Andrew cub personal page - To The Moon

Andrew cub

Andrew cub

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09-12

That what i call ROTI PRANTA

Super Micro Computer Stock Is Dirt Cheap Again

08-14

Great

US Consumer Prices Rise Moderately; Annual Increase Slows to Below 3%

07-17

Selling pranta

Apple Stock: Time To Sell (Downgrade)

05-17

Rubbish

Singapore Airlines Shares Unlikely to Get Much of a Lift From Earnings

04-12

Next week

Sorry, the original content has been removed

03-29

$Reddit(RDDT)$ buy the dip,will shoot up next week

03-26

Sure or not

Sorry, the original content has been removed

03-21

Roti pranta

Tesla’s Trials and Triumphs: Why TSLA Stock Is a Contrarian’s Dream Come True

03-18

Going up very soon

Sorry, the original content has been removed

03-13

Very funny

Rumble Shares Jump 18% After Expressing Interest in Acquiring TikTok

2023-11-22

Hope everyone huat big big

DBS, UOB and OCBC: Which of These 3 Banks Should You Pick?

2023-10-24

UOB should outperformed this round

DBS Vs OCBC: Which Bank Will Perform Better in 3Q23?

2023-10-23

Buy the dip

Elon Musk's Finances Risk Tesla's Stock

2023-10-11

Flying soon

Tesla Model Y Crosses 2 Million Sales Milestone, Poised To Outsell Model 3 As Bestselling EV

2023-09-27

Very funny

2 Top AI Stocks Ready for a Bull Run

2023-07-12

Great work

Microsoft-Activision Deal Moves Closer As Judge Denies FTC Injunction Request

2023-06-16

People always looked forward but this one always looked at rear mirror!

Market's Starting To Look Like 1987

2023-06-14

Go n eat pranta better

Stocks Are Dangerously Overvalued With More Rate Hikes To Come

2023-05-20

Dun worry,it will fly

Tesla: Prepare For A Macroeconomic Storm

2023-05-18

2053 should be better

Prediction: 2 Growth Stocks Will Be Worth $2 Trillion by 2033 (Besides Apple and Microsoft)

