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2022-09-14

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Twitter Whistleblower Testifies in Congress Ahead of Shareholder Vote on Musk's Bid

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He has been called before the committee to provide more information on his assertions.</p><p>Democrats and Republicans have raised concerns about social-media companies in recent years over how they use and protect customer data. &#34;Twitter is an immensely powerful platform that cannot afford gaping security vulnerabilities,&#34; Sen. Dick Durbin, chairman of the Judiciary Committee and a Democrat from Illinois, said in opening remarks at the hearing.</p><p>&#34;The whistleblower disclosures paint a very disturbing picture of a company that&#39;s solely focused on profits at any expense, including at the expense of the safety and security of its users,&#34; Sen. Chuck Grassley, from Iowa and the committee&#39;s top Republican, said.</p><p>Mr. Grassley said Twitter Chief Executive Parag Agrawal declined to answer questions at the hearing, citing the ongoing litigation over Mr. Musk&#39;s takeover bid of the company. The Senator added the allegations raised questions about the CEO&#39;s leadership.</p><p>Twitter didn&#39;t immediately respond to a request for comment.</p><p>Mr. Zatko has become a factor in the legal drama unfolding over Mr. Musk&#39;s effort to walk away from the Twitter takeover. Twitter sued Mr. Musk in July over his attempt to renege on the deal. Mr. Musk filed a countersuit, accusing the company of misrepresenting the condition of its business and key metrics about the users on its platform.</p><p>Twitter has argued Mr. Musk got cold feet after market conditions deteriorated. Last week, Mr. Musk got court approval to amend his suit to include aspects of Mr. Zatko&#39;s assertions.</p><p>The case is being fought out in Delaware Chancery Court, with a five-day nonjury trial set to start Oct. 17.</p><p>Separately, Twitter is moving ahead with trying to secure investor buy-in for the takeover. The company has been asking shareholders to vote to back the deal. Voting should conclude during a special shareholder meeting due to kick off at 1 p.m. Eastern time.</p><p>Twitter shareholders are poised to approve the deal by a wide margin based on early voting, The Wall Street Journal first reported Monday.</p><p>Twitter needs investors representing a majority of shares to vote for the takeover offer of $54.20 per share. The company&#39;s stock closed at $41.41 Monday, valuing the business at around $32 billion.</p><p>If the judge were to force Mr. Musk to consummate the transaction, he could be on the hook for more than $33 billion in equity financing, according to a regulatory filing. The Tesla Inc. boss in August sold roughly $7 billion worth of the electric-vehicle maker&#39;s stock, according to regulatory disclosures, and suggested he did so in case he is forced to buy Twitter.</p><p>Mr. Zatko filed his complaint with the Securities and Exchange Commission, the Federal Trade Commission and the Justice Department, which are expected to investigate.</p><p>Mr. Zatko was hired by Twitter in 2020 after an embarrassing hack of some high-profile users&#39; accounts, including then-presidential candidate Joe Biden and former President Barack Obama, as well as Amazon.com Inc. founder Jeff Bezos and Mr. Musk.</p><p>Mr. Zatko said he was fired after clashing repeatedly with top executives over the depth of the company&#39;s security problems and appropriate solutions.</p><p>Twitter has said Mr. Zatko was fired &#34;for ineffective leadership and poor performance&#34; and that his whistleblower complaint &#34;is riddled with inconsistencies and inaccuracies and lacks important context.&#34;</p><p>Twitter has come under FTC scrutiny previously.</p><p>The agency in 2011 prohibited Twitter from &#34;misrepresenting the extent to which the company maintains and protects the security, privacy, confidentiality, or integrity of any nonpublic consumer information,&#34; according to an FTC summary.</p><p>The FTC and Justice Department said in May that Twitter had violated the 2011 order by collecting users&#39; personal information -- ostensibly for security reasons -- and using it to sell ads to them over the past decade or so. Twitter agreed to pay a $150 million civil penalty to resolve the claims.</p><p>At a recent company all-hands meeting, an executive told employees that Twitter is in full compliance with its FTC consent decree and that an external auditor reviews Twitter&#39;s compliance with the decree every two years, according to a spokesman.</p><p>--Sarah E. Needleman contributed to this article.</p><p>Write to Alexa Corse at alexa.corse@wsj.com and John D. McKinnon at john.mckinnon@wsj.com</p><p>(END) Dow Jones Newswires</p><p>September 13, 2022 10:42 ET (14:42 GMT)</p><p>Copyright (c) 2022 Dow Jones &amp; Company, Inc.</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>Twitter Whistleblower Testifies in Congress Ahead of Shareholder Vote on Musk's Bid</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\">\nTwitter Whistleblower Testifies in Congress Ahead of Shareholder Vote on Musk's Bid\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-13 23:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>A whistleblower who leveled charges of widespread security failures at Twitter Inc. is testifying at a Senate hearing Tuesday, hours before shareholders are scheduled to finish voting on whether to approve Elon Musk&#39;s $44 billion takeover that the billionaire is trying to abandon.</p><p>Twitter shares slid 2% in morning trading.<img src=\"https://static.tigerbbs.com/28fe6193b8793e7dfd3807f8a2d9c0df\" tg-width=\"815\" tg-height=\"832\" width=\"100%\" height=\"auto\"/></p><p>Former Twitter security executive Peiter Zatko, who was fired by the company in January, told the Senate Judiciary Committee Tuesday that Twitter executives&#39; &#34;incentives led them to prioritize profits over security,&#34; echoing his whistleblower complaint.</p><p>Twitter has pushed back against his charges, and said he was making misleading statements. He has been called before the committee to provide more information on his assertions.</p><p>Democrats and Republicans have raised concerns about social-media companies in recent years over how they use and protect customer data. &#34;Twitter is an immensely powerful platform that cannot afford gaping security vulnerabilities,&#34; Sen. Dick Durbin, chairman of the Judiciary Committee and a Democrat from Illinois, said in opening remarks at the hearing.</p><p>&#34;The whistleblower disclosures paint a very disturbing picture of a company that&#39;s solely focused on profits at any expense, including at the expense of the safety and security of its users,&#34; Sen. Chuck Grassley, from Iowa and the committee&#39;s top Republican, said.</p><p>Mr. Grassley said Twitter Chief Executive Parag Agrawal declined to answer questions at the hearing, citing the ongoing litigation over Mr. Musk&#39;s takeover bid of the company. The Senator added the allegations raised questions about the CEO&#39;s leadership.</p><p>Twitter didn&#39;t immediately respond to a request for comment.</p><p>Mr. Zatko has become a factor in the legal drama unfolding over Mr. Musk&#39;s effort to walk away from the Twitter takeover. Twitter sued Mr. Musk in July over his attempt to renege on the deal. Mr. Musk filed a countersuit, accusing the company of misrepresenting the condition of its business and key metrics about the users on its platform.</p><p>Twitter has argued Mr. Musk got cold feet after market conditions deteriorated. Last week, Mr. Musk got court approval to amend his suit to include aspects of Mr. Zatko&#39;s assertions.</p><p>The case is being fought out in Delaware Chancery Court, with a five-day nonjury trial set to start Oct. 17.</p><p>Separately, Twitter is moving ahead with trying to secure investor buy-in for the takeover. The company has been asking shareholders to vote to back the deal. Voting should conclude during a special shareholder meeting due to kick off at 1 p.m. Eastern time.</p><p>Twitter shareholders are poised to approve the deal by a wide margin based on early voting, The Wall Street Journal first reported Monday.</p><p>Twitter needs investors representing a majority of shares to vote for the takeover offer of $54.20 per share. The company&#39;s stock closed at $41.41 Monday, valuing the business at around $32 billion.</p><p>If the judge were to force Mr. Musk to consummate the transaction, he could be on the hook for more than $33 billion in equity financing, according to a regulatory filing. The Tesla Inc. boss in August sold roughly $7 billion worth of the electric-vehicle maker&#39;s stock, according to regulatory disclosures, and suggested he did so in case he is forced to buy Twitter.</p><p>Mr. Zatko filed his complaint with the Securities and Exchange Commission, the Federal Trade Commission and the Justice Department, which are expected to investigate.</p><p>Mr. Zatko was hired by Twitter in 2020 after an embarrassing hack of some high-profile users&#39; accounts, including then-presidential candidate Joe Biden and former President Barack Obama, as well as Amazon.com Inc. founder Jeff Bezos and Mr. Musk.</p><p>Mr. Zatko said he was fired after clashing repeatedly with top executives over the depth of the company&#39;s security problems and appropriate solutions.</p><p>Twitter has said Mr. Zatko was fired &#34;for ineffective leadership and poor performance&#34; and that his whistleblower complaint &#34;is riddled with inconsistencies and inaccuracies and lacks important context.&#34;</p><p>Twitter has come under FTC scrutiny previously.</p><p>The agency in 2011 prohibited Twitter from &#34;misrepresenting the extent to which the company maintains and protects the security, privacy, confidentiality, or integrity of any nonpublic consumer information,&#34; according to an FTC summary.</p><p>The FTC and Justice Department said in May that Twitter had violated the 2011 order by collecting users&#39; personal information -- ostensibly for security reasons -- and using it to sell ads to them over the past decade or so. Twitter agreed to pay a $150 million civil penalty to resolve the claims.</p><p>At a recent company all-hands meeting, an executive told employees that Twitter is in full compliance with its FTC consent decree and that an external auditor reviews Twitter&#39;s compliance with the decree every two years, according to a spokesman.</p><p>--Sarah E. Needleman contributed to this article.</p><p>Write to Alexa Corse at alexa.corse@wsj.com and John D. McKinnon at john.mckinnon@wsj.com</p><p>(END) Dow Jones Newswires</p><p>September 13, 2022 10:42 ET (14:42 GMT)</p><p>Copyright (c) 2022 Dow Jones &amp; Company, Inc.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4527":"明星科技股","BK4077":"互动媒体与服务","BK4534":"瑞士信贷持仓","BK4581":"高盛持仓","BK4550":"红杉资本持仓","BK4555":"新能源车","QNETCN":"纳斯达克中美互联网老虎指数","BK4516":"特朗普概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4579":"人工智能","TSLA":"特斯拉","TWTR":"Twitter","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4551":"寇图资本持仓","BK4574":"无人驾驶","BK4548":"巴美列捷福持仓","BK4508":"社交媒体"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267306615","content_text":"A whistleblower who leveled charges of widespread security failures at Twitter Inc. is testifying at a Senate hearing Tuesday, hours before shareholders are scheduled to finish voting on whether to approve Elon Musk's $44 billion takeover that the billionaire is trying to abandon.Twitter shares slid 2% in morning trading.Former Twitter security executive Peiter Zatko, who was fired by the company in January, told the Senate Judiciary Committee Tuesday that Twitter executives' \"incentives led them to prioritize profits over security,\" echoing his whistleblower complaint.Twitter has pushed back against his charges, and said he was making misleading statements. He has been called before the committee to provide more information on his assertions.Democrats and Republicans have raised concerns about social-media companies in recent years over how they use and protect customer data. \"Twitter is an immensely powerful platform that cannot afford gaping security vulnerabilities,\" Sen. Dick Durbin, chairman of the Judiciary Committee and a Democrat from Illinois, said in opening remarks at the hearing.\"The whistleblower disclosures paint a very disturbing picture of a company that's solely focused on profits at any expense, including at the expense of the safety and security of its users,\" Sen. Chuck Grassley, from Iowa and the committee's top Republican, said.Mr. Grassley said Twitter Chief Executive Parag Agrawal declined to answer questions at the hearing, citing the ongoing litigation over Mr. Musk's takeover bid of the company. The Senator added the allegations raised questions about the CEO's leadership.Twitter didn't immediately respond to a request for comment.Mr. Zatko has become a factor in the legal drama unfolding over Mr. Musk's effort to walk away from the Twitter takeover. Twitter sued Mr. Musk in July over his attempt to renege on the deal. Mr. Musk filed a countersuit, accusing the company of misrepresenting the condition of its business and key metrics about the users on its platform.Twitter has argued Mr. Musk got cold feet after market conditions deteriorated. Last week, Mr. Musk got court approval to amend his suit to include aspects of Mr. Zatko's assertions.The case is being fought out in Delaware Chancery Court, with a five-day nonjury trial set to start Oct. 17.Separately, Twitter is moving ahead with trying to secure investor buy-in for the takeover. The company has been asking shareholders to vote to back the deal. Voting should conclude during a special shareholder meeting due to kick off at 1 p.m. Eastern time.Twitter shareholders are poised to approve the deal by a wide margin based on early voting, The Wall Street Journal first reported Monday.Twitter needs investors representing a majority of shares to vote for the takeover offer of $54.20 per share. The company's stock closed at $41.41 Monday, valuing the business at around $32 billion.If the judge were to force Mr. Musk to consummate the transaction, he could be on the hook for more than $33 billion in equity financing, according to a regulatory filing. The Tesla Inc. boss in August sold roughly $7 billion worth of the electric-vehicle maker's stock, according to regulatory disclosures, and suggested he did so in case he is forced to buy Twitter.Mr. Zatko filed his complaint with the Securities and Exchange Commission, the Federal Trade Commission and the Justice Department, which are expected to investigate.Mr. Zatko was hired by Twitter in 2020 after an embarrassing hack of some high-profile users' accounts, including then-presidential candidate Joe Biden and former President Barack Obama, as well as Amazon.com Inc. founder Jeff Bezos and Mr. Musk.Mr. Zatko said he was fired after clashing repeatedly with top executives over the depth of the company's security problems and appropriate solutions.Twitter has said Mr. Zatko was fired \"for ineffective leadership and poor performance\" and that his whistleblower complaint \"is riddled with inconsistencies and inaccuracies and lacks important context.\"Twitter has come under FTC scrutiny previously.The agency in 2011 prohibited Twitter from \"misrepresenting the extent to which the company maintains and protects the security, privacy, confidentiality, or integrity of any nonpublic consumer information,\" according to an FTC summary.The FTC and Justice Department said in May that Twitter had violated the 2011 order by collecting users' personal information -- ostensibly for security reasons -- and using it to sell ads to them over the past decade or so. Twitter agreed to pay a $150 million civil penalty to resolve the claims.At a recent company all-hands meeting, an executive told employees that Twitter is in full compliance with its FTC consent decree and that an external auditor reviews Twitter's compliance with the decree every two years, according to a spokesman.--Sarah E. Needleman contributed to this article.Write to Alexa Corse at alexa.corse@wsj.com and John D. McKinnon at john.mckinnon@wsj.com(END) Dow Jones NewswiresSeptember 13, 2022 10:42 ET (14:42 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935512286,"gmtCreate":1663114038545,"gmtModify":1676537205223,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935512286","repostId":"1198162643","repostType":4,"repost":{"id":"1198162643","kind":"news","pubTimestamp":1663082497,"share":"https://ttm.financial/m/news/1198162643?lang=&edition=fundamental","pubTime":"2022-09-13 23:21","market":"us","language":"en","title":"Honda Considers Listing for Electric-Motorcycle Business","url":"https://stock-news.laohu8.com/highlight/detail?id=1198162643","media":"the wall street journal","summary":"TOKYO—Honda Motor Co., the world’s top maker of motorcycles by market share, is considering a separa","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/f5b20fe39f3ea8c9f361a0a5927bb59f\" tg-width=\"860\" tg-height=\"573\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>TOKYO—Honda Motor Co., the world’s top maker of motorcycles by market share, is considering a separate stock-market listing for itselectric two-wheeler business, a move it says could help accelerate its push into the market.</p><p>Honda said Tuesday it was aiming to roll out 10 or more electric motorcycle models globally by 2025 and sell 3.5 million of the vehicles a year by 2030. That would represent 15% of its total sales in the category, up from less than 1% today.</p><p>Honda Managing Officer Yoshishige Nomura said the company was looking at whether to separate the electric two-wheeler business into a new unit and list some shares of that business on a stock exchange. He said consideration of the pluses and minuses was still at an early stage.</p><p>“If changing up the internal organization of the company is determined to have the potential to create greater movement toward electrification, it’d be a good move,” Mr. Nomura said. He said that for now, Honda didn’t need an external cash injection to finance its push into electric motorcycles.</p><p>Since it first began selling motorcycles in 1949, Honda has manufactured more of the vehicles than any other company thanks in part to its strength in internal combustion engine technology.</p><p>It remains a profitable business for the company, with margins well above what it earns on cars. Motorcycles accounted for nearly half of Honda’s operating profit in the April-to-June quarter when auto sales struggled because of parts shortages.</p><p>But some rivals inbig markets such as Indiahave gotten ahead of Honda in introducing motorcycles and electric bikes driven by batteries. Just as legacy car makers have yielded market share to all-electric newcomers such asTeslaInc., Honda faces the risk of falling behind technology shifts.</p><p>Honda’s U.S. rival,Harley-DavidsonInc., said in December it wouldpursue a separate stock listingof its electric arm, LiveWire, via a blank-check merger. The deal is expected to close this month after being delayed by market turmoil.</p><p>In 2020, Honda claimed around a fifth of the share of the global motorcycle market, according to market researcher Deallab, followed byYamaha MotorCo. with 10.4% and Harley-Davidson with 4.4%.</p><p>In general, electrification of the world’s motorcycle fleet is moving more slowly than the shift to electric cars, in part because some of the biggest markets are developing nations like India where advanced recharging equipment is scarce.</p><p>Rahul Mehta, founder and CEO of Bikers Club Network based in Mumbai, said it generally took eight to 10 hours to charge the battery of an electric motorcycle after riding it for around 45 to 60 miles.</p><p>Electric motorcycles are “eco-friendly and they are definitely the future, but right now it’s the infrastructure,” he said.</p><p>Under Honda’s road map, 85% of its total two-wheeler sales in 2030 would still come from nonelectric vehicles, a slower transition than it plans for cars. The company says it will be fully carbon-neutral by 2050.</p><p>The challenges in turning electric cars into a mainstream product are compounded for motorcycles, according to Mr. Nomura. The smaller vehicles can’t easily be fit with bulky batteries to give them long driving range, and even a small amount of extra cost may push a motorcycle out of the range developing-nation consumers can afford.</p><p>Much of the fight for the future of motorcycles is taking place in India, the world’s biggest market for two-wheelers. India made up roughly a quarter of Honda’s total two-wheeler unit sales for the recent April-to-June period and the company believes it has high growth potential, said Mr. Nomura.</p><p>In the year ended in March, 231,338 electrified motorcycles and scooters were sold in India, according to India’s Federation of Automobile Dealers Associations, a nearly sixfold increase from the previous year. That was still only about 2% of overall motorcycle and scooter sales.</p><p>Upstarts are angling to use electrification to reverse Honda’s advantage. Indian manufacturer Hero Electric Vehicles Pvt. Ltd. currently leads the electric two-wheeler market in India, with more than a quarter of the market.</p><p>“We want to be able to compete as quickly as possible” in India, Mr. Nomura said. Honda said it planned to introduce five electric moped or electric bike models in Asia between this year and 2024.</p><p></p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Honda Considers Listing for Electric-Motorcycle Business</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\">\nHonda Considers Listing for Electric-Motorcycle Business\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-13 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/honda-considers-listing-for-electric-motorcycle-business-11663081257?mod=hp_lista_pos4><strong>the wall street journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO—Honda Motor Co., the world’s top maker of motorcycles by market share, is considering a separate stock-market listing for itselectric two-wheeler business, a move it says could help accelerate ...</p>\n\n<a href=\"https://www.wsj.com/articles/honda-considers-listing-for-electric-motorcycle-business-11663081257?mod=hp_lista_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HMC":"本田汽车"},"source_url":"https://www.wsj.com/articles/honda-considers-listing-for-electric-motorcycle-business-11663081257?mod=hp_lista_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198162643","content_text":"TOKYO—Honda Motor Co., the world’s top maker of motorcycles by market share, is considering a separate stock-market listing for itselectric two-wheeler business, a move it says could help accelerate its push into the market.Honda said Tuesday it was aiming to roll out 10 or more electric motorcycle models globally by 2025 and sell 3.5 million of the vehicles a year by 2030. That would represent 15% of its total sales in the category, up from less than 1% today.Honda Managing Officer Yoshishige Nomura said the company was looking at whether to separate the electric two-wheeler business into a new unit and list some shares of that business on a stock exchange. He said consideration of the pluses and minuses was still at an early stage.“If changing up the internal organization of the company is determined to have the potential to create greater movement toward electrification, it’d be a good move,” Mr. Nomura said. He said that for now, Honda didn’t need an external cash injection to finance its push into electric motorcycles.Since it first began selling motorcycles in 1949, Honda has manufactured more of the vehicles than any other company thanks in part to its strength in internal combustion engine technology.It remains a profitable business for the company, with margins well above what it earns on cars. Motorcycles accounted for nearly half of Honda’s operating profit in the April-to-June quarter when auto sales struggled because of parts shortages.But some rivals inbig markets such as Indiahave gotten ahead of Honda in introducing motorcycles and electric bikes driven by batteries. Just as legacy car makers have yielded market share to all-electric newcomers such asTeslaInc., Honda faces the risk of falling behind technology shifts.Honda’s U.S. rival,Harley-DavidsonInc., said in December it wouldpursue a separate stock listingof its electric arm, LiveWire, via a blank-check merger. The deal is expected to close this month after being delayed by market turmoil.In 2020, Honda claimed around a fifth of the share of the global motorcycle market, according to market researcher Deallab, followed byYamaha MotorCo. with 10.4% and Harley-Davidson with 4.4%.In general, electrification of the world’s motorcycle fleet is moving more slowly than the shift to electric cars, in part because some of the biggest markets are developing nations like India where advanced recharging equipment is scarce.Rahul Mehta, founder and CEO of Bikers Club Network based in Mumbai, said it generally took eight to 10 hours to charge the battery of an electric motorcycle after riding it for around 45 to 60 miles.Electric motorcycles are “eco-friendly and they are definitely the future, but right now it’s the infrastructure,” he said.Under Honda’s road map, 85% of its total two-wheeler sales in 2030 would still come from nonelectric vehicles, a slower transition than it plans for cars. The company says it will be fully carbon-neutral by 2050.The challenges in turning electric cars into a mainstream product are compounded for motorcycles, according to Mr. Nomura. The smaller vehicles can’t easily be fit with bulky batteries to give them long driving range, and even a small amount of extra cost may push a motorcycle out of the range developing-nation consumers can afford.Much of the fight for the future of motorcycles is taking place in India, the world’s biggest market for two-wheelers. India made up roughly a quarter of Honda’s total two-wheeler unit sales for the recent April-to-June period and the company believes it has high growth potential, said Mr. Nomura.In the year ended in March, 231,338 electrified motorcycles and scooters were sold in India, according to India’s Federation of Automobile Dealers Associations, a nearly sixfold increase from the previous year. That was still only about 2% of overall motorcycle and scooter sales.Upstarts are angling to use electrification to reverse Honda’s advantage. Indian manufacturer Hero Electric Vehicles Pvt. Ltd. currently leads the electric two-wheeler market in India, with more than a quarter of the market.“We want to be able to compete as quickly as possible” in India, Mr. Nomura said. Honda said it planned to introduce five electric moped or electric bike models in Asia between this year and 2024.","news_type":1},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935512169,"gmtCreate":1663114021452,"gmtModify":1676537205215,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935512169","repostId":"1120673157","repostType":4,"repost":{"id":"1120673157","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1663111205,"share":"https://ttm.financial/m/news/1120673157?lang=&edition=fundamental","pubTime":"2022-09-14 07:20","market":"us","language":"en","title":"Starbucks Projects Profit Growth From Tech, Stores, Workers Spending","url":"https://stock-news.laohu8.com/highlight/detail?id=1120673157","media":"Reuters","summary":"(Reuters) - Starbucks Corp  projects profits to grow between 15% to 20% per share over the next thre","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/SBUX\">Starbucks Corp </a> projects profits to grow between 15% to 20% per share over the next three years, a significant increase from previous guidance based on spending plans of $2.5 to $3 billion over the same period on technology, new stores and renovations, the coffee chain said on Tuesday.</p><p>The company is introducing technology to speed up production of its increasingly popular cold beverages and send digital orders away from busy locations as it seeks to prevent U.S. cafes from being overwhelmed by orders and improve working conditions for employees, it announced during its Investor Day event.</p><p>The Seattle-based company expects to return $20 billion to investors via share buybacks and dividends from fiscal 2023 to 2025. Wall Street analysts had largely expected earnings updates to be in line with previous guidance of 10 to 12% growth.</p><p>A surge in digital orders, which now make up nearly a quarter of all orders, has helped the coffee chain gain market share during the COVID-19 pandemic but has also led to barista burnout and strained the physical capacity at older stores.</p><p>The company is exploring &#34;load balancing&#34; technology that can send orders to stores that have capacity to actually fulfill them – instead of to stores already being slammed by drive-thru customers, for instance, Chief Technology Officer Deb Hall Lefevre said in an interview with Reuters.</p><p><b>&#34;REINVENTION&#34; OF STARBUCKS SINCE PANDEMIC</b></p><p>The pandemic changed customer behavior, leading to a deluge of mobile, delivery and drive-thru orders, as well as an increase in cold beverages and customized coffee drinks.</p><p>Calling it a &#34;reinvention,&#34; the company laid out a sweeping plan spearheaded by interim Chief Executive Officer Howard Schultz, who will be replaced by Laxman Narasimhan in April.</p><p>The plan includes new equipment to heat food faster with less plastic waste, new store designs with larger shelves for orders and additional employee benefits.</p><p>A new system for iced coffee drinks shaves nearly a minute off the time it takes to make a Mocha Frappuccino, down to 35 seconds. Baristas would no longer need to haul a bucket of ice to the station every hour because the ice will be automatically fed into the new equipment.</p><p>Another machine, which brews hot coffee one cup at a time instead of in bulk batches and eliminates paper filters, is being tested in Minneapolis locations and could be rolled out next year.</p><p>Starbucks is on pace to reach 45,000 stores by the end of fiscal 2025 - or nearly eight new stores per day - it said. That includes a net new 2,000 new U.S. stores and some delivery-only locations.</p><p>In China, it plans to nearly double the number of stores to 9,000 - or one new store nearly every nine hours.</p><p><b>UNION BACKDROP</b></p><p>Employees at 236 stores voted to join a union over the past year, out of Starbucks&#39; nearly 9,000 corporate-owned U.S. locations. Conversely, 52 stores voted against unionizing, according to National Labor Relations Board data.</p><p>Frank Britt, brought in by Schultz to lead the company&#39;s transformation strategy, said workers know how to solve the company&#39;s problems because they are on the front line.</p><p>&#34;A lot of the concerns the partners have, whether they&#39;re affiliated with the union or not, are valid concerns. We agree, there&#39;s a trust deficit,&#34; he said in an interview.</p><p>Union members have been holding protests this week to bring attention to their demands. Billie Adeosun, a Starbucks employee since 2015 who works at a unionized location in Olympia, said on Monday higher wages were a top priority.</p><p>The company has lifted pay to an average of nearly $17 across non-unionized U.S. locations. Starbucks says the law prohibits it from offering increased benefits to unionized workers without bargaining over them.</p><p>&#34;We know that these benefits or higher wages… wouldn&#39;t even exist without unions,&#34; said Adeosun, who makes $15 an hour. &#34;We&#39;ve been able to shine a spotlight on this company and show that they&#39;re not the liberal company they claim to be.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Starbucks Projects Profit Growth From Tech, Stores, Workers Spending</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\">\nStarbucks Projects Profit Growth From Tech, Stores, Workers Spending\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\">2022-09-14 07:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/SBUX\">Starbucks Corp </a> projects profits to grow between 15% to 20% per share over the next three years, a significant increase from previous guidance based on spending plans of $2.5 to $3 billion over the same period on technology, new stores and renovations, the coffee chain said on Tuesday.</p><p>The company is introducing technology to speed up production of its increasingly popular cold beverages and send digital orders away from busy locations as it seeks to prevent U.S. cafes from being overwhelmed by orders and improve working conditions for employees, it announced during its Investor Day event.</p><p>The Seattle-based company expects to return $20 billion to investors via share buybacks and dividends from fiscal 2023 to 2025. Wall Street analysts had largely expected earnings updates to be in line with previous guidance of 10 to 12% growth.</p><p>A surge in digital orders, which now make up nearly a quarter of all orders, has helped the coffee chain gain market share during the COVID-19 pandemic but has also led to barista burnout and strained the physical capacity at older stores.</p><p>The company is exploring &#34;load balancing&#34; technology that can send orders to stores that have capacity to actually fulfill them – instead of to stores already being slammed by drive-thru customers, for instance, Chief Technology Officer Deb Hall Lefevre said in an interview with Reuters.</p><p><b>&#34;REINVENTION&#34; OF STARBUCKS SINCE PANDEMIC</b></p><p>The pandemic changed customer behavior, leading to a deluge of mobile, delivery and drive-thru orders, as well as an increase in cold beverages and customized coffee drinks.</p><p>Calling it a &#34;reinvention,&#34; the company laid out a sweeping plan spearheaded by interim Chief Executive Officer Howard Schultz, who will be replaced by Laxman Narasimhan in April.</p><p>The plan includes new equipment to heat food faster with less plastic waste, new store designs with larger shelves for orders and additional employee benefits.</p><p>A new system for iced coffee drinks shaves nearly a minute off the time it takes to make a Mocha Frappuccino, down to 35 seconds. Baristas would no longer need to haul a bucket of ice to the station every hour because the ice will be automatically fed into the new equipment.</p><p>Another machine, which brews hot coffee one cup at a time instead of in bulk batches and eliminates paper filters, is being tested in Minneapolis locations and could be rolled out next year.</p><p>Starbucks is on pace to reach 45,000 stores by the end of fiscal 2025 - or nearly eight new stores per day - it said. That includes a net new 2,000 new U.S. stores and some delivery-only locations.</p><p>In China, it plans to nearly double the number of stores to 9,000 - or one new store nearly every nine hours.</p><p><b>UNION BACKDROP</b></p><p>Employees at 236 stores voted to join a union over the past year, out of Starbucks&#39; nearly 9,000 corporate-owned U.S. locations. Conversely, 52 stores voted against unionizing, according to National Labor Relations Board data.</p><p>Frank Britt, brought in by Schultz to lead the company&#39;s transformation strategy, said workers know how to solve the company&#39;s problems because they are on the front line.</p><p>&#34;A lot of the concerns the partners have, whether they&#39;re affiliated with the union or not, are valid concerns. We agree, there&#39;s a trust deficit,&#34; he said in an interview.</p><p>Union members have been holding protests this week to bring attention to their demands. Billie Adeosun, a Starbucks employee since 2015 who works at a unionized location in Olympia, said on Monday higher wages were a top priority.</p><p>The company has lifted pay to an average of nearly $17 across non-unionized U.S. locations. Starbucks says the law prohibits it from offering increased benefits to unionized workers without bargaining over them.</p><p>&#34;We know that these benefits or higher wages… wouldn&#39;t even exist without unions,&#34; said Adeosun, who makes $15 an hour. &#34;We&#39;ve been able to shine a spotlight on this company and show that they&#39;re not the liberal company they claim to be.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120673157","content_text":"(Reuters) - Starbucks Corp  projects profits to grow between 15% to 20% per share over the next three years, a significant increase from previous guidance based on spending plans of $2.5 to $3 billion over the same period on technology, new stores and renovations, the coffee chain said on Tuesday.The company is introducing technology to speed up production of its increasingly popular cold beverages and send digital orders away from busy locations as it seeks to prevent U.S. cafes from being overwhelmed by orders and improve working conditions for employees, it announced during its Investor Day event.The Seattle-based company expects to return $20 billion to investors via share buybacks and dividends from fiscal 2023 to 2025. Wall Street analysts had largely expected earnings updates to be in line with previous guidance of 10 to 12% growth.A surge in digital orders, which now make up nearly a quarter of all orders, has helped the coffee chain gain market share during the COVID-19 pandemic but has also led to barista burnout and strained the physical capacity at older stores.The company is exploring \"load balancing\" technology that can send orders to stores that have capacity to actually fulfill them – instead of to stores already being slammed by drive-thru customers, for instance, Chief Technology Officer Deb Hall Lefevre said in an interview with Reuters.