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suthanb4u

suthanb4u

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07-10

I have don't this so many times..... Keep the loosing stock despite it lost more than 50%. As soon as it reached breakeven, sold it for megre gain only to see the stock soar greater after I sold it... Did this with TSLL, ZIM, DDOG, ZS, GOOG, cRM, SE and many more. One of the main reason my portfolio never grows... Pathetic, but trying to improve the game... !!!

02-21

$JD-SW(09618)$ My portfolio got wrecked due to JD and NIO. One of the worst period and I dont belive them anymore after 2 failed breakouts !

2023-12-15

Another person who is short $NIO. Such a fearmongers. Wait till you guys get wrecked. !

Avoid NIO Stock: The Struggling EV Maker Is Grasping at Straws

2023-12-13

It will shoot to moon in 3Q2024. Till then it will be range bound to max $100.

Alibaba: Gets Even Cheaper

2023-12-11

Nothing seems to work for BABA and JD. My portfolio is destroyed by these two giants. !!!!

Alibaba: At $72 Per Share Makes No Sense

2023-12-08

Let's gooooool.....!

Alibaba Stock Is Too Cheap To Stay Away (Rating Upgrade)

2023-08-17

Let's moon JD..... Its now or never...I'm drowning with you. !

Gucci and JD.com Announce Digital Partnership and Launch of Official Gucci Flagship Store

2023-08-03

$NIO Inc.(NIO)$ Nio poised to clearly outpace other EV makers in 2H 2023. My bet will be on NIO to make it high this year. !!! NIO price movement on what was a tough day for Chinese ADR's say it all... Let's go NIO.

2023-08-03

Sofi, PYPL and HOOD are poised to be the clear winners on this fintech earnings. Though the price movement for PYPL and HOOD are in the negative territory, I expect them to retrace back the losses swiftly in coming days. $Robinhood(HOOD)$ $SoFi Technologies Inc.(SOFI)$ $PayPal(PYPL)$

2023-08-02

At least give me a 5% pop ..... !!

Sorry, the original content has been removed

2023-07-28

Sensible purchase, all other banks are heavily shorting SOFI to limit their growth. Let's see where does this bring us.!!

Downgrade Aside, Cathie Wood Buys $1.2M Worth Of SoFi Shares

2023-07-26

Hmm.. Are you short?

Sorry, the original content has been removed

2023-07-25

Yes, just keep watching and recommend to buy once it hit $30.!

Keep NIO Stock on Your "Watch List" But Don’t Buy Yet

2023-07-11

Where are you guys coming from? How can seeking alpha publish such fear mongering rubbish?

CPI Preview: Disinflation Is Finished - Inflation To Start Rising Again

2023-07-01

Let's go NIO..... Fly....!

Sorry, the original content has been removed

2023-06-30

It's time to rocket up.... SOFI, let's do it and burn the short sellers like NVDA and TSLA did...!!!

SOFI Stock Short Interest Hits New High Ahead of SCOTUS Decision

2023-06-09

Good.. Will it rip up today?

TSMC Reports Revenue for May Approximately NT$176.54B, a Decrease of 4.9% YoY

2023-06-08

What are you guys are smoking? Absolute crap!

Meta Platforms: Do Not Sell Now Ahead Of Explosive Upside

2023-06-01

Cut the production more and let it the price pump...

OPEC Excludes Bloomberg, Reuters and WSJ Reporters From Meeting

2023-05-01

Bring it on... We are going to moon..!!

Apple and Uber Earnings, a Fed Decision, April Jobs Data, and More to Watch This Week

