_text":"Many investors have a hard time avoiding what's called price anchoring. People naturally want investments to at least get back to breakeven if prices drop after making a buy. Of course, timing the bottom in a market or individual stock isn't likely, and comes down to luck if it happens.\nTiming shouldn't matter much for long-term investors, though. But that same psychology drives the desire to buy stocks that have come down in price. And when a high-flying growth stock like Peloton Interactive (NASDAQ:PTON) goes through a price correction, it's worth taking a deeper look at whether it's a good idea to take advantage of the opportunity.\nImage source: Getty Images.\nA perfect storm\nThe connected home-fitness company was one of the darlings of the 2020 stock market, with shares returning more than 400%. It was a top stay-at-home play, as sales exploded. Total revenue doubled for its 2020 fiscal year (which ended June 30, 2020) compared to the prior fiscal year.\nThe growth continued into 2021, as sales grew another 120% for the year ending June 30, 2021, versus the prior 12-month period. But 2021 has now seen the opposite reaction to the stock. Shares are down 32% year to date, and almost 10% just over the last month.\nInvestors have traded stay-at-home stocks for those thought to benefit most from reopening. Add in bad publicity from the company having to recall its treadmills due to a safety issue, along with the recently announced price cut for its exercise bikes, and the perfect storm that drove last year's stock gains seems to have subsided.\nAddressing a good problem\nOne of Peloton's biggest problems last year was one most businesses would envy. Surging demand for its products resulted in long lead times and delayed deliveries. Management quickly addressed the supply issues. In December 2020, it announced an agreement to buy Precor, one of the world's largest providers of commercial fitness equipment. That would provide added production capacity.\nAs it worked to close that transaction, in February 2021 the company said it would invest $100 million to cover expedited air and ocean freight that would get orders delivered more quickly. By May 2021, the company had closed the acquisition of Precor, announced plans to build its first U.S. factory, and said the average wait times for its bikes were back to pre-pandemic levels.\nImage source: Peloton Interactive.\nThe recurring revenue stream\nOne of the reasons the stock dropped recently was the announcement that Peloton cut the price of its original bike by $400. But if what was perceived as a product meant for only the wealthy is now more affordable, the lower equipment revenue will eventually be replaced by recurring-subscription revenue. In the fiscal fourth quarter ended June 30, 2021, subscription revenue grew 132% year over year, versus growth of just 35% for the connected-fitness hardware.\nFor the full fiscal year, subscription revenue represented 22% of total revenue. But that is growing: It was 30% of total revenue in the fourth fiscal quarter. And subscription revenue has a much higher gross profit margin than connected fitness hardware revenue.\nManagement expects the faster-growing recurring revenue to help boost gross margin by 700 basis points for the 2022 fiscal year compared to the most recent quarter. And even considering the reduced hardware pricing, Peloton is guiding investors to expect a 34% jump in total revenue for its 2022 fiscal year.\nPaying up for growth\nIt's not surprising that a growth stock like Peloton is expensive based on its current business metrics. But using its fiscal 2022 revenue guidance, the stock is trading at a price-to-sales ratio below 6. That's down from approximately 18 at the start of 2021. And considering the popularity of the product and ongoing growth rates in sales, that isn't unreasonable.\nBut the company isn't just growing in its core business, it is also expanding into commercial equipment through the Precor acquisition. And it has just announced the launch of Peloton Apparel, a private-label line of fitness clothing.\nManagement's strategy to grow its customer base by lowering equipment prices makes sense. Once a customer purchases a bike or treadmill, the subscription service is difficult to drop. And since subscription revenue provides higher margins, you can start to see a clear path to profitability for Peloton.\nWith a new apparel business and hardware for commercial locations just getting started, Peloton's future looks good. Now seems like a good opportunity to take advantage of the price drop and buy in before the stock goes back up.","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881872367,"gmtCreate":1631327035759,"gmtModify":1676530529410,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093867056999920","authorIdStr":"4093867056999920"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881872367","repostId":"2166939327","repostType":4,"isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817637301,"gmtCreate":1630939350403,"gmtModify":1676530425174,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093867056999920","authorIdStr":"4093867056999920"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817637301","repostId":"1158081583","repostType":4,"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817635457,"gmtCreate":1630939188279,"gmtModify":1676530425131,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093867056999920","authorIdStr":"4093867056999920"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817635457","repostId":"2165938194","repostType":4,"repost":{"id":"2165938194","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630919700,"share":"https://ttm.financial/m/news/2165938194?lang=&edition=fundamental","pubTime":"2021-09-06 17:15","market":"sh","language":"en","title":"China's Great Wall to launch electric car and hybrid SUV in Europe in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2165938194","media":"Reuters","summary":"MUNICH, Sept 6 (Reuters) - Great Wall Motor will launch an electric compact car and a plug-in hybrid","content":"<p>MUNICH, Sept 6 (Reuters) - Great Wall Motor&nbsp;will launch an electric compact car and a plug-in hybrid SUV in Europe in 2022, it said on Monday, joining a growing number of Chinese carmakers trying their luck on the continent with low or zero-emission vehicles.</p>\n<p>The company said at the IAA car show in Munich it will start taking orders for the Coffee 01 plug-in SUV for the German market at the end of 2021. Deliveries of the vehicle, which will have an electric range of 150 kms (93.2 miles) and will be marketed under Great Wall's WEY brand, will start in the first half of 2022.</p>\n<p>The IAA show is the first major motor industry event worldwide since the COVID-19 pandemic.</p>\n<p>The Chinese carmaker said it will announce other European markets besides Germany for the Cofee 01 soon. The company will also launch its first European \"brand experience center\" in Munich in early 2022.</p>\n<p>Great Wall said the compact electric car, which will fall under its ORA brand and have a range of up to 400 kms, will also come to Europe in 2022. Orders will open for the ORA CAT toward the end of 2021, but the company did not specify in which markets it will be sold.</p>\n<p>Chinese electric vehicle <a href=\"https://laohu8.com/S/EV\">$(EV)$</a> maker Nio Inc said in May that it had launched its first overseas store in Norway.</p>\n<p>Rivals Xpeng Inc and BYD already sell electric cars in Europe.</p>\n<p>(Reporting By Nick Carey; Editing by Emelia Sithole-Matarise)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Great Wall to launch electric car and hybrid SUV in Europe in 2022</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\">\nChina's Great Wall to launch electric car and hybrid SUV in Europe in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-06 17:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>MUNICH, Sept 6 (Reuters) - Great Wall Motor&nbsp;will launch an electric compact car and a plug-in hybrid SUV in Europe in 2022, it said on Monday, joining a growing number of Chinese carmakers trying their luck on the continent with low or zero-emission vehicles.</p>\n<p>The company said at the IAA car show in Munich it will start taking orders for the Coffee 01 plug-in SUV for the German market at the end of 2021. Deliveries of the vehicle, which will have an electric range of 150 kms (93.2 miles) and will be marketed under Great Wall's WEY brand, will start in the first half of 2022.</p>\n<p>The IAA show is the first major motor industry event worldwide since the COVID-19 pandemic.</p>\n<p>The Chinese carmaker said it will announce other European markets besides Germany for the Cofee 01 soon. The company will also launch its first European \"brand experience center\" in Munich in early 2022.</p>\n<p>Great Wall said the compact electric car, which will fall under its ORA brand and have a range of up to 400 kms, will also come to Europe in 2022. Orders will open for the ORA CAT toward the end of 2021, but the company did not specify in which markets it will be sold.</p>\n<p>Chinese electric vehicle <a href=\"https://laohu8.com/S/EV\">$(EV)$</a> maker Nio Inc said in May that it had launched its first overseas store in Norway.</p>\n<p>Rivals Xpeng Inc and BYD already sell electric cars in Europe.</p>\n<p>(Reporting By Nick Carey; Editing by Emelia Sithole-Matarise)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"601633":"长城汽车","09868":"小鹏汽车-W","02333":"长城汽车","NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165938194","content_text":"MUNICH, Sept 6 (Reuters) - Great Wall Motor will launch an electric compact car and a plug-in hybrid SUV in Europe in 2022, it said on Monday, joining a growing number of Chinese carmakers trying their luck on the continent with low or zero-emission vehicles.\nThe company said at the IAA car show in Munich it will start taking orders for the Coffee 01 plug-in SUV for the German market at the end of 2021. Deliveries of the vehicle, which will have an electric range of 150 kms (93.2 miles) and will be marketed under Great Wall's WEY brand, will start in the first half of 2022.\nThe IAA show is the first major motor industry event worldwide since the COVID-19 pandemic.\nThe Chinese carmaker said it will announce other European markets besides Germany for the Cofee 01 soon. The company will also launch its first European \"brand experience center\" in Munich in early 2022.\nGreat Wall said the compact electric car, which will fall under its ORA brand and have a range of up to 400 kms, will also come to Europe in 2022. Orders will open for the ORA CAT toward the end of 2021, but the company did not specify in which markets it will be sold.\nChinese electric vehicle $(EV)$ maker Nio Inc said in May that it had launched its first overseas store in Norway.\nRivals Xpeng Inc and BYD already sell electric cars in Europe.\n(Reporting By Nick Carey; Editing by Emelia Sithole-Matarise)","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":863975165,"gmtCreate":1632356060457,"gmtModify":1676530760119,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093867056999920","idStr":"4093867056999920"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/863975165","repostId":"2169668034","repostType":4,"repost":{"id":"2169668034","kind":"news","pubTimestamp":1632355261,"share":"https://ttm.financial/m/news/2169668034?lang=&edition=fundamental","pubTime":"2021-09-23 08:01","market":"sg","language":"en","title":"Moderna vs Pfizer: Both knockouts, but one seems to have the edge","url":"https://stock-news.laohu8.com/highlight/detail?id=2169668034","media":"The Straits Times","summary":"NEW YORK (NYTIMES) - It was a constant refrain from federal health officials after the coronavirus v","content":"<div>\n<p>NEW YORK (NYTIMES) - It was a constant refrain from federal health officials after the coronavirus vaccines were authorised: These shots are all equally effective.\nThat has turned out not to be true.\n...</p>\n\n<a href=\"http://www.straitstimes.com/world/united-states/moderna-vs-pfizer-both-knockouts-but-one-seems-to-have-the-edge\">Web Link</a>\n\n</div>\n","source":"straits_highlight","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>Moderna vs Pfizer: Both knockouts, but one seems to have the edge</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\">\nModerna vs Pfizer: Both knockouts, but one seems to have the edge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 08:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/world/united-states/moderna-vs-pfizer-both-knockouts-but-one-seems-to-have-the-edge><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (NYTIMES) - It was a constant refrain from federal health officials after the coronavirus vaccines were authorised: These shots are all equally effective.\nThat has turned out not to be true.\n...</p>\n\n<a href=\"http://www.straitstimes.com/world/united-states/moderna-vs-pfizer-both-knockouts-but-one-seems-to-have-the-edge\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","MRNA":"Moderna, Inc."},"source_url":"http://www.straitstimes.com/world/united-states/moderna-vs-pfizer-both-knockouts-but-one-seems-to-have-the-edge","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169668034","content_text":"NEW YORK (NYTIMES) - It was a constant refrain from federal health officials after the coronavirus vaccines were authorised: These shots are all equally effective.\nThat has turned out not to be true.\nRoughly 221 million doses of the Pfizer-BioNTech vaccine have been dispensed thus far in the United States, compared with about 150 million doses of Moderna's vaccine. In a half-dozen studies published over the past few weeks, Moderna's vaccine appeared to be more protective than the Pfizer-BioNTech vaccine in the months after immunisation.\nThe latest such study, published on Wednesday (Sept 22) in The New England Journal of Medicine, evaluated the real-world effectiveness of the vaccines at preventing symptomatic illness in about 5,000 health care workers in 25 states. The study found that the Pfizer-BioNTech vaccine had an effectiveness of 88.8 per cent, compared with Moderna's 96.3 per cent.\nResearch published on Friday by the Centres for Disease Control and Prevention found that the efficacy of the Pfizer-BioNTech vaccine against hospitalisation fell from 91 per cent to 77 per cent after a four-month period following the second shot. The Moderna vaccine showed no decline over the same period.\nIf the efficacy gap continues to widen, it may have implications for the debate on booster shots. Federal agencies this week are evaluating the need for a third shot of the Pfizer-BioNTech vaccine for some high-risk groups, including older adults.\nScientists who were initially sceptical of the reported differences between the Moderna and Pfizer-BioNTech vaccines have slowly become convinced that the disparity is small but real.\n\"Our baseline assumption is that the mRNA vaccines are functioning similarly, but then you start to see a separation,\" said Natalie Dean, a biostatistician at Emory University in Atlanta. \"It's not a huge difference, but at least it's consistent.\"\nBut the discrepancy is small and the real-world consequences uncertain, because both vaccines are still highly effective at preventing severe illness and hospitalisation, she and others cautioned.\n\"Yes, likely a real difference, probably reflecting what's in the two vials,\" said John Moore, a virus expert at Weill Cornell Medicine in New York. \"But truly, how much does this difference matter in the real world?\"\n\"It's not appropriate for people who took Pfizer to be freaking out that they got an inferior vaccine.\"\nEven in the original clinical trials of the three vaccines eventually authorised in the United States - made by Pfizer-BioNTech, Moderna and Johnson & Johnson - it was clear that the J&J vaccine had a lower efficacy than the other two. Research since then has borne out that trend, although J&J announced this week that a second dose of its vaccine boosts its efficacy to levels comparable to the others.