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2022-04-09

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Want $1 Million in Retirement? Invest $100,000 in These 3 Stocks and Wait a Decade

2022-02-21

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3 Stocks That Turned $5,000 Into $10,000 (or More) in Just a Few Years

2022-05-15

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Should You Buy the S&P 500's 4 Worst-Performing 2022 Stocks?

2022-03-31

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US STOCKS-Dow, S&P Close Lower After 4 Days of Gains

2022-07-27

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US STOCKS-Indexes Drop As Walmart Profit Warning Spooks Investors

2022-07-23

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US STOCKS-Wall Street Closes Lower As Ad Tech, Social Media Stocks Drop

2022-06-15

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US STOCKS-S&P 500 Dips With Fed Policy Announcement on Tap

2022-05-21

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It's Down Almost 40% Year to Date -- Should Investors Buy Tesla Stock?

2022-04-05

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After-Hours Stock Movers: RCUS, CCL, RCL Higher; ANY,XPOF Lower

2022-03-27

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US IPO Weekly Recap: The IPO Market Remains Frozen in a 1 IPO Week

2022-03-06

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3 Top MLPs to Buy For High Yields

2022-02-27

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Buffett Full Annual Letter：Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value

2022-02-20

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3 Stocks That Could Be Worth More Than Apple by 2035

2022-02-08

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2022-01-14

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Down 15% Already in 2022, Is This Metaverse Stock a Buy?

2022-01-06

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Nasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes

2022-01-05

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Dow posts closing record high for 2nd day, boosted by banks

2021-12-26

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3 Best Buffett Stocks to Buy for the Long Haul

2022-08-13

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Why Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231

2022-06-27

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Got $5,000? Buy and Hold These 3 Value Stocks for Years

