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Mamamom
2022-08-12
Yez
US STOCKS-Nasdaq, S&P 500 Retreat As Rate Hike Fears Cool Stock Rally
Mamamom
2022-08-04
Cool
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Mamamom
2022-08-01
Yes!
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Mamamom
2022-07-30
Yey
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Mamamom
2022-07-30
Hold
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Mamamom
2022-04-14
Aapl has been a buy in my books
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Mamamom
2022-03-31
Yes
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Mamamom
2022-03-31
Yey
Apple Stock Extends Winning Streak To 11 Sessions: Does The Rally Have More Legs?
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But policy-makers have left little doubt they will tighten monetary policy until inflation pressures fully abate.</p><p>With the labor market showing signs of softness as the number of Americans filing new claims for unemployment benefits rose for the second straight week, the Nasdaq turned lower as investors questioned the economy's strength.</p><p>"It was a better CPI print yesterday than expected and a better PPI print this morning than forecasted by analysts. So it fit that theme, that peak inflation has occurred as energy continues to decline," said George Catrambone, head of Americas trading at DWS Group. "But I would be concerned about a head fake."</p><p>The Dow Jones Industrial Average rose 27.16 points, or 0.08%, to 33,336.67, while the S&P 500 slid 2.97 points, or 0.07%, to 4,207.27 and the Nasdaq Composite dropped 74.89 points, or 0.58%, to 12,779.91.</p><p>Volume on U.S. exchanges was 12.36 billion shares, compared with the 11.06 billion average for the full session over the past 20 trading days.</p><p>Six of the 11 major S&P 500 sectors declined, with health care leading. Energy rose 3.2% to lead gainers and help value stocks advance 0.4% as growth shares fell 0.5%.</p><p>Banks extended their rally with Goldman Sachs and JPMorgan Chase & Co rising 1.1% and 1.5%, respectively.</p><p>Benchmark U.S. Treasury yields hit more than two-week highs as bond investors bet the Fed will press on with hiking rates as inflation is still hot, even though price pressures have eased a bit.</p><p>Demand, as seen by an almost 9% increase in aggregate spending power, is still too strong and may lead the Fed to stay aggressive longer than many hope, said Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers Solutions.</p><p>"We're becoming a little more worried because the Fed might have to do a little bit more work to try to cool that excess demand side of the equation," Janasiewicz said.</p><p>High-growth stocks that had rallied on Wednesday fell, Tesla Inc down 2.6% and Amazon.com Inc off 1.5%.</p><p>Despite its recent bounce of mid-June lows, the tech-heavy Nasdaq is down about 18% so far this year as fears of an aggressive monetary policy have sapped appetite for equities, particularly high-growth stocks.</p><p>The U.S. central bank has raised its policy rate by 225 basis points since March as it battles to cool demand without sparking a sharp rise in layoffs.</p><p>In earnings-driven news, Walt Disney jumped 4.7% as the media giant edged past rival Netflix Inc with 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials.</p><p>Bumble Inc fell 8.6% on cutting its full-year revenue forecast, taking a hit from the Ukraine war, while also grappling with competition from rival Match Group Inc in the online dating market.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.54-to-1 ratio; on Nasdaq, a 1.25-to-1 ratio favored advancers.</p><p>The S&P 500 posted four new 52-week highs and 29 new lows; the Nasdaq Composite recorded 69 new highs and 22 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-Nasdaq, S&P 500 Retreat As Rate Hike Fears Cool Stock Rally</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-Nasdaq, S&P 500 Retreat As Rate Hike Fears Cool Stock Rally\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 06:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. producer prices fall in July, underlying inflation slows</p><p>* Disney tops Netflix on streaming subscribers, shares jump</p><p>* U.S. weekly jobless claims rise for second straight week</p><p>NEW YORK, Aug 11 (Reuters) - The Nasdaq and S&P 500 retreated to close lower on Thursday on the realization the Federal Reserve still needs to aggressively boost interest rates to fully tame rising consumer prices despite fresh evidence of cooling inflation.</p><p>The S&P 500 closed a tad lower after earlier hitting fresh three-month highs following data that showed the U.S. producer price index (PPI) unexpectedly fell in July.</p><p>The drop in PPI raised bets in futures markets that the Fed would hike rates by 50 basis points in September instead of 75 basis points as was expected earlier in the week.</p><p>The S&P 500 and Nasdaq surged more than 2% on Wednesday after a softer-than-expected read on consumer prices. But policy-makers have left little doubt they will tighten monetary policy until inflation pressures fully abate.</p><p>With the labor market showing signs of softness as the number of Americans filing new claims for unemployment benefits rose for the second straight week, the Nasdaq turned lower as investors questioned the economy's strength.</p><p>"It was a better CPI print yesterday than expected and a better PPI print this morning than forecasted by analysts. So it fit that theme, that peak inflation has occurred as energy continues to decline," said George Catrambone, head of Americas trading at DWS Group. "But I would be concerned about a head fake."</p><p>The Dow Jones Industrial Average rose 27.16 points, or 0.08%, to 33,336.67, while the S&P 500 slid 2.97 points, or 0.07%, to 4,207.27 and the Nasdaq Composite dropped 74.89 points, or 0.58%, to 12,779.91.</p><p>Volume on U.S. exchanges was 12.36 billion shares, compared with the 11.06 billion average for the full session over the past 20 trading days.</p><p>Six of the 11 major S&P 500 sectors declined, with health care leading. Energy rose 3.2% to lead gainers and help value stocks advance 0.4% as growth shares fell 0.5%.</p><p>Banks extended their rally with Goldman Sachs and JPMorgan Chase & Co rising 1.1% and 1.5%, respectively.</p><p>Benchmark U.S. Treasury yields hit more than two-week highs as bond investors bet the Fed will press on with hiking rates as inflation is still hot, even though price pressures have eased a bit.</p><p>Demand, as seen by an almost 9% increase in aggregate spending power, is still too strong and may lead the Fed to stay aggressive longer than many hope, said Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers Solutions.</p><p>"We're becoming a little more worried because the Fed might have to do a little bit more work to try to cool that excess demand side of the equation," Janasiewicz said.</p><p>High-growth stocks that had rallied on Wednesday fell, Tesla Inc down 2.6% and Amazon.com Inc off 1.5%.</p><p>Despite its recent bounce of mid-June lows, the tech-heavy Nasdaq is down about 18% so far this year as fears of an aggressive monetary policy have sapped appetite for equities, particularly high-growth stocks.</p><p>The U.S. central bank has raised its policy rate by 225 basis points since March as it battles to cool demand without sparking a sharp rise in layoffs.</p><p>In earnings-driven news, Walt Disney jumped 4.7% as the media giant edged past rival Netflix Inc with 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials.</p><p>Bumble Inc fell 8.6% on cutting its full-year revenue forecast, taking a hit from the Ukraine war, while also grappling with competition from rival Match Group Inc in the online dating market.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.54-to-1 ratio; on Nasdaq, a 1.25-to-1 ratio favored advancers.</p><p>The S&P 500 posted four new 52-week highs and 29 new lows; the Nasdaq Composite recorded 69 new highs and 22 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF","BMBL":"Bumble Inc.","OEX":"标普100",".SPX":"S&P 500 Index","OEF":"标普100指数ETF-iShares","GS":"高盛","MTCH":"Match Group, Inc.","SDS":"两倍做空标普500ETF","AMZN":"亚马逊","UPRO":"三倍做多标普500ETF","IVV":"标普500指数ETF","TSLA":"特斯拉","NFLX":"奈飞","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","DIS":"迪士尼","JPM":"摩根大通","SPXU":"三倍做空标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258125737","content_text":"* U.S. producer prices fall in July, underlying inflation slows* Disney tops Netflix on streaming subscribers, shares jump* U.S. weekly jobless claims rise for second straight weekNEW YORK, Aug 11 (Reuters) - The Nasdaq and S&P 500 retreated to close lower on Thursday on the realization the Federal Reserve still needs to aggressively boost interest rates to fully tame rising consumer prices despite fresh evidence of cooling inflation.The S&P 500 closed a tad lower after earlier hitting fresh three-month highs following data that showed the U.S. producer price index (PPI) unexpectedly fell in July.The drop in PPI raised bets in futures markets that the Fed would hike rates by 50 basis points in September instead of 75 basis points as was expected earlier in the week.The S&P 500 and Nasdaq surged more than 2% on Wednesday after a softer-than-expected read on consumer prices. But policy-makers have left little doubt they will tighten monetary policy until inflation pressures fully abate.With the labor market showing signs of softness as the number of Americans filing new claims for unemployment benefits rose for the second straight week, the Nasdaq turned lower as investors questioned the economy's strength.\"It was a better CPI print yesterday than expected and a better PPI print this morning than forecasted by analysts. So it fit that theme, that peak inflation has occurred as energy continues to decline,\" said George Catrambone, head of Americas trading at DWS Group. \"But I would be concerned about a head fake.\"The Dow Jones Industrial Average rose 27.16 points, or 0.08%, to 33,336.67, while the S&P 500 slid 2.97 points, or 0.07%, to 4,207.27 and the Nasdaq Composite dropped 74.89 points, or 0.58%, to 12,779.91.Volume on U.S. exchanges was 12.36 billion shares, compared with the 11.06 billion average for the full session over the past 20 trading days.Six of the 11 major S&P 500 sectors declined, with health care leading. Energy rose 3.2% to lead gainers and help value stocks advance 0.4% as growth shares fell 0.5%.Banks extended their rally with Goldman Sachs and JPMorgan Chase & Co rising 1.1% and 1.5%, respectively.Benchmark U.S. Treasury yields hit more than two-week highs as bond investors bet the Fed will press on with hiking rates as inflation is still hot, even though price pressures have eased a bit.Demand, as seen by an almost 9% increase in aggregate spending power, is still too strong and may lead the Fed to stay aggressive longer than many hope, said Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers Solutions.\"We're becoming a little more worried because the Fed might have to do a little bit more work to try to cool that excess demand side of the equation,\" Janasiewicz said.High-growth stocks that had rallied on Wednesday fell, Tesla Inc down 2.6% and Amazon.com Inc off 1.5%.Despite its recent bounce of mid-June lows, the tech-heavy Nasdaq is down about 18% so far this year as fears of an aggressive monetary policy have sapped appetite for equities, particularly high-growth stocks.The U.S. central bank has raised its policy rate by 225 basis points since March as it battles to cool demand without sparking a sharp rise in layoffs.In earnings-driven news, Walt Disney jumped 4.7% as the media giant edged past rival Netflix Inc with 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials.Bumble Inc fell 8.6% on cutting its full-year revenue forecast, taking a hit from the Ukraine war, while also grappling with competition from rival Match Group Inc in the online dating market.Advancing issues outnumbered declining ones on the NYSE by a 1.54-to-1 ratio; on Nasdaq, a 1.25-to-1 ratio favored advancers.The S&P 500 posted four new 52-week highs and 29 new lows; the Nasdaq Composite recorded 69 new highs and 22 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902033123,"gmtCreate":1659608704765,"gmtModify":1705982121100,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902033123","repostId":"1126573166","repostType":2,"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9908340550,"gmtCreate":1659325944470,"gmtModify":1676536287752,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Yes!","listText":"Yes!","text":"Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908340550","repostId":"1143504703","repostType":2,"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901100692,"gmtCreate":1659143991016,"gmtModify":1676536263899,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Yey","listText":"Yey","text":"Yey","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901100692","repostId":"1160344658","repostType":2,"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901377165,"gmtCreate":1659143958557,"gmtModify":1676536263908,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Hold","listText":"Hold","text":"Hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901377165","repostId":"1114809450","repostType":2,"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9080705206,"gmtCreate":1649912776651,"gmtModify":1676534606072,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Aapl has been a buy in my books","listText":"Aapl has been a buy in my books","text":"Aapl has been a buy in my books","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080705206","repostId":"2227641931","repostType":2,"isVote":1,"tweetType":1,"viewCount":409,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9013151584,"gmtCreate":1648693041067,"gmtModify":1676534381151,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013151584","repostId":"2223820317","repostType":2,"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9013153343,"gmtCreate":1648692947052,"gmtModify":1676534381137,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Yey","listText":"Yey","text":"Yey","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013153343","repostId":"1116605765","repostType":2,"repost":{"id":"1116605765","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1648630693,"share":"https://ttm.financial/m/news/1116605765?lang=&edition=fundamental","pubTime":"2022-03-30 16:58","market":"us","language":"en","title":"Apple Stock Extends Winning Streak To 11 Sessions: Does The Rally Have More Legs?","url":"https://stock-news.laohu8.com/highlight/detail?id=1116605765","media":"Benzinga","summary":"After languishing amid the tech-led market sell-off, Apple, Inc.(NASDAQ: AAPL) shares have seen a ni","content":"<html><head></head><body><p>After languishing amid the tech-led market sell-off, <b>Apple, Inc.</b>(NASDAQ: AAPL) shares have seen a nice recovery in recent sessions.</p><p><img src=\"https://static.tigerbbs.com/82a0a708486ed6a18dd53641a3ec4550\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><b>Apple Back In The Green:</b> Apple stock bottomed at $150.10 on March 14 before ending the session at $150.62. Since then, the stock has been higher for 11 straight sessions, the longest winning streak in about nine years.</p><p>Thanks to the extended rally witnessed by the stock, it has turned positive for the year-to-date period.</p><p>Apple stock ended 2021 with a gain of 34.6% and peaked at $182.94 on Jan. 4, 2022. It traced a down move until late January before staging a recovery, with the quarterly earnings report serving as the catalyst. Unable to break through resistance around $176, the stock faltered yet again and tumbled to the March 14 low.</p><p>The stock is now up about 4.2% year-to-date.</p><p><b>What's Driving The Rally?</b>Apple typically has a lean patch in the first half of a calendar year, primarily because it is coming off a seasonally strong holiday quarter. Also, the tech giant's key hardware launch events are back-end loaded.</p><p>This time around, the word on the Street is that the company has staggered, multiple launch events. Earlier this month, Apple hosted its "Peek Performance" event, where it unveiled the next iteration of its 5G-enabled iPhone SE budget phone.</p><p>Apple also announced a new in-house, high-performance chip, the M1 Ultra, and a new Mac desktop and display.</p><p>It is also rumored that Apple will announce a hardware subscription option, which according to Morgan Stanley analyst Katy Huberty will drive meaningful upside to the stock price.</p><p>Also supporting the Apple rally is an alleviation in the geopolitical turbulence seen around the Russia-Ukraine war. This has increased appetites for risky investment bets, including equities.</p><p>Is the worst phase over for Apple? The average analyst price target for Apple is $193.36, according to data compiled by TipRanks. This suggests the stock has further room to run. The consensus price target implies roughly 10% upside.</p><p><b>AAPL Price Action:</b> Apple shares gained 1.91% Tuesday, closing at $178.96, according to Benzinga Pro.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock Extends Winning Streak To 11 Sessions: Does The Rally Have More Legs?</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 Extends Winning Streak To 11 Sessions: Does The Rally Have More Legs?