\nThe Pfizer-BioNTech and Moderna vaccines rely on the same mRNA platform, and in the initial clinical trials, they had remarkably similar efficacy against symptomatic infection: 95 per cent for Pfizer-BioNTech and 94 per cent for Moderna. This was in part why they were described as more or less equivalent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":861010841,"gmtCreate":1632441711483,"gmtModify":1676530782617,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093867056999920","idStr":"4093867056999920"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/861010841","repostId":"2169869677","repostType":4,"repost":{"id":"2169869677","kind":"highlight","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":1632440040,"share":"https://ttm.financial/m/news/2169869677?lang=&edition=fundamental","pubTime":"2021-09-24 07:34","market":"us","language":"en","title":"This is why this super-successful growth investor no longer owns Tesla shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2169869677","media":"Dow Jones","summary":"Dennis Lynch explains why he sold Tesla but owns bitcoin\nSuccessful innovations make life better for","content":"<p>Dennis Lynch explains why he sold Tesla but owns bitcoin</p>\n<p>Successful innovations make life better for customers, but that doesn't necessarily make those companies good investments.</p>\n<p>\"In some cases, innovation just helps all of us have a higher quality of life, and that doesn't mean that directly there's an investment or a company that flows from that that tailwind,\" Dennis Lynch, head of Counterpoint Global, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> Investment Management, said at the Morningstar Investment Conference on Thursday. His team runs several growth equity strategies for Morgan Stanley, including Morgan Stanley Institutional Inception Portfolio , which had an average annual return of 49.71% through the end of August, compared to a 12.27% annual gain for the Russell 2000 Growth Index.</p>\n<p>Electric vehicles is&nbsp;one&nbsp;sector like that, and it's why Lynch sold all his shares in Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> several years ago.</p>\n<p>Lynch said he owned shares of the electric vehicle maker in a \"small, speculative position\" when the first Consumer Reports review of the car came out, about a half-dozen years ago. At the time, the company started to have \"a real revenue stream in front of it,\" he said.</p>\n<p>The team sold the shares after about three years, missing most of the run-up in the car maker's stock price.</p>\n<p>In explaining his decision, Lynch said selling cars is a tough business, and electric cars means selling vehicles that are expensive for the average consumer and require financing.</p>\n<p>It also comes down to one of his metrics he uses to value a disruptive company: focusing on unit economics.</p>\n<p>Tesla has high capital intensity and constantly needs to get funding from the capital markets. That \"isn't necessarily bad, but it does put you in a position of potentially, during times of uncertainty, of relying on the kindness of strangers to continue that to continue the business model,\" he said.</p>\n<p>Lynch acknowledged that founder Elon Musk has done \"really amazing things.\" But he goes back to whether the company can be profitable.</p>\n<p>\"When you rely on capital markets, and you're dreaming big, there's a fine line between inspiring and making promises that maybe you can't keep,\" he said.</p>\n<p>\"We've been wrong in the sense that the [stock price] since we sold has done extraordinarily well,\" he said. \"But I think that's one area that it's really going to be hard to pick an ultimate winner, especially at today's prices,\" he said.</p>\n<p>Lynch spoke at a panel on disruptive companies with Bill Nygren, a high-profile portfolio manager and chief investment officer of U.S. equities at Oakmark Funds, a value-fund manager. Nygren had his own take on disruptive companies, noting that investors often overlook the larger companies in the space that may be innovating themselves.</p>\n<p>One example is Allison Transmission <a href=\"https://laohu8.com/S/ALSN\">$(ALSN)$</a>, which makes make transmissions for heavy-duty, off-road trucks, including fully integrated electric axles, he said. The Oakmark Select fund owns shares in the Indianapolis-based firm.</p>\n<p>Oakmark Select is up an annualized 13.14% over three years through the end of August, lagging behind the S&amp;P 500 index, but has bested the index since its inception in November 1996 with an annualized return of 12.46%.</p>\n<p>The move to electric vehicles will dramatically change that business, Nygren said, but he points out the entire valuation of newer companies in the space is similar to just what the market values Allison's electric vehicle production, based on valuations being a multiple of the money spent on research and development. \"You could argue that the market is valuing Allison's EV business similarly to how the other pure EV companies are being valued,\" he said.</p>\n<p>As a value manager, Nygren's team analyzes stocks with a forecast that goes out about seven years at most, and won't invest in something they can justify at current prices, such as bitcoin .</p>\n<p>\"We're just we're happy opting out. And I think people would be wise to not listen to me on topics where we've just decided we don't know enough to make an investment,\" he added.</p>\n<p>Lynch, on the other hand, said he isn't against taking a chance on a company that is unproven. His team is willing to make small bets on companies on hopes to win big, rather making a binary choice or owning or not owning a stock.</p>\n<p>\"Owing a little bit of something where things can go right, but also knowing that there's some things that go can go wrong is not unreasonable when you have a world that has such disruption occurring, and where these upside scenarios wind up being so large,\" he said.</p>\n<p>Lynch has small positions in bitcoin and Square <a href=\"https://laohu8.com/S/SQ\">$(SQ)$</a> because of its exposure to cryptocurrencies. Bitcoin has persistence as a trend, one of the metrics he uses when looking at innovation. Discussion about cryptocurrencies rise and fall with prices, with some detractors saying it won't last each time it falls, only to rebound. \"I like to say that bitcoin is kind of like Kenny from South Park, you know, the guy dies every episode and he's back again,\" he says.</p>\n<p>He called bitcoin \"anti-fragile,\" something that gains from disorder, which he also likes as a potential diversifier. One major risk is that governments could ban these alternative currencies, Lynch said, but overall, a small speculative position is worth having.</p>\n<p>\"It kind of sits in the portfolio in a small manner, that it possibly is something that can go right when the rest of our portfolios having something go wrong.... Ten years from now, given bitcoin's persistence, is worth a small speculation,\" he said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This is why this super-successful growth investor no longer owns Tesla shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis is why this super-successful growth investor no longer owns Tesla shares\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\">2021-09-24 07:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dennis Lynch explains why he sold Tesla but owns bitcoin</p>\n<p>Successful innovations make life better for customers, but that doesn't necessarily make those companies good investments.</p>\n<p>\"In some cases, innovation just helps all of us have a higher quality of life, and that doesn't mean that directly there's an investment or a company that flows from that that tailwind,\" Dennis Lynch, head of Counterpoint Global, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> Investment Management, said at the Morningstar Investment Conference on Thursday. His team runs several growth equity strategies for Morgan Stanley, including Morgan Stanley Institutional Inception Portfolio , which had an average annual return of 49.71% through the end of August, compared to a 12.27% annual gain for the Russell 2000 Growth Index.</p>\n<p>Electric vehicles is&nbsp;one&nbsp;sector like that, and it's why Lynch sold all his shares in Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> several years ago.</p>\n<p>Lynch said he owned shares of the electric vehicle maker in a \"small, speculative position\" when the first Consumer Reports review of the car came out, about a half-dozen years ago. At the time, the company started to have \"a real revenue stream in front of it,\" he said.</p>\n<p>The team sold the shares after about three years, missing most of the run-up in the car maker's stock price.</p>\n<p>In explaining his decision, Lynch said selling cars is a tough business, and electric cars means selling vehicles that are expensive for the average consumer and require financing.</p>\n<p>It also comes down to one of his metrics he uses to value a disruptive company: focusing on unit economics.</p>\n<p>Tesla has high capital intensity and constantly needs to get funding from the capital markets. That \"isn't necessarily bad, but it does put you in a position of potentially, during times of uncertainty, of relying on the kindness of strangers to continue that to continue the business model,\" he said.</p>\n<p>Lynch acknowledged that founder Elon Musk has done \"really amazing things.\" But he goes back to whether the company can be profitable.</p>\n<p>\"When you rely on capital markets, and you're dreaming big, there's a fine line between inspiring and making promises that maybe you can't keep,\" he said.</p>\n<p>\"We've been wrong in the sense that the [stock price] since we sold has done extraordinarily well,\" he said. \"But I think that's one area that it's really going to be hard to pick an ultimate winner, especially at today's prices,\" he said.</p>\n<p>Lynch spoke at a panel on disruptive companies with Bill Nygren, a high-profile portfolio manager and chief investment officer of U.S. equities at Oakmark Funds, a value-fund manager. Nygren had his own take on disruptive companies, noting that investors often overlook the larger companies in the space that may be innovating themselves.</p>\n<p>One example is Allison Transmission <a href=\"https://laohu8.com/S/ALSN\">$(ALSN)$</a>, which makes make transmissions for heavy-duty, off-road trucks, including fully integrated electric axles, he said. The Oakmark Select fund owns shares in the Indianapolis-based firm.</p>\n<p>Oakmark Select is up an annualized 13.14% over three years through the end of August, lagging behind the S&amp;P 500 index, but has bested the index since its inception in November 1996 with an annualized return of 12.46%.</p>\n<p>The move to electric vehicles will dramatically change that business, Nygren said, but he points out the entire valuation of newer companies in the space is similar to just what the market values Allison's electric vehicle production, based on valuations being a multiple of the money spent on research and development. \"You could argue that the market is valuing Allison's EV business similarly to how the other pure EV companies are being valued,\" he said.</p>\n<p>As a value manager, Nygren's team analyzes stocks with a forecast that goes out about seven years at most, and won't invest in something they can justify at current prices, such as bitcoin .</p>\n<p>\"We're just we're happy opting out. And I think people would be wise to not listen to me on topics where we've just decided we don't know enough to make an investment,\" he added.</p>\n<p>Lynch, on the other hand, said he isn't against taking a chance on a company that is unproven. His team is willing to make small bets on companies on hopes to win big, rather making a binary choice or owning or not owning a stock.</p>\n<p>\"Owing a little bit of something where things can go right, but also knowing that there's some things that go can go wrong is not unreasonable when you have a world that has such disruption occurring, and where these upside scenarios wind up being so large,\" he said.</p>\n<p>Lynch has small positions in bitcoin and Square <a href=\"https://laohu8.com/S/SQ\">$(SQ)$</a> because of its exposure to cryptocurrencies. Bitcoin has persistence as a trend, one of the metrics he uses when looking at innovation. Discussion about cryptocurrencies rise and fall with prices, with some detractors saying it won't last each time it falls, only to rebound. \"I like to say that bitcoin is kind of like Kenny from South Park, you know, the guy dies every episode and he's back again,\" he says.</p>\n<p>He called bitcoin \"anti-fragile,\" something that gains from disorder, which he also likes as a potential diversifier. One major risk is that governments could ban these alternative currencies, Lynch said, but overall, a small speculative position is worth having.</p>\n<p>\"It kind of sits in the portfolio in a small manner, that it possibly is something that can go right when the rest of our portfolios having something go wrong.... Ten years from now, given bitcoin's persistence, is worth a small speculation,\" he said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169869677","content_text":"Dennis Lynch explains why he sold Tesla but owns bitcoin\nSuccessful innovations make life better for customers, but that doesn't necessarily make those companies good investments.\n\"In some cases, innovation just helps all of us have a higher quality of life, and that doesn't mean that directly there's an investment or a company that flows from that that tailwind,\" Dennis Lynch, head of Counterpoint Global, Morgan Stanley Investment Management, said at the Morningstar Investment Conference on Thursday. His team runs several growth equity strategies for Morgan Stanley, including Morgan Stanley Institutional Inception Portfolio , which had an average annual return of 49.71% through the end of August, compared to a 12.27% annual gain for the Russell 2000 Growth Index.\nElectric vehicles is one sector like that, and it's why Lynch sold all his shares in Tesla $(TSLA)$ several years ago.\nLynch said he owned shares of the electric vehicle maker in a \"small, speculative position\" when the first Consumer Reports review of the car came out, about a half-dozen years ago. At the time, the company started to have \"a real revenue stream in front of it,\" he said.\nThe team sold the shares after about three years, missing most of the run-up in the car maker's stock price.\nIn explaining his decision, Lynch said selling cars is a tough business, and electric cars means selling vehicles that are expensive for the average consumer and require financing.\nIt also comes down to one of his metrics he uses to value a disruptive company: focusing on unit economics.\nTesla has high capital intensity and constantly needs to get funding from the capital markets. That \"isn't necessarily bad, but it does put you in a position of potentially, during times of uncertainty, of relying on the kindness of strangers to continue that to continue the business model,\" he said.\nLynch acknowledged that founder Elon Musk has done \"really amazing things.\" But he goes back to whether the company can be profitable.\n\"When you rely on capital markets, and you're dreaming big, there's a fine line between inspiring and making promises that maybe you can't keep,\" he said.\n\"We've been wrong in the sense that the [stock price] since we sold has done extraordinarily well,\" he said. \"But I think that's one area that it's really going to be hard to pick an ultimate winner, especially at today's prices,\" he said.\nLynch spoke at a panel on disruptive companies with Bill Nygren, a high-profile portfolio manager and chief investment officer of U.S. equities at Oakmark Funds, a value-fund manager. Nygren had his own take on disruptive companies, noting that investors often overlook the larger companies in the space that may be innovating themselves.\nOne example is Allison Transmission $(ALSN)$, which makes make transmissions for heavy-duty, off-road trucks, including fully integrated electric axles, he said. The Oakmark Select fund owns shares in the Indianapolis-based firm.\nOakmark Select is up an annualized 13.14% over three years through the end of August, lagging behind the S&P 500 index, but has bested the index since its inception in November 1996 with an annualized return of 12.46%.\nThe move to electric vehicles will dramatically change that business, Nygren said, but he points out the entire valuation of newer companies in the space is similar to just what the market values Allison's electric vehicle production, based on valuations being a multiple of the money spent on research and development. \"You could argue that the market is valuing Allison's EV business similarly to how the other pure EV companies are being valued,\" he said.