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Retail investors don’t buy into it, let them FOMO among themselves until we see price stabilization if not this is all price manipulation. 98+ is a good entry point, anything beyond that is just price manipulation. Don't buy into it, they will pump and dump again.","listText":"<a href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$&nbsp;</a><v-v data-views=\"0\"></v-v> 2.8k stocks bought to pump up the price intentionally Right there, Dangle the carrot. Retail investors don’t buy into it, let them FOMO among themselves until we see price stabilization if not this is all price manipulation. 98+ is a good entry point, anything beyond that is just price manipulation. Don't buy into it, they will pump and dump again.","text":"$Micron Technology(MU)$ 2.8k stocks bought to pump up the price intentionally Right there, Dangle the carrot. Retail investors don’t buy into it, let them FOMO among themselves until we see price stabilization if not this is all price manipulation. 98+ is a good entry point, anything beyond that is just price manipulation. Don't buy into it, they will pump and dump again.","images":[{"img":"https://community-static.tradeup.com/news/1b0de1eeb53ee00d0c8c044f38a93438","width":"400","height":"688"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380452711997440","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380658217279848,"gmtCreate":1733962124034,"gmtModify":1733962126427,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380658217279848","repostId":"380430067195920","repostType":1,"repost":{"id":380430067195920,"gmtCreate":1733904327682,"gmtModify":1733905579852,"author":{"id":"3568783168690635","authorId":"3568783168690635","name":"xialankia","avatar":"https://static.tigerbbs.com/9bdf21f6cbc55f6cbf529e76e6f2ff3c","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3568783168690635","authorIdStr":"3568783168690635"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a><v-v data-views=\"0\"></v-v> Retailer Investor needs to start thinking if it is wise to buy at such lofty price.&nbsp; Some thoughts: (1) If you are holding with profits, should take some profit off the table for a good year. (2) If you are not holding and would like to own share of palantir, should wait for price drop after nasdaq inclusion, which should be the reason why the current price is so resilient. (3) Long term wise bullish, with good company fundamentals. (4) Short term wise bearish, as the current valuation is too high.&nbsp; Trade with care! Share your thoughts!&nbsp;","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a><v-v data-views=\"0\"></v-v> Retailer Investor needs to start thinking if it is wise to buy at such lofty price.&nbsp; Some thoughts: (1) If you are holding with profits, should take some profit off the table for a good year. (2) If you are not holding and would like to own share of palantir, should wait for price drop after nasdaq inclusion, which should be the reason why the current price is so resilient. (3) Long term wise bullish, with good company fundamentals. (4) Short term wise bearish, as the current valuation is too high.&nbsp; Trade with care! Share your thoughts!&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$ Retailer Investor needs to start thinking if it is wise to buy at such lofty price. Some thoughts: (1) If you are holding with profits, should take some profit off the table for a good year. (2) If you are not holding and would like to own share of palantir, should wait for price drop after nasdaq inclusion, which should be the reason why the current price is so resilient. (3) Long term wise bullish, with good company fundamentals. (4) Short term wise bearish, as the current valuation is too high. Trade with care! Share your thoughts!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380430067195920","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380603212206248,"gmtCreate":1733962112321,"gmtModify":1733962114573,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380603212206248","repostId":"380125261750832","repostType":1,"repost":{"id":380125261750832,"gmtCreate":1733847482610,"gmtModify":1733904602343,"author":{"id":"4171900329979952","authorId":"4171900329979952","name":"Barcode","avatar":"https://community-static.tradeup.com/news/6688d8fb4c2a255e3b901e79755e56df","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171900329979952","authorIdStr":"4171900329979952"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TEM\">$Tempus AI(TEM)$</a>📈 B̤̮Ṳ̮L̤̮L̤̮I̤̮S̤̮H̤̮🔺 Wait to add to positions until the lower green line on my first chart image. This ticker moves with $SMCI which took a hit in Open. Great upside with a 🎯 of $75! Happy Trading ahead! Cheers BC 🍀🍀🍀 <a href=\"https://ttm.financial/U/9000000000000575\">@Gloria112</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TEM\">$Tempus AI(TEM)$</a>📈 B̤̮Ṳ̮L̤̮L̤̮I̤̮S̤̮H̤̮🔺 Wait to add to positions until the lower green line on my first chart image. This ticker moves with $SMCI which took a hit in Open. Great upside with a 🎯 of $75! Happy Trading ahead! Cheers BC 🍀🍀🍀 <a href=\"https://ttm.financial/U/9000000000000575\">@Gloria112</a>&nbsp;","text":"$Tempus AI(TEM)$📈 B̤̮Ṳ̮L̤̮L̤̮I̤̮S̤̮H̤̮🔺 Wait to add to positions until the lower green line on my first chart image. This ticker moves with $SMCI which took a hit in Open. Great upside with a 🎯 of $75! Happy Trading ahead! Cheers BC 🍀🍀🍀 @Gloria112","images":[{"img":"https://community-static.tradeup.com/news/906cbc2acb72ee4861d9bdd2e8d214ee","width":"892","height":"815"},{"img":"https://community-static.tradeup.com/news/69e94d5bc7099ded7917ab7b85a9d7bc","width":"750","height":"1792"},{"img":"https://community-static.tradeup.com/news/9288aab086524bcc51245960582230e9","width":"1075","height":"934"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380125261750832","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360441009795168,"gmtCreate":1729038832942,"gmtModify":1729038834938,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360441009795168","repostId":"360157727080568","repostType":1,"repost":{"id":360157727080568,"gmtCreate":1728957011471,"gmtModify":1728973802242,"author":{"id":"4104927849217130","authorId":"4104927849217130","name":"tigertitus","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104927849217130","authorIdStr":"4104927849217130"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a> Wow IBG sold all 5million of their shares?","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a> Wow IBG sold all 5million of their shares?","text":"$Tiger Brokers(TIGR)$ Wow IBG sold all 5million of their shares?","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360157727080568","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360528712327304,"gmtCreate":1729038822840,"gmtModify":1729038824800,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360528712327304","repostId":"360324743565560","repostType":1,"repost":{"id":360324743565560,"gmtCreate":1728974329966,"gmtModify":1728984002202,"author":{"id":"3582666036773232","authorId":"3582666036773232","name":"ilovemoneymoney","avatar":"https://community-static.tradeup.com/news/0da51d41271dc6738063b8d226e4015f","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582666036773232","authorIdStr":"3582666036773232"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a> for those who didnt sell at the high while in green, i know your&nbsp;reasons...&nbsp;That burst of&nbsp;anger from 3 years of loss opportunity and the unlimited potential from China.&nbsp; Ultimately is the on going explosive trading volume and the future is all about equity! Brokerage is biggest winner. We know your thesis. We all are in the market to win, but usually the winners got it from the losers. High risk, high reward. Nothing is easy.&nbsp; Trader short the market to win and they have unlimited risk but good reward if done right. As fellow investors in the same market, we are neck to neck for the kill. Either you died with conviction without regret or you died in panic attack... I choose to die with pride.&nbsp;","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a> for those who didnt sell at the high while in green, i know your&nbsp;reasons...&nbsp;That burst of&nbsp;anger from 3 years of loss opportunity and the unlimited potential from China.&nbsp; Ultimately is the on going explosive trading volume and the future is all about equity! Brokerage is biggest winner. We know your thesis. We all are in the market to win, but usually the winners got it from the losers. High risk, high reward. Nothing is easy.&nbsp; Trader short the market to win and they have unlimited risk but good reward if done right. As fellow investors in the same market, we are neck to neck for the kill. Either you died with conviction without regret or you died in panic attack... I choose to die with pride.&nbsp;","text":"$Tiger Brokers(TIGR)$ for those who didnt sell at the high while in green, i know your reasons... That burst of anger from 3 years of loss opportunity and the unlimited potential from China. Ultimately is the on going explosive trading volume and the future is all about equity! Brokerage is biggest winner. We know your thesis. We all are in the market to win, but usually the winners got it from the losers. High risk, high reward. Nothing is easy. Trader short the market to win and they have unlimited risk but good reward if done right. As fellow investors in the same market, we are neck to neck for the kill. Either you died with conviction without regret or you died in panic attack... I choose to die with pride.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360324743565560","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360528326435024,"gmtCreate":1729038810122,"gmtModify":1729038812111,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360528326435024","repostId":"359734631456936","repostType":1,"repost":{"id":359734631456936,"gmtCreate":1728866372206,"gmtModify":1728896401963,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"themes":[],"htmlText":"🌟🌟🌟As a loving parent, it is good to set aside some savings for my children.&nbsp; However I want to impart the value of savings to my children too. So even though I may set aside say 50,000 dollars for each of my child, I would tell them that&nbsp; for university education, it would be a loan that they have to pay back when they are working.&nbsp; That way they would be more focused on their studies and not squander the time and money spent on their higher education. <a href=\"https://ttm.financial/U/4106547232749330\"> @Tiger_SG </a><a href=\"https://ttm.financial/U/9000000000000149\"> @TigerStars </a><a href=\"https://ttm.financial/U/3501196737273098\"> @Tiger_comments</a>","listText":"🌟🌟🌟As a loving parent, it is good to set aside some savings for my children.&nbsp; However I want to impart the value of savings to my children too. So even though I may set aside say 50,000 dollars for each of my child, I would tell them that&nbsp; for university education, it would be a loan that they have to pay back when they are working.&nbsp; That way they would be more focused on their studies and not squander the time and money spent on their higher education. <a href=\"https://ttm.financial/U/4106547232749330\"> @Tiger_SG </a><a href=\"https://ttm.financial/U/9000000000000149\"> @TigerStars </a><a href=\"https://ttm.financial/U/3501196737273098\"> @Tiger_comments</a>","text":"🌟🌟🌟As a loving parent, it is good to set aside some savings for my children. However I want to impart the value of savings to my children too. So even though I may set aside say 50,000 dollars for each of my child, I would tell them that for university education, it would be a loan that they have to pay back when they are working. That way they would be more focused on their studies and not squander the time and money spent on their higher education. @Tiger_SG @TigerStars @Tiger_comments","images":[{"img":"https://community-static.tradeup.com/news/92fa55f3b9c5ef1e68a8044ef98dfaa4"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359734631456936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360528543031416,"gmtCreate":1729038781242,"gmtModify":1729038785123,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360528543031416","repostId":"359734631456936","repostType":1,"repost":{"id":359734631456936,"gmtCreate":1728866372206,"gmtModify":1728896401963,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"themes":[],"htmlText":"🌟🌟🌟As a loving parent, it is good to set aside some savings for my children.&nbsp; However I want to impart the value of savings to my children too. So even though I may set aside say 50,000 dollars for each of my child, I would tell them that&nbsp; for university education, it would be a loan that they have to pay back when they are working.&nbsp; That way they would be more focused on their studies and not squander the time and money spent on their higher education. <a href=\"https://ttm.financial/U/4106547232749330\"> @Tiger_SG </a><a href=\"https://ttm.financial/U/9000000000000149\"> @TigerStars </a><a href=\"https://ttm.financial/U/3501196737273098\"> @Tiger_comments</a>","listText":"🌟🌟🌟As a loving parent, it is good to set aside some savings for my children.&nbsp; However I want to impart the value of savings to my children too. So even though I may set aside say 50,000 dollars for each of my child, I would tell them that&nbsp; for university education, it would be a loan that they have to pay back when they are working.&nbsp; That way they would be more focused on their studies and not squander the time and money spent on their higher education. <a href=\"https://ttm.financial/U/4106547232749330\"> @Tiger_SG </a><a href=\"https://ttm.financial/U/9000000000000149\"> @TigerStars </a><a href=\"https://ttm.financial/U/3501196737273098\"> @Tiger_comments</a>","text":"🌟🌟🌟As a loving parent, it is good to set aside some savings for my children. However I want to impart the value of savings to my children too. So even though I may set aside say 50,000 dollars for each of my child, I would tell them that for university education, it would be a loan that they have to pay back when they are working. That way they would be more focused on their studies and not squander the time and money spent on their higher education. @Tiger_SG @TigerStars @Tiger_comments","images":[{"img":"https://community-static.tradeup.com/news/92fa55f3b9c5ef1e68a8044ef98dfaa4"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359734631456936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359941783806208,"gmtCreate":1728884315353,"gmtModify":1728884317304,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359941783806208","repostId":"358977067729104","repostType":1,"repost":{"id":358977067729104,"gmtCreate":1728648790727,"gmtModify":1728684602063,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"themes":[],"htmlText":"🌟🌟🌟I would continue to do what I love doing best - and that is to live life to the fullest, savour every experience from learning to invest, making progress in achieving my goal of FIRE - Financial Independence Retire Early and seeing the world! Just simply enjoying every moment of my life! <a href=\"https://ttm.financial/U/3527667667103859\"> @TigerEvents </a>","listText":"🌟🌟🌟I would continue to do what I love doing best - and that is to live life to the fullest, savour every experience from learning to invest, making progress in achieving my goal of FIRE - Financial Independence Retire Early and seeing the world! Just simply enjoying every moment of my life! <a href=\"https://ttm.financial/U/3527667667103859\"> @TigerEvents </a>","text":"🌟🌟🌟I would continue to do what I love doing best - and that is to live life to the fullest, savour every experience from learning to invest, making progress in achieving my goal of FIRE - Financial Independence Retire Early and seeing the world! Just simply enjoying every moment of my life! @TigerEvents","images":[{"img":"https://community-static.tradeup.com/news/7334c897b982456c0426dde434c66618"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358977067729104","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359941735977072,"gmtCreate":1728884304577,"gmtModify":1728884306495,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359941735977072","repostId":"359741324177504","repostType":1,"repost":{"id":359741324177504,"gmtCreate":1728868005352,"gmtModify":1728868009916,"author":{"id":"3583571359572641","authorId":"3583571359572641","name":"KienBoon","avatar":"https://community-static.tradeup.com/news/e7090d1e1d330d9f46f450df88abac91","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583571359572641","authorIdStr":"3583571359572641"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BS6.SI\">$YZJ Shipbldg SGD(BS6.SI)$&nbsp;</a>&nbsp; Another lousy news again. Why the mkt is so reactive and panicky&nbsp;these days?&nbsp; Will lose once sell away the shares of a strong company which you owned.&nbsp; Thought the co mentioned no material impact on it in comparison to its revenue etc. ?&nbsp;","listText":"<a href=\"https://ttm.financial/S/BS6.SI\">$YZJ Shipbldg SGD(BS6.SI)$&nbsp;</a>&nbsp; Another lousy news again. Why the mkt is so reactive and panicky&nbsp;these days?&nbsp; Will lose once sell away the shares of a strong company which you owned.&nbsp; Thought the co mentioned no material impact on it in comparison to its revenue etc. ?&nbsp;","text":"$YZJ Shipbldg SGD(BS6.SI)$ Another lousy news again. Why the mkt is so reactive and panicky these days? Will lose once sell away the shares of a strong company which you owned. Thought the co mentioned no material impact on it in comparison to its revenue etc. ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359741324177504","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359941283774648,"gmtCreate":1728884293226,"gmtModify":1728884295630,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359941283774648","repostId":"359476888813736","repostType":1,"repost":{"id":359476888813736,"gmtCreate":1728803446756,"gmtModify":1728870326537,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"themes":[],"title":"Is It Time To Buy Chinese Stocks? ","htmlText":"🌟🌟🌟On September 25 2024, the Chinese authorities announced a swathe of stimulus measures that caused a wave of renewed optimism in Chinese stocks and ETFs, resulting in a massive rally.&nbsp; However since then the optimism has gone down. On Saturday, the Chinese Finance Minister Lan Fo An reiterated China's broad plans to revive the economy with promises made on significant increases to government debt and support for the consumers and the property sector. While the impact of the proposed plan to lift the China&nbsp;economy may not be felt in the immediate future, I believe that this is great starting point for investors to jump back into the Chinese&nbsp;stock market. The PBOC's RMB 500 billion swap facility to channel more cash into the stock market is reassuring too.&nbsp; Chinese stoc","listText":"🌟🌟🌟On September 25 2024, the Chinese authorities announced a swathe of stimulus measures that caused a wave of renewed optimism in Chinese stocks and ETFs, resulting in a massive rally.&nbsp; However since then the optimism has gone down. On Saturday, the Chinese Finance Minister Lan Fo An reiterated China's broad plans to revive the economy with promises made on significant increases to government debt and support for the consumers and the property sector. While the impact of the proposed plan to lift the China&nbsp;economy may not be felt in the immediate future, I believe that this is great starting point for investors to jump back into the Chinese&nbsp;stock market. The PBOC's RMB 500 billion swap facility to channel more cash into the stock market is reassuring too.&nbsp; Chinese stoc","text":"🌟🌟🌟On September 25 2024, the Chinese authorities announced a swathe of stimulus measures that caused a wave of renewed optimism in Chinese stocks and ETFs, resulting in a massive rally. However since then the optimism has gone down. On Saturday, the Chinese Finance Minister Lan Fo An reiterated China's broad plans to revive the economy with promises made on significant increases to government debt and support for the consumers and the property sector. While the impact of the proposed plan to lift the China economy may not be felt in the immediate future, I believe that this is great starting point for investors to jump back into the Chinese stock market. The PBOC's RMB 500 billion swap facility to channel more cash into the stock market is reassuring too. Chinese stoc","images":[{"img":"https://community-static.tradeup.com/news/b280be45ef9f832de8fc01fdeaff3d3a","width":"1080","height":"2340"},{"img":"https://community-static.tradeup.com/news/145b9812cd9d9586fe348dfc7c35284e","width":"1080","height":"2340"},{"img":"https://community-static.tradeup.com/news/1ca91d800f6efede5ddaadcaff407ca0","width":"1080","height":"2340"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359476888813736","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992176487,"gmtCreate":1661296038350,"gmtModify":1676536489423,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992176487","repostId":"1126600044","repostType":4,"repost":{"id":"1126600044","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1661255627,"share":"https://ttm.financial/m/news/1126600044?lang=&edition=fundamental","pubTime":"2022-08-23 19:53","market":"us","language":"en","title":"Pre-Bell｜U.S. Futures Edge up; Zoom Shares Tumble 11%","url":"https://stock-news.laohu8.com/highlight/detail?id=1126600044","media":"Tiger Newspress","summary":"U.S. stock index futures ticked higher on Tuesday after a steep selloff on Wall Street in the previo","content":"<html><head></head><body><p>U.S. stock index futures ticked higher on Tuesday after a steep selloff on Wall Street in the previous session on concerns about aggressive signals from the Federal Reserve on interest rate increases, with manufacturing and services data on tap.</p><p>The S&amp;P flash composite Purchasing Managers&#39; Index (PMI) due at 9:45 a.m. ET, which would provide clues on the strength of the U.S. economy, will follow weak readings from Europe earlier in the day that compounded expectations of a recession in the region and pressured global markets.</p><p><b>Market Snapshot</b></p><p>At 07:50 a.m. ET, Dow e-minis were up 24 points, or 0.07%, S&amp;P 500 e-minis were up 4.25 points, or 0.10%, and Nasdaq 100 e-minis were up 21.25 points, or 0.16%.</p><p><img src=\"https://static.tigerbbs.com/d5f9f60d2d62deda5bc07250387d1d10\" tg-width=\"416\" tg-height=\"188\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b>Zoom Video Communications (ZM)</b> – Zoom tumbled 11.2% in the premarket after the videoconferencing company cut its full-year forecast. Zoom reported better-than-expected earnings for its latest quarter, but revenue fell short of forecasts. Zoom’s CFO said the company is having some difficulty attracting new, paying subscribers, although he added that enterprise sales are strong.</p><p><b>Palo Alto Networks (PANW)</b> – Palo Alto rallied 9.6% in premarket trading after the cybersecurity company reported better-than-expected quarterly results and issued an upbeat forecast. Palo Alto also announced its board of directors had approved a 3-for-1 stock split.</p><p><b>Macy’s (M)</b> – The retailer’s shares added 2.6% in premarket trading after it beat sales and profit forecasts for its second quarter, and comparable store sales fell less than expected. Macy’s lowered full-year guidance, however, to incorporate risks from a slowing economy.</p><p><b>Dick’s Sporting Goods </b><b>(DKS)</b> – The sporting goods retailer beat top and bottom line estimates for the second quarter and raised its full-year forecast. Comparable store sales sank by 5.1% during the quarter, but that was smaller than the 6.9% decline expected by analysts. The stock gained 0.6% in the premarket.</p><p><b>Medtronic (MDT)</b> – Medtronic gained 1% in the premarket after reporting quarterly profit and revenue that exceeded analysts’ forecasts. Revenue fell from a year ago as the medical products maker was impacted by supply chain challenges.</p><p><b>JD.com (JD)</b> – The China-based e-commerce company reported better-than-expected quarterly results and saw a 9.2% increase in active customer accounts. JD.com jumped 3.4% in premarket action.</p><p><b>XPeng (XPEV) </b>– XPeng fell 4.8% in premarket action after the China-based electric vehicle maker reported a wider-than-expected quarterly loss, although revenue exceeded analysts’ forecasts as total deliveries nearly doubled from a year earlier.</p><p><b>Pinduoduo (PDD)</b> – Pinduoduo plans to launch an international e-commerce platform next month, according to a source with direct knowledge of the matter who spoke to Reuters. Pinduoduo rose 2.8% in premarket trading.</p><p><b>Warner Bros. Discovery (WBD) </b>– Nearly 10 million viewers watched the “Game of Thrones” prequel “House of the Dragon” on the company’s HBO Max service, a record for an HBO series debut. Warner Bros. Discovery gained 1.5% in the premarket.</p><p><b>J.M. Smucker (SJM)</b> – The food producer’s stock added 1.8% in premarket trading after it reported better-than-expected quarterly profit and raised its full-year outlook.</p><p><b>Market News</b></p><p><b>Musk Seeks Documents From Jack Dorsey in Fight Over Twitter Deal</b></p><p>Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing.</p><p>Dorsey, who resigned as Twitter&#39;s chief executive in November and left the board in May, was asked for documents and communications about Musk&#39;s April agreement to buy the company and about spam accounts on the platform, according to a copy of the subpoena.</p><p><b>Apple’s New iPhone 14 to Show India Closing Tech Gap With China</b></p><p>Apple Inc. plans to begin manufacturing the iPhone 14 in India about two months after the product’s initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated.</p><p>The company has been working with suppliers to ramp up manufacturing in India and shorten the lag in production of the new iPhone from the typical six to nine months for previous launches, according to people familiar with the matter.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜U.S. Futures Edge up; Zoom Shares Tumble 11%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Futures Edge up; Zoom Shares Tumble 11%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-23 19:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures ticked higher on Tuesday after a steep selloff on Wall Street in the previous session on concerns about aggressive signals from the Federal Reserve on interest rate increases, with manufacturing and services data on tap.</p><p>The S&amp;P flash composite Purchasing Managers&#39; Index (PMI) due at 9:45 a.m. ET, which would provide clues on the strength of the U.S. economy, will follow weak readings from Europe earlier in the day that compounded expectations of a recession in the region and pressured global markets.</p><p><b>Market Snapshot</b></p><p>At 07:50 a.m. ET, Dow e-minis were up 24 points, or 0.07%, S&amp;P 500 e-minis were up 4.25 points, or 0.10%, and Nasdaq 100 e-minis were up 21.25 points, or 0.16%.</p><p><img src=\"https://static.tigerbbs.com/d5f9f60d2d62deda5bc07250387d1d10\" tg-width=\"416\" tg-height=\"188\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b>Zoom Video Communications (ZM)</b> – Zoom tumbled 11.2% in the premarket after the videoconferencing company cut its full-year forecast. Zoom reported better-than-expected earnings for its latest quarter, but revenue fell short of forecasts. Zoom’s CFO said the company is having some difficulty attracting new, paying subscribers, although he added that enterprise sales are strong.</p><p><b>Palo Alto Networks (PANW)</b> – Palo Alto rallied 9.6% in premarket trading after the cybersecurity company reported better-than-expected quarterly results and issued an upbeat forecast. Palo Alto also announced its board of directors had approved a 3-for-1 stock split.</p><p><b>Macy’s (M)</b> – The retailer’s shares added 2.6% in premarket trading after it beat sales and profit forecasts for its second quarter, and comparable store sales fell less than expected. Macy’s lowered full-year guidance, however, to incorporate risks from a slowing economy.</p><p><b>Dick’s Sporting Goods </b><b>(DKS)</b> – The sporting goods retailer beat top and bottom line estimates for the second quarter and raised its full-year forecast. Comparable store sales sank by 5.1% during the quarter, but that was smaller than the 6.9% decline expected by analysts. The stock gained 0.6% in the premarket.</p><p><b>Medtronic (MDT)</b> – Medtronic gained 1% in the premarket after reporting quarterly profit and revenue that exceeded analysts’ forecasts. Revenue fell from a year ago as the medical products maker was impacted by supply chain challenges.</p><p><b>JD.com (JD)</b> – The China-based e-commerce company reported better-than-expected quarterly results and saw a 9.2% increase in active customer accounts. JD.com jumped 3.4% in premarket action.</p><p><b>XPeng (XPEV) </b>– XPeng fell 4.8% in premarket action after the China-based electric vehicle maker reported a wider-than-expected quarterly loss, although revenue exceeded analysts’ forecasts as total deliveries nearly doubled from a year earlier.</p><p><b>Pinduoduo (PDD)</b> – Pinduoduo plans to launch an international e-commerce platform next month, according to a source with direct knowledge of the matter who spoke to Reuters. Pinduoduo rose 2.8% in premarket trading.</p><p><b>Warner Bros. Discovery (WBD) </b>– Nearly 10 million viewers watched the “Game of Thrones” prequel “House of the Dragon” on the company’s HBO Max service, a record for an HBO series debut. Warner Bros. Discovery gained 1.5% in the premarket.</p><p><b>J.M. Smucker (SJM)</b> – The food producer’s stock added 1.8% in premarket trading after it reported better-than-expected quarterly profit and raised its full-year outlook.</p><p><b>Market News</b></p><p><b>Musk Seeks Documents From Jack Dorsey in Fight Over Twitter Deal</b></p><p>Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing.</p><p>Dorsey, who resigned as Twitter&#39;s chief executive in November and left the board in May, was asked for documents and communications about Musk&#39;s April agreement to buy the company and about spam accounts on the platform, according to a copy of the subpoena.</p><p><b>Apple’s New iPhone 14 to Show India Closing Tech Gap With China</b></p><p>Apple Inc. plans to begin manufacturing the iPhone 14 in India about two months after the product’s initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated.</p><p>The company has been working with suppliers to ramp up manufacturing in India and shorten the lag in production of the new iPhone from the typical six to nine months for previous launches, according to people familiar with the matter.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WBD":"Warner Bros. Discovery","MDT":"美敦力",".DJI":"道琼斯","ZM":"Zoom",".SPX":"S&P 500 Index","SJM":"斯马克","DKS":"迪克体育用品","XPEV":"小鹏汽车","JD":"京东",".IXIC":"NASDAQ Composite","PANW":"Palo Alto Networks","M":"梅西百货","PDD":"拼多多"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126600044","content_text":"U.S. stock index futures ticked higher on Tuesday after a steep selloff on Wall Street in the previous session on concerns about aggressive signals from the Federal Reserve on interest rate increases, with manufacturing and services data on tap.The S&P flash composite Purchasing Managers' Index (PMI) due at 9:45 a.m. ET, which would provide clues on the strength of the U.S. economy, will follow weak readings from Europe earlier in the day that compounded expectations of a recession in the region and pressured global markets.Market SnapshotAt 07:50 a.m. ET, Dow e-minis were up 24 points, or 0.07%, S&P 500 e-minis were up 4.25 points, or 0.10%, and Nasdaq 100 e-minis were up 21.25 points, or 0.16%.Pre-Market MoversZoom Video Communications (ZM) – Zoom tumbled 11.2% in the premarket after the videoconferencing company cut its full-year forecast. Zoom reported better-than-expected earnings for its latest quarter, but revenue fell short of forecasts. Zoom’s CFO said the company is having some difficulty attracting new, paying subscribers, although he added that enterprise sales are strong.Palo Alto Networks (PANW) – Palo Alto rallied 9.6% in premarket trading after the cybersecurity company reported better-than-expected quarterly results and issued an upbeat forecast. Palo Alto also announced its board of directors had approved a 3-for-1 stock split.Macy’s (M) – The retailer’s shares added 2.6% in premarket trading after it beat sales and profit forecasts for its second quarter, and comparable store sales fell less than expected. Macy’s lowered full-year guidance, however, to incorporate risks from a slowing economy.Dick’s Sporting Goods (DKS) – The sporting goods retailer beat top and bottom line estimates for the second quarter and raised its full-year forecast. Comparable store sales sank by 5.1% during the quarter, but that was smaller than the 6.9% decline expected by analysts. The stock gained 0.6% in the premarket.Medtronic (MDT) – Medtronic gained 1% in the premarket after reporting quarterly profit and revenue that exceeded analysts’ forecasts. Revenue fell from a year ago as the medical products maker was impacted by supply chain challenges.JD.com (JD) – The China-based e-commerce company reported better-than-expected quarterly results and saw a 9.2% increase in active customer accounts. JD.com jumped 3.4% in premarket action.XPeng (XPEV) – XPeng fell 4.8% in premarket action after the China-based electric vehicle maker reported a wider-than-expected quarterly loss, although revenue exceeded analysts’ forecasts as total deliveries nearly doubled from a year earlier.Pinduoduo (PDD) – Pinduoduo plans to launch an international e-commerce platform next month, according to a source with direct knowledge of the matter who spoke to Reuters. Pinduoduo rose 2.8% in premarket trading.Warner Bros. Discovery (WBD) – Nearly 10 million viewers watched the “Game of Thrones” prequel “House of the Dragon” on the company’s HBO Max service, a record for an HBO series debut. Warner Bros. Discovery gained 1.5% in the premarket.J.M. Smucker (SJM) – The food producer’s stock added 1.8% in premarket trading after it reported better-than-expected quarterly profit and raised its full-year outlook.Market NewsMusk Seeks Documents From Jack Dorsey in Fight Over Twitter DealBillionaire entrepreneur Elon Musk is seeking documents from Twitter Inc co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing.Dorsey, who resigned as Twitter's chief executive in November and left the board in May, was asked for documents and communications about Musk's April agreement to buy the company and about spam accounts on the platform, according to a copy of the subpoena.Apple’s New iPhone 14 to Show India Closing Tech Gap With ChinaApple Inc. plans to begin manufacturing the iPhone 14 in India about two months after the product’s initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated.The company has been working with suppliers to ramp up manufacturing in India and shorten the lag in production of the new iPhone from the typical six to nine months for previous launches, according to people familiar with the matter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":617,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992173817,"gmtCreate":1661295857041,"gmtModify":1676536489338,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992173817","repostId":"2261455457","repostType":4,"repost":{"id":"2261455457","kind":"highlight","pubTimestamp":1661260727,"share":"https://ttm.financial/m/news/2261455457?lang=&edition=fundamental","pubTime":"2022-08-23 21:18","market":"us","language":"en","title":"Got $3,000? 3 Top Growth Stocks to Buy That Could Double Your Money","url":"https://stock-news.laohu8.com/highlight/detail?id=2261455457","media":"Motley Fool","summary":"CrowdStrike, AMD, and Meta are still high-quality growth plays.","content":"<html><head></head><body><p>Many growth stocks have fallen out of favor this year as rising interest rates and other macro headwinds have driven investors toward cheaper value plays. However, these pullbacks can represent great buying opportunities for investors who aren&#39;t rattled by a little near-term volatility.</p><p>If you&#39;ve got $3,000 to invest, you could buy a few shares of promising growth stocks <b>CrowdStrike</b>, <b>AMD</b>, and <b><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></b> and there&#39;s a chance they will double within a few years.</p><p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F696602%2Fcouple-cash-shower.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>1. CrowdStrike</h2><p>Many cybersecurity companies install on-site appliances to run their services. Those appliances take up a lot of space, require regular maintenance, and can be difficult to scale as an organization expands. To address those issues, a new generation of cybersecurity players challenged the industry leaders with subscription-based cloud services that don&#39;t require any on-site appliances. CrowdStrike, which went public three years ago, is one of these disruptive newcomers.</p><p>CrowdStrike&#39;s revenue rose 82% in fiscal 2021 -- which ended Jan. 31, 2021 --  and increased 66% to $1.45 billion in fiscal 2022. It anticipates another 51% to 52% revenue growth in the current fiscal year. It also turned profitable on an adjusted basis in fiscal 2021, and its adjusted net profit surged 157% to $161 million in fiscal 2022. It expects that figure to climb 76% to 83% in fiscal 2023.</p><p>CrowdStrike ended its latest quarter with 17,945 subscription customers, representing 57% growth from a year ago. Seventy-one percent of those customers had adopted four or more of its cloud-based modules, compared to 64% a year earlier. That increasing stickiness indicates its &#34;land and expand&#34; strategies are working.</p><p>CrowdStrike&#39;s stock isn&#39;t cheap at 21 times this year&#39;s sales, but it arguably deserves that premium valuation. It&#39;s already established an early-mover&#39;s advantage in its niche of cloud-native cybersecurity services, and it will likely profit from the secular expansion of the broader cybersecurity sector.</p><h2>2. AMD</h2><p>AMD was once considered a distant underdog to <b>Intel</b> in x86 CPUs and <b>Nvidia</b> in discrete GPUs. But under CEO Lisa Su, who took the helm in 2014, AMD gained significant market share against Intel in CPUs, kept pace with Nvidia with new GPUs, and blended together its CPUs and GPUs in custom APUs for <b>Sony</b>&#39;s PlayStation consoles and <b>Microsoft</b>&#39;s Xbox consoles.</p><p>Instead of stubbornly manufacturing its own chips like Intel, AMD spun off its capital-intensive foundries and outsourced the production of its top-tier chips to<b> TSMC</b>. TSMC&#39;s technological lead against Intel in the &#34;process race&#34; to manufacture smaller and denser chips subsequently enabled AMD to develop more advanced chips than Intel and sell them at lower prices.</p><p>Those catalysts enabled AMD to grow like a weed. In 2020, its revenue rose 45% as its adjusted earnings more than doubled. In 2021, its revenue surged 68% to $16.4 billion as its adjusted earnings more than doubled again. PC sales have been gradually cooling off in a post-lockdown world, but AMD still expects its revenue to grow about 60% this year as its data center and embedded chips offset that cyclical slowdown. Analysts expect its adjusted earnings to grow 57%, which is a jaw-dropping growth rate for a stock that trades at just 23 times forward earnings.</p><h2>3. Meta Platforms</h2><p>Facebook&#39;s recent transformation into Meta Platforms, which reflects the expansion of its ecosystem into the metaverse with VR devices and software, coincided with the slowdown of its core advertising business. That deceleration, which Meta blamed on <b>Apple</b>&#39;s privacy changes on iOS and competition from <b>ByteDance</b>&#39;s TikTok, spooked the bulls.</p><p>However, the bears often gloss over the fact that Meta&#39;s &#34;family&#34; of social media apps -- which includes Facebook, Messenger, Instagram, and WhatsApp -- still serves 3.65 billion people (nearly half the world&#39;s population) every month. They also probably won&#39;t point out that Meta still holds a near-duopoly in the digital advertising market -- with <b>Alphabet</b>&#39;s Google -- across many major markets.</p><p>But overlooking those strengths would be a mistake. Meta has been tweaking its advertising algorithms to deal with Apple&#39;s changes, and it&#39;s been investing heavily in new short video content to counter TikTok. Its nascent metaverse ecosystem, which reached about 300,000 monthly active users earlier this year, could also continue to expand as more mainstream consumers buy VR headsets.</p><p>Analysts expect Meta&#39;s revenue to remain nearly flat this year at $118 billion and for its earnings to decline 25%. But next year, they expect its revenue and earnings to grow 11% and 15%, respectively, as its advertising business stabilizes and it reins in its metaverse-related expenses. If Meta regains its balance, then its stock looks like a screaming bargain right now at 18 times forward earnings.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Got $3,000? 3 Top Growth Stocks to Buy That Could Double Your Money</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\">\nGot $3,000? 3 Top Growth Stocks to Buy That Could Double Your Money\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-23 21:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/21/got-3000-3-top-growth-stocks-to-buy-that-could-dou/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Many growth stocks have fallen out of favor this year as rising interest rates and other macro headwinds have driven investors toward cheaper value plays. However, these pullbacks can represent great ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/21/got-3000-3-top-growth-stocks-to-buy-that-could-dou/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc.","CRWD":"CrowdStrike Holdings, Inc.","AMD":"美国超微公司"},"source_url":"https://www.fool.com/investing/2022/08/21/got-3000-3-top-growth-stocks-to-buy-that-could-dou/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261455457","content_text":"Many growth stocks have fallen out of favor this year as rising interest rates and other macro headwinds have driven investors toward cheaper value plays. However, these pullbacks can represent great buying opportunities for investors who aren't rattled by a little near-term volatility.If you've got $3,000 to invest, you could buy a few shares of promising growth stocks CrowdStrike, AMD, and Meta Platforms and there's a chance they will double within a few years.Image source: Getty Images.1. CrowdStrikeMany cybersecurity companies install on-site appliances to run their services. Those appliances take up a lot of space, require regular maintenance, and can be difficult to scale as an organization expands. To address those issues, a new generation of cybersecurity players challenged the industry leaders with subscription-based cloud services that don't require any on-site appliances. CrowdStrike, which went public three years ago, is one of these disruptive newcomers.CrowdStrike's revenue rose 82% in fiscal 2021 -- which ended Jan. 31, 2021 --  and increased 66% to $1.45 billion in fiscal 2022. It anticipates another 51% to 52% revenue growth in the current fiscal year. It also turned profitable on an adjusted basis in fiscal 2021, and its adjusted net profit surged 157% to $161 million in fiscal 2022. It expects that figure to climb 76% to 83% in fiscal 2023.CrowdStrike ended its latest quarter with 17,945 subscription customers, representing 57% growth from a year ago. Seventy-one percent of those customers had adopted four or more of its cloud-based modules, compared to 64% a year earlier. That increasing stickiness indicates its \"land and expand\" strategies are working.CrowdStrike's stock isn't cheap at 21 times this year's sales, but it arguably deserves that premium valuation. It's already established an early-mover's advantage in its niche of cloud-native cybersecurity services, and it will likely profit from the secular expansion of the broader cybersecurity sector.2. AMDAMD was once considered a distant underdog to Intel in x86 CPUs and Nvidia in discrete GPUs. But under CEO Lisa Su, who took the helm in 2014, AMD gained significant market share against Intel in CPUs, kept pace with Nvidia with new GPUs, and blended together its CPUs and GPUs in custom APUs for Sony's PlayStation consoles and Microsoft's Xbox consoles.Instead of stubbornly manufacturing its own chips like Intel, AMD spun off its capital-intensive foundries and outsourced the production of its top-tier chips to TSMC. TSMC's technological lead against Intel in the \"process race\" to manufacture smaller and denser chips subsequently enabled AMD to develop more advanced chips than Intel and sell them at lower prices.Those catalysts enabled AMD to grow like a weed. In 2020, its revenue rose 45% as its adjusted earnings more than doubled. In 2021, its revenue surged 68% to $16.4 billion as its adjusted earnings more than doubled again. PC sales have been gradually cooling off in a post-lockdown world, but AMD still expects its revenue to grow about 60% this year as its data center and embedded chips offset that cyclical slowdown. Analysts expect its adjusted earnings to grow 57%, which is a jaw-dropping growth rate for a stock that trades at just 23 times forward earnings.3. Meta PlatformsFacebook's recent transformation into Meta Platforms, which reflects the expansion of its ecosystem into the metaverse with VR devices and software, coincided with the slowdown of its core advertising business. That deceleration, which Meta blamed on Apple's privacy changes on iOS and competition from ByteDance's TikTok, spooked the bulls.However, the bears often gloss over the fact that Meta's \"family\" of social media apps -- which includes Facebook, Messenger, Instagram, and WhatsApp -- still serves 3.65 billion people (nearly half the world's population) every month. They also probably won't point out that Meta still holds a near-duopoly in the digital advertising market -- with Alphabet's Google -- across many major markets.But overlooking those strengths would be a mistake. Meta has been tweaking its advertising algorithms to deal with Apple's changes, and it's been investing heavily in new short video content to counter TikTok. Its nascent metaverse ecosystem, which reached about 300,000 monthly active users earlier this year, could also continue to expand as more mainstream consumers buy VR headsets.Analysts expect Meta's revenue to remain nearly flat this year at $118 billion and for its earnings to decline 25%. But next year, they expect its revenue and earnings to grow 11% and 15%, respectively, as its advertising business stabilizes and it reins in its metaverse-related expenses. If Meta regains its balance, then its stock looks like a screaming bargain right now at 18 times forward earnings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996572643,"gmtCreate":1661208481884,"gmtModify":1676536471689,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996572643","repostId":"2261576225","repostType":4,"repost":{"id":"2261576225","kind":"highlight","pubTimestamp":1661182417,"share":"https://ttm.financial/m/news/2261576225?lang=&edition=fundamental","pubTime":"2022-08-22 23:33","market":"us","language":"en","title":"Never Buy the Dip if You See These Red Flags","url":"https://stock-news.laohu8.com/highlight/detail?id=2261576225","media":"Motley Fool","summary":"These two warning signs could be an indication you're trying to catch a falling knife.","content":"<html><head></head><body><p>After you&#39;ve been investing for a while, you begin to see the bright side of share-price declines, because they often present opportunities to buy great companies at discounted prices.</p><p>Not every beaten-down stock is a good investment, though. Sometimes, stocks fall for good reason, and buying them after a significant crash is actually a value trap instead of a bargain opportunity.</p><p>To avoid catching falling knives, you have to be able to distinguish the quality companies the market is overlooking from the struggling businesses that will likely continue to face challenges. To that end, I never invest in beaten-down companies if I see these two red flags:</p><ol><li>The company will likely need to raise more money to fund operations.</li><li>The business is facing secular headwinds.</li></ol><p>Let&#39;s unpack these two concepts by looking at an example: <b>Peloton Interactive</b>.</p><p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F695187%2Fman-riding-peloton-bike-and-smiling.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2><b>Avoid zombies like the plague</b></h2><p>A zombie company is a business that is on a path toward insolvency unless it manages to raise additional capital, either in the form of an additional equity offering (selling more stock) or by taking on new debt.</p><p>These companies are completely dependent on new capital injections to survive, and when interest rates start to rise and the market becomes more averse to risk, they&#39;re often forced to take on new debt at very unfavorable interest rates, exacerbating their balance-sheet woes.</p><p>Peloton has certainly struggled in the last year with demand dropping off a cliff and operating expenses rising.</p><p>This led Dave Trainer, the CEO of the research firm New Constructs, to say the following in a recent publication: &#34;Peloton&#39;s issues are well telegraphed -- given the stock&#39;s decline over the past year -- but investors may not realize that the company only has a few months&#39; worth of cash remaining to fund its operations, which puts the stock in danger of falling to $0 per share.&#34;</p><p>Trainer&#39;s harsh comments are substantiated when you look at the company&#39;s shrinking cash position:</p><table><thead><tr><th><p>Metric</p></th><th><p><b>June 30, 2020</b></p></th><th><p><b>June 30, 2021</b></p></th><th><p><b>March 21, 2022</b></p></th></tr></thead><tbody><tr><td><p>Cash*</p></td><td><p>$1.75 billion</p></td><td><p>$1.60 billion</p></td><td><p>$879 million</p></td></tr></tbody></table><p>Data source: Peloton earnings reports. *Includes cash equivalents and short-term investments.</p><p>The interactive fitness specialist is also burning cash at an accelerated rate, going from free-cash-flow positive in 2020 to reporting negative free cash flow for five straight quarters. And the fiscal third quarter saw the biggest outflow yet of $746.7 million.</p><p>While Peloton&#39;s newly appointed CEO, Barry McCarthy, is hoping to pull off the comeback of the decade, Peloton is a company that may soon be raising capital in an environment where doing so is no longer cheap.</p><h2><b>Pass on businesses operating in declining markets</b></h2><p>Another major red flag is when a company operates in an industry with major secular headwinds. Peloton had a tremendous first-mover advantage which it cashed in during the pandemic as the connected-fitness industry enjoyed a surge in popularity. But as things have started returning to normal, the at-home fitness sector has experienced a complete reversal with waning demand, which is visible in Peloton&#39;s rapidly slowing revenue growth.</p><table border=\"1\"><tbody><tr><th>Metric</th><th>Q3 2021</th><th>Q4 2021</th><th>Q1 2022</th><th>Q2 2022</th><th>Q3 2022</th></tr><tr><td>Revenue growth</td><td>141%</td><td>54%</td><td>6%</td><td>6%</td><td>(15%)</td></tr></tbody></table><p>Data source: Peloton earnings reports.</p><p>And Peloton is not alone. Rival fitness brand <b>Nautilus</b> recently announced a 70% decline in sales in the most recent quarter, while the parent company of NordicTrack scrapped its plans to go public this year among various rounds of layoffs.</p><p>The at-home fitness equipment industry may eventually live up to the hype, but for the foreseeable future, it faces an uphill battle as fitness enthusiasts elect to return to gyms and outdoor activities.</p><h2><b>Buy the dip, but do it intelligently </b></h2><p>I&#39;m a huge proponent of buying beaten-down stocks as long as they&#39;re high-quality companies. And to determine that, you need to be on the lookout for red flags.</p><p>As you can see with Peloton, the potential need to raise capital to fund operations (especially when interest rates are rising) and major industry headwinds are two indications the stock could be a falling knife instead of a diamond in the rough.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Never Buy the Dip if You See These Red Flags</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\">\nNever Buy the Dip if You See These Red Flags\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-22 23:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/21/never-buy-the-dip-if-you-see-these-red-flags/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After you've been investing for a while, you begin to see the bright side of share-price declines, because they often present opportunities to buy great companies at discounted prices.Not every beaten...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/21/never-buy-the-dip-if-you-see-these-red-flags/\">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","PTON":"Peloton Interactive, Inc.",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.fool.com/investing/2022/08/21/never-buy-the-dip-if-you-see-these-red-flags/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261576225","content_text":"After you've been investing for a while, you begin to see the bright side of share-price declines, because they often present opportunities to buy great companies at discounted prices.Not every beaten-down stock is a good investment, though. Sometimes, stocks fall for good reason, and buying them after a significant crash is actually a value trap instead of a bargain opportunity.To avoid catching falling knives, you have to be able to distinguish the quality companies the market is overlooking from the struggling businesses that will likely continue to face challenges. To that end, I never invest in beaten-down companies if I see these two red flags:The company will likely need to raise more money to fund operations.The business is facing secular headwinds.Let's unpack these two concepts by looking at an example: Peloton Interactive.Image source: Getty Images.Avoid zombies like the plagueA zombie company is a business that is on a path toward insolvency unless it manages to raise additional capital, either in the form of an additional equity offering (selling more stock) or by taking on new debt.These companies are completely dependent on new capital injections to survive, and when interest rates start to rise and the market becomes more averse to risk, they're often forced to take on new debt at very unfavorable interest rates, exacerbating their balance-sheet woes.Peloton has certainly struggled in the last year with demand dropping off a cliff and operating expenses rising.This led Dave Trainer, the CEO of the research firm New Constructs, to say the following in a recent publication: \"Peloton's issues are well telegraphed -- given the stock's decline over the past year -- but investors may not realize that the company only has a few months' worth of cash remaining to fund its operations, which puts the stock in danger of falling to $0 per share.\"Trainer's harsh comments are substantiated when you look at the company's shrinking cash position:MetricJune 30, 2020June 30, 2021March 21, 2022Cash*$1.75 billion$1.60 billion$879 millionData source: Peloton earnings reports. *Includes cash equivalents and short-term investments.The interactive fitness specialist is also burning cash at an accelerated rate, going from free-cash-flow positive in 2020 to reporting negative free cash flow for five straight quarters. And the fiscal third quarter saw the biggest outflow yet of $746.7 million.While Peloton's newly appointed CEO, Barry McCarthy, is hoping to pull off the comeback of the decade, Peloton is a company that may soon be raising capital in an environment where doing so is no longer cheap.Pass on businesses operating in declining marketsAnother major red flag is when a company operates in an industry with major secular headwinds. Peloton had a tremendous first-mover advantage which it cashed in during the pandemic as the connected-fitness industry enjoyed a surge in popularity. But as things have started returning to normal, the at-home fitness sector has experienced a complete reversal with waning demand, which is visible in Peloton's rapidly slowing revenue growth.MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022Revenue growth141%54%6%6%(15%)Data source: Peloton earnings reports.And Peloton is not alone. Rival fitness brand Nautilus recently announced a 70% decline in sales in the most recent quarter, while the parent company of NordicTrack scrapped its plans to go public this year among various rounds of layoffs.The at-home fitness equipment industry may eventually live up to the hype, but for the foreseeable future, it faces an uphill battle as fitness enthusiasts elect to return to gyms and outdoor activities.Buy the dip, but do it intelligently I'm a huge proponent of buying beaten-down stocks as long as they're high-quality companies. And to determine that, you need to be on the lookout for red flags.As you can see with Peloton, the potential need to raise capital to fund operations (especially when interest rates are rising) and major industry headwinds are two indications the stock could be a falling knife instead of a diamond in the rough.","news_type":1},"isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998553798,"gmtCreate":1661042094817,"gmtModify":1676536441813,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998553798","repostId":"2260126340","repostType":4,"isVote":1,"tweetType":1,"viewCount":379,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998114322,"gmtCreate":1660955992868,"gmtModify":1676536428970,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"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/9998114322","repostId":"2260373492","repostType":4,"repost":{"id":"2260373492","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":1660953025,"share":"https://ttm.financial/m/news/2260373492?lang=&edition=fundamental","pubTime":"2022-08-20 07:50","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Down As Yields Rise; Indexes Post Weekly Losses","url":"https://stock-news.laohu8.com/highlight/detail?id=2260373492","media":"Reuters","summary":"* Investors await Jackson Hole conference next week* 10-year U.S. Treasury yield nears 3%* Indexes: ","content":"<html><head></head><body><p>* Investors await Jackson Hole conference next week</p><p>* 10-year U.S. Treasury yield nears 3%</p><p>* Indexes: Dow down 0.9%, S&amp;P 500 down 1.3%, Nasdaq down 2%</p><p>NEW YORK, Aug 19 (Reuters) - U.S. stocks fell on Friday in a broad selloff led by megacaps as U.S. bond yields rose, with the S&amp;P 500 posting losses for the week after four straight weeks of gains.</p><p>Amazon.com, Apple and Microsoft all fell and were the biggest drags on the S&amp;P 500 and Nasdaq. Higher rates tend to be a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.</p><p>U.S. Treasury yields rose, with the benchmark 10-year note nearly hitting 3%, after Germany reported record-high increases in monthly producer prices.</p><p>Investors have been weighing how aggressive the Federal Reserve may need to be as it raises interest rates to battle inflation.</p><p>Richmond Federal Reserve President Thomas Barkin said on Friday that U.S. central bank officials have &#34;a lot of time still&#34; before they need to decide how large an interest rate increase to approve at their Sept. 20-21 policy meeting.</p><p>&#34;The rise in rates around the globe and tough talk from central bankers are being used as an excuse to push stocks lower in very light volume on an August Friday session,&#34; said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>The Dow Jones Industrial Average fell 292.3 points, or 0.86%, to 33,706.74, the S&amp;P 500 lost 55.26 points, or 1.29%, to 4,228.48 and the Nasdaq Composite dropped 260.13 points, or 2.01%, to 12,705.22.</p><p>All three major indexes registered losses for the week. The S&amp;P 500 fell about 1.2% and the Nasdaq slid 2.6% in their first weekly declines after four weeks of gains. The Dow lost about 0.2% for the week.</p><p>After notching its worst first half since 1970, the S&amp;P 500 has bounced some 16% from its mid-June low, fueled by stronger-than-expected corporate earnings and hopes the economy can avoid a recession even as the Fed hikes rates.</p><p>Friday&#39;s monthly options expiration should also make way for greater near-term stock market moves as options positions expire, said Brent Kochuba, founder of options-focused financial insights company SpotGamma.</p><p>The U.S. central bank needs to keep raising borrowing costs to tame decades-high inflation, a string of U.S. central bank officials said on Thursday, even as they debated how fast and how high to lift them.</p><p>The Fed has raised its benchmark overnight interest rate by 225 basis points since March to fight inflation at a four decade-high.</p><p>Focus next week may be on Fed Chair Jerome Powell&#39;s speech on the economic outlook at the annual global central bankers&#39; conference in Jackson Hole, Wyoming.</p><p>Meme stock Bed Bath &amp; Beyond Inc plunged 40.5% as billionaire investor Ryan Cohen exited the struggling home goods retailer by selling his stake.</p><p>The S&amp;P banking index fell 2.1% after recent gains.</p><p>Shares of Deere &amp; Co ended slightly higher, even after it lowered its full-year profit outlook and said it has sold out of large tractors as it grapples with parts shortages and high costs.