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-03-30 16:58</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>After languishing amid the tech-led market sell-off, <b>Apple, Inc.</b>(NASDAQ: AAPL) shares have seen a nice recovery in recent sessions.</p><p><img src=\"https://static.tigerbbs.com/82a0a708486ed6a18dd53641a3ec4550\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><b>Apple Back In The Green:</b> Apple stock bottomed at $150.10 on March 14 before ending the session at $150.62. Since then, the stock has been higher for 11 straight sessions, the longest winning streak in about nine years.</p><p>Thanks to the extended rally witnessed by the stock, it has turned positive for the year-to-date period.</p><p>Apple stock ended 2021 with a gain of 34.6% and peaked at $182.94 on Jan. 4, 2022. It traced a down move until late January before staging a recovery, with the quarterly earnings report serving as the catalyst. Unable to break through resistance around $176, the stock faltered yet again and tumbled to the March 14 low.</p><p>The stock is now up about 4.2% year-to-date.</p><p><b>What's Driving The Rally?</b>Apple typically has a lean patch in the first half of a calendar year, primarily because it is coming off a seasonally strong holiday quarter. Also, the tech giant's key hardware launch events are back-end loaded.</p><p>This time around, the word on the Street is that the company has staggered, multiple launch events. Earlier this month, Apple hosted its "Peek Performance" event, where it unveiled the next iteration of its 5G-enabled iPhone SE budget phone.</p><p>Apple also announced a new in-house, high-performance chip, the M1 Ultra, and a new Mac desktop and display.</p><p>It is also rumored that Apple will announce a hardware subscription option, which according to Morgan Stanley analyst Katy Huberty will drive meaningful upside to the stock price.</p><p>Also supporting the Apple rally is an alleviation in the geopolitical turbulence seen around the Russia-Ukraine war. This has increased appetites for risky investment bets, including equities.</p><p>Is the worst phase over for Apple? The average analyst price target for Apple is $193.36, according to data compiled by TipRanks. This suggests the stock has further room to run. The consensus price target implies roughly 10% upside.</p><p><b>AAPL Price Action:</b> Apple shares gained 1.91% Tuesday, closing at $178.96, according to Benzinga Pro.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116605765","content_text":"After languishing amid the tech-led market sell-off, Apple, Inc.(NASDAQ: AAPL) shares have seen a nice recovery in recent sessions.Apple Back In The Green: Apple stock bottomed at $150.10 on March 14 before ending the session at $150.62. Since then, the stock has been higher for 11 straight sessions, the longest winning streak in about nine years.Thanks to the extended rally witnessed by the stock, it has turned positive for the year-to-date period.Apple stock ended 2021 with a gain of 34.6% and peaked at $182.94 on Jan. 4, 2022. It traced a down move until late January before staging a recovery, with the quarterly earnings report serving as the catalyst. Unable to break through resistance around $176, the stock faltered yet again and tumbled to the March 14 low.The stock is now up about 4.2% year-to-date.What's Driving The Rally?Apple typically has a lean patch in the first half of a calendar year, primarily because it is coming off a seasonally strong holiday quarter. Also, the tech giant's key hardware launch events are back-end loaded.This time around, the word on the Street is that the company has staggered, multiple launch events. Earlier this month, Apple hosted its \"Peek Performance\" event, where it unveiled the next iteration of its 5G-enabled iPhone SE budget phone.Apple also announced a new in-house, high-performance chip, the M1 Ultra, and a new Mac desktop and display.It is also rumored that Apple will announce a hardware subscription option, which according to Morgan Stanley analyst Katy Huberty will drive meaningful upside to the stock price.Also supporting the Apple rally is an alleviation in the geopolitical turbulence seen around the Russia-Ukraine war. This has increased appetites for risky investment bets, including equities.Is the worst phase over for Apple? The average analyst price target for Apple is $193.36, according to data compiled by TipRanks. This suggests the stock has further room to run. The consensus price target implies roughly 10% upside.AAPL Price Action: Apple shares gained 1.91% Tuesday, closing at $178.96, according to Benzinga Pro.","news_type":1},"isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9908340550,"gmtCreate":1659325944470,"gmtModify":1676536287752,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Yes!","listText":"Yes!","text":"Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908340550","repostId":"1143504703","repostType":2,"repost":{"id":"1143504703","pubTimestamp":1659312356,"share":"https://ttm.financial/m/news/1143504703?lang=&edition=fundamental","pubTime":"2022-08-01 08:05","market":"sg","language":"en","title":"Rebound Predicted For Singapore Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1143504703","media":"rtt news","summary":"The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,210-poi","content":"<html><head></head><body><p>The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,210-point plateau although it's expected to bounce higher again on Monday.</p><p>The global forecast for the Asian markets is upbeat on optimism over corporate earnings, plus support from the energy and technology sectors. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion.</p><p>The STI finished slightly lower on Friday following losses from the financials and mixed performances from the properties and industrials.</p><p>For the day, the index slipped 9.09 points or 0.28 percent to finish at 3,211.56 after trading between 3,199.96 and 3,244.29. Volume was 1.29 billion shares worth 1.35 billion Singapore dollars. There were 258 decliners and 230 gainers.</p><p>Among the actives, Ascendas REIT rose 0.34 percent, while CapitaLand Integrated Commercial Trust surged 2.35 percent, City Developments slumped 0.64 percent, Comfort DelGro tumbled 1.39 percent, DBS Group declined 1.10 percent, Genting Singapore dropped 0.62 percent, Hongkong Land skyrocketed 6.79 percent, Keppel Corp soared 1.62 percent, Mapletree Commercial Trust climbed 1,06 percent, Mapletree Logistics Trust added 0.57 percent, Oversea-Chinese Banking Corporation and SembCorp Industries both lost 0.34 percent, SATS spiked 1.28 percent, Singapore Exchange gained 0.41 percent, Singapore Technologies Engineering sank 0.50 percent, SingTel fell 0.38 percent, Thai Beverage rallied 0.78 percent, United Overseas Bank tanked 2.51 percent, Wilmar International retreated 0.74 percent, Yangzijiang Financial plunged 3.66 percent, Yangzijiang Shipbuilding plummeted 4.62 percent and CapitaLand Investment and Mapletree Industrial Trust were unchanged.</p><p>The lead from Wall Street is positive as the major averages opened higher on Friday and accelerated as the day progressed, ending near session highs.</p><p>The Dow spiked 315.53 points or 0.97 percent to finish at 32,845.13, while the NASDAQ jumped 228.09 points or 1.88 percent to end at 12,390.69 and the S&P 500 gained 57.86 points or 1.42 percent to close at 4,130.29.</p><p>For the week, the NASDAQ spiked 4.7 percent, the S&P climbed 4.3 percent and the Dow gained 3.0 percent. The three-day rally also capped off a strong month for stocks, with the major averages recording their best monthly gains since 2020.</p><p>The continued strength on Wall Street reflected a positive reaction to the latest batch of earnings news from big-name companies like Amazon (AMZN) and tech giant Apple (AAPL) - although others like Intel (INTC) and Proctor & Gamble (PG) disappointed.</p><p>Crude oil prices rose sharply after the Energy Information Administration said U.S. crude inventories tumbled last week. West Texas Intermediate Crude oil futures for September ended higher by $2.20 or 2.3 percent at $98.62 a barrel. WTI crude futures gained 4.1 percent in the week but fell 6.8 percent in the month.</p></body></html>","source":"lsy1637539882596","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>Rebound 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\">\nRebound Predicted For Singapore Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-01 08:05 GMT+8 <a href=https://www.rttnews.com/3301011/rebound-predicted-for-singapore-stock-market.aspx?type=acom><strong>rtt news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,210-...</p>\n\n<a href=\"https://www.rttnews.com/3301011/rebound-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/3301011/rebound-predicted-for-singapore-stock-market.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143504703","content_text":"The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,210-point plateau although it's expected to bounce higher again on Monday.The global forecast for the Asian markets is upbeat on optimism over corporate earnings, plus support from the energy and technology sectors. The European and U.S. markets were solidly higher and the Asian bourses are tipped to open in similar fashion.The STI finished slightly lower on Friday following losses from the financials and mixed performances from the properties and industrials.For the day, the index slipped 9.09 points or 0.28 percent to finish at 3,211.56 after trading between 3,199.96 and 3,244.29. Volume was 1.29 billion shares worth 1.35 billion Singapore dollars. There were 258 decliners and 230 gainers.Among the actives, Ascendas REIT rose 0.34 percent, while CapitaLand Integrated Commercial Trust surged 2.35 percent, City Developments slumped 0.64 percent, Comfort DelGro tumbled 1.39 percent, DBS Group declined 1.10 percent, Genting Singapore dropped 0.62 percent, Hongkong Land skyrocketed 6.79 percent, Keppel Corp soared 1.62 percent, Mapletree Commercial Trust climbed 1,06 percent, Mapletree Logistics Trust added 0.57 percent, Oversea-Chinese Banking Corporation and SembCorp Industries both lost 0.34 percent, SATS spiked 1.28 percent, Singapore Exchange gained 0.41 percent, Singapore Technologies Engineering sank 0.50 percent, SingTel fell 0.38 percent, Thai Beverage rallied 0.78 percent, United Overseas Bank tanked 2.51 percent, Wilmar International retreated 0.74 percent, Yangzijiang Financial plunged 3.66 percent, Yangzijiang Shipbuilding plummeted 4.62 percent and CapitaLand Investment and Mapletree Industrial Trust were unchanged.The lead from Wall Street is positive as the major averages opened higher on Friday and accelerated as the day progressed, ending near session highs.The Dow spiked 315.53 points or 0.97 percent to finish at 32,845.13, while the NASDAQ jumped 228.09 points or 1.88 percent to end at 12,390.69 and the S&P 500 gained 57.86 points or 1.42 percent to close at 4,130.29.For the week, the NASDAQ spiked 4.7 percent, the S&P climbed 4.3 percent and the Dow gained 3.0 percent. The three-day rally also capped off a strong month for stocks, with the major averages recording their best monthly gains since 2020.The continued strength on Wall Street reflected a positive reaction to the latest batch of earnings news from big-name companies like Amazon (AMZN) and tech giant Apple (AAPL) - although others like Intel (INTC) and Proctor & Gamble (PG) disappointed.Crude oil prices rose sharply after the Energy Information Administration said U.S. crude inventories tumbled last week. West Texas Intermediate Crude oil futures for September ended higher by $2.20 or 2.3 percent at $98.62 a barrel. WTI crude futures gained 4.1 percent in the week but fell 6.8 percent in the month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9080705206,"gmtCreate":1649912776651,"gmtModify":1676534606072,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Aapl has been a buy in my books","listText":"Aapl has been a buy in my books","text":"Aapl has been a buy in my books","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080705206","repostId":"2227641931","repostType":2,"repost":{"id":"2227641931","pubTimestamp":1649904835,"share":"https://ttm.financial/m/news/2227641931?lang=&edition=fundamental","pubTime":"2022-04-14 10:53","market":"us","language":"en","title":"This Apple Is Ripe For Picking","url":"https://stock-news.laohu8.com/highlight/detail?id=2227641931","media":"seekingalpha","summary":"SummaryApple has been increasing its dividend for nine straight years.AAPL stock has pulled back aft","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Apple has been increasing its dividend for nine straight years.</li><li>AAPL stock has pulled back after briefly topping a $3 trillion valuation in late 2021.</li><li>Even with some headwinds, AAPL looks set to get back above the $3 trillion mark again soon - driven by underlying growth and stock buybacks.</li><li>In late April, the dividend is likely to be increased for the tenth straight year by as much as 9%.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3242bc1bab4e0437b8ee0ca17d4e893f\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>hapabapa/iStock Editorial via Getty Images</span></p><p>Apple (NASDAQ:AAPL) has been producing stellar returns for investors for two decades now. Even though past success will be hard to replicate, I will argue that double-digit returns are still attainable going forward. Though the yield is low due to the rapidly rising share price, it is extremely safe and will grow for as long as the eye can see. In late April, the company is likely to hike the dividend for the tenth year in a row by as much as 9%.</p><p>This wealth compounder had another good year last year and in the first quarter with revenue up 11% and new all-time high revenues for several important segments such as the iPhone and Services. And about that safe dividend? The company made $2.10 per share in the quarter -- up 25% from last year -- and paid a $0.22 dividend. Suffice it to say, it is well covered. It is truly quite remarkable that a nearly $3 trillion company can continue to grow this fast.</p><p>The growth rate is even more astounding considering that it is larger than the total of all listed companies of many countries, and it continues to grow faster. Apple has a higher market cap than Deutsche Börse and only a little smaller than the London Stock Exchange, which by the way includes Milan.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/121476492086effaad86bb06b39dcc38\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"/><span>Data by YCharts</span></p><p>Over the last five years, the stock has truly been on a tear, having gone from $35.26 to the current level of $167.65 for a multiple of 4.75x. That is equal to an annualized return of 36.6%. Adding in the admittedly low dividend yield will push the return even higher. Remember, Apple was already <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest and safest companies in the world back then and still managed to produce these magnificent returns.</p><p>Apparently, the people over at Apple haven't heard about the law of large numbers. It seems investors shouldn't mind that.</p><p><b>Apple's Dividend History</b></p><p>Apple has a somewhat erratic dividend history if we go all the way back to the Apple of the old days. In newer times, Steve Jobs famously refused to pay dividends believing it didn't increase the value of the firm. Finally, though, in 2012, it was reinstated. It has been increased every April or May ever since.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1e46c30520c5ef17093997140b1713ff\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"/><span>Data by YCharts</span></p><p>As we can see above, the dividend has been increasing at a steady pace every year, with the small exception of 2018 when it was raised by a full 16%. Back in the spring of 2017, the dividend was $0.1425 split-adjusted while it currently sits at $0.22, which is 54.3% higher. Annualized, the growth rate is a rather modest 9.1% increase, which is slightly higher than the current rate of inflation. Considering the enormous growth of the company, the dividend growth rate is not that impressive. Almost like a compromise with the late Steve Jobs. There will be a dividend, but it will only grow modestly.</p><p>The growth rate above is skewed upwards by the bumper dividend increase in 2018, partly due to the tax cuts that year. If we look at the cleaner years of late, the typical increase has been about 6-7%. Last year, it was up 7.3% and 6.5% the year before that. It is pretty clear that the Board does not stress about offering the highest growth rate in town, but is rather quite conservative as to the growth rate.</p><p>Buybacks are more of the thing at this company. In the latest quarter, it paid dividends of $3.7 billion but bought back stock of $20.4 billion or 5.5x more money spent on buybacks as opposed to dividends. In that sense, we can say that Apple has a stealth dividend yield of 3.3%. This is part of the reason why I believe double-digit returns are still attainable. With a capital return to investors of 3.3%, you only need growth of 7% to tip you over into double-digit territory. With inflation currently around 8%, that should be well within reach. And the best thing of all, the company is producing more cash flow than ever and still has net cash of $80 billion to spend on buybacks and dividends.