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2022-12-03

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Why Now Is NOT the Time to Buy NIO Stock

2022-11-24

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2022-10-27

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3 Supercharged Growth Stocks With 257% to 379% Upside, According to Wall Street

2022-10-27

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2022-10-12

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Tesla Q3: Watch Out For $175 Entry Opportunity

2022-10-12

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AAPL, AMZN, or TSLA: Which MATANA Stock is the Most Attractive Pick?

2022-10-10

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CPI Sets the Stage for Fed's November Hike, Banks Report for Q3: What to Know This Week

2022-09-28

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US STOCKS-S&P 500 Ends near Two-Year Low as Bear Market Deepens

2022-09-22

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Fed Delivers Another Big Rate Hike; Powell Vows to "Keep at It"

2022-09-22

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US STOCKS-Wall Street Slumps As Investors Absorb Hawkish Fed Rate Message

2022-09-20

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5 Top Stocks Cathie Wood Is Buying Right Now

2022-09-06

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Bill Ackman: Stock Market Waiting for Rate Hikes to Stop for Buy Signal

2022-09-06

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U.S. Stocks Rise As Wall Street Looks to Reverse 3-Week Losing Streak

2022-08-22

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Better Bear Market Buy: Apple vs. Microsoft

2022-08-12

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Palantir: The Good, The Bad And The Ugly

2022-08-05

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2022-08-05

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Cathie Wood Sheds $5M In CRISPR Therapeutics, Scoops Up These Biotech Stocks Instead

2022-08-05

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AMC Stock Falls 9% in Premarket Trading

