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kyoko
06-28
The first time you have a problem is if you're going through something and you're trying something
kyoko
01-11
Okkokkkk this was a joke I didn't
kyoko
01-05
The first time you have a chance at
kyoko
01-05
Juice is a great idea but it is
kyoko
01-03
The first time you have a chance at
kyoko
01-02
The first time you have a chance at
kyoko
2023-12-29
Cccfccfffffcdddsssddsddd
kyoko
2023-11-08
Why euphoria and depression is so common to the brain
kyoko
2023-11-07
The first time you have a problem is if
kyoko
2023-11-05
I'm kaiyseieieueubeururu
kyoko
2023-10-30
The first time you have a chance at the top is the
kyoko
2023-06-27
[财迷] [财迷] [财迷] [财迷] [财迷]
kyoko
2023-06-26
[得意] [得意] [得意] [得意]
kyoko
2023-06-26
[开心] [开心] [开心] [开心] [开心] [开心]
kyoko
2023-06-25
okok[冷漠] [鬼脸] [愤怒]
kyoko
2023-06-24
I'm going out with the kids and I don't
kyoko
2023-06-24
The new study found the number in a
kyoko
2023-06-21
One ☝️ by a man is not enough for you in
kyoko
2023-06-20
The first one ☝️ I think I am a good
kyoko
2023-06-17
The new study found the average person with an annual average
Go to Tiger App to see more news
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good man to be able for his own business to be a good fit in his business to be a good asset to the industry as well as his business partners to help the company grow in their own way and the business is not the only way that they are able and they are also successful and they can make a decision about their own personal life and their benefits of the company are the most successful in the business and they have to provide their business to their clients","listText":"U see my bf say he can be the only one to get in touch with me to the seller and ask him if he can help him with his own or the other clinic that he has to work on in order for him to be able for the best and most importantly not to have the opportunity for him to get out there in a few months or longer before he gets his hopes out to be a good man to be able for his own business to be a good fit in his business to be a good asset to the industry as well as his business partners to help the company grow in their own way and the business is not the only way that they are able and they are also successful and they can make a decision about their own personal life and their benefits of the company are the most successful in the business and they have to provide their business to their clients","text":"U see my bf say he can be the only one to get in touch with me to the seller and ask him if he can help him with his own or the other clinic that he has to work on in order for him to be able for the best and most importantly not to have the opportunity for him to get out there in a few months or longer before he gets his hopes out to be a good man to be able for his own business to be a good fit in his business to be a good asset to the industry as well as his business partners to help the company grow in their own way and the business is not the only way that they are able and they are also successful and they can make a decision about their own personal life and their benefits of the company are the most successful in the business and they have to provide their business to their clients","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":37,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9057705134","isVote":1,"tweetType":1,"viewCount":5473,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577508056689710","authorId":"3577508056689710","name":"XiDon","avatar":"https://static.tigerbbs.com/ea7df366a333cc3ec88f2af18dd5431b","crmLevel":5,"crmLevelSwitch":1,"idStr":"3577508056689710","authorIdStr":"3577508056689710"},"content":"Thanks for sharing","text":"Thanks for sharing","html":"Thanks for sharing"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057702135,"gmtCreate":1655562299127,"gmtModify":1676535662232,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"Then I say I wan to do the white house and I don't want to be a big fan of the application and after a few hours it is still very moisturizing and it feels very good-looking a little sexy and I have been working working with ikbk for a long time he has been able to get a job in the industry for a long time ","listText":"Then I say I wan to do the white house and I don't want to be a big fan of the application and after a few hours it is still very moisturizing and it feels very good-looking a little sexy and I have been working working with ikbk for a long time he has been able to get a job in the industry for a long time ","text":"Then I say I wan to do the white house and I don't want to be a big fan of the application and after a few hours it is still very moisturizing and it feels very good-looking a little sexy and I have been working working with ikbk for a long time he has been able to get a job in the industry for a long time","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":36,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057702135","repostId":"9054840714","repostType":1,"repost":{"id":9054840714,"gmtCreate":1655374044238,"gmtModify":1676535625160,"author":{"id":"4105176218307480","authorId":"4105176218307480","name":"iceflower","avatar":"https://community-static.tradeup.com/news/a4440741d52458b3a0043bbe99d2075c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4105176218307480","authorIdStr":"4105176218307480"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SFM\">$Sprouts Farmers(SFM)$</a>A promising stock to buy?Good in fundamental: -increasing net income and revenue-total debt to equity ratio only 1.5-positive free cash flow Technical analysis- price dropped below ema 200 since early MAY after releasing of earning report that the revenue doesnt meet the expectations - price was then in steady rising trend until the release of \"bad news\" 1)State strapped for cash after military coup2)Farmers exposed to soaring fuel and fertilizer costs3)Some say planting for next season already compromised-but subsequently the price keep rising up slow and steadily after it with small volume -after announcement of US federal to rise 75 basis point to beat inflation and rising CPI,Surprisingly market react positively to it sayi","listText":"<a href=\"https://ttm.financial/S/SFM\">$Sprouts Farmers(SFM)$</a>A promising stock to buy?Good in fundamental: -increasing net income and revenue-total debt to equity ratio only 1.5-positive free cash flow Technical analysis- price dropped below ema 200 since early MAY after releasing of earning report that the revenue doesnt meet the expectations - price was then in steady rising trend until the release of \"bad news\" 1)State strapped for cash after military coup2)Farmers exposed to soaring fuel and fertilizer costs3)Some say planting for next season already compromised-but subsequently the price keep rising up slow and steadily after it with small volume -after announcement of US federal to rise 75 basis point to beat inflation and rising CPI,Surprisingly market react positively to it sayi","text":"$Sprouts Farmers(SFM)$A promising stock to buy?Good in fundamental: -increasing net income and revenue-total debt to equity ratio only 1.5-positive free cash flow Technical analysis- price dropped below ema 200 since early MAY after releasing of earning report that the revenue doesnt meet the expectations - price was then in steady rising trend until the release of \"bad news\" 1)State strapped for cash after military coup2)Farmers exposed to soaring fuel and fertilizer costs3)Some say planting for next season already compromised-but subsequently the price keep rising up slow and steadily after it with small volume -after announcement of US federal to rise 75 basis point to beat inflation and rising CPI,Surprisingly market react positively to it sayi","images":[],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054840714","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":4587,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9040604866,"gmtCreate":1655650947955,"gmtModify":1676535677976,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"U see my bf and u are the only one I have ever been able for so much I love u and I am so proud of u for making me feel like I drag you down I want u to know that I love you so I can u make me feel like I drag u down to my heart I want u to have to go to work pls and u can't make me feel like I drag u down and I don't want u to miss me and I want u to come to my life ","listText":"U see my bf and u are the only one I have ever been able for so much I love u and I am so proud of u for making me feel like I drag you down I want u to know that I love you so I can u make me feel like I drag u down to my heart I want u to have to go to work pls and u can't make me feel like I drag u down and I don't want u to miss me and I want u to come to my life ","text":"U see my bf and u are the only