</p><p>Volume on U.S. exchanges was last at 10.01 billion shares in one of the lowest volume days of the year.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 6.06-to-1 ratio; on Nasdaq, a 3.59-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 43 new highs and 93 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Down As Yields Rise; Indexes Post Weekly Losses</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Ends Down As Yields Rise; Indexes Post Weekly Losses\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-20 07:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Investors await Jackson Hole conference next week</p><p>* 10-year U.S. Treasury yield nears 3%</p><p>* Indexes: Dow down 0.9%, S&amp;P 500 down 1.3%, Nasdaq down 2%</p><p>NEW YORK, Aug 19 (Reuters) - U.S. stocks fell on Friday in a broad selloff led by megacaps as U.S. bond yields rose, with the S&amp;P 500 posting losses for the week after four straight weeks of gains.</p><p>Amazon.com, Apple and Microsoft all fell and were the biggest drags on the S&amp;P 500 and Nasdaq. Higher rates tend to be a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.</p><p>U.S. Treasury yields rose, with the benchmark 10-year note nearly hitting 3%, after Germany reported record-high increases in monthly producer prices.</p><p>Investors have been weighing how aggressive the Federal Reserve may need to be as it raises interest rates to battle inflation.</p><p>Richmond Federal Reserve President Thomas Barkin said on Friday that U.S. central bank officials have &#34;a lot of time still&#34; before they need to decide how large an interest rate increase to approve at their Sept. 20-21 policy meeting.</p><p>&#34;The rise in rates around the globe and tough talk from central bankers are being used as an excuse to push stocks lower in very light volume on an August Friday session,&#34; said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>The Dow Jones Industrial Average fell 292.3 points, or 0.86%, to 33,706.74, the S&amp;P 500 lost 55.26 points, or 1.29%, to 4,228.48 and the Nasdaq Composite dropped 260.13 points, or 2.01%, to 12,705.22.</p><p>All three major indexes registered losses for the week. The S&amp;P 500 fell about 1.2% and the Nasdaq slid 2.6% in their first weekly declines after four weeks of gains. The Dow lost about 0.2% for the week.</p><p>After notching its worst first half since 1970, the S&amp;P 500 has bounced some 16% from its mid-June low, fueled by stronger-than-expected corporate earnings and hopes the economy can avoid a recession even as the Fed hikes rates.</p><p>Friday&#39;s monthly options expiration should also make way for greater near-term stock market moves as options positions expire, said Brent Kochuba, founder of options-focused financial insights company SpotGamma.</p><p>The U.S. central bank needs to keep raising borrowing costs to tame decades-high inflation, a string of U.S. central bank officials said on Thursday, even as they debated how fast and how high to lift them.</p><p>The Fed has raised its benchmark overnight interest rate by 225 basis points since March to fight inflation at a four decade-high.</p><p>Focus next week may be on Fed Chair Jerome Powell&#39;s speech on the economic outlook at the annual global central bankers&#39; conference in Jackson Hole, Wyoming.</p><p>Meme stock Bed Bath &amp; Beyond Inc plunged 40.5% as billionaire investor Ryan Cohen exited the struggling home goods retailer by selling his stake.</p><p>The S&amp;P banking index fell 2.1% after recent gains.</p><p>Shares of Deere &amp; Co ended slightly higher, even after it lowered its full-year profit outlook and said it has sold out of large tractors as it grapples with parts shortages and high costs.</p><p>Volume on U.S. exchanges was last at 10.01 billion shares in one of the lowest volume days of the year.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 6.06-to-1 ratio; on Nasdaq, a 3.59-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 43 new highs and 93 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","SSO":"两倍做多标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","BK4581":"高盛持仓","SQQQ":"纳指三倍做空ETF","DE":"迪尔股份有限公司",".IXIC":"NASDAQ Composite","SPY":"标普500ETF","OEF":"标普100指数ETF-iShares","QQQ":"纳指100ETF","SDS":"两倍做空标普500ETF","BK4539":"次新股","MSFT":"微软","QID":"纳指两倍做空ETF","COMP":"Compass, Inc.","BBBY":"3B家居","TQQQ":"纳指三倍做多ETF","IVV":"标普500指数ETF","SH":"标普500反向ETF","BK4559":"巴菲特持仓","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF",".DJI":"道琼斯","BK4550":"红杉资本持仓","UPRO":"三倍做多标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260373492","content_text":"* Investors await Jackson Hole conference next week* 10-year U.S. Treasury yield nears 3%* Indexes: Dow down 0.9%, S&P 500 down 1.3%, Nasdaq down 2%NEW YORK, Aug 19 (Reuters) - U.S. stocks fell on Friday in a broad selloff led by megacaps as U.S. bond yields rose, with the S&P 500 posting losses for the week after four straight weeks of gains.Amazon.com, Apple and Microsoft all fell and were the biggest drags on the S&P 500 and Nasdaq. Higher rates tend to be a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.U.S. Treasury yields rose, with the benchmark 10-year note nearly hitting 3%, after Germany reported record-high increases in monthly producer prices.Investors have been weighing how aggressive the Federal Reserve may need to be as it raises interest rates to battle inflation.Richmond Federal Reserve President Thomas Barkin said on Friday that U.S. central bank officials have \"a lot of time still\" before they need to decide how large an interest rate increase to approve at their Sept. 20-21 policy meeting.\"The rise in rates around the globe and tough talk from central bankers are being used as an excuse to push stocks lower in very light volume on an August Friday session,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.The Dow Jones Industrial Average fell 292.3 points, or 0.86%, to 33,706.74, the S&P 500 lost 55.26 points, or 1.29%, to 4,228.48 and the Nasdaq Composite dropped 260.13 points, or 2.01%, to 12,705.22.All three major indexes registered losses for the week. The S&P 500 fell about 1.2% and the Nasdaq slid 2.6% in their first weekly declines after four weeks of gains. The Dow lost about 0.2% for the week.After notching its worst first half since 1970, the S&P 500 has bounced some 16% from its mid-June low, fueled by stronger-than-expected corporate earnings and hopes the economy can avoid a recession even as the Fed hikes rates.Friday's monthly options expiration should also make way for greater near-term stock market moves as options positions expire, said Brent Kochuba, founder of options-focused financial insights company SpotGamma.The U.S. central bank needs to keep raising borrowing costs to tame decades-high inflation, a string of U.S. central bank officials said on Thursday, even as they debated how fast and how high to lift them.The Fed has raised its benchmark overnight interest rate by 225 basis points since March to fight inflation at a four decade-high.Focus next week may be on Fed Chair Jerome Powell's speech on the economic outlook at the annual global central bankers' conference in Jackson Hole, Wyoming.Meme stock Bed Bath & Beyond Inc plunged 40.5% as billionaire investor Ryan Cohen exited the struggling home goods retailer by selling his stake.The S&P banking index fell 2.1% after recent gains.Shares of Deere & Co ended slightly higher, even after it lowered its full-year profit outlook and said it has sold out of large tractors as it grapples with parts shortages and high costs.Volume on U.S. exchanges was last at 10.01 billion shares in one of the lowest volume days of the year.Declining issues outnumbered advancing ones on the NYSE by a 6.06-to-1 ratio; on Nasdaq, a 3.59-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 43 new highs and 93 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991504060,"gmtCreate":1660862634452,"gmtModify":1676536410773,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991504060","repostId":"1154624575","repostType":4,"repost":{"id":"1154624575","kind":"news","pubTimestamp":1660875576,"share":"https://ttm.financial/m/news/1154624575?lang=&edition=fundamental","pubTime":"2022-08-19 10:19","market":"us","language":"en","title":"Inside Crypto’s Largest Collapse with Terra's Do Kwon","url":"https://stock-news.laohu8.com/highlight/detail?id=1154624575","media":"Coinage","summary":"Three months ago, Do Kwon was a multi-billionaire on paper. He had a million followers on Twitter. A","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/8924c127191fc1ede7d88ee41d029968\" tg-width=\"3840\" tg-height=\"2160\" referrerpolicy=\"no-referrer\"/></p><p>Three months ago, Do Kwon was a multi-billionaire on paper. He had a million followers on Twitter. And he commanded a sprawling crypto empire nearing $100 billion in value, which had seemed to explode from obscurity to ubiquity overnight.</p><p>If there were a Mt. Rushmore of crypto, Kwon’s face would have been half-chiseled into stone by May of this year. And one of those faces would have been an anonymous slab in a hoodie, so that’s saying something. His algorithmic stablecoin “UST,” created by his company Terraform Labs (TFL), had crypto’s most coveted investors lining up to give him their money.</p><p>The Terra ecosystem’s astronomical growth was unprecedented. If it survived the crucible of early adoption, it was poised to become the backbone of the entire decentralized economy — “crypto’s reserve currency,” as the pitch tended to go. UST would do this by performing one deceptively simple job: always be worth one dollar, and in doing so, give crypto a less volatile medium of exchange than standard bearers like bitcoin.</p><p>To keep UST’s price steady, Kwon designed a companion coin, LUNA, which he programmed to have a balancing effect on UST’s price. If demand for UST went up or down, then Kwon’s algorithm would adjust the supply of LUNA accordingly, until market forces drove UST back to $1. Zoom all the way out, and if UST maintained that dollar peg long enough, then Kwon would become the man at the center of the coin at the center of a multi-trillion dollar industry.</p><p>And he wasn’t shy about his breakneck success. He might have been a versatile engineer, but shame was not in his repertoire. Some of his tweets could make Elon Musk blush: He referred to his critics as “poors.” He mocked journalists and taunted regulators. And he danced on the graves of his competitors with palpable delight.</p><p>He made a show of walking the walk, too — his wardrobe of a half-dozen faded t-shirts made Zuck look like a fashionista, and his upright, 6’2” frame exuded the confidence of a fox in a henhouse. At the age of 30, he played the part of wunderkind visionary with more panache than a hype man at a Cupertino keynote.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c2d9d89ce74ca3fc4a1e6dba2e24add\" tg-width=\"3840\" tg-height=\"2160\" referrerpolicy=\"no-referrer\"/><span>Do Kwon, founder of Terraform Labs, sits down for an exclusive interview with Coinage at his company&#39;s office in Singapore.</span></p><p>From the outside, success at such a dizzying scale always has a way of feeling like it happens overnight. One day, you’ve never heard of the smirking Stanford grad from South Korea; the next, he’s everywhere — a force that must be reckoned with anywhere that crypto must be reckoned with. But behind the scenes, Kwon had been quietly laying the groundwork for his meteoric rise for nearly five years. From the comfort of his keyboard, he’d created a new blockchain, invented a new currency, and raised a small and fiercely loyal army of developers (you can’t launch a financial revolution without revolutionaries, of course). In crypto these days, that means shooting the shit under pseudonyms on Discord, parlaying with hackers on Telegram, and reeling in institutional investors one by one, until blue-chip billionaires start getting FOMO and maneuver to dive in headfirst.</p><p>Skeptics could always nitpick, but from afar, everything in Kwon’s playbook didn’t just look like it was going to plan — at every turn, he seemed to exceed expectations. He also made a habit of putting his money where his mouth was, and his family’s legacy too: when he and his wife welcomed their first child in April, they christened her Luna. “My dearest creation named after my greatest invention,” he<u>announced</u>on Twitter. To say he was all in was an understatement. He actively positioned himself to either go down as a genius or an egomaniac. Or just as likely, both.</p><p>But that was Kwon’s great appeal as a salesman: Bold, brash, and brilliant, a man who was untouchable in all the most entertaining ways. His legion of followers called themselves LUNAtics. Analysts called him the most important man in crypto. At least one of those billionaire backers went so far as to get a regrettable LUNA tattoo. His cockiness? All in good fun, and proven out by the numbers. His caginess? A great man need not suffer fools nor haters — in online discourse, there’s no such thing as too clever by half.</p><p>So it was little surprise his investors hailed from all over the world, united by the Big Idea at the heart of Terra’s triumph: “A decentralized economy needs decentralized money.” Or put another way, for those who haven’t been crypto-pilled: For crypto to work, UST-LUNA has to work. And it will only work if enough of us trust that it will.</p><p>But then one day, it didn’t.</p><p>With breathtaking speed, Terra’s fairytale rise would prove too good to be true — and would only be outdone by the nightmarish theatrics of its fall. Over one week in May, the market’s trust in Do Kwon went to zero, and UST cratered with it as LUNA crashed back to Earth. By month’s end, over $45 billion had evaporated from Terra’s ecosystem, and<u>more than $80 billion</u>from all crypto markets in the fallout. Just like that, Kwon’s empire had crumbled to dust.</p><p>In the hazy aftermath, investors who watched their life savings disappear have been left with more questions than answers. Lives have been ruined, fortunes lost, and there have been reports of suicides. Meanwhile, Kwon and his company are now the subjects of multiple class-action lawsuits, and some in the press have dubbed him “crypto’s Elizabeth Holmes.” Last month, investigators in Korea raided the home of his co-founder Daniel Shin. And as authorities build a possible case against Terraform Labs in Kwon’s home country, his employees attached to the project have been put on Korea’s no-fly list.</p><p>But Kwon hasn’t been in Korea for months — he’s in Singapore, still trying to process exactly how everything went so bad, so fast. He meets me in a casual hot pot joint near his office, wearing shorts and knockoff Birkenstocks to survive the unyielding heat of a Singapore summer. Everywhere I look, something’s reaching a boiling point.</p><p>I’d been chasing this interview for three months now, since the week of Terra’s collapse. So had others, Kwon tells me. The New York Times, The Wall Street Journal, even a couple Netflix documentaries. When Kwon finally agreed to go on the record, I took the first flight out from New York I could get.</p><p>As a reporter, there is little more terrifying than the sense you may be too close to a story; this one requires more disclosures than any I’ve reported in my life. When Kwon was at the pinnacle of his powers last year, Terraform Labs became an investor in Coinage’s parent company. Meanwhile, I had previously bought UST and LUNA tokens, and held both all the way through the crash. Which is to say: I lost almost everything that week as well. On several occasions over those fateful few days, I’d even passed up the chance to hedge my bets, because, like hundreds of thousands of others, I believed in what Terra was building, and believed Kwon when he said it would work.</p><p>To be sure, I had only myself to blame for my investment choices — indeed, I knew Terra’s risks better than most. Or at least, I liked to think I did. It’s one thing to buy the dream, another to live the reality. And somewhere in the shuffle, I’d lost a small fortune literally buying what Kwon had been selling.</p><p>That’s why I don’t see it coming when Kwon throws back the last of his drink, as exhausted as I’ve ever seen him, and hits<i>me</i>with a question before he’ll start leaking answers: “What would you have done differently?”</p><p>Well, if we’re going there — where to begin?</p><h2><b>Day 1: 99 Cents</b></h2><p>The trade was perfectly timed. An anonymous actor, or<u>possibly two</u>, knew exactly how and when to strike against Kwon’s miracle machine. To many, its algorithm appeared invincible — it had just catapulted Terra from far-flung message boards to one of crypto’s top 10 projects by market cap, after all. But behind the curtain, if you knew where to look, there lurked a glaring flaw.</p><p>Unlike other stablecoins, which are designed to be backed by cold hard cash, UST was “algorithmic,” which meant that it had no such<i>real</i>backstop in the physical world. This approach was riskier, sure. But it also meant that if Terra was successful, crypto would finally have a reliable currency that was truly and completely independent of the old financial system.</p><p>So instead, UST kept its $1 peg through its algorithm, allowing users to freely trade between UST and LUNA. In effect, buying LUNA was a pure bet on the adoption of UST: The more people bought UST, the more LUNA the algorithm would burn to keep UST at $1. And that would in turn drive up the price of LUNA. In a market as complex as crypto’s, Kwon’s masterstroke was a tantalizingly simple investment thesis — if you thought UST’s use would continue to grow, then you bought LUNA. So, I bought LUNA.</p><p>As recently as 2021, LUNA was trading for as low as 63 cents. At its peak in April of this year, it was going for $119. The day before everything went to hell, it was still sitting comfortably near $80.</p><p>And just as designed, as LUNA soared, UST stayed stable. Until it didn’t.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4aeab6f3109ce798595f9f4ac111456\" tg-width=\"3840\" tg-height=\"2025\" referrerpolicy=\"no-referrer\"/><span>Do Kwon working from Terraform Labs&#39;s office in Singapore.</span></p><p>On the night of May 7, 2022, Terraform labs executed an unannounced transfer of funds between trading pools. Thirteen minutes later, the untraceable traders pounced on this brief window of vulnerability, selling off nearly $200 million worth of UST at the exact same time.</p><p>“I was in Singapore,” Kwon recounts from his noticeably sparse downtown office. “I woke up in the morning and the Curve pool was imbalanced because somebody had done a very large trade … Twitter was alight with speculation about UST. And my first reaction is, you know, this has happened before … I talked to a few people on Twitter, I got back to a few Telegram messages and, you know, didn&#39;t take too much action at that point.”</p><p>As more and more UST was swapped out for other currencies, the trading pool became unbalanced, which caused the value of UST to wobble from $1 to 99 cents. Which might not sound like a lot, on its face. But again, UST only had that one job:<i>always be worth one dollar</i>. No more, no less.</p><p>The wobble quickly caught the attention of traders. “The sentiment on Twitter started to get worse,” Kwon recalls, putting it lightly. “And then there started to be more people that were trading against the Curve pools.” In an attempt to allay fears, Kwon brusquely<u>took to Twitter</u>, where he goes by @stablekwon: “Anon, you could listen to [Crypto Twitter] influensooors about UST depegging for the 69th time. Or you could remember they’re all now poor, and go for a run instead.”</p><p>But behind the scenes, the situation was more complicated than he was letting on. His executive team was out of commission at the time of the attack — they were all up in the air, en route to Singapore for a quarterly summit at Terraform’s headquarters. Looking back, Kwon believes that this confluence of events feels like too much of a coincidence. The timing of the decisive fund transfer and the movements of his advisors were both inside information. In his view, there must have been a leak in his office.</p><p>“The only people that knew that were TFL employees,” Kwon admits when I press him on whether the timing seems more than mere happenstance. His manner of speech is littered with cliffhanger pauses, like he’s stress-testing tomorrow’s news in his head. “So if you&#39;re asking me whether there was a mole at Terraform Labs, that&#39;s probably &#39;yes&#39;.”</p><p>But as he takes care to repeatedly reiterate, this was not the first time that UST had wobbled — it had dipped to 99 cents a few times before, even once briefly dropping below 90 cents the year prior, before quickly regaining its dollar peg. To an “algo stable” veteran, this was just the system working as designed.</p><p>But this time was different because the stakes for Terra were different. And now that its peg was suddenly in question, long-simmering concerns about its viability erupted to the fore.</p><p>In the blood rush of a bull market, it could be easy to forget that UST’s success was always going to be an uphill battle: Every large algorithmic stablecoin that had ever been sold on the open market had eventually crashed to pennies on the dollar. Some were poorly designed, others ineffectively managed. But across the board, all had failed to achieve what lasting success would inevitably require — a real economy of users making purchases with the stablecoin, and the size and scale to justify having one.</p><p>Simply put, for Terra to stand the test of time, yes, UST had to be worth $1. But the real question was, if you had a dollar, why would you want to hold it in UST? To survive in the long run, Terra had to convince us that UST was the best currency on offer — that it was even a better bet than those greenbacks stuffed under our mattresses. So Kwon sought to make his stablecoin attractive not only to crypto insiders already deep in the burgeoning ecosystem of decentralized finance (more commonly known as DeFi), but also to everyday consumers who had no interest in toppling the global economy’s status quo, and just wanted money that was easy to spend.</p><p>On this count, Kwon and his co-founder Shin had an ace up their sleeve: they’d already founded Chai, a digital payments startup that was doing big business in Korea. Chai let people use UST to make purchases without even realizing they were trafficking in crypto — seamless, convenient, and straightforward, not unlike PayPal in the States. The idea that a cryptocurrency was being used in the real world to buy everyday goods was a breakthrough selling point for Terra — it’s what first caught my eye about the project, and what made it stand out from countless rivals. When push comes to shove, the most powerful currencies in crypto have always been legitimacy and trust. And as Chai took off in Korea, Terra had an undeniable competitive advantage.</p><p>But even so, in 2019, growth across the industry slowed to a crawl, and Kwon struggled to hook deep-pocketed investors. &#34;We tried to do another fundraise for Terra in the middle of 2019,” he tells me, arms crossed as he looks out over the Singapore skyline — a grayscale view, perpetually under construction. “And the market was really bad. We actually managed to raise $0.” It was around this time that Kwon bought out Shin’s ownership stake in Terra, leaving Shin free to work on developing Chai on his own.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a1e39ae9b4a01a9803de05a3d20df942\" tg-width=\"3840\" tg-height=\"2160\" referrerpolicy=\"no-referrer\"/><span>&#34;In retrospect, if you were to ask me whether the manner in which some of these comments were conveyed was cringe, yes.&#34;</span></p><p>In the meantime, Kwon had to look elsewhere to jumpstart his nascent economy. His big break would come in March 2021, with the launch of Anchor Savings Protocol — effectively, an automated bank built on Terra’s blockchain. The sales pitch was simple: Deposit your UST stablecoins in Anchor, and it would automatically give you a fixed annual interest rate of nearly 20%.</p><p>As DeFi users flocked to Anchor’s sweetheart rate in droves, LUNAtics began forming communities around the ecosystem. At its peak, over $17 billion was locked in the Anchor protocol, which<u>represented</u>over 70% of UST in circulation. In the process, Anchor rocketed Terra toward the size it would need to become too big to fail — but at the same time, it would also require Kwon to perform the high-wire act of keeping money flowing into the system. The catch was that the 20% yield was not sustainable on its own. (There’s a reason most traditional banks only offer around 1 or 2% interest, and even other stablecoins were dangling rates only half as high).</p><p>But Kwon doesn’t cede an inch on his decision-making here, arguing that he was in fact extremely conservative in his posturing. “The internal consensus of what people wanted to do with the interest rate was several thousand percent APR with Anchor in the beginning,” he counters when I suggest he was asking for trouble. “This was still when DeFi yields were in full bloom, and there were tons of DeFi launches that were targeting stablecoin deposits, offering several hundred percent APRs, several thousand percent APRs.”</p><p>Whatever the points of comparison, the simple fact remains: Anchor wasn’t profitable enough to sustain its 20% yield on its own. As a result, the protocol was reliant on regular cash injections from Terraform Labs to keep the payments flowing. When the anonymous traders struck on May 7, Anchor’s runway was down to only 45 days before it would need another injection of cash. And because this was all playing out on a transparent blockchain,<i>anyone</i>could see the end of the road looming there on the horizon. When a Terra community member proposed a $1 billion top-up in April, Kwon coyly replied: “<u>Sounds low</u>.”</p><p>That’s what made<i>this</i>depegging unique in Terra’s short but stalwart history — by the time UST dipped to 99 cents at center stage, there were already whispers in the rafters, and depositors on Anchor were starting to eye the exits, ready to jump at any sign the protocol might be headed for insolvency. Should that exodus grow from a trickle to a flood, it would risk a death spiral for the currency — akin to a modern-day digital bank run. The May 7 price wobble was precisely the sort of event that makes trigger-happy investors question their assumptions. Meanwhile, Kwon’s critics had been warning of just such a scenario for months.</p><p>But Kwon was prepared for a situation like this — or so he thought. “I’m up  —  amusing morning,” began that same tweet that stuck it to the haters and poors.</p><p>By his own accounting, he would not sleep again for eight days.</p><h2><b>Day 2: $1</b></h2><p>Kwon’s strategy to prevent a death spiral boiled down to the Luna Foundation Guard, a non-profit entity Terra launched in early 2022. Its initials, LFG, double as shorthand for the millennial rallying cry “Let’s Fucking Go.”</p><p>Through LFG, which was staffed with friendly faces from the Terra community, Kwon bought billions of dollars of other cryptocurrencies, mostly Bitcoin, to help prop up UST’s peg during times of turmoil. At its peak, LFG had over<u>$4 billion in reserves</u>, and Kwon had ambitions to grow that number to $10 billion — by some estimates, enough to make LFG the second largest holder of Bitcoin behind its anonymous creator.</p><p>To investors, Kwon billed the creation of LFG as a diplomatic move, meant to build bridges between Terra and other heavyweight blockchains across crypto. “We felt that by adding multiple different types of collaterals, starting with Bitcoin, UST had a real chance to become the decentralized money for all of crypto,” Kwon argues. “Because as UST grows, it’s backed by the economy of all the different chains on which it’s powering apps.”</p><p>Or <u>as he put it</u> more bluntly a few months earlier, before the bottom fell out: With crypto’s other powerhouses bought into Terra’s success, the failure of UST would be “equivalent to the failure of crypto itself.” If Kwon went down, then the whole space would go down with him. The very definition of <i>too big to fail.</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/11dbe061a81f8876f284e6cf12827852\" tg-width=\"3840\" tg-height=\"2160\" referrerpolicy=\"no-referrer\"/><span>“You cannot be emotional about markets, right? Markets are dispassionate, and they move the way that they will.&#34;</span></p><p>And so, just before midnight on Sunday, May 8, as sell pressure on UST was mounting, Kwon set Plan A into motion: He began deploying $1.5 billion worth of LFG’s funds to stave off UST’s wobble. From his team’s war room in his Singapore office, Kwon once again<u>flaunted</u>on Twitter just how unfazed he was: “Those of you waiting for the earth to become unstable - I&#39;m afraid you will be waiting until the age of men expires.”</p><p>At least publicly, then, Kwon was his usual confident self. But he also had to be — any sign of weakness would suggest there was good cause to panic. So he tweeted “pegging” jokes, traded barbs with his critics, and generally acted how an overconfident founder would. When I ask him about his use of Twitter throughout Terra’s run, Kwon sits with the question before answering. “I think I developed an entertaining alter ego to match the community that I was engaging with. In retrospect, if you were to ask me whether the manner in which some of these comments were conveyed was cringe, yes.”</p><h2><b>Day 3: 69 cents</b></h2><p>On May 9, UST lost its peg for the second time. Almost immediately, Kwon’s reserves gambit — dipping into Bitcoin to cover his own currency’s slide — spectacularly backfired.</p><p>Instead of breathing a collective sigh of relief at UST’s return to $1, the market panicked at<i>how</i>it had gotten there: The whole point of UST-LUNA’s system was that it was supposed to be self-sufficient. The idea that it needed to tap into reserves of outside currencies seemed to undercut that foundational premise. And once again, those reserves were transparently finite — if they were necessary in times of crisis, then what happened if they ran out, too? If you have to ask the question in the stablecoin world, then you already have your answer. The market’s fears of a second depegging became a self-fulfilling prophecy. Not trusting the price to hold, investors rushed to get out while they could — and all those deployed Bitcoin reserves became their exit liquidity.</p><p>As Kwon dumped his rainy day fund on crypto exchanges, hoping to beat back the wave of sellers who were driving down UST’s price, he couldn’t bail himself out fast enough. With the loss of confidence in UST, the price of LUNA began to plummet too, falling from $61 to $27 by day’s end. And the lower the price dipped, the bolder short sellers became, driving down the price further yet — a vicious cycle that Kwon was all but helpless to reverse. Investors couldn’t refresh their screens fast enough; many were unable to cash out as they watched their savings evaporate. Billions were now exiting Anchor by the hour. The death spiral had begun in earnest.</p><p>Naturally, all eyes turned to @stablekwon for answers. But Kwon, who’d been tweeting memes, challenging critics, and<u>declaring</u>“I love chaos” over the past two days, had grown curiously — worryingly — silent. When UST’s price landed at 69 cents, not even Kwon was laughing.</p><p>A full twelve hours after he’d tweeted about LFG’s decision to deploy the $1.5 billion in capital  —  an eye-popping number that would rise to $2.5 billion by day’s end  —  he finally <u>resurfaced</u> with five words that would change countless lives, my own included:</p><p>“Deploying more capital - steady lads.”</p><h2><b>Day 4: 72 cents</b></h2><p>I was a lad. I held steady. I would swiftly pay the price.</p><p>Since it was my job to report on markets, I first came to crypto by way of traditional finance: What would this new technology disrupt, and what actually needed disrupting? Like any inventive frontier, the space had no shortage of provocative ideas in its early years. But time and again, their execution left much to be desired. Scams and frauds aside (of which, yes, there are still all too many), the industry had a preternatural talent for building the very traps it claimed it was here to escape. Like centralized economies, for one: The point of DeFi was to cut out traditional middlemen. But DeFi needed stablecoins to keep the wheels greased, and all those stablecoins were centralized.</p><p>If we’re being ungenerous, we’d call this hypocrisy. But more often, it was just a case of brass-tacks reality catching up to those airy ideals. Because yes, for digital economies to flourish, you needed digital reserve currencies. And for digital reserve currencies to flourish, you needed people to believe they were stable. And what did people believe was stable? The U.S. dollar. And so you’d end up right back where you started.</p><p>But then came Terra: Actually decentralized. Actually used in the real world on Chai. The spitting image of what a functional decentralized currency was actually supposed to look like. I reached out to Kwon for the first time in the spring of 2021. When I<u>interviewed</u>him for the first time, there was at least one question I felt still needed clearing up: How is this not a Ponzi scheme?</p><p>Yet, Kwon’s argument convinced me: A decentralized bank can make money all the ways that a “real” bank can, as long its currencies hold real value. And Terra’s did. Amidst the pomp of a bull market, precious few were raising concerns about Anchor’s high-yield runway. Every day, the ecosystem kept ballooning, proving Kwon’s adage that stablecoins have always been the crypto product with the best market fit. And a<i>decentralized</i>,<i>algorithmic</i>stablecoin? That wasn’t just market fit. It was the ground floor of an economic revolution: The fulfillment of crypto’s foundational mission.</p><p>All through that year and into the next, the market proved Kwon’s thesis right. So by the middle of that week in May, it wasn’t just my investment on the line. It was my conviction that decentralized economies were inevitable, and that Kwon knew how to build one better than anyone on Earth. Logic should have compelled me to hedge my bets to cover potential losses. Had I shorted when I had the chance, I’d have turned a ten-fold profit at the click of a button. But that would have been a bet against Kwon and everything Terra stood for. Markets might not be emotional, but one more disclosure: Sometimes, I am. So when Kwon told us to hold steady, assuring us he had the situation under control, that’s exactly what hundreds of thousands of us did. But UST did not.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/29b13142ce227142c1fd2722dc6854d9\" tg-width=\"3840\" tg-height=\"2025\" referrerpolicy=\"no-referrer\"/><span>“I just haven&#39;t found the words to describe what that feels like.&#34;</span></p><p>It was now Day Four of Kwon’s suddenly inescapable nightmare, and he was facing an immense amount of sell pressure from LUNA and UST holders looking to leave the ecosystem, and he was all too aware that LFG’s reserves were nearly depleted. He needed a Plan B, and fast.</p><p>“We decided that putting together additional capital so we’d have resources to be able to fight further would be the smart thing to do,” Kwon tells me, hands clasped on the table like a fallen saint come to repent. “So we started to put together a $2 billion round in the middle of the night. We called our existing investors in LFG. We called a lot of the friends that we had in the industry across multiple desks and large funds. And then, I think we were close to completing the book for that $2 billion round overnight.”</p><p>When I ask if he really pulled eight straight all-nighters, he cocks his head to think it over.</p><p>“So, seven nights. And then, I think I had one burrito.”</p><p>“A burrito?”</p><p>“One burrito. Half a burrito.”</p><p>Such is life with the weight of Terra on your shoulders. But now, “next level euphoric” at their progress in the war room, he once again took to Twitter, <u>declaring</u> he was “close to announcing a recovery plan for $UST. Hang tight.” Then, yet again, radio silence. It was one thing to secure verbal commitments, another for the money to hit the bank. Eight hours later, he reiterated that the plan was still in the works, <u>tweeting</u> “Getting close ... stay strong, lunatics.”</p><p>And then, the news leaked. The Block, an industry news site,<u>reported</u>that LFG was looking to raise fresh capital from large crypto investment firms in order to shore up UST. Kwon had planned to offer these investors a discount on LUNA, but the leak instantly obliterated the deal. “Once the news leaked, we started to see massive shorts pile up against LUNA,” he tells me with surprising equanimity. “So the value of the tokens that we were ready to sell just basically got decimated. It didn&#39;t make sense for people to participate in the round ... Good on [The Block], actually.”</p><p>“For ruining your round?”</p><p>“I mean, it’s all business, so. All good.”</p><p>This is a recurring theme in our conversations: “You cannot be emotional about markets, right? Markets are dispassionate, and they move the way that they will,” he muses. It’s not how I would react if I was sabotaged at the 11th hour on the most important day of my life, but what do I know? “There are probably not too many people that are alive with this type of experience,” Kwon reminds me.</p><p>In the meantime, with LFG’s reserves depleted, and thousands of investors losing faith by the minute, all Kwon could do was watch as UST’s economy was wiped off the market. Even three months later, he’s still grasping to make sense of the moment he realized he’d lost control of the situation. “I just haven&#39;t found the words to describe what that feels like,” he tells me. “I just didn&#39;t think this would happen.”</p><p>Plan A had backfired. Plan B was up in smoke. And Plan C — convince the market to wait for a Plan C — was hurtling out of reach in live time. The mainstream media was starting to take notice as well; that very day, at a Senate Banking Committee hearing, U.S. Treasury Secretary Janet Yellen called out Terra’s unregulated bank run. (Though Kwon made a point of noting it wasn’t his “place to spell out conspiracy theories,” he couldn’t help but comment on the speed of Yellen’s remarks: “I’m surprised that they were able to put together material for her speech when the thing had started to happen just a few hours earlier.”)</p><h2><b>Day 5: 30 cents</b></h2><p>In the blink of an eye, UST’s peg now seemed a distant memory. LUNA, which had been trading at $80 just days ago, was now unthinkably hovering below $1.</p><p>Stepping back, it was now painfully apparent that tens of billions of dollars had been lost in the Terra ecosystem alone. And its collapse was already having ripple effects across DeFi too. In short order, it would<u>topple</u>a who’s who of<u>overzealous crypto hedge funds</u>, while driving away investors from crypto in droves. Within two months, $800 billion would be wiped off the industry&#39;s<u>total market cap</u>. Against the backdrop of a wider downturn, it&#39;d be unfair to say that Terra started the fire. But it certainly became the lighter fluid that ignited the blaze.</p><p>As market prices plunged to crushing lows, talk of crypto as one big Ponzi scheme was suddenly hitting record highs in mainstream coverage. In one sense, Kwon’s master plan was working like a charm: now that he was going down, all of crypto was going down with him. As backward as it sounds, the scale of the disaster may be our best yardstick for measuring what had been the scale of Kwon’s success.</p><p>Unsurprisingly, before UST was even dead and buried, some started calling Do Kwon the Elizabeth Holmes of Korea — a comparison he struggles with when I bring it up to him. In his view, Theranos lied about its blood testers, which never worked, whereas “[UST] was working beautifully throughout the entire history that it was, and the fact that it was working perfectly was visible in the order books, and was present in all the integrations in the open source and transparent manner of crypto. Until it stopped working.”</p><p>In other words, it worked until it didn’t. In crypto, an industry that is equal parts unregulated and unprecedented, it can be a slippery slope from failure to fraud. And while victims of the crash scavenged for answers as their savings vanished, only more questions emerged.</p><p>By now, the press had had a field day with Kwon’s infamous shitposting. His hubris was the journalistic definition of low-hanging fruit. So when allegations broke of a trail of lies and deceit, the reputational damage was catastrophic.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8db332b051cd8c5b5933d6e4eb03b6d3\" tg-width=\"3840\" tg-height=\"2025\" referrerpolicy=\"no-referrer\"/><span>&#34;I mean, this was essentially my life. And I put my actions where my beliefs are. I bet big, and I think I lost.”</span></p><p>On May 11, with UST hanging on for dear digital life at 30 cents, CoinDesk reported that Kwon <u>had been involved</u> in a prior attempt to create an algorithmic stablecoin called Basis Cash — a failed project that Kwon himself had referenced as proof of why UST was better than anything else that had been on the market. The optics of him scrambling to salvage a<i>failing</i>stablecoin, while omitting his association with a<i>failed</i>stablecoin, would prove the nail in UST’s coffin.</p><p>Three months later — and likely three months too late — Kwon confirms to me for the first time that he was indeed the pseudonymous “Rick Sanchez” of the Basis Cash project, but distances himself from the title of co-founder.</p><p>In the cool reprieve of his unfurnished high-rise apartment, he’s teaching me the computer game<i>StarCraft</i>—his go-to method for stress relief — when he denies that Basis Cash was his idea alone. According to Kwon, five developers he’d hired to work on Anchor had come up with their own idea for an algorithmic stablecoin, which would be run on the Ethereum blockchain. (Everyone on the team had an alias ripped from the cult favorite cartoon<i>Rick and Morty</i>; Kwon’s character, Rick Sanchez, is a mad scientist whose inventions have a knack for spiraling out of control.)</p><p>“I helped them with the initial community building, talking on Telegram a little bit, talking in the voice of what Rick Sanchez would’ve sounded like,” he explains. “It started to do really well. I think the market cap far exceeded LUNA’s right after they launched. So they said, ‘All right, we&#39;re just going to run this.’ And they quit the company and then they started to run it solo.”</p><p>Naturally, critics and investors were quick to call out Kwon for not disclosing his part in the project. But he still sees it differently. “I think bringing the Basis mechanism to light and testing it, especially in a sandbox type of environment before DeFi became very large, was good. I think for a first effort, they did a lot of things right,” he tells me, before quickly adding that their efforts left much to be desired, and that he was critical of their choice to sell their tokens and abandon the project.</p><p>But as it turned out, the Basis Cash debacle was just the beginning of Kwon’s trust troubles.</p><h2><b>Day 6: 15 Cents</b></h2><p>When the system was working in normal times, UST could be freely swapped for LUNA and vice versa; that had always been how UST maintained its peg. But these were anything but normal times. The way the algorithm was designed, more LUNA would be printed to help reset the peg when it wobbled. Except now, the market dynamics were so out of balance that LUNA began printing at immeasurable rates. This led to extreme hyperinflation and the collapse in LUNA’s price.</p><p>LUNA was now so cheap  —  trading for less than one cent  —  that the validators physically running Terra’s blockchain began calling for it to be<u>halted</u>, citing threats to the system’s security. UST was trading at 15 cents when Kwon was left with no choice but to shut it down to prevent a governance attack. The great game was over. His dream was dead.</p><p>But if it sounds like his algorithm broke down in the end, that’s not exactly true — what broke was the economy built atop it. Even to the bitter end, as it tried to print infinite LUNA, Kwon’s algorithm worked exactly as designed.</p><p>The totality of the crash hit LUNAtics especially hard. Two of the top three posts on the /r/TerraLuna subreddit are still about suicide. In other posts, users grappled with the magnitude of the crash as it unfolded (a typical<u>title</u>: “My brain can’t process this is happening for real”). And thoughts on Kwon’s handling of the crash read like a communal diary of spiraling sentiment. One day, he’s a mastermind who knows exactly what he’s doing. The <u>next</u>, “Do Kwon&#39;s arrogance was Terra&#39;s downfall.”</p><p>The blowback was sudden and unsettling. Kwon’s only two requests for our interview were that I avoid filming the faces of his employees or the location of his office, due to the flurry of death threats he’d received. By day six of the crash, a man had broken into his family’s apartment complex and rung their doorbell, forcing his wife to request <u>emergency protection</u> from Seoul police.</p><p>Kwon doesn’t deny that the collapse of Terra caused incalculable pain. “It was brutal,” he tells me. And he counts himself among the victims, claiming to have lost most of his net worth in the crash. “I don&#39;t want to seem like my losses are larger in terms of emotional impact compared to people that had less to go on and then put [in] their entire life savings and then the Terra system went down. But I just want to make it perfectly clear that the way that I thought about Terra and Luna was — I mean, this was essentially my life. And I put my actions where my beliefs are. I bet big, and I think I lost.”</p><p>He’s cagey about where his net worth now stands, a number that would be admittedly difficult to verify. Since crypto wallets start out anonymous, he could always ostensibly be hiding profits in wallets unknown to the public. “The reason why I didn’t want to advertise my wallet addresses is, number one, it&#39;s not going to work. People will just say I have more wallets, right?”</p><p>But he’s unflinching when he asserts he made nothing off UST’s collapse. “I’ve never shorted a cryptocurrency in my life, let alone UST.” And he says that his wife, who runs a Korean hot sauce company, held her own coins “all the way down.” How does she feel about these past few months? As Kwon quotes her telling him, “One of the best and worst things about you is that you go all in on everything.”</p><p>Try as I might to get a number out of him, he declines to elaborate on how much “all in” means in financial terms. “One of the jokes that people tell each other when markets turn bad is [that they’re] ‘down bad’ or ‘down horrendous,’” he says with a wistful smile. “And the word that I use to describe what happened here is ‘down infinite.’”</p><p>So there was no getting around it now: Terra had failed, in plain sight and for all to see. The fatal flaws in Anchor and LFG’s reserves plan were now readily apparent. As it so often does, the market had eaten its own. But as crowdsourced autopsies of Terra’s ecosystem began in earnest, and Kwon’s legal team walked out, an alarming array of red flags seemed to pop up everywhere investors looked.</p><h2><b>Day 90: Down Infinite</b></h2><p>In June, about a month after the collapse, the Wall Street Journal<u>reported</u>that Chai — the real-world use case that Kwon frequently touted as evidence of Terra’s mainstream adoption — had, in fact, ceased its use of UST by the end of 2021. Kwon was still listing the Chai relationship as a selling point as late as March 23, 2022, when he <u>brought it up</u> as a reason to be bullish about Terra on the Pomp Podcast, hosted by crypto investor Anthony Pompliano.</p><p>Kwon assures me he didn’t know that Chai’s usage had been discontinued when he made those claims. “We should have known better about how all of our different products were being used in different places like that,” he concedes.</p><p>Which may well be true. But, put in context, it’s a revelation that seems interesting. Kwon helped found Chai with Daniel Shin. He had sat on Chai’s board. And what’s more — Shin was even the officiant at Kwon’s wedding. That Kwon would not have been aware of Chai’s decision requires a leap of faith.</p><p>Yet, Kwon remains adamant when I press him: “By that point, other things in Terra were so large that I just wasn&#39;t paying attention to Chai very much. But that&#39;s definitely one of those things that we should have picked up on.”</p><p>What Kwon knew and when will be a central question of any investigation into Terra’s collapse. The <u>legal definition</u> of fraud is the deliberate misrepresentation of facts as they’re known at the time, with the intent of inciting people to actions they otherwise would not take and causing harm. Well, the Chai use case was what attracted me to the Terra ecosystem in the first place — had I known the deal was dead, would I have exited my investment before or during the crash?</p><p>Kwon, for one, doesn’t think so. In his mind, Terra was already a sure thing by that juncture, with or without Chai. “I think just psychologically, I had moved on from Chai as a use case, because that business wasn&#39;t growing, whereas, you know, there were dozens of different things that were being built on top of Terra. Tons of integrations like Anchor and Mirror were increasing in usership and things like that.&#34;</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57328367830b1d54c3a76ed16fba5107\" tg-width=\"3840\" tg-height=\"2025\" referrerpolicy=\"no-referrer\"/><span>&#34;I think what I spend time doing over the next 20 years is going to be more meaningful than what happened over the last six weeks.&#34;</span></p><p>In case you didn’t think there were enough twists and turns in Kwon’s tale: Mirror was an unregulated copy of the stock market built atop Terra’s blockchain, which inevitably got Kwon subpoenaed by the U.S. Securities and Exchange Commission. In a cavalier Kwon comeback, he responded by<i>suing the SEC</i>for improperly issuing the subpoena. There’s poking the bear, and then there’s challenging the bear to a fistfight.</p><p>At this point, the SEC may be the least of Kwon’s problems. Among the various agencies around the world looking into all things Terra, Korean prosecutors have thus far been the most aggressive. But Kwon says he plans to cooperate when the time comes.</p><p>“In terms of dealing with due process, it&#39;s not a question of what you are prepared to face, it’s a question of how you are going to face them. So what we&#39;re going to do is we&#39;re just going to put out the facts as we know them,” he tells me with trademark confidence.</p><p>When I ask him how he defines fraud, he pauses so long, I feel like I’m the one who might be in trouble. “Well,if you knew something that wasn&#39;t true, and then you argue that that was true for personal enrichment or whatever purpose that might be, then that&#39;s fraud, right?” Pretty spot on, off the cuff. “I think it boils down to a question of whether you wanted to do the right thing.”</p><p>But of course, many investors in Terra are no longer taking Kwon at his word. A number of former Terra users, including one of the loudest, have accused him of<u>extracting $2.7 billion</u>from Terra’s reserves, a claim Kwon<u>flatly denies</u>. “In terms of how much UST [exchanges] were able to buy back, it matches the amount of Bitcoin that we gave them,” he points out. The blockchain may be built for transparency, but that has rarely made the whole truth any easier to find.</p><p>Other allegations, Kwon has little trouble swatting down. Some news organizations reported on the existence of Flexi Corp, a Korean shell company linked to Kwon. With a wave of his hand, he explains that Terraform Labs had three subsidiary corporations in Korea, including Flexi Corp, but when he moved operations to Singapore before the crash, he “wound that entity down.” Other questions have been raised about how much money Terraform Labs was spending on operations through an effort called<u>Project Dawn</u>; of the three million LUNA it let the company unlock per month, Kwon says the coins “were used to meet our obligations to investors and employee vesting. And once again, none of that went to me.”</p><p>In the meantime  —  and as ever in crypto  —  those Ponzi claims continue to linger. In one sense, the argument that Terra was just one big elaborate Ponzi scheme is simple: Anchor promised fixed 20% returns for everyone who bought into the ecosystem. When that became unsustainable, everything crashed.</p><p>On the other hand, this kind of “Ponzi-nomics” has long been actively debated in the crypto sphere. Plenty of traditional businesses use VC cash to subsidize everything from free lunches and taxi rides to subscriptions and movie tickets in order to gain a loyal customer base, raising prices or reducing benefits once they’ve established themselves as an essential part of our lives. Terra was arguably doing the same by subsidizing Anchor, and it worked as intended for years. Until, of course, it didn’t.</p><p>For what it’s worth, Kwon makes a point of accepting responsibility for the crash. “I, and I alone, am responsible for any weaknesses that could have been presented for a short seller to start to take profit. The blame is on the person that presented those vulnerabilities in the first place,” he said. “That’s me.”</p><p>Even so, that likely won’t satisfy the Korean justice system, which also appears intensely interested in making sense of Terra’s collapse. In between my two days of interviews with Kwon in Singapore, Korean authorities <u>raided his cofounder Daniel Shin’s home</u>, as well as Korean cryptocurrency exchanges that held UST-LUNA on the books.</p><p>When I ask if he’s thinking about going back to Korea, he’s noncommittal. “It&#39;s kind of hard to make that decision, because we&#39;ve never been in touch with the investigators. They&#39;ve never charged us with anything. They haven&#39;t reached out to us at all.”</p><p>Again, his casual calmness surprises me. When I float the prospect of jail time, he doesn’t miss a beat: “Life is long.”</p><p>And his new lawyers? How do they feel about our conversation? Kwon all but laughs. “I mean, no lawyer is going to be happy.”</p><p>As investigators and armchair detectives circle the case, regulators around the world are also now taking a closer look at stablecoins in the wake of Terra’s collapse. Under <u>new rules</u> passed in the EU known as MiCA, stablecoins like Tether and USDC will have to maintain an ample reserve backing to ward off death spirals like Terra’s. And in the U.S., <u>some lawmakers</u> hope to have a new federal regulation passed by the end of the year.</p><h2><b>Day 0</b></h2><p>In the meantime, Do Kwon is already trying again. Shortly after the crash, he launched Terra 2.0 — his swift attempt to start rebuilding his crypto empire, though this time with no algorithmic stablecoin attached. The new coin launched on May 28, and traded as high as $11 in the days that followed, though its price currently sits around $2. Million of dollars of “LUNA Classic” still trades hands every day, and some loyal developers are still building on the platform. But activity on its <u>official forum</u> remains sparse.</p><p>“In terms of the future of Terra 2.0, one of the things that I&#39;m banking on is a lot of the core of the community that was built up during the crash. I think they are primed to launch interesting things on top of 2.0 independent of the things that we do,” Kwon tells me, as enthusiastic as I’ve seen him. “I&#39;m always going to be doing things on Terra and for the Terra community. This is my home and this is where I feel like there&#39;s the brightest future.”</p><p>Some rival blockchains have attempted to hire away developers who worked on Terra, including Polygon and Kadena, which both <u>announced millions</u> in funding dedicated to poaching top talent. Kwon claims “most of Terraform Labs is still intact. We lost a lot of executives during the crash, but in terms of the overall headcount, we lost a total of two devs.”</p><p>Beyond the collapse of Terra itself, there’s no chart I can point to revealing what remains of the market’s trust in Do Kwon. Its implosion caused many of us to lose incredible sums of money — almost certainly driving some away from the Terra ecosystem forever, if not the rest of crypto, too. Yet Kwon’s new venture will have to rely almost entirely on trust — both in him and in the resuscitated Terra ecosystem — in order to successfully rebuild. When asked about upcoming projects launching on Terra 2.0, Kwon was optimistic but sparing with details. “I would rather just leave these [upcoming products] to be a surprise. I think one of the lessons that I learned is you should probably not oversell things that don&#39;t exist yet.”</p><p>What’s certain is that he doesn’t intend to be going anywhere. “I love crypto. I love Web3. I plan to be building here for a long time, and if my thesis is right that we are at the very early innings of what will turn out to be, in my hope, a world that runs on Web3, then I think what I spend time doing over the next 20 years is going to be more meaningful than what happened over the last six weeks.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af47472de312e63f318f5f2387b46c5d\" tg-width=\"3840\" tg-height=\"2160\" referrerpolicy=\"no-referrer\"/><span>Do Kwon announced the birth of his daughter Luna to the world on Twitter, calling her &#34;My dearest creation named after my greatest invention.&#34;</span></p><p>As for his daughter Luna, Kwon doesn’t plan on changing her name. “Let&#39;s just say that I have an incentive to make sure that her name isn&#39;t something that she can be ashamed of, but something that she can be proud of.”</p><p>He could have named his new project literally anything else too — conventional wisdom would be to create as much distance as possible from memories of crypto’s largest-ever collapse. But this is Do Kwon we’re talking about. So LUNA 2.0 it is.</p><p>As we spill out of hot pot heaven on my last night in Singapore, Kwon stops along the road and gazes up at the night sky. He confesses he thought about another name, but just couldn’t bring himself to do it. “It’s right there,” he says, like we’re standing in a dream. “I stare up and see the moon, and just feel so attached to it.”</p><p>On that count, at least, I still envy him. For me, it remains out of reach.</p></body></html>","source":"lsy1660834006975","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>Inside Crypto’s Largest Collapse with Terra's Do Kwon</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\">\nInside Crypto’s Largest Collapse with Terra's Do Kwon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-19 10:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.coinage.media/s1/inside-cryptos-largest-collapse-with-terras-do-kwon><strong>Coinage</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Three months ago, Do Kwon was a multi-billionaire on paper. He had a million followers on Twitter. And he commanded a sprawling crypto empire nearing $100 billion in value, which had seemed to explode...