Go to Tiger App to see more news

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have don't this so many times..... Keep the loosing stock despite it lost more than 50%. As soon as it reached breakeven, sold it for megre gain only to see the stock soar greater after I sold it... Did this with TSLL, ZIM, DDOG, ZS, GOOG, cRM, SE and many more. One of the main reason my portfolio never grows... Pathetic, but trying to improve the game... !!!","listText":"I have don't this so many times..... Keep the loosing stock despite it lost more than 50%. As soon as it reached breakeven, sold it for megre gain only to see the stock soar greater after I sold it... Did this with TSLL, ZIM, DDOG, ZS, GOOG, cRM, SE and many more. One of the main reason my portfolio never grows... Pathetic, but trying to improve the game... !!!","text":"I have don't this so many times..... Keep the loosing stock despite it lost more than 50%. As soon as it reached breakeven, sold it for megre gain only to see the stock soar greater after I sold it... Did this with TSLL, ZIM, DDOG, ZS, GOOG, cRM, SE and many more. One of the main reason my portfolio never grows... Pathetic, but trying to improve the game... !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":4,"link":"https://ttm.financial/post/325797513527440","isVote":1,"tweetType":1,"viewCount":2041,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":276282783432864,"gmtCreate":1708482146115,"gmtModify":1708482148906,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09618\">$JD-SW(09618)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp; My portfolio got&nbsp;wrecked due to JD and NIO. One of the worst period and I dont belive them anymore after 2 failed breakouts !","listText":"<a href=\"https://ttm.financial/S/09618\">$JD-SW(09618)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp; My portfolio got&nbsp;wrecked due to JD and NIO. One of the worst period and I dont belive them anymore after 2 failed breakouts !","text":"$JD-SW(09618)$ My portfolio got wrecked due to JD and NIO. One of the worst period and I dont belive them anymore after 2 failed breakouts !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/276282783432864","isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":252473343955104,"gmtCreate":1702649880893,"gmtModify":1702649885400,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"Another person who is short $NIO. Such a fearmongers. Wait till you guys get wrecked. !","listText":"Another person who is short $NIO. Such a fearmongers. Wait till you guys get wrecked. !","text":"Another person who is short $NIO. Such a fearmongers. Wait till you guys get wrecked. !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/252473343955104","repostId":"2391671306","repostType":2,"repost":{"id":"2391671306","pubTimestamp":1702646792,"share":"https://ttm.financial/m/news/2391671306?lang=&edition=fundamental","pubTime":"2023-12-15 21:26","market":"us","language":"en","title":"Avoid NIO Stock: The Struggling EV Maker Is Grasping at Straws","url":"https://stock-news.laohu8.com/highlight/detail?id=2391671306","media":"InvestorPlace","summary":"It's understandable why the company is pulling out all the stops, but don't count on these efforts saving the day for NIO stock.","content":"<html><head></head><body><ul style=\"\"><li><p>As unprofitability persists, and its shares keep sliding, <strong>Nio</strong> (<strong>NIO</strong>) is pulling out all the stops to reverse these disheartening trends.</p></li><li><p>Making efforts may not be enough to save the day for struggling EV makers.</p></li><li><p>Investor patience is wearing thin, best to avoid NIO stock.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d5b942712d1a526d427723721ee12f0\" tg-width=\"768\" tg-height=\"432\"/></p><p>Source: Piotr Swat / Shutterstock.com</p><p>The management at China-based EV maker <strong>Nio</strong> (NYSE:<strong>NIO</strong>) faces a twofold challenge. First, persistent unprofitability and sales growth challenges needs to be solved. Second, and related to the first challenge, Nio’s management needs to win back the market’s past high enthusiasm for NIO stock.</p><p>Shares have experienced more modest price declines this year compared to 2022. However, much like with profitability and growth, investor sentiment is trending in the wrong direction. This needs to be corrected, and fast.</p><p>Taking this into account, it’s not a mystery as to why the company seems to be pulling all the stops lately to fast-track a turnaround (more below). Yet while Nio’s top brass may be giving 110% to fix the issues hurting both the company and the stock, should you count on a big payoff for these efforts?</p><p>Not so fast, as I’ll explain below.</p><h2 id=\"id_2477021023\">NIO Stock, its Big Problems, and its Planned Big Solutions</h2><p>In its latest monthly deliveries report, Nio talked up a big game, touting 12.6% year-over-year deliveries growth for November, as well as stating that year-to-date sales were up 33.1% compared to January-November 2022. At first glance, these numbers seem reliable.</p><p>However, as <em>MarketWatch</em> reported that same day, these figures represented an underperformance compared to the company’s main China-based peers. The same “sounds good only on the surface” dynamic can also be said to apply with Nio’s latest quarterly results, which came out on Dec. 5.</p><p>Although results came in ahead of expectations, and NIO stock briefly surged following the release, the market quickly wised up. Adjusted net losses for the quarter ($542 million) were less than expected, but only slightly (forecasts called for adjusted net losses of $600 million).</p><p>Vehicle margins for Q3 2023 (11%) were much better than margins reported in Q2 (6.2%). They were still down on a year-over-year basis.</p><p>In short, the big same problems that have kept knocking NIO lower (underwhelming growth, heavy losses) have not gone away. Again, the company has big solutions in the works, yet these hardly guarantee a massive comeback lies ahead.</p><h2 id=\"id_3019235619\">Why Layoffs and a Spinoff May Not Save the Day</h2><p>Alongside the release of the latest deliveries and financial data, there’s been quite a bit of news lately with NIO stock regarding the company’s turnaround plans. First, after announcing last month plans to lay off 10% of its workforce, there are rumors that Nio is considering another round of layoffs.</p><p>Second, as <em>Reuters</em> reported in a Dec. 6 exclusive, the company may be pursuing another actions in its efforts to become profitable: spin off its battery segment. Nio refused to address the spin-off rumors, but this plan, along with past and potential layoffs, may reduce cash burn. Or will it?</p><p>Although cost cutting may enable Nio to report “less bad” results in subsequent quarters, don’t assume that these cuts mean a quick trip to profitability. Nio has previously noted that its cost reduction efforts could save it around 2 billion yuan next year. That’s around $280.4 million.</p><p>While nothing to sneeze at, such cost savings are well below the aforementioned big losses from last quarter alone. If that’s not bad enough, these aggressive cost-cutting measures may also worsen its competitive disadvantage.</p><h2 id=\"id_641445388\">The Verdict: Investor Patience Wears Thin</h2><p>Failing to plan is planning to fail, the saying goes, but just because Nio has formulated a turnaround plan doesn’t mean success will be a cinch. High competition in the Chinese EV space could continue to make it difficult for Nio to re-accelerate growth, as I have argued previously.</p><p>In fact, Nio’s possible pivot from free-spending to penny-pinching could make matters worse. While perhaps intending to cut the fat out of its operating expenses, it may be cutting bone and vital organs instead. Larger, better capitalized rivals could gain a greater edge.</p><p>At the same time Nio’s turnaround appears very questionable, the patience of investors keeps wearing thin. Sentiment for EV stocks across the board keeps turning bearish, as headwinds for the industry intensify globally.</p><p>With this, the verdict remains clear: continue to avoid NIO stock.</p><p>NIO stock earns a D rating in <em>Portfolio Grader</em>.</p></body></html>","source":"investorplace_stock_picks","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>Avoid NIO Stock: The Struggling EV Maker Is Grasping at Straws</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAvoid NIO Stock: The Struggling EV Maker Is Grasping at Straws\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-15 21:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/market360/2023/12/avoid-nio-stock-the-struggling-ev-maker-is-grasping-at-straws/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As unprofitability persists, and its shares keep sliding, Nio (NIO) is pulling out all the stops to reverse these disheartening trends.Making efforts may not be enough to save the day for struggling ...</p>\n\n<a href=\"https://investorplace.com/market360/2023/12/avoid-nio-stock-the-struggling-ev-maker-is-grasping-at-straws/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4531":"中概回港概念","BK4532":"文艺复兴科技持仓","NIO.SI":"蔚来","NIO":"蔚来","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","BK4588":"碎股","BK4548":"巴美列捷福持仓","BK4504":"桥水持仓","09866":"蔚来-SW","BK4099":"汽车制造商","BK4574":"无人驾驶","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","BK4526":"热门中概股","BK4509":"腾讯概念","LU0052750758.USD":"富兰克林中国基金A Acc","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK4555":"新能源车","BK4534":"瑞士信贷持仓"},"source_url":"https://investorplace.com/market360/2023/12/avoid-nio-stock-the-struggling-ev-maker-is-grasping-at-straws/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2391671306","content_text":"As unprofitability persists, and its shares keep sliding, Nio (NIO) is pulling out all the stops to reverse these disheartening trends.Making efforts may not be enough to save the day for struggling EV makers.Investor patience is wearing thin, best to avoid NIO stock.Source: Piotr Swat / Shutterstock.comThe management at China-based EV maker Nio (NYSE:NIO) faces a twofold challenge. First, persistent unprofitability and sales growth challenges needs to be solved. Second, and related to the first challenge, Nio’s management needs to win back the market’s past high enthusiasm for NIO stock.Shares have experienced more modest price declines this year compared to 2022. However, much like with profitability and growth, investor sentiment is trending in the wrong direction. This needs to be corrected, and fast.Taking this into account, it’s not a mystery as to why the company seems to be pulling all the stops lately to fast-track a turnaround (more below). Yet while Nio’s top brass may be giving 110% to fix the issues hurting both the company and the stock, should you count on a big payoff for these efforts?Not so fast, as I’ll explain below.NIO Stock, its Big Problems, and its Planned Big SolutionsIn its latest monthly deliveries report, Nio talked up a big game, touting 12.6% year-over-year deliveries growth for November, as well as stating that year-to-date sales were up 33.1% compared to January-November 2022. At first glance, these numbers seem reliable.However, as MarketWatch reported that same day, these figures represented an underperformance compared to the company’s main China-based peers. The same “sounds good only on the surface” dynamic can also be said to apply with Nio’s latest quarterly results, which came out on Dec. 5.Although results came in ahead of expectations, and NIO stock briefly surged following the release, the market quickly wised up. Adjusted net losses for the quarter ($542 million) were less than expected, but only slightly (forecasts called for adjusted net losses of $600 million).Vehicle margins for Q3 2023 (11%) were much better than margins reported in Q2 (6.2%). They were still down on a year-over-year basis.In short, the big same problems that have kept knocking NIO lower (underwhelming growth, heavy losses) have not gone away. Again, the company has big solutions in the works, yet these hardly guarantee a massive comeback lies ahead.Why Layoffs and a Spinoff May Not Save the DayAlongside the release of the latest deliveries and financial data, there’s been quite a bit of news lately with NIO stock regarding the company’s turnaround plans. First, after announcing last month plans to lay off 10% of its workforce, there are rumors that Nio is considering another round of layoffs.Second, as Reuters reported in a Dec. 6 exclusive, the company may be pursuing another actions in its efforts to become profitable: spin off its battery segment. Nio refused to address the spin-off rumors, but this plan, along with past and potential layoffs, may reduce cash burn. Or will it?Although cost cutting may enable Nio to report “less bad” results in subsequent quarters, don’t assume that these cuts mean a quick trip to profitability. Nio has previously noted that its cost reduction efforts could save it around 2 billion yuan next year. That’s around $280.4 million.While nothing to sneeze at, such cost savings are well below the aforementioned big losses from last quarter alone. If that’s not bad enough, these aggressive cost-cutting measures may also worsen its competitive disadvantage.The Verdict: Investor Patience Wears ThinFailing to plan is planning to fail, the saying goes, but just because Nio has formulated a turnaround plan doesn’t mean success will be a cinch. High competition in the Chinese EV space could continue to make it difficult for Nio to re-accelerate growth, as I have argued previously.In fact, Nio’s possible pivot from free-spending to penny-pinching could make matters worse. While perhaps intending to cut the fat out of its operating expenses, it may be cutting bone and vital organs instead. Larger, better capitalized rivals could gain a greater edge.At the same time Nio’s turnaround appears very questionable, the patience of investors keeps wearing thin. Sentiment for EV stocks across the board keeps turning bearish, as headwinds for the industry intensify globally.With this, the verdict remains clear: continue to avoid NIO stock.NIO stock earns a D rating in Portfolio Grader.","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":251529976291616,"gmtCreate":1702445916337,"gmtModify":1702445920752,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"It will shoot to moon in 3Q2024. Till then it will be range bound to max $100.","listText":"It will shoot to moon in 3Q2024. Till then it will be range bound to max $100.","text":"It will shoot to moon in 3Q2024. Till then it will be range bound to max $100.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/251529976291616","repostId":"2390328462","repostType":2,"repost":{"id":"2390328462","pubTimestamp":1702444980,"share":"https://ttm.financial/m/news/2390328462?lang=&edition=fundamental","pubTime":"2023-12-13 13:23","market":"hk","language":"en","title":"Alibaba: Gets Even Cheaper","url":"https://stock-news.laohu8.com/highlight/detail?id=2390328462","media":"Seeking Alpha","summary":"Alibaba's e-commerce growth rate is expected to accelerate over the next five years, driven by improved consumer sentiment and successful initiatives.The adoption of a new organizational structure is ","content":"<html><head></head><body><ul style=\"\"><li><p>Alibaba&#39;s e-commerce growth rate is expected to accelerate over the next five years, driven by improved consumer sentiment and successful initiatives.</p></li><li><p>The adoption of a new organizational structure is anticipated to enhance revenue growth and shareholder value.</p></li><li><p>Despite challenges, Alibaba Cloud remains resilient and is focused on AI and technology leadership for continued growth.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05c301bd9ad9b4dcaa33bb7d6bf6f4fc\" alt=\"David Ramos\" title=\"David Ramos\" tg-width=\"750\" tg-height=\"500\"/><span>David Ramos</span></p><p>In my recent article titled Alibaba: New Structure To Increase Shareholder Value, I explored the transformative changes within Alibaba Group Holdings Limited (NYSE:BABA) and their potential impact on shareholder value. In the last article, I concluded:</p><p>E-Commerce Growth Rate Acceleration: Despite facing challenges such as Covid-19 lockdowns, macro headwinds, competition, and increased regulation, Alibaba has maintained its position as a leading player in the Chinese retail e-commerce industry. Recent double-digit revenue growth in the Taobao and Tmall group is expected to be sustained over the next five years. Factors contributing to this growth include improved consumer sentiment, enhanced user behavior on Taobao and Tmall, and the success of value-for-money initiatives like Taobao deals. The company&#39;s adaptability was evident in Q2 2023, where revenue dramatically accelerated by 12%, showcasing its resilience and ability to navigate a competitive landscape.</p><p>New Structure: Alibaba&#39;s adoption of the &#34;1+6+N&#34; organizational structure is anticipated to accelerate revenue growth and enhance capital returns. The newfound flexibility granted to individual business leaders enables faster decision-making and strategic autonomy. This, coupled with the ability to raise capital independently, is expected to fuel growth. The improved incentives, including IPOs and external capital raises for each business, align with shareholder interests and foster a focus on increasing the market value of the business. The creation of a Capital Management Committee signals an ongoing commitment to consistent share buybacks, presenting a positive outlook for capital returns.</p><p>Cloud: Despite a temporary slowdown in growth rate, Alibaba Cloud has demonstrated resilience and maintained an average annual sales growth of 58% since 2014. The shift towards digitization in the Chinese economy presents a substantial growth opportunity for the cloud segment. Competitive advantages, including a comprehensive product offering and cost advantages from proprietary technologies, position Alibaba Cloud favorably. The company&#39;s focus on forming a full-stack product and technology leadership, especially in artificial intelligence, sets it apart from competitors. The recent leadership changes in the cloud unit, with Eddie Wu taking charge, signal a strategic shift towards AI and continued growth.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1e4cfb00ff332146bfe575eb150ca934\" alt=\"Alibaba historical valuation (Seeking Alpha)\" title=\"Alibaba historical valuation (Seeking Alpha)\" tg-width=\"640\" tg-height=\"211\"/><span>Alibaba historical valuation (Seeking Alpha)</span></p><p>Alibaba is trading at its cheapest valuation, which I believe presents an attractive investment opportunity. The anticipated acceleration in e-commerce growth driven by a recovery of the Chinese economy, the implementation of a new corporate structure, and growth drivers including; Cainiao, AIDC and Alibaba Cloud contribute to the positive outlook. While risks, including competition and leadership changes, are acknowledged, the valuation provides a compelling risk/reward ratio for the company.</p><h2 id=\"id_3824073607\">Q3 update</h2><p>Alibaba Group delivered a strong performance in Q3 2023, reporting a revenue of RMB 224,790 million (US$30,810 million), marking a 9% YoY increase. Earnings per share (EPS) saw positive trends, with diluted earnings per ADS at RMB 10.77 (US$1.48), and non-GAAP diluted earnings per ADS increasing by 21% YoY to RMB 15.63 (US$2.14). Additionally, free cash flow surged by 27% YoY to RMB 45,220 million (US$6,198 million), highlighting Alibaba&#39;s financial resilience and operational efficiency. These results signify Alibaba&#39;s continued strength in the global market.</p><h2 id=\"id_3231516844\">Cloud Troubles</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef42c798cd738c2ea37f2bbf5c685777\" alt=\"Alibaba cloud quarterly revenue growth (Stratosphere.io)\" title=\"Alibaba cloud quarterly revenue growth (Stratosphere.io)\" tg-width=\"640\" tg-height=\"255\"/><span>Alibaba cloud quarterly revenue growth (Stratosphere.io)</span></p><p>The biggest negative in the quarter came from Alibaba Cloud. Alibaba Cloud&#39;s financial development reveals a mixed picture, characterised by slow revenue growth despite significant growth potential in the cloud computing industry. In Q3 2023, Alibaba Cloud&#39;s revenue was RMB27,648 million (US$3,789 million), a 2% increase compared to RMB27,035 million in the same quarter of 2022. Year-over-year revenue growth was mainly driven by Alibaba-consolidated businesses, while revenue excluding Alibaba-consolidated businesses slightly decreased year-over-year. This decrease was primarily due to the company&#39;s continued effort to improve revenue quality by reducing the revenue from project-based contracts with low margins. However, this decrease was mostly offset by the increase in revenue from public cloud products and services.</p><p>Despite the slow revenue growth, it&#39;s important to note that Alibaba Cloud has undertaken strategic initiatives to make computing more accessible and affordable. In Q1 2023, the company announced a new instance family providing stability and up to 40% cost savings, coupled with reductions in prices for core utility products by up to 50%. These moves are aimed at increasing public cloud adoption in China and leveraging AI technology for enterprises, indicating a forward-looking approach to market penetration. These actions have likely created a short-term headwind to revenue growth until Q1 2024 when the actions will be lapped.</p><p>Notably, the company highlights a strong demand for model training and AI services on cloud infrastructure, driven by the global surge of interest in artificial intelligence. Alibaba Cloud acknowledges near-term supply chain constraints but remains optimistic about the growth opportunities presented by AI services, considering it the beginning of a new era. The company emphasizes continued investments in forming a full-stack product and technology leadership across Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Model as a Service (MaaS) layers, differentiating itself from competitors in China.</p><p>The company recently showcased the upgraded version (2.0) of Alibaba&#39;s large language model, Tongyi Qianwen, with enhanced capabilities in understanding complex instructions, reasoning, memorization, and reducing hallucination. Eight vertical models tailored for specific industries, including finance and gaming, were introduced, along with functionalities like code generation and customer support.</p><p>Alibaba Cloud has fostered one of China&#39;s largest open-source AI developer communities, ModelScope, attracting over 2.8 million developers and accumulating 100 million model downloads. The company plans to contribute open-source versions of Tongyi Qianwen models to ModelScope, emphasizing collaborative AI development.</p><p>In terms of financial performance, Alibaba Cloud&#39;s adjusted EBITA experienced a robust year-over-year growth of 44%, reaching RMB1,409 million (US$193 million) in Q3 2023, compared to RMB981 million in the same quarter of 2022. This growth was attributed to improving product mix and operating efficiency. However, it&#39;s crucial to recognize that while income continues to grow faster than revenue, signaling operational efficiency and success in shifting its focus to more profitable contracts, this may not be sustainable in the long term. Alibaba Cloud acknowledges the need to achieve economies of scale for long-term operating benefits and profitability.</p><p>The departure of Cloud Head Daniel Zhang and the cancellation of the highly-anticipated IPO in Q3 raise questions about the strategic direction and challenges faced by Alibaba Cloud. The decision not to proceed with a full spin-off indicates a focus on developing a sustainable growth model for Cloud Intelligence Group amid uncertainties created by expanded U.S. export control rules on advanced computing chips. The overhaul of Alibaba Cloud&#39;s leadership, bringing in veterans to new positions, underscores the company&#39;s determination to tap into the booming artificial intelligence market.</p><p>In conclusion, while Alibaba Cloud faces challenges such as slow revenue growth and uncertainties in the regulatory landscape, the company remains proactive in addressing market dynamics, investing in technological leadership, and optimizing its operations. The implications of the CEO leaving and the canceled IPO suggest a period of strategic reassessment and potential restructuring as Alibaba Cloud navigates the evolving cloud computing landscape in China, despite this, Alibaba has maintained its strong market share suggesting the industry is dealing with slower growth, suggesting the problems are not solely with Alibaba.</p><h2 id=\"id_671541782\">Improved shareholder returns</h2><p>In March 2023, Alibaba Group announced a significant shift in its capital allocation strategy, adopting a &#34;1+6+N&#34; governance structure. This new structure aimed to enhance operational autonomy for individual business segments, improve shareholder returns, and promote the inception of innovative new businesses.</p><p>Under the new structure, Alibaba Group is now the holding company, overseeing six primary business segments: Cloud Intelligence, Taobao and Tmall, Local Services, Alibaba International Digital Commerce Group (AIDC), Cainiao Smart Logistics Network, and Digital Media and Entertainment. Each of these business segments has the flexibility to raise external capital and pursue its own initial public offering (IPO), except for Taobao Tmall Business Group, which remains wholly owned by Alibaba.</p><p>Alibaba&#39;s capital allocation philosophy is based on three key principles:</p><p><strong>1. Invest in technology &amp; innovation for growth.</strong> Alibaba will continue to invest heavily in research and development in order to maintain its competitive edge in the cloud computing and e-commerce industries.</p><p><strong>2. Reduce total shares outstanding to achieve accretive EPS.</strong> Alibaba will repurchase shares and pursue share buyback programs in order to reduce the number of shares outstanding and increase earnings per share (EPS).</p><p><strong>3. Reward long-term shareholders via an annual dividend.</strong> Alibaba will pay out a regular dividend to its shareholders in order to reward them for their investments in the company.</p><p>In Q3 2023, Alibaba took a number of actions to implement its new capital allocation strategy. These actions included:</p><p>First, Providing funding to AIDC Group for its expansion plans. Alibaba provided AIDC Group with US$1.7 billion in funding to support its expansion plans. This funding will help AIDC Group to grow its business and reach new markets.</p><p>Secondly, Repurchasing shares. Alibaba repurchased approximately 18.6 million ADSs (the equivalent of 148.4 million ordinary shares) for approximately US$1.7 billion under its share repurchase program. This repurchase of shares reduced the number of shares outstanding by 138.9 million ordinary shares (the equivalent of approximately 17.4 million ADSs) from last quarter.</p><p>Third, Announcing an annual cash dividend for fiscal year 2023. Alibaba&#39;s board of directors has approved an annual cash dividend for fiscal year 2023 in the amount of US$0.125 per ordinary share or US$1.00 per ADS. This dividend will be paid to holders of ordinary shares and holders of ADSs as of the close of business on December 21, 2023. Although I&#39;d rather see an increase in the buyback, I still consider a dividend the second best use of capital. I believe the dividend will also help alleviate some fears of shareholder ownership through VIE structure.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ac9ee4e5769c3ae2ccd423baa014b668\" alt=\"Alibaba annual ROCE (Stratosphere.io)\" title=\"Alibaba annual ROCE (Stratosphere.io)\" tg-width=\"640\" tg-height=\"254\"/><span>Alibaba annual ROCE (Stratosphere.io)</span></p><p>The new capital allocation strategy appears to be having a positive impact on Alibaba&#39;s return on capital employed (ROCE). ROCE is a measure of how efficiently a company generates profits from its assets. In Q3 2023, Alibaba&#39;s ROCE was 9.5%, up from 6.7% in Q1 2021. This increase in ROCE is due to a number of factors, including the company&#39;s strong revenue growth, its focus on efficiency, and its improved working capital management.</p><h2 id=\"id_1282210633\">Conclusion</h2><p>In conclusion, the investment landscape for Alibaba presents a compelling bullish case despite the increasing competition in the Chinese e-commerce sector from PDD Holdings (PDD) and live-streaming companies, such as ByteDance. The resilience of this segment, outperforming key rival JD.com, underscores the enduring strength of Alibaba&#39;s market position.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58adc666f0fbe7440420736c37d91758\" alt=\"Quarterly revenue growth - BABA, JD, PDD (Stratosphere.io)\" title=\"Quarterly revenue growth - BABA, JD, PDD (Stratosphere.io)\" tg-width=\"640\" tg-height=\"263\"/><span>Quarterly revenue growth - BABA, JD, PDD (Stratosphere.io)</span></p><p>While the cloud segment has faced challenges with slow growth and high management turnover, the recent appointment of veteran leaders instills confidence that Alibaba is poised to capitalize on the substantial growth opportunity in this space.</p><p>Notably, Alibaba&#39;s bets on Cainiao, international commerce, and various smaller ventures are paying off, contributing to robust revenue growth. The company&#39;s commitment to efficiency, enhanced shareholder returns, and a focus on innovation further positions Alibaba for long-term success.</p><p>despite strong fundamental performance, Alibaba&#39;s stock is currently at the lowest valuation in its history, presenting an opportune entry point for investors. This valuation, coupled with the company&#39;s solid fundamentals and strategic initiatives, sets the stage for potential outsized returns in the future.</p><p>In light of these factors, Alibaba emerges as an attractive investment choice, well-positioned to navigate challenges, capitalize on growth opportunities, and ultimately reward investors with sustained long-term value.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Gets Even Cheaper</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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In the last article, I concluded:E-Commerce Growth Rate Acceleration: Despite facing challenges such as Covid-19 lockdowns, macro headwinds, competition, and increased regulation, Alibaba has maintained its position as a leading player in the Chinese retail e-commerce industry. Recent double-digit revenue growth in the Taobao and Tmall group is expected to be sustained over the next five years. Factors contributing to this growth include improved consumer sentiment, enhanced user behavior on Taobao and Tmall, and the success of value-for-money initiatives like Taobao deals. The company's adaptability was evident in Q2 2023, where revenue dramatically accelerated by 12%, showcasing its resilience and ability to navigate a competitive landscape.New Structure: Alibaba's adoption of the \"1+6+N\" organizational structure is anticipated to accelerate revenue growth and enhance capital returns. The newfound flexibility granted to individual business leaders enables faster decision-making and strategic autonomy. This, coupled with the ability to raise capital independently, is expected to fuel growth. The improved incentives, including IPOs and external capital raises for each business, align with shareholder interests and foster a focus on increasing the market value of the business. The creation of a Capital Management Committee signals an ongoing commitment to consistent share buybacks, presenting a positive outlook for capital returns.Cloud: Despite a temporary slowdown in growth rate, Alibaba Cloud has demonstrated resilience and maintained an average annual sales growth of 58% since 2014. The shift towards digitization in the Chinese economy presents a substantial growth opportunity for the cloud segment. Competitive advantages, including a comprehensive product offering and cost advantages from proprietary technologies, position Alibaba Cloud favorably. The company's focus on forming a full-stack product and technology leadership, especially in artificial intelligence, sets it apart from competitors. The recent leadership changes in the cloud unit, with Eddie Wu taking charge, signal a strategic shift towards AI and continued growth.Alibaba historical valuation (Seeking Alpha)Alibaba is trading at its cheapest valuation, which I believe presents an attractive investment opportunity. The anticipated acceleration in e-commerce growth driven by a recovery of the Chinese economy, the implementation of a new corporate structure, and growth drivers including; Cainiao, AIDC and Alibaba Cloud contribute to the positive outlook. While risks, including competition and leadership changes, are acknowledged, the valuation provides a compelling risk/reward ratio for the company.Q3 updateAlibaba Group delivered a strong performance in Q3 2023, reporting a revenue of RMB 224,790 million (US$30,810 million), marking a 9% YoY increase. Earnings per share (EPS) saw positive trends, with diluted earnings per ADS at RMB 10.77 (US$1.48), and non-GAAP diluted earnings per ADS increasing by 21% YoY to RMB 15.63 (US$2.14). Additionally, free cash flow surged by 27% YoY to RMB 45,220 million (US$6,198 million), highlighting Alibaba's financial resilience and operational efficiency. These results signify Alibaba's continued strength in the global market.Cloud TroublesAlibaba cloud quarterly revenue growth (Stratosphere.io)The biggest negative in the quarter came from Alibaba Cloud. Alibaba Cloud's financial development reveals a mixed picture, characterised by slow revenue growth despite significant growth potential in the cloud computing industry. In Q3 2023, Alibaba Cloud's revenue was RMB27,648 million (US$3,789 million), a 2% increase compared to RMB27,035 million in the same quarter of 2022. Year-over-year revenue growth was mainly driven by Alibaba-consolidated businesses, while revenue excluding Alibaba-consolidated businesses slightly decreased year-over-year. This decrease was primarily due to the company's continued effort to improve revenue quality by reducing the revenue from project-based contracts with low margins. However, this decrease was mostly offset by the increase in revenue from public cloud products and services.Despite the slow revenue growth, it's important to note that Alibaba Cloud has undertaken strategic initiatives to make computing more accessible and affordable. In Q1 2023, the company announced a new instance family providing stability and up to 40% cost savings, coupled with reductions in prices for core utility products by up to 50%. These moves are aimed at increasing public cloud adoption in China and leveraging AI technology for enterprises, indicating a forward-looking approach to market penetration. These actions have likely created a short-term headwind to revenue growth until Q1 2024 when the actions will be lapped.Notably, the company highlights a strong demand for model training and AI services on cloud infrastructure, driven by the global surge of interest in artificial intelligence. Alibaba Cloud acknowledges near-term supply chain constraints but remains optimistic about the growth opportunities presented by AI services, considering it the beginning of a new era. The company emphasizes continued investments in forming a full-stack product and technology leadership across Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Model as a Service (MaaS) layers, differentiating itself from competitors in China.The company recently showcased the upgraded version (2.0) of Alibaba's large language model, Tongyi Qianwen, with enhanced capabilities in understanding complex instructions, reasoning, memorization, and reducing hallucination. Eight vertical models tailored for specific industries, including finance and gaming, were introduced, along with functionalities like code generation and customer support.Alibaba Cloud has fostered one of China's largest open-source AI developer communities, ModelScope, attracting over 2.8 million developers and accumulating 100 million model downloads. The company plans to contribute open-source versions of Tongyi Qianwen models to ModelScope, emphasizing collaborative AI development.In terms of financial performance, Alibaba Cloud's adjusted EBITA experienced a robust year-over-year growth of 44%, reaching RMB1,409 million (US$193 million) in Q3 2023, compared to RMB981 million in the same quarter of 2022. This growth was attributed to improving product mix and operating efficiency. However, it's crucial to recognize that while income continues to grow faster than revenue, signaling operational efficiency and success in shifting its focus to more profitable contracts, this may not be sustainable in the long term. Alibaba Cloud acknowledges the need to achieve economies of scale for long-term operating benefits and profitability.The departure of Cloud Head Daniel Zhang and the cancellation of the highly-anticipated IPO in Q3 raise questions about the strategic direction and challenges faced by Alibaba Cloud. The decision not to proceed with a full spin-off indicates a focus on developing a sustainable growth model for Cloud Intelligence Group amid uncertainties created by expanded U.S. export control rules on advanced computing chips. The overhaul of Alibaba Cloud's leadership, bringing in veterans to new positions, underscores the company's determination to tap into the booming artificial intelligence market.In conclusion, while Alibaba Cloud faces challenges such as slow revenue growth and uncertainties in the regulatory landscape, the company remains proactive in addressing market dynamics, investing in technological leadership, and optimizing its operations. The implications of the CEO leaving and the canceled IPO suggest a period of strategic reassessment and potential restructuring as Alibaba Cloud navigates the evolving cloud computing landscape in China, despite this, Alibaba has maintained its strong market share suggesting the industry is dealing with slower growth, suggesting the problems are not solely with Alibaba.Improved shareholder returnsIn March 2023, Alibaba Group announced a significant shift in its capital allocation strategy, adopting a \"1+6+N\" governance structure. This new structure aimed to enhance operational autonomy for individual business segments, improve shareholder returns, and promote the inception of innovative new businesses.Under the new structure, Alibaba Group is now the holding company, overseeing six primary business segments: Cloud Intelligence, Taobao and Tmall, Local Services, Alibaba International Digital Commerce Group (AIDC), Cainiao Smart Logistics Network, and Digital Media and Entertainment. Each of these business segments has the flexibility to raise external capital and pursue its own initial public offering (IPO), except for Taobao Tmall Business Group, which remains wholly owned by Alibaba.Alibaba's capital allocation philosophy is based on three key principles:1. Invest in technology & innovation for growth. Alibaba will continue to invest heavily in research and development in order to maintain its competitive edge in the cloud computing and e-commerce industries.2. Reduce total shares outstanding to achieve accretive EPS. Alibaba will repurchase shares and pursue share buyback programs in order to reduce the number of shares outstanding and increase earnings per share (EPS).3. Reward long-term shareholders via an annual dividend. Alibaba will pay out a regular dividend to its shareholders in order to reward them for their investments in the company.In Q3 2023, Alibaba took a number of actions to implement its new capital allocation strategy. These actions included:First, Providing funding to AIDC Group for its expansion plans. Alibaba provided AIDC Group with US$1.7 billion in funding to support its expansion plans. This funding will help AIDC Group to grow its business and reach new markets.Secondly, Repurchasing shares. Alibaba repurchased approximately 18.6 million ADSs (the equivalent of 148.4 million ordinary shares) for approximately US$1.7 billion under its share repurchase program. This repurchase of shares reduced the number of shares outstanding by 138.9 million ordinary shares (the equivalent of approximately 17.4 million ADSs) from last quarter.Third, Announcing an annual cash dividend for fiscal year 2023. Alibaba's board of directors has approved an annual cash dividend for fiscal year 2023 in the amount of US$0.125 per ordinary share or US$1.00 per ADS. This dividend will be paid to holders of ordinary shares and holders of ADSs as of the close of business on December 21, 2023. Although I'd rather see an increase in the buyback, I still consider a dividend the second best use of capital. I believe the dividend will also help alleviate some fears of shareholder ownership through VIE structure.Alibaba annual ROCE (Stratosphere.io)The new capital allocation strategy appears to be having a positive impact on Alibaba's return on capital employed (ROCE). ROCE is a measure of how efficiently a company generates profits from its assets. In Q3 2023, Alibaba's ROCE was 9.5%, up from 6.7% in Q1 2021. This increase in ROCE is due to a number of factors, including the company's strong revenue growth, its focus on efficiency, and its improved working capital management.ConclusionIn conclusion, the investment landscape for Alibaba presents a compelling bullish case despite the increasing competition in the Chinese e-commerce sector from PDD Holdings (PDD) and live-streaming companies, such as ByteDance. The resilience of this segment, outperforming key rival JD.com, underscores the enduring strength of Alibaba's market position.Quarterly revenue growth - BABA, JD, PDD (Stratosphere.io)While the cloud segment has faced challenges with slow growth and high management turnover, the recent appointment of veteran leaders instills confidence that Alibaba is poised to capitalize on the substantial growth opportunity in this space.Notably, Alibaba's bets on Cainiao, international commerce, and various smaller ventures are paying off, contributing to robust revenue growth. The company's commitment to efficiency, enhanced shareholder returns, and a focus on innovation further positions Alibaba for long-term success.despite strong fundamental performance, Alibaba's stock is currently at the lowest valuation in its history, presenting an opportune entry point for investors. This valuation, coupled with the company's solid fundamentals and strategic initiatives, sets the stage for potential outsized returns in the future.In light of these factors, Alibaba emerges as an attractive investment choice, well-positioned to navigate challenges, capitalize on growth opportunities, and ultimately reward investors with sustained long-term value.","news_type":1},"isVote":1,"tweetType":1,"viewCount":547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":251001475035416,"gmtCreate":1702287990729,"gmtModify":1702287994748,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"Nothing seems to work for BABA and JD. My portfolio is destroyed by these two giants. !!!!","listText":"Nothing seems to work for BABA and JD. My portfolio is destroyed by these two giants. !!!!","text":"Nothing seems to work for BABA and JD. My portfolio is destroyed by these two giants. !!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/251001475035416","repostId":"2390038948","repostType":4,"repost":{"id":"2390038948","pubTimestamp":1702281600,"share":"https://ttm.financial/m/news/2390038948?lang=&edition=fundamental","pubTime":"2023-12-11 16:00","market":"hk","language":"en","title":"Alibaba: At $72 Per Share Makes No Sense","url":"https://stock-news.laohu8.com/highlight/detail?id=2390038948","media":"Seeking Alpha","summary":"Alibaba's stock price has significantly declined, making it an attractive investment opportunity.The company's fundamentals remain strong, with solid revenue growth and positive free cash flow.The Chinese stock market has already discounted the worst-case scenarios, making Alibaba undervalued and potentially poised for a rebound.   Wang He/Getty Images News Would you ever buy a company with these characteristics?","content":"<html><head></head><body><ul style=\"\"><li><p>Alibaba&#39;s stock price has significantly declined, making it an attractive investment opportunity.</p></li><li><p>The company&#39;s fundamentals remain strong, with solid revenue growth and positive free cash flow.</p></li><li><p>The Chinese stock market has already discounted the worst-case scenarios, making Alibaba undervalued and potentially poised for a rebound.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b4e34484205aece11ef5f5308044f00e\" alt=\"Wang He/Getty Images News\" title=\"Wang He/Getty Images News\" tg-width=\"750\" tg-height=\"522\"/><span>Wang He/Getty Images News</span></p><p>Would you ever buy a company with these characteristics?</p><ul style=\"\"><li><p>5-year free cash flow growth of 11%; free cash flow margin of 19.60%.</p></li><li><p>5-year revenue growth of about 20%.</p></li><li><p>Net debt of -$51.48 billion and market capitalization of only $184 billion.</p></li><li><p>NTM Market Cap / Free Cash Flow of 7.26x; NTM Price / Normalized Earnings (P/E) of 7.61x.</p></li></ul><p>Probably, if this company was headquartered in New York now you would all run to buy it. Unfortunately, it is located on the other side of the world, in Hangzhou, China. It is exactly this aspect that I want to leverage in this article since the issues of this company are not about the business itself but about the country in which it resides. As you might have guessed, I am talking about the much-discussed Alibaba (NYSE:BABA).</p><h2 id=\"id_2600538427\">Context</h2><p>Before assessing the current situation, I think it is useful to give a brief recap of what has happened so far since November 2020, which is when Alibaba&#39;s meltdown began. In these three years, virtually everything has happened.</p><p>At the end of October 2020, there was great optimism around Alibaba and it was steadily trading around $280-$300 per share. At the time, it was pretty much done for the IPO of Ant Group, which is the company that owns the world&#39;s largest mobile payment platform, Alipay. Alibaba owns 33% of the group, so it had every interest in making the biggest IPO of all time go through. However, when everything seemed to be going right, some statements by Jack Ma about the Chinese financial system caught the attention of the Chinese authorities and after a few days, the IPO was cancelled. According to the authorities&#39; statements, the reason was that Ant Group&#39;s structure did not reflect the anti-monopoly rules. After years of turbulence, the worst seems to be behind us, but not without consequences:</p><ul style=\"\"><li><p>Ant Group was fined $985 million, one of the highest fines ever imposed by Chinese regulators.</p></li><li><p>The ownership structure has been completely turned upside down: Jack Ma owned 53.46% of the voting shares, today only 6.20%. Thus, no shareholder, alone or in agreement with other parties, will have control.</p></li></ul><p>Overall, after these three years, Ant Group comes out weakened, and indirectly so does Alibaba. Be that as it may, this was only the first hiccup.</p><p>Following the suspension of the IPO, Chinese regulators fined the country&#39;s major big tech companies for antitrust violations: in 2021 Alibaba was fined $2.80 billion. In addition, a few months later, the company said it would participate in <em>common prosperity</em> initiatives by investing $15.50 billion through 2025. The goal was to benefit from the economic growth of the entire country:</p><blockquote><p><em>Alibaba is a beneficiary of the strong social and economic progress in China over the past 22 years. We firmly believe that if society is doing well and the economy is doing well, then Alibaba will do well.</em></p><p><em>Former Alibaba CEO Daniel Zhang</em></p></blockquote><p>Needless to say, the market saw these investments as yet another fine to pay, and from that point on, the stock began to sink. Although by 2022 the fines were over, the S&amp;P 500 (SP500) in a downward trend was yet another excuse to fuel Alibaba&#39;s collapse. From $319 per share in October 2020 today the stock is trading at about $72 per share: an absolute disaster.</p><p>Coming to this point, after all this news, you may be wondering why Alibaba is a strong buy. The reason is that the current price per share is so low that in my opinion, it has already discounted the most negative scenario ever. Over the past three years, everything was a pretext to sell Alibaba and we have reached a point where it is really hard to make things worse. Making an analogy with the U.S. economy, this is Alibaba&#39;s 2008 and it is much easier to restart from here than to sink further.</p><p>At the moment the major problems with Chinese regulators are behind us, but I don&#39;t doubt that there may be new complications in the future, and that is what worries the market. While I understand investors&#39; concern, I also believe that one should not be overly pessimistic either. I doubt that it is in China&#39;s interest to destroy one of their best companies ever. Tencent (OTCPK:TCEHY) and PDD Holdings (PDD) have also been fined, but they have already made up some of the lost ground.</p><p>My impression is that sentiment is still extremely negative for Alibaba compared to the other Chinese big tech companies, which is why it will have to prove something more to attract investors. Still, it really took very little to go from being one of the best companies in the world to being one of the most avoided: Mr. Market is often too emotional.</p><h2 id=\"id_1220477199\">Analysis of the Chinese economy</h2><p>As already anticipated, since Alibaba&#39;s performance is affected by any news that has to do with China, I think the first thing to analyze is the macroeconomic environment.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea6e9ffd14ac6e328b95d870f99a6636\" alt=\"World Bank\" title=\"World Bank\" tg-width=\"640\" tg-height=\"569\"/><span>World Bank</span></p><p>Since the mid-1960s China&#39;s economic growth has been unrestrained and GDP used to increase in double digits. Since 2010, year-on-year growth has slowed down but remains higher than European and U.S. growth. The Chinese government&#39;s goal is to grow on average between 4.50-5% per year, which has failed in recent years due to a number of issues.</p><ul style=\"\"><li><p>The first was the pandemic. In China, the lockdowns lasted longer and were also much more stringent.</p></li><li><p>The second is that China&#39;s real estate market is facing a tough time, which is extremely relevant since it contributes about 30% of GDP. China&#39;s housing boom seems to have come to an end and is now paying for the excessive borrowing and construction done over the past decades. The population has stopped growing as it did in the past, and demand for new housing has dropped dramatically to the point where it has created ghost towns.</p></li></ul><p>The beginning of the real estate crisis dates back to 2021 when the China Evergrande Group (OTC:EGRNQ), once the second-largest real estate developer in the country, declared bankruptcy. Later, it was the turn of other prominent real estate developers such as Country Garden (OTCPK:CTRYF). In any case, we have been talking about this crisis for at least two years, and in my opinion, the Chinese equity market has already discounted this issue. This is nothing new.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b92b823c28ac1982fb4ffa0940a435a\" alt=\"Federal Reserve Bank of St. Louis\" title=\"Federal Reserve Bank of St. Louis\" tg-width=\"640\" tg-height=\"219\"/><span>Federal Reserve Bank of St. Louis</span></p><p>In fact, it has been since 2021 that the price of Chinese residential property has been plummeting, but as of mid-year, there seems to be a basis for a recovery. Proportionally, the slump in recent years has been greater than during the great financial crisis.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81dcc4209a4bb6b46695f1df06b401db\" alt=\"CEIC Data\" title=\"CEIC Data\" tg-width=\"640\" tg-height=\"367\"/><span>CEIC Data</span></p><p>Moreover, taking a look at the average price of Chinese properties in RMB/sq m, after a violent slump starting in 2021, a new bullish trend has already begun since the beginning of the following year. In short, I believe that overall the worst of the real estate bubble has now already been discounted by the market and China has faced its 2008. We often forget that the Hang Seng (HSI) has collapsed more than 50% from its all-time high: how much further down can it go?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5af84d3249c1ec37ea03166164b3124e\" alt=\"GuruFocus\" title=\"GuruFocus\" tg-width=\"640\" tg-height=\"336\"/><span>GuruFocus</span></p><p>The median of the Hang Seng P/E ratio is 10.20x, today we are at only 7.80x, more than one standard deviation below. In the last 20 years hardly has this index been so depressed.</p><p>So, in addition to the problems with Chinese regulators, Alibaba&#39;s price per share has also been affected by the tightening of the Chinese economic environment, which is why I think it has also discounted a potential recession in China. In general, at current prices, I think the Chinese stock market is much more attractive than the U.S. stock market, and Alibaba is probably one of the companies that will benefit most from China&#39;s economic rebound.</p><p>While the United States is struggling with high interest rates, rising default rates, and banks reluctant to lend money, China is currently in the opposite situation: interest rates are declining and the Chinese government is also poised to increase fiscal spending.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f859051f8593bfa6dbdfaa9c074c823\" alt=\"TRADING ECONOMICS\" title=\"TRADING ECONOMICS\" tg-width=\"640\" tg-height=\"479\"/><span>TRADING ECONOMICS</span></p><p>The Prime Rate Loan has already decreased twice since the beginning of the year and China&#39;s budget deficit ratio will be raised to about 3.80% of GDP following the issuance of CNY 1 trillion sovereign bonds ($137 billion).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ed44ccec7a7b6e21a3158b88a5bc687\" alt=\"YCharts\" title=\"YCharts\" tg-width=\"640\" tg-height=\"259\"/><span>YCharts</span></p><p>Since China is currently fighting deflation, I would not be surprised if rates were reduced further and fiscal spending increased. During the 2008 crisis, the Chinese government made immediate efforts to avoid a financial meltdown, and about two months after the Lehman Brothers bankruptcy it had a stimulus package worth CNY 4 trillion ready.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b25f78185160015652a365cc8250ecd5\" alt=\"International Monetary Fund\" title=\"International Monetary Fund\" tg-width=\"640\" tg-height=\"192\"/><span>International Monetary Fund</span></p><p>Since China remains one of the main economic powers with the lowest debt-GDP ratio, about 77%, I expect that in case of a worse-than-expected real estate crisis, a decision will be made to increase economic stimulus: there is room to do so. Finally, at least for the time being, GDP growth estimates in 2023 and 2024 are sound, 5.20% and 4.10%, respectively.</p><p>In light of all these considerations, I believe that the Chinese stock market has already discounted the worst and as early as next year may begin its comeback. Typically, the market bottom is reached when the following conditions occur:</p><ul style=\"\"><li><p>Pessimism is extreme.</p></li><li><p>There are deflationary pressures.</p></li><li><p>The government begins to stimulate the economy.</p></li><li><p>Interest rates fall.</p></li></ul><p>China currently meets all the conditions; the U.S. does not even have one since it is coming from years of strong expansion. Therefore, I would not be surprised if in 2024 the performance of these two countries is opposite: Hang Seng rising and S&amp;P500 declining.</p><p>Alibaba was among the hardest hit companies in the Hang Seng Index, so I expect it will be one of the companies to benefit the most when the trend reverses. After all, its fundamentals are still solid.</p><h2 id=\"id_832139716\">Alibaba is not dead</h2><p>When a company loses 77% in three years, we expect at the very least that its core business has been disrupted for the worse. Other times collapses of this magnitude raise assumptions of bankruptcy or permanent damage to the company. In the case of Alibaba, the company has simply encountered two years of stagnation after a decade of strong growth. Even the best companies in the world have difficult times to overcome: take a look at Apple between 2012 and 2014.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4211aefeb6a3498338bb03bd09c4da2b\" alt=\"Chart based on Seeking Alpha data\" title=\"Chart based on Seeking Alpha data\" tg-width=\"640\" tg-height=\"288\"/><span>Chart based on Seeking Alpha data</span></p><p>As we can see, until FY2021 growth never had any problems; they started the following year. As already widely discussed, pandemic, fines, and real estate crisis made FY2022 and FY2023 hell, and yet Alibaba came out with its head held high. The company in the last 12 months generated a net income of $18.16 billion, cash from operations of $29.21 billion, and revenues declined minimally. In addition, it should be noted that these figures were impacted by an unfavorable exchange rate effect. Since the Fed is implementing a restrictive monetary policy and China&#39;s central bank an expansionary monetary policy, the CNY/USD exchange rate has changed significantly. In any case, performance over the past 12 months has been significantly better than in FY2022 and FY2023, suggesting that a comeback is underway.</p><p>In particular, the first six months of FY2024 are showing improvement in all business segments.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/45c739f0f03ceec0e5dc4c1c44b3d9c1\" alt=\"Alibaba Group September Quarter 2023 Results\" title=\"Alibaba Group September Quarter 2023 Results\" tg-width=\"640\" tg-height=\"482\"/><span>Alibaba Group September Quarter 2023 Results</span></p><p>Taobao and Tmall generated revenues of RMB 212.60 billion, up 8% from the previous year. This may seem like a slightly disappointing result, but one must consider the macroeconomic environment in which Alibaba is operating. It is not easy to grow during a deflationary period; in fact, even competitor JD (JD) has struggled.</p><p>International commerce had sensational growth, +47% or RMB 14.86 billion more than last year. This growth comes mainly from the retail segment. This is in my opinion a strong result and a proof of the ease with which Alibaba is expanding overseas through AliExpress.</p><p>Local Services, Digital media, and Cainiao all grew more than 20% over H1 FY2023.</p><p>Cloud had only 3% growth and generated revenues of RMB 52.71 billion; Alibaba continues to have the third largest cloud computing platform globally. The market did not take management&#39;s decision to give up the spinoff well, but I personally find it a correct choice. How much capital could Alibaba have gotten from a business segment growing at low-single digits today? For the time being, the focus is to get the Cloud growing again and only then to think about the IPO.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7fc17be9235ca0cf453892450ee58cca\" alt=\"Alibaba Group September Quarter 2023 Results\" title=\"Alibaba Group September Quarter 2023 Results\" tg-width=\"640\" tg-height=\"359\"/><span>Alibaba Group September Quarter 2023 Results</span></p><p>Anyway, in terms of profitability the Cloud has improved: compared to H1 FY2023 EBITA improved by 26%. Cainiao is no longer at a loss and Local Services and Digital Media have significantly reduced losses. Overall, income from operations improved by 52%.</p><p>In light of these results, it is clear that Alibaba is not a dying company contrary to what the price per share would have you believe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/78fa259ec2337c1610a606e589f00301\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"262\"/><span>Seeking Alpha</span></p><p>Street Estimates, despite pessimism toward this company, are in favor of steady growth in the future, albeit not at the same rate as in the past decade. After all, Alibaba today is a behemoth and logically cannot sustain the growth rates of the past.</p><p>Finally, the last aspect I would like to cover in this section is shareholder remuneration.</p><p>Alibaba has also officially become a dividend company since a dividend of $2.50 billion will be issued in 2024. The current dividend yield is very low, only 1.38%, but think of its growth potential. This company can easily generate an annual free cash flow of $30 billion over the next few years, so its growth rate could be substantial. The increase in dividend per share will be fueled by the huge buybacks that management is implementing. In the last quarter, treasury stock worth $1.70 billion was purchased and another $14.60 billion remains on hand.</p><p>Personally, on shareholder compensation, I slightly disagree with management&#39;s choices: that $2.50 billion I would have preferred if it had been used to increase the buyback. In any case, I understand that this choice was made more to attract new investors than anything else. I expect the buyback to be leveraged as much as possible at the current price.</p><h2 id=\"id_1380646998\">Valuation</h2><p>We came to the centerpiece of the article, which is the valuation of Alibaba. I have written hundreds of articles on Seeking Alpha but honestly, I have never found a company so undervalued. At the current price, Alibaba does not make sense and now I will explain why.</p><p>First of all, net debt is -$51.48 billion and free cash flow for the past 12 months was $24.51 billion (and Alibaba has not yet fully recovered). Subtracting net debt from the current market capitalization of $184 billion, in five and a half years free cash flow (assuming 0% growth) manages to cover the entire capitalization. For comparison, it is as if Apple (AAPL) were trading at $35 per share.