\"REINVENTION\" OF STARBUCKS SINCE PANDEMICThe pandemic changed customer behavior, leading to a deluge of mobile, delivery and drive-thru orders, as well as an increase in cold beverages and customized coffee drinks.Calling it a \"reinvention,\" the company laid out a sweeping plan spearheaded by interim Chief Executive Officer Howard Schultz, who will be replaced by Laxman Narasimhan in April.The plan includes new equipment to heat food faster with less plastic waste, new store designs with larger shelves for orders and additional employee benefits.A new system for iced coffee drinks shaves nearly a minute off the time it takes to make a Mocha Frappuccino, down to 35 seconds. Baristas would no longer need to haul a bucket of ice to the station every hour because the ice will be automatically fed into the new equipment.Another machine, which brews hot coffee one cup at a time instead of in bulk batches and eliminates paper filters, is being tested in Minneapolis locations and could be rolled out next year.Starbucks is on pace to reach 45,000 stores by the end of fiscal 2025 - or nearly eight new stores per day - it said. That includes a net new 2,000 new U.S. stores and some delivery-only locations.In China, it plans to nearly double the number of stores to 9,000 - or one new store nearly every nine hours.UNION BACKDROPEmployees at 236 stores voted to join a union over the past year, out of Starbucks' nearly 9,000 corporate-owned U.S. locations. Conversely, 52 stores voted against unionizing, according to National Labor Relations Board data.Frank Britt, brought in by Schultz to lead the company's transformation strategy, said workers know how to solve the company's problems because they are on the front line.\"A lot of the concerns the partners have, whether they're affiliated with the union or not, are valid concerns. We agree, there's a trust deficit,\" he said in an interview.Union members have been holding protests this week to bring attention to their demands. Billie Adeosun, a Starbucks employee since 2015 who works at a unionized location in Olympia, said on Monday higher wages were a top priority.The company has lifted pay to an average of nearly $17 across non-unionized U.S. locations. Starbucks says the law prohibits it from offering increased benefits to unionized workers without bargaining over them.\"We know that these benefits or higher wages… wouldn't even exist without unions,\" said Adeosun, who makes $15 an hour. \"We've been able to shine a spotlight on this company and show that they're not the liberal company they claim to be.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935516636,"gmtCreate":1663114005825,"gmtModify":1676537205192,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935516636","repostId":"2267554270","repostType":4,"repost":{"id":"2267554270","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1663117235,"share":"https://ttm.financial/m/news/2267554270?lang=&edition=fundamental","pubTime":"2022-09-14 09:00","market":"us","language":"en","title":"Ark's Cathie Wood Calls Fed Hikes a Mistake and Preps for Deflation","url":"https://stock-news.laohu8.com/highlight/detail?id=2267554270","media":"Reuters","summary":"(Reuters) - Star stock picker Cathie Wood of Ark Invest cautioned that the Federal Reserve is making","content":"<html><head></head><body><p>(Reuters) - Star stock picker Cathie Wood of Ark Invest cautioned that the Federal Reserve is making a mistake with its widely-expected interest rate hikes to bring down high inflation and said she is more concerned about deflation.</p><p>The benchmark S&amp;P 500 fell more than 2% and Treasury yields surged Tuesday after data showed consumer prices did not ease as anticipated in August and price pressures appeared to broaden. Markets are now anticipating a 100% probability the Fed raises benchmark interest rates at least 75 basis points at its meeting that concludes Sept. 21.</p><p>Wood, however, said falling commodity and freight charges, as well as stable gold prices suggest the supply chain issues that pushed inflation to 40-year highs are moderating. At the same time, she said the U.S. economy is likely in recession, which will bring down price pressures.</p><p>The Fed&#39;s push to raise interest rates &#34;will prove a mistake,&#34; Wood said.</p><p>Wood said that Ark estimates global &#34;disruptive innovation&#34; stocks are now worth roughly $8 trillion in market value, which the firm expects to increase to $200 trillion within the next 8 to 10 years.</p><p>Wood&#39;s flagship ARK Innovation fund fell 5.5% in Tuesday afternoon trading as top holdings including cryptocurrency company Coinbase Global and virtual healthcare company Teledoc Health Inc fell more than 6%.</p><p>Ark Innovation is down 54.4% for the year to date, a performance that puts it at the bottom of the 597 U.S. mid-cap growth funds tracked by Morningstar.</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>Ark's Cathie Wood Calls Fed Hikes a Mistake and Preps for Deflation</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\">\nArk's Cathie Wood Calls Fed Hikes a Mistake and Preps for Deflation\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\">2022-09-14 09:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Star stock picker Cathie Wood of Ark Invest cautioned that the Federal Reserve is making a mistake with its widely-expected interest rate hikes to bring down high inflation and said she is more concerned about deflation.</p><p>The benchmark S&amp;P 500 fell more than 2% and Treasury yields surged Tuesday after data showed consumer prices did not ease as anticipated in August and price pressures appeared to broaden. Markets are now anticipating a 100% probability the Fed raises benchmark interest rates at least 75 basis points at its meeting that concludes Sept. 21.</p><p>Wood, however, said falling commodity and freight charges, as well as stable gold prices suggest the supply chain issues that pushed inflation to 40-year highs are moderating. At the same time, she said the U.S. economy is likely in recession, which will bring down price pressures.</p><p>The Fed&#39;s push to raise interest rates &#34;will prove a mistake,&#34; Wood said.</p><p>Wood said that Ark estimates global &#34;disruptive innovation&#34; stocks are now worth roughly $8 trillion in market value, which the firm expects to increase to $200 trillion within the next 8 to 10 years.</p><p>Wood&#39;s flagship ARK Innovation fund fell 5.5% in Tuesday afternoon trading as top holdings including cryptocurrency company Coinbase Global and virtual healthcare company Teledoc Health Inc fell more than 6%.</p><p>Ark Innovation is down 54.4% for the year to date, a performance that puts it at the bottom of the 597 U.S. mid-cap growth funds tracked by Morningstar.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267554270","content_text":"(Reuters) - Star stock picker Cathie Wood of Ark Invest cautioned that the Federal Reserve is making a mistake with its widely-expected interest rate hikes to bring down high inflation and said she is more concerned about deflation.The benchmark S&P 500 fell more than 2% and Treasury yields surged Tuesday after data showed consumer prices did not ease as anticipated in August and price pressures appeared to broaden. Markets are now anticipating a 100% probability the Fed raises benchmark interest rates at least 75 basis points at its meeting that concludes Sept. 21.Wood, however, said falling commodity and freight charges, as well as stable gold prices suggest the supply chain issues that pushed inflation to 40-year highs are moderating. At the same time, she said the U.S. economy is likely in recession, which will bring down price pressures.The Fed's push to raise interest rates \"will prove a mistake,\" Wood said.Wood said that Ark estimates global \"disruptive innovation\" stocks are now worth roughly $8 trillion in market value, which the firm expects to increase to $200 trillion within the next 8 to 10 years.Wood's flagship ARK Innovation fund fell 5.5% in Tuesday afternoon trading as top holdings including cryptocurrency company Coinbase Global and virtual healthcare company Teledoc Health Inc fell more than 6%.Ark Innovation is down 54.4% for the year to date, a performance that puts it at the bottom of the 597 U.S. mid-cap growth funds tracked by Morningstar.","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935516807,"gmtCreate":1663113987709,"gmtModify":1676537205193,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935516807","repostId":"2267553206","repostType":4,"isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935518408,"gmtCreate":1663113956305,"gmtModify":1676537205177,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935518408","repostId":"2267850566","repostType":4,"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935518891,"gmtCreate":1663113939514,"gmtModify":1676537205161,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935518891","repostId":"2267566989","repostType":4,"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935511554,"gmtCreate":1663113918678,"gmtModify":1676537205144,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935511554","repostId":"1158963742","repostType":4,"repost":{"id":"1158963742","kind":"news","pubTimestamp":1663112631,"share":"https://ttm.financial/m/news/1158963742?lang=&edition=fundamental","pubTime":"2022-09-14 07:43","market":"us","language":"en","title":"Why Did Peloton Plummet on Tuesday? Executive Shakeup Amid Broader Selloff","url":"https://stock-news.laohu8.com/highlight/detail?id=1158963742","media":"Seeking Alpha","summary":"Peloton Interactive  was among the worst performers in the market on an already down day for most se","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/PTON\">Peloton Interactive </a> was among the worst performers in the market on an already down day for most sectors, as a surprise shift in the boardroom added to pain for the fitness bike manufacturer.</p><p>Shares of the former pandemic darling fell 10.32% in Tuesday’s session, adding to losses that have amounted to an over 70% decline year to date.</p><p>The outsized decline on Tuesday came after the company accepted the resignation of co-founder and former CEO John Foley from his position as executive chairman, effective immediately, on Monday evening. His departure was joined by the announcement of a planned exit of fellow co-founder and Chief Legal Officer Hisao Kushi, effective October 3.</p><p>Kushi will be replaced by former Uber Chief Deputy Counsel Tammy Albarrán, while Karen Boone will assume the role of Board Chair.</p><p>Greg Selker, Managing Director and North American Technology Practice Leader at Stanton Chase, told SeekingAlpha that the company became a victim of overaggressive expansion during the pandemic wherein they believed growth would continue and “cover the sins” of the company. As such, staff cuts and a strategy reorientation under new leadership in 2022 was not unexpected, even in the upper echelons of the company’s management.</p><p>Selker added that the new hires to replace the departing co-founders beg questions about the company culture.</p><p>“The departure of two co-founders and a replacement of the Chief Legal Officer with a person from Uber, with the press release mentioning her work in the ‘cultural transformation’ at that company, that seems to imply issues with the culture of the company that might need to be addressed,” he said.</p><p>Of course, aside from the executive shakeup, a general market downdraft amid a hotter than expected inflation report dragged down many stocks that rely upon consumer discretionary spending. Peloton’s (PTON) products fall squarely in that category, making the slide not so far from the norm on Tuesday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Did Peloton Plummet on Tuesday? Executive Shakeup Amid Broader Selloff</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 Did Peloton Plummet on Tuesday? Executive Shakeup Amid Broader Selloff\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-14 07:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3882543-why-did-peloton-plummet-on-tuesday-executive-shakeup-amid-broader-selloff><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Peloton Interactive  was among the worst performers in the market on an already down day for most sectors, as a surprise shift in the boardroom added to pain for the fitness bike manufacturer.Shares ...</p>\n\n<a href=\"https://seekingalpha.com/news/3882543-why-did-peloton-plummet-on-tuesday-executive-shakeup-amid-broader-selloff\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PTON":"Peloton Interactive, Inc."},"source_url":"https://seekingalpha.com/news/3882543-why-did-peloton-plummet-on-tuesday-executive-shakeup-amid-broader-selloff","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158963742","content_text":"Peloton Interactive  was among the worst performers in the market on an already down day for most sectors, as a surprise shift in the boardroom added to pain for the fitness bike manufacturer.Shares of the former pandemic darling fell 10.32% in Tuesday’s session, adding to losses that have amounted to an over 70% decline year to date.The outsized decline on Tuesday came after the company accepted the resignation of co-founder and former CEO John Foley from his position as executive chairman, effective immediately, on Monday evening. His departure was joined by the announcement of a planned exit of fellow co-founder and Chief Legal Officer Hisao Kushi, effective October 3.Kushi will be replaced by former Uber Chief Deputy Counsel Tammy Albarrán, while Karen Boone will assume the role of Board Chair.Greg Selker, Managing Director and North American Technology Practice Leader at Stanton Chase, told SeekingAlpha that the company became a victim of overaggressive expansion during the pandemic wherein they believed growth would continue and “cover the sins” of the company. As such, staff cuts and a strategy reorientation under new leadership in 2022 was not unexpected, even in the upper echelons of the company’s management.Selker added that the new hires to replace the departing co-founders beg questions about the company culture.“The departure of two co-founders and a replacement of the Chief Legal Officer with a person from Uber, with the press release mentioning her work in the ‘cultural transformation’ at that company, that seems to imply issues with the culture of the company that might need to be addressed,” he said.Of course, aside from the executive shakeup, a general market downdraft amid a hotter than expected inflation report dragged down many stocks that rely upon consumer discretionary spending. Peloton’s (PTON) products fall squarely in that category, making the slide not so far from the norm on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935511923,"gmtCreate":1663113892063,"gmtModify":1676537205127,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935511923","repostId":"1150110459","repostType":4,"repost":{"id":"1150110459","kind":"news","pubTimestamp":1663110393,"share":"https://ttm.financial/m/news/1150110459?lang=&edition=fundamental","pubTime":"2022-09-14 07:06","market":"us","language":"en","title":"\"They Should Do 100\": Wall Street Debates the Fed’s Next Rate Move","url":"https://stock-news.laohu8.com/highlight/detail?id=1150110459","media":"Bloomberg","summary":"‘Markets would hate it’ versus ‘the market might rally’100-point basis move would ‘reinforce credibi","content":"<html><head></head><body><ul><li>‘Markets would hate it’ versus ‘the market might rally’</li><li>100-point basis move would ‘reinforce credibility’: Summers</li></ul><p>Tuesday’s unexpectedly hot inflation reading virtually assured markets that the Federal Reserve will raise rates by 75 basis points next week. Wall Street then began to weigh the chance that the Fed might make a more dramatic statement.</p><p>The odds for a 100 basis point rate hike jumped more than 20% after the consumer price index showed an increase from July. With hopes of a “Fed pivot” firmly dashed, the S&amp;P 500 Index tumbled as much as 3.2%.</p><p>Most investment professionals doubted that an unexpectedly high inflation reading would push the central bank off course to raise rates at their September meeting by an amount not seen since 1984.</p><p>“The Fed will want to follow what the market expects and the market is really expecting a 75 basis points move -– so that’s what the Fed will do,” said Tom Di Galoma, managing director at Seaport Global.</p><p>But on Tuesday, Nomura economists changed their forecast for the Fed’s September meeting from a 75 to 100 basis points, writing that “a more aggressive path of interest rate hikes will be needed to combat increasingly entrenched inflation.”</p><p>Larry Summers, former Treasury Secretary and the President Emeritus of Harvard University, tweeted that if he was a Fed official, he would pick “a 100 basis points move to reinforce credibility.”</p><p>And Scott Buchta, head of fixed-income strategy at Brean Capital, said that if the Fed needs to raise rates sharply, it would be best to do so quickly and get it over with.</p><p>“Seventy-five is most likely, but they should do 100,” he said.</p><p><img src=\"https://static.tigerbbs.com/488325a43551ea5baed1404b2226daae\" tg-width=\"698\" tg-height=\"392\" referrerpolicy=\"no-referrer\"/>Here’s what other Wall Street strategists said:</p><p>Andrew Lekas, head of FICC trading at Old Mission Capital:</p><blockquote>“Oddly enough, I think the market might rally,” he said. “They want to see the Fed take things seriously on the inflation front, and the sooner we get to the end of these hikes the better.”</blockquote><blockquote>“The knee-jerk reaction is probably lower in all risk assets, and there’s the obvious funding impact on anyone who is using leverage, but for the medium term health of the market I think 100 might make sense.”</blockquote><p>Steven Englander, head of Group-of-10 currency research at Standard Charter:</p><blockquote>“If you are on the FOMC and believe that the market needs shock and awe to lower inflation expectations, then maybe you argue for 100bps. I think it’s more sensible for the FOMC to say ‘we can keep raising rates as far as we have to but don’t have to do it at once.’”</blockquote><p>Ian Shepherdson, chief economist at Pantheon Macroeconomics:</p><blockquote>“Eleven Fed officials have made it very clear that they will not slow the pace of rate hikes until they see convincing evidence that core inflation pressure is easing on a sequential basis. These data mean that the chance of a 50bp hike next week has gone,” he said. “But the 20% chance of a 100bp hike now priced-in looks over the top.”</blockquote><p>Kate Moore, BlackRock Head of Thematic Strategy for Global Allocation:</p><blockquote>“We haven’t changed our call (75bp) but I think it’s really wise to adjust expectations around the forward path especially to the year end,” she said. “The fact that 100bps is starting to get somewhat priced into the market, it’s a bit destabilizing for the equity market.”</blockquote><p>Nisha Patel, director and portfolio manager of fixed income at Parametric:</p><blockquote>“Don’t be surprised if the Fed’s hand is forced to do 100bps. The idea that inflation had peaked has been dispelled and now the likelihood of that soft landing for the economy has only decreased. Expect long-bond yields likely to come down leading up to the September meeting as recessionary risk increases.”</blockquote><p>Seema Shah, Chief Global Strategist at Principal Global Investors:</p><blockquote>“Until the Fed can tame that beast, there is simply no room for a discussion on pivots or pauses.”</blockquote><p>Alex Chaloff, co-head of investment strategies at Bernstein Private Wealth Management:</p><blockquote>“Powell has been more careful with his communications. If we go for 100bps, I would expect we would get the same tipping of the hand as we have gotten when we did 75bps.”</blockquote></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>\"They Should Do 100\": Wall Street Debates the Fed’s Next Rate Move</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\">\n\"They Should Do 100\": Wall Street Debates the Fed’s Next Rate Move\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-14 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-13/-they-should-do-100-traders-debate-the-fed-s-next-rate-move?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘Markets would hate it’ versus ‘the market might rally’100-point basis move would ‘reinforce credibility’: SummersTuesday’s unexpectedly hot inflation reading virtually assured markets that the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-13/-they-should-do-100-traders-debate-the-fed-s-next-rate-move?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-09-13/-they-should-do-100-traders-debate-the-fed-s-next-rate-move?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150110459","content_text":"‘Markets would hate it’ versus ‘the market might rally’100-point basis move would ‘reinforce credibility’: SummersTuesday’s unexpectedly hot inflation reading virtually assured markets that the Federal Reserve will raise rates by 75 basis points next week. Wall Street then began to weigh the chance that the Fed might make a more dramatic statement.The odds for a 100 basis point rate hike jumped more than 20% after the consumer price index showed an increase from July. With hopes of a “Fed pivot” firmly dashed, the S&P 500 Index tumbled as much as 3.2%.Most investment professionals doubted that an unexpectedly high inflation reading would push the central bank off course to raise rates at their September meeting by an amount not seen since 1984.“The Fed will want to follow what the market expects and the market is really expecting a 75 basis points move -– so that’s what the Fed will do,” said Tom Di Galoma, managing director at Seaport Global.But on Tuesday, Nomura economists changed their forecast for the Fed’s September meeting from a 75 to 100 basis points, writing that “a more aggressive path of interest rate hikes will be needed to combat increasingly entrenched inflation.”Larry Summers, former Treasury Secretary and the President Emeritus of Harvard University, tweeted that if he was a Fed official, he would pick “a 100 basis points move to reinforce credibility.”And Scott Buchta, head of fixed-income strategy at Brean Capital, said that if the Fed needs to raise rates sharply, it would be best to do so quickly and get it over with.“Seventy-five is most likely, but they should do 100,” he said.Here’s what other Wall Street strategists said:Andrew Lekas, head of FICC trading at Old Mission Capital:“Oddly enough, I think the market might rally,” he said. “They want to see the Fed take things seriously on the inflation front, and the sooner we get to the end of these hikes the better.”“The knee-jerk reaction is probably lower in all risk assets, and there’s the obvious funding impact on anyone who is using leverage, but for the medium term health of the market I think 100 might make sense.”Steven Englander, head of Group-of-10 currency research at Standard Charter:“If you are on the FOMC and believe that the market needs shock and awe to lower inflation expectations, then maybe you argue for 100bps. I think it’s more sensible for the FOMC to say ‘we can keep raising rates as far as we have to but don’t have to do it at once.’”Ian Shepherdson, chief economist at Pantheon Macroeconomics:“Eleven Fed officials have made it very clear that they will not slow the pace of rate hikes until they see convincing evidence that core inflation pressure is easing on a sequential basis. These data mean that the chance of a 50bp hike next week has gone,” he said. “But the 20% chance of a 100bp hike now priced-in looks over the top.”Kate Moore, BlackRock Head of Thematic Strategy for Global Allocation:“We haven’t changed our call (75bp) but I think it’s really wise to adjust expectations around the forward path especially to the year end,” she said. “The fact that 100bps is starting to get somewhat priced into the market, it’s a bit destabilizing for the equity market.”Nisha Patel, director and portfolio manager of fixed income at Parametric:“Don’t be surprised if the Fed’s hand is forced to do 100bps. The idea that inflation had peaked has been dispelled and now the likelihood of that soft landing for the economy has only decreased. Expect long-bond yields likely to come down leading up to the September meeting as recessionary risk increases.”Seema Shah, Chief Global Strategist at Principal Global Investors:“Until the Fed can tame that beast, there is simply no room for a discussion on pivots or pauses.”Alex Chaloff, co-head of investment strategies at Bernstein Private Wealth Management:“Powell has been more careful with his communications. If we go for 100bps, I would expect we would get the same tipping of the hand as we have gotten when we did 75bps.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935513190,"gmtCreate":1663113860211,"gmtModify":1676537205103,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935513190","repostId":"2267503275","repostType":4,"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900340052,"gmtCreate":1658646449877,"gmtModify":1676536187271,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"themes":[],"htmlText":"Thanks for sharing&nbsp;","listText":"Thanks for sharing&nbsp;","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9900340052","repostId":"1190015955","repostType":4,"repost":{"id":"1190015955","kind":"news","pubTimestamp":1658620629,"share":"https://ttm.financial/m/news/1190015955?lang=&edition=fundamental","pubTime":"2022-07-24 07:57","market":"us","language":"en","title":"TSLA Stock News: 5 Biggest Headlines That Tesla Investors Need to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1190015955","media":"InvestorPlace","summary":"As noted, it was primarily due to its Bitcoin fire sale. Some experts had expressed concern that plunging crypto prices would end up hurting TSLA stock. But Elon Musk saw an opportunity as the bearish energy spurred by the recent crypto crash started to clear. Tesla offloaded 75% of its BTC holdings, adding an additional $936 million to its balance sheet. However, it held onto its Dogecoin  assets, leading some experts to wonder if Musk has more faith in the meme token. The CEO did not say, but ","content":"<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> has reported second-quarter earnings that were better than expected.</li><li>The decision to sell its Bitcoin (<b><u>BTC-USD</u></b>) holdings may have saved it.</li><li>But growing competition threatens to hinder the future progress of TSLA stock.</li></ul><p>Tesla (NASDAQ:TSLA) is finally moving forward after its 2022 second-quarter earnings report. After weeks of speculation that the difficult quarter would lead to poor earnings, the company surprised Wall Street. Despite revenue falling off from the previous quarter, Tesla met analyst expectations and added more than $900 million to its balance sheet after selling 75% of its Bitcoin (BTC-USD) holdings.</p><p>“The electric automaker’s revenue took a significant quarter-over-quarter hit in Q2, falling from $18.76 billion in Q1 2022, but rose year-over-year from $11.95 billion,” reports Yahoo Finance. TSLA stock rose following the earnings release, and it’s poised to end the week in the green.</p><p>This has been a week of generally good news for the electric vehicle (EV) leader. With the earnings report safely in its rearview mirror, Tesla can focus on scaling production in the upcoming quarter.</p><p>But even as it gears up for what promises to be a better earnings period than the last, Tesla’s rivals are hard at work building new EVs. It is still uncertain how long Tesla can maintain its market share for. However, new data has shown in the subsector of luxury EVs, it remains the undisputed leader.</p><p>Let’s take a look at the week’s top TSLA stock stories investors should be reading.</p><h3><b>Top Headlines for TSLA Stock Investors</b></h3><p>1. Tesla shares jump on second-quarter report that was better than analysts feared</p><p>Many experts eyed Tesla with caution as the company prepared to report Q2 earnings. With the quarter marked by multiple factory shutdowns and grim statements from Elon Musk, it’s not hard to see why. But since Tesla topped Wall Street estimates in both revenue and earnings-per-share (EPS), many experts have reiterated their price targets. Dan Ives and John Katsingris of Wedbush noted, “The quarter was better than feared with healthy guidance for 2H by Musk &amp; Co. that look achievable with no margin for error.” TSLA stock has been rising steadily since yesterday, taking it to 12% gains for the week.</p><p>2. Tesla cashes out $936 million in Bitcoin, after a year of crypto turbulence</p><p>How did Tesla report positive earnings after such a turbulent quarter? As noted, it was primarily due to its Bitcoin fire sale. Some experts had expressed concern that plunging crypto prices would end up hurting TSLA stock. But Elon Musk saw an opportunity as the bearish energy spurred by the recent crypto crash started to clear. Tesla offloaded 75% of its BTC holdings, adding an additional $936 million to its balance sheet. However, it held onto its Dogecoin (DOGE-USD) assets, leading some experts to wonder if Musk has more faith in the meme token. The CEO did not say, but he did stress the sale should not be seen as a condemnation of Bitcoin.</p><p>3. GM Will Finally Have Rival to Tesla’s Model Y With Blazer EV</p><p>General Motors (NYSE:GM) has been working hard to cut into Tesla’s market share by producing a lower-cost EV. The legacy automaker has announced it plans to start selling its Chevrolet Blazer EV next year. This electric SUV is intended to directly rival Tesla’s Model Y, its current bestseller in the category in the U.S. The summer 2023 release will be followed by the launch of the Chevy Silverado EV and Equinox. One analyst predicts the range of mass market EVs will give GM a profit advantage over competitors like Ford (NYSE:F), implying it could also mean less sales for Tesla.</p><p>4. Tesla aims to start 4680 battery cell production at Gigafactory Texas this quarter</p><p>It isn’t just EV production that Tesla is focused on ramping up as Q3 takes shape. The company plans to start producing the 4680 battery cell before 2023 at Gigafactory Austin. There have been few updates provided in recent months regarding the battery pack and its innovative design. As Electrek reports, “This has been a concern for Tesla investors since the new battery technology is seen as critical to Tesla’s future vehicle programs.” However, the company’s senior vice president of powertrain and energy engineering has confirmed Tesla plans to begin production within the coming months.</p><p>5. New registration data shows how Tesla is doing among luxury cars and EVs; here’s what’s catching up</p><p>Tesla may be facing increasing competition from GM, but its hold over U.S. markets isn’t shrinking. Recent data from Experian indicates 179,574 new Teslas were registered in the U.S. in January through May, 66% more than that quarter from the previous year. As MarketWatch reports, “Those aren’t numbers for electric cars. They’re numbers for cars. Tesla became America’s best-selling luxury automaker in the fourth quarter of 2021. Its lead over the field appears to be growing.” Indeed, it does — Tesla’s Model Y SUV and Model 3 were the top most-registered EVs in the U.S. during that period, finishing comfortably above the Ford Mustang Mach-E.</p></body></html>","source":"lsy1606302653667","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>TSLA Stock News: 5 Biggest Headlines That Tesla Investors Need to Know This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTSLA Stock News: 5 Biggest Headlines That Tesla Investors Need to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-24 07:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/tsla-stock-news-5-biggest-headlines-that-tesla-investors-need-to-know-this-week-6/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla has reported second-quarter earnings that were better than expected.The decision to sell its Bitcoin (BTC-USD) holdings may have saved it.But growing competition threatens to hinder the future ...</p>\n\n<a href=\"https://investorplace.com/2022/07/tsla-stock-news-5-biggest-headlines-that-tesla-investors-need-to-know-this-week-6/\">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://investorplace.com/2022/07/tsla-stock-news-5-biggest-headlines-that-tesla-investors-need-to-know-this-week-6/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190015955","content_text":"Tesla has reported second-quarter earnings that were better than expected.The decision to sell its Bitcoin (BTC-USD) holdings may have saved it.But growing competition threatens to hinder the future progress of TSLA stock.Tesla (NASDAQ:TSLA) is finally moving forward after its 2022 second-quarter earnings report. After weeks of speculation that the difficult quarter would lead to poor earnings, the company surprised Wall Street. Despite revenue falling off from the previous quarter, Tesla met analyst expectations and added more than $900 million to its balance sheet after selling 75% of its Bitcoin (BTC-USD) holdings.“The electric automaker’s revenue took a significant quarter-over-quarter hit in Q2, falling from $18.76 billion in Q1 2022, but rose year-over-year from $11.95 billion,” reports Yahoo Finance. TSLA stock rose following the earnings release, and it’s poised to end the week in the green.This has been a week of generally good news for the electric vehicle (EV) leader. With the earnings report safely in its rearview mirror, Tesla can focus on scaling production in the upcoming quarter.But even as it gears up for what promises to be a better earnings period than the last, Tesla’s rivals are hard at work building new EVs. It is still uncertain how long Tesla can maintain its market share for. However, new data has shown in the subsector of luxury EVs, it remains the undisputed leader.Let’s take a look at the week’s top TSLA stock stories investors should be reading.Top Headlines for TSLA Stock Investors1. Tesla shares jump on second-quarter report that was better than analysts fearedMany experts eyed Tesla with caution as the company prepared to report Q2 earnings. With the quarter marked by multiple factory shutdowns and grim statements from Elon Musk, it’s not hard to see why. But since Tesla topped Wall Street estimates in both revenue and earnings-per-share (EPS), many experts have reiterated their price targets. Dan Ives and John Katsingris of Wedbush noted, “The quarter was better than feared with healthy guidance for 2H by Musk & Co. that look achievable with no margin for error.” TSLA stock has been rising steadily since yesterday, taking it to 12% gains for the week.2. Tesla cashes out $936 million in Bitcoin, after a year of crypto turbulenceHow did Tesla report positive earnings after such a turbulent quarter? As noted, it was primarily due to its Bitcoin fire sale. Some experts had expressed concern that plunging crypto prices would end up hurting TSLA stock. But Elon Musk saw an opportunity as the bearish energy spurred by the recent crypto crash started to clear. Tesla offloaded 75% of its BTC holdings, adding an additional $936 million to its balance sheet. However, it held onto its Dogecoin (DOGE-USD) assets, leading some experts to wonder if Musk has more faith in the meme token. The CEO did not say, but he did stress the sale should not be seen as a condemnation of Bitcoin.3. GM Will Finally Have Rival to Tesla’s Model Y With Blazer EVGeneral Motors (NYSE:GM) has been working hard to cut into Tesla’s market share by producing a lower-cost EV. The legacy automaker has announced it plans to start selling its Chevrolet Blazer EV next year. This electric SUV is intended to directly rival Tesla’s Model Y, its current bestseller in the category in the U.S. The summer 2023 release will be followed by the launch of the Chevy Silverado EV and Equinox. One analyst predicts the range of mass market EVs will give GM a profit advantage over competitors like Ford (NYSE:F), implying it could also mean less sales for Tesla.4. Tesla aims to start 4680 battery cell production at Gigafactory Texas this quarterIt isn’t just EV production that Tesla is focused on ramping up as Q3 takes shape. The company plans to start producing the 4680 battery cell before 2023 at Gigafactory Austin. There have been few updates provided in recent months regarding the battery pack and its innovative design. As Electrek reports, “This has been a concern for Tesla investors since the new battery technology is seen as critical to Tesla’s future vehicle programs.” However, the company’s senior vice president of powertrain and energy engineering has confirmed Tesla plans to begin production within the coming months.5. New registration data shows how Tesla is doing among luxury cars and EVs; here’s what’s catching upTesla may be facing increasing competition from GM, but its hold over U.S. markets isn’t shrinking. Recent data from Experian indicates 179,574 new Teslas were registered in the U.S. in January through May, 66% more than that quarter from the previous year. As MarketWatch reports, “Those aren’t numbers for electric cars. They’re numbers for cars. Tesla became America’s best-selling luxury automaker in the fourth quarter of 2021. Its lead over the field appears to be growing.” Indeed, it does — Tesla’s Model Y SUV and Model 3 were the top most-registered EVs in the U.S. during that period, finishing comfortably above the Ford Mustang Mach-E.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4113904591642392","authorId":"4113904591642392","name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","crmLevel":1,"crmLevelSwitch":0,"idStr":"4113904591642392","authorIdStr":"4113904591642392"},"content":"Are you new to Tiger? If yes, welcome to the Tiger Community🤗I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly & help to like your post too!","text":"Are you new to Tiger? If yes, welcome to the Tiger Community🤗I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly & help to like your post too!","html":"Are you new to Tiger? If yes, welcome to the Tiger Community🤗I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly & help to like your post too!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900357426,"gmtCreate":1658646419265,"gmtModify":1676536187270,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"themes":[],"htmlText":"Thanks for sharing","listText":"Thanks for sharing","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900357426","repostId":"2253015276","repostType":4,"repost":{"id":"2253015276","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1658624261,"share":"https://ttm.financial/m/news/2253015276?lang=&edition=fundamental","pubTime":"2022-07-24 08:57","market":"us","language":"en","title":"Here Are 5 Things We've Learned so Far From Earnings Season","url":"https://stock-news.laohu8.com/highlight/detail?id=2253015276","media":"Dow Jones","summary":"There are signs that supply chain woes are easing, while price increases to fight inflation are boos","content":"<html><head></head><body><p>There are signs that supply chain woes are easing, while price increases to fight inflation are boosting revenue.