one I have ever been able for so much I love u and I am so proud of u for making me feel like I drag you down I want u to know that I love you so I can u make me feel like I drag u down to my heart I want u to have to go to work pls and u can't make me feel like I drag u down and I don't want u to miss me and I want u to come to my life","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9040604866","isVote":1,"tweetType":1,"viewCount":4209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093900449,"gmtCreate":1643475132683,"gmtModify":1676533824162,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"Any trade references ","listText":"Any trade references ","text":"Any trade references","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":20,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093900449","isVote":1,"tweetType":1,"viewCount":2150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093900242,"gmtCreate":1643475106202,"gmtModify":1676533824162,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":20,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093900242","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2650,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004845566,"gmtCreate":1642561706711,"gmtModify":1676533723437,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004845566","repostId":"1156850692","repostType":4,"repost":{"id":"1156850692","kind":"news","pubTimestamp":1642559424,"share":"https://ttm.financial/m/news/1156850692?lang=&edition=fundamental","pubTime":"2022-01-19 10:30","market":"us","language":"en","title":"Microsoft Faces Battle for Activision Deal, Especially If ‘Call of Duty’ Is Destined for Xbox Exclusivity","url":"https://stock-news.laohu8.com/highlight/detail?id=1156850692","media":"MarketWatch","summary":"Microsoft Corp. has received a pass from regulators keen to take on Big Tech in recent years, but it","content":"<html><head></head><body><p>Microsoft Corp. has received a pass from regulators keen to take on Big Tech in recent years, but it may have just forfeited that pass by making a run at the biggest tech acquisition in history for a company fraught with issues.</p><p>The software behemoth plans to purchase troubled videogame maker Activision Blizzard Inc. ATVI, +25.88% for $68.7 billion in cash, which would exceed Dell’s deal to buy EMC for $67 billion in 2015 as the largest tech deal ever. While antitrust scrutiny has kept companies like Facebook parent Meta Platforms Inc. FB, -4.14% or Google parent Alphabet Inc. GOOGL, -2.50% GOOG, -2.50% from making such a deal, Microsoft has largely escaped such scrutiny.</p><p>Dan Ives, an analyst with Wedbush Securities, said that Microsoft MSFT, -2.43% is taking advantage of being currently out of regulators’ viewfinder, as they have been focused on making cases against Facebook, Google, Apple Inc. AAPL, -1.89% and Amazon.com Inc. AMZN, -1.99%.</p><p>“[Microsoft Chief Executive Satya] Nadella saw a window to make a major bet on consumer while others are caught in the regulatory spotlight and could not go after an asset like this,” Ives said in a note to clients early Tuesday.</p><p>But it’s unclear if even Microsoft will be able to swallow a deal like this. Activision’s shares closed at $82.31 on Tuesday, well short of the $95-a-share price Microsoft agreed to pay, a sign that Wall Street believes this deal could hit a wall with regulators. Cowen analysts on Tuesday said that the gulf between the acquisition price and the going rate means that “the market appears to be pricing in a roughly 1-in-3 probability that the deal gets blocked.”</p><p>In regards to the antitrust threat, many analysts pointed out that after the acquisition of Activision, Microsoft would still be the third-largest videogame company globally, trailing China’s Tencent Holdings 700, +0.66% and Japan’s Sony Group 6758, -9.28%. While this suggests that the merger would not give Microsoft a dominant position in the videogame industry, it could still seriously alter the dynamics of the entire industry.</p><p>As a content creator, Activision designs games for all the top gaming platforms, including Sony’s PlayStation. The most important competitive advantage that the purchase of Activision could give Microsoft is the ability to give preferential treatment to its own system when releasing popular games such as “Call of Duty,” an Activision product that is one of the best-selling videogames in the world.</p><p>Sony and other gaming platform owners could argue that Microsoft’s giving preference to its own platforms with Activision’s vast array of games, and especially the most popular ones, could hurt consumers. And some analysts expect Microsoft to attempt to do just that, including making popular games exclusive for its own platforms and shutting out competitors.</p><p>“Ultimately, we think Microsoft’s goal is to take Activision’s key console franchises away from Sony (and other would-be platform competitors such as Google or Apple) and thereby improve its competitive positioning,” the Cowen analysts argued. “While Microsoft indicated that ‘Activision Blizzard games are enjoyed on a variety of platforms, and we plan to continue to support those communities moving forward,’ if we were a PlayStation owner, we wouldn’t take a lot of comfort from that imprecise statement.” Cowen’s analysts believe that Sony will likely take legal action to support blocking the deal, as well as look for a blockbuster deal of it own.</p><p>Similar concerns have also hung over Nvidia Corp.’s NVDA, -3.86% $40 billion proposal to buy ARM Holdings Plc. from Softbank Corp. Because ARM designs and licenses chips that are used by over 500 companies, including some of Nvidia’s rivals, some regulators and critics fear that ARM will lose its neutral industry stance. That deal has still not been approved and many on Wall Street believe it is unlikely to get a green light.</p><p>Microsoft officials, for their part, only mentioned regulatory approval as needed prior to closing in a timeframe of sometime in 2023, and the company did not take any questions on its brief conference call with analysts early Tuesday. A chorus of outside voices have already called for regulators to stand in the way of the deal, as gamers lament the possibility of losing access to their favorite titles.</p><p>“Once again, Microsoft, one of the biggest of the Big Tech companies, is shamelessly gobbling up a competitor to try to strengthen its market position,” Alex Harman, competition policy advocate for Public Citizen, said in a statement to MarketWatch. “No way should the Federal Trade Commission and the U.S. Department of Justice permit this merger to proceed. If Microsoft wants to bet on the metaverse, it should invest in new technology, not swallow up a competitor.”</p><p>Plenty believe the deal will go through, though. Kirk Materne, an analyst with Evercore ISI, wrote Tuesday that “clearly the biggest question” surrounding the deal relates to the regulatory process, but also stated why he thinks the deal will ultimately pass muster, “though it could be a long process.”</p><p>“While this deal will get plenty of attention from lawmakers given its size, gaming is a very competitive market that spans across a number of paradigms from mobile to PCs to consoles,” he wrote, adding that Microsoft has demonstrated in past deals that it can promote an open ecosystem for gamers and content, such as in its acquisition of Mojang Studios, the creators of “Minecraft,” in 2014.</p><p>Competitive concerns are far from the only worries about this deal, which involves the acquisition of a company torn apart by its culture of sexual harassment by a company reckoning with its own past. In late November, Phil Spencer, Microsoft’s head of Xbox, said the company was “evaluating all aspects of its relationship with Activision Blizzard” after the Wall Street Journal reported that CEO Bobby Kotick knew about misconduct for years, but Microsoft recently began its own inquiry into sexual-harassment guidelines after embarrassing reports about founder Bill Gates.</p><p>If the software giant passes the antitrust test, which is far from guaranteed, then it would be allowed to combine Activision’s “frat boy” culture with its own questionable workplace climate. It seems like an expensive gamble that Microsoft will be able to withstand the regulatory heat that it has been fortunate to avoid so far, all for the rights to spend billions on a potentially toxic asset.</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>Microsoft Faces Battle for Activision Deal, Especially If ‘Call of Duty’ Is Destined for Xbox Exclusivity</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\">\nMicrosoft Faces Battle for Activision Deal, Especially If ‘Call of Duty’ Is Destined for Xbox Exclusivity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-19 10:30 GMT+8 <a href=https://www.marketwatch.com/story/microsoft-faces-battle-for-activision-deal-especially-if-call-of-duty-is-destined-for-xbox-exclusivity-11642551317?