Go to Tiger App to see more news

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cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"That what i call ROTI PRANTA","listText":"That what i call ROTI PRANTA","text":"That what i call ROTI PRANTA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348688936321272","repostId":"2466929032","repostType":2,"repost":{"id":"2466929032","kind":"highlight","pubTimestamp":1726134560,"share":"https://ttm.financial/m/news/2466929032?lang=&edition=fundamental","pubTime":"2024-09-12 17:49","market":"fut","language":"en","title":"Super Micro Computer Stock Is Dirt Cheap Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2466929032","media":"seekingalpha","summary":"SMCI remains a \"Strong Buy\" for long-term investors despite recent volatility, offering significant potential and attractive valuation after a 49% nosedive since June.The hardware industry for generat","content":"<html><head></head><body><ul style=\"\"><li><p>SMCI remains a &#34;Strong Buy&#34; for long-term investors despite recent volatility, offering significant potential and attractive valuation after a 49% nosedive since June.</p></li><li><p>The hardware industry for generative AI is thriving, with strong technological partnerships and soaring revenue growth, positioning SMCI to capitalize on AI momentum.</p></li><li><p>Despite concerns over margins, SMCI&#39;s strategic investments in infrastructure, R&amp;D, and talent acquisition are expected to pay off, ensuring sustainable growth.</p></li><li><p>Valuation ratios show SMCI as dirt cheap compared to AI peers like NVDA and AMD, with a DCF model suggesting a fair value nearly four times higher.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e678235f3d3a4c30f6900e649543eed9\" tg-width=\"750\" tg-height=\"500\"/></p><p>JHVEPhoto</p><h2 id=\"id_1380398054\">Investment thesis</h2><p>I am a long-term investor and prefer to allocate my capital to stocks with vast potential. I am ready to hold it for decades, meaning that dips like the recent ones create more buying opportunities. I prefer to look at businesses from a secular perspective, and SMCI definitely has strong potential. Moreover, the stock became dirt cheap once again after the recent dip. All in all, I reiterate my &#34;Strong buy&#34; rating for SMCI.</p><h2 id=\"id_4024147929\">Recent developments</h2><p>SMCI peaked at above $1,200 in March 2024. The current price is around $445, which is almost three times lower. The stock is extremely volatile with the past 52-week range spanning from $227 to $1,229. The stock started experiencing a massive sell-off since mid-July, mostly due to the broader market&#39;s factors. This approximately aligns with the stock&#39;s historical seasonality patterns. The below bar chart suggests that the share price decline is likely to continue in September.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c991f5543fee8f71c5c325e7021b1656\" tg-width=\"422\" tg-height=\"289\"/></p><p>TrendSpider</p><p></p><p>The broader market&#39;s sentiment around growth stocks started deteriorating in mid-July when there was an outage of Microsoft&#39;s (MSFT) services due to CrowdStrike (CRWD) updating its cybersecurity software. Fears around growth stocks were also fueled by U.S. unemployment rate breaking through a psychological 4% level during Summer 2024.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/caa6179fb94a55213c0ce59cbe1d7a9b\" tg-width=\"635\" tg-height=\"424\"/></p><p>Data by YCharts</p><p></p><p>The market is a voting machine over the short term. Sentiment around further AI winners growth prospects has apparently cooled down after Nvidia&#39;s (NVDA) market cap surpassed $3 trillion. This is a massive psychological level for the entire market because none of the stocks ever rallied far above $3 trillion market cap. Therefore, it is not surprising that NVDA investors are taking profits when the company&#39;s market cap hits $3 trillion. Even the recent stellar quarterly earnings release did not help much. I think that the market needs to get used to the new reality where companies&#39; market caps can go closer to $4 trillion before the rally resumes. Moreover, September is historically the weakest month for stocks.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3bc80cdb54b11c0400722aefba80045c\" tg-width=\"635\" tg-height=\"424\"/></p><p>Data by YCharts</p><p>Therefore, SMCI&#39;s price might continue to stagnate over the next few months. As a long-term investor, I prefer to ignore the noise and short-term share price fluctuations. Let me better explain why I firmly believe that SMCI is still a strong investment opportunity based on fundamental factors.</p><p>The industry of hardware for generative AI is still thriving. In July, Gartner has significantly upgraded its worldwide technology spending forecast. According to the report, generative AI is the primary reason for such a bullish outlook. Spending on data center systems is expected to grow by 24.1% in 2024 compared to 2023.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b8dac5c867f5fb8656a0c5c07bc119d9\" tg-width=\"640\" tg-height=\"623\"/></p><p>siliconangle.com</p><p>Gartner&#39;s bullish outlook aligns with recent development around the industry. Amazon&#39;s (AMZN) AWS continues expanding its data centers network and yesterday shared information that the company will invest around 8 billion GBP in the United Kingdom. Asset management giants are also active pouring billions into data centers. For example, a consortium led by Blackstone (BX) will acquire Australia-based data center group AirTrunk in a deal worth over A$24 billion. Blue Owl Capital (OWL) also plans to invest billions in a JV that will develop data centers. Therefore, it is very early to think that investments in data centers is losing momentum.</p><p>As a company with a strong technological partnership with Nvidia, the major AI winner, SMCI is poised to continue enjoying massive industry momentum. The company&#39;s revenue is soaring and has grown by around five times over the last five years. Consensus expects Nvidia&#39;s revenue to triple over the next decade. This bullish outlook is crucial for investors as there is an extremely strong correlation between NVDA&#39;s and SMCI&#39;s revenue growth. I became even more convinced that the strong correlation of the two companies&#39; revenues&#39; will persist after Jensen Huang described himself as Liang’s [SMCI&#39;s CEO] long-time partner and Supermicro’s “best sales guy”.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b272f7a08a25a20220452b666b7872a5\" tg-width=\"635\" tg-height=\"439\"/></p><p>Data by YCharts</p><p>It is also very important that SMCI does not only concentrate on building strong relationships with NVDA. Super Micro Computer also promptly reacts on new chips releases from AMD (AMD) by introducing servers that are compatible with AMD&#39;s. SMCI also works closely with Intel (INTC) to ensure that its offerings are compatible with Intel&#39;s as well. Therefore, I think that SMCI is protected from the concentration risk related to Nvidia. With strong partnerships with all three leading AI chips companies, SMCI is well-positioned to capitalize on soaring investments in data centers.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6f4264301f49a60e562044ba5830a02c\" tg-width=\"635\" tg-height=\"439\"/></p><p>Data by YCharts</p><p>Some analysts became less optimistic about SMCI due to its gross and operating margins dropping in recent quarters. In my analysis, I also consistently emphasize that it is crucial for investors to check whether a company&#39;s profitability is moving in line with revenue. When profitability stagnates while revenue is growing, it might indicate that the business model is unsustainable.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5d028827c815a569a099df243252671d\" tg-width=\"640\" tg-height=\"346\"/></p><p>SMCI&#39;s latest earnings presentation</p><p>I believe that it is not the case for SMCI. First, the company is not a startup, and it has rich history of strong financial performance, meaning that the management is able to manage growth efficiently over the long term. Second, SMCI faced a sharp spike in demand for racks and the environment is rapidly evolving as Nvidia and AMD are in the fierce battle of releasing the most powerful AI chip of all time. Therefore, SMCI invested heavily in its infrastructure and capacity, R&amp;D, and talent acquisition to address the rapidly evolving environment. I think that these investments are highly likely to pay off as the company is now well-equipped to capitalize on the AI strong momentum.</p><h2 id=\"id_4258372223\">Valuation update</h2><p>SMCI rallied by 49% over the last twelve months and by 45% YTD. Valuation ratios are high compared to historical averages and the sector median. On the other hand, SMCI has strong AI exposure, which is not incorporated in historical averages. Moreover, not all sector companies have the same exposure to AI. Therefore, comparing SMCI&#39;s multiples to the sector median and historical averages appears to be unfair in current circumstances. Therefore, let me compare SMCI&#39;s valuation ratios to other hot AI stocks like NVDA and AMD. They are not peers or competitors, but all three are perceived as the major AI darlings.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d0d33ced8a589dc93a138db8c700b7db\" tg-width=\"640\" tg-height=\"417\"/></p><p>Seeking Alpha</p><p>SMCI is not only cheaper than NVDA but also substantially cheaper compared to AMD, a company with revenue growth nowhere near SMCI&#39;s. Therefore, from valuation ratios, SMCI looks dirt cheap to me.</p><p>I consider the discounted cash flow [DCF] approach to be the most reliable for aggressive growth stocks. SMCI&#39;s total debt is insignificant compared to its market cap. Therefore, I use the cost of equity as a discount rate. Cost of equity is calculated below using the CAPM formula. All assumptions for my CAPM calculations are publicly available on the Internet.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ba7298542a4348ce9593abdfdd2d55e6\" tg-width=\"350\" tg-height=\"116\"/></p><p>Author&#39;s calculations</p><p>Thus, the model will be discounted using a 10.72% discount rate. I rely on consensus revenue estimates, which are available for the entire next decade, projecting a 14.6% CAGR. On a TTM basis, SMCI&#39;s FCF margin was negative due to heavy investments in inventory to meet surging demand. Therefore, for the base year, I incorporate a zero FCF margin. The adjusted EPS is expected by consensus to jump by 52.3% in FY2025 and by 30.2% in FY2026. Therefore, I think that incorporating at least 100 basis points yearly expansion for FCF margin is conservative enough.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b66f3a045e75c6a4c54eb3c1083656be\" tg-width=\"640\" tg-height=\"150\"/></p><p>Seeking Alpha</p><p>With all these assumptions, my DCF model suggests that the business&#39;s fair value is $95 billion. This is almost four times higher than the current market capitalization, meaning that the stock is dirt cheap once again as it was in December 2023.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e62c710ff1f7182d546fe396bde563dc\" tg-width=\"640\" tg-height=\"222\"/></p><p>Author&#39;s calculations</p><h2 id=\"id_2281174827\">Risks update</h2><p>My readers should be aware that SMCI&#39;s reputation is not perfect. In August 2020, the company paid $17.5 million SEC fine over alleged accounting violations. The recent report from Hindenburg Research included allegations of new cases of accounting manipulations, among other issues. The market&#39;s sentiment significantly deteriorated, especially after SMCI announced that it would not be able to file its annual 10-K report on time the next day after Hindenburg&#39;s report.</p><p>Despite SMCI there was no official reaction from the company to Hindenburg&#39;s publication, I am quite skeptical about the report. Short sellers like Hindenburg are recording profits when stock prices plunge. Therefore, there is an apparent conflict of interests when such a company releases its bearish report. Another reason why I consider Hindenburg&#39;s report as noise is that JPMorgan Chase (JPM) noted that it saw &#34;limited evidence of accounting mistreatments beyond revisiting the 2020 charges from the SEC, and limited new information relative to the existing and already known business relationship with related companies owned by the siblings of the founder of SMCI&#34;. I tend to believe more to official comments from the U.S. the largest bank that to the report from a company with a certain conflict of interests.</p><p>Once again, I do not recommend investing in SMCI if an investor is not ready to hold the stock for several years and is likely to panic if temporary drawdowns occur. I have already mentioned that the SMCI&#39;s price range over the last year has been extremely wide, and not everyone is able to stomach such a roller-coaster.</p><h2 id=\"id_4084669201\">Bottom line</h2><p>To conclude, SMCI is still a &#34;Strong Buy&#34; for long-term investors who are okay with substantial valuation. The company is firmly positioned and well-equipped to ride the AI wave, and the valuation is extremely attractive after the recent nosedive.</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>Super Micro Computer Stock Is Dirt Cheap 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; 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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\">\nSuper Micro Computer Stock Is Dirt Cheap Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-12 17:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4720576-super-micro-computer-stock-dirt-cheap-again><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SMCI remains a \"Strong Buy\" for long-term investors despite recent volatility, offering significant potential and attractive valuation after a 49% nosedive since June.The hardware industry for ...</p>\n\n<a href=\"https://seekingalpha.com/article/4720576-super-micro-computer-stock-dirt-cheap-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4561":"索罗斯持仓","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","SMCI":"超微电脑","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","BK4534":"瑞士信贷持仓","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","BK4567":"ESG概念","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0072462426.USD":"贝莱德全球配置 A2","BK4587":"ChatGPT概念","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","BK4535":"淡马锡持仓","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC"},"source_url":"https://seekingalpha.com/article/4720576-super-micro-computer-stock-dirt-cheap-again","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2466929032","content_text":"SMCI remains a \"Strong Buy\" for long-term investors despite recent volatility, offering significant potential and attractive valuation after a 49% nosedive since June.The hardware industry for generative AI is thriving, with strong technological partnerships and soaring revenue growth, positioning SMCI to capitalize on AI momentum.Despite concerns over margins, SMCI's strategic investments in infrastructure, R&D, and talent acquisition are expected to pay off, ensuring sustainable growth.Valuation ratios show SMCI as dirt cheap compared to AI peers like NVDA and AMD, with a DCF model suggesting a fair value nearly four times higher.JHVEPhotoInvestment thesisI am a long-term investor and prefer to allocate my capital to stocks with vast potential. I am ready to hold it for decades, meaning that dips like the recent ones create more buying opportunities. I prefer to look at businesses from a secular perspective, and SMCI definitely has strong potential. Moreover, the stock became dirt cheap once again after the recent dip. All in all, I reiterate my \"Strong buy\" rating for SMCI.Recent developmentsSMCI peaked at above $1,200 in March 2024. The current price is around $445, which is almost three times lower. The stock is extremely volatile with the past 52-week range spanning from $227 to $1,229. The stock started experiencing a massive sell-off since mid-July, mostly due to the broader market's factors. This approximately aligns with the stock's historical seasonality patterns. The below bar chart suggests that the share price decline is likely to continue in September.TrendSpiderThe broader market's sentiment around growth stocks started deteriorating in mid-July when there was an outage of Microsoft's (MSFT) services due to CrowdStrike (CRWD) updating its cybersecurity software. Fears around growth stocks were also fueled by U.S. unemployment rate breaking through a psychological 4% level during Summer 2024.Data by YChartsThe market is a voting machine over the short term. Sentiment around further AI winners growth prospects has apparently cooled down after Nvidia's (NVDA) market cap surpassed $3 trillion. This is a massive psychological level for the entire market because none of the stocks ever rallied far above $3 trillion market cap. Therefore, it is not surprising that NVDA investors are taking profits when the company's market cap hits $3 trillion. Even the recent stellar quarterly earnings release did not help much. I think that the market needs to get used to the new reality where companies' market caps can go closer to $4 trillion before the rally resumes. Moreover, September is historically the weakest month for stocks.Data by YChartsTherefore, SMCI's price might continue to stagnate over the next few months. As a long-term investor, I prefer to ignore the noise and short-term share price fluctuations. Let me better explain why I firmly believe that SMCI is still a strong investment opportunity based on fundamental factors.The industry of hardware for generative AI is still thriving. In July, Gartner has significantly upgraded its worldwide technology spending forecast. According to the report, generative AI is the primary reason for such a bullish outlook. Spending on data center systems is expected to grow by 24.1% in 2024 compared to 2023.siliconangle.comGartner's bullish outlook aligns with recent development around the industry. Amazon's (AMZN) AWS continues expanding its data centers network and yesterday shared information that the company will invest around 8 billion GBP in the United Kingdom. Asset management giants are also active pouring billions into data centers. For example, a consortium led by Blackstone (BX) will acquire Australia-based data center group AirTrunk in a deal worth over A$24 billion. Blue Owl Capital (OWL) also plans to invest billions in a JV that will develop data centers. Therefore, it is very early to think that investments in data centers is losing momentum.As a company with a strong technological partnership with Nvidia, the major AI winner, SMCI is poised to continue enjoying massive industry momentum. The company's revenue is soaring and has grown by around five times over the last five years. Consensus expects Nvidia's revenue to triple over the next decade. This bullish outlook is crucial for investors as there is an extremely strong correlation between NVDA's and SMCI's revenue growth. I became even more convinced that the strong correlation of the two companies' revenues' will persist after Jensen Huang described himself as Liang’s [SMCI's CEO] long-time partner and Supermicro’s “best sales guy”.Data by YChartsIt is also very important that SMCI does not only concentrate on building strong relationships with NVDA. Super Micro Computer also promptly reacts on new chips releases from AMD (AMD) by introducing servers that are compatible with AMD's. SMCI also works closely with Intel (INTC) to ensure that its offerings are compatible with Intel's as well. Therefore, I think that SMCI is protected from the concentration risk related to Nvidia. With strong partnerships with all three leading AI chips companies, SMCI is well-positioned to capitalize on soaring investments in data centers.Data by YChartsSome analysts became less optimistic about SMCI due to its gross and operating margins dropping in recent quarters. In my analysis, I also consistently emphasize that it is crucial for investors to check whether a company's profitability is moving in line with revenue. When profitability stagnates while revenue is growing, it might indicate that the business model is unsustainable.SMCI's latest earnings presentationI believe that it is not the case for SMCI. First, the company is not a startup, and it has rich history of strong financial performance, meaning that the management is able to manage growth efficiently over the long term. Second, SMCI faced a sharp spike in demand for racks and the environment is rapidly evolving as Nvidia and AMD are in the fierce battle of releasing the most powerful AI chip of all time. Therefore, SMCI invested heavily in its infrastructure and capacity, R&D, and talent acquisition to address the rapidly evolving environment. I think that these investments are highly likely to pay off as the company is now well-equipped to capitalize on the AI strong momentum.Valuation updateSMCI rallied by 49% over the last twelve months and by 45% YTD. Valuation ratios are high compared to historical averages and the sector median. On the other hand, SMCI has strong AI exposure, which is not incorporated in historical averages. Moreover, not all sector companies have the same exposure to AI. Therefore, comparing SMCI's multiples to the sector median and historical averages appears to be unfair in current circumstances. Therefore, let me compare SMCI's valuation ratios to other hot AI stocks like NVDA and AMD. They are not peers or competitors, but all three are perceived as the major AI darlings.Seeking AlphaSMCI is not only cheaper than NVDA but also substantially cheaper compared to AMD, a company with revenue growth nowhere near SMCI's. Therefore, from valuation ratios, SMCI looks dirt cheap to me.I consider the discounted cash flow [DCF] approach to be the most reliable for aggressive growth stocks. SMCI's total debt is insignificant compared to its market cap. Therefore, I use the cost of equity as a discount rate. Cost of equity is calculated below using the CAPM formula. All assumptions for my CAPM calculations are publicly available on the Internet.Author's calculationsThus, the model will be discounted using a 10.72% discount rate. I rely on consensus revenue estimates, which are available for the entire next decade, projecting a 14.6% CAGR. On a TTM basis, SMCI's FCF margin was negative due to heavy investments in inventory to meet surging demand. Therefore, for the base year, I incorporate a zero FCF margin. The adjusted EPS is expected by consensus to jump by 52.3% in FY2025 and by 30.2% in FY2026. Therefore, I think that incorporating at least 100 basis points yearly expansion for FCF margin is conservative enough.Seeking AlphaWith all these assumptions, my DCF model suggests that the business's fair value is $95 billion. This is almost four times higher than the current market capitalization, meaning that the stock is dirt cheap once again as it was in December 2023.Author's calculationsRisks updateMy readers should be aware that SMCI's reputation is not perfect. In August 2020, the company paid $17.5 million SEC fine over alleged accounting violations. The recent report from Hindenburg Research included allegations of new cases of accounting manipulations, among other issues. The market's sentiment significantly deteriorated, especially after SMCI announced that it would not be able to file its annual 10-K report on time the next day after Hindenburg's report.Despite SMCI there was no official reaction from the company to Hindenburg's publication, I am quite skeptical about the report. Short sellers like Hindenburg are recording profits when stock prices plunge. Therefore, there is an apparent conflict of interests when such a company releases its bearish report. Another reason why I consider Hindenburg's report as noise is that JPMorgan Chase (JPM) noted that it saw \"limited evidence of accounting mistreatments beyond revisiting the 2020 charges from the SEC, and limited new information relative to the existing and already known business relationship with related companies owned by the siblings of the founder of SMCI\". I tend to believe more to official comments from the U.S. the largest bank that to the report from a company with a certain conflict of interests.Once again, I do not recommend investing in SMCI if an investor is not ready to hold the stock for several years and is likely to panic if temporary drawdowns occur. I have already mentioned that the SMCI's price range over the last year has been extremely wide, and not everyone is able to stomach such a roller-coaster.Bottom lineTo conclude, SMCI is still a \"Strong Buy\" for long-term investors who are okay with substantial valuation. The company is firmly positioned and well-equipped to ride the AI wave, and the valuation is extremely attractive after the recent nosedive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":338437037711632,"gmtCreate":1723638878354,"gmtModify":1723638882498,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/338437037711632","repostId":"1125850969","repostType":2,"repost":{"id":"1125850969","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1723638639,"share":"https://ttm.financial/m/news/1125850969?lang=&edition=fundamental","pubTime":"2024-08-14 20:30","market":"us","language":"en","title":"US Consumer Prices Rise Moderately; Annual Increase Slows to Below 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=1125850969","media":"Reuters","summary":"US CPI YoY Actual 2.9% (Forecast 3%, Previous 3.0%)","content":"<html><head></head><body><p>U.S. consumer prices rose moderately in July and the annual increase in inflation slowed to below 3% for the first time since early 2021, further strengthening expectations the Federal Reserve will cut interest rates next month.</p><p>The report from the Labor Department on Wednesday added to a mild increase in producer prices in July in suggesting that inflation was firmly back on a downward trend. That should allow the U.S. central bank to focus more on the labor market amid growing concerns of a sharp slowdown.</p><p>&#34;The relay race to Fed cuts is on,&#34; said Lindsay Rosner, head of multi-sector fixed income at Goldman Sachs Asset Management. &#34;The Fed is on track to cut some amount in September, and we&#39;ve got two more legs of this race to go.&#34;</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/11e68db5cc3703b67a6b74d1355a810c\" title=\"\" tg-width=\"514\" tg-height=\"70\"/></p><p>The consumer price index increased 0.2% last month after falling 0.1% in June, the Labor Department&#39;s Bureau of Labor Statistics said. The rise was in line with economists&#39; expectations. A 0.4% increase in shelter, which includes rents, accounted for nearly 90% of the rose in the CPI. Shelter costs increased 0.2% in June.</p><p>Food prices gained 0.2%, matching June&#39;s rise. Gasoline prices were unchanged after falling for two straight months. In the 12 months through July, the CPI increased 2.9%. That was the first sub-3% reading and smallest gain since March 2021. Consumer prices advanced 3.0% on a year-on-year basis in June.</p><p>Annual consumer price growth has moderated considerably from a peak of 9.1% in June 2022 as higher borrowing costs cool demand. While still elevated, inflation is moving towards the U.S. central bank&#39;s 2% target.</p><p>The odds of a rate cut at the Fed&#39;s Sept. 17-18 policy meeting are split between half a percentage point and 25 basis points. The rate pricing mostly reflects a jump in the unemployment rate to near a three-year high of 4.3% in July.</p><p>Economists, however, argue that the labor market would have to deteriorate considerably for the central bank to deliver a 50 basis point rate reduction. The fourth straight monthly increase in the jobless rate was mostly driven by an immigration-induced rise in labor supply rather than layoffs.</p><p>The Fed has maintained its benchmark overnight interest rate in the current 5.25%-5.50% range for a year, having raised it by 525 basis points in 2022 and 2023.</p><p>Excluding the volatile food and energy components, the CPI rose 0.2% in July after rising 0.1% in June. In the 12 months through July, the core CPI advanced 3.2%. That was the smallest year-on-year increase since April 2021 and followed a 3.3% gain in June.</p><p>&#34;Unless the global economy experiences another shock, the Fed will most likely cut rates by a quarter percent in September,&#34; said Jeffrey Roach, chief economist at LPL Financial. &#34;The probability of the Fed cutting by a half percent is still elevated since investors are still somewhat skittish from recent events.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Consumer Prices Rise Moderately; Annual Increase Slows to Below 3%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Consumer Prices Rise Moderately; Annual Increase Slows to Below 3%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-08-14 20:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. consumer prices rose moderately in July and the annual increase in inflation slowed to below 3% for the first time since early 2021, further strengthening expectations the Federal Reserve will cut interest rates next month.</p><p>The report from the Labor Department on Wednesday added to a mild increase in producer prices in July in suggesting that inflation was firmly back on a downward trend. That should allow the U.S. central bank to focus more on the labor market amid growing concerns of a sharp slowdown.</p><p>&#34;The relay race to Fed cuts is on,&#34; said Lindsay Rosner, head of multi-sector fixed income at Goldman Sachs Asset Management. &#34;The Fed is on track to cut some amount in September, and we&#39;ve got two more legs of this race to go.&#34;</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/11e68db5cc3703b67a6b74d1355a810c\" title=\"\" tg-width=\"514\" tg-height=\"70\"/></p><p>The consumer price index increased 0.2% last month after falling 0.1% in June, the Labor Department&#39;s Bureau of Labor Statistics said. The rise was in line with economists&#39; expectations. A 0.4% increase in shelter, which includes rents, accounted for nearly 90% of the rose in the CPI. Shelter costs increased 0.2% in June.</p><p>Food prices gained 0.2%, matching June&#39;s rise. Gasoline prices were unchanged after falling for two straight months. In the 12 months through July, the CPI increased 2.9%. That was the first sub-3% reading and smallest gain since March 2021. Consumer prices advanced 3.0% on a year-on-year basis in June.</p><p>Annual consumer price growth has moderated considerably from a peak of 9.1% in June 2022 as higher borrowing costs cool demand. While still elevated, inflation is moving towards the U.S. central bank&#39;s 2% target.</p><p>The odds of a rate cut at the Fed&#39;s Sept. 17-18 policy meeting are split between half a percentage point and 25 basis points. The rate pricing mostly reflects a jump in the unemployment rate to near a three-year high of 4.3% in July.</p><p>Economists, however, argue that the labor market would have to deteriorate considerably for the central bank to deliver a 50 basis point rate reduction. The fourth straight monthly increase in the jobless rate was mostly driven by an immigration-induced rise in labor supply rather than layoffs.</p><p>The Fed has maintained its benchmark overnight interest rate in the current 5.25%-5.50% range for a year, having raised it by 525 basis points in 2022 and 2023.</p><p>Excluding the volatile food and energy components, the CPI rose 0.2% in July after rising 0.1% in June. In the 12 months through July, the core CPI advanced 3.2%. That was the smallest year-on-year increase since April 2021 and followed a 3.3% gain in June.</p><p>&#34;Unless the global economy experiences another shock, the Fed will most likely cut rates by a quarter percent in September,&#34; said Jeffrey Roach, chief economist at LPL Financial. &#34;The probability of the Fed cutting by a half percent is still elevated since investors are still somewhat skittish from recent events.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125850969","content_text":"U.S. consumer prices rose moderately in July and the annual increase in inflation slowed to below 3% for the first time since early 2021, further strengthening expectations the Federal Reserve will cut interest rates next month.The report from the Labor Department on Wednesday added to a mild increase in producer prices in July in suggesting that inflation was firmly back on a downward trend. That should allow the U.S. central bank to focus more on the labor market amid growing concerns of a sharp slowdown.\"The relay race to Fed cuts is on,\" said Lindsay Rosner, head of multi-sector fixed income at Goldman Sachs Asset Management. \"The Fed is on track to cut some amount in September, and we've got two more legs of this race to go.\"The consumer price index increased 0.2% last month after falling 0.1% in June, the Labor Department's Bureau of Labor Statistics said. The rise was in line with economists' expectations. A 0.4% increase in shelter, which includes rents, accounted for nearly 90% of the rose in the CPI. Shelter costs increased 0.2% in June.Food prices gained 0.2%, matching June's rise. Gasoline prices were unchanged after falling for two straight months. In the 12 months through July, the CPI increased 2.9%. That was the first sub-3% reading and smallest gain since March 2021. Consumer prices advanced 3.0% on a year-on-year basis in June.Annual consumer price growth has moderated considerably from a peak of 9.1% in June 2022 as higher borrowing costs cool demand. While still elevated, inflation is moving towards the U.S. central bank's 2% target.The odds of a rate cut at the Fed's Sept. 17-18 policy meeting are split between half a percentage point and 25 basis points. The rate pricing mostly reflects a jump in the unemployment rate to near a three-year high of 4.3% in July.Economists, however, argue that the labor market would have to deteriorate considerably for the central bank to deliver a 50 basis point rate reduction. The fourth straight monthly increase in the jobless rate was mostly driven by an immigration-induced rise in labor supply rather than layoffs.The Fed has maintained its benchmark overnight interest rate in the current 5.25%-5.50% range for a year, having raised it by 525 basis points in 2022 and 2023.Excluding the volatile food and energy components, the CPI rose 0.2% in July after rising 0.1% in June. In the 12 months through July, the core CPI advanced 3.2%. That was the smallest year-on-year increase since April 2021 and followed a 3.3% gain in June.\"Unless the global economy experiences another shock, the Fed will most likely cut rates by a quarter percent in September,\" said Jeffrey Roach, chief economist at LPL Financial. \"The probability of the Fed cutting by a half percent is still elevated since investors are still somewhat skittish from recent events.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328420751044784,"gmtCreate":1721195391586,"gmtModify":1721195399906,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Selling pranta","listText":"Selling pranta","text":"Selling pranta","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328420751044784","repostId":"1169733376","repostType":4,"repost":{"id":"1169733376","kind":"news","pubTimestamp":1721187074,"share":"https://ttm.financial/m/news/1169733376?lang=&edition=fundamental","pubTime":"2024-07-17 11:31","market":"us","language":"en","title":"Apple Stock: Time To Sell (Downgrade)","url":"https://stock-news.laohu8.com/highlight/detail?id=1169733376","media":"seekingalpha","summary":"SummarySince I upgraded Apple stock to \"Buy\", it has grown by ~32.5%, outperforming the S&P 500 by nearly 4x over the past quarter.What has driven the stock's rapid growth in recent years and recent m","content":"<html><head></head><body><h2 id=\"id_2481361300\">Summary</h2><ul style=\"\"><li><p>Since I upgraded Apple stock to &#34;Buy&#34;, it has grown by ~32.5%, outperforming the S&amp;P 500 by nearly 4x over the past quarter.</p></li><li><p>What has driven the stock&#39;s rapid growth in recent years and recent months, was, in my opinion, mainly the expectation of a new product upgrade cycle fueled by AI.</p></li><li><p>Today, concerns about iPhone sales growth lagging behind the market, stretched valuations, and potential market correction led me to the decision to downgrade Apple stock.</p></li><li><p>Realistically, I&#39;d expect AAPL to trade at ~30x earnings by FY2025, which suggests the potential for a correction of ~5%.</p></li><li><p>I currently see no margin of safety for Apple stock, so I downgrade AAPL to &#34;Sell&#34;, looking forward to seeing the company&#39;s Q3 FY2024 earnings release on August 1.</p></li><li><p>Looking for a helping hand in the market? Members of Beyond the Wall Investing get exclusive ideas and guidance to navigate any climate. Learn More »</p></li></ul><p></p><h2 id=\"id_3188349759\">My Thesis Upgrade</h2><p>I initiated coverage on Apple Inc. (NASDAQ:AAPL) (NEOE:AAPL:CA) stock in January 2024 with a &#34;Sell&#34; rating when each share was trading at around $191. However, I upgraded my rating to &#34;Buy&#34; in mid-April 2024 when the stock fell to about $174 per share. Since then, I haven&#39;t touched my bullish rating anyhow, so during the past quarter, Apple stock has grown by ~32.5%, outperforming the S&amp;P 500 (SP500) (SPY) by nearly 4x:</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9699003fecc4ce86f0a3b25c0d0246b4\" alt=\"Seeking Alpha, Oakoff&#39;s coverage of AAPL\" title=\"Seeking Alpha, Oakoff&#39;s coverage of AAPL\" tg-width=\"640\" tg-height=\"379\"/><span>Seeking Alpha, Oakoff&#39;s coverage of AAPL</span></p><p></p><p>What has driven the stock&#39;s rapid growth in recent years and recent months, was, in my opinion, mainly the expectation of a new product upgrade cycle fueled by the integration of AI into new devices. However, I believe that the current price has exceeded a justifiable valuation. Therefore, I&#39;ve decided to lower my rating to &#34;Sell&#34; again, as I expect the coming months to be quite challenging for Apple&#39;s stock price performance.</p><h2 id=\"id_2256327510\">My Reasoning</h2><p>In fiscal Q2 2024, Apple reported revenue of ~$90.7 billion, which was a YoY decline of 4% and a QoQ decline of 24% (the latter is typical for Q2 due to poorer seasonality). Despite both YoY and QoQ declines, AAPL&#39;s revenue was slightly above the consensus guidance of $90.5 billion. What surprised me was the GAAP gross margin improving to 46.6% from 45.9% in the prior quarter and 44.3% in the year-ago quarter. The GAAP EBIT margin decreased to 30.7% from 33.8% in the prior quarter but increased from 29.9% in Q2 FY2023, so EPS was $1.53 compared to $1.52 in the prior year, beating the consensus estimate of ~$1.50.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5dcfcbf5db0a13f5f233d5ef9f5b0b13\" alt=\"Seeking Alpha, AAPL\" title=\"Seeking Alpha, AAPL\" tg-width=\"640\" tg-height=\"234\"/><span>Seeking Alpha, AAPL</span></p><p></p><p>As can be seen from the cash flow statement, Apple made approximately $57.5 billion in net income for the fiscal year H1 2024, which is 6.3% less than a year ago, but it was able to bring out around $62.5 billion in operating cash flow due to a bit smaller negative impact of accounts payable compared to the same period last year. Thanks to a doubling of cash flows from investing activities (on a YoY basis) and a slightly lower outflow from financial activities, the amount of cash on the company&#39;s balance sheet has increased significantly, amounting to $67.15 billion in cash and short- and long-term investments (+20% YoY), according to Seeking Alpha Premium data. In terms of free cash flow generation, Apple&#39;s Q2 has remained approximately at the same level seen in the last 5 years (adjusted for seasonality). On a TTM basis, we see that AAPL&#39;s FCF is growing in the long term, now exceeding $100 billion, which is positive, but it hasn&#39;t grown beyond this mark since 2022.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f434db6181523cb7a32f97cab58cc077\" alt=\"Chart\" title=\"Chart\" tg-width=\"635\" tg-height=\"491\"/><span>Chart</span></p><p></p><p>Such an enormous FCF should have been utilized somehow, and so Apple has actively repurchased its shares from the open market and maintained stable, albeit modest, dividends. In April 2024, the company boosted its buyback program by $110 billion, which was a bigger increase compared to the previous 2 years ($90 billion each). They also raised the quarterly dividend to $0.25 per share, up from last year&#39;s increase of 4% to $0.24 per share in April 2023 and an increase of 5% from the previous year to $0.23 per share in April 2022. Thus, the long-term trend of decreasing shares outstanding continued, and the company&#39;s dividend yield, due to the rise in the stock prices, became even lower:</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/00c9487698228c7ee197260b061a0b0f\" alt=\"Chart\" title=\"Chart\" tg-width=\"635\" tg-height=\"439\"/><span>Chart</span></p><p></p><p>In general, I can&#39;t call Apple&#39;s second fiscal quarter results outstanding. They weren&#39;t groundbreaking; Apple&#39;s Q2 financials were probably not the main reason for the recovery in the stock price, even though Apple managed to beat analysts&#39; consensus estimates. The main reason was the Worldwide Developers Conference (WWDC), where important changes were announced regarding the development of artificial intelligence in the company&#39;s devices. They introduced the Apple Intelligence initiative, with the idea to build generative AI into the iPhone, iPad, and Mac. This would now include updates to its operating systems like iOS 18, iPadOS, and macOS Sequoia with integrated AI capabilities of Apple. Enhanced features include improved customizations, satellite messaging, and new functions for AirPods Pro as well as Apple Watch. It&#39;s important to note that Siri has also been enhanced by Apple with more contextual relevance and personal intelligence capable of tasks such as responding to emails or making unique emojis in the iMessage app. This AI-realted strategic move from Apple, although quite late compared to other Big Tech companies, should trigger a new wave of iPhone sales according to many Wall Street analysts after WWDC, setting it up for EPS growth over the next 2 years driven by its strong hardware and services demand.</p><p>I believe the company has a great opportunity to monetize its AI initiatives, especially with the continued growth in service revenue, which was a lifeline in the second quarter. However, I believe the company is still a long way from realizing the full potential benefits, and the recent market reaction seems overly optimistic. Even the majority of bullish analysts at Wall Street&#39;s major investment banks haven&#39;t been as bullish as recent price movements suggest; Apple&#39;s stock has significantly outperformed analysts&#39; average price targets. The highest estimate is now $275 per share, which represents a further 19.5% increase from the current price, but this remains the most optimistic scenario within a broader range. So given the already bullish outlook on its growth prospects, the stock price seems &#34;overheated&#34; to me.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/267f85249bdb5137e5cfaeb28481e616\" alt=\"Seeking Alpha, AAPL stock, Wall Street Ratings\" title=\"Seeking Alpha, AAPL stock, Wall Street Ratings\" tg-width=\"640\" tg-height=\"556\"/><span>Seeking Alpha, AAPL stock, Wall Street Ratings</span></p><p></p><p>I&#39;m also concerned by the fact that the actual number of iPhones sold (&#34;sell-through&#34;) in recent months has lagged behind the average growth rate of the market. UBS reported on this at the end of June (proprietary source, June 2024), citing data from May that showed a 2% year-on-year decline in iPhone sales, marking the 5th consecutive month of weakness.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6d4cd580f3e02a3e35553d9dafb8f636\" alt=\"UBS, proprietary source, June 2024\" title=\"UBS, proprietary source, June 2024\" tg-width=\"640\" tg-height=\"221\"/><span>UBS, proprietary source, June 2024</span></p><p></p><p>To date, the latest (June-dated) data confirms Apple&#39;s continued weakness compared to the broader market.</p><blockquote><p></p><p><em>UBS reported that preliminary June sell-through data provided by Counterpoint indicates that the Apple’s iPhone unit sell-through was up roughly 1% last month, which compares to global smartphone growth of about 4%. For the June quarter, preliminary data indicate iPhone unit sell-through was 45M units, or down 1% year-over-year, compared to 6% growth for the market, according to the analyst, who keeps a Neutral rating and $190 price target on Apple shares.</em></p><p>Source: TipRanks [July 12, 2024]</p></blockquote><p>Although the share of service revenue is growing, it remains a secondary source of sales for Apple. Although the artificial intelligence initiatives are important milestones in the company&#39;s development, the actual iPhone sales growth compared to the market has not lived up to the expectations raised after the &#34;AI announcement&#34;. Perhaps anticipation is building for the release of the iPhone 16. I don&#39;t want to draw any definitive conclusions here, but the current sales momentum suggests caution rather than maintaining the overly bullish sentiment we had immediately after WWDC. Meanwhile, over the past six months, Wall Street analysts have continued to raise their estimates for EPS significantly, seemingly overlooking potential risks.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/627abd1c640e6abc52fc15809ae50682\" alt=\"Seeking Alpha, AAPL&#39;s EPS revisions\" title=\"Seeking Alpha, AAPL&#39;s EPS revisions\" tg-width=\"640\" tg-height=\"299\"/><span>Seeking Alpha, AAPL&#39;s EPS revisions</span></p><p></p><p>Analysts predict an 11% annual growth rate (CAGR) in EPS over the next 5 years. However, I&#39;m concerned that this expected growth rate would only value the company at 20x net earnings by FY2028. Of course, by the end of FY2028, this multiplier will likely be higher. Currently, the forwarding P/E ratio stands at about 35x net earnings (the end of 2024). This is close to Apple&#39;s limit, historically speaking. Therefore, in 5 years, maintaining the buyback and assuming stable FCF and EPS growth based on today&#39;s consensus, we can most likely expect a 25-30x P/E multiple for Apple - this gives a potential price of $307/sh. In other words: In 5 years, the stock may expand by 33% based on quite optimistic (the current consensus) expectations, which would mean a CAGR of about 5.9% per annum. Many A2-rated bonds (based on Moody&#39;s rating) yield much more today, so I don&#39;t think this projected growth rate is justified. I see no margin of safety in Apple&#39;s current valuation.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4cfe1e4cd3c0cec7c6bf4ed1b0beda61\" alt=\"Chart\" title=\"Chart\" tg-width=\"635\" tg-height=\"439\"/><span>Chart</span></p><p></p><p>According to analysts, today&#39;s 35x in FWD P/E may decrease to ~31.6x by the end of 2025. I believe that, in reality, the P/E multiple should drop to at least 30 times earnings. With the current consensus EPS estimate at $7.29, this would imply a stock price of ~$218, which is ~5% lower than today&#39;s price, highlighting the lack of a safety margin in Apple stock, in my opinion.</p><p>As for the technical analysis, I also see some potential short-term problems for Apple. <strong>Firstly</strong>, by September, the current strength in terms of seasonality is likely to diminish, if the past 10 years of statistics are something to rely on. <strong>Secondly</strong>, the stock price&#39;s distance from its 52-week exponential moving average has increased rapidly, reaching peaks seen in previous expansions. In the previous expansion, the stock rose from the bottom to a local peak over about 6 months, gaining 59.5%. Today, we see that Apple stock has grown by 40.5% in just 3 months, which is very fast. This makes the price action look very extended, and a pullback to the moving averages seems like the most logical outcome.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/eb7bae3d737f4c9e09af0c92f738487c\" alt=\"TrendSpider Software, AAPL stock, Oakoff&#39;s notes\" title=\"TrendSpider Software, AAPL stock, Oakoff&#39;s notes\" tg-width=\"640\" tg-height=\"300\"/><span>TrendSpider Software, AAPL stock, Oakoff&#39;s notes</span></p><p></p><p>Thus, based on my findings, I think it should be logical to downgrade Apple stock to &#34;Sell&#34; today.</p><h2 id=\"id_3044906777\">Upside Risks To My Thesis</h2><p>First, one of the major upside risks to my today&#39;s downgrade is that I don&#39;t agree with the common view, which encompasses the judgments and thoughts of those who have been following Apple for a longer time and more closely than me. Therefore, there are chances that I may be absolutely wrong about something obvious to the bulls.</p><p>Second, I find Argus Research&#39;s latest report (proprietary source, dated June 2024) to contain a whole lot of bullish arguments that appear very solid to me and could easily negate my conclusions if the company fulfills what is anticipated:</p><blockquote><p></p><p><em>We believe on-device Gen AI has the potential to drive the next big round of iPhone sales. Timing of product readiness and in particular customer acceptance is uncertain. Apple recently reported solid fiscal 2Q24 results, with record service revenue partly offsetting lower iPhone sales. Currently, Apple is on track for EPS growth over the next two years. This reflects strong appetite for Apple&#39;s hardware, and its brand loyalty in turn spurs demand for Apple&#39;s services, including iTunes, App Store, and iCloud.</em></p><p><em>Apple has entered the generative AI space after being on the sidelines for the first year and a half after ChatGPT&#39;s launch in November 2022. By mainly positioning these new enhancements on its highest-end existing iPhone and mainly on future models, the company seeks to drive a robust new upgrade cycle in 2025 and beyond.</em></p><p><em>We believe the current environment represents an opportunity to establish or dollar-average into positions in AAPL.</em></p></blockquote><p>Third, my conclusions about the company&#39;s valuation are somewhat subjective, as I&#39;m basing them on historical norms and what I, personally, think is fair for Apple stock. The market&#39;s assessments of the company&#39;s prospects and the prices investors are willing to pay may differ significantly from my opinion and conclusions. It&#39;s important to note that numerous funds and other institutional investors hold significant stakes in Apple - their reluctance to sell or trim positions could contribute to the continued upward momentum of the stock amid the absence of strong selling pressure.</p><h2 id=\"id_2355272574\">Your Takeaway</h2><p>Despite the recent rise in Apple&#39;s stock price and excitement about its artificial intelligence initiatives, I remain concerned about iPhone sales, which are up just 1% year-on-year in June, compared to a 4% rise in the broader market. This is against a backdrop of stretched valuations and the high possibility of a market correction (i.e. mean reversion).</p><p>In my opinion, the current market forecast for Apple&#39;s P/E multiple by the end of FY2025 is too optimistic. Realistically, I&#39;d expect it to be ~30 times earnings, which suggests the potential for a correction of ~5%. This forecast is subject to change, of course, but significant adjustments are unlikely, in my view. Therefore, I currently see no margin of safety for Apple stock. A further upward move would only increase its expensiveness, which runs counter to logic. I have decided to downgrade AAPL to &#34;Sell&#34;, looking forward to seeing the company&#39;s Q3 FY2024 earnings release on August 1.</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>Apple Stock: Time To Sell (Downgrade)</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 Stock: Time To Sell (Downgrade)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-17 11:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4704248-apple-stock-time-to-sell-downgrade-aapl-stock><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummarySince I upgraded Apple stock to \"Buy\", it has grown by ~32.5%, outperforming the S&P 500 by nearly 4x over the past quarter.What has driven the stock's rapid growth in recent years and recent ...