\nAs a value manager, Nygren's team analyzes stocks with a forecast that goes out about seven years at most, and won't invest in something they can justify at current prices, such as bitcoin .\n\"We're just we're happy opting out. And I think people would be wise to not listen to me on topics where we've just decided we don't know enough to make an investment,\" he added.\nLynch, on the other hand, said he isn't against taking a chance on a company that is unproven. His team is willing to make small bets on companies on hopes to win big, rather making a binary choice or owning or not owning a stock.\n\"Owing a little bit of something where things can go right, but also knowing that there's some things that go can go wrong is not unreasonable when you have a world that has such disruption occurring, and where these upside scenarios wind up being so large,\" he said.\nLynch has small positions in bitcoin and Square $(SQ)$ because of its exposure to cryptocurrencies. Bitcoin has persistence as a trend, one of the metrics he uses when looking at innovation. Discussion about cryptocurrencies rise and fall with prices, with some detractors saying it won't last each time it falls, only to rebound. \"I like to say that bitcoin is kind of like Kenny from South Park, you know, the guy dies every episode and he's back again,\" he says.\nHe called bitcoin \"anti-fragile,\" something that gains from disorder, which he also likes as a potential diversifier. One major risk is that governments could ban these alternative currencies, Lynch said, but overall, a small speculative position is worth having.\n\"It kind of sits in the portfolio in a small manner, that it possibly is something that can go right when the rest of our portfolios having something go wrong.... Ten years from now, given bitcoin's persistence, is worth a small speculation,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887128900,"gmtCreate":1632010468000,"gmtModify":1676530684698,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093867056999920","idStr":"4093867056999920"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/887128900","repostId":"2168716185","repostType":4,"repost":{"id":"2168716185","kind":"news","pubTimestamp":1631916051,"share":"https://ttm.financial/m/news/2168716185?lang=&edition=fundamental","pubTime":"2021-09-18 06:00","market":"us","language":"en","title":"Wall Street closes rollercoaster week sharply lower","url":"https://stock-news.laohu8.com/highlight/detail?id=2168716185","media":"The Straits Times","summary":"NEW YORK  - US stocks ended sharply lower in a broad sell-off on Friday , ending a week buffeted by strong economic data, corporate tax hike worries, the Delta Covid-19 variant, and possible shifts in the US Federal Reserve's timeline for tapering asset purchases.All three major US stock indexes lost ground, with the Nasdaq Composite Index's weighed down as rising US Treasury yields pressured market-leading growth stocks.They also posted weekly losses, with the S&P index suffering its biggest tw","content":"<div>\n<p>NEW YORK (REUTERS) - US stocks ended sharply lower in a broad sell-off on Friday (Sept 17), ending a week buffeted by strong economic data, corporate tax hike worries, the Delta Covid-19 variant, and ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wall-street-closes-rollercoaster-week-sharply-lower\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street closes rollercoaster week sharply lower</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street closes rollercoaster week sharply lower\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-18 06:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/wall-street-closes-rollercoaster-week-sharply-lower><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (REUTERS) - US stocks ended sharply lower in a broad sell-off on Friday (Sept 17), ending a week buffeted by strong economic data, corporate tax hike worries, the Delta Covid-19 variant, and ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wall-street-closes-rollercoaster-week-sharply-lower\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","SDS":"两倍做空标普500ETF","SPXU":"三倍做空标普500ETF","IVV":"标普500指数ETF",".SPX":"S&P 500 Index","OEX":"标普100","SH":"标普500反向ETF"},"source_url":"http://www.straitstimes.com/business/companies-markets/wall-street-closes-rollercoaster-week-sharply-lower","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168716185","content_text":"NEW YORK (REUTERS) - US stocks ended sharply lower in a broad sell-off on Friday (Sept 17), ending a week buffeted by strong economic data, corporate tax hike worries, the Delta Covid-19 variant, and possible shifts in the US Federal Reserve's timeline for tapering asset purchases.\nAll three major US stock indexes lost ground, with the Nasdaq Composite Index's weighed down as rising US Treasury yields pressured market-leading growth stocks.\nThey also posted weekly losses, with the S&P index suffering its biggest two-week drop since February.\n\"The market is struggling with prospects for tighter fiscal policy due to tax increases, and tighter monetary policy due to Fed tapering,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York.\n\"Equity markets are also a little softer due to today's weak Consumer Sentiment data,\" Carter added. \"It's triggering concerns that the Delta variant could slow economic growth.\"\nA potential hike in corporate taxes could eat into earnings also weigh on markets, with leading Democrats seeking to raise the top tax rate on corporations to 26.5 per cent from the current 21 per cent.\nWhile consumer sentiment steadied this month it remains depressed, according to a University of Michigan report, as Americans postpone purchases while inflation remains high.\nInflation is likely to be a major issue next week, when the Federal Open Markets Committee holds its two-day monetary policy meeting. Market participants will be watching closely for changes in nuance which could signal a shift in the Fed's tapering timeline.\n\"It has been a week of mixed economic data and we are focused clearly on what will come out of the Fed meeting next week,\" said Bill Northey, senior investment director at US Bank Wealth Management in Helena, Montana.\nThe Dow Jones Industrial Average fell 166.44 points, or 0.48 per cent, to 34,584.88; the S&P 500 lost 40.76 points, or 0.91 per cent, at 4,432.99; and the Nasdaq Composite dropped 137.96 points, or 0.91 per cent, to 15,043.97.\nThe S&P 500 ended below its 50-day moving average, which in recent history has proven a rather sturdy support level.\nOf the 11 major sectors in the S&P 500, all but healthcare ended in the red, with materials and utilities suffering the biggest percentage drops.\nWall Street ends rollercoaster week sharply lower\nCovid-19 vaccine manufacturers Pfizer and Moderna dropped 1.3 per cent and 2.4 per cent, respectively, as US health officials moved the debate over booster doses to a panel of independent experts.\nUS Steel Corp shed 8 per cent after it unveiled a US$3 billion (S$4 billion) mini-mill investment plan.\nVolume and volatility spiked toward the end of the session due to \"triple witching,\" which is the quarterly, simultaneous expiration of stock options, stock index futures, and stock index options contracts.\nVolume on US exchanges was 15.51 billion shares, compared with the 9.70 billion average over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.97-to-1 ratio; on Nasdaq, a 1.00-to-1 ratio favoured advancers.\nThe S&P 500 posted seven new 52-week highs and two new lows; the Nasdaq Composite recorded 67 new highs and 82 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":522,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882048810,"gmtCreate":1631634006530,"gmtModify":1676530596685,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093867056999920","idStr":"4093867056999920"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/882048810","repostId":"2167551306","repostType":4,"repost":{"id":"2167551306","kind":"news","pubTimestamp":1631630765,"share":"https://ttm.financial/m/news/2167551306?lang=&edition=fundamental","pubTime":"2021-09-14 22:46","market":"us","language":"en","title":"Apple’s iPhone Events Are Usually Gloomy Days for Its Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2167551306","media":"Bloomberg","summary":"Shares have fallen 75% of the time on iPhone unveiling days\nEvent comes after the App Store ruling t","content":"<ul>\n <li>Shares have fallen 75% of the time on iPhone unveiling days</li>\n <li>Event comes after the App Store ruling that sank its stock</li>\n</ul>\n<p>Apple Inc. shareholders looking to recoup losses from last week’s App Store ruling shouldn’t expect much help from its iPhone event on Tuesday, if history is any guide.</p>\n<p>The technology giant’s shares have fallen on three-quarters of the days Apple has unveiled new iPhones, according to data compiled by Bloomberg. Excluding Apple’s 8.3% rally on the day co-founder Steve Jobs announced the first iPhone in 2007, Apple shares have fallen an average of 0.8% the day of a debut.</p>\n<p>The poor performance is probably the result of investors becoming accustomed to regular innovation from Apple and many of the details being reported prior to the presentations, according to Bespoke Investment Group.</p>\n<p>“Any positive impact of a new release has typically already been priced into the stock,” the research company said in a note to clients on Monday.</p>\n<p><img src=\"https://static.tigerbbs.com/14d42e478ad3455d83d6c835d62ebcab\" tg-width=\"952\" tg-height=\"554\" width=\"100%\" height=\"auto\"></p>\n<p>Apple shares have posted double-digit gains this year, on pace for its third annual climb, boosted by investor optimism on its growth outlook. But the stock took a hit last week after a federal judge ordered the company to alter its App Store business model.</p>\n<p>The shares posted their biggest drop in four months after the ruling, with the selloff at one point wiping out $85 billion market value from the company. The stock was 0.2% higher on Tuesday in morning trading in New York.</p>\n<p>Still, Wall Street is sanguine on the stock.</p>\n<p>About 80% of 47 analysts covering Apple have a buy rating on the shares, with only two recommending to sell it, according to data compiled by Bloomberg. On average, they expect Apple to climb another 11% over the next 12 months as of Monday’s closing price.</p>\n<p>In addition to introducing a lineup of iPhones with new camera features and faster processors, Apple is expected to show off new watches and AirPods. The Cupertino, California-based company’s presentation is scheduled to begin at 10 a.m. local time.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple’s iPhone Events Are Usually Gloomy Days for Its 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\">\nApple’s iPhone Events Are Usually Gloomy Days for Its Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-14 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-14/apple-s-iphone-events-are-usually-gloomy-days-for-its-stock?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares have fallen 75% of the time on iPhone unveiling days\nEvent comes after the App Store ruling that sank its stock\n\nApple Inc. shareholders looking to recoup losses from last week’s App Store ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-14/apple-s-iphone-events-are-usually-gloomy-days-for-its-stock?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-14/apple-s-iphone-events-are-usually-gloomy-days-for-its-stock?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167551306","content_text":"Shares have fallen 75% of the time on iPhone unveiling days\nEvent comes after the App Store ruling that sank its stock\n\nApple Inc. shareholders looking to recoup losses from last week’s App Store ruling shouldn’t expect much help from its iPhone event on Tuesday, if history is any guide.\nThe technology giant’s shares have fallen on three-quarters of the days Apple has unveiled new iPhones, according to data compiled by Bloomberg. Excluding Apple’s 8.3% rally on the day co-founder Steve Jobs announced the first iPhone in 2007, Apple shares have fallen an average of 0.8% the day of a debut.\nThe poor performance is probably the result of investors becoming accustomed to regular innovation from Apple and many of the details being reported prior to the presentations, according to Bespoke Investment Group.\n“Any positive impact of a new release has typically already been priced into the stock,” the research company said in a note to clients on Monday.\n\nApple shares have posted double-digit gains this year, on pace for its third annual climb, boosted by investor optimism on its growth outlook. But the stock took a hit last week after a federal judge ordered the company to alter its App Store business model.\nThe shares posted their biggest drop in four months after the ruling, with the selloff at one point wiping out $85 billion market value from the company. The stock was 0.2% higher on Tuesday in morning trading in New York.\nStill, Wall Street is sanguine on the stock.\nAbout 80% of 47 analysts covering Apple have a buy rating on the shares, with only two recommending to sell it, according to data compiled by Bloomberg. On average, they expect Apple to climb another 11% over the next 12 months as of Monday’s closing price.\nIn addition to introducing a lineup of iPhones with new camera features and faster processors, Apple is expected to show off new watches and AirPods. The Cupertino, California-based company’s presentation is scheduled to begin at 10 a.m. local time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881872367,"gmtCreate":1631327035759,"gmtModify":1676530529410,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093867056999920","idStr":"4093867056999920"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881872367","repostId":"2166939327","repostType":4,"repost":{"id":"2166939327","kind":"highlight","pubTimestamp":1631323097,"share":"https://ttm.financial/m/news/2166939327?lang=&edition=fundamental","pubTime":"2021-09-11 09:18","market":"us","language":"en","title":"Why NVIDIA Will Dominate the Data Center by 2030","url":"https://stock-news.laohu8.com/highlight/detail?id=2166939327","media":"Motley Fool","summary":"This chipmaker should benefit as data centers adopt new technologies over the next decade.","content":"<p>Over the last decade, <b>NVIDIA</b> (NASDAQ:NVDA) hardware has become synonymous with cutting-edge graphics and high performance computing. Not surprisingly, shareholders have done quite well for themselves. The stock is up a whopping 1,300%&nbsp;in the last five years alone, crushing the performance of the broader market.</p>\n<p>However, this chipmaker still has plenty of room to grow its business, especially in the data center space. Here's what investors should know.</p>\n<h2>The leader in accelerated computing</h2>\n<p>In 1999, NVIDIA invented the graphics processing unit (GPU), a chip capable of parallelizing computing-intensive code. In other words, GPUs can handle lots of data very quickly. While these chips were originally created to render ultra-realistic video game graphics, they have since become an important part of data centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F642315%2Fnvidia-endeavor-building-logo.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: NVIDIA.</span></p>\n<p>Specifically, NVIDIA GPUs have become the gold standard for accelerating workloads like analytics, artificial intelligence, and scientific computing. In fact, the company recently set records at the MLPerf benchmarks, a series of tests designed to measure the performance of AI compute platforms. And NVIDIA currently controls 90%&nbsp;of the market for supercomputer accelerators.</p>\n<p>Data center budgets were still heavily skewed toward central processing units (CPUs) in 2020, with these chips comprising 83% of total spend on processors. But Ark Invest believes that figure will drop to 40%&nbsp;over the next decade. In other words, by 2030, GPUs will not only be the dominant data center accelerator, they will also be the dominant processor.</p>\n<p>That's good news for NVIDIA. Management puts its addressable market in the data center business at $100 billion by 2024, but that figure should be even bigger by 2030. And given the company's strong competitive position, NVIDIA is well positioned to capture the lion's share of that sum.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F642315%2Fdata-center-1.