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft Corp. has received a pass from regulators keen to take on Big Tech in recent years, but it may have just forfeited that pass by making a run at the biggest tech acquisition in history for a ...</p>\n\n<a href=\"https://www.marketwatch.com/story/microsoft-faces-battle-for-activision-deal-especially-if-call-of-duty-is-destined-for-xbox-exclusivity-11642551317?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":{"ATVI":"动视暴雪","MSFT":"微软"},"source_url":"https://www.marketwatch.com/story/microsoft-faces-battle-for-activision-deal-especially-if-call-of-duty-is-destined-for-xbox-exclusivity-11642551317?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156850692","content_text":"Microsoft Corp. has received a pass from regulators keen to take on Big Tech in recent years, but it may have just forfeited that pass by making a run at the biggest tech acquisition in history for a company fraught with issues.The software behemoth plans to purchase troubled videogame maker Activision Blizzard Inc. ATVI, +25.88% for $68.7 billion in cash, which would exceed Dell’s deal to buy EMC for $67 billion in 2015 as the largest tech deal ever. While antitrust scrutiny has kept companies like Facebook parent Meta Platforms Inc. FB, -4.14% or Google parent Alphabet Inc. GOOGL, -2.50% GOOG, -2.50% from making such a deal, Microsoft has largely escaped such scrutiny.Dan Ives, an analyst with Wedbush Securities, said that Microsoft MSFT, -2.43% is taking advantage of being currently out of regulators’ viewfinder, as they have been focused on making cases against Facebook, Google, Apple Inc. AAPL, -1.89% and Amazon.com Inc. AMZN, -1.99%.“[Microsoft Chief Executive Satya] Nadella saw a window to make a major bet on consumer while others are caught in the regulatory spotlight and could not go after an asset like this,” Ives said in a note to clients early Tuesday.But it’s unclear if even Microsoft will be able to swallow a deal like this. Activision’s shares closed at $82.31 on Tuesday, well short of the $95-a-share price Microsoft agreed to pay, a sign that Wall Street believes this deal could hit a wall with regulators. Cowen analysts on Tuesday said that the gulf between the acquisition price and the going rate means that “the market appears to be pricing in a roughly 1-in-3 probability that the deal gets blocked.”In regards to the antitrust threat, many analysts pointed out that after the acquisition of Activision, Microsoft would still be the third-largest videogame company globally, trailing China’s Tencent Holdings 700, +0.66% and Japan’s Sony Group 6758, -9.28%. While this suggests that the merger would not give Microsoft a dominant position in the videogame industry, it could still seriously alter the dynamics of the entire industry.As a content creator, Activision designs games for all the top gaming platforms, including Sony’s PlayStation. The most important competitive advantage that the purchase of Activision could give Microsoft is the ability to give preferential treatment to its own system when releasing popular games such as “Call of Duty,” an Activision product that is one of the best-selling videogames in the world.Sony and other gaming platform owners could argue that Microsoft’s giving preference to its own platforms with Activision’s vast array of games, and especially the most popular ones, could hurt consumers. And some analysts expect Microsoft to attempt to do just that, including making popular games exclusive for its own platforms and shutting out competitors.“Ultimately, we think Microsoft’s goal is to take Activision’s key console franchises away from Sony (and other would-be platform competitors such as Google or Apple) and thereby improve its competitive positioning,” the Cowen analysts argued. “While Microsoft indicated that ‘Activision Blizzard games are enjoyed on a variety of platforms, and we plan to continue to support those communities moving forward,’ if we were a PlayStation owner, we wouldn’t take a lot of comfort from that imprecise statement.” Cowen’s analysts believe that Sony will likely take legal action to support blocking the deal, as well as look for a blockbuster deal of it own.Similar concerns have also hung over Nvidia Corp.’s NVDA, -3.86% $40 billion proposal to buy ARM Holdings Plc. from Softbank Corp. Because ARM designs and licenses chips that are used by over 500 companies, including some of Nvidia’s rivals, some regulators and critics fear that ARM will lose its neutral industry stance. That deal has still not been approved and many on Wall Street believe it is unlikely to get a green light.Microsoft officials, for their part, only mentioned regulatory approval as needed prior to closing in a timeframe of sometime in 2023, and the company did not take any questions on its brief conference call with analysts early Tuesday. A chorus of outside voices have already called for regulators to stand in the way of the deal, as gamers lament the possibility of losing access to their favorite titles.“Once again, Microsoft, one of the biggest of the Big Tech companies, is shamelessly gobbling up a competitor to try to strengthen its market position,” Alex Harman, competition policy advocate for Public Citizen, said in a statement to MarketWatch. “No way should the Federal Trade Commission and the U.S. Department of Justice permit this merger to proceed. If Microsoft wants to bet on the metaverse, it should invest in new technology, not swallow up a competitor.”Plenty believe the deal will go through, though. Kirk Materne, an analyst with Evercore ISI, wrote Tuesday that “clearly the biggest question” surrounding the deal relates to the regulatory process, but also stated why he thinks the deal will ultimately pass muster, “though it could be a long process.”“While this deal will get plenty of attention from lawmakers given its size, gaming is a very competitive market that spans across a number of paradigms from mobile to PCs to consoles,” he wrote, adding that Microsoft has demonstrated in past deals that it can promote an open ecosystem for gamers and content, such as in its acquisition of Mojang Studios, the creators of “Minecraft,” in 2014.Competitive concerns are far from the only worries about this deal, which involves the acquisition of a company torn apart by its culture of sexual harassment by a company reckoning with its own past. In late November, Phil Spencer, Microsoft’s head of Xbox, said the company was “evaluating all aspects of its relationship with Activision Blizzard” after the Wall Street Journal reported that CEO Bobby Kotick knew about misconduct for years, but Microsoft recently began its own inquiry into sexual-harassment guidelines after embarrassing reports about founder Bill Gates.If the software giant passes the antitrust test, which is far from guaranteed, then it would be allowed to combine Activision’s “frat boy” culture with its own questionable workplace climate. It seems like an expensive gamble that Microsoft will be able to withstand the regulatory heat that it has been fortunate to avoid so far, all for the rights to spend billions on a potentially toxic asset.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045635458,"gmtCreate":1656604428574,"gmtModify":1676535861850,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"Then he will have the same issue and ","listText":"Then he will have the same issue and ","text":"Then he will have the same issue and","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045635458","isVote":1,"tweetType":1,"viewCount":4097,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004845217,"gmtCreate":1642561697033,"gmtModify":1676533723422,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"Hmm agree","listText":"Hmm agree","text":"Hmm agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004845217","repostId":"1114150347","repostType":4,"repost":{"id":"1114150347","kind":"news","pubTimestamp":1642560212,"share":"https://ttm.financial/m/news/1114150347?lang=&edition=fundamental","pubTime":"2022-01-19 10:43","market":"us","language":"en","title":"Why Bed Bath & Beyond Stock Dived by 9%","url":"https://stock-news.laohu8.com/highlight/detail?id=1114150347","media":"Motley Fool","summary":"What happenedOn a lousy day for the stock market,Bed Bath & Beyond(NASDAQ:BBBY)stock fared even wors","content":"<html><head></head><body><p><b>What happened</b></p><p>On a lousy day for the stock market,<b>Bed Bath & Beyond</b>(NASDAQ:BBBY)stock fared even worse. The home goods retailer saw its shares decline by over 9% Tuesday, on the back of a price target cut from a prominent investment bank.</p><p><b>So what</b></p><p>Before market open, <b>Morgan Stanley</b> analyst Simeon Gutman trimmed said price target on the stock, from $12 per share to $11. That doesn't change his outlook on its prospects -- he's maintaining his equal weight (neutral) recommendation. On Tuesday, the company's stock fell to just over $14 per share.