</p>\n\n<a href=\"https://seekingalpha.com/article/4704248-apple-stock-time-to-sell-downgrade-aapl-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4704248-apple-stock-time-to-sell-downgrade-aapl-stock","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1169733376","content_text":"SummarySince I upgraded Apple stock to \"Buy\", it has grown by ~32.5%, outperforming the S&P 500 by nearly 4x over the past quarter.What has driven the stock's rapid growth in recent years and recent months, was, in my opinion, mainly the expectation of a new product upgrade cycle fueled by AI.Today, concerns about iPhone sales growth lagging behind the market, stretched valuations, and potential market correction led me to the decision to downgrade Apple stock.Realistically, I'd expect AAPL to trade at ~30x earnings by FY2025, which suggests the potential for a correction of ~5%.I currently see no margin of safety for Apple stock, so I downgrade AAPL to \"Sell\", looking forward to seeing the company's Q3 FY2024 earnings release on August 1.Looking for a helping hand in the market? Members of Beyond the Wall Investing get exclusive ideas and guidance to navigate any climate. Learn More »My Thesis UpgradeI initiated coverage on Apple Inc. (NASDAQ:AAPL) (NEOE:AAPL:CA) stock in January 2024 with a \"Sell\" rating when each share was trading at around $191. However, I upgraded my rating to \"Buy\" in mid-April 2024 when the stock fell to about $174 per share. Since then, I haven't touched my bullish rating anyhow, so during the past quarter, Apple stock has grown by ~32.5%, outperforming the S&P 500 (SP500) (SPY) by nearly 4x:Seeking Alpha, Oakoff's coverage of AAPLWhat has driven the stock's rapid growth in recent years and recent months, was, in my opinion, mainly the expectation of a new product upgrade cycle fueled by the integration of AI into new devices. However, I believe that the current price has exceeded a justifiable valuation. Therefore, I've decided to lower my rating to \"Sell\" again, as I expect the coming months to be quite challenging for Apple's stock price performance.My ReasoningIn fiscal Q2 2024, Apple reported revenue of ~$90.7 billion, which was a YoY decline of 4% and a QoQ decline of 24% (the latter is typical for Q2 due to poorer seasonality). Despite both YoY and QoQ declines, AAPL's revenue was slightly above the consensus guidance of $90.5 billion. What surprised me was the GAAP gross margin improving to 46.6% from 45.9% in the prior quarter and 44.3% in the year-ago quarter. The GAAP EBIT margin decreased to 30.7% from 33.8% in the prior quarter but increased from 29.9% in Q2 FY2023, so EPS was $1.53 compared to $1.52 in the prior year, beating the consensus estimate of ~$1.50.Seeking Alpha, AAPLAs can be seen from the cash flow statement, Apple made approximately $57.5 billion in net income for the fiscal year H1 2024, which is 6.3% less than a year ago, but it was able to bring out around $62.5 billion in operating cash flow due to a bit smaller negative impact of accounts payable compared to the same period last year. Thanks to a doubling of cash flows from investing activities (on a YoY basis) and a slightly lower outflow from financial activities, the amount of cash on the company's balance sheet has increased significantly, amounting to $67.15 billion in cash and short- and long-term investments (+20% YoY), according to Seeking Alpha Premium data. In terms of free cash flow generation, Apple's Q2 has remained approximately at the same level seen in the last 5 years (adjusted for seasonality). On a TTM basis, we see that AAPL's FCF is growing in the long term, now exceeding $100 billion, which is positive, but it hasn't grown beyond this mark since 2022.ChartSuch an enormous FCF should have been utilized somehow, and so Apple has actively repurchased its shares from the open market and maintained stable, albeit modest, dividends. In April 2024, the company boosted its buyback program by $110 billion, which was a bigger increase compared to the previous 2 years ($90 billion each). They also raised the quarterly dividend to $0.25 per share, up from last year's increase of 4% to $0.24 per share in April 2023 and an increase of 5% from the previous year to $0.23 per share in April 2022. Thus, the long-term trend of decreasing shares outstanding continued, and the company's dividend yield, due to the rise in the stock prices, became even lower:ChartIn general, I can't call Apple's second fiscal quarter results outstanding. They weren't groundbreaking; Apple's Q2 financials were probably not the main reason for the recovery in the stock price, even though Apple managed to beat analysts' consensus estimates. The main reason was the Worldwide Developers Conference (WWDC), where important changes were announced regarding the development of artificial intelligence in the company's devices. They introduced the Apple Intelligence initiative, with the idea to build generative AI into the iPhone, iPad, and Mac. This would now include updates to its operating systems like iOS 18, iPadOS, and macOS Sequoia with integrated AI capabilities of Apple. Enhanced features include improved customizations, satellite messaging, and new functions for AirPods Pro as well as Apple Watch. It's important to note that Siri has also been enhanced by Apple with more contextual relevance and personal intelligence capable of tasks such as responding to emails or making unique emojis in the iMessage app. This AI-realted strategic move from Apple, although quite late compared to other Big Tech companies, should trigger a new wave of iPhone sales according to many Wall Street analysts after WWDC, setting it up for EPS growth over the next 2 years driven by its strong hardware and services demand.I believe the company has a great opportunity to monetize its AI initiatives, especially with the continued growth in service revenue, which was a lifeline in the second quarter. However, I believe the company is still a long way from realizing the full potential benefits, and the recent market reaction seems overly optimistic. Even the majority of bullish analysts at Wall Street's major investment banks haven't been as bullish as recent price movements suggest; Apple's stock has significantly outperformed analysts' average price targets. The highest estimate is now $275 per share, which represents a further 19.5% increase from the current price, but this remains the most optimistic scenario within a broader range. So given the already bullish outlook on its growth prospects, the stock price seems \"overheated\" to me.Seeking Alpha, AAPL stock, Wall Street RatingsI'm also concerned by the fact that the actual number of iPhones sold (\"sell-through\") in recent months has lagged behind the average growth rate of the market. UBS reported on this at the end of June (proprietary source, June 2024), citing data from May that showed a 2% year-on-year decline in iPhone sales, marking the 5th consecutive month of weakness.UBS, proprietary source, June 2024To date, the latest (June-dated) data confirms Apple's continued weakness compared to the broader market.UBS reported that preliminary June sell-through data provided by Counterpoint indicates that the Apple’s iPhone unit sell-through was up roughly 1% last month, which compares to global smartphone growth of about 4%. For the June quarter, preliminary data indicate iPhone unit sell-through was 45M units, or down 1% year-over-year, compared to 6% growth for the market, according to the analyst, who keeps a Neutral rating and $190 price target on Apple shares.Source: TipRanks [July 12, 2024]Although the share of service revenue is growing, it remains a secondary source of sales for Apple. Although the artificial intelligence initiatives are important milestones in the company's development, the actual iPhone sales growth compared to the market has not lived up to the expectations raised after the \"AI announcement\". Perhaps anticipation is building for the release of the iPhone 16. I don't want to draw any definitive conclusions here, but the current sales momentum suggests caution rather than maintaining the overly bullish sentiment we had immediately after WWDC. Meanwhile, over the past six months, Wall Street analysts have continued to raise their estimates for EPS significantly, seemingly overlooking potential risks.Seeking Alpha, AAPL's EPS revisionsAnalysts predict an 11% annual growth rate (CAGR) in EPS over the next 5 years. However, I'm concerned that this expected growth rate would only value the company at 20x net earnings by FY2028. Of course, by the end of FY2028, this multiplier will likely be higher. Currently, the forwarding P/E ratio stands at about 35x net earnings (the end of 2024). This is close to Apple's limit, historically speaking. Therefore, in 5 years, maintaining the buyback and assuming stable FCF and EPS growth based on today's consensus, we can most likely expect a 25-30x P/E multiple for Apple - this gives a potential price of $307/sh. In other words: In 5 years, the stock may expand by 33% based on quite optimistic (the current consensus) expectations, which would mean a CAGR of about 5.9% per annum. Many A2-rated bonds (based on Moody's rating) yield much more today, so I don't think this projected growth rate is justified. I see no margin of safety in Apple's current valuation.ChartAccording to analysts, today's 35x in FWD P/E may decrease to ~31.6x by the end of 2025. I believe that, in reality, the P/E multiple should drop to at least 30 times earnings. With the current consensus EPS estimate at $7.29, this would imply a stock price of ~$218, which is ~5% lower than today's price, highlighting the lack of a safety margin in Apple stock, in my opinion.As for the technical analysis, I also see some potential short-term problems for Apple. Firstly, by September, the current strength in terms of seasonality is likely to diminish, if the past 10 years of statistics are something to rely on. Secondly, the stock price's distance from its 52-week exponential moving average has increased rapidly, reaching peaks seen in previous expansions. In the previous expansion, the stock rose from the bottom to a local peak over about 6 months, gaining 59.5%. Today, we see that Apple stock has grown by 40.5% in just 3 months, which is very fast. This makes the price action look very extended, and a pullback to the moving averages seems like the most logical outcome.TrendSpider Software, AAPL stock, Oakoff's notesThus, based on my findings, I think it should be logical to downgrade Apple stock to \"Sell\" today.Upside Risks To My ThesisFirst, one of the major upside risks to my today's downgrade is that I don't agree with the common view, which encompasses the judgments and thoughts of those who have been following Apple for a longer time and more closely than me. Therefore, there are chances that I may be absolutely wrong about something obvious to the bulls.Second, I find Argus Research's latest report (proprietary source, dated June 2024) to contain a whole lot of bullish arguments that appear very solid to me and could easily negate my conclusions if the company fulfills what is anticipated:We believe on-device Gen AI has the potential to drive the next big round of iPhone sales. Timing of product readiness and in particular customer acceptance is uncertain. Apple recently reported solid fiscal 2Q24 results, with record service revenue partly offsetting lower iPhone sales. Currently, Apple is on track for EPS growth over the next two years. This reflects strong appetite for Apple's hardware, and its brand loyalty in turn spurs demand for Apple's services, including iTunes, App Store, and iCloud.Apple has entered the generative AI space after being on the sidelines for the first year and a half after ChatGPT's launch in November 2022. By mainly positioning these new enhancements on its highest-end existing iPhone and mainly on future models, the company seeks to drive a robust new upgrade cycle in 2025 and beyond.We believe the current environment represents an opportunity to establish or dollar-average into positions in AAPL.Third, my conclusions about the company's valuation are somewhat subjective, as I'm basing them on historical norms and what I, personally, think is fair for Apple stock. The market's assessments of the company's prospects and the prices investors are willing to pay may differ significantly from my opinion and conclusions. It's important to note that numerous funds and other institutional investors hold significant stakes in Apple - their reluctance to sell or trim positions could contribute to the continued upward momentum of the stock amid the absence of strong selling pressure.Your TakeawayDespite the recent rise in Apple's stock price and excitement about its artificial intelligence initiatives, I remain concerned about iPhone sales, which are up just 1% year-on-year in June, compared to a 4% rise in the broader market. This is against a backdrop of stretched valuations and the high possibility of a market correction (i.e. mean reversion).In my opinion, the current market forecast for Apple's P/E multiple by the end of FY2025 is too optimistic. Realistically, I'd expect it to be ~30 times earnings, which suggests the potential for a correction of ~5%. This forecast is subject to change, of course, but significant adjustments are unlikely, in my view. Therefore, I currently see no margin of safety for Apple stock. A further upward move would only increase its expensiveness, which runs counter to logic. I have decided to downgrade AAPL to \"Sell\", looking forward to seeing the company's Q3 FY2024 earnings release on August 1.","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306866795679872,"gmtCreate":1715922503257,"gmtModify":1715923953897,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Rubbish","listText":"Rubbish","text":"Rubbish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/306866795679872","repostId":"2436930833","repostType":2,"repost":{"id":"2436930833","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1715916129,"share":"https://ttm.financial/m/news/2436930833?lang=&edition=fundamental","pubTime":"2024-05-17 11:22","market":"sg","language":"en","title":"Singapore Airlines Shares Unlikely to Get Much of a Lift From Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2436930833","media":"Dow Jones","summary":"0125 GMT - Singapore Airlines shares are unlikely to get a big boost from its latest results, despite a beat in core earnings, Citi Research analyst Kaseedit Choonnawat writes in a note. Choonnawat thinks investors will focus on the carrier's normalizing passenger yields and loads instead, as the industry continues to increase capacity. That will be particularly worrying if the decline in Singapore Airlines' ex-fuel costs reverses, affecting operating profit, Choonnawat adds. However, the carrier has a potential tailwind in the recent merger of its associate Vistara with Air India. If the new entity turns a profit, that would be a boost for Singapore Airlines, the analyst says. Citi maintains a neutral call on the stock with a target price of S$6.63. Shares are 0.3% lower at S$6.71. ","content":"<p>Singapore Airlines shares are unlikely to get a big boost from its latest results, despite a beat in core earnings, Citi Research analyst Kaseedit Choonnawat writes in a note. Choonnawat thinks investors will focus on the carrier's normalizing passenger yields and loads instead, as the industry continues to increase capacity. </p><p>That will be particularly worrying if the decline in Singapore Airlines' ex-fuel costs reverses, affecting operating profit, Choonnawat adds. However, the carrier has a potential tailwind in the recent merger of its associate Vistara with Air India. If the new entity turns a profit, that would be a boost for Singapore Airlines, the analyst says. </p><p>Citi maintains a neutral call on the stock with a target price of S$6.63. Shares are 0.3% lower at S$6.71.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Airlines Shares Unlikely to Get Much of a Lift From Earnings</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\">\nSingapore Airlines Shares Unlikely to Get Much of a Lift From Earnings\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\">2024-05-17 11:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Singapore Airlines shares are unlikely to get a big boost from its latest results, despite a beat in core earnings, Citi Research analyst Kaseedit Choonnawat writes in a note. Choonnawat thinks investors will focus on the carrier's normalizing passenger yields and loads instead, as the industry continues to increase capacity. </p><p>That will be particularly worrying if the decline in Singapore Airlines' ex-fuel costs reverses, affecting operating profit, Choonnawat adds. However, the carrier has a potential tailwind in the recent merger of its associate Vistara with Air India. If the new entity turns a profit, that would be a boost for Singapore Airlines, the analyst says. </p><p>Citi maintains a neutral call on the stock with a target price of S$6.63. Shares are 0.3% lower at S$6.71.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C6L.SI":"新加坡航空公司"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2436930833","content_text":"Singapore Airlines shares are unlikely to get a big boost from its latest results, despite a beat in core earnings, Citi Research analyst Kaseedit Choonnawat writes in a note. Choonnawat thinks investors will focus on the carrier's normalizing passenger yields and loads instead, as the industry continues to increase capacity. That will be particularly worrying if the decline in Singapore Airlines' ex-fuel costs reverses, affecting operating profit, Choonnawat adds. However, the carrier has a potential tailwind in the recent merger of its associate Vistara with Air India. If the new entity turns a profit, that would be a boost for Singapore Airlines, the analyst says. Citi maintains a neutral call on the stock with a target price of S$6.63. Shares are 0.3% lower at S$6.71.","news_type":1},"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":294508681703512,"gmtCreate":1712919871908,"gmtModify":1712919876715,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Next week","listText":"Next week","text":"Next week","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/294508681703512","repostId":"2426208983","repostType":4,"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289329012474144,"gmtCreate":1711671584007,"gmtModify":1711671588101,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/RDDT\">$Reddit(RDDT)$ </a> buy the dip,will shoot up next week","listText":"<a href=\"https://ttm.financial/S/RDDT\">$Reddit(RDDT)$ </a> buy the dip,will shoot up next week","text":"$Reddit(RDDT)$ buy the dip,will shoot up next week","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289329012474144","isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":288430455947288,"gmtCreate":1711427968787,"gmtModify":1711427972533,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Sure or not","listText":"Sure or not","text":"Sure or not","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/288430455947288","repostId":"2422541725","repostType":4,"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":286597773258928,"gmtCreate":1711004866965,"gmtModify":1711004870139,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Roti pranta","listText":"Roti pranta","text":"Roti pranta","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286597773258928","repostId":"2420512719","repostType":4,"repost":{"id":"2420512719","kind":"highlight","pubTimestamp":1710999942,"share":"https://ttm.financial/m/news/2420512719?lang=&edition=fundamental","pubTime":"2024-03-21 13:45","market":"us","language":"en","title":"Tesla’s Trials and Triumphs: Why TSLA Stock Is a Contrarian’s Dream Come True","url":"https://stock-news.laohu8.com/highlight/detail?id=2420512719","media":"InvestorPlace","summary":"Tesla's chief executive is controversial, no doubt about that. Nevertheless, the long-term growth thesis for TSLA stock remains intact.","content":"<html><head></head><body><ul style=\"\"><li><p>One financial strategist is frustrated about <strong>Tesla</strong> (<strong>TSLA</strong>) CEO Elon Musk.</p></li><li><p>On the other hand, a prominent analyst envisions long-term growth for Tesla.</p></li><li><p>Investors should consider buying TSLA stock before it recovers.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7499c9f993101a0e433fb3cf5abf206c\" alt=\"Source: Arina P Habich / Shutterstock.com\" title=\"Source: Arina P Habich / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: Arina P Habich / Shutterstock.com</span></p><p>You can love it or you can hate it. Either way, it’s hard <em>not</em> to have an opinion about electric vehicle manufacturer <strong>Tesla </strong>(NASDAQ:<strong>TSLA</strong>). Currently, the prevailing sentiment is very negative about TSLA stock. If you’re a true contrarian investor, though, then now’s a great time to pick up some Tesla shares.</p><p>Granted, it might be difficult to invest in Tesla with confidence if you’re concerned about the company’s mercurial CEO, Elon Musk. So, you’ll have to weigh the chief executive’s tendencies against the company’s growth potential. In the end, you might be willing to overlook Musk’s eccentricities and allow Tesla stock to have a place in your portfolio.</p><h2 id=\"id_3926037552\">TSLA Stock Is Down, but It’s Not the First Time</h2><p>After starting 2024 at around $250, TSLA stock recently fell to $163 and change. This represents a share-price dip of around 34%.</p><p>There’s a precedent for this type of price action, though. Tesla stock got cut in half in 2022 and hardly anyone was enthusiastic about buying it. Yet, that turned out to be a terrific buying opportunity. You could have bought Tesla shares at the end of 2022 and doubled your money within a year.</p><p>So, the current blood-in-the-streets moment with TSLA stock should appeal to contrarian investors. <strong>Ark Investment Management</strong> CEO Cathie Wood appears to be taking advantage of the situation, as her fund recently purchased 216,682 Tesla shares.</p><p>On the other hand, <strong>Gerber Kawasaki Wealth &amp; Investment Management</strong> CEO Ross Gerber doesn’t seem eager to buy the Tesla stock dip.</p><p>Gerber evidently isn’t full-on bearish, but he wants Musk “just to shut up.” Furthermore, Gerber hopes Tesla will get a “real CEO who’s actually going to help the company” and promote the Tesla “brand in a positive way.”</p><h2 id=\"id_3626218423\">Tesla: Fast-Growing Company vs. Controversial CEO</h2><p>So, should investors dump their TSLA stock if they think Musk is obnoxious? That’s a personal decision that you have to make. However, if you’re willing to focus on the company rather than on Musk’s unusual behavior, then you can still consider taking a share stake in Tesla.</p><p>At least one prominent Wall Street expert seems willing to give Tesla a chance despite the CEO’s quirks. Specifically, Wedbush analyst Daniel Ives recently declared that he’s “firmly in the bull camp on Tesla.”</p><p>I tend to concur with Ives’s argument. He predicted about Tesla, “On the other side of this, this will be a company on its way [to] two and a half, three million units.”</p><p>That’s not an impossible goal. As you may recall, Tesla’s vehicle sales increased by nearly 40% year over year in 2023 to 1.8 million units. You’d be hard-pressed to find another EV-focused automaker that sold anything close to 1.8 million vehicles last year.</p><p>I view Tesla stock as the no-brainer bet for EV-industry investors, and Ives seems to feel the same way. He forecast, “When we look at the next few years, they will gain more share, the leverage will be there, and I believe ultimately numbers, EPS, growth, will come back up.”</p><h2 id=\"id_3670058884\">TSLA Stock Will Recover From Its Drawdown</h2><p>Perhaps it’s understandable if Gerber is frustrated with Musk. However, Tesla is an EV-market juggernaut that sells a lot of units.</p><p>So, are you prepared to look past Musk’s behavior? And, do you agree with Ives that Tesla’s numbers “will come back up?”</p><p>If so, then now’s the right time to invest in Tesla. I view TSLA stock as a buy and expect it to recover fully from the current share-price drawdown. It’s really just a matter of time — and a question of whether you’re willing to tolerate Tesla’s ever-controversial CEO.</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>Tesla’s Trials and Triumphs: Why TSLA Stock Is a Contrarian’s Dream Come True</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’s Trials and Triumphs: Why TSLA Stock Is a Contrarian’s Dream Come True\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-21 13:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/03/teslas-trials-and-triumphs-why-tsla-stock-is-a-contrarians-dream-come-true/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One financial strategist is frustrated about Tesla (TSLA) CEO Elon Musk.On the other hand, a prominent analyst envisions long-term growth for Tesla.Investors should consider buying TSLA stock before ...</p>\n\n<a href=\"https://investorplace.com/2024/03/teslas-trials-and-triumphs-why-tsla-stock-is-a-contrarians-dream-come-true/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","TSLL":"Direxion Daily TSLA Bull 2X Shares","TSLA":"特斯拉","BK4581":"高盛持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4551":"寇图资本持仓","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","BK4527":"明星科技股","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4592":"伊斯兰概念","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4555":"新能源车","LU2063271972.USD":"富兰克林创新领域基金","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4588":"碎股","BK4550":"红杉资本持仓","BK4099":"汽车制造商","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4511":"特斯拉概念","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4574":"无人驾驶"},"source_url":"https://investorplace.com/2024/03/teslas-trials-and-triumphs-why-tsla-stock-is-a-contrarians-dream-come-true/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2420512719","content_text":"One financial strategist is frustrated about Tesla (TSLA) CEO Elon Musk.On the other hand, a prominent analyst envisions long-term growth for Tesla.Investors should consider buying TSLA stock before it recovers.Source: Arina P Habich / Shutterstock.comYou can love it or you can hate it. Either way, it’s hard not to have an opinion about electric vehicle manufacturer Tesla (NASDAQ:TSLA). Currently, the prevailing sentiment is very negative about TSLA stock. If you’re a true contrarian investor, though, then now’s a great time to pick up some Tesla shares.Granted, it might be difficult to invest in Tesla with confidence if you’re concerned about the company’s mercurial CEO, Elon Musk. So, you’ll have to weigh the chief executive’s tendencies against the company’s growth potential. In the end, you might be willing to overlook Musk’s eccentricities and allow Tesla stock to have a place in your portfolio.TSLA Stock Is Down, but It’s Not the First TimeAfter starting 2024 at around $250, TSLA stock recently fell to $163 and change. This represents a share-price dip of around 34%.There’s a precedent for this type of price action, though. Tesla stock got cut in half in 2022 and hardly anyone was enthusiastic about buying it. Yet, that turned out to be a terrific buying opportunity. You could have bought Tesla shares at the end of 2022 and doubled your money within a year.So, the current blood-in-the-streets moment with TSLA stock should appeal to contrarian investors. Ark Investment Management CEO Cathie Wood appears to be taking advantage of the situation, as her fund recently purchased 216,682 Tesla shares.On the other hand, Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber doesn’t seem eager to buy the Tesla stock dip.Gerber evidently isn’t full-on bearish, but he wants Musk “just to shut up.” Furthermore, Gerber hopes Tesla will get a “real CEO who’s actually going to help the company” and promote the Tesla “brand in a positive way.”Tesla: Fast-Growing Company vs. Controversial CEOSo, should investors dump their TSLA stock if they think Musk is obnoxious? That’s a personal decision that you have to make. However, if you’re willing to focus on the company rather than on Musk’s unusual behavior, then you can still consider taking a share stake in Tesla.At least one prominent Wall Street expert seems willing to give Tesla a chance despite the CEO’s quirks. Specifically, Wedbush analyst Daniel Ives recently declared that he’s “firmly in the bull camp on Tesla.”I tend to concur with Ives’s argument. He predicted about Tesla, “On the other side of this, this will be a company on its way [to] two and a half, three million units.”That’s not an impossible goal. As you may recall, Tesla’s vehicle sales increased by nearly 40% year over year in 2023 to 1.8 million units. You’d be hard-pressed to find another EV-focused automaker that sold anything close to 1.8 million vehicles last year.I view Tesla stock as the no-brainer bet for EV-industry investors, and Ives seems to feel the same way. He forecast, “When we look at the next few years, they will gain more share, the leverage will be there, and I believe ultimately numbers, EPS, growth, will come back up.”TSLA Stock Will Recover From Its DrawdownPerhaps it’s understandable if Gerber is frustrated with Musk. However, Tesla is an EV-market juggernaut that sells a lot of units.So, are you prepared to look past Musk’s behavior? And, do you agree with Ives that Tesla’s numbers “will come back up?”If so, then now’s the right time to invest in Tesla. I view TSLA stock as a buy and expect it to recover fully from the current share-price drawdown. It’s really just a matter of time — and a question of whether you’re willing to tolerate Tesla’s ever-controversial CEO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":285585328656696,"gmtCreate":1710729168654,"gmtModify":1710729172156,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Going up very soon","listText":"Going up very soon","text":"Going up very soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/285585328656696","repostId":"2420146681","repostType":4,"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":283652312727760,"gmtCreate":1710289924230,"gmtModify":1710289927646,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Very funny","listText":"Very funny","text":"Very funny","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/283652312727760","repostId":"2419562518","repostType":4,"repost":{"id":"2419562518","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1710288000,"share":"https://ttm.financial/m/news/2419562518?lang=&edition=fundamental","pubTime":"2024-03-13 08:00","market":"us","language":"en","title":"Rumble Shares Jump 18% After Expressing Interest in Acquiring TikTok","url":"https://stock-news.laohu8.com/highlight/detail?id=2419562518","media":"Dow Jones","summary":"Rumble shares rose 18.3% to $7.90 on Tuesday following its expression of interest in taking over TikTok.The stock is down 14% over the past 12 months.Chris Pavlovski, chief executive of the video-sharing site, said Rumble is ready to join a consortium with other parties seeking to acquire and operate TikTok inside the United States in the event that China's ByteDance divests its ownership in the video app.Specifically, Rumble said it's ready to serve as a cloud technology partner. The offer come","content":"<html><head></head><body><p>Rumble shares rose 18.3% to $7.90 on Tuesday following its expression of interest in taking over TikTok.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d7b37077380b6c14c36dc1fd99040b1d\" tg-width=\"840\" tg-height=\"617\"/></p><p>The stock is down 14% over the past 12 months.</p><p>Chris Pavlovski, chief executive of the video-sharing site, said Rumble is ready to join a consortium with other parties seeking to acquire and operate TikTok inside the United States in the event that China&#39;s ByteDance divests its ownership in the video app.</p><p>Specifically, Rumble said it&#39;s ready to serve as a cloud technology partner. The offer comes a day after publicly launching Rumble Cloud, a cloud offering for businesses.</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>Rumble Shares Jump 18% After Expressing Interest in Acquiring TikTok</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\">\nRumble Shares Jump 18% After Expressing Interest in Acquiring TikTok\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\">2024-03-13 08:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Rumble shares rose 18.3% to $7.90 on Tuesday following its expression of interest in taking over TikTok.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d7b37077380b6c14c36dc1fd99040b1d\" tg-width=\"840\" tg-height=\"617\"/></p><p>The stock is down 14% over the past 12 months.</p><p>Chris Pavlovski, chief executive of the video-sharing site, said Rumble is ready to join a consortium with other parties seeking to acquire and operate TikTok inside the United States in the event that China&#39;s ByteDance divests its ownership in the video app.</p><p>Specifically, Rumble said it&#39;s ready to serve as a cloud technology partner. The offer comes a day after publicly launching Rumble Cloud, a cloud offering for businesses.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RUM":"Rumble Inc.","BK4077":"互动媒体与服务"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2419562518","content_text":"Rumble shares rose 18.3% to $7.90 on Tuesday following its expression of interest in taking over TikTok.The stock is down 14% over the past 12 months.Chris Pavlovski, chief executive of the video-sharing site, said Rumble is ready to join a consortium with other parties seeking to acquire and operate TikTok inside the United States in the event that China's ByteDance divests its ownership in the video app.Specifically, Rumble said it's ready to serve as a cloud technology partner. The offer comes a day after publicly launching Rumble Cloud, a cloud offering for businesses.","news_type":1},"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":244101003755744,"gmtCreate":1700619031738,"gmtModify":1700619035911,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Hope everyone huat big big","listText":"Hope everyone huat big big","text":"Hope everyone huat big big","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244101003755744","repostId":"2385352509","repostType":2,"repost":{"id":"2385352509","kind":"highlight","pubTimestamp":1700617393,"share":"https://ttm.financial/m/news/2385352509?lang=&edition=fundamental","pubTime":"2023-11-22 09:43","market":"sg","language":"en","title":"DBS, UOB and OCBC: Which of These 3 Banks Should You Pick?","url":"https://stock-news.laohu8.com/highlight/detail?id=2385352509","media":"The Smart Investor","summary":"We review and compare the trio of local banks to see which is the most attractive.","content":"<html><head></head><body><p>The final earnings season of the year is wrapping up.</p><p>All three local banks have reported solid sets of earnings as their business is buoyed by the current high interest rate environment.</p><p><a href=\"https://laohu8.com/S/D05.SI\">DBS Group</a> reported a record total income of S$15.2 billion for the first nine months of 2023 (9M 2023) while <a href=\"https://laohu8.com/S/U11.SI\">United Overseas Bank </a>, or UOB, saw its total income for the same period jump 28% year on year to S$10.5 billion.</p><p>Not to be outdone, <a href=\"https://laohu8.com/S/O39.SI\">OCBC Ltd</a> total income climbed 24% year on year for 9M 2023 to S$10.2 billion.</p><p>With these sets of robust results, investors may be wondering which bank offers the best value.</p><p>We look at different aspects of all three banks to try to determine this.</p><h2 id=\"id_3784115944\">Financials</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/76e691a22aa3e14ba665ea925fdb1d9f\" tg-width=\"797\" tg-height=\"275\"/></p><p>Starting with financials, we see that DBS reported the highest year-on-year increase in total income among the trio for the quarter.</p><p>Singapore’s largest bank enjoyed a 23% year-on-year rise in net interest income while fee and commission income also climbed by 9% year on year.</p><p>However, OCBC reported a slightly better year-on-year increase in profit before allowances of 19.2% versus DBS’s 18.3%.</p><p>Flowing through to the net profit line, OCBC saw the highest year-on-year increase with 21.4% with DBS coming in second at 16%.</p><p>Investors should note that both DBS and UOB reported a one-time expense relating to the integration of their respective purchases of <strong>Citigroup’s</strong> (NYSE: C) consumer banking business.</p><p>Excluding this one-off item, DBS’s net profit would have risen by 18% year on year while UOB’s net profit would have increased by 5% year on year instead of dipping.</p><p><strong>Winner: OCBC</strong></p><h2 id=\"id_3405819903\">Loans and NIMs</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd73137919640c4ea36a34bd5c1ed2dc\" tg-width=\"798\" tg-height=\"305\"/></p><p>Moving on to each bank’s loan book and net interest margin (NIM), we see that all three banks saw their loan numbers dip year on year.</p><p>The surge in interest rates could be responsible for the weak showing in loan growth.</p><p>However, all three banks made up for this with higher year-on-year NIMs.</p><p>OCBC’s NIM was the highest for 3Q 2023 at 2.27% but DBS saw the sharpest year-on-year NIM increase at 0.29 percentage points.</p><p>Both DBS and OCBC also enjoyed quarter-on-quarter growth in NIMs but UOB’s NIM fell by 0.03 percentage points from 2Q 2023.</p><p>OCBC is the winner in this category as its loan growth decline was less than DBS’s while its NIM was the highest among the three banks.</p><p><strong>Winner: OCBC</strong></p><h2 id=\"id_153370183\">Cost-to-Income ratio (CIR)</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3552be75fb629a6668360ccf423c6d53\" tg-width=\"797\" tg-height=\"216\"/></p><p>Cost-to-income ratio, or CIR, is the next category we looked at.</p><p>The lower a bank’s CIR, the more efficient its operations.</p><p>OCBC has the lowest CIR for 3Q 2023, edging out DBS which won with the lowest CIR in the previous quarter (2Q 2023).</p><p>OCBC also saw the best improvement in its CIR with a 3.1 percentage point year-on-year reduction compared with DBS’s 1.3 percentage point year-on-year decline.</p><p><strong>Winner: OCBC</strong></p><h2 id=\"id_3683619890\">Return on equity (ROE)</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f027a25584e5b465c363749511c88f35\" tg-width=\"797\" tg-height=\"217\"/></p><p>Moving on to ROE, DBS is the hands-down winner with the highest ROE among the three for 3Q 2023.</p><p>It has also maintained this record in the previous quarter as well as in 3Q 2022.</p><p><strong>Winner: DBS</strong></p><h2 id=\"id_2784056046\">Non-performing loans ratio (NPL ratio)</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3c610db722c4b2913777b15f3bcc64e7\" tg-width=\"797\" tg-height=\"217\"/></p><p>For the NPL ratio, OCBC boasts the lowest of the trio at 1% for 3Q 2023.</p><p>The lender saw a slight improvement over the 1.1% in 2Q 2023 and it was also a decline from the 1.2% reported a year ago.</p><p>DBS, however, saw its NPL ratio rise slightly as it had around S$100 million of exposure to Singapore’s landmark S$2.8 billion money laundering case and made provisions for this exposure accordingly.</p><p><strong>Winner: OCBC</strong></p><h2 id=\"id_2274823155\">Valuation</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b1c343371adcc372a43b5a5ba084da25\" tg-width=\"796\" tg-height=\"216\"/></p><p>Finally, we arrive at the valuation section where we determine which of the banks are the cheapest.</p><p>UOB wins in this case with a price-to-book (P/B) ratio of 1.1 times.</p><p>DBS is the most expensive of the trio with a P/B of 1.45 times while OCBC’s P/B stood at 1.14 times.</p><p><strong>Winner: UOB</strong></p><h2 id=\"id_2393475417\">Get Smart: OCBC emerges the winner</h2><p>In the previous quarter, both DBS and OCBC were tied with three winning factors each.</p><p>For 3Q 2023, the decision is clearer with OCBC emerging the winner by bagging four out of the six categories.</p><p>All three banks, however, sounded a cautious note as loan growth may remain tepid.</p><p>High interest rates are expected to persist which should continue to benefit the trio in 2024.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DBS, UOB and OCBC: Which of These 3 Banks Should You Pick?</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\">\nDBS, UOB and OCBC: Which of These 3 Banks Should You Pick?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-22 09:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/dbs-uob-and-ocbc-which-of-these-3-banks-should-you-pick/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The final earnings season of the year is wrapping up.All three local banks have reported solid sets of earnings as their business is buoyed by the current high interest rate environment.DBS Group ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/dbs-uob-and-ocbc-which-of-these-3-banks-should-you-pick/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股","U11.SI":"大华银行","O39.SI":"华侨银行"},"source_url":"https://thesmartinvestor.com.sg/dbs-uob-and-ocbc-which-of-these-3-banks-should-you-pick/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2385352509","content_text":"The final earnings season of the year is wrapping up.All three local banks have reported solid sets of earnings as their business is buoyed by the current high interest rate environment.DBS Group reported a record total income of S$15.2 billion for the first nine months of 2023 (9M 2023) while United Overseas Bank , or UOB, saw its total income for the same period jump 28% year on year to S$10.5 billion.Not to be outdone, OCBC Ltd total income climbed 24% year on year for 9M 2023 to S$10.2 billion.With these sets of robust results, investors may be wondering which bank offers the best value.We look at different aspects of all three banks to try to determine this.FinancialsStarting with financials, we see that DBS reported the highest year-on-year increase in total income among the trio for the quarter.Singapore’s largest bank enjoyed a 23% year-on-year rise in net interest income while fee and commission income also climbed by 9% year on year.However, OCBC reported a slightly better year-on-year increase in profit before allowances of 19.2% versus DBS’s 18.3%.Flowing through to the net profit line, OCBC saw the highest year-on-year increase with 21.4% with DBS coming in second at 16%.Investors should note that both DBS and UOB reported a one-time expense relating to the integration of their respective purchases of Citigroup’s (NYSE: C) consumer banking business.Excluding this one-off item, DBS’s net profit would have risen by 18% year on year while UOB’s net profit would have increased by 5% year on year instead of dipping.Winner: OCBCLoans and NIMsMoving on to each bank’s loan book and net interest margin (NIM), we see that all three banks saw their loan numbers dip year on year.The surge in interest rates could be responsible for the weak showing in loan growth.However, all three banks made up for this with higher year-on-year NIMs.OCBC’s NIM was the highest for 3Q 2023 at 2.27% but DBS saw the sharpest year-on-year NIM increase at 0.29 percentage points.Both DBS and OCBC also enjoyed quarter-on-quarter growth in NIMs but UOB’s NIM fell by 0.03 percentage points from 2Q 2023.OCBC is the winner in this category as its loan growth decline was less than DBS’s while its NIM was the highest among the three banks.Winner: OCBCCost-to-Income ratio (CIR)Cost-to-income ratio, or CIR, is the next category we looked at.The lower a bank’s CIR, the more efficient its operations.OCBC has the lowest CIR for 3Q 2023, edging out DBS which won with the lowest CIR in the previous quarter (2Q 2023).OCBC also saw the best improvement in its CIR with a 3.1 percentage point year-on-year reduction compared with DBS’s 1.3 percentage point year-on-year decline.Winner: OCBCReturn on equity (ROE)Moving on to ROE, DBS is the hands-down winner with the highest ROE among the three for 3Q 2023.It has also maintained this record in the previous quarter as well as in 3Q 2022.Winner: DBSNon-performing loans ratio (NPL ratio)For the NPL ratio, OCBC boasts the lowest of the trio at 1% for 3Q 2023.The lender saw a slight improvement over the 1.1% in 2Q 2023 and it was also a decline from the 1.2% reported a year ago.DBS, however, saw its NPL ratio rise slightly as it had around S$100 million of exposure to Singapore’s landmark S$2.8 billion money laundering case and made provisions for this exposure accordingly.Winner: OCBCValuationFinally, we arrive at the valuation section where we determine which of the banks are the cheapest.UOB wins in this case with a price-to-book (P/B) ratio of 1.1 times.DBS is the most expensive of the trio with a P/B of 1.45 times while OCBC’s P/B stood at 1.14 times.Winner: UOBGet Smart: OCBC emerges the winnerIn the previous quarter, both DBS and OCBC were tied with three winning factors each.For 3Q 2023, the decision is clearer with OCBC emerging the winner by bagging four out of the six categories.All three banks, however, sounded a cautious note as loan growth may remain tepid.High interest rates are expected to persist which should continue to benefit the trio in 2024.","news_type":1},"isVote":1,"tweetType":1,"viewCount":598,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":233961818632200,"gmtCreate":1698128404520,"gmtModify":1698128408741,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"UOB should outperformed this round","listText":"UOB should outperformed this round","text":"UOB should outperformed this round","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/233961818632200","repostId":"2377755051","repostType":2,"repost":{"id":"2377755051","kind":"highlight","pubTimestamp":1698051244,"share":"https://ttm.financial/m/news/2377755051?lang=&edition=fundamental","pubTime":"2023-10-23 16:54","market":"sg","language":"en","title":"DBS Vs OCBC: Which Bank Will Perform Better in 3Q23?","url":"https://stock-news.laohu8.com/highlight/detail?id=2377755051","media":"Sbr.com","summary":"\nBoth banks are expected to post year-on-year growths during the quarter.\n","content":"<html><head></head><body><div>\n<p><strong>Both banks are expected to post year-on-year growths during the quarter.</strong></p>\n<p>Major banks, DBS and OCBC are expected to deliver better earnings in 3Q23, powered by healthy YoY growth in net interest income, modest QoQ recovery in wealth management and disciplined cost containment.</p>\n<p>Comparing the two banks, DBS is likely to post a higher net profit of $2.5b in 3Q23. The expected profit translates to a 13% YoY increase, but a 4% QoQ drop.</p>\n<p>“The sequential uptick in net interest margin (NIM) and fees was offset by credit costs normalising higher,” UOB Kay Hian said.</p>\n<p>OCBC, on the other hand, is likely to record a 7% YoY and 1% QoQ growth in its net profit. UOB Kay Hian predicts the bank to record a net profit of $1.7b in 3Q23.</p>\n<p>“On a YoY basis, healthy growth in net interest income was partially offset by lower contribution from insurance and higher credit costs,” UOB Kay Hian.</p>\n<p>Looking at the resiliency of the bank’s net interest margin (NIM), UOB Kay Hian expects a muted loan growth of 0.2% QoQ in 3Q23 for DBS due to “weakness in non-trade corporate loans.”</p>\n<p>“NIM expansion was moderated by the outflow of Current Account and Savings Account (CASA) in Singapore and moderation of  Hong Kong Interbank Offered Rate (HIBOR) in Hong Kong during August and September,” UOB Kay Hian said.</p>\n<p>UOB Kay Hian also expects a muted loan growth of 0.2% QoQ in 3Q23 for OCBC  “as corporate customers are cautious on business expansion and trade loans remain weak.”</p>\n<p>“We expect NIM to expand by 20bp YoY but remain flat QoQ at 2.26%. Compounded Singapore Overnight Rate Average (SORA) <a href=\"https://laohu8.com/S/MMM\">3M</a> inched marginally higher by 7bp to 3.71% in 3Q23 despite a 25bp hike in the Fed funds rate to 5.25% in July 2023,” UOB Kay Hian said.</p>\n<p>In terms of asset quality, UOB Kay Hian said DBS’s remains benign, whilst OCBC’s remains stable.</p>\n<p>Commenting on DBS, UOB Kay Hian said: “We expect non-performing loans (NPL) formation to remain benign and NPL ratio to be stable at 1.1%. DBS has accumulated ample management overlay for general provisions of S$2.1b set aside previously during the COVID-19 pandemic. We expect total provisions of $180m and credit cost of 17bp in 3Q23.”</p>\n<p>On OCBC, UOB Kay Hian said: “We expect the NPL ratio to be stable at 1.1%. OCBC is expected to review its macroeconomic variable (MEV) model for general provisions due to heightened geopolitical tensions caused by conflict in the Middle East. We have factored in credit costs of 25bp in 3Q23, which is higher than management’s guidance of 15-20bp for 2023.”</p>\n</div></body></html>","source":"sgbusiess_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>DBS Vs OCBC: Which Bank Will Perform Better in 3Q23?</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\">\nDBS Vs OCBC: Which Bank Will Perform Better in 3Q23?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-23 16:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sbr.com.sg/financial-services/news/dbs-vs-ocbc-which-bank-will-perform-better-in-3q23><strong>Sbr.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Both banks are expected to post year-on-year growths during the quarter.\nMajor banks, DBS and OCBC are expected to deliver better earnings in 3Q23, powered by healthy YoY growth in net interest income...</p>\n\n<a href=\"https://sbr.com.sg/financial-services/news/dbs-vs-ocbc-which-bank-will-perform-better-in-3q23\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","O39.SI":"华侨银行","D05.SI":"星展集团控股"},"source_url":"https://sbr.com.sg/financial-services/news/dbs-vs-ocbc-which-bank-will-perform-better-in-3q23","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2377755051","content_text":"Both banks are expected to post year-on-year growths during the quarter.\nMajor banks, DBS and OCBC are expected to deliver better earnings in 3Q23, powered by healthy YoY growth in net interest income, modest QoQ recovery in wealth management and disciplined cost containment.\nComparing the two banks, DBS is likely to post a higher net profit of $2.5b in 3Q23. The expected profit translates to a 13% YoY increase, but a 4% QoQ drop.\n“The sequential uptick in net interest margin (NIM) and fees was offset by credit costs normalising higher,” UOB Kay Hian said.\nOCBC, on the other hand, is likely to record a 7% YoY and 1% QoQ growth in its net profit. UOB Kay Hian predicts the bank to record a net profit of $1.7b in 3Q23.\n“On a YoY basis, healthy growth in net interest income was partially offset by lower contribution from insurance and higher credit costs,” UOB Kay Hian.\nLooking at the resiliency of the bank’s net interest margin (NIM), UOB Kay Hian expects a muted loan growth of 0.2% QoQ in 3Q23 for DBS due to “weakness in non-trade corporate loans.”\n“NIM expansion was moderated by the outflow of Current Account and Savings Account (CASA) in Singapore and moderation of  Hong Kong Interbank Offered Rate (HIBOR) in Hong Kong during August and September,” UOB Kay Hian said.\nUOB Kay Hian also expects a muted loan growth of 0.2% QoQ in 3Q23 for OCBC  “as corporate customers are cautious on business expansion and trade loans remain weak.”\n“We expect NIM to expand by 20bp YoY but remain flat QoQ at 2.26%. Compounded Singapore Overnight Rate Average (SORA) 3M inched marginally higher by 7bp to 3.71% in 3Q23 despite a 25bp hike in the Fed funds rate to 5.25% in July 2023,” UOB Kay Hian said.\nIn terms of asset quality, UOB Kay Hian said DBS’s remains benign, whilst OCBC’s remains stable.\nCommenting on DBS, UOB Kay Hian said: “We expect non-performing loans (NPL) formation to remain benign and NPL ratio to be stable at 1.1%. DBS has accumulated ample management overlay for general provisions of S$2.1b set aside previously during the COVID-19 pandemic. We expect total provisions of $180m and credit cost of 17bp in 3Q23.”\nOn OCBC, UOB Kay Hian said: “We expect the NPL ratio to be stable at 1.1%. OCBC is expected to review its macroeconomic variable (MEV) model for general provisions due to heightened geopolitical tensions caused by conflict in the Middle East. We have factored in credit costs of 25bp in 3Q23, which is higher than management’s guidance of 15-20bp for 2023.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":545,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":233634017816640,"gmtCreate":1698068487882,"gmtModify":1698068492097,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Buy the dip","listText":"Buy the dip","text":"Buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/233634017816640","repostId":"1118323341","repostType":2,"repost":{"id":"1118323341","kind":"news","pubTimestamp":1698032700,"share":"https://ttm.financial/m/news/1118323341?lang=&edition=fundamental","pubTime":"2023-10-23 11:45","market":"us","language":"en","title":"Elon Musk's Finances Risk Tesla's Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1118323341","media":"Ticker News","summary":"Amid the whirlwind of Elon Musk’s various ventures, it’s easy to forget that Tesla plays a pivotal role in financing the Musk empire.Tesla, the world’s largest electric car manufacturer, is the drivin","content":"<html><head></head><body><p>Amid the whirlwind of Elon Musk’s various ventures, it’s easy to forget that Tesla plays a pivotal role in financing the Musk empire.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0543ab5441aadd5fd21451f28eafcf25\" tg-width=\"2560\" tg-height=\"1707\"/></p><p style=\"text-align: start;\">Tesla, the world’s largest electric car manufacturer, is the driving force behind Musk’s status as the world’s wealthiest individual, with a net worth exceeding $200 billion, at least as of the current moment.</p><p style=\"text-align: start;\">However, there’s a caveat to this lofty position.</p><p style=\"text-align: start;\">In the near future, Musk might find himself surpassed by Bernard Arnault, the head of LVMH luxury goods empire, or even Amazon’s founder, Jeff Bezos.</p><p style=\"text-align: start;\">Musk wears multiple hats as Tesla’s CEO and largest shareholder, and it’s this latter role that casts a shadow on his billionaire status.</p><p style=\"text-align: start;\">Tesla has recently encountered a rough patch, leading to a decrease in its stock price. The state of Tesla’s fortunes, as well as its impact on Musk’s wealth and the future of the company, has sparked vigorous debate within the financial market.</p><p style=\"text-align: start;\">While there remains a strong fan base for Musk and Tesla, it’s becoming increasingly tempting to entertain the “bear” case against Tesla. Over the past month, Tesla’s stock has experienced a 17% decline, a stark contrast to the S&amp;P’s 2.4% dip.</p><p style=\"text-align: start;\">The situation worsened when Musk publicly acknowledged significant challenges in Tesla’s business model, causing a further drop in the company’s stock value.</p><p style=\"text-align: start;\">One key issue is the lackluster performance of Tesla’s new “Cybertruck.” Despite maintaining profitability (which wasn’t always the case), Tesla missed its earnings and revenue targets. Additionally, some analysts report diminishing profit margins.</p><h2 id=\"id_300251037\" style=\"text-align: start;\">Expansion plans</h2><p style=\"text-align: start;\">Tesla has expansion plans, including a new factory in Mexico. However, these endeavors are unfolding in an environment of rising interest rates, which could lead to reduced demand for its products, given that, for many consumers, a car purchase is influenced by monthly payments. As interest rates climb, the proportion of these payments allocated to interest naturally increases, as Musk has pointed out.</p><p style=\"text-align: start;\">This situation bears a resemblance to Tesla’s precarious financial position in 2018 when the company was on the verge of bankruptcy, leading to a decline in its stock price and an onslaught of short-sellers. While Tesla’s revenues appear robust, supporters of the company’s bullish narrative must also suspend disbelief.</p><p style=\"text-align: start;\">Electric vehicles (EVs) are expensive and, in many cases, inefficient. Tesla has expressed its readiness to reduce prices to make EVs more affordable for the middle class. Furthermore, some analysts are beginning to question the sustainability of EVs in an Environmental Social Governance (ESG) context.</p><p style=\"text-align: start;\">Tesla’s market success has been tied not only to its sales but also to the ESG investment trend, where companies are evaluated based on non-financial metrics, such as sustainability. Critics argue that the mining of battery chemicals poses environmental risks, while the source of electricity for EV charging remains primarily reliant on traditional, non-renewable energy sources.</p><h2 id=\"id_3800663701\" style=\"text-align: start;\">High inflation</h2><p style=\"text-align: start;\">The ESG movement is under scrutiny, with some attributing it to higher inflation and questionable fund returns. As ESG’s popularity wanes, Tesla’s stock could face downward pressure.</p><p style=\"text-align: start;\">Furthermore, Tesla’s fundamentals have come under scrutiny. Critics like Gordon Johnson, CEO of GLJ Research, argue that Tesla’s financial metrics appear increasingly questionable, even before recent controversies. Sales growth has been on a declining trajectory, with Tesla producing fewer cars in the third quarter of 2023 compared to the second quarter.</p><p style=\"text-align: start;\">Although Tesla’s market capitalization is higher than the combined value of the seven largest automakers, the company’s share of the overall car market remains modest, selling just 3.9% of the total cars sold by these automakers over the past year.</p><p style=\"text-align: start;\">While it’s premature to suggest that Tesla is heading for insolvency, there are growing concerns that the company’s valuation is out of sync with its financial realities. If this is the case, it could also call into question Musk’s position as the world’s richest individual.</p><p style=\"text-align: start;\">In conclusion, Tesla’s recent challenges and uncertain prospects have raised significant questions about its financial health and its impact on Elon Musk’s standing in the billionaire ranks.</p></body></html>","source":"lsy1698032582563","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>Elon Musk's Finances Risk Tesla's Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk's Finances Risk Tesla's Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-23 11:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://tickernews.co/elon-musks-finances-risk-teslas-stock/><strong>Ticker News</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amid the whirlwind of Elon Musk’s various ventures, it’s easy to forget that Tesla plays a pivotal role in financing the Musk empire.Tesla, the world’s largest electric car manufacturer, is the ...</p>\n\n<a href=\"https://tickernews.co/elon-musks-finances-risk-teslas-stock/\">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://tickernews.co/elon-musks-finances-risk-teslas-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118323341","content_text":"Amid the whirlwind of Elon Musk’s various ventures, it’s easy to forget that Tesla plays a pivotal role in financing the Musk empire.Tesla, the world’s largest electric car manufacturer, is the driving force behind Musk’s status as the world’s wealthiest individual, with a net worth exceeding $200 billion, at least as of the current moment.However, there’s a caveat to this lofty position.In the near future, Musk might find himself surpassed by Bernard Arnault, the head of LVMH luxury goods empire, or even Amazon’s founder, Jeff Bezos.Musk wears multiple hats as Tesla’s CEO and largest shareholder, and it’s this latter role that casts a shadow on his billionaire status.Tesla has recently encountered a rough patch, leading to a decrease in its stock price. The state of Tesla’s fortunes, as well as its impact on Musk’s wealth and the future of the company, has sparked vigorous debate within the financial market.While there remains a strong fan base for Musk and Tesla, it’s becoming increasingly tempting to entertain the “bear” case against Tesla. Over the past month, Tesla’s stock has experienced a 17% decline, a stark contrast to the S&P’s 2.4% dip.The situation worsened when Musk publicly acknowledged significant challenges in Tesla’s business model, causing a further drop in the company’s stock value.One key issue is the lackluster performance of Tesla’s new “Cybertruck.” Despite maintaining profitability (which wasn’t always the case), Tesla missed its earnings and revenue targets. Additionally, some analysts report diminishing profit margins.Expansion plansTesla has expansion plans, including a new factory in Mexico. However, these endeavors are unfolding in an environment of rising interest rates, which could lead to reduced demand for its products, given that, for many consumers, a car purchase is influenced by monthly payments. As interest rates climb, the proportion of these payments allocated to interest naturally increases, as Musk has pointed out.This situation bears a resemblance to Tesla’s precarious financial position in 2018 when the company was on the verge of bankruptcy, leading to a decline in its stock price and an onslaught of short-sellers. While Tesla’s revenues appear robust, supporters of the company’s bullish narrative must also suspend disbelief.Electric vehicles (EVs) are expensive and, in many cases, inefficient. Tesla has expressed its readiness to reduce prices to make EVs more affordable for the middle class. Furthermore, some analysts are beginning to question the sustainability of EVs in an Environmental Social Governance (ESG) context.Tesla’s market success has been tied not only to its sales but also to the ESG investment trend, where companies are evaluated based on non-financial metrics, such as sustainability. Critics argue that the mining of battery chemicals poses environmental risks, while the source of electricity for EV charging remains primarily reliant on traditional, non-renewable energy sources.High inflationThe ESG movement is under scrutiny, with some attributing it to higher inflation and questionable fund returns. As ESG’s popularity wanes, Tesla’s stock could face downward pressure.Furthermore, Tesla’s fundamentals have come under scrutiny. Critics like Gordon Johnson, CEO of GLJ Research, argue that Tesla’s financial metrics appear increasingly questionable, even before recent controversies. Sales growth has been on a declining trajectory, with Tesla producing fewer cars in the third quarter of 2023 compared to the second quarter.Although Tesla’s market capitalization is higher than the combined value of the seven largest automakers, the company’s share of the overall car market remains modest, selling just 3.9% of the total cars sold by these automakers over the past year.While it’s premature to suggest that Tesla is heading for insolvency, there are growing concerns that the company’s valuation is out of sync with its financial realities. If this is the case, it could also call into question Musk’s position as the world’s richest individual.In conclusion, Tesla’s recent challenges and uncertain prospects have raised significant questions about its financial health and its impact on Elon Musk’s standing in the billionaire ranks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":480,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":229148821065976,"gmtCreate":1696983554905,"gmtModify":1696983560220,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Flying soon","listText":"Flying soon","text":"Flying soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/229148821065976","repostId":"1111465938","repostType":4,"repost":{"id":"1111465938","kind":"news","pubTimestamp":1696980980,"share":"https://ttm.financial/m/news/1111465938?lang=&edition=fundamental","pubTime":"2023-10-11 07:36","market":"us","language":"en","title":"Tesla Model Y Crosses 2 Million Sales Milestone, Poised To Outsell Model 3 As Bestselling EV","url":"https://stock-news.laohu8.com/highlight/detail?id=1111465938","media":"Benzinga","summary":"ZINGER KEY POINTSTesla unveiled the Model Y in 2019 and had deliveries of the vehicle in March 2020.A look at an impressive milestone hit by the Tesla vehicle.Electric vehicle leader Tesla Inc has dom","content":"<html><head></head><body><h4 id=\"id_236150198\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p><strong>Tesla unveiled the Model Y in 2019 and had deliveries of the vehicle in March 2020.</strong></p></li><li><p><strong>A look at an impressive milestone hit by the Tesla vehicle.</strong></p></li></ul><p>Electric vehicle leader <strong>Tesla Inc </strong>has dominated the automotive sector when it comes toelectric vehicle production and sales.</p><p style=\"text-align: start;\">The company just passed an impressive milestone according to a new report.</p><p style=\"text-align: start;\"><strong>What Happened</strong>: Released in March 2020, the Tesla Model Y is now one of the bestselling electric vehicles in the world. Not only is the Tesla vehicle a top-selling electric car, but it also ranks among the world&#39;s best-selling vehicles, irrespective of its electric nature.</p><p style=\"text-align: start;\">A new report shared by CleanTechnica says the Model Y recently passed the two million unit sales milestone in just three and a half years, a remarkable achievement for any vehicle.</p><p style=\"text-align: start;\">The report comes thanks to a user who tracked cumulative sales of the Model Y that are shared by Tesla each quarter. Adding up all the reports lands on a total of 2.16 million sales of the Model Y since its inception, which places it narrowly behind the Model 3 at 2.20 million sales.</p><p style=\"text-align: start;\">This means the Model Y could pass the Model 3 in the current fourth quarter and become the bestselling electric vehicle of all time.</p><p><strong>Why It’s Important:</strong> The latest milestone from Tesla could continue to show its dominance in the electric vehicle sector.