</p>\n\n<a href=\"https://www.coinage.media/s1/inside-cryptos-largest-collapse-with-terras-do-kwon\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.coinage.media/s1/inside-cryptos-largest-collapse-with-terras-do-kwon","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154624575","content_text":"Three months ago, Do Kwon was a multi-billionaire on paper. He had a million followers on Twitter. And he commanded a sprawling crypto empire nearing $100 billion in value, which had seemed to explode from obscurity to ubiquity overnight.If there were a Mt. Rushmore of crypto, Kwon’s face would have been half-chiseled into stone by May of this year. And one of those faces would have been an anonymous slab in a hoodie, so that’s saying something. His algorithmic stablecoin “UST,” created by his company Terraform Labs (TFL), had crypto’s most coveted investors lining up to give him their money.The Terra ecosystem’s astronomical growth was unprecedented. If it survived the crucible of early adoption, it was poised to become the backbone of the entire decentralized economy — “crypto’s reserve currency,” as the pitch tended to go. UST would do this by performing one deceptively simple job: always be worth one dollar, and in doing so, give crypto a less volatile medium of exchange than standard bearers like bitcoin.To keep UST’s price steady, Kwon designed a companion coin, LUNA, which he programmed to have a balancing effect on UST’s price. If demand for UST went up or down, then Kwon’s algorithm would adjust the supply of LUNA accordingly, until market forces drove UST back to $1. Zoom all the way out, and if UST maintained that dollar peg long enough, then Kwon would become the man at the center of the coin at the center of a multi-trillion dollar industry.And he wasn’t shy about his breakneck success. He might have been a versatile engineer, but shame was not in his repertoire. Some of his tweets could make Elon Musk blush: He referred to his critics as “poors.” He mocked journalists and taunted regulators. And he danced on the graves of his competitors with palpable delight.He made a show of walking the walk, too — his wardrobe of a half-dozen faded t-shirts made Zuck look like a fashionista, and his upright, 6’2” frame exuded the confidence of a fox in a henhouse. At the age of 30, he played the part of wunderkind visionary with more panache than a hype man at a Cupertino keynote.Do Kwon, founder of Terraform Labs, sits down for an exclusive interview with Coinage at his company's office in Singapore.From the outside, success at such a dizzying scale always has a way of feeling like it happens overnight. One day, you’ve never heard of the smirking Stanford grad from South Korea; the next, he’s everywhere — a force that must be reckoned with anywhere that crypto must be reckoned with. But behind the scenes, Kwon had been quietly laying the groundwork for his meteoric rise for nearly five years. From the comfort of his keyboard, he’d created a new blockchain, invented a new currency, and raised a small and fiercely loyal army of developers (you can’t launch a financial revolution without revolutionaries, of course). In crypto these days, that means shooting the shit under pseudonyms on Discord, parlaying with hackers on Telegram, and reeling in institutional investors one by one, until blue-chip billionaires start getting FOMO and maneuver to dive in headfirst.Skeptics could always nitpick, but from afar, everything in Kwon’s playbook didn’t just look like it was going to plan — at every turn, he seemed to exceed expectations. He also made a habit of putting his money where his mouth was, and his family’s legacy too: when he and his wife welcomed their first child in April, they christened her Luna. “My dearest creation named after my greatest invention,” heannouncedon Twitter. To say he was all in was an understatement. He actively positioned himself to either go down as a genius or an egomaniac. Or just as likely, both.But that was Kwon’s great appeal as a salesman: Bold, brash, and brilliant, a man who was untouchable in all the most entertaining ways. His legion of followers called themselves LUNAtics. Analysts called him the most important man in crypto. At least one of those billionaire backers went so far as to get a regrettable LUNA tattoo. His cockiness? All in good fun, and proven out by the numbers. His caginess? A great man need not suffer fools nor haters — in online discourse, there’s no such thing as too clever by half.So it was little surprise his investors hailed from all over the world, united by the Big Idea at the heart of Terra’s triumph: “A decentralized economy needs decentralized money.” Or put another way, for those who haven’t been crypto-pilled: For crypto to work, UST-LUNA has to work. And it will only work if enough of us trust that it will.But then one day, it didn’t.With breathtaking speed, Terra’s fairytale rise would prove too good to be true — and would only be outdone by the nightmarish theatrics of its fall. Over one week in May, the market’s trust in Do Kwon went to zero, and UST cratered with it as LUNA crashed back to Earth. By month’s end, over $45 billion had evaporated from Terra’s ecosystem, andmore than $80 billionfrom all crypto markets in the fallout. Just like that, Kwon’s empire had crumbled to dust.In the hazy aftermath, investors who watched their life savings disappear have been left with more questions than answers. Lives have been ruined, fortunes lost, and there have been reports of suicides. Meanwhile, Kwon and his company are now the subjects of multiple class-action lawsuits, and some in the press have dubbed him “crypto’s Elizabeth Holmes.” Last month, investigators in Korea raided the home of his co-founder Daniel Shin. And as authorities build a possible case against Terraform Labs in Kwon’s home country, his employees attached to the project have been put on Korea’s no-fly list.But Kwon hasn’t been in Korea for months — he’s in Singapore, still trying to process exactly how everything went so bad, so fast. He meets me in a casual hot pot joint near his office, wearing shorts and knockoff Birkenstocks to survive the unyielding heat of a Singapore summer. Everywhere I look, something’s reaching a boiling point.I’d been chasing this interview for three months now, since the week of Terra’s collapse. So had others, Kwon tells me. The New York Times, The Wall Street Journal, even a couple Netflix documentaries. When Kwon finally agreed to go on the record, I took the first flight out from New York I could get.As a reporter, there is little more terrifying than the sense you may be too close to a story; this one requires more disclosures than any I’ve reported in my life. When Kwon was at the pinnacle of his powers last year, Terraform Labs became an investor in Coinage’s parent company. Meanwhile, I had previously bought UST and LUNA tokens, and held both all the way through the crash. Which is to say: I lost almost everything that week as well. On several occasions over those fateful few days, I’d even passed up the chance to hedge my bets, because, like hundreds of thousands of others, I believed in what Terra was building, and believed Kwon when he said it would work.To be sure, I had only myself to blame for my investment choices — indeed, I knew Terra’s risks better than most. Or at least, I liked to think I did. It’s one thing to buy the dream, another to live the reality. And somewhere in the shuffle, I’d lost a small fortune literally buying what Kwon had been selling.That’s why I don’t see it coming when Kwon throws back the last of his drink, as exhausted as I’ve ever seen him, and hitsmewith a question before he’ll start leaking answers: “What would you have done differently?”Well, if we’re going there — where to begin?Day 1: 99 CentsThe trade was perfectly timed. An anonymous actor, orpossibly two, knew exactly how and when to strike against Kwon’s miracle machine. To many, its algorithm appeared invincible — it had just catapulted Terra from far-flung message boards to one of crypto’s top 10 projects by market cap, after all. But behind the curtain, if you knew where to look, there lurked a glaring flaw.Unlike other stablecoins, which are designed to be backed by cold hard cash, UST was “algorithmic,” which meant that it had no suchrealbackstop in the physical world. This approach was riskier, sure. But it also meant that if Terra was successful, crypto would finally have a reliable currency that was truly and completely independent of the old financial system.So instead, UST kept its $1 peg through its algorithm, allowing users to freely trade between UST and LUNA. In effect, buying LUNA was a pure bet on the adoption of UST: The more people bought UST, the more LUNA the algorithm would burn to keep UST at $1. And that would in turn drive up the price of LUNA. In a market as complex as crypto’s, Kwon’s masterstroke was a tantalizingly simple investment thesis — if you thought UST’s use would continue to grow, then you bought LUNA. So, I bought LUNA.As recently as 2021, LUNA was trading for as low as 63 cents. At its peak in April of this year, it was going for $119. The day before everything went to hell, it was still sitting comfortably near $80.And just as designed, as LUNA soared, UST stayed stable. Until it didn’t.Do Kwon working from Terraform Labs's office in Singapore.On the night of May 7, 2022, Terraform labs executed an unannounced transfer of funds between trading pools. Thirteen minutes later, the untraceable traders pounced on this brief window of vulnerability, selling off nearly $200 million worth of UST at the exact same time.“I was in Singapore,” Kwon recounts from his noticeably sparse downtown office. “I woke up in the morning and the Curve pool was imbalanced because somebody had done a very large trade … Twitter was alight with speculation about UST. And my first reaction is, you know, this has happened before … I talked to a few people on Twitter, I got back to a few Telegram messages and, you know, didn't take too much action at that point.”As more and more UST was swapped out for other currencies, the trading pool became unbalanced, which caused the value of UST to wobble from $1 to 99 cents. Which might not sound like a lot, on its face. But again, UST only had that one job:always be worth one dollar. No more, no less.The wobble quickly caught the attention of traders. “The sentiment on Twitter started to get worse,” Kwon recalls, putting it lightly. “And then there started to be more people that were trading against the Curve pools.” In an attempt to allay fears, Kwon brusquelytook to Twitter, where he goes by @stablekwon: “Anon, you could listen to [Crypto Twitter] influensooors about UST depegging for the 69th time. Or you could remember they’re all now poor, and go for a run instead.”But behind the scenes, the situation was more complicated than he was letting on. His executive team was out of commission at the time of the attack — they were all up in the air, en route to Singapore for a quarterly summit at Terraform’s headquarters. Looking back, Kwon believes that this confluence of events feels like too much of a coincidence. The timing of the decisive fund transfer and the movements of his advisors were both inside information. In his view, there must have been a leak in his office.“The only people that knew that were TFL employees,” Kwon admits when I press him on whether the timing seems more than mere happenstance. His manner of speech is littered with cliffhanger pauses, like he’s stress-testing tomorrow’s news in his head. “So if you're asking me whether there was a mole at Terraform Labs, that's probably 'yes'.”But as he takes care to repeatedly reiterate, this was not the first time that UST had wobbled — it had dipped to 99 cents a few times before, even once briefly dropping below 90 cents the year prior, before quickly regaining its dollar peg. To an “algo stable” veteran, this was just the system working as designed.But this time was different because the stakes for Terra were different. And now that its peg was suddenly in question, long-simmering concerns about its viability erupted to the fore.In the blood rush of a bull market, it could be easy to forget that UST’s success was always going to be an uphill battle: Every large algorithmic stablecoin that had ever been sold on the open market had eventually crashed to pennies on the dollar. Some were poorly designed, others ineffectively managed. But across the board, all had failed to achieve what lasting success would inevitably require — a real economy of users making purchases with the stablecoin, and the size and scale to justify having one.Simply put, for Terra to stand the test of time, yes, UST had to be worth $1. But the real question was, if you had a dollar, why would you want to hold it in UST? To survive in the long run, Terra had to convince us that UST was the best currency on offer — that it was even a better bet than those greenbacks stuffed under our mattresses. So Kwon sought to make his stablecoin attractive not only to crypto insiders already deep in the burgeoning ecosystem of decentralized finance (more commonly known as DeFi), but also to everyday consumers who had no interest in toppling the global economy’s status quo, and just wanted money that was easy to spend.On this count, Kwon and his co-founder Shin had an ace up their sleeve: they’d already founded Chai, a digital payments startup that was doing big business in Korea. Chai let people use UST to make purchases without even realizing they were trafficking in crypto — seamless, convenient, and straightforward, not unlike PayPal in the States. The idea that a cryptocurrency was being used in the real world to buy everyday goods was a breakthrough selling point for Terra — it’s what first caught my eye about the project, and what made it stand out from countless rivals. When push comes to shove, the most powerful currencies in crypto have always been legitimacy and trust. And as Chai took off in Korea, Terra had an undeniable competitive advantage.But even so, in 2019, growth across the industry slowed to a crawl, and Kwon struggled to hook deep-pocketed investors. \"We tried to do another fundraise for Terra in the middle of 2019,” he tells me, arms crossed as he looks out over the Singapore skyline — a grayscale view, perpetually under construction. “And the market was really bad. We actually managed to raise $0.” It was around this time that Kwon bought out Shin’s ownership stake in Terra, leaving Shin free to work on developing Chai on his own.\"In retrospect, if you were to ask me whether the manner in which some of these comments were conveyed was cringe, yes.\"In the meantime, Kwon had to look elsewhere to jumpstart his nascent economy. His big break would come in March 2021, with the launch of Anchor Savings Protocol — effectively, an automated bank built on Terra’s blockchain. The sales pitch was simple: Deposit your UST stablecoins in Anchor, and it would automatically give you a fixed annual interest rate of nearly 20%.As DeFi users flocked to Anchor’s sweetheart rate in droves, LUNAtics began forming communities around the ecosystem. At its peak, over $17 billion was locked in the Anchor protocol, whichrepresentedover 70% of UST in circulation. In the process, Anchor rocketed Terra toward the size it would need to become too big to fail — but at the same time, it would also require Kwon to perform the high-wire act of keeping money flowing into the system. The catch was that the 20% yield was not sustainable on its own. (There’s a reason most traditional banks only offer around 1 or 2% interest, and even other stablecoins were dangling rates only half as high).But Kwon doesn’t cede an inch on his decision-making here, arguing that he was in fact extremely conservative in his posturing. “The internal consensus of what people wanted to do with the interest rate was several thousand percent APR with Anchor in the beginning,” he counters when I suggest he was asking for trouble. “This was still when DeFi yields were in full bloom, and there were tons of DeFi launches that were targeting stablecoin deposits, offering several hundred percent APRs, several thousand percent APRs.”Whatever the points of comparison, the simple fact remains: Anchor wasn’t profitable enough to sustain its 20% yield on its own. As a result, the protocol was reliant on regular cash injections from Terraform Labs to keep the payments flowing. When the anonymous traders struck on May 7, Anchor’s runway was down to only 45 days before it would need another injection of cash. And because this was all playing out on a transparent blockchain,anyonecould see the end of the road looming there on the horizon. When a Terra community member proposed a $1 billion top-up in April, Kwon coyly replied: “Sounds low.”That’s what madethisdepegging unique in Terra’s short but stalwart history — by the time UST dipped to 99 cents at center stage, there were already whispers in the rafters, and depositors on Anchor were starting to eye the exits, ready to jump at any sign the protocol might be headed for insolvency. Should that exodus grow from a trickle to a flood, it would risk a death spiral for the currency — akin to a modern-day digital bank run. The May 7 price wobble was precisely the sort of event that makes trigger-happy investors question their assumptions. Meanwhile, Kwon’s critics had been warning of just such a scenario for months.But Kwon was prepared for a situation like this — or so he thought. “I’m up  —  amusing morning,” began that same tweet that stuck it to the haters and poors.By his own accounting, he would not sleep again for eight days.Day 2: $1Kwon’s strategy to prevent a death spiral boiled down to the Luna Foundation Guard, a non-profit entity Terra launched in early 2022. Its initials, LFG, double as shorthand for the millennial rallying cry “Let’s Fucking Go.”Through LFG, which was staffed with friendly faces from the Terra community, Kwon bought billions of dollars of other cryptocurrencies, mostly Bitcoin, to help prop up UST’s peg during times of turmoil. At its peak, LFG had over$4 billion in reserves, and Kwon had ambitions to grow that number to $10 billion — by some estimates, enough to make LFG the second largest holder of Bitcoin behind its anonymous creator.To investors, Kwon billed the creation of LFG as a diplomatic move, meant to build bridges between Terra and other heavyweight blockchains across crypto. “We felt that by adding multiple different types of collaterals, starting with Bitcoin, UST had a real chance to become the decentralized money for all of crypto,” Kwon argues. “Because as UST grows, it’s backed by the economy of all the different chains on which it’s powering apps.”Or as he put it more bluntly a few months earlier, before the bottom fell out: With crypto’s other powerhouses bought into Terra’s success, the failure of UST would be “equivalent to the failure of crypto itself.” If Kwon went down, then the whole space would go down with him. The very definition of too big to fail.“You cannot be emotional about markets, right? Markets are dispassionate, and they move the way that they will.\"And so, just before midnight on Sunday, May 8, as sell pressure on UST was mounting, Kwon set Plan A into motion: He began deploying $1.5 billion worth of LFG’s funds to stave off UST’s wobble. From his team’s war room in his Singapore office, Kwon once againflauntedon Twitter just how unfazed he was: “Those of you waiting for the earth to become unstable - I'm afraid you will be waiting until the age of men expires.”At least publicly, then, Kwon was his usual confident self. But he also had to be — any sign of weakness would suggest there was good cause to panic. So he tweeted “pegging” jokes, traded barbs with his critics, and generally acted how an overconfident founder would. When I ask him about his use of Twitter throughout Terra’s run, Kwon sits with the question before answering. “I think I developed an entertaining alter ego to match the community that I was engaging with. In retrospect, if you were to ask me whether the manner in which some of these comments were conveyed was cringe, yes.”Day 3: 69 centsOn May 9, UST lost its peg for the second time. Almost immediately, Kwon’s reserves gambit — dipping into Bitcoin to cover his own currency’s slide — spectacularly backfired.Instead of breathing a collective sigh of relief at UST’s return to $1, the market panicked athowit had gotten there: The whole point of UST-LUNA’s system was that it was supposed to be self-sufficient. The idea that it needed to tap into reserves of outside currencies seemed to undercut that foundational premise. And once again, those reserves were transparently finite — if they were necessary in times of crisis, then what happened if they ran out, too? If you have to ask the question in the stablecoin world, then you already have your answer. The market’s fears of a second depegging became a self-fulfilling prophecy. Not trusting the price to hold, investors rushed to get out while they could — and all those deployed Bitcoin reserves became their exit liquidity.As Kwon dumped his rainy day fund on crypto exchanges, hoping to beat back the wave of sellers who were driving down UST’s price, he couldn’t bail himself out fast enough. With the loss of confidence in UST, the price of LUNA began to plummet too, falling from $61 to $27 by day’s end. And the lower the price dipped, the bolder short sellers became, driving down the price further yet — a vicious cycle that Kwon was all but helpless to reverse. Investors couldn’t refresh their screens fast enough; many were unable to cash out as they watched their savings evaporate. Billions were now exiting Anchor by the hour. The death spiral had begun in earnest.Naturally, all eyes turned to @stablekwon for answers. But Kwon, who’d been tweeting memes, challenging critics, anddeclaring“I love chaos” over the past two days, had grown curiously — worryingly — silent. When UST’s price landed at 69 cents, not even Kwon was laughing.A full twelve hours after he’d tweeted about LFG’s decision to deploy the $1.5 billion in capital  —  an eye-popping number that would rise to $2.5 billion by day’s end  —  he finally resurfaced with five words that would change countless lives, my own included:“Deploying more capital - steady lads.”Day 4: 72 centsI was a lad. I held steady. I would swiftly pay the price.Since it was my job to report on markets, I first came to crypto by way of traditional finance: What would this new technology disrupt, and what actually needed disrupting? Like any inventive frontier, the space had no shortage of provocative ideas in its early years. But time and again, their execution left much to be desired. Scams and frauds aside (of which, yes, there are still all too many), the industry had a preternatural talent for building the very traps it claimed it was here to escape. Like centralized economies, for one: The point of DeFi was to cut out traditional middlemen. But DeFi needed stablecoins to keep the wheels greased, and all those stablecoins were centralized.If we’re being ungenerous, we’d call this hypocrisy. But more often, it was just a case of brass-tacks reality catching up to those airy ideals. Because yes, for digital economies to flourish, you needed digital reserve currencies. And for digital reserve currencies to flourish, you needed people to believe they were stable. And what did people believe was stable? The U.S. dollar. And so you’d end up right back where you started.But then came Terra: Actually decentralized. Actually used in the real world on Chai. The spitting image of what a functional decentralized currency was actually supposed to look like. I reached out to Kwon for the first time in the spring of 2021. When Iinterviewedhim for the first time, there was at least one question I felt still needed clearing up: How is this not a Ponzi scheme?Yet, Kwon’s argument convinced me: A decentralized bank can make money all the ways that a “real” bank can, as long its currencies hold real value. And Terra’s did. Amidst the pomp of a bull market, precious few were raising concerns about Anchor’s high-yield runway. Every day, the ecosystem kept ballooning, proving Kwon’s adage that stablecoins have always been the crypto product with the best market fit. And adecentralized,algorithmicstablecoin? That wasn’t just market fit. It was the ground floor of an economic revolution: The fulfillment of crypto’s foundational mission.All through that year and into the next, the market proved Kwon’s thesis right. So by the middle of that week in May, it wasn’t just my investment on the line. It was my conviction that decentralized economies were inevitable, and that Kwon knew how to build one better than anyone on Earth. Logic should have compelled me to hedge my bets to cover potential losses. Had I shorted when I had the chance, I’d have turned a ten-fold profit at the click of a button. But that would have been a bet against Kwon and everything Terra stood for. Markets might not be emotional, but one more disclosure: Sometimes, I am. So when Kwon told us to hold steady, assuring us he had the situation under control, that’s exactly what hundreds of thousands of us did. But UST did not.“I just haven't found the words to describe what that feels like.\"It was now Day Four of Kwon’s suddenly inescapable nightmare, and he was facing an immense amount of sell pressure from LUNA and UST holders looking to leave the ecosystem, and he was all too aware that LFG’s reserves were nearly depleted. He needed a Plan B, and fast.“We decided that putting together additional capital so we’d have resources to be able to fight further would be the smart thing to do,” Kwon tells me, hands clasped on the table like a fallen saint come to repent. “So we started to put together a $2 billion round in the middle of the night. We called our existing investors in LFG. We called a lot of the friends that we had in the industry across multiple desks and large funds. And then, I think we were close to completing the book for that $2 billion round overnight.”When I ask if he really pulled eight straight all-nighters, he cocks his head to think it over.“So, seven nights. And then, I think I had one burrito.”“A burrito?”“One burrito. Half a burrito.”Such is life with the weight of Terra on your shoulders. But now, “next level euphoric” at their progress in the war room, he once again took to Twitter, declaring he was “close to announcing a recovery plan for $UST. Hang tight.” Then, yet again, radio silence. It was one thing to secure verbal commitments, another for the money to hit the bank. Eight hours later, he reiterated that the plan was still in the works, tweeting “Getting close ... stay strong, lunatics.”And then, the news leaked. The Block, an industry news site,reportedthat LFG was looking to raise fresh capital from large crypto investment firms in order to shore up UST. Kwon had planned to offer these investors a discount on LUNA, but the leak instantly obliterated the deal. “Once the news leaked, we started to see massive shorts pile up against LUNA,” he tells me with surprising equanimity. “So the value of the tokens that we were ready to sell just basically got decimated. It didn't make sense for people to participate in the round ... Good on [The Block], actually.”“For ruining your round?”“I mean, it’s all business, so. All good.”This is a recurring theme in our conversations: “You cannot be emotional about markets, right? Markets are dispassionate, and they move the way that they will,” he muses. It’s not how I would react if I was sabotaged at the 11th hour on the most important day of my life, but what do I know? “There are probably not too many people that are alive with this type of experience,” Kwon reminds me.In the meantime, with LFG’s reserves depleted, and thousands of investors losing faith by the minute, all Kwon could do was watch as UST’s economy was wiped off the market. Even three months later, he’s still grasping to make sense of the moment he realized he’d lost control of the situation. “I just haven't found the words to describe what that feels like,” he tells me. “I just didn't think this would happen.”Plan A had backfired. Plan B was up in smoke. And Plan C — convince the market to wait for a Plan C — was hurtling out of reach in live time. The mainstream media was starting to take notice as well; that very day, at a Senate Banking Committee hearing, U.S. Treasury Secretary Janet Yellen called out Terra’s unregulated bank run. (Though Kwon made a point of noting it wasn’t his “place to spell out conspiracy theories,” he couldn’t help but comment on the speed of Yellen’s remarks: “I’m surprised that they were able to put together material for her speech when the thing had started to happen just a few hours earlier.”)Day 5: 30 centsIn the blink of an eye, UST’s peg now seemed a distant memory. LUNA, which had been trading at $80 just days ago, was now unthinkably hovering below $1.Stepping back, it was now painfully apparent that tens of billions of dollars had been lost in the Terra ecosystem alone. And its collapse was already having ripple effects across DeFi too. In short order, it wouldtopplea who’s who ofoverzealous crypto hedge funds, while driving away investors from crypto in droves. Within two months, $800 billion would be wiped off the industry'stotal market cap. Against the backdrop of a wider downturn, it'd be unfair to say that Terra started the fire. But it certainly became the lighter fluid that ignited the blaze.As market prices plunged to crushing lows, talk of crypto as one big Ponzi scheme was suddenly hitting record highs in mainstream coverage. In one sense, Kwon’s master plan was working like a charm: now that he was going down, all of crypto was going down with him. As backward as it sounds, the scale of the disaster may be our best yardstick for measuring what had been the scale of Kwon’s success.Unsurprisingly, before UST was even dead and buried, some started calling Do Kwon the Elizabeth Holmes of Korea — a comparison he struggles with when I bring it up to him. In his view, Theranos lied about its blood testers, which never worked, whereas “[UST] was working beautifully throughout the entire history that it was, and the fact that it was working perfectly was visible in the order books, and was present in all the integrations in the open source and transparent manner of crypto. Until it stopped working.”In other words, it worked until it didn’t. In crypto, an industry that is equal parts unregulated and unprecedented, it can be a slippery slope from failure to fraud. And while victims of the crash scavenged for answers as their savings vanished, only more questions emerged.By now, the press had had a field day with Kwon’s infamous shitposting. His hubris was the journalistic definition of low-hanging fruit. So when allegations broke of a trail of lies and deceit, the reputational damage was catastrophic.\"I mean, this was essentially my life. And I put my actions where my beliefs are. I bet big, and I think I lost.”On May 11, with UST hanging on for dear digital life at 30 cents, CoinDesk reported that Kwon had been involved in a prior attempt to create an algorithmic stablecoin called Basis Cash — a failed project that Kwon himself had referenced as proof of why UST was better than anything else that had been on the market. The optics of him scrambling to salvage afailingstablecoin, while omitting his association with afailedstablecoin, would prove the nail in UST’s coffin.Three months later — and likely three months too late — Kwon confirms to me for the first time that he was indeed the pseudonymous “Rick Sanchez” of the Basis Cash project, but distances himself from the title of co-founder.In the cool reprieve of his unfurnished high-rise apartment, he’s teaching me the computer gameStarCraft—his go-to method for stress relief — when he denies that Basis Cash was his idea alone. According to Kwon, five developers he’d hired to work on Anchor had come up with their own idea for an algorithmic stablecoin, which would be run on the Ethereum blockchain. (Everyone on the team had an alias ripped from the cult favorite cartoonRick and Morty; Kwon’s character, Rick Sanchez, is a mad scientist whose inventions have a knack for spiraling out of control.)“I helped them with the initial community building, talking on Telegram a little bit, talking in the voice of what Rick Sanchez would’ve sounded like,” he explains. “It started to do really well. I think the market cap far exceeded LUNA’s right after they launched. So they said, ‘All right, we're just going to run this.’ And they quit the company and then they started to run it solo.”Naturally, critics and investors were quick to call out Kwon for not disclosing his part in the project. But he still sees it differently. “I think bringing the Basis mechanism to light and testing it, especially in a sandbox type of environment before DeFi became very large, was good. I think for a first effort, they did a lot of things right,” he tells me, before quickly adding that their efforts left much to be desired, and that he was critical of their choice to sell their tokens and abandon the project.But as it turned out, the Basis Cash debacle was just the beginning of Kwon’s trust troubles.Day 6: 15 CentsWhen the system was working in normal times, UST could be freely swapped for LUNA and vice versa; that had always been how UST maintained its peg. But these were anything but normal times. The way the algorithm was designed, more LUNA would be printed to help reset the peg when it wobbled. Except now, the market dynamics were so out of balance that LUNA began printing at immeasurable rates. This led to extreme hyperinflation and the collapse in LUNA’s price.LUNA was now so cheap  —  trading for less than one cent  —  that the validators physically running Terra’s blockchain began calling for it to behalted, citing threats to the system’s security. UST was trading at 15 cents when Kwon was left with no choice but to shut it down to prevent a governance attack. The great game was over. His dream was dead.But if it sounds like his algorithm broke down in the end, that’s not exactly true — what broke was the economy built atop it. Even to the bitter end, as it tried to print infinite LUNA, Kwon’s algorithm worked exactly as designed.The totality of the crash hit LUNAtics especially hard. Two of the top three posts on the /r/TerraLuna subreddit are still about suicide. In other posts, users grappled with the magnitude of the crash as it unfolded (a typicaltitle: “My brain can’t process this is happening for real”). And thoughts on Kwon’s handling of the crash read like a communal diary of spiraling sentiment. One day, he’s a mastermind who knows exactly what he’s doing. The next, “Do Kwon's arrogance was Terra's downfall.”The blowback was sudden and unsettling. Kwon’s only two requests for our interview were that I avoid filming the faces of his employees or the location of his office, due to the flurry of death threats he’d received. By day six of the crash, a man had broken into his family’s apartment complex and rung their doorbell, forcing his wife to request emergency protection from Seoul police.Kwon doesn’t deny that the collapse of Terra caused incalculable pain. “It was brutal,” he tells me. And he counts himself among the victims, claiming to have lost most of his net worth in the crash. “I don't want to seem like my losses are larger in terms of emotional impact compared to people that had less to go on and then put [in] their entire life savings and then the Terra system went down. But I just want to make it perfectly clear that the way that I thought about Terra and Luna was — I mean, this was essentially my life. And I put my actions where my beliefs are. I bet big, and I think I lost.”He’s cagey about where his net worth now stands, a number that would be admittedly difficult to verify. Since crypto wallets start out anonymous, he could always ostensibly be hiding profits in wallets unknown to the public. “The reason why I didn’t want to advertise my wallet addresses is, number one, it's not going to work. People will just say I have more wallets, right?”But he’s unflinching when he asserts he made nothing off UST’s collapse. “I’ve never shorted a cryptocurrency in my life, let alone UST.” And he says that his wife, who runs a Korean hot sauce company, held her own coins “all the way down.” How does she feel about these past few months? As Kwon quotes her telling him, “One of the best and worst things about you is that you go all in on everything.”Try as I might to get a number out of him, he declines to elaborate on how much “all in” means in financial terms. “One of the jokes that people tell each other when markets turn bad is [that they’re] ‘down bad’ or ‘down horrendous,’” he says with a wistful smile. “And the word that I use to describe what happened here is ‘down infinite.’”So there was no getting around it now: Terra had failed, in plain sight and for all to see. The fatal flaws in Anchor and LFG’s reserves plan were now readily apparent. As it so often does, the market had eaten its own. But as crowdsourced autopsies of Terra’s ecosystem began in earnest, and Kwon’s legal team walked out, an alarming array of red flags seemed to pop up everywhere investors looked.Day 90: Down InfiniteIn June, about a month after the collapse, the Wall Street Journalreportedthat Chai — the real-world use case that Kwon frequently touted as evidence of Terra’s mainstream adoption — had, in fact, ceased its use of UST by the end of 2021. Kwon was still listing the Chai relationship as a selling point as late as March 23, 2022, when he brought it up as a reason to be bullish about Terra on the Pomp Podcast, hosted by crypto investor Anthony Pompliano.Kwon assures me he didn’t know that Chai’s usage had been discontinued when he made those claims. “We should have known better about how all of our different products were being used in different places like that,” he concedes.Which may well be true. But, put in context, it’s a revelation that seems interesting. Kwon helped found Chai with Daniel Shin. He had sat on Chai’s board. And what’s more — Shin was even the officiant at Kwon’s wedding. That Kwon would not have been aware of Chai’s decision requires a leap of faith.Yet, Kwon remains adamant when I press him: “By that point, other things in Terra were so large that I just wasn't paying attention to Chai very much. But that's definitely one of those things that we should have picked up on.”What Kwon knew and when will be a central question of any investigation into Terra’s collapse. The legal definition of fraud is the deliberate misrepresentation of facts as they’re known at the time, with the intent of inciting people to actions they otherwise would not take and causing harm. Well, the Chai use case was what attracted me to the Terra ecosystem in the first place — had I known the deal was dead, would I have exited my investment before or during the crash?Kwon, for one, doesn’t think so. In his mind, Terra was already a sure thing by that juncture, with or without Chai. “I think just psychologically, I had moved on from Chai as a use case, because that business wasn't growing, whereas, you know, there were dozens of different things that were being built on top of Terra. Tons of integrations like Anchor and Mirror were increasing in usership and things like that.\"\"I think what I spend time doing over the next 20 years is going to be more meaningful than what happened over the last six weeks.\"In case you didn’t think there were enough twists and turns in Kwon’s tale: Mirror was an unregulated copy of the stock market built atop Terra’s blockchain, which inevitably got Kwon subpoenaed by the U.S. Securities and Exchange Commission. In a cavalier Kwon comeback, he responded bysuing the SECfor improperly issuing the subpoena. There’s poking the bear, and then there’s challenging the bear to a fistfight.At this point, the SEC may be the least of Kwon’s problems. Among the various agencies around the world looking into all things Terra, Korean prosecutors have thus far been the most aggressive. But Kwon says he plans to cooperate when the time comes.“In terms of dealing with due process, it's not a question of what you are prepared to face, it’s a question of how you are going to face them. So what we're going to do is we're just going to put out the facts as we know them,” he tells me with trademark confidence.When I ask him how he defines fraud, he pauses so long, I feel like I’m the one who might be in trouble. “Well,if you knew something that wasn't true, and then you argue that that was true for personal enrichment or whatever purpose that might be, then that's fraud, right?” Pretty spot on, off the cuff. “I think it boils down to a question of whether you wanted to do the right thing.”But of course, many investors in Terra are no longer taking Kwon at his word. A number of former Terra users, including one of the loudest, have accused him ofextracting $2.7 billionfrom Terra’s reserves, a claim Kwonflatly denies. “In terms of how much UST [exchanges] were able to buy back, it matches the amount of Bitcoin that we gave them,” he points out. The blockchain may be built for transparency, but that has rarely made the whole truth any easier to find.Other allegations, Kwon has little trouble swatting down. Some news organizations reported on the existence of Flexi Corp, a Korean shell company linked to Kwon. With a wave of his hand, he explains that Terraform Labs had three subsidiary corporations in Korea, including Flexi Corp, but when he moved operations to Singapore before the crash, he “wound that entity down.” Other questions have been raised about how much money Terraform Labs was spending on operations through an effort calledProject Dawn; of the three million LUNA it let the company unlock per month, Kwon says the coins “were used to meet our obligations to investors and employee vesting. And once again, none of that went to me.”In the meantime  —  and as ever in crypto  —  those Ponzi claims continue to linger. In one sense, the argument that Terra was just one big elaborate Ponzi scheme is simple: Anchor promised fixed 20% returns for everyone who bought into the ecosystem. When that became unsustainable, everything crashed.On the other hand, this kind of “Ponzi-nomics” has long been actively debated in the crypto sphere. Plenty of traditional businesses use VC cash to subsidize everything from free lunches and taxi rides to subscriptions and movie tickets in order to gain a loyal customer base, raising prices or reducing benefits once they’ve established themselves as an essential part of our lives. Terra was arguably doing the same by subsidizing Anchor, and it worked as intended for years. Until, of course, it didn’t.For what it’s worth, Kwon makes a point of accepting responsibility for the crash. “I, and I alone, am responsible for any weaknesses that could have been presented for a short seller to start to take profit. The blame is on the person that presented those vulnerabilities in the first place,” he said. “That’s me.”Even so, that likely won’t satisfy the Korean justice system, which also appears intensely interested in making sense of Terra’s collapse. In between my two days of interviews with Kwon in Singapore, Korean authorities raided his cofounder Daniel Shin’s home, as well as Korean cryptocurrency exchanges that held UST-LUNA on the books.When I ask if he’s thinking about going back to Korea, he’s noncommittal. “It's kind of hard to make that decision, because we've never been in touch with the investigators. They've never charged us with anything. They haven't reached out to us at all.”Again, his casual calmness surprises me. When I float the prospect of jail time, he doesn’t miss a beat: “Life is long.”And his new lawyers? How do they feel about our conversation? Kwon all but laughs. “I mean, no lawyer is going to be happy.”As investigators and armchair detectives circle the case, regulators around the world are also now taking a closer look at stablecoins in the wake of Terra’s collapse. Under new rules passed in the EU known as MiCA, stablecoins like Tether and USDC will have to maintain an ample reserve backing to ward off death spirals like Terra’s. And in the U.S., some lawmakers hope to have a new federal regulation passed by the end of the year.Day 0In the meantime, Do Kwon is already trying again. Shortly after the crash, he launched Terra 2.0 — his swift attempt to start rebuilding his crypto empire, though this time with no algorithmic stablecoin attached. The new coin launched on May 28, and traded as high as $11 in the days that followed, though its price currently sits around $2. Million of dollars of “LUNA Classic” still trades hands every day, and some loyal developers are still building on the platform. But activity on its official forum remains sparse.“In terms of the future of Terra 2.0, one of the things that I'm banking on is a lot of the core of the community that was built up during the crash. I think they are primed to launch interesting things on top of 2.0 independent of the things that we do,” Kwon tells me, as enthusiastic as I’ve seen him. “I'm always going to be doing things on Terra and for the Terra community. This is my home and this is where I feel like there's the brightest future.”Some rival blockchains have attempted to hire away developers who worked on Terra, including Polygon and Kadena, which both announced millions in funding dedicated to poaching top talent. Kwon claims “most of Terraform Labs is still intact. We lost a lot of executives during the crash, but in terms of the overall headcount, we lost a total of two devs.”Beyond the collapse of Terra itself, there’s no chart I can point to revealing what remains of the market’s trust in Do Kwon. Its implosion caused many of us to lose incredible sums of money — almost certainly driving some away from the Terra ecosystem forever, if not the rest of crypto, too. Yet Kwon’s new venture will have to rely almost entirely on trust — both in him and in the resuscitated Terra ecosystem — in order to successfully rebuild. When asked about upcoming projects launching on Terra 2.0, Kwon was optimistic but sparing with details. “I would rather just leave these [upcoming products] to be a surprise. I think one of the lessons that I learned is you should probably not oversell things that don't exist yet.”What’s certain is that he doesn’t intend to be going anywhere. “I love crypto. I love Web3. I plan to be building here for a long time, and if my thesis is right that we are at the very early innings of what will turn out to be, in my hope, a world that runs on Web3, then I think what I spend time doing over the next 20 years is going to be more meaningful than what happened over the last six weeks.”Do Kwon announced the birth of his daughter Luna to the world on Twitter, calling her \"My dearest creation named after my greatest invention.\"As for his daughter Luna, Kwon doesn’t plan on changing her name. “Let's just say that I have an incentive to make sure that her name isn't something that she can be ashamed of, but something that she can be proud of.”He could have named his new project literally anything else too — conventional wisdom would be to create as much distance as possible from memories of crypto’s largest-ever collapse. But this is Do Kwon we’re talking about. So LUNA 2.0 it is.As we spill out of hot pot heaven on my last night in Singapore, Kwon stops along the road and gazes up at the night sky. He confesses he thought about another name, but just couldn’t bring himself to do it. “It’s right there,” he says, like we’re standing in a dream. “I stare up and see the moon, and just feel so attached to it.”On that count, at least, I still envy him. For me, it remains out of reach.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9993678465,"gmtCreate":1660692469159,"gmtModify":1676536378531,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993678465","repostId":"2260850828","repostType":4,"repost":{"id":"2260850828","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":1660684798,"share":"https://ttm.financial/m/news/2260850828?lang=&edition=fundamental","pubTime":"2022-08-17 05:19","market":"us","language":"en","title":"US STOCKS-Dow, S&P 500 Climb As Upbeat Results From Walmart, Others Boost Optimism","url":"https://stock-news.laohu8.com/highlight/detail?id=2260850828","media":"Reuters","summary":"(Reuters) - The Dow and S&P 500 rose on Tuesday as stronger-than-expected results and outlooks from ","content":"<html><head></head><body><p>(Reuters) - The Dow and S&amp;P 500 rose on Tuesday as stronger-than-expected results and outlooks from <a href=\"https://laohu8.com/S/WMT\">Walmart</a> and <a href=\"https://laohu8.com/S/HD\">Home Depot</a> bolstered views on the health of consumers, while technology shares declined and weighed on the Nasdaq.</p><p>The S&amp;P 500 consumer discretionary and staples sectors gave the benchmark index its biggest lift, while the S&amp;P 500 retail index rose 1.9%.</p><p>The S&amp;P 500 also came close to breaking above its 200-day moving average, a key technical level. The benchmark index has not closed above that level since early April.</p><p>Walmart Inc shares jumped 5.1% after the retailer forecast a smaller drop in full-year profit than previously projected, while Home Depot Inc gained 4.1% after it surpassed estimates for quarterly sales.</p><p>At the same time, the 10-year U.S. Treasury yield rose, weighing on technology and other high-growth stocks. Shares of Microsoft Corp were down 0.3% on Tuesday after recent gains.</p><p>After a harsh first half of the year, the S&amp;P 500 is up nearly 14% since the start of July, helped in part by better-than-expected earnings from Corporate America.</p><p>Investors have also been optimistic lately that the Federal Reserve can achieve a soft landing for the economy as it tightens policy and raises interest rates to reduce decades-high inflation.</p><p>&#34;When you transition from a bear market to a bull market, especially one where the Fed is raising rates and there are concerns over the consumer, you really want to see consumer discretionary underpinned by enthusiasm. And today&#39;s move in discretionary names is positive for the market,&#34; said Quincy Krosby, chief global strategist for LPL Financial in Charlotte, North Carolina.</p><p>Walmart in July slashed its profit forecast amid surging prices for food and fuel.</p><p>The Dow Jones Industrial Average rose 239.57 points, or 0.71%, to 34,152.01, the S&amp;P 500 gained 8.06 points, or 0.19%, to 4,305.2 and the Nasdaq Composite dropped 25.50 points, or 0.19%, to 13,102.55.</p><p>With results in from the majority of S&amp;P 500 companies, second-quarter earnings are expected to have risen 9.7% from a year earlier, compared with 5.6% estimated on July 1, according to IBES data from Refinitiv.</p><p>Shares of Target Corp, which reports quarterly results early on Wednesday, closed 4.6% higher.</p><p>Still, investors will be anxious to see July U.S. retail sales data, which is due on Wednesday as well. Also on Wednesday, the Fed is scheduled to release minutes from its July policy meeting.</p><p>Investor sentiment is still bearish, but no longer &#34;apocalyptically&#34; so, according to BofA&#39;s monthly survey of global fund managers in August.</p><p>Volume on U.S. exchanges was 10.92 billion shares, compared with the 10.96 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.22-to-1 ratio; on Nasdaq, a 1.21-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 8 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 82 new highs and 40 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Dow, S&P 500 Climb As Upbeat Results From Walmart, Others Boost Optimism</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Dow, S&P 500 Climb As Upbeat Results From Walmart, Others Boost Optimism\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-17 05:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - The Dow and S&amp;P 500 rose on Tuesday as stronger-than-expected results and outlooks from <a href=\"https://laohu8.com/S/WMT\">Walmart</a> and <a href=\"https://laohu8.com/S/HD\">Home Depot</a> bolstered views on the health of consumers, while technology shares declined and weighed on the Nasdaq.</p><p>The S&amp;P 500 consumer discretionary and staples sectors gave the benchmark index its biggest lift, while the S&amp;P 500 retail index rose 1.9%.</p><p>The S&amp;P 500 also came close to breaking above its 200-day moving average, a key technical level. The benchmark index has not closed above that level since early April.</p><p>Walmart Inc shares jumped 5.1% after the retailer forecast a smaller drop in full-year profit than previously projected, while Home Depot Inc gained 4.1% after it surpassed estimates for quarterly sales.</p><p>At the same time, the 10-year U.S. Treasury yield rose, weighing on technology and other high-growth stocks. Shares of Microsoft Corp were down 0.3% on Tuesday after recent gains.</p><p>After a harsh first half of the year, the S&amp;P 500 is up nearly 14% since the start of July, helped in part by better-than-expected earnings from Corporate America.</p><p>Investors have also been optimistic lately that the Federal Reserve can achieve a soft landing for the economy as it tightens policy and raises interest rates to reduce decades-high inflation.</p><p>&#34;When you transition from a bear market to a bull market, especially one where the Fed is raising rates and there are concerns over the consumer, you really want to see consumer discretionary underpinned by enthusiasm. And today&#39;s move in discretionary names is positive for the market,&#34; said Quincy Krosby, chief global strategist for LPL Financial in Charlotte, North Carolina.</p><p>Walmart in July slashed its profit forecast amid surging prices for food and fuel.</p><p>The Dow Jones Industrial Average rose 239.57 points, or 0.71%, to 34,152.01, the S&amp;P 500 gained 8.06 points, or 0.19%, to 4,305.2 and the Nasdaq Composite dropped 25.50 points, or 0.19%, to 13,102.55.</p><p>With results in from the majority of S&amp;P 500 companies, second-quarter earnings are expected to have risen 9.7% from a year earlier, compared with 5.6% estimated on July 1, according to IBES data from Refinitiv.</p><p>Shares of Target Corp, which reports quarterly results early on Wednesday, closed 4.6% higher.</p><p>Still, investors will be anxious to see July U.S. retail sales data, which is due on Wednesday as well. Also on Wednesday, the Fed is scheduled to release minutes from its July policy meeting.</p><p>Investor sentiment is still bearish, but no longer &#34;apocalyptically&#34; so, according to BofA&#39;s monthly survey of global fund managers in August.</p><p>Volume on U.S. exchanges was 10.92 billion shares, compared with the 10.96 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.22-to-1 ratio; on Nasdaq, a 1.21-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 8 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 82 new highs and 40 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260850828","content_text":"(Reuters) - The Dow and S&P 500 rose on Tuesday as stronger-than-expected results and outlooks from Walmart and Home Depot bolstered views on the health of consumers, while technology shares declined and weighed on the Nasdaq.The S&P 500 consumer discretionary and staples sectors gave the benchmark index its biggest lift, while the S&P 500 retail index rose 1.9%.The S&P 500 also came close to breaking above its 200-day moving average, a key technical level. The benchmark index has not closed above that level since early April.Walmart Inc shares jumped 5.1% after the retailer forecast a smaller drop in full-year profit than previously projected, while Home Depot Inc gained 4.1% after it surpassed estimates for quarterly sales.At the same time, the 10-year U.S. Treasury yield rose, weighing on technology and other high-growth stocks. Shares of Microsoft Corp were down 0.3% on Tuesday after recent gains.After a harsh first half of the year, the S&P 500 is up nearly 14% since the start of July, helped in part by better-than-expected earnings from Corporate America.Investors have also been optimistic lately that the Federal Reserve can achieve a soft landing for the economy as it tightens policy and raises interest rates to reduce decades-high inflation.\"When you transition from a bear market to a bull market, especially one where the Fed is raising rates and there are concerns over the consumer, you really want to see consumer discretionary underpinned by enthusiasm. And today's move in discretionary names is positive for the market,\" said Quincy Krosby, chief global strategist for LPL Financial in Charlotte, North Carolina.Walmart in July slashed its profit forecast amid surging prices for food and fuel.The Dow Jones Industrial Average rose 239.57 points, or 0.71%, to 34,152.01, the S&P 500 gained 8.06 points, or 0.19%, to 4,305.2 and the Nasdaq Composite dropped 25.50 points, or 0.19%, to 13,102.55.With results in from the majority of S&P 500 companies, second-quarter earnings are expected to have risen 9.7% from a year earlier, compared with 5.6% estimated on July 1, according to IBES data from Refinitiv.Shares of Target Corp, which reports quarterly results early on Wednesday, closed 4.6% higher.Still, investors will be anxious to see July U.S. retail sales data, which is due on Wednesday as well. Also on Wednesday, the Fed is scheduled to release minutes from its July policy meeting.Investor sentiment is still bearish, but no longer \"apocalyptically\" so, according to BofA's monthly survey of global fund managers in August.Volume on U.S. exchanges was 10.92 billion shares, compared with the 10.96 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 1.22-to-1 ratio; on Nasdaq, a 1.21-to-1 ratio favored decliners.The S&P 500 posted 8 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 82 new highs and 40 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9993974239,"gmtCreate":1660618789424,"gmtModify":1676536367124,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993974239","repostId":"2259216560","repostType":4,"repost":{"id":"2259216560","kind":"highlight","pubTimestamp":1660617618,"share":"https://ttm.financial/m/news/2259216560?lang=&edition=fundamental","pubTime":"2022-08-16 10:40","market":"us","language":"en","title":"TSLA Stock Has 3 Million Reasons to Climb Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=2259216560","media":"InvestorPlace","summary":"Tesla has reached an important milestone.According to Elon Musk, the company has produced over 3 mil","content":"<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> has reached an important milestone.</li><li>According to Elon Musk, the company has produced over 3 million cars.</li><li>TSLA stock is rising today as the electric vehicle leader celebrates.</li></ul><p>Investors have been watching <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> stock closely since the company confirmed its 3-for-1 stock split. But this weekend brought more good news in a different category. On Sunday, Aug. 14, Elon Musk tweeted that the number of Tesla vehicles produced worldwide has surpassed 3 million.</p><p>Given the supply chain and production constraints that the electric vehicle leader has faced this year, that is no small feat. TSLA stock is rising today on a steady, upward trajectory. This growth may have more to do with broader market forces than company-specific news, but Tesla’s milestone still hints at a more prosperous future.</p><p>The 3-million benchmark demonstrates that the company will not be held down, no matter how many supply chain and labor constraints it encounters.</p><p>Let’s take a look at the bigger picture.</p><h3>What This Means for TSLA Stock</h3><p>Tesla crossed this important production threshold at its Shanghai Gigafactory, a facility whose doors were closed only a few months ago. Yesterday, Musk tweeted the following, acknowledging its efforts:</p><p><img src=\"https://static.tigerbbs.com/49bab6edbb397fe8bbad397679b1f9b6\" tg-width=\"501\" tg-height=\"439\" referrerpolicy=\"no-referrer\"/></p><p>Investors should that Tesla reached the 3-million mark with two only factories doing most of the work for much of 2022. <i>Barron’s</i> reports that the Shanghai and Fremont factories were the driving forces that pushed production this far. As the outlet notes:</p><blockquote>Tesla started shipping vehicles out of Shanghai around the start of 2020. It took that plant less than two years to hit 1 million units shipped. The Fremont plant took almost 10 years to ship the same amount. Of course, Tesla added new, lower-priced models, starting with the Model 3 back in 2017.</blockquote><p>It added, though, that Tesla is working hard to ramp up production both in Austin and Berlin. If the company can successfully do that, it can scale production significantly in the months ahead. This should be particularly encouraging for investors. <i>InvestorPlace</i> analyst Louis Navellier recently weighed in on concerns about slow growth at these two facilities:</p><blockquote>Looking beyond the headline quote, the idling at Tesla’s Berlin and Austin Gigafactories is a classic, short-term challenge. These factories aren’t white elephants. They may indeed be burning through billions of dollars at the moment, but that is because of a specific issue — and it’s not lack of demand.</blockquote><p>Tesla’s recent production success indicates that his forecast has held up. Less than two months later, TSLA stock has soared above $900 per share. As Navellier noted, EV demand has only increased and Tesla is redoubling its efforts to meet it.</p><p>Investors should take the 3 million milestone as a sign that TSLA stock is back on the path toward long-term growth.</p></body></html>","source":"investorplace","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>TSLA Stock Has 3 Million Reasons to Climb Higher</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\">\nTSLA Stock Has 3 Million Reasons to Climb Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-16 10:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/08/tsla-stock-has-3-million-reasons-to-climb-higher/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla has reached an important milestone.According to Elon Musk, the company has produced over 3 million cars.TSLA stock is rising today as the electric vehicle leader celebrates.Investors have been ...</p>\n\n<a href=\"https://investorplace.com/2022/08/tsla-stock-has-3-million-reasons-to-climb-higher/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://investorplace.com/2022/08/tsla-stock-has-3-million-reasons-to-climb-higher/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2259216560","content_text":"Tesla has reached an important milestone.According to Elon Musk, the company has produced over 3 million cars.TSLA stock is rising today as the electric vehicle leader celebrates.Investors have been watching Tesla stock closely since the company confirmed its 3-for-1 stock split. But this weekend brought more good news in a different category. On Sunday, Aug. 14, Elon Musk tweeted that the number of Tesla vehicles produced worldwide has surpassed 3 million.Given the supply chain and production constraints that the electric vehicle leader has faced this year, that is no small feat. TSLA stock is rising today on a steady, upward trajectory. This growth may have more to do with broader market forces than company-specific news, but Tesla’s milestone still hints at a more prosperous future.The 3-million benchmark demonstrates that the company will not be held down, no matter how many supply chain and labor constraints it encounters.Let’s take a look at the bigger picture.What This Means for TSLA StockTesla crossed this important production threshold at its Shanghai Gigafactory, a facility whose doors were closed only a few months ago. Yesterday, Musk tweeted the following, acknowledging its efforts:Investors should that Tesla reached the 3-million mark with two only factories doing most of the work for much of 2022. Barron’s reports that the Shanghai and Fremont factories were the driving forces that pushed production this far. As the outlet notes:Tesla started shipping vehicles out of Shanghai around the start of 2020. It took that plant less than two years to hit 1 million units shipped. The Fremont plant took almost 10 years to ship the same amount. Of course, Tesla added new, lower-priced models, starting with the Model 3 back in 2017.It added, though, that Tesla is working hard to ramp up production both in Austin and Berlin. If the company can successfully do that, it can scale production significantly in the months ahead. This should be particularly encouraging for investors. InvestorPlace analyst Louis Navellier recently weighed in on concerns about slow growth at these two facilities:Looking beyond the headline quote, the idling at Tesla’s Berlin and Austin Gigafactories is a classic, short-term challenge. These factories aren’t white elephants. They may indeed be burning through billions of dollars at the moment, but that is because of a specific issue — and it’s not lack of demand.Tesla’s recent production success indicates that his forecast has held up. Less than two months later, TSLA stock has soared above $900 per share. As Navellier noted, EV demand has only increased and Tesla is redoubling its efforts to meet it.Investors should take the 3 million milestone as a sign that TSLA stock is back on the path toward long-term growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999861877,"gmtCreate":1660519962502,"gmtModify":1676533482560,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999861877","repostId":"1195722111","repostType":4,"repost":{"id":"1195722111","kind":"news","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":1660518290,"share":"https://ttm.financial/m/news/1195722111?lang=&edition=fundamental","pubTime":"2022-08-15 07:04","market":"us","language":"en","title":"Retail Sales, Fed Minutes, and a Summer Market Rally: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1195722111","media":"Reuters","summary":"News out of the retail sector could be the latest data to drive markets higher in the week ahead.Aft","content":"<html><head></head><body><p>News out of the retail sector could be the latest data to drive markets higher in the week ahead.