</p><p><b>Apple's Growth Prospects and Upcoming Dividend Hike</b></p><p>Of course, even with a lot of cash, all dividend growth streaks are not sustainable over the long term if there is no underlying earnings growth. Fortunately, it is highly likely that earnings growth will not be lacking for Apple for a very long time. From Q1 2021 to Q1 2022, services revenue was up by 23.8% while products revenue was up 9.1%.</p><p>The good thing about services is that they tend to be sticky and increase over time. On a personal note, I recently had to upgrade my iCloud backup capacity and it's highly unlikely that it will ever be downgraded as I continue to store more things. Over time, it will have to be upgraded again so the company will grow services revenue over time almost automatically. Add on a few more customers here and there, some new services related to AR/VR, and improve existing services like Apple TV+ and you have a recipe for robust services growth for a long time to come. Another nicety is that margins are extremely high in this segment at 72.4% in Q1 2022. On top of all of this, services enjoy an add-on effect on hardware sale. A larger installed base, be it from Macs or iPhones, will increase App Store sales, iCloud sales, Music sales, and all the rest of the categories within services. This is a big part of the reason for the multiple expansion of Apple over the years. It used to be viewed strictly as a hardware company but is now recognized as a hybrid with high-margin hardware driving even higher-margin services revenue.</p><p>On the hardware side of things, the sales of the iPhone increased by 9.1%. Demand for the iPhone 13 has been robust and the continuing rollout of 5G networks worldwide will continue to increase demand for 5G phones, like the iPhone 13 and the coming iPhone 14. Wearables is continuing to grow robustly at 13.3% and let's not forget all the rumored new products coming up, from Apple Car to Apple VR/AR glasses. If any of these materialize and become even remotely successful, they will not only increase earnings on their own but will also boost services growth.</p><p>Put together, with the growth trends we have seen lately and with all the plans for the future, a revenue growth rate just below 10% for the long term should be well within reach. Adding in buybacks and the dividend should result in total shareholder returns comfortably above 10% annually.</p><p>With this as a backdrop, we can analyze what a potential dividend hike in late April could look like. On the upside, the payout ratio has been falling precipitously over the last two years which leaves the Board with a lot of headroom in terms of dividend growth. At current levels of 14.5%, I think we can safely conclude that there is no hindrance to the dividend based on this metric. A double-digit dividend increase to say 25 cents would only increase the payout ratio to 16.5% -- still ultra-conservative.</p><p>On the low end, the world is quite uncertain at the moment, both in terms of disrupted supply chains but also in terms of higher raw material prices. This is an argument for sticking with the customary increases of 6-7%. After all, investors have gotten used to the fact that buybacks -- and not dividends -- are the real thing at Apple. Even so, not even being compensated for inflation from a company like Apple is bound to be a disappointment to most investors. U.S. headline inflation is currently at 8.5% while core CPI came in at 6.5%. When revenues were up 11% from last year and EPS up by even more and a payout ratio as low as it is, even a conservative Board should strike a balance between safety and compensating investors properly.</p><p>If the dividend were to increase to $0.235 per share per quarter, that would mean a growth rate of 6.8%. In my book that would be an absolute minimum. On the trajectory this company is on, the payout ratio would fall further and investors would almost be compensated for inflation. It is totally unnecessary to be this conservative, so I think the Board would go up one step to <b>$0.24</b>, which represents a 9.1% bump up from the current level. This will more than compensate for inflation, still be in the conservative range below double-digits, and will not make a negative impact on the ultra-low payout ratio. Incidentally, it is exactly the same as the average growth rate over the last five years.</p><p><b>Risk Factors</b></p><p>Geopolitics is a very visible risk factor at the moment. Due to Ukraine war, many companies, including Apple, decided to discontinue operations in Russia. Even though it is estimated that only about 1.4% of Apple's revenues come from Russia, there is a risk that the same will happen in future conflicts in other countries as well. Another risk is the rather long-lasting struggle in global supply chains. First, the pandemic caused a lot of trouble and now a war with further strains on access to important minerals creates even more trouble. This is not a quick fix as raw materials lie where they lie and it is difficult to find alternatives over the short term. Competition is an omnipresent risk. Every day, brainy people are working hard on the next version of a product or even an entirely new product to make inroads into Apple's territory.</p><p><b>Current Valuation</b></p><p>Valuation is always important, especially for longer-term investors. Valuation can get out of whack for a period of time, but eventually, all assets get repriced as reality dawns on people, just ask holders of ARK Innovation <a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETF</a> (ARKK). So, in order to evaluate that, I have chosen two close peers to see how Apple is valued both on its own and relative to its competition.</p><p>The two other companies are Samsung (OTC:SSNLF) and Microsoft (MSFT). The first one was chosen due to its smartphones and the second one due to its software.</p><table><tbody><tr><td><b>Apple</b></td><td><b>Samsung</b></td><td><b>Microsoft</b></td></tr><tr><td>Price/Sales</td><td>6.8x</td><td>1.6x</td><td>10.8x</td></tr><tr><td>Price/Earnings</td><td>26.9x</td><td>11.5x</td><td>29.5x</td></tr><tr><td>Yield</td><td>0.5%</td><td>2.2%</td><td>0.8%</td></tr></tbody></table><p><i>Source: Seeking Alpha</i></p><p>Right off the bat, we can see that Samsung is clearly the cheapest option here on all three metrics. Samsung has always been pretty cheap in relation to its U.S. counterparts and will likely always be so. So, on pure metrics, Samsung is the most enticing buy, but a cheap buy isn't necessarily the best option if it always remains the cheapest buy.</p><p>Apple is in second place both in terms of Price/Sales and in terms of Price/Earnings where it is slightly cheaper than Microsoft. The difference is not huge, however, and probably due to the fact that Microsoft is a more pure-play recurring revenue software company than Apple. A P/E multiple just below 30x is not by any means cheap, but can absolutely be justified for these companies on the back of super-solid balance sheets and still robust growth prospects.</p><p>The dividend yield is not at all exciting for neither Apple nor Microsoft. The yield should not be your reason for buying Apple, but should rather be viewed as icing on the cake. Wall Street analysts see a long-term EPS growth of 11.6% from Apple. Adding in the dividend yield and assuming that the relatively fair multiple stays the same, investors have an expected total shareholder return of 12.1% over the next five years. This is comfortably above what the market has produced over time, and you get this from one of the most solid businesses on earth. It has so much cash it is still working on getting to a neutral net cash level, it has an enormous -- and growing -- installed base, it is buying back more stock in dollars every year than most companies' market cap, and it looks set to keep growing EPS at double-digit rates for many years to come. Relatively young investors who want to be invested in a solid company with good growth prospects and a dividend that over time will grow into a considerable income stream should buy Apple at these levels. Investors who only care for current income should look for other opportunities than this 0.5% yielder.</p><p><b>Conclusion</b></p><p>Apple has been increasing its dividend for a decade soon. The stock has pulled back slightly from recent highs and looks set to reclaim the $3 trillion throne again as organic earnings growth in conjunction with buybacks ensures double-digit earnings growth for many years to come. The dividend is likely to be increased in late April by 9%. With a low starting yield, there will be a long time before meaningful income can be produced from this stock. Even so, for relatively young investors who seek safety and robust long-term growth in both the share price and the dividend, Apple is one of the better buys in this market at the current level.</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>This Apple Is Ripe For Picking</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\">\nThis Apple Is Ripe For Picking\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-14 10:53 GMT+8 <a href=https://seekingalpha.com/article/4501331-apple-to-reclaim-3-trillion-as-dividend-will-be-hiked-yet-again><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple has been increasing its dividend for nine straight years.AAPL stock has pulled back after briefly topping a $3 trillion valuation in late 2021.Even with some headwinds, AAPL looks set to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4501331-apple-to-reclaim-3-trillion-as-dividend-will-be-hiked-yet-again\">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","BK4170":"电脑硬件、储存设备及电脑周边","BK4515":"5G概念","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4553":"喜马拉雅资本持仓","BK4571":"数字音乐概念","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4576":"AR","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4575":"芯片概念","BK4566":"资本集团","BK4501":"段永平概念","BK4527":"明星科技股","BK4559":"巴菲特持仓","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4574":"无人驾驶","BK4573":"虚拟现实","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","BK4512":"苹果概念"},"source_url":"https://seekingalpha.com/article/4501331-apple-to-reclaim-3-trillion-as-dividend-will-be-hiked-yet-again","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2227641931","content_text":"SummaryApple has been increasing its dividend for nine straight years.AAPL stock has pulled back after briefly topping a $3 trillion valuation in late 2021.Even with some headwinds, AAPL looks set to get back above the $3 trillion mark again soon - driven by underlying growth and stock buybacks.In late April, the dividend is likely to be increased for the tenth straight year by as much as 9%.hapabapa/iStock Editorial via Getty ImagesApple (NASDAQ:AAPL) has been producing stellar returns for investors for two decades now. Even though past success will be hard to replicate, I will argue that double-digit returns are still attainable going forward. Though the yield is low due to the rapidly rising share price, it is extremely safe and will grow for as long as the eye can see. In late April, the company is likely to hike the dividend for the tenth year in a row by as much as 9%.This wealth compounder had another good year last year and in the first quarter with revenue up 11% and new all-time high revenues for several important segments such as the iPhone and Services. And about that safe dividend? The company made $2.10 per share in the quarter -- up 25% from last year -- and paid a $0.22 dividend. Suffice it to say, it is well covered. It is truly quite remarkable that a nearly $3 trillion company can continue to grow this fast.The growth rate is even more astounding considering that it is larger than the total of all listed companies of many countries, and it continues to grow faster. Apple has a higher market cap than Deutsche Börse and only a little smaller than the London Stock Exchange, which by the way includes Milan.Data by YChartsOver the last five years, the stock has truly been on a tear, having gone from $35.26 to the current level of $167.65 for a multiple of 4.75x. That is equal to an annualized return of 36.6%. Adding in the admittedly low dividend yield will push the return even higher. Remember, Apple was already one of the largest and safest companies in the world back then and still managed to produce these magnificent returns.Apparently, the people over at Apple haven't heard about the law of large numbers. It seems investors shouldn't mind that.Apple's Dividend HistoryApple has a somewhat erratic dividend history if we go all the way back to the Apple of the old days. In newer times, Steve Jobs famously refused to pay dividends believing it didn't increase the value of the firm. Finally, though, in 2012, it was reinstated. It has been increased every April or May ever since.Data by YChartsAs we can see above, the dividend has been increasing at a steady pace every year, with the small exception of 2018 when it was raised by a full 16%. Back in the spring of 2017, the dividend was $0.1425 split-adjusted while it currently sits at $0.22, which is 54.3% higher. Annualized, the growth rate is a rather modest 9.1% increase, which is slightly higher than the current rate of inflation. Considering the enormous growth of the company, the dividend growth rate is not that impressive. Almost like a compromise with the late Steve Jobs. There will be a dividend, but it will only grow modestly.The growth rate above is skewed upwards by the bumper dividend increase in 2018, partly due to the tax cuts that year. If we look at the cleaner years of late, the typical increase has been about 6-7%. Last year, it was up 7.3% and 6.5% the year before that. It is pretty clear that the Board does not stress about offering the highest growth rate in town, but is rather quite conservative as to the growth rate.Buybacks are more of the thing at this company. In the latest quarter, it paid dividends of $3.7 billion but bought back stock of $20.4 billion or 5.5x more money spent on buybacks as opposed to dividends. In that sense, we can say that Apple has a stealth dividend yield of 3.3%. This is part of the reason why I believe double-digit returns are still attainable. With a capital return to investors of 3.3%, you only need growth of 7% to tip you over into double-digit territory. With inflation currently around 8%, that should be well within reach. And the best thing of all, the company is producing more cash flow than ever and still has net cash of $80 billion to spend on buybacks and dividends.Apple's Growth Prospects and Upcoming Dividend HikeOf course, even with a lot of cash, all dividend growth streaks are not sustainable over the long term if there is no underlying earnings growth. Fortunately, it is highly likely that earnings growth will not be lacking for Apple for a very long time. From Q1 2021 to Q1 2022, services revenue was up by 23.8% while products revenue was up 9.1%.The good thing about services is that they tend to be sticky and increase over time. On a personal note, I recently had to upgrade my iCloud backup capacity and it's highly unlikely that it will ever be downgraded as I continue to store more things. Over time, it will have to be upgraded again so the company will grow services revenue over time almost automatically. Add on a few more customers here and there, some new services related to AR/VR, and improve existing services like Apple TV+ and you have a recipe for robust services growth for a long time to come. Another nicety is that margins are extremely high in this segment at 72.4% in Q1 2022. On top of all of this, services enjoy an add-on effect on hardware sale. A larger installed base, be it from Macs or iPhones, will increase App Store sales, iCloud sales, Music sales, and all the rest of the categories within services. This is a big part of the reason for the multiple expansion of Apple over the years. It used to be viewed strictly as a hardware company but is now recognized as a hybrid with high-margin hardware driving even higher-margin services revenue.On the hardware side of things, the sales of the iPhone increased by 9.1%. Demand for the iPhone 13 has been robust and the continuing rollout of 5G networks worldwide will continue to increase demand for 5G phones, like the iPhone 13 and the coming iPhone 14. Wearables is continuing to grow robustly at 13.3% and let's not forget all the rumored new products coming up, from Apple Car to Apple VR/AR glasses. If any of these materialize and become even remotely successful, they will not only increase earnings on their own but will also boost services growth.Put together, with the growth trends we have seen lately and with all the plans for the future, a revenue growth rate just below 10% for the long term should be well within reach. Adding in buybacks and the dividend should result in total shareholder returns comfortably above 10% annually.With this as a backdrop, we can analyze what a potential dividend hike in late April could look like. On the upside, the payout ratio has been falling precipitously over the last two years which leaves the Board with a lot of headroom in terms of dividend growth. At current levels of 14.5%, I think we can safely conclude that there is no hindrance to the dividend