</p><p>Only about one-fifth of the S&amp;P 500 have so far reported second-quarter results, but at least five major talking points have emerged -- some quite surprising -- since earnings season started more than a week ago.</p><p>A key concern heading into earnings season wasn&#39;t what happened during the previous three-month period, but how much companies would lower forward guidance, given growing fears the Federal Reserve&#39;s aggressive interest rate increases to fight historically high inflation would tip the U.S. economy into a recession.</p><p>But with 106 of the 503 S&amp;P 500 companies having reported results through Friday morning, according to FactSet, that expected negative has so far been a positive.</p><p>For the second quarter, while more companies than usual are beating profit and revenue expectations, they&#39;re beating them by narrower-than-usual margins.</p><p>So far, so good</p><p>Through Friday morning, 75.5% of the companies reporting have been beating consensus analyst projections for earnings per share, by an average of about 4.7%, according to I/B/E/S data provided by Refinitiv. That compares with 66% of companies beating EPS estimates in a typical quarter since 1994, and an average beat margin of 9.5% for the prior four quarters.</p><p>And for revenue, 68.9% of the companies have topped forecasts by an average of about 1.3%, compared with 62% of companies beating in a typical quarter since 2002 and an average beat rate of 3.4% for the prior four quarters.</p><p>More beats by less than the usual amount has led to year-over-year growth in the blended EPS estimate, which includes results from companies that have already reported results and estimates of companies yet to report, to slip to 5.0% from an estimate of 5.7% growth as of March 31, according to FactSet data.</p><p>The blended estimate for revenue growth has increased to 10.7% from 9.7% at the end of March, FactSet said. That&#39;s because companies are not selling more but are selling at higher prices.</p><p>Meanwhile, despite worries that recession fears would lead to a raft of full-year guidance cuts, that just hasn&#39;t been the case. In fact the ratio of negative EPS preannouncements to positive preannouncements has so far been 1.7, according to I/B/E/S data, well below the long-term average of 2.6, and only slightly above the average over the prior four quarters of 1.5.</p><p>As a result, the FactSet consensus growth estimate for EPS has increased to 9.7% from 9.3% as of March 31, while the growth estimate for revenue has jumped to 10.4% from 8.9%.</p><p>Jeff Buchbinder, equity strategist for LPL Financial, said earnings are &#34;well on track&#34; to grow by more than 5% from last year, given &#34;solid&#34; beat rates and &#34;healthy&#34; revenue growth, bolstered by higher pricing.</p><p>&#34;We believe the revenue environment and corporate productivity are in too good of shape for earnings to contract anytime soon,&#34; Buchbinder said. &#34;Bottom line, the pessimism may be overdone.&#34;</p><p>Yes, dollar strength is a headwind</p><p>That said, there was a worry heading into earnings season that is being fulfilled: The sharp rise in the U.S. dollar will reduce the value of profits and revenue generated from overseas operations.</p><p>Also read: A strong dollar is stirring trouble for markets: What investors need to know.</p><p>Here&#39;s why a rising dollar can hurt results of multinational companies: The U.S. dollar-Japanese yen exchange rate increased to 135.75 on June 30 from 122.50 on April 1, meaning 10,000 yen in earnings was worth just $73.66 on June 30, down from $81.63 on April 1.</p><p>So with the U.S. dollar index , which tracks the dollar against a basket of currencies of major trading partners, surging 6.5% during the second-quarter, the biggest quarterly gain since the fourth quarter of 2016, currency translation had a large negative effect on earnings.</p><p>For example, International Business Machines Corp. <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a> said earlier this week that second-quarter revenue growth was 9%, but would have been 16% if not for the negative effects of dollar strength. And Dow Inc. <a href=\"https://laohu8.com/S/DOW.NZ\">$(DOW.NZ)$</a> said on Thursday that currency decreased sales by 3%, while Johnson &amp; Johnson <a href=\"https://laohu8.com/S/JNJ\">$(JNJ)$</a> said unfavorable currency translation reduced its sales growth by 5%.</p><p>&#34;This will be a consistent theme that receives significant attention throughout the earnings season,&#34; said Lindsey Bell, chief markets and money strategist for Ally, especially for the technology sector, in which nearly 60% of the sectors revenue is generated overseas.</p><p>Snap confirms a grim outlook for big internet companies</p><p>Fears that ad-supported internet stocks were facing a perfect storm of issues that would show up in second-quarter earnings were realized this week, when Snapchat parent <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>. (SNAP) posted what one analyst called &#34;terrible&#34; numbers, as others rushed to downgrade the stock.</p><p>Snap missed revenue consensus estimates and executives declined to provide a financial forecast while speaking of a second quarter that was &#34;more challenging than we expected.&#34; Snap had already warned weeks back that it was bracing for disappointing performance.</p><p>The company is dealing with issues unique to the evolving social-media landscape as well as a broader macroeconomic storm. Not only does it have to deal with TikTok&#39;s rise and lingering privacy-related impacts from Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, it&#39;s also facing an ad-market slowdown that spooked analysts.</p><p>Read now:As Snap melts down, its founders make sure to protect the people who matter: themselves</p><p>&#34;Results suggest a significant deterioration in advertiser demand, which will likely weigh on the sector,&#34; Piper Sandler analyst Thomas Champion wrote in a note to clients late Thursday.</p><p>&#34;When fundamentals change this dramatically, it&#39;s hard for us not to change our investment opinion, however belated the call,&#34; said Evercore&#39;s Mark Mahaney, who cut his rating on Snap&#39;s stock to in line from outperform.</p><p>&#34;We will await a stabilization in revenue growth before considering getting more constructive,&#34; he added.</p><p>MoffettNathanson downgraded the stock to market perform. Among other gripes, the analysts there said that &#34;after spending many years denying that competition from TikTok is an issue, it may turn out that Snap&#39;s usage and advertising growth is actually far more challenged than they knew.&#34;</p><p>For more, see:Snap&#39;s dire ad warnings prompt string of downgrades: &#39;This stock faces a grim outlook&#39;</p><p>The report bodes ill for other internet giants that rely on digital ads, including <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a>, Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> and Apple, all of which report next week</p><p>Don&#39;t miss:It&#39;s the end of &#39;fantasyland&#39; for Big Tech and its workers</p><p>Supply chain and labor shortages are still key themes</p><p>The supply chain and labor shortages have featured prominently in earnings for the past several quarters and this one is no different so far.</p><p>But there are finally some signs of improvement in supply chains, as measured by certain indexes.</p><p>The NY Fed&#39;s supply chain index is currently at its best level since March of 2021 -- it hit its worst level in December of 2021, as Tom Lee, head of research at Fundstrat Global Advisors, noted in commentary.</p><p>Lee cited upbeat comments from Volvo AB , which said semi chip access was improving and production at best levels all year, and railroad operator CSX <a href=\"https://laohu8.com/S/CSX\">$(CSX)$</a> which said there are &#34;clear signs&#34; from car makers that chip challenges are easing.</p><p>And on Thursday, chemicals giant Dow Inc. said it had &#34;higher supply availability&#34; for its industrial solutions and for its coatings &amp; performance monomers business.</p><p>The news on the labor market is less cheery, however. The challenge of finding train conductor trainees, for example, led <a href=\"https://laohu8.com/S/NSCO.WS\">Norfolk Southern Corp</a>. <a href=\"https://laohu8.com/S/NSC\">$(NSC)$</a> to put out an unusual release, highlighting an increase in hourly pay to a minimum of $25 and biweekly on-the-job training incentive of $300.</p><p>Atlanta, Ga.-based Norfolk said conductor trainees in priority locations can earn up to $5,000 in starting bonuses and expect first-year pay of an average $67,000, along with benefits including a pension, a 401 (k) savings option and healthcare coverage</p><p>Those locations include some economically depressed ones: Bellevue, Ohio, Fort Wayne, Indiana, Binghamton, New York, Harrisburg, Pennsylvania, Cincinnati, Ohio, Louisville, Kentucky, Conway, Pennsylvania, Peru, Indiana, Decatur, Illinois, Princeton, Indiana, Elkhart, Indiana and Roanoke, Virginia.</p><p>The challenge of finding railroad workers showed up in CSX&#39;s earnings too. Chief Executive Jim Foote told analysts on the company&#39;s earnings call that it was having trouble hiring and retaining workers.</p><p>&#34;We are not alone in facing this problem,&#34; said Foote, according to a FactSet transcript. &#34;The labor market is tight. Prospective recruits have many job options.&#34;</p><p>Read now:&#39;People will freak out&#39;: The cloud boom is coming back to Earth, and that could be scary for tech stocks</p><p>Twitter may be right. Elon is hurting its business</p><p>When Twitter Inc.&#39;s lawyers asked a Delaware judge Tuesday for a speedy trial that would settle its merger spat with Elon Musk, they argued that the saga&#39;s overhang was causing constant harm to the company.</p><p>That topic came up again when Twitter (TWTR) reported downbeat financial results Friday, including a surprise dip in revenue and a sizable $270 million loss. Among factors the company blamed for its revenue miss was &#34;uncertainty related to the pending acquisition&#34; by Musk. The company also pointed to about $33 million in second-quarter costs related to the deal.</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>Here Are 5 Things We've Learned so Far From Earnings Season</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\">\nHere Are 5 Things We've Learned so Far From Earnings Season\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-24 08:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>There are signs that supply chain woes are easing, while price increases to fight inflation are boosting revenue.</p><p>Only about one-fifth of the S&amp;P 500 have so far reported second-quarter results, but at least five major talking points have emerged -- some quite surprising -- since earnings season started more than a week ago.</p><p>A key concern heading into earnings season wasn&#39;t what happened during the previous three-month period, but how much companies would lower forward guidance, given growing fears the Federal Reserve&#39;s aggressive interest rate increases to fight historically high inflation would tip the U.S. economy into a recession.</p><p>But with 106 of the 503 S&amp;P 500 companies having reported results through Friday morning, according to FactSet, that expected negative has so far been a positive.</p><p>For the second quarter, while more companies than usual are beating profit and revenue expectations, they&#39;re beating them by narrower-than-usual margins.</p><p>So far, so good</p><p>Through Friday morning, 75.5% of the companies reporting have been beating consensus analyst projections for earnings per share, by an average of about 4.7%, according to I/B/E/S data provided by Refinitiv. That compares with 66% of companies beating EPS estimates in a typical quarter since 1994, and an average beat margin of 9.5% for the prior four quarters.</p><p>And for revenue, 68.9% of the companies have topped forecasts by an average of about 1.3%, compared with 62% of companies beating in a typical quarter since 2002 and an average beat rate of 3.4% for the prior four quarters.</p><p>More beats by less than the usual amount has led to year-over-year growth in the blended EPS estimate, which includes results from companies that have already reported results and estimates of companies yet to report, to slip to 5.0% from an estimate of 5.7% growth as of March 31, according to FactSet data.</p><p>The blended estimate for revenue growth has increased to 10.7% from 9.7% at the end of March, FactSet said. That&#39;s because companies are not selling more but are selling at higher prices.</p><p>Meanwhile, despite worries that recession fears would lead to a raft of full-year guidance cuts, that just hasn&#39;t been the case. In fact the ratio of negative EPS preannouncements to positive preannouncements has so far been 1.7, according to I/B/E/S data, well below the long-term average of 2.6, and only slightly above the average over the prior four quarters of 1.5.</p><p>As a result, the FactSet consensus growth estimate for EPS has increased to 9.7% from 9.3% as of March 31, while the growth estimate for revenue has jumped to 10.4% from 8.9%.</p><p>Jeff Buchbinder, equity strategist for LPL Financial, said earnings are &#34;well on track&#34; to grow by more than 5% from last year, given &#34;solid&#34; beat rates and &#34;healthy&#34; revenue growth, bolstered by higher pricing.</p><p>&#34;We believe the revenue environment and corporate productivity are in too good of shape for earnings to contract anytime soon,&#34; Buchbinder said. &#34;Bottom line, the pessimism may be overdone.&#34;</p><p>Yes, dollar strength is a headwind</p><p>That said, there was a worry heading into earnings season that is being fulfilled: The sharp rise in the U.S. dollar will reduce the value of profits and revenue generated from overseas operations.</p><p>Also read: A strong dollar is stirring trouble for markets: What investors need to know.</p><p>Here&#39;s why a rising dollar can hurt results of multinational companies: The U.S. dollar-Japanese yen exchange rate increased to 135.75 on June 30 from 122.50 on April 1, meaning 10,000 yen in earnings was worth just $73.66 on June 30, down from $81.63 on April 1.</p><p>So with the U.S. dollar index , which tracks the dollar against a basket of currencies of major trading partners, surging 6.5% during the second-quarter, the biggest quarterly gain since the fourth quarter of 2016, currency translation had a large negative effect on earnings.</p><p>For example, International Business Machines Corp. <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a> said earlier this week that second-quarter revenue growth was 9%, but would have been 16% if not for the negative effects of dollar strength. And Dow Inc. <a href=\"https://laohu8.com/S/DOW.NZ\">$(DOW.NZ)$</a> said on Thursday that currency decreased sales by 3%, while Johnson &amp; Johnson <a href=\"https://laohu8.com/S/JNJ\">$(JNJ)$</a> said unfavorable currency translation reduced its sales growth by 5%.</p><p>&#34;This will be a consistent theme that receives significant attention throughout the earnings season,&#34; said Lindsey Bell, chief markets and money strategist for Ally, especially for the technology sector, in which nearly 60% of the sectors revenue is generated overseas.</p><p>Snap confirms a grim outlook for big internet companies</p><p>Fears that ad-supported internet stocks were facing a perfect storm of issues that would show up in second-quarter earnings were realized this week, when Snapchat parent <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>. (SNAP) posted what one analyst called &#34;terrible&#34; numbers, as others rushed to downgrade the stock.</p><p>Snap missed revenue consensus estimates and executives declined to provide a financial forecast while speaking of a second quarter that was &#34;more challenging than we expected.&#34; Snap had already warned weeks back that it was bracing for disappointing performance.</p><p>The company is dealing with issues unique to the evolving social-media landscape as well as a broader macroeconomic storm. Not only does it have to deal with TikTok&#39;s rise and lingering privacy-related impacts from Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, it&#39;s also facing an ad-market slowdown that spooked analysts.</p><p>Read now:As Snap melts down, its founders make sure to protect the people who matter: themselves</p><p>&#34;Results suggest a significant deterioration in advertiser demand, which will likely weigh on the sector,&#34; Piper Sandler analyst Thomas Champion wrote in a note to clients late Thursday.</p><p>&#34;When fundamentals change this dramatically, it&#39;s hard for us not to change our investment opinion, however belated the call,&#34; said Evercore&#39;s Mark Mahaney, who cut his rating on Snap&#39;s stock to in line from outperform.</p><p>&#34;We will await a stabilization in revenue growth before considering getting more constructive,&#34; he added.</p><p>MoffettNathanson downgraded the stock to market perform. Among other gripes, the analysts there said that &#34;after spending many years denying that competition from TikTok is an issue, it may turn out that Snap&#39;s usage and advertising growth is actually far more challenged than they knew.&#34;</p><p>For more, see:Snap&#39;s dire ad warnings prompt string of downgrades: &#39;This stock faces a grim outlook&#39;</p><p>The report bodes ill for other internet giants that rely on digital ads, including <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a>, Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> and Apple, all of which report next week</p><p>Don&#39;t miss:It&#39;s the end of &#39;fantasyland&#39; for Big Tech and its workers</p><p>Supply chain and labor shortages are still key themes</p><p>The supply chain and labor shortages have featured prominently in earnings for the past several quarters and this one is no different so far.</p><p>But there are finally some signs of improvement in supply chains, as measured by certain indexes.</p><p>The NY Fed&#39;s supply chain index is currently at its best level since March of 2021 -- it hit its worst level in December of 2021, as Tom Lee, head of research at Fundstrat Global Advisors, noted in commentary.</p><p>Lee cited upbeat comments from Volvo AB , which said semi chip access was improving and production at best levels all year, and railroad operator CSX <a href=\"https://laohu8.com/S/CSX\">$(CSX)$</a> which said there are &#34;clear signs&#34; from car makers that chip challenges are easing.</p><p>And on Thursday, chemicals giant Dow Inc. said it had &#34;higher supply availability&#34; for its industrial solutions and for its coatings &amp; performance monomers business.</p><p>The news on the labor market is less cheery, however. The challenge of finding train conductor trainees, for example, led <a href=\"https://laohu8.com/S/NSCO.WS\">Norfolk Southern Corp</a>. <a href=\"https://laohu8.com/S/NSC\">$(NSC)$</a> to put out an unusual release, highlighting an increase in hourly pay to a minimum of $25 and biweekly on-the-job training incentive of $300.</p><p>Atlanta, Ga.-based Norfolk said conductor trainees in priority locations can earn up to $5,000 in starting bonuses and expect first-year pay of an average $67,000, along with benefits including a pension, a 401 (k) savings option and healthcare coverage</p><p>Those locations include some economically depressed ones: Bellevue, Ohio, Fort Wayne, Indiana, Binghamton, New York, Harrisburg, Pennsylvania, Cincinnati, Ohio, Louisville, Kentucky, Conway, Pennsylvania, Peru, Indiana, Decatur, Illinois, Princeton, Indiana, Elkhart, Indiana and Roanoke, Virginia.</p><p>The challenge of finding railroad workers showed up in CSX&#39;s earnings too. Chief Executive Jim Foote told analysts on the company&#39;s earnings call that it was having trouble hiring and retaining workers.</p><p>&#34;We are not alone in facing this problem,&#34; said Foote, according to a FactSet transcript. &#34;The labor market is tight. Prospective recruits have many job options.&#34;</p><p>Read now:&#39;People will freak out&#39;: The cloud boom is coming back to Earth, and that could be scary for tech stocks</p><p>Twitter may be right. Elon is hurting its business</p><p>When Twitter Inc.&#39;s lawyers asked a Delaware judge Tuesday for a speedy trial that would settle its merger spat with Elon Musk, they argued that the saga&#39;s overhang was causing constant harm to the company.</p><p>That topic came up again when Twitter (TWTR) reported downbeat financial results Friday, including a surprise dip in revenue and a sizable $270 million loss. Among factors the company blamed for its revenue miss was &#34;uncertainty related to the pending acquisition&#34; by Musk. The company also pointed to about $33 million in second-quarter costs related to the deal.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253015276","content_text":"There are signs that supply chain woes are easing, while price increases to fight inflation are boosting revenue.Only about one-fifth of the S&P 500 have so far reported second-quarter results, but at least five major talking points have emerged -- some quite surprising -- since earnings season started more than a week ago.A key concern heading into earnings season wasn't what happened during the previous three-month period, but how much companies would lower forward guidance, given growing fears the Federal Reserve's aggressive interest rate increases to fight historically high inflation would tip the U.S. economy into a recession.But with 106 of the 503 S&P 500 companies having reported results through Friday morning, according to FactSet, that expected negative has so far been a positive.For the second quarter, while more companies than usual are beating profit and revenue expectations, they're beating them by narrower-than-usual margins.So far, so goodThrough Friday morning, 75.5% of the companies reporting have been beating consensus analyst projections for earnings per share, by an average of about 4.7%, according to I/B/E/S data provided by Refinitiv. That compares with 66% of companies beating EPS estimates in a typical quarter since 1994, and an average beat margin of 9.5% for the prior four quarters.And for revenue, 68.9% of the companies have topped forecasts by an average of about 1.3%, compared with 62% of companies beating in a typical quarter since 2002 and an average beat rate of 3.4% for the prior four quarters.More beats by less than the usual amount has led to year-over-year growth in the blended EPS estimate, which includes results from companies that have already reported results and estimates of companies yet to report, to slip to 5.0% from an estimate of 5.7% growth as of March 31, according to FactSet data.The blended estimate for revenue growth has increased to 10.7% from 9.7% at the end of March, FactSet said. That's because companies are not selling more but are selling at higher prices.Meanwhile, despite worries that recession fears would lead to a raft of full-year guidance cuts, that just hasn't been the case. In fact the ratio of negative EPS preannouncements to positive preannouncements has so far been 1.7, according to I/B/E/S data, well below the long-term average of 2.6, and only slightly above the average over the prior four quarters of 1.5.As a result, the FactSet consensus growth estimate for EPS has increased to 9.7% from 9.3% as of March 31, while the growth estimate for revenue has jumped to 10.4% from 8.9%.Jeff Buchbinder, equity strategist for LPL Financial, said earnings are \"well on track\" to grow by more than 5% from last year, given \"solid\" beat rates and \"healthy\" revenue growth, bolstered by higher pricing.\"We believe the revenue environment and corporate productivity are in too good of shape for earnings to contract anytime soon,\" Buchbinder said. \"Bottom line, the pessimism may be overdone.\"Yes, dollar strength is a headwindThat said, there was a worry heading into earnings season that is being fulfilled: The sharp rise in the U.S. dollar will reduce the value of profits and revenue generated from overseas operations.Also read: A strong dollar is stirring trouble for markets: What investors need to know.Here's why a rising dollar can hurt results of multinational companies: The U.S. dollar-Japanese yen exchange rate increased to 135.75 on June 30 from 122.50 on April 1, meaning 10,000 yen in earnings was worth just $73.66 on June 30, down from $81.63 on April 1.So with the U.S. dollar index , which tracks the dollar against a basket of currencies of major trading partners, surging 6.5% during the second-quarter, the biggest quarterly gain since the fourth quarter of 2016, currency translation had a large negative effect on earnings.For example, International Business Machines Corp. $(IBM)$ said earlier this week that second-quarter revenue growth was 9%, but would have been 16% if not for the negative effects of dollar strength. And Dow Inc. $(DOW.NZ)$ said on Thursday that currency decreased sales by 3%, while Johnson & Johnson $(JNJ)$ said unfavorable currency translation reduced its sales growth by 5%.\"This will be a consistent theme that receives significant attention throughout the earnings season,\" said Lindsey Bell, chief markets and money strategist for Ally, especially for the technology sector, in which nearly 60% of the sectors revenue is generated overseas.Snap confirms a grim outlook for big internet companiesFears that ad-supported internet stocks were facing a perfect storm of issues that would show up in second-quarter earnings were realized this week, when Snapchat parent Snap Inc. (SNAP) posted what one analyst called \"terrible\" numbers, as others rushed to downgrade the stock.Snap missed revenue consensus estimates and executives declined to provide a financial forecast while speaking of a second quarter that was \"more challenging than we expected.\" Snap had already warned weeks back that it was bracing for disappointing performance.The company is dealing with issues unique to the evolving social-media landscape as well as a broader macroeconomic storm. Not only does it have to deal with TikTok's rise and lingering privacy-related impacts from Apple Inc. $(AAPL)$, it's also facing an ad-market slowdown that spooked analysts.Read now:As Snap melts down, its founders make sure to protect the people who matter: themselves\"Results suggest a significant deterioration in advertiser demand, which will likely weigh on the sector,\" Piper Sandler analyst Thomas Champion wrote in a note to clients late Thursday.\"When fundamentals change this dramatically, it's hard for us not to change our investment opinion, however belated the call,\" said Evercore's Mark Mahaney, who cut his rating on Snap's stock to in line from outperform.\"We will await a stabilization in revenue growth before considering getting more constructive,\" he added.MoffettNathanson downgraded the stock to market perform. Among other gripes, the analysts there said that \"after spending many years denying that competition from TikTok is an issue, it may turn out that Snap's usage and advertising growth is actually far more challenged than they knew.\"For more, see:Snap's dire ad warnings prompt string of downgrades: 'This stock faces a grim outlook'The report bodes ill for other internet giants that rely on digital ads, including Meta Platforms Inc. $(META.UK)$, Alphabet Inc. $(GOOGL)$ and Apple, all of which report next weekDon't miss:It's the end of 'fantasyland' for Big Tech and its workersSupply chain and labor shortages are still key themesThe supply chain and labor shortages have featured prominently in earnings for the past several quarters and this one is no different so far.But there are finally some signs of improvement in supply chains, as measured by certain indexes.The NY Fed's supply chain index is currently at its best level since March of 2021 -- it hit its worst level in December of 2021, as Tom Lee, head of research at Fundstrat Global Advisors, noted in commentary.Lee cited upbeat comments from Volvo AB , which said semi chip access was improving and production at best levels all year, and railroad operator CSX $(CSX)$ which said there are \"clear signs\" from car makers that chip challenges are easing.And on Thursday, chemicals giant Dow Inc. said it had \"higher supply availability\" for its industrial solutions and for its coatings & performance monomers business.The news on the labor market is less cheery, however. The challenge of finding train conductor trainees, for example, led Norfolk Southern Corp. $(NSC)$ to put out an unusual release, highlighting an increase in hourly pay to a minimum of $25 and biweekly on-the-job training incentive of $300.Atlanta, Ga.-based Norfolk said conductor trainees in priority locations can earn up to $5,000 in starting bonuses and expect first-year pay of an average $67,000, along with benefits including a pension, a 401 (k) savings option and healthcare coverageThose locations include some economically depressed ones: Bellevue, Ohio, Fort Wayne, Indiana, Binghamton, New York, Harrisburg, Pennsylvania, Cincinnati, Ohio, Louisville, Kentucky, Conway, Pennsylvania, Peru, Indiana, Decatur, Illinois, Princeton, Indiana, Elkhart, Indiana and Roanoke, Virginia.The challenge of finding railroad workers showed up in CSX's earnings too. Chief Executive Jim Foote told analysts on the company's earnings call that it was having trouble hiring and retaining workers.\"We are not alone in facing this problem,\" said Foote, according to a FactSet transcript. \"The labor market is tight. Prospective recruits have many job options.\"Read now:'People will freak out': The cloud boom is coming back to Earth, and that could be scary for tech stocksTwitter may be right. Elon is hurting its businessWhen Twitter Inc.'s lawyers asked a Delaware judge Tuesday for a speedy trial that would settle its merger spat with Elon Musk, they argued that the saga's overhang was causing constant harm to the company.That topic came up again when Twitter (TWTR) reported downbeat financial results Friday, including a surprise dip in revenue and a sizable $270 million loss. Among factors the company blamed for its revenue miss was \"uncertainty related to the pending acquisition\" by Musk. The company also pointed to about $33 million in second-quarter costs related to the deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900357001,"gmtCreate":1658646376203,"gmtModify":1676536187246,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"themes":[],"htmlText":"Waiting for more good news","listText":"Waiting for more good news","text":"Waiting for more good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900357001","repostId":"2253111140","repostType":4,"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900354838,"gmtCreate":1658646332524,"gmtModify":1676536187229,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900354838","repostId":"2253092009","repostType":4,"repost":{"id":"2253092009","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1658625886,"share":"https://ttm.financial/m/news/2253092009?lang=&edition=fundamental","pubTime":"2022-07-24 09:24","market":"us","language":"en","title":"There Are Signs Inflation May Have Peaked, but Can It Come Down Fast Enough?","url":"https://stock-news.laohu8.com/highlight/detail?id=2253092009","media":"Dow Jones","summary":"Growing signs that price pressures are easing suggest that June's distressingly high 9.1% increase i","content":"<html><head></head><body><p>Growing signs that price pressures are easing suggest that June&#39;s distressingly high 9.1% increase in consumer prices will probably be the peak. But even if inflation indeed comes down, economists see a slow pace of decline.</p><p>Ed Hyman, chairman of Evercore ISI, pointed to many indicators that 9.1% might have been the top. Gasoline prices have fallen around 10% from their mid-June high point of $5.02 a gallon, according to AAA. Wheat futures prices have fallen by 37% since mid-May and corn futures prices are down 27% from mid-June. The cost of shipping goods from East Asia to the U.S. West Coast is 11.4% lower than a month ago, according to Xeneta, a Norway-based transportation-data and procurement firm.</p><p>Easing price pressures and improvements in backlogs and supplier delivery times in business surveys suggest that supply-chain snarls are unraveling. Mr. Hyman noted that money-supply growth has slowed sharply, evidence that monetary tightening is starting to bite.</p><p>Inflation expectations also fell recently -- an upbeat signal for the Fed, which believes that such expectations influence wage and price-setting behavior and thus actual inflation. The University of Michigan consumer-sentiment survey showed that longer-term inflation expectations slipped from June&#39;s 3.1% reading to 2.8% in late June and early July, matching the average rate during the 20 years before the pandemic.</p><p>Bond investors are less worried about inflation, based on the &#34;break-even inflation rate&#34; -- the difference between the yield on regular five-year Treasury bonds and on inflation-indexed bonds -- which has dropped to 2.67% from an all-time high of 3.59% hit in late March.</p><p>Inflation-based derivatives and bonds are projecting that the annual increase in the CPI will fall to 2.3% in just a year, around the Fed&#39;s 2% target (which uses a different price index), according to the Intercontinental Exchange. Roberto Perli, economist at Piper Sandler, calls such an outcome &#34;optimistic but not totally implausible.&#34; From February through early June, investors thought inflation would still be between 4% and 5% in a year.</p><p>&#34;It&#39;s a step in the right direction, but ultimately, even if June is the peak, we&#39;re still looking at an environment where inflation is too hot,&#34; said Sarah House, senior economist at Wells Fargo, who expects fourth-quarter inflation between 7.5% and 7.8%. &#34;So peak or not, inflation is going to remain painful through the end of the year.&#34;</p><p>And the slower it is to ebb, the larger the likelihood of a damaging downturn, said Brett Ryan, senior U.S. economist at Deutsche Bank.</p><p>Core inflation, which strips out volatile food and energy prices and is considered a better measure of inflation trends, was 5.9% in June, down from a peak of 6.5% in March. But Ms. House and Mr. Ryan both expect core inflation to revive and peak sometime around September, as strong price growth for housing and other services combines with low base comparisons in the 12-month calculation.</p><p>&#34;The more persistent inflation pressures, the higher the Federal Reserve needs [interest rates] to go to address them,&#34; said Mr. Ryan. &#34;That argues for a larger recession risk.&#34;</p><p>Fed Chairman Jerome Powell has said the central bank wants to see clear and convincing evidence that price pressures are subsiding before slowing or suspending rate increases.</p><p>&#34;The moment of truth comes at the end of this year,&#34; said Mr. Hyman. &#34;If the Fed keeps on raising rates, then they&#39;d invert the yield curve. I think that would increase the odds of recession enormously. It would probably also lower inflation, although it also seems to already be slowing, and will probably be even slower by then.&#34;</p><p>Aichi Amemiya, U.S. economist at Nomura, said that though it is too early to call it, his forecast sees June as the peak for the annual measure of overall inflation. However, the month-over-month change in core CPI will be key to watch in coming months, he said. If it slows from June&#39;s pace of 0.7% to 0.3% on a sustained basis by year-end, he expects the Fed to start planning to ease up on rate increases. That, however, will be hard to achieve, said Mr. Amemiya, &#34;which means the Fed will likely continue tightening even after the economy enters a recession.&#34;</p><p>Around the turn of the year, economists were generally confident that inflation would peak in early 2022, as energy prices stabilized and supply-chain pressures eased. Then Russia invaded Ukraine, and energy prices soared. Buzz about  &#34;the peak&#34; crescendoed again when inflation slid to an 8.3% annual rate in April, from 8.5% in March. But gasoline prices flared up again, and gains in food and rent picked up, too.</p><p>There is plenty of potential for another reversal in coming months, said Ms. House.</p><p>&#34;When we look at ongoing core inflation pressures, it wouldn&#39;t take much in the way of a commodities price shock for us to reach another high,&#34; she said, adding that possible examples include an escalation of the Russia-Ukraine conflict, a hurricane that shuts down an oil refinery, or an outage at a key semiconductor or auto plant. &#34;We all hope we&#39;re at the peak. But hope is not really an inflation strategy right now.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>There Are Signs Inflation May Have Peaked, but Can It Come Down Fast Enough?</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\">\nThere Are Signs Inflation May Have Peaked, but Can It Come Down Fast Enough?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-24 09:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Growing signs that price pressures are easing suggest that June&#39;s distressingly high 9.1% increase in consumer prices will probably be the peak. But even if inflation indeed comes down, economists see a slow pace of decline.</p><p>Ed Hyman, chairman of Evercore ISI, pointed to many indicators that 9.1% might have been the top. Gasoline prices have fallen around 10% from their mid-June high point of $5.02 a gallon, according to AAA. Wheat futures prices have fallen by 37% since mid-May and corn futures prices are down 27% from mid-June. The cost of shipping goods from East Asia to the U.S. West Coast is 11.4% lower than a month ago, according to Xeneta, a Norway-based transportation-data and procurement firm.</p><p>Easing price pressures and improvements in backlogs and supplier delivery times in business surveys suggest that supply-chain snarls are unraveling. Mr. Hyman noted that money-supply growth has slowed sharply, evidence that monetary tightening is starting to bite.</p><p>Inflation expectations also fell recently -- an upbeat signal for the Fed, which believes that such expectations influence wage and price-setting behavior and thus actual inflation. The University of Michigan consumer-sentiment survey showed that longer-term inflation expectations slipped from June&#39;s 3.1% reading to 2.8% in late June and early July, matching the average rate during the 20 years before the pandemic.