</p><p>After a series of better-than-expected economic prints helped stoke renewed optimism on Wall Street, investors will get key earnings reports from retailers and the July retail sales report from the Commerce Department this week.</p><p><a href=\"https://laohu8.com/S/WMT\">Walmart </a>, <a href=\"https://laohu8.com/S/TGT\">Target</a>, and the <a href=\"https://laohu8.com/S/HD\">Home Depot</a> are all set to release quarterly results, and July&#39;s retail sales report is set for release Wednesday morning.</p><p>Also on Wednesday, investors will comb through the minutes from the Federal Reserve’s policy-setting meeting last month.</p><p>On Friday, U.S. stocks capped their longest winning weekly streak since November 2021. The S&amp;P 500 closed higher for a fourth straight week, officially retracing 50% of losses since plunging from its all-time January high.</p><p>The Nasdaq gained 3.8% from Monday to Friday to close above 13,000 for the first time since April 25, and the Dow Jones Industrial Average advanced 2.9% for the week.</p><p>Nearly 90% of stocks in the S&amp;P 500 are now above their 50-day moving average, Carson Group’s Ryan Detrick pointed out in an interview with Yahoo Finance Live.</p><p>“It’s extremely rare to go right back down to make new lows when you have that much breadth,” Detrick said. “The messaging of the market has been very strong, and to see that much breadth is a really good thing, probably for a continuation of this summer rally.”</p><p>The Commerce Department is set to release its monthly retail sales report for July on Wednesday, with economists expecting headline sales rose 0.1%, a modest increase after climbing 1.0% in June. Sales excluding auto and gas likely rose 0.3%, according to Bloomberg estimates.</p><p>Bank of America projects core control sales, which net out autos, gas, building materials and restaurants, climbed by a “hefty” 0.9%.</p><p>“Combined with softer-than-expected inflation, this should imply solid gains in real consumer spending in July,” BofA economists said in a note. “If our forecast for July retail sales proves accurate, it would suggest that household spending is off to a fast start in Q3 and pose upside risk to our forecast for another modest decline in real GDP in the quarter.”</p><p>On the earnings front,retail heavyweights are set to report second-quarter results, beginning with Walmart on Tuesday. The megastore’s latest financials will come just weeks after the company slashed its forecast and announced plans for corporate layoffs and restructuring. Target, Home Depot, and a bevy of other retailers will follow suit later in the week.</p><p>Target also ignited worries about the retail sector in June with aafter announcing plansto liquidate massive amounts of slow-moving inventory and take a more cautious view on near-term profits,preparing Wall Street for a worrisome earnings season for retailers.</p><p>Investors expect results may reflect continued pressure from inflation, rising interest rates, and supply chain disruptions. Warnings from Walmart and Target last quarter about a pullback in consumer spending sent shares tumbling and rattled the retail sector and markets at large.</p><p>&#34;There is this pivot happening from discretionary and general merchandise into necessities,&#34; Jefferies AnalystStephanie Wissink told Yahoo Finance Livelast month. &#34;The household is having to make discriminate decisions every single week about funding that inflation.&#34;</p><p>Walmart CEO Doug McMillon said in late Julyincreasing levels of food and fuel inflation were pressuring consumer spending and apparel required more markdown dollars, but the company was “encouraged” by the start on spending for school supplies in its U.S. stores.</p><p>Back-to-school spending will be a closely watched metric as retails report, with internal data from <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> suggesting consumers started back-to-school shopping earlier this year, which could help boost retail earnings.</p><p>“Despite weakening demand for goods and worries around the resilience of consumer spending, back-to-school season kicked off on a strong footing,” economists at Bank of America said in a report last week. “An earlier back-to-school season could be positive for consumer spending in July though it put downward pressure to spending in August as spending may have been pulled forward.”</p><p>Elsewhere in the week ahead, minutes from the Fed’s July meeting out Wednesday may give investors a better picture of where policymakers see interest rates this fall and whether the U.S. central bank reached peak hawkishness when it hiked rates by 75 basis points for a second consecutive time last month.</p><p>Key data on the housing market is also due out Tuesday and Thursday, with the release of housing starts and existing home sales data.</p><h2>Economic Calendar</h2><p><b>Monday:</b> Empire Manufacturing, August (5.0 expected, 11.1 during prior month), NAHB Housing Market Index, August (55 expected, 55 during prior month), Net Long-Term TIC Outflows, June ($155.3 billion during prior month), Total Net TIC Outflows, June (182.5 billion during prior month)</p><p><b>Tuesday:</b> Building permits, July (1.645 million expected, 1.685 million during prior month, upwardly revised to 1.696 million), Building permits, month-over-month, July (-3.0% expected, 0.6% during prior month, downwardly revised to 0.1%), Housing Starts, July (1.532 million expected, 1.559 during prior month), Housing Starts, month-over-month, July (-1.7% expected, -2.0% during prior month), Industrial Production, month-over-month, July (0.3% expected, -0.2% during prior month), Capacity Utilization, July (80.2% expected, 80% during prior month), Manufacturing (SIC) Production, July (0.2% expected, -0.5% during prior month)</p><p><b>Wednesday:</b> MBA Mortgage Applications, week ended August 12 (0.2% during prior week), Retail Sales Advance, month-over-month, July (0.1% expected, 1.0% during prior month), Retail Sales excluding autos, month-over-month, July (-0.1% expected, 1.0% during prior month), Retail Sales excluding autos and gas, month-over-month, July (0.3% expected, 0.7% during prior month), Retail Sales Control Group, July (0.6% expected, 0.8% during prior month), Business Inventories, June (1.4% expected, 1.4% during prior month), FOMC Meeting Minutes</p><p><b>Thursday:</b> Initial jobless claims, week ended August 13 (265,000 expected, 262,000 during prior week), Continuing claims, week ended August 6 (1.428 during prior week), Philadelphia Fed Business Outlook Index, August (-4.5 expected, -12.3 during prior month), Existing Home Sales, July (4.85 million expected, 5.12 million during prior month), Existing Home Sales, month-over-month, July (-5.3% expected, -5.4% during prior month), <a href=\"https://laohu8.com/S/LBIX\">Leading</a> Index, July (-0.5% expected, -0.8% in during prior month)</p><p><b>Friday:</b> <i>No notable reports scheduled for release.</i></p><h2>Earnings Calendar</h2><h2><img src=\"https://static.tigerbbs.com/75e1dfc3e30dbce05d18d873f509790e\" tg-width=\"2046\" tg-height=\"1443\" width=\"100%\" height=\"auto\"/></h2><p><b>Monday:</b> Blend Labs (BLND), Compass (COMP), <a href=\"https://laohu8.com/S/FN\">Fabrinet</a> (FN), <a href=\"https://laohu8.com/S/TME\">Tencent Music</a> (TME), Weber (WEBR), World Wrestling (WWE), ZipRecruiter (ZIP)</p><p><b>Tuesday:</b> Walmart (WMT), Home Depot (HD), <a href=\"https://laohu8.com/S/LITE\">Lumentum</a> (LITE), Sea Limited (SE)</p><p><b>Wednesday:</b> Lowe’s (LOW), Amcor (AMCR), <a href=\"https://laohu8.com/S/ADI\">Analog Devices</a> (ADI), Bath &amp; Body Works (BBWI), <a href=\"https://laohu8.com/S/CSCO\">Cisco</a> Systems (CSCO), Krispy Kreme (DNUT), <a href=\"https://laohu8.com/S/PFGC\">Performance Food</a> Group (PFGC), <a href=\"https://laohu8.com/S/SNPS\">Synopsys</a> (SNPS), Target (TGT), The Children&#39;s Place (PLCE), <a href=\"https://laohu8.com/S/TJX\">TJX Companies</a> (TJX), Wolfspeed (WOLF)</p><p><b>Thursday:</b> BJ&#39;s Wholesale Club Holdings (BJ), <a href=\"https://laohu8.com/S/AMAT\">Applied Materials</a> (AMAT), Bilibili (BILI), <a href=\"https://laohu8.com/S/EL\">Estee Lauder</a> (EL), Kohl&#39;s (KSS), Melco Resorts &amp; Entertainment (MLCO), Nio (NIO), <a href=\"https://laohu8.com/S/ROST\">Ross</a> Stores (ROST), Tapestry (TPR)</p><p><b>Friday:</b> <a href=\"https://laohu8.com/S/BKE\">Buckle</a> (BKE), Deere (DE), <a href=\"https://laohu8.com/S/FL\">Foot Locker</a> (FL)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Retail Sales, Fed Minutes, and a Summer Market Rally: What to Know This Week</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\">\nRetail Sales, Fed Minutes, and a Summer Market Rally: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-15 07:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>News out of the retail sector could be the latest data to drive markets higher in the week ahead.</p><p>After a series of better-than-expected economic prints helped stoke renewed optimism on Wall Street, investors will get key earnings reports from retailers and the July retail sales report from the Commerce Department this week.</p><p><a href=\"https://laohu8.com/S/WMT\">Walmart </a>, <a href=\"https://laohu8.com/S/TGT\">Target</a>, and the <a href=\"https://laohu8.com/S/HD\">Home Depot</a> are all set to release quarterly results, and July&#39;s retail sales report is set for release Wednesday morning.</p><p>Also on Wednesday, investors will comb through the minutes from the Federal Reserve’s policy-setting meeting last month.</p><p>On Friday, U.S. stocks capped their longest winning weekly streak since November 2021. The S&amp;P 500 closed higher for a fourth straight week, officially retracing 50% of losses since plunging from its all-time January high.</p><p>The Nasdaq gained 3.8% from Monday to Friday to close above 13,000 for the first time since April 25, and the Dow Jones Industrial Average advanced 2.9% for the week.</p><p>Nearly 90% of stocks in the S&amp;P 500 are now above their 50-day moving average, Carson Group’s Ryan Detrick pointed out in an interview with Yahoo Finance Live.</p><p>“It’s extremely rare to go right back down to make new lows when you have that much breadth,” Detrick said. “The messaging of the market has been very strong, and to see that much breadth is a really good thing, probably for a continuation of this summer rally.”</p><p>The Commerce Department is set to release its monthly retail sales report for July on Wednesday, with economists expecting headline sales rose 0.1%, a modest increase after climbing 1.0% in June. Sales excluding auto and gas likely rose 0.3%, according to Bloomberg estimates.</p><p>Bank of America projects core control sales, which net out autos, gas, building materials and restaurants, climbed by a “hefty” 0.9%.</p><p>“Combined with softer-than-expected inflation, this should imply solid gains in real consumer spending in July,” BofA economists said in a note. “If our forecast for July retail sales proves accurate, it would suggest that household spending is off to a fast start in Q3 and pose upside risk to our forecast for another modest decline in real GDP in the quarter.”</p><p>On the earnings front,retail heavyweights are set to report second-quarter results, beginning with Walmart on Tuesday. The megastore’s latest financials will come just weeks after the company slashed its forecast and announced plans for corporate layoffs and restructuring. Target, Home Depot, and a bevy of other retailers will follow suit later in the week.</p><p>Target also ignited worries about the retail sector in June with aafter announcing plansto liquidate massive amounts of slow-moving inventory and take a more cautious view on near-term profits,preparing Wall Street for a worrisome earnings season for retailers.</p><p>Investors expect results may reflect continued pressure from inflation, rising interest rates, and supply chain disruptions. Warnings from Walmart and Target last quarter about a pullback in consumer spending sent shares tumbling and rattled the retail sector and markets at large.</p><p>&#34;There is this pivot happening from discretionary and general merchandise into necessities,&#34; Jefferies AnalystStephanie Wissink told Yahoo Finance Livelast month. &#34;The household is having to make discriminate decisions every single week about funding that inflation.&#34;</p><p>Walmart CEO Doug McMillon said in late Julyincreasing levels of food and fuel inflation were pressuring consumer spending and apparel required more markdown dollars, but the company was “encouraged” by the start on spending for school supplies in its U.S. stores.</p><p>Back-to-school spending will be a closely watched metric as retails report, with internal data from <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> suggesting consumers started back-to-school shopping earlier this year, which could help boost retail earnings.</p><p>“Despite weakening demand for goods and worries around the resilience of consumer spending, back-to-school season kicked off on a strong footing,” economists at Bank of America said in a report last week. “An earlier back-to-school season could be positive for consumer spending in July though it put downward pressure to spending in August as spending may have been pulled forward.”</p><p>Elsewhere in the week ahead, minutes from the Fed’s July meeting out Wednesday may give investors a better picture of where policymakers see interest rates this fall and whether the U.S. central bank reached peak hawkishness when it hiked rates by 75 basis points for a second consecutive time last month.</p><p>Key data on the housing market is also due out Tuesday and Thursday, with the release of housing starts and existing home sales data.</p><h2>Economic Calendar</h2><p><b>Monday:</b> Empire Manufacturing, August (5.0 expected, 11.1 during prior month), NAHB Housing Market Index, August (55 expected, 55 during prior month), Net Long-Term TIC Outflows, June ($155.3 billion during prior month), Total Net TIC Outflows, June (182.5 billion during prior month)</p><p><b>Tuesday:</b> Building permits, July (1.645 million expected, 1.685 million during prior month, upwardly revised to 1.696 million), Building permits, month-over-month, July (-3.0% expected, 0.6% during prior month, downwardly revised to 0.1%), Housing Starts, July (1.532 million expected, 1.559 during prior month), Housing Starts, month-over-month, July (-1.7% expected, -2.0% during prior month), Industrial Production, month-over-month, July (0.3% expected, -0.2% during prior month), Capacity Utilization, July (80.2% expected, 80% during prior month), Manufacturing (SIC) Production, July (0.2% expected, -0.5% during prior month)</p><p><b>Wednesday:</b> MBA Mortgage Applications, week ended August 12 (0.2% during prior week), Retail Sales Advance, month-over-month, July (0.1% expected, 1.0% during prior month), Retail Sales excluding autos, month-over-month, July (-0.1% expected, 1.0% during prior month), Retail Sales excluding autos and gas, month-over-month, July (0.3% expected, 0.7% during prior month), Retail Sales Control Group, July (0.6% expected, 0.8% during prior month), Business Inventories, June (1.4% expected, 1.4% during prior month), FOMC Meeting Minutes</p><p><b>Thursday:</b> Initial jobless claims, week ended August 13 (265,000 expected, 262,000 during prior week), Continuing claims, week ended August 6 (1.428 during prior week), Philadelphia Fed Business Outlook Index, August (-4.5 expected, -12.3 during prior month), Existing Home Sales, July (4.85 million expected, 5.12 million during prior month), Existing Home Sales, month-over-month, July (-5.3% expected, -5.4% during prior month), <a href=\"https://laohu8.com/S/LBIX\">Leading</a> Index, July (-0.5% expected, -0.8% in during prior month)</p><p><b>Friday:</b> <i>No notable reports scheduled for release.</i></p><h2>Earnings Calendar</h2><h2><img src=\"https://static.tigerbbs.com/75e1dfc3e30dbce05d18d873f509790e\" tg-width=\"2046\" tg-height=\"1443\" width=\"100%\" height=\"auto\"/></h2><p><b>Monday:</b> Blend Labs (BLND), Compass (COMP), <a href=\"https://laohu8.com/S/FN\">Fabrinet</a> (FN), <a href=\"https://laohu8.com/S/TME\">Tencent Music</a> (TME), Weber (WEBR), World Wrestling (WWE), ZipRecruiter (ZIP)</p><p><b>Tuesday:</b> Walmart (WMT), Home Depot (HD), <a href=\"https://laohu8.com/S/LITE\">Lumentum</a> (LITE), Sea Limited (SE)</p><p><b>Wednesday:</b> Lowe’s (LOW), Amcor (AMCR), <a href=\"https://laohu8.com/S/ADI\">Analog Devices</a> (ADI), Bath &amp; Body Works (BBWI), <a href=\"https://laohu8.com/S/CSCO\">Cisco</a> Systems (CSCO), Krispy Kreme (DNUT), <a href=\"https://laohu8.com/S/PFGC\">Performance Food</a> Group (PFGC), <a href=\"https://laohu8.com/S/SNPS\">Synopsys</a> (SNPS), Target (TGT), The Children&#39;s Place (PLCE), <a href=\"https://laohu8.com/S/TJX\">TJX Companies</a> (TJX), Wolfspeed (WOLF)</p><p><b>Thursday:</b> BJ&#39;s Wholesale Club Holdings (BJ), <a href=\"https://laohu8.com/S/AMAT\">Applied Materials</a> (AMAT), Bilibili (BILI), <a href=\"https://laohu8.com/S/EL\">Estee Lauder</a> (EL), Kohl&#39;s (KSS), Melco Resorts &amp; Entertainment (MLCO), Nio (NIO), <a href=\"https://laohu8.com/S/ROST\">Ross</a> Stores (ROST), Tapestry (TPR)</p><p><b>Friday:</b> <a href=\"https://laohu8.com/S/BKE\">Buckle</a> (BKE), Deere (DE), <a href=\"https://laohu8.com/S/FL\">Foot Locker</a> (FL)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195722111","content_text":"News out of the retail sector could be the latest data to drive markets higher in the week ahead.After a series of better-than-expected economic prints helped stoke renewed optimism on Wall Street, investors will get key earnings reports from retailers and the July retail sales report from the Commerce Department this week.Walmart , Target, and the Home Depot are all set to release quarterly results, and July's retail sales report is set for release Wednesday morning.Also on Wednesday, investors will comb through the minutes from the Federal Reserve’s policy-setting meeting last month.On Friday, U.S. stocks capped their longest winning weekly streak since November 2021. The S&P 500 closed higher for a fourth straight week, officially retracing 50% of losses since plunging from its all-time January high.The Nasdaq gained 3.8% from Monday to Friday to close above 13,000 for the first time since April 25, and the Dow Jones Industrial Average advanced 2.9% for the week.Nearly 90% of stocks in the S&P 500 are now above their 50-day moving average, Carson Group’s Ryan Detrick pointed out in an interview with Yahoo Finance Live.“It’s extremely rare to go right back down to make new lows when you have that much breadth,” Detrick said. “The messaging of the market has been very strong, and to see that much breadth is a really good thing, probably for a continuation of this summer rally.”The Commerce Department is set to release its monthly retail sales report for July on Wednesday, with economists expecting headline sales rose 0.1%, a modest increase after climbing 1.0% in June. Sales excluding auto and gas likely rose 0.3%, according to Bloomberg estimates.Bank of America projects core control sales, which net out autos, gas, building materials and restaurants, climbed by a “hefty” 0.9%.“Combined with softer-than-expected inflation, this should imply solid gains in real consumer spending in July,” BofA economists said in a note. “If our forecast for July retail sales proves accurate, it would suggest that household spending is off to a fast start in Q3 and pose upside risk to our forecast for another modest decline in real GDP in the quarter.”On the earnings front,retail heavyweights are set to report second-quarter results, beginning with Walmart on Tuesday. The megastore’s latest financials will come just weeks after the company slashed its forecast and announced plans for corporate layoffs and restructuring. Target, Home Depot, and a bevy of other retailers will follow suit later in the week.Target also ignited worries about the retail sector in June with aafter announcing plansto liquidate massive amounts of slow-moving inventory and take a more cautious view on near-term profits,preparing Wall Street for a worrisome earnings season for retailers.Investors expect results may reflect continued pressure from inflation, rising interest rates, and supply chain disruptions. Warnings from Walmart and Target last quarter about a pullback in consumer spending sent shares tumbling and rattled the retail sector and markets at large.\"There is this pivot happening from discretionary and general merchandise into necessities,\" Jefferies AnalystStephanie Wissink told Yahoo Finance Livelast month. \"The household is having to make discriminate decisions every single week about funding that inflation.\"Walmart CEO Doug McMillon said in late Julyincreasing levels of food and fuel inflation were pressuring consumer spending and apparel required more markdown dollars, but the company was “encouraged” by the start on spending for school supplies in its U.S. stores.Back-to-school spending will be a closely watched metric as retails report, with internal data from Bank of America suggesting consumers started back-to-school shopping earlier this year, which could help boost retail earnings.“Despite weakening demand for goods and worries around the resilience of consumer spending, back-to-school season kicked off on a strong footing,” economists at Bank of America said in a report last week. “An earlier back-to-school season could be positive for consumer spending in July though it put downward pressure to spending in August as spending may have been pulled forward.”Elsewhere in the week ahead, minutes from the Fed’s July meeting out Wednesday may give investors a better picture of where policymakers see interest rates this fall and whether the U.S. central bank reached peak hawkishness when it hiked rates by 75 basis points for a second consecutive time last month.Key data on the housing market is also due out Tuesday and Thursday, with the release of housing starts and existing home sales data.Economic CalendarMonday: Empire Manufacturing, August (5.0 expected, 11.1 during prior month), NAHB Housing Market Index, August (55 expected, 55 during prior month), Net Long-Term TIC Outflows, June ($155.3 billion during prior month), Total Net TIC Outflows, June (182.5 billion during prior month)Tuesday: Building permits, July (1.645 million expected, 1.685 million during prior month, upwardly revised to 1.696 million), Building permits, month-over-month, July (-3.0% expected, 0.6% during prior month, downwardly revised to 0.1%), Housing Starts, July (1.532 million expected, 1.559 during prior month), Housing Starts, month-over-month, July (-1.7% expected, -2.0% during prior month), Industrial Production, month-over-month, July (0.3% expected, -0.2% during prior month), Capacity Utilization, July (80.2% expected, 80% during prior month), Manufacturing (SIC) Production, July (0.2% expected, -0.5% during prior month)Wednesday: MBA Mortgage Applications, week ended August 12 (0.2% during prior week), Retail Sales Advance, month-over-month, July (0.1% expected, 1.0% during prior month), Retail Sales excluding autos, month-over-month, July (-0.1% expected, 1.0% during prior month), Retail Sales excluding autos and gas, month-over-month, July (0.3% expected, 0.7% during prior month), Retail Sales Control Group, July (0.6% expected, 0.8% during prior month), Business Inventories, June (1.4% expected, 1.4% during prior month), FOMC Meeting MinutesThursday: Initial jobless claims, week ended August 13 (265,000 expected, 262,000 during prior week), Continuing claims, week ended August 6 (1.428 during prior week), Philadelphia Fed Business Outlook Index, August (-4.5 expected, -12.3 during prior month), Existing Home Sales, July (4.85 million expected, 5.12 million during prior month), Existing Home Sales, month-over-month, July (-5.3% expected, -5.4% during prior month), Leading Index, July (-0.5% expected, -0.8% in during prior month)Friday: No notable reports scheduled for release.Earnings CalendarMonday: Blend Labs (BLND), Compass (COMP), Fabrinet (FN), Tencent Music (TME), Weber (WEBR), World Wrestling (WWE), ZipRecruiter (ZIP)Tuesday: Walmart (WMT), Home Depot (HD), Lumentum (LITE), Sea Limited (SE)Wednesday: Lowe’s (LOW), Amcor (AMCR), Analog Devices (ADI), Bath & Body Works (BBWI), Cisco Systems (CSCO), Krispy Kreme (DNUT), Performance Food Group (PFGC), Synopsys (SNPS), Target (TGT), The Children's Place (PLCE), TJX Companies (TJX), Wolfspeed (WOLF)Thursday: BJ's Wholesale Club Holdings (BJ), Applied Materials (AMAT), Bilibili (BILI), Estee Lauder (EL), Kohl's (KSS), Melco Resorts & Entertainment (MLCO), Nio (NIO), Ross Stores (ROST), Tapestry (TPR)Friday: Buckle (BKE), Deere (DE), Foot Locker (FL)","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990402922,"gmtCreate":1660382004268,"gmtModify":1676533462853,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990402922","repostId":"1129150866","repostType":4,"repost":{"id":"1129150866","kind":"news","pubTimestamp":1660352614,"share":"https://ttm.financial/m/news/1129150866?lang=&edition=fundamental","pubTime":"2022-08-13 09:03","market":"us","language":"en","title":"Why Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231","url":"https://stock-news.laohu8.com/highlight/detail?id=1129150866","media":"MarketWatch","summary":"Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa. It’s based on a sequence of whole numbers in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/e150d7de731c2e2e0ebee4395029900d\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>The S&amp;P 500 index on Friday finished above a chart level that delivered a dose of encouragement to stock-market bulls arguing that the U.S. bear-market bottom is in, though technical analysts warned that it might not be a signal to go all in on equities.</p><p>The S&amp;P 500 on Friday rose 1.7% to close at 4,280.15. The finish above 4,231 would mean the large-cap benchmark has recovered — or retraced — more than 50% of its fall from a Jan. 3 record finish at 4796.56.</p><p>“Since 1950 there has never been a bear market rally that exceeded the 50% retracement and then gone on to make new cycle lows,” said Jonathan Krinsky, chief market technician at BTIG, in a note earlier this month.</p><p>Stocks rose across the board Friday, with the S&amp;P 500 booking a fourth straight weekly gain. The Dow Jones Industrial Average advanced more than 420 points, or 1.3%, on Friday and the Nasdaq Composite rose 2.1%. The S&amp;P 500 attempted to complete the retracement in Thursday’s session, when it traded as high as 4,257.91, but gave up gains to end at 4,207.27.</p><p>Krinsky, in a Thursday update, had noted that an intraday breach of the level doesn’t cut it, but had cautioned that a close above 4,231 would still leave him cautious about the near-term outlook.</p><p>“Because the retracement is based on a closing basis, we would want to see a close above 4,231 to trigger that signal. Whether or not that happens, however, the tactical risk/reward looks poor to us here,” he wrote.</p><p>What’s so special about a 50% retracement? Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa. It’s based on a sequence of whole numbers in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…).</p><p>If a number in the sequence is divided by the next number, for example 8 divided by 13, the result is near 0.618, a ratio that’s been dubbed the Golden Mean due to its prevalence in nature in everything from seashells to ocean waves to proportions of the human body. Back on Wall Street, technical analysts see key retracement targets for a rally from a significant low to a significant peak at 38.2%, 50% and 61.8%, while retracements of 23.6% and 76.4% are seen as secondary targets.</p><p>The push above the 50% retracement level during Thursday’s recession may have contributed to a round of selling itself, said Jeff deGraaf, founder of Renaissance Macro Research, in a Friday note.</p><p>He observed that the retracement corresponded to a 65-day high for the S&amp;P 500, offering another indication of an improving trend in a bear market as it represents the highest level of the last rolling quarter. A 65-day high is often seen as a default signal for commodity trading advisers, not just in the S&amp;P 500 but in commodity, bond and forex markets as well.</p><p>“That level coincidentally corresponded with the 50% retracement level of the bear market,” he wrote. “In essence, it forced the hand of one group to cover shorts (CTAs) while simultaneously giving another group (Fibonacci followers) an excuse to sell” on Thursday.</p><p>Krinsky, meanwhile, cautioned that previous 50% retracements in 1974, 2004, and 2009 all saw decent shakeouts shortly after clearing that threshold.</p><p>“Further, as the market has cheered ‘peak inflation’, we are now seeing a quiet resurgence in many commodities, and bonds continue to weaken,” he wrote Thursday.</p></body></html>","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>Why Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231</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 Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-13 09:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-stock-market-bulls-are-obsessed-with-the-4-231-level-for-the-s-p-500-11660309355?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 index on Friday finished above a chart level that delivered a dose of encouragement to stock-market bulls arguing that the U.S. bear-market bottom is in, though technical analysts warned ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-stock-market-bulls-are-obsessed-with-the-4-231-level-for-the-s-p-500-11660309355?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":{".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/why-stock-market-bulls-are-obsessed-with-the-4-231-level-for-the-s-p-500-11660309355?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129150866","content_text":"The S&P 500 index on Friday finished above a chart level that delivered a dose of encouragement to stock-market bulls arguing that the U.S. bear-market bottom is in, though technical analysts warned that it might not be a signal to go all in on equities.The S&P 500 on Friday rose 1.7% to close at 4,280.15. The finish above 4,231 would mean the large-cap benchmark has recovered — or retraced — more than 50% of its fall from a Jan. 3 record finish at 4796.56.“Since 1950 there has never been a bear market rally that exceeded the 50% retracement and then gone on to make new cycle lows,” said Jonathan Krinsky, chief market technician at BTIG, in a note earlier this month.Stocks rose across the board Friday, with the S&P 500 booking a fourth straight weekly gain. The Dow Jones Industrial Average advanced more than 420 points, or 1.3%, on Friday and the Nasdaq Composite rose 2.1%. The S&P 500 attempted to complete the retracement in Thursday’s session, when it traded as high as 4,257.91, but gave up gains to end at 4,207.27.Krinsky, in a Thursday update, had noted that an intraday breach of the level doesn’t cut it, but had cautioned that a close above 4,231 would still leave him cautious about the near-term outlook.“Because the retracement is based on a closing basis, we would want to see a close above 4,231 to trigger that signal. Whether or not that happens, however, the tactical risk/reward looks poor to us here,” he wrote.What’s so special about a 50% retracement? Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa. It’s based on a sequence of whole numbers in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…).If a number in the sequence is divided by the next number, for example 8 divided by 13, the result is near 0.618, a ratio that’s been dubbed the Golden Mean due to its prevalence in nature in everything from seashells to ocean waves to proportions of the human body. Back on Wall Street, technical analysts see key retracement targets for a rally from a significant low to a significant peak at 38.2%, 50% and 61.8%, while retracements of 23.6% and 76.4% are seen as secondary targets.The push above the 50% retracement level during Thursday’s recession may have contributed to a round of selling itself, said Jeff deGraaf, founder of Renaissance Macro Research, in a Friday note.He observed that the retracement corresponded to a 65-day high for the S&P 500, offering another indication of an improving trend in a bear market as it represents the highest level of the last rolling quarter. A 65-day high is often seen as a default signal for commodity trading advisers, not just in the S&P 500 but in commodity, bond and forex markets as well.“That level coincidentally corresponded with the 50% retracement level of the bear market,” he wrote. “In essence, it forced the hand of one group to cover shorts (CTAs) while simultaneously giving another group (Fibonacci followers) an excuse to sell” on Thursday.Krinsky, meanwhile, cautioned that previous 50% retracements in 1974, 2004, and 2009 all saw decent shakeouts shortly after clearing that threshold.“Further, as the market has cheered ‘peak inflation’, we are now seeing a quiet resurgence in many commodities, and bonds continue to weaken,” he wrote Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9015531788,"gmtCreate":1649507172601,"gmtModify":1676534523011,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015531788","repostId":"2225524274","repostType":4,"repost":{"id":"2225524274","kind":"highlight","pubTimestamp":1649462464,"share":"https://ttm.financial/m/news/2225524274?lang=&edition=fundamental","pubTime":"2022-04-09 08:01","market":"us","language":"en","title":"Want $1 Million in Retirement? Invest $100,000 in These 3 Stocks and Wait a Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2225524274","media":"Motley Fool","summary":"The math adds up if these companies can keep performing.","content":"<html><head></head><body><p>Who wants to be a millionaire? With the possible exception of billionaires, just about everyone does. The idea spawned a British (and then an American) quiz show. On television, it can happen overnight.</p><p>In investing, becoming a millionaire takes time. Buying shares of high-performing companies can, over time, produce life-changing gains. <b>The</b> <b>Trade</b> <b>Desk</b>, <b>Paycom Software</b>, and <b>Align</b> <b>Technology</b> are three that I believe have that potential.</p><p>Let&#39;s look at their earnings, growth rates, and valuations to see how they could transform a $100,000 portfolio into a seven-figure retirement nest egg over the next decade.</p><h2>1. The Trade Desk</h2><p>There is an old saying in the advertising business that half of ad spending is wasted, but nobody knows which half. The Trade Desk is eliminating that waste with its data-driven self-service platform. Its customers manage their ad spending on more than 500 billion digital opportunities per day. The goal is to help customers make the most intelligent ad-buying decisions and provide them with an abundance of performance feedback. In today&#39;s digital economy, it&#39;s invaluable.</p><p>And business is growing like a weed. Earnings per share (EPS) are expected to climb more than 23% next year. That&#39;s a reasonable rate to use in our calculation. The company has grown revenue 375% over the past five years. Also, gross spend on Trade Desk&#39;s platform climbed 47% last year to $6.2 billion. And management pegs the global ad-spend opportunity at $750 billion, with about $50 billion in display advertising. That offers plenty of room to grow for years.</p><p><img src=\"https://static.tigerbbs.com/3105e52ee3274f0a262bd444d428b18f\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TTD revenue (TTM). Data by YCharts. TTM = trailing 12 months.</p><p>Wall Street sees the potential. The Trade Desk&#39;s price-to-earnings (P/E) ratio has varied between 40 and 120 over the past few years. We&#39;ll use 50 for our calculations.</p><p>Doing the math on an initial investment of $33,333.33 (a third of the $100,000) leads to a stake in The Trade Desk worth almost $190,000 in 2032. That relies on bold assumptions. But they are well within what the company has delivered so far.</p><h2>2. Paycom</h2><p>Paycom offers businesses a platform to manage employee payroll, time and attendance, and benefits administration, among other things. Its product was built for the cloud. That&#39;s different from many traditional human capital management (HCM) vendors that have pieced together acquired software over the years.</p><p>Customers can clearly tell the difference. Paycom topped $1 billion in revenue last year for the first time, a 26% increase over 2020. Most importantly, that revenue is recurring and sticky. Revenue retention was 94% in 2021. Customers stick around once they start using the platform.</p><p>Before the pandemic, Paycom&#39;s top line was expanding between 30% and 45% each year. We&#39;ll use last year&#39;s 26% for our calculation and apply a multiple of 60 times earnings. That seems high. But shares have stayed within a range of 50 to 100 times earnings over the years.</p><p>For Paycom, that <a href=\"https://laohu8.com/S/AONE.U\">one</a>-third of the $100,000 hypothetically invested in 2022 turns into more than $350,000 a decade from now. That would make it a 10-bagger. While it might seem unlikely, if the market continues to reward predictable revenue, and Paycom continues to grow, it&#39;s possible. After all, its $1.1 billion in 2021 revenue is a drop in the bucket of an HCM market that is predicted to reach $47 billion by 2029.</p><h2>3. Align Technology</h2><p>The company best known for its Invisalign clear teeth-straightening system is actually a vertically integrated combination of several businesses. They all help people get straighter teeth faster, and orthodontists and dentists see more clients every year. It also provides scanners and software -- two acquisitions -- that help practitioners develop and communicate a plan for patients.</p><p>The growth opportunity is tremendous. Management estimates 500 million potential customers in the world with 21 million orthodontic starts each year -- two-thirds of them teens. For context, it shipped 2.55 million aligners last year.</p><p>Align is the crown jewel in our attempt to grow a million-dollar portfolio. The $33,333.33 invested in it could grow over the next 10 years into $461,000. That&#39;s assuming the $12.50 analysts expect this year grows at the midpoint of management&#39;s long-term guidance of 20% to 30% a year. Similar to the other two stocks, Align typically trades at a premium. We&#39;ll use 50 times earnings, slightly above the bottom of the 40 to 100 historical P/E range. It&#39;s an amazing potential return when running the numbers.</p><h2>&#34;It&#39;s tough to make predictions, especially about the future&#34;</h2><p>That quote from Yankees legend Yogi Berra underscores a key point in the analysis above. No one knows what the world is going to look like in 10 years. Investors with a long-term mindset need to block out the noise without being irresponsible.</p><p>The Trade Desk, Paycom, and Align have all grown rapidly while turning a profit. I expect that to continue. If the assumptions hold, a $100,000 investment will be worth $1 million in 10 short years.</p><p><img src=\"https://static.tigerbbs.com/0b4adf9eeb7896d353fe014f3f351429\" tg-width=\"700\" tg-height=\"302\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Calculations and chart by author.</p><p>It&#39;s an interesting exercise that relies on the past as a guide. If the performance changes, so can the outcome. That&#39;s why it&#39;s best to build a diversified portfolio of a lot more than three stocks.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Want $1 Million in Retirement? Invest $100,000 in These 3 Stocks and Wait a Decade</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\">\nWant $1 Million in Retirement? Invest $100,000 in These 3 Stocks and Wait a Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-09 08:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/08/want-1-million-in-retirement-invest-100000-in-thes/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Who wants to be a millionaire? With the possible exception of billionaires, just about everyone does. The idea spawned a British (and then an American) quiz show. On television, it can happen ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/08/want-1-million-in-retirement-invest-100000-in-thes/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HCM":"和黄医药","BK4531":"中概回港概念","BK4523":"印度概念","TTM":"塔塔汽车","BK4007":"制药","BK4099":"汽车制造商"},"source_url":"https://www.fool.com/investing/2022/04/08/want-1-million-in-retirement-invest-100000-in-thes/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2225524274","content_text":"Who wants to be a millionaire? With the possible exception of billionaires, just about everyone does. The idea spawned a British (and then an American) quiz show. On television, it can happen overnight.In investing, becoming a millionaire takes time. Buying shares of high-performing companies can, over time, produce life-changing gains. The Trade Desk, Paycom Software, and Align Technology are three that I believe have that potential.Let's look at their earnings, growth rates, and valuations to see how they could transform a $100,000 portfolio into a seven-figure retirement nest egg over the next decade.1. The Trade DeskThere is an old saying in the advertising business that half of ad spending is wasted, but nobody knows which half. The Trade Desk is eliminating that waste with its data-driven self-service platform. Its customers manage their ad spending on more than 500 billion digital opportunities per day. The goal is to help customers make the most intelligent ad-buying decisions and provide them with an abundance of performance feedback. In today's digital economy, it's invaluable.And business is growing like a weed. Earnings per share (EPS) are expected to climb more than 23% next year. That's a reasonable rate to use in our calculation. The company has grown revenue 375% over the past five years. Also, gross spend on Trade Desk's platform climbed 47% last year to $6.2 billion. And management pegs the global ad-spend opportunity at $750 billion, with about $50 billion in display advertising. That offers plenty of room to grow for years.TTD revenue (TTM). Data by YCharts. TTM = trailing 12 months.Wall Street sees the potential. The Trade Desk's price-to-earnings (P/E) ratio has varied between 40 and 120 over the past few years. We'll use 50 for our calculations.Doing the math on an initial investment of $33,333.33 (a third of the $100,000) leads to a stake in The Trade Desk worth almost $190,000 in 2032. That relies on bold assumptions. But they are well within what the company has delivered so far.2. PaycomPaycom offers businesses a platform to manage employee payroll, time and attendance, and benefits administration, among other things. Its product was built for the cloud. That's different from many traditional human capital management (HCM) vendors that have pieced together acquired software over the years.Customers can clearly tell the difference. Paycom topped $1 billion in revenue last year for the first time, a 26% increase over 2020. Most importantly, that revenue is recurring and sticky. Revenue retention was 94% in 2021. Customers stick around once they start using the platform.Before the pandemic, Paycom's top line was expanding between 30% and 45% each year. We'll use last year's 26% for our calculation and apply a multiple of 60 times earnings. That seems high. But shares have stayed within a range of 50 to 100 times earnings over the years.For Paycom, that one-third of the $100,000 hypothetically invested in 2022 turns into more than $350,000 a decade from now. That would make it a 10-bagger. While it might seem unlikely, if the market continues to reward predictable revenue, and Paycom continues to grow, it's possible. After all, its $1.1 billion in 2021 revenue is a drop in the bucket of an HCM market that is predicted to reach $47 billion by 2029.3. Align TechnologyThe company best known for its Invisalign clear teeth-straightening system is actually a vertically integrated combination of several businesses. They all help people get straighter teeth faster, and orthodontists and dentists see more clients every year. It also provides scanners and software -- two acquisitions -- that help practitioners develop and communicate a plan for patients.The growth opportunity is tremendous. Management estimates 500 million potential customers in the world with 21 million orthodontic starts each year -- two-thirds of them teens. For context, it shipped 2.55 million aligners last year.Align is the crown jewel in our attempt to grow a million-dollar portfolio. The $33,333.33 invested in it could grow over the next 10 years into $461,000. That's assuming the $12.50 analysts expect this year grows at the midpoint of management's long-term guidance of 20% to 30% a year. Similar to the other two stocks, Align typically trades at a premium. We'll use 50 times earnings, slightly above the bottom of the 40 to 100 historical P/E range. It's an amazing potential return when running the numbers.\"It's tough to make predictions, especially about the future\"That quote from Yankees legend Yogi Berra underscores a key point in the analysis above. No one knows what the world is going to look like in 10 years. Investors with a long-term mindset need to block out the noise without being irresponsible.The Trade Desk, Paycom, and Align have all grown rapidly while turning a profit. I expect that to continue. If the assumptions hold, a $100,000 investment will be worth $1 million in 10 short years.Calculations and chart by author.It's an interesting exercise that relies on the past as a guide. If the performance changes, so can the outcome. That's why it's best to build a diversified portfolio of a lot more than three stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9097688171,"gmtCreate":1645442278224,"gmtModify":1676534027972,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097688171","repostId":"2212245076","repostType":4,"repost":{"id":"2212245076","kind":"highlight","pubTimestamp":1645345805,"share":"https://ttm.financial/m/news/2212245076?lang=&edition=fundamental","pubTime":"2022-02-20 16:30","market":"us","language":"en","title":"3 Stocks That Turned $5,000 Into $10,000 (or More) in Just a Few Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2212245076","media":"Motley Fool","summary":"Investors don't have to find a proverbial diamond in the rough to score big gains. They just have to look for sustainable growth and settle in.","content":"<html><head></head><body><p>Contrary to a commonly held belief, the buy-and-hold approach to investing isn&#39;t dead. It&#39;s not even on the defensive, nor does it only work if you find the market&#39;s up-and-comers at the right time. You can still reap huge profits using blue-chip stocks well after they&#39;ve become blue chips.</p><p>Here&#39;s a closer look at three familiar names that dished out triple-digit percentage gains on their stocks just within the past few years, and could do the same again over the course of the next few years.</p><h2>1. Alphabet</h2><p><b>Alphabet</b> (NASDAQ:GOOG) (NASDAQ:GOOGL) is of course the company behind search engine behemoth Google, which according to GlobalStats&#39; statcounter handles more than 90% of the world&#39;s web searches -- a market share the company has enjoyed for a long, long time. The Google brand also accounts for around two-thirds of Alphabet&#39;s top line, and (for the time being, anyway) all of the company&#39;s actual profits.</p><p>And what profit growth we&#39;ve seen. Last year&#39;s net income of $76 billion is leaps and bounds better than the $9.7 billion bottom line the company produced 10 years ago, back in 2011. The stock&#39;s price has rallied nearly 800% during that timeframe, from $305 per share then to $2,720 now.</p><p>That&#39;s a tough act to follow, leading some investors to think Alphabet&#39;s highest-growth days are behind it. And, perhaps they are. The world certainly seems to already be using the world wide web as much as it feasibly can. What&#39;s left to drive future growth?</p><p>As it turns out though, there&#39;s still plenty of opportunities for Alphabet to continue its expansion. The company&#39;s Android is also the world&#39;s most popular mobile operating system, with GlobalStats data indicating it&#39;s installed on 70% of the world&#39;s actively used mobile devices. This market isn&#39;t saturated yet, meaning there&#39;s plenty more growth potential in the cards for the advertisement and app-selling platform. In the meantime, Alphabet continues to refine its YouTube property, which boasts 2 billion users per month consuming over 1 billion hours&#39; worth of video content every single day. Alphabet is also showing strong growth in the ever-expanding area of cloud services with its Google Cloud offering.</p><h2>2. Walmart</h2><p>It&#39;s not known or viewed by investors as a high-octane investment, but <b>Walmart</b> (NYSE:WMT) stock has been surprisingly rewarding in recent years despite the fact that <b>Amazon</b> (NASDAQ:AMZN) has encroached on its turf. Shares of the world&#39;s biggest brick-and-mortar retailer are up more than 90% for the past five years, and higher by 125% for the past 10. That reflects annualized revenue growth from $440 billion then to more than $570 billion now.</p><p>Profits haven&#39;t grown nearly as much, but for good reason -- the company continues to invest in it is future, and in e-commerce in particular. Walmart&#39;s also earmarked $14 billion specifically for automation and supply chain improvements, which are ultimately meant to support its growing online marketplace.</p><p>There&#39;s more going on here, however, than the establishment of an e-commerce presence that can at least compete with Amazon.com. Its online shopping efforts are just part of a bigger-picture effort to become more of a lifestyle company akin to Amazon. Primary healthcare, premium private label wine, subscription-based delivery of online orders, and tech-installation services are all part of the bigger plan to make Walmart the go-to name consumers lean on.</p><p>In that, the plan is working (albeit it at a snail&#39;s pace), don&#39;t be surprised to see shares double again over the course of the next 10 years.</p><h2>3. Amazon</h2><p>While nearly everything Walmart does these days is first and foremost meant to combat Amazon.com, that hasn&#39;t prevented the e-commerce giant from growing like crazy. Amazon&#39;s revenue has improved from 2011&#39;s $48 billion to last year&#39;s $470 billion. The stock&#39;s up more than 1,700% for that timeframe, however, buoyed by earnings growth that has dramatically outpaced sales growth thanks to the launch of the company&#39;s cloud computing arm, Amazon Web Services. As it turns out, cloud computing is a considerably more profitable venture than selling merchandise online is.</p><p>It&#39;s unlikely Amazon stock will be able to repeat the feat by 2032. A great deal of the rally stems from the fact that not many people saw the growth coming, and therefore underestimated the stock back in 2012. Investors won&#39;t make the same mistake again.</p><p>Still, even producing half of the gain it produced over the course of the past 10 years during the next 10 years would be a huge win for shareholders.</p><p>And there&#39;s little reason to dismiss the possibility. Amazon is constantly evolving in ways that set the stage for more growth. For instance, the company confirmed it generated $31 billion worth of advertising revenue last year, and that&#39;s despite the service being relatively young, unrefined, and not fully understood by advertisers. Other more nuanced growth drivers include payment services, point-of-sale solutions, and even a grocery store business that cements its relationships with consumers in place. There&#39;s certainly no reason <i>not</i> to expect more big things from the company, and its stock.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks That Turned $5,000 Into $10,000 (or More) in Just a Few Years</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\">\n3 Stocks That Turned $5,000 Into $10,000 (or More) in Just a Few Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-20 16:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/18/3-stocks-that-turned-5000-into-10000-or-more/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Contrary to a commonly held belief, the buy-and-hold approach to investing isn't dead. It's not even on the defensive, nor does it only work if you find the market's up-and-comers at the right time. ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/18/3-stocks-that-turned-5000-into-10000-or-more/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.fool.com/investing/2022/02/18/3-stocks-that-turned-5000-into-10000-or-more/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2212245076","content_text":"Contrary to a commonly held belief, the buy-and-hold approach to investing isn't dead. It's not even on the defensive, nor does it only work if you find the market's up-and-comers at the right time. You can still reap huge profits using blue-chip stocks well after they've become blue chips.Here's a closer look at three familiar names that dished out triple-digit percentage gains on their stocks just within the past few years, and could do the same again over the course of the next few years.1. AlphabetAlphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) is of course the company behind search engine behemoth Google, which according to GlobalStats' statcounter handles more than 90% of the world's web searches -- a market share the company has enjoyed for a long, long time. The Google brand also accounts for around two-thirds of Alphabet's top line, and (for the time being, anyway) all of the company's actual profits.And what profit growth we've seen. Last year's net income of $76 billion is leaps and bounds better than the $9.7 billion bottom line the company produced 10 years ago, back in 2011. The stock's price has rallied nearly 800% during that timeframe, from $305 per share then to $2,720 now.That's a tough act to follow, leading some investors to think Alphabet's highest-growth days are behind it. And, perhaps they are. The world certainly seems to already be using the world wide web as much as it feasibly can. What's left to drive future growth?As it turns out though, there's still plenty of opportunities for Alphabet to continue its expansion. The company's Android is also the world's most popular mobile operating system, with GlobalStats data indicating it's installed on 70% of the world's actively used mobile devices. This market isn't saturated yet, meaning there's plenty more growth potential in the cards for the advertisement and app-selling platform. In the meantime, Alphabet continues to refine its YouTube property, which boasts 2 billion users per month consuming over 1 billion hours' worth of video content every single day. Alphabet is also showing strong growth in the ever-expanding area of cloud services with its Google Cloud offering.2. WalmartIt's not known or viewed by investors as a high-octane investment, but Walmart (NYSE:WMT) stock has been surprisingly rewarding in recent years despite the fact that Amazon (NASDAQ:AMZN) has encroached on its turf. Shares of the world's biggest brick-and-mortar retailer are up more than 90% for the past five years, and higher by 125% for the past 10. That reflects annualized revenue growth from $440 billion then to more than $570 billion now.Profits haven't grown nearly as much, but for good reason -- the company continues to invest in it is future, and in e-commerce in particular. Walmart's also earmarked $14 billion specifically for automation and supply chain improvements, which are ultimately meant to support its growing online marketplace.There's more going on here, however, than the establishment of an e-commerce presence that can at least compete with Amazon.com. Its online shopping efforts are just part of a bigger-picture effort to become more of a lifestyle company akin to Amazon. Primary healthcare, premium private label wine, subscription-based delivery of online orders, and tech-installation services are all part of the bigger plan to make Walmart the go-to name consumers lean on.In that, the plan is working (albeit it at a snail's pace), don't be surprised to see shares double again over the course of the next 10 years.3. AmazonWhile nearly everything Walmart does these days is first and foremost meant to combat Amazon.com, that hasn't prevented the e-commerce giant from growing like crazy. Amazon's revenue has improved from 2011's $48 billion to last year's $470 billion. The stock's up more than 1,700% for that timeframe, however, buoyed by earnings growth that has dramatically outpaced sales growth thanks to the launch of the company's cloud computing arm, Amazon Web Services. As it turns out, cloud computing is a considerably more profitable venture than selling merchandise online is.It's unlikely Amazon stock will be able to repeat the feat by 2032. A great deal of the rally stems from the fact that not many people saw the growth coming, and therefore underestimated the stock back in 2012. Investors won't make the same mistake again.Still, even producing half of the gain it produced over the course of the past 10 years during the next 10 years would be a huge win for shareholders.And there's little reason to dismiss the possibility. Amazon is constantly evolving in ways that set the stage for more growth. For instance, the company confirmed it generated $31 billion worth of advertising revenue last year, and that's despite the service being relatively young, unrefined, and not fully understood by advertisers. Other more nuanced growth drivers include payment services, point-of-sale solutions, and even a grocery store business that cements its relationships with consumers in place. There's certainly no reason not to expect more big things from the company, and its stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9020852392,"gmtCreate":1652612809816,"gmtModify":1676535128997,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"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/9020852392","repostId":"2235748594","repostType":4,"repost":{"id":"2235748594","kind":"highlight","pubTimestamp":1652578501,"share":"https://ttm.financial/m/news/2235748594?lang=&edition=fundamental","pubTime":"2022-05-15 09:35","market":"us","language":"en","title":"Should You Buy the S&P 500's 4 Worst-Performing 2022 Stocks?","url":"https://stock-news.laohu8.com/highlight/detail?id=2235748594","media":"Motley Fool","summary":"The sellers seem to have overshot their targets with certain stocks, pricing in a scenario that's unlikely to happen.","content":"<html><head></head><body><p>If you&#39;re a bargain-shopping kind of investor, there are certainly plenty of stocks on sale here. The<b> S&amp;P 500</b> (^GSPC 2.39%) is down nearly 19% year to date, while many of its constituents are dramatically deeper in the red.</p><p>Beaten-down prices alone aren&#39;t enough of a reason to start scooping up stocks though, no matter how big their pullbacks might be. A company still has to be a name worth owning for the long haul, regardless of its price.</p><p>And, that&#39;s a tough thing to figure out for the S&amp;P 500&#39;s four worst performers for 2022 so far.</p><h2>What went wrong</h2><p>If you&#39;re wondering, the biggest losers among the S&amp;P 500&#39;s tickers so far this year are <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b> (PYPL 6.11%), <b>Align Technology</b> (ALGN 6.16%), <b>Etsy</b> (ETSY 4.80%), and <b>Netflix</b> (NFLX 7.65%), down 63%, 64%, 70%, and 75%, respectively, since the end of 2021. Ouch!