based on this metric. A double-digit dividend increase to say 25 cents would only increase the payout ratio to 16.5% -- still ultra-conservative.On the low end, the world is quite uncertain at the moment, both in terms of disrupted supply chains but also in terms of higher raw material prices. This is an argument for sticking with the customary increases of 6-7%. After all, investors have gotten used to the fact that buybacks -- and not dividends -- are the real thing at Apple. Even so, not even being compensated for inflation from a company like Apple is bound to be a disappointment to most investors. U.S. headline inflation is currently at 8.5% while core CPI came in at 6.5%. When revenues were up 11% from last year and EPS up by even more and a payout ratio as low as it is, even a conservative Board should strike a balance between safety and compensating investors properly.If the dividend were to increase to $0.235 per share per quarter, that would mean a growth rate of 6.8%. In my book that would be an absolute minimum. On the trajectory this company is on, the payout ratio would fall further and investors would almost be compensated for inflation. It is totally unnecessary to be this conservative, so I think the Board would go up one step to $0.24, which represents a 9.1% bump up from the current level. This will more than compensate for inflation, still be in the conservative range below double-digits, and will not make a negative impact on the ultra-low payout ratio. Incidentally, it is exactly the same as the average growth rate over the last five years.Risk FactorsGeopolitics is a very visible risk factor at the moment. Due to Ukraine war, many companies, including Apple, decided to discontinue operations in Russia. Even though it is estimated that only about 1.4% of Apple's revenues come from Russia, there is a risk that the same will happen in future conflicts in other countries as well. Another risk is the rather long-lasting struggle in global supply chains. First, the pandemic caused a lot of trouble and now a war with further strains on access to important minerals creates even more trouble. This is not a quick fix as raw materials lie where they lie and it is difficult to find alternatives over the short term. Competition is an omnipresent risk. Every day, brainy people are working hard on the next version of a product or even an entirely new product to make inroads into Apple's territory.Current ValuationValuation is always important, especially for longer-term investors. Valuation can get out of whack for a period of time, but eventually, all assets get repriced as reality dawns on people, just ask holders of ARK Innovation Pacer Swan SOS Fund of Funds ETF|ETF (ARKK). So, in order to evaluate that, I have chosen two close peers to see how Apple is valued both on its own and relative to its competition.The two other companies are Samsung (OTC:SSNLF) and Microsoft (MSFT). The first one was chosen due to its smartphones and the second one due to its software.AppleSamsungMicrosoftPrice/Sales6.8x1.6x10.8xPrice/Earnings26.9x11.5x29.5xYield0.5%2.2%0.8%Source: Seeking AlphaRight off the bat, we can see that Samsung is clearly the cheapest option here on all three metrics. Samsung has always been pretty cheap in relation to its U.S. counterparts and will likely always be so. So, on pure metrics, Samsung is the most enticing buy, but a cheap buy isn't necessarily the best option if it always remains the cheapest buy.Apple is in second place both in terms of Price/Sales and in terms of Price/Earnings where it is slightly cheaper than Microsoft. The difference is not huge, however, and probably due to the fact that Microsoft is a more pure-play recurring revenue software company than Apple. A P/E multiple just below 30x is not by any means cheap, but can absolutely be justified for these companies on the back of super-solid balance sheets and still robust growth prospects.The dividend yield is not at all exciting for neither Apple nor Microsoft. The yield should not be your reason for buying Apple, but should rather be viewed as icing on the cake. Wall Street analysts see a long-term EPS growth of 11.6% from Apple. Adding in the dividend yield and assuming that the relatively fair multiple stays the same, investors have an expected total shareholder return of 12.1% over the next five years. This is comfortably above what the market has produced over time, and you get this from one of the most solid businesses on earth. It has so much cash it is still working on getting to a neutral net cash level, it has an enormous -- and growing -- installed base, it is buying back more stock in dollars every year than most companies' market cap, and it looks set to keep growing EPS at double-digit rates for many years to come. Relatively young investors who want to be invested in a solid company with good growth prospects and a dividend that over time will grow into a considerable income stream should buy Apple at these levels. Investors who only care for current income should look for other opportunities than this 0.5% yielder.ConclusionApple has been increasing its dividend for a decade soon. The stock has pulled back slightly from recent highs and looks set to reclaim the $3 trillion throne again as organic earnings growth in conjunction with buybacks ensures double-digit earnings growth for many years to come. The dividend is likely to be increased in late April by 9%. With a low starting yield, there will be a long time before meaningful income can be produced from this stock. Even so, for relatively young investors who seek safety and robust long-term growth in both the share price and the dividend, Apple is one of the better buys in this market at the current level.","news_type":1},"isVote":1,"tweetType":1,"viewCount":409,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990982985,"gmtCreate":1660272016848,"gmtModify":1676533441881,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Yez","listText":"Yez","text":"Yez","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990982985","repostId":"2258125737","repostType":4,"repost":{"id":"2258125737","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":1660258760,"share":"https://ttm.financial/m/news/2258125737?lang=&edition=fundamental","pubTime":"2022-08-12 06:59","market":"us","language":"en","title":"US STOCKS-Nasdaq, S&P 500 Retreat As Rate Hike Fears Cool Stock Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=2258125737","media":"Reuters","summary":"* U.S. producer prices fall in July, underlying inflation slows* Disney tops Netflix on streaming su","content":"<html><head></head><body><p>* U.S. producer prices fall in July, underlying inflation slows</p><p>* Disney tops Netflix on streaming subscribers, shares jump</p><p>* U.S. weekly jobless claims rise for second straight week</p><p>NEW YORK, Aug 11 (Reuters) - The Nasdaq and S&P 500 retreated to close lower on Thursday on the realization the Federal Reserve still needs to aggressively boost interest rates to fully tame rising consumer prices despite fresh evidence of cooling inflation.</p><p>The S&P 500 closed a tad lower after earlier hitting fresh three-month highs following data that showed the U.S. producer price index (PPI) unexpectedly fell in July.</p><p>The drop in PPI raised bets in futures markets that the Fed would hike rates by 50 basis points in September instead of 75 basis points as was expected earlier in the week.</p><p>The S&P 500 and Nasdaq surged more than 2% on Wednesday after a softer-than-expected read on consumer prices. But policy-makers have left little doubt they will tighten monetary policy until inflation pressures fully abate.</p><p>With the labor market showing signs of softness as the number of Americans filing new claims for unemployment benefits rose for the second straight week, the Nasdaq turned lower as investors questioned the economy's strength.</p><p>"It was a better CPI print yesterday than expected and a better PPI print this morning than forecasted by analysts. So it fit that theme, that peak inflation has occurred as energy continues to decline," said George Catrambone, head of Americas trading at DWS Group. "But I would be concerned about a head fake."</p><p>The Dow Jones Industrial Average rose 27.16 points, or 0.08%, to 33,336.67, while the S&P 500 slid 2.97 points, or 0.07%, to 4,207.27 and the Nasdaq Composite dropped 74.89 points, or 0.58%, to 12,779.91.</p><p>Volume on U.S. exchanges was 12.36 billion shares, compared with the 11.06 billion average for the full session over the past 20 trading days.</p><p>Six of the 11 major S&P 500 sectors declined, with health care leading. Energy rose 3.2% to lead gainers and help value stocks advance 0.4% as growth shares fell 0.5%.</p><p>Banks extended their rally with Goldman Sachs and JPMorgan Chase & Co rising 1.1% and 1.5%, respectively.</p><p>Benchmark U.S. Treasury yields hit more than two-week highs as bond investors bet the Fed will press on with hiking rates as inflation is still hot, even though price pressures have eased a bit.</p><p>Demand, as seen by an almost 9% increase in aggregate spending power, is still too strong and may lead the Fed to stay aggressive longer than many hope, said Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers Solutions.</p><p>"We're becoming a little more worried because the Fed might have to do a little bit more work to try to cool that excess demand side of the equation," Janasiewicz said.</p><p>High-growth stocks that had rallied on Wednesday fell, Tesla Inc down 2.6% and Amazon.com Inc off 1.5%.</p><p>Despite its recent bounce of mid-June lows, the tech-heavy Nasdaq is down about 18% so far this year as fears of an aggressive monetary policy have sapped appetite for equities, particularly high-growth stocks.</p><p>The U.S. central bank has raised its policy rate by 225 basis points since March as it battles to cool demand without sparking a sharp rise in layoffs.</p><p>In earnings-driven news, Walt Disney jumped 4.7% as the media giant edged past rival Netflix Inc with 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials.</p><p>Bumble Inc fell 8.6% on cutting its full-year revenue forecast, taking a hit from the Ukraine war, while also grappling with competition from rival Match Group Inc in the online dating market.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.54-to-1 ratio; on Nasdaq, a 1.25-to-1 ratio favored advancers.</p><p>The S&P 500 posted four new 52-week highs and 29 new lows; the Nasdaq Composite recorded 69 new highs and 22 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-Nasdaq, S&P 500 Retreat As Rate Hike Fears Cool Stock Rally</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-Nasdaq, S&P 500 Retreat As Rate Hike Fears Cool Stock Rally\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 06:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. producer prices fall in July, underlying inflation slows</p><p>* Disney tops Netflix on streaming subscribers, shares jump</p><p>* U.S. weekly jobless claims rise for second straight week</p><p>NEW YORK, Aug 11 (Reuters) - The Nasdaq and S&P 500 retreated to close lower on Thursday on the realization the Federal Reserve still needs to aggressively boost interest rates to fully tame rising consumer prices despite fresh evidence of cooling inflation.</p><p>The S&P 500 closed a tad lower after earlier hitting fresh three-month highs following data that showed the U.S. producer price index (PPI) unexpectedly fell in July.</p><p>The drop in PPI raised bets in futures markets that the Fed would hike rates by 50 basis points in September instead of 75 basis points as was expected earlier in the week.</p><p>The S&P 500 and Nasdaq surged more than 2% on Wednesday after a softer-than-expected read on consumer prices. But policy-makers have left little doubt they will tighten monetary policy until inflation pressures fully abate.</p><p>With the labor market showing signs of softness as the number of Americans filing new claims for unemployment benefits rose for the second straight week, the Nasdaq turned lower as investors questioned the economy's strength.</p><p>"It was a better CPI print yesterday than expected and a better PPI print this morning than forecasted by analysts. So it fit that theme, that peak inflation has occurred as energy continues to decline," said George Catrambone, head of Americas trading at DWS Group. "But I would be concerned about a head fake."</p><p>The Dow Jones Industrial Average rose 27.16 points, or 0.08%, to 33,336.67, while the S&P 500 slid 2.97 points, or 0.07%, to 4,207.27 and the Nasdaq Composite dropped 74.89 points, or 0.58%, to 12,779.91.</p><p>Volume on U.S. exchanges was 12.36 billion shares, compared with the 11.06 billion average for the full session over the past 20 trading days.</p><p>Six of the 11 major S&P 500 sectors declined, with health care leading. Energy rose 3.2% to lead gainers and help value stocks advance 0.4% as growth shares fell 0.5%.</p><p>Banks extended their rally with Goldman Sachs and JPMorgan Chase & Co rising 1.1% and 1.5%, respectively.</p><p>Benchmark U.S. Treasury yields hit more than two-week highs as bond investors bet the Fed will press on with hiking rates as inflation is still hot, even though price pressures have eased a bit.</p><p>Demand, as seen by an almost 9% increase in aggregate spending power, is still too strong and may lead the Fed to stay aggressive longer than many hope, said Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers Solutions.</p><p>"We're becoming a little more worried because the Fed might have to do a little bit more work to try to cool that excess demand side of the equation," Janasiewicz said.</p><p>High-growth stocks that had rallied on Wednesday fell, Tesla Inc down 2.6% and Amazon.com Inc off 1.5%.</p><p>Despite its recent bounce of mid-June lows, the tech-heavy Nasdaq is down about 18% so far this year as fears of an aggressive monetary policy have sapped appetite for equities, particularly high-growth stocks.</p><p>The U.S. central bank has raised its policy rate by 225 basis points since March as it battles to cool demand without sparking a sharp rise in layoffs.</p><p>In earnings-driven news, Walt Disney jumped 4.7% as the media giant edged past rival Netflix Inc with 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials.</p><p>Bumble Inc fell 8.6% on cutting its full-year revenue forecast, taking a hit from the Ukraine war, while also grappling with competition from rival Match Group Inc in the online dating market.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.54-to-1 ratio; on Nasdaq, a 1.25-to-1 ratio favored advancers.</p><p>The S&P 500 posted four new 52-week highs and 29 new lows; the Nasdaq Composite recorded 69 new highs and 22 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF","BMBL":"Bumble Inc.","OEX":"标普100",".SPX":"S&P 500 Index","OEF":"标普100指数ETF-iShares","GS":"高盛","MTCH":"Match Group, Inc.","SDS":"两倍做空标普500ETF","AMZN":"亚马逊","UPRO":"三倍做多标普500ETF","IVV":"标普500指数ETF","TSLA":"特斯拉","NFLX":"奈飞","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","DIS":"迪士尼","JPM":"摩根大通","SPXU":"三倍做空标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258125737","content_text":"* U.S. producer prices fall in July, underlying inflation slows* Disney tops Netflix on streaming subscribers, shares jump* U.S. weekly jobless claims rise for second straight weekNEW YORK, Aug 11 (Reuters) - The Nasdaq and S&P 500 retreated to close lower on Thursday on the realization the Federal Reserve still needs to aggressively boost interest rates to fully tame rising consumer prices despite fresh evidence of cooling inflation.The S&P 500 closed a tad lower after earlier hitting fresh three-month highs following data that showed the U.S. producer price index (PPI) unexpectedly fell in July.The drop in PPI raised bets in futures markets that the Fed would hike rates by 50 basis points in September instead of 75 basis points as was expected earlier in the week.The S&P 500 and Nasdaq surged more than 2% on Wednesday after a softer-than-expected read on consumer prices. But policy-makers have left little doubt they will tighten monetary policy until inflation pressures fully abate.With the labor market showing signs of softness as the number of Americans filing new claims for unemployment benefits rose for the second straight week, the Nasdaq turned lower as investors questioned the economy's strength.\"It was a better CPI print yesterday than expected and a better PPI print this morning than forecasted by analysts. So it fit that theme, that peak inflation has occurred as energy continues to decline,\" said George Catrambone, head of Americas trading at DWS Group. \"But I would be concerned about a head fake.\"The Dow Jones Industrial Average rose 27.16 points, or 0.08%, to 33,336.67, while the S&P 500 slid 2.97 points, or 0.07%, to 4,207.27 and the Nasdaq Composite dropped 74.89 points, or 0.58%, to 12,779.91.Volume on U.S. exchanges was 12.36 billion shares, compared with the 11.06 billion average for the full session over the past 20 trading days.Six of the 11 major S&P 500 sectors declined, with health care leading. Energy rose 3.2% to lead gainers and help value stocks advance 0.4% as growth shares fell 0.5%.Banks extended their rally with Goldman Sachs and JPMorgan Chase & Co rising 1.1% and 1.5%, respectively.Benchmark U.S. Treasury yields hit more than two-week highs as bond investors bet the Fed will press on with hiking rates as inflation is still hot, even though price pressures have eased a bit.Demand, as seen by an almost 9% increase in aggregate spending power, is still too strong and may lead the Fed to stay aggressive longer than many hope, said Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers Solutions.