2022-08-05

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2022-07-26

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07:39","market":"us","language":"en","title":"Why Now Is NOT the Time to Buy NIO Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2288596195","media":"InvestorPlace","summary":"Nio (NIO) stock could remain under pressure to due China’s unpredictable Covid-19 policy.Despite Nio’s revenue growth, investors should observe the company’s widening earnings loss.Investors can choos","content":"<html><head></head><body><ul><li><b>Nio</b> (<b>NIO</b>) stock could remain under pressure to due China’s unpredictable Covid-19 policy.</li><li>Despite Nio’s revenue growth, investors should observe the company’s widening earnings loss.</li><li>Investors can choose to delay any purchases of NIO stock until conditions improve.</li></ul><p><img src=\"https://static.tigerbbs.com/14e2554adb7734c917635ae8dca2b6ba\" tg-width=\"768\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/></p><p>Source: Michael Vi / Shutterstock.com</p><p>Given the fact that <b>Nio</b> (NYSE:<b>NIO</b>) stock is down year-to-date, eager investors may be tempted to take a long position now. However, this is actually a time to exercise caution.</p><p>For one thing, China’s on-and-off zero-Covid policies could throw a wrench into the works. Besides, Nio’s financials are less than ideal, especially when it comes to the company’s profits (or lack thereof).</p><p>As a China-based electric vehicle (EV) company, Nio has to contend with multiple challenges. There’s the prospect of having to compete in a fierce EV market. Plus, Nio must deal with a government that’s not always business-friendly.</p><p>Regardless of where you’re located, if you’re invested in Nio, the company’s problems will become your problems. There may be a time to take a stake in Nio at some point in the future, but for the time being, a watch-and-wait strategy is entirely appropriate.</p><table border=\"1\"><tbody><tr><td><b>NIO</b></td><td><b>Nio</b></td><td>$12.09</td></tr></tbody></table><h2>What’s Happening with NIO Stock?</h2><p>NIO stock started 2022 at $33, but recently declined to just $12 and change. Bear in mind, just because a stock has a lower price, doesn’t necessarily mean it’s a good value.</p><p>It’s difficult to assign a proper value to a stock when there’s an unpredictable government. On Nov. 11, a number of U.S.-listed Chinese companies’ shares rallied because Beijing seemed to be easing some of China’s Covid-19 restrictions. Yet, the hope of a near-term full reopening in China wouldn’t last long.</p><p>Fast-forward to Nov. 22, and China is reporting 28,127 new domestically transmitted Covid-19 cases. This number was close to the nation’s daily peak from April.</p><p>The next thing you know, there are reports of cultural and entertainment venues closures and restricted use of some shopping malls and restaurants. This, clearly, is a challenging macro-level environment for Nio to work in.</p><h2>Nio’s Financial Are Problematic</h2><p>Meanwhile, some folks probably celebrated Nio’s most recently reported quarterly financial results, but perhaps they shouldn’t. There’s good news in the data but also major issues.</p><p>It’s true that Nio increased its revenue 32.6% year over year during the third quarter of 2022. However, Nio also saw its gross margin shrink from 20.3% to 13.3% during that time.</p><p>Furthermore, Nio’s gross profit contracted 12.9% year over year, but that’s not even the worst part. Distressingly, Nio’s net earnings loss ballooned 392.1% year over year to the equivalent of $577.9 million in Q3 2022.</p><p>Now, we can start to see why NIO stock hasn’t regained its footing this year. Currently, there are too many holes in the bull thesis for investors to put their faith in Nio.</p><h2>What You Can Do Now</h2><p>This isn’t to suggest that Nio is a toxic business that’s about to go bankrupt. There may be an appropriate time to consider NIO stock in the future.</p><p>However, once again, let’s not confuse a low share price with a compelling value. The macro-level and company-specific conditions simply don’t favor an investment in Nio, so feel free to stay on the sidelines for now.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Now Is NOT the Time to Buy NIO Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Now Is NOT the Time to Buy NIO Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/market360/2022/12/why-now-is-not-the-time-to-buy-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio (NIO) stock could remain under pressure to due China’s unpredictable Covid-19 policy.Despite Nio’s revenue growth, investors should observe the company’s widening earnings loss.Investors can ...</p>\n\n<a href=\"https://investorplace.com/market360/2022/12/why-now-is-not-the-time-to-buy-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4505":"高瓴资本持仓","BK4581":"高盛持仓","BK4504":"桥水持仓","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","NIO":"蔚来","BK4532":"文艺复兴科技持仓","BK4531":"中概回港概念","LU0052750758.USD":"富兰克林中国基金A Acc","BK4534":"瑞士信贷持仓","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK4555":"新能源车","09866":"蔚来-SW","NIO.SI":"蔚来","BK4509":"腾讯概念","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","BK4526":"热门中概股","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","BK4574":"无人驾驶"},"source_url":"https://investorplace.com/market360/2022/12/why-now-is-not-the-time-to-buy-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2288596195","content_text":"Nio (NIO) stock could remain under pressure to due China’s unpredictable Covid-19 policy.Despite Nio’s revenue growth, investors should observe the company’s widening earnings loss.Investors can choose to delay any purchases of NIO stock until conditions improve.Source: Michael Vi / Shutterstock.comGiven the fact that Nio (NYSE:NIO) stock is down year-to-date, eager investors may be tempted to take a long position now. However, this is actually a time to exercise caution.For one thing, China’s on-and-off zero-Covid policies could throw a wrench into the works. Besides, Nio’s financials are less than ideal, especially when it comes to the company’s profits (or lack thereof).As a China-based electric vehicle (EV) company, Nio has to contend with multiple challenges. There’s the prospect of having to compete in a fierce EV market. Plus, Nio must deal with a government that’s not always business-friendly.Regardless of where you’re located, if you’re invested in Nio, the company’s problems will become your problems. There may be a time to take a stake in Nio at some point in the future, but for the time being, a watch-and-wait strategy is entirely appropriate.NIONio$12.09What’s Happening with NIO Stock?NIO stock started 2022 at $33, but recently declined to just $12 and change. Bear in mind, just because a stock has a lower price, doesn’t necessarily mean it’s a good value.It’s difficult to assign a proper value to a stock when there’s an unpredictable government. On Nov. 11, a number of U.S.-listed Chinese companies’ shares rallied because Beijing seemed to be easing some of China’s Covid-19 restrictions. Yet, the hope of a near-term full reopening in China wouldn’t last long.Fast-forward to Nov. 22, and China is reporting 28,127 new domestically transmitted Covid-19 cases. This number was close to the nation’s daily peak from April.The next thing you know, there are reports of cultural and entertainment venues closures and restricted use of some shopping malls and restaurants. This, clearly, is a challenging macro-level environment for Nio to work in.Nio’s Financial Are ProblematicMeanwhile, some folks probably celebrated Nio’s most recently reported quarterly financial results, but perhaps they shouldn’t. There’s good news in the data but also major issues.It’s true that Nio increased its revenue 32.6% year over year during the third quarter of 2022. However, Nio also saw its gross margin shrink from 20.3% to 13.3% during that time.Furthermore, Nio’s gross profit contracted 12.9% year over year, but that’s not even the worst part. Distressingly, Nio’s net earnings loss ballooned 392.1% year over year to the equivalent of $577.9 million in Q3 2022.Now, we can start to see why NIO stock hasn’t regained its footing this year. Currently, there are too many holes in the bull thesis for investors to put their faith in Nio.What You Can Do NowThis isn’t to suggest that Nio is a toxic business that’s about to go bankrupt. There may be an appropriate time to consider NIO stock in the future.However, once again, let’s not confuse a low share price with a compelling value. The macro-level and company-specific conditions simply don’t favor an investment in Nio, so feel free to stay on the sidelines for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":414,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968495957,"gmtCreate":1669279206780,"gmtModify":1676538178161,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9968495957","repostId":"1102300737","repostType":4,"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988490575,"gmtCreate":1666802671297,"gmtModify":1676537808781,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988490575","repostId":"2278754775","repostType":4,"repost":{"id":"2278754775","pubTimestamp":1666773101,"share":"https://www.laohu8.com/m/news/2278754775?lang=&edition=full","pubTime":"2022-10-26 16:31","market":"us","language":"en","title":"3 Supercharged Growth Stocks With 257% to 379% Upside, According to Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2278754775","media":"Motley Fool","summary":"Select analysts believe these industry game changers can skyrocket over the next year.","content":"<html><head></head><body><p>Wall Street has taken investors on quite the ride in 2022. Through the first half of the year, the benchmark <b>S&amp;P 500</b> delivered its worst first-half return since 1970. Meanwhile, the bond market is working on its worst return <i>in history</i>. There have been few ways to escape the onslaught.</p><p>However, double-digit-percentage declines in the stock market aren&#39;t known for lasting long. Historically, bull markets last substantially longer than corrections and bear markets. What&#39;s more, every crash, correction, and bear market throughout history has eventually been cleared away by a long-term rally. In other words, buying during the dips makes a lot of sense -- and Wall Street analysts know it.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86a0495df10ebed00eaabaed4e739600\" tg-width=\"700\" tg-height=\"535\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p>Most price targets placed on publicly traded companies by Wall Street reflect this long-term optimism. But for some companies, truly great things are expected. According to the price targets of a select few analysts, Wall Street foresees the following three supercharged growth stocks gaining between 257% and 379% over the next year.</p><h2>Nio: Implied upside of 257%</h2><p>Electric vehicle (EV) manufacturer <b>Nio</b> has had a miserable year, with its shares down 65% through this past weekend. Semiconductor chip shortages, China&#39;s zero-COVID strategy (which has led to production disruptions), and historically high inflation are all headwinds working against the company.</p><p>Despite these challenges, <b>Mizuho</b> analyst Vijay Rakesh believes Nio is worth $40 a share, which would represent upside of 257% from where shares of the company closed on Oct. 21. While acknowledging Nio&#39;s supply chain and logistical challenges in a recent research note, Rakesh believes demand for Nio&#39;s EV is strong and that China&#39;s push toward greener transportation will be a positive for the company.</p><p>The thesis offered by Rakesh certainly holds water if you take a closer look at Nio&#39;s production totals. Though it&#39;s been hampered by persistent supply chain issues, the company has delivered four consecutive months with deliveries topping 10,000 EVs. Management has previously opined that it would have been able to ramp up to 50,000 EVs produced each month by as early as the end of 2022 if supply chain problems weren&#39;t a concern.</p><p>Nio has done a phenomenal job of letting its products do the talking. The company has been rolling out at least one new EV each year, with both of its new sedans (the ET7 and the ET5) offering a roughly 621-mile range with the top battery pack upgrade. That&#39;s considerably more range than the electric sedans Nio is competing with in China.</p><p>It also shouldn&#39;t be overlooked that Nio is based in the No. 1 auto market in the world -- China. By 2035, roughly half of all new vehicles sold in China are expected to run on some form of alternative energy. This gives Nio an opportunity to sustain double-digit growth amid a multidecade vehicle replacement cycle.</p><p>Although Nio does appear to have the tools and innovation capable of reaching $40 a share, supply chain issues make it unlikely that Mizuho&#39;s aggressive price target will be achieved within the next 12 months.</p><h2>Vaxart: Implied upside of 379%</h2><p>Another supercharged growth stock that Wall Street believes offers immense upside potential is clinical-stage biotech stock <b>Vaxart</b>.</p><p>Though shares of Vaxart have plummeted 73% on a year-to-date basis, it hasn&#39;t changed the optimistic tune of analyst Charles Duncan of Cantor Fitzgerald. Duncan&#39;s $8 price target suggests that Vaxart could come close to quintupling its current value. Duncan has cited the company&#39;s interim phase 2 results of an oral COVID-19 vaccine as the reason for his and his firm&#39;s lofty price target.</p><p>Logistically speaking, COVID-19 vaccines have their challenges. Properly storing and transporting approved COVID-19 vaccines can be challenging, as can the burden of having a medical professional administer a shot to a patient. An oral COVID-19 vaccine would be considerably easier to distribute and administer, which is why Vaxart&#39;s approach has been raising eyebrows.</p><p>At the beginning of September, the company announced the results of the first part of a two-part phase 2 study involving VXA-CoV2-1.1-S (don&#39;t these drug names just roll off the tongue?). This experimental pill specifically targets the S protein, with data showing that it met its primary safety endpoint, as well as its secondary immunogenicity endpoint.</p><p>While this initial data is encouraging, it&#39;s important to note that the company&#39;s previous candidate, VXA-CoV2-1, which targeted both the S and N proteins, didn&#39;t have the same success.</p><p>Furthermore, most COVID-focused vaccine developers have pivoted to omicron-specific solutions. Vaxart is still in the data-culling phase of its existence and is unlikely to conduct a large-scale omicron variant-focused trial until the latter half of 2023. This means it&#39;s going to be years before an omicron-specific oral vaccine has any chance of hitting pharmacy shelves.</p><p>In short, Cantor Fitzgerald&#39;s astronomical $8 price target for Vaxart is almost certainly out of reach.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d35e5e3f94aad2bbab176de04084b36\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>Plug Power: Implied upside of 373%</h2><p>The third supercharged growth stock with abundant upside, at least according to one Wall Street analyst, is hydrogen fuel cell solutions developer <b>Plug Power</b>.</p><p>Like most growth stocks, Plug has had a difficult year, with its shares tumbling 42%. But this hasn&#39;t stopped H.C. Wainwright analyst Amit Dayal from being the company&#39;s biggest cheerleader. Dayal has stuck by his firm&#39;s sky-high price target of $78 for a while, which would represent an increase of 373% from where shares ended this past week. Dayal is counting on the company&#39;s ever-expanding green hydrogen network to drive big gains.</p><p>Similar to Nio, Plug Power is poised to benefit from developed countries wanting to reduce their respective carbon footprints. The company&#39;s burgeoning green hydrogen ecosystem can produce and store hydrogen for personal or commercial use with fuel cells. The expectation is for increased green hydrogen availability to push down prices and make hydrogen-fueled vehicles an attractive option -- especially for public transportation and enterprise fleets.</p><p>The other significant catalyst for Plug Power is its numerous partnerships and joint ventures. In January 2021, it put itself on the map by forging two major partnerships in the span of a week, with SK Group and <b>Renault</b>. Just last week, it struck another joint venture -- this time with <b>Olin</b> -- to construct a hydrogen plant in Louisiana capable of producing 15 tons of green hydrogen per day. These joint ventures continue to validate Plug&#39;s technology and its push to $3 billion in targeted annual revenue by 2025. For context, full-year sales in 2021 were just over $502 million.</p><p>But even what seem like surefire opportunities face challenges. A little over a week ago, the company announced its previous sales forecast for 2022 would likely come in 5% to 10% light due to supply chain issues and the timing of certain projects.</p><p>It&#39;s also unclear how the company&#39;s expansion could be adversely impacted by rapidly rising interest rates. Getting green hydrogen infrastructure in place won&#39;t be cheap, and financing that green-energy future is becoming costlier by the day. With Plug Power still at least two years away from turning a recurring profit, it seems increasingly unlikely that Dayal&#39;s $78 price target will be reached.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Supercharged Growth Stocks With 257% to 379% Upside, According to Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Supercharged Growth Stocks With 257% to 379% Upside, According to Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-26 16:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/25/3-growth-stocks-with-257-to-379-upside-wall-street/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street has taken investors on quite the ride in 2022. Through the first half of the year, the benchmark S&P 500 delivered its worst first-half return since 1970. Meanwhile, the bond market is ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/25/3-growth-stocks-with-257-to-379-upside-wall-street/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","PLUG":"普拉格能源","VXRT":"Vaxart, Inc"},"source_url":"https://www.fool.com/investing/2022/10/25/3-growth-stocks-with-257-to-379-upside-wall-street/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2278754775","content_text":"Wall Street has taken investors on quite the ride in 2022. Through the first half of the year, the benchmark S&P 500 delivered its worst first-half return since 1970. Meanwhile, the bond market is working on its worst return in history. There have been few ways to escape the onslaught.However, double-digit-percentage declines in the stock market aren't known for lasting long. Historically, bull markets last substantially longer than corrections and bear markets. What's more, every crash, correction, and bear market throughout history has eventually been cleared away by a long-term rally. In other words, buying during the dips makes a lot of sense -- and Wall Street analysts know it.Image source: Getty Images.Most price targets placed on publicly traded companies by Wall Street reflect this long-term optimism. But for some companies, truly great things are expected. According to the price targets of a select few analysts, Wall Street foresees the following three supercharged growth stocks gaining between 257% and 379% over the next year.Nio: Implied upside of 257%Electric vehicle (EV) manufacturer Nio has had a miserable year, with its shares down 65% through this past weekend. Semiconductor chip shortages, China's zero-COVID strategy (which has led to production disruptions), and historically high inflation are all headwinds working against the company.Despite these challenges, Mizuho analyst Vijay Rakesh believes Nio is worth $40 a share, which would represent upside of 257% from where shares of the company closed on Oct. 21. While acknowledging Nio's supply chain and logistical challenges in a recent research note, Rakesh believes demand for Nio's EV is strong and that China's push toward greener transportation will be a positive for the company.The thesis offered by Rakesh certainly holds water if you take a closer look at Nio's production totals. Though it's been hampered by persistent supply chain issues, the company has delivered four consecutive months with deliveries topping 10,000 EVs. Management has previously opined that it would have been able to ramp up to 50,000 EVs produced each month by as early as the end of 2022 if supply chain problems weren't a concern.Nio has done a phenomenal job of letting its products do the talking. The company has been rolling out at least one new EV each year, with both of its new sedans (the ET7 and the ET5) offering a roughly 621-mile range with the top battery pack upgrade. That's considerably more range than the electric sedans Nio is competing with in China.It also shouldn't be overlooked that Nio is based in the No. 1 auto market in the world -- China. By 2035, roughly half of all new vehicles sold in China are expected to run on some form of alternative energy. This gives Nio an opportunity to sustain double-digit growth amid a multidecade vehicle replacement cycle.Although Nio does appear to have the tools and innovation capable of reaching $40 a share, supply chain issues make it unlikely that Mizuho's aggressive price target will be achieved within the next 12 months.Vaxart: Implied upside of 379%Another supercharged growth stock that Wall Street believes offers immense upside potential is clinical-stage biotech stock Vaxart.Though shares of Vaxart have plummeted 73% on a year-to-date basis, it hasn't changed the optimistic tune of analyst Charles Duncan of Cantor Fitzgerald. Duncan's $8 price target suggests that Vaxart could come close to quintupling its current value. Duncan has cited the company's interim phase 2 results of an oral COVID-19 vaccine as the reason for his and his firm's lofty price target.Logistically speaking, COVID-19 vaccines have their challenges. Properly storing and transporting approved COVID-19 vaccines can be challenging, as can the burden of having a medical professional administer a shot to a patient. An oral COVID-19 vaccine would be considerably easier to distribute and administer, which is why Vaxart's approach has been raising eyebrows.At the beginning of September, the company announced the results of the first part of a two-part phase 2 study involving VXA-CoV2-1.1-S (don't these drug names just roll off the tongue?). This experimental pill specifically targets the S protein, with data showing that it met its primary safety endpoint, as well as its secondary immunogenicity endpoint.While this initial data is encouraging, it's important to note that the company's previous candidate, VXA-CoV2-1, which targeted both the S and N proteins, didn't have the same success.Furthermore, most COVID-focused vaccine developers have pivoted to omicron-specific solutions. Vaxart is still in the data-culling phase of its existence and is unlikely to conduct a large-scale omicron variant-focused trial until the latter half of 2023. This means it's going to be years before an omicron-specific oral vaccine has any chance of hitting pharmacy shelves.In short, Cantor Fitzgerald's astronomical $8 price target for Vaxart is almost certainly out of reach.Image source: Getty Images.Plug Power: Implied upside of 373%The third supercharged growth stock with abundant upside, at least according to one Wall Street analyst, is hydrogen fuel cell solutions developer Plug Power.Like most growth stocks, Plug has had a difficult year, with its shares tumbling 42%. But this hasn't stopped H.C. Wainwright analyst Amit Dayal from being the company's biggest cheerleader. Dayal has stuck by his firm's sky-high price target of $78 for a while, which would represent an increase of 373% from where shares ended this past week. Dayal is counting on the company's ever-expanding green hydrogen network to drive big gains.Similar to Nio, Plug Power is poised to benefit from developed countries wanting to reduce their respective carbon footprints. The company's burgeoning green hydrogen ecosystem can produce and store hydrogen for personal or commercial use with fuel cells. The expectation is for increased green hydrogen availability to push down prices and make hydrogen-fueled vehicles an attractive option -- especially for public transportation and enterprise fleets.The other significant catalyst for Plug Power is its numerous partnerships and joint ventures. In January 2021, it put itself on the map by forging two major partnerships in the span of a week, with SK Group and Renault. Just last week, it struck another joint venture -- this time with Olin -- to construct a hydrogen plant in Louisiana capable of producing 15 tons of green hydrogen per day. These joint ventures continue to validate Plug's technology and its push to $3 billion in targeted annual revenue by 2025. For context, full-year sales in 2021 were just over $502 million.But even what seem like surefire opportunities face challenges. A little over a week ago, the company announced its previous sales forecast for 2022 would likely come in 5% to 10% light due to supply chain issues and the timing of certain projects.It's also unclear how the company's expansion could be adversely impacted by rapidly rising interest rates. Getting green hydrogen infrastructure in place won't be cheap, and financing that green-energy future is becoming costlier by the day. With Plug Power still at least two years away from turning a recurring profit, it seems increasingly unlikely that Dayal's $78 price target will be reached.","news_type":1},"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988402829,"gmtCreate":1666800730661,"gmtModify":1676537808565,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988402829","repostId":"1129024455","repostType":4,"repost":{"id":"1129024455","pubTimestamp":1666774925,"share":"https://www.laohu8.com/m/news/1129024455?lang=&edition=full","pubTime":"2022-10-26 17:02","market":"us","language":"en","title":"Google Was Supposed to Be Wall Street’s Safe Haven, but Now It’s a Dart Board","url":"https://stock-news.laohu8.com/highlight/detail?id=1129024455","media":"MarketWatch","summary":"Continued heavy hiring in the face of an ad slowdown and revenue miss of more than $2 billion sends ","content":"<html><head></head><body><p>Continued heavy hiring in the face of an ad slowdown and revenue miss of more than $2 billion sends Alphabet stock south, and execs don&#39;t seem worried enough while piling on mosre costs</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67bbaf2ef2a69dac9b83460ba01de67f\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Signage outside Google’s Bay View campus in Mountain View, Calif. BLOOMBERG NEWS</span></p><p>It has been a rough year for companies that rely on online advertising for their revenue, but many on Wall Street believed that Alphabet Inc.’s stock was a safe haven amid the uncertainty.</p><p>Even in Big Tech, though, safety is no longer a sure thing. And Alphabet executives are learning that lesson the hard way.</p><p>Google’s parent company reported year-over-year revenue growth of 6% on Tuesday, its lowest growth rate since fears of this thing called a “pandemic” caused a brief shutdown of ad purchases back in the June quarter of 2020. Before that, you would have to go back to 2013 to find smaller revenue growth for Google.</p><p>While it is true that Google seems to be holding up better than competitors — Facebook parent Meta,which reports earnings Wednesday, already detailed its first-ever revenue decline last quarter, and Snap posted worrisome earnings last week — the search giant is still not a “safe haven,” as Baird Equity analyst Colin Sebastian dubbed it last July. Sebastian called Tuesday’s results “cloudy” and “mixed” in a brief early note to clients, as Wall Street sent Alphabet’s shares down more than 6% in after-hours trading.</p><p>“There’s no question we’re operating in an uncertain environment and that businesses big and small continue to be tested in new and different ways depending on where they are in the world,” said Philipp Schindler, chief business officer of Alphabet’s Google business.</p><p>Several factors were at play, but the biggest was a slowdown in ad spending, even on YouTube. Google’s overall ad revenue missed expectations by more than $2 billion, with most of that miss centered in the core search business, and YouTube revenue actually declined by 2% year over year.</p><p>Schindler called out financial services as especially weak for advertising — insurance, loan, mortgage and cryptocurrency ads seem to have dried up. Additionally, the stronger dollar hurt, as did a slowdown in the Google Play Store, which was a big gaming hub last year but has seen those revenues decline.</p><p>Many other Silicon Valley companies have responded to the downturn in spending by slowing down hiring, at the very least, while others have already resorted to layoffs. None of that showed up in Google’s report, though, even as top executives pledged that hiring is slowing in both the fourth quarter and in 2023.</p><p>“Our Q4 headcount additions will be significantly lower than Q2 and as we planned for 2023, we’ll continue to make important trade-offs … and are focused on moderating operating-expense growth,” Alphabet Chief Executive Sundar Pichai said at the beginning of the call.</p><p>It shouldn’t be hard for executives to slow down the pace of their hiring. Chief Financial Officer Ruth Porat said the company had hired 12,765 people in the third quarter for a total of 186,779 employees, a 24.5% increase in head count from last year. While that includes roughly 2,600 workers who came on board in the acquisition of Mandiant, Wall Street analysts clearly were annoyed at the level of spending — when one analyst asked if Alphabet had conducted any sort of quantifiable analysis to ensure that it is generating a return on investment “from all your hiring,” Pichai did not answer the question.</p><p>“It’s been clear that we’re going to moderate our base of hiring going into Q4, versus 2023,” he said. “I think we are seeing a lot of opportunities across a whole set of areas and … talent is the most precious resource, so we are constantly working to make sure everyone we’ve brought in is working on the most important things as a company.”</p><p>Porat said that head-count additions in the fourth quarter will slow to less than half of the new hires in the September quarter, but that still suggests roughly 6,000 to 6,500 new hires. That is roughly the same size as Snap’s entire workforce <i>before</i> that company laid off one in five workers earlier this year, and roughly double the number of workers employed by Pinterest Inc.</p><p>Google has always ignored the whims of Wall Street and done whatever executives wanted to do, which can work if you’re growing fast and showing strong results. But Alphabet stock is no longer a safe haven, YouTube is shrinking and advertisers are slashing budgets — it is time for Google executives to find a new approach.</p><p>And if any investors were betting on strong results from Alphabet or other online-ad companies and hoping for strong near-term results, it may be time to switch up your game as well.</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google Was Supposed to Be Wall Street’s Safe Haven, but Now It’s a Dart Board</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\">\nGoogle Was Supposed to Be Wall Street’s Safe Haven, but Now It’s a Dart Board\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-26 17:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/google-was-supposed-to-be-wall-streets-safe-haven-but-now-its-a-dart-board-11666742251?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Continued heavy hiring in the face of an ad slowdown and revenue miss of more than $2 billion sends Alphabet stock south, and execs don't seem worried enough while piling on mosre costsSignage outside...</p>\n\n<a href=\"https://www.marketwatch.com/story/google-was-supposed-to-be-wall-streets-safe-haven-but-now-its-a-dart-board-11666742251?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/google-was-supposed-to-be-wall-streets-safe-haven-but-now-its-a-dart-board-11666742251?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129024455","content_text":"Continued heavy hiring in the face of an ad slowdown and revenue miss of more than $2 billion sends Alphabet stock south, and execs don't seem worried enough while piling on mosre costsSignage outside Google’s Bay View campus in Mountain View, Calif. BLOOMBERG NEWSIt has been a rough year for companies that rely on online advertising for their revenue, but many on Wall Street believed that Alphabet Inc.’s stock was a safe haven amid the uncertainty.Even in Big Tech, though, safety is no longer a sure thing. And Alphabet executives are learning that lesson the hard way.Google’s parent company reported year-over-year revenue growth of 6% on Tuesday, its lowest growth rate since fears of this thing called a “pandemic” caused a brief shutdown of ad purchases back in the June quarter of 2020. Before that, you would have to go back to 2013 to find smaller revenue growth for Google.While it is true that Google seems to be holding up better than competitors — Facebook parent Meta,which reports earnings Wednesday, already detailed its first-ever revenue decline last quarter, and Snap posted worrisome earnings last week — the search giant is still not a “safe haven,” as Baird Equity analyst Colin Sebastian dubbed it last July. Sebastian called Tuesday’s results “cloudy” and “mixed” in a brief early note to clients, as Wall Street sent Alphabet’s shares down more than 6% in after-hours trading.“There’s no question we’re operating in an uncertain environment and that businesses big and small continue to be tested in new and different ways depending on where they are in the world,” said Philipp Schindler, chief business officer of Alphabet’s Google business.Several factors were at play, but the biggest was a slowdown in ad spending, even on YouTube. Google’s overall ad revenue missed expectations by more than $2 billion, with most of that miss centered in the core search business, and YouTube revenue actually declined by 2% year over year.Schindler called out financial services as especially weak for advertising — insurance, loan, mortgage and cryptocurrency ads seem to have dried up. Additionally, the stronger dollar hurt, as did a slowdown in the Google Play Store, which was a big gaming hub last year but has seen those revenues decline.Many other Silicon Valley companies have responded to the downturn in spending by slowing down hiring, at the very least, while others have already resorted to layoffs. None of that showed up in Google’s report, though, even as top executives pledged that hiring is slowing in both the fourth quarter and in 2023.“Our Q4 headcount additions will be significantly lower than Q2 and as we planned for 2023, we’ll continue to make important trade-offs … and are focused on moderating operating-expense growth,” Alphabet Chief Executive Sundar Pichai said at the beginning of the call.It shouldn’t be hard for executives to slow down the pace of their hiring. Chief Financial Officer Ruth Porat said the company had hired 12,765 people in the third quarter for a total of 186,779 employees, a 24.5% increase in head count from last year. While that includes roughly 2,600 workers who came on board in the acquisition of Mandiant, Wall Street analysts clearly were annoyed at the level of spending — when one analyst asked if Alphabet had conducted any sort of quantifiable analysis to ensure that it is generating a return on investment “from all your hiring,” Pichai did not answer the question.“It’s been clear that we’re going to moderate our base of hiring going into Q4, versus 2023,” he said. “I think we are seeing a lot of opportunities across a whole set of areas and … talent is the most precious resource, so we are constantly working to make sure everyone we’ve brought in is working on the most important things as a company.”Porat said that head-count additions in the fourth quarter will slow to less than half of the new hires in the September quarter, but that still suggests roughly 6,000 to 6,500 new hires. That is roughly the same size as Snap’s entire workforce before that company laid off one in five workers earlier this year, and roughly double the number of workers employed by Pinterest Inc.Google has always ignored the whims of Wall Street and done whatever executives wanted to do, which can work if you’re growing fast and showing strong results. But Alphabet stock is no longer a safe haven, YouTube is shrinking and advertisers are slashing budgets — it is time for Google executives to find a new approach.And if any investors were betting on strong results from Alphabet or other online-ad companies and hoping for strong near-term results, it may be time to switch up your game as well.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917416009,"gmtCreate":1665561161001,"gmtModify":1676537627613,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917416009","repostId":"2274509950","repostType":4,"repost":{"id":"2274509950","pubTimestamp":1665527328,"share":"https://www.laohu8.com/m/news/2274509950?lang=&edition=full","pubTime":"2022-10-12 06:28","market":"us","language":"en","title":"Tesla Q3: Watch Out For $175 Entry Opportunity","url":"https://stock-news.laohu8.com/highlight/detail?id=2274509950","media":"Seeking Alpha","summary":"SummaryBased on the price movements caused by its 2022 Q3 delivery and AI day, I foresee Tesla stock a $175-$250 trading window in the near future (till the Q4 delivery).This article will detail my an","content":"<html><head></head><body><h2>Summary</h2><ul><li>Based on the price movements caused by its 2022 Q3 delivery and AI day, I foresee Tesla stock a $175-$250 trading window in the near future (till the Q4 delivery).</li><li>This article will detail my analysis of these trigger points so investors can better prepare for its incoming Q3 earnings report.</li><li>I see more downside than upside in the near term.</li><li>Although a $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f30162e5d01c89f44270126190415d5e\" tg-width=\"1080\" tg-height=\"810\" referrerpolicy=\"no-referrer\"/><span>peerapong muangjan/iStock via Getty Images</span></p><h2>Thesis</h2><p>Tesla (NASDAQ:TSLA) experienced its largest one-day selloff recently after the company reported Q3 deliveries that missed consensus expectations. Given the magnitude of such price movements, my view is that the market has already fully bakedits incoming Q3 earnings report (scheduled on Oct. 19, 2022) into the current prices. And as such, I foresee the stock to be range bound between $175 and $250 in the near future. I do not see major catalysts to break this range till its Q4 delivery report.</p><p>This article will detail my analysis of these trigger points so investors can better prepare. Overall, I see more downside (about 22%) than upside (about 12%) in the near term. Although a $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding.</p><p>For swing traders, fundamental valuation metrics may be misleading for extremely volatile stocks like TSLA. It is a well-known fact, for such stocks, bottom valuation can occur at the bottom of their near-term cycle and vice versa. Hence, swing traders might find the first chart below more helpful. The stock is currently 46.6% off its recent high. And in the past since 2017, the stock has suffered corrections as large as this current only 3 times: in 2019, 2020, and most recently in 2022. As you can see, in each case, the stock staged a rapid rebound shortly afterward. And the $175 price, if reached due to jitter caused by its Q3 earnings report, would represent a 57% decline off its recent peak, closest to the largest retraction of 60% only during the COVID fire sale.</p><p>The remainder of this article is more oriented toward long-term holders. A price of $175 would translate into an FW EV/EBITDA of 26.4x, and next, you will see why such an entry valuation creates favorable returns potential in the long term.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5603adba6f02bb330db601263275278\" tg-width=\"640\" tg-height=\"373\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha data</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9369ffd7a8e33867fdda6d2103c79cb0\" tg-width=\"640\" tg-height=\"278\" referrerpolicy=\"no-referrer\"/><span>Author based on Yahoo data</span></p><h2>Long-term growth potential intact</h2><p>I view the Q3 delivery miss only as a short-term speed bump. To wit, Tesla produced 365,923 vehicles in Q3 and delivered 343,830. These numbers still represent remarkable growth (in the range of 40-50% YOY growth and the range of 30-40% QoQ). However, these numbers missed consensus estimates for deliveries by about 4%.</p><p>First, TSLA still enjoys capital allocation flexibility and is still investing aggressively toward growth. The following chart provides a summary of TSLA maintenance and growth capital spending in the recent past since Jan 2020. Its total depreciation and amortization (&#34;TDA&#34;) are $3.4B. Its CAPEX expenditures are at $7.15B, exceeding its total TDA by $3.75B. In relative terms, its CAPEX expenditures are more than 2x of its TDA.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7d6622bf64ea483a455c02f54048b2d6\" tg-width=\"640\" tg-height=\"402\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha data</span></p><p>And hence, a large part of its CAPEX spending is toward growth CAPEX. If we approximate its maintenance CAPEX by the TDA, then it has been on average $2.57B since 2020 as seen from the top panel above. And its total CAPEX has been on average $4.76B. The difference of $2.19B can then be used to approximate the amount of growth CAPEX it has been reinvesting. In other words, the growth CAPEX is on average about 46% of the total CAPEX spending in recent years. As a result, its owners&#39; earnings (&#34;OE&#34;) are much higher than its accounting EPS because the growth CAPEX should be added back to its owners&#39; earnings, as shown in the chart below.</p><p>The chart below shows TSLA&#39;s true economic earnings compared to its accounting EPS using Greenwald&#39;s method as detailed in my earlier article or his book entitled Value Investing. As seen, TSLA&#39;s OE has systematically exceeded its accounting EPS and also its FCF (free cash flow) since 2018. As of 2021, its OE is about $9 per share compared to an accounting EPS of only ~$2 per share.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f59bb85704ef18293970f72f967ebe74\" tg-width=\"640\" tg-height=\"402\" referrerpolicy=\"no-referrer\"/><span>Author based on Seeking Alpha data</span></p><h2>Non-linear growth drivers down the road</h2><p>Looking further out, there are longer-term growth drivers that are highly nonlinear. Currently, TSLA is still a &#34;car&#34; company that derives the bulk of its income from manufacturing and selling cars (84.7% of its total revenue as seen in the chart below).</p><p>However, its other segments, the non-manufacturing segments, are growing rapidly. As a notable example, its automotive services now represent 7.06% of its total revenue. With its FSD potential, such services can break all the limitations of hardware manufacturing. It could become totally scalable just like a software platform, and as a result, enjoys higher-order nonlinear growth. As detailed in my earlier article, a few key factors to consider:</p><blockquote><ol><li><i>FSD can lead to more miles driven. For example, researchers at the</i> <i>Institute of Transportationat the University of California began to show that automated or semi-automated vehicles like those TSLA makes, when there are enough of them in operation, can lead to increased vehicle miles traveled (&#34;VMT&#34;).</i></li><li><i>The FSD technology becomes more valuable when more people use it. In the 2022 Annual</i> <i>Meeting of Stockholders</i> <i>(Thursday, August 4, 2022), Musk believes that Tesla&#39;s cumulative production of vehicles will reach 100 million. Meanwhile, its autonomous driving technology is maturing and scaling up rapidly. As of Q2-2022, over 100,000 Tesla drivers in North America had access to Full Self-Driving Beta. And the accumulated miles driven by Full Self-Driving had been expanding exponentially and reached 35 million miles so far.</i></li></ol></blockquote><p>The factors create new strategies for TSLA to monetize in areas like service sales (service income will be proportional to VMT), insurance income (which would be also proportional to VMT but in a different paradigm with large-scale FSD deployment), and also autonomous driving functions and software.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/11e8ebcb6136fb0b69bfd3b8abd66973\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\"/><span>BofA data and TSLA presentation</span></p><h2>The near-term headwinds</h2><p>Although in the near term, there is no shortage of headwinds to keep the stock price range bound as mentioned above. And the Q3 delivery miss is a symptom of these ongoing headwinds. These headwinds include limited production and shutdowns at its factory in Shanghai for a large part of 1H 2022 and potential disruptions for the rest of the year also. The company still faces challenges associated with ongoing supply-chain disruptions and labor shortages. At the same, other traditional automakers are investing aggressively in their EV development too and competing fiercely for market share. Also, EV adoption is currently driven primarily by government regulations and subsidies, and these regulations and subsidies could change with short notice.</p><p>These uncertainties are encapsulated in the large variance in the consensus estimates. A total of 31 analysts provided earnings revisions for the last 3 months. And the revisions are close to a perfect split between Up Revisions and Down Revisions. A total of 18 analysts submitted an up revision and 13 a down revision. The revised estimates vary widely too. Even for 2022, the lower end of the consensus EPS is $3.75 and the high end is $6.53, a variance of 74%. And the variance widens further to 112% for 2023.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/333c69cc288ac721e338af33d85b6baf\" tg-width=\"640\" tg-height=\"217\" referrerpolicy=\"no-referrer\"/><span>Author based on Seeking Alpha data</span></p><h2>The $175-250 trading range again</h2><p>At its current price level, its valuation is still elevated despite the recent correction. To wit, it is currently valued at around 10.2x EV/sales ratio and 47.8x EV/EBITDA. On an FW basis, the multiples are a bit lower but it is at around 8.3x EV/sales ratio and 33.6x EV/EBITDA. It is expensive both in relative terms and absolute terms in my mind. As a reference point, the overall market is valued at about 3.5x EV/sales and 16x EV/EBITDA. On an absolute scale, leading institutions like BofA Global Research model its near-term valuation around 13x EV/Sales and 55x EV/EBITDA. I think these multiples are way too optimistic given the near-term headwinds and the historical volatility.</p><p>My target valuations are provided in the second chart below. As seen, I am essentially assuming ½ of the valuation provided by BofA in the near term. The lower bound of my price range corresponds to 6.5x FW EV/sales ratio and 26.4x EV/EBITDA. The estimates were made using financial data provided by SA as summarized in the lower part of the table.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9cbaf099431a293b3dc5d811169c254\" tg-width=\"640\" tg-height=\"405\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha data</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0decb276cfc925bb3c6b0efa8745e5c5\" tg-width=\"640\" tg-height=\"195\" referrerpolicy=\"no-referrer\"/><span>Author based on Seeking Alpha data</span></p><h2>Risks and final thoughts</h2><p>To reiterate, I see Tesla stock price oscillating in a relatively narrow range of $175-$250 trading range till the Q4 delivery report. With the recent large price movements, the market has baked in the Q3 earnings report already. Overall, I see more downside in the near term than upside due to the near-term headwinds. Its Q3 delivery miss is a symptom of these headwinds, including the lingering effects from its Shanghai factor shutdown, ongoing supply-chain disruptions, labor shortages, et al.</p><p>While there might be some interesting opportunities for both swing traders and long-term investors, the $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding. A price of $175 would represent a 57% decline off its recent peak, closest to the largest retraction of 60% only during the COVID firesale. For long-term-oriented investors, a price of $175 would translate into a 26.4x EV/EBITDA, leaving a large margin of safety. It is about ½ of the multiples used by leading institutes such as BofA (55x) and close to its multi-year bottom of 23.6x observed in early 2020. Such a margin of safety shortens the timeframe for its nonlinear growth potential such as production ramp-up and FSD to catch up with its current valuations.</p><p><i>This article is written by Envision Research for reference only. Please note the risks.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Q3: Watch Out For $175 Entry Opportunity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q3: Watch Out For $175 Entry Opportunity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-12 06:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4545981-tesla-tsla-watch-out-for-entry-opportunity><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryBased on the price movements caused by its 2022 Q3 delivery and AI day, I foresee Tesla stock a $175-$250 trading window in the near future (till the Q4 delivery).This article will detail my ...</p>\n\n<a href=\"https://seekingalpha.com/article/4545981-tesla-tsla-watch-out-for-entry-opportunity\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4545981-tesla-tsla-watch-out-for-entry-opportunity","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2274509950","content_text":"SummaryBased on the price movements caused by its 2022 Q3 delivery and AI day, I foresee Tesla stock a $175-$250 trading window in the near future (till the Q4 delivery).This article will detail my analysis of these trigger points so investors can better prepare for its incoming Q3 earnings report.I see more downside than upside in the near term.Although a $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding.peerapong muangjan/iStock via Getty ImagesThesisTesla (NASDAQ:TSLA) experienced its largest one-day selloff recently after the company reported Q3 deliveries that missed consensus expectations. Given the magnitude of such price movements, my view is that the market has already fully bakedits incoming Q3 earnings report (scheduled on Oct. 19, 2022) into the current prices. And as such, I foresee the stock to be range bound between $175 and $250 in the near future. I do not see major catalysts to break this range till its Q4 delivery report.This article will detail my analysis of these trigger points so investors can better prepare. Overall, I see more downside (about 22%) than upside (about 12%) in the near term. Although a $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding.For swing traders, fundamental valuation metrics may be misleading for extremely volatile stocks like TSLA. It is a well-known fact, for such stocks, bottom valuation can occur at the bottom of their near-term cycle and vice versa. Hence, swing traders might find the first chart below more helpful. The stock is currently 46.6% off its recent high. And in the past since 2017, the stock has suffered corrections as large as this current only 3 times: in 2019, 2020, and most recently in 2022. As you can see, in each case, the stock staged a rapid rebound shortly afterward. And the $175 price, if reached due to jitter caused by its Q3 earnings report, would represent a 57% decline off its recent peak, closest to the largest retraction of 60% only during the COVID fire sale.The remainder of this article is more oriented toward long-term holders. A price of $175 would translate into an FW EV/EBITDA of 26.4x, and next, you will see why such an entry valuation creates favorable returns potential in the long term.Seeking Alpha dataAuthor based on Yahoo dataLong-term growth potential intactI view the Q3 delivery miss only as a short-term speed bump. To wit, Tesla produced 365,923 vehicles in Q3 and delivered 343,830. These numbers still represent remarkable growth (in the range of 40-50% YOY growth and the range of 30-40% QoQ). However, these numbers missed consensus estimates for deliveries by about 4%.First, TSLA still enjoys capital allocation flexibility and is still investing aggressively toward growth. The following chart provides a summary of TSLA maintenance and growth capital spending in the recent past since Jan 2020. Its total depreciation and amortization (\"TDA\") are $3.4B. Its CAPEX expenditures are at $7.15B, exceeding its total TDA by $3.75B. In relative terms, its CAPEX expenditures are more than 2x of its TDA.Seeking Alpha dataAnd hence, a large part of its CAPEX spending is toward growth CAPEX. If we approximate its maintenance CAPEX by the TDA, then it has been on average $2.57B since 2020 as seen from the top panel above. And its total CAPEX has been on average $4.76B. The difference of $2.19B can then be used to approximate the amount of growth CAPEX it has been reinvesting. In other words, the growth CAPEX is on average about 46% of the total CAPEX spending in recent years. As a result, its owners' earnings (\"OE\") are much higher than its accounting EPS because the growth CAPEX should be added back to its owners' earnings, as shown in the chart below.The chart below shows TSLA's true economic earnings compared to its accounting EPS using Greenwald's method as detailed in my earlier article or his book entitled Value Investing. As seen, TSLA's OE has systematically exceeded its accounting EPS and also its FCF (free cash flow) since 2018. As of 2021, its OE is about $9 per share compared to an accounting EPS of only ~$2 per share.Author based on Seeking Alpha dataNon-linear growth drivers down the roadLooking further out, there are longer-term growth drivers that are highly nonlinear. Currently, TSLA is still a \"car\" company that derives the bulk of its income from manufacturing and selling cars (84.7% of its total revenue as seen in the chart below).However, its other segments, the non-manufacturing segments, are growing rapidly. As a notable example, its automotive services now represent 7.06% of its total revenue. With its FSD potential, such services can break all the limitations of hardware manufacturing. It could become totally scalable just like a software platform, and as a result, enjoys higher-order nonlinear growth. As detailed in my earlier article, a few key factors to consider:FSD can lead to more miles driven. For example, researchers at the Institute of Transportationat the University of California began to show that automated or semi-automated vehicles like those TSLA makes, when there are enough of them in operation, can lead to increased vehicle miles traveled (\"VMT\").The FSD technology becomes more valuable when more people use it. In the 2022 Annual Meeting of Stockholders (Thursday, August 4, 2022), Musk believes that Tesla's cumulative production of vehicles will reach 100 million. Meanwhile, its autonomous driving technology is maturing and scaling up rapidly. As of Q2-2022, over 100,000 Tesla drivers in North America had access to Full Self-Driving Beta. And the accumulated miles driven by Full Self-Driving had been expanding exponentially and reached 35 million miles so far.The factors create new strategies for TSLA to monetize in areas like service sales (service income will be proportional to VMT), insurance income (which would be also proportional to VMT but in a different paradigm with large-scale FSD deployment), and also autonomous driving functions and software.BofA data and TSLA presentationThe near-term headwindsAlthough in the near term, there is no shortage of headwinds to keep the stock price range bound as mentioned above. And the Q3 delivery miss is a symptom of these ongoing headwinds. These headwinds include limited production and shutdowns at its factory in Shanghai for a large part of 1H 2022 and potential disruptions for the rest of the year also. The company still faces challenges associated with ongoing supply-chain disruptions and labor shortages. At the same, other traditional automakers are investing aggressively in their EV development too and competing fiercely for market share. Also, EV adoption is currently driven primarily by government regulations and subsidies, and these regulations and subsidies could change with short notice.These uncertainties are encapsulated in the large variance in the consensus estimates. A total of 31 analysts provided earnings revisions for the last 3 months. And the revisions are close to a perfect split between Up Revisions and Down Revisions. A total of 18 analysts submitted an up revision and 13 a down revision. The revised estimates vary widely too. Even for 2022, the lower end of the consensus EPS is $3.75 and the high end is $6.53, a variance of 74%. And the variance widens further to 112% for 2023.Author based on Seeking Alpha dataThe $175-250 trading range againAt its current price level, its valuation is still elevated despite the recent correction. To wit, it is currently valued at around 10.2x EV/sales ratio and 47.8x EV/EBITDA. On an FW basis, the multiples are a bit lower but it is at around 8.3x EV/sales ratio and 33.6x EV/EBITDA. It is expensive both in relative terms and absolute terms in my mind. As a reference point, the overall market is valued at about 3.5x EV/sales and 16x EV/EBITDA. On an absolute scale, leading institutions like BofA Global Research model its near-term valuation around 13x EV/Sales and 55x EV/EBITDA. I think these multiples are way too optimistic given the near-term headwinds and the historical volatility.My target valuations are provided in the second chart below. As seen, I am essentially assuming ½ of the valuation provided by BofA in the near term. The lower bound of my price range corresponds to 6.5x FW EV/sales ratio and 26.4x EV/EBITDA. The estimates were made using financial data provided by SA as summarized in the lower part of the table.Seeking Alpha dataAuthor based on Seeking Alpha dataRisks and final thoughtsTo reiterate, I see Tesla stock price oscillating in a relatively narrow range of $175-$250 trading range till the Q4 delivery report. With the recent large price movements, the market has baked in the Q3 earnings report already. Overall, I see more downside in the near term than upside due to the near-term headwinds. Its Q3 delivery miss is a symptom of these headwinds, including the lingering effects from its Shanghai factor shutdown, ongoing supply-chain disruptions, labor shortages, et al.While there might be some interesting opportunities for both swing traders and long-term investors, the $175 price, if reached, would represent an excellent entry point for both swing trading and long-term holding. A price of $175 would represent a 57% decline off its recent peak, closest to the largest retraction of 60% only during the COVID firesale. For long-term-oriented investors, a price of $175 would translate into a 26.4x EV/EBITDA, leaving a large margin of safety. It is about ½ of the multiples used by leading institutes such as BofA (55x) and close to its multi-year bottom of 23.6x observed in early 2020. Such a margin of safety shortens the timeframe for its nonlinear growth potential such as production ramp-up and FSD to catch up with its current valuations.This article is written by Envision Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917418580,"gmtCreate":1665561131541,"gmtModify":1676537627605,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917418580","repostId":"1157980095","repostType":4,"repost":{"id":"1157980095","pubTimestamp":1665554104,"share":"https://www.laohu8.com/m/news/1157980095?lang=&edition=full","pubTime":"2022-10-12 13:55","market":"us","language":"en","title":"AAPL, AMZN, or TSLA: Which MATANA Stock is the Most Attractive Pick?","url":"https://stock-news.laohu8.com/highlight/detail?id=1157980095","media":"TipRanks","summary":"Story HighlightsRay Wang, principal analyst and founder of Constellation Research, coined the acrony","content":"<div>\n<p>Story HighlightsRay Wang, principal analyst and founder of Constellation Research, coined the acronym MATANA, which he feels is a better representation of big tech stocks than FAANG. In this article, ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/aapl-amzn-or-tsla-which-matana-stock-is-the-most-attractive-pick\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AAPL, AMZN, or TSLA: Which MATANA Stock is the Most Attractive Pick?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAAPL, AMZN, or TSLA: Which MATANA Stock is the Most Attractive Pick?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-12 13:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/aapl-amzn-or-tsla-which-matana-stock-is-the-most-attractive-pick><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsRay Wang, principal analyst and founder of Constellation Research, coined the acronym MATANA, which he feels is a better representation of big tech stocks than FAANG. In this article, ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/aapl-amzn-or-tsla-which-matana-stock-is-the-most-attractive-pick\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","AMZN":"亚马逊","AAPL":"苹果"},"source_url":"https://www.tipranks.com/news/article/aapl-amzn-or-tsla-which-matana-stock-is-the-most-attractive-pick","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157980095","content_text":"Story HighlightsRay Wang, principal analyst and founder of Constellation Research, coined the acronym MATANA, which he feels is a better representation of big tech stocks than FAANG. In this article, we will discuss Wall Street’s opinions about three MATANA stocks and pick the most attractive one.Back in September, Ray Wang, principal analyst and founder of Constellation Research, called MATANA, an acronym for Microsoft (MSFT), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), and Alphabet (GOOGL,GOOG) to be the new face of big tech stocks, instead of the popular FAANG group. We will use TipRanks’ Stock Comparison Tool to pit Apple, Amazon, and Tesla against each other to pick the most attractive MATANA stock.In an interview with Yahoo Finance, Wang explained that heformed the MATANA group by dropping Meta Platforms (META) and Netflix (NFLX) from the FAANG group and adding Microsoft, Tesla, and Nvidia. Wang called Netflix and Meta “one trick ponies” and expressed concerns about further growth in Netflix’s subscriptions and Meta’s prospects beyond its advertising revenues.Now let us discuss Wall Street’s opinions on Apple, Amazon, and Tesla.Apple (NASDAQ:AAPL) StockDespite foreign currency fluctuations and supply chain bottlenecks, Apple topped analysts’ expectations for the fiscal third quarter (ended June 30, 2022). Management reassured investors that despite macro challenges and foreign exchange headwinds, year-over-year revenue growth in the fiscal fourth quarter will accelerate compared to the June quarter.However, investors are concerned that an economic downturn might impact consumers’ discretionary spending and hurt the sales of Apple’s products, which generally command a premium price than rivals.Near-term headwinds might remain a drag on AAPL stock. Nonetheless, Apple remains an attractive long-term pick based on its solid financial position, strong brand name, innovation, and booming services business. Apple’s services division, which includes revenue from Applecare, advertising, cloud, and other services, is now advancing further in payment solutions by expanding in growth areas like buy now, pay later.Is Apple a Buy or Sell Now?Yesterday, KeyBanc analyst Brandon Nispel increased his iPhone revenue estimates to reflect higher average selling prices. Nispel also expects Apple’s fiscal fourth quarter to benefit from an extra week of iPhone sales and a shift in product mix to higher-priced models like the Pro and Pro Max. The analyst also expects the tech giant to gain from the higher-priced iPhone 14 Plus replacing the iPhone 13 Mini.On TipRanks, Apple stock scores a Strong Buy consensus rating based on 23 Buys, four Holds, and one Sell. The average AAPL stock price target of $181.77 suggests 30.8% upside potential. Shares have plunged about 22% year-to-date.Amazon (NASDAQ:AMZN) StockAmazon’s e-commerce sales have weakened after witnessing elevated levels earlier in the pandemic. The company still delivered market-beating revenue growth of 7.2% in the second quarter, driven by higher revenue from the Amazon Web Services (AWS) cloud computing division and increased advertising sales. However, higher fuel and transportation costs as well as a loss related to the company’s investment in Rivian (RIVN) weighed on the Q2 bottom line.Amazon is focusing on reducing costs and enhancing the productivity of its fulfillment network to improve its profitability amid an inflationary environment.Is Amazon a Buy, Sell, or Hold?Last week, J.P. Morgan analyst Doug Anmuth reaffirmed his Buy rating for Amazon stock, calling it his firm’s “best idea” based on expectations of “revenue acceleration, margin expansion, and capex moderation (all led by retail) to drive significant FCF inflection in 2023.”Anmuth is confident about Amazon’s ability to outperform despite a challenging operating backdrop. The analyst expects the company to have an “inventory advantage” in the crucial holiday season compared to omnichannel retailers, who might face physical space-related constraints.Anmuth also expects margins of the company’s retail business to come back to mid-single digits driven by lower fuel and freight costs compared to the first six months of the year.Overall, the Street rates Amazon stock a Strong Buy based on a whopping 35 Buys against One Hold. The average AMZN stock price prediction of $171.94 implies 53.2% upside potential. Shares have declined about 32.7% in 2022.Tesla (NASDAQ:TSLA) StockLeading electric vehicle maker Tesla aggressively ramped up its production after it suffered supply chain and production disruptions due to COVID-related restrictions in China. The company produced 365,923 vehicles in the third quarter and delivered 343,830 units. However, Q3 deliveries failed to surpass analysts’ estimates.TSLA stock has plunged 38.5% this year due to macro challenges, supply woes, and the uncertainty and distraction associated with the Musk-Twitter deal. Investors are also concerned about the rising competition in the EV space, both in the domestic market as well as in China, the largest EV market.What is the Target Price for TSLA?On Monday, Morgan Stanley analyst Adam Jonas slashed his price target for Tesla stock to $350 from $383 but maintained a Buy rating. Following the Q3 update, Jonas trimmed his 2022 delivery forecast to 1.31 million units from 1.37 million units. He reduced the 2023 delivery estimate to 1.8 million vehicles from 2 million.Jonas opines that the factors that impacted Tesla’s Q3 production and deliveries could persist into Q4 and 2023.All in all, the Street is cautiously optimistic about Tesla stock, with a Moderate Buy consensus rating that breaks down into 19 Buys, seven Holds, and five Sells. The average Tesla stock target price of $321.69 implies 49% upside potential.ConclusionAmong the three MATANA stocks discussed above, Wall Street is highly bullish on Amazon and Apple compared to Tesla. Despite near-term challenges and an impending recession, analysts are optimistic about the long-term prospects of the tech giants. Currently, analysts see more upside potential in Amazon stock than in Apple and Tesla.Amazon’s leadership position in e-commerce, solid financials and growth prospects in cloud computing make it an attractive pick.","news_type":1},"isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917082018,"gmtCreate":1665388107634,"gmtModify":1676537597539,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917082018","repostId":"2274458895","repostType":4,"repost":{"id":"2274458895","pubTimestamp":1665355533,"share":"https://www.laohu8.com/m/news/2274458895?lang=&edition=full","pubTime":"2022-10-10 06:45","market":"us","language":"en","title":"CPI Sets the Stage for Fed's November Hike, Banks Report for Q3: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2274458895","media":"Yahoo Finance","summary":"An already strained U.S. stock market will be further challenged in the week ahead as the government publishes a key inflation report and megabanks kick off what’slikely to be a murky earnings season.","content":"<html><head></head><body><p>An already strained U.S. stock market will be further challenged in the week ahead as the government publishes a key inflation report and megabanks kick off what’s likely to be a murky earnings season.