</p><p>Bond investors are less worried about inflation, based on the &#34;break-even inflation rate&#34; -- the difference between the yield on regular five-year Treasury bonds and on inflation-indexed bonds -- which has dropped to 2.67% from an all-time high of 3.59% hit in late March.</p><p>Inflation-based derivatives and bonds are projecting that the annual increase in the CPI will fall to 2.3% in just a year, around the Fed&#39;s 2% target (which uses a different price index), according to the Intercontinental Exchange. Roberto Perli, economist at Piper Sandler, calls such an outcome &#34;optimistic but not totally implausible.&#34; From February through early June, investors thought inflation would still be between 4% and 5% in a year.</p><p>&#34;It&#39;s a step in the right direction, but ultimately, even if June is the peak, we&#39;re still looking at an environment where inflation is too hot,&#34; said Sarah House, senior economist at Wells Fargo, who expects fourth-quarter inflation between 7.5% and 7.8%. &#34;So peak or not, inflation is going to remain painful through the end of the year.&#34;</p><p>And the slower it is to ebb, the larger the likelihood of a damaging downturn, said Brett Ryan, senior U.S. economist at Deutsche Bank.</p><p>Core inflation, which strips out volatile food and energy prices and is considered a better measure of inflation trends, was 5.9% in June, down from a peak of 6.5% in March. But Ms. House and Mr. Ryan both expect core inflation to revive and peak sometime around September, as strong price growth for housing and other services combines with low base comparisons in the 12-month calculation.</p><p>&#34;The more persistent inflation pressures, the higher the Federal Reserve needs [interest rates] to go to address them,&#34; said Mr. Ryan. &#34;That argues for a larger recession risk.&#34;</p><p>Fed Chairman Jerome Powell has said the central bank wants to see clear and convincing evidence that price pressures are subsiding before slowing or suspending rate increases.</p><p>&#34;The moment of truth comes at the end of this year,&#34; said Mr. Hyman. &#34;If the Fed keeps on raising rates, then they&#39;d invert the yield curve. I think that would increase the odds of recession enormously. It would probably also lower inflation, although it also seems to already be slowing, and will probably be even slower by then.&#34;</p><p>Aichi Amemiya, U.S. economist at Nomura, said that though it is too early to call it, his forecast sees June as the peak for the annual measure of overall inflation. However, the month-over-month change in core CPI will be key to watch in coming months, he said. If it slows from June&#39;s pace of 0.7% to 0.3% on a sustained basis by year-end, he expects the Fed to start planning to ease up on rate increases. That, however, will be hard to achieve, said Mr. Amemiya, &#34;which means the Fed will likely continue tightening even after the economy enters a recession.&#34;</p><p>Around the turn of the year, economists were generally confident that inflation would peak in early 2022, as energy prices stabilized and supply-chain pressures eased. Then Russia invaded Ukraine, and energy prices soared. Buzz about  &#34;the peak&#34; crescendoed again when inflation slid to an 8.3% annual rate in April, from 8.5% in March. But gasoline prices flared up again, and gains in food and rent picked up, too.</p><p>There is plenty of potential for another reversal in coming months, said Ms. House.</p><p>&#34;When we look at ongoing core inflation pressures, it wouldn&#39;t take much in the way of a commodities price shock for us to reach another high,&#34; she said, adding that possible examples include an escalation of the Russia-Ukraine conflict, a hurricane that shuts down an oil refinery, or an outage at a key semiconductor or auto plant. &#34;We all hope we&#39;re at the peak. But hope is not really an inflation strategy right now.&#34;</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":"2253092009","content_text":"Growing signs that price pressures are easing suggest that June's distressingly high 9.1% increase in consumer prices will probably be the peak. But even if inflation indeed comes down, economists see a slow pace of decline.Ed Hyman, chairman of Evercore ISI, pointed to many indicators that 9.1% might have been the top. Gasoline prices have fallen around 10% from their mid-June high point of $5.02 a gallon, according to AAA. Wheat futures prices have fallen by 37% since mid-May and corn futures prices are down 27% from mid-June. The cost of shipping goods from East Asia to the U.S. West Coast is 11.4% lower than a month ago, according to Xeneta, a Norway-based transportation-data and procurement firm.Easing price pressures and improvements in backlogs and supplier delivery times in business surveys suggest that supply-chain snarls are unraveling. Mr. Hyman noted that money-supply growth has slowed sharply, evidence that monetary tightening is starting to bite.Inflation expectations also fell recently -- an upbeat signal for the Fed, which believes that such expectations influence wage and price-setting behavior and thus actual inflation. The University of Michigan consumer-sentiment survey showed that longer-term inflation expectations slipped from June's 3.1% reading to 2.8% in late June and early July, matching the average rate during the 20 years before the pandemic.Bond investors are less worried about inflation, based on the \"break-even inflation rate\" -- the difference between the yield on regular five-year Treasury bonds and on inflation-indexed bonds -- which has dropped to 2.67% from an all-time high of 3.59% hit in late March.Inflation-based derivatives and bonds are projecting that the annual increase in the CPI will fall to 2.3% in just a year, around the Fed's 2% target (which uses a different price index), according to the Intercontinental Exchange. Roberto Perli, economist at Piper Sandler, calls such an outcome \"optimistic but not totally implausible.\" From February through early June, investors thought inflation would still be between 4% and 5% in a year.\"It's a step in the right direction, but ultimately, even if June is the peak, we're still looking at an environment where inflation is too hot,\" said Sarah House, senior economist at Wells Fargo, who expects fourth-quarter inflation between 7.5% and 7.8%. \"So peak or not, inflation is going to remain painful through the end of the year.\"And the slower it is to ebb, the larger the likelihood of a damaging downturn, said Brett Ryan, senior U.S. economist at Deutsche Bank.Core inflation, which strips out volatile food and energy prices and is considered a better measure of inflation trends, was 5.9% in June, down from a peak of 6.5% in March. But Ms. House and Mr. Ryan both expect core inflation to revive and peak sometime around September, as strong price growth for housing and other services combines with low base comparisons in the 12-month calculation.\"The more persistent inflation pressures, the higher the Federal Reserve needs [interest rates] to go to address them,\" said Mr. Ryan. \"That argues for a larger recession risk.\"Fed Chairman Jerome Powell has said the central bank wants to see clear and convincing evidence that price pressures are subsiding before slowing or suspending rate increases.\"The moment of truth comes at the end of this year,\" said Mr. Hyman. \"If the Fed keeps on raising rates, then they'd invert the yield curve. I think that would increase the odds of recession enormously. It would probably also lower inflation, although it also seems to already be slowing, and will probably be even slower by then.\"Aichi Amemiya, U.S. economist at Nomura, said that though it is too early to call it, his forecast sees June as the peak for the annual measure of overall inflation. However, the month-over-month change in core CPI will be key to watch in coming months, he said. If it slows from June's pace of 0.7% to 0.3% on a sustained basis by year-end, he expects the Fed to start planning to ease up on rate increases. That, however, will be hard to achieve, said Mr. Amemiya, \"which means the Fed will likely continue tightening even after the economy enters a recession.\"Around the turn of the year, economists were generally confident that inflation would peak in early 2022, as energy prices stabilized and supply-chain pressures eased. Then Russia invaded Ukraine, and energy prices soared. Buzz about  \"the peak\" crescendoed again when inflation slid to an 8.3% annual rate in April, from 8.5% in March. But gasoline prices flared up again, and gains in food and rent picked up, too.There is plenty of potential for another reversal in coming months, said Ms. House.\"When we look at ongoing core inflation pressures, it wouldn't take much in the way of a commodities price shock for us to reach another high,\" she said, adding that possible examples include an escalation of the Russia-Ukraine conflict, a hurricane that shuts down an oil refinery, or an outage at a key semiconductor or auto plant. \"We all hope we're at the peak. But hope is not really an inflation strategy right now.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900352769,"gmtCreate":1658646191851,"gmtModify":1676536187162,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900352769","repostId":"2253060728","repostType":4,"repost":{"id":"2253060728","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1658631601,"share":"https://ttm.financial/m/news/2253060728?lang=&edition=fundamental","pubTime":"2022-07-24 11:00","market":"us","language":"en","title":"Amazon Is Ready To Rise Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2253060728","media":"Dow Jones","summary":"Amazon's recent struggles in e-commerce are masking its continued dominance in the cloud. For invest","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a>&#39;s recent struggles in e-commerce are masking its continued dominance in the cloud. For investors, it&#39;s time to refocus. Amazon shares have never looked more attractive than they do right now.</p><p>Amazon.com has reported earnings about 100 times since it went public in 1997. Every one of those quarterly reports has shown a growing company, despite plenty of ups and downs in the economy -- and the internet. Amazon&#39;s worst quarter came in September 2001, when the internet bubble was blowing apart. Even then, revenue grew slightly from a year earlier. Now, though, Amazon&#39;s streak may be coming to an end.</p><p>When Amazon (AMZN) reports second-quarter earnings on July 28, Wall Street analysts expect revenue growth of just 5%. That&#39;s a tepid number by Amazon standards, and if things are just slightly worse than expected, revenue could actually decline. It would be a telling moment, with Amazon facing its greatest set of challenges since founder Jeff Bezos began selling books out of his house almost 30 years ago.</p><p>The company&#39;s longtime advantage in e-commerce has arguably become a weakness, with physical stores enjoying a post-Covid renaissance. Elevated fuel costs, meanwhile, are crimping Amazon&#39;s profits, with the cost of deliveries and returns on the rise.</p><p>Amazon&#39;s profit margins have never been rich, but analysts forecast a razor-thin 1.8% operating margin in the second quarter. After years of giving Amazon a pass on profits, investors have grown impatient. Since peaking last July, the stock is down 33% to a recent $125, shedding more than $600 billion in market value. Seen through the e-commerce lens, Amazon is one more struggling tech company.</p><p>And yet none of that should matter. Investors&#39; preoccupation with Amazon&#39;s retail operations overlooks the company&#39;s transformation. This year, the Amazon Web Services cloud business will be about 15% of the company&#39;s total revenue but more than 100% of its profits. Before, during, and after pandemic lockdowns, AWS revenue grew at a 30%-plus quarterly clip. In the long term, those trends should continue.</p><p>Meanwhile, Amazon has an advertising business that has annualized revenue of close to $40 billion. That&#39;s nearly four times the size of Twitter (TWTR) and Snap <a href=\"https://laohu8.com/S/SNAP\">$(SNAP)$</a> combined. And it&#39;s a media company that now controls the rights to a weekly National Football League game, a package that was once exclusive to broadcast giants Comcast <a href=\"https://laohu8.com/S/CMCSA\">$(CMCSA)$</a>, Fox <a href=\"https://laohu8.com/S/FOXA\">$(FOXA)$</a>, <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> (PARA), and Walt Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> . There&#39;s also a growing logistics operation that increasingly rivals FedEx <a href=\"https://laohu8.com/S/FDX.AU\">$(FDX.AU)$</a> and United Parcel Service <a href=\"https://laohu8.com/S/UPS\">$(UPS)$</a>.</p><p>The challenge for investors is that the sprawling operation has made Amazon difficult to value. It&#39;s worth the effort -- Amazon shares have rarely been more attractive. The stock could double, or triple, over the next few years. Yes, the latest quarter will be bad. But the future couldn&#39;t be brighter.</p><p>Gene Munster, a portfolio manager at Loup Ventures, says his firm has been adding to its Amazon position. While Munster concedes that investors are concerned about e-commerce profitability in the short run, he&#39;s convinced that in the long run, &#34;no one is going to compete with Amazon&#34; in online shopping. Munster figures that AWS and the ad business together will generate $45 billion in operating income this year. Value that at 25 times earnings, says Munster, and you get $1.1 trillion, which is just about the company&#39;s current total market value. That means investors are currently getting everything else free: online stores, Prime, logistics, Whole Foods Market, and a host of other businesses that Amazon has acquired over the years.</p><p>Says Munster: &#34;It&#39;s hard not to like Amazon at this valuation.&#34;</p><p>To be sure, Amazon continues to face bad publicity. The company is pushing back against unions trying to organize Amazon workers, a difficult balance for a company that claims to be Earth&#39;s best employer. The company is also dealing with a newly empowered Federal Trade Commission led by Chair Lina Khan, who once wrote in the Yale Law Review that Amazon&#39;s dominant market position was clear evidence that U.S. antitrust laws weren&#39;t effectively regulating the U.S. internet sector. Amazon is sure to face intense government scrutiny for future acquisitions. And it could be forced to make concessions to the government.</p><p>For now, though, Amazon is still finding ways to grow through deals. Just this past week, the company agreed to buy One Medical, an owner of membership-based healthcare clinics, for $3.9 billion.</p><p>There&#39;s also a chance the slowing economy could weigh on AWS sales for the next few quarters. For this year, Wall Street currently expects total Amazon revenue of $520 billion, up 11%, with profits of 56 cents a share, down from $3.24 a year earlier.</p><p>But to Amazon bulls, the issues plaguing the company are fleeting and priced in. While the economy could fall into recession later this year or in 2023, that recession won&#39;t be permanent. Meanwhile, the e-commerce market continues to expand, and Amazon&#39;s slice of the pie remains vast, at about 40%. There&#39;s still room for additional market share gains, too.</p><p>The company&#39;s advertising business, meanwhile, is on the rise. Given Apple&#39;s <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> tough stance on sharing information about consumer activity on the iPhone, advertisers are looking beyond <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>&#39; <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a> Facebook, Alphabet&#39;s <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> YouTube, and Snap for places to spend their ad dollars. Many ad buyers are turning to options where consumer buying intent is clear on the surface. Meta has to infer what you might want to buy; in Amazon&#39;s case, consumers type their exact shopping interests into a search box. In a marketplace crowded with consumer choice, Amazon&#39;s ad market is a gold mine.</p><p>And then there&#39;s Amazon Web Services, the company&#39;s mammoth cloud-computing platform. Since the company began breaking out results for AWS in 2015, the business has accounted for more than half of Amazon&#39;s operating profits, including almost 75% of the total in 2021. In 2022, with e-commerce operations likely to lose money, AWS is forecast to constitute 150% of Amazon&#39;s operating income.</p><p>With revenue close to $82 billion, AWS is one of the world&#39;s largest software and services companies -- bigger than Oracle <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a>, IBM <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a>, or SAP <a href=\"https://laohu8.com/S/SAP\">$(SAP)$</a>, and more than twice the size of Salesforce <a href=\"https://laohu8.com/S/CRM.AU\">$(CRM.AU)$</a>, the largest of the so-called software-as-a-service companies. And AWS is going to get a lot bigger. It&#39;s no wonder that when Bezos chose to step down as CEO in 2021, he chose as his successor AWS architect Andy Jassy. (Amazon declined to make Jassy or any other executives available for this story, citing the quiet period ahead of earnings.)</p><p>One of Wall Street&#39;s favorite strategies for assessing corporate value is a &#34;sum of the parts&#34; approach: Make a list of what the company owns, put a value on each part, then add it all up.</p><p>For some of Amazon&#39;s businesses, appropriate comparisons are hard to find. There are no pure-play public cloud stocks that look anything like AWS; its primary rivals -- Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> Azure and Google Cloud -- are likewise buried inside large businesses. Amazon&#39;s ad business is valuable, but it&#39;s linked to the core e-commerce business and therefore defies an easy value.</p><p>Then there&#39;s Amazon Prime, which includes a Netflix-like video streaming service plus a Spotify-like music service. There are other businesses hidden in the company&#39;s financials, including the videogame streaming service Twitch, the audiobook company Audible, the podcasting producer Wondery, and autonomous-vehicle maker Zoox, just to name a few.</p><p>In reporting this story, Barron&#39;s found at least four different attempts by Wall Street analysts to suss out the company&#39;s true value. They involve different parts, different metrics, and varying conclusions. The only consistent theme? Amazon&#39;s parts add up to a lot more than its current market value.</p><p>Let&#39;s start with the entertainment-focused approach from Needham analyst Laura Martin. In her view, a large part of Amazon&#39;s value comes from its media businesses. She values Amazon Prime Video, Amazon Music, Twitch, and advertising at more than $500 billion. She values AWS at $650 billion. Those two numbers give you $1.15 trillion, or roughly Amazon&#39;s current market value. That doesn&#39;t include e-commerce, which Martin&#39;s calculations currently ignore.</p><p>Truist internet analyst Youssef Squali has a different approach. He puts a value of more than $500 billion on Amazon&#39;s &#34;third-party retail&#34; services business, which includes logistics and other services provided to millions of sellers. He adds $172 billion for &#34;first party&#34; retail -- Amazon-branded goods, including electronics like Fire TVs and Kindles, plus thousands of AmazonBasics products. He values the company&#39;s subscription business -- basically Prime -- at a little over $100 billion. Then, he values AWS at $867 billion, using a multiple of 30 times estimated pretax earnings for 2022. (Salesforce, which is growing more slowly than AWS, trades at roughly 30 times pretax earnings.) Ultimately, Squali comes up with an Amazon value of $1.7 trillion.</p><p>J.P. Morgan analyst Doug Anmuth takes the simplest view -- dividing Amazon into two pieces. He pegs the value of AWS at 20 times his estimate of $52 billion in 2023 earnings before interest, taxes, depreciation, and amortization, or Ebitda, which comes to just over $1 trillion. For the retail business, he applies a multiple of 1.25 times his estimated gross merchandise value for 2023, which comes to just over $950 billion. Anmuth notes that Walmart <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> trades at about one times GMV, while Amazon&#39;s retail business has &#34;meaningfully higher&#34; growth, meriting a higher multiple. For Anmuth, that&#39;s a total Amazon value of $2 trillion.</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>Amazon Is Ready To Rise Again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Is Ready To Rise Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-24 11:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a>&#39;s recent struggles in e-commerce are masking its continued dominance in the cloud. For investors, it&#39;s time to refocus. Amazon shares have never looked more attractive than they do right now.</p><p>Amazon.com has reported earnings about 100 times since it went public in 1997. Every one of those quarterly reports has shown a growing company, despite plenty of ups and downs in the economy -- and the internet. Amazon&#39;s worst quarter came in September 2001, when the internet bubble was blowing apart. Even then, revenue grew slightly from a year earlier. Now, though, Amazon&#39;s streak may be coming to an end.</p><p>When Amazon (AMZN) reports second-quarter earnings on July 28, Wall Street analysts expect revenue growth of just 5%. That&#39;s a tepid number by Amazon standards, and if things are just slightly worse than expected, revenue could actually decline. It would be a telling moment, with Amazon facing its greatest set of challenges since founder Jeff Bezos began selling books out of his house almost 30 years ago.</p><p>The company&#39;s longtime advantage in e-commerce has arguably become a weakness, with physical stores enjoying a post-Covid renaissance. Elevated fuel costs, meanwhile, are crimping Amazon&#39;s profits, with the cost of deliveries and returns on the rise.</p><p>Amazon&#39;s profit margins have never been rich, but analysts forecast a razor-thin 1.8% operating margin in the second quarter. After years of giving Amazon a pass on profits, investors have grown impatient. Since peaking last July, the stock is down 33% to a recent $125, shedding more than $600 billion in market value. Seen through the e-commerce lens, Amazon is one more struggling tech company.</p><p>And yet none of that should matter. Investors&#39; preoccupation with Amazon&#39;s retail operations overlooks the company&#39;s transformation. This year, the Amazon Web Services cloud business will be about 15% of the company&#39;s total revenue but more than 100% of its profits. Before, during, and after pandemic lockdowns, AWS revenue grew at a 30%-plus quarterly clip. In the long term, those trends should continue.</p><p>Meanwhile, Amazon has an advertising business that has annualized revenue of close to $40 billion. That&#39;s nearly four times the size of Twitter (TWTR) and Snap <a href=\"https://laohu8.com/S/SNAP\">$(SNAP)$</a> combined. And it&#39;s a media company that now controls the rights to a weekly National Football League game, a package that was once exclusive to broadcast giants Comcast <a href=\"https://laohu8.com/S/CMCSA\">$(CMCSA)$</a>, Fox <a href=\"https://laohu8.com/S/FOXA\">$(FOXA)$</a>, <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> (PARA), and Walt Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> . There&#39;s also a growing logistics operation that increasingly rivals FedEx <a href=\"https://laohu8.com/S/FDX.AU\">$(FDX.AU)$</a> and United Parcel Service <a href=\"https://laohu8.com/S/UPS\">$(UPS)$</a>.</p><p>The challenge for investors is that the sprawling operation has made Amazon difficult to value. It&#39;s worth the effort -- Amazon shares have rarely been more attractive. The stock could double, or triple, over the next few years. Yes, the latest quarter will be bad. But the future couldn&#39;t be brighter.</p><p>Gene Munster, a portfolio manager at Loup Ventures, says his firm has been adding to its Amazon position. While Munster concedes that investors are concerned about e-commerce profitability in the short run, he&#39;s convinced that in the long run, &#34;no one is going to compete with Amazon&#34; in online shopping. Munster figures that AWS and the ad business together will generate $45 billion in operating income this year. Value that at 25 times earnings, says Munster, and you get $1.1 trillion, which is just about the company&#39;s current total market value. That means investors are currently getting everything else free: online stores, Prime, logistics, Whole Foods Market, and a host of other businesses that Amazon has acquired over the years.</p><p>Says Munster: &#34;It&#39;s hard not to like Amazon at this valuation.&#34;</p><p>To be sure, Amazon continues to face bad publicity. The company is pushing back against unions trying to organize Amazon workers, a difficult balance for a company that claims to be Earth&#39;s best employer. The company is also dealing with a newly empowered Federal Trade Commission led by Chair Lina Khan, who once wrote in the Yale Law Review that Amazon&#39;s dominant market position was clear evidence that U.S. antitrust laws weren&#39;t effectively regulating the U.S. internet sector. Amazon is sure to face intense government scrutiny for future acquisitions. And it could be forced to make concessions to the government.</p><p>For now, though, Amazon is still finding ways to grow through deals. Just this past week, the company agreed to buy One Medical, an owner of membership-based healthcare clinics, for $3.9 billion.</p><p>There&#39;s also a chance the slowing economy could weigh on AWS sales for the next few quarters. For this year, Wall Street currently expects total Amazon revenue of $520 billion, up 11%, with profits of 56 cents a share, down from $3.24 a year earlier.</p><p>But to Amazon bulls, the issues plaguing the company are fleeting and priced in. While the economy could fall into recession later this year or in 2023, that recession won&#39;t be permanent. Meanwhile, the e-commerce market continues to expand, and Amazon&#39;s slice of the pie remains vast, at about 40%. There&#39;s still room for additional market share gains, too.</p><p>The company&#39;s advertising business, meanwhile, is on the rise. Given Apple&#39;s <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> tough stance on sharing information about consumer activity on the iPhone, advertisers are looking beyond <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>&#39; <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a> Facebook, Alphabet&#39;s <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> YouTube, and Snap for places to spend their ad dollars. Many ad buyers are turning to options where consumer buying intent is clear on the surface. Meta has to infer what you might want to buy; in Amazon&#39;s case, consumers type their exact shopping interests into a search box. In a marketplace crowded with consumer choice, Amazon&#39;s ad market is a gold mine.</p><p>And then there&#39;s Amazon Web Services, the company&#39;s mammoth cloud-computing platform. Since the company began breaking out results for AWS in 2015, the business has accounted for more than half of Amazon&#39;s operating profits, including almost 75% of the total in 2021. In 2022, with e-commerce operations likely to lose money, AWS is forecast to constitute 150% of Amazon&#39;s operating income.</p><p>With revenue close to $82 billion, AWS is one of the world&#39;s largest software and services companies -- bigger than Oracle <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a>, IBM <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a>, or SAP <a href=\"https://laohu8.com/S/SAP\">$(SAP)$</a>, and more than twice the size of Salesforce <a href=\"https://laohu8.com/S/CRM.AU\">$(CRM.AU)$</a>, the largest of the so-called software-as-a-service companies. And AWS is going to get a lot bigger. It&#39;s no wonder that when Bezos chose to step down as CEO in 2021, he chose as his successor AWS architect Andy Jassy. (Amazon declined to make Jassy or any other executives available for this story, citing the quiet period ahead of earnings.)</p><p>One of Wall Street&#39;s favorite strategies for assessing corporate value is a &#34;sum of the parts&#34; approach: Make a list of what the company owns, put a value on each part, then add it all up.</p><p>For some of Amazon&#39;s businesses, appropriate comparisons are hard to find. There are no pure-play public cloud stocks that look anything like AWS; its primary rivals -- Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> Azure and Google Cloud -- are likewise buried inside large businesses. Amazon&#39;s ad business is valuable, but it&#39;s linked to the core e-commerce business and therefore defies an easy value.</p><p>Then there&#39;s Amazon Prime, which includes a Netflix-like video streaming service plus a Spotify-like music service. There are other businesses hidden in the company&#39;s financials, including the videogame streaming service Twitch, the audiobook company Audible, the podcasting producer Wondery, and autonomous-vehicle maker Zoox, just to name a few.</p><p>In reporting this story, Barron&#39;s found at least four different attempts by Wall Street analysts to suss out the company&#39;s true value. They involve different parts, different metrics, and varying conclusions. The only consistent theme? Amazon&#39;s parts add up to a lot more than its current market value.</p><p>Let&#39;s start with the entertainment-focused approach from Needham analyst Laura Martin. In her view, a large part of Amazon&#39;s value comes from its media businesses. She values Amazon Prime Video, Amazon Music, Twitch, and advertising at more than $500 billion. She values AWS at $650 billion. Those two numbers give you $1.15 trillion, or roughly Amazon&#39;s current market value. That doesn&#39;t include e-commerce, which Martin&#39;s calculations currently ignore.</p><p>Truist internet analyst Youssef Squali has a different approach. He puts a value of more than $500 billion on Amazon&#39;s &#34;third-party retail&#34; services business, which includes logistics and other services provided to millions of sellers. He adds $172 billion for &#34;first party&#34; retail -- Amazon-branded goods, including electronics like Fire TVs and Kindles, plus thousands of AmazonBasics products. He values the company&#39;s subscription business -- basically Prime -- at a little over $100 billion. Then, he values AWS at $867 billion, using a multiple of 30 times estimated pretax earnings for 2022. (Salesforce, which is growing more slowly than AWS, trades at roughly 30 times pretax earnings.) Ultimately, Squali comes up with an Amazon value of $1.7 trillion.</p><p>J.P. Morgan analyst Doug Anmuth takes the simplest view -- dividing Amazon into two pieces. He pegs the value of AWS at 20 times his estimate of $52 billion in 2023 earnings before interest, taxes, depreciation, and amortization, or Ebitda, which comes to just over $1 trillion. For the retail business, he applies a multiple of 1.25 times his estimated gross merchandise value for 2023, which comes to just over $950 billion. Anmuth notes that Walmart <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> trades at about one times GMV, while Amazon&#39;s retail business has &#34;meaningfully higher&#34; growth, meriting a higher multiple. For Anmuth, that&#39;s a total Amazon value of $2 trillion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253060728","content_text":"Amazon's recent struggles in e-commerce are masking its continued dominance in the cloud. For investors, it's time to refocus. Amazon shares have never looked more attractive than they do right now.Amazon.com has reported earnings about 100 times since it went public in 1997. Every one of those quarterly reports has shown a growing company, despite plenty of ups and downs in the economy -- and the internet. Amazon's worst quarter came in September 2001, when the internet bubble was blowing apart. Even then, revenue grew slightly from a year earlier. Now, though, Amazon's streak may be coming to an end.When Amazon (AMZN) reports second-quarter earnings on July 28, Wall Street analysts expect revenue growth of just 5%. That's a tepid number by Amazon standards, and if things are just slightly worse than expected, revenue could actually decline. It would be a telling moment, with Amazon facing its greatest set of challenges since founder Jeff Bezos began selling books out of his house almost 30 years ago.The company's longtime advantage in e-commerce has arguably become a weakness, with physical stores enjoying a post-Covid renaissance. Elevated fuel costs, meanwhile, are crimping Amazon's profits, with the cost of deliveries and returns on the rise.Amazon's profit margins have never been rich, but analysts forecast a razor-thin 1.8% operating margin in the second quarter. After years of giving Amazon a pass on profits, investors have grown impatient. Since peaking last July, the stock is down 33% to a recent $125, shedding more than $600 billion in market value. Seen through the e-commerce lens, Amazon is one more struggling tech company.And yet none of that should matter. Investors' preoccupation with Amazon's retail operations overlooks the company's transformation. This year, the Amazon Web Services cloud business will be about 15% of the company's total revenue but more than 100% of its profits. Before, during, and after pandemic lockdowns, AWS revenue grew at a 30%-plus quarterly clip. In the long term, those trends should continue.Meanwhile, Amazon has an advertising business that has annualized revenue of close to $40 billion. That's nearly four times the size of Twitter (TWTR) and Snap $(SNAP)$ combined. And it's a media company that now controls the rights to a weekly National Football League game, a package that was once exclusive to broadcast giants Comcast $(CMCSA)$, Fox $(FOXA)$, Paramount Global (PARA), and Walt Disney $(DIS)$ . There's also a growing logistics operation that increasingly rivals FedEx $(FDX.AU)$ and United Parcel Service $(UPS)$.The challenge for investors is that the sprawling operation has made Amazon difficult to value. It's worth the effort -- Amazon shares have rarely been more attractive. The stock could double, or triple, over the next few years. Yes, the latest quarter will be bad. But the future couldn't be brighter.Gene Munster, a portfolio manager at Loup Ventures, says his firm has been adding to its Amazon position. While Munster concedes that investors are concerned about e-commerce profitability in the short run, he's convinced that in the long run, \"no one is going to compete with Amazon\" in online shopping. Munster figures that AWS and the ad business together will generate $45 billion in operating income this year. Value that at 25 times earnings, says Munster, and you get $1.1 trillion, which is just about the company's current total market value. That means investors are currently getting everything else free: online stores, Prime, logistics, Whole Foods Market, and a host of other businesses that Amazon has acquired over the years.Says Munster: \"It's hard not to like Amazon at this valuation.