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9594587b576d20a03d4ce0dc53d07a7f\" tg-width=\"700\" tg-height=\"468\" width=\"100%\" height=\"auto\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p>The reasoning behind the move wasn't immediately clear. Regardless, Morgan Stanley has been a bigger bear on the company in the recent past. Last October, the price target saw a far more drastic cut, as it was chopped to $12 from $18. At the time, the investment bank also downgraded its recommendation to underweight (sell) from equal weight.</p><p><b>Now what</b></p><p>Times are tough these days in the retail industry, which is feeling the pressure both from reduced customer traffic in the wake of the omicron variant and supply chain issues.</p><p>Even without those additional headaches, though, Bed Bath & Beyond is struggling; across the past half-decade it has seen notable revenue erosion. From 2018 to 2021 its top line has declined every year, tumbling from just under $12.4 billion in 2018 to barely over $9.2 billion in the latter year. So investors looking for a turnaround story in the retail sector might do best by searching elsewhere.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Bed Bath & Beyond Stock Dived by 9%</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 Bed Bath & Beyond Stock Dived by 9%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-19 10:43 GMT+8 <a href=https://www.fool.com/investing/2022/01/18/why-bed-bath-beyond-stock-dived-by-9-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedOn a lousy day for the stock market,Bed Bath & Beyond(NASDAQ:BBBY)stock fared even worse. The home goods retailer saw its shares decline by over 9% Tuesday, on the back of a price target ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/18/why-bed-bath-beyond-stock-dived-by-9-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.fool.com/investing/2022/01/18/why-bed-bath-beyond-stock-dived-by-9-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114150347","content_text":"What happenedOn a lousy day for the stock market,Bed Bath & Beyond(NASDAQ:BBBY)stock fared even worse. The home goods retailer saw its shares decline by over 9% Tuesday, on the back of a price target cut from a prominent investment bank.So whatBefore market open, Morgan Stanley analyst Simeon Gutman trimmed said price target on the stock, from $12 per share to $11. That doesn't change his outlook on its prospects -- he's maintaining his equal weight (neutral) recommendation. On Tuesday, the company's stock fell to just over $14 per share.IMAGE SOURCE: GETTY IMAGES.The reasoning behind the move wasn't immediately clear. Regardless, Morgan Stanley has been a bigger bear on the company in the recent past. Last October, the price target saw a far more drastic cut, as it was chopped to $12 from $18. At the time, the investment bank also downgraded its recommendation to underweight (sell) from equal weight.Now whatTimes are tough these days in the retail industry, which is feeling the pressure both from reduced customer traffic in the wake of the omicron variant and supply chain issues.Even without those additional headaches, though, Bed Bath & Beyond is struggling; across the past half-decade it has seen notable revenue erosion. From 2018 to 2021 its top line has declined every year, tumbling from just under $12.4 billion in 2018 to barely over $9.2 billion in the latter year. So investors looking for a turnaround story in the retail sector might do best by searching elsewhere.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1995,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042857811,"gmtCreate":1656463434633,"gmtModify":1676535833846,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"🤣Heheheh","listText":"🤣Heheheh","text":"🤣Heheheh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042857811","isVote":1,"tweetType":1,"viewCount":2025,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004845839,"gmtCreate":1642561675079,"gmtModify":1676533723421,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"Really meh","listText":"Really meh","text":"Really meh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004845839","repostId":"1145231721","repostType":4,"repost":{"id":"1145231721","kind":"news","pubTimestamp":1642560526,"share":"https://ttm.financial/m/news/1145231721?lang=&edition=fundamental","pubTime":"2022-01-19 10:48","market":"us","language":"en","title":"Microsoft Takes Out Activision: Everything You Need To Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1145231721","media":"Seeking Alpha","summary":"SummaryMicrosoft will acquire Activision Blizzard for $95 per share.This makes for a hefty premium c","content":"<html><head></head><body><p>Summary</p><ul><li>Microsoft will acquire Activision Blizzard for $95 per share.</li><li>This makes for a hefty premium compared to where ATVI traded in recent months, but ATVI traded at higher prices one year ago.</li><li>This deal makes a lot of sense for MSFT, as it will be accretive while there is also a strategic rationale to get gaming IP.</li><li>Looking for a helping hand in the market? Members of Cash Flow Kingdom get exclusive ideas and guidance to navigate any climate.</li></ul><p>Activision Blizzard, Inc. (ATVI), a leading gaming company, is getting acquired by Microsoft (MSFT), one of the largest tech companies in the world. The deal allows for compelling share price gains for those that bought into ATVI in the recent past when shares were pretty inexpensive. At the same time, I do believe that the takeover also makes a lot of sense for Microsoft. Not only is the deal immediately accretive thanks to ATVI's not very demanding valuation, but Microsoft is also able to access strong intellectual properties and will grow its strategic gaming division massively thanks to this takeover.</p><p><b>ATVI Overview</b></p><p>Activision Blizzard is a company that was, in its current form, created in 2007 when Vivendi (which owned Blizzard) and Activision agreed on a merger. Activision Blizzard is one of the largest gaming companies in the world, with annual sales of around $10 billion. Its intellectual property includes many established and sought-after franchises, including the Call of Duty franchise, the Tony Hawk franchise, the Warcraft and StarCraft franchises, the Diablo franchise, and many more. Some of the company's products utilize a free-to-play approach where in-game upgrades etc. can be purchased, such as Candy Crush. Other titles, such as the CoD franchise, come with a one-time purchase price, while others, such as World of Warcraft, require a monthly subscription fee. Some of the company's IP can be seen in the following graphic:</p><p><img src=\"https://static.tigerbbs.com/2f0c27788cd938b9ac5d39da69065280\" tg-width=\"640\" tg-height=\"580\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>ATVI IP</p><p><b>ATVI presentation</b></p><p>There is a wide range of products addressing different groups of gamers across age groups, platforms (mobile, PC, gaming consoles), and content. This allows ATVI to address hundreds of millions of gamers with its products, although it should be noted that many of those users are non-paying gamers that play ATVI's free-to-play mobile games. Still, even the company's premium products, such as the CoD franchise and the Blizzard products, have monthly users of more than 100 million (in total), per ATVI's most recent quarterly report.</p><p><img src=\"https://static.tigerbbs.com/11e56e2b4367c7533b790c0167186de6\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>Over the last decade, ATVI has grown its revenue by 100%, and its cash flow by 200%. This makes for an annual growth rate of 7% and 12%, respectively, which I deem attractive. Revenue growth is, at least partially, driven by the growth across the global gaming industry. Playing games across a wide range of platforms is a type of entertainment that is becoming more popular over time, and thatgains shareversus other forms of entertainment, such as watching TV. In this growing market, ATVI didn't have any problems in generating business growth. Thanks to its strong IP and some takeovers, the company was able to grow its business quite meaningfully. Operating leverage, in turn, allowed the company to grow its profits and cash flow significantly faster than its revenue. Producing a title does come with relatively fixed costs, and selling the title to a growing number of consumers leads to outsized gains in profits and cash flow.