</p><p>By creating a discounted cash flow model this undervaluation is even more evident. This model takes into account the following assumptions:</p><ul style=\"\"><li><p>2023-2028 free cash flow was calculated from previous Street Estimates and multiplied by the free cash flow margin for the last 12 months, 19.60%. From 2029-2032 I applied a CAGR of 5% and finally a perpetual growth rate of 2.50%.</p></li><li><p>The discount rate used is 12%. Using the CAPM the rate would have been under 10%, so to make my estimate more conservative I arbitrarily increased it.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5f5f5eab483f2bf0d63af89c745d285\" alt=\"Discounted cash flow\" title=\"Discounted cash flow\" tg-width=\"640\" tg-height=\"237\"/><span>Discounted cash flow</span></p><p>With these assumptions, Alibaba&#39;s fair value is $157.27 per share, more than double the current price. But there is more.</p><p>For the fair value to align with the current price, the RRR would have to be about 25%, effectively making Alibaba almost 10x in 10 years. Thus, investing $1,000 today in 2033 will become $10,000. Anyway, 10x or not, unless the financials are distorted (and I have no reason to believe that) at today&#39;s price Alibaba I think is a bargain, potentially the best in 2024.</p><p>With Alibaba, we can have fun making even the most absurd assumptions, but there is no way to make it overvalued.</p><p>Let&#39;s assume that all analysts are wrong and Alibaba will never grow again for some strange reason. So, the expected free cash flow in 2023 will have a growth rate of 0% and a perpetual growth rate of 0%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5f7ad8f76f4a13b9bda104bca587a5a\" alt=\"Discounted cash flow\" title=\"Discounted cash flow\" tg-width=\"640\" tg-height=\"236\"/><span>Discounted cash flow</span></p><p>Again, Alibaba is undervalued since the fair value is $106.28 per share, a 47% difference from the current price. All this, still considering an RRR of 12%, is so quite high.</p><p>Let us now assume that Chinese regulators wake up one morning and decide for no reason to fine Alibaba $30 billion. Also, let us assume that the growth rate is -2% as well as the perpetual growth rate.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9647e566fe5b9a5e2ce6ab20df240030\" alt=\"Discounted cash flow\" title=\"Discounted cash flow\" tg-width=\"640\" tg-height=\"240\"/><span>Discounted cash flow</span></p><p>Once again, Alibaba is undervalued since its fair value would be $82.17 per share. In short, even in the face of a doomsday scenario, this company continues to be undervalued. Based on its financial results there is basically no way for it to be overvalued.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8dadb1c9a9c9192d47c4dde0aecb9f9a\" alt=\"TIKR.com\" title=\"TIKR.com\" tg-width=\"640\" tg-height=\"272\"/><span>TIKR.com</span></p><p>After all, this is to be expected given that its valuation ratios are incredibly low. No company with such high growth prospects and margins is trading at an NTM market cap/FCF of 7.26x; the same goes for the NTM P/E of 7.61x. Their average values since 2015 are 22.54x and 23.97x, respectively, 3 times as high as they are today.</p><h3 id=\"id_2857271186\">An unusual comparison</h3><p>With due differences, in terms of valuation, the current situation of Alibaba reminds me of that of Meta (META) last year. Since mid-2022, I started writing a series of strong buy articles on Meta even though the price kept collapsing. The rhetoric at the time was that Meta was wasting money on the Reality Labs segment and that no one was using Facebook anymore. That distorted perception of reality is what left many panicked investors without earnings. Even, staying on the Meta/Alibaba parallel, in one of my articles I hypothesized a 0% growth scenario for Meta, just as I did earlier with Alibaba.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8e13113643f1ca6520c743fe04f74df\" alt=\"My article on Seeking Alpha\" title=\"My article on Seeking Alpha\" tg-width=\"640\" tg-height=\"411\"/><span>My article on Seeking Alpha</span></p><p>Even then Meta was undervalued, yet the price collapsed another 50% before recovering all the lost ground in about a year. I also wrote strong buy articles when the price was around $100 per share, but at that point, pessimism was at its peak and few wanted to buy.</p><p>With these remarks, I do not want to create false hope since Meta and Alibaba are different companies, but I want to point out how in the market &#34;nonsense prices&#34; sometimes exist and can affect even established and internationally dominant companies. In my opinion, Alibaba&#39;s current price per share is completely irrational, just as Meta was at $90 per share. Sometimes the market takes big oversights, and when the numbers are on our side it may be the right time to take advantage of them.</p><h2 id=\"id_3107685505\">Risks and final considerations</h2><p>The fact that Alibaba seems undervalued based on its numbers does not necessarily mean that it will be a bargain and everyone should buy it. It is obvious that there are risks to be evaluated and, in this case, they are quite high given the potential returns.</p><p>Certainly, there is competition that could make future performance less rosy. JD is the main competitor, but when you invest in a Chinese company you have to do some different thinking. Typically, we are used to thinking that the competitors are just other companies, but in this case, there is mainly the Chinese authorities to factor in.</p><p>Chinese big tech companies do not have the same flexibility as Western ones and have to adhere to a set of rules designed for the common good. For example, previously we saw that Alibaba, in addition to being fined, decided to invest $15.50 billion in common prosperity out of thin air. Although wise, this choice seems rather questionable. Just imagine if Apple had done the same: shareholders would not have been happy.</p><p>So, investing in Alibaba means being aware that from one day to the next news could turn the company upside down and that shareholders will not always be put first. At the same time, however, you are buying a company that has no debt, generates $24 billion a year in free cash flow, and has a PE of about 8x. In other words, you must accept some compromises if you want to buy one of the best companies in the world at a ridiculous price: there are no free meals in finance. Finally, the extent of the real estate crisis within the country is still unknown, and this could lead the Chinese stock market to collapse further. In my estimation, even in the event of revenue decline Alibaba is undervalued, but this does not detract from the fact that the situation should be monitored.</p><p>In light of these considerations, it is clear that Alibaba is not an investment for everyone but only for those who believe in China&#39;s long-term growth without being influenced by the daily news. If you continually watch the performance of your portfolio and volatility scares you, Alibaba is the last company to invest in. Above all, you need some confidence in the Chinese government&#39;s choices and that it will not limit the growth of its big tech too much. The dividend issue could attract new investors, but even then, you need a long-term view since the dividend yield is still too low.</p><p>I realize that many people are not willing to accept that a company operates in such a complex environment, but as far as I am concerned Alibaba is so undervalued that I am willing to pass on it at $72 per share: I think the potential upside is definitely greater than the potential downside. Of course, one should not make the mistake of overweighting it within the portfolio. For the more risk-averse, it might make sense to consider some ETFs where Alibaba occupies one of the prominent positions. After all, China&#39;s goal is generalized growth and an ETF would greatly reduce specific risks while still remaining exposed to the country&#39;s growth. There is no right or wrong choice a priori, it all depends on how much you are willing to risk and what your goal is.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: At $72 Per Share Makes No Sense</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: At $72 Per Share Makes No Sense\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-11 16:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4657089-alibaba-at-72-per-share-makes-no-sense><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba's stock price has significantly declined, making it an attractive investment opportunity.The company's fundamentals remain strong, with solid revenue growth and positive free cash flow.The ...</p>\n\n<a href=\"https://seekingalpha.com/article/4657089-alibaba-at-72-per-share-makes-no-sense\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4515":"5G概念","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","BABA":"阿里巴巴","BK4553":"喜马拉雅资本持仓","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","BK4571":"数字音乐概念","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4585":"ETF&股票定投概念","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","BK4576":"AR","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0238689110.USD":"贝莱德环球动力股票基金","LU0048580855.USD":"富达大中华区A","BK4575":"芯片概念","LU0072462426.USD":"贝莱德全球配置 A2","BK4587":"ChatGPT概念","BK4558":"双十一","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0056508442.USD":"贝莱德世界科技基金A2","BK4559":"巴菲特持仓","BK4077":"互动媒体与服务","BK4579":"人工智能","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","09988":"阿里巴巴-W","SG9999002463.SGD":"LionGlobal China Growth SGD","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4588":"碎股","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","BK4550":"红杉资本持仓","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4551":"寇图资本持仓","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU2242644610.SGD":"Fidelity China Innovation A-ACC-SGD","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BK4512":"苹果概念","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","BK4024":"房地产开发","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC"},"source_url":"https://seekingalpha.com/article/4657089-alibaba-at-72-per-share-makes-no-sense","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2390038948","content_text":"Alibaba's stock price has significantly declined, making it an attractive investment opportunity.The company's fundamentals remain strong, with solid revenue growth and positive free cash flow.The Chinese stock market has already discounted the worst-case scenarios, making Alibaba undervalued and potentially poised for a rebound.Wang He/Getty Images NewsWould you ever buy a company with these characteristics?5-year free cash flow growth of 11%; free cash flow margin of 19.60%.5-year revenue growth of about 20%.Net debt of -$51.48 billion and market capitalization of only $184 billion.NTM Market Cap / Free Cash Flow of 7.26x; NTM Price / Normalized Earnings (P/E) of 7.61x.Probably, if this company was headquartered in New York now you would all run to buy it. Unfortunately, it is located on the other side of the world, in Hangzhou, China. It is exactly this aspect that I want to leverage in this article since the issues of this company are not about the business itself but about the country in which it resides. As you might have guessed, I am talking about the much-discussed Alibaba (NYSE:BABA).ContextBefore assessing the current situation, I think it is useful to give a brief recap of what has happened so far since November 2020, which is when Alibaba's meltdown began. In these three years, virtually everything has happened.At the end of October 2020, there was great optimism around Alibaba and it was steadily trading around $280-$300 per share. At the time, it was pretty much done for the IPO of Ant Group, which is the company that owns the world's largest mobile payment platform, Alipay. Alibaba owns 33% of the group, so it had every interest in making the biggest IPO of all time go through. However, when everything seemed to be going right, some statements by Jack Ma about the Chinese financial system caught the attention of the Chinese authorities and after a few days, the IPO was cancelled. According to the authorities' statements, the reason was that Ant Group's structure did not reflect the anti-monopoly rules. After years of turbulence, the worst seems to be behind us, but not without consequences:Ant Group was fined $985 million, one of the highest fines ever imposed by Chinese regulators.The ownership structure has been completely turned upside down: Jack Ma owned 53.46% of the voting shares, today only 6.20%. Thus, no shareholder, alone or in agreement with other parties, will have control.Overall, after these three years, Ant Group comes out weakened, and indirectly so does Alibaba. Be that as it may, this was only the first hiccup.Following the suspension of the IPO, Chinese regulators fined the country's major big tech companies for antitrust violations: in 2021 Alibaba was fined $2.80 billion. In addition, a few months later, the company said it would participate in common prosperity initiatives by investing $15.50 billion through 2025. The goal was to benefit from the economic growth of the entire country:Alibaba is a beneficiary of the strong social and economic progress in China over the past 22 years. We firmly believe that if society is doing well and the economy is doing well, then Alibaba will do well.Former Alibaba CEO Daniel ZhangNeedless to say, the market saw these investments as yet another fine to pay, and from that point on, the stock began to sink. Although by 2022 the fines were over, the S&P 500 (SP500) in a downward trend was yet another excuse to fuel Alibaba's collapse. From $319 per share in October 2020 today the stock is trading at about $72 per share: an absolute disaster.Coming to this point, after all this news, you may be wondering why Alibaba is a strong buy. The reason is that the current price per share is so low that in my opinion, it has already discounted the most negative scenario ever. Over the past three years, everything was a pretext to sell Alibaba and we have reached a point where it is really hard to make things worse. Making an analogy with the U.S. economy, this is Alibaba's 2008 and it is much easier to restart from here than to sink further.At the moment the major problems with Chinese regulators are behind us, but I don't doubt that there may be new complications in the future, and that is what worries the market. While I understand investors' concern, I also believe that one should not be overly pessimistic either. I doubt that it is in China's interest to destroy one of their best companies ever. Tencent (OTCPK:TCEHY) and PDD Holdings (PDD) have also been fined, but they have already made up some of the lost ground.My impression is that sentiment is still extremely negative for Alibaba compared to the other Chinese big tech companies, which is why it will have to prove something more to attract investors. Still, it really took very little to go from being one of the best companies in the world to being one of the most avoided: Mr. Market is often too emotional.Analysis of the Chinese economyAs already anticipated, since Alibaba's performance is affected by any news that has to do with China, I think the first thing to analyze is the macroeconomic environment.World BankSince the mid-1960s China's economic growth has been unrestrained and GDP used to increase in double digits. Since 2010, year-on-year growth has slowed down but remains higher than European and U.S. growth. The Chinese government's goal is to grow on average between 4.50-5% per year, which has failed in recent years due to a number of issues.The first was the pandemic. In China, the lockdowns lasted longer and were also much more stringent.The second is that China's real estate market is facing a tough time, which is extremely relevant since it contributes about 30% of GDP. China's housing boom seems to have come to an end and is now paying for the excessive borrowing and construction done over the past decades. The population has stopped growing as it did in the past, and demand for new housing has dropped dramatically to the point where it has created ghost towns.The beginning of the real estate crisis dates back to 2021 when the China Evergrande Group (OTC:EGRNQ), once the second-largest real estate developer in the country, declared bankruptcy. Later, it was the turn of other prominent real estate developers such as Country Garden (OTCPK:CTRYF). In any case, we have been talking about this crisis for at least two years, and in my opinion, the Chinese equity market has already discounted this issue. This is nothing new.Federal Reserve Bank of St. LouisIn fact, it has been since 2021 that the price of Chinese residential property has been plummeting, but as of mid-year, there seems to be a basis for a recovery. Proportionally, the slump in recent years has been greater than during the great financial crisis.CEIC DataMoreover, taking a look at the average price of Chinese properties in RMB/sq m, after a violent slump starting in 2021, a new bullish trend has already begun since the beginning of the following year. In short, I believe that overall the worst of the real estate bubble has now already been discounted by the market and China has faced its 2008. We often forget that the Hang Seng (HSI) has collapsed more than 50% from its all-time high: how much further down can it go?GuruFocusThe median of the Hang Seng P/E ratio is 10.20x, today we are at only 7.80x, more than one standard deviation below. In the last 20 years hardly has this index been so depressed.So, in addition to the problems with Chinese regulators, Alibaba's price per share has also been affected by the tightening of the Chinese economic environment, which is why I think it has also discounted a potential recession in China. In general, at current prices, I think the Chinese stock market is much more attractive than the U.S. stock market, and Alibaba is probably one of the companies that will benefit most from China's economic rebound.While the United States is struggling with high interest rates, rising default rates, and banks reluctant to lend money, China is currently in the opposite situation: interest rates are declining and the Chinese government is also poised to increase fiscal spending.TRADING ECONOMICSThe Prime Rate Loan has already decreased twice since the beginning of the year and China's budget deficit ratio will be raised to about 3.80% of GDP following the issuance of CNY 1 trillion sovereign bonds ($137 billion).YChartsSince China is currently fighting deflation, I would not be surprised if rates were reduced further and fiscal spending increased. During the 2008 crisis, the Chinese government made immediate efforts to avoid a financial meltdown, and about two months after the Lehman Brothers bankruptcy it had a stimulus package worth CNY 4 trillion ready.International Monetary FundSince China remains one of the main economic powers with the lowest debt-GDP ratio, about 77%, I expect that in case of a worse-than-expected real estate crisis, a decision will be made to increase economic stimulus: there is room to do so. Finally, at least for the time being, GDP growth estimates in 2023 and 2024 are sound, 5.20% and 4.10%, respectively.In light of all these considerations, I believe that the Chinese stock market has already discounted the worst and as early as next year may begin its comeback. Typically, the market bottom is reached when the following conditions occur:Pessimism is extreme.There are deflationary pressures.The government begins to stimulate the economy.Interest rates fall.China currently meets all the conditions; the U.S. does not even have one since it is coming from years of strong expansion. Therefore, I would not be surprised if in 2024 the performance of these two countries is opposite: Hang Seng rising and S&P500 declining.Alibaba was among the hardest hit companies in the Hang Seng Index, so I expect it will be one of the companies to benefit the most when the trend reverses. After all, its fundamentals are still solid.Alibaba is not deadWhen a company loses 77% in three years, we expect at the very least that its core business has been disrupted for the worse. Other times collapses of this magnitude raise assumptions of bankruptcy or permanent damage to the company. In the case of Alibaba, the company has simply encountered two years of stagnation after a decade of strong growth. Even the best companies in the world have difficult times to overcome: take a look at Apple between 2012 and 2014.Chart based on Seeking Alpha dataAs we can see, until FY2021 growth never had any problems; they started the following year. As already widely discussed, pandemic, fines, and real estate crisis made FY2022 and FY2023 hell, and yet Alibaba came out with its head held high. The company in the last 12 months generated a net income of $18.16 billion, cash from operations of $29.21 billion, and revenues declined minimally. In addition, it should be noted that these figures were impacted by an unfavorable exchange rate effect. Since the Fed is implementing a restrictive monetary policy and China's central bank an expansionary monetary policy, the CNY/USD exchange rate has changed significantly. In any case, performance over the past 12 months has been significantly better than in FY2022 and FY2023, suggesting that a comeback is underway.In particular, the first six months of FY2024 are showing improvement in all business segments.Alibaba Group September Quarter 2023 ResultsTaobao and Tmall generated revenues of RMB 212.60 billion, up 8% from the previous year. This may seem like a slightly disappointing result, but one must consider the macroeconomic environment in which Alibaba is operating. It is not easy to grow during a deflationary period; in fact, even competitor JD (JD) has struggled.International commerce had sensational growth, +47% or RMB 14.86 billion more than last year. This growth comes mainly from the retail segment. This is in my opinion a strong result and a proof of the ease with which Alibaba is expanding overseas through AliExpress.Local Services, Digital media, and Cainiao all grew more than 20% over H1 FY2023.Cloud had only 3% growth and generated revenues of RMB 52.71 billion; Alibaba continues to have the third largest cloud computing platform globally. The market did not take management's decision to give up the spinoff well, but I personally find it a correct choice. How much capital could Alibaba have gotten from a business segment growing at low-single digits today? For the time being, the focus is to get the Cloud growing again and only then to think about the IPO.Alibaba Group September Quarter 2023 ResultsAnyway, in terms of profitability the Cloud has improved: compared to H1 FY2023 EBITA improved by 26%. Cainiao is no longer at a loss and Local Services and Digital Media have significantly reduced losses. Overall, income from operations improved by 52%.In light of these results, it is clear that Alibaba is not a dying company contrary to what the price per share would have you believe.Seeking AlphaStreet Estimates, despite pessimism toward this company, are in favor of steady growth in the future, albeit not at the same rate as in the past decade. After all, Alibaba today is a behemoth and logically cannot sustain the growth rates of the past.Finally, the last aspect I would like to cover in this section is shareholder remuneration.Alibaba has also officially become a dividend company since a dividend of $2.50 billion will be issued in 2024. The current dividend yield is very low, only 1.38%, but think of its growth potential. This company can easily generate an annual free cash flow of $30 billion over the next few years, so its growth rate could be substantial. The increase in dividend per share will be fueled by the huge buybacks that management is implementing. In the last quarter, treasury stock worth $1.70 billion was purchased and another $14.60 billion remains on hand.Personally, on shareholder compensation, I slightly disagree with management's choices: that $2.50 billion I would have preferred if it had been used to increase the buyback. In any case, I understand that this choice was made more to attract new investors than anything else. I expect the buyback to be leveraged as much as possible at the current price.ValuationWe came to the centerpiece of the article, which is the valuation of Alibaba. I have written hundreds of articles on Seeking Alpha but honestly, I have never found a company so undervalued. At the current price, Alibaba does not make sense and now I will explain why.First of all, net debt is -$51.48 billion and free cash flow for the past 12 months was $24.51 billion (and Alibaba has not yet fully recovered). Subtracting net debt from the current market capitalization of $184 billion, in five and a half years free cash flow (assuming 0% growth) manages to cover the entire capitalization. For comparison, it is as if Apple (AAPL) were trading at $35 per share.By creating a discounted cash flow model this undervaluation is even more evident. This model takes into account the following assumptions:2023-2028 free cash flow was calculated from previous Street Estimates and multiplied by the free cash flow margin for the last 12 months, 19.60%. From 2029-2032 I applied a CAGR of 5% and finally a perpetual growth rate of 2.50%.The discount rate used is 12%. Using the CAPM the rate would have been under 10%, so to make my estimate more conservative I arbitrarily increased it.Discounted cash flowWith these assumptions, Alibaba's fair value is $157.27 per share, more than double the current price. But there is more.For the fair value to align with the current price, the RRR would have to be about 25%, effectively making Alibaba almost 10x in 10 years. Thus, investing $1,000 today in 2033 will become $10,000. Anyway, 10x or not, unless the financials are distorted (and I have no reason to believe that) at today's price Alibaba I think is a bargain, potentially the best in 2024.With Alibaba, we can have fun making even the most absurd assumptions, but there is no way to make it overvalued.Let's assume that all analysts are wrong and Alibaba will never grow again for some strange reason. So, the expected free cash flow in 2023 will have a growth rate of 0% and a perpetual growth rate of 0%.Discounted cash flowAgain, Alibaba is undervalued since the fair value is $106.28 per share, a 47% difference from the current price. All this, still considering an RRR of 12%, is so quite high.Let us now assume that Chinese regulators wake up one morning and decide for no reason to fine Alibaba $30 billion. Also, let us assume that the growth rate is -2% as well as the perpetual growth rate.Discounted cash flowOnce again, Alibaba is undervalued since its fair value would be $82.17 per share. In short, even in the face of a doomsday scenario, this company continues to be undervalued. Based on its financial results there is basically no way for it to be overvalued.TIKR.comAfter all, this is to be expected given that its valuation ratios are incredibly low. No company with such high growth prospects and margins is trading at an NTM market cap/FCF of 7.26x; the same goes for the NTM P/E of 7.61x. Their average values since 2015 are 22.54x and 23.97x, respectively, 3 times as high as they are today.An unusual comparisonWith due differences, in terms of valuation, the current situation of Alibaba reminds me of that of Meta (META) last year. Since mid-2022, I started writing a series of strong buy articles on Meta even though the price kept collapsing. The rhetoric at the time was that Meta was wasting money on the Reality Labs segment and that no one was using Facebook anymore. That distorted perception of reality is what left many panicked investors without earnings. Even, staying on the Meta/Alibaba parallel, in one of my articles I hypothesized a 0% growth scenario for Meta, just as I did earlier with Alibaba.My article on Seeking AlphaEven then Meta was undervalued, yet the price collapsed another 50% before recovering all the lost ground in about a year. I also wrote strong buy articles when the price was around $100 per share, but at that point, pessimism was at its peak and few wanted to buy.With these remarks, I do not want to create false hope since Meta and Alibaba are different companies, but I want to point out how in the market \"nonsense prices\" sometimes exist and can affect even established and internationally dominant companies. In my opinion, Alibaba's current price per share is completely irrational, just as Meta was at $90 per share. Sometimes the market takes big oversights, and when the numbers are on our side it may be the right time to take advantage of them.Risks and final considerationsThe fact that Alibaba seems undervalued based on its numbers does not necessarily mean that it will be a bargain and everyone should buy it. It is obvious that there are risks to be evaluated and, in this case, they are quite high given the potential returns.Certainly, there is competition that could make future performance less rosy. JD is the main competitor, but when you invest in a Chinese company you have to do some different thinking. Typically, we are used to thinking that the competitors are just other companies, but in this case, there is mainly the Chinese authorities to factor in.Chinese big tech companies do not have the same flexibility as Western ones and have to adhere to a set of rules designed for the common good. For example, previously we saw that Alibaba, in addition to being fined, decided to invest $15.50 billion in common prosperity out of thin air. Although wise, this choice seems rather questionable. Just imagine if Apple had done the same: shareholders would not have been happy.So, investing in Alibaba means being aware that from one day to the next news could turn the company upside down and that shareholders will not always be put first. At the same time, however, you are buying a company that has no debt, generates $24 billion a year in free cash flow, and has a PE of about 8x. In other words, you must accept some compromises if you want to buy one of the best companies in the world at a ridiculous price: there are no free meals in finance. Finally, the extent of the real estate crisis within the country is still unknown, and this could lead the Chinese stock market to collapse further. In my estimation, even in the event of revenue decline Alibaba is undervalued, but this does not detract from the fact that the situation should be monitored.In light of these considerations, it is clear that Alibaba is not an investment for everyone but only for those who believe in China's long-term growth without being influenced by the daily news. If you continually watch the performance of your portfolio and volatility scares you, Alibaba is the last company to invest in. Above all, you need some confidence in the Chinese government's choices and that it will not limit the growth of its big tech too much. The dividend issue could attract new investors, but even then, you need a long-term view since the dividend yield is still too low.I realize that many people are not willing to accept that a company operates in such a complex environment, but as far as I am concerned Alibaba is so undervalued that I am willing to pass on it at $72 per share: I think the potential upside is definitely greater than the potential downside. Of course, one should not make the mistake of overweighting it within the portfolio. For the more risk-averse, it might make sense to consider some ETFs where Alibaba occupies one of the prominent positions. After all, China's goal is generalized growth and an ETF would greatly reduce specific risks while still remaining exposed to the country's growth. There is no right or wrong choice a priori, it all depends on how much you are willing to risk and what your goal is.","news_type":1},"isVote":1,"tweetType":1,"viewCount":583,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3570103090255456","idStr":"3570103090255456"},"content":"Same... Time to move on... It remains book losses if u dun encash","text":"Same... Time to move on... It remains book losses if u dun encash","html":"Same... Time to move on... It remains book losses if u dun encash"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":249864462102576,"gmtCreate":1702021160164,"gmtModify":1702021164695,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"Let's gooooool.....!","listText":"Let's gooooool.....!","text":"Let's gooooool.....!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/249864462102576","repostId":"2389023373","repostType":2,"repost":{"id":"2389023373","pubTimestamp":1702019729,"share":"https://ttm.financial/m/news/2389023373?lang=&edition=fundamental","pubTime":"2023-12-08 15:15","market":"hk","language":"en","title":"Alibaba Stock Is Too Cheap To Stay Away (Rating Upgrade)","url":"https://stock-news.laohu8.com/highlight/detail?id=2389023373","media":"Seekingalpha","summary":"Alibaba stock is undervalued and presents a good investing opportunity, with a potential upside of over 60%.Despite strong quarterly performance, the stock price declined due to disappointment over th","content":"<html><head></head><body><ul style=\"\"><li><p>Alibaba stock is undervalued and presents a good investing opportunity, with a potential upside of over 60%.</p></li><li><p>Despite strong quarterly performance, the stock price declined due to disappointment over the cancellation of restructuring plans.</p></li><li><p>Alibaba is well-positioned in the e-commerce, cloud computing, and AI sectors, with positive earnings expectations and growth potential.</p></li></ul><h2 id=\"id_4006473744\">Investment thesis</h2><p>My previous bearish thesis about Alibaba (NYSE: BABA) aged well, as the stock tanked by almost 17% since mid-September. While I understand that the risks of investing in Chinese stocks in general and in Alibaba are inherently risky due to massive political risks and headwinds in the macro economy, I believe the stock is too cheap at the moment. In my opinion, the sell-off after the cancellation of the restructuring plans was the market&#39;s overreaction. My valuation analysis under very conservative assumptions suggests that the stock is more than 60% undervalued. From a fundamental perspective, Alibaba is a high-quality business that is well-positioned to absorb multiple positive tailwinds. Overall, I believe the current stock price provides a good investing opportunity and I assign BABA a &#34;Strong Buy&#34; rating.</p><h2 id=\"id_1505036418\">Recent developments</h2><p>BABA released its latest quarterly earnings on November 16, when the company topped consensus estimates. Revenue increased by 7.2% YoY, and the adjusted EPS expanded notably. The EPS strength was ensured by robust operating leverage as the operating margin expanded YoY from 12.13% to 14.94%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c941106fe94c77d125c689ab584022e2\" tg-width=\"579\" tg-height=\"205\"/></p><p>Seeking Alpha</p><p>The strong operating performance allowed BABA to generate $5.8 billion in levered free cash flow [FCF], and the company continued to improve its balance sheet. As of the latest reporting date, Alibaba had almost $79 billion in outstanding cash, around three times higher than the total debt. Liquidity metrics are also stellar. Alibaba&#39;s fortress financial position makes the company well-positioned to fuel growth and innovation.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a284e43be3c40ffea44281297823c943\" tg-width=\"417\" tg-height=\"426\"/></p><p>Seeking Alpha</p><p>Despite delivering strong quarterly performance, the stock price declined by more than ten percent in one day after the earnings release went live. The reason for investors&#39; disappointment is after the announcement that the company&#39;s plans to spin out BABA&#39;s cloud computing division were canceled. The plans to restructure the business were shared by Alibaba in March 2023, and it met a lot of optimism from investors as it was expected that the cloud-business spin-off would help it to be more flexible in the constantly evolving environment. I think this was the market&#39;s overreaction as the stock price dipped below the early March 2023 levels.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dad1eecc9e4d1bd36921102a673713ac\" tg-width=\"640\" tg-height=\"285\"/></p><p>Seeking Alpha</p><p>The earnings release for the upcoming quarter is scheduled for February 22, 2024. Quarterly revenue is expected by consensus at $37.74 billion, which indicates a 5% YoY increase. The adjusted EPS is expected to stay flat at $2.79.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9b1c84ab0a8327ce0efd0f7d27e2a3e2\" tg-width=\"585\" tg-height=\"212\"/></p><p>Seeking Alpha</p><p>For the full fiscal 2024, consensus estimates forecast an 8.6% YoY growth, which is solid. Profitability is also poised to expand by 17% YoY, another bullish sign. I think that positive earnings expectations are fair, given that the company is well-exposed to several of the hottest technological shifts, like e-commerce, cloud computing, and artificial intelligence [AI]. According to statista.com, the Chinese e-commerce market is expected to compound at 10% annually over the next five years, which is a solid tailwind for Alibaba&#39;s core business.</p><p>Alibaba is well behind the American technological hyper scalers in the cloud infrastructure global market share, but 4% of the global market is still a substantial share of the big pie. Being by far the leading cloud company outside the U.S. makes Alibaba well-exposed to capitalize on the 13% cloud market CAGR up to 2030.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/addea684b36d8d6b4a589c7812cde5a4\" tg-width=\"640\" tg-height=\"374\"/></p><p>statista.com</p><p>Having vast amounts of data accumulated by Alibaba&#39;s diversified set of businesses also makes the company well-positioned in the AI and machine learning [ML] fields. For example, data from e-commerce transactions can provide insights into consumer preferences and market dynamics, while financial data can be leveraged for risk analysis and fraud detection. This multifaceted dataset creates a holistic view of various aspects of business and consumer activities.</p><h2 id=\"id_3388908284\">BABA stock valuation</h2><p>BABA tanked by 21% year-to-date, underperforming both the broader U.S. stock market and the <a href=\"https://laohu8.com/S/EEMA\">iShares</a> MSCI China ETF (MCHI). Seeking Alpha Quant assigns Alibaba&#39;s stock a high &#34;B+&#34; valuation grade because the ratios are significantly lower than historical averages and the sector median. From the valuation multiples perspective, BABA looks substantially undervalued.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/252c809541cb9a974deb377961429bd1\" tg-width=\"640\" tg-height=\"500\"/></p><p>Seeking Alpha</p><p>I want to proceed with the discounted cash flow [DCF] simulation. I use a high 15% WACC due to inherently high political and geopolitical risks for all Chinese public companies listed in the U.S. I use a very conservative assumption that the FCF margin will be flat at 10.8%, which is the current TTM level. I have revenue consensus estimates available up to FY 2029 and forecast a 5% CAGR for the years beyond. As a result of the combination of consensus estimates and my long-term revenue growth projection, the revenue CAGR for the next decade is 6.2%, which is very conservative.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dbe9842c502663c20e1355a0136213a8\" tg-width=\"640\" tg-height=\"250\"/></p><p>Author&#39;s calculations</p><p>According to my DCF simulation, the business&#39;s fair value is approximately $310 billion. This is 64% higher than the current market cap, indicating a massive upside potential. That said, my target price for BABA is $120.</p><h2 id=\"id_1318581181\">Risks of investing in BABA stock</h2><p>As my analysis suggests, the current Alibaba&#39;s stock price is far from underlying fundamentals, which keep improving. It is well-known that investors&#39; sentiment prevails over fundamentals in the short-term perspective. However, Alibaba&#39;s stock price seems to be in a secular decline because it has been falling for over three years with temporary short-term bounces. Investor&#39;s fears started when the company&#39;s iconic founder, Jack Ma, suddenly disappeared in late 2020 after publicly criticizing the Chinese government. Subsequently, the company underwent multiple restructurings due to regulatory interventions by the Chinese government. I believe these events contribute significantly to the persistently negative sentiment among investors towards BABA. That said, there is a high level of uncertainty regarding the timing of the sentiment pivot towards Alibaba stock.</p><p>Uncertainties regarding the Chinese economy are also a substantial risk for one of its largest companies. The real estate sector, a cornerstone of any economy, is in a &#34;slow-motion&#34; crisis. The real estate boom was one of the main drivers that fueled the Chinese economic miracle, and difficulties in the sector apparently weighed on the broader economy&#39;s growth. Apart from this, let us also not underestimate the potential adverse effect on the economy of the demographic shifts. That said, despite having strong secular technological tailwinds, Alibaba also faces macro headwinds.</p><h2 id=\"id_887506278\">Bottom line</h2><p>To conclude, Alibaba is a &#34;Strong Buy&#34; at the current stock price level. The risks of investing in BABA are substantial, but I believe the upside potential far outweighs all the uncertainties. The company is fundamentally strong, and its balance sheet positions Alibaba strategically to continue investing in growth and innovation. I agree with bright consensus revenue and EPS forecasts as the company is well exposed to the hottest technological trends within industries expected to compound double digits in the next decade.</p><p>Editor&#39;s Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock Is Too Cheap To Stay Away (Rating Upgrade)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock Is Too Cheap To Stay Away (Rating Upgrade)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-08 15:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4656521-alibaba-stock-is-too-cheap-to-stay-away-ratings-upgrade><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba stock is undervalued and presents a good investing opportunity, with a potential upside of over 60%.Despite strong quarterly performance, the stock price declined due to disappointment over ...</p>\n\n<a href=\"https://seekingalpha.com/article/4656521-alibaba-stock-is-too-cheap-to-stay-away-ratings-upgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"89988":"阿里巴巴-WR","BK4558":"双十一","BK4575":"芯片概念","BK4587":"ChatGPT概念","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","BK4220":"综合零售","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","BK4524":"宅经济概念","BK4535":"淡马锡持仓","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4538":"云计算","BK4527":"明星科技股","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4526":"热门中概股","BK4588":"碎股","BK4579":"人工智能","09988":"阿里巴巴-W","BK4122":"互联网与直销零售","BK4503":"景林资产持仓","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","BK4502":"阿里概念","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BABA":"阿里巴巴","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4504":"桥水持仓","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4548":"巴美列捷福持仓","LU0821914370.USD":"贝莱德亚洲成长领袖A2","BK4565":"NFT概念","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4554":"元宇宙及AR概念","BK4531":"中概回港概念","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0651946864.USD":"贝莱德新兴市场股票收益A2","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU1046422090.SGD":"Fidelity Pacific A-SGD","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)"},"source_url":"https://seekingalpha.com/article/4656521-alibaba-stock-is-too-cheap-to-stay-away-ratings-upgrade","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2389023373","content_text":"Alibaba stock is undervalued and presents a good investing opportunity, with a potential upside of over 60%.Despite strong quarterly performance, the stock price declined due to disappointment over the cancellation of restructuring plans.Alibaba is well-positioned in the e-commerce, cloud computing, and AI sectors, with positive earnings expectations and growth potential.Investment thesisMy previous bearish thesis about Alibaba (NYSE: BABA) aged well, as the stock tanked by almost 17% since mid-September. While I understand that the risks of investing in Chinese stocks in general and in Alibaba are inherently risky due to massive political risks and headwinds in the macro economy, I believe the stock is too cheap at the moment. In my opinion, the sell-off after the cancellation of the restructuring plans was the market's overreaction. My valuation analysis under very conservative assumptions suggests that the stock is more than 60% undervalued. From a fundamental perspective, Alibaba is a high-quality business that is well-positioned to absorb multiple positive tailwinds. Overall, I believe the current stock price provides a good investing opportunity and I assign BABA a \"Strong Buy\" rating.Recent developmentsBABA released its latest quarterly earnings on November 16, when the company topped consensus estimates. Revenue increased by 7.2% YoY, and the adjusted EPS expanded notably. The EPS strength was ensured by robust operating leverage as the operating margin expanded YoY from 12.13% to 14.94%.Seeking AlphaThe strong operating performance allowed BABA to generate $5.8 billion in levered free cash flow [FCF], and the company continued to improve its balance sheet. As of the latest reporting date, Alibaba had almost $79 billion in outstanding cash, around three times higher than the total debt. Liquidity metrics are also stellar. Alibaba's fortress financial position makes the company well-positioned to fuel growth and innovation.Seeking AlphaDespite delivering strong quarterly performance, the stock price declined by more than ten percent in one day after the earnings release went live. The reason for investors' disappointment is after the announcement that the company's plans to spin out BABA's cloud computing division were canceled. The plans to restructure the business were shared by Alibaba in March 2023, and it met a lot of optimism from investors as it was expected that the cloud-business spin-off would help it to be more flexible in the constantly evolving environment. I think this was the market's overreaction as the stock price dipped below the early March 2023 levels.Seeking AlphaThe earnings release for the upcoming quarter is scheduled for February 22, 2024. Quarterly revenue is expected by consensus at $37.74 billion, which indicates a 5% YoY increase. The adjusted EPS is expected to stay flat at $2.79.Seeking AlphaFor the full fiscal 2024, consensus estimates forecast an 8.6% YoY growth, which is solid. Profitability is also poised to expand by 17% YoY, another bullish sign. I think that positive earnings expectations are fair, given that the company is well-exposed to several of the hottest technological shifts, like e-commerce, cloud computing, and artificial intelligence [AI]. According to statista.com, the Chinese e-commerce market is expected to compound at 10% annually over the next five years, which is a solid tailwind for Alibaba's core business.Alibaba is well behind the American technological hyper scalers in the cloud infrastructure global market share, but 4% of the global market is still a substantial share of the big pie. Being by far the leading cloud company outside the U.S. makes Alibaba well-exposed to capitalize on the 13% cloud market CAGR up to 2030.statista.comHaving vast amounts of data accumulated by Alibaba's diversified set of businesses also makes the company well-positioned in the AI and machine learning [ML] fields. For example, data from e-commerce transactions can provide insights into consumer preferences and market dynamics, while financial data can be leveraged for risk analysis and fraud detection. This multifaceted dataset creates a holistic view of various aspects of business and consumer activities.BABA stock valuationBABA tanked by 21% year-to-date, underperforming both the broader U.S. stock market and the iShares MSCI China ETF (MCHI). Seeking Alpha Quant assigns Alibaba's stock a high \"B+\" valuation grade because the ratios are significantly lower than historical averages and the sector median. From the valuation multiples perspective, BABA looks substantially undervalued.Seeking AlphaI want to proceed with the discounted cash flow [DCF] simulation. I use a high 15% WACC due to inherently high political and geopolitical risks for all Chinese public companies listed in the U.S. I use a very conservative assumption that the FCF margin will be flat at 10.8%, which is the current TTM level. I have revenue consensus estimates available up to FY 2029 and forecast a 5% CAGR for the years beyond. As a result of the combination of consensus estimates and my long-term revenue growth projection, the revenue CAGR for the next decade is 6.2%, which is very conservative.Author's calculationsAccording to my DCF simulation, the business's fair value is approximately $310 billion. This is 64% higher than the current market cap, indicating a massive upside potential. That said, my target price for BABA is $120.Risks of investing in BABA stockAs my analysis suggests, the current Alibaba's stock price is far from underlying fundamentals, which keep improving. It is well-known that investors' sentiment prevails over fundamentals in the short-term perspective. However, Alibaba's stock price seems to be in a secular decline because it has been falling for over three years with temporary short-term bounces. Investor's fears started when the company's iconic founder, Jack Ma, suddenly disappeared in late 2020 after publicly criticizing the Chinese government. Subsequently, the company underwent multiple restructurings due to regulatory interventions by the Chinese government. I believe these events contribute significantly to the persistently negative sentiment among investors towards BABA. That said, there is a high level of uncertainty regarding the timing of the sentiment pivot towards Alibaba stock.Uncertainties regarding the Chinese economy are also a substantial risk for one of its largest companies. The real estate sector, a cornerstone of any economy, is in a \"slow-motion\" crisis. The real estate boom was one of the main drivers that fueled the Chinese economic miracle, and difficulties in the sector apparently weighed on the broader economy's growth. Apart from this, let us also not underestimate the potential adverse effect on the economy of the demographic shifts. That said, despite having strong secular technological tailwinds, Alibaba also faces macro headwinds.Bottom lineTo conclude, Alibaba is a \"Strong Buy\" at the current stock price level. The risks of investing in BABA are substantial, but I believe the upside potential far outweighs all the uncertainties. The company is fundamentally strong, and its balance sheet positions Alibaba strategically to continue investing in growth and innovation. I agree with bright consensus revenue and EPS forecasts as the company is well exposed to the hottest technological trends within industries expected to compound double digits in the next decade.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":209784879788200,"gmtCreate":1692256847460,"gmtModify":1692256853627,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"Let's moon JD..... Its now or never...I'm drowning with you. !&nbsp;","listText":"Let's moon JD..... Its now or never...I'm drowning with you. !&nbsp;","text":"Let's moon JD..... Its now or never...I'm drowning with you. !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209784879788200","repostId":"2360470351","repostType":2,"repost":{"id":"2360470351","pubTimestamp":1692252647,"share":"https://ttm.financial/m/news/2360470351?lang=&edition=fundamental","pubTime":"2023-08-17 14:10","market":"hk","language":"en","title":"Gucci and JD.com Announce Digital Partnership and Launch of Official Gucci Flagship Store","url":"https://stock-news.laohu8.com/highlight/detail?id=2360470351","media":"StreetInsider","summary":"Gucci and JD.com are delighted to announce a digital partnership and the highly anticipated launch of the official Gucci digital flagship store on the e-commerce leader's platform. This marks the firs","content":"<html><head></head><body><p>Gucci and JD.com are delighted to announce a digital partnership and the highly anticipated launch of the official Gucci digital flagship store on the e-commerce leader&#39;s platform. This marks the first time the Italian luxury brand will bring its unique fashion authority and 102-year-old legacy of Italian craftsmanship to the JD.com community.</p><p>Users searching for &#34;Gucci&#34; within the JD.com app will be invited to explore the House&#39;s official flagship store and shop for their favorite items. This will also include a full range experience of Gucci brand services, all within a seamless and secure digital ecosystem. An exceptional customer experience is at the heart of this new collaboration, where customers can browse the store&#39;s extensive range of timeless icons and new-season ready-to-wear, handbags, travel, shoes, jewelry, watches, and accessories for men and women. They will also have special access to Gucci&#39;s online client advisor service before ordering their desired products.</p><p>The opening of the new digital flagship store marks a milestone in the partnership between Gucci and JD.com and underscores their commitments to digital innovation. In response to the evolving digital ecosystem, JD.com continuously delivers cutting-edge digital solutions to fulfill diverse needs. This includes the development of diversified models tailored for the luxury industry, leveraging its state-of-the-art supply chain capabilities and open ecosystem. With the launch of its new online environment on JD.com, Gucci will elevate shopping experiences that are tailored to the tastes of JD.com&#39;s customer base and further explore the unique digital landscape of China using both brands&#39; respective technological strengths to set a new standard in online luxury shopping, expand their market reach, and pioneer original approaches to digital marketing.</p><p>In celebration of the upcoming Chinese Valentine&#39;s Day on August 22, Gucci&#39;s official flagship store on JD.com will offer a selection of gifts that showcase the House&#39;s exquisite craftsmanship and romantic aesthetic. Featuring floral motifs symbolizing the blossoming of love and emotions, the collection will also present a purse designed exclusively for JD.com customers to celebrate this special occasion. To enhance the moment, customers will also be able to share their heartfelt sentiments with personalized greeting E-cards to accompany their purchase.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gucci and JD.com Announce Digital Partnership and Launch of Official Gucci Flagship Store</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\">\nGucci and JD.com Announce Digital Partnership and Launch of Official Gucci Flagship Store\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-17 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=22056991><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gucci and JD.com are delighted to announce a digital partnership and the highly anticipated launch of the official Gucci digital flagship store on the e-commerce leader's platform. This marks the ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=22056991\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","09618":"京东集团-SW"},"source_url":"https://www.streetinsider.com/dr/news.php?id=22056991","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2360470351","content_text":"Gucci and JD.com are delighted to announce a digital partnership and the highly anticipated launch of the official Gucci digital flagship store on the e-commerce leader's platform. This marks the first time the Italian luxury brand will bring its unique fashion authority and 102-year-old legacy of Italian craftsmanship to the JD.com community.Users searching for \"Gucci\" within the JD.com app will be invited to explore the House's official flagship store and shop for their favorite items. This will also include a full range experience of Gucci brand services, all within a seamless and secure digital ecosystem. An exceptional customer experience is at the heart of this new collaboration, where customers can browse the store's extensive range of timeless icons and new-season ready-to-wear, handbags, travel, shoes, jewelry, watches, and accessories for men and women. They will also have special access to Gucci's online client advisor service before ordering their desired products.The opening of the new digital flagship store marks a milestone in the partnership between Gucci and JD.com and underscores their commitments to digital innovation. In response to the evolving digital ecosystem, JD.com continuously delivers cutting-edge digital solutions to fulfill diverse needs. This includes the development of diversified models tailored for the luxury industry, leveraging its state-of-the-art supply chain capabilities and open ecosystem. With the launch of its new online environment on JD.com, Gucci will elevate shopping experiences that are tailored to the tastes of JD.com's customer base and further explore the unique digital landscape of China using both brands' respective technological strengths to set a new standard in online luxury shopping, expand their market reach, and pioneer original approaches to digital marketing.In celebration of the upcoming Chinese Valentine's Day on August 22, Gucci's official flagship store on JD.com will offer a selection of gifts that showcase the House's exquisite craftsmanship and romantic aesthetic. Featuring floral motifs symbolizing the blossoming of love and emotions, the collection will also present a purse designed exclusively for JD.com customers to celebrate this special occasion. To enhance the moment, customers will also be able to share their heartfelt sentiments with personalized greeting E-cards to accompany their purchase.","news_type":1},"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":204928504918176,"gmtCreate":1691040736438,"gmtModify":1691041348452,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a><v-v data-views=\"1\"></v-v> Nio poised to&nbsp;clearly outpace other EV makers in 2H 2023. My bet will be on NIO to make it high this year. !!! NIO price movement on what was a tough day for Chinese ADR's say it all...&nbsp;&nbsp;Let's go NIO.&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a><v-v data-views=\"1\"></v-v> Nio poised to&nbsp;clearly outpace other EV makers in 2H 2023. My bet will be on NIO to make it high this year. !!! NIO price movement on what was a tough day for Chinese ADR's say it all...&nbsp;&nbsp;Let's go NIO.&nbsp;","text":"$NIO Inc.(NIO)$ Nio poised to clearly outpace other EV makers in 2H 2023. My bet will be on NIO to make it high this year. !!! NIO price movement on what was a tough day for Chinese ADR's say it all... Let's go NIO.","images":[{"img":"https://community-static.tradeup.com/news/2e37e3e8db28e73a49b4a47185053a75","width":"1080","height":"683"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/204928504918176","isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":204927723749552,"gmtCreate":1691040548937,"gmtModify":1691040551912,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"Sofi, PYPL and HOOD are poised to be the clear winners on this fintech earnings. Though the price movement for PYPL and HOOD are in the negative territory, I expect them to retrace back the losses swiftly&nbsp; in coming days.&nbsp;<a href=\"https://ttm.financial/S/HOOD\">$Robinhood(HOOD)$ &nbsp;</a><a href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$ &nbsp;</a><a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$ &nbsp;</a>","listText":"Sofi, PYPL and HOOD are poised to be the clear winners on this fintech earnings. Though the price movement for PYPL and HOOD are in the negative territory, I expect them to retrace back the losses swiftly&nbsp; in coming days.&nbsp;<a href=\"https://ttm.financial/S/HOOD\">$Robinhood(HOOD)$ &nbsp;</a><a href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$ &nbsp;</a><a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$ &nbsp;</a>","text":"Sofi, PYPL and HOOD are poised to be the clear winners on this fintech earnings. Though the price movement for PYPL and HOOD are in the negative territory, I expect them to retrace back the losses swiftly in coming days. $Robinhood(HOOD)$ $SoFi Technologies Inc.(SOFI)$ $PayPal(PYPL)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/204927723749552","isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":204507898220768,"gmtCreate":1690962074724,"gmtModify":1690962080996,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"At least give me a 5% pop ..... !!&nbsp;","listText":"At least give me a 5% pop ..... !!&nbsp;","text":"At least give me a 5% pop ..... !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/204507898220768","repostId":"1199091195","repostType":2,"isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":202644777873616,"gmtCreate":1690512473696,"gmtModify":1690512476974,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"Sensible purchase, all other banks are heavily&nbsp;shorting SOFI to limit their growth. Let's see where does this bring us.!!&nbsp;","listText":"Sensible purchase, all other banks are heavily&nbsp;shorting SOFI to limit their growth. Let's see where does this bring us.!!&nbsp;","text":"Sensible purchase, all other banks are heavily shorting SOFI to limit their growth. Let's see where does this bring us.!