</p><p>The highly-awaited Consumer Price Index (CPI) takes top billing in coming days, with third-quarter financials from the country’s largest banks – JPMorgan (JPM), Citi (C), and Wells Fargo (WFC) – following suit in the line of importance.</p><p><img src=\"https://static.tigerbbs.com/0f0f37bbff5251cf5a672004561faeef\" tg-width=\"2044\" tg-height=\"1448\" width=\"100%\" height=\"auto\"/></p><p>A fresh CPI reading on Thursday is expected to dictate how much more aggressive the Federal Reserve will get with its interest rate hiking plans, which are already the most combative in decades. The consequential economic release will hold even greater significance after the Labor Department’s September jobs report on Friday suggested officials have further room for increases.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/541f2357db95a28c89672d947882d8dd\" tg-width=\"960\" tg-height=\"589\" referrerpolicy=\"no-referrer\"/><span>JPMorgan President and CEO Jamie Dimon testifies on Capitol Hill in Washington, U.S., September 22, 2022. (REUTERS/Evelyn Hockstein)</span></p><p>The U.S. economy added 263,000 jobs last month, a moderation from the prior print but still a robust hiring figure, as the unemployment rate fell to 3.5%. The weaker-than-expected decline in payroll gains dashed investor hopes that FOMC members might shift away from monetary tightening sooner than anticipated.</p><p>That reality sent stocks spiraling on Friday. The S&amp;P 500 (^GSPC) plunged 2.8%, the Dow Jones Industrial Average (^DJI) shed 630 points, and the Nasdaq Composite (^IXIC) led the way down at a decline of 3.8%. The major averages managed to end higher for the week after three straight down weeks after retaining some gains from a transient rally the first two trading days of October.</p><p><img src=\"https://static.tigerbbs.com/d03327c522e4f944485e66952e5c24a2\" tg-width=\"1016\" tg-height=\"600\" referrerpolicy=\"no-referrer\"/></p><p>“Persistent strength in hiring and a drop in the unemployment rate, in our view, mean the Fed is unlikely to pivot in the direction of a slower pace of rate hikes until it has more clear evidence that employment growth is slowing,” analysts at Bank of America said in a note on Friday, adding that the institution expects a fourth 75-basis-point rate increase in November.</p><p>And this week’s inflation reading could corroborate such a move next month. According to Bloomberg forecasts, the headline consumer price index for September is expected to show a slight moderation on a year-over-year figure to 8.1% from 8.3% in August, but an increase to 0.2% from 0.1% over the month.</p><p>All eyes will be on the “core” component of the report, which strips out the volatile food and energy categories. Economists surveyed by Bloomberg project core CPI rose to 6.5% from 6.3% over the year but moderated to 0.4% monthly from 0.6% in August.</p><p>Marginal fluctuations in the data have not been reassuring enough to Federal Reserve members that they can step away from intervening any time soon. Speaking at an event in New York last week, Federal Reserve Bank of San Francisco President Mary Daly called inflation a “corrosive disease,”and a “toxin that erodes the real purchasing power of people.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a183e6937eab492d9c263c10c4650349\" tg-width=\"960\" tg-height=\"671\" referrerpolicy=\"no-referrer\"/><span>A sign for the Federal Reserve Board of Governors is seen at the entrance to the William McChesney Martin Jr. building ahead of a news conference by Federal Reserve Board Chairman Jerome Powell on interest rate policy, in Washington, U.S., September 21, 2022. REUTERS/Kevin Lamarque</span></p><p>Elsewhere in economic releases, investors will also get a gauge of how quickly prices are rising at the wholesale level with the producer price index, or PPI, which measures the change in the prices paid to U.S. producers of goods and services; a reading on how consumer spending is faring amid persistent inflation and slowing economic conditions with the government’s retail sales report; and a consumer sentiment check from the University of Michigan closely watched survey.</p><p>Meanwhile, bank earnings will set the stage for a third-quarter earnings season expected to be ridden with economic warnings from corporate executives about the state of their businesses, slashed earnings per share estimates across Wall Street, and generally milder results as price and rate pressures weighed on companies in the recent three-month period.</p><p>Results from JPMorgan, Citigroup, Wells Fargo, and Morgan Stanley are all on tap for the coming week and will be followed by Goldman Sachs (GS) and Bank of America (BAC) the following week.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5088c955861b1fd864d4c07b311fec8a\" tg-width=\"960\" tg-height=\"616\" referrerpolicy=\"no-referrer\"/><span>Chief executives of the country&#39;s largest banks are sworn-in at the start of a Senate Banking, Housing, and Urban Affairs hearing on &#34;Annual Oversight of the Nation&#39;s Largest Banks&#34;, on Capitol Hill in Washington, U.S., September 22, 2022. REUTERS/Evelyn Hockstein</span></p><p>Banks typically benefit from central bank policy tightening, with higher interest rates boosting their net interest income (the bank’s earnings on its lending activities and interest it pays to depositors) and net interest margins (calculated by dividing net interest income by the average income earned from interest-producing assets.) However, challenging market conditions that have dealt a blow to dealmaking activity and general macroeconomic uncertainty are poised to offset higher net interest income.</p><p>Analysts at Bank of America project earnings growth to slow across banks and brokers to 2.0% year-over-year in the third quarter from 5.9% in the second and 7.7% in the third, per bottom-up consensus estimates, per a recent note.</p><p>However, that drop pales in comparison to expectations for sectors outside of financials — with the exception of the energy sector — according to BofA. Earnings growth in those areas “is expected to dip well into the negative territory,” the bank warned in a note, with expectations for growth of -4.2% year-over-year in the third quarter, down from -1.3% in the second quarter.</p><p>—</p><p><b>Economic Calendar</b></p><p><b>Monday:</b> <i>No notable reports scheduled for release.</i></p><p><b>Tuesday:</b> <b><i>NFIB Small Business Optimism</i></b>, September (91.8 expected, 91.8 during prior month); <b><i>Monthly Budget Statement</i></b>, September (-$219.6 billion)</p><p><b>Wednesday</b>: <b><i>MBA Mortgage Applications</i></b>, week ended Oct. 7 (-14.2% during prior week); <b><i>PPI excluding food and energy</i></b>, year-over-year, September (7.3% expected, 7.3% during prior month); <b><i>PPI final demand</i></b>, month-over-month, September (0.2% expected, -0.1% during prior month);<b><i>PPI excluding food and energy</i></b>, month-over-month, September (0.3% expected, 0.4% during prior month); <b><i>PPI excluding food, energy, and trade</i></b>, month-over-month, September (0.2% expected, 0.2% during prior month); <b><i>PPI final demand</i></b>, year-over-year, September (8.4% expected, 8.7% during prior month); <b><i>PPI excluding food, energy, and trade</i></b>, year-over-year, September (5.6% during prior month); <b><i>FOMC Meeting Minutes</i></b>, September 21</p><p><b>Thursday:</b> <b><i>Consumer Price Index</i></b>, month-over-month, September (0.2% expected, 0.1% during prior month); <b><i>CPI excluding food and energy</i></b>, month-over-month, September (0.4% expected, 0.6% during prior month); <b><i>Consumer Price Index</i></b>, year-over-year, September (8.1% expected, 8.3% during prior month); <b><i>CPI excluding food and energy</i></b>, year-over-year, September (6.5% expected, 6.3% during prior month); <b><i>CPI Index NSA</i></b>, September (296.417 expected, 296.171 during prior month); <b><i>CPI Core Index SA</i></b>, September (296.950 during prior month); <b><i>Initial jobless claims</i></b>, week ended Oct. 8 (225,000 expected, 219,000 during prior week); <b><i>Continuing claims</i></b>, week ended Oct.1 (1.361 during prior week); <b><i>Real Average Weekly Earnings</i></b>, year-over-year, September (-3.4% during prior month)</p><p><b>Friday:</b><b><i>Retail Sales Advance</i></b>, month-over-month, September (0.2% expected, 0.3% during prior month); <b><i>Retail Sales excluding autos</i></b>, month-over-month, September (-0.1% expected, -0.3% during prior month); <b><i>Retail Sales excluding autos and gas</i></b>, month-over-month, September (0.3% during prior month); <b><i>Retail Sales Control Group</i></b>, September (0.0% during prior month); <b><i>Import Price Index</i></b>, month-over-month, September (-1.1% expected, -1.0% during prior month); <b><i>Import Price Index excluding petroleum</i></b>, month-over-month, September (-0.2% during prior month);<b><i>Import Price Index</i></b>, year-over-year, September (7.8% during prior month); <b><i>Export Price Index</i></b>, month-over-month, September (-1.2% expected, -1.6% during prior month); <b><i>Export Price Index</i></b>, year-over-year, September (10.8% during prior month); <b><i>Bloomberg Oct. United States Economic Survey</i></b>; <b><i>Business Inventories</i></b>, August (0.9% expected, 0.6% during prior reading); <b><i>University of Michigan Consumer Sentiment</i></b>, October preliminary (58.8 expected, 58.6 during prior month)</p><p>—</p><p><b>Earnings Calendar</b></p><p><b>Monday:</b> <i>No notable reports scheduled for release.</i></p><p><b>Tuesday:</b> <b><i>AZZ</i></b>(AZZ), <b><i>Pinnacle Financial Partners</i></b>(PNFP)</p><p><b>Wednesday:</b> <b><i>PepsiCo</i></b>(PEP), <b><i>Duck Creek Technologies</i></b>(DCT)</p><p><b>Thursday:</b> <b><i>BlackRock</i></b>(BLK), <b><i>Delta Air Lines</i></b>(DAL), <b><i>Progressive</i></b>(PGR), <b><i>Walgreens Boots Alliance</i></b>(WBA), <b><i>Commercial Metals</i></b>(CMC), <b><i>Taiwan Semiconductor</i></b>(TSM)</p><p><b>Friday:</b> <b><i>JPMorgan</i></b>(JPM), <b><i>Citigroup</i></b>(C), <b><i>Morgan Stanley</i></b>(MS), <b><i>PNC</i></b>(PNC), <b><i>U.S. Bancorp</i></b>(USB), <b><i>UnitedHealth</i></b>(UNH), <b><i>Wells Fargo</i></b>(WFC)</p><p><img src=\"https://static.tigerbbs.com/ab39c81b03db8f153d4fd3ab9b19d463\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCPI Sets the Stage for Fed's November Hike, Banks Report for Q3: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-10 06:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-week-ahead-september-cpi-bank-earnings-195249849.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>An already strained U.S. stock market will be further challenged in the week ahead as the government publishes a key inflation report and megabanks kick off what’s likely to be a murky earnings season...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-week-ahead-september-cpi-bank-earnings-195249849.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","UNH":"联合健康","BLK":"贝莱德",".SPX":"S&P 500 Index","PEP":"百事可乐","PNC":"PNC金融","WFC":"富国银行","JPM":"摩根大通","TSM":"台积电","MS":"摩根士丹利","WBA":"沃尔格林联合博姿","DAL":"达美航空","C":"花旗",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/stock-market-week-ahead-september-cpi-bank-earnings-195249849.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2274458895","content_text":"An already strained U.S. stock market will be further challenged in the week ahead as the government publishes a key inflation report and megabanks kick off what’s likely to be a murky earnings season.The highly-awaited Consumer Price Index (CPI) takes top billing in coming days, with third-quarter financials from the country’s largest banks – JPMorgan (JPM), Citi (C), and Wells Fargo (WFC) – following suit in the line of importance.A fresh CPI reading on Thursday is expected to dictate how much more aggressive the Federal Reserve will get with its interest rate hiking plans, which are already the most combative in decades. The consequential economic release will hold even greater significance after the Labor Department’s September jobs report on Friday suggested officials have further room for increases.JPMorgan President and CEO Jamie Dimon testifies on Capitol Hill in Washington, U.S., September 22, 2022. (REUTERS/Evelyn Hockstein)The U.S. economy added 263,000 jobs last month, a moderation from the prior print but still a robust hiring figure, as the unemployment rate fell to 3.5%. The weaker-than-expected decline in payroll gains dashed investor hopes that FOMC members might shift away from monetary tightening sooner than anticipated.That reality sent stocks spiraling on Friday. The S&P 500 (^GSPC) plunged 2.8%, the Dow Jones Industrial Average (^DJI) shed 630 points, and the Nasdaq Composite (^IXIC) led the way down at a decline of 3.8%. The major averages managed to end higher for the week after three straight down weeks after retaining some gains from a transient rally the first two trading days of October.“Persistent strength in hiring and a drop in the unemployment rate, in our view, mean the Fed is unlikely to pivot in the direction of a slower pace of rate hikes until it has more clear evidence that employment growth is slowing,” analysts at Bank of America said in a note on Friday, adding that the institution expects a fourth 75-basis-point rate increase in November.And this week’s inflation reading could corroborate such a move next month. According to Bloomberg forecasts, the headline consumer price index for September is expected to show a slight moderation on a year-over-year figure to 8.1% from 8.3% in August, but an increase to 0.2% from 0.1% over the month.All eyes will be on the “core” component of the report, which strips out the volatile food and energy categories. Economists surveyed by Bloomberg project core CPI rose to 6.5% from 6.3% over the year but moderated to 0.4% monthly from 0.6% in August.Marginal fluctuations in the data have not been reassuring enough to Federal Reserve members that they can step away from intervening any time soon. Speaking at an event in New York last week, Federal Reserve Bank of San Francisco President Mary Daly called inflation a “corrosive disease,”and a “toxin that erodes the real purchasing power of people.”A sign for the Federal Reserve Board of Governors is seen at the entrance to the William McChesney Martin Jr. building ahead of a news conference by Federal Reserve Board Chairman Jerome Powell on interest rate policy, in Washington, U.S., September 21, 2022. REUTERS/Kevin LamarqueElsewhere in economic releases, investors will also get a gauge of how quickly prices are rising at the wholesale level with the producer price index, or PPI, which measures the change in the prices paid to U.S. producers of goods and services; a reading on how consumer spending is faring amid persistent inflation and slowing economic conditions with the government’s retail sales report; and a consumer sentiment check from the University of Michigan closely watched survey.Meanwhile, bank earnings will set the stage for a third-quarter earnings season expected to be ridden with economic warnings from corporate executives about the state of their businesses, slashed earnings per share estimates across Wall Street, and generally milder results as price and rate pressures weighed on companies in the recent three-month period.Results from JPMorgan, Citigroup, Wells Fargo, and Morgan Stanley are all on tap for the coming week and will be followed by Goldman Sachs (GS) and Bank of America (BAC) the following week.Chief executives of the country's largest banks are sworn-in at the start of a Senate Banking, Housing, and Urban Affairs hearing on \"Annual Oversight of the Nation's Largest Banks\", on Capitol Hill in Washington, U.S., September 22, 2022. REUTERS/Evelyn HocksteinBanks typically benefit from central bank policy tightening, with higher interest rates boosting their net interest income (the bank’s earnings on its lending activities and interest it pays to depositors) and net interest margins (calculated by dividing net interest income by the average income earned from interest-producing assets.) However, challenging market conditions that have dealt a blow to dealmaking activity and general macroeconomic uncertainty are poised to offset higher net interest income.Analysts at Bank of America project earnings growth to slow across banks and brokers to 2.0% year-over-year in the third quarter from 5.9% in the second and 7.7% in the third, per bottom-up consensus estimates, per a recent note.However, that drop pales in comparison to expectations for sectors outside of financials — with the exception of the energy sector — according to BofA. Earnings growth in those areas “is expected to dip well into the negative territory,” the bank warned in a note, with expectations for growth of -4.2% year-over-year in the third quarter, down from -1.3% in the second quarter.—Economic CalendarMonday: No notable reports scheduled for release.Tuesday: NFIB Small Business Optimism, September (91.8 expected, 91.8 during prior month); Monthly Budget Statement, September (-$219.6 billion)Wednesday: MBA Mortgage Applications, week ended Oct. 7 (-14.2% during prior week); PPI excluding food and energy, year-over-year, September (7.3% expected, 7.3% during prior month); PPI final demand, month-over-month, September (0.2% expected, -0.1% during prior month);PPI excluding food and energy, month-over-month, September (0.3% expected, 0.4% during prior month); PPI excluding food, energy, and trade, month-over-month, September (0.2% expected, 0.2% during prior month); PPI final demand, year-over-year, September (8.4% expected, 8.7% during prior month); PPI excluding food, energy, and trade, year-over-year, September (5.6% during prior month); FOMC Meeting Minutes, September 21Thursday: Consumer Price Index, month-over-month, September (0.2% expected, 0.1% during prior month); CPI excluding food and energy, month-over-month, September (0.4% expected, 0.6% during prior month); Consumer Price Index, year-over-year, September (8.1% expected, 8.3% during prior month); CPI excluding food and energy, year-over-year, September (6.5% expected, 6.3% during prior month); CPI Index NSA, September (296.417 expected, 296.171 during prior month); CPI Core Index SA, September (296.950 during prior month); Initial jobless claims, week ended Oct. 8 (225,000 expected, 219,000 during prior week); Continuing claims, week ended Oct.1 (1.361 during prior week); Real Average Weekly Earnings, year-over-year, September (-3.4% during prior month)Friday:Retail Sales Advance, month-over-month, September (0.2% expected, 0.3% during prior month); Retail Sales excluding autos, month-over-month, September (-0.1% expected, -0.3% during prior month); Retail Sales excluding autos and gas, month-over-month, September (0.3% during prior month); Retail Sales Control Group, September (0.0% during prior month); Import Price Index, month-over-month, September (-1.1% expected, -1.0% during prior month); Import Price Index excluding petroleum, month-over-month, September (-0.2% during prior month);Import Price Index, year-over-year, September (7.8% during prior month); Export Price Index, month-over-month, September (-1.2% expected, -1.6% during prior month); Export Price Index, year-over-year, September (10.8% during prior month); Bloomberg Oct. United States Economic Survey; Business Inventories, August (0.9% expected, 0.6% during prior reading); University of Michigan Consumer Sentiment, October preliminary (58.8 expected, 58.6 during prior month)—Earnings CalendarMonday: No notable reports scheduled for release.Tuesday: AZZ(AZZ), Pinnacle Financial Partners(PNFP)Wednesday: PepsiCo(PEP), Duck Creek Technologies(DCT)Thursday: BlackRock(BLK), Delta Air Lines(DAL), Progressive(PGR), Walgreens Boots Alliance(WBA), Commercial Metals(CMC), Taiwan Semiconductor(TSM)Friday: JPMorgan(JPM), Citigroup(C), Morgan Stanley(MS), PNC(PNC), U.S. Bancorp(USB), UnitedHealth(UNH), Wells Fargo(WFC)","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918144769,"gmtCreate":1664343528652,"gmtModify":1676537437385,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9918144769","repostId":"2270221302","repostType":4,"repost":{"id":"2270221302","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":1664320045,"share":"https://www.laohu8.com/m/news/2270221302?lang=&edition=full","pubTime":"2022-09-28 07:07","market":"us","language":"en","title":"US STOCKS-S&P 500 Ends near Two-Year Low as Bear Market Deepens","url":"https://stock-news.laohu8.com/highlight/detail?id=2270221302","media":"Reuters","summary":"S&P 500 closes at lowest since November 2020Utility, consumer discretionary sectors weigh heavilyInv","content":"<html><head></head><body><ul><li>S&amp;P 500 closes at lowest since November 2020</li><li>Utility, consumer discretionary sectors weigh heavily</li><li>Investors worry about shrinking corporate profit growth</li><li>Indexes: Dow -0.43%, S&amp;P 500 -0.21%, Nasdaq +0.25%</li></ul><p>Sept 27 (Reuters) - Wall Street sank deeper into a bear market on Tuesday, with the S&amp;P 500 recording its lowest close in almost two-years as Federal Reserve policymakers showed an appetite for more interest rate hikes, even at the risk of throwing the economy into a downturn.</p><p>The benchmark S&amp;P 500 is down about 24% from its record high close on Jan. 3. Last week, the Fed signaled that high rates could last through 2023, and the index erased the last of its gains from a summer rally and recorded its lowest close since November 2020.</p><p>The S&amp;P 500 has declined for six straight sessions, its longest losing streak since February 2020.</p><p>Speaking on Tuesday, St. Louis Fed President James Bullard made a case for more rate hikes, while Chicago Fed President Charles Evans said the central bank will need to raise rates by at least another percentage point this year.</p><p>&#34;It&#39;s disappointing, but it&#39;s not a surprise,&#34; said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. &#34;People are concerned about the Federal Reserve, the direction of interest rates, the health of the economy.&#34;</p><p>Analysts at Wells Fargo now see the U.S. central bank taking its target range for the Fed funds rate to between 4.75% and 5.00% by the first quarter of 2023.</p><p>Seven of 11 S&amp;P 500 sector indexes fell, with utilities and consumer staples each down about 1.7% and leading declines.</p><p>The energy sector index rallied 1.2% after Sweden launched a probe into possible sabotage after major leaks in two Russian pipelines that spewed gas into the Baltic Sea.</p><p>Tesla gained 2.5% and Nvidia added 1.5%, with both companies helping keep Nasdaq in positive territory.</p><p>Traders exchanged over $17 billion worth of Tesla shares, more than any other stock.</p><p>The benchmark U.S. 10-year Treasury yield touched its highest level in more than 12 years amid the hawkish comments from Fed officials.</p><p>The Dow Jones Industrial Average fell 0.43% to end at 29,134.99 points, while the S&amp;P 500 lost 0.21% to 3,647.29.</p><p>The Nasdaq Composite climbed 0.25% to 10,829.50.</p><p>Concerns about corporate profits taking a hit from soaring prices and a weaker economy have also roiled Wall Street in the past two weeks.</p><p>Analysts have cut their S&amp;P 500 earnings expectations for the third and fourth quarters, as well as for the full year. For the third quarter, analysts now see S&amp;P 500 earnings per share rising 4.6% year-over-year, compared with 11.1% growth expected at the start of July.</p><p>Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.3 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.25-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted no new 52-week highs and 146 new lows; the Nasdaq Composite recorded 28 new highs and 502 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500 Ends near Two-Year Low as Bear Market Deepens</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-S&P 500 Ends near Two-Year Low as Bear Market Deepens\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\">2022-09-28 07:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>S&amp;P 500 closes at lowest since November 2020</li><li>Utility, consumer discretionary sectors weigh heavily</li><li>Investors worry about shrinking corporate profit growth</li><li>Indexes: Dow -0.43%, S&amp;P 500 -0.21%, Nasdaq +0.25%</li></ul><p>Sept 27 (Reuters) - Wall Street sank deeper into a bear market on Tuesday, with the S&amp;P 500 recording its lowest close in almost two-years as Federal Reserve policymakers showed an appetite for more interest rate hikes, even at the risk of throwing the economy into a downturn.</p><p>The benchmark S&amp;P 500 is down about 24% from its record high close on Jan. 3. Last week, the Fed signaled that high rates could last through 2023, and the index erased the last of its gains from a summer rally and recorded its lowest close since November 2020.</p><p>The S&amp;P 500 has declined for six straight sessions, its longest losing streak since February 2020.</p><p>Speaking on Tuesday, St. Louis Fed President James Bullard made a case for more rate hikes, while Chicago Fed President Charles Evans said the central bank will need to raise rates by at least another percentage point this year.</p><p>&#34;It&#39;s disappointing, but it&#39;s not a surprise,&#34; said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. &#34;People are concerned about the Federal Reserve, the direction of interest rates, the health of the economy.&#34;</p><p>Analysts at Wells Fargo now see the U.S. central bank taking its target range for the Fed funds rate to between 4.75% and 5.00% by the first quarter of 2023.</p><p>Seven of 11 S&amp;P 500 sector indexes fell, with utilities and consumer staples each down about 1.7% and leading declines.</p><p>The energy sector index rallied 1.2% after Sweden launched a probe into possible sabotage after major leaks in two Russian pipelines that spewed gas into the Baltic Sea.</p><p>Tesla gained 2.5% and Nvidia added 1.5%, with both companies helping keep Nasdaq in positive territory.</p><p>Traders exchanged over $17 billion worth of Tesla shares, more than any other stock.</p><p>The benchmark U.S. 10-year Treasury yield touched its highest level in more than 12 years amid the hawkish comments from Fed officials.</p><p>The Dow Jones Industrial Average fell 0.43% to end at 29,134.99 points, while the S&amp;P 500 lost 0.21% to 3,647.29.</p><p>The Nasdaq Composite climbed 0.25% to 10,829.50.</p><p>Concerns about corporate profits taking a hit from soaring prices and a weaker economy have also roiled Wall Street in the past two weeks.</p><p>Analysts have cut their S&amp;P 500 earnings expectations for the third and fourth quarters, as well as for the full year. For the third quarter, analysts now see S&amp;P 500 earnings per share rising 4.6% year-over-year, compared with 11.1% growth expected at the start of July.</p><p>Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.3 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.25-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted no new 52-week highs and 146 new lows; the Nasdaq Composite recorded 28 new highs and 502 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2270221302","content_text":"S&P 500 closes at lowest since November 2020Utility, consumer discretionary sectors weigh heavilyInvestors worry about shrinking corporate profit growthIndexes: Dow -0.43%, S&P 500 -0.21%, Nasdaq +0.25%Sept 27 (Reuters) - Wall Street sank deeper into a bear market on Tuesday, with the S&P 500 recording its lowest close in almost two-years as Federal Reserve policymakers showed an appetite for more interest rate hikes, even at the risk of throwing the economy into a downturn.The benchmark S&P 500 is down about 24% from its record high close on Jan. 3. Last week, the Fed signaled that high rates could last through 2023, and the index erased the last of its gains from a summer rally and recorded its lowest close since November 2020.The S&P 500 has declined for six straight sessions, its longest losing streak since February 2020.Speaking on Tuesday, St. Louis Fed President James Bullard made a case for more rate hikes, while Chicago Fed President Charles Evans said the central bank will need to raise rates by at least another percentage point this year.\"It's disappointing, but it's not a surprise,\" said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. \"People are concerned about the Federal Reserve, the direction of interest rates, the health of the economy.\"Analysts at Wells Fargo now see the U.S. central bank taking its target range for the Fed funds rate to between 4.75% and 5.00% by the first quarter of 2023.Seven of 11 S&P 500 sector indexes fell, with utilities and consumer staples each down about 1.7% and leading declines.The energy sector index rallied 1.2% after Sweden launched a probe into possible sabotage after major leaks in two Russian pipelines that spewed gas into the Baltic Sea.Tesla gained 2.5% and Nvidia added 1.5%, with both companies helping keep Nasdaq in positive territory.Traders exchanged over $17 billion worth of Tesla shares, more than any other stock.The benchmark U.S. 10-year Treasury yield touched its highest level in more than 12 years amid the hawkish comments from Fed officials.The Dow Jones Industrial Average fell 0.43% to end at 29,134.99 points, while the S&P 500 lost 0.21% to 3,647.29.The Nasdaq Composite climbed 0.25% to 10,829.50.Concerns about corporate profits taking a hit from soaring prices and a weaker economy have also roiled Wall Street in the past two weeks.Analysts have cut their S&P 500 earnings expectations for the third and fourth quarters, as well as for the full year. For the third quarter, analysts now see S&P 500 earnings per share rising 4.6% year-over-year, compared with 11.1% growth expected at the start of July.Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.3 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.25-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored advancers.The S&P 500 posted no new 52-week highs and 146 new lows; the Nasdaq Composite recorded 28 new highs and 502 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919238361,"gmtCreate":1663806319753,"gmtModify":1676537339359,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9919238361","repostId":"1161572204","repostType":4,"repost":{"id":"1161572204","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":1663800201,"share":"https://www.laohu8.com/m/news/1161572204?lang=&edition=full","pubTime":"2022-09-22 06:43","market":"us","language":"en","title":"Fed Delivers Another Big Rate Hike; Powell Vows to \"Keep at It\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1161572204","media":"Reuters","summary":"Fed lifts target interest rate to 3.00%-3.25% rangeForecasts show another large hike likely by end o","content":"<html><head></head><body><ul><li>Fed lifts target interest rate to 3.00%-3.25% range</li><li>Forecasts show another large hike likely by end of year</li><li>Powell: No &#39;painless&#39; way to bring down inflation</li></ul><p>WASHINGTON, Sept 21 (Reuters) - Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would &#34;keep at&#34; their battle to beat down inflation, as the U.S. central bank hiked interest rates by three-quarters of a percentage point for a third straight time and signaled that borrowing costs would keep rising this year.</p><p>In a sobering new set of projections, the Fed foresees its policy rate rising at a faster pace and to a higher level than expected, the economy slowing to a crawl, and unemployment rising to a degree historically associated with recessions.</p><p>Powell was blunt about the &#34;pain&#34; to come, citing rising joblessness and singling out the housing market, a persistent source of rising consumer inflation, as being likely in need of a &#34;correction.&#34;</p><p>Earlier on Wednesday, the National Association of Realtors reported that U.S. existing home sales dropped for a seventh straight month in August.</p><p>The United States has had a &#34;red hot housing market ... There was a big imbalance,&#34; Powell said in a news conference after Fed policymakers unanimously agreed to raise the central bank&#39;s benchmark overnight interest rate to a range of 3.00%-3.25%. &#34;What we need is supply and demand to get better aligned ... We probably in the housing market have to go through a correction to get back to that place.&#34;</p><p>That theme, of a continuing mismatch between U.S. demand for goods and services and the ability of the country to produce or import them, ran through a briefing in which Powell stuck with the hawkish tone set during his remarks last month at the Jackson Hole central banking conference in Wyoming.</p><p>Recent inflation data has shown little to no improvement despite the Fed&#39;s aggressive tightening - it also announced 75-basis-point rate hikes in June and July - and the labor market remains robust with wages increasing as well.</p><p>The federal funds rate projected for the end of this year signals another 1.25 percentage points in rate hikes to come in the Fed&#39;s two remaining policy meetings in 2022, a level that implies another 75-basis-point increase in the offing.</p><p>&#34;The committee is strongly committed to returning inflation to its 2% objective,&#34; the central bank&#39;s rate-setting Federal Open Market Committee said in its policy statement after the end of a two-day policy meeting.</p><p>The Fed &#34;anticipates that ongoing increases in the target range will be appropriate.&#34;</p><p><b>GROWTH SLOWDOWN</b></p><p>The Fed&#39;s target policy rate is now at its highest level since 2008 - and new projections show it rising to the 4.25%-4.50% range by the end of this year and ending 2023 at 4.50%-4.75%.</p><p>Powell said the indicated path of rates showed the Fed was &#34;strongly resolved&#34; to bring down inflation from the highest levels in four decades and that officials would &#34;keep at it until the job is done&#34; even at the risk of unemployment rising and growth slowing to a stall.</p><p>&#34;We have got to get inflation behind us,&#34; Powell told reporters. &#34;I wish there were a painless way to do that. There isn&#39;t.&#34;</p><p>Inflation by the Fed&#39;s preferred measure has been running at more than three times the central bank&#39;s target. The new projections put it on a slow path back to 2% in 2025, an extended Fed battle to quell the highest bout of inflation since the 1980s, and one that potentially pushes the economy to the borderline of a recession.</p><p>The Fed said that &#34;recent indicators point to modest growth in spending and production,&#34; but the new projections put year-end economic growth for 2022 at 0.2%, rising to 1.2% in 2023, well below the economy&#39;s potential. The unemployment rate, currently at 3.7%, is projected to rise to 3.8% this year and to 4.4% in 2023. That would be above the half-percentage-point rise in unemployment that has been associated with past recessions.</p><p>&#34;The Fed was late to recognize inflation, late to start raising interest rates, and late to start unwinding bond purchases. They&#39;ve been playing catch-up ever since. And they&#39;re not done yet,&#34; said Greg McBride, chief financial analyst at Bankrate.</p><p>U.S. stocks, already mired in a bear market over concerns about the Fed&#39;s monetary policy tightening, ended the day sharply lower, with the S&amp;P 500 index skidding 1.7%.</p><p>In the U.S. Treasury market, which plays a key role in the transmission of Fed policy decisions into the real economy, yields on the 2-year note vaulted over the 4% mark, their highest levels since 2007.</p><p>The dollar hit a fresh two-decade high against a basket of currencies, gaining more than 1%. The U.S. currency&#39;s strength - it has appreciated by more than 16% on a year-to-date basis - has stoked concern at central banks around the world about potential exchange rate and other financial shocks.</p><p>Some are not even trying to match the Fed&#39;s blistering pace of tightening, with the Bank of Japan on Thursday expected to hold fast to its ultra-easy policy and keep its policy rate at minus 0.1%, likely leaving it as the last major monetary policy authority in the world with a negative policy rate.</p><p>Others are making an effort to stay somewhat abreast of the Fed. The Bank of England, for example, is expected to lift its policy rate by at least half a percentage point on Thursday.</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>Fed Delivers Another Big Rate Hike; Powell Vows to \"Keep at It\"</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\">\nFed Delivers Another Big Rate Hike; Powell Vows to \"Keep at It\"\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\">2022-09-22 06:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Fed lifts target interest rate to 3.00%-3.25% range</li><li>Forecasts show another large hike likely by end of year</li><li>Powell: No &#39;painless&#39; way to bring down inflation</li></ul><p>WASHINGTON, Sept 21 (Reuters) - Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would &#34;keep at&#34; their battle to beat down inflation, as the U.S. central bank hiked interest rates by three-quarters of a percentage point for a third straight time and signaled that borrowing costs would keep rising this year.</p><p>In a sobering new set of projections, the Fed foresees its policy rate rising at a faster pace and to a higher level than expected, the economy slowing to a crawl, and unemployment rising to a degree historically associated with recessions.</p><p>Powell was blunt about the &#34;pain&#34; to come, citing rising joblessness and singling out the housing market, a persistent source of rising consumer inflation, as being likely in need of a &#34;correction.&#34;</p><p>Earlier on Wednesday, the National Association of Realtors reported that U.S. existing home sales dropped for a seventh straight month in August.</p><p>The United States has had a &#34;red hot housing market ... There was a big imbalance,&#34; Powell said in a news conference after Fed policymakers unanimously agreed to raise the central bank&#39;s benchmark overnight interest rate to a range of 3.00%-3.25%. &#34;What we need is supply and demand to get better aligned ... We probably in the housing market have to go through a correction to get back to that place.&#34;</p><p>That theme, of a continuing mismatch between U.S. demand for goods and services and the ability of the country to produce or import them, ran through a briefing in which Powell stuck with the hawkish tone set during his remarks last month at the Jackson Hole central banking conference in Wyoming.</p><p>Recent inflation data has shown little to no improvement despite the Fed&#39;s aggressive tightening - it also announced 75-basis-point rate hikes in June and July - and the labor market remains robust with wages increasing as well.</p><p>The federal funds rate projected for the end of this year signals another 1.25 percentage points in rate hikes to come in the Fed&#39;s two remaining policy meetings in 2022, a level that implies another 75-basis-point increase in the offing.</p><p>&#34;The committee is strongly committed to returning inflation to its 2% objective,&#34; the central bank&#39;s rate-setting Federal Open Market Committee said in its policy statement after the end of a two-day policy meeting.</p><p>The Fed &#34;anticipates that ongoing increases in the target range will be appropriate.&#34;</p><p><b>GROWTH SLOWDOWN</b></p><p>The Fed&#39;s target policy rate is now at its highest level since 2008 - and new projections show it rising to the 4.25%-4.50% range by the end of this year and ending 2023 at 4.50%-4.75%.</p><p>Powell said the indicated path of rates showed the Fed was &#34;strongly resolved&#34; to bring down inflation from the highest levels in four decades and that officials would &#34;keep at it until the job is done&#34; even at the risk of unemployment rising and growth slowing to a stall.</p><p>&#34;We have got to get inflation behind us,&#34; Powell told reporters. &#34;I wish there were a painless way to do that. There isn&#39;t.&#34;</p><p>Inflation by the Fed&#39;s preferred measure has been running at more than three times the central bank&#39;s target. The new projections put it on a slow path back to 2% in 2025, an extended Fed battle to quell the highest bout of inflation since the 1980s, and one that potentially pushes the economy to the borderline of a recession.</p><p>The Fed said that &#34;recent indicators point to modest growth in spending and production,&#34; but the new projections put year-end economic growth for 2022 at 0.2%, rising to 1.2% in 2023, well below the economy&#39;s potential. The unemployment rate, currently at 3.7%, is projected to rise to 3.8% this year and to 4.4% in 2023. That would be above the half-percentage-point rise in unemployment that has been associated with past recessions.</p><p>&#34;The Fed was late to recognize inflation, late to start raising interest rates, and late to start unwinding bond purchases. They&#39;ve been playing catch-up ever since. And they&#39;re not done yet,&#34; said Greg McBride, chief financial analyst at Bankrate.</p><p>U.S. stocks, already mired in a bear market over concerns about the Fed&#39;s monetary policy tightening, ended the day sharply lower, with the S&amp;P 500 index skidding 1.7%.</p><p>In the U.S. Treasury market, which plays a key role in the transmission of Fed policy decisions into the real economy, yields on the 2-year note vaulted over the 4% mark, their highest levels since 2007.</p><p>The dollar hit a fresh two-decade high against a basket of currencies, gaining more than 1%. The U.S. currency&#39;s strength - it has appreciated by more than 16% on a year-to-date basis - has stoked concern at central banks around the world about potential exchange rate and other financial shocks.</p><p>Some are not even trying to match the Fed&#39;s blistering pace of tightening, with the Bank of Japan on Thursday expected to hold fast to its ultra-easy policy and keep its policy rate at minus 0.1%, likely leaving it as the last major monetary policy authority in the world with a negative policy rate.</p><p>Others are making an effort to stay somewhat abreast of the Fed. The Bank of England, for example, is expected to lift its policy rate by at least half a percentage point on Thursday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161572204","content_text":"Fed lifts target interest rate to 3.00%-3.25% rangeForecasts show another large hike likely by end of yearPowell: No 'painless' way to bring down inflationWASHINGTON, Sept 21 (Reuters) - Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would \"keep at\" their battle to beat down inflation, as the U.S. central bank hiked interest rates by three-quarters of a percentage point for a third straight time and signaled that borrowing costs would keep rising this year.In a sobering new set of projections, the Fed foresees its policy rate rising at a faster pace and to a higher level than expected, the economy slowing to a crawl, and unemployment rising to a degree historically associated with recessions.Powell was blunt about the \"pain\" to come, citing rising joblessness and singling out the housing market, a persistent source of rising consumer inflation, as being likely in need of a \"correction.\"Earlier on Wednesday, the National Association of Realtors reported that U.S. existing home sales dropped for a seventh straight month in August.The United States has had a \"red hot housing market ... There was a big imbalance,\" Powell said in a news conference after Fed policymakers unanimously agreed to raise the central bank's benchmark overnight interest rate to a range of 3.00%-3.25%. \"What we need is supply and demand to get better aligned ... We probably in the housing market have to go through a correction to get back to that place.\"That theme, of a continuing mismatch between U.S. demand for goods and services and the ability of the country to produce or import them, ran through a briefing in which Powell stuck with the hawkish tone set during his remarks last month at the Jackson Hole central banking conference in Wyoming.Recent inflation data has shown little to no improvement despite the Fed's aggressive tightening - it also announced 75-basis-point rate hikes in June and July - and the labor market remains robust with wages increasing as well.The federal funds rate projected for the end of this year signals another 1.25 percentage points in rate hikes to come in the Fed's two remaining policy meetings in 2022, a level that implies another 75-basis-point increase in the offing.\"The committee is strongly committed to returning inflation to its 2% objective,\" the central bank's rate-setting Federal Open Market Committee said in its policy statement after the end of a two-day policy meeting.The Fed \"anticipates that ongoing increases in the target range will be appropriate.\"GROWTH SLOWDOWNThe Fed's target policy rate is now at its highest level since 2008 - and new projections show it rising to the 4.25%-4.50% range by the end of this year and ending 2023 at 4.50%-4.75%.Powell said the indicated path of rates showed the Fed was \"strongly resolved\" to bring down inflation from the highest levels in four decades and that officials would \"keep at it until the job is done\" even at the risk of unemployment rising and growth slowing to a stall.\"We have got to get inflation behind us,\" Powell told reporters. \"I wish there were a painless way to do that. There isn't.\"Inflation by the Fed's preferred measure has been running at more than three times the central bank's target. The new projections put it on a slow path back to 2% in 2025, an extended Fed battle to quell the highest bout of inflation since the 1980s, and one that potentially pushes the economy to the borderline of a recession.The Fed said that \"recent indicators point to modest growth in spending and production,\" but the new projections put year-end economic growth for 2022 at 0.2%, rising to 1.2% in 2023, well below the economy's potential. The unemployment rate, currently at 3.7%, is projected to rise to 3.8% this year and to 4.4% in 2023. That would be above the half-percentage-point rise in unemployment that has been associated with past recessions.\"The Fed was late to recognize inflation, late to start raising interest rates, and late to start unwinding bond purchases. They've been playing catch-up ever since. And they're not done yet,\" said Greg McBride, chief financial analyst at Bankrate.U.S. stocks, already mired in a bear market over concerns about the Fed's monetary policy tightening, ended the day sharply lower, with the S&P 500 index skidding 1.7%.In the U.S. Treasury market, which plays a key role in the transmission of Fed policy decisions into the real economy, yields on the 2-year note vaulted over the 4% mark, their highest levels since 2007.The dollar hit a fresh two-decade high against a basket of currencies, gaining more than 1%. The U.S. currency's strength - it has appreciated by more than 16% on a year-to-date basis - has stoked concern at central banks around the world about potential exchange rate and other financial shocks.Some are not even trying to match the Fed's blistering pace of tightening, with the Bank of Japan on Thursday expected to hold fast to its ultra-easy policy and keep its policy rate at minus 0.1%, likely leaving it as the last major monetary policy authority in the world with a negative policy rate.Others are making an effort to stay somewhat abreast of the Fed. The Bank of England, for example, is expected to lift its policy rate by at least half a percentage point on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919231282,"gmtCreate":1663806304346,"gmtModify":1676537339337,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9919231282","repostId":"2269969281","repostType":4,"repost":{"id":"2269969281","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":1663800880,"share":"https://www.laohu8.com/m/news/2269969281?lang=&edition=full","pubTime":"2022-09-22 06:54","market":"us","language":"en","title":"US STOCKS-Wall Street Slumps As Investors Absorb Hawkish Fed Rate Message","url":"https://stock-news.laohu8.com/highlight/detail?id=2269969281","media":"Reuters","summary":"* Fed raises rates by 75 bps to 3-3.25% range* Terminal rate seen hitting 4.6% in 2023* Investors ha","content":"<html><head></head><body><p>* Fed raises rates by 75 bps to 3-3.25% range</p><p>* Terminal rate seen hitting 4.6% in 2023</p><p>* Investors had expected 75 bps, but not higher for longer</p><p>* Sharp decline in final half-hour of trading</p><p>* Indexes down: Dow 1.7%, S&amp;P 1.71%, Nasdaq 1.79%</p><p>Sept 21 (Reuters) - Wall Street&#39;s main indexes see-sawed before slumping in the final 30 minutes of trading to end Wednesday lower, as investors digested another supersized Federal Reserve hike and its commitment to keep up increases into 2023 to fight inflation.</p><p>All three benchmarks finished more than 1.7% down, with the Dow posting its lowest close since June 17, with the Nasdaq and S&amp;P 500, respectively, at their lowest point since July 1, and June 30.</p><p>At the end of its two-day meeting, the Fed lifted its policy rate by 75 basis points for the third time to a 3.00-3.25% range. Most market participants had expected such an increase, with only a 21% chance of a 100 bps rate hike seen prior to the announcement.</p><p>However, policymakers also signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023. This is up from projections in June of 3.4% and 3.8% respectively.</p><p>Rate cuts are not foreseen until 2024, the central bank added, dashing any outstanding investor hopes that the Fed foresaw getting inflation under control in the near term. The Fed&#39;s preferred measure of inflation is now seen slowly returning to its 2% target in 2025.</p><p>In his press conference, Fed Chair Jerome Powell said U.S. central bank officials are &#34;strongly resolved&#34; to bring down inflation from the highest levels in four decades and &#34;will keep at it until the job is done,&#34; a process he repeated would not come without pain.</p><p>&#34;Chairman Powell delivered a sobering message. He stated that no one knows if there will be a recession or how severe, and that achieving a soft landing was always difficult,&#34; said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.</p><p>Higher rates and the battle against inflation was also feeding through into the U.S. economy, with the Fed&#39;s projections showing year-end growth of just 0.2% this year, rising to 1.2% in 2023.</p><p>&#34;Markets were already braced for some hawkishness, based on inflation reports and recent governor comments,&#34; said BMO&#39;s Ma.</p><p>&#34;But it&#39;s always interesting to see how the market reacts to the messaging. Hawkishness was to be expected, but while some in the market take comfort from that, others take the position to sell.&#34;</p><p>The Dow Jones Industrial Average fell 522.45 points, or 1.7%, to 30,183.78, the S&amp;P 500 lost 66 points, or 1.71%, to 3,789.93 and the Nasdaq Composite dropped 204.86 points, or 1.79%, to 11,220.19.</p><p>All 11 S&amp;P sectors finished lower, led by declines of more than 2.3% by Consumer Discretionary and Communication Services.</p><p>Volume on U.S. exchanges was 11.03 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted two new 52-week highs and 70 new lows; the Nasdaq Composite recorded 44 new highs and 446 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Slumps As Investors Absorb Hawkish Fed Rate Message</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Slumps As Investors Absorb Hawkish Fed Rate Message\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\">2022-09-22 06:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Fed raises rates by 75 bps to 3-3.25% range</p><p>* Terminal rate seen hitting 4.6% in 2023</p><p>* Investors had expected 75 bps, but not higher for longer</p><p>* Sharp decline in final half-hour of trading</p><p>* Indexes down: Dow 1.7%, S&amp;P 1.71%, Nasdaq 1.79%</p><p>Sept 21 (Reuters) - Wall Street&#39;s main indexes see-sawed before slumping in the final 30 minutes of trading to end Wednesday lower, as investors digested another supersized Federal Reserve hike and its commitment to keep up increases into 2023 to fight inflation.</p><p>All three benchmarks finished more than 1.7% down, with the Dow posting its lowest close since June 17, with the Nasdaq and S&amp;P 500, respectively, at their lowest point since July 1, and June 30.</p><p>At the end of its two-day meeting, the Fed lifted its policy rate by 75 basis points for the third time to a 3.00-3.25% range. Most market participants had expected such an increase, with only a 21% chance of a 100 bps rate hike seen prior to the announcement.</p><p>However, policymakers also signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023. This is up from projections in June of 3.4% and 3.8% respectively.</p><p>Rate cuts are not foreseen until 2024, the central bank added, dashing any outstanding investor hopes that the Fed foresaw getting inflation under control in the near term. The Fed&#39;s preferred measure of inflation is now seen slowly returning to its 2% target in 2025.</p><p>In his press conference, Fed Chair Jerome Powell said U.S. central bank officials are &#34;strongly resolved&#34; to bring down inflation from the highest levels in four decades and &#34;will keep at it until the job is done,&#34; a process he repeated would not come without pain.</p><p>&#34;Chairman Powell delivered a sobering message. He stated that no one knows if there will be a recession or how severe, and that achieving a soft landing was always difficult,&#34; said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.</p><p>Higher rates and the battle against inflation was also feeding through into the U.S. economy, with the Fed&#39;s projections showing year-end growth of just 0.2% this year, rising to 1.2% in 2023.</p><p>&#34;Markets were already braced for some hawkishness, based on inflation reports and recent governor comments,&#34; said BMO&#39;s Ma.</p><p>&#34;But it&#39;s always interesting to see how the market reacts to the messaging. Hawkishness was to be expected, but while some in the market take comfort from that, others take the position to sell.&#34;</p><p>The Dow Jones Industrial Average fell 522.45 points, or 1.7%, to 30,183.78, the S&amp;P 500 lost 66 points, or 1.71%, to 3,789.93 and the Nasdaq Composite dropped 204.86 points, or 1.79%, to 11,220.19.</p><p>All 11 S&amp;P sectors finished lower, led by declines of more than 2.3% by Consumer Discretionary and Communication Services.</p><p>Volume on U.S. exchanges was 11.03 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted two new 52-week highs and 70 new lows; the Nasdaq Composite recorded 44 new highs and 446 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OEX":"标普100","SH":"标普500反向ETF",".SPX":"S&P 500 Index","SSO":"两倍做多标普500ETF","BK4581":"高盛持仓","BK4504":"桥水持仓","SPXU":"三倍做空标普500ETF","IVV":"标普500指数ETF","OEF":"标普100指数ETF-iShares","BK4539":"次新股","SPY":"标普500ETF",".IXIC":"NASDAQ Composite","BK4534":"瑞士信贷持仓","UPRO":"三倍做多标普500ETF","NDX":"纳斯达克100指数",".DJI":"道琼斯","BK4559":"巴菲特持仓","COMP":"Compass, Inc.","SDS":"两倍做空标普500ETF","BK4550":"红杉资本持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269969281","content_text":"* Fed raises rates by 75 bps to 3-3.25% range* Terminal rate seen hitting 4.6% in 2023* Investors had expected 75 bps, but not higher for longer* Sharp decline in final half-hour of trading* Indexes down: Dow 1.7%, S&P 1.71%, Nasdaq 1.79%Sept 21 (Reuters) - Wall Street's main indexes see-sawed before slumping in the final 30 minutes of trading to end Wednesday lower, as investors digested another supersized Federal Reserve hike and its commitment to keep up increases into 2023 to fight inflation.All three benchmarks finished more than 1.7% down, with the Dow posting its lowest close since June 17, with the Nasdaq and S&P 500, respectively, at their lowest point since July 1, and June 30.At the end of its two-day meeting, the Fed lifted its policy rate by 75 basis points for the third time to a 3.00-3.25% range. Most market participants had expected such an increase, with only a 21% chance of a 100 bps rate hike seen prior to the announcement.However, policymakers also signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023. This is up from projections in June of 3.4% and 3.8% respectively.Rate cuts are not foreseen until 2024, the central bank added, dashing any outstanding investor hopes that the Fed foresaw getting inflation under control in the near term. The Fed's preferred measure of inflation is now seen slowly returning to its 2% target in 2025.In his press conference, Fed Chair Jerome Powell said U.S. central bank officials are \"strongly resolved\" to bring down inflation from the highest levels in four decades and \"will keep at it until the job is done,\" a process he repeated would not come without pain.\"Chairman Powell delivered a sobering message. He stated that no one knows if there will be a recession or how severe, and that achieving a soft landing was always difficult,\" said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.Higher rates and the battle against inflation was also feeding through into the U.S. economy, with the Fed's projections showing year-end growth of just 0.2% this year, rising to 1.2% in 2023.\"Markets were already braced for some hawkishness, based on inflation reports and recent governor comments,\" said BMO's Ma.\"But it's always interesting to see how the market reacts to the messaging. Hawkishness was to be expected, but while some in the market take comfort from that, others take the position to sell.\"The Dow Jones Industrial Average fell 522.45 points, or 1.7%, to 30,183.78, the S&P 500 lost 66 points, or 1.71%, to 3,789.93 and the Nasdaq Composite dropped 204.86 points, or 1.79%, to 11,220.19.All 11 S&P sectors finished lower, led by declines of more than 2.3% by Consumer Discretionary and Communication Services.Volume on U.S. exchanges was 11.03 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.The S&P 500 posted two new 52-week highs and 70 new lows; the Nasdaq Composite recorded 44 new highs and 446 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910524568,"gmtCreate":1663647170455,"gmtModify":1676537308353,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910524568","repostId":"1162665393","repostType":4,"repost":{"id":"1162665393","pubTimestamp":1663646346,"share":"https://www.laohu8.com/m/news/1162665393?lang=&edition=full","pubTime":"2022-09-20 11:59","market":"us","language":"en","title":"5 Top Stocks Cathie Wood Is Buying Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1162665393","media":"InvestorPlace","summary":"Cathie Wood believes that inflation will soon be replaced by deflation.Deflation may pose issues for","content":"<html><head></head><body><ul><li>Cathie Wood believes that inflation will soon be replaced by deflation.</li><li>Deflation may pose issues for the economy, such as slowing demand for products and borrowed capital.</li><li>Shares of the <b>ARK Innovation ETF</b>(<b><u>ARKK</u></b>) are down over 50% year-to-date.</li></ul><p>It’s been a difficult year for Cathie Wood stocks and exchange-traded funds, as the<b>ARK Innovation ETF</b> (NYSEARCA:<b><u>ARKK</u></b>) has lost over 50% of its market capitalization. The losses have been driven by supply chain inefficiencies, inflation, and subsequent interest hikes to combat inflation. However, Wood believes that inflation will soon cool down and be replaced with deflation. Falling commodity prices, freight charges and stable gold prices have aided in her belief.</p><p>At first glance, it appears that investors would much rather welcome deflation over inflation. However, if consumers and companies believe that prices will fall, it can lead to less demand for products and services, such as borrowing capital. This can ultimately lead to more pain for the economy and cause companies to reduce production, which can lead to layoffs.</p><p>With that in mind, let’s take a look at the top five stocks that Cathie Wood is buying right now.</p><h2>5 Stocks Cathie Wood Is Buying Right Now</h2><p><b>1. Roblox (RBLX)</b></p><p>Last week, <b>Roblox</b>(NYSE:<b><u>RBLX</u></b>) announced that it would launch next year. The metaverse company boasts a network 52 million users, signaling many use cases for monetization. Roblox has already tested out portal ads with companies like <b>Warner Bros. Discovery</b>(NASDAQ:<b><u>WBD</u></b>) and has plans for further testing by the end of the year. Portal ads bring an interacting user directly to Roblox’s platform. Still, a set ad format has not been decided on and will be influenced by the results of testing. On the other hand, shares of RBLX have declined by over 40% since its initial public offering.</p><p>That hasn’t stopped Wood from dollar-cost averaging into her position. On Sept. 16, ARKK picked up107,199 shares, bringing its total share count to 5.78 million shares.</p><p><b>2. Intellia Therapeutics (NTLA)</b></p><p><b>Intellia Therapeutics</b>(NASDAQ:<b><u>NTLA</u></b>) operates as a genome editing company that utilizes the CRISPR system for curative therapeutics. On Friday, the company released preliminary data for two of its CRISPR treatments. The data showed that patients who received the experimental therapy “experienced a dramatic reduction in blood markers linked to their diseases.” Furthermore, the treatment reduced toxic protein by 93% in the following four weeks. Despite the news, shares of NTLA fell by as much as 16% after the announcement. An Intellia spokesperson stated that the company can not explain every price fluctuation and added that the data was ultimately a good sign for NTLA.</p><p>Wood seems to agree. On Friday, ARKK and the <b>ARK Genomic Revolution ETF</b>(BATS:<b><u>ARKG</u></b>)purchased a combined318,875 shares of Intellia.</p><p><b>3. Verve Therapeutics (VERV)</b></p><p><b>Verve Therapeutics</b>(NASDAQ:<b><u>VERV</u></b>) is a biotechnology company that seeks to protect patients fromcardiovascular disease. Like Intellia, the company places an emphasis on safe gene editing. Studies have shown that some naturally occurring gene variants lower the risk of atherosclerotic cardiovascular disease (ASCVD) and heart attacks. What Verve is trying to do is mimic these gene variants and turn off the genes that cause ASCVD through a single-course therapy. Furthermore, the company seeks to replace the traditional care model for cardiovascular disease and replace it with an in vivo liver-directed gene editing treatment</p><p>Between Sept. 13 and Sept. 16, ARKG bought213,111 shares of VERV. After the purchase, VERV is now the 12th largest holding among 46 total in the ETF.</p><p><b>4. Teladoc (TDOC)</b></p><p><b>Teladoc’s</b>(NYSE:<b><u>TDOC</u></b>) earnings and profitability have been hampered by a $2 billion goodwill impairment charge related to the acquisition of Livongo and its stock-based compensation (SBC) program. Meanwhile, the effects of the coronavirus pandemic are all but gone. The pandemic was a major beneficiary for the telehealth company, as patients opted for virtual health appointments instead of going in person.</p><p>However, the long term prospects of Teladoc still remains intact. Telehealth is estimated to grow at a compound annual growth rate (CAGR) of more than 26% through 2027. In addition, the company provides services for over half of the Fortune 500 companies. Meanwhile, shares trade at a 2.1x price to sales (P/S) multiple, compared to 7x a year ago.</p><p>Wood remains highly convicted on TDOC and purchased44,359 shares on Sept. 16. After the purchase, TDOC is now the fourth-largest holding among all <b>Ark Invest</b> ETFs.</p><p><b>5. DraftKings (DKNG)</b></p><p>Shares of <b>DraftKings</b>(NASDAQ:<b><u>DKNG</u></b>) are down by over 30% year-to-date, although there are several positive catalysts on the horizon. First, the start of the NFL season will undoubtedly raise gambling revenue and has historically been the best time of the year for the company. The American Gaming Association has predicted the 2022 NFL season will see a record number of wagers placed on games.</p><p>DraftKings has also inked a deal with <b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>) to be the sole provider of in-game betting for the e-commerce giant’s “Thursday Night Football” (TNF) stream. The two companies have signed a multi-year deal that will also see Amazon advertise DraftKings in each TNF game. Meanwhile, the 2022 NBA season is set to kick off on Oct. 18.</p><p>On Sept. 12 and 13, two ARK ETFs purchased a combined185,771 shares of DKNG. After the purchase, Ark Invest now owns a total of 21.81 million shares.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Top Stocks Cathie Wood Is Buying Right Now</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\">\n5 Top Stocks Cathie Wood Is Buying Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-20 11:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/5-top-stocks-cathie-wood-is-buying-right-now/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood believes that inflation will soon be replaced by deflation.Deflation may pose issues for the economy, such as slowing demand for products and borrowed capital.Shares of the ARK Innovation ...</p>\n\n<a href=\"https://investorplace.com/2022/09/5-top-stocks-cathie-wood-is-buying-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VERV":"Verve Therapeutics","DKNG":"DraftKings Inc.","NTLA":"Intellia Therapeutics Inc","TDOC":"Teladoc Health Inc.","RBLX":"Roblox Corporation"},"source_url":"https://investorplace.com/2022/09/5-top-stocks-cathie-wood-is-buying-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162665393","content_text":"Cathie Wood believes that inflation will soon be replaced by deflation.Deflation may pose issues for the economy, such as slowing demand for products and borrowed capital.Shares of the ARK Innovation ETF(ARKK) are down over 50% year-to-date.It’s been a difficult year for Cathie Wood stocks and exchange-traded funds, as theARK Innovation ETF (NYSEARCA:ARKK) has lost over 50% of its market capitalization. The losses have been driven by supply chain inefficiencies, inflation, and subsequent interest hikes to combat inflation. However, Wood believes that inflation will soon cool down and be replaced with deflation. Falling commodity prices, freight charges and stable gold prices have aided in her belief.At first glance, it appears that investors would much rather welcome deflation over inflation. However, if consumers and companies believe that prices will fall, it can lead to less demand for products and services, such as borrowing capital. This can ultimately lead to more pain for the economy and cause companies to reduce production, which can lead to layoffs.With that in mind, let’s take a look at the top five stocks that Cathie Wood is buying right now.5 Stocks Cathie Wood Is Buying Right Now1. Roblox (RBLX)Last week, Roblox(NYSE:RBLX) announced that it would launch next year. The metaverse company boasts a network 52 million users, signaling many use cases for monetization. Roblox has already tested out portal ads with companies like Warner Bros. Discovery(NASDAQ:WBD) and has plans for further testing by the end of the year. Portal ads bring an interacting user directly to Roblox’s platform. Still, a set ad format has not been decided on and will be influenced by the results of testing. On the other hand, shares of RBLX have declined by over 40% since its initial public offering.That hasn’t stopped Wood from dollar-cost averaging into her position. On Sept. 16, ARKK picked up107,199 shares, bringing its total share count to 5.78 million shares.2. Intellia Therapeutics (NTLA)Intellia Therapeutics(NASDAQ:NTLA) operates as a genome editing company that utilizes the CRISPR system for curative therapeutics. On Friday, the company released preliminary data for two of its CRISPR treatments. The data showed that patients who received the experimental therapy “experienced a dramatic reduction in blood markers linked to their diseases.” Furthermore, the treatment reduced toxic protein by 93% in the following four weeks. Despite the news, shares of NTLA fell by as much as 16% after the announcement. An Intellia spokesperson stated that the company can not explain every price fluctuation and added that the data was ultimately a good sign for NTLA.Wood seems to agree. On Friday, ARKK and the ARK Genomic Revolution ETF(BATS:ARKG)purchased a combined318,875 shares of Intellia.3. Verve Therapeutics (VERV)Verve Therapeutics(NASDAQ:VERV) is a biotechnology company that seeks to protect patients fromcardiovascular disease. Like Intellia, the company places an emphasis on safe gene editing. Studies have shown that some naturally occurring gene variants lower the risk of atherosclerotic cardiovascular disease (ASCVD) and heart attacks. What Verve is trying to do is mimic these gene variants and turn off the genes that cause ASCVD through a single-course therapy. Furthermore, the company seeks to replace the traditional care model for cardiovascular disease and replace it with an in vivo liver-directed gene editing treatmentBetween Sept. 13 and Sept. 16, ARKG bought213,111 shares of VERV. After the purchase, VERV is now the 12th largest holding among 46 total in the ETF.4. Teladoc (TDOC)Teladoc’s(NYSE:TDOC) earnings and profitability have been hampered by a $2 billion goodwill impairment charge related to the acquisition of Livongo and its stock-based compensation (SBC) program. Meanwhile, the effects of the coronavirus pandemic are all but gone. The pandemic was a major beneficiary for the telehealth company, as patients opted for virtual health appointments instead of going in person.However, the long term prospects of Teladoc still remains intact. Telehealth is estimated to grow at a compound annual growth rate (CAGR) of more than 26% through 2027. In addition, the company provides services for over half of the Fortune 500 companies. Meanwhile, shares trade at a 2.1x price to sales (P/S) multiple, compared to 7x a year ago.Wood remains highly convicted on TDOC and purchased44,359 shares on Sept. 16. After the purchase, TDOC is now the fourth-largest holding among all Ark Invest ETFs.5. DraftKings (DKNG)Shares of DraftKings(NASDAQ:DKNG) are down by over 30% year-to-date, although there are several positive catalysts on the horizon. First, the start of the NFL season will undoubtedly raise gambling revenue and has historically been the best time of the year for the company. The American Gaming Association has predicted the 2022 NFL season will see a record number of wagers placed on games.DraftKings has also inked a deal with Amazon(NASDAQ:AMZN) to be the sole provider of in-game betting for the e-commerce giant’s “Thursday Night Football” (TNF) stream. The two companies have signed a multi-year deal that will also see Amazon advertise DraftKings in each TNF game. Meanwhile, the 2022 NBA season is set to kick off on Oct. 18.On Sept. 12 and 13, two ARK ETFs purchased a combined185,771 shares of DKNG. After the purchase, Ark Invest now owns a total of 21.81 million shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931507534,"gmtCreate":1662475664229,"gmtModify":1676537069000,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931507534","repostId":"1115589105","repostType":4,"repost":{"id":"1115589105","pubTimestamp":1662470751,"share":"https://www.laohu8.com/m/news/1115589105?lang=&edition=full","pubTime":"2022-09-06 21:25","market":"us","language":"en","title":"Bill Ackman: Stock Market Waiting for Rate Hikes to Stop for Buy Signal","url":"https://stock-news.laohu8.com/highlight/detail?id=1115589105","media":"Seeking Alpha","summary":"Billionaire hedge fund manager Bill Ackman said Tuesday that investors are waiting for the Federal R","content":"<html><head></head><body><p>Billionaire hedge fund manager Bill Ackman said Tuesday that investors are waiting for the Federal Reserve to halt its rate hikes before they aggressively move back into the stock market.