</p><p>At first blush, there&#39;s not a common thread. Netflix was crushed because, for the first time in its history, it lost subscribers. Align Technology (the name behind Invisalign dental braces) is struggling with the lingering impact of the COVID-19 pandemic. E-commerce platform Etsy is still trying to figure out what it is in a marketplace that includes competitors like <b>Amazon</b>, as well as empowering, DIY e-commerce platforms like those offered by <b>Shopify</b>. And PayPal? Despite continued revenue growth, investors still believe alternative payment options will chip away at its market share.</p><p>There&#39;s more commonality to these setbacks, however, than there seems on the surface. With the exception of Align, investors were genuinely surprised these companies&#39; smashing successes seen in 2020 and into 2021 -- in the throes of the COVID-19 pandemic -- didn&#39;t persist into 2022.</p><p>In other words, the wrong kind of surprise can wreak havoc on a stock.</p><p>As for Align, while it never really thrived or suffered due to the coronavirus contagion (aside from logistical challenges linked to lockdowns), it&#39;s still dealing with the pandemic&#39;s fallout that&#39;s lasting far longer than anyone initially feared it might. Now the specter of an economic recession is prompting some consumers to rethink the immediate need for straighter teeth. Even so, it&#39;s an unexpected headwind that&#39;s rattling investors, turning them into sellers.</p><h2>Overzealous</h2><p>On the surface, it seems somewhat irrelevant. While the market may not have seen these struggles brewing, the sell-offs these tickers have dished out still just reflect how these companies are performing right now.</p><p>Except, that may not quite be the case.</p><p>Yes, the direction these stocks have been moving jibes with the turn these companies&#39; businesses have taken. The depth to which investors respond to lackluster results, however, can vary depending on expectations. If the market knows that so-so earnings are in the cards, the revelation of lackluster numbers doesn&#39;t send investors into a panic...when the selling really ramps up. If investors know to brace for bad news, then stocks are typically eased into a more appropriate price to reflect that reality.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F679670%2Fbuy-hold-sell.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><p>The alternative? Shock takes an exaggerated toll on a stock&#39;s price. That&#39;s largely what&#39;s happened here with these four names.</p><p>Shock also distracts people from looking at the future rather than the past, when they should be doing just that.</p><p>Perhaps most problematic, however, is that these sell-offs have reached extreme proportions only because stocks tend to move in a herd. Once the selling stampede starts, it&#39;s tough to stop it, even when lower prices may not be merited for most of them.</p><h2>Think bigger-picture</h2><p>The question remains, however: Should you buy the S&amp;P 500&#39;s four worst-performing stocks of 2022 so far?</p><p>This isn&#39;t always the case, but right now, yes -- these stocks are too sold-off for long-term, buy-and-hold investors interested in them to simply pass them up.</p><p>While the pullbacks made enough sense, fear and panic have arguably taken more of a toll than they should have. Investors, as a crowd, are starting to think a little more level-headed though. While they know 2022 could be tough, they&#39;re also starting to see these aforementioned companies have viable plans to deal with it.</p><p>Netflix, for instance, could launch an ad-supported version of its streaming service as early as this year, appealing to value-minded senses that will be heightened if the economy is weak. While PayPal may be facing a kind of competition it&#39;s never faced before, it&#39;s also innovating new ways to keep its place as the world&#39;s biggest digital payment middleman. Just last month, it unveiled a cash-back credit card, and late last year allowed e-commerce sites built by <b>Wix</b> to offer buy-now, pay-later loans to their customers. Align and Etsy are adjusting, too.</p><p>Yet, none of these stocks&#39; already-overblown sell-offs reflect these initiatives.</p><p>And it&#39;s not just these four companies. A bunch of great stocks have been dragged lower than they deserve to be, for all the wrong reasons.</p><p>That&#39;s not to suggest any of these names have hit their absolute bottom, mind you. They may still lose more ground. It is to say, however, now that the dust of the knee-jerk selling is starting to settle as we push past the hysteria, the market&#39;s starting to realize that at least with some stocks, the selling was more than a little overboard. That makes many of these names great buys now, even if we&#39;re not all the way through the turbulence just yet. Better to be a little too early than a lot too late.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should You Buy the S&P 500's 4 Worst-Performing 2022 Stocks?</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 the S&P 500's 4 Worst-Performing 2022 Stocks?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-15 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/14/should-you-buy-the-sp-500s-4-worst-performing-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you're a bargain-shopping kind of investor, there are certainly plenty of stocks on sale here. The S&P 500 (^GSPC 2.39%) is down nearly 19% year to date, while many of its constituents are ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/14/should-you-buy-the-sp-500s-4-worst-performing-2022/\">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","BK4504":"桥水持仓","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF","BK4534":"瑞士信贷持仓","BK4559":"巴菲特持仓","BK4581":"高盛持仓",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","OEX":"标普100","BK4550":"红杉资本持仓"},"source_url":"https://www.fool.com/investing/2022/05/14/should-you-buy-the-sp-500s-4-worst-performing-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2235748594","content_text":"If you're a bargain-shopping kind of investor, there are certainly plenty of stocks on sale here. The S&P 500 (^GSPC 2.39%) is down nearly 19% year to date, while many of its constituents are dramatically deeper in the red.Beaten-down prices alone aren't enough of a reason to start scooping up stocks though, no matter how big their pullbacks might be. A company still has to be a name worth owning for the long haul, regardless of its price.And, that's a tough thing to figure out for the S&P 500's four worst performers for 2022 so far.What went wrongIf you're wondering, the biggest losers among the S&P 500's tickers so far this year are PayPal (PYPL 6.11%), Align Technology (ALGN 6.16%), Etsy (ETSY 4.80%), and Netflix (NFLX 7.65%), down 63%, 64%, 70%, and 75%, respectively, since the end of 2021. Ouch!At first blush, there's not a common thread. Netflix was crushed because, for the first time in its history, it lost subscribers. Align Technology (the name behind Invisalign dental braces) is struggling with the lingering impact of the COVID-19 pandemic. E-commerce platform Etsy is still trying to figure out what it is in a marketplace that includes competitors like Amazon, as well as empowering, DIY e-commerce platforms like those offered by Shopify. And PayPal? Despite continued revenue growth, investors still believe alternative payment options will chip away at its market share.There's more commonality to these setbacks, however, than there seems on the surface. With the exception of Align, investors were genuinely surprised these companies' smashing successes seen in 2020 and into 2021 -- in the throes of the COVID-19 pandemic -- didn't persist into 2022.In other words, the wrong kind of surprise can wreak havoc on a stock.As for Align, while it never really thrived or suffered due to the coronavirus contagion (aside from logistical challenges linked to lockdowns), it's still dealing with the pandemic's fallout that's lasting far longer than anyone initially feared it might. Now the specter of an economic recession is prompting some consumers to rethink the immediate need for straighter teeth. Even so, it's an unexpected headwind that's rattling investors, turning them into sellers.OverzealousOn the surface, it seems somewhat irrelevant. While the market may not have seen these struggles brewing, the sell-offs these tickers have dished out still just reflect how these companies are performing right now.Except, that may not quite be the case.Yes, the direction these stocks have been moving jibes with the turn these companies' businesses have taken. The depth to which investors respond to lackluster results, however, can vary depending on expectations. If the market knows that so-so earnings are in the cards, the revelation of lackluster numbers doesn't send investors into a panic...when the selling really ramps up. If investors know to brace for bad news, then stocks are typically eased into a more appropriate price to reflect that reality.Image source: Getty Images.The alternative? Shock takes an exaggerated toll on a stock's price. That's largely what's happened here with these four names.Shock also distracts people from looking at the future rather than the past, when they should be doing just that.Perhaps most problematic, however, is that these sell-offs have reached extreme proportions only because stocks tend to move in a herd. Once the selling stampede starts, it's tough to stop it, even when lower prices may not be merited for most of them.Think bigger-pictureThe question remains, however: Should you buy the S&P 500's four worst-performing stocks of 2022 so far?This isn't always the case, but right now, yes -- these stocks are too sold-off for long-term, buy-and-hold investors interested in them to simply pass them up.While the pullbacks made enough sense, fear and panic have arguably taken more of a toll than they should have. Investors, as a crowd, are starting to think a little more level-headed though. While they know 2022 could be tough, they're also starting to see these aforementioned companies have viable plans to deal with it.Netflix, for instance, could launch an ad-supported version of its streaming service as early as this year, appealing to value-minded senses that will be heightened if the economy is weak. While PayPal may be facing a kind of competition it's never faced before, it's also innovating new ways to keep its place as the world's biggest digital payment middleman. Just last month, it unveiled a cash-back credit card, and late last year allowed e-commerce sites built by Wix to offer buy-now, pay-later loans to their customers. Align and Etsy are adjusting, too.Yet, none of these stocks' already-overblown sell-offs reflect these initiatives.And it's not just these four companies. A bunch of great stocks have been dragged lower than they deserve to be, for all the wrong reasons.That's not to suggest any of these names have hit their absolute bottom, mind you. They may still lose more ground. It is to say, however, now that the dust of the knee-jerk selling is starting to settle as we push past the hysteria, the market's starting to realize that at least with some stocks, the selling was more than a little overboard. That makes many of these names great buys now, even if we're not all the way through the turbulence just yet. Better to be a little too early than a lot too late.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9013389325,"gmtCreate":1648684948630,"gmtModify":1676534377568,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013389325","repostId":"2223334013","repostType":4,"repost":{"id":"2223334013","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":1648680663,"share":"https://ttm.financial/m/news/2223334013?lang=&edition=fundamental","pubTime":"2022-03-31 06:51","market":"us","language":"en","title":"US STOCKS-Dow, S&P Close Lower After 4 Days of Gains","url":"https://stock-news.laohu8.com/highlight/detail?id=2223334013","media":"Reuters","summary":"U.S. bond market spurs recession worryPrivate payrolls increased by 455,000 jobs in MarchDow down 0.19%, S&P 500 down 0.63%, Nasdaq down 1.21%U.S. stocks fell on Wednesday, with the Dow and S&P 500 sn","content":"<html><head></head><body><ul><li>U.S. bond market spurs recession worry</li><li>Private payrolls increased by 455,000 jobs in March</li><li>Dow down 0.19%, S&amp;P 500 down 0.63%, Nasdaq down 1.21%</li></ul><p>U.S. stocks fell on Wednesday, with the Dow and S&amp;P 500 snapping four-session winning streaks, on waning signs of progress for peace talks between Ukraine and Russia against a backdrop of a hawkish Federal Reserve curbing economic growth.</p><p>The S&amp;P has rebounded more than 5% in March after starting the year with two straight monthly declines. Still, the benchmark index is on track for its first quarterly decline since the first quarter of 2020, when the COVID-19 pandemic in the United States was reaching full swing.</p><p>Prices for commodities such as oil and metals have surged since the invasion, intensifying already-high U.S. inflation.</p><p>&#34;Ukraine is the controlling narrative for this market, if we are going to get a settlement and we get the potential from that settlement for lower energy prices, which is really the key, and then some sort of return to normalcy in terms of the world economy that is a real positive for the market,&#34; said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.</p><p>&#34;If not, we are going to continue to just go back and forth here as the market tries to digest who the winners and losers are because there are a lot of unintended consequences coming out of this war,&#34; Meckler added.</p><p>The Dow Jones Industrial Average (.DJI) fell 65.38 points, or 0.19%, to 35,228.81, the S&amp;P 500 (.SPX) lost 29.15 points, or 0.63%, to 4,602.45 and the Nasdaq Composite (.IXIC) dropped 177.36 points, or 1.21%, to 14,442.28.</p><p>As inflation intensifies, so does speculation the Federal Reserve may get more aggressive in raising interest rates, which could put a damper on economic growth.</p><p>The S&amp;P energy index (.SPNY) was the leading sector on the plus side with a gain of 1.17%. It is up nearly 40% this year, which would mark its strongest quarterly performance ever.</p><p>The sector is currently one of only three that are positive on the year and has far outpaced the next closest performer in utilities (.SPLRCU), which are up nearly 4% on the year but closed at a record high for a fourth straight session.</p><p>Some investors have taken a defensive stance due to fears of excessive Fed tightening and recent signals in the bond market that often act as precursors to a recession.</p><p>Still, economic data continues to indicate a strong labor market. The ADP National Employment Report showed private payrolls rose by 455,000 jobs last month after advancing 486,000 in February. Investors will watch for Friday&#39;s payrolls report.</p><p><a href=\"https://laohu8.com/S/LULU\">Lululemon Athletica Inc</a> surged 9.58% after forecasting full-year profit and revenue above estimates, as demand for athletic wear remains strong. read more</p><p>Volume on U.S. exchanges was 11.69 billion shares, compared with the 13.93 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.24-to-1 ratio; on Nasdaq, a 1.98-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 44 new 52-week highs and 1 new low; the Nasdaq Composite recorded 51 new highs and 47 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Dow, S&P Close Lower After 4 Days of Gains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Dow, S&P Close Lower After 4 Days of Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-03-31 06:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>U.S. bond market spurs recession worry</li><li>Private payrolls increased by 455,000 jobs in March</li><li>Dow down 0.19%, S&amp;P 500 down 0.63%, Nasdaq down 1.21%</li></ul><p>U.S. stocks fell on Wednesday, with the Dow and S&amp;P 500 snapping four-session winning streaks, on waning signs of progress for peace talks between Ukraine and Russia against a backdrop of a hawkish Federal Reserve curbing economic growth.</p><p>The S&amp;P has rebounded more than 5% in March after starting the year with two straight monthly declines. Still, the benchmark index is on track for its first quarterly decline since the first quarter of 2020, when the COVID-19 pandemic in the United States was reaching full swing.</p><p>Prices for commodities such as oil and metals have surged since the invasion, intensifying already-high U.S. inflation.</p><p>&#34;Ukraine is the controlling narrative for this market, if we are going to get a settlement and we get the potential from that settlement for lower energy prices, which is really the key, and then some sort of return to normalcy in terms of the world economy that is a real positive for the market,&#34; said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.</p><p>&#34;If not, we are going to continue to just go back and forth here as the market tries to digest who the winners and losers are because there are a lot of unintended consequences coming out of this war,&#34; Meckler added.</p><p>The Dow Jones Industrial Average (.DJI) fell 65.38 points, or 0.19%, to 35,228.81, the S&amp;P 500 (.SPX) lost 29.15 points, or 0.63%, to 4,602.45 and the Nasdaq Composite (.IXIC) dropped 177.36 points, or 1.21%, to 14,442.28.</p><p>As inflation intensifies, so does speculation the Federal Reserve may get more aggressive in raising interest rates, which could put a damper on economic growth.</p><p>The S&amp;P energy index (.SPNY) was the leading sector on the plus side with a gain of 1.17%. It is up nearly 40% this year, which would mark its strongest quarterly performance ever.</p><p>The sector is currently one of only three that are positive on the year and has far outpaced the next closest performer in utilities (.SPLRCU), which are up nearly 4% on the year but closed at a record high for a fourth straight session.</p><p>Some investors have taken a defensive stance due to fears of excessive Fed tightening and recent signals in the bond market that often act as precursors to a recession.</p><p>Still, economic data continues to indicate a strong labor market. The ADP National Employment Report showed private payrolls rose by 455,000 jobs last month after advancing 486,000 in February. Investors will watch for Friday&#39;s payrolls report.</p><p><a href=\"https://laohu8.com/S/LULU\">Lululemon Athletica Inc</a> surged 9.58% after forecasting full-year profit and revenue above estimates, as demand for athletic wear remains strong. read more</p><p>Volume on U.S. exchanges was 11.69 billion shares, compared with the 13.93 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.24-to-1 ratio; on Nasdaq, a 1.98-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 44 new 52-week highs and 1 new low; the Nasdaq Composite recorded 51 new highs and 47 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UDOW":"道指三倍做多ETF-ProShares",".DJI":"道琼斯","DOG":"道指反向ETF","PSQ":"纳指反向ETF",".IXIC":"NASDAQ Composite","DDM":"道指两倍做多ETF",".SPX":"S&P 500 Index","SQQQ":"纳指三倍做空ETF","QID":"纳指两倍做空ETF","SDOW":"道指三倍做空ETF-ProShares","LULU":"lululemon athletica","DJX":"1/100道琼斯","QQQ":"纳指100ETF","QLD":"纳指两倍做多ETF","TQQQ":"纳指三倍做多ETF","DXD":"道指两倍做空ETF","BK4504":"桥水持仓","BK4202":"服装、服饰与奢侈品"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2223334013","content_text":"U.S. bond market spurs recession worryPrivate payrolls increased by 455,000 jobs in MarchDow down 0.19%, S&P 500 down 0.63%, Nasdaq down 1.21%U.S. stocks fell on Wednesday, with the Dow and S&P 500 snapping four-session winning streaks, on waning signs of progress for peace talks between Ukraine and Russia against a backdrop of a hawkish Federal Reserve curbing economic growth.The S&P has rebounded more than 5% in March after starting the year with two straight monthly declines. Still, the benchmark index is on track for its first quarterly decline since the first quarter of 2020, when the COVID-19 pandemic in the United States was reaching full swing.Prices for commodities such as oil and metals have surged since the invasion, intensifying already-high U.S. inflation.\"Ukraine is the controlling narrative for this market, if we are going to get a settlement and we get the potential from that settlement for lower energy prices, which is really the key, and then some sort of return to normalcy in terms of the world economy that is a real positive for the market,\" said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.\"If not, we are going to continue to just go back and forth here as the market tries to digest who the winners and losers are because there are a lot of unintended consequences coming out of this war,\" Meckler added.The Dow Jones Industrial Average (.DJI) fell 65.38 points, or 0.19%, to 35,228.81, the S&P 500 (.SPX) lost 29.15 points, or 0.63%, to 4,602.45 and the Nasdaq Composite (.IXIC) dropped 177.36 points, or 1.21%, to 14,442.28.As inflation intensifies, so does speculation the Federal Reserve may get more aggressive in raising interest rates, which could put a damper on economic growth.The S&P energy index (.SPNY) was the leading sector on the plus side with a gain of 1.17%. It is up nearly 40% this year, which would mark its strongest quarterly performance ever.The sector is currently one of only three that are positive on the year and has far outpaced the next closest performer in utilities (.SPLRCU), which are up nearly 4% on the year but closed at a record high for a fourth straight session.Some investors have taken a defensive stance due to fears of excessive Fed tightening and recent signals in the bond market that often act as precursors to a recession.Still, economic data continues to indicate a strong labor market. The ADP National Employment Report showed private payrolls rose by 455,000 jobs last month after advancing 486,000 in February. Investors will watch for Friday's payrolls report.Lululemon Athletica Inc surged 9.58% after forecasting full-year profit and revenue above estimates, as demand for athletic wear remains strong. read moreVolume on U.S. exchanges was 11.69 billion shares, compared with the 13.93 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.24-to-1 ratio; on Nasdaq, a 1.98-to-1 ratio favored decliners.The S&P 500 posted 44 new 52-week highs and 1 new low; the Nasdaq Composite recorded 51 new highs and 47 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9909651957,"gmtCreate":1658876701479,"gmtModify":1676536220005,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9909651957","repostId":"2254387856","repostType":4,"repost":{"id":"2254387856","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":1658876140,"share":"https://ttm.financial/m/news/2254387856?lang=&edition=fundamental","pubTime":"2022-07-27 06:55","market":"us","language":"en","title":"US STOCKS-Indexes Drop As Walmart Profit Warning Spooks Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2254387856","media":"Reuters","summary":"Walmart cuts profit forecast; news hits retailersMcDonald's up as sales, profit top estimatesCoca-Co","content":"<html><head></head><body><ul><li>Walmart cuts profit forecast; news hits retailers</li><li>McDonald&#39;s up as sales, profit top estimates</li><li>Coca-Cola up on forecast raise</li><li>Indexes: Dow down 0.7%, S&amp;P 500 down 1.2%, Nasdaq down 1.9%</li></ul><p>NEW YORK, July 26 (Reuters) - U.S. stocks ended sharply lower Tuesday as a profit warning by Walmart dragged down retail shares and exceptionally weak consumer confidence data also fueled fears about spending.</p><p>Walmart shares sank 7.6% after the retailer cut its full-year profit forecast late on Monday. Walmart blamed surging prices for food and fuel, and said it needed to cut prices to pare inventories.</p><p>Shares of Target Corp fell 3.6% and Amazon.com Inc dropped 5.2%, while the S&amp;P 500 retail index declined 4.2%.</p><p>On Tuesday, data showed U.S. consumer confidence dropped to nearly a 1-1/2-year low in July amid persistent worries about higher inflation and rising interest rates.</p><p>&#34;The majority of companies that reported today beat (on) earnings, and that&#39;s been the case. But of course there have been some warnings, and that&#39;s what the market is focusing on,&#34; said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>Amazon, which said it would raise fees for delivery and streaming service Prime in Europe by up to 43% a year, was the biggest drag on the Nasdaq and S&amp;P 500, while consumer discretionary fell 3.3% and led declines among S&amp;P 500 sectors.</p><p>The Federal Reserve started a two-day meeting, and on Wednesday it is expected to announce a 0.75 percentage point interest rate hike to fight inflation. Investors have worried that aggressive interest rate hikes by the Fed could tip the economy into recession.</p><p>The Dow Jones Industrial Average fell 228.5 points, or 0.71%, to 31,761.54, the S&amp;P 500 lost 45.79 points, or 1.15%, to 3,921.05 and the Nasdaq Composite dropped 220.09 points, or 1.87%, to 11,562.58.</p><p>A busy week for earnings also included reports from Alphabet Inc and Microsoft Corp after the bell.</p><p>Shares of Microsoft were up 5% in after-hours trading while Alphabet was up 5% following the companies&#39; results. Microsoft ended the regular session down 2.7% and Alphabet ended 2.3% lower on the day.</p><p>Investors had been looking to see if this week&#39;s earnings news from mega-cap companies might help the stock market sustain its recent rally.</p><p>Earnings from S&amp;P 500 companies were expected to have risen 6.2% for the second quarter from the year-ago period, according to Refinitiv data.</p><p>Also during the regular session, Coca-Cola Co gained 1.6% after the company raised its full-year revenue forecast. McDonald&#39;s Corp rose 2.7% after beating quarterly expectations.</p><p>3M Co rose 4.9% after the industrial giant said it planned to spin off its healthcare business.read moreGeneral Electric Co gained 4.6% after the industrial conglomerate beat revenue and profit estimates.</p><p>In other outlooks, the International Monetary Fund cut global growth forecasts again.</p><p>Volume on U.S. exchanges was 9.60 billion shares, compared with the 10.93 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.73-to-1 ratio; on Nasdaq, a 1.72-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 30 new lows; the Nasdaq Composite recorded 39 new highs and 138 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Indexes Drop As Walmart Profit Warning Spooks Investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Indexes Drop As Walmart Profit Warning Spooks Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-27 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Walmart cuts profit forecast; news hits retailers</li><li>McDonald&#39;s up as sales, profit top estimates</li><li>Coca-Cola up on forecast raise</li><li>Indexes: Dow down 0.7%, S&amp;P 500 down 1.2%, Nasdaq down 1.9%</li></ul><p>NEW YORK, July 26 (Reuters) - U.S. stocks ended sharply lower Tuesday as a profit warning by Walmart dragged down retail shares and exceptionally weak consumer confidence data also fueled fears about spending.</p><p>Walmart shares sank 7.6% after the retailer cut its full-year profit forecast late on Monday. Walmart blamed surging prices for food and fuel, and said it needed to cut prices to pare inventories.</p><p>Shares of Target Corp fell 3.6% and Amazon.com Inc dropped 5.2%, while the S&amp;P 500 retail index declined 4.2%.</p><p>On Tuesday, data showed U.S. consumer confidence dropped to nearly a 1-1/2-year low in July amid persistent worries about higher inflation and rising interest rates.</p><p>&#34;The majority of companies that reported today beat (on) earnings, and that&#39;s been the case. But of course there have been some warnings, and that&#39;s what the market is focusing on,&#34; said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>Amazon, which said it would raise fees for delivery and streaming service Prime in Europe by up to 43% a year, was the biggest drag on the Nasdaq and S&amp;P 500, while consumer discretionary fell 3.3% and led declines among S&amp;P 500 sectors.</p><p>The Federal Reserve started a two-day meeting, and on Wednesday it is expected to announce a 0.75 percentage point interest rate hike to fight inflation. Investors have worried that aggressive interest rate hikes by the Fed could tip the economy into recession.</p><p>The Dow Jones Industrial Average fell 228.5 points, or 0.71%, to 31,761.54, the S&amp;P 500 lost 45.79 points, or 1.15%, to 3,921.05 and the Nasdaq Composite dropped 220.09 points, or 1.87%, to 11,562.58.</p><p>A busy week for earnings also included reports from Alphabet Inc and Microsoft Corp after the bell.</p><p>Shares of Microsoft were up 5% in after-hours trading while Alphabet was up 5% following the companies&#39; results. Microsoft ended the regular session down 2.7% and Alphabet ended 2.3% lower on the day.</p><p>Investors had been looking to see if this week&#39;s earnings news from mega-cap companies might help the stock market sustain its recent rally.</p><p>Earnings from S&amp;P 500 companies were expected to have risen 6.2% for the second quarter from the year-ago period, according to Refinitiv data.</p><p>Also during the regular session, Coca-Cola Co gained 1.6% after the company raised its full-year revenue forecast. McDonald&#39;s Corp rose 2.7% after beating quarterly expectations.</p><p>3M Co rose 4.9% after the industrial giant said it planned to spin off its healthcare business.read moreGeneral Electric Co gained 4.6% after the industrial conglomerate beat revenue and profit estimates.</p><p>In other outlooks, the International Monetary Fund cut global growth forecasts again.</p><p>Volume on U.S. exchanges was 9.60 billion shares, compared with the 10.93 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.73-to-1 ratio; on Nasdaq, a 1.72-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 30 new lows; the Nasdaq Composite recorded 39 new highs and 138 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MCD":"麦当劳","WMT":"沃尔玛",".SPX":"S&P 500 Index","GE":"GE航空航天",".DJI":"道琼斯","MSFT":"微软","AMZN":"亚马逊","MMM":"3M",".IXIC":"NASDAQ Composite","TGT":"塔吉特","KO":"可口可乐","GOOGL":"谷歌A"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2254387856","content_text":"Walmart cuts profit forecast; news hits retailersMcDonald's up as sales, profit top estimatesCoca-Cola up on forecast raiseIndexes: Dow down 0.7%, S&P 500 down 1.2%, Nasdaq down 1.9%NEW YORK, July 26 (Reuters) - U.S. stocks ended sharply lower Tuesday as a profit warning by Walmart dragged down retail shares and exceptionally weak consumer confidence data also fueled fears about spending.Walmart shares sank 7.6% after the retailer cut its full-year profit forecast late on Monday. Walmart blamed surging prices for food and fuel, and said it needed to cut prices to pare inventories.Shares of Target Corp fell 3.6% and Amazon.com Inc dropped 5.2%, while the S&P 500 retail index declined 4.2%.On Tuesday, data showed U.S. consumer confidence dropped to nearly a 1-1/2-year low in July amid persistent worries about higher inflation and rising interest rates.\"The majority of companies that reported today beat (on) earnings, and that's been the case. But of course there have been some warnings, and that's what the market is focusing on,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.Amazon, which said it would raise fees for delivery and streaming service Prime in Europe by up to 43% a year, was the biggest drag on the Nasdaq and S&P 500, while consumer discretionary fell 3.3% and led declines among S&P 500 sectors.The Federal Reserve started a two-day meeting, and on Wednesday it is expected to announce a 0.75 percentage point interest rate hike to fight inflation. Investors have worried that aggressive interest rate hikes by the Fed could tip the economy into recession.The Dow Jones Industrial Average fell 228.5 points, or 0.71%, to 31,761.54, the S&P 500 lost 45.79 points, or 1.15%, to 3,921.05 and the Nasdaq Composite dropped 220.09 points, or 1.87%, to 11,562.58.A busy week for earnings also included reports from Alphabet Inc and Microsoft Corp after the bell.Shares of Microsoft were up 5% in after-hours trading while Alphabet was up 5% following the companies' results. Microsoft ended the regular session down 2.7% and Alphabet ended 2.3% lower on the day.Investors had been looking to see if this week's earnings news from mega-cap companies might help the stock market sustain its recent rally.Earnings from S&P 500 companies were expected to have risen 6.2% for the second quarter from the year-ago period, according to Refinitiv data.Also during the regular session, Coca-Cola Co gained 1.6% after the company raised its full-year revenue forecast. McDonald's Corp rose 2.7% after beating quarterly expectations.3M Co rose 4.9% after the industrial giant said it planned to spin off its healthcare business.read moreGeneral Electric Co gained 4.6% after the industrial conglomerate beat revenue and profit estimates.In other outlooks, the International Monetary Fund cut global growth forecasts again.Volume on U.S. exchanges was 9.60 billion shares, compared with the 10.93 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.73-to-1 ratio; on Nasdaq, a 1.72-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week highs and 30 new lows; the Nasdaq Composite recorded 39 new highs and 138 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077287672,"gmtCreate":1658534494296,"gmtModify":1676536171905,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9077287672","repostId":"2253065181","repostType":4,"repost":{"id":"2253065181","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":1658522173,"share":"https://ttm.financial/m/news/2253065181?lang=&edition=fundamental","pubTime":"2022-07-23 04:36","market":"us","language":"en","title":"US STOCKS-Wall Street Closes Lower As Ad Tech, Social Media Stocks Drop","url":"https://stock-news.laohu8.com/highlight/detail?id=2253065181","media":"Reuters","summary":"Snap Inc shares plunge on slowing growthCommunication services stocks lead sectoral declinesAmEx rai","content":"<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> shares plunge on slowing growth</li><li>Communication services stocks lead sectoral declines</li><li>AmEx raises revenue forecast on resilient card spending</li><li>Indexes down: Dow 0.43%, S&amp;P 500 0.93%, Nasdaq 1.87%</li></ul><p>(Reuters) - U.S. stocks ended lower on Friday as disappointing earnings from Snap spooked investors and shares in social media and ad tech firms dropped, offsetting gains from card issuer American Express following an upbeat forecast.</p><p>Still, all three major indexes posted weekly gains despite Friday&#39;s losses with the tech heavy Nasdaq closing out the week 3.3% higher. The S&amp;P 500 advanced 2.4%, and the Dow gained 2%.</p><p>Snapchat owner posted its weakest-ever quarterly sales growth as a public company, sending Snap Inc&#39;s shares down nearly 40%, while Twitter Inc reversed earlier losses to add 0.8% following a surprise fall in revenue.</p><p>Other online companies that depend heavily on ads, such as tech giants <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc and Alphabet Inc tumbled 7.6% and 5.6%, respectively, weighing on the Nasdaq.</p><p>Meta and Alphabet are set to post their earnings next week, along with mega-cap peers, including Apple Inc, Microsoft Corp and Amazon.com Inc.</p><p>The S&amp;P 500 communication services and information technology tumbled 4.3% and 1.4%, respectively, leading declines among the index&#39;s 11 sectors.</p><p>The Dow Jones Industrial Average fell 137.61 points, or 0.43%, to 31,899.29, the S&amp;P 500 lost 37.32 points, or 0.93%, to 3,961.63 and the Nasdaq Composite dropped 225.50 points, or 1.87%, to 11,834.11.</p><p>&#34;Earnings are coming in less bad than feared, but they&#39;re deteriorating from what we got used to and accustomed to over the last several quarters,&#34; said Bob Doll, CIO at Crossmark Global Investments.</p><p>With 106 of the S&amp;P 500 companies having reported earnings through Friday morning, 75.5% have topped analyst expectations, below the 81% beat rate over the past four quarters, according to Refinitiv data.</p><p>All eyes are on the Federal Reserve&#39;s meeting and second-quarter U.S. gross domestic product data next week. While the U.S. central bank is expected to raise interest rates by 75 basis points to curb runaway inflation, the GDP data is likely to be negative again.</p><p>Meanwhile, a survey on Friday showed that U.S. business activity contracted for the first time in nearly two years in July, deepening concerns about an economy stunted by high inflation, rising interest rates and dwindling consumer confidence.</p><p>“Economic data is coming in weaker.. kind of confirming the fact that a recession is highly likely over the next 12 months. And the markets is trying to figure out what that looks like with economic growth slowing significantly the Fed in the midst of pretty aggressive tightening fiscal,” said Megan Horneman, chief investment officer at Verdence Capital Advisors in Hunt Valley, Maryland.</p><p>Verizon Communications Inc tumbled 6.8% after announcing it cut its annual adjusted profit forecast as inflation weighs. American Express Co rose 1.9% on strong earnings and an increased revenue forecast.</p><p>Volume on U.S. exchanges was 10.38 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.43-to-1 ratio; on Nasdaq, a 2.49-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded 32 new highs and 74 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Closes Lower As Ad Tech, Social Media Stocks 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\">\nUS STOCKS-Wall Street Closes Lower As Ad Tech, Social Media Stocks Drop\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-23 04:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> shares plunge on slowing growth</li><li>Communication services stocks lead sectoral declines</li><li>AmEx raises revenue forecast on resilient card spending</li><li>Indexes down: Dow 0.43%, S&amp;P 500 0.93%, Nasdaq 1.87%</li></ul><p>(Reuters) - U.S. stocks ended lower on Friday as disappointing earnings from Snap spooked investors and shares in social media and ad tech firms dropped, offsetting gains from card issuer American Express following an upbeat forecast.</p><p>Still, all three major indexes posted weekly gains despite Friday&#39;s losses with the tech heavy Nasdaq closing out the week 3.3% higher. The S&amp;P 500 advanced 2.4%, and the Dow gained 2%.</p><p>Snapchat owner posted its weakest-ever quarterly sales growth as a public company, sending Snap Inc&#39;s shares down nearly 40%, while Twitter Inc reversed earlier losses to add 0.8% following a surprise fall in revenue.</p><p>Other online companies that depend heavily on ads, such as tech giants <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc and Alphabet Inc tumbled 7.6% and 5.6%, respectively, weighing on the Nasdaq.</p><p>Meta and Alphabet are set to post their earnings next week, along with mega-cap peers, including Apple Inc, Microsoft Corp and Amazon.com Inc.</p><p>The S&amp;P 500 communication services and information technology tumbled 4.3% and 1.4%, respectively, leading declines among the index&#39;s 11 sectors.</p><p>The Dow Jones Industrial Average fell 137.61 points, or 0.43%, to 31,899.29, the S&amp;P 500 lost 37.32 points, or 0.93%, to 3,961.63 and the Nasdaq Composite dropped 225.50 points, or 1.87%, to 11,834.11.</p><p>&#34;Earnings are coming in less bad than feared, but they&#39;re deteriorating from what we got used to and accustomed to over the last several quarters,&#34; said Bob Doll, CIO at Crossmark Global Investments.</p><p>With 106 of the S&amp;P 500 companies having reported earnings through Friday morning, 75.5% have topped analyst expectations, below the 81% beat rate over the past four quarters, according to Refinitiv data.</p><p>All eyes are on the Federal Reserve&#39;s meeting and second-quarter U.S. gross domestic product data next week. While the U.S. central bank is expected to raise interest rates by 75 basis points to curb runaway inflation, the GDP data is likely to be negative again.</p><p>Meanwhile, a survey on Friday showed that U.S. business activity contracted for the first time in nearly two years in July, deepening concerns about an economy stunted by high inflation, rising interest rates and dwindling consumer confidence.</p><p>“Economic data is coming in weaker.. kind of confirming the fact that a recession is highly likely over the next 12 months. And the markets is trying to figure out what that looks like with economic growth slowing significantly the Fed in the midst of pretty aggressive tightening fiscal,” said Megan Horneman, chief investment officer at Verdence Capital Advisors in Hunt Valley, Maryland.</p><p>Verizon Communications Inc tumbled 6.8% after announcing it cut its annual adjusted profit forecast as inflation weighs. American Express Co rose 1.9% on strong earnings and an increased revenue forecast.</p><p>Volume on U.S. exchanges was 10.38 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.43-to-1 ratio; on Nasdaq, a 2.49-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded 32 new highs and 74 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253065181","content_text":"Snap Inc shares plunge on slowing growthCommunication services stocks lead sectoral declinesAmEx raises revenue forecast on resilient card spendingIndexes down: Dow 0.43%, S&P 500 0.93%, Nasdaq 1.87%(Reuters) - U.S. stocks ended lower on Friday as disappointing earnings from Snap spooked investors and shares in social media and ad tech firms dropped, offsetting gains from card issuer American Express following an upbeat forecast.Still, all three major indexes posted weekly gains despite Friday's losses with the tech heavy Nasdaq closing out the week 3.3% higher. The S&P 500 advanced 2.4%, and the Dow gained 2%.Snapchat owner posted its weakest-ever quarterly sales growth as a public company, sending Snap Inc's shares down nearly 40%, while Twitter Inc reversed earlier losses to add 0.8% following a surprise fall in revenue.Other online companies that depend heavily on ads, such as tech giants Meta Platforms Inc and Alphabet Inc tumbled 7.6% and 5.6%, respectively, weighing on the Nasdaq.Meta and Alphabet are set to post their earnings next week, along with mega-cap peers, including Apple Inc, Microsoft Corp and Amazon.com Inc.The S&P 500 communication services and information technology tumbled 4.3% and 1.4%, respectively, leading declines among the index's 11 sectors.The Dow Jones Industrial Average fell 137.61 points, or 0.43%, to 31,899.29, the S&P 500 lost 37.32 points, or 0.93%, to 3,961.63 and the Nasdaq Composite dropped 225.50 points, or 1.87%, to 11,834.11.\"Earnings are coming in less bad than feared, but they're deteriorating from what we got used to and accustomed to over the last several quarters,\" said Bob Doll, CIO at Crossmark Global Investments.With 106 of the S&P 500 companies having reported earnings through Friday morning, 75.5% have topped analyst expectations, below the 81% beat rate over the past four quarters, according to Refinitiv data.All eyes are on the Federal Reserve's meeting and second-quarter U.S. gross domestic product data next week. While the U.S. central bank is expected to raise interest rates by 75 basis points to curb runaway inflation, the GDP data is likely to be negative again.Meanwhile, a survey on Friday showed that U.S. business activity contracted for the first time in nearly two years in July, deepening concerns about an economy stunted by high inflation, rising interest rates and dwindling consumer confidence.“Economic data is coming in weaker.. kind of confirming the fact that a recession is highly likely over the next 12 months. And the markets is trying to figure out what that looks like with economic growth slowing significantly the Fed in the midst of pretty aggressive tightening fiscal,” said Megan Horneman, chief investment officer at Verdence Capital Advisors in Hunt Valley, Maryland.Verizon Communications Inc tumbled 6.8% after announcing it cut its annual adjusted profit forecast as inflation weighs. American Express Co rose 1.9% on strong earnings and an increased revenue forecast.Volume on U.S. exchanges was 10.38 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.43-to-1 ratio; on Nasdaq, a 2.49-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week highs and 31 new lows; the Nasdaq Composite recorded 32 new highs and 74 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9055357496,"gmtCreate":1655248742215,"gmtModify":1676535592915,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9055357496","repostId":"2243984945","repostType":4,"repost":{"id":"2243984945","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":1655247566,"share":"https://ttm.financial/m/news/2243984945?lang=&edition=fundamental","pubTime":"2022-06-15 06:59","market":"us","language":"en","title":"US STOCKS-S&P 500 Dips With Fed Policy Announcement on Tap","url":"https://stock-news.laohu8.com/highlight/detail?id=2243984945","media":"Reuters","summary":"(Reuters) - The S&P 500 ended lower on Tuesday as the index was unable to bounce from a sharp sell-o","content":"<html><head></head><body><p>(Reuters) - The S&amp;P 500 ended lower on Tuesday as the index was unable to bounce from a sharp sell-off in the prior session with a key policy statement from the Federal Reserve on deck that will reveal how aggressive the central bank&#39;s policy path will be.</p><p>Analyst expectations had largely been predicting the Fed would hike by 50 basis points at the conclusion of its meeting on Wednesday.</p><p>However, views that a 75 basis point hike was on the table have been growing after Friday&#39;s higher-than-expected consumer price index (CPI) data for May. In addition, a report from the Wall Street Journal on Monday and forecasts from several banks, including JP Morgan and Goldman Sachs, signaling a 75 basis point hike have bolstered that belief.</p><p>Traders are currently pricing in a more than 90% chance of a 75 basis point hike, up from 3.9% a week ago, according to CME&#39;s FedWatch Tool https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html?redirect=/trading/interest-rates/fed-funds.html.</p><p>Data on Tuesday showed that the producer prices index (PPI), while slightly less than expectations on a year-over-year basis for May, remained high as gasoline prices jumped.</p><p>&#34;Ultimately, even though we are seeing even more red and more negative pressure here, in general today we believe is really a wait-and-see day,&#34; said Greg Bassuk, CEO at AXS Investments in Port Chester, New York.</p><p>&#34;The PPI numbers today put to bed any questions around the extent of rising prices and inflation - the big question is going to be how aggressive the Fed is going to be literally this week - not so much even projecting out, but how much they are going to take the bull by the horns this week and really try to make some moves that could ease recessionary fears.&#34;</p><p>The Dow Jones Industrial Average fell 151.91 points, or 0.5%, to 30,364.83, the S&amp;P 500 lost 14.15 points, or 0.38%, to 3,735.48 and the Nasdaq Composite added 19.12 points, or 0.18%, to 10,828.35.</p><p>The benchmark S&amp;P 500 suffered its fifth straight daily decline, marking its longest losing streak since early January. Monday&#39;s declines put the index down more than 20% from its most recent record high, confirming a bear market began on Jan. 3, according to a commonly used definition.</p><p>Among individual stocks, swimming pool supplies distributor Pool Corp slumped 5.27% after Jefferies cut its price target on the stock to $400 from $485.</p><p>FedEx Corp surged 14.41% after raising its quarterly dividend by more than 50%, while Oracle Corp gained 10.41% after posting upbeat quarterly results on demand for its cloud products.</p><p>Continental Resources Inc jumped 15.07% after the shale producer received an all-cash buyout offer from its founder Harold Hamm, valuing the company at $25.41 billion.</p><p>Volume on U.S. exchanges was 12.49 billion shares, compared with the 12.01 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 1.36-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 77 new lows; the Nasdaq Composite recorded 11 new highs and 641 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500 Dips With Fed Policy Announcement on Tap</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-S&P 500 Dips With Fed Policy Announcement on Tap\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-06-15 06:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - The S&amp;P 500 ended lower on Tuesday as the index was unable to bounce from a sharp sell-off in the prior session with a key policy statement from the Federal Reserve on deck that will reveal how aggressive the central bank&#39;s policy path will be.</p><p>Analyst expectations had largely been predicting the Fed would hike by 50 basis points at the conclusion of its meeting on Wednesday.</p><p>However, views that a 75 basis point hike was on the table have been growing after Friday&#39;s higher-than-expected consumer price index (CPI) data for May. In addition, a report from the Wall Street Journal on Monday and forecasts from several banks, including JP Morgan and Goldman Sachs, signaling a 75 basis point hike have bolstered that belief.</p><p>Traders are currently pricing in a more than 90% chance of a 75 basis point hike, up from 3.9% a week ago, according to CME&#39;s FedWatch Tool https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html?redirect=/trading/interest-rates/fed-funds.html.</p><p>Data on Tuesday showed that the producer prices index (PPI), while slightly less than expectations on a year-over-year basis for May, remained high as gasoline prices jumped.</p><p>&#34;Ultimately, even though we are seeing even more red and more negative pressure here, in general today we believe is really a wait-and-see day,&#34; said Greg Bassuk, CEO at AXS Investments in Port Chester, New York.</p><p>&#34;The PPI numbers today put to bed any questions around the extent of rising prices and inflation - the big question is going to be how aggressive the Fed is going to be literally this week - not so much even projecting out, but how much they are going to take the bull by the horns this week and really try to make some moves that could ease recessionary fears.&#34;</p><p>The Dow Jones Industrial Average fell 151.91 points, or 0.5%, to 30,364.83, the S&amp;P 500 lost 14.15 points, or 0.38%, to 3,735.48 and the Nasdaq Composite added 19.12 points, or 0.18%, to 10,828.35.</p><p>The benchmark S&amp;P 500 suffered its fifth straight daily decline, marking its longest losing streak since early January. Monday&#39;s declines put the index down more than 20% from its most recent record high, confirming a bear market began on Jan. 3, according to a commonly used definition.</p><p>Among individual stocks, swimming pool supplies distributor Pool Corp slumped 5.27% after Jefferies cut its price target on the stock to $400 from $485.</p><p>FedEx Corp surged 14.41% after raising its quarterly dividend by more than 50%, while Oracle Corp gained 10.41% after posting upbeat quarterly results on demand for its cloud products.</p><p>Continental Resources Inc jumped 15.07% after the shale producer received an all-cash buyout offer from its founder Harold Hamm, valuing the company at $25.41 billion.</p><p>Volume on U.S. exchanges was 12.49 billion shares, compared with the 12.01 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 1.36-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 77 new lows; the Nasdaq Composite recorded 11 new highs and 641 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2243984945","content_text":"(Reuters) - The S&P 500 ended lower on Tuesday as the index was unable to bounce from a sharp sell-off in the prior session with a key policy statement from the Federal Reserve on deck that will reveal how aggressive the central bank's policy path will be.Analyst expectations had largely been predicting the Fed would hike by 50 basis points at the conclusion of its meeting on Wednesday.However, views that a 75 basis point hike was on the table have been growing after Friday's higher-than-expected consumer price index (CPI) data for May. In addition, a report from the Wall Street Journal on Monday and forecasts from several banks, including JP Morgan and Goldman Sachs, signaling a 75 basis point hike have bolstered that belief.Traders are currently pricing in a more than 90% chance of a 75 basis point hike, up from 3.9% a week ago, according to CME's FedWatch Tool https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html?redirect=/trading/interest-rates/fed-funds.html.Data on Tuesday showed that the producer prices index (PPI), while slightly less than expectations on a year-over-year basis for May, remained high as gasoline prices jumped.\"Ultimately, even though we are seeing even more red and more negative pressure here, in general today we believe is really a wait-and-see day,\" said Greg Bassuk, CEO at AXS Investments in Port Chester, New York.\"The PPI numbers today put to bed any questions around the extent of rising prices and inflation - the big question is going to be how aggressive the Fed is going to be literally this week - not so much even projecting out, but how much they are going to take the bull by the horns this week and really try to make some moves that could ease recessionary fears.\"The Dow Jones Industrial Average fell 151.91 points, or 0.5%, to 30,364.83, the S&P 500 lost 14.15 points, or 0.38%, to 3,735.48 and the Nasdaq Composite added 19.12 points, or 0.18%, to 10,828.35.The benchmark S&P 500 suffered its fifth straight daily decline, marking its longest losing streak since early January. Monday's declines put the index down more than 20% from its most recent record high, confirming a bear market began on Jan. 3, according to a commonly used definition.Among individual stocks, swimming pool supplies distributor Pool Corp slumped 5.27% after Jefferies cut its price target on the stock to $400 from $485.FedEx Corp surged 14.41% after raising its quarterly dividend by more than 50%, while Oracle Corp gained 10.41% after posting upbeat quarterly results on demand for its cloud products.Continental Resources Inc jumped 15.07% after the shale producer received an all-cash buyout offer from its founder Harold Hamm, valuing the company at $25.41 billion.Volume on U.S. exchanges was 12.49 billion shares, compared with the 12.01 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 1.36-to-1 ratio favored decliners.The S&P 500 posted 2 new 52-week highs and 77 new lows; the Nasdaq Composite recorded 11 new highs and 641 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028082539,"gmtCreate":1653117219121,"gmtModify":1676535227751,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028082539","repostId":"2236012808","repostType":4,"repost":{"id":"2236012808","kind":"highlight","pubTimestamp":1653089869,"share":"https://ttm.financial/m/news/2236012808?lang=&edition=fundamental","pubTime":"2022-05-21 07:37","market":"us","language":"en","title":"It's Down Almost 40% Year to Date -- Should Investors Buy Tesla Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2236012808","media":"Motley Fool","summary":"As the broader market continues to fall, some investors may view the EV leader's stock slump as a buying opportunity. Are they right?","content":"<html><head></head><body><p>After joining the $1 trillion market capitalization club at the end of 2021, shares of electric vehicle (EV) juggernaut <b>Tesla</b> have shifted into reverse. Between macroeconomic headwinds like 40-year-high inflation, the Fed&#39;s consequent move to raise interest rates, and concerns about the war between Russia and Ukraine, the stock market has been in quite the frenzy.</p><p>Many high-growth stocks, Tesla included, have been humbled lately as investors seek protection by shifting their attention to value companies and safer assets. CEO Elon Musk&#39;s move to potentially acquire <b>Twitter</b> certainly hasn&#39;t aided the company&#39;s case, either. With uncertainty around whether or not the deal will actually close, investors have raced to dump shares of the EV leader.</p><p>But in terms of fundamentals, Tesla continues to look dominant. The company is rapidly expanding its business on all fronts and has strengthened its balance sheet and cash generation in the process. With the stock down almost 40% year to date, should investors pull the trigger on buying Tesla today?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ecb47944e9c0966d2182e999d9a81cba\"/><span>Image source: Getty Images.</span></p><h2>Fundamentals aren&#39;t the problem</h2><p>In a quarter when investors weren&#39;t sure what to expect due to COVID-19-related shutdowns at Tesla&#39;s Shanghai factory, the EV leader delivered, and it delivered big. The company&#39;s $18.8 billion in total sales, which climbed 81% year over year, beat Wall Street expectations by $918 million. Likewise, its non-GAAP earnings per share of $3.22, equal to 246% growth, crushed consensus estimates by a whopping 42%.</p><p>To top off a record quarter, the Musk-led enterprise grew total production and vehicle deliveries by a respective 69% and 68%, producing 305,407 vehicles and delivering 310,048. Per management&#39;s guidance, investors can expect the company to achieve 50% average annual growth in deliveries over a multi-year time horizon. In fiscal 2022, analysts are modeling a top line and adjusted bottom line of $86.5 billion and $12.32/share, translating to robust year-over-year ascents of 61% and 82%, respectively.</p><p>Amid such incredible growth, the company&#39;s balance sheet and cash generation are equally thriving. In its latest quarter, the EV commander revealed that total debt excluding vehicle and energy product financing fell below $100 million. The company is manifesting the &#34;cash is king&#34; mantra as well: In the first quarter, free cash flow surged an astonishing 660% to $2.2 billion. Provided that the global EV market is projected to expand at a compound annual growth rate (CAGR) of 25% through 2028 to nearly $1 trillion, it could be said with exceedingly high confidence that Tesla is poised for more success in the coming years.</p><h2>Tesla&#39;s valuation is still high</h2><p>Even without context, though, Tesla&#39;s valuation is extremely high. The stock is trading at 98.2 times earnings at the moment, an extremely lofty multiple even post-correction.</p><p>Comparing the EV behemoth to other automobile manufacturers further underscores its expensive stock price. As seen in the below chart, competitors <b>General Motors </b>(GM 0.81%), <b>Ford</b> (F 0.55%), and <b>Toyota </b>(TM 0.26%) have price-to-earnings multiples of 6.2, 4.6, and 7.9, respectively. Whether or not Tesla deserves a premium valuation is a frequent debate among the bulls and the bears. However, it&#39;s rather indisputable that the EV stock is richly priced. It would take a major share price collapse for Tesla to truly be considered cheap.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4664e23d164238b9ae09f5957b8e89b9\" tg-width=\"720\" tg-height=\"387\" width=\"100%\" height=\"auto\"/><span>TSLA PE Ratio data by YCharts</span></p><h2>Should investors buy the stock now?</h2><p>Tesla&#39;s pullback has certainly grabbed my attention -- the company is the unequivocal pacesetter in the EV market, an industry that is still in the earlier innings of development. That said, the company&#39;s valuation isn&#39;t exactly attractive yet, and it would take far more downward pressure to make the stock appear cheap. Investors should keep a close eye on Tesla moving forward, as there&#39;s surely a chance it&#39;ll continue on a downward path in the periods ahead.</p><p>While it&#39;s a fantastic company and a sure winner in the EV space, I don&#39;t suggest buying the stock just yet. Take advantage of the recent tech sell-off and look for other companies that carry more enticing valuations today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>It's Down Almost 40% Year to Date -- Should Investors Buy Tesla 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\">\nIt's Down Almost 40% Year to Date -- Should Investors Buy Tesla Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-21 07:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/20/its-down-almost-40-year-to-date-should-investors-b/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After joining the $1 trillion market capitalization club at the end of 2021, shares of electric vehicle (EV) juggernaut Tesla have shifted into reverse. Between macroeconomic headwinds like 40-year-...