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>A three-chip company</h2>\n<p>NVIDIA has also expanded beyond its trademark GPU. In 2020, it completed its $7 billion acquisition of Mellanox, a company that specializes in high-performance networking solutions. Since the merger, NVIDIA has introduced a new chip that incorporates Mellanox technology: the data processing unit (DPU).</p>\n<p>This chip offloads networking, storage, and security tasks from CPUs, boosting performance and efficiency. More broadly, the Mellanox acquisition makes NVIDIA's compute platform more robust, enabling the company to optimize&nbsp;workloads across computing, networking, and storage, which should drive market share gains in the data center.</p>\n<p>More recently, NVIDIA announced a third chip: the Grace CPU. This processor is slated to launch in 2023, and features energy-efficient ARM cores that pack ten times the performance of today's fastest servers. The Grace CPU will join the GPU and DPU to complete NVIDIA's compute platform, and there's reason to believe it will be a success.</p>\n<p>For the last two decades, CPUs built on x86 architecture -- think <b>Intel</b> and <b><a href=\"https://laohu8.com/S/AMD\">AMD</a></b> -- have dominated the data center, and the pair captured 92%&nbsp;market share in 2020. But Ark Invest believes that will change over the next 10 years, because ARM CPUs are becoming faster&nbsp;and cheaper. To that end, Ark estimates that ARM and RISC-V will hold 71% market share&nbsp;by 2030, while x86 chips will drop to 27%.</p>\n<p>Again, this is good news for NVIDIA. If this trend does indeed play out, investors should expect the Grace CPU -- which is built on ARM cores -- to be a key growth driver.</p>\n<h2>The bottom line</h2>\n<p>NVIDIA is now a three-chip company, meaning its product portfolio now addresses a greater portion of data center infrastructure. And in the years ahead, NVIDIA should see strong demand as GPUs become the most prevalent data center processor, and ARM chips become the most prevalent data center CPU.</p>\n<p>That's why I think NVIDIA will dominate the data center by 2030.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why NVIDIA Will Dominate the Data Center by 2030</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 NVIDIA Will Dominate the Data Center by 2030\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/10/why-nvidia-will-dominate-the-data-center-by-2030/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the last decade, NVIDIA (NASDAQ:NVDA) hardware has become synonymous with cutting-edge graphics and high performance computing. Not surprisingly, shareholders have done quite well for themselves....</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/10/why-nvidia-will-dominate-the-data-center-by-2030/\">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://www.fool.com/investing/2021/09/10/why-nvidia-will-dominate-the-data-center-by-2030/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166939327","content_text":"Over the last decade, NVIDIA (NASDAQ:NVDA) hardware has become synonymous with cutting-edge graphics and high performance computing. Not surprisingly, shareholders have done quite well for themselves. The stock is up a whopping 1,300% in the last five years alone, crushing the performance of the broader market.\nHowever, this chipmaker still has plenty of room to grow its business, especially in the data center space. Here's what investors should know.\nThe leader in accelerated computing\nIn 1999, NVIDIA invented the graphics processing unit (GPU), a chip capable of parallelizing computing-intensive code. In other words, GPUs can handle lots of data very quickly. While these chips were originally created to render ultra-realistic video game graphics, they have since become an important part of data centers.\nImage source: NVIDIA.\nSpecifically, NVIDIA GPUs have become the gold standard for accelerating workloads like analytics, artificial intelligence, and scientific computing. In fact, the company recently set records at the MLPerf benchmarks, a series of tests designed to measure the performance of AI compute platforms. And NVIDIA currently controls 90% of the market for supercomputer accelerators.\nData center budgets were still heavily skewed toward central processing units (CPUs) in 2020, with these chips comprising 83% of total spend on processors. But Ark Invest believes that figure will drop to 40% over the next decade. In other words, by 2030, GPUs will not only be the dominant data center accelerator, they will also be the dominant processor.\nThat's good news for NVIDIA. Management puts its addressable market in the data center business at $100 billion by 2024, but that figure should be even bigger by 2030. And given the company's strong competitive position, NVIDIA is well positioned to capture the lion's share of that sum.\nImage source: Getty Images.\nA three-chip company\nNVIDIA has also expanded beyond its trademark GPU. In 2020, it completed its $7 billion acquisition of Mellanox, a company that specializes in high-performance networking solutions. Since the merger, NVIDIA has introduced a new chip that incorporates Mellanox technology: the data processing unit (DPU).\nThis chip offloads networking, storage, and security tasks from CPUs, boosting performance and efficiency. More broadly, the Mellanox acquisition makes NVIDIA's compute platform more robust, enabling the company to optimize workloads across computing, networking, and storage, which should drive market share gains in the data center.\nMore recently, NVIDIA announced a third chip: the Grace CPU. This processor is slated to launch in 2023, and features energy-efficient ARM cores that pack ten times the performance of today's fastest servers. The Grace CPU will join the GPU and DPU to complete NVIDIA's compute platform, and there's reason to believe it will be a success.\nFor the last two decades, CPUs built on x86 architecture -- think Intel and AMD -- have dominated the data center, and the pair captured 92% market share in 2020. But Ark Invest believes that will change over the next 10 years, because ARM CPUs are becoming faster and cheaper. To that end, Ark estimates that ARM and RISC-V will hold 71% market share by 2030, while x86 chips will drop to 27%.\nAgain, this is good news for NVIDIA. If this trend does indeed play out, investors should expect the Grace CPU -- which is built on ARM cores -- to be a key growth driver.\nThe bottom line\nNVIDIA is now a three-chip company, meaning its product portfolio now addresses a greater portion of data center infrastructure. And in the years ahead, NVIDIA should see strong demand as GPUs become the most prevalent data center processor, and ARM chips become the most prevalent data center CPU.\nThat's why I think NVIDIA will dominate the data center by 2030.","news_type":1},"isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888671284,"gmtCreate":1631496380248,"gmtModify":1676530557037,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093867056999920","idStr":"4093867056999920"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888671284","repostId":"1190225456","repostType":4,"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888306772,"gmtCreate":1631429648496,"gmtModify":1676530547489,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093867056999920","idStr":"4093867056999920"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888306772","repostId":"2166290377","repostType":4,"repost":{"id":"2166290377","kind":"highlight","pubTimestamp":1631415840,"share":"https://ttm.financial/m/news/2166290377?lang=&edition=fundamental","pubTime":"2021-09-12 11:04","market":"us","language":"en","title":"Should You Buy Peloton Before It Goes Back Up?","url":"https://stock-news.laohu8.com/highlight/detail?id=2166290377","media":"Motley Fool","summary":"With supply now able to keep up with demand, Peloton has a plan to boost profit margins.","content":"<p>Many investors have a hard time avoiding what's called price anchoring. People naturally want investments to at least get back to breakeven if prices drop after making a buy. Of course, timing the bottom in a market or individual stock isn't likely, and comes down to luck if it happens.</p>\n<p>Timing shouldn't matter much for long-term investors, though. But that same psychology drives the desire to buy stocks that have come down in price. And when a high-flying growth stock like <b>Peloton Interactive</b> (NASDAQ:PTON) goes through a price correction, it's worth taking a deeper look at whether it's a good idea to take advantage of the opportunity.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eb061c256a2d67cf7e7bb159594fb00e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Image source: Getty Images.</span></p>\n<h2>A perfect storm</h2>\n<p>The connected home-fitness company was one of the darlings of the 2020 stock market, with shares returning more than 400%. It was a top stay-at-home play, as sales exploded. Total revenue doubled for its 2020 fiscal year (which ended June 30, 2020) compared to the prior fiscal year.</p>\n<p>The growth continued into 2021, as sales grew another 120% for the year ending June 30, 2021, versus the prior 12-month period. But 2021 has now seen the opposite reaction to the stock. Shares are down 32% year to date, and almost 10% just over the last month.</p>\n<p>Investors have traded stay-at-home stocks for those thought to benefit most from reopening. Add in bad publicity from the company having to recall its treadmills due to a safety issue, along with the recently announced price cut for its exercise bikes, and the perfect storm that drove last year's stock gains seems to have subsided.</p>\n<h2>Addressing a good problem</h2>\n<p>One of Peloton's biggest problems last year was one most businesses would envy. Surging demand for its products resulted in long lead times and delayed deliveries. Management quickly addressed the supply issues. In December 2020, it announced an agreement to buy Precor, one of the world's largest providers of commercial fitness equipment. That would provide added production capacity.</p>\n<p>As it worked to close that transaction, in February 2021 the company said it would invest $100 million to cover expedited air and ocean freight that would get orders delivered more quickly. By May 2021, the company had closed the acquisition of Precor, announced plans to build its first U.S. factory, and said the average wait times for its bikes were back to pre-pandemic levels.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F641436%2Fpelotonbike.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"577\" referrerpolicy=\"no-referrer\"><span>Image source: Peloton Interactive.</span></p>\n<h2>The recurring revenue stream</h2>\n<p>One of the reasons the stock dropped recently was the announcement that Peloton cut the price of its original bike by $400. But if what was perceived as a product meant for only the wealthy is now more affordable, the lower equipment revenue will eventually be replaced by recurring-subscription revenue. In the fiscal fourth quarter ended June 30, 2021, subscription revenue grew 132% year over year, versus growth of just 35% for the connected-fitness hardware.</p>\n<p>For the full fiscal year, subscription revenue represented 22% of total revenue. But that is growing: It was 30% of total revenue in the fourth fiscal quarter. And subscription revenue has a much higher gross profit margin than connected fitness hardware revenue.</p>\n<p>Management expects the faster-growing recurring revenue to help boost gross margin by 700 basis points for the 2022 fiscal year compared to the most recent quarter. And even considering the reduced hardware pricing, Peloton is guiding investors to expect a 34% jump in total revenue for its 2022 fiscal year.</p>\n<h2>Paying up for growth</h2>\n<p>It's not surprising that a growth stock like Peloton is expensive based on its current business metrics. But using its fiscal 2022 revenue guidance, the stock is trading at a price-to-sales ratio below 6. That's down from approximately 18 at the start of 2021. And considering the popularity of the product and ongoing growth rates in sales, that isn't unreasonable.</p>\n<p>But the company isn't just growing in its core business, it is also expanding into commercial equipment through the Precor acquisition. And it has just announced the launch of Peloton Apparel, a private-label line of fitness clothing.</p>\n<p>Management's strategy to grow its customer base by lowering equipment prices makes sense. Once a customer purchases a bike or treadmill, the subscription service is difficult to drop. And since subscription revenue provides higher margins, you can start to see a clear path to profitability for Peloton.</p>\n<p>With a new apparel business and hardware for commercial locations just getting started, Peloton's future looks good. Now seems like a good opportunity to take advantage of the price drop and buy in before the stock goes back up.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should You Buy Peloton Before It Goes Back Up?</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\">\nShould You Buy Peloton Before It Goes Back Up?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 11:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/11/should-you-buy-peloton-before-it-goes-back-up/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Many investors have a hard time avoiding what's called price anchoring. People naturally want investments to at least get back to breakeven if prices drop after making a buy. Of course, timing the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/11/should-you-buy-peloton-before-it-goes-back-up/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PTON":"Peloton Interactive, Inc."},"source_url":"https://www.fool.com/investing/2021/09/11/should-you-buy-peloton-before-it-goes-back-up/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166290377","content_text":"Many investors have a hard time avoiding what's called price anchoring. People naturally want investments to at least get back to breakeven if prices drop after making a buy. Of course, timing the bottom in a market or individual stock isn't likely, and comes down to luck if it happens.\nTiming shouldn't matter much for long-term investors, though. But that same psychology drives the desire to buy stocks that have come down in price. And when a high-flying growth stock like Peloton Interactive (NASDAQ:PTON) goes through a price correction, it's worth taking a deeper look at whether it's a good idea to take advantage of the opportunity.\nImage source: Getty Images.\nA perfect storm\nThe connected home-fitness company was one of the darlings of the 2020 stock market, with shares returning more than 400%. It was a top stay-at-home play, as sales exploded. Total revenue doubled for its 2020 fiscal year (which ended June 30, 2020) compared to the prior fiscal year.\nThe growth continued into 2021, as sales grew another 120% for the year ending June 30, 2021, versus the prior 12-month period. But 2021 has now seen the opposite reaction to the stock. Shares are down 32% year to date, and almost 10% just over the last month.\nInvestors have traded stay-at-home stocks for those thought to benefit most from reopening. Add in bad publicity from the company having to recall its treadmills due to a safety issue, along with the recently announced price cut for its exercise bikes, and the perfect storm that drove last year's stock gains seems to have subsided.\nAddressing a good problem\nOne of Peloton's biggest problems last year was one most businesses would envy. Surging demand for its products resulted in long lead times and delayed deliveries. Management quickly addressed the supply issues. In December 2020, it announced an agreement to buy Precor, one of the world's largest providers of commercial fitness equipment. That would provide added production capacity.\nAs it worked to close that transaction, in February 2021 the company said it would invest $100 million to cover expedited air and ocean freight that would get orders delivered more quickly. By May 2021, the company had closed the acquisition of Precor, announced plans to build its first U.S. factory, and said the average wait times for its bikes were back to pre-pandemic levels.\nImage source: Peloton Interactive.