</p><p>&#34;I think once people realize the Fed doesn&#39;t have to keep increasing rates and will soon be taking rates down, that&#39;s kind of a buy signal for markets,&#34; the founder and CEO of Pershing Square Capital Management told CNBC.</p><p>Ackman argued that investors will likely anticipate this when they see a &#34;powerful continuing trend&#34; of moderating inflation. For his part, the fund manager predicted that the Fed still needs to raise rates and likely hold them at elevated levels for around a year to tamp down inflation.</p><p>&#34;What they&#39;ve said they are going to do they have to do, which is to raise rates to something in the order of 4% or maybe a little bit more ... keep them there for a reasonably extended period of time, maybe a year or so,&#34; he said.</p><p>Looking out a year or so, Ackman predicted that inflation would be at around 3.5%-4.0%, with a downward trend.</p><p>In terms of his investments, Ackman reported that Pershing Square mostly holds the same investments it had at the beginning of the year, not counting a &#34;short-dated&#34; dalliance with Netflix (NASDAQ:NFLX) that the fund has already sold.</p><p>In a regulatory filing made in August, Pershing Square disclosed that it had exited NFLX and reduced its positions in Chipotle Mexican Grill (CMG), Hilton Worldwide (HLT), Domino&#39;s Pizza (DPZ) and Restaurant Brands International (QSR).</p><p>Meanwhile, the company maintained its positions in Howard Hughes (HHC), Lowe&#39;s Companies (LOW) and Canadian Pacific Railway (CP).</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>Bill Ackman: Stock Market Waiting for Rate Hikes to Stop for Buy Signal</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\">\nBill Ackman: Stock Market Waiting for Rate Hikes to Stop for Buy Signal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-06 21:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3880401-bill-ackman-stock-market-waiting-for-rate-hikes-to-stop-for-buy-signal><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Billionaire hedge fund manager Bill Ackman said Tuesday that investors are waiting for the Federal Reserve to halt its rate hikes before they aggressively move back into the stock market.\"I think once...</p>\n\n<a href=\"https://seekingalpha.com/news/3880401-bill-ackman-stock-market-waiting-for-rate-hikes-to-stop-for-buy-signal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3880401-bill-ackman-stock-market-waiting-for-rate-hikes-to-stop-for-buy-signal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115589105","content_text":"Billionaire hedge fund manager Bill Ackman said Tuesday that investors are waiting for the Federal Reserve to halt its rate hikes before they aggressively move back into the stock market.\"I think once people realize the Fed doesn't have to keep increasing rates and will soon be taking rates down, that's kind of a buy signal for markets,\" the founder and CEO of Pershing Square Capital Management told CNBC.Ackman argued that investors will likely anticipate this when they see a \"powerful continuing trend\" of moderating inflation. For his part, the fund manager predicted that the Fed still needs to raise rates and likely hold them at elevated levels for around a year to tamp down inflation.\"What they've said they are going to do they have to do, which is to raise rates to something in the order of 4% or maybe a little bit more ... keep them there for a reasonably extended period of time, maybe a year or so,\" he said.Looking out a year or so, Ackman predicted that inflation would be at around 3.5%-4.0%, with a downward trend.In terms of his investments, Ackman reported that Pershing Square mostly holds the same investments it had at the beginning of the year, not counting a \"short-dated\" dalliance with Netflix (NASDAQ:NFLX) that the fund has already sold.In a regulatory filing made in August, Pershing Square disclosed that it had exited NFLX and reduced its positions in Chipotle Mexican Grill (CMG), Hilton Worldwide (HLT), Domino's Pizza (DPZ) and Restaurant Brands International (QSR).Meanwhile, the company maintained its positions in Howard Hughes (HHC), Lowe's Companies (LOW) and Canadian Pacific Railway (CP).","news_type":1},"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931507646,"gmtCreate":1662475649585,"gmtModify":1676537068991,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9931507646","repostId":"1120803157","repostType":4,"repost":{"id":"1120803157","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":1662471156,"share":"https://www.laohu8.com/m/news/1120803157?lang=&edition=full","pubTime":"2022-09-06 21:32","market":"us","language":"en","title":"U.S. Stocks Rise As Wall Street Looks to Reverse 3-Week Losing Streak","url":"https://stock-news.laohu8.com/highlight/detail?id=1120803157","media":"Tiger Newspress","summary":"Stock rose Tuesday as traders aimed to start the holiday-shortened week on a strong note.The Dow Jon","content":"<html><head></head><body><p>Stock rose Tuesday as traders aimed to start the holiday-shortened week on a strong note.</p><p>The Dow Jones Industrial Average gained 136 points, or 0.44%. The S&amp;P 500 and Nasdaq Composite rose 0.39% and 0.31% respectively. U.S. markets were closed Monday due to the Labor Day holiday.</p><p>CVS Health said Monday it’s buying Signify Health for roughly $8 billion, while Volkswagen shared its plan to float Porsche for an initial public offering.</p><p>On Friday, the major averages closed out their third negative week in a row. The Nasdaq Composite posted its first six-day losing streak since 2019, ending the session 1.3% lower, while the Dow erased a 370-point gain on Friday to close about 1.1% lower. The S&amp;P shed 1.1% to its lowest close since July.</p><p>In the holiday-shortened week, investors are looking ahead to speeches from Federal Reserve presidents and a fresh rate hike decision from the European Central bank due out later this week. August PMI services and ISM services data are slated for Tuesday, giving more important information about the state of the U.S. economy.</p><p>“This is the week where everyone’s back,” said Ed Moya, senior market analyst at Oanda. “Everyone’s back to school, back to trading, a lot of people are back into the office. There’s still a lot of pessimism here that we could continue to see inflation rear its ugly head and that should warrant more aggressive rate hikes by the Fed.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks Rise As Wall Street Looks to Reverse 3-Week Losing Streak</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Rise As Wall Street Looks to Reverse 3-Week Losing Streak\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\">2022-09-06 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stock rose Tuesday as traders aimed to start the holiday-shortened week on a strong note.</p><p>The Dow Jones Industrial Average gained 136 points, or 0.44%. The S&amp;P 500 and Nasdaq Composite rose 0.39% and 0.31% respectively. U.S. markets were closed Monday due to the Labor Day holiday.</p><p>CVS Health said Monday it’s buying Signify Health for roughly $8 billion, while Volkswagen shared its plan to float Porsche for an initial public offering.</p><p>On Friday, the major averages closed out their third negative week in a row. The Nasdaq Composite posted its first six-day losing streak since 2019, ending the session 1.3% lower, while the Dow erased a 370-point gain on Friday to close about 1.1% lower. The S&amp;P shed 1.1% to its lowest close since July.</p><p>In the holiday-shortened week, investors are looking ahead to speeches from Federal Reserve presidents and a fresh rate hike decision from the European Central bank due out later this week. August PMI services and ISM services data are slated for Tuesday, giving more important information about the state of the U.S. economy.</p><p>“This is the week where everyone’s back,” said Ed Moya, senior market analyst at Oanda. “Everyone’s back to school, back to trading, a lot of people are back into the office. There’s still a lot of pessimism here that we could continue to see inflation rear its ugly head and that should warrant more aggressive rate hikes by the Fed.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120803157","content_text":"Stock rose Tuesday as traders aimed to start the holiday-shortened week on a strong note.The Dow Jones Industrial Average gained 136 points, or 0.44%. The S&P 500 and Nasdaq Composite rose 0.39% and 0.31% respectively. U.S. markets were closed Monday due to the Labor Day holiday.CVS Health said Monday it’s buying Signify Health for roughly $8 billion, while Volkswagen shared its plan to float Porsche for an initial public offering.On Friday, the major averages closed out their third negative week in a row. The Nasdaq Composite posted its first six-day losing streak since 2019, ending the session 1.3% lower, while the Dow erased a 370-point gain on Friday to close about 1.1% lower. The S&P shed 1.1% to its lowest close since July.In the holiday-shortened week, investors are looking ahead to speeches from Federal Reserve presidents and a fresh rate hike decision from the European Central bank due out later this week. August PMI services and ISM services data are slated for Tuesday, giving more important information about the state of the U.S. economy.“This is the week where everyone’s back,” said Ed Moya, senior market analyst at Oanda. “Everyone’s back to school, back to trading, a lot of people are back into the office. There’s still a lot of pessimism here that we could continue to see inflation rear its ugly head and that should warrant more aggressive rate hikes by the Fed.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996842477,"gmtCreate":1661150936402,"gmtModify":1676536462736,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996842477","repostId":"2260557300","repostType":4,"repost":{"id":"2260557300","pubTimestamp":1661147480,"share":"https://www.laohu8.com/m/news/2260557300?lang=&edition=full","pubTime":"2022-08-22 13:51","market":"us","language":"en","title":"Better Bear Market Buy: Apple vs. Microsoft","url":"https://stock-news.laohu8.com/highlight/detail?id=2260557300","media":"Motley Fool","summary":"Which of these industry-leading tech giants will deliver better returns?","content":"<html><head></head><body><p><b>Apple</b> and <b>Microsoft</b> are two titans of the technology industry -- and two of the largest companies in the world. While Microsoft generates most of its revenue from its software businesses, Apple&#39;s bread and butter has historically been its mobile hardware products. Which of these big tech leaders is the better buy right now?</p><p>Read on to see why two Motley Fool contributors come down on different sides of the issue.</p><h2>Apple has been innovating for decades</h2><p><b>Parkev Tatevosian: </b>Apple is one of the most iconic businesses in the world. It has achieved that status by repeatedly creating innovative products, including the iPhone, iPod, iPad, Apple Watch, and AirPods. This history of innovation is one of the primary reasons to invest in Apple. It would be a less lucrative stock if its only claim to fame were the iPhone. Multiple products with billions in sales show evidence of a capability to repeatedly deliver products consumers love.</p><p>That skill has helped Apple grow from $156 billion in revenue in 2012 to $366 billion in sales in 2021. Consumers so desire its items that they command premium prices, allowing Apple&#39;s operating income to explode from $55 billion to $109 billion in that same time. An added benefit to shareholders is that Apple has developed a sticky ecosystem.</p><p>Once customers buy an iPhone and customize it to their liking, they are less likely to switch to another brand when upgrading. A switch could mean losing content, playlists, and preferences that some spend hours personalizing.</p><p>The one reason to hesitate before buying Apple stock is that its excellent prospects are no secret to the market. Apple&#39;s stock is trading at a relatively expensive valuation at a price-to-earnings ratio of 28.6 and a price-to-free-cash-flow ratio of 26.5.</p><p><img src=\"https://static.tigerbbs.com/b66087431550521193ca5f84590b8a62\" tg-width=\"720\" tg-height=\"463\" referrerpolicy=\"no-referrer\"/></p><p>AAPL Price to Free Cash Flow data by YCharts.</p><p>Those are near the higher end of its historical averages along those metrics. Still, paying a small premium for an excellent business can deliver exceptional returns for investors in the long run.</p><h2>Microsoft: The software giant is built for the future</h2><p><b>Keith Noonan: </b>Apple&#39;s hardware business, associated software ecosystem, and brand strength are undeniably fantastic, but I think that Microsoft&#39;s greater focus on software makes it a better play for the long term. Growth for cloud-based applications and services is still just getting started, and Microsoft is poised to benefit as companies carry out digital-transformation initiatives and adopt and launch new software.</p><p>Microsoft&#39;s Azure cloud infrastructure service stands as one of the largest and most profitable offerings in the category, and it has a huge runway for profitable growth over the long term. Despite the somewhat challenging macroeconomic backdrop, Microsoft reported that it added record numbers of new contracts in the greater-than-$100-million and greater-than-$1-billion categories last quarter.</p><p>Cloud infrastructure is a secular growth market, and Azure&#39;s strengths have Microsoft poised to benefit from its long-term expansion. Spending on digital transformation initiatives and migration to the cloud will still continue even if economic conditions are unfavorable in the near term, and I think this dynamic gives Microsoft an edge over Apple at today&#39;s prices.</p><p>Apple has been able to generate fantastic margins on mobile hardware, and its user base spends far more on app purchases compared to users of <b>Alphabet</b>&#39;s Android operating system. However, the company&#39;s heavy reliance on hardware sales could make growth harder to deliver going forward -- particularly if attempts to branch into new product categories don&#39;t prove successful.</p><h2>Which big tech giant should you buy today?</h2><p>For investors who are confident in the long-term growth of the technology sector, investing in both Microsoft and Apple could be the right play. Otherwise, choosing between the two tech giants should come down to which company&#39;s respective product offerings and growth opportunities you think look stronger.</p><p>If you&#39;re aiming to benefit from the evolution of cloud infrastructure and productivity software services, Microsoft is probably the better fit. However, if you see more promise in Apple&#39;s high-margin hardware and evolving software and services ecosystem, the iPhone company&#39;s stock should be an obvious portfolio addition.</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>Better Bear Market Buy: Apple vs. Microsoft</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBetter Bear Market Buy: Apple vs. Microsoft\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-22 13:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/20/better-bear-market-buy-apple-vs-microsoft/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple and Microsoft are two titans of the technology industry -- and two of the largest companies in the world. While Microsoft generates most of its revenue from its software businesses, Apple's ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/20/better-bear-market-buy-apple-vs-microsoft/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2022/08/20/better-bear-market-buy-apple-vs-microsoft/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260557300","content_text":"Apple and Microsoft are two titans of the technology industry -- and two of the largest companies in the world. While Microsoft generates most of its revenue from its software businesses, Apple's bread and butter has historically been its mobile hardware products. Which of these big tech leaders is the better buy right now?Read on to see why two Motley Fool contributors come down on different sides of the issue.Apple has been innovating for decadesParkev Tatevosian: Apple is one of the most iconic businesses in the world. It has achieved that status by repeatedly creating innovative products, including the iPhone, iPod, iPad, Apple Watch, and AirPods. This history of innovation is one of the primary reasons to invest in Apple. It would be a less lucrative stock if its only claim to fame were the iPhone. Multiple products with billions in sales show evidence of a capability to repeatedly deliver products consumers love.That skill has helped Apple grow from $156 billion in revenue in 2012 to $366 billion in sales in 2021. Consumers so desire its items that they command premium prices, allowing Apple's operating income to explode from $55 billion to $109 billion in that same time. An added benefit to shareholders is that Apple has developed a sticky ecosystem.Once customers buy an iPhone and customize it to their liking, they are less likely to switch to another brand when upgrading. A switch could mean losing content, playlists, and preferences that some spend hours personalizing.The one reason to hesitate before buying Apple stock is that its excellent prospects are no secret to the market. Apple's stock is trading at a relatively expensive valuation at a price-to-earnings ratio of 28.6 and a price-to-free-cash-flow ratio of 26.5.AAPL Price to Free Cash Flow data by YCharts.Those are near the higher end of its historical averages along those metrics. Still, paying a small premium for an excellent business can deliver exceptional returns for investors in the long run.Microsoft: The software giant is built for the futureKeith Noonan: Apple's hardware business, associated software ecosystem, and brand strength are undeniably fantastic, but I think that Microsoft's greater focus on software makes it a better play for the long term. Growth for cloud-based applications and services is still just getting started, and Microsoft is poised to benefit as companies carry out digital-transformation initiatives and adopt and launch new software.Microsoft's Azure cloud infrastructure service stands as one of the largest and most profitable offerings in the category, and it has a huge runway for profitable growth over the long term. Despite the somewhat challenging macroeconomic backdrop, Microsoft reported that it added record numbers of new contracts in the greater-than-$100-million and greater-than-$1-billion categories last quarter.Cloud infrastructure is a secular growth market, and Azure's strengths have Microsoft poised to benefit from its long-term expansion. Spending on digital transformation initiatives and migration to the cloud will still continue even if economic conditions are unfavorable in the near term, and I think this dynamic gives Microsoft an edge over Apple at today's prices.Apple has been able to generate fantastic margins on mobile hardware, and its user base spends far more on app purchases compared to users of Alphabet's Android operating system. However, the company's heavy reliance on hardware sales could make growth harder to deliver going forward -- particularly if attempts to branch into new product categories don't prove successful.Which big tech giant should you buy today?For investors who are confident in the long-term growth of the technology sector, investing in both Microsoft and Apple could be the right play. Otherwise, choosing between the two tech giants should come down to which company's respective product offerings and growth opportunities you think look stronger.If you're aiming to benefit from the evolution of cloud infrastructure and productivity software services, Microsoft is probably the better fit. However, if you see more promise in Apple's high-margin hardware and evolving software and services ecosystem, the iPhone company's stock should be an obvious portfolio addition.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990393750,"gmtCreate":1660281717973,"gmtModify":1676533444003,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Thanks for sharing","listText":"Thanks for sharing","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990393750","repostId":"1105994220","repostType":2,"repost":{"id":"1105994220","pubTimestamp":1660271502,"share":"https://www.laohu8.com/m/news/1105994220?lang=&edition=full","pubTime":"2022-08-12 10:31","market":"us","language":"en","title":"Palantir: The Good, The Bad And The Ugly","url":"https://stock-news.laohu8.com/highlight/detail?id=1105994220","media":"seekingalpha","summary":"SummaryPalantir is a leader in advanced software for organizations and military applications.The com","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Palantir is a leader in advanced software for organizations and military applications.</li><li>The company missed EPS estimates for Q2, which sent the stock spiraling down.</li><li>Commercial Revenue generated strong growth, up 120% year over year.</li><li>Palantir has a fortress balance sheet with $2.4 billion in cash and cash equivalents with no debt.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3945f4b15bd9c432ba37b20f7fa6ef9\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>Andreas Rentz</span></p><p>Originally backed by the CIA, Palantir (NYSE:PLTR) is a global software company that has created a suite of gold standard products for large organizations, governments and military customers. The company is poised to ride the growth in the &#34;BigData&#34; industry which is forecasted to be worth $273 billion by 2026. In addition, the recent Ukraine-Russia conflict has heightened geopolitical tensions and made the company&#39;s software even more appealing.</p><p>In my previous post on Palantir stock, I highlighted the stock as having a &#34;Fair value of $10 per share&#34; and stated at the time when the stock was trading at $7/share it was 32% undervalued. Since that post the stock price popped by ~42%, so congratulations to those who invested. However, the company has recently announced muted financials for the second quarter of 2022 and highlighted slowing revenue growth. Thus in this post I&#39;m going to breakdown the latest financials and revisit my valuation with the lower growth rates taken into account, let&#39;s dive in.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/be20bcd04086540035b52475cede4661\" tg-width=\"1280\" tg-height=\"802\" width=\"100%\" height=\"auto\"/><span>PLTR data by YCharts</span></p><p><b>Gold Standard Software</b></p><p>There is a lot of mystery around what exactly Palantir does and I personally believe many investors do not fully understand the business, as very few people have explained it simply. Therefore here is a quick overview of its main products;</p><p><b>Foundry</b></p><p>This is dubbed &#34;The Operating System for the Modern Enterprise &#39;&#39;. Enterprises (large Organizations) tend to have siloed data across multiple business units and require a system that can bring this data together in a safe, secure and intelligent way. Data is only as powerful as the ability to use it, but when siloed it cannot be used effectively for overall business intelligence. Foundry can also use this data to create &#34;Digital Twins&#34; of manufacturing and logistics setups, which is a great way to plan changes and capture data in real time.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb8eee9f6d33c2b22ac2626af77b9e16\" tg-width=\"640\" tg-height=\"417\" width=\"100%\" height=\"auto\"/><span>Palantir Foundry (Palantir)</span></p><p><b>Gotham</b></p><p>Gotham has been dubbed &#34;The Operating System for Global Decision Making&#34;. This platform enables complex situations with multiple reacting entities to be simulated with real time data feeds to enable faster decisions. A key example, is with the US Army and tracking Battleships around the coast. The Army generals can see the action in real time and setup automated scouting drones to fly to areas for surveillance, should there be any unusual activity in a region.</p><p>Given the Russia-Ukraine War and increased political uncertainty, the need for militaries from around the world to have software like this is becoming even more vital. Their tagline is &#34;Thousands of Users, Millions of Sensors, A Single Pane of Glass&#34;, basically this means a single dashboard to monitor real time operations.</p><p><b>Apollo</b></p><p>The Apollo platform is used for managing production software across major organizations across multiple industries from Airbus to Hyundai and even Rio Tinto, one of the largest mining companies in the world. The sheer range of industries automatically expands the total addressable market for Palantir&#39;s software and thus makes the future growth runway huge.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59da6851f565be219d049cbce43ad71f\" tg-width=\"640\" tg-height=\"351\" width=\"100%\" height=\"auto\"/><span>Palantir Products (Q2 Earnings Report)</span></p><p><b>MetaConstellation</b></p><p>The MetaConstellation product enables the power of Satellite constellations to be harnessed on earth. This even enables Artificial Intelligence models to be leveraged in Orbit, which truly is the next frontier of business intelligence. Space is the next battleground for businesses from Elon Musk&#39;s Starlink to SpaceX and even Bezos Blue Origin. Palantir has recently scored a partnership with Satellogic a leader in Satellite Sub-Meter resolution imaging. &#34;Sub-Meter&#34; effectively means each pixel from a Satellite photograph is less than a meter in width and thus enables the monitoring and tracking of activities on earth. Applications include crop monitoring, disaster relief, military surveillance and even National Security. For all you traders, Satellite imagery has even been used to track oil reserves in containers and thus it can be used to calculate the supply/demand balance and then oil prices. Google also has a Satellite play called &#34;SkyBox&#34;, which it acquired for $500 million a few years back. Google&#39;s platform seems to be focused on improving it&#39;s mapping than for national security applications, like with the Palantir product.</p><p><b>High Retention Rate - Competitive Advantage</b></p><p>Palantir had a net dollar retention rate of 119% as of the second quarter. This means customers are staying with the company and spending more through upsells. In the second quarter conference call, Palantir Founder and CEO Alex Karp spoke in detail about the &#34;stickiness&#34; of Palantir&#39;s products with customers. He states that;</p><blockquote>&#34;In the end, all software products actually have to be measured by is this replaceable, how easy could it be replaced, is the underlying platform durable or fleeting, and could a third party highly technical with massive distribution disrupt these products?</blockquote><blockquote>It would take many, many years of the world&#39;s best engineers to build them -- and you would be building them as we&#39;ve improved them and as we capture the market.&#34; - Palantir CEO Alex Karp</blockquote><p><b>Slowing Second Quarter</b></p><p>Palantir released mixed financial results for the second quarter of 2022. Revenue increased by 26% year over year to $473 million. Now although growth rates were slower than prior quarters such as 30% YoY in Q1, they actually beat analyst estimates by $1.29 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/53639040a30e10857c4d577d3acb4b58\" tg-width=\"640\" tg-height=\"280\" width=\"100%\" height=\"auto\"/><span>US Revenue (Q2 earnings report)</span></p><p>US only revenue popped by 45% year over year to $290 million and commercial revenue also grew a rapid 46% year over year. US commercial revenue was the shining light, as this increased by a blistering 120% year over year. With US Commercial customer count increasing by 250% year over year. This is a big deal as the company had just 34 US commercial customers in Q2 2021 and grew this to 119 customers by Q2 2022.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40e7b1b024186667b53b85e60ca74bde\" tg-width=\"640\" tg-height=\"418\" width=\"100%\" height=\"auto\"/><span>US Commercial Customers (Q2 Report)</span></p><p>Palantir&#39;s Healthcare segment also showed rapid growth of 267% year over year, from $42 million to $153 million in revenue. The company has previous scored partnerships with the National Health Service (NHS) in the UK.</p><p>As a software company, Palantir has an extremely high adjusted gross margin of 81%, which has stayed fairly constant (only dipping by 1% percentage point year over year).</p><p>However, the company did produce a heavy loss of $42 million in Q2,22. Earnings Per Share (EPS) was -$0.01, which missed estimates by $0.04. This may seem terrible, but the company states it was driven primarily by losses in Marketable securities. This is a common trend I have seen across earnings reports for companies, as the rising interest rate environment is squeezing the multiples of growth stocks. The good news is Adjusted free cash flow was $61 million, which represents a 13% margin and the seventh consecutive quarter of positive free cash flow.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5ece7c19769fe1edd7bfd16b12e3cdf\" tg-width=\"640\" tg-height=\"286\" width=\"100%\" height=\"auto\"/><span>Free Cash Flow (Palantir Q2)</span></p><p>The company also has a fortress balance sheet with $2.4 billion in cash and cash equivalents and no debt. In July the company expanded its revolving credit facility by adding $450 million in term loan facility and the option for an additional $950 million if required.</p><p><b>Revised Guidance</b></p><p>Management has revised its guidance down to $1.9 billion for FY22, this would represent just a 23% growth rate year over year. This is a far cry from the 41% growth rate achieved in the year FY21. CEO Alex Karp stated, this lower guidance was due to the &#34;uncertainty toward the end of the year&#34; and goes onto say;</p><blockquote>&#34;As organizations around the world face more pressure and experience more pain, there will be a slowdown in the rate of spending and lengthening of sales cycles, but it will also reveal gaps in enterprises operations, gaps our software can solve. In the short term, this means less revenue now. But on longer time horizons, it accelerates our business&#34; - Palantir CEO Alex Karp</blockquote><p>However, Karp remains &#34;very optimistic that the next three years will look a lot like the last three years&#34;.</p><p><b>Advanced Valuation</b></p><p>In order to value Palantir I have plugged the latest financials into my valuation model, which uses the discounted cash flow method of valuation. I have revised down my prior Revenue estimates of 30% to a 23% growth rate for next year and 28% over the next two to five years. As I believe high inflation won&#39;t last forever and the macroeconomic situation will improve. In addition, I suspect management may be &#34;sandbagging&#34; slightly to lower expectations and then surpass them.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e8d04beb678f88f509d0a855cb26660f\" tg-width=\"640\" tg-height=\"233\" width=\"100%\" height=\"auto\"/><span>Palantir Stock Valuation 1 (created by author Ben at Motivation 2 invest)</span></p><p>I have also forecasted its operating margin to increase to 28% over the next 6 years, as the company benefits from high operating leverage from its software platform. In addition, to the high customer retention and upsells mentioned previously.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/411a99d5ee1786e88e1f18c60a8a4399\" tg-width=\"640\" tg-height=\"673\" width=\"100%\" height=\"auto\"/><span>Palantir Stock Valuation 2 (created by author Ben at Motivation 2 Invest)</span></p><p>Given these factors I get a fair value of $9.43 per share, the stock is trading at ~$9.62 and thus is fairly valued at the time of writing.</p><p>As an extra data point Palantir has seen its Price to Sales Ratio compress substantially from over 30 in 2021, to approximately 10 at the time of writing.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8c31ecac9f324df08a74f01ce45c826\" tg-width=\"1280\" tg-height=\"802\" width=\"100%\" height=\"auto\"/><span>PLTR PS Ratio (Forward) data by YCharts</span></p><p><b>Risks</b></p><p><b>Macroeconomic uncertainty</b></p><p>The high inflation and rising interest rate environment has caused many analysts to forecast a &#34;Recession&#34;. We have already seen multiple companies start to cut costs and although I believe a lot of this is fear driven, it can lengthen the sales cycle for Business to Business product adoption.</p><p><b>Stock Based Compensation</b></p><p>Palantir states a lot of their earnings are &#34;Adjusted&#34;. In fact the word &#34;Adjusted&#34; is used a staggering 35 times in their recent press release. This Adjustment excludes &#34;Stock Based Compensation&#34; which was a staggering $146 million in Q2,22 or a whopping 30% of its $473 million in revenue. Now although this is having improved since the $233 million in Q2, 2021, it is a substantial expense which is overlooked. On a positive note, recruiting high quality talent is extremely challenging these days and thus companies must offer lucrative stock compensation packages to attract the best. As long as the amount of stock based compensation relative to total revenue declines over time, then this can be an effective strategy and thus it&#39;s an indicator to watch.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9d43f9f6458b1a630d0427473b23dca\" tg-width=\"640\" tg-height=\"297\" width=\"100%\" height=\"auto\"/><span>Palantir Stock based Compensation (created by author Ben at Motivation 2 Invest)</span></p><p><b>Final Thoughts</b></p><p>Palantir is a best in class leader in software for enterprises and national security applications. The founder led company is growing its commercial revenue strong and has a large TAM to attack. However, the slowing growth, &#34;fair&#34; valuation and monstrous stock compensation makes this stock speculative in the short term, therefore I have labeled the stock as a &#34;Hold&#34;.</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>Palantir: The Good, The Bad And The Ugly</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\">\nPalantir: The Good, The Bad And The Ugly\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-12 10:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4532988-palantir-good-bad-ugly><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryPalantir is a leader in advanced software for organizations and military applications.The company missed EPS estimates for Q2, which sent the stock spiraling down.Commercial Revenue generated ...</p>\n\n<a href=\"https://seekingalpha.com/article/4532988-palantir-good-bad-ugly\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4532988-palantir-good-bad-ugly","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1105994220","content_text":"SummaryPalantir is a leader in advanced software for organizations and military applications.The company missed EPS estimates for Q2, which sent the stock spiraling down.Commercial Revenue generated strong growth, up 120% year over year.Palantir has a fortress balance sheet with $2.4 billion in cash and cash equivalents with no debt.Andreas RentzOriginally backed by the CIA, Palantir (NYSE:PLTR) is a global software company that has created a suite of gold standard products for large organizations, governments and military customers. The company is poised to ride the growth in the \"BigData\" industry which is forecasted to be worth $273 billion by 2026. In addition, the recent Ukraine-Russia conflict has heightened geopolitical tensions and made the company's software even more appealing.In my previous post on Palantir stock, I highlighted the stock as having a \"Fair value of $10 per share\" and stated at the time when the stock was trading at $7/share it was 32% undervalued. Since that post the stock price popped by ~42%, so congratulations to those who invested. However, the company has recently announced muted financials for the second quarter of 2022 and highlighted slowing revenue growth. Thus in this post I'm going to breakdown the latest financials and revisit my valuation with the lower growth rates taken into account, let's dive in.PLTR data by YChartsGold Standard SoftwareThere is a lot of mystery around what exactly Palantir does and I personally believe many investors do not fully understand the business, as very few people have explained it simply. Therefore here is a quick overview of its main products;FoundryThis is dubbed \"The Operating System for the Modern Enterprise ''. Enterprises (large Organizations) tend to have siloed data across multiple business units and require a system that can bring this data together in a safe, secure and intelligent way. Data is only as powerful as the ability to use it, but when siloed it cannot be used effectively for overall business intelligence. Foundry can also use this data to create \"Digital Twins\" of manufacturing and logistics setups, which is a great way to plan changes and capture data in real time.Palantir Foundry (Palantir)GothamGotham has been dubbed \"The Operating System for Global Decision Making\". This platform enables complex situations with multiple reacting entities to be simulated with real time data feeds to enable faster decisions. A key example, is with the US Army and tracking Battleships around the coast. The Army generals can see the action in real time and setup automated scouting drones to fly to areas for surveillance, should there be any unusual activity in a region.Given the Russia-Ukraine War and increased political uncertainty, the need for militaries from around the world to have software like this is becoming even more vital. Their tagline is \"Thousands of Users, Millions of Sensors, A Single Pane of Glass\", basically this means a single dashboard to monitor real time operations.ApolloThe Apollo platform is used for managing production software across major organizations across multiple industries from Airbus to Hyundai and even Rio Tinto, one of the largest mining companies in the world. The sheer range of industries automatically expands the total addressable market for Palantir's software and thus makes the future growth runway huge.Palantir Products (Q2 Earnings Report)MetaConstellationThe MetaConstellation product enables the power of Satellite constellations to be harnessed on earth. This even enables Artificial Intelligence models to be leveraged in Orbit, which truly is the next frontier of business intelligence. Space is the next battleground for businesses from Elon Musk's Starlink to SpaceX and even Bezos Blue Origin. Palantir has recently scored a partnership with Satellogic a leader in Satellite Sub-Meter resolution imaging. \"Sub-Meter\" effectively means each pixel from a Satellite photograph is less than a meter in width and thus enables the monitoring and tracking of activities on earth. Applications include crop monitoring, disaster relief, military surveillance and even National Security. For all you traders, Satellite imagery has even been used to track oil reserves in containers and thus it can be used to calculate the supply/demand balance and then oil prices. Google also has a Satellite play called \"SkyBox\", which it acquired for $500 million a few years back. Google's platform seems to be focused on improving it's mapping than for national security applications, like with the Palantir product.High Retention Rate - Competitive AdvantagePalantir had a net dollar retention rate of 119% as of the second quarter. This means customers are staying with the company and spending more through upsells. In the second quarter conference call, Palantir Founder and CEO Alex Karp spoke in detail about the \"stickiness\" of Palantir's products with customers. He states that;\"In the end, all software products actually have to be measured by is this replaceable, how easy could it be replaced, is the underlying platform durable or fleeting, and could a third party highly technical with massive distribution disrupt these products?It would take many, many years of the world's best engineers to build them -- and you would be building them as we've improved them and as we capture the market.\" - Palantir CEO Alex KarpSlowing Second QuarterPalantir released mixed financial results for the second quarter of 2022. Revenue increased by 26% year over year to $473 million. Now although growth rates were slower than prior quarters such as 30% YoY in Q1, they actually beat analyst estimates by $1.29 million.US Revenue (Q2 earnings report)US only revenue popped by 45% year over year to $290 million and commercial revenue also grew a rapid 46% year over year. US commercial revenue was the shining light, as this increased by a blistering 120% year over year. With US Commercial customer count increasing by 250% year over year. This is a big deal as the company had just 34 US commercial customers in Q2 2021 and grew this to 119 customers by Q2 2022.US Commercial Customers (Q2 Report)Palantir's Healthcare segment also showed rapid growth of 267% year over year, from $42 million to $153 million in revenue. The company has previous scored partnerships with the National Health Service (NHS) in the UK.As a software company, Palantir has an extremely high adjusted gross margin of 81%, which has stayed fairly constant (only dipping by 1% percentage point year over year).However, the company did produce a heavy loss of $42 million in Q2,22. Earnings Per Share (EPS) was -$0.01, which missed estimates by $0.04. This may seem terrible, but the company states it was driven primarily by losses in Marketable securities. This is a common trend I have seen across earnings reports for companies, as the rising interest rate environment is squeezing the multiples of growth stocks. The good news is Adjusted free cash flow was $61 million, which represents a 13% margin and the seventh consecutive quarter of positive free cash flow.Free Cash Flow (Palantir Q2)The company also has a fortress balance sheet with $2.4 billion in cash and cash equivalents and no debt. In July the company expanded its revolving credit facility by adding $450 million in term loan facility and the option for an additional $950 million if required.Revised GuidanceManagement has revised its guidance down to $1.9 billion for FY22, this would represent just a 23% growth rate year over year. This is a far cry from the 41% growth rate achieved in the year FY21. CEO Alex Karp stated, this lower guidance was due to the \"uncertainty toward the end of the year\" and goes onto say;\"As organizations around the world face more pressure and experience more pain, there will be a slowdown in the rate of spending and lengthening of sales cycles, but it will also reveal gaps in enterprises operations, gaps our software can solve. In the short term, this means less revenue now. But on longer time horizons, it accelerates our business\" - Palantir CEO Alex KarpHowever, Karp remains \"very optimistic that the next three years will look a lot like the last three years\".Advanced ValuationIn order to value Palantir I have plugged the latest financials into my valuation model, which uses the discounted cash flow method of valuation. I have revised down my prior Revenue estimates of 30% to a 23% growth rate for next year and 28% over the next two to five years. As I believe high inflation won't last forever and the macroeconomic situation will improve. In addition, I suspect management may be \"sandbagging\" slightly to lower expectations and then surpass them.Palantir Stock Valuation 1 (created by author Ben at Motivation 2 invest)I have also forecasted its operating margin to increase to 28% over the next 6 years, as the company benefits from high operating leverage from its software platform. In addition, to the high customer retention and upsells mentioned previously.Palantir Stock Valuation 2 (created by author Ben at Motivation 2 Invest)Given these factors I get a fair value of $9.43 per share, the stock is trading at ~$9.62 and thus is fairly valued at the time of writing.As an extra data point Palantir has seen its Price to Sales Ratio compress substantially from over 30 in 2021, to approximately 10 at the time of writing.PLTR PS Ratio (Forward) data by YChartsRisksMacroeconomic uncertaintyThe high inflation and rising interest rate environment has caused many analysts to forecast a \"Recession\". We have already seen multiple companies start to cut costs and although I believe a lot of this is fear driven, it can lengthen the sales cycle for Business to Business product adoption.Stock Based CompensationPalantir states a lot of their earnings are \"Adjusted\". In fact the word \"Adjusted\" is used a staggering 35 times in their recent press release. This Adjustment excludes \"Stock Based Compensation\" which was a staggering $146 million in Q2,22 or a whopping 30% of its $473 million in revenue. Now although this is having improved since the $233 million in Q2, 2021, it is a substantial expense which is overlooked. On a positive note, recruiting high quality talent is extremely challenging these days and thus companies must offer lucrative stock compensation packages to attract the best. As long as the amount of stock based compensation relative to total revenue declines over time, then this can be an effective strategy and thus it's an indicator to watch.Palantir Stock based Compensation (created by author Ben at Motivation 2 Invest)Final ThoughtsPalantir is a best in class leader in software for enterprises and national security applications. The founder led company is growing its commercial revenue strong and has a large TAM to attack. However, the slowing growth, \"fair\" valuation and monstrous stock compensation makes this stock speculative in the short term, therefore I have labeled the stock as a \"Hold\".","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902661805,"gmtCreate":1659688745811,"gmtModify":1704885038782,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902661805","repostId":"1194380840","repostType":4,"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902663774,"gmtCreate":1659688723300,"gmtModify":1704885013860,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902663774","repostId":"1191398251","repostType":4,"repost":{"id":"1191398251","pubTimestamp":1659684788,"share":"https://www.laohu8.com/m/news/1191398251?lang=&edition=full","pubTime":"2022-08-05 15:33","market":"us","language":"en","title":"Cathie Wood Sheds $5M In CRISPR Therapeutics, Scoops Up These Biotech Stocks Instead","url":"https://stock-news.laohu8.com/highlight/detail?id=1191398251","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management on Thursday sold 70,723 shares of gene editing company CRI","content":"<html><head></head><body><p><b>Cathie Wood</b>-led <b>Ark Investment Management</b> on Thursday sold 70,723 shares of gene editing company <b>CRISPR Therapeutics AG</b>, valued at over $5.58 million, via its flagship fund.</p><p>For<b> ARK Innovation ETF</b>, CRISPR is its fifth largest holding with a weight of 4.83%, according to holdings data on the firm&#39;s website as of Thursday.</p><p><b>Analyst Rating:</b> <b>Citigroup</b> has increased the price target on the firm’s shares to $83, while maintaining a &#34;neutral&#34; rating.</p><p><b>Stock Movement:</b> The stock ended Thursday up 0.42% at $78.91.</p><p>The flagship fund currently holds over 6 million shares in CRISPR valued at over $493 million. During the end of July, its CEO <b>Samarth Kulkarni</b> sold 25,000 shares, SEC filings showed.</p><p><b>Other Trades:</b> ARKK bought 28,048 shares of cancer diagnostics firm <b>EXACT Sciences Corporation</b>, valued at over $1.38 million based on the stock&#39;s last close. EXACT Sciences is the sixth largest holding of the fund at a weight of 4.66%. The stock closed 3.72% higher on Thursday.</p><p>The fund also bought 113,483 shares of <b>Pacific Biosciences of California Inc</b> shares, valued at over $650,000 as of Thursday’s close.</p><p>The fund currently holds over 13.8 million shares in the firm valued at over $72 million, with a weight of 0.71%. Pacific Biosciences shares ended 11.52% higher at $5.81 on Thursday.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Sheds $5M In CRISPR Therapeutics, Scoops Up These Biotech Stocks Instead</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\">\nCathie Wood Sheds $5M In CRISPR Therapeutics, Scoops Up These Biotech Stocks Instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-05 15:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/08/28369047/cathie-wood-run-ark-innovation-etf-sells-crispr-therapeutics-loads-up-on-exact-sciences-corporation><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood-led Ark Investment Management on Thursday sold 70,723 shares of gene editing company CRISPR Therapeutics AG, valued at over $5.58 million, via its flagship fund.For ARK Innovation ETF, ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/08/28369047/cathie-wood-run-ark-innovation-etf-sells-crispr-therapeutics-loads-up-on-exact-sciences-corporation\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRSP":"CRISPR Therapeutics AG"},"source_url":"https://www.benzinga.com/news/22/08/28369047/cathie-wood-run-ark-innovation-etf-sells-crispr-therapeutics-loads-up-on-exact-sciences-corporation","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191398251","content_text":"Cathie Wood-led Ark Investment Management on Thursday sold 70,723 shares of gene editing company CRISPR Therapeutics AG, valued at over $5.58 million, via its flagship fund.For ARK Innovation ETF, CRISPR is its fifth largest holding with a weight of 4.83%, according to holdings data on the firm's website as of Thursday.Analyst Rating: Citigroup has increased the price target on the firm’s shares to $83, while maintaining a \"neutral\" rating.Stock Movement: The stock ended Thursday up 0.42% at $78.91.The flagship fund currently holds over 6 million shares in CRISPR valued at over $493 million. During the end of July, its CEO Samarth Kulkarni sold 25,000 shares, SEC filings showed.Other Trades: ARKK bought 28,048 shares of cancer diagnostics firm EXACT Sciences Corporation, valued at over $1.38 million based on the stock's last close. EXACT Sciences is the sixth largest holding of the fund at a weight of 4.66%. The stock closed 3.72% higher on Thursday.The fund also bought 113,483 shares of Pacific Biosciences of California Inc shares, valued at over $650,000 as of Thursday’s close.The fund currently holds over 13.8 million shares in the firm valued at over $72 million, with a weight of 0.71%. Pacific Biosciences shares ended 11.52% higher at $5.81 on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902663102,"gmtCreate":1659688552609,"gmtModify":1704884438008,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902663102","repostId":"1152579522","repostType":4,"repost":{"id":"1152579522","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":1659686466,"share":"https://www.laohu8.com/m/news/1152579522?lang=&edition=full","pubTime":"2022-08-05 16:01","market":"us","language":"en","title":"AMC Stock Falls 9% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1152579522","media":"Tiger Newspress","summary":"AMC Stock Falls % 9in Premarket Trading.AMC Entertainment reports Q2 loss, lags revenue estimates.Re","content":"<html><head></head><body><p>AMC Stock Falls % 9in Premarket Trading.</p><p>AMC Entertainment reports Q2 loss, lags revenue estimates.</p><p><img src=\"https://static.tigerbbs.com/61eb979fe8afea3af72e902dd2f55073\" tg-width=\"856\" tg-height=\"673\" width=\"100%\" height=\"auto\"/></p><p>Revenues jumped 162% from a pandemic-hit Q2 2021, but the $1.16B figure still trailed the pre-pandemic Q2 of 2019, when the company logged $1.5B.</p><p>Net loss improved to $121.6M vs. a net loss of $344M a year ago. Adjusted EBITDA swung to a gain of $106.7M, vs. a prior-year loss of $150.8M.</p><p>The quarter &#34;boosts our mood and brightens our prospects as we look ahead,&#34; says CEO Adam Aron. Attendance globally rose to 59M from 22M a year ago.</p><p>Revenue per patron was also exciting, he said, especially in high-margin food and beverages: F&amp;B spending per patron was $7.52, up from $5.58 in Q2 2019. Internationally, F&amp;B revenue rose 21.5%. And other revenues per patron were up to $2.01 from $1.22 in Q2 2019.</p><p>And while loss per share benefited from improved operations, it was also impacted by marking to market the &#34;volatile&#34; share price of the company&#39;s gold mining investment, in Hycroft Mining.</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>AMC Stock Falls 9% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Stock Falls 9% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-05 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>AMC Stock Falls % 9in Premarket Trading.</p><p>AMC Entertainment reports Q2 loss, lags revenue estimates.</p><p><img src=\"https://static.tigerbbs.com/61eb979fe8afea3af72e902dd2f55073\" tg-width=\"856\" tg-height=\"673\" width=\"100%\" height=\"auto\"/></p><p>Revenues jumped 162% from a pandemic-hit Q2 2021, but the $1.16B figure still trailed the pre-pandemic Q2 of 2019, when the company logged $1.5B.</p><p>Net loss improved to $121.6M vs. a net loss of $344M a year ago. Adjusted EBITDA swung to a gain of $106.7M, vs. a prior-year loss of $150.8M.</p><p>The quarter &#34;boosts our mood and brightens our prospects as we look ahead,&#34; says CEO Adam Aron. Attendance globally rose to 59M from 22M a year ago.</p><p>Revenue per patron was also exciting, he said, especially in high-margin food and beverages: F&amp;B spending per patron was $7.52, up from $5.58 in Q2 2019. Internationally, F&amp;B revenue rose 21.5%. And other revenues per patron were up to $2.01 from $1.22 in Q2 2019.</p><p>And while loss per share benefited from improved operations, it was also impacted by marking to market the &#34;volatile&#34; share price of the company&#39;s gold mining investment, in Hycroft Mining.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152579522","content_text":"AMC Stock Falls % 9in Premarket Trading.AMC Entertainment reports Q2 loss, lags revenue estimates.Revenues jumped 162% from a pandemic-hit Q2 2021, but the $1.16B figure still trailed the pre-pandemic Q2 of 2019, when the company logged $1.5B.Net loss improved to $121.6M vs. a net loss of $344M a year ago. Adjusted EBITDA swung to a gain of $106.7M, vs. a prior-year loss of $150.8M.The quarter \"boosts our mood and brightens our prospects as we look ahead,\" says CEO Adam Aron. Attendance globally rose to 59M from 22M a year ago.Revenue per patron was also exciting, he said, especially in high-margin food and beverages: F&B spending per patron was $7.52, up from $5.58 in Q2 2019. Internationally, F&B revenue rose 21.5%. And other revenues per patron were up to $2.01 from $1.22 in Q2 2019.And while loss per share benefited from improved operations, it was also impacted by marking to market the \"volatile\" share price of the company's gold mining investment, in Hycroft Mining.","news_type":1},"isVote":1,"tweetType":1,"viewCount":444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902669169,"gmtCreate":1659688383254,"gmtModify":1704883954793,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902669169","repostId":"1140883016","repostType":4,"repost":{"id":"1140883016","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":1659687672,"share":"https://www.laohu8.com/m/news/1140883016?lang=&edition=full","pubTime":"2022-08-05 16:21","market":"us","language":"en","title":"Fubo Shares Soar 19% Premarket on Subscriber Forecast, Strategic Review of Sports Wagering Service","url":"https://stock-news.laohu8.com/highlight/detail?id=1140883016","media":"Tiger Newspress","summary":"Fubo Shares Soar 19% Premarket on Subscriber Forecast, Strategic Review of Sports Wagering Service.F","content":"<html><head></head><body><p>Fubo Shares Soar 19% Premarket on Subscriber Forecast, Strategic Review of Sports Wagering Service.<img src=\"https://static.tigerbbs.com/78cd0fa1f2c800b8ee230b9448823bdc\" tg-width=\"803\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/>Fubo (FUBO) said that for its third quarter, it expects to have 1.475M to 1.515M subscribers worldwide, up from the 1.294M subscribers it reported for its recently completed second quarter. Of those anticipated subscriber figures, Fubo (FUBO) estimates that between 1,135M and 1.155M will be in North America, with the remainder in the rest of the world.</p><p>Fubo (FUBO) also said it expects third-quarter revenue to be in a range of $200M to $205M, or potentially 31% more than the $156.7M Fubo (FUBO) in the third quarter of 2021.</p><p>The company also announced a major change to its online sports wagering business plans that include seeking out a partner to build out the betting side of its business.</p><p>In a statement, Fubo (FUBO) said that it believes in the opportunities of an integrated wagering platform that offers offering both live video and a sportsbook, but that it won&#39;t go about making such a feature available by itself.</p><p>&#34;We will no longer pursue this opportunity on our own,&#34; Fubo (FUBO) said. &#34;We are in internal and external discussions to determine the best path forward.&#34;</p><p>Along with its outlook, Fubo (FUBO) reported a second-quarter loss, excluding one-time items, of 45 cents a share, on revenue of $216M. Wall Street analysts had forecast Fubo (FUBO) to lose 57 cents a share on $226.6M in revenue for the quarter that ended in June.</p><p>For its full year, Fubo (FUBO) forecast total revenue in a range of $930M to $955M, and estimates it will end the year with 1.67M and 1.71M subscribers.</p><p>Fubo (FUBO) also disclosed its plans for its sports wagering business less than two months after launching pick &#39;em games for its online sportsbook.</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>Fubo Shares Soar 19% Premarket on Subscriber Forecast, Strategic Review of Sports Wagering Service</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\">\nFubo Shares Soar 19% Premarket on Subscriber Forecast, Strategic Review of Sports Wagering Service\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-05 16:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Fubo Shares Soar 19% Premarket on Subscriber Forecast, Strategic Review of Sports Wagering Service.<img src=\"https://static.tigerbbs.com/78cd0fa1f2c800b8ee230b9448823bdc\" tg-width=\"803\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/>Fubo (FUBO) said that for its third quarter, it expects to have 1.475M to 1.515M subscribers worldwide, up from the 1.294M subscribers it reported for its recently completed second quarter. Of those anticipated subscriber figures, Fubo (FUBO) estimates that between 1,135M and 1.155M will be in North America, with the remainder in the rest of the world.</p><p>Fubo (FUBO) also said it expects third-quarter revenue to be in a range of $200M to $205M, or potentially 31% more than the $156.7M Fubo (FUBO) in the third quarter of 2021.</p><p>The company also announced a major change to its online sports wagering business plans that include seeking out a partner to build out the betting side of its business.</p><p>In a statement, Fubo (FUBO) said that it believes in the opportunities of an integrated wagering platform that offers offering both live video and a sportsbook, but that it won&#39;t go about making such a feature available by itself.</p><p>&#34;We will no longer pursue this opportunity on our own,&#34; Fubo (FUBO) said. &#34;We are in internal and external discussions to determine the best path forward.&#34;</p><p>Along with its outlook, Fubo (FUBO) reported a second-quarter loss, excluding one-time items, of 45 cents a share, on revenue of $216M. Wall Street analysts had forecast Fubo (FUBO) to lose 57 cents a share on $226.6M in revenue for the quarter that ended in June.</p><p>For its full year, Fubo (FUBO) forecast total revenue in a range of $930M to $955M, and estimates it will end the year with 1.67M and 1.71M subscribers.</p><p>Fubo (FUBO) also disclosed its plans for its sports wagering business less than two months after launching pick &#39;em games for its online sportsbook.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FUBO":"fuboTV Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140883016","content_text":"Fubo Shares Soar 19% Premarket on Subscriber Forecast, Strategic Review of Sports Wagering Service.Fubo (FUBO) said that for its third quarter, it expects to have 1.475M to 1.515M subscribers worldwide, up from the 1.294M subscribers it reported for its recently completed second quarter. Of those anticipated subscriber figures, Fubo (FUBO) estimates that between 1,135M and 1.155M will be in North America, with the remainder in the rest of the world.Fubo (FUBO) also said it expects third-quarter revenue to be in a range of $200M to $205M, or potentially 31% more than the $156.7M Fubo (FUBO) in the third quarter of 2021.The company also announced a major change to its online sports wagering business plans that include seeking out a partner to build out the betting side of its business.In a statement, Fubo (FUBO) said that it believes in the opportunities of an integrated wagering platform that offers offering both live video and a sportsbook, but that it won't go about making such a feature available by itself.\"We will no longer pursue this opportunity on our own,\" Fubo (FUBO) said. \"We are in internal and external discussions to determine the best path forward.\"Along with its outlook, Fubo (FUBO) reported a second-quarter loss, excluding one-time items, of 45 cents a share, on revenue of $216M. Wall Street analysts had forecast Fubo (FUBO) to lose 57 cents a share on $226.6M in revenue for the quarter that ended in June.For its full year, Fubo (FUBO) forecast total revenue in a range of $930M to $955M, and estimates it will end the year with 1.67M and 1.71M subscribers.Fubo (FUBO) also disclosed its plans for its sports wagering business less than two months after launching pick 'em games for its online sportsbook.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9909309648,"gmtCreate":1658803946384,"gmtModify":1676536210619,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9909309648","repostId":"2254555851","repostType":4,"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9964943401,"gmtCreate":1670061834504,"gmtModify":1676538297370,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9964943401","repostId":"2288596195","repostType":4,"isVote":1,"tweetType":1,"viewCount":414,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010107830,"gmtCreate":1648271138423,"gmtModify":1676534324605,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010107830","repostId":"2222052834","repostType":4,"repost":{"id":"2222052834","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":1648249343,"share":"https://www.laohu8.com/m/news/2222052834?lang=&edition=full","pubTime":"2022-03-26 07:02","market":"us","language":"en","title":"US STOCKS-S&P 500 Ends Higher with Financials as Treasury Yields Jump","url":"https://stock-news.laohu8.com/highlight/detail?id=2222052834","media":"Reuters","summary":"* Financials rise with 10-yr yield* Tech shares down, weighing on Nasdaq* Utilities sector hits reco","content":"<html><head></head><body><p>* Financials rise with 10-yr yield</p><p>* Tech shares down, weighing on Nasdaq</p><p>* Utilities sector hits record high</p><p>* Indexes: Dow up 0.4%, S&amp;P 500 up 0.5%, Nasdaq down 0.2%</p><p>* For the week, Dow up 0.3%, S&amp;P 500 up 1.8%, Nasdaq up 2%</p><p>NEW YORK, March 25 (Reuters) - The S&amp;P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years.</p><p>The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.</p><p>For the week, the Nasdaq and S&amp;P 500 registered solid gains of 2% and 1.8%, respectively, and the Dow was nominally higher with a 0.3% rise.</p><p>The S&amp;P 500 financials sector gave the S&amp;P 500 its biggest boost on Friday, rising 1.3%, while technology and consumer discretionary sectors were the only two major sectors to end lower on the day.</p><p>Investors are assessing how aggressive the Federal Reserve will be as it tightens policy after Fed Chair Jerome Powell this week said that the central bank needed to move &#34;expeditiously&#34; to combat high inflation and raised the possibility of a 50-basis-point hike in rates in May.</p><p>U.S. Treasury yields jumped on Friday, with the benchmark 10-year note surging to nearly three-year highs, as the market grappled with high inflation and a Federal Reserve that could easily spark a downturn as it aggressively tightens policy.</p><p>Ten-year Treasury yields were last at 2.492% after earlier rising above 2.50% for the first time since May 2019.</p><p>The equity market is pricing in a higher rate environment, said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta.</p><p>That is causing bank stocks to outperform, while &#34;adding more pressure to the riskier elements of the market,&#34; such as growth shares, he said.</p><p>Higher borrowing rates benefit banks, while higher rates are a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.</p><p>The Dow Jones Industrial Average rose 153.3 points, or 0.44%, to 34,861.24, the S&amp;P 500    gained 22.9 points, or 0.51%, to 4,543.06 and the Nasdaq Composite dropped 22.54 points, or 0.16%, to 14,169.30.</p><p>Shares of growth companies like Nvidia Corp eased after leading a Wall Street rebound earlier this week.</p><p>The utilities sector also rose sharply, hitting a record high as investors favored defensive stocks with the Russia-Ukraine war still raging after a month.