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/20/its-down-almost-40-year-to-date-should-investors-b/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2022/05/20/its-down-almost-40-year-to-date-should-investors-b/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236012808","content_text":"After joining the $1 trillion market capitalization club at the end of 2021, shares of electric vehicle (EV) juggernaut Tesla have shifted into reverse. Between macroeconomic headwinds like 40-year-high inflation, the Fed's consequent move to raise interest rates, and concerns about the war between Russia and Ukraine, the stock market has been in quite the frenzy.Many high-growth stocks, Tesla included, have been humbled lately as investors seek protection by shifting their attention to value companies and safer assets. CEO Elon Musk's move to potentially acquire Twitter certainly hasn't aided the company's case, either. With uncertainty around whether or not the deal will actually close, investors have raced to dump shares of the EV leader.But in terms of fundamentals, Tesla continues to look dominant. The company is rapidly expanding its business on all fronts and has strengthened its balance sheet and cash generation in the process. With the stock down almost 40% year to date, should investors pull the trigger on buying Tesla today?Image source: Getty Images.Fundamentals aren't the problemIn a quarter when investors weren't sure what to expect due to COVID-19-related shutdowns at Tesla's Shanghai factory, the EV leader delivered, and it delivered big. The company's $18.8 billion in total sales, which climbed 81% year over year, beat Wall Street expectations by $918 million. Likewise, its non-GAAP earnings per share of $3.22, equal to 246% growth, crushed consensus estimates by a whopping 42%.To top off a record quarter, the Musk-led enterprise grew total production and vehicle deliveries by a respective 69% and 68%, producing 305,407 vehicles and delivering 310,048. Per management's guidance, investors can expect the company to achieve 50% average annual growth in deliveries over a multi-year time horizon. In fiscal 2022, analysts are modeling a top line and adjusted bottom line of $86.5 billion and $12.32/share, translating to robust year-over-year ascents of 61% and 82%, respectively.Amid such incredible growth, the company's balance sheet and cash generation are equally thriving. In its latest quarter, the EV commander revealed that total debt excluding vehicle and energy product financing fell below $100 million. The company is manifesting the \"cash is king\" mantra as well: In the first quarter, free cash flow surged an astonishing 660% to $2.2 billion. Provided that the global EV market is projected to expand at a compound annual growth rate (CAGR) of 25% through 2028 to nearly $1 trillion, it could be said with exceedingly high confidence that Tesla is poised for more success in the coming years.Tesla's valuation is still highEven without context, though, Tesla's valuation is extremely high. The stock is trading at 98.2 times earnings at the moment, an extremely lofty multiple even post-correction.Comparing the EV behemoth to other automobile manufacturers further underscores its expensive stock price. As seen in the below chart, competitors General Motors (GM 0.81%), Ford (F 0.55%), and Toyota (TM 0.26%) have price-to-earnings multiples of 6.2, 4.6, and 7.9, respectively. Whether or not Tesla deserves a premium valuation is a frequent debate among the bulls and the bears. However, it's rather indisputable that the EV stock is richly priced. It would take a major share price collapse for Tesla to truly be considered cheap.TSLA PE Ratio data by YChartsShould investors buy the stock now?Tesla's pullback has certainly grabbed my attention -- the company is the unequivocal pacesetter in the EV market, an industry that is still in the earlier innings of development. That said, the company's valuation isn't exactly attractive yet, and it would take far more downward pressure to make the stock appear cheap. Investors should keep a close eye on Tesla moving forward, as there's surely a chance it'll continue on a downward path in the periods ahead.While it's a fantastic company and a sure winner in the EV space, I don't suggest buying the stock just yet. Take advantage of the recent tech sell-off and look for other companies that carry more enticing valuations today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9016064795,"gmtCreate":1649114542671,"gmtModify":1676534451846,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016064795","repostId":"2225824307","repostType":4,"repost":{"id":"2225824307","kind":"news","pubTimestamp":1649113853,"share":"https://ttm.financial/m/news/2225824307?lang=&edition=fundamental","pubTime":"2022-04-05 07:10","market":"us","language":"en","title":"After-Hours Stock Movers: RCUS, CCL, RCL Higher; ANY,XPOF Lower","url":"https://stock-news.laohu8.com/highlight/detail?id=2225824307","media":"StreetInsider","summary":"After-Hours Stock Movers:Sphere 3D Corp. (Nasdaq: ANY) 28% LOWER; mutually agreed to terminate the m","content":"<html><head></head><body><p>After-Hours Stock Movers:</p><p><a href=\"https://laohu8.com/S/ANY\">Sphere 3D Corp</a>. (Nasdaq: ANY) 28% LOWER; mutually agreed to terminate the merger with Gryphon Digital Mining, Inc.</p><p><a href=\"https://laohu8.com/S/RCUS\">Arcus Biosciences Inc.</a> (NYSE: RCUS) 11% HIGHER; will replace Investors Bancorp in the S&amp;P SmallCap 600 on Thursday, April 7</p><p><a href=\"https://laohu8.com/S/XPOF\">Xponential Fitness, Inc.</a> (NYSE: XPOF)  6% LOWER; to offer 4.5 million shares for affiliates of Snapdragon Capital Partners, owned by its Chairman Mark Grabowski.</p><p>Carnival Corporation (NYSE: CCL) 3% HIGHER; 7-day booking total from March 28 - April 3 for Carnival Cruise Line was the busiest booking week in its history.</p><p>Royal Caribbean Cruises Ltd. (NYSE: RCL) 2% HIGHER; gains on CCL bookings news.</p><p>Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH)  2% HIGHER; gains on CCL bookings news.</p></body></html>","source":"highlight_streetinsider","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>After-Hours Stock Movers: RCUS, CCL, RCL Higher; ANY,XPOF 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\">\nAfter-Hours Stock Movers: RCUS, CCL, RCL Higher; ANY,XPOF Lower\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-05 07:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19871772><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock Movers:Sphere 3D Corp. (Nasdaq: ANY) 28% LOWER; mutually agreed to terminate the merger with Gryphon Digital Mining, Inc.Arcus Biosciences Inc. (NYSE: RCUS) 11% HIGHER; will replace ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19871772\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4216":"消闲设施","BK4517":"邮轮概念","BK4142":"酒店、度假村与豪华游轮","RCL":"皇家加勒比邮轮","ANY":"Sphere 3D Corp","CCL":"嘉年华邮轮","BK4566":"资本集团","BK4097":"系统软件","RCUS":"Arcus Biosciences Inc.","BK4139":"生物科技","BK4539":"次新股","XPOF":"Xponential Fitness, Inc."},"source_url":"https://www.streetinsider.com/dr/news.php?id=19871772","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2225824307","content_text":"After-Hours Stock Movers:Sphere 3D Corp. (Nasdaq: ANY) 28% LOWER; mutually agreed to terminate the merger with Gryphon Digital Mining, Inc.Arcus Biosciences Inc. (NYSE: RCUS) 11% HIGHER; will replace Investors Bancorp in the S&P SmallCap 600 on Thursday, April 7Xponential Fitness, Inc. (NYSE: XPOF)  6% LOWER; to offer 4.5 million shares for affiliates of Snapdragon Capital Partners, owned by its Chairman Mark Grabowski.Carnival Corporation (NYSE: CCL) 3% HIGHER; 7-day booking total from March 28 - April 3 for Carnival Cruise Line was the busiest booking week in its history.Royal Caribbean Cruises Ltd. (NYSE: RCL) 2% HIGHER; gains on CCL bookings news.Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH)  2% HIGHER; gains on CCL bookings news.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010689312,"gmtCreate":1648354866374,"gmtModify":1676534330901,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010689312","repostId":"1121832964","repostType":4,"repost":{"id":"1121832964","kind":"news","pubTimestamp":1648339990,"share":"https://ttm.financial/m/news/1121832964?lang=&edition=fundamental","pubTime":"2022-03-27 08:13","market":"us","language":"en","title":"US IPO Weekly Recap: The IPO Market Remains Frozen in a 1 IPO Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1121832964","media":"Renaissance Capital","summary":"The IPO market stayed relatively quiet, with only one IPO and one SPAC pricing this past week. Pipel","content":"<html><head></head><body><p>The IPO market stayed relatively quiet, with only one IPO and one SPAC pricing this past week. Pipeline activity maintained its slow pace, with only two small IPOs and one SPAC submitting initial filings.</p><p>AN2 Therapeutics (ANTX) priced its upsized IPO at the midpoint to raise $69 million at a $296 million market cap. The company is developing an in-licensed therapy for non-tuberculous mycobacterial lung diseases. AN2 Therapeutics aims to begin its Phase 2/3 trial by the end of the 1H22 and expects data mid-2023.</p><p>RF Acquisition (RFACU) was the sole SPAC to come to market, and raised $100 million to target new economy businesses in southeast Asia.</p><p><img src=\"https://static.tigerbbs.com/e0cbdd02f8df5349adfe8dc2576ba36c\" tg-width=\"1408\" tg-height=\"299\" referrerpolicy=\"no-referrer\"/></p><p>Two IPOs submitted initial filings this past week. Taiwanese carbon fiber part manufacturer J-Star Holding (YMAT) and hemp cigarette manufacturer Hempacco (HPCO) both filed to raise $17 on the Nasdaq.</p><p>Aimfinity Investment I (AIMAU) was the sole SPAC to submit an initial filing. The company filed to raise $70 million to target the technology sector.</p><p><img src=\"https://static.tigerbbs.com/975084a777b3551493806f867d17a121\" tg-width=\"1406\" tg-height=\"367\" referrerpolicy=\"no-referrer\"/></p><h2>IPO Market Snapshot</h2><p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 3/24/2022, the Renaissance IPO Index was down 22.5% year-to-date, while the S&amp;P 500 was down 4.8%. Renaissance Capital&#39;s IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Uber Technologies (UBER) and Snowflake (SNOW). The Renaissance International IPO Index was down 22.9% year-to-date, while the ACWX was down 6.2%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Volvo Car Group and Kuaishou.</p></body></html>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Weekly Recap: The IPO Market Remains Frozen in a 1 IPO Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Weekly Recap: The IPO Market Remains Frozen in a 1 IPO Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-27 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/91679/US-IPO-Weekly-Recap-The-IPO-market-remains-frozen-in-a-1-IPO-week><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The IPO market stayed relatively quiet, with only one IPO and one SPAC pricing this past week. Pipeline activity maintained its slow pace, with only two small IPOs and one SPAC submitting initial ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/91679/US-IPO-Weekly-Recap-The-IPO-market-remains-frozen-in-a-1-IPO-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ANTX":"AN2 Therapeutics, Inc.","RFACU":"RF Acquisition Corp."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/91679/US-IPO-Weekly-Recap-The-IPO-market-remains-frozen-in-a-1-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121832964","content_text":"The IPO market stayed relatively quiet, with only one IPO and one SPAC pricing this past week. Pipeline activity maintained its slow pace, with only two small IPOs and one SPAC submitting initial filings.AN2 Therapeutics (ANTX) priced its upsized IPO at the midpoint to raise $69 million at a $296 million market cap. The company is developing an in-licensed therapy for non-tuberculous mycobacterial lung diseases. AN2 Therapeutics aims to begin its Phase 2/3 trial by the end of the 1H22 and expects data mid-2023.RF Acquisition (RFACU) was the sole SPAC to come to market, and raised $100 million to target new economy businesses in southeast Asia.Two IPOs submitted initial filings this past week. Taiwanese carbon fiber part manufacturer J-Star Holding (YMAT) and hemp cigarette manufacturer Hempacco (HPCO) both filed to raise $17 on the Nasdaq.Aimfinity Investment I (AIMAU) was the sole SPAC to submit an initial filing. The company filed to raise $70 million to target the technology sector.IPO Market SnapshotThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 3/24/2022, the Renaissance IPO Index was down 22.5% year-to-date, while the S&P 500 was down 4.8%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Uber Technologies (UBER) and Snowflake (SNOW). The Renaissance International IPO Index was down 22.9% year-to-date, while the ACWX was down 6.2%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Volvo Car Group and Kuaishou.","news_type":1},"isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031826809,"gmtCreate":1646526746610,"gmtModify":1676534136243,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031826809","repostId":"1178979994","repostType":4,"repost":{"id":"1178979994","kind":"news","pubTimestamp":1646440407,"share":"https://ttm.financial/m/news/1178979994?lang=&edition=fundamental","pubTime":"2022-03-05 08:33","market":"us","language":"en","title":"3 Top MLPs to Buy For High Yields","url":"https://stock-news.laohu8.com/highlight/detail?id=1178979994","media":"InvestorPlace","summary":"We believe that investors searching for income consider owning master limited partnerships, or MLPs.","content":"<html><head></head><body><p>We believe that investors searching for income consider owning master limited partnerships, or MLPs. These stocks typically provide very high yields, often in the high single- to low double-digit range.</p><p>Of course, high yields often come with high risk, so investors need to identify high-quality MLPs that are likely to continue to at least maintain, if not raise, their distribution.</p><p>Three of our top high-yield MLPs that we believe will continue to pay high yields to shareholders include:</p><ul><li><b>Enterprise Products Partners</b>(NYSE:<b><u>EPD</u></b>)</li><li><b>KNOT Offshore Partners</b>(NYSE:<b><u>KNOP</u></b>)</li><li><b>Magellan Midstream Partners</b>(NYSE:<b><u>MMP</u></b>)</li></ul><p>Enterprise Products Partners (EPD)</p><p>Our first name for consideration is Enterprise Products Partners, one of the largest MLPs in the industry. The $54.5 billion partnership generates annual revenue of close to $41 billion.</p><p>Enterprise Products Partners stores and transports oil and gas through its massive pipeline system. In total, the partnership has nearly 50,000 miles of pipeline that transport natural gas, natural gas liquids, crude oil, and refined products. Enterprise Products Partners has storage facilities that can hold more than 250 million barrels.</p><p>The partnership’s extensive network of pipeline grants it a diversity of asset and geographic reach. Enterprise Products Partners is also able to pivot its pipeline system to move whatever energy product it wishes. This gives Enterprise Products Partners an asset base that few other in the industry can match. It would be cost prohibitive and maybe even politically impossible for another partnership to try to replicate what the partnership has created.</p><p>Enterprise Products Partners’ collects fees on the materials that it transports and stores, making the partnership a toll road for those wishing to move energy products. This helps to insulate the business from the ups and downs of the energy price cycle.</p><p>Enterprise Products Partners is also well positioned to take advantage of the growing demand for liquefied natural gas and liquefied petroleum gas. The partnership has a number of terminals that will aid the business as the U.S. exports grow in size over the next few years.</p><p>A credit rating of BBB+ and Baa1 from Standard &amp; Poor’s and Moody’s, respectively, means that the partnership has a better balance sheet than the vast majority of MLPs.</p><p>The business is been very successful over the years, which has allowed Enterprise Products Partners to raise its dividend for 23 consecutive years. This includes a 3.3% increase for the February 11th, 2022 payment. Enterprise Products Partners differs from most other companies in that it often raises its dividend every quarter, except for 2021, where the dividend was held constant all four payments. Using the new annualized dividend, distributions have a CAGR of more than 4% over the last decade.</p><p>Shares yield 7.4%, more than five times the average yield of the S&amp;P 500 Index. The dividend also looks to be in very sound ground, as Enterprise Products Partners has an average distributable cash flow per unit payout ratio of 57% over the last decade. Combining this reasonable payout ratio with a distribution coverage ratio of more than 1.6x, Enterprise Products Partners is poised to continue to raise its already generous dividend.</p><p>KNOT Offshore Partners (KNOP)</p><p>Our next pick of MLPs is KNOT Offshore Partners, which owns and operates shuttle tankers in the North Sea and Brazil. The partnership has a market capitalization of $525 million and revenue of $279 million last year.</p><p>Knutsen NYK Offshore tankers AS, which is the sponsor for the partnership, has the responsibility of finding, purchasing, and dropping down of ships to KNOT Offshore Partners. As a result, the business is extremely efficient and has just one employee, its CEO.</p><p>The partnership provides loading, transportation, and storage of crude oil under time charters and bareboat charters. Currently, there are seventeen shuttle tankers in service, most of which has long-term and fixed contracts that must be paid regardless of the price of energy. KNOT Offshore Partners’ shuttle tankers have an average age of just under 8 years, which means that the partnership could see several decades of use from its present fleet.</p><p>Due to its business model, KNOT Offshore Partners hasn’t seen the fluctuations in distributable cash flow per unit that many of its peers have experienced. This is due to its contractual agreements and its ability to see higher rental rates when the price of energy is higher. This pattern is likely to continue as the sponsor could drop down as many as three new shuttle tankers through the end of the year.</p><p>At the time of its most recent quarterly report, KNOT Offshore Partners had a utilization rate of 91.9%. This was below the prior year’s result, but this was due mostly to the timing of a charter contract and mechanical issues with another shuttle.</p><p>KNOT Offshore Partners has maintained the same quarterly distribution of $0.52 per share since the November 13th, 2015 payment. The expected coverage ratio for last year is just 1.2, lower than it has been in recent years. The expected distributable cash flow payout ratio is also higher than normal at 84% for 2021. Historically, the payout ratio has been near 70%. Therefore, we do not anticipate that the partnership will raise its dividend in the near future. The tradeoff to this lack of growth is that shareholders are receiving a 13.4% yield today.</p><p>Even with a high payout ratio and lack of dividend growth, we remain confident that KNOT Offshore Partners will be able to continue making its payments to shareholders. The business model has proven successful at navigating other difficult operating environments and will energy prices surging, KNOT Offshore Partners is expected continuing to see high demand for shuttle tankers.</p><p>Magellan Midstream Partners (MMP)</p><p>Our final pick among MLPs is Magellan Midstream Partners, which operates a vast pipeline network. The partnership is valued at $10.4 billion and has annual revenue of $2.8 billion.</p><p>Like Enterprise Products Partners, Magellan Midstream Partners operates one of the longest pipeline systems of refined products in the country. The partnership operates 9,800 miles of pipeline and 54 terminals used in the transportation of refined products. Two storage facilities can hold 18 million barrels of product as well. The partnership also has 2,200 miles of crude oil pipeline and can store 37 million barrels. Magellan Midstream Partners connects to nearly half of the refining capacity in the U.S., giving it a size and scale that few, if any, are able to compete with.</p><p>Given the breadth of Magellan Midstream Partners’ pipeline and storage network, the partnership is able to offer customers connection between refineries and gas stations and railroads throughout much of the country. As a result, Magellan Midstream Partners’ contracts often include inflation adjusted increases in fees, which is almost certainly benefiting the partnership given the rise in inflation.</p><p>Magellan Midstream Partners has a fee-based model. Less than 10% of operating income is sensitive to energy prices, helping to insulate the partnership against downturns in the market. This could limit some upside potential, but this business model offers some stability in an industry where stability is rare.</p><p>Magellan Midstream Partners had raised its dividend 70 consecutive quarters prior to freezing it due to the Covid-19 pandemic. The partnership last raised its dividend 1% for the November 12th, 2021 payment date. The payout ratio is expected to be 80% for 2021, in-line with the average of the last five years. Leadership also has a coverage ratio target of at least 1.2. Our expected coverage ratio for 2022 of 1.25 is ahead of this target.  Shares of the partnership yield 8.5%.</p><p>Final Thoughts</p><p>Investors searching for sources of high yields that are secure don’t often have too many options to choose from. Enterprise Products Partners, KNOT Offshore Partners, and Magellan Midstream Partners are three names we believe can continue to offer investors generous yields that appear safe from a dividend cut.</p><p>Each of these MLPs has competitive advantages that help separate it from the rest of the industry, leading to the generous yields that each offers. Each partnership also has sufficient coverage that a dividend cut does not appear to be imminent.</p><p>This suggests that investors looking for safe and high yields consider adding Enterprise Products Partners, KNOT Offshore Partners, or Magellan Midstream Partners to their portfolio.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top MLPs to Buy For High Yields</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\">\n3 Top MLPs to Buy For High Yields\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-05 08:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/03/3-top-mlps-to-buy-for-high-yields/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We believe that investors searching for income consider owning master limited partnerships, or MLPs. These stocks typically provide very high yields, often in the high single- to low double-digit ...</p>\n\n<a href=\"https://investorplace.com/2022/03/3-top-mlps-to-buy-for-high-yields/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KNOP":"KNOT Offshore Partners LP Common","EPD":"Enterprise Products Partners L.P"},"source_url":"https://investorplace.com/2022/03/3-top-mlps-to-buy-for-high-yields/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178979994","content_text":"We believe that investors searching for income consider owning master limited partnerships, or MLPs. These stocks typically provide very high yields, often in the high single- to low double-digit range.Of course, high yields often come with high risk, so investors need to identify high-quality MLPs that are likely to continue to at least maintain, if not raise, their distribution.Three of our top high-yield MLPs that we believe will continue to pay high yields to shareholders include:Enterprise Products Partners(NYSE:EPD)KNOT Offshore Partners(NYSE:KNOP)Magellan Midstream Partners(NYSE:MMP)Enterprise Products Partners (EPD)Our first name for consideration is Enterprise Products Partners, one of the largest MLPs in the industry. The $54.5 billion partnership generates annual revenue of close to $41 billion.Enterprise Products Partners stores and transports oil and gas through its massive pipeline system. In total, the partnership has nearly 50,000 miles of pipeline that transport natural gas, natural gas liquids, crude oil, and refined products. Enterprise Products Partners has storage facilities that can hold more than 250 million barrels.The partnership’s extensive network of pipeline grants it a diversity of asset and geographic reach. Enterprise Products Partners is also able to pivot its pipeline system to move whatever energy product it wishes. This gives Enterprise Products Partners an asset base that few other in the industry can match. It would be cost prohibitive and maybe even politically impossible for another partnership to try to replicate what the partnership has created.Enterprise Products Partners’ collects fees on the materials that it transports and stores, making the partnership a toll road for those wishing to move energy products. This helps to insulate the business from the ups and downs of the energy price cycle.Enterprise Products Partners is also well positioned to take advantage of the growing demand for liquefied natural gas and liquefied petroleum gas. The partnership has a number of terminals that will aid the business as the U.S. exports grow in size over the next few years.A credit rating of BBB+ and Baa1 from Standard & Poor’s and Moody’s, respectively, means that the partnership has a better balance sheet than the vast majority of MLPs.The business is been very successful over the years, which has allowed Enterprise Products Partners to raise its dividend for 23 consecutive years. This includes a 3.3% increase for the February 11th, 2022 payment. Enterprise Products Partners differs from most other companies in that it often raises its dividend every quarter, except for 2021, where the dividend was held constant all four payments. Using the new annualized dividend, distributions have a CAGR of more than 4% over the last decade.Shares yield 7.4%, more than five times the average yield of the S&P 500 Index. The dividend also looks to be in very sound ground, as Enterprise Products Partners has an average distributable cash flow per unit payout ratio of 57% over the last decade. Combining this reasonable payout ratio with a distribution coverage ratio of more than 1.6x, Enterprise Products Partners is poised to continue to raise its already generous dividend.KNOT Offshore Partners (KNOP)Our next pick of MLPs is KNOT Offshore Partners, which owns and operates shuttle tankers in the North Sea and Brazil. The partnership has a market capitalization of $525 million and revenue of $279 million last year.Knutsen NYK Offshore tankers AS, which is the sponsor for the partnership, has the responsibility of finding, purchasing, and dropping down of ships to KNOT Offshore Partners. As a result, the business is extremely efficient and has just one employee, its CEO.The partnership provides loading, transportation, and storage of crude oil under time charters and bareboat charters. Currently, there are seventeen shuttle tankers in service, most of which has long-term and fixed contracts that must be paid regardless of the price of energy. KNOT Offshore Partners’ shuttle tankers have an average age of just under 8 years, which means that the partnership could see several decades of use from its present fleet.Due to its business model, KNOT Offshore Partners hasn’t seen the fluctuations in distributable cash flow per unit that many of its peers have experienced. This is due to its contractual agreements and its ability to see higher rental rates when the price of energy is higher. This pattern is likely to continue as the sponsor could drop down as many as three new shuttle tankers through the end of the year.At the time of its most recent quarterly report, KNOT Offshore Partners had a utilization rate of 91.9%. This was below the prior year’s result, but this was due mostly to the timing of a charter contract and mechanical issues with another shuttle.KNOT Offshore Partners has maintained the same quarterly distribution of $0.52 per share since the November 13th, 2015 payment. The expected coverage ratio for last year is just 1.2, lower than it has been in recent years. The expected distributable cash flow payout ratio is also higher than normal at 84% for 2021. Historically, the payout ratio has been near 70%. Therefore, we do not anticipate that the partnership will raise its dividend in the near future. The tradeoff to this lack of growth is that shareholders are receiving a 13.4% yield today.Even with a high payout ratio and lack of dividend growth, we remain confident that KNOT Offshore Partners will be able to continue making its payments to shareholders. The business model has proven successful at navigating other difficult operating environments and will energy prices surging, KNOT Offshore Partners is expected continuing to see high demand for shuttle tankers.Magellan Midstream Partners (MMP)Our final pick among MLPs is Magellan Midstream Partners, which operates a vast pipeline network. The partnership is valued at $10.4 billion and has annual revenue of $2.8 billion.Like Enterprise Products Partners, Magellan Midstream Partners operates one of the longest pipeline systems of refined products in the country. The partnership operates 9,800 miles of pipeline and 54 terminals used in the transportation of refined products. Two storage facilities can hold 18 million barrels of product as well. The partnership also has 2,200 miles of crude oil pipeline and can store 37 million barrels. Magellan Midstream Partners connects to nearly half of the refining capacity in the U.S., giving it a size and scale that few, if any, are able to compete with.Given the breadth of Magellan Midstream Partners’ pipeline and storage network, the partnership is able to offer customers connection between refineries and gas stations and railroads throughout much of the country. As a result, Magellan Midstream Partners’ contracts often include inflation adjusted increases in fees, which is almost certainly benefiting the partnership given the rise in inflation.Magellan Midstream Partners has a fee-based model. Less than 10% of operating income is sensitive to energy prices, helping to insulate the partnership against downturns in the market. This could limit some upside potential, but this business model offers some stability in an industry where stability is rare.Magellan Midstream Partners had raised its dividend 70 consecutive quarters prior to freezing it due to the Covid-19 pandemic. The partnership last raised its dividend 1% for the November 12th, 2021 payment date. The payout ratio is expected to be 80% for 2021, in-line with the average of the last five years. Leadership also has a coverage ratio target of at least 1.2. Our expected coverage ratio for 2022 of 1.25 is ahead of this target.  Shares of the partnership yield 8.5%.Final ThoughtsInvestors searching for sources of high yields that are secure don’t often have too many options to choose from. Enterprise Products Partners, KNOT Offshore Partners, and Magellan Midstream Partners are three names we believe can continue to offer investors generous yields that appear safe from a dividend cut.Each of these MLPs has competitive advantages that help separate it from the rest of the industry, leading to the generous yields that each offers. Each partnership also has sufficient coverage that a dividend cut does not appear to be imminent.This suggests that investors looking for safe and high yields consider adding Enterprise Products Partners, KNOT Offshore Partners, or Magellan Midstream Partners to their portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039195953,"gmtCreate":1645942077180,"gmtModify":1676534076800,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039195953","repostId":"1125580913","repostType":4,"repost":{"id":"1125580913","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1645926503,"share":"https://ttm.financial/m/news/1125580913?lang=&edition=fundamental","pubTime":"2022-02-27 09:48","market":"us","language":"en","title":"Buffett Full Annual Letter：Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value","url":"https://stock-news.laohu8.com/highlight/detail?id=1125580913","media":"Tiger Newspress","summary":"Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-yea","content":"<html><head></head><body><p>Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.</p><p>Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.</p><p>In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.</p><p>“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.</p><p>Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.</p><p>“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”</p><p>Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.</p><p>“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.</p><p>Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.</p><p>Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.</p><p>“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”</p><p><b>Read the full letter here：</b></p><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.</p><p>Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.</p><p>Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.</p><p>A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.</p><p>Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.</p><p><b>What You Own</b></p><p>Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.</p><p>Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.</p><h2><b>Surprise, Surprise</b></h2><p>Here are a few items about your company that often surprise even seasoned investors:</p><p>• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.</p><p>At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.</p><p>• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid</p><p>$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.</p><p>Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between  government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.</p><p></p><p>The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).</p><p>I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.</p><p>In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from</p><p>$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.</p><p>During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.</p><p>Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.</p><p>Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.</p><p>In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.</p><p>• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.</p><p>So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.</p><p>Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.</p><p>If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.</p><p>Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”</p><p>I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.</p><p>One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.</p><p>Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.</p><h2>Our Four Giants</h2><p>Through Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.</p><p>• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.</p><p>The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.</p><p>There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.</p><p>• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.</p><p>It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.</p><p>• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.</p><p>Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )</p><p>BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.</p><p>• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.</p><p>BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.</p><p>Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.</p><p>To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.</p><h2>Investments</h2><p>Now let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.</p><p><img src=\"https://static.tigerbbs.com/d43587e9f59c0ff76e6c04c6bf9af324\" tg-width=\"1047\" tg-height=\"530\" referrerpolicy=\"no-referrer\"/>* This is our actual purchase price and also our tax basis.</p><p>** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.</p><p>*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.</p><p>In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.</p><p>Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.</p><h2>U.S. Treasury Bills</h2><p>Berkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.</p><p>Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.</p><h2>But $144 billion?</h2><p>That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)</p><p>After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.</p><p>Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.</p><h2>Share Repurchases</h2><p>There are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.</p><p>Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.</p><p>That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.</p><p>Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)</p><p>Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).</p><p>I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.</p><p>It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.</p><p>Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.</p><h2>A Wonderful Man and a Wonderful Business</h2><p>Last year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.</p><p>In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.</p><p>With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.</p><p>But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?</p><p>For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.</p><p>But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.</p><p>Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.</p><p>When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.</p><p>To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.</p><p>Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”</p><p>When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.</p><p>At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.</p><p>In all ways, Paul was a class act.</p><p>* * * * * * * * * * * *</p><p>Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.</p><p>Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.</p><p>In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.</p><p>Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.</p><p>The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.</p><p>On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.</p><p>Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.</p><p>The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.</p><h2>Thanks</h2><p>I taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.</p><p>Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.</p><p>Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.</p><p>Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”</p><p>Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.</p><p>Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.</p><p>I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction working</p><p>for you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.</p><p>Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.</p><p>To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.</p><p>Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.</p><p>Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”</p><h2>The Annual Meeting</h2><p>Clear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.</p><p>I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.</p><p>February 26, 2022</p><p>Warren E. Buffett Chairman of the Board</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buffett Full Annual Letter：Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value</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\">\nBuffett Full Annual Letter：Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-27 09:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.</p><p>Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.</p><p>In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.</p><p>“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.</p><p>Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.</p><p>“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”</p><p>Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.</p><p>“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.</p><p>Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.</p><p>Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.</p><p>“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”</p><p><b>Read the full letter here：</b></p><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.</p><p>Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.</p><p>Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.</p><p>A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.</p><p>Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.</p><p><b>What You Own</b></p><p>Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.</p><p>Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.</p><h2><b>Surprise, Surprise</b></h2><p>Here are a few items about your company that often surprise even seasoned investors:</p><p>• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.</p><p>At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.</p><p>• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid</p><p>$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.</p><p>Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between  government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.</p><p></p><p>The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).</p><p>I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.</p><p>In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from</p><p>$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.</p><p>During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.</p><p>Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.</p><p>Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.</p><p>In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.</p><p>• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.</p><p>So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.</p><p>Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.</p><p>If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.</p><p>Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”</p><p>I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.</p><p>One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.</p><p>Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.</p><h2>Our Four Giants</h2><p>Through Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.</p><p>• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.</p><p>The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.</p><p>There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.</p><p>• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.</p><p>It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.</p><p>• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.</p><p>Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )</p><p>BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.</p><p>• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.</p><p>BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.</p><p>Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.</p><p>To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.</p><h2>Investments</h2><p>Now let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.</p><p><img src=\"https://static.tigerbbs.com/d43587e9f59c0ff76e6c04c6bf9af324\" tg-width=\"1047\" tg-height=\"530\" referrerpolicy=\"no-referrer\"/>* This is our actual purchase price and also our tax basis.</p><p>** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.</p><p>*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.</p><p>In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.</p><p>Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.</p><h2>U.S. Treasury Bills</h2><p>Berkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.</p><p>Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.</p><h2>But $144 billion?</h2><p>That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)</p><p>After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.</p><p>Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.</p><h2>Share Repurchases</h2><p>There are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.</p><p>Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.</p><p>That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.</p><p>Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)</p><p>Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).</p><p>I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.</p><p>It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.</p><p>Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.</p><h2>A Wonderful Man and a Wonderful Business</h2><p>Last year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.</p><p>In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.</p><p>With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.</p><p>But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?</p><p>For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.</p><p>But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.</p><p>Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.</p><p>When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.</p><p>To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.</p><p>Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”</p><p>When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.</p><p>At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.</p><p>In all ways, Paul was a class act.</p><p>* * * * * * * * * * * *</p><p>Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.</p><p>Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.</p><p>In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.</p><p>Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.</p><p>The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.</p><p>On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.</p><p>Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.</p><p>The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.</p><h2>Thanks</h2><p>I taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.</p><p>Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.</p><p>Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.</p><p>Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”</p><p>Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.</p><p>Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.</p><p>I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction working</p><p>for you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.</p><p>Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.</p><p>To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.</p><p>Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.</p><p>Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”</p><h2>The Annual Meeting</h2><p>Clear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.</p><p>I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.</p><p>February 26, 2022</p><p>Warren E. Buffett Chairman of the Board</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125580913","content_text":"Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”Read the full letter here：To the Shareholders of Berkshire Hathaway Inc.:Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.What You OwnBerkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.Surprise, SurpriseHere are a few items about your company that often surprise even seasoned investors:• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between  government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.Our Four GiantsThrough Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.InvestmentsNow let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.* This is our actual purchase price and also our tax basis.** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.U.S. Treasury BillsBerkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.But $144 billion?That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.Share RepurchasesThere are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.A Wonderful Man and a Wonderful BusinessLast year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.In all ways, Paul was a class act.* * * * * * * * * * * *Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.ThanksI taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction workingfor you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”The Annual MeetingClear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.February 26, 2022Warren E. Buffett Chairman of the Board","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9097103977,"gmtCreate":1645363171388,"gmtModify":1676534021571,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097103977","repostId":"1117918326","repostType":4,"repost":{"id":"1117918326","kind":"news","pubTimestamp":1645317671,"share":"https://ttm.financial/m/news/1117918326?lang=&edition=fundamental","pubTime":"2022-02-20 08:41","market":"us","language":"en","title":"3 Stocks That Could Be Worth More Than Apple by 2035","url":"https://stock-news.laohu8.com/highlight/detail?id=1117918326","media":"Motley Fool","summary":"Apple leads the market cap race with $2.8 trillion in valuation.","content":"<html><head></head><body><p><b>Key Points</b></p><ul><li>Amazon and Tesla command the fourth- and fifth-largest market caps, respectively, but they have a lot of growth left to conquer in the coming years.</li><li>Shopify is much smaller than Amazon or Tesla, but its unique e-commerce platform could make it globally dominant in a world where more and more people are working for themselves or dreaming up a side hustle.</li><li>Apple wasn&#39;t on top of the market cap hill 13 years ago. It shouldn&#39;t surprise anyone if it&#39;s not on top 13 years from now.</li></ul><p><b>Apple</b> (NASDAQ:AAPL) is a beast, and nobody is going to topple it from the king of the market cap hill anytime soon. Apple&#39;s $2.8 billion valuation is dominant right now, but the class act of Cupertino probably won&#39;t be on top forever. Go out 13 years and it wouldn&#39;t be a surprise to see someone else in that spot. Who can it be?</p><p>I think <b>Amazon</b> (NASDAQ:AMZN), <b>Tesla Motors</b> (NASDAQ:TSLA), and <b>Shopify</b> (NYSE:SHOP) have fair shots to inherit the market cap crown from Apple. Let&#39;s see why each of these three already well-known companies can be the most valuable publicly traded company come 2035.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9b0458194138e6515c5ea46da963058\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><b>Amazon.com</b></p><p>If you&#39;re like me, you lean a lot on Amazon these days. There&#39;s e-commerce, local grocery deliveries, namesake consumer electronics, and a growing slate of digital content. With its widely adopted AWS cloud platform, you&#39;re probably doing business with Amazon even when you don&#39;t realize that you&#39;re doing business with Amazon.</p><p>Amazon&#39;s a beast. Net sales rose 22% to $469.8 billion. Apple clocked in with just $365.8 billion on the top line for its fiscal 2021. Naturally, Amazon currently operates a lower-margin business. Apple deserves the better multiple. However, Amazon has been the more consistent grower. Apple&#39;s growth comes in spurts. It comes through with a fiscal year of double-digit growth in net sales, only to march in place the next two years. Really. Look up the pattern over the past decade. Amazon has a more attractive pattern. It has posted double-digit annual growth in net sales for the last two decades.</p><p>Apple has done a great job of building a high-margin services component to its business on top of its innovative premium-priced products. Apple should continue to do well over time, but it&#39;s also easy to see how Amazon&#39;s consistent big steps could make it more valuable by 2035.</p><p><b>Tesla Motors</b></p><p>This pick will be polarizing. Tesla Motors is already the fifth-most-valuable stock by market cap, and there&#39;s no shortage of bears stumped by how every larger automaker by sales volume is trading for less. I&#39;m not one of those bears, and not just because the legacy car builders often have debt-saddled balance sheets and problematic pension obligations.</p><p>Tesla<i>is</i>different. Everyone is hopping on the electric vehicle trend now, but it will be hard to duplicate the proprietary Supercharger network. It will be hard to catch up to the tech at Tesla, where recalls are usually just over-the-air software updates. Speaking of updates, does your car get better every couple of months like a Tesla?</p><p>Apple turned hardware into a gusher of high-margin services, and Tesla has done the same. Tesla owners can pay $12,000 -- or $199 a month -- for full self-driving features that Elon Musk claims will become a reality later this year. Tesla&#39;s growth has been stunning, but the big mistake that bears make is assuming that the earnings potential of every Tesla that rolls off the line is the same as that of its slow-moving rivals&#39; cars.</p><p><b>Shopify</b></p><p>Let&#39;s go shopping for a third candidate to be king of the hill in 2035. Shopify is considerably smaller than Apple. It would have to appreciate 33-fold to catch up to the top dog. Shopify has also proven mortal lately, down 63% from last year&#39;s all-time high. You still don&#39;t want to bet against the fast-growing platform that is making e-commerce a reality for companies and entrepreneurs of all sizes.</p><p>Revenue rose 57% last year, including a 41% year-over-year top-line gain in the fourth-quarter results it posted this week. Guidance was a bit vague, leading investors to brace for slowing growth. However, Shopify&#39;s unique role is worth exploring. One can argue that Amazon also helps folks sell online through its giant marketplace, but Shopify provides professional stand-alone digital storefronts. Shopify also offers seamless integration into the growing number of channels to sell a product, unlike Amazon, which wants the business to go through its namesake destination.</p><p>The gig economy will continue to expand in the coming years, and Shopify will arm the creative and enterprising with instant online stores. Shopify&#39;s stock may be out of favor right now, but it has a long runway to keep thriving as a growth stock for a long time.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks That Could Be Worth More Than Apple by 2035</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\">\n3 Stocks That Could Be Worth More Than Apple by 2035\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-20 08:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/18/3-stocks-that-could-be-worth-more-than-apple-by-20/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key PointsAmazon and Tesla command the fourth- and fifth-largest market caps, respectively, but they have a lot of growth left to conquer in the coming years.Shopify is much smaller than Amazon or ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/18/3-stocks-that-could-be-worth-more-than-apple-by-20/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","SHOP":"Shopify Inc","TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2022/02/18/3-stocks-that-could-be-worth-more-than-apple-by-20/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117918326","content_text":"Key PointsAmazon and Tesla command the fourth- and fifth-largest market caps, respectively, but they have a lot of growth left to conquer in the coming years.Shopify is much smaller than Amazon or Tesla, but its unique e-commerce platform could make it globally dominant in a world where more and more people are working for themselves or dreaming up a side hustle.Apple wasn't on top of the market cap hill 13 years ago. It shouldn't surprise anyone if it's not on top 13 years from now.Apple (NASDAQ:AAPL) is a beast, and nobody is going to topple it from the king of the market cap hill anytime soon. Apple's $2.8 billion valuation is dominant right now, but the class act of Cupertino probably won't be on top forever. Go out 13 years and it wouldn't be a surprise to see someone else in that spot. Who can it be?I think Amazon (NASDAQ:AMZN), Tesla Motors (NASDAQ:TSLA), and Shopify (NYSE:SHOP) have fair shots to inherit the market cap crown from Apple. Let's see why each of these three already well-known companies can be the most valuable publicly traded company come 2035.IMAGE SOURCE: GETTY IMAGES.Amazon.comIf you're like me, you lean a lot on Amazon these days. There's e-commerce, local grocery deliveries, namesake consumer electronics, and a growing slate of digital content. With its widely adopted AWS cloud platform, you're probably doing business with Amazon even when you don't realize that you're doing business with Amazon.Amazon's a beast. Net sales rose 22% to $469.8 billion. Apple clocked in with just $365.8 billion on the top line for its fiscal 2021. Naturally, Amazon currently operates a lower-margin business. Apple deserves the better multiple. However, Amazon has been the more consistent grower. Apple's growth comes in spurts. It comes through with a fiscal year of double-digit growth in net sales, only to march in place the next two years. Really. Look up the pattern over the past decade. Amazon has a more attractive pattern. It has posted double-digit annual growth in net sales for the last two decades.Apple has done a great job of building a high-margin services component to its business on top of its innovative premium-priced products. Apple should continue to do well over time, but it's also easy to see how Amazon's consistent big steps could make it more valuable by 2035.Tesla MotorsThis pick will be polarizing. Tesla Motors is already the fifth-most-valuable stock by market cap, and there's no shortage of bears stumped by how every larger automaker by sales volume is trading for less. I'm not one of those bears, and not just because the legacy car builders often have debt-saddled balance sheets and problematic pension obligations.Teslaisdifferent. Everyone is hopping on the electric vehicle trend now, but it will be hard to duplicate the proprietary Supercharger network. It will be hard to catch up to the tech at Tesla, where recalls are usually just over-the-air software updates. Speaking of updates, does your car get better every couple of months like a Tesla?Apple turned hardware into a gusher of high-margin services, and Tesla has done the same. Tesla owners can pay $12,000 -- or $199 a month -- for full self-driving features that Elon Musk claims will become a reality later this year. Tesla's growth has been stunning, but the big mistake that bears make is assuming that the earnings potential of every Tesla that rolls off the line is the same as that of its slow-moving rivals' cars.ShopifyLet's go shopping for a third candidate to be king of the hill in 2035. Shopify is considerably smaller than Apple. It would have to appreciate 33-fold to catch up to the top dog. Shopify has also proven mortal lately, down 63% from last year's all-time high. You still don't want to bet against the fast-growing platform that is making e-commerce a reality for companies and entrepreneurs of all sizes.Revenue rose 57% last year, including a 41% year-over-year top-line gain in the fourth-quarter results it posted this week. Guidance was a bit vague, leading investors to brace for slowing growth. However, Shopify's unique role is worth exploring. One can argue that Amazon also helps folks sell online through its giant marketplace, but Shopify provides professional stand-alone digital storefronts. Shopify also offers seamless integration into the growing number of channels to sell a product, unlike Amazon, which wants the business to go through its namesake destination.The gig economy will continue to expand in the coming years, and Shopify will arm the creative and enterprising with instant online stores. Shopify's stock may be out of favor right now, but it has a long runway to keep thriving as a growth stock for a long time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096051475,"gmtCreate":1644274376853,"gmtModify":1676533905997,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096051475","repostId":"2209737361","repostType":4,"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9002750485,"gmtCreate":1642113243796,"gmtModify":1676533681300,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002750485","repostId":"1194290313","repostType":4,"repost":{"id":"1194290313","kind":"news","pubTimestamp":1642087803,"share":"https://ttm.financial/m/news/1194290313?lang=&edition=fundamental","pubTime":"2022-01-13 23:30","market":"us","language":"en","title":"Down 15% Already in 2022, Is This Metaverse Stock a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194290313","media":"Motley Fool","summary":"While 2021 was very good to Roblox(NYSE:RBLX)shareholders, 2022 is off to an arguably poor start. Th","content":"<html><head></head><body><p>While 2021 was very good to <b>Roblox</b>(NYSE:RBLX)shareholders, 2022 is off to an arguably poor start. This gaming platform company with metaverse potential has been caught up in the broader growth stock sell-off and is trading down about 15% year to date.</p><p>Part of the drop can be attributed to some investor concern heading into 2022 about Roblox&#39;s rich valuation. Let&#39;s look closer at this metaverse company and determine if the concern is justified, or if perhaps the stock is worth buying at its lower (but still elevated) price.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/39c7699742042e6778c9a2fe3f20c4be\" tg-width=\"1126\" tg-height=\"680\" referrerpolicy=\"no-referrer\"/><span>VARIOUS CHARACTERS FROM THE ROBLOX UNIVERSE STAND TOGETHER ON A SIMULATED STREET IN THE ROBLOX &#34;METAVERSE.&#34; IMAGE SOURCE: ROBLOX.</span></p><p><b>Roblox is maintaining its user growth momentum</b></p><p>The Roblox app is free to join and use. The company earns revenue through in-app purchases voluntarily made by its users. This freemium model has helped the company attract 49.4 million daily active users (as of November). That&#39;s 35% higher than in the same month in 2020. User engagement and new signups surged for Roblox at the pandemic onset when millions of kids were sent home for remote learning, and extracurricular activities were paused. Despite economies reopening and schools bringing kids back to campus, Roblox has sustained its user growth rates. That&#39;s impressive.</p><p>If users wish to access certain items and activities on the platform, they do so by spending Robux, an in-game currency that is purchased with real money. The company records revenue when users spend Robux in the game. In its most recently reported quarter, ended Sept. 30, Roblox earned $509 million in revenue. That total was up by 102% from the same quarter in 2020. In fact, Roblox has doubled revenue year over year in each of the previous four quarters.