</p><p>The global gaming market will, according to most forecasts, continue to grow rapidly for the foreseeable future. Some experts forecast that revenues will grow by10%+through the 2020s. Even if that turns out to be a too aggressive estimate, it seems pretty clear that global gaming sales will rise in the future. Current consensus estimates see ATVI grow its revenue from a little more than $9 billion this year to $18 billion in 2027, while its earnings per share are forecasted to grow from $3.80 this year to more than $9 over the same time frame. These analyst estimates may not be 100% precise, but they should be in the ballpark of where ATVI's actual results will land. Clearly, Activision Blizzard is thus a company with a compelling longer-term growth outlook, thanks primarily to strong macro tailwinds for its industry.</p><p><b>The Deal With Microsoft</b></p><p>Microsoft agreed to acquire Activision Blizzard for$95 per share, which makes for a 45% premium to the price per share before the deal was announced. This will be an all-cash deal, thus Microsoft will not issue any new shares to finance the acquisition - investors thus don't have to worry about dilution.</p><p>At the time of writing, ATVI trades at $86 per share, there thus is considerable room left versus the takeover price of $95. The takeover process will take some time, however, and management has guided that the deal will likely close in 2023. Investors will thus have to wait quite some time if they want to hold out for $95 per share, which is why I believe that selling in the high $80s or low $90s could make sense, as funds could be deployed elsewhere. Investors should also consider the risk that the acquisition could fall through, although I do not deem this particularly likely. It should be noted that it is also possible that another suitor comes out with a competing bid in the coming months, although I do not deem this especially likely, either.</p><p>Based on a share count of around 780 million, the deal values the company at $74 billion. We should adjust this for ATVI's net cash position, however, which stands at $6 billion. The actual price that Microsoft will pay for Activision Blizzard, net of cash and debt acquired, is thus $68 billion. For a company with around $3 billion in operating cash flow that isn't a low amount of money, but it isn't especially much, either. In fact, ATVI's cash flow multiple (at the takeover price) of around 23 is lower than Microsoft's current cash flow multiple of 28.</p><p>Microsoft is thus acquiring a company that is cheaper than Microsoft itself, even factoring in the takeover premium. At the same time, ATVI is forecasted to grow faster than MSFT, thus this deal looks pretty good for Microsoft: Microsoft can use a portion of its (non-productive) cash pile to acquire a company that is growing faster than itself and that trades at a lower valuation.</p><p>At the same time, there is also a strong strategic rationale for Microsoft to do this takeover. Microsoft's gaming franchise is solid, but lacking scale and strong/attractive intellectual property. By acquiring ATVI, with its established huge franchises, such as CoD or Diablo, Microsoft can strengthen its position in an area where it is currently looking relatively weak. At the same time, with Microsoft's massive resources, investments in ATVI's franchises could be increased, which would possibly allow for a better output when it comes to class A titles in the future. Since Microsoft already owns one of the major gaming platforms (Xbox), getting a stronger hold on the software side will make Microsoft a stronger player in the gaming industry overall. I wouldn't be surprised to see Microsoft develop more exclusive Xbox titles in the future, using ATVI's IP, which should also drive sales for Microsoft's gaming hardware side.</p><p><b>What It Means For ATVI And MSFT Shareholders</b></p><p>For Microsoft's shareholders, this seems like a huge win - which is why I was surprised to see MSFT's shares decline initially. Microsoft gets to deploy cash in an accretive way (more accretive than buybacks) while strengthening the company's position in a huge growth market. There is, from Microsoft's side, nothing to dislike about this deal, I believe. I personally think that it makes more sense than the LinkedIn acquisition, for example.</p><p>For Activision Blizzard's shareholders, the acquisition looks pretty solid as well - especially for those that bought when shares were pretty inexpensive over the last couple of months. Those that bought in early 2021, when shares traded at as much as $100, might feel that the takeover price is too low. A case could be made that ATVI deserves a higher takeover price based on its future growth outlook, but I believe that ATVI's shareholders are getting a pretty reasonable payment here.</p><p>I own shares in both companies, with the ATVI position being a relatively new one, bought in late 2021 at around $65 per share (missing the bottom, which was at $56). I am happy to bag a 30%+ return for a couple of months and plan to sell my shares in the near term, even though I won't receive the full $95 per share by doing so. I might deploy some of the proceeds into MSFT, although not all of them, as I deem Microsoft pretty expensive right now. MSFT is, after all, trading at more than 33x this year's net profits (ATVI, for reference, was trading at just 17x forward profits when I bought my stake).</p><p>For those ATVI investors that want to have exposure to ATVI's IP, buying MSFT is a logical choice, although they should be clear about the fact that ATVI will only be a relatively small part of the much bigger MSFT. For those that want to deploy their money into a 100% gaming-focused pick, Take-Two Interactive (TTWO) could be a reasonable choice - its shares have become less expensive following the announcement of the Zynga (ZNGA) deal, and TTWO owns strong IP as well (e.g., GTA).</p><p></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>Microsoft Takes Out Activision: Everything You Need To Know</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\">\nMicrosoft Takes Out Activision: Everything You Need To Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-19 10:48 GMT+8 <a href=https://seekingalpha.com/article/4480128-msft-takes-out-atvi><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMicrosoft will acquire Activision Blizzard for $95 per share.This makes for a hefty premium compared to where ATVI traded in recent months, but ATVI traded at higher prices one year ago.This ...</p>\n\n<a href=\"https://seekingalpha.com/article/4480128-msft-takes-out-atvi\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ATVI":"动视暴雪","MSFT":"微软"},"source_url":"https://seekingalpha.com/article/4480128-msft-takes-out-atvi","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145231721","content_text":"SummaryMicrosoft will acquire Activision Blizzard for $95 per share.This makes for a hefty premium compared to where ATVI traded in recent months, but ATVI traded at higher prices one year ago.This deal makes a lot of sense for MSFT, as it will be accretive while there is also a strategic rationale to get gaming IP.Looking for a helping hand in the market? Members of Cash Flow Kingdom get exclusive ideas and guidance to navigate any climate.Activision Blizzard, Inc. (ATVI), a leading gaming company, is getting acquired by Microsoft (MSFT), one of the largest tech companies in the world. The deal allows for compelling share price gains for those that bought into ATVI in the recent past when shares were pretty inexpensive. At the same time, I do believe that the takeover also makes a lot of sense for Microsoft. Not only is the deal immediately accretive thanks to ATVI's not very demanding valuation, but Microsoft is also able to access strong intellectual properties and will grow its strategic gaming division massively thanks to this takeover.ATVI OverviewActivision Blizzard is a company that was, in its current form, created in 2007 when Vivendi (which owned Blizzard) and Activision agreed on a merger. Activision Blizzard is one of the largest gaming companies in the world, with annual sales of around $10 billion. Its intellectual property includes many established and sought-after franchises, including the Call of Duty franchise, the Tony Hawk franchise, the Warcraft and StarCraft franchises, the Diablo franchise, and many more. Some of the company's products utilize a free-to-play approach where in-game upgrades etc. can be purchased, such as Candy Crush. Other titles, such as the CoD franchise, come with a one-time purchase price, while others, such as World of Warcraft, require a monthly subscription fee. Some of the company's IP can be seen in the following graphic:ATVI IPATVI presentationThere is a wide range of products addressing different groups of gamers across age groups, platforms (mobile, PC, gaming consoles), and content. This allows ATVI to address hundreds of millions of gamers with its products, although it should be noted that many of those users are non-paying gamers that play ATVI's free-to-play mobile games. Still, even the company's premium products, such as the CoD franchise and the Blizzard products, have monthly users of more than 100 million (in total), per ATVI's most recent quarterly report.Data byYChartsOver the last decade, ATVI has grown its revenue by 100%, and its cash flow by 200%. This makes for an annual growth rate of 7% and 12%, respectively, which I deem attractive. Revenue growth is, at least partially, driven by the growth across the global gaming industry. Playing games across a wide range of platforms is a type of entertainment that is becoming more popular over time, and thatgains shareversus other forms of entertainment, such as watching TV. In this growing market, ATVI didn't have any problems in generating business growth. Thanks to its strong IP and some takeovers, the company was able to grow its business quite meaningfully. Operating leverage, in turn, allowed the company to grow its profits and cash flow significantly faster than its revenue. Producing a title does come with relatively fixed costs, and selling the title to a growing number of consumers leads to outsized gains in profits and cash flow.The global gaming market will, according to most forecasts, continue to grow rapidly for the foreseeable future. Some experts forecast that revenues will grow by10%+through the 2020s. Even if that turns out to be a too aggressive estimate, it seems pretty clear that global gaming sales will rise in the future. Current consensus estimates see ATVI grow its revenue from a little more than $9 billion this year to $18 billion in 2027, while its earnings per share are forecasted to grow from $3.80 this year to more than $9 over the same time frame. These analyst estimates may not be 100% precise, but they should be in the ballpark of where ATVI's actual results will land. Clearly, Activision Blizzard is thus a company with a compelling longer-term growth outlook, thanks primarily to strong macro tailwinds for its industry.The Deal With MicrosoftMicrosoft agreed to acquire Activision Blizzard for$95 per share, which makes for a 45% premium to the price per share before the deal was announced. This will be an all-cash deal, thus Microsoft will not issue any new shares to finance the acquisition - investors thus don't have to worry about dilution.At the time of writing, ATVI trades at $86 per share, there thus is considerable room left versus the takeover price of $95. The takeover process will take some time, however, and management has guided that the deal will likely close in 2023. Investors will thus have to wait quite some time if they want to hold out for $95 per share, which is why I believe that selling in the high $80s or low $90s could make sense, as funds could be deployed elsewhere. Investors should also consider the risk that the acquisition could fall through, although I do not deem this particularly likely. It should be noted that it is also possible that another suitor comes out with a competing bid in the coming months, although I do not deem this especially likely, either.Based on a share count of around 780 million, the deal values the company at $74 billion. We should adjust this for ATVI's net cash position, however, which stands at $6 billion. The actual price that Microsoft will pay for Activision Blizzard, net of cash and debt acquired, is thus $68 billion. For a company with around $3 billion in operating cash flow that isn't a low amount of money, but it isn't especially much, either. In fact, ATVI's cash flow multiple (at the takeover price) of around 23 is lower than Microsoft's current cash flow multiple of 28.Microsoft is thus acquiring a company that is cheaper than Microsoft itself, even factoring in the takeover premium. At the same time, ATVI is forecasted to grow faster than MSFT, thus this deal looks pretty good for Microsoft: Microsoft can use a portion of its (non-productive) cash pile to acquire a company that is growing faster than itself and that trades at a lower valuation.At the same time, there is also a strong strategic rationale for Microsoft to do this takeover. Microsoft's gaming franchise is solid, but lacking scale and strong/attractive intellectual property. By acquiring ATVI, with its established huge franchises, such as CoD or Diablo, Microsoft can strengthen its position in an area where it is currently looking relatively weak. At the same time, with Microsoft's massive resources, investments in ATVI's franchises could be increased, which would possibly allow for a better output when it comes to class A titles in the future. Since Microsoft already owns one of the major gaming platforms (Xbox), getting a stronger hold on the software side will make Microsoft a stronger player in the gaming industry overall. I wouldn't be surprised to see Microsoft develop more exclusive Xbox titles in the future, using ATVI's IP, which should also drive sales for Microsoft's gaming hardware side.What It Means For ATVI And MSFT ShareholdersFor Microsoft's shareholders, this seems like a huge win - which is why I was surprised to see MSFT's shares decline initially. Microsoft gets to deploy cash in an accretive way (more accretive than buybacks) while strengthening the company's position in a huge growth market. There is, from Microsoft's side, nothing to dislike about this deal, I believe. I personally think that it makes more sense than the LinkedIn acquisition, for example.For Activision Blizzard's shareholders, the acquisition looks pretty solid as well - especially for those that bought when shares were pretty inexpensive over the last couple of months. Those that bought in early 2021, when shares traded at as much as $100, might feel that the takeover price is too low. A case could be made that ATVI deserves a higher takeover price based on its future growth outlook, but I believe that ATVI's shareholders are getting a pretty reasonable payment here.I own shares in both companies, with the ATVI position being a relatively new one, bought in late 2021 at around $65 per share (missing the bottom, which was at $56). I am happy to bag a 30%+ return for a couple of months and plan to sell my shares in the near term, even though I won't receive the full $95 per share by doing so. I might deploy some of the proceeds into MSFT, although not all of them, as I deem Microsoft pretty expensive right now. MSFT is, after all, trading at more than 33x this year's net profits (ATVI, for reference, was trading at just 17x forward profits when I bought my stake).For those ATVI investors that want to have exposure to ATVI's IP, buying MSFT is a logical choice, although they should be clear about the fact that ATVI will only be a relatively small part of the much bigger MSFT. For those that want to deploy their money into a 100% gaming-focused pick, Take-Two Interactive (TTWO) could be a reasonable choice - its shares have become less expensive following the announcement of the Zynga (ZNGA) deal, and TTWO owns strong IP as well (e.g., GTA).","news_type":1},"isVote":1,"tweetType":1,"viewCount":1600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948678347,"gmtCreate":1680706633590,"gmtModify":1680706637047,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"Okay but what is this about me that you are ","listText":"Okay but what is this about me that you are ","text":"Okay but what is this about me that you are","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/9948678347","isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863817056,"gmtCreate":1632373522575,"gmtModify":1676530766700,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":". ","listText":". ","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/863817056","repostId":"1108868685","repostType":4,"repost":{"id":"1108868685","kind":"news","pubTimestamp":1632359928,"share":"https://ttm.financial/m/news/1108868685?lang=&edition=fundamental","pubTime":"2021-09-23 09:18","market":"hk","language":"zh","title":"重磅!华人置业拟清仓式减持恒大股份","url":"https://stock-news.laohu8.com/highlight/detail?id=1108868685","media":"新浪港股","summary":"华人置业发布公告,华人置业在港交所公告称,8月30日至9月21日期间,透过联交所公开市场出售中国恒大(2.27,0.00,0.00%)集团合共1.09亿股股份(占中国恒大集团于2021年8月31日已发","content":"<p><a href=\"https://laohu8.com/S/00127\">华人置业</a>发布公告,华人置业在港交所公告称,8月30日至9月21日期间,透过联交所公开市场出售<a href=\"https://laohu8.com/S/03333\">中国恒大</a>(2.27,0.00,0.00%)集团合共1.09亿股股份(占中国恒大集团于2021年8月31日已发行股本约0.82%),总代价约为2.465亿港元(不包括交易成本)。每股出售股份之平均售价约为2.26港元(不包括交易成本),目前仍持有7.51亿股股份。<img src=\"https://static.tigerbbs.com/c7922c37e365e2b20deb327f91aea742\" tg-width=\"550\" tg-height=\"581\" referrerpolicy=\"no-referrer\"></p>\n<p>公司表示,本集团将视乎当时市况,于授权期间不时在市场上或透过大宗交易于一宗或一系列交易中出售最多7.51亿股授权股份,自9月23日起12个月有效。</p>","source":"highlight_sina","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>重磅!华人置业拟清仓式减持恒大股份</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{ 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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n重磅!