\"We're becoming a little more worried because the Fed might have to do a little bit more work to try to cool that excess demand side of the equation,\" Janasiewicz said.High-growth stocks that had rallied on Wednesday fell, Tesla Inc down 2.6% and Amazon.com Inc off 1.5%.Despite its recent bounce of mid-June lows, the tech-heavy Nasdaq is down about 18% so far this year as fears of an aggressive monetary policy have sapped appetite for equities, particularly high-growth stocks.The U.S. central bank has raised its policy rate by 225 basis points since March as it battles to cool demand without sparking a sharp rise in layoffs.In earnings-driven news, Walt Disney jumped 4.7% as the media giant edged past rival Netflix Inc with 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials.Bumble Inc fell 8.6% on cutting its full-year revenue forecast, taking a hit from the Ukraine war, while also grappling with competition from rival Match Group Inc in the online dating market.Advancing issues outnumbered declining ones on the NYSE by a 1.54-to-1 ratio; on Nasdaq, a 1.25-to-1 ratio favored advancers.The S&P 500 posted four new 52-week highs and 29 new lows; the Nasdaq Composite recorded 69 new highs and 22 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902033123,"gmtCreate":1659608704765,"gmtModify":1705982121100,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902033123","repostId":"1126573166","repostType":2,"repost":{"id":"1126573166","pubTimestamp":1659590390,"share":"https://ttm.financial/m/news/1126573166?lang=&edition=fundamental","pubTime":"2022-08-04 13:19","market":"hk","language":"en","title":"Alibaba: Charlie Munger Doesn't Worry About A Delisting","url":"https://stock-news.laohu8.com/highlight/detail?id=1126573166","media":"seekingalpha","summary":"Alibaba’s shares crashed after the company made it onto the SEC’s list of potential delisting candid","content":"<html><head></head><body><ul><li>Alibaba’s shares crashed after the company made it onto the SEC’s list of potential delisting candidates last week.</li><li>Investors are overreacting to the SEC announcement.</li><li>Alibaba’s shares, heading into earnings, remain considerably undervalued.</li></ul><p><img src=\"https://static.tigerbbs.com/c734479100befddea1e6e6d9d50f31a2\" tg-width=\"750\" tg-height=\"496\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Shares of Chinese e-Commerce giant Alibaba Group Holding Limited (NYSE:BABA,OTCPK:BABAF) skidded 11% last Friday after the Securities and Exchange Commission added the company to its list of potential delisting candidates and investors started to panic. One investor, however, doesnot seem to be disturbed by Alibaba’s delisting risk: Charlie Munger. In a recent 13-F holdings report, the Daily Journal Corporation (DJCO), which is overseen by Charlie Munger, hasn't sold a single share since its last report. Delisting risks are grossly and irresponsibly exaggerated and Alibaba represents great value on the sell-off!</p><h2><b>New threats from the SEC</b></h2><p>The Securities and Exchange CommissionaddedAlibaba to its list of potential delisting candidates last Friday, creating pressure on shares of Alibaba. Under the Holding Foreign Companies Accountable Act, U.S. stock exchanges can delist securities of (foreign) issuers if the Public Company Accounting Oversight Board cannot inspect the audit papers of companies located in a foreign jurisdiction. Foreign companies -- mostly Chinese companies with ADS listings on a U.S. stock exchange -- could potentially be delisted by the SEC if they fail to submit to a PCAOB audit for three consecutive years.</p><p>Alibaba had previously not been specifically mentioned by the SEC, but now has made it onto the SEC’s list of potential delisting candidates. This does not mean that a delisting is imminent, however. It merely means that the SEC has identified Alibaba as one of many companies that could potentially be delisted if certain disclosure and transparency requirements are not met in the future.</p><h2><b>Why there is no reason to worry about a delisting</b></h2><p>Alibaba is pursuing a dual primary listing on the New York Stock Exchange and the Hong Kong Stock Exchange. Alibaba expects to complete theprimary listing processin Hong Kong by the end of the year, at which point Alibaba will have transitioned from a secondary to a primary status. A primary listing status in Hong Kong comes with more stringent reporting rules, but also allows participation in Hong Kong’s “Stock Connect Program” which would allow Mainland Chinese investors to purchase Alibaba’s Hong Kong shares through their Mainland stock exchanges.</p><p>So, even in the worst case of a forced U.S. delisting, U.S. investors can still simply buy and sell their shares on the Hong Kong stock exchange. The inclusion in the Stock Connect Program potentially indicates growing investor demand for Alibaba’s shares from Mainland Chinese investors as well.</p><h2><b>Charlie Munger isn't worried about a delisting</b></h2><p>Charlie Munger, who is Chairman of The Daily Journal Corporation, is not affected by the possibility of a potential delisting of Alibaba’s ADS from the U.S. stock market. According to the latest 13-Fholding reportfor the company, the company hasn't sold a share since the previous report and still owned 300 thousand shares of Alibaba, now valued at $27.8M. The portfolio continued to include just five stocks: Bank of America (BAC), POSCO Holdings (PKX), U.S. Bancorp (USB) and Wells Fargo (WFC). The Alibaba holding represented about 20% of The Daily Journal Corporation’s portfolio and it was the third-largest position after Bank of America and Wells Fargo.<img src=\"https://static.tigerbbs.com/45cc7f05bba79e03501285f88b6a69b2\" tg-width=\"1280\" tg-height=\"234\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><h2><b>Alibaba’s e-Commerce value is enormous, but margins may see downward pressure in the short term</b></h2><p>With 1.4B Chinese making up Alibaba’s core market, Alibaba operates in the most attractive e-Commerce geography in the world. Alibaba had 1.3B customer accounts on its various platforms and added 28M new accounts just in FQ4’22. The scale and reach of Alibaba’s e-Commerce platforms, which include retail brands in Pakistan, Turkey and South-East Asia, are unparalleled and it makes up the core value of Alibaba’s growing e-Commerce enterprise.</p><p><img src=\"https://static.tigerbbs.com/b01b0d48b72b264b071a3c770aa0eb7d\" tg-width=\"909\" tg-height=\"300\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Alibaba has suffered from a slowdown in the e-Commerce industry in the last two years. With COVID-19 being a drag on growth, the e-Commerce company generated only 9% revenue growth year-over-year in FQ4’22, which was the slowest growth for Alibaba since it became a public company in 2014.</p><p>Because of top line challenges, Alibaba will have to cut costs and double down on businesses that arecurrently doing wellfor the company such as direct sales and China’s e-Commerce wholesale segment.</p><p>Faced with a more difficult macro environment and the very real prospect of revenue growth dipping into negative territory in FQ1’23, Alibaba may face calls to revamp its cost structure. Alibaba’s costs have been rising despite pressure on the firm’s top line, with cost of revenue increasing 5 PP year over year in FQ4’22 and sales and marketing expenses growing 3 PP.</p><p><img src=\"https://static.tigerbbs.com/8c146620d16c6fcc2d34de0f776702ff\" tg-width=\"1119\" tg-height=\"616\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>With costs going up and revenues trending down, Alibaba’s margins are potentially set to go through a longer period of contraction... at least until revenue growth rebounds. Alibaba’s profit margins have contracted over the last three years, a result of growing competition in the e-Commerce industry.</p><p><img src=\"https://static.tigerbbs.com/94404090577f24fc51738ab2be9dc993\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><h2>What is Alibaba expected to report?</h2><p>Alibaba is expected to report earnings for FQ1’23 before the market open on August 4, and the estimate trend is highly negative. In the last 90 days, there were 7 EPS downward revisions and only 2 upward revision, meaning expectations regarding revenue growth and EPS are very low for the upcoming earnings card. Because China saw wide-spread COVID-19 lockdowns in the second-quarter -- which is Alibaba’s FQ1’23 -- investors may have to brace for a quarter with low single-digit, or even negative, revenue growth.</p><p><img src=\"https://static.tigerbbs.com/9d46a9631950161addf61d301d9a967a\" tg-width=\"640\" tg-height=\"239\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><h2><b>Massively discounted e-Commerce growth</b></h2><p>Alibaba’s top line growth is moderating and expectations are leaning toward the negative. In the worst case, China's COVID-19 lockdowns may have resulted in negative revenue growth for Alibaba in the last quarter. However, a rebound should be expected in the coming quarters as China’s COVID-19 restrictions have eased. Despite those challenges, Alibaba is expected to bounce back with 13% revenue growth in FY 2024.</p><p>Alibaba’s potential for growth was hugely discounted on Friday, and since the stock has not yet recovered, shares of Alibaba trade at a P/S ratio of 1.6 X and a P/E ratio of 10.6 X.</p><p><img src=\"https://static.tigerbbs.com/d889f1a4b621a6c761f3c1f70e8ff762\" tg-width=\"1280\" tg-height=\"826\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>If Alibaba whiffs on FQ1’23 earnings and revenues on August 4, shares may revalue to the downside. Since I expect results to improve in the second half of the year due to easing COVID-19 lockdowns, however, I would be a buyer of any major dip that occurs after earnings.</p><h2>Risks with Alibaba</h2><p>Alibaba has many risks, but a delisting of its ADS is not one of them. The e-Commerce company will likely report a deceleration in top line growth in its domestic e-Commerce business and, for that reason, margins may come further under pressure. This may result in a lower valuation factor for Alibaba's shares in the short term, but any selloff would likely also create an attractive buying opportunity. What would change my mind about Alibaba is if the company saw a material decline in its free cash flow prospects and suspended its share buybacks.</p><h2>Final thoughts</h2><p>Charlie Munger is apparently not worried about a delisting of Alibaba's ADS and the reinvigorated delisting discussion is clouding investors’ perceptions: even if shares were delisted, investors could simply swap their shares and buy/sell Alibaba shares in Hong Kong.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Charlie Munger Doesn't Worry About A Delisting</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\">\nAlibaba: Charlie Munger Doesn't Worry About A Delisting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-04 13:19 GMT+8 <a href=https://seekingalpha.com/article/4529098-alibaba-charlie-munger-doesnt-worry-about-a-delisting><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba’s shares crashed after the company made it onto the SEC’s list of potential delisting candidates last week.Investors are overreacting to the SEC announcement.Alibaba’s shares, heading into ...</p>\n\n<a href=\"https://seekingalpha.com/article/4529098-alibaba-charlie-munger-doesnt-worry-about-a-delisting\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4529098-alibaba-charlie-munger-doesnt-worry-about-a-delisting","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1126573166","content_text":"Alibaba’s shares crashed after the company made it onto the SEC’s list of potential delisting candidates last week.Investors are overreacting to the SEC announcement.Alibaba’s shares, heading into earnings, remain considerably undervalued.Shares of Chinese e-Commerce giant Alibaba Group Holding Limited (NYSE:BABA,OTCPK:BABAF) skidded 11% last Friday after the Securities and Exchange Commission added the company to its list of potential delisting candidates and investors started to panic. One investor, however, doesnot seem to be disturbed by Alibaba’s delisting risk: Charlie Munger. In a recent 13-F holdings report, the Daily Journal Corporation (DJCO), which is overseen by Charlie Munger, hasn't sold a single share since its last report. Delisting risks are grossly and irresponsibly exaggerated and Alibaba represents great value on the sell-off!New threats from the SECThe Securities and Exchange CommissionaddedAlibaba to its list of potential delisting candidates last Friday, creating pressure on shares of Alibaba. Under the Holding Foreign Companies Accountable Act, U.S. stock exchanges can delist securities of (foreign) issuers if the Public Company Accounting Oversight Board cannot inspect the audit papers of companies located in a foreign jurisdiction. Foreign companies -- mostly Chinese companies with ADS listings on a U.S. stock exchange -- could potentially be delisted by the SEC if they fail to submit to a PCAOB audit for three consecutive years.Alibaba had previously not been specifically mentioned by the SEC, but now has made it onto the SEC’s list of potential delisting candidates. This does not mean that a delisting is imminent, however. It merely means that the SEC has identified Alibaba as one of many companies that could potentially be delisted if certain disclosure and transparency requirements are not met in the future.Why there is no reason to worry about a delistingAlibaba is pursuing a dual primary listing on the New York Stock Exchange and the Hong Kong Stock Exchange. Alibaba expects to complete theprimary listing processin Hong Kong by the end of the year, at which point Alibaba will have transitioned from a secondary to a primary status. A primary listing status in Hong Kong comes with more stringent reporting rules, but also allows participation in Hong Kong’s “Stock Connect Program” which would allow Mainland Chinese investors to purchase Alibaba’s Hong Kong shares through their Mainland stock exchanges.So, even in the worst case of a forced U.S. delisting, U.S. investors can still simply buy and sell their shares on the Hong Kong stock exchange. The inclusion in the Stock Connect Program potentially indicates growing investor demand for Alibaba’s shares from Mainland Chinese investors as well.Charlie Munger isn't worried about a delistingCharlie Munger, who is Chairman of The Daily Journal Corporation, is not affected by the possibility of a potential delisting of Alibaba’s ADS from the U.S. stock market. According to the latest 13-Fholding reportfor the company, the company hasn't sold a share since the previous report and still owned 300 thousand shares of Alibaba, now valued at $27.8M. The portfolio continued to include just five stocks: Bank of America (BAC), POSCO Holdings (PKX), U.S. Bancorp (USB) and Wells Fargo (WFC). The Alibaba holding represented about 20% of The Daily Journal Corporation’s portfolio and it was the third-largest position after Bank of America and Wells Fargo.Alibaba’s e-Commerce value is enormous, but margins may see downward pressure in the short termWith 1.4B Chinese making up Alibaba’s core market, Alibaba operates in the most attractive e-Commerce geography in the world. Alibaba had 1.3B customer accounts on its various platforms and added 28M new accounts just in FQ4’22. The scale and reach of Alibaba’s e-Commerce platforms, which include retail brands in Pakistan, Turkey and South-East Asia, are unparalleled and it makes up the core value of Alibaba’s growing e-Commerce enterprise.Alibaba has suffered from a slowdown in the e-Commerce industry in the last two years. With COVID-19 being a drag on growth, the e-Commerce company generated only 9% revenue growth year-over-year in FQ4’22, which was the slowest growth for Alibaba since it became a public company in 2014.Because of top line challenges, Alibaba will have to cut costs and double down on businesses that arecurrently doing wellfor the company such as direct sales and China’s e-Commerce wholesale segment.Faced with a more difficult macro environment and the very real prospect of revenue growth dipping into negative territory in FQ1’23, Alibaba may face calls to revamp its cost structure. Alibaba’s costs have been rising despite pressure on the firm’s top line, with cost of revenue increasing 5 PP year over year in FQ4’22 and sales and marketing expenses growing 3 PP.With costs going up and revenues trending down, Alibaba’s margins are potentially set to go through a longer period of contraction... at least until revenue growth rebounds. Alibaba’s profit margins have contracted over the last three years, a result of growing competition in the e-Commerce industry.What is Alibaba expected to report?Alibaba is expected to report earnings for FQ1’23 before the market open on August 4, and the estimate trend is highly negative. In the last 90 days, there were 7 EPS downward revisions and only 2 upward revision, meaning expectations regarding