\"To be sure, Amazon continues to face bad publicity. The company is pushing back against unions trying to organize Amazon workers, a difficult balance for a company that claims to be Earth's best employer. The company is also dealing with a newly empowered Federal Trade Commission led by Chair Lina Khan, who once wrote in the Yale Law Review that Amazon's dominant market position was clear evidence that U.S. antitrust laws weren't effectively regulating the U.S. internet sector. Amazon is sure to face intense government scrutiny for future acquisitions. And it could be forced to make concessions to the government.For now, though, Amazon is still finding ways to grow through deals. Just this past week, the company agreed to buy One Medical, an owner of membership-based healthcare clinics, for $3.9 billion.There's also a chance the slowing economy could weigh on AWS sales for the next few quarters. For this year, Wall Street currently expects total Amazon revenue of $520 billion, up 11%, with profits of 56 cents a share, down from $3.24 a year earlier.But to Amazon bulls, the issues plaguing the company are fleeting and priced in. While the economy could fall into recession later this year or in 2023, that recession won't be permanent. Meanwhile, the e-commerce market continues to expand, and Amazon's slice of the pie remains vast, at about 40%. There's still room for additional market share gains, too.The company's advertising business, meanwhile, is on the rise. Given Apple's $(AAPL)$ tough stance on sharing information about consumer activity on the iPhone, advertisers are looking beyond Meta Platforms' $(META.UK)$ Facebook, Alphabet's $(GOOGL)$ YouTube, and Snap for places to spend their ad dollars. Many ad buyers are turning to options where consumer buying intent is clear on the surface. Meta has to infer what you might want to buy; in Amazon's case, consumers type their exact shopping interests into a search box. In a marketplace crowded with consumer choice, Amazon's ad market is a gold mine.And then there's Amazon Web Services, the company's mammoth cloud-computing platform. Since the company began breaking out results for AWS in 2015, the business has accounted for more than half of Amazon's operating profits, including almost 75% of the total in 2021. In 2022, with e-commerce operations likely to lose money, AWS is forecast to constitute 150% of Amazon's operating income.With revenue close to $82 billion, AWS is one of the world's largest software and services companies -- bigger than Oracle $(ORCL)$, IBM $(IBM)$, or SAP $(SAP)$, and more than twice the size of Salesforce $(CRM.AU)$, the largest of the so-called software-as-a-service companies. And AWS is going to get a lot bigger. It's no wonder that when Bezos chose to step down as CEO in 2021, he chose as his successor AWS architect Andy Jassy. (Amazon declined to make Jassy or any other executives available for this story, citing the quiet period ahead of earnings.)One of Wall Street's favorite strategies for assessing corporate value is a \"sum of the parts\" approach: Make a list of what the company owns, put a value on each part, then add it all up.For some of Amazon's businesses, appropriate comparisons are hard to find. There are no pure-play public cloud stocks that look anything like AWS; its primary rivals -- Microsoft $(MSFT)$ Azure and Google Cloud -- are likewise buried inside large businesses. Amazon's ad business is valuable, but it's linked to the core e-commerce business and therefore defies an easy value.Then there's Amazon Prime, which includes a Netflix-like video streaming service plus a Spotify-like music service. There are other businesses hidden in the company's financials, including the videogame streaming service Twitch, the audiobook company Audible, the podcasting producer Wondery, and autonomous-vehicle maker Zoox, just to name a few.In reporting this story, Barron's found at least four different attempts by Wall Street analysts to suss out the company's true value. They involve different parts, different metrics, and varying conclusions. The only consistent theme? Amazon's parts add up to a lot more than its current market value.Let's start with the entertainment-focused approach from Needham analyst Laura Martin. In her view, a large part of Amazon's value comes from its media businesses. She values Amazon Prime Video, Amazon Music, Twitch, and advertising at more than $500 billion. She values AWS at $650 billion. Those two numbers give you $1.15 trillion, or roughly Amazon's current market value. That doesn't include e-commerce, which Martin's calculations currently ignore.Truist internet analyst Youssef Squali has a different approach. He puts a value of more than $500 billion on Amazon's \"third-party retail\" services business, which includes logistics and other services provided to millions of sellers. He adds $172 billion for \"first party\" retail -- Amazon-branded goods, including electronics like Fire TVs and Kindles, plus thousands of AmazonBasics products. He values the company's subscription business -- basically Prime -- at a little over $100 billion. Then, he values AWS at $867 billion, using a multiple of 30 times estimated pretax earnings for 2022. (Salesforce, which is growing more slowly than AWS, trades at roughly 30 times pretax earnings.) Ultimately, Squali comes up with an Amazon value of $1.7 trillion.J.P. Morgan analyst Doug Anmuth takes the simplest view -- dividing Amazon into two pieces. He pegs the value of AWS at 20 times his estimate of $52 billion in 2023 earnings before interest, taxes, depreciation, and amortization, or Ebitda, which comes to just over $1 trillion. For the retail business, he applies a multiple of 1.25 times his estimated gross merchandise value for 2023, which comes to just over $950 billion. Anmuth notes that Walmart $(WMT)$ trades at about one times GMV, while Amazon's retail business has \"meaningfully higher\" growth, meriting a higher multiple. For Anmuth, that's a total Amazon value of $2 trillion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9935516807,"gmtCreate":1663113987709,"gmtModify":1676537205193,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935516807","repostId":"2267553206","repostType":4,"repost":{"id":"2267553206","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1663111687,"share":"https://ttm.financial/m/news/2267553206?lang=&edition=fundamental","pubTime":"2022-09-14 07:28","market":"us","language":"en","title":"U.S. Signs Deal With Google to Develop Chips for Researchers","url":"https://stock-news.laohu8.com/highlight/detail?id=2267553206","media":"Reuters","summary":"(Reuters) - The U.S. Commerce Department said it reached a cooperative research and development agre","content":"<html><head></head><body><p>(Reuters) - The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc&#39;s (GOOGL.O) Google to produce chips that researchers can use to develop new nanotechnology and semiconductor devices.</p><p>The deal was signed between the Commerce Department&#39;s National Institute of Standards and Technology (NIST) and Google. The chips will be manufactured by semiconductor company <a href=\"https://laohu8.com/S/SKYT\">SkyWater Technology </a> at its Bloomington, Minnesota, semiconductor foundry, the department said on Tuesday.</p><p>Google will pay the initial cost of setting up production and will subsidize the first production run, according to the agreement. NIST, with university research partners, will design the circuitry for the chips.</p><p>The Biden administration&#39;s Chips and Science Act was recently passed by Congress and signed into law. It authorizes funding aimed at jump-starting the domestic production of semiconductors in response to supply-chain disruptions.</p><p>A string of companies have announced new semiconductor plants resulting from passage of the legislation, which authorized about $52 billion in government subsidies for U.S. semiconductor production and research, and an investment tax credit for chip plants estimated to be worth $24 billion.</p><p>&#34;NIST anticipates designing as many as 40 different chips optimized for different applications. Because the chip designs will be open source, researchers will be able to pursue new ideas without restriction and share data and device designs freely,&#34; the Commerce Department said in a statement.</p><p>Research partners contributing to the chip designs include the University of Michigan, the University of Maryland, George Washington University, Brown University and Carnegie Mellon University, the statement added.</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. Signs Deal With Google to Develop Chips for Researchers</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. Signs Deal With Google to Develop Chips for Researchers\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\">2022-09-14 07:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc&#39;s (GOOGL.O) Google to produce chips that researchers can use to develop new nanotechnology and semiconductor devices.</p><p>The deal was signed between the Commerce Department&#39;s National Institute of Standards and Technology (NIST) and Google. The chips will be manufactured by semiconductor company <a href=\"https://laohu8.com/S/SKYT\">SkyWater Technology </a> at its Bloomington, Minnesota, semiconductor foundry, the department said on Tuesday.</p><p>Google will pay the initial cost of setting up production and will subsidize the first production run, according to the agreement. NIST, with university research partners, will design the circuitry for the chips.</p><p>The Biden administration&#39;s Chips and Science Act was recently passed by Congress and signed into law. It authorizes funding aimed at jump-starting the domestic production of semiconductors in response to supply-chain disruptions.</p><p>A string of companies have announced new semiconductor plants resulting from passage of the legislation, which authorized about $52 billion in government subsidies for U.S. semiconductor production and research, and an investment tax credit for chip plants estimated to be worth $24 billion.</p><p>&#34;NIST anticipates designing as many as 40 different chips optimized for different applications. Because the chip designs will be open source, researchers will be able to pursue new ideas without restriction and share data and device designs freely,&#34; the Commerce Department said in a statement.</p><p>Research partners contributing to the chip designs include the University of Michigan, the University of Maryland, George Washington University, Brown University and Carnegie Mellon University, the statement added.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SKYT":"SkyWater Technology, Inc.","GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267553206","content_text":"(Reuters) - The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc's (GOOGL.O) Google to produce chips that researchers can use to develop new nanotechnology and semiconductor devices.The deal was signed between the Commerce Department's National Institute of Standards and Technology (NIST) and Google. The chips will be manufactured by semiconductor company SkyWater Technology  at its Bloomington, Minnesota, semiconductor foundry, the department said on Tuesday.Google will pay the initial cost of setting up production and will subsidize the first production run, according to the agreement. NIST, with university research partners, will design the circuitry for the chips.The Biden administration's Chips and Science Act was recently passed by Congress and signed into law. It authorizes funding aimed at jump-starting the domestic production of semiconductors in response to supply-chain disruptions.A string of companies have announced new semiconductor plants resulting from passage of the legislation, which authorized about $52 billion in government subsidies for U.S. semiconductor production and research, and an investment tax credit for chip plants estimated to be worth $24 billion.\"NIST anticipates designing as many as 40 different chips optimized for different applications. Because the chip designs will be open source, researchers will be able to pursue new ideas without restriction and share data and device designs freely,\" the Commerce Department said in a statement.Research partners contributing to the chip designs include the University of Michigan, the University of Maryland, George Washington University, Brown University and Carnegie Mellon University, the statement added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900340052,"gmtCreate":1658646449877,"gmtModify":1676536187271,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"themes":[],"htmlText":"Thanks for sharing&nbsp;","listText":"Thanks for sharing&nbsp;","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9900340052","repostId":"1190015955","repostType":4,"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4113904591642392","authorId":"4113904591642392","name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","crmLevel":1,"crmLevelSwitch":0,"idStr":"4113904591642392","authorIdStr":"4113904591642392"},"content":"Are you new to Tiger? If yes, welcome to the Tiger Community🤗I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly & help to like your post too!","text":"Are you new to Tiger? If yes, welcome to the Tiger Community🤗I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly & help to like your post too!","html":"Are you new to Tiger? If yes, welcome to the Tiger Community🤗I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly & help to like your post too!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935516636,"gmtCreate":1663114005825,"gmtModify":1676537205192,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935516636","repostId":"2267554270","repostType":4,"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935512169,"gmtCreate":1663114021452,"gmtModify":1676537205215,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935512169","repostId":"1120673157","repostType":4,"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935511923,"gmtCreate":1663113892063,"gmtModify":1676537205127,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935511923","repostId":"1150110459","repostType":4,"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935513190,"gmtCreate":1663113860211,"gmtModify":1676537205103,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935513190","repostId":"2267503275","repostType":4,"repost":{"id":"2267503275","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1663100861,"share":"https://ttm.financial/m/news/2267503275?lang=&edition=fundamental","pubTime":"2022-09-14 04:27","market":"us","language":"en","title":"US STOCKS-Wall St Tumbles to Biggest Loss in Two Years Following CPI Data","url":"https://stock-news.laohu8.com/highlight/detail?id=2267503275","media":"Reuters","summary":"U.S. consumer prices rise unexpectedlyLikelihood grows of a 100 bp Fed rate hike in SeptIndexes slid","content":"<html><head></head><body><ul><li>U.S. consumer prices rise unexpectedly</li><li>Likelihood grows of a 100 bp Fed rate hike in Sept</li><li>Indexes slide: Dow 3.94%, S&amp;P 4.32%, Nasdaq 5.16%</li></ul><p>(Reuters) - A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale back its policy tightening in the coming months.</p><p>All three major U.S. stock indexes veered sharply lower, snapping four-day winning streaks and notching their biggest one-day percentage drops since June 2020 during the throes of the COVID-19 pandemic.</p><p>Surging risk-off sentiment pulled every major sector deep into negative territory, with interest-rate-sensitive tech and tech-adjacent market leaders, led by <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp</a> and <a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc</a> weighing heaviest.</p><p>&#34;(The sell-off) is not a surprise given the rally running up to the data,&#34; said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.</p><p>The Labor Department&#39;s consumer price index (CPI) came in above consensus, interrupting a cooling trend and throwing cold water on hopes that the Federal Reserve could relent after September and ease up on its interest rate hikes.</p><p>Core CPI, which strips out volatile food and energy prices, increased more than expected, rising to 6.3% from 5.9% in July.</p><p>The report points to &#34;very persistent inflation and that means the Fed is going to remain engaged and raise rates,&#34; Nolte added. &#34;And that’s an anathema to equities.&#34;</p><p>Financial markets have fully priced in an interest rate hike of at least 75 basis points at the conclusion of the FOMC&#39;s policy meeting next week, with a 32% probability of a super-sized, full-percentage-point increase to the Fed funds target rate, according to CME&#39;s FedWatch tool.</p><p>&#34;The Fed has increased (interest rates) by three full percentage points in the last six months,&#34; Nolte said. &#34;We have not yet felt the full impact of all those increases. But we will feel it.&#34;</p><p>&#34;We are at recession’s doorstep.&#34;</p><p>Worries persist that a prolonged period of policy tightening from the Fed could tip the economy over the brink of recession.</p><p>The inversion of yields on two- and 10-year Treasury notes, regarded as a red flag of impending recession, widened further.</p><p>The Dow Jones Industrial Average fell 1,276.37 points, or 3.94%, to 31,104.97, the S&amp;P 500 lost 177.72 points, or 4.32%, to 3,932.69 and the Nasdaq Composite dropped 632.84 points, or 5.16%, to 11,633.57.</p><p>All 11 major sectors of the S&amp;P 500 ended the session deep in red territory.</p><p>Communications services, consumer discretionary and tech shares all plummeted more than 5%, while the tech subset semiconductor sector sank 6.2%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 7.76-to-1 ratio; on Nasdaq, a 3.64-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week high and 16 new lows; the Nasdaq Composite recorded 29 new highs and 163 new lows.</p><p>Volume on U.S. exchanges was 11.58 billion shares, compared with the 10.33 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Tumbles to Biggest Loss in Two Years Following CPI Data</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\">\nUS STOCKS-Wall St Tumbles to Biggest Loss in Two Years Following CPI Data\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\">2022-09-14 04:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>U.S. consumer prices rise unexpectedly</li><li>Likelihood grows of a 100 bp Fed rate hike in Sept</li><li>Indexes slide: Dow 3.94%, S&amp;P 4.32%, Nasdaq 5.16%</li></ul><p>(Reuters) - A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale back its policy tightening in the coming months.</p><p>All three major U.S. stock indexes veered sharply lower, snapping four-day winning streaks and notching their biggest one-day percentage drops since June 2020 during the throes of the COVID-19 pandemic.</p><p>Surging risk-off sentiment pulled every major sector deep into negative territory, with interest-rate-sensitive tech and tech-adjacent market leaders, led by <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp</a> and <a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc</a> weighing heaviest.</p><p>&#34;(The sell-off) is not a surprise given the rally running up to the data,&#34; said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.</p><p>The Labor Department&#39;s consumer price index (CPI) came in above consensus, interrupting a cooling trend and throwing cold water on hopes that the Federal Reserve could relent after September and ease up on its interest rate hikes.</p><p>Core CPI, which strips out volatile food and energy prices, increased more than expected, rising to 6.3% from 5.9% in July.</p><p>The report points to &#34;very persistent inflation and that means the Fed is going to remain engaged and raise rates,&#34; Nolte added. &#34;And that’s an anathema to equities.&#34;</p><p>Financial markets have fully priced in an interest rate hike of at least 75 basis points at the conclusion of the FOMC&#39;s policy meeting next week, with a 32% probability of a super-sized, full-percentage-point increase to the Fed funds target rate, according to CME&#39;s FedWatch tool.</p><p>&#34;The Fed has increased (interest rates) by three full percentage points in the last six months,&#34; Nolte said. &#34;We have not yet felt the full impact of all those increases. But we will feel it.&#34;</p><p>&#34;We are at recession’s doorstep.&#34;</p><p>Worries persist that a prolonged period of policy tightening from the Fed could tip the economy over the brink of recession.</p><p>The inversion of yields on two- and 10-year Treasury notes, regarded as a red flag of impending recession, widened further.</p><p>The Dow Jones Industrial Average fell 1,276.37 points, or 3.94%, to 31,104.97, the S&amp;P 500 lost 177.72 points, or 4.32%, to 3,932.69 and the Nasdaq Composite dropped 632.84 points, or 5.16%, to 11,633.57.</p><p>All 11 major sectors of the S&amp;P 500 ended the session deep in red territory.</p><p>Communications services, consumer discretionary and tech shares all plummeted more than 5%, while the tech subset semiconductor sector sank 6.2%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 7.76-to-1 ratio; on Nasdaq, a 3.64-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week high and 16 new lows; the Nasdaq Composite recorded 29 new highs and 163 new lows.</p><p>Volume on U.S. exchanges was 11.58 billion shares, compared with the 10.33 billion average over the last 20 trading days.</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":"2267503275","content_text":"U.S. consumer prices rise unexpectedlyLikelihood grows of a 100 bp Fed rate hike in SeptIndexes slide: Dow 3.94%, S&P 4.32%, Nasdaq 5.16%(Reuters) - A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale back its policy tightening in the coming months.All three major U.S. stock indexes veered sharply lower, snapping four-day winning streaks and notching their biggest one-day percentage drops since June 2020 during the throes of the COVID-19 pandemic.Surging risk-off sentiment pulled every major sector deep into negative territory, with interest-rate-sensitive tech and tech-adjacent market leaders, led by Apple Inc, Microsoft Corp and Amazon.com Inc weighing heaviest.\"(The sell-off) is not a surprise given the rally running up to the data,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.The Labor Department's consumer price index (CPI) came in above consensus, interrupting a cooling trend and throwing cold water on hopes that the Federal Reserve could relent after September and ease up on its interest rate hikes.Core CPI, which strips out volatile food and energy prices, increased more than expected, rising to 6.3% from 5.9% in July.The report points to \"very persistent inflation and that means the Fed is going to remain engaged and raise rates,\" Nolte added. \"And that’s an anathema to equities.\"Financial markets have fully priced in an interest rate hike of at least 75 basis points at the conclusion of the FOMC's policy meeting next week, with a 32% probability of a super-sized, full-percentage-point increase to the Fed funds target rate, according to CME's FedWatch tool.\"The Fed has increased (interest rates) by three full percentage points in the last six months,\" Nolte said. \"We have not yet felt the full impact of all those increases. But we will feel it.\"\"We are at recession’s doorstep.\"Worries persist that a prolonged period of policy tightening from the Fed could tip the economy over the brink of recession.The inversion of yields on two- and 10-year Treasury notes, regarded as a red flag of impending recession, widened further.The Dow Jones Industrial Average fell 1,276.37 points, or 3.94%, to 31,104.97, the S&P 500 lost 177.72 points, or 4.32%, to 3,932.69 and the Nasdaq Composite dropped 632.84 points, or 5.16%, to 11,633.57.All 11 major sectors of the S&P 500 ended the session deep in red territory.Communications services, consumer discretionary and tech shares all plummeted more than 5%, while the tech subset semiconductor sector sank 6.2%.Declining issues outnumbered advancing ones on the NYSE by a 7.76-to-1 ratio; on Nasdaq, a 3.64-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week high and 16 new lows; the Nasdaq Composite recorded 29 new highs and 163 new lows.Volume on U.S. exchanges was 11.58 billion shares, compared with the 10.33 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900357426,"gmtCreate":1658646419265,"gmtModify":1676536187270,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"themes":[],"htmlText":"Thanks for sharing","listText":"Thanks for sharing","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900357426","repostId":"2253015276","repostType":4,"repost":{"id":"2253015276","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1658624261,"share":"https://ttm.financial/m/news/2253015276?lang=&edition=fundamental","pubTime":"2022-07-24 08:57","market":"us","language":"en","title":"Here Are 5 Things We've Learned so Far From Earnings Season","url":"https://stock-news.laohu8.com/highlight/detail?id=2253015276","media":"Dow Jones","summary":"There are signs that supply chain woes are easing, while price increases to fight inflation are boos","content":"<html><head></head><body><p>There are signs that supply chain woes are easing, while price increases to fight inflation are boosting revenue.</p><p>Only about one-fifth of the S&amp;P 500 have so far reported second-quarter results, but at least five major talking points have emerged -- some quite surprising -- since earnings season started more than a week ago.</p><p>A key concern heading into earnings season wasn&#39;t what happened during the previous three-month period, but how much companies would lower forward guidance, given growing fears the Federal Reserve&#39;s aggressive interest rate increases to fight historically high inflation would tip the U.S. economy into a recession.</p><p>But with 106 of the 503 S&amp;P 500 companies having reported results through Friday morning, according to FactSet, that expected negative has so far been a positive.</p><p>For the second quarter, while more companies than usual are beating profit and revenue expectations, they&#39;re beating them by narrower-than-usual margins.</p><p>So far, so good</p><p>Through Friday morning, 75.5% of the companies reporting have been beating consensus analyst projections for earnings per share, by an average of about 4.7%, according to I/B/E/S data provided by Refinitiv. That compares with 66% of companies beating EPS estimates in a typical quarter since 1994, and an average beat margin of 9.5% for the prior four quarters.</p><p>And for revenue, 68.9% of the companies have topped forecasts by an average of about 1.3%, compared with 62% of companies beating in a typical quarter since 2002 and an average beat rate of 3.4% for the prior four quarters.</p><p>More beats by less than the usual amount has led to year-over-year growth in the blended EPS estimate, which includes results from companies that have already reported results and estimates of companies yet to report, to slip to 5.0% from an estimate of 5.7% growth as of March 31, according to FactSet data.</p><p>The blended estimate for revenue growth has increased to 10.7% from 9.7% at the end of March, FactSet said. That&#39;s because companies are not selling more but are selling at higher prices.</p><p>Meanwhile, despite worries that recession fears would lead to a raft of full-year guidance cuts, that just hasn&#39;t been the case. In fact the ratio of negative EPS preannouncements to positive preannouncements has so far been 1.7, according to I/B/E/S data, well below the long-term average of 2.6, and only slightly above the average over the prior four quarters of 1.5.</p><p>As a result, the FactSet consensus growth estimate for EPS has increased to 9.7% from 9.3% as of March 31, while the growth estimate for revenue has jumped to 10.4% from 8.9%.</p><p>Jeff Buchbinder, equity strategist for LPL Financial, said earnings are &#34;well on track&#34; to grow by more than 5% from last year, given &#34;solid&#34; beat rates and &#34;healthy&#34; revenue growth, bolstered by higher pricing.</p><p>&#34;We believe the revenue environment and corporate productivity are in too good of shape for earnings to contract anytime soon,&#34; Buchbinder said. &#34;Bottom line, the pessimism may be overdone.&#34;</p><p>Yes, dollar strength is a headwind</p><p>That said, there was a worry heading into earnings season that is being fulfilled: The sharp rise in the U.S. dollar will reduce the value of profits and revenue generated from overseas operations.</p><p>Also read: A strong dollar is stirring trouble for markets: What investors need to know.</p><p>Here&#39;s why a rising dollar can hurt results of multinational companies: The U.S. dollar-Japanese yen exchange rate increased to 135.75 on June 30 from 122.50 on April 1, meaning 10,000 yen in earnings was worth just $73.66 on June 30, down from $81.63 on April 1.</p><p>So with the U.S. dollar index , which tracks the dollar against a basket of currencies of major trading partners, surging 6.5% during the second-quarter, the biggest quarterly gain since the fourth quarter of 2016, currency translation had a large negative effect on earnings.</p><p>For example, International Business Machines Corp. <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a> said earlier this week that second-quarter revenue growth was 9%, but would have been 16% if not for the negative effects of dollar strength. And Dow Inc. <a href=\"https://laohu8.com/S/DOW.NZ\">$(DOW.NZ)$</a> said on Thursday that currency decreased sales by 3%, while Johnson &amp; Johnson <a href=\"https://laohu8.com/S/JNJ\">$(JNJ)$</a> said unfavorable currency translation reduced its sales growth by 5%.</p><p>&#34;This will be a consistent theme that receives significant attention throughout the earnings season,&#34; said Lindsey Bell, chief markets and money strategist for Ally, especially for the technology sector, in which nearly 60% of the sectors revenue is generated overseas.</p><p>Snap confirms a grim outlook for big internet companies</p><p>Fears that ad-supported internet stocks were facing a perfect storm of issues that would show up in second-quarter earnings were realized this week, when Snapchat parent <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>. (SNAP) posted what one analyst called &#34;terrible&#34; numbers, as others rushed to downgrade the stock.</p><p>Snap missed revenue consensus estimates and executives declined to provide a financial forecast while speaking of a second quarter that was &#34;more challenging than we expected.&#34; Snap had already warned weeks back that it was bracing for disappointing performance.</p><p>The company is dealing with issues unique to the evolving social-media landscape as well as a broader macroeconomic storm. Not only does it have to deal with TikTok&#39;s rise and lingering privacy-related impacts from Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, it&#39;s also facing an ad-market slowdown that spooked analysts.</p><p>Read now:As Snap melts down, its founders make sure to protect the people who matter: themselves</p><p>&#34;Results suggest a significant deterioration in advertiser demand, which will likely weigh on the sector,&#34; Piper Sandler analyst Thomas Champion wrote in a note to clients late Thursday.</p><p>&#34;When fundamentals change this dramatically, it&#39;s hard for us not to change our investment opinion, however belated the call,&#34; said Evercore&#39;s Mark Mahaney, who cut his rating on Snap&#39;s stock to in line from outperform.</p><p>&#34;We will await a stabilization in revenue growth before considering getting more constructive,&#34; he added.</p><p>MoffettNathanson downgraded the stock to market perform. Among other gripes, the analysts there said that &#34;after spending many years denying that competition from TikTok is an issue, it may turn out that Snap&#39;s usage and advertising growth is actually far more challenged than they knew.&#34;</p><p>For more, see:Snap&#39;s dire ad warnings prompt string of downgrades: &#39;This stock faces a grim outlook&#39;</p><p>The report bodes ill for other internet giants that rely on digital ads, including <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a>, Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> and Apple, all of which report next week</p><p>Don&#39;t miss:It&#39;s the end of &#39;fantasyland&#39; for Big Tech and its workers</p><p>Supply chain and labor shortages are still key themes</p><p>The supply chain and labor shortages have featured prominently in earnings for the past several quarters and this one is no different so far.</p><p>But there are finally some signs of improvement in supply chains, as measured by certain indexes.</p><p>The NY Fed&#39;s supply chain index is currently at its best level since March of 2021 -- it hit its worst level in December of 2021, as Tom Lee, head of research at Fundstrat Global Advisors, noted in commentary.</p><p>Lee cited upbeat comments from Volvo AB , which said semi chip access was improving and production at best levels all year, and railroad operator CSX <a href=\"https://laohu8.com/S/CSX\">$(CSX)$</a> which said there are &#34;clear signs&#34; from car makers that chip challenges are easing.</p><p>And on Thursday, chemicals giant Dow Inc. said it had &#34;higher supply availability&#34; for its industrial solutions and for its coatings &amp; performance monomers business.</p><p>The news on the labor market is less cheery, however. The challenge of finding train conductor trainees, for example, led <a href=\"https://laohu8.com/S/NSCO.WS\">Norfolk Southern Corp</a>. <a href=\"https://laohu8.com/S/NSC\">$(NSC)$</a> to put out an unusual release, highlighting an increase in hourly pay to a minimum of $25 and biweekly on-the-job training incentive of $300.</p><p>Atlanta, Ga.-based Norfolk said conductor trainees in priority locations can earn up to $5,000 in starting bonuses and expect first-year pay of an average $67,000, along with benefits including a pension, a 401 (k) savings option and healthcare coverage</p><p>Those locations include some economically depressed ones: Bellevue, Ohio, Fort Wayne, Indiana, Binghamton, New York, Harrisburg, Pennsylvania, Cincinnati, Ohio, Louisville, Kentucky, Conway, Pennsylvania, Peru, Indiana, Decatur, Illinois, Princeton, Indiana, Elkhart, Indiana and Roanoke, Virginia.</p><p>The challenge of finding railroad workers showed up in CSX&#39;s earnings too. Chief Executive Jim Foote told analysts on the company&#39;s earnings call that it was having trouble hiring and retaining workers.</p><p>&#34;We are not alone in facing this problem,&#34; said Foote, according to a FactSet transcript. &#34;The labor market is tight. Prospective recruits have many job options.&#34;</p><p>Read now:&#39;People will freak out&#39;: The cloud boom is coming back to Earth, and that could be scary for tech stocks</p><p>Twitter may be right. Elon is hurting its business</p><p>When Twitter Inc.&#39;s lawyers asked a Delaware judge Tuesday for a speedy trial that would settle its merger spat with Elon Musk, they argued that the saga&#39;s overhang was causing constant harm to the company.</p><p>That topic came up again when Twitter (TWTR) reported downbeat financial results Friday, including a surprise dip in revenue and a sizable $270 million loss. Among factors the company blamed for its revenue miss was &#34;uncertainty related to the pending acquisition&#34; by Musk. The company also pointed to about $33 million in second-quarter costs related to the deal.</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>Here Are 5 Things We've Learned so Far From Earnings Season</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\">\nHere Are 5 Things We've Learned so Far From Earnings Season\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-24 08:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>There are signs that supply chain woes are easing, while price increases to fight inflation are boosting revenue.</p><p>Only about one-fifth of the S&amp;P 500 have so far reported second-quarter results, but at least five major talking points have emerged -- some quite surprising -- since earnings season started more than a week ago.</p><p>A key concern heading into earnings season wasn&#39;t what happened during the previous three-month period, but how much companies would lower forward guidance, given growing fears the Federal Reserve&#39;s aggressive interest rate increases to fight historically high inflation would tip the U.S. economy into a recession.</p><p>But with 106 of the 503 S&amp;P 500 companies having reported results through Friday morning, according to FactSet, that expected negative has so far been a positive.</p><p>For the second quarter, while more companies than usual are beating profit and revenue expectations, they&#39;re beating them by narrower-than-usual margins.</p><p>So far, so good</p><p>Through Friday morning, 75.5% of the companies reporting have been beating consensus analyst projections for earnings per share, by an average of about 4.7%, according to I/B/E/S data provided by Refinitiv. That compares with 66% of companies beating EPS estimates in a typical quarter since 1994, and an average beat margin of 9.5% for the prior four quarters.</p><p>And for revenue, 68.9% of the companies have topped forecasts by an average of about 1.3%, compared with 62% of companies beating in a typical quarter since 2002 and an average beat rate of 3.4% for the prior four quarters.</p><p>More beats by less than the usual amount has led to year-over-year growth in the blended EPS estimate, which includes results from companies that have already reported results and estimates of companies yet to report, to slip to 5.0% from an estimate of 5.7% growth as of March 31, according to FactSet data.</p><p>The blended estimate for revenue growth has increased to 10.7% from 9.7% at the end of March, FactSet said. That&#39;s because companies are not selling more but are selling at higher prices.</p><p>Meanwhile, despite worries that recession fears would lead to a raft of full-year guidance cuts, that just hasn&#39;t been the case. In fact the ratio of negative EPS preannouncements to positive preannouncements has so far been 1.7, according to I/B/E/S data, well below the long-term average of 2.6, and only slightly above the average over the prior four quarters of 1.5.</p><p>As a result, the FactSet consensus growth estimate for EPS has increased to 9.7% from 9.3% as of March 31, while the growth estimate for revenue has jumped to 10.4% from 8.9%.</p><p>Jeff Buchbinder, equity strategist for LPL Financial, said earnings are &#34;well on track&#34; to grow by more than 5% from last year, given &#34;solid&#34; beat rates and &#34;healthy&#34; revenue growth, bolstered by higher pricing.</p><p>&#34;We believe the revenue environment and corporate productivity are in too good of shape for earnings to contract anytime soon,&#34; Buchbinder said. &#34;Bottom line, the pessimism may be overdone.&#34;</p><p>Yes, dollar strength is a headwind</p><p>That said, there was a worry heading into earnings season that is being fulfilled: The sharp rise in the U.S. dollar will reduce the value of profits and revenue generated from overseas operations.</p><p>Also read: A strong dollar is stirring trouble for markets: What investors need to know.</p><p>Here&#39;s why a rising dollar can hurt results of multinational companies: The U.S. dollar-Japanese yen exchange rate increased to 135.75 on June 30 from 122.50 on April 1, meaning 10,000 yen in earnings was worth just $73.66 on June 30, down from $81.63 on April 1.</p><p>So with the U.S. dollar index , which tracks the dollar against a basket of currencies of major trading partners, surging 6.5% during the second-quarter, the biggest quarterly gain since the fourth quarter of 2016, currency translation had a large negative effect on earnings.</p><p>For example, International Business Machines Corp. <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a> said earlier this week that second-quarter revenue growth was 9%, but would have been 16% if not for the negative effects of dollar strength. And Dow Inc. <a href=\"https://laohu8.com/S/DOW.NZ\">$(DOW.NZ)$</a> said on Thursday that currency decreased sales by 3%, while Johnson &amp; Johnson <a href=\"https://laohu8.com/S/JNJ\">$(JNJ)$</a> said unfavorable currency translation reduced its sales growth by 5%.</p><p>&#34;This will be a consistent theme that receives significant attention throughout the earnings season,&#34; said Lindsey Bell, chief markets and money strategist for Ally, especially for the technology sector, in which nearly 60% of the sectors revenue is generated overseas.</p><p>Snap confirms a grim outlook for big internet companies</p><p>Fears that ad-supported internet stocks were facing a perfect storm of issues that would show up in second-quarter earnings were realized this week, when Snapchat parent <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>. (SNAP) posted what one analyst called &#34;terrible&#34; numbers, as others rushed to downgrade the stock.</p><p>Snap missed revenue consensus estimates and executives declined to provide a financial forecast while speaking of a second quarter that was &#34;more challenging than we expected.&#34; Snap had already warned weeks back that it was bracing for disappointing performance.</p><p>The company is dealing with issues unique to the evolving social-media landscape as well as a broader macroeconomic storm. Not only does it have to deal with TikTok&#39;s rise and lingering privacy-related impacts from Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, it&#39;s also facing an ad-market slowdown that spooked analysts.