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/202644777873616","repostId":"1164601490","repostType":2,"repost":{"id":"1164601490","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1690511987,"share":"https://ttm.financial/m/news/1164601490?lang=&edition=fundamental","pubTime":"2023-07-28 10:39","market":"us","language":"en","title":"Downgrade Aside, Cathie Wood Buys $1.2M Worth Of SoFi Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1164601490","media":"Benzinga","summary":"On Thursday, Cathie Wood-led Ark Invest made a significant purchase of SoFi Technologies Inc shares, amidst a volatile market environment for the company. This move comes in the wake ofMorgan Stanley’s recent downgradeof SoFi, citing overly optimistic expectations for the company’s banking business.The SoFi TradeArk Invest, through its Ark Fintech Innovation ETF  fund, purchased 133,191 shares of SoFi Technologies. The transaction was valued at $1.2 million based on the stock’s closing price of ","content":"<html><head></head><body><p>On Thursday, <strong>Cathie Wood</strong>-led <strong>Ark Invest</strong> made a significant purchase of <strong>SoFi Technologies Inc </strong>shares, amidst a volatile market environment for the company. This move comes in the wake ofMorgan Stanley’s recent downgradeof SoFi, citing overly optimistic expectations for the company’s banking business.</p><p style=\"text-align: start;\"><strong>The SoFi Trade</strong></p><p style=\"text-align: start;\">Ark Invest, through its <strong>Ark Fintech Innovation ETF (ARKF) </strong>fund, purchased 133,191 shares of SoFi Technologies. The transaction was valued at $1.2 million based on the stock’s closing price of $9.09.</p><p style=\"text-align: start;\">This decision comes despite Morgan Stanley’s analyst <strong>Jeffrey Adelson</strong> expressing concerns about the company’s banking business, suggesting it might not yield as high returns as initially anticipated.</p><p><strong>Other Key Trades:</strong></p><ul><li><p>Ark Invest’s <strong>ARK Genomic Revolution ETF (ARKG) </strong>fund bought 25,078 shares of <strong>Accolade Inc</strong>.</p></li><li><p>ARKG fund sold 916 shares of <strong>Surface Oncology Inc</strong>.</p></li></ul><p style=\"text-align: start;\">These trades reflect Ark Invest’s ongoing strategy of investing in innovative companies, while also adjusting its holdings based on market trends and company performance.</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>Downgrade Aside, Cathie Wood Buys $1.2M Worth Of SoFi Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDowngrade Aside, Cathie Wood Buys $1.2M Worth Of SoFi Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2023-07-28 10:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>On Thursday, <strong>Cathie Wood</strong>-led <strong>Ark Invest</strong> made a significant purchase of <strong>SoFi Technologies Inc </strong>shares, amidst a volatile market environment for the company. This move comes in the wake ofMorgan Stanley’s recent downgradeof SoFi, citing overly optimistic expectations for the company’s banking business.</p><p style=\"text-align: start;\"><strong>The SoFi Trade</strong></p><p style=\"text-align: start;\">Ark Invest, through its <strong>Ark Fintech Innovation ETF (ARKF) </strong>fund, purchased 133,191 shares of SoFi Technologies. The transaction was valued at $1.2 million based on the stock’s closing price of $9.09.</p><p style=\"text-align: start;\">This decision comes despite Morgan Stanley’s analyst <strong>Jeffrey Adelson</strong> expressing concerns about the company’s banking business, suggesting it might not yield as high returns as initially anticipated.</p><p><strong>Other Key Trades:</strong></p><ul><li><p>Ark Invest’s <strong>ARK Genomic Revolution ETF (ARKG) </strong>fund bought 25,078 shares of <strong>Accolade Inc</strong>.</p></li><li><p>ARKG fund sold 916 shares of <strong>Surface Oncology Inc</strong>.</p></li></ul><p style=\"text-align: start;\">These trades reflect Ark Invest’s ongoing strategy of investing in innovative companies, while also adjusting its holdings based on market trends and company performance.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SURF":"Surface Oncology","ARKK":"ARK Innovation ETF","SOFI":"SoFi Technologies Inc.","ACCD":"Accolade, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164601490","content_text":"On Thursday, Cathie Wood-led Ark Invest made a significant purchase of SoFi Technologies Inc shares, amidst a volatile market environment for the company. This move comes in the wake ofMorgan Stanley’s recent downgradeof SoFi, citing overly optimistic expectations for the company’s banking business.The SoFi TradeArk Invest, through its Ark Fintech Innovation ETF (ARKF) fund, purchased 133,191 shares of SoFi Technologies. The transaction was valued at $1.2 million based on the stock’s closing price of $9.09.This decision comes despite Morgan Stanley’s analyst Jeffrey Adelson expressing concerns about the company’s banking business, suggesting it might not yield as high returns as initially anticipated.Other Key Trades:Ark Invest’s ARK Genomic Revolution ETF (ARKG) fund bought 25,078 shares of Accolade Inc.ARKG fund sold 916 shares of Surface Oncology Inc.These trades reflect Ark Invest’s ongoing strategy of investing in innovative companies, while also adjusting its holdings based on market trends and company performance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":202103942512800,"gmtCreate":1690362640119,"gmtModify":1690362644124,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"Hmm.. Are you short?&nbsp;","listText":"Hmm.. Are you short?&nbsp;","text":"Hmm.. Are you short?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/202103942512800","repostId":"2354462003","repostType":4,"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":201606549373104,"gmtCreate":1690247728237,"gmtModify":1690247731653,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"Yes, just keep watching and recommend to buy once it hit $30.!&nbsp;","listText":"Yes, just keep watching and recommend to buy once it hit $30.!&nbsp;","text":"Yes, just keep watching and recommend to buy once it hit $30.!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201606549373104","repostId":"2353638193","repostType":2,"repost":{"id":"2353638193","pubTimestamp":1690244386,"share":"https://ttm.financial/m/news/2353638193?lang=&edition=fundamental","pubTime":"2023-07-25 08:19","market":"us","language":"en","title":"Keep NIO Stock on Your \"Watch List\" But Don’t Buy Yet","url":"https://stock-news.laohu8.com/highlight/detail?id=2353638193","media":"InvestorPlace","summary":"NIO stock appears to be ready to reverse higher, but it's not time for investors to buy shares yet. Here's why.","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8d189d2dc3c749d6d342ccf6fddec95\" tg-width=\"768\" tg-height=\"432\"/></p><p>Source: xiaorui / Shutterstock.com</p><p><strong>Nio</strong> (NYSE:<strong>NIO</strong>), a prominent player in the electric vehicle industry, has been a rollercoaster of a stock. The company’s shares have seen a considerable drop since their 2021 peak. Is now the time to start betting on a reversal in trend?</p><p>First, let’s talk company dynamics. NIO stock has been affected by China’s slow economic growth. In addition, the company’s gross margin, at a meager 1.5%, raises concerns about its ability to maintain profitability in a high capex industry like automobiles, especially when industry leaders like <strong>Tesla</strong> (NASDAQ:<strong>TSLA</strong>) are pushing margins down.</p><p>However, the company’s shares have started to recover, gaining over 35% since the end of May 2023. This sudden increase can be attributed to Nio’s strategic decision to slash its vehicle prices, following the trend set by Tesla and other EV manufacturers. General optimism around equities that we saw in June into July also has helped.</p><h2 id=\"id_2538979766\">Nio’s Deliveries: A Mixed Bag</h2><p>Nio’s deliveries have faced a year-over-year decline in both June and Q2 of 2023, which is a significant factor behind reduced investor interest. In June 2023, it delivered only 10,707 vehicles compared to 12,961 in June 2022, marking a 17.4% YOY decrease. The Q2 deliveries also declined 6.1% YOY, with 23,520 vehicles delivered.</p><p>However, it’s worth noting that despite multiple setbacks due to Covid-19 lockdowns, Nio managed to deliver a record number of vehicles in Q4 2022, marking a 51% YOY increase. The company’s annual deliveries in 2022 also saw a 34% rise over 2021, indicating a strong recovery potential.</p><h2 id=\"id_2102207073\">Nio’s Financial Health: A Cause for Concern</h2><p>Despite its growth prospects, Nio’s financial health raises some red flags. The company’s Q1 2023 gross margin fell to just 1.5% from 14.6% in the same quarter of 2022. With Nio and other premium EV manufacturers already offering generous price discounts, this price war could pressure Nio’s profitability further.</p><p>Adding to the worry is NIO’s Q1 2023 net loss of $690 million, which has significantly reduced its cash reserves. Nonetheless, a strategic $1.1 billion investment from an Abu Dhabi government fund in June 2023 aimed at funding its international growth has provided a much-needed boost to its financial resources.</p><h2 id=\"id_3538536049\">Nio’s Future Prospects: A Ray of Hope</h2><p>Despite the challenges, NIO’s prospects look promising. Its focus on innovative technologies such as battery swapping, autonomous driving, and an AI-driven digital cockpit could attract new buyers. This in turn will fuel its revenue growth.</p><p>Moreover, Nio’s expansion into several European countries and its introduction of new EV models are expected to drive increased sales in 2023-2024. The company also plans to have five new models by mid-2023, as it aims to capture a larger share of China’s EV market.</p><h2 id=\"id_2942372352\">NIO Stock: To Buy or Not to Buy?</h2><p>While Nio’s growth and opportunities make it an attractive investment prospect, it’s not quite a “buy” situation yet. The company’s price-to-sales multiple stands at an attractive 2.4x, the lowest since 2019, but the company’s lack of profitability and the risks posed by the ongoing price war in the EV industry make it a high-risk investment.</p><p>A lot remains to be seen with NIO stock, and the broad market environment looks challenged to me. Still, it’s one to keep on a watch list.</p></body></html>","source":"investorplace_stock_picks","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>Keep NIO Stock on Your \"Watch List\" But Don’t Buy Yet</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\">\nKeep NIO Stock on Your \"Watch List\" But Don’t Buy Yet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-25 08:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/07/keep-nio-stock-on-your-watch-list-but-dont-buy-yet/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Source: xiaorui / Shutterstock.comNio (NYSE:NIO), a prominent player in the electric vehicle industry, has been a rollercoaster of a stock. The company’s shares have seen a considerable drop since ...</p>\n\n<a href=\"https://investorplace.com/2023/07/keep-nio-stock-on-your-watch-list-but-dont-buy-yet/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4509":"腾讯概念","09866":"蔚来-SW","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","BK4527":"明星科技股","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4588":"碎股","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4526":"热门中概股","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","NIO":"蔚来","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4574":"无人驾驶","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","BK4504":"桥水持仓","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4548":"巴美列捷福持仓","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","TSLA":"特斯拉","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4532":"文艺复兴科技持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4531":"中概回港概念","NIO.SI":"蔚来","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4534":"瑞士信贷持仓","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4585":"ETF&股票定投概念","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0052750758.USD":"富兰克林中国基金A Acc","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD"},"source_url":"https://investorplace.com/2023/07/keep-nio-stock-on-your-watch-list-but-dont-buy-yet/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2353638193","content_text":"Source: xiaorui / Shutterstock.comNio (NYSE:NIO), a prominent player in the electric vehicle industry, has been a rollercoaster of a stock. The company’s shares have seen a considerable drop since their 2021 peak. Is now the time to start betting on a reversal in trend?First, let’s talk company dynamics. NIO stock has been affected by China’s slow economic growth. In addition, the company’s gross margin, at a meager 1.5%, raises concerns about its ability to maintain profitability in a high capex industry like automobiles, especially when industry leaders like Tesla (NASDAQ:TSLA) are pushing margins down.However, the company’s shares have started to recover, gaining over 35% since the end of May 2023. This sudden increase can be attributed to Nio’s strategic decision to slash its vehicle prices, following the trend set by Tesla and other EV manufacturers. General optimism around equities that we saw in June into July also has helped.Nio’s Deliveries: A Mixed BagNio’s deliveries have faced a year-over-year decline in both June and Q2 of 2023, which is a significant factor behind reduced investor interest. In June 2023, it delivered only 10,707 vehicles compared to 12,961 in June 2022, marking a 17.4% YOY decrease. The Q2 deliveries also declined 6.1% YOY, with 23,520 vehicles delivered.However, it’s worth noting that despite multiple setbacks due to Covid-19 lockdowns, Nio managed to deliver a record number of vehicles in Q4 2022, marking a 51% YOY increase. The company’s annual deliveries in 2022 also saw a 34% rise over 2021, indicating a strong recovery potential.Nio’s Financial Health: A Cause for ConcernDespite its growth prospects, Nio’s financial health raises some red flags. The company’s Q1 2023 gross margin fell to just 1.5% from 14.6% in the same quarter of 2022. With Nio and other premium EV manufacturers already offering generous price discounts, this price war could pressure Nio’s profitability further.Adding to the worry is NIO’s Q1 2023 net loss of $690 million, which has significantly reduced its cash reserves. Nonetheless, a strategic $1.1 billion investment from an Abu Dhabi government fund in June 2023 aimed at funding its international growth has provided a much-needed boost to its financial resources.Nio’s Future Prospects: A Ray of HopeDespite the challenges, NIO’s prospects look promising. Its focus on innovative technologies such as battery swapping, autonomous driving, and an AI-driven digital cockpit could attract new buyers. This in turn will fuel its revenue growth.Moreover, Nio’s expansion into several European countries and its introduction of new EV models are expected to drive increased sales in 2023-2024. The company also plans to have five new models by mid-2023, as it aims to capture a larger share of China’s EV market.NIO Stock: To Buy or Not to Buy?While Nio’s growth and opportunities make it an attractive investment prospect, it’s not quite a “buy” situation yet. The company’s price-to-sales multiple stands at an attractive 2.4x, the lowest since 2019, but the company’s lack of profitability and the risks posed by the ongoing price war in the EV industry make it a high-risk investment.A lot remains to be seen with NIO stock, and the broad market environment looks challenged to me. Still, it’s one to keep on a watch list.","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196776714272776,"gmtCreate":1689077074883,"gmtModify":1689082557515,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"Where are you guys coming from? How can seeking alpha&nbsp;publish such fear mongering rubbish?&nbsp;","listText":"Where are you guys coming from? How can seeking alpha&nbsp;publish such fear mongering rubbish?&nbsp;","text":"Where are you guys coming from? How can seeking alpha publish such fear mongering rubbish?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/196776714272776","repostId":"2350150577","repostType":4,"repost":{"id":"2350150577","pubTimestamp":1689089244,"share":"https://ttm.financial/m/news/2350150577?lang=&edition=fundamental","pubTime":"2023-07-11 23:27","market":"us","language":"en","title":"CPI Preview: Disinflation Is Finished - Inflation To Start Rising Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2350150577","media":"Seekingalpha","summary":"When inflation is rising, the Federal Funds rate  always is above the core PCE . But more importantly, near the peaks in inflation, the Fed would accelerate the hikes - well above the PCE inflation. That's how you win the race.For example, in March 1980, the Fed hiked from 14% to 17%, while core PCE was at a peak of 9.3%.And now let's look at the current situation. The Fed let inflation get ahead by far in 2022 by wrongly assuming that the inflationary spike was \"transitory.\" The Fed finally cau","content":"<html><head></head><body><h2 id=\"id_1040294062\">Inflation fight - The last 100 meters</h2><p>BIS Annual Economic Report 2023 discusses the macro challenges with &#34;last mile&#34; inflation fight, and states that &#34;the next phase of disinflation may become more difficult.&#34;</p><p>The concept of &#34;last mile&#34; is likely based on a marathon. I competed in 400M/800M events, so I&#39;m familiar with the &#34;last 100m&#34; concept - that&#39;s when the lactic acid kicks in and the legs get heavy, but you have to keep moving.</p><p>I was coached by Que McMaster who worked with the great Micheal Johnson (four Olympic gold medals) in his early days at Baylor, and he had a scientific approach to the &#34;last 100m&#34; problem. The data showed that you can sprint at max speed for 20-25 seconds without triggering lactic acid, so you start really fast, and then you switch into the &#34;glide mode.&#34; The secret was to switch from the &#34;glide mode&#34; to the &#34;finish mode&#34; efficiently, so you can cross the finish line at full speed - without ever triggering lactic acid. The strategy was to get ahead of the competition, and if they never catch up, you win, and if they do catch up, you have enough energy to switch into the higher gear in the last 100m and still win.</p><h2 id=\"id_2395002047\">The Fed is doing it all wrong</h2><p>The Fed is essentially in a race against inflation. Drawing lessons from McMaster&#39;s race strategy, the Fed is supposed to get ahead of inflation - and if inflation accelerates, shift into a more aggressive tightening mode until the clear victory. In fact, that was exactly the Fed&#39;s strategy in the 1970s/early 1980s. Here&#39;s the graph that shows core PCE inflation (in blue) and effective Federal Funds rate (in red):</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ecb07668513c546a65cf80bab6bd6b69\" tg-width=\"640\" tg-height=\"273\"/></p><p>FRED</p><p>What do we see? When inflation is rising, the Federal Funds rate (red) always is above the core PCE (blue). But more importantly, near the peaks in inflation, the Fed would accelerate the hikes - well above the PCE inflation. That&#39;s how you win the race.</p><p>For example, in March 1980, the Fed hiked from 14% to 17%, while core PCE was at a peak of 9.3%.</p><p>And now let&#39;s look at the current situation. The Fed let inflation get ahead by far in 2022 by wrongly assuming that the inflationary spike was &#34;transitory.&#34; The Fed finally caught up with inflation in May 2023 - and then paused? What a mistake. Why? Because it appears that inflation is about to turn higher. It appears that inflation is being coached by McMaster. So, the &#34;last 100m&#34; of this race will be very interesting.</p><h2 id=\"id_1551354841\">Is inflation turning higher?</h2><p>The BLS will release the inflation data for June 2023. These are the expectations:</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a2f496f0dbe4ef7c27b5d5e3f7f4e94\" tg-width=\"640\" tg-height=\"186\"/></p><p>Trading Economics</p><p>So, the headline inflation is expected to sharply fall to 3.1%, but the month-over-month inflation is expected to rise to 0.3%. Core CPI is expected to slightly fall to 5%, while the month-over is also expected at 0.3%.</p><p>The Cleveland Fed Inflation Nowcast predicts slightly higher numbers for June, with CPI at 3.2%, and core CPI at 5.1%, with a 0.4% month-over-month increase for both. Thus, we could get a higher-than-expected number for June.</p><table style=\"border-collapse:collapse;\"><tbody><tr><td style=\"text-align:left;\"><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c931382bcb41e7c48d63f5b6a122dc22\" tg-width=\"522\" tg-height=\"237\"/></p><p>Cleveland Fed</p></td><td style=\"text-align:left;\"><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f31204265451c2e58dbfa0e9f64b130c\" tg-width=\"532\" tg-height=\"239\"/></p><p>Cleveland Fed</p></td></tr></tbody></table><p>But, more importantly, Nowcast predicts higher CPI and core CPI for July at 3.6% and 5.2%, respectively. Even more worrisome is the constant 0.4% month-over-month increase for the core CPI, which is consistent with a steady 5% annual core inflation.</p><p>In fact, the annualized quarterly inflation for Q3 is expected to rise to 4.42% from 3% - that&#39;s a sharp upturn in inflation.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1a799a5b1d21f1242625628e196af499\" tg-width=\"640\" tg-height=\"176\"/></p><p>Cleveland Fed</p><h2 id=\"id_990055891\">Why is inflation rising again?</h2><p>First, inflation is estimated as a 12-month year-over-year increase in prices - so each month you delete the month a year ago from the calculation. Well, last year there was a spike in energy/food prices due to the war in Ukraine, and the peak was in June, so the inflation number for July deletes the June 2022 number - that&#39;s the base effect for the headline CPI, and it looks like this (the big bar is out of the picture for July):</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7196f73499cdc312dfa5f10d6fcc74db\" tg-width=\"640\" tg-height=\"275\"/></p><p>Trading Economics</p><p>And this is the month-over-month inflation for core CPI:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b926d12d7445010f0e24578383effa7\" tg-width=\"640\" tg-height=\"264\"/></p><p>Trading Economics</p><p>The most important data to look at is the fact that over the last six months, the month-over-month core CPI inflation was steady at 0.4%, which is expected to hold for at least the next two months, based on Nowcast. That&#39;s consistent with over 5% annual core CPI - while the target is 2%.</p><p>So, once the base effects are out, we are facing the &#34;last mile&#34; or the &#34;last 100m,&#34; and BIS said this will be a very difficult race. Specifically, BIS is very concerned that there could be a price-wage inflationary spiral in making. When looking at the totality of data, BIS concludes that there&#39;s a high risk of a transition to the 1970s-like high-inflationary mode. More info here.</p><h2 id=\"id_2346461144\">What does the Fed need to do now?</h2><p>The Fed started the race from behind and has been trying to catch up. In order to win the race, the Fed needs to accelerate the monetary policy tightening, well above what is currently expected. Just look at the chart provided above, the red line has to be well above the blue line, there&#39;s no other way. In other words, the Fed might need to surprise the market with a 50bpt hike in July. That&#39;s the transition to the &#34;finish mode,&#34; and that&#39;s what worked in the 1970s. The Taylor rule tool also suggests that the Federal Funds rate should currently be somewhere between 6.6-7.2%.</p><p>The race is over when we see a consistent 0.1%, 0.2% in core PCE for several months. Unfortunately, this might require a very sharp increase in the unemployment rate, possibly above 6%-7%.</p><h2 id=\"id_3478179582\">Implications</h2><p>This is the Fed&#39;s strategy for the &#34;last mile&#34; or &#34;last 100m&#34; of the inflation race: stay behind and wait for inflation to get &#34;tired,&#34; or wait for inflation to get &#34;the lactic acid&#34; and just die out.</p><p>This strategy is unlikely to work, and the Fed will be forced to be more aggressive - to shift into the &#34;finish mode.&#34; However, this will likely cause a deep recession. In fact, there are already signs that growth is stalling or contracting based on the real GDI measure, and yet inflation is expected to turn higher after the June reading.</p><p>The BIS report is particularly worried about the housing sector if the Fed is forced to hike 200bpt above the May rate to above 6%. In this scenario, the housing prices would drop below their 2012 level or more than 33% from the peak. This might be required to bring inflation to 2%.</p><p>The financial sector (XLF) is at the center of the upcoming crisis, given the expected fall in housing prices, and the expected solvency issues in the commercial real estate (XLRE).</p><p>Regional banks (KRE) are likely to be most vulnerable, given their heavy exposure to commercial real estate and mortgages. In addition, the further expected increase in the Federal Funds rate will continue to increase their cost of capital and accelerate the deposit outflows. Thus, it&#39;s likely that many more regional banks would fail.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CPI Preview: Disinflation Is Finished - Inflation To Start Rising Again</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\">\nCPI Preview: Disinflation Is Finished - Inflation To Start Rising Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-11 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4616102-cpi-preview-disinflation-finished-inflation-to-start-rising-again><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Inflation fight - The last 100 metersBIS Annual Economic Report 2023 discusses the macro challenges with \"last mile\" inflation fight, and states that \"the next phase of disinflation may become more ...</p>\n\n<a href=\"https://seekingalpha.com/article/4616102-cpi-preview-disinflation-finished-inflation-to-start-rising-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/article/4616102-cpi-preview-disinflation-finished-inflation-to-start-rising-again","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2350150577","content_text":"Inflation fight - The last 100 metersBIS Annual Economic Report 2023 discusses the macro challenges with \"last mile\" inflation fight, and states that \"the next phase of disinflation may become more difficult.\"The concept of \"last mile\" is likely based on a marathon. I competed in 400M/800M events, so I'm familiar with the \"last 100m\" concept - that's when the lactic acid kicks in and the legs get heavy, but you have to keep moving.I was coached by Que McMaster who worked with the great Micheal Johnson (four Olympic gold medals) in his early days at Baylor, and he had a scientific approach to the \"last 100m\" problem. The data showed that you can sprint at max speed for 20-25 seconds without triggering lactic acid, so you start really fast, and then you switch into the \"glide mode.\" The secret was to switch from the \"glide mode\" to the \"finish mode\" efficiently, so you can cross the finish line at full speed - without ever triggering lactic acid. The strategy was to get ahead of the competition, and if they never catch up, you win, and if they do catch up, you have enough energy to switch into the higher gear in the last 100m and still win.The Fed is doing it all wrongThe Fed is essentially in a race against inflation. Drawing lessons from McMaster's race strategy, the Fed is supposed to get ahead of inflation - and if inflation accelerates, shift into a more aggressive tightening mode until the clear victory. In fact, that was exactly the Fed's strategy in the 1970s/early 1980s. Here's the graph that shows core PCE inflation (in blue) and effective Federal Funds rate (in red):FREDWhat do we see? When inflation is rising, the Federal Funds rate (red) always is above the core PCE (blue). But more importantly, near the peaks in inflation, the Fed would accelerate the hikes - well above the PCE inflation. That's how you win the race.For example, in March 1980, the Fed hiked from 14% to 17%, while core PCE was at a peak of 9.3%.And now let's look at the current situation. The Fed let inflation get ahead by far in 2022 by wrongly assuming that the inflationary spike was \"transitory.\" The Fed finally caught up with inflation in May 2023 - and then paused? What a mistake. Why? Because it appears that inflation is about to turn higher. It appears that inflation is being coached by McMaster. So, the \"last 100m\" of this race will be very interesting.Is inflation turning higher?The BLS will release the inflation data for June 2023. These are the expectations:Trading EconomicsSo, the headline inflation is expected to sharply fall to 3.1%, but the month-over-month inflation is expected to rise to 0.3%. Core CPI is expected to slightly fall to 5%, while the month-over is also expected at 0.3%.The Cleveland Fed Inflation Nowcast predicts slightly higher numbers for June, with CPI at 3.2%, and core CPI at 5.1%, with a 0.4% month-over-month increase for both. Thus, we could get a higher-than-expected number for June.Cleveland FedCleveland FedBut, more importantly, Nowcast predicts higher CPI and core CPI for July at 3.6% and 5.2%, respectively. Even more worrisome is the constant 0.4% month-over-month increase for the core CPI, which is consistent with a steady 5% annual core inflation.In fact, the annualized quarterly inflation for Q3 is expected to rise to 4.42% from 3% - that's a sharp upturn in inflation.Cleveland FedWhy is inflation rising again?First, inflation is estimated as a 12-month year-over-year increase in prices - so each month you delete the month a year ago from the calculation. Well, last year there was a spike in energy/food prices due to the war in Ukraine, and the peak was in June, so the inflation number for July deletes the June 2022 number - that's the base effect for the headline CPI, and it looks like this (the big bar is out of the picture for July):Trading EconomicsAnd this is the month-over-month inflation for core CPI:Trading EconomicsThe most important data to look at is the fact that over the last six months, the month-over-month core CPI inflation was steady at 0.4%, which is expected to hold for at least the next two months, based on Nowcast. That's consistent with over 5% annual core CPI - while the target is 2%.So, once the base effects are out, we are facing the \"last mile\" or the \"last 100m,\" and BIS said this will be a very difficult race. Specifically, BIS is very concerned that there could be a price-wage inflationary spiral in making. When looking at the totality of data, BIS concludes that there's a high risk of a transition to the 1970s-like high-inflationary mode. More info here.What does the Fed need to do now?The Fed started the race from behind and has been trying to catch up. In order to win the race, the Fed needs to accelerate the monetary policy tightening, well above what is currently expected. Just look at the chart provided above, the red line has to be well above the blue line, there's no other way. In other words, the Fed might need to surprise the market with a 50bpt hike in July. That's the transition to the \"finish mode,\" and that's what worked in the 1970s. The Taylor rule tool also suggests that the Federal Funds rate should currently be somewhere between 6.6-7.2%.The race is over when we see a consistent 0.1%, 0.2% in core PCE for several months. Unfortunately, this might require a very sharp increase in the unemployment rate, possibly above 6%-7%.ImplicationsThis is the Fed's strategy for the \"last mile\" or \"last 100m\" of the inflation race: stay behind and wait for inflation to get \"tired,\" or wait for inflation to get \"the lactic acid\" and just die out.This strategy is unlikely to work, and the Fed will be forced to be more aggressive - to shift into the \"finish mode.\" However, this will likely cause a deep recession. In fact, there are already signs that growth is stalling or contracting based on the real GDI measure, and yet inflation is expected to turn higher after the June reading.The BIS report is particularly worried about the housing sector if the Fed is forced to hike 200bpt above the May rate to above 6%. In this scenario, the housing prices would drop below their 2012 level or more than 33% from the peak. This might be required to bring inflation to 2%.The financial sector (XLF) is at the center of the upcoming crisis, given the expected fall in housing prices, and the expected solvency issues in the commercial real estate (XLRE).Regional banks (KRE) are likely to be most vulnerable, given their heavy exposure to commercial real estate and mortgages. In addition, the further expected increase in the Federal Funds rate will continue to increase their cost of capital and accelerate the deposit outflows. Thus, it's likely that many more regional banks would fail.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193252176670880,"gmtCreate":1688210237589,"gmtModify":1688210242452,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"Let's go NIO..... Fly....!&nbsp;","listText":"Let's go NIO..... Fly....!&nbsp;","text":"Let's go NIO..... Fly....!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193252176670880","repostId":"1149382350","repostType":4,"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192823035637912,"gmtCreate":1688105582485,"gmtModify":1688105914317,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"It's time to rocket up.... SOFI, let's do it and burn the short sellers like NVDA and TSLA did...!!!&nbsp;","listText":"It's time to rocket up.... SOFI, let's do it and burn the short sellers like NVDA and TSLA did...!!!&nbsp;","text":"It's time to rocket up.... SOFI, let's do it and burn the short sellers like NVDA and TSLA did...!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192823035637912","repostId":"1166123787","repostType":4,"repost":{"id":"1166123787","pubTimestamp":1688102379,"share":"https://ttm.financial/m/news/1166123787?lang=&edition=fundamental","pubTime":"2023-06-30 13:19","market":"us","language":"en","title":"SOFI Stock Short Interest Hits New High Ahead of SCOTUS Decision","url":"https://stock-news.laohu8.com/highlight/detail?id=1166123787","media":"InvestorPlace","summary":"It’s certainly possible, as SOFI stock is up by about 100% this year.","content":"<html><head></head><body><ul><li><p>Experts believe the Supreme Court will soon decide on the legality of President Joe Biden’s student loan forgiveness plan.</p></li><li><p>This decision will affect <strong>SoFi</strong> (<strong><u>SOFI</u></strong>), which currently carries its highest short interest this year.</p></li><li><p>SOFI stock is up by about 100% this year.</p></li></ul><p>The Supreme Court is expected to make a decision on President Joe Biden’s student loan forgiveness plan. Unveiled last August, Biden’s plan seeks to reduce the debt load for Pell Grant recipients by $20,000, while borrowers earning less than $125,000 per year are eligible to see a reduction of $10,000. However, the plan received heavy opposition in the form of litigation from Republican states, which put it on halt.</p><p style=\"text-align: start;\">During the first quarter, student loans accounted for $525 million, or approximately 15%, of <strong>SoFi’s</strong> (NASDAQ: <strong><u>SOFI</u></strong>) total origination volume. The passage of Biden’s plan would harm SoFi’s student loan and student loan refinancing business by reducing loan volume.</p><h2 style=\"text-align: start;\">SOFI Stock Short Interest at Year-to-Date High</h2><p style=\"text-align: start;\">Meanwhile, SoFi’s short interest has ballooned to a yearly high of 16.2% based on the latest available data. That’s equivalent to 132.45 million shares sold short that would take 2.7 days to fully cover. SoFi’s short interest, compared to its last reading of 14.2%, has risen by 19.9%. Furthermore, SoFi is experiencing its highest short interest since the reading of 16.8% last August. Generally, a short interest above 10% is considered high, while a short interest above 20% is considered very high.</p><p style=\"text-align: start;\">At the same time, SoFi’s cost-to-borrow (CTB) fee has remained steady for the past two weeks and currently tallies in at just 0.41%. The average CTB fee for stock ranges between 0.3% and 3%. A higher CTB fee indicates increased short seller demand, while a lower fee signals the opposite. A higher fee could also influence short sellers to sell out by buying shares of the underlying stock in an attempt to escape the high fee.</p><p style=\"text-align: start;\">These two figures are likely to swing dramatically following the Supreme Court’s student loan forgiveness decision.</p><p style=\"text-align: start;\">On the other hand, SoFi will be a recipient of a positive catalyst once student loan payments are resumed as a whole in October. The moratorium, which began at the height of the coronavirus pandemic, will resume billions of dollars of payments.</p><p style=\"text-align: start;\">So, has this news already been priced in? It’s certainly possible, as SOFI stock is up by about 100% this year.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SOFI Stock Short Interest Hits New High Ahead of SCOTUS Decision</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\">\nSOFI Stock Short Interest Hits New High Ahead of SCOTUS Decision\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-30 13:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/06/sofi-stock-short-interest-hits-new-high-ahead-of-scotus-decision/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Experts believe the Supreme Court will soon decide on the legality of President Joe Biden’s student loan forgiveness plan.This decision will affect SoFi (SOFI), which currently carries its highest ...</p>\n\n<a href=\"https://investorplace.com/2023/06/sofi-stock-short-interest-hits-new-high-ahead-of-scotus-decision/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"source_url":"https://investorplace.com/2023/06/sofi-stock-short-interest-hits-new-high-ahead-of-scotus-decision/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166123787","content_text":"Experts believe the Supreme Court will soon decide on the legality of President Joe Biden’s student loan forgiveness plan.This decision will affect SoFi (SOFI), which currently carries its highest short interest this year.SOFI stock is up by about 100% this year.The Supreme Court is expected to make a decision on President Joe Biden’s student loan forgiveness plan. Unveiled last August, Biden’s plan seeks to reduce the debt load for Pell Grant recipients by $20,000, while borrowers earning less than $125,000 per year are eligible to see a reduction of $10,000. However, the plan received heavy opposition in the form of litigation from Republican states, which put it on halt.During the first quarter, student loans accounted for $525 million, or approximately 15%, of SoFi’s (NASDAQ: SOFI) total origination volume. The passage of Biden’s plan would harm SoFi’s student loan and student loan refinancing business by reducing loan volume.SOFI Stock Short Interest at Year-to-Date HighMeanwhile, SoFi’s short interest has ballooned to a yearly high of 16.2% based on the latest available data. That’s equivalent to 132.45 million shares sold short that would take 2.7 days to fully cover. SoFi’s short interest, compared to its last reading of 14.2%, has risen by 19.9%. Furthermore, SoFi is experiencing its highest short interest since the reading of 16.8% last August. Generally, a short interest above 10% is considered high, while a short interest above 20% is considered very high.At the same time, SoFi’s cost-to-borrow (CTB) fee has remained steady for the past two weeks and currently tallies in at just 0.41%. The average CTB fee for stock ranges between 0.3% and 3%. A higher CTB fee indicates increased short seller demand, while a lower fee signals the opposite. A higher fee could also influence short sellers to sell out by buying shares of the underlying stock in an attempt to escape the high fee.These two figures are likely to swing dramatically following the Supreme Court’s student loan forgiveness decision.On the other hand, SoFi will be a recipient of a positive catalyst once student loan payments are resumed as a whole in October. The moratorium, which began at the height of the coronavirus pandemic, will resume billions of dollars of payments.So, has this news already been priced in? It’s certainly possible, as SOFI stock is up by about 100% this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185343185744000,"gmtCreate":1686289083732,"gmtModify":1686289088913,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"Good.. Will it rip up today?&nbsp;","listText":"Good.. Will it rip up today?&nbsp;","text":"Good.. Will it rip up today?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185343185744000","repostId":"1143054987","repostType":2,"repost":{"id":"1143054987","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1686288864,"share":"https://ttm.financial/m/news/1143054987?lang=&edition=fundamental","pubTime":"2023-06-09 13:34","market":"us","language":"en","title":"TSMC Reports Revenue for May Approximately NT$176.54B, a Decrease of 4.9% YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=1143054987","media":"Tiger Newspress","summary":"TSMC today announced its net revenue for May 2023: On a consolidated basis, revenue for May 2023 was","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TSM\">TSMC</a> today announced its net revenue for May 2023: On a consolidated basis, revenue for May 2023 was approximately NT$176.54 billion, an increase of 19.4 percent from April 2023 and a decrease of 4.9 percent from May 2022. Revenue for January through May 2023 totaled NT$833.07 billion, a decrease of 1.9 percent compared to the same period in 2022.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e58f27cad50e263b4945ed21cfe77322\" tg-width=\"1028\" tg-height=\"193\"/></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>TSMC Reports Revenue for May Approximately NT$176.54B, a Decrease of 4.9% YoY</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\">\nTSMC Reports Revenue for May Approximately NT$176.54B, a Decrease of 4.9% YoY\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-06-09 13:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/TSM\">TSMC</a> today announced its net revenue for May 2023: On a consolidated basis, revenue for May 2023 was approximately NT$176.54 billion, an increase of 19.4 percent from April 2023 and a decrease of 4.9 percent from May 2022. Revenue for January through May 2023 totaled NT$833.07 billion, a decrease of 1.9 percent compared to the same period in 2022.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e58f27cad50e263b4945ed21cfe77322\" tg-width=\"1028\" tg-height=\"193\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143054987","content_text":"TSMC today announced its net revenue for May 2023: On a consolidated basis, revenue for May 2023 was approximately NT$176.54 billion, an increase of 19.4 percent from April 2023 and a decrease of 4.9 percent from May 2022. Revenue for January through May 2023 totaled NT$833.07 billion, a decrease of 1.9 percent compared to the same period in 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184954656616560,"gmtCreate":1686194412379,"gmtModify":1686194417390,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"What are you guys are smoking? Absolute crap!&nbsp;","listText":"What are you guys are smoking? Absolute crap!&nbsp;","text":"What are you guys are smoking? Absolute crap!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184954656616560","repostId":"2341205384","repostType":4,"repost":{"id":"2341205384","pubTimestamp":1686193506,"share":"https://ttm.financial/m/news/2341205384?lang=&edition=fundamental","pubTime":"2023-06-08 11:05","market":"us","language":"en","title":"Meta Platforms: Do Not Sell Now Ahead Of Explosive Upside","url":"https://stock-news.laohu8.com/highlight/detail?id=2341205384","media":"Seekingalpha","summary":"grinvalds/iStock via Getty Images Meta Platforms (NASDAQ:META) has finally found its groove. Just one year ago, between META, Alphabet (GOOG, GOOGL), and Amazon (AMZN), I would have not expected META ","content":"<html><head></head><body><h2 style=\"text-align: left;\">Summary</h2><ul><li><p>Meta Platforms is up well over triple-digits from lows.</p></li><li><p>The company is showing resilient revenue and user growth in spite of a tough macro environment and stiff competition.</p></li><li><p>I discuss the potential ramifications of the shift in capital allocation strategy.</p></li><li><p>The stock remains deeply undervalued, in light of the rapidly evolving thesis - I reiterate my strong buy rating.</p></li></ul><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> has finally found its groove. Just one year ago, between META, Alphabet (GOOG, GOOGL), and <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>, I would have not expected META to be the strongest performing stock. META seemed to have the highest risk due to its market positioning, but the stock has nonetheless outperformed due to management&#39;s surprisingly aggressive commitment to operational efficiencies. After a thunderous rally from the lows, META stock might not look so cheap anymore based on trailing earnings, but earnings are set for considerable growth as the company reaps the benefits of a leaner cost structure. I am also warming up to the long-term opportunity of the metaverse, and management appears to have struck an optimal balance between investing for growth and doing right by shareholders. The hardest part in investing can oftentimes be holding on to one&#39;s winners, especially as the stock price rewards a developing thesis. I reiterate my strong buy rating for the stock.</p><h2>META Stock Price</h2><p>It may be hard to believe, but META has made up much of the losses it suffered during the tech crash.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5a33c4a74f91dfaa16e62b35cb64dccb\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"417\"/><span>Data by YCharts</span></p><p>I last covered META in March where I rated the stock a strong buy even as the stock was already up triple digits from the lows. The stock has since returned another 38%, but I continue to maintain my bullishness. The stock should never have gotten as low as it did, and it is now making up ground.</p><h2>META Stock Key Metrics</h2><p>In its most recent quarter, META delivered surprisingly resilient growth, with revenues growing 2.6% to $28.6 billion. That came above the high end of management&#39;s guidance of $26 billion to $28.5 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb4e42d3d8180be03f6e8f05689f9eec\" alt=\"2023 Q1 Presentation\" title=\"2023 Q1 Presentation\" tg-width=\"640\" tg-height=\"309\"/><span>2023 Q1 Presentation</span></p><p>The operating margin declined 600 bps to 25%, but that included 400 bps of headwinds from restructuring charges. Management noted that they expect to record around $1 billion of restructuring charges as a result of the layoffs announced in March. The company recognized $523 million of those charges in this past quarter.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/65e1cce5fac934451e11ff937d0b251f\" alt=\"2023 Q1 Presentation\" title=\"2023 Q1 Presentation\" tg-width=\"640\" tg-height=\"194\"/><span>2023 Q1 Presentation</span></p><p>Excluding the restructuring charges recognized in the quarter, diluted EPS would have been 20% higher at $2.64. Operating margin would have declined by only 100 bps, which is arguably a strong result considering that Reality Labs losses increased by $1 billion.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eac770b3f54cf622057994064024c015\" alt=\"2023 Q1 Presentation\" title=\"2023 Q1 Presentation\" tg-width=\"640\" tg-height=\"322\"/><span>2023 Q1 Presentation</span></p><p>META also showed solid business fundamentals, with Facebook monthly active users (&#39;MAUs&#39;) growing 0.9% sequentially. It was only four quarters ago that MAUs declined sequentially, and the market seemingly gave up on the stock.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6d821628a07ffa1eb8c521948a943484\" alt=\"2023 Q1 Presentation\" title=\"2023 Q1 Presentation\" tg-width=\"640\" tg-height=\"297\"/><span>2023 Q1 Presentation</span></p><p>Also impressive, META was able to slightly increase its average revenue per user (&#39;ARPU&#39;) on a worldwide basis. These are very strong results considering the tough macro environment.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7a6871400add0cecc4cd5e9e73763b6\" alt=\"2023 Q1 Presentation\" title=\"2023 Q1 Presentation\" tg-width=\"640\" tg-height=\"297\"/><span>2023 Q1 Presentation</span></p><p>META had previously been seeing considerable headwinds from its increasing adoption of Reels, as the new video format has a lower rate of monetization. On the conference call, management cited the &#34;structural supply constraints&#34; due to the greater engagement associated with Reels, but is still guiding for Reels to be neutral to revenues within three to four quarters.</p><p>The company generated $6.9 billion in free cash flow in the quarter yet repurchased $9.22 billion of stock - showing clearly management&#39;s commitment to the share repurchase program.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d65f7d56be2fb1a8656963ca586c068\" alt=\"2023 Q1 Presentation\" title=\"2023 Q1 Presentation\" tg-width=\"640\" tg-height=\"260\"/><span>2023 Q1 Presentation</span></p><p>META ended the quarter with $37.44 billion of cash versus $9.92 billion of debt, as well as $6.2 billion in privately held securities. Management made a surprising and somewhat overlooked comment regarding their capital structure, stating intentions to maintain a &#34;positive or neutral net cash balance over time.&#34; In plain English, that means that management is willing to issue debt to fund accelerated share repurchases. For an illustration of how much this could boost the stock price, just look at the tape action of Apple (AAPL). If investors were concerned that heavy investment in Reality Labs would take away from shareholder returns, then those concerns have now been thoroughly addressed.</p><p>Looking ahead, management has guided for revenue between $29.5 and $32 billion. The high end of that range implies double-digit YOY growth, with management justified as being due to the fact that this will be the first comparable quarter without Russian revenues.</p><p>Management reduced their full-year operating expense guidance to between $86 and $90 billion, which is inclusive of $3 to $5 billion of restructuring costs and is down from the $89 to $95 billion range given in March. I note that two quarters ago, the expense outlook was a range of $96 to $101 billion.</p><p>Yet, management did not stop there. Management committed to maintaining a lean-operations mindset moving forward, stating that a slower pace of hiring and flattened management structure &#34;will improve the speed and quality of our work.&#34; The exception appears to be in the company&#39;s Reality Labs and artificial intelligence operations. Management noted that these two areas would be the primary areas of future hiring and represent their top two core priorities. Management noted that more than 20% of content in Facebook and Instagram feeds are recommended by AI, representing content from accounts that one doesn&#39;t follow. I view that metric as being highly relevant in showing that the company has been able to move past the data privacy changes by iOS in the past, as it may be able to eventually drive its content generation primarily from in-app use. Management estimates that these AI recommendations have increased time spent on Instagram by 24%.</p><p>This appears to be the quarter in which META has simultaneously attacked many of the main bearish points: capital allocation, profitability, iOS data privacy changes, and TikTok competition. It is quite amazing that META has been able to accomplish such a task while continuing to invest so heavily in the metaverse.</p><h2>Is META Stock Buy, Sell, or Hold?</h2><p>While META is trading at around 30x trailing earnings, consensus estimates have the stock trading at just 24x this year&#39;s estimates. The discrepancy is likely due to both expectations for a macro recovery as well as a financial boost from the company&#39;s aggressive cost-cutting initiatives.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c7b3f29268f3a31cbd571e07ba75ab40\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"142\"/><span>Seeking Alpha</span></p><p>Consensus earnings estimates look reasonable, if not conservative, considering that they are implying a mere 27% net margin by 2026.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ef257a6794d92bd262fa639119845eb\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"142\"/><span>Seeking Alpha</span></p><p>Yes, META stock is up a substantial amount from the lows. I suspect that this point alone may make many readers uncomfortable with the stock. But I pose a counter: if META had instead fallen from a higher price to current levels, would that change the stock&#39;s outlook? Depending on one&#39;s balance of fundamental and technical analysis, answers to that question may differ, but those with a fundamental tilt should argue to the contrary. META appears to be doing everything that shareholders could want - in particular, the focus on profitability and potential for accelerated share repurchases stand out. But in addition to those welcome measures, I am also warming up to the long-term opportunity in the metaverse. Investor enthusiasm for this business unit, despite the company&#39;s significant investment in it, has been lukewarm, and I can understand why given my personal experience with virtual reality headsets. But one day, as I was playing with my toddler, I wondered if it would be possible to re-live such memories even after she grows older. I wondered if artificial intelligence and metaverse developments would make it possible to transform a photograph or video into a virtual reality experience. I may be dreaming, but this appears to be the direction that META is heading, and this is the kind of narrative that can help drive a premium valuation. With Microsoft (MSFT) trading at 35x earnings due to enthusiasm for search and artificial intelligence, in spite of its slowing growth profile, I can see META getting to a similar valuation on account of the faster growth profile. A re-valuation to 30x earnings would imply around 30% potential upside over the next 12 months.</p><p>What are the key risks? Relevance remains the most important risk. META is not enterprise tech and thus is much more correlated with the broader economy. Demand for online advertising may weaken in weak economic conditions, as seen currently. Moreover, META&#39;s platforms might not resonate with future generations, as technological prowess plays a lesser role than popularity for social networks. While META appears to have staved off competition from TikTok for its core user base, I am of the view that TikTok remains the social network of choice for newer generations. That may pose a tail-end risk, though admittedly this risk might not appear for many decades. It is also possible that management reverses course from its shareholder-friendly practices, perhaps by investing too aggressively in the metaverse. While I am optimistic for the future of the metaverse as described above, technology and social appetite might not be ready to welcome such developments. It is possible that META is too early in investing for the metaverse, though I suspect that Wall Street is underestimating the impact that artificial intelligence can have in this field. META remains a top pick due to the visible catalysts playing out - I reiterate my strong buy rating.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Platforms: Do Not Sell Now Ahead Of Explosive Upside</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\">\nMeta Platforms: Do Not Sell Now Ahead Of Explosive Upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-08 11:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4610075-meta-platforms-do-not-sell-now-ahead-of-explosive-upside><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMeta Platforms is up well over triple-digits from lows.The company is showing resilient revenue and user growth in spite of a tough macro environment and stiff competition.I discuss the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4610075-meta-platforms-do-not-sell-now-ahead-of-explosive-upside\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://seekingalpha.com/article/4610075-meta-platforms-do-not-sell-now-ahead-of-explosive-upside","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2341205384","content_text":"SummaryMeta Platforms is up well over triple-digits from lows.The company is showing resilient revenue and user growth in spite of a tough macro environment and stiff competition.I discuss the potential ramifications of the shift in capital allocation strategy.The stock remains deeply undervalued, in light of the rapidly evolving thesis - I reiterate my strong buy rating.Meta Platforms has finally found its groove. Just one year ago, between META, Alphabet (GOOG, GOOGL), and Amazon, I would have not expected META to be the strongest performing stock. META seemed to have the highest risk due to its market positioning, but the stock has nonetheless outperformed due to management's surprisingly aggressive commitment to operational efficiencies. After a thunderous rally from the lows, META stock might not look so cheap anymore based on trailing earnings, but earnings are set for considerable growth as the company reaps the benefits of a leaner cost structure. I am also warming up to the long-term opportunity of the metaverse, and management appears to have struck an optimal balance between investing for growth and doing right by shareholders. The hardest part in investing can oftentimes be holding on to one's winners, especially as the stock price rewards a developing thesis. I reiterate my strong buy rating for the stock.META Stock PriceIt may be hard to believe, but META has made up much of the losses it suffered during the tech crash.Data by YChartsI last covered META in March where I rated the stock a strong buy even as the stock was already up triple digits from the lows. The stock has since returned another 38%, but I continue to maintain my bullishness. The stock should never have gotten as low as it did, and it is now making up ground.META Stock Key MetricsIn its most recent quarter, META delivered surprisingly resilient growth, with revenues growing 2.6% to $28.6 billion. That came above the high end of management's guidance of $26 billion to $28.5 billion.2023 Q1 PresentationThe operating margin declined 600 bps to 25%, but that included 400 bps of headwinds from restructuring charges. Management noted that they expect to record around $1 billion of restructuring charges as a result of the layoffs announced in March. The company recognized $523 million of those charges in this past quarter.2023 Q1 PresentationExcluding the restructuring charges recognized in the quarter, diluted EPS would have been 20% higher at $2.64. Operating margin would have declined by only 100 bps, which is arguably a strong result considering that Reality Labs losses increased by $1 billion.2023 Q1 PresentationMETA also showed solid business fundamentals, with Facebook monthly active users ('MAUs') growing 0.9% sequentially. It was only four quarters ago that MAUs declined sequentially, and the market seemingly gave up on the stock.2023 Q1 PresentationAlso impressive, META was able to slightly increase its average revenue per user ('ARPU') on a worldwide basis. These are very strong results considering the tough macro environment.2023 Q1 PresentationMETA had previously been seeing considerable headwinds from its increasing adoption of Reels, as the new video format has a lower rate of monetization. On the conference call, management cited the \"structural supply constraints\" due to the greater engagement associated with Reels, but is still guiding for Reels to be neutral to revenues within three to four quarters.The company generated $6.9 billion in free cash flow in the quarter yet repurchased $9.22 billion of stock - showing clearly management's commitment to the share repurchase program.2023 Q1 PresentationMETA ended the quarter with $37.44 billion of cash versus $9.92 billion of debt, as well as $6.2 billion in privately held securities. Management made a surprising and somewhat overlooked comment regarding their capital structure, stating intentions to maintain a \"positive or neutral net cash balance over time.\" In plain English, that means that management is willing to issue debt to fund accelerated share repurchases. For an illustration of how much this could boost the stock price, just look at the tape action of Apple (AAPL). If investors were concerned that heavy investment in Reality Labs would take away from shareholder returns, then those concerns have now been thoroughly addressed.Looking ahead, management has guided for revenue between $29.5 and $32 billion. The high end of that range implies double-digit YOY growth, with management justified as being due to the fact that this will be the first comparable quarter without Russian revenues.Management reduced their full-year operating expense guidance to between $86 and $90 billion, which is inclusive of $3 to $5 billion of restructuring costs and is down from the $89 to $95 billion range given in March. I note that two quarters ago, the expense outlook was a range of $96 to $101 billion.Yet, management did not stop there. Management committed to maintaining a lean-operations mindset moving forward, stating that a slower pace of hiring and flattened management structure \"will improve the speed and quality of our work.