\nThe recurring revenue stream\nOne of the reasons the stock dropped recently was the announcement that Peloton cut the price of its original bike by $400. But if what was perceived as a product meant for only the wealthy is now more affordable, the lower equipment revenue will eventually be replaced by recurring-subscription revenue. In the fiscal fourth quarter ended June 30, 2021, subscription revenue grew 132% year over year, versus growth of just 35% for the connected-fitness hardware.\nFor the full fiscal year, subscription revenue represented 22% of total revenue. But that is growing: It was 30% of total revenue in the fourth fiscal quarter. And subscription revenue has a much higher gross profit margin than connected fitness hardware revenue.\nManagement expects the faster-growing recurring revenue to help boost gross margin by 700 basis points for the 2022 fiscal year compared to the most recent quarter. And even considering the reduced hardware pricing, Peloton is guiding investors to expect a 34% jump in total revenue for its 2022 fiscal year.\nPaying up for growth\nIt's not surprising that a growth stock like Peloton is expensive based on its current business metrics. But using its fiscal 2022 revenue guidance, the stock is trading at a price-to-sales ratio below 6. That's down from approximately 18 at the start of 2021. And considering the popularity of the product and ongoing growth rates in sales, that isn't unreasonable.\nBut the company isn't just growing in its core business, it is also expanding into commercial equipment through the Precor acquisition. And it has just announced the launch of Peloton Apparel, a private-label line of fitness clothing.\nManagement's strategy to grow its customer base by lowering equipment prices makes sense. Once a customer purchases a bike or treadmill, the subscription service is difficult to drop. And since subscription revenue provides higher margins, you can start to see a clear path to profitability for Peloton.\nWith a new apparel business and hardware for commercial locations just getting started, Peloton's future looks good. Now seems like a good opportunity to take advantage of the price drop and buy in before the stock goes back up.","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869807722,"gmtCreate":1632270582966,"gmtModify":1676530738953,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093867056999920","idStr":"4093867056999920"},"themes":[],"htmlText":"Like and comment thanks&nbsp;","listText":"Like and comment thanks&nbsp;","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869807722","repostId":"1103252137","repostType":4,"repost":{"id":"1103252137","kind":"news","pubTimestamp":1632234754,"share":"https://ttm.financial/m/news/1103252137?lang=&edition=fundamental","pubTime":"2021-09-21 22:32","market":"us","language":"en","title":"Dip Buying Returns as Retail Investors Pounce on Market Drop","url":"https://stock-news.laohu8.com/highlight/detail?id=1103252137","media":"Bloomberg","summary":"Retail investors took advantage of Monday’s market selloff to pile back into some of the largest U.S","content":"<p><img src=\"https://static.tigerbbs.com/e8c2646136c8b5a694ca5a64d5f0512c\" tg-width=\"705\" tg-height=\"454\" width=\"100%\" height=\"auto\"></p>\n<p>Retail investors took advantage of Monday’s market selloff to pile back into some of the largest U.S. exchange-traded funds and bank stocks, bucking some worries that the group would let stocks tumble.</p>\n<p>Individual investors bought a total of $1.93 billion worth of assets Monday, the fourth-largest net buying since the start of the pandemic, according to data from Vanda Research, a firm that tracks retail-trading flows in the U.S.</p>\n<p>Buying from the day-trading crowd was mostly concentrated in ETFs that track closely-watched U.S. benchmark indexes, including the SPDR S&amp;P 500 ETF Trust (ticker SPY) and Invesco QQQ Trust Series 1 (ticker QQQ), which saw combined inflows of $337 million, according to Vanda’s Ben Onatibia. Separate data from Fidelity showed the SPY fund and Apple Inc. shares were the most bought assets on its platform Monday.</p>\n<p>The U.S. broad indexes rebounded on Tuesday, with the S&amp;P 500 trading 0.7% higher in New York, while the Nasdaq advanced 0.8%.</p>\n<p>The data suggest that retail investors are still taking advantage of weakness in broad markets, particularly in megacap tech stocks, to increase their holdings in spite of a jump in volatility.</p>\n<p>Large U.S. investment banks were also among the most bought companies, while bigger institutional investors were likely selling, Vanda said. Citigroup Inc. and Bank of America Corp. were among the top ten members in terms of inflows Monday.</p>\n<p>A surprise in the Vanda data came as individuals were selling shares of airline companies like American Airlines Group Inc. and Delta Air Lines Inc., Onatibia wrote. That selling “means institutional investors were on the other side of the trade, building exposure to the reopening trade.”</p>\n<p>Day traders also snapped up shares of so-called meme stocks despite the group’s worst day in months. Favorites like AMC Entertainment Holdings Inc. and GameStop Corp. saw continued interest, but newcomers like SmileDirectClub Inc. were also bought, Fidelity data show. The three stocks were among the most traded companies on Monday and edged higher on Tuesday.</p>\n<p>Nicholas Colas, co-founder of DataTrek Research, said the return of retail traders buying the dip was an “important observation,” given their impact on stock markets in 2021.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dip Buying Returns as Retail Investors Pounce on Market Drop</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\">\nDip Buying Returns as Retail Investors Pounce on Market Drop\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-21 22:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/dip-buying-returns-retail-investors-140321946.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Retail investors took advantage of Monday’s market selloff to pile back into some of the largest U.S. exchange-traded funds and bank stocks, bucking some worries that the group would let stocks tumble...</p>\n\n<a href=\"https://finance.yahoo.com/news/dip-buying-returns-retail-investors-140321946.html\">Web Link</a>\n\n</div>\n\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","SPY":"标普500ETF"},"source_url":"https://finance.yahoo.com/news/dip-buying-returns-retail-investors-140321946.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103252137","content_text":"Retail investors took advantage of Monday’s market selloff to pile back into some of the largest U.S. exchange-traded funds and bank stocks, bucking some worries that the group would let stocks tumble.\nIndividual investors bought a total of $1.93 billion worth of assets Monday, the fourth-largest net buying since the start of the pandemic, according to data from Vanda Research, a firm that tracks retail-trading flows in the U.S.\nBuying from the day-trading crowd was mostly concentrated in ETFs that track closely-watched U.S. benchmark indexes, including the SPDR S&P 500 ETF Trust (ticker SPY) and Invesco QQQ Trust Series 1 (ticker QQQ), which saw combined inflows of $337 million, according to Vanda’s Ben Onatibia. Separate data from Fidelity showed the SPY fund and Apple Inc. shares were the most bought assets on its platform Monday.\nThe U.S. broad indexes rebounded on Tuesday, with the S&P 500 trading 0.7% higher in New York, while the Nasdaq advanced 0.8%.\nThe data suggest that retail investors are still taking advantage of weakness in broad markets, particularly in megacap tech stocks, to increase their holdings in spite of a jump in volatility.\nLarge U.S. investment banks were also among the most bought companies, while bigger institutional investors were likely selling, Vanda said. Citigroup Inc. and Bank of America Corp. were among the top ten members in terms of inflows Monday.\nA surprise in the Vanda data came as individuals were selling shares of airline companies like American Airlines Group Inc. and Delta Air Lines Inc., Onatibia wrote. That selling “means institutional investors were on the other side of the trade, building exposure to the reopening trade.”\nDay traders also snapped up shares of so-called meme stocks despite the group’s worst day in months. Favorites like AMC Entertainment Holdings Inc. and GameStop Corp. saw continued interest, but newcomers like SmileDirectClub Inc. were also bought, Fidelity data show. The three stocks were among the most traded companies on Monday and edged higher on Tuesday.\nNicholas Colas, co-founder of DataTrek Research, said the return of retail traders buying the dip was an “important observation,” given their impact on stock markets in 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885988570,"gmtCreate":1631751305290,"gmtModify":1676530624155,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093867056999920","idStr":"4093867056999920"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885988570","repostId":"2167596281","repostType":4,"repost":{"id":"2167596281","kind":"highlight","pubTimestamp":1631717501,"share":"https://ttm.financial/m/news/2167596281?lang=&edition=fundamental","pubTime":"2021-09-15 22:51","market":"us","language":"en","title":"Will high inflation kill the bull market in stocks? History says probably not","url":"https://stock-news.laohu8.com/highlight/detail?id=2167596281","media":"MarketWatch","summary":"Bulls should take comfort in falling Treasury yields after CPI reading: RenMac's deGraaf\nRest easy, ","content":"<p>Bulls should take comfort in falling Treasury yields after CPI reading: RenMac's deGraaf</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f32023f48de3e957dc2eeafa5c0826df\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Rest easy, big fella. Jeff J Mitchell/Getty Images</span></p>\n<p>U.S. inflation didn't run as hot as expected in August, but remains elevated and a source of worry for investors and policy makers. But by itself, a jump in inflation is hardly ever enough to derail a bull market in stocks, according to a top Wall Street technician.</p>\n<p>\"We can't find much evidence that spiking inflation figures are bearish for equities,\" said Jeff deGraaf, founder of Renaissance Macro Research, in a Wednesday note.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2f0e509e61bdec3d6cb64f05375e301\" tg-width=\"700\" tg-height=\"559\" width=\"100%\" height=\"auto\"><span>Renaissance Macro Research</span></p>\n<p>In the note, which featured the chart above, deGraaf observed that inflation jumps \"do tend to push against returns when they force the Fed's hand to kill the growth cycle, but we know that's not happening here yet.\"</p>\n<p>The August consumer price index rose a less-than-expected 0.3% in August and that saw the year-over-year rate fall to a still-elevated 5.3% from 5.4%, the first such decline since October. The core rate, which excludes volatile food and energy costs, saw a 4% year-over-year rise versus 4.3% in July.</p>\n<p>The drop was seen reinforcing the message from Federal Reserve Chairman Jerome Powell and other policy makers that rising inflation pressures were likely to prove \"transitory,\" though economists said signs of underlying inflation pressures still raised alarms.</p>\n<p>Meanwhile, long-dated Treasury yields declined following the CPI reading. While the data wasn't expected to alter the Fed's desire to begin scaling back its monthly bond purchases before year-end, analysts said the decline in yields reflected fading worries among bond investors that the Federal Reserve might be forced to raise interest rates by more than expected.</p>\n<p>The yield on the 10-year Treasury note fell 4.7 basis points to 1.276% on Tuesday, its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day decline since Aug. 13. The yield continued to edge lower Wednesday, trading at 1.275%.</p>\n<p>\"The response from 10-year yields should provide some real--time comfort to those concerned that inflation measures are about to go off the rails,\" deGraaf wrote. \"The fact remains that inflation expectations are a far better sentiment guide than they are a predictor of realized inflation.\"</p>\n<p>Stocks have stumbled in September, with the S&amp;P 500 retreating 1.8% in the month to date and taking it 2.1% below its record finish earlier in the month. The Dow Jones Industrial Average is off 2.6% so far in September.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will high inflation kill the bull market in stocks? History says probably not</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\">\nWill high inflation kill the bull market in stocks? History says probably not\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 22:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/will-high-inflation-kill-the-bull-market-in-stocks-history-says-probably-not-11631711547?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bulls should take comfort in falling Treasury yields after CPI reading: RenMac's deGraaf\nRest easy, big fella. Jeff J Mitchell/Getty Images\nU.S. inflation didn't run as hot as expected in August, but ...</p>\n\n<a href=\"https://www.marketwatch.com/story/will-high-inflation-kill-the-bull-market-in-stocks-history-says-probably-not-11631711547?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/will-high-inflation-kill-the-bull-market-in-stocks-history-says-probably-not-11631711547?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167596281","content_text":"Bulls should take comfort in falling Treasury yields after CPI reading: RenMac's deGraaf\nRest easy, big fella. Jeff J Mitchell/Getty Images\nU.S. inflation didn't run as hot as expected in August, but remains elevated and a source of worry for investors and policy makers. But by itself, a jump in inflation is hardly ever enough to derail a bull market in stocks, according to a top Wall Street technician.\n\"We can't find much evidence that spiking inflation figures are bearish for equities,\" said Jeff deGraaf, founder of Renaissance Macro Research, in a Wednesday note.\nRenaissance Macro Research\nIn the note, which featured the chart above, deGraaf observed that inflation jumps \"do tend to push against returns when they force the Fed's hand to kill the growth cycle, but we know that's not happening here yet.\"\nThe August consumer price index rose a less-than-expected 0.3% in August and that saw the year-over-year rate fall to a still-elevated 5.3% from 5.4%, the first such decline since October. The core rate, which excludes volatile food and energy costs, saw a 4% year-over-year rise versus 4.3% in July.\nThe drop was seen reinforcing the message from Federal Reserve Chairman Jerome Powell and other policy makers that rising inflation pressures were likely to prove \"transitory,\" though economists said signs of underlying inflation pressures still raised alarms.\nMeanwhile, long-dated Treasury yields declined following the CPI reading. While the data wasn't expected to alter the Fed's desire to begin scaling back its monthly bond purchases before year-end, analysts said the decline in yields reflected fading worries among bond investors that the Federal Reserve might be forced to raise interest rates by more than expected.\nThe yield on the 10-year Treasury note fell 4.7 basis points to 1.276% on Tuesday, its biggest one-day decline since Aug. 13. The yield continued to edge lower Wednesday, trading at 1.275%.\n\"The response from 10-year yields should provide some real--time comfort to those concerned that inflation measures are about to go off the rails,\" deGraaf wrote. \"The fact remains that inflation expectations are a far better sentiment guide than they are a predictor of realized inflation.\"\nStocks have stumbled in September, with the S&P 500 retreating 1.8% in the month to date and taking it 2.1% below its record finish earlier in the month. The Dow Jones Industrial Average is off 2.6% so far in September.","news_type":1},"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888678140,"gmtCreate":1631496413680,"gmtModify":1676530557053,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093867056999920","idStr":"4093867056999920"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888678140","repostId":"1120557186","repostType":4,"repost":{"id":"1120557186","kind":"news","pubTimestamp":1631494986,"share":"https://ttm.financial/m/news/1120557186?lang=&edition=fundamental","pubTime":"2021-09-13 09:03","market":"us","language":"en","title":"Oracle Q1 Earnings: Strong cloud business, cash flow in focus","url":"https://stock-news.laohu8.com/highlight/detail?id=1120557186","media":"seekingalpha","summary":"Oracle (NYSE:ORCL) is scheduled to announce Q1 earnings results on Monday, September 13th, after mar","content":"<ul>\n <li>Oracle (NYSE:ORCL) is scheduled to announce Q1 earnings results on Monday, September 13th, after market close.