</p><p style=\"text-align: start;\">Most of the company&#39;s rivals and traditional automakers would be happy to be at two million total units sold. Tesla has multiple models that have hit this milestone and the EV maker shows no signs of slowing down.</p><p style=\"text-align: start;\">Tesla is guiding to 1.8 million units sold for the full fiscal year. Over the long term, Tesla’s goal is 50% annual production growth. A target of 1.8 million vehicles in 2023 would put the company ahead of this milestone for the full year.</p><p>Tesla CEO<strong> Elon Musk</strong> previously said the company could get close to hitting two million units sold for the 2023 fiscal year.</p><p style=\"text-align: start;\">Outside of the Model Y, Tesla may have its next bestseller coming soon, with the highly anticipated Cybertruck electric pickup nearing its delivery milestone.</p><p style=\"text-align: start;\">First unveiled in November 2019, the Cybertruck has been highly anticipated, and third-party estimates show around two million reservations</p><p style=\"text-align: start;\">Musk has cautioned against having overly high expectations for the Cybertruck&#39;s 2023 unit figures, emphasizing that 2024 will be the pivotal year for the company&#39;s volume production.</p><p style=\"text-align: start;\"><strong>TSLA Price Action: </strong>Tesla shares closed at $263.62 Tuesday compared to a 52-week trading range of $101.81 to $299.29.</p></body></html>","source":"lsy1606299360108","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 Model Y Crosses 2 Million Sales Milestone, Poised To Outsell Model 3 As Bestselling EV</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 Model Y Crosses 2 Million Sales Milestone, Poised To Outsell Model 3 As Bestselling EV\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-11 07:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/23/10/35170280/tesla-model-y-crosses-2-million-sales-milestone-poised-to-outsell-model-3-as-bestselling-ev><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSTesla unveiled the Model Y in 2019 and had deliveries of the vehicle in March 2020.A look at an impressive milestone hit by the Tesla vehicle.Electric vehicle leader Tesla Inc has ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/23/10/35170280/tesla-model-y-crosses-2-million-sales-milestone-poised-to-outsell-model-3-as-bestselling-ev\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLL":"Direxion Daily TSLA Bull 2X Shares","TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/trading-ideas/23/10/35170280/tesla-model-y-crosses-2-million-sales-milestone-poised-to-outsell-model-3-as-bestselling-ev","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111465938","content_text":"ZINGER KEY POINTSTesla unveiled the Model Y in 2019 and had deliveries of the vehicle in March 2020.A look at an impressive milestone hit by the Tesla vehicle.Electric vehicle leader Tesla Inc has dominated the automotive sector when it comes toelectric vehicle production and sales.The company just passed an impressive milestone according to a new report.What Happened: Released in March 2020, the Tesla Model Y is now one of the bestselling electric vehicles in the world. Not only is the Tesla vehicle a top-selling electric car, but it also ranks among the world's best-selling vehicles, irrespective of its electric nature.A new report shared by CleanTechnica says the Model Y recently passed the two million unit sales milestone in just three and a half years, a remarkable achievement for any vehicle.The report comes thanks to a user who tracked cumulative sales of the Model Y that are shared by Tesla each quarter. Adding up all the reports lands on a total of 2.16 million sales of the Model Y since its inception, which places it narrowly behind the Model 3 at 2.20 million sales.This means the Model Y could pass the Model 3 in the current fourth quarter and become the bestselling electric vehicle of all time.Why It’s Important: The latest milestone from Tesla could continue to show its dominance in the electric vehicle sector.Most of the company's rivals and traditional automakers would be happy to be at two million total units sold. Tesla has multiple models that have hit this milestone and the EV maker shows no signs of slowing down.Tesla is guiding to 1.8 million units sold for the full fiscal year. Over the long term, Tesla’s goal is 50% annual production growth. A target of 1.8 million vehicles in 2023 would put the company ahead of this milestone for the full year.Tesla CEO Elon Musk previously said the company could get close to hitting two million units sold for the 2023 fiscal year.Outside of the Model Y, Tesla may have its next bestseller coming soon, with the highly anticipated Cybertruck electric pickup nearing its delivery milestone.First unveiled in November 2019, the Cybertruck has been highly anticipated, and third-party estimates show around two million reservationsMusk has cautioned against having overly high expectations for the Cybertruck's 2023 unit figures, emphasizing that 2024 will be the pivotal year for the company's volume production.TSLA Price Action: Tesla shares closed at $263.62 Tuesday compared to a 52-week trading range of $101.81 to $299.29.","news_type":1},"isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224404040278096,"gmtCreate":1695795069204,"gmtModify":1695795073696,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Very funny","listText":"Very funny","text":"Very funny","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/224404040278096","repostId":"2370717208","repostType":4,"repost":{"id":"2370717208","kind":"highlight","pubTimestamp":1695793528,"share":"https://ttm.financial/m/news/2370717208?lang=&edition=fundamental","pubTime":"2023-09-27 13:45","market":"us","language":"en","title":"2 Top AI Stocks Ready for a Bull Run","url":"https://stock-news.laohu8.com/highlight/detail?id=2370717208","media":"Motley Fool","summary":"The share prices of these companies could get a big boost thanks to the booming demand for AI chips.","content":"<html><head></head><body><p>Semiconductor stocks have mostly been on fire on the market in 2023, which is evident from the impressive 33% surge in the <strong>PHLX Semiconductor Sector</strong> index so far this year. A key reason why the market is upbeat about this sector is enthusiasm over the potential of artificial intelligence (AI) to boost chip sales.</p><p>AI turned out to be an important growth driver for semiconductor companies as this technology requires powerful processors, more storage, and faster memory, among other things. <strong>Nvidia</strong>, for instance, is a big beneficiary of the booming AI-driven chip demand as the tech giant&#39;s recent results tell us. However, Nvidia isn&#39;t the only company that stands to gain from AI.</p><p>The likes of <a href=\"https://laohu8.com/S/MU\">Micron Technology</a> and <a href=\"https://laohu8.com/S/MRVL\">Marvell Technology</a> also provide critical building blocks for AI infrastructure, and the good part is that they can be bought at attractive valuations right now. Let&#39;s look at the reasons why AI could turn out to be a catalyst for these two chip stocks.</p><h2 id=\"id_3772423682\">1. <a href=\"https://laohu8.com/S/MU\">Micron Technology</a></h2><p>Micron Technology stock is up 37% so far in 2023, driven mainly by the belief that AI could give the weak memory market a shot in the arm. It is worth noting that Micron&#39;s revenue and earnings have declined steeply in recent quarters as memory demand has dried up on account of weak demand from computers and smartphones. The lack of demand has caused an oversupply and led to a sharp fall in the prices of memory chips.</p><p>All this explains why Micron&#39;s revenue in the recently concluded fiscal year 2023 is expected to drop in half from the prior-year period to $15.4 billion. The chipmaker is expected to report a loss of $4.55 per share as compared to a profit of $8.35 per share in the previous fiscal year. However, <strong>Deutsche Bank</strong> analyst Sidney Ho forecasts that the worst could be over for Micron.</p><p>Ho says that the inventory correction in the memory market is nearly over thanks to the production cuts instituted by the likes of Micron and other players in the industry. The analyst adds that AI servers are driving stronger memory demand.</p><p>Ho believes that the recent uptick in the prices of dynamic random access memory (DRAM) could gain further momentum over the next couple of quarters, allowing Micron to deliver stronger-than-expected revenue and earnings estimates for the first quarter of fiscal 2024. The analyst increased the price target for Micron to $85 from $65, which points toward a 23% jump from current levels.</p><p>Market research firm <strong>Gartner</strong> forecasts that the memory industry could rebound big time in 2024 with an estimated revenue jump of 70%. That would be a big turnaround as compared to this year&#39;s estimated decline of 35%. AI is likely to play a central role in this turnaround. According to Micron, &#34;AI servers have six to eight times the DRAM content of a regular server and three times the NAND content.&#34;</p><p>With the AI server market&#39;s revenue expected to jump a whopping fivefold in the next four years -- increasing from $30 billion in 2023 to $150 billion in 2027 -- as per Foxconn, Micron is sitting on a secular-growth opportunity thanks to AI. So, it is not surprising to see analysts forecasting a significant jump in Micron&#39;s revenue from fiscal 2024.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d5f1f8b02e5be6d0e49b0d9252e6618\" tg-width=\"720\" tg-height=\"387\"/></p><p>MU Revenue Estimates for Current Fiscal Year data by YCharts.</p><p>In all, Micron stock can step on the gas in the final quarter of the year and go on a sustainable bull run thanks to the long-term opportunity created by AI servers. That&#39;s why investors should consider buying this AI stock while it trades at 4 times sales, which makes it way cheaper than the likes of Nvidia, which sports a price-to-sales ratio of 32.</p><h2 id=\"id_1623020022\">2. <a href=\"https://laohu8.com/S/MRVL\">Marvell Technology</a></h2><p>Just like Micron, tepid memory demand has been weighing on Marvell Technology&#39;s results of late. The company&#39;s fiscal 2024 second-quarter revenue (for the three months ended July 29, 2023) was down 12% year over year to $1.34 billion. Its non-GAAP earnings fell at an alarming rate of 42% over the year-ago period to $0.33 per share last quarter.</p><p>Marvell management attributed its poor showing to weak storage demand from the data-center segment, which produced 34% of its total revenue and saw a year-over-year decline of 29%. But at the same time, Marvell pointed out that its AI-related revenue is now growing at a faster-than-expected pace.</p><p>CEO Matt Murphy said on the company&#39;s August earnings-conference call that &#34;we now expect revenue from AI to exit this year at over a $200 million quarterly revenue run rate or $800 million annualized.&#34; For comparison, Marvell landed $200 million in AI-related revenue in the previous fiscal year, and management was anticipating the same to double in fiscal 2024 and fiscal 2025. However, management&#39;s comments on the earnings call indicate that it is on track to quadruple its AI revenue this year.</p><p>What&#39;s more, Marvell may reportedly land a big AI customer in the form of <strong>Alphabet</strong> for powering Google&#39;s AI servers. This, however, could be just the beginning of Marvell&#39;s AI-driven growth as its data-center interconnect chips, which will play an important role in connecting multiple servers in a data center, could witness healthy demand in the long run. According to a third-party estimate, the data-center interconnect market could generate $17.4 billion in annual revenue in 2028 as compared to $5 billion last year.</p><p>All this explains why Marvell&#39;s fortunes are expected to turn around in the next fiscal year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a79eec1743b7abb1a5d0a8d0455839f8\" tg-width=\"720\" tg-height=\"387\"/></p><p>MRVL Revenue Estimates for Current Fiscal Year data by YCharts.</p><p>But don&#39;t be surprised to see the company clock a faster pace of growth given the growing influence of AI on its business. That could turn out to be a key growth driver for Marvell, which is why investors should consider taking advantage of the 20% decline in the company&#39;s stock price since the beginning of August as it could soon regain its mojo and start soaring.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Top AI Stocks Ready for a Bull Run</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Top AI Stocks Ready for a Bull Run\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-27 13:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/09/26/2-top-ai-stocks-ready-for-a-bull-run/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Semiconductor stocks have mostly been on fire on the market in 2023, which is evident from the impressive 33% surge in the PHLX Semiconductor Sector index so far this year. A key reason why the market...</p>\n\n<a href=\"https://www.fool.com/investing/2023/09/26/2-top-ai-stocks-ready-for-a-bull-run/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技","MRVL":"迈威尔科技"},"source_url":"https://www.fool.com/investing/2023/09/26/2-top-ai-stocks-ready-for-a-bull-run/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2370717208","content_text":"Semiconductor stocks have mostly been on fire on the market in 2023, which is evident from the impressive 33% surge in the PHLX Semiconductor Sector index so far this year. A key reason why the market is upbeat about this sector is enthusiasm over the potential of artificial intelligence (AI) to boost chip sales.AI turned out to be an important growth driver for semiconductor companies as this technology requires powerful processors, more storage, and faster memory, among other things. Nvidia, for instance, is a big beneficiary of the booming AI-driven chip demand as the tech giant's recent results tell us. However, Nvidia isn't the only company that stands to gain from AI.The likes of Micron Technology and Marvell Technology also provide critical building blocks for AI infrastructure, and the good part is that they can be bought at attractive valuations right now. Let's look at the reasons why AI could turn out to be a catalyst for these two chip stocks.1. Micron TechnologyMicron Technology stock is up 37% so far in 2023, driven mainly by the belief that AI could give the weak memory market a shot in the arm. It is worth noting that Micron's revenue and earnings have declined steeply in recent quarters as memory demand has dried up on account of weak demand from computers and smartphones. The lack of demand has caused an oversupply and led to a sharp fall in the prices of memory chips.All this explains why Micron's revenue in the recently concluded fiscal year 2023 is expected to drop in half from the prior-year period to $15.4 billion. The chipmaker is expected to report a loss of $4.55 per share as compared to a profit of $8.35 per share in the previous fiscal year. However, Deutsche Bank analyst Sidney Ho forecasts that the worst could be over for Micron.Ho says that the inventory correction in the memory market is nearly over thanks to the production cuts instituted by the likes of Micron and other players in the industry. The analyst adds that AI servers are driving stronger memory demand.Ho believes that the recent uptick in the prices of dynamic random access memory (DRAM) could gain further momentum over the next couple of quarters, allowing Micron to deliver stronger-than-expected revenue and earnings estimates for the first quarter of fiscal 2024. The analyst increased the price target for Micron to $85 from $65, which points toward a 23% jump from current levels.Market research firm Gartner forecasts that the memory industry could rebound big time in 2024 with an estimated revenue jump of 70%. That would be a big turnaround as compared to this year's estimated decline of 35%. AI is likely to play a central role in this turnaround. According to Micron, \"AI servers have six to eight times the DRAM content of a regular server and three times the NAND content.\"With the AI server market's revenue expected to jump a whopping fivefold in the next four years -- increasing from $30 billion in 2023 to $150 billion in 2027 -- as per Foxconn, Micron is sitting on a secular-growth opportunity thanks to AI. So, it is not surprising to see analysts forecasting a significant jump in Micron's revenue from fiscal 2024.MU Revenue Estimates for Current Fiscal Year data by YCharts.In all, Micron stock can step on the gas in the final quarter of the year and go on a sustainable bull run thanks to the long-term opportunity created by AI servers. That's why investors should consider buying this AI stock while it trades at 4 times sales, which makes it way cheaper than the likes of Nvidia, which sports a price-to-sales ratio of 32.2. Marvell TechnologyJust like Micron, tepid memory demand has been weighing on Marvell Technology's results of late. The company's fiscal 2024 second-quarter revenue (for the three months ended July 29, 2023) was down 12% year over year to $1.34 billion. Its non-GAAP earnings fell at an alarming rate of 42% over the year-ago period to $0.33 per share last quarter.Marvell management attributed its poor showing to weak storage demand from the data-center segment, which produced 34% of its total revenue and saw a year-over-year decline of 29%. But at the same time, Marvell pointed out that its AI-related revenue is now growing at a faster-than-expected pace.CEO Matt Murphy said on the company's August earnings-conference call that \"we now expect revenue from AI to exit this year at over a $200 million quarterly revenue run rate or $800 million annualized.\" For comparison, Marvell landed $200 million in AI-related revenue in the previous fiscal year, and management was anticipating the same to double in fiscal 2024 and fiscal 2025. However, management's comments on the earnings call indicate that it is on track to quadruple its AI revenue this year.What's more, Marvell may reportedly land a big AI customer in the form of Alphabet for powering Google's AI servers. This, however, could be just the beginning of Marvell's AI-driven growth as its data-center interconnect chips, which will play an important role in connecting multiple servers in a data center, could witness healthy demand in the long run. According to a third-party estimate, the data-center interconnect market could generate $17.4 billion in annual revenue in 2028 as compared to $5 billion last year.All this explains why Marvell's fortunes are expected to turn around in the next fiscal year.MRVL Revenue Estimates for Current Fiscal Year data by YCharts.But don't be surprised to see the company clock a faster pace of growth given the growing influence of AI on its business. That could turn out to be a key growth driver for Marvell, which is why investors should consider taking advantage of the 20% decline in the company's stock price since the beginning of August as it could soon regain its mojo and start soaring.","news_type":1},"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196940974981360,"gmtCreate":1689117021284,"gmtModify":1689117025154,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Great work","listText":"Great work","text":"Great work","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/196940974981360","repostId":"1189462563","repostType":2,"repost":{"id":"1189462563","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1689088331,"share":"https://ttm.financial/m/news/1189462563?lang=&edition=fundamental","pubTime":"2023-07-11 23:12","market":"us","language":"en","title":"Microsoft-Activision Deal Moves Closer As Judge Denies FTC Injunction Request","url":"https://stock-news.laohu8.com/highlight/detail?id=1189462563","media":"Tiger Newspress","summary":"A federal judge in San Francisco has denied the Federal Trade Commission’s motion for a preliminary injunction to stop Microsoft from completing acquisition of video game publisher Activision Blizzard","content":"<html><head></head><body><p>A federal judge in San Francisco has denied the Federal Trade Commission’s motion for a preliminary injunction to stop Microsoft from completing acquisition of video game publisher Activision Blizzard.</p><p style=\"text-align: start;\">“This Court’s responsibility in this case is narrow. It is to decide if, notwithstanding these current circumstances, the merger should be halted—perhaps even terminated—pending resolution of the FTC administrative action,” Judge Jacqueline Scott Corley wrote in her decision, published on Tuesday. “For the reasons explained, the Court finds the FTC has not shown a likelihood it will prevail on its claim this particular vertical merger in this specific industry may substantially lessen competition. To the contrary, the record evidence points to more consumer access to Call of Duty and other Activision content. The motion for a preliminary injunction is therefore DENIED.”</p><p style=\"text-align: start;\">The decision comes after five days of court hearings to assess whether Microsoft would be able to complete the $68.7 billion Activision Blizzard acquisition it announced in 2022. The judge was deciding whether to grant the FTC’s request for an emergency injunction to prevent the deal from closing.</p><p style=\"text-align: start;\">The FTC argued Microsoft has shown an interest in making some games exclusive, to prevent them from appearing on Sony’s PlayStation or Nintendo’s Switch, and might do that if the deal were to close, while Microsoft said they would want to make Activision’s title more available, not less, partly to grow from people subscribing to its Game Pass library of games. Microsoft CEO Satya Nadella and Activision Blizzard CEO Bobby Kotick both testified, as did executives from Alphabet, Nvidia and Sony.</p><p style=\"text-align: start;\">In December the Federal Trade Commission filed suit to block the deal and have an administrative law judge at the agency assess it. But in June, before that could happen, the FTC requested a preliminary injunction to prevent Microsoft from completing the acquisition, with an eye toward bringing the case to its administrative law judge on Aug. 2. The two companies were looking to close the deal by July 18.</p><p style=\"text-align: start;\">Kotick said during the hearings that the Activision Blizzard board didn’t see how the deal could continue if the judge were to grant the preliminary injunction.</p><p>Activision jumped nearly 5% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f0a5a17d337683f28546210ef146c4cf\" tg-width=\"919\" tg-height=\"607\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft-Activision Deal Moves Closer As Judge Denies FTC Injunction Request</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-Activision Deal Moves Closer As Judge Denies FTC Injunction Request\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\">2023-07-11 23:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>A federal judge in San Francisco has denied the Federal Trade Commission’s motion for a preliminary injunction to stop Microsoft from completing acquisition of video game publisher Activision Blizzard.</p><p style=\"text-align: start;\">“This Court’s responsibility in this case is narrow. It is to decide if, notwithstanding these current circumstances, the merger should be halted—perhaps even terminated—pending resolution of the FTC administrative action,” Judge Jacqueline Scott Corley wrote in her decision, published on Tuesday. “For the reasons explained, the Court finds the FTC has not shown a likelihood it will prevail on its claim this particular vertical merger in this specific industry may substantially lessen competition. To the contrary, the record evidence points to more consumer access to Call of Duty and other Activision content. The motion for a preliminary injunction is therefore DENIED.”</p><p style=\"text-align: start;\">The decision comes after five days of court hearings to assess whether Microsoft would be able to complete the $68.7 billion Activision Blizzard acquisition it announced in 2022. The judge was deciding whether to grant the FTC’s request for an emergency injunction to prevent the deal from closing.</p><p style=\"text-align: start;\">The FTC argued Microsoft has shown an interest in making some games exclusive, to prevent them from appearing on Sony’s PlayStation or Nintendo’s Switch, and might do that if the deal were to close, while Microsoft said they would want to make Activision’s title more available, not less, partly to grow from people subscribing to its Game Pass library of games. Microsoft CEO Satya Nadella and Activision Blizzard CEO Bobby Kotick both testified, as did executives from Alphabet, Nvidia and Sony.</p><p style=\"text-align: start;\">In December the Federal Trade Commission filed suit to block the deal and have an administrative law judge at the agency assess it. But in June, before that could happen, the FTC requested a preliminary injunction to prevent Microsoft from completing the acquisition, with an eye toward bringing the case to its administrative law judge on Aug. 2. The two companies were looking to close the deal by July 18.</p><p style=\"text-align: start;\">Kotick said during the hearings that the Activision Blizzard board didn’t see how the deal could continue if the judge were to grant the preliminary injunction.</p><p>Activision jumped nearly 5% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f0a5a17d337683f28546210ef146c4cf\" tg-width=\"919\" tg-height=\"607\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ATVI":"动视暴雪"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189462563","content_text":"A federal judge in San Francisco has denied the Federal Trade Commission’s motion for a preliminary injunction to stop Microsoft from completing acquisition of video game publisher Activision Blizzard.“This Court’s responsibility in this case is narrow. It is to decide if, notwithstanding these current circumstances, the merger should be halted—perhaps even terminated—pending resolution of the FTC administrative action,” Judge Jacqueline Scott Corley wrote in her decision, published on Tuesday. “For the reasons explained, the Court finds the FTC has not shown a likelihood it will prevail on its claim this particular vertical merger in this specific industry may substantially lessen competition. To the contrary, the record evidence points to more consumer access to Call of Duty and other Activision content. The motion for a preliminary injunction is therefore DENIED.”The decision comes after five days of court hearings to assess whether Microsoft would be able to complete the $68.7 billion Activision Blizzard acquisition it announced in 2022. The judge was deciding whether to grant the FTC’s request for an emergency injunction to prevent the deal from closing.The FTC argued Microsoft has shown an interest in making some games exclusive, to prevent them from appearing on Sony’s PlayStation or Nintendo’s Switch, and might do that if the deal were to close, while Microsoft said they would want to make Activision’s title more available, not less, partly to grow from people subscribing to its Game Pass library of games. Microsoft CEO Satya Nadella and Activision Blizzard CEO Bobby Kotick both testified, as did executives from Alphabet, Nvidia and Sony.In December the Federal Trade Commission filed suit to block the deal and have an administrative law judge at the agency assess it. But in June, before that could happen, the FTC requested a preliminary injunction to prevent Microsoft from completing the acquisition, with an eye toward bringing the case to its administrative law judge on Aug. 2. The two companies were looking to close the deal by July 18.Kotick said during the hearings that the Activision Blizzard board didn’t see how the deal could continue if the judge were to grant the preliminary injunction.Activision jumped nearly 5% in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187861001031728,"gmtCreate":1686892310206,"gmtModify":1686892313957,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"People always looked forward but this one always looked at rear mirror!","listText":"People always looked forward but this one always looked at rear mirror!","text":"People always looked forward but this one always looked at rear mirror!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187861001031728","repostId":"2343707901","repostType":4,"repost":{"id":"2343707901","kind":"highlight","pubTimestamp":1686873667,"share":"https://ttm.financial/m/news/2343707901?lang=&edition=fundamental","pubTime":"2023-06-16 08:01","market":"us","language":"en","title":"Market's Starting To Look Like 1987","url":"https://stock-news.laohu8.com/highlight/detail?id=2343707901","media":"Seekingalpha","summary":"iantfoto We are not makers of history. We are made by history. - Martin Luther King, Jr. History doesn't exactly repeat, and we always have to be mindful of comparisons where there isn't a large sample size, but could 2023 play out like 1987?","content":"<html><head></head><body><blockquote><em>We are not makers of history. We are made by history. - Martin Luther King, Jr.</em></blockquote><p>History doesn&#39;t exactly repeat, and we always have to be mindful of comparisons where there isn&#39;t a large sample size, but could 2023 play out like 1987?</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da6daaf214e67ba84b0a44522ccc7e21\" tg-width=\"537\" tg-height=\"709\"/></p><p>Twitter</p><h2>The Stock Market in 1987: A Synopsis</h2><h3>The Phenomenon of the &#34;Melt-Up&#34;</h3><p>In 1987, the stock market experienced a unique phenomenon known as a &#34;melt-up.&#34; This occurrence is characterized by a sharp improvement in the performance of the stock market due to a surge in market sentiment and investor interest. During such a phase, stock prices escalate rapidly, often outpacing their underlying fundamentals. The <a href=\"https://laohu8.com/S/DJS\">Dow Jones</a> Industrial Average (DJI) had a significant move for several months, and good times were rolling.</p><h3>The Crash of 1987</h3><p>Following the melt-up, the market faced a significant downturn, popularly known as the &#34;Black Monday&#34; crash. On October 19, 1987, the Dow Jones Industrial Average plummeted by almost 22%, marking its biggest single-day decline.</p><h3>The Role of the Federal Reserve</h3><p>The Federal Reserve played a pivotal role during this tumultuous period in 1987. The central bank adjusted its policies and interest rates in an attempt to stabilize the market. These actions had far-reaching implications, influencing not only the U.S. economy but also the global financial markets.</p><h2>Market Performance: Comparing 1987 and 2023</h2><h3>Market Gains</h3><p>In 1987, the Dow Jones Industrial Average (DJI) at this point year to date was up 25%, while the NASDAQ 100-Index (NDX, QQQ) in 2023 so far is up a staggering 39%, mainly driven by manic behavior in select stocks around AI such as Nvidia (NVDA) and Microsoft (MSFT). History doesn&#39;t repeat but often rhymes, and a year-to-date path correlation of 0.74 is worth focusing on.</p><h3>Market Sentiment</h3><p>Market sentiment plays a significant role in driving stock market trends. The overconfidence and bullish sentiment observed in 2023 likely resembles the market mood of 1987. This similarity raises the question of whether history might repeat itself, leading to a potential market correction or downturn.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5131d0844cb4f2f9db87e28b84802752\" tg-width=\"535\" tg-height=\"226\"/></p><p>Twitter</p><h2>Conclusion: No One Knows</h2><p>While the comparison between the stock market in 1987 and 2023 offers intriguing insights, it is crucial to remember that the stock market&#39;s performance is influenced by a multitude of factors. Therefore, predicting its trajectory with absolute certainty is impossible.</p><p>I am the furthest away from being a perma-bear, or perma-bull, as possible. The one commonality between bulls and bears is overconfidence. My base case I said back in January remains the same.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8edafd94fe3b949a2622bea17777d15\" tg-width=\"535\" tg-height=\"283\"/></p><p>Twitter</p><p>Be careful of falling for the AI narrative of the moment. The melt-up in the NASDAQ isn&#39;t driven by AI. It&#39;s driven by people.</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>Market's Starting To Look Like 1987</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\">\nMarket's Starting To Look Like 1987\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-16 08:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4611790-markets-starting-to-look-like-1987><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We are not makers of history. We are made by history. - Martin Luther King, Jr.History doesn't exactly repeat, and we always have to be mindful of comparisons where there isn't a large sample size, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4611790-markets-starting-to-look-like-1987\">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://seekingalpha.com/article/4611790-markets-starting-to-look-like-1987","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2343707901","content_text":"We are not makers of history. We are made by history. - Martin Luther King, Jr.History doesn't exactly repeat, and we always have to be mindful of comparisons where there isn't a large sample size, but could 2023 play out like 1987?TwitterThe Stock Market in 1987: A SynopsisThe Phenomenon of the \"Melt-Up\"In 1987, the stock market experienced a unique phenomenon known as a \"melt-up.\" This occurrence is characterized by a sharp improvement in the performance of the stock market due to a surge in market sentiment and investor interest. During such a phase, stock prices escalate rapidly, often outpacing their underlying fundamentals. The Dow Jones Industrial Average (DJI) had a significant move for several months, and good times were rolling.The Crash of 1987Following the melt-up, the market faced a significant downturn, popularly known as the \"Black Monday\" crash. On October 19, 1987, the Dow Jones Industrial Average plummeted by almost 22%, marking its biggest single-day decline.The Role of the Federal ReserveThe Federal Reserve played a pivotal role during this tumultuous period in 1987. The central bank adjusted its policies and interest rates in an attempt to stabilize the market. These actions had far-reaching implications, influencing not only the U.S. economy but also the global financial markets.Market Performance: Comparing 1987 and 2023Market GainsIn 1987, the Dow Jones Industrial Average (DJI) at this point year to date was up 25%, while the NASDAQ 100-Index (NDX, QQQ) in 2023 so far is up a staggering 39%, mainly driven by manic behavior in select stocks around AI such as Nvidia (NVDA) and Microsoft (MSFT). History doesn't repeat but often rhymes, and a year-to-date path correlation of 0.74 is worth focusing on.Market SentimentMarket sentiment plays a significant role in driving stock market trends. The overconfidence and bullish sentiment observed in 2023 likely resembles the market mood of 1987. This similarity raises the question of whether history might repeat itself, leading to a potential market correction or downturn.TwitterConclusion: No One KnowsWhile the comparison between the stock market in 1987 and 2023 offers intriguing insights, it is crucial to remember that the stock market's performance is influenced by a multitude of factors. Therefore, predicting its trajectory with absolute certainty is impossible.I am the furthest away from being a perma-bear, or perma-bull, as possible. The one commonality between bulls and bears is overconfidence. My base case I said back in January remains the same.TwitterBe careful of falling for the AI narrative of the moment. The melt-up in the NASDAQ isn't driven by AI. It's driven by people.","news_type":1},"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187127503196192,"gmtCreate":1686724700959,"gmtModify":1686724705786,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Go n eat pranta better","listText":"Go n eat pranta better","text":"Go n eat pranta better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187127503196192","repostId":"2343567514","repostType":4,"repost":{"id":"2343567514","kind":"highlight","pubTimestamp":1686704403,"share":"https://ttm.financial/m/news/2343567514?lang=&edition=fundamental","pubTime":"2023-06-14 09:00","market":"us","language":"en","title":"Stocks Are Dangerously Overvalued With More Rate Hikes To Come","url":"https://stock-news.laohu8.com/highlight/detail?id=2343567514","media":"Seekingalpha","summary":"Douglas Rissing The CPI report shows that inflation has remained stubbornly slow to fall, with the CORE CPI rising at 5.3%, surpassing expectations for 5.2%, creating a problem for the Fed. This will ","content":"<html><head></head><body><p>The CPI report shows that inflation has remained stubbornly slow to fall, with the CORE CPI rising at 5.3%, surpassing expectations for 5.2%, creating a problem for the Fed. This will likely lead the Fed to revise its summary of economic projections to show a higher inflation outlook and more rate hikes on the dot plot.</p><p>This means that yields across the curve are likely to stay elevated and move higher in the months ahead at a time when liquidity is now being withdrawn from the overall market and equities are dangerously overvalued.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2120bacd7ae744d7a9b26b91f6d1a51d\" tg-width=\"640\" tg-height=\"286\"/></p><p>Bloomberg</p><h2>More Rate Hikes</h2><p>The market is not predicting a June rate hike, with the odds at just 10% as of this writing, and it seems unlikely that Fed will try and surprise the market, given its history. But Fed Fund futures are pricing a nearly 70% chance of a rate hike by July. With the next FOMC meeting coming at the end of July, the Fed will have more data to assess its projected rate path. However, given the hotter core CPI and searing labor market reports, it will probably mean that the dot plot will reflect another rate hike or two in 2023.</p><p>The reason is that core inflation is expected to remain sticky, and the Cleveland Fed estimates Core CPI for June at 5.1%. This means the chance the Fed is done raising rates seems slim at this point, and that will likely be reflected in the dot plots when the Summary of Economic Projections comes out.</p><p>Additionally, headline CPI on a non-seasonal adjusted basis rose by 0.3% in May. That has inflation rising at a 4.4% annualized rate of change over the past three and six months. This does suggest that it may be challenging to get inflation down now that it is entering this 3% to 4% range. It&#39;s important to remember that CPI on a year over year is measured on a non-seasonally adjusted basis, and using a seasonally adjusted CPI metric to annualize the rate of change may understate actual inflation due to changes in seasonal adjustments, which happened in 2022.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/538b5d9f6f2e8956f767d8f53d71b8c9\" tg-width=\"640\" tg-height=\"294\"/></p><p>Bloomberg</p><p>This is why bond yields aren&#39;t coming down and are rising following the CPI report. Especially when looking at the back of the curve, as markets price in a higher for longer monetary policy from the Fed, with the 30-year rate rising back to 3.92%. But more importantly, real rates are pushing higher, with the 10-Yr TIP rate now trading at 1.58% and approaching that critical level of resistance that could lead to a big break out and push to new highs.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b14a0538cce121027cd003790fb61875\" tg-width=\"640\" tg-height=\"294\"/></p><p>Bloomberg</p><p>The 10-yr TIP is a critical rate to follow because assets such as long duration growth are priced using real rates, with the Nasdaq 100 being key. The spread between the Nasdaq 100 earnings yield and the 10-yr real yield is now at 1.93%, levels not seen since the mid-2000s, when the Nasdaq was in the middle of a valuation reset from the 2000 bubble. More importantly, the Nasdaq 100 earnings yield is 235 bps below the historical average of the last 10 years.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/763a5b0d5b2b8c255726b71f988c02aa\" tg-width=\"640\" tg-height=\"363\"/></p><p>Bloomberg</p><p>The other piece of the puzzle is that liquidity is now starting to be withdrawn from the Nasdaq 100 futures market, as measured by the depth of the book. The last time the depth of the book declined was back in August of 2022, which also marked a significant top in the market.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/810669f93ed838683f831e50269496db\" tg-width=\"640\" tg-height=\"480\"/></p><p>CME Group</p><p>The addition and withdrawal of liquidity in the Nasdaq futures market in August 2022 coincided with a move up and down reserve balances held at the Federal Reserve. Currently, reserve balances are likely to decline due to the refill of the Treasury General Account. Further, as we move into the quarter end, the reverse repo activity should begin to climb, leading to lower reserves.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9fc60fcb97695095105c1677befc4bd5\" tg-width=\"640\" tg-height=\"294\"/></p><p>Bloomberg</p><p>The path for inflation is sticky and will continue not to be smooth, and if the current rate of changes remains, headline inflation could very well begin to accelerate in the second half of 2023 as the base effects of the first half of 2022 wane. Translating into yields staying elevated and leaving stock particularly vulnerable as the equity risk premium gets dangerously narrow and liquidity is withdrawn from the market.</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>Stocks Are Dangerously Overvalued With More Rate Hikes To Come</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 Are Dangerously Overvalued With More Rate Hikes To Come\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-14 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4611258-stocks-are-dangerously-overvalued-with-more-rate-hikes-to-come><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The CPI report shows that inflation has remained stubbornly slow to fall, with the CORE CPI rising at 5.3%, surpassing expectations for 5.2%, creating a problem for the Fed. This will likely lead the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4611258-stocks-are-dangerously-overvalued-with-more-rate-hikes-to-come\">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://seekingalpha.com/article/4611258-stocks-are-dangerously-overvalued-with-more-rate-hikes-to-come","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2343567514","content_text":"The CPI report shows that inflation has remained stubbornly slow to fall, with the CORE CPI rising at 5.3%, surpassing expectations for 5.2%, creating a problem for the Fed. This will likely lead the Fed to revise its summary of economic projections to show a higher inflation outlook and more rate hikes on the dot plot.This means that yields across the curve are likely to stay elevated and move higher in the months ahead at a time when liquidity is now being withdrawn from the overall market and equities are dangerously overvalued.BloombergMore Rate HikesThe market is not predicting a June rate hike, with the odds at just 10% as of this writing, and it seems unlikely that Fed will try and surprise the market, given its history. But Fed Fund futures are pricing a nearly 70% chance of a rate hike by July. With the next FOMC meeting coming at the end of July, the Fed will have more data to assess its projected rate path. However, given the hotter core CPI and searing labor market reports, it will probably mean that the dot plot will reflect another rate hike or two in 2023.The reason is that core inflation is expected to remain sticky, and the Cleveland Fed estimates Core CPI for June at 5.1%. This means the chance the Fed is done raising rates seems slim at this point, and that will likely be reflected in the dot plots when the Summary of Economic Projections comes out.Additionally, headline CPI on a non-seasonal adjusted basis rose by 0.3% in May. That has inflation rising at a 4.4% annualized rate of change over the past three and six months. This does suggest that it may be challenging to get inflation down now that it is entering this 3% to 4% range. It's important to remember that CPI on a year over year is measured on a non-seasonally adjusted basis, and using a seasonally adjusted CPI metric to annualize the rate of change may understate actual inflation due to changes in seasonal adjustments, which happened in 2022.BloombergThis is why bond yields aren't coming down and are rising following the CPI report. Especially when looking at the back of the curve, as markets price in a higher for longer monetary policy from the Fed, with the 30-year rate rising back to 3.92%. But more importantly, real rates are pushing higher, with the 10-Yr TIP rate now trading at 1.58% and approaching that critical level of resistance that could lead to a big break out and push to new highs.BloombergThe 10-yr TIP is a critical rate to follow because assets such as long duration growth are priced using real rates, with the Nasdaq 100 being key. The spread between the Nasdaq 100 earnings yield and the 10-yr real yield is now at 1.93%, levels not seen since the mid-2000s, when the Nasdaq was in the middle of a valuation reset from the 2000 bubble. More importantly, the Nasdaq 100 earnings yield is 235 bps below the historical average of the last 10 years.BloombergThe other piece of the puzzle is that liquidity is now starting to be withdrawn from the Nasdaq 100 futures market, as measured by the depth of the book. The last time the depth of the book declined was back in August of 2022, which also marked a significant top in the market.CME GroupThe addition and withdrawal of liquidity in the Nasdaq futures market in August 2022 coincided with a move up and down reserve balances held at the Federal Reserve. Currently, reserve balances are likely to decline due to the refill of the Treasury General Account. Further, as we move into the quarter end, the reverse repo activity should begin to climb, leading to lower reserves.BloombergThe path for inflation is sticky and will continue not to be smooth, and if the current rate of changes remains, headline inflation could very well begin to accelerate in the second half of 2023 as the base effects of the first half of 2022 wane. Translating into yields staying elevated and leaving stock particularly vulnerable as the equity risk premium gets dangerously narrow and liquidity is withdrawn from the market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970506343,"gmtCreate":1684553667983,"gmtModify":1684553672301,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Dun worry,it will fly","listText":"Dun worry,it will fly","text":"Dun worry,it will fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970506343","repostId":"2336472595","repostType":2,"repost":{"id":"2336472595","kind":"highlight","pubTimestamp":1684541965,"share":"https://ttm.financial/m/news/2336472595?lang=&edition=fundamental","pubTime":"2023-05-20 08:19","market":"us","language":"en","title":"Tesla: Prepare For A Macroeconomic Storm","url":"https://stock-news.laohu8.com/highlight/detail?id=2336472595","media":"seekingalpha","summary":"Investment ThesisTesla, Inc. (NASDAQ:TSLA) just had its 2023 annual shareholder meeting on Tuesday, ","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/789e7c34e3a788ee36136caea7db71a2\" tg-width=\"750\" tg-height=\"506\"/></p><h2>Investment Thesis</h2><p><strong>Tesla, Inc.</strong> (NASDAQ:TSLA) just had its 2023 annual shareholder meeting on Tuesday, and the stock is up about 5% since then. More to the point, Tesla stock is up 42.62% YTD, reflecting positive investor sentiment, perhaps following some statements by CEO Elon Musk that he is open to media advertising and that he has found a new CEO for Twitter.</p><p>Still, we think market participants have overlooked some of Elon Musk&#39;s comments about the macroeconomic environment, where we find Tesla highly suspect for a macroeconomic blast. In this article, we explore why a macroeconomic storm is potentially imminent, and why investors may want to be cautious.</p><h2>An Interest Rate Storm</h2><p>In one of our previous articles, we warned investors about a potential &#34;interest rate storm&#34; that appeared on the horizon, and now seems to have arrived. Elon Musk also touched on this subject, several times during the annual shareholder meeting:</p><blockquote>Interest rates have a very big effect on the affordability of cars. The vast majority of people buy cars based on the monthly payment, so it&#39;s like &#34;how much is the monthly payment?&#34; And it&#39;s not a question of value for money, it&#39;s just do they actually have enough money, can they afford it?</blockquote><p>And so, in the article, we looked at where auto loan rates are headed, also as a function of where short-term interest rates are now. Because, over the past 40 years, interest rates have generally been a tailwind as they had fallen to all-time lows. In 2016, for example, the average interest rate on the most common loan (72-month) touched nearly 4%. Currently, however, that figure is more like 7-8%.</p><p>Short-term interest rates are now at the same level as they were in 2007, when interest rates on auto loans were around 8%, which we will use in our example.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c9461b3c3dfa849e905f86a8030838e3\" tg-width=\"640\" tg-height=\"219\"/></p><p>Federal Reserve (FRED)</p><p></p><p>The monthly payment may not have increased that much for, say, a popular Model Y long-range, but it adds up over several years. Consumers will end up spending $6228 more if they finance at 8%, compared to the 4.5% we saw in 2021 and during the previous decade of near-0 rates.</p><p>But in terms of affordability, it also plays a big role. As a rule of thumb for affordability, it is common knowledge that car payments should not exceed 15% of monthly take-home pay. With an $828 payment, it becomes affordable at a monthly income of over $5520, and at $914 you would be expected to earn over $6093.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b376b398f34a8495da6be989662404ec\" tg-width=\"640\" tg-height=\"172\"/></p><p>Bankrate</p><p></p><p>And when sold to the masses, a 10% increase in income needed to afford the same car can cut into demand faster than you might expect. Not only that, but the debt-to-income ratio plays a role in financing a car, along with the bank&#39;s general lending standards.</p><p>As mortgage rates have also risen, the amount of total monthly debt people owes on a higher-rate financed property, or higher interest charges on credit cards, can also impair people&#39;s ability to finance a car at all. If the debt-to-income ratio is too high, banks are generally unwilling to finance. But perhaps more importantly in the current environment, any undue pressure on banks in general could curtail their willingness to expand their portfolio of auto loans. And with multiple banks like First Republic Bank (OTCPK:FRCB) and <a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> (OTC:SIVBQ) going bankrupt six ways to Sunday, banks are tightening credit for auto loans significantly. Here&#39;s what Elon Musk had to say about this:</p><blockquote>As interest rates increase, and credit tightens, like it&#39;s safe to say that these various banks that have died are probably somewhat distracted from handing out auto loans. If you&#39;re on the way to the cemetery, increasing their auto loan portfolio is not the first thing on their mind.</blockquote><p>And when you couple this with data recently released by the Federal Reserve, it does become very clear that banks are tightening their lending standards loan size portfolio for auto loans tremendously, the strictest in recent history, with the exception being 2020.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f10c31d30ace91b57b0ef211ed08d6ee\" tg-width=\"640\" tg-height=\"219\"/></p><p>Federal Reserve (FRED)</p><p></p><h2>Demand Is A Concern</h2><p>Another risk we evaluate is Tesla&#39;s ambiguity when it comes to pricing. In 2021, at a time when cars were in short-supply and trading well above MSRP, Tesla could exert tremendous leverage and continually raise prices.</p><p>We can also see this in Tesla&#39;s used car price data, which saw a huge increase in 2021 and recently collapsed, along with Tesla&#39;s gross margins. In Q1 2022, Tesla reached record gross margins of 29.1%, and it is right now standing at 19.3% in Q1. Even if we take Model Y, for example, the price decline in Q2 continued, with little improvement in sight.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a6261301bc4dbbfc1caf7df7eb37d7f2\" tg-width=\"640\" tg-height=\"345\"/></p><p>CarGurus</p><p></p><p>It is also important to note that Tesla first cut prices sharply in the middle of the first quarter, and so we most likely have not yet seen a spike in margin pressure, as we should see the full effect of the price cuts in the second quarter. And that&#39;s without taking into account further price declines in the coming month. Used car prices for Model Y went from $73,241 at the peak to $50,302 now, which is a huge change of -31.32%.</p><p>Elon Musk also seemed rather reluctant to talk about demand during the Q1 call, telling investors mainly that:</p><blockquote>I think the overall thing we can say is that orders are in excess of production. (Q1 Earnings Call.)</blockquote><p>Which is perhaps a bit of a cop-out, as orders are likely to be in excess of production if Tesla merely keeps cutting prices. It also seems that Elon is fully prepared to cut prices, which may affect margins in order to still meet volume targets and monetize the fleet with FSD Beta later on, which we think is a risky strategy to say the least:</p><blockquote>We&#39;ve taken a view that pushing for higher volumes and a larger fleet is the right choice here versus a lower volume and higher margin. However, we expect our vehicles, over time, will be able to generate significant profit through autonomy. So we do believe we&#39;re like laying the groundwork here, and then it&#39;s better to ship a large number of cars at a lower margin, and subsequently, harvest that margin in the future as we perfect autonomy.</blockquote><p>If we actually start looking at the inventory for hints of future potential price cuts, the stock on some models seems to be high in certain regions. Especially in Europe, where the Model Y is especially in high inventory, and the Model 3 which has also seen inventory growth in the United States.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dec676f31493f5bfa3c5fde5f8a2c1de\" tg-width=\"640\" tg-height=\"400\"/></p><p>Tesla Info</p><p></p><p>In China, deliveries and production do seem to be going according to plan and are arguably in line with expectations, although they lag a bit behind BYD in the month of April.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5cc14f183627dfe763a09f820c2e5180\" tg-width=\"640\" tg-height=\"364\"/></p><p>CnEVPost</p><p></p><p>Tesla cut prices in China mainly late last year/first quarter of this year, and has kept prices strong since then, which means we expect less impact in terms of margins for China for the second quarter unless prices get cut again. For example, the standard Model Y currently sells in China for just RMB 263,900, or $37,592.</p><p>Overall, Tesla is not the only one with big ambitions to capture the EV car market in China, as BYD has set a goal of selling 3.6 million EVs and PHEVs by 2023.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bcb7d80796c153d32a9ef7d923c7ae47\" tg-width=\"640\" tg-height=\"361\"/></p><p>CnEVPost</p><p></p><h2>The Macro Storm</h2><p>And so, in terms of what the next 12 months look like, we think there are immense macroeconomic risks ahead for Tesla. Elon Musk believes that, too, as he has hinted on Twitter and in a recent interview with CNBC, in which he indicated that the Fed is operating with &#34;too much latency.&#34;</p><p>This is evidenced by the spread between 10-year and 3-month interest rates, which is now over -166 bp, more than in 2008 and the most since the 1980s. This essentially screams that there are short- to medium-term economic problems ahead.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dec3ed7e7a67bb82826001f35c8e87fb\" tg-width=\"640\" tg-height=\"219\"/></p><p>Federal Reserve (FRED)</p><p></p><p>Tesla is expected by Elon Musk himself and Wall Street to achieve $100.27 billion in revenue for fiscal year 2023. Tesla&#39;s gross margins have historically been relatively close to those of Toyota Motor Corporation (TM) &amp; BYD Company Limited (OTCPK:BYDDF) until 2021, when Tesla&#39;s gross margins varied widely.</p><p>However, these gross margins have currently returned to average, and one may wonder if this was just temporary pricing power rather than permanent. We believe this may be due to extremely favorable macroeconomic conditions combined with little competition on the EV front and less supply chain disruption due to Tesla&#39;s high vertical integration.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b320e76a22da0dd06b5b53b63a9b8c6\" tg-width=\"640\" tg-height=\"384\"/></p><p>TIKR Terminal</p><p></p><p>Regardless, we stand by our conclusion that we think gross margins in Q2 and probably in FY2023 will be lower than Q1 figures, because prices were not significantly reduced until midway through Q1 and smaller reductions occurred in Q2.</p><p>Keeping with Q1 margins, and taking into account a gross margin of about 19%, we think Tesla will bring in $19 billion in gross revenue. Operating expenses, despite the scale-up, have remained flat at about $1.85 billion per quarter, and we think that will continue. In other words, we think operating income for fiscal year 2023 is expected to be about $11.60 billion. This would be in line with the 12-month operating income trend, which has recently remained flat.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0ae019201965fd137bf33cad799349f6\" tg-width=\"640\" tg-height=\"384\"/></p><p>TIKR Terminal</p><p></p><p>This trend, perhaps worryingly, is also evident based on free cash flow. Over the past 12 months, free cash flow was $5.78 billion (CFO-CapEx). However, if we were to measure actual profitability and take into account stock-based compensation, we would be left with about $4.22 billion on a TTM basis. This contrasts with the $560.65BN market capitalization, so downside risk protection is questionable at 132x Adjusted FCF (TTM).</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/acf1ed54577d35c60c45d7e1bbe168c1\" tg-width=\"640\" tg-height=\"384\"/></p><p>TIKR Terminal</p><p></p><p>Tesla&#39;s Chinese counterpart, BYD for example, also got hit in terms of Free Cash Flow (&#34;FCF&#34;) recently, but still brought in $3.93BN worth of FCF despite headwinds on a TTM basis. Unlike Tesla, however, it is currently valued at $101.19BN or 25.75x TTM Free Cash Flow. At BYD&#39;s valuation, Tesla would be trading at a $148.83BN market cap, not even adjusting for stock-based compensation.