</p><p>The sector ended up 1.5% on the day and up 3.5% for the week, while the energy sector ended up 2.3% on the day and jumped more than 7% for the week following sharp gains in oil prices.</p><p>Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists.</p><p>Economists at Citibank are expecting four 50 basis points interest rate hikes from the Fed this year, joining other Wall Street banks in forecasting an aggressive tightening path against the backdrop of soaring inflation.</p><p>The U.S. central bank last week raised interest rates for the first time since 2018.</p><p>&#34;The market&#39;s really macro driven,&#34; said Steve DeSanctis, small- and mid-capitalization equity strategist at Jefferies in New York. &#34;Company fundamentals haven&#39;t really mattered.&#34;</p><p>Volume on U.S. exchanges was 11.92 billion shares, compared with the 14.28 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.08-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 57 new 52-week highs and five new lows; the Nasdaq Composite recorded 73 new highs and 79 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500 Ends Higher with Financials as Treasury Yields Jump</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-S&P 500 Ends Higher with Financials as Treasury Yields Jump\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-03-26 07:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Financials rise with 10-yr yield</p><p>* Tech shares down, weighing on Nasdaq</p><p>* Utilities sector hits record high</p><p>* Indexes: Dow up 0.4%, S&amp;P 500 up 0.5%, Nasdaq down 0.2%</p><p>* For the week, Dow up 0.3%, S&amp;P 500 up 1.8%, Nasdaq up 2%</p><p>NEW YORK, March 25 (Reuters) - The S&amp;P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years.</p><p>The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.</p><p>For the week, the Nasdaq and S&amp;P 500 registered solid gains of 2% and 1.8%, respectively, and the Dow was nominally higher with a 0.3% rise.</p><p>The S&amp;P 500 financials sector gave the S&amp;P 500 its biggest boost on Friday, rising 1.3%, while technology and consumer discretionary sectors were the only two major sectors to end lower on the day.</p><p>Investors are assessing how aggressive the Federal Reserve will be as it tightens policy after Fed Chair Jerome Powell this week said that the central bank needed to move &#34;expeditiously&#34; to combat high inflation and raised the possibility of a 50-basis-point hike in rates in May.</p><p>U.S. Treasury yields jumped on Friday, with the benchmark 10-year note surging to nearly three-year highs, as the market grappled with high inflation and a Federal Reserve that could easily spark a downturn as it aggressively tightens policy.</p><p>Ten-year Treasury yields were last at 2.492% after earlier rising above 2.50% for the first time since May 2019.</p><p>The equity market is pricing in a higher rate environment, said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta.</p><p>That is causing bank stocks to outperform, while &#34;adding more pressure to the riskier elements of the market,&#34; such as growth shares, he said.</p><p>Higher borrowing rates benefit banks, while higher rates are a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.</p><p>The Dow Jones Industrial Average rose 153.3 points, or 0.44%, to 34,861.24, the S&amp;P 500    gained 22.9 points, or 0.51%, to 4,543.06 and the Nasdaq Composite dropped 22.54 points, or 0.16%, to 14,169.30.</p><p>Shares of growth companies like Nvidia Corp eased after leading a Wall Street rebound earlier this week.</p><p>The utilities sector also rose sharply, hitting a record high as investors favored defensive stocks with the Russia-Ukraine war still raging after a month.</p><p>The sector ended up 1.5% on the day and up 3.5% for the week, while the energy sector ended up 2.3% on the day and jumped more than 7% for the week following sharp gains in oil prices.</p><p>Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists.</p><p>Economists at Citibank are expecting four 50 basis points interest rate hikes from the Fed this year, joining other Wall Street banks in forecasting an aggressive tightening path against the backdrop of soaring inflation.</p><p>The U.S. central bank last week raised interest rates for the first time since 2018.</p><p>&#34;The market&#39;s really macro driven,&#34; said Steve DeSanctis, small- and mid-capitalization equity strategist at Jefferies in New York. &#34;Company fundamentals haven&#39;t really mattered.&#34;</p><p>Volume on U.S. exchanges was 11.92 billion shares, compared with the 14.28 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.08-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 57 new 52-week highs and five new lows; the Nasdaq Composite recorded 73 new highs and 79 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","SDS":"两倍做空标普500ETF","BK4581":"高盛持仓","BK4504":"桥水持仓","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF","IVV":"标普500指数ETF","OEF":"标普100指数ETF-iShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2222052834","content_text":"* Financials rise with 10-yr yield* Tech shares down, weighing on Nasdaq* Utilities sector hits record high* Indexes: Dow up 0.4%, S&P 500 up 0.5%, Nasdaq down 0.2%* For the week, Dow up 0.3%, S&P 500 up 1.8%, Nasdaq up 2%NEW YORK, March 25 (Reuters) - The S&P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years.The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.For the week, the Nasdaq and S&P 500 registered solid gains of 2% and 1.8%, respectively, and the Dow was nominally higher with a 0.3% rise.The S&P 500 financials sector gave the S&P 500 its biggest boost on Friday, rising 1.3%, while technology and consumer discretionary sectors were the only two major sectors to end lower on the day.Investors are assessing how aggressive the Federal Reserve will be as it tightens policy after Fed Chair Jerome Powell this week said that the central bank needed to move \"expeditiously\" to combat high inflation and raised the possibility of a 50-basis-point hike in rates in May.U.S. Treasury yields jumped on Friday, with the benchmark 10-year note surging to nearly three-year highs, as the market grappled with high inflation and a Federal Reserve that could easily spark a downturn as it aggressively tightens policy.Ten-year Treasury yields were last at 2.492% after earlier rising above 2.50% for the first time since May 2019.The equity market is pricing in a higher rate environment, said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta.That is causing bank stocks to outperform, while \"adding more pressure to the riskier elements of the market,\" such as growth shares, he said.Higher borrowing rates benefit banks, while higher rates are a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.The Dow Jones Industrial Average rose 153.3 points, or 0.44%, to 34,861.24, the S&P 500    gained 22.9 points, or 0.51%, to 4,543.06 and the Nasdaq Composite dropped 22.54 points, or 0.16%, to 14,169.30.Shares of growth companies like Nvidia Corp eased after leading a Wall Street rebound earlier this week.The utilities sector also rose sharply, hitting a record high as investors favored defensive stocks with the Russia-Ukraine war still raging after a month.The sector ended up 1.5% on the day and up 3.5% for the week, while the energy sector ended up 2.3% on the day and jumped more than 7% for the week following sharp gains in oil prices.Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists.Economists at Citibank are expecting four 50 basis points interest rate hikes from the Fed this year, joining other Wall Street banks in forecasting an aggressive tightening path against the backdrop of soaring inflation.The U.S. central bank last week raised interest rates for the first time since 2018.\"The market's really macro driven,\" said Steve DeSanctis, small- and mid-capitalization equity strategist at Jefferies in New York. \"Company fundamentals haven't really mattered.\"Volume on U.S. exchanges was 11.92 billion shares, compared with the 14.28 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 1.08-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.The S&P 500 posted 57 new 52-week highs and five new lows; the Nasdaq Composite recorded 73 new highs and 79 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9003486839,"gmtCreate":1641046674158,"gmtModify":1676533567567,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003486839","repostId":"2200448674","repostType":2,"repost":{"id":"2200448674","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":1641028848,"share":"https://www.laohu8.com/m/news/2200448674?lang=&edition=full","pubTime":"2022-01-01 17:20","market":"us","language":"en","title":"XPeng Says 16,000 Vehicles Were Delivered In Dec, A 181% Increase Y-O-Y","url":"https://stock-news.laohu8.com/highlight/detail?id=2200448674","media":"Reuters","summary":"Jan 1 (Reuters) - XPeng Inc   :* ANNOUNCES VEHICLE DELIVERY RESULTS FOR DECEMBER AND FOURTH QUARTER ","content":"<html><head></head><body><p>Jan 1 (Reuters) - XPeng Inc   :</p><p>* ANNOUNCES VEHICLE DELIVERY RESULTS FOR DECEMBER AND FOURTH QUARTER 2021</p><p>* 16,000 SMART EVS DELIVERED IN DECEMBER</p><p>* 16,000 VEHICLES DELIVERED IN DECEMBER 2021, A 181% INCREASE YEAR-OVER-YEAR</p><p>* 41,751 VEHICLES DELIVERED IN Q4 2021, A 222% INCREASE YEAR-OVER-YEAR</p><p>* 98,155 TOTAL VEHICLES DELIVERED IN 2021, A 263% INCREASE YEAR-OVER-YEAR</p><p>* CUMULATIVE DELIVERIES REACHED 137,953 AS OF END OF DECEMBER 2021</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>XPeng Says 16,000 Vehicles Were Delivered In Dec, A 181% Increase Y-O-Y</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\">\nXPeng Says 16,000 Vehicles Were Delivered In Dec, A 181% Increase Y-O-Y\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-01 17:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Jan 1 (Reuters) - XPeng Inc   :</p><p>* ANNOUNCES VEHICLE DELIVERY RESULTS FOR DECEMBER AND FOURTH QUARTER 2021</p><p>* 16,000 SMART EVS DELIVERED IN DECEMBER</p><p>* 16,000 VEHICLES DELIVERED IN DECEMBER 2021, A 181% INCREASE YEAR-OVER-YEAR</p><p>* 41,751 VEHICLES DELIVERED IN Q4 2021, A 222% INCREASE YEAR-OVER-YEAR</p><p>* 98,155 TOTAL VEHICLES DELIVERED IN 2021, A 263% INCREASE YEAR-OVER-YEAR</p><p>* CUMULATIVE DELIVERIES REACHED 137,953 AS OF END OF DECEMBER 2021</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK1539":"汽车股","BK1587":"次新股","BK1575":"同股不同权","BK1588":"回港中概股","XPEV":"小鹏汽车","09868":"小鹏汽车-W","BK1119":"汽车制造商"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2200448674","content_text":"Jan 1 (Reuters) - XPeng Inc   :* ANNOUNCES VEHICLE DELIVERY RESULTS FOR DECEMBER AND FOURTH QUARTER 2021* 16,000 SMART EVS DELIVERED IN DECEMBER* 16,000 VEHICLES DELIVERED IN DECEMBER 2021, A 181% INCREASE YEAR-OVER-YEAR* 41,751 VEHICLES DELIVERED IN Q4 2021, A 222% INCREASE YEAR-OVER-YEAR* 98,155 TOTAL VEHICLES DELIVERED IN 2021, A 263% INCREASE YEAR-OVER-YEAR* CUMULATIVE DELIVERIES REACHED 137,953 AS OF END OF DECEMBER 2021","news_type":1},"isVote":1,"tweetType":1,"viewCount":519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968495957,"gmtCreate":1669279206780,"gmtModify":1676538178161,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9968495957","repostId":"1102300737","repostType":4,"repost":{"id":"1102300737","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":1669244092,"share":"https://www.laohu8.com/m/news/1102300737?lang=&edition=full","pubTime":"2022-11-24 06:54","market":"us","language":"en","title":"Reminder: U.S. Stocks Are Closed on November 24 for Thanksgiving Day, and Close Three Hours Earlier on November 25","url":"https://stock-news.laohu8.com/highlight/detail?id=1102300737","media":"Tiger Newspress","summary":"November 24th (next Thursday) is Thanksgiving Day. All financial markets in the United States, inclu","content":"<html><head></head><body><p>November 24th (next Thursday) is Thanksgiving Day. All financial markets in the United States, including U.S. stocks, will be closed for one day.</p><p>On November 25th (next Friday),  the Nasdaq and New York Stock Exchange end trading at U.S. Eastern Time 1 p.m. (Beijing time/SGT 2 am on Saturday), and the trading hours will be 22:30 Beijing time-2:00 the next day.So it will be 3 hours ahead of the regular closing time.</p><p>Stocks in China, Britain, Australia and Singapore will trade as usual.</p><p><img src=\"https://static.tigerbbs.com/967109c79a776bad85e9d7e59f7320d6\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p><p><b>Background</b></p><p>Thanksgiving Day is a national holiday celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks and sacrifice for the blessing of the harvest and of the preceding year. Similarly named festival holidays occur in Germany and Japan. Thanksgiving Day is celebrated on the second Monday of October in Canada and on the fourth Thursday of November in the United States and around the same part of the year in other places.</p><p>Black Friday is a colloquial term for the Friday following Thanksgiving Day in the United States. Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight or even on Thanksgiving Day.</p><p><img src=\"https://static.tigerbbs.com/af950d731994581f416aa413e17585d3\" tg-width=\"450\" tg-height=\"281\" referrerpolicy=\"no-referrer\"/></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>Reminder: U.S. Stocks Are Closed on November 24 for Thanksgiving Day, and Close Three Hours Earlier on November 25</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\">\nReminder: U.S. Stocks Are Closed on November 24 for Thanksgiving Day, and Close Three Hours Earlier on November 25\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\">2022-11-24 06:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>November 24th (next Thursday) is Thanksgiving Day. All financial markets in the United States, including U.S. stocks, will be closed for one day.</p><p>On November 25th (next Friday),  the Nasdaq and New York Stock Exchange end trading at U.S. Eastern Time 1 p.m. (Beijing time/SGT 2 am on Saturday), and the trading hours will be 22:30 Beijing time-2:00 the next day.So it will be 3 hours ahead of the regular closing time.</p><p>Stocks in China, Britain, Australia and Singapore will trade as usual.</p><p><img src=\"https://static.tigerbbs.com/967109c79a776bad85e9d7e59f7320d6\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p><p><b>Background</b></p><p>Thanksgiving Day is a national holiday celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks and sacrifice for the blessing of the harvest and of the preceding year. Similarly named festival holidays occur in Germany and Japan. Thanksgiving Day is celebrated on the second Monday of October in Canada and on the fourth Thursday of November in the United States and around the same part of the year in other places.</p><p>Black Friday is a colloquial term for the Friday following Thanksgiving Day in the United States. Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight or even on Thanksgiving Day.</p><p><img src=\"https://static.tigerbbs.com/af950d731994581f416aa413e17585d3\" tg-width=\"450\" tg-height=\"281\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102300737","content_text":"November 24th (next Thursday) is Thanksgiving Day. All financial markets in the United States, including U.S. stocks, will be closed for one day.On November 25th (next Friday),  the Nasdaq and New York Stock Exchange end trading at U.S. Eastern Time 1 p.m. (Beijing time/SGT 2 am on Saturday), and the trading hours will be 22:30 Beijing time-2:00 the next day.So it will be 3 hours ahead of the regular closing time.Stocks in China, Britain, Australia and Singapore will trade as usual.BackgroundThanksgiving Day is a national holiday celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks and sacrifice for the blessing of the harvest and of the preceding year. Similarly named festival holidays occur in Germany and Japan. Thanksgiving Day is celebrated on the second Monday of October in Canada and on the fourth Thursday of November in the United States and around the same part of the year in other places.Black Friday is a colloquial term for the Friday following Thanksgiving Day in the United States. Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight or even on Thanksgiving Day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9909300829,"gmtCreate":1658803802961,"gmtModify":1676536210571,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9909300829","repostId":"1108375477","repostType":4,"repost":{"id":"1108375477","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":1658789741,"share":"https://www.laohu8.com/m/news/1108375477?lang=&edition=full","pubTime":"2022-07-26 06:55","market":"us","language":"en","title":"S&P 500 Ends Choppy Session Nearly Flat; Investors Eye Fed, Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1108375477","media":"Reuters","summary":"Apple, Amazon.com among companies to report earnings this weekFOMC to kick off two-day policy meetin","content":"<html><head></head><body><ul><li>Apple, Amazon.com among companies to report earnings this week</li><li>FOMC to kick off two-day policy meeting from Tuesday</li><li>Miner Newmont falls after raising annual cost forecast</li><li>Indexes: Dow up 0.3%, S&amp;P 500 up 0.1%, Nasdaq down 0.4%</li></ul><p>NEW YORK, July 25 (Reuters) - The S&amp;P 500 see-sawed on Monday and ended close to unchanged as investors girded for an expected rate hike at a Federal Reserve meeting this week and earnings from several large-cap growth companies.</p><p>The Nasdaq ended lower, and S&amp;P 500 technology and consumer discretionary led declines among major S&amp;P sectors. The energy sector gained along with oil prices.</p><p>&#34;Right now we&#39;re just in a holding pattern waiting for all those developments to play out,&#34; said Michael O&#39;Rourke, chief market strategist at JonesTrading in Stamford, Connecticut.</p><p>The Fed is expected to announce a 75 basis-point rate hike at the end of its two-day monetary policy meeting on Wednesday, effectively ending pandemic-era support for the U.S. economy.</p><p>Comments by Fed Chairman Jerome Powell following the announcement will be key, as some investors worry that aggressive rate hikes could tip the U.S. economy into recession.</p><p>This week is expected to be the busiest in the second-quarter reporting period, with results from about 170 S&amp;P 500 companies due. Microsoft Corp and Google-parent Alphabet are due to report Tuesday. Apple Inc and Amazon.com Inc are set for Thursday.</p><p>&#34;It&#39;s a crucial earnings season for the market, especially given the (recent) attempt by Nasdaq to climb higher,&#34; said Quincy Krosby, chief global strategist at LPL Financial in Charlotte, North Carolina.</p><p>The Nasdaq, which has led declines among major sectors this year, gained more than 3% last week.</p><p>The Dow Jones Industrial Average rose 90.75 points, or 0.28%, to 31,990.04, the S&amp;P 500 gained 5.21 points, or 0.13%, to 3,966.84 and the Nasdaq Composite dropped 51.45 points, or 0.43%, to 11,782.67.</p><p>After the closing bell, shares of Walmart were down nearly 10% after the retailer said it was cutting its forecast for full-year profit and blamed food and fuel inflation.</p><p>S&amp;P 500 earnings are expected to have climbed 6.1% for the second quarter from the year-ago period, according to IBES data from Refinitiv. Along with inflation and rising interest rates, investors have been concerned about the impact of currency headwinds and lingering supply chain issues for companies this earnings season.</p><p>Tuesday brings reports on two housing indicators - the S&amp;P Case-Shiller&#39;s 20-city composite and the Commerce Department&#39;s new home sales number.</p><p>Recent housing data has suggested the sector may be a harbinger of a cooling economy.</p><p>Newmont Corp fell 13.2% after the miner raised its annual cost forecast and missed its second-quarter profit, hurt by lower gold prices and inflationary pressures.</p><p>Volume on U.S. exchanges was 9.34 billion shares, compared with the 11.0 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.55-to-1 ratio; on Nasdaq, a 1.05-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 50 new highs and 105 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>S&P 500 Ends Choppy Session Nearly Flat; Investors Eye Fed, Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 Ends Choppy Session Nearly Flat; Investors Eye Fed, Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-26 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Apple, Amazon.com among companies to report earnings this week</li><li>FOMC to kick off two-day policy meeting from Tuesday</li><li>Miner Newmont falls after raising annual cost forecast</li><li>Indexes: Dow up 0.3%, S&amp;P 500 up 0.1%, Nasdaq down 0.4%</li></ul><p>NEW YORK, July 25 (Reuters) - The S&amp;P 500 see-sawed on Monday and ended close to unchanged as investors girded for an expected rate hike at a Federal Reserve meeting this week and earnings from several large-cap growth companies.</p><p>The Nasdaq ended lower, and S&amp;P 500 technology and consumer discretionary led declines among major S&amp;P sectors. The energy sector gained along with oil prices.</p><p>&#34;Right now we&#39;re just in a holding pattern waiting for all those developments to play out,&#34; said Michael O&#39;Rourke, chief market strategist at JonesTrading in Stamford, Connecticut.</p><p>The Fed is expected to announce a 75 basis-point rate hike at the end of its two-day monetary policy meeting on Wednesday, effectively ending pandemic-era support for the U.S. economy.</p><p>Comments by Fed Chairman Jerome Powell following the announcement will be key, as some investors worry that aggressive rate hikes could tip the U.S. economy into recession.</p><p>This week is expected to be the busiest in the second-quarter reporting period, with results from about 170 S&amp;P 500 companies due. Microsoft Corp and Google-parent Alphabet are due to report Tuesday. Apple Inc and Amazon.com Inc are set for Thursday.</p><p>&#34;It&#39;s a crucial earnings season for the market, especially given the (recent) attempt by Nasdaq to climb higher,&#34; said Quincy Krosby, chief global strategist at LPL Financial in Charlotte, North Carolina.</p><p>The Nasdaq, which has led declines among major sectors this year, gained more than 3% last week.</p><p>The Dow Jones Industrial Average rose 90.75 points, or 0.28%, to 31,990.04, the S&amp;P 500 gained 5.21 points, or 0.13%, to 3,966.84 and the Nasdaq Composite dropped 51.45 points, or 0.43%, to 11,782.67.</p><p>After the closing bell, shares of Walmart were down nearly 10% after the retailer said it was cutting its forecast for full-year profit and blamed food and fuel inflation.</p><p>S&amp;P 500 earnings are expected to have climbed 6.1% for the second quarter from the year-ago period, according to IBES data from Refinitiv. Along with inflation and rising interest rates, investors have been concerned about the impact of currency headwinds and lingering supply chain issues for companies this earnings season.</p><p>Tuesday brings reports on two housing indicators - the S&amp;P Case-Shiller&#39;s 20-city composite and the Commerce Department&#39;s new home sales number.</p><p>Recent housing data has suggested the sector may be a harbinger of a cooling economy.</p><p>Newmont Corp fell 13.2% after the miner raised its annual cost forecast and missed its second-quarter profit, hurt by lower gold prices and inflationary pressures.</p><p>Volume on U.S. exchanges was 9.34 billion shares, compared with the 11.0 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.55-to-1 ratio; on Nasdaq, a 1.05-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 50 new highs and 105 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","NEM":"纽曼矿业","WMT":"沃尔玛",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108375477","content_text":"Apple, Amazon.com among companies to report earnings this weekFOMC to kick off two-day policy meeting from TuesdayMiner Newmont falls after raising annual cost forecastIndexes: Dow up 0.3%, S&P 500 up 0.1%, Nasdaq down 0.4%NEW YORK, July 25 (Reuters) - The S&P 500 see-sawed on Monday and ended close to unchanged as investors girded for an expected rate hike at a Federal Reserve meeting this week and earnings from several large-cap growth companies.The Nasdaq ended lower, and S&P 500 technology and consumer discretionary led declines among major S&P sectors. The energy sector gained along with oil prices.\"Right now we're just in a holding pattern waiting for all those developments to play out,\" said Michael O'Rourke, chief market strategist at JonesTrading in Stamford, Connecticut.The Fed is expected to announce a 75 basis-point rate hike at the end of its two-day monetary policy meeting on Wednesday, effectively ending pandemic-era support for the U.S. economy.Comments by Fed Chairman Jerome Powell following the announcement will be key, as some investors worry that aggressive rate hikes could tip the U.S. economy into recession.This week is expected to be the busiest in the second-quarter reporting period, with results from about 170 S&P 500 companies due. Microsoft Corp and Google-parent Alphabet are due to report Tuesday. Apple Inc and Amazon.com Inc are set for Thursday.\"It's a crucial earnings season for the market, especially given the (recent) attempt by Nasdaq to climb higher,\" said Quincy Krosby, chief global strategist at LPL Financial in Charlotte, North Carolina.The Nasdaq, which has led declines among major sectors this year, gained more than 3% last week.The Dow Jones Industrial Average rose 90.75 points, or 0.28%, to 31,990.04, the S&P 500 gained 5.21 points, or 0.13%, to 3,966.84 and the Nasdaq Composite dropped 51.45 points, or 0.43%, to 11,782.67.After the closing bell, shares of Walmart were down nearly 10% after the retailer said it was cutting its forecast for full-year profit and blamed food and fuel inflation.S&P 500 earnings are expected to have climbed 6.1% for the second quarter from the year-ago period, according to IBES data from Refinitiv. Along with inflation and rising interest rates, investors have been concerned about the impact of currency headwinds and lingering supply chain issues for companies this earnings season.Tuesday brings reports on two housing indicators - the S&P Case-Shiller's 20-city composite and the Commerce Department's new home sales number.Recent housing data has suggested the sector may be a harbinger of a cooling economy.Newmont Corp fell 13.2% after the miner raised its annual cost forecast and missed its second-quarter profit, hurt by lower gold prices and inflationary pressures.Volume on U.S. exchanges was 9.34 billion shares, compared with the 11.0 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 1.55-to-1 ratio; on Nasdaq, a 1.05-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 50 new highs and 105 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9051273275,"gmtCreate":1654705439097,"gmtModify":1676535495765,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9051273275","repostId":"2241839291","repostType":4,"repost":{"id":"2241839291","pubTimestamp":1654701621,"share":"https://www.laohu8.com/m/news/2241839291?lang=&edition=full","pubTime":"2022-06-08 23:20","market":"us","language":"en","title":"Goldman Sachs: Buy These 2 Stocks Before They Surge Over 40%","url":"https://stock-news.laohu8.com/highlight/detail?id=2241839291","media":"TipRanks","summary":"Uncertainty has been the name of the game in 2022. A combination of negative macro developments – a ","content":"<div>\n<p>Uncertainty has been the name of the game in 2022. A combination of negative macro developments – a slowing global economy, the geopolitical ramifications following Russia’s invasion of Ukraine and - ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/goldman-sachs-buy-these-2-stocks-before-they-surge-over-40/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs: Buy These 2 Stocks Before They Surge Over 40%</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\">\nGoldman Sachs: Buy These 2 Stocks Before They Surge Over 40%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/goldman-sachs-buy-these-2-stocks-before-they-surge-over-40/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uncertainty has been the name of the game in 2022. A combination of negative macro developments – a slowing global economy, the geopolitical ramifications following Russia’s invasion of Ukraine and - ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/goldman-sachs-buy-these-2-stocks-before-they-surge-over-40/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","BK4504":"桥水持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4552":"Archegos爆仓风波概念","LULU":"lululemon athletica","PSTG":"Pure Storage Inc","BK4127":"投资银行业与经纪业"},"source_url":"https://www.tipranks.com/news/article/goldman-sachs-buy-these-2-stocks-before-they-surge-over-40/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2241839291","content_text":"Uncertainty has been the name of the game in 2022. A combination of negative macro developments – a slowing global economy, the geopolitical ramifications following Russia’s invasion of Ukraine and - possibly most of all - the prospect of the Fed seriously tightening its monetary policy to combat inflation – have all been weighing heavily on investors’ minds.That doesn’t necessarily mean there aren’t good opportunities to take advantage of right now. The analysts at banking giant Goldman Sachs have pinpointed two names which have recently outperformed market expectations and which they believe are set to surge ahead even in the face of the unhospitable current environment – by the order of 40% or more.We ran both tickers through the TipRanks database to see what the rest of the Street has in mind for the pair. Let’s take a look at the findings.Pure Storage The first stock on Goldman Sachs' radar is Pure Storage, a provider of various data storage products. The company’s flash-based solutions come both in software and hardware form and are used in data centers. The company began by using third-party solid-state drives (SSDs) for its storage solutions. However, its own proprietary hardware soon replaced those SSDs and the company also brought into the market integrated deduplication, compression, and artificial intelligence software to help businesses conserve space and set up their devices properly.Pure Storage has formed a strong partnership with Meta, having assisted in the development of the initial version of its AI research infrastructure in 2017. Since then, the pair have continued working together and earlier this year the two began a collaboration on Meta's new AI Research SuperCluster (RSC), which Meta claims will be the fastest AI supercomputer in the world.Like most tech stocks, Pure has found 2022 hard going but that hasn’t stopped the company from delivering the goods in its latest quarterly report.In F1Q23, revenue rose by 50.3% year-over-year to reach $620.4 million, handily beating the $521.74 million Wall Street expected. Similarly, on the bottom-line, adj. EPS of $0.25 came in well above the $0.05 consensus estimate. The company delivered on the outlook too, expecting revenue of roughly $635 Million in FQ2 vs. consensus at $604.64 million. For the full year, sales are anticipated to reach $2.66 Billion. Analysts had that figure at $2.59 billion.Along with the company’s exemplary execution, it is the Meta collab which informs Goldman analyst Rod Hall’s bullish thesis.“We see this Meta opportunity as a strong revenue tailwind for Pure looking forward in FY’23. We also see ongoing strong results as an indication that Pure’s products are gaining an increasing following among enterprise and service provider customers,” the analyst opined. “At this point we see Pure’s supply management as superior to most other companies in our coverage in the IT hardware area.”The bullish comments underpin Hall’s Buy rating while his $50 price target makes room for one-year gains of 79%.Overall, PSTG has attracted a total of 10 analyst reviews recently, including 7 Buys and 3 Holds for a Moderate Buy consensus rating from the Street. PSTG shares are priced at $27.90 and have an average price target of $38, giving the stock a 36% upside on the one-year time frame.Lululemon Athletica From tech we will pivot over to an entirely different sector. Everyone knows Lululemon - the athleisure specialist. The company got its beginnings in 1998 as a yoga pants and other yoga clothing retailer, but has since evolved to include athletic wear, lifestyle clothes, personal care products and all manner of accessories. Lululemon now has over 570 stores spread across the globe while it has also built a strong online presence. In apparel, the company has been rated as the world's fourth most valuable brand.Lululemon was one of the Covid era stars as people stayed at home and slipped into more comfortable wear, while the company even managed to overcome the closure of physical stores by shifting sales online. While not immune to the market’s overall downturn, Lululemon appears to have managed well in the face of new challenges, namely the supply chain issues which have impacted so many in recent times. This was evident in the company’s latest earnings report - for F1Q22.Lululemon generated revenue of $1.6 billion, a 32% increase on the same period a year ago, while diluted EPS hit $1.48. Both were above the analysts’ forecast of $1.55 billion and $1.43, respectively. There was more good news for the outlook. For FQ2, Lululemon sees revenue coming in the range between $1.750 billion to $1.775 billion, above consensus of $1.73 billion. And the company also raised its revenue and EPS outlook for the full year.Surveying the print, Goldman Sachs analyst Brooke Roach is thoroughly impressed. She writes, “We come away from the quarter with increased conviction in LULU’s strong brand engine fueled by innovation. While industry cost pressures are weighing on margin flow-through (where airfreight pressures have lowered full year margin outlook modestly), we continue to see this idiosyncratic growth story as well-positioned to navigate a tough backdrop as the company has meaningful pricing power, strong consumer connection, and less exposure to inflating AUCs (average unit cost).”Accordingly, Roach rates the stock a Buy, backed by a $456 price target. Going by this target, shares are expected to climb 48% higher over the one-year timeframe.Looking at the consensus breakdown, the majority of analysts are bullish on LULU's prospects, too; 19 Buys and 7 Holds add up to a Moderate Buy consensus rating. The average price target of $409.69 suggests upside of ~34% in the year ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9064011106,"gmtCreate":1652245841705,"gmtModify":1676535061457,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9064011106","repostId":"2234697813","repostType":4,"repost":{"id":"2234697813","pubTimestamp":1652240744,"share":"https://www.laohu8.com/m/news/2234697813?lang=&edition=full","pubTime":"2022-05-11 11:45","market":"us","language":"en","title":"Is Apple Stock A Buy, Sell, Or Hold After Recent Earnings?","url":"https://stock-news.laohu8.com/highlight/detail?id=2234697813","media":"Seeking Alpha","summary":"SummaryApple's March-quarter results set a new non-holiday record with a sales and earnings beat des","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Apple&#39;s March-quarter results set a new non-holiday record with a sales and earnings beat despite slowing consumption and ongoing supply constraints.</li><li>Yet, the stock&#39;s performance has been pressured by broad-based market volatility in response to macro challenges that include tightening financial conditions, which do not bode well with growth stocks.</li><li>Considering Apple&#39;s robust balance sheet and continued market strength even under the currently harsh market climate, the stock remains a safe investment with reasonable expectations for further gains ahead.</li><li>With the impending roll-out of new segments like automotive and virtual reality buoying entry into new markets and fresh growth opportunities, the current market turmoil creates an attractive buying opportunity for Apple&#39;s strong valuation prospects over the longer term.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa0ecbe7717eaf228b60ac688d7f8936\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/><span>Shahid Jamil/iStock Editorial via Getty Images</span></p><p>The Apple stock&#39;s (NASDAQ:AAPL) zig-zag formation since reporting a record-setting March-quarter sales and earnings beat in late April underscores investors&#39; continued struggle with weighing strong fundamentals against uncertainties on the global economic growth outlook. Investors awarded the stock with an intraday rally of as much as 6% to a high of close to $166 (April 29th) immediately following release of Apple&#39;s blockbuster results.</p><p>However, persistent market jitters in the days leading up to the May FOMC meeting reversed the earnings beat rally as the stock plunged towards the $150-level. Then, the stock recovered slightly on improved market sentiment following last Wednesday&#39;s (May 4th) Fed decision on a 50 bps rate increase and release of commentary regarding policy tightening plans in coming months. But it lost momentum and slid again alongside broad-based market declines as market participants braced for the &#34;cold reality of tightening financial conditions&#34; that face rising threats of a looming recession.</p><p>Despite current market woes, Apple remains the &#34;single member of the [FAANG] group that is still outperforming the S&amp;P 500&#34; this year. This, again, corroborates investors&#39; debate between prizing the stock for consistent demonstration of fundamental strength and paring valuation premiums on &#34;fears of an economic slowdown&#34;.</p><p>It is true that Apple is not without downside risks. The underlying business remains at the forefront of exposure to protracted industry-wide chip supply shortages and other supply chain constraints that have been compounded by the latest COVID-related lockdowns in China. The challenges are weighing on consumer spending levels in Apple&#39;s Chinese market, and adding fuel to an inflationary environment around raw material, labour and freight costs that risk margin contraction. Management has quantified the estimated impact at $4 billion to $8 billion in the current quarter, with some expected to be recapturable in later quarters, and others foregone permanently. Apple has also highlighted impacts pertaining to its recently pullout from the Russian market following the country&#39;s instigation of war against Ukraine.</p><p>But Apple&#39;s ability to keep wowing investors with stronger-than-expected growth despite a quarter &#34;blighted by Ukraine war, spiking inflation and China&#39;s COVID Zero lockdowns&#34; is what makes the results all the more impressive. And new product and segment launches that await over the coming months and years bolster further expansion of its total addressable market (&#34;TAM&#34;) and reach into installed users&#39; pockets over the longer-term, underscoring greater valuation prospects ahead for the stock.</p><p>The company&#39;s yearslong effort in bringing its strong net cash position down to neutral through attractive shareholder returns in the form of buybacks and dividends is also a &#34;nice struggle&#34; to have. Apple&#39;s strong balance sheet, which provides insulation from rising borrowing costs and sufficient dry powder to fund additional growth in coming years, makes it a safe investment pick in the face of tightening financial conditions. Despite the near-term challenges, Apple remains one of the most attractive investments with remarkable fundamental performance that continues to outshine peers in today&#39;s macro climate.</p><p><b>What is Apple&#39;s Long-Term Outlook? Here&#39;s What Apple&#39;s FY/2Q22 Earnings Beat Suggests:</b></p><p>Apple&#39;s March-quarter results exceeded expectations across the board, including its iPad segment which posted a year-on-year sales decline due to supply constraints. The company generated total revenue of $97.3 billion in the period (+8.6% y/y; -22% q/q), topping consensus estimate of $94 billion (+5% y/y; -24% q/q). Net income came in at $1.52 per share, exceeding the average analyst estimate of $1.42.</p><p>And for the current quarter, management expects the strong showing in its Services segment to continue, which makes sense given its reduced exposure to current supply chain challenges. The anticipated shift in sales mix to higher-margin Services is expected to offset some of increases to product costs in the current inflationary environment. Despite current macro challenges, company has guided gross margin of 42% to 43%, which is still among the best over the past 10 years. And as supply constraints ease over the longer-term with increasing efforts in &#34;accelerating the in-sourcing of key components such as processors, sensors, displays, batteries and cameras&#34;, the company is well-positioned for sustained margin improvements ahead.</p><p><b>iPhone</b></p><p>iPhone sales continued to account for the bulk of the company&#39;s consolidated topline, generating $50.6 billion in revenues (+5% y/y; -29% q/q), which also exceeded the average estimate of $49.2 billion (+3% y/y; -31% q/q). The segment&#39;s outperformance underscored robust demand for the latest 5G-enabled iPhone 13 and iPhone SE devices, despite acute supply constraints and a tough prior year compare which overlapped a late-year iPhone launch timing.</p><p>The upcoming Worldwide Developers Conference (&#34;WWDC&#34;) in June, Apple&#39;s annual keynote event, is also expected to bolster the company&#39;s iPhone sales in the latter half of both the fiscal and calendar year. All eyes are on the iPhone 14 launch expected for later this year. Based on Apple&#39;s &#34;three-year cycle for new hardware designs&#34; observed for the iPhone in recent years, the iPhone 14 will likely retain the exterior design of the iPhone 13 which debuted with the iPhone 12.</p><p>Because larger models typically garner greater demand than the smaller models, there is speculation that Apple will &#34;rethink&#34; its iPhone line-up. It is likely that Apple will offer a 6.7&#34; screen option for a non-Pro model for the first time starting with the iPhone 14, which is expected to capture better customer reception given greater affordability compared to Pro models. If Apple does proceed with such plans, it is also expected to cushion some of the impact from slowing consumer spending in China at the moment given its contracting economy - the max-sized models are particularly popular in region, so offering a more affordable non-Pro option will likely improve Apple&#39;s reach into Chinese consumers&#39; wallets.</p><p>Further improvements to the camera and processing power / performance on the iPhone 14 is also expected to encourage greater upgrades and switches, and buoy continued iPhone segment growth. The iPhone 14 Pro line-up is expected to feature a &#34;new 48-megapixel sensor for the wide-angle camera…[and] get Apple&#39;s new A16 chip&#34;. With more than a quarter of Apple&#39;s iPhone installed base being older than 3.5 years (circa iPhone 8 and iPhone X - I personally still use the iPhone 7 which is considered &#34;vintage&#34; by some of my peers&#34;), the upcoming iPhone 14 upgrades will be hard to resist.</p><p><b>Mac</b></p><p>The Mac also &#34;continued its resurgence&#34;, posting strong double-digit year-on-year growth for the seventh quarter in the past two years with March-quarter sales totalling $10.4 billion (+15% y/y; -4% q/q). The combination of robust demand and supply constraints have now pushed wait times for some of the highly coveted computing devices out to June. And Apple&#39;s transition to its in-house designed silicon has a significant role to play in restoring favourable growth trends observed in recent quarters.</p><p>The M1 Ultra, which powers the Mac Studio desktop, is now the &#34;world&#39;s most powerful chip for PC&#34;. It enables 7x faster performance than its predecessor, drawing favourable demand from creative professionals spanning app developers to video creators looking for computing power that can handle demanding workloads without compromising performance. The reimagined M1 Pro- / Max-powered MacBook Pro has also been a hit.</p><p>With Apple silicon consistently proving quality and performance for the Mac line-up, the company has rapidly rose to the top spot by market share in PC sales. Macs represented 18.8% of total PC shipments in the March-quarter, beating long-time industry leader Dell (DELL) and HPE (HPE). Close to half of Mac buyers in the March-quarter noted they were new to the product, underscoring Apple&#39;s continued market share gains.</p><p><b>iPad</b></p><p>On the iPad front, heightened supply constraints have continued to weigh on sales despite robust demand. iPad sales generated $7.7 billion (-2% y/y; +5% q/q) in revenues in the March-quarter, which still topped average analyst estimates. The segment&#39;s installed base reached a record high, with more than half of iPad customers indicating they were new to the device. The all-new M1-powered iPad Air, which includes 5G support, was also well-received. Despite declining March-quarter iPad sales due to supply constraints, Apple led tablet market sales in the period and grabbed close to 40% of market share, beating rival and runner-up Samsung&#39;s 20.4% by wide margins.</p><p>The iPad remains a market favourite despite softening consumer demand. The rapid transition to remote collaboration in the post-pandemic era has marked an inflection point for adoption of multi-purpose tablets. In addition to robust demand from the retail market, Apple&#39;s iPads have also been in high demand within the commercial sector. During the March-quarter, Apple iPad Pros were procured by Alaska Airlines (ALK) to replace its legacy check-in kiosks, thanks to the portable device&#39;s seamless integration into the airline&#39;s existing operations. With rising deployment of tablet devices in the commercial sector to accommodate rapid digital transformation trends and remote working demands in the post-pandemic era, continued innovation empowered by Apple silicon is expected to drive higher growth for the less-lucrative iPad segment once supply headwinds subside.</p><p><b>Wearables, Home and Accessories</b></p><p>The Wearables, Home and Accessories segment also pulled through with strong double-digit growth in the quarter. Related revenues totalled $8.8 billion (+12% y/y; -40% q/q), consistent with consensus expectations. The category continues to benefit from strong Apple Watch demand driven by increasing consumer preference and attention to health and fitness.</p><p>The company has been ramping up investments into developing new technology offerings for the wearable product to address increasing user demand for health features, including the &#34;highly anticipated blood-pressure monitor&#34; that is expected to debut in 2024, a body-temperature sensor, as well as a &#34;non-invasive blood sugar monitor&#34;. The upcoming watchOS 9 software update debuting in June is also expected to include improvements to the smartwatch&#39;s heart rate monitor, a &#34;new low-power mode that is designed to let its smartwatch run some apps…without using as much battery life&#34;, and additional &#34;workout types and metrics…within the Workout app on the watch&#34;. And later this year, Apple is expected to unveil up to three new Apple Watches that include the highly anticipated Series 8 model, an affordable SE model, and an upscale option with &#34;rugged casing that is aimed at extreme athletes&#34;. The new developments to both software and hardware features are expected to reinforce the segment&#39;s growth prospects by extending its reach to new users while also expanding Apple&#39;s TAM for wearable technology.</p><p><b>Services</b></p><p>Services was a particular bright spot for Apple in the March-quarter. The segment - which houses sales related to Apple Care, App Store, payments, ads, and other subscription services like Apple TV+ and Apple Music - generated revenues of $19.8 billion (+17% y/y; +2% q/q) in the period, which were &#34;slightly above projections&#34;. Apple added more than 165 million net new subscriptions in the past 12 months, bringing its total paid user base for Services to 825 million. And with accelerating penetration into the commercial sector, alongside rapid consumer adoption of Apple media and entertainment subscription services bolstered by its convenient and accessible hardware-service ecosystem, the company has guided double-digit growth again for the current quarter.</p><p><b>Apple TV+:</b> Despite increasing competition within the segment, as evidenced in the hardships experienced by industry leader Netflix (NFLX) in retaining market share over recent months, Apple TV+ continued to deliver on upbeat results, buoyed by positive viewer response to original productions that include &#34;Severance&#34;, &#34;Ted Lasso&#34; and &#34;CODA&#34;, which became the first streaming service to win an Oscar for Best Picture.</p><p>While Apple TV+&#39;s market share of global streaming services remains comparatively nominal when put against rivals like Netflix, HBO Max (WBD), and Disney+ (DIS), the convenient ecosystem Apple maintains to enable easy access remains a strong competitive advantage in driving further share gains in coming years. Apple is well-positioned to benefit from favourable streaming uptake trends ahead with the &#34;seamless integration of hardware, software and services at the center of [its] work and philosophy&#34;. Total consumer spending on entertainment and media is expected to advance at a compounded annual growth rate (&#34;CAGR&#34;) of 3.9% into a $915 billion market of its own by mid-decade. And much of this acceleration will be driven by demand for video streaming services, which is expected to expand at a CAGR of more than 18% over the next five years and blossom into a $190 billion opportunity. As Apple continues to encourage sign-ups with competitively priced offerings like Apple Bundle and engaging content, Apple TV+ has potential for acceleration over the longer-term and further bolster Services growth.</p><p><b>Commercial Services:</b> The company&#39;s increasing penetration into commercial markets with the latest launch of &#34;Apple Business Essentials&#34; also drives greater market share expansion and growth for its Services segment in coming years. The new service offering targeting small- and medium-sized businesses (&#34;SMBs&#34;) pairs well with already-strong uptake rates of Apple devices across the industry, and remains a prudent strategy for driving greater adjacent revenue growth in the Services segment. Apple Business Essentials combines all device management services spanning 24/7 technical support to security and cloud storage into one convenient offering, making Apple device adoption in the workplace a more convenient and efficient process for commercial users.</p><p>With digital transformation being progressively viewed as a business strategy for remaining economically competitive, Apple Business Essentials is expected to further Apple&#39;s capitalization of commercial opportunities ahead. And Apple&#39;s upcoming launch of the &#34;Tap-to-Pay&#34; feature, which will allow SMBs to &#34;accept payments through Apple Pay, credit cards and digital wallets&#34; using near field communication (&#34;NFC&#34;) straight from the iPhone, is also expected to strategically provide mutual reinforcement for both hardware and service sales within the commercial landscape in coming years.</p><p><b>App Store:</b> Continued growth in market demand for mobile applications will also be a boon to Apple&#39;s fast-growing services segment. The global market for mobile applications is expected to grow at a CAGR of 18.4% and reach a market value of more than $400 billion over the next five years. With AAPL hosting one of the largest and most used app stores in the world, it would be reasonable to assume that related revenues would grow at a similar pace.</p><p>Despite mounting global regulatory scrutiny over Apple&#39;s alleged antitrust violations with its App Store, the company&#39;s continued focus on ensuring user privacy, security, and ease of transactions remains key strategies for retaining user adoption. According to a survey of 4,000 Apple product users performed by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> across the U.S. and China, most have indicated loyalty to Apple&#39;s App store due to the &#34;value of security, privacy and ease of transactions&#34; provided, despite developers pushing for rights to transact outside of Apple&#39;s ecosystem.</p><p><b>What to Look for After Earnings</b></p><p>For the current quarter, management has warned of continuing supply headwinds stemming from COVID-related disruptions and industry-wide silicon shortages. On the demand side, COVID disruptions observed in China - which represents almost a fifth of total Apple sales - have slowed domestic consumption. Paired with the company&#39;s recent pullout from the Russian market following the Ukraine war, which drove a 150 bps decrease to sales growth in the March-quarter, the company is expecting a quantified impact of $4 billion to $8 billion from the combined challenges for the June-quarter.</p><p>But these impacts to the company&#39;s fundamental strength and valuation prospects are expected to remain minimum given their transitory nature. Yes, they will bring about some volatility in the near-term for sure, but the stock&#39;s bullish narrative in the long run, backed by continued growth and a strong balance sheet, remains intact.</p><p><b>China&#39;s COVID Situation:</b> Production at most of Apple&#39;s most notable assemblers in China, including Pegatron, Foxconn and Quanta have resumed after temporary suspensions in response to China&#39;s attempt to curb the resurgence of omicron infections. Most are currently operating out of a &#34;closed-loop system&#34;, where &#34;workers live on-site and are tested regularly&#34; to reduce chances of a widespread outbreak.</p><p>But logistical challenges remain intense due to strict quarantine controls levied on the country&#39;s trucking fleet, which is responsible for transporting about 75% of total freight in China. Key industrial hubs like Jiangsu, Guangdong, Shanxi and Shanghai saw road freight volumes decline by close to a fifth in March compared to the prior year. Only some easing has been observed since late April, as China continues to struggle with getting a grip on persistent infection rates, especially in the Shanghai corridor that houses some of Apple&#39;s final assembly plants. Despite the return to closed-loop operations, the assembly plants are facing heightening risks of exposure to dwindling inventory levels as a result of ongoing logistical challenges. As such, we consider Apple&#39;s recent guidance of an upward adjusted estimate on product disruption for the current quarter a prudent decision in setting market expectations in the near-term.</p><p><b>Silicon Shortages:</b> Industry-wide silicon shortages have been going on more than a year now, with the aftermath of pandemic-era disruptions to production still lingering to this day. Increased demand for chips in the face of accelerating cross-industry digitization, compounded by raw material supply constraints due to the Russia-Ukraine war has also further complicated the situation.</p><p>Apple continues to suffer from the shortage of legacy nodes, which have caused an acute impact to iPad supply. This has led to multiple consecutive periods of declining sales for the segment, despite refreshed demand from both retail and commercial consumers. As the easing timeline on chip shortages remains highly uncertain, we expect related impacts to fluctuate in the range of $3 billion to $6 billion through the rest of the year and potentially through the first half of 2023. This is consistent with observations in the past three quarters prior to added pressure from China&#39;s recent lockdowns and the Russia-Ukraine war.</p><p><b>Russia Exit:</b> Apple noted lost sales growth of about 150 bps in the March-quarter due to its exit from the Russian market following the country&#39;s attack on Ukraine. Considering 9% year-on-year growth observed in the March-quarter, Apple is expected to have lost about $1 billion in sales as a result of pulling out operations from Russia, which is immaterial from both a fundamental and valuations point of view. We also consider Apple&#39;s immediate exit from the Russian market following the onset of the Russia-Ukraine war a prudent move, which precluded the company from exposure to impacts pertaining to ensuing sanctions levied on Russia by the U.S. and its allies.</p><p><b>Tightening Monetary Policy:</b> As discussed in our recent coverage, we consider the Apple stock one of the strongest shields against adverse impacts from the Federal Reserve&#39;s monetary policy tightening measures to quell the hottest inflation in 40 years. While tightening financial conditions have largely deterred investors from risky assets like growth stocks, Apple has remained comparatively resilient given its outperformance of key benchmark indexes still, despite overall year-to-date declines.</p><p>Sustained by robust demand still for its existing offerings, and new opportunities arising from nascent technologies like AR/VR and autonomous vehicles in the long run, Apple is expected to re-emerge from the current market rout stronger than its peers thanks to its fundamental strength. As mentioned in earlier sections, Apple&#39;s strong net cash position also provides sufficient dry powder to fund additional growth in coming years without incurring additional costs of capital amidst rising interest rates.</p><p>The company&#39;s robust balance sheet is also backing generous shareholder returns in the form of share buybacks and dividends, which is a positive gesture under the current market climate. The company returned $27 billion to shareholders in the March-quarter through a combination of $22.9 billion in share buybacks and $3.6 billion in dividends. The company has also promised a dividend increase of 5% to $0.23 per share for the current quarter, and authorized an additional $90 billion in share buybacks as the company works to get its checkbook down to cash neutral over time.</p><p><b>Is Apple Stock a Buy, Sell or Hold?</b></p><p>As Apple continues to press through production challenges and macroeconomic headwinds with outperformance, we are maintaining our 12-month price target for the stock at the $200 to $210 level. This would represent upside potential of more than 30% based on the stock&#39;s last traded share price of $157.28 (May 6th).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9affb0161f8d6b76919faef35ad6a1e\" tg-width=\"640\" tg-height=\"238\" referrerpolicy=\"no-referrer\"/><span>Apple Valuation Analysis (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8310753449dc1befdd9f822f1879c478\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"/><span>Apple Financial Forecast (Author)</span></p><p>As the broad-based market rout continues amidst still-fluid macroeconomic challenges spanning runaway inflation, tightening monetary policies, hard-to-tame COVID outbreaks, and intensifying geopolitical tensions, the current turmoil in equities could &#34;provide a near-term stock pullback which [could be used] as a buying opportunity&#34;. We believe the stock&#39;s market value is currently non-reflective of its fundamental strength, and growth trajectory ahead of robust demand and new product / segment launches that include AR/VR headsets and the Apple car over coming years.</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>Is Apple Stock A Buy, Sell, Or Hold After Recent Earnings?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nIs Apple Stock A Buy, Sell, Or Hold After Recent Earnings?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-11 11:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4509434-apple-stock-buy-sell-hold-recent-earnings><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple's March-quarter results set a new non-holiday record with a sales and earnings beat despite slowing consumption and ongoing supply constraints.Yet, the stock's performance has been ...