\" The exception appears to be in the company's Reality Labs and artificial intelligence operations. Management noted that these two areas would be the primary areas of future hiring and represent their top two core priorities. Management noted that more than 20% of content in Facebook and Instagram feeds are recommended by AI, representing content from accounts that one doesn't follow. I view that metric as being highly relevant in showing that the company has been able to move past the data privacy changes by iOS in the past, as it may be able to eventually drive its content generation primarily from in-app use. Management estimates that these AI recommendations have increased time spent on Instagram by 24%.This appears to be the quarter in which META has simultaneously attacked many of the main bearish points: capital allocation, profitability, iOS data privacy changes, and TikTok competition. It is quite amazing that META has been able to accomplish such a task while continuing to invest so heavily in the metaverse.Is META Stock Buy, Sell, or Hold?While META is trading at around 30x trailing earnings, consensus estimates have the stock trading at just 24x this year's estimates. The discrepancy is likely due to both expectations for a macro recovery as well as a financial boost from the company's aggressive cost-cutting initiatives.Seeking AlphaConsensus earnings estimates look reasonable, if not conservative, considering that they are implying a mere 27% net margin by 2026.Seeking AlphaYes, META stock is up a substantial amount from the lows. I suspect that this point alone may make many readers uncomfortable with the stock. But I pose a counter: if META had instead fallen from a higher price to current levels, would that change the stock's outlook? Depending on one's balance of fundamental and technical analysis, answers to that question may differ, but those with a fundamental tilt should argue to the contrary. META appears to be doing everything that shareholders could want - in particular, the focus on profitability and potential for accelerated share repurchases stand out. But in addition to those welcome measures, I am also warming up to the long-term opportunity in the metaverse. Investor enthusiasm for this business unit, despite the company's significant investment in it, has been lukewarm, and I can understand why given my personal experience with virtual reality headsets. But one day, as I was playing with my toddler, I wondered if it would be possible to re-live such memories even after she grows older. I wondered if artificial intelligence and metaverse developments would make it possible to transform a photograph or video into a virtual reality experience. I may be dreaming, but this appears to be the direction that META is heading, and this is the kind of narrative that can help drive a premium valuation. With Microsoft (MSFT) trading at 35x earnings due to enthusiasm for search and artificial intelligence, in spite of its slowing growth profile, I can see META getting to a similar valuation on account of the faster growth profile. A re-valuation to 30x earnings would imply around 30% potential upside over the next 12 months.What are the key risks? Relevance remains the most important risk. META is not enterprise tech and thus is much more correlated with the broader economy. Demand for online advertising may weaken in weak economic conditions, as seen currently. Moreover, META's platforms might not resonate with future generations, as technological prowess plays a lesser role than popularity for social networks. While META appears to have staved off competition from TikTok for its core user base, I am of the view that TikTok remains the social network of choice for newer generations. That may pose a tail-end risk, though admittedly this risk might not appear for many decades. It is also possible that management reverses course from its shareholder-friendly practices, perhaps by investing too aggressively in the metaverse. While I am optimistic for the future of the metaverse as described above, technology and social appetite might not be ready to welcome such developments. It is possible that META is too early in investing for the metaverse, though I suspect that Wall Street is underestimating the impact that artificial intelligence can have in this field. META remains a top pick due to the visible catalysts playing out - I reiterate my strong buy rating.","news_type":1},"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182560734224400,"gmtCreate":1685579792946,"gmtModify":1685579797005,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"Cut the production more and let it the price pump...&nbsp;","listText":"Cut the production more and let it the price pump...&nbsp;","text":"Cut the production more and let it the price pump...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182560734224400","repostId":"2340246610","repostType":2,"repost":{"id":"2340246610","pubTimestamp":1685579064,"share":"https://ttm.financial/m/news/2340246610?lang=&edition=fundamental","pubTime":"2023-06-01 08:24","market":"fut","language":"en","title":"OPEC Excludes Bloomberg, Reuters and WSJ Reporters From Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2340246610","media":"Bloomberg","summary":"No reason for lack of invites was given by OPEC secretariatOPEC+ ministers meet this weekend in Vien","content":"<html><head></head><body><ul><li><p>No reason for lack of invites was given by OPEC secretariat</p></li><li><p>OPEC+ ministers meet this weekend in Vienna to set policy</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/daa34c001e7b20c375fd4ccf0c9f0bb8\" alt=\"OPEC headquarters in Vienna, Austria.  Photographer: Akos Stiller/Bloomberg\" title=\"OPEC headquarters in Vienna, Austria.  Photographer: Akos Stiller/Bloomberg\" tg-width=\"1000\" tg-height=\"667\"/><span>OPEC headquarters in Vienna, Austria.  Photographer: Akos Stiller/Bloomberg</span></p><p style=\"text-align: start;\">OPEC hasn’t invited reporters from three major news organizations to cover the group’s meetings this weekend in Vienna. </p><p style=\"text-align: start;\">The organization’s secretariat typically gives accreditation to any journalist who wants to cover the meeting at their headquarters. This time, that opportunity wasn’t offered and invitations were sent directly to reporters. </p><p style=\"text-align: start;\">As of Wednesday evening, nobody from Bloomberg News had received an invitation. Journalists from the Reuters news agency and the Journal were also denied invitations, according to people familiar with the matter. If that stands, those reporters would be unable to attend any post-meeting press conference. No reason was given for the decision, for which there is little precedent in OPEC’s history. </p><p style=\"text-align: start;\">Bloomberg, which will send a team to Vienna as usual to cover the meeting, has asked the OPEC secretariat to clarify the situation, but received no response. Reuters and the Wall Street Journal declined to comment.</p><p>The Organization of Petroleum Exporting Countries, which together with allies in the wider OPEC+ coalition sets oil production policy for 23 countries, is meeting as prices slide below $70 a barrel in New York, giving up the gains made since Saudi Arabia and other members made a surprise cut in early April.</p><p style=\"text-align: start;\">Prices have been depressed on weaker economic data from China, the world’s largest importer, and the persistently high level of shipments from Russia, which had pledged to take 500,000 barrels out of the global market earlier in the year.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC Excludes Bloomberg, Reuters and WSJ Reporters From Meeting</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\">\nOPEC Excludes Bloomberg, Reuters and WSJ Reporters From Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-01 08:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-05-31/opec-excludes-bloomberg-reuters-and-wsj-reporters-from-meeting?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No reason for lack of invites was given by OPEC secretariatOPEC+ ministers meet this weekend in Vienna to set policyOPEC headquarters in Vienna, Austria.  Photographer: Akos Stiller/BloombergOPEC hasn...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-05-31/opec-excludes-bloomberg-reuters-and-wsj-reporters-from-meeting?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4570":"地缘局势概念股"},"source_url":"https://www.bloomberg.com/news/articles/2023-05-31/opec-excludes-bloomberg-reuters-and-wsj-reporters-from-meeting?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2340246610","content_text":"No reason for lack of invites was given by OPEC secretariatOPEC+ ministers meet this weekend in Vienna to set policyOPEC headquarters in Vienna, Austria.  Photographer: Akos Stiller/BloombergOPEC hasn’t invited reporters from three major news organizations to cover the group’s meetings this weekend in Vienna. The organization’s secretariat typically gives accreditation to any journalist who wants to cover the meeting at their headquarters. This time, that opportunity wasn’t offered and invitations were sent directly to reporters. As of Wednesday evening, nobody from Bloomberg News had received an invitation. Journalists from the Reuters news agency and the Journal were also denied invitations, according to people familiar with the matter. If that stands, those reporters would be unable to attend any post-meeting press conference. No reason was given for the decision, for which there is little precedent in OPEC’s history. Bloomberg, which will send a team to Vienna as usual to cover the meeting, has asked the OPEC secretariat to clarify the situation, but received no response. Reuters and the Wall Street Journal declined to comment.The Organization of Petroleum Exporting Countries, which together with allies in the wider OPEC+ coalition sets oil production policy for 23 countries, is meeting as prices slide below $70 a barrel in New York, giving up the gains made since Saudi Arabia and other members made a surprise cut in early April.Prices have been depressed on weaker economic data from China, the world’s largest importer, and the persistently high level of shipments from Russia, which had pledged to take 500,000 barrels out of the global market earlier in the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947815817,"gmtCreate":1682897078439,"gmtModify":1682897083154,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096841192952540","idStr":"4096841192952540"},"themes":[],"htmlText":"Bring it on... We are going to moon..!!&nbsp;","listText":"Bring it on... We are going to moon..!!&nbsp;","text":"Bring it on... We are going to moon..!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947815817","repostId":"2332200619","repostType":2,"repost":{"id":"2332200619","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1682895689,"share":"https://ttm.financial/m/news/2332200619?lang=&edition=fundamental","pubTime":"2023-05-01 07:01","market":"us","language":"en","title":"Apple and Uber Earnings, a Fed Decision, April Jobs Data, and More to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2332200619","media":"Dow Jones","summary":"It will be another big week of first-quarter earnings season, with more than 150 S&P 500 companies a","content":"<html><head></head><body><p>It will be another big week of first-quarter earnings season, with more than 150 S&amp;P 500 companies about to report. The economic calendar will include a Federal Reserve interest-rate decision and the latest jobs data.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c98b50d70e9e3e975d73fb4c102c09a9\" title=\"\" tg-width=\"2044\" tg-height=\"1448\"/></p><p>Norwegian Cruise Line Holdings and Stryker will kick off earnings on Monday, followed by Advanced Micro Devices, Ford Motor, Pfizer, Starbucks, and Uber Technologies on Tuesday.</p><p>Wednesday’s earnings highlights will include CVS Health, Kraft Heinz, and Qualcomm. On Thursday, Anheuser-Busch InBev, Apple, <a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a>, ConocoPhillips, Moderna, and Shopify report. Cigna and <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a> close the week on Friday.</p><p>The economic event of the week will be the Federal Open Market Committee’s monetary policy decision on Wednesday afternoon. Futures markets are overwhelmingly pricing in an increase of 0.25 percentage point in the federal-funds rate. The European Central Bank is expected to follow with the same move on Thursday.</p><p>There will also be plenty of data to parse. The Bureau of Labor Statistics publishes the March Job Openings And Labor Turnover Survey on Tuesday, then the April jobs report on Friday. Economists are forecasting a decline in both job openings and hiring. The forecast is for a gain of 185,000 nonfarm payrolls, down from 236,000 in March.</p><p>Other notable economic data coming out this week will include the Institute for Supply Management’s Manufacturing Services Purchasing Managers’ Index for April on Monday, then the Services equivalent on Wednesday. Both PMIs are expected to be about even with or slightly higher than their March level.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d382eedb579a6fbe4ed3fe921d14fc3\" tg-width=\"1080\" tg-height=\"1920\"/></p><h2>This Week</h2><h4>Monday 5/1</h4><p>Arista Networks, MGM Resorts International, NXP Semiconductors, SBA Communications, Stryker, and Vertex Pharmaceuticals release earnings.</p><p><strong>The Institute for Supply</strong> Management releases its Manufacturing Purchasing Managers’ Index for April. Consensus estimate is for a 46.7 reading, roughly even with the March data. The index has had five consecutive readings below 50, indicating contraction in the manufacturing sector.</p><h4>Tuesday 5/2</h4><p>Advanced Micro Devices, Cummins, DuPont, Eaton, Ecolab, Ford Motor, Marathon Petroleum, Marriott International, Pfizer, Simon Property Group, Starbucks, and Uber Technologies report quarterly results</p><p><strong>The Bureau of Labor</strong> Statistics releases the Job Openings and Labor Turnover Survey. Economists forecast 9.5 million job openings on the last business day of March, 431,300 fewer than in February.</p><h4>Wednesday 5/3</h4><p><strong>The Federal Open Market Committee</strong> announces its monetary-policy decision. There is a 85% chance the FOMC raises the federal-funds rate by 25 basis points, to 5%-5.25%, per the CME FedWatch Tool.</p><p>Corteva, CVS Health, Emerson Electric, Equinix, Estée Lauder, Kraft Heinz, <a href=\"https://laohu8.com/S/PSX\">Phillips 66</a>, $Public Storage(PSA-N)$, Qualcomm, and Yum! Brands release earnings.</p><p><strong>ADP releases </strong>its National Employment Report for April. Expectations are for the economy to add 135,000 private-sector jobs, 10,000 fewer than in March.</p><p><strong>The ISM releases </strong>its Services PMI for April. The consensus call is for a 51.8 reading, slightly higher than the March figure. The services sector continues to hold up better than the manufacturing sector with only one reading below the expansionary level of 50 since May of 2020.</p><h4>Thursday 5/4</h4><p>Anheuser-Busch InBev, Apple, Becton Dickinson, Booking Holdings, ConocoPhillips, <a href=\"https://laohu8.com/S/EXPE\">Expedia</a> Group, Fortinet, Intercontinental Exchange, Kellogg, Moderna, Regeneron Pharmaceuticals, Sempra Energy, Shopify, and Zoetis hold conference calls to discuss quarterly results.</p><p><strong>The European Central </strong>Bank announces its monetary-policy decision. The ECB is widely expected to raise its key interest rate by a quarter of a percentage point, to 3.25%. Traders are pricing in two more 25 basis-point-hikes after this meeting as the euro zone’s inflation has proved to be more stubborn than in the U.S.</p><h4>Friday 5/5</h4><p>Cboe Global Markets, Cigna, Dominion Energy, Johnson Controls International, and Warner Bros. Discovery release earnings.</p><p><strong>The BLS releases</strong> the jobs report for April. Economists forecast an increase of 185,000 in nonfarm payrolls, following a 236,000 gain in March. The unemployment rate is expected to tick up from 3.5% to 3.6%.</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>Apple and Uber Earnings, a Fed Decision, April Jobs Data, and More to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple and Uber Earnings, a Fed Decision, April Jobs Data, and More to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-05-01 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>It will be another big week of first-quarter earnings season, with more than 150 S&amp;P 500 companies about to report. The economic calendar will include a Federal Reserve interest-rate decision and the latest jobs data.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c98b50d70e9e3e975d73fb4c102c09a9\" title=\"\" tg-width=\"2044\" tg-height=\"1448\"/></p><p>Norwegian Cruise Line Holdings and Stryker will kick off earnings on Monday, followed by Advanced Micro Devices, Ford Motor, Pfizer, Starbucks, and Uber Technologies on Tuesday.</p><p>Wednesday’s earnings highlights will include CVS Health, Kraft Heinz, and Qualcomm. On Thursday, Anheuser-Busch InBev, Apple, <a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a>, ConocoPhillips, Moderna, and Shopify report. Cigna and <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a> close the week on Friday.</p><p>The economic event of the week will be the Federal Open Market Committee’s monetary policy decision on Wednesday afternoon. Futures markets are overwhelmingly pricing in an increase of 0.25 percentage point in the federal-funds rate. The European Central Bank is expected to follow with the same move on Thursday.</p><p>There will also be plenty of data to parse. The Bureau of Labor Statistics publishes the March Job Openings And Labor Turnover Survey on Tuesday, then the April jobs report on Friday. Economists are forecasting a decline in both job openings and hiring. The forecast is for a gain of 185,000 nonfarm payrolls, down from 236,000 in March.</p><p>Other notable economic data coming out this week will include the Institute for Supply Management’s Manufacturing Services Purchasing Managers’ Index for April on Monday, then the Services equivalent on Wednesday. Both PMIs are expected to be about even with or slightly higher than their March level.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d382eedb579a6fbe4ed3fe921d14fc3\" tg-width=\"1080\" tg-height=\"1920\"/></p><h2>This Week</h2><h4>Monday 5/1</h4><p>Arista Networks, MGM Resorts International, NXP Semiconductors, SBA Communications, Stryker, and Vertex Pharmaceuticals release earnings.</p><p><strong>The Institute for Supply</strong> Management releases its Manufacturing Purchasing Managers’ Index for April. Consensus estimate is for a 46.7 reading, roughly even with the March data. The index has had five consecutive readings below 50, indicating contraction in the manufacturing sector.</p><h4>Tuesday 5/2</h4><p>Advanced Micro Devices, Cummins, DuPont, Eaton, Ecolab, Ford Motor, Marathon Petroleum, Marriott International, Pfizer, Simon Property Group, Starbucks, and Uber Technologies report quarterly results</p><p><strong>The Bureau of Labor</strong> Statistics releases the Job Openings and Labor Turnover Survey. Economists forecast 9.5 million job openings on the last business day of March, 431,300 fewer than in February.</p><h4>Wednesday 5/3</h4><p><strong>The Federal Open Market Committee</strong> announces its monetary-policy decision. There is a 85% chance the FOMC raises the federal-funds rate by 25 basis points, to 5%-5.25%, per the CME FedWatch Tool.</p><p>Corteva, CVS Health, Emerson Electric, Equinix, Estée Lauder, Kraft Heinz, <a href=\"https://laohu8.com/S/PSX\">Phillips 66</a>, $Public Storage(PSA-N)$, Qualcomm, and Yum! Brands release earnings.</p><p><strong>ADP releases </strong>its National Employment Report for April. Expectations are for the economy to add 135,000 private-sector jobs, 10,000 fewer than in March.</p><p><strong>The ISM releases </strong>its Services PMI for April. The consensus call is for a 51.8 reading, slightly higher than the March figure. The services sector continues to hold up better than the manufacturing sector with only one reading below the expansionary level of 50 since May of 2020.</p><h4>Thursday 5/4</h4><p>Anheuser-Busch InBev, Apple, Becton Dickinson, Booking Holdings, ConocoPhillips, <a href=\"https://laohu8.com/S/EXPE\">Expedia</a> Group, Fortinet, Intercontinental Exchange, Kellogg, Moderna, Regeneron Pharmaceuticals, Sempra Energy, Shopify, and Zoetis hold conference calls to discuss quarterly results.</p><p><strong>The European Central </strong>Bank announces its monetary-policy decision. The ECB is widely expected to raise its key interest rate by a quarter of a percentage point, to 3.25%. Traders are pricing in two more 25 basis-point-hikes after this meeting as the euro zone’s inflation has proved to be more stubborn than in the U.S.</p><h4>Friday 5/5</h4><p>Cboe Global Markets, Cigna, Dominion Energy, Johnson Controls International, and Warner Bros. Discovery release earnings.</p><p><strong>The BLS releases</strong> the jobs report for April. Economists forecast an increase of 185,000 in nonfarm payrolls, following a 236,000 gain in March. The unemployment rate is expected to tick up from 3.5% to 3.6%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","AAPL":"苹果",".IXIC":"NASDAQ Composite","UBER":"优步","AB":"联博控股",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2332200619","content_text":"It will be another big week of first-quarter earnings season, with more than 150 S&P 500 companies about to report. The economic calendar will include a Federal Reserve interest-rate decision and the latest jobs data.Norwegian Cruise Line Holdings and Stryker will kick off earnings on Monday, followed by Advanced Micro Devices, Ford Motor, Pfizer, Starbucks, and Uber Technologies on Tuesday.Wednesday’s earnings highlights will include CVS Health, Kraft Heinz, and Qualcomm. On Thursday, Anheuser-Busch InBev, Apple, Booking Holdings, ConocoPhillips, Moderna, and Shopify report. Cigna and Warner Bros. Discovery close the week on Friday.The economic event of the week will be the Federal Open Market Committee’s monetary policy decision on Wednesday afternoon. Futures markets are overwhelmingly pricing in an increase of 0.25 percentage point in the federal-funds rate. The European Central Bank is expected to follow with the same move on Thursday.There will also be plenty of data to parse. The Bureau of Labor Statistics publishes the March Job Openings And Labor Turnover Survey on Tuesday, then the April jobs report on Friday. Economists are forecasting a decline in both job openings and hiring. The forecast is for a gain of 185,000 nonfarm payrolls, down from 236,000 in March.Other notable economic data coming out this week will include the Institute for Supply Management’s Manufacturing Services Purchasing Managers’ Index for April on Monday, then the Services equivalent on Wednesday. Both PMIs are expected to be about even with or slightly higher than their March level.This WeekMonday 5/1Arista Networks, MGM Resorts International, NXP Semiconductors, SBA Communications, Stryker, and Vertex Pharmaceuticals release earnings.The Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for April. Consensus estimate is for a 46.7 reading, roughly even with the March data. The index has had five consecutive readings below 50, indicating contraction in the manufacturing sector.Tuesday 5/2Advanced Micro Devices, Cummins, DuPont, Eaton, Ecolab, Ford Motor, Marathon Petroleum, Marriott International, Pfizer, Simon Property Group, Starbucks, and Uber Technologies report quarterly resultsThe Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey. Economists forecast 9.5 million job openings on the last business day of March, 431,300 fewer than in February.Wednesday 5/3The Federal Open Market Committee announces its monetary-policy decision. There is a 85% chance the FOMC raises the federal-funds rate by 25 basis points, to 5%-5.25%, per the CME FedWatch Tool.Corteva, CVS Health, Emerson Electric, Equinix, Estée Lauder, Kraft Heinz, Phillips 66, $Public Storage(PSA-N)$, Qualcomm, and Yum! Brands release earnings.ADP releases its National Employment Report for April. Expectations are for the economy to add 135,000 private-sector jobs, 10,000 fewer than in March.The ISM releases its Services PMI for April. The consensus call is for a 51.8 reading, slightly higher than the March figure. The services sector continues to hold up better than the manufacturing sector with only one reading below the expansionary level of 50 since May of 2020.Thursday 5/4Anheuser-Busch InBev, Apple, Becton Dickinson, Booking Holdings, ConocoPhillips, Expedia Group, Fortinet, Intercontinental Exchange, Kellogg, Moderna, Regeneron Pharmaceuticals, Sempra Energy, Shopify, and Zoetis hold conference calls to discuss quarterly results.The European Central Bank announces its monetary-policy decision. The ECB is widely expected to raise its key interest rate by a quarter of a percentage point, to 3.25%. Traders are pricing in two more 25 basis-point-hikes after this meeting as the euro zone’s inflation has proved to be more stubborn than in the U.S.Friday 5/5Cboe Global Markets, Cigna, Dominion Energy, Johnson Controls International, and Warner Bros. Discovery release earnings.The BLS releases the jobs report for April. Economists forecast an increase of 185,000 in nonfarm payrolls, following a 236,000 gain in March. The unemployment rate is expected to tick up from 3.5% to 3.6%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":204927723749552,"gmtCreate":1691040548937,"gmtModify":1691040551912,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"Sofi, PYPL and HOOD are poised to be the clear winners on this fintech earnings. Though the price movement for PYPL and HOOD are in the negative territory, I expect them to retrace back the losses swiftly&nbsp; in coming days.&nbsp;<a href=\"https://ttm.financial/S/HOOD\">$Robinhood(HOOD)$ &nbsp;</a><a href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$ &nbsp;</a><a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$ &nbsp;</a>","listText":"Sofi, PYPL and HOOD are poised to be the clear winners on this fintech earnings. Though the price movement for PYPL and HOOD are in the negative territory, I expect them to retrace back the losses swiftly&nbsp; in coming days.&nbsp;<a href=\"https://ttm.financial/S/HOOD\">$Robinhood(HOOD)$ &nbsp;</a><a href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$ &nbsp;</a><a href=\"https://ttm.financial/S/PYPL\">$PayPal(PYPL)$ &nbsp;</a>","text":"Sofi, PYPL and HOOD are poised to be the clear winners on this fintech earnings. Though the price movement for PYPL and HOOD are in the negative territory, I expect them to retrace back the losses swiftly in coming days. $Robinhood(HOOD)$ $SoFi Technologies Inc.(SOFI)$ $PayPal(PYPL)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/204927723749552","isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":276282783432864,"gmtCreate":1708482146115,"gmtModify":1708482148906,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09618\">$JD-SW(09618)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp; My portfolio got&nbsp;wrecked due to JD and NIO. One of the worst period and I dont belive them anymore after 2 failed breakouts !","listText":"<a href=\"https://ttm.financial/S/09618\">$JD-SW(09618)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp; My portfolio got&nbsp;wrecked due to JD and NIO. One of the worst period and I dont belive them anymore after 2 failed breakouts !","text":"$JD-SW(09618)$ My portfolio got wrecked due to JD and NIO. One of the worst period and I dont belive them anymore after 2 failed breakouts !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/276282783432864","isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325797513527440,"gmtCreate":1720564583282,"gmtModify":1720595401529,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"I have don't this so many times..... Keep the loosing stock despite it lost more than 50%. As soon as it reached breakeven, sold it for megre gain only to see the stock soar greater after I sold it... Did this with TSLL, ZIM, DDOG, ZS, GOOG, cRM, SE and many more. One of the main reason my portfolio never grows... Pathetic, but trying to improve the game... !!!","listText":"I have don't this so many times..... Keep the loosing stock despite it lost more than 50%. As soon as it reached breakeven, sold it for megre gain only to see the stock soar greater after I sold it... Did this with TSLL, ZIM, DDOG, ZS, GOOG, cRM, SE and many more. One of the main reason my portfolio never grows... Pathetic, but trying to improve the game... !!!","text":"I have don't this so many times..... Keep the loosing stock despite it lost more than 50%. As soon as it reached breakeven, sold it for megre gain only to see the stock soar greater after I sold it... Did this with TSLL, ZIM, DDOG, ZS, GOOG, cRM, SE and many more. One of the main reason my portfolio never grows... Pathetic, but trying to improve the game... !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":4,"link":"https://ttm.financial/post/325797513527440","isVote":1,"tweetType":1,"viewCount":2041,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949610074,"gmtCreate":1678581999898,"gmtModify":1678582004019,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"NIO and GOOG are key.!?!&nbsp;","listText":"NIO and GOOG are key.!?!&nbsp;","text":"NIO and GOOG are key.!?!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":19,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949610074","repostId":"2318767148","repostType":2,"repost":{"id":"2318767148","pubTimestamp":1678578282,"share":"https://ttm.financial/m/news/2318767148?lang=&edition=fundamental","pubTime":"2023-03-12 07:44","market":"us","language":"en","title":"Nasdaq Bear Market: 5 Stunning Growth Stocks You'll Regret Not Buying on the Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2318767148","media":"Motley Fool","summary":"A 33% plunge in the previously high-flying Nasdaq Composite is the perfect time for growth investors to pounce on some amazing deals.","content":"<html><head></head><body><p>While I hate being the bearer of bad news, stock market corrections are a perfectly normal part of the investing cycle. Since the beginning of 1950, the benchmark <b>S&amp;P 500</b> has undergone 39 separate double-digit percentage corrections, according to data from sell-side consultancy firm Yardeni Research. In other words, the drubbing Wall Street took in 2022 is par for the course when investing for the long run.</p><p>When the major indexes crossed the finish line last year, it was the growth-focused Nasdaq Composite that was hit hardest. The Nasdaq, which led the broader market to new highs in 2021, shed 33% of its value in 2022 and continues to stew in a bear market.</p><p>But there&#39;s a silver lining in this bad news. Though we&#39;ll never be able to forecast exactly when a bear market will occur or how steep the decline will be, we do know that every previous bear market in the major U.S. stock indexes (including the Nasdaq) was eventually whisked away by a bull market. It effectively means that every bear market is the ideal time to put your money to work.</p><p>It&#39;s an especially lucrative time to go shopping for growth stocks. What follows are five stunning growth stocks you&#39;ll regret not buying on the Nasdaq bear market dip.</p><h2><a href=\"https://laohu8.com/S/NIO\">Nio</a></h2><p>The first phenomenal growth stock just begging to be bought during the bear market decline is China-based electric vehicle (EV) manufacturer <b>Nio</b>. Although supply chain issues continue to weigh on Nio&#39;s production expansion efforts, a number of headwinds have been safely put in the back seat.</p><p>For the past couple of years, China stocks carried extra investment risk due to the country&#39;s zero-COVID strategy, as well as the possible delisting of China stocks by U.S. regulators. However, China has abandoned its zero-COVID strategy and reopened its economy. What&#39;s more, regulators gained hold of three years&#39; worth of financial audits for Chinese firms, which removes the fear of delisting. In short, Nio is considerably de-risked from where things stood four months ago.</p><p>But what&#39;s really been impressive about this company is its various forms of innovation. Nio has been introducing at least one new EV each year and has seen sales of its ET7 and ET5 sedans take off since hitting showrooms last year. With the exception of January, when production was constrained by factory closures as a result of the Chinese New Year, Nio has delivered in excess of 10,000 EVs every month since June 2022, with its sedans regularly accounting for more than half of those deliveries.</p><p>Nio&#39;s out-of-the-box innovation is on display as well. In August 2020, the company announced the rollout of its battery-as-a-service (BaaS) subscription. BaaS allows its EV buyers to charge, swap, and upgrade batteries at more than 1,300 power swap stations and more than 1,200 power charger stations. In exchange for a reduced EV purchase price, Nio nets high-margin, recurring subscription revenue from buyers via BaaS and keeps buyers loyal to the brand.</p><p><img src=\"https://static.tigerbbs.com/fa1aca6003962c19490e94b36badd6d8\" tg-width=\"700\" tg-height=\"439\" referrerpolicy=\"no-referrer\"/></p><p>Image source: Walt Disney.</p><h2><a href=\"https://laohu8.com/S/DIS\">Walt Disney</a></h2><p>A third stunning growth stock you&#39;ll regret not adding during the Nasdaq bear market drop is the popular &#34;House of Mouse,&#34; <b>Walt Disney</b>. Though Walt Disney is a mature business, it&#39;s expected to sustain a double-digit earnings growth rate for the next half-decade. That absolutely makes it a growth stock.</p><p>The biggest competitive edge that Disney offers is that its business can&#39;t be duplicated. While there are other theme parks consumers can visit and other movies on the big screen, Disney&#39;s characters and stories, along with the emotion, engagement, and imagination they evoke in consumers, can&#39;t be duplicated by any other company.</p><p>As I&#39;ve previously suggested, the value of this irreplaceability can be seen in Walt Disney&#39;s pricing power. Since Disneyland opened its doors in Southern California in 1955, admission prices have risen by 10,300%. By comparison, the U.S. inflation rate has jumped a little over 1,000% over the same time span.  Disney has also been able to raise prices on its ad-free streaming service, Disney+, while losing only a small fraction of its subscribers.</p><p>The next step in Walt Disney&#39;s evolution is turning its money-losing streaming segment into a profit machine. Newly reappointed CEO Bob Iger increased monthly subscription prices and is targeting profitability for this segment toward the end of fiscal 2024. Once streaming becomes cash-flow positive, I&#39;d be surprised to see Disney stock anywhere near $100 per share.</p><h2><a href=\"https://laohu8.com/S/IIPR\">Innovative Industrial Properties</a></h2><p>The fourth magnificent growth stock that you&#39;ll regret not scooping up during the Nasdaq&#39;s bear market swoon is marijuana-focused real estate investment trust (REIT) Innovative Industrial Properties. In spite of rent-collection speed bumps in recent months, IIP, as Innovative Industrial Properties is known, can show patient investors the green.</p><p>The prevailing concern with IIP is that its on-time rental collection rate has dropped from 100% to 92% as of the end of February 2023. But it&#39;s important to understand that all REITs eventually deal with delinquencies. It&#39;s how companies handle their delinquencies that matters. IIP&#39;s fourth-quarter report and year-to-date update shows it&#39;s working through these delinquencies and should be able to sustain these revenue streams or outright sell these properties for cash.</p><p>Another key point with Innovative Industrial Properties is that 100% of its properties are triple-net leased (also known as &#34;NNN leased&#34;). NNN-leased properties require the tenant to cover all expenses, including utilities, maintenance, and even property tax and insurance. While NNN leases reduce the rental income IIP can expect to receive, it also removes any chance of surprise expenses or inflation hurting the company.</p><p>Lastly, Innovative Industrial Properties might be one of the few pot stocks benefiting from weed remaining illegal at the federal level. Since most cannabis companies have limited access to basic financial services, IIP has been able to work out sale-leaseback agreements that benefit both parties. Cultivators and processors get cash they sorely need from IIP, and IIP lands long-term tenants through this program.</p><h2><a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a></h2><p>A fifth stunning growth stock that you&#39;ll regret not buying during the Nasdaq bear market dip is <b>Alphabet</b> (GOOGL) (GOOG), the parent company of internet search engine Google, autonomous vehicle company Waymo, and streaming platform YouTube.</p><p>At the moment, advertising weakness is Alphabet&#39;s biggest headwind. When the probability of a recession materializing rises, advertisers pull back on their spending. But this is also a two-sided coin. Even though recessions are inevitable, they&#39;re typically short-lived. Buying ad-driven stocks during these short swoons often allows investors to take advantage of long-winded economic expansions.</p><p>Alphabet&#39;s competitive advantage isn&#39;t going away anytime soon, either. Since December 2018, data from GlobalStats shows that Google has accounted for roughly 91% to 93% of global internet search share. Having a 90-percentage-point lead over its next-closest competitor allows Google to command significant pricing power for ad placement.</p><p>Alphabet&#39;s ancillary operating segments provide plenty of promise, too. YouTube is the second most visited social platform in the world, with Shorts getting more than 50 billion daily views. Meanwhile, Google Cloud has worked its way up to a 10% share of global cloud infrastructure-service spending.</p><p>Based on both forward-year earnings and future cash flow, Alphabet is cheaper now than at any point since it became a publicly traded company.</p><h2><a href=\"https://laohu8.com/S/EXEL\">Exelixis</a></h2><p>The second amazing growth stock you&#39;ll be kicking yourself for not buying during the Nasdaq bear market dip is biotech stock Exelixis. Despite occasional clinical trial failures, cancer-drug developer Exelixis is well positioned to grow by double digits.</p><p>A little over a week ago, Exelixis announced that a late-stage study involving its blockbuster drug Cabometyx in combination with <b>Roche</b>&#39;s Tecentriq failed to meet its primary endpoint of a statistically significant improvement in progression-free survival in a trial for patients with previously treated advanced kidney cancer.  But failures happen. It&#39;s part of being a drug developer.</p><p>What&#39;s far more important is that Exelixis has around six dozen clinical trials ongoing involving Cabometyx as a monotherapy or combination treatment for a variety of cancer types. It only takes a handful of success stories to significantly expand Cabometyx&#39;s sales and pricing power. We&#39;ve already witnessed one of these studies finding the mark, which led to Exelixis and <b>Bristol Myers Squibb</b> gaining first-line approval for their combination treatment for renal cell carcinoma.</p><p>Furthermore, Exelixis has the cash to fund ongoing internal development, collaborations, and possibly even acquisitions. The company closed out 2022 with approximately $1.31 billion in cash, cash equivalents, and short-term investments, and had another $756.7 million in long-term investments.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nasdaq Bear Market: 5 Stunning Growth Stocks You'll Regret Not Buying on the Dip</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNasdaq Bear Market: 5 Stunning Growth Stocks You'll Regret Not Buying on the Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-12 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/11/nasdaq-bear-market-5-growth-stocks-regret-not-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While I hate being the bearer of bad news, stock market corrections are a perfectly normal part of the investing cycle. Since the beginning of 1950, the benchmark S&P 500 has undergone 39 separate ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/11/nasdaq-bear-market-5-growth-stocks-regret-not-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼","GOOGL":"谷歌A","EXEL":"伊克力西斯","NIO":"蔚来","IIPR":"Innovative Industrial Properties Inc"},"source_url":"https://www.fool.com/investing/2023/03/11/nasdaq-bear-market-5-growth-stocks-regret-not-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318767148","content_text":"While I hate being the bearer of bad news, stock market corrections are a perfectly normal part of the investing cycle. Since the beginning of 1950, the benchmark S&P 500 has undergone 39 separate double-digit percentage corrections, according to data from sell-side consultancy firm Yardeni Research. In other words, the drubbing Wall Street took in 2022 is par for the course when investing for the long run.When the major indexes crossed the finish line last year, it was the growth-focused Nasdaq Composite that was hit hardest. The Nasdaq, which led the broader market to new highs in 2021, shed 33% of its value in 2022 and continues to stew in a bear market.But there's a silver lining in this bad news. Though we'll never be able to forecast exactly when a bear market will occur or how steep the decline will be, we do know that every previous bear market in the major U.S. stock indexes (including the Nasdaq) was eventually whisked away by a bull market. It effectively means that every bear market is the ideal time to put your money to work.It's an especially lucrative time to go shopping for growth stocks. What follows are five stunning growth stocks you'll regret not buying on the Nasdaq bear market dip.NioThe first phenomenal growth stock just begging to be bought during the bear market decline is China-based electric vehicle (EV) manufacturer Nio. Although supply chain issues continue to weigh on Nio's production expansion efforts, a number of headwinds have been safely put in the back seat.For the past couple of years, China stocks carried extra investment risk due to the country's zero-COVID strategy, as well as the possible delisting of China stocks by U.S. regulators. However, China has abandoned its zero-COVID strategy and reopened its economy. What's more, regulators gained hold of three years' worth of financial audits for Chinese firms, which removes the fear of delisting. In short, Nio is considerably de-risked from where things stood four months ago.But what's really been impressive about this company is its various forms of innovation. Nio has been introducing at least one new EV each year and has seen sales of its ET7 and ET5 sedans take off since hitting showrooms last year. With the exception of January, when production was constrained by factory closures as a result of the Chinese New Year, Nio has delivered in excess of 10,000 EVs every month since June 2022, with its sedans regularly accounting for more than half of those deliveries.Nio's out-of-the-box innovation is on display as well. In August 2020, the company announced the rollout of its battery-as-a-service (BaaS) subscription. BaaS allows its EV buyers to charge, swap, and upgrade batteries at more than 1,300 power swap stations and more than 1,200 power charger stations. In exchange for a reduced EV purchase price, Nio nets high-margin, recurring subscription revenue from buyers via BaaS and keeps buyers loyal to the brand.Image source: Walt Disney.Walt DisneyA third stunning growth stock you'll regret not adding during the Nasdaq bear market drop is the popular \"House of Mouse,\" Walt Disney. Though Walt Disney is a mature business, it's expected to sustain a double-digit earnings growth rate for the next half-decade. That absolutely makes it a growth stock.The biggest competitive edge that Disney offers is that its business can't be duplicated. While there are other theme parks consumers can visit and other movies on the big screen, Disney's characters and stories, along with the emotion, engagement, and imagination they evoke in consumers, can't be duplicated by any other company.As I've previously suggested, the value of this irreplaceability can be seen in Walt Disney's pricing power. Since Disneyland opened its doors in Southern California in 1955, admission prices have risen by 10,300%. By comparison, the U.S. inflation rate has jumped a little over 1,000% over the same time span.  Disney has also been able to raise prices on its ad-free streaming service, Disney+, while losing only a small fraction of its subscribers.The next step in Walt Disney's evolution is turning its money-losing streaming segment into a profit machine. Newly reappointed CEO Bob Iger increased monthly subscription prices and is targeting profitability for this segment toward the end of fiscal 2024. Once streaming becomes cash-flow positive, I'd be surprised to see Disney stock anywhere near $100 per share.Innovative Industrial PropertiesThe fourth magnificent growth stock that you'll regret not scooping up during the Nasdaq's bear market swoon is marijuana-focused real estate investment trust (REIT) Innovative Industrial Properties. In spite of rent-collection speed bumps in recent months, IIP, as Innovative Industrial Properties is known, can show patient investors the green.The prevailing concern with IIP is that its on-time rental collection rate has dropped from 100% to 92% as of the end of February 2023. But it's important to understand that all REITs eventually deal with delinquencies. It's how companies handle their delinquencies that matters. IIP's fourth-quarter report and year-to-date update shows it's working through these delinquencies and should be able to sustain these revenue streams or outright sell these properties for cash.Another key point with Innovative Industrial Properties is that 100% of its properties are triple-net leased (also known as \"NNN leased\"). NNN-leased properties require the tenant to cover all expenses, including utilities, maintenance, and even property tax and insurance. While NNN leases reduce the rental income IIP can expect to receive, it also removes any chance of surprise expenses or inflation hurting the company.Lastly, Innovative Industrial Properties might be one of the few pot stocks benefiting from weed remaining illegal at the federal level. Since most cannabis companies have limited access to basic financial services, IIP has been able to work out sale-leaseback agreements that benefit both parties. Cultivators and processors get cash they sorely need from IIP, and IIP lands long-term tenants through this program.AlphabetA fifth stunning growth stock that you'll regret not buying during the Nasdaq bear market dip is Alphabet (GOOGL) (GOOG), the parent company of internet search engine Google, autonomous vehicle company Waymo, and streaming platform YouTube.At the moment, advertising weakness is Alphabet's biggest headwind. When the probability of a recession materializing rises, advertisers pull back on their spending. But this is also a two-sided coin. Even though recessions are inevitable, they're typically short-lived. Buying ad-driven stocks during these short swoons often allows investors to take advantage of long-winded economic expansions.Alphabet's competitive advantage isn't going away anytime soon, either. Since December 2018, data from GlobalStats shows that Google has accounted for roughly 91% to 93% of global internet search share. Having a 90-percentage-point lead over its next-closest competitor allows Google to command significant pricing power for ad placement.Alphabet's ancillary operating segments provide plenty of promise, too. YouTube is the second most visited social platform in the world, with Shorts getting more than 50 billion daily views. Meanwhile, Google Cloud has worked its way up to a 10% share of global cloud infrastructure-service spending.Based on both forward-year earnings and future cash flow, Alphabet is cheaper now than at any point since it became a publicly traded company.ExelixisThe second amazing growth stock you'll be kicking yourself for not buying during the Nasdaq bear market dip is biotech stock Exelixis. Despite occasional clinical trial failures, cancer-drug developer Exelixis is well positioned to grow by double digits.A little over a week ago, Exelixis announced that a late-stage study involving its blockbuster drug Cabometyx in combination with Roche's Tecentriq failed to meet its primary endpoint of a statistically significant improvement in progression-free survival in a trial for patients with previously treated advanced kidney cancer.  But failures happen. It's part of being a drug developer.What's far more important is that Exelixis has around six dozen clinical trials ongoing involving Cabometyx as a monotherapy or combination treatment for a variety of cancer types. It only takes a handful of success stories to significantly expand Cabometyx's sales and pricing power. We've already witnessed one of these studies finding the mark, which led to Exelixis and Bristol Myers Squibb gaining first-line approval for their combination treatment for renal cell carcinoma.Furthermore, Exelixis has the cash to fund ongoing internal development, collaborations, and possibly even acquisitions. The company closed out 2022 with approximately $1.31 billion in cash, cash equivalents, and short-term investments, and had another $756.7 million in long-term investments.","news_type":1},"isVote":1,"tweetType":1,"viewCount":21,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956992321,"gmtCreate":1673874417964,"gmtModify":1676538897145,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"Hmm.. Its Time to become Warren&nbsp;Buffet...&nbsp;","listText":"Hmm.. Its Time to become Warren&nbsp;Buffet...&nbsp;","text":"Hmm.. Its Time to become Warren Buffet...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956992321","repostId":"2303469523","repostType":4,"repost":{"id":"2303469523","pubTimestamp":1673870004,"share":"https://ttm.financial/m/news/2303469523?lang=&edition=fundamental","pubTime":"2023-01-16 19:53","market":"us","language":"en","title":"Take Warren Buffett's Advice: Buy Stocks With These 3 Attributes","url":"https://stock-news.laohu8.com/highlight/detail?id=2303469523","media":"Motley Fool","summary":"Warren Buffett's company Berkshire Hathaway has greatly outperformed the stock market since 1965.","content":"<html><head></head><body><p>If you are an active investor, then you&#39;ve likely heard the name Warren Buffett once or twice, given that he&#39;s one of the greatest investors of all time.</p><p>His company <b>Berkshire Hathaway</b> has beaten the broader market handily since Buffett took over the firm in 1965. A big part of Berkshire&#39;s outperformance is thanks to its large equities portfolio now valued at more than $322 billion, where Buffett and his investing team buy and sell individual stocks.</p><p>When choosing individual stocks, retail investors can learn a lot from the Oracle of Omaha&#39;s investing strategy. They should take Warren Buffett&#39;s advice and buy stocks with these three attributes.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eaf4cfd62150fe71eaf74e63fe8dad0b\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: The Motley Fool.</span></p><h2>1. Consistent performance</h2><p>The first thing Buffett looks for is whether or not the company he is interested in has a solid track record when it comes to financial performance.</p><p>One of the ways Buffett evaluates this is through return on shareholder equity (ROE), which is defined as net income divided by equity, and profit margins, which looks at how much of a company&#39;s revenue becomes profit. The goal is not to find a company that can generate a strong ROE or profit margin once, but one that can do it over and over and through a variety of different economic environments.</p><p>For instance, one of Berkshire Hathaway&#39;s largest holdings, the credit card and payments firm <b>American Express</b>, has generated above a 12% ROE for the last decade, and many times that ROE was 25% or above. Meanwhile, <b>Apple</b>, which is by far Berkshire&#39;s largest holding in its portfolio, has had over a 20% profit margin since 2010.</p><h2>2. Valuation</h2><p>Buffett has been a great value investor over the years; he purchases stocks trading below their intrinsic value that the market has either ignored or perhaps doesn&#39;t understand, but that will trade up to or above their intrinsic value over time.</p><p>Now, there is a method to the madness, and Buffett and Berkshire do not simply look for stocks trading at bargain valuations. As Buffett once wrote in a letter to shareholders, &#34;It&#39;s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.&#34;</p><p>That means don&#39;t let valuation blind you. If something is trading at a huge discount to its book value, there is likely a good reason for the discount. Instead, it&#39;s a better idea to find a company that is great and that you can buy at a fair valuation, which will serve you better long term.</p><p>One example is <b>Bank of America</b>, the second-largest holding in Berkshire&#39;s portfolio. Bank of America currently trades at about 160% of its tangible book value, which is hardly a discounted bank stock valuation, especially in today&#39;s market. But Bank of America is now the second-largest bank by assets in the U.S., is highly profitable, and has developed a strong moat with its deposit and lending franchise. Long term, Buffett believes this is still a very fair valuation at which to own the stock.</p><h2>3. An impenetrable brand</h2><p>Another theme you will see among many of Berkshire&#39;s holdings is incredibly strong brand power. Think Apple and <b>Coca-Cola</b>. Now, why does Buffett like strong brands? It&#39;s not because of the funny commercials.</p><p>The real reason is that strong brands provide these companies with a tremendous amount of pricing power. This comes in handy in times of high inflation like the one we are in today. Even though Apple&#39;s or Coca-Cola&#39;s cost of doing business has gone up, their strong brands allow them to raise the prices of their products without too much pushback from consumers.</p><p>Think about the iPhone and what a big part of people&#39;s lives it has become. If the price of an iPhone goes up $100, most consumers are still going to buy it anyway, especially if they&#39;ve been with the brand for a while. And how many times have you heard somebody say they will never drink <b>Pepsi</b> over Coke?</p><p>Even if Pepsi happens to be cheaper, odds are that if a person has a choice between the two, they are still likely going to pick Coke. Companies with this kind of branding power can be great long-term stocks to own.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Take Warren Buffett's Advice: Buy Stocks With These 3 Attributes</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\">\nTake Warren Buffett's Advice: Buy Stocks With These 3 Attributes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-16 19:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/01/15/take-warren-buffetts-advice-buy-stocks-with-these/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you are an active investor, then you've likely heard the name Warren Buffett once or twice, given that he's one of the greatest investors of all time.His company Berkshire Hathaway has beaten the ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/01/15/take-warren-buffetts-advice-buy-stocks-with-these/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","AXP":"美国运通","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","SG9999014542.SGD":"United Income Focus Trust Acc SGD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4554":"元宇宙及AR概念","AAPL":"苹果","BK4515":"5G概念","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0238689110.USD":"贝莱德环球动力股票基金","BK4571":"数字音乐概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4507":"流媒体概念","KO":"可口可乐","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4575":"芯片概念","BAC":"美国银行","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BRK.B":"伯克希尔B","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","BK4527":"明星科技股","BK4559":"巴菲特持仓","BRK.A":"伯克希尔","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU0444971666.USD":"天利全球科技基金","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4574":"无人驾驶","PEP":"百事可乐","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4573":"虚拟现实","BK4505":"高瓴资本持仓","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H"},"source_url":"https://www.fool.com/investing/2023/01/15/take-warren-buffetts-advice-buy-stocks-with-these/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2303469523","content_text":"If you are an active investor, then you've likely heard the name Warren Buffett once or twice, given that he's one of the greatest investors of all time.His company Berkshire Hathaway has beaten the broader market handily since Buffett took over the firm in 1965. A big part of Berkshire's outperformance is thanks to its large equities portfolio now valued at more than $322 billion, where Buffett and his investing team buy and sell individual stocks.When choosing individual stocks, retail investors can learn a lot from the Oracle of Omaha's investing strategy. They should take Warren Buffett's advice and buy stocks with these three attributes.Image source: The Motley Fool.1. Consistent performanceThe first thing Buffett looks for is whether or not the company he is interested in has a solid track record when it comes to financial performance.One of the ways Buffett evaluates this is through return on shareholder equity (ROE), which is defined as net income divided by equity, and profit margins, which looks at how much of a company's revenue becomes profit. The goal is not to find a company that can generate a strong ROE or profit margin once, but one that can do it over and over and through a variety of different economic environments.For instance, one of Berkshire Hathaway's largest holdings, the credit card and payments firm American Express, has generated above a 12% ROE for the last decade, and many times that ROE was 25% or above. Meanwhile, Apple, which is by far Berkshire's largest holding in its portfolio, has had over a 20% profit margin since 2010.2. ValuationBuffett has been a great value investor over the years; he purchases stocks trading below their intrinsic value that the market has either ignored or perhaps doesn't understand, but that will trade up to or above their intrinsic value over time.Now, there is a method to the madness, and Buffett and Berkshire do not simply look for stocks trading at bargain valuations. As Buffett once wrote in a letter to shareholders, \"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.\"That means don't let valuation blind you. If something is trading at a huge discount to its book value, there is likely a good reason for the discount. Instead, it's a better idea to find a company that is great and that you can buy at a fair valuation, which will serve you better long term.One example is Bank of America, the second-largest holding in Berkshire's portfolio. Bank of America currently trades at about 160% of its tangible book value, which is hardly a discounted bank stock valuation, especially in today's market. But Bank of America is now the second-largest bank by assets in the U.S., is highly profitable, and has developed a strong moat with its deposit and lending franchise. Long term, Buffett believes this is still a very fair valuation at which to own the stock.3. An impenetrable brandAnother theme you will see among many of Berkshire's holdings is incredibly strong brand power. Think Apple and Coca-Cola. Now, why does Buffett like strong brands? It's not because of the funny commercials.The real reason is that strong brands provide these companies with a tremendous amount of pricing power. This comes in handy in times of high inflation like the one we are in today. Even though Apple's or Coca-Cola's cost of doing business has gone up, their strong brands allow them to raise the prices of their products without too much pushback from consumers.Think about the iPhone and what a big part of people's lives it has become. If the price of an iPhone goes up $100, most consumers are still going to buy it anyway, especially if they've been with the brand for a while. And how many times have you heard somebody say they will never drink Pepsi over Coke?Even if Pepsi happens to be cheaper, odds are that if a person has a choice between the two, they are still likely going to pick Coke. Companies with this kind of branding power can be great long-term stocks to own.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952811766,"gmtCreate":1674605433556,"gmtModify":1676538948421,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"Let it drop&nbsp;down to $210 to buy.!&nbsp;","listText":"Let it drop&nbsp;down to $210 to buy.!&nbsp;","text":"Let it drop down to $210 to buy.!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952811766","repostId":"2306495123","repostType":2,"repost":{"id":"2306495123","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1674603819,"share":"https://ttm.financial/m/news/2306495123?lang=&edition=fundamental","pubTime":"2023-01-25 07:43","market":"us","language":"en","title":"Microsoft Stock Turns Negative After Forecast Misses, CFO Warns About Deceleration","url":"https://stock-news.laohu8.com/highlight/detail?id=2306495123","media":"Dow Jones","summary":"Microsoft suggests sales in the current quarter will come in at least $1 billion lower than Wall Str","content":"<html><head></head><body><p>Microsoft suggests sales in the current quarter will come in at least $1 billion lower than Wall Street expected as December slowdown is projected to continue into new year, gains of 4% and disappear in after-hours trading</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0824503f0217521fd863e450d46b66b5\" tg-width=\"700\" tg-height=\"473\" referrerpolicy=\"no-referrer\"/><span>Microsoft Corp. reported fiscal second-quarter earnings Tuesday. AFP/GETTY IMAGES</span></p><p>Microsoft Corp.’s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration in December is expected to continue into the new year as the company lays off workers.