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa1dc8c762b8026406f90d8ac5fa3d50\" tg-width=\"640\" tg-height=\"384\"/></p><p>TIKR Terminal</p><p></p><p>Even if we try to make the valuation work from an EBIT perspective, we don&#39;t see how Tesla would now trade well below intrinsic value. As we said earlier, we think operating income comes out to $11.60 billion for FY2023.</p><p>From a top-line perspective, as we also indicated earlier, it is expected to come out somewhere at $100BN, or a 23% increase for 2023. Wall Street Estimates expect 29.21% growth for 2024, and revenue growth in the years after that will also slow to low double digits. If we give Tesla the benefit of the doubt, at a PEG ratio of 1, or a ratio of 30x Operating Income at 30% growth, we would arrive at a market cap of $348BN.</p><p>That would be closer to the bottom from early this year, around $110. At the current $560.65BN market cap and a P/FCF multiple of 20x, we expect Tesla to have to put in 28.03BN of FCF on an annualized basis, which is a far cry from its current $5.78BN of TTM FCF.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fd4257be0f8cb47f5c2dd3aa592db76\" tg-width=\"635\" tg-height=\"433\"/></p><p>Data by YCharts</p><p></p><p>The main problem, we currently have with Tesla is that it seems the company is increasing the number of cars at the expense of margin. To what extent this is due to macroeconomic pressures, competition, or market saturation in general may be a bit too early to guess. It seems to us that a next-generation platform is indeed needed at a lower MSRP to sell both volume and margin, but there is currently renewed speculation about what the margins will be.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2bdee5f441592ca23868c1b65b1f8600\" tg-width=\"640\" tg-height=\"384\"/></p><p>TIKR Terminal</p><p></p><p>Even if we were to ignore the $5.78BN of FCF on a TTM basis, and take the highest FCF generated by Tesla on a TTM basis, which was $8.91BN last year at a 30x P/FCF multiple, we would only end up with $267.3BN or $84.32 per share.</p><h2>The Ace Of Spades</h2><p>Finally, just because we think bottom-line performance is unlikely to be driven by hardware sales does not mean Elon Musk cannot have a couple of aces up his sleeves.</p><p>Tesla FSD could potentially unlock an immense amount of value if their fleet could be deployed as a robotaxi fleet. Tesla&#39;s FSD is getting close to perfection, although &#34;close enough&#34; is not nearly enough when it comes to self-driving. And it remains to be seen when/if they would actually be allowed to deploy their FSD full scale, only using cameras as Elon Musk himself would like. Needless to say, it won&#39;t be there tomorrow, or maybe even in the next few years. Other competitors such as Waymo of Alphabet Inc. (GOOG, GOOGL) and Cruise of General Motors (GM), are already active, although they use other equipment such as Radar/ Lidar, sensors and pre-mapped locations.</p><p>There are also opportunities such as using this data collected through FSD and applying their AI with their Optimus robot, which could create an incredible future mass-market product, although it won&#39;t be there tomorrow, either. The same goes for the application of their AI expertise for generative AI and other software products. We think it&#39;s too much speculation for now. Insiders have not been shy about selling lately, either: Elon&#39;s brother Kimbal exercised options and also sold $19.5M worth of shares.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ee2a1e0e98d286e913245dc2a5df57c\" tg-width=\"640\" tg-height=\"256\"/></p><p>OpenInsider</p><p></p><p>Technically, everything also seems to point in the direction of downward movement. We currently see Tesla trading in a downward channel, heading towards the previous lows from earlier this year around $100.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eb132144851563517261930f7fe93d0e\" tg-width=\"640\" tg-height=\"363\"/></p><p>Tradingview, Wright&#39;s Research</p><p></p><p>Also on a Fibonacci retracement, it appears that the stock hit the lower limit of the trading range earlier this year at about $105, and rebounded strongly from this support level and was rejected at the upper limit of the 50% level at $214. Our technical analysis in line with the fundamentals and macroeconomic view leads us to believe that Tesla is likely headed for its 2023 lows, and could perhaps be considered a buy at such levels.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/69e87e97aaac3aa16afef0797a089001\" tg-width=\"640\" tg-height=\"363\"/></p><p>Tradingview, Wright&#39;s Research</p><p></p><h2>The Bottom Line</h2><p>While Tesla offers very bright future prospects in automation, AI and robotics, given the fundamental and macroeconomic outlook, it remains too speculative for us to touch.</p><p>Margins have plummeted, prices have been cut, and banks are tightening credit en masse. Therefore, we think Tesla is heading into the perfect storm in the second quarter. Until Tesla, Inc. again shows margin improvements while increasing sales, or trades at lower multiples closer to its industry peers, we keep our &#34;hold&#34; rating, as we think Tesla&#39;s fair value/ intrinsic value is closer to its previous lows at $100.</p><p>Other companies such as BYD, which is extremely similar in terms of free cash flow and growth rates, are trading at less than 1/5 of Tesla&#39;s current market capitalization. The next 12 months will be very difficult for Tesla, Inc., and Elon Musk has not been shy about announcing this to shareholders. Yet the stock is up more than 42% YTD, which does not reflect this sentiment. As Elon Musk said at the annual shareholder meeting:</p><blockquote>This is going to be a challenging 12 months, I sort of want to be realistic about it that Tesla is not immune to the global economic environment. I expect things to be just at a macroeconomic level difficult for at least the next 12 months. Like, Tesla will get through it, and we&#39;ll do well and I think we&#39;ll see a lot of companies go bankrupt. I want to make sure this is not just the &#34;good news parade.&#34;</blockquote></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>Tesla: Prepare For A Macroeconomic 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: Prepare For A Macroeconomic Storm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-20 08:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4606058-tesla-stock-prepare-for-macroeconomic-storm><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investment ThesisTesla, Inc. (NASDAQ:TSLA) just had its 2023 annual shareholder meeting on Tuesday, and the stock is up about 5% since then. More to the point, Tesla stock is up 42.62% YTD, reflecting...</p>\n\n<a href=\"https://seekingalpha.com/article/4606058-tesla-stock-prepare-for-macroeconomic-storm\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4559":"巴菲特持仓","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4527":"明星科技股","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","BK4550":"红杉资本持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4588":"碎股","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4551":"寇图资本持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4574":"无人驾驶","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4561":"索罗斯持仓","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0823411888.USD":"法巴消费创新基金 Cap","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4511":"特斯拉概念","GM":"通用汽车","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4548":"巴美列捷福持仓","LU0056508442.USD":"贝莱德世界科技基金A2","TSLA":"特斯拉","TTM":"塔塔汽车","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","TM":"丰田汽车","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4534":"瑞士信贷持仓","BK4523":"印度概念","BK4585":"ETF&股票定投概念","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861558580.USD":"日兴方舟颠覆性创新基金B","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4555":"新能源车","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","FRCB":"第一共和银行","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC"},"source_url":"https://seekingalpha.com/article/4606058-tesla-stock-prepare-for-macroeconomic-storm","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2336472595","content_text":"Investment ThesisTesla, Inc. (NASDAQ:TSLA) just had its 2023 annual shareholder meeting on Tuesday, and the stock is up about 5% since then. More to the point, Tesla stock is up 42.62% YTD, reflecting positive investor sentiment, perhaps following some statements by CEO Elon Musk that he is open to media advertising and that he has found a new CEO for Twitter.Still, we think market participants have overlooked some of Elon Musk's comments about the macroeconomic environment, where we find Tesla highly suspect for a macroeconomic blast. In this article, we explore why a macroeconomic storm is potentially imminent, and why investors may want to be cautious.An Interest Rate StormIn one of our previous articles, we warned investors about a potential \"interest rate storm\" that appeared on the horizon, and now seems to have arrived. Elon Musk also touched on this subject, several times during the annual shareholder meeting:Interest rates have a very big effect on the affordability of cars. The vast majority of people buy cars based on the monthly payment, so it's like \"how much is the monthly payment?\" And it's not a question of value for money, it's just do they actually have enough money, can they afford it?And so, in the article, we looked at where auto loan rates are headed, also as a function of where short-term interest rates are now. Because, over the past 40 years, interest rates have generally been a tailwind as they had fallen to all-time lows. In 2016, for example, the average interest rate on the most common loan (72-month) touched nearly 4%. Currently, however, that figure is more like 7-8%.Short-term interest rates are now at the same level as they were in 2007, when interest rates on auto loans were around 8%, which we will use in our example.Federal Reserve (FRED)The monthly payment may not have increased that much for, say, a popular Model Y long-range, but it adds up over several years. Consumers will end up spending $6228 more if they finance at 8%, compared to the 4.5% we saw in 2021 and during the previous decade of near-0 rates.But in terms of affordability, it also plays a big role. As a rule of thumb for affordability, it is common knowledge that car payments should not exceed 15% of monthly take-home pay. With an $828 payment, it becomes affordable at a monthly income of over $5520, and at $914 you would be expected to earn over $6093.BankrateAnd when sold to the masses, a 10% increase in income needed to afford the same car can cut into demand faster than you might expect. Not only that, but the debt-to-income ratio plays a role in financing a car, along with the bank's general lending standards.As mortgage rates have also risen, the amount of total monthly debt people owes on a higher-rate financed property, or higher interest charges on credit cards, can also impair people's ability to finance a car at all. If the debt-to-income ratio is too high, banks are generally unwilling to finance. But perhaps more importantly in the current environment, any undue pressure on banks in general could curtail their willingness to expand their portfolio of auto loans. And with multiple banks like First Republic Bank (OTCPK:FRCB) and SVB Financial Group (OTC:SIVBQ) going bankrupt six ways to Sunday, banks are tightening credit for auto loans significantly. Here's what Elon Musk had to say about this:As interest rates increase, and credit tightens, like it's safe to say that these various banks that have died are probably somewhat distracted from handing out auto loans. If you're on the way to the cemetery, increasing their auto loan portfolio is not the first thing on their mind.And when you couple this with data recently released by the Federal Reserve, it does become very clear that banks are tightening their lending standards loan size portfolio for auto loans tremendously, the strictest in recent history, with the exception being 2020.Federal Reserve (FRED)Demand Is A ConcernAnother risk we evaluate is Tesla's ambiguity when it comes to pricing. In 2021, at a time when cars were in short-supply and trading well above MSRP, Tesla could exert tremendous leverage and continually raise prices.We can also see this in Tesla's used car price data, which saw a huge increase in 2021 and recently collapsed, along with Tesla's gross margins. In Q1 2022, Tesla reached record gross margins of 29.1%, and it is right now standing at 19.3% in Q1. Even if we take Model Y, for example, the price decline in Q2 continued, with little improvement in sight.CarGurusIt is also important to note that Tesla first cut prices sharply in the middle of the first quarter, and so we most likely have not yet seen a spike in margin pressure, as we should see the full effect of the price cuts in the second quarter. And that's without taking into account further price declines in the coming month. Used car prices for Model Y went from $73,241 at the peak to $50,302 now, which is a huge change of -31.32%.Elon Musk also seemed rather reluctant to talk about demand during the Q1 call, telling investors mainly that:I think the overall thing we can say is that orders are in excess of production. (Q1 Earnings Call.)Which is perhaps a bit of a cop-out, as orders are likely to be in excess of production if Tesla merely keeps cutting prices. It also seems that Elon is fully prepared to cut prices, which may affect margins in order to still meet volume targets and monetize the fleet with FSD Beta later on, which we think is a risky strategy to say the least:We've taken a view that pushing for higher volumes and a larger fleet is the right choice here versus a lower volume and higher margin. However, we expect our vehicles, over time, will be able to generate significant profit through autonomy. So we do believe we're like laying the groundwork here, and then it's better to ship a large number of cars at a lower margin, and subsequently, harvest that margin in the future as we perfect autonomy.If we actually start looking at the inventory for hints of future potential price cuts, the stock on some models seems to be high in certain regions. Especially in Europe, where the Model Y is especially in high inventory, and the Model 3 which has also seen inventory growth in the United States.Tesla InfoIn China, deliveries and production do seem to be going according to plan and are arguably in line with expectations, although they lag a bit behind BYD in the month of April.CnEVPostTesla cut prices in China mainly late last year/first quarter of this year, and has kept prices strong since then, which means we expect less impact in terms of margins for China for the second quarter unless prices get cut again. For example, the standard Model Y currently sells in China for just RMB 263,900, or $37,592.Overall, Tesla is not the only one with big ambitions to capture the EV car market in China, as BYD has set a goal of selling 3.6 million EVs and PHEVs by 2023.CnEVPostThe Macro StormAnd so, in terms of what the next 12 months look like, we think there are immense macroeconomic risks ahead for Tesla. Elon Musk believes that, too, as he has hinted on Twitter and in a recent interview with CNBC, in which he indicated that the Fed is operating with \"too much latency.\"This is evidenced by the spread between 10-year and 3-month interest rates, which is now over -166 bp, more than in 2008 and the most since the 1980s. This essentially screams that there are short- to medium-term economic problems ahead.Federal Reserve (FRED)Tesla is expected by Elon Musk himself and Wall Street to achieve $100.27 billion in revenue for fiscal year 2023. Tesla's gross margins have historically been relatively close to those of Toyota Motor Corporation (TM) & BYD Company Limited (OTCPK:BYDDF) until 2021, when Tesla's gross margins varied widely.However, these gross margins have currently returned to average, and one may wonder if this was just temporary pricing power rather than permanent. We believe this may be due to extremely favorable macroeconomic conditions combined with little competition on the EV front and less supply chain disruption due to Tesla's high vertical integration.TIKR TerminalRegardless, we stand by our conclusion that we think gross margins in Q2 and probably in FY2023 will be lower than Q1 figures, because prices were not significantly reduced until midway through Q1 and smaller reductions occurred in Q2.Keeping with Q1 margins, and taking into account a gross margin of about 19%, we think Tesla will bring in $19 billion in gross revenue. Operating expenses, despite the scale-up, have remained flat at about $1.85 billion per quarter, and we think that will continue. In other words, we think operating income for fiscal year 2023 is expected to be about $11.60 billion. This would be in line with the 12-month operating income trend, which has recently remained flat.TIKR TerminalThis trend, perhaps worryingly, is also evident based on free cash flow. Over the past 12 months, free cash flow was $5.78 billion (CFO-CapEx). However, if we were to measure actual profitability and take into account stock-based compensation, we would be left with about $4.22 billion on a TTM basis. This contrasts with the $560.65BN market capitalization, so downside risk protection is questionable at 132x Adjusted FCF (TTM).TIKR TerminalTesla's Chinese counterpart, BYD for example, also got hit in terms of Free Cash Flow (\"FCF\") recently, but still brought in $3.93BN worth of FCF despite headwinds on a TTM basis. Unlike Tesla, however, it is currently valued at $101.19BN or 25.75x TTM Free Cash Flow. At BYD's valuation, Tesla would be trading at a $148.83BN market cap, not even adjusting for stock-based compensation.TIKR TerminalEven if we try to make the valuation work from an EBIT perspective, we don't see how Tesla would now trade well below intrinsic value. As we said earlier, we think operating income comes out to $11.60 billion for FY2023.From a top-line perspective, as we also indicated earlier, it is expected to come out somewhere at $100BN, or a 23% increase for 2023. Wall Street Estimates expect 29.21% growth for 2024, and revenue growth in the years after that will also slow to low double digits. If we give Tesla the benefit of the doubt, at a PEG ratio of 1, or a ratio of 30x Operating Income at 30% growth, we would arrive at a market cap of $348BN.That would be closer to the bottom from early this year, around $110. At the current $560.65BN market cap and a P/FCF multiple of 20x, we expect Tesla to have to put in 28.03BN of FCF on an annualized basis, which is a far cry from its current $5.78BN of TTM FCF.Data by YChartsThe main problem, we currently have with Tesla is that it seems the company is increasing the number of cars at the expense of margin. To what extent this is due to macroeconomic pressures, competition, or market saturation in general may be a bit too early to guess. It seems to us that a next-generation platform is indeed needed at a lower MSRP to sell both volume and margin, but there is currently renewed speculation about what the margins will be.TIKR TerminalEven if we were to ignore the $5.78BN of FCF on a TTM basis, and take the highest FCF generated by Tesla on a TTM basis, which was $8.91BN last year at a 30x P/FCF multiple, we would only end up with $267.3BN or $84.32 per share.The Ace Of SpadesFinally, just because we think bottom-line performance is unlikely to be driven by hardware sales does not mean Elon Musk cannot have a couple of aces up his sleeves.Tesla FSD could potentially unlock an immense amount of value if their fleet could be deployed as a robotaxi fleet. Tesla's FSD is getting close to perfection, although \"close enough\" is not nearly enough when it comes to self-driving. And it remains to be seen when/if they would actually be allowed to deploy their FSD full scale, only using cameras as Elon Musk himself would like. Needless to say, it won't be there tomorrow, or maybe even in the next few years. Other competitors such as Waymo of Alphabet Inc. (GOOG, GOOGL) and Cruise of General Motors (GM), are already active, although they use other equipment such as Radar/ Lidar, sensors and pre-mapped locations.There are also opportunities such as using this data collected through FSD and applying their AI with their Optimus robot, which could create an incredible future mass-market product, although it won't be there tomorrow, either. The same goes for the application of their AI expertise for generative AI and other software products. We think it's too much speculation for now. Insiders have not been shy about selling lately, either: Elon's brother Kimbal exercised options and also sold $19.5M worth of shares.OpenInsiderTechnically, everything also seems to point in the direction of downward movement. We currently see Tesla trading in a downward channel, heading towards the previous lows from earlier this year around $100.Tradingview, Wright's ResearchAlso on a Fibonacci retracement, it appears that the stock hit the lower limit of the trading range earlier this year at about $105, and rebounded strongly from this support level and was rejected at the upper limit of the 50% level at $214. Our technical analysis in line with the fundamentals and macroeconomic view leads us to believe that Tesla is likely headed for its 2023 lows, and could perhaps be considered a buy at such levels.Tradingview, Wright's ResearchThe Bottom LineWhile Tesla offers very bright future prospects in automation, AI and robotics, given the fundamental and macroeconomic outlook, it remains too speculative for us to touch.Margins have plummeted, prices have been cut, and banks are tightening credit en masse. Therefore, we think Tesla is heading into the perfect storm in the second quarter. Until Tesla, Inc. again shows margin improvements while increasing sales, or trades at lower multiples closer to its industry peers, we keep our \"hold\" rating, as we think Tesla's fair value/ intrinsic value is closer to its previous lows at $100.Other companies such as BYD, which is extremely similar in terms of free cash flow and growth rates, are trading at less than 1/5 of Tesla's current market capitalization. The next 12 months will be very difficult for Tesla, Inc., and Elon Musk has not been shy about announcing this to shareholders. Yet the stock is up more than 42% YTD, which does not reflect this sentiment. As Elon Musk said at the annual shareholder meeting:This is going to be a challenging 12 months, I sort of want to be realistic about it that Tesla is not immune to the global economic environment. I expect things to be just at a macroeconomic level difficult for at least the next 12 months. Like, Tesla will get through it, and we'll do well and I think we'll see a lot of companies go bankrupt. I want to make sure this is not just the \"good news parade.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970653674,"gmtCreate":1684413149099,"gmtModify":1684413153353,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"2053 should be better","listText":"2053 should be better","text":"2053 should be better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9970653674","repostId":"2336395804","repostType":2,"repost":{"id":"2336395804","kind":"highlight","pubTimestamp":1684423500,"share":"https://ttm.financial/m/news/2336395804?lang=&edition=fundamental","pubTime":"2023-05-18 23:25","market":"us","language":"en","title":"Prediction: 2 Growth Stocks Will Be Worth $2 Trillion by 2033 (Besides Apple and Microsoft)","url":"https://stock-news.laohu8.com/highlight/detail?id=2336395804","media":"Motley Fool","summary":"These growth stocks could join Apple and Microsoft in the $2 trillion club by 2033.","content":"<html><head></head><body><h2 style=\"text-align: start;\">KEY POINTS</h2><ul><li><p>Apple and Microsoft are the two most valuable companies in the world, and both have already crossed the $2 trillion threshold.</p></li><li><p>Tesla’s strong competitive position in electric vehicles and autonomous vehicles could propel the company to a $2 trillion valuation by 2033.</p></li><li><p>Alphabet’s dominance in digital advertising and its growing cloud computing business could help the company achieve a $2 trillion valuation by 2033.</p></li></ul><p>A decade ago, <strong>Apple </strong>and <strong>ExxonMobil</strong> were the most valuable companies in the world, but neither had a market cap exceeding $600 billion. Today, Apple and <strong>Microsoft</strong> are the most valuable companies in the world, and both have a market cap exceeding $2 trillion. Investors should ask themselves what changes the next decade will bring.</p><p>Here are two growth stocks that could join Apple and Microsoft in the $2 trillion club by 2033.</p><h2>1. Tesla</h2><p><strong>Tesla</strong>&#39;s current market cap of $535 billion would need to increase about 3.7-fold over the next decade, or 14% annually, to reach $2 trillion. But some analysts expect the company to blow by that figure well before 2033. For instance, Ark Invest believes Tesla will have a market cap between $4.4 trillion and $7.9 trillion by 2027. That may be optimistic -- although Ark has been right about Tesla in the past -- but that forecast makes $2 trillion look easy.</p><p>Tesla led the industry last year in battery electric vehicle sales, with an 18.2% market share, and management expects to grow deliveries by 50% annually over the long term. The company also reported the highest operating margin among volume carmakers last year, meaning Tesla is more profitable than its peers, and management says its margins will remain the highest in the industry. Collectively, those predictions put Tesla in a good position. Electric vehicle (EV) sales are forecast to grow at 23% annually through 2032, but Tesla believes it will outpace that figure while maintaining higher margins than its competition.</p><p>Investors have good reason to believe that narrative. CEO Elon Musk says Tesla has the most advanced manufacturing technology on the planet, and Cairn Energy Research Advisors says Tesla will be able to produce battery packs (the most expensive part of an EV) at a lower cost per kilowatt-hour than any other automaker through the end of the decade. But management expects full self-driving (FSD) software to be a real profit driver in the long run.</p><p>Tesla has a big advantage when it comes to autonomous vehicles. Data is the foundation of artificial intelligence (AI), and Tesla has more autopilot-enabled cars on the road than any competitor, meaning it has more data to train the AI models that power its FSD platform. Musk also believes the in-car supercomputer that runs Tesla&#39;s FSD software is the most efficient inference computer in the world. Collectively, those advantages position Tesla as an early leader in the autonomous vehicle market, and Precedence Research expects that market to grow at 39% annually through 2030.</p><p>Here&#39;s the bottom line: Given Tesla&#39;s strong position in two quickly expanding markets, investors can reasonably expect annualized sales growth of at least 25% over the next decade. That estimate is conservative compared to its annualized sales growth of 47% over the last five years. Assuming Tesla hits that mark, its market cap could increase 3.7-fold to $2 trillion while its price-to-sales ratio falls to 2.5 times sales, a discount to the current 6.9 times sales.</p><h2>2. Alphabet</h2><p><strong>Alphabet</strong> is much closer than Tesla to the $2 trillion milestone. Its current market cap of $1.4 trillion falls just 43% shy of that threshold, meaning it needs to grow at just 3.6% annually over the next decade.</p><p>The investment thesis for Alphabet is simple: Google Search is the most popular search engine, and YouTube is the most popular streaming service, and their popularity makes Alphabet an irreplaceable advertising partner for many brands. In fact, the company accounted for nearly 30% of global digital ad spending last year, according to eMarketer. Alphabet may lose some market share in the coming years, but it will likely maintain its leadership position. That puts the company in a good spot because the ad tech market is expected to grow at 14% annually through 2030.</p><p>Alphabet is also gaining ground in cloud computing. Google Cloud Platform held a 10% market share in cloud infrastructure and platform services in the first quarter, up from 8% last year, and its expertise in AI could be a significant growth driver in the coming years. Alphabet may not have a viral application like ChatGPT yet, but experts have recognized the company as a leader in AI infrastructure, conversational AI platforms, and AI-powered document analytics. That bodes well for the company because the AI software market could grow as fast as 42% annually through 2030, and the broader cloud computing market is expected to grow at 14% annually through the end of the decade.</p><p>Here&#39;s the bottom line: Alphabet has a strong competitive position in digital advertising and cloud computing, two markets expected to grow at 14% annually through the end of the decade. Shares currently trade at a reasonable 5.1 times sales, but if Alphabet grows revenue at 10% annually over the next decade -- a conservative estimate given its annualized revenue growth of 19% over the last five years -- its market cap could reach $2 trillion while its valuation multiple falls to an even more reasonable 2.7 times sales.</p><p>Of course, Alphabet may grow revenue more quickly than 10% annually given its strong presence in several quickly expanding markets, so its market cap could top $2 trillion long before 2033.</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>Prediction: 2 Growth Stocks Will Be Worth $2 Trillion by 2033 (Besides Apple and Microsoft)</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\">\nPrediction: 2 Growth Stocks Will Be Worth $2 Trillion by 2033 (Besides Apple and Microsoft)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-18 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/05/17/2-growth-stocks-worth-2-trillion-besides-apple/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSApple and Microsoft are the two most valuable companies in the world, and both have already crossed the $2 trillion threshold.Tesla’s strong competitive position in electric vehicles and ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/05/17/2-growth-stocks-worth-2-trillion-besides-apple/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4528":"SaaS概念","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0079474960.USD":"联博美国增长基金A","GOOG":"谷歌","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4514":"搜索引擎","GOOGL":"谷歌A","LU0080751232.USD":"富达环球多元动力基金A","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","BK4571":"数字音乐概念","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4505":"高瓴资本持仓","BK4512":"苹果概念","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","TSLA":"特斯拉","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4527":"明星科技股","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4574":"无人驾驶","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU0882574139.USD":"富达环球消费行业基金A ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0557290698.USD":"施罗德环球可持续增长基金","BK4532":"文艺复兴科技持仓","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2023/05/17/2-growth-stocks-worth-2-trillion-besides-apple/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336395804","content_text":"KEY POINTSApple and Microsoft are the two most valuable companies in the world, and both have already crossed the $2 trillion threshold.Tesla’s strong competitive position in electric vehicles and autonomous vehicles could propel the company to a $2 trillion valuation by 2033.Alphabet’s dominance in digital advertising and its growing cloud computing business could help the company achieve a $2 trillion valuation by 2033.A decade ago, Apple and ExxonMobil were the most valuable companies in the world, but neither had a market cap exceeding $600 billion. Today, Apple and Microsoft are the most valuable companies in the world, and both have a market cap exceeding $2 trillion. Investors should ask themselves what changes the next decade will bring.Here are two growth stocks that could join Apple and Microsoft in the $2 trillion club by 2033.1. TeslaTesla's current market cap of $535 billion would need to increase about 3.7-fold over the next decade, or 14% annually, to reach $2 trillion. But some analysts expect the company to blow by that figure well before 2033. For instance, Ark Invest believes Tesla will have a market cap between $4.4 trillion and $7.9 trillion by 2027. That may be optimistic -- although Ark has been right about Tesla in the past -- but that forecast makes $2 trillion look easy.Tesla led the industry last year in battery electric vehicle sales, with an 18.2% market share, and management expects to grow deliveries by 50% annually over the long term. The company also reported the highest operating margin among volume carmakers last year, meaning Tesla is more profitable than its peers, and management says its margins will remain the highest in the industry. Collectively, those predictions put Tesla in a good position. Electric vehicle (EV) sales are forecast to grow at 23% annually through 2032, but Tesla believes it will outpace that figure while maintaining higher margins than its competition.Investors have good reason to believe that narrative. CEO Elon Musk says Tesla has the most advanced manufacturing technology on the planet, and Cairn Energy Research Advisors says Tesla will be able to produce battery packs (the most expensive part of an EV) at a lower cost per kilowatt-hour than any other automaker through the end of the decade. But management expects full self-driving (FSD) software to be a real profit driver in the long run.Tesla has a big advantage when it comes to autonomous vehicles. Data is the foundation of artificial intelligence (AI), and Tesla has more autopilot-enabled cars on the road than any competitor, meaning it has more data to train the AI models that power its FSD platform. Musk also believes the in-car supercomputer that runs Tesla's FSD software is the most efficient inference computer in the world. Collectively, those advantages position Tesla as an early leader in the autonomous vehicle market, and Precedence Research expects that market to grow at 39% annually through 2030.Here's the bottom line: Given Tesla's strong position in two quickly expanding markets, investors can reasonably expect annualized sales growth of at least 25% over the next decade. That estimate is conservative compared to its annualized sales growth of 47% over the last five years. Assuming Tesla hits that mark, its market cap could increase 3.7-fold to $2 trillion while its price-to-sales ratio falls to 2.5 times sales, a discount to the current 6.9 times sales.2. AlphabetAlphabet is much closer than Tesla to the $2 trillion milestone. Its current market cap of $1.4 trillion falls just 43% shy of that threshold, meaning it needs to grow at just 3.6% annually over the next decade.The investment thesis for Alphabet is simple: Google Search is the most popular search engine, and YouTube is the most popular streaming service, and their popularity makes Alphabet an irreplaceable advertising partner for many brands. In fact, the company accounted for nearly 30% of global digital ad spending last year, according to eMarketer. Alphabet may lose some market share in the coming years, but it will likely maintain its leadership position. That puts the company in a good spot because the ad tech market is expected to grow at 14% annually through 2030.Alphabet is also gaining ground in cloud computing. Google Cloud Platform held a 10% market share in cloud infrastructure and platform services in the first quarter, up from 8% last year, and its expertise in AI could be a significant growth driver in the coming years. Alphabet may not have a viral application like ChatGPT yet, but experts have recognized the company as a leader in AI infrastructure, conversational AI platforms, and AI-powered document analytics. That bodes well for the company because the AI software market could grow as fast as 42% annually through 2030, and the broader cloud computing market is expected to grow at 14% annually through the end of the decade.Here's the bottom line: Alphabet has a strong competitive position in digital advertising and cloud computing, two markets expected to grow at 14% annually through the end of the decade. Shares currently trade at a reasonable 5.1 times sales, but if Alphabet grows revenue at 10% annually over the next decade -- a conservative estimate given its annualized revenue growth of 19% over the last five years -- its market cap could reach $2 trillion while its valuation multiple falls to an even more reasonable 2.7 times sales.Of course, Alphabet may grow revenue more quickly than 10% annually given its strong presence in several quickly expanding markets, so its market cap could top $2 trillion long before 2033.","news_type":1},"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575712158925738","authorId":"3575712158925738","name":"JP24","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"idStr":"3575712158925738","authorIdStr":"3575712158925738"},"content":"Lol.. u want 30 years of lost decade isit.. 🤣","text":"Lol.. u want 30 years of lost decade isit.. 🤣","html":"Lol.. u want 30 years of lost decade isit.. 🤣"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9970506343,"gmtCreate":1684553667983,"gmtModify":1684553672301,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Dun worry,it will fly","listText":"Dun worry,it will fly","text":"Dun worry,it will fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970506343","repostId":"2336472595","repostType":2,"repost":{"id":"2336472595","kind":"highlight","pubTimestamp":1684541965,"share":"https://ttm.financial/m/news/2336472595?lang=&edition=fundamental","pubTime":"2023-05-20 08:19","market":"us","language":"en","title":"Tesla: Prepare For A Macroeconomic Storm","url":"https://stock-news.laohu8.com/highlight/detail?id=2336472595","media":"seekingalpha","summary":"Investment ThesisTesla, Inc. (NASDAQ:TSLA) just had its 2023 annual shareholder meeting on Tuesday, ","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/789e7c34e3a788ee36136caea7db71a2\" tg-width=\"750\" tg-height=\"506\"/></p><h2>Investment Thesis</h2><p><strong>Tesla, Inc.</strong> (NASDAQ:TSLA) just had its 2023 annual shareholder meeting on Tuesday, and the stock is up about 5% since then. More to the point, Tesla stock is up 42.62% YTD, reflecting positive investor sentiment, perhaps following some statements by CEO Elon Musk that he is open to media advertising and that he has found a new CEO for Twitter.</p><p>Still, we think market participants have overlooked some of Elon Musk&#39;s comments about the macroeconomic environment, where we find Tesla highly suspect for a macroeconomic blast. In this article, we explore why a macroeconomic storm is potentially imminent, and why investors may want to be cautious.</p><h2>An Interest Rate Storm</h2><p>In one of our previous articles, we warned investors about a potential &#34;interest rate storm&#34; that appeared on the horizon, and now seems to have arrived. Elon Musk also touched on this subject, several times during the annual shareholder meeting:</p><blockquote>Interest rates have a very big effect on the affordability of cars. The vast majority of people buy cars based on the monthly payment, so it&#39;s like &#34;how much is the monthly payment?&#34; And it&#39;s not a question of value for money, it&#39;s just do they actually have enough money, can they afford it?</blockquote><p>And so, in the article, we looked at where auto loan rates are headed, also as a function of where short-term interest rates are now. Because, over the past 40 years, interest rates have generally been a tailwind as they had fallen to all-time lows. In 2016, for example, the average interest rate on the most common loan (72-month) touched nearly 4%. Currently, however, that figure is more like 7-8%.</p><p>Short-term interest rates are now at the same level as they were in 2007, when interest rates on auto loans were around 8%, which we will use in our example.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c9461b3c3dfa849e905f86a8030838e3\" tg-width=\"640\" tg-height=\"219\"/></p><p>Federal Reserve (FRED)</p><p></p><p>The monthly payment may not have increased that much for, say, a popular Model Y long-range, but it adds up over several years. Consumers will end up spending $6228 more if they finance at 8%, compared to the 4.5% we saw in 2021 and during the previous decade of near-0 rates.</p><p>But in terms of affordability, it also plays a big role. As a rule of thumb for affordability, it is common knowledge that car payments should not exceed 15% of monthly take-home pay. With an $828 payment, it becomes affordable at a monthly income of over $5520, and at $914 you would be expected to earn over $6093.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b376b398f34a8495da6be989662404ec\" tg-width=\"640\" tg-height=\"172\"/></p><p>Bankrate</p><p></p><p>And when sold to the masses, a 10% increase in income needed to afford the same car can cut into demand faster than you might expect. Not only that, but the debt-to-income ratio plays a role in financing a car, along with the bank&#39;s general lending standards.</p><p>As mortgage rates have also risen, the amount of total monthly debt people owes on a higher-rate financed property, or higher interest charges on credit cards, can also impair people&#39;s ability to finance a car at all. If the debt-to-income ratio is too high, banks are generally unwilling to finance. But perhaps more importantly in the current environment, any undue pressure on banks in general could curtail their willingness to expand their portfolio of auto loans. And with multiple banks like First Republic Bank (OTCPK:FRCB) and <a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> (OTC:SIVBQ) going bankrupt six ways to Sunday, banks are tightening credit for auto loans significantly. Here&#39;s what Elon Musk had to say about this:</p><blockquote>As interest rates increase, and credit tightens, like it&#39;s safe to say that these various banks that have died are probably somewhat distracted from handing out auto loans. If you&#39;re on the way to the cemetery, increasing their auto loan portfolio is not the first thing on their mind.</blockquote><p>And when you couple this with data recently released by the Federal Reserve, it does become very clear that banks are tightening their lending standards loan size portfolio for auto loans tremendously, the strictest in recent history, with the exception being 2020.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f10c31d30ace91b57b0ef211ed08d6ee\" tg-width=\"640\" tg-height=\"219\"/></p><p>Federal Reserve (FRED)</p><p></p><h2>Demand Is A Concern</h2><p>Another risk we evaluate is Tesla&#39;s ambiguity when it comes to pricing. In 2021, at a time when cars were in short-supply and trading well above MSRP, Tesla could exert tremendous leverage and continually raise prices.</p><p>We can also see this in Tesla&#39;s used car price data, which saw a huge increase in 2021 and recently collapsed, along with Tesla&#39;s gross margins. In Q1 2022, Tesla reached record gross margins of 29.1%, and it is right now standing at 19.3% in Q1. Even if we take Model Y, for example, the price decline in Q2 continued, with little improvement in sight.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a6261301bc4dbbfc1caf7df7eb37d7f2\" tg-width=\"640\" tg-height=\"345\"/></p><p>CarGurus</p><p></p><p>It is also important to note that Tesla first cut prices sharply in the middle of the first quarter, and so we most likely have not yet seen a spike in margin pressure, as we should see the full effect of the price cuts in the second quarter. And that&#39;s without taking into account further price declines in the coming month. Used car prices for Model Y went from $73,241 at the peak to $50,302 now, which is a huge change of -31.32%.</p><p>Elon Musk also seemed rather reluctant to talk about demand during the Q1 call, telling investors mainly that:</p><blockquote>I think the overall thing we can say is that orders are in excess of production. (Q1 Earnings Call.)</blockquote><p>Which is perhaps a bit of a cop-out, as orders are likely to be in excess of production if Tesla merely keeps cutting prices. It also seems that Elon is fully prepared to cut prices, which may affect margins in order to still meet volume targets and monetize the fleet with FSD Beta later on, which we think is a risky strategy to say the least:</p><blockquote>We&#39;ve taken a view that pushing for higher volumes and a larger fleet is the right choice here versus a lower volume and higher margin. However, we expect our vehicles, over time, will be able to generate significant profit through autonomy. So we do believe we&#39;re like laying the groundwork here, and then it&#39;s better to ship a large number of cars at a lower margin, and subsequently, harvest that margin in the future as we perfect autonomy.</blockquote><p>If we actually start looking at the inventory for hints of future potential price cuts, the stock on some models seems to be high in certain regions. Especially in Europe, where the Model Y is especially in high inventory, and the Model 3 which has also seen inventory growth in the United States.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dec676f31493f5bfa3c5fde5f8a2c1de\" tg-width=\"640\" tg-height=\"400\"/></p><p>Tesla Info</p><p></p><p>In China, deliveries and production do seem to be going according to plan and are arguably in line with expectations, although they lag a bit behind BYD in the month of April.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5cc14f183627dfe763a09f820c2e5180\" tg-width=\"640\" tg-height=\"364\"/></p><p>CnEVPost</p><p></p><p>Tesla cut prices in China mainly late last year/first quarter of this year, and has kept prices strong since then, which means we expect less impact in terms of margins for China for the second quarter unless prices get cut again. For example, the standard Model Y currently sells in China for just RMB 263,900, or $37,592.</p><p>Overall, Tesla is not the only one with big ambitions to capture the EV car market in China, as BYD has set a goal of selling 3.6 million EVs and PHEVs by 2023.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bcb7d80796c153d32a9ef7d923c7ae47\" tg-width=\"640\" tg-height=\"361\"/></p><p>CnEVPost</p><p></p><h2>The Macro Storm</h2><p>And so, in terms of what the next 12 months look like, we think there are immense macroeconomic risks ahead for Tesla. Elon Musk believes that, too, as he has hinted on Twitter and in a recent interview with CNBC, in which he indicated that the Fed is operating with &#34;too much latency.&#34;</p><p>This is evidenced by the spread between 10-year and 3-month interest rates, which is now over -166 bp, more than in 2008 and the most since the 1980s. This essentially screams that there are short- to medium-term economic problems ahead.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dec3ed7e7a67bb82826001f35c8e87fb\" tg-width=\"640\" tg-height=\"219\"/></p><p>Federal Reserve (FRED)</p><p></p><p>Tesla is expected by Elon Musk himself and Wall Street to achieve $100.27 billion in revenue for fiscal year 2023. Tesla&#39;s gross margins have historically been relatively close to those of Toyota Motor Corporation (TM) &amp; BYD Company Limited (OTCPK:BYDDF) until 2021, when Tesla&#39;s gross margins varied widely.</p><p>However, these gross margins have currently returned to average, and one may wonder if this was just temporary pricing power rather than permanent. We believe this may be due to extremely favorable macroeconomic conditions combined with little competition on the EV front and less supply chain disruption due to Tesla&#39;s high vertical integration.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b320e76a22da0dd06b5b53b63a9b8c6\" tg-width=\"640\" tg-height=\"384\"/></p><p>TIKR Terminal</p><p></p><p>Regardless, we stand by our conclusion that we think gross margins in Q2 and probably in FY2023 will be lower than Q1 figures, because prices were not significantly reduced until midway through Q1 and smaller reductions occurred in Q2.</p><p>Keeping with Q1 margins, and taking into account a gross margin of about 19%, we think Tesla will bring in $19 billion in gross revenue. Operating expenses, despite the scale-up, have remained flat at about $1.85 billion per quarter, and we think that will continue. In other words, we think operating income for fiscal year 2023 is expected to be about $11.60 billion. This would be in line with the 12-month operating income trend, which has recently remained flat.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0ae019201965fd137bf33cad799349f6\" tg-width=\"640\" tg-height=\"384\"/></p><p>TIKR Terminal</p><p></p><p>This trend, perhaps worryingly, is also evident based on free cash flow. Over the past 12 months, free cash flow was $5.78 billion (CFO-CapEx). However, if we were to measure actual profitability and take into account stock-based compensation, we would be left with about $4.22 billion on a TTM basis. This contrasts with the $560.65BN market capitalization, so downside risk protection is questionable at 132x Adjusted FCF (TTM).</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/acf1ed54577d35c60c45d7e1bbe168c1\" tg-width=\"640\" tg-height=\"384\"/></p><p>TIKR Terminal</p><p></p><p>Tesla&#39;s Chinese counterpart, BYD for example, also got hit in terms of Free Cash Flow (&#34;FCF&#34;) recently, but still brought in $3.93BN worth of FCF despite headwinds on a TTM basis. Unlike Tesla, however, it is currently valued at $101.19BN or 25.75x TTM Free Cash Flow. At BYD&#39;s valuation, Tesla would be trading at a $148.83BN market cap, not even adjusting for stock-based compensation.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa1dc8c762b8026406f90d8ac5fa3d50\" tg-width=\"640\" tg-height=\"384\"/></p><p>TIKR Terminal</p><p></p><p>Even if we try to make the valuation work from an EBIT perspective, we don&#39;t see how Tesla would now trade well below intrinsic value. As we said earlier, we think operating income comes out to $11.60 billion for FY2023.</p><p>From a top-line perspective, as we also indicated earlier, it is expected to come out somewhere at $100BN, or a 23% increase for 2023. Wall Street Estimates expect 29.21% growth for 2024, and revenue growth in the years after that will also slow to low double digits. If we give Tesla the benefit of the doubt, at a PEG ratio of 1, or a ratio of 30x Operating Income at 30% growth, we would arrive at a market cap of $348BN.</p><p>That would be closer to the bottom from early this year, around $110. At the current $560.65BN market cap and a P/FCF multiple of 20x, we expect Tesla to have to put in 28.03BN of FCF on an annualized basis, which is a far cry from its current $5.78BN of TTM FCF.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fd4257be0f8cb47f5c2dd3aa592db76\" tg-width=\"635\" tg-height=\"433\"/></p><p>Data by YCharts</p><p></p><p>The main problem, we currently have with Tesla is that it seems the company is increasing the number of cars at the expense of margin. To what extent this is due to macroeconomic pressures, competition, or market saturation in general may be a bit too early to guess. It seems to us that a next-generation platform is indeed needed at a lower MSRP to sell both volume and margin, but there is currently renewed speculation about what the margins will be.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2bdee5f441592ca23868c1b65b1f8600\" tg-width=\"640\" tg-height=\"384\"/></p><p>TIKR Terminal</p><p></p><p>Even if we were to ignore the $5.78BN of FCF on a TTM basis, and take the highest FCF generated by Tesla on a TTM basis, which was $8.91BN last year at a 30x P/FCF multiple, we would only end up with $267.3BN or $84.32 per share.</p><h2>The Ace Of Spades</h2><p>Finally, just because we think bottom-line performance is unlikely to be driven by hardware sales does not mean Elon Musk cannot have a couple of aces up his sleeves.</p><p>Tesla FSD could potentially unlock an immense amount of value if their fleet could be deployed as a robotaxi fleet. Tesla&#39;s FSD is getting close to perfection, although &#34;close enough&#34; is not nearly enough when it comes to self-driving. And it remains to be seen when/if they would actually be allowed to deploy their FSD full scale, only using cameras as Elon Musk himself would like. Needless to say, it won&#39;t be there tomorrow, or maybe even in the next few years. Other competitors such as Waymo of Alphabet Inc. (GOOG, GOOGL) and Cruise of General Motors (GM), are already active, although they use other equipment such as Radar/ Lidar, sensors and pre-mapped locations.</p><p>There are also opportunities such as using this data collected through FSD and applying their AI with their Optimus robot, which could create an incredible future mass-market product, although it won&#39;t be there tomorrow, either. The same goes for the application of their AI expertise for generative AI and other software products. We think it&#39;s too much speculation for now. Insiders have not been shy about selling lately, either: Elon&#39;s brother Kimbal exercised options and also sold $19.5M worth of shares.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ee2a1e0e98d286e913245dc2a5df57c\" tg-width=\"640\" tg-height=\"256\"/></p><p>OpenInsider</p><p></p><p>Technically, everything also seems to point in the direction of downward movement. We currently see Tesla trading in a downward channel, heading towards the previous lows from earlier this year around $100.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eb132144851563517261930f7fe93d0e\" tg-width=\"640\" tg-height=\"363\"/></p><p>Tradingview, Wright&#39;s Research</p><p></p><p>Also on a Fibonacci retracement, it appears that the stock hit the lower limit of the trading range earlier this year at about $105, and rebounded strongly from this support level and was rejected at the upper limit of the 50% level at $214. Our technical analysis in line with the fundamentals and macroeconomic view leads us to believe that Tesla is likely headed for its 2023 lows, and could perhaps be considered a buy at such levels.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/69e87e97aaac3aa16afef0797a089001\" tg-width=\"640\" tg-height=\"363\"/></p><p>Tradingview, Wright&#39;s Research</p><p></p><h2>The Bottom Line</h2><p>While Tesla offers very bright future prospects in automation, AI and robotics, given the fundamental and macroeconomic outlook, it remains too speculative for us to touch.</p><p>Margins have plummeted, prices have been cut, and banks are tightening credit en masse. Therefore, we think Tesla is heading into the perfect storm in the second quarter. Until Tesla, Inc. again shows margin improvements while increasing sales, or trades at lower multiples closer to its industry peers, we keep our &#34;hold&#34; rating, as we think Tesla&#39;s fair value/ intrinsic value is closer to its previous lows at $100.</p><p>Other companies such as BYD, which is extremely similar in terms of free cash flow and growth rates, are trading at less than 1/5 of Tesla&#39;s current market capitalization. The next 12 months will be very difficult for Tesla, Inc., and Elon Musk has not been shy about announcing this to shareholders. Yet the stock is up more than 42% YTD, which does not reflect this sentiment. As Elon Musk said at the annual shareholder meeting:</p><blockquote>This is going to be a challenging 12 months, I sort of want to be realistic about it that Tesla is not immune to the global economic environment. I expect things to be just at a macroeconomic level difficult for at least the next 12 months. Like, Tesla will get through it, and we&#39;ll do well and I think we&#39;ll see a lot of companies go bankrupt. I want to make sure this is not just the &#34;good news parade.&#34;</blockquote></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>Tesla: Prepare For A Macroeconomic 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: Prepare For A Macroeconomic Storm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-20 08:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4606058-tesla-stock-prepare-for-macroeconomic-storm><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investment ThesisTesla, Inc. (NASDAQ:TSLA) just had its 2023 annual shareholder meeting on Tuesday, and the stock is up about 5% since then. More to the point, Tesla stock is up 42.62% YTD, reflecting...</p>\n\n<a href=\"https://seekingalpha.com/article/4606058-tesla-stock-prepare-for-macroeconomic-storm\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4559":"巴菲特持仓","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4527":"明星科技股","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","BK4550":"红杉资本持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4588":"碎股","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4551":"寇图资本持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4574":"无人驾驶","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4561":"索罗斯持仓","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0823411888.USD":"法巴消费创新基金 Cap","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4511":"特斯拉概念","GM":"通用汽车","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4548":"巴美列捷福持仓","LU0056508442.USD":"贝莱德世界科技基金A2","TSLA":"特斯拉","TTM":"塔塔汽车","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","TM":"丰田汽车","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4534":"瑞士信贷持仓","BK4523":"印度概念","BK4585":"ETF&股票定投概念","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861558580.USD":"日兴方舟颠覆性创新基金B","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4555":"新能源车","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","FRCB":"第一共和银行","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC"},"source_url":"https://seekingalpha.com/article/4606058-tesla-stock-prepare-for-macroeconomic-storm","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2336472595","content_text":"Investment ThesisTesla, Inc. (NASDAQ:TSLA) just had its 2023 annual shareholder meeting on Tuesday, and the stock is up about 5% since then. More to the point, Tesla stock is up 42.62% YTD, reflecting positive investor sentiment, perhaps following some statements by CEO Elon Musk that he is open to media advertising and that he has found a new CEO for Twitter.Still, we think market participants have overlooked some of Elon Musk's comments about the macroeconomic environment, where we find Tesla highly suspect for a macroeconomic blast. In this article, we explore why a macroeconomic storm is potentially imminent, and why investors may want to be cautious.An Interest Rate StormIn one of our previous articles, we warned investors about a potential \"interest rate storm\" that appeared on the horizon, and now seems to have arrived. Elon Musk also touched on this subject, several times during the annual shareholder meeting:Interest rates have a very big effect on the affordability of cars. The vast majority of people buy cars based on the monthly payment, so it's like \"how much is the monthly payment?