</p>\n\n<a href=\"https://seekingalpha.com/article/4509434-apple-stock-buy-sell-hold-recent-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4509434-apple-stock-buy-sell-hold-recent-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2234697813","content_text":"SummaryApple's March-quarter results set a new non-holiday record with a sales and earnings beat despite slowing consumption and ongoing supply constraints.Yet, the stock's performance has been pressured by broad-based market volatility in response to macro challenges that include tightening financial conditions, which do not bode well with growth stocks.Considering Apple's robust balance sheet and continued market strength even under the currently harsh market climate, the stock remains a safe investment with reasonable expectations for further gains ahead.With the impending roll-out of new segments like automotive and virtual reality buoying entry into new markets and fresh growth opportunities, the current market turmoil creates an attractive buying opportunity for Apple's strong valuation prospects over the longer term.Shahid Jamil/iStock Editorial via Getty ImagesThe Apple stock's (NASDAQ:AAPL) zig-zag formation since reporting a record-setting March-quarter sales and earnings beat in late April underscores investors' continued struggle with weighing strong fundamentals against uncertainties on the global economic growth outlook. Investors awarded the stock with an intraday rally of as much as 6% to a high of close to $166 (April 29th) immediately following release of Apple's blockbuster results.However, persistent market jitters in the days leading up to the May FOMC meeting reversed the earnings beat rally as the stock plunged towards the $150-level. Then, the stock recovered slightly on improved market sentiment following last Wednesday's (May 4th) Fed decision on a 50 bps rate increase and release of commentary regarding policy tightening plans in coming months. But it lost momentum and slid again alongside broad-based market declines as market participants braced for the \"cold reality of tightening financial conditions\" that face rising threats of a looming recession.Despite current market woes, Apple remains the \"single member of the [FAANG] group that is still outperforming the S&P 500\" this year. This, again, corroborates investors' debate between prizing the stock for consistent demonstration of fundamental strength and paring valuation premiums on \"fears of an economic slowdown\".It is true that Apple is not without downside risks. The underlying business remains at the forefront of exposure to protracted industry-wide chip supply shortages and other supply chain constraints that have been compounded by the latest COVID-related lockdowns in China. The challenges are weighing on consumer spending levels in Apple's Chinese market, and adding fuel to an inflationary environment around raw material, labour and freight costs that risk margin contraction. Management has quantified the estimated impact at $4 billion to $8 billion in the current quarter, with some expected to be recapturable in later quarters, and others foregone permanently. Apple has also highlighted impacts pertaining to its recently pullout from the Russian market following the country's instigation of war against Ukraine.But Apple's ability to keep wowing investors with stronger-than-expected growth despite a quarter \"blighted by Ukraine war, spiking inflation and China's COVID Zero lockdowns\" is what makes the results all the more impressive. And new product and segment launches that await over the coming months and years bolster further expansion of its total addressable market (\"TAM\") and reach into installed users' pockets over the longer-term, underscoring greater valuation prospects ahead for the stock.The company's yearslong effort in bringing its strong net cash position down to neutral through attractive shareholder returns in the form of buybacks and dividends is also a \"nice struggle\" to have. Apple's strong balance sheet, which provides insulation from rising borrowing costs and sufficient dry powder to fund additional growth in coming years, makes it a safe investment pick in the face of tightening financial conditions. Despite the near-term challenges, Apple remains one of the most attractive investments with remarkable fundamental performance that continues to outshine peers in today's macro climate.What is Apple's Long-Term Outlook? Here's What Apple's FY/2Q22 Earnings Beat Suggests:Apple's March-quarter results exceeded expectations across the board, including its iPad segment which posted a year-on-year sales decline due to supply constraints. The company generated total revenue of $97.3 billion in the period (+8.6% y/y; -22% q/q), topping consensus estimate of $94 billion (+5% y/y; -24% q/q). Net income came in at $1.52 per share, exceeding the average analyst estimate of $1.42.And for the current quarter, management expects the strong showing in its Services segment to continue, which makes sense given its reduced exposure to current supply chain challenges. The anticipated shift in sales mix to higher-margin Services is expected to offset some of increases to product costs in the current inflationary environment. Despite current macro challenges, company has guided gross margin of 42% to 43%, which is still among the best over the past 10 years. And as supply constraints ease over the longer-term with increasing efforts in \"accelerating the in-sourcing of key components such as processors, sensors, displays, batteries and cameras\", the company is well-positioned for sustained margin improvements ahead.iPhoneiPhone sales continued to account for the bulk of the company's consolidated topline, generating $50.6 billion in revenues (+5% y/y; -29% q/q), which also exceeded the average estimate of $49.2 billion (+3% y/y; -31% q/q). The segment's outperformance underscored robust demand for the latest 5G-enabled iPhone 13 and iPhone SE devices, despite acute supply constraints and a tough prior year compare which overlapped a late-year iPhone launch timing.The upcoming Worldwide Developers Conference (\"WWDC\") in June, Apple's annual keynote event, is also expected to bolster the company's iPhone sales in the latter half of both the fiscal and calendar year. All eyes are on the iPhone 14 launch expected for later this year. Based on Apple's \"three-year cycle for new hardware designs\" observed for the iPhone in recent years, the iPhone 14 will likely retain the exterior design of the iPhone 13 which debuted with the iPhone 12.Because larger models typically garner greater demand than the smaller models, there is speculation that Apple will \"rethink\" its iPhone line-up. It is likely that Apple will offer a 6.7\" screen option for a non-Pro model for the first time starting with the iPhone 14, which is expected to capture better customer reception given greater affordability compared to Pro models. If Apple does proceed with such plans, it is also expected to cushion some of the impact from slowing consumer spending in China at the moment given its contracting economy - the max-sized models are particularly popular in region, so offering a more affordable non-Pro option will likely improve Apple's reach into Chinese consumers' wallets.Further improvements to the camera and processing power / performance on the iPhone 14 is also expected to encourage greater upgrades and switches, and buoy continued iPhone segment growth. The iPhone 14 Pro line-up is expected to feature a \"new 48-megapixel sensor for the wide-angle camera…[and] get Apple's new A16 chip\". With more than a quarter of Apple's iPhone installed base being older than 3.5 years (circa iPhone 8 and iPhone X - I personally still use the iPhone 7 which is considered \"vintage\" by some of my peers\"), the upcoming iPhone 14 upgrades will be hard to resist.MacThe Mac also \"continued its resurgence\", posting strong double-digit year-on-year growth for the seventh quarter in the past two years with March-quarter sales totalling $10.4 billion (+15% y/y; -4% q/q). The combination of robust demand and supply constraints have now pushed wait times for some of the highly coveted computing devices out to June. And Apple's transition to its in-house designed silicon has a significant role to play in restoring favourable growth trends observed in recent quarters.The M1 Ultra, which powers the Mac Studio desktop, is now the \"world's most powerful chip for PC\". It enables 7x faster performance than its predecessor, drawing favourable demand from creative professionals spanning app developers to video creators looking for computing power that can handle demanding workloads without compromising performance. The reimagined M1 Pro- / Max-powered MacBook Pro has also been a hit.With Apple silicon consistently proving quality and performance for the Mac line-up, the company has rapidly rose to the top spot by market share in PC sales. Macs represented 18.8% of total PC shipments in the March-quarter, beating long-time industry leader Dell (DELL) and HPE (HPE). Close to half of Mac buyers in the March-quarter noted they were new to the product, underscoring Apple's continued market share gains.iPadOn the iPad front, heightened supply constraints have continued to weigh on sales despite robust demand. iPad sales generated $7.7 billion (-2% y/y; +5% q/q) in revenues in the March-quarter, which still topped average analyst estimates. The segment's installed base reached a record high, with more than half of iPad customers indicating they were new to the device. The all-new M1-powered iPad Air, which includes 5G support, was also well-received. Despite declining March-quarter iPad sales due to supply constraints, Apple led tablet market sales in the period and grabbed close to 40% of market share, beating rival and runner-up Samsung's 20.4% by wide margins.The iPad remains a market favourite despite softening consumer demand. The rapid transition to remote collaboration in the post-pandemic era has marked an inflection point for adoption of multi-purpose tablets. In addition to robust demand from the retail market, Apple's iPads have also been in high demand within the commercial sector. During the March-quarter, Apple iPad Pros were procured by Alaska Airlines (ALK) to replace its legacy check-in kiosks, thanks to the portable device's seamless integration into the airline's existing operations. With rising deployment of tablet devices in the commercial sector to accommodate rapid digital transformation trends and remote working demands in the post-pandemic era, continued innovation empowered by Apple silicon is expected to drive higher growth for the less-lucrative iPad segment once supply headwinds subside.Wearables, Home and AccessoriesThe Wearables, Home and Accessories segment also pulled through with strong double-digit growth in the quarter. Related revenues totalled $8.8 billion (+12% y/y; -40% q/q), consistent with consensus expectations. The category continues to benefit from strong Apple Watch demand driven by increasing consumer preference and attention to health and fitness.The company has been ramping up investments into developing new technology offerings for the wearable product to address increasing user demand for health features, including the \"highly anticipated blood-pressure monitor\" that is expected to debut in 2024, a body-temperature sensor, as well as a \"non-invasive blood sugar monitor\". The upcoming watchOS 9 software update debuting in June is also expected to include improvements to the smartwatch's heart rate monitor, a \"new low-power mode that is designed to let its smartwatch run some apps…without using as much battery life\", and additional \"workout types and metrics…within the Workout app on the watch\". And later this year, Apple is expected to unveil up to three new Apple Watches that include the highly anticipated Series 8 model, an affordable SE model, and an upscale option with \"rugged casing that is aimed at extreme athletes\". The new developments to both software and hardware features are expected to reinforce the segment's growth prospects by extending its reach to new users while also expanding Apple's TAM for wearable technology.ServicesServices was a particular bright spot for Apple in the March-quarter. The segment - which houses sales related to Apple Care, App Store, payments, ads, and other subscription services like Apple TV+ and Apple Music - generated revenues of $19.8 billion (+17% y/y; +2% q/q) in the period, which were \"slightly above projections\". Apple added more than 165 million net new subscriptions in the past 12 months, bringing its total paid user base for Services to 825 million. And with accelerating penetration into the commercial sector, alongside rapid consumer adoption of Apple media and entertainment subscription services bolstered by its convenient and accessible hardware-service ecosystem, the company has guided double-digit growth again for the current quarter.Apple TV+: Despite increasing competition within the segment, as evidenced in the hardships experienced by industry leader Netflix (NFLX) in retaining market share over recent months, Apple TV+ continued to deliver on upbeat results, buoyed by positive viewer response to original productions that include \"Severance\", \"Ted Lasso\" and \"CODA\", which became the first streaming service to win an Oscar for Best Picture.While Apple TV+'s market share of global streaming services remains comparatively nominal when put against rivals like Netflix, HBO Max (WBD), and Disney+ (DIS), the convenient ecosystem Apple maintains to enable easy access remains a strong competitive advantage in driving further share gains in coming years. Apple is well-positioned to benefit from favourable streaming uptake trends ahead with the \"seamless integration of hardware, software and services at the center of [its] work and philosophy\". Total consumer spending on entertainment and media is expected to advance at a compounded annual growth rate (\"CAGR\") of 3.9% into a $915 billion market of its own by mid-decade. And much of this acceleration will be driven by demand for video streaming services, which is expected to expand at a CAGR of more than 18% over the next five years and blossom into a $190 billion opportunity. As Apple continues to encourage sign-ups with competitively priced offerings like Apple Bundle and engaging content, Apple TV+ has potential for acceleration over the longer-term and further bolster Services growth.Commercial Services: The company's increasing penetration into commercial markets with the latest launch of \"Apple Business Essentials\" also drives greater market share expansion and growth for its Services segment in coming years. The new service offering targeting small- and medium-sized businesses (\"SMBs\") pairs well with already-strong uptake rates of Apple devices across the industry, and remains a prudent strategy for driving greater adjacent revenue growth in the Services segment. Apple Business Essentials combines all device management services spanning 24/7 technical support to security and cloud storage into one convenient offering, making Apple device adoption in the workplace a more convenient and efficient process for commercial users.With digital transformation being progressively viewed as a business strategy for remaining economically competitive, Apple Business Essentials is expected to further Apple's capitalization of commercial opportunities ahead. And Apple's upcoming launch of the \"Tap-to-Pay\" feature, which will allow SMBs to \"accept payments through Apple Pay, credit cards and digital wallets\" using near field communication (\"NFC\") straight from the iPhone, is also expected to strategically provide mutual reinforcement for both hardware and service sales within the commercial landscape in coming years.App Store: Continued growth in market demand for mobile applications will also be a boon to Apple's fast-growing services segment. The global market for mobile applications is expected to grow at a CAGR of 18.4% and reach a market value of more than $400 billion over the next five years. With AAPL hosting one of the largest and most used app stores in the world, it would be reasonable to assume that related revenues would grow at a similar pace.Despite mounting global regulatory scrutiny over Apple's alleged antitrust violations with its App Store, the company's continued focus on ensuring user privacy, security, and ease of transactions remains key strategies for retaining user adoption. According to a survey of 4,000 Apple product users performed by Morgan Stanley across the U.S. and China, most have indicated loyalty to Apple's App store due to the \"value of security, privacy and ease of transactions\" provided, despite developers pushing for rights to transact outside of Apple's ecosystem.What to Look for After EarningsFor the current quarter, management has warned of continuing supply headwinds stemming from COVID-related disruptions and industry-wide silicon shortages. On the demand side, COVID disruptions observed in China - which represents almost a fifth of total Apple sales - have slowed domestic consumption. Paired with the company's recent pullout from the Russian market following the Ukraine war, which drove a 150 bps decrease to sales growth in the March-quarter, the company is expecting a quantified impact of $4 billion to $8 billion from the combined challenges for the June-quarter.But these impacts to the company's fundamental strength and valuation prospects are expected to remain minimum given their transitory nature. Yes, they will bring about some volatility in the near-term for sure, but the stock's bullish narrative in the long run, backed by continued growth and a strong balance sheet, remains intact.China's COVID Situation: Production at most of Apple's most notable assemblers in China, including Pegatron, Foxconn and Quanta have resumed after temporary suspensions in response to China's attempt to curb the resurgence of omicron infections. Most are currently operating out of a \"closed-loop system\", where \"workers live on-site and are tested regularly\" to reduce chances of a widespread outbreak.But logistical challenges remain intense due to strict quarantine controls levied on the country's trucking fleet, which is responsible for transporting about 75% of total freight in China. Key industrial hubs like Jiangsu, Guangdong, Shanxi and Shanghai saw road freight volumes decline by close to a fifth in March compared to the prior year. Only some easing has been observed since late April, as China continues to struggle with getting a grip on persistent infection rates, especially in the Shanghai corridor that houses some of Apple's final assembly plants. Despite the return to closed-loop operations, the assembly plants are facing heightening risks of exposure to dwindling inventory levels as a result of ongoing logistical challenges. As such, we consider Apple's recent guidance of an upward adjusted estimate on product disruption for the current quarter a prudent decision in setting market expectations in the near-term.Silicon Shortages: Industry-wide silicon shortages have been going on more than a year now, with the aftermath of pandemic-era disruptions to production still lingering to this day. Increased demand for chips in the face of accelerating cross-industry digitization, compounded by raw material supply constraints due to the Russia-Ukraine war has also further complicated the situation.Apple continues to suffer from the shortage of legacy nodes, which have caused an acute impact to iPad supply. This has led to multiple consecutive periods of declining sales for the segment, despite refreshed demand from both retail and commercial consumers. As the easing timeline on chip shortages remains highly uncertain, we expect related impacts to fluctuate in the range of $3 billion to $6 billion through the rest of the year and potentially through the first half of 2023. This is consistent with observations in the past three quarters prior to added pressure from China's recent lockdowns and the Russia-Ukraine war.Russia Exit: Apple noted lost sales growth of about 150 bps in the March-quarter due to its exit from the Russian market following the country's attack on Ukraine. Considering 9% year-on-year growth observed in the March-quarter, Apple is expected to have lost about $1 billion in sales as a result of pulling out operations from Russia, which is immaterial from both a fundamental and valuations point of view. We also consider Apple's immediate exit from the Russian market following the onset of the Russia-Ukraine war a prudent move, which precluded the company from exposure to impacts pertaining to ensuing sanctions levied on Russia by the U.S. and its allies.Tightening Monetary Policy: As discussed in our recent coverage, we consider the Apple stock one of the strongest shields against adverse impacts from the Federal Reserve's monetary policy tightening measures to quell the hottest inflation in 40 years. While tightening financial conditions have largely deterred investors from risky assets like growth stocks, Apple has remained comparatively resilient given its outperformance of key benchmark indexes still, despite overall year-to-date declines.Sustained by robust demand still for its existing offerings, and new opportunities arising from nascent technologies like AR/VR and autonomous vehicles in the long run, Apple is expected to re-emerge from the current market rout stronger than its peers thanks to its fundamental strength. As mentioned in earlier sections, Apple's strong net cash position also provides sufficient dry powder to fund additional growth in coming years without incurring additional costs of capital amidst rising interest rates.The company's robust balance sheet is also backing generous shareholder returns in the form of share buybacks and dividends, which is a positive gesture under the current market climate. The company returned $27 billion to shareholders in the March-quarter through a combination of $22.9 billion in share buybacks and $3.6 billion in dividends. The company has also promised a dividend increase of 5% to $0.23 per share for the current quarter, and authorized an additional $90 billion in share buybacks as the company works to get its checkbook down to cash neutral over time.Is Apple Stock a Buy, Sell or Hold?As Apple continues to press through production challenges and macroeconomic headwinds with outperformance, we are maintaining our 12-month price target for the stock at the $200 to $210 level. This would represent upside potential of more than 30% based on the stock's last traded share price of $157.28 (May 6th).Apple Valuation Analysis (Author)Apple Financial Forecast (Author)As the broad-based market rout continues amidst still-fluid macroeconomic challenges spanning runaway inflation, tightening monetary policies, hard-to-tame COVID outbreaks, and intensifying geopolitical tensions, the current turmoil in equities could \"provide a near-term stock pullback which [could be used] as a buying opportunity\". We believe the stock's market value is currently non-reflective of its fundamental strength, and growth trajectory ahead of robust demand and new product / segment launches that include AR/VR headsets and the Apple car over coming years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9002854316,"gmtCreate":1641974114862,"gmtModify":1676533667972,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002854316","repostId":"1142558523","repostType":4,"repost":{"id":"1142558523","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":1641972188,"share":"https://www.laohu8.com/m/news/1142558523?lang=&edition=full","pubTime":"2022-01-12 15:23","market":"us","language":"en","title":"Didi Chuxing Has Begun Informal Discussions with the Hong Kong Stock Exchange about a Public Listing","url":"https://stock-news.laohu8.com/highlight/detail?id=1142558523","media":"Tiger Newspress","summary":"Didi Chuxing has begun informal discussions with the Hong Kong stock exchange about a public listing","content":"<html><head></head><body><p>Didi Chuxing has begun informal discussions with the Hong Kong stock exchange about a public listing, according to two people familiar with the situation.</p><p>A listing in Hong Kong is now critical for the group, after which it will start the delisting process in the US, offering holders of its American depositary shares a one-for-one swap with its Hong Kong shares, according to one big Didi investor.</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>Didi Chuxing Has Begun Informal Discussions with the Hong Kong Stock Exchange about a Public Listing</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDidi Chuxing Has Begun Informal Discussions with the Hong Kong Stock Exchange about a Public Listing\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\">2022-01-12 15:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Didi Chuxing has begun informal discussions with the Hong Kong stock exchange about a public listing, according to two people familiar with the situation.</p><p>A listing in Hong Kong is now critical for the group, after which it will start the delisting process in the US, offering holders of its American depositary shares a one-for-one swap with its Hong Kong shares, according to one big Didi investor.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDI":"滴滴(已退市)"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142558523","content_text":"Didi Chuxing has begun informal discussions with the Hong Kong stock exchange about a public listing, according to two people familiar with the situation.A listing in Hong Kong is now critical for the group, after which it will start the delisting process in the US, offering holders of its American depositary shares a one-for-one swap with its Hong Kong shares, according to one big Didi investor.","news_type":1},"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900252657,"gmtCreate":1658718266179,"gmtModify":1676536197127,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9900252657","repostId":"2254296074","repostType":4,"repost":{"id":"2254296074","pubTimestamp":1658713622,"share":"https://www.laohu8.com/m/news/2254296074?lang=&edition=full","pubTime":"2022-07-25 09:47","market":"us","language":"en","title":"Fed, Tech Earnings, GDP Data: What to Know Ahead of the Busiest Week of the Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2254296074","media":"Yahoo Finance","summary":"The busiest week of the year for investors is here.A jam-packed week of market-moving developments a","content":"<html><head></head><body><p>The busiest week of the year for investors is here.</p><p>A jam-packed week of market-moving developments awaits investors in the coming days, headlined by the Fed, tech earnings, and key economic data.</p><p>The Federal Reserve&#39;s latest policy meeting is set to take place this coming Tuesday and Wednesday, July 26-27, with the central bank expected to raise interest rates another 75 basis points.</p><p>On the earnings side, some of the most S&amp;P 500’s most heavily-weighted components — including Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (FB), Apple (AAPL), and Amazon (AMZN) — are among more than 170 companies scheduled to report second-quarter results through Friday.</p><p><img src=\"https://static.tigerbbs.com/4ada7b243e14854832b5370b492cab57\" tg-width=\"2044\" tg-height=\"1448\" referrerpolicy=\"no-referrer\"/></p><p>Also on spotlight will be Thursday&#39;s advance estimate of second quarter GDP, as market participants continue to debate whether a recession is already underway. Economists expect this report to show the economy grew at an annualized pace of 0.5% last quarter, according to estimates from Bloomberg.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0257c07b94036425ca0041e05623685c\" tg-width=\"960\" tg-height=\"640\" referrerpolicy=\"no-referrer\"/><span>Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. REUTERS/Joshua Roberts</span></p><p>All three major U.S. indexes logged gains last week after broad-based advances across sectors. On Tuesday, 98% of stocks in the benchmark S&amp;P 500 advanced, the most since December 26, 2018, the first trading day after the market bottom that occurred on December 24, 2018, according to data from LPL Financial.</p><p>Recent gains have pushed up the index by roughly 6% since June 16, stoking optimism among some investors that the worst of the recent market downturn is over.</p><p>“While breadth has been rather unimpressive during the market’s rally since the June lows, days like Tuesday are exactly what we are looking for, and can go a long way towards changing the character of this market,” LPL strategist Scott Brown said in a note. “To be clear, the S&amp;P 500 is not out of the woods yet.”</p><p>Tuesday pushed the index to a close above the 50-day moving average for the first time since April 20, but it remained just short of the late-June intraday highs, Brown pointed out.</p><p>If the Federal Reserve proceeds with hiking rates three quarters of a percentage point later this week, the Federal funds rate will have moved from near 0% less than five months ago to a range of 2.25%-2.5% — a level in line with most officials’ estimates of the long-run neutral.</p><p>“The Fed has told us they’re unlikely to let up on the brakes until they see a convincing shift in the trajectory of monthly inflation readings that would signal progress towards the Fed’s 2% target,” PGIM Fixed Income lead economist Ellen Gaske said in emailed comments. “We expect Powell will likely reiterate that message at his post-meeting press conference.”</p><p>Federal Reserve Chair Jerome Powell is set to deliver remarks at 2:30 p.m. ET Wednesday, shortly after the U.S. central bank’s policy decision comes out at 2:00 p.m. ET.</p><p>“We suspect it’s likely too soon for the Fed to convey a much more forward-looking point of view, as the most recent inflation readings still showed high and widespread price pressures,” Gaske said. “But with each additional hike from here, the lagged effects of the Fed’s tightening measures will be increasingly important to consider.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59626e18211886e9fe5f70ddf13a84e5\" tg-width=\"960\" tg-height=\"640\" referrerpolicy=\"no-referrer\"/><span>WASHINGTON, DC - JUNE 23: Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System testifies before the House Committee on Financial Services June 23, 2022 in Washington, DC. Powell testified on monetary policy and the state of the U.S. economy. (Photo by Win McNamee/Getty Images)</span></p><p>Last month, U.S. consumer prices again accelerated at the fastest annual pace since November 1981. The Bureau of Labor Statistics&#39; Consumer Price Index (CPI) reflected a year-over-year increase of 9.1% in June’s reading, marking the highest print of the inflation cycle.</p><p>Economists at Goldman Sachs said in a note last week that inflation expectations have notably softened since the FOMC last met in June, referencing downward revisions to the University of Michigan’s final read on 5-10 year inflation expectations, a decline in the survey’s preliminary July figure, and a “material” downtrend in market-based measures of inflation.</p><p>“This softening of inflation expectations is one reason why we expect the FOMC will not accelerate the near-term hiking pace and will deliver a 75bp hike at the July FOMC meeting,” Goldman economists led by Jan Hatzius said.</p><p>In addition to the Fed and earnings, investors will closely watch the government’s first estimate of gross domestic product – the broadest measure of economic activity — for the second quarter, set for release Thursday morning.</p><p>The Atlanta Federal Reserve’s latest GDPNow estimate for Q2 GDP on July 19, showed the economy likely shrank 1.6% last quarter. If realized, this decline would mark the second-consecutive quarter of negative economic growth and affirm to some strategists that the economy has entered a recession.</p><p>According to data from Bloomberg, Wall Street economists expect GDP grew at an annualized pace of 0.5% last quarter.</p><p>On the earnings front, results from the mega-caps will be closely watched, though hundreds of other names will draw investor attention during one of the busiest weeks for corporate results of the year. In addition to performance for the most recent three-month periods, remarks from tech heavyweights on hiring plans or other adjustments to their outlooks related to macroeconomic headwinds will be closely tracked.</p><p>In recent weeks, Apple, Microsoft, Google, and Meta have all said they would scale back on hiring across certain areas.</p><p>According to FactSet Research, 21% of companies in the S&amp;P 500 have reported second-quarter earnings through Friday, with only 68% presenting actual earnings per share above estimates — below the five-year average of 77%. Any earnings beats have also, in aggregate, been only 3.6% above estimates, less than half of the five-year average of 8.8%.</p><p>—</p><h2>Economics calendar:</h2><h2></h2><p><b>Monday: </b>Chicago Fed national activity index (June), Dallas Fed manufacturing business index (June)</p><p><b>Tuesday:</b> House price index (May), S&amp;P Case-Shiller national home price index (May), Conference Board consumer confidence index (July), New home sales (June), Richmond manufacturing index (June)</p><p><b>Wednesday: </b>MBA mortgage applications (week ended July 22)<b>, </b>Durable goods orders (June), Retail inventories (June), Wholesale inventories (June), Pending home sales (June), FOMC statement, Fed interest rate decision, Fed Chair Jerome Powell press conference</p><p><b>Thursday:</b> GDP (Q2 advance estimate), Initial jobless claims (week ended July 22), Continuing claims (week ended July 15), Kansas City Fed composite index (July)</p><p><b>Friday:</b> Core PCE price index (June), PCE price index (June), Personal income (June), Personal spending (June), Real personal consumption (June), Chicago PMI (July), UMich consumer sentiment index (July preliminary), UMich 5-year inflation expectations (July preliminary)</p><p>—</p><h2>Earnings Calendar:</h2><h2></h2><p><b>Monday: </b>Whirlpool (WHR), Squarespace (SQSP), TrueBlue (TBI), F5 (FFIV), Alexandria Real Estate Equities (ARE), Ryanair (RYAAY), NXP Semiconductor (NXPI), Newmont Corporation (NEM)</p><p><b>Tuesday: </b>Microsoft (MSFT), Alphabet (GOOGL), Coca-Cola (KO), McDonald’s (MCD), General Motors (GM), Chipotle Mexican Grill (CMG), Mondelez International (MDLZ), UPS (UPS), 3M (MMM), PulteGroup (PHM), Texas Instruments (TXN), General Electric (GE), Ameriprise Financial (AMP), Raytheon Technologies (RTX), Archer-Daniels-Midland (ADM), Chubb (CB), Canadian National Railway, Pentair (CNI), Paccar (PCAR), Kimberly-Clark (KMB), Albertsons (ACI), Teradyne (TER), Ashland (ASH), Boston Properties (BXP), FirstEnergy (FE), Visa (V)</p><p><b>Wednesday:</b> Meta Platforms (META), Boeing (BA), Ford (F), Etsy (ETSY), Qualcomm (QCOM), T-Mobile (TMUS), Bristol-Myers Squibb (BMY), Kraft Heinz (KH), Hilton Worldwide (HLT), Boston Scientific (BSX), Sherwin-Williams (SHW), Fortune Brands (FBH), Flex (FLEX), Hess Corporation (HES), Norfolk Southern Corporation (NSC), Netgear (NTGR), Cheesecake Factory (CAKE), American Water Works (AWK), Ryder System (R), Genuine Parts (GPC), Waste Management (WM), Community Health Systems (CYH), Molina Healthcare (MOH), Owens Corning (OC)</p><p><b>Thursday:</b> Apple (AAPL), Amazon (AMZN), Pfizer (PFE), Honeywell (HON), Mastercard (MA), Comcast (CMCSA), Intel (INTC), Roku (ROKU), Merck (MRK), Keurig Dr. Pepper (KDP), Hertz Global (HTZ), T.Rowe Price (TROW), Valero Energy (VLO), Northrop Grumman (NOC), V.F. Corporation (VFC), Frontier Group (ULCC), Southwest Air (LUV), Harley-Davidson (HOG), Shell (SHEL), Stanley Black and Decker (SWK), Carlyle Group (CG), Lazard (LAZ), International Paper (IP), Sirius XM (SIRI), Hershey (HSY), PG&amp;E (PCG), Hartford Financial (HIG), Celanese (CE)</p><p><b>Friday: </b>AstraZeneca (AZN), Sony (SON), Aon (AON), BNP Paribas (BNPQY)</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>Fed, Tech Earnings, GDP Data: What to Know Ahead of the Busiest Week of the Year</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\">\nFed, Tech Earnings, GDP Data: What to Know Ahead of the Busiest Week of the Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-25 09:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/fed-tech-earnings-weekly-preview-july-25-194451575.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The busiest week of the year for investors is here.A jam-packed week of market-moving developments awaits investors in the coming days, headlined by the Fed, tech earnings, and key economic data.The ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fed-tech-earnings-weekly-preview-july-25-194451575.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","AMZN":"亚马逊","MCD":"麦当劳",".DJI":"道琼斯","GOOG":"谷歌","UPS":"联合包裹",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BA":"波音","KO":"可口可乐","GE":"GE航空航天","META":"Meta Platforms","QCOM":"高通","AAPL":"苹果","RYAAY":"Ryanair Holdings plc","MSFT":"微软","ROKU":"Roku Inc","TXN":"德州仪器","NXPI":"恩智浦","INTC":"英特尔","F":"福特汽车","CMCSA":"康卡斯特","V":"Visa"},"source_url":"https://finance.yahoo.com/news/fed-tech-earnings-weekly-preview-july-25-194451575.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2254296074","content_text":"The busiest week of the year for investors is here.A jam-packed week of market-moving developments awaits investors in the coming days, headlined by the Fed, tech earnings, and key economic data.The Federal Reserve's latest policy meeting is set to take place this coming Tuesday and Wednesday, July 26-27, with the central bank expected to raise interest rates another 75 basis points.On the earnings side, some of the most S&P 500’s most heavily-weighted components — including Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (FB), Apple (AAPL), and Amazon (AMZN) — are among more than 170 companies scheduled to report second-quarter results through Friday.Also on spotlight will be Thursday's advance estimate of second quarter GDP, as market participants continue to debate whether a recession is already underway. Economists expect this report to show the economy grew at an annualized pace of 0.5% last quarter, according to estimates from Bloomberg.Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. REUTERS/Joshua RobertsAll three major U.S. indexes logged gains last week after broad-based advances across sectors. On Tuesday, 98% of stocks in the benchmark S&P 500 advanced, the most since December 26, 2018, the first trading day after the market bottom that occurred on December 24, 2018, according to data from LPL Financial.Recent gains have pushed up the index by roughly 6% since June 16, stoking optimism among some investors that the worst of the recent market downturn is over.“While breadth has been rather unimpressive during the market’s rally since the June lows, days like Tuesday are exactly what we are looking for, and can go a long way towards changing the character of this market,” LPL strategist Scott Brown said in a note. “To be clear, the S&P 500 is not out of the woods yet.”Tuesday pushed the index to a close above the 50-day moving average for the first time since April 20, but it remained just short of the late-June intraday highs, Brown pointed out.If the Federal Reserve proceeds with hiking rates three quarters of a percentage point later this week, the Federal funds rate will have moved from near 0% less than five months ago to a range of 2.25%-2.5% — a level in line with most officials’ estimates of the long-run neutral.“The Fed has told us they’re unlikely to let up on the brakes until they see a convincing shift in the trajectory of monthly inflation readings that would signal progress towards the Fed’s 2% target,” PGIM Fixed Income lead economist Ellen Gaske said in emailed comments. “We expect Powell will likely reiterate that message at his post-meeting press conference.”Federal Reserve Chair Jerome Powell is set to deliver remarks at 2:30 p.m. ET Wednesday, shortly after the U.S. central bank’s policy decision comes out at 2:00 p.m. ET.“We suspect it’s likely too soon for the Fed to convey a much more forward-looking point of view, as the most recent inflation readings still showed high and widespread price pressures,” Gaske said. “But with each additional hike from here, the lagged effects of the Fed’s tightening measures will be increasingly important to consider.”WASHINGTON, DC - JUNE 23: Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System testifies before the House Committee on Financial Services June 23, 2022 in Washington, DC. Powell testified on monetary policy and the state of the U.S. economy. (Photo by Win McNamee/Getty Images)Last month, U.S. consumer prices again accelerated at the fastest annual pace since November 1981. The Bureau of Labor Statistics' Consumer Price Index (CPI) reflected a year-over-year increase of 9.1% in June’s reading, marking the highest print of the inflation cycle.Economists at Goldman Sachs said in a note last week that inflation expectations have notably softened since the FOMC last met in June, referencing downward revisions to the University of Michigan’s final read on 5-10 year inflation expectations, a decline in the survey’s preliminary July figure, and a “material” downtrend in market-based measures of inflation.“This softening of inflation expectations is one reason why we expect the FOMC will not accelerate the near-term hiking pace and will deliver a 75bp hike at the July FOMC meeting,” Goldman economists led by Jan Hatzius said.In addition to the Fed and earnings, investors will closely watch the government’s first estimate of gross domestic product – the broadest measure of economic activity — for the second quarter, set for release Thursday morning.The Atlanta Federal Reserve’s latest GDPNow estimate for Q2 GDP on July 19, showed the economy likely shrank 1.6% last quarter. If realized, this decline would mark the second-consecutive quarter of negative economic growth and affirm to some strategists that the economy has entered a recession.According to data from Bloomberg, Wall Street economists expect GDP grew at an annualized pace of 0.5% last quarter.On the earnings front, results from the mega-caps will be closely watched, though hundreds of other names will draw investor attention during one of the busiest weeks for corporate results of the year. In addition to performance for the most recent three-month periods, remarks from tech heavyweights on hiring plans or other adjustments to their outlooks related to macroeconomic headwinds will be closely tracked.In recent weeks, Apple, Microsoft, Google, and Meta have all said they would scale back on hiring across certain areas.According to FactSet Research, 21% of companies in the S&P 500 have reported second-quarter earnings through Friday, with only 68% presenting actual earnings per share above estimates — below the five-year average of 77%. Any earnings beats have also, in aggregate, been only 3.6% above estimates, less than half of the five-year average of 8.8%.—Economics calendar:Monday: Chicago Fed national activity index (June), Dallas Fed manufacturing business index (June)Tuesday: House price index (May), S&P Case-Shiller national home price index (May), Conference Board consumer confidence index (July), New home sales (June), Richmond manufacturing index (June)Wednesday: MBA mortgage applications (week ended July 22), Durable goods orders (June), Retail inventories (June), Wholesale inventories (June), Pending home sales (June), FOMC statement, Fed interest rate decision, Fed Chair Jerome Powell press conferenceThursday: GDP (Q2 advance estimate), Initial jobless claims (week ended July 22), Continuing claims (week ended July 15), Kansas City Fed composite index (July)Friday: Core PCE price index (June), PCE price index (June), Personal income (June), Personal spending (June), Real personal consumption (June), Chicago PMI (July), UMich consumer sentiment index (July preliminary), UMich 5-year inflation expectations (July preliminary)—Earnings Calendar:Monday: Whirlpool (WHR), Squarespace (SQSP), TrueBlue (TBI), F5 (FFIV), Alexandria Real Estate Equities (ARE), Ryanair (RYAAY), NXP Semiconductor (NXPI), Newmont Corporation (NEM)Tuesday: Microsoft (MSFT), Alphabet (GOOGL), Coca-Cola (KO), McDonald’s (MCD), General Motors (GM), Chipotle Mexican Grill (CMG), Mondelez International (MDLZ), UPS (UPS), 3M (MMM), PulteGroup (PHM), Texas Instruments (TXN), General Electric (GE), Ameriprise Financial (AMP), Raytheon Technologies (RTX), Archer-Daniels-Midland (ADM), Chubb (CB), Canadian National Railway, Pentair (CNI), Paccar (PCAR), Kimberly-Clark (KMB), Albertsons (ACI), Teradyne (TER), Ashland (ASH), Boston Properties (BXP), FirstEnergy (FE), Visa (V)Wednesday: Meta Platforms (META), Boeing (BA), Ford (F), Etsy (ETSY), Qualcomm (QCOM), T-Mobile (TMUS), Bristol-Myers Squibb (BMY), Kraft Heinz (KH), Hilton Worldwide (HLT), Boston Scientific (BSX), Sherwin-Williams (SHW), Fortune Brands (FBH), Flex (FLEX), Hess Corporation (HES), Norfolk Southern Corporation (NSC), Netgear (NTGR), Cheesecake Factory (CAKE), American Water Works (AWK), Ryder System (R), Genuine Parts (GPC), Waste Management (WM), Community Health Systems (CYH), Molina Healthcare (MOH), Owens Corning (OC)Thursday: Apple (AAPL), Amazon (AMZN), Pfizer (PFE), Honeywell (HON), Mastercard (MA), Comcast (CMCSA), Intel (INTC), Roku (ROKU), Merck (MRK), Keurig Dr. Pepper (KDP), Hertz Global (HTZ), T.Rowe Price (TROW), Valero Energy (VLO), Northrop Grumman (NOC), V.F. Corporation (VFC), Frontier Group (ULCC), Southwest Air (LUV), Harley-Davidson (HOG), Shell (SHEL), Stanley Black and Decker (SWK), Carlyle Group (CG), Lazard (LAZ), International Paper (IP), Sirius XM (SIRI), Hershey (HSY), PG&E (PCG), Hartford Financial (HIG), Celanese (CE)Friday: AstraZeneca (AZN), Sony (SON), Aon (AON), BNP Paribas (BNPQY)","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034524574,"gmtCreate":1647924235877,"gmtModify":1676534280855,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034524574","repostId":"1145709827","repostType":4,"repost":{"id":"1145709827","pubTimestamp":1647919805,"share":"https://www.laohu8.com/m/news/1145709827?lang=&edition=full","pubTime":"2022-03-22 11:30","market":"us","language":"en","title":"Cathie Wood's ARK Invest Trades for 3/21:  Buy Shopify and Twilio, Sell Block","url":"https://stock-news.laohu8.com/highlight/detail?id=1145709827","media":"24/7 wall street","summary":"Markets edged lower to start out the week despite hawkish remarks from the Federal Reserve about rai","content":"<html><head></head><body><p>Markets edged lower to start out the week despite hawkish remarks from the Federal Reserve about raising interest rates in the near future. </p><p>ARK Invest funds did not see much trading action in this session but there were losses across the board. </p><p>ARKQ performed the best out of the group, with a 0.6% loss on the day, while ARKG did the worst, down 3.4%. </p><p>The gains from the past year are slowly sliding away, but Cathie Wood may have something up her sleeve, as she is constantly reshuffling her ETFs to stand up to market headwinds.</p><p>Here is a quick look at some of the major purchases and sales that ARK Invest executed on March 21, 2022.</p><p>The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $2.2 billion. There was one notable trade in this fund: Buy 32,635 shares of Shopify, Buy 96,978 shares of Twilio, &amp; Sell 281,910 shares of Block.</p><p>ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $5.1 billion. Here are some notable trades in this fund: Buy 52,752 shares of Adaptive Biotechnologies &amp; Sell 7,877 shares of Cellectis.</p><p>ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $16.2 billion. Here are some notable trades in this fund: NO TRADES</p><p>ARK Autonomous Technology &amp; Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $2.2 billion. Here are some notable trades in the fund: NO TRADES</p><p>ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $3.8 billion. Here are the notable trades in the fund: NO TRADES</p><p>Ark Space Exploration &amp; Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $468.9 million. There was one notable purchase in the fund: NO TRADES</p><p>Check out all the trades here:</p><p><img src=\"https://static.tigerbbs.com/c1be977425fb76ea622fba97c3251c37\" tg-width=\"962\" tg-height=\"438\" referrerpolicy=\"no-referrer\"/></p><p>Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.</p></body></html>","source":"lsy1620372341666","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>Cathie Wood's ARK Invest Trades for 3/21:  Buy Shopify and Twilio, Sell Block</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\">\nCathie Wood's ARK Invest Trades for 3/21:  Buy Shopify and Twilio, Sell Block\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-22 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://247wallst.com/investing/2022/03/21/cathie-woods-ark-invest-trades-for-3-21/><strong>24/7 wall street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Markets edged lower to start out the week despite hawkish remarks from the Federal Reserve about raising interest rates in the near future. ARK Invest funds did not see much trading action in this ...</p>\n\n<a href=\"https://247wallst.com/investing/2022/03/21/cathie-woods-ark-invest-trades-for-3-21/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF","ARKG":"ARK Genomic Revolution ETF","ARKK":"ARK Innovation ETF"},"source_url":"https://247wallst.com/investing/2022/03/21/cathie-woods-ark-invest-trades-for-3-21/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145709827","content_text":"Markets edged lower to start out the week despite hawkish remarks from the Federal Reserve about raising interest rates in the near future. ARK Invest funds did not see much trading action in this session but there were losses across the board. ARKQ performed the best out of the group, with a 0.6% loss on the day, while ARKG did the worst, down 3.4%. The gains from the past year are slowly sliding away, but Cathie Wood may have something up her sleeve, as she is constantly reshuffling her ETFs to stand up to market headwinds.Here is a quick look at some of the major purchases and sales that ARK Invest executed on March 21, 2022.The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $2.2 billion. There was one notable trade in this fund: Buy 32,635 shares of Shopify, Buy 96,978 shares of Twilio, & Sell 281,910 shares of Block.ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $5.1 billion. Here are some notable trades in this fund: Buy 52,752 shares of Adaptive Biotechnologies & Sell 7,877 shares of Cellectis.ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $16.2 billion. Here are some notable trades in this fund: NO TRADESARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $2.2 billion. Here are some notable trades in the fund: NO TRADESARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $3.8 billion. Here are the notable trades in the fund: NO TRADESArk Space Exploration & Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $468.9 million. There was one notable purchase in the fund: NO TRADESCheck out all the trades here:Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900255556,"gmtCreate":1658718364375,"gmtModify":1676536197158,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9900255556","repostId":"2253024704","repostType":4,"repost":{"id":"2253024704","pubTimestamp":1658706544,"share":"https://www.laohu8.com/m/news/2253024704?lang=&edition=full","pubTime":"2022-07-25 07:49","market":"us","language":"en","title":"3 Stocks the World's Greatest Investors Like the Most Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2253024704","media":"Motley Fool","summary":"These stocks are popular with lots of other investors, too.","content":"<html><head></head><body><p>If you want to be a better golfer, you&#39;ll study the swings of the world&#39;s greatest golfers. If you want to be a better manager, you&#39;ll study what the world&#39;s greatest managers do. But what if you want to be a better investor? It can pay off to study what the world&#39;s greatest investors do as well.</p><p>Granted, you won&#39;t always want to invest in the same stocks as they do. However, knowing their favorite stocks and why those stocks are in their portfolios can be helpful. With that in mind, here are three stocks the world&#39;s greatest investors like the most right now.</p><h2>1. Amazon.com</h2><p><b>Amazon.com</b> ranks as one of the favorite stocks for three multibillionaire investors. It&#39;s David Tepper&#39;s Appaloosa Management hedge fund&#39;s second-largest holding. Amazon is George Soros&#39; Soros Fund Management&#39;s fourth-largest position. And while the stock is lower on Warren Buffett&#39;s list, his <b>Berkshire Hathaway</b> owns more than $1.3 billion worth of Amazon shares.</p><p>So far this year, Amazon hasn&#39;t done much for these super-wealthy investors&#39; portfolios. The stock has slid partially as a result of the overall market sell-off. However, Amazon also disappointed investors with slower revenue growth.</p><p>But it&#39;s a pretty safe bet that Tepper, Soros, and Buffett remain confident about Amazon&#39;s long-term prospects. The company still dominates e-commerce. Its Amazon Web Services cloud unit continues to grow by leaps and bounds. Amazon is also aggressively expanding into new markets, as evidenced by the company&#39;s plans to acquire primary care provider <b>1Life Healthcare</b> (better known as One Medical) for $3.9 billion.</p><h2>2. Coca-Cola</h2><p>Both Buffett and his fellow multibillionaire investor Ray Dalio think very highly of <b>Coca-Cola</b>. The food and beverage giant ranks as the third-largest holding for Berkshire and the fourth-biggest stock position for Bridgewater Associates, the huge hedge fund founded by Dalio.</p><p>Coca-Cola is handily beating the market in 2022. The stability of the blue-chip stock has attracted many investors who were looking for a relatively safe place to park their money in the midst of tremendous volatility.</p><p>However, Buffett and Dalio aren&#39;t newcomers to Coke. They&#39;ve both owned the stock for years. Berkshire first initiated a position in Coca-Cola back in 1988. The purchase prompted Buffett to write in his annual shareholder letter one of his most memorable lines, &#34;When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.&#34;</p><h2>3. Apple</h2><p>There&#39;s no way we could leave <b>Apple</b> off this list. While it&#39;s not a top holding for many of the world&#39;s greatest investors, it certainly is for Buffett. Apple ranks by far as the biggest position in Berkshire&#39;s portfolio. Buffett even refers to the tech company as one of Berkshire&#39;s &#34;four giants.&#34; The other three &#34;giants&#34; are subsidiaries of Berkshire.</p><p>Although Apple has fallen year to date, it&#39;s still outperforming the broader market. The company continues to face some supply chain problems that are weighing on financial growth. However, these should only be temporary issues.</p><p>You can rest assured that Buffett believes that Apple&#39;s future is bright. He led Berkshire to scoop up more shares of the stock earlier this year and only stopped after Apple began to rebound.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks the World's Greatest Investors Like the Most Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks the World's Greatest Investors Like the Most Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-25 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/24/3-stocks-worlds-greatest-investors-like-most/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you want to be a better golfer, you'll study the swings of the world's greatest golfers. If you want to be a better manager, you'll study what the world's greatest managers do. But what if you want...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/24/3-stocks-worlds-greatest-investors-like-most/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","KO":"可口可乐","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2022/07/24/3-stocks-worlds-greatest-investors-like-most/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253024704","content_text":"If you want to be a better golfer, you'll study the swings of the world's greatest golfers. If you want to be a better manager, you'll study what the world's greatest managers do. But what if you want to be a better investor? It can pay off to study what the world's greatest investors do as well.Granted, you won't always want to invest in the same stocks as they do. However, knowing their favorite stocks and why those stocks are in their portfolios can be helpful. With that in mind, here are three stocks the world's greatest investors like the most right now.1. Amazon.comAmazon.com ranks as one of the favorite stocks for three multibillionaire investors. It's David Tepper's Appaloosa Management hedge fund's second-largest holding. Amazon is George Soros' Soros Fund Management's fourth-largest position. And while the stock is lower on Warren Buffett's list, his Berkshire Hathaway owns more than $1.3 billion worth of Amazon shares.So far this year, Amazon hasn't done much for these super-wealthy investors' portfolios. The stock has slid partially as a result of the overall market sell-off. However, Amazon also disappointed investors with slower revenue growth.But it's a pretty safe bet that Tepper, Soros, and Buffett remain confident about Amazon's long-term prospects. The company still dominates e-commerce. Its Amazon Web Services cloud unit continues to grow by leaps and bounds. Amazon is also aggressively expanding into new markets, as evidenced by the company's plans to acquire primary care provider 1Life Healthcare (better known as One Medical) for $3.9 billion.2. Coca-ColaBoth Buffett and his fellow multibillionaire investor Ray Dalio think very highly of Coca-Cola. The food and beverage giant ranks as the third-largest holding for Berkshire and the fourth-biggest stock position for Bridgewater Associates, the huge hedge fund founded by Dalio.Coca-Cola is handily beating the market in 2022. The stability of the blue-chip stock has attracted many investors who were looking for a relatively safe place to park their money in the midst of tremendous volatility.However, Buffett and Dalio aren't newcomers to Coke. They've both owned the stock for years. Berkshire first initiated a position in Coca-Cola back in 1988. The purchase prompted Buffett to write in his annual shareholder letter one of his most memorable lines, \"When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.\"3. AppleThere's no way we could leave Apple off this list. While it's not a top holding for many of the world's greatest investors, it certainly is for Buffett. Apple ranks by far as the biggest position in Berkshire's portfolio. Buffett even refers to the tech company as one of Berkshire's \"four giants.\" The other three \"giants\" are subsidiaries of Berkshire.Although Apple has fallen year to date, it's still outperforming the broader market. The company continues to face some supply chain problems that are weighing on financial growth. However, these should only be temporary issues.You can rest assured that Buffett believes that Apple's future is bright. He led Berkshire to scoop up more shares of the stock earlier this year and only stopped after Apple began to rebound.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9084055393,"gmtCreate":1650781242940,"gmtModify":1676534792373,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084055393","repostId":"2229599011","repostType":4,"repost":{"id":"2229599011","pubTimestamp":1650691800,"share":"https://www.laohu8.com/m/news/2229599011?lang=&edition=full","pubTime":"2022-04-23 13:30","market":"us","language":"en","title":"Will Nvidia Be a Trillion-Dollar Stock by 2025?","url":"https://stock-news.laohu8.com/highlight/detail?id=2229599011","media":"Motley Fool","summary":"The chipmaker nearly joined the twelve-zero club last year, but it could be awhile before it gets back there.","content":"<html><head></head><body><p><b>Nvidia</b>&#39;s stock closed at an all-time high of $333.76 on Nov. 29, 2021, which gave the chipmaker a market cap of $834 billion. At the time, Nvidia seemed destined to become a trillion-dollar company.</p><p>But after hitting its all-time high, Nvidia&#39;s stock shed over a third of its value and its market cap dropped to less than $550 billion. The bulls fled amid concerns about a post-COVID-lockdown slowdown in PC sales, while rising interest rates exacerbated that pain by sparking a sell-off in higher-growth stocks.</p><p>Can Nvidia regain its momentum and finally join the twelve-zero club by 2025? Let&#39;s examine its upcoming catalysts and challenges to find out.</p><p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F675321%2Frtx-platform-diagram.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"/><span>Image source: Nvidia.</span></p><h2>Nvidia could face a cyclical slowdown</h2><p>Nvidia&#39;s stock hit an all-time high last year as its gaming and data center GPU business generated dazzling growth throughout the pandemic.</p><p>In the 2022 fiscal year, which ended this January, Nvidia&#39;s revenue surged 61% to $26.91 billion as its adjusted earnings per share (EPS) grew 78%. Its adjusted operating margin jumped 640 basis points to 47.2%. It attributed most of that growth to its robust sales of gaming and data center GPUs.</p><p>But over the next three fiscal years, analysts expect Nvidia&#39;s revenue growth to decelerate as that upgrade cycle cools off. On the bright side, they expect its adjusted operating margin to consistently rise as it benefits from improved scale and pricing power in the GPU market.</p><table border=\"1\" width=\"598\"><colgroup></colgroup><tbody><tr valign=\"TOP\"><th width=\"239\"><p>Metric</p></th><th width=\"104\"><p>FY 2023 Estimate</p></th><th width=\"94\"><p>FY 2024 Estimate</p></th><th width=\"103\"><p>FY 2025 Estimate</p></th></tr><tr valign=\"TOP\"><td width=\"239\"><p><b>Revenue Growth</b></p></td><td width=\"104\"><p>29%</p></td><td width=\"94\"><p>17%</p></td><td width=\"103\"><p>12%</p></td></tr><tr valign=\"TOP\"><td width=\"239\"><p><b>Adjusted operating margin</b></p></td><td width=\"104\"><p>48.3%</p></td><td width=\"94\"><p>49.4%</p></td><td width=\"103\"><p>51%</p></td></tr><tr valign=\"TOP\"><td width=\"239\"><p><b>Adjusted EPS growth </b></p></td><td width=\"104\"><p>15%</p></td><td width=\"94\"><p>34%</p></td><td width=\"103\"><p>11%</p></td></tr></tbody></table><p>Data source: S&amp;P Global Market Intelligence.</p><p>If those expectations are met, Nvidia would generate $45.64 billion in revenue with an adjusted EPS of $6.59 in fiscal 2025.</p><p>Nvidia currently trades at 16 times its revenue and about 50 times its EPS estimate for fiscal 2023. If Nvidia still trades at those forward valuations at the end of fiscal 2024 and hits the estimates, it would have a market cap of about $730 billion.</p><p>However, those valuations would still be too rich for a company that&#39;s growing its revenue and earnings in the low teens. Therefore, I think Nvidia&#39;s market cap might stay between $500 billion and $700 billion over the next three years as it grapples with a cyclical slowdown in the GPU market.</p><h2>The near-term headwinds</h2><p>Investors should take analysts&#39; estimates with a grain of salt, but Nvidia stock likely needs to take a breather after its big growth spurt over the past few years.</p><p>In <b>HP</b>&#39;s (NYSE: HPQ) latest earnings report, it said its sales of consumer PCs fell 1% year-over-year as it faced tough comparisons to the boost it got from remote work and gaming upgrades during the pandemic. That slowdown doesn&#39;t bode well for Nvidia and other PC chipmakers.</p><p>Meanwhile, data center operators might buy fewer Nvidia GPUs for AI tasks as the usage of cloud-based services decelerates in a post-lockdown market. Waning interest in cryptocurrencies, many of which have lost value this year as investors have rotated out of riskier assets, will also curb sales of its gaming GPUs and dedicated mining chips.</p><p>To make matters worse, <b>Intel</b> (NASDAQ: INTC) plans to disrupt Nvidia and <b><a href=\"https://laohu8.com/S/AMD\">AMD</a></b>&#39;s (NASDAQ: AMD) duopoly in discrete GPUs with its own chips. These new GPUs, which Intel is bundling with its own CPUs, could cause more headaches for Nvidia and AMD as the broader gaming market slows down.</p><h2>The long-term tailwinds</h2><p>Those challenges seem daunting, but Nvidia has weathered plenty of cyclical downturns and competitive threats since its public debut in 1999. It also remains the dominant discrete GPU maker with an 81% market share, according to JPR&#39;s fourth-quarter numbers, compared to AMD&#39;s 19% share.</p><p>The gaming and data center markets should also keep expanding over the next few years. The gaming PC market could expand at a compound annual growth rate (CAGR) of 14.9% between 2021 and 2027, according to Report Ocean, while Research and Markets expects the data center accelerator market to grow at a CAGR of 36.7% between 2021 and 2026.</p><p>If Nvidia continues to dominate both of those growing markets, its cyclical slowdown could end a lot sooner than expected. Its oft-overlooked automotive chip business -- which generated just 2% of revenue in its latest quarter -- could also gain more traction as the automotive sector gradually recovers and develops new connected and autonomous vehicles.</p><h2>Look beyond Nvidia&#39;s market cap</h2><p>Nvidia probably won&#39;t become a trillion-dollar company by 2025, and investors who were spoiled by its 380% rally over the past three years might be a bit disappointed. However, it&#39;s arguably better for Nvidia&#39;s stock to cool off now and reset the market&#39;s expectations instead of flying off the rails with runaway valuations.</p><p>Nvidia&#39;s stock might generate much lower returns over the next three years, but investors shouldn&#39;t abandon the chipmaker yet. Long-term secular tailwinds could still propel its stock to new all-time highs.</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>Will Nvidia Be a Trillion-Dollar Stock by 2025?</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\">\nWill Nvidia Be a Trillion-Dollar Stock by 2025?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-23 13:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/22/will-nvidia-be-a-trillion-dollar-stock-by-2025/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia's stock closed at an all-time high of $333.76 on Nov. 29, 2021, which gave the chipmaker a market cap of $834 billion. At the time, Nvidia seemed destined to become a trillion-dollar company....</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/22/will-nvidia-be-a-trillion-dollar-stock-by-2025/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4567":"ESG概念","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4529":"IDC概念","BK4543":"AI","BK4549":"软银资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4579":"人工智能","BK4581":"高盛持仓","BK4550":"红杉资本持仓","BK4141":"半导体产品","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","NVDA":"英伟达","BK4503":"景林资产持仓"},"source_url":"https://www.fool.com/investing/2022/04/22/will-nvidia-be-a-trillion-dollar-stock-by-2025/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2229599011","content_text":"Nvidia's stock closed at an all-time high of $333.76 on Nov. 29, 2021, which gave the chipmaker a market cap of $834 billion. At the time, Nvidia seemed destined to become a trillion-dollar company.But after hitting its all-time high, Nvidia's stock shed over a third of its value and its market cap dropped to less than $550 billion. The bulls fled amid concerns about a post-COVID-lockdown slowdown in PC sales, while rising interest rates exacerbated that pain by sparking a sell-off in higher-growth stocks.Can Nvidia regain its momentum and finally join the twelve-zero club by 2025? Let's examine its upcoming catalysts and challenges to find out.Image source: Nvidia.Nvidia could face a cyclical slowdownNvidia's stock hit an all-time high last year as its gaming and data center GPU business generated dazzling growth throughout the pandemic.In the 2022 fiscal year, which ended this January, Nvidia's revenue surged 61% to $26.91 billion as its adjusted earnings per share (EPS) grew 78%. Its adjusted operating margin jumped 640 basis points to 47.2%. It attributed most of that growth to its robust sales of gaming and data center GPUs.But over the next three fiscal years, analysts expect Nvidia's revenue growth to decelerate as that upgrade cycle cools off. On the bright side, they expect its adjusted operating margin to consistently rise as it benefits from improved scale and pricing power in the GPU market.MetricFY 2023 EstimateFY 2024 EstimateFY 2025 EstimateRevenue Growth29%17%12%Adjusted operating margin48.3%49.4%51%Adjusted EPS growth 15%34%11%Data source: S&P Global Market Intelligence.If those expectations are met, Nvidia would generate $45.64 billion in revenue with an adjusted EPS of $6.59 in fiscal 2025.Nvidia currently trades at 16 times its revenue and about 50 times its EPS estimate for fiscal 2023. If Nvidia still trades at those forward valuations at the end of fiscal 2024 and hits the estimates, it would have a market cap of about $730 billion.However, those valuations would still be too rich for a company that's growing its revenue and earnings in the low teens. Therefore, I think Nvidia's market cap might stay between $500 billion and $700 billion over the next three years as it grapples with a cyclical slowdown in the GPU market.The near-term headwindsInvestors should take analysts' estimates with a grain of salt, but Nvidia stock likely needs to take a breather after its big growth spurt over the past few years.In HP's (NYSE: HPQ) latest earnings report, it said its sales of consumer PCs fell 1% year-over-year as it faced tough comparisons to the boost it got from remote work and gaming upgrades during the pandemic. That slowdown doesn't bode well for Nvidia and other PC chipmakers.Meanwhile, data center operators might buy fewer Nvidia GPUs for AI tasks as the usage of cloud-based services decelerates in a post-lockdown market. Waning interest in cryptocurrencies, many of which have lost value this year as investors have rotated out of riskier assets, will also curb sales of its gaming GPUs and dedicated mining chips.To make matters worse, Intel (NASDAQ: INTC) plans to disrupt Nvidia and AMD's (NASDAQ: AMD) duopoly in discrete GPUs with its own chips. These new GPUs, which Intel is bundling with its own CPUs, could cause more headaches for Nvidia and AMD as the broader gaming market slows down.The long-term tailwindsThose challenges seem daunting, but Nvidia has weathered plenty of cyclical downturns and competitive threats since its public debut in 1999. It also remains the dominant discrete GPU maker with an 81% market share, according to JPR's fourth-quarter numbers, compared to AMD's 19% share.The gaming and data center markets should also keep expanding over the next few years. The gaming PC market could expand at a compound annual growth rate (CAGR) of 14.9% between 2021 and 2027, according to Report Ocean, while Research and Markets expects the data center accelerator market to grow at a CAGR of 36.7% between 2021 and 2026.If Nvidia continues to dominate both of those growing markets, its cyclical slowdown could end a lot sooner than expected. Its oft-overlooked automotive chip business -- which generated just 2% of revenue in its latest quarter -- could also gain more traction as the automotive sector gradually recovers and develops new connected and autonomous vehicles.Look beyond Nvidia's market capNvidia probably won't become a trillion-dollar company by 2025, and investors who were spoiled by its 380% rally over the past three years might be a bit disappointed. However, it's arguably better for Nvidia's stock to cool off now and reset the market's expectations instead of flying off the rails with runaway valuations.Nvidia's stock might generate much lower returns over the next three years, but investors shouldn't abandon the chipmaker yet. Long-term secular tailwinds could still propel its stock to new all-time highs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9097080482,"gmtCreate":1645263526445,"gmtModify":1676534014526,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097080482","repostId":"2212268576","repostType":4,"repost":{"id":"2212268576","pubTimestamp":1645227827,"share":"https://www.laohu8.com/m/news/2212268576?lang=&edition=full","pubTime":"2022-02-19 07:43","market":"us","language":"en","title":"The Smartest Stocks to Buy if the Stock Market Plunges","url":"https://stock-news.laohu8.com/highlight/detail?id=2212268576","media":"Motley Fool","summary":"When crashes and corrections rear their head, so does the opportunity for investors.","content":"<html><head></head><body><p>Since the beginning of the year, Wall Street and investors have been given a reminder that stock market crashes and corrections are perfectly normal occurrences. The double-digit percentage decline the <b>S&amp;P 500</b> experienced in January marks the 39th correction of at least 10% for the widely followed index since the beginning of 1950.</p><p>But where there are crashes and corrections, there&#39;s also opportunity. That&#39;s because every sizable decline in the S&amp;P 500 has eventually been put in the rearview mirror by a bull market rally. If the broader market were to continue to plunge, the following four companies would be some of the smartest stocks to buy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1b5364080a57bed47540a161b8615747\" tg-width=\"700\" tg-height=\"472\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>Berkshire Hathaway</h2><p>In a world where growth stocks have dominated, perhaps no company has more consistently outperformed the broader market for decades than <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B).</p><p>Berkshire might not be a household name, but its CEO, billionaire Warren Buffett, certainly is. Since taking the reins in 1965, Buffett has led his company&#39;s Class A shares (BRK.A) to an average annual gain of better than 20%. In aggregate, we&#39;re talking about a total gain of around 3,800,000% in 57 years.</p><p>One of the key reasons the Oracle of Omaha is such a successful investor is due to his company&#39;s focus on cyclical businesses. Cyclical companies thrive when the economy is running on all cylinders and struggle when recessions arise. Buffett fully understands that recessions typically last for a few months to a couple of quarters. Comparatively, periods of expansion usually last for years, if not a decade. Warren Buffett is allowing time to be his ally and playing a simple numbers game that works in favor of ultra-long-term investors.</p><p>The other not-so-subtle secret to Berkshire Hathaway&#39;s outperformance is dividend income. This year, Buffett&#39;s company is on pace to collect over $5 billion in payouts, which works out to a yield relative to cost of around 5%. Dividend stocks are almost always profitable and time-tested. This means Buffett and his team have packed Berkshire&#39;s portfolio with successful businesses that can navigate whatever the U.S. economy and stock market throw their way.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b13f98298635a74f4491a99bf47eeded\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a></h2><p>Healthcare stocks are usually a wise place to put your money to work if the market plunges. That&#39;s why pharmacy chain and value stock <b>Walgreens Boots Alliance</b> (NASDAQ:WBA) would be such a smart buy.</p><p>No matter how well or poorly the U.S. economy performs, or how high the year-over-year inflation figure rises, people don&#39;t get to choose when they get sick or what ailment(s) they develop. This means demand for prescription drugs, medical devices, and healthcare services tends to remain steady in any economic environment.</p><p>What specifically makes Walgreens so intriguing is the company&#39;s multipoint growth strategy targeting higher margins and a faster organic growth rate. To lift margins, the company has reduced its annual operating expenses by more than $2 billion a full fiscal year ahead of schedule.</p><p>Meanwhile, to boost the company&#39;s organic growth rate, Walgreens is spending aggressively on two key initiatives. First, it&#39;s actively promoting direct-to-consumer sales. Even though the company&#39;s brick-and-mortar locations will account for the lion&#39;s share of revenue, online sales are an easy way to boost organic growth as consumers shift their buying habits.</p><p>Second, Walgreens has partnered with, and invested in, VillageMD to open upwards of 600 co-located, full-service clinics by 2025 in over 30 U.S. markets. These physician-staffed clinics can be used to funnel repeat clients to the company&#39;s higher-margin pharmacy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e68ecb34d6e4fd6f7dc599908229a09a\" tg-width=\"700\" tg-height=\"449\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></h2><p>Another exceptionally smart stock to buy if the market plunges is cybersecurity powerhouse and growth stock <b>Palo Alto Networks</b> (NASDAQ:PANW).</p><p>If you&#39;re noticing a theme with this list, it&#39;s that highly defensive sectors and industries are a smart place to put your money to work when corrections arise. Cybersecurity is a sustained double-digit growth trend which has become a basic necessity for businesses of all sizes that have an online or cloud-based presence. Hackers and robots simply don&#39;t care if Wall Street has a rough day.