</li>\n <li>The consensus&nbsp;EPS Estimate is $0.97(+4.3% Y/Y) and the consensus Revenue Estimate is $9.77B (+4.3% Y/Y).</li>\n <li>Adj. cloud&nbsp;services and license support&nbsp;revenue seen at $7.4B while hardware revenue estimated at $785.3M and service revenue at $738.2M; cloud&nbsp;license and on-premise license revenue estimate $865.1M.</li>\n <li>Adj. operating margin estimated at 42.5%.</li>\n <li>Strengths: Oracle cloud regions globally (currently 30), cloud business, strong uptake of Oracle Cloud Infrastructure services and Autonomous Database offerings.</li>\n <li>After the company repurchased $21.6B in stock during FY21,&nbsp;analysts will be paying particular attention to cash flow.</li>\n <li>Over the last 2 years, ORCLhas beaten EPS estimates100% of the time and has beaten revenue estimates 63% of the time.</li>\n <li>Over the last 3 months, EPS estimates have seen 0upward revisions&nbsp;and 16 downward. Revenue estimates have seen 11 upward revisions and 1 downward.</li>\n <li>\"Oracle's current low valuation at ~16.7x CY22 estimated EPS reflects its slower growth rate compared to peers. Despite potential opportunities within existing database customers and cloud-based ERP applications, offsets from waning businesses mean 2021 likely lacks the catalysts for the positive inflection in revenue growth investors would need to see to drive multiples higher,” Keith Weiss, equity analyst at Morgan Stanley said.</li>\n <li>Despite&nbsp;beating FQ4 estimates, the stock traded down after posting its earnings; YTD, the stock gained 38%.</li>\n <li>SA Contributor Vladimir Dimitrov, CFA in his&nbsp;recent article&nbsp;said, \"Long-term potential of the business remains intact, and provided there are no drastic changes to overall demand, Oracle is likely to continue to outperform its peers.\"</li>\n</ul>","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>Oracle Q1 Earnings: Strong cloud business, cash flow in focus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOracle Q1 Earnings: Strong cloud business, cash flow in focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 09:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3738826-oracle-q1-2022-earnings-preview><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oracle (NYSE:ORCL) is scheduled to announce Q1 earnings results on Monday, September 13th, after market close.\nThe consensus EPS Estimate is $0.97(+4.3% Y/Y) and the consensus Revenue Estimate is $...</p>\n\n<a href=\"https://seekingalpha.com/news/3738826-oracle-q1-2022-earnings-preview\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ORCL":"甲骨文"},"source_url":"https://seekingalpha.com/news/3738826-oracle-q1-2022-earnings-preview","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1120557186","content_text":"Oracle (NYSE:ORCL) is scheduled to announce Q1 earnings results on Monday, September 13th, after market close.\nThe consensus EPS Estimate is $0.97(+4.3% Y/Y) and the consensus Revenue Estimate is $9.77B (+4.3% Y/Y).\nAdj. cloud services and license support revenue seen at $7.4B while hardware revenue estimated at $785.3M and service revenue at $738.2M; cloud license and on-premise license revenue estimate $865.1M.\nAdj. operating margin estimated at 42.5%.\nStrengths: Oracle cloud regions globally (currently 30), cloud business, strong uptake of Oracle Cloud Infrastructure services and Autonomous Database offerings.\nAfter the company repurchased $21.6B in stock during FY21, analysts will be paying particular attention to cash flow.\nOver the last 2 years, ORCLhas beaten EPS estimates100% of the time and has beaten revenue estimates 63% of the time.\nOver the last 3 months, EPS estimates have seen 0upward revisions and 16 downward. Revenue estimates have seen 11 upward revisions and 1 downward.\n\"Oracle's current low valuation at ~16.7x CY22 estimated EPS reflects its slower growth rate compared to peers. Despite potential opportunities within existing database customers and cloud-based ERP applications, offsets from waning businesses mean 2021 likely lacks the catalysts for the positive inflection in revenue growth investors would need to see to drive multiples higher,” Keith Weiss, equity analyst at Morgan Stanley said.\nDespite beating FQ4 estimates, the stock traded down after posting its earnings; YTD, the stock gained 38%.\nSA Contributor Vladimir Dimitrov, CFA in his recent article said, \"Long-term potential of the business remains intact, and provided there are no drastic changes to overall demand, Oracle is likely to continue to outperform its peers.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817637301,"gmtCreate":1630939350403,"gmtModify":1676530425174,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093867056999920","idStr":"4093867056999920"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817637301","repostId":"1158081583","repostType":4,"repost":{"id":"1158081583","kind":"news","pubTimestamp":1630920237,"share":"https://ttm.financial/m/news/1158081583?lang=&edition=fundamental","pubTime":"2021-09-06 17:23","market":"us","language":"en","title":"Apple Stock Forecast: What To Consider For The Rest Of 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1158081583","media":"seekingalpha","summary":"Summary\n\nApple's stock has rallied close to 16% on a year-to-date basis, with a strong uptrend momen","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple's stock has rallied close to 16% on a year-to-date basis, with a strong uptrend momentum in recent weeks as the largest annual Apple launch event draws near.</li>\n <li>The stock's performance for the rest of calendar-2021 will be primarily underpinned by Apple's upcoming launch of the iPhone 13 and other feature upgrades.</li>\n <li>The technological improvements have been strategically curated to maximize capitalization on evolving post-pandemic consumer preferences and behaviours, which is expected to drive higher sales and further the stock's valuation.</li>\n <li>Combined with Apple's recent success in navigating through supply chain and regulatory headwinds, the stock is slated for further upside realization through to the end of fiscal and calendar 2021.</li>\n <li>Our outlook and 12-month price target for Apple remain bullish at $170.91, representing a near-term upside of more than 11% based on the last traded price of $153.65 on September 2nd.</li>\n</ul>\n<p>Apple's(NASDAQ:AAPL)stock has rallied close to 15% on a year-to-date basis, despite a slight hiccup following management's warning of decelerating service revenue growth rates and temporary production impacts on the iPhones and iPads due to ongoing supply chain constraints ahead. The stock's uptrend has maintained its momentum in recent weeks, as investors turn their eyes to the most highly anticipated Apple launch event of the year, which typically takes place in September, coupled with the anticipated surge in sales driven by fast-approaching back-to-school and holiday season demands.</p>\n<p>Apple's performance for the rest of calendar 2021 will be primarily underpinned by the upcoming launch of the iPhone 13 and other feature upgrades, all of which have been strategically curated to maximize capitalization on evolving post-pandemic consumer preferences and behaviours. The company has also been swiftly navigating through the supply chain constraints that have sent shock waves throughout the broader tech industry - despite earlier warnings of increasing supply chain pressures ahead that could impact iPhone and iPad production levels, Apple has been resilient and already frontloaded its request to suppliers to up productions of the new-generation iPhones to90 million unitsbefore the end of the calendar year, representing an increase of 20% compared to the typical initial production levels of 75 million units. And a recent decision by Apple to allow developers of \"reader apps\" to redirect user payments to external websites is also expected to help put out some of the regulatory fires it has been dealing with in recent months, further alleviating some of the headwinds it has been experiencing in the first half of the year.</p>\n<p>The rising global demand for Apple's products and services, coupled with the company's ability to accommodate post-pandemic consumption patterns with new product and feature launches later this year is expected to further enhance its financial performance, and consequently bolster the stock's upside potential. Consistent with ourrecent analysison the stock following the release of its June-quarter results, our outlook and 12-month price target remain bullish at $170.91, representing near-term upside of more than 11% based on the last traded price of $153.65 on September 2nd.</p>\n<p><b>A Boost from Upcoming Product and Feature Launches</b></p>\n<p>Although Apple has yet to announce a date, the next generation of iPhones and other Apple products are near, based on the historical timeline for its largest launch event of the year, which typically happens in September. In addition to the highly anticipated iPhone 13, fans of the brand also have their eyes on new Apple Watches, iPads, MacBooks, and AirPods. The anticipated upgrades have seemed to be strategically paired with evolving post-pandemic demands, including contactless payment and identification verification solutions, portable computing devices that can support agile working conditions, and health-centric technology, which are expected to drive higher sales across the board for the tech giant.</p>\n<p><b>iPhone Upgrades</b></p>\n<p>Despite the slump in iPhone sales observed during the pandemic-stricken first half of 2020, Apple's launch of the 5G-enabled family of iPhone 12 devices in late 2020 was met with high demand. The active installed base of iPhones subsequent to the launch reached a new all-time high during the March-quarter, with over 99% customer satisfaction achieved for the iPhone 12 family. The sales momentum experienced with the iPhone 12 is expected to carry forward onto the iPhone 13 as Apple continues to benefit from 5G smartphone upgrades and an anticipated improvement to the broader smartphone market underpinned by the global post-pandemic economic recovery. Although the technological features of the iPhone 13 are not expected to differ significantly from the iPhone 12, other thanimproved camera quality and processing speeds, Apple is preparing to sell as many as 90 million units of the new-generation device between the time of launch and the end of calendar 2021; this marks the largest launch cycle in the history of iPhones, as initial production runs have typically settled at 75 million units in recent years.</p>\n<p>The 20% increase in next-generation iPhone production levels is a sign for additional demand ahead as global 5G device upgrades start to gather pace, especially with the help of cell-phone carriers as they look to generate returns from their years of investments into the rollout of 5G wireless service. Reputable wireless carriers in the U.S., Apple's largest market, have been keen on promoting the sale of 5G-enabled devices, including the iPhone 12, in recent months with enticing offers in hopes of boosting their 5G network sign-ups. The strategy has been proven successful, with bothVerizonandAT&amp;Ttopping earnings estimates in the past quarter thanks to positive consumer response to 5G upgrades. The upcoming launch of the iPhone 13 by Apple, coupled with the annual back-to-school and holiday season phone promotions by wireless carriers are expected to mutually bolster demand for one another, supporting Apple's anticipation for additional demand ahead for its next-generation iPhones. Qualcomm, the largest smartphone chipmaker in the world, has also creditedrising 5G adoptionfor its bullish quarterly guidance, which further corroborates Apple's positive outlook on the demand for its 5G-enabled iPhone 13 devices through to the end of the year.</p>\n<p>The anticipated growth trends for Apple's iPhone segment for the rest of calendar 2021 further supports our expectations for iPhone sales to reach $192.9 billion by the end of the fiscal year, and continue to grow in line with market projections at acompounded annual growth rate (\"CAGR\") of 11.2%towards $260.5 billion by fiscal 2026.</p>\n<p><img src=\"https://static.tigerbbs.com/d51298d7b642ca70f71d03f5e0d3e560\" tg-width=\"640\" tg-height=\"211\" width=\"100%\" height=\"auto\"></p>\n<p>Source: Author, with data from our internal financial forecasts (Apple_-_Forecasted_Financial_Information.pdf).</p>\n<p><b>The All-New iPads and MacBooks</b></p>\n<p>In addition to the iPhone 13, Apple's family of iPads is alsoslated for a makeoverto further its appeal to growing demands for multi-purpose tablets in the post-pandemic era. The all-new iPad Mini featuring slimmer borders is expected to make its debut with the iPhone 13 later this month, while the iPad Pro is expected to launch in 2022 with an exterior makeover featuring a glass back and wireless charging capabilities. A slimmer entry-level iPad geared towards students is also in the books for Apple's anticipated September launch event. Apple will also be launchingrevamped MacBooksequipped with \"faster processors, new designs and improved connectivity to external devices\", the first major upgrade since 2019. The improvements are aimed at satisfying heightened user demands for affordable, convenient and reliable portable devices to facilitate agile working and studying arrangements in the post-pandemic era, and further the sales momentum observed on the product segment over the past year during pandemic lockdowns, which had bumped Apple's rank in global PC sales to fourth place. The company accounted for 15% of the U.S. market during the beginning of the year.</p>\n<p>The upcoming launch of upgraded iPads and MacBooks is expected to strengthen Apple's performance through to the end of the year, and further bolster our base-case projections on Mac and iPad sales of $10.7 billion and $7.6 billion for the coming September-quarter, respectively. This would accordingly translate to projected annual Mac and iPad sales of $36.7 billion and $31.2 billion, respectively, for fiscal 2021. And the two revenue streams are expected to further grow in line with historical performance and market expectations at a CAGR of 7.2% and 9.6% towards $51.8 billion and $49.3 billion, respectively, by fiscal 2026.</p>\n<p><img src=\"https://static.tigerbbs.com/8da213bf89b26e6c88d031b65044f5bc\" tg-width=\"640\" tg-height=\"239\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Source: Author, with data from our internal financial forecasts.</p>\n<p><b>Health-Centric Apple Watch</b></p>\n<p>The upcoming launch of the Apple Watch Series 7 is also expected to feature major health-centric technological enhancements such asblood pressure measurement,fertility tracking and fever detection, in addition to improved displays and processing speeds. The upgrades are expected to draw higher capitalization on evolving consumer preference for technology supportive of their pivot towards prioritizing health and wellbeing in the post-pandemic environment. There have been rumors of a production delay on the newest wearable technology, due to technological difficulties caused by design complexities. These issues have been made worse by pandemic-related disruptions and have made collaboration between Apple and its manufacturers difficult. The pact has been \"working around the clock\" to resolve the issues and put the product into mass production before the end of the calendar year, if not in September. However, the anticipated launch of the product is still expected to occur in the coming weeks along with the iPhone 13 and other upgraded computing devices. This is expected to lift investors' outlook on the tech giant's continued bullish performance as the Apple Watch continues to lead the company's Wearables, Home and Accessories product segment sales.</p>\n<p>Our base-case forecast for Apple's Wearables, Home and Accessories product segment revenues for the end of the fiscal year remains unchanged from our previous coverage at $39.2 billion. The upcoming launch of the upgraded Apple Watch Series 7 is expected to drive a higher capitalization rate on increasing consumer preference for health-oriented technology, and further underscores our base-case projections for the current fiscal year. The product segment's sales are expected to further increase at a CAGR of 10.0% towards $63.1 billion by fiscal 2026, which will be primarily led by the sale of Apple Watches amongst other smart home appliances and tech accessories within the product segment, as global demand for wearable technology is expected to seeaccelerated growth at a CAGR of 18%over the forecasted period due to evolving consumer demands.