\" And it's not a question of value for money, it's just do they actually have enough money, can they afford it?And so, in the article, we looked at where auto loan rates are headed, also as a function of where short-term interest rates are now. Because, over the past 40 years, interest rates have generally been a tailwind as they had fallen to all-time lows. In 2016, for example, the average interest rate on the most common loan (72-month) touched nearly 4%. Currently, however, that figure is more like 7-8%.Short-term interest rates are now at the same level as they were in 2007, when interest rates on auto loans were around 8%, which we will use in our example.Federal Reserve (FRED)The monthly payment may not have increased that much for, say, a popular Model Y long-range, but it adds up over several years. Consumers will end up spending $6228 more if they finance at 8%, compared to the 4.5% we saw in 2021 and during the previous decade of near-0 rates.But in terms of affordability, it also plays a big role. As a rule of thumb for affordability, it is common knowledge that car payments should not exceed 15% of monthly take-home pay. With an $828 payment, it becomes affordable at a monthly income of over $5520, and at $914 you would be expected to earn over $6093.BankrateAnd when sold to the masses, a 10% increase in income needed to afford the same car can cut into demand faster than you might expect. Not only that, but the debt-to-income ratio plays a role in financing a car, along with the bank's general lending standards.As mortgage rates have also risen, the amount of total monthly debt people owes on a higher-rate financed property, or higher interest charges on credit cards, can also impair people's ability to finance a car at all. If the debt-to-income ratio is too high, banks are generally unwilling to finance. But perhaps more importantly in the current environment, any undue pressure on banks in general could curtail their willingness to expand their portfolio of auto loans. And with multiple banks like First Republic Bank (OTCPK:FRCB) and SVB Financial Group (OTC:SIVBQ) going bankrupt six ways to Sunday, banks are tightening credit for auto loans significantly. Here's what Elon Musk had to say about this:As interest rates increase, and credit tightens, like it's safe to say that these various banks that have died are probably somewhat distracted from handing out auto loans. If you're on the way to the cemetery, increasing their auto loan portfolio is not the first thing on their mind.And when you couple this with data recently released by the Federal Reserve, it does become very clear that banks are tightening their lending standards loan size portfolio for auto loans tremendously, the strictest in recent history, with the exception being 2020.Federal Reserve (FRED)Demand Is A ConcernAnother risk we evaluate is Tesla's ambiguity when it comes to pricing. In 2021, at a time when cars were in short-supply and trading well above MSRP, Tesla could exert tremendous leverage and continually raise prices.We can also see this in Tesla's used car price data, which saw a huge increase in 2021 and recently collapsed, along with Tesla's gross margins. In Q1 2022, Tesla reached record gross margins of 29.1%, and it is right now standing at 19.3% in Q1. Even if we take Model Y, for example, the price decline in Q2 continued, with little improvement in sight.CarGurusIt is also important to note that Tesla first cut prices sharply in the middle of the first quarter, and so we most likely have not yet seen a spike in margin pressure, as we should see the full effect of the price cuts in the second quarter. And that's without taking into account further price declines in the coming month. Used car prices for Model Y went from $73,241 at the peak to $50,302 now, which is a huge change of -31.32%.Elon Musk also seemed rather reluctant to talk about demand during the Q1 call, telling investors mainly that:I think the overall thing we can say is that orders are in excess of production. (Q1 Earnings Call.)Which is perhaps a bit of a cop-out, as orders are likely to be in excess of production if Tesla merely keeps cutting prices. It also seems that Elon is fully prepared to cut prices, which may affect margins in order to still meet volume targets and monetize the fleet with FSD Beta later on, which we think is a risky strategy to say the least:We've taken a view that pushing for higher volumes and a larger fleet is the right choice here versus a lower volume and higher margin. However, we expect our vehicles, over time, will be able to generate significant profit through autonomy. So we do believe we're like laying the groundwork here, and then it's better to ship a large number of cars at a lower margin, and subsequently, harvest that margin in the future as we perfect autonomy.If we actually start looking at the inventory for hints of future potential price cuts, the stock on some models seems to be high in certain regions. Especially in Europe, where the Model Y is especially in high inventory, and the Model 3 which has also seen inventory growth in the United States.Tesla InfoIn China, deliveries and production do seem to be going according to plan and are arguably in line with expectations, although they lag a bit behind BYD in the month of April.CnEVPostTesla cut prices in China mainly late last year/first quarter of this year, and has kept prices strong since then, which means we expect less impact in terms of margins for China for the second quarter unless prices get cut again. For example, the standard Model Y currently sells in China for just RMB 263,900, or $37,592.Overall, Tesla is not the only one with big ambitions to capture the EV car market in China, as BYD has set a goal of selling 3.6 million EVs and PHEVs by 2023.CnEVPostThe Macro StormAnd so, in terms of what the next 12 months look like, we think there are immense macroeconomic risks ahead for Tesla. Elon Musk believes that, too, as he has hinted on Twitter and in a recent interview with CNBC, in which he indicated that the Fed is operating with \"too much latency.\"This is evidenced by the spread between 10-year and 3-month interest rates, which is now over -166 bp, more than in 2008 and the most since the 1980s. This essentially screams that there are short- to medium-term economic problems ahead.Federal Reserve (FRED)Tesla is expected by Elon Musk himself and Wall Street to achieve $100.27 billion in revenue for fiscal year 2023. Tesla's gross margins have historically been relatively close to those of Toyota Motor Corporation (TM) & BYD Company Limited (OTCPK:BYDDF) until 2021, when Tesla's gross margins varied widely.However, these gross margins have currently returned to average, and one may wonder if this was just temporary pricing power rather than permanent. We believe this may be due to extremely favorable macroeconomic conditions combined with little competition on the EV front and less supply chain disruption due to Tesla's high vertical integration.TIKR TerminalRegardless, we stand by our conclusion that we think gross margins in Q2 and probably in FY2023 will be lower than Q1 figures, because prices were not significantly reduced until midway through Q1 and smaller reductions occurred in Q2.Keeping with Q1 margins, and taking into account a gross margin of about 19%, we think Tesla will bring in $19 billion in gross revenue. Operating expenses, despite the scale-up, have remained flat at about $1.85 billion per quarter, and we think that will continue. In other words, we think operating income for fiscal year 2023 is expected to be about $11.60 billion. This would be in line with the 12-month operating income trend, which has recently remained flat.TIKR TerminalThis trend, perhaps worryingly, is also evident based on free cash flow. Over the past 12 months, free cash flow was $5.78 billion (CFO-CapEx). However, if we were to measure actual profitability and take into account stock-based compensation, we would be left with about $4.22 billion on a TTM basis. This contrasts with the $560.65BN market capitalization, so downside risk protection is questionable at 132x Adjusted FCF (TTM).TIKR TerminalTesla's Chinese counterpart, BYD for example, also got hit in terms of Free Cash Flow (\"FCF\") recently, but still brought in $3.93BN worth of FCF despite headwinds on a TTM basis. Unlike Tesla, however, it is currently valued at $101.19BN or 25.75x TTM Free Cash Flow. At BYD's valuation, Tesla would be trading at a $148.83BN market cap, not even adjusting for stock-based compensation.TIKR TerminalEven if we try to make the valuation work from an EBIT perspective, we don't see how Tesla would now trade well below intrinsic value. As we said earlier, we think operating income comes out to $11.60 billion for FY2023.From a top-line perspective, as we also indicated earlier, it is expected to come out somewhere at $100BN, or a 23% increase for 2023. Wall Street Estimates expect 29.21% growth for 2024, and revenue growth in the years after that will also slow to low double digits. If we give Tesla the benefit of the doubt, at a PEG ratio of 1, or a ratio of 30x Operating Income at 30% growth, we would arrive at a market cap of $348BN.That would be closer to the bottom from early this year, around $110. At the current $560.65BN market cap and a P/FCF multiple of 20x, we expect Tesla to have to put in 28.03BN of FCF on an annualized basis, which is a far cry from its current $5.78BN of TTM FCF.Data by YChartsThe main problem, we currently have with Tesla is that it seems the company is increasing the number of cars at the expense of margin. To what extent this is due to macroeconomic pressures, competition, or market saturation in general may be a bit too early to guess. It seems to us that a next-generation platform is indeed needed at a lower MSRP to sell both volume and margin, but there is currently renewed speculation about what the margins will be.TIKR TerminalEven if we were to ignore the $5.78BN of FCF on a TTM basis, and take the highest FCF generated by Tesla on a TTM basis, which was $8.91BN last year at a 30x P/FCF multiple, we would only end up with $267.3BN or $84.32 per share.The Ace Of SpadesFinally, just because we think bottom-line performance is unlikely to be driven by hardware sales does not mean Elon Musk cannot have a couple of aces up his sleeves.Tesla FSD could potentially unlock an immense amount of value if their fleet could be deployed as a robotaxi fleet. Tesla's FSD is getting close to perfection, although \"close enough\" is not nearly enough when it comes to self-driving. And it remains to be seen when/if they would actually be allowed to deploy their FSD full scale, only using cameras as Elon Musk himself would like. Needless to say, it won't be there tomorrow, or maybe even in the next few years. Other competitors such as Waymo of Alphabet Inc. (GOOG, GOOGL) and Cruise of General Motors (GM), are already active, although they use other equipment such as Radar/ Lidar, sensors and pre-mapped locations.There are also opportunities such as using this data collected through FSD and applying their AI with their Optimus robot, which could create an incredible future mass-market product, although it won't be there tomorrow, either. The same goes for the application of their AI expertise for generative AI and other software products. We think it's too much speculation for now. Insiders have not been shy about selling lately, either: Elon's brother Kimbal exercised options and also sold $19.5M worth of shares.OpenInsiderTechnically, everything also seems to point in the direction of downward movement. We currently see Tesla trading in a downward channel, heading towards the previous lows from earlier this year around $100.Tradingview, Wright's ResearchAlso on a Fibonacci retracement, it appears that the stock hit the lower limit of the trading range earlier this year at about $105, and rebounded strongly from this support level and was rejected at the upper limit of the 50% level at $214. Our technical analysis in line with the fundamentals and macroeconomic view leads us to believe that Tesla is likely headed for its 2023 lows, and could perhaps be considered a buy at such levels.Tradingview, Wright's ResearchThe Bottom LineWhile Tesla offers very bright future prospects in automation, AI and robotics, given the fundamental and macroeconomic outlook, it remains too speculative for us to touch.Margins have plummeted, prices have been cut, and banks are tightening credit en masse. Therefore, we think Tesla is heading into the perfect storm in the second quarter. Until Tesla, Inc. again shows margin improvements while increasing sales, or trades at lower multiples closer to its industry peers, we keep our \"hold\" rating, as we think Tesla's fair value/ intrinsic value is closer to its previous lows at $100.Other companies such as BYD, which is extremely similar in terms of free cash flow and growth rates, are trading at less than 1/5 of Tesla's current market capitalization. The next 12 months will be very difficult for Tesla, Inc., and Elon Musk has not been shy about announcing this to shareholders. Yet the stock is up more than 42% YTD, which does not reflect this sentiment. As Elon Musk said at the annual shareholder meeting:This is going to be a challenging 12 months, I sort of want to be realistic about it that Tesla is not immune to the global economic environment. I expect things to be just at a macroeconomic level difficult for at least the next 12 months. Like, Tesla will get through it, and we'll do well and I think we'll see a lot of companies go bankrupt. I want to make sure this is not just the \"good news parade.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9006245632,"gmtCreate":1641773238792,"gmtModify":1676533646263,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Always STUCKED,never move","listText":"Always STUCKED,never move","text":"Always STUCKED,never move","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006245632","repostId":"1126310439","repostType":2,"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575263084566569","authorId":"3575263084566569","name":"Tan123","avatar":"https://static.tigerbbs.com/f62a61b3de783a68b73436f05185453a","crmLevel":1,"crmLevelSwitch":0,"idStr":"3575263084566569","authorIdStr":"3575263084566569"},"content":"move too much will trigger circuit breaker","text":"move too much will trigger circuit breaker","html":"move too much will trigger circuit breaker"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187861001031728,"gmtCreate":1686892310206,"gmtModify":1686892313957,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"People always looked forward but this one always looked at rear mirror!","listText":"People always looked forward but this one always looked at rear mirror!","text":"People always looked forward but this one always looked at rear mirror!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187861001031728","repostId":"2343707901","repostType":4,"repost":{"id":"2343707901","kind":"highlight","pubTimestamp":1686873667,"share":"https://ttm.financial/m/news/2343707901?lang=&edition=fundamental","pubTime":"2023-06-16 08:01","market":"us","language":"en","title":"Market's Starting To Look Like 1987","url":"https://stock-news.laohu8.com/highlight/detail?id=2343707901","media":"Seekingalpha","summary":"iantfoto We are not makers of history. We are made by history. - Martin Luther King, Jr. History doesn't exactly repeat, and we always have to be mindful of comparisons where there isn't a large sample size, but could 2023 play out like 1987?","content":"<html><head></head><body><blockquote><em>We are not makers of history. We are made by history. - Martin Luther King, Jr.</em></blockquote><p>History doesn&#39;t exactly repeat, and we always have to be mindful of comparisons where there isn&#39;t a large sample size, but could 2023 play out like 1987?</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da6daaf214e67ba84b0a44522ccc7e21\" tg-width=\"537\" tg-height=\"709\"/></p><p>Twitter</p><h2>The Stock Market in 1987: A Synopsis</h2><h3>The Phenomenon of the &#34;Melt-Up&#34;</h3><p>In 1987, the stock market experienced a unique phenomenon known as a &#34;melt-up.&#34; This occurrence is characterized by a sharp improvement in the performance of the stock market due to a surge in market sentiment and investor interest. During such a phase, stock prices escalate rapidly, often outpacing their underlying fundamentals. The <a href=\"https://laohu8.com/S/DJS\">Dow Jones</a> Industrial Average (DJI) had a significant move for several months, and good times were rolling.</p><h3>The Crash of 1987</h3><p>Following the melt-up, the market faced a significant downturn, popularly known as the &#34;Black Monday&#34; crash. On October 19, 1987, the Dow Jones Industrial Average plummeted by almost 22%, marking its biggest single-day decline.</p><h3>The Role of the Federal Reserve</h3><p>The Federal Reserve played a pivotal role during this tumultuous period in 1987. The central bank adjusted its policies and interest rates in an attempt to stabilize the market. These actions had far-reaching implications, influencing not only the U.S. economy but also the global financial markets.</p><h2>Market Performance: Comparing 1987 and 2023</h2><h3>Market Gains</h3><p>In 1987, the Dow Jones Industrial Average (DJI) at this point year to date was up 25%, while the NASDAQ 100-Index (NDX, QQQ) in 2023 so far is up a staggering 39%, mainly driven by manic behavior in select stocks around AI such as Nvidia (NVDA) and Microsoft (MSFT). History doesn&#39;t repeat but often rhymes, and a year-to-date path correlation of 0.74 is worth focusing on.</p><h3>Market Sentiment</h3><p>Market sentiment plays a significant role in driving stock market trends. The overconfidence and bullish sentiment observed in 2023 likely resembles the market mood of 1987. This similarity raises the question of whether history might repeat itself, leading to a potential market correction or downturn.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5131d0844cb4f2f9db87e28b84802752\" tg-width=\"535\" tg-height=\"226\"/></p><p>Twitter</p><h2>Conclusion: No One Knows</h2><p>While the comparison between the stock market in 1987 and 2023 offers intriguing insights, it is crucial to remember that the stock market&#39;s performance is influenced by a multitude of factors. Therefore, predicting its trajectory with absolute certainty is impossible.</p><p>I am the furthest away from being a perma-bear, or perma-bull, as possible. The one commonality between bulls and bears is overconfidence. My base case I said back in January remains the same.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8edafd94fe3b949a2622bea17777d15\" tg-width=\"535\" tg-height=\"283\"/></p><p>Twitter</p><p>Be careful of falling for the AI narrative of the moment. The melt-up in the NASDAQ isn&#39;t driven by AI. It&#39;s driven by people.</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>Market's Starting To Look Like 1987</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\">\nMarket's Starting To Look Like 1987\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-16 08:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4611790-markets-starting-to-look-like-1987><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We are not makers of history. We are made by history. - Martin Luther King, Jr.History doesn't exactly repeat, and we always have to be mindful of comparisons where there isn't a large sample size, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4611790-markets-starting-to-look-like-1987\">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://seekingalpha.com/article/4611790-markets-starting-to-look-like-1987","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2343707901","content_text":"We are not makers of history. We are made by history. - Martin Luther King, Jr.History doesn't exactly repeat, and we always have to be mindful of comparisons where there isn't a large sample size, but could 2023 play out like 1987?TwitterThe Stock Market in 1987: A SynopsisThe Phenomenon of the \"Melt-Up\"In 1987, the stock market experienced a unique phenomenon known as a \"melt-up.\" This occurrence is characterized by a sharp improvement in the performance of the stock market due to a surge in market sentiment and investor interest. During such a phase, stock prices escalate rapidly, often outpacing their underlying fundamentals. The Dow Jones Industrial Average (DJI) had a significant move for several months, and good times were rolling.The Crash of 1987Following the melt-up, the market faced a significant downturn, popularly known as the \"Black Monday\" crash. On October 19, 1987, the Dow Jones Industrial Average plummeted by almost 22%, marking its biggest single-day decline.The Role of the Federal ReserveThe Federal Reserve played a pivotal role during this tumultuous period in 1987. The central bank adjusted its policies and interest rates in an attempt to stabilize the market. These actions had far-reaching implications, influencing not only the U.S. economy but also the global financial markets.Market Performance: Comparing 1987 and 2023Market GainsIn 1987, the Dow Jones Industrial Average (DJI) at this point year to date was up 25%, while the NASDAQ 100-Index (NDX, QQQ) in 2023 so far is up a staggering 39%, mainly driven by manic behavior in select stocks around AI such as Nvidia (NVDA) and Microsoft (MSFT). History doesn't repeat but often rhymes, and a year-to-date path correlation of 0.74 is worth focusing on.Market SentimentMarket sentiment plays a significant role in driving stock market trends. The overconfidence and bullish sentiment observed in 2023 likely resembles the market mood of 1987. This similarity raises the question of whether history might repeat itself, leading to a potential market correction or downturn.TwitterConclusion: No One KnowsWhile the comparison between the stock market in 1987 and 2023 offers intriguing insights, it is crucial to remember that the stock market's performance is influenced by a multitude of factors. Therefore, predicting its trajectory with absolute certainty is impossible.I am the furthest away from being a perma-bear, or perma-bull, as possible. The one commonality between bulls and bears is overconfidence. My base case I said back in January remains the same.TwitterBe careful of falling for the AI narrative of the moment. The melt-up in the NASDAQ isn't driven by AI. It's driven by people.","news_type":1},"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970653674,"gmtCreate":1684413149099,"gmtModify":1684413153353,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"2053 should be better","listText":"2053 should be better","text":"2053 should be better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9970653674","repostId":"2336395804","repostType":2,"repost":{"id":"2336395804","kind":"highlight","pubTimestamp":1684423500,"share":"https://ttm.financial/m/news/2336395804?lang=&edition=fundamental","pubTime":"2023-05-18 23:25","market":"us","language":"en","title":"Prediction: 2 Growth Stocks Will Be Worth $2 Trillion by 2033 (Besides Apple and Microsoft)","url":"https://stock-news.laohu8.com/highlight/detail?id=2336395804","media":"Motley Fool","summary":"These growth stocks could join Apple and Microsoft in the $2 trillion club by 2033.","content":"<html><head></head><body><h2 style=\"text-align: start;\">KEY POINTS</h2><ul><li><p>Apple and Microsoft are the two most valuable companies in the world, and both have already crossed the $2 trillion threshold.</p></li><li><p>Tesla’s strong competitive position in electric vehicles and autonomous vehicles could propel the company to a $2 trillion valuation by 2033.</p></li><li><p>Alphabet’s dominance in digital advertising and its growing cloud computing business could help the company achieve a $2 trillion valuation by 2033.</p></li></ul><p>A decade ago, <strong>Apple </strong>and <strong>ExxonMobil</strong> were the most valuable companies in the world, but neither had a market cap exceeding $600 billion. Today, Apple and <strong>Microsoft</strong> are the most valuable companies in the world, and both have a market cap exceeding $2 trillion. Investors should ask themselves what changes the next decade will bring.</p><p>Here are two growth stocks that could join Apple and Microsoft in the $2 trillion club by 2033.</p><h2>1. Tesla</h2><p><strong>Tesla</strong>&#39;s current market cap of $535 billion would need to increase about 3.7-fold over the next decade, or 14% annually, to reach $2 trillion. But some analysts expect the company to blow by that figure well before 2033. For instance, Ark Invest believes Tesla will have a market cap between $4.4 trillion and $7.9 trillion by 2027. That may be optimistic -- although Ark has been right about Tesla in the past -- but that forecast makes $2 trillion look easy.</p><p>Tesla led the industry last year in battery electric vehicle sales, with an 18.2% market share, and management expects to grow deliveries by 50% annually over the long term. The company also reported the highest operating margin among volume carmakers last year, meaning Tesla is more profitable than its peers, and management says its margins will remain the highest in the industry. Collectively, those predictions put Tesla in a good position. Electric vehicle (EV) sales are forecast to grow at 23% annually through 2032, but Tesla believes it will outpace that figure while maintaining higher margins than its competition.</p><p>Investors have good reason to believe that narrative. CEO Elon Musk says Tesla has the most advanced manufacturing technology on the planet, and Cairn Energy Research Advisors says Tesla will be able to produce battery packs (the most expensive part of an EV) at a lower cost per kilowatt-hour than any other automaker through the end of the decade. But management expects full self-driving (FSD) software to be a real profit driver in the long run.</p><p>Tesla has a big advantage when it comes to autonomous vehicles. Data is the foundation of artificial intelligence (AI), and Tesla has more autopilot-enabled cars on the road than any competitor, meaning it has more data to train the AI models that power its FSD platform. Musk also believes the in-car supercomputer that runs Tesla&#39;s FSD software is the most efficient inference computer in the world. Collectively, those advantages position Tesla as an early leader in the autonomous vehicle market, and Precedence Research expects that market to grow at 39% annually through 2030.</p><p>Here&#39;s the bottom line: Given Tesla&#39;s strong position in two quickly expanding markets, investors can reasonably expect annualized sales growth of at least 25% over the next decade. That estimate is conservative compared to its annualized sales growth of 47% over the last five years. Assuming Tesla hits that mark, its market cap could increase 3.7-fold to $2 trillion while its price-to-sales ratio falls to 2.5 times sales, a discount to the current 6.9 times sales.</p><h2>2. Alphabet</h2><p><strong>Alphabet</strong> is much closer than Tesla to the $2 trillion milestone. Its current market cap of $1.4 trillion falls just 43% shy of that threshold, meaning it needs to grow at just 3.6% annually over the next decade.</p><p>The investment thesis for Alphabet is simple: Google Search is the most popular search engine, and YouTube is the most popular streaming service, and their popularity makes Alphabet an irreplaceable advertising partner for many brands. In fact, the company accounted for nearly 30% of global digital ad spending last year, according to eMarketer. Alphabet may lose some market share in the coming years, but it will likely maintain its leadership position. That puts the company in a good spot because the ad tech market is expected to grow at 14% annually through 2030.</p><p>Alphabet is also gaining ground in cloud computing. Google Cloud Platform held a 10% market share in cloud infrastructure and platform services in the first quarter, up from 8% last year, and its expertise in AI could be a significant growth driver in the coming years. Alphabet may not have a viral application like ChatGPT yet, but experts have recognized the company as a leader in AI infrastructure, conversational AI platforms, and AI-powered document analytics. That bodes well for the company because the AI software market could grow as fast as 42% annually through 2030, and the broader cloud computing market is expected to grow at 14% annually through the end of the decade.</p><p>Here&#39;s the bottom line: Alphabet has a strong competitive position in digital advertising and cloud computing, two markets expected to grow at 14% annually through the end of the decade. Shares currently trade at a reasonable 5.1 times sales, but if Alphabet grows revenue at 10% annually over the next decade -- a conservative estimate given its annualized revenue growth of 19% over the last five years -- its market cap could reach $2 trillion while its valuation multiple falls to an even more reasonable 2.7 times sales.</p><p>Of course, Alphabet may grow revenue more quickly than 10% annually given its strong presence in several quickly expanding markets, so its market cap could top $2 trillion long before 2033.</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>Prediction: 2 Growth Stocks Will Be Worth $2 Trillion by 2033 (Besides Apple and Microsoft)</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\">\nPrediction: 2 Growth Stocks Will Be Worth $2 Trillion by 2033 (Besides Apple and Microsoft)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-18 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/05/17/2-growth-stocks-worth-2-trillion-besides-apple/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSApple and Microsoft are the two most valuable companies in the world, and both have already crossed the $2 trillion threshold.Tesla’s strong competitive position in electric vehicles and ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/05/17/2-growth-stocks-worth-2-trillion-besides-apple/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4528":"SaaS概念","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0079474960.USD":"联博美国增长基金A","GOOG":"谷歌","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4514":"搜索引擎","GOOGL":"谷歌A","LU0080751232.USD":"富达环球多元动力基金A","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","BK4571":"数字音乐概念","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4505":"高瓴资本持仓","BK4512":"苹果概念","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","TSLA":"特斯拉","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4527":"明星科技股","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4574":"无人驾驶","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU0882574139.USD":"富达环球消费行业基金A ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0557290698.USD":"施罗德环球可持续增长基金","BK4532":"文艺复兴科技持仓","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2023/05/17/2-growth-stocks-worth-2-trillion-besides-apple/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2336395804","content_text":"KEY POINTSApple and Microsoft are the two most valuable companies in the world, and both have already crossed the $2 trillion threshold.Tesla’s strong competitive position in electric vehicles and autonomous vehicles could propel the company to a $2 trillion valuation by 2033.Alphabet’s dominance in digital advertising and its growing cloud computing business could help the company achieve a $2 trillion valuation by 2033.A decade ago, Apple and ExxonMobil were the most valuable companies in the world, but neither had a market cap exceeding $600 billion. Today, Apple and Microsoft are the most valuable companies in the world, and both have a market cap exceeding $2 trillion. Investors should ask themselves what changes the next decade will bring.Here are two growth stocks that could join Apple and Microsoft in the $2 trillion club by 2033.1. TeslaTesla's current market cap of $535 billion would need to increase about 3.7-fold over the next decade, or 14% annually, to reach $2 trillion. But some analysts expect the company to blow by that figure well before 2033. For instance, Ark Invest believes Tesla will have a market cap between $4.4 trillion and $7.9 trillion by 2027. That may be optimistic -- although Ark has been right about Tesla in the past -- but that forecast makes $2 trillion look easy.Tesla led the industry last year in battery electric vehicle sales, with an 18.2% market share, and management expects to grow deliveries by 50% annually over the long term. The company also reported the highest operating margin among volume carmakers last year, meaning Tesla is more profitable than its peers, and management says its margins will remain the highest in the industry. Collectively, those predictions put Tesla in a good position. Electric vehicle (EV) sales are forecast to grow at 23% annually through 2032, but Tesla believes it will outpace that figure while maintaining higher margins than its competition.Investors have good reason to believe that narrative. CEO Elon Musk says Tesla has the most advanced manufacturing technology on the planet, and Cairn Energy Research Advisors says Tesla will be able to produce battery packs (the most expensive part of an EV) at a lower cost per kilowatt-hour than any other automaker through the end of the decade. But management expects full self-driving (FSD) software to be a real profit driver in the long run.Tesla has a big advantage when it comes to autonomous vehicles. Data is the foundation of artificial intelligence (AI), and Tesla has more autopilot-enabled cars on the road than any competitor, meaning it has more data to train the AI models that power its FSD platform. Musk also believes the in-car supercomputer that runs Tesla's FSD software is the most efficient inference computer in the world. Collectively, those advantages position Tesla as an early leader in the autonomous vehicle market, and Precedence Research expects that market to grow at 39% annually through 2030.Here's the bottom line: Given Tesla's strong position in two quickly expanding markets, investors can reasonably expect annualized sales growth of at least 25% over the next decade. That estimate is conservative compared to its annualized sales growth of 47% over the last five years. Assuming Tesla hits that mark, its market cap could increase 3.7-fold to $2 trillion while its price-to-sales ratio falls to 2.5 times sales, a discount to the current 6.9 times sales.2. AlphabetAlphabet is much closer than Tesla to the $2 trillion milestone. Its current market cap of $1.4 trillion falls just 43% shy of that threshold, meaning it needs to grow at just 3.6% annually over the next decade.The investment thesis for Alphabet is simple: Google Search is the most popular search engine, and YouTube is the most popular streaming service, and their popularity makes Alphabet an irreplaceable advertising partner for many brands. In fact, the company accounted for nearly 30% of global digital ad spending last year, according to eMarketer. Alphabet may lose some market share in the coming years, but it will likely maintain its leadership position. That puts the company in a good spot because the ad tech market is expected to grow at 14% annually through 2030.Alphabet is also gaining ground in cloud computing. Google Cloud Platform held a 10% market share in cloud infrastructure and platform services in the first quarter, up from 8% last year, and its expertise in AI could be a significant growth driver in the coming years. Alphabet may not have a viral application like ChatGPT yet, but experts have recognized the company as a leader in AI infrastructure, conversational AI platforms, and AI-powered document analytics. That bodes well for the company because the AI software market could grow as fast as 42% annually through 2030, and the broader cloud computing market is expected to grow at 14% annually through the end of the decade.Here's the bottom line: Alphabet has a strong competitive position in digital advertising and cloud computing, two markets expected to grow at 14% annually through the end of the decade. Shares currently trade at a reasonable 5.1 times sales, but if Alphabet grows revenue at 10% annually over the next decade -- a conservative estimate given its annualized revenue growth of 19% over the last five years -- its market cap could reach $2 trillion while its valuation multiple falls to an even more reasonable 2.7 times sales.Of course, Alphabet may grow revenue more quickly than 10% annually given its strong presence in several quickly expanding markets, so its market cap could top $2 trillion long before 2033.","news_type":1},"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575712158925738","authorId":"3575712158925738","name":"JP24","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"idStr":"3575712158925738","authorIdStr":"3575712158925738"},"content":"Lol.. u want 30 years of lost decade isit.. 🤣","text":"Lol.. u want 30 years of lost decade isit.. 🤣","html":"Lol.. u want 30 years of lost decade isit.. 🤣"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9037429989,"gmtCreate":1648167806767,"gmtModify":1676534312092,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Will continue to rise till 1.4k","listText":"Will continue to rise till 1.4k","text":"Will continue to rise till 1.4k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037429989","repostId":"2222257070","repostType":2,"repost":{"id":"2222257070","kind":"highlight","pubTimestamp":1648167432,"share":"https://ttm.financial/m/news/2222257070?lang=&edition=fundamental","pubTime":"2022-03-25 08:17","market":"us","language":"en","title":"Why Tesla Stock Zoomed Higher Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2222257070","media":"Motley Fool","summary":"Two news items are helping to push Tesla stock higher today.","content":"<html><head></head><body><h2>What happened</h2><p><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>  stock has the pedal to the metal. For the eighth day in a row, shares of the electric car superstar roared higher -- closed 1.48% higher on Thursday.</p><p>A couple of positive news items today may explain why Tesla shares continue to zoom higher.</p><p><img src=\"https://static.tigerbbs.com/d1f5da4b79cdf2d1ebdacb6ec349933d\" tg-width=\"700\" tg-height=\"457\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><h2>So what</h2><p>News item No. 1: You probably heard last year when rental car kingpin <b>Hertz</b> said it was ordering 100,000 pricey new Teslas to add to its rental car fleet, right? At first, those were going to be largely Model 3 sedans, Tesla&#39;s cheapest electric car (if still not exactly cheap at $47,000). Well, last night, Reuters reported that Hertz will also be buying some Model Y crossovers from Tesla as well -- and <i>those</i> electro-buggies don&#39;t roll off the car lot for less than $63,000.</p><p>Long story short, for every single Model Y Hertz buys from Tesla, instead of a Model 3, Tesla investors can expect to see 34% more revenue for their Tesla stock.</p><h2>Now what</h2><p>Selling electric cars is good business for Tesla, accounting for about 95% of Tesla&#39;s $53.8 billion in revenue last year, according to data from S&amp;P Global Market Intelligence. But electric cars don&#39;t go very far without batteries to operate them -- which brings us to news item No. 2:</p><p>As Reuters also reported last night, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of Tesla&#39;s battery suppliers, LG Energy Solution, has announced that it will spend $1.4 billion to build a battery factory in Arizona. LG says the factory will supply both &#34;prominent start-ups&#34; and other car companies in North America, presumably referring to LG customers <b>Lucid Group</b> and also to Tesla.</p><p>Reuters reports that the new LG factory won&#39;t reach &#34;mass production&#34; levels before 2024, but construction will begin in Q2 2022 -- which begins just eight days from today, and promises a relatively quick influx of new battery supplies for Tesla. Considering that Tesla CEO Elon Musk has highlighted battery supply as &#34;<i>the</i> limiting factor&#34; (emphasis added) in Tesla being able to ramp up car production over the next few years, LG&#39;s entry into Arizona can only be good news for Tesla stock.</p><p>And that&#39;s exactly how Tesla investors are treating it today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Stock Zoomed Higher 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\">\nWhy Tesla Stock Zoomed Higher Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-25 08:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/24/why-tesla-stock-zoomed-higher-again/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedTesla Motors  stock has the pedal to the metal. For the eighth day in a row, shares of the electric car superstar roared higher -- closed 1.48% higher on Thursday.A couple of positive ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/24/why-tesla-stock-zoomed-higher-again/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4527":"明星科技股","BK4555":"新能源车","BK4581":"高盛持仓","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4099":"汽车制造商","BK4511":"特斯拉概念","BK4574":"无人驾驶","BK4548":"巴美列捷福持仓","TSLA":"特斯拉","BK4551":"寇图资本持仓"},"source_url":"https://www.fool.com/investing/2022/03/24/why-tesla-stock-zoomed-higher-again/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2222257070","content_text":"What happenedTesla Motors  stock has the pedal to the metal. For the eighth day in a row, shares of the electric car superstar roared higher -- closed 1.48% higher on Thursday.A couple of positive news items today may explain why Tesla shares continue to zoom higher.Image source: Getty Images.So whatNews item No. 1: You probably heard last year when rental car kingpin Hertz said it was ordering 100,000 pricey new Teslas to add to its rental car fleet, right? At first, those were going to be largely Model 3 sedans, Tesla's cheapest electric car (if still not exactly cheap at $47,000). Well, last night, Reuters reported that Hertz will also be buying some Model Y crossovers from Tesla as well -- and those electro-buggies don't roll off the car lot for less than $63,000.Long story short, for every single Model Y Hertz buys from Tesla, instead of a Model 3, Tesla investors can expect to see 34% more revenue for their Tesla stock.Now whatSelling electric cars is good business for Tesla, accounting for about 95% of Tesla's $53.8 billion in revenue last year, according to data from S&P Global Market Intelligence. But electric cars don't go very far without batteries to operate them -- which brings us to news item No. 2:As Reuters also reported last night, one of Tesla's battery suppliers, LG Energy Solution, has announced that it will spend $1.4 billion to build a battery factory in Arizona. LG says the factory will supply both \"prominent start-ups\" and other car companies in North America, presumably referring to LG customers Lucid Group and also to Tesla.Reuters reports that the new LG factory won't reach \"mass production\" levels before 2024, but construction will begin in Q2 2022 -- which begins just eight days from today, and promises a relatively quick influx of new battery supplies for Tesla. Considering that Tesla CEO Elon Musk has highlighted battery supply as \"the limiting factor\" (emphasis added) in Tesla being able to ramp up car production over the next few years, LG's entry into Arizona can only be good news for Tesla stock.And that's exactly how Tesla investors are treating it today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994975990,"gmtCreate":1661562008512,"gmtModify":1676536541097,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"This is what i called informative,thnx","listText":"This is what i called informative,thnx","text":"This is what i called informative,thnx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994975990","repostId":"2262977847","repostType":4,"repost":{"id":"2262977847","kind":"highlight","pubTimestamp":1661561509,"share":"https://ttm.financial/m/news/2262977847?lang=&edition=fundamental","pubTime":"2022-08-27 08:51","market":"us","language":"en","title":"Why Investors Should Ignore the Fed, Interest Rates, and Most News","url":"https://stock-news.laohu8.com/highlight/detail?id=2262977847","media":"TheStreet","summary":"The stock market often makes big moves based on short-term news. When Jerome Powell mentions that in","content":"<html><head></head><body><p>The stock market often makes big moves based on short-term news. When Jerome Powell mentions that interest rates may continue to rise to combat inflation, the Dow and Nasdaq generally drop -- unless they don&#39;t because people expected worse or assume that the news was already priced into the market.</p><p>It&#39;s an inexact science where people make reactionary moves that send markets up or down based on some sort of prevailing wisdom. Basically, people take short-term news and conflate it to have long-term meaning.</p><p>The media -- of which I have been a member for roughly 30 years -- do not generally help calm the short-term hysteria.</p><p>People don&#39;t get paid to go on cable-news channels to express<b> </b>reasoned long-term opinions. They&#39;re supposed to fire off hot takes, which make it seem as if the Fed&#39;s rate move or the monthly jobs number has a huge<b> </b>impact on the stock market.</p><p>In reality, broader economic conditions clearly have an impact on individual stocks, but that&#39;s not nearly as simple as people would have you believe.</p><p>For example, a weakening economy might be worse for <a href=\"https://laohu8.com/S/AAPL\">Apple</a>  because people might be wary of buying expensive new phones. Or the same economy could benefit Apple because consumers will hold back on vacations, new cars, and other expensive purchases and spend on more-affordable luxuries like streaming TV, music, and fitness, or maybe even a new phone, which is a lot cheaper than many vacations.</p><h2>Short-Term Stock Market Moves Don&#39;t Much Matter</h2><p>A lot of people day-trade and try to guess how the market might perform day-to-day or even hour-to-hour. Long-term investors buy good companies and hold them for years. That&#39;s how the average person can build wealth, and it&#39;s a strategy that does not depend on you trying to figure out what Federal Reserve Chairman Jerome Powell&#39;s comment or any Fed move means at a micro level.</p><p>Instead, every news report is a piece of a bigger puzzle. Yes, the country&#39;s long-term financial health tells you things about how various companies will perform, but isolated data points generally mean very little.</p><p>If we go back to looking at Apple, for example, the company&#39;s quarterly earnings reports often show double-digit growth in every category -- and the stock price falls after the report. Sometimes that&#39;s because investors expected more or analysts didn&#39;t like the outlook management described. But you can&#39;t judge companies based on one quarter.</p><p>When you assess an earnings report, you have to compare it with the company&#39;s long-term road map. Did Apple, for example, grow service revenue, something the tech giant has been working on for years? Are long-term sales goals being met even if they&#39;re not happening in exactly the way the company thought they might?</p><p>For example, when Apple introduces the new iPhone, in September, sales may be front-loaded or people may wait a few weeks, until the holiday season, before they buy. In a broader sense, many customers may wait until their current phone gets paid off. It&#39;s a 12-month cycle where the destination, not how you get there, matters.</p><h2>So Much Noise, So Little News</h2><p>It&#39;s a 24-hour/7-day-a-week news cycle, and media outlets tied to that wheel can&#39;t tell you that what&#39;s happening in the moment is one data point of many, not a meaningful, actionable item on its own.</p><p>Higher interest rates, for example, mean higher mortgage rates, which in turn could slow the housing market and bring prices down (or at least slow their growth).</p><p>That&#39;s not a simple equation. Cheaper sale prices with higher mortgage rates might increase affordability for buyers but they also slow wealth creation for sellers.</p><p>Both are interesting data points when you look at lots of different stocks, but evaluating a company&#39;s prospects is much more about how its management executes a plan while adjusting for economic conditions.</p><p><a href=\"https://laohu8.com/S/PTON\">Peloton</a> and <a href=\"https://laohu8.com/S/NFLX\">Netflix</a>, for example, have taken very different approaches to the end of the pandemic-driven boom.</p><p>Netflix always talked about how it was pulling growth forward, warning that at some point there would be quarters with slight drops. The company explained how it would get more efficient with its content spending and focus on new areas like video games to drive growth.</p><p>You can believe that strategy will work -- I&#39;m bullish on more focused content spending and I think games are lighting money on fire. But how the company executes on its clearly explained strategy means a lot more to its future than an interest rate move or whether <a href=\"https://laohu8.com/S/DIS\">Disney</a> has an Avengers movie in theaters at this exact moment.</p><p>Peloton, for its part, has never really articulated a plan for a return to growth after the pandemic pushed forward its customer acquisition. Yes, the broader economy matters more to Peloton than it does to Netflix, but you should buy, sell, or ignore the company&#39;s stock based on whether you believe in its long-term business plan, not because the cost of financing a bike just got marginally more expensive.</p><p>The media want to keep things simple. That&#39;s why the weatherperson tells you it&#39;s going to snow, how much may fall, and what the temperature will be, not the underlying science that leads to those things happening.</p><p>It&#39;s easy to conflate single data points to stock market moves because when we get data, the market moves, but those moves don&#39;t actually speak to long-term performance.</p><p>When you consider investing in a company or selling a stock you own, look at as many data points as you can, and don&#39;t make blanket assumptions that higher interest rates or a weaker economy are bad (or good) for that company.</p><p>Remember that charts, numbers, expert opinions, and everything else are tools to help you understand the bigger picture. No one of them is the last word.</p></body></html>","source":"thestreet_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Investors Should Ignore the Fed, Interest Rates, and Most News</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Investors Should Ignore the Fed, Interest Rates, and Most News\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-27 08:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/why-investors-should-ignore-the-fed-interest-rates-and-most-news><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market often makes big moves based on short-term news. When Jerome Powell mentions that interest rates may continue to rise to combat inflation, the Dow and Nasdaq generally drop -- unless ...</p>\n\n<a href=\"https://www.thestreet.com/investing/why-investors-should-ignore-the-fed-interest-rates-and-most-news\">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.thestreet.com/investing/why-investors-should-ignore-the-fed-interest-rates-and-most-news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262977847","content_text":"The stock market often makes big moves based on short-term news. When Jerome Powell mentions that interest rates may continue to rise to combat inflation, the Dow and Nasdaq generally drop -- unless they don't because people expected worse or assume that the news was already priced into the market.It's an inexact science where people make reactionary moves that send markets up or down based on some sort of prevailing wisdom. Basically, people take short-term news and conflate it to have long-term meaning.The media -- of which I have been a member for roughly 30 years -- do not generally help calm the short-term hysteria.People don't get paid to go on cable-news channels to express reasoned long-term opinions. They're supposed to fire off hot takes, which make it seem as if the Fed's rate move or the monthly jobs number has a huge impact on the stock market.In reality, broader economic conditions clearly have an impact on individual stocks, but that's not nearly as simple as people would have you believe.For example, a weakening economy might be worse for Apple  because people might be wary of buying expensive new phones. Or the same economy could benefit Apple because consumers will hold back on vacations, new cars, and other expensive purchases and spend on more-affordable luxuries like streaming TV, music, and fitness, or maybe even a new phone, which is a lot cheaper than many vacations.Short-Term Stock Market Moves Don't Much MatterA lot of people day-trade and try to guess how the market might perform day-to-day or even hour-to-hour. Long-term investors buy good companies and hold them for years. That's how the average person can build wealth, and it's a strategy that does not depend on you trying to figure out what Federal Reserve Chairman Jerome Powell's comment or any Fed move means at a micro level.Instead, every news report is a piece of a bigger puzzle. Yes, the country's long-term financial health tells you things about how various companies will perform, but isolated data points generally mean very little.If we go back to looking at Apple, for example, the company's quarterly earnings reports often show double-digit growth in every category -- and the stock price falls after the report. Sometimes that's because investors expected more or analysts didn't like the outlook management described. But you can't judge companies based on one quarter.When you assess an earnings report, you have to compare it with the company's long-term road map. Did Apple, for example, grow service revenue, something the tech giant has been working on for years? Are long-term sales goals being met even if they're not happening in exactly the way the company thought they might?For example, when Apple introduces the new iPhone, in September, sales may be front-loaded or people may wait a few weeks, until the holiday season, before they buy. In a broader sense, many customers may wait until their current phone gets paid off. It's a 12-month cycle where the destination, not how you get there, matters.So Much Noise, So Little NewsIt's a 24-hour/7-day-a-week news cycle, and media outlets tied to that wheel can't tell you that what's happening in the moment is one data point of many, not a meaningful, actionable item on its own.Higher interest rates, for example, mean higher mortgage rates, which in turn could slow the housing market and bring prices down (or at least slow their growth).That's not a simple equation. Cheaper sale prices with higher mortgage rates might increase affordability for buyers but they also slow wealth creation for sellers.Both are interesting data points when you look at lots of different stocks, but evaluating a company's prospects is much more about how its management executes a plan while adjusting for economic conditions.Peloton and Netflix, for example, have taken very different approaches to the end of the pandemic-driven boom.Netflix always talked about how it was pulling growth forward, warning that at some point there would be quarters with slight drops. The company explained how it would get more efficient with its content spending and focus on new areas like video games to drive growth.You can believe that strategy will work -- I'm bullish on more focused content spending and I think games are lighting money on fire. But how the company executes on its clearly explained strategy means a lot more to its future than an interest rate move or whether Disney has an Avengers movie in theaters at this exact moment.Peloton, for its part, has never really articulated a plan for a return to growth after the pandemic pushed forward its customer acquisition. Yes, the broader economy matters more to Peloton than it does to Netflix, but you should buy, sell, or ignore the company's stock based on whether you believe in its long-term business plan, not because the cost of financing a bike just got marginally more expensive.The media want to keep things simple. That's why the weatherperson tells you it's going to snow, how much may fall, and what the temperature will be, not the underlying science that leads to those things happening.It's easy to conflate single data points to stock market moves because when we get data, the market moves, but those moves don't actually speak to long-term performance.When you consider investing in a company or selling a stock you own, look at as many data points as you can, and don't make blanket assumptions that higher interest rates or a weaker economy are bad (or good) for that company.Remember that charts, numbers, expert opinions, and everything else are tools to help you understand the bigger picture. No one of them is the last word.","news_type":1},"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9047828859,"gmtCreate":1656898492271,"gmtModify":1676535912117,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Just take these analysis report as a pinch of salt","listText":"Just take these analysis report as a pinch of salt","text":"Just take these analysis report as a pinch of salt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047828859","repostId":"2248301833","repostType":2,"repost":{"id":"2248301833","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1656891239,"share":"https://ttm.financial/m/news/2248301833?lang=&edition=fundamental","pubTime":"2022-07-04 07:33","market":"us","language":"en","title":"Tesla's Bumpy Quarter Might Be about More Than the Step down in Deliveries","url":"https://stock-news.laohu8.com/highlight/detail?id=2248301833","media":"Dow Jones","summary":"The smooth acceleration shown by Tesla in the past two years faltered in the second quarter. Chief E","content":"<html><head></head><body><p>The smooth acceleration shown by Tesla in the past two years faltered in the second quarter. Chief Executive Elon Musk has offered hints that the problems run deeper than lockdowns in Shanghai.</p><p>On Saturday, Tesla reported quarterly deliveries of 254,695, down from 310,048 in the first three months of the year. The news came as no great surprise given the pandemic-related shutdowns that affected its Shanghai factory in April and May. The final tally was slightly below consensus expectations of 264,000, according to FactSet.</p><p>A bad quarter for sales will be a worse one for earnings, which Tesla reports on July 20. Given China&#39;s lower labor costs and established battery supply chain, it is widely assumed that the company&#39;s Shanghai operation is more profitable than its other established factory in Fremont. On top of that, the company is ramping up its new factories in Germany and Texas, which Mr. Musk described as &#34;money furnaces.&#34;</p><p>So it was an ugly quarter all round operationally, but does that matter? Tesla said June was its best month for vehicle production to date, implying that it is accelerating hard out of the problems in April and May. The production ramp-up process in its new plants was always going to be expensive. Analysts have been cutting their forecasts for 2022 deliveries, but the consensus of almost 1.39 million vehicles would still amount to an increase of almost 50% over last year&#39;s number.</p><p>Tesla isn&#39;t the only car maker experiencing problems. General Motors on Friday warned that its second-quarter profit would be lower than expected due to a large batch of unfinished vehicles that it is holding in inventory for want of specific parts.