</p><p>There are two key reasons Palo Alto makes for such an impressive growth story. To begin with, it&#39;s undergoing a business transformation that&#39;s emphasizing subscription services. Even though the company continues to sell physical firewall products, subscription services provide better long-term margins and less revenue lumpiness. Over time, a larger percentage of total sales will derive from these higher-margin channels.</p><p>Palo Alto&#39;s other major growth driver is its many bolt-on acquisitions. Management hasn&#39;t been afraid to deploy capital in order to expand its product portfolio or broaden its pool of potential customers. These acquisitions have been pivotal in helping Palo Alto reach new small and medium-sized businesses.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7343c3ce7330b86321a8ec9384d4baea\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>Bank of America</h2><p>A fourth and final company that would be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the smartest stocks to buy if the market plunges is money-center giant <b>Bank of America</b> (NYSE:BAC).</p><p>Bank stocks like BofA are highly cyclical. Even though they can occasionally get caught up in the short-term emotions that weigh down stocks, they benefit immensely from the natural expansion of the U.S. and global economy over time. This allows patient investors in large bank stocks to build their wealth steadily over time. Not surprisingly, Bank of America is Warren Buffett&#39;s second-largest holding.</p><p>What makes Bank of America such a perfect buy at the moment (and if the market continues to fall) is the upcoming shift in the Federal Reserve&#39;s monetary policy. With U.S. inflation hitting a 40-year high in January, the nation&#39;s central bank has no choice but to aggressively begin raising interest rates. No bank stock is more interest-sensitive than BofA. In its year-end report, the company noted that a 100-basis-point parallel shift in the interest rate yield curve would add an estimated $6.5 billion in net interest income.  In other words, the more inflation becomes an issue, the likelier BofA is to see a big boost to its bottom line.</p><p>Also, as I&#39;ve previously pointed out, Bank of America&#39;s digital push is really paying dividends. Over the past three years, it&#39;s added 5 million new digital active customers and seen the aggregate number of loan sales completed online or via app jump from 31% to 49%. It&#39;s far more cost-effective when customers transact digitally than in person or by phone. As consumers make this digital shift, BofA has consolidated some of its branches and lowered its expenses.</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>The Smartest Stocks to Buy if the Stock Market Plunges</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Smartest Stocks to Buy if the Stock Market Plunges\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-19 07:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/18/the-smartest-stocks-to-buy-if-stock-market-plunges/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since the beginning of the year, Wall Street and investors have been given a reminder that stock market crashes and corrections are perfectly normal occurrences. The double-digit percentage decline ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/18/the-smartest-stocks-to-buy-if-stock-market-plunges/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BK4097":"系统软件","BK4553":"喜马拉雅资本持仓","BK4534":"瑞士信贷持仓","BK4559":"巴菲特持仓","BK4176":"多领域控股","BRK.B":"伯克希尔B","BK4128":"药品零售",".SPX":"S&P 500 Index","BK4560":"网络安全概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4504":"桥水持仓","WBA":"沃尔格林联合博姿","BK4532":"文艺复兴科技持仓","PANW":"Palo Alto Networks","BAC":"美国银行","BK4207":"综合性银行"},"source_url":"https://www.fool.com/investing/2022/02/18/the-smartest-stocks-to-buy-if-stock-market-plunges/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2212268576","content_text":"Since the beginning of the year, Wall Street and investors have been given a reminder that stock market crashes and corrections are perfectly normal occurrences. The double-digit percentage decline the S&P 500 experienced in January marks the 39th correction of at least 10% for the widely followed index since the beginning of 1950.But where there are crashes and corrections, there's also opportunity. That's because every sizable decline in the S&P 500 has eventually been put in the rearview mirror by a bull market rally. If the broader market were to continue to plunge, the following four companies would be some of the smartest stocks to buy.Image source: Getty Images.Berkshire HathawayIn a world where growth stocks have dominated, perhaps no company has more consistently outperformed the broader market for decades than Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B).Berkshire might not be a household name, but its CEO, billionaire Warren Buffett, certainly is. Since taking the reins in 1965, Buffett has led his company's Class A shares (BRK.A) to an average annual gain of better than 20%. In aggregate, we're talking about a total gain of around 3,800,000% in 57 years.One of the key reasons the Oracle of Omaha is such a successful investor is due to his company's focus on cyclical businesses. Cyclical companies thrive when the economy is running on all cylinders and struggle when recessions arise. Buffett fully understands that recessions typically last for a few months to a couple of quarters. Comparatively, periods of expansion usually last for years, if not a decade. Warren Buffett is allowing time to be his ally and playing a simple numbers game that works in favor of ultra-long-term investors.The other not-so-subtle secret to Berkshire Hathaway's outperformance is dividend income. This year, Buffett's company is on pace to collect over $5 billion in payouts, which works out to a yield relative to cost of around 5%. Dividend stocks are almost always profitable and time-tested. This means Buffett and his team have packed Berkshire's portfolio with successful businesses that can navigate whatever the U.S. economy and stock market throw their way.Image source: Getty Images.Walgreens Boots AllianceHealthcare stocks are usually a wise place to put your money to work if the market plunges. That's why pharmacy chain and value stock Walgreens Boots Alliance (NASDAQ:WBA) would be such a smart buy.No matter how well or poorly the U.S. economy performs, or how high the year-over-year inflation figure rises, people don't get to choose when they get sick or what ailment(s) they develop. This means demand for prescription drugs, medical devices, and healthcare services tends to remain steady in any economic environment.What specifically makes Walgreens so intriguing is the company's multipoint growth strategy targeting higher margins and a faster organic growth rate. To lift margins, the company has reduced its annual operating expenses by more than $2 billion a full fiscal year ahead of schedule.Meanwhile, to boost the company's organic growth rate, Walgreens is spending aggressively on two key initiatives. First, it's actively promoting direct-to-consumer sales. Even though the company's brick-and-mortar locations will account for the lion's share of revenue, online sales are an easy way to boost organic growth as consumers shift their buying habits.Second, Walgreens has partnered with, and invested in, VillageMD to open upwards of 600 co-located, full-service clinics by 2025 in over 30 U.S. markets. These physician-staffed clinics can be used to funnel repeat clients to the company's higher-margin pharmacy.Image source: Getty Images.Palo Alto NetworksAnother exceptionally smart stock to buy if the market plunges is cybersecurity powerhouse and growth stock Palo Alto Networks (NASDAQ:PANW).If you're noticing a theme with this list, it's that highly defensive sectors and industries are a smart place to put your money to work when corrections arise. Cybersecurity is a sustained double-digit growth trend which has become a basic necessity for businesses of all sizes that have an online or cloud-based presence. Hackers and robots simply don't care if Wall Street has a rough day.There are two key reasons Palo Alto makes for such an impressive growth story. To begin with, it's undergoing a business transformation that's emphasizing subscription services. Even though the company continues to sell physical firewall products, subscription services provide better long-term margins and less revenue lumpiness. Over time, a larger percentage of total sales will derive from these higher-margin channels.Palo Alto's other major growth driver is its many bolt-on acquisitions. Management hasn't been afraid to deploy capital in order to expand its product portfolio or broaden its pool of potential customers. These acquisitions have been pivotal in helping Palo Alto reach new small and medium-sized businesses.Image source: Getty Images.Bank of AmericaA fourth and final company that would be one of the smartest stocks to buy if the market plunges is money-center giant Bank of America (NYSE:BAC).Bank stocks like BofA are highly cyclical. Even though they can occasionally get caught up in the short-term emotions that weigh down stocks, they benefit immensely from the natural expansion of the U.S. and global economy over time. This allows patient investors in large bank stocks to build their wealth steadily over time. Not surprisingly, Bank of America is Warren Buffett's second-largest holding.What makes Bank of America such a perfect buy at the moment (and if the market continues to fall) is the upcoming shift in the Federal Reserve's monetary policy. With U.S. inflation hitting a 40-year high in January, the nation's central bank has no choice but to aggressively begin raising interest rates. No bank stock is more interest-sensitive than BofA. In its year-end report, the company noted that a 100-basis-point parallel shift in the interest rate yield curve would add an estimated $6.5 billion in net interest income.  In other words, the more inflation becomes an issue, the likelier BofA is to see a big boost to its bottom line.Also, as I've previously pointed out, Bank of America's digital push is really paying dividends. Over the past three years, it's added 5 million new digital active customers and seen the aggregate number of loan sales completed online or via app jump from 31% to 49%. It's far more cost-effective when customers transact digitally than in person or by phone. As consumers make this digital shift, BofA has consolidated some of its branches and lowered its expenses.","news_type":1},"isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988402829,"gmtCreate":1666800730661,"gmtModify":1676537808565,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988402829","repostId":"1129024455","repostType":4,"repost":{"id":"1129024455","pubTimestamp":1666774925,"share":"https://www.laohu8.com/m/news/1129024455?lang=&edition=full","pubTime":"2022-10-26 17:02","market":"us","language":"en","title":"Google Was Supposed to Be Wall Street’s Safe Haven, but Now It’s a Dart Board","url":"https://stock-news.laohu8.com/highlight/detail?id=1129024455","media":"MarketWatch","summary":"Continued heavy hiring in the face of an ad slowdown and revenue miss of more than $2 billion sends ","content":"<html><head></head><body><p>Continued heavy hiring in the face of an ad slowdown and revenue miss of more than $2 billion sends Alphabet stock south, and execs don&#39;t seem worried enough while piling on mosre costs</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67bbaf2ef2a69dac9b83460ba01de67f\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Signage outside Google’s Bay View campus in Mountain View, Calif. BLOOMBERG NEWS</span></p><p>It has been a rough year for companies that rely on online advertising for their revenue, but many on Wall Street believed that Alphabet Inc.’s stock was a safe haven amid the uncertainty.</p><p>Even in Big Tech, though, safety is no longer a sure thing. And Alphabet executives are learning that lesson the hard way.</p><p>Google’s parent company reported year-over-year revenue growth of 6% on Tuesday, its lowest growth rate since fears of this thing called a “pandemic” caused a brief shutdown of ad purchases back in the June quarter of 2020. Before that, you would have to go back to 2013 to find smaller revenue growth for Google.</p><p>While it is true that Google seems to be holding up better than competitors — Facebook parent Meta,which reports earnings Wednesday, already detailed its first-ever revenue decline last quarter, and Snap posted worrisome earnings last week — the search giant is still not a “safe haven,” as Baird Equity analyst Colin Sebastian dubbed it last July. Sebastian called Tuesday’s results “cloudy” and “mixed” in a brief early note to clients, as Wall Street sent Alphabet’s shares down more than 6% in after-hours trading.</p><p>“There’s no question we’re operating in an uncertain environment and that businesses big and small continue to be tested in new and different ways depending on where they are in the world,” said Philipp Schindler, chief business officer of Alphabet’s Google business.</p><p>Several factors were at play, but the biggest was a slowdown in ad spending, even on YouTube. Google’s overall ad revenue missed expectations by more than $2 billion, with most of that miss centered in the core search business, and YouTube revenue actually declined by 2% year over year.</p><p>Schindler called out financial services as especially weak for advertising — insurance, loan, mortgage and cryptocurrency ads seem to have dried up. Additionally, the stronger dollar hurt, as did a slowdown in the Google Play Store, which was a big gaming hub last year but has seen those revenues decline.</p><p>Many other Silicon Valley companies have responded to the downturn in spending by slowing down hiring, at the very least, while others have already resorted to layoffs. None of that showed up in Google’s report, though, even as top executives pledged that hiring is slowing in both the fourth quarter and in 2023.</p><p>“Our Q4 headcount additions will be significantly lower than Q2 and as we planned for 2023, we’ll continue to make important trade-offs … and are focused on moderating operating-expense growth,” Alphabet Chief Executive Sundar Pichai said at the beginning of the call.</p><p>It shouldn’t be hard for executives to slow down the pace of their hiring. Chief Financial Officer Ruth Porat said the company had hired 12,765 people in the third quarter for a total of 186,779 employees, a 24.5% increase in head count from last year. While that includes roughly 2,600 workers who came on board in the acquisition of Mandiant, Wall Street analysts clearly were annoyed at the level of spending — when one analyst asked if Alphabet had conducted any sort of quantifiable analysis to ensure that it is generating a return on investment “from all your hiring,” Pichai did not answer the question.</p><p>“It’s been clear that we’re going to moderate our base of hiring going into Q4, versus 2023,” he said. “I think we are seeing a lot of opportunities across a whole set of areas and … talent is the most precious resource, so we are constantly working to make sure everyone we’ve brought in is working on the most important things as a company.”</p><p>Porat said that head-count additions in the fourth quarter will slow to less than half of the new hires in the September quarter, but that still suggests roughly 6,000 to 6,500 new hires. That is roughly the same size as Snap’s entire workforce <i>before</i> that company laid off one in five workers earlier this year, and roughly double the number of workers employed by Pinterest Inc.</p><p>Google has always ignored the whims of Wall Street and done whatever executives wanted to do, which can work if you’re growing fast and showing strong results. But Alphabet stock is no longer a safe haven, YouTube is shrinking and advertisers are slashing budgets — it is time for Google executives to find a new approach.</p><p>And if any investors were betting on strong results from Alphabet or other online-ad companies and hoping for strong near-term results, it may be time to switch up your game as well.</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google Was Supposed to Be Wall Street’s Safe Haven, but Now It’s a Dart Board</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\">\nGoogle Was Supposed to Be Wall Street’s Safe Haven, but Now It’s a Dart Board\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-26 17:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/google-was-supposed-to-be-wall-streets-safe-haven-but-now-its-a-dart-board-11666742251?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Continued heavy hiring in the face of an ad slowdown and revenue miss of more than $2 billion sends Alphabet stock south, and execs don't seem worried enough while piling on mosre costsSignage outside...</p>\n\n<a href=\"https://www.marketwatch.com/story/google-was-supposed-to-be-wall-streets-safe-haven-but-now-its-a-dart-board-11666742251?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/google-was-supposed-to-be-wall-streets-safe-haven-but-now-its-a-dart-board-11666742251?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129024455","content_text":"Continued heavy hiring in the face of an ad slowdown and revenue miss of more than $2 billion sends Alphabet stock south, and execs don't seem worried enough while piling on mosre costsSignage outside Google’s Bay View campus in Mountain View, Calif. BLOOMBERG NEWSIt has been a rough year for companies that rely on online advertising for their revenue, but many on Wall Street believed that Alphabet Inc.’s stock was a safe haven amid the uncertainty.Even in Big Tech, though, safety is no longer a sure thing. And Alphabet executives are learning that lesson the hard way.Google’s parent company reported year-over-year revenue growth of 6% on Tuesday, its lowest growth rate since fears of this thing called a “pandemic” caused a brief shutdown of ad purchases back in the June quarter of 2020. Before that, you would have to go back to 2013 to find smaller revenue growth for Google.While it is true that Google seems to be holding up better than competitors — Facebook parent Meta,which reports earnings Wednesday, already detailed its first-ever revenue decline last quarter, and Snap posted worrisome earnings last week — the search giant is still not a “safe haven,” as Baird Equity analyst Colin Sebastian dubbed it last July. Sebastian called Tuesday’s results “cloudy” and “mixed” in a brief early note to clients, as Wall Street sent Alphabet’s shares down more than 6% in after-hours trading.“There’s no question we’re operating in an uncertain environment and that businesses big and small continue to be tested in new and different ways depending on where they are in the world,” said Philipp Schindler, chief business officer of Alphabet’s Google business.Several factors were at play, but the biggest was a slowdown in ad spending, even on YouTube. Google’s overall ad revenue missed expectations by more than $2 billion, with most of that miss centered in the core search business, and YouTube revenue actually declined by 2% year over year.Schindler called out financial services as especially weak for advertising — insurance, loan, mortgage and cryptocurrency ads seem to have dried up. Additionally, the stronger dollar hurt, as did a slowdown in the Google Play Store, which was a big gaming hub last year but has seen those revenues decline.Many other Silicon Valley companies have responded to the downturn in spending by slowing down hiring, at the very least, while others have already resorted to layoffs. None of that showed up in Google’s report, though, even as top executives pledged that hiring is slowing in both the fourth quarter and in 2023.“Our Q4 headcount additions will be significantly lower than Q2 and as we planned for 2023, we’ll continue to make important trade-offs … and are focused on moderating operating-expense growth,” Alphabet Chief Executive Sundar Pichai said at the beginning of the call.It shouldn’t be hard for executives to slow down the pace of their hiring. Chief Financial Officer Ruth Porat said the company had hired 12,765 people in the third quarter for a total of 186,779 employees, a 24.5% increase in head count from last year. While that includes roughly 2,600 workers who came on board in the acquisition of Mandiant, Wall Street analysts clearly were annoyed at the level of spending — when one analyst asked if Alphabet had conducted any sort of quantifiable analysis to ensure that it is generating a return on investment “from all your hiring,” Pichai did not answer the question.“It’s been clear that we’re going to moderate our base of hiring going into Q4, versus 2023,” he said. “I think we are seeing a lot of opportunities across a whole set of areas and … talent is the most precious resource, so we are constantly working to make sure everyone we’ve brought in is working on the most important things as a company.”Porat said that head-count additions in the fourth quarter will slow to less than half of the new hires in the September quarter, but that still suggests roughly 6,000 to 6,500 new hires. That is roughly the same size as Snap’s entire workforce before that company laid off one in five workers earlier this year, and roughly double the number of workers employed by Pinterest Inc.Google has always ignored the whims of Wall Street and done whatever executives wanted to do, which can work if you’re growing fast and showing strong results. But Alphabet stock is no longer a safe haven, YouTube is shrinking and advertisers are slashing budgets — it is time for Google executives to find a new approach.And if any investors were betting on strong results from Alphabet or other online-ad companies and hoping for strong near-term results, it may be time to switch up your game as well.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9044719100,"gmtCreate":1656815189700,"gmtModify":1676535898617,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9044719100","repostId":"2248980919","repostType":4,"repost":{"id":"2248980919","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":1656848586,"share":"https://www.laohu8.com/m/news/2248980919?lang=&edition=full","pubTime":"2022-07-03 19:43","market":"us","language":"en","title":"Tesla Q2 Deliveries Slump To 254,695 Amid Supply Chain, Pandemic Problems","url":"https://stock-news.laohu8.com/highlight/detail?id=2248980919","media":"Reuters","summary":"July 2 (Reuters) - Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second q","content":"<html><head></head><body><p>July 2 (Reuters) - Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second quarter, as a COVID-related shutdown in Shanghai hit its production and supply chain.</p><p>In the preceding quarter, the U.S. electric car maker delivered 310,048 vehicles globally.</p><p>Analysts had expected Tesla to report deliveries of 295,078 vehicles for the April to June period, according to Refinitiv data. Several analysts had slashed their estimates further to about 250,000 due to China&#39;s prolonged lockdown.</p><p>Tesla said it delivered 238,533 Model 3 compact cars and Model Y sport-utility vehicles, as well as 16,162 of its Model S and Model X vehicles to customers in the quarter.</p><p>Total production fell 15.3% to 258,580 vehicles from the first quarter. June 2022 was the highest vehicle production month in Tesla&#39;s history, the company said in a news release.</p><p><img src=\"https://static.tigerbbs.com/b06a0b120caa4763851aba5807bfe85b\" tg-width=\"1017\" tg-height=\"192\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Q2 Deliveries Slump To 254,695 Amid Supply Chain, Pandemic Problems</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q2 Deliveries Slump To 254,695 Amid Supply Chain, Pandemic Problems\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-03 19:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>July 2 (Reuters) - Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second quarter, as a COVID-related shutdown in Shanghai hit its production and supply chain.</p><p>In the preceding quarter, the U.S. electric car maker delivered 310,048 vehicles globally.</p><p>Analysts had expected Tesla to report deliveries of 295,078 vehicles for the April to June period, according to Refinitiv data. Several analysts had slashed their estimates further to about 250,000 due to China&#39;s prolonged lockdown.</p><p>Tesla said it delivered 238,533 Model 3 compact cars and Model Y sport-utility vehicles, as well as 16,162 of its Model S and Model X vehicles to customers in the quarter.</p><p>Total production fell 15.3% to 258,580 vehicles from the first quarter. June 2022 was the highest vehicle production month in Tesla&#39;s history, the company said in a news release.</p><p><img src=\"https://static.tigerbbs.com/b06a0b120caa4763851aba5807bfe85b\" tg-width=\"1017\" tg-height=\"192\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2248980919","content_text":"July 2 (Reuters) - Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second quarter, as a COVID-related shutdown in Shanghai hit its production and supply chain.In the preceding quarter, the U.S. electric car maker delivered 310,048 vehicles globally.Analysts had expected Tesla to report deliveries of 295,078 vehicles for the April to June period, according to Refinitiv data. Several analysts had slashed their estimates further to about 250,000 due to China's prolonged lockdown.Tesla said it delivered 238,533 Model 3 compact cars and Model Y sport-utility vehicles, as well as 16,162 of its Model S and Model X vehicles to customers in the quarter.Total production fell 15.3% to 258,580 vehicles from the first quarter. June 2022 was the highest vehicle production month in Tesla's history, the company said in a news release.","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045102534,"gmtCreate":1656571072128,"gmtModify":1676535856063,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045102534","repostId":"1121505043","repostType":4,"repost":{"id":"1121505043","pubTimestamp":1656561665,"share":"https://www.laohu8.com/m/news/1121505043?lang=&edition=full","pubTime":"2022-06-30 12:01","market":"us","language":"en","title":"NIO: Questions And Challenges To The Grizzly Short-Seller Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1121505043","media":"seekingalpha","summary":"SummaryShort-seller Grizzly Research has released a report outlining findings of alleged fraud by NIO on Tuesday evening.The report attempted to outline how NIO, through an unconsolidated entity, is f","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Short-seller Grizzly Research has released a report outlining findings of alleged fraud by NIO on Tuesday evening.</li><li>The report attempted to outline how NIO, through an unconsolidated entity, is falsely inflating revenue and net income pertaining to its BaaS business.</li><li>The report also accused CEO Bin Li of association with fraudulent activities in the past. The information was largely used as support for Grizzly&#39;s claims of financial manipulation at NIO.</li><li>However, we believe some of the information reported by Grizzly have been exaggerated to support its short bias against NIO. We also question the validity of some of the quantified impacts that Grizzly is claiming against NIO&#39;s BaaS operations.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/346379c1e5a1a4087e614ef0b8a18caa\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>Drew Angerer/Getty Images News</span></p><p>Grizzly Research (&#34;Grizzly&#34;) has released a short-seller report on NIO (NYSE:NIO) Tuesday morning, citing the Chinese electric vehicle (“EV”) company has engaged in the exaggeration of revenue and profitability via aggressive accounting methods and fraudulent means. In addition to outlining the allegedmeasures NIO has taken to falsely inflate its top- and bottom-line since 2020, Grizzly has also gathered extensive research in an attempt to character-assassinate NIO CEO Bin Li in order to “dot the i’s and cross the t’s” in its argument that the three core elements of fraud – opportunity, incentive and rationalization – exist in this situation for the EV maker.</p><p>While some of the findings raised in the short-seller report may raise questions that only NIO management can answer, there are also questionable and groundless arguments made by Grizzly that could significantly mislead and deceive existing and potential investors in the EV stock. The following analysis will focus on an overview of the short-seller’s core claim against NIO – namely, false inflation of revenue and net income via aggressive accounting and potentially fraudulent means – and provide a walkthrough of questions / challenges we have over the validity of some of those claims.</p><p><b>Accounting Crash Course: NIO’s BaaS Revenue Recognition Method</b></p><p>Through publicly disclosed information within NIO’s audited annual report, Grizzly had identified that NIO is frontloading and inflating revenue recognition pertaining to its battery-as-a-service (“BaaS”) sales via an unconsolidated related party.</p><p>In 2020, NIO, alongside an external consortium of investors that consist of EV battery maker CATL, Hubei Science Technology Investment Group, and a subsidiary of Fuotai Junan International Holdings Limited, have together created the joint venture “Wuhan Weineng Battery Asset Co., Ltd.,” (“Weineng”). Weineng was established in 2020, the same time when NIO’s battery lending service BaaS was introduced.</p><p>Under BaaS, NIO customers are eligible for a one-time discount of up to RMB 128,000 ($19,133) on the vehicle purchase if they opt for the battery lending subscription program instead of buying the battery with the vehicle upfront. This strategy has been an effective mean in fuelling the adoption of NIO EVs in China, especially with additional government subsidies for purchases that are compatible with battery swapping technology. All sales and costs pertaining to BaaS are managed by Weineng.</p><p>Now, the Weineng joint venture, in which NIO holds a 19.8% equity interest in, has been accounted for as an “equity-accounted investment” on the EV maker’s financial statements, given the definition of control under GAAP-based accounting has not been met (further discussed in later sections). Under GAAP-based accounting for related party transactions, “intragroup related party transactions and outstanding balances are eliminated, except for those between an investment entity and its subsidiaries measured at fair value through profit or loss, in the preparation of consolidated financial statements of the group”:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b533b2a1e657134b3b33f231c2b11f74\" tg-width=\"640\" tg-height=\"292\" referrerpolicy=\"no-referrer\"/><span>GAAP Rules on Related Party Disclosures (IAS)</span></p><p>Based on NIO’s disclosures within its audited annual report on its revenue recognition method pertaining to BaaS sales, the EV maker sells its battery packs to Weineng on a “back-to-back” basis when a vehicle is sold to a customer subscribed to BaaS:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d726db76c4884663e28c157208e5cd77\" tg-width=\"640\" tg-height=\"150\" referrerpolicy=\"no-referrer\"/><span>NIO Revenue Recognition Policy on BaaS Sales (NIO 2021 20F)</span></p><p>In compliance with GAAP-based accounting for revenue recognition, a sale is reported to the income statement when a performance obligation is satisfied. Under NIO’s affiliation with Weineng, NIO sells Weineng a battery pack when a customer buys a vehicle with BaaS subscription. The performance obligation here is that NIO needs to provide a battery pack to Weineng, and once this is satisfied, NIO is permitted to recognize revenue on the battery sale based on a pre-contracted transaction price for the performance obligation. For NIO, the battery sold would have been previously considered as inventory. Following the recognition of the battery sale, NIO would have also recorded cost of sales pertaining to removing the battery from its inventory balance on the balance sheet:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2203faf29e5b271342335935df358d86\" tg-width=\"389\" tg-height=\"208\" referrerpolicy=\"no-referrer\"/><span>Journal Entries for Battery Sales Business Model (Author)</span></p><p>In Weineng’s case, however, its performance obligation to customers is the provision of battery lending services on a monthly or annual basis, depending on the subscription option. As such, Weineng can only recognize monthly / annual BaaS revenue over time when it satisfies its battery lending obligation to customers. Weineng would also have to record depreciation costs over the useful life of its batteries, which are considered property, plant and equipment used in facilitating its service business:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4bf30456c1ff78b902edfa34d719f150\" tg-width=\"598\" tg-height=\"175\" referrerpolicy=\"no-referrer\"/><span>Journal Entries for BaaS Business Model (Author)</span></p><p>This arrangement essentially allows NIO to recognize 100% of revenues pertaining to the battery pack sold to Weineng upfront upon selling a vehicle booked on BaaS on a one-for-one basis, instead of recognizing BaaS revenue and related depreciation costs on the batteries used in the BaaS business over time. The disclosed BaaS revenue recognition method for NIO also infers that the number of battery packs sold to Weineng should be equivalent to the number of BaaS subscribers as of period-end. BaaS revenues and related costs of sales (e.g. depreciation costs on batteries) recognized over time are instead in the books of Weineng, in which NIO accounts for on its balance sheet as an equity-accounted investment.</p><p>Because Weineng is an equity-accounted investment and not a consolidated entity in which NIO controls under the definition set out by GAAP-based accounting, NIO is not required to perform intragroup eliminations pertaining to the related party transaction. Instead, it is required to disclose the relationship, as well as the related amounts if material. This information is disclosed in NIO’s 2021 20 Funder “Note 26. Related Party Balances and Transactions”. Revenue and income generated by Weineng are accounted for in NIO’s financial statements as “share of (loss) / income of equity investees” pro-rated for its non-controlling interest.</p><p><b>Grizzly’s Core Short Thesis</b></p><p>Grizzly alleges the move is a fraudulent measure taken by NIO to “exaggerate revenue and profitability”. The short-seller has accused NIO of using the accounting “loophole” to frontload battery revenues pertaining to BaaS that should have been recognized over a course of about seven years (i.e. battery discount on BaaS vehicle purchase, divided by annual BaaS subscription fee).</p><p>In addition to frontloading revenue recognition on BaaS sales, Grizzly has also identified a discrepancy between the number of active BaaS subscribers and battery packs owned by Weineng as of September 30, 2021. Grizzly found thatWeineng had ownership of 40,053 battery packs as of September 30, 2021, but only had 19,000 active BaaS subscribers during the period, which is inconsistent with NIO’s claims that it only records battery sales to Weineng on a back-to-back basis with BaaS vehicle sales. Grizzly has attributed the discrepancy as NIO’s way of artificially inflating revenues by selling more battery packs to Weineng than it needs to fulfil BaaS performance obligations.</p><p>In order to support its claim that NIO is defrauding investors via the unconsolidated related party, Grizzly has also gathered additional research in an attempt to support the three key elements of the fraudulent triangle:</p><p><b>Opportunity:</b>As mentioned in the accounting overview section, the ownership structure between NIO and Weineng is accounted for as an equity-accounted investment, which allows NIO to bypass related party transaction eliminations on its financial statements. This accordingly provides an opportunity for NIO to artificially inflate its revenues at the group level by recording sales to the equity-accounted subsidiary, without the need to back it out at period end. Under GAAP-based accounting rules on related party transactions, NIO is required to disclose material details to the relationship, in which it has complied with.</p><p>The organizational structure also provides NIO an ability to recognize BaaS revenues upfront, instead of over an extended period of time given the difference in performance obligation it owes toWeinengcompared to thoseWeineng owes to BaaS subscribers. Grizzly also claims the method has allowed NIO to bypass depreciation costs on battery assets to the tune of RMB 336 million per year.</p><p><b>Incentive:</b>Grizzly has gone through extensive measures to dig up evidence to support NIO has a valid incentive for exaggerating its revenue and profitability. Citing an agreement between NIO and a state-backed consortium which has invested in a wholly-owned subsidiary “NIO China”, which requires NIO to redeem the investment upon failure in meeting pre-established performance metrics, such as achieving revenues of RMB 120 billion by 2024. However, the publicly disclosed information per NIO’s regulatory filings does not specify whether the RMB 120 billion revenue performance metric is required on an annual basis or on a cumulative basis between the time at which the agreement was forged with the state-backed investment consortium and 2024.</p><p>Grizzly has also inferred incentive for NIO to exaggerate its top- and bottom-line as a mean to pretty its valuation prospects, and attract investors from the public market.</p><p><b>Rationalization:</b>The short-seller report lacks support for how NIO tried to rationalize the alleged fraudulent reporting behaviour. However, Grizzly has proceeded to gather evidence to bolster its claim of why the likelihood of fraud at NIO is high. These include findings about NIO CEO Li’s past association with personnel that have been previously linked to high-profile fraudulent financial reporting cases like Luckin Coffee(OTCPK:LKNCY). Grizzly has also alluded to questionable behaviour by NIO CEO Li, such as pledging a NIO-affiliated subsidiary, “NIO User Trust”, in which Li personally controls to UBS AG without directly addressing the matter to shareholders. While these findings may warrant clarification from management, there is insufficient ground to warrant a fraudulent sentence to the company.</p><p>NIO management has also refuted Grizzly’s claims, saying allegations outlined in the report are “without merit and contains numerous errors, unsupported speculations and misleading conclusions and interpretations”, and has committed to bolstering public disclosures going forward to protect shareholders’ interests. Nowhere has the company tried to outright rationalize fraudulent reporting.</p><p><b>Challenging Grizzly’s Conclusion on “Control” Established by NIO Over Weineng</b></p><p>In addition to character assassination on Li to support its claims for fraudulent reporting behaviour at NIO, Grizzly has also attempted to conclude NIO’s control over Weineng. As mentioned in earlier sections, if NIO effectively “controls” Weineng, it would have to consolidate the investment and eliminate any earnings recorded via related party transactions.</p><p>First, Grizzly has identified “conflicting disclosure” between NIO’s claim that it has “significant influence” over Weineng in one place, and NIO’s claim that it only has “limited control over the business operations” ofWeinengin another place within a same regulatory filing. However, the words “significant influence” and “control” used within NIO’s regulatory filings are defined differently under GAAP-based accounting rules from general definitions of power that everyday investors are familiar with.</p><p>Significant influence is defined as “the power to participate in the financial and operating policy decisions of the investee without the power to control or jointly control those policies” under GAAP-based accounting. Significantly influence is typically established when an “entity holds, directly or indirectly, 20% or more of voting power of the investee”. NIO’s 19.8% equity interest in Weineng is sufficient to presume its “significant influence” over the investment:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/505c64f7bc18c02131dd830e5f2a5462\" tg-width=\"640\" tg-height=\"260\" referrerpolicy=\"no-referrer\"/><span>GAAP Rules on Investments in Associates and Joint Ventures (IAS)</span></p><p>Pointing to our earlier reference to the definition of control established in GAAP-based accounting, the acquiring party only establishes “control” over the acquired party if it demonstrates three primary elements:</p><p>1. “<b>Power</b>” over the acquired entity, which is defined under GAAP as a substantive right exercised by an acquirer over the acquiree for non-protective benefits (e.g. exercising rights without the need for breach of contract or majority investor support). Based on publicly disclosed information in NIO’s regulatory filings, it only holds one of nine board seats on Weineng. There is also no mention of voting agreements that would pass on majority board and/or owner voting rights to NIO. With one of nine board seats, and a 19.8% equity interest, NIO does not exhibit power over Weineng to establish control.</p><p>2. Exposure to<i>variable returns</i>from the acquiree based on the acquirer’s involvement. NIO does not generate additional fees from Weineng based on Weineng’s performance. NIO is only exposed to Weineng’s earnings through its equity-accounted share of the investment.</p><p>As for the acquirer’s involvement in interfering with returns generated from the acquiree, Grizzly has pointed to the installation of two existing NIO executives to Weineng in management roles that include “Legal Representative and Chairman” and “General Manager and Director”. However, considering NIO’s significant influence over Weineng as defined under GAAP rules explained earlier, it is not unusual for the two parties to share employees or for NIO to “participate in the financial and operating policy decisions” of Weineng through the two shared employees. As such, NIO can account for its investment inWeinengas an equity-accounted investment, as long as “control” is not established even if it has installed employees at Weineng. Based on NIO’s failure to meet criterion 1 “power”, it already fails to establish control under GAAP rules over Weineng based on the existing ownership and voting structure disclosed in regulatory filings.</p><p>Grizzly has also alluded to the installation of two NIO executives in the daily operations of Weineng as a “major conflict of interest”. However, the auditor’s report per NIO’s audited 2021 20F states that “the company has maintained, in all material respects, effective internal control over financial reporting as of December 31, 2021, based on criteria established in<i>Internal Control – Integrated Framework</i>(2013) issued by the COSO”. The COSO framework requires that internal controls address segregation of duty requirements to ensure fair presentation of financial information without material misstatements whether due to error or fraud. As such, it is reasonable to believe that segregation of duty controls in place pertaining to the two executives’ roles in both NIO and Weineng have been tested as effective as of the reporting date.</p><p>3. The acquiring party is a<i>principal</i>in the transaction, and not an agent. Under GAAP-based accounting, an agent is “primarily engaged to act on behalf and for the benefit of another party…[and] does not control an investee when it exercises decision-making rights delegated to it”. In determining whether NIO is an agent over Weineng, the i) scope of NIO’s decision-making authority over Weineng, ii) the rights held by other investors in Weineng, iii) the remuneration in which NIO is entitled to in its affiliation with Weineng, and iv) NIO’s exposure to variability of returns from its interest in Weineng must be considered:</p><ul><li>Based on the foregoing analysis, we know that NIO’s sole decision-making authority over Weineng is limited given it only holds 19.8% equity interest with one in nine board seats in the joint venture. The two NIO executives installed in the daily operations of Weineng also do not exhibit characteristics of sole control over the joint ventures’ business.</li><li>The remainder of the investment consortium over Weineng holds the remaining eight of nine board seats, and 80.2% equity interest in the joint venture. There have also been no mention of signed-over voting rights by the investment consortium to NIO in publicly disclosed information that would give NIO control over Weineng.</li><li>In addition to battery sales, NIO is also entitled to service revenue earned from Weineng through service agreements. NIO earns revenue for providing “battery packmonitoring, maintenance, upgrade, replacement, IT system support, etc.” to Weineng via monthly service charges. As of the reporting year ended December 31, 2021, service revenues pertaining to the service agreements between NIO and Weineng were immaterial according to disclosures in “Note 2. Summary of Significant Accounting Policies”, section<i>(r) Revenue recognition</i>in the 2021 20F.</li><li>As discussed in the control assessment under criterion 2, NIO’s exposure to variability of returns in its investment in Weineng is insufficient to establish control under GAAP-based accounting.</li></ul><p><b>Challenging Grizzly’s Quantification of NIO’s Alleged Revenue and Profit Inflation</b></p><p>Grizzly believes NIO has inflated revenue and net income by “about 10% and 95%, respectively”, via its affiliation with Weineng. Grizzly’s calculations, as well as our skepticism, is outlined as follows:</p><p><b>1. Frontloaded Revenue via Battery Sales to Weineng</b></p><p><b>Grizzly’s accusation.</b>As discussed in the foregoing analysis, Grizzly identified that NIO has been recognizing battery revenues pertaining to BaaS upfront via its affiliation with Weineng. Instead of recognizing BaaS revenues over time when the service performance obligation is satisfied, NIO is able to recognize 100% of battery revenues sold to customers via BaaS subscriptions through the Weineng JV. Grizzly claims that this arrangement effectively allows NIO to pull forward seven years of BaaS revenue upfront.</p><p><b>Grizzly’s calculation of quantified impacts.</b>Considering vehicle purchase discounts ranging RMB 70,000 (70/75 kWh battery pack) to RMB 128,000 (100 kWh battery pack) upon buyer’s subscription to BaaS, Grizzly has taken the lower end of the range (i.e. RMB 70,000) as the proxy for battery pack revenues. Based on annual BaaS subscription fees at RMB 11,760 (RMB 980/mo.) for the 70 kWh battery pack, which yields a vehicle discount of RMB 70,000 with subscription to BaaS, Grizzly has assumed a BaaS revenue recognition timeline of about seven years (i.e. RMB 70,000 discount, divided by RMB 11,760 annual BaaS subscription fee, adjusted for inflation) – we consider this a reasonable assumption.</p><p>Now, as of September 30, 2021, a public regulatory filing by Weineng disclosed that it had 19,000 active BaaS subscribers. 18% of its subscription base were subscribed to the RMB 1,480/mo. 100 kWh battery pack, and 82% were subscribed to the RMB 980/mo. 70/75 kWh battery pack at the time.</p><p>Grizzly’s calculation of inflated revenues and income pertaining to NIO’s sale of 19,000 BaaS-related batteries to Weineng in the nine months ending September 30, 2021 is as follows:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/21e7d58b24ac2bde6344b4206ef9be8e\" tg-width=\"592\" tg-height=\"395\" referrerpolicy=\"no-referrer\"/><span>Grizzly&#39;s Computation of Inflated Revenue and Income Pertaining to Pulled Forward BaaS Sales (Grizzly Research)</span></p><p>As of the nine months ended September 30, 2021, NIO had generated RMB 2,796 million in revenues from the sale of batteries to Weineng (full year 2021 revenues generated from Weineng: RMB 4,138 million, 11% of total NIO 2021 revenue). Based on 19,000 active BaaS subscribers, and ownership of 40,053 battery packs owned as reported by Weineng as of September 30, 2021, Grizzly estimates that only 47% of the RMB 2,796 million in revenues generated from the sale of goods to Weineng are related to “real” BaaS sales. Essentially, Grizzly claims only RMB 1,326 million of RMB 2,796 million in sales of goods to Weineng recognized on NIO’s income statement in the nine months ended September 30, 2021 are related to real BaaS battery sales.</p><p>The RMB 1,326 million pertaining to 19,000 battery packs sold to Weineng for the number of active BaaS subscribers at the time is effectively the “upfront” revenue recognized by NIO, which should have been recognized over a course of seven years instead based on the estimated performance obligation timeline discussed in earlier sections. Without Weineng, NIO would have instead had to recognize BaaS revenues related to the 19,000 subscribers over time, which is equivalent to RMB 179 million in the nine month period ending September 30, 2021. This essentially means NIO had allegedly pulled forward RMB 1,147 million in revenues related to BaaS sales in the nine months ending September 30, 2021.</p><p>In the nine months ended September 30, 2021, NIO had reported total revenue of RMB 26,236 million and net losses of RMB 1,874 million. The RMB 1,147 million in pulled forward BaaS revenues represents 4% of total revenues recognized over the nine-month reporting period.</p><p>To generate the “adjusted” net income that NIO would have reported had Weineng never existed, Grizzly had removed RMB 1,147 million in pulled forward revenues pertaining to BaaS sales directly from actual reported net losses of RMB 1,874 million. This accordingly yields adjusted net losses of RMB 3,021 million for the nine months ending September 30, 2021 at NIO, or a variance of 61%.</p><p><b>Issue with Grizzly’s claim.</b>In Grizzly’s calculation of adjusted net losses had BaaS revenue never been pulled forward at NIO via its affiliation with Weineng, the short-seller did not add back costs of sales that NIO would have recognized when it sold the battery packs to Weineng and recorded the related revenue.</p><p>While profit margins on NIO’s battery pack sales to Weineng are not disclosed, Grizzly had used 20% as a proxy, which is “consistent with the margin of an entire vehicle [considering] batteries are a cost center for all vehicles”. Using the 20% profit margin proxy on 19,000 battery pack sales to Weineng totalling RMB 1,326 million in the nine months ending September 30, 2021, NIO would have recorded related cost of sales of RMB 1,060.9 million (i.e. 0.8% cost of revenues x RMB 1,326 million battery revenues recorded on the sale of 19,000 units to Weineng in the nine months ending September 30, 2021).</p><p>When Grizzly removed/pulled forward BaaS revenues of RMB 1,147 million from NIO’s actual net losses of RMB 1,874 million reported in the nine months ending September 30, 2021, Grizzly should have also added back related cost of sales totalling RMB 917.6 million in determining the adjusted net income reported.</p><p><b>Livy’s revised calculation of quantified impacts.</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/324a74d6eeeb60a4bd2da9251d4d6ed8\" tg-width=\"640\" tg-height=\"416\" referrerpolicy=\"no-referrer\"/><span>Livy&#39;s Computation of Revenue and Income Variances Pertaining to NIO&#39;s Alleged Frontloading of BaaS Sales (Author)</span></p><p>The above revised net income adjustment backs out alleged pulled forward BaaS revenues by NIO through its affiliation with Weineng from actual net losses reported by NIO in the nine months ending September 30, 2021. The orange-highlighted cells represent the incremental cost of sales pertaining to pulled forward BaaS revenues that should have been added back to adjusted net income in order to represent a fair representation of NIO’s adjusted net losses for the nine months ending September 30, 2021 if Weineng never existed and the EV maker had to recognize BaaS revenues over time. This adjustment accordingly reduces the variance of 61% from Grizzly’s calculation of adjusted net losses, to 12% – a material difference that, like Grizzly is accusing NIO of doing, misleads investors on the matter discussed.</p><p><b>2. Revenues from Oversupplied Batteries to Weineng</b></p><p><b>Grizzly’s accusation.</b>Based on NIO’s revenue recognition method on BaaS sales, the number of battery packs sold to Weineng should be equivalent to the number of vehicle buyers that have subscribed to BaaS at the time of purchase. Based on 19,000 active BaaS subscribers reported by Weineng as of September 30, 2021, it is easy to assume that NIO should have only sold 19,000 battery packs to Weineng in the nine months ending September 30, 2021 as well to comply with the EV maker’s revenue recognition method on BaaS sales outlined in its 2021 20F.</p><p>However, Weineng had reported ownership of 40,053 battery packs as of September 30, 2021, which exceeds its active subscriber base of 19,000 by 21,053 units. As such, Grizzly has accused NIO of intentionally overselling battery packs to Weineng to inflate revenues.</p><p>While the discrepancy is indeed a question for management, Grizzly had cited that there is no need for Weineng to hold that many additional battery packs, even for operational purposes. Grizzly had gone on to explain its field work done at NIO Power Swap stations to verify that there is no difference between BaaS battery packs owned by Weineng and battery packs used in swap stations owned by NIO. However, we believe the additional field work is a moot point, considering NIO Power Swap operations are not related to Weineng. Weineng only facilitates NIO’s BaaS battery lending business, and nothing else – Grizzly did not even have to go out of its way to check on NIO’s Power Swap stations and hold conversations with sales staff at NIO’s car centers.</p><p><b>Livy’s response.</b>While the number of battery packs owned by Weineng should essentially be equivalent to the number of active BaaS subscribers, there is a possibility that a total of 40,053 NIO vehicle sales between 2020 when BaaS was established and September 30, 2021 had subscribed to BaaS. Perhaps, as of reporting date on September 30, 2021, there were 21,053 BaaS subscribers that have halted monthly subscriptions, which is not surprising given the third quarter is not a typical driving season, and there is a possibility that these NIO vehicle owners did not need to use their vehicles during the period.</p><p>Grizzly has also supported its claim that NIO oversupplied battery packs to Weineng to intentionally inflate revenues by saying that Weineng has no storage facility to store its 21,053 excess battery packs as of September 30, 2021. However, we do not find this surprising, as BaaS subscribers that have halted monthly subscriptions might be holding onto the emptied battery packs on consignment or have returned them to a NIO servicing center where NIO has held onto these Weineng-owned battery packs on consignment. The lack of battery pack storage facility owned by Weineng does not conclude that its ownership of the excess battery packs is fraudulent and made up.</p><p>There can be many reasons why a discrepancy exists between the number of active BaaS subscribers and battery packs owned by Weineng at the end of a reporting period. The above are just two assumptions that could invalidate Grizzly’s accusation (which is also an assumption). The real answer to the discrepancy can only be explained by NIO and Weineng management.</p><p><b>Grizzly’s calculation of quantified impacts.</b>In determining the inflated revenue and earnings specific to the allegedly oversupplied battery packs from NIO to Weineng, Grizzly had performed the following calculations:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a2497da8272eec2b6020c07b7ee06b1f\" tg-width=\"580\" tg-height=\"420\" referrerpolicy=\"no-referrer\"/><span>Grizzly&#39;s Computation of Revenue and Net Income Variances Pertaining to Oversupplied Batteries (Grizzly Research)</span></p><p>In deriving the inflated revenues related to the allegedly oversupplied battery packs, Grizzly had determined the percentage of battery packs owned by Weineng as of September 30, 2021 that were in excess to its active subscriber base as 53% (i.e. 21,053 excess battery packs, divided by 40,053 battery packs owned by Weineng as of September 30, 2021). The percentage was applied to total revenue recognized by NIO pertaining to the sale of battery packs to Weineng in the nine months ending September 30, 2021, resulting in oversold battery revenues of RMB 1,470 million (i.e. 53% oversold batteries x RMB 2,796 million in related party revenues from Weineng recorded by NIO for the nine months ending September 30, 2021).</p><p>In the nine months ended September 30, 2021, NIO had reported total revenue of RMB 26,236 million and net losses of RMB 1,874 million. The RMB 1,470 million in oversold battery revenue represents 6% of total NIO revenues recognized over the nine-month reporting period.</p><p>Considering Grizzly’s 20% profit margin assumption on battery pack sales as discussed in earlier sections, the oversold battery packs to Weineng would have generated net income of RMB 294 million in the nine months ending September 30, 2021. As such, backing out RMB 294 million in overstated profits back to NIO’s actual reported net losses of RMB 1,874 million in the nine-month period ending September 30, 2021 would have yield adjusted net losses of RMB 2,168 million, representing a variance of 16%.</p><p>We have no issues with this calculation performed by Grizzly, other than concerns over the short-seller’s claims that these 20,053 battery packs were intentionally “oversold” by NIO to Weineng to artificially boost revenues.</p><p><b>3. Shifting Depreciation Costs</b></p><p><b>Grizzly’s Accusations.</b>Grizzly has accused NIO of indirectly shifting depreciation costs on the battery packs sold to Weineng, saving the EV maker north of RMB 336 million in depreciation expense on an annual basis.</p><p>Specifically, Grizzly has assumed a 20% profit margin on NIO’s battery sales totalling RMB 2,796 million generated from Weineng in the nine months ending September 30, 2021. This represents battery assets valued at a cost basis of RMB 2.25 billion (i.e. 80% cost x RMB 2,796 in battery sales to Weineng, adjusted for minor rounding differences) removed from the EV maker’s balance sheet over the same period.</p><p>Based on the five to eight years useful life attributable to equipment, including battery packs, used in NIO’s Power Swap business as disclosed in its 2021 20F, Grizzly has assumed an annual depreciation rate of about 15% on the battery packs sold to Weineng and removed from NIO’s balance sheet in the nine months ending September 30, 2021. This is consistent with the assumed BaaS revenue recognition timeline of about seven years as discussed in earlier sections. As such, Grizzly has accused NIO of avoiding depreciation costs of RMB 336 million (i.e. 15% battery depreciation rate x RMB 2,796 million in battery pack sales to Weineng) in the nine months ending September 30, 2021. The short-seller has also alluded to the RMB 336 million as a proxy for annual depreciation costs that NIO has avoided via its arrangement with Weineng.</p><p><b>Issue with Grizzly’s claim.</b>There are two folds to this situation:</p><p><b>1. BaaS Business Model:</b>Under the BaaS business model, the battery packs are considered equipment used in facilitating a service business. As such, the related battery packs would be subjected to depreciation over its useful life. In NIO’s case, if Weineng never existed and the EV maker consolidates its BaaS business, NIO would have had to recognized BaaS revenues pertaining to the 19,000 battery packs that Grizzly has attributed to the BaaS business over seven years, and accordingly record depreciation costs on these battery packs as well over their useful lives of about seven years. As mentioned in earlier sections, the related journal entries under the BaaS business model is as follows:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e89611dda7a7e83881997628fe7aae3\" tg-width=\"640\" tg-height=\"187\" referrerpolicy=\"no-referrer\"/><span>Journal Entries for BaaS Business Model (Author)</span></p><p><b>2. Battery Sales Business Model:</b>in the current situation where NIO has sold the battery packs to Weineng, the battery packs are considered inventory to NIO. There is no depreciation costs related to inventory under GAAP-based accounting. Instead, NIO needs to record the costs of this inventory when they are removed from its balance sheet once the sale is recognized. As mentioned in earlier sections, the related journal entries under the battery sale business model is as follows:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2203faf29e5b271342335935df358d86\" tg-width=\"389\" tg-height=\"208\" referrerpolicy=\"no-referrer\"/><span>Journal Entries for Battery Sales Business Model (Author)</span></p><p>Now, in NIO’s current actual situation, it is engaged in a battery sales business model under its performance obligation to Weineng, while Weineng is engaged in a BaaS business model under its performance obligation to BaaS subscribers.</p><p>As discussed in our first challenge to Grizzly’s calculations pertaining to pulled forward revenue on BaaS battery sales to Weineng, NIO would have recorded costs of sales pertaining to the sold battery inventory when it recognized the related revenues. And this cost of sales number, based on a 20% profit margin assumption consistent with that used by Grizzly, would have accounted for the costs of battery inventory removed from NIO’s balance sheet upon completion of the sale to Weineng. This is consistent with Grizzly’s own calculation pertaining to profit margins on the battery packs that it alleges NIO had oversupplied to Weineng, which is inclusive of cost of sales related to written off inventory incurred by NIO upon recognition of related revenues.</p><p>If NIO was engaged in the BaaS business model itself, without the intervention of Weineng, it would have recognized depreciation at a rate of 15% per year on the battery packs. However, under the upfront sale of related battery packs to Weineng, NIO would have recorded related cost of sales at an upfront rate of 80% as well. So basically, instead of recording revenues and depreciation costs on battery packs over time, NIO essentially recorded revenues and battery inventory costs upfront under its current arrangement with Weineng.</p><p><b>Grizzly’s calculation of quantified impacts.</b>Grizzly’s accusation that NIO has overstated revenues and earnings by 10% and 95%, respectively, through its affiliation with Weineng is calculated as follows:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96f972c8d488406cd690b0672265e62b\" tg-width=\"576\" tg-height=\"498\" referrerpolicy=\"no-referrer\"/><span>Grizzly&#39;s Computation of Total Revenue and Income Inflation (Grizzly Research)</span></p><p>As discussed in earlier sections, NIO’s pulled forward BaaS revenues and inflated battery sales revenues via its affiliation with Weineng represent 4% and 6% of its total revenues, respectively, recognized in the nine months ending September 30, 2021. This represents the 10% in inflated NIO revenues as Grizzly has outlined in the above calculation.</p><p><b>Livy’s revised calculation of quantified impacts.</b>While we have yet to reconcile the RMB 1,777 million in total inflated net income that Grizzly has accused NIO of recognizing (please let us know in comments if you know), we believe the 95% variance identified by Grizzly is not a fair presentation of the quantified impact of its core short thesis.</p><p>Our calculation of the quantified impact pertaining to Grizzly’s accusations that NIO has inflated revenue and earnings through (1) pulling forward BaaS sales, and (2) oversupplying batteries to Weineng, is as follows:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1ffe9833bb562f66e5365e077d7741d4\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>Livy&#39;s Computation of Alleged Overstatements Related to Alleged Frontloading of BaaS Revenue (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/230a54833c34b3a9920a03524c28e960\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Livy&#39;s Computation of Alleged Overstatements Pertaining to Alleged Overselling of Battery Supplies (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ccf9a3a0482b46cee102e66d5137113f\" tg-width=\"640\" tg-height=\"220\" referrerpolicy=\"no-referrer\"/><span>Livy&#39;s Computation of Alleged Revenue Overstatement (Author)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c7ec5a61d7fd491aec81d9a48a92020\" tg-width=\"640\" tg-height=\"188\" referrerpolicy=\"no-referrer\"/><span>Livy&#39;s Computation of Alleged Overstatement in Net Income (Author)</span></p><p>Under Grizzly’s accusations of inflated revenue and earnings by NIO through its affiliation with Weineng, if found valid (which we remain skeptical of), NIO would have overstated net losses in the nine months ending September 30, 2021 by 28% instead of the 95% that Grizzly alleges – a material difference that again misleads investors on the estimated quantified impact pertaining to the accusations claimed by the short-seller. The net income variance of RMB 523 million ($78 million) found in our calculation is also immaterial (&lt; 1%) based on NIO’s market value of $58.38 billion as of September 30, 2021 and NIO’s market value of approximately $35 billion today.</p><p><b>Final Thoughts</b></p><p>As discussed in the introduction of this analysis, Grizzly had also touched on things like NIO CEO Li’s association with fraudulent personnel, the pledge of NIO User Trust to UBS AG, and conflict of interests to further support its argument that NIO is engaged in fraudulent financial reporting. However, these are groundless allegations that have yet to be substantiated to infer Li is committing fraud via NIO’s operations. While investors should always exercise professional skepticism on publicly disclosed information in regulatory filings when making investment decisions, the same skepticism should also be placed on external claims – such as those by the short-seller, commentary by external sources, and/or even commentary herein – especially if they argue that correlation = causation (e.g. Grizzly’s method in inferring that fraud at NIO is substantiated given “dirt” it has dug up on Li’s past).</p><p>While we agree that there are some good takeaways from the short-seller report that may require further clarification from management, it is important to recognize and acknowledge that a lot of it might also be misleading – or in the words of Grizzly, “exaggerated”. This is also consistent with NIO’s stock performance during Tuesday and Wednesday’s session following release of the short-seller report. The stock has largely moved in consistency with the ongoing market rout, and broad-based selloff across the EV sector, with no extreme deviation due to the negative headline from Grizzly, which indicates that market participants, especially significant shareholders in NIO, are still digesting the latest external allegations.</p><p>At the end of the day, NIO remains one of the most viable EV businesses in the emerging sector, with continued demand for its vehicles to support further growth over the long-run. Unlike some of the upstarts in the increasingly competitive EV landscape that have been accused of fraud, such as Nikola (NKLA), Lordstown Motors (RIDE), and Faraday Future (FFIE), NIO already operates a global business with a substantiated vehicle order book to support the bulk of its top- and bottom-line expansion, which continues to support its positive valuation prospects ahead.</p><p>This article was written by Livy Investment Research</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>NIO: Questions And Challenges To The Grizzly Short-Seller Report</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\">\nNIO: Questions And Challenges To The Grizzly Short-Seller Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-30 12:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4521053-nio-questions-and-challenges-to-the-grizzly-short-seller-report?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryShort-seller Grizzly Research has released a report outlining findings of alleged fraud by NIO on Tuesday evening.The report attempted to outline how NIO, through an unconsolidated entity, is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4521053-nio-questions-and-challenges-to-the-grizzly-short-seller-report?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来","09866":"蔚来-SW"},"source_url":"https://seekingalpha.com/article/4521053-nio-questions-and-challenges-to-the-grizzly-short-seller-report?