华人置业拟清仓式减持恒大股份\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 09:18 北京时间 <a href=https://finance.sina.com.cn/stock/hkstock/ggscyd/2021-09-23/doc-iktzscyx5777230.shtml><strong>新浪港股</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>华人置业发布公告,华人置业在港交所公告称,8月30日至9月21日期间,透过联交所公开市场出售中国恒大(2.27,0.00,0.00%)集团合共1.09亿股股份(占中国恒大集团于2021年8月31日已发行股本约0.82%),总代价约为2.465亿港元(不包括交易成本)。每股出售股份之平均售价约为2.26港元(不包括交易成本),目前仍持有7.51亿股股份。\n公司表示,本集团将视乎当时市况,于授权期间...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/hkstock/ggscyd/2021-09-23/doc-iktzscyx5777230.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e30c7c2bb2f2b26365ecffc9d3d59411","relate_stocks":{"00127":"华人置业","03333":"中国恒大"},"source_url":"https://finance.sina.com.cn/stock/hkstock/ggscyd/2021-09-23/doc-iktzscyx5777230.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"1108868685","content_text":"华人置业发布公告,华人置业在港交所公告称,8月30日至9月21日期间,透过联交所公开市场出售中国恒大(2.27,0.00,0.00%)集团合共1.09亿股股份(占中国恒大集团于2021年8月31日已发行股本约0.82%),总代价约为2.465亿港元(不包括交易成本)。每股出售股份之平均售价约为2.26港元(不包括交易成本),目前仍持有7.51亿股股份。\n公司表示,本集团将视乎当时市况,于授权期间不时在市场上或透过大宗交易于一宗或一系列交易中出售最多7.51亿股授权股份,自9月23日起12个月有效。","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9044813750,"gmtCreate":1656729632970,"gmtModify":1676535885605,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"🤭🤭🤭🤭","listText":"🤭🤭🤭🤭","text":"🤭🤭🤭🤭","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9044813750","isVote":1,"tweetType":1,"viewCount":4187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042918751,"gmtCreate":1656420988973,"gmtModify":1676535824470,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣","listText":"🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣","text":"🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042918751","isVote":1,"tweetType":1,"viewCount":1440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9048688049,"gmtCreate":1656204362081,"gmtModify":1676535783413,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"U see my bf also then you will see that I am a good man but you have to make me feel like I drag you down to my heart I want you to know that I am so proud of u for being my love for u to come to my house to see you again I am so happy for you and I am so proud of you and I am so proud of you ","listText":"U see my bf also then you will see that I am a good man but you have to make me feel like I drag you down to my heart I want you to know that I am so proud of u for being my love for u to come to my house to see you again I am so happy for you and I am so proud of you and I am so proud of you ","text":"U see my bf also then you will see that I am a good man but you have to make me feel like I drag you down to my heart I want you to know that I am so proud of u for being my love for u to come to my house to see you again I am so happy for you and I am so proud of you and I am so proud of you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9048688049","isVote":1,"tweetType":1,"viewCount":1295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9086524570,"gmtCreate":1650471929040,"gmtModify":1676534732358,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"shsjsvdjs","listText":"shsjsvdjs","text":"shsjsvdjs","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9086524570","isVote":1,"tweetType":1,"viewCount":841,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004845134,"gmtCreate":1642561639235,"gmtModify":1676533723415,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004845134","repostId":"2204408493","repostType":4,"repost":{"id":"2204408493","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":1642541163,"share":"https://ttm.financial/m/news/2204408493?lang=&edition=fundamental","pubTime":"2022-01-19 05:26","market":"us","language":"en","title":"US STOCKS-Wall St Sinks as Yields Spike, Financials Fall after Goldman Miss","url":"https://stock-news.laohu8.com/highlight/detail?id=2204408493","media":"Reuters","summary":"* Nasdaq ends down 9.7% from Nov 19 record close* Goldman shares tumble as profit hit by weaker trad","content":"<html><head></head><body><p>* Nasdaq ends down 9.7% from Nov 19 record close</p><p>* Goldman shares tumble as profit hit by weaker trading</p><p>* Benchmark U.S. Treasury yields jump to two-year highs</p><p>* Activision soars on $68.7 billion Microsoft deal</p><p>* Indexes down: Dow 1.51%, S&P 1.84%, Nasdaq 2.6%</p><p>By Lewis Krauskopf, Bansari Mayur Kamdar and Shreyashi Sanyal</p><p>Jan 18 (Reuters) - Wall Street's main indexes fell sharply on Tuesday as weak results from Goldman Sachs weighed on financial stocks and tech shares continued their sell-off to start the year as U.S. Treasury yields rose to milestones.</p><p>The Nasdaq dropped most among major indexes on Tuesday and now has fallen about 9.7% from its Nov. 19 record closing high, close to confirming a 10% correction for the first time since early 2021. The tech-heavy index also closed below its 200-day moving average, a key technical support level, for the first time since April 2020.</p><p>Goldman Sachs shares tumbled 7% after the investment bank missed quarterly profit expectations amid weak trading activity. The financials sector , which has been <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the better-performing groups in 2022, dropped 2.3%.</p><p>“The financials crumbling a little bit under the weight of less-than-impressive earnings quarters is probably the biggest factor today,” said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. “When you have taken out potentially one of the areas that actually was working here, that kind of casts a pall on the market.”</p><p>Benchmark U.S. Treasury yields jumped to two-year highs and two-year yields breached 1% as traders prepared for the Federal Reserve to be more aggressive in tackling unabated inflation.</p><p>The steep ascent in yields to start 2022 has weighed in particular on tech and growth stocks, whose future expected cash flows are discounted more sharply as yields rise.</p><p>“The hot inflation prints have spooked the market that the Fed is going to move and so we are seeing this rise in yields,” said Mona Mahajan, senior investment strategist at Edward Jones.</p><p>"It’s not only the rise in yields but the rapid rise in yields ... that really does cause some indigestion in the market, but particularly in growth, higher valuation, more speculative asset classes,” Mahajan said.</p><p>The Dow Jones Industrial Average fell 543.34 points, or 1.51%, to 35,368.47, the S&P 500 lost 85.74 points, or 1.84%, to 4,577.11 and the Nasdaq Composite dropped 386.86 points, or 2.6%, to 14,506.90.</p><p>Of 11 S&P 500 sectors, 10 ended lower, with technology falling the most. Energy , the top-percentage gainer so far in 2022, was the lone sector in positive territory, rising 0.4%.</p><p>Declines in megacap stocks, including Microsoft , Apple and <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> , weighed heavily on the S&P 500 among individual shares.</p><p>A BofA survey showed that fund managers had cut their overweight positions in tech to their lowest levels since 2008, while another survey by Deutsche Bank found that a majority of respondents believed U.S. technology stocks are in bubble territory.</p><p>Investors are zeroing in on next week's Fed policy meeting for more clarity on central bankers' next moves to rein in inflation. Data last week showed U.S. consumer prices increased solidly in December, culminating in the largest annual rise in inflation in nearly four decades.</p><p>In company news, Activision shares soared nearly 26% after Microsoft announced a deal to buy the video-game maker for $68.7 billion. Shares of other video game companies rose, with Electronic Arts up 2.7% and <a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a> up 1%. Microsoft shares fell 2.4%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 5.52-to-1 ratio; on Nasdaq, a 4.93-to-1 ratio favored decliners.</p><p>The S&P 500 posted 34 new 52-week highs and nine new lows; the Nasdaq Composite recorded 69 new highs and 611 new lows.</p><p>About 11.9 billion shares changed hands in U.S. exchanges, compared with the 10 billion daily average over the last 20 sessions.</p><p>Goldman profit hit by weaker trading, rising expenses; shares tumble.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Sinks as Yields Spike, Financials Fall after Goldman Miss</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Sinks as Yields Spike, Financials Fall after Goldman Miss\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\">2022-01-19 05:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Nasdaq ends down 9.7% from Nov 19 record close</p><p>* Goldman shares tumble as profit hit by weaker trading</p><p>* Benchmark U.S. Treasury yields jump to two-year highs</p><p>* Activision soars on $68.7 billion Microsoft deal</p><p>* Indexes down: Dow 1.51%, S&P 1.84%, Nasdaq 2.6%</p><p>By Lewis Krauskopf, Bansari Mayur Kamdar and Shreyashi Sanyal</p><p>Jan 18 (Reuters) - Wall Street's main indexes fell sharply on Tuesday as weak results from Goldman Sachs weighed on financial stocks and tech shares continued their sell-off to start the year as U.S. Treasury yields rose to milestones.