</p><p>The other news emanating from Tesla and its boss lately is arguably more concerning than the step down in deliveries. Tesla is cutting white-collar jobs, with Mr. Musk having warned last month that the car maker became &#34;overstaffed in many areas.&#34; This past week it closed one of its Silicon Valley offices.</p><p>These aren&#39;t the kind of actions companies undertake due to temporary challenges. Is Tesla overstaffed because the global economy is cooling -- Mr. Musk has been vocal on the risk of a recession -- or because supply-chain problems have slowed its longer-term plan? Are the cuts related to the CEO&#39;s concerns about staff laxity, as revealed in company emails about working from home, or to those money furnaces, which might be burning hotter than hoped? These are questions to dig into during the coming earnings call.</p><p>Then there is the issue of Twitter distraction. It still isn&#39;t clear whether Mr. Musk will follow through with his $44 billion deal to buy the social-media platform. He continues with due diligence, notably around the issue of fake accounts, but investors are skeptical it will close: Twitter shares trade 29% below the offer price. Any signs that the transaction will go ahead after all could hit Tesla&#39;s shares and sharpen questions around succession.</p><p>Mr. Musk was very upbeat in Tesla&#39;s last earnings call in April, despite the Shanghai lockdowns in force at the time. Investors need a better understanding of why the mood has soured.</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's Bumpy Quarter Might Be about More Than the Step down in Deliveries</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's Bumpy Quarter Might Be about More Than the Step down in Deliveries\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-04 07:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The smooth acceleration shown by Tesla in the past two years faltered in the second quarter. Chief Executive Elon Musk has offered hints that the problems run deeper than lockdowns in Shanghai.</p><p>On Saturday, Tesla reported quarterly deliveries of 254,695, down from 310,048 in the first three months of the year. The news came as no great surprise given the pandemic-related shutdowns that affected its Shanghai factory in April and May. The final tally was slightly below consensus expectations of 264,000, according to FactSet.</p><p>A bad quarter for sales will be a worse one for earnings, which Tesla reports on July 20. Given China&#39;s lower labor costs and established battery supply chain, it is widely assumed that the company&#39;s Shanghai operation is more profitable than its other established factory in Fremont. On top of that, the company is ramping up its new factories in Germany and Texas, which Mr. Musk described as &#34;money furnaces.&#34;</p><p>So it was an ugly quarter all round operationally, but does that matter? Tesla said June was its best month for vehicle production to date, implying that it is accelerating hard out of the problems in April and May. The production ramp-up process in its new plants was always going to be expensive. Analysts have been cutting their forecasts for 2022 deliveries, but the consensus of almost 1.39 million vehicles would still amount to an increase of almost 50% over last year&#39;s number.</p><p>Tesla isn&#39;t the only car maker experiencing problems. General Motors on Friday warned that its second-quarter profit would be lower than expected due to a large batch of unfinished vehicles that it is holding in inventory for want of specific parts.</p><p>The other news emanating from Tesla and its boss lately is arguably more concerning than the step down in deliveries. Tesla is cutting white-collar jobs, with Mr. Musk having warned last month that the car maker became &#34;overstaffed in many areas.&#34; This past week it closed one of its Silicon Valley offices.</p><p>These aren&#39;t the kind of actions companies undertake due to temporary challenges. Is Tesla overstaffed because the global economy is cooling -- Mr. Musk has been vocal on the risk of a recession -- or because supply-chain problems have slowed its longer-term plan? Are the cuts related to the CEO&#39;s concerns about staff laxity, as revealed in company emails about working from home, or to those money furnaces, which might be burning hotter than hoped? These are questions to dig into during the coming earnings call.</p><p>Then there is the issue of Twitter distraction. It still isn&#39;t clear whether Mr. Musk will follow through with his $44 billion deal to buy the social-media platform. He continues with due diligence, notably around the issue of fake accounts, but investors are skeptical it will close: Twitter shares trade 29% below the offer price. Any signs that the transaction will go ahead after all could hit Tesla&#39;s shares and sharpen questions around succession.</p><p>Mr. Musk was very upbeat in Tesla&#39;s last earnings call in April, despite the Shanghai lockdowns in force at the time. Investors need a better understanding of why the mood has soured.</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":"2248301833","content_text":"The smooth acceleration shown by Tesla in the past two years faltered in the second quarter. Chief Executive Elon Musk has offered hints that the problems run deeper than lockdowns in Shanghai.On Saturday, Tesla reported quarterly deliveries of 254,695, down from 310,048 in the first three months of the year. The news came as no great surprise given the pandemic-related shutdowns that affected its Shanghai factory in April and May. The final tally was slightly below consensus expectations of 264,000, according to FactSet.A bad quarter for sales will be a worse one for earnings, which Tesla reports on July 20. Given China's lower labor costs and established battery supply chain, it is widely assumed that the company's Shanghai operation is more profitable than its other established factory in Fremont. On top of that, the company is ramping up its new factories in Germany and Texas, which Mr. Musk described as \"money furnaces.\"So it was an ugly quarter all round operationally, but does that matter? Tesla said June was its best month for vehicle production to date, implying that it is accelerating hard out of the problems in April and May. The production ramp-up process in its new plants was always going to be expensive. Analysts have been cutting their forecasts for 2022 deliveries, but the consensus of almost 1.39 million vehicles would still amount to an increase of almost 50% over last year's number.Tesla isn't the only car maker experiencing problems. General Motors on Friday warned that its second-quarter profit would be lower than expected due to a large batch of unfinished vehicles that it is holding in inventory for want of specific parts.The other news emanating from Tesla and its boss lately is arguably more concerning than the step down in deliveries. Tesla is cutting white-collar jobs, with Mr. Musk having warned last month that the car maker became \"overstaffed in many areas.\" This past week it closed one of its Silicon Valley offices.These aren't the kind of actions companies undertake due to temporary challenges. Is Tesla overstaffed because the global economy is cooling -- Mr. Musk has been vocal on the risk of a recession -- or because supply-chain problems have slowed its longer-term plan? Are the cuts related to the CEO's concerns about staff laxity, as revealed in company emails about working from home, or to those money furnaces, which might be burning hotter than hoped? These are questions to dig into during the coming earnings call.Then there is the issue of Twitter distraction. It still isn't clear whether Mr. Musk will follow through with his $44 billion deal to buy the social-media platform. He continues with due diligence, notably around the issue of fake accounts, but investors are skeptical it will close: Twitter shares trade 29% below the offer price. Any signs that the transaction will go ahead after all could hit Tesla's shares and sharpen questions around succession.Mr. Musk was very upbeat in Tesla's last earnings call in April, despite the Shanghai lockdowns in force at the time. Investors need a better understanding of why the mood has soured.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9033859254,"gmtCreate":1646259172455,"gmtModify":1676534108159,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Temasak holding dun worry","listText":"Temasak holding dun worry","text":"Temasak holding dun worry","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9033859254","repostId":"1105686425","repostType":4,"repost":{"id":"1105686425","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1646234914,"share":"https://ttm.financial/m/news/1105686425?lang=&edition=fundamental","pubTime":"2022-03-02 23:28","market":"us","language":"en","title":"Sea Shares Slid More Than 6% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1105686425","media":"Tiger Newspress","summary":"Sea shares slid more than 6% in morning trading after its price target was lowered by several analys","content":"<html><head></head><body><p>Sea shares slid more than 6% in morning trading after its price target was lowered by several analysts.</p><p><img src=\"https://static.tigerbbs.com/91f16e2690293c444406a57ce4c750f8\" tg-width=\"840\" tg-height=\"621\" referrerpolicy=\"no-referrer\"/></p><p>Sea Limited price target lowered to $250 from $330 at Bernstein;</p><p>Sea Limited price target lowered to $200 from $295 at Cowen;</p><p>Sea Limited price target lowered to $221 from $241 at Citi.</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>Sea Shares Slid More Than 6% in Morning Trading</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\">\nSea Shares Slid More Than 6% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-03-02 23:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sea shares slid more than 6% in morning trading after its price target was lowered by several analysts.</p><p><img src=\"https://static.tigerbbs.com/91f16e2690293c444406a57ce4c750f8\" tg-width=\"840\" tg-height=\"621\" referrerpolicy=\"no-referrer\"/></p><p>Sea Limited price target lowered to $250 from $330 at Bernstein;</p><p>Sea Limited price target lowered to $200 from $295 at Cowen;</p><p>Sea Limited price target lowered to $221 from $241 at Citi.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105686425","content_text":"Sea shares slid more than 6% in morning trading after its price target was lowered by several analysts.Sea Limited price target lowered to $250 from $330 at Bernstein;Sea Limited price target lowered to $200 from $295 at Cowen;Sea Limited price target lowered to $221 from $241 at Citi.","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://community-static.tradeup.com/news/f2a1eaba26272212d42018e60e78b422","crmLevel":5,"crmLevelSwitch":0,"idStr":"3576260758860416","authorIdStr":"3576260758860416"},"content":"that y I worry","text":"that y I worry","html":"that y I worry"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187127503196192,"gmtCreate":1686724700959,"gmtModify":1686724705786,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Go n eat pranta better","listText":"Go n eat pranta better","text":"Go n eat pranta better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187127503196192","repostId":"2343567514","repostType":4,"repost":{"id":"2343567514","kind":"highlight","pubTimestamp":1686704403,"share":"https://ttm.financial/m/news/2343567514?lang=&edition=fundamental","pubTime":"2023-06-14 09:00","market":"us","language":"en","title":"Stocks Are Dangerously Overvalued With More Rate Hikes To Come","url":"https://stock-news.laohu8.com/highlight/detail?id=2343567514","media":"Seekingalpha","summary":"Douglas Rissing The CPI report shows that inflation has remained stubbornly slow to fall, with the CORE CPI rising at 5.3%, surpassing expectations for 5.2%, creating a problem for the Fed. This will ","content":"<html><head></head><body><p>The CPI report shows that inflation has remained stubbornly slow to fall, with the CORE CPI rising at 5.3%, surpassing expectations for 5.2%, creating a problem for the Fed. This will likely lead the Fed to revise its summary of economic projections to show a higher inflation outlook and more rate hikes on the dot plot.</p><p>This means that yields across the curve are likely to stay elevated and move higher in the months ahead at a time when liquidity is now being withdrawn from the overall market and equities are dangerously overvalued.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2120bacd7ae744d7a9b26b91f6d1a51d\" tg-width=\"640\" tg-height=\"286\"/></p><p>Bloomberg</p><h2>More Rate Hikes</h2><p>The market is not predicting a June rate hike, with the odds at just 10% as of this writing, and it seems unlikely that Fed will try and surprise the market, given its history. But Fed Fund futures are pricing a nearly 70% chance of a rate hike by July. With the next FOMC meeting coming at the end of July, the Fed will have more data to assess its projected rate path. However, given the hotter core CPI and searing labor market reports, it will probably mean that the dot plot will reflect another rate hike or two in 2023.</p><p>The reason is that core inflation is expected to remain sticky, and the Cleveland Fed estimates Core CPI for June at 5.1%. This means the chance the Fed is done raising rates seems slim at this point, and that will likely be reflected in the dot plots when the Summary of Economic Projections comes out.</p><p>Additionally, headline CPI on a non-seasonal adjusted basis rose by 0.3% in May. That has inflation rising at a 4.4% annualized rate of change over the past three and six months. This does suggest that it may be challenging to get inflation down now that it is entering this 3% to 4% range. It&#39;s important to remember that CPI on a year over year is measured on a non-seasonally adjusted basis, and using a seasonally adjusted CPI metric to annualize the rate of change may understate actual inflation due to changes in seasonal adjustments, which happened in 2022.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/538b5d9f6f2e8956f767d8f53d71b8c9\" tg-width=\"640\" tg-height=\"294\"/></p><p>Bloomberg</p><p>This is why bond yields aren&#39;t coming down and are rising following the CPI report. Especially when looking at the back of the curve, as markets price in a higher for longer monetary policy from the Fed, with the 30-year rate rising back to 3.92%. But more importantly, real rates are pushing higher, with the 10-Yr TIP rate now trading at 1.58% and approaching that critical level of resistance that could lead to a big break out and push to new highs.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b14a0538cce121027cd003790fb61875\" tg-width=\"640\" tg-height=\"294\"/></p><p>Bloomberg</p><p>The 10-yr TIP is a critical rate to follow because assets such as long duration growth are priced using real rates, with the Nasdaq 100 being key. The spread between the Nasdaq 100 earnings yield and the 10-yr real yield is now at 1.93%, levels not seen since the mid-2000s, when the Nasdaq was in the middle of a valuation reset from the 2000 bubble. More importantly, the Nasdaq 100 earnings yield is 235 bps below the historical average of the last 10 years.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/763a5b0d5b2b8c255726b71f988c02aa\" tg-width=\"640\" tg-height=\"363\"/></p><p>Bloomberg</p><p>The other piece of the puzzle is that liquidity is now starting to be withdrawn from the Nasdaq 100 futures market, as measured by the depth of the book. The last time the depth of the book declined was back in August of 2022, which also marked a significant top in the market.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/810669f93ed838683f831e50269496db\" tg-width=\"640\" tg-height=\"480\"/></p><p>CME Group</p><p>The addition and withdrawal of liquidity in the Nasdaq futures market in August 2022 coincided with a move up and down reserve balances held at the Federal Reserve. Currently, reserve balances are likely to decline due to the refill of the Treasury General Account. Further, as we move into the quarter end, the reverse repo activity should begin to climb, leading to lower reserves.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9fc60fcb97695095105c1677befc4bd5\" tg-width=\"640\" tg-height=\"294\"/></p><p>Bloomberg</p><p>The path for inflation is sticky and will continue not to be smooth, and if the current rate of changes remains, headline inflation could very well begin to accelerate in the second half of 2023 as the base effects of the first half of 2022 wane. Translating into yields staying elevated and leaving stock particularly vulnerable as the equity risk premium gets dangerously narrow and liquidity is withdrawn from the market.</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>Stocks Are Dangerously Overvalued With More Rate Hikes To Come</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 Are Dangerously Overvalued With More Rate Hikes To Come\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-14 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4611258-stocks-are-dangerously-overvalued-with-more-rate-hikes-to-come><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The CPI report shows that inflation has remained stubbornly slow to fall, with the CORE CPI rising at 5.3%, surpassing expectations for 5.2%, creating a problem for the Fed. This will likely lead the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4611258-stocks-are-dangerously-overvalued-with-more-rate-hikes-to-come\">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://seekingalpha.com/article/4611258-stocks-are-dangerously-overvalued-with-more-rate-hikes-to-come","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2343567514","content_text":"The CPI report shows that inflation has remained stubbornly slow to fall, with the CORE CPI rising at 5.3%, surpassing expectations for 5.2%, creating a problem for the Fed. This will likely lead the Fed to revise its summary of economic projections to show a higher inflation outlook and more rate hikes on the dot plot.This means that yields across the curve are likely to stay elevated and move higher in the months ahead at a time when liquidity is now being withdrawn from the overall market and equities are dangerously overvalued.BloombergMore Rate HikesThe market is not predicting a June rate hike, with the odds at just 10% as of this writing, and it seems unlikely that Fed will try and surprise the market, given its history. But Fed Fund futures are pricing a nearly 70% chance of a rate hike by July. With the next FOMC meeting coming at the end of July, the Fed will have more data to assess its projected rate path. However, given the hotter core CPI and searing labor market reports, it will probably mean that the dot plot will reflect another rate hike or two in 2023.The reason is that core inflation is expected to remain sticky, and the Cleveland Fed estimates Core CPI for June at 5.1%. This means the chance the Fed is done raising rates seems slim at this point, and that will likely be reflected in the dot plots when the Summary of Economic Projections comes out.Additionally, headline CPI on a non-seasonal adjusted basis rose by 0.3% in May. That has inflation rising at a 4.4% annualized rate of change over the past three and six months. This does suggest that it may be challenging to get inflation down now that it is entering this 3% to 4% range. It's important to remember that CPI on a year over year is measured on a non-seasonally adjusted basis, and using a seasonally adjusted CPI metric to annualize the rate of change may understate actual inflation due to changes in seasonal adjustments, which happened in 2022.BloombergThis is why bond yields aren't coming down and are rising following the CPI report. Especially when looking at the back of the curve, as markets price in a higher for longer monetary policy from the Fed, with the 30-year rate rising back to 3.92%. But more importantly, real rates are pushing higher, with the 10-Yr TIP rate now trading at 1.58% and approaching that critical level of resistance that could lead to a big break out and push to new highs.BloombergThe 10-yr TIP is a critical rate to follow because assets such as long duration growth are priced using real rates, with the Nasdaq 100 being key. The spread between the Nasdaq 100 earnings yield and the 10-yr real yield is now at 1.93%, levels not seen since the mid-2000s, when the Nasdaq was in the middle of a valuation reset from the 2000 bubble. More importantly, the Nasdaq 100 earnings yield is 235 bps below the historical average of the last 10 years.BloombergThe other piece of the puzzle is that liquidity is now starting to be withdrawn from the Nasdaq 100 futures market, as measured by the depth of the book. The last time the depth of the book declined was back in August of 2022, which also marked a significant top in the market.CME GroupThe addition and withdrawal of liquidity in the Nasdaq futures market in August 2022 coincided with a move up and down reserve balances held at the Federal Reserve. Currently, reserve balances are likely to decline due to the refill of the Treasury General Account. Further, as we move into the quarter end, the reverse repo activity should begin to climb, leading to lower reserves.BloombergThe path for inflation is sticky and will continue not to be smooth, and if the current rate of changes remains, headline inflation could very well begin to accelerate in the second half of 2023 as the base effects of the first half of 2022 wane. Translating into yields staying elevated and leaving stock particularly vulnerable as the equity risk premium gets dangerously narrow and liquidity is withdrawn from the market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9050379795,"gmtCreate":1654138085017,"gmtModify":1676535401554,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"I prefer tesla for long term","listText":"I prefer tesla for long term","text":"I prefer tesla for long term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050379795","repostId":"1195374277","repostType":4,"repost":{"id":"1195374277","kind":"news","pubTimestamp":1654152164,"share":"https://ttm.financial/m/news/1195374277?lang=&edition=fundamental","pubTime":"2022-06-02 14:42","market":"us","language":"en","title":"Nio vs. XPeng vs. Tesla: Which EV Ride Does the Street Prefer?","url":"https://stock-news.laohu8.com/highlight/detail?id=1195374277","media":"TipRanks","summary":"Story HighlightsElectric vehicle stocks are down year-to-date due to macro headwinds and persistent supply chain issues. However, Wall Street analysts continue to be optimistic about the long-term prospects of EV makers. But which EV stock do they expect to generate higher returns?","content":"<div>\n<p>Story HighlightsElectric vehicle stocks are down year-to-date due to macro headwinds and persistent supply chain issues. However, Wall Street analysts continue to be optimistic about the long-term ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/nio-vs-xpeng-vs-tesla-which-ev-ride-does-the-street-prefer/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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 vs. XPeng vs. Tesla: Which EV Ride Does the Street Prefer?</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 vs. XPeng vs. Tesla: Which EV Ride Does the Street Prefer?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-02 14:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/nio-vs-xpeng-vs-tesla-which-ev-ride-does-the-street-prefer/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsElectric vehicle stocks are down year-to-date due to macro headwinds and persistent supply chain issues. However, Wall Street analysts continue to be optimistic about the long-term ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/nio-vs-xpeng-vs-tesla-which-ev-ride-does-the-street-prefer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","XPEV":"小鹏汽车","TSLA":"特斯拉"},"source_url":"https://www.tipranks.com/news/article/nio-vs-xpeng-vs-tesla-which-ev-ride-does-the-street-prefer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195374277","content_text":"Story HighlightsElectric vehicle stocks are down year-to-date due to macro headwinds and persistent supply chain issues. However, Wall Street analysts continue to be optimistic about the long-term prospects of EV makers. But which EV stock do they expect to generate higher returns?Major EV stocks are in the red this year as investors moved to safer value bets from growth stocks amid soaring inflation, high interest rates and geopolitical concerns. Moreover, prolonged chip shortage and supply chain disruptions due to lockdowns in China have impacted EV production.Chinese EV stocks have been facing an additional challenge of potential delisting from U.S. exchanges due to failure to comply with audit requirements.Given this challenging backdrop, we used the TipRanks Stock Comparison tool to stack upNio, XPeng, and Tesla against each other and pick the electric vehicles stock which the Street favors.Nio (NYSE: NIO)Premium EV maker Nio has now listed its shares on Hong Kong and Singapore exchanges, thus addressing concerns about the potential delisting of its shares on the U.S. stock exchange, to some extent.Nio’s April deliveries declined due to supply chain issues and COVID-19 restrictions in China. That said, Wall Street continues to be bullish on the company’s long-term prospects.Recently, Bank of America Securities analyst Ming Hsun Leeupgraded Nio stock to a Buy from a Hold, and increased the price target to $26 from $25. Lee feels that negative factors have already been priced in and the stock is trading at attractive valuations currently. The analyst expects higher sales and better margins in the second half of this year.According to Lee, key growth catalysts for Nio include a robust model cycle and order backlog, the ability to pass on increased costs to customers through price hikes, supply chain normalization, and reduced ADR delisting concerns given Nio’s new exchange listings.Lee raised his sales volume estimates for 2022 and 2023 by 3% and 8%, respectively, based on Nio’s new model launches and the recovery in production.Other analysts are in agreement with Lee’s bullish stance, resulting in a Strong Buy consensus rating based on 14 unanimous Buys. At $40.66, the average Nio price target implies 133.81% upside potential from current levels. Shares have plunged 45% year-to-date.XPeng, Inc. (NYSE: XPEV)XPeng targets the mid- to high-end segment in China’s EV market. The company is also expanding into the European EV market.Last week, XPeng announced its Q1 results, with revenue rising nearly 153% to RMB 7.45 billion ($1.18 billion). It delivered 34,561 vehicles in Q1, up 159% year-over-year.However, the company’s adjusted loss per ADS (American depositary share) widened to RMB 1.80 ($0.28) in Q1’22 from RMB 0.88 in Q1’21 due to higher research and development expenses, increased marketing expenses, and a rise in expenses related to sales network expansion. Further, investors were disappointed with XPeng’s Q2’22 outlook, which reflected slower growth rates.Barclays analystJiong Shao lowered his price target for XPeng stock to $30 from $39 and reiterated a Buy rating. Shao feels that investors should “ignore” Q2 outlook as XPeng’s long-term thesis remains intact.Shao noted that XPeng’s production is gradually resuming and Q2 is “abnormal” due to lockdown-induced supply chain issues. Shao believes that XPeng is set to be among key beneficiaries of EV consumption stimulus.Overall, consensus among analysts is a Strong Buy on XPeng stock based on 10 Buys and one Hold. The average XPeng price target of $39.41 implies 67.70% upside potential from current levels. XPeng shares have tumbled 53% so far this year.Tesla, Inc. (NASDAQ: TSLA)While shares of other EV makers are impacted by macro headwinds, Tesla shares have an additional factor that make the stock more volatile – it’s CEO Elon Musk’s actions and tweets. Most recently, his proposed acquisition of Twitter, which he has since put on hold, has led Tesla shareholders to again question the company’s leadership. Although, it can be surmised that Musk’s outspokenness is a quality many investors appreciate.On the operational front, Tesla delivered stellar Q1 results despite supply chain woes and inflation. However, concerns continue to linger about whether Tesla will be able to meet its full-year production goal of 1.5 million vehicles as supply chain issues persist.That said, Credit Suisse analyst Dan Levy believes that the pullback in Tesla stock offers an attractive entry level given that the company’s long-term opportunities remain intact.Following a visit to the company’s Fremont facility, Levy noted that while Tesla’s manufacturing focus ahead is on its Shanghai, Berlin and Austin gigafactories, “Fremont has shown ongoing manufacturing kaizen.” Meaning improvement, Kaizen is a philosophical Japanese business term which refers to continuous small changes building up to positively affect a company from top to bottom.However, the analyst expects Tesla’s near-term, mainly Q2, performance to reflect “some regression” in its margins and total deliveries essentially due to production challenges at the Shanghai facility.Levy reiterated a Buy rating with a price target of $1,125.Overall, the Street is cautiously optimistic on Tesla with a Moderate Buy consensus rating that breaks down into 14 Buys, 10 Holds, and six Sells. The averageTesla price target of $930.55 suggests 22.72% upside potential from current levels. Shares are down 28% year-to-date.ConclusionDemand for electric vehicles remains strong despite recent price hikes by major EV makers. Wall Street analysts are currently treading carefully with regard to Tesla, while they are very bullish about Nio and XPeng. With a higher upside potential based on the Street’s average price target and a unanimous Buy rating from all analysts, Nio seems to be a better pick right now.While supply-chain issues and macro headwinds might impact near-term performance, Nio’s strong position in the Chinese EV market, expansion into new geographies, like Europe, continued innovation, and its battery-as-a-service offering make it an attractive long-term pick.","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9023798402,"gmtCreate":1652959867506,"gmtModify":1676535196551,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023798402","repostId":"1132752905","repostType":2,"repost":{"id":"1132752905","kind":"news","pubTimestamp":1652958851,"share":"https://ttm.financial/m/news/1132752905?lang=&edition=fundamental","pubTime":"2022-05-19 19:14","market":"us","language":"en","title":"Elon Musk Responds to Tesla's ESG Boot Amid Calls for a Buyback","url":"https://stock-news.laohu8.com/highlight/detail?id=1132752905","media":"Seeking Alpha","summary":"Billionaire Leo Koguan, who claims to be the third largest individual shareholder of Tesla, iscallingon the company to support its stock price via a buyback as shares continues to tumble. \"Tesla must announce immediately and buy back $5B of Tesla shares from its free cash flow this year and $10B from its free cash flow next year, without effecting its existing $18B cash reserves with ZERO debt. Fremont, Shanghai, Austin and Berlin money printing machines are running in full speed, Tesla can inve","content":"<html><head></head><body><p>As the market continues to crater, many of the once-loved names on Wall Street are getting hammered, like tech darling and retail favorite Tesla (NASDAQ:TSLA). Sliding another 2.8% to $690/share in premarket trade - followinga7% plunge on Wednesday - the EV and clean energy pioneer is off 45%over the past six months. With sentiment souring, many key players are weighing in, which comes in addition to those fearful of Elon Musk&#39;s devoted energies toward the chaotic $44B takeover of Twitter (TWTR).</p><p><i>Not helping the situation:</i> S&amp;P Dow Jones Indices (SPGI) (CME)gave Tesla (TSLA) the boot during the annual rebalancing of the S&amp;P 500&#39;s ESG Index. &#34;While Tesla may be playing its part in taking fuel-powered cars off the road, it has fallen behind its peers when examined through a wider ESG lens,&#34; commented Margaret Dorn, head of ESG indices, North America. &#34;A few of the factors related to Tesla&#39;s (lack of) low carbon strategy and codes of business conduct... A Media and Stakeholder Analysis identified two separate events centered around claims of racial discrimination and poor working conditions at Tesla&#39;s Fremont factory, as well as its handling of the NHTSA investigation after multiple deaths and injuries were linked to its autopilot vehicles.&#34;</p><p>&#34;Ridiculous,&#34;tweetedTesla (TSLA) bull and once-disruptive fund manager Cathie Wood, while Elon Musk had his own fair share to say on his upcoming privately-owned social media platform. &#34;A clear case of wacktivism. Exxon is rated top ten best in world for environment, social &amp; governance (ESG) by S&amp;P 500, while Tesla didn&#39;t make the list! ESG is a scam. It has been weaponized by phony social justice warriors.&#34;</p><p><b>Do something!</b> Billionaire Leo Koguan, who claims to be the third largest individual shareholder of Tesla, is calling on the company to support its stock price via a buyback as shares continues to tumble. &#34;Tesla must announce immediately and buy back $5B of Tesla shares from its free cash flow this year and $10B from its free cash flow next year, without effecting its existing $18B cash reserves with ZERO debt. Fremont, Shanghai, Austin and Berlin money printing machines are running in full speed, Tesla can invest in FSD, bot and factories while buying back its undervalued stocks. Shock and wake up few braindead analysts to their senses. Tesla is a Phoenix rising from the ashes.&#34;</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>Elon Musk Responds to Tesla's ESG Boot Amid Calls for a Buyback</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\">\nElon Musk Responds to Tesla's ESG Boot Amid Calls for a Buyback\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-19 19:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3840774-elon-musk-responds-to-teslas-esg-boot-amid-calls-for-a-buyback><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As the market continues to crater, many of the once-loved names on Wall Street are getting hammered, like tech darling and retail favorite Tesla (NASDAQ:TSLA). Sliding another 2.8% to $690/share in ...</p>\n\n<a href=\"https://seekingalpha.com/news/3840774-elon-musk-responds-to-teslas-esg-boot-amid-calls-for-a-buyback\">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/news/3840774-elon-musk-responds-to-teslas-esg-boot-amid-calls-for-a-buyback","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132752905","content_text":"As the market continues to crater, many of the once-loved names on Wall Street are getting hammered, like tech darling and retail favorite Tesla (NASDAQ:TSLA). Sliding another 2.8% to $690/share in premarket trade - followinga7% plunge on Wednesday - the EV and clean energy pioneer is off 45%over the past six months. With sentiment souring, many key players are weighing in, which comes in addition to those fearful of Elon Musk's devoted energies toward the chaotic $44B takeover of Twitter (TWTR).Not helping the situation: S&P Dow Jones Indices (SPGI) (CME)gave Tesla (TSLA) the boot during the annual rebalancing of the S&P 500's ESG Index. \"While Tesla may be playing its part in taking fuel-powered cars off the road, it has fallen behind its peers when examined through a wider ESG lens,\" commented Margaret Dorn, head of ESG indices, North America. \"A few of the factors related to Tesla's (lack of) low carbon strategy and codes of business conduct... A Media and Stakeholder Analysis identified two separate events centered around claims of racial discrimination and poor working conditions at Tesla's Fremont factory, as well as its handling of the NHTSA investigation after multiple deaths and injuries were linked to its autopilot vehicles.\"\"Ridiculous,\"tweetedTesla (TSLA) bull and once-disruptive fund manager Cathie Wood, while Elon Musk had his own fair share to say on his upcoming privately-owned social media platform. \"A clear case of wacktivism. Exxon is rated top ten best in world for environment, social & governance (ESG) by S&P 500, while Tesla didn't make the list! ESG is a scam. It has been weaponized by phony social justice warriors.\"Do something! Billionaire Leo Koguan, who claims to be the third largest individual shareholder of Tesla, is calling on the company to support its stock price via a buyback as shares continues to tumble. \"Tesla must announce immediately and buy back $5B of Tesla shares from its free cash flow this year and $10B from its free cash flow next year, without effecting its existing $18B cash reserves with ZERO debt. Fremont, Shanghai, Austin and Berlin money printing machines are running in full speed, Tesla can invest in FSD, bot and factories while buying back its undervalued stocks. Shock and wake up few braindead analysts to their senses. Tesla is a Phoenix rising from the ashes.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004537273,"gmtCreate":1642637228510,"gmtModify":1676533730074,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Xian","listText":"Xian","text":"Xian","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004537273","repostId":"1170504758","repostType":2,"repost":{"id":"1170504758","kind":"news","pubTimestamp":1642636866,"share":"https://ttm.financial/m/news/1170504758?lang=&edition=fundamental","pubTime":"2022-01-20 08:01","market":"us","language":"en","title":"Renewed Selling Pressure Predicted For Singapore Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1170504758","media":"RTTNews","summary":"The Singapore stock market bounced higher again on Wednesday, one day after halting the eight-day wi","content":"<html><head></head><body><p>The Singapore stock market bounced higher again on Wednesday, one day after halting the eight-day winning streak in which it had advanced almost 125 points or 4 percent. The Straits Times Index now sits just above the 3,280-point plateau although it figures to head south again on Thursday.</p><p>The global forecast for the Asian markets suggests further consolidation as rising bond yields continue to hammer technology stocks - although support from crude oil may limit the downside. The European markets were up and the U.S. markets were down and the Asian markets figure to follow the latter lead.</p><p>The STI finished slightly higher on Wednesday following gains from the financials and mixed performances from the financials and properties.</p><p>For the day, the index added 3.90 points or 0.12 percent to finish at 3,283.94 after trading between 3,273.96 and 3,297.87. Volume was 1.34 billion shares worth 1.22 billion Singapore dollars. There were 267 decliners and 185 gainers.</p><p>Among the actives, CapitaLand Integrated Commercial Trust gained 0.50 percent, while City Developments lost 0.42 percent, Comfort DelGro and Hongkong Land both rallied 0.73 percent, Dairy Farm International soared 1.40 percent, DBS Group collected 0.03 percent, Keppel Corp climbed 0.57 percent, Mapletree Commercial Trust added 0.54 percent, Mapletree Logistics Trust advanced 0.56 percent, Oversea-Chinese Banking Corporation eased 0.16 percent, SATS sank 0.50 percent, SembCorp Industries surged 3.29 percent, Singapore Airlines rose 0.40 percent, Singapore Exchange perked 0.31 percent, Singapore Technologies Engineering was up 0.27 percent, United Overseas Bank dipped 0.30 percent, Wilmar International spiked 1.18 percent, Yangzijiang Shipbuilding jumped 0.76 percent and Genting Singapore, Ascendas REIT, Thai Beverage, SingTel and Singapore Press Holdings were unchanged.</p><p>The lead from Wall Street is broadly negative as the major averages were unable to hold on to early gains on Wednesday, bouncing back and forth across the unchanged line before finishing in the red for the second straight session.</p><p>For the day, the Dow tumbled 339.82 points or 0.96 percent to finish at 35,028.65, while the NASDAQ dropped 166.64 points or 1.15 percent to close at 14,340.25 and the S&amp;P 500 sank 44.35 points or 0.97 percent to end at 4.532.76.</p><p>The late slide on Wall Street came amid rising Treasury yields and worries over inflation and looming interest rate hikes after U.S. Treasury yields hit fresh two-year highs amid Fed rate hike expectations.</p><p>Most analysts believe a rate hike of at least 25 basis points from the FOMC is imminent, although some are now starting to think it may be a 50 bp boost.</p><p>In economic news, the Commerce Department said that U.S. homebuilding increased to a nine-month high in December amid a surge in multi-family housing projects.</p><p>Crude oil prices continued their recent upward surge on Wednesday, rising for the fifth straight day to a fresh seven-year high following supply issues in the Middle East. West Texas Intermediate for February contract jumped $1.22 or 1.43 percent to $86.65 per barrel.</p></body></html>","source":"lsy1626938412129","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>Renewed Selling Pressure Predicted For Singapore Stock Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRenewed Selling Pressure Predicted For Singapore Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-20 08:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3256024/renewed-selling-pressure-predicted-for-singapore-stock-market.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market bounced higher again on Wednesday, one day after halting the eight-day winning streak in which it had advanced almost 125 points or 4 percent. The Straits Times Index now ...</p>\n\n<a href=\"https://www.rttnews.com/3256024/renewed-selling-pressure-predicted-for-singapore-stock-market.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3256024/renewed-selling-pressure-predicted-for-singapore-stock-market.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170504758","content_text":"The Singapore stock market bounced higher again on Wednesday, one day after halting the eight-day winning streak in which it had advanced almost 125 points or 4 percent. The Straits Times Index now sits just above the 3,280-point plateau although it figures to head south again on Thursday.The global forecast for the Asian markets suggests further consolidation as rising bond yields continue to hammer technology stocks - although support from crude oil may limit the downside. The European markets were up and the U.S. markets were down and the Asian markets figure to follow the latter lead.The STI finished slightly higher on Wednesday following gains from the financials and mixed performances from the financials and properties.For the day, the index added 3.90 points or 0.12 percent to finish at 3,283.94 after trading between 3,273.96 and 3,297.87. Volume was 1.34 billion shares worth 1.22 billion Singapore dollars. There were 267 decliners and 185 gainers.Among the actives, CapitaLand Integrated Commercial Trust gained 0.50 percent, while City Developments lost 0.42 percent, Comfort DelGro and Hongkong Land both rallied 0.73 percent, Dairy Farm International soared 1.40 percent, DBS Group collected 0.03 percent, Keppel Corp climbed 0.57 percent, Mapletree Commercial Trust added 0.54 percent, Mapletree Logistics Trust advanced 0.56 percent, Oversea-Chinese Banking Corporation eased 0.16 percent, SATS sank 0.50 percent, SembCorp Industries surged 3.29 percent, Singapore Airlines rose 0.40 percent, Singapore Exchange perked 0.31 percent, Singapore Technologies Engineering was up 0.27 percent, United Overseas Bank dipped 0.30 percent, Wilmar International spiked 1.18 percent, Yangzijiang Shipbuilding jumped 0.76 percent and Genting Singapore, Ascendas REIT, Thai Beverage, SingTel and Singapore Press Holdings were unchanged.The lead from Wall Street is broadly negative as the major averages were unable to hold on to early gains on Wednesday, bouncing back and forth across the unchanged line before finishing in the red for the second straight session.For the day, the Dow tumbled 339.82 points or 0.96 percent to finish at 35,028.65, while the NASDAQ dropped 166.64 points or 1.15 percent to close at 14,340.25 and the S&P 500 sank 44.35 points or 0.97 percent to end at 4.532.76.The late slide on Wall Street came amid rising Treasury yields and worries over inflation and looming interest rate hikes after U.S. Treasury yields hit fresh two-year highs amid Fed rate hike expectations.Most analysts believe a rate hike of at least 25 basis points from the FOMC is imminent, although some are now starting to think it may be a 50 bp boost.In economic news, the Commerce Department said that U.S. homebuilding increased to a nine-month high in December amid a surge in multi-family housing projects.Crude oil prices continued their recent upward surge on Wednesday, rising for the fifth straight day to a fresh seven-year high following supply issues in the Middle East. West Texas Intermediate for February contract jumped $1.22 or 1.43 percent to $86.65 per barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922294576,"gmtCreate":1671769345995,"gmtModify":1676538590681,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Always remember who wrote this article","listText":"Always remember who wrote this article","text":"Always remember who wrote this article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9922294576","repostId":"2293532324","repostType":2,"repost":{"id":"2293532324","kind":"highlight","pubTimestamp":1671768153,"share":"https://ttm.financial/m/news/2293532324?lang=&edition=fundamental","pubTime":"2022-12-23 12:02","market":"us","language":"en","title":"Tesla: Buy The Panic - Disregard The Noise","url":"https://stock-news.laohu8.com/highlight/detail?id=2293532324","media":"Seekingalpha","summary":"Tesla's (NASDAQ:TSLA) stock has gone in reverse, dropping to its lowest level in more than two years","content":"<html><head></head><body><p>Tesla&#39;s (NASDAQ:TSLA) stock has gone in reverse, dropping to its lowest level in more than two years. The share price has crashed nearly 70% since its high-flying days in 2021. Nevertheless, Tesla is in a prime position to continue dominating its segment and should grow revenues significantly while expanding profitability simultaneously. Transitory factors such as Elon Musk buying Twitter and other noise should not impact Tesla&#39;s expansion and long-term profitability potential. Tesla has a delivery report coming up, and the company could surprise to the upside, leading to a more profitable-than-expected Q4.</p><p>Moreover, Tesla is becoming cheap on a P/E and even on a P/S basis. Disregard the noise! Tesla is a buy in the $120-$140 range, and the stock becomes a conviction strong buy if it gets down to about the $100-$110 level in this bear market.</p><h2>How Cheap Would Tesla be at $100?</h2><p>For starters, $100 is 76% below Tesla&#39;s ATH in 2021. At $100, Tesla would trade at 24 times this year&#39;s EPS estimates and just 18 times next year&#39;s consensus analysts&#39; figures. Ok, so the stock is not at $100, but the closer it gets, the more interesting it becomes. At $134, Tesla is trading at about 22 times forward EPS estimates. This valuation is inexpensive for a dominant, rapidly expanding, market-leading company like Tesla. Therefore, the lower it goes, the better, because it will provide an excellent long-term buying opportunity. The stock is a buy in the $120-$140 range here. Below $120, Tesla becomes a strong buy, and it&#39;s a gift if it ever comes down to $100.</p><p><b>Technically Speaking: Tesla - 30-Month Chart</b></p><p><img src=\"https://static.tigerbbs.com/6be10396acac9530d4202ca5cd346dda\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\"/></p><p>TSLA (StockCharts.com)</p><p>Tesla&#39;s given up significant gains over the last year. The stock is down by nearly 70% in this bear market, and it may even worsen. However, was this spectacular decline a big surprise to people? All the tech giants went through significant downturns, and Tesla&#39;s stock is still dealing with the heat. Nevertheless, the RSI is below 25 here, illustrating that the stock is significantly oversold. The full stochastic is only 3.05, implying a possible short-term shift to more positive momentum. The problem with Tesla&#39;s stock is that it is still in a downtrend. Therefore, a near-term bounce may be temporary, and the stock could ultimately bottom lower, around the $110-$120 range.</p><h2>The Upcoming Deliveries Report</h2><p>Tesla should announce its Q4 deliveries soon, and the market expects 450-465K vehicle deliveries for the fourth quarter. However, Tesla could surprise higher, delivering 475K or more vehicles in the final quarter of 2022. 475K or more car deliveries should surprise the market, reflecting positively on Tesla&#39;s stock. Despite the transitory global slowdown, demand remains high for Tesla vehicles, and the company plans to unveil its fifth gigafactory in Mexico soon.</p><h2>Disregard the Twitter Drama</h2><p>There is a great deal of focus on what is happening at Twitter, which is not helping Tesla&#39;s stock. The &#34;Twitter Drama&#34; continues weighing on the sentiment surrounding Tesla and the company&#39;s stock price. Do investors think Elon Musk will forget about Tesla and focus most of his attention on Twitter instead? I don&#39;t think so. First, Elon Musk is accustomed to optimizing multiple companies simultaneously. Mr. Musk has experience running SpaceX, Tesla, and other corporations. Also, Musk is looking for the right CEO to take over the helm at the struggling social media giant. Nevertheless, the Twitter drama shouldn&#39;t spill over and impact Tesla&#39;s long-term operations.</p><h2>Ramping Up Revenues</h2><p><img src=\"https://static.tigerbbs.com/02ec9afbf09cbec15c251e2e735c4296\" tg-width=\"640\" tg-height=\"222\" referrerpolicy=\"no-referrer\"/></p><p>Revenue estimates (SeekingAlpha.com)</p><p>Tesla&#39;s consensus estimated revenue growth is 55% this year and 39% in 2023. Moreover, the company should experience robust double-digit growth for several years, offering a high probability of surpassing current depressed estimate figures. Therefore, we should see 15-25% revenue growth continuing beyond 2025.</p><h2>EPS Growth to Expand</h2><p><img src=\"https://static.tigerbbs.com/6981582ddd151f3a0e87af9a1b9c436e\" tg-width=\"640\" tg-height=\"220\" referrerpolicy=\"no-referrer\"/></p><p>EPS estimates (SeekingAlpha.com )</p><p>The consensus EPS estimates for 2023 are for $5.64, but the company can earn $6-$7 next year. Therefore, Tesla&#39;s current forward P/E ratio is around 19-22. Moreover, Tesla could make close to its higher-end estimates in 2024 and 2025. Thus, the company&#39;s EPS could run up to approximately $10 and $14 in the coming years. Provided that Tesla earns around $14 in 2025, its current valuation is less than ten times the 2025 EPS potential.</p><h2><b>Where Tesla&#39;s Stock Could be in A Few Years </b></h2><table><tbody><tr><td>Year</td><td>2022</td><td>2023</td><td>2024</td><td>2025</td><td>2026</td><td>2027</td><td>2028</td><td>2029</td></tr><tr><td>Revenue Bs</td><td>$85</td><td>$132</td><td>$185</td><td>$250</td><td>$330</td><td>$429</td><td>$550</td><td>$686</td></tr><tr><td>Revenue growth</td><td>57%</td><td>55%</td><td>40%</td><td>35%</td><td>32%</td><td>30%</td><td>28%</td><td>25%</td></tr><tr><td>EPS</td><td>$4.50</td><td>$7</td><td>$10</td><td>$14</td><td>$19</td><td>$25</td><td>$32</td><td>$40</td></tr><tr><td>EPS growth</td><td>99%</td><td>56%</td><td>43%</td><td>40%</td><td>36%</td><td>32%</td><td>29%</td><td>26%</td></tr><tr><td>Forward P/E</td><td>19.6</td><td>22</td><td>23</td><td>24</td><td>25</td><td>23</td><td>22</td><td>20</td></tr><tr><td>Price</td><td>$137</td><td>$220</td><td>$322</td><td>$456</td><td>$625</td><td>$736</td><td>$880</td><td>$950</td></tr></tbody></table><p>Click to enlarge</p><p>Source: The Financial Prophet</p><h2>Tesla Risks</h2><p><b>Risks exist for Tesla</b> - The company may miss earnings and revenue estimates. Furthermore, a slowdown in demand, increased competition, supply issues, decreased growth, issues with regulators and foreign governments, and other variables are all risks we should consider before betting on Tesla to move higher. Serious concerns could cause Tesla&#39;s valuation to lose altitude, and the company&#39;s share price could even head in reverse if any serious issues should arise. Therefore, one should consider these and other risks before committing any capital to a Tesla investment.</p></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: Buy The Panic - Disregard The Noise</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: Buy The Panic - Disregard The Noise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-23 12:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4566022-tesla-buy-the-panic-disregard-the-noise><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla's (NASDAQ:TSLA) stock has gone in reverse, dropping to its lowest level in more than two years. The share price has crashed nearly 70% since its high-flying days in 2021. Nevertheless, Tesla is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4566022-tesla-buy-the-panic-disregard-the-noise\">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/4566022-tesla-buy-the-panic-disregard-the-noise","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2293532324","content_text":"Tesla's (NASDAQ:TSLA) stock has gone in reverse, dropping to its lowest level in more than two years. The share price has crashed nearly 70% since its high-flying days in 2021. Nevertheless, Tesla is in a prime position to continue dominating its segment and should grow revenues significantly while expanding profitability simultaneously. Transitory factors such as Elon Musk buying Twitter and other noise should not impact Tesla's expansion and long-term profitability potential. Tesla has a delivery report coming up, and the company could surprise to the upside, leading to a more profitable-than-expected Q4.Moreover, Tesla is becoming cheap on a P/E and even on a P/S basis. Disregard the noise! Tesla is a buy in the $120-$140 range, and the stock becomes a conviction strong buy if it gets down to about the $100-$110 level in this bear market.How Cheap Would Tesla be at $100?For starters, $100 is 76% below Tesla's ATH in 2021. At $100, Tesla would trade at 24 times this year's EPS estimates and just 18 times next year's consensus analysts' figures. Ok, so the stock is not at $100, but the closer it gets, the more interesting it becomes. At $134, Tesla is trading at about 22 times forward EPS estimates. This valuation is inexpensive for a dominant, rapidly expanding, market-leading company like Tesla. Therefore, the lower it goes, the better, because it will provide an excellent long-term buying opportunity. The stock is a buy in the $120-$140 range here. Below $120, Tesla becomes a strong buy, and it's a gift if it ever comes down to $100.Technically Speaking: Tesla - 30-Month ChartTSLA (StockCharts.com)Tesla's given up significant gains over the last year. The stock is down by nearly 70% in this bear market, and it may even worsen. However, was this spectacular decline a big surprise to people? All the tech giants went through significant downturns, and Tesla's stock is still dealing with the heat. Nevertheless, the RSI is below 25 here, illustrating that the stock is significantly oversold. The full stochastic is only 3.05, implying a possible short-term shift to more positive momentum. The problem with Tesla's stock is that it is still in a downtrend. Therefore, a near-term bounce may be temporary, and the stock could ultimately bottom lower, around the $110-$120 range.The Upcoming Deliveries ReportTesla should announce its Q4 deliveries soon, and the market expects 450-465K vehicle deliveries for the fourth quarter. However, Tesla could surprise higher, delivering 475K or more vehicles in the final quarter of 2022. 475K or more car deliveries should surprise the market, reflecting positively on Tesla's stock. Despite the transitory global slowdown, demand remains high for Tesla vehicles, and the company plans to unveil its fifth gigafactory in Mexico soon.Disregard the Twitter DramaThere is a great deal of focus on what is happening at Twitter, which is not helping Tesla's stock. The \"Twitter Drama\" continues weighing on the sentiment surrounding Tesla and the company's stock price. Do investors think Elon Musk will forget about Tesla and focus most of his attention on Twitter instead? I don't think so. First, Elon Musk is accustomed to optimizing multiple companies simultaneously. Mr. Musk has experience running SpaceX, Tesla, and other corporations. Also, Musk is looking for the right CEO to take over the helm at the struggling social media giant. Nevertheless, the Twitter drama shouldn't spill over and impact Tesla's long-term operations.Ramping Up RevenuesRevenue estimates (SeekingAlpha.com)Tesla's consensus estimated revenue growth is 55% this year and 39% in 2023. Moreover, the company should experience robust double-digit growth for several years, offering a high probability of surpassing current depressed estimate figures. Therefore, we should see 15-25% revenue growth continuing beyond 2025.EPS Growth to ExpandEPS estimates (SeekingAlpha.com )The consensus EPS estimates for 2023 are for $5.64, but the company can earn $6-$7 next year. Therefore, Tesla's current forward P/E ratio is around 19-22. Moreover, Tesla could make close to its higher-end estimates in 2024 and 2025. Thus, the company's EPS could run up to approximately $10 and $14 in the coming years. Provided that Tesla earns around $14 in 2025, its current valuation is less than ten times the 2025 EPS potential.Where Tesla's Stock Could be in A Few Years Year20222023202420252026202720282029Revenue Bs$85$132$185$250$330$429$550$686Revenue growth57%55%40%35%32%30%28%25%EPS$4.50$7$10$14$19$25$32$40EPS growth99%56%43%40%36%32%29%26%Forward P/E19.622232425232220Price$137$220$322$456$625$736$880$950Click to enlargeSource: The Financial ProphetTesla RisksRisks exist for Tesla - The company may miss earnings and revenue estimates. Furthermore, a slowdown in demand, increased competition, supply issues, decreased growth, issues with regulators and foreign governments, and other variables are all risks we should consider before betting on Tesla to move higher. Serious concerns could cause Tesla's valuation to lose altitude, and the company's share price could even head in reverse if any serious issues should arise. Therefore, one should consider these and other risks before committing any capital to a Tesla investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990099325,"gmtCreate":1660262648969,"gmtModify":1676532408598,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Caution will be the word","listText":"Caution will be the word","text":"Caution will be the word","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990099325","repostId":"2258776755","repostType":2,"repost":{"id":"2258776755","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1660258186,"share":"https://ttm.financial/m/news/2258776755?lang=&edition=fundamental","pubTime":"2022-08-12 06:49","market":"us","language":"en","title":"U.S. Stock Market: Is It a Bull, a Bear, Or a Bull in a Bear?","url":"https://stock-news.laohu8.com/highlight/detail?id=2258776755","media":"Reuters","summary":"Aug 11 (Reuters) - The U.S. stock market's rebound in recent weeks has analysts and investors questi","content":"<html><head></head><body><p>Aug 11 (Reuters) - The U.S. stock market&#39;s rebound in recent weeks has analysts and investors questioning whether 2022&#39;s deep downturn has ended, but how to spot an expiring bear market or a new bull market is not something everyone on Wall Street agrees on.