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1121505043","content_text":"SummaryShort-seller Grizzly Research has released a report outlining findings of alleged fraud by NIO on Tuesday evening.The report attempted to outline how NIO, through an unconsolidated entity, is falsely inflating revenue and net income pertaining to its BaaS business.The report also accused CEO Bin Li of association with fraudulent activities in the past. The information was largely used as support for Grizzly's claims of financial manipulation at NIO.However, we believe some of the information reported by Grizzly have been exaggerated to support its short bias against NIO. We also question the validity of some of the quantified impacts that Grizzly is claiming against NIO's BaaS operations.Drew Angerer/Getty Images NewsGrizzly Research (\"Grizzly\") has released a short-seller report on NIO (NYSE:NIO) Tuesday morning, citing the Chinese electric vehicle (“EV”) company has engaged in the exaggeration of revenue and profitability via aggressive accounting methods and fraudulent means. In addition to outlining the allegedmeasures NIO has taken to falsely inflate its top- and bottom-line since 2020, Grizzly has also gathered extensive research in an attempt to character-assassinate NIO CEO Bin Li in order to “dot the i’s and cross the t’s” in its argument that the three core elements of fraud – opportunity, incentive and rationalization – exist in this situation for the EV maker.While some of the findings raised in the short-seller report may raise questions that only NIO management can answer, there are also questionable and groundless arguments made by Grizzly that could significantly mislead and deceive existing and potential investors in the EV stock. The following analysis will focus on an overview of the short-seller’s core claim against NIO – namely, false inflation of revenue and net income via aggressive accounting and potentially fraudulent means – and provide a walkthrough of questions / challenges we have over the validity of some of those claims.Accounting Crash Course: NIO’s BaaS Revenue Recognition MethodThrough publicly disclosed information within NIO’s audited annual report, Grizzly had identified that NIO is frontloading and inflating revenue recognition pertaining to its battery-as-a-service (“BaaS”) sales via an unconsolidated related party.In 2020, NIO, alongside an external consortium of investors that consist of EV battery maker CATL, Hubei Science Technology Investment Group, and a subsidiary of Fuotai Junan International Holdings Limited, have together created the joint venture “Wuhan Weineng Battery Asset Co., Ltd.,” (“Weineng”). Weineng was established in 2020, the same time when NIO’s battery lending service BaaS was introduced.Under BaaS, NIO customers are eligible for a one-time discount of up to RMB 128,000 ($19,133) on the vehicle purchase if they opt for the battery lending subscription program instead of buying the battery with the vehicle upfront. This strategy has been an effective mean in fuelling the adoption of NIO EVs in China, especially with additional government subsidies for purchases that are compatible with battery swapping technology. All sales and costs pertaining to BaaS are managed by Weineng.Now, the Weineng joint venture, in which NIO holds a 19.8% equity interest in, has been accounted for as an “equity-accounted investment” on the EV maker’s financial statements, given the definition of control under GAAP-based accounting has not been met (further discussed in later sections). Under GAAP-based accounting for related party transactions, “intragroup related party transactions and outstanding balances are eliminated, except for those between an investment entity and its subsidiaries measured at fair value through profit or loss, in the preparation of consolidated financial statements of the group”:GAAP Rules on Related Party Disclosures (IAS)Based on NIO’s disclosures within its audited annual report on its revenue recognition method pertaining to BaaS sales, the EV maker sells its battery packs to Weineng on a “back-to-back” basis when a vehicle is sold to a customer subscribed to BaaS:NIO Revenue Recognition Policy on BaaS Sales (NIO 2021 20F)In compliance with GAAP-based accounting for revenue recognition, a sale is reported to the income statement when a performance obligation is satisfied. Under NIO’s affiliation with Weineng, NIO sells Weineng a battery pack when a customer buys a vehicle with BaaS subscription. The performance obligation here is that NIO needs to provide a battery pack to Weineng, and once this is satisfied, NIO is permitted to recognize revenue on the battery sale based on a pre-contracted transaction price for the performance obligation. For NIO, the battery sold would have been previously considered as inventory. Following the recognition of the battery sale, NIO would have also recorded cost of sales pertaining to removing the battery from its inventory balance on the balance sheet:Journal Entries for Battery Sales Business Model (Author)In Weineng’s case, however, its performance obligation to customers is the provision of battery lending services on a monthly or annual basis, depending on the subscription option. As such, Weineng can only recognize monthly / annual BaaS revenue over time when it satisfies its battery lending obligation to customers. Weineng would also have to record depreciation costs over the useful life of its batteries, which are considered property, plant and equipment used in facilitating its service business:Journal Entries for BaaS Business Model (Author)This arrangement essentially allows NIO to recognize 100% of revenues pertaining to the battery pack sold to Weineng upfront upon selling a vehicle booked on BaaS on a one-for-one basis, instead of recognizing BaaS revenue and related depreciation costs on the batteries used in the BaaS business over time. The disclosed BaaS revenue recognition method for NIO also infers that the number of battery packs sold to Weineng should be equivalent to the number of BaaS subscribers as of period-end. BaaS revenues and related costs of sales (e.g. depreciation costs on batteries) recognized over time are instead in the books of Weineng, in which NIO accounts for on its balance sheet as an equity-accounted investment.Because Weineng is an equity-accounted investment and not a consolidated entity in which NIO controls under the definition set out by GAAP-based accounting, NIO is not required to perform intragroup eliminations pertaining to the related party transaction. Instead, it is required to disclose the relationship, as well as the related amounts if material. This information is disclosed in NIO’s 2021 20 Funder “Note 26. Related Party Balances and Transactions”. Revenue and income generated by Weineng are accounted for in NIO’s financial statements as “share of (loss) / income of equity investees” pro-rated for its non-controlling interest.Grizzly’s Core Short ThesisGrizzly alleges the move is a fraudulent measure taken by NIO to “exaggerate revenue and profitability”. The short-seller has accused NIO of using the accounting “loophole” to frontload battery revenues pertaining to BaaS that should have been recognized over a course of about seven years (i.e. battery discount on BaaS vehicle purchase, divided by annual BaaS subscription fee).In addition to frontloading revenue recognition on BaaS sales, Grizzly has also identified a discrepancy between the number of active BaaS subscribers and battery packs owned by Weineng as of September 30, 2021. Grizzly found thatWeineng had ownership of 40,053 battery packs as of September 30, 2021, but only had 19,000 active BaaS subscribers during the period, which is inconsistent with NIO’s claims that it only records battery sales to Weineng on a back-to-back basis with BaaS vehicle sales. Grizzly has attributed the discrepancy as NIO’s way of artificially inflating revenues by selling more battery packs to Weineng than it needs to fulfil BaaS performance obligations.In order to support its claim that NIO is defrauding investors via the unconsolidated related party, Grizzly has also gathered additional research in an attempt to support the three key elements of the fraudulent triangle:Opportunity:As mentioned in the accounting overview section, the ownership structure between NIO and Weineng is accounted for as an equity-accounted investment, which allows NIO to bypass related party transaction eliminations on its financial statements. This accordingly provides an opportunity for NIO to artificially inflate its revenues at the group level by recording sales to the equity-accounted subsidiary, without the need to back it out at period end. Under GAAP-based accounting rules on related party transactions, NIO is required to disclose material details to the relationship, in which it has complied with.The organizational structure also provides NIO an ability to recognize BaaS revenues upfront, instead of over an extended period of time given the difference in performance obligation it owes toWeinengcompared to thoseWeineng owes to BaaS subscribers. Grizzly also claims the method has allowed NIO to bypass depreciation costs on battery assets to the tune of RMB 336 million per year.Incentive:Grizzly has gone through extensive measures to dig up evidence to support NIO has a valid incentive for exaggerating its revenue and profitability. Citing an agreement between NIO and a state-backed consortium which has invested in a wholly-owned subsidiary “NIO China”, which requires NIO to redeem the investment upon failure in meeting pre-established performance metrics, such as achieving revenues of RMB 120 billion by 2024. However, the publicly disclosed information per NIO’s regulatory filings does not specify whether the RMB 120 billion revenue performance metric is required on an annual basis or on a cumulative basis between the time at which the agreement was forged with the state-backed investment consortium and 2024.Grizzly has also inferred incentive for NIO to exaggerate its top- and bottom-line as a mean to pretty its valuation prospects, and attract investors from the public market.Rationalization:The short-seller report lacks support for how NIO tried to rationalize the alleged fraudulent reporting behaviour. However, Grizzly has proceeded to gather evidence to bolster its claim of why the likelihood of fraud at NIO is high. These include findings about NIO CEO Li’s past association with personnel that have been previously linked to high-profile fraudulent financial reporting cases like Luckin Coffee(OTCPK:LKNCY). Grizzly has also alluded to questionable behaviour by NIO CEO Li, such as pledging a NIO-affiliated subsidiary, “NIO User Trust”, in which Li personally controls to UBS AG without directly addressing the matter to shareholders. While these findings may warrant clarification from management, there is insufficient ground to warrant a fraudulent sentence to the company.NIO management has also refuted Grizzly’s claims, saying allegations outlined in the report are “without merit and contains numerous errors, unsupported speculations and misleading conclusions and interpretations”, and has committed to bolstering public disclosures going forward to protect shareholders’ interests. Nowhere has the company tried to outright rationalize fraudulent reporting.Challenging Grizzly’s Conclusion on “Control” Established by NIO Over WeinengIn addition to character assassination on Li to support its claims for fraudulent reporting behaviour at NIO, Grizzly has also attempted to conclude NIO’s control over Weineng. As mentioned in earlier sections, if NIO effectively “controls” Weineng, it would have to consolidate the investment and eliminate any earnings recorded via related party transactions.First, Grizzly has identified “conflicting disclosure” between NIO’s claim that it has “significant influence” over Weineng in one place, and NIO’s claim that it only has “limited control over the business operations” ofWeinengin another place within a same regulatory filing. However, the words “significant influence” and “control” used within NIO’s regulatory filings are defined differently under GAAP-based accounting rules from general definitions of power that everyday investors are familiar with.Significant influence is defined as “the power to participate in the financial and operating policy decisions of the investee without the power to control or jointly control those policies” under GAAP-based accounting. Significantly influence is typically established when an “entity holds, directly or indirectly, 20% or more of voting power of the investee”. NIO’s 19.8% equity interest in Weineng is sufficient to presume its “significant influence” over the investment:GAAP Rules on Investments in Associates and Joint Ventures (IAS)Pointing to our earlier reference to the definition of control established in GAAP-based accounting, the acquiring party only establishes “control” over the acquired party if it demonstrates three primary elements:1. “Power” over the acquired entity, which is defined under GAAP as a substantive right exercised by an acquirer over the acquiree for non-protective benefits (e.g. exercising rights without the need for breach of contract or majority investor support). Based on publicly disclosed information in NIO’s regulatory filings, it only holds one of nine board seats on Weineng. There is also no mention of voting agreements that would pass on majority board and/or owner voting rights to NIO. With one of nine board seats, and a 19.8% equity interest, NIO does not exhibit power over Weineng to establish control.2. Exposure tovariable returnsfrom the acquiree based on the acquirer’s involvement. NIO does not generate additional fees from Weineng based on Weineng’s performance. NIO is only exposed to Weineng’s earnings through its equity-accounted share of the investment.As for the acquirer’s involvement in interfering with returns generated from the acquiree, Grizzly has pointed to the installation of two existing NIO executives to Weineng in management roles that include “Legal Representative and Chairman” and “General Manager and Director”. However, considering NIO’s significant influence over Weineng as defined under GAAP rules explained earlier, it is not unusual for the two parties to share employees or for NIO to “participate in the financial and operating policy decisions” of Weineng through the two shared employees. As such, NIO can account for its investment inWeinengas an equity-accounted investment, as long as “control” is not established even if it has installed employees at Weineng. Based on NIO’s failure to meet criterion 1 “power”, it already fails to establish control under GAAP rules over Weineng based on the existing ownership and voting structure disclosed in regulatory filings.Grizzly has also alluded to the installation of two NIO executives in the daily operations of Weineng as a “major conflict of interest”. However, the auditor’s report per NIO’s audited 2021 20F states that “the company has maintained, in all material respects, effective internal control over financial reporting as of December 31, 2021, based on criteria established inInternal Control – Integrated Framework(2013) issued by the COSO”. The COSO framework requires that internal controls address segregation of duty requirements to ensure fair presentation of financial information without material misstatements whether due to error or fraud. As such, it is reasonable to believe that segregation of duty controls in place pertaining to the two executives’ roles in both NIO and Weineng have been tested as effective as of the reporting date.3. The acquiring party is aprincipalin the transaction, and not an agent. Under GAAP-based accounting, an agent is “primarily engaged to act on behalf and for the benefit of another party…[and] does not control an investee when it exercises decision-making rights delegated to it”. In determining whether NIO is an agent over Weineng, the i) scope of NIO’s decision-making authority over Weineng, ii) the rights held by other investors in Weineng, iii) the remuneration in which NIO is entitled to in its affiliation with Weineng, and iv) NIO’s exposure to variability of returns from its interest in Weineng must be considered:Based on the foregoing analysis, we know that NIO’s sole decision-making authority over Weineng is limited given it only holds 19.8% equity interest with one in nine board seats in the joint venture. The two NIO executives installed in the daily operations of Weineng also do not exhibit characteristics of sole control over the joint ventures’ business.The remainder of the investment consortium over Weineng holds the remaining eight of nine board seats, and 80.2% equity interest in the joint venture. There have also been no mention of signed-over voting rights by the investment consortium to NIO in publicly disclosed information that would give NIO control over Weineng.In addition to battery sales, NIO is also entitled to service revenue earned from Weineng through service agreements. NIO earns revenue for providing “battery packmonitoring, maintenance, upgrade, replacement, IT system support, etc.” to Weineng via monthly service charges. As of the reporting year ended December 31, 2021, service revenues pertaining to the service agreements between NIO and Weineng were immaterial according to disclosures in “Note 2. Summary of Significant Accounting Policies”, section(r) Revenue recognitionin the 2021 20F.As discussed in the control assessment under criterion 2, NIO’s exposure to variability of returns in its investment in Weineng is insufficient to establish control under GAAP-based accounting.Challenging Grizzly’s Quantification of NIO’s Alleged Revenue and Profit InflationGrizzly believes NIO has inflated revenue and net income by “about 10% and 95%, respectively”, via its affiliation with Weineng. Grizzly’s calculations, as well as our skepticism, is outlined as follows:1. Frontloaded Revenue via Battery Sales to WeinengGrizzly’s accusation.As discussed in the foregoing analysis, Grizzly identified that NIO has been recognizing battery revenues pertaining to BaaS upfront via its affiliation with Weineng. Instead of recognizing BaaS revenues over time when the service performance obligation is satisfied, NIO is able to recognize 100% of battery revenues sold to customers via BaaS subscriptions through the Weineng JV. Grizzly claims that this arrangement effectively allows NIO to pull forward seven years of BaaS revenue upfront.Grizzly’s calculation of quantified impacts.Considering vehicle purchase discounts ranging RMB 70,000 (70/75 kWh battery pack) to RMB 128,000 (100 kWh battery pack) upon buyer’s subscription to BaaS, Grizzly has taken the lower end of the range (i.e. RMB 70,000) as the proxy for battery pack revenues. Based on annual BaaS subscription fees at RMB 11,760 (RMB 980/mo.) for the 70 kWh battery pack, which yields a vehicle discount of RMB 70,000 with subscription to BaaS, Grizzly has assumed a BaaS revenue recognition timeline of about seven years (i.e. RMB 70,000 discount, divided by RMB 11,760 annual BaaS subscription fee, adjusted for inflation) – we consider this a reasonable assumption.Now, as of September 30, 2021, a public regulatory filing by Weineng disclosed that it had 19,000 active BaaS subscribers. 18% of its subscription base were subscribed to the RMB 1,480/mo. 100 kWh battery pack, and 82% were subscribed to the RMB 980/mo. 70/75 kWh battery pack at the time.Grizzly’s calculation of inflated revenues and income pertaining to NIO’s sale of 19,000 BaaS-related batteries to Weineng in the nine months ending September 30, 2021 is as follows:Grizzly's Computation of Inflated Revenue and Income Pertaining to Pulled Forward BaaS Sales (Grizzly Research)As of the nine months ended September 30, 2021, NIO had generated RMB 2,796 million in revenues from the sale of batteries to Weineng (full year 2021 revenues generated from Weineng: RMB 4,138 million, 11% of total NIO 2021 revenue). Based on 19,000 active BaaS subscribers, and ownership of 40,053 battery packs owned as reported by Weineng as of September 30, 2021, Grizzly estimates that only 47% of the RMB 2,796 million in revenues generated from the sale of goods to Weineng are related to “real” BaaS sales. Essentially, Grizzly claims only RMB 1,326 million of RMB 2,796 million in sales of goods to Weineng recognized on NIO’s income statement in the nine months ended September 30, 2021 are related to real BaaS battery sales.The RMB 1,326 million pertaining to 19,000 battery packs sold to Weineng for the number of active BaaS subscribers at the time is effectively the “upfront” revenue recognized by NIO, which should have been recognized over a course of seven years instead based on the estimated performance obligation timeline discussed in earlier sections. Without Weineng, NIO would have instead had to recognize BaaS revenues related to the 19,000 subscribers over time, which is equivalent to RMB 179 million in the nine month period ending September 30, 2021. This essentially means NIO had allegedly pulled forward RMB 1,147 million in revenues related to BaaS sales in the nine months ending September 30, 2021.In the nine months ended September 30, 2021, NIO had reported total revenue of RMB 26,236 million and net losses of RMB 1,874 million. The RMB 1,147 million in pulled forward BaaS revenues represents 4% of total revenues recognized over the nine-month reporting period.To generate the “adjusted” net income that NIO would have reported had Weineng never existed, Grizzly had removed RMB 1,147 million in pulled forward revenues pertaining to BaaS sales directly from actual reported net losses of RMB 1,874 million. This accordingly yields adjusted net losses of RMB 3,021 million for the nine months ending September 30, 2021 at NIO, or a variance of 61%.Issue with Grizzly’s claim.In Grizzly’s calculation of adjusted net losses had BaaS revenue never been pulled forward at NIO via its affiliation with Weineng, the short-seller did not add back costs of sales that NIO would have recognized when it sold the battery packs to Weineng and recorded the related revenue.While profit margins on NIO’s battery pack sales to Weineng are not disclosed, Grizzly had used 20% as a proxy, which is “consistent with the margin of an entire vehicle [considering] batteries are a cost center for all vehicles”. Using the 20% profit margin proxy on 19,000 battery pack sales to Weineng totalling RMB 1,326 million in the nine months ending September 30, 2021, NIO would have recorded related cost of sales of RMB 1,060.9 million (i.e. 0.8% cost of revenues x RMB 1,326 million battery revenues recorded on the sale of 19,000 units to Weineng in the nine months ending September 30, 2021).When Grizzly removed/pulled forward BaaS revenues of RMB 1,147 million from NIO’s actual net losses of RMB 1,874 million reported in the nine months ending September 30, 2021, Grizzly should have also added back related cost of sales totalling RMB 917.6 million in determining the adjusted net income reported.Livy’s revised calculation of quantified impacts.Livy's Computation of Revenue and Income Variances Pertaining to NIO's Alleged Frontloading of BaaS Sales (Author)The above revised net income adjustment backs out alleged pulled forward BaaS revenues by NIO through its affiliation with Weineng from actual net losses reported by NIO in the nine months ending September 30, 2021. The orange-highlighted cells represent the incremental cost of sales pertaining to pulled forward BaaS revenues that should have been added back to adjusted net income in order to represent a fair representation of NIO’s adjusted net losses for the nine months ending September 30, 2021 if Weineng never existed and the EV maker had to recognize BaaS revenues over time. This adjustment accordingly reduces the variance of 61% from Grizzly’s calculation of adjusted net losses, to 12% – a material difference that, like Grizzly is accusing NIO of doing, misleads investors on the matter discussed.2. Revenues from Oversupplied Batteries to WeinengGrizzly’s accusation.Based on NIO’s revenue recognition method on BaaS sales, the number of battery packs sold to Weineng should be equivalent to the number of vehicle buyers that have subscribed to BaaS at the time of purchase. Based on 19,000 active BaaS subscribers reported by Weineng as of September 30, 2021, it is easy to assume that NIO should have only sold 19,000 battery packs to Weineng in the nine months ending September 30, 2021 as well to comply with the EV maker’s revenue recognition method on BaaS sales outlined in its 2021 20F.However, Weineng had reported ownership of 40,053 battery packs as of September 30, 2021, which exceeds its active subscriber base of 19,000 by 21,053 units. As such, Grizzly has accused NIO of intentionally overselling battery packs to Weineng to inflate revenues.While the discrepancy is indeed a question for management, Grizzly had cited that there is no need for Weineng to hold that many additional battery packs, even for operational purposes. Grizzly had gone on to explain its field work done at NIO Power Swap stations to verify that there is no difference between BaaS battery packs owned by Weineng and battery packs used in swap stations owned by NIO. However, we believe the additional field work is a moot point, considering NIO Power Swap operations are not related to Weineng. Weineng only facilitates NIO’s BaaS battery lending business, and nothing else – Grizzly did not even have to go out of its way to check on NIO’s Power Swap stations and hold conversations with sales staff at NIO’s car centers.Livy’s response.While the number of battery packs owned by Weineng should essentially be equivalent to the number of active BaaS subscribers, there is a possibility that a total of 40,053 NIO vehicle sales between 2020 when BaaS was established and September 30, 2021 had subscribed to BaaS. Perhaps, as of reporting date on September 30, 2021, there were 21,053 BaaS subscribers that have halted monthly subscriptions, which is not surprising given the third quarter is not a typical driving season, and there is a possibility that these NIO vehicle owners did not need to use their vehicles during the period.Grizzly has also supported its claim that NIO oversupplied battery packs to Weineng to intentionally inflate revenues by saying that Weineng has no storage facility to store its 21,053 excess battery packs as of September 30, 2021. However, we do not find this surprising, as BaaS subscribers that have halted monthly subscriptions might be holding onto the emptied battery packs on consignment or have returned them to a NIO servicing center where NIO has held onto these Weineng-owned battery packs on consignment. The lack of battery pack storage facility owned by Weineng does not conclude that its ownership of the excess battery packs is fraudulent and made up.There can be many reasons why a discrepancy exists between the number of active BaaS subscribers and battery packs owned by Weineng at the end of a reporting period. The above are just two assumptions that could invalidate Grizzly’s accusation (which is also an assumption). The real answer to the discrepancy can only be explained by NIO and Weineng management.Grizzly’s calculation of quantified impacts.In determining the inflated revenue and earnings specific to the allegedly oversupplied battery packs from NIO to Weineng, Grizzly had performed the following calculations:Grizzly's Computation of Revenue and Net Income Variances Pertaining to Oversupplied Batteries (Grizzly Research)In deriving the inflated revenues related to the allegedly oversupplied battery packs, Grizzly had determined the percentage of battery packs owned by Weineng as of September 30, 2021 that were in excess to its active subscriber base as 53% (i.e. 21,053 excess battery packs, divided by 40,053 battery packs owned by Weineng as of September 30, 2021). The percentage was applied to total revenue recognized by NIO pertaining to the sale of battery packs to Weineng in the nine months ending September 30, 2021, resulting in oversold battery revenues of RMB 1,470 million (i.e. 53% oversold batteries x RMB 2,796 million in related party revenues from Weineng recorded by NIO for the nine months ending September 30, 2021).In the nine months ended September 30, 2021, NIO had reported total revenue of RMB 26,236 million and net losses of RMB 1,874 million. The RMB 1,470 million in oversold battery revenue represents 6% of total NIO revenues recognized over the nine-month reporting period.Considering Grizzly’s 20% profit margin assumption on battery pack sales as discussed in earlier sections, the oversold battery packs to Weineng would have generated net income of RMB 294 million in the nine months ending September 30, 2021. As such, backing out RMB 294 million in overstated profits back to NIO’s actual reported net losses of RMB 1,874 million in the nine-month period ending September 30, 2021 would have yield adjusted net losses of RMB 2,168 million, representing a variance of 16%.We have no issues with this calculation performed by Grizzly, other than concerns over the short-seller’s claims that these 20,053 battery packs were intentionally “oversold” by NIO to Weineng to artificially boost revenues.3. Shifting Depreciation CostsGrizzly’s Accusations.Grizzly has accused NIO of indirectly shifting depreciation costs on the battery packs sold to Weineng, saving the EV maker north of RMB 336 million in depreciation expense on an annual basis.Specifically, Grizzly has assumed a 20% profit margin on NIO’s battery sales totalling RMB 2,796 million generated from Weineng in the nine months ending September 30, 2021. This represents battery assets valued at a cost basis of RMB 2.25 billion (i.e. 80% cost x RMB 2,796 in battery sales to Weineng, adjusted for minor rounding differences) removed from the EV maker’s balance sheet over the same period.Based on the five to eight years useful life attributable to equipment, including battery packs, used in NIO’s Power Swap business as disclosed in its 2021 20F, Grizzly has assumed an annual depreciation rate of about 15% on the battery packs sold to Weineng and removed from NIO’s balance sheet in the nine months ending September 30, 2021. This is consistent with the assumed BaaS revenue recognition timeline of about seven years as discussed in earlier sections. As such, Grizzly has accused NIO of avoiding depreciation costs of RMB 336 million (i.e. 15% battery depreciation rate x RMB 2,796 million in battery pack sales to Weineng) in the nine months ending September 30, 2021. The short-seller has also alluded to the RMB 336 million as a proxy for annual depreciation costs that NIO has avoided via its arrangement with Weineng.Issue with Grizzly’s claim.There are two folds to this situation:1. BaaS Business Model:Under the BaaS business model, the battery packs are considered equipment used in facilitating a service business. As such, the related battery packs would be subjected to depreciation over its useful life. In NIO’s case, if Weineng never existed and the EV maker consolidates its BaaS business, NIO would have had to recognized BaaS revenues pertaining to the 19,000 battery packs that Grizzly has attributed to the BaaS business over seven years, and accordingly record depreciation costs on these battery packs as well over their useful lives of about seven years. As mentioned in earlier sections, the related journal entries under the BaaS business model is as follows:Journal Entries for BaaS Business Model (Author)2. Battery Sales Business Model:in the current situation where NIO has sold the battery packs to Weineng, the battery packs are considered inventory to NIO. There is no depreciation costs related to inventory under GAAP-based accounting. Instead, NIO needs to record the costs of this inventory when they are removed from its balance sheet once the sale is recognized. As mentioned in earlier sections, the related journal entries under the battery sale business model is as follows:Journal Entries for Battery Sales Business Model (Author)Now, in NIO’s current actual situation, it is engaged in a battery sales business model under its performance obligation to Weineng, while Weineng is engaged in a BaaS business model under its performance obligation to BaaS subscribers.As discussed in our first challenge to Grizzly’s calculations pertaining to pulled forward revenue on BaaS battery sales to Weineng, NIO would have recorded costs of sales pertaining to the sold battery inventory when it recognized the related revenues. And this cost of sales number, based on a 20% profit margin assumption consistent with that used by Grizzly, would have accounted for the costs of battery inventory removed from NIO’s balance sheet upon completion of the sale to Weineng. This is consistent with Grizzly’s own calculation pertaining to profit margins on the battery packs that it alleges NIO had oversupplied to Weineng, which is inclusive of cost of sales related to written off inventory incurred by NIO upon recognition of related revenues.If NIO was engaged in the BaaS business model itself, without the intervention of Weineng, it would have recognized depreciation at a rate of 15% per year on the battery packs. However, under the upfront sale of related battery packs to Weineng, NIO would have recorded related cost of sales at an upfront rate of 80% as well. So basically, instead of recording revenues and depreciation costs on battery packs over time, NIO essentially recorded revenues and battery inventory costs upfront under its current arrangement with Weineng.Grizzly’s calculation of quantified impacts.Grizzly’s accusation that NIO has overstated revenues and earnings by 10% and 95%, respectively, through its affiliation with Weineng is calculated as follows:Grizzly's Computation of Total Revenue and Income Inflation (Grizzly Research)As discussed in earlier sections, NIO’s pulled forward BaaS revenues and inflated battery sales revenues via its affiliation with Weineng represent 4% and 6% of its total revenues, respectively, recognized in the nine months ending September 30, 2021. This represents the 10% in inflated NIO revenues as Grizzly has outlined in the above calculation.Livy’s revised calculation of quantified impacts.While we have yet to reconcile the RMB 1,777 million in total inflated net income that Grizzly has accused NIO of recognizing (please let us know in comments if you know), we believe the 95% variance identified by Grizzly is not a fair presentation of the quantified impact of its core short thesis.Our calculation of the quantified impact pertaining to Grizzly’s accusations that NIO has inflated revenue and earnings through (1) pulling forward BaaS sales, and (2) oversupplying batteries to Weineng, is as follows:Livy's Computation of Alleged Overstatements Related to Alleged Frontloading of BaaS Revenue (Author)Livy's Computation of Alleged Overstatements Pertaining to Alleged Overselling of Battery Supplies (Author)Livy's Computation of Alleged Revenue Overstatement (Author)Livy's Computation of Alleged Overstatement in Net Income (Author)Under Grizzly’s accusations of inflated revenue and earnings by NIO through its affiliation with Weineng, if found valid (which we remain skeptical of), NIO would have overstated net losses in the nine months ending September 30, 2021 by 28% instead of the 95% that Grizzly alleges – a material difference that again misleads investors on the estimated quantified impact pertaining to the accusations claimed by the short-seller. The net income variance of RMB 523 million ($78 million) found in our calculation is also immaterial (< 1%) based on NIO’s market value of $58.38 billion as of September 30, 2021 and NIO’s market value of approximately $35 billion today.Final ThoughtsAs discussed in the introduction of this analysis, Grizzly had also touched on things like NIO CEO Li’s association with fraudulent personnel, the pledge of NIO User Trust to UBS AG, and conflict of interests to further support its argument that NIO is engaged in fraudulent financial reporting. However, these are groundless allegations that have yet to be substantiated to infer Li is committing fraud via NIO’s operations. While investors should always exercise professional skepticism on publicly disclosed information in regulatory filings when making investment decisions, the same skepticism should also be placed on external claims – such as those by the short-seller, commentary by external sources, and/or even commentary herein – especially if they argue that correlation = causation (e.g. Grizzly’s method in inferring that fraud at NIO is substantiated given “dirt” it has dug up on Li’s past).While we agree that there are some good takeaways from the short-seller report that may require further clarification from management, it is important to recognize and acknowledge that a lot of it might also be misleading – or in the words of Grizzly, “exaggerated”. This is also consistent with NIO’s stock performance during Tuesday and Wednesday’s session following release of the short-seller report. The stock has largely moved in consistency with the ongoing market rout, and broad-based selloff across the EV sector, with no extreme deviation due to the negative headline from Grizzly, which indicates that market participants, especially significant shareholders in NIO, are still digesting the latest external allegations.At the end of the day, NIO remains one of the most viable EV businesses in the emerging sector, with continued demand for its vehicles to support further growth over the long-run. Unlike some of the upstarts in the increasingly competitive EV landscape that have been accused of fraud, such as Nikola (NKLA), Lordstown Motors (RIDE), and Faraday Future (FFIE), NIO already operates a global business with a substantiated vehicle order book to support the bulk of its top- and bottom-line expansion, which continues to support its positive valuation prospects ahead.This article was written by Livy Investment Research","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918144769,"gmtCreate":1664343528652,"gmtModify":1676537437385,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9918144769","repostId":"2270221302","repostType":4,"repost":{"id":"2270221302","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":1664320045,"share":"https://www.laohu8.com/m/news/2270221302?lang=&edition=full","pubTime":"2022-09-28 07:07","market":"us","language":"en","title":"US STOCKS-S&P 500 Ends near Two-Year Low as Bear Market Deepens","url":"https://stock-news.laohu8.com/highlight/detail?id=2270221302","media":"Reuters","summary":"S&P 500 closes at lowest since November 2020Utility, consumer discretionary sectors weigh heavilyInv","content":"<html><head></head><body><ul><li>S&amp;P 500 closes at lowest since November 2020</li><li>Utility, consumer discretionary sectors weigh heavily</li><li>Investors worry about shrinking corporate profit growth</li><li>Indexes: Dow -0.43%, S&amp;P 500 -0.21%, Nasdaq +0.25%</li></ul><p>Sept 27 (Reuters) - Wall Street sank deeper into a bear market on Tuesday, with the S&amp;P 500 recording its lowest close in almost two-years as Federal Reserve policymakers showed an appetite for more interest rate hikes, even at the risk of throwing the economy into a downturn.</p><p>The benchmark S&amp;P 500 is down about 24% from its record high close on Jan. 3. Last week, the Fed signaled that high rates could last through 2023, and the index erased the last of its gains from a summer rally and recorded its lowest close since November 2020.</p><p>The S&amp;P 500 has declined for six straight sessions, its longest losing streak since February 2020.</p><p>Speaking on Tuesday, St. Louis Fed President James Bullard made a case for more rate hikes, while Chicago Fed President Charles Evans said the central bank will need to raise rates by at least another percentage point this year.</p><p>&#34;It&#39;s disappointing, but it&#39;s not a surprise,&#34; said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. &#34;People are concerned about the Federal Reserve, the direction of interest rates, the health of the economy.&#34;</p><p>Analysts at Wells Fargo now see the U.S. central bank taking its target range for the Fed funds rate to between 4.75% and 5.00% by the first quarter of 2023.</p><p>Seven of 11 S&amp;P 500 sector indexes fell, with utilities and consumer staples each down about 1.7% and leading declines.</p><p>The energy sector index rallied 1.2% after Sweden launched a probe into possible sabotage after major leaks in two Russian pipelines that spewed gas into the Baltic Sea.</p><p>Tesla gained 2.5% and Nvidia added 1.5%, with both companies helping keep Nasdaq in positive territory.</p><p>Traders exchanged over $17 billion worth of Tesla shares, more than any other stock.</p><p>The benchmark U.S. 10-year Treasury yield touched its highest level in more than 12 years amid the hawkish comments from Fed officials.</p><p>The Dow Jones Industrial Average fell 0.43% to end at 29,134.99 points, while the S&amp;P 500 lost 0.21% to 3,647.29.</p><p>The Nasdaq Composite climbed 0.25% to 10,829.50.</p><p>Concerns about corporate profits taking a hit from soaring prices and a weaker economy have also roiled Wall Street in the past two weeks.</p><p>Analysts have cut their S&amp;P 500 earnings expectations for the third and fourth quarters, as well as for the full year. For the third quarter, analysts now see S&amp;P 500 earnings per share rising 4.6% year-over-year, compared with 11.1% growth expected at the start of July.</p><p>Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.3 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.25-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted no new 52-week highs and 146 new lows; the Nasdaq Composite recorded 28 new highs and 502 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500 Ends near Two-Year Low as Bear Market Deepens</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-S&P 500 Ends near Two-Year Low as Bear Market Deepens\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\">2022-09-28 07:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>S&amp;P 500 closes at lowest since November 2020</li><li>Utility, consumer discretionary sectors weigh heavily</li><li>Investors worry about shrinking corporate profit growth</li><li>Indexes: Dow -0.43%, S&amp;P 500 -0.21%, Nasdaq +0.25%</li></ul><p>Sept 27 (Reuters) - Wall Street sank deeper into a bear market on Tuesday, with the S&amp;P 500 recording its lowest close in almost two-years as Federal Reserve policymakers showed an appetite for more interest rate hikes, even at the risk of throwing the economy into a downturn.</p><p>The benchmark S&amp;P 500 is down about 24% from its record high close on Jan. 3. Last week, the Fed signaled that high rates could last through 2023, and the index erased the last of its gains from a summer rally and recorded its lowest close since November 2020.</p><p>The S&amp;P 500 has declined for six straight sessions, its longest losing streak since February 2020.</p><p>Speaking on Tuesday, St. Louis Fed President James Bullard made a case for more rate hikes, while Chicago Fed President Charles Evans said the central bank will need to raise rates by at least another percentage point this year.</p><p>&#34;It&#39;s disappointing, but it&#39;s not a surprise,&#34; said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. &#34;People are concerned about the Federal Reserve, the direction of interest rates, the health of the economy.&#34;</p><p>Analysts at Wells Fargo now see the U.S. central bank taking its target range for the Fed funds rate to between 4.75% and 5.00% by the first quarter of 2023.</p><p>Seven of 11 S&amp;P 500 sector indexes fell, with utilities and consumer staples each down about 1.7% and leading declines.</p><p>The energy sector index rallied 1.2% after Sweden launched a probe into possible sabotage after major leaks in two Russian pipelines that spewed gas into the Baltic Sea.</p><p>Tesla gained 2.5% and Nvidia added 1.5%, with both companies helping keep Nasdaq in positive territory.</p><p>Traders exchanged over $17 billion worth of Tesla shares, more than any other stock.</p><p>The benchmark U.S. 10-year Treasury yield touched its highest level in more than 12 years amid the hawkish comments from Fed officials.</p><p>The Dow Jones Industrial Average fell 0.43% to end at 29,134.99 points, while the S&amp;P 500 lost 0.21% to 3,647.29.</p><p>The Nasdaq Composite climbed 0.25% to 10,829.50.</p><p>Concerns about corporate profits taking a hit from soaring prices and a weaker economy have also roiled Wall Street in the past two weeks.</p><p>Analysts have cut their S&amp;P 500 earnings expectations for the third and fourth quarters, as well as for the full year. For the third quarter, analysts now see S&amp;P 500 earnings per share rising 4.6% year-over-year, compared with 11.1% growth expected at the start of July.</p><p>Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.3 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.25-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted no new 52-week highs and 146 new lows; the Nasdaq Composite recorded 28 new highs and 502 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2270221302","content_text":"S&P 500 closes at lowest since November 2020Utility, consumer discretionary sectors weigh heavilyInvestors worry about shrinking corporate profit growthIndexes: Dow -0.43%, S&P 500 -0.21%, Nasdaq +0.25%Sept 27 (Reuters) - Wall Street sank deeper into a bear market on Tuesday, with the S&P 500 recording its lowest close in almost two-years as Federal Reserve policymakers showed an appetite for more interest rate hikes, even at the risk of throwing the economy into a downturn.The benchmark S&P 500 is down about 24% from its record high close on Jan. 3. Last week, the Fed signaled that high rates could last through 2023, and the index erased the last of its gains from a summer rally and recorded its lowest close since November 2020.The S&P 500 has declined for six straight sessions, its longest losing streak since February 2020.Speaking on Tuesday, St. Louis Fed President James Bullard made a case for more rate hikes, while Chicago Fed President Charles Evans said the central bank will need to raise rates by at least another percentage point this year.\"It's disappointing, but it's not a surprise,\" said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. \"People are concerned about the Federal Reserve, the direction of interest rates, the health of the economy.\"Analysts at Wells Fargo now see the U.S. central bank taking its target range for the Fed funds rate to between 4.75% and 5.00% by the first quarter of 2023.Seven of 11 S&P 500 sector indexes fell, with utilities and consumer staples each down about 1.7% and leading declines.The energy sector index rallied 1.2% after Sweden launched a probe into possible sabotage after major leaks in two Russian pipelines that spewed gas into the Baltic Sea.Tesla gained 2.5% and Nvidia added 1.5%, with both companies helping keep Nasdaq in positive territory.Traders exchanged over $17 billion worth of Tesla shares, more than any other stock.The benchmark U.S. 10-year Treasury yield touched its highest level in more than 12 years amid the hawkish comments from Fed officials.The Dow Jones Industrial Average fell 0.43% to end at 29,134.99 points, while the S&P 500 lost 0.21% to 3,647.29.The Nasdaq Composite climbed 0.25% to 10,829.50.Concerns about corporate profits taking a hit from soaring prices and a weaker economy have also roiled Wall Street in the past two weeks.Analysts have cut their S&P 500 earnings expectations for the third and fourth quarters, as well as for the full year. For the third quarter, analysts now see S&P 500 earnings per share rising 4.6% year-over-year, compared with 11.1% growth expected at the start of July.Volume on U.S. exchanges was 11.7 billion shares, compared with an 11.3 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.25-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored advancers.The S&P 500 posted no new 52-week highs and 146 new lows; the Nasdaq Composite recorded 28 new highs and 502 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9909309648,"gmtCreate":1658803946384,"gmtModify":1676536210619,"author":{"id":"4097750570226740","authorId":"4097750570226740","name":"Dave0123","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9909309648","repostId":"2254555851","repostType":4,"repost":{"id":"2254555851","pubTimestamp":1658801825,"share":"https://www.laohu8.com/m/news/2254555851?lang=&edition=full","pubTime":"2022-07-26 10:17","market":"us","language":"en","title":"Is Snap Stock A Sell As It Continues To Dip?","url":"https://stock-news.laohu8.com/highlight/detail?id=2254555851","media":"seekingalpha","summary":"SummarySnap's shares have dropped by -84% in the last year, as the weak economy, intense competition","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Snap&#39;s shares have dropped by -84% in the last year, as the weak economy, intense competition, and privacy changes introduced by Apple had a negative impact on SNAP&#39;s performance.</li><li>SNAP&#39;s stock price dipped by -39% on July 22, 2022, a day after it disclosed below-expectations Q2 2022 revenue and declined to provide financial guidance for Q3 2022.</li><li>I rate Snap as a Hold; while its shares aren&#39;t expected to go up anytime soon, SNAP still has significant long-term growth potential.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/057219c20c4b78b88b4a2420b0efd016\" tg-width=\"1080\" tg-height=\"694\" width=\"100%\" height=\"auto\"/><span>Justin Sullivan</span></p><p><b>Elevator Pitch</b></p><p>My investment rating for Snap Inc.&#39;s (NYSE:SNAP) stock is a Hold.</p><p>In my prior February 23, 2022 update for SNAP, I touched on the company&#39;s growth prospects in the intermediate term. In this latest write-up, I turn my attention to Snap&#39;sshare price weakness.</p><p>Snap&#39;s shares continued to dip; its stock price declined by -39% on Friday, July 22, 2022 after announcing below-expectations revenue growth, implying that SNAP&#39;s stock has now dropped by -84% in the last one year.</p><p>But SNAP isn&#39;t a Sell despite negative share price momentum and the poor financial outlook for the upcoming quarters. This is because Snap still has lots of room for growth in international markets, based on an analysis of penetration rates in countries such as Japan. On the flip side, it is premature to be bottom fishing in SNAP&#39;s shares, taking into account expectations of weak revenue growth and continued losses for SNAP in the rest of 2022. This makes Snap a Hold-rated stock in my opinion.</p><p><b>Why Has Snap Stock Been Dipping?</b></p><p>Snap&#39;s shares were down by -84% in the past one year, and the stock has underperformed the S&amp;P 500 since late-October 2021 as per the chart below. Notably, SNAP&#39;s revenue fell short of market expectations in three of the past four quarters. The first of the three top line misses occurred on October 21, 2021when SNAP announced its Q3 2021 results, and this coincided with the beginning of the stock&#39;s underperformance relative to the broader market.</p><p><b>SNAP&#39;s One-Year Stock Price Chart</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3819bbde60ff4601a38076e2cdc82aca\" tg-width=\"640\" tg-height=\"221\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha</span></p><p>On July 22, 2022, a day after it reported its Q2 2022 financial results, SNAP&#39;s stock price dipped by -39% to close at $9.96 at the end of the trading day. Snap&#39;s second-quarter revenue miss and the company&#39;s decision to do away with Q3 2022 management guidance confirmed investors&#39; fears that the outlook for SNAP is moving from bad to worse.</p><p>Specifically, there are three key factors that have been a drag on Snap&#39;s financial performance in recent quarters. In my previous article written on February 23, 2022, I highlighted the two major headwinds for SNAP, namely &#34;Apple&#39;s (AAPL) iOS privacy changes&#34; and &#34;greater-than-expected competition from rivals&#34;, and these have continued to hurt Snap&#39;s most recent Q2 2022 results.</p><p>The third headwind or negative factor is macroeconomic weakness. Snap shared at the company&#39;s Q2 2022 earnings briefing on July 22 that &#34;macro headwinds have disrupted many of the industry segments that have been most critical to the growing demand for advertising solutions over prior years.&#34;</p><p>SNAP might also have been affected by macroeconomic weakness to a larger extent than its peers due to its advertiser mix. At its second-quarter investor call, Snap noted &#34;we have a relatively lower exposure to small- and medium-sized, brick-and-mortar businesses.&#34; It is reasonable to assume that Snap might have a higher proportion of advertisers which have a significant online presence (as opposed to brick-and-mortar) that aren&#39;t doing as well in the post-pandemic environment with Work-From-Home tailwinds easing.</p><p><b>SNAP Stock Key Metrics</b></p><p>I go into more detail about SNAP&#39;s key metrics disclosed as part of the company&#39;s Q2 2022 financial results in this section. In my opinion, Snap&#39;s second-quarter financial performance wasn&#39;t as bad as what the post-results announcement share price reaction suggested.</p><p>On one hand, Snap&#39;s revenue expansion was disappointing, and the company&#39;s profitability in the near term could be affected by the need to sustain a certain level of investments to reignite top line growth.</p><p>SNAP&#39;s top line only increased by +13% YoY to $1,111 million in the second quarter of 2022, when sell-side analysts were expecting a much higher +17% YoY growth in its revenue as per<i>S&amp;P Capital IQ</i>data. More significantly, SNAP also mentioned in itsQ2 2022 investor letterthat &#34;thus far in Q3, revenue is approximately flat&#34; YoY.</p><p>Separately, Snap acknowledged at its Q2 2022 earnings call that it has to continue &#34;investing to improve our direct response business&#34; so as &#34;to keep growing.&#34; This is reflected in Wall Street&#39;s consensus financial projections as sourced from<i>S&amp;P Capital IQ</i>, which suggest that SNAP will continue to be loss-making at the EBIT level and register negative GAAP earnings between FY 2022 and FY 2025.</p><p>On the other hand, SNAP did well on certain operating metrics relating to user growth and engagement.</p><p>Snap&#39;s Daily Active Users or DAUs grew by +18% YoY to 347 million in Q2 2022, and this was +1% higher than the market&#39;s consensus DAUs of 343 million as per<i>S&amp;P Capital IQ</i>. SNAP also expects DAUs amounting to 360 million for Q3 2022, which represents an +18% YoY increase and also beat consensus DAU estimates by +2%.</p><p>SNAP also highlighted in its second-quarter investor letter that &#34;overall time spent watching content globally grew&#34; YoY in the recent quarter. Specifically, Spotlight, a relatively new product introduced by the company in late-2020, saw time spent jump by +59% YoY in Q2 2022.</p><p><b>Is Snap Stock Expected To Rise Again?</b></p><p>Snap&#39;s stock price isn&#39;t expected to rise again in the very near term. SNAP should suffer from slower revenue growth and elevated costs in the coming quarters.</p><p>Advertising is an economically sensitive business, and it will be tough for Snap&#39;s top line to grow substantially in an environment of economic weakness or even a recession. Snap emphasized at its Q2 2022 results call that &#34;auction-driven direct response advertising is among the very few line items in a company&#39;s cost structure that they can reduce immediately.&#34; It is inevitable that advertising budgets will continue to shrink, and this in turn will lead to SNAP and its rivals competing even harder for a share of a much smaller pie. As per S&amp;P Capital IQ, the sell-side&#39;s consensus financial forecasts point to SNAP&#39;s YoY revenue growth slowing to +0.1% and +0.7% for Q3 2022 and Q4 2022, respectively.</p><p>Also, Snap&#39;s path to GAAP profitability should take a much longer time than expected. As I noted in the preceding section, SNAP intends to continue investing in the company&#39;s direct response business, which will be a drag on its profitability in the foreseeable future.</p><p>Although Snap has plans in place to moderate the pace of recruitment and also cut other operating costs, the company acknowledged at its second-quarter earnings briefing that &#34;we may incur some transition costs along the way as we execute on these changes (cost optimization initiatives).&#34; SNAP&#39;s net loss per share on GAAP basis is forecasted to narrow from -$0.26 in Q2 2022 to -$0.22 in Q3 2022 and -$0.13 in Q4 2022 as per<i>S&amp;P Capital IQ&#39;s</i>consensus data. But it is noteworthy that the company will still remain loss-making due to &#34;transition costs&#34; and a sustained level of investments for its direct response business.</p><p><b>Is SNAP A Good Long-Term Investment?</b></p><p>Looking beyond the headwinds for Snap in the short term, I am of the view that SNAP is a good long-term investment, especially relating to the long growth runway for the company in international markets.</p><p>In an earlier section of this article, I noted that SNAP&#39;s total DAUs amounting to 347 million in the second quarter of 2022 was equivalent to a decent +18% YoY growth. The key driver was Snap&#39;s Rest of World region, which witnessed a +35% YoY increase in DAUs to 162 million in the recent quarter. This is an indicator that SNAP has been doing well in overseas markets, even though its overall financial performance was disappointing.</p><p>Moving forward, SNAP has the opportunity to further expand its user base in non-US markets in the long run. According to<i>Piper Sandler&#39;s</i>April 1, 2022 research report (not publicly available) titled &#34;Using Ads Manager Data to Frame the Global User TAM&#34;, Snap&#39;s &#34;addressable MAUs across top 15 GDP countries alone&#34; is over 800 million. Specifically, SNAP&#39;s penetration rates (actual MAUs as obtained from Ads Manager divided by the estimated addressable MAUs) in Japan, Indonesia, Brazil, and Italy are very low at 2%, 3%, 9% and 12%, respectively as compared to a 66% penetration rate for the US market.</p><p><b>Is SNAP Stock A Buy, Sell, or Hold?</b></p><p>I rate SNAP stock as a Hold.</p><p>Snap&#39;s current valuations are more reasonable, with the stock&#39;s consensus forward next twelve months&#39; Enterprise Value-to-Revenue multiple de-rating from above 25 times at its peak in early-2021 to 3.3 times now as per<i>S&amp;P Capital IQ</i>. In addition, SNAP&#39;s long-term growth prospects remain intact, particularly in specific non-US markets where its penetration rates are very low. As such, Snap doesn&#39;t warrant a Sell rating. But SNAP isn&#39;t a Buy either, since the near-term financial outlook for the company is poor and there aren&#39;t any tangible catalysts in sight to re-rate its shares.</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>Is Snap Stock A Sell As It Continues To Dip?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Snap Stock A Sell As It Continues To Dip?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-26 10:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4525571-is-snap-stock-sell-as-continues-dip><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummarySnap's shares have dropped by -84% in the last year, as the weak economy, intense competition, and privacy changes introduced by Apple had a negative impact on SNAP's performance.SNAP's stock ...</p>\n\n<a href=\"https://seekingalpha.com/article/4525571-is-snap-stock-sell-as-continues-dip\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc"},"source_url":"https://seekingalpha.com/article/4525571-is-snap-stock-sell-as-continues-dip","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2254555851","content_text":"SummarySnap's shares have dropped by -84% in the last year, as the weak economy, intense competition, and privacy changes introduced by Apple had a negative impact on SNAP's performance.SNAP's stock price dipped by -39% on July 22, 2022, a day after it disclosed below-expectations Q2 2022 revenue and declined to provide financial guidance for Q3 2022.I rate Snap as a Hold; while its shares aren't expected to go up anytime soon, SNAP still has significant long-term growth potential.Justin SullivanElevator PitchMy investment rating for Snap Inc.'s (NYSE:SNAP) stock is a Hold.In my prior February 23, 2022 update for SNAP, I touched on the company's growth prospects in the intermediate term. In this latest write-up, I turn my attention to Snap'sshare price weakness.Snap's shares continued to dip; its stock price declined by -39% on Friday, July 22, 2022 after announcing below-expectations revenue growth, implying that SNAP's stock has now dropped by -84% in the last one year.But SNAP isn't a Sell despite negative share price momentum and the poor financial outlook for the upcoming quarters. This is because Snap still has lots of room for growth in international markets, based on an analysis of penetration rates in countries such as Japan. On the flip side, it is premature to be bottom fishing in SNAP's shares, taking into account expectations of weak revenue growth and continued losses for SNAP in the rest of 2022. This makes Snap a Hold-rated stock in my opinion.Why Has Snap Stock Been Dipping?Snap's shares were down by -84% in the past one year, and the stock has underperformed the S&P 500 since late-October 2021 as per the chart below. Notably, SNAP's revenue fell short of market expectations in three of the past four quarters. The first of the three top line misses occurred on October 21, 2021when SNAP announced its Q3 2021 results, and this coincided with the beginning of the stock's underperformance relative to the broader market.SNAP's One-Year Stock Price ChartSeeking AlphaOn July 22, 2022, a day after it reported its Q2 2022 financial results, SNAP's stock price dipped by -39% to close at $9.96 at the end of the trading day. Snap's second-quarter revenue miss and the company's decision to do away with Q3 2022 management guidance confirmed investors' fears that the outlook for SNAP is moving from bad to worse.Specifically, there are three key factors that have been a drag on Snap's financial performance in recent quarters. In my previous article written on February 23, 2022, I highlighted the two major headwinds for SNAP, namely \"Apple's (AAPL) iOS privacy changes\" and \"greater-than-expected competition from rivals\", and these have continued to hurt Snap's most recent Q2 2022 results.The third headwind or negative factor is macroeconomic weakness. Snap shared at the company's Q2 2022 earnings briefing on July 22 that \"macro headwinds have disrupted many of the industry segments that have been most critical to the growing demand for advertising solutions over prior years.\"SNAP might also have been affected by macroeconomic weakness to a larger extent than its peers due to its advertiser mix. At its second-quarter investor call, Snap noted \"we have a relatively lower exposure to small- and medium-sized, brick-and-mortar businesses.\" It is reasonable to assume that Snap might have a higher proportion of advertisers which have a significant online presence (as opposed to brick-and-mortar) that aren't doing as well in the post-pandemic environment with Work-From-Home tailwinds easing.SNAP Stock Key MetricsI go into more detail about SNAP's key metrics disclosed as part of the company's Q2 2022 financial results in this section. In my opinion, Snap's second-quarter financial performance wasn't as bad as what the post-results announcement share price reaction suggested.On one hand, Snap's revenue expansion was disappointing, and the company's profitability in the near term could be affected by the need to sustain a certain level of investments to reignite top line growth.SNAP's top line only increased by +13% YoY to $1,111 million in the second quarter of 2022, when sell-side analysts were expecting a much higher +17% YoY growth in its revenue as perS&P Capital IQdata. More significantly, SNAP also mentioned in itsQ2 2022 investor letterthat \"thus far in Q3, revenue is approximately flat\" YoY.Separately, Snap acknowledged at its Q2 2022 earnings call that it has to continue \"investing to improve our direct response business\" so as \"to keep growing.\" This is reflected in Wall Street's consensus financial projections as sourced fromS&P Capital IQ, which suggest that SNAP will continue to be loss-making at the EBIT level and register negative GAAP earnings between FY 2022 and FY 2025.On the other hand, SNAP did well on certain operating metrics relating to user growth and engagement.Snap's Daily Active Users or DAUs grew by +18% YoY to 347 million in Q2 2022, and this was +1% higher than the market's consensus DAUs of 343 million as perS&P Capital IQ. SNAP also expects DAUs amounting to 360 million for Q3 2022, which represents an +18% YoY increase and also beat consensus DAU estimates by +2%.SNAP also highlighted in its second-quarter investor letter that \"overall time spent watching content globally grew\" YoY in the recent quarter. Specifically, Spotlight, a relatively new product introduced by the company in late-2020, saw time spent jump by +59% YoY in Q2 2022.Is Snap Stock Expected To Rise Again?Snap's stock price isn't expected to rise again in the very near term. SNAP should suffer from slower revenue growth and elevated costs in the coming quarters.Advertising is an economically sensitive business, and it will be tough for Snap's top line to grow substantially in an environment of economic weakness or even a recession. Snap emphasized at its Q2 2022 results call that \"auction-driven direct response advertising is among the very few line items in a company's cost structure that they can reduce immediately.\" It is inevitable that advertising budgets will continue to shrink, and this in turn will lead to SNAP and its rivals competing even harder for a share of a much smaller pie. As per S&P Capital IQ, the sell-side's consensus financial forecasts point to SNAP's YoY revenue growth slowing to +0.1% and +0.7% for Q3 2022 and Q4 2022, respectively.Also, Snap's path to GAAP profitability should take a much longer time than expected. As I noted in the preceding section, SNAP intends to continue investing in the company's direct response business, which will be a drag on its profitability in the foreseeable future.Although Snap has plans in place to moderate the pace of recruitment and also cut other operating costs, the company acknowledged at its second-quarter earnings briefing that \"we may incur some transition costs along the way as we execute on these changes (cost optimization initiatives).\" SNAP's net loss per share on GAAP basis is forecasted to narrow from -$0.26 in Q2 2022 to -$0.22 in Q3 2022 and -$0.13 in Q4 2022 as perS&P Capital IQ'sconsensus data. But it is noteworthy that the company will still remain loss-making due to \"transition costs\" and a sustained level of investments for its direct response business.Is SNAP A Good Long-Term Investment?Looking beyond the headwinds for Snap in the short term, I am of the view that SNAP is a good long-term investment, especially relating to the long growth runway for the company in international markets.In an earlier section of this article, I noted that SNAP's total DAUs amounting to 347 million in the second quarter of 2022 was equivalent to a decent +18% YoY growth. The key driver was Snap's Rest of World region, which witnessed a +35% YoY increase in DAUs to 162 million in the recent quarter. This is an indicator that SNAP has been doing well in overseas markets, even though its overall financial performance was disappointing.Moving forward, SNAP has the opportunity to further expand its user base in non-US markets in the long run. According toPiper Sandler'sApril 1, 2022 research report (not publicly available) titled \"Using Ads Manager Data to Frame the Global User TAM\", Snap's \"addressable MAUs across top 15 GDP countries alone\" is over 800 million. Specifically, SNAP's penetration rates (actual MAUs as obtained from Ads Manager divided by the estimated addressable MAUs) in Japan, Indonesia, Brazil, and Italy are very low at 2%, 3%, 9% and 12%, respectively as compared to a 66% penetration rate for the US market.Is SNAP Stock A Buy, Sell, or Hold?I rate SNAP stock as a Hold.Snap's current valuations are more reasonable, with the stock's consensus forward next twelve months' Enterprise Value-to-Revenue multiple de-rating from above 25 times at its peak in early-2021 to 3.3 times now as perS&P Capital IQ. In addition, SNAP's long-term growth prospects remain intact, particularly in specific non-US markets where its penetration rates are very low. As such, Snap doesn't warrant a Sell rating. But SNAP isn't a Buy either, since the near-term financial outlook for the company is poor and there aren't any tangible catalysts in sight to re-rate its shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}