</p><p>Roblox in-house developers do not create most of the games and items that players spend Robux on. Instead, Roblox has a community of third-party developers who spend their time and resources using the platform to create unique experiences, gameplay, and objects they think players will enjoy. This business model lowers the development costs for Roblox and it also lowers one of the biggest risks involved with game development -- the cost of developing an unpopular game. The user-developers take on the risk and only get their share of the compensation if the game attracts user engagement and Robux spending. Only proven hits that generate engagement make money.</p><p>The model is proving to be effective at generating cash flow for Roblox. While Roblox isnot profitable on the bottom line, it is earning a growing stream of free cash flow. It has put together a streak of five consecutive quarters where its free cash flow surpassed $100 million. That&#39;s remarkably higher than in all of 2019, when it earned less than $15 million in free cash flow.</p><p>The one metric for Roblox that shows anysigns of slowing downdue to economic reopening is the average booking per daily active user. Booking is the equivalent of a cash deposit. This is money that players are putting onto Roblox to buy Robux, but they have not used it just yet. In its most recent update, Roblox said the average booking per daily active user declined between 8% to 9% from the same month the prior year. A decrease in deposits could foreshadow decreasing year-over-year revenue.</p><p>Interestingly, the metaverse is a place where individuals can virtually interact with each other and their environment. Roblox platform is an early-stage version of this. &#34;Metaverse&#34; means different things to different people, and the way users of Roblox interact with each other through the program already fits at least one of these definitions. But there is more it can do, and Roblox management is working with in-house and outside developers to see where it can go with this trend. Of course, the quality of this experience is improved the more immersive it feels. In that regard, Roblox&#39;s attractiveness to users will increase as virtual reality hardware becomes more readily available at more affordable prices.</p><p><b>An excellent company that appears overpriced</b></p><p>The fall in Roblox&#39;s stock price has it trading at a price-to-sales ratio of 25.4, down from 40 just a few months ago. It also dropped its price-to-free-cash-flow ratio to 70, down from over 105 a few months earlier. Both metrics suggest the stock is still trading at a premium. Some of that may be related to Roblox&#39;s long-term potential to be a metaverse player. If you agree with this assessment, now might be as good a time as any to buy-in. For others, the fall has made Roblox stock a little more attractive, but investors might want towait a bit longer and see if there is a further pullbackbefore adding shares of this excellent metaversestock.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Down 15% Already in 2022, Is This Metaverse Stock a Buy?</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\">\nDown 15% Already in 2022, Is This Metaverse Stock a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-13 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/13/is-this-metaverse-stock-buy-2022-roblox/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While 2021 was very good to Roblox(NYSE:RBLX)shareholders, 2022 is off to an arguably poor start. This gaming platform company with metaverse potential has been caught up in the broader growth stock ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/13/is-this-metaverse-stock-buy-2022-roblox/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation"},"source_url":"https://www.fool.com/investing/2022/01/13/is-this-metaverse-stock-buy-2022-roblox/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194290313","content_text":"While 2021 was very good to Roblox(NYSE:RBLX)shareholders, 2022 is off to an arguably poor start. This gaming platform company with metaverse potential has been caught up in the broader growth stock sell-off and is trading down about 15% year to date.Part of the drop can be attributed to some investor concern heading into 2022 about Roblox's rich valuation. Let's look closer at this metaverse company and determine if the concern is justified, or if perhaps the stock is worth buying at its lower (but still elevated) price.VARIOUS CHARACTERS FROM THE ROBLOX UNIVERSE STAND TOGETHER ON A SIMULATED STREET IN THE ROBLOX \"METAVERSE.\" IMAGE SOURCE: ROBLOX.Roblox is maintaining its user growth momentumThe Roblox app is free to join and use. The company earns revenue through in-app purchases voluntarily made by its users. This freemium model has helped the company attract 49.4 million daily active users (as of November). That's 35% higher than in the same month in 2020. User engagement and new signups surged for Roblox at the pandemic onset when millions of kids were sent home for remote learning, and extracurricular activities were paused. Despite economies reopening and schools bringing kids back to campus, Roblox has sustained its user growth rates. That's impressive.If users wish to access certain items and activities on the platform, they do so by spending Robux, an in-game currency that is purchased with real money. The company records revenue when users spend Robux in the game. In its most recently reported quarter, ended Sept. 30, Roblox earned $509 million in revenue. That total was up by 102% from the same quarter in 2020. In fact, Roblox has doubled revenue year over year in each of the previous four quarters.Roblox in-house developers do not create most of the games and items that players spend Robux on. Instead, Roblox has a community of third-party developers who spend their time and resources using the platform to create unique experiences, gameplay, and objects they think players will enjoy. This business model lowers the development costs for Roblox and it also lowers one of the biggest risks involved with game development -- the cost of developing an unpopular game. The user-developers take on the risk and only get their share of the compensation if the game attracts user engagement and Robux spending. Only proven hits that generate engagement make money.The model is proving to be effective at generating cash flow for Roblox. While Roblox isnot profitable on the bottom line, it is earning a growing stream of free cash flow. It has put together a streak of five consecutive quarters where its free cash flow surpassed $100 million. That's remarkably higher than in all of 2019, when it earned less than $15 million in free cash flow.The one metric for Roblox that shows anysigns of slowing downdue to economic reopening is the average booking per daily active user. Booking is the equivalent of a cash deposit. This is money that players are putting onto Roblox to buy Robux, but they have not used it just yet. In its most recent update, Roblox said the average booking per daily active user declined between 8% to 9% from the same month the prior year. A decrease in deposits could foreshadow decreasing year-over-year revenue.Interestingly, the metaverse is a place where individuals can virtually interact with each other and their environment. Roblox platform is an early-stage version of this. \"Metaverse\" means different things to different people, and the way users of Roblox interact with each other through the program already fits at least one of these definitions. But there is more it can do, and Roblox management is working with in-house and outside developers to see where it can go with this trend. Of course, the quality of this experience is improved the more immersive it feels. In that regard, Roblox's attractiveness to users will increase as virtual reality hardware becomes more readily available at more affordable prices.An excellent company that appears overpricedThe fall in Roblox's stock price has it trading at a price-to-sales ratio of 25.4, down from 40 just a few months ago. It also dropped its price-to-free-cash-flow ratio to 70, down from over 105 a few months earlier. Both metrics suggest the stock is still trading at a premium. Some of that may be related to Roblox's long-term potential to be a metaverse player. If you agree with this assessment, now might be as good a time as any to buy-in. For others, the fall has made Roblox stock a little more attractive, but investors might want towait a bit longer and see if there is a further pullbackbefore adding shares of this excellent metaversestock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008825995,"gmtCreate":1641424549021,"gmtModify":1676533612514,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008825995","repostId":"2201255535","repostType":4,"repost":{"id":"2201255535","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":1641423313,"share":"https://ttm.financial/m/news/2201255535?lang=&edition=fundamental","pubTime":"2022-01-06 06:55","market":"us","language":"en","title":"Nasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes","url":"https://stock-news.laohu8.com/highlight/detail?id=2201255535","media":"Reuters","summary":"* S&P 500 posts biggest daily pct fall since Nov. 26* Fed minutes show officials said labor market \"very tight\"* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%NEW YORK, Jan 5 (Reuters) - ","content":"<html><head></head><body><p>* S&amp;P 500 posts biggest daily pct fall since Nov. 26</p><p>* Fed minutes show officials said labor market &#34;very tight&#34;</p><p>* Indexes: Dow down 1.1%, S&amp;P 500 down 1.9%, Nasdaq down 3.3%</p><p>NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.</p><p>The S&amp;P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.</p><p>The S&amp;P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.</p><p>The selloff was broad, with all S&amp;P sectors ending in the red, and Wall Street&#39;s fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.</p><p>In the minutes from the Fed&#39;s Dec. 14-15 policy meeting, central bank policymakers said a &#34;very tight&#34; job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.</p><p>&#34;Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022,&#34; said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes &#34;more hawkish than expected.&#34;</p><p>The S&amp;P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.</p><p>The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&amp;P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.</p><p>Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.</p><p>Growth shares have been under pressure from a recent rise in U.S. Treasury yields.</p><p>The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&amp;P 500 financials index fell 1.3%, a day after it registered an all-time closing high.</p><p>Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed&#39;s benchmark overnight interest rate is currently set near zero.</p><p>Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.</p><p>The report comes ahead of the Labor Department&#39;s more comprehensive and closely watched nonfarm payrolls data for December on Friday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.</p><p>Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes</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\">\nNasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-06 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* S&amp;P 500 posts biggest daily pct fall since Nov. 26</p><p>* Fed minutes show officials said labor market &#34;very tight&#34;</p><p>* Indexes: Dow down 1.1%, S&amp;P 500 down 1.9%, Nasdaq down 3.3%</p><p>NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.</p><p>The S&amp;P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.</p><p>The S&amp;P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.</p><p>The selloff was broad, with all S&amp;P sectors ending in the red, and Wall Street&#39;s fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.</p><p>In the minutes from the Fed&#39;s Dec. 14-15 policy meeting, central bank policymakers said a &#34;very tight&#34; job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.</p><p>&#34;Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022,&#34; said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes &#34;more hawkish than expected.&#34;</p><p>The S&amp;P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.</p><p>The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&amp;P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.</p><p>Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.</p><p>Growth shares have been under pressure from a recent rise in U.S. Treasury yields.</p><p>The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&amp;P 500 financials index fell 1.3%, a day after it registered an all-time closing high.</p><p>Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed&#39;s benchmark overnight interest rate is currently set near zero.</p><p>Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.</p><p>The report comes ahead of the Labor Department&#39;s more comprehensive and closely watched nonfarm payrolls data for December on Friday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.</p><p>Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4559":"巴菲特持仓","SPY":"标普500ETF","BK4550":"红杉资本持仓","BK4504":"桥水持仓",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BK4534":"瑞士信贷持仓",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201255535","content_text":"* S&P 500 posts biggest daily pct fall since Nov. 26* Fed minutes show officials said labor market \"very tight\"* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.The S&P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.The S&P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.The selloff was broad, with all S&P sectors ending in the red, and Wall Street's fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.In the minutes from the Fed's Dec. 14-15 policy meeting, central bank policymakers said a \"very tight\" job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.\"Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes \"more hawkish than expected.\"The S&P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.Growth shares have been under pressure from a recent rise in U.S. Treasury yields.The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&P 500 financials index fell 1.3%, a day after it registered an all-time closing high.Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed's benchmark overnight interest rate is currently set near zero.Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.The report comes ahead of the Labor Department's more comprehensive and closely watched nonfarm payrolls data for December on Friday.Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.The S&P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008003631,"gmtCreate":1641339138946,"gmtModify":1676533599689,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008003631","repostId":"2201418283","repostType":4,"repost":{"id":"2201418283","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":1641336421,"share":"https://ttm.financial/m/news/2201418283?lang=&edition=fundamental","pubTime":"2022-01-05 06:47","market":"us","language":"en","title":"Dow posts closing record high for 2nd day, boosted by banks","url":"https://stock-news.laohu8.com/highlight/detail?id=2201418283","media":"Reuters","summary":"* Financial sector registers all-time closing high* Ford, GM shares rise as electric truck battle heats up* Indexes: Dow up 0.6%, S&P 500 down 0.06%, Nasdaq down 1.3%NEW YORK, Jan 4 (Reuters) - The Do","content":"<html><head></head><body><p>* Financial sector registers all-time closing high</p><p>* Ford, GM shares rise as electric truck battle heats up</p><p>* Indexes: Dow up 0.6%, S&amp;P 500 down 0.06%, Nasdaq down 1.3%</p><p>NEW YORK, Jan 4 (Reuters) - The Dow Jones Industrial Average reached a record closing high on Tuesday for a second straight day as financial and industrial shares rallied, while the Nasdaq fell.</p><p>The S&amp;P 500 ended slightly weaker after hitting an intraday all-time high. Declines in shares of big growth names including Tesla Inc weighed on the index and the Nasdaq Composite, which ended down more than 1%.</p><p>Economically sensitive energy, financials and industrials were the leading sectors in the S&amp;P 500, with financials eking out an all-time closing high.</p><p>Helping sentiment, the World Health Organization cited increasing evidence that the coronavirus variant caused milder symptoms than previous variants.</p><p>Earlier, U.S. manufacturing data for December showed some cooling in demand for goods, but investors took solace in signs of supply constraints easing.</p><p>The S&amp;P 500 bank index rose 3.5% in its biggest daily percentage gain in about a year.</p><p>Some strategists said financials and other value-oriented stocks could be near-term market leaders as investors gear up for interest rate hikes from the Federal Reserve by mid-year to curb high inflation. U.S. Treasury yields gained for a second trading day.</p><p>Investors are &#34;going to punish growth stocks with high valuations,&#34; said Robert Phipps, a director at Per Stirling Capital Management in Austin, Texas.</p><p>&#34;This is a time when defensive stocks and value stocks are likely to outperform.&#34;</p><p>The S&amp;P 500 value index jumped 1%, while the S&amp;P 500 growth index fell 1%.</p><p>The Dow Jones Industrial Average rose 214.59 points, or 0.59%, to 36,799.65; the S&amp;P 500 lost 3.02 points, or 0.06%, at 4,793.54; and the Nasdaq Composite dropped 210.08 points, or 1.33%, to 15,622.72.</p><p>The U.S. central bank said last month it would end its pandemic-era bond buying in 2022, signaling at least three interest rate hikes for the year. Minutes from the meeting are expected to be released on Wednesday.</p><p>Daniel Morgan, portfolio manager at Synovus Trust in Atlanta, said he still favored technology and growth shares, and was optimistic that fourth-quarter earnings for tech and the chip sector in particular could be stronger than Wall Street expectations.</p><p>Tesla shares fell 4.2%, a day after jumping more than 13% on stronger-than-expected quarterly deliveries.</p><p>Ford Motor Co jumped 11.7% after the automaker said it would nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles.</p><p>General Motors Co shares rallied 7.5% a day ahead of its public debut of the Chevrolet Silverado electric pickup, which is slated to go on sale in early 2023.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 70 new 52-week highs and one new low; the Nasdaq Composite recorded 104 new highs and 102 new lows.</p><p>Volume on U.S. exchanges was 11.49 billion shares, compared with about 10.4 billion average for the full session over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow posts closing record high for 2nd day, boosted by banks</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow posts closing record high for 2nd day, boosted by banks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-05 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Financial sector registers all-time closing high</p><p>* Ford, GM shares rise as electric truck battle heats up</p><p>* Indexes: Dow up 0.6%, S&amp;P 500 down 0.06%, Nasdaq down 1.3%</p><p>NEW YORK, Jan 4 (Reuters) - The Dow Jones Industrial Average reached a record closing high on Tuesday for a second straight day as financial and industrial shares rallied, while the Nasdaq fell.</p><p>The S&amp;P 500 ended slightly weaker after hitting an intraday all-time high. Declines in shares of big growth names including Tesla Inc weighed on the index and the Nasdaq Composite, which ended down more than 1%.</p><p>Economically sensitive energy, financials and industrials were the leading sectors in the S&amp;P 500, with financials eking out an all-time closing high.</p><p>Helping sentiment, the World Health Organization cited increasing evidence that the coronavirus variant caused milder symptoms than previous variants.</p><p>Earlier, U.S. manufacturing data for December showed some cooling in demand for goods, but investors took solace in signs of supply constraints easing.</p><p>The S&amp;P 500 bank index rose 3.5% in its biggest daily percentage gain in about a year.</p><p>Some strategists said financials and other value-oriented stocks could be near-term market leaders as investors gear up for interest rate hikes from the Federal Reserve by mid-year to curb high inflation. U.S. Treasury yields gained for a second trading day.</p><p>Investors are &#34;going to punish growth stocks with high valuations,&#34; said Robert Phipps, a director at Per Stirling Capital Management in Austin, Texas.</p><p>&#34;This is a time when defensive stocks and value stocks are likely to outperform.&#34;</p><p>The S&amp;P 500 value index jumped 1%, while the S&amp;P 500 growth index fell 1%.</p><p>The Dow Jones Industrial Average rose 214.59 points, or 0.59%, to 36,799.65; the S&amp;P 500 lost 3.02 points, or 0.06%, at 4,793.54; and the Nasdaq Composite dropped 210.08 points, or 1.33%, to 15,622.72.</p><p>The U.S. central bank said last month it would end its pandemic-era bond buying in 2022, signaling at least three interest rate hikes for the year. Minutes from the meeting are expected to be released on Wednesday.</p><p>Daniel Morgan, portfolio manager at Synovus Trust in Atlanta, said he still favored technology and growth shares, and was optimistic that fourth-quarter earnings for tech and the chip sector in particular could be stronger than Wall Street expectations.</p><p>Tesla shares fell 4.2%, a day after jumping more than 13% on stronger-than-expected quarterly deliveries.</p><p>Ford Motor Co jumped 11.7% after the automaker said it would nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles.</p><p>General Motors Co shares rallied 7.5% a day ahead of its public debut of the Chevrolet Silverado electric pickup, which is slated to go on sale in early 2023.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 70 new 52-week highs and one new low; the Nasdaq Composite recorded 104 new highs and 102 new lows.</p><p>Volume on U.S. exchanges was 11.49 billion shares, compared with about 10.4 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4099":"汽车制造商","F":"福特汽车","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","GM":"通用汽车","BK4527":"明星科技股","BK4555":"新能源车","TSLA":"特斯拉","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201418283","content_text":"* Financial sector registers all-time closing high* Ford, GM shares rise as electric truck battle heats up* Indexes: Dow up 0.6%, S&P 500 down 0.06%, Nasdaq down 1.3%NEW YORK, Jan 4 (Reuters) - The Dow Jones Industrial Average reached a record closing high on Tuesday for a second straight day as financial and industrial shares rallied, while the Nasdaq fell.The S&P 500 ended slightly weaker after hitting an intraday all-time high. Declines in shares of big growth names including Tesla Inc weighed on the index and the Nasdaq Composite, which ended down more than 1%.Economically sensitive energy, financials and industrials were the leading sectors in the S&P 500, with financials eking out an all-time closing high.Helping sentiment, the World Health Organization cited increasing evidence that the coronavirus variant caused milder symptoms than previous variants.Earlier, U.S. manufacturing data for December showed some cooling in demand for goods, but investors took solace in signs of supply constraints easing.The S&P 500 bank index rose 3.5% in its biggest daily percentage gain in about a year.Some strategists said financials and other value-oriented stocks could be near-term market leaders as investors gear up for interest rate hikes from the Federal Reserve by mid-year to curb high inflation. U.S. Treasury yields gained for a second trading day.Investors are \"going to punish growth stocks with high valuations,\" said Robert Phipps, a director at Per Stirling Capital Management in Austin, Texas.\"This is a time when defensive stocks and value stocks are likely to outperform.\"The S&P 500 value index jumped 1%, while the S&P 500 growth index fell 1%.The Dow Jones Industrial Average rose 214.59 points, or 0.59%, to 36,799.65; the S&P 500 lost 3.02 points, or 0.06%, at 4,793.54; and the Nasdaq Composite dropped 210.08 points, or 1.33%, to 15,622.72.The U.S. central bank said last month it would end its pandemic-era bond buying in 2022, signaling at least three interest rate hikes for the year. Minutes from the meeting are expected to be released on Wednesday.Daniel Morgan, portfolio manager at Synovus Trust in Atlanta, said he still favored technology and growth shares, and was optimistic that fourth-quarter earnings for tech and the chip sector in particular could be stronger than Wall Street expectations.Tesla shares fell 4.2%, a day after jumping more than 13% on stronger-than-expected quarterly deliveries.Ford Motor Co jumped 11.7% after the automaker said it would nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles.General Motors Co shares rallied 7.5% a day ahead of its public debut of the Chevrolet Silverado electric pickup, which is slated to go on sale in early 2023.Advancing issues outnumbered decliners on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored decliners.The S&P 500 posted 70 new 52-week highs and one new low; the Nasdaq Composite recorded 104 new highs and 102 new lows.Volume on U.S. exchanges was 11.49 billion shares, compared with about 10.4 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9009977226,"gmtCreate":1640481674842,"gmtModify":1676533522415,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9009977226","repostId":"2193917872","repostType":4,"repost":{"id":"2193917872","kind":"highlight","pubTimestamp":1640398248,"share":"https://ttm.financial/m/news/2193917872?lang=&edition=fundamental","pubTime":"2021-12-25 10:10","market":"us","language":"en","title":"3 Best Buffett Stocks to Buy for the Long Haul","url":"https://stock-news.laohu8.com/highlight/detail?id=2193917872","media":"Motley Fool","summary":"Each of these three big pharma stocks are featured in Berkshire Hathaway's massive portfolio.","content":"<p>Since Warren Buffett took full control of <b>Berkshire Hathaway</b> in 1965, it became a diversified holding company with investments in publicly traded companies totaling nearly $345 billion at the time of writing.</p>\n<p>The Oracle of Omaha's reputation of buying the highest quality businesses means that many individual investors could also benefit from adding these stocks to their portfolios. Here are three healthcare stocks that Buffett owns, which you may also want to consider buying and holding for the long run.</p>\n<h2>1. Johnson &amp; Johnson</h2>\n<p>The first pharma stock within Berkshire's portfolio to contemplate purchasing is <b>Johnson &amp; Johnson</b> (NYSE:JNJ). While the stock is one of Buffett's smallest holdings, valued at just under $55 million, this doesn't take away from its 59 consecutive years of dividend increases that make the stock a Dividend King.</p>\n<p>J&amp;J will be spinning off its slower-growing and less profitable consumer health segment in the next 18 to 24 months, which should allow the company to focus on its faster-growing, more profitable pharmaceutical segment.</p>\n<p>J&amp;J has a strong existing drug portfolio, which should be able to make up for the upcoming 2025 to 2026 patent expirations for its top-selling drug known, Stelara. Year to date, the immunology drug made up just 9.9% of J&amp;J's $69 billion in net sales.</p>\n<p>These drugs include the immunology blockbuster Tremfya, which received its first of three U.S. Food and Drug Administration (FDA) approvals to date in July 2017. Another drug that was recently approved by the FDA was the oncology blockbuster called Darzalex, which received its first of nine FDA approvals to date in November 2015. These two drugs have grown their year-to-date revenue at high-40% clips year over year and should remain under patent most of this decade.</p>\n<p>J&amp;J's enviable existing drug portfolio and its nearly four dozen indications in late-stage clinical trials explain why analysts anticipate that the stock will deliver 8% annual non-GAAP (adjusted) earnings per share (EPS) growth over the next five years.</p>\n<p>Income investors can scoop up J&amp;J's 2.5% dividend yield at a forward P/E ratio of just 16.2 times, which makes the steady healthcare stock a great buy for the long term.</p>\n<h2>2. Bristol Myers Squibb</h2>\n<p>Another Buffett stock that could be a great fit in your portfolio is <b>Bristol Myers Squibb</b> (NYSE:BMY). Berkshire's Bristol Myers Squibb stake totals nearly $1.4 billion, making it one of the largest healthcare holdings in Berkshire's portfolio.</p>\n<p>Bristol Myers Squibb's oncology blockbusters Revlimid and Opdivo and the anticoagulant blockbuster co-owned with <b>Pfizer</b> (NYSE:PFE) named Eliquis each face patent expirations later this decade. While looming patent expirations on three drugs that account for approximately two-thirds of your company's total revenue sounds frightening, this is nothing new; it's just the nature of Bristol Myers Squibb's industry.</p>\n<p>What matters most is that a company is proactive in developing and acquiring its next generation of blockbuster drugs to absorb key patent expirations. With more than 50 compounds in over 40 different disease areas currently in development at Bristol Myers Squibb, this is exactly what the company has been doing for years now.</p>\n<p>As a result, analysts are projecting that Bristol Myers Squibb will be able to generate 6% annual earnings growth through the next five years.</p>\n<p>Yield-hungry investors can buy Bristol Myers Squibb's market-crushing 3.5% yield at a ridiculously cheap forward P/E ratio of 7.9, which is what makes the stock a buy for those looking to hedge against inflation.</p>\n<h2>3. AbbVie</h2>\n<p>Finally, a Buffett stock that'd also be a good fit for income investors is <b>AbbVie</b> (NYSE:ABBV). Berkshire currently holds about $1.9 billion worth of AbbVie stock.</p>\n<p>It's well known at this point that the biopharmaceutical's top-selling drug in the world, Humira, will be facing intense biosimilar competition in the U.S. beginning in 2023. Even though the immunology drug's U.S. sales made up 31% of AbbVie's $41.24 billion total year-to-date sales, the company's pipeline should be able to stabilize and grow its net revenue beyond 2023.</p>\n<p>AbbVie has 54 compounds in various stages of clinical trials, which is why analysts are forecasting that the stock will grow its adjusted EPS 4.5% annually in the next five years.</p>\n<p>AbbVie's massive 4.4% dividend yield can be picked up at a forward P/E ratio of only 9.3.&nbsp;This is an attractive valuation for a stock with the ability to fight off inflation with healthy dividend hikes.</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>3 Best Buffett Stocks to Buy for the Long Haul</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\">\n3 Best Buffett Stocks to Buy for the Long Haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-25 10:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/24/3-best-buffett-stocks-to-buy-for-the-long-haul/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since Warren Buffett took full control of Berkshire Hathaway in 1965, it became a diversified holding company with investments in publicly traded companies totaling nearly $345 billion at the time of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/24/3-best-buffett-stocks-to-buy-for-the-long-haul/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABBV":"艾伯维公司","BMY":"施贵宝","JNJ":"强生"},"source_url":"https://www.fool.com/investing/2021/12/24/3-best-buffett-stocks-to-buy-for-the-long-haul/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2193917872","content_text":"Since Warren Buffett took full control of Berkshire Hathaway in 1965, it became a diversified holding company with investments in publicly traded companies totaling nearly $345 billion at the time of writing.\nThe Oracle of Omaha's reputation of buying the highest quality businesses means that many individual investors could also benefit from adding these stocks to their portfolios. Here are three healthcare stocks that Buffett owns, which you may also want to consider buying and holding for the long run.\n1. Johnson & Johnson\nThe first pharma stock within Berkshire's portfolio to contemplate purchasing is Johnson & Johnson (NYSE:JNJ). While the stock is one of Buffett's smallest holdings, valued at just under $55 million, this doesn't take away from its 59 consecutive years of dividend increases that make the stock a Dividend King.\nJ&J will be spinning off its slower-growing and less profitable consumer health segment in the next 18 to 24 months, which should allow the company to focus on its faster-growing, more profitable pharmaceutical segment.\nJ&J has a strong existing drug portfolio, which should be able to make up for the upcoming 2025 to 2026 patent expirations for its top-selling drug known, Stelara. Year to date, the immunology drug made up just 9.9% of J&J's $69 billion in net sales.\nThese drugs include the immunology blockbuster Tremfya, which received its first of three U.S. Food and Drug Administration (FDA) approvals to date in July 2017. Another drug that was recently approved by the FDA was the oncology blockbuster called Darzalex, which received its first of nine FDA approvals to date in November 2015. These two drugs have grown their year-to-date revenue at high-40% clips year over year and should remain under patent most of this decade.\nJ&J's enviable existing drug portfolio and its nearly four dozen indications in late-stage clinical trials explain why analysts anticipate that the stock will deliver 8% annual non-GAAP (adjusted) earnings per share (EPS) growth over the next five years.\nIncome investors can scoop up J&J's 2.5% dividend yield at a forward P/E ratio of just 16.2 times, which makes the steady healthcare stock a great buy for the long term.\n2. Bristol Myers Squibb\nAnother Buffett stock that could be a great fit in your portfolio is Bristol Myers Squibb (NYSE:BMY). Berkshire's Bristol Myers Squibb stake totals nearly $1.4 billion, making it one of the largest healthcare holdings in Berkshire's portfolio.\nBristol Myers Squibb's oncology blockbusters Revlimid and Opdivo and the anticoagulant blockbuster co-owned with Pfizer (NYSE:PFE) named Eliquis each face patent expirations later this decade. While looming patent expirations on three drugs that account for approximately two-thirds of your company's total revenue sounds frightening, this is nothing new; it's just the nature of Bristol Myers Squibb's industry.\nWhat matters most is that a company is proactive in developing and acquiring its next generation of blockbuster drugs to absorb key patent expirations. With more than 50 compounds in over 40 different disease areas currently in development at Bristol Myers Squibb, this is exactly what the company has been doing for years now.\nAs a result, analysts are projecting that Bristol Myers Squibb will be able to generate 6% annual earnings growth through the next five years.\nYield-hungry investors can buy Bristol Myers Squibb's market-crushing 3.5% yield at a ridiculously cheap forward P/E ratio of 7.9, which is what makes the stock a buy for those looking to hedge against inflation.\n3. AbbVie\nFinally, a Buffett stock that'd also be a good fit for income investors is AbbVie (NYSE:ABBV). Berkshire currently holds about $1.9 billion worth of AbbVie stock.\nIt's well known at this point that the biopharmaceutical's top-selling drug in the world, Humira, will be facing intense biosimilar competition in the U.S. beginning in 2023. Even though the immunology drug's U.S. sales made up 31% of AbbVie's $41.24 billion total year-to-date sales, the company's pipeline should be able to stabilize and grow its net revenue beyond 2023.\nAbbVie has 54 compounds in various stages of clinical trials, which is why analysts are forecasting that the stock will grow its adjusted EPS 4.5% annually in the next five years.\nAbbVie's massive 4.4% dividend yield can be picked up at a forward P/E ratio of only 9.3. This is an attractive valuation for a stock with the ability to fight off inflation with healthy dividend hikes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990402922,"gmtCreate":1660382004268,"gmtModify":1676533462853,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990402922","repostId":"1129150866","repostType":4,"repost":{"id":"1129150866","kind":"news","pubTimestamp":1660352614,"share":"https://ttm.financial/m/news/1129150866?lang=&edition=fundamental","pubTime":"2022-08-13 09:03","market":"us","language":"en","title":"Why Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231","url":"https://stock-news.laohu8.com/highlight/detail?id=1129150866","media":"MarketWatch","summary":"Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa. It’s based on a sequence of whole numbers in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/e150d7de731c2e2e0ebee4395029900d\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>The S&amp;P 500 index on Friday finished above a chart level that delivered a dose of encouragement to stock-market bulls arguing that the U.S. bear-market bottom is in, though technical analysts warned that it might not be a signal to go all in on equities.</p><p>The S&amp;P 500 on Friday rose 1.7% to close at 4,280.15. The finish above 4,231 would mean the large-cap benchmark has recovered — or retraced — more than 50% of its fall from a Jan. 3 record finish at 4796.56.</p><p>“Since 1950 there has never been a bear market rally that exceeded the 50% retracement and then gone on to make new cycle lows,” said Jonathan Krinsky, chief market technician at BTIG, in a note earlier this month.</p><p>Stocks rose across the board Friday, with the S&amp;P 500 booking a fourth straight weekly gain. The Dow Jones Industrial Average advanced more than 420 points, or 1.3%, on Friday and the Nasdaq Composite rose 2.1%. The S&amp;P 500 attempted to complete the retracement in Thursday’s session, when it traded as high as 4,257.91, but gave up gains to end at 4,207.27.</p><p>Krinsky, in a Thursday update, had noted that an intraday breach of the level doesn’t cut it, but had cautioned that a close above 4,231 would still leave him cautious about the near-term outlook.</p><p>“Because the retracement is based on a closing basis, we would want to see a close above 4,231 to trigger that signal. Whether or not that happens, however, the tactical risk/reward looks poor to us here,” he wrote.</p><p>What’s so special about a 50% retracement? Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa. It’s based on a sequence of whole numbers in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…).</p><p>If a number in the sequence is divided by the next number, for example 8 divided by 13, the result is near 0.618, a ratio that’s been dubbed the Golden Mean due to its prevalence in nature in everything from seashells to ocean waves to proportions of the human body. Back on Wall Street, technical analysts see key retracement targets for a rally from a significant low to a significant peak at 38.2%, 50% and 61.8%, while retracements of 23.6% and 76.4% are seen as secondary targets.</p><p>The push above the 50% retracement level during Thursday’s recession may have contributed to a round of selling itself, said Jeff deGraaf, founder of Renaissance Macro Research, in a Friday note.</p><p>He observed that the retracement corresponded to a 65-day high for the S&amp;P 500, offering another indication of an improving trend in a bear market as it represents the highest level of the last rolling quarter. A 65-day high is often seen as a default signal for commodity trading advisers, not just in the S&amp;P 500 but in commodity, bond and forex markets as well.</p><p>“That level coincidentally corresponded with the 50% retracement level of the bear market,” he wrote. “In essence, it forced the hand of one group to cover shorts (CTAs) while simultaneously giving another group (Fibonacci followers) an excuse to sell” on Thursday.</p><p>Krinsky, meanwhile, cautioned that previous 50% retracements in 1974, 2004, and 2009 all saw decent shakeouts shortly after clearing that threshold.</p><p>“Further, as the market has cheered ‘peak inflation’, we are now seeing a quiet resurgence in many commodities, and bonds continue to weaken,” he wrote Thursday.</p></body></html>","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>Why Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231</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 Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-13 09:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-stock-market-bulls-are-obsessed-with-the-4-231-level-for-the-s-p-500-11660309355?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 index on Friday finished above a chart level that delivered a dose of encouragement to stock-market bulls arguing that the U.S. bear-market bottom is in, though technical analysts warned ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-stock-market-bulls-are-obsessed-with-the-4-231-level-for-the-s-p-500-11660309355?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":{".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/why-stock-market-bulls-are-obsessed-with-the-4-231-level-for-the-s-p-500-11660309355?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129150866","content_text":"The S&P 500 index on Friday finished above a chart level that delivered a dose of encouragement to stock-market bulls arguing that the U.S. bear-market bottom is in, though technical analysts warned that it might not be a signal to go all in on equities.The S&P 500 on Friday rose 1.7% to close at 4,280.15. The finish above 4,231 would mean the large-cap benchmark has recovered — or retraced — more than 50% of its fall from a Jan. 3 record finish at 4796.56.“Since 1950 there has never been a bear market rally that exceeded the 50% retracement and then gone on to make new cycle lows,” said Jonathan Krinsky, chief market technician at BTIG, in a note earlier this month.Stocks rose across the board Friday, with the S&P 500 booking a fourth straight weekly gain. The Dow Jones Industrial Average advanced more than 420 points, or 1.3%, on Friday and the Nasdaq Composite rose 2.1%. The S&P 500 attempted to complete the retracement in Thursday’s session, when it traded as high as 4,257.91, but gave up gains to end at 4,207.27.Krinsky, in a Thursday update, had noted that an intraday breach of the level doesn’t cut it, but had cautioned that a close above 4,231 would still leave him cautious about the near-term outlook.“Because the retracement is based on a closing basis, we would want to see a close above 4,231 to trigger that signal. Whether or not that happens, however, the tactical risk/reward looks poor to us here,” he wrote.What’s so special about a 50% retracement? Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa. It’s based on a sequence of whole numbers in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…).If a number in the sequence is divided by the next number, for example 8 divided by 13, the result is near 0.618, a ratio that’s been dubbed the Golden Mean due to its prevalence in nature in everything from seashells to ocean waves to proportions of the human body. Back on Wall Street, technical analysts see key retracement targets for a rally from a significant low to a significant peak at 38.2%, 50% and 61.8%, while retracements of 23.6% and 76.4% are seen as secondary targets.The push above the 50% retracement level during Thursday’s recession may have contributed to a round of selling itself, said Jeff deGraaf, founder of Renaissance Macro Research, in a Friday note.He observed that the retracement corresponded to a 65-day high for the S&P 500, offering another indication of an improving trend in a bear market as it represents the highest level of the last rolling quarter. A 65-day high is often seen as a default signal for commodity trading advisers, not just in the S&P 500 but in commodity, bond and forex markets as well.“That level coincidentally corresponded with the 50% retracement level of the bear market,” he wrote. “In essence, it forced the hand of one group to cover shorts (CTAs) while simultaneously giving another group (Fibonacci followers) an excuse to sell” on Thursday.Krinsky, meanwhile, cautioned that previous 50% retracements in 1974, 2004, and 2009 all saw decent shakeouts shortly after clearing that threshold.“Further, as the market has cheered ‘peak inflation’, we are now seeing a quiet resurgence in many commodities, and bonds continue to weaken,” he wrote Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9046012344,"gmtCreate":1656284123488,"gmtModify":1676535796282,"author":{"id":"4094271730114360","authorId":"4094271730114360","name":"Sunshine_2","avatar":"https://static.tigerbbs.com/c51036e171ef144f127d28c64446c582","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4094271730114360","authorIdStr":"4094271730114360"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046012344","repostId":"1134361631","repostType":4,"repost":{"id":"1134361631","kind":"news","pubTimestamp":1656239754,"share":"https://ttm.financial/m/news/1134361631?lang=&edition=fundamental","pubTime":"2022-06-26 18:35","market":"us","language":"en","title":"Got $5,000? Buy and Hold These 3 Value Stocks for Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1134361631","media":"Motley Fool","summary":"KEY POINTSMeta Platforms has a lot of problems, but its stock is too cheap given its scale and advan","content":"<html><head></head><body><p>KEY POINTS</p><ul><li>Meta Platforms has a lot of problems, but its stock is too cheap given its scale and advantages.</li><li>Micron trades near multiyear low multiples of its book value.</li><li>Bank of America can weather any storm and benefits from higher rates.</li></ul><p>In tough times, buying stocks with staying power at low prices can help you sleep at night and hold for the long term.</p><p>In a brutal bear market, one of the things that may allow you to sleep well at night is investing in value stocks. Value is a somewhat relative term, but generally, it denotes low-priced stocks based on a multiple of earnings or book value. While high-flying growth stocks trading at lofty multiples have huge downside potential if sentiment changes around their prospects, value stocks have a more solid ground on which to stand.</p><p>Right now, the following high-quality stocks have fallen to bargain levels. While their prices could fall further from here and results could suffer in the near term, these are resilient companies that should bounce back eventually, making them solid long-term picks for your portfolio today.</p><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></p><p>Warren Buffett once said, &#34;You pay a high price for a cheery consensus,&#34; and you couldn&#39;t get a less cheery consensus than investors have on Meta Platforms (META 7.19%) right now. Perhaps that&#39;s why the dominant social media platform with outstanding financial characteristics trades at less than 12 times earnings.</p><p>Meta&#39;s problems are many. Last year&#39;s iOS changes to Apple&#39;s Identity for Advertisers made Facebook&#39;s ad targeting less precise; ditto for a recent settlement with federal housing officials on Tuesday, by which Facebook will have to change its algorithms on housing, employment, and credit, to exclude certain characteristics around race, religion, and sex. These new regulations threaten Facebook&#39;s price per ad, since ads in these areas will be less targeted.</p><p>Then there&#39;s the TikTok threat. The ascendant short-video app has been eating into teenagers&#39; online engagement, at the expense of Facebook and Instagram. Meta&#39;s response? To make its app look more like TikTok. Management has been rolling out new changes to Facebook, which include showing more TikTok-like Reels, specifically from creators and not just immediate friends and family. A final change includes reintegrating Messenger into Facebook to mimic TikTok&#39;s messaging functionality.</p><p>Finally, investors have also soured on the company&#39;s metaverse bet; if we are in fact going into a slowdown or recession, as some predict, then spending tens of billions of dollars with no payoff for five or 10 years is not what investors want to see.</p><p>Yet if one is really looking out years, Meta&#39;s stock seems awfully cheap, and it has a history of successfully adapting its platform to counter rivals. In fact, backing out the company&#39;s losses from its Reality Labs metaverse segment, and operating profits would have been about 25% higher last quarter. That essentially means if the company stopped investing in the metaverse, it would trade around 10 times earnings. Meanwhile, Meta still had $44 billion in cash on its balance sheet, and it continues to repurchase stock. Meta&#39;s huge cash flows should also allow it to outspend TikTok in attracting creators to make more high-quality Reels for Facebook to counter TikTok&#39;s recent success.</p><p>Meanwhile, the overall digital advertising segment is still growing strongly, so even if Meta loses market share, it should still grow. And of course, there is always the possibility Facebook&#39;s new Reels feature actually finds success, just as Stories eventually defended Meta&#39;s platform against Snap. If that happens, shares could go significantly higher, as long as we don&#39;t have a long and deep recession.</p><p><a href=\"https://laohu8.com/S/MU\">Micron Technology</a></p><p>Micron Technology is one of only three manufacturers of DRAM memory and one of five manufacturers of NAND flash storage chips, with huge barriers to entry in this capital and research-intensive sector. Furthermore, the memory industry is set to grow over the long term, as memory use is growing not only in PCs an smartphones, but increasingly in memory-hungry data centers, industrial applications, and electric and autonomous vehicles. Moreover, Micron has been outperforming the industry in recent years, reaching today&#39;s most leading-edge nodes before rivals.</p><p>Yet when fears of a recession are in the air, Micron tends to sell off to very cheap levels. That&#39;s the case today, with the stock at around 1.3 times book value, and just seven times trailing earnings. Of course, since the price of memory fluctuates, Micron&#39;s cyclicality means its low P/E ratio doesn&#39;t tell us much. However, Micron&#39;s price-to-book ratio is now in the neighborhood of previous troughs.</p><p>Not only that, but as you can see, Micron&#39;s price-to-book valuation tends to bottom out at a higher level with each passing cycle. This is because greater and greater scale, consolidation among top memory producers over time, and the increasing difficulty of producing leading-edge supply has made memory companies more profitable, with margins reaching higher highs and lows through each cycle.</p><p>Not only that, but Micron&#39;s book value is also understated at the moment. The company is set to report its fiscal third-quarter earnings on June 30, in which it&#39;s expected to earn $2.46 per share. Subtracting out its $0.10 dividend, Micron should probably add about $2.36 to its book value per share, which would probably bring Micron&#39;s book value to around $45 at present. That means the current price-to-book ratio is really around 1.25.</p><p>No doubt, the next few quarters could be rough. But for long-term investors, this valuation could end up being a nice entry point, given the long-term growth trajectory for memory chips.</p><p><a href=\"https://laohu8.com/S/BAC\">Bank of America</a></p><p>Another stock that has cratered on cyclical fears is Bank of America (BAC 0.72%), which is Buffett&#39;s favorite bank. Bank of America currently trades at just 9.3 times earnings because of fears of an oncoming recession; however, the company is well positioned to ride out any particular storm. CEO Brian Moynihan has pursued a strategy of &#34;smart growth,&#34; selectively growing the business while keeping risk low. Charge-offs are currently near historic lows for the bank, and BofA&#39;s balance sheet is sound, with a Common Equity Tier 1 ratio of 10.4%.</p><p>Moreover, Bank of America&#39;s lending-centric model is more interest rate sensitive than most other large banks. Management said in its first-quarter presentation that a 100-basis-point parallel increase in rates would add about $5.4 billion in net interest income to the bank&#39;s revenues over 12 months, a 12% increase over its trailing 12-month figure. As mortgages and other rates have climbed recently, Bank of America should benefit, as that extra interest income will fall to its bottom line. While the bank&#39;s investment banking wing is currently suffering from a lack of new IPOs and debt issuances, Bank of America is less exposed there than are other large money-center banks.</p><p>The company also continues to wring costs out of its system, with non-financial expenses decreasing 1% compared with last year&#39;s first quarter, despite an increase in salaries. This has been a pleasant ongoing theme, as Bank of America continues to benefit from lower costs brought on through digital transformation. These cost reductions occurred even as the bank continued to grow its loan book 10% last quarter.</p><p>In all, Bank of America looks really cheap, but even if the worst happens, it looks as if it can weather the storm. Meanwhile, shareholders will continue to receive its 2.6% and growing dividend, along with share repurchases while they wait for the economic cycle to turn more positive.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Got $5,000? Buy and Hold These 3 Value Stocks for Years</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\">\nGot $5,000? Buy and Hold These 3 Value Stocks for Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-26 18:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/26/got-5000-buy-and-hold-these-3-value-stocks-for-yea/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSMeta Platforms has a lot of problems, but its stock is too cheap given its scale and advantages.Micron trades near multiyear low multiples of its book value.Bank of America can weather any ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/26/got-5000-buy-and-hold-these-3-value-stocks-for-yea/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行","MU":"美光科技","META":"Meta Platforms, Inc."},"source_url":"https://www.fool.com/investing/2022/06/26/got-5000-buy-and-hold-these-3-value-stocks-for-yea/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134361631","content_text":"KEY POINTSMeta Platforms has a lot of problems, but its stock is too cheap given its scale and advantages.Micron trades near multiyear low multiples of its book value.Bank of America can weather any storm and benefits from higher rates.In tough times, buying stocks with staying power at low prices can help you sleep at night and hold for the long term.In a brutal bear market, one of the things that may allow you to sleep well at night is investing in value stocks. Value is a somewhat relative term, but generally, it denotes low-priced stocks based on a multiple of earnings or book value. While high-flying growth stocks trading at lofty multiples have huge downside potential if sentiment changes around their prospects, value stocks have a more solid ground on which to stand.Right now, the following high-quality stocks have fallen to bargain levels. While their prices could fall further from here and results could suffer in the near term, these are resilient companies that should bounce back eventually, making them solid long-term picks for your portfolio today.Meta PlatformsWarren Buffett once said, \"You pay a high price for a cheery consensus,\" and you couldn't get a less cheery consensus than investors have on Meta Platforms (META 7.19%) right now. Perhaps that's why the dominant social media platform with outstanding financial characteristics trades at less than 12 times earnings.Meta's problems are many. Last year's iOS changes to Apple's Identity for Advertisers made Facebook's ad targeting less precise; ditto for a recent settlement with federal housing officials on Tuesday, by which Facebook will have to change its algorithms on housing, employment, and credit, to exclude certain characteristics around race, religion, and sex. These new regulations threaten Facebook's price per ad, since ads in these areas will be less targeted.Then there's the TikTok threat. The ascendant short-video app has been eating into teenagers' online engagement, at the expense of Facebook and Instagram. Meta's response? To make its app look more like TikTok. Management has been rolling out new changes to Facebook, which include showing more TikTok-like Reels, specifically from creators and not just immediate friends and family. A final change includes reintegrating Messenger into Facebook to mimic TikTok's messaging functionality.Finally, investors have also soured on the company's metaverse bet; if we are in fact going into a slowdown or recession, as some predict, then spending tens of billions of dollars with no payoff for five or 10 years is not what investors want to see.Yet if one is really looking out years, Meta's stock seems awfully cheap, and it has a history of successfully adapting its platform to counter rivals. In fact, backing out the company's losses from its Reality Labs metaverse segment, and operating profits would have been about 25% higher last quarter. That essentially means if the company stopped investing in the metaverse, it would trade around 10 times earnings. Meanwhile, Meta still had $44 billion in cash on its balance sheet, and it continues to repurchase stock. Meta's huge cash flows should also allow it to outspend TikTok in attracting creators to make more high-quality Reels for Facebook to counter TikTok's recent success.Meanwhile, the overall digital advertising segment is still growing strongly, so even if Meta loses market share, it should still grow. And of course, there is always the possibility Facebook's new Reels feature actually finds success, just as Stories eventually defended Meta's platform against Snap. If that happens, shares could go significantly higher, as long as we don't have a long and deep recession.Micron TechnologyMicron Technology is one of only three manufacturers of DRAM memory and one of five manufacturers of NAND flash storage chips, with huge barriers to entry in this capital and research-intensive sector. Furthermore, the memory industry is set to grow over the long term, as memory use is growing not only in PCs an smartphones, but increasingly in memory-hungry data centers, industrial applications, and electric and autonomous vehicles. Moreover, Micron has been outperforming the industry in recent years, reaching today's most leading-edge nodes before rivals.Yet when fears of a recession are in the air, Micron tends to sell off to very cheap levels. That's the case today, with the stock at around 1.3 times book value, and just seven times trailing earnings. Of course, since the price of memory fluctuates, Micron's cyclicality means its low P/E ratio doesn't tell us much. However, Micron's price-to-book ratio is now in the neighborhood of previous troughs.Not only that, but as you can see, Micron's price-to-book valuation tends to bottom out at a higher level with each passing cycle. This is because greater and greater scale, consolidation among top memory producers over time, and the increasing difficulty of producing leading-edge supply has made memory companies more profitable, with margins reaching higher highs and lows through each cycle.Not only that, but Micron's book value is also understated at the moment. The company is set to report its fiscal third-quarter earnings on June 30, in which it's expected to earn $2.46 per share. Subtracting out its $0.10 dividend, Micron should probably add about $2.36 to its book value per share, which would probably bring Micron's book value to around $45 at present. That means the current price-to-book ratio is really around 1.25.No doubt, the next few quarters could be rough. But for long-term investors, this valuation could end up being a nice entry point, given the long-term growth trajectory for memory chips.Bank of AmericaAnother stock that has cratered on cyclical fears is Bank of America (BAC 0.72%), which is Buffett's favorite bank. Bank of America currently trades at just 9.3 times earnings because of fears of an oncoming recession; however, the company is well positioned to ride out any particular storm. CEO Brian Moynihan has pursued a strategy of \"smart growth,\" selectively growing the business while keeping risk low. Charge-offs are currently near historic lows for the bank, and BofA's balance sheet is sound, with a Common Equity Tier 1 ratio of 10.4%.Moreover, Bank of America's lending-centric model is more interest rate sensitive than most other large banks. Management said in its first-quarter presentation that a 100-basis-point parallel increase in rates would add about $5.4 billion in net interest income to the bank's revenues over 12 months, a 12% increase over its trailing 12-month figure. As mortgages and other rates have climbed recently, Bank of America should benefit, as that extra interest income will fall to its bottom line. While the bank's investment banking wing is currently suffering from a lack of new IPOs and debt issuances, Bank of America is less exposed there than are other large money-center banks.The company also continues to wring costs out of its system, with non-financial expenses decreasing 1% compared with last year's first quarter, despite an increase in salaries. This has been a pleasant ongoing theme, as Bank of America continues to benefit from lower costs brought on through digital transformation. These cost reductions occurred even as the bank continued to grow its loan book 10% last quarter.In all, Bank of America looks really cheap, but even if the worst happens, it looks as if it can weather the storm. Meanwhile, shareholders will continue to receive its 2.6% and growing dividend, along with share repurchases while they wait for the economic cycle to turn more positive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}