</p><p>Equities have rebounded thanks to better-than-expected corporate earnings and bets the worst of soaring inflation may be over. The Nasdaq index&#39;s drop of about 0.6% on Thursday left the tech-heavy index up 20% from recent low on June 16, while the S&amp;P 500 has also rebounded in recent weeks, now up 15% from its recent low in June.</p><p>The recent gains led analysts at Bespoke Investment Group to declare on Thursday morning the Nasdaq had exited its recent bear market, even though the index remains down about 21% from its record high close last November, with trillions of dollars in stock market value still lost.</p><p>On Wall Street, the terms &#34;bull&#34; and &#34;bear&#34; markets are often used to characterize broad upward or downward trends in asset prices.</p><p>Both indexes are widely viewed as having been in bear markets in 2022, but not all analysts define bull or bear markets the same way, and many investors use the terms loosely.</p><p>&#34;We could write for hours on the semantics of bull and bear markets,&#34; Bespoke wrote in its research note, saying a new bull market was now confirmed to have started on June 16.</p><p>The Merriam-Webster dictionary defines a bull market simply as &#34;a market in which securities or commodities are persistently rising in value.&#34;</p><p>Some investors define a bear market more specifically as a decline of at least 20% in a stock or index from its previous peak, with the peak defining the beginning of the bear market, which is only recognized in hindsight following the at-least 20% decline.</p><p>Similarly, some define a bull market as a 20% rise from a previous low, and by that measure, used by Bespoke, the Nasdaq could now be viewed as having begun a fresh bull market.</p><p>The Securities and Exchange Commission says on its website that, &#34;Generally, a bull market occurs when there is a rise of 20% or more in a broad market index over at least a two-month period.&#34;</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f04a86f63ca45a1d596fe99d7b33468\" tg-width=\"524\" tg-height=\"392\" referrerpolicy=\"no-referrer\"/><span>The Nasdaq&#39;s steep declines</span></p><p>S&amp;P Dow Jones Indices, which administers the S&amp;P 500 and Dow Jones Industrial Average, has an even more nuanced definition of a bull market.</p><p>A drop of 20% or more from a high, followed by a 20% gain from that lower level, would leave an index still below its previous peak, a situation S&amp;P Dow Jones Indices Senior Index Analyst Howard Silverblatt describes as a &#34;bull rally in a bear market&#34;.</p><p>Analysts warn against relying too much on backward-looking definitions of market cycles that do little to capture current sentiment or predict where stocks will go in the future.</p><p>Factors like the velocity of the market’s rise or fall and how much average stocks have changed contribute to whether investors view a major move as a turning point in sentiment or a short-term interruption to an existing bull or bear market.</p><p>Indeed, investors can only be sure they are in a new bull market once a new record high has been reached, and at that point, the previous low would mark the end of the bear market and beginning of the new bull market, according to S&amp;P Dow Jones Indices.</p><p>For example, during the bear market caused by the 2008 financial crisis, the S&amp;P 500 rallied over 20% from a low in November 2008, raising hopes the stock rout was over. But the S&amp;P 500 tumbled another 28% to even deeper lows in March 2009.</p><p>It was not until an all-time high was reached in March 2013 that investors were able to say with certainty that a new bull market had been born four years earlier.</p><p>&#34;We retroactively go back and say, &#39;OK, when did the market hit the bottom?&#39;&#34; Silverblatt said. &#34;That&#39;s when the bear would end and the bull starts.&#34;</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>U.S. Stock Market: Is It a Bull, a Bear, Or a Bull in a Bear?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stock Market: Is It a Bull, a Bear, Or a Bull in a Bear?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-12 06:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Aug 11 (Reuters) - The U.S. stock market&#39;s rebound in recent weeks has analysts and investors questioning whether 2022&#39;s deep downturn has ended, but how to spot an expiring bear market or a new bull market is not something everyone on Wall Street agrees on.</p><p>Equities have rebounded thanks to better-than-expected corporate earnings and bets the worst of soaring inflation may be over. The Nasdaq index&#39;s drop of about 0.6% on Thursday left the tech-heavy index up 20% from recent low on June 16, while the S&amp;P 500 has also rebounded in recent weeks, now up 15% from its recent low in June.</p><p>The recent gains led analysts at Bespoke Investment Group to declare on Thursday morning the Nasdaq had exited its recent bear market, even though the index remains down about 21% from its record high close last November, with trillions of dollars in stock market value still lost.</p><p>On Wall Street, the terms &#34;bull&#34; and &#34;bear&#34; markets are often used to characterize broad upward or downward trends in asset prices.</p><p>Both indexes are widely viewed as having been in bear markets in 2022, but not all analysts define bull or bear markets the same way, and many investors use the terms loosely.</p><p>&#34;We could write for hours on the semantics of bull and bear markets,&#34; Bespoke wrote in its research note, saying a new bull market was now confirmed to have started on June 16.</p><p>The Merriam-Webster dictionary defines a bull market simply as &#34;a market in which securities or commodities are persistently rising in value.&#34;</p><p>Some investors define a bear market more specifically as a decline of at least 20% in a stock or index from its previous peak, with the peak defining the beginning of the bear market, which is only recognized in hindsight following the at-least 20% decline.</p><p>Similarly, some define a bull market as a 20% rise from a previous low, and by that measure, used by Bespoke, the Nasdaq could now be viewed as having begun a fresh bull market.</p><p>The Securities and Exchange Commission says on its website that, &#34;Generally, a bull market occurs when there is a rise of 20% or more in a broad market index over at least a two-month period.&#34;</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f04a86f63ca45a1d596fe99d7b33468\" tg-width=\"524\" tg-height=\"392\" referrerpolicy=\"no-referrer\"/><span>The Nasdaq&#39;s steep declines</span></p><p>S&amp;P Dow Jones Indices, which administers the S&amp;P 500 and Dow Jones Industrial Average, has an even more nuanced definition of a bull market.</p><p>A drop of 20% or more from a high, followed by a 20% gain from that lower level, would leave an index still below its previous peak, a situation S&amp;P Dow Jones Indices Senior Index Analyst Howard Silverblatt describes as a &#34;bull rally in a bear market&#34;.</p><p>Analysts warn against relying too much on backward-looking definitions of market cycles that do little to capture current sentiment or predict where stocks will go in the future.</p><p>Factors like the velocity of the market’s rise or fall and how much average stocks have changed contribute to whether investors view a major move as a turning point in sentiment or a short-term interruption to an existing bull or bear market.</p><p>Indeed, investors can only be sure they are in a new bull market once a new record high has been reached, and at that point, the previous low would mark the end of the bear market and beginning of the new bull market, according to S&amp;P Dow Jones Indices.</p><p>For example, during the bear market caused by the 2008 financial crisis, the S&amp;P 500 rallied over 20% from a low in November 2008, raising hopes the stock rout was over. But the S&amp;P 500 tumbled another 28% to even deeper lows in March 2009.</p><p>It was not until an all-time high was reached in March 2013 that investors were able to say with certainty that a new bull market had been born four years earlier.</p><p>&#34;We retroactively go back and say, &#39;OK, when did the market hit the bottom?&#39;&#34; Silverblatt said. &#34;That&#39;s when the bear would end and the bull starts.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258776755","content_text":"Aug 11 (Reuters) - The U.S. stock market's rebound in recent weeks has analysts and investors questioning whether 2022's deep downturn has ended, but how to spot an expiring bear market or a new bull market is not something everyone on Wall Street agrees on.Equities have rebounded thanks to better-than-expected corporate earnings and bets the worst of soaring inflation may be over. The Nasdaq index's drop of about 0.6% on Thursday left the tech-heavy index up 20% from recent low on June 16, while the S&P 500 has also rebounded in recent weeks, now up 15% from its recent low in June.The recent gains led analysts at Bespoke Investment Group to declare on Thursday morning the Nasdaq had exited its recent bear market, even though the index remains down about 21% from its record high close last November, with trillions of dollars in stock market value still lost.On Wall Street, the terms \"bull\" and \"bear\" markets are often used to characterize broad upward or downward trends in asset prices.Both indexes are widely viewed as having been in bear markets in 2022, but not all analysts define bull or bear markets the same way, and many investors use the terms loosely.\"We could write for hours on the semantics of bull and bear markets,\" Bespoke wrote in its research note, saying a new bull market was now confirmed to have started on June 16.The Merriam-Webster dictionary defines a bull market simply as \"a market in which securities or commodities are persistently rising in value.\"Some investors define a bear market more specifically as a decline of at least 20% in a stock or index from its previous peak, with the peak defining the beginning of the bear market, which is only recognized in hindsight following the at-least 20% decline.Similarly, some define a bull market as a 20% rise from a previous low, and by that measure, used by Bespoke, the Nasdaq could now be viewed as having begun a fresh bull market.The Securities and Exchange Commission says on its website that, \"Generally, a bull market occurs when there is a rise of 20% or more in a broad market index over at least a two-month period.\"The Nasdaq's steep declinesS&P Dow Jones Indices, which administers the S&P 500 and Dow Jones Industrial Average, has an even more nuanced definition of a bull market.A drop of 20% or more from a high, followed by a 20% gain from that lower level, would leave an index still below its previous peak, a situation S&P Dow Jones Indices Senior Index Analyst Howard Silverblatt describes as a \"bull rally in a bear market\".Analysts warn against relying too much on backward-looking definitions of market cycles that do little to capture current sentiment or predict where stocks will go in the future.Factors like the velocity of the market’s rise or fall and how much average stocks have changed contribute to whether investors view a major move as a turning point in sentiment or a short-term interruption to an existing bull or bear market.Indeed, investors can only be sure they are in a new bull market once a new record high has been reached, and at that point, the previous low would mark the end of the bear market and beginning of the new bull market, according to S&P Dow Jones Indices.For example, during the bear market caused by the 2008 financial crisis, the S&P 500 rallied over 20% from a low in November 2008, raising hopes the stock rout was over. But the S&P 500 tumbled another 28% to even deeper lows in March 2009.It was not until an all-time high was reached in March 2013 that investors were able to say with certainty that a new bull market had been born four years earlier.\"We retroactively go back and say, 'OK, when did the market hit the bottom?'\" Silverblatt said. \"That's when the bear would end and the bull starts.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901370728,"gmtCreate":1659143211664,"gmtModify":1676536263691,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"He will ultimate win the game","listText":"He will ultimate win the game","text":"He will ultimate win the game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901370728","repostId":"2255591547","repostType":4,"repost":{"id":"2255591547","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1659148200,"share":"https://ttm.financial/m/news/2255591547?lang=&edition=fundamental","pubTime":"2022-07-30 10:30","market":"us","language":"en","title":"Elon Musk Files Response and Counterclaims to Twitter Lawsuit Over $44 Billion Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2255591547","media":"Dow Jones","summary":"Elon Musk formally responded to Twitter Inc.'s lawsuit seeking to force him to go through with his $","content":"<html><head></head><body><p>Elon Musk formally responded to Twitter Inc.&#39;s lawsuit seeking to force him to go through with his $44 billion takeover of the social-media platform and included counterclaims against the company. The filing Friday was made confidentially and isn&#39;t viewable by the public.</p><p>It isn&#39;t unusual for counterclaims against a public company to be filed confidentially, pending review for possible redactions of sensitive information. The response and claims may be available as soon as next week.</p><p>One of counterclaims by Mr. Musk is expected to center on the allegation that Twitter changed its number of monetizable daily active users shortly after agreeing to the deal, and then didn&#39;t provide thorough responses to requests by Mr. Musk&#39;s team for data on the spam number, according to people familiar with the matter.</p><p>Mr. Musk&#39;s response Friday includes a reference to the Warren Buffett quote: &#34;Only when the tide goes out do you discover who&#39;s been swimming naked,&#34; the people said, a suggestion by Mr. Musk that Twitter has been obfuscating about spam and fake accounts because it knew the market downturn could reveal its weaknesses.</p><p>Mr. Musk&#39;s response Friday was filed hours after the judge overseeing the lawsuit against Mr. Musk set the week of Oct. 17 for a 5-day trial.</p><p>While Mr. Musk&#39;s answer and counterclaims to Twitter&#39;s lawsuit aren&#39;t immediately accessible, the billionaire chief executive officer of Tesla Inc. has been vocal about his reasons for wanting to walk away from the deal and indicated in previous regulatory and court filings how he may try to make his case for terminating the merger agreement.</p><p>Mr. Musk said in a regulatory filing earlier this month that he wanted out of the deal primarily because Twitter hadn&#39;t provided the necessary data and information he needs to assess the prevalence of fake or spam accounts.</p><p>Twitter rejected that assertion and argued that Mr. Musk hasn&#39;t adhered to the deal terms, including violating a nondisclosure agreement and then bragging about it on Twitter. The social-media company sued Mr. Musk on July 12 in Delaware Chancery Court, seeking to enforce the terms of the transaction.</p><p>In the regulatory filing to end the deal, Mr. Musk&#39;s lawyer cited concerns over Twitter&#39;s estimates about how many of its daily users are fake or spam accounts, an issue the billionaire had raised as a concern about the deal almost three weeks after he signed it. The company has said for years that it estimates fewer than 5% of its monetizable daily active users are spam and fake accounts, a figure Mr. Musk has disputed.</p><p>In a July 18 court filing opposing a request by Twitter for an expedited trial, the billionaire for the first time laid out publicly a clear timeline around his concerns over data about fake and spam accounts, and included new claims about Twitter&#39;s level of cooperation on the issue.</p><p>He said his team first became concerned about the company&#39;s user numbers after it disclosed in its April earnings report that it had overstated its user base for nearly three years through the end of 2021 because of an error in how it accounted for people linked to multiple accounts. The revision reduced the number of its monetizable daily active users by 0.9% for the fourth quarter of last year. The company last week said it averaged 237.8 million of such users in the most recent quarter.</p><p>According to that filing, Mr. Musk met with Twitter executives in May to discuss how the company measures spam and fake accounts and expressed dismay at the company&#39;s process and pointed to the absence of automated tools to help with the calculation.</p><p>Twitter said in its suit against Mr. Musk that his attempt to abandon the transaction reflects souring market conditions that resulted in his personal wealth declining by more than $100 billion from its November 2021 peak. &#34;Rather than bear the cost of the market downturn, as the merger agreement requires, Musk wants to shift it to Twitter&#39;s stockholders,&#34; the company said.</p><p>On July 19, Chancellor Kathaleen St. Jude McCormick, the chief judge of the Delaware Chancery Court, granted Twitter&#39;s request to fast-track its lawsuit over Mr. Musk&#39;s objections.</p><p>In a regulatory filing this week, Twitter said it would ask shareholders to vote on the merger at a meeting on Sept. 13. The company reiterated its commitment to completing the takeover at the agreed-upon price and said its board of directors has unanimously recommended that shareholders vote in favor of it. That process is running parallel to the legal case in Delaware that will determine whether the merger agreement can be enforced.</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>Elon Musk Files Response and Counterclaims to Twitter Lawsuit Over $44 Billion Deal</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\">\nElon Musk Files Response and Counterclaims to Twitter Lawsuit Over $44 Billion Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-30 10:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Elon Musk formally responded to Twitter Inc.&#39;s lawsuit seeking to force him to go through with his $44 billion takeover of the social-media platform and included counterclaims against the company. The filing Friday was made confidentially and isn&#39;t viewable by the public.</p><p>It isn&#39;t unusual for counterclaims against a public company to be filed confidentially, pending review for possible redactions of sensitive information. The response and claims may be available as soon as next week.</p><p>One of counterclaims by Mr. Musk is expected to center on the allegation that Twitter changed its number of monetizable daily active users shortly after agreeing to the deal, and then didn&#39;t provide thorough responses to requests by Mr. Musk&#39;s team for data on the spam number, according to people familiar with the matter.</p><p>Mr. Musk&#39;s response Friday includes a reference to the Warren Buffett quote: &#34;Only when the tide goes out do you discover who&#39;s been swimming naked,&#34; the people said, a suggestion by Mr. Musk that Twitter has been obfuscating about spam and fake accounts because it knew the market downturn could reveal its weaknesses.</p><p>Mr. Musk&#39;s response Friday was filed hours after the judge overseeing the lawsuit against Mr. Musk set the week of Oct. 17 for a 5-day trial.</p><p>While Mr. Musk&#39;s answer and counterclaims to Twitter&#39;s lawsuit aren&#39;t immediately accessible, the billionaire chief executive officer of Tesla Inc. has been vocal about his reasons for wanting to walk away from the deal and indicated in previous regulatory and court filings how he may try to make his case for terminating the merger agreement.</p><p>Mr. Musk said in a regulatory filing earlier this month that he wanted out of the deal primarily because Twitter hadn&#39;t provided the necessary data and information he needs to assess the prevalence of fake or spam accounts.</p><p>Twitter rejected that assertion and argued that Mr. Musk hasn&#39;t adhered to the deal terms, including violating a nondisclosure agreement and then bragging about it on Twitter. The social-media company sued Mr. Musk on July 12 in Delaware Chancery Court, seeking to enforce the terms of the transaction.</p><p>In the regulatory filing to end the deal, Mr. Musk&#39;s lawyer cited concerns over Twitter&#39;s estimates about how many of its daily users are fake or spam accounts, an issue the billionaire had raised as a concern about the deal almost three weeks after he signed it. The company has said for years that it estimates fewer than 5% of its monetizable daily active users are spam and fake accounts, a figure Mr. Musk has disputed.</p><p>In a July 18 court filing opposing a request by Twitter for an expedited trial, the billionaire for the first time laid out publicly a clear timeline around his concerns over data about fake and spam accounts, and included new claims about Twitter&#39;s level of cooperation on the issue.</p><p>He said his team first became concerned about the company&#39;s user numbers after it disclosed in its April earnings report that it had overstated its user base for nearly three years through the end of 2021 because of an error in how it accounted for people linked to multiple accounts. The revision reduced the number of its monetizable daily active users by 0.9% for the fourth quarter of last year. The company last week said it averaged 237.8 million of such users in the most recent quarter.</p><p>According to that filing, Mr. Musk met with Twitter executives in May to discuss how the company measures spam and fake accounts and expressed dismay at the company&#39;s process and pointed to the absence of automated tools to help with the calculation.</p><p>Twitter said in its suit against Mr. Musk that his attempt to abandon the transaction reflects souring market conditions that resulted in his personal wealth declining by more than $100 billion from its November 2021 peak. &#34;Rather than bear the cost of the market downturn, as the merger agreement requires, Musk wants to shift it to Twitter&#39;s stockholders,&#34; the company said.</p><p>On July 19, Chancellor Kathaleen St. Jude McCormick, the chief judge of the Delaware Chancery Court, granted Twitter&#39;s request to fast-track its lawsuit over Mr. Musk&#39;s objections.</p><p>In a regulatory filing this week, Twitter said it would ask shareholders to vote on the merger at a meeting on Sept. 13. The company reiterated its commitment to completing the takeover at the agreed-upon price and said its board of directors has unanimously recommended that shareholders vote in favor of it. That process is running parallel to the legal case in Delaware that will determine whether the merger agreement can be enforced.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255591547","content_text":"Elon Musk formally responded to Twitter Inc.'s lawsuit seeking to force him to go through with his $44 billion takeover of the social-media platform and included counterclaims against the company. The filing Friday was made confidentially and isn't viewable by the public.It isn't unusual for counterclaims against a public company to be filed confidentially, pending review for possible redactions of sensitive information. The response and claims may be available as soon as next week.One of counterclaims by Mr. Musk is expected to center on the allegation that Twitter changed its number of monetizable daily active users shortly after agreeing to the deal, and then didn't provide thorough responses to requests by Mr. Musk's team for data on the spam number, according to people familiar with the matter.Mr. Musk's response Friday includes a reference to the Warren Buffett quote: \"Only when the tide goes out do you discover who's been swimming naked,\" the people said, a suggestion by Mr. Musk that Twitter has been obfuscating about spam and fake accounts because it knew the market downturn could reveal its weaknesses.Mr. Musk's response Friday was filed hours after the judge overseeing the lawsuit against Mr. Musk set the week of Oct. 17 for a 5-day trial.While Mr. Musk's answer and counterclaims to Twitter's lawsuit aren't immediately accessible, the billionaire chief executive officer of Tesla Inc. has been vocal about his reasons for wanting to walk away from the deal and indicated in previous regulatory and court filings how he may try to make his case for terminating the merger agreement.Mr. Musk said in a regulatory filing earlier this month that he wanted out of the deal primarily because Twitter hadn't provided the necessary data and information he needs to assess the prevalence of fake or spam accounts.Twitter rejected that assertion and argued that Mr. Musk hasn't adhered to the deal terms, including violating a nondisclosure agreement and then bragging about it on Twitter. The social-media company sued Mr. Musk on July 12 in Delaware Chancery Court, seeking to enforce the terms of the transaction.In the regulatory filing to end the deal, Mr. Musk's lawyer cited concerns over Twitter's estimates about how many of its daily users are fake or spam accounts, an issue the billionaire had raised as a concern about the deal almost three weeks after he signed it. The company has said for years that it estimates fewer than 5% of its monetizable daily active users are spam and fake accounts, a figure Mr. Musk has disputed.In a July 18 court filing opposing a request by Twitter for an expedited trial, the billionaire for the first time laid out publicly a clear timeline around his concerns over data about fake and spam accounts, and included new claims about Twitter's level of cooperation on the issue.He said his team first became concerned about the company's user numbers after it disclosed in its April earnings report that it had overstated its user base for nearly three years through the end of 2021 because of an error in how it accounted for people linked to multiple accounts. The revision reduced the number of its monetizable daily active users by 0.9% for the fourth quarter of last year. The company last week said it averaged 237.8 million of such users in the most recent quarter.According to that filing, Mr. Musk met with Twitter executives in May to discuss how the company measures spam and fake accounts and expressed dismay at the company's process and pointed to the absence of automated tools to help with the calculation.Twitter said in its suit against Mr. Musk that his attempt to abandon the transaction reflects souring market conditions that resulted in his personal wealth declining by more than $100 billion from its November 2021 peak. \"Rather than bear the cost of the market downturn, as the merger agreement requires, Musk wants to shift it to Twitter's stockholders,\" the company said.On July 19, Chancellor Kathaleen St. Jude McCormick, the chief judge of the Delaware Chancery Court, granted Twitter's request to fast-track its lawsuit over Mr. Musk's objections.In a regulatory filing this week, Twitter said it would ask shareholders to vote on the merger at a meeting on Sept. 13. The company reiterated its commitment to completing the takeover at the agreed-upon price and said its board of directors has unanimously recommended that shareholders vote in favor of it. That process is running parallel to the legal case in Delaware that will determine whether the merger agreement can be enforced.","news_type":1},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4103864033944460","authorId":"4103864033944460","name":"PaperPlay","avatar":"https://community-static.tradeup.com/news/f9bd8cbd182d6cb24667a31115671409","crmLevel":4,"crmLevelSwitch":0,"idStr":"4103864033944460","authorIdStr":"4103864033944460"},"content":"coz he is not from 🌏","text":"coz he is not from 🌏","html":"coz he is not from 🌏"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9909917585,"gmtCreate":1658797868747,"gmtModify":1676536209174,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Fear No Evil","listText":"Fear No Evil","text":"Fear No Evil","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9909917585","repostId":"2254150853","repostType":2,"repost":{"id":"2254150853","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1658795855,"share":"https://ttm.financial/m/news/2254150853?lang=&edition=fundamental","pubTime":"2022-07-26 08:37","market":"us","language":"en","title":"Tesla Raises Spending Plan, Discloses New Subpoena on Musk's 2018 Tweet","url":"https://stock-news.laohu8.com/highlight/detail?id=2254150853","media":"Reuters","summary":"July 25 (Reuters) - Tesla Inc has increased its capital spending plan by $1 billion, the electric au","content":"<html><head></head><body><p>July 25 (Reuters) - Tesla Inc has increased its capital spending plan by $1 billion, the electric automaker said in a regulatory filing on Monday that also disclosed a second subpoena related to Chief Executive Elon Musk&#39;s go-private tweets in 2018.</p><p>The company now expects to spend between $6 billion and $8 billion this year and each of the next two years, up from its previous expenditure plan of $5 billion-$7 billion, as it looks to ramp up production at its new facilities in Texas and Berlin.</p><p>Musk had last month said the factories are &#34;losing billions of dollars&#34; as they struggle to raise output due to a shortage of batteries and China port issues.</p><p>Meanwhile, the latest subpoena by the U.S. Securities and Exchange Commission (SEC) on June 13, has sought information about compliance with Musk&#39;s settlement with the regulator in 2018.</p><p>Musk had settled a lawsuit by the SEC over his go-private tweets by agreeing to let the company&#39;s lawyers pre-approve tweets with material information about the company.</p><p>The company said it will cooperate with the government authorities. The SEC declined to comment. The regulator had first subpoenaed Tesla in November related to the settlement.</p><p>The world&#39;s richest person, who calls himself a &#34;free speech absolutist&#34;, had in March said his &#34;funding secured&#34; tweet was truthful, likening himself to rapper Eminem in seeking to throw out his 2018 agreement with the SEC.</p><p>In June, he also appealed a judge&#39;s refusal to end the agreement.</p><p>The latest subpoena comes as Musk prepares for a legal showdown in October with Twitter for dropping his $44-billion offer to buy the social media company.</p><p>In June, the regulator had questioned Musk over a tweet in which he raised doubts over his acquisition of Twitter due to concerns over the number of fake users and spam accounts.</p><p>Separately, Tesla&#39;s filing said it converted about 75% of its bitcoin holdings into fiat currency, gaining $64 million in the process, while recording an impairment charge of $170 million in the first six months of 2022.</p><p>As of June 30, the fair market value of its digital assets was worth $222 million, it said in the filing.</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 Raises Spending Plan, Discloses New Subpoena on Musk's 2018 Tweet</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 Raises Spending Plan, Discloses New Subpoena on Musk's 2018 Tweet\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-26 08:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>July 25 (Reuters) - Tesla Inc has increased its capital spending plan by $1 billion, the electric automaker said in a regulatory filing on Monday that also disclosed a second subpoena related to Chief Executive Elon Musk&#39;s go-private tweets in 2018.</p><p>The company now expects to spend between $6 billion and $8 billion this year and each of the next two years, up from its previous expenditure plan of $5 billion-$7 billion, as it looks to ramp up production at its new facilities in Texas and Berlin.</p><p>Musk had last month said the factories are &#34;losing billions of dollars&#34; as they struggle to raise output due to a shortage of batteries and China port issues.</p><p>Meanwhile, the latest subpoena by the U.S. Securities and Exchange Commission (SEC) on June 13, has sought information about compliance with Musk&#39;s settlement with the regulator in 2018.</p><p>Musk had settled a lawsuit by the SEC over his go-private tweets by agreeing to let the company&#39;s lawyers pre-approve tweets with material information about the company.</p><p>The company said it will cooperate with the government authorities. The SEC declined to comment. The regulator had first subpoenaed Tesla in November related to the settlement.</p><p>The world&#39;s richest person, who calls himself a &#34;free speech absolutist&#34;, had in March said his &#34;funding secured&#34; tweet was truthful, likening himself to rapper Eminem in seeking to throw out his 2018 agreement with the SEC.</p><p>In June, he also appealed a judge&#39;s refusal to end the agreement.</p><p>The latest subpoena comes as Musk prepares for a legal showdown in October with Twitter for dropping his $44-billion offer to buy the social media company.</p><p>In June, the regulator had questioned Musk over a tweet in which he raised doubts over his acquisition of Twitter due to concerns over the number of fake users and spam accounts.</p><p>Separately, Tesla&#39;s filing said it converted about 75% of its bitcoin holdings into fiat currency, gaining $64 million in the process, while recording an impairment charge of $170 million in the first six months of 2022.</p><p>As of June 30, the fair market value of its digital assets was worth $222 million, it said in the filing.</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":"2254150853","content_text":"July 25 (Reuters) - Tesla Inc has increased its capital spending plan by $1 billion, the electric automaker said in a regulatory filing on Monday that also disclosed a second subpoena related to Chief Executive Elon Musk's go-private tweets in 2018.The company now expects to spend between $6 billion and $8 billion this year and each of the next two years, up from its previous expenditure plan of $5 billion-$7 billion, as it looks to ramp up production at its new facilities in Texas and Berlin.Musk had last month said the factories are \"losing billions of dollars\" as they struggle to raise output due to a shortage of batteries and China port issues.Meanwhile, the latest subpoena by the U.S. Securities and Exchange Commission (SEC) on June 13, has sought information about compliance with Musk's settlement with the regulator in 2018.Musk had settled a lawsuit by the SEC over his go-private tweets by agreeing to let the company's lawyers pre-approve tweets with material information about the company.The company said it will cooperate with the government authorities. The SEC declined to comment. The regulator had first subpoenaed Tesla in November related to the settlement.The world's richest person, who calls himself a \"free speech absolutist\", had in March said his \"funding secured\" tweet was truthful, likening himself to rapper Eminem in seeking to throw out his 2018 agreement with the SEC.In June, he also appealed a judge's refusal to end the agreement.The latest subpoena comes as Musk prepares for a legal showdown in October with Twitter for dropping his $44-billion offer to buy the social media company.In June, the regulator had questioned Musk over a tweet in which he raised doubts over his acquisition of Twitter due to concerns over the number of fake users and spam accounts.Separately, Tesla's filing said it converted about 75% of its bitcoin holdings into fiat currency, gaining $64 million in the process, while recording an impairment charge of $170 million in the first six months of 2022.As of June 30, the fair market value of its digital assets was worth $222 million, it said in the filing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074093737,"gmtCreate":1658274257729,"gmtModify":1676536131171,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Hope bright days ahead","listText":"Hope bright days ahead","text":"Hope bright days ahead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074093737","repostId":"2252275158","repostType":2,"repost":{"id":"2252275158","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1658272419,"share":"https://ttm.financial/m/news/2252275158?lang=&edition=fundamental","pubTime":"2022-07-20 07:13","market":"us","language":"en","title":"US STOCKS-Wall Street Closes Sharply Higher on Strong Corporate Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2252275158","media":"Reuters","summary":"U.S. stocks closed with sharp gains on Tuesday as more companies joined big banks in reporting earni","content":"<html><head></head><body><p>U.S. stocks closed with sharp gains on Tuesday as more companies joined big banks in reporting earnings that beat forecasts, offering respite to investors worried about higher inflation and a tightening Fed denting the corporate bottomline.</p><p>The S&amp;P 500    gained 2.8%, the highest close since June 9. The tech-heavy Nasdaq Composite added 3.1%, marking the biggest one-day percentage gain since June 24.</p><p>Shares of Halliburton rose 2.1% after the oilfield services provider posted a 41% increase in quarterly adjusted profit. Toymaker Hasbro Inc gained 0.7% after reporting quarterly profit ahead of expectations.</p><p><a href=\"https://laohu8.com/S/TFC\">Truist Financial Corp</a> also beat market estimates for quarterly profit, sending the bank&#39;s shares up 2.6%.</p><p>&#34;Earnings have come in better than lowered expectations,&#34; said Paul Kim, CEO of Simplify Asset Management in New York.</p><p>&#34;So we&#39;re not seeing the bite of tighter monetary policy and inflation impacting revenue as much as feared.&#34;</p><p>Johnson &amp; Johnson shares lost 1.5%, reversing earlier gains. The healthcare giant reported profit and sales that exceeded expectations but cut its earnings outlook for the year due to a soaring U.S. currency.</p><p>A strong dollar also weighed on shares of IT hardware and services company IBM Corp, which beat quarterly revenue expectations on Monday but warned the hit from forex for the year could be about $3.5 billion.</p><p>The U.S. dollar marked its third straight day of declines as markets reduced the odds of a full percentage-point Federal Reserve rate hike this month.</p><p>Spiraling inflation initially led markets to price in a 100-basis-point hike in interest rates at the upcoming Fed meeting later this month, until some policymakers signaled a 75-basis-point increase.</p><p>The Dow Jones Industrial Average rose 754.44 points, or 2.43%, to 31,827.05, the S&amp;P 500    gained 105.84 points, or 2.76%, to 3,936.69 and the Nasdaq Composite added 353.10 points, or 3.11%, to 11,713.15.</p><p>&#34;The macro picture hasn&#39;t changed,&#34; said Kim. &#34;We still have falling earnings, high inflation pressures and a tightening Fed. So longer term, I don&#39;t think this type of rally has staying power.&#34;</p><p>In this earnings season, analysts expect aggregate year-on-year S&amp;P 500 profit to grow 5.8%, down from the 6.8% estimate at the start of the quarter, according to Refinitiv data.</p><p>Volume on U.S. exchanges was 10.95 billion shares, compared with the 11.76 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 4.88-to-1 ratio and on the Nasdaq, a 3.40-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 31 new highs and 56 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Closes Sharply Higher on Strong Corporate Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Closes Sharply Higher on Strong Corporate Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-20 07:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks closed with sharp gains on Tuesday as more companies joined big banks in reporting earnings that beat forecasts, offering respite to investors worried about higher inflation and a tightening Fed denting the corporate bottomline.</p><p>The S&amp;P 500    gained 2.8%, the highest close since June 9. The tech-heavy Nasdaq Composite added 3.1%, marking the biggest one-day percentage gain since June 24.</p><p>Shares of Halliburton rose 2.1% after the oilfield services provider posted a 41% increase in quarterly adjusted profit. Toymaker Hasbro Inc gained 0.7% after reporting quarterly profit ahead of expectations.</p><p><a href=\"https://laohu8.com/S/TFC\">Truist Financial Corp</a> also beat market estimates for quarterly profit, sending the bank&#39;s shares up 2.6%.</p><p>&#34;Earnings have come in better than lowered expectations,&#34; said Paul Kim, CEO of Simplify Asset Management in New York.</p><p>&#34;So we&#39;re not seeing the bite of tighter monetary policy and inflation impacting revenue as much as feared.&#34;</p><p>Johnson &amp; Johnson shares lost 1.5%, reversing earlier gains. The healthcare giant reported profit and sales that exceeded expectations but cut its earnings outlook for the year due to a soaring U.S. currency.</p><p>A strong dollar also weighed on shares of IT hardware and services company IBM Corp, which beat quarterly revenue expectations on Monday but warned the hit from forex for the year could be about $3.5 billion.</p><p>The U.S. dollar marked its third straight day of declines as markets reduced the odds of a full percentage-point Federal Reserve rate hike this month.</p><p>Spiraling inflation initially led markets to price in a 100-basis-point hike in interest rates at the upcoming Fed meeting later this month, until some policymakers signaled a 75-basis-point increase.</p><p>The Dow Jones Industrial Average rose 754.44 points, or 2.43%, to 31,827.05, the S&amp;P 500    gained 105.84 points, or 2.76%, to 3,936.69 and the Nasdaq Composite added 353.10 points, or 3.11%, to 11,713.15.</p><p>&#34;The macro picture hasn&#39;t changed,&#34; said Kim. &#34;We still have falling earnings, high inflation pressures and a tightening Fed. So longer term, I don&#39;t think this type of rally has staying power.&#34;</p><p>In this earnings season, analysts expect aggregate year-on-year S&amp;P 500 profit to grow 5.8%, down from the 6.8% estimate at the start of the quarter, according to Refinitiv data.</p><p>Volume on U.S. exchanges was 10.95 billion shares, compared with the 11.76 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 4.88-to-1 ratio and on the Nasdaq, a 3.40-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 31 new highs and 56 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2252275158","content_text":"U.S. stocks closed with sharp gains on Tuesday as more companies joined big banks in reporting earnings that beat forecasts, offering respite to investors worried about higher inflation and a tightening Fed denting the corporate bottomline.The S&P 500    gained 2.8%, the highest close since June 9. The tech-heavy Nasdaq Composite added 3.1%, marking the biggest one-day percentage gain since June 24.Shares of Halliburton rose 2.1% after the oilfield services provider posted a 41% increase in quarterly adjusted profit. Toymaker Hasbro Inc gained 0.7% after reporting quarterly profit ahead of expectations.Truist Financial Corp also beat market estimates for quarterly profit, sending the bank's shares up 2.6%.\"Earnings have come in better than lowered expectations,\" said Paul Kim, CEO of Simplify Asset Management in New York.\"So we're not seeing the bite of tighter monetary policy and inflation impacting revenue as much as feared.\"Johnson & Johnson shares lost 1.5%, reversing earlier gains. The healthcare giant reported profit and sales that exceeded expectations but cut its earnings outlook for the year due to a soaring U.S. currency.A strong dollar also weighed on shares of IT hardware and services company IBM Corp, which beat quarterly revenue expectations on Monday but warned the hit from forex for the year could be about $3.5 billion.The U.S. dollar marked its third straight day of declines as markets reduced the odds of a full percentage-point Federal Reserve rate hike this month.Spiraling inflation initially led markets to price in a 100-basis-point hike in interest rates at the upcoming Fed meeting later this month, until some policymakers signaled a 75-basis-point increase.The Dow Jones Industrial Average rose 754.44 points, or 2.43%, to 31,827.05, the S&P 500    gained 105.84 points, or 2.76%, to 3,936.69 and the Nasdaq Composite added 353.10 points, or 3.11%, to 11,713.15.\"The macro picture hasn't changed,\" said Kim. \"We still have falling earnings, high inflation pressures and a tightening Fed. So longer term, I don't think this type of rally has staying power.\"In this earnings season, analysts expect aggregate year-on-year S&P 500 profit to grow 5.8%, down from the 6.8% estimate at the start of the quarter, according to Refinitiv data.Volume on U.S. exchanges was 10.95 billion shares, compared with the 11.76 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 4.88-to-1 ratio and on the Nasdaq, a 3.40-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 31 new highs and 56 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9063793925,"gmtCreate":1651533163220,"gmtModify":1676534919844,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9063793925","repostId":"2232872764","repostType":2,"repost":{"id":"2232872764","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1651532276,"share":"https://ttm.financial/m/news/2232872764?lang=&edition=fundamental","pubTime":"2022-05-03 06:57","market":"us","language":"en","title":"Musk Seeks to Put in Less Money in New Twitter Deal Financing -Sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2232872764","media":"Reuters","summary":"May 2 (Reuters) - Elon Musk is in talks with large investment firms and high net-worth individuals about taking on more financing for his $44 billion acquisition of Twitter Incand tying up less of his","content":"<html><head></head><body><p>May 2 (Reuters) - Elon Musk is in talks with large investment firms and high net-worth individuals about taking on more financing for his $44 billion acquisition of Twitter Inc and tying up less of his wealth in the deal, people familiar with the matter said.</p><p>Musk is the world&#39;s richest person, with Forbes estimating his net worth at about $245 billion. Yet most of his wealth is tied up in the shares of Tesla Inc, the electric car maker he leads. Last week, Musk disclosed he sold $8.5 billion worth of Tesla stock following his agreement to buy Twitter.</p><p>The new financing, which could come in the form of preferred or common equity, could reduce the $21 billion cash contribution that Musk has committed to the deal as well as a margin loan he secured against his Tesla shares, the sources said.</p><p>The banks that agreed last month to provide $13 billion in loans based on Twitter&#39;s business balked at offering more debt for Musk&#39;s acquisition given the San Francisco-based company&#39;s limited cash flow, Reuters reported last month.</p><p>Musk has also pledged some of his Tesla shares to banks to arrange a $12.5 billion margin loan to help fund the deal. He may seek to trim the size of the margin loan based on the new investor interest in the deal financing, one of the sources said.</p><p>Major investors such as private equity firms, hedge funds and high net-worth individuals are in talks with Musk about providing preferred equity financing for the acquisition, the sources said. Preferred equity would pay a fixed dividend from Twitter, in the same way that a bond or a loan pays regular interest but would appreciate in line with the equity value of the company.</p><p>Apollo Global Management Inc and Ares Management Corp are among the private equity firms that have been in talks about providing the financing, the sources added.</p><p>Musk is still deciding whether he will have partners team up with him in writing the equity check needed for the deal, the sources said. Musk is not seeking to take on more debt for the Twitter deal currently, the sources added.</p><p>Musk has also been in talks with some of Twitter&#39;s major shareholders about the possibility of them rolling their stake into the deal rather than cashing out, one of the sources said. Former Twitter Chief Executive and current board member Jack Dorsey is examining whether he will roll his take, one source added.</p><p>Large institutional investors, such as Fidelity, are also in talks about rolling over their stake, according to the source.</p><p>Musk has tweeted that he would try to keep as many investors in Twitter as possible as he takes the company private.</p><p>The sources requested anonymity because the matter is confidential. Musk, Dorsey, Fidelity, Apollo and Ares did not respond to requests for comment.</p><p>Tesla shares ended trading on Monday in New York up 3.7% at $902.94. Wedbush Securities managing director Dan Ives said the news helped ease investors&#39; concerns that Musk was relying too much on his Tesla shares for the Twitter deal financing.</p><p>&#34;This is big if it materializes as we believe the Twitter deal has been a $100+ per share overhang on Tesla’s stock due to the Musk financing concerns,&#34; Ives tweeted.</p><p>Investors have been fretting over whether Musk will complete the Twitter deal given that he has backtracked in the past. In April, he decided at the last minute not to take up a seat on Twitter&#39;s board. In 2018, Musk tweeted that there was &#34;funding secured&#34; for a $72 billion deal to take Tesla private but did not move ahead with an offer.</p><p>Twitter shares ended trading up 0.2% at $49.14 in New York on Monday, closer to the $54.20 per share acquisition price, as investors interpreted the news on the new financing discussions as making it slightly more likely that the deal will close.</p><p>Musk would have to pay a $1 billion termination fee to Twitter if he walked away, and the social media company could also sue him to complete the deal.</p><p>Musk, who calls himself a free speech absolutist, has criticized Twitter&#39;s moderation policies. He wants Twitter&#39;s algorithm for prioritizing tweets to be public and objects to giving too much power on the service to corporations that advertise.</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>Musk Seeks to Put in Less Money in New Twitter Deal Financing -Sources</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\">\nMusk Seeks to Put in Less Money in New Twitter Deal Financing -Sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-05-03 06:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 2 (Reuters) - Elon Musk is in talks with large investment firms and high net-worth individuals about taking on more financing for his $44 billion acquisition of Twitter Inc and tying up less of his wealth in the deal, people familiar with the matter said.</p><p>Musk is the world&#39;s richest person, with Forbes estimating his net worth at about $245 billion. Yet most of his wealth is tied up in the shares of Tesla Inc, the electric car maker he leads. Last week, Musk disclosed he sold $8.5 billion worth of Tesla stock following his agreement to buy Twitter.</p><p>The new financing, which could come in the form of preferred or common equity, could reduce the $21 billion cash contribution that Musk has committed to the deal as well as a margin loan he secured against his Tesla shares, the sources said.</p><p>The banks that agreed last month to provide $13 billion in loans based on Twitter&#39;s business balked at offering more debt for Musk&#39;s acquisition given the San Francisco-based company&#39;s limited cash flow, Reuters reported last month.</p><p>Musk has also pledged some of his Tesla shares to banks to arrange a $12.5 billion margin loan to help fund the deal. He may seek to trim the size of the margin loan based on the new investor interest in the deal financing, one of the sources said.</p><p>Major investors such as private equity firms, hedge funds and high net-worth individuals are in talks with Musk about providing preferred equity financing for the acquisition, the sources said. Preferred equity would pay a fixed dividend from Twitter, in the same way that a bond or a loan pays regular interest but would appreciate in line with the equity value of the company.</p><p>Apollo Global Management Inc and Ares Management Corp are among the private equity firms that have been in talks about providing the financing, the sources added.</p><p>Musk is still deciding whether he will have partners team up with him in writing the equity check needed for the deal, the sources said. Musk is not seeking to take on more debt for the Twitter deal currently, the sources added.</p><p>Musk has also been in talks with some of Twitter&#39;s major shareholders about the possibility of them rolling their stake into the deal rather than cashing out, one of the sources said. Former Twitter Chief Executive and current board member Jack Dorsey is examining whether he will roll his take, one source added.</p><p>Large institutional investors, such as Fidelity, are also in talks about rolling over their stake, according to the source.</p><p>Musk has tweeted that he would try to keep as many investors in Twitter as possible as he takes the company private.</p><p>The sources requested anonymity because the matter is confidential. Musk, Dorsey, Fidelity, Apollo and Ares did not respond to requests for comment.</p><p>Tesla shares ended trading on Monday in New York up 3.7% at $902.94. Wedbush Securities managing director Dan Ives said the news helped ease investors&#39; concerns that Musk was relying too much on his Tesla shares for the Twitter deal financing.</p><p>&#34;This is big if it materializes as we believe the Twitter deal has been a $100+ per share overhang on Tesla’s stock due to the Musk financing concerns,&#34; Ives tweeted.</p><p>Investors have been fretting over whether Musk will complete the Twitter deal given that he has backtracked in the past. In April, he decided at the last minute not to take up a seat on Twitter&#39;s board. In 2018, Musk tweeted that there was &#34;funding secured&#34; for a $72 billion deal to take Tesla private but did not move ahead with an offer.</p><p>Twitter shares ended trading up 0.2% at $49.14 in New York on Monday, closer to the $54.20 per share acquisition price, as investors interpreted the news on the new financing discussions as making it slightly more likely that the deal will close.</p><p>Musk would have to pay a $1 billion termination fee to Twitter if he walked away, and the social media company could also sue him to complete the deal.</p><p>Musk, who calls himself a free speech absolutist, has criticized Twitter&#39;s moderation policies. He wants Twitter&#39;s algorithm for prioritizing tweets to be public and objects to giving too much power on the service to corporations that advertise.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","TWTR":"Twitter","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4574":"无人驾驶","BK4550":"红杉资本持仓","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4555":"新能源车","BK4581":"高盛持仓","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2232872764","content_text":"May 2 (Reuters) - Elon Musk is in talks with large investment firms and high net-worth individuals about taking on more financing for his $44 billion acquisition of Twitter Inc and tying up less of his wealth in the deal, people familiar with the matter said.Musk is the world's richest person, with Forbes estimating his net worth at about $245 billion. Yet most of his wealth is tied up in the shares of Tesla Inc, the electric car maker he leads. Last week, Musk disclosed he sold $8.5 billion worth of Tesla stock following his agreement to buy Twitter.The new financing, which could come in the form of preferred or common equity, could reduce the $21 billion cash contribution that Musk has committed to the deal as well as a margin loan he secured against his Tesla shares, the sources said.The banks that agreed last month to provide $13 billion in loans based on Twitter's business balked at offering more debt for Musk's acquisition given the San Francisco-based company's limited cash flow, Reuters reported last month.Musk has also pledged some of his Tesla shares to banks to arrange a $12.5 billion margin loan to help fund the deal. He may seek to trim the size of the margin loan based on the new investor interest in the deal financing, one of the sources said.Major investors such as private equity firms, hedge funds and high net-worth individuals are in talks with Musk about providing preferred equity financing for the acquisition, the sources said. Preferred equity would pay a fixed dividend from Twitter, in the same way that a bond or a loan pays regular interest but would appreciate in line with the equity value of the company.Apollo Global Management Inc and Ares Management Corp are among the private equity firms that have been in talks about providing the financing, the sources added.Musk is still deciding whether he will have partners team up with him in writing the equity check needed for the deal, the sources said. Musk is not seeking to take on more debt for the Twitter deal currently, the sources added.Musk has also been in talks with some of Twitter's major shareholders about the possibility of them rolling their stake into the deal rather than cashing out, one of the sources said. Former Twitter Chief Executive and current board member Jack Dorsey is examining whether he will roll his take, one source added.Large institutional investors, such as Fidelity, are also in talks about rolling over their stake, according to the source.Musk has tweeted that he would try to keep as many investors in Twitter as possible as he takes the company private.The sources requested anonymity because the matter is confidential. Musk, Dorsey, Fidelity, Apollo and Ares did not respond to requests for comment.Tesla shares ended trading on Monday in New York up 3.7% at $902.94. Wedbush Securities managing director Dan Ives said the news helped ease investors' concerns that Musk was relying too much on his Tesla shares for the Twitter deal financing.\"This is big if it materializes as we believe the Twitter deal has been a $100+ per share overhang on Tesla’s stock due to the Musk financing concerns,\" Ives tweeted.Investors have been fretting over whether Musk will complete the Twitter deal given that he has backtracked in the past. In April, he decided at the last minute not to take up a seat on Twitter's board. In 2018, Musk tweeted that there was \"funding secured\" for a $72 billion deal to take Tesla private but did not move ahead with an offer.Twitter shares ended trading up 0.2% at $49.14 in New York on Monday, closer to the $54.20 per share acquisition price, as investors interpreted the news on the new financing discussions as making it slightly more likely that the deal will close.Musk would have to pay a $1 billion termination fee to Twitter if he walked away, and the social media company could also sue him to complete the deal.Musk, who calls himself a free speech absolutist, has criticized Twitter's moderation policies. He wants Twitter's algorithm for prioritizing tweets to be public and objects to giving too much power on the service to corporations that advertise.","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}