</p><p>Read now:As Snap melts down, its founders make sure to protect the people who matter: themselves</p><p>&#34;Results suggest a significant deterioration in advertiser demand, which will likely weigh on the sector,&#34; Piper Sandler analyst Thomas Champion wrote in a note to clients late Thursday.</p><p>&#34;When fundamentals change this dramatically, it&#39;s hard for us not to change our investment opinion, however belated the call,&#34; said Evercore&#39;s Mark Mahaney, who cut his rating on Snap&#39;s stock to in line from outperform.</p><p>&#34;We will await a stabilization in revenue growth before considering getting more constructive,&#34; he added.</p><p>MoffettNathanson downgraded the stock to market perform. Among other gripes, the analysts there said that &#34;after spending many years denying that competition from TikTok is an issue, it may turn out that Snap&#39;s usage and advertising growth is actually far more challenged than they knew.&#34;</p><p>For more, see:Snap&#39;s dire ad warnings prompt string of downgrades: &#39;This stock faces a grim outlook&#39;</p><p>The report bodes ill for other internet giants that rely on digital ads, including <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a>, Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> and Apple, all of which report next week</p><p>Don&#39;t miss:It&#39;s the end of &#39;fantasyland&#39; for Big Tech and its workers</p><p>Supply chain and labor shortages are still key themes</p><p>The supply chain and labor shortages have featured prominently in earnings for the past several quarters and this one is no different so far.</p><p>But there are finally some signs of improvement in supply chains, as measured by certain indexes.</p><p>The NY Fed&#39;s supply chain index is currently at its best level since March of 2021 -- it hit its worst level in December of 2021, as Tom Lee, head of research at Fundstrat Global Advisors, noted in commentary.</p><p>Lee cited upbeat comments from Volvo AB , which said semi chip access was improving and production at best levels all year, and railroad operator CSX <a href=\"https://laohu8.com/S/CSX\">$(CSX)$</a> which said there are &#34;clear signs&#34; from car makers that chip challenges are easing.</p><p>And on Thursday, chemicals giant Dow Inc. said it had &#34;higher supply availability&#34; for its industrial solutions and for its coatings &amp; performance monomers business.</p><p>The news on the labor market is less cheery, however. The challenge of finding train conductor trainees, for example, led <a href=\"https://laohu8.com/S/NSCO.WS\">Norfolk Southern Corp</a>. <a href=\"https://laohu8.com/S/NSC\">$(NSC)$</a> to put out an unusual release, highlighting an increase in hourly pay to a minimum of $25 and biweekly on-the-job training incentive of $300.</p><p>Atlanta, Ga.-based Norfolk said conductor trainees in priority locations can earn up to $5,000 in starting bonuses and expect first-year pay of an average $67,000, along with benefits including a pension, a 401 (k) savings option and healthcare coverage</p><p>Those locations include some economically depressed ones: Bellevue, Ohio, Fort Wayne, Indiana, Binghamton, New York, Harrisburg, Pennsylvania, Cincinnati, Ohio, Louisville, Kentucky, Conway, Pennsylvania, Peru, Indiana, Decatur, Illinois, Princeton, Indiana, Elkhart, Indiana and Roanoke, Virginia.</p><p>The challenge of finding railroad workers showed up in CSX&#39;s earnings too. Chief Executive Jim Foote told analysts on the company&#39;s earnings call that it was having trouble hiring and retaining workers.</p><p>&#34;We are not alone in facing this problem,&#34; said Foote, according to a FactSet transcript. &#34;The labor market is tight. Prospective recruits have many job options.&#34;</p><p>Read now:&#39;People will freak out&#39;: The cloud boom is coming back to Earth, and that could be scary for tech stocks</p><p>Twitter may be right. Elon is hurting its business</p><p>When Twitter Inc.&#39;s lawyers asked a Delaware judge Tuesday for a speedy trial that would settle its merger spat with Elon Musk, they argued that the saga&#39;s overhang was causing constant harm to the company.</p><p>That topic came up again when Twitter (TWTR) reported downbeat financial results Friday, including a surprise dip in revenue and a sizable $270 million loss. Among factors the company blamed for its revenue miss was &#34;uncertainty related to the pending acquisition&#34; by Musk. The company also pointed to about $33 million in second-quarter costs related to the deal.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253015276","content_text":"There are signs that supply chain woes are easing, while price increases to fight inflation are boosting revenue.Only about one-fifth of the S&P 500 have so far reported second-quarter results, but at least five major talking points have emerged -- some quite surprising -- since earnings season started more than a week ago.A key concern heading into earnings season wasn't what happened during the previous three-month period, but how much companies would lower forward guidance, given growing fears the Federal Reserve's aggressive interest rate increases to fight historically high inflation would tip the U.S. economy into a recession.But with 106 of the 503 S&P 500 companies having reported results through Friday morning, according to FactSet, that expected negative has so far been a positive.For the second quarter, while more companies than usual are beating profit and revenue expectations, they're beating them by narrower-than-usual margins.So far, so goodThrough Friday morning, 75.5% of the companies reporting have been beating consensus analyst projections for earnings per share, by an average of about 4.7%, according to I/B/E/S data provided by Refinitiv. That compares with 66% of companies beating EPS estimates in a typical quarter since 1994, and an average beat margin of 9.5% for the prior four quarters.And for revenue, 68.9% of the companies have topped forecasts by an average of about 1.3%, compared with 62% of companies beating in a typical quarter since 2002 and an average beat rate of 3.4% for the prior four quarters.More beats by less than the usual amount has led to year-over-year growth in the blended EPS estimate, which includes results from companies that have already reported results and estimates of companies yet to report, to slip to 5.0% from an estimate of 5.7% growth as of March 31, according to FactSet data.The blended estimate for revenue growth has increased to 10.7% from 9.7% at the end of March, FactSet said. That's because companies are not selling more but are selling at higher prices.Meanwhile, despite worries that recession fears would lead to a raft of full-year guidance cuts, that just hasn't been the case. In fact the ratio of negative EPS preannouncements to positive preannouncements has so far been 1.7, according to I/B/E/S data, well below the long-term average of 2.6, and only slightly above the average over the prior four quarters of 1.5.As a result, the FactSet consensus growth estimate for EPS has increased to 9.7% from 9.3% as of March 31, while the growth estimate for revenue has jumped to 10.4% from 8.9%.Jeff Buchbinder, equity strategist for LPL Financial, said earnings are \"well on track\" to grow by more than 5% from last year, given \"solid\" beat rates and \"healthy\" revenue growth, bolstered by higher pricing.\"We believe the revenue environment and corporate productivity are in too good of shape for earnings to contract anytime soon,\" Buchbinder said. \"Bottom line, the pessimism may be overdone.\"Yes, dollar strength is a headwindThat said, there was a worry heading into earnings season that is being fulfilled: The sharp rise in the U.S. dollar will reduce the value of profits and revenue generated from overseas operations.Also read: A strong dollar is stirring trouble for markets: What investors need to know.Here's why a rising dollar can hurt results of multinational companies: The U.S. dollar-Japanese yen exchange rate increased to 135.75 on June 30 from 122.50 on April 1, meaning 10,000 yen in earnings was worth just $73.66 on June 30, down from $81.63 on April 1.So with the U.S. dollar index , which tracks the dollar against a basket of currencies of major trading partners, surging 6.5% during the second-quarter, the biggest quarterly gain since the fourth quarter of 2016, currency translation had a large negative effect on earnings.For example, International Business Machines Corp. $(IBM)$ said earlier this week that second-quarter revenue growth was 9%, but would have been 16% if not for the negative effects of dollar strength. And Dow Inc. $(DOW.NZ)$ said on Thursday that currency decreased sales by 3%, while Johnson & Johnson $(JNJ)$ said unfavorable currency translation reduced its sales growth by 5%.\"This will be a consistent theme that receives significant attention throughout the earnings season,\" said Lindsey Bell, chief markets and money strategist for Ally, especially for the technology sector, in which nearly 60% of the sectors revenue is generated overseas.Snap confirms a grim outlook for big internet companiesFears that ad-supported internet stocks were facing a perfect storm of issues that would show up in second-quarter earnings were realized this week, when Snapchat parent Snap Inc. (SNAP) posted what one analyst called \"terrible\" numbers, as others rushed to downgrade the stock.Snap missed revenue consensus estimates and executives declined to provide a financial forecast while speaking of a second quarter that was \"more challenging than we expected.\" Snap had already warned weeks back that it was bracing for disappointing performance.The company is dealing with issues unique to the evolving social-media landscape as well as a broader macroeconomic storm. Not only does it have to deal with TikTok's rise and lingering privacy-related impacts from Apple Inc. $(AAPL)$, it's also facing an ad-market slowdown that spooked analysts.Read now:As Snap melts down, its founders make sure to protect the people who matter: themselves\"Results suggest a significant deterioration in advertiser demand, which will likely weigh on the sector,\" Piper Sandler analyst Thomas Champion wrote in a note to clients late Thursday.\"When fundamentals change this dramatically, it's hard for us not to change our investment opinion, however belated the call,\" said Evercore's Mark Mahaney, who cut his rating on Snap's stock to in line from outperform.\"We will await a stabilization in revenue growth before considering getting more constructive,\" he added.MoffettNathanson downgraded the stock to market perform. Among other gripes, the analysts there said that \"after spending many years denying that competition from TikTok is an issue, it may turn out that Snap's usage and advertising growth is actually far more challenged than they knew.\"For more, see:Snap's dire ad warnings prompt string of downgrades: 'This stock faces a grim outlook'The report bodes ill for other internet giants that rely on digital ads, including Meta Platforms Inc. $(META.UK)$, Alphabet Inc. $(GOOGL)$ and Apple, all of which report next weekDon't miss:It's the end of 'fantasyland' for Big Tech and its workersSupply chain and labor shortages are still key themesThe supply chain and labor shortages have featured prominently in earnings for the past several quarters and this one is no different so far.But there are finally some signs of improvement in supply chains, as measured by certain indexes.The NY Fed's supply chain index is currently at its best level since March of 2021 -- it hit its worst level in December of 2021, as Tom Lee, head of research at Fundstrat Global Advisors, noted in commentary.Lee cited upbeat comments from Volvo AB , which said semi chip access was improving and production at best levels all year, and railroad operator CSX $(CSX)$ which said there are \"clear signs\" from car makers that chip challenges are easing.And on Thursday, chemicals giant Dow Inc. said it had \"higher supply availability\" for its industrial solutions and for its coatings & performance monomers business.The news on the labor market is less cheery, however. The challenge of finding train conductor trainees, for example, led Norfolk Southern Corp. $(NSC)$ to put out an unusual release, highlighting an increase in hourly pay to a minimum of $25 and biweekly on-the-job training incentive of $300.Atlanta, Ga.-based Norfolk said conductor trainees in priority locations can earn up to $5,000 in starting bonuses and expect first-year pay of an average $67,000, along with benefits including a pension, a 401 (k) savings option and healthcare coverageThose locations include some economically depressed ones: Bellevue, Ohio, Fort Wayne, Indiana, Binghamton, New York, Harrisburg, Pennsylvania, Cincinnati, Ohio, Louisville, Kentucky, Conway, Pennsylvania, Peru, Indiana, Decatur, Illinois, Princeton, Indiana, Elkhart, Indiana and Roanoke, Virginia.The challenge of finding railroad workers showed up in CSX's earnings too. Chief Executive Jim Foote told analysts on the company's earnings call that it was having trouble hiring and retaining workers.\"We are not alone in facing this problem,\" said Foote, according to a FactSet transcript. \"The labor market is tight. Prospective recruits have many job options.\"Read now:'People will freak out': The cloud boom is coming back to Earth, and that could be scary for tech stocksTwitter may be right. Elon is hurting its businessWhen Twitter Inc.'s lawyers asked a Delaware judge Tuesday for a speedy trial that would settle its merger spat with Elon Musk, they argued that the saga's overhang was causing constant harm to the company.That topic came up again when Twitter (TWTR) reported downbeat financial results Friday, including a surprise dip in revenue and a sizable $270 million loss. Among factors the company blamed for its revenue miss was \"uncertainty related to the pending acquisition\" by Musk. The company also pointed to about $33 million in second-quarter costs related to the deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900354838,"gmtCreate":1658646332524,"gmtModify":1676536187229,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900354838","repostId":"2253092009","repostType":4,"repost":{"id":"2253092009","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1658625886,"share":"https://ttm.financial/m/news/2253092009?lang=&edition=fundamental","pubTime":"2022-07-24 09:24","market":"us","language":"en","title":"There Are Signs Inflation May Have Peaked, but Can It Come Down Fast Enough?","url":"https://stock-news.laohu8.com/highlight/detail?id=2253092009","media":"Dow Jones","summary":"Growing signs that price pressures are easing suggest that June's distressingly high 9.1% increase i","content":"<html><head></head><body><p>Growing signs that price pressures are easing suggest that June&#39;s distressingly high 9.1% increase in consumer prices will probably be the peak. But even if inflation indeed comes down, economists see a slow pace of decline.</p><p>Ed Hyman, chairman of Evercore ISI, pointed to many indicators that 9.1% might have been the top. Gasoline prices have fallen around 10% from their mid-June high point of $5.02 a gallon, according to AAA. Wheat futures prices have fallen by 37% since mid-May and corn futures prices are down 27% from mid-June. The cost of shipping goods from East Asia to the U.S. West Coast is 11.4% lower than a month ago, according to Xeneta, a Norway-based transportation-data and procurement firm.</p><p>Easing price pressures and improvements in backlogs and supplier delivery times in business surveys suggest that supply-chain snarls are unraveling. Mr. Hyman noted that money-supply growth has slowed sharply, evidence that monetary tightening is starting to bite.</p><p>Inflation expectations also fell recently -- an upbeat signal for the Fed, which believes that such expectations influence wage and price-setting behavior and thus actual inflation. The University of Michigan consumer-sentiment survey showed that longer-term inflation expectations slipped from June&#39;s 3.1% reading to 2.8% in late June and early July, matching the average rate during the 20 years before the pandemic.</p><p>Bond investors are less worried about inflation, based on the &#34;break-even inflation rate&#34; -- the difference between the yield on regular five-year Treasury bonds and on inflation-indexed bonds -- which has dropped to 2.67% from an all-time high of 3.59% hit in late March.</p><p>Inflation-based derivatives and bonds are projecting that the annual increase in the CPI will fall to 2.3% in just a year, around the Fed&#39;s 2% target (which uses a different price index), according to the Intercontinental Exchange. Roberto Perli, economist at Piper Sandler, calls such an outcome &#34;optimistic but not totally implausible.&#34; From February through early June, investors thought inflation would still be between 4% and 5% in a year.</p><p>&#34;It&#39;s a step in the right direction, but ultimately, even if June is the peak, we&#39;re still looking at an environment where inflation is too hot,&#34; said Sarah House, senior economist at Wells Fargo, who expects fourth-quarter inflation between 7.5% and 7.8%. &#34;So peak or not, inflation is going to remain painful through the end of the year.&#34;</p><p>And the slower it is to ebb, the larger the likelihood of a damaging downturn, said Brett Ryan, senior U.S. economist at Deutsche Bank.</p><p>Core inflation, which strips out volatile food and energy prices and is considered a better measure of inflation trends, was 5.9% in June, down from a peak of 6.5% in March. But Ms. House and Mr. Ryan both expect core inflation to revive and peak sometime around September, as strong price growth for housing and other services combines with low base comparisons in the 12-month calculation.</p><p>&#34;The more persistent inflation pressures, the higher the Federal Reserve needs [interest rates] to go to address them,&#34; said Mr. Ryan. &#34;That argues for a larger recession risk.&#34;</p><p>Fed Chairman Jerome Powell has said the central bank wants to see clear and convincing evidence that price pressures are subsiding before slowing or suspending rate increases.</p><p>&#34;The moment of truth comes at the end of this year,&#34; said Mr. Hyman. &#34;If the Fed keeps on raising rates, then they&#39;d invert the yield curve. I think that would increase the odds of recession enormously. It would probably also lower inflation, although it also seems to already be slowing, and will probably be even slower by then.&#34;</p><p>Aichi Amemiya, U.S. economist at Nomura, said that though it is too early to call it, his forecast sees June as the peak for the annual measure of overall inflation. However, the month-over-month change in core CPI will be key to watch in coming months, he said. If it slows from June&#39;s pace of 0.7% to 0.3% on a sustained basis by year-end, he expects the Fed to start planning to ease up on rate increases. That, however, will be hard to achieve, said Mr. Amemiya, &#34;which means the Fed will likely continue tightening even after the economy enters a recession.&#34;</p><p>Around the turn of the year, economists were generally confident that inflation would peak in early 2022, as energy prices stabilized and supply-chain pressures eased. Then Russia invaded Ukraine, and energy prices soared. Buzz about  &#34;the peak&#34; crescendoed again when inflation slid to an 8.3% annual rate in April, from 8.5% in March. But gasoline prices flared up again, and gains in food and rent picked up, too.</p><p>There is plenty of potential for another reversal in coming months, said Ms. House.</p><p>&#34;When we look at ongoing core inflation pressures, it wouldn&#39;t take much in the way of a commodities price shock for us to reach another high,&#34; she said, adding that possible examples include an escalation of the Russia-Ukraine conflict, a hurricane that shuts down an oil refinery, or an outage at a key semiconductor or auto plant. &#34;We all hope we&#39;re at the peak. But hope is not really an inflation strategy right now.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>There Are Signs Inflation May Have Peaked, but Can It Come Down Fast Enough?</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\">\nThere Are Signs Inflation May Have Peaked, but Can It Come Down Fast Enough?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-24 09:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Growing signs that price pressures are easing suggest that June&#39;s distressingly high 9.1% increase in consumer prices will probably be the peak. But even if inflation indeed comes down, economists see a slow pace of decline.</p><p>Ed Hyman, chairman of Evercore ISI, pointed to many indicators that 9.1% might have been the top. Gasoline prices have fallen around 10% from their mid-June high point of $5.02 a gallon, according to AAA. Wheat futures prices have fallen by 37% since mid-May and corn futures prices are down 27% from mid-June. The cost of shipping goods from East Asia to the U.S. West Coast is 11.4% lower than a month ago, according to Xeneta, a Norway-based transportation-data and procurement firm.</p><p>Easing price pressures and improvements in backlogs and supplier delivery times in business surveys suggest that supply-chain snarls are unraveling. Mr. Hyman noted that money-supply growth has slowed sharply, evidence that monetary tightening is starting to bite.</p><p>Inflation expectations also fell recently -- an upbeat signal for the Fed, which believes that such expectations influence wage and price-setting behavior and thus actual inflation. The University of Michigan consumer-sentiment survey showed that longer-term inflation expectations slipped from June&#39;s 3.1% reading to 2.8% in late June and early July, matching the average rate during the 20 years before the pandemic.</p><p>Bond investors are less worried about inflation, based on the &#34;break-even inflation rate&#34; -- the difference between the yield on regular five-year Treasury bonds and on inflation-indexed bonds -- which has dropped to 2.67% from an all-time high of 3.59% hit in late March.</p><p>Inflation-based derivatives and bonds are projecting that the annual increase in the CPI will fall to 2.3% in just a year, around the Fed&#39;s 2% target (which uses a different price index), according to the Intercontinental Exchange. Roberto Perli, economist at Piper Sandler, calls such an outcome &#34;optimistic but not totally implausible.&#34; From February through early June, investors thought inflation would still be between 4% and 5% in a year.</p><p>&#34;It&#39;s a step in the right direction, but ultimately, even if June is the peak, we&#39;re still looking at an environment where inflation is too hot,&#34; said Sarah House, senior economist at Wells Fargo, who expects fourth-quarter inflation between 7.5% and 7.8%. &#34;So peak or not, inflation is going to remain painful through the end of the year.&#34;</p><p>And the slower it is to ebb, the larger the likelihood of a damaging downturn, said Brett Ryan, senior U.S. economist at Deutsche Bank.</p><p>Core inflation, which strips out volatile food and energy prices and is considered a better measure of inflation trends, was 5.9% in June, down from a peak of 6.5% in March. But Ms. House and Mr. Ryan both expect core inflation to revive and peak sometime around September, as strong price growth for housing and other services combines with low base comparisons in the 12-month calculation.</p><p>&#34;The more persistent inflation pressures, the higher the Federal Reserve needs [interest rates] to go to address them,&#34; said Mr. Ryan. &#34;That argues for a larger recession risk.&#34;</p><p>Fed Chairman Jerome Powell has said the central bank wants to see clear and convincing evidence that price pressures are subsiding before slowing or suspending rate increases.</p><p>&#34;The moment of truth comes at the end of this year,&#34; said Mr. Hyman. &#34;If the Fed keeps on raising rates, then they&#39;d invert the yield curve. I think that would increase the odds of recession enormously. It would probably also lower inflation, although it also seems to already be slowing, and will probably be even slower by then.&#34;</p><p>Aichi Amemiya, U.S. economist at Nomura, said that though it is too early to call it, his forecast sees June as the peak for the annual measure of overall inflation. However, the month-over-month change in core CPI will be key to watch in coming months, he said. If it slows from June&#39;s pace of 0.7% to 0.3% on a sustained basis by year-end, he expects the Fed to start planning to ease up on rate increases. That, however, will be hard to achieve, said Mr. Amemiya, &#34;which means the Fed will likely continue tightening even after the economy enters a recession.&#34;</p><p>Around the turn of the year, economists were generally confident that inflation would peak in early 2022, as energy prices stabilized and supply-chain pressures eased. Then Russia invaded Ukraine, and energy prices soared. Buzz about  &#34;the peak&#34; crescendoed again when inflation slid to an 8.3% annual rate in April, from 8.5% in March. But gasoline prices flared up again, and gains in food and rent picked up, too.</p><p>There is plenty of potential for another reversal in coming months, said Ms. House.</p><p>&#34;When we look at ongoing core inflation pressures, it wouldn&#39;t take much in the way of a commodities price shock for us to reach another high,&#34; she said, adding that possible examples include an escalation of the Russia-Ukraine conflict, a hurricane that shuts down an oil refinery, or an outage at a key semiconductor or auto plant. &#34;We all hope we&#39;re at the peak. But hope is not really an inflation strategy right now.&#34;</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":"2253092009","content_text":"Growing signs that price pressures are easing suggest that June's distressingly high 9.1% increase in consumer prices will probably be the peak. But even if inflation indeed comes down, economists see a slow pace of decline.Ed Hyman, chairman of Evercore ISI, pointed to many indicators that 9.1% might have been the top. Gasoline prices have fallen around 10% from their mid-June high point of $5.02 a gallon, according to AAA. Wheat futures prices have fallen by 37% since mid-May and corn futures prices are down 27% from mid-June. The cost of shipping goods from East Asia to the U.S. West Coast is 11.4% lower than a month ago, according to Xeneta, a Norway-based transportation-data and procurement firm.Easing price pressures and improvements in backlogs and supplier delivery times in business surveys suggest that supply-chain snarls are unraveling. Mr. Hyman noted that money-supply growth has slowed sharply, evidence that monetary tightening is starting to bite.Inflation expectations also fell recently -- an upbeat signal for the Fed, which believes that such expectations influence wage and price-setting behavior and thus actual inflation. The University of Michigan consumer-sentiment survey showed that longer-term inflation expectations slipped from June's 3.1% reading to 2.8% in late June and early July, matching the average rate during the 20 years before the pandemic.Bond investors are less worried about inflation, based on the \"break-even inflation rate\" -- the difference between the yield on regular five-year Treasury bonds and on inflation-indexed bonds -- which has dropped to 2.67% from an all-time high of 3.59% hit in late March.Inflation-based derivatives and bonds are projecting that the annual increase in the CPI will fall to 2.3% in just a year, around the Fed's 2% target (which uses a different price index), according to the Intercontinental Exchange. Roberto Perli, economist at Piper Sandler, calls such an outcome \"optimistic but not totally implausible.\" From February through early June, investors thought inflation would still be between 4% and 5% in a year.\"It's a step in the right direction, but ultimately, even if June is the peak, we're still looking at an environment where inflation is too hot,\" said Sarah House, senior economist at Wells Fargo, who expects fourth-quarter inflation between 7.5% and 7.8%. \"So peak or not, inflation is going to remain painful through the end of the year.\"And the slower it is to ebb, the larger the likelihood of a damaging downturn, said Brett Ryan, senior U.S. economist at Deutsche Bank.Core inflation, which strips out volatile food and energy prices and is considered a better measure of inflation trends, was 5.9% in June, down from a peak of 6.5% in March. But Ms. House and Mr. Ryan both expect core inflation to revive and peak sometime around September, as strong price growth for housing and other services combines with low base comparisons in the 12-month calculation.\"The more persistent inflation pressures, the higher the Federal Reserve needs [interest rates] to go to address them,\" said Mr. Ryan. \"That argues for a larger recession risk.\"Fed Chairman Jerome Powell has said the central bank wants to see clear and convincing evidence that price pressures are subsiding before slowing or suspending rate increases.\"The moment of truth comes at the end of this year,\" said Mr. Hyman. \"If the Fed keeps on raising rates, then they'd invert the yield curve. I think that would increase the odds of recession enormously. It would probably also lower inflation, although it also seems to already be slowing, and will probably be even slower by then.\"Aichi Amemiya, U.S. economist at Nomura, said that though it is too early to call it, his forecast sees June as the peak for the annual measure of overall inflation. However, the month-over-month change in core CPI will be key to watch in coming months, he said. If it slows from June's pace of 0.7% to 0.3% on a sustained basis by year-end, he expects the Fed to start planning to ease up on rate increases. That, however, will be hard to achieve, said Mr. Amemiya, \"which means the Fed will likely continue tightening even after the economy enters a recession.\"Around the turn of the year, economists were generally confident that inflation would peak in early 2022, as energy prices stabilized and supply-chain pressures eased. Then Russia invaded Ukraine, and energy prices soared. Buzz about  \"the peak\" crescendoed again when inflation slid to an 8.3% annual rate in April, from 8.5% in March. But gasoline prices flared up again, and gains in food and rent picked up, too.There is plenty of potential for another reversal in coming months, said Ms. House.\"When we look at ongoing core inflation pressures, it wouldn't take much in the way of a commodities price shock for us to reach another high,\" she said, adding that possible examples include an escalation of the Russia-Ukraine conflict, a hurricane that shuts down an oil refinery, or an outage at a key semiconductor or auto plant. \"We all hope we're at the peak. But hope is not really an inflation strategy right now.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935515074,"gmtCreate":1663114049798,"gmtModify":1676537205232,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9935515074","repostId":"2267306615","repostType":4,"repost":{"id":"2267306615","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1663081294,"share":"https://ttm.financial/m/news/2267306615?lang=&edition=fundamental","pubTime":"2022-09-13 23:01","market":"us","language":"en","title":"Twitter Whistleblower Testifies in Congress Ahead of Shareholder Vote on Musk's Bid","url":"https://stock-news.laohu8.com/highlight/detail?id=2267306615","media":"Dow Jones","summary":"A whistleblower who leveled charges of widespread security failures at Twitter Inc. is testifying at","content":"<html><head></head><body><p>A whistleblower who leveled charges of widespread security failures at Twitter Inc. is testifying at a Senate hearing Tuesday, hours before shareholders are scheduled to finish voting on whether to approve Elon Musk&#39;s $44 billion takeover that the billionaire is trying to abandon.</p><p>Twitter shares slid 2% in morning trading.<img src=\"https://static.tigerbbs.com/28fe6193b8793e7dfd3807f8a2d9c0df\" tg-width=\"815\" tg-height=\"832\" width=\"100%\" height=\"auto\"/></p><p>Former Twitter security executive Peiter Zatko, who was fired by the company in January, told the Senate Judiciary Committee Tuesday that Twitter executives&#39; &#34;incentives led them to prioritize profits over security,&#34; echoing his whistleblower complaint.</p><p>Twitter has pushed back against his charges, and said he was making misleading statements. He has been called before the committee to provide more information on his assertions.</p><p>Democrats and Republicans have raised concerns about social-media companies in recent years over how they use and protect customer data. &#34;Twitter is an immensely powerful platform that cannot afford gaping security vulnerabilities,&#34; Sen. Dick Durbin, chairman of the Judiciary Committee and a Democrat from Illinois, said in opening remarks at the hearing.</p><p>&#34;The whistleblower disclosures paint a very disturbing picture of a company that&#39;s solely focused on profits at any expense, including at the expense of the safety and security of its users,&#34; Sen. Chuck Grassley, from Iowa and the committee&#39;s top Republican, said.</p><p>Mr. Grassley said Twitter Chief Executive Parag Agrawal declined to answer questions at the hearing, citing the ongoing litigation over Mr. Musk&#39;s takeover bid of the company. The Senator added the allegations raised questions about the CEO&#39;s leadership.</p><p>Twitter didn&#39;t immediately respond to a request for comment.</p><p>Mr. Zatko has become a factor in the legal drama unfolding over Mr. Musk&#39;s effort to walk away from the Twitter takeover. Twitter sued Mr. Musk in July over his attempt to renege on the deal. Mr. Musk filed a countersuit, accusing the company of misrepresenting the condition of its business and key metrics about the users on its platform.</p><p>Twitter has argued Mr. Musk got cold feet after market conditions deteriorated. Last week, Mr. Musk got court approval to amend his suit to include aspects of Mr. Zatko&#39;s assertions.</p><p>The case is being fought out in Delaware Chancery Court, with a five-day nonjury trial set to start Oct. 17.</p><p>Separately, Twitter is moving ahead with trying to secure investor buy-in for the takeover. The company has been asking shareholders to vote to back the deal. Voting should conclude during a special shareholder meeting due to kick off at 1 p.m. Eastern time.</p><p>Twitter shareholders are poised to approve the deal by a wide margin based on early voting, The Wall Street Journal first reported Monday.</p><p>Twitter needs investors representing a majority of shares to vote for the takeover offer of $54.20 per share. The company&#39;s stock closed at $41.41 Monday, valuing the business at around $32 billion.</p><p>If the judge were to force Mr. Musk to consummate the transaction, he could be on the hook for more than $33 billion in equity financing, according to a regulatory filing. The Tesla Inc. boss in August sold roughly $7 billion worth of the electric-vehicle maker&#39;s stock, according to regulatory disclosures, and suggested he did so in case he is forced to buy Twitter.</p><p>Mr. Zatko filed his complaint with the Securities and Exchange Commission, the Federal Trade Commission and the Justice Department, which are expected to investigate.</p><p>Mr. Zatko was hired by Twitter in 2020 after an embarrassing hack of some high-profile users&#39; accounts, including then-presidential candidate Joe Biden and former President Barack Obama, as well as Amazon.com Inc. founder Jeff Bezos and Mr. Musk.</p><p>Mr. Zatko said he was fired after clashing repeatedly with top executives over the depth of the company&#39;s security problems and appropriate solutions.</p><p>Twitter has said Mr. Zatko was fired &#34;for ineffective leadership and poor performance&#34; and that his whistleblower complaint &#34;is riddled with inconsistencies and inaccuracies and lacks important context.&#34;</p><p>Twitter has come under FTC scrutiny previously.</p><p>The agency in 2011 prohibited Twitter from &#34;misrepresenting the extent to which the company maintains and protects the security, privacy, confidentiality, or integrity of any nonpublic consumer information,&#34; according to an FTC summary.</p><p>The FTC and Justice Department said in May that Twitter had violated the 2011 order by collecting users&#39; personal information -- ostensibly for security reasons -- and using it to sell ads to them over the past decade or so. Twitter agreed to pay a $150 million civil penalty to resolve the claims.</p><p>At a recent company all-hands meeting, an executive told employees that Twitter is in full compliance with its FTC consent decree and that an external auditor reviews Twitter&#39;s compliance with the decree every two years, according to a spokesman.</p><p>--Sarah E. Needleman contributed to this article.</p><p>Write to Alexa Corse at alexa.corse@wsj.com and John D. McKinnon at john.mckinnon@wsj.com</p><p>(END) Dow Jones Newswires</p><p>September 13, 2022 10:42 ET (14:42 GMT)</p><p>Copyright (c) 2022 Dow Jones &amp; Company, Inc.</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>Twitter Whistleblower Testifies in Congress Ahead of Shareholder Vote on Musk's Bid</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\">\nTwitter Whistleblower Testifies in Congress Ahead of Shareholder Vote on Musk's Bid\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-13 23:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>A whistleblower who leveled charges of widespread security failures at Twitter Inc. is testifying at a Senate hearing Tuesday, hours before shareholders are scheduled to finish voting on whether to approve Elon Musk&#39;s $44 billion takeover that the billionaire is trying to abandon.</p><p>Twitter shares slid 2% in morning trading.<img src=\"https://static.tigerbbs.com/28fe6193b8793e7dfd3807f8a2d9c0df\" tg-width=\"815\" tg-height=\"832\" width=\"100%\" height=\"auto\"/></p><p>Former Twitter security executive Peiter Zatko, who was fired by the company in January, told the Senate Judiciary Committee Tuesday that Twitter executives&#39; &#34;incentives led them to prioritize profits over security,&#34; echoing his whistleblower complaint.</p><p>Twitter has pushed back against his charges, and said he was making misleading statements. He has been called before the committee to provide more information on his assertions.