</p><p>Microsoft reported fiscal second-quarter earnings of $16.43 billion, or $2.20 a share, a decline from $2.48 a share a year ago. The company also reported that severance, impairment and lease-consolidation costs cost it 12 cents a share, which would lead to adjusted earnings of $2.32 a share; Microsoft executives did not provide adjusted earnings a year ago, and typically stick to GAAP profit readings.</p><p>Revenue increased to $52.75 billion from $51.7 billion in the holiday quarter of 2022. Analysts on average expected earnings of $2.29 a share on sales of $52.99 billion, according to FactSet.</p><p>For the current quarter, Microsoft executives expect revenue of $50.5 billion to $51.5 billion, according to guidance provided by Chief Financial Officer Amy Hood in a conference call Tuesday afternoon. Analysts on average were expecting fiscal third-quarter revenue of $52.42 billion, according to FactSet.</p><p>Hood said that Microsoft observed a slowdown in customer spending in December, and expects that to continue. Azure grew by 38% in constant currency, topping expectations, but Hood said that they exited December in the “mid-30s” after the deceleration, and executives expect that percentage to fall four or five points in the current quarter. Analysts were projecting Azure growth of 27.8% for the quarter, or 33.7% in constant currency, according to FactSet.</p><p>Microsoft shares gained more than 4% in after-hours trading immediately following the release of the results, but they began to drop after the forecast and December deceleration news were shared. The stock was down 1% as of 8:00 p.m. Eastern.</p><p><img src=\"https://static.tigerbbs.com/971139206e2a87539d9529660f5eb038\" tg-width=\"826\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p><p>Microsoft’s forecast takes on extra importance this quarter, as analysts believe that businesses slowed down deals at the end of 2022 to cut costs and for other reasons, and Wall Street will want to know if Microsoft expects any deals that didn’t close before the end of the year will be included in the current quarter’s results. Microsoft executives told investors at the end of the last fiscal year that they expect double-digit percentage growth in revenue and operating margins, but a lot has happened since then.</p><p>Microsoft announced thousands of layoffs last week, part of a wave of job cuts from Big Tech companies that increased their workforces at a rapid pace in the early years of the COVID-19 pandemic. Wall Street analysts believed the move signaled concerns about revenue growth.</p><p>“We expect that the head-count reduction announcement … will likely be accompanied by a lower revenue outlook for the second half of the FY, but the actions taken by the company are an illustration of how Microsoft can dynamically adjust its cost base to preserve EPS and free cash flow given the macro choppiness,” Evercore ISI analysts wrote in a preview of the earnings, while maintaining an outperform rating and $280 target price on the stock.</p><p>Microsoft executives hope to provide a rosier outlook with other deals. The day before its earnings report, the company officially announced a long-expected third investment in ChatGPT creator OpenAI, which includes plans to incorporate the technology into services such as Microsoft’s Azure cloud-computing offering and Bing search engine. Microsoft is also still in the process of acquiring videogame-publishing giant Activision Blizzard Inc. for $69 billion, though it is facing pushback from regulators worldwide.</p><p>“We are particularly keen for updates on this deal, and would pay special attention to what sorts of concessions Microsoft is prepared to make at this point, and at what point the concessions make the deal unattractive to shareholders,” Macquarie Research analysts wrote of the Activision acquisition, while maintaining a neutral rating but decreasing their price target to $232 from $234.</p><p>Microsoft reported cloud revenue of $21.5 billion, up from $18.33 billion a year ago and narrowly topping the average analyst estimate of $21.43 billion, according to FactSet. Azure grew 31%, while analysts on average were expecting 30.5% growth from the cloud-computing product; Microsoft does not provide full revenue or profit figures for Azure, even though Amazon.com Inc. and Alphabet Inc. provide such results for their rival cloud products.</p><p>Microsoft’s personal-computer segment recorded $14.2 billion in revenue, down from $17.47 billion in the previous holiday season and missing the average analyst estimate of $14.76 billion. PC shipments suffered their worst decline ever recorded in the holiday season, according to third-party analyses, after a boom in PC sales during 2020 and 2021.</p><p>Microsoft’s enterprise-software business had sales of $17 billion, up from $15.94 billion a year ago and beating the FactSet analyst consensus of $16.79 billion.</p><p>Microsoft shares have declined 18.4% in the past 12 months, as the S&amp;P 500 index has dropped 8.9% and the Dow Jones Industrial Average — which counts Microsoft as one of its 30 components — has declined 2.1%.</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 Stock Turns Negative After Forecast Misses, CFO Warns About Deceleration</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 Stock Turns Negative After Forecast Misses, CFO Warns About Deceleration\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-01-25 07:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Microsoft suggests sales in the current quarter will come in at least $1 billion lower than Wall Street expected as December slowdown is projected to continue into new year, gains of 4% and disappear in after-hours trading</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0824503f0217521fd863e450d46b66b5\" tg-width=\"700\" tg-height=\"473\" referrerpolicy=\"no-referrer\"/><span>Microsoft Corp. reported fiscal second-quarter earnings Tuesday. AFP/GETTY IMAGES</span></p><p>Microsoft Corp.’s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration in December is expected to continue into the new year as the company lays off workers.</p><p>Microsoft reported fiscal second-quarter earnings of $16.43 billion, or $2.20 a share, a decline from $2.48 a share a year ago. The company also reported that severance, impairment and lease-consolidation costs cost it 12 cents a share, which would lead to adjusted earnings of $2.32 a share; Microsoft executives did not provide adjusted earnings a year ago, and typically stick to GAAP profit readings.</p><p>Revenue increased to $52.75 billion from $51.7 billion in the holiday quarter of 2022. Analysts on average expected earnings of $2.29 a share on sales of $52.99 billion, according to FactSet.</p><p>For the current quarter, Microsoft executives expect revenue of $50.5 billion to $51.5 billion, according to guidance provided by Chief Financial Officer Amy Hood in a conference call Tuesday afternoon. Analysts on average were expecting fiscal third-quarter revenue of $52.42 billion, according to FactSet.</p><p>Hood said that Microsoft observed a slowdown in customer spending in December, and expects that to continue. Azure grew by 38% in constant currency, topping expectations, but Hood said that they exited December in the “mid-30s” after the deceleration, and executives expect that percentage to fall four or five points in the current quarter. Analysts were projecting Azure growth of 27.8% for the quarter, or 33.7% in constant currency, according to FactSet.</p><p>Microsoft shares gained more than 4% in after-hours trading immediately following the release of the results, but they began to drop after the forecast and December deceleration news were shared. The stock was down 1% as of 8:00 p.m. Eastern.</p><p><img src=\"https://static.tigerbbs.com/971139206e2a87539d9529660f5eb038\" tg-width=\"826\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p><p>Microsoft’s forecast takes on extra importance this quarter, as analysts believe that businesses slowed down deals at the end of 2022 to cut costs and for other reasons, and Wall Street will want to know if Microsoft expects any deals that didn’t close before the end of the year will be included in the current quarter’s results. Microsoft executives told investors at the end of the last fiscal year that they expect double-digit percentage growth in revenue and operating margins, but a lot has happened since then.</p><p>Microsoft announced thousands of layoffs last week, part of a wave of job cuts from Big Tech companies that increased their workforces at a rapid pace in the early years of the COVID-19 pandemic. Wall Street analysts believed the move signaled concerns about revenue growth.</p><p>“We expect that the head-count reduction announcement … will likely be accompanied by a lower revenue outlook for the second half of the FY, but the actions taken by the company are an illustration of how Microsoft can dynamically adjust its cost base to preserve EPS and free cash flow given the macro choppiness,” Evercore ISI analysts wrote in a preview of the earnings, while maintaining an outperform rating and $280 target price on the stock.</p><p>Microsoft executives hope to provide a rosier outlook with other deals. The day before its earnings report, the company officially announced a long-expected third investment in ChatGPT creator OpenAI, which includes plans to incorporate the technology into services such as Microsoft’s Azure cloud-computing offering and Bing search engine. Microsoft is also still in the process of acquiring videogame-publishing giant Activision Blizzard Inc. for $69 billion, though it is facing pushback from regulators worldwide.</p><p>“We are particularly keen for updates on this deal, and would pay special attention to what sorts of concessions Microsoft is prepared to make at this point, and at what point the concessions make the deal unattractive to shareholders,” Macquarie Research analysts wrote of the Activision acquisition, while maintaining a neutral rating but decreasing their price target to $232 from $234.</p><p>Microsoft reported cloud revenue of $21.5 billion, up from $18.33 billion a year ago and narrowly topping the average analyst estimate of $21.43 billion, according to FactSet. Azure grew 31%, while analysts on average were expecting 30.5% growth from the cloud-computing product; Microsoft does not provide full revenue or profit figures for Azure, even though Amazon.com Inc. and Alphabet Inc. provide such results for their rival cloud products.</p><p>Microsoft’s personal-computer segment recorded $14.2 billion in revenue, down from $17.47 billion in the previous holiday season and missing the average analyst estimate of $14.76 billion. PC shipments suffered their worst decline ever recorded in the holiday season, according to third-party analyses, after a boom in PC sales during 2020 and 2021.</p><p>Microsoft’s enterprise-software business had sales of $17 billion, up from $15.94 billion a year ago and beating the FactSet analyst consensus of $16.79 billion.</p><p>Microsoft shares have declined 18.4% in the past 12 months, as the S&amp;P 500 index has dropped 8.9% and the Dow Jones Industrial Average — which counts Microsoft as one of its 30 components — has declined 2.1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4576":"AR","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","MSFT":"微软","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0238689110.USD":"贝莱德环球动力股票基金","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4577":"网络游戏","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","BK4527":"明星科技股","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4538":"云计算","BK4579":"人工智能","LU0079474960.USD":"联博美国增长基金A","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4503":"景林资产持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4097":"系统软件","LU0109392836.USD":"富兰克林科技股A","BK4504":"桥水持仓","BK4581":"高盛持仓","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4548":"巴美列捷福持仓","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4528":"SaaS概念","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4532":"文艺复兴科技持仓","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2306495123","content_text":"Microsoft suggests sales in the current quarter will come in at least $1 billion lower than Wall Street expected as December slowdown is projected to continue into new year, gains of 4% and disappear in after-hours tradingMicrosoft Corp. reported fiscal second-quarter earnings Tuesday. AFP/GETTY IMAGESMicrosoft Corp.’s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration in December is expected to continue into the new year as the company lays off workers.Microsoft reported fiscal second-quarter earnings of $16.43 billion, or $2.20 a share, a decline from $2.48 a share a year ago. The company also reported that severance, impairment and lease-consolidation costs cost it 12 cents a share, which would lead to adjusted earnings of $2.32 a share; Microsoft executives did not provide adjusted earnings a year ago, and typically stick to GAAP profit readings.Revenue increased to $52.75 billion from $51.7 billion in the holiday quarter of 2022. Analysts on average expected earnings of $2.29 a share on sales of $52.99 billion, according to FactSet.For the current quarter, Microsoft executives expect revenue of $50.5 billion to $51.5 billion, according to guidance provided by Chief Financial Officer Amy Hood in a conference call Tuesday afternoon. Analysts on average were expecting fiscal third-quarter revenue of $52.42 billion, according to FactSet.Hood said that Microsoft observed a slowdown in customer spending in December, and expects that to continue. Azure grew by 38% in constant currency, topping expectations, but Hood said that they exited December in the “mid-30s” after the deceleration, and executives expect that percentage to fall four or five points in the current quarter. Analysts were projecting Azure growth of 27.8% for the quarter, or 33.7% in constant currency, according to FactSet.Microsoft shares gained more than 4% in after-hours trading immediately following the release of the results, but they began to drop after the forecast and December deceleration news were shared. The stock was down 1% as of 8:00 p.m. Eastern.Microsoft’s forecast takes on extra importance this quarter, as analysts believe that businesses slowed down deals at the end of 2022 to cut costs and for other reasons, and Wall Street will want to know if Microsoft expects any deals that didn’t close before the end of the year will be included in the current quarter’s results. Microsoft executives told investors at the end of the last fiscal year that they expect double-digit percentage growth in revenue and operating margins, but a lot has happened since then.Microsoft announced thousands of layoffs last week, part of a wave of job cuts from Big Tech companies that increased their workforces at a rapid pace in the early years of the COVID-19 pandemic. Wall Street analysts believed the move signaled concerns about revenue growth.“We expect that the head-count reduction announcement … will likely be accompanied by a lower revenue outlook for the second half of the FY, but the actions taken by the company are an illustration of how Microsoft can dynamically adjust its cost base to preserve EPS and free cash flow given the macro choppiness,” Evercore ISI analysts wrote in a preview of the earnings, while maintaining an outperform rating and $280 target price on the stock.Microsoft executives hope to provide a rosier outlook with other deals. The day before its earnings report, the company officially announced a long-expected third investment in ChatGPT creator OpenAI, which includes plans to incorporate the technology into services such as Microsoft’s Azure cloud-computing offering and Bing search engine. Microsoft is also still in the process of acquiring videogame-publishing giant Activision Blizzard Inc. for $69 billion, though it is facing pushback from regulators worldwide.“We are particularly keen for updates on this deal, and would pay special attention to what sorts of concessions Microsoft is prepared to make at this point, and at what point the concessions make the deal unattractive to shareholders,” Macquarie Research analysts wrote of the Activision acquisition, while maintaining a neutral rating but decreasing their price target to $232 from $234.Microsoft reported cloud revenue of $21.5 billion, up from $18.33 billion a year ago and narrowly topping the average analyst estimate of $21.43 billion, according to FactSet. Azure grew 31%, while analysts on average were expecting 30.5% growth from the cloud-computing product; Microsoft does not provide full revenue or profit figures for Azure, even though Amazon.com Inc. and Alphabet Inc. provide such results for their rival cloud products.Microsoft’s personal-computer segment recorded $14.2 billion in revenue, down from $17.47 billion in the previous holiday season and missing the average analyst estimate of $14.76 billion. PC shipments suffered their worst decline ever recorded in the holiday season, according to third-party analyses, after a boom in PC sales during 2020 and 2021.Microsoft’s enterprise-software business had sales of $17 billion, up from $15.94 billion a year ago and beating the FactSet analyst consensus of $16.79 billion.Microsoft shares have declined 18.4% in the past 12 months, as the S&P 500 index has dropped 8.9% and the Dow Jones Industrial Average — which counts Microsoft as one of its 30 components — has declined 2.1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193252176670880,"gmtCreate":1688210237589,"gmtModify":1688210242452,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"Let's go NIO..... Fly....!&nbsp;","listText":"Let's go NIO..... Fly....!&nbsp;","text":"Let's go NIO..... Fly....!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193252176670880","repostId":"1149382350","repostType":4,"repost":{"id":"1149382350","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1688205795,"share":"https://ttm.financial/m/news/1149382350?lang=&edition=fundamental","pubTime":"2023-07-01 18:03","market":"hk","language":"en","title":"NIO Delivers 10,707 Vehicles in June","url":"https://stock-news.laohu8.com/highlight/detail?id=1149382350","media":"Tiger Newspress","summary":"NIO delivered 10,707 vehicles in June 2023NIO delivered 23,520 vehicles in the three months ended June 2023NIO started ramping up deliveries of ET5 Touring and All-New ES8 in June 2023Cumulative deliveries of NIO vehicles reached 344,117 as of June 30, 2023NIO Inc. today announced its June and second quarter 2023 delivery results.NIO delivered 10,707 vehicles in June 2023. The deliveries consisted of 6,383 premium smart electric SUVs, and 4,324 premium smart electric sedans. NIO delivered 23,520","content":"<html><head></head><body><ul><li><p><em>NIO delivered 10,707 vehicles in June 2023</em></p></li><li><p><em>NIO delivered 23,520 vehicles in the three months ended June 2023</em></p></li><li><p><em>NIO started ramping up deliveries of ET5 Touring and All-New ES8 in June 2023</em></p></li><li><p><em>Cumulative deliveries of NIO vehicles reached 344,117 as of June 30, 2023</em></p></li></ul><p>NIO Inc. today announced its June and second quarter 2023 delivery results.</p><p>NIO delivered 10,707 vehicles in June 2023. The deliveries consisted of 6,383 premium smart electric SUVs, and 4,324 premium smart electric sedans. NIO delivered 23,520 vehicles in the second quarter of 2023. Cumulative deliveries of NIO vehicles reached 344,117 as of June 30, 2023.</p><p>On June 15, 2023, NIO launched the ET5 Touring, a smart electric tourer, and started its deliveries the next day. Designed for family users, the ET5 Touring has been crafted with versatile space, and has inherited the exquisite and dynamic design, high-performance genes and advanced intelligent features of its sedan variant ET5, accompanying users to explore future journeys across all scenarios.</p><p>In addition, NIO commenced delivery ramp-up of the All-New ES8, a smart electric flagship SUV on June 28, 2023.</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>NIO Delivers 10,707 Vehicles in June</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\">\nNIO Delivers 10,707 Vehicles in June\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-07-01 18:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><p><em>NIO delivered 10,707 vehicles in June 2023</em></p></li><li><p><em>NIO delivered 23,520 vehicles in the three months ended June 2023</em></p></li><li><p><em>NIO started ramping up deliveries of ET5 Touring and All-New ES8 in June 2023</em></p></li><li><p><em>Cumulative deliveries of NIO vehicles reached 344,117 as of June 30, 2023</em></p></li></ul><p>NIO Inc. today announced its June and second quarter 2023 delivery results.</p><p>NIO delivered 10,707 vehicles in June 2023. The deliveries consisted of 6,383 premium smart electric SUVs, and 4,324 premium smart electric sedans. NIO delivered 23,520 vehicles in the second quarter of 2023. Cumulative deliveries of NIO vehicles reached 344,117 as of June 30, 2023.</p><p>On June 15, 2023, NIO launched the ET5 Touring, a smart electric tourer, and started its deliveries the next day. Designed for family users, the ET5 Touring has been crafted with versatile space, and has inherited the exquisite and dynamic design, high-performance genes and advanced intelligent features of its sedan variant ET5, accompanying users to explore future journeys across all scenarios.</p><p>In addition, NIO commenced delivery ramp-up of the All-New ES8, a smart electric flagship SUV on June 28, 2023.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149382350","content_text":"NIO delivered 10,707 vehicles in June 2023NIO delivered 23,520 vehicles in the three months ended June 2023NIO started ramping up deliveries of ET5 Touring and All-New ES8 in June 2023Cumulative deliveries of NIO vehicles reached 344,117 as of June 30, 2023NIO Inc. today announced its June and second quarter 2023 delivery results.NIO delivered 10,707 vehicles in June 2023. The deliveries consisted of 6,383 premium smart electric SUVs, and 4,324 premium smart electric sedans. NIO delivered 23,520 vehicles in the second quarter of 2023. Cumulative deliveries of NIO vehicles reached 344,117 as of June 30, 2023.On June 15, 2023, NIO launched the ET5 Touring, a smart electric tourer, and started its deliveries the next day. Designed for family users, the ET5 Touring has been crafted with versatile space, and has inherited the exquisite and dynamic design, high-performance genes and advanced intelligent features of its sedan variant ET5, accompanying users to explore future journeys across all scenarios.In addition, NIO commenced delivery ramp-up of the All-New ES8, a smart electric flagship SUV on June 28, 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952504501,"gmtCreate":1674793073704,"gmtModify":1676538959090,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"TSLA is king... My only regret is I didn't load up enough&nbsp;at $101....Never mind. Its fine to be here..!&nbsp;","listText":"TSLA is king... My only regret is I didn't load up enough&nbsp;at $101....Never mind. Its fine to be here..!&nbsp;","text":"TSLA is king... My only regret is I didn't load up enough at $101....Never mind. Its fine to be here..!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9952504501","repostId":"1172200631","repostType":2,"repost":{"id":"1172200631","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1674783516,"share":"https://ttm.financial/m/news/1172200631?lang=&edition=fundamental","pubTime":"2023-01-27 09:38","market":"us","language":"en","title":"Tesla Surges After Earnings. Here’s What Wall Street Thinks","url":"https://stock-news.laohu8.com/highlight/detail?id=1172200631","media":"Dow Jones","summary":"Tesla posted better-than-expected fourth-quarter net income. The stock is rising, but gains have lit","content":"<html><head></head><body><p>Tesla posted better-than-expected fourth-quarter net income. The stock is rising, but gains have little to do with the past. Investors liked what they heard from the company about the future. So did the Street.</p><p>Wednesday evening, the electric-vehicles giant reported record net income and earnings per share of $1.19. Wall Street was looking for about $1.13 a share.</p><p>Tesla (ticker: TSLA) stock rose 11% Thursday, hitting $160.27 a share. The S&amp;P 500 and Nasdaq Composite were up about 1.1% and 1.8%, respectively.</p><p>“Demand has been the biggest question entering 2023 after recent price cuts and fear of a macro slowdown,” wrote Baird analyst Ben Kallo in a Wednesday report. “Demand [is] still strong and outpacing production capacity.”</p><p>Tesla plans to make about 1.8 million cars in 2023, up from about 1.37 million produced in 2022. CEO Elon Musk said on Thursday evening that orders were outpacing production two to one. All that was enough to sooth investors’ nerves. (Coming into Thursday trading, Tesla stock was down about 34% over the past three months.)</p><p>Kallo rates Tesla shares Buy. His price target is $252 a share. Mizuho analyst Vijay Rakesh also rates shares Buy. His price target is $250 a share.</p><p>Rakesh wrote that quarterly profit margins were better than feared in his Thursday research report. Profit margins were a concern for investors after Tesla offered discounts at the end of 2022 and dramatically cut prices at the start of 2023. Rakesh also pointed out that while prices are coming down, Tesla has cost offsets to help cushion the margin impact—including better utilization at two new manufacturing plants and falling raw material prices.</p><p>“Management commentary suggest [gross profit margins] should remain above the 20% in a single quarter,” wrote Emmanuel Rosner in a Thursday report. The first quarter of 2023 is “positioned to be the trough for the year and margins incrementally improve throughout the year.”</p><p>Tesla produced automotive gross profit margins of about 26% for all of 2022. Rosner rates Tesla stock Buy and has a $220 price target for the shares.</p><p>Cowen analyst Jeffery Osborne rates shares Hold. He took his price target up to $140 from $122 after earnings. He still has concerns about falling vehicle prices and the impact on margins, but noted that Tesla’s energy storage business is looking better than he expected. Tesla deployed 2.5 gigawatt hours of battery storage capacity in the fourth quarter, up 152% year over year.</p><p>BoA Securities analyst John Murphy also rates shares Hold. He called results mixed in a Thursday report, but raised his price target to $150 from $135 a share. “Stock appears fairly priced,” wrote Murphy, adding there is a lot of uncertainty faced by investors regarding the state of the global economy and Musk’s management of Twitter.</p><p>Most of the Street seems fine with Tesla’s numbers. “Solid results and upbeat demand out of the gate,” is how Wedbush analyst Dan Ives characterized the quarter. He rates shares Buy. He took his price target to $200 from $175 after earnings. Tesla’s demand commentary was what bulls wanted to hear, added Ives. “The bears (for now) will go back into hibernation mode,” he noted.</p><p>They will come out of hibernation soon. Next up for Tesla watchers is the company’s event on March 1. Topics will include the next-generation vehicle platform. That should be a lower-priced vehicle that can expand Tesla’s addressable market.</p><p>Overall, about 64% of analysts covering Tesla stock rate shares Buy. It’s the highest Buy-rating ratio the stock has had, according to FactSet. The average Buy-rating ratio for stocks in the S&amp;P 500 is about 58%.</p><p>The average analyst price target is about $206 a share.</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>Tesla Surges After Earnings. Here’s What Wall Street Thinks</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\">\nTesla Surges After Earnings. Here’s What Wall Street Thinks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-01-27 09:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla posted better-than-expected fourth-quarter net income. The stock is rising, but gains have little to do with the past. Investors liked what they heard from the company about the future. So did the Street.</p><p>Wednesday evening, the electric-vehicles giant reported record net income and earnings per share of $1.19. Wall Street was looking for about $1.13 a share.</p><p>Tesla (ticker: TSLA) stock rose 11% Thursday, hitting $160.27 a share. The S&amp;P 500 and Nasdaq Composite were up about 1.1% and 1.8%, respectively.</p><p>“Demand has been the biggest question entering 2023 after recent price cuts and fear of a macro slowdown,” wrote Baird analyst Ben Kallo in a Wednesday report. “Demand [is] still strong and outpacing production capacity.”</p><p>Tesla plans to make about 1.8 million cars in 2023, up from about 1.37 million produced in 2022. CEO Elon Musk said on Thursday evening that orders were outpacing production two to one. All that was enough to sooth investors’ nerves. (Coming into Thursday trading, Tesla stock was down about 34% over the past three months.)</p><p>Kallo rates Tesla shares Buy. His price target is $252 a share. Mizuho analyst Vijay Rakesh also rates shares Buy. His price target is $250 a share.</p><p>Rakesh wrote that quarterly profit margins were better than feared in his Thursday research report. Profit margins were a concern for investors after Tesla offered discounts at the end of 2022 and dramatically cut prices at the start of 2023. Rakesh also pointed out that while prices are coming down, Tesla has cost offsets to help cushion the margin impact—including better utilization at two new manufacturing plants and falling raw material prices.</p><p>“Management commentary suggest [gross profit margins] should remain above the 20% in a single quarter,” wrote Emmanuel Rosner in a Thursday report. The first quarter of 2023 is “positioned to be the trough for the year and margins incrementally improve throughout the year.”</p><p>Tesla produced automotive gross profit margins of about 26% for all of 2022. Rosner rates Tesla stock Buy and has a $220 price target for the shares.</p><p>Cowen analyst Jeffery Osborne rates shares Hold. He took his price target up to $140 from $122 after earnings. He still has concerns about falling vehicle prices and the impact on margins, but noted that Tesla’s energy storage business is looking better than he expected. Tesla deployed 2.5 gigawatt hours of battery storage capacity in the fourth quarter, up 152% year over year.</p><p>BoA Securities analyst John Murphy also rates shares Hold. He called results mixed in a Thursday report, but raised his price target to $150 from $135 a share. “Stock appears fairly priced,” wrote Murphy, adding there is a lot of uncertainty faced by investors regarding the state of the global economy and Musk’s management of Twitter.</p><p>Most of the Street seems fine with Tesla’s numbers. “Solid results and upbeat demand out of the gate,” is how Wedbush analyst Dan Ives characterized the quarter. He rates shares Buy. He took his price target to $200 from $175 after earnings. Tesla’s demand commentary was what bulls wanted to hear, added Ives. “The bears (for now) will go back into hibernation mode,” he noted.</p><p>They will come out of hibernation soon. Next up for Tesla watchers is the company’s event on March 1. Topics will include the next-generation vehicle platform. That should be a lower-priced vehicle that can expand Tesla’s addressable market.</p><p>Overall, about 64% of analysts covering Tesla stock rate shares Buy. It’s the highest Buy-rating ratio the stock has had, according to FactSet. The average Buy-rating ratio for stocks in the S&amp;P 500 is about 58%.</p><p>The average analyst price target is about $206 a share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172200631","content_text":"Tesla posted better-than-expected fourth-quarter net income. The stock is rising, but gains have little to do with the past. Investors liked what they heard from the company about the future. So did the Street.Wednesday evening, the electric-vehicles giant reported record net income and earnings per share of $1.19. Wall Street was looking for about $1.13 a share.Tesla (ticker: TSLA) stock rose 11% Thursday, hitting $160.27 a share. The S&P 500 and Nasdaq Composite were up about 1.1% and 1.8%, respectively.“Demand has been the biggest question entering 2023 after recent price cuts and fear of a macro slowdown,” wrote Baird analyst Ben Kallo in a Wednesday report. “Demand [is] still strong and outpacing production capacity.”Tesla plans to make about 1.8 million cars in 2023, up from about 1.37 million produced in 2022. CEO Elon Musk said on Thursday evening that orders were outpacing production two to one. All that was enough to sooth investors’ nerves. (Coming into Thursday trading, Tesla stock was down about 34% over the past three months.)Kallo rates Tesla shares Buy. His price target is $252 a share. Mizuho analyst Vijay Rakesh also rates shares Buy. His price target is $250 a share.Rakesh wrote that quarterly profit margins were better than feared in his Thursday research report. Profit margins were a concern for investors after Tesla offered discounts at the end of 2022 and dramatically cut prices at the start of 2023. Rakesh also pointed out that while prices are coming down, Tesla has cost offsets to help cushion the margin impact—including better utilization at two new manufacturing plants and falling raw material prices.“Management commentary suggest [gross profit margins] should remain above the 20% in a single quarter,” wrote Emmanuel Rosner in a Thursday report. The first quarter of 2023 is “positioned to be the trough for the year and margins incrementally improve throughout the year.”Tesla produced automotive gross profit margins of about 26% for all of 2022. Rosner rates Tesla stock Buy and has a $220 price target for the shares.Cowen analyst Jeffery Osborne rates shares Hold. He took his price target up to $140 from $122 after earnings. He still has concerns about falling vehicle prices and the impact on margins, but noted that Tesla’s energy storage business is looking better than he expected. Tesla deployed 2.5 gigawatt hours of battery storage capacity in the fourth quarter, up 152% year over year.BoA Securities analyst John Murphy also rates shares Hold. He called results mixed in a Thursday report, but raised his price target to $150 from $135 a share. “Stock appears fairly priced,” wrote Murphy, adding there is a lot of uncertainty faced by investors regarding the state of the global economy and Musk’s management of Twitter.Most of the Street seems fine with Tesla’s numbers. “Solid results and upbeat demand out of the gate,” is how Wedbush analyst Dan Ives characterized the quarter. He rates shares Buy. He took his price target to $200 from $175 after earnings. Tesla’s demand commentary was what bulls wanted to hear, added Ives. “The bears (for now) will go back into hibernation mode,” he noted.They will come out of hibernation soon. Next up for Tesla watchers is the company’s event on March 1. Topics will include the next-generation vehicle platform. That should be a lower-priced vehicle that can expand Tesla’s addressable market.Overall, about 64% of analysts covering Tesla stock rate shares Buy. It’s the highest Buy-rating ratio the stock has had, according to FactSet. The average Buy-rating ratio for stocks in the S&P 500 is about 58%.The average analyst price target is about $206 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4116569270341752","authorId":"4116569270341752","name":"valentia","avatar":"https://community-static.tradeup.com/news/64f8204fb4e5976eb0c1960943ccb2a2","crmLevel":4,"crmLevelSwitch":1,"idStr":"4116569270341752","authorIdStr":"4116569270341752"},"content":"u have made enough 😆","text":"u have made enough 😆","html":"u have made enough 😆"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987622839,"gmtCreate":1667896369021,"gmtModify":1676537981284,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"Oh...my god... I'm struck with another bad stock in Blink.!!&nbsp;","listText":"Oh...my god... I'm struck with another bad stock in Blink.!!&nbsp;","text":"Oh...my god... I'm struck with another bad stock in Blink.!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9987622839","repostId":"2281607077","repostType":2,"repost":{"id":"2281607077","pubTimestamp":1667921641,"share":"https://ttm.financial/m/news/2281607077?lang=&edition=fundamental","pubTime":"2022-11-08 23:34","market":"us","language":"en","title":"3 Stocks to Avoid This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2281607077","media":"Motley Fool","summary":"These investments seem pretty vulnerable right now.","content":"<html><head></head><body><p>November got off to a rough start last week. The market sputtered, but the same can&#39;t be said for the equities that I figured would be in for a week of hurt. The &#34;three stocks to avoid&#34; in my column last week that I thought were going to lose to the market -- <b>Cinemark Holdings</b>, <b>CVS Health</b>, and <b>Noodles &amp; Co.</b> -- rose 7.6%, climbed 5.7%, and sank 5.2%, respectively, averaging out to a 2.7% ascent.</p><p>The <b>S&amp;P 500</b> experienced a 3.3% move lower. I was wrong. I have still been right in 35 of the past 55 weeks, or 64% of the time.</p><p>Now let&#39;s look at the week ahead. I see <b>Yeti Holdings</b>, <b>Redfin</b>, and <b><a href=\"https://laohu8.com/S/BLNK\">Blink Charging</a></b> as stocks you might want to consider steering clear of this week. Let&#39;s go over my near-term concerns with all three investments.</p><h2><b>1. Yeti Holdings</b></h2><p>There&#39;s no denying the brand appeal of Yeti. If you&#39;re going to pay a premium for drinkware or a cooler, it&#39;s a fair shot that it will be a Yeti. The next few quarters could still prove challenging, though. The original Yeti, the fictional Himalayan beast, was built for winter, but the same can&#39;t be said about Yeti Holdings. We&#39;re seeing the economy sputter, and suddenly paying $35 for a 20-ounce Yeti tumbler doesn&#39;t seem like such a smart idea. We&#39;ll see how the company is holding up when it reports third-quarter results on Thursday morning.</p><p>Yeti stock plummeted when it last posted fresh financials three months ago. It was a rare miss on both ends of the income statement. Analysts see top-line growth decelerating to 15% this week on negative earnings growth. Declining container costs will help with shipments, but just about everything else -- including, more importantly, consumer demand -- seems to be going the wrong way.</p><p>William Blair analysts met with Yeti&#39;s CEO and CFO in mid-September, walking away encouraged, but less than a week later the CFO surprisingly resigned to find another gig closer to his family&#39;s home. The CFO&#39;s departure went into effect at the end of October. Why didn&#39;t he wait two more weeks to be there for a critical earnings report? The timing was surely a coincidence, but it&#39;s not a good look.</p><p>The long-term potential for Yeti remains strong and the current valuation is attractive. It just has some trends working against it right now. Winter is coming, Yeti.</p><h2><b>2. Redfin</b></h2><p>There&#39;s been more &#34;red&#34; than &#34;fin&#34; to Redfin these days. The stock is now 96% -- yes, 96% -- below the all-time high it hit early last year. Redfin stock is understandably out of favor. The real estate market is cracking from all sides, and Redfin&#39;s business is exposed like an unfinished attic.</p><p>Redfin reports quarterly results on Wednesday afternoon, and it&#39;s going to be problematic. Real estate demand has shriveled up as mortgage rates skyrocket, and lower prices are crushing its home-flipping business. With loss projections widening, it&#39;s easy to fret about the near-term challenges Redfin is facing. Like Yeti, Redfin has strong long-term upside given its current valuation, but there are too many negative catalysts swirling about to get the stock moving higher for now.</p><h2><b>3. Blink Charging</b></h2><p>Another low-priced stock reporting earnings this week that&#39;s going through a rough patch is Blink Charging. Revenue growth has been strong as it builds out its networking of electric-vehicle charging stations, but the top-line results are still microscopic. We&#39;re talking about $35.6 million in trailing revenue. And as far as the stock has fallen, it&#39;s still trading for a stiff 19 times trailing revenue.</p><p>The rub is that Blink Charging is losing a lot of money. It has posted larger-than-expected deficits in back-to-back quarters. Analysts have been widening their projections for red ink. Those same Wall Street pros see Blink Charging at least five years away from profitability. It will gets its say when it announces quarterly results on Tuesday afternoon. It might not have enough juice.</p><p>It&#39;s going to be a bumpy road for some of these investments. If you&#39;re looking for safe stocks, you aren&#39;t likely to find them in Yeti Holdings, Redfin, and Blink Charging this week.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks to Avoid This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Avoid This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-08 23:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/11/07/3-stocks-to-avoid-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>November got off to a rough start last week. The market sputtered, but the same can't be said for the equities that I figured would be in for a week of hurt. The \"three stocks to avoid\" in my column ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/07/3-stocks-to-avoid-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BLNK":"Blink Charging","RDFN":"Redfin Corp","YETI":"YETI Holdings Inc."},"source_url":"https://www.fool.com/investing/2022/11/07/3-stocks-to-avoid-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2281607077","content_text":"November got off to a rough start last week. The market sputtered, but the same can't be said for the equities that I figured would be in for a week of hurt. The \"three stocks to avoid\" in my column last week that I thought were going to lose to the market -- Cinemark Holdings, CVS Health, and Noodles & Co. -- rose 7.6%, climbed 5.7%, and sank 5.2%, respectively, averaging out to a 2.7% ascent.The S&P 500 experienced a 3.3% move lower. I was wrong. I have still been right in 35 of the past 55 weeks, or 64% of the time.Now let's look at the week ahead. I see Yeti Holdings, Redfin, and Blink Charging as stocks you might want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.1. Yeti HoldingsThere's no denying the brand appeal of Yeti. If you're going to pay a premium for drinkware or a cooler, it's a fair shot that it will be a Yeti. The next few quarters could still prove challenging, though. The original Yeti, the fictional Himalayan beast, was built for winter, but the same can't be said about Yeti Holdings. We're seeing the economy sputter, and suddenly paying $35 for a 20-ounce Yeti tumbler doesn't seem like such a smart idea. We'll see how the company is holding up when it reports third-quarter results on Thursday morning.Yeti stock plummeted when it last posted fresh financials three months ago. It was a rare miss on both ends of the income statement. Analysts see top-line growth decelerating to 15% this week on negative earnings growth. Declining container costs will help with shipments, but just about everything else -- including, more importantly, consumer demand -- seems to be going the wrong way.William Blair analysts met with Yeti's CEO and CFO in mid-September, walking away encouraged, but less than a week later the CFO surprisingly resigned to find another gig closer to his family's home. The CFO's departure went into effect at the end of October. Why didn't he wait two more weeks to be there for a critical earnings report? The timing was surely a coincidence, but it's not a good look.The long-term potential for Yeti remains strong and the current valuation is attractive. It just has some trends working against it right now. Winter is coming, Yeti.2. RedfinThere's been more \"red\" than \"fin\" to Redfin these days. The stock is now 96% -- yes, 96% -- below the all-time high it hit early last year. Redfin stock is understandably out of favor. The real estate market is cracking from all sides, and Redfin's business is exposed like an unfinished attic.Redfin reports quarterly results on Wednesday afternoon, and it's going to be problematic. Real estate demand has shriveled up as mortgage rates skyrocket, and lower prices are crushing its home-flipping business. With loss projections widening, it's easy to fret about the near-term challenges Redfin is facing. Like Yeti, Redfin has strong long-term upside given its current valuation, but there are too many negative catalysts swirling about to get the stock moving higher for now.3. Blink ChargingAnother low-priced stock reporting earnings this week that's going through a rough patch is Blink Charging. Revenue growth has been strong as it builds out its networking of electric-vehicle charging stations, but the top-line results are still microscopic. We're talking about $35.6 million in trailing revenue. And as far as the stock has fallen, it's still trading for a stiff 19 times trailing revenue.The rub is that Blink Charging is losing a lot of money. It has posted larger-than-expected deficits in back-to-back quarters. Analysts have been widening their projections for red ink. Those same Wall Street pros see Blink Charging at least five years away from profitability. It will gets its say when it announces quarterly results on Tuesday afternoon. It might not have enough juice.It's going to be a bumpy road for some of these investments. If you're looking for safe stocks, you aren't likely to find them in Yeti Holdings, Redfin, and Blink Charging this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947815817,"gmtCreate":1682897078439,"gmtModify":1682897083154,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"Bring it on... We are going to moon..!!&nbsp;","listText":"Bring it on... We are going to moon..!!&nbsp;","text":"Bring it on... We are going to moon..!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947815817","repostId":"2332200619","repostType":2,"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949559140,"gmtCreate":1678773971480,"gmtModify":1678773975325,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"Give me a headline inflation 6.4% and core 5.6%.&nbsp;","listText":"Give me a headline inflation 6.4% and core 5.6%.&nbsp;","text":"Give me a headline inflation 6.4% and core 5.6%.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949559140","repostId":"2319025769","repostType":2,"repost":{"id":"2319025769","pubTimestamp":1678771855,"share":"https://ttm.financial/m/news/2319025769?lang=&edition=fundamental","pubTime":"2023-03-14 13:30","market":"us","language":"en","title":"Today's Inflation Report Could Be Another Headache for the Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2319025769","media":"MarketWatch","summary":"The next inflation reading, due on Tuesday, is the last significant report on U.S. consumer prices b","content":"<html><head></head><body><p> The next inflation reading, due on Tuesday, is the last significant report on U.S. consumer prices before the Federal Reserve meets on March 21-22 to make its next interest-rate decision. Chaos in the banking sector following two bank failures has reoriented the market’s focus in recent days, but that doesn’t change the importance of the data.</p><p>The U.S. consumer price index (CPI) for February, a key indicator of goods and services inflation, is likely to show that price growth continued to moderate last month, albeit just slightly from January’s level. That suggests the Fed’s effort to tame inflation with higher rates is working, but slowly.</p><p>Economists surveyed by FactSet expect that CPI rose 6% year-over-year in February, a decline from 6.4% in January, with price growth falling to 0.4% month-over-month from 0.5% in January.</p><p>“With the year-over-year change in oil prices falling deeper into the negative territory, a notable slide in the headline CPI rate seems more than normal,” said Charalampos Pissouros, an analyst at broker XM.</p><p>Core CPI, which excludes volatile food and energy costs, likely fell to an annual rate of 5.5% last month from 5.6% in January.</p><p>“Should the core rate slip by more than anticipated, market participants may feel more confident [of] the latest adjustment in their Fed bets,” said Pissouros.</p><p>Those bets refer to investors’ expectations for the U.S. central bank’s next move in rates. The Fed raised rates by 25 basis points in February, compared with a 50-basis-point increase in December and several 75-basis-point increases last year. [A basis point is one hundredth of a percentage point.]</p><p>The rise in interest rates over the past 12 months helped spur a steep stock-market selloff, which resumed in February after stocks rallied in January.</p><p>Prior to last Friday’s failure of Silicon Valley Bank, and regulatory decisions to backstop depositors and open a new lending facility for banks, traders were split in their outlook for the next rate decision. Some expected the Fed to lift the federal funds rate by 25 basis points, and others, by 50 basis points.</p><p>Now, says Quincy Krosby, chief global strategist at LPL Financial, there is “a question as to whether the Fed will lift rates at all,” or announce a pause in the bank’s monthly quantitative tightening program. The Fed might do both, she suggested.</p><p>Monday, the futures market was pricing in a 35% chance that the Fed won’t change interest rates next week, and a 65% chance that it will hike by 25 basis points, according to the CME FedWatch Tool. A half-point rate hike is considered off the table.</p><p>The sharp rise in interest rates over the past year left Silicon Valley Bank sitting with huge unrealized losses on its bond portfolio, including mortgage-backed securities. When the bank was forced to sell some of its holdings, incurring an actual loss of $1.8 billion, depositors fled.</p><p>“A fascinating set up ahead of CPI tomorrow,” Jim Reid, a strategist at Deutsche Bank, said Monday.</p><p>That’s putting it mildly.</p></body></html>","source":"mwatch_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Today's Inflation Report Could Be Another Headache for the Fed</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\">\nToday's Inflation Report Could Be Another Headache for the Fed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-14 13:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/february-cpi-inflation-data-report-today-ea428646?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The next inflation reading, due on Tuesday, is the last significant report on U.S. consumer prices before the Federal Reserve meets on March 21-22 to make its next interest-rate decision. Chaos in the...</p>\n\n<a href=\"https://www.marketwatch.com/articles/february-cpi-inflation-data-report-today-ea428646?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/articles/february-cpi-inflation-data-report-today-ea428646?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319025769","content_text":"The next inflation reading, due on Tuesday, is the last significant report on U.S. consumer prices before the Federal Reserve meets on March 21-22 to make its next interest-rate decision. Chaos in the banking sector following two bank failures has reoriented the market’s focus in recent days, but that doesn’t change the importance of the data.The U.S. consumer price index (CPI) for February, a key indicator of goods and services inflation, is likely to show that price growth continued to moderate last month, albeit just slightly from January’s level. That suggests the Fed’s effort to tame inflation with higher rates is working, but slowly.Economists surveyed by FactSet expect that CPI rose 6% year-over-year in February, a decline from 6.4% in January, with price growth falling to 0.4% month-over-month from 0.5% in January.“With the year-over-year change in oil prices falling deeper into the negative territory, a notable slide in the headline CPI rate seems more than normal,” said Charalampos Pissouros, an analyst at broker XM.Core CPI, which excludes volatile food and energy costs, likely fell to an annual rate of 5.5% last month from 5.6% in January.“Should the core rate slip by more than anticipated, market participants may feel more confident [of] the latest adjustment in their Fed bets,” said Pissouros.Those bets refer to investors’ expectations for the U.S. central bank’s next move in rates. The Fed raised rates by 25 basis points in February, compared with a 50-basis-point increase in December and several 75-basis-point increases last year. [A basis point is one hundredth of a percentage point.]The rise in interest rates over the past 12 months helped spur a steep stock-market selloff, which resumed in February after stocks rallied in January.Prior to last Friday’s failure of Silicon Valley Bank, and regulatory decisions to backstop depositors and open a new lending facility for banks, traders were split in their outlook for the next rate decision. Some expected the Fed to lift the federal funds rate by 25 basis points, and others, by 50 basis points.Now, says Quincy Krosby, chief global strategist at LPL Financial, there is “a question as to whether the Fed will lift rates at all,” or announce a pause in the bank’s monthly quantitative tightening program. The Fed might do both, she suggested.Monday, the futures market was pricing in a 35% chance that the Fed won’t change interest rates next week, and a 65% chance that it will hike by 25 basis points, according to the CME FedWatch Tool. A half-point rate hike is considered off the table.The sharp rise in interest rates over the past year left Silicon Valley Bank sitting with huge unrealized losses on its bond portfolio, including mortgage-backed securities. When the bank was forced to sell some of its holdings, incurring an actual loss of $1.8 billion, depositors fled.“A fascinating set up ahead of CPI tomorrow,” Jim Reid, a strategist at Deutsche Bank, said Monday.That’s putting it mildly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":21,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196776714272776,"gmtCreate":1689077074883,"gmtModify":1689082557515,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"Where are you guys coming from? How can seeking alpha&nbsp;publish such fear mongering rubbish?&nbsp;","listText":"Where are you guys coming from? How can seeking alpha&nbsp;publish such fear mongering rubbish?&nbsp;","text":"Where are you guys coming from? How can seeking alpha publish such fear mongering rubbish?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/196776714272776","repostId":"2350150577","repostType":4,"repost":{"id":"2350150577","pubTimestamp":1689089244,"share":"https://ttm.financial/m/news/2350150577?lang=&edition=fundamental","pubTime":"2023-07-11 23:27","market":"us","language":"en","title":"CPI Preview: Disinflation Is Finished - Inflation To Start Rising Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2350150577","media":"Seekingalpha","summary":"When inflation is rising, the Federal Funds rate  always is above the core PCE . But more importantly, near the peaks in inflation, the Fed would accelerate the hikes - well above the PCE inflation. That's how you win the race.For example, in March 1980, the Fed hiked from 14% to 17%, while core PCE was at a peak of 9.3%.And now let's look at the current situation. The Fed let inflation get ahead by far in 2022 by wrongly assuming that the inflationary spike was \"transitory.\" The Fed finally cau","content":"<html><head></head><body><h2 id=\"id_1040294062\">Inflation fight - The last 100 meters</h2><p>BIS Annual Economic Report 2023 discusses the macro challenges with &#34;last mile&#34; inflation fight, and states that &#34;the next phase of disinflation may become more difficult.&#34;</p><p>The concept of &#34;last mile&#34; is likely based on a marathon. I competed in 400M/800M events, so I&#39;m familiar with the &#34;last 100m&#34; concept - that&#39;s when the lactic acid kicks in and the legs get heavy, but you have to keep moving.</p><p>I was coached by Que McMaster who worked with the great Micheal Johnson (four Olympic gold medals) in his early days at Baylor, and he had a scientific approach to the &#34;last 100m&#34; problem. The data showed that you can sprint at max speed for 20-25 seconds without triggering lactic acid, so you start really fast, and then you switch into the &#34;glide mode.&#34; The secret was to switch from the &#34;glide mode&#34; to the &#34;finish mode&#34; efficiently, so you can cross the finish line at full speed - without ever triggering lactic acid. The strategy was to get ahead of the competition, and if they never catch up, you win, and if they do catch up, you have enough energy to switch into the higher gear in the last 100m and still win.</p><h2 id=\"id_2395002047\">The Fed is doing it all wrong</h2><p>The Fed is essentially in a race against inflation. Drawing lessons from McMaster&#39;s race strategy, the Fed is supposed to get ahead of inflation - and if inflation accelerates, shift into a more aggressive tightening mode until the clear victory. In fact, that was exactly the Fed&#39;s strategy in the 1970s/early 1980s. Here&#39;s the graph that shows core PCE inflation (in blue) and effective Federal Funds rate (in red):</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ecb07668513c546a65cf80bab6bd6b69\" tg-width=\"640\" tg-height=\"273\"/></p><p>FRED</p><p>What do we see? When inflation is rising, the Federal Funds rate (red) always is above the core PCE (blue). But more importantly, near the peaks in inflation, the Fed would accelerate the hikes - well above the PCE inflation. That&#39;s how you win the race.</p><p>For example, in March 1980, the Fed hiked from 14% to 17%, while core PCE was at a peak of 9.3%.</p><p>And now let&#39;s look at the current situation. The Fed let inflation get ahead by far in 2022 by wrongly assuming that the inflationary spike was &#34;transitory.&#34; The Fed finally caught up with inflation in May 2023 - and then paused? What a mistake. Why? Because it appears that inflation is about to turn higher. It appears that inflation is being coached by McMaster. So, the &#34;last 100m&#34; of this race will be very interesting.</p><h2 id=\"id_1551354841\">Is inflation turning higher?</h2><p>The BLS will release the inflation data for June 2023. These are the expectations:</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a2f496f0dbe4ef7c27b5d5e3f7f4e94\" tg-width=\"640\" tg-height=\"186\"/></p><p>Trading Economics</p><p>So, the headline inflation is expected to sharply fall to 3.1%, but the month-over-month inflation is expected to rise to 0.3%. Core CPI is expected to slightly fall to 5%, while the month-over is also expected at 0.3%.</p><p>The Cleveland Fed Inflation Nowcast predicts slightly higher numbers for June, with CPI at 3.2%, and core CPI at 5.1%, with a 0.4% month-over-month increase for both. Thus, we could get a higher-than-expected number for June.</p><table style=\"border-collapse:collapse;\"><tbody><tr><td style=\"text-align:left;\"><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c931382bcb41e7c48d63f5b6a122dc22\" tg-width=\"522\" tg-height=\"237\"/></p><p>Cleveland Fed</p></td><td style=\"text-align:left;\"><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f31204265451c2e58dbfa0e9f64b130c\" tg-width=\"532\" tg-height=\"239\"/></p><p>Cleveland Fed</p></td></tr></tbody></table><p>But, more importantly, Nowcast predicts higher CPI and core CPI for July at 3.6% and 5.2%, respectively. Even more worrisome is the constant 0.4% month-over-month increase for the core CPI, which is consistent with a steady 5% annual core inflation.</p><p>In fact, the annualized quarterly inflation for Q3 is expected to rise to 4.42% from 3% - that&#39;s a sharp upturn in inflation.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1a799a5b1d21f1242625628e196af499\" tg-width=\"640\" tg-height=\"176\"/></p><p>Cleveland Fed</p><h2 id=\"id_990055891\">Why is inflation rising again?</h2><p>First, inflation is estimated as a 12-month year-over-year increase in prices - so each month you delete the month a year ago from the calculation. Well, last year there was a spike in energy/food prices due to the war in Ukraine, and the peak was in June, so the inflation number for July deletes the June 2022 number - that&#39;s the base effect for the headline CPI, and it looks like this (the big bar is out of the picture for July):</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7196f73499cdc312dfa5f10d6fcc74db\" tg-width=\"640\" tg-height=\"275\"/></p><p>Trading Economics</p><p>And this is the month-over-month inflation for core CPI:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b926d12d7445010f0e24578383effa7\" tg-width=\"640\" tg-height=\"264\"/></p><p>Trading Economics</p><p>The most important data to look at is the fact that over the last six months, the month-over-month core CPI inflation was steady at 0.4%, which is expected to hold for at least the next two months, based on Nowcast. That&#39;s consistent with over 5% annual core CPI - while the target is 2%.</p><p>So, once the base effects are out, we are facing the &#34;last mile&#34; or the &#34;last 100m,&#34; and BIS said this will be a very difficult race. Specifically, BIS is very concerned that there could be a price-wage inflationary spiral in making. When looking at the totality of data, BIS concludes that there&#39;s a high risk of a transition to the 1970s-like high-inflationary mode. More info here.</p><h2 id=\"id_2346461144\">What does the Fed need to do now?</h2><p>The Fed started the race from behind and has been trying to catch up. In order to win the race, the Fed needs to accelerate the monetary policy tightening, well above what is currently expected. Just look at the chart provided above, the red line has to be well above the blue line, there&#39;s no other way. In other words, the Fed might need to surprise the market with a 50bpt hike in July. That&#39;s the transition to the &#34;finish mode,&#34; and that&#39;s what worked in the 1970s. The Taylor rule tool also suggests that the Federal Funds rate should currently be somewhere between 6.6-7.2%.