revenue growth and EPS are very low for the upcoming earnings card. Because China saw wide-spread COVID-19 lockdowns in the second-quarter -- which is Alibaba’s FQ1’23 -- investors may have to brace for a quarter with low single-digit, or even negative, revenue growth.Massively discounted e-Commerce growthAlibaba’s top line growth is moderating and expectations are leaning toward the negative. In the worst case, China's COVID-19 lockdowns may have resulted in negative revenue growth for Alibaba in the last quarter. However, a rebound should be expected in the coming quarters as China’s COVID-19 restrictions have eased. Despite those challenges, Alibaba is expected to bounce back with 13% revenue growth in FY 2024.Alibaba’s potential for growth was hugely discounted on Friday, and since the stock has not yet recovered, shares of Alibaba trade at a P/S ratio of 1.6 X and a P/E ratio of 10.6 X.If Alibaba whiffs on FQ1’23 earnings and revenues on August 4, shares may revalue to the downside. Since I expect results to improve in the second half of the year due to easing COVID-19 lockdowns, however, I would be a buyer of any major dip that occurs after earnings.Risks with AlibabaAlibaba has many risks, but a delisting of its ADS is not one of them. The e-Commerce company will likely report a deceleration in top line growth in its domestic e-Commerce business and, for that reason, margins may come further under pressure. This may result in a lower valuation factor for Alibaba's shares in the short term, but any selloff would likely also create an attractive buying opportunity. What would change my mind about Alibaba is if the company saw a material decline in its free cash flow prospects and suspended its share buybacks.Final thoughtsCharlie Munger is apparently not worried about a delisting of Alibaba's ADS and the reinvigorated delisting discussion is clouding investors’ perceptions: even if shares were delisted, investors could simply swap their shares and buy/sell Alibaba shares in Hong Kong.","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901100692,"gmtCreate":1659143991016,"gmtModify":1676536263899,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Yey","listText":"Yey","text":"Yey","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901100692","repostId":"1160344658","repostType":2,"repost":{"id":"1160344658","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":1659101553,"share":"https://ttm.financial/m/news/1160344658?lang=&edition=fundamental","pubTime":"2022-07-29 21:32","market":"us","language":"en","title":"S&P 500 Rises, Helped By Apple and Amazon, As Index Heads for Best Month Since 2020","url":"https://stock-news.laohu8.com/highlight/detail?id=1160344658","media":"Tiger Newspress","summary":"The S&P 500 rose Friday as Wall Street looked to finish the week and the month higher.The broad mark","content":"<html><head></head><body><p>The S&P 500 rose Friday as Wall Street looked to finish the week and the month higher.</p><p>The broad market index climbed 0.4%, while the Nasdaq Composite added 0.6%. The Dow Jones Industrial Average gained 39 points, or 0.1%.</p><p>Wall Street was set to post strong weekly gains. The Dow is now up nearly 2% for the week, while the S&P 500 the Nasdaq Composite are up 2.8% each.</p><p>The major averages were also on pace for their best month of the year. The Dow is on track for a more than 5% gain for July, which would be its highest since March 2021. The S&P 500 is up by 7.5% for the month and the Nasdaq Composite, while still in bear market territory, is up more than 10%. Both are looking at their biggest monthly gains since November 2020.</p><p>That performance is a stark contrast from the previous six months when stocks tumbled to their June bear market levels. The market reversed as investors’ fears about the aggressive pacing of the Federal Reserve’s interest rate increases started to wane and the idea that inflation has perhaps peaked began to settle in.</p><p>Still, some have remained worried about inflation levels with Russia’s ongoing war on Ukraine and the possibility that markets could turn lower again. On Friday the Bureau of Economic Analysis reported that the personal consumption expenditures price index, an inflation indicator closely watched by the Fed, hit its highest level since January 1982.</p><p>Nevertheless, futures Friday were higher, supported by gains from two of the market’s biggest stocks. Amazon shares popped12% after the e-commerce giant reported stronger-than-expected sales for the previous quarter, while Apple climbed 2.6%after posting better-than-expected iPhone revenue.</p><p>Chevron and Exxon Mobil also posted better-than-expected results for the previous quarter, sending their shares higher.</p><p>However, the latest batch of corporate results has been mixed.</p><p>Shares of Roku sank more than 20% after the company missed estimates and warned of a slowdown in advertising. Chipmaker Intel dropped 7% after its quarterly results fell short of expectations.</p><p>These moves come after a three-quarters of a percentage point hike from the Federal Reserve on Wednesday and a negative GDP reading on Thursday.</p><p>“The market is taking on a hope that slowing economic growth is going to result in a more dovish Fed moving forward, even if it’s a little further out. So it would make sense to me that weaker rates expectations moving forward would result in a little buoyancy in the equity markets,” said Lauren Goodwin, economist and portfolio strategist of New York Life Investments.</p><p>However, Goodwin cautioned that the unusual economic environment and the long period before the next Fed meeting make it difficult to predict the central bank’s path from here.</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>S&P 500 Rises, Helped By Apple and Amazon, As Index Heads for Best Month Since 2020</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\">\nS&P 500 Rises, Helped By Apple and Amazon, As Index Heads for Best Month Since 2020\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\">2022-07-29 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The S&P 500 rose Friday as Wall Street looked to finish the week and the month higher.</p><p>The broad market index climbed 0.4%, while the Nasdaq Composite added 0.6%. The Dow Jones Industrial Average gained 39 points, or 0.1%.</p><p>Wall Street was set to post strong weekly gains. The Dow is now up nearly 2% for the week, while the S&P 500 the Nasdaq Composite are up 2.8% each.</p><p>The major averages were also on pace for their best month of the year. The Dow is on track for a more than 5% gain for July, which would be its highest since March 2021. The S&P 500 is up by 7.5% for the month and the Nasdaq Composite, while still in bear market territory, is up more than 10%. Both are looking at their biggest monthly gains since November 2020.</p><p>That performance is a stark contrast from the previous six months when stocks tumbled to their June bear market levels. The market reversed as investors’ fears about the aggressive pacing of the Federal Reserve’s interest rate increases started to wane and the idea that inflation has perhaps peaked began to settle in.</p><p>Still, some have remained worried about inflation levels with Russia’s ongoing war on Ukraine and the possibility that markets could turn lower again. On Friday the Bureau of Economic Analysis reported that the personal consumption expenditures price index, an inflation indicator closely watched by the Fed, hit its highest level since January 1982.</p><p>Nevertheless, futures Friday were higher, supported by gains from two of the market’s biggest stocks. Amazon shares popped12% after the e-commerce giant reported stronger-than-expected sales for the previous quarter, while Apple climbed 2.6%after posting better-than-expected iPhone revenue.</p><p>Chevron and Exxon Mobil also posted better-than-expected results for the previous quarter, sending their shares higher.</p><p>However, the latest batch of corporate results has been mixed.</p><p>Shares of Roku sank more than 20% after the company missed estimates and warned of a slowdown in advertising. Chipmaker Intel dropped 7% after its quarterly results fell short of expectations.</p><p>These moves come after a three-quarters of a percentage point hike from the Federal Reserve on Wednesday and a negative GDP reading on Thursday.</p><p>“The market is taking on a hope that slowing economic growth is going to result in a more dovish Fed moving forward, even if it’s a little further out. So it would make sense to me that weaker rates expectations moving forward would result in a little buoyancy in the equity markets,” said Lauren Goodwin, economist and portfolio strategist of New York Life Investments.</p><p>However, Goodwin cautioned that the unusual economic environment and the long period before the next Fed meeting make it difficult to predict the central bank’s path from here.</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":"1160344658","content_text":"The S&P 500 rose Friday as Wall Street looked to finish the week and the month higher.The broad market index climbed 0.4%, while the Nasdaq Composite added 0.6%. The Dow Jones Industrial Average gained 39 points, or 0.1%.Wall Street was set to post strong weekly gains. The Dow is now up nearly 2% for the week, while the S&P 500 the Nasdaq Composite are up 2.8% each.The major averages were also on pace for their best month of the year. The Dow is on track for a more than 5% gain for July, which would be its highest since March 2021. The S&P 500 is up by 7.5% for the month and the Nasdaq Composite, while still in bear market territory, is up more than 10%. Both are looking at their biggest monthly gains since November 2020.That performance is a stark contrast from the previous six months when stocks tumbled to their June bear market levels. The market reversed as investors’ fears about the aggressive pacing of the Federal Reserve’s interest rate increases started to wane and the idea that inflation has perhaps peaked began to settle in.Still, some have remained worried about inflation levels with Russia’s ongoing war on Ukraine and the possibility that markets could turn lower again. On Friday the Bureau of Economic Analysis reported that the personal consumption expenditures price index, an inflation indicator closely watched by the Fed, hit its highest level since January 1982.Nevertheless, futures Friday were higher, supported by gains from two of the market’s biggest stocks. Amazon shares popped12% after the e-commerce giant reported stronger-than-expected sales for the previous quarter, while Apple climbed 2.6%after posting better-than-expected iPhone revenue.Chevron and Exxon Mobil also posted better-than-expected results for the previous quarter, sending their shares higher.However, the latest batch of corporate results has been mixed.Shares of Roku sank more than 20% after the company missed estimates and warned of a slowdown in advertising. Chipmaker Intel dropped 7% after its quarterly results fell short of expectations.These moves come after a three-quarters of a percentage point hike from the Federal Reserve on Wednesday and a negative GDP reading on Thursday.“The market is taking on a hope that slowing economic growth is going to result in a more dovish Fed moving forward, even if it’s a little further out. So it would make sense to me that weaker rates expectations moving forward would result in a little buoyancy in the equity markets,” said Lauren Goodwin, economist and portfolio strategist of New York Life Investments.However, Goodwin cautioned that the unusual economic environment and the long period before the next Fed meeting make it difficult to predict the central bank’s path from here.","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901377165,"gmtCreate":1659143958557,"gmtModify":1676536263908,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Hold","listText":"Hold","text":"Hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901377165","repostId":"1114809450","repostType":2,"repost":{"id":"1114809450","pubTimestamp":1659108300,"share":"https://ttm.financial/m/news/1114809450?lang=&edition=fundamental","pubTime":"2022-07-29 23:25","market":"hk","language":"en","title":"Alibaba Vs. JD.Com: Let's Hear The Bears Out","url":"https://stock-news.laohu8.com/highlight/detail?id=1114809450","media":"Seeking Alpha","summary":"SummaryI am a long-term Alibaba Bull, but here I will argue against my own bull thesis.My favorite C","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>I am a long-term Alibaba Bull, but here I will argue against my own bull thesis.</li><li>My favorite Charles Munger quote is not to comment on a topic until I can argue against myself better than the people on the other side.</li><li>Following this wisdom, the focus here is to address some potential risks for Alibaba that are not often discussed.</li><li>And these risks are best illustrated by comparison and contrast against JD.com.</li><li>The goal is not to dismiss these risks (they are 100% valid), but to provide a full view so both bears and bulls can all make informed decisions.</li></ul><p><b>Thesis</b></p><p>My last comparison article on Alibaba Group Holding Limited (NYSE:BABA,OTCPK:BABAF) and JD.com, Inc. (NASDAQ:JD) was co-produced with Sensor Unlimited and published back in May 2022. That article focused on the similarities and differences in their business fundamentals and the megatrend in the Asian-Pacific regions.</p><p>In this article, I want to compare them again, but from a completely different angle and for a completely different purpose. This time, I want to compare them to address many of the risks facing BABA. Some of these risks have been often mentioned by BABA bears, while some of them are less mentioned (like BABA’s profitability sustainability and platform role). All these risks are 100% valid to me. So, the point of this article is not to prove the bears to be wrong. To the contrary, their concerns are 100% valid to me. I am here to hear them out and provide my thoughts so both bulls and bears can all make informed decisions.</p><p>After all, the hallmark of a first-rate mind is the ability to hold conflicting views at the same time without losing the ability to act.</p><p>And we will start with the elephant in the room first – the risk in China.</p><p><b>Risk in China</b></p><p>The implied argument here is that the BABA thesis does not depend much on its business fundamentals. Instead, the Chinese government (or the CCP, or the VIE structure, et al) is a central part (or even all) of the thesis.</p><p>As just mentioned, it is a 100% valid argument to me, and I am not here to dismiss it or prove it wrong. I am here to provide my perspective for a full view. And I invite BABA investors or potential BABA investors to consider the following aspects.</p><p>First, I feel the argument is border-lining a political or ideological discussion. Not say political or ideological considerations are not important in investment decisions – to the contrary, they are very important. However, they are difficult to quantify. To me, investing is pretty much all about PRICING risks. It is hard to put a price tag on risks that you cannot quantify. As such, I won’t dwell more on this issue here myself. I recommend Ray Dalio’s recent book entitled “Principles for Dealing with the Changing World Order” for readers who are interested in his view on politics and ideologies. I feel he has deeper insights about China than most Chinese themselves. And, of course, he understands the West deeper than most westerners too. A few quotes from his book are provided below:</p><blockquote><ul><li><i>“I urge those of you who have not spent considerable time in China to look past the caricatured pictures that are often painted by biased parties and rid yourself of any stereotypes you might have that are based on what you thought you knew about the old “communist China” - because they are wrong.</i></li><li><i>“As an aside, I think the widespread medium distortions and the blind and the near-violent loyalties that stand in the way of the thoughtful exploration of our different perspectives are a frightening sign of our times.”</i></li></ul></blockquote><p>Second, this is where JD enters the picture. If the risk is valid, then it should apply to all other major Chinese firms too, such as BABA’s close peer JD. After all, they all operate in the same country and are governed by the same laws (or lack of laws, as many have bears argued). If BABA’s business fundamentals don’t mean much to the investment thesis, then neither should JD’s.</p><p>However, reality does not seem to confirm. The following chart shows a simple counterexample in terms of stock price actions. As you can see from the below chart, over the past year, JD suffered a total loss of around 4%, totally within the range of random fluctuations. On the other hand, BABA's stock price suffered a total loss of more than 46% in the past years.</p><p>And as you already know, JD is still trading at a healthy (or even lofty) valuation with a P/E around 35x. This leads us to the next risk associated with BABA, its profitability. And we will discuss this next.</p><p><img src=\"https://static.tigerbbs.com/32d445f99fbb8cf67372cf8ba8707ca8\" tg-width=\"640\" tg-height=\"434\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>But BABA also has higher margins</b></p><p>The next bearish argument is that due to the regulatory changes, BABA’s good old days are gone and its profitability couldn't sustain in the future. Therefore, its valuation should be discounted correspondingly.