</p>\n<p><img src=\"https://static.tigerbbs.com/33685305b048a08c81c7169bd22ca88c\" tg-width=\"640\" tg-height=\"221\" width=\"100%\" height=\"auto\"></p>\n<p>Source: Author, with data from our internal financial forecasts.</p>\n<p><b>Wallet Feature Upgrades</b></p>\n<p>Apple's recent announcement to allow the addition of driver's license and state identification documents to the Apple Wallet for use at participating airports across eight states - including Arizona, Georgia, Connecticut, Iowa, Kentucky, Maryland, Oklahoma, and Utah - is another strategic play on frontloading technological features that will be critical in the post-pandemic norm. The new feature, which Apple had hinted it was working with the Transportation Security Administration on fromback in June, will be the first of its kind and is expected to attract further demand for its Apple-Wallet-compatible devices in the U.S. as Americans look for a \"touchless airport experience\" once borders reopen and post-pandemic travels resume.</p>\n<p>The feature has already been tried and tested onmobile student identification cardsacross universities in the U.S. and Canada, which allows students to access campus and pay directly from their virtual Apple Wallets. This is a strong indicator that the same feature will also work for global travel documents in the foreseeable future, pending overseas government security approval. And once the feature to include legal identification documents in the Apple Wallet becomes globally recognized, it is expected to drive a higher installed base of the iPhones and Apple Watches, which are currently the only devices compatible with the Apple Wallet, and further Apple's global market penetration in the long-run.</p>\n<p><b>Regulatory Settlements</b></p>\n<p>Apples recent decision to allow developers for \"reader apps\" that distribute content like newspapers, books, video and music to redirect user payments to an external link and exempt them from the typical 30% commission levied on in-app transactions has further alleviated risks of stymied growth for the tech giant amid rising sentiments on regulatory violations. The rule change, which will go into global effect starting early next year, settles an ongoing investigation by Japan's Fair Trade Commission over Apple's anti-competitive behaviour exhibited through the App Store's payment practices. It also follows South Korea's enactment of anew billthat will effectively abolish app store operators' ability to require online payments be made through their respective in-app systems in the country, setting precedent for other countries, including the U.S. and India, that have expressed similar scrutiny over said payment practices.</p>\n<p>However, the new change is not expected to materially impact Apple's overall financial performance, as commission fees generated from payments in reader apps account for less than 13% of App Store sales. Meanwhile, the commission-fee structure on in-app payments for mobile games, which currently account for about 70% of App Store sales, remain unchanged. Apple will maintain its 30% commission charge on gaming app makers, and reduce the fee to 15% if in-app transactions exceed $1 million a year.</p>\n<p>In addition to the in-app payment rule change for reader apps, Apple's continued efforts in fending off global antitrust scrutiny also include thesettlement of a class action lawsuitwith U.S. app developers who have claimed the company had overcharged them for distributing their apps through the Apple App Store. The settlement involves a one-time payment of $100 million from Apple to app developers involved in the lawsuit, and a new policy that officially allows developers to promote external payment methods via mediums outside of the app. However, in-app advertisements for external payment methods remain prohibited for mobile gaming apps, leaving Apple's broader policy on its in-app payment commission fee structure unchanged.</p>\n<p>Although both recent policy changes will not immediately resolve other ongoing antitrust scrutiny and legal disputes, it addresses some of the key concerns that regulators have raised. Even Spotify CEO Daniel Ek - a long-time critic of Apple's commission system - has applauded the policy changes as a \"step in the right direction\", which builds a case for Apple's increasing eagerness to embrace greater competition and further alleviates the risks on growing antitrust sentiments in the long-run.</p>\n<p><b>Navigating Supply Chain Constraints</b></p>\n<p>Despite earlier warnings of supply chain constraints that could lead to north of $4 billion in adverse impacts to the upcoming September-quarter's financials, the ongoing chip shortage is no longer expected to affect the production of the new iPhones. Apple has already pressed forward with outsized chip orders months in advance from its Asian suppliers as part of ongoing efforts to alleviate supply chain pressures and ensure streamlined execution of its largest launch cycle for the next-generation iPhones expected for later this month. The recent announcement to up the initial production run on the iPhone 13 devices from 75 million units to 90 million units bolsters Apple's ability in mitigating the ongoing supply chain constraints once again, and further supports expectations for strong double-digit sales growth for the upcoming September-quarter and through to the end of the calendar year.</p>\n<p><b>Financial Prospects Recap</b></p>\n<p>The foregoing analysis on Apple's recent developments suggest that the headwinds related to decelerated growth and supply chain impacts which management had warned about during the June-quarter earnings call may be less severe than expected. This further bolsters the company's positive financial prospects through to the end of the fiscal and calendar year, with strong double-digit year-over-year sales growth expected to persist for the fourth consecutive quarter. Our base-case forecast projects total net sales of $85.6 billion for the September quarter, which comprises of $67.6 billion in product sales and $18 billion in service sales, representing year-over-year growth of 35% and 24%, respectively. Total net sales for the current fiscal year are projected at $368.1 billion, up 34% from the prior year, and is expected to maintain accelerated growth at a CAGR of 8% towards $534.4 billion by FY 2026 as a result of increasing adoption and integration of technology and digital media in both professional and personal aspects of day-to-day routines.</p>\n<p><img src=\"https://static.tigerbbs.com/2fb0c9edde6b0ef9b27f3758d572e074\" tg-width=\"640\" tg-height=\"218\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Source: Author, with data from our internal financial forecasts. Please refer to our recent coverageherefor further detail.</p>\n<p>And consistent with management's guidance for the upcoming September quarter, gross profit margins are projected at 42.0% for the September quarter, which reflects the overall increase in average product prices, partially offset by higher freight costs ahead due to COVID-related disruptions. Combined with Apple's performance through to the June-quarter, the annual gross profit margin for fiscal 2021 is expected to remain at 41.7%, up from 38% observed in fiscal 2019 and fiscal 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/10d12d37bc82c04490ec25fda100471a\" tg-width=\"640\" tg-height=\"195\" width=\"100%\" height=\"auto\"></p>\n<p>Source: Author, with data from our internal financial forecasts.</p>\n<p>Based on Apple's projected sales performance and cost structure for the year, our base case forecast projects FY 2021 net income of $94.8 billion, which represents year-over-year growth of 65%. The bottom line is forecasted to experience further accelerated growth at a CAGR of 6.9% through to 2026, resulting in projected net income of $132.5 billion by then.</p>\n<p><img src=\"https://static.tigerbbs.com/243754e864fd9dd3fc7eb9391f726088\" tg-width=\"640\" tg-height=\"195\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Source: Author, with data from our internal financial forecasts.</p>\n<p><i>i. Base Case Financial Forecasts:</i></p>\n<p><img src=\"https://static.tigerbbs.com/790d14d65f78b1292ec5b9b45f0e87c9\" tg-width=\"640\" tg-height=\"309\" width=\"100%\" height=\"auto\"></p>\n<p>Source: Author, with data from our internal financial forecasts.</p>\n<p><b>Apple Stock Valuation</b></p>\n<p><img src=\"https://static.tigerbbs.com/5de8a18f9620e04f9290f703a308d6f3\" tg-width=\"640\" tg-height=\"207\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Source: Author, with data from our internal valuation analysis.</p>\n<p>Apple's positive business outlook for the remainder of the fiscal and calendar year further bolsters the 12-month price target of $170.91 we have set based on ourrecent analysison the stock following the release of June-quarter results. This represents upside potential of more than 11% based on the last traded share price of $153.65 on September 2nd.</p>\n<p>The price target is derived from a discounted cash flow (\"DCF\") analysis over a five-year discrete period in conjunction with the forecasted financial information discussed in earlier sections. Our valuation assumptions, including the WACC used to discount the projected cash flows and the exit multiple, remains unchanged from our last coverage on the stock, as the business' risk profile and the market's outlook on Apple's growth potential has not materially changed.</p>\n<p><i>i. Base Case Valuation Analysis:</i></p>\n<p><img src=\"https://static.tigerbbs.com/fed0d5924077b13994f1da51811305cf\" tg-width=\"640\" tg-height=\"317\" width=\"100%\" height=\"auto\"></p>\n<p>Source: Author, with data from our internal valuation analysis.</p>\n<p><b>Conclusion</b></p>\n<p>The remainder of fiscal and calendar 2021 is expected to be another period of accelerated sales growth for Apple, as it shifts its focus on materializing the growth strategies it has been piecing together during the earlier half of the year. The most highly anticipated launch event of the year, which most speculate to occur inmid-September, is expected to be an inflection point that will set the stage for further upside realization through to the end of the year and into 2022 as new products and features continue to roll-out and drive higher sales. In the near-term, the company will continue to benefit from surging demands for 5G upgrades, as well as other devices and services curated for post-pandemic era needs. And in the long-run, Apple's continued commitment to pioneering innovation, such as the ongoing development ofsatellite capabilities for iPhonesto allow emergency calls in areas without cellular coverage andelectric self-driving vehicles, is expected to drive higher sustainable growth and reinforce its position as a global industry leader by wide margins.</p>","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>Apple Stock Forecast: What To Consider For The Rest Of 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock Forecast: What To Consider For The Rest Of 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 17:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4453479-apple-stock-forecast-2021><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple's stock has rallied close to 16% on a year-to-date basis, with a strong uptrend momentum in recent weeks as the largest annual Apple launch event draws near.\nThe stock's performance for...</p>\n\n<a href=\"https://seekingalpha.com/article/4453479-apple-stock-forecast-2021\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4453479-apple-stock-forecast-2021","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1158081583","content_text":"Summary\n\nApple's stock has rallied close to 16% on a year-to-date basis, with a strong uptrend momentum in recent weeks as the largest annual Apple launch event draws near.\nThe stock's performance for the rest of calendar-2021 will be primarily underpinned by Apple's upcoming launch of the iPhone 13 and other feature upgrades.\nThe technological improvements have been strategically curated to maximize capitalization on evolving post-pandemic consumer preferences and behaviours, which is expected to drive higher sales and further the stock's valuation.\nCombined with Apple's recent success in navigating through supply chain and regulatory headwinds, the stock is slated for further upside realization through to the end of fiscal and calendar 2021.\nOur outlook and 12-month price target for Apple remain bullish at $170.91, representing a near-term upside of more than 11% based on the last traded price of $153.65 on September 2nd.\n\nApple's(NASDAQ:AAPL)stock has rallied close to 15% on a year-to-date basis, despite a slight hiccup following management's warning of decelerating service revenue growth rates and temporary production impacts on the iPhones and iPads due to ongoing supply chain constraints ahead. The stock's uptrend has maintained its momentum in recent weeks, as investors turn their eyes to the most highly anticipated Apple launch event of the year, which typically takes place in September, coupled with the anticipated surge in sales driven by fast-approaching back-to-school and holiday season demands.\nApple's performance for the rest of calendar 2021 will be primarily underpinned by the upcoming launch of the iPhone 13 and other feature upgrades, all of which have been strategically curated to maximize capitalization on evolving post-pandemic consumer preferences and behaviours. The company has also been swiftly navigating through the supply chain constraints that have sent shock waves throughout the broader tech industry - despite earlier warnings of increasing supply chain pressures ahead that could impact iPhone and iPad production levels, Apple has been resilient and already frontloaded its request to suppliers to up productions of the new-generation iPhones to90 million unitsbefore the end of the calendar year, representing an increase of 20% compared to the typical initial production levels of 75 million units. And a recent decision by Apple to allow developers of \"reader apps\" to redirect user payments to external websites is also expected to help put out some of the regulatory fires it has been dealing with in recent months, further alleviating some of the headwinds it has been experiencing in the first half of the year.\nThe rising global demand for Apple's products and services, coupled with the company's ability to accommodate post-pandemic consumption patterns with new product and feature launches later this year is expected to further enhance its financial performance, and consequently bolster the stock's upside potential. Consistent with ourrecent analysison the stock following the release of its June-quarter results, our outlook and 12-month price target remain bullish at $170.91, representing near-term upside of more than 11% based on the last traded price of $153.65 on September 2nd.\nA Boost from Upcoming Product and Feature Launches\nAlthough Apple has yet to announce a date, the next generation of iPhones and other Apple products are near, based on the historical timeline for its largest launch event of the year, which typically happens in September. In addition to the highly anticipated iPhone 13, fans of the brand also have their eyes on new Apple Watches, iPads, MacBooks, and AirPods. The anticipated upgrades have seemed to be strategically paired with evolving post-pandemic demands, including contactless payment and identification verification solutions, portable computing devices that can support agile working conditions, and health-centric technology, which are expected to drive higher sales across the board for the tech giant.