</p><p>Democrats and Republicans have raised concerns about social-media companies in recent years over how they use and protect customer data. &#34;Twitter is an immensely powerful platform that cannot afford gaping security vulnerabilities,&#34; Sen. Dick Durbin, chairman of the Judiciary Committee and a Democrat from Illinois, said in opening remarks at the hearing.</p><p>&#34;The whistleblower disclosures paint a very disturbing picture of a company that&#39;s solely focused on profits at any expense, including at the expense of the safety and security of its users,&#34; Sen. Chuck Grassley, from Iowa and the committee&#39;s top Republican, said.</p><p>Mr. Grassley said Twitter Chief Executive Parag Agrawal declined to answer questions at the hearing, citing the ongoing litigation over Mr. Musk&#39;s takeover bid of the company. The Senator added the allegations raised questions about the CEO&#39;s leadership.</p><p>Twitter didn&#39;t immediately respond to a request for comment.</p><p>Mr. Zatko has become a factor in the legal drama unfolding over Mr. Musk&#39;s effort to walk away from the Twitter takeover. Twitter sued Mr. Musk in July over his attempt to renege on the deal. Mr. Musk filed a countersuit, accusing the company of misrepresenting the condition of its business and key metrics about the users on its platform.</p><p>Twitter has argued Mr. Musk got cold feet after market conditions deteriorated. Last week, Mr. Musk got court approval to amend his suit to include aspects of Mr. Zatko&#39;s assertions.</p><p>The case is being fought out in Delaware Chancery Court, with a five-day nonjury trial set to start Oct. 17.</p><p>Separately, Twitter is moving ahead with trying to secure investor buy-in for the takeover. The company has been asking shareholders to vote to back the deal. Voting should conclude during a special shareholder meeting due to kick off at 1 p.m. Eastern time.</p><p>Twitter shareholders are poised to approve the deal by a wide margin based on early voting, The Wall Street Journal first reported Monday.</p><p>Twitter needs investors representing a majority of shares to vote for the takeover offer of $54.20 per share. The company&#39;s stock closed at $41.41 Monday, valuing the business at around $32 billion.</p><p>If the judge were to force Mr. Musk to consummate the transaction, he could be on the hook for more than $33 billion in equity financing, according to a regulatory filing. The Tesla Inc. boss in August sold roughly $7 billion worth of the electric-vehicle maker&#39;s stock, according to regulatory disclosures, and suggested he did so in case he is forced to buy Twitter.</p><p>Mr. Zatko filed his complaint with the Securities and Exchange Commission, the Federal Trade Commission and the Justice Department, which are expected to investigate.</p><p>Mr. Zatko was hired by Twitter in 2020 after an embarrassing hack of some high-profile users&#39; accounts, including then-presidential candidate Joe Biden and former President Barack Obama, as well as Amazon.com Inc. founder Jeff Bezos and Mr. Musk.</p><p>Mr. Zatko said he was fired after clashing repeatedly with top executives over the depth of the company&#39;s security problems and appropriate solutions.</p><p>Twitter has said Mr. Zatko was fired &#34;for ineffective leadership and poor performance&#34; and that his whistleblower complaint &#34;is riddled with inconsistencies and inaccuracies and lacks important context.&#34;</p><p>Twitter has come under FTC scrutiny previously.</p><p>The agency in 2011 prohibited Twitter from &#34;misrepresenting the extent to which the company maintains and protects the security, privacy, confidentiality, or integrity of any nonpublic consumer information,&#34; according to an FTC summary.</p><p>The FTC and Justice Department said in May that Twitter had violated the 2011 order by collecting users&#39; personal information -- ostensibly for security reasons -- and using it to sell ads to them over the past decade or so. Twitter agreed to pay a $150 million civil penalty to resolve the claims.</p><p>At a recent company all-hands meeting, an executive told employees that Twitter is in full compliance with its FTC consent decree and that an external auditor reviews Twitter&#39;s compliance with the decree every two years, according to a spokesman.</p><p>--Sarah E. Needleman contributed to this article.</p><p>Write to Alexa Corse at alexa.corse@wsj.com and John D. McKinnon at john.mckinnon@wsj.com</p><p>(END) Dow Jones Newswires</p><p>September 13, 2022 10:42 ET (14:42 GMT)</p><p>Copyright (c) 2022 Dow Jones &amp; Company, Inc.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4527":"明星科技股","BK4077":"互动媒体与服务","BK4534":"瑞士信贷持仓","BK4581":"高盛持仓","BK4550":"红杉资本持仓","BK4555":"新能源车","QNETCN":"纳斯达克中美互联网老虎指数","BK4516":"特朗普概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4579":"人工智能","TSLA":"特斯拉","TWTR":"Twitter","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4551":"寇图资本持仓","BK4574":"无人驾驶","BK4548":"巴美列捷福持仓","BK4508":"社交媒体"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267306615","content_text":"A whistleblower who leveled charges of widespread security failures at Twitter Inc. is testifying at a Senate hearing Tuesday, hours before shareholders are scheduled to finish voting on whether to approve Elon Musk's $44 billion takeover that the billionaire is trying to abandon.Twitter shares slid 2% in morning trading.Former Twitter security executive Peiter Zatko, who was fired by the company in January, told the Senate Judiciary Committee Tuesday that Twitter executives' \"incentives led them to prioritize profits over security,\" echoing his whistleblower complaint.Twitter has pushed back against his charges, and said he was making misleading statements. He has been called before the committee to provide more information on his assertions.Democrats and Republicans have raised concerns about social-media companies in recent years over how they use and protect customer data. \"Twitter is an immensely powerful platform that cannot afford gaping security vulnerabilities,\" Sen. Dick Durbin, chairman of the Judiciary Committee and a Democrat from Illinois, said in opening remarks at the hearing.\"The whistleblower disclosures paint a very disturbing picture of a company that's solely focused on profits at any expense, including at the expense of the safety and security of its users,\" Sen. Chuck Grassley, from Iowa and the committee's top Republican, said.Mr. Grassley said Twitter Chief Executive Parag Agrawal declined to answer questions at the hearing, citing the ongoing litigation over Mr. Musk's takeover bid of the company. The Senator added the allegations raised questions about the CEO's leadership.Twitter didn't immediately respond to a request for comment.Mr. Zatko has become a factor in the legal drama unfolding over Mr. Musk's effort to walk away from the Twitter takeover. Twitter sued Mr. Musk in July over his attempt to renege on the deal. Mr. Musk filed a countersuit, accusing the company of misrepresenting the condition of its business and key metrics about the users on its platform.Twitter has argued Mr. Musk got cold feet after market conditions deteriorated. Last week, Mr. Musk got court approval to amend his suit to include aspects of Mr. Zatko's assertions.The case is being fought out in Delaware Chancery Court, with a five-day nonjury trial set to start Oct. 17.Separately, Twitter is moving ahead with trying to secure investor buy-in for the takeover. The company has been asking shareholders to vote to back the deal. Voting should conclude during a special shareholder meeting due to kick off at 1 p.m. Eastern time.Twitter shareholders are poised to approve the deal by a wide margin based on early voting, The Wall Street Journal first reported Monday.Twitter needs investors representing a majority of shares to vote for the takeover offer of $54.20 per share. The company's stock closed at $41.41 Monday, valuing the business at around $32 billion.If the judge were to force Mr. Musk to consummate the transaction, he could be on the hook for more than $33 billion in equity financing, according to a regulatory filing. The Tesla Inc. boss in August sold roughly $7 billion worth of the electric-vehicle maker's stock, according to regulatory disclosures, and suggested he did so in case he is forced to buy Twitter.Mr. Zatko filed his complaint with the Securities and Exchange Commission, the Federal Trade Commission and the Justice Department, which are expected to investigate.Mr. Zatko was hired by Twitter in 2020 after an embarrassing hack of some high-profile users' accounts, including then-presidential candidate Joe Biden and former President Barack Obama, as well as Amazon.com Inc. founder Jeff Bezos and Mr. Musk.Mr. Zatko said he was fired after clashing repeatedly with top executives over the depth of the company's security problems and appropriate solutions.Twitter has said Mr. Zatko was fired \"for ineffective leadership and poor performance\" and that his whistleblower complaint \"is riddled with inconsistencies and inaccuracies and lacks important context.\"Twitter has come under FTC scrutiny previously.The agency in 2011 prohibited Twitter from \"misrepresenting the extent to which the company maintains and protects the security, privacy, confidentiality, or integrity of any nonpublic consumer information,\" according to an FTC summary.The FTC and Justice Department said in May that Twitter had violated the 2011 order by collecting users' personal information -- ostensibly for security reasons -- and using it to sell ads to them over the past decade or so. Twitter agreed to pay a $150 million civil penalty to resolve the claims.At a recent company all-hands meeting, an executive told employees that Twitter is in full compliance with its FTC consent decree and that an external auditor reviews Twitter's compliance with the decree every two years, according to a spokesman.--Sarah E. Needleman contributed to this article.Write to Alexa Corse at alexa.corse@wsj.com and John D. McKinnon at john.mckinnon@wsj.com(END) Dow Jones NewswiresSeptember 13, 2022 10:42 ET (14:42 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935518891,"gmtCreate":1663113939514,"gmtModify":1676537205161,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935518891","repostId":"2267566989","repostType":4,"repost":{"id":"2267566989","kind":"highlight","pubTimestamp":1663112248,"share":"https://ttm.financial/m/news/2267566989?lang=&edition=fundamental","pubTime":"2022-09-14 07:37","market":"us","language":"en","title":"Twitter Wins 98.6% Shareholder Approval of Musk Deal Among Votes Cast","url":"https://stock-news.laohu8.com/highlight/detail?id=2267566989","media":"seekingalpha","summary":"Twitter  says that its $44B deal to be acquired by Elon Musk passed shareholder approval overwhelmin","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TWTR\">Twitter </a> says that its $44B deal to be acquired by Elon Musk passed shareholder approval overwhelmingly, with about 98.6% of votes cast in its favor.</p><p>That satisfies the final condition precedent to closing the deal, the company says (notwithstanding the legal case playing out in Delaware as Musk tries to exit the commitment).</p><p>&#34;Twitter stands ready and willing to complete the merger with affiliates of Mr. Musk immediately, and in any event, no later than on September 15, 2022, the second business day following the satisfaction of all conditions precedent, which is the timeline required by the merger agreement,&#34; the company says.</p><p>Musk of course has delivered multiple notices purporting to terminate the merger deal, and Twitter believes those are &#34;invalid and without merit, and that the Musk parties continue to be bound by the merger agreement and obligated to complete the merger on the agreed terms and conditions.&#34;</p><p>It&#39;s sued in Delaware Court of Chancery to complete the deal and &#34;remains committed to doing so on the price and terms agreed upon with Mr. Musk.&#34;</p><p>Saudi Prince al-Waleed bin Talal - who previously had agreed to roll his near-5% stake into the deal to help Musk with financing - voted that stake in favor of the buyout, the <i>WSJ </i>reported.</p><p>The fact that the merger passed muster was announced earlier at the company&#39;s special shareholder meeting. Also earlier, the Senate Judiciary Committee heard testimony on data security from Twitter whistleblower Peiter &#34;Mudge&#34; Zatko, though little of that concerned spam/bots or the deal.</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>Twitter Wins 98.6% Shareholder Approval of Musk Deal Among Votes Cast</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\">\nTwitter Wins 98.6% Shareholder Approval of Musk Deal Among Votes Cast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-14 07:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3882517-twitter-wins-986-approval-of-musk-deal-among-votes-cast><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter  says that its $44B deal to be acquired by Elon Musk passed shareholder approval overwhelmingly, with about 98.6% of votes cast in its favor.That satisfies the final condition precedent to ...</p>\n\n<a href=\"https://seekingalpha.com/news/3882517-twitter-wins-986-approval-of-musk-deal-among-votes-cast\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/news/3882517-twitter-wins-986-approval-of-musk-deal-among-votes-cast","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2267566989","content_text":"Twitter  says that its $44B deal to be acquired by Elon Musk passed shareholder approval overwhelmingly, with about 98.6% of votes cast in its favor.That satisfies the final condition precedent to closing the deal, the company says (notwithstanding the legal case playing out in Delaware as Musk tries to exit the commitment).\"Twitter stands ready and willing to complete the merger with affiliates of Mr. Musk immediately, and in any event, no later than on September 15, 2022, the second business day following the satisfaction of all conditions precedent, which is the timeline required by the merger agreement,\" the company says.Musk of course has delivered multiple notices purporting to terminate the merger deal, and Twitter believes those are \"invalid and without merit, and that the Musk parties continue to be bound by the merger agreement and obligated to complete the merger on the agreed terms and conditions.\"It's sued in Delaware Court of Chancery to complete the deal and \"remains committed to doing so on the price and terms agreed upon with Mr. Musk.\"Saudi Prince al-Waleed bin Talal - who previously had agreed to roll his near-5% stake into the deal to help Musk with financing - voted that stake in favor of the buyout, the WSJ reported.The fact that the merger passed muster was announced earlier at the company's special shareholder meeting. Also earlier, the Senate Judiciary Committee heard testimony on data security from Twitter whistleblower Peiter \"Mudge\" Zatko, though little of that concerned spam/bots or the deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935518408,"gmtCreate":1663113956305,"gmtModify":1676537205177,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935518408","repostId":"2267850566","repostType":4,"repost":{"id":"2267850566","kind":"highlight","pubTimestamp":1663111803,"share":"https://ttm.financial/m/news/2267850566?lang=&edition=fundamental","pubTime":"2022-09-14 07:30","market":"us","language":"en","title":"After-Hours Movers: Starbucks, Flowserve, Conformis And More","url":"https://stock-news.laohu8.com/highlight/detail?id=2267850566","media":"StreetInsider","summary":"After-Hours Stock Movers:Conformis, Inc.  9% HIGHER; announced that it has received 510(k) clearance","content":"<html><head></head><body><p><b>After-Hours Stock Movers:</b></p><p><a href=\"https://laohu8.com/S/CFMS\">Conformis, Inc. </a> 9% HIGHER; announced that it has received 510(k) clearance from the U.S. Food and Drug Administration for the Companys Actera Hip System.</p><p><a href=\"https://laohu8.com/S/PNT\">POINT Biopharma Global Inc. </a> 8% LOWER; announced that it has commenced an underwritten public offering of its common stock.</p><p><a href=\"https://laohu8.com/S/SBUX\">Starbucks </a> 3% HIGHER; sees 15-20% adjusted EPS growth in FY23-FY25</p><p><a href=\"https://laohu8.com/S/FLS\">Flowserve Corporation </a> 2% LOWER; said per events are expected to negatively impact our reported and adjusted EPS by 18 to 22 cents in the 2022 third quarter.</p><p><a href=\"https://laohu8.com/S/AKRO\">Akero Therapeutics, Inc. </a> 1% LOWER; commenced an underwritten public offering of $175.0 million of shares of its common stock.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After-Hours Movers: Starbucks, Flowserve, Conformis And More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter-Hours Movers: Starbucks, Flowserve, Conformis And More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-14 07:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20581805><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock Movers:Conformis, Inc.  9% HIGHER; announced that it has received 510(k) clearance from the U.S. Food and Drug Administration for the Companys Actera Hip System.POINT Biopharma ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20581805\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CFMS":"ConforMIS, Inc.","PNT":"POINT BIOPHARMA GLOBAL INC","SBUX":"星巴克"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20581805","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267850566","content_text":"After-Hours Stock Movers:Conformis, Inc.  9% HIGHER; announced that it has received 510(k) clearance from the U.S. Food and Drug Administration for the Companys Actera Hip System.POINT Biopharma Global Inc.  8% LOWER; announced that it has commenced an underwritten public offering of its common stock.Starbucks  3% HIGHER; sees 15-20% adjusted EPS growth in FY23-FY25Flowserve Corporation  2% LOWER; said per events are expected to negatively impact our reported and adjusted EPS by 18 to 22 cents in the 2022 third quarter.Akero Therapeutics, Inc.  1% LOWER; commenced an underwritten public offering of $175.0 million of shares of its common stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900357001,"gmtCreate":1658646376203,"gmtModify":1676536187246,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"themes":[],"htmlText":"Waiting for more good news","listText":"Waiting for more good news","text":"Waiting for more good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900357001","repostId":"2253111140","repostType":4,"repost":{"id":"2253111140","kind":"highlight","pubTimestamp":1658625038,"share":"https://ttm.financial/m/news/2253111140?lang=&edition=fundamental","pubTime":"2022-07-24 09:10","market":"us","language":"en","title":"Tech Roundup: Earnings Results Show Mixed Messages Across the Industry","url":"https://stock-news.laohu8.com/highlight/detail?id=2253111140","media":"seekingalpha","summary":"The latest earnings season kicked into gear this week, with a little something for everyone as the l","content":"<html><head></head><body><p>The latest earnings season kicked into gear this week, with a little something for everyone as the likes of <a href=\"https://laohu8.com/S/IBM\">IBM</a>, <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> and even <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> gave a look at how the various areas of the tech sector have been performing of late.</p><p><a href=\"https://laohu8.com/S/IBM\">IBM</a> got things going with its second-quarter report on Monday. And while Big Blue delivered better-than-expected earnings and revenue, it was the company&#39;s cash-flow outlook that raised investors&#39; concerns. By the time U.S. markets closed on Friday, IBM (IBM) shares had fallen almost 9% during the week.</p><p>After IBM (IBM), it was Netflix&#39;s (NFLX) turn to try to get into the good graces of Wall Street following months of speculation about the streaming TV leader&#39;s subscriber numbers. And, Netflix (NFLX) did say it lost 970,000 subscribers during the second quarter of the year, but...Compared to what had been expectations for a loss of 2M subscribers, Netflix (NFLX) was able to call its latest quarterly results a success.</p><p>And for his part, <a href=\"https://laohu8.com/S/NFLX\">Netflix</a>&#39;s Co-Chief Executive, Reed Hastings said there was &#34;one single thing&#34; that could be pointed to that helped with the company&#39;s better-than-expected subscriber numbers.</p><p>Meanwhile, prior to Netflix&#39;s (NFLX) results, the company outlined details about methods to monetize passwords that its members share with friends and family outside their homes. Netflix (NFLX) said the new fees will be rolled out in five Latin and South American countries, but didn&#39;t give any details about if of when the program will be expanded to other areas.</p><p>Netflix&#39;s (NFLX) results also gave a boost to other companies in the streaming TV industry such as <a href=\"https://laohu8.com/S/ROKU\">Roku</a>, <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> and the <a href=\"https://laohu8.com/S/DIS\">Walt Disney Co.</a>.</p><p>AT&amp;T (T) had a rough go of it, as, like IBM (IBM), positive sentiment about the telecom giant&#39;s quarterly results was tempered by the company cutting its cash-flow forecast.</p><p><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> had another busy week, as a judge in Delaware ruled in favor of the company by setting an October trial date for its suit against presumptive buyer Elon Musk. Twitter (TWTR) is seeking to force Musk to go through with his $44B acquisition of the social-media giant.</p><p>And at the end of the week, Twitter (TWTR) said it was issues related to Musk, and the online advertising industry, that caused its second-quarter results to fall shy of expectations.</p><p>Verizon (VZ) shares fell to a five-year-low on Friday after it reported disappointing mobile-phone subscriber numbers and gave an outlook that effectively foresees no noticeable growth ahead.</p><p>And Snap (SNAP)...Oh, Snap (SNAP), what went wrong?</p><p>The company&#39;s shares fell more than 39% on Friday after its quarterly results and forecast suggested more weakness ahead in the market for online advertising, which accounts for nearly all of Snap&#39;s (SNAP) revenue.</p><p>But, all that dust will barely have settled by the time Monday rolls around and even more big-name tech leaders get into the earnings reporting game.</p><p><a href=\"https://laohu8.com/S/INTC\">Intel </a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft </a>, <a href=\"https://laohu8.com/S/AAPL\">Apple</a>, Facebook&#39;s <a href=\"https://laohu8.com/S/META\">Meta</a> and Google parent Alphabet (GOOG) (GOOGL) are all on the dock and will get investors&#39; attention with their quarterly reports next week.</p><p><a href=\"https://laohu8.com/S/INTC\">Intel </a> may find the going rough, as Deutsche Bank cut its estimates on the chip giant due to expected weakness in the PC market. Wall Street will look at signs that Apple (AAPL) is seeing growth in areas such as services and its biggest sales source, the iPhone. Meanwhile, <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> trimmed its estimates earlier in the quarter, and some analysts have said the software giant may seen some impact on its results from the growing strength in the U.S. dollar.</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>Tech Roundup: Earnings Results Show Mixed Messages Across the Industry</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\">\nTech Roundup: Earnings Results Show Mixed Messages Across the Industry\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-24 09:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3859797-tech-roundup-earnings-results-show-mixed-messages-across-the-industry><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The latest earnings season kicked into gear this week, with a little something for everyone as the likes of IBM, Netflix and even Twitter gave a look at how the various areas of the tech sector have ...</p>\n\n<a href=\"https://seekingalpha.com/news/3859797-tech-roundup-earnings-results-show-mixed-messages-across-the-industry\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔","MSFT":"微软","IBM":"IBM","AAPL":"苹果","TWTR":"Twitter","NFLX":"奈飞","SNAP":"Snap Inc","T":"美国电话电报"},"source_url":"https://seekingalpha.com/news/3859797-tech-roundup-earnings-results-show-mixed-messages-across-the-industry","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2253111140","content_text":"The latest earnings season kicked into gear this week, with a little something for everyone as the likes of IBM, Netflix and even Twitter gave a look at how the various areas of the tech sector have been performing of late.IBM got things going with its second-quarter report on Monday. And while Big Blue delivered better-than-expected earnings and revenue, it was the company's cash-flow outlook that raised investors' concerns. By the time U.S. markets closed on Friday, IBM (IBM) shares had fallen almost 9% during the week.After IBM (IBM), it was Netflix's (NFLX) turn to try to get into the good graces of Wall Street following months of speculation about the streaming TV leader's subscriber numbers. And, Netflix (NFLX) did say it lost 970,000 subscribers during the second quarter of the year, but...Compared to what had been expectations for a loss of 2M subscribers, Netflix (NFLX) was able to call its latest quarterly results a success.And for his part, Netflix's Co-Chief Executive, Reed Hastings said there was \"one single thing\" that could be pointed to that helped with the company's better-than-expected subscriber numbers.Meanwhile, prior to Netflix's (NFLX) results, the company outlined details about methods to monetize passwords that its members share with friends and family outside their homes. Netflix (NFLX) said the new fees will be rolled out in five Latin and South American countries, but didn't give any details about if of when the program will be expanded to other areas.Netflix's (NFLX) results also gave a boost to other companies in the streaming TV industry such as Roku, Paramount Global and the Walt Disney Co..AT&T (T) had a rough go of it, as, like IBM (IBM), positive sentiment about the telecom giant's quarterly results was tempered by the company cutting its cash-flow forecast.Twitter had another busy week, as a judge in Delaware ruled in favor of the company by setting an October trial date for its suit against presumptive buyer Elon Musk. Twitter (TWTR) is seeking to force Musk to go through with his $44B acquisition of the social-media giant.And at the end of the week, Twitter (TWTR) said it was issues related to Musk, and the online advertising industry, that caused its second-quarter results to fall shy of expectations.Verizon (VZ) shares fell to a five-year-low on Friday after it reported disappointing mobile-phone subscriber numbers and gave an outlook that effectively foresees no noticeable growth ahead.And Snap (SNAP)...Oh, Snap (SNAP), what went wrong?The company's shares fell more than 39% on Friday after its quarterly results and forecast suggested more weakness ahead in the market for online advertising, which accounts for nearly all of Snap's (SNAP) revenue.But, all that dust will barely have settled by the time Monday rolls around and even more big-name tech leaders get into the earnings reporting game.Intel , Microsoft , Apple, Facebook's Meta and Google parent Alphabet (GOOG) (GOOGL) are all on the dock and will get investors' attention with their quarterly reports next week.Intel  may find the going rough, as Deutsche Bank cut its estimates on the chip giant due to expected weakness in the PC market. Wall Street will look at signs that Apple (AAPL) is seeing growth in areas such as services and its biggest sales source, the iPhone. Meanwhile, Microsoft trimmed its estimates earlier in the quarter, and some analysts have said the software giant may seen some impact on its results from the growing strength in the U.S. dollar.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935512286,"gmtCreate":1663114038545,"gmtModify":1676537205223,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935512286","repostId":"1198162643","repostType":4,"repost":{"id":"1198162643","kind":"news","pubTimestamp":1663082497,"share":"https://ttm.financial/m/news/1198162643?lang=&edition=fundamental","pubTime":"2022-09-13 23:21","market":"us","language":"en","title":"Honda Considers Listing for Electric-Motorcycle Business","url":"https://stock-news.laohu8.com/highlight/detail?id=1198162643","media":"the wall street journal","summary":"TOKYO—Honda Motor Co., the world’s top maker of motorcycles by market share, is considering a separa","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/f5b20fe39f3ea8c9f361a0a5927bb59f\" tg-width=\"860\" tg-height=\"573\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>TOKYO—Honda Motor Co., the world’s top maker of motorcycles by market share, is considering a separate stock-market listing for itselectric two-wheeler business, a move it says could help accelerate its push into the market.</p><p>Honda said Tuesday it was aiming to roll out 10 or more electric motorcycle models globally by 2025 and sell 3.5 million of the vehicles a year by 2030. That would represent 15% of its total sales in the category, up from less than 1% today.</p><p>Honda Managing Officer Yoshishige Nomura said the company was looking at whether to separate the electric two-wheeler business into a new unit and list some shares of that business on a stock exchange. He said consideration of the pluses and minuses was still at an early stage.</p><p>“If changing up the internal organization of the company is determined to have the potential to create greater movement toward electrification, it’d be a good move,” Mr. Nomura said. He said that for now, Honda didn’t need an external cash injection to finance its push into electric motorcycles.</p><p>Since it first began selling motorcycles in 1949, Honda has manufactured more of the vehicles than any other company thanks in part to its strength in internal combustion engine technology.</p><p>It remains a profitable business for the company, with margins well above what it earns on cars. Motorcycles accounted for nearly half of Honda’s operating profit in the April-to-June quarter when auto sales struggled because of parts shortages.</p><p>But some rivals inbig markets such as Indiahave gotten ahead of Honda in introducing motorcycles and electric bikes driven by batteries. Just as legacy car makers have yielded market share to all-electric newcomers such asTeslaInc., Honda faces the risk of falling behind technology shifts.</p><p>Honda’s U.S. rival,Harley-DavidsonInc., said in December it wouldpursue a separate stock listingof its electric arm, LiveWire, via a blank-check merger. The deal is expected to close this month after being delayed by market turmoil.</p><p>In 2020, Honda claimed around a fifth of the share of the global motorcycle market, according to market researcher Deallab, followed byYamaha MotorCo. with 10.4% and Harley-Davidson with 4.4%.</p><p>In general, electrification of the world’s motorcycle fleet is moving more slowly than the shift to electric cars, in part because some of the biggest markets are developing nations like India where advanced recharging equipment is scarce.</p><p>Rahul Mehta, founder and CEO of Bikers Club Network based in Mumbai, said it generally took eight to 10 hours to charge the battery of an electric motorcycle after riding it for around 45 to 60 miles.</p><p>Electric motorcycles are “eco-friendly and they are definitely the future, but right now it’s the infrastructure,” he said.</p><p>Under Honda’s road map, 85% of its total two-wheeler sales in 2030 would still come from nonelectric vehicles, a slower transition than it plans for cars. The company says it will be fully carbon-neutral by 2050.</p><p>The challenges in turning electric cars into a mainstream product are compounded for motorcycles, according to Mr. Nomura. The smaller vehicles can’t easily be fit with bulky batteries to give them long driving range, and even a small amount of extra cost may push a motorcycle out of the range developing-nation consumers can afford.</p><p>Much of the fight for the future of motorcycles is taking place in India, the world’s biggest market for two-wheelers. India made up roughly a quarter of Honda’s total two-wheeler unit sales for the recent April-to-June period and the company believes it has high growth potential, said Mr. Nomura.</p><p>In the year ended in March, 231,338 electrified motorcycles and scooters were sold in India, according to India’s Federation of Automobile Dealers Associations, a nearly sixfold increase from the previous year. That was still only about 2% of overall motorcycle and scooter sales.</p><p>Upstarts are angling to use electrification to reverse Honda’s advantage. Indian manufacturer Hero Electric Vehicles Pvt. Ltd. currently leads the electric two-wheeler market in India, with more than a quarter of the market.</p><p>“We want to be able to compete as quickly as possible” in India, Mr. Nomura said. Honda said it planned to introduce five electric moped or electric bike models in Asia between this year and 2024.</p><p></p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Honda Considers Listing for Electric-Motorcycle Business</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\">\nHonda Considers Listing for Electric-Motorcycle Business\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-13 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/honda-considers-listing-for-electric-motorcycle-business-11663081257?mod=hp_lista_pos4><strong>the wall street journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO—Honda Motor Co., the world’s top maker of motorcycles by market share, is considering a separate stock-market listing for itselectric two-wheeler business, a move it says could help accelerate ...</p>\n\n<a href=\"https://www.wsj.com/articles/honda-considers-listing-for-electric-motorcycle-business-11663081257?mod=hp_lista_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HMC":"本田汽车"},"source_url":"https://www.wsj.com/articles/honda-considers-listing-for-electric-motorcycle-business-11663081257?mod=hp_lista_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198162643","content_text":"TOKYO—Honda Motor Co., the world’s top maker of motorcycles by market share, is considering a separate stock-market listing for itselectric two-wheeler business, a move it says could help accelerate its push into the market.Honda said Tuesday it was aiming to roll out 10 or more electric motorcycle models globally by 2025 and sell 3.5 million of the vehicles a year by 2030. That would represent 15% of its total sales in the category, up from less than 1% today.Honda Managing Officer Yoshishige Nomura said the company was looking at whether to separate the electric two-wheeler business into a new unit and list some shares of that business on a stock exchange. He said consideration of the pluses and minuses was still at an early stage.“If changing up the internal organization of the company is determined to have the potential to create greater movement toward electrification, it’d be a good move,” Mr. Nomura said. He said that for now, Honda didn’t need an external cash injection to finance its push into electric motorcycles.Since it first began selling motorcycles in 1949, Honda has manufactured more of the vehicles than any other company thanks in part to its strength in internal combustion engine technology.It remains a profitable business for the company, with margins well above what it earns on cars. Motorcycles accounted for nearly half of Honda’s operating profit in the April-to-June quarter when auto sales struggled because of parts shortages.But some rivals inbig markets such as Indiahave gotten ahead of Honda in introducing motorcycles and electric bikes driven by batteries. Just as legacy car makers have yielded market share to all-electric newcomers such asTeslaInc., Honda faces the risk of falling behind technology shifts.Honda’s U.S. rival,Harley-DavidsonInc., said in December it wouldpursue a separate stock listingof its electric arm, LiveWire, via a blank-check merger. The deal is expected to close this month after being delayed by market turmoil.In 2020, Honda claimed around a fifth of the share of the global motorcycle market, according to market researcher Deallab, followed byYamaha MotorCo. with 10.4% and Harley-Davidson with 4.4%.In general, electrification of the world’s motorcycle fleet is moving more slowly than the shift to electric cars, in part because some of the biggest markets are developing nations like India where advanced recharging equipment is scarce.Rahul Mehta, founder and CEO of Bikers Club Network based in Mumbai, said it generally took eight to 10 hours to charge the battery of an electric motorcycle after riding it for around 45 to 60 miles.Electric motorcycles are “eco-friendly and they are definitely the future, but right now it’s the infrastructure,” he said.Under Honda’s road map, 85% of its total two-wheeler sales in 2030 would still come from nonelectric vehicles, a slower transition than it plans for cars. The company says it will be fully carbon-neutral by 2050.The challenges in turning electric cars into a mainstream product are compounded for motorcycles, according to Mr. Nomura. The smaller vehicles can’t easily be fit with bulky batteries to give them long driving range, and even a small amount of extra cost may push a motorcycle out of the range developing-nation consumers can afford.Much of the fight for the future of motorcycles is taking place in India, the world’s biggest market for two-wheelers. India made up roughly a quarter of Honda’s total two-wheeler unit sales for the recent April-to-June period and the company believes it has high growth potential, said Mr. Nomura.In the year ended in March, 231,338 electrified motorcycles and scooters were sold in India, according to India’s Federation of Automobile Dealers Associations, a nearly sixfold increase from the previous year. That was still only about 2% of overall motorcycle and scooter sales.Upstarts are angling to use electrification to reverse Honda’s advantage. Indian manufacturer Hero Electric Vehicles Pvt. Ltd. currently leads the electric two-wheeler market in India, with more than a quarter of the market.