</p><p>The Nasdaq dropped most among major indexes on Tuesday and now has fallen about 9.7% from its Nov. 19 record closing high, close to confirming a 10% correction for the first time since early 2021. The tech-heavy index also closed below its 200-day moving average, a key technical support level, for the first time since April 2020.</p><p>Goldman Sachs shares tumbled 7% after the investment bank missed quarterly profit expectations amid weak trading activity. The financials sector , which has been <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the better-performing groups in 2022, dropped 2.3%.</p><p>“The financials crumbling a little bit under the weight of less-than-impressive earnings quarters is probably the biggest factor today,” said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. “When you have taken out potentially one of the areas that actually was working here, that kind of casts a pall on the market.”</p><p>Benchmark U.S. Treasury yields jumped to two-year highs and two-year yields breached 1% as traders prepared for the Federal Reserve to be more aggressive in tackling unabated inflation.</p><p>The steep ascent in yields to start 2022 has weighed in particular on tech and growth stocks, whose future expected cash flows are discounted more sharply as yields rise.</p><p>“The hot inflation prints have spooked the market that the Fed is going to move and so we are seeing this rise in yields,” said Mona Mahajan, senior investment strategist at Edward Jones.</p><p>"It’s not only the rise in yields but the rapid rise in yields ... that really does cause some indigestion in the market, but particularly in growth, higher valuation, more speculative asset classes,” Mahajan said.</p><p>The Dow Jones Industrial Average fell 543.34 points, or 1.51%, to 35,368.47, the S&P 500 lost 85.74 points, or 1.84%, to 4,577.11 and the Nasdaq Composite dropped 386.86 points, or 2.6%, to 14,506.90.</p><p>Of 11 S&P 500 sectors, 10 ended lower, with technology falling the most. Energy , the top-percentage gainer so far in 2022, was the lone sector in positive territory, rising 0.4%.</p><p>Declines in megacap stocks, including Microsoft , Apple and <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> , weighed heavily on the S&P 500 among individual shares.</p><p>A BofA survey showed that fund managers had cut their overweight positions in tech to their lowest levels since 2008, while another survey by Deutsche Bank found that a majority of respondents believed U.S. technology stocks are in bubble territory.</p><p>Investors are zeroing in on next week's Fed policy meeting for more clarity on central bankers' next moves to rein in inflation. Data last week showed U.S. consumer prices increased solidly in December, culminating in the largest annual rise in inflation in nearly four decades.</p><p>In company news, Activision shares soared nearly 26% after Microsoft announced a deal to buy the video-game maker for $68.7 billion. Shares of other video game companies rose, with Electronic Arts up 2.7% and <a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a> up 1%. Microsoft shares fell 2.4%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 5.52-to-1 ratio; on Nasdaq, a 4.93-to-1 ratio favored decliners.</p><p>The S&P 500 posted 34 new 52-week highs and nine new lows; the Nasdaq Composite recorded 69 new highs and 611 new lows.</p><p>About 11.9 billion shares changed hands in U.S. exchanges, compared with the 10 billion daily average over the last 20 sessions.</p><p>Goldman profit hit by weaker trading, rising expenses; shares tumble.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","GS":"高盛","BK4127":"投资银行业与经纪业",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BK4550":"红杉资本持仓","BK4504":"桥水持仓","BK4552":"Archegos爆仓风波概念","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":"2204408493","content_text":"* Nasdaq ends down 9.7% from Nov 19 record close* Goldman shares tumble as profit hit by weaker trading* Benchmark U.S. Treasury yields jump to two-year highs* Activision soars on $68.7 billion Microsoft deal* Indexes down: Dow 1.51%, S&P 1.84%, Nasdaq 2.6%By Lewis Krauskopf, Bansari Mayur Kamdar and Shreyashi SanyalJan 18 (Reuters) - Wall Street's main indexes fell sharply on Tuesday as weak results from Goldman Sachs weighed on financial stocks and tech shares continued their sell-off to start the year as U.S. Treasury yields rose to milestones.The Nasdaq dropped most among major indexes on Tuesday and now has fallen about 9.7% from its Nov. 19 record closing high, close to confirming a 10% correction for the first time since early 2021. The tech-heavy index also closed below its 200-day moving average, a key technical support level, for the first time since April 2020.Goldman Sachs shares tumbled 7% after the investment bank missed quarterly profit expectations amid weak trading activity. The financials sector , which has been one of the better-performing groups in 2022, dropped 2.3%.“The financials crumbling a little bit under the weight of less-than-impressive earnings quarters is probably the biggest factor today,” said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. “When you have taken out potentially one of the areas that actually was working here, that kind of casts a pall on the market.”Benchmark U.S. Treasury yields jumped to two-year highs and two-year yields breached 1% as traders prepared for the Federal Reserve to be more aggressive in tackling unabated inflation.The steep ascent in yields to start 2022 has weighed in particular on tech and growth stocks, whose future expected cash flows are discounted more sharply as yields rise.“The hot inflation prints have spooked the market that the Fed is going to move and so we are seeing this rise in yields,” said Mona Mahajan, senior investment strategist at Edward Jones.\"It’s not only the rise in yields but the rapid rise in yields ... that really does cause some indigestion in the market, but particularly in growth, higher valuation, more speculative asset classes,” Mahajan said.The Dow Jones Industrial Average fell 543.34 points, or 1.51%, to 35,368.47, the S&P 500 lost 85.74 points, or 1.84%, to 4,577.11 and the Nasdaq Composite dropped 386.86 points, or 2.6%, to 14,506.90.Of 11 S&P 500 sectors, 10 ended lower, with technology falling the most. Energy , the top-percentage gainer so far in 2022, was the lone sector in positive territory, rising 0.4%.Declines in megacap stocks, including Microsoft , Apple and Meta Platforms , weighed heavily on the S&P 500 among individual shares.A BofA survey showed that fund managers had cut their overweight positions in tech to their lowest levels since 2008, while another survey by Deutsche Bank found that a majority of respondents believed U.S. technology stocks are in bubble territory.Investors are zeroing in on next week's Fed policy meeting for more clarity on central bankers' next moves to rein in inflation. Data last week showed U.S. consumer prices increased solidly in December, culminating in the largest annual rise in inflation in nearly four decades.In company news, Activision shares soared nearly 26% after Microsoft announced a deal to buy the video-game maker for $68.7 billion. Shares of other video game companies rose, with Electronic Arts up 2.7% and Take-Two Interactive Software up 1%. Microsoft shares fell 2.4%.Declining issues outnumbered advancing ones on the NYSE by a 5.52-to-1 ratio; on Nasdaq, a 4.93-to-1 ratio favored decliners.The S&P 500 posted 34 new 52-week highs and nine new lows; the Nasdaq Composite recorded 69 new highs and 611 new lows.About 11.9 billion shares changed hands in U.S. exchanges, compared with the 10 billion daily average over the last 20 sessions.Goldman profit hit by weaker trading, rising expenses; shares tumble.","news_type":1},"isVote":1,"tweetType":1,"viewCount":851,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9924707259,"gmtCreate":1672325233371,"gmtModify":1676538672582,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"Shshshsh","listText":"Shshshsh","text":"Shshshsh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9924707259","isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9924878399,"gmtCreate":1672234538311,"gmtModify":1676538656996,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"Rkrkrk","listText":"Rkrkrk","text":"Rkrkrk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9924878399","isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925154581,"gmtCreate":1671970170743,"gmtModify":1676538616228,"author":{"id":"4095087918390760","authorId":"4095087918390760","name":"kyoko","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4095087918390760","authorIdStr":"4095087918390760"},"themes":[],"htmlText":"I j j j","listText":"I j j j","text":"I j j j","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925154581","isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}