\niPhone Upgrades\nDespite the slump in iPhone sales observed during the pandemic-stricken first half of 2020, Apple's launch of the 5G-enabled family of iPhone 12 devices in late 2020 was met with high demand. The active installed base of iPhones subsequent to the launch reached a new all-time high during the March-quarter, with over 99% customer satisfaction achieved for the iPhone 12 family. The sales momentum experienced with the iPhone 12 is expected to carry forward onto the iPhone 13 as Apple continues to benefit from 5G smartphone upgrades and an anticipated improvement to the broader smartphone market underpinned by the global post-pandemic economic recovery. Although the technological features of the iPhone 13 are not expected to differ significantly from the iPhone 12, other thanimproved camera quality and processing speeds, Apple is preparing to sell as many as 90 million units of the new-generation device between the time of launch and the end of calendar 2021; this marks the largest launch cycle in the history of iPhones, as initial production runs have typically settled at 75 million units in recent years.\nThe 20% increase in next-generation iPhone production levels is a sign for additional demand ahead as global 5G device upgrades start to gather pace, especially with the help of cell-phone carriers as they look to generate returns from their years of investments into the rollout of 5G wireless service. Reputable wireless carriers in the U.S., Apple's largest market, have been keen on promoting the sale of 5G-enabled devices, including the iPhone 12, in recent months with enticing offers in hopes of boosting their 5G network sign-ups. The strategy has been proven successful, with bothVerizonandAT&Ttopping earnings estimates in the past quarter thanks to positive consumer response to 5G upgrades. The upcoming launch of the iPhone 13 by Apple, coupled with the annual back-to-school and holiday season phone promotions by wireless carriers are expected to mutually bolster demand for one another, supporting Apple's anticipation for additional demand ahead for its next-generation iPhones. Qualcomm, the largest smartphone chipmaker in the world, has also creditedrising 5G adoptionfor its bullish quarterly guidance, which further corroborates Apple's positive outlook on the demand for its 5G-enabled iPhone 13 devices through to the end of the year.\nThe anticipated growth trends for Apple's iPhone segment for the rest of calendar 2021 further supports our expectations for iPhone sales to reach $192.9 billion by the end of the fiscal year, and continue to grow in line with market projections at acompounded annual growth rate (\"CAGR\") of 11.2%towards $260.5 billion by fiscal 2026.\n\nSource: Author, with data from our internal financial forecasts (Apple_-_Forecasted_Financial_Information.pdf).\nThe All-New iPads and MacBooks\nIn addition to the iPhone 13, Apple's family of iPads is alsoslated for a makeoverto further its appeal to growing demands for multi-purpose tablets in the post-pandemic era. The all-new iPad Mini featuring slimmer borders is expected to make its debut with the iPhone 13 later this month, while the iPad Pro is expected to launch in 2022 with an exterior makeover featuring a glass back and wireless charging capabilities. A slimmer entry-level iPad geared towards students is also in the books for Apple's anticipated September launch event. Apple will also be launchingrevamped MacBooksequipped with \"faster processors, new designs and improved connectivity to external devices\", the first major upgrade since 2019. The improvements are aimed at satisfying heightened user demands for affordable, convenient and reliable portable devices to facilitate agile working and studying arrangements in the post-pandemic era, and further the sales momentum observed on the product segment over the past year during pandemic lockdowns, which had bumped Apple's rank in global PC sales to fourth place. The company accounted for 15% of the U.S. market during the beginning of the year.\nThe upcoming launch of upgraded iPads and MacBooks is expected to strengthen Apple's performance through to the end of the year, and further bolster our base-case projections on Mac and iPad sales of $10.7 billion and $7.6 billion for the coming September-quarter, respectively. This would accordingly translate to projected annual Mac and iPad sales of $36.7 billion and $31.2 billion, respectively, for fiscal 2021. And the two revenue streams are expected to further grow in line with historical performance and market expectations at a CAGR of 7.2% and 9.6% towards $51.8 billion and $49.3 billion, respectively, by fiscal 2026.\n\nSource: Author, with data from our internal financial forecasts.\nHealth-Centric Apple Watch\nThe upcoming launch of the Apple Watch Series 7 is also expected to feature major health-centric technological enhancements such asblood pressure measurement,fertility tracking and fever detection, in addition to improved displays and processing speeds. The upgrades are expected to draw higher capitalization on evolving consumer preference for technology supportive of their pivot towards prioritizing health and wellbeing in the post-pandemic environment. There have been rumors of a production delay on the newest wearable technology, due to technological difficulties caused by design complexities. These issues have been made worse by pandemic-related disruptions and have made collaboration between Apple and its manufacturers difficult. The pact has been \"working around the clock\" to resolve the issues and put the product into mass production before the end of the calendar year, if not in September. However, the anticipated launch of the product is still expected to occur in the coming weeks along with the iPhone 13 and other upgraded computing devices. This is expected to lift investors' outlook on the tech giant's continued bullish performance as the Apple Watch continues to lead the company's Wearables, Home and Accessories product segment sales.\nOur base-case forecast for Apple's Wearables, Home and Accessories product segment revenues for the end of the fiscal year remains unchanged from our previous coverage at $39.2 billion. The upcoming launch of the upgraded Apple Watch Series 7 is expected to drive a higher capitalization rate on increasing consumer preference for health-oriented technology, and further underscores our base-case projections for the current fiscal year. The product segment's sales are expected to further increase at a CAGR of 10.0% towards $63.1 billion by fiscal 2026, which will be primarily led by the sale of Apple Watches amongst other smart home appliances and tech accessories within the product segment, as global demand for wearable technology is expected to seeaccelerated growth at a CAGR of 18%over the forecasted period due to evolving consumer demands.\n\nSource: Author, with data from our internal financial forecasts.\nWallet Feature Upgrades\nApple's recent announcement to allow the addition of driver's license and state identification documents to the Apple Wallet for use at participating airports across eight states - including Arizona, Georgia, Connecticut, Iowa, Kentucky, Maryland, Oklahoma, and Utah - is another strategic play on frontloading technological features that will be critical in the post-pandemic norm. The new feature, which Apple had hinted it was working with the Transportation Security Administration on fromback in June, will be the first of its kind and is expected to attract further demand for its Apple-Wallet-compatible devices in the U.S. as Americans look for a \"touchless airport experience\" once borders reopen and post-pandemic travels resume.\nThe feature has already been tried and tested onmobile student identification cardsacross universities in the U.S. and Canada, which allows students to access campus and pay directly from their virtual Apple Wallets. This is a strong indicator that the same feature will also work for global travel documents in the foreseeable future, pending overseas government security approval. And once the feature to include legal identification documents in the Apple Wallet becomes globally recognized, it is expected to drive a higher installed base of the iPhones and Apple Watches, which are currently the only devices compatible with the Apple Wallet, and further Apple's global market penetration in the long-run.\nRegulatory Settlements\nApples recent decision to allow developers for \"reader apps\" that distribute content like newspapers, books, video and music to redirect user payments to an external link and exempt them from the typical 30% commission levied on in-app transactions has further alleviated risks of stymied growth for the tech giant amid rising sentiments on regulatory violations. The rule change, which will go into global effect starting early next year, settles an ongoing investigation by Japan's Fair Trade Commission over Apple's anti-competitive behaviour exhibited through the App Store's payment practices. It also follows South Korea's enactment of anew billthat will effectively abolish app store operators' ability to require online payments be made through their respective in-app systems in the country, setting precedent for other countries, including the U.S. and India, that have expressed similar scrutiny over said payment practices.\nHowever, the new change is not expected to materially impact Apple's overall financial performance, as commission fees generated from payments in reader apps account for less than 13% of App Store sales. Meanwhile, the commission-fee structure on in-app payments for mobile games, which currently account for about 70% of App Store sales, remain unchanged. Apple will maintain its 30% commission charge on gaming app makers, and reduce the fee to 15% if in-app transactions exceed $1 million a year.\nIn addition to the in-app payment rule change for reader apps, Apple's continued efforts in fending off global antitrust scrutiny also include thesettlement of a class action lawsuitwith U.S. app developers who have claimed the company had overcharged them for distributing their apps through the Apple App Store. The settlement involves a one-time payment of $100 million from Apple to app developers involved in the lawsuit, and a new policy that officially allows developers to promote external payment methods via mediums outside of the app. However, in-app advertisements for external payment methods remain prohibited for mobile gaming apps, leaving Apple's broader policy on its in-app payment commission fee structure unchanged.\nAlthough both recent policy changes will not immediately resolve other ongoing antitrust scrutiny and legal disputes, it addresses some of the key concerns that regulators have raised. Even Spotify CEO Daniel Ek - a long-time critic of Apple's commission system - has applauded the policy changes as a \"step in the right direction\", which builds a case for Apple's increasing eagerness to embrace greater competition and further alleviates the risks on growing antitrust sentiments in the long-run.\nNavigating Supply Chain Constraints\nDespite earlier warnings of supply chain constraints that could lead to north of $4 billion in adverse impacts to the upcoming September-quarter's financials, the ongoing chip shortage is no longer expected to affect the production of the new iPhones. Apple has already pressed forward with outsized chip orders months in advance from its Asian suppliers as part of ongoing efforts to alleviate supply chain pressures and ensure streamlined execution of its largest launch cycle for the next-generation iPhones expected for later this month. The recent announcement to up the initial production run on the iPhone 13 devices from 75 million units to 90 million units bolsters Apple's ability in mitigating the ongoing supply chain constraints once again, and further supports expectations for strong double-digit sales growth for the upcoming September-quarter and through to the end of the calendar year.\nFinancial Prospects Recap\nThe foregoing analysis on Apple's recent developments suggest that the headwinds related to decelerated growth and supply chain impacts which management had warned about during the June-quarter earnings call may be less severe than expected. This further bolsters the company's positive financial prospects through to the end of the fiscal and calendar year, with strong double-digit year-over-year sales growth expected to persist for the fourth consecutive quarter. Our base-case forecast projects total net sales of $85.6 billion for the September quarter, which comprises of $67.6 billion in product sales and $18 billion in service sales, representing year-over-year growth of 35% and 24%, respectively. Total net sales for the current fiscal year are projected at $368.1 billion, up 34% from the prior year, and is expected to maintain accelerated growth at a CAGR of 8% towards $534.4 billion by FY 2026 as a result of increasing adoption and integration of technology and digital media in both professional and personal aspects of day-to-day routines.\n\nSource: Author, with data from our internal financial forecasts. Please refer to our recent coverageherefor further detail.\nAnd consistent with management's guidance for the upcoming September quarter, gross profit margins are projected at 42.0% for the September quarter, which reflects the overall increase in average product prices, partially offset by higher freight costs ahead due to COVID-related disruptions. Combined with Apple's performance through to the June-quarter, the annual gross profit margin for fiscal 2021 is expected to remain at 41.7%, up from 38% observed in fiscal 2019 and fiscal 2020.\n\nSource: Author, with data from our internal financial forecasts.\nBased on Apple's projected sales performance and cost structure for the year, our base case forecast projects FY 2021 net income of $94.8 billion, which represents year-over-year growth of 65%. The bottom line is forecasted to experience further accelerated growth at a CAGR of 6.9% through to 2026, resulting in projected net income of $132.5 billion by then.\n\nSource: Author, with data from our internal financial forecasts.\ni. Base Case Financial Forecasts:\n\nSource: Author, with data from our internal financial forecasts.\nApple Stock Valuation\n\nSource: Author, with data from our internal valuation analysis.\nApple's positive business outlook for the remainder of the fiscal and calendar year further bolsters the 12-month price target of $170.91 we have set based on ourrecent analysison the stock following the release of June-quarter results. This represents upside potential of more than 11% based on the last traded share price of $153.65 on September 2nd.\nThe price target is derived from a discounted cash flow (\"DCF\") analysis over a five-year discrete period in conjunction with the forecasted financial information discussed in earlier sections. Our valuation assumptions, including the WACC used to discount the projected cash flows and the exit multiple, remains unchanged from our last coverage on the stock, as the business' risk profile and the market's outlook on Apple's growth potential has not materially changed.\ni. Base Case Valuation Analysis:\n\nSource: Author, with data from our internal valuation analysis.\nConclusion\nThe remainder of fiscal and calendar 2021 is expected to be another period of accelerated sales growth for Apple, as it shifts its focus on materializing the growth strategies it has been piecing together during the earlier half of the year. The most highly anticipated launch event of the year, which most speculate to occur inmid-September, is expected to be an inflection point that will set the stage for further upside realization through to the end of the year and into 2022 as new products and features continue to roll-out and drive higher sales. In the near-term, the company will continue to benefit from surging demands for 5G upgrades, as well as other devices and services curated for post-pandemic era needs. And in the long-run, Apple's continued commitment to pioneering innovation, such as the ongoing development ofsatellite capabilities for iPhonesto allow emergency calls in areas without cellular coverage andelectric self-driving vehicles, is expected to drive higher sustainable growth and reinforce its position as a global industry leader by wide margins.","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817635457,"gmtCreate":1630939188279,"gmtModify":1676530425131,"author":{"id":"4093867056999920","authorId":"4093867056999920","name":"_Shins","avatar":"https://static.tigerbbs.com/406fc97ed0d96fb058e5fe21cbcfd212","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4093867056999920","idStr":"4093867056999920"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817635457","repostId":"2165938194","repostType":4,"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}