</p><p>A very valid argument again. And moreover, this argument is indeed supported by data, as you can see from the top panel in the next chart. To net profit margin as an example, BABA’s margin has been quite stable and fluctuated in a narrow range between about 20% to 30% in the past before the tech crackdown started in 2020. Then it declined all the way to the current level of 6.4%.</p><p>But as advised by Charlie Munger, being smart is all about actively looking for disconfirming evidence, not confirming evidence. And JD’s margin, shown in the bottom panel of this chart, is an easy disconfirming evince to find. You can see JD’s net margin has declined (and in a more dramatic fashion) since 2021, it is currently in the negative (-1%), and its long-term average is nowhere near BABA’s. In terms of long-term averages, BABA’s margin of 23% is 13x higher than JD’s 1.7%. Even when we compared BABA’s current margin of 6.4% against JD’s long-term average (kind of unfair), BABA is still ahead by about 3.8x.</p><p>And this leads us yet to the next bears’ argument associated with BABA, which goes more or less like this: margins (or profitability in general) are not the whole story, and their business models are not entirely comparable. And we will address this next.</p><p><img src=\"https://static.tigerbbs.com/c68b1d15c317dd7a3a7c0e642dbbbda1\" tg-width=\"640\" tg-height=\"448\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Business model comparison</b></p><p>A few key differences here. First, even though BABA is better known and bigger than JD in market-cap (by almost 3x), JD’s revenues are actually larger than BABA. JD is China's largest direct retailer in terms of revenue. Second, JD relies almost exclusively on a single source of revenue while BABA is more diversified. JD's retail business represents 94% of its total sales and almost 100% of its total profits. BABA's core eCommerce operation “only” accounts for about 87% of its total sales, with the rest coming from other segments such as its cloud service.</p><p>Now, even within the e-commerce segment, they are very different. JD’s main operation is its first-party marketplace. It sells its own goods and keeps its own inventories. In contrast, BABA’s main role is to provide a platform and act as a third party. For reference, Amazon (AMZN) is more of a hybrid. Its Third-Party Sales and First-Party Sales are about an even split in recent years.</p><p>The focus of this article is not trying to argue which model (first-party, third-party, or a hybrid) is better, although that would be a fascinating topic for another article. The point is to acknowledge the bears’ point that net profit margin is not the entire picture because of the differences in business fundamentals</p><p>Or to put it differently, margins do not entirely determine profitability. Intuitively, the reasons are summarized by the following simple example used in one of our earlier articles:</p><blockquote><i>If you buy an orange today for $1 and sell it tomorrow for $1.01, your margin is a meager 1% but your ROIC (which is your true profitability) would be an astronomical 365%. There are three knobs that management can turn to drive up profitability: profit margin (“PM”), asset turnover ratio (“ATR”), and leverage. And PM is only one of the 3 knobs.</i></blockquote><p>And different business models lead to different ATR, as you can clearly see from the following chart. Because of its third-party dominant model, BABA’s ATR has been on average about 0.45x in the past five years (although note that the trend has been improving). In contrast, JD’s ATR is much higher. It has fluctuated in a range from 1.97x to about 2.46x in the past five years, with an average of 2.23x. So, because of its first-party dominant model, JD can operate its asset much more effectively than BABA, on average by about a factor of almost 5x.</p><p><img src=\"https://static.tigerbbs.com/75deb5d294785307e58c8b1e54eb6bc0\" tg-width=\"640\" tg-height=\"449\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>True profitability comparison</b></p><p>The next chart compares their return on capital employed (“ROCE”), a comprehensive measure of profitability combining the effects of all three knobs as detailed in my free blog article here. As seen, their current ROCE is on the same order of magnitude – both are at terrific levels. They are not different by 3.8x as net margin would suggest or by 5x as asset utilization would. BABA’s ROCE currently stands at about 95%, and JD at about 85%. Both JD and BABA’s ROCEs have been in decline since 2020 while BABA’s decline is more dramatic.</p><p><img src=\"https://static.tigerbbs.com/1720d0a06becf9ad3bb5dfa46b2ff913\" tg-width=\"640\" tg-height=\"336\" referrerpolicy=\"no-referrer\"/></p><p>Author</p><p><b>Yet BABA P/E is less than ½ of JD</b></p><p>The comparable ROCE now leads me to the following valuation comparison. As you can see, despite very comparable ROCE (BABA is actually higher), BABA's valuation is less than ½ of JD by most metrics. Let me cite a few examples. BABA’s FY1 P/E of 13.8x is almost only 1/3 of JD’s 35x. Its FY2 P/E of 11.5x is less than 1/2 of JD’s 23.8x.</p><p>And next, we will see that the valuation discount is a bit less than what's on the surface because of the differences in their balance sheets.</p><p><img src=\"https://static.tigerbbs.com/f8e55787bae44c98c1e22fd8103edec6\" tg-width=\"640\" tg-height=\"566\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Balance sheet and adjusted P/E</b></p><p>Currently, BABA has about $72 billion of cash on its ledger and JD about $28 billion, translating into $26.8 per share for BABA and about $18.6 dollars per share for JD. Both of them also have some debt but the debt is both lower than the cash position. As a result, both carry a net cash position (a quite sizable one) on their ledger. The net cash position for BABA is about $44.5 billion and for JD about $8.3 billion.</p><p>In other words, at their current market cap ($274 billion for BABA and $96 billion for JD), about 16% of BABA’s market cap is just its cash and the percentage is about 20.8% for JD.</p><p>When we subtract the cash out of the stock price, their Pes would both become lower. For BABA, the FY1 P/E would become only 11.6x after adjusting for its cash position. And for JD, the FY1 P/E would become 27.7x, still more than 2x above BABA.</p><p><img src=\"https://static.tigerbbs.com/bec38b2bfebedfcb0394b6a639e2b5b6\" tg-width=\"640\" tg-height=\"300\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Final thoughts and risks</b></p><p>Even though I feel the market has gone too far in the fear direction for BABA (or not enough for JD), I think the bearish arguments are 100% valid. The common bearish concerns concerning BABA such as risk in China, profitability sustainability, and business model, are 100% valid. And I hope the comparison and contrast against its close peer JD better accentuate these concerns so we can all make better investment decisions.</p><p>Finally, besides the above risks mentioned. There are also unfolding macroscopic risks that could impact both BABA and JD. BABA has more exposure overseas and will be more sensitive to global geopolitics such as the Russian/Ukraine situation. The upside is that it’s better poised to tap into the global eCommerce movement, especially in the Asian-Pacific region. There are also macroeconomic headwinds specific to China, which would impact both BABA and JD. In the short term, China faces the challenge of balancing COVID control and economic growth. The World Bank projects its GDP growth to slow in 2022 to 4.3 percent (0.8% lower than China’s own economic update).</p><p>At the same time, China’s housing market is seeing weakening demand and dealing with sizable debt issues. A JPMorgan report estimated that the housing sector has been contributing up to 25% of its GDP when related sectors are considered in the past few years. But demand for housing is predicted to fall 47% by 2030. Such a large decline will create ripple effects throughout its entire economy.</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>Alibaba Vs. JD.Com: Let's Hear The Bears Out</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\">\nAlibaba Vs. JD.Com: Let's Hear The Bears Out\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-29 23:25 GMT+8 <a href=https://seekingalpha.com/article/4526927-alibaba-vs-jdcom-lets-hear-the-bears-out?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryI am a long-term Alibaba Bull, but here I will argue against my own bull thesis.My favorite Charles Munger quote is not to comment on a topic until I can argue against myself better than the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4526927-alibaba-vs-jdcom-lets-hear-the-bears-out?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","09618":"京东集团-SW","BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4526927-alibaba-vs-jdcom-lets-hear-the-bears-out?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114809450","content_text":"SummaryI am a long-term Alibaba Bull, but here I will argue against my own bull thesis.My favorite Charles Munger quote is not to comment on a topic until I can argue against myself better than the people on the other side.Following this wisdom, the focus here is to address some potential risks for Alibaba that are not often discussed.And these risks are best illustrated by comparison and contrast against JD.com.The goal is not to dismiss these risks (they are 100% valid), but to provide a full view so both bears and bulls can all make informed decisions.ThesisMy last comparison article on Alibaba Group Holding Limited (NYSE:BABA,OTCPK:BABAF) and JD.com, Inc. (NASDAQ:JD) was co-produced with Sensor Unlimited and published back in May 2022. That article focused on the similarities and differences in their business fundamentals and the megatrend in the Asian-Pacific regions.In this article, I want to compare them again, but from a completely different angle and for a completely different purpose. This time, I want to compare them to address many of the risks facing BABA. Some of these risks have been often mentioned by BABA bears, while some of them are less mentioned (like BABA’s profitability sustainability and platform role). All these risks are 100% valid to me. So, the point of this article is not to prove the bears to be wrong. To the contrary, their concerns are 100% valid to me. I am here to hear them out and provide my thoughts so both bulls and bears can all make informed decisions.After all, the hallmark of a first-rate mind is the ability to hold conflicting views at the same time without losing the ability to act.And we will start with the elephant in the room first – the risk in China.Risk in ChinaThe implied argument here is that the BABA thesis does not depend much on its business fundamentals. Instead, the Chinese government (or the CCP, or the VIE structure, et al) is a central part (or even all) of the thesis.As just mentioned, it is a 100% valid argument to me, and I am not here to dismiss it or prove it wrong. I am here to provide my perspective for a full view. And I invite BABA investors or potential BABA investors to consider the following aspects.First, I feel the argument is border-lining a political or ideological discussion. Not say political or ideological considerations are not important in investment decisions – to the contrary, they are very important. However, they are difficult to quantify. To me, investing is pretty much all about PRICING risks. It is hard to put a price tag on risks that you cannot quantify. As such, I won’t dwell more on this issue here myself. I recommend Ray Dalio’s recent book entitled “Principles for Dealing with the Changing World Order” for readers who are interested in his view on politics and ideologies. I feel he has deeper insights about China than most Chinese themselves. And, of course, he understands the West deeper than most westerners too. A few quotes from his book are provided below:“I urge those of you who have not spent considerable time in China to look past the caricatured pictures that are often painted by biased parties and rid yourself of any stereotypes you might have that are based on what you thought you knew about the old “communist China” - because they are wrong.“As an aside, I think the widespread medium distortions and the blind and the near-violent loyalties that stand in the way of the thoughtful exploration of our different perspectives are a frightening sign of our times.”Second, this is where JD enters the picture. If the risk is valid, then it should apply to all other major Chinese firms too, such as BABA’s close peer JD. After all, they all operate in the same country and are governed by the same laws (or lack of laws, as many have bears argued). If BABA’s business fundamentals don’t mean much to the investment thesis, then neither should JD’s.However, reality does not seem to confirm. The following chart shows a simple counterexample in terms of stock price actions. As you can see from the below chart, over the past year, JD suffered a total loss of around 4%, totally within the range of random fluctuations. On the other hand, BABA's stock price suffered a total loss of more than 46% in the past years.And as you already know, JD is still trading at a healthy (or even lofty) valuation with a P/E around 35x. This leads us to the next risk associated with BABA, its profitability. And we will discuss this next.Seeking AlphaBut BABA also has higher marginsThe next bearish argument is that due to the regulatory changes, BABA’s good old days are gone and its profitability couldn't sustain in the future. Therefore, its valuation should be discounted correspondingly.A very valid argument again. And moreover, this argument is indeed supported by data, as you can see from the top panel in the next chart. To net profit margin as an example, BABA’s margin has been quite stable and fluctuated in a narrow range between about 20% to 30% in the past before the tech crackdown started in 2020. Then it declined all the way to the current level of 6.4%.But as advised by Charlie Munger, being smart is all about actively looking for disconfirming evidence, not confirming evidence. And JD’s margin, shown in the bottom panel of this chart, is an easy disconfirming evince to find. You can see JD’s net margin has declined (and in a more dramatic fashion) since 2021, it is currently in the negative (-1%), and its long-term average is nowhere near BABA’s. In terms of long-term averages, BABA’s margin of 23% is 13x higher than JD’s 1.7%. Even when we compared BABA’s current margin of 6.4% against JD’s long-term average (kind of unfair), BABA is still ahead by about 3.8x.And this leads us yet to the next bears’ argument associated with BABA, which goes more or less like this: margins (or profitability in general) are not the whole story, and their business models are not entirely comparable. And we will address this next.Seeking AlphaBusiness model comparisonA few key differences here. First, even though BABA is better known and bigger than JD in market-cap (by almost 3x), JD’s revenues are actually larger than BABA. JD is China's largest direct retailer in terms of revenue. Second, JD relies almost exclusively on a single source of revenue while BABA is more diversified. JD's retail business represents 94% of its total sales and almost 100% of its total profits. BABA's core eCommerce operation “only” accounts for about 87% of its total sales, with the rest coming from other segments such as its cloud service.Now, even within the e-commerce segment, they are very different. JD’s main operation is its first-party marketplace. It sells its own goods and keeps its own inventories. In contrast, BABA’s main role is to provide a platform and act as a third party. For reference, Amazon (AMZN) is more of a hybrid. Its Third-Party Sales and First-Party Sales are about an even split in recent years.The focus of this article is not trying to argue which model (first-party, third-party, or a hybrid) is better, although that would be a fascinating topic for another article. The point is to acknowledge the bears’ point that net profit margin is not the entire picture because of the differences in business fundamentalsOr to put it differently, margins do not entirely determine profitability. Intuitively, the reasons are summarized by the following simple example used in one of our earlier articles:If you buy an orange today for $1 and sell it tomorrow for $1.01, your margin is a meager 1% but your ROIC (which is your true profitability) would be an astronomical 365%. There are three knobs that management can turn to drive up profitability: profit margin (“PM”), asset turnover ratio (“ATR”), and leverage. And PM is only one of the 3 knobs.And different business models lead to different ATR, as you can clearly see from the following chart. Because of its third-party dominant model, BABA’s ATR has been on average about 0.45x in the past five years (although note that the trend has been improving). In contrast, JD’s ATR is much higher. It has fluctuated in a range from 1.97x to about 2.46x in the past five years, with an average of 2.23x. So, because