</p><p>The race is over when we see a consistent 0.1%, 0.2% in core PCE for several months. Unfortunately, this might require a very sharp increase in the unemployment rate, possibly above 6%-7%.</p><h2 id=\"id_3478179582\">Implications</h2><p>This is the Fed&#39;s strategy for the &#34;last mile&#34; or &#34;last 100m&#34; of the inflation race: stay behind and wait for inflation to get &#34;tired,&#34; or wait for inflation to get &#34;the lactic acid&#34; and just die out.</p><p>This strategy is unlikely to work, and the Fed will be forced to be more aggressive - to shift into the &#34;finish mode.&#34; However, this will likely cause a deep recession. In fact, there are already signs that growth is stalling or contracting based on the real GDI measure, and yet inflation is expected to turn higher after the June reading.</p><p>The BIS report is particularly worried about the housing sector if the Fed is forced to hike 200bpt above the May rate to above 6%. In this scenario, the housing prices would drop below their 2012 level or more than 33% from the peak. This might be required to bring inflation to 2%.</p><p>The financial sector (XLF) is at the center of the upcoming crisis, given the expected fall in housing prices, and the expected solvency issues in the commercial real estate (XLRE).</p><p>Regional banks (KRE) are likely to be most vulnerable, given their heavy exposure to commercial real estate and mortgages. In addition, the further expected increase in the Federal Funds rate will continue to increase their cost of capital and accelerate the deposit outflows. Thus, it&#39;s likely that many more regional banks would fail.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CPI Preview: Disinflation Is Finished - Inflation To Start Rising Again</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\">\nCPI Preview: Disinflation Is Finished - Inflation To Start Rising Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-11 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4616102-cpi-preview-disinflation-finished-inflation-to-start-rising-again><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Inflation fight - The last 100 metersBIS Annual Economic Report 2023 discusses the macro challenges with \"last mile\" inflation fight, and states that \"the next phase of disinflation may become more ...</p>\n\n<a href=\"https://seekingalpha.com/article/4616102-cpi-preview-disinflation-finished-inflation-to-start-rising-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/article/4616102-cpi-preview-disinflation-finished-inflation-to-start-rising-again","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2350150577","content_text":"Inflation fight - The last 100 metersBIS Annual Economic Report 2023 discusses the macro challenges with \"last mile\" inflation fight, and states that \"the next phase of disinflation may become more difficult.\"The concept of \"last mile\" is likely based on a marathon. I competed in 400M/800M events, so I'm familiar with the \"last 100m\" concept - that's when the lactic acid kicks in and the legs get heavy, but you have to keep moving.I was coached by Que McMaster who worked with the great Micheal Johnson (four Olympic gold medals) in his early days at Baylor, and he had a scientific approach to the \"last 100m\" problem. The data showed that you can sprint at max speed for 20-25 seconds without triggering lactic acid, so you start really fast, and then you switch into the \"glide mode.\" The secret was to switch from the \"glide mode\" to the \"finish mode\" efficiently, so you can cross the finish line at full speed - without ever triggering lactic acid. The strategy was to get ahead of the competition, and if they never catch up, you win, and if they do catch up, you have enough energy to switch into the higher gear in the last 100m and still win.The Fed is doing it all wrongThe Fed is essentially in a race against inflation. Drawing lessons from McMaster's race strategy, the Fed is supposed to get ahead of inflation - and if inflation accelerates, shift into a more aggressive tightening mode until the clear victory. In fact, that was exactly the Fed's strategy in the 1970s/early 1980s. Here's the graph that shows core PCE inflation (in blue) and effective Federal Funds rate (in red):FREDWhat do we see? When inflation is rising, the Federal Funds rate (red) always is above the core PCE (blue). But more importantly, near the peaks in inflation, the Fed would accelerate the hikes - well above the PCE inflation. That's how you win the race.For example, in March 1980, the Fed hiked from 14% to 17%, while core PCE was at a peak of 9.3%.And now let's look at the current situation. The Fed let inflation get ahead by far in 2022 by wrongly assuming that the inflationary spike was \"transitory.\" The Fed finally caught up with inflation in May 2023 - and then paused? What a mistake. Why? Because it appears that inflation is about to turn higher. It appears that inflation is being coached by McMaster. So, the \"last 100m\" of this race will be very interesting.Is inflation turning higher?The BLS will release the inflation data for June 2023. These are the expectations:Trading EconomicsSo, the headline inflation is expected to sharply fall to 3.1%, but the month-over-month inflation is expected to rise to 0.3%. Core CPI is expected to slightly fall to 5%, while the month-over is also expected at 0.3%.The Cleveland Fed Inflation Nowcast predicts slightly higher numbers for June, with CPI at 3.2%, and core CPI at 5.1%, with a 0.4% month-over-month increase for both. Thus, we could get a higher-than-expected number for June.Cleveland FedCleveland FedBut, more importantly, Nowcast predicts higher CPI and core CPI for July at 3.6% and 5.2%, respectively. Even more worrisome is the constant 0.4% month-over-month increase for the core CPI, which is consistent with a steady 5% annual core inflation.In fact, the annualized quarterly inflation for Q3 is expected to rise to 4.42% from 3% - that's a sharp upturn in inflation.Cleveland FedWhy is inflation rising again?First, inflation is estimated as a 12-month year-over-year increase in prices - so each month you delete the month a year ago from the calculation. Well, last year there was a spike in energy/food prices due to the war in Ukraine, and the peak was in June, so the inflation number for July deletes the June 2022 number - that's the base effect for the headline CPI, and it looks like this (the big bar is out of the picture for July):Trading EconomicsAnd this is the month-over-month inflation for core CPI:Trading EconomicsThe most important data to look at is the fact that over the last six months, the month-over-month core CPI inflation was steady at 0.4%, which is expected to hold for at least the next two months, based on Nowcast. That's consistent with over 5% annual core CPI - while the target is 2%.So, once the base effects are out, we are facing the \"last mile\" or the \"last 100m,\" and BIS said this will be a very difficult race. Specifically, BIS is very concerned that there could be a price-wage inflationary spiral in making. When looking at the totality of data, BIS concludes that there's a high risk of a transition to the 1970s-like high-inflationary mode. More info here.What does the Fed need to do now?The Fed started the race from behind and has been trying to catch up. In order to win the race, the Fed needs to accelerate the monetary policy tightening, well above what is currently expected. Just look at the chart provided above, the red line has to be well above the blue line, there's no other way. In other words, the Fed might need to surprise the market with a 50bpt hike in July. That's the transition to the \"finish mode,\" and that's what worked in the 1970s. The Taylor rule tool also suggests that the Federal Funds rate should currently be somewhere between 6.6-7.2%.The race is over when we see a consistent 0.1%, 0.2% in core PCE for several months. Unfortunately, this might require a very sharp increase in the unemployment rate, possibly above 6%-7%.ImplicationsThis is the Fed's strategy for the \"last mile\" or \"last 100m\" of the inflation race: stay behind and wait for inflation to get \"tired,\" or wait for inflation to get \"the lactic acid\" and just die out.This strategy is unlikely to work, and the Fed will be forced to be more aggressive - to shift into the \"finish mode.\" However, this will likely cause a deep recession. In fact, there are already signs that growth is stalling or contracting based on the real GDI measure, and yet inflation is expected to turn higher after the June reading.The BIS report is particularly worried about the housing sector if the Fed is forced to hike 200bpt above the May rate to above 6%. In this scenario, the housing prices would drop below their 2012 level or more than 33% from the peak. This might be required to bring inflation to 2%.The financial sector (XLF) is at the center of the upcoming crisis, given the expected fall in housing prices, and the expected solvency issues in the commercial real estate (XLRE).Regional banks (KRE) are likely to be most vulnerable, given their heavy exposure to commercial real estate and mortgages. In addition, the further expected increase in the Federal Funds rate will continue to increase their cost of capital and accelerate the deposit outflows. Thus, it's likely that many more regional banks would fail.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955916256,"gmtCreate":1675129733176,"gmtModify":1676538978055,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"Good to load up&nbsp;at $135 which is fair value for TSLA at the moment...&nbsp;","listText":"Good to load up&nbsp;at $135 which is fair value for TSLA at the moment...&nbsp;","text":"Good to load up at $135 which is fair value for TSLA at the moment...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955916256","repostId":"1147905501","repostType":2,"repost":{"id":"1147905501","pubTimestamp":1675123436,"share":"https://ttm.financial/m/news/1147905501?lang=&edition=fundamental","pubTime":"2023-01-31 08:03","market":"us","language":"en","title":"Tesla: Calm Before The Interest Rate Storm","url":"https://stock-news.laohu8.com/highlight/detail?id=1147905501","media":"Seeking Alpha","summary":"SummaryWe seek to quantify the adverse effect of interest rate increases on demand and pricing power","content":"<html><head></head><body><h2>Summary</h2><ul><li>We seek to quantify the adverse effect of interest rate increases on demand and pricing power for Tesla, Inc.</li><li>We look at some of Musk&#39;s more troubling statements, about Federal Reserve policy, the recession and other overlooked factors.</li><li>Investors may want to stay cautious, as Tesla could face more headwinds than seems obvious, despite last week&#39;s strong rally.</li><li>Despite the strong headwinds, there is still a strong case to be made for Tesla&#39;s future dominance in energy, robotics, AI and self-driving, albeit sacrificing a margin of safety.</li></ul><p><img src=\"https://static.tigerbbs.com/f4d54f6d64a49f3f5870fd3eb35006ad\" tg-width=\"750\" tg-height=\"484\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Tesla, Inc. (NASDAQ:TSLA) soared last week after its earnings call, from a low of $101.20 three weeks ago, and rebounded 76.85% to a share price of $178.97. The earnings call contained many subtle, yet very important and alarming clues that seemed to be rather overlooked by most.</p><p>We will explain why investors may want to tread carefully with Tesla, Inc., and perhaps wait for volatility to subside, due to the impact of higher interest rates and an impending consumer recession, which has not yet fully sunk in.</p><h2>Demand Headwinds?</h2><p>In terms of demand, the question right now is not necessarily whether Tesla will have enough demand, but rather how much pricing power they have vis-à-vis their 2023 output. Gross margin is a very important factor in that calculation.</p><p>If we look at Tesla&#39;sgross margins, they peaked at 32.9% in Q1 2022, and dropped to about 25.9% in Q4. That&#39;s quite a difference, because in Q1 Tesla did $16.86BN in sales, and $21.31BN in Q4, but made the same gross revenue attributable to such margin decline. Fortunately, Tesla has tremendous operating leverage, with OpEx. remaining almost miraculously flat over the past few years.</p><p><img src=\"https://static.tigerbbs.com/929b45b1bb1ca3ceeee75edbdbe8ccb8\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TIKR Terminal</p><p>But the reduction in gross margin does signal to us that demand may not be as elastic as previously estimated by Tesla executives. We think thenext platform, where we could see vehicles produced for $25,000 or $30,000, will be crucial if Tesla wants to drive up profits, and make up for it in volume, given that the market for premium EVs is only so big.</p><p>As for margins, an analyst asked during the call about rumors that gross margins for cars would fall below 20% and that the average selling price (ASP) would fall below $47,000 after price cuts, to which management replied:</p><blockquote>So there is certainly a lot of uncertainty about how the year will unfold, but I&#39;ll share what&#39;s in our current forecast for a moment. So based upon these metrics here, we believe that we&#39;ll be above both of the metrics that are stated in the question, so 20% automotive gross margin, excluding leases and rent credits and then $47,000 ASP across all models. (Zachary Kirkhorn, CFO)</blockquote><p>Management also confirmed its intentions to produce 1.8 million vehicles by 2023, so we take all those 3 parameters in this valuation to set out the low bar of what Tesla definitely expects to deliver in terms of results. We think this is a conservative approach given the many uncertainties. At 1.8 million units, an ASP of $47k and a gross margin of 20%, that would mean $16.92BN in gross profit. If OpEx increased linearly as it has over the past 2 years, we would expect about $8BN in OpEx, which would bring operating income to about $8.92BN.</p><p>In our view, that is a scenario that could play out in a fairly severe recession, but it has been set as a benchmark by Tesla itself, which they could certainly beat. The reason we put that scenario on the table is mostly due toour foresightabout where the economy is going, and Elon Musk&#39;s comments. Currently, in terms of car sales, bothin Europeandthe U.S., things don&#39;t look so bleak. Fortunately, EVs are the least dirty shirt of all, still going strong.</p><p><img src=\"https://static.tigerbbs.com/91b93ec37a29e3b4ee254dce4c9a4efc\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TIKR Terminal</p><p>We think Elon has also already given some small hints about what the automotive landscape looks like at the moment, sort of implying that he would not be surprised if Tesla shares fell to &#34;surprisingly low levels.&#34;</p><blockquote>As I said in the last call, there&#39;s going to be bumps along the way and we&#39;ll probably have a pretty difficult recession this year, probably. I hope not, but probably. And so, one can&#39;t predict the short-term sort of stock value, because when there&#39;s a recession and people panic and the stock market then prices of stocks, worth<b>value of stocks can drop sometimes to surprisingly low levels</b>. (Emphasis added.)</blockquote><p>About a recession, he had the following to say:</p><blockquote>Yes. My guess is, if there is --<b>if the recession is a serious one and I think it probably will be</b>, but I hope it isn&#39;t, that would lead to meaningful decreases in almost all of our input costs. So we expect to see deflation in our input costs most likely, which would then lead to, yes, better margin. I&#39;m just guessing here. So, this is -- that would be my guess. (Emphasis added.)</blockquote><p>Consequently, Elon Musk also thinks the U.S. is on the brink of a severe recession. Despite such comments, investors did not seem to act cautiously, especially after seeing the stock rise 75%+ in no time.</p><p>We think this volatility will persist. On the other hand, there is a possibility, that when we enter a recession, commodity prices tend to fall, as Elon thinks. On the other hand,according to strategists, commodity price inflation accelerates the world&#39;s transition away from fossil fuels by making renewables more competitive.</p><p><img src=\"https://static.tigerbbs.com/e879cc424aa6818a93210c38629c1b5a\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>We doubt that statement a bit, because the demand for certain commodities such as lithium and copper has a very different dynamic now than in the past, while the demand for lithium-ion batteries and energy storage currently seems essentially infinite. Tesla itself is working toward 1,000 GWh.</p><p>That&#39;s still a long way off, as production of 1.31 million vehicles in 2022 would have required about 100 GWh+, according to our estimate. If Tesla were to exponentially double its lithium production, along with every other automaker, we believe it would be difficult to see production drop significantly, as we believe demand will continue to outstrip supply for quite some time.</p><p>However, management also seems to believe that these types of commodities are expected to remain high in 2023.</p><blockquote>On the raw materials and inflation side, where<b>lithium is the large driver there and this was a meaningful source of cost increase for us, we&#39;ll have to see where lithium prices go</b>. And we&#39;re not fully exposed to lithium prices, but I think in general, is what we&#39;ve seen from our forecast here, cost per car of lithium in 2023 will be higher than 2022. So that&#39;s a headwind that would have to be overcome to return back to those levels. (Emphasis added.)</blockquote><h2>Near-Term Valuation</h2><p>In the field of investing, there is a well-known saying that goes: look down, not up. This implies that investors should always strive to minimize the loss of principal. With that in mind, we will examine what the downside might look like under stressful conditions, as we saw in late 2022.</p><p>The usual indicators of economic turmoil, such as the 2-10-year yield curve or the3-month 10-yearyield curve, are deeply inverted, most since the 1980s. Combined with two consecutive quarters of negative GDP and a large amount of excess liquidity being withdrawn from the monetary system, and thelong and variable lagsof monetary policy, this will create interesting conditions in the 2H 2022.</p><p><img src=\"https://static.tigerbbs.com/2a429bb67866c69349254583b0022343\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Federal Reserve (FRED)</p><p>However, going back to the bear case of about $8.92BN in operating income, we think investors are still willing to assign a higher multiple to the stock, as has been the case in the past. Tesla has always traded at a premium, whether that is because of its growth or an upbeat outlook is for another debate.</p><p>At a multiple of 30x, the stock would come out at $267.6BN, or only $84.74 in a rather worst-case scenario, closer to the $101.20 of 3 weeks ago. However, there is something to be said that it could be even lower if we look at statistics such as free cash flow. Tesla generated $7.6BN in FCF, currently trading at nearly 74x 2022 FCF, while it had industry-leading margins especially in 1H.</p><p>It is hard to find other companies at the same level as Tesla, producing the same output when it comes to EVs. In our opinion, BYD (OTCPK:BYDDF) comes closest to Tesla,which produced911,140 EVs with pure batteries, or 1.86 million total plug-in vehicles. We understand that Chinese companies have been trading at a discount to U.S. stocks lately, due to geopolitical factors, although the discrepancy with Tesla is much larger compared to, say, other U.S. tech stocks versus Chinese tech stocks. TheHang Senghas a P/E ratio of 12.43 compared to21.76 for the S&amp;P 500(SPY).</p><p>On an LTM basis, BYD had $6.15BN in FCF, similar to Tesla as you can see in the chart below, but the company only hasa market capof $106.7BN. This means that, taking into account the U.S. stock premium, some might justify a valuation closer to $200BN, in times of distress. Or, as Musk would say, in a recession &#34;the value of stocks can sometimes fall to surprisingly low levels.&#34;</p><p><img src=\"https://static.tigerbbs.com/4bdc9e9abcaea70f14ab8b7b1a7546dc\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TIKR Terminal</p><p>If it ever gets close to BYD&#39;s relative valuation, and that bridge is closed, we do not rule out a scenario in which Tesla could touch that $200BN market cap, or $63.34 per share. That is mainly why we are currently giving a hold rating, because the risk of losing principal in the short to medium term could be quite high, in a market that is still in its early stages.</p><p>We have also not yet seen the impact of competition on margins, as they are extremelyslow in their transitionto EVs, not counting certain Chinese EV manufacturers. Here&#39;s what management had to say about their Chinese competitors:</p><blockquote>In the vehicle space, even though the market is shrinking, we&#39;re growing and EVs have doubled almost year-over-year. So, like it ever keeps up with the trend of EVs is going to be our competitor.<b>The Chinese are scary; we always say that</b>. (Emphasis added.)</blockquote><p>Elon also gave his input:</p><blockquote>I think we have a lot of respect for the car companies in China. They are the most competitive in the world, that is our experience and the Chinese market, it is the most competitive. They work the hardest and they work the smartest, that&#39;s so for the China car companies that we&#39;re competing against. And so we would guess, there are probably some company out of China<b>as the most likely to be second to Tesla</b>. (Emphasis added.)</blockquote><p>The issue of a buyback has also been on the table since Tesla was trading well above $200 but did not break through because they wanted to play it safe, with a potentially severe recession around the corner. About their $20BN balance sheet, he had the following to say:</p><blockquote>The cash is earning a ridiculous return, a good return. So it&#39;s like nontrivial. And the interest rate actually in the $20 billion is earning like quite a good amount.</blockquote><p><img src=\"https://static.tigerbbs.com/b02559674a92712ba5d9641d9bdfc757\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>On the one hand, it seems a bit paradoxical to us. Currently, the highestinterest rateis 4.79% on a 6-month Treasury note, it&#39;s a bit strange to call that a good amount compared to the promised 50% revenue growth from Elon and his team. Though, we can totally see why Tesla doesn&#39;t want to do a buyback after the bouts they had in2008and2018, nearly bankrupt.</p><p>But having no confidence inissuing a buyback, and havingsold $40BNworth of shares himself, doesn&#39;t exactly scream downside protection and &#34;extremely undervalued&#34; stock to us.</p><p>Interest Rate Headwinds</p><p>About interest rates and the Federal Reserve, Elon had something remarkable to say toward the end of the talk that we don&#39;t think anyone really spoke about. He said the following:</p><blockquote>I&#39;ve made this point on Twitter a few times. I&#39;m sure a lot of people on this call understand the fact -- the basic value of a security is a function of the risk-free rate or<b>we&#39;ll see how risk-free it really is</b>but the T-bill rate. So if you&#39;ve got -- I think the -- I recall correctly, the S&amp;P 500 has a long-term rate of return of roughly 6%. And so I think that needs to be very cautious about having Fed rates that potentially exceeds 6%. (Emphasis added.)</blockquote><p>The suggestion that &#34;we&#39;ll see how risk-free it really is&#34; caught us somewhat by surprise, but it does confirm that serious economic turmoil is imminent. Or perhaps it refers to ahypothetical first defaultby the U.S. of the $31.4T debt ceiling recently reached.</p><p>Outside an economic downturn, we personally consider it likely that other events will occur as unintended consequences, such as a liquidity crunch like March 2020, turmoil in the Treasury market or something that might break through, such as the shadow banking/ Eurodollar system. Ray Dalio also warnedearlier this weekthat the dollar-dominated world order is &#34;fading.&#34;</p><p>So when it comes to policy mistakes, we believe the risks are higher than ever. Remember that interest rate hikes take at least12 monthsto have a widespread economic effect, and 18 months to be fully felt. Inflation is already starting to fall, and these increases at a record pace are not likely to be fully felt until 2H 2023. It may be in the interest of Tesla and the economy if the Fed proceeds cautiously.</p><p><img src=\"https://static.tigerbbs.com/5aa0af10c51a1332ede890af1bed82d7\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Federal Reserve (FRED)</p><p>Interest rates and auto loans, as a function of GDP, at about 5.5% of GDP, have almost never been higher. Consumer debt in general is at historically high levels. The impact of a Federal Funds rate above 5% can be felt harder, knowing that in the past, debt was much lower than GDP when interest rates were even higher.</p><p>Applying this specifically to Tesla, there is a significant headwind that these higher rates create. We have not yet experienced interest rates being raised this far from near zero, but the effect on auto loans is already starting to be felt.</p><p>The chart below shows the correlation between the Federal Funds Rate in red, thefinancing rateon 48-month auto loans in blue and total auto sales in green.</p><p><img src=\"https://static.tigerbbs.com/4f8932fd5b55cac7c05931b71c9d768c\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Federal Reserve (FRED)</p><p>The first thing to note is that there is usually a 3% spread between Federal Funds and loan rates, unless the interest rate is close to zero. If we have a Federal Funds rate of 5%, it is reasonable to estimate that loan rates will be near 8%, if not higher.</p><p>Auto loans have been around 4.5% for the past 8 years. That difference will be felt. For example, if we take a standard Model Y, at 4.5% you would end up paying about $7,880 in interest, versus $14,470.</p><p><img src=\"https://static.tigerbbs.com/93e566a927b8e559d42c884c638f4cbc\" tg-width=\"640\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Auto Loan Calculator</p><p>That&#39;s a difference of about $6590, or a 10.45% increase in the total price when purchased with a loan, due to higher rates. Without taking into account the possibility of declining car sales due to higher unemployment, etc.</p><p><img src=\"https://static.tigerbbs.com/8a41a6ef086dc379f5059a0879c5c176\" tg-width=\"640\" tg-height=\"345\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Auto Loan Calculator</p><p>On Tesla&#39;s website in the US you can currently get an APR of 5.34%, and in the EU we could find a rate of about 2% APR on a standard Model Y. For people with lower credit scores trying to buyan affordable car, the impact is even greater. As the Fedand ECBcontinue to raise interest rates, we see this as a serious headwind.</p><blockquote>As you raise the price, the percentage of people that can afford the car starts to drop exponentially. (Elon Musk,Tesla owners Silicon Valley podcast)</blockquote><h2>Energy Is Currency</h2><p>Aside from the relative valuation and near-term headwinds, we also would not sell or short Tesla at these prices. With near infinite demand for green and renewable energy storage, Tesla&#39;s headwinds in vehicle demand may soon turn into tailwinds as an energy manufacturer.</p><p>For reference, over the past more than 10 years, the cost of lithium-ion batteries has fallen, according to Wright&#39;s Law. That means that for every cumulative doubling of the number of units produced, the cost falls by a constant percentage. At about $100/kWh, EVs reach the samesticker priceas internal combustion vehicles, and it no longer becomes economically justifiable to buy those ICE vehicles, since both the initial selling price and the cost of ownership are cheaper for EVs.</p><p><img src=\"https://static.tigerbbs.com/70b7b82478006efc000031a08f00eabe\" tg-width=\"640\" tg-height=\"320\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author&#39;s Graph (Bloomberg Data)</p><p>Prices currentlyaverage $151/kWh, although some manufacturers in China were already close to $100/kWh by 2022. Recently, commodity prices have heavily depressed the natural decline in battery cell prices. During the Q3 earnings call, Elon Musk told investors that once the 4680 battery cell is fully integrated, he believes there is a path to $70 per kWh cell.</p><p><img src=\"https://static.tigerbbs.com/28a9861bf0db45a6592fb4d1869c5131\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Bloomberg</p><p>What&#39;s crazy is that, with the &#34;inflation reduction act&#34;, Tesla as a manufacturer of battery cells could receive credits worth $35/kWh. They currently work together with Panasonic and had this to say:</p><blockquote>In the case of Panasonic domestic manufacturing, we&#39;re splitting the value of the credits. So it -- the value of credits this year will not be gigantic, but I think it could be gigantic -- we think it probably will be very significant in the future. (Elon Musk, Q4)</blockquote><p>At 500 GWh, for example, those credits alone would be worth $17.5BN. Not only would that be a game changer, it would make Tesla one of the leaders in mass production of batteries. We think this is crucial, because we firmly believe that the future will be a combination ofbattery cells, wind and solar.</p><p>This could certainly be a case like Amazon, which some analysts were bearish about in the early 2000s because Amazon&#39;s business model then had low margins as an Internet wholesaler. Just as Tesla could see its margins shrink, we believe they will continue to use their cash flow and technological edge to expand as a conglomerate in the areas of energy, robotics, artificial and perhaps self-driving.</p><p>In Tesla&#39;s case, it&#39;s a positive feedback loop, even in terms of AI and computing power. Even if it fails to maintain its industry-leading operating margins, they still have the benefit of their AI, data collection, energy and manufacturing/ automation. When training AI models, if you have access to a world-class team, renewable energy,computing(Dojo) and robotics, you are well-prepared to lead in the AI race as well.</p><blockquote>As we mentioned many times before, we want to be the best manufacturer. But really, manufacturing technology will be our most important long-term strength. (Elon Musk, Q4 Call)</blockquote><h2>The Bottom Line</h2><p>With a consumer recession around the corner, ahawkish Fed, and uncertainty surrounding Tesla&#39;s pricing power, it may be a good idea to exercise some caution and not chase trends and volatility. On the other hand, much can be said about Tesla&#39;s important long-term outlook.</p><p>One thing is certain: if it&#39;s bad for Tesla, imagine what it will be like for all the other legacy car manufacturers who riddled in debt and have not been in this situation since before 2008.... Here is a quote from the earnings call to sum everything up, about if interest rates were to get closer to 6%:</p><blockquote>Basically, the Fed is the risk of crushing the value of all equities, which is quite a serious, danger. (Elon Musk, Q4 Call)</blockquote></body></html>","source":"seekingalpha_fund","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>Tesla: Calm Before The Interest Rate Storm</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\">\nTesla: Calm Before The Interest Rate Storm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-31 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4573523-tesla-calm-before-the-interest-rate-storm><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWe seek to quantify the adverse effect of interest rate increases on demand and pricing power for Tesla, Inc.We look at some of Musk's more troubling statements, about Federal Reserve policy, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4573523-tesla-calm-before-the-interest-rate-storm\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4573523-tesla-calm-before-the-interest-rate-storm","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147905501","content_text":"SummaryWe seek to quantify the adverse effect of interest rate increases on demand and pricing power for Tesla, Inc.We look at some of Musk's more troubling statements, about Federal Reserve policy, the recession and other overlooked factors.Investors may want to stay cautious, as Tesla could face more headwinds than seems obvious, despite last week's strong rally.Despite the strong headwinds, there is still a strong case to be made for Tesla's future dominance in energy, robotics, AI and self-driving, albeit sacrificing a margin of safety.Tesla, Inc. (NASDAQ:TSLA) soared last week after its earnings call, from a low of $101.20 three weeks ago, and rebounded 76.85% to a share price of $178.97. The earnings call contained many subtle, yet very important and alarming clues that seemed to be rather overlooked by most.We will explain why investors may want to tread carefully with Tesla, Inc., and perhaps wait for volatility to subside, due to the impact of higher interest rates and an impending consumer recession, which has not yet fully sunk in.Demand Headwinds?In terms of demand, the question right now is not necessarily whether Tesla will have enough demand, but rather how much pricing power they have vis-à-vis their 2023 output. Gross margin is a very important factor in that calculation.If we look at Tesla'sgross margins, they peaked at 32.9% in Q1 2022, and dropped to about 25.9% in Q4. That's quite a difference, because in Q1 Tesla did $16.86BN in sales, and $21.31BN in Q4, but made the same gross revenue attributable to such margin decline. Fortunately, Tesla has tremendous operating leverage, with OpEx. remaining almost miraculously flat over the past few years.TIKR TerminalBut the reduction in gross margin does signal to us that demand may not be as elastic as previously estimated by Tesla executives. We think thenext platform, where we could see vehicles produced for $25,000 or $30,000, will be crucial if Tesla wants to drive up profits, and make up for it in volume, given that the market for premium EVs is only so big.As for margins, an analyst asked during the call about rumors that gross margins for cars would fall below 20% and that the average selling price (ASP) would fall below $47,000 after price cuts, to which management replied:So there is certainly a lot of uncertainty about how the year will unfold, but I'll share what's in our current forecast for a moment. So based upon these metrics here, we believe that we'll be above both of the metrics that are stated in the question, so 20% automotive gross margin, excluding leases and rent credits and then $47,000 ASP across all models. (Zachary Kirkhorn, CFO)Management also confirmed its intentions to produce 1.8 million vehicles by 2023, so we take all those 3 parameters in this valuation to set out the low bar of what Tesla definitely expects to deliver in terms of results. We think this is a conservative approach given the many uncertainties. At 1.8 million units, an ASP of $47k and a gross margin of 20%, that would mean $16.92BN in gross profit. If OpEx increased linearly as it has over the past 2 years, we would expect about $8BN in OpEx, which would bring operating income to about $8.92BN.In our view, that is a scenario that could play out in a fairly severe recession, but it has been set as a benchmark by Tesla itself, which they could certainly beat. The reason we put that scenario on the table is mostly due toour foresightabout where the economy is going, and Elon Musk's comments. Currently, in terms of car sales, bothin Europeandthe U.S., things don't look so bleak. Fortunately, EVs are the least dirty shirt of all, still going strong.TIKR TerminalWe think Elon has also already given some small hints about what the automotive landscape looks like at the moment, sort of implying that he would not be surprised if Tesla shares fell to \"surprisingly low levels.\"As I said in the last call, there's going to be bumps along the way and we'll probably have a pretty difficult recession this year, probably. I hope not, but probably. And so, one can't predict the short-term sort of stock value, because when there's a recession and people panic and the stock market then prices of stocks, worthvalue of stocks can drop sometimes to surprisingly low levels. (Emphasis added.)About a recession, he had the following to say:Yes. My guess is, if there is --if the recession is a serious one and I think it probably will be, but I hope it isn't, that would lead to meaningful decreases in almost all of our input costs. So we expect to see deflation in our input costs most likely, which would then lead to, yes, better margin. I'm just guessing here. So, this is -- that would be my guess. (Emphasis added.)Consequently, Elon Musk also thinks the U.S. is on the brink of a severe recession. Despite such comments, investors did not seem to act cautiously, especially after seeing the stock rise 75%+ in no time.We think this volatility will persist. On the other hand, there is a possibility, that when we enter a recession, commodity prices tend to fall, as Elon thinks. On the other hand,according to strategists, commodity price inflation accelerates the world's transition away from fossil fuels by making renewables more competitive.Data byYChartsWe doubt that statement a bit, because the demand for certain commodities such as lithium and copper has a very different dynamic now than in the past, while the demand for lithium-ion batteries and energy storage currently seems essentially infinite. Tesla itself is working toward 1,000 GWh.That's still a long way off, as production of 1.31 million vehicles in 2022 would have required about 100 GWh+, according to our estimate. If Tesla were to exponentially double its lithium production, along with every other automaker, we believe it would be difficult to see production drop significantly, as we believe demand will continue to outstrip supply for quite some time.However, management also seems to believe that these types of commodities are expected to remain high in 2023.On the raw materials and inflation side, wherelithium is the large driver there and this was a meaningful source of cost increase for us, we'll have to see where lithium prices go. And we're not fully exposed to lithium prices, but I think in general, is what we've seen from our forecast here, cost per car of lithium in 2023 will be higher than 2022. So that's a headwind that would have to be overcome to return back to those levels. (Emphasis added.)Near-Term ValuationIn the field of investing, there is a well-known saying that goes: look down, not up. This implies that investors should always strive to minimize the loss of principal. With that in mind, we will examine what the downside might look like under stressful conditions, as we saw in late 2022.The usual indicators of economic turmoil, such as the 2-10-year yield curve or the3-month 10-yearyield curve, are deeply inverted, most since the 1980s. Combined with two consecutive quarters of negative GDP and a large amount of excess liquidity being withdrawn from the monetary system, and thelong and variable lagsof monetary policy, this will create interesting conditions in the 2H 2022.Federal Reserve (FRED)However, going back to the bear case of about $8.92BN in operating income, we think investors are still willing to assign a higher multiple to the stock, as has been the case in the past. Tesla has always traded at a premium, whether that is because of its growth or an upbeat outlook is for another debate.At a multiple of 30x, the stock would come out at $267.6BN, or only $84.74 in a rather worst-case scenario, closer to the $101.20 of 3 weeks ago. However, there is something to be said that it could be even lower if we look at statistics such as free cash flow. Tesla generated $7.6BN in FCF, currently trading at nearly 74x 2022 FCF, while it had industry-leading margins especially in 1H.It is hard to find other companies at the same level as Tesla, producing the same output when it comes to EVs. In our opinion, BYD (OTCPK:BYDDF) comes closest to Tesla,which produced911,140 EVs with pure batteries, or 1.86 million total plug-in vehicles. We understand that Chinese companies have been trading at a discount to U.S. stocks lately, due to geopolitical factors, although the discrepancy with Tesla is much larger compared to, say, other U.S. tech stocks versus Chinese tech stocks. TheHang Senghas a P/E ratio of 12.43 compared to21.76 for the S&P 500(SPY).On an LTM basis, BYD had $6.15BN in FCF, similar to Tesla as you can see in the chart below, but the company only hasa market capof $106.7BN. This means that, taking into account the U.S. stock premium, some might justify a valuation closer to $200BN, in times of distress. Or, as Musk would say, in a recession \"the value of stocks can sometimes fall to surprisingly low levels.\"TIKR TerminalIf it ever gets close to BYD's relative valuation, and that bridge is closed, we do not rule out a scenario in which Tesla could touch that $200BN market cap, or $63.34 per share. That is mainly why we are currently giving a hold rating, because the risk of losing principal in the short to medium term could be quite high, in a market that is still in its early stages.We have also not yet seen the impact of competition on margins, as they are extremelyslow in their transitionto EVs, not counting certain Chinese EV manufacturers. Here's what management had to say about their Chinese competitors:In the vehicle space, even though the market is shrinking, we're growing and EVs have doubled almost year-over-year. So, like it ever keeps up with the trend of EVs is going to be our competitor.The Chinese are scary; we always say that. (Emphasis added.)Elon also gave his input:I think we have a lot of respect for the car companies in China. They are the most competitive in the world, that is our experience and the Chinese market, it is the most competitive. They work the hardest and they work the smartest, that's so for the China car companies that we're competing against. And so we would guess, there are probably some company out of Chinaas the most likely to be second to Tesla. (Emphasis added.)The issue of a buyback has also been on the table since Tesla was trading well above $200 but did not break through because they wanted to play it safe, with a potentially severe recession around the corner. About their $20BN balance sheet, he had the following to say:The cash is earning a ridiculous return, a good return. So it's like nontrivial. And the interest rate actually in the $20 billion is earning like quite a good amount.Data byYChartsOn the one hand, it seems a bit paradoxical to us. Currently, the highestinterest rateis 4.79% on a 6-month Treasury note, it's a bit strange to call that a good amount compared to the promised 50% revenue growth from Elon and his team. Though, we can totally see why Tesla doesn't want to do a buyback after the bouts they had in2008and2018, nearly bankrupt.But having no confidence inissuing a buyback, and havingsold $40BNworth of shares himself, doesn't exactly scream downside protection and \"extremely undervalued\" stock to us.Interest Rate HeadwindsAbout interest rates and the Federal Reserve, Elon had something remarkable to say toward the end of the talk that we don't think anyone really spoke about. He said the following:I've made this point on Twitter a few times. I'm sure a lot of people on this call understand the fact -- the basic value of a security is a function of the risk-free rate orwe'll see how risk-free it really isbut the T-bill rate. So if you've got -- I think the -- I recall correctly, the S&P 500 has a long-term rate of return of roughly 6%. And so I think that needs to be very cautious about having Fed rates that potentially exceeds 6%. (Emphasis added.)The suggestion that \"we'll see how risk-free it really is\" caught us somewhat by surprise, but it does confirm that serious economic turmoil is imminent. Or perhaps it refers to ahypothetical first defaultby the U.S. of the $31.4T debt ceiling recently reached.Outside an economic downturn, we personally consider it likely that other events will occur as unintended consequences, such as a liquidity crunch like March 2020, turmoil in the Treasury market or something that might break through, such as the shadow banking/ Eurodollar system. Ray Dalio also warnedearlier this weekthat the dollar-dominated world order is \"fading.\"So when it comes to policy mistakes, we believe the risks are higher than ever. Remember that interest rate hikes take at least12 monthsto have a widespread economic effect, and 18 months to be fully felt. Inflation is already starting to fall, and these increases at a record pace are not likely to be fully felt until 2H 2023. It may be in the interest of Tesla and the economy if the Fed proceeds cautiously.Federal Reserve (FRED)Interest rates and auto loans, as a function of GDP, at about 5.5% of GDP, have almost never been higher. Consumer debt in general is at historically high levels. The impact of a Federal Funds rate above 5% can be felt harder, knowing that in the past, debt was much lower than GDP when interest rates were even higher.Applying this specifically to Tesla, there is a significant headwind that these higher rates create. We have not yet experienced interest rates being raised this far from near zero, but the effect on auto loans is already starting to be felt.The chart below shows the correlation between the Federal Funds Rate in red, thefinancing rateon 48-month auto loans in blue and total auto sales in green.Federal Reserve (FRED)The first thing to note is that there is usually a 3% spread between Federal Funds and loan rates, unless the interest rate is close to zero. If we have a Federal Funds rate of 5%, it is reasonable to estimate that loan rates will be near 8%, if not higher.Auto loans have been around 4.5% for the past 8 years. That difference will be felt. For example, if we take a standard Model Y, at 4.5% you would end up paying about $7,880 in interest, versus $14,470.Auto Loan CalculatorThat's a difference of about $6590, or a 10.45% increase in the total price when purchased with a loan, due to higher rates. Without taking into account the possibility of declining car sales due to higher unemployment, etc.Auto Loan CalculatorOn Tesla's website in the US you can currently get an APR of 5.34%, and in the EU we could find a rate of about 2% APR on a standard Model Y. For people with lower credit scores trying to buyan affordable car, the impact is even greater. As the Fedand ECBcontinue to raise interest rates, we see this as a serious headwind.As you raise the price, the percentage of people that can afford the car starts to drop exponentially. (Elon Musk,Tesla owners Silicon Valley podcast)Energy Is CurrencyAside from the relative valuation and near-term headwinds, we also would not sell or short Tesla at these prices. With near infinite demand for green and renewable energy storage, Tesla's headwinds in vehicle demand may soon turn into tailwinds as an energy manufacturer.For reference, over the past more than 10 years, the cost of lithium-ion batteries has fallen, according to Wright's Law. That means that for every cumulative doubling of the number of units produced, the cost falls by a constant percentage. At about $100/kWh, EVs reach the samesticker priceas internal combustion vehicles, and it no longer becomes economically justifiable to buy those ICE vehicles, since both the initial selling price and the cost of ownership are cheaper for EVs.Author's Graph (Bloomberg Data)Prices currentlyaverage $151/kWh, although some manufacturers in China were already close to $100/kWh by 2022. Recently, commodity prices have heavily depressed the natural decline in battery cell prices. During the Q3 earnings call, Elon Musk told investors that once the 4680 battery cell is fully integrated, he believes there is a path to $70 per kWh cell.BloombergWhat's crazy is that, with the \"inflation reduction act\", Tesla as a manufacturer of battery cells could receive credits worth $35/kWh. They currently work together with Panasonic and had this to say:In the case of Panasonic domestic manufacturing, we're splitting the value of the credits. So it -- the value of credits this year will not be gigantic, but I think it could be gigantic -- we think it probably will be very significant in the future. (Elon Musk, Q4)At 500 GWh, for example, those credits alone would be worth $17.5BN. Not only would that be a game changer, it would make Tesla one of the leaders in mass production of batteries. We think this is crucial, because we firmly believe that the future will be a combination ofbattery cells, wind and solar.This could certainly be a case like Amazon, which some analysts were bearish about in the early 2000s because Amazon's business model then had low margins as an Internet wholesaler. Just as Tesla could see its margins shrink, we believe they will continue to use their cash flow and technological edge to expand as a conglomerate in the areas of energy, robotics, artificial and perhaps self-driving.In Tesla's case, it's a positive feedback loop, even in terms of AI and computing power. Even if it fails to maintain its industry-leading operating margins, they still have the benefit of their AI, data collection, energy and manufacturing/ automation. When training AI models, if you have access to a world-class team, renewable energy,computing(Dojo) and robotics, you are well-prepared to lead in the AI race as well.As we mentioned many times before, we want to be the best manufacturer. But really, manufacturing technology will be our most important long-term strength. (Elon Musk, Q4 Call)The Bottom LineWith a consumer recession around the corner, ahawkish Fed, and uncertainty surrounding Tesla's pricing power, it may be a good idea to exercise some caution and not chase trends and volatility. On the other hand, much can be said about Tesla's important long-term outlook.One thing is certain: if it's bad for Tesla, imagine what it will be like for all the other legacy car manufacturers who riddled in debt and have not been in this situation since before 2008.... Here is a quote from the earnings call to sum everything up, about if interest rates were to get closer to 6%:Basically, the Fed is the risk of crushing the value of all equities, which is quite a serious, danger. (Elon Musk, Q4 Call)","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963700324,"gmtCreate":1668745553069,"gmtModify":1676538107262,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"One more 75 basis points please, I want to loose and then buy more. 😆&nbsp;","listText":"One more 75 basis points please, I want to loose and then buy more. 😆&nbsp;","text":"One more 75 basis points please, I want to loose and then buy more. 😆","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9963700324","repostId":"1103280772","repostType":2,"repost":{"id":"1103280772","pubTimestamp":1668736676,"share":"https://ttm.financial/m/news/1103280772?lang=&edition=fundamental","pubTime":"2022-11-18 09:57","market":"us","language":"en","title":"Bullard Sets Tone for Fed Officials Signaling Hikes Will Roll On","url":"https://stock-news.laohu8.com/highlight/detail?id=1103280772","media":"Bloomberg","summary":"Borrowing costs should be high enough to curb inflationTightening has had limited effect on prices s","content":"<html><head></head><body><ul><li>Borrowing costs should be high enough to curb inflation</li><li>Tightening has had limited effect on prices so far, he says</li></ul><p>St. Louis Fed President James Bullard said policymakers should raise interest rates to at least 5% to 5.25%, hitting financial markets as investors recalibrated bets on how high officials would go.</p><p>“In the past I have said 4.75% to 5%,” he told reporters Thursday after giving a speech in Louisville, Kentucky. “Based on this analysis today, I would say 5% to 5.25%. That’s a minimum level. According to this analysis, that would at least get us in the zone.”</p><p>Chair Jerome Powell said earlier this month that rates will need to rise more than previously expected due to disappointing inflation data, while suggesting that officials could moderate the size of their increases going forward. A key reading on consumer prices since then was better than expected but policymakers continue to stress the need to keep raising rates.</p><p>Officials in September had projected rates rising to around 4.6% next year from a current target range of 3.75% to 4%. Those projections will be updated at the Fed’s Dec. 13-14 meeting.</p><p>US 10-year Treasury yields climbed after Bullard became the latest official to say that interest rates had further to rise to curb the strongest inflation in 40 years.</p><p>San Francisco Fed President Mary Daly said on Wednesday that “somewhere between 4.75 and 5.25 seems a reasonable place to think about” for the level that officials should raise rates to then go on hold.</p><p>Bullard’s hawkish tone was echoed later on Thursday by Minneapolis Fed President Neel Kashkari, whosaidit’s an “open question” how far the central bank has to go with rates to bring demand back into balance.</p><p>“I need to be convinced that inflation has at least stopped climbing, that we’re not falling further behind the curve before I would advocate stopping a progression of future rate hikes, so we’re not there yet,” he told the Minnesota Chamber of Commerce’s 2022 Economic Summit.</p><p>“The Fed is still maintaining a outward appearance of hawkishness pending another month of inflation data,” said Guy LeBas, chief fixed-income strategist for Janney Montgomery Scott LLC in Philadelphia. “One month of lower inflation doesn’t mean the war is over.”</p><p>Data last week showed consumer inflation rising by a less-than-expected 7.7% in the 12 months through October. November’s reading will be released on Dec. 13, before officials begin their two days of policy deliberations.</p><p>During his presentation, Bullard showed charts that indicated rates will need to be between about 5% to 7% to meet policymakers’ goal of being “sufficiently restrictive” to curb inflation near a four-decade high.</p><p>The calculation used different versions of a Taylor Rule, a popular monetary policy guideline developed by Stanford University’s John Taylor.</p><h3>‘Minimal’ Level</h3><p>“It’s easy to make arguments that before this is all over you’d have to go to much higher levels of the policy rate” than 5.25%, said Bullard, who votes on policy this year. “But for now I’d be happy to get to the minimal level and that’s why I think the committee is going to have to do more.”</p><p>The St. Louis Fed leader, who has been among the more hawkish policymakers this year, was the latest central banker to call for additional action.</p><p>The Fed raised rates by 75 basis points on Nov. 2 for the fourth straight time as part of its most aggressive tightening since the 1980s to curb an inflation that started in the wake of the Covid-19 pandemic disruptions.</p><p>Bullard didn’t say whether he would favor a 50 or 75 basis-point move at the Fed’s December meeting, telling reporters that he would look to Powell to set the direction.</p><p>A number of his colleagues have called for a downshift in the size of the next rate increase following last week’s consumer price report, which showed a softening in core consumer goods inflation in October.</p><p>Investors expect the Fed will raise rates by a half percentage point next month and see rates peaking around 5% next year.</p><p>The St. Louis Fed president said he expected officials to keep rates high for an extended period to avoid the kind of monetary policy mistakes of the 1970s that resulted in persistently high inflation.</p><p>“We certainly don’t want to replay that episode,” he told reporters. “So we’re going to have to see very tangible evidence that inflation’s coming down meaningfully toward target, and I think we’re going to want to err on the side of staying higher for longer in order to get that to happen.”</p><p>Bullard said while he expected inflation to come down next year, there’s been relatively little evidence of that so far.</p><p>“Thus far, the change in the monetary-policy stance appears to have had only limited effects on observed inflation, but market pricing suggests disinflation is expected in 2023,” Bullard said in his prepared remarks, adding rate hikes so far have caused little financial stress.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bullard Sets Tone for Fed Officials Signaling Hikes Will Roll On</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBullard Sets Tone for Fed Officials Signaling Hikes Will Roll On\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-18 09:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-17/fed-s-bullard-says-more-hikes-needed-to-get-to-restrictive-level><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Borrowing costs should be high enough to curb inflationTightening has had limited effect on prices so far, he saysSt. Louis Fed President James Bullard said policymakers should raise interest rates to...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-17/fed-s-bullard-says-more-hikes-needed-to-get-to-restrictive-level\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-17/fed-s-bullard-says-more-hikes-needed-to-get-to-restrictive-level","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103280772","content_text":"Borrowing costs should be high enough to curb inflationTightening has had limited effect on prices so far, he saysSt. Louis Fed President James Bullard said policymakers should raise interest rates to at least 5% to 5.25%, hitting financial markets as investors recalibrated bets on how high officials would go.“In the past I have said 4.75% to 5%,” he told reporters Thursday after giving a speech in Louisville, Kentucky. “Based on this analysis today, I would say 5% to 5.25%. That’s a minimum level. According to this analysis, that would at least get us in the zone.”Chair Jerome Powell said earlier this month that rates will need to rise more than previously expected due to disappointing inflation data, while suggesting that officials could moderate the size of their increases going forward. A key reading on consumer prices since then was better than expected but policymakers continue to stress the need to keep raising rates.Officials in September had projected rates rising to around 4.6% next year from a current target range of 3.75% to 4%. Those projections will be updated at the Fed’s Dec. 13-14 meeting.US 10-year Treasury yields climbed after Bullard became the latest official to say that interest rates had further to rise to curb the strongest inflation in 40 years.San Francisco Fed President Mary Daly said on Wednesday that “somewhere between 4.75 and 5.25 seems a reasonable place to think about” for the level that officials should raise rates to then go on hold.Bullard’s hawkish tone was echoed later on Thursday by Minneapolis Fed President Neel Kashkari, whosaidit’s an “open question” how far the central bank has to go with rates to bring demand back into balance.“I need to be convinced that inflation has at least stopped climbing, that we’re not falling further behind the curve before I would advocate stopping a progression of future rate hikes, so we’re not there yet,” he told the Minnesota Chamber of Commerce’s 2022 Economic Summit.“The Fed is still maintaining a outward appearance of hawkishness pending another month of inflation data,” said Guy LeBas, chief fixed-income strategist for Janney Montgomery Scott LLC in Philadelphia. “One month of lower inflation doesn’t mean the war is over.”Data last week showed consumer inflation rising by a less-than-expected 7.7% in the 12 months through October. November’s reading will be released on Dec. 13, before officials begin their two days of policy deliberations.During his presentation, Bullard showed charts that indicated rates will need to be between about 5% to 7% to meet policymakers’ goal of being “sufficiently restrictive” to curb inflation near a four-decade high.The calculation used different versions of a Taylor Rule, a popular monetary policy guideline developed by Stanford University’s John Taylor.‘Minimal’ Level“It’s easy to make arguments that before this is all over you’d have to go to much higher levels of the policy rate” than 5.25%, said Bullard, who votes on policy this year. “But for now I’d be happy to get to the minimal level and that’s why I think the committee is going to have to do more.”The St. Louis Fed leader, who has been among the more hawkish policymakers this year, was the latest central banker to call for additional action.The Fed raised rates by 75 basis points on Nov. 2 for the fourth straight time as part of its most aggressive tightening since the 1980s to curb an inflation that started in the wake of the Covid-19 pandemic disruptions.Bullard didn’t say whether he would favor a 50 or 75 basis-point move at the Fed’s December meeting, telling reporters that he would look to Powell to set the direction.A number of his colleagues have called for a downshift in the size of the next rate increase following last week’s consumer price report, which showed a softening in core consumer goods inflation in October.Investors expect the Fed will raise rates by a half percentage point next month and see rates peaking around 5% next year.The St. Louis Fed president said he expected officials to keep rates high for an extended period to avoid the kind of monetary policy mistakes of the 1970s that resulted in persistently high inflation.“We certainly don’t want to replay that episode,” he told reporters. “So we’re going to have to see very tangible evidence that inflation’s coming down meaningfully toward target, and I think we’re going to want to err on the side of staying higher for longer in order to get that to happen.”Bullard said while he expected inflation to come down next year, there’s been relatively little evidence of that so far.