“We want to be able to compete as quickly as possible” in India, Mr. Nomura said. Honda said it planned to introduce five electric moped or electric bike models in Asia between this year and 2024.","news_type":1},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935511554,"gmtCreate":1663113918678,"gmtModify":1676537205144,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"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/9935511554","repostId":"1158963742","repostType":4,"repost":{"id":"1158963742","kind":"news","pubTimestamp":1663112631,"share":"https://ttm.financial/m/news/1158963742?lang=&edition=fundamental","pubTime":"2022-09-14 07:43","market":"us","language":"en","title":"Why Did Peloton Plummet on Tuesday? Executive Shakeup Amid Broader Selloff","url":"https://stock-news.laohu8.com/highlight/detail?id=1158963742","media":"Seeking Alpha","summary":"Peloton Interactive  was among the worst performers in the market on an already down day for most se","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/PTON\">Peloton Interactive </a> was among the worst performers in the market on an already down day for most sectors, as a surprise shift in the boardroom added to pain for the fitness bike manufacturer.</p><p>Shares of the former pandemic darling fell 10.32% in Tuesday’s session, adding to losses that have amounted to an over 70% decline year to date.</p><p>The outsized decline on Tuesday came after the company accepted the resignation of co-founder and former CEO John Foley from his position as executive chairman, effective immediately, on Monday evening. His departure was joined by the announcement of a planned exit of fellow co-founder and Chief Legal Officer Hisao Kushi, effective October 3.</p><p>Kushi will be replaced by former Uber Chief Deputy Counsel Tammy Albarrán, while Karen Boone will assume the role of Board Chair.</p><p>Greg Selker, Managing Director and North American Technology Practice Leader at Stanton Chase, told SeekingAlpha that the company became a victim of overaggressive expansion during the pandemic wherein they believed growth would continue and “cover the sins” of the company. As such, staff cuts and a strategy reorientation under new leadership in 2022 was not unexpected, even in the upper echelons of the company’s management.</p><p>Selker added that the new hires to replace the departing co-founders beg questions about the company culture.</p><p>“The departure of two co-founders and a replacement of the Chief Legal Officer with a person from Uber, with the press release mentioning her work in the ‘cultural transformation’ at that company, that seems to imply issues with the culture of the company that might need to be addressed,” he said.</p><p>Of course, aside from the executive shakeup, a general market downdraft amid a hotter than expected inflation report dragged down many stocks that rely upon consumer discretionary spending. Peloton’s (PTON) products fall squarely in that category, making the slide not so far from the norm on Tuesday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Did Peloton Plummet on Tuesday? Executive Shakeup Amid Broader Selloff</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 Did Peloton Plummet on Tuesday? Executive Shakeup Amid Broader Selloff\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-14 07:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3882543-why-did-peloton-plummet-on-tuesday-executive-shakeup-amid-broader-selloff><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Peloton Interactive  was among the worst performers in the market on an already down day for most sectors, as a surprise shift in the boardroom added to pain for the fitness bike manufacturer.Shares ...</p>\n\n<a href=\"https://seekingalpha.com/news/3882543-why-did-peloton-plummet-on-tuesday-executive-shakeup-amid-broader-selloff\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PTON":"Peloton Interactive, Inc."},"source_url":"https://seekingalpha.com/news/3882543-why-did-peloton-plummet-on-tuesday-executive-shakeup-amid-broader-selloff","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158963742","content_text":"Peloton Interactive  was among the worst performers in the market on an already down day for most sectors, as a surprise shift in the boardroom added to pain for the fitness bike manufacturer.Shares of the former pandemic darling fell 10.32% in Tuesday’s session, adding to losses that have amounted to an over 70% decline year to date.The outsized decline on Tuesday came after the company accepted the resignation of co-founder and former CEO John Foley from his position as executive chairman, effective immediately, on Monday evening. His departure was joined by the announcement of a planned exit of fellow co-founder and Chief Legal Officer Hisao Kushi, effective October 3.Kushi will be replaced by former Uber Chief Deputy Counsel Tammy Albarrán, while Karen Boone will assume the role of Board Chair.Greg Selker, Managing Director and North American Technology Practice Leader at Stanton Chase, told SeekingAlpha that the company became a victim of overaggressive expansion during the pandemic wherein they believed growth would continue and “cover the sins” of the company. As such, staff cuts and a strategy reorientation under new leadership in 2022 was not unexpected, even in the upper echelons of the company’s management.Selker added that the new hires to replace the departing co-founders beg questions about the company culture.“The departure of two co-founders and a replacement of the Chief Legal Officer with a person from Uber, with the press release mentioning her work in the ‘cultural transformation’ at that company, that seems to imply issues with the culture of the company that might need to be addressed,” he said.Of course, aside from the executive shakeup, a general market downdraft amid a hotter than expected inflation report dragged down many stocks that rely upon consumer discretionary spending. Peloton’s (PTON) products fall squarely in that category, making the slide not so far from the norm on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900352769,"gmtCreate":1658646191851,"gmtModify":1676536187162,"author":{"id":"4098497734462550","authorId":"4098497734462550","name":"RoslanMaarof","avatar":"https://community-static.tradeup.com/news/a7749cdc93bdd7a9ac757345b22c1620","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098497734462550","authorIdStr":"4098497734462550"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900352769","repostId":"2253060728","repostType":4,"repost":{"id":"2253060728","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1658631601,"share":"https://ttm.financial/m/news/2253060728?lang=&edition=fundamental","pubTime":"2022-07-24 11:00","market":"us","language":"en","title":"Amazon Is Ready To Rise Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2253060728","media":"Dow Jones","summary":"Amazon's recent struggles in e-commerce are masking its continued dominance in the cloud. For invest","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a>&#39;s recent struggles in e-commerce are masking its continued dominance in the cloud. For investors, it&#39;s time to refocus. Amazon shares have never looked more attractive than they do right now.</p><p>Amazon.com has reported earnings about 100 times since it went public in 1997. Every one of those quarterly reports has shown a growing company, despite plenty of ups and downs in the economy -- and the internet. Amazon&#39;s worst quarter came in September 2001, when the internet bubble was blowing apart. Even then, revenue grew slightly from a year earlier. Now, though, Amazon&#39;s streak may be coming to an end.</p><p>When Amazon (AMZN) reports second-quarter earnings on July 28, Wall Street analysts expect revenue growth of just 5%. That&#39;s a tepid number by Amazon standards, and if things are just slightly worse than expected, revenue could actually decline. It would be a telling moment, with Amazon facing its greatest set of challenges since founder Jeff Bezos began selling books out of his house almost 30 years ago.</p><p>The company&#39;s longtime advantage in e-commerce has arguably become a weakness, with physical stores enjoying a post-Covid renaissance. Elevated fuel costs, meanwhile, are crimping Amazon&#39;s profits, with the cost of deliveries and returns on the rise.</p><p>Amazon&#39;s profit margins have never been rich, but analysts forecast a razor-thin 1.8% operating margin in the second quarter. After years of giving Amazon a pass on profits, investors have grown impatient. Since peaking last July, the stock is down 33% to a recent $125, shedding more than $600 billion in market value. Seen through the e-commerce lens, Amazon is one more struggling tech company.</p><p>And yet none of that should matter. Investors&#39; preoccupation with Amazon&#39;s retail operations overlooks the company&#39;s transformation. This year, the Amazon Web Services cloud business will be about 15% of the company&#39;s total revenue but more than 100% of its profits. Before, during, and after pandemic lockdowns, AWS revenue grew at a 30%-plus quarterly clip. In the long term, those trends should continue.</p><p>Meanwhile, Amazon has an advertising business that has annualized revenue of close to $40 billion. That&#39;s nearly four times the size of Twitter (TWTR) and Snap <a href=\"https://laohu8.com/S/SNAP\">$(SNAP)$</a> combined. And it&#39;s a media company that now controls the rights to a weekly National Football League game, a package that was once exclusive to broadcast giants Comcast <a href=\"https://laohu8.com/S/CMCSA\">$(CMCSA)$</a>, Fox <a href=\"https://laohu8.com/S/FOXA\">$(FOXA)$</a>, <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> (PARA), and Walt Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> . There&#39;s also a growing logistics operation that increasingly rivals FedEx <a href=\"https://laohu8.com/S/FDX.AU\">$(FDX.AU)$</a> and United Parcel Service <a href=\"https://laohu8.com/S/UPS\">$(UPS)$</a>.</p><p>The challenge for investors is that the sprawling operation has made Amazon difficult to value. It&#39;s worth the effort -- Amazon shares have rarely been more attractive. The stock could double, or triple, over the next few years. Yes, the latest quarter will be bad. But the future couldn&#39;t be brighter.</p><p>Gene Munster, a portfolio manager at Loup Ventures, says his firm has been adding to its Amazon position. While Munster concedes that investors are concerned about e-commerce profitability in the short run, he&#39;s convinced that in the long run, &#34;no one is going to compete with Amazon&#34; in online shopping. Munster figures that AWS and the ad business together will generate $45 billion in operating income this year. Value that at 25 times earnings, says Munster, and you get $1.1 trillion, which is just about the company&#39;s current total market value. That means investors are currently getting everything else free: online stores, Prime, logistics, Whole Foods Market, and a host of other businesses that Amazon has acquired over the years.</p><p>Says Munster: &#34;It&#39;s hard not to like Amazon at this valuation.&#34;</p><p>To be sure, Amazon continues to face bad publicity. The company is pushing back against unions trying to organize Amazon workers, a difficult balance for a company that claims to be Earth&#39;s best employer. The company is also dealing with a newly empowered Federal Trade Commission led by Chair Lina Khan, who once wrote in the Yale Law Review that Amazon&#39;s dominant market position was clear evidence that U.S. antitrust laws weren&#39;t effectively regulating the U.S. internet sector. Amazon is sure to face intense government scrutiny for future acquisitions. And it could be forced to make concessions to the government.</p><p>For now, though, Amazon is still finding ways to grow through deals. Just this past week, the company agreed to buy One Medical, an owner of membership-based healthcare clinics, for $3.9 billion.</p><p>There&#39;s also a chance the slowing economy could weigh on AWS sales for the next few quarters. For this year, Wall Street currently expects total Amazon revenue of $520 billion, up 11%, with profits of 56 cents a share, down from $3.24 a year earlier.</p><p>But to Amazon bulls, the issues plaguing the company are fleeting and priced in. While the economy could fall into recession later this year or in 2023, that recession won&#39;t be permanent. Meanwhile, the e-commerce market continues to expand, and Amazon&#39;s slice of the pie remains vast, at about 40%. There&#39;s still room for additional market share gains, too.</p><p>The company&#39;s advertising business, meanwhile, is on the rise. Given Apple&#39;s <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> tough stance on sharing information about consumer activity on the iPhone, advertisers are looking beyond <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>&#39; <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a> Facebook, Alphabet&#39;s <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> YouTube, and Snap for places to spend their ad dollars. Many ad buyers are turning to options where consumer buying intent is clear on the surface. Meta has to infer what you might want to buy; in Amazon&#39;s case, consumers type their exact shopping interests into a search box. In a marketplace crowded with consumer choice, Amazon&#39;s ad market is a gold mine.</p><p>And then there&#39;s Amazon Web Services, the company&#39;s mammoth cloud-computing platform. Since the company began breaking out results for AWS in 2015, the business has accounted for more than half of Amazon&#39;s operating profits, including almost 75% of the total in 2021. In 2022, with e-commerce operations likely to lose money, AWS is forecast to constitute 150% of Amazon&#39;s operating income.</p><p>With revenue close to $82 billion, AWS is one of the world&#39;s largest software and services companies -- bigger than Oracle <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a>, IBM <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a>, or SAP <a href=\"https://laohu8.com/S/SAP\">$(SAP)$</a>, and more than twice the size of Salesforce <a href=\"https://laohu8.com/S/CRM.AU\">$(CRM.AU)$</a>, the largest of the so-called software-as-a-service companies. And AWS is going to get a lot bigger. It&#39;s no wonder that when Bezos chose to step down as CEO in 2021, he chose as his successor AWS architect Andy Jassy. (Amazon declined to make Jassy or any other executives available for this story, citing the quiet period ahead of earnings.)</p><p>One of Wall Street&#39;s favorite strategies for assessing corporate value is a &#34;sum of the parts&#34; approach: Make a list of what the company owns, put a value on each part, then add it all up.</p><p>For some of Amazon&#39;s businesses, appropriate comparisons are hard to find. There are no pure-play public cloud stocks that look anything like AWS; its primary rivals -- Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> Azure and Google Cloud -- are likewise buried inside large businesses. Amazon&#39;s ad business is valuable, but it&#39;s linked to the core e-commerce business and therefore defies an easy value.</p><p>Then there&#39;s Amazon Prime, which includes a Netflix-like video streaming service plus a Spotify-like music service. There are other businesses hidden in the company&#39;s financials, including the videogame streaming service Twitch, the audiobook company Audible, the podcasting producer Wondery, and autonomous-vehicle maker Zoox, just to name a few.</p><p>In reporting this story, Barron&#39;s found at least four different attempts by Wall Street analysts to suss out the company&#39;s true value. They involve different parts, different metrics, and varying conclusions. The only consistent theme? Amazon&#39;s parts add up to a lot more than its current market value.</p><p>Let&#39;s start with the entertainment-focused approach from Needham analyst Laura Martin. In her view, a large part of Amazon&#39;s value comes from its media businesses. She values Amazon Prime Video, Amazon Music, Twitch, and advertising at more than $500 billion. She values AWS at $650 billion. Those two numbers give you $1.15 trillion, or roughly Amazon&#39;s current market value. That doesn&#39;t include e-commerce, which Martin&#39;s calculations currently ignore.</p><p>Truist internet analyst Youssef Squali has a different approach. He puts a value of more than $500 billion on Amazon&#39;s &#34;third-party retail&#34; services business, which includes logistics and other services provided to millions of sellers. He adds $172 billion for &#34;first party&#34; retail -- Amazon-branded goods, including electronics like Fire TVs and Kindles, plus thousands of AmazonBasics products. He values the company&#39;s subscription business -- basically Prime -- at a little over $100 billion. Then, he values AWS at $867 billion, using a multiple of 30 times estimated pretax earnings for 2022. (Salesforce, which is growing more slowly than AWS, trades at roughly 30 times pretax earnings.) Ultimately, Squali comes up with an Amazon value of $1.7 trillion.</p><p>J.P. Morgan analyst Doug Anmuth takes the simplest view -- dividing Amazon into two pieces. He pegs the value of AWS at 20 times his estimate of $52 billion in 2023 earnings before interest, taxes, depreciation, and amortization, or Ebitda, which comes to just over $1 trillion. For the retail business, he applies a multiple of 1.25 times his estimated gross merchandise value for 2023, which comes to just over $950 billion. Anmuth notes that Walmart <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> trades at about one times GMV, while Amazon&#39;s retail business has &#34;meaningfully higher&#34; growth, meriting a higher multiple. For Anmuth, that&#39;s a total Amazon value of $2 trillion.</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>Amazon Is Ready To Rise Again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Is Ready To Rise Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-24 11:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a>&#39;s recent struggles in e-commerce are masking its continued dominance in the cloud. For investors, it&#39;s time to refocus. Amazon shares have never looked more attractive than they do right now.</p><p>Amazon.com has reported earnings about 100 times since it went public in 1997. Every one of those quarterly reports has shown a growing company, despite plenty of ups and downs in the economy -- and the internet. Amazon&#39;s worst quarter came in September 2001, when the internet bubble was blowing apart. Even then, revenue grew slightly from a year earlier. Now, though, Amazon&#39;s streak may be coming to an end.</p><p>When Amazon (AMZN) reports second-quarter earnings on July 28, Wall Street analysts expect revenue growth of just 5%. That&#39;s a tepid number by Amazon standards, and if things are just slightly worse than expected, revenue could actually decline. It would be a telling moment, with Amazon facing its greatest set of challenges since founder Jeff Bezos began selling books out of his house almost 30 years ago.</p><p>The company&#39;s longtime advantage in e-commerce has arguably become a weakness, with physical stores enjoying a post-Covid renaissance. Elevated fuel costs, meanwhile, are crimping Amazon&#39;s profits, with the cost of deliveries and returns on the rise.</p><p>Amazon&#39;s profit margins have never been rich, but analysts forecast a razor-thin 1.8% operating margin in the second quarter. After years of giving Amazon a pass on profits, investors have grown impatient. Since peaking last July, the stock is down 33% to a recent $125, shedding more than $600 billion in market value. Seen through the e-commerce lens, Amazon is one more struggling tech company.</p><p>And yet none of that should matter. Investors&#39; preoccupation with Amazon&#39;s retail operations overlooks the company&#39;s transformation. This year, the Amazon Web Services cloud business will be about 15% of the company&#39;s total revenue but more than 100% of its profits. Before, during, and after pandemic lockdowns, AWS revenue grew at a 30%-plus quarterly clip. In the long term, those trends should continue.</p><p>Meanwhile, Amazon has an advertising business that has annualized revenue of close to $40 billion. That&#39;s nearly four times the size of Twitter (TWTR) and Snap <a href=\"https://laohu8.com/S/SNAP\">$(SNAP)$</a> combined. And it&#39;s a media company that now controls the rights to a weekly National Football League game, a package that was once exclusive to broadcast giants Comcast <a href=\"https://laohu8.com/S/CMCSA\">$(CMCSA)$</a>, Fox <a href=\"https://laohu8.com/S/FOXA\">$(FOXA)$</a>, <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> (PARA), and Walt Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> . There&#39;s also a growing logistics operation that increasingly rivals FedEx <a href=\"https://laohu8.com/S/FDX.AU\">$(FDX.AU)$</a> and United Parcel Service <a href=\"https://laohu8.com/S/UPS\">$(UPS)$</a>.</p><p>The challenge for investors is that the sprawling operation has made Amazon difficult to value. It&#39;s worth the effort -- Amazon shares have rarely been more attractive. The stock could double, or triple, over the next few years. Yes, the latest quarter will be bad. But the future couldn&#39;t be brighter.</p><p>Gene Munster, a portfolio manager at Loup Ventures, says his firm has been adding to its Amazon position. While Munster concedes that investors are concerned about e-commerce profitability in the short run, he&#39;s convinced that in the long run, &#34;no one is going to compete with Amazon&#34; in online shopping. Munster figures that AWS and the ad business together will generate $45 billion in operating income this year. Value that at 25 times earnings, says Munster, and you get $1.1 trillion, which is just about the company&#39;s current total market value. That means investors are currently getting everything else free: online stores, Prime, logistics, Whole Foods Market, and a host of other businesses that Amazon has acquired over the years.</p><p>Says Munster: &#34;It&#39;s hard not to like Amazon at this valuation.&#34;</p><p>To be sure, Amazon continues to face bad publicity. The company is pushing back against unions trying to organize Amazon workers, a difficult balance for a company that claims to be Earth&#39;s best employer. The company is also dealing with a newly empowered Federal Trade Commission led by Chair Lina Khan, who once wrote in the Yale Law Review that Amazon&#39;s dominant market position was clear evidence that U.S. antitrust laws weren&#39;t effectively regulating the U.S. internet sector. Amazon is sure to face intense government scrutiny for future acquisitions. And it could be forced to make concessions to the government.</p><p>For now, though, Amazon is still finding ways to grow through deals. Just this past week, the company agreed to buy One Medical, an owner of membership-based healthcare clinics, for $3.9 billion.</p><p>There&#39;s also a chance the slowing economy could weigh on AWS sales for the next few quarters. For this year, Wall Street currently expects total Amazon revenue of $520 billion, up 11%, with profits of 56 cents a share, down from $3.24 a year earlier.</p><p>But to Amazon bulls, the issues plaguing the company are fleeting and priced in. While the economy could fall into recession later this year or in 2023, that recession won&#39;t be permanent. Meanwhile, the e-commerce market continues to expand, and Amazon&#39;s slice of the pie remains vast, at about 40%. There&#39;s still room for additional market share gains, too.</p><p>The company&#39;s advertising business, meanwhile, is on the rise. Given Apple&#39;s <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> tough stance on sharing information about consumer activity on the iPhone, advertisers are looking beyond <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>&#39; <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a> Facebook, Alphabet&#39;s <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> YouTube, and Snap for places to spend their ad dollars. Many ad buyers are turning to options where consumer buying intent is clear on the surface. Meta has to infer what you might want to buy; in Amazon&#39;s case, consumers type their exact shopping interests into a search box. In a marketplace crowded with consumer choice, Amazon&#39;s ad market is a gold mine.</p><p>And then there&#39;s Amazon Web Services, the company&#39;s mammoth cloud-computing platform. Since the company began breaking out results for AWS in 2015, the business has accounted for more than half of Amazon&#39;s operating profits, including almost 75% of the total in 2021. In 2022, with e-commerce operations likely to lose money, AWS is forecast to constitute 150% of Amazon&#39;s operating income.</p><p>With revenue close to $82 billion, AWS is one of the world&#39;s largest software and services companies -- bigger than Oracle <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a>, IBM <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a>, or SAP <a href=\"https://laohu8.com/S/SAP\">$(SAP)$</a>, and more than twice the size of Salesforce <a href=\"https://laohu8.com/S/CRM.AU\">$(CRM.AU)$</a>, the largest of the so-called software-as-a-service companies. And AWS is going to get a lot bigger. It&#39;s no wonder that when Bezos chose to step down as CEO in 2021, he chose as his successor AWS architect Andy Jassy. (Amazon declined to make Jassy or any other executives available for this story, citing the quiet period ahead of earnings.)</p><p>One of Wall Street&#39;s favorite strategies for assessing corporate value is a &#34;sum of the parts&#34; approach: Make a list of what the company owns, put a value on each part, then add it all up.</p><p>For some of Amazon&#39;s businesses, appropriate comparisons are hard to find. There are no pure-play public cloud stocks that look anything like AWS; its primary rivals -- Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> Azure and Google Cloud -- are likewise buried inside large businesses. Amazon&#39;s ad business is valuable, but it&#39;s linked to the core e-commerce business and therefore defies an easy value.</p><p>Then there&#39;s Amazon Prime, which includes a Netflix-like video streaming service plus a Spotify-like music service. There are other businesses hidden in the company&#39;s financials, including the videogame streaming service Twitch, the audiobook company Audible, the podcasting producer Wondery, and autonomous-vehicle maker Zoox, just to name a few.</p><p>In reporting this story, Barron&#39;s found at least four different attempts by Wall Street analysts to suss out the company&#39;s true value. They involve different parts, different metrics, and varying conclusions. The only consistent theme? Amazon&#39;s parts add up to a lot more than its current market value.</p><p>Let&#39;s start with the entertainment-focused approach from Needham analyst Laura Martin. In her view, a large part of Amazon&#39;s value comes from its media businesses. She values Amazon Prime Video, Amazon Music, Twitch, and advertising at more than $500 billion. She values AWS at $650 billion. Those two numbers give you $1.15 trillion, or roughly Amazon&#39;s current market value. That doesn&#39;t include e-commerce, which Martin&#39;s calculations currently ignore.</p><p>Truist internet analyst Youssef Squali has a different approach. He puts a value of more than $500 billion on Amazon&#39;s &#34;third-party retail&#34; services business, which includes logistics and other services provided to millions of sellers. He adds $172 billion for &#34;first party&#34; retail -- Amazon-branded goods, including electronics like Fire TVs and Kindles, plus thousands of AmazonBasics products. He values the company&#39;s subscription business -- basically Prime -- at a little over $100 billion. Then, he values AWS at $867 billion, using a multiple of 30 times estimated pretax earnings for 2022. (Salesforce, which is growing more slowly than AWS, trades at roughly 30 times pretax earnings.) Ultimately, Squali comes up with an Amazon value of $1.7 trillion.</p><p>J.P. Morgan analyst Doug Anmuth takes the simplest view -- dividing Amazon into two pieces. He pegs the value of AWS at 20 times his estimate of $52 billion in 2023 earnings before interest, taxes, depreciation, and amortization, or Ebitda, which comes to just over $1 trillion. For the retail business, he applies a multiple of 1.25 times his estimated gross merchandise value for 2023, which comes to just over $950 billion. Anmuth notes that Walmart <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> trades at about one times GMV, while Amazon&#39;s retail business has &#34;meaningfully higher&#34; growth, meriting a higher multiple. For Anmuth, that&#39;s a total Amazon value of $2 trillion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253060728","content_text":"Amazon's recent struggles in e-commerce are masking its continued dominance in the cloud. For investors, it's time to refocus. Amazon shares have never looked more attractive than they do right now.Amazon.com has reported earnings about 100 times since it went public in 1997. Every one of those quarterly reports has shown a growing company, despite plenty of ups and downs in the economy -- and the internet. Amazon's worst quarter came in September 2001, when the internet bubble was blowing apart. Even then, revenue grew slightly from a year earlier. Now, though, Amazon's streak may be coming to an end.When Amazon (AMZN) reports second-quarter earnings on July 28, Wall Street analysts expect revenue growth of just 5%. That's a tepid number by Amazon standards, and if things are just slightly worse than expected, revenue could actually decline. It would be a telling moment, with Amazon facing its greatest set of challenges since founder Jeff Bezos began selling books out of his house almost 30 years ago.The company's longtime advantage in e-commerce has arguably become a weakness, with physical stores enjoying a post-Covid renaissance. Elevated fuel costs, meanwhile, are crimping Amazon's profits, with the cost of deliveries and returns on the rise.Amazon's profit margins have never been rich, but analysts forecast a razor-thin 1.8% operating margin in the second quarter. After years of giving Amazon a pass on profits, investors have grown impatient. Since peaking last July, the stock is down 33% to a recent $125, shedding more than $600 billion in market value. Seen through the e-commerce lens, Amazon is one more struggling tech company.And yet none of that should matter. Investors' preoccupation with Amazon's retail operations overlooks the company's transformation. This year, the Amazon Web Services cloud business will be about 15% of the company's total revenue but more than 100% of its profits. Before, during, and after pandemic lockdowns, AWS revenue grew at a 30%-plus quarterly clip. In the long term, those trends should continue.Meanwhile, Amazon has an advertising business that has annualized revenue of close to $40 billion. That's nearly four times the size of Twitter (TWTR) and Snap $(SNAP)$ combined. And it's a media company that now controls the rights to a weekly National Football League game, a package that was once exclusive to broadcast giants Comcast $(CMCSA)$, Fox $(FOXA)$, Paramount Global (PARA), and Walt Disney $(DIS)$ . There's also a growing logistics operation that increasingly rivals FedEx $(FDX.AU)$ and United Parcel Service $(UPS)$.The challenge for investors is that the sprawling operation has made Amazon difficult to value. It's worth the effort -- Amazon shares have rarely been more attractive. The stock could double, or triple, over the next few years. Yes, the latest quarter will be bad. But the future couldn't be brighter.Gene Munster, a portfolio manager at Loup Ventures, says his firm has been adding to its Amazon position. While Munster concedes that investors are concerned about e-commerce profitability in the short run, he's convinced that in the long run, \"no one is going to compete with Amazon\" in online shopping. Munster figures that AWS and the ad business together will generate $45 billion in operating income this year. Value that at 25 times earnings, says Munster, and you get $1.1 trillion, which is just about the company's current total market value. That means investors are currently getting everything else free: online stores, Prime, logistics, Whole Foods Market, and a host of other businesses that Amazon has acquired over the years.Says Munster: \"It's hard not to like Amazon at this valuation.\"To be sure, Amazon continues to face bad publicity. The company is pushing back against unions trying to organize Amazon workers, a difficult balance for a company that claims to be Earth's best employer. The company is also dealing with a newly empowered Federal Trade Commission led by Chair Lina Khan, who once wrote in the Yale Law Review that Amazon's dominant market position was clear evidence that U.S. antitrust laws weren't effectively regulating the U.S. internet sector. Amazon is sure to face intense government scrutiny for future acquisitions. And it could be forced to make concessions to the government.For now, though, Amazon is still finding ways to grow through deals. Just this past week, the company agreed to buy One Medical, an owner of membership-based healthcare clinics, for $3.9 billion.There's also a chance the slowing economy could weigh on AWS sales for the next few quarters. For this year, Wall Street currently expects total Amazon revenue of $520 billion, up 11%, with profits of 56 cents a share, down from $3.24 a year earlier.But to Amazon bulls, the issues plaguing the company are fleeting and priced in. While the economy could fall into recession later this year or in 2023, that recession won't be permanent. Meanwhile, the e-commerce market continues to expand, and Amazon's slice of the pie remains vast, at about 40%. There's still room for additional market share gains, too.The company's advertising business, meanwhile, is on the rise. Given Apple's $(AAPL)$ tough stance on sharing information about consumer activity on the iPhone, advertisers are looking beyond Meta Platforms' $(META.UK)$ Facebook, Alphabet's $(GOOGL)$ YouTube, and Snap for places to spend their ad dollars. Many ad buyers are turning to options where consumer buying intent is clear on the surface. Meta has to infer what you might want to buy; in Amazon's case, consumers type their exact shopping interests into a search box. In a marketplace crowded with consumer choice, Amazon's ad market is a gold mine.And then there's Amazon Web Services, the company's mammoth cloud-computing platform. Since the company began breaking out results for AWS in 2015, the business has accounted for more than half of Amazon's operating profits, including almost 75% of the total in 2021. In 2022, with e-commerce operations likely to lose money, AWS is forecast to constitute 150% of Amazon's operating income.With revenue close to $82 billion, AWS is one of the world's largest software and services companies -- bigger than Oracle $(ORCL)$, IBM $(IBM)$, or SAP $(SAP)$, and more than twice the size of Salesforce $(CRM.AU)$, the largest of the so-called software-as-a-service companies. And AWS is going to get a lot bigger. It's no wonder that when Bezos chose to step down as CEO in 2021, he chose as his successor AWS architect Andy Jassy. (Amazon declined to make Jassy or any other executives available for this story, citing the quiet period ahead of earnings.)One of Wall Street's favorite strategies for assessing corporate value is a \"sum of the parts\" approach: Make a list of what the company owns, put a value on each part, then add it all up.For some of Amazon's businesses, appropriate comparisons are hard to find. There are no pure-play public cloud stocks that look anything like AWS; its primary rivals -- Microsoft $(MSFT)$ Azure and Google Cloud -- are likewise buried inside large businesses. Amazon's ad business is valuable, but it's linked to the core e-commerce business and therefore defies an easy value.Then there's Amazon Prime, which includes a Netflix-like video streaming service plus a Spotify-like music service. There are other businesses hidden in the company's financials, including the videogame streaming service Twitch, the audiobook company Audible, the podcasting producer Wondery, and autonomous-vehicle maker Zoox, just to name a few.In reporting this story, Barron's found at least four different attempts by Wall Street analysts to suss out the company's true value. They involve different parts, different metrics, and varying conclusions. The only consistent theme? Amazon's parts add up to a lot more than its current market value.Let's start with the entertainment-focused approach from Needham analyst Laura Martin. In her view, a large part of Amazon's value comes from its media businesses. She values Amazon Prime Video, Amazon Music, Twitch, and advertising at more than $500 billion. She values AWS at $650 billion. Those two numbers give you $1.15 trillion, or roughly Amazon's current market value. That doesn't include e-commerce, which Martin's calculations currently ignore.Truist internet analyst Youssef Squali has a different approach. He puts a value of more than $500 billion on Amazon's \"third-party retail\" services business, which includes logistics and other services provided to millions of sellers. He adds $172 billion for \"first party\" retail -- Amazon-branded goods, including electronics like Fire TVs and Kindles, plus thousands of AmazonBasics products. He values the company's subscription business -- basically Prime -- at a little over $100 billion. Then, he values AWS at $867 billion, using a multiple of 30 times estimated pretax earnings for 2022. (Salesforce, which is growing more slowly than AWS, trades at roughly 30 times pretax earnings.) Ultimately, Squali comes up with an Amazon value of $1.7 trillion.J.P. Morgan analyst Doug Anmuth takes the simplest view -- dividing Amazon into two pieces. He pegs the value of AWS at 20 times his estimate of $52 billion in 2023 earnings before interest, taxes, depreciation, and amortization, or Ebitda, which comes to just over $1 trillion. For the retail business, he applies a multiple of 1.25 times his estimated gross merchandise value for 2023, which comes to just over $950 billion. Anmuth notes that Walmart $(WMT)$ trades at about one times GMV, while Amazon's retail business has \"meaningfully higher\" growth, meriting a higher multiple. For Anmuth, that's a total Amazon value of $2 trillion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}