of its first-party dominant model, JD can operate its asset much more effectively than BABA, on average by about a factor of almost 5x.Seeking AlphaTrue profitability comparisonThe next chart compares their return on capital employed (“ROCE”), a comprehensive measure of profitability combining the effects of all three knobs as detailed in my free blog article here. As seen, their current ROCE is on the same order of magnitude – both are at terrific levels. They are not different by 3.8x as net margin would suggest or by 5x as asset utilization would. BABA’s ROCE currently stands at about 95%, and JD at about 85%. Both JD and BABA’s ROCEs have been in decline since 2020 while BABA’s decline is more dramatic.AuthorYet BABA P/E is less than ½ of JDThe comparable ROCE now leads me to the following valuation comparison. As you can see, despite very comparable ROCE (BABA is actually higher), BABA's valuation is less than ½ of JD by most metrics. Let me cite a few examples. BABA’s FY1 P/E of 13.8x is almost only 1/3 of JD’s 35x. Its FY2 P/E of 11.5x is less than 1/2 of JD’s 23.8x.And next, we will see that the valuation discount is a bit less than what's on the surface because of the differences in their balance sheets.Seeking AlphaBalance sheet and adjusted P/ECurrently, BABA has about $72 billion of cash on its ledger and JD about $28 billion, translating into $26.8 per share for BABA and about $18.6 dollars per share for JD. Both of them also have some debt but the debt is both lower than the cash position. As a result, both carry a net cash position (a quite sizable one) on their ledger. The net cash position for BABA is about $44.5 billion and for JD about $8.3 billion.In other words, at their current market cap ($274 billion for BABA and $96 billion for JD), about 16% of BABA’s market cap is just its cash and the percentage is about 20.8% for JD.When we subtract the cash out of the stock price, their Pes would both become lower. For BABA, the FY1 P/E would become only 11.6x after adjusting for its cash position. And for JD, the FY1 P/E would become 27.7x, still more than 2x above BABA.Seeking AlphaFinal thoughts and risksEven though I feel the market has gone too far in the fear direction for BABA (or not enough for JD), I think the bearish arguments are 100% valid. The common bearish concerns concerning BABA such as risk in China, profitability sustainability, and business model, are 100% valid. And I hope the comparison and contrast against its close peer JD better accentuate these concerns so we can all make better investment decisions.Finally, besides the above risks mentioned. There are also unfolding macroscopic risks that could impact both BABA and JD. BABA has more exposure overseas and will be more sensitive to global geopolitics such as the Russian/Ukraine situation. The upside is that it’s better poised to tap into the global eCommerce movement, especially in the Asian-Pacific region. There are also macroeconomic headwinds specific to China, which would impact both BABA and JD. In the short term, China faces the challenge of balancing COVID control and economic growth. The World Bank projects its GDP growth to slow in 2022 to 4.3 percent (0.8% lower than China’s own economic update).At the same time, China’s housing market is seeing weakening demand and dealing with sizable debt issues. A JPMorgan report estimated that the housing sector has been contributing up to 25% of its GDP when related sectors are considered in the past few years. But demand for housing is predicted to fall 47% by 2030. Such a large decline will create ripple effects throughout its entire economy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9013151584,"gmtCreate":1648693041067,"gmtModify":1676534381151,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013151584","repostId":"2223820317","repostType":2,"repost":{"id":"2223820317","pubTimestamp":1648616689,"share":"https://ttm.financial/m/news/2223820317?lang=&edition=fundamental","pubTime":"2022-03-30 13:04","market":"us","language":"en","title":"Why Sea Limited Stock Blasted Nearly 9% Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2223820317","media":"Motley Fool","summary":"Wall Street is weighing in on the company's recent decision.","content":"<html><head></head><body><h4><b>What happened</b></h4><p>Shares of <a href=\"https://laohu8.com/S/SE\">Sea Limited</a> charged higher on Tuesday, surging as much as 8.87%. </p><p><img src=\"https://static.tigerbbs.com/d8f8aac590349d5194dac494aa5ac32f\" tg-width=\"927\" tg-height=\"668\" width=\"100%\" height=\"auto\"/></p><p>The catalyst that sent the tech giant higher was some positive commentary from a Wall Street analyst.</p><h4><b>So what</b></h4><p>Sea Limited announced yesterday that Shopee, its e-commerce arm, would cease operations in India. Morgan Stanley analyst Mark Goodridge has weighed in on the move, viewing the decision as "a clear positive." In fact, he maintained his overweight (buy) rating and $220 price target on the stock.</p><p>He cites two key factors supporting his view. First, the risk/return profile has clearly changed for Sea Limited's entry into India, which the analyst believes is no longer attractive. Secondly, by leaving the market, Sea Limited will limit the losses that normally accompany the early expansion in a new e-commerce market.</p><p>Goodridge views Sea Limited as "an emerging Super App in South East Asia" and believes investors are failing to properly value the company's budding e-commerce business.</p><h4><b>Now what</b></h4><p>It's important to note that while India represented a significant opportunity for Sea Limited, it hadn't yet amounted to any more than a rounding error for the company's business. The country accounted for less than 3% (roughly $33 million) of Sea Limited's gaming sales, or about 1.2% of the company's total revenue.</p><p>Still, Sea Limited has challenges ahead. During its fourth-quarter earnings report, released earlier this month, the company reported a slowdown in its gaming business, as bookings of $1.1 billion climbed just 7% year over year after increasing 111% in the prior-year quarter.</p><p>This could just be a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time thing, but investors should watch this metric carefully, as it's often a harbinger of things to come.</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 Sea Limited Stock Blasted Nearly 9% Tuesday</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 Sea Limited Stock Blasted Nearly 9% Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-30 13:04 GMT+8 <a href=https://www.fool.com/investing/2022/03/29/why-sea-limited-stock-blasted-higher-tuesday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Sea Limited charged higher on Tuesday, surging as much as 8.87%. The catalyst that sent the tech giant higher was some positive commentary from a Wall Street analyst.So whatSea ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/29/why-sea-limited-stock-blasted-higher-tuesday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4535":"淡马锡持仓","BK4505":"高瓴资本持仓","BK4139":"生物科技","BK4504":"桥水持仓","BK4526":"热门中概股","BK4548":"巴美列捷福持仓","SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2022/03/29/why-sea-limited-stock-blasted-higher-tuesday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2223820317","content_text":"What happenedShares of Sea Limited charged higher on Tuesday, surging as much as 8.87%. The catalyst that sent the tech giant higher was some positive commentary from a Wall Street analyst.So whatSea Limited announced yesterday that Shopee, its e-commerce arm, would cease operations in India. Morgan Stanley analyst Mark Goodridge has weighed in on the move, viewing the decision as \"a clear positive.\" In fact, he maintained his overweight (buy) rating and $220 price target on the stock.He cites two key factors supporting his view. First, the risk/return profile has clearly changed for Sea Limited's entry into India, which the analyst believes is no longer attractive. Secondly, by leaving the market, Sea Limited will limit the losses that normally accompany the early expansion in a new e-commerce market.Goodridge views Sea Limited as \"an emerging Super App in South East Asia\" and believes investors are failing to properly value the company's budding e-commerce business.Now whatIt's important to note that while India represented a significant opportunity for Sea Limited, it hadn't yet amounted to any more than a rounding error for the company's business. The country accounted for less than 3% (roughly $33 million) of Sea Limited's gaming sales, or about 1.2% of the company's total revenue.Still, Sea Limited has challenges ahead. During its fourth-quarter earnings report, released earlier this month, the company reported a slowdown in its gaming business, as bookings of $1.1 billion climbed just 7% year over year after increasing 111% in the prior-year quarter.This could just be a one-time thing, but investors should watch this metric carefully, as it's often a harbinger of things to come.","news_type":1},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9013153343,"gmtCreate":1648692947052,"gmtModify":1676534381137,"author":{"id":"4097750392225160","authorId":"4097750392225160","name":"Mamamom","avatar":"https://static.tigerbbs.com/c63538d3ac32bb5ac4be0774231d5d42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4097750392225160","authorIdStr":"4097750392225160"},"themes":[],"htmlText":"Yey","listText":"Yey","text":"Yey","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013153343","repostId":"1116605765","repostType":2,"repost":{"id":"1116605765","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1648630693,"share":"https://ttm.financial/m/news/1116605765?lang=&edition=fundamental","pubTime":"2022-03-30 16:58","market":"us","language":"en","title":"Apple Stock Extends Winning Streak To 11 Sessions: Does The Rally Have More Legs?","url":"https://stock-news.laohu8.com/highlight/detail?id=1116605765","media":"Benzinga","summary":"After languishing amid the tech-led market sell-off, Apple, Inc.(NASDAQ: AAPL) shares have seen a ni","content":"<html><head></head><body><p>After languishing amid the tech-led market sell-off, <b>Apple, Inc.</b>(NASDAQ: AAPL) shares have seen a nice recovery in recent sessions.</p><p><img src=\"https://static.tigerbbs.com/82a0a708486ed6a18dd53641a3ec4550\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><b>Apple Back In The Green:</b> Apple stock bottomed at $150.10 on March 14 before ending the session at $150.62. Since then, the stock has been higher for 11 straight sessions, the longest winning streak in about nine years.</p><p>Thanks to the extended rally witnessed by the stock, it has turned positive for the year-to-date period.</p><p>Apple stock ended 2021 with a gain of 34.6% and peaked at $182.94 on Jan. 4, 2022. It traced a down move until late January before staging a recovery, with the quarterly earnings report serving as the catalyst. Unable to break through resistance around $176, the stock faltered yet again and tumbled to the March 14 low.</p><p>The stock is now up about 4.2% year-to-date.</p><p><b>What's Driving The Rally?</b>Apple typically has a lean patch in the first half of a calendar year, primarily because it is coming off a seasonally strong holiday quarter. Also, the tech giant's key hardware launch events are back-end loaded.</p><p>This time around, the word on the Street is that the company has staggered, multiple launch events. Earlier this month, Apple hosted its "Peek Performance" event, where it unveiled the next iteration of its 5G-enabled iPhone SE budget phone.</p><p>Apple also announced a new in-house, high-performance chip, the M1 Ultra, and a new Mac desktop and display.</p><p>It is also rumored that Apple will announce a hardware subscription option, which according to Morgan Stanley analyst Katy Huberty will drive meaningful upside to the stock price.</p><p>Also supporting the Apple rally is an alleviation in the geopolitical turbulence seen around the Russia-Ukraine war. This has increased appetites for risky investment bets, including equities.</p><p>Is the worst phase over for Apple? The average analyst price target for Apple is $193.36, according to data compiled by TipRanks. This suggests the stock has further room to run. The consensus price target implies roughly 10% upside.</p><p><b>AAPL Price Action:</b> Apple shares gained 1.91% Tuesday, closing at $178.96, according to Benzinga Pro.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock Extends Winning Streak To 11 Sessions: Does The Rally Have More Legs?</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 Extends Winning Streak To 11 Sessions: Does The Rally Have More Legs?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-03-30 16:58</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>After languishing amid the tech-led market sell-off, <b>Apple, Inc.</b>(NASDAQ: AAPL) shares have seen a nice recovery in recent sessions.</p><p><img src=\"https://static.tigerbbs.com/82a0a708486ed6a18dd53641a3ec4550\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><b>Apple Back In The Green:</b> Apple stock bottomed at $150.10 on March 14 before ending the session at $150.62. Since then, the stock has been higher for 11 straight sessions, the longest winning streak in about nine years.</p><p>Thanks to the extended rally witnessed by the stock, it has turned positive for the year-to-date period.</p><p>Apple stock ended 2021 with a gain of 34.6% and peaked at $182.94 on Jan. 4, 2022. It traced a down move until late January before staging a recovery, with the quarterly earnings report serving as the catalyst. Unable to break through resistance around $176, the stock faltered yet again and tumbled to the March 14 low.</p><p>The stock is now up about 4.2% year-to-date.</p><p><b>What's Driving The Rally?</b>Apple typically has a lean patch in the first half of a calendar year, primarily because it is coming off a seasonally strong holiday quarter. Also, the tech giant's key hardware launch events are back-end loaded.</p><p>This time around, the word on the Street is that the company has staggered, multiple launch events. Earlier this month, Apple hosted its "Peek Performance" event, where it unveiled the next iteration of its 5G-enabled iPhone SE budget phone.</p><p>Apple also announced a new in-house, high-performance chip, the M1 Ultra, and a new Mac desktop and display.</p><p>It is also rumored that Apple will announce a hardware subscription option, which according to Morgan Stanley analyst Katy Huberty will drive meaningful upside to the stock price.</p><p>Also supporting the Apple rally is an alleviation in the geopolitical turbulence seen around the Russia-Ukraine war. This has increased appetites for risky investment bets, including equities.</p><p>Is the worst phase over for Apple? The average analyst price target for Apple is $193.36, according to data compiled by TipRanks. This suggests the stock has further room to run. The consensus price target implies roughly 10% upside.</p><p><b>AAPL Price Action:</b> Apple shares gained 1.91% Tuesday, closing at $178.96, according to Benzinga Pro.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116605765","content_text":"After languishing amid the tech-led market sell-off, Apple, Inc.(NASDAQ: AAPL) shares have seen a nice recovery in recent sessions.Apple Back In The Green: Apple stock bottomed at $150.10 on March 14 before ending the session at $150.62. Since then, the stock has been higher for 11 straight sessions, the longest winning streak in about nine years.Thanks to the extended rally witnessed by the stock, it has turned positive for the year-to-date period.Apple stock ended 2021 with a gain of 34.6% and peaked at $182.94 on Jan. 4, 2022. It traced a down move until late January before staging a recovery, with the quarterly earnings report serving as the catalyst. Unable to break through resistance around $176, the stock faltered yet again and tumbled to the March 14 low.The stock is now up about 4.2% year-to-date.What's Driving The Rally?Apple typically has a lean patch in the first half of a calendar year, primarily because it is coming off a seasonally strong holiday quarter. Also, the tech giant's key hardware launch events are back-end loaded.This time around, the word on the Street is that the company has staggered, multiple launch events. Earlier this month, Apple hosted its \"Peek Performance\" event, where it unveiled the next iteration of its 5G-enabled iPhone SE budget phone.Apple also announced a new in-house, high-performance chip, the M1 Ultra, and a new Mac desktop and display.It is also rumored that Apple will announce a hardware subscription option, which according to Morgan Stanley analyst Katy Huberty will drive meaningful upside to the stock price.Also supporting the Apple rally is an alleviation in the geopolitical turbulence seen around the Russia-Ukraine war. This has increased appetites for risky investment bets, including equities.Is the worst phase over for Apple? The average analyst price target for Apple is $193.36, according to data compiled by TipRanks. This suggests the stock has further room to run. The consensus price target implies roughly 10% upside.AAPL Price Action: Apple shares gained 1.91% Tuesday, closing at $178.96, according to Benzinga Pro.","news_type":1},"isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}