“Thus far, the change in the monetary-policy stance appears to have had only limited effects on observed inflation, but market pricing suggests disinflation is expected in 2023,” Bullard said in his prepared remarks, adding rate hikes so far have caused little financial stress.","news_type":1},"isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987526890,"gmtCreate":1667952246711,"gmtModify":1676537988615,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"Fantastic&nbsp;","listText":"Fantastic&nbsp;","text":"Fantastic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9987526890","repostId":"2282951949","repostType":4,"repost":{"id":"2282951949","pubTimestamp":1667950541,"share":"https://ttm.financial/m/news/2282951949?lang=&edition=fundamental","pubTime":"2022-11-09 07:35","market":"us","language":"en","title":"Disney, AMC, Affirm, and More: Top Trending Stocks After Hours","url":"https://stock-news.laohu8.com/highlight/detail?id=2282951949","media":"Yahoo Finance","summary":"Disney (DIS): Despite reporting record full-year sales, Disney shares fell 6% in extended trading af","content":"<html><head></head><body><p><b>Disney (DIS):</b> Despite reporting record full-year sales, Disney shares fell 6% in extended trading after missing on both the top and bottom lines in its fiscal fourth quarter. The company posted adjusted earnings of 30 cents a share on sales of $20.15 billion. Disney+ added 12 million subscribers during the quarter, topping estimates, but streaming losses grew to $1.5 billion, up from $630 million a year ago. Despite widening losses, CEO Bob Chapeck told investors he “still sees Disney + achieving profitability in fiscal year 2024.”</p><p><b>AMC (AMC): </b>The movie theater chain’s losses widened to $226.9 million during the quarter, its 12th quarterly loss in a row, putting pressure on shares in after-hours trading. Revenue increased 27% to $968.4 million.</p><p><b>Affirm (AFRM):</b> Shares plunged after the company posted a wider than expected loss and weak guidance. Affirm expects fiscal second quarter revenue of $400 million to $420 million and full-year revenue of $1.6 billion to $1.675, short of analyst’s estimate.</p><p><b>Novavax (NVAX): </b>The vaccine maker reported revenue of $734.6 million, more than three times its sales from a year ago. NovaVax also reported it delivered over 94 million doses of Covid-19 vaccine globally to date. Despite the growth, Novavax lowered its 2022 revenue guidance to $2 billion, below the consensus estimate and at the lower end of its previous forecast.</p><p><b>Marathon Digital Holdings (MARA):</b> The crypto miner recorded a net loss of $75.4 million during the third quarter compared with a net loss of $22.2 million a year ago. Marathon’s chairman and CEO Fred Thiel wrote in the earnings release, “the third quarter of 2022 was a transition and rebuilding period at Marathon.” Revenue decline 75% from a year ago to $12.69 million.</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>Disney, AMC, Affirm, and More: Top Trending Stocks After Hours</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\">\nDisney, AMC, Affirm, and More: Top Trending Stocks After Hours\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-09 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/top-trending-stocks-after-hours-disney-amc-affirm-and-more-230846983.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Disney (DIS): Despite reporting record full-year sales, Disney shares fell 6% in extended trading after missing on both the top and bottom lines in its fiscal fourth quarter. The company posted ...</p>\n\n<a href=\"https://finance.yahoo.com/news/top-trending-stocks-after-hours-disney-amc-affirm-and-more-230846983.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"APE":"AMC Entertainment Preferred","AMC":"AMC院线","DIS":"迪士尼","AFRM":"Affirm Holdings, Inc.","MARA":"Marathon Digital Holdings Inc","NVAX":"诺瓦瓦克斯医药"},"source_url":"https://finance.yahoo.com/news/top-trending-stocks-after-hours-disney-amc-affirm-and-more-230846983.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282951949","content_text":"Disney (DIS): Despite reporting record full-year sales, Disney shares fell 6% in extended trading after missing on both the top and bottom lines in its fiscal fourth quarter. The company posted adjusted earnings of 30 cents a share on sales of $20.15 billion. Disney+ added 12 million subscribers during the quarter, topping estimates, but streaming losses grew to $1.5 billion, up from $630 million a year ago. Despite widening losses, CEO Bob Chapeck told investors he “still sees Disney + achieving profitability in fiscal year 2024.”AMC (AMC): The movie theater chain’s losses widened to $226.9 million during the quarter, its 12th quarterly loss in a row, putting pressure on shares in after-hours trading. Revenue increased 27% to $968.4 million.Affirm (AFRM): Shares plunged after the company posted a wider than expected loss and weak guidance. Affirm expects fiscal second quarter revenue of $400 million to $420 million and full-year revenue of $1.6 billion to $1.675, short of analyst’s estimate.Novavax (NVAX): The vaccine maker reported revenue of $734.6 million, more than three times its sales from a year ago. NovaVax also reported it delivered over 94 million doses of Covid-19 vaccine globally to date. Despite the growth, Novavax lowered its 2022 revenue guidance to $2 billion, below the consensus estimate and at the lower end of its previous forecast.Marathon Digital Holdings (MARA): The crypto miner recorded a net loss of $75.4 million during the third quarter compared with a net loss of $22.2 million a year ago. Marathon’s chairman and CEO Fred Thiel wrote in the earnings release, “the third quarter of 2022 was a transition and rebuilding period at Marathon.” Revenue decline 75% from a year ago to $12.69 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950454473,"gmtCreate":1672819793892,"gmtModify":1676538742286,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"This list really make you a fool.!!&nbsp;","listText":"This list really make you a fool.!!&nbsp;","text":"This list really make you a fool.!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9950454473","repostId":"2300434056","repostType":2,"repost":{"id":"2300434056","pubTimestamp":1672845925,"share":"https://ttm.financial/m/news/2300434056?lang=&edition=fundamental","pubTime":"2023-01-04 23:25","market":"us","language":"en","title":"7 Sensational Stocks That Can Double Your Money in 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2300434056","media":"Motley Fool","summary":"Triple-digit returns could be just a click away from the buy button.","content":"<html><head></head><body><p>Welcome to a new year and a new opportunity to become smarter, happier, and -- most importantly -- richer.</p><p>Although 2022 didn&#39;t go as planned -- the <b>S&amp;P 500</b> and <b>Nasdaq Composite</b> ended the year down 19% and 33%, respectively -- bear markets are known to be blessings in disguise. These typically once-in-a-decade events allow opportunistic investors to pounce on innovative, game-changing companies at a discount. And with Wall Street taking a drubbing last year, bargains abound -- if you&#39;re willing to do some digging.</p><p>As we move headlong into a new year filled with uncertainty, the following seven sensational stocks stand as being capable of doubling your money in 2023.</p><h2>1. Novavax</h2><p>The first phenomenal stock that has the potential to deliver triple-digit returns for its shareholders in the new year is biotech stock <b>Novavax</b>. Since hitting its all-time high during the COVID-19 pandemic, shares of Novavax have plunged as much as 97%. But with its market cap down to $874 million, there are an abundance of reasons to believe Novavax could &#34;shoot&#34; higher.</p><p>Novavax is one of a handful of drug developers that earned acclaim by running clinical trials for a COVID-19 vaccine. But unlike a majority of drugmakers, it was one of only three -- along with <b>Pfizer</b>/<b>BioNTech</b> and <b>Moderna</b> -- to achieve at least a 90% vaccine efficacy with its vaccine, NVX-CoV2373.</p><p>The Novavax vaccine is also differentiated by its mechanism of action. Instead of being messenger-RNA-based, as with the Pfizer/BioNTech and Moderna vaccines, NVX-CoV2373 uses older technology and bits of spike protein from the SARS-CoV-2 virus to teach a person&#39;s immune system how to recognize and fight the infection. For people who might be leery of taking an mRNA-based vaccine, Novavax provides a high-efficacy solution in developed and emerging markets.</p><p>In 2023, COVID-19 vaccine sales in the U.S. moved from advanced purchase agreements with the federal government to the private market. I expect this to improve Novavax&#39;s pricing power and help it better compete as an initial series and/or booster option.</p><p>Additionally, Novavax is sitting on an absolute mountain of cash. It ended September with $1.28 billion in cash and cash equivalents, which was prior to its recent gross proceeds raise of $250 million from the sale of shares and convertible debt. This provides more-than-enough capital to run clinical studies involving NVX-CoV2373 as a combination therapy (influenza + COVID-19), as well as further its influenza and respiratory syncytial virus vaccine candidates.</p><h2>2. Green Thumb Industries</h2><p>A second high-caliber stock that can double your money in 2023 is U.S. cannabis multi-state operator (MSO) <b>Green Thumb Industries</b>. Although a lack of cannabis reform on Capitol Hill has been a buzzkill for pot stocks, Green Thumb Industries&#39; growth strategy has proved unstoppable.</p><p>Before digging into company specifics, it&#39;s important to note two macro factors working in Green Thumb&#39;s favor. First, approximately three-quarters of U.S. states have legalized marijuana in some capacity. This provides more-than-enough opportunity for MSOs to grow their sales and push toward profitability.</p><p>Second, cannabis has been treated as a nondiscretionary good. Even if the U.S. dips into a recession this year, history has shown that consumers will continue to buy pot products.</p><p>Green Thumb Industries had 77 operating dispensaries open as of Dec. 1, 2022, with a presence in 15 legalized states. It holds enough retail licenses in its back pocket to effectively double its retail-store presence over time. With BDSA forecasting an increase in legal U.S. weed sales to $42 billion by 2026 from an estimated $27 billion in 2022, Green Thumb looks like it&#39;s in great shape.</p><p>The secret sauce that makes Green Thumb tick is its revenue mix. While dried cannabis flower is most often associated with marijuana use, more than half of Green Thumb&#39;s revenue comes from derivative products, such as vapes, edibles, dabs, beverages, pre-rolls, and health and beauty products. These are higher-priced products that deliver much juicier margins than dried cannabis flower. This revenue mix is precisely why Green Thumb has delivered nine consecutive quarters of profit, based on generally accepted accounting principles (GAAP).</p><p>With marijuana stocks getting thrashed to end the year following the exclusion of the SAFE Banking Act from the federal annual defense bill, now is the time to pounce on this industry leader.</p><h2>3. Bark</h2><p>For something way off the radar that can double your money in 2023, say hello to dog-focused products-and-services company <b>Bark</b>. Like virtually every other company that was brought to market via a special purpose acquisition company (SPAC) in 2020 and 2021, Bark has been decimated since making its public debut. But thanks to an unstoppable trend and the expectation of an improving income statement, the company has the tools needed to double shareholders&#39; money in 2023.</p><p>Though recessions are an inevitable part of the economic cycle, the U.S. pet industry hasn&#39;t seemed to care. It&#39;s been well over a quarter century since year-over-year pet expenditures declined in the United States, according to data from the American Pet Products Association (APPA). What&#39;s more, the percentage of households that own a pet is higher now than at any point since the APPA began its survey on pet ownership in 1988. (Translation: Pet owners willingly open their wallets to ensure the health and happiness of their four-legged family members.)</p><p>What makes Bark so special is the company&#39;s direct-to-consumer (DTC) focus. While the company&#39;s revenue breakdown can be fluid, depending on when orders are placed, it&#39;s pretty common for Bark to generate about 10% of its revenue from brick-and-mortar retail stores. The remainder comes from the company&#39;s 2.24 million (and growing) active subscriptions.</p><p>A DTC-driven operating model lends to highly predictable cash flow and helps keep inventory levels from getting out of hand. In other words, Bark&#39;s operating model should lead to lower overhead costs than its peers.</p><p>Furthermore, Bark has seen strong add-on sales growth since introducing Bark Bright (a dental-products offering) during the pandemic. With the addition of Bark Eats, a dry-food subscription service catered to specific dog breeds, Bark should be able to substantially narrow its losses while maintaining a gross margin of around 60% in the coming quarters.</p><h2>4. PubMatic</h2><p>Another sensational stock with the competitive advantages necessary to double your money in 2023 is cloud-based adtech company <b>PubMatic</b>. While ad spending during the first half of the year could be dicey -- which isn&#39;t uncommon when economic uncertainty is high -- PubMatic finds itself perfectly positioned to take advantage of a shift in spending to digital platforms.</p><p>Prior to the advent of the internet, the buying and selling of ads and ad space was time-consuming and inefficient. But thanks to the internet and companies like PubMatic, programmatic ad platforms now do virtually all of the work. The digital ad industry (i.e., video, mobile, connected TV (CTV), and over-the-top programmatic ads) is expected to grow by a compound annual rate of 14% through 2025.</p><p>PubMatic is a sell-side platform (SSP) that helps companies sell their digital display space to advertisers. As a result of consolidation, there aren&#39;t too many SSPs left, which puts PubMatic in an advantageous position within the space.</p><p>Although advertisers are upping their spending across all digital channels, the fastest growth has been seen with CTV. Not coincidentally, CTV accounts for a substantial portion of PubMatic&#39;s revenue, which is why it has consistently grown at a faster organic rate than the industry average.</p><p>In addition, PubMatic made the choice to design and build its own cloud-based programmatic ad platform. Though costly and time-consuming, this decision will allow the company to reap the rewards of higher operating margins as its revenue scales.</p><p>One final note: PubMatic ended September with $166.1 million in cash, cash equivalents, and marketable securities with no debt. This means it has an enterprise value of just over $500 million, despite an industry-topping double-digit growth rate and recurring profits.</p><h2>5. Lovesac</h2><p>The fifth remarkable stock that can double your money in 2023 is furniture retailer <b>Lovesac</b>. Fight the urge to fall asleep because I said &#34;furniture retailer,&#34; because this company is turning an industry desperate for disruption on its head.</p><p>One of the biggest differentiating factors with Lovesac <i>is</i> its furniture. Whereas most brick-and-mortar retailers buy products from the same group of wholesalers, Lovesac&#39;s products are unique. In particular, close to 88% of its net sales come from sactionals -- modular couches that can be rearranged to fit most living spaces.</p><p>Buyers can choose from over 200 different covers, and the yarn used in these covers is made entirely from recycled plastic water bottles. The functionality and optionality offered by Lovesac is unmatched.</p><p>Lovesac&#39;s operating model generally caters to middle- and upper-income millennials. These are folks who tend to appreciate Lovesac&#39;s ESG (environmental, social, and governance<i>) </i>tendencies. More importantly, the buying habits of these people tend to be less affected when minor economic downturns arise or inflation picks up. In short, Lovesac&#39;s business is unlikely to be hit as hard by high inflation or a recession as traditional furniture retailers.</p><p>But what&#39;s really allowed Lovesac to shine is its omnichannel sales approach. Despite having 189 retail locations spanning 40 states, it&#39;s been able to shift its sales online or utilize popup showrooms and a handful of brand-name partnerships, to bolster its sales. Similar to Bark, Lovesac has been able to use its DTC presence to lower its overhead expenses and push to full-year profitability.</p><p>In 2023, Lovesac&#39;s biggest catalyst looks like it will be inventory reduction. Wall Street has been concerned with rising inventory levels, which management contends is to meet growing demand. If Lovesac can maintain its double-digit organic growth rate, working through its inventory shouldn&#39;t be a problem.</p><h2>6. Petco Health &amp; Wellness</h2><p>The next sensational stock that can double your money in 2023 is none other than pet-focused retailer <b>Petco Health and Wellness</b>. That&#39;s right, this list is doubling down on pet owners&#39; willingness to spend on their furry, feathered, gilled, and scaled &#34;family members&#34; in the new year.</p><p>Petco Health and Wellness was sent to the doghouse last year. Shares of the company plunged 52%, with most of these losses coming after the company&#39;s disappointing second quarter, which featured higher integration costs following its acquisition of veterinary-care company Thrive.</p><p>Petco and Thrive formed a joint venture in 2017 that saw the duo grow to around 100 pet hospitals located in Petco stores. This deal was for Thrive&#39;s 50% stake in that joint venture.</p><p>But as noted, spending on pets has effectively been recession-proof since the mid-1990s. While growth slowdowns are certainly possible, a record level of pet ownership in the wake of the pandemic bodes well for companies like Petco.</p><p>What&#39;s far more important is that Petco&#39;s focus on subscription services and digital sales is beginning to pay off. Even though in-store interactions will continue to generate the bulk of the company&#39;s sales, the pandemic taught Petco&#39;s management team the importance of having a beefed-up online presence. Digital sales were up 10% from the prior-year period in the company&#39;s fiscal quarter ended Oct. 29, 2022, and 42% when looking back two years.</p><p>In terms of subscriptions, the company now has north of 400,000 Vital Care members. Vital Care provides members discounts on various products, grooming, and routine vet exams and has seen its recurring revenue jump 56% from the previous year. If Petco can sustain strong double-digit recurring revenue and subscription growth in 2023, it could reasonably reverse course and retrace all of its losses from last year.</p><h2>7. Redfin</h2><p>Last but not least, consider technology-driven real estate company <b>Redfin</b> as a stock that can double your money in 2023.</p><p>There&#39;s absolutely no sugarcoating how poor the past year and change has been for real estate-focused businesses. Redfin has lost approximately 96% of its value since reaching its all-time high, and rapidly rising mortgage rates are doing the industry no favors.</p><p>A report from the company notes that home sales plummeted 35% in November from the prior-year period, the largest decline on record. And new listings plunged 28%, which is the second-largest year-over-year drop in history.</p><p>Despite this abysmal data, it&#39;s plausible that pessimists have overshot to the downside, considering the competitive advantages Redfin offers when compared to traditional real estate firms.</p><p>For example, traditional real estate companies and agents charge anywhere from 2.5% to 3% for their services. Redfin charges its customers either 1% or 1.5%, depending on how much previous businesses they have done with the company. With a median home sales price of $393,682 in November, an up to 2 percentage-point difference when compared to traditional real estate firms, can save sellers more than $7,800 (at the median).</p><p>Redfin also offers a variety of services designed to either help sellers maximize the value of their homes or lessen the burdens associated with selling property. These services can help boost Redfin&#39;s gross margin by adding a personalized touch that traditional real estate companies fail to provide.</p><p>The final consideration with Redfin is that it&#39;s exiting its iBuyer business, known as RedfinNow. This segment purchased homes for cash, which were later resold.</p><p>Ending this program and paring down its portfolio of assets will bolster the company&#39;s cash position while lowering expenses. Management believes this combination of cost-cutting and refocusing on its bread-and-butter internet service-based advantages can lead the company to a profitable year in 2024.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Sensational Stocks That Can Double Your Money in 2023</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\">\n7 Sensational Stocks That Can Double Your Money in 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/01/03/7-sensational-stocks-can-double-your-money-in-2023/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to a new year and a new opportunity to become smarter, happier, and -- most importantly -- richer.Although 2022 didn't go as planned -- the S&P 500 and Nasdaq Composite ended the year down 19%...</p>\n\n<a href=\"https://www.fool.com/investing/2023/01/03/7-sensational-stocks-can-double-your-money-in-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WOOF":"Petco Health and Wellness Company, Inc.","NVAX":"诺瓦瓦克斯医药","PUBM":"PubMatic, Inc.","RDFN":"Redfin Corp","BARK":"The Original Bark Corp.","LOVE":"Lovesac Co.","GTBIF":"Green Thumb Industries Inc."},"source_url":"https://www.fool.com/investing/2023/01/03/7-sensational-stocks-can-double-your-money-in-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2300434056","content_text":"Welcome to a new year and a new opportunity to become smarter, happier, and -- most importantly -- richer.Although 2022 didn't go as planned -- the S&P 500 and Nasdaq Composite ended the year down 19% and 33%, respectively -- bear markets are known to be blessings in disguise. These typically once-in-a-decade events allow opportunistic investors to pounce on innovative, game-changing companies at a discount. And with Wall Street taking a drubbing last year, bargains abound -- if you're willing to do some digging.As we move headlong into a new year filled with uncertainty, the following seven sensational stocks stand as being capable of doubling your money in 2023.1. NovavaxThe first phenomenal stock that has the potential to deliver triple-digit returns for its shareholders in the new year is biotech stock Novavax. Since hitting its all-time high during the COVID-19 pandemic, shares of Novavax have plunged as much as 97%. But with its market cap down to $874 million, there are an abundance of reasons to believe Novavax could \"shoot\" higher.Novavax is one of a handful of drug developers that earned acclaim by running clinical trials for a COVID-19 vaccine. But unlike a majority of drugmakers, it was one of only three -- along with Pfizer/BioNTech and Moderna -- to achieve at least a 90% vaccine efficacy with its vaccine, NVX-CoV2373.The Novavax vaccine is also differentiated by its mechanism of action. Instead of being messenger-RNA-based, as with the Pfizer/BioNTech and Moderna vaccines, NVX-CoV2373 uses older technology and bits of spike protein from the SARS-CoV-2 virus to teach a person's immune system how to recognize and fight the infection. For people who might be leery of taking an mRNA-based vaccine, Novavax provides a high-efficacy solution in developed and emerging markets.In 2023, COVID-19 vaccine sales in the U.S. moved from advanced purchase agreements with the federal government to the private market. I expect this to improve Novavax's pricing power and help it better compete as an initial series and/or booster option.Additionally, Novavax is sitting on an absolute mountain of cash. It ended September with $1.28 billion in cash and cash equivalents, which was prior to its recent gross proceeds raise of $250 million from the sale of shares and convertible debt. This provides more-than-enough capital to run clinical studies involving NVX-CoV2373 as a combination therapy (influenza + COVID-19), as well as further its influenza and respiratory syncytial virus vaccine candidates.2. Green Thumb IndustriesA second high-caliber stock that can double your money in 2023 is U.S. cannabis multi-state operator (MSO) Green Thumb Industries. Although a lack of cannabis reform on Capitol Hill has been a buzzkill for pot stocks, Green Thumb Industries' growth strategy has proved unstoppable.Before digging into company specifics, it's important to note two macro factors working in Green Thumb's favor. First, approximately three-quarters of U.S. states have legalized marijuana in some capacity. This provides more-than-enough opportunity for MSOs to grow their sales and push toward profitability.Second, cannabis has been treated as a nondiscretionary good. Even if the U.S. dips into a recession this year, history has shown that consumers will continue to buy pot products.Green Thumb Industries had 77 operating dispensaries open as of Dec. 1, 2022, with a presence in 15 legalized states. It holds enough retail licenses in its back pocket to effectively double its retail-store presence over time. With BDSA forecasting an increase in legal U.S. weed sales to $42 billion by 2026 from an estimated $27 billion in 2022, Green Thumb looks like it's in great shape.The secret sauce that makes Green Thumb tick is its revenue mix. While dried cannabis flower is most often associated with marijuana use, more than half of Green Thumb's revenue comes from derivative products, such as vapes, edibles, dabs, beverages, pre-rolls, and health and beauty products. These are higher-priced products that deliver much juicier margins than dried cannabis flower. This revenue mix is precisely why Green Thumb has delivered nine consecutive quarters of profit, based on generally accepted accounting principles (GAAP).With marijuana stocks getting thrashed to end the year following the exclusion of the SAFE Banking Act from the federal annual defense bill, now is the time to pounce on this industry leader.3. BarkFor something way off the radar that can double your money in 2023, say hello to dog-focused products-and-services company Bark. Like virtually every other company that was brought to market via a special purpose acquisition company (SPAC) in 2020 and 2021, Bark has been decimated since making its public debut. But thanks to an unstoppable trend and the expectation of an improving income statement, the company has the tools needed to double shareholders' money in 2023.Though recessions are an inevitable part of the economic cycle, the U.S. pet industry hasn't seemed to care. It's been well over a quarter century since year-over-year pet expenditures declined in the United States, according to data from the American Pet Products Association (APPA). What's more, the percentage of households that own a pet is higher now than at any point since the APPA began its survey on pet ownership in 1988. (Translation: Pet owners willingly open their wallets to ensure the health and happiness of their four-legged family members.)What makes Bark so special is the company's direct-to-consumer (DTC) focus. While the company's revenue breakdown can be fluid, depending on when orders are placed, it's pretty common for Bark to generate about 10% of its revenue from brick-and-mortar retail stores. The remainder comes from the company's 2.24 million (and growing) active subscriptions.A DTC-driven operating model lends to highly predictable cash flow and helps keep inventory levels from getting out of hand. In other words, Bark's operating model should lead to lower overhead costs than its peers.Furthermore, Bark has seen strong add-on sales growth since introducing Bark Bright (a dental-products offering) during the pandemic. With the addition of Bark Eats, a dry-food subscription service catered to specific dog breeds, Bark should be able to substantially narrow its losses while maintaining a gross margin of around 60% in the coming quarters.4. PubMaticAnother sensational stock with the competitive advantages necessary to double your money in 2023 is cloud-based adtech company PubMatic. While ad spending during the first half of the year could be dicey -- which isn't uncommon when economic uncertainty is high -- PubMatic finds itself perfectly positioned to take advantage of a shift in spending to digital platforms.Prior to the advent of the internet, the buying and selling of ads and ad space was time-consuming and inefficient. But thanks to the internet and companies like PubMatic, programmatic ad platforms now do virtually all of the work. The digital ad industry (i.e., video, mobile, connected TV (CTV), and over-the-top programmatic ads) is expected to grow by a compound annual rate of 14% through 2025.PubMatic is a sell-side platform (SSP) that helps companies sell their digital display space to advertisers. As a result of consolidation, there aren't too many SSPs left, which puts PubMatic in an advantageous position within the space.Although advertisers are upping their spending across all digital channels, the fastest growth has been seen with CTV. Not coincidentally, CTV accounts for a substantial portion of PubMatic's revenue, which is why it has consistently grown at a faster organic rate than the industry average.In addition, PubMatic made the choice to design and build its own cloud-based programmatic ad platform. Though costly and time-consuming, this decision will allow the company to reap the rewards of higher operating margins as its revenue scales.One final note: PubMatic ended September with $166.1 million in cash, cash equivalents, and marketable securities with no debt. This means it has an enterprise value of just over $500 million, despite an industry-topping double-digit growth rate and recurring profits.5. LovesacThe fifth remarkable stock that can double your money in 2023 is furniture retailer Lovesac. Fight the urge to fall asleep because I said \"furniture retailer,\" because this company is turning an industry desperate for disruption on its head.One of the biggest differentiating factors with Lovesac is its furniture. Whereas most brick-and-mortar retailers buy products from the same group of wholesalers, Lovesac's products are unique. In particular, close to 88% of its net sales come from sactionals -- modular couches that can be rearranged to fit most living spaces.Buyers can choose from over 200 different covers, and the yarn used in these covers is made entirely from recycled plastic water bottles. The functionality and optionality offered by Lovesac is unmatched.Lovesac's operating model generally caters to middle- and upper-income millennials. These are folks who tend to appreciate Lovesac's ESG (environmental, social, and governance) tendencies. More importantly, the buying habits of these people tend to be less affected when minor economic downturns arise or inflation picks up. In short, Lovesac's business is unlikely to be hit as hard by high inflation or a recession as traditional furniture retailers.But what's really allowed Lovesac to shine is its omnichannel sales approach. Despite having 189 retail locations spanning 40 states, it's been able to shift its sales online or utilize popup showrooms and a handful of brand-name partnerships, to bolster its sales. Similar to Bark, Lovesac has been able to use its DTC presence to lower its overhead expenses and push to full-year profitability.In 2023, Lovesac's biggest catalyst looks like it will be inventory reduction. Wall Street has been concerned with rising inventory levels, which management contends is to meet growing demand. If Lovesac can maintain its double-digit organic growth rate, working through its inventory shouldn't be a problem.6. Petco Health & WellnessThe next sensational stock that can double your money in 2023 is none other than pet-focused retailer Petco Health and Wellness. That's right, this list is doubling down on pet owners' willingness to spend on their furry, feathered, gilled, and scaled \"family members\" in the new year.Petco Health and Wellness was sent to the doghouse last year. Shares of the company plunged 52%, with most of these losses coming after the company's disappointing second quarter, which featured higher integration costs following its acquisition of veterinary-care company Thrive.Petco and Thrive formed a joint venture in 2017 that saw the duo grow to around 100 pet hospitals located in Petco stores. This deal was for Thrive's 50% stake in that joint venture.But as noted, spending on pets has effectively been recession-proof since the mid-1990s. While growth slowdowns are certainly possible, a record level of pet ownership in the wake of the pandemic bodes well for companies like Petco.What's far more important is that Petco's focus on subscription services and digital sales is beginning to pay off. Even though in-store interactions will continue to generate the bulk of the company's sales, the pandemic taught Petco's management team the importance of having a beefed-up online presence. Digital sales were up 10% from the prior-year period in the company's fiscal quarter ended Oct. 29, 2022, and 42% when looking back two years.In terms of subscriptions, the company now has north of 400,000 Vital Care members. Vital Care provides members discounts on various products, grooming, and routine vet exams and has seen its recurring revenue jump 56% from the previous year. If Petco can sustain strong double-digit recurring revenue and subscription growth in 2023, it could reasonably reverse course and retrace all of its losses from last year.7. RedfinLast but not least, consider technology-driven real estate company Redfin as a stock that can double your money in 2023.There's absolutely no sugarcoating how poor the past year and change has been for real estate-focused businesses. Redfin has lost approximately 96% of its value since reaching its all-time high, and rapidly rising mortgage rates are doing the industry no favors.A report from the company notes that home sales plummeted 35% in November from the prior-year period, the largest decline on record. And new listings plunged 28%, which is the second-largest year-over-year drop in history.Despite this abysmal data, it's plausible that pessimists have overshot to the downside, considering the competitive advantages Redfin offers when compared to traditional real estate firms.For example, traditional real estate companies and agents charge anywhere from 2.5% to 3% for their services. Redfin charges its customers either 1% or 1.5%, depending on how much previous businesses they have done with the company. With a median home sales price of $393,682 in November, an up to 2 percentage-point difference when compared to traditional real estate firms, can save sellers more than $7,800 (at the median).Redfin also offers a variety of services designed to either help sellers maximize the value of their homes or lessen the burdens associated with selling property. These services can help boost Redfin's gross margin by adding a personalized touch that traditional real estate companies fail to provide.The final consideration with Redfin is that it's exiting its iBuyer business, known as RedfinNow. This segment purchased homes for cash, which were later resold.Ending this program and paring down its portfolio of assets will bolster the company's cash position while lowering expenses. Management believes this combination of cost-cutting and refocusing on its bread-and-butter internet service-based advantages can lead the company to a profitable year in 2024.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923896045,"gmtCreate":1670818868688,"gmtModify":1676538440058,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"Give me a few days of rally to sell everything&nbsp;and then you can nose dive. 😆&nbsp;","listText":"Give me a few days of rally to sell everything&nbsp;and then you can nose dive. 😆&nbsp;","text":"Give me a few days of rally to sell everything and then you can nose dive. 😆","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9923896045","repostId":"2290724492","repostType":2,"repost":{"id":"2290724492","pubTimestamp":1670798437,"share":"https://ttm.financial/m/news/2290724492?lang=&edition=fundamental","pubTime":"2022-12-12 06:40","market":"us","language":"en","title":"The Fed May Hand The Market A Huge Surprise This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2290724492","media":"Seeking Alpha","summary":"SummaryThe Fed needs to deliver a hawkish message for 2023 at the December FOMC meeting.It seems hig","content":"<html><head></head><body><h2>Summary</h2><ul><li>The Fed needs to deliver a hawkish message for 2023 at the December FOMC meeting.</li><li>It seems highly probable the Fed will signal a 5% or higher terminal rate for 2023.</li><li>If the Fed fails, it risks losing control of the market.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/82d8be80a0077f14b056bfdd4db0eb8a\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>Win McNamee</span></p><p>The FOMC meeting on Wednesday, December 14, will be a meaningful event as it will end the expeditious process of raising rates to catch up with inflation and shift to the next phase, focusing on how high and for how long.</p><p>Listening to Fed officials since the November FOMC meeting, it is clear that the Fed&#39;s projected path of rate hikes will be higher than where they stood at the September FOMC meeting. At that point, the Fed saw the peak terminal rate at 4.6%. Rates are likely heading much higher than what the market has priced in for 2023.</p><p>The problem is that the market doesn&#39;t believe the Fed and currently sees rates at just 4.6% by December 2023.</p><h2>Much Higher, For Much Longer</h2><p>A 50 bps rate hike at the December meeting has been well-telegraphed, and Powell confirmed as much at his Q&amp;A session at the Brookings Institutions on November 30. At least 6 Fed governors have openly noted that they see rates peaking above 5%, and while Powell may not have indicated where he sees the terminal rate, he has stated he sees it higher than the September projection. Additionally, Fed board members like Christopher Waller have suggested that rates have a long way to go and is among the Fed&#39;s most hawkish members. Also, Loretta Mester saw the market pricing of a peak rate of around 5% as not being far off.</p><p>Jim Bullard of the St. Louis Fed thinks rates need to rise to between 5 and 7% to be restrictive enough to kill inflation. Meanwhile, Mary Daly of the San Francisco Fed sees rates at 5% as a good starting point. Raphael Bostic of the Atlanta Fed sees rates between 4.75% and 5%. Thomas Barkin of the Richmond Fed notes that rates may need to rise above 5%, while Neel Kashkari sees rates above his 4.9% September projection.</p><p>So if there were only 6 FOMC members who saw rates above 5% at the September FOMC, there are likely to be at least nine now, and probably several more at the December FOMC meeting that will signal that rates need to be in that 5 to 5.25% region for the peak terminal rate.</p><p>If more evidence is needed, this article from the Wall Street Journal followed the jobs report &#34;suggesting&#34; the Fed would raise rates above 5% in 2023. Then another piece came out on December 5, which again &#34;suggested&#34; rates going above 5% in 2023. The WSJ has often telegraphed Fed monetary policy in 2022, such as back in June ahead of the Fed&#39;s first 75 bps rate hike.</p><p>Given the messaging that rates are likely to be at least 5% and probably higher, it is highly probable the Fed will illustrate its projections through the December dot plot noting a terminal rate for 2023 at 5.1% or 50 bps higher rate than the September projection for 2023.</p><h2>The Market Doesn&#39;t Believe The Fed</h2><p>Of course, this would come at odds with the market, which currently sees the peak terminal rate around 4.9%, and then the Fed cutting rates to 4.58% by December 2023, which is <i>lower than</i>the Fed&#39;s September projections of 4.6%. The market does not believe the Fed will hold rates above 5% for all of 2023, despite Fed officials consistently delivering that message for months.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4a665b5ca0f1dc3cdb171765f8123ac\" tg-width=\"640\" tg-height=\"312\" width=\"100%\" height=\"auto\"/><span>Mott Capital</span></p><p>It is perhaps the reasoning behind Powell&#39;s apparent change in positioning at the Brookings Institution, where he seemed to give the market a pass regarding the recent easing of financial conditions. Instead, he focused on telegraphing the pace of rate hikes slowing from 75 to 50 bps. He knew he could also push back against the easing of financial conditions two weeks later at the December FOMC through the projections indicating a higher for longer timing, which the market has been unwilling to accept.</p><h2>Financial Conditions Need To Tighten</h2><p>By any measure, financial conditions have eased a lot since mid-October. The easing financial conditions do not help the Fed&#39;s overall cause of keeping policy restrictive enough to bring down inflation.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47e20e14c2bfd67a0ee98e94ebb5ceec\" tg-width=\"640\" tg-height=\"369\" width=\"100%\" height=\"auto\"/><span>Bloomberg</span></p><p>If the Fed can deliver this message of a 5% or higher terminal rate through the end of 2023, we will find that the 2-year rate is too low, which will need to rise. Since the summer, the 2-year rate has been trading at a discount to the December Fed Funds Futures by 10 to 25 bps. So if the Fed can convince the market it sees the Fed Funds rate at 5 to 5.25% by the end of 2023, then it seems probable that the 2-year rate can trade to as high as 4.8% to 5%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab6bbea9babf2b8cc871b24fb6b423b2\" tg-width=\"640\" tg-height=\"370\" width=\"100%\" height=\"auto\"/><span>Bloomberg</span></p><p>It would likely result in the yield curve steepening further and the spread between the 2-year and the 10-year becoming more deeply inverted, as the market prices in a higher recession risk, and rates just staying higher for a longer period.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51598801716677c82df044dc4df5b629\" tg-width=\"640\" tg-height=\"274\" width=\"100%\" height=\"auto\"/><span>Bloomberg</span></p><p>It would probably help to reverse a lot of the weakening in the dollar index and potentially push the index higher and back towards 110 over time.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3cbb1e7d55a783c8cbbac5deb72b840e\" tg-width=\"640\" tg-height=\"274\" width=\"100%\" height=\"auto\"/><span>Bloomberg</span></p><p>It should also raise the VIX index as traders look to add protection again due to the increased risk of the Fed over-tightening. The VIX has already started moving higher since the Fed minutes were released just a couple of weeks ago, which also messaged a higher-for-longer approach to monetary policy in 2023.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/937f171fa291fe09bb5af70849139149\" tg-width=\"640\" tg-height=\"274\" width=\"100%\" height=\"auto\"/><span>Bloomberg</span></p><p>A strong dollar, higher rates, and higher implied volatility should tighten financial conditions. That will be a massive headwind for equity prices, resulting in stocks giving back nearly all of the gains witnessed since the October lows and potentially filling the technical gaps at 3,745 and 3,580.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/49db7e3529087186cb6b9611353a2bf9\" tg-width=\"640\" tg-height=\"284\" width=\"100%\" height=\"auto\"/><span>Bloomberg</span></p><p>Is it likely to materialize at the time of the release of the FOMC statement or the press conference? That is impossible to say because that will depend on where implied volatility levels are and whether or not implied volatility is high enough to create a short-squeeze once IV comes crashing down following the news. As of December 9, IV was relatively high, at almost 31% for December 14 options expiration, and is only likely to rise further heading to the meeting next week.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/190ead5d4738acc2bc98a96cab961e25\" tg-width=\"640\" tg-height=\"368\" width=\"100%\" height=\"auto\"/><span>Bloomberg</span></p><h2>Could Lose Control</h2><p>If the Fed fails to gain control of the narrative and prove to the market it plans to get rates to 5% and hold them there in 2023, it risks losing control of the market, resulting in financial conditions easing further as rates drop, the dollar weakens, implied volatility falls, and stocks rip higher.</p><p>Further easing of financial conditions would likely result in mortgage rates falling, lifting the housing market. Meanwhile, a weaker dollar would increase commodity prices and raise import prices, undoing much of the Fed&#39;s accomplishments in 2022.</p><p>That is why the Fed must stand firm through the dot plot and the press conference if it is serious about bringing inflation down and cooling the labor.</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>The Fed May Hand The Market A Huge Surprise This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nThe Fed May Hand The Market A Huge Surprise This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-12 06:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4563729-fed-may-hand-market-huge-surprise-this-week><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe Fed needs to deliver a hawkish message for 2023 at the December FOMC meeting.It seems highly probable the Fed will signal a 5% or higher terminal rate for 2023.If the Fed fails, it risks ...</p>\n\n<a href=\"https://seekingalpha.com/article/4563729-fed-may-hand-market-huge-surprise-this-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/article/4563729-fed-may-hand-market-huge-surprise-this-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2290724492","content_text":"SummaryThe Fed needs to deliver a hawkish message for 2023 at the December FOMC meeting.It seems highly probable the Fed will signal a 5% or higher terminal rate for 2023.If the Fed fails, it risks losing control of the market.Win McNameeThe FOMC meeting on Wednesday, December 14, will be a meaningful event as it will end the expeditious process of raising rates to catch up with inflation and shift to the next phase, focusing on how high and for how long.Listening to Fed officials since the November FOMC meeting, it is clear that the Fed's projected path of rate hikes will be higher than where they stood at the September FOMC meeting. At that point, the Fed saw the peak terminal rate at 4.6%. Rates are likely heading much higher than what the market has priced in for 2023.The problem is that the market doesn't believe the Fed and currently sees rates at just 4.6% by December 2023.Much Higher, For Much LongerA 50 bps rate hike at the December meeting has been well-telegraphed, and Powell confirmed as much at his Q&A session at the Brookings Institutions on November 30. At least 6 Fed governors have openly noted that they see rates peaking above 5%, and while Powell may not have indicated where he sees the terminal rate, he has stated he sees it higher than the September projection. Additionally, Fed board members like Christopher Waller have suggested that rates have a long way to go and is among the Fed's most hawkish members. Also, Loretta Mester saw the market pricing of a peak rate of around 5% as not being far off.Jim Bullard of the St. Louis Fed thinks rates need to rise to between 5 and 7% to be restrictive enough to kill inflation. Meanwhile, Mary Daly of the San Francisco Fed sees rates at 5% as a good starting point. Raphael Bostic of the Atlanta Fed sees rates between 4.75% and 5%. Thomas Barkin of the Richmond Fed notes that rates may need to rise above 5%, while Neel Kashkari sees rates above his 4.9% September projection.So if there were only 6 FOMC members who saw rates above 5% at the September FOMC, there are likely to be at least nine now, and probably several more at the December FOMC meeting that will signal that rates need to be in that 5 to 5.25% region for the peak terminal rate.If more evidence is needed, this article from the Wall Street Journal followed the jobs report \"suggesting\" the Fed would raise rates above 5% in 2023. Then another piece came out on December 5, which again \"suggested\" rates going above 5% in 2023. The WSJ has often telegraphed Fed monetary policy in 2022, such as back in June ahead of the Fed's first 75 bps rate hike.Given the messaging that rates are likely to be at least 5% and probably higher, it is highly probable the Fed will illustrate its projections through the December dot plot noting a terminal rate for 2023 at 5.1% or 50 bps higher rate than the September projection for 2023.The Market Doesn't Believe The FedOf course, this would come at odds with the market, which currently sees the peak terminal rate around 4.9%, and then the Fed cutting rates to 4.58% by December 2023, which is lower thanthe Fed's September projections of 4.6%. The market does not believe the Fed will hold rates above 5% for all of 2023, despite Fed officials consistently delivering that message for months.Mott CapitalIt is perhaps the reasoning behind Powell's apparent change in positioning at the Brookings Institution, where he seemed to give the market a pass regarding the recent easing of financial conditions. Instead, he focused on telegraphing the pace of rate hikes slowing from 75 to 50 bps. He knew he could also push back against the easing of financial conditions two weeks later at the December FOMC through the projections indicating a higher for longer timing, which the market has been unwilling to accept.Financial Conditions Need To TightenBy any measure, financial conditions have eased a lot since mid-October. The easing financial conditions do not help the Fed's overall cause of keeping policy restrictive enough to bring down inflation.BloombergIf the Fed can deliver this message of a 5% or higher terminal rate through the end of 2023, we will find that the 2-year rate is too low, which will need to rise. Since the summer, the 2-year rate has been trading at a discount to the December Fed Funds Futures by 10 to 25 bps. So if the Fed can convince the market it sees the Fed Funds rate at 5 to 5.25% by the end of 2023, then it seems probable that the 2-year rate can trade to as high as 4.8% to 5%.BloombergIt would likely result in the yield curve steepening further and the spread between the 2-year and the 10-year becoming more deeply inverted, as the market prices in a higher recession risk, and rates just staying higher for a longer period.BloombergIt would probably help to reverse a lot of the weakening in the dollar index and potentially push the index higher and back towards 110 over time.BloombergIt should also raise the VIX index as traders look to add protection again due to the increased risk of the Fed over-tightening. The VIX has already started moving higher since the Fed minutes were released just a couple of weeks ago, which also messaged a higher-for-longer approach to monetary policy in 2023.BloombergA strong dollar, higher rates, and higher implied volatility should tighten financial conditions. That will be a massive headwind for equity prices, resulting in stocks giving back nearly all of the gains witnessed since the October lows and potentially filling the technical gaps at 3,745 and 3,580.BloombergIs it likely to materialize at the time of the release of the FOMC statement or the press conference? That is impossible to say because that will depend on where implied volatility levels are and whether or not implied volatility is high enough to create a short-squeeze once IV comes crashing down following the news. As of December 9, IV was relatively high, at almost 31% for December 14 options expiration, and is only likely to rise further heading to the meeting next week.BloombergCould Lose ControlIf the Fed fails to gain control of the narrative and prove to the market it plans to get rates to 5% and hold them there in 2023, it risks losing control of the market, resulting in financial conditions easing further as rates drop, the dollar weakens, implied volatility falls, and stocks rip higher.Further easing of financial conditions would likely result in mortgage rates falling, lifting the housing market. Meanwhile, a weaker dollar would increase commodity prices and raise import prices, undoing much of the Fed's accomplishments in 2022.That is why the Fed must stand firm through the dot plot and the press conference if it is serious about bringing inflation down and cooling the labor.","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928333074,"gmtCreate":1671189534098,"gmtModify":1676538506127,"author":{"id":"4096841192952540","authorId":"4096841192952540","name":"suthanb4u","avatar":"https://community-static.tradeup.com/news/9f20cddb20a5bf9628a34649fd09fd65","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4096841192952540","authorIdStr":"4096841192952540"},"themes":[],"htmlText":"Hmm.. Can it crash another 10% today?&nbsp;","listText":"Hmm.. Can it crash another 10% today?&nbsp;","text":"Hmm.. Can it crash another 10% today?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9928333074","repostId":"2291168016","repostType":4,"repost":{"id":"2291168016","pubTimestamp":1671148936,"share":"https://ttm.financial/m/news/2291168016?lang=&edition=fundamental","pubTime":"2022-12-16 08:02","market":"us","language":"en","title":"Stocks Could Face Another Explosion of Volatility Friday As $4 Trillion of Options Expire in \"Quadruple Witching\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2291168016","media":"MarketWatch","summary":"Dow books affliction day in 3 month Thursday as recession fears rear alternate upThe banal bazaar co","content":"<html><head></head><body><p>Dow books affliction day in 3 month Thursday as recession fears rear alternate up</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f364b30b0ddc76e531ee4f6d1228eedb\" tg-width=\"1280\" tg-height=\"640\" referrerpolicy=\"no-referrer\"/><span>The banal bazaar could really-feel a little grumpier than accepted on Friday while “quadruple witching” rolls all over and a abundance of disinterestedness options and futures are set to expire.</span></p><p>Stocks have been on a agrarian ride this week, and altitude could still get weirder as traders brace for “quadruple witching” on Friday, while a flurry of disinterestedness options and futures affairs expire.</p><p>In particular, options affairs angry to $4 abundance in stocks, stock-index futures and exchange-traded payments are set to expire, authoritative Friday potentially the busiest day for options traders this year, in accordance to abstracts aggregate by Rocky Fishman, the arch of basis animation analysis at Goldman Sachs.</p><p>The term “quadruple witching” refers to days when a group of equity-linked options and futures contracts expire, such as tradestation telling. This only happens four times a year, once every quarter.</p><p><img src=\"https://static.tigerbbs.com/61ca827ef2d73c594ab99cd494f07b72\" tg-width=\"700\" tg-height=\"413\" referrerpolicy=\"no-referrer\"/></p><p>Additionally, the biggest slug of equity options expires in December, and this year is no exception, Fishman said, as the $4 trillion expiring Friday is the largest option exposure since at least the beginning of the year.</p><p>Reliance on options by both retail and institutional traders has increased this year as traders turn to short-term contracts to try to profit from large, last-minute swings, according to Callie Cox, US. Investment Analyst at eToro.</p><p>“We’ve seen a lot of retail clients look to options at the end of the year to think about hedging and speculating,” Cox said, adding that on Friday “there was going to be a huge option expiration.”</p><p>Options involving $2.4 trillion in S&amp;P 500 index futures are expected to be the main event on Friday, with hundreds of thousands of contracts with strike prices centered around the 4,000 level set to expire, according to Brent Kochuba, founder of options analytical service Spotgama.</p><p>Puts and calls on the large-cap index are “very focused on the 4,000 strike,” Kochuba said in emailed comments to MarketWatch, adding that the recent turbulence in the markets suggests that traders may be underestimating That’s how volatile markets can be at the end of the year.</p><p>The low level of liquidity, which is typical during the latter half of December, could weigh on stocks further as options dealers scramble to adjust their positions accordingly, said Garrett DeSimone, principal quant at Options Metrics.</p><p>“Large hypothetical expirations can cause turbulence, especially during periods of increased volatility or constrained liquidity. When large amounts are flushed through gamma expirations, it is important for market makers to adjust their delta hedges. Rebalancing has to go through. This can lead to short-term volatility in the markets, which can lead to higher volatility,” DeSimone said.</p><p>US stocks declined on Thursday, with the Dow Jones Industrial Average falling over 750 points to book its worst day in three months. S&amp;P 500 recorded its worst day in more than two months, while the Nasdaq Composite, It recorded its biggest decline since the beginning of November.</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>Stocks Could Face Another Explosion of Volatility Friday As $4 Trillion of Options Expire in \"Quadruple Witching\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Could Face Another Explosion of Volatility Friday As $4 Trillion of Options Expire in \"Quadruple Witching\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-16 08:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stocks-could-face-another-explosion-of-volatility-friday-as-4-trillion-of-options-expire-in-quadruple-witching-11671142359?mod=dist_amp_social&link=sfmw_tw&redirect=amp><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dow books affliction day in 3 month Thursday as recession fears rear alternate upThe banal bazaar could really-feel a little grumpier than accepted on Friday while “quadruple witching” rolls all over ...</p>\n\n<a href=\"https://www.marketwatch.com/story/stocks-could-face-another-explosion-of-volatility-friday-as-4-trillion-of-options-expire-in-quadruple-witching-11671142359?mod=dist_amp_social&link=sfmw_tw&redirect=amp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/stocks-could-face-another-explosion-of-volatility-friday-as-4-trillion-of-options-expire-in-quadruple-witching-11671142359?mod=dist_amp_social&link=sfmw_tw&redirect=amp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2291168016","content_text":"Dow books affliction day in 3 month Thursday as recession fears rear alternate upThe banal bazaar could really-feel a little grumpier than accepted on Friday while “quadruple witching” rolls all over and a abundance of disinterestedness options and futures are set to expire.Stocks have been on a agrarian ride this week, and altitude could still get weirder as traders brace for “quadruple witching” on Friday, while a flurry of disinterestedness options and futures affairs expire.In particular, options affairs angry to $4 abundance in stocks, stock-index futures and exchange-traded payments are set to expire, authoritative Friday potentially the busiest day for options traders this year, in accordance to abstracts aggregate by Rocky Fishman, the arch of basis animation analysis at Goldman Sachs.The term “quadruple witching” refers to days when a group of equity-linked options and futures contracts expire, such as tradestation telling. This only happens four times a year, once every quarter.Additionally, the biggest slug of equity options expires in December, and this year is no exception, Fishman said, as the $4 trillion expiring Friday is the largest option exposure since at least the beginning of the year.Reliance on options by both retail and institutional traders has increased this year as traders turn to short-term contracts to try to profit from large, last-minute swings, according to Callie Cox, US. Investment Analyst at eToro.“We’ve seen a lot of retail clients look to options at the end of the year to think about hedging and speculating,” Cox said, adding that on Friday “there was going to be a huge option expiration.”Options involving $2.4 trillion in S&P 500 index futures are expected to be the main event on Friday, with hundreds of thousands of contracts with strike prices centered around the 4,000 level set to expire, according to Brent Kochuba, founder of options analytical service Spotgama.Puts and calls on the large-cap index are “very focused on the 4,000 strike,” Kochuba said in emailed comments to MarketWatch, adding that the recent turbulence in the markets suggests that traders may be underestimating That’s how volatile markets can be at the end of the year.The low level of liquidity, which is typical during the latter half of December, could weigh on stocks further as options dealers scramble to adjust their positions accordingly, said Garrett DeSimone, principal quant at Options Metrics.“Large hypothetical expirations can cause turbulence, especially during periods of increased volatility or constrained liquidity. When large amounts are flushed through gamma expirations, it is important for market makers to adjust their delta hedges. Rebalancing has to go through. This can lead to short-term volatility in the markets, which can lead to higher volatility,” DeSimone said.US stocks declined on Thursday, with the Dow Jones Industrial Average falling over 750 points to book its worst day in